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Eureka Schools Foundation is more important than ever for Roseville and Granite Bay Public Schools

Mary Pizzimenti 07/25/2013

Granite Bay and Roseville are two Placer County communities that go above and beyond the call of duty when it comes to education. Simply take a look at the work of the Eureka Schools Foundation (ESF) to find evidence of that dedication. For 21 years now the Eureka Schools Foundation, a non-profit foundation funded by donations from local businesses and private individuals, has been helping to enrich the lives of students and teachers in the Eureka Union School District (EUSD) by providing for additional programs not funded by the State’s budget.

Eureka Schools Foundation event raise money for Eureka Union School District

Each year the Eureka Schools Foundation raises hundreds of thousands of dollars for EUSD through a number of community-based fundraising events.  These events include an online and live auction, a student art auction, pledge drive, golf tournament, and the annual 5k/10k run. Local businesses and individuals are presented with various ways to help give to the organization and get involved with the community.

You might think that communities like Granite Bay or Roseville should have no problem funding their public schools due to a healthy property tax base. However, since before ESF’s inception, California’s outdated school budgeting program has left many districts far short of what they need to succeed; EUSD is one of those districts. In July Governor Jerry Brown signed the most sweeping (and controversial) change to California’s public school budgeting formula since 1972. The newly-created Local Control Funding Formula (LCFF) is intended to provide a more equitable funding model and to effectively pay back the deficit created by years of deferred payments. The formula replaces revenue limits with base grants per pupil, plus supplemental funding provided via percentage “weights” for students who are English learners, from low-income families, or in foster care.  

Under the previous Revenue Limit budgeting system, established in 1972, the demographics and property tax base of the Eureka Union School District resulted in a yearly budget that fell far short of the needs of its students. Additionally, after years of insufficient funding and deferred payments, whereby the State re-allocated money belonging to California public schools to other government programs, EUSD and every other district in California found itself receiving less than 80% of the monies it was owed each year. In 2012 the amount of the deficit created by these deferrals was $10.4 Billion statewide. This deficit is what the LCFF is aimed at reconciling over its initial 8 year period. While this is an appropriate objective, the manner in which the LCFF model proposes to pay back the money the State had been deferring, means that many districts are likely to find their budgets varying greatly from year to year. There will also be wide variance in the funding levels between districts, as the LCFF is based on population demographics and not size or academic performance.

What does this mean for the Eureka Union School District? “The unpredictability of the LCFF budgeting model over the next 8 years means the Eureka Schools Foundation is more important than ever in maintaining the excellent educational standards that EUSD has established,” says Melody Glaspey, Chief Business Officer with EUSD, “Each year the Eureka Schools Foundation is there to fill in the gap created by the State’s public school funding.” Indeed every district should strive to achieve such high standards but without proper funding it is impossible to provide the programs and support that students need to thrive.

Eureka Schools Foundation record donation to the Eureka Union School District in 2012

ESF has always been there to fill in the gap, funding many essential programs and services like library and technology staff, music programs, before and after-school Spanish language instruction, and after-school athletics coaches. Indeed the students of the EUSD see many of the same advantages of private school in a public school setting. In 2012 the record $669,000 donation made by ESF to the district prevented the School Board from having to lay off librarians while a nearby district was forced to let go of 24 teachers. In June ESF announced that they would be donating $301,000 to the Eureka Union School District for the 2013-14 school year.

ESF doesn’t just provide grants to educate and enrich the students of the EUSD. ESF’s Summer Institute program provides advanced summer instruction to EUSD teachers in “21st century teaching practices”. These courses are designed to inform teachers about new technology and new developments in classroom education, helping to enrich teachers’ knowledge and experience as well as the students’. “Our aim is to keep teachers sharp and motivated so they can create a positive educational environment for EUSD students,” says Mark Goozen, President of ESF. “This dedication is reflected in the high test scores seen throughout our district.” The schools in the Eureka Union School District are consistently ranked among the best schools in Placer County and the State of California.

The Eureka Schools Foundation strives for transparency by publishing a list of all the programs funded by ESF grants each year and cost of those programs. The funding grants for the five school years can be viewed on their website.

What the final verdict will be on the new LCFF model is unsure. What is clear though is that even with this new funding model the budget gap faced by the Eureka Union School District isn’t going away in the foreseeable future. Thankfully the community members of Roseville and Granite Bay place a great deal of value on education and they aren’t afraid to put their money where their mouth is.

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Roseville is Placer County’s Fastest Growing City in 2012

Mary Pizzimenti 07/19/2013
The Galleria at Roseville CA

Roseville firmly surpasses neighboring Lincoln as the fastest growing city in Placer County. Last year, Roseville grew by 1.2%, which is above the state average of .8%, and is more than double the growth rate of Lincoln, the second fastest growing city in Placer County, with a population increase of .5%. The city of Lincoln previously held this distinction as its rapid expansion during the last decade earned it the title of “Fastest Growing City” in the country in the 2010 U.S. Census.

It is likely that Roseville will continue to hold this title as Lincoln’s recent overdevelopment has lowered home values in that city, making it less attractive to developers looking to see big returns from their investments. With Roseville’s attractive real estate market, thriving economy, abundance of urban amenities, good schools, and room to expand, the city looks like it should see steady and continued growth in the future.

Despite having housing prices that are higher across the board than the national average, California’s population continues to grow even during uncertain economic times. It is important to remember how vital the California Lifestyle is to our economic well-being. As an increasingly densely populated state we need to keep our eye on responsible and sustainable growth lest we experience the effects of wide-spread overdevelopment.

Homes in Roseville are found in is the last ‘urban’ community in Placer County. The Sierra Nevada Foothills offer far more suburban and rural accommodations than the areas surrounding Sacramento. With more than twice the residents of neighboring cities in Placer County, a strong revenue base, and a variety of shopping and entertainment attractions, Roseville will continue to be the magnet city for the region and the leader in growth for Placer County.

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National Housing Price Index up 10.5% from March 2012. Is this Another Bubble?

Mary Pizzimenti 07/03/2013
National housing prices gaining strength

Even with unexpectedly strong increases in housing prices in the last 12 months, there’s still room for growth in the housing market. But how much?

The latest Core Logic Housing Price Index (HPI) data shows that national housing prices in March 2013 are up 10.5% from March 2012. After 19 months of consecutive decline in the year-over-year HPI, March 2012 showed a 1.13% increase over March 2011. For the last 13 months up until March 2013 that number has steadily increased to 10.54% based on the latest data. At first glance it may appear that we are seeing the beginning of another bubble, however appearances can often be misleading.

As Paul Diggle, Property Analyst for Capital Economics notes in the article, “…if house prices and incomes continued rising at their current rate, the house price-to-income ratio wouldn’t return to its long-run average until 2017.” It took the housing market 4 years to reach the dizzying heights of its peak just before the crash. This single year increase of over 10% is nothing compared to the unbridled increases we saw in the early 2000’s.

A quick look at CoreLogic’s data shows several states saw annual growth that EXCEEDED 10% for 3 consecutive years. Let’s take a look at an example of what that kind of growth means. A home  purchased in 2002 for $500,000, would be able to sell for over $665,000 by the end of 2005. Growth like that simply can’t go on forever. If the trend had continued that same house would be worth around $1.3 Million today. If that is the type of return on investment you’re looking for in the housing market then you need to reconsider your investment plans

Markets reward those with patience. Remember when the U.S. Stock Market was falling with seemingly no end in sight? Well that same market is once again back to its old value and reaching for a new high. And that is what is driving the housing market these days: patience. Long gone are the days of homebuyers expecting to sell their home a year after purchasing it for a profit. Instead a new kind of apprehension and respect for the market has settled in, and that doesn’t leave much room for those looking to squeeze quick profits from the market.

In a statement made 5/16/13 CoreLogic predicts, “Home prices projected to increase 3.9 percent annually over next five years, following a 7.3 percent rise in 2012.” That is exactly the kind of consistent and healthy growth we’ve been looking for from the U.S. housing market since the crash. With regular scrutiny of the CoreLogic data we will continue to track this trend as we wait and see if their predictions ring true.

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Roseville Hosts Monthly Food Truck Mania

Mary Pizzimenti 07/03/2013
Food Truck Mania in Roseville, CA

Sacramento Mobile Foods (SactoMoFo) hosts monthly Food Truck Mania in Roseville. This eclectic culinary event occurs every 2nd Thursday at the corner of Washington and Vernon in the recently revitalized Downtown Vernon Street Shopping District. The next event will be Thursday, July 11th. As Roseville continues to encourage new and exciting community events it will ensure the city maintains its reputation in the region as a destination for entertainment, shopping, and modern culture.

Roseville Embraces the Food Truck Revolution

Food trucks are California’s answer to the wildly popular street food vendors found throughout the busiest streets in Manhattan. The success of mobile food trucks was aided by social media as the forerunners of this craze started using Facebook and Twitter to announce their whereabouts. Now, food truck events have sprung up in every city in the country. The social media influence on this newly formed American tradition has helped these events build a stronger sense of community as it provides residents with an opportunity to enjoy a wide variety of foods right in their neighborhood.

Unlike street fairs or farmers markets which generally involve a great deal more planning and set up, food truck events can almost appear out of nowhere. A typical street corner can quickly transform in to a festival of every type of food from vegan cuisine to gourmet grilled cheese. Some of the trucks that can be seen at Food Truck Mania include; Krush Burger, Drewski’s Hot Rod, Knucklehead Hot Dog Diner, Smoothie Patrol, and Volkswaffle.

Food Trucks are also a great way to provide catering for larger community and private events. If you’re looking to book 3 or more trucks for an upcoming event SactoMoFo can help. Food trucks can easily provide a number of meal options with significantly less hassle. “With a variety of cuisines all built in to one event, and no additional equipment to rent, our services showcase the Greater Sacramento Area food scene while easily adding gourmet value to your event,” says Paul Somerhausen, Coordinator at SactoMoFo.

For a list of the trucks that will be attending the next Food Truck Mania event or to book their trucks for your next event head over to the SactoMoFo website.

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49 Placer County Schools Receive Honor Roll Distinction

Mary Pizzimenti 06/25/2013

49 Placer County public schools were included in the California Business for Education Excellence (CBEE) 2012 Honor Roll list. This program awards schools showing a dedication to more than just their overall academic achievement. The CBEE wants to honor the schools that are “getting it right for all students,” says Greg Jones, CBEE Chairman. The award has its eye on the variance between a school’s highest achievers and its lowest. The smaller that gap is, the better the school is at helping all of its students succeed.

What’s the Goal of the CBEE and the Honor Roll distinction?

Beyond just recognizing the schools that are reaching the greatest number of their students the CBEE wants to use these schools as role models for schools that didn’t make the grade. “To ensure more of our schools succeed,” says Jones, “we must change the conversation from being about fixing failing schools to one that focuses on replicating the success of schools like those on the Honor Roll.”

Since the program started in 2005, the number of schools tapped for this honor has increased nearly 10 fold, from 261 schools to 2,108 schools in 2012. This means that, according to the CBEE, nearly 1900 California Public Schools have noticeably improved their academic performance amongst all their students in less than a decade.

News of Great Schools in Placer County is Nothing New

Granite Bay High School in Placer County

In the 8 years since the program began a number of Placer County public schools have consistently made the grade. Granite Bay High and Rocklin’s Valley View Elementary have been honored a total of 6 times, and Rocklin Academy in the Rocklin Unified School District has the distinction as the only Placer County school to receive the honor every year since the program’s inception.

Awards such as this are nothing new for many Placer County schools, particularly those in Roseville, Rocklin, and Granite Bay. These communities have shown a strong commitment to education. The Eureka Schools Foundation, a community driven organization that finds private donations to help fund the areas public schools, is an example of that commitment.

The 2012 Placer County Schools on the CBEE Honor Roll

School Name

School District

Antelope Meadows Elementary

Dry Creek Joint Elementary

Coyote Ridge Elementary

Dry Creek Joint Elementary

Heritage Oak Elementary

Dry Creek Joint Elementary

Quail Glen Elementary

Dry Creek Joint Elementary

Greenhills Elementary

Eureka Union

Maidu Elementary

Eureka Union

Oakhills Elementary

Eureka Union

Olympus Junior High

Eureka Union

Ridgeview Elementary

Eureka Union

Willma Cavitt Junior High

Eureka Union

Franklin Elementary

Loomis Union Elementary

Loomis Basin Charter

Loomis Union Elementary

Loomis Elementary

Loomis Union Elementary

Ophir Elementary

Loomis Union Elementary

Placer Elementary

Loomis Union Elementary

Newcastle Charter

Newcastle Elementary

Newcastle Elementary

Newcastle Elementary

Weimar Hills

Placer Hills Union Elementary

Colfax High

Placer Union High

Del Oro High

Placer Union High

Antelope Creek Elementary

Rocklin Unified

Breen Elementary

Rocklin Unified

Cobblestone Elementary

Rocklin Unified

Granite Oaks Middle

Rocklin Unified

Rock Creek Elementary

Rocklin Unified

Rocklin Academy

Rocklin Unified

Rocklin Elementary

Rocklin Unified

Rocklin High

Rocklin Unified

Ruhkala Elementary

Rocklin Unified

Sierra Elementary

Rocklin Unified

Spring View Middle

Rocklin Unified

Twin Oaks Elementary

Rocklin Unified

Valley View Elementary

Rocklin Unified

Whitney High

Rocklin Unified

Blue Oaks Elementary

Roseville City Elementary

Catheryn Gates Elementary

Roseville City Elementary

Crestmont Elementary

Roseville City Elementary

Diamond Creek Elementary

Roseville City Elementary

Junction Elementary

Roseville City Elementary

Robert C. Cooley Middle

Roseville City Elementary

Stoneridge Elementary

Roseville City Elementary

Thomas Jefferson Elementary

Roseville City Elementary

Warren T. Eich Intermediate

Roseville City Elementary

Antelope High

Roseville Joint Union High

Granite Bay High

Roseville Joint Union High

Woodcreek High

Roseville Joint Union High

Western Sierra Collegiate Academy

SBE – Western Sierra Collegiate Academy

Twelve Bridges Elementary

Western Placer Unified

Twelve Bridges Middle

Western Placer Unified

 

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Welcome to PHA Realty’s Placer & Nevada County Blog!

Mary Pizzimenti 06/21/2013
PHA Realty Open for Business

Hello,

I am Mary Pizzimenti Founder and CEO of PHA Realty and I would like to personally welcome you to our newly re-designed website! After months of working to improve the site’s features and functionality we’re very proud to unveil a variety of new tools designed with you in mind. Our goal is to be your destination for real estate in Placer County and Nevada County. We know you have a lot of options in the market so we want to empower you with the real estate news, information, and tools you need to make informed decisions when buying or selling a home.

If you check back often you’ll find up-to-date information on the housing market, advice and opinions about developing trends in Nevada and Placer County real estate, tips to increase your home’s value, information about upcoming community events, and so much more. By subscribing to our Blog, ‘liking’ us on Facebook, or following us on Twitter you’ll receive automatic notifications when we add new information to the website. Keeping you updated with the Placer and Nevada County real estate news you want, easily and conveniently.

Buying & Selling Placer County & Nevada County Homes

It’s in your best interest to take a look around and get to know our new site! If you are looking to buy a new home you may want to start at our Buying page. Here you’ll find tools like our Mortgage Calculator to help you determine your price range, or a description of the home-buying process for first-time buyers who are wary or unsure of the path to home ownership. Our Selling page has tips and tools geared toward home sellers and our powerful new Property Search Tool can be used by buyers and sellers alike. And our Communities pages are a great place to learn more about the cities and neighborhoods throughout Nevada and Placer County.

PHA Realty’s Free Registration

And if you really want to make our site work for you creating a user account will unlock even more features. With your account you’ll be able to quickly store your favorite homes so you can easily access them later. You can also save your favorite searches as well as return to a search in progress. Most importantly, your profile helps us to understand you better. Based on the activities you’ve completed on our site we’ll be able to learn more about what you want and what we can do to help you find the home of your dreams.

Sign up now for your account and get your property search started with tools that are tailored to you.

We hope you find everything you need in our site and when you’re ready to speak with a licensed professional about your plans for the future, we’ll be ready to listen. That’s because at PHA Realty our business is Placery County & Nevada County real estate but our greatest asset is YOU.

Welcome!

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