Contra Costa

Contra Costa County schools did not receive $116,503,128 of their state funding until after the 2010-11 school year was over.  The delayed payments grew to $145,977,400 for the 2011-12 school year, before declining (thanks to Prop 30) to $104,428,660 this past summer.  $72 million of deferrals have already been announced for this school year (2013-14) with about 50% more expected in the Second Principal Apportionment in June.

 

All districts in Contra Costa suffer from these delays, however districts with high parcel taxes or other significant local resources experience less disruption.  Under 7% of total district revenues were delayed for the Orinda Union, Moraga, Walnut Creek and Lafayette Elementary districts in 2011-12 compared with the less affluent districts, which get the vast majority of their funding from the state (Brentwood Union and Pittsburg Unified received 22-24% of their annual revenues after kids had left for the summer, most of which was due to deferrals).

 

Sources:  Funding Excel Files - Second Principal Apportionment and Ed-data.k12.ca.us from the California Dept. of Education

 

In Contra Costa County, the amount of your property taxes reaching schools is 37%, NOT 49% as reported. 

And the districts most likely to take on that task are the least affected...

Contra Costa Calculations

  • Total Assessed Roll 2011-12: $140.0 billion

  • General 1% Levy:        $1.4 billion

  • 49% of $1.4 billion = $686 million

  • CDE Schools & COE = $448.7 million

  • Community Colleges = $67.3 million

  • $516.0 million = 37%

  • Other $170 million pays state’s obligations

    • 12% of total roll (larger than redevelopment)

Additional Data:

 

In Contra CostaCounty, a total of $171,964,668 was taken out of school-allocated property taxes to pay State obligations in 2010-2011. $146,399,072 was redirected to satisfy the State's VLF backfill obligation; $ 25,565,596 was redirected to pay for the State's 2004 Economic Recovery Bonds. This grew to $176,629,175 in 2011-12 ($145 million and $31 million, respectively).

 

Source: State Controller's Office, Local Government Reporting Section.

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