Budget and Legislation Impacts on CA Charter Schools

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Copyright © 2013 Charter School Capital, Inc. Budget Impacts on CA Charter Schools September 24, 2013

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Transcript of Budget and Legislation Impacts on CA Charter Schools

Page 1: Budget and Legislation Impacts on CA Charter Schools

Copyright © 2013 Charter School Capital, Inc.

Budget Impacts on CA Charter Schools

September 24, 2013

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2Copyright © 2013 Charter School Capital, Inc.

WELCOME

• Panelists– Chas Cardall, Orrick, Herrington & Sutcliffe– Branche Jones, Legislative Consultant– John Helgeson, Charter School Capital

Who we are

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WELCOME

• Overview and legislative update• Budget process and impacts - new and important!

– Funding - Local Control Federal Funding (LCFF)– Cash flow– Accountability

• An updated look ahead

Agenda

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Overview and Legislative Update

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STATE OF THE STATE

• FY 2013-2014 Budget uses conservative revenue estimates• Payoff of “hidden debt” is an important goal• Education Protection Account and overall education funding• SB740 and CDE Revolving Loan Program shifting to CSFA• New Bills AB913 and AB484 will alter

– Charter school conversions– Standardized testing in the state

• Additional updates

Overview and legislative update

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Funding

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FUNDING

• Phases of the plan– Legislative– Regulatory– Build-up– Full implementation

• Political Landscape– How we got here

oAdditional education fundsoWhat did people get?

– Collective: Accountability– Cap charter school funding

– Why the Governor believes so strongly?

A Brief Overview - Local Control Funding Formula

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FUNDING

• Base grant funding – Certified rate card per pupil– Everyone gets this– This year

• Supplemental grant– 20% of Base Grant (counts only once)

oEnglish learneroF&RLoFoster care

Local Control Funding Formula

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FUNDING

• Concentration grant– 50% of Base Grant for each pupil over 55% of the student categories that

qualify for Supplemental Grant– Capped at % of the district your in, and not necessarily your authorizer

• Augmentation– Class size reduction for K-3

oMust be 24:1 or less by full implementationoGradual reduction during phase In (10.4% of Base in K-3/ADA)

– Grades 9-12oMust be spent on 9-12oCollege and career readiness as described in your LC Accountability Plan

What does it mean?

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FUNDING: BASE GRANT

What You Received Last Year = LCFF Base Grant

K-3

General Purpose Base Grant $4,500

In Lieu $609

Categorical Block Grant $412

Economic Impact Aid $310

FY ‘14 LCFF Base Grant $5,831

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FUNDING

Base Grant Progression

K-3

Base Grant Fiscal ‘13 – ‘14 $5,831

Fiscal ‘14 – ’15 $5,953

Fiscal ’15 – ‘16 $6,074

Fiscal ‘16 – ‘17 $6,196

Fiscal ‘17 – ’18 $6,318

Fiscal ‘18 – ‘19 $6,439

Fiscal ‘19 – ‘20 $6,561

Fiscal ‘20 – ’21 $6,683

Target Base Grant $6,845

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FUNDING - LCFF

FY ‘13 FY ‘14

ADA 100 100

K-3 100 100

School Q# 60 60

District % 60% 60%

CG Qual: 5 5

K-3 “Base” $5,109 $5,831

Revenue $510,900 $583,100

Supplemental Grant / CG FY ‘13 FY ‘14

Q Pupils 80 60

20% of Rate $816 $1,166

Revenue $65,280 $69,960

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FUNDING - LCFF

Concentration Grant FY ‘13 FY ‘14

Q Pupils - 5

50% of Rate $- $1,458

Revenue $- $7,290

K-3 Augmentation FY ‘13 FY ‘14

K-3 ADA 100 100

Rate $1071 $606

Revenue $107,100 $60,600

Total Revenue FY ‘13 FY ‘14

LCFF $- $137,850

Q: EL/F&RL/FY $683,280 $720,950

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FUNDING

Prop 30 - Effect of the EPA on GPE Calculation

GPBG

In-Lieu

GPBG

In-Lieu

EPA

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FUNDINGP

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Fiscal Year 2013 - 2014

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Budget Impacts

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• LCFF implementation $2.1B• Common Core funding and implementation $1.25B

– $250M one time competitive grants (SBE)• Deferral Buy-down $4.25B• Additional education funding

What are additional impacts?

BUDGET IMPACTS

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Accountability

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• Collaborative– What is it? How does it work?

• Petition requirements– Due July 1, 2014– Academic achievement goals for all students and each subgroup of

students– Annual update by July 1 beginning in 2015– Includes identification of specific actions to meet these goals using a

SBE template• Consulting requirements

– Consult with teachers, principals, other staff, parents, and students in the annual update

CA Collaborative for Educational Excellence

ACCOUNTABILITY

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ACCOUNTABILITY

• Revocation– SBE may revoke any charter if the school failed to improve pupil

outcomes across state and local priorities• Interventions if a charter fails to improve outcomes

– Chartering authority shall provide technical assistance to the school, using the rubric created by the SBE

– SPI may assign, at the request of the chartering authority and approval of the State Board, the Collaborative to provide technical assistance

CA Collaborative for Educational Excellence

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ACCOUNTABILITY

• Authorizer is required to consider revocation if the Collaborative has provided advice/assistance and has made either of following findings:

– The charter school has failed/is unable to implement recommendations– Performance of the school is persistently or acutely inadequate

• A charter school is not allowed to appeal a revocation under new law

CA Collaborative for Educational Excellence

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What Can You Do?

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WHAT CAN YOU DO?

• We will continue to track the impact of LCFF • Get involved - SBE takes up the regulatory step for the accountability rules • Be careful - actual and projected rates are different• If you have questions…ask us – we’re here to help!

Plan

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Questions?

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Thank You.

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877-272-1001

John Helgeson

[email protected]