1. Budget Presentation D P A C May 24, 2011

2.  Provide a broad overview of the status of school funding in the legislature  Look at the District’s 2011-2012 initial budget projections from a current law perspective  Look at timelines ◦ Legislative action on budget ◦ GPISD budget consideration and adoption

3.  The level of public school funding for the next biennium currently rests with the Legislature

4.  House version passed on 4/3/2011 by a vote largely along party lines: 98 yeas, 49 nays, 2 present not voting.  Senate passed its version on 5/4/2011 by a vote also mostly along party lines: 19 yeas, 12 nays.

5.  Funding reductions in the House version of HB1 have been described by some observers as “Draconian”  Senate version reduces funding for public education, but not as significantly as the House version

6.  The Appropriations Bills determine the level of funding  The School Finance Bills will determine how the appropriated funding will be distributed ◦ HB 2485 by Hochberg ◦ SB 22 by Shapiro  The above are the two bills that currently are receiving the most discussion  Legislative deadlines are here or rapidly approaching

7.  Amount of the reduction in funding for public education that will emerge from the Conference Committee  Method for allocating the reduction to the individual public school districts across the State

8.  Pro-active leadership by our Board of Trustees and Superintendent has put us in a position to be close to a “breakeven” for 2011-2012 under current law ◦ Reduced 100 positions through voluntary attrition ◦ Reductions in non-payroll budgets

9.  May 24 - the last day the House can consider senate bills on second reading  May 29 - the deadline for the House to adopt conference committee reports  May 30 - the last day of the regular session

10.  We hope, based on the Legislative timeline, that we will have information at the Board’s June meeting on state funding  If a Special Session becomes reality, we could be looking at a scenario where GPISD will need to adopt a budget before we know the level of state funding

11. Questions?