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MDUSD Budget Advisory Committee to hear about May revise tonight

By Theresa Harrington
Thursday, May 24th, 2012 at 1:32 pm in Education.

Here is the agenda for tonight’s Mt. Diablo school district Budget Advisory Committee meeting:

“Budget Advisory Committee (BAC)
AGENDA

May 24, 2012
Board Room
5:00 p.m. to 6:00 p.m.

I. Welcome

II. Update on May Revise

Presented by:
Bryan Richards
Chief Financial Officer

Next Meeting: June date TBD”

Although Trustee Gary Eberhart has said he wants the BAC to become more active in advising the board, this agenda does not include public comment, questions or discussion.

Do you think public comment, questions and discussion should be allowed at this meeting?

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  • g

    I believe the Budget “Advisory” Committee is expected to do NO “advising”, and therefore the Superintendent doesn’t see it as needing to adhere to any rules or regulations. It is little more than a sounding board, used only as a practice session to see if the current presentation will fly, and make a few die-hard committee types happy to feel that they are the “insiders”.

  • g

    Speaking of budgeting. Still no new public offering of Measure C bonds. Did that low interest train already leave the station? Was that apparent capitulation by the district to the community’s request just another ruse? Or are bonds being held up for some specific reason?

  • Theresa Harrington

    I wonder if the district’s “qualified” budget certification makes the bonds less appealing to investors.

  • Doctor J

    Multiple Brown Act violations here — no 72 hour posting of the Agenda, no public comment. Why does our School District teach the children such disrespect for the law ?

  • Doctor J

    Has the disputed Resolution even been signed ?

  • g

    It really shouldn’t. As I understand it, whether the district has money or not, whether the State takes over or not, the taxpayers are the ones footing the ad valorem obligation on bonds. If houses sit empty and don’t pay their taxes, they will just raise the rate on the rest of us to cover the bill.

  • g

    Also, while people may pay attention to credit ratings when considering investment, this is a large district with a good rating that could go down a notch or two and still be fairly good.

  • http://www.k12reboot.com Jim

    G: Yes, I noticed that on March 1 Moody’s gave the 2002 Series B-2 bonds an Aa3 rating, which is investment grade for the $43 million tranche that was in the pipeline to be sold later that month. They do note, however, that the rating could be reduced by: 1) a decline in the District’s assessed valuations (what? property values declining?!?); or 2) a significant deterioration in District reserves.

    http://www.bondsonline.com/print/Todays_Market/Credit_Rating_News_.php?DA=view&RID=23500

    So a credit decline could increase the interest rate paid on future bond sales (and the property taxes needed to service the debt), but as far as bond investors getting their money back, the property owners will remain on the hook no matter what. In fact, we could all find ourselves paying on the bonds long after the district dinosaur itself is gone!

  • Doctor J

    @Jim: Deterioration in district reserves ? With the Supt’s public pronouncement in the Board meeting that the District is now “Deficit Spending” $12 million a year, the reserves will be below statutory minimums very soon, especially if the CVCHS students are not counted in the District population with granting of the waiver now pending before the State Board of Education. How will investors feel when Lawrence presses the SBE to create a Constitutional Crisis by pitting the SBE against the Controller ?

  • Theresa Harrington

    The state Dept. of Finance has released district-by-district budget details regarding the weighted student formula: http://www.siacabinetreport.com/admin/uploads/articleresources/5242012841183397.pdf

  • Doctor J

    Hey Steve, the Unified rate is looking pretty good, eh ? All your bellyaching got you a worst scenario. The declining enrollment is killing the cash cow. You can’t keep robbing from Secondary to pay the high price of Elementary, when Elementary is funded lower. This is not going to help your waiver argument in July — are you going to be there, right in the middle of your 25 paid days of vacation ?

  • Theresa Harrington
  • Flippin Tired

    More money for teachers. Secretaries and Special Ed assistants still have less hours and more work, with more cuts to come.

    Okay. Good to know where we stand.

    Let slip the dogs of war.

  • Doctor J

    #12 BIG5 negotiate themselves a 3% Bonus on TOP of their contract extensions with automatic pay increases and step increases — all translating to bigger pension benefits! Also hidden contract increases for Dent Center and Site Administrators based on “certificated” hourly increases. Its not just a MDEA contract — it dominoes all across ALL certificated employees. Its typical government bailout mentality — run it to the brink of bankruptcy and expect the taxpayers to bailout the districts through new taxes.

  • Doctor J
  • Theresa Harrington

    Unlike MDUSD, the Contra Costa County Board of Education annually reviews its “Vision and Values” and the Board’s “Mission and Goals,” then develops board mission and goals for the upcoming year. The county board will do this at 4 p.m. today:
    http://www.cccoe.k12.ca.us/supe/12mtgs/Bdworkshop_goals_120529.pdf.

    Here is the county board’s 2011-12 vision, values and mission:

    Vision: “Education empowers tomorrow’s global citizens.”

    Values: “Respect. Integrity. Diversity. Teamwork. Ethical leadership. Creativity/innovation. Advocacy for all learners.”

    Mission: “The mission of the Contra Costa County Board of Education is to work with the County Superintendent of Schools to provide leadership, service, and support to the districts and all students of Contra Costa County through teamwork, communication, integrity, creativity, expertise, advocacy for all learners, and ethical leadership.”

    Here is the County Office of Education’s 2011-14 strategic plan: http://www.cccoe.k12.ca.us/supe/strategicplan.html

  • Theresa Harrington

    Here’s a look at how Tri-Valley districts are preparing budgets, in light of the May revise: http://bit.ly/JNYS9b

  • Anon

    Theresa, are you at the special Ed meeting tonight?

  • Theresa Harrington

    Yes, the presentations have ended, but individual questions are being taken. Powerpoint will be posted on CAC website at mtdiablosped.blogspot.com, along with questions and answers.
    BIG turnout!
    I shot some video and will upload to http://www.qik.com/tharrington as well as to my YouTube.com/tunedtotheresa account.
    One parent is complaining that Patton used too many acronyms that he didn’t understand.

  • Anon

    That is the bigget problem. Most don’t understand what they are actually talking about. Are there huge changes in store of was this just a pre meeting to what could be coming?

  • Theresa Harrington

    Both. There are huge changes in store for a lot of parents whose children will be moved to different schools. However, there were no answers regarding transportation and the FCMAT study, since those recommendations are still in the works.
    The biggest changes were that elementary schools will only have three special ed programs, since vice principals have been eliminated. Also, there are more autism programs and the middle school programs are changing. In addition, autism programs will only span two grades instead of four.
    I’ll do a separate blog post tomorrow.

  • Doctor J

    Its all about saving money, NOT where children come first.

  • Anon

    Un fricken believable!!!

  • MDUSD Board Watcher

    The people running this district are Morons.

    Vote NO ON EBERHART and WHIMARSH!

  • Doctor J

    Eberhart, Whitmarsh, Mayo and Dennler: 23% Pay cuts: “The California Citizens Compensation Commission cut the pay of lawmakers and the governor by 5 percent Thursday, on top of the 18 percent pay cut they received in 2009.” Get the message: Read the memo: Reverse the BIG5 contract extensions, cut their pay 23%, and eliminate the Board FULL FAMILY medical, dental, and vision coverage !

  • Seriously…

    I feel for parents with Special Ed children. It may be in their best interest to move to another school district.