Source of Funding for Proposed Agreement. 1. Current Year The District will use its reserves to fund this salary enhancement.
Source of Funding for Proposed Agreement. 1. Current Year ~ Include an itemized list, per GC 3547.5 (b), of any budget revisions necessary to meet the costs of the agreement in the current year. Itemized list should be clearly referenced to the amounts disclosed in column 2 of Section H pages 5a-g.
Source of Funding for Proposed Agreement. 1 Current Year The general fund and the child development fund will absorb the impact of the 4% on-schedule raise as well as the step in column in the future years. The district will utilize restricted federal CARES Act funding such as the Elementary and Secondary School Emergency Relief (XXXXX) and Learning Loss Mitigation Funds (LLM) for the one time off-schedule payment of $2,500.
2 How will the ongoing cost of the proposed agreement be funded infuture years? The General Fund will cover the costs in future years. Staffing will be monitored and adjusted as necessary based on declining enrollment.
3 If multi-year agreement, what is the source of funding, including assumptions used, to fund these obligationsin future years? (Remember to include compounding effects in meeting obligations) The agreement is only for the 2023 fiscal year, spanning July 1, 2022 through June 30, 2023.
Source of Funding for Proposed Agreement. 1. Current Year For current year (FY 19-20), the agreement increase will be covered by LCFF revenues for District staff, and by increased local revenues for Special Education staff.
2. If this is a single year agreement, how will the ongoing cost of the proposed agreement be funded in subsequent years? This is a two-year agreement.
3. If this is a multiyear agreement, what is the source of funding, including assumptions used, to fund these obligations in subsequent years? (Remember to include compounding effects in meeting obligations.) For District staff, the ongoing costs will be covered by LCFF revenues, as well as attrition of newly vacated positions, with shortfalls due to the Govenor's proposed revenue decreases covered by reserves. Should the revenue situation not improve in FY 21-22, the District will enact cuts in order to balance the budget and maintain minimum reserves. In all years, increased costs for the Special Education Consortium will be covered by increased local revenues (billed to participating districts).. Buellton Education Association Object Code Column 1 Column 2 Column 3 Column 4 REVENUES LCFF Revenue 8010-8099 $ 6,135,041 $ - $ 6,135,041 Federal Revenue 8100-8299 $ 8,567 $ - $ 8,567 Other State Revenue 8300-8599 $ 227,595 $ - $ 227,595 Other Local Revenue 8600-8799 $ 307,881 $ - $ 307,881 TOTAL REVENUES $ 6,679,084 $ - $ 6,679,084 EXPENDITURES Certificated Salaries 1000-1999 $ 2,465,507 $ 41,783 $ 2,507,290 Classified Salaries 2000-2999 $ 738,969 $ 16,279 $ 755,248 Employee Benefits 3000-3999 $ 1,026,432 $ 31,552 $ 1,057,984 Books and Supplies 4000-4999 $ 216,806 $ - $ 216,806 Services, Other Operating Expenses 5000-5999 $ 554,055 $ - $ 554,055 Capital Outlay 6000-6999 $ 12,694 $ - $ 12,694 Other Outgo 7100-7299 7400-7499 $ - $ - $ - Indirect/Direct Support Costs 7300-7399 $ (2,226) $ - $ (2,226) TOTAL EXPENDITURES $ 5,012,237 $ 89,614 $ - $ 5,101,851 OTHER FINANCING SOURCES/USES Transfers In and Other Sources 8900-8979 $ 182,407 $ - $ - $ 182,407 Transfers Out and Other Uses 7600-7699 $ 1,166,428 $ 18,306 $ - $ 1,184,734 Contributions 8980-8999 $ (444,353) $ - $ - $ (444,353) OPERATING SURPLUS (DEFICIT)* $ 238,473 $ (107,920) $ - $ 130,553 BEGINNING FUND BALANCE 9791 $ 1,025,166 $ 1,025,166 Prior-Year Adjustments/Restatements 9793/9795 $ - $ - ENDING FUND BALANCE $ 1,263,639 $ (107,920) $ - $ 1,155,719 COMPONENTS OF ENDING BALANCE: Nonspendable Amounts 9711-9719 $ 2,500 $ - $ - $ 2,500 Restricted Amounts 9740 Committed Amounts 97...
Source of Funding for Proposed Agreement. 1. Current Year For the 9% on schedule increase, the funding utilized is tied to the current funding for each category of employees. Example: Title I will fund the increase for current Title I employees; LCFF will fund the increase for current LCFF employees.
2. If this is a single year agreement, how will the ongoing cost of the proposed agreement be funded in subsequent years? The District has made a concientious effort to right-size staffing as we continue to experience declining enrollment. The District will continue to utilize our projected revenues to fund the ongoing cost of this agreement.
3. If this is a multiyear agreement, what is the source of funding, including assumptions used, to fund these obligations in subsequent years? (Remember to include compounding effects in meeting obligations.) This is a single year agreement, there are no other planned increases at this time. Name of School District: Name of Bargaining Unit: Certificated, Classified, Other: Hawthorne School District Hawthorne Federation of Classified Employees Local 6041 Classified The proposed agreement covers the period beginning: The Governing Board will act upon this agreement on: July 1, 2022 and ending: June 30, 2023 (date) (date) May 10, 2023 (date)
Source of Funding for Proposed Agreement. 1. Current Year Fund 01, Fund 13 and Fund 63.
2. If this is a single year agreement, how will the ongoing cost of the proposed agreement be funded in subsequent years? This is an ongoing salary increase, retroactive to July 1, 2013.
3. If this is a multiyear agreement, what is the source of funding, including assumptions used, to fund these obligations in subsequent years? (Remember to include compounding effects in meeting obligations.)
Source of Funding for Proposed Agreement. 1. Current Year Fund 01, Fund 13 and Fund 63.
2. If this is a single year agreement, how will the ongoing cost of the proposed agreement be funded in subsequent years? This is an ongoing salary increase, retroactive to July 1, 2013.
3. If this is a multiyear agreement, what is the source of funding, including assumptions used, to fund these obligations in subsequent years? (Remember to include compounding effects in meeting obligations.) Funds 01, 13 and 63 are the ongoing sources of funding. It is anticipated that as the district's target LCFF funding base is reached, additional funds will be available to sustain this salary increase over time. In the current year, the budget reserve will be sufficient to meet any fiscal obligations incurred as a result of this salary increase.
Source of Funding for Proposed Agreement. 1. Current Year Fund 01, Fund 13 and Fund 63.
2. If this is a single year agreement, how will the ongoing cost of the proposed agreement be funded in subsequent years? This is an ongoing salary increase, retroactive to July 1, 2013.
3. If this is a multiyear agreement, what is the source of funding, including assumptions used, to fund these obligations in subsequent years? (Remember to include compounding effects in meeting obligations.) Manhattan Beach Unified School District California School Employees Association
Source of Funding for Proposed Agreement. 1. Current Year General Fund - majority from property tax, minor funding sources AB602 and Title I
2. How will the ongoing cost of the proposed agreement be funded in future years? General Fund - majority from property tax, minor funding sources AB602 and Title I
3. If mulit-year agreement, what is the source of funding, including assumptions used, to fund these obligations in future years? (Remember to include compounding effects in meeting obligations) Majority of funding to come from property tax, with an MYP of 4% growth.
Source of Funding for Proposed Agreement. 1. Current Year General Fund Unappropriated Balances
2. If this is a single year agreement, how will the ongoing cost of the proposed agreement be funded in subsequent years? LCFF funding and any COLAs given by the state. Additionally the district will review its staffing structure to ensure the district is meeting the needs of its students and programs offered.
3. If this is a multiyear agreement, what is the source of funding, including assumptions used, to fund these obligations in subsequent years? (Remember to include compounding effects in meeting obligations.) N/A Name of School District: Name of Bargaining Unit: Certificated, Classified, Other: Acton Agua Dulce Unified School District CSEA Classified The proposed agreement covers the period beginning: The Governing Board will act upon this agreement on: July 1, 2023 and ending: June 30, 2024 (date) (date) May 23, 2024
