HSD Budget Advisory Committee

January 14, 2021

HSD Budget Advisory Committee Meeting

1/14/2021

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SRCS Collaborative Meeting Norms

Time: 5:00pm-7:00pm

Location: Google Meets

Phone Numbers (‪US‬)‪+1 260-376-3038‬

PIN: ‪535 617 679#‬

Due to Executive Order N-29-20, and with the shelter in place order to stop the spread of COVID-19, we can no longer offer an in-person meeting location for the community to attend public meetings. The meeting will be recorded and placed on the Business Services website for those unable to attend.

Please use the CHAT ROOM to ask questions during the related agenda item, we will have monitors during the course of the meeting to address your questions. Please refrain from using the CHAT ROOM as an area for side conversations that may detract from the information being discussed.

Future Meeting Dates:

HSD 5:00pm-6:30pm Mar. 10

Board Meetings: Jan. 25, Feb. 8, Feb. 22, Mar. 8, Mar. 22, April 12, April 26, May 11, May 24, June 14, June 21

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SAN RAFAEL CITY SCHOOLS

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Agenda

For

1/14/21

Welcome and Introductions, Norms

Goals for this meeting: Updates, review resources available, follow-up with information requested, discussion and consensus building

• Fed Stimulus Funding and Governor’s Budget Update
• Historical Multi-year Unrestricted
• Enrollment Update (current and projected)
• A Historical look at DO Staffing
• Questions & Comments

Important Documents for Review and Reference:

• HSD Multi-Year Historical Financial Summary 2016-17 through 2020-21
• Unaudited Actuals Presentation
• HSD Unaudited Actuals Board Approved Reports
• District Organizational Charts 2015-2021

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SRCS Collaborative Norms

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• Keep students at the center
• What’s learned here, leaves here
• Be open to new ideas
• Be fully present
• Share airtime
• Honor all voices
• Assume best intentions
• Listen to understand
• Approach the work with an equity lens
• Be respectful

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SAN RAFAEL CITY SCHOOLS

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“Long range planning does not deal with future decisions, but with the future of present decisions”

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• Peter Drucker

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SAN RAFAEL CITY SCHOOLS

Summary of COVID 19 Resources for Districts (Cares Act I)

Federal Stimulus (Cares act II)

• $2.3M in ESD
• $1M in HSD
• One Time Dollars
• Used once
• Cannot solve ongoing issues
• Can create fiscal instability

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Proposed State Learning Loss Package as well!

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SAN RAFAEL CITY SCHOOLS

Governor’s Proposed Budget 21-22

Highlights

• Market has outperformed projections
• COLA = 3.8% = 2.31%(unfunded 20-21)+1.5% (21-22)
• In-person instruction grants offered
• Positives for teacher training and early childhood ed

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Property Taxes > LCFF Funding = Basic Aid Status for HSD

20-21 Property Tax Revenue $29,650,681

LCFF Entitlement Revenue $28,054,314

Excess Property Taxes $ 1,596,367

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SRHSD would be entitled to approximately $28.1 million by 2022-23 under the LCFF. Based on current assumptions and 4.5% annual property tax growth,this amount is $4.2 million less than projected property taxes that year; thus, more than likely SRHSD will remain designated as a “Basic Aid” District in the foreseeable future.

Parcel Tax

ESD ($286.62)

HSD ($195.76)

Notes:

• Parcel Tax expenses reviewed by Parcel Tax Oversight Committee to ensure alignment with ballot measure.
• Committee presents report of approved expenditures annually in May.

Projected STRS & PERS Costs

HSD

16.05%

16.15%

18.1%

Unrestricted General Fund Expenditures

1st Interim 2020-2021

HSD

HSD General Fund Expenditures 2020-21

Notes:

• Reflects General Fund Only (not Cafeteria, Bonds, or Child Development)
• Employee costs comprise approximately 73% of the HSD General Fund Budget

Summary Multi-Year Projection

HSD

Trend of deficit spending can be sustained due to sufficient fund balance in HSD.

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HSD MYP ASSUMPTION NOTES

• Assumes 4.5% increase in 2021-22 and 2022-23 in secured property taxes
• Decrease of other local revenue due to not budgeting local grants and donations until received
• Projections Include step and column movement of 1.5% Certificated and 1.5% Classified
• Projection includes estimated increases in state pension for both PERS & STRS
• Additional contributions primarily relate to the increase of SpEd Non-Public School costs, Step & Column, and pension

Changes Since Adopted Budget

HSD

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• LCFF funding adjusted for projected increase in property taxes
• Local revenue budgets are adjusted to actual donation projections
• Salaries adjusted to projected actuals
• Posted carryover and budgets were increased accordingly within books, supplies and professional services
• Contributions to restricted programs adjusted closer to projected actual costs

Historical and Projected Reserves

HSD

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2020-2021 (as of 1/8/21)

Projected 2021-2022

Key Take-Aways

• SRCS positioned itself well to weather this period of uncertainty
• No salary increases assumed due to ongoing negotiations
• SRFT 1% = $173K, CSEA HSD =$40K
• Enrollment (and ADA) are decreasing going forward for both Districts
• Pension reform continues to escalate in “out years” of MYP
• Economic downturn due to pandemic’s effect on Federal and State budgets not entirely known
• Impact of newcomer enrollment unknown

Questions and Comments

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SAN RAFAEL CITY SCHOOLS