Redmond School District FY Year-to-Date Actual versus Budget through April 30, 2017 General Fund - Revenues May 24, 2017 School Board Meeting

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1 FY Year-to-Date versus through April 30, 2017 General Fund - s Collected FY through April 30, 2016 % Collected Not Received % Not Received Beginning Fund Balance $ 6,245,900 $ 6,820, % s: Local Sources $ 21,057,700 $ 20,389,085 97% $ 668,615 3% Intergovernmental $ 86,700 $ 70,373 81% $ 16,327 19% State Sources $ 42,941,400 $ 38,487,843 90% $ 4,453,557 10% Federal Sources $ 91,300 $ 116, % Other Sources $ 687,200 $ 687, % $ 7 0% Total s $ 64,864,300 $ 59,751,388 92% $ 5,112,912 8% Total Resources $ 71,110,200 $ 66,571,518 94% $ 4,538,682 6% Collected FY through April 30, 2017 % Collected Not Received % Not Received Beginning Fund Balance $ 6,086,600 $ 6,831, % s: Local Sources $ 21,858,500 $ 21,625,042 99% $ 233,459 1% Intergovernmental $ 128,000 $ 117,290 92% $ 10,710 8% State Sources $ 43,230,500 $ 38,938,380 90% $ 4,292,120 10% Federal Sources $ 19,400 $ 20, % Other Sources $ 219,400 $ - 0% $ 219, % Total s $ 65,455,800 $ 60,701,099 93% $ 4,754,701 7% Total Resources $ 71,542,400 $ 67,532,493 94% $ 4,009,907 6%

2 FY Year-to-Date versus through April 30, 2017 General Fund - FY through April 30, 2016 % Expended Remaining Balance % Remaining by Object: Salaries $ 33,216,800 $ 22,750,492 68% $ 10,466,308 32% Associated Payroll Costs $ 17,915,800 $ 12,093,511 68% $ 5,822,289 32% Purchased Services $ 11,506,100 $ 9,379,539 82% $ 2,126,561 18% Supplies & Materials $ 3,794,900 $ 2,694,114 71% $ 1,100,786 29% Capital Outlay $ 36,800 $ 27,076 74% $ 9,724 26% Other Objects $ 827,600 $ 702,003 85% $ 125,597 15% Transfers $ 595,000 $ 595, % $ - 0% Contingency $ 3,217,200 $ - 0% $ 3,217, % Total $ 71,110,200 $ 48,241,736 68% $ 22,868,464 32% FY through April 30, 2017 % Expended Remaining Balance % Remaining by Object: Salaries $ 34,422,000 $ 23,615,603 69% $ 10,806,397 31% Associated Payroll Costs $ 18,457,800 $ 12,494,871 68% $ 5,962,929 32% Purchased Services $ 11,040,200 $ 9,417,373 85% $ 1,622,827 15% Supplies & Materials $ 2,746,400 $ 2,176,091 79% $ 570,309 21% Capital Outlay $ 122,600 $ 112,663 92% $ 9,937 8% Other Objects $ 804,800 $ 641,547 80% $ 163,253 20% Transfers $ 676,300 $ 676, % $ - 0% Contingency $ 3,272,300 $ - 0% $ 3,272, % Total $ 71,542,400 $ 49,134,448 69% $ 22,407,952 31%

3 Description Under (Over) % to General Fund Instruction $ 41,647,300 $ 29,182,279 $ 12,465, % Support Services $ 25,184,300 $ 18,675,489 $ 6,508, % Enterprise and Community Services $ 46,600 $ 27,093 $ 19, % Transfers $ 676,300 $ 676,300 $ % Debt Service $ 715,600 $ 573,287 $ 142, % Contingency $ 3,272,300 $ - $ 3,272,300 Total General Fund $ 71,542,400 $ 49,134,448 $ 22,407, % Debt Service Fund - G.O. Bonds General Obligation Bonds Debt Service $ 11,479,400 $ 1,240,222 $ 10,239, % Total Debt Service Fund - G.O. Bonds $ 11,479,400 $ 1,240,222 $ 10,239, % Capital Projects Fund Facilities Acquisition and Construction Services $ 392,300 $ - $ 392,300 Total Capital Projects Fund $ 392,300 $ - $ 392,300 Special Funds Nutrition Service Nutrition Services $ 2,721,400 $ 1,959,843 $ 761, % Contingency $ 319,100 $ - $ 319,100 Total Nutrition Service $ 3,040,500 $ 1,959,843 $ 1,080, % Asset Replacement Funds Redmond School District FY vs. YTD April 30, 2017 YTD April 30, 2017 Instruction $ 72,000 $ 71,934 $ % Support Services $ 713,000 $ 584,201 $ 128, % Facilities Acquisition and Construction Services $ 708,900 $ 700,081 $ 8, % Transfers $ - $ - $ - Contingency $ 430,200 $ - $ 430,200 Total Asset Replacement $ 1,924,100 $ 1,356,216 $ 567, % Grant Programs Instruction $ 3,632,500 $ 2,245,693 $ 1,386, % Support Services $ 773,900 $ 486,344 $ 287, % Community Services $ 61,000 $ 34,696 $ 26, % Transfers $ 1,000 $ - $ 1,000 Total Grant Programs $ 4,468,400 $ 2,766,733 $ 1,701, % Fee Supported Funds Instruction $ 1,635,800 $ 1,058,449 $ 577, % Support Services $ 266,200 $ 160,843 $ 105, % Enterprise Community Services $ 330,500 $ 208,305 $ 122, % Transfers $ 29,400 $ - $ 29,400 Contingency $ 661,700 $ - $ 661,700 Total Fee Supported Programs $ 2,923,600 $ 1,427,597 $ 1,496, % Page 1 of 2

4 Description Internal Service Funds Redmond School District FY vs. YTD April 30, 2017 YTD April 30, 2017 Under (Over) % to Insurance Reserve Support Services $ 1,324,800 $ 1,218,242 $ 106, % Contingency $ 482,200 $ - $ 482,200 Total Insurance Reserve $ 1,807,000 $ 1,218,242 $ 588, % PERS Pension Bonds Debt Service $ 2,691,900 $ 753,463 $ 1,938, % Contingency $ 265,500 $ - $ 265,500 Total PERS Pension Bonds $ 2,957,400 $ 753,463 $ 2,203, % Trust and Agency Fund Instruction $ 41,100 $ 6,486 $ 34, % Support Services $ 700 $ 600 $ % Community Services $ 15,300 $ 6,150 $ 9, % Contingency $ 67,300 $ - $ 67,300 Total Trust and Agency Funds $ 124,400 $ 13,237 $ 111, % TOTAL APPROPRIATIONS $ 100,659,500 $ 59,870,000 $ 40,789, % Plus: Unappropriated Balance * $ 1,973,200 $ - $ 1,973,200 TOTAL ALL FUNDS $ 102,632,700 $ 59,870,000 $ 42,762, % TOTAL ALL FUNDS LESS CONTINGENCY AND UNAPPROPRIATED BALANCE $ 95,161,200 $ 59,870,000 $ 35,291, % * Unappropriated ending fund balance is a reserve from which no expenditures can be made except in an emergency situation created by civil disturbance or natural disaster. UNAPPROPRIATED BALANCE PERS Pension Bond Fund Reserve $ 1,927,800 Hoy Fultz Scholarship $ 20,200 Dr Jones Scholarship $ 25,200 TOTAL UNAPPROPRIATED BALANCE $ 1,973,200 Page 2 of 2

5 Statement of s and FY Projection as of May 19, 2017 General Fund - Operations Adopted Projection - s: Working May 19, 2017 FY Favorable / (Unfavorable) Variance Prior Projection Variance Formula : Tax $ 20,923,000 $ 21,434,200 $ 511, % $ 32, % Federal Forest Fees $ - $ - $ - $ - Common School Fund $ 873,300 $ 859,600 $ (13,700) -1.6% $ - County School Fund $ 128,000 $ 117,300 $ (10,700) -8.4% $ - State School Fund $ 42,347,200 $ 42,075,900 $ (271,300) -0.6% $ (91,600) -0.2% Total Formula $ 64,271,500 $ 64,487,000 $ 215, % $ (59,000) -0.1% Earnings on Investments $ 120,000 $ 196,100 $ 76, % $ - Local Sources - Other $ 1,064,300 $ 1,060,200 $ (4,100) -0.4% $ 19, % Total s $ 65,455,800 $ 65,743,300 $ 287, % $ (39,100) -0.1% : Salaries, Payroll Costs and Benefits: Salaries: Certified $ 21,013,400 $ 20,426,300 $ 587, % $ 45, % Classified $ 8,142,200 $ 7,946,000 $ 196, % $ 36, % Administrators and supervisors $ 3,852,000 $ 3,793,300 $ 58, % $ (15,300) -0.4% All other salaries $ 1,414,400 $ 1,406,300 $ 8, % $ (12,500) -0.9% Total Salaries $ 34,422,000 $ 33,571,900 $ 850, % $ 54, % Payroll Costs and Benefits: PERS $ 7,248,200 $ 6,860,200 $ 388, % $ 54, % Medical Insurance $ 8,263,500 $ 7,955,900 $ 307, % $ 7, % Payroll Taxes $ 2,892,900 $ 2,843,900 $ 49, % $ (9,100) -0.3% Other PR Costs & Benefits $ 53,200 $ 53,200 $ - $ 4, % Total Payroll Costs and Benefits $ 18,457,800 $ 17,713,200 $ 744, % $ 56, % Total Salaries, Payroll Costs and Benefits $ 52,879,800 $ 51,285,100 $ 1,594, % $ 111, % Purchased Services $ 11,040,200 $ 11,089,500 $ (49,300) -0.4% $ 45, % Consumable Supplies and Materials $ 2,746,300 $ 2,646,500 $ 99, % $ - Capital Outlay $ 122,600 $ 112,700 $ 9, % $ (1,000) Other Objects $ 804,800 $ 730,200 $ 74, % $ - Transfers $ 676,300 $ 676,300 $ - $ - Total Non-Salary & APC $ 15,390,200 $ 15,255,200 $ 135, % $ 44, % Total $ 68,270,000 $ 66,540,300 $ 1,729, % $ 155, % Beginning Fund Balance $ 6,086,600 $ 6,831,400 $ 744, % $ - Net Operating Surplus / (Deficit) $ (2,814,200) $ (797,000) $ 2,017, % $ 116, % Projected Ending Fund Balance $ 3,272,400 $ 6,034,400 $ 2,762, % $ 116, % Ending Fund Balance as a % of 5.0% 9.2% Prepared May 19, 2017