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California Community Colleges ANNUAL FINANCIAL AND BUDGET REPORT (Financial Report for Fiscal Year 2010-2011) (Budget Report for Fiscal Year 2011-2012) District: MERCED District Code: 530 This is to certify that the has been prepared and the budget adopted in accordance with the California Code of Regulations, beginning with Section 58300. Further, to the best of my knowledge, the data contained in this report are correct. District Chief Business Officer Date District Superintendent Date Contact: Mazie Brewington (209) 384-6108 In accordance with the California Code of Regulations, Section 58305(d) a copy of this report is due to the Chancellor's Office on or before October 10, 2011. Please submit the report to : Chancellor's Office California Community Colleges Fiscal Services Unit 1102 Q Street, Suite 300 Sacramento, CA 95814-6511 Page 1

SUPPLEMENTAL DATA Analysis of compliance with the 50 Percent Law (ECS 84362) The Current Expense of Education S11 GENERAL FUND - UNRESTRICTED SUBFUND For Actual Year: 2010-2011 Budget Year: 2011-2012 District ID: 530 Name: MERCED Activity (ECSA) Activity (ECSB) Activity (ECSX) ECS 84362 A ECS 84362 B Excluded Object Instructional Salary Cost Total CEE Activities Academic Salaries Code AC 0100-5900 & AC 6110 AC 0100-6799 AC 6800-7390 Total Instructional Salaries Contract or Regular 1100 10,871,326 10,871,326 10,871,326 Other 1300 4,935,603 4,935,603 4,935,603 Total Instructional Salaries 15,806,929 15,806,929 0 15,806,929 Non-Instructional Salaries Contract or Regular 1200 4,301,293 62,204 4,363,497 Other 1400 240,591 47,194 287,785 Total Non-Instructional Salaries 0 4,541,884 109,398 4,651,282 Total Academic Salaries 15,806,929 20,348,813 109,398 20,458,211 Classified Salaries Non-Instructional Salaries Regular Status 2100 6,862,677 221,276 7,083,953 Other 2300 676,743 194,748 871,491 Total Non-Instructional Salaries 0 7,539,420 416,024 7,955,444 Instructional Aides Regular Status 2200 924,799 924,799 924,799 Other 2400 285,600 285,600 285,600 Total Instructional Aides 1,210,399 1,210,399 0 1,210,399 Total Classified Salaries 1,210,399 8,749,819 416,024 9,165,843 Employee Benefits 3000 6,374,871 13,155,123 148,018 13,303,141 Supplies and Materials 4000 594,789 43,299 638,088 Other Operating Expenses 5000 102,716 5,200,016 325,247 5,525,263 Equipment Replacement 6420 0 Total Expenditures Prior to Exclusions 23,494,915 48,048,560 1,041,986 49,090,546 Page 2

SUPPLEMENTAL DATA Analysis of compliance with the 50 Percent Law (ECS 84362) The Current Expense of Education S11 GENERAL FUND - UNRESTRICTED SUBFUND For Actual Year: 2010-2011 Budget Year: 2011-2012 District ID: 530 Name: MERCED Activity (ECSA) Activity (ECSB) Activity (ECSX) ECS 84362 A ECS 84362 B Excluded Instructional Salary Cost Total CEE Activities Exclusions AC 0100-5900 & AC 6110 AC 0100-6799 AC 6800-7390 Total Activities to Exclude TOP Code Instructional Staff Retirees Benefits and Retirement Incentives 5900 1,537,567 1,537,567 1,537,567 Student Health Services Above Amount Collected 6441 0 Student Transportation 6491 0 Noninstructional Staff-Retirees Benefits and Retirement Incentives 6740 1,706,312 1,706,312 Objects to Exclude Object Code Rents and Leases 5060 27,887 27,887 Lottery Expenditures Academic Salaries 1000 0 Classified Salaries 2000 0 Employee Benefits 3000 0 Supplies and Materials 4000 Software 4100 0 Books, Magazines, & Periodicals 4200 671 671 Instructional Supplies & Materials 4300 52,414 52,414 Noninstructional, Supplies & Materials 4400 85,536 85,536 Total Supplies and Materials 0 138,621 0 138,621 Other Operating Expenses and Services 5000 909,699 909,699 Page 3

SUPPLEMENTAL DATA Analysis of compliance with the 50 Percent Law (ECS 84362) The Current Expense of Education S11 GENERAL FUND - UNRESTRICTED SUBFUND For Actual Year: 2010-2011 Budget Year: 2011-2012 District ID: 530 Name: MERCED Activity (ECSA) Activity (ECSB) Activity (ECSX) ECS 84362 A ECS 84362 B Excluded Object Instructional Salary Cost Total CEE Activities Code AC 0100-5900 & AC 6110 AC 0100-6799 AC 6800-7390 Total Capital Outlay 6000 Library Books 6300 36,519 36,519 Equipment 6400 Equipment - Additional 6410 0 Equipment - Replacement 6420 116,318 116,318 Total Equipment 0 116,318 0 116,318 Total Capital Outlay 0 152,837 0 152,837 Other Outgo 7000 0 Total Exclusions 1,537,567 4,472,923 0 4,472,923 Total for ECS 84362, 50% Law 21,957,348 43,575,637 1,041,986 44,617,623 Percent of CEE (Instructional Salary Cost / Total CEE) 50.39% 100.00% 50% of Current Expense of Education 21,787,818 Nonexempted (Remaining) Deficiency from second preceeding Fiscal Year Amount Required to be Expended for Salaries of Classroom 21,957,348 43,575,637 1,041,986 44,617,623 Instructors Reconciliation to Unrestricted General Fund Expenditures Total Expenditures Prior to Exclusions 23,494,915 48,048,560 1,041,986 49,090,546 Capital Expenditures 6000 244,239 897,529 11,771 909,300 Equipment Replacement (Back out) 6420 0 0 0 Total Unrestricted General Fund Expenditures 23,739,154 48,946,089 1,053,757 49,999,846 Page 4

Governmental Funds Group COMBINED BALANCE SHEET 10 General Fund Combined (Total Unrestricted and Restricted) For Year Ended June 30, 2011 District ID: 530 Name: MERCED 11 12 10 CA General Fund General Fund General Fund Description (Object) Unrestricted Restricted COMBINED ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 116,801 14,227 131,028 In County Treasury 9112 3,673,573 2,021,003 5,694,576 Cash With Fiscal Agents 9113 0 Revolving Cash Accounts 9114 11,900 11,900 Investments (at cost) 9120 0 Accounts Receivable 9130 13,503,589 1,141,203 14,644,792 Due from Other Funds 9140 215,181 215,181 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 0 Prepaid Items 9220 131,495 7,786 139,281 TOTAL ASSETS 17,437,358 3,399,400 20,836,758 LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 600,187 280,434 880,621 Accrued Salaries and Wages Payable 9520 387,741 387,741 Compensated Absences Payable Current 9530 481,285 481,285 Due to Other Funds 9540 302,525 302,525 Temporary Loans 9550 2,364,940 2,364,940 Current Portion of Long-Term Debt 9560 0 Deferred Revenues 9570 2,340,701 1,137,466 3,478,167 TOTAL LIABILITIES 6,477,379 1,417,900 7,895,279 Page 5

Governmental Funds Group COMBINED BALANCE SHEET 10 General Fund Combined (Total Unrestricted and Restricted) For Year Ended June 30, 2011 District ID: 530 Name: MERCED 11 12 10 CA General Fund General Fund General Fund Description (Object) Unrestricted Restricted COMBINED FUND EQUITY Fund Balance Reserved 9710 0 NonCash Assets 9711 2,821,944 2,821,944 Amonts Restricted by Law for Specific Purposes 9712 1,728,858 1,728,858 Reserve for Encumbrances Credit 9713 0 Reserve for Encumbrances Debit 9714 0 Reserve for Debt Services 9715 0 Total Reserved Fund Balance 2,821,944 1,728,858 4,550,802 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 127,933 127,933 Self Insurance Programs 9752 0 Payments Resulting from Court Orders 9753 0 Specific Future Purposes 9754 3,383,746 3,383,746 Total Designated Fund Balance 3,511,679 0 3,511,679 Uncommitted(Unrestricted) Fund Balance 9790 4,626,356 252,642 4,878,998 TOTAL FUND EQUITY 10,959,979 1,981,500 12,941,479 TOTAL LIABILITIES AND FUND EQUITY 17,437,358 3,399,400 20,836,758 Page 6

Governmental Funds Group 20 Debt Service Funds: 21 Bond Interest and Redemption Fund 22 Revenue Bond Interest and Redemption Fund COMBINED BALANCE SHEET 29 Other Debt Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 21 22 29 Bond Interest Revenue Bond CA and Interest and Other Debt Description (Object) Redemption Fund Redemption Fund Service Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 In County Treasury 9112 2,284,310 Cash With Fiscal Agents 9113 Investments (at cost) 9120 Accounts Receivable 9130 24,360 Due from Other Funds 9140 TOTAL ASSETS 2,308,670 0 0 LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 923,447 Deferred Revenues 9570 TOTAL LIABILITIES 923,447 0 0 Page 7

Governmental Funds Group 20 Debt Service Funds: 21 Bond Interest and Redemption Fund 22 Revenue Bond Interest and Redemption Fund COMBINED BALANCE SHEET 29 Other Debt Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 21 22 29 Bond Interest Revenue Bond CA and Interest and Other Debt Description (Object) Redemption Fund Redemption Fund Service Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes 9712 1,385,223 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 1,385,223 0 0 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance 0 0 0 Uncommitted(Unrestricted) Fund Balance 9790 TOTAL FUND EQUITY 1,385,223 0 0 TOTAL LIABILITIES AND FUND EQUITY 2,308,670 0 0 Page 8

Governmental Funds Group 30 Special Revenue Funds: 31 Bookstore Fund 34 Farm Operation Fund 32 Cafeteria Fund 35 Revenue Bond Project Fund COMBINED BALANCE SHEET 33 Child Development Fund 39 Other Special Revenue Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 31 32 33 34 35 39 CA Child Farm Operation Revenue Bond Other Special Development Description (Object) Bookstore Fund Cafeteria Fund Fund Fund Project Fund Revenue Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 In County Treasury 9112 172,745 20,997 Cash With Fiscal Agents 9113 Revolving Cash Accounts 9114 Investments (at cost) 9120 Accounts Receivable 9130 98,147 10,239 Due from Other Funds 9140 985 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 Prepaid Items 9220 110 TOTAL ASSETS 0 0 270,892 32,331 0 0 LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 7,717 5,902 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 9,957 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 250,896 TOTAL LIABILITIES 0 0 268,570 5,902 0 0 Page 9

Governmental Funds Group 30 Special Revenue Funds: 31 Bookstore Fund 34 Farm Operation Fund 32 Cafeteria Fund 35 Revenue Bond Project Fund COMBINED BALANCE SHEET 33 Child Development Fund 39 Other Special Revenue Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 31 32 33 34 35 39 CA Child Farm Operation Revenue Bond Other Special Development Description (Object) Bookstore Fund Cafeteria Fund Fund Fund Project Fund Revenue Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes 9712 2,322 26,429 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 0 0 2,322 26,429 0 0 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance 0 0 0 0 0 0 Uncommitted(Unrestricted) Fund Balance 9790 TOTAL FUND EQUITY 0 0 2,322 26,429 0 0 TOTAL LIABILITIES AND FUND EQUITY 0 0 270,892 32,331 0 0 Page 10

Governmental Funds Group 40 Capital Projects Funds: 41 Capital Outlay Projects Fund COMBINED BALANCE SHEET 42 Revenue Bond Construction Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 41 42 CA Capital Outlay Revenue Bond Description (Object) Projects Fund Construction Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 21,196 In County Treasury 9112 1,267,058 3,185,829 Cash With Fiscal Agents 9113 6,276,004 Revolving Cash Accounts 9114 Investments (at cost) 9120 Accounts Receivable 9130 40,382 Due from Other Funds 9140 1,300,563 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 Prepaid Items 9220 TOTAL ASSETS 2,629,199 9,461,833 LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 24,517 2,056 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 TOTAL LIABILITIES 24,517 2,056 Page 11

Governmental Funds Group 40 Capital Projects Funds: 41 Capital Outlay Projects Fund COMBINED BALANCE SHEET 42 Revenue Bond Construction Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 41 42 CA Capital Outlay Revenue Bond Description (Object) Projects Fund Construction Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes 9712 2,604,682 9,459,777 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 2,604,682 9,459,777 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance 0 0 Uncommitted(Unrestricted) Fund Balance 9790 TOTAL FUND EQUITY 2,604,682 9,459,777 TOTAL LIABILITIES AND FUND EQUITY 2,629,199 9,461,833 Page 12

Proprietary Funds Group 50 Enterprise Funds: 51 Bookstore Fund 53 Farm Operations Fund COMBINED BALANCE SHEET 52 Cafeteria Fund 59 Other Enterprise Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 51 52 53 59 Farm Other CA Bookstore Cafeteria Operations Enterprise Description (Object) Fund Fund Fund Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 6,805 In County Treasury 9112 Cash With Fiscal Agents 9113 Revolving Cash Accounts 9114 12,853 Investments (at cost) 9120 Accounts Receivable 9130 31,306 Due from Other Funds 9140 16,808 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 842,812 Prepaid Items 9220 Fixed Assets 9300 Sites 9310 Site Improvements 9320 Accumulated Depreciation Site Improvements 9321 Buildings 9330 Accumulated Depreciation Buildings 9331 Library Books 9340 Equipment 9350 94,358 Accumulated Depreciation Equipment 9351 41,234 Work in Progress 9360 Total Fixed Assets 53,124 0 0 0 TOTAL ASSETS 963,708 0 0 0 Page 13

Proprietary Funds Group 50 Enterprise Funds: 51 Bookstore Fund 53 Farm Operations Fund COMBINED BALANCE SHEET 52 Cafeteria Fund 59 Other Enterprise Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 51 52 53 59 Farm Other CA Bookstore Cafeteria Operations Enterprise Description (Object) Fund Fund Fund Fund LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 (117,469) Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 480,531 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 Total Current Liabilities and Deferred Revenue 363,062 0 0 0 Long-Term Liabilities 9600 Bonds Payable 9610 Revenue Bonds Payable 9620 Certificates of Participation 9630 Lease Purchase of Capital Lease 9640 Compensated Absences Long Term 9650 Post-Employment Benefits Long Term 9660 Other Long-Term Liabilities 9670 Total Long-Term Liabilities 0 0 0 0 TOTAL LIABILITIES 968 363,062 0 0 0 Page 14

Proprietary Funds Group 50 Enterprise Funds: 51 Bookstore Fund 53 Farm Operations Fund COMBINED BALANCE SHEET 52 Cafeteria Fund 59 Other Enterprise Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED 51 52 53 59 Farm Other CA Bookstore Cafeteria Operations Enterprise Description (Object) Fund Fund Fund Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes 9712 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 0 0 0 0 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance 0 0 0 0 Uncommitted(Unrestricted) Fund Balance 9790 600,646 Other Equity 9800 Contributed Capital 9810 Retained Earnings 9850 Investment in General Fixed Assets 9890 TOTAL FUND EQUITY 600,646 0 0 0 TOTAL LIABILITIES AND FUND EQUITY 963,708 0 0 0 Page 15

Proprietary Funds Group 60 Internal Service Funds: 61 Self-Insurance Fund COMBINED BALANCE SHEET 69 Other Internal Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA 61 69 Other Internal Service Description (Object) Self-Insurance Fund Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 In County Treasury 9112 4,575,332 Cash With Fiscal Agents 9113 Revolving Cash Accounts 9114 Investments (at cost) 9120 Accounts Receivable 9130 Due from Other Funds 9140 450,349 Student Loans Receivable 9150 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 Prepaid Items 9220 Fixed Assets 9300 Sites 9310 Site Improvements 9320 Accumulated Depreciation Site Improvements 9321 Buildings 9330 Accumulated Depreciation Buildings 9331 Library Books 9340 Equipment 9350 Accumulated Depreciation Equipment 9351 Work in Progress 9360 Total Fixed Assets 0 0 TOTAL ASSETS 5,025,681 0 Page 16

Proprietary Funds Group 60 Internal Service Funds: 61 Self-Insurance Fund COMBINED BALANCE SHEET 69 Other Internal Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA 61 69 Other Internal Service Description (Object) Self-Insurance Fund Fund LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 Total Current Liabilities and Deferred Revenue 0 0 Long-Term Liabilities 9600 Bonds Payable 9610 Revenue Bonds Payable 9620 Certificates of Participation 9630 Lease Purchase of Capital Lease 9640 Compensated Absences Long Term 9650 Post-Employment Benefits Long Term 9660 Other Long-Term Liabilities 9670 Total Long-Term Liabilities 0 0 TOTAL LIABILITIES 968 0 0 Page 17

Proprietary Funds Group 60 Internal Service Funds: 61 Self-Insurance Fund COMBINED BALANCE SHEET 69 Other Internal Service Fund For Year Ended June 30, 2011 District ID: 530 Name: MERCED CA 61 69 Other Internal Service Description (Object) Self-Insurance Fund Fund FUND EQUITY Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes 9712 5,025,681 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 5,025,681 0 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance 0 0 Uncommitted(Unrestricted) Fund Balance 9790 Other Equity 9800 Contributed Capital 9810 Retained Earnings 9850 Investment in General Fixed Assets 9890 TOTAL FUND EQUITY 5,025,681 0 TOTAL LIABILITIES AND FUND EQUITY 5,025,681 0 Page 18

Fiduciary Funds Group 70 Trust Funds COMBINED BALANCE SHEET For Year Ended June 30, 2011 District ID: 530 Name: MERCED 71 72 73 74 75 76 77 79 Associated Student Student Body Student Scholarship Deferred CA Students Representation Center Fee Financial Aid and Loan Investment Compensation Other Description (Object) Trust Fund Fee Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund ASSETS Cash, Investments, and Receivables 9100 Cash: Awaiting Deposit and in Banks 9111 222 279,214 569,728 1,452,555 In County Treasury 9112 177,201 Cash With Fiscal Agents 9113 15,341 169,431 Revolving Cash Accounts 9114 Investments (at cost) 9120 1,929,916 300,000 Accounts Receivable 9130 1,019,519 2,758 1,000,000 Due from Other Funds 9140 1,480 4,163 35,673 Student Loans Receivable 9150 Inventories, Stores, and Prepaid Items 9200 Inventories and Stores 9210 Prepaid Items 9220 Fixed Assets 9300 Sites 9310 Site Improvements 9320 Accumulated Depreciation Site Improvements 9321 Buildings 9330 Accumulated Depreciation Buildings 9331 Library Books 9340 Equipment 9350 Accumulated Depreciation Equipment 9351 Work in Progress 9360 Total Fixed Assets 0 0 0 0 0 0 0 0 TOTAL ASSETS 178,903 0 0 1,298,733 2,521,906 0 0 2,957,659 Page 19

Fiduciary Funds Group 70 Trust Funds COMBINED BALANCE SHEET For Year Ended June 30, 2011 District ID: 530 Name: MERCED 71 72 73 74 75 76 77 79 Associated Student Student Body Student Scholarship Deferred CA Students Representation Center Fee Financial Aid and Loan Investment Compensation Other Description (Object) Trust Fund Fee Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund LIABILITIES Current Liabilities and Deferred Revenue 9500 Accounts Payable 9510 1,853 133,950 5,461 Accrued Salaries and Wages Payable 9520 Compensated Absences Payable Current 9530 Due to Other Funds 9540 1,164,783 15,190 10,761 Temporary Loans 9550 Current Portion of Long-Term Debt 9560 Deferred Revenues 9570 Total Current Liabilities and Deferred Revenue 1,853 0 0 1,298,733 15,190 0 0 16,222 Long-Term Liabilities 9600 Bonds Payable 9610 Revenue Bonds Payable 9620 Certificates of Participation 9630 Lease Purchase of Capital Lease 9640 Compensated Absences Long Term 9650 Post-Employment Benefits Long Term 9660 Other Long-Term Liabilities 9670 Total Long-Term Liabilities 0 0 0 0 0 0 0 0 TOTAL LIABILITIES 968 1,853 0 0 1,298,733 15,190 0 0 16,222 Page 20

Fiduciary Funds Group 70 Trust Funds COMBINED BALANCE SHEET For Year Ended June 30, 2011 District ID: 530 Name: MERCED FUND EQUITY 71 72 73 74 75 76 77 79 Associated Student Student Body Student Scholarship Deferred CA Students Representation Center Fee Financial Aid and Loan Investment Compensation Other Description (Object) Trust Fund Fee Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Trust Fund Fund Balance Reserved 9710 NonCash Assets 9711 Amonts Restricted by Law for Specific Purposes 9712 177,050 2,506,716 2,863,069 Reserve for Encumbrances Credit 9713 Reserve for Encumbrances Debit 9714 Reserve for Debt Services 9715 Total Reserved Fund Balance 177,050 0 0 0 2,506,716 0 0 2,863,069 Designated Fund Balance 9750 Commitments by Contract or Other Legal Obligation 9751 Self Insurance Programs 9752 Payments Resulting from Court Orders 9753 Specific Future Purposes 9754 Total Designated Fund Balance 0 0 0 0 0 0 0 0 Uncommitted(Unrestricted) Fund Balance 9790 78,368 Other Equity 9800 Contributed Capital 9810 Retained Earnings 9850 Investment in General Fixed Assets 9890 TOTAL FUND EQUITY 177,050 0 0 0 2,506,716 0 0 2,941,437 TOTAL LIABILITIES AND FUND EQUITY 178,903 0 0 1,298,733 2,521,906 0 0 2,957,659 Page 21

Details of General Fund Revenue SUPPLEMENTAL DATA For Actual Year: 2010-2011 District ID: 530 Name: MERCED Fund S11 Fund S12 Fund S10 Total Object Unrestricted Restricted General Fund Description Code Actual Actual Actual Federal Revenues 8100 Forest Revenues 8110 0 Higher Education Act 8120 824,687 824,687 Workforce Investment Act 8130 301,502 301,502 Temporary Assistance for Needy Families (TANF) 8140 132,889 132,889 Student Financial Aid 8150 37,105 37,105 Veterans Education 8160 1,958 1,958 Vocational and Technical Education Act (VATEA) 8170 546,329 546,329 Other Federal Revenues 8190 42,139 53,504 95,643 Total Federal Revnues 8100 81,202 1,858,911 1,940,113 State Revenues 8600 General Apportionments 8610 0 Apprenticeship Apportionment 8611 0 State General Apportionment 8612 39,852,095 39,852,095 Other General Apportionment 8613 327,275 327,275 General Categorical Programs 8620 Child Development 8621 0 Extended Opportunity Programs and Services(EOPS) 8622 1,064,107 1,064,107 Disabled Students Programs and Services(DSPS) 8623 539,917 539,917 Temporary Assistance for Needy Families (TANF) 8624 0 California Work Opportunity and Responsibility to Kids (CalWORKs) 8625 361,500 361,500 Telecommunications and Technology Infrasturcture Program (TTIP) 8626 0 Other General Categorical Programs 8627 1,342,896 1,342,896 Page 22

Details of General Fund Revenue SUPPLEMENTAL DATA For Actual Year: 2010-2011 District ID: 530 Name: MERCED Fund S11 Fund S12 Fund S10 Total Object Unrestricted Restricted General Fund Description Code Actual Actual Actual Reimburseable Categorical Programs 8650 Instructional Inprovement Grant 8651 0 Other Reimburseable Categorical Programs 8652 722,486 722,486 State Tax Subventions 8670 Homeowners' Property Tax Refief 8671 137,622 137,622 Timber Yield Tax 8672 0 Other State Tax Subventions 8673 3,140 3,140 State Non-Tax Revenues 8680 State Lottery Proceeds 8681 1,201,157 202,900 1,404,057 State Mandated Costs 8685 186,121 186,121 Other State Non-Tax Revnues 8686 0 Other State Revenues 8690 0 Total State Revenues 8600 41,707,410 4,233,806 45,941,216 Page 23

Details of General Fund Revenue SUPPLEMENTAL DATA For Actual Year: 2010-2011 District ID: 530 Name: MERCED Fund S11 Fund S12 Fund S10 Total Object Unrestricted Restricted General Fund Description Code Actual Actual Actual Local Revenues 8800 Property Taxes 8810 Tax Allocation, Secured Roll 8811 7,637,310 7,637,310 Tax Allocation, Supplemental Roll 8812 43,789 43,789 Tax Allocation, Unsecured Roll 8813 518,092 518,092 Prior Years Taxes 8816 44,756 44,756 Education Revenues Augmentation Fund (ERAF) 8817 (699,269) (699,269) Redevelopment Agency Funds 8818 19,579 19,579 Contributions, Gifts, Grants, and Endowments 8820 0 Contract Services 8830 Contract Instructional Services 8831 27,643 27,643 Other Contranct Services 8832 0 Sales and Commissions 8840 47,814 47,814 Rentals and Leases 8850 25,533 25,533 Interest and Investment Income 8860 128,083 2,925 131,008 Student Fees and Charges 8870 Community Services Classes 8872 233,646 233,646 Dormitory 8873 0 Enrollment 8874 1,621,794 1,621,794 Field Trips and Use of Nondistrict Facilities 8875 0 Health Services 8876 1,479 422,236 423,715 Instructional Materials Fees and Sales of Materials 8877 0 Insurance 8878 0 Student Records 8879 46,410 46,410 Nonresident Tuition 8880 852,092 852,092 Parking Services and Public Transportation 8881 410,988 410,988 Other Student Fees and Charges 8885 73,754 73,754 Other Local Revenues 8890 714,345 367,579 1,081,924 Total Local Revenues 8800 11,309,207 1,231,371 12,540,578 Total Revenues 53,097,819 7,324,088 60,421,907 Page 24

Details of General Fund Revenue SUPPLEMENTAL DATA For Actual Year: 2010-2011 District ID: 530 Name: MERCED Fund S11 Fund S12 Fund S10 Total Object Unrestricted Restricted General Fund Description Code Actual Actual Actual Other Financing Sources 8900 Proceeds of General Fixed Assets 8910 5,845 5,845 Proceeds of Long-Term Debt 8940 0 Incoming Transfers -- (8981/8982/8983) 898# 203,141 2,163,097 2,366,238 Total Other Financing Sources 8900 208,986 2,163,097 2,372,083 Total Revenues and Other Financing Sources 53,306,805 9,487,185 62,793,990 Page 25

SUPPLEMENTAL DATA Expend by Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: 2010-2011 Budget Year: 2011-2012 District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional (4000-5000) (6000) (7000) Agriculture and Natual Resources 0100 738,393 2,947 80,181 120,076 941,597 Architecture and Environmental Design 0200 0 Environmental Sciences and Technologies 0300 59,165 59,165 Biological Sciences 0400 1,469,366 3,027 76,985 63,987 1,613,365 Business and Management 0500 765,166 29,357 49,739 2,732 846,994 Communications 0600 13,658 13,658 Computer and Information Science 0700 889,400 17,515 2,332 909,247 Education 0800 1,511,599 39,422 8,430 24,392 1,583,843 Engineering and Related Industrial Technology 0900 1,299,691 23,859 114,598 423,362 1,861,510 Fine and Applied Arts 1000 1,409,780 2,194 25,508 34,437 1,471,919 Foreign language 1100 485,330 815 540 486,685 Health 1200 1,856,078 234,734 137,138 51,332 2,279,282 Consumer Education And Home Economics 1300 646,465 54,632 34,260 24,426 759,783 Law 1400 11,670 11,670 Humanities(Letters) 1500 4,069,456 92,927 13,081 642 4,176,106 Library Science 1600 18,211 18,211 Mathematics 1700 2,391,877 6,452 1,235 2,399,564 Military Studies 1800 0 Physical Sciences 1900 1,041,950 6,600 24,020 24,694 1,097,264 Psychology 2000 430,877 315 431,192 Public Affairs and Services 2100 464,693 99,696 29,400 1,941 595,730 Social Sciences 2200 1,328,818 11,959 1,340,777 Commercial Services 3000 0 Interdisciplinary Studies 4900 1,015,780 81,385 198,274 9,948 1,305,387 Instruc Staff-Retirees' Bnfts & Retire Incents 5900 1,537,567 1,537,567 Sub-Total Instructional Activites 23,454,990 671,595 828,395 785,536 25,740,516 Total Expenditures for GF Activities* 23,568,486 24,955,994 7,346,985 1,709,928 4,280,708 61,862,101 *Total Expenditures for GF Activities above is the grand total of Instructional and Non-Instructional activities. Page 26

SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: 2010-2011 Budget Year: 2011-2012 District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional (4000-5000) (6000) (7000) Instructional Administration and Governance 6000 Academic Administration 6010 2,985,699 98,440 41,120 3,125,259 Course and Curriculum Development 6020 175,669 175,669 Academic / Faculty Senate 6030 76,703 7,079 83,782 Other Instructional Administration & Governance 6090 119,649 44,305 163,954 Total Instructional Admin. & Governance 0 3,357,720 149,824 41,120 0 3,548,664 Instructional Support Services 6100 Learning Center 6110 403,044 3,171 84,081 490,296 Library 6120 1,294,103 135,620 143,763 1,573,486 Media 6130 482,665 35,365 71,815 589,845 Museums and Gallaries 6140 0 Academic Information Systems and Technology 6150 233,202 2,891 315 236,408 Other Instructional Support Services 6190 0 Total Instructional Support Services 0 2,413,014 177,047 299,974 0 2,890,035 Admissions and Records 6200 545,708 45,437 3,899 595,044 Student Counseling and Guidance 6300 Counseling and Guidance 6310 2,875,077 15,038 26,926 2,917,041 Matriculation and Student Assessment 6320 51,571 1,333 52,904 Transfer Programs 6330 97,741 2,584 100,325 Career Guidance 6340 18,387 14,556 215 33,158 Other Student Counseling and Guidance 6390 48,762 9 48,771 Total Student Couseling and Guidance 0 3,091,538 33,520 27,141 0 3,152,199 Page 27

SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: 2010-2011 Budget Year: 2011-2012 District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional (4000-5000) (6000) (7000) Other Student Services 6400 Cal Work Opportunity and Responsibility to Kids * 6410 0 Disabled Student Programs and Services (DSPS) 6420 472,504 46,911 519,415 Extended Opportunity Programs and Services (EOPS) 6430 439,849 25,157 2,319 467,325 Health Services 6440 114,374 60,944 346 175,664 Student Personnel Administration 6450 610,177 17,249 401 627,827 Financial Aid Administration 6460 898,046 37,867 6,315 942,228 Job Placement Services 6470 17,071 17,071 Veterans Services 6480 0 Miscellaneous Student Services 6490 1,417,819 381,070 31,923 1,830,812 Total Other Student Services 0 3,969,840 569,198 41,304 0 4,580,342 Operation and maintenance of Plant 6500 Building Maintenance and Repairs 6510 1,075,508 372,918 48,581 1,497,007 Custodial Services 6530 1,219,765 145,879 39,531 1,405,175 Grounds Maintenance and Repairs 6550 640,466 113,797 18,736 772,999 Utilities 6570 1,647,688 1,647,688 Other Operations and Maintenance of Plant 6590 0 Total Operation and Maintenance of Plant 6500 0 2,935,739 2,280,282 106,848 0 5,322,869 Planning, Policymaking and Coordinations 6600 1,524,934 662,379 130,317 2,317,630 * California Work Opportunity and Responsibility to Kids (CalWORKs). Page 28

SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: 2010-2011 Budget Year: 2011-2012 District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional (4000-5000) (6000) (7000) General Institutional Support Services 6700 Community Relations 6710 183,760 31,823 215,583 Fiscal Operations 6720 963,002 819,470 1,244 1,783,716 Human Resourses Management 6730 259,423 51,307 995 311,725 Noninstruct Staff Retirees' Benefits & Retirement * 6740 1,706,312 1,706,312 Staff Development 6750 22,713 19,294 42,007 Staff Diversity 6760 5,825 5,825 Logistical Services 6770 1,183,595 189,208 15,907 1,388,710 Management Information Systems 6780 1,218,062 1,013,816 206,412 2,438,290 Other General Institutional Support Services 6790 72,774 72,774 Total General Institutional Support Services 6700 0 5,609,641 2,130,743 224,558 0 7,964,942 Community Services & Economic Development 6800 Community Recreation 6810 0 Community Service Classes 6820 113,496 89,842 119,043 322,381 Community Use of Facilities 6830 15,481 15,481 Economic Development 6840 47,927 47,927 Other Community Services & Economic Development 6880 0 Total Community Services 6800 113,496 153,250 119,043 0 0 385,789 * Noninstructional Staff Retirees' Benefits & Retirement Incentives. Page 29

SUPPLEMENTAL DATA Expend by Non-Instructional Activity S10 General Fund - Combined (Total Unrestricted and Restricted) For Actual Year: 2010-2011 Budget Year: 2011-2012 District ID: 530 Name: MERCED Salaries and Benefits Operating Capital Other Total Activity Non Expenses Outlay Outgo Activity Classification Code Instructional Instructional (4000-5000) (6000) (7000) Physical Property and Related Acquisitions 7100 46,670 46,670 Long-Term Debt and Other Financing 7200 Long_Term Debt 7210 0 Tax revenue Anticipation Notes 7220 0 Other Financing 7290 0 Total Long-Term Debt and Other Financing 7200 0 0 0 0 0 0 Transfers, Student Aid and Other Outgo 7300 Transfers 7310 3,847,153 3,847,153 Student Aid 7320 433,555 433,555 Other Outgo 7330 0 Total Transfers, Student Aid and Other Outgo 7300 0 0 0 0 4,280,708 4,280,708 Sub-Total Non-Instructional Activites 113,496 24,284,399 6,518,590 924,392 4,280,708 36,121,585 Total Expenditures General Fund: activities * 23,568,486 24,955,994 7,346,985 1,709,928 4,280,708 61,862,101 * Total Expenditures for the General Fund: Instructional Activities and Non-Instructional Activities. Page 31

Budget Year: 2011-2012 Gann Appropriations Limit GANN Report DISTRICT NAME: MERCED I. 2011-2012 Appropriations Limit: A. 2010-2011 Appropriations Limit: $55,722,532 B. 2011-2012 Price Factor: 1.0251 C. Population factor: 1. 2009-2010 Second Period Actual FTES 10,275.00 2. 2010-2011 Second Period Actual FTES 10,646.00 3. 2010-2011 Population change factor (C2/C1) 1.0361 D. 2010-2011 Limit adjusted by inflation and population factors (A * B * C.3) $59,183,242 E. Adjustments to increase limit: 1. Transfers in of financial responsibility $0 2. Temporary voter approved increases 0 3. Total adjustments - increase 0 Sub-Total (D + E.3) $59,183,242 F. Adjustments to decrease limit: 1. Transfers out of financial responsibility $0 2. Lapses of voter approved increases 0 3. Total adjustments - decrease 0 G. 2011-2012 Appropriations Limit (D + E.3 - F.3) $59,183,242 II. 2011-2012 Appropriations Subject to Limit: A. State Aid (General Apportionment, Apprenticeship Allowance, Basic Skills, and Partnership for Excellence) 35,813,499 B. State Subventions (Home Owners Property Tax Relief, Timber Yield tax, etc.) 138,245 C. Local Property taxes 7,815,782 D. Estimated excess Debt Service taxes 0 E. Estimated Parcel taxes, Square Foot taxes, etc. 0 F. Interest on proceeds of taxes 70,000 G. Local appropriations from taxes for unreimbursed State, court, and federal mandates 363,390 H. 2011-2012 Appropriations Subject to Limit $43,474,136 Page 32

Governmental Funds Group 10 General Fund REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 General Fund Object Fund: 11 Fund: 12 Fund: 10 Code UNRESTRICTED SUBFUND RESTRICTED SUBFUND TOTAL Description Actual Budget Actual Budget Actual Budget REVENUES: Federal Revenues 8100 81,202 36,500 1,858,911 1,529,807 1,940,113 1,566,307 State Revenues 8600 41,707,410 37,057,784 4,233,806 5,028,589 45,941,216 42,086,373 Local Revenues 8800 11,309,207 11,747,839 1,231,371 893,603 12,540,578 12,641,442 Total Revenues 53,097,819 48,842,123 7,324,088 7,451,999 60,421,907 56,294,122 EXPENDITURES: Academic Salaries 1000 20,458,213 20,416,631 1,586,514 1,944,348 22,044,727 22,360,979 Classified Salaries 2000 9,165,843 9,717,648 2,596,213 2,880,165 11,762,056 12,597,813 Employee Benefits 3000 13,303,141 14,479,208 1,414,556 1,638,253 14,717,697 16,117,461 Supplies and Materials 4000 638,087 882,022 471,795 318,411 1,109,882 1,200,433 Other Operating Expenses and Services 5000 5,571,935 5,841,612 665,168 1,348,444 6,237,103 7,190,056 Capital Outlay 6000 909,300 731,295 800,628 889,513 1,709,928 1,620,808 Total Expenditures 50,046,519 52,068,416 7,534,874 9,019,134 57,581,393 61,087,550 Excess /(Deficiency) of Revenues over Expenditures 3,051,300 (3,226,293) (210,786) (1,567,135) 2,840,514 (4,793,428) Other Financing Sources 8900 208,986 130,000 2,163,097 1,933,176 2,372,083 2,063,176 Other Outgo 7000 3,169,745 2,853,500 1,110,963 1,079,632 4,280,708 3,933,132 Net Increase/(Decrease) in Fund Balance 90,541 (5,949,793) 841,348 (713,591) 931,889 (6,663,384) BEGINNING FUND BALANCE: Net Beginning Balance, July 1 9010 10,869,438 10,959,979 1,140,152 1,981,500 12,009,590 12,941,479 Prior Years Adustments 9020 0 Adjusted Beginning Balance 9030 10,869,438 1,140,152 12,009,590 Ending Fund Balance, June 30 10,959,979 5,010,186 1,981,500 1,267,909 12,941,479 6,278,095 Page 33

Governmental Funds Group 20 Debt service Funds REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 DEBT SERVICE FUNDS Object Code Fund: 21 Fund: 22 Fund: 29 BOND INTEREST AND REVENUE BOND INTEREST REDEMPTION FUND AND REDEMPTION FUND OTHER DEBT SERVICE FUND Description Actual Budget Actual Budget Actual Budget REVENUES: Federal Revenues 8100 State Revenues 8600 Local Revenues 8800 2,496,148 2,264,500 Total Revenues 2,496,148 2,264,500 0 0 0 0 Other Financing Sources 8900 Interfund Transfers In 8981 Other Incoming Transfers 8983 Total Other Financing Sources 0 0 0 0 0 0 Other Outgo 7000 Debt Retirement (Long Term Debt) 7100 Debt Reduction 7110 1,010,000 720,000 Debt Interest and Other Service Charges 7120 2,219,943 2,186,133 Transfers Outgoing 7300 & 7400 Reserve for Contingencies 7900 Total Other Outgo 7000 3,229,943 2,906,133 0 0 0 0 Net Other Financing Sources / (Other Outgo) 8900 & 7000 (3,229,943) (2,906,133) 0 0 0 0 Net Increase/Decrease in Fund Balance (733,795) (641,633) 0 0 0 0 BEGINNING FUND BALANCE: Net Beginning Balance, July 1 9010 2,119,018 1,385,223 0 0 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 2,119,018 0 0 Ending Fund Balance, June 30 1,385,223 743,590 0 0 0 0 Page 34

Governmental Funds Group 30 Special Revenue Funds -- Part 1 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Special Revenue Funds Object FUND: 31 FUND 32 FUND 33 Code BOOKSTORE FUND CAFETERIA FUND CHILD DEVELOPMENT FUND Description Actual Budget Actual Budget Actual Budget REVENUES: Federal Revenues 8100 217,553 457,150 State Revenues 8600 781,761 690,424 Local Revenues 8800 15,934 130,736 Total Income 0 0 0 0 1,015,248 1,278,310 Expenditures Academic Salaries 1000 Classified Salaries 2000 584,520 600,653 Employee Benefits 3000 336,356 369,485 Supplies and Materials 4000 95,396 110,315 Other Operating Expenses and Services 5000 35,601 246,579 Capital Outlay 6000 36,751 8,779 Total Expenditures 0 0 0 0 1,088,624 1,335,811 Excess /(Deficiency) of Revenues over Expenditures 0 0 0 0 (73,376) (57,501) Other Financing Sources 8900 239,947 80,000 Other Outgo 7000 180,084 19,500 Net Increase/(Decrease) in Fund Balance 0 0 0 0 (13,513) 2,999 Begining Fund Balance: Net Beginning Balance, July 1 9010 0 0 15,835 2,322 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 0 0 15,835 Ending Fund Balance, June 30 0 0 0 0 2,322 5,321 Page 35

Governmental Funds Group 30 Special Revenue Funds -- Part 2 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Special Revenue Funds Object FUND: 34 FUND 35 FUND 39 Code FARM OPERATION FUND REVENUE BOND PROJECT FUND OTHER SPECIAL REVENUE FUND Description Actual Budget Actual Budget Actual Budget REVENUES: Federal Revenues 8100 State Revenues 8600 Local Revenues 8800 82,933 138,873 Total Income 82,933 138,873 0 0 0 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 54,605 83,885 Other Operating Expenses and Services 5000 33,654 49,654 Capital Outlay 6000 297 750 Total Expenditures 88,556 134,289 0 0 0 0 Excess /(Deficiency) of Revenues over Expenditures (5,623) 4,584 0 0 0 0 Other Financing Sources 8900 Other Outgo 7000 21,030 Net Increase/(Decrease) in Fund Balance (26,653) 4,584 0 0 0 0 Begining Fund Balance: Net Beginning Balance, July 1 9010 53,082 26,429 0 0 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 53,082 0 0 Ending Fund Balance, June 30 26,429 31,013 0 0 0 0 Page 36

Governmental Funds Group 40 Capital Projects Funds REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Capital Projects Funds Object FUND: 41 FUND 42 Code CAPITAL QUTLAY PROJECTS FUND REVENUE BOND CONSTRUCTION FUND Description Actual Budget Actual Budget REVENUES: Federal Revenues 8100 State Revenues 8600 Local Revenues 8800 138,772 117,700 50,113 57,000 Total Income 138,772 117,700 50,113 57,000 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 Other Operating Expenses and Services 5000 4,200 4,200 Capital Outlay 6000 1,645,029 1,215,311 219,586 1,831,743 Total Expenditures 1,645,029 1,215,311 223,786 1,835,943 Excess /(Deficiency) of Revenues over Expenditures (1,506,257) (1,097,611) (173,673) (1,778,943) Other Financing Sources 8900 1,271,829 957,828 Other Outgo 7000 53,624 Net Increase/(Decrease) in Fund Balance (234,428) (139,783) (227,297) (1,778,943) Begining Fund Balance: Net Beginning Balance, July 1 9010 2,839,110 2,604,682 9,687,074 9,459,777 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 2,839,110 9,687,074 Ending Fund Balance, June 30 2,604,682 2,464,899 9,459,777 7,680,834 Page 37

Proprietary Funds Group 50 Enterprise Funds Group -- Part 1 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Enterprise Funds Object FUND: 51 FUND 52 FUND 53 Code BOOKSTORE FUND CAFETERIA FUND FARM OPERATIONS Description Actual Budget Actual Budget Actual Budget REVENUES: Local Revenues 8800 2,575,607 2,475,784 Other Financing Sources 8900 Total Income 2,575,607 2,475,784 0 0 0 0 Cost of Sales 5890 2,009,082 1,931,215 Gross Profit or Loss 566,525 544,569 0 0 0 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 371,532 408,439 Employee Benefits 3000 156,237 171,757 Supplies and Materials 4000 15,497 12,000 Other Operating Expenses and Services 5000 145,923 150,000 Capital Outlay 6000 19,790 Total Expenditures 708,979 742,196 0 0 0 0 Net Profit or Loss (142,454) (197,627) 0 0 0 0 Other Outgo 7000 20,000 20,000 Net Increase/(Decrease) in Fund Balance (162,454) (217,627) 0 0 0 0 Begining Fund Balance: Net Beginning Balance, July 1 9010 761,858 600,646 0 0 Prior Years Adustments 9020 1,242 Adjusted Beginning Balance 9030 763,100 0 0 Ending Fund Balance, June 30 600,646 383,019 0 0 0 0 Page 38

Proprietary Funds Group 50 Enterprise Funds Group -- Part 2 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Enterprise Funds Object FUND: 59 Code OTHER ENTERPRISE FUND Description Actual Budget REVENUES: Local Revenues 8800 Other Financing Sources 8900 Total Income 0 0 Cost of Sales 5890 Gross Profit or Loss 0 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 Other Operating Expenses and Services 5000 Capital Outlay 6000 Total Expenditures 0 0 Net Profit or Loss 0 0 Other Outgo 7000 Net Increase/(Decrease) in Fund Balance 0 0 Begining Fund Balance: Net Beginning Balance, July 1 9010 0 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 0 Ending Fund Balance, June 30 0 0 Page 39

Proprietary Funds Group 60 Enterprise Funds Group REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Internal Service Funds Object FUND: 61 FUND 69 Code SELF-INSURANCE FUND OTHER INTERNAL SERVICES FUND Description Actual Budget Actual Budget REVENUES: Local Revenues 8800 448,420 450,349 Other Financing Sources 8900 50,000 50,000 Total Income 498,420 500,349 0 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 Other Operating Expenses and Services 5000 Capital Outlay 6000 Total Expenditures 0 0 0 0 Net Profit or Loss 498,420 500,349 0 0 Other Outgo 7000 500,000 Net Increase/(Decrease) in Fund Balance 498,420 349 0 0 Begining Fund Balance: Net Beginning Balance, July 1 9010 4,527,261 5,025,681 0 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 4,527,261 0 Ending Fund Balance, June 30 5,025,681 5,026,030 0 0 Page 40

Fiduciary Funds Group 70 Fiduciary Funds Group -- Part 1 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Fiduciary Funds Group Object FUND: 71 FUND 72 FUND 73 REVENUES: Code ASSOCIATED STUDENTS TRUST FUND REPRESENTATION FEE TRUST FUND BODY CENTER FEE TRUST FUND Description Actual Budget Actual Budget Actual Budget Federal Revenues 8100 State Revenues 8600 Local Revenues 8800 35,161 24,400 Total Income 35,161 24,400 0 0 0 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 18,514 37,647 Other Operating Expenses and Services 5000 9,556 10,245 Capital Outlay 6000 Total Expenditures 28,070 47,892 0 0 0 0 Excess /(Deficiency) of Revenues over Expenditures 7,091 (23,492) 0 0 0 0 Other Financing Sources 8900 5,000 5,000 Other Outgo 7000 1,000 3,800 Net Increase/(Decrease) in Fund Balance 11,091 (22,292) 0 0 0 0 Begining Fund Balance: Net Beginning Balance, July 1 9010 165,959 177,050 0 0 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 165,959 0 0 Ending Fund Balance, June 30 177,050 154,758 0 0 0 0 Page 41

Fiduciary Funds Group 70 Fiduciary Funds Group -- Part 2 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Fiduciary Funds Group Object FUND: 74 FUND 75 FUND 76 REVENUES: Code FINANCIAL AID TRUST FUND SCHOLARSHIP & LOAN TRUST FUND INVESTMENT TRUST FUND Description Actual Budget Actual Budget Actual Budget Federal Revenues 8100 25,548,532 30,316,348 State Revenues 8600 1,868,492 1,700,000 Local Revenues 8800 911,546 Total Income 27,417,024 32,016,348 911,546 0 0 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 Other Operating Expenses and Services 5000 16,001 Capital Outlay 6000 Total Expenditures 0 0 16,001 0 0 0 Excess /(Deficiency) of Revenues over Expenditures 27,417,024 32,016,348 895,545 0 0 0 Other Financing Sources 8900 181,513 175,596 Other Outgo 7000 27,598,537 32,191,944 644,755 Net Increase/(Decrease) in Fund Balance 0 0 250,790 0 0 0 Begining Fund Balance: Net Beginning Balance, July 1 9010 0 2,255,926 2,506,716 0 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 0 2,255,926 0 Ending Fund Balance, June 30 0 0 2,506,716 2,506,716 0 0 Page 42

Fiduciary Funds Group 70 Fiduciary Funds Group -- Part 3 REVENUES, EXPENDITURES, AND FUND BALANCE DATA 530 MERCED For Actual Year: 2010-2011 Budget Year: 2011-2012 Fiduciary Funds Group Object FUND: 77 FUND 79 Code DEFERRED COMPENSATION TRUST FUND OTHER TRUST FUNDS Description Actual Budget Actual Budget REVENUES: Federal Revenues 8100 State Revenues 8600 Local Revenues 8800 1,109,502 Total Income 0 0 1,109,502 0 Expenditures Academic Salaries 1000 Classified Salaries 2000 Employee Benefits 3000 Supplies and Materials 4000 674 Other Operating Expenses and Services 5000 978,233 Capital Outlay 6000 Total Expenditures 0 0 978,907 0 Excess /(Deficiency) of Revenues over Expenditures 0 0 130,595 0 Other Financing Sources 8900 Other Outgo 7000 29,000 Net Increase/(Decrease) in Fund Balance 0 0 101,595 0 Begining Fund Balance: Net Beginning Balance, July 1 9010 0 2,839,842 2,941,437 Prior Years Adustments 9020 Adjusted Beginning Balance 9030 0 2,839,842 Ending Fund Balance, June 30 0 0 2,941,437 2,941,437 Page 43