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Feather River Bulletin
Quincy, California
March 31, 2010     Feather River Bulletin
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March 31, 2010

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Feather River Bulletin Wednesday, March 31, 2010 11A DEFICIT, from page 1A Superintendent Glenn Harris interjected that the Legislature recently passed authorization for the state to extend payment deferrals, as well as increase the amount of those deferrals. He said it was also possible the State would decide to further extend deferral on payments of money already owed. As the Plumas Unified School District meeting moved to its conclusion March 9, Bales moved briskly through a PowerPoint presentation of the district's second interim budget. Bales reported a statutory COLA of 4.25 percent; a revenue limit deficit of 18.36 percent, (Bales did not explain the relevance of this to PUSD, which is a basic aid district); and projected second period average daily attendance at 2,044. In addition, the district's share of timber yield tax is down $190,275 to $12,400 because of a statewide down- turn from $7 million to $1 million. Together with property tax revenue declines, local tax revenue is down $227,500. Adding in a charter supple- ment reduction of $69,000 for non-resident student payments from their home districts, reduced charter payments in lieu of property taxes at $36,600 and a pro- jected decrease in interest earnings of $25,000 results in an estimated decline in unre- stricted revenues of $256,750 -- despite a $100,000 increase in state and local revenue. Bales projected a year-end fund balance of $4,470, rather than the $247,520 estimated in the first interim budget. As with the county office of education, state payments for low-performing schools under QEIA are coming directly from Tier III funding -- estimated at $100,000 to date -- and the promised in- crease in fiscal stabilization funds has not materialized for the district either. The state is also planning to continue "Fair Share" cuts to basic aid districts, such as PUSD, as long as revenue limit districts continue to be underfunded. With the estimated $500,000 - $700,000 administrative cut proposed by the governor, the estimated shortfall is $1.5 million annually through 2015 - 2016, according to Bales' calculations. Bales said the district's fund balance remains posi- tive in the current year, as does cash flow. The district self-certified the budget a pos- itive financial condition based on those factors and discussion with the Califor- nia Department of Education. During her budget explana- tion, Bales took a consider- able amount of time to discuss the district's contro- versial reserve. (See the By the Numbers chart accom- panying this article.) Presently, Bales antici- pates an estimated unre- stricted fund balance of $6.96 million. From that amount, $822,952 will be set aside as the required statutory 3 percent reserve. Prepaid expenses and stores -- line items for benefits, propane, etc. -- estimated at $2 - $2.5 million will also come out of the $6.96 million, an amount not reflected in Bales' original chart, reduc- ing the fund to approximately $3.9 million. As a result, Bales' project- ed actual total unrestricted reserve is overstated by about $3 million, but still some $7.79 million or 42 per- cent of the district's annual unrestricted revenue. Bales repeated, at length, her multi-year projections through 2012 - 2013, indi- cating deficit spending through that year even if ELECTRIC, from page 1A Sage, with an immediate con- tribution of $250,000. According to the agree- ment, this will allow CalPeco, "through use of its ownership interest in the Herlong Transmission Project and access to additional PSREC facilities, to obtain an in- cremental reliable, prudent, and cost-effective transmis- sion path to deliver power to CalPeco's customers in the Portola and Loyalton areas." It will also give PSREC access to cheaper sources of power from the east. According to Marshall, Sierra Pacific agreed to continue supporting PSREC's efforts to a?ss  Nevada power sources. "This helps us spread our costs," Marshall said, adding that Sierra Pacific and CalPeco also agreed to finalize pending agreements with the SPI Loyalton plant to purchase power, which helps both CalPeco and PSREC with reliability issues and back-up sources of power during outages. CalPeco will also contract with PSREC for line crew services, not only during outages but for maintenance of Sierra Pacific's lines as well. In the interest of increas- ing electrical reliability, Sierra Pacific agreed to complete and maintain the clearance of the transmission line from Sierra Valley into Portola to reduce outages on ELECTION, from page 1A of the meeting that, while no action was taken, the hospital is very close to a settlement regarding existing litigation, Alexander et al. v. Plumas Hospital District. Only one minor item remains to be resolved, he said. In addition, the board will be place an item to its agenda for the April 1 meeting that would allow them to set an election date for the "Tax Limitation Initiative." that line that are caused by trees. The contract also strength - ens mutual back-up service between CalPeco and PSREC through the Marble sub- station, to provide assurance of service to either electrical provider during outages. The agreement stipulates that CalPeco and Sierra Pacific will ask the CPUC that costs for the Herlong Transmission Project and providing a local line crew to eastern Plumas and Sierra counties be spread across their entire customer base and not just to Portola and Loyalton customers. Need help REPI ING THINK _ If it's0000ing we can'll find # F  RST 'a ATT ,omeo can. " General Building Contractor I Invest in PLUMAS COUNTY (53c{)i f00icS00f:002;35 ! Tim V. Jones ... ,,=' Ouinc dish' (530) 283-3800 (800) 910-DISH P.O. Box209 NE T W 0 R Ko " B r i n g  I t D o w. T o E a r t h " State Reg. #E70726 AUTHORIZED RETAILER Dtllltal Home Advantage offer requires 24-mon commitment lind ordR qullllflcatlon. If sendoe IS terminated befora the end of commitment. cancellltlon fell of $17:50/mo rtrnlthlng will Ip. Programming credit= will =ply during the flint 12 month=. Monthly feel may apply bnd on type and number of recelvem. All pricer, :lm.tJmgrammthg subject to change without notice. Local channels only available In certain areas. Additional mtdctlons and fees may apply. Offer ends rk::e wail I.nHeBDI-H I..twk ..m onV" HOO/howtimo: Programming credits will IpP during the flint 3 month,. Cutomer must downgrade or then-currant p) pply. .;m arm remte onannell anaMce marks am the properly of Home Box umce, In(:. SHOWTIME and ndmted marks am trademarks of 8hl41me Newo Inc., CBS ombeny. :: !: 'i-: % :" : :::'PI.I .... :": :":'::: ":""""  : I I I   ........    1   ................ 2009/2010 18,121,058 Unrestricted Revenue Unrestricted Expense i Prior Year Fund Balance* 6,958,429 Net General Fund Balance 6,962,899 2010/2011 2011/2012 3,880,292 !i!ii iiiii0000i0000i0000ii :: 40% Spedal Reserve for Basic Aid i!iiiiiiii: iii!iiiii Calculated Reserve % Strategic Plan Goal 17,093,263 16,264,063 2012/2013 16,264,063 18,116,588 18,600,110 18,153,186 18,153,186 i!i !!iiiiliiiiiiifi!ii!iiiiiiiiiiiiiiiiiiiii!iiiii 5iiiiiiii 6,962,899 5,456,052 3,566,929 5,456,052 3,566,929 1,677,806 5,179,444 5,901,772 5,901,772 30% iiiiii! !iiii!iiiiiii iiiiiiii i iiiiiliiiiiiiiiii;!iiiiiiiiiiiiiiiili!iiiiiii 40% 35% Variance From Goal 2,613,669! 1,425,885 ! !! :iii:iii!; !i ii ilili ii'i i!iliiiiiiiiiiiiiiiiiiiiiiii!iiii!i iiiiiiii ii iiiiiiiiiiiiil !iii ! i iiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii;ii;iiiiiiiiiiiiiiiiiiiiiiiiiiii!ii!iiiiiiiii! 37% 30% 40% 45%  I   N (770,236) (3,939,226) *The state requires a 3 percent reserve, $822,952, based on projected total restricted and unrestricted expenses, $27.43 million. Notes: The projected, unaudited fired balance, $6.96 million, will be fl, rther reduced at year-end by approximately $2-2.5 million for pre-paid expenses, such as benefits and stores, such as propane. Source: Yvonne Bates, Director of Business, Plumas Uned School District, March 9, 2010 nothing else changes. She continued with addi- tional slides detailing known personnel costs -- increases in salaries, an additional $5,000 each year, and bene- fits, $100 annually for $26,700 ongoing. Bales appeared to be most concerned about the district's failure to meet its strategic plan goal of a special reserve fund goal of 45 percent -- with only a 30 percent reserve. She also took the opportu- nity to tell the board she could not recommend any salary increases at this time, based on impacts to the general fund reserve. She concluded with the statement that two separate auditors, as well as School Services of California, had approved the 45 percent goal. Plumas '' I :' '' "' DISTRICT HOSPITAL r S rvi 'I"h dl.lle I Health e ce Sc e Physicians Family Practice & Obstetrics Jeffrey Kepple, M.D. Ross Morgan, M.D. Rachel Hurlburt, D.O. For appointments 283-5640 Family Practice Dana Hays, D.O. Mid-Level Providers Edie O'Connor, P.A.C Stephen Johnson, F.N.P., P.A.-C For appointments 283-0650 Elizabeth McGee, A.G.N.P. Janet Thompson, R.N.P. For appointments 283-5640 For appointments 283-0650 ')I Oral Health Care Emergency Room Director P-OOV Mark Satterfield, M.D. stry For information 283-7110 David Reed, D.D.S. Pooja Patel, D.D.S. Family Practice & Internal Medidne For appointments 283-3915 Lawrence Price, M.D. For appointments 283-0650 Dental Hygienist Cynthia Warner, R.D.H.A.P. General Surgery For appointments 283-3915 Steen Jensen, M.D., F.A.C.S. Vincent Frantz, M.D., F.A.C.S. For appointments 283-1506 Specialty Clinics Cardiology Thursdays. April 1,15, 29 S ervices Milind Dhond, M.D. Cardio-Pulmonary Services For appointments 283-7108 Counseling Services Kathleen Hughes, LCSW For appointments 283-5640 Doppler/Echocardiography Thursdays. April1, 8,15, 22, 29 For appointments 283-7108 Emergency Room Services For information 283-7110 Hospice Services For information 394-7228 Medical Nutrition Therapy For appointments 283-5640 MRI Services April 5, 6,12,13,19, 20, 26, 27 For appointments 283-7155 Laboratory For information 283-7132 Radiology & Mammography For appointments 283-7155 Telemedicine In partnership with UC Davis For appointments 283-7133 Ultrasound For appointments 283=7155 For appointments 283-5640 Gynecology & Gynecologic Urology Saturdays. April 2 Norman C. Nasise, M.D. For appointments 283-7951 Ophthalmology Wednesdays. April 7 Thomas R. Conklin, M.D. 68 Central Ave., Quincy For appointments 283-2206 Orthopedics Tuesdays. April 6, 13, 20, 27 John V. Foley, M.D. For appointments 283-7988 Podiatry Fridays. April 9 Kennon J. Martin, D.P.M. For appointments 283-3904 Mondays. April 5,19, 26 Kathleen Halat, D.P.M. For appointments 283-5640 Urology Thursdays. April*l, 29 Angelo KaneUos, M.D. John Freeman, M.D. For appointments 283-7990