CAEP Allocation Amendment: 2018-19 21 Salinas Valley Adult Education Consortium
21 Salinas Valley Adult Education Consortium
Allocation Amendment Summary
The Fiscal Declaration information in this section has been provided as a courtesy. It has not been changed since CFAD has been approved by the Member Representatives.
- Consortium Name
- 21 Salinas Valley Adult Education Consortium
- Funding Channel
- Fiscal Agent
- Fiscal Agent
- Not Selected
- At its August 8, 2018 Steering Committee Meeting, the Consortium decided on an allocation schedule for the additional funding received by the Consortium from the State (in the form of a COLA) in the amount of $150,502 for FY18-19. A 3.9% increase of current 18-19 allocations was given to each Member District, and the remainder ($26,648) was allocated to the Shared Consortium Fund. The Consortium still must decide how to use the funds allocated to the Shared Consortium Fund; it will likely put it towards a new Consortium Outreach & Transitional Specialist position.
- May entry: The only change at this time is due to the new Consortium COLA allocation of $143,096 COLA. At the 4.25.18 regular Steering Committee meeting it was decided to put the total amount in the Consortium Shared Funds until a final decision is made about how to utilize the new funds. After a lot of discussion, the Members and others present at the meeting agreed to explore ways to use the COLA to benefit teachers, particularly part-time teachers (this might be in the form of a Teacher Incentive Fund or Teacher Awards, for example). An additional use of the funds might be an Incentive Fund for new projects/activities that particularly address unmet regional needs. The goal is to make a final decision at the next regular Steering Committee meeting on 5.23.18. Note regarding the allocation schedule: The amount listed as the Hartnell College allocation includes the Shared Consortium Funds, the 5% Admin, and the new COLA. In actuality, Hartnell College s allocation as a Member District is $248,538. The Shared Consortium Fund is $148,207, the 5% Admin is $166,197, and the COLA is $143,096, which totals $457,500. AUGUST UPDATE: Note regarding the allocation schedule: The amount listed as the Hartnell College allocation includes the Shared Consortium Funds, the 5% Admin, and the new COLA. In actuality, Hartnell College s allocation as a Member District is $258,231. The Shared Consortium Fund is $167,688 plus the 5% Admin which is $173,364, which totals $341,052. In September, the Consortium will approve the final 18-19 Shared Consortium Fund budget, which includes the additional funds from the COLA and also will reflect a change in the use of the 5% Admin. Almost 100% of the 5% Admin will go towards the salaries and benefits of the Consortium personnel (Director and Program Assistant) and the Fiscal Agent Admin fee of $8,750 ($1,250 per Member District). Also, the Consortium will decide how to reallocate $100,000 from the Shared Consortium Fund, for collaborative activities and/or additional funding for Members through a competitive proposal process.