Trustees of the Manteca Unified School District approved the outline Tuesday of next year’s financial plan.
The dollar amount is pending based on the passing of a state budget, according to Superintendent Jason Messer.
“This budget is moving a lot,” he said. “There’s a ridiculous amount of money being transferred from one account to another (as recommended by the state Department of Education in Sacramento).”
Thus far, Messer is estimating between $5 million and $10 million in declining revenue.
The reason for that could include the projected Cost of Living Adjustment for education at minus-39 percent, equaling a decrease of $25 per Average Daily Attendance.
The state is also imposing a deficit of 18.355 percent coupled with a per ADA reduction totaling about $5.4 million.
The district is assuming a slight decline in enrollment.
The budget is based on ADA consisting of 22,053 students, in turn, generating projected revenues of $150,222,535 and expenditures of $150,497,814.
“Revenues and expenditures are close (in figures) thanks to cuts the board made last year,” Messer noted.
MUSD Business Services recommended that the board approve the proposed budget outline and to wait it out until the 45-day revise. By then, the books for the 2009-2010 school year will be closed, allowing for the board to make any additional changes, if necessary, to the budget.
“We have deficit-spent for many years but we can afford do so because of carry-over money from previous years,” Messer added.
The district is expected to find some savings as a result of trimming class size reduction and stretching one-time funds such as federal stimulus money to cover two years, noted Messer.
Meanwhile, about 123 instructors including 68 full-time employees received their pink slip notices back in March.
However, many of those could be rescinded thanks to the recently ratified Manteca Educators Association’s no-layoff clause.
The dollar amount is pending based on the passing of a state budget, according to Superintendent Jason Messer.
“This budget is moving a lot,” he said. “There’s a ridiculous amount of money being transferred from one account to another (as recommended by the state Department of Education in Sacramento).”
Thus far, Messer is estimating between $5 million and $10 million in declining revenue.
The reason for that could include the projected Cost of Living Adjustment for education at minus-39 percent, equaling a decrease of $25 per Average Daily Attendance.
The state is also imposing a deficit of 18.355 percent coupled with a per ADA reduction totaling about $5.4 million.
The district is assuming a slight decline in enrollment.
The budget is based on ADA consisting of 22,053 students, in turn, generating projected revenues of $150,222,535 and expenditures of $150,497,814.
“Revenues and expenditures are close (in figures) thanks to cuts the board made last year,” Messer noted.
MUSD Business Services recommended that the board approve the proposed budget outline and to wait it out until the 45-day revise. By then, the books for the 2009-2010 school year will be closed, allowing for the board to make any additional changes, if necessary, to the budget.
“We have deficit-spent for many years but we can afford do so because of carry-over money from previous years,” Messer added.
The district is expected to find some savings as a result of trimming class size reduction and stretching one-time funds such as federal stimulus money to cover two years, noted Messer.
Meanwhile, about 123 instructors including 68 full-time employees received their pink slip notices back in March.
However, many of those could be rescinded thanks to the recently ratified Manteca Educators Association’s no-layoff clause.
