CWC Hollywood - Financial Dashboard (August 2012)

Transcription

1 CWC Hollywood - Financial Dashboard (August 212) Cash Balance Income Statement Actual YTD YTD Budget YTD B/(W) Total Forecast % of Total Full Year Total Budget % of Total Principal Apportionment 43,517 2,34 23,213 1,186,86 53% 1,181,3 52% 5,829 Federal Revenue 6,89 3,31 3,58 116,844 5% 125,7 5% (8,226) State Revenue 18,32 8,934 9,99 35,253 16% 368,89 16% (17,835) Other Local Revenue 5, , ,92 11% 242,563 11% 1,529 Grants/Fundraising (182) 36,33 16% 36,2 16% (167) TOTAL REVENUE 73,289 32,938 4,352 2,258,82 1% 2,276,952 1% (18,87) Salaries & Benefits 124, ,73 9,714 1,497,71 64% 1,48,75 66% (17,625) Student Supplies 2,82 49,78 47, ,69 7% 176,882 8% 15,192 Operating Expenses 27,497 8,145 (19,352) 395,713 17% 423,152 19% 27,44 Other 1,35 27,893 26, ,537 12% 179,427 8% (17,11) B/(W) Actual and Projected Cash Budget (Approved) TOTAL EXPENSES 155, ,89 64,62 2,341,64 1% 2,259,537 1% (82,13) Income/(Loss) (81,999) (186,953) 14,954 (83,558) 17,415 (1,973) Y/E CASH BALANCE Projected Budget Better / (Worse) Revenue / ADA Cost / ADA $ (7,52) $ 5,174 $ (75,694) Projected 8,91 Projected 9,239 3 Income From Operations 2 1 Budget 8,984 Budget 8,915 Better / (Worse) (74) Better / (Worse) (324) STATE BUDGET UPDATE Actual Income Act & Proj Income Budget (Approved) FY NET INCOME/ (LOSS) 3 25 Projected Budget Better / (Worse) $ (83,558) $ 17,415 $ (1,973) ADA As described in previous state budget updates, the FY 2 state budget includes automatic trigger cuts to K-12 general purpose funding of 8.4% if voters reject Proposition 3, a November ballot measure that would temporarily increase sales tax by a quarter cent and personal income tax for those making $25, or more. The latest polling data shows Proposition 3 leading by a narrow margin. A poll by the Public Policy Institute of California (PPIC) released on September 19, 212 shows only 52% of likely voters would vote to approve Proposition 3. The Field Poll, released the following day, shows only 51% of likely voters support the measure. Both polls show a competing initiative, Proposition 38, losing by a significant margin. Proposition 38 would increase income tax rates for most Californians for a 12-year period to support education. The PPIC poll found that voters were evenly split on Proposition 38 with 45% in favor and 45% against. The Field Poll shows 41% of likely voters in support and 45% in opposition. While Proposition 3 continues to outpoll Proposition 38, some analysts suggest that Proposition 38 could still undermine Proposition 3. The Field Poll shows that while 35% of likely voters support both tax measures, 7% of likely voters support Proposition 38 and are opposed to or undecided about Proposition 3. According to the PPIC poll, while voter support for Proposition 3 is lukewarm, 75% of voters oppose the reductions to K-12 schools that Proposition 3 s failure would trigger. The Field Poll has a margin of error of plus or minus 3.4 percentage points and the PPIC poll has a margin of error of plus or minus 3.5 percentage points. ExED will continue to monitor the tax initiatives and other state budget developments and provide updates. 2 Balance Sheet Analysis Prior Month Current Month Comment 15 Cash 133, ,66 Accounts Receivable 331,34 12,973 1 Due from Others Accounts Payable (Including Payroll) 5,646 1,99 Due to Others 4,949 5,859 5 Available Line of Credit Total Debt Cash Ratio (Cash/CL) > 1 is good Quick Ratio ((Cash+AR)/CL) > 1 is good Actual ADA Budget ADA Debt-Equity Ratio - - < 1 is good Average ADA Average ADA Debt Service Coverage Ratio (DSCR) N/A N/A > 1.1 is good Lease Payment Coverage Ratio > 1.35 is good Actuals As of Interest Coverage Ratio N/A N/A > 1.5 is good Month Budget Better / (Worse) Forecast Days Cash on Hand > 45 is good Enrollment Average ADA ADA %.% 96.%.% 96.% P-1 ADA N/A P-2 ADA N/A 1

2 CWC Silverlake - Financial Dashboard (August 212) Cash Balance Income Statement Actual YTD YTD Budget YTD B/(W) Total Forecast % of Total Full Year Total Budget % of Total Principal Apportionment - 29,225 (29,225) 1,89,968 56% 1,699,968 53% (61,) Federal Revenue - 4,363 (4,363) 119,792 6% 19,248 6% (7,456) State Revenue - 12,859 (12,859) 326,259 17% 562,154 17% (235,895) Other Local Revenue 658 (658) 31,752 2% 189,286 6% (157,534) Grants/Fundraising (373) 367,262 19% 576, 18% (28,738) TOTAL REVENUE 47,479 (47,479) 1,935,33 1% 3,217,656 1% (1,282,623) Salaries & Benefits 74,56 197, ,599 1,166,13 59% 1,873,557 61% 77,427 Student Supplies 5,827 38,5 32, ,88 11% 339,284 11% 122,477 Operating Expenses 13,86 87,119 73, ,371 16% 574,224 19% 258,852 Other 1,27 41,268 4, ,296 14% 264,943 9% (18,353) B/(W) Actual and Projected Cash Budget (Approved) TOTAL EXPENSES 94, , ,826 1,981,65 1% 3,52,8 1% 1,7,43 Income/(Loss) (94,715) (317,63) 222,348 (46,572) 165,648 (212,22) Y/E CASH BALANCE Projected Budget Better /(Worse) Revenue / ADA Cost / ADA $ (131,731) $ (126,769) $ (4,962) Projected 8,314 Projected 8,514 2 Income From Operations 1 Budget 8,82 Budget 8,366 Better /(Worse) (57) Better /(Worse) (148) STATE BUDGET UPDATE FY NET INCOME/ (LOSS) Act & Proj Income Budget (Approved) Projected Budget Better /(Worse) $ (46,572) $ 165,648 $ (212,22) ADA As described in previous state budget updates, the FY state budget includes automatic trigger cuts to K 12 general purpose funding of 8.4% if voters reject Proposition 3, a November ballot measure that would temporarily increase sales tax by a quarter cent and personal income tax for those making $25, or more. The latest polling data shows Proposition 3 leading by a narrow margin. A poll by the Public Policy Institute of California (PPIC) released on September 19, 212 shows only 52% of likely voters would vote to approve Proposition 3. TheField Poll, released the following day, shows only 51% of likely voters support the measure. Both polls show a competing initiative, Proposition 38, losing by a significant margin. Proposition 38 would increase income tax rates for most Californians for a 12 year period to support education. The PPIC poll found that voters were evenly split on Proposition 38 with 45% in favor and 45% against. TheField Poll shows 41% of likely voters in support and 45% in opposition. While Proposition 3 continues to outpoll Proposition 38, some analysts suggest that Proposition 38 could still undermine Proposition 3. TheField Poll shows that while 35% of likely voters support both tax measures, 7% of likely voters support Proposition 38 and are opposed to or undecided about Proposition 3. According to the PPIC poll, while voter support for Proposition 3 is lukewarm, 75% of voters oppose the reductions to K 12 schools that Proposition 3 s failure would trigger. TheField Poll has a margin of error of plus or minus 3.4 percentage points and the PPIC poll has a margin of error of plus or minus 3.5 percentage points. ExED will continue to monitor the tax initiatives and other state budget developments and provide updates. 25 Prior Current Balance Sheet Analysis Month Month Comment 2 Cash 218, ,416 Accounts Receivable 15 Due from Others 1 5 Accounts Payable (Including Payroll) Available Line of Credit 162 1,48 Due to Others Total Debt 227,5 1,27 227,5 Cash Ratio (Cash/CL) 1,35 52 > 1 is good Quick Ratio ((Cash+AR)/CL) 1,35 52 > 1 is good Debt-Equity Ratio (25) (2.39) to 1 is good Actual ADA Budget ADA Average ADA Debt Service Coverage Ratio (DSCR) N/A N/A > 1.1 is good Lease Payment Coverage Ratio N/A N/A > 1.35 is good Actuals As of Interest Coverage Ratio N/A N/A > 1.5 is good Month Budget Better /(Worse) Forecast Days Cash on Hand > 45 is good Enrollment 384 (139) 245 Average ADA. 365 (132) 233 ADA %.% 95.%.% 95.% P-1 ADA N/A P-2 ADA N/A 2

3 FY Forecast FY Budget FY Variance to Budget (Better/(Worse) FY Forecast Per ADA RSO HW SL Total RSO HW SL Total RSO HW SL Total RSO HW SL Total Enrollment (139) (139) ADA (132) (132) REVENUE Revenue Limit Sources 815 Charter School General Purpose State Aid $ $ 842,115 $ 773,368 $ 1,615,483 $ $ 842,637 $ 1,212,887 $ 2,55,524 $ $ (522) $ (439,519) $ (44,41) $ 3,323 $ 3,323 $ 3, Charter Schools General Purpose Prior Year 896 In lieu of Property Taxes 344, ,61 661, , ,81 825,474 6,351 (17,48) (164,129) 1,36 1,36 1,36 Total Revenue Limit Sources 1,186,86 1,89,968 2,276,828 1,181,3 1,699,968 2,88,998 5,829 (61,) (64,171) 4,683 4,683 4, Other Federal Income 8181 Special Education IDEA 47,78 43,813 91,52 5,521 72, ,24 (2,813) (28,96) (31,72) Child Nutrition (Federal) 45,87 31,34 77,21 44,37 47,564 91,934 1,5 (16,223) (14,724) Title I, A, Basic Low Income 9,585 38,24 47,69 2,486 59,597 8,83 (1,91) (21,573) (32,474) Title II, A Teacher Quality 7,128 6,615 13,743 7,128 1,368 17,496 (3,753) (3,753) Title II, D EETT 8294 Title III, Limited English (LEP) 2,565 2,565 2,565 2, Title V, A Innovative Education 8296 Title V, B Charter Schools Grants 3,989 3,989 3,989 3, Other Federal Income Total Other Federal Income 116, , , ,7 19, ,318 (8,226) (7,456) (78,681) Other State Income 8311 Special Ed AB ,195 13, , , ,32 363,216 (6,71) (83,733) (9,434) Supplemental Hours 8434 Class Size Reduction (K 3) 852 Child Nutrition (State) 3,443 2,581 6,24 3,443 4,46 7,489 (1,465) (1,465) State Lottery Revenue 35,68 32,71 68,31 35,68 51,254 86,863 (18,553) (18,553) Charter Sch Categorical Blk Gr 134,332 13,83 265, ,954 28,74 356,658 (13,622) (77,874) (91,496) SB74 37,5 37,5 (37,5) (37,5) 8593 Art and Music Block Grant 8595 Secondary School Counselors 8599 Other State Revenue 34,675 29,559 64,234 32,187 46,33 78,516 2,488 (16,77) (14,282) Total Other State Income 35, , , ,89 562,154 93,242 (17,835) (235,895) (253,73) 1,382 1,42 1, Other Income Local 8634 Food Service Sales 37,357 31,752 69,19 37,357 49,766 87,124 (18,14) (18,14) Interest Income 2,744 3,95 6,694 (2,744) (3,95) (6,694) 869 All Other Income (afterschool, summer school, 25,47 25,47 22, ,57 338,32 3,9 (135,57) (132,561) Grants 8699 Fundraising 36,33 367, ,295 36,2 576, 936,2 (167) (28,738) (28,95) 1,421 1,578 1, Prior Year Adjustments 1,264 1,264 1,264 1, Total Other Income Local 64, ,14 1,3,139 62, ,286 1,368,5 1,362 (366,272) (364,91) 2,384 1,714 2,63 TOTAL REVENUE 2,258,82 1,935,33 4,193,116 2,276,952 3,217,656 5,494,68 (18,87) (1,282,623) (1,31,493) 8,91 8,314 8,624 3

4 EXPENSE FY Forecast FY Budget FY Variance to Budget (Better/(Worse) FY Forecast Per ADA RSO HW SL Total RSO HW SL Total RSO HW SL Total RSO HW SL Total 1 Certificated Salaries 111 Teachers Salaries 51,6 73,52 65,295 1,359,857 73,628 88, 1,583,628 (51,6) ,75 223,771 2,776 2,61 2, Teachers Subs 21,45 21,45 21,45 21, Teachers Extra Duty/Stipend 8, 2,898 1,898 5,5 5,5 (2,5) (2,898) (5,398) Certificated Pupil Support 13 Certificated School Administrators 114,75 95, ,992 33,59 137,7 9,85 9, 318,55 22,95 (4,997) (29,992) (12,4) Other Certificated 65, 65, 65, 65, Total 1 Certificated Salaries 165,81 828, ,185 1,722, ,7 821,428 1,35, 1,994,128 (28,11) (7,371) 36, ,334 3,27 3,129 3,543 2 Classified Salaries 21 Instructional Aides 259,8 225, , ,68 321,84 549,448 (31,472) 96,185 64,713 1, Classified Support (maintenance, food) 4,63 3,5 8,13 3,975 7, 1,975 (655) 3,5 2, Classified School Administrators 24 Clerical/Technical/Office 34,68 74,611 38,7 147,991 73,95 65,872 64,5 24,322 39,27 (8,739) 25,8 56, Other Classified (noon and yard supervisors, et 95,183 95, ,36 122,68 236,986 19, ,68 141, Total 2 Classified Salaries 34,68 433,55 267, ,39 73,95 411, ,2 1,1,732 39,27 (21,743) 248, ,692 1,71 1,151 1,514 3 Employee Benefits 3111 STRS 13,679 68,528 6,11 142,317 11,36 67,768 85, ,516 (2,319) (76) 25,278 22, PERS 3311 Social Security (OASDI) 2,15 26,98 16,67 45,665 4,585 25,529 31,993 62,17 2,435 (1,378) 15,386 16, Medicare 2,97 18,337 14,449 35,693 3,69 17,881 22,49 43, (456) 8,41 7, H & W Payment (medical, dental, vision insuran 4,524 94,9 55, ,573 8,376 97, ,585 24,44 3,852 2,579 79,436 85, SUI Payment Account 2,25 13,911 1,961 27,77 2,328 13,565 17,61 32, (346) 6,1 5, Wkr Comp Payment Account 12,814 12,814 25,628 4,233 24,664 31,2 59,917 4,233 11,85 18,26 34, B 1,4 1,4 2,219 2,219 1,178 1, Other Benefits Total 3 Employee Benefits 26,56 235,397 17,9 431,994 36,17 246, ,537 65,593 9,663 11, , , Supplies 411 Textbooks 22,44 3,625 53,65 29,387 48, 77,387 6,947 17,375 24, Other Books and Reference Materials 1,87 24,114 25,921 2,35 11,52 13, (12,594) (12,96) Instructional Materials 26,491 45,325 71,816 26,111 71,4 97,151 (381) 25,715 25, Office Supplies 2, 12,323 1,29 24,613 2, 12,677 34,56 49, ,27 24, Custodial Supplies 3, 556 2, 5, , 5,584 (3,) 28 3, Other Supplies 15,241 15, 3,241 12,986 2, 32,986 (2,255) 5, 2, Noncapitalized Furniture/Equipment 5, 11, 16, 15, 26,2 41,2 1, 15,2 25, Food Supplies 77,832 78, ,286 77, ,964 2,796 44,511 44, Food for School Lunch Program 479 Food Supplies Total 4 Supplies 5, 161,69 216,88 383,498 2, 176, , ,166 (3,) 15, , ,

5 FY Forecast FY Budget FY Variance to Budget (Better/(Worse) FY Forecast Per ADA RSO HW SL Total RSO HW SL Total RSO HW SL Total RSO HW SL Total 5 Operating Services 52 Travel and Conferences 1,5 3,5 5, 1,5 3,5 5, 1, 5, 5, Dues and Fees 4,45 6,25 1,7 6,874 19,412 26,286 2,424 13,162 15, Insurance (property, student accident, board) 26,973 14,588 14,588 56,15 15,719 13,44 29,159 (26,973) 1,13 (1,148) (26,991) Utilities and Housekeeping 86, , 88,2 14, 14, (86,861) (141) 13, (74,2) Building Rent 65, ,46 1,23 277,167 76, , ,58 (65,558) (34,674) 89,573 (1,659) Equipment Rental 5,184 6, 11,184 5,36 6, 11, Vendor Repairs 3,135 6, 9,135 3,135 1, 13,135 4, 4, Pupil Transportation General 4,7 5, 9,7 4,7 9, 13,7 4, 4, Legal/Audit 13,837 3,6 13,5 3,937 14, 6, 13,5 33, ,4 2, Advertisement/Recruitment 1,765 5, 6,765 1,869 5, 6, Non Instructional Consultants 2,5 18,662 5, 26,162 1, 18,546 49, 77,546 7,5 (116) 44, 51, Instructional Consultants 126,592 51,3 177, ,728 85,12 269,848 58,136 33,82 91, ExED 112,166 4,414 6,42 123, 13, 13, 17,834 (4,414) (6,42) 7, Other Services & Operating Expe 6,56 1, 16,56 2,845 1, 12,845 (3,715) (3,715) Factoring Fees 5896 Fair Share Special Education Cost 75,961 69,76 145,72 79, , ,582 3,86 45,56 48, Fundraising Cost 5,43 7,35 12,393 5, 2,16 25,16 (43) 12,81 12, Communications (tele, internet, postage) 6,13 8, 14,13 8,432 1, 18,432 2,419 2, 4, Telephone/Internet Expense 592 Internet Expense 593 Postage (UPS, Fedex, US Mail) Total 5 Operating Services 39, , ,371 1,2,48 155,5 423, ,224 1,152,876 (153,896) 27,44 258, ,397 1,561 1,355 2,99 6 Capital Outlay 69 Depreciation 667 1,7 1,674 1,7 5,667 6,674 (667) 5,667 5, 4 3 Total 6 Capital Outlay 667 1,7 1,674 1,7 5,667 6,674 (667) 5,667 5, Other Outgo 7299 District Oversight Fee 14,559 12,28 26,767 13,29 19,87 32,377 (1,269) 6,879 5, INDIRECT COSTS (Transferred to Central Admin (542,59) 27, ,88 (45,32) 165,13 24, ,739 (15,841) (3,898) 1,69 1, Debt Service Interest Total 7 Other Outgo (542,59) 285,53 283,296 26,767 (45,32) 178,42 259,276 32, ,739 (17,11) (24,2) 5,61 1,127 1, TOTAL EXPENSES 2,341,64 1,981,65 4,323,245 2,259,537 3,52,8 5,311,545 (82,13) 1,7,43 988,3 9,239 8,514 8,892 NET INCOME (83,558) (46,572) (13,13) 17, , ,63 (1,973) (212,22) (313,193) (33) (2) (268)

6 FY Forecast FY Budget FY Variance to Budget (Better/(Worse) FY Forecast Per ADA RSO HW SL Total RSO HW SL Total RSO HW SL Total RSO HW SL Total Beginning Cash Balance 2,238 9,163 29,41 9,428 9,428 19,81 9, ,973 Cash Flow from Operating Activities Net Income (83,558) (46,572) (13,13) 17, , ,63 (1,973) (212,22) (313,193) Change in Accounts Receivable Prior Year Accounts Receivable 336, , , ,445 (61,314) (61,314) Current Year Accounts Receivable (55,14) (522,286) (1,27,426) (518,465) (735,892) (1,254,357) 13, ,66 226,931 Change in Due from (39,667) (39,667) (79,333) (39,667) (39,667) (79,333) Change in Accounts Payable 18,745 23,56 42,251 17,344 67,88 85,152 1,41 (44,32) (42,91) Change in Due to 79,333 79,333 79,333 79,333 Summer Savings Program (5,) (5,) (5,) (5,) Change in Payroll Liaibilities (897) 1, (897) 1, Prepaid Expenditures 7,62 (7,284) 335 7,62 (7,284) 335 Deferred Revenue Depreciation Expense 667 1,7 1,674 1,7 5,667 6, (5,667) (5,) Cash Flow from Investing Activities Capital Expenditures (8,) (8,) (8,) (8,) (8,) 8, Cash Flow from Financing Activities Source 45, 45, 45, 45, Use Ending Cash Balance (7,52) (131,731) (22,251) 5,174 (126,769) (121,595) (75,694) (4,962) (8,656) 5% of Expenses Reserve Target 117,82 99,8 216, , ,6 265,577

7 CITIZENS OF THE WORLD LOS ANGELES - REGIONAL SUPPORT OFFICE CASH FLOW INCOME Total Enrollment 648 Enter Apportionment Schedule Scenario P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P Revenue Limit Sources 3-2 SSC Planning Apportionment % % 12% % 9% 9% 25% /26 2/39 64/83 6% 12% 8% 8% 8% 8% 8% 1/3 1/6 1/6 1/6 1/6 # of school days # of pay period days BUDGET Budget % Change # 815 Charter School General Purpose - State Aid % # 819 Charter Schools General Purpose - Prior Year % # 896 In lieu of Property Taxes % Total Revenue Limit Sources % Other Federal Income % # 8181 Special Education - IDEA % # 822 Child Nutrition (Federal) % # 8291 Title I, A, Basic Low Income % # 8292 Title II, A Teacher Quality % # 8293 Title II, D EETT % # 8294 Title III, Limited English (LEP) % # 8295 Title V, A Innovative Education % # 8296 Title V, B Charter Schools Grants % # 8297 Other Federal Income % Total Other Federal Income % Other State Income % # 8311 Special Ed - AB % # 8312 Supplemental Hours % # 8434 Class Size Reduction (K-3) % # 852 Child Nutrition (State) % # 856 State Lottery Revenue % # 859 Charter Sch Categorical Blk Gr % # 8591 SB % # 8593 Art and Music Block Grant % # 8595 Secondary School Counselors % # 8599 Other State Revenue % Total Other State Income % Other Income-Local % # 8634 Food Service Sales % # 866 Interest Income % # 869 All Other Income (afterschool, summer school, Enrich % # 8698 Grants % # 8699 Fundraising % # 8999 Prior Year Adjustments % Total Other Income-Local % TOTAL INCOME % EXPENSE % 1 Certificated Salaries % # 111 Teachers Salaries ,673 5,673 5,673 5,673 5,673 5,673 5,673 5,673 5,673 51,6 51,6 % # 117 Teachers Subs % # 1175 Teachers - Extra Duty/Stipend % # 12 Certificated Pupil Support % # 13 Certificated School Administrators 137, ,475 11,475 11,475 11,475 11,475 11,475 11,475 11,475 11,475 11, ,75 (22,95) -17% # 19 Other Certificated % Total 1 Certificated Salaries 137, ,475 17,148 17,148 17,148 17,148 17,148 17,148 17,148 17,148 17, ,81 28,11 2% 2 Classified Salaries - - % # 21 Instructional Aides % # 22 Classified Support (maintenance, food) % # 23 Classified School Administrators % # 24 Clerical/Technical/Office 73, ,468 3,468 3,468 3,468 3,468 3,468 3,468 3,468 3,468 3,468 34,68 (39,27) -53% # 29 Other Classified (noon and yard supervisors, etc) % Total 2 Classified Salaries 73, ,468 3,468 3,468 3,468 3,468 3,468 3,468 3,468 3,468 3,468-34,68 (39,27) -53% 3 Employee Benefits - - % # 3111 STRS 11, ,415 1,415 1,415 1,415 1,415 1,415 1,415 1,415 1,415-13,679 2,319 2% # 3212 PERS % # 3311 Social Security (OASDI) 4, ,15 (2,435) -53% # 3331 Medicare 3, ,97 (162) -5% # 341 H & W Payment (medical, dental, vision insurance) 8, ,524 (3,852) -46% # 351 SUI Payment Account 2, ,25 (123) -5% # 361 Wkr Comp Payment Account 4, (4,233) -1% # B 2, ,4 (1,178) -53% # 392 Other Benefits % Total 3 Employee Benefits 36, ,99 2,712 2,712 2,712 2,712 2,712 2,712 2,712 2,712 2,712-26,56 (9,663) -27% 4 Supplies - - % # 411 Textbooks %

8 CITIZENS OF THE WORLD LOS ANGELES - REGIONAL SUPPORT OFFICE CASH FLOW BUDGET Total Enrollment 648 Budget % Change # 431 Instructional Materials % # 435 Office Supplies 2, , - % # 437 Custodial Supplies , 3, % # 439 Other Supplies % # 44 Noncapitalized Furniture/Equipment % # 47 Food Supplies % # 471 Food for School Lunch Program % # 479 Food Supplies % Total 4 Supplies 2, , 3, 15% 5 Operating Services - - % # 52 Travel and Conferences 1, ,5 - % # 53 Dues and Fees % # 545 Insurance (property, student accident, board) ,697 2,697 2,697 2,697 2,697 2,697 2,697 2,697 2,697 2,697 26,973 26,973 % # 55 Utilities and Housekeeping ,686 8,686 8,686 8,686 8,686 8,686 8,686 8,686 8,686 8,686 86,861 86,861 % # 561 Building Rent ,284 7,284 7,284 7,284 7,284 7,284 7,284 7,284 7,284 65,558 65,558 % # 562 Equipment Rental % # 563 Vendor Repairs % # 5812 Pupil Transportation - General % # 582 Legal/Audit 14, - 1,937 9,1 2,8 13,837 (163) -1% # 583 Advertisement/Recruitment % # 585 Non-Instructional Consultants 1, ,5 (7,5) -75% # 5851 Instructional Consultants % # 5853 ExED 13, - - 1,834 1,133 1,133 1,133 1,133 1,133 1,133 1,133 1,133 1,133 1, ,166 (17,834) -14% # 589 Other Services & Operating Expe % 5891 Factoring Fees % # 5896 Fair Share Special Education Cost % # 5897 Fundraising Cost % # 59 Communications (tele, internet, postage) % # 591 Telephone/Internet Expense % # 592 Internet Expense % # 593 Postage (UPS, Fedex, US Mail) % Total 5 Operating Services 155,5-1,937 22,66 29,22 29,22 29,22 38,32 29,22 29,22 32,2 29,22 29,22 1,133 39, ,896 99% 6 Capital Outlay - - % # 69 Depreciation % Total 6 Capital Outlay % 7 Other Outgo - - % # 7299 District Oversight Fee % # 731 INDIRECT COSTS (Transferred to RSO) (45,32) - (1,937) (4,148) (53,3) (53,3) (53,3) (62,13) (53,3) (53,3) (55,83) (53,3) (53,697) (1,133) (542,59) (136,739) % # 7438 Debt Service - Interest % Total 7 Other Outgo (45,32) - (1,937) (4,148) (53,3) (53,3) (53,3) (62,13) (53,3) (53,3) (55,83) (53,3) (53,697) (1,133) (542,59) (136,739) % Total Expenses % - - % NET INCOME % - - %

9 CITIZENS OF THE WORLD LOS ANGELES - REGIONAL SUPPORT OFFICE CASH FLOW BUDGET Total Enrollment 648 Budget % Change Beginning Cash Balance (1,937) % Cash Flow from Operating Activities - - % Net Income % Change in Accounts Receivable - - % Prior Year Accounts Receivable % Current Year Accounts Receivable % Change in Due from - (1,937) 1, % Change in Accounts Payable % Change in Due to - 1, 1, 1, 1, 1, 1, 1, 1, (667) 79,333 79,333 % Change in Payroll Liaibilities % Prepaid Expenditures % Deferred Revenue % Depreciation Expense % Cash Flow from Investing Activities % Capital Expenditures (1,) (1,) (1,) (1,) (1,) (1,) (1,) (1,) - (8,) (8,) % Cash Flow from Financing Activities % Source % Use % Ending Cash Balance - - (1,937) % Ending Cash Balance 5% Reserve: - SL 218, , , ,52 35, , ,45 92,962 31,635 (84,83) (37,438) (131,731) HW 133, ,66 34,58 38, ,89 228,969 2,13 199,918 86,244 (44,461) (34,51) (7,52) RSO - (1,937) Total 352, , ,938 74, , , ,58 292,88 117,878 (128,544) (71,948) (22,251)

10 CITIZENS OF THE WORLD CHARTER SCHOOL HOLLYWOOD CASH FLOW INCOME Total Enrollment Enter Apportionment Schedule Scenario P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P Proposed Apportionment (Taxes Fail) % 2% ADVANCE 13% APPORTIONMENT 5% FIGURES 9% USED 9% 17% /41 5/93 49/ Revenue Limit Sources 6% 12% 8% 8% 8% 8% 8% 1/3 1/6 1/6 1/6 1/6 # of school days # of pay period days BUDGET Trend # 815 Charter School General Purpose - State Aid 842, , , ,19 22,816 42,223 72,84 81,551 18,59 1,45 6,127 26,54 377,31 842,115 (522) -.1% 842,115 - # 819 Charter Schools General Purpose - Prior Year % - - # 896 In lieu of Property Taxes 338, ,744 14,56 29,11 58,22 38,681 38,681 38,681 38,681 38,681 16,6 8,3 8,3 8,3 8,3 344,744 6, % 344,744 - Total Revenue Limit Sources 1,181,3 1,186,86 14,56 29,11 67,58 159,791 61,497 8,94 11,765 12,233 35,19 18,74 68,427 34,84 385,61 1,186,86 5,829.5% 1,186, Other Federal Income % - - # 8181 Special Education - IDEA 5,521 47,78 2,3 4,59 8,118 5,412 5,412 5,412 5,412 5,412 2,147 1,73 1,73 1,73 1,73 47,78 (2,813) -5.6% 47,78 - # 822 Child Nutrition (Federal) 44,37 45, ,587 4,587 4,587 4,587 4,587 4,587 18,348 45,87 1,5 3.4% 45,87 - # 8291 Title I, A, Basic Low Income 2,486 9, ,834 3,834 1,917 9,585 (1,91) -53.2% Explain 9,585 - # 8292 Title II, A Teacher Quality 7,128 7, ,851 2,851 1,426 7,128 -.% 7,128 - # 8293 Title II, D EETT % - - # 8294 Title III, Limited English (LEP) 2,565 2, ,565 2,565 -.% 2,565 - # 8295 Title V, A Innovative Education % - - # 8296 Title V, B Charter Schools Grants - 3, ,995 1,995 3,989 3,989.% 3,989 - # 8297 Other Federal Income % - - Total Other Federal Income 125,7 116,844 2,3 4,59 8,118 7,47 5,412 5,412 13,833 9,999 9,585 5,66 11,489 11,77 22, ,844 (8,226) -6.6% 116, Other State Income % - - # 8311 Special Ed - AB , ,195 6,11 12,22 24,44 16,29 16,29 16,29 16,29 16,29 6,657 3,329 3,329 3,329 3, ,195 (6,71) -4.5% 142,195 - # 8312 Supplemental Hours % - - # 8434 Class Size Reduction (K-3) % - - # 852 Child Nutrition (State) 3,443 3, ,33 3,443 ().% 3,443 - # 856 State Lottery Revenue 35,68 35, ,92 8,92 17,84 35,68 -.% 35,68 - # 859 Charter Sch Categorical Blk Gr 147, , ,784 18,625 4,292 7,942 11,537 15,341 2,81 1,579 9,127 4,23 57, ,332 (13,622) -9.2% Explain 134,332 - # 8591 SB % - - # 8593 Art and Music Block Grant % - - # 8595 Secondary School Counselors % - - # 8599 Other State Revenue 32,187 34, ,338 17,338 34,675 2, % 34,675 - Total Other State Income 368,89 35,253 6,11 12,22 25,828 34,654 2,321 24,316 36,813 31,714 9,811 14,154 3,137 7,696 96,775 35,253 (17,835) -4.8% Explain 35, Other Income-Local % - - # 8634 Food Service Sales 37,357 37, ,584 4,5 3,373 4,5 4,5 3,794 3,794 2,951 4,216 3,584 37,357 -.% 37,357 - # 866 Interest Income 2, (2,744) -1.% Explain 2,738 (2,738) # 869 All Other Income (afterschool, summer school, Enrichm 22,462 21,52 4,418-9,148 35,928 13,262 18,664 33,461 12,319 3,187 23,556 16,174 8,351 25,47 3,9 1.5% 21,52 4,418 # 8698 Grants % - - # 8699 Fundraising 36,2 36, , ,949 94,995 7,184 47,217 22,771 13,365 98,144 32,572 36,33 (167).% 36,2 (167) # 8999 Prior Year Adjustments , ,264 1,264.% - 1,264 Total Other Income-Local 62, ,69 4,478 1,174 2,28 4,541 52, ,672 44,651 63,331 56,752 39, ,534 44,57-64,125 1,362.2% 61,347 2,778 TOTAL INCOME 2,276,952 2,252,567 27,24 46, , , , ,34 26,62 225, ,257 78, ,587 98,84 55,14 2,258,82 (18,87) -.8% Explain 2,255,34 2,778 EXPENSE Certificated Salaries % % - - # 111 Teachers Salaries 73,628 73,52-33,93 66,96 66,96 66,96 66,96 66,96 66,96 66,96 66,96 66,96 66,96 73,52 (126).% 73,628 (126) # 117 Teachers Subs 21,45 21, ,145 2,145 2,145 2,145 2,145 2,145 2,145 2,145 2,145 2,145 21,45 -.% 21,45 - # 1175 Teachers - Extra Duty/Stipend 5,5 8, , 2,5 45.5% Explain 5,5 2,5 # 12 Certificated Pupil Support % - - # 13 Certificated School Administrators 9,85 91, 18,44 18,44 (9,211) 7,583 7,583 7,583 7,583 7,583 7,583 7,583 7,583 7,583 95,847 4, % 9,85 4,997 # 19 Other Certificated % - - Total 1 Certificated Salaries 821, ,952 18,44 52,37 6,694 77,488 77,488 77,488 77,488 77,488 77,488 77,488 77,488 77, ,799 7,371.9% 821,428 7,371 Budget % Change Explain? Previous Month Forecast Variance b/t FC and Prior Month FC

11 CITIZENS OF THE WORLD CHARTER SCHOOL HOLLYWOOD CASH FLOW Previous Month Variance b/t FC and BUDGET Trend Budget % Change Explain? Forecast Prior Month FC Total Enrollment Classified Salaries % - # 21 Instructional Aides 227,68 264,8-4,718 19,91 27,841 23,445 27,841 27,841 26,376 26,376 2,515 29,36 24,91 259,8 31, % Explain 232,686 26,394 # 22 Classified Support (maintenance, food) 3,975 3, , % Explain 3, # 23 Classified School Administrators % - - # 24 Clerical/Technical/Office 65,872 74, ,536 7,34 7,34 7,34 7,34 7,34 7,34 7,34 7,34 7,34 7,34 74,611 8, % Explain 65,872 8,739 # 29 Other Classified (noon and yard supervisors, etc) 114,36 95, ,65 8,758 9,788 8,243 9,788 9,788 9,273 9,273 7,212 1,33 8,758 95,183 (19,123) -16.7% Explain 139,266 (44,83) Total 2 Classified Salaries 411, ,493 1,225 12,494 36,77 45,82 39,74 45,82 45,82 43,79 43,79 35,69 47,84 41,77-433,55 21, % Explain 441,799 (8,295) 3 Employee Benefits % - # 3111 STRS 67,768 67,976 1,536 4,45 5,7 6,393 6,393 6,393 6,393 6,393 6,393 6,393 6,393 6,393-68, % 67, # 3212 PERS % - - # 3311 Social Security (OASDI) 25,529 27, ,237 2,795 2,423 2,795 2,795 2,671 2,671 2,174 2,919 2,547-26,98 1, % 27,392 (484) # 3331 Medicare 17,881 18, ,43 1,777 1,69 1,777 1,777 1,748 1,748 1,632 1,86 1,719-18, % 18,317 2 # 341 H & W Payment (medical, dental, vision insurance) 97,479 94, ,35 7,266 7,266 7,266 7,266 7,266 7,266 7,266 7,266 7,266 7,266 94,9 (2,579) -2.6% 99,979 (5,79) # 351 SUI Payment Account 13,565 13, ,64 1,348 1,282 1,348 1,348 1,326 1,326 1,238 1,37 1,34-13, % 13, # 361 Wkr Comp Payment Account 24,664 12,814-8, ,814 (11,85) -48.% Explain 12, # B % - - # 392 Other Benefits % - - Total 3 Employee Benefits 246, ,69 2,326 37,63 17,53 2,15 19,579 2,15 2,15 19,93 19,93 19,229 19,754 19, ,397 (11,489) -4.7% 239,475 (4,78) 4 Supplies % - # 411 Textbooks 29,387 22,44-1,813 1,313 1,313 22,44 (6,947) -23.6% Explain 22,44 - # 421 Other Books and Reference Materials 2,35 1, ,87 (498) -21.6% Explain 1,87 - # 431 Instructional Materials 26,111 26, ,649 2,649 2,649 2,649 2,649 2,649 2,649 2,649 2,649 2,649 26, % 26,491 - # 435 Office Supplies 12,677 12, ,25 1,25 1,25 1,25 1,25 1,25 1,25 1,25 1,25 1,25 12,323 (354) -2.8% 12,323 - # 437 Custodial Supplies (28) -4.7% # 439 Other Supplies 12,986 15, ,524 1,524 1,524 1,524 1,524 1,524 1,524 1,524 1,524 1,524 15,241 2, % Explain 15,241 - # 44 Noncapitalized Furniture/Equipment 15, 5, - - 2,5 2,5 5, (1,) -66.7% Explain 5, - # 47 Food Supplies 77,832 77, ,475 8,355 7,36 8,355 8,355 7,915 7,915 6,156 8,795 7,475 77,832 -.% 77,832 - # 471 Food for School Lunch Program % - - # 479 Food Supplies % - - Total 4 Supplies 176, ,69-2,82 19,151 26,626 13,789 12,47 13,789 13,789 13,349 13,349 11,59 14,229 7, ,69 (15,192) -8.6% Explain 161,69-5 Operating Services % - # 52 Travel and Conferences 3,5 3, ,5 -.% 3,5 - # 53 Dues and Fees 6,874 4,45-1, ,45 (2,424) -35.3% Explain 4, # 545 Insurance (property, student accident, board) 15,719 14,588-9, ,588 (1,13) -7.2% 13, # 55 Utilities and Housekeeping % # 561 Building Rent 76,732 14, ,412 17,696 1,412 1,412 1,412 1,412 1,412 1,412 1,412 1, ,46 34, % Explain 76,449 34,957 # 562 Equipment Rental 5,36 5, ,184 (122) -2.3% 5,184 - # 563 Vendor Repairs 3,135 3, ,135 -.% 3,135 - # 5812 Pupil Transportation - General 4,7 4, ,7 -.% 4,7 - # 582 Legal/Audit 6, 6, - - 3,6-3,6 (2,4) -4.% Explain 6, (2,4) # 583 Advertisement/Recruitment 1,869 1, ,765 (14) -5.6% 1,765 - # 585 Non-Instructional Consultants 18,546 18, ,777 1,875 1,875 1,875 1,875 1,875 1,875 1,875 1,875 1,875 18, % 18,662 - # 5851 Instructional Consultants 184, , ,56 12,726 12,726 12,726 12,726 12,726 12,726 12,726 12,726 12, ,592 (58,136) -31.5% Explain 164,592 (38,) # 5853 ExED , ,414 4,414.% 4,414 - # 589 Other Services & Operating Expe 2,845 6,56 - (33) ,56 3, % Explain 6, Factoring Fees % - - # 5896 Fair Share Special Education Cost 79,767 75,961 3,216 6,432 12,865 8,577 8,577 8,577 8,577 8,577 3,522 1,761 1,761 1,761 1,761 75,961 (3,86) -4.8% 75,961 () # 5897 Fundraising Cost 5, 5, , , , % 5, 43 # 59 Communications (tele, internet, postage) 8,432 6, ,13 (2,419) -28.7% Explain 8,513 (2,5) # 591 Telephone/Internet Expense % - - # 592 Internet Expense % - - # 593 Postage (UPS, Fedex, US Mail) % - - Total 5 Operating Services 423, ,372 3,216 22,345 41,93 44,857 39,548 38,875 41,176 38,35 32,525 3,843 3,428 3,728 1, ,713 (27,44) -6.5% Explain 42,735 (7,22) 6 Capital Outlay - # 69 Depreciation 1,7 1, ,7.% 1,7 - Total 6 Capital Outlay 1,7 1, ,7.% 1,7-7 Other Outgo % - # 7299 District Oversight Fee 13,29 13, , , ,223 1, ,429 14,559 1, % 13,212 1,347 # 731 INDIRECT COSTS (Transferred to RSO) 165,13 271, ,74 26,515 26,515 26,515 31,65 26,515 26,515 27,915 26,515 26,849 5,67 27,971 15, % Explain 178,546 92,425 # 7438 Debt Service - Interest % - - Total 7 Other Outgo 178,42 284, ,98 2,767 28,299 27,173 27,44 32,288 27,871 26,894 28,118 27,291 27,237 9, ,53 17,11 6.% Explain 191,758 93,772 Total Expenses 2,259,537 2,33,824 26, ,12 195, , , , ,969 22,53 213,37 24, ,678 21,28 18,745 2,341,64 82,13 3.6% Explain 2,259,892 81, NET INCOME 17,415 (78,258) 856 (82,854) (73,844) (17) (76,878) 6,839 (23,97) 4,774 (12,5) (125,746) 14,91 (111,944) 486,395 (83,558) (1,973) (4,588) (78,97)

12 CITIZENS OF THE WORLD CHARTER SCHOOL HOLLYWOOD CASH FLOW BUDGET Trend Total Enrollment Budget % Change Explain? Beginning Cash Balance 9,428 2,238 2, , ,66 34,58 38, ,89 228,969 2,13 199,918 86,244 (44,461) (34,51) (7,52) 2,238 19,81 2,238 - Cash Flow from Operating Activities Net Income 17,415 (78,258) 856 (82,854) (73,844) (17) (76,878) 6,839 (23,97) 4,774 (12,5) (125,746) 14,91 (111,944) 486,395 (83,558) (1,973) (4,588) (78,97) Change in Accounts Receivable Prior Year Accounts Receivable 397, ,131 5,98 21,61 118,227 9,411 - (6,666) 336,131 (61,314) 336,131 - Current Year Accounts Receivable (518,465) (55,14) (55,14) (55,14) 13,325 (545,32) 4,162 Change in Due from (5,) (5,) (5,) (5,) (5,) (5,) (5,) (5,) 333 (39,667) (39,667) - (39,667) Change in Accounts Payable 17,344 66,639 (67,59) (8,5) 75,56 18,745 18,745 1,41 19,686 (941) Change in Due to (91) Summer Savings Program - (5,) (5,) Change in Payroll Liaibilities - - (5,29) 4,394 (897) (897) - (897) Prepaid Expenditures & Deposits - - 7,62 7,62 7,62-7,62 Deferred Revenue - - Previous Month Forecast Variance b/t FC and Prior Month FC Depreciation Expense 1,7 1, ,7 1,7 - Cash Flow from Investing Activities Capital Expenditures Cash Flow from Financing Activities Source Use Ending Cash Balance 5,174 2, , ,66 34,58 38, ,89 228,969 2,13 199,918 86,244 (44,461) (34,51) (7,52) (7,52) (7,52) (75,694) 7,172 (77,692) 5% Reserve: 117,82

13 CITIZENS OF THE WORLD CHARTER SCHOOL - SILVERLAKE CASH FLOW ( INCOME Total Enrollment (139) Enter Apportionment Schedule Scenario P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P Proposed Apportionment (Taxes Fail) % 2% 13% 5% 9% 9% 17% 4% 2% 12% 5% 77% Revenue Limit Sources 6% 12% 8% 8% 8% 8% 8% 33% 17% 17% 17% 17% # of school days # of pay period days # 815 Charter School General Purpose - State Aid 1,212, , ,172 9,653 55,784 24,59 35,45 773,368 (439,519) -36% 76,741 12,626 # 819 Charter Schools General Purpose - Prior Year % - - # 896 In lieu of Property Taxes 487, ,938 24,861 24,861 24,861 24,861 24,861 45,452 22,726 22,726 22,726 22, ,61 (17,48) -35% 311,432 5,169 Total Revenue Limit Sources 1,699, ,938 34,986 24,861 24,861 24,861 24,861 62,624 32,379 78,51 47, ,771 1,89,968 (61,) -36% 1,72,173 17, Other Federal Income # 8181 Special Education - IDEA 72, ,886 3,55 3,55 3,55 3,55 3,55 6,134 3,67 3,67 3,67 3,67 43,813 (28,96) -4% 43, # 822 Child Nutrition (Federal) 47, ,134 3,134 3,134 3,134 3,134 3,134 12,536 31,34 (16,223) -34% 3, # 8291 Title I, A, Basic Low Income 59, ,21 15,21 7,65 38,24 (21,573) -36% 37, # 8292 Title II, A Teacher Quality 1, ,646 2,646 1,323 6,615 (3,753) -36% 6,57 18 # 8293 Title II, D EETT % - - # 8294 Title III, Limited English (LEP) % - - # 8295 Title V, A Innovative Education % - - # 8296 Title V, B Charter Schools Grants % - - # 8297 Other Federal Income % - - Total Other Federal Income 19, ,886 3,55 3,55 3,55 21,849 6,639 11,914 6,21 21,411 8,847 24, ,792 (7,456) -37% 117,836 1, Other State Income # 8311 Special Ed - AB , ,56 1,447 1,447 1,447 1,447 1,447 18,282 9,141 9,141 9,141 9,141 13,587 (83,733) -39% 128,455 2,132 # 8312 Supplemental Hours % - - # 8434 Class Size Reduction (K-3) % - - # 852 Child Nutrition (State) 4, ,581 (1,465) -36% 2, # 856 State Lottery Revenue 51, ,71 32,71 (18,553) -36% 32, # 859 Charter Sch Categorical Blk Gr 28, , ,316 1,864 1,771 4,748 67,588 13,83 (77,874) -37% 128,694 2,136 # 8591 SB74 37, (37,5) -1% - - # 8593 Art and Music Block Grant % - - # 8595 Secondary School Counselors % - - # 8599 Other State Revenue 46, ,78 14,78 29,559 (16,77) -36% 29, Total Other State Income 562, ,56 52,991 1,447 1,75 1,75 1,75 21,856 11,263 34,95 14, , ,259 (235,895) -42% 32,932 5, Other Income-Local # 8634 Food Service Sales 49, ,352 3,528 3,175 1,94 2,646 3,352 3,528 2,646 3,881 3,74 31,752 (18,14) -36% 31, # 866 Interest Income 3, (3,95) -1% - - # 869 All Other Income (afterschool, summer school, Enrichm 135,57 - () () () () () () - (135,57) -1% - - # 8698 Grants % - - # 8699 Fundraising 576, - - 8, , ,78 8,73 57,199 27,585 16,191 89, ,262 (28,738) -36% 361,432 5,83 # 8999 Prior Year Adjustments % - - Total Other Income-Local 765,286-12,19 4,146 46, ,19 11,349 6,551 31,113 18,837 93,379 3,74-399,14 (366,272) -48% 392,666 6,348 TOTAL INCOME 3,217,656-99,52 41,629 85, ,9 68,765 12, ,56 68,68 228,249 74,14 522,286 1,935,33 (1,282,623) -4% 1,93,67 31,426 EXPENSE 1 Certificated Salaries Budget # 111 Teachers Salaries 88, - 32,937 57,236 57,236 57,236 57,236 57,236 57,236 57,236 57,236 57,236 57,236 65,295 (274,75) -31% 597,363 7,931 # 117 Teachers Subs % - - # 1175 Teachers - Extra Duty/Stipend ,898 2,898 % 2,92 (22) # 12 Certificated Pupil Support % - - # 13 Certificated School Administrators 9, 7,5 14,99 3,893 7,5 7,5 7,5 7,5 7,5 7,5 7,5 7,5 7,5 119,992 29,992 33% 117,164 2,829 # 19 Other Certificated 65, (65,) -1% - - Total 1 Certificated Salaries 1,35, 7,5 47,174 88,45 65,12 65,12 65,12 65,12 65,12 65,12 65,12 65,12 65,12-728,185 (36,815) -3% 717,447 1,738 Budget % Change Previous Month Forecast Variance b/t FC and Prior Month FC

14 CITIZENS OF THE WORLD CHARTER SCHOOL - SILVERLAKE CASH FLOW ( Classified Salaries Budget Total Enrollment (139) Budget % Change # 21 Instructional Aides 321,84-11,968 25,175 23,418 21,76 12,88 17,563 22,247 23,418 17,563 25,759 24, ,655 (96,185) -3% 222,235 3,42 # 22 Classified Support (maintenance, food) 7, ,5 (3,5) -5% 3,5 - # 23 Classified School Administrators % - - # 24 Clerical/Technical/Office 64, ,87 3,87 3,87 3,87 3,87 3,87 3,87 3,87 3,87 3,87 38,7 (25,8) -4% 38,7 - # 29 Other Classified (noon and yard supervisors, etc) 122, (122,68) -1% - - Total 2 Classified Salaries 516,2-11,968 29,415 27,676 25,296 16,964 21,725 26,486 27,676 21,725 3,57 28, ,855 (248,165) -48% 264,435 3,42 3 Employee Benefits # 3111 STRS 85, ,99 7,293 5,363 5,363 5,363 5,363 5,363 5,363 5,363 5,363 5,363-6,11 (25,278) -3% 59,27 93 # 3212 PERS % - - # 3311 Social Security (OASDI) 31, ,824 1,716 1,568 1,52 1,347 1,642 1,716 1,347 1,864 1,79-16,67 (15,386) -48% 16, # 3331 Medicare 22, ,78 1,344 1,39 1,189 1,258 1,327 1,344 1,258 1,378 1,361-14,449 (8,41) -36% 14,24 29 # 341 H & W Payment (medical, dental, vision insurance) 134, ,473 5,473 5,473 5,473 5,473 5,473 5,473 5,473 5,473 5,473 55,149 (79,436) -59% 71,975 (16,826) # 351 SUI Payment Account 17, ,296 1, ,6 1, ,46 1,33-1,961 (6,1) -36% 1, # 361 Wkr Comp Payment Account 31, ,62 1,62 1,62 1,62 1,62 1,62 1,62 1,62 12,814 (18,26) -59% 12,814 - # B % - - # 392 Other Benefits % - - Total 3 Employee Benefits 322,537 1,41 6,373 19,197 16,518 16,31 15,581 15,997 16,414 16,518 15,997 15,125 15,2-17,9 (152,447) -47% 185,434 (15,344) 4 Supplies # 411 Textbooks 48, - 5,827 3, (6,125) 3,625 (17,375) -36% 3,125 5 # 421 Other Books and Reference Materials 11, ,114-24,114 12,594 19% 24,114 - # 431 Instructional Materials 71, ,533 4,533 4,533 4,533 4,533 4,533 4,533 4,533 4,533 4,533 45,325 (25,715) -36% 44, # 435 Office Supplies 34, ,29 1,29 1,29 1,29 1,29 1,29 1,29 1,29 1,29 1,29 1,29 (24,27) -7% 1, # 437 Custodial Supplies 5, , (3,) -6% 5, (3,) # 439 Other Supplies 2, - - 1,5 1,5 1,5 1,5 1,5 1,5 1,5 1,5 1,5 1,5 15, (5,) -25% 15, - # 44 Noncapitalized Furniture/Equipment 26, , - 11, (15,2) -58% 11, - # 47 Food Supplies 122, ,281 8,717 7,845 4,794 6,538 8,281 8,717 6,538 9,589 9,153 78,454 (44,511) -36% 77,173 1,281 # 471 Food for School Lunch Program % - - # 479 Food Supplies % - - Total 4 Supplies 339,284-5,827 73,189 15,653 9,854 15,17 12,56 13,799 15,543 15,979 13,799 16,85 9, ,88 (122,477) -36% 217,119 (311) 5 Operating Services # 52 Travel and Conferences 5, (5,) -1% - - # 53 Dues and Fees 19, ,25 (13,162) -68% 6,25 - # 545 Insurance (property, student accident, board) 13, ,824 1,824 1,824 1,824 1,824 1,824 1,824 1,824 14,588 1,148 9% 14,588 - # 55 Utilities and Housekeeping 14, , (13,) -93% 5, (4,) # 561 Building Rent 189,776-7,284 1,2 9,211 9,211 9,211 9,211 9,211 9,211 9,211 9,211 9,211 1,23 (89,573) -47% 1,23 - # 562 Equipment Rental 6, , - % 6, - # 563 Vendor Repairs 1, , (4,) -4% 8, (2,) # 5812 Pupil Transportation - General 9, , (4,) -44% 5, - # 582 Legal/Audit 13, ,1 5,4 13,5 - % 13,5 - # 583 Advertisement/Recruitment 5, , - % 5, - # 585 Non-Instructional Consultants 49, , (44,) -9% - 5, # 5851 Instructional Consultants 85, ,886 5,157 5,157 5,157 5,157 5,157 5,157 5,157 5,157 5,157 51,3 (33,82) -4% 52,98 (1,68) # 5853 ExED - - 6, ,42 6,42 % 6,42 - # 589 Other Services & Operating Expe 1, , - % 1, Factoring Fees % - - # 5896 Fair Share Special Education Cost 114, ,557 5,581 5,581 5,581 5,581 5,581 9,766 4,883 4,883 4,883 4,883 69,76 (45,56) -39% 68,621 1,139 # 5897 Fundraising Cost 2, ,35 (12,81) -64% 7,23 12 # 59 Communications (tele, internet, postage) 1, , (2,) -2% 8, - # 591 Telephone/Internet Expense % - - # 592 Internet Expense % - - # 593 Postage (UPS, Fedex, US Mail) % - - Total 5 Operating Services 574, ,736 35,212 27,725 27,725 27,725 35,825 27,725 31,91 32,427 25,24 25,24 4, ,371 (258,852) -45% 316,792 (1,421) 6 Capital Outlay # 69 Depreciation 5, (5,667) -1% 5,667 (5,667) Total 6 Capital Outlay 5, (5,667) -1% 5,667 (5,667) 7 Other Outgo # 7299 District Oversight Fee 19, , ,44 12,28 (6,879) -36% 12,9 199 # 731 INDIRECT COSTS (Transferred to RSO) 24,189-1,27 2,74 26,515 26,515 26,515 31,65 26,515 26,515 27,915 26,515 26,849 5,67 271,88 3,898 13% 266,18 5,7 # 7438 Debt Service - Interest % - - Total 7 Other Outgo 259,276-1,27 2,633 3,351 26,764 26,764 31,314 26,764 27,175 28,258 27,48 27,369 9,47 283,296 24,2 9% 278,27 5,269 Total Expenses 3,52,8 8,611 86,15 266,51 182,934 17,96 167, , ,2 183, , ,65 178,322 23,56 1,981,65 (1,7,43) -35% 1,984,92 (3,315) Previous Month Forecast Variance b/t FC and Prior Month FC NET INCOME 165,648 (8,611) (86,15) (166,53) 218,694 (85,422) (11,61) (113,164) (73,443) (56,328) (11,718) 51,645 (14,38) 498,779 (46,572) (212,22) -128% (81,313) 34,741