CAEP Consortium Fiscal Administration Declaration: 2019-20 63 South Bay Adult Education Consortium/Southwestern
Status: Consortium Approved
63 South Bay Adult Education Consortium/Southwestern
Fiscal Declaration - Consortium Approved
- Consortium Name
- 63 South Bay Adult Education Consortium/Southwestern
- Funding Channel
- Fiscal Agent
- Fiscal Agent
- Sweetwater Union High
- The 2019-2020 allocations were discussed among the consortium advisory committee, which has achieved consensus to forward the allocations to the Consortium Directors Council for approval. The allocations align with the original allocation percentages determined at the beginning of the first three year planning cycle, with the exception of Coronado Union High School District not accepting a COLA increase for 2019-2020. Consortium level funding includes shared expenses such as salaries/benefits of the Consortium Project Director and Administrative Assistant, shared professional development, shared consortium activities, and consortium marketing costs. Fiscal agent admin funds are to cover costs incurred by Sweetwater Union High School District to serve as the fiscal agent of the consortium. Member and consortium activities will be detailed in the 2019-2020 annual plan, and will be consistent with the upcoming three year plan, to take effect July 2019. Sweetwater Union High School District will remain fiscal agent for the consortium, as they have been since the 2016-2017 fiscal year. The Consortium Directors Council reviewed the recommendations of the advisory committee, and approve the following allocations.
- Due to Coronado Unified School District not accepting a COLA increase in 2019-2020, the percentages of funding allocated to each member has changed slightly. Sweetwater Union High School District and Southwestern College will split Coronado Unified School District's COLA in half, resulting in the following allocation percentage adjustments. Sweetwater Union High School District's allocation percentage has increased from 95.22% to 95.25%. Southwestern College's allocation percentage has increased from 3.21% to 3.23%. Coronado Unified School District's allocation percentage has decreased from 1.57% to 1.52%. Being that Sweetwater Union High School District is fiscal agent for the consortium, Sweetwater's 95.25% allocation member funds (92.25%), consortium level funds (2.83%), and fiscal admin funds (0.17%).
|Sweetwater Union High||$14,111,942||$13,636,232||$13,072,630|
|Total Allocated to Members||$14,816,459||$14,320,954||$13,728,935|
|Total CAEP Funds||$14,816,459||$14,320,954||$13,728,935|