Vista Springs Charter School, Exams of Creative Thinking

Download Vista Springs Charter School and more Exams Creative Thinking in PDF only on Docsity! C PACIFIC SPRINGS C H A R T E R S C H O O L Petition to Chula Vista Elementary School District – Presented September 2017 L E A D P E T I T I O N E R : D R . K A T H L E E N H E R M S M E Y E R Springs Charter Schools is a network of non-profit public TK-12 charter schools operating in Southern California. MISSION Our mission is to empower students by fostering their innate curiosity, engaging their parents, and promoting optimum learning by collaboratively developing a personalized learning program for each student. WE VALUE • Parent choice and involvement • Using the community as the classroom • Fostering a child’s innate creativity • Collaborating to achieve goals • Building relationships • Personalizing learning FEATURING • WASC Accreditation • a-g courses • NCAA recognition • CIF sports (regional) • National Honor Society & California Scholarship Federation River Springs Charter School Riverside County Office of Education Est. 2007 Current Enrollment: 6,074 Empire Springs Charter School Helendale Union School District Est. 2013 Current Enrollment: 993 Harbor Springs Charter School Julian Elementary School District Est. 2013 Current Enrollment: 702 Citrus Springs Charter School Orange County Office of Education Est. 2016 Current Enrollment: 245 -------------- Total Enrollment: 8,014 Springs Charter Schools Network •Four-day in class and one day at home (“studio day”) •Arts integrated learning community •Academic, social-emotional, and artistic growth in all students •Educating the whole child •Develops innovative, creative, and flexible students •Personalized learning through assessing academic needs, personal interests, and learning style and providing rigorous coursework •Promotes critical, analytic, and creative thinking through excellent self-expression skills •Uses student goal setting, community as the classroom, shared inquiry, service learning, and collaboration as pillars in learning Otay Ranch Academy of the Arts(K-8) Facility Pacific Springs Charter School will operate the Otay Ranch Student Center at 1615 Mater Dei Drive Seton Hall Chula Vista, CA The facility is fully gated and offers 15 classrooms as well as shared access to a multi- purpose room, gymnasium, kitchen, playground, and outdoor green space. The building has 19,474 square feet of space for educational use. Benefits to the District Sponsoring Pacific Springs Charter School would provide a number of benefits to Chula Vista Elementary School District. Pacific Springs Charter School offers: • Oversight fee of 1% • Customized access to all PSCS online resources for use with the district independent study or "virtual" students • Best practice sharing • Marketing collaboration ENROLLMENT PROJECTIONS Pacific Springs Charter School OTAY RANCH HOMESCHOOL TOTAL YEAR 1: 2018-19 434 24 458 YEAR 2: 2019-20 444 27 471 YEAR 3: 2020-21 444 30 474 YEAR 4: 2021-22 444 33 477 YEAR 5: 2022-23 444 37 481 Company LOGO 2016-17 General Fund Changes Estimated Actuals Unaudited Actuals Increase / <Decrease> Revenues $ 261,772,098 $ 262,921,608 $ 1,149,510 Expenditures 268,687,320 268,861,258 173,938 Increase / <Decrease> <6,915,222> <5,939,650> 975,572 Beginning Balance $ 62,884,198 $ 62,884,198 $ 0 Ending Balance $ 55,968,976 $ 56,944,548 $ 975,572 Less: Designations 5,823,153 6,149,321 326,168 Reserve for Economic Uncertainties (REU) $ 50,145,823 $ 50,795,227 $ 649,404 Company LOGO 2016-17 Unrestricted Revenue General Fund Unrestricted Local Control Funding Formula $ 424,064 Charter Chargebacks 330,763 K-12 Schools and E-rate Program Funding 215,894 All Other Revenues <20,357> Total Revenue Increase/<Decrease> $ 950,364 Company LOGO 2016-17 Unrestricted Expenditure and Contribution Changes General Fund Unrestricted Salaries and Benefits $ 1,008,273 Books and Supplies <1,176,938> Services and Other Operating Expenses 333,267 All Other Expenditures <120,944> Net Increase in Unrestricted Contribution (Primarily for Special Ed. Contribution Expenditures) 65,666 Total Increase/<Decrease> $ 109,324 Company LOGO Multiyear Projection 2016-17 Through 2021-22 (Budget cuts of $3.5M in 18-19; $1.5M in 19-20; $0 in 20-21 and $0 in 21-22) REU % 18.89% 14.64% 9.42% 4.08% <1.69%> <8.71%> ADA 23,041 22,675 22,675 22,675 22,675 22,675 $50,795,227 $40,323,012 $26,115,810 $11,541,853 $(4,947,293) $(25,846,989) $(30,000,000) $(20,000,000) $(10,000,000) $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 Amount Reserved for Economic Uncertainties vs. 3 Percent Minimum Reserve by Fiscal Year REU 3% Minimum REU Company LOGO Multiyear Projection 2016-17 Through 2021-22 (includes budget cuts of $5M in 2018-19; additional $6M in 2019-20; $7M in 2020-21 and $7.5M in 2021-22) $50,795,227 $40,323,012 $27,615,810 $19,041,853 $15,552,707 $15,153,011 $- $10,000,000 $20,000,000 $30,000,000 $40,000,000 $50,000,000 $60,000,000 2016/17 2017/18 2018/19 2019/20 2020/21 2021/22 Amount Reserved for Economic Uncertainties vs. 3 Percent Minimum Reserve by Fiscal Year REU 3% Minimum REU REU % 18.89% 14.64% 10.02% 6.87% 5.57% 5.49% ADA 23,041 22,675 22,675 22,675 22,675 22,675 Company LOGO What We’re Watching Federal Budget Reserve For Economic Uncertainties (REU)/ Deficit Spending Reserve Cap Trigger Continued Economic Recovery Enrollment Cash Reserves