News

MV Whisman district finances looking rosier

Though challenges remain, school district will end year in black, official says

The Mountain View Whisman School District anticipates having more money next school year than it had in 2010-11, thanks to two large and unexpected infusions of cash that the district received late last school year.

According to the 2011-12 budget -- presented by Superintendent Craig Goldman and approved by the Mountain View Whisman board of trustees on June 16 -- the district plans to spend about $40 million next year (up from $38.7 million last year). Goldman said he believes the district will finish out 2012 with about $2.2 million in undesignated and unrestricted funds.

The good news, Goldman said, can be attributed in large part to the $2.8 million in funds the district received as a result of the reorganization of the Shoreline Community a special tax district north of Highway 101, which had previously kept millions of dollars within its boundaries and out of the hands of local schools plus a $1 million donation from Google.

Goldman, who played a major role in raising public awareness of the money being diverted from local schools by the Shoreline Community, said that it would be hard to overstate the importance of the Shoreline funds, which will continue bringing money to the district through the 2012-13 school year.

"If we didn't have Shoreline, not only would we have had to use our additional reserve, but we would have had to cut programs," Goldman said, adding that the district has benefited from several other fortunate financial turns.

Besides the $1 million from Google to bolster science and math education, the district received $400,000 in funds raised by the Mountain View Educational Foundation and a $210,000 donation from El Camino Hospital.

Every bit of extra income the district receives is a big deal in this economy, according to Goldman. Costs associated with healthcare, special education services, teaching materials, fuel and energy are all weighing more heavily on the district than ever before. Yet, while California readily acknowledges these increasing financial burdens on schools, the state is cutting education funding.

"We have to find other sources of revenue in order to keep pace with increased costs," Goldman said.

For now, Goldman said, the district is in decent financial shape and will remain in the black through the end of the 2012-13 school year. However, many challenges loom on the horizon -- the first of which could hit the district as early as December.

The governor's office is hoping the state will pull in roughly $4 billion in additional revenues in the fiscal year that began July 1. However, if it doesn't, Mountain View Whisman may take a hit of roughly $330 per student. Goldman said the district has figured the potential cuts into the budget -- setting aside roughly $1.5 million to absorb the state reductions, should they come to pass.

Comments

 +   Like this comment
Posted by LASD Dad
a resident of Blossom Valley
on Jul 15, 2011 at 3:46 pm

Great news for MVWSD and MVLA, but I have to ask... why is LASD not getting any of the Shoreline funds? Roughly 20% of the K-8 kids residing in Mountain View attend LASD, and are seeing no benefit from this, while their class sizes increase, library hours decrease, and PE is eliminated for lower grades. Why is LASD excluded?


 +   Like this comment
Posted by Ned
a resident of Old Mountain View
on Jul 15, 2011 at 3:48 pm

Because LASD will give it all away to the teachers' union and then go crying for yet another parcel tax. The question you should be asking is what the hec are they doing will all that parcel tax money?


 +   Like this comment
Posted by LASD Dad
a resident of Blossom Valley
on Jul 15, 2011 at 4:18 pm

Yet MVLA gets some?! MVWSD and MVLA spend very close to the same $ per student. I don't feel as if I know enough about the current contract with the teachers to agree or disagree with you, but it still seems odd that LASD is left out in the cold when it comes to Shoreline funds.


 +   Like this comment
Posted by another LASD Dad
a resident of St. Francis Acres
on Jul 15, 2011 at 5:04 pm

@LASD Dad

Noting odd or ominous. It's very simple and logical. Shoreline is not in the LASD attendance area but in the MV-Whisman and the MVLA attendance areas. Only LASD could claim that money would be by merging with Mountain View-Whisman (highly unlikely move by LASD).

While I'm not in the MV-Whisman atttendance area, I'm very happy to see MV Whisman improving financially and academically. We are all neighbors and Mountain View residents: we all benefit from this.


 +   Like this comment
Posted by LASD Dad
a resident of Blossom Valley
on Jul 15, 2011 at 10:17 pm

@another...
OK... did not realize the Shoreline fund was entirely from property tax revenue... that makes sense. I completely agree with all benefitting from this. I've got lots of friends with kids in MVWSD... very happy for them.


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