2019-2020 Year End Results | Page 35

WVUSD: 2019/2020 Year-End Results Introduction: The Business Services Division continues to support students, certificated, and classified staff by providing financial stability, as well as customer service, throughout Walnut Valley. Keeping the focus of “Kids First,” it is imperative that we support teaching and learning, provide a healthy nutritional menu, provide safe and clean facilities, safely transport students to and from school, purchase high-quality goods, and maintain fiscal stability. Budget The Fiscal Services Department is committed to the effective management of all District resources, including personnel (via Position Control), through an efficient and transparent process. Addressing the needs and interests of the District’s students, staff, and community continue to be a top priority. Entering into the 2020/2021 fiscal year, school districts across California will face enormous budgetary challenges as a result of the coronavirus epidemic. Most economists are now in agreement that we will be looking at a recession and how our policy makers respond will be important. Districts will be tasked with responding to limited spending authority and having to make difficult decisions regarding items such as staffing levels and educational programs. Projected funding levels simply fall short in providing enough money to keep pace with increasing costs related to pensions, health care, and special education just to name a few. Parents, community members, and booster groups continue to support various school programs by generously providing support. Their efforts, both by volunteer hours and financial means, allow for all students to experience a variety of positive opportunities. Financial Reports The Walnut Valley Unified School District, once again, had a successful year with reviews of its financial reports. A Positive Budget Certification by the Los Angeles County Office of Education (LACOE) was assigned to both Interim Reports for the 2019/2020 fiscal year. The District’s annual audit (provided by Eide Bailly, LLP, and required by law) revealed no findings in its review of the District’s financial records. A financial and performance audit, for the District’s Bond Fund, was also conducted. The purpose of the financial and performance audit was to ensure the money is expended in accordance with the regulations under a Bond Fund, as well as in accordance with the projects approved by the voters who authorized the funds. Collective Bargaining We had another successful year working with both employee associations in the Walnut Valley Unified School District. Regular interest meetings with both WVEA and CSEA, including the frequent budget updates and the previewing of financial reports, has led to healthy and respectful dialogue. Fair and responsible contracts, with both associations, were reached resulting in salary increases for both groups. In addition, both groups collaborated to introduce an Early Tell Notification Program for those that indicated, in January, their intent not to return to the District for the following year. 34