The Pleasanton City Council and the city's school district board will have a chance to discuss their budget shortfalls in the fiscal year ahead and how they're managing them in a special joint meeting of the two governing bodies at 7 p.m. tonight.
The meeting will be held in the school district board of trustees meeting room at 4665 Bernal Ave.
Also on tonight's agenda are reports on the recent 2010 Youth in Government Day and the city's Youth Master Plan.
Eighty students from Amador Valley, Foothill, Village and Horizon high schools participated in the Youth in Government event. Tonight, several students will report on the group's thoughts on friends, family, school and extra-curricular activities and how the group felt these issues affect their "Life balance."
On the fiscal year budgets, City Manager Nelson Fialho and the city's Finance Director Dave Culver will review falling sales and other tax revenues. These resulted from the ongoing economic slowdown and caused the city to cut more than $4 million from its previously adopted budget to a new total of $83.2 million in projected revenue estimates.
Sales and use taxes, alone, have dropped $7 million from their peak in FY 2006-07, with development fees also decreasing ton $1.3 million from a high of $4 million, Culver states in a report prepared for tonight's meeting.
Although the city government has been able to stall pay raises, freeze hiring, stop capital spending and reduce funding for a reserve fund to meet the $4,086,719 revenue reductions this year, the school district depends on the state for its revenue source. Faced with a $6.9-million budget shortfall, it is balancing its FY 2010-11 budget through employee layoffs, payless furlough days and employee concessions.
Concessions in salaries and scheduled salary increases total $4.6 million by the teachers' union, the Association of Pleasanton Teachers, with another $218,000 from the district's management team, according to the district's financial report prepared for tonight's meeting.
"The state continues to face economic challenges and the impact of (Gov. Schwarzenegger's) budget proposals for FY 2010-11 for school districts is sizeable," school Supt. John Casey said in a statement prepared for tonight's meeting.
"In addition, the PUSD positioned itself to make an additional $1.1 million in spending reductions to address the risky assumptions associated with the governor's budget proposal," Casey stated. "As a result, the PUSD boar d approved reductions to address the financial challenges in order to maintain the 3 percent reserve requirement."