(per Ed. Code 42931,e) May 20, 2010

Transcription

1 EAST SIDE UNION HIGH SCHOOL DISTRICT Third Financial Statement of Projections (per Ed. Code 42931,e) May 20, 2010

2 Table of Contents Budget Assumptions - General Fund Page 1 Budget Reconciliation General Fund Unrestricted Page 5 General Fund 2009/10 Summary Page 10 General Fund 2010/11 and 2011/12 Projections Page 12 General Fund Restricted Page 14 Assumptions and Summary

3 Budget Assumptions General Fund 1

4 East Side Union High School District Third Interim Assumption For 2009 / 10 General Fund - Unrestricted Expenditures nd Interim 3rd Interim COLA Increase 0.00% 0.00% 0.00% 0.00% Mandatory Benefits Rates: STRS 8.250% 8.250% 8.250% 8.250% PERS 9.709% 9.709% % % PERS Reduction 3.311% 3.311% 2.313% 2.313% OASDI 6.200% 6.200% 6.200% 6.200% MMC 1.450% 1.450% 1.450% 1.450% Retiree Benefit % 2.700% 2.700% 2.700% Workers' Comp % 3.062% 3.062% 3.062% U.I % 0.300% 0.720% 0.720% Step & Column Adjustments Certificated - 1.5% salaries and statutory benefits $1,520,825 $1,473,075 Classified - 2% salaries and statutory benefits $371,689 $335,045 Adjust Transfer Certificated (to)/from SFSF ($7,984,704) ($8,260,370) $3,529,661 $4,730,709 Adjust Transfer Certificated (to)/from ARRA ($2,087,633) ($2,089,524) $2,082,186 $7,338 Adjust Transfer Classified (to)/ from SFSF ($730,911) ($646,094) $646,094 Adjust Transfer Certificated to Restr Programs ($370,302) ($266,872) ($665,616) $932,488 Transfer Certificated (2.0 FTEs) to Restr Perkins Program ($170,536) ($170,536) Reduce Certificated Positions FTEs ($5,845,861) Re-instate 6.0 FTEs - Psychologists $510,819 Reduce Classified Positions FTEs ($2,913,894) Re-instate 1.0 FTEs - Comp Tech Support Engineer $112,117 Reduce Assoc Supt 3% Salaries (0.65 FTE in Gen Fd) ($4,855) Reduce Board of Trustees Stipend 10% ($5,722) Savings from Not Filling Vacant for HR Director (1.0 FTE) ($194,876) Savings from Not Filling Vacant Testing Coord. (0.6 FTE-G/F) ($84,187) Reduce Classified Managers (1.0 FTEs - General Fd) ($156,267) H & W Rate and Other Benefits Increase $2,959,398 $2,597,684 Augment Textbook Budget $250,000 $250,000 Property & Liabilities Insurance Premium $1,198,489 $1,198,489 $1,258,413 $1,321,334 Project Gas Savings with Pool Covers ($250,000) ($250,000) Project Utilities with 5% Rate increased $5,350,938 $5,562,850 Project Guaranteed Savings from Re-newal Energy ($862,691) ($889,600) Election Cost for Board of Trustees $290,398 $215,110 Election Cost for Parcel Tax $194,936 Indirect Cost Projection ($4,387,709) ($4,387,709) ($3,678,570) ($2,713,018) ROC/P Pass-through Transfers $1,147,205 $1,147,205 $0 $0 Re-newable Energy Equipment Debt Repayment $540,898 $927,254 OPEB Debt Repayment $1,832,593 $1,832,593 $1,865,341 $1,906,017 2

5 Third Interim Assumption For 2009 / 10 General Fund - Unrestricted Revenues nd Interim 3rd Interim Revenue Limit Project P2 ADA 23, , , , COLA Factor 4.25% or $ % or $ % or <$28> 1.8% or $ Total COLA $7,146,198 $7,174,497 ($668,205) $3,151,821 Deficit Factor % % % % Total Deficit ($32,298,331) ($32,427,669) ($32,235,833) ($32,816,078) One-time Basis Adjustment ($252.99/ADA in 3rd Interim) ($5,949,178) ($5,975,356) Permanent Reduction to ADA Basis $231 / ADA ($5,512,674) ($5,512,674) Lottery Revenue $111 / ADA $110 / ADA $110 / ADA $110 / ADA $3,085,924 $3,033,701 $3,020,930 $3,020,930 COLA For Other State Revenues % 1.80% Hourly Remedial & Core $2,105,407 $2,105,407 $2,097,406 $2,135,160 Other State Revenues ABX3 56 QEIA Fix - Reduction by State * Class Size Reduction by ($194,058) $159,018 $189,889 $306,856 $312,379 Arts & Music Block Grant by ($144,715) $203,989 $204,139 $348,078 $354,344 School Safety by ($695,431) $193,348 $193,348 $750,247 $763,752 Supplemental Counseling (AB 1802) by ($1,387,866) $54,291 $54,291 $1,382,592 $1,407,479 Tier III Flexibility Revenues Cal-Safe $819,127 $892,337 $816,009 $830,698 ROC/P (Metro Ed funded directly by CDE/COE from 1/2010) $1,147,205 $1,147,205 $0 CAHSEE $760,051 $760,051 $757,163 $770,792 GATE $160,466 $160,466 $159,856 $162,734 Instructional Materials $1,400,700 $1,398,391 $1,393,077 $1,418,153 Pupil Retention (Continuation Ed & 10th Counseling) $544,247 $544,247 $542,179 $551,938 TAAP-Prof Dev Block Grant $729,468 $729,468 $726,696 $739,777 TIIG $7,966,777 $7,966,777 $7,936,503 $8,079,360 School & Library Improvement Block Grant $492,644 $492,644 $490,772 $499,606 Others: 3

6 Third Interim Assumption For 2009 / 10 General Fund - Unrestricted nd Interim Revenues 3rd Interim English Tutoring Program (CBET) $114,997 $114,997 $114,560 $116,622 Peer Assistance & Review (PAR) $90,391 $90,391 $90,048 $91,668 Cert Mentor Program $94,984 $106,389 $105,985 $107,892 BTSA $219,280 $219,280 $218,447 $222,379 Miscellaneous Programs $126,634 $143,535 $210,279 $214,064 Other State Grant & Mandated Cost Settlement $200,341 $200,341 $199,975 $201,704 Deferred Maintenance $938,282 $938,282 $934,717 $951,541 Lease & Rental of Facilities $158,000 $158,000 $335,000 $335,000 Towers Space Lease $144,000 $144,000 Interest Income $212,000 $70,802 $150,000 $150,000 Safety Credit $467,235 $442,853 $442,853 $442,853 Civic Center-Use of Facilities $450,000 $484,475 $450,000 $450,000 Community Redevelopment Fund $348,843 $348,843 $300,000 $300,000 Renewable Energy Incentive Revenue $2,507,149 $2,496,599 Final Insurance Settlement $688,655 New Beverage Contract $150,000 $150,000 All Other Local Revenues $1,075,741 $2,330,644 $300,000 $300,000 Transfer to Athletic Program ($800,000) ($1,585,000) ($1,200,000) ($1,200,000) Transfer from General Reserve $4,200,000 Transfer from Self-Insurance Fund $600,000 Transfer from OPEB-Revocable Fund $1,500,000 $2,000,000 Transfer from Facilities Fd for Prior Years Lease Income $600,000 Contribute to Special Ed ($13,816,742) ($13,779,006) ($15,311,960) ($16,046,081) Transfer to Restricted Routine Maintenance ($2,500,000) ($2,500,000) ($4,000,000) ($4,000,000) Contribute to Transportation ($2,502,771) ($2,824,355) ($2,624,928) ($2,755,604) * Notes: ABX3 56 QEIA Back Fill with SFSF in 2010/11 4

7 Budget Reconciliation General Fund-Unrestricted 5

8 Third Interim Reconciliation For 2009 / 10 General Fund - Unrestricted 2009/ / / /12 Second Interim Third Interim Projection Projection Revenues Project P2 ADA 23, , , , Increase/ (Decrease) in ADA (50.60) 0.00 $129,481 $694,774 ($372,686) $0 Revenue Limit COLA 4.25% or $ % or $ % or <$28> 1.8% or $ ($668,205) $3,151,821 Revenue Limit Deficit % (0) (0) (0) Increase/(Decrease) from prior projection ($22,451) ($129,338) $191,836 ($580,245) One-time Reduction $ / ADA $68,955 ($26,178) $5,975,356 Permanent Reduction to ADA Basis $231 / ADA ($5,512,674) $0 Misc. Adjustments Prior Year Revenue Limit Adjustment $0 ($219,607) Beginning Teacher Incentive ($7,165) $9,856 ($1,995) $9,416 Increase / (Decrease) in Unemployment Insurance $114,758 $13,287 $456,529 (Increase)/Decrease COE Sp Ed ADA Transfer ($81,957) ($32,737) $6,416 ($30,277) (Increase)/Decrease District Sp Ed ADA Transfer ($103,719) $34,044 $937 ($116,033) Total Revenue Limit Increase / (Decrease) $97,902 $563,708 ($144,093) $2,434,682 Lottery $111 / ADA $110 / ADA $110 / ADA $110 / ADA Increase / (Decrease) $38,520 ($52,223) ($12,771) Class Size Reduction ($159,660) $30,871 $116,967 $5,523 Hourly Remedial and Core Programs ($3,442) ($8,001) $37,753 TIIG - Tier III Flex State Revenues ($30,274) $142,857 Other- Tier III Flex State Revenues ($141,991) $28,456 $208,665 $19,573 Tier III Flex Programs - Reporting below: * * Cal Safe $73,210 ($76,328) $14,688 * ROC/P-Fund directly instead of Pass-thru East Side ($1,616,534) ($1,147,205) * School Safety ($559,761) $556,899 $13,504 * Counseling (1802) ($1,333,575) $1,328,301 $24,887 * GATE ($610) $2,877 * Pupil Retention ($2,068) $9,759 * Professional Development-Blk Grant ($2,772) $13,081 * School & Library Improvement Blk Grant ($1,872) $8,834 CAHSEE (Transfer from Restricted Resource) ($2,888) $13,629 6

9 Third Interim Reconciliation For 2009 / 10 General Fund - Unrestricted 2009/ / / /12 Second Interim Third Interim Projection Projection Other State Grant ($366) $1,729 Instructional Materials (Transfer from Restricted Resource) ($2,309) ($5,314) $25,076 Deferred Maintenance (Transfer from Restricted Resource) $40,460 ($3,565) $16,825 Lease & Rental Income (Calero Utilities) $55,577 $321,000 Interest Income ($188,000) ($141,198) $79,198 Safety Credit ($24,382) Community Redevelopment ($48,843) All Other Local Income $621,243 $1,289,378 ($1,915,119) Renewable Energy Incentive Revenues $2,507,149 ($10,550) Prior Years LPS Lease Deposit Adjustment $600,000 ($600,000) Transfer from General Reserve $4,200,000 ($4,200,000) Transfer from Self-Insurance Fund $600,000 ($600,000) Transfer from OPEB-Revocable Fund $1,500,000 $500,000 (Increase)/Decrease contribution to Athletic Program ($785,000) $385,000 (Increase)/Decrease contribution to Special Ed $203,781 $37,736 ($1,532,954) ($734,121) (Increase)/Decrease contribution to Restricted Routine Maint ($1,500,000) (Increase)/Decrease contribution to Transportation $2,091 ($321,584) $199,427 ($130,676) Total Increase/(Decrease) Income ($2,943,389) $696,663 $6,167,563 ($2,990,070) 7

10 Third Interim Reconciliation For 2009 / 10 General Fund - Unrestricted 2009/ / / /12 Second Interim Third Interim Projection Projection Expenditures Step & Column Adjustments Certificated - 1.5% salaries and statutory benefits $1,520,825 $1,473,075 Classified - 2% salaries and statutory benefits $371,689 $335,045 Mandatory Benefits Rates: STRS 8.250% 8.250% 8.250% 8.250% PERS 9.709% 9.709% % % PERS Reduction 3.311% 3.311% 2.313% 2.313% OASDI 6.200% 6.200% 6.200% 6.200% MMC 1.450% 1.450% 1.450% 1.450% Retiree Benefit % 2.700% 2.700% 2.700% Workers' Comp % 3.062% 3.062% 3.062% U.I % 0.300% 0.720% 0.720% COLA Increase 0.00% 0.00% 0.00% 0.00% Increase/(Decrease) from prior projection $0 $0 $0 Adjust Open Position ($239,119) ($189,420) Adjust Transfer Certificated (to)/from SFSF ($609,368) ($275,665) $3,529,661 $4,730,709 Adjust Transfer Certificated (to)/from ARRA ($239,280) ($1,891) $2,082,186 $7,338 Adjust Transfer Classified (to)/ from SFSF $84,818 $625,198 Transfer Certificated (2.0 FTEs) to Restr Perkins Program ($170,536) Adjust Transfer Certificated to Restr Programs ($370,302) ($562,186) $932,488 Adjust Summer School Projection ($300,000) ($243,089) Reduce Certificated Positions FTEs ($5,845,861) Re-instate 6.0 FTEs - Psychologists $510,819 Reduce Classified Positions FTEs ($2,913,894) Re-instate 1.0 FTEs - Comp Tech Support Engineer $112,117 Reduce Assoc Supt 3% Salaries (0.65 FTE in Gen Fd) ($4,855) Reduce Board of Trustees Stipend 10% ($5,722) Savings from Not Filling HR Director (1.0 FTE) ($194,876) Savings from Not Filling Testing Coordinator (0.6 FTE in G/F) ($84,187) Reduce Classified Managers (1.0 FTEs in General Fd) ($156,267) 8

11 Third Interim Reconciliation For 2009 / 10 General Fund - Unrestricted 2009/ / / /12 Second Interim Third Interim Projection Projection Open Internal Auditor (0.25 FTE) $43,682 H & W & Retiree Health Benefit Rate Increase by 12% $2,557,610 $2,597,684 UI Tax Rate Increase from 0.3% to 0.72% $401,788 Augment Textbook Budget $250,000 Adjust Other Books to Restricted Lottery Resource ($6,000) Adjust Supplies Budget ($40,184) Adjust Dues, Lease, Repairs & Contract Svc Budget ($42,110) Project Property & Liabilities Insurance Premium 5% Increase $59,924 $62,921 Project Utilities Rate increase by 5% $254,807 $211,912 Project Guaranteed Savings from Re-newal Energy ($862,691) ($26,909) Project Gas Savings with Pool Covers ($250,000) (Decrease) / Increase Election Cost for Board of Trustees $290,398 ($75,288) (Decrease) / Increase Election Cost for Parcel Tax $194,936 ($194,936) Project Communication Rate increase by 5% $81,272 $75,336 Project Savings from VOIP Contract ($200,000) (Decrease) / Increase Direct Cost Transfer $10,000 $709,139 $965,552 Transfer to Increase Communication $60,772 Decrease ROC/P Pass-through Transfers ($1,616,534) ($1,147,205) Decrease /( Increase) Indirect Cost ($100,000) Incr/(Decr) Re-newable Energy Equip Debt Repayment $540,898 $386,356 Increase/(Decrease) OPEB Debt Repayment $32,748 $40,676 Total Increase/(Decrease) Expense ($3,403,831) ($713,541) $1,771,418 $11,521,959 9

12 General Fund 2009/

13 EAST SIDE UNION HIGH SCHOOL DISTRICT General Fund Revenue and Expenditure Summary 09/10 First Interim 09/10 Second Interim 09/10 Third Interim Categories Unrestricted Restricted Combined Unrestricted Restricted Combined Unrestricted Restricted Combined Revenues Revenue Limit $130,354,626 $6,128,964 $136,483,590 $130,452,528 $6,232,683 $136,685,211 $131,016,236 $6,198,639 $137,214,875 Federal $0 $23,126,685 $23,126,685 $0 $25,080,655 $25,080,655 $0 $24,802,229 $24,802,229 Other State $25,343,554 $6,035,528 $31,379,082 $21,607,571 $6,077,836 $27,685,407 $21,685,576 $6,108,974 $27,794,550 Local $2,222,999 $8,220,463 $10,443,462 $2,711,819 $7,826,283 $10,538,102 $3,835,617 $6,919,083 $10,754,700 Contrib to Special Ed. & Other Transfer ($19,825,385) $22,325,385 $2,500,000 ($19,619,513) $22,119,513 $2,500,000 ($20,688,361) $23,188,361 $2,500,000 Total Revenues $138,095,794 $65,837,025 $203,932,818 $135,152,405 $67,336,970 $202,489,375 $135,849,068 $67,217,286 $203,066,354 Expenditures Certificated Salaries $82,592,223 $26,463,070 $109,055,293 $81,417,368 $27,069,360 $108,486,728 $80,954,264 $27,223,968 $108,178,232 Classified Salaries $15,025,073 $12,419,523 $27,444,596 $14,845,499 $12,366,921 $27,212,420 $14,779,700 $12,440,630 $27,220,330 Employee Benefits $34,133,077 $16,293,557 $50,426,634 $33,729,437 $16,455,189 $50,184,626 $33,633,093 $16,451,712 $50,084,805 Books & Supplies $1,704,293 $3,778,048 $5,482,341 $1,704,293 $4,088,708 $5,793,001 $1,658,109 $3,789,821 $5,447,930 Operation & Contracted Services $11,228,842 $5,669,257 $16,898,099 $11,299,614 $6,504,147 $17,803,761 $11,257,504 $6,490,751 $17,748,255 Capital Outlay $0 $758,283 $758,283 $0 $1,149,556 $1,149,556 $0 $1,149,575 $1,149,575 Other Outgo $3,164,539 $163,059 $3,327,598 $1,548,005 $160,977 $1,708,982 $1,548,005 $155,880 $1,703,885 Direct Support/Indirect Costs ($4,287,709) $3,757,927 ($529,782) ($4,387,709) $3,838,688 ($549,021) ($4,387,709) $3,838,688 ($549,021) Total Expenditures $143,560,338 $69,302,724 $212,863,062 $140,156,507 $71,633,546 $211,790,053 $139,442,966 $71,541,025 $210,983,991 Other Sources/Uses $1,832,593 $0 $1,832,593 $1,832,593 $0 $1,832,593 $1,832,593 $0 $1,832,593 $0 $0 $0 Total General Fund Expenditures $145,392,931 $69,302,724 $214,695,655 $141,989,100 $71,633,546 $213,622,646 $141,275,559 $71,541,025 $212,816,584 Net Increase/Decrease to Fund Balance ($7,297,137) ($3,465,699) ($10,762,837) ($6,836,695) ($4,296,576) ($11,133,271) ($5,426,491) ($4,323,739) ($9,750,230) Beginning Balance $7,332,873 $8,913,960 $16,246,833 $7,332,873 $8,913,960 $16,246,833 $7,332,873 $8,913,960 $16,246,833 Prior Year Stores Adjustment Audit Adjustment $0 $0 $0 Ending Balance Before Reserve $35,735 $5,448,261 $5,483,996 $496,178 $4,617,384 $5,113,562 $1,906,382 $4,590,221 $6,496,603 Revolving Cash $2,500 $2,500 $2,500 $2,500 $2,500 $2,500 Stores $180,829 $180,829 $180,829 $180,829 $180,829 $180,829 Ending Balance with Reserve $219,064 $5,448,261 $5,667,325 $679,507 $4,617,384 $5,296,891 $2,089,711 $4,590,221 $6,679,932 Carry-overs $0 $0 $0 $0 $0 $0 Net Ending Balance $219,064 $5,448,261 $5,667,325 $679,507 $4,617,384 $5,296,891 $2,089,711 $4,590,221 $6,679,932 General Reserve $7,344,356 $7,344,356 $7,335,819 $7,335,819 $7,335,819 $7,335,819 Ending Balance plus Gen Reserve $7,563,421 $5,448,261 $13,011,682 $8,015,326 $4,617,384 $12,632,711 $9,425,530 $4,590,221 $14,015, :45 PM General Fund 3rd Interim

14 General Fund 2010/11 and 2011/12 Projections 12

15 EAST SIDE UNION HIGH SCHOOL DISTRICT General Fund Revenue and Expenditure Summary Categories 10/11 Projection 11/12 Projection Unrestricted Restricted Combined Unrestricted Restricted Combined Revenues Revenue Limit Federal Other State Local Contrib to Special Ed. & Other Transfer Total Revenues Expenditures Certificated Salaries Classified Salaries Employee Benefits Books & Supplies Operation & Contracted Services Capital Outlay Other Outgo Direct Support/Indirect Costs Total Expenditures Other Sources/Uses $130,872,143 $6,197,702 $137,069,845 $133,306,825 $6,313,735 $139,620,560 $0 $15,996,109 $15,996,109 $0 $12,497,442 $12,497,442 $22,602,374 $6,026,210 $28,628,584 $22,952,969 $6,118,141 $29,071,110 $4,779,002 $7,241,468 $12,020,470 $4,768,452 $7,580,132 $12,348,584 ($16,236,888) $23,336,888 $7,100,000 ($22,001,685) $24,001,685 $2,000,000 $142,016,631 $58,798,377 $200,815,008 $139,026,561 $56,511,135 $195,537,696 $81,967,903 $23,637,451 $105,605,353 $87,244,189 $19,925,745 $107,169,934 $13,695,956 $11,137,389 $24,833,346 $13,959,876 $11,360,137 $25,320,012 $35,520,390 $15,361,719 $50,882,109 $40,056,524 $14,752,433 $54,808,956 $1,908,109 $3,209,285 $5,117,394 $1,908,109 $2,871,199 $4,779,308 $10,826,150 $6,096,873 $16,923,023 $10,879,186 $5,857,077 $16,736,263 $0 $8,743 $8,743 $0 $8,743 $8,743 $400,800 $40,000 $440,800 $400,800 $40,000 $440,800 ($3,678,570) $3,148,808 ($529,762) ($2,713,018) $2,183,256 ($529,762) $140,640,738 $62,640,268 $203,281,006 $151,735,665 $56,998,589 $208,734,254 $2,406,239 $0 $2,406,239 $2,833,271 $0 $2,833,271 Total General Fund Expenditures Net Increase/Decrease to Fund Balance Beginning Balance Prior Year Stores Adjustment Audit Adjustment Ending Balance Before Reserve Revolving Cash Stores Ending Balance with Reserve Carry-overs Net Ending Balance General Reserve Ending Balance plus Gen Reserve $143,046,977 $62,640,268 $205,687,245 $154,568,936 $56,998,589 $211,567,525 ($1,030,346) ($3,841,891) ($4,872,237) ($15,542,374) ($487,454) ($16,029,829) $1,906,382 $4,590,221 $6,496,603 $876,036 $748,330 $1,624,366 $0 $0 $876,036 $748,330 $1,624,366 ($14,666,339) $260,876 ($14,405,463) $2,500 $2,500 $2,500 $2,500 $180,829 $180,829 $180,829 $180,829 $1,059,365 $748,330 $1,807,695 ($14,483,010) $260,876 ($14,222,134) $0 $0 $0 $0 $1,059,365 $748,330 $1,807,695 ($14,483,010) $260,876 ($14,222,134) $3,267,864 $3,267,864 $3,333,221 $3,333,221 $4,327,229 $748,330 $5,075,560 ($11,149,789) $260,876 ($10,888,912) 13 1:45 PM General Fund 3rd Interim

16 General Fund-Restricted

17 Third Interim Assumption For 2009 / 10 General Fund - Restricted Revenues Description nd Interim 3rd Interim Special Ed: Revenue Limit: Project P2 ADA 1, , , , Revenue Limit before adjustment 7,644,344 7,602,801 7,925,622 7,895,492 COLA Factor 4.25% or $ % or $ % or <-$28> 1.80% or $ Total COLA 324, ,821 (30,130) 142,117 Deficit Factor % % % % Total Deficit (1,462,697) (1,454,748) (1,449,217) (1,475,302) One-time Basis Adjustment ($ / ADA) (273,549) (272,235) Ongoing Admin Cost Reduction ($231 / ADA) (248,572) (248,572) Total Projected Special Ed Revenue Limit 6,232,683 6,198,639 6,197,702 6,313,735 Federal Local Assistant Program 4,501,705 4,501,705 4,383,190 4,383,190 Federal ARRA/IDEA Program 3,866,406 3,881, ,331 0 SELPA Revenues 2,666,552 2,549,889 2,586,468 2,925,132 State Mental Health Program 71,268 71,268 71,268 71,268 Other State Program 8,774 8,774 8,774 8,774 Interest Income 3,382 All Other Local Revenues 300, , , ,000 Contribution from Unrestricted General Fund 13,816,742 13,779,006 15,311,960 16,046,081 Categorical Programs: All Program Projections include carryover or deferred if applicable Federal Revenues Title I 3,951,020 3,721,917 3,902,000 3,602,000 ARRA 2,408,774 2,411,037 7,869 Migrant Education 269, , , ,884 NCLB - Program Improv Dist Inverv 76,813 76,813 ARRA - State Fiscal Stabilization Fund 5,647,601 5,647,601 2,028,467 Transitional Partnership 394, , , ,949 Voc Ed & Appl Tech II 551, , , ,084 Perkins (Post Secondary) 123, ,059 Title IV Drug Free School 85,143 85,143 70,700 70,700 Prof Staff Development (Imprv Teach Quality) 899, ,944 1,114, ,699 Principal Training 15,483 15, NCLB - EETT 27,031 27,035 27,035 27,035 Title V Innovative Ed Strategies 10,802 10,802 10,802 10,802 Title III - Immigrant Ed 116, , , ,125 15

18 Third Interim Assumption For 2009 / 10 General Fund - Restricted Revenues Description nd Interim 3rd Interim Title III - LEP 477, , , ,130 Refugee Assistance (RECAP) 304, , , ,900 Medi Cal Reimbursement 129, ,654 80,000 80,000 ROTC 532, , , ,849 Small Learning Community 605, , , ,257 Teaching American History 83,809 83, , ,838 State Income COLA for Other State Programs If applicable -4.46% -4.46% -0.38% 1.80% Workability 481, , , ,902 CSIS 7,286 7,286 State Lottery Restricted 368, , , ,019 CA Health Science 41,230 45,487 CPA Academy CTE Initiative 123, , , ,260 CPA Academy Green & Clean 168, , , ,374 EIA 2,650,794 2,650,794 2,640,721 2,688,254 CPA Partnership Academies 577, , , ,241 Home to School Transportation 224, , , ,952 Sp Ed Transportation 1,345,088 1,345,088 1,339,977 1,364,096 Local Income Interest Income 11,702 Transportation Fees 253, , , ,000 ROC/P Satellite 200, , , ,000 All Other Local Income 4,393,596 3,505,209 3,700,000 3,700,000 All Other Sources Contribution to Athletic from General Fund 800,000 1,585,000 1,200,000 1,200,000 Contribution to Restricted Routine Maintenance 5,000,000 5,000,000 4,200,000 4,000,000 Contribution to Transportation from General Fund 2,502,771 2,824,355 2,624,928 2,755,604 16

19 Third Interim Assumption For 2009 / 10 General Fund - Restricted Expenditures Description nd Interim 3rd Interim COLA Increase 0.00% 0.00% 0.00% Mandatory Benefits Rates: STRS 8.250% 8.250% 8.250% 8.250% PERS 9.709% 9.709% % % PERS Reduction 3.311% 3.311% 2.313% 2.313% OASDI 6.200% 6.200% 6.200% 6.200% MMC 1.450% 1.450% 1.450% 1.450% Retiree Benefit % 2.700% 2.700% 2.700% Workers' Comp % 3.062% 3.062% 3.062% U.I % 0.300% 0.720% 0.720% Special Ed: Step & Column Adjustments Certificated - 1.5% salaries and statutory benefits 213, ,113 Classified - 2% salaries and statutory benefits 106, ,372 Reduce Classified Positions FTEs (1,321,145) Payoff Special Ed bus lease with ARRA-IDEA Fund 596, ,975 Purchase 7 Special Need Buses with ARRA-IDEA Fund 552, ,857 ARRA-IDEA Pays 9.0 Certificated FTEs 748,164 ARRA-IDEA Pays 22.0 Certificated FTEs 1,811,061 1,878,089 ARRA-IDEA Pays 2.0 Coordinator FTEs 295, ,095 ARRA-IDEA Pays Classified FTEs 406, ,438 Health & Welfare & Other Benefits Rates Increase 631, ,780 Project Non-Public School & other Services 2,957,386 2,957,386 2,957,386 2,957,386 Indirect Cost 2,073,996 2,049,087 1,826,565 1,306,631 17

20 Third Interim Assumption For 2009 / 10 General Fund - Restricted Expenditures Description nd Interim 3rd Interim Categorical Programs: Certificated - 1.5% salaries and statutory benefits 177, ,419 Classified - 2% salaries and statutory benefits 170, ,411 Reduce Certificated Positions FTEs (133,429) Savings from Not Filling Testing Coordinator FTE (56,446) Adjust Transfer Certificated (to)/from SFSF 7,984,704 8,328,973 (3,598,264) (4,730,709) Adjust Transfer Certificated (to)/from ARRA 2,087,633 2,089,524 (2,082,186) (7,338) Adjust Transfer Certificated to Restr Programs 370, , ,616 (932,488) Reduce Certificated Extra Time (218,496) Transfer Certificated (2.0 FTEs) to Restr Perkins Program 170, ,536 Transfer Classified Manager from CNS to SFSF 100, ,603 (108,603) Reduce Classified Position FTEs (415,593) Reduce Classified Manager FTE (62,354) Adjust Transfer Classified (to)/ from SFSF 759, ,644 (803,644) Transfer Classified (2.00 FTEs) to ARRA 115, ,639 (115,639) H & W Rate and Other Benefits Increase 393, ,127 Indirect Cost 1,764,692 1,789,601 1,322, ,625 18

21 General Fund (Restricted) Revenue and Expenditure Summary Third 2009/10 First Interim 2009/10 Second Interim 2009/10 Third Interim Categories Categorical Special Ed Combined Categorical Special Ed Combined Categorical Special Ed Combined Revenues Revenue Limit $ - $ 6,128,964 $ 6,128,964 $ - $ 6,232,683 $ 6,232,683 $ - $ 6,198,639 $ 6,198,639 Federal $ 15,495,559 $ 7,631,126 $ 23,126,685 $ 16,712,544 $ 8,368,111 $ 25,080,655 $ 16,418,560 $ 8,383,669 $ 24,802,229 Other State $ 5,955,486 $ 80,042 $ 6,035,528 $ 5,997,794 $ 80,042 $ 6,077,836 $ 6,028,932 $ 80,042 $ 6,108,974 Local $ 4,966,875 $ 3,253,588 $ 8,220,463 $ 4,859,731 $ 2,966,552 $ 7,826,283 $ 4,120,812 $ 2,798,271 $ 6,919,083 Interfund Transfers $ 8,304,862 $ 14,020,523 $ 22,325,385 $ 8,302,771 $ 13,816,742 $ 22,119,513 $ 9,409,355 $ 13,779,006 $ 23,188,361 Total Revenues $ 34,722,782 $ 31,114,243 $ 65,837,025 $ 35,872,840 $ 31,464,130 $ 67,336,970 $ 35,977,659 $ 31,239,627 $ 67,217,286 Expenditures Certificated Salaries $ 14,097,687 $ 12,365,383 $ 26,463,070 $ 14,783,683 $ 12,285,677 $ 27,069,360 $ 14,976,436 $ 12,247,532 $ 27,223,968 Classified Salaries $ 7,291,817 $ 5,127,706 $ 12,419,523 $ 7,337,952 $ 5,028,969 $ 12,366,921 $ 7,512,923 $ 4,927,707 $ 12,440,630 Employee Benefits $ 8,430,420 $ 7,863,137 $ 16,293,557 $ 8,651,182 $ 7,804,007 $ 16,455,189 $ 8,697,612 $ 7,754,100 $ 16,451,712 Books & Supplies $ 3,694,770 $ 83,278 $ 3,778,048 $ 4,005,430 $ 83,278 $ 4,088,708 $ 3,705,149 $ 84,672 $ 3,789,821 Operation & Contracted Services $ 2,670,610 $ 2,998,647 $ 5,669,257 $ 3,505,500 $ 2,998,647 $ 6,504,147 $ 3,494,809 $ 2,995,942 $ 6,490,751 Capital Outlay $ 205,639 $ 552,644 $ 758,283 $ - $ 1,149,556 $ 1,149,556 $ 8,743 $ 1,140,832 $ 1,149,575 Other Outgo $ 123,059 $ 40,000 $ 163,059 $ 120,977 $ 40,000 $ 160,977 $ 116,125 $ 39,755 $ 155,880 Direct Support/Indirect Costs $ 1,674,479 $ 2,083,448 $ 3,757,927 $ 1,764,692 $ 2,073,996 $ 3,838,688 $ 1,789,601 $ 2,049,087 $ 3,838,688 Total Expenditures $ 38,188,481 $ 31,114,243 $ 69,302,724 $ 40,169,416 $ 31,464,130 $ 71,633,546 $ 40,301,398 $ 31,239,627 $ 71,541,025 Other Sources/Uses $ - $ - $ - $ - $ - $ - $ - $ - $ - Total General Fund Expenditures $ 38,188,481 $ 31,114,243 $ 69,302,724 $ 40,169,416 $ 31,464,130 $ 71,633,546 $ 40,301,398 $ 31,239,627 $ 71,541,025 Net Increase/Decrease to Fund Balance $ (3,465,699) $ - $ (3,465,699) $ (4,296,576) $ - $ (4,296,576) $ (4,323,739) $ - $ (4,323,739) BEGINNING BALANCE $ 8,913,959 $ - $ 8,913,959 $ 8,913,959 $ - $ 8,913,959 $ 8,913,959 $ - $ 8,913,959 Net Change $ (3,465,699) $ - $ (3,465,699) $ (4,296,576) $ - $ (4,296,576) $ (4,323,739) $ - $ (4,323,739) Audit Adjustment ENDING BALANCE $ 5,448,260 $ - $ 5,448,260 $ 4,617,383 $ - $ 4,617,383 $ 4,590,220 $ - $ 4,590,220 Carry-overs $ - $ - $ - NET ENDING BALANCE $ 5,448,260 $ - $ 5,448,260 $ 4,617,383 $ - $ 4,617,383 $ 4,590,220 $ - $ 4,590,220 19

22 General Fund (Restricted) Revenue and Expenditure Summary Revenues Revenue Limit Federal Other State Local Interfund Transfers Total Revenues Categories Expenditures Certificated Salaries Classified Salaries Employee Benefits Books & Supplies Operation & Contracted Services Capital Outlay Other Outgo Direct Support/Indirect Costs Total Expenditures Other Sources/Uses Total General Fund Expenditures Net Increase/Decrease to Fund Balance 2010/11 Projection 2011/12 Projection Categorical Special Ed Combined Categorical Special Ed Combined $ - $ 6,197,702 $ 6,197,702 $ - $ 6,313,735 $ 6,313,735 $ 10,810,588 $ 5,185,521 $ 15,996,109 $ 8,114,252 $ 4,383,190 $ 12,497,442 $ 5,946,168 $ 80,042 $ 6,026,210 $ 6,038,099 $ 80,042 $ 6,118,141 $ 4,405,000 $ 2,836,468 $ 7,241,468 $ 4,405,000 $ 3,175,132 $ 7,580,132 $ 8,024,928 $ 15,311,960 $ 23,336,888 $ 7,955,604 $ 16,046,081 $ 24,001,685 $ 29,186,684 $ 29,611,693 $ 58,798,377 $ 26,512,955 $ 29,998,180 $ 56,511,135 $ 11,157,783 $ 12,479,668 $ 23,637,451 $ 7,258,882 $ 12,666,863 $ 19,925,745 $ 6,869,166 $ 4,268,224 $ 11,137,389 $ 7,006,549 $ 4,353,588 $ 11,360,137 $ 7,445,096 $ 7,916,623 $ 15,361,719 $ 6,201,948 $ 8,550,485 $ 14,752,433 $ 3,124,613 $ 84,672 $ 3,209,285 $ 2,786,527 $ 84,672 $ 2,871,199 $ 3,100,931 $ 2,995,942 $ 6,096,873 $ 2,861,135 $ 2,995,942 $ 5,857,077 $ 8,743 $ - $ 8,743 $ 8,743 $ - $ 8,743 $ - $ 40,000 $ 40,000 $ - $ 40,000 $ 40,000 $ 1,322,243 $ 1,826,565 $ 3,148,808 $ 876,625 $ 1,306,631 $ 2,183,256 $ 33,028,575 $ 29,611,693 $ 62,640,268 $ 27,000,409 $ 29,998,180 $ 56,998,589 $ - $ - $ - $ - $ - $ - $ 33,028,575 $ 29,611,693 $ 62,640,268 $ 27,000,409 $ 29,998,180 $ 56,998,589 $ (3,841,890) $ (0) $ (3,841,891) $ (487,454) $ (0) $ (487,454) BEGINNING BALANCE Net Change Audit Adjustment ENDING BALANCE Carry-overs NET ENDING BALANCE $ 4,590,220 $ - $ 4,590,220 $ 748,330 $ (0) $ 748,330 $ (3,841,890) $ (0) $ (3,841,891) $ (487,454) $ (0) $ (487,454) $ 748,330 $ (0) $ 748,329 $ 260,876 $ 0 $ 260,876 $ - $ - $ 748,330 $ (0) $ 748,329 $ 260,876 $ 0 $ 260,876 20

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