Minutes 04-26-2011 - Laserfiche WebLink

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Budget Summary .Combination of cost increases and revenue decreases have required us to make significant reductions over the past two years ^We have built up our fund balance to help buffer the funding cliff, but can't cover it all ^We face devastating cuts at the state level .Board requests the same dollar appropriation as this year (a $31 per pupil increase), otherwise an additional $359,136 must be cut .Board Requests a $.01 increase in the Special District Tax, if necessary Recurring Capital Budget 2011-12 Recurring Budget Projected at the Current 2010-11 Amount $1, 861, 467 CIP Funding History Pay-as-You-Go Lottery Funds 10 Yr Total Reduction .2008-18 39,451,994 12,304,854 51,756,848 .2009-19 .2010-20 33, 023, 429 14, 898, 408 29,418,298 12,397,617 47,921,837 ( 3,835,011) .2011-21 41,815,915 ( 6,105,922) 17,625,836 9,383,630 27,009,466 (14,806,449) .Concerns about the long term availability of Lottery Funds Elementary #11 ^SAPFO projects need for additional elementary school in 2013-14 .Deconstruction needs to begin in the Fall 2011 .Requesting a $20,563,117 funding authorization to complete the project CHCCS Chair Jamezetta Bedford said that they support the '/4-cent sales tax proposed. She said that they are truly asking them for their continued support just to maintain the current budget. Steve Halkiotis said that his comments are his only. He said that, based on a quarter of a century of watching educational funding in Orange County, he can speak with some knowledge. He is proud of the efforts that were made in Orange County 25 years ago. He knows the challenges that everyone is facing. He said that there is only one Orange County and people chose to live in Orange County. He said that they need to fight for the children in Orange County. He said that the population of impoverished children is growing in the County. He said that every school needs to have a nurse and he wants to fight for this. He said that prisoners are fed better than school children. He commended the Manager for the abstract because it was very inclusive, until he got to the last page. The last paragraph talks about a note of caution that, "new anticipated school debt service for the CHCCS Elementary School #11 expected in a few years will substantially increase the County funding allocation to education. This increase in debt service could negatively impact available funding for current expense and operations once the debt is incurred." He said that there are some old schools that need attention too. He said that the