Motion: Second: Vote:

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1 RIDGECREST CHARTER SCHOOL GOVERNING BOARD Special Meeting Thursday March 7, 2019 Time: 5:00 PM 325 South Downs Street, Ridgecrest, CA I. AGENDA A. CALL TO ORDER B. ROLL CALL Eric Bruen President Chip Holloway, Vice President Arzell Hale, Member Ray Miller, Treasurer Deanna Lukens, Secretary C. FLAG SALUTE D. MOMENT OF SILENCE Present Absent II. COMMUNICATIONS A. PUBLIC COMMENT Non-agenda items: no individual presentation shall be for more than three (3) minutes and the total time for this purpose shall not exceed fifteen (15) minutes. Ordinarily, Board members will not respond to presentations and no action can be taken. However, the Board may give direction to staff following a presentation. Oral Communications was opened at and closed at. III. ITEMS SCHEDULED FOR ACTION/DISCUSSION/INFORMATION 1. Approval of Second Interim Report Motion: Second: Vote: IV. FUTURE MEETINGS 1. March 27, April 24, May 22, 2019 V. CLOSING BOARD COMMENTS VI. ADJOURNMENT

2 The meeting was adjourned at. In compliance with the Americans with Disabilities Act (ADA) and upon request, the School may furnish reasonable auxiliary aids and services to qualified individuals with disabilities Individuals who require appropriate alternative modifications of the agenda in order to participate in Board meetings are invited to contact the Director s office. Per Brown Act (a) at any special meeting the public has the right to address any item described in the agenda before or during consideration of that item.

3 DATE: March 7, 2019 Special Board Meeting Subject: Approval of Second Interim Report XX Action Consent Agenda First Read Information Presentation Public Hearing Roll Call Vote Required Item lll. # 1 ITEM: Second Interim Report BACKGROUND: California Charter Schools, as public-school agencies, operate on a fiscal year from July 1 to June 30 th. Charter Schools are required under state law to submit a series of budget and financial reports to their authorizer and to other govern-mental agencies. The major financial reports include: Annual Budget (Preliminary Budget), on or before June 30 th Unaudited Financial Report for prior Fiscal Year, Sept 15 First Interim Report, as of Oct 31, on or before Dec 15 Second Interim Report, as of Jan 31, on or before Mar 15 In the Second Interim Report, there is a section that compares the adopted/current budget with the yeardo-date financial activity with an updated budget projection for The current summary comparison follows. At each reporting period, estimated data is updated when additional information is available. For instance, RCS s budget is modified when budget changes are made at the state or federal budget level. RCS s budget is also updated throughout the school year when year-do-date information is posted. At all times a budget is a guideline based upon a series of assumptions. Major Highlights of Second Interim Report In the presentation of the Multi-Year budget, a change is being made, effective with the Second Interim Report. The change has to do with how an updated property lease payment to the Ridgecrest Facility LLC is represented and the current deferral of the issuance of a revenue bond. o o o At the First Interim Report period, it was projected that the LLC would be fully operational in the fiscal year and that an updated to the monthly property lease occur; RCS had a property appraisal performed that was a requirement for determining the basis for the updated lease payment structure; As neither the final steps for the LLC set up nor the revenue bond have been completed, appropriate budget projections have been made. Ending Reserve for Building Project is a set aside for facility expansion projects. This amount includes a $2.2 mil base set up prior periods with annual increases from annual operating changes. When the revenue bond is issued there will be a further delineation of the portion of facility expansionenhancements that will be funded locally and the costs which will be funded with the revenue bond.

4 Page 2 of the attached Multi-year Budget Plan provides Board Members and the community an overall view of RCS s financial picture from a policy level. Of note are the Net Operations, Fund Balance and the Fund Reserves. RCS has a strong position for each of those components. Within the Ending Balance there are a couple noteworthy items: A 4% designation for economic uncertainty; this approximates $ 217,000 in ; $ 240,000 in ; $252,000 in ; and, $263,000 in The Designation for Building Projects, on an annual basis is: , $2.2 mil , $2.2 mil; , $2.2 mil; , $1.1 mil; and, , $0.0 mil. A third category, the Unappropriated Amount is: , $2.0 mil; , $1.3 mil; , $1.4 mil; and, , $1.6 mil. In addition to the Designation for Building Projects, there is an annual set-aside for a Local Control Funding Uncertainty as recommended by School Services of California, Inc. This is a discretionary set-aside. Reserve for Local Control Funding Uncertainty: , $242,000; , $138,000; , $267,000; and, , $439,000.

5 For the year-to-date financial information, the data is extracted from RCS s accounting records (QuickBooks). The current year budget is a dynamic one and it is adjusted and modified regularly as needed. An example of a change would be the enrollment or departure of a student or the award of a new entitlement. As of this date no material change in state funding or other key variable is on the horizon. A second part of the Interim Report provides a budget projection for the next two fiscal years. The Interim Report is filed with the California Department of Education (CDE) who is the agent for the State Board of Education (SBE), RCS s authorizer. Upon a technical review and approval by SBE, the Interim Report is filed with the County Office of Education. The last component of the Report is the certification by RCS s Executive Director. The detailed Interim Report is a five-year projection. This expanded projection is to provide the Governing Board with data upon which to make fiscal policy decisions. When RCS presents its final projections to its Financial Advisor-Underwriter, Piper Jaffray, a five-year projection is expected to be the required model. There is significant analysis and work done in the preparation for Interim Reports. The emphasis is on verifying and updating current year assumptions and critiquing the assumptions for future years. The uncertainty associated with public funding requires that due diligence be taken for the budget projections. Steps or analyses behind the scene include the following components. Depending on the unique situation of RCS at an interim report period, one or more steps may be postponed. For RCS, a Multi-Year Budget Plan is prepared along with the Interim Reports. In this document, the information and process highlights are: Five Year Budget Projection rather than Three Year Required Projection Projected Beginning Balance Projected Student Enrollment and Other Demographic Factors Ratio of Student Enrollment to Average Daily Attendance Average Daily Attendance Projection Student Participation and/or Eligibility for Special Funding o English Language Learners o In-Lieu Economic Impact Aid Eligibility Factors Projected Revenue Variables, including State funding per pupil for Block Grant State funding per pupil for Categorical Programs State lottery funding per pupil Other state funding augmentations, including Class Size Reduction Federal funding per pupil for Title I and other federal funds Local funding per pupil, including grants and foundation Projected Expenditure Variables, including Per Pupil Teacher Staffing Ratio Staffing Projection for Certificated and Classified Service Salary Projection for Staff Positions Employee Benefit Cost Factors and Eligibility Criteria Student Instructional Supply Allocations Other Supply Allocations Operating and Professional Expenses Capital Expenses Ending Balance Projections

6 The Second Interim Report is an attachment to this Board Agenda Item. The Executive Director recommends approval of the Second Interim for as presented. RECOMMENDED BY: Steven Martinez, Ed.D., Executive Director ACTION ITEM: The School s Executive Director recommends approval of the Second Interim Report for the Fiscal Year. It was moved by and seconded by that the Board of the approve the Second Interim Report for the Fiscal Year, as presented. Ayes Nays Attachments: Second Interim Report for Multi Year Budget Plan Summary and Detail Cash Flow Projection

7 Multi-Year Budget Table of Contents Worksheet Page(s) Table of Contents... 1 Executive Summary... 2 Revenue Detail and Multi-Year Budget Summary Revenue Detail Worksheets Local Control Funding Formula... 6 Expenditure Detail Worksheets Compensation Employee Benefits... 9 Books & Supplies Services & Operational Expenses Special Program Budget and Reconciliation Worksheets ESSA Title I, Part A Improving Basic Programs Operated by Local Educational Agencies ESSA Title II, Part A Supporting Effective Instruction NSLP National School Lunch Program SpEd Special Education Program California Clean Energy Jobs Act, Proposition Multi-Tiered System of Support (MTSS) Grant Summary of All Restricted Programs Key Variable Worksheets Revenue Funding Factors Staffing Ratios and Assignment Projections Salary and Wage Rate Projections Mandatory and Optional Benefits, Cost Rate Projections Books & Supplies, Input Variables and Cost Rate Projections Services & Operational Expenses, Input Variables and Cost Rate Projections Student Enrollment, ADA and Demographic Projections Footnotes /03/2019 Budget:TOC Page 1

8 Budget Type Multi-Year Budget Executive Summary Audited Audited Audited 2nd Interim Long Range Long Range Long Range Acct Code Draft Projection Projection Projection Key Budget and Financial Variables: Enrollment and ADA School Enrollment School ADA at P Ratio of P-2 ADA to Enrollment 96.7% 94.4% 94.1% 95.0% 95.0% 95.0% 95.0% A. Revenues: 1. Revenue Limit Sources $ 2,862,887 $ 3,780,260 $ 4,091,979 $ 3,919,796 $ 4,231,050 $ 4,504,643 $ 4,782, Federal Revenues 264, , , , , , , Other State Revenues 541, ,395 1,124, , , , , Other Local Revenues 100, , , ,000 95,900 96,000 96, Total Revenues $ 3,769,426 $ 4,902,812 $ 5,657,139 $ 4,960,833 $ 5,225,302 $ 5,517,216 $ 5,812,905 B. Expenditures: 1. Certificated Salaries 1000 $ 1,419,280 $ 1,468,406 $ 1,626,171 $ 1,934,567 $ 2,094,267 $ 2,263,167 $ 2,375, Noncertificated Salaries , , , , , , , Employee Benefits , , , ,600 1,003,400 1,122,600 1,191,500 Subtotal Compensation Costs 2,356,995 2,686,329 3,133,008 3,561,471 3,808,987 4,146,713 4,372, Books and Supplies , , , , , , , Services and Other Operating Expenses , , ,067 1,034,583 1,407,508 1,431,171 1,453, Capital Outlay , , , , , , , Other Outgo Total Expenditures $ 3,467,556 $ 3,740,672 $ 4,330,820 $ 5,414,154 $ 6,016,195 $ 6,317,884 $ 6,580,480 C. Excess (Deficiency) of Revenues over Expenditures Before Other Financing Sources and Uses 1. Net Operations: Sub Total $ 301,870 $ 1,162,141 $ 1,326,319 $ (453,321) $ (790,893) $ (800,668) $ (767,575) D. Other Financing Sources and Uses 1. Other Financing Sources $ - $ - $ - $ - $ - $ - $ - 4. Total, Other Financing Sources and Uses $ - $ - $ - $ - $ - $ - $ - E. Net Increase (Decrease) in Fund Balance 1. Net Operations plus Total Other Financing Sources and Uses $ 301,870 $ 1,162,141 $ 1,326,319 $ (453,321) $ (790,893) $ (800,668) $ (767,575) F. Fund Balance, Reserves 1. Beginning Fund Balance a. As of July $ 2,374,545 $ 2,676,416 $ 3,838,556 $ 5,164,875 $ 4,711,554 $ 3,920,661 $ 3,119,993 b1. Audit Adjustments to Beginning Balance b2. Other Restatements to Beginning Balance c. Adjusted Beginning Balance 2,374,545 2,676,416 3,838,556 5,164,875 4,711,554 3,920,661 3,119, Ending Fund Balance, June 30 $ 2,676,416 $ 3,838,556 $ 5,164,875 $ 4,711,554 $ 3,920,661 $ 3,119,993 $ 2,352,418 Components of Ending Fund Balance (Optional): Other Assignments ,558,609 2,381,888 2,295,857 2,442,610 2,337,705 1,366, ,795 Reserved for Economic Uncertainties , , , , , , ,219 Unassigned / Unappropriated Amount , ,040 2,425,345 2,031,157 1,305,168 1,446,519 1,577,564 03/03/2019 Budget:Executive Summary Section II: Page 2

9 A. REVENUES Multi-Year Budget Summary Acct Code Audited Audited Audited 2nd Interim Draft Long Range Projection Long Range Projection Long Range Projection 1. State Revenue Limit Sources State Aid - Current Year ,092,880 2,666,209 2,845,449 2,909,468 3,180,456 3,415,381 3,664,981 Education Protection Account , , , , , , ,422 Prior year Adjustments 8019 (92,922) 151,701 86,820 (77,029) Transfers in Lieu of Property Taxes , , , , , , , Subtotal State Revenue Limit Sources $ 2,862,887 $ 3,780,260 $ 4,091,979 $ 3,919,796 $ 4,231,050 $ 4,504,643 $ 4,782, Federal Revenues Every Student Succeeds Act (formerly No Ch 8290 ESSA: Title I, Part A ,845 83,562 99, , , , ,800 ESSA: Title II, Part A ,786 14,870 15,949 16,400 17,100 17,600 ESSA: Title III, EL Student Programs (733) Subtotal, No Child Left Behind $ 73,020 $ 87,348 $ 114,818 $ 119,732 $ 122,900 $ 127,800 $ 131,400 Federal Special Education ,776 71,216 76,303 71,400 73,200 75,900 77,900 Federal Child Nutrition (NSLP) , , , , , , ,000 Other Federal Programs Federal Impact Aid (ESEA, TITLE VIII) ,290 25,145 30,736 39,300 39,300 39,300 39,300 NSLP Equipment Assistance Grant (CFDA # (1,292) Subtotal, Other Federal Programs $ 26,998 $ 25,145 $ 30,736 $ 39,300 $ 39,300 $ 39,300 $ 39, Subtotal Federal Revenues $ 264,619 $ 288,588 $ 333,443 $ 334,832 $ 342,500 $ 354,100 $ 362, Other State Revenues State Special Education StRevSE State SpEd (602) , , , , , , ,000 State SpEd (602) PY Adjustments ,686 26,935 1, State SpEd Mental Health Subtotal, State Special Education StRevSE $ 184,918 $ 215,826 $ 275,041 $ 233,400 $ 237,900 $ 246,700 $ 253,000 All Other State Revenues StRevAO State Child Nutrition Funding Rate/ADA ,241 8,365 9,190 8,600 8,900 9,300 9,600 Mandate Block Grant ,789 87,734 73,221 97,147 7,659 8,075 8,618 Lottery Unrestricted ,084 61,574 78,227 68,433 70,155 72,737 74,594 Lottery Prop 20 Restricted ,533 19,493 28,115 24,020 24,624 25,530 26,182 Charter School Facility Grant , ,739 77, , , ,000 Prop 39 Clean Energy Planning , Classified School Employees Professional De 8590.xx , Educator Effectiveness Program , Low-Performing Students Block Grant , Multi-Tiered System of Support (MTSS) Gran ,500 6, All Other State Programs ,954 48, Subtotal, All Other State Revenues StRevAO $ 356,466 $ 515,569 $ 849,626 $ 372,805 $ 317,952 $ 315,773 $ 319, Subtotal Other State Revenues $ 541,384 $ 731,395 $ 1,124,667 $ 606,205 $ 555,852 $ 562,473 $ 572, Other Local Revenues Food Service Sales (paid meals) ,419 20,750 21, Interest ,198 1,750 1, SSUSD Prop 39 Reimbursement ,500 80,500 80,500 80,500 95,000 95,000 95,000 Other Local Programs , ,563 18, Subtotal Other Local Revenues $ 100,537 $ 102,569 $ 107,049 $ 100,000 $ 95,900 $ 96,000 $ 96, TOTAL REVENUES $ 3,769,426 $ 4,902,812 $ 5,657,139 $ 4,960,833 $ 5,225,302 $ 5,517,216 $ 5,812,905 03/03/2019 Budget:Summary Section II: Page 3

10 Multi-Year Budget Summary Acct Code Audited Audited Audited 2nd Interim Draft Long Range Projection Long Range Projection Long Range Projection B. EXPENDITURES - 1. Certificated Salaries Certificated Teachers' Salaries ,088,845 1,209,644 1,335,771 1,614,967 1,766,267 1,926,867 2,030,867 Certificated Pupil Support Salaries Certificated Supervisors' and Administrators' Sa , , , , , , ,700 Other Certificated Salaries Subtotal Certificated Salaries $ 1,419,280 $ 1,468,406 $ 1,626,171 $ 1,934,567 $ 2,094,267 $ 2,263,167 $ 2,375, Noncertificated Salaries Noncertificated Instructional Salaries , , , , , , ,250 Noncertificated Support Salaries , , , , , , ,900 Noncertificated Supervisors' and Administrators ,101 71,786 89, , , , ,600 Clerical and Office Salaries , , , , , , ,700 Other Noncertificated Salaries ,816 51,613 50,934 55,000 56,670 60,896 65, Subtotal Noncertificated Salaries $ 438,538 $ 602,656 $ 724,882 $ 717,304 $ 711,320 $ 760,946 $ 805, Employee Benefits STRS , , , , , , ,000 PERS ,936 85, , , , , ,400 OASDI / Medicare / Alternative ,582 69,799 81,834 83,000 84,800 91,000 96,100 Health and Welfare Benefits , , , , , , ,800 Unemployment Insurance ,292 1, ,400 1,400 1,500 1,600 Workers' Compensation Insurance ,504 24,804 28,026 24,700 26,100 28,200 29, Subtotal Employee Benefits $ 499,177 $ 615,266 $ 781,955 $ 909,600 $ 1,003,400 $ 1,122,600 $ 1,191, Books & Supplies Approved Textbooks and Core Curricula Materia ,004 27,569 18,312 91,000 99,900 19,000 17,000 Books and Other Reference Materials Materials and Supplies ,071 82, , , , , ,400 Noncapitalized Equipment ,489 19,560 60,308 39,300 15,100 15,700 16,200 Food , , , , , , , Subtotal Books & Supplies $ 318,258 $ 253,155 $ 341,704 $ 428,100 $ 409,700 $ 350,000 $ 364, Services & Operational Expenses Subagreements for Services ,174 74, , , , , ,000 Travel and Conferences ,029 61,223 79,756 50,900 47,300 48,800 50,400 Dues and Memberships ,384 4,297 6,552 10,824 7,948 8,111 8,384 Insurance ,301 26,381 33,075 34,800 36,000 37,300 38,500 Operations and Housekeeping Services ,184 67,675 73,438 75,680 81,680 84,880 87,980 Rentals, Leases, Repairs, and Noncap. Improve , , , , , , ,970 Professional/Consulting Services and Operating , , , , , , ,100 Communications ,676 10,967 7,078 7,200 7,400 7,700 7, Subtotal Services & Operational Expenses $ 680,319 $ 649,028 $ 686,067 $ 1,034,583 $ 1,407,508 $ 1,431,171 $ 1,453, Capital Outlay Land and Land Improvements Buildings and Improvements of Buildings Books and Media for New School Libraries or M Equipment Equipment Replacement Depreciation Expense , , , , , , , Subtotal Capital Outlay $ 111,984 $ 152,161 $ 170,041 $ 390,000 $ 390,000 $ 390,000 $ 390, Other Outgo Subtotal Other Outgo $ - $ - $ - $ - $ - $ - $ - 8. TOTAL EXPENDITURES $ 3,467,556 $ 3,740,672 $ 4,330,820 $ 5,414,154 $ 6,016,195 $ 6,317,884 $ 6,580,480 03/03/2019 Budget:Summary Section II: Page 4

11 Multi-Year Budget Summary Acct Code Audited Audited Audited 2nd Interim Draft Long Range Projection Long Range Projection Long Range Projection C. Excess (Deficiency) of Revenues over Expenditures Before Other Financing Sources and Uses 1. Net Operations: Sub Total $ 301,870 $ 1,162,141 $ 1,326,319 $ (453,321) $ (790,893) $ (800,668) $ (767,575) D. Other Financing Sources and Uses No Other Financing Sources and Uses Currently in Use 1. Other Financing Sources $ - $ - $ - $ - $ - $ - $ - 2. Less: Other Financing Uses Contributions Between Unrestricted and Restricted Accounts (must net to zero) Total, Other Financing Sources and Uses $ - $ - $ - $ - $ - $ - $ - E. Net Increase (Decrease) in Fund Balance 1. Net Operations plus Total Other Financing Sources and $ 301,870 $ 1,162,141 $ 1,326,319 $ (453,321) $ (790,893) $ (800,668) $ (767,575) F. Fund Balance, Reserves 1. Beginning Fund Balance a. As of July ,374,545 2,676,416 3,838,556 5,164,875 4,711,554 3,920,661 3,119,993 b1. Audit Adjustments to Beginning Balance b2. Other Restatements to Beginning Balance c. Adjusted Beginning Balance 2,374,545 2,676,416 3,838,556 5,164,875 4,711,554 3,920,661 3,119, Ending Fund Balance, June 30 $ 2,676,416 $ 3,838,556 $ 5,164,875 $ 4,711,554 $ 3,920,661 $ 3,119,993 $ 2,352,418 COMPONENTS FOR ENDING FUND BALANCE Restricted Balance , , ,440 21,220 37,140 54,240 71,840 Designated Amounts Other Assignments 9780 Reserve for Building Project ,000,000 2,200,000 2,200,000 2,200,000 2,200,000 1,100,000 - Reserve for Special Education Excess Co , Reserve for LCFF Implementation Uncerta , ,888 95, , , , ,795 Subtotal, All Other Assignments ,558,609 2,381,888 2,295,857 2,442,610 2,337,705 1,366, ,795 Reserve for Economic Uncertainty , , , , , , ,219 currently set at greater of $62,000 or 4% of Total Expenditur 4% 4% 4% 4% 4% 4% 4% Unassigned/Unappropriated/Unrestricted Net Po , ,040 2,425,345 2,031,157 1,305,168 1,446,519 1,577,564 TOTAL COMPONENTS FOR ENDING FUND BALANCE $ 2,676,416 $ 3,838,556 $ 5,164,875 $ 4,711,554 $ 3,920,661 $ 3,119,993 $ 2,352,418 03/03/2019 Budget:Summary Section II: Page 5

12 Multi-Year Local Control Funding Formula Revenue Projections Budget Type Audited Audited Audited 2nd Interim Draft Long Range Projection Long Range Projection Long Range Projection Local Control Funding Formula Local Control Funding Formula Target Input Data Funding Rates Grades TK-3 Base Grant Rate $ 7,083 $ 7,083 $ 7,193 $ 7,459 $ 7,717 $ 7,938 $ 8,170 (b) Comments & Footnotes Grades 4-6 Base Grant Rate $ 7,189 $ 7,189 $ 7,301 $ 7,571 $ 7,833 $ 8,057 $ 8,292 (c) Grades 7-8 Base Grant Rate $ 7,403 $ 7,403 $ 7,518 $ 7,796 $ 8,066 $ 8,297 $ 8,539 (d) Grades TK-3 CSR Grade Span Adjustment Rate $ 737 $ 737 $ 748 $ 776 $ 803 $ 826 $ 850 (f) Student Counts Enrollment (i) Grades TK-3 ADA (j) Grades 4-6 ADA (k) Grades 7-8 ADA (l) Total ADA (n) Unduplicated count of Supplemental Funding Eligible Students (o) Charter Rolling Unduplicated Percentage of Supplemental Funding Eligible Students 57.1% 56.6% 56.6% 54.3% 53.9% 53.6% 55.6% (p) Sponsor Rolling Unduplicated Percentage of Supplemental Funding Eligible Students 54.2% 52.6% 55.0% 59.3% 59.3% 59.3% (o); Data for Sierra Sands USD, per CDE 59.3% report NOTE: The percentage of unduplicated pupils will be based on a three-year rolling average from data submitted by LEAs through routine CALPADS reporting. For the first year of implementation ( ), however, it will be based on one year of data only ( ), and for the second year, it will be based on two years of data (EC sections 2574(b)(1) and (b)(5)). NOTE FURTHER that Concentration funding will be limited by the rolling unduplicated percentage of the sponsor district wherein the charter school is located. Additional CDE Funding Rates LCFF Floor Rate $ 5,164 $ 5,164 $ 5,164 $ 5,164 $ 5,164 $ 5,164 $ 5,164 (p); varies by LEA, calculated by CDE Local Control Funding Formula Target Calculation Base Components Grades TK-3 1,500,817 1,707,570 1,756,962 1,771,513 1,825,842 1,900,357 1,955,898 = (a) x (h) Grades ,253 1,133,346 1,223,648 1,072,054 1,190,616 1,331,822 1,402,177 = (b) x (i) Grades , , , , , , ,085 = (c) x (j) Grades K-3 CSR Grade Span Adjustment 156, , , , , , ,490 = (e) x (h) 20% Supplemental Grant Components Additional funding paid on the rolling unduplicated percentage factor Grades TK-3 189, , , , , , ,154 = (a) x (h) x 20% x (n) Grades , , , , , , ,941 = (b) x (i) x 20% x (n) Grades ,966 41,763 62,142 62,691 66,062 68,441 81,195 = (c) x (j) x 20% x (n) 50% Concentration Grant Components ineligible ineligible ineligible ineligible ineligible ineligible eligible Additional funding paid on the excess of the minimum rolling unduplicated percentage factor between charter and sponsor over a 55% threshold. Grades TK ,552 = (a) x (h) x 50% x (min(n,o) - 55%) Grades ,255 = (b) x (i) x 50% x (min(n,o) - 55%) Grades ,215 = (c) x (j) x 50% x (min(n,o) - 55%) Adjustment to Match CDE Calculation 4,409-1 (3) (19) (32) 95 Per FCMAT-LCFF Calculator 19.2c Local Control Funding Formula Target $ 3,236,699 $ 3,771,006 $ 4,132,400 $ 3,996,825 $ 4,231,050 $ 4,504,643 $ 4,782,057 Sum of all grant components above Local Control Funding Formula Floor Calculation Base Revenue adjusted for CY ADA, = = (l) x (p); the EPA allocation is calculated 1,980,390 2,316,445 2,503,578 2,340,198 2,399,064 2,487,364 2,550,878 Adjusted Revenue Limit from this base Categorical Block Grant at CY ADA 164, , , , , , ,313 prorated by ADA for Other Categoricals (K-3 CSR and Consolidated Categoricals) 159, , , , , , ,777 Cumulative Floor Adjustment 345, ,282 1,038,552 1,060,379 1,335,765 1,384,929 1,420,293 PY LCFF Gap Funding at CY ADA Adjustment to Match CDE Calculation (1) Per FCMAT-LCFF Calculator 19.2c Local Control Funding Formula Floor $ 2,649,516 $ 3,439,397 $ 3,909,302 $ 3,754,215 $ 4,093,345 $ 4,238,124 $ 4,342,262 Sum of all floor components above Local Control Funding Formula Phase-in Entitlement Calculation LCFF Target less LCFF Floor = Gap $ 587,183 $ 331,609 $ 223,098 $ 242,610 $ 137,705 $ 266,519 $ 439,795 Local Control Funding Formula Gap Allocation Rate set by CA Department of Finance; 52.56% 54.85% 42.97% 100.0% 100.0% 100.0% 100.0% Percentage (GAP) Future year projections per SSC Funded portion of LCFF GAP = Phase-in Entitlement $ 308,609 $ 181,888 $ 95,857 $ 242,610 $ 137,705 $ 266,519 $ 439,795 = Gap x GAP Local Control Funding Formula Entitlement Calculation Local Control Funding Formula Floor $ 2,649,516 $ 3,439,397 $ 3,909,302 $ 3,754,215 $ 4,093,345 $ 4,238,124 $ 4,342,262 = LCFF Floor, above Funded portion of LCFF GAP = Phase-in Entitlement Projected LCFF Entitlement = Subtotal State Revenue Limit Sources $ 308,609 $ 181,888 $ 95,857 $ 242,610 $ 137,705 $ 266,519 $ 439,795 = LCFF Phase-in Entitlement, above $ 2,958,125 $ 3,621,285 $ 4,005,159 $ 3,996,825 $ 4,231,050 $ 4,504,643 $ 4,782,057 LCFF Floor + Phase-in Entitlement = LCFF Entitlement 03/03/2019 Budget:LCFF Section II: Page 6

13 Certificated Salaries SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection Certificated Teacher Salaries Teachers Regular Program ,161 1,100,433 1,138,464 1,278,800 1,401,600 1,532,500 1,610,000 Other Teacher Salaries Teacher Stipends ,800 20,700 24,600 27,700 28,700 29,700 29,700 Teacher Stipends MTSS Grant ,500 2,500 2,500 - Teacher Hourly Detention ,933 6,500 6,500 6,500 6,500 Teacher Hourly Tutoring ,202 23,513 22,475 22,475 22,475 22,475 22,475 Teacher Music ,520 46,700 52,500 58,800 Teacher Reading ,220 15,644 57,540 63,660 68,900 76,500 82,600 Teacher Special Education ,527 7,838 41,640 46,200 52,400 56,500 61,100 Teacher STEM, K ,860 70,300 75,900 84,100 Substitute Teacher Costs Day-to-Day Substitutes ,936 41,517 47,119 60,752 66,192 71,792 75,592 Total Certificated Teacher Salaries $ 1,088,845 $ 1,209,644 $ 1,335,771 $ 1,614,967 $ 1,766,267 $ 1,926,867 $ 2,030,867 Other Certificated Employee Salaries Pupil Support Salaries 1200 No Pupil Support Salaries currently projected Subtotal 1200 $ - $ - $ - $ - $ - $ - $ - School Administrator Salaries 1300 Principal of Student Services ,611 98,143 94, , , , ,000 C.E.O./Superintendent , , , , , , ,800 Principal of Special Services ,942 54,147 78,100 86,100 88,600 91,300 93,900 Subtotal 1300 $ 330,435 $ 258,762 $ 290,400 $ 319,600 $ 328,000 $ 336,300 $ 344,700 Other Certificated Salaries 1900 No Other Certificated Salaries currently projected Subtotal 1900 $ - $ - $ - $ - $ - $ - $ - TOTAL CERTIFICATED SALARIES $ 1,419,280 $ 1,468,406 $ 1,626,171 $ 1,934,567 $ 2,094,267 $ 2,263,167 $ 2,375,567 Classified Compensation Costs Classified Salaries Expenditures Worksheet Compensation Non-Certificated Instructional Salaries 2100 Music Director , Other (Identify) Subtotal 2100 $ - $ - $ 78,960 $ - $ - $ - $ - Pupil Support Salaries 2200 No Pupil Support Salaries currently projected Subtotal 2200 $ - $ - $ - $ - $ - $ - $ - Administrator Salaries 2300 Business Manager ,101 71,786-50,000 52,500 55,100 57,900 Chief Operations Officer , IT Manager ,200 56,900 59,700 62,700 Subtotal 2300 $ 42,101 $ 71,786 $ 89,600 $ 104,200 $ 109,400 $ 114,800 $ 120,600 Clerical, Technical & Other Office Employee Sal reclassified to hourly, shown below Subtotal 2400 $ - $ - $ - $ - $ - $ - $ - Other Classified Employee Salaries 2900 No Other Classified Employee Salaries currently projected Subtotal 2900 $ - $ - $ - $ - $ - $ - $ - Subtotal Classified Salaries Cost $ 42,101 $ 71,786 $ 168,560 $ 104,200 $ 109,400 $ 114,800 $ 120,600 03/03/2019 Budget:Compensation Section V: Page 7

14 Hourly Classified Staff Wage Costs Expenditures Worksheet Compensation SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection Non-Certificated Instructional Staffing 2100 Instructional Aide ,413 41,700 43,700 49,200 51,700 Instructional Aide OT Wages Instructional Aide Stipends ,450 2,450 2,500 2,500 2,500 Paraprofessional Aide, Special Education , ,306 96,090 96, , , ,600 Paraprofessional Aide, Special Education OT W Paraprofessional Aide Stipends , Speech Paraprofessional , Title I Instructional Aide ,892 61,900 67,700 77,600 83,700 Title I Instructional Aide OT Wages ,346 1,800 1,900 2,000 2,100 Other Aide costs , Subtotal 2100 $ 137,036 $ 217,798 $ 182,739 $ 210,034 $ 218,850 $ 242,650 $ 260,250 Pupil Support Hourly Wage Costs 2200 Library Specialist ,763 30,196 37,963 31,100 32,600 34,300 36,000 Library Specialist OT Wages ,054 1,200 1,300 1,400 1,500 Food Server ,200 9,700 10,200 10,700 Food Service Leader ,229 23,738 28,015 26,100 24,900 26,200 27,500 Food Service Leader OT Wages Custodian ,807 34,412 44,752 57,800 52,300 54,900 57,600 Custodian OT Wages ,156 1,300 1,400 1,500 1,600 Facilities Manager ,469 28,566 31,816 36,400 32,900 34,500 36,300 Facilities Manager OT Wages ,185 1,300 1,400 1,500 1,600 Project Manager (Construction) ,138 54,100 49,000 51,400 54,000 Pupil Support Stipends ,750 2,500 2,500 2,500 2,500 2,500 2,500 Subtotal 2200 $ 116,018 $ 119,413 $ 171,157 $ 222,600 $ 208,600 $ 219,000 $ 229,900 Administrator Hourly Wage Costs 2300 No Administrator Hourly Wage Costs currently projected Subtotal 2300 $ - $ - $ - $ - $ - $ - $ - Clerical, Technical & Other Office Employee Ho 2400 Clerical Stipends , Admin Asst II/Data Technician ,316 37,211 42,587 48,300 43,700 45,900 48,200 Admin Asst II/Data Technician OT Wages ,799 4,300 4,500 4,700 4,900 Admin Asst I: School Secretary ,092 30,323 38,106 22,300 23,400 24,600 25,800 Admin Asst I: School Secretary OT Wages Admin Asst I: Office Clerk ,160 63,395 40,602 47,100 42,600 44,700 47,000 Admin Asst I: Office Clerk OT Wages ,315 2,600 2,700 2,800 2,900 Media Technician ,118 21, Media Technician OT Wages Subtotal 2400 $ 96,567 $ 142,047 $ 151,491 $ 125,470 $ 117,800 $ 123,600 $ 129,700 Other Classified Employee Hourly Wage Costs 2900 Noon Duty I ,013 51,613 50,934 52,600 54,150 58,250 62,450 Noon Duty III , Noon Duty II (supervisor) ,400 2,520 2,646 2,779 Subtotal 2900 $ 46,816 $ 51,613 $ 50,934 $ 55,000 $ 56,670 $ 60,896 $ 65,229 Subtotal Hourly Staff Wage Costs 2000 $ 396,437 $ 530,871 $ 556,322 $ 613,104 $ 601,920 $ 646,146 $ 685,079 TOTAL ALL CLASSIFIED WAGES $ 438,538 $ 602,656 $ 724,882 $ 717,304 $ 711,320 $ 760,946 $ 805,679 03/03/2019 Budget:Compensation Section V: Page 8

15 Expenditures Worksheet Employee Benefits SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection State Teachers Retirement System (STRS) Certificated contributions , , , , , , ,000 Noncertificated contributions STRS Subtotal $ 137,953 $ 170,626 $ 219,221 $ 305,200 $ 358,700 $ 409,600 $ 430,000 Public Employees Retirement System (PERS) Certificated contributions ,183 8,405 10, Noncertificated contributions ,936 80, , , , , ,400 PERS Subtotal $ 59,936 $ 85,459 $ 115,605 $ 140,500 $ 147,200 $ 178,100 $ 197,400 Old Age, Survivors, Disability, and Health Insurance (OASDI) Medicare, certificated contributions ,580 21,292 23,579 28,100 30,400 32,800 34,400 Medicare, noncertificated contributions ,359 8,739 10,511 10,400 10,300 11,000 11,700 Social Security, noncertificated contribut ,643 39,769 47,744 44,500 44,100 47,200 50,000 OASDI Subtotal $ 58,582 $ 69,799 $ 81,834 $ 83,000 $ 84,800 $ 91,000 $ 96,100 Health Benefit Costs (HDV) Combined HDV estimate, certificated con , , , , , , ,800 Combined HDV estimate, noncertificated ,744 82, , , , , ,000 HDV Subtotal $ 219,911 $ 263,172 $ 336,901 $ 354,800 $ 385,200 $ 414,200 $ 436,800 Unemployment Insurance (FUTA/SUI/SEF) Certificated contributions ,000 1,000 1,100 1,200 Noncertificated contributions SUI/SEF Subtotal $ 1,292 $ 1,406 $ 368 $ 1,400 $ 1,400 $ 1,500 $ 1,600 Worker's Compensation Insurance (WC) Certificated contributions ,428 17,586 19,385 18,000 19,500 21,100 22,100 Noncertificated contributions ,076 7,218 8,641 6,700 6,600 7,100 7,500 WC Subtotal $ 21,504 $ 24,804 $ 28,026 $ 24,700 $ 26,100 $ 28,200 $ 29,600 Total Benefit Costs $ 499,177 $ 615,266 $ 781,955 $ 909,600 $ 1,003,400 $ 1,122,600 $ 1,191,500 03/03/2019 Budget:Benefits Section V: Page 9

16 Expenditures Worksheet Books and Supplies SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection Approved Textbooks and Core Curricula Materials 4100 New Textbooks (students) ,420 18,312-5,800 9,000 6,700 Replacement Textbooks (students) ,200 21, Other (English Adoption) , Other (Textbooks, Title I) Other (Textbook updates) , ,000 94,100 10,000 10,300 Subtotal, Approved Textbooks and Core Curricula Materials 99,004 27,569 $ 18,312 $ 91,000 $ 99,900 $ 19,000 $ 17,000 Books and Other Reference Materials 4200 Library Books Other (Identify) Subtotal, Books and Other Reference Materials $ - $ - $ - $ - $ - Materials and Supplies 4300 Custodial Supplies ,872 11,759 15,110 14,300 15,200 16,200 17,200 Instructional Supplies ,236 37,294 50,204 61,200 50,400 54,200 57,200 Instructional Supplies (teachers) ,000 28,000 29,000 29,000 MTSS Software/Supplies ,000 1,000 1,000 - Music Supplies ,391 1,400 1,500 1,500 1,600 Office Supplies ,103 26,971 37,248 35,300 37,700 40,600 43,200 PE Supplies (students) ,000 1,000 1,000 1,000 STEM Supplies ,563 10,000 10,800 11,700 12,500 Tech Supplies ,693 7,200 7,800 8,600 9,400 Testing Supplies ,519 1, Title I Instructional Supplies ,611 7,233 7,400 7,700 8,000 8,300 Subtotal, Materials and Supplies 85,071 82,188 $ 130,508 $ 171,800 $ 161,100 $ 171,800 $ 179,400 Non Capitalized Equipment 4400 Classroom Updates ,489 19,560 20,200 20,700 4,400 4,600 4,700 Classroom Tablets ,000 10,300 10,700 11,100 11,500 Classroom Technology ,108 8, Subtotal, Non Capitalized Equipment 9,489 19,560 $ 60,308 $ 39,300 $ 15,100 $ 15,700 $ 16,200 Food for Student Nutrition 4700 NSLP Meal costs , , , , , , ,900 Other (Identify) Subtotal, Food for Student Nutrition 124, ,837 $ 132,576 $ 126,000 $ 133,600 $ 143,500 $ 151,900 Total Books & Supplies , ,155 $ 341,704 $ 428,100 $ 409,700 $ 350,000 $ 364,500 03/03/2019 Budget:Books Section V: Page 10

17 SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection Personal Services of Instructional Consultants, Lecturers & Others SpEd Psychologist ,000 41,000 70,000 72,000 74,000 77,000 79,000 SpEd Speech Pathologist ,174 33,873 60,000 45,100 47,000 49,000 51,000 Educational Coaching & Support Contract , Subtotal of Personal Services of Instructional Consultants, Lecturers & Others Expenditures Worksheet Services and Operational Expenses $ 106,174 $ 74,873 $ 132,341 $ 117,100 $ 121,000 $ 126,000 $ 130,000 Travel and Conference Combined Estimate (Unrestricted) ,465 38,531 49,300 25,300 26,200 27,100 28,000 Combined (Restricted Programs) ,564 22,691 30,456 25,600 21,100 21,700 22,400 Subtotal of Travel and Conference $ 43,029 $ 61,223 $ 79,756 $ 50,900 $ 47,300 $ 48,800 $ 50,400 Dues and Memberships (ACSA) Association of California School Adminis ,233 1,351 1,384 1,415 (CCSA) California Charter Schools Association ,100 2,385 4,750 5,150 4,770 4,890 5,070 (WASC) Western Association of Schools & Colle , , Other Dues & Memberships ,124 1, ,006 1,017 1,027 1,089 Subtotal of Dues and Memberships $ 4,384 $ 4,297 $ 6,552 $ 10,824 $ 7,948 $ 8,111 $ 8,384 Insurance 5400 Combined Estimate ,301 26,381 33,075 34,800 36,000 37,300 38,500 Subtotal of Insurance $ 26,301 $ 26,381 $ 33,075 $ 34,800 $ 36,000 $ 37,300 $ 38,500 Operation and Housekeeping Services Fire Extinguisher Maintenance Service Security Alarm Monitoring Service , ,000 Pest Control Service ,100 1,200 1,000 1,100 1,200 1,300 1,400 Utilities Electricity ,855 48,297 51,734 53,100 58,000 60,100 62,100 Gas ,925 1,659 1,467 1,600 1,700 1,800 1,900 Waste Disposal ,643 8,219 8,788 9,100 9,500 9,900 10,300 Water ,348 7,086 9,309 9,600 10,000 10,400 10,800 Subtotal of Utilities 62,771 65,261 71,299 73,400 79,200 82,200 85,100 Subtotal of Operation and Housekeeping Services $ 65,184 $ 67,675 $ 73,438 $ 75,680 $ 81,680 $ 84,880 $ 87,980 03/03/2019 Budget:OpCosts Section V: Page 11

18 Expenditures Worksheet Services and Operational Expenses SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection Rentals, Leases, Repairs and Noncapitalized Improvements Copier (lease/rental) ,106 23,909 25,479 26,200 27,100 28,100 29,000 Computers (perpetual lease) ,170 21, Equipment (lease/rental) , ,200 1,200 1,200 1,200 Portable Classrooms (2010 Pac-Van lease) ,197 7,197 7,197 7,197 7,197 7,197 7,197 Portable Classrooms (2013 Mobile Modular leas ,060 18,060 28,162 28,162 28,162 28,162 28,162 Portable Classrooms (2016 Mobile Modular leas ,920 29,228 29,228 29,228 29,228 29,228 Portable Classrooms (2018 SKC lease) ,200 19,200 19,200 19,200 Property (other lease/rental) ,900 1,298 4,136 1,383 1,383 1,383 1,383 Property Lease (from LLC) , , ,000 Property (repairs) ,649 24,366 17,174 18,000 19,200 20,400 21,600 Subtotal of Rentals, Leases, Repairs and Noncapitalized Improvements $ 149,082 $ 126,140 $ 112,269 $ 130,570 $ 857,670 $ 859,870 $ 861,970 Professional/Consulting Services and Operating Expenses Accounting (QB Processing) ,599 1,825 1,870 1,930 2,000 2,060 Advertising ,053 1,885 3,920 4,020 4,150 4,300 4,440 Audit Services ,320 3,200 10,925 11,210 11,590 12,000 12,380 Bank Fees, Fees and Taxes 5822 (1,451) 3,369 3,215 3,300 3,410 3,530 3,650 Business Services ,968 79,870 68, ,600 48,000 49,700 51,300 SBE Financial Oversight Fee ,130 36,495 38,658 39,200 42,300 45,000 47,800 IT/IS/Networking Services ,266 96,575 43,403 55,000 56,900 58,900 60,800 Interest Expense Legal Services ,953 21,283 58,332 59,900 61,900 64,100 66,100 Nutrition Program ,853 1, Professional Development , ,125 4,000 4,100 4,200 4,300 Prop 39 CCEJA Expenses , Sewer Assessment ,302 1,115 1,572 1,600 1,700 1,800 1,900 Special Education Services ,710 23, Student Information Services ,840 5,900 7,250 11,710 12,130 12,580 12,970 Student Testing & Assessment Subtotal of Professional/Consulting Services and Operating Expenses $ 275,488 $ 277,472 $ 241,559 $ 607,510 $ 248,510 $ 258,510 $ 268,100 Communications Postage and Shipping ,784 3,023 3,053 3,100 3,200 3,300 3,400 Telephone ,892 7,943 4,025 4,100 4,200 4,400 4,500 Subtotal of Communications $ 10,676 $ 10,967 $ 7,078 $ 7,200 $ 7,400 $ 7,700 $ 7,900 Total Services & Operational Expenses $ 680,319 $ 649,028 $ 686,067 $ 1,034,583 $ 1,407,508 $ 1,431,171 $ 1,453,234 03/03/2019 Budget:OpCosts Section V: Page 12

19 ESSA: Title I, Part A Program Budget and Reconciliation Worksheet SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection Comments PROGRAM SUMMARY REVENUES ESSA: Title I, Part A ,845 83,562 99, , , , ,800 Carryover from Prior Year TOTAL REVENUES $ 72,845 $ 83,562 $ 99,948 $ 103,783 $ 106,980 $ 110,700 $ 113,800 EXPENDITURES Certificated Salaries ,730 45,476 60,440 63,660 68,900 76,500 82,600 Classified Salaries ,662 53,944 33,237 7,963 4, Employee Benefits ,379 38,469 20,133 24,280 26,520 29,710 32,150 Books & Supplies ,090 4,611 7,233 7,400 7,700 8,000 8,300 Services & Operational Expenses , TOTAL EXPENDITURES $ 122,095 $ 145,181 $ 121,574 $ 103,303 $ 107,470 $ 114,210 $ 123,050 PROGRAM SURPLUS/(DEFICIT) $ (49,250) $ (61,619) $ (21,626) $ 480 $ (490) $ (3,510) $ (9,250) EXPENDITURE DETAILS Certificated Employee Compensation Teachers Regular Program ,220 28, Cost prorated at 100% Teacher Stipends ,900 1,500 2, Teacher Hourly Tutoring Day-to-Day Substitutes , Teacher Reading ,644 57,540 63,660 68,900 76,500 82,600 Cost prorated at 100% Certificated Subtotal $ 60,730 $ 45,476 $ 60,440 $ 63,660 $ 68,900 $ 76,500 $ 82,600 Number of Certificated FTEs in this Progam FTE count for positions listed above Classified Employee Compensation Classified Wage Costs (Hourly Employees) Title I Instructional Aide ,094 33,237 7,963 4, Cost prorated at 100% Food Service Leader Cost prorated at 100% Custodian Cost prorated at 100% Unidentified Clerical Worker Cost prorated at 100% Noon Duty I ,662 (84) Cost prorated at 100% Classified Wage Subtotal 2000 $ 42,662 $ 54,942 $ 33,237 $ 7,963 $ 4,350 $ - $ - Classified Subtotal 2000 $ 42,662 $ 54,942 $ 33,237 $ 7,963 $ 4,350 $ - $ - Number of Classified FTEs in this Progam FTE count for positions listed above Benefits STRS ,253 5,951 8,562 10,360 11,800 13,850 14,950 PERS ,052 8,050 4, Noon Duty Aides are not in PERS Medicare ,429 1,444 1,346 1,040 1,060 1,110 1,200 Social Security ,645 3,410 2, Health and Welfare Benefits ,661 18,285 2,060 11,680 12,670 14,000 15,190 Noon Duty Aides ineligible Unemployment Insurance Workers' Compensation Insurance ,289 1,291 1, Subtotal Benefit Costs 3000 $ 17,379 $ 38,469 $ 20,133 $ 24,280 $ 26,520 $ 29,710 $ 32,150 Books & Supplies Other (Textbooks, Title I) Cost prorated at 100% Title I Instructional Supplies ,611 7,233 7,400 7,700 8,000 8,300 Cost prorated at 100% Subtotal Books & Supplies 4000 $ 1,090 $ 4,611 $ 7,233 $ 7,400 $ 7,700 $ 8,000 $ 8,300 Operating Costs Travel and Conference , Dues and Memberships Professional Development Capital Costs Subtotal Operating Costs 5000 $ 233 $ 2,681 $ 531 $ - $ - $ - $ - No Capital Costs costs currently projected Subtotal Expenses $ 122,095 $ 146,179 $ 121,574 $ 103,303 $ 107,470 $ 114,210 $ 123,050 03/03/2019 Budget:Title I Section V: Page 13

20 ESSA: Title II, Part A Program Budget and Reconciliation Worksheet SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection Comments PROGRAM SUMMARY REVENUES ESSA: Title II, Part A $ 908 $ 3,786 $ 14,870 $ 15,949 $ 16,400 $ 17,100 $ 17,600 Carryover from Prior Year - - 2,533 4,791 20,740 37,140 54,240 < Carryover indicates underspen TOTAL REVENUES $ 908 $ 3,786 $ 17,403 $ 20,740 $ 37,140 $ 54,240 $ 71,840 EXPENDITURES Certificated Salaries $ 1,400 $ - $ - $ - $ - $ - $ - Classified Salaries Employee Benefits Books & Supplies , Services & Operational Expenses , TOTAL EXPENDITURES $ 1,821 $ 1,253 $ 12,612 $ - $ - $ - $ - PROGRAM SURPLUS/(DEFICIT) $ (913) $ 2,533 $ 4,791 $ 20,740 $ 37,140 $ 54,240 $ 71,840 EXPENDITURE DETAILS Certificated Employee Compensation Teachers Regular Program Input per P&L by Program at UA Teacher Stipends , Input per P&L by Program at UA Classified Employee Compensation Benefits Certificated Subtotal $ 1,400 $ - $ - $ - $ - $ - $ - No Classified Employee Compensation costs currently projected No Benefits costs currently projected Books & Supplies Office Supplies Input per P&L by Program at UA Testing Supplies , Input per CY P&L by Program Subtotal Books & Supplies 4000 $ 23 $ 1,253 $ - $ - $ - $ - $ - Operating Costs Travel & Conference , Professional Development Input per P&L by Program at UA Other (Identify) 5x Capital Costs Subtotal Operating Costs 5000 $ 398 $ - $ 12,612 $ - $ - $ - $ - No Capital Costs costs currently projected Subtotal Expenses $ 1,821 $ 1,253 $ 12,612 $ - $ - $ - $ - 03/03/2019 Budget:Title II Section V: Page 14

21 NSLP National School Lunch Program Budget and Reconciliation Worksheet SACS Audited Audited Audited 2nd Interim Long Range Long Range Long Range Budget Type Code Draft Projection Projection Projection Comments PROGRAM SUMMARY REVENUES Federal Child Nutrition (NSLP) , , , , , , ,000 State Child Nutrition Funding Rate/ADA ,241 8,365 9,190 8,600 8,900 9,300 9,600 Food Service Sales (paid meals) ,419 20,750 21, Received from Paying Students Other Local Programs Carryover from Prior Year TOTAL REVENUES $ 124,485 $ 133,994 $ 142,012 $ 113,300 $ 116,400 $ 120,900 $ 124,200 EXPENDITURES Certificated Salaries Classified Salaries ,656 45,946 47,418 53,800 50,000 52,400 55,100 Employee Benefits ,301 13,237 17,841 21,570 21,540 23,970 25,830 Books & Supplies , , , , , , ,900 Services & Operational Expenses ,675 5,227 1,110 2,700 2,800 2,900 3,000 TOTAL EXPENDITURES $ 190,210 $ 188,247 $ 198,944 $ 204,070 $ 207,940 $ 222,770 $ 235,830 PROGRAM SURPLUS/(DEFICIT) $ (65,725) $ (54,253) $ (56,932) $ (90,770) $ (91,540) $ (101,870) $ (111,630) EXPENDITURE DETAILS Certificated Employee Compensation No certificated staffing will be charged to this program Classified Employee Compensation Classified Support Stipends Cost prorated at 100% Food Service Leader ,229 23,533 28,158 26,100 24,900 26,200 27,500 Cost prorated at 100% Custodian ,471 6,909 6,455 11,600 10,500 11,000 11,600 Cost prorated at 20% Facilities Manager ,540 8,559 8,383 10,900 9,900 10,300 10,900 Cost prorated at 30% Admin Asst I: Office Clerk ,416 6,944 4,422 5,200 4,700 4,900 5,100 Cost prorated at 11% Classified Subtotal 2000 $ 43,656 $ 45,946 $ 47,418 $ 53,800 $ 50,000 $ 52,400 $ 55,100 Number of Classified FTEs in this Progam FTE count for positions listed above Benefits PERS ,097 5,912 7,245 9,720 10,350 12,260 13,500 Medicare Social Security ,644 2,850 2,881 3,340 3,100 3,250 3,420 Health and Welfare Benefits ,336 3,496 6,448 7,200 6,860 7,180 7,570 Unemployment Insurance Workers' Compensation Insurance Subtotal All Benefit Costs 3000 $ 11,301 $ 13,237 $ 17,841 $ 21,570 $ 21,540 $ 23,970 $ 25,830 Books & Supplies Materials and Supplies #REF! NSLP Meal costs , , , , , , ,900 #REF! Subtotal Books & Supplies 4000 $ 124,578 $ 123,837 $ 132,576 $ 126,000 $ 133,600 $ 143,500 $ 151,900 Operating Costs Water ,702 1,701-2,300 2,400 2,500 2,600 Cost prorated at 24% Property (repairs) Computers (perpetual lease) , IT/IS/Networking Services Nutrition Program , Contract costs Bank Fees, Fees and Taxes Capital Costs Subtotal Operating Costs 5000 $ 10,675 $ 5,227 $ 1,110 $ 2,700 $ 2,800 $ 2,900 $ 3,000 No Capital Costs costs currently projected Subtotal Expenses $ 190,210 $ 188,247 $ 198,944 $ 204,070 $ 207,940 $ 222,770 $ 235,830 03/03/2019 Budget:NSLP Section IV: Page 15