1. Deferrals, Deficits And other Demagoguery of California School Finance

2. Deferrals  ‘12-13 late (“deferred”) payments to school districts from the State:  $7.4 billion or  About $1,240 per ADA

3. Alameda Effect  $225 million will arrive after the end of the budget year on June 30 th.

4. Perspective  The combined total expenditures of Albany, Alameda, Berkeley, Emery, and Piedmont were about $277 million!

5. Deficit Factors .77728  Or 77.728% of the actual revenue limit entitlement

6. Alameda Effect  Oakland Unified  Revenue Limit : $6,711  After Deficit: $5,217  State’s Share (66%): $3,455  After Deferral: $2,444  After Education Protection Account : $1,355

7. Boss to Employee  Boss to Employee:  I know I promised to give you a Cost of Living raise every year – but I can’t afford it. I’ll give you 77 cents on the dollar for now but I’ll make it up to you later. Trust me.

8. Boss to Employee  Boss to Employee: Oh, and I don’t have enough cash to pay you for all twelve months, but I’m good for it. So, I’ll only be paying you through February. You’ll get the rest of it in July or August, okay?

9. Boss to Employee  And did I mention that I don’t expect to get some of my big contracts until late in the year – so I’m going to have to give you December, January and February’s checks in June. But hey, at least it’s still this year, right?

10. And that is the easy part  And this is just the money with no strings attached.  Add to this over 40 programs with unique funding restrictions.

11. Local Control Funding Formula  Eliminate those 40+ categorical programs and let local governing boards set priorities.

12. Equity  Allocate funding according to the same formula to all districts

13. By Grade Span  Based upon grade spans:  K-3: $6,342 per ADA  4-6: $6,437  7-8: $6,628  9-12: $7,680

14. 35% Supplemental Grant  Add a 35% supplemental grant for each unduplicated student count :  English Language Learner OR  Free/Reduced Price Meal Count OR  Foster Children

15. Concentration  If a district has more than 50% such identified students…  Add another supplemental grant for each student above 50%

16. Add-Ons  Add 11.23% to the K-3 grade span for the purposes of Class Size Reduction  Add 2.8% to the 9-12 grade span for the purposes of Career Tech Education

17. Major Programs Outside the LCFF  Special Education  Home-to-School Transportation  Targeted Instructional Improvement Grant  Child Nutrition

18. Flexibility and Accountability  Local Control and Accountability Plan  14-15  Template to be adopted by the State Board of Education

19. Alameda Effect at Full Implementation  Department of Finance:  Alameda (38%) $9,379  Albany (27%) $8,926  Berkeley (40%) $9,932  Emery (85%) $11,456  Oakland (70%) $10,951  Piedmont (1%) $8,237

20. More of Alameda County  Castro V (18%) $8,712  Dublin (12%) $8,443  Fremont (22%) $8,896  Hayward (76%) $10,911  Livermore (26%) $9,030  New Haven (52%) $9,741  Newark (54%) $9,896

21. More of Alameda County  Pleasanton (8%) $8,451  S Leandro (71%) $10,694  S Lorenzo (62%) $10,304  Sunol Glen (10%) $8,273

22. Thank you!  Thank you!