CWC BUDGET UPDATE MAY 11 TH, 2011

State Budget Situation Initial projections in January were: $19/student if Governor Brown’s budget proposal passed, $350/student if Governor Brown’s proposal didn’t pass Now experts are projecting: $650-$1,000 per student is unfortunately the latest projection for cuts for next year (based on proposal to suspend prop 98 guarantee) Mixed news - some predict greater cuts yet there was $2b recently announced in unanticipated revenue Based on recent trends it’s likely there won’t be a state budget adopted until late summer and that there will be a lot of accounting gimics to balance it.

What are surrounding districts and schools doing?  School closures  Layoffs  Furloughs  Large increases in class size  Cuts to support staff

CWC’s Budget Development Process Values/priorities gathered during strategic planning work Budget workgroup formed to gather ideas to close gap Meeting with ExED to update draft budget Update and briefing to stakeholders (will continue to do this via s and meetings) Preliminary draft to LAUSD Friday, 5/13, to board Saturday 5/14, for adoption either 5/26 or 6/16

Caveats/Disclaimers  Uncertainty of state budget (Projected cuts have ranged from $19/student to $350/student to $650+/student – won’t be clear until late summer)  Funding from Mark Gordon ($200k in budget now which is significantly more than the worst case scenario cuts from the state) – all bets are off without funding from Mark

Assumptions  21 students per class school wide for a total enrollment of 189 (instead of 180) students  Mark Gordon continues to fund CWC (not yet confirmed for next year)  We get our facilities negotiated down to a reasonable rate  The state doesn’t cut more than $650/student

Good News  No elimination of enrichments or teaching assistants  No huge increases in class size  No elimination of supplies or programs  No layoffs  No furloughs

Challenge  Our funding is projected to be cut by 10% ($650 on $6500)  Despite cuts we need to fund our top priorities:  Recruitment of a diverse class  English Learner instruction (and all supports needed to eliminate any gaps)  Equity and inclusiveness (ASP, translation, childcare, etc.)  Draft budget is balanced primarily through:  Cuts to operating expenses ($35k – legal, rent, etc.)  Increases to fundraising ($50 more per student)  Increase of 1 student/class or 9 school wide (9X$6500)  Increase of cost for ASP and Lunch ($5 to $7.50/day and $3.75 to $4.00/day)  Reduced compensation (from initial projections of 3% to 1%)

Ideas/Questions/Comments