2015 16 BUDGET ADOPTION CHECKLIST DISTRICT: DATE RECEIVED: WORKING ROLL: DATE J# BUDGET/LCAP PUBLIC HEARING: Xsfr Detail BUDGET/LCAP ADOPTION DATE: REVIEWED: FA: MODEL: YEAR NUMBER APPROVED ROLL: DATE J# LETTER SENT: Xsfr 0 Accounts County Superintendent of Schools certification of District Budget: Approved Conditional Disapproved All budgets should contain the following: CB The Certification signed by the Clerk/Secretary of the Governing Board. CB 1 The expenditures necessary to implement LCAP annual update is checked off (X). CB 2 SB 858 Statement of Reasons for Excess Reserves is checked off (X). CC The Health & Welfare/Workers Comp Certification is completed and signed. A Attendance Detail CS Criteria & Standards Multi Year Projection Multi Year Projection Assumptions/Narrative Cash Flow NCMOE The TRC is free from any "F"atal errors and all "W"arning errors are properly explained. Budget Assumptions/Narrative: Provided t Provided The narrative addresses the 2015 16 May Revise. The narrative addresses LCAP, i.e., planned expenditures, MPP, etc. The narrative addresses the following issues: ACA Implementation LCAP SB 858 Excess Reserves LCFF Prop. 39 General Fund: What is the basis of the 2014 15 Estimated Actuals? as of Working Budget Revised - 2nd Interim Budget Model# Actuals -> actuals model# Pg 1 of 6
Revenue/ Sources The District has used the LCFF revenue estimate from: May Revise January Budget Unduplicated % used: 2014-15 P1 Certified Data Estimate % DOF SSC COLA % used: % LCFF gap funding %: DOF SSC % The District's MPP is: % Does the District's LCFF calculation matches the COE calculation? Enrollment/ADA projections (include COE's enrollment and ADA) 2014 15 P 2 ADA is: 4 year Average Retention %: Projections: Enrollment / ADA / Undup % 2015 16 / / 2016 17 / / 2017 18 / / 2018 19 #DIV/0! / #DIV/0! / #DIV/0! Rolling Average 2015 16 Budgeted ADA: Growth Flat Decline Is the District's estimated ADA reasonable? District's 2012 13 K 3 class size: Have alternate agreement for K 3 class sizes? If yes, describe: Is the grade span adjustment (GSA) calculation included? Discuss District's GSA if calculation is not provided Confirmed the budgeted revenue with the SELPA, e.g. RS 3310, RS 6500? Debt Issuance Does the District plan to issue non voter approved debt? If yes, note $. (COPs, mid or full year TRANs, BANs, etc.) Does the District plan to issue GO Bonds? If yes, note $. Pg 2 of 6
Salary/Benefit Expense What is the basis of the 2015 16 SALARIES/BENEFITS budget: QSS Position Control Adjusted 2014-15 Working Budget or Actuals Total Certificated Retiree FTE FTE left unfilled Are retirement incentive costs & savings budgeted in 2015 16? Are retirement costs & savings budgeted in the MYP? Describe golden handshakes budgeted, if any: STRS rate budgeted for 2015 16 PERS rate budgeted for 2015 16 10.73% 8.88% (2014-15) 11.847% 11.771% (2014-15) Collective Bargaining Update Certificated Are negotiations settled for 2015 16? Specify: How many instructional days are budgeted for 2015 16? Classified Are negotiations settled for 2015 16? Specify: Health Insurance Expense Certificated: Classified: What is/are the District health cap(s)? HC: $ HC: $ HC: $ HC=Hard cap SC=Soft Cap SC: $ SC: $ SC: $ Management: What is the budgeted rate per employee? $ $ $ For retired employees' health and welfare benefits, what is the budgeted pay as you go amount? Are you charging the "Pay as you go" amount across programs? What is the "Pay as you go" amount budgeted in the MYP? 2016 17 $ 2017 18 $ Is any part of the future liability funded in the MYP? Last actuarial study: Trust? Pg 3 of 6
Supplies, Services, Capital & Expenses What is the basis of the 2015 16 SUPPLIES/SERVICES budget: 0-base Budget Adjusted 14-15 Actuals Adjusted 14-15 Working Budget 14-15 2nd Interim Are one time expenses included? Special Ed: Did the District budget the 2015 16 Special Education bill back: SELPA Transportation Cost Program Excess Cost Allocation Did the District budget the 2015 16 LCFF District Referred MCOE transfer? Describe planned/necessary intra contributions: What is budgeted for RRM? 3% - Required Minimum Contribution % (Routine Restricted Maintenance RS 8150) Have multi year commitments been checked? Does the District have any large outstanding capital projects? Will any Capital Projects impact the GF? What are the facilities plans for 15 16? Is it in the LCAP? List specifics regarding contributions to other Funds: Are other Funds charged indirect costs? Any known litigation or contingent liabilities of the district? Potential impact on GF budgeted? $ Cash Flow (optional):? Did the District use the COE/CDE apportionment documents? Does the Ending Balance tie to the SACS General Fund EB? Does the District project negative cash in any month? Are the amounts in the accrual column reasonable? What months did the District project a cash deficit? Jul Aug Sep Oct v Dec Jan Feb Mar Apr May Jun Will the District have general fund cash flow problem? If yes, please explain: Multi Year Projection / Criteria & Standards: Pg 4 of 6
Does the District demonstrate deficit spending? If yes, deficit spending is: Describe: One-time Operational LCFF Assumptions used: 2016 17 2017 18 COLA used: % % LCFF gap funding used: % % Unduplicated %: % % What is budgeted for: Special Ed. Bill Back: Transportation & Excess Cost LCFF District Referred MCOE transfer? 2016 17 $ 2016 17 $ 2017 18 $ 2017 18 $ Does District continue to make 3% contribution to RRM for 2 subsequent years? Are any new retirement incentives budgeted in the multi year? If yes, elaborate: STRS rate budgeted for MYP: 2016 17 2017 18 PERS rate budgeted for MYP: 2016 17 2017 18 12.58% 14.43% 13.05% 16.6% Briefly describe the District's minimum fund balance policy (GASB 45): Req'd Min Only Is the reserve policy current/match the Statement of Reason for Excess Reserves? Does it match MCOE's spreadsheet? The District plans to utilize the following categories (select all necessary): Who is designated to assign balances? Assigned Committed The District's end of year projections are (from C&S): Fiscal Year Reserve $ Reserve % Proj. June 30th Cash Bal.: 2015 16 $ % $ 2016 17 $ % 2017 18 $ % Does the district meet the minimum reserve each year? Pg 5 of 6
Local Control Accountability Plan (LCAP) Did the District's governing board adopt an LCAP? Date LCAP was adopted: Confirmed the District has budgeted expenditures necessary to implement the LCAP? Are the 2016 17 and 2017 18 LCAP Actions/Services included in the MYP? Confirm the LCAP, Section 2 Annual Update for estimated actual expenses Are these expenses in the Estimated Actuals? List any other notes/observations regarding the District's LCAP: tes: Pg 6 of 6