​Reserves June 30, 2020
 
                                                                Unrestricted                      Restricted                           Total
 
Ending Balance                                  $11,380,556.03 $3,069,727.74                     $14,450,283.77
 
Fund 17   (Special Reserve Fund for Other than Capital Outlay Projects)                  $2,927,028.67
 
Total of reserves                                                                                                                              $17,377,312.44
 
 
Reserves June 30, 2019
 
                                                                Unrestricted                      Restricted                           Total
 
Ending Balance                                  $7,766,722.35                     $1,755,286.12                     $9,522,008.47
 
Fund 17   (Special Reserve Fund for Other than Capital Outlay Projects)                  $2,900,564.42
 
Total of reserves                                                                                                                              $12,422,572.89
 
$4,954,739.55
 
Increase in reserves                       $17,377,312.44 - $12,422,572.89 = $4,954,739.55
 
Percent Increase   39.88%
 
Reserve is 25.43%   of Budget Revenue     $17,377,312.44/$68,332,096.00 = .2543 

​COLA

•21-22  5.07% (the MEGA COLA)
•22-23  2.48%
•23-24  3.11%
•24-25  3.54%
•* School Services is advising using these same numbers!*

•ADA
     •For districts in declining enrollment, can use higher of 19-20 ADA or 20-21 ADA.
     •Charters must use current year ADA.

•SPED COLA-4.05%

•ELOG (Extended Learning Opportunity Grant supplement)-for LEAs with greater than 80% UP, additional $1170/ADA*UP%

•All deferrals paid up this month.

•Universal TK
     •21-22  Planning and infrastructure development
     •22-23 through 25-26—Phase in with funding

•CalSTRS 20-21 was 16.15%, 21-22 will be 16.92% 

Good afternoon

I hope you and your family are well and safe.
Unfortunately, we find ourselves in yet another devastating fire season. Sadly, it is difficult to recall a recent year that fires did not devastate entire communities or displace hundreds throughout California, including many in our CTA family. Therefore, I want to take a minute to ensure you are aware that CTA’s Disaster Relief Fund is available to any member impacted by the fires.
CTA’s Disaster Relief Fund is possible because of the goodwill of many CTA members who have made voluntary tax-deductible donations to assist fellow colleagues in need. During 2020-2021, we provided nearly $220,000 in grants to approximately 170 members for personal and professional losses. We are ready to help again.
If you have been impacted by a wildfire or know any members who have, please visit, and share this link: www.CTAMemberBenefits.org/drf.
CTA is here and ready to help.
Be well, stay safe.
Thank you!


E. Toby Boyd, CTA President

California Casualty, longtime endorsed partner of California Teachers Association, appreciates your dedication to our students.  In honor of that commitment, local California Casualty Field Marketing Manager, Tami Phillips is offering a $25 gift card when you complete an auto insurance quote*.  Click here or call (833) 989-3589 for a fast look at the CTA member rates.
After completing your valid rate comparison, a $25 gift card will be emailed to you.