Officers of the Board shall include President, Vice President and Clerk.

The office of President and Clerk shall be filled by nomination and require a majority vote of the members of the Board. (Education Code 35022, 35143)

To maximize Board effectiveness, it is the practice of the Governing Board that the Office of President, Vice President and Clerk shall be filled by bi-annual rotation (i.e., Clerk to Vice President; Vice President to President) dependent upon Board approval.

Any Board member may decline to hold a particular office.  The vacancy will then be filled by nomination and require a majority vote of the members of the Board.

 In the event a change occurs in the membership of the board, because of board elections, resignations, etc., then elections for the vacant offices will be by nomination and require a majority vote of the members of the board.

 Board Bylaw 9100

Subcommittee assignments for 2016:

Budget                              Gemetti, Snyder

Common Core                  Gemetti, Tiffany-Morales

Facilities & Technology     Nguyen, Tiffany-Morales 

Intergovernmental             Cohen, Gemetti

Policy:                               Nguyen, Tiffany-Morales

Special Programs             Cohen, Snyder

Staffing                             Cohen, Gemetti

STEAM                             Snyder, Nguyen

With Board approval, the District will make the following inter-fund transfers:

•  $4,500,000 from General Fund  (Fund 010) to Debt Service Fund (Fund 560) for debt payments on the new solar project

• $2,000,000 from General Fund  (Fund 010) to Building Fund (Fund 210) for an emergency repair reserve account
• $1,900,000 from General Fund  (Fund 010) to Building Fund (Fund 210) for part funding of the Rosemary Phase 1 project
• $900,000 from General Fund  (Fund 010) to Building Fund (Fund 210) for the Campbell Middle School Restroom Project
• $200,000 from General Fund  (Fund 010) to Building Fund (Fund 210) to pay-off the remaining balance for the Forest Hill CampbellCare Room
• $400,000 from General Fund  (Fund 010) to Building Fund (Fund 210) for the Deferred Maintenance account
• $200,000 from General Fund  (Fund 010) to Building Fund (Fund 210) for the repairs at leased school sites
• $260,000 from Extensions Fund (Fund 120) to General/Categorical Fund (Fund 010/060) for the Superintendents Discretionary and After School Sports
• $350,000 from General Fund (Categorical) (Fund 060) to Building Fund (Fund 210) to move the Prop 39 Solar Funds
• $1,600,000 from Developer Fee Fund  (Fund 250) to Building Fund (Fund 210) for the Sherman Oaks classrooms
• $1,000,000 from Extensions Fund  (Fund 120) to Building Fund (Fund 210) for the Sherman Oaks CampbellCare and Preschool

• $400,000 from Developer Fee Fund  (Fund 250) to Building Fund (Fund 210) for the Blackford library to classroom conversion
  

The total amount that will be transferred is $13,710,000.

Campbell Union School District has numerous indoor facilities and general athletic fields available for use by the public groups for a use fee.   In order to offset utilities, custodian, and supplies, the District would like to upgrade the rates for the 2016-17 school year.

Campbell Union School District provides transportation services for students travelling to and from school during regular school days and transportation for field trips for our schools and for outside agencies.  In order to offset salary and fuel costs, the District would like to upgrade the rates for the 2016-17 school year.

Under Public Contract Code 20118, school districts are allowed, with Governing Board approval, to purchase products and services off of another government agency’s contract that has a piggyback clause.  The advantage of doing a piggyback bid is that the cost and time of submitting these services to the bidding process are saved. The bid is the same or less than if the District submitted its own bid process.

At the November 19, 2015 Board meeting, the Governing Board authorized administration to develop full plans and specifications for a new a new CampbellCare facility at Marshall Lane School and to submit them to the State Architect.  The next step would be to work with American Modular Systems to design the structure of this new facility and to construct it once the plans have been completed.

SOURCE OF FUNDS:

 Extensions

$768,740

Pursuant to AB 1200, the Governing Board must receive and review the quarterly report for the period ending October 31, 2015 in order to certify the District’s ability to meet its financial obligations for the remainder of the current fiscal year and its multi-year financial commitments.  To make such a determination, cash and fund balance projections must be included as part of the report.  (See the First Interim Report.)

The attached report addresses the current status of the District’s operating funds and projections of income and expense for all of 2015-2016 based on the State budget and other information available as of October 31, 2015.

The Unrestricted General Fund (Projected Years Totals) reflects changes to the adopted budget in the following categories:

 A.  There have been minor changes in the revenue accounts. Total revenue has increased by $33,922. 

1. Total expenditures have increased by $879,117.  There is an increase in health benefits expenditures and funding for text books, computers, and professional development.  The certificated salaries decreased due to leaves/retirements and a drop in enrollment.   

2. Total Other Financing Sources (Contributions) have decreased by $2,435,005 due to transferring out to Building fund and Debt Service fund. 

   The Restricted General Fund reflects changes to the adopted budget in the following categories: 

1. The total restricted revenue has decreased by $443,951 due to final apportions to specific programs. 

2. The total restricted expenditures have been increased by $495,043.  The increase is spread across expenditure categories. 

3. Contributions have increased by $235,005 to offset increases in expenditures. 

   The Total General Fund Ending Balance (Column D) is projected to be $11,464,438.  This includes reserves for: 

   Revolving cash                                                         $10,000 

   Prepaid expenditures                                                 20,000 

   Legally Restricted Balance                                     3,785,853 

   Other Assignments                                                 2,214,000 

   Economic uncertainties                                          2,800,546 

   Total Reserves                                                    $8,830,399 

   Undesignated Fund Balance                                $2,634,039

To reduce our long-term liability on retiree medical insurance (GASB 45) and to reduce the annual General Fund payment for retirees in the future, the district can prepay future medical expenses through a CalPERS trust fund with higher returns than the County pooled investments.

Based off of the Actuary Report on GASB 45 that we received recently, the estimated value Campbell needs in order to be fully funded increased from $4.4 million to $6.3 million. The large increase was due to a recent modification to the Actuarial Standard of Practice (ASOP #6) which now says we must incorporate age specific claim cost. In other words, health care cost increases as people get older, so that additional cost must now be reflected in the retiree health benefits plan.

When we get our annual rates from the health care providers, they mix the lower rate for younger employees with the higher rates for older employees, and we get a blended rate. The new ASOP says that older employee’s rate must be reflected in the GASB 45 calculation. Our current annual payment of $374,000 will increase to $686,000 with this change.

Furthermore, a new standard, GASB 75, will replace GASB 45 in 2017. The new GASB 75 will require us to book the outstanding unfunded liability of $3.8 million on June 30, 2018. Any amount that we can send to the “CalPERS GASB 45 Trust” before that date, will reduce our unfunded liability and reduce the impact in 2018.