Tag Archives: budget

Important Boundary and Budgetary issues facing San Marcos Unified School District (SMUSD)

Important Boundary and Budgetary Issues Facing San Marcos Unified School District (SMUSD)
Attendance Boundaries potentially being redrawn and District Budget Deficit, the district website has the following topics with information links that are important and public information. Please participate and share in the discussion here and on social media as this important issue that may potentially impact San Elijo Hills and San Marcos.
District Budget Deficit

Among the most important responsibilities of the Governing Board and Superintendent is to ensure the financial health of our district, and to inform the community when changes in district finances might meaningfully impact the educational services San Marcos Unified School District (SMUSD) provides. That is the purpose of this letter.

Due to flattening state revenues, and dramatic increases in mandated costs, we are forecasting very difficult financial days ahead here at SMUSD, which we more fully explain below. As we enter these difficult financial times, we want you to be aware of our predicament, the circumstances that brought us here, and our path forward.

Attendance Boundary Committee

“San Marcos Unified’s new Attendance Boundary Committee will meet for the first time next week to begin their work on recommendations for the Governing Board’s consideration.  As meetings continue, you will find more information HERE regarding the progress of the committee. We anticipate the committee’s recommendations to go before the Governing Board in the early part of 2018, which they will then review and approve all or part of the recommendations.  Our community will have an opportunity to comment publicly prior to the Board taking action.”

 

San Marcos City Council adopted a balanced budget for fiscal year

Official_Seal_of_the_City_of_San_Marcos,_CA

On June 9, the San Marcos City Council passed and adopted a $66.9 million general fund budget for Fiscal Year 2015-16, which begins July 1. The general fund pays for important services such as fire protection, law enforcement, street and park maintenance, recreation services, land use planning and general administration.

The City strives to improve the budget document to make it easier for individuals unfamiliar with the government budgeting processes to understand. The budget document includes revenue and expenditure summaries for each department, and was enhanced to show departmental budget requests and the recommended requests by the City Manager. The document also summarizes each department function, outlines how the budget supports the City’s strategic goals and includes information on non-general fund spending.

“The goal is to make it easier to learn about the City’s budget, programs and services while presenting a more accurate depiction of costs and where each dollar is being spent,” said Finance Director Laura Rocha. “As stewards of the public dollar, the City is committed to continually improving transparency and accountability.”

Overall, the City’s finances remain steady and the budget for the new fiscal year supports the policy to maintain a reserve of at least 40 percent of the projected general fund expenditure. Despite the mixed pace of economic recovery, the City has benefited from moderate revenue increases. Sales and property tax, which account for 50 percent of general fund revenues, have increased by more than four and eight percent, respectively.

“As the economy continues to recover and challenges remain for all levels of government, San Marcos is positioned well and has maintained a slow and steady fiscal approach moving forward,” said City Manager Jack Griffin.

Setting a new precedent, City Council approved a revision to the General Fund reserve policy in May to reduce reserve levels from 50 percent to 40 percent. This move makes funds available to incrementally reduce the city’s backlog of facility and infrastructure rehabilitation and replacement projects.

To support the change, the budget also sets aside 2.6 percent of the General Fund for long-range maintenance of City buildings, roads and sidewalks, lighting and storm drains, parks and landscaping, and equipment and vehicle replacement. As San Marcos ages, it becomes increasingly important to maintain existing infrastructure.

“The 2015-16 budget exemplifies City Council’s commitment to invest in the future of San Marcos,” commented Griffin. “By making small investments over time and supporting long term financial planning, the City is taking steps to control future costs.”

The budget set-aside will help the City address the accumulated maintenance project backlog, reduce long-term costs and improve the quality of life in San Marcos.

For more information, please contact the city’s Finance Department at (760) 744-1050, ext. 3126.

City of San Marcos adopts balanced budget plans to invest in infrastructure rehabilitation

The San Marcos City Council passed and adopted a $63.7 million general fund budget in June for the Fiscal Year 2014-15, which begins July 1. The general fund pays for important services such as fire protection, law enforcement, street and park maintenance, recreation services, land use planning and general administration.

After undergoing a significant overhaul last year, the budget document is now easier for individuals unfamiliar with budgeting processes to understand. The document also includes revenue and expenditure summaries for each department, summarizes each department function, outlines how the budget supports the City’s strategic goals and includes information on non-general fund spending.

“The goal is to make it easier to learn about the City’s budget, programs and services while presenting a more accurate depiction of costs and where each dollar is being spent,” said Finance Director Laura Rocha. “As stewards of the public dollar, the City is committed to continually improving transparency accountability.” Read more