Adopted Budget Date Submitted: June 29, 2017 Board of Education Meeting

Transcription

1 Poway Unified School District Adopted Budget Date Submitted: June 29, 2017 Board of Education Meeting

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3 Description of Funds Fund 01 General Fund Fund 11 Adult Education Fund 12 Child Development Fund 13 Cafeteria Special Revenue Fund 14 Deferred Maintenance Fund 17 Special Reserve Fund for Other than Capital Outlay Projects Fund 21 Building Fund (SFID) / Proposition U & C Fund 25 Capital Facilities Fund 35 County School Facilities Fund 40 Special Reserve Fund for Capital Outlay Projects Fund 49 Capital Projects Fund for Blended Component Units (CFDs) Fund 63 Other Enterprise (ESS/Preschool) Fund 67 Self-Insurance This is the chief operating fund for all Local Educational Agencies (LEAs). It is used to account for the ordinary operations of an LEA. All transactions except those accounted for in another fund are accounted for in this fund. Restricted projects or activities within the general fund must be identified and reported separately from unrestricted projects or activities. This is done by using codes in the resource field that identify whether the resources used are restricted or unrestricted. This fund is used to account separately for federal, state, and local revenues that are restricted or committed for adult education programs. Money in this fund shall be expended for adult education purposes only. Except for moneys received pursuant to the LCFF, moneys received for programs other than adult education shall not be expended for adult education. This fund is used to account separately for federal, state, and local revenues to operate child development programs. This fund is used to account separately for federal, state, and local resources to operate the food service nutritional program. This fund is used to account separately for revenues that are restricted or committed for deferred maintenance purposes. This fund is used primarily to provide for the accumulation of general fund moneys for general operating purposes other than for capital outlay. Amounts from this special reserve fund must first be transferred into the general fund or other appropriate fund before expenditures may be made. This fund exists primarily to account separately for proceeds from the sale of general obligation bonds and may not be used for any purpose other than those for which the bonds were issued. This fund is used primarily to account separately for moneys received from fees levied on development projects as a condition of approval. This fund is established to receive apportionments from the 1998 State School Facilities Fund (Proposition 1A), the 2002 State School Facilities Fund (Proposition 48), the 2004 State School Facilities Fund (Proposition 55), or the 2006 State School Facilities Fund (Proposition 1D). The fund is used primarily to account for new school facility construction, modernization projects, and facility hardship grants, as provided in the Leroy F. Greene School Facilities Act of This fund exists primarily to provide for the accumulation of general fund moneys for capital outlay purposes. This fund may also be used to account for any other revenues specifically for capital projects that are not restricted to fund 21, 25, 30, 35, or 49. This fund is used to account for capital projects financed by Mello-Roos Community Facilities Districts and similar entities that are considered blended component units of the LEA under generally accepted accounting principles (GAAP). This fund may be used to account for other business activities. Self-Insurance funds are used to separate moneys received for selfinsurance activities from other operating funds of an LEA. Separate funds may be established for each type of self-insurance activity, such as workers compensation, health and welfare, and deductible property loss. 2

4 Fund 01 - Unrestricted General Fund LCFF ,690, ,803, ,434, ,567,708 Federal Revenues ,465 89,638 70,499 69,439 Other State Revenues ,609,376 14,265,381 24,899,171 8,470,693 Other Local Revenues ,000,000 11,200,000 12,950,369 13,190,185 Other Sources & Contributions (47,275,728) (31,470,312) (36,398,313) (28,082,250) TOTAL REVENUES 255,110, ,888, ,956, ,215,775 Certificated Salaries ,010, ,868, ,635, ,449,551 Classified Salaries ,741,901 36,799,398 35,328,823 35,167,367 Employee Benefits ,591,928 56,683,290 50,790,681 47,616,132 Books and Supplies ,083,101 10,965,274 10,947,750 11,179,345 Services and Other Operating Expenditures ,597,268 20,687,774 19,720,703 19,727,500 Capital Outlay ,000 6,370, ,557 3,650,450 Other Outgo ,983,550 2,932,785 1,362, ,663 Other Uses ,429,718 1,429,718 1,299,888 1,838,625 TOTAL EXPENDITURES 270,487, ,737, ,542, ,161,633 C. NET ACTIVITY (15,377,794) 3,150,875 17,413,158 (9,945,858) Beginning Balance (estimated) 56,845,987 53,695,112 36,284,136 46,229,994 - Less: County Adjustment (2,182) Adjusted Beginning Balance 56,845,987 53,695,112 36,281,954 46,229,994 Ending Balance 41,468,192 56,845,987 53,695,112 36,284,136 Fund 01 - Restricted General Fund LCFF ,581,159 1,581,159 1,531,480 1,273,299 Federal Revenues ,353,735 10,454,779 8,980,999 8,833,531 Other State Revenues ,326,646 36,467,829 34,001,362 28,441,904 Other Local Revenues ,261,431 3,229,330 2,062,574 2,406,657 Other Sources & Contributions ,727,483 46,457,096 40,925,499 32,465,367 TOTAL REVENUES 97,250,454 98,190,193 87,501,914 73,420,758 Certificated Salaries ,137,696 26,466,471 25,673,939 23,876,235 Classified Salaries ,460,922 20,693,782 18,473,524 15,196,806 Employee Benefits ,763,681 30,421,542 25,323,597 20,507,960 Books and Supplies ,212,671 6,184,476 2,740,727 6,406,476 Services and Other Operating Expenditures ,677,079 12,137,802 10,525,465 10,931,367 Capital Outlay ,333,982 2,608,444 2,862, ,365 Other Outgo ,537,655 1,641, ,793 1,702,616 Other Uses ,568 TOTAL EXPENDITURES 99,123, ,153,629 86,499,387 79,143,393 C. NET ACTIVITY (1,873,231) (1,963,436) 1,002,527 (5,722,635) Beginning Balance (estimated) 3,559,926 5,523,362 4,520,835 10,243,470 Ending Balance 1,686,695 3,559,926 5,523,362 4,520,835 3

5 Fund 01 - Restricted General Fund General Combined Fund LCFF ,272, ,384, ,965, ,841,007 Federal Revenues ,439,200 10,544,417 9,051,498 8,902,970 Other State Revenues ,936,022 50,733,210 58,900,533 36,912,597 Other Local Revenues ,261,431 14,429,330 15,012,943 15,596,842 Other Sources & Contributions ,451,755 14,986,784 4,527,186 4,383,117 TOTAL REVENUES 352,360, ,078, ,457, ,636,533 Certificated Salaries ,148, ,335, ,309, ,325,786 Classified Salaries ,202,822 57,493,180 53,802,347 50,364,173 Employee Benefits ,355,608 87,104,832 76,114,278 68,124,092 Books and Supplies ,295,772 17,149,750 13,688,477 17,585,821 Services and Other Operating Expenditures ,274,347 32,825,576 30,246,168 30,658,867 Capital Outlay ,383,982 8,979,069 3,318,899 4,158,815 Other Outgo ,521,205 4,573,897 2,262,372 2,235,279 Other Uses ,429,718 1,429,718 1,299,888 1,852,193 TOTAL EXPENDITURES 369,611, ,891, ,042, ,305,026 C. NET ACTIVITY (17,251,025) 1,187,439 18,415,685 (15,668,493) Beginning Balance (est.) 60,405,912 59,218,474 40,804,971 56,473,464 Less: County Adjustment (2,182) Adjusted Beginning Balance 60,405,912 59,218,474 40,802,789 56,473,464 - Ending Balance 43,154,887 60,405,913 59,218,474 40,804,971 4

6 Fund 11 - Adult Education Fund LCFF ,000 20,000 20, ,366 Federal Revenues , , , ,641 Other State Revenues ,434,567 1,434,567 1,397,652 - Other Local Revenues , , , ,551 Other Sources & Contributions ,718 29,718 76, ,139 TOTAL REVENUES 2,422,762 2,241,032 2,218,028 1,221,698 Certificated Salaries , , , ,916 Classified Salaries , , , ,445 Employee Benefits , , , ,676 Books and Supplies , ,218 52,322 92,281 Services and Other Operating Expenditures , , , ,937 Capital Outlay ,313-6,313 Other Outgo ,940 85,886 64,061 45,530 Other Uses ,025 8,025 3,584 5,412 TOTAL EXPENDITURES 2,316,076 2,783,783 1,640,736 1,298,510 C. NET ACTIVITY 106,686 (542,751) 577,292 (76,812) Beginning Balance (est.) 146, , , ,446 - Ending Balance 252, , , ,634 Fund 12 - Child Development Fund Other State Revenues , , , ,066 Other Local Revenues , TOTAL REVENUES 417, , , ,780 Certificated Salaries , , , ,290 Classified Salaries , , , ,425 Employee Benefits , , ,749 87,139 Books and Supplies ,603 13,681 5,015 5,684 Services and Other Operating Expenditures ,157 1,175 1,327 Capital Outlay Other Outgo ,500 25,397 17,830 16,889 Other Uses TOTAL EXPENDITURES 417, , , ,754 C. NET ACTIVITY Beginning Balance (est.) 14,054 14,054 13,666 13,640 Ending Balance 14,054 14,054 14,054 13,666 5

7 Fund Restricted Cafeteria Special General Revenue Fund Fund Federal Revenues ,900,000 2,548,600 2,862,146 2,745,367 Other State Revenues , , , ,442 Other Local Revenues ,508,560 6,859,200 6,372,519 5,926,205 Other Sources & Contributions ,510 9,054 TOTAL REVENUES 9,563,560 9,567,800 9,393,731 8,838,068 Certificated Salaries Classified Salaries ,409,205 4,379,877 3,921,612 3,751,600 Employee Benefits ,349,873 1,473,549 1,239,926 1,184,186 Books and Supplies ,690,000 3,200,968 3,434,731 3,489,472 Services and Other Operating Expenditures , , , ,854 Capital Outlay ,000 99, ,755 77,568 Other Outgo , , , ,322 Other Uses ,254 23,254 21,699 20,445 TOTAL EXPENDITURES 10,294,413 9,860,786 9,558,877 9,391,447 C. NET ACTIVITY (730,853) (292,986) (165,146) (553,379) Beginning Balance (est.) 1,032,569 1,325,555 1,490,701 2,044,080 Ending Balance 301,716 1,032,569 1,325,555 1,490,701 Fund 14 - Deferred Maintenance Fund LCFF ,000,000 1,000,000 1,000, ,000 Other Local Revenues ,000 1,129 1,345 33,543 TOTAL REVENUES 1,001,000 1,001,129 1,001, ,543 Certificated Salaries Classified Salaries Employee Benefits Books and Supplies ,753 - Services and Other Operating Expenditures , , ,041 Capital Outlay ,500, , ,584 23,421 Other Outgo Other Uses TOTAL EXPENDITURES 1,500, , , ,461 C. NET ACTIVITY (499,000) 275, ,277 (42,918) Beginning Balance (est.) 571, ,305 82, ,947 Ending Balance 72, , ,305 82,028 6

8 Fund Special Restricted Reserve General Fund Fund for Other Than Capital Outlay Projects Other Sources & Contributions , , , ,926 TOTAL REVENUES 416, , , ,926 Certificated Salaries Classified Salaries Employee Benefits Books and Supplies Services and Other Operating Expenditures Capital Outlay Other Outgo Other Uses , , ,603 1,201,201 TOTAL EXPENDITURES 30, , , ,553 C. NET ACTIVITY 385, , , ,373 Beginning Balance (est.) 2,306,912 2,017,190 1,650,962 1,377,589 Ending Balance 2,692,805 2,306,912 2,017,190 1,650,962 Fund 21 - Building Fund (SFID) / Proposition U & C Other Local Revenues , ,151 Other Sources & Contributions ,754,039 TOTAL REVENUES - - 1, ,005,190 Certificated Salaries Classified Salaries Employee Benefits Books and Supplies Services and Other Operating Expenditures , ,305 Capital Outlay Other Outgo ,059,352 Other Uses ,000 - TOTAL EXPENDITURES - 250,000 18, ,832,658 C. NET ACTIVITY - (250,000) (17,263) 172,533 Beginning Balance (est.) 35, , , ,879 Ending Balance 35,149 35, , ,412 7

9 Fund Restricted Capital Facilities General Fund Fund Other Local Revenues , , , ,436 TOTAL REVENUES 345, , , ,436 Certificated Salaries Classified Salaries ,834 22,908 12,783 11,822 Employee Benefits ,274 10,670 6,321 6,017 Books and Supplies Services and Other Operating Expenditures , , , ,581 Capital Outlay Other Outgo Other Uses TOTAL EXPENDITURES 296, , , ,405 C. NET ACTIVITY 49, , , ,031 Beginning Balance 2,206,947 2,071,225 1,805,934 1,549,903 Ending Balance 2,256,632 2,206,947 2,071,225 1,805,934 Fund 35 - County School Facilities Fund Other Local Revenues ,703 6,161 4,996 3,872 TOTAL REVENUES 3,703 6,161 4,996 3,872 Certificated Salaries Classified Salaries Employee Benefits Books and Supplies ,886 3, ,395 Services and Other Operating Expenditures Capital Outlay ,335 Other Outgo Other Uses TOTAL EXPENDITURES - 61,886 3, ,730 C. NET ACTIVITY 3,703 (55,725) 999 (174,858) Beginning Balance (est.) 814, , ,606 1,044,464 - Ending Balance 818, , , ,606 8

10 Fund Restricted Special Reserve General Fund Fund for Capital Outlay Projects Other Local Revenues , , , ,382 Other Sources & Contributions ,000 4,336,983 TOTAL REVENUES 421, ,714 1,002,450 4,742,365 Certificated Salaries Classified Salaries ,769 Employee Benefits Books and Supplies Services and Other Operating Expenditures Capital Outlay ,168 3,048,382 Other Outgo Other Uses ,105 1,420, , ,926 TOTAL EXPENDITURES 416,105 1,420,275 1,185,949 3,456,480 C. NET ACTIVITY 5,000 (996,561) (183,499) 1,285,885 Beginning Balance (est.) 134,981 1,131,542 1,315,041 29,156 Ending Balance 139, ,981 1,131,542 1,315,041 Fund 49 - Capital Project Fund for Blended Component Units (CFD) Other Local Revenues ,589,870 39,830,293 47,428,284 45,877,315 Other Sources & Contributions ,036,276 71,849, ,641,948 TOTAL REVENUES 11,589, ,866, ,277, ,519,263 Certificated Salaries Classified Salaries Employee Benefits Books and Supplies ,417 Services and Other Operating Expenditures ,287 3,960,449 2,707,948 5,722,733 Capital Outlay ,160,198 15,599,863 21,858,055 Other Outgo Other Uses ,938, ,236,770 93,391, ,015,919 TOTAL EXPENDITURES 45,442, ,357, ,699, ,598,124 C. NET ACTIVITY (33,852,689) (26,490,848) 7,577,981 61,921,139 Beginning Balance (est.) 121,942, ,433, ,709, ,788,492 Less: Audit Adjustment (GASB 34) 75,854,581 Adjusted Beginning Balance 121,942, ,433, ,855, ,788,492 Ending Balance 88,089, ,942, ,433, ,709,632 9

11 Fund Restricted Other Enterprise General Fund Fund(ESS/Preschool) Other State Revenues ,500 - Other Local Revenues ,471,255 19,115,179 17,473,203 16,681,369 TOTAL REVENUES 19,471,255 19,115,179 17,563,703 16,681,369 Certificated Salaries ,571,504 1,366,585 1,605,653 1,772,553 Classified Salaries ,464,005 9,673,148 9,423,181 9,006,780 Employee Benefits ,247,218 3,639,722 3,497,076 3,355,602 Books and Supplies , , , ,893 Services and Other Operating Expenditures ,641,785 2,331,475 2,409,625 2,462,933 Capital Outlay , , , ,942 Other Outgo Other Uses ,889 60,889 66,752 66,954 TOTAL EXPENDITURES 18,955,792 18,053,475 17,749,927 17,563,658 C. NET ACTIVITY 515,463 1,061,704 (186,225) (882,288) Beginning Balance (est.) 2,551,901 1,490,197 1,676,422 2,558,710 - Ending Balance 3,067,365 2,551,901 1,490,197 1,676,422 Fund 67 - Self-Insurance Fund Other State Revenues ,568 - Other Local Revenues ,496,100 10,796,271 11,677,603 10,206,479 Other Sources & Contributions ,492,168 1,492,168 1,312,034 1,812,812 TOTAL REVENUES 12,988,268 12,288,439 12,992,206 12,019,291 Certificated Salaries ,952 43,199 41,904 40,291 Classified Salaries , , , ,120 Employee Benefits , ,969 95,653 84,701 Books and Supplies ,350 40,720 28,558 21,980 Services and Other Operating Expenditures ,734,221 12,665,812 10,095,683 10,374,694 Capital Outlay Other Outgo Other Uses ,542 2,251,571 1,251, ,000 TOTAL EXPENDITURES 13,743,929 15,452,541 11,700,528 11,379,786 C. NET ACTIVITY (755,661) (3,164,102) 1,291, ,505 Beginning Balance (est.) 13,342,433 16,506,535 15,214,857 14,575,352 - Ending Balance 12,586,771 13,342,433 16,506,535 15,214,857 10

12 Assumptions Changes in Revenues: LCFF Update LCFF base amount at 43.97% DOF funding gap rate (ADA of 34, and COLA of 1.56%) 6,247,612 Update supplemental funding at 43.97% funding gap rate (unduplicated % of 21.75%) 639,700 Unrestricted Restricted Combined Total LCFF Sources 6,887,312-6,887, Federal Revenue Reverse Impact Aid prior year funding adjustment (4,173) (7,101) Reverse Deferred Revenue and prior year funding adj - Title I, Title II, Title III and Alternate Dispute Resolution (1,109,188) Update Title II funding 15,245 Total Federal Revenue (4,173) (1,101,044) (1,105,217) Other State Reverse One-Time Discretionary funding (7,413,694) Reverse Testing Grant recognized in (82,213) Reverse Lottery recognized in (160,098) (218,857) Reverse Deferred Revenue, one-time grant and prior year funding adjustments - CA CTE Incentive Grant, TUPE, Mental Health, College Readiness Block Grant, CA Clean Energy Prop 39 and Special Ed (3,500,382) Update funding for Special Ed and TUPE 125,838 CA CTE Incentive Grant projected carryover 2,452,218 Total Other State (7,656,005) (1,141,183) (8,797,188) Other Local CTE funding reduction -SDCOE (249,786) Update local and miscellaneous revenue (950,214) Reverse Deferred Revenue and one-time local grant (1,648,691) CA Career Pathways Trust projected carryover 680,792 Total Other Local (1,200,000) (967,899) (2,167,899) Total Changes in Revenues (1,972,867) (3,210,126) (5,182,993) Changes in Expenditures: 1000 Certificated Salaries PFT Step & Column 1,750,000 Step & longevity APSM 270,000 Reinstate budget for safety net (reversal in ) 642,390 RTI TOSAs - move to Supplemental (429,654) Update supplemental program expense 429,654 Budget adjustment (520,605) 1 Special Education increased costs 345,486 CA CTE Incentive Grant carryover 353,154 CA Career Pathways Trust carryover 227, categorical program expense (1,255,333) 2 Total ,141,785 (328,776) 1,813, Classified Salaries Step & longevity, APSM 50,000 Step & longevity, PSEA Unit 1 250,000 Step & longevity, PSEA Unit 2 130,000 Reinstate budget for noon duty (reversal in ) 150,000 Budget adjustment 362,503 1 Special Education increased costs 1,026,426 CA Career Pathways Trust carryover 52, categorical program expense (311,840) 2 Total , ,139 1,709, Employee Benefits Health 12% * 60% Fiscal Year (7.2%) 1,557, ,585 PERS at % was % 676, ,474 STRS at 14.43% was 12.58% 2,522, ,282 Step & Column, PFT 150,000 Step & longevity, APSM 41,125 Step & longevity, PSEA Unit 1 3,100 Step & longevity, PSEA Unit 2 15,500 Reinstate budget for safety net (reversal in ) 228,523 Reinstate budget for noon duty (reversal in ) 20,700 RTI TOSAs - move to Supplemental (129,109) Update supplemental program expense 129,109 Budget adjustment (306,478) 1 Special Education increased costs 176,536 CA CTE Incentive Grant carryover 20,700 CA Career Pathways Trust carryover 78, categorical program expense (98,151) 2 Total ,908,637 1,342,139 6,250,776 11

13 Assumptions 4000 Supplies Update supplemental funding at 43.97% funding gap rate (unduplicated % of 21.75%) 639,700 Update supplemental program expense (558,763) Reverse capital lease ( is 4th year and last year of refresh/rethink program) (2,500,000) Update funding for Teacher Professional Learning and Effectiveness System (TPLES) at $60k (was $144k) (84,000) Reverse carryover adjustment 2,000, carryover for purchase of instructional materials - use Restricted Lottery (2,000,000) 2,000,000 Special Education increased costs 52,422 Budget adjustment 620,891 1 Reverse deferred revenue, one-time grant and prior year funding adjustments - Title I, Title II, Title III, Alternate Dispute Resolution, Impact Aid, Restricted Lottery, CA CTE Incentive Grant, TUPE, Mental Health, College Readiness Block Grant, CA Clean Energy Prop 39, Special Ed and miscellanous local grant (6,484,219) Update funding for Title II, Special Ed and TUPE 141,083 CA CTE Incentive Grant carryover 826,053 CA Career Pathways Trust carryover 262, categorical program expense 4,065,334 2 Update projected categorical program carryover (834,964) Total 4000 (1,882,172) 28,195 (1,853,978) 5000 Services Reverse expenses to Educator Effectiveness Grant 1,118,204 (1,118,204) One-time site safety projects - carried over from ,000 Reverse carryover adjustment 750,000 Utilities 400,000 Update local and miscellaneous revenue (950,214) Estimated savings in maintenance contracts, utilities, conference costs and other services (845,808) Budget adjustment 137,312 1 Special Education program expense adj (659,796) CA CTE Incentive Grant carryover 244,044 CA Career Pathways Trust carryover 40, categorical program expense 33,015 2 Total ,494 (1,460,723) (551,229) 6000 Capital Outlay Reverse one-time LAN project (5,000,000) Reverse one-time Regional Communication System expense - Infrastructure costs (1,075,000) Budget adjustment (245,625) 1 CA CTE Incentive Grant carryover 894,977 CA Career Pathways Trust carryover 18, categorical program expense (2,188,344) 2 Total 6000 (6,320,625) (1,274,462) (7,595,087) 7000 Other Outgo CA CTE Incentive Grant carryover 113,290 Special Education increased costs 27,934 Budget adjustment (47,998) 1 Update Indirect Costs 98,763 (244,681) 2 Total ,765 (216,747) (165,982) Total Changes in Expenditures 750,387 (1,143,235) (392,848) Transfer In/Out, Other Sources/Uses & Contribution: Reverse PSEA Unit 1 agreement - temporary transfer of OPEB funds to support dental and vision coverage of PSEA unit members opting Transfers In out of medical coverage (697,029) Reverse one time inter-fund transfer from special reserve fund (2,000,000) Reverse one-time transfer from CFD - reimbursement of expenses paid for technology projects (1,500,000) Reverse one-time transfer from Fund 67 (1,000,000) Update transfer from CFD for personnel cost reimbrusement 237, Transfers Out Other Sources Reverse capital lease loan proceeds ( is 4th year and last year of refresh/rethink program) (2,500,000) Reverse one-time loan proceeds for LAN project (5,000,000) Reverse one-time RCS loan proceeds (1,075,000) Other Uses Contributions Special Education increased costs (1,843,185) 1,843,185 RRMA increased costs (427,202) 427,202 Total Transfer In/Out, Other Sources/Uses & Contribution (15,805,416) 2,270,387 (13,535,029) Total Increase/(Decrease) (15,377,795) (1,759,941) (17,137,735) Total Net Change (15,377,795) (1,759,941) (17,137,735) 12

14 Assumptions Changes in Revenues: LCFF Federal Revenue Update LCFF base amount at 39.03% funding gap rate ADA of 34,770.92, COLA of 2.15% (DOF funding gap rate %) 5,374,956 Update supplemental funding at 39.03% funding gap rate, unduplicated % of 21.63% 393,281 Unrestricted Restricted Combined Total LCFF Sources 5,768,237-5,768,237 Total Federal Revenue Other State Special Ed COLA at 2.15% 357,581 Total Other State - 357, , Other Local CTE funding reduction -SDCOE (37,081) Total Other Local (37,081) - (37,081) Total Changes in Revenues 5,731, ,581 6,088,737 Changes in Expenditures: 1000 Certificated Salaries PFT Step & Column 1,750,000 Step & longevity APSM 270,000 Special Education increased costs 350,000 Total ,020, ,000 2,370, Classified Salaries Step & longevity, APSM 50,000 Step & longevity, PSEA Unit 1 250,000 Step & longevity, PSEA Unit 2 130,000 Special Education increased costs 500,000 Total , , , Employee Benefits Health 12% * 60% Fiscal Year (7.2%) 1,669, ,075 PERS at 18.10% was % 1,057, ,713 STRS at 16.28% was 14.43% 2,522, ,282 Step & Column, PFT 352,275 Step & longevity, APSM 71,926 Step & longevity, PSEA Unit 1 87,875 Step & longevity, PSEA Unit 2 45,695 Total ,807,412 1,371,070 7,178, Supplies Special Education increased costs 210,925 Update supplemental funding at 39.03% funding gap rate, unduplicated % of 21.63% 393,281 Instructional materials 1,000,000 Computer Rethink to be reinstated 2,500,000 Total ,893, ,925 4,104, Services Utilities 400,000 Special Education increased costs 500,000 Update categorical program expense (789,248) Total ,000 (289,248) 110, Capital Outlay Update categorical program expense (1,083,982) 7000 Other Outgo Total (1,083,982) (1,083,982) Total Total Changes in Expenditures 12,550,693 1,058,765 13,609,458 Transfer In/Out, Other Sources/Uses & Contribution: Reverse PSEA Unit 2 agreement - eliminate H&W tiers based on employee's hourly assignment (coming from OPEB for Transfers In through , general fund expense after ) (133,459) Transfers Out Other Sources Computer Rethink to be reinstated 2,500, Other Uses Contributions Special Education increased costs (2,000,000) 2,000,000 Special Ed COLA at 2.15% 357,581 (357,581) Increase in PERS and STRS rate (Special Ed and RRMA) (931,995) 931,995 Total Transfer In/Out, Other Sources/Uses & Contribution (207,873) 2,574,414 2,366,541 Total Increase/(Decrease) (22,405,204) (0) (22,405,205) Proposed reductions to expenditures (8,000,000) (8,000,000) Total Net Change (14,405,204) (0) (14,405,205) 13

15 SSC Projected Budget General Fund / Combined I II III OBJECT DESCRIPTION CODES Unrestricted Restricted Combined LCFF ,459,209 1,581, ,040,368 Federal Revenues ,465 9,353,735 9,439,200 Other State Revenues ,609,376 35,684,227 42,293,603 Other Local Revenues ,962,919 2,261,431 12,224,350 TOTAL REVENUES 308,116,969 48,880, ,997,521 Certificated Salaries ,030,413 26,487, ,518,109 Classified Salaries ,171,901 21,960,922 60,132,822 Employee Benefits ,399,340 33,134, ,534,090 Books and Supplies ,976,383 6,423,596 19,399,979 Services and Other Operating Expenditures ,997,268 10,387,831 32,385,099 Capital Outlay , , ,000 Other Outgo & ,114, ,812 4,958,645 Direct Support / Indirect Costs (1,131,283) 693,843 (437,440) EXPENDITURES before cuts 281,608, ,182, ,791,304 Proposed reductions in (8,000,000) (8,000,000) TOTAL EXPENDITURES after cuts 273,608, ,182, ,791,304 C. EXCESS OF REVENUES OVER EXPENDITURES 34,508,115 (51,301,897) (16,793,782) D. OTHER FINANCING SOURCES/USES Interfund Transfers Transfers In ,318,295-1,318,295 Transfers Out ,429,718-1,429,718 Other Sources/Uses Sources ,500,000-2,500,000 Uses Contributions (51,301,897) 51,301,897 - TOTAL OTHER FINANCING SOURCES/USES (48,913,320) 51,301,897 2,388,578 E. NET INCREASE / DECREASE (14,405,205) (0) (14,405,205) F. FUND BALANCE, RESERVES Beginning Balance 41,468,192 1,686,695 43,154,887 - Ending Balance 27,062,987 1,686,695 28,749,681 COMPONENTS OF ENDING BALANCE A) NONSPENDABLE Revolving Cash , ,000 Stores , ,000 B) RESTRICTED ,686,695 1,686,695 C) COMMITTED D) ASSIGNED Carryover (Projected) ,000,000-5,000,000 E) UNASSIGNED & UNAPPROPRIATED Economic 2% ,504,420-7,504,420 Reserve One-Time Discretionary Funding 6,081,105 6,081,105 Reserve One-Time Discretionary Funding 7,402,461 7,402,461 TOTAL COMPONENTS OF ENDING FUND BALANCE 26,562,986 1,686,695 28,249,681 Unappropriated Fund Balance 500, ,000 14

16 DOF Projected Budget General Fund / Combined I II III OBJECT DESCRIPTION CODES Unrestricted Restricted Combined LCFF ,262,282 1,581, ,843,441 Federal Revenues ,465 9,353,735 9,439,200 Other State Revenues ,609,376 35,684,227 42,293,603 Other Local Revenues ,962,919 2,261,431 12,224,350 TOTAL REVENUES 312,920,042 48,880, ,800,594 Certificated Salaries ,030,413 26,487, ,518,109 Classified Salaries ,171,901 21,960,922 60,132,822 Employee Benefits ,399,340 33,134, ,534,090 Books and Supplies ,303,865 6,423,596 19,727,461 Services and Other Operating Expenditures ,997,268 10,387,831 32,385,099 Capital Outlay , , ,000 Other Outgo & ,114, ,812 4,958,645 Direct Support / Indirect Costs (1,131,283) 693,843 (437,440) EXPENDITURES before cuts 281,936, ,182, ,118,786 Proposed reductions in (5,000,000) (5,000,000) TOTAL EXPENDITURES after cuts 276,936, ,182, ,118,786 C. EXCESS OF REVENUES OVER EXPENDITURES 35,983,705 (51,301,897) (15,318,192) D. OTHER FINANCING SOURCES/USES Interfund Transfers Transfers In ,318,295-1,318,295 Transfers Out ,429,718-1,429,718 Other Sources/Uses Sources ,500,000-2,500,000 Uses Contributions (51,301,897) 51,301,897 - TOTAL OTHER FINANCING SOURCES/USES (48,913,320) 51,301,897 2,388,578 E. NET INCREASE / DECREASE (12,929,615) (0) (12,929,614) F. FUND BALANCE, RESERVES Beginning Balance 41,468,192 1,686,695 43,154,887 - Ending Balance 28,538,577 1,686,695 30,225,272 COMPONENTS OF ENDING BALANCE A) NONSPENDABLE Revolving Cash , ,000 Stores , ,000 B) RESTRICTED ,686,695 1,686,695 C) COMMITTED D) ASSIGNED Carryover (Projected) ,000,000-5,000,000 E) UNASSIGNED & UNAPPROPRIATED Economic 2% ,570,970-7,570,970 Reserve One-Time Discretionary Funding 7,490,146 7,490,146 Reserve One-Time Discretionary Funding 7,402,461 7,402,461 TOTAL COMPONENTS OF ENDING FUND BALANCE 28,038,577 1,686,695 29,725,272 Unappropriated Fund Balance 500, ,000 15

17 Assumptions Changes in Revenues: LCFF Federal Revenue Update LCFF base amount at 41.51% funding gap rate ADA of 34,770.92, COLA of 2.35% (DOF funding gap rate %) 6,271,101 Update supplemental funding at 41.51% funding gap rate unduplicated % of 21.63% 375,534 Unrestricted Restricted Combined Total LCFF Sources 6,646,635-6,646,635 Total Federal Revenue Other State Special Ed COLA at 2.35% 399, Other Local Total Other State - 399, ,247 Total Other Local Total Changes in Revenues 6,646, ,247 7,045,882 Changes in Expenditures: 1000 Certificated Salaries PFT Step & Column 1,750,000 Step & longevity APSM 270,000 Special Education increased costs 350,000 Total ,020, ,000 2,370, Classified Salaries Step & longevity, APSM 50,000 Step & longevity, PSEA 250,000 Step & longevity, SEIU 130,000 Special Education increased costs 500,000 Total , , , Employee Benefits Health 12% * 60% Fiscal Year (7.2%) 1,789, ,688 PERS at 20.8% was 18.1% 1,111, ,787 STRS at 18.13% was 16.28% 2,522, ,282 Step & Column, PFT 384,650 Step & longevity, APSM 78,271 Step & longevity, PSEA 94,625 Step & longevity, SEIU 49,205 Total ,030,553 1,427,757 7,458, Supplies Special Education increased costs 179,312 Update supplemental funding at 41.51% funding gap rate unduplicated % of 21.63% 375,534 Total , , , Services Utilities 400,000 Special Education increased costs 500, Capital Outlay 7000 Other Outgo Total , , ,000 Total Total Total Changes in Expenditures 9,256,087 2,957,069 12,213,156 Transfer In/Out, Other Sources/Uses & Contribution: Transfers In Transfers Out Other Sources Other Uses Contributions Special Education increased costs (2,000,000) 2,000,000 Special Ed COLA at 2.35% 399,247 (399,247) Increase in PERS and STRS rate (Special Ed and RRMA) (957,069) 957,069 Total Transfer In/Out, Other Sources/Uses & Contribution (2,557,822) 2,557,822 - Total Increase/(Decrease) (19,572,479) (0) (19,572,480) Proposed reductions to expenditures (6,300,000) (6,300,000) Total Net Change (13,272,479) (0) (13,272,480) 16

18 SSC Projected Budget General Fund / Combined I II III OBJECT DESCRIPTION CODES Unrestricted Restricted Combined LCFF ,105,844 1,581, ,687,003 Federal Revenues ,465 9,353,735 9,439,200 Other State Revenues ,609,376 36,083,474 42,692,850 Other Local Revenues ,962,919 2,261,431 12,224,350 TOTAL REVENUES 314,763,604 49,279, ,043,404 Certificated Salaries ,050,413 26,837, ,888,109 Classified Salaries ,601,901 22,460,922 61,062,822 Employee Benefits ,429,893 34,562, ,992,400 Books and Supplies ,351,917 6,602,908 19,954,825 Services and Other Operating Expenditures ,397,268 10,887,831 33,285,099 Capital Outlay , , ,000 Other Outgo & ,114, ,812 4,958,645 Direct Support / Indirect Costs (1,131,283) 693,843 (437,440) EXPENDITURES before cuts 290,864, ,139, ,004,460 Proposed reductions in (8,000,000) (8,000,000) Proposed reductions in (6,300,000) (6,300,000) TOTAL EXPENDITURES after cuts 276,564, ,139, ,704,460 C. EXCESS OF REVENUES OVER EXPENDITURES 38,198,662 (53,859,719) (15,661,056) D. OTHER FINANCING SOURCES/USES Interfund Transfers Transfers In ,318,295-1,318,295 Transfers Out ,429,718-1,429,718 Other Sources/Uses Sources ,500,000-2,500,000 Uses Contributions (53,859,718) 53,859,718 - TOTAL OTHER FINANCING SOURCES/USES (51,471,141) 53,859,718 2,388,578 E. NET INCREASE / DECREASE (13,272,478) (0) (13,272,479) F. FUND BALANCE, RESERVES Beginning Balance 27,062,987 1,686,695 28,749,681 - Ending Balance 13,790,509 1,686,694 15,477,203 COMPONENTS OF ENDING BALANCE A) NONSPENDABLE Revolving Cash , ,000 Stores , ,000 B) RESTRICTED ,686,694 1,686,694 C) COMMITTED D) ASSIGNED Carryover (Projected) ,000,000-5,000,000 E) UNASSIGNED & UNAPPROPRIATED Economic 2% ,622,684-7,622,684 TOTAL COMPONENTS OF ENDING FUND BALANCE 13,197,684 1,686,694 14,884,378 Unappropriated Fund Balance 592, ,825 17

19 DOF Projected Budget General Fund / Combined I II III OBJECT DESCRIPTION CODES Unrestricted Restricted Combined LCFF ,501,994 1,581, ,083,153 Federal Revenues ,465 9,353,735 9,439,200 Other State Revenues ,609,376 36,083,474 42,692,850 Other Local Revenues ,962,919 2,261,431 12,224,350 TOTAL REVENUES 321,159,754 49,279, ,439,554 Certificated Salaries ,050,413 26,837, ,888,109 Classified Salaries ,601,901 22,460,922 61,062,822 Employee Benefits ,429,893 34,562, ,992,400 Books and Supplies ,400,683 6,602,908 20,003,591 Services and Other Operating Expenditures ,397,268 10,887,831 33,285,099 Capital Outlay , , ,000 Other Outgo & ,114, ,812 4,958,645 Direct Support / Indirect Costs (1,131,283) 693,843 (437,440) EXPENDITURES before cuts 290,913, ,139, ,053,226 Proposed reductions in (5,000,000) (5,000,000) Proposed reductions in (1,600,000) (1,600,000) TOTAL EXPENDITURES after cuts 284,313, ,139, ,453,226 C. EXCESS OF REVENUES OVER EXPENDITURES 36,846,046 (53,859,719) (17,013,673) D. OTHER FINANCING SOURCES/USES Interfund Transfers Transfers In ,318,295-1,318,295 Transfers Out ,429,718-1,429,718 Other Sources/Uses Sources ,500,000-2,500,000 Uses Contributions (53,859,718) 53,859,718 - TOTAL OTHER FINANCING SOURCES/USES (51,471,141) 53,859,718 2,388,578 E. NET INCREASE / DECREASE (14,625,095) (0) (14,625,095) F. FUND BALANCE, RESERVES Beginning Balance 28,538,577 1,686,695 30,225,272 - Ending Balance 13,913,483 1,686,694 15,600,177 COMPONENTS OF ENDING BALANCE A) NONSPENDABLE Revolving Cash , ,000 Stores , ,000 B) RESTRICTED ,686,694 1,686,694 C) COMMITTED D) ASSIGNED Carryover (Projected) ,000,000-5,000,000 E) UNASSIGNED & UNAPPROPRIATED Economic 2% ,777,659-7,777,659 TOTAL COMPONENTS OF ENDING FUND BALANCE 13,352,659 1,686,694 15,039,353 Unappropriated Fund Balance 560, ,824 18

20 Poway Unified School District Multi-Year Projections Fund 01 - General Restricted Fund General Combined Fund Proposed Projected Projected DESCRIPTION TOTAL REVENUES $ 352,360,538 $ 360,815,816 $ 367,861,699 TOTAL EXPENDITURES $ 369,611,564 $ 375,221,022 * $ 381,134,178 ** NET ACTIVITY $ (17,251,025) $ (14,405,206) $ (13,272,479) Beginning Balance $ 60,405,912 $ 43,154,887 $ 28,749,681 Ending Balance $ 43,154,887 $ 28,749,681 $ 15,477,203 Reserve Level 11.7% 7.6% 4.0% * Assumes $8 million of budget reductions ** Assumes $6 million of budget reductions 19