FINANCIAL STATMENT SCHEDULES POSTED ONLINE

Transcription

1 FINANCIAL STATMENT SCHEDULES POSTED ONLINE FINANCIAL SUMMARY STATEMENT OF FINANCIAL POSITION AS OF JANUARY 31, 2018 STATEMENT OF ACTIVITIES BY SCHOOL AND CONSOLIDATED FOR THE SEVEN MONTHS ENDED JANUARY 31, 2018 ACTUAL REVENUE AND EXPENSES VERSUS BUDGET REVISED FINANCIAL PROJECTION FOR FISCAL YEAR ENDED JUNE 30, 2018 BREAKDOWN OF PROJECTED REVENUE FOR FISCAL YEAR BY CATEGORY AND FUNDING SOURCE ANALYSIS OF PROJECTED CHANGES IN REVENUE AND EXPENSE FOR CURRENT YEAR VERSUS PREVIOUS SIX FISCAL YEARS PROJECTED STATEMENT OF ACTIVITES FOR FISCAL YEAR JUNE 30,2018 CASH FLOW SCHEDULES FOR THE SEVEN MONTHS ENDED JANUARY 31, 2018 BOTH ON THE DIRECT AND INDIRECT METHOD AVAILABLE FUNDS AS OF JANUARY 31, 2018 VERSUS PRIOR YEARS SCHOOL CALENDAR WITH MONTHLY INSTRUCTIONAL DAYS VERSUS ACCRUAL PERCENTAGE USED ANALYSIS OF REVENUE AND EXPENSES FOR THE SEVEN MONTHS ENDED JANUARY 31, 2018 REVENUE AND EXPENSE COMPARISION FOR THE SEVEN MONTHS ENDED JANUARY 31, 2018 VERSUS JANUARY 31, 2017 EXPENSE RECONCIATION ACES CONSTRUCTION EXPENDITURES PROPOSITION 39 CLEAN JOBS ENERGY ACT SCHEDULE OF PROJECTS CHECK REGISTER FOR SCHOOL OPERATING ACCOUNTS FROM NOVEMBER THROUGH JANUARY 31, 2018

2 SUMMARY JANUARY 2018 OPERATION RESULTS The adjusted surplus on an accrual basis excluding Construction for the Seven Months ended January 31, 2018 was 2,541,485 a decrease of 55,396 from the prior year. When prorata salary increases and extraordinary items are factored in there was a estimated decrease in surplus from the prior year by 883,089. Projected surplus for Fiscal Year is about 4,000,00, a decrease of 36% from prior fiscal year. COST MANAGEMENT Overall expenses for the Seven Months ended January 31, 2018 were higher versus last year by 361,832 an increase of 3.70%. Excluding construction expenditures and depreciation for the new ACES campus, the cost of the eight year adoption of new curriculum (Wonders, Maravillas and My Math) and the estimated pro rata teacher and staff payroll increases and expenses, the adjusted expense was higher by 1,189,524 an increase of 13.80%. Expected increase in expenditures, excluding new ACES school site prior year expenditures, will be in the mid teen range from the prior year, an increase in excess of 2,500,000 for the year or by more than 30% from FY HIGHLIGHTS OF CHANGES IN EXPENSES YEAR OVER YEAR COMPARISON Increase in depreciation of 391,216 due to new ACES school and purchase of playground equipment, cafeteria equipment, Proposition 39 purchases and artificial turf. Increase in Outside Consultants of 222,606 due to outside coaching consultants and special education oversight costs Increase in Teacher and substitute wages of 139,620 due to additional teachers hired, increase in school substitute teachers and additional investment in Summer School. This increase does not include the teacher pay increases agreed to. Increase in Health and group insurance of 100,512, primarily driven by increase in total teacher group medical insurance costs. Increase in Interest on Debt service of 71,128 due to ACES debt Increase in STRS contribution of 58,566 due increase in Certificated wages and increase in rate from 12.58% to 14.43% Increase in Utility costs of 52,243 due to new ACES campus Increase in Dues & Subscriptions of 48,401 due to purchase of additional intervention programs Increase in Classified Admin and Clerical of 34,642 Increase in Facility and custodial wages of 25,466 Increase in legal and accounting of 24,680 due to higher costs for Union negotiations and SPED Increase in Food costs due to additional choices of 20,612 Increase in Fair Share fees for Special Education of 17,393 Increase in Instructional Aide wages of 16,780 Increase in LAUSD oversight fees of 15,910 Increase in After School wages of 13,245 Decrease in Non Capitalized equipment of 435,179, excluding purchases for new ACES location capitalized equipment purchases increased by 27,446 from the prior year. Decrease in textbooks purchases of 381,106 from prior year where we purchased 8 year adoption for new ELA & Math curriculum at TAS and ELA and Spanish language arts at ACES Decrease in instructional supplies of 63,469 due to 8 year adoption in prior year of new curriculum. Excluding this purchase instructional supply expense increased by 55,109

3 The Accelerated Schools Comparative Statement of Financial Position As of 1/31/2018 and 1/31/17 AS OF AS OF AS OF AS OF AS OF 1/31/17 AS OF 1/31/17 AS OF 1/31/17 AS OF 1/31/17 The Accelerated School Accelerated Charter Elementary School Wallis Annenberg High School Total The Accelerated School Charter Elementary Wallis Annenberg High School Total Assets Current Assets Cash & Cash Equivalents Cash In County Treasury 11,040,727 5,355,181 9,808,695 26,204,603 3,875,464 1,843,569 2,794,617 8,513,650 Cash in bank Aces ConstructionCounty & CCU 269, , , ,850 Cash in bank Keck Pre SchoolWells 13,291 13,291 13,291 13,291 Cash in bankstudent BodyWAHSCCU 12,936 12,936 12,936 12,936 Cash in BankCafeteriaCCU 327, , , ,522 Loan Repayment Bank AccountWELLS 34,942 34,942 34,942 34,942 Cash in bank TAS (CCU & Wells) 182, , , ,720 Petty Cash Cash in bank Money Market 144, , , ,306 6,118,942 1,264,845 5,060,704 12,444,491 Cash in bank WAHS (CCU & Wells) 149, , , ,151 Cash in bank ACES (CCU & Wells) 73,512 73,512 54,635 54,635 Total Cash & Cash Equivalents 11,743,910 5,818,431 10,102,908 27,665,249 10,550,381 3,888,899 8,055,408 22,494,688 Accounts Receivable Accounts Receivable 8,817 3,691 7,250 19,758 12,213 5,880 8,191 26,284 Total Accounts Receivable 8,817 3,691 7,250 19,758 12,213 5,880 8,191 26,284 Intraschool Receivable (Payable) Intercompany TAS (38,915) (41,790) (80,705) (37,225) (47,477) (84,702) Intercompany WAHS 41,790 41,790 47,477 47,477 Intercompany ACES 38,915 38,915 37,225 37,225 Total Interfund Balances 80,705 (38,915) (41,790) 84,702 (37,225) (47,477) Prepaid Expenses Prepaid Expenses 17,469 63,094 80,563 17,467 17,467 Earned Salary Advance Total Prepaid Expenses 17,469 63,094 80,563 17,467 17,467 Total Current Assets 11,850,901 5,846,301 10,068,368 27,765,570 10,664,763 3,857,554 8,016,122 22,538,439 Longterm Assets Property & Equipment Land & Building 49,757,820 35,264,747 85,022,567 49,345,453 34,005,974 83,351,427 Acc. Depr Building (10,853,293) (950,580) (11,803,873) (9,876,764) (162,443) (10,039,207) Equipment 1,376,722 1,239, ,338 2,717,446 1,093,685 1,177,158 54,824 2,325,667 Acc. Depr Equipment (1,002,014) (256,779) (12,946) (1,271,739) (954,947) (45,264) (3,164) (1,003,375) Site costs Total Property & Equipment 39,279,235 35,296,774 88,392 74,664,401 39,607,427 34,975,425 51,660 74,634,512 Total Longterm Assets 39,279,235 35,296,774 88,392 74,664,401 39,607,427 34,975,425 51,660 74,634,512 Total Assets 51,130,136 41,143,075 10,156, ,429,971 50,272,190 38,832,979 8,067,782 97,172,951

4 The Accelerated Schools Comparative Statement of Financial Position As of 1/31/2018 and 1/31/17 AS OF AS OF AS OF AS OF AS OF 1/31/17 AS OF 1/31/17 AS OF 1/31/17 AS OF 1/31/17 The Accelerated School Accelerated Charter Elementary School Wallis Annenberg High School Total The Accelerated School Charter Elementary Wallis Annenberg High School Total Liabilities Shortterm Liabilities Accounts Payable Accounts Payable Current 111,326 49,076 76, ,203 78,060 22,176 56, ,727 AP ACES Construction 3,472 3, , ,963 Accounts Payable Cafeteria 76,863 76,863 43,120 43,120 Accounts Payable Keck Total Accounts Payable 188,189 52,548 76, , , ,139 56, ,810 Accrued Payroll and Related Salaries Payable 232,952 85,350 92, , ,686 83,007 80, ,512 Payroll Taxes Payable 41,860 21,322 25,916 89,098 35,770 17,140 17,961 70,871 W/C Insurance Payable 7,039 2,818 3,077 12,934 7,038 2,781 2,978 12,797 Tax Shelter Annuity Payable Accrued Interest & Expenses 16,389 10,926 31,413 58,728 14,880 3,686 6,289 24,855 Current portion of long term debt 282, , , ,623 Union Dues Total Accrued Payroll and Related 298, , , ,272 1,041, , ,047 1,256,658 Accrued Vacation Payable Accrued Vacation Payable 246,922 55,573 59, , ,493 65,527 49, ,679 Total Accrued Vacation Payable 246,922 55,573 59, , ,493 65,527 49, ,679 Total Shortterm Liabilities 733, , ,065 1,533,760 1,414, , ,197 2,230,957 Longterm Liabilities Loans Payable 10,391,302 10,391,302 1,102,113 10,746,469 11,848,582 Total Loans Payable 10,391,302 10,391,302 1,102,113 10,746,469 11,848,582 Total Longterm Liabilities 10,391,302 10,391,302 1,102,113 10,746,469 11,848,582 Total Liabilities 733,351 10,902, ,065 11,925,062 2,516,783 11,044, ,197 14,079,539 Net Assets Beginning Net Assets Net Assets Fund Balance Board Designated Expenditures Fund BalanceBoard DesignatedReplacement Fund BalanceBoard Designated Vacation Fund Balance Board Designated Debt Service 2,527,101 1,015,118 1,546,568 5,088,787 2,090, ,407 1,278,793 4,074,021 1,100, , ,628 1,805, , , ,214 1,482, ,000 50,000 50, , ,000 40,000 50, , , ,292 1,017, , ,515 Total Fund Balance Board Designated 4,368,723 1,852,275 1,990,196 8,211,194 4,181, ,090 1,642,007 6,755,190 Beginning Fund Balance 45,081,607 28,069,879 7,026,732 80,178,218 42,659,430 26,280,680 5,234,256 74,174,366 Audit adjustments Other Restatements Total Beginning Net Assets 49,450,330 29,922,154 9,016,928 88,389,412 46,840,523 27,212,770 6,876,263 80,929,556 Total Current YTD Net Income (Loss) 946, , ,767 2,115, , , ,322 2,467,666 Total Net Assets 50,396,785 30,240,429 9,867,695 90,504,909 47,755,407 27,788,230 7,853,585 83,397,222 Total Liabilities and Net Assets 51,130,136 41,143,075 10,156, ,429,971 50,272,190 38,832,979 8,067,782 97,476,

5 The Accelerated School Statement of Activities For the Seven Months ended 7/17/31/17 8/18/31/17 9/19/30/17 10/110/31/17 11/111/30/17 12/112/31/17 1/1 TOTAL FY 1718 Total FY 1617 Increase (Decrease) % Change REVENUE Accrual Total FY 1718 Total FY 1617 Local Control Funding Formula General Purpose LCFF 243, , , , , , ,791 2,681,501 32,652 2,714,153 2,563, , % In Lieu Prop Tax 95, , , , , , , ,133 (55,334) 866, ,213 14, % Education Protection Act 233, , ,318 40, , ,133 (39,471) 7.23% Total LCFF Revenue 339, , , , , , ,981 4,069,952 17,662 4,087,614 3,961, , % Federal Revenues NCLB Title I 1,564 91, , ,978 (18,635) 207, ,356 26, % NCLB Title II 9, ,917 39,880 (17,912) 21,968 1,996 19, % NCLB Title III 2,658 3,929 23,015 29,602 (8,919) 20,683 18,892 1, % Special Ed IDEA 8,799 17,598 11,732 11,732 11,731 11,731 11,733 85,056 (3,887) 81,169 78,717 2, % Child Nutrition 26,766 15, , , , , , ,661 (49,249) 6.59% Other Federal Revenue 0.00% Total Federal Revenues 8,799 44,364 41, ,083 11, , , , ,482 1,029,575 1,027,622 1, % State Revenues Special EducationAB602 25,716 51,431 34,288 34,287 34,288 34,288 34, ,584 (11,572) 237, ,005 4, % State Lottery Non prop 20 2,438 45,622 48,060 18,515 66,575 60,956 5, % State Lottery Prop 20 3, ,617 19,281 23,898 20,021 3, % Child Nutrition State 1,260 7,513 17,187 25,960 20,973 46,933 49,924 (2,991) 5.99% ASES After School 106, ,470 (26,208) 80,262 66,000 14, % Other State Revenues 43,448 11,910 48, ,317 27, , ,148 (107,455) 44.93% Total State Revenues 25,716 51,431 85,140 41, , ,967 34, ,008 48, , ,054 (82,681) 12.36% Local Revenues Food Service Sales ,706 1,706 5,014 (3,308) 65.98% Rent Wallis Annenberg & ACES 47,422 47,422 47,422 47,422 47,422 47,422 47, , , ,104 84, % Interest , ,868 48,642 86,510 49,910 36, % Fundraising/Others 4, ,764 (5,084) % Grants and Donations , ,736 5,736 7,429 (1,693) 22.79% Other Local Revenues 800 1, ,303 13,945 (5,314) 8,631 3,043 5, % Reimbursement School expenses ,764 (24,268) 98.00% Total Local Revenues 49,076 49,414 47,996 53,246 89,104 60,090 48, ,469 38, , ,528 98, % Total Revenue 422, , , , ,485 1,272, ,917 5,788, ,753 6,139,275 5,996, , % W/O Incentive Grant, Rent & Prop 39 5,765,643 5,623, , %

6 The Accelerated School Statement of Activities For the Seven Months ended 7/17/31/17 8/18/31/17 9/19/30/17 10/110/31/17 11/111/30/17 12/112/31/17 1/1 TOTAL FY 1718 Total FY 1617 Increase (Decrease) % Change Expenditures Certificated Salaries Teachers 147, , , , , , , ,635 17, % Substitutes 10,500 6,846 3,892 4, ,558 34,276 8,706 25, % Teachers Extra pay 22,560 4,478 2,647 4,418 3,300 3,592 7,373 48,368 43,013 5, % Administrators 61,284 43,109 31,814 43,903 39,138 45,882 39, , ,382 (5,116) 1.65% Total Certificated Salaries 83, , , , , , ,199 1,316,349 1,272,736 43, % Classified Salaries Instructional Aides 4,247 6,104 7,587 11,702 9,821 7,145 13,655 60,261 55,548 4, % Classified Admin. and Office 36,337 41,029 44,416 38,540 38,681 42,695 39, , ,223 10, % Facility maintenance 15,143 16,991 18,537 15,903 14,663 17,003 16, , ,719 7, % Security 6,859 14,567 14,355 14,311 11,384 9,078 12,216 82,770 96,680 (13,910) 14.39% Food Services 18,806 21,108 27,932 30,081 27,882 24,389 30, , ,928 6, % After School Program 720 7,041 7,478 10,276 7,868 6,889 10,655 50,927 36,763 14, % Total Classified Salaries 82, , , , , , , , ,861 30, % Employee Benefits STRS Certificated 8,437 26,840 22,726 29,443 27,676 27,950 28, , ,027 18, % Medicare Certificated 1,102 2,844 2,820 2,933 2,732 2,763 2,794 17,988 17, % Medicare Classified 1,200 1,559 1,590 1,749 1,596 1,437 1,780 10,911 10, % Social Security (OASDI) Classified 5,133 6,666 6,800 7,478 6,826 6,116 7,610 46,629 44,246 2, % H&W Certificated 17,467 26,888 29,715 31,205 30,587 31,921 32, , ,797 50, % H&W Classified 22,276 13,916 12,936 14,167 13,469 13,515 13, , ,888 (3,854) 3.57% State Unemployment Certificated , ,972 1, % State Unemployment Classified ,537 1,816 (279) 15.36% Workers Comp Certificated 3,659 1,086 3,952 4,005 4,023 4,065 3,372 24,162 25,455 (1,293) 5.08% Workers Comp Classified 3, ,329 2,488 2,466 2,235 2,249 15,366 15,636 (270) 1.73% Total Employee Benefits 62,526 80,385 83,020 95,322 89,524 90,147 93, , ,697 67, % Books and Supplies Textbooks 3, , ,764 (212,918) 98.23% Professional and Other Books ,118 (1,073) 95.97% Instructional Materials 3,838 17,632 12,720 6,003 5,971 2,039 1,950 50, ,838 (55,685) 52.61% Computer equip. & software ,930 (3,100) 78.88% Office supplies ,405 5,007 (2,602) 51.97% Janitorial supplies 3,251 2,555 4,138 3,801 3,128 4,191 2,692 23,756 25,991 (2,235) 8.60% Cafeteria supplies 47 3,113 5,902 5,601 3,672 2,197 5,261 25,793 30,040 (4,247) 14.14% Food Meetings , ,750 3,814 (1,064) 27.90% Other Supplies 1,583 4,524 5,206 6,973 1,937 3,860 3,188 27,271 24,975 2, % Noncapital Equipment 4,966 4,007 2,775 46,032 1,228 6,061 65,069 29,725 35, % Food cost 7,338 67,510 61,659 93,939 53,159 39,346 72, , ,871 20, % Total Books and Supplies 21,429 99,881 94, , ,545 53,518 93, , ,073 (224,672) 27.33% Other Operating Expenses Travel and Conferences , ,523 7,503 (1,980) 26.39% Dues and Memberships 9,351 12,945 13, ,362 10,511 54,882 27,843 27, % Insurance 51,303 51,303 48,830 2, % Utilities 15,251 15,369 27,338 17,119 17,084 14,189 13, , ,259 5, % Trash disposal 1,229 1,229 1,644 1,708 1,708 1,927 2,350 11,795 6,847 4, % Rents and rentals 4,000 4,000 4,000 4,000 4,000 4,000 4,000 28,000 28, % Repairs 4,263 7,317 19,251 18,582 2,404 11,349 3,518 66,684 65,216 1, % Service contracts 6,027 5,194 4,873 3,416 2,455 3,454 3,101 28,520 25,583 2, % Other contracted serviceslacoe 350 1,596 1, ,749 5,155 4, % Student activities ,794 6,966 3,487 3, % Accounting & Legal 3,900 4,570 8,087 4,941 2,601 3,542 3,032 30,673 21,500 9, % License and fees ,542 1,721 (179) 10.40% Outside consultants 10,635 14,879 29,456 34,891 47,180 39,795 52, , ,653 45, % Outside substitutes 6,724 34,140 32,141 29,467 4,491 40, , ,775 37, % Fingerprints and medical , ,051 2,945 1, % Other charges 6,902 13,806 9,204 9,204 9,204 9,204 9,204 66,728 64,223 2, % Other services , , ,296 5,750 (454) 7.90% Communications 4,484 4,966 3,635 5,980 4,837 4,753 4,536 33,191 36,678 (3,487) 9.51% Total Other Operating Expenses 119,191 93, , , , , , , , , % Capital Outlay Capitalized purchases Depreciation Expense 85,606 85,657 85,657 85,658 85,657 85,657 85, , ,587 19, % Total Capital Outlay 85,606 85,657 85,657 85,658 85,657 85,657 85, , ,587 19, % Other Outgo LAUSD Oversight Fees 4,322 8,643 5,762 5,762 5,762 5,762 5,762 41,775 38,113 3, % Interest on Debt Service 4,667 4,667 4,667 10,818 24,819 60,250 (35,431) 58.81% Total Other Outgo 8,989 13,310 10,429 16,580 5,762 5,762 5,762 66,594 98,363 (31,769) 32.30% Total Expenditures 463, , , , , , ,352 4,842,067 4,798,423 43, % Increase (Decrease) in Net Assets (40,940) (106,106) 226,926 87,431 87, ,375 86, ,455 1,197,612 99, % ADDITIONAL ACCRUED REVENUE 350,753 ACCRUED REVENUE CHANGE 80,840 46,575 86, , ,397 (348,356) 164,368 FACILITY INCENTIVE GRANT (41,678) (41,678) (124,998) 83,320 Capitalized EquipmentBuilding (56,770) 56,770 Educator Effectiveness ENERGY JOBS ACT 78,023 (78,023) Adjusted Net Increase (Decrease) in Net Assets 39,900 (59,531) 271, , , , ,933 1,255,530 1,093, , %

7 THE ACCELERATED SCHOOL CURRENT YEAR REVENUES AND AR 20885CY REVENUE JANUARY Revenues Received Resource Obj Jul17 Aug17 Sep17 Oct17 Nov17 Dec17 Jan18 Total Revenue Per GL Est. Revenue Revenue Accrued Revenue % REVENUE LIMIT GP ENT 243, , , , , , , ,681, ,970, ,934,825 55% 2,714,153 32, GP ENT PY GP ENT PY EPA 233, , , , ,203 55% 506,662 40,344 EPAPY PROPERTY TAXES 95, , , , , , , , ,576, ,576,000 55% 866,800 (55,334) PROPERTY TAXES PY ADJ 7,490,066 7,432,028 FEDERAL REVENUES SPECIAL EDUCATION IDEA 8, , , , , , , , , ,579 55% 81,169 (3,887) SPECIAL EDUCATION PRIOR YEAR ADJ NATIONAL SCHOOL LUNCH FEDERAL 15, , , , , , DONATED FOOD COMMODITIES 26, , , , , CACFP 16, , , ,021 41, TITLE I BASIC 91, , , , ,144 55% 205,779 (18,635) TITLE I BASIC PY 1, , TITLE II TEACHER QUALITY 9, , , , ,851 55% 21,918 (17,912) TITLE II TEACHER QUALITY PY TITLE III IMMIGRANT TITLE III LEP 3, , , , , % 18,025 (8,919) TITLE III LEP PY 2, , FEE FOR SERVICE MEDICAL BILLING 0% STATE REVENUES SPECIAL EDUCATION AB602 25, , , , , , , , , ,931 55% 237,012 (11,572) SPECIAL EDUCATION AB602PY MANDATED COSTS 11, , ,910 55% 6,551 (5,360) MANDATED COSTSMANDATE BACKLOG 36, , ,355 55% 60,695 23, STATE LOTTERY 43, , ,182 55% 61,700 18, STATE LOTTERY PY Adj 2, , , , STATE LOTTERY 35,057 55% 19,281 19, STATE LOTTERY PY Adj 3, , , CHILD NUTRITION STATE 1, , , , , OTHER STATE REVENUE 1, , , CALIFORNIA ENERGY CLEAN JOBS 122, % ASES 106, , ,800 49% 80,262 (26,208) FACILITY INCENTIVE GRANT PROGRAM 41, , , SB , , ,000 7/12 8, SB 740repairs SSIM LOCAL REVENUES LOCAL FOOD SALES , INTERSCHOOL SALES INTEREST , , INTERESTFOOD SERVICE INTERESTKECK INTERESTFederal interest payment over INTERESTFUND Special Education SELPA Transfers 11, , ,303 55% 6,217 (5,086) SPECIAL EDUCATION NPS Reimb. School expense WAHS RENT PAYMENT 47, , , , , , , , Fundraising School activitiesbox Tops OTHER LOCAL REVENUES , , Fundraising School activities 4, , % (4,414) FundraisingGrants , , % 1, (900) Fundraising Contributions , , TOTAL 422, , , , , ,272, , ,788, ,753

8 Accelerated Charter Elementary School Statement of Activities For the Seven Months ended Increase 7/17/31/17 8/18/31/17 9/19/30/17 10/110/31/17 11/111/30/17 12/112/31/17 1/1 TOTAL FY 1718 Total FY 1617 (Decrease) % Change REVENUE Accrual Total FY 1718 Total FY 1617 Local Control Funding Formula General PurposeLCFF 142, , , , , , ,859 1,563, ,614 1,724,197 1,368, , % In Lieu Prop Tax 55, ,074 73,382 73,382 73,382 73,382 73, ,022 5, , ,587 86, % Education Protection Act 132, , ,136 48, , ,195 28, % Total LCFF Revenue 197, , , , , , ,242 2,360, ,551 2,575,292 2,104, , % Federal Revenues NCLB Title I ,940 64, ,732 (399) 116,333 69,031 47, % NCLB Title II 5, ,917 22,554 (10,134) 12, , % NCLB Title III 990 3,725 12,220 16,935 (5,571) 11,364 6,524 4, % Special Ed IDEA 5,076 10,153 6,769 6,768 6,769 6,769 6,769 49,073 2,014 51,087 41,324 9, % Child Nutrition Other Federal Revenue 0.00% Total Federal Revenues 5,076 10,153 14,021 62,453 6,769 6, , ,294 (14,090) 191, ,634 73, % State Revenues Special EducationAB602 14,837 29,673 19,782 19,782 19,782 19,782 19, ,420 5, , ,319 26, % State Lottery Non prop ,254 46,252 10,638 56,890 23,376 33, % State Lottery Prop 20 1,517 6,928 8,445 10,374 18,819 7,664 11, % Child Nutrition State #DIV/0! ASES After School 79,852 79,852 (12,287) 67,565 57,375 10, % Other State Revenues 730 6,872 21,223 28,825 10,703 39,528 93,624 (54,096) 57.78% Total State Revenues 14,837 29,673 23,027 19, ,506 93,187 19, ,794 25, , ,358 27, % Local Revenues Food Service Sales Rent Wallis Annenberg Interest , ,388 22,054 39,442 30,881 8,561 Keck Center 0.00% Fundraising/Others 7,270 7,270 7, , % Grants and Donations 0.00% Other Local Revenues ,000 10,671 61,337 (4,802) 56,535 1,193,148 (1,136,613) Reimbursement School expenses % Total Local Revenues , ,684 18, ,602 17, ,854 1,224,383 (1,120,529) 91.52% Total Revenue 217, , , , , , ,361 2,959, ,892 3,202,323 3,751,158 (548,835) 14.63% W/O Construction 3,151,970 2,542, , %

9 Accelerated Charter Elementary School Statement of Activities For the Seven Months ended Expenditures Certificated Salaries Increase 7/17/31/17 8/18/31/17 9/19/30/17 10/110/31/17 11/111/30/17 12/112/31/17 1/1 TOTAL FY 1718 Total FY 1617 (Decrease) Teachers 2,828 91,945 92,899 93,452 97, ,755 96, , ,750 3, % Substitutes 3,325 3,325 3,790 2, ,821 15,886 10,320 5, % Teachers Extra pay 10, , ,325 17,678 10,935 6, % Administrators 25,790 25,917 25,746 26,408 23,108 23,323 23, , ,744 (8,926) 4.88% Total Certificated Salaries 39, , , , , , , , ,749 6, % Classified Salaries Instructional Aides 2,256 6,866 9,255 11,286 8,977 5,845 10,812 55,297 32,465 22, % Classified Admin. and Office 22,126 24,516 24,546 24,694 24,295 24,254 25, , ,755 20, % Facility maintenance 6,759 7,524 5,807 6,260 5,996 6,131 6,225 44,702 32,856 11, % Security 1,820 4,532 6,344 6,919 4,785 3,289 4,990 32,679 33,585 (906) 2.70% Food Services After School Program 3,985 8,563 9,315 9,676 7,619 6,471 9,360 54,989 59,208 (4,219) 7.13% Total Classified Salaries 36,946 52,001 55,267 58,835 51,672 45,990 56, , ,869 49, % Employee Benefits STRS Certificated 5,352 17,260 16,309 17,542 17,487 17,923 17, ,642 93,083 16, % Medicare Certificated 538 1,716 1,733 1,736 1,726 1,770 1,756 10,975 10, % Medicare Classified ,376 4, % Social Security (OASDI) Classified & Cerificated 2,426 3,359 3,508 3,781 3,311 2,944 3,663 22,992 19,860 3, % H&W Certificated 10,565 13,908 14,584 17,003 17,768 17,641 17, ,703 90,591 18, % H&W Classified 6,908 4,594 4,584 5,898 4,844 4,735 5,197 36,760 26,849 9, % State Unemployment Certificated ,651 1, % State Unemployment Classified (158) 30.21% Workers Comp Certificated 2,353 1,901 1,718 2,441 2,521 2,561 2,336 15,831 16,072 (241) 1.50% Workers Comp Classified 1, ,227 1, ,120 7,693 7, % Total Employee Benefits 30,449 44,485 44,131 51,363 49,632 49,328 50, , ,587 49, % Books and Supplies Textbooks ,740 (140,650) 100% Professional and Other Books , % Instructional Materials 2,102 28, ,487 6,080 46,458 60,283 (13,825) 22.93% Computer equip. & software ,305 (1,136) Office supplies , % Janitorial supplies ,465 5,347 (882) 16.50% Cafeteria supplies Food Meetings (18) (248) 27.25% Other Supplies 327 1, ,291 1, ,985 13,135 (3,150) 23.98% Noncapital Equipment , , ,082 13, ,462 (462,477) 97.06% Food Services Total Books and Supplies 3,617 40,808 1,415 8,946 3,288 10,797 9,355 78, ,359 (621,133) 88.81% Other Operating Expenses Travel and Conferences ,012 5,345 (2,333) 43.65% Dues and Memberships 6,887 1, ,403 3,938 21,870 26,823 (4,953) 18.47% Insurance 36,727 36,727 37,046 (319) 0.86% Utilities 6,186 7,624 8,248 7,629 6,221 6,512 6,519 48,939 7,147 41, % Trash disposal , ,449 2,502 2, % Rents and rentals 81,000 (81,000) % Repairs 1,418 1, , ,338 10,361 1,868 8, % Service contracts 1,420 1,682 1,358 3, ,195 9,911 17,382 (7,471) 42.98% Other contracted serviceslacoe 613 1,061 1,380 3,054 2, % Student activities % Accounting & Legal 2,439 2,397 4,666 2,851 1,626 2,215 1,418 17,612 7,141 10, % License and fees ,586 (655) 41.30% Outside consultants 4,383 8,502 18,499 27,645 21,743 27,999 26, ,102 77,077 58, % Outside substitutes 6,304 8,041 12,129 4,634 1,976 8,168 41,252 21,219 20, % Fingerprints and medical ,534 (642) 41.85% Other charges 3,983 7,965 5,310 5,310 5,310 5,310 5,311 38,499 26,371 12, % Other services ,259 1, % Communications 1,825 1,763 1,763 1,766 3,050 1,763 1,793 13,723 6,688 7, % Total Other Operating Expenses 66,577 39,585 52,876 65,299 46,889 60,627 58, , ,067 65, % Capital Outlay Capitalized purchases Depreciation Expense 81,222 81,345 81,426 81,520 81,473 81,473 81, , , , % Total Capital Outlay 81,222 81,345 81,426 81,520 81,473 81,473 81, , , , % Other Outgo LAUSD Oversight Fees 2,500 5,000 3,333 3,334 3,334 3,334 3,333 24,168 15,689 8, % Interest on Debt Service 17,799 17, ,790 17,730 17,669 17, , ,559 Total Other Outgo 20,299 22,798 3,497 21,124 21,064 21,003 20, ,727 15, , % Total Expenditures 278, , , , , , ,113 2,641,156 2,608,838 32, % % Change Increase (Decrease) in Net Assets (61,088) (109,906) 185, , ,721 46, ,275 1,142,320 (581,153) ADDITIONAL ACCRUED REVENUE 242,892 ACCRUED REVENUE CHANGE 48,840 (11,978) 6, ,345 57,041 (15,590) 43,889 Educator Effectiveness Construction (36) 10,357 (50,172) (178) (172) 6,850 1,904 (31,448) (694,257) 662,809 81,657 Assets (12,284) (111,527) 141, , , ,981 92, , , %

10 20887CY REVENUE JANUARY ACCELERATED CHARTER ELEMENTARY CURRENT YEAR REVENUES AND AR Revenues Received BUDGET Est. Revenue Revenue Accrued Revenue Resource Obj Jul17 Aug17 Sep17 Oct17 Nov17 Dec17 Jan18 Total Revenue Per GL REVENUE LIMIT GP ENT 142, , , , , , , ,563, ,145,495 3,134,904 55% 1,724, , GP ENT PY ADJ GP ENT PY ADJ EPA 132, , , , , ,445 55% 313,195 48, EPAPY PROPERTY TAXES 55, , , , , , , , , ,000 55% 537,900 5, PROPERTY TAXES PY ADJ 4,705,321 4,682,349 FEDERAL REVENUES SPECIAL EDUCATION IDEA 5, , , , , , , , ,884 92,884 55% 51,086 2, SPECIAL EDUCATION PRIOR YEAR ADJ TITLE I BASIC 51, , , , ,341 55% 115,688 (399) TITLE I BASIC PY TITLE II TEACHER QUALITY 5, , , , ,546 55% 12,400 (10,134) TITLE II TEACHER QUALITY PY TITLE III LEP 3, , , , ,861 55% 10,374 (5,571) TITLE III LEP PY FEE FOR SERVICE MEDICAL BILLING STATE REVENUES SPECIAL EDUCATION AB602 14, , , , , , , , , ,220 55% 149,171 5, SPECIAL EDUCATION AB602PY STATE LOTTERY 24, , ,725 55% 35,599 10, STATE LOTTERY PY , , % STATE LOTTERY 18,861 55% 10,374 10, STATE LOTTERY PY 1, , , , COMMON CORE MANDATED COSTS 6, , ,872 55% 3,780 (3,092) MANDATED COSTSMANDATE BACKLOG 21, , ,669 55% 35,018 13, CALIFORNIA ENERGY CLEAN JOBS SSIM ASES 79, , ,850 55% 67,568 (12,285) FACILITY SB FACILITY SB 740PY FACILITY SB 740repairs OTHER STATE REVENUE % BTSA EDUCATOR EFFECTIVENESS OPTION 3 STIPEND LOCAL REVENUES INTEREST , , , INTERESTfund , School Activities 7, , ALL local revenue Reimb. School expense Fundraising School activitiesbox Tops FundraisingGrants Fundraising Contributions FundraisingConstruction Other Local Revenues Special Education SELPA Transfers 10, , ,671 55% 5,869 (4,802) SPECIAL EDUCATION HIGH NEEDS Other Local RevenuesConstruction 50, , TOTAL 217, , , , , , , ,959, ,892 Construction (181.93) (178.28) (50,172.22) (177.94) (172.20) (178.01) (178.11) (51,238.69) 2,908, ,600.00

11 Wallis Annenberg High School Statement of Activities For the Seven Months ended Increase 7/17/31/17 8/18/31/17 9/19/30/17 10/110/31/17 11/111/30/17 12/112/31/17 1/1 TOTAL FY 1718 Total FY 1617 (Decrease) % Change REVENUE Accrual Total FY 1718 Total FY 1617 Local Control Funding Formula General PurposeLCFF 185, , , , , , ,183 2,036,119 (77,659) 1,958,460 1,934,309 24, % In Lieu Prop Tax 59, ,408 79,605 79,606 79,606 79,605 79, ,139 (35,390) 541, ,310 9, % Education Protection Act 173, , ,982 14, , ,556 (43,621) 10.76% Total LCFF Revenue 244, , , , , , ,788 2,960,240 (98,096) 2,862,144 2,872,175 (10,031) 0.35% Federal Revenues NCLB Title I 58,577 78, ,533 (8,664) 128, ,677 18, % NCLB Title II 6, ,823 25,092 (11,271) 13,821 1,213 12, % NCLB Title III ,837 7,448 (2,262) 5,186 4, % Special Ed IDEA 5,507 11,014 7,343 7,343 7,343 7,342 7,343 53,235 (4,517) 48,718 56,061 (7,343) 13.10% Child Nutrition Other Federal Revenue 1,123 1,123 1,123 4,408 (3,285) Total Federal Revenues 5,507 11,014 15,320 66,946 7,343 7, , ,431 (26,714) 197, ,724 20, % State Revenues Special EducationAB602 16,095 32,189 21,460 21,460 21,459 21,459 21, ,582 (13,329) 142, ,463 (4,210) 2.87% State Lottery Non prop 20 1,469 30,665 32,134 11,723 43,857 37,673 6, % State Lottery Prop 20 2,234 1,331 3,565 12,068 15,633 12,574 3, % Child Nutrition State ASES After School Other State Revenues 34,260 20,647 23,023 77,930 5,673 83, ,094 (88,491) 51.42% Total State Revenues 16,095 32,189 59,423 21,460 42,106 76,478 21, ,211 16, , ,804 (83,458) 22.63% Local Revenues Food Service Sales 0.00% Rent Wallis Annenberg Interest , ,091 43,190 74,281 38,816 35, % Fundraising/Others 1, ,637 1,637 4,761 (3,124) 65.62% Grants and Donations % Other Local Revenues 1,101 15,005 16,106 (6,751) 9, , % Reimbursement School expenses 70 (70) % Total Local Revenues 119 1, ,980 15, ,836 36,439 85,275 44,547 40, % Total Revenue 266, , , , , , ,364 3,502,718 (72,236) 3,430,482 3,462,250 (31,768) 0.92% W/O Incentive Grant & Prop 39 3,396,712 3,360,910 35, %

12 Wallis Annenberg High School Statement of Activities For the Seven Months ended Increase 7/17/31/17 8/18/31/17 9/19/30/17 10/110/31/17 11/111/30/17 12/112/31/17 1/1 TOTAL FY 1718 Total FY 1617 (Decrease) % Change Expenditures Certificated Salaries Teachers 114, , , , , , , ,935 69, % Substitutes 2,100 3,325 1, ,323 7, % Teachers Extra pay 22,575 1,155 4,118 10,830 3,037 1,440 3,968 47,123 42,061 5, % AdministratorsALL 35,450 29,261 26,063 35,989 33,125 35,263 35, , ,834 (16,788) 6.77% Total Certificated Salaries 58, , , , , , , , ,362 58, % Classified Salaries Instructional Aides 1,472 1,875 5,047 6,016 5,045 3,380 6,334 29,169 39,934 (10,765) 26.96% Classified Admin. and Office 22,189 23,245 22,309 22,429 21,954 21,216 22, , ,814 3, % Facility maintenance 9,544 10,471 9,307 9,794 9,030 9,506 9,996 67,648 61,745 5, % Security 3,251 3,812 4,069 6,718 5,888 4,905 7,044 35,687 33,056 2, % Food Services ATHLETICS 3,300 3,300 3,300 Total Classified Salaries 36,456 39,403 40,732 44,957 45,217 39,007 45, , ,549 4, % Employee Benefits STRS Certificated 7,351 20,239 18,256 22,831 21,095 20,542 21, , ,096 23, % Medicare Certificated 733 2,015 2,088 2,266 2,089 2,037 2,126 13,354 12, % Medicare Classified ,886 5,004 (118) 2.36% Social Security (OASDI) Classified 2,651 2,834 2,916 3,172 3,174 2,952 3,188 20,887 21,212 (325) H&W Certificated 10,602 14,589 15,346 18,619 18,141 18,798 17, ,908 89,462 24, % H&W Classified 9,934 6,178 4,970 5,527 4,897 5,496 5,409 42,411 40,951 1, % State Unemployment Certificated ,000 2,857 (1,857) 65.00% State Unemployment Classified (566) 1, % Workers Comp Certificated 2,251 1,547 2,865 2,907 3,212 2,937 2,862 18,581 18, % Workers Comp Classified 1, ,163 1, ,801 7,643 (842) 11.02% Total Employee Benefits 35,948 48,539 48,147 57,932 54,610 54,549 54, , ,655 48, % Books and Supplies Textbooks 140 2,661 6, ,363 37,901 (27,538) 72.66% Professional and Other Books % Instructional Materials 1,815 13,945 7, ,275 9,111 36,116 30,075 6, % Computer equip. & software ,352 (1,277) 94.45% Office supplies ,058 2,228 (1,170) 52.51% Janitorial supplies 1, ,608 1, , ,786 8,857 (1,071) 12.09% Cafeteria supplies Food Meetings ,490 1,729 (239) 13.82% Other Supplies 1,139 3,499 2,426 2, ,514 1,500 15,314 9,182 6, % Noncapital Equipment 6,086 3, ,462 16,385 24,431 (8,046) 32.93% Food Services Total Books and Supplies 4,310 28,029 22,418 5,106 3,661 7,283 18,493 89, ,921 (26,621) 22.96% Other Operating Expenses Travel and Conferences 1, ,012 2,523 (511) 20.25% Dues and Memberships 6,219 10,010 3, ,685 3,736 39,212 12,897 26, % Insurance 31,697 31,697 29,655 2, % Utilities 9,202 9,922 14,079 9,594 9,416 7,674 7,317 67,204 62,432 4, % Trash disposal ,056 5,318 3,591 1, % Rents and rentals 47,422 47,422 47,422 47,422 47,422 47,422 47, , ,104 84, % Repairs 2,028 4,921 8,746 4, ,492 1,638 27,496 31,820 (4,324) 13.59% Service contracts 2,009 3,085 2,691 2, ,287 1,194 13,523 13, % Other contracted serviceslacoe 605 1,077 1,445 3,127 1,697 1, % Student activities ,990 2,558 6,389 11,553 (5,164) 44.70% Accounting & Legal 3,068 3,274 5,692 3,093 15,645 11,779 (482) 42,069 37,033 5, % License and fees % Outside consultants 72 16,041 20,246 31,837 55,117 36,717 39, ,399 79, , % Outside substitutes 8,591 11,598 18,898 11,636 6,872 14,133 71, ,687 (46,959) 39.57% Fingerprints and medical ,305 1, % Other charges 4,320 8,640 5,761 5,761 5,761 5,761 5,760 41,764 39,004 2, % Other services , ,481 2, % Communications 0.00% Total Other Operating Expenses 108, , , , , , , , , , % Capital Outlay Capitalized purchases Depreciation Expense ,708 2,884 3, % Total Capital Outlay ,708 2,884 3,824 Other Outgo LAUSD Oversight Fees 3,140 6,280 4,186 4,187 4,187 4,187 4,185 30,352 26,583 3, % Interest on Debt Service Total Other Outgo 3,140 6,280 4,186 4,187 4,187 4,187 4,185 30,352 26,583 3, % Total Expenditures 247, , , , , , ,609 2,651,951 2,366, , % 1.53% Increase (Decrease) in Net Assets 18,817 (34,972) 271,840 96,715 81, , , ,767 1,096,169 (317,638) 28.98% ADDITIONAL ACCRUED REVENUE (72,236) ACCRUED REVENUE CHANGE 37,756 (48,790) (69,279) 60,781 66,570 (122,881) 3,607 FACILITY INCENTIVE GRANT (33,770) (33,770) (101,340) 67,570 Capitalized Equipment (10,992) 10,992 College Readiness 3,150 4,230 4,095 11,475 11,475 Educator Effectiveness ENERGY JOBS ACT 71,115 (71,115) Adjusted Net Increase (Decrease) in Net Assets 56,573 (80,612) 173, , , , , ,236 1,054,952 (298,716) 28.32%

13 WALLIS ANNENBERG HIGH SCHOOL CURRENT YEAR REVENUES AND AR 20886CY REVENUE 1. JANUARY need 4Q interest accrual Revenues Received Resource Obj Jul17 Aug17 Sep17 Oct17 Nov17 Dec17 Jan18 Total Revenue Per GL Est. Revenue enrollment shortfall Revenue Accrued Revenue % % REVENUE LIMIT GP ENT 185, , , , , , , ,036, ,872, ,560,837 55% 1,958,460 (77,659) GP ENT PY ADJ GP ENT PY ADJ EPA 173, , , , ,061 55% 361, , EPAPY Property Tax Rev 59, , , , , , , , ,008, ,000 55% 541, (35,390) Property Tax RevPY 5,631, ,203, ,600 FEDERAL REVENUES SPECIAL EDUCATION IDEA 5, , , , , , , , , ,577 55% 48, (4,517) SPECIAL EDUCATION PRIOR YEAR ADJ TITLE I BASIC 58, , , , ,308 55% 128, (8,664) TITLE II TEACHER QUALITY 6, , , , ,075 55% 13, (11,271) TITLE II TEACHER QUALITY PY TITLE III LEP , , , ,310 55% 4, (2,262) TITLE III LEP PY % FEE FOR SERVICE MEDICAL BILLING FEDERAL OTHERAdvanced Placement 1, , STATE REVENUES SPECIAL EDUCATION AB602 16, , , , , , , , , ,644 55% 142, (13,329) SPECIAL EDUCATION AB602PY MANDATED COSTS 20, , ,647 55% 11, (9,291) MANDATED COSTSBACKLOG 23, , ,068 55% 37, , STATE LOTTERY 26, , ,212 55% 38, , STATE LOTTERY PY 1, , , STATE LOTTERY 21,941 55% 12, , STATE LOTTERY PY 2, , , SSIM OTHER STATE REVENUE CALIFORNIA ENERGY CLEAN JOBS 115, FACILITY INCENTIVE GRANT PROGRAM 33, , , BTSAEducator Effectiveness COLLEGE READINESS 0% LOCAL REVENUES INTEREST , , , INTERESTFederal 8639 ALL OTHER SALES ALL OTHER SALESyearbook Reimb expenses ALL OTHER SALES CHOIR Athletic sales Fundraising School Activities Special Education SELPA Transfers 15, , ,005 55% 8, (6,752) TEEN COURT Fundraising Senior Activity Reimb expenses Grant PAT FundraisingGrant Fundraising Contributions OTHER LOCAL REVENUES 1, , TOTAL 266, , , , , , , ,502, (72,236) INTEREST3RD QTR

14 The Accelerated Schools Consolidated Statement of Activities For the Seven Months ended COMBINED COMBINED COMBINED COMBINED COMBINED COMBINED COMBINED COMBINED COMBINED COMBINED Increase 7/17/31/17 8/18/31/17 9/19/30/17 10/110/31/17 11/111/30/17 12/112/31/17 1/1 TOTAL FY 1718 TOTAL FY 1617 (Decrease) % Increase REVENUE Accrual TOTAL FY 1718 TOTAL FY 1617 Local Control Funding Formula General PurposeLCFF 571, ,019 1,027,833 1,027,833 1,027,833 1,027,833 1,027,833 6,281, ,607 6,396,810 5,865, , % In Lieu Prop Tax 210, , , , , , ,178 2,031,294 (84,846) 1,946,448 1,836, , % Education Protection Act 539, ,218 1,078, ,356 1,181,792 1,236,884 (55,092) 4.45% Total LCFF Revenue 781, ,287 1,847,229 1,308,012 1,308,012 1,847,229 1,308,011 9,390, ,117 9,525,050 8,938, , % Federal Revenues NCLB Title I 2, , , ,243 (27,698) 452, ,064 92, % NCLB Title II 21, ,657 87,526 (39,317) 48,209 3,964 44, % NCLB Title III 4,263 8,650 41,072 53,985 (16,752) 37,233 29,781 7, % Special Ed IDEA 19,382 38,765 25,844 25,843 25,843 25,842 25, ,364 (6,390) 180, ,102 4, % Child Nutrition 26,766 15, , , , , , ,661 (49,249) 6.59% Other Federal Revenue 1,123 1,123 1,123 4,408 (3,285) Total Federal Revenues 19,382 65,531 70, ,482 25, , ,119 1,212, ,678 1,418,496 1,321,980 96, % State Revenues Special EducationAB602 56, ,293 75,530 75,529 75,529 75,529 75, ,586 (19,150) 528, ,787 26, % State Lottery Non prop 20 4, , ,446 40, , ,005 45, % State Lottery Prop 20 7,457 9,170 16,627 41,723 58,350 40,259 18, % Child Nutrition State 1,260 7,513 17,187 25,960 20,973 46,933 49,924 (2,991) 5.99% ASES After School 186, ,322 (38,495) 147, ,375 24, % Other State Revenues 78,438 39,429 93, ,072 43, , ,866 (250,042) 49.53% Total State Revenues 56, , ,590 83, , ,632 75,528 1,114,013 89,679 1,203,692 1,342,216 (138,524) 10.32% Local Revenues Food Service Sales ,706 1,706 5,014 (3,308) 65.98% Rent Wallis Annenberg 47,422 47,422 47,422 47,422 47,422 47,422 47, , , ,104 84, % Interest , , , , ,607 80, % Fundraising/Others 4,956 1,597 7, ,671 (5,084) 9,587 5,379 4, % Grants and Donations , ,738 5,738 7,429 (1,691) 22.76% Other Local Revenues 800 3,579 50, ,979 91,388 (16,867) 74,521 1,197,091 (1,122,570) 93.77% Reimbursement School expenses ,103 1,103 24,834 (23,731) 95.56% Total Local Revenues 49,481 51,582 98,389 53, ,768 94,057 48, ,907 91, ,842 1,606,458 (981,616) 61.10% Total Revenue 906,664 1,221,693 2,183,573 1,788,182 1,771,903 2,538,014 1,840,642 12,250, ,409 12,772,080 13,209,443 (437,363) 3.31% W/O Construction, Incentive Grant, Energy and Rent 12,314,325 11,527, , %

15 The Accelerated Schools Consolidated Statement of Activities For the Seven Months ended Increase 7/17/31/17 8/18/31/17 9/19/30/17 10/110/31/17 11/111/30/17 12/112/31/17 1/1 TOTAL FY 1718 TOTAL FY 1617 (Decrease) % Increase Expenditures Certificated Salaries Teachers 2, , , , , , ,705 2,222,853 2,132,320 90, % Substitutes 15,925 13,496 9,607 7, ,379 58,485 26,558 31, % Teachers Extra pay 55,875 6,323 10,013 15,428 6,772 5,092 13, ,169 96,009 17, % Administrators 122,524 98,287 83, ,300 95, ,468 98, , ,960 (30,830) 4.17% Total Certificated Salaries 181, , , , , , ,307 3,103,637 2,994, , % Classified Salaries Instructional Aides 7,975 14,845 21,889 29,004 23,843 16,370 30, , ,947 16, % Classified Admin. and Office 80,652 88,790 91,271 85,663 84,930 88,165 86, , ,792 34, % Facility maintenance 31,446 34,986 33,651 31,957 29,689 32,640 32, , ,320 25, % Security 11,930 22,911 24,768 27,948 22,057 17,272 24, , ,321 (12,185) 7.46% Food Services 18,806 21,108 27,932 30,081 27,882 24,389 30, , ,928 6, % After School Program 4,705 15,604 16,793 19,952 18,787 13,360 20, ,216 95,971 13, % Total Classified Salaries 155, , , , , , ,116 1,419,167 1,334,279 84, % Employee Benefits STRS Certificated 21,140 64,339 57,291 69,816 66,258 66,415 67, , ,206 58, % Medicare Certificated 2,373 6,575 6,641 6,935 6,547 6,570 6,676 42,317 40,557 1, % Medicare Classified 2,387 3,008 3,092 3,375 3,112 2,816 3,383 21,173 19,993 1, % Social Security (OASDI) Classified 10,210 12,859 13,224 14,431 13,311 12,012 14,461 90,508 85,318 5, % H&W Certificated 38,634 55,385 59,645 66,827 66,496 68,360 67, , ,850 92, % H&W Classified 39,118 24,688 22,490 25,592 23,210 23,746 24, , ,688 7, % State Unemployment Certificated , ,623 5,199 (576) 11.08% State Unemployment Classified ,724 1, % Workers Comp Certificated 8,263 4,534 8,535 9,353 9,756 9,563 8,570 58,574 60,053 (1,479) 2.46% Workers Comp Classified 6,163 1,691 4,044 4,636 4,743 4,218 4,365 29,860 30,302 (442) 1.46% Total Employee Benefits 128, , , , , , ,564 1,268,601 1,102, , % Books and Supplies Textbooks 140 6,277 6, , ,405 (381,106) 96.38% Professional and Other Books ,968 1, % Instructional Materials 7,755 59,908 20,939 6,735 7,448 12,801 17, , ,196 (63,469) 32.35% Computer equip. & software ,074 6,587 (5,513) 83.70% Office supplies 141 1, , ,665 8,046 (3,381) 42.02% Janitorial supplies 4,571 4,305 6,194 5,811 4,711 6,430 3,985 36,007 40,195 (4,188) 10.42% Cafeteria supplies 47 3,113 5,902 5,601 3,672 2,197 5,261 25,793 30,040 (4,247) 14.14% Food Meetings , ,902 6,453 (1,551) 24.04% Other Supplies 3,049 9,270 7,971 15,901 3,717 7,446 5,216 52,570 47,292 5, % Noncapital Equipment 5,113 16,210 7,409 4,624 46,032 1,446 14,605 95, ,618 (435,179) 82.01% Food cost 7,338 67,510 61,659 93,939 53,159 39,346 72, , ,871 20, % Total Books and Supplies 29, , , , ,494 71, , ,927 1,637,353 (872,426) 53.28% Other Operating Expenses Travel and Conferences 2, ,879 3,681 1, ,547 15,371 (4,824) 31.38% Dues and Memberships 22,457 22,955 18,627 1,647 2,643 29,450 18, ,964 67,563 48, % Insurance 119, , ,531 4, % Utilities 30,639 32,915 49,665 34,342 32,721 28,375 27, , ,838 52, % Trash disposal 2,291 2,183 3,039 3,482 3,432 3,735 4,400 22,562 12,940 9, % Rents and rentals 51,422 51,422 51,422 51,422 51,422 51,422 51, , ,104 3, % Repairs 7,709 13,622 28,612 24,142 3,121 22,179 5, ,541 98,904 5, % Service contracts 9,456 9,961 8,922 9,065 3,963 5,097 5,490 51,954 56,147 (4,193) 7.47% Other contracted serviceslacoe 350 2,814 3, ,574 11,336 8,761 2, % Student activities 708 1, ,014 8,513 14,001 15,065 (1,064) 7.06% Accounting & Legal 9,407 10,241 18,445 10,885 19,872 17,536 3,968 90,354 65,674 24, % License and fees , ,859 3,307 (448) 13.55% Computer services 0.00% Outside consultants 15,090 39,422 68,201 94, , , , , , , % Outside substitutes 21,619 53,779 63,168 45,737 13,339 63, , ,681 11, % Fingerprints and medical 813 1,672 1, ,248 5, % Other charges 15,205 30,411 20,275 20,275 20,275 20,275 20, , ,598 17, % Other services 1,048 1,134 4, , ,036 9, % Communications 6,309 6,729 5,398 7,746 7,887 6,516 6,329 46,914 43,366 3, % Total Other Operating Expenses 294, , , , , , ,193 2,174,964 1,778, , % Capital Outlay Capitalized purchases 0.00% Depreciation Expense 167, , , , , , ,105 1,176, , , % Total Capital Outlay 167, , , , , , ,105 1,176, , , % Other Outgo LAUSD Oversight Fees 9,962 19,923 13,281 13,283 13,283 13,283 13,280 96,295 80,385 15, % Interest on Debt Service 22,466 22,465 4,831 28,608 17,730 17,669 17, ,378 60,250 71, % Total Other Outgo 32,428 42,388 18,112 41,891 31,013 30,952 30, , ,635 87, % Total Expenditures 989,875 1,472,677 1,499,502 1,603,193 1,521,748 1,481,105 1,567,074 10,135,174 9,773, , % Increase (Decrease) in Net Assets (83,211) (250,984) 684, , ,155 1,056, ,568 2,115,497 3,436,101 (799,195) 23.26% ADDITIONAL ACCRUED REVENUE 521,409 ACCRUED REVENUE CHANGE 167,436 (14,193) 23, , ,008 (486,827) 211,864 FACILITY INCENTIVE GRANT (75,448) (75,448) (226,338) 150,890 Capitalized Equipment (67,762) 67,762 Educator Effectiveness/College Readiness 3,150 4,230 4,095 11,475 11,475 ENERGY JOB ACTS 149,138 (149,138) Construction (36) 10,357 (50,172) (178) (172) 6,850 1,904 (31,448) (694,257) 662,809 Adjusted Net Increase (Decrease) in Net Assets 84,189 (251,670) 586, , , , ,335 2,541,485 2,596,882 (55,396) 2.13%