Budget Cuts & Solutions
The Education Funding Problem
- MVUSD has suffered a combined loss of $139 million in revenue limit funding since 2008/09.
- Base funding per student has dropped from $5,967 to $5,362 in 12/13.
- MVUSD has utilized approximately $34.0M in one-time revenues and reserves
- MVUSD has also made cuts and adjustments of approximately <$105.0M> during this time period
Our Objectives
- Maintain a quality educational program
- Maintain employment of staff members, knowing that the quality of our staff contributes to the quality of our educational program
Passage of Prop 30 brings some relief
The voters approval of Proposition 30 will more than likely bring some relief to cash-strapped districts throughout the state. In MVUSD, while the district still faces a budget deficit for the 2013-2014 budget year, passage of Prop 30 will likely eliminate the need for furlough days that were planned for the remainder of the school year. District administrators say the amount of next year's deficit won't be known until after the Governor releases his budget proposal in January.
State Superintendent of Public Instruction Tom Torlakson issued a statement saying, "Passage of Proposition 30 means parents and students across the state can breathe a collective sigh of relief, knowing that our schools will have the resources to stay open for the remainder of the year. My heartfelt thanks to the Governor and the volunteer army of parents, teachers, school employees, administrators, and school board members, who stood together to stop further devastating cuts to education. The people of California have given our schools a well-earned vote of confidence. We intend to make the most of it by continuing our work to give all children the world-class education they deserve.”
Board Workshops address potential cuts
On October 11, 2012, the district held the third in a series of Budget Workshops for the purpose of informing Board Trustees and the public about the state of the district's finances and the projected deficit for 2013/14. The district's 2012/13
adopted budget projects revenue of $142.5 million and expenditures of $150.3 million with deficit spending of ($7,896,821)
In addition to all the budget cuts and solutions that have been employed over the past five years, Board Trustees discussed the major areas that would have needed to be considered next year pending the outcome of Proposition 30 and Proposition 38. If Prop 30 had not been passed by the voters, the district would have faced mid-year cuts of $451 per student, or $10 million on top of a projected $11 million deficit - a potential $21 million deficit for 2013/14.
Budget Solutions for 2012/13
$ 3.3 million - Supplemental Early Retirement Program
$ 2.2 million - Class Size Flexibility
$ 1 million - Savings from Solar Energy
$ 11.6 million -9.66% pay reduction for all employees
$ 400,000 -Reductions to child care encroachment
$ 200,000 -Miscellaneous reductions
Budget Solutions for 2011/12
$ 3.4 million -Supplemental Early Retirement Program
$ 1.9 million -Releasing temporary/substitute employees
$ 7.6 million -Spending down reserves
$ .5 million -Ed Services Reductions
$ .3 million -Autism Program Savings
$ .1 million -Reduction of Athletic Stipends
$ 635,000 -Use of one-time restricted Medi-Cal LEA billing option
Budget Solutions for 2010/11
Zero-based budgeting for school site and department discretionary budgets
Various cost-cutting measures and restrictions on spending
Use of one-time reserves
Use of $ 635,000 of deferred maintenance reserves
Utilized flexibility in use of previously restricted state funds (categorical funds)
Utilized federal stimulus money from ARRA - State fiscal stabilization funds
Staffing adjustments and transfers
Unfilled positions due to retirements and attrition
Budget Solutions for 2009/10
50% reductions to school site and department discretionary budgets
Use of one-time reserves
Utilized $2.4 million of restricted balances (categorical dollars)
Utilized $1 million from Deferred Maintenance
Reduction of approximately $2 million in lottery expenditures
Implemented various cost-cutting measures and restrictions on spending
Provided more efficient in-house programs for special education students
SERP - Early Retirement Program savings
Utilized Professional Development Block Grant
Reduced contribution to Restricted Maintenance Account
Staffing adjustments and transfers
Unfilled positions due to retirements and attrition
