The Accelerated Schools Budget Assumptions

Transcription

1 Assumptions-TAS-FY The Accelerated Schools Budget Assumptions ALL TAS WAHS ACES Total Students 1, Attendance Rate 96% 96% 95% 96% Keck 0 0 Enrollment TK-K Enrollment Enrollment Enrollment ADA ADA % Breakdown by school % 45.61% 28.50% 25.89% Revenue Assumptions: Estimated increase in State general purpose funding 0.470% GP Entitlement (excl P. Tax & EPA, shown separately) COLA FEDERAL LCFF-TARGET CSR/CST BG TK-K % 0.00% $ 7,116 $ 740 $ 7, % 0.00% $ 7, % 0.00% $ 7, % 0.00% $ 8,618 $ 224 $ 8,842 Special Ed - AB Special Ed - IDEA Special Ed Fair Share Fee- Retained by LAUSD % OPTION 3 Special Ed Fair Share Fee- Retained by COP % OPTION 3 Property tax- Reduces General Purpose entitlement $ 1,675 Education Protection Act-Reduces General Purpose $ 1, Breakfast cost per meal $ 1.12 Lunch cost per meal $ 1.50 Supper cost per meal $ 1.50 School days meals served 180 Percent of students receiving breakfast 56% Breakfast revenue reimbursement $ 2.01 Percent of students receiving lunch 78% Lunch & Supper revenue reimbursement $ 3.18 State Nutrition See schedule Lottery $ 140 Lottery Prop 20 $ 41 Mandated costs $ 14 High school $ 42 Retro mandated $ 200 FY FY FY FY FY LCFF FACTOR-PER FCMAT 49.08% 45.34% 6.15% 34.21% COLA-FCMAT 0.47% 2.13% 2.65% 2.72% 1.02% INDIRECT COST RATE 3.75% 3.86% FY FY FY FY FY FY STRS 12.58% 14.43% 10.73% 16.28% 18.13% 19.10% OASDI 6.20% 6.20% 6.20% MEDICARE 1.45% 1.45% 1.45% SUI + PENALTY ( % of claims) 0.35% 1.50% 0.25% W/C INSURANCE 3.00% 3.50% 2.45% TOTAL CERTICATED 17.38% 20.88% 14.88% TOTAL CLASSIFIED 11.00% 12.65% 10.35% COLA 0.47% 2.48% 1.02% LOS ANGELES MINIMUM WAGE 7/1/2015 $ /1/2016 $ /1/2017 $ /1/2018 $ /1/2019 $ /1/2020 $ 15.00

2 ENROLLMENT BY GRADE-FY GRADE LEVELS TAS WAHS ACES TOTAL FY TK K TOTAL K % 28.71% 25.81% %

3 Projected Operating Budget16-17 THE ACCELERATED SCHOOL PRELIMINARY OPERATING BUDGET TAS WAHS ACES Total Total Enrollment ADA 96% 95% 96% Enrollment K Enrollment Enrollment Enrollment ADA Total ADA % 45.61% 28.50% 25.89% % REVENUES TAS WAHS ACES Total Object Resource State Revenues General Purpose Apportionment General Purpose - LCFF 4,905,449 3,626,952 2,902,013 11,434, Property Tax in Lieu Revenue 1,250, , ,000 2,660, Education Protection Act 977, , ,296 2,248,342 TOTAL LOCAL CONTROL FUNDING REVENUE 7,132,850 5,150,597 4,059,308 16,342, % 83.3% 65.5% 71.3% Other State Revenues Special Education - AB , , , , State Lottery 106,013 65,509 43, , State Lottery Prop 20 31,047 19,185 12,847 63, State Nutrition 89, , State Facilities Incentive Grant payments & SB , , , ASES 150, , , Other State Revenues 155, ,448 64, ,226 OTHER STATE REVENUE 1,210, , ,672 2,339, % 10.6% 7.7% 10.2% TOTAL STATE REVENUES 8,343,432 5,803,190 4,535,980 18,682, % 93.9% 73.2% 81.5% Federal Revenues Title I 309, , , , Title II - Teacher Quality & EETT 3,818 2,284 1,599 7, Title III - LEP 28,551 6,764 13,789 49, Other Federal Revenue Federal Nutrition Revenues 1,215, ,215, Special Ed - IDEA 144,785 90,462 82, ,428 TOTAL FEDERAL REVENUES 1,701, , ,359 2,221, % 4.8% 3.6% 9.7% Other Local Revenues Food sales 18, , Interest Income 65,000 55,000 22, , Grants & Donations- Outside 20,000-5,000 25, Fundraising- School Activities 14,000 25,200 14,000 53, LA's Best-ASES paid Keck Center-Pre School Wallis Annenberg share of debt service-aces rent 394, ,544 Other-LAUSD Augmentation Grant - - 1,400,000 1,400,000 TOTAL OTHER LOCAL REVENUES 511,640 80,200 1,441,000 2,032, % 1.3% 23.2% 8.9% TOTAL REVENUE 10,556,868 6,179,924 6,200,340 22,937, % 100.0% 100.0% 100.0% FY16-17BUDGETPRELIM-BOARD xlsx 3 4/22/2016

4 Projected Operating Budget16-17 EXPENDITURES TAS WAHS ACES Total PERSONNEL COSTS Certificated Salaries 1100 Teacher Salaries 1,962,747 1,588,416 1,204,414 4,755, Extra Pay/Stipends 134, ,263 92, , Principal/A/P/Deans/Adm 507, , ,949 1,211, Substitutes 137,500 39,000 53, ,500 TOTAL CERTIFICATED SALARIES 2,741,489 2,158,024 1,659,628 6,559, % 34.9% 26.8% 28.6% Classified Salaries 2100 Instructional Aides 123,120 78, , , Teachers, Co-Teachers -KECK Facilities/Maintenance & Security 428, , , , Food Services 446, , Classified Administrators - 90,125 47, , Office & Business service managers/ assistants/information Technology 590, , ,539 1,248, Classified - ASES 105,363-89, , Other Classified - LA's Best-ASES paid TOTAL CLASSIFIED SALARIES 1,694, , ,260 3,226, % 11.8% 13.0% 14.1% Employee Benefits STRS 344, , , , FICA/OASDI 105,031 45,085 49, , Medicare 64,315 41,835 35, , Health & Welfare (incl, medical, dental, life, vision) 613, , ,596 1,320, SUI - unemployment 15,524 10,098 8,627 34, Worker's Comp & Fees 133,066 86,556 73, , Other Benefits TOTAL EMPLOYEE BENEFITS 1,276, , ,618 2,815, % 13.2% 11.6% 12.3% TOTAL PERSONNEL COSTS 5,711,682 3,702,868 3,186,506 12,601, % 59.9% 51.4% 54.9% FY16-17BUDGETPRELIM-BOARD xlsx 4 4/22/2016

5 Projected Operating Budget16-17 OTHER COSTS TAS WAHS ACES Total Books & Supplies 4110 Textbooks 137, , , , Professional & other Books 28,946 11,000 12,000 51, Instructional Materials 167, , , , Technology Supplies 20,000 6,750 13,500 40, Office Supplies 21,214 6,650 8,750 36, /4970 Janitorial & Cafeteria Supplies - Nutrition Services 102, , Maintenance & Janitorial supplies 34,000 25,500 24,600 84, Other Supplies 94,650 71, , , Non Capitalized Equip 202, ,000 1,181,000 1,520, Athletics Supplies - High School only - 9,100-9, Food cost 603, ,216 TOTAL BOOKS & SUPPLIES 1,410, ,591 1,844,000 3,809, % 9.0% 29.7% 16.6% Other Operating Expenses 5220 Travel & Conferences 30,000 12,550 23,350 65, Dues & Memberships 50,700 40,378 25, , Insurance 59,220 41,253 48, , &5560 Utilities and waste disposal 225, , , , Facilities Leases-Facility Incentive Grant 60, ,152 34, , Repairs & Maintenance 384, ,000 44, , Facilities Service and Maintenance Contracts 81,357 46,327 57, , LACOE Software and Support Contract - Accounting Software 19,500 12,250 11,700 43, Field Trips/Student Activities 26,000 42,000 24,500 92, Legal and Audit Fees 65,000 66,000 31, , Student Outside Services - Sped Ed services, other programs 349, , , , Non-Instructional Outside Services 22,500 17,000 17,500 57, /5610/5880 Athletics - Referees, Facilities rental fees, buses - 28,443-28, Substitutes 144,500 74,000 28, , Indirect Program Costs - SpEd Fair Share- LAUSD 114,671 71,647 65, , Telephone and internet services 68,500 22,500 40, , /5853/5860/5890 Other expenses 24,846 19,650 14,085 58,581 TOTAL OTHER OPERATING EXPENSES 1,726,053 1,554, ,579 4,078, % 25.2% 12.9% 17.8% Other 6400 Capital Outlay- Equipment Interest on LAUSD Loan 107, , Indirect Program Costs LAUSD Admin fees (1% of revenue) 71,329 51,506 40, , Depreciation 983, ,272 1,972,404 TOTAL OTHER EXPENSES 1,161,961 51,506 1,029,865 2,243, % 0.8% 16.6% 9.8% TOTAL EXPENSES 10,010,512 5,863,957 6,857,950 22,732, % 94.89% % 99.11% NET REVENUE OVER (UNDER) EXPENSE 546, ,967 (657,610) 204, % 5.11% % 0.91% Adjustments Loan payment - Principal (918,515) - - (918,515) Construction Funding- LAUSD - - (1,400,000) (1,400,000) Construction expense included above - - 1,325,000 1,325,000 Depreciation 983, ,272 1,972,404 CASH FLOW - FISCAL YEAR , , ,662 1,183,602 % CASH FLOW VERSUS REVENUE (Excludes interschool rent) 6.01% 5.11% 5.35% 5.50% FY16-17BUDGETPRELIM-BOARD xlsx 5 4/22/2016

6 CONSOLIDATED BUDGET-COMP-ALL THE ACCELERATED SCHOOLS (CONSOLIDATED) FY FY FY FY FY EST FY EST FY EST FY EST CHANGE CHANGE CHANGE CHANGE PRELIMINARY BUDGET TAS WAHS ACES TOTAL TAS WAHS ACES TOTAL TAS WAHS ACES TOTAL ENROLLMENT ADA ADA % 96.00% 95.00% 96.00% 96.41% 94.60% 96.55% 95.88% INCOME LCFF FUNDING $ 7,132,850 $ 5,150,597 $ 4,059,308 $ 16,342,756 $ 6,541,521 $ 4,554,607 $ 2,688,386 $ 13,784,514 $ 591,329 $ 595,990 $ 1,370,922 $ 2,558,242 FEDERAL INCOME $ 1,701,797 $ 296,534 $ 223,359 $ 2,221,690 $ 1,542,120 $ 303,689 $ 197,588 $ 2,043,397 $ 159,677 $ (7,155) $ 25,771 $ 178,293 OTHER STATE INCOME $ 1,210,582 $ 652,593 $ 476,672 $ 2,339,846 $ 1,543,043 $ 903,877 $ 737,855 $ 3,184,775 $ (332,461) $ (251,284) $ (261,183) $ (844,929) LOCAL INCOME $ 477,640 $ 55,000 $ 22,000 $ 554,640 $ 535,099 $ 37,784 $ 11,296,508 $ 11,869,391 $ (57,459) $ 17,216 $ (11,274,508) $ (11,314,751) GRANTS/FUNDRAISING 8699 $ 34,000 $ 25,200 $ 1,419,000 $ 1,478,200 $ 57,670 $ 7,594 $ 762,313 $ 827,577 $ (23,670) $ 17,606 $ 656,687 $ 650,623 TOTAL INCOME $ 10,556,868 $ 6,179,924 $ 6,200,340 $ 22,937,132 $ 10,219,453 $ 5,807,551 $ 15,682,650 $ 31,709,654 $ 337,415 $ 372,373 $ (9,482,310) $ (8,772,522) EXPENSES CERTIFICATED SALARIES 1000 $ 2,741,489 $ 2,158,024 $ 1,659,628 $ 6,559,141 $ 2,427,530 $ 1,802,917 $ 1,060,056 $ 5,290,503 $ 313,959 $ 355,107 $ 599,572 $ 1,268,638 CLASSIFIED SALARIES 2000 $ 1,694,041 $ 727,183 $ 805,260 $ 3,226,483 $ 1,210,740 $ 492,658 $ 514,477 $ 2,217,874 $ 483,301 $ 234,525 $ 290,783 $ 1,008,609 EMPLOYEE BENEFITS 3000 $ 1,276,152 $ 817,662 $ 721,618 $ 2,815,433 $ 948,756 $ 559,125 $ 406,416 $ 1,914,297 $ 327,396 $ 258,537 $ 315,202 $ 901,135 STUDENT BOOKS AND SUPPLIES 4000 $ 1,410,817 $ 554,591 $ 1,844,000 $ 3,809,408 $ 1,064,622 $ 241,722 $ 163,779 $ 1,470,123 $ 346,194 $ 312,869 $ 1,680,221 $ 2,339,285 OPERATING 5000 $ 1,726,053 $ 1,554,991 $ 797,579 $ 4,078,623 $ 1,492,966 $ 1,438,126 $ 695,761 $ 3,626,852 $ 233,087 $ 116,866 $ 101,818 $ 451,771 CAPITAL OUTLAY- DEPRECIATION 6000 $ 1,054,461 $ 51,506 $ 1,029,865 $ 2,135,832 $ 983,132 $ 3,355 $ 986,487 $ 71,329 $ 51,506 $ 1,026,510 $ 1,149,345 OTHER OUTGO- INTEREST EXPENSE 7000 $ 107,500 $ 107,500 $ 149,500 $ 149,500 $ (42,000) $ (42,000) TOTAL EXPENSES $ 10,010,512 $ 5,863,957 $ 6,857,950 $ 22,732,419 $ 8,277,246 $ 4,534,547 $ 2,843,843 $ 15,655,637 $ 1,733,266 $ 1,329,410 $ 4,014,106 $ 7,076,782 INCREASE (DECREASE) IN NET ASSETS $ 546,356 $ 315,967 $ (657,610) $ 204,713 $ 1,942,207 $ 1,273,004 $ 12,838,807 $ 16,054,017 $ (1,395,851) $ (957,037) $ (13,496,416) $ (15,849,304)

7 CONSOLIDATED BUDGET-W-O CONST. THE ACCELERATED SCHOOLS (CONSOLIDATED) FY FY FY FY FY EST FY EST FY EST FY EST CHANGE CHANGE CHANGE CHANGE PRELIMINARY BUDGET EXCLUDES CONSTRUCTION TAS WAHS ACES TOTAL TAS WAHS ACES TOTAL TAS WAHS ACES TOTAL ENROLLMENT ADA ADA % 96.00% 95.00% 96.00% 96.41% 94.60% 96.55% 95.88% INCOME LCFF FUNDING $ 7,132,850 $ 5,150,597 $ 4,059,308 $ 16,342,756 $ 6,541,521 $ 4,554,607 $ 2,688,386 $ 13,784,514 $ 591,329 $ 595,990 $ 1,370,922 $ 2,558,242 FEDERAL INCOME $ 1,701,797 $ 296,534 $ 223,359 $ 2,221,690 $ 1,542,120 $ 303,689 $ 197,588 $ 2,043,397 $ 159,677 $ (7,155) $ 25,771 $ 178,293 OTHER STATE INCOME $ 1,210,582 $ 652,593 $ 476,672 $ 2,339,846 $ 1,543,043 $ 903,877 $ 737,855 $ 3,184,775 $ (332,461) $ (251,284) $ (261,183) $ (844,929) LOCAL INCOME $ 477,640 $ 55,000 $ 22,000 $ 554,640 $ 535,099 $ 37,784 $ 11,296,508 $ 11,869,391 $ (57,459) $ 17,216 $ (11,274,508) $ (11,314,751) GRANTS/FUNDRAISING 8699 $ 34,000 $ 25,200 $ 1,419,000 $ 1,478,200 $ 57,670 $ 7,594 $ 762,313 $ 827,577 $ (23,670) $ 17,606 $ 656,687 $ 650,623 ADJUSTMENTS: CONSTRUCTION $ (1,400,000) $ (1,400,000) $ (11,963,502) $ (11,963,502) $ 10,563,502 $ 10,563,502 TOTAL INCOME $ 10,556,868 $ 6,179,924 $ 4,800,340 $ 21,537,132 $ 10,219,453 $ 5,807,551 $ 3,719,148 $ 19,746,152 $ 337,415 $ 372,373 $ 1,081,192 $ 1,790,980 EXPENSES CERTIFICATED SALARIES 1000 $ 2,741,489 $ 2,158,024 $ 1,659,628 $ 6,559,141 $ 2,427,530 $ 1,802,917 $ 1,060,056 $ 5,290,503 $ 313,959 $ 355,107 $ 599,572 $ 1,268,638 CLASSIFIED SALARIES 2000 $ 1,694,041 $ 727,183 $ 805,260 $ 3,226,483 $ 1,210,740 $ 492,658 $ 514,477 $ 2,217,874 $ 483,301 $ 234,525 $ 290,783 $ 1,008,609 EMPLOYEE BENEFITS 3000 $ 1,276,152 $ 817,662 $ 721,618 $ 2,815,433 $ 948,756 $ 559,125 $ 406,416 $ 1,914,297 $ 327,396 $ 258,537 $ 315,202 $ 901,135 STUDENT BOOKS AND SUPPLIES 4000 $ 1,410,817 $ 554,591 $ 1,844,000 $ 3,809,408 $ 1,064,622 $ 241,722 $ 163,779 $ 1,470,123 $ 346,194 $ 312,869 $ 1,680,221 $ 2,339,285 OPERATING 5000 $ 1,726,053 $ 1,554,991 $ 797,579 $ 4,078,623 $ 1,492,966 $ 1,438,126 $ 695,761 $ 3,626,852 $ 233,087 $ 116,866 $ 101,818 $ 451,771 CAPITAL OUTLAY- DEPRECIATION 6000 $ 1,054,461 $ 51,506 $ 1,029,865 $ 2,135,832 $ 983,132 $ 3,355 $ 986,487 $ 71,329 $ 51,506 $ 1,026,510 $ 1,149,345 OTHER OUTGO- INTEREST EXPENSE 7000 $ 107,500 $ 107,500 $ 149,500 $ 149,500 $ (42,000) $ (42,000) ADJUSTMENTS: CONSTRUCTION-SUPPLIES $ (1,325,000) $ (1,325,000) $ (1,325,000) $ (1,325,000) TOTAL EXPENSES $ 10,010,512 $ 5,863,957 $ 5,532,950 $ 21,407,419 $ 8,277,246 $ 4,534,547 $ 2,843,843 $ 15,655,637 $ 1,733,266 $ 1,329,410 $ 2,689,106 $ 5,751,782 INCREASE (DECREASE) IN NET ASSETS $ 546,356 $ 315,967 $ (732,610) $ 129,713 $ 1,942,207 $ 1,273,004 $ 875,305 $ 4,090,515 $ (1,395,851) $ (957,037) $ (1,607,914) $ (3,960,802)