How do you calculate the per student funding gap?
We use a condensed version of the budget published by the school district each year to calculate the gap. We take the total received by the district from government sources and parcel taxes, and subtract the expenses. We divide that number by the total number of students enrolled.
This represents the gap between the “guaranteed” funds and the cost to educate our children.
What happens if the gap ask isn’t met?
We recognize that not all families are in a position to give the gap per student, and we are grateful for any contribution they can make. We also appreciate the families who can, and do, give more. The Giving Campaign is one of several revenue sources used to raise funds to fill the total gap. We call it “filling the bucket” and here’s what it looks like for this year:
The bucket need for 2019-20 is close to $4.3 million.
We have no safety net — the usable reserve fund will be exhausted by next school year. If PEF can’t raise beyond our budget assumptions and meet the $300,000 unmet need, the district will need to make expenditure reductions.
What expenditure reductions can be made?
There is no room left for cuts. Over the past few years, PUSD has trimmed the budget by hundreds of thousands of dollars in ongoing reductions. This has been done primarily through attrition – by not filling, or by delaying the filling of certain positions, primarily administrative and maintenance based. If further reductions need to be made, it will mean a reduction of staff, which it will have an impact on student-facing programs and services, class size, electives and the other specialized programming that sets Piedmont above the bar.