Minutes 09-23-2010 - Laserfiche WebLink

Browse Search

*Based on Day 20 Head Count Fixed Expenses* Continue to Increase for Both School Districts While the PPA Has Decreased District 2009-10 2010-11 Total OCS $406,542 $512,954 $919,496 CHCCS $929,769 $798,472 $1,728,241 * Primarily Includes Health Insurance, Retirement Contributions and Utilities Capital Appropriations are Decreasing OCS CHCCS Public School Building Fund Lost in 2009-10 Reduction in Lottery Distributions $309 K $427 K CIP Transfer to Operating Budget $654 K $1.1 M Total $963 K $1.527M Governor Has Asked State Agencies to Simulate Cuts of 5, 10, or 15% OCS CHCCS 5% $1.8 Million $2.8 Million 10% $3.6 Million $5.7 Million 15% $5.4 Million $8.5 Million The 2011-12 Potential State and Federal Funding Gap OCS $7.9 Million CHCCS $13.6 Million *Loss of federal funds and no restoration of state reductions *Based on 10% State Cuts for FY 2010-11 Edu Jobs— One Time Funding OCS $1.5 Million (28 Teaching Positions) CHCCS $2.3Million (42 Teaching Positions) Race to the Top Funding •Quality standards and assessments •Turning around low performing schools •Great teachers and principals •Data systems Neil Pedersen explained the Edu Jobs bill, which gave $10 million to states to try and avoid massive layoffs. Orange County was in a pretty good position with regards to positions and the money came about a week or two within the start of school. The districts have two years to spend the funds. The total amount is available now. He said that, politically, there is a dilemma. The funds are needed, but they do not want to wastefully spend the funds this year since they may need them more during next year's budget cycle. Both systems intend to hold on to most of the money for next year's budget. OCS is going to hold the federal money until