HIGHLIGHTS OF CHANGES IN EXPENSES - YEAR OVER YEAR COMPARISON

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1 SUMMARY MARCH 2015 OPERATION RESULTS The surplus on an accrual basis, excluding construction & the facility incentive grant, for the Nine Months ended March 31, 2015 was 2,050,926. COST MANAGEMENT Overall expenses for the Nine Months ended March 31, 2015 were higher versus last year by 198,009 an increase of 2.03%. Expenses for the year are projected to rise in the mid single digits. HIGHLIGHTS OF CHANGES IN EXPENSES YEAR OVER YEAR COMPARISON Increase in Outside Consultant expense of 325,193 due to increased Special Education consultants (134,284), Keck preschool substitutes (72,571), WestEd common core training (139,400) and decrease in Temporary Office staff. Current projected increase in Outside Consultant expense will be in excess of 320,000. Increase in Outside Substitutes of 116,297 Current projected increased in expense versus last year for Outside substitutes is approximately 125,000, primarily for teacher coverage during Common Core training. Increase in Instructional materials of 58,412 Increase in Food Service wages of 34,314 Increase in Net Teacher wages of 29,453 Increase in Capitalized equipment of 24,425 for security camera system Increase in LAUSD oversight fee of 22,041 Increase in School security wages of 21,573 Increase in outside food costs of 12,573 Decrease in Special Education fair share fee to LAUSD of 152,928 Decrease in Administrative wages of 95,119 Decrease in Food costs of 61,432 Decrease in Accounting and Legal of 45,258 Decrease in Group Medical insurance of 24,468 Decrease in Travel and Conferences of 20,398 Decrease in Interest expense of 18,204 Decrease in Classified Administrative and Clerical wages of 12,638 Decrease in Other supplies of 10,888 FINANCIALS 315 4/24/2015

2 The Accelerated Schools Comparative Statement of Financial Position As of 3/31/2015 and 3/31/14 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/14 AS OF 3/31/14 AS OF 3/31/14 Accelerated Charter Wallis Annenberg High The Accelerated Charter Wallis Annenberg The Accelerated School Elementary School School Total School Elementary High School Assets Current Assets Cash & Cash Equivalents Cash In County Treasury 5,654,910 1,466,870 4,891,237 12,013,017 3,846, ,981 3,891,122 Cash in bank Aces ConstructionCounty & CCU 317, , ,911 Cash in bank Keck Pre SchoolWells 51,953 51,953 84,459 Cash in bankstudent BodyWAHSCCU 12,936 12,936 12,936 Cash in BankCafeteriaCCU 136, ,487 28,452 Loan Repayment Bank AccountWELLS 34,943 34,943 34,943 Cash in bank TAS (CCU & Wells) 152, , ,695 Petty Cash Cash in bank WAHS (CCU & Wells) 139, , ,723 Cash in bank ACES (CCU & Wells) 69,234 69,234 90,315 Total Cash & Cash Equivalents 6,031,149 1,853,809 5,043,450 12,928,408 4,103,434 1,534,207 4,023,781 Accounts Receivable Accounts Receivable 7,585 2,395 7,513 17,493 3, ,736 Total Accounts Receivable 7,585 2,395 7,513 17,493 3, ,736 Intraschool Receivable (Payable) Intercompany TAS (22,027) 19,055 (2,972) (23,276) (52,867) Intercompany WAHS (19,055) (19,055) 52,867 Intercompany ACES 22,027 22,027 23,276 Total Interfund Balances 2,972 (22,027) 19,055 76,143 (23,276) (52,867) Prepaid Expenses Prepaid Expenses 20,184 26,500 46,684 16,992 Earned Salary Advance Total Prepaid Expenses 20,184 26,500 46,684 16,992 Total Current Assets 6,061,890 1,860,677 5,070,018 12,992,585 4,199,583 1,511,444 3,974,650 Longterm Assets Property & Equipment Building 49,345,453 49,345,453 49,271,144 Acc. Depr Building (8,086,461) (8,086,461) (7,111,541) Equipment 959, , ,350 Acc. Depr Equipment (935,751) (935,751) (934,894) Site costs 7,211,702 7,211,702 6,584,907 Total Property & Equipment 41,282,591 7,211,702 48,494,293 42,184,059 6,584,907 Total Longterm Assets 41,282,591 7,211,702 48,494,293 42,184,059 6,584,907 Total Assets 47,344,481 9,072,379 5,070,018 61,486,878 46,383,642 8,096,351 3,974,650 FINANCIALS 315 4/24/2015

3 The Accelerated Schools Comparative Statement of Financial Position As of 3/31/2015 and 3/31/14 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/15 AS OF 3/31/14 AS OF 3/31/14 AS OF 3/31/14 The Accelerated School Accelerated Charter Elementary School Wallis Annenberg High School Total The Accelerated School Charter Elementary Wallis Annenberg High School Liabilities Shortterm Liabilities Accounts Payable Accounts Payable Current 131,081 11,639 42, ,006 40,270 12,812 15,553 AP ACES Construction 36,975 36,975 3,231 Accounts Payable Cafeteria 31,565 31,565 1,556 Accounts Payable Keck 7,248 7,248 7,683 Total Accounts Payable 169,894 48,614 42, ,794 49,509 16,043 15,553 Accrued Payroll and Related Salaries Payable 204,364 48,185 81, , ,378 35,007 59,869 Payroll Taxes Payable 25,891 7,638 13,164 46,693 66,567 16,793 30,647 W/C Insurance Payable 9,181 2,629 4,293 16,103 7,814 1,953 3,482 Tax Shelter Annuity Payable (750) (750) 3, Accrued Interest & Expenses 47,346 19,488 9,068 75,902 6,510 3,287 5,621 Deferred Revenue Energy Current portion of long term debt 465, , ,839 Union Dues (1,667) (751) (1,332) (3,750) 1, ,396 Total Accrued Payroll and Related 750,204 77, , , ,122 57, ,215 Accrued Vacation Payable Accrued Vacation Payable 163,611 50,653 58, , ,207 47,075 45,340 Total Accrued Vacation Payable 163,611 50,653 58, , ,207 47,075 45,340 Total Shortterm Liabilities 1,083, , ,478 1,467, , , ,108 Longterm Liabilities Notes Payable Loans 3,124,467 3,124,467 3,741,198 Total Notes Payable 3,124,467 3,124,467 3,741,198 Total Longterm Liabilities 3,124,467 3,124,467 3,741,198 Total Liabilities 4,208, , ,478 4,592,110 4,724, , ,108 Net Assets Beginning Net Assets Net Assets Fund Balance Board Designated Expenditures 1,338, , ,483 2,537, , , ,649 Fund BalanceBoard DesignatedReplacement 588, , , , ,545 73, ,392 Fund BalanceBoard Designated Vacation 115,448 33,253 40, , ,507 31,287 60,688 Fund Balance Board Designated Debt Service 394, , , , ,062 Total Fund Balance Board Designated 2,437, ,736 1,284,074 4,274,093 1,964, ,963 1,033,791 Beginning Fund Balance 39,714,504 7,601,343 2,716,346 50,032,193 39,302,907 5,977,024 2,407,531 Audit adjustments Other Restatements Total Beginning Net Assets 42,151,787 8,154,079 4,000,420 54,306,286 41,267,690 6,376,987 3,441,322 Total Current YTD Net Income (Loss) 984, , ,120 2,588, ,916 1,598, ,220 Total Net Assets 43,136,305 8,895,923 4,862,540 56,894,768 41,659,606 7,975,499 3,812,542 Total Liabilities and Net Assets 47,344,481 9,072,379 5,070,018 61,486,878 46,383,642 8,096,351 3,974, FINANCIALS 315 4/24/2015

4 The Accelerated Schools Comparative Statement of Financial Position As of 3/31/2015 and 3/31/14 AS OF 3/31/14 Total 8,581, ,911 84,459 12,936 28,452 34, , ,723 90,315 9,661,422 7,263 7,263 (76,143) 52,867 23,276 16,992 16,992 9,685,677 49,271,144 (7,111,541) 959,350 (934,894) 6,584,907 48,768,966 48,768,966 58,454,643 FINANCIALS 315 4/24/2015

5 The Accelerated Schools Comparative Statement of Financial Position As of 3/31/2015 and 3/31/14 AS OF 3/31/14 Total 68,635 3,231 1,556 7,683 81, , ,007 13,249 3,600 15, ,839 3, , , ,622 1,265,798 3,741,198 3,741,198 3,741,198 5,006,996 1,860, , , ,700 3,398,537 47,687,462 51,085,999 2,361,648 53,447,647 58,454,643 FINANCIALS 315 4/24/2015

6 The Accelerated School 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 Increase (Decrease) REVENUE Accrual TOTAL Local Control Funding Formula General Purpose LCFF 184, , , , , , , , ,078 2,628,207 (64,169) 2,564,038 2,091, ,651 In Lieu Prop Tax 63, ,458 84,305 84,305 84,305 84,305 84, , , ,742 (34,926) 861, ,801 (113,985) Categorical Block Grant (2) (2) (4) (4) (4) Education Protection Act 201, , , ,917 (15,693) 604, , ,424 Total LCFF Revenue 617, , ,135 4,144,862 (114,788) 4,030,074 3,548, , , , , , , ,610 Federal Revenues NCLB Title I 75,286 59,720 81, ,240 3, , ,228 30,879 NCLB Title II 1,014 3,070 4,084 4,084 3, NCLB Title III 6,699 19, ,632 26,632 19,371 7,261 Special Ed IDEA 8,405 16,811 11,208 11,207 11,207 11,207 11,207 19,613 10, ,408 (8,215) 103,193 96,368 6,825 Child Nutrition 9,192 39, ,160 29,841 36, , , , , ,310 15,363 Other Federal Revenue 12,420 (4,167) 8,253 8,253 14,228 (5,975) Total Federal Revenues 29, ,953 1,050, ,598 1,231,942 1,176,649 55,293 8,405 86,494 28,112 50, ,087 60,934 58,739 State Revenues Special EducationAB602 23,682 47,364 31,576 31,576 31,576 31,576 31,577 55,258 29, ,888 (28,977) 284, ,277 (366) State Lottery Non prop 20 2,215 26,826 29,041 41,646 70,687 69,582 1,105 State Lottery Prop 20 2, ,082 16,898 19,980 19, Child Nutrition State 3, , ,446 8,107 49,449 15,433 64,882 62,285 2,597 ASES After School 80,931 80,931 3,735 84,666 90,891 (6,225) Other State Revenues 180 9,873 52,428 64,266 1,911 29, ,067 (30,088) 127,979 56,747 71,232 Total State Revenues 40,288 41, , ,530 63,615 67, ,458 18, , ,043 69,062 23, ,295 31,576 Local Revenues Food Service Sales 1,890 4,014 3,734 1,602 1,266 1,298 1,689 1,012 16,505 16,505 39,828 (23,323) Rent Wallis Annenberg 22,124 22,124 22,124 22,123 22,124 22,124 22,124 22,124 22, , , ,674 (3,559) Interest , , ,688 14,688 7,296 7,392 Keck Center 39,336 37,488 40,293 39,468 39,039 38,181 38, , , ,870 (26,884) Fundraising/Others 6,996 6,884 1, ,097 10,675 25,772 18,745 7,027 Grants and Donations 1,346 3, ,919 9,366 2,500 2,396 25,748 2,708 60,215 (2,366) 57,849 55,905 1,944 LA Best 3,738 2,793 7,449 2,786 16,766 10,257 27,023 29,344 (2,321) Other Local Revenues , ,641 2,641 8,005 (5,364) Reimbursement School expenses 2,840 4,350 1, ,658 12,288 12,288 7,978 4,310 Total Local Revenues 23,481 30,699 70,281 89,915 83,079 81,050 64,876 99,090 66, ,301 18, , ,645 (40,778) Total Revenue 303, , , , ,556 1,243, , ,054 1,087,137 6,438, ,023 6,542,988 5,978, ,663 W/O Incentive Grant FINANCIALS /24/2015

7 The Accelerated School Expenditures Certificated Salaries 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 Teachers 124, , , , , , , ,973 1,038,077 1,069,021 (30,944) Substitutes 1,547 7,535 10,444 10,281 5,817 4,134 6,213 8,832 12,150 66,953 77,654 (10,701) Teachers Extra pay 1,631 1,218 2,744 6,998 5,320 4,893 10,059 11,201 9,191 53,255 26,084 27,171 Administrators 39,031 35,913 27,508 31,325 36,249 49,775 31,495 31,495 37, , ,304 (104,850) Total Certificated Salaries 42, , , , , , , , ,977 1,478,739 1,598,063 (119,324) Classified Salaries Keck teachers & Staff 4,002 12,925 15,630 13,906 8,867 8,802 8,498 12,782 13,963 99, ,933 (5,558) Instructional Aides 1,192 6,780 7,376 8,701 5,684 6,354 7,714 7,398 8,576 59,775 61,640 (1,865) Classified Admin. and Office 33,380 32,148 33,521 34,619 32,961 31,795 34,392 31,613 34, , ,186 (13,713) Facility maintenance 9,950 11,005 11,942 12,558 9,580 11,625 12,041 10,973 12, , ,293 (2,783) Security 2,615 6,715 9,019 10,423 6,370 8,455 9,134 9,643 10,506 72,880 55,640 17,240 Food Services 16,490 24,382 31,290 31,353 25,323 24,098 24,871 27,178 32, , ,844 34,314 After School Program 812 5,282 6,871 12,105 7,033 7,440 10,156 10,386 10,628 70,713 70, Total Classified Salaries 68,441 99, , ,665 95,818 98, , , , , ,719 28,165 Employee Benefits STRS Certificated 3,707 13,358 14,164 15,443 14,912 14,394 15,368 15,702 15, , ,221 (5,351) Medicare Certificated 597 2,440 2,343 2,490 2,410 2,325 2,484 2,539 2,558 20,186 22,336 (2,150) Medicare Classified 967 1,403 1,606 1,845 1,449 1,452 1,604 1,648 1,747 13,721 12, Social Security (OASDI) Classified 4,135 6,130 6,864 7,271 5,581 5,961 6,858 7,045 7,468 57,313 55,646 1,667 H&W Certificated 16,660 14,634 16,569 22,676 22,134 21,254 22,423 21,996 22, , ,690 (26,043) H&W Classified 12,355 10,304 11,832 10,816 10,009 9,642 9,537 10,210 10,245 94,950 94, State Unemployment Certificated ,755 2,328 (573) State Unemployment Classified , ,362 Workers Comp Certificated (911) 1,535 3,971 4,280 4,878 3,745 4,705 4,627 4,638 31,468 35,232 (3,764) Workers Comp Classified ,885 3,212 2,996 2,333 3,071 3,032 3,197 21,474 19,826 1,648 Total Employee Benefits 37,736 51,157 60,366 68,994 64,498 61,231 67,114 66,939 68, , ,680 (31,524) Books and Supplies Textbooks 2,577 9, ,643 27,424 (14,781) Professional and Other Books 3,094 1, ,865 1,849 4,016 Instructional Materials 10,594 23,350 11,426 3,664 6,659 2,399 6,803 1,951 2,061 68,907 40,604 28,303 Computer equip. & software , ,847 8,531 (5,684) Office supplies ,469 1,577 1, ,188 7, Janitorial supplies 1,812 3,001 4,565 4,849 2,367 2,342 4,424 3,588 3,269 30,217 29, Cafeteria supplies 2,177 3,362 3,536 2,595 2,269 4,245 2,793 3,487 24,464 27,678 (3,214) Food Meetings 1,227 2,905 2,448 1, , ,324 9,208 6,116 Other Supplies 3,337 3,446 2,718 8,787 4,163 5,310 2,544 4,203 1,423 35,931 35, Noncapital Equipment 8,853 2,700 11,553 4,637 6,916 Food cost 4,325 38,489 56,955 55,241 33,707 38,343 53,017 43,840 44, , ,141 (61,432) Total Books and Supplies 27,349 84,864 95,006 79,082 52,482 58,103 73,835 58,435 55, , ,264 (37,616) Other Operating Expenses Travel and Conferences (735) 806 1, ,050 1, (85) 4,481 17,455 (12,974) Dues and Memberships 11,918 2, , ,623 3,762 2, ,462 41,502 (15,040) Insurance 46,380 46,380 48,255 (1,875) Utilities 14,242 18,307 20,018 12,399 16,398 11,980 10,996 12,679 14, , ,576 (3,950) Trash disposal ,369 4, Rents and rentals Repairs 2,831 3,847 1,834 3,261 4,361 4,873 5,157 12,037 6,402 44,603 49,457 (4,854) Service contracts 1,249 5,121 5,782 3,159 6,157 5,883 4,163 5,443 6,072 43,029 37,958 5,071 Other contracted serviceslacoe 2 2, , ,719 6,259 (540) Student activities 504 1,260 1, , ,087 4,692 11,694 13,401 (1,707) Accounting & Legal 65 6,599 2,389 5,170 2,244 8, ,744 49,906 (23,162) License and fees 146 1, , ,326 1,197 2,129 Computer services 1,552 (1,552) Outside consultants 10,674 25,550 72,447 93,724 40,050 32,101 34,605 55,399 76, , , ,745 Outside substitutes 3,022 7,144 10,130 12,780 2,288 8,453 9,059 12,599 65,475 19,817 45,658 Fingerprints and medical , (115) 3,689 2,248 1,441 Other charges 6,357 12,896 8,557 8,558 8,557 8,556 8,557 29,948 (6,925) 85, ,476 (77,415) Other services , ,563 7,465 (1,902) Communications 1, ,990 3,853 4,213 4,048 (13,517) ,435 16,533 (9,098) Total Other Operating Expenses 96,663 81, , , ,048 80,721 73, , , , , ,535 Capital Outlay Capitalized purchases 24,425 24, ,425 Depreciation Expense 81,456 81,456 81,456 81,456 81,747 81,746 81,746 81,747 81, , , Total Capital Outlay 81,456 81, ,881 81,456 81,747 81,746 81,746 81,747 81, , ,546 24,582 Other Outgo LAUSD Oversight Fees (2,711) 11,588 2,920 4,970 3,942 3,946 3,945 6,905 6,619 42,124 31,837 10,287 Interest on Debt Service 16,199 16,199 16,199 16,199 16,199 16,199 16,199 16,200 15, , ,395 (18,204) Total Other Outgo 13,488 27,787 19,119 21,169 20,141 20,145 20,144 23,105 22, , ,232 (7,917) Total Expenditures 367, , , , , , , , ,848 5,454,447 5,492,546 (38,099) Increase (Decrease) Increase (Decrease) in Net Assets (64,177) (96,854) 116,856 (124,100) (1,907) 659,102 63,144 13, , , , ,739 ADDITIONAL ACCRUED REVENUE 104, ,023 ACCRUED REVENUE CHANGE 39,700 (18,036) 302, ,609 (501,138) 194, ,874 (267,151) FACILITY INCENTIVE GRANT (62,499) (20,833) (83,332) (83,332) Adjusted Net Increase (Decrease) in Net Assets (64,177) (57,154) 98, , , , , , ,138 1,005, , ,430 FINANCIALS /24/2015

8 The Accelerated School % Change REVENUE Local Control Funding Formula General Purpose LCFF In Lieu Prop Tax Categorical Block Grant Education Protection Act Total LCFF Revenue 22.60% 11.68% 25.41% 13.56% Federal Revenues NCLB Title I NCLB Title II NCLB Title III Special Ed IDEA Child Nutrition Other Federal Revenue Total Federal Revenues 16.32% 29.90% 37.48% 7.08% 1.80% 41.99% 4.70% State Revenues Special EducationAB602 State Lottery Non prop 20 State Lottery Prop 20 Child Nutrition State ASES After School Other State Revenues Total State Revenues 0.13% 1.59% 3.73% 4.17% 6.85% % 11.82% Local Revenues Food Service Sales Rent Wallis Annenberg Interest Keck Center Fundraising/Others Grants and Donations LA Best Other Local Revenues Reimbursement School expenses Total Local Revenues Total Revenue W/O Incentive Grant 58.56% 1.76% % 9.00% 37.49% 3.48% 7.91% 67.01% 54.02% 6.10% 9.45% 8.05% FINANCIALS /24/2015

9 The Accelerated School % Change Expenditures Certificated Salaries Teachers Substitutes Teachers Extra pay Administrators Total Certificated Salaries Classified Salaries Keck teachers & Staff Instructional Aides Classified Admin. and Office Facility maintenance Security Food Services After School Program Total Classified Salaries Employee Benefits STRS Certificated Medicare Certificated Medicare Classified 2.89% 13.78% % 24.65% 7.47% 5.30% 3.03% 4.39% 2.64% 30.98% 16.92% 0.76% 3.09% 4.17% 9.63% 6.15% Social Security (OASDI) Classified H&W Certificated H&W Classified State Unemployment Certificated State Unemployment Classified Workers Comp Certificated Workers Comp Classified Total Employee Benefits Books and Supplies Textbooks Professional and Other Books Instructional Materials Computer equip. & software Office supplies Janitorial supplies Cafeteria supplies Food Meetings Other Supplies Noncapital Equipment Food cost Total Books and Supplies Other Operating Expenses Travel and Conferences Dues and Memberships Insurance Utilities Trash disposal Rents and rentals Repairs Service contracts Other contracted serviceslacoe Student activities Accounting & Legal License and fees Computer services Outside consultants Outside substitutes Fingerprints and medical Other charges Other services Communications Total Other Operating Expenses Capital Outlay Capitalized purchases Depreciation Expense Total Capital Outlay Other Outgo LAUSD Oversight Fees Interest on Debt Service Total Other Outgo Total Expenditures Increase (Decrease) in Net Assets 3.00% 12.60% 0.94% 24.61% % 10.68% 8.31% 5.46% 53.90% % 69.70% 66.63% 9.28% 2.17% 11.61% 66.42% 2.30% % 14.28% 6.05% 74.33% 36.24% 3.89% 2.91% 11.64% #DIV/0! 9.81% 13.36% 8.63% 12.74% 46.41% % % 86.69% % 64.10% 47.65% 25.48% 55.03% 12.39% 0.02% 3.35% 32.31% 11.14% 4.06% 0.69% % ADDITIONAL ACCRUED REVENUE ACCRUED REVENUE CHANGE FACILITY INCENTIVE GRANT Adjusted Net Increase (Decrease) in Net Assets % FINANCIALS /24/2015

10 THE ACCELERATED SCHOOL CURRENT YEAR REVENUES AND AR 20885CY REVENUE MARCH Revenues Received Resource Obj Jul14 Aug14 Sep14 Oct14 Nov14 Dec14 Jan15 Feb15 Mar15 Total Revenue Per GL Est. Revenue Revenue Accrued Revenue % REVENUE LIMIT GP ENT 184, , , , , , , , , ,640, ,552,999 73% 2,593,689 (46,378) GP ENT PY (5,930.00) (5,930.00) (11,860.00) (29,651) 100% (29,651) (17,791) EPA 201, , , , ,118 73% 600,876 (19,041) EPAPY 3, % 3,348 3,348 x Correct PY GP PROPERTY TAXES 63, , , , , , , , , , ,180,570 73% 861,816 (61,229) PROPERTY TAXES PY ADJ 26, % CATERGORICAL BLOCK GRANT (2.00) (2.00) (4.00) A/R ADJUSTMENT 5,556,686 FEDERAL REVENUES SPECIAL EDUCATION IDEA 8, , , , , , , , , , ,360 73% 103,193 (8,215) SPECIAL EDUCATION PRIOR YEAR ADJ NATIONAL SCHOOL LUNCH FEDERAL 9, , , , , , , , , NATIONAL SCHOOL LUNCH FEDERALPY , (240.80) 10, EQUIPMENT ASSISTANCE 12, (4,167.37) 8, TITLE I BASIC 75, , , , ,517 73% 220,107 3, TITLE I BASIC PY TITLE II TEACHER QUALITY 1, , , , % 4, TITLE III IMMIGRANT TITLE III LEP 6, , , , % 26, TITLE III LEP PY ERate STATE REVENUES SPECIAL EDUCATION AB602 23, , , , , , , , , , ,292 73% 284,913 (28,977) SPECIAL EDUCATION OPTION 3 GRANT 9, , , , ,416 5% 1021 (19,395) MANDATED COSTSMANDATE BACKLOG 9, , , ,094 73% 41,679 (10,693) STATE LOTTERY 26, , ,472 73% 68,235 41, STATE LOTTERY PY Adj 2, , ,360 73% 2, STATE LOTTERY 24,288 73% 17,730 17, STATE LOTTERY PY Adj 2, , ,082 73% 2,250 (832) CHILD NUTRITION STATE , , , , , CHILD NUTRITION STATEPY 2, (134.86) 2, OTHER STATE REVENUE 1, , CALIFORNIA ENERGY CLEAN JOBS ASES 80, , ,509 68% 84,666 3, FACILITY INCENTIVE GRANT PROGRAM 62, , , Testing SSIM LOCAL REVENUES LOCAL FOOD SALES 1, , , , , , , , , LOCAL FOOD SALESPY INTERSCHOOL SALES 1, , , INTEREST , , , INTERESTFOOD SERVICE INTERESTKECK INTERESTFederal interest payment over INTERESTFUND Reimb. School expense 2, , , , , Reimb. School expense WAHS RENT PAYMENT 22, , , , , , , , , , KeckLAUP 39, , , , , , , , LA BEST 3, , , , , , ALL OTHER SALES Fundraising School activitiesbox Tops OTHER LOCAL REVENUES , , Microsoft voucher program 27,775 73% Fundraising School activities 5, , % (4,089) FundraisingGrantsPAT 8, , % 6,398 (2,366) Fundraising School activities 6, , % 2,715 (5,512) FundraisingGrants 2, , , , Fundraising Contributions 1, , , , , , , TOTAL 303, , , , , ,243, , , ,087, ,465, ,023 FINANCIALS 315 4/24/2015

11 Accelerated Charter Elementary School 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 Increase (Decrease) REVENUE Accrual TOTAL Local Control Funding Formula General PurposeLCFF 68,694 68, , , , , , , ,751 1,009,130 (6,669) 1,002, , ,476 In Lieu Prop Tax 23,934 47,868 31,912 31,912 31,912 31,912 31,912 55,846 65, , , ,967 (44,696) Categorical Block Grant (1) (1) (1) (1) Education Protection Act 75,139 75,139 94, ,061 (7,920) 237, ,850 58,291 Total LCFF Revenue 92, , , , , , , , ,187 1,607,051 (14,179) 1,592,872 1,305, ,070 Federal Revenues NCLB Title I 29,355 46,179 42, ,879 (31,827) 86,052 43,350 42,702 NCLB Title II 400 1,209 1,609 1,609 1, NCLB Title III 3,630 10, ,388 14,388 8,243 6,145 Special Ed IDEA 3,182 6,363 4,242 4,242 4,242 4,242 4,242 7,424 5,597 43,776 (5,485) 38,291 36,471 1,820 Child Nutrition Other Federal Revenue Total Federal Revenues 3,182 6,363 33,597 8,272 4,242 50,421 14,930 8,633 48, ,652 (37,312) 140,340 89,092 51,248 State Revenues Special EducationAB602 8,964 17,929 11,952 11,953 11,953 11,953 11,952 20,917 15, ,343 (15,455) 107, ,941 (53) State Lottery Non prop ,820 16,525 14,298 30,823 27,256 3,567 State Lottery Prop ,707 2,507 6,044 8,551 7,193 1,358 Child Nutrition State ASES After School 73,125 73,125 9,000 82,125 73,912 8,213 Other State Revenues 68 3,737 22,591 76, , ,597 25, , ,861 (96,219) Total State Revenues 13,526 15,690 34, ,979 21,236 20, ,097 38, , ,163 (83,134) 8,964 91,054 11,952 Local Revenues Food Service Sales Rent Wallis Annenberg Interest , , ,013 5,013 1,217 3,796 Keck Center Fundraising/Others 7,478 (7,478) Grants and Donations 136, , , ,012 (500) 336,512 1,215,570 (879,058) LA Best Other Local Revenues 2,920 4,130 4,668 11,718 11,718 10, Reimbursement School expenses Total Local Revenues , , ,543 4,147 2,570 4, ,743 (500) 353,243 1,235,139 (881,896) Total Revenue 104, , , , , , , , ,030 2,461,543 (13,059) 2,448,484 3,075,196 (626,712) W/O Construction FINANCIALS /24/2015

12 Accelerated Charter Elementary School 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 Increase (Decrease) Expenditures Certificated Salaries Teachers 60,996 63,320 60,996 60,620 62,182 56,708 60,222 65, , ,609 46,760 Substitutes 2,586 4,520 2, ,731 3,450 6,281 Teachers Extra pay 6, ,968 5,120 4,848 Administrators 13,571 19,393 17,580 13,969 12,353 15,746 14,109 14,109 16, , ,133 32,319 Total Certificated Salaries 20,116 80,599 81,012 75,497 73,799 80,710 75,862 76,599 83, , ,312 90,208 Classified Salaries Keck teachers & Staff Instructional Aides 5,914 5,123 7,669 8,925 5,369 5,613 5,720 5,302 4,519 54,154 47,714 6,440 Classified Admin. and Office 11,144 12,686 12,473 14,463 13,498 14,419 15,164 14,933 15, , ,232 3,282 Facility maintenance 1,834 2,179 2,611 2,669 2,379 2,725 2,690 2,627 2,912 22,626 20,300 2,326 Security 319 4,368 5,844 6,620 4,256 4,454 5,510 5,517 4,669 41,557 34,076 7,481 Food Services After School Program 1,500 7,747 8,048 9,755 7,573 9,461 10,660 9,351 8,594 72,689 73,651 (962) Total Classified Salaries 20,711 32,103 36,645 42,432 33,075 36,672 39,744 37,730 36, , ,973 18,567 Employee Benefits STRS Certificated 1,653 6,846 6,645 6,526 6,532 6,462 6,532 6,531 6,593 54,320 44,575 9,745 Medicare Certificated 270 1,107 1,075 1,053 1,054 1,043 1,059 1,068 1,067 8,796 7,761 1,035 Medicare Classified ,797 4, Social Security (OASDI) Classified & Cerificated 1,374 2,202 2,545 2,749 2,168 2,239 2,601 2,522 2,209 20,609 18,361 2,248 H&W Certificated 10,092 12,046 12,813 13,025 11,942 12,324 12,897 12,732 12, , ,147 4,259 H&W Classified 4,593 1,864 2,124 3,176 3,174 3,626 3,930 3,540 3,504 29,531 22,303 7,228 State Unemployment Certificated ,901 (2,396) State Unemployment Classified Workers Comp Certificated ,965 1,902 2,156 1,630 2,174 1,959 2,046 14,413 12,032 2,381 Workers Comp Classified ,076 1,147 1, ,242 1, ,974 6,851 1,123 Total Employee Benefits 18,726 25,663 28,897 30,351 28,646 28,670 31,113 30,024 29, , ,373 26,223 Books and Supplies Textbooks 3,063 3,063 20,295 (17,232) Professional and Other Books ,257 (978) Instructional Materials 4,278 10,802 11,495 4,719 3,871 12,585 4,565 1,157 7,302 60,774 39,162 21,612 Computer equip. & software (127) Office supplies ,782 (902) Janitorial supplies , ,471 3,190 1,281 Cafeteria supplies Food Meetings , ,298 Other Supplies , ,782 5,371 4,150 1,221 Noncapital Equipment 1,224 2,021 3,245 3,245 Food Services Total Books and Supplies 4,880 16,167 12,440 5,473 5,898 14,199 7,427 2,532 11,685 80,701 70,283 10,418 Other Operating Expenses Travel and Conferences 1, , ,953 11,612 (6,659) Dues and Memberships 4, , ,405 1, ,311 6,906 3,405 Insurance 18,275 18,275 15,153 3,122 Utilities ,063 1, ,021 1, ,019 11, Trash disposal ,760 2,899 (139) Rents and rentals 17,000 17,000 17,000 17,000 17,000 17,000 17,000 17,000 20, , ,000 12,516 Repairs 1,818 6,164 4, ,037 17,491 12,175 5,316 Service contracts , ,210 5, Other contracted serviceslacoe 1, , ,104 3,399 (295) Student activities ,545 (3,864) Accounting & Legal 154 4, , ,761 11,731 14,333 (2,602) License and fees Computer services Outside consultants 639 5,731 3,043 24,120 6,660 4,184 3,639 16,943 31,706 96,665 44,038 52,627 Outside substitutes ,309 8,046 1,622 5,120 6,651 4,579 29,852 6,908 22,944 Fingerprints and medical , Other charges 3,005 4,282 3,239 3,239 3,239 3,239 3,239 11,336 (1,395) 33,423 58,149 (24,726) Other services ,665 2,338 (673) Communications , Total Other Operating Expenses 45,392 33,439 37,473 58,081 41,486 30,806 37,507 57,235 66, , ,683 63,400 Capital Outlay Capitalized purchases Depreciation Expense Total Capital Outlay Other Outgo LAUSD Oversight Fees (1,024) 4,286 1,098 1,801 1,449 1,450 1,450 2,537 3,212 16,259 10,901 5,358 Interest on Debt Service Total Other Outgo (1,024) 4,286 1,098 1,801 1,449 1,450 1,450 2,537 3,212 16,259 10,901 5,358 Total Expenditures 108, , , , , , , , ,821 1,719,699 1,505, ,174 Increase (Decrease) in Net Assets (4,024) 21,727 78, ,501 91, ,700 87,513 8, , ,844 1,569,671 (840,886) ADDITIONAL ACCRUED REVENUE (13,059) (13,059) ACCRUED REVENUE CHANGE (25,104) (25,921) 85,864 85,344 (77,937) 4,884 37,003 (97,192) Construction (3) (4) (135,004) (100,008) (100,844) (12) (571) 13,210 (323,236) (1,210,000) 886,764 Adjusted Net Increase (Decrease) in Net Assets (3,380) 52,765 54,361 76,486 46,919 92,385 44,810 45, , ,671 45,878 FINANCIALS /24/2015

13 Accelerated Charter Elementary School % Change REVENUE Local Control Funding Formula General PurposeLCFF In Lieu Prop Tax Categorical Block Grant Education Protection Act Total LCFF Revenue 37.51% 11.23% 32.59% 21.98% Federal Revenues NCLB Title I NCLB Title II NCLB Title III Special Ed IDEA 98.51% 56.52% 74.55% 4.99% Child Nutrition Other Federal Revenue Total Federal Revenues #DIV/0! 57.52% State Revenues Special EducationAB602 State Lottery Non prop 20 State Lottery Prop 20 Child Nutrition State ASES After School 0.05% 13.09% 18.88% 11.11% Other State Revenues Total State Revenues 42.04% 18.67% Local Revenues Food Service Sales Rent Wallis Annenberg Interest Keck Center Fundraising/Others Grants and Donations LA Best Other Local Revenues Reimbursement School expenses Total Local Revenues Total Revenue W/O Construction % % 72.32% 7.76% #DIV/0! 71.40% 20.38% 13.94% FINANCIALS /24/2015

14 Accelerated Charter Elementary School % Change Expenditures Certificated Salaries Teachers Substitutes Teachers Extra pay Administrators Total Certificated Salaries Classified Salaries Keck teachers & Staff Instructional Aides Classified Admin. and Office Facility maintenance Security Food Services After School Program Total Classified Salaries Employee Benefits STRS Certificated Medicare Certificated Medicare Classified Social Security (OASDI) Classified & Cerificated H&W Certificated H&W Classified State Unemployment Certificated State Unemployment Classified Workers Comp Certificated Workers Comp Classified Total Employee Benefits Books and Supplies Textbooks Professional and Other Books Instructional Materials Computer equip. & software Office supplies Janitorial supplies Cafeteria supplies Food Meetings Other Supplies Noncapital Equipment 10.54% % 94.69% 30.74% 16.19% 13.50% 2.71% 11.46% 21.95% 1.31% 6.25% 21.86% 13.34% 13.06% 12.24% 4.01% 32.41% 82.59% 23.12% 19.79% 16.39% 11.64% 84.91% 77.80% 55.19% 88.81% 50.62% 40.16% % 29.42% #DIV/0! Food Services Total Books and Supplies Other Operating Expenses Travel and Conferences Dues and Memberships Insurance Utilities Trash disposal Rents and rentals Repairs Service contracts Other contracted serviceslacoe Student activities Accounting & Legal License and fees Computer services Outside consultants Outside substitutes Fingerprints and medical Other charges Other services Communications Total Other Operating Expenses Capital Outlay 14.82% 57.35% 49.30% 20.60% 0.98% 4.79% 8.69% 43.66% 17.99% 8.68% 85.02% 18.15% 0.00% #DIV/0! % % % 42.52% 28.79% % 18.39% Capitalized purchases Depreciation Expense Total Capital Outlay Other Outgo LAUSD Oversight Fees Interest on Debt Service Total Other Outgo Total Expenditures 49.15% 49.15% 14.23% Increase (Decrease) in Net Assets 53.57% ADDITIONAL ACCRUED REVENUE ACCRUED REVENUE CHANGE Construction Adjusted Net Increase (Decrease) in Net Assets 12.76% FINANCIALS /24/2015

15 20887CY REVENUE MARCH ACCELERATED CHARTER ELEMENTARY CURRENT YEAR REVENUES AND AR Revenues Received Est. Revenue Revenue Total Revenue Resource Obj Jul14 Aug14 Sep14 Oct14 Nov14 Dec14 Jan15 Feb15 Mar15 Per GL Accrued Revenue REVENUE LIMIT LAUSD REV TO BE R/C GP ENT 68, , , , , , , , , ,013, ,388,584 73% 1,013, GP ENT PY ADJ (2,241.00) (2,241.00) (4,482.00) (11,205) 100% (6,723) EPA 75, , , , ,140 73% 235,892 (9,169) , EPAPY 1, % 1, PROPERTY TAXES 23, , , , , , , , , , ,294 73% 343,314 (9,546) PROPERTY TAXES PY ADJ 9, % 9,956 2,182, BLOCK CATEGORICAL (1.00) (1.00) (2.00) FEDERAL REVENUES SPECIAL EDUCATION IDEA 3, , , , , , , , , , ,312 68% 38,292 (5,485) SPECIAL EDUCATION PRIOR YEAR ADJ TITLE I BASIC 29, , , , ,879 73% 86,052 (31,827) TITLE I BASIC PY TITLE II TEACHER QUALITY , , , % 1, TITLE III IMMIGRANT TITLE III LEP 3, , , , % 14, TITLE III LEP PY STATE REVENUES SPECIAL EDUCATION AB602 8, , , , , , , , , , ,659 68% 107,888 (15,455) SPECIAL EDUCATION OPTION 3 GRANT 6, , , ,822 30% 2,047 (9,158) STATE LOTTERY 15, , ,433 73% 25,866 10, STATE LOTTERY PY ,790 73% 4,956 4, STATE LOTTERY 9,207 73% 6,721 6, STATE LOTTERY PY , , ,507 73% 1,830 (677) COMMON CORE MANDATED COSTSMANDATE BACKLOG 3, , , ,612 73% 15,777 (4,047) CALIFORNIA ENERGY CLEAN JOBS SSIM ASES 73, , ,500 73% 82,125 9, FACILITY SB , , ,000 3/4 114,750 38, TESTING BTSA LOCAL REVENUES LOCAL FOOD SALES INTEREST , , , INTERESTfund , School Activities 8696 Fundraising PAT Fundraising FEDCO Microsoft voucher program 10, ALL OTHER SALES Fundraising School activitiesbox Tops DONATION FUND Construction FundraisingGrants Grant PAT 1, , % 1,351 (500) Fundraising Contributions FundraisingConstruction 135, , , , Other revenue ASES ACES 1 2, , , , TOTAL 104, , , , , , , , , ,461, (13,059) Construction (2.98) (4.44) (135,004.46) (100,007.68) (100,843.78) (12.11) (571.02) (7.00) (336,453.47) 2,125, FINANCIALS 315 4/24/2015

16 Wallis Annenberg High School Increase 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 (Decrease) % Change REVENUE Accrual TOTAL Local Control Funding Formula General PurposeLCFF 135, , , , , , , , ,683 1,914,395 (75,947) 1,838,448 1,505, , % In Lieu Prop Tax 40,995 81,990 54,660 54,660 54,660 54,660 54,660 95,655 79, ,718 (13,022) 558, ,931 (80,235) 12.56% Categorical Block Grant (1) (1) (2) (2) (2) #DIV/0! Education Protection Act 155, , , ,807 (14,255) 451, ,300 79, % Total LCFF Revenue 176, , , , , , , , ,740 2,951,918 (103,224) 2,848,694 2,516, , % Federal Revenues NCLB Title I 49,069 74,345 40, ,732 (29,741) 133,991 86,878 47, % NCLB Title II 677 2,048 2,725 2,725 1,547 1, % NCLB Title III ,357 (5,216) 97.37% Special Ed IDEA 5,450 10,900 7,266 7,266 7,266 7,266 7,267 12,716 5,675 71,072 (6,216) 64,856 61,813 3, % Child Nutrition Other Federal Revenue 8,910 (8,910) % Total Federal Revenues 5,450 10,900 56,335 7,990 7,266 81,611 7,314 14,764 46, ,670 (35,957) 201, ,505 37, % State Revenues Special EducationAB602 15,355 30,709 20,473 20,473 20,473 20,473 20,472 35,827 15, ,243 (17,515) 182, ,866 (138) 0.08% State Lottery Non prop 20 1,428 17,229 18,657 26,834 45,491 47,464 (1,973) 4.16% State Lottery Prop 20 1, ,974 10,886 12,860 12,959 (99) 0.76% Child Nutrition State ASES After School Other State Revenues ,203 36,398 50,670 1,591 23, ,478 (24,780) 106,698 33,961 72, % Total State Revenues 15,355 30,709 20,473 23,640 39,676 56,871 88,724 37,418 39, ,352 (4,575) 347, ,250 70, % Local Revenues Food Service Sales Rent Wallis Annenberg Interest , , ,558 14,558 9,876 4, % Keck Center Fundraising/Others 3, , ,154 2,979 8,568 20,002 20,002 23,133 (3,131) 13.53% Grants and Donations 39,386 4,000 43,386 (10,636) 32,750 33,866 (1,116) 3.30% LA Best Other Local Revenues #DIV/0! Reimbursement School expenses Total Local Revenues 5 3, ,129 2,220 11,549 1,159 10,489 8,574 78,186 (10,636) 67,550 66, % Total Revenue 197, , , , , , , , ,840 3,620,126 (154,392) 3,465,734 3,025, , % W/O Incentive Grant 12.32% FINANCIALS /24/2015

17 Wallis Annenberg High School Increase 7/17/31/14 8/18/31/14 9/19/30/14 10/110/31/14 11/111/30/14 12/112/31/14 1/11/31/15 2/12/28/15 3/13/31/15 TOTAL FY 1415 Total FY 1415 Total FY 1314 (Decrease) % Change Expenditures Certificated Salaries Teachers 98, , , , , , , , , ,446 (45,180) 5.00% Substitutes 2,786 8, ,100 2,400 1,500 3,450 22,202 27,156 (4,954) 18.24% Teachers Extra pay 7,896 3,591 2,086 2,648 3,550 4,374 2,730 11,112 3,549 41,536 14,738 26, % AdministratorsALL 24,165 32,419 23,586 25,665 22,357 33,895 39,938 27,439 32, , ,781 (22,588) 7.93% Total Certificated Salaries 34, , , , , , , , ,426 1,185,197 1,231,121 (45,924) 3.73% Classified Salaries Keck teachers & Staff Instructional Aides 2,600 2,891 3,841 4,989 3,305 3,851 4,104 3,404 3,615 32,600 35,126 (2,526) 7.19% Classified Admin. and Office 20,144 20,729 22,394 23,264 20,433 22,798 21,478 19,447 20, , ,776 (2,207) 1.14% Facility maintenance 5,833 5,971 6,631 6,920 5,682 6,400 6,332 6,384 6,780 56,933 59,162 (2,229) 3.77% Security 4,568 6,769 4,971 6,076 6,511 5,807 6,904 7,440 7,618 56,664 59,812 (3,148) 5.26% Food Services After School Program Total Classified Salaries 33,145 36,360 37,837 41,249 35,931 38,856 38,818 36,675 38, , ,876 (10,110) 2.91% Employee Benefits STRS Certificated 2,040 11,741 11,069 11,600 11,603 12,064 13,044 12,598 12,098 97,857 91,439 6, % Medicare Certificated 395 1,949 1,782 1,862 1,862 1,938 2,097 2,025 1,944 15,854 15,995 (141) 0.88% Medicare Classified ,695 6,484 (789) 12.17% Social Security (OASDI) Classified 2,641 2,905 2,681 2,971 2,641 2,746 2,820 2,687 2,672 24,764 28,097 (3,333) H&W Certificated 15,346 16,681 16,095 17,907 18,785 18,820 18,575 18,038 17, , ,261 (11,478) 6.78% H&W Classified 7,751 3,694 4,159 3,987 3,867 4,436 3,573 3,426 3,461 38,354 37, % State Unemployment Certificated ,176 3,463 (2,287) 66.04% State Unemployment Classified (354) 62.11% Workers Comp Certificated 199 1,051 3,283 3,283 3,525 3,579 3,864 3,335 3,962 26,081 25, % Workers Comp Classified ,136 1,199 1,147 1,162 1, ,276 9,153 9,817 (664) 6.76% Total Employee Benefits 29,813 38,973 40,918 43,705 44,136 45,480 46,432 43,811 43, , ,354 (11,421) 2.94% Books and Supplies Textbooks 18,528 8,246 9,698 1,972 38,444 16,691 21, % Professional and Other Books (426) 91.81% Instructional Materials 1,539 5,162 5,059 3,244 4,299 1,390 9,883 1, ,228 23,731 8, % Computer equip. & software ,089 (3,301) 80.73% Office supplies ,171 1,838 1, % Janitorial supplies ,470 1, ,525 1, ,090 10,591 (1,501) 14.17% Cafeteria supplies Food Meetings 1, ,593 1,434 4, % Other Supplies 2,443 2,340 1,235 1,071 1,586 6,802 1,041 5,726 3,152 25,396 16,536 8, % Noncapital Equipment 1,816 1,816 4,220 (2,404) 56.97% Food Services Total Books and Supplies 23,229 18,809 20,758 8,607 7,453 10,224 13,246 9,431 4, ,564 79,594 36, % Other Operating Expenses Travel and Conferences (2,410) 1, ,080 4,316 5,081 (765) 15.06% Dues and Memberships 8,547 1, , ,495 14,374 13, % Insurance 31,193 31,193 31,382 (189) 0.60% Utilities 8,668 11,279 12,704 7,783 9,241 7,070 6,358 7,442 8,716 79,261 82,835 (3,574) 4.31% Trash disposal ,502 3, % Rents and rentals 22,124 22,124 22,124 22,123 22,124 22,124 22,124 22,124 22, , ,673 (3,558) 1.76% Repairs 4,215 2, ,756 4,139 1,626 2,096 1,302 4,206 22,025 20,229 1, % Service contracts 2,280 3,031 3,563 1,868 3,447 3,707 2,202 3,005 3,181 26,284 22,019 4, % Other contracted serviceslacoe 1, , ,063 4,191 (128) 3.05% Student activities 1,900 1, ,642 2,586 2,923 10,471 13,251 (2,780) 20.98% Accounting & Legal 262 3,440 1,270 12, ,108 19,187 38,681 (19,494) 50.40% License and fees 1, , , % Computer services #DIV/0! Outside consultants 3,182 8,528 27,445 26,100 18,046 15,908 17,914 27,927 24, , ,669 67, % Outside substitutes 2,325 10,566 14,935 6,007 2,663 9,932 8,635 9,111 64,174 16,479 47, % Fingerprints and medical ,832 (1,466) 80.02% Other charges 5,194 7,289 5,548 5,548 5,547 5,548 5,547 19,417 (5,376) 54, ,049 (50,787) 48.35% Other services ,411 1, (172) 1,124 7,222 3,712 3, % Communications #DIV/0! Total Other Operating Expenses 85,605 58,601 88,732 87,566 73,154 63,975 82,480 99,368 72, , ,781 46, % Capital Outlay Capitalized purchases Depreciation Expense Total Capital Outlay #DIV/0! Other Outgo LAUSD Oversight Fees (438) 6,703 2,045 3,525 2,785 2,785 2,784 4,873 4,680 29,742 23,346 6, % Interest on Debt Service Total Other Outgo (438) 6,703 2,045 3,525 2,785 2,785 2,784 4,873 4,680 29,742 23,346 6, % Total Expenditures 206, , , , , , , , ,796 2,758,006 2,736,072 21, % 11.86% Increase (Decrease) in Net Assets (8,484) (39,739) 215,059 49,105 50, ,973 59,181 25, , , , , % ADDITIONAL ACCRUED REVENUE (154,392) (154,392) ACCRUED REVENUE CHANGE (8,207) (126,288) 76,665 78,497 (179,107) 67,972 36,201 (100,125) FACILITY INCENTIVE GRANT (50,670) (16,890) (67,560) (67,560) Adjusted Net Increase (Decrease) in Net Assets (8,484) (47,946) 88, , , ,866 76,483 61, , , , , % FINANCIALS /24/2015