 State budget $3 billion dollar deficit 2010-11  30% shortfall for upcoming year  Temporary sales tax results in approximately $1 billion saved  Cuts.

Slides:



Advertisements
Similar presentations
1 Budget Briefing State of Arizona Janice K. Brewer, Governor April 17, 2009.
Advertisements

Budget Forum Presented by: Ann-Marie Gabel Vice President, Administrative Services March
FISCAL ACCOUNTABILITY OF STATE GOVERNMENT Presentation Prepared for the Appropriations Committee and the Finance, Revenue, and Bonding Committee by the.
Ramona Unified School District June 7, Ramona Unified is facing an unprecedented financial crisis Projected ending fund balance below or at 0% A.
Louisiana at the Crossroads: Responsible Responses to Louisiana’s Financial Crisis 1.
Georgia Budget Crisis: The Hole Gets Deeper Alan Essig Executive Director Georgia Budget & Policy Institute November 13, 2009.
PERSPECTIVES OF THE MICHIGAN TOWNSHIPS ASSOCIATION What’s Happening to Michigan Local Governments?
A Balanced Approach To Meeting the Needs of Texans Dick Lavine Center for Public Policy Priorities January 28, 2011.
SENATE BUDGET AND EVALUATION OFFICE Overview of the Georgia State Revenues and Budget Slides are up to date as of 4/29/10. Please note that numbers are.
ENCINITAS UNION SCHOOL DISTRICT BUDGET PRESENTATION May 8, 2012.
New York Times, Budget Puzzle 1.What is the predicted budget shortfall in 2015? In 2030?( how old will you be then?) 2.List 3 spending cuts you made &
Once again the State adopted a budget without realistically solving its own major deficit problem. “Mid-Year Triggers” is the latest catch phrase for.
School Finance: A Framework School Finance: A Framework, Attachment 1.
Macroeconomics Unit 12 Deficits, Surpluses, Debt Top Five Concepts.
TABOR Rebates: Just the Facts. What are TABOR Rebates? When state revenues (Fiscal Year Spending) exceed a voter approved cap (rate of change in CPI plus.
Texas Taxpayers and Research Association February (512) The Fiscal View From Texas Dale Craymer Texas Taxpayers and Research.
University of Missouri FY 2012 Budget Outlook. FY 2012 State Budget Outlook FY 2011 General Revenue Budget of $7.9 billion General Revenue: $7.0 billion.
State Budget Situation -The State of Washington will have about a $5.3 billion shortfall for Why?: A decrease in revenue (Our revenue relies.
December 2009Office of Governor Janice K. Brewer1 Arizona Budget Status FY 2010 and 2011.
MONEY, MONEY, MONEY… Balancing the Texas Budget in
Part B: The Federal Government’s Budget. The Federal Government ’ s Budget The government ’ s fiscal year runs from April 1 to March 31. The upcoming.
State Budget Update May Revise May 27, The Budget How the State landed in this position What is the shortfall Governor's Budget Plan Community College.
Michigan Association of Counties Traverse City, September 19 th, 2011.
South Nodaway Long Term Planning Bond Issue Presentation.
FY’10 School Budget Update Town Council Budget Hearing Town Hall Chambers April 13, 2009.
HUSD Budget Update March, HOW DOES HUSD “STACK UP” AMONG DISTRICTS IN ARIZONA Office of the Arizona Auditor General Special Study--Fiscal Year.
1 Budget Committee Budget 05 March 2009.
Estimated Final Budget 12/13 Projected Budget 13/14.
LAO CBO Hot Topics 101: State Budget Outlook Legislative Analyst’s Office CASBO 2012 Annual Conference April 11,
State Funding FONTANA UNIFIED SCHOOL DISTRICT nd Interim Report March 7, 2012.
Who gets the money?. How many budgets did each department or agency propose? What are the differences between these 3 budgets? What are the president’s.
Budget Update February 27, 2012 Kevin McElroy, Vice Chancellor, Business Services Bernata Slater, Budget Director.
School District of Osceola County Overview of Budget & Millages August 6, 2009.
Our goal is to maintain the high academic standards of our district. We are all in this together…
Nevada Taxpayers Association Annual Meeting Nevada Taxpayers Association Annual Meeting Kevin McCarthy ATRA.
Open Budget Meeting Budget and Finance Budget Reduction for FY13 FY 2013 FY 2013 State Appropriations $ 22,799,099 FY 2013 Special Funding Initiative-Nursing.
The Governor’s Proposed State Budget, Ramona Unified School District January 21, 2010.
Arizona Update February 22, Arizona Update #1 276,500 50, Million 48% 35% 210,
Executive Office for Administration and Finance State House Rooms 373 & 272 Boston, MA FY2012 Budget Hearings Slide Presentation For The Executive.
DPS Budget Presentation John Arnold-Director Governor’s Office of Strategic Planning and Budgeting December 15, 2010.
LAO The State Education Budget Legislative Analyst’s Office Presented at: CASBO 2011 Annual Conference April 7, 2011.
Funding 90% of the NHS is funded by general taxation. £300 million is from tobacco tax increases.
What is the Effect of the Governor’s Proposal? In , with the Governor’s proposed reduction, California will be spending approximately $1,400 per.
WE ARE LAUSD BUDGET OVERVIEW OCTOBER 5, 2010.
School Year By Alison Offerman-Celentano and Sharon Hayes.
THE MISSOURI BUDGET AND IMPLICATIONS FOR HIGHER EDUCATION Paul Wagner, Deputy Commissioner.
Public Schools of Petoskey Budget Update and Outlook February 2009.
New Jersey School Boards Association – Serving Local Boards of Education Since 1914 State Budget Overview Presented by: Michael Vrancik NJSBA Director.
Derby Public Schools Budget Request Presented to the Board of Apportionment & Taxation By the Board of Education May 19, 2010.
Governor’s January Budget “Best Case Scenario” Budget Package Entire package assumes voters will approve a $12 billion tax package (measure on June ballot)
Charting a Course: Steering a Nonprofit Through Challenging Times January 21, 2009 Jon Pratt Minnesota Council of Nonprofits.
Superintendent’s Parent Leadership Cadre Budget Overview October 26, 2009.
ENCINITAS UNION SCHOOL DISTRICT BUDGET PRESENTATION April 24, 2012.
State Operation If the state adopts such a severe Deficit Reduction Plan (DRP) that depends deeply on cuts it will have an adverse effect on the state’s.
Oxnard College Campus Budget Forum Presented by: Richard Duran, President John al-Amin, VP Business Services Scott Corbett, President Academic Senate April.
Romeo Community Schools Budget Planning Discussion January 26, 2009.
Octorara Area School District Proposed Final Budget Presentation May 9th.
New Information 1 Governor’s proposed budget Basic Education Funding $200 million increase (Includes Right to Learn funding) Special Education.
The Legislature approved a Constitutional Amendment to be placed on the January 29, 2008 ballot providing for: 1)A $25,000 exemption for tangible personal.
Saving & Investment in National Income Accounts
Department of Education K-12 School Funding
1 in 4 Arizona children live in poverty.
Budget Summary Use of General Fund Balance Total Revenues
I want to thank you for serving on our School Council
Octorara Area School District
President Bush’s Health Plan
Lake Orion Community Schools Board Presentation
Louisiana at the Crossroads
Budget Reduction for FY13
Presentation transcript:

 State budget $3 billion dollar deficit  30% shortfall for upcoming year  Temporary sales tax results in approximately $1 billion saved  Cuts to state agencies only a $375 million savings

 Preschool through University Education = 50% of state expenditure budget  Preschool through High School = 43% of state expenditure budget  By spending all of the Federal Stimulus stabilization funding in , Arizona may be exempt from the Maintenance of Effort requirement in

 Valley district executives expect a 7.5% to 9% decrease in Base Support Level  Possibility of reverting to the funding level, an 11.4% decrease  Possible elimination of State Programs and State Departments, including All- Day Kindergarten  Reduction of over 50 kindergarten teachers plus reduction due to decreased Base Support Level