LEADERSHIP PUBLIC SCHOOLS FY 2019 BUDGET SUMMARY June 25, 2018

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ENROLLMENT AND DEMOGRAPHICS Enrollment 9th Grade 150 125 150 425 431-1.4% 445-4.5% 10th Grade 150 125 150 425 414 2.7% 430-1.2% 11th Grade 150 125 148 423 408 3.7% 404 4.7% 12th Grade 145 110 148 403 334 20.7% 329 22.5% Enrollment 595 485 596 1,676 1587 5.6% 1608 4.2% PY CBEDS Enrollment 577 417 593 1,587 1479 Attrition % 1.5% 2% 1% Enrollment after Attrition 586 475 590 1,651 1574 4.9% 1585 4.2% Prior Year CBEDS Enrollment 577 417 593 1,587 1278 Growth in Enrollment from Prior Year 18 68 3 89 309 Prior Year Average Daily Attendance (#) 540.0 385.0 568.0 1,493 Average Daily Attendance (%) 95.0% 93.0% 95.0% 94.4% 94.9% -0.5% 93.60% 0.9% Average Daily Attendance (#) (P-2) 557 442 561 1,559 1493 4.4% 1484 5.1% Free and Reduced Lunch Students (%) 87% 92% 62% 80% 79% 0.4% 77% 3.3% Free and Reduced Lunch Students (#) 518 446 370 1,333 1257 6.1% 1246 7.0% Special Education Students (%) 9% 11% 7% 9% 9% 2.7% 9% -1.5% Special Education Students (#) 54 53 42 149 137 8.5% 143 3.9% NPS - Non-Public Schools 2 4 1 7 4 75.0% ELL Students (%) 21% 30% 8% 19% 18% 3.9% 18% 5.5% ELL Students (#) 125 146 48 318 290 9.7% 297 7.1% Unduplicated Count 530 462 373 1,365 1291 5.7% 1282 6.4% PY Unduplicated Count 523 397 371 1,291 1168 1 of 8

REVENUE State Revenue Education Protection Account $826,471 $656,148 $832,063 $2,314,682 $2,216,536 4.4% $2,156,835 7.3% General Purpose Block Grant $4,302,505 $3,656,432 $3,657,161 $11,616,099 $9,934,592 16.9% $10,105,566 14.9% State Lottery Revenue $104,884 $74,768 $109,290 $288,942 $270,292 6.9% $263,326 9.7% Other State Revenues $120,928 $81,657 $121,464 $324,048 $285,187 13.6% $285,572 13.5% Special Education $393,733 $383,045 $357,275 $1,134,052 $1,004,928 12.8% $885,955 28.0% SB740 Facilities Subsidy $0 $0 $222,136 $222,136 $218,852 1.5% $227,298-2.3% Charter Schools In-Lieu Tax Transfers CY $1,525,660 $1,021,440 $1,547,783 $4,094,883 $3,937,803 4.0% $3,708,443 10.4% Total State Revenue $7,274,180 $5,873,489 $6,847,172 $0 $19,994,842 $17,866,659 11.9% $17,632,995 13.4% Total State Revenue per Student $12,226 $12,110 $11,489 $11,930 $11,258 6.0% $10,966 8.8% Federal Revenue Federal Lunch Program $122,000 $0 $71,452 $193,452 $231,126-16.3% $194,805-0.7% Federal SPED funding $72,125 $52,125 $74,125 $198,375 $190,902 3.9% $184,625 7.4% Federal Entitlements* HO Grant $70,000 $70,000 $70,000 $60,000 $270,000 $270,000 0.0% $270,000 0.0% Title I - Compensatory Education $194,048 $149,640 $129,829 $473,517 $490,566-3.5% $472,951 0.1% Title II - Professional Development $23,790 $16,536 $19,167 $59,493 $59,493 0.0% $56,385 5.5% Title III - Limited English Proficient $9,402 $11,374 $4,258 $25,034 $26,473-5.4% $25,150-0.5% Title IV $10,000 $10,000 $10,000 $30,000 Total Federal Revenue $501,365 $309,675 $378,831 $60,000 $1,249,871 $1,271,469-1.7% $1,203,916 3.8% TOTAL STATE & FEDERAL REVENUE $7,775,546 $6,183,164 $7,226,003 $60,000 $21,244,712 $19,138,129 11.0% $18,836,911 12.8% State and Federal Revenue per Student $ 13,068 $ 12,749 $ 12,124 $ 12,676 $ 12,059 5.1% $ 11,714 8.2% 2 of 8

FUNDRAISING & OTHER REVENUES Fundraising Home Office Fundraising - Individual Giving $0 $0 $0 $0 $200,000 $200,000 $172,389 16.0% $275,000-27.3% Home Office Grants - Foundations and Govt $0 $0 $0 $0 $600,000 $600,000 $474,191 26.5% $505,000 18.8% Subtotal $0 $0 $0 $0 $800,000 $800,000 $646,580 23.7% $780,000 2.6% School-Based Fundraising Fundraising $0 $0 $30,000 $0 $0 $30,000 $62,500-52.0% $30,000 0.0% Subtotal School-Based Fundraising $0 $0 $30,000 $0 $0 $30,000 $62,500-52.0% $30,000 0.0% Total Fundraising $0 $0 $30,000 $0 $800,000 $830,000 $709,080 17.1% $810,000 2.5% Other Revenue Local Revenue: Measure N/G (LPS Oakland at $850 per student) $135,823 $460,005 $0 $0 $0 $595,828 $428,059 39.2% $424,223 40.5% Food Service Receipts $2,500 $0 $11,062 $0 $0 $13,562 $18,618-27.2% $13,015 4.2% Lease Income $0 $0 $0 $368,110 $0 $368,110 $385,110-4.4% $368,110 0.0% Interest $0 $0 $0 $11,358 $0 $11,358 $11,522-1.4% $0 Total Other Revenue $138,323 $460,005 $11,062 $379,468 $0 $988,858 $843,309 17.3% $805,348 22.8% TOTAL FUNDRAISING & OTHER REVENUE $138,323 $460,005 $41,062 $379,468 $800,000 $1,818,858 $1,552,389 17.2% $1,615,348 12.6% Fundraising & Other Revenue per Student $232 $948 $69 $1,085 $978 10.9% $1,005 8.0% TOTAL REVENUES $7,913,868 $6,643,169 $7,267,065 $379,468 $860,000 $23,063,570 $20,690,518 11.5% $20,452,259 12.8% Fundraising & Other Revenue per Student $13,301 $13,697 $12,193 $13,761 $13,038 5.5% $12,719 8.2% 3 of 8

SALARIES AND BENEFITS Certificated Non-Teaching Staff 9.0 7.0 9.0 20.1 45.1 40.6 11.1% 43.0 4.8% Certificated Teachers 28.9 26.4 29.1 84.4 80.5 4.8% 80.0 5.5% Classified Staff 16.6 12.3 9.2 38.1 38.4-0.9% 26.5 43.6% Campus Supervisors - Classified 1.0 3.0-4.0 4.0 0.0% 4.0 0.0% Total FTE 55.50 48.70 47.3 20.05 171.5 163.5 4.9% 153.5 11.7% Student:Teacher Ratio 20.3 18.0 20.3 19.6 19.5 0.1% 19.8-1.2% Student: Staff Ratio 10.7 10.0 12.6 Total Salaries $3,882,146 $3,258,736 $3,408,365 $0 $2,202,104 $12,751,350 $11,659,553 9.4% $11,813,183 7.9% Total Benefits 27% $1,031,363 $920,690 $967,763 $0 $528,652 $3,448,468 $3,084,297 11.8% $3,210,453 7.4% 27% 28% 28% 24% 27% 27% 0.2% 27% 0% TOTAL SALARIES AND BENEFITS $4,913,508 $4,179,426 $4,376,128 $0 $2,730,756 $16,199,818 $14,743,850 9.9% $15,023,636 7.8% Salaries & Benefits per Student $ 8,258 $ 8,617 $ 7,342 $ 9,666 $9,290 4.0% $9,343 3% 4 of 8

TEXTBOOKS, SUPPLIES, EQUIPMENT, & FOOD Textbooks & Supplies Textbooks & Instructional Materials $6,682 $36,600 $12,600 $0 $55,882 $24,360 129.4% $65,960-15.3% Supplies & Materials $133,808 $93,640 $110,791 $34,670 $372,909 $338,526 10.2% $266,026 40.2% Subtotal Textbooks & Supplies $140,490 $130,240 $123,391 $0 $34,670 $428,791 $362,886 18.2% $331,986 29.2% Food Food - Staff $18,000 $25,000 $8,000 $6,050 $57,050 $85,250-33.1% $68,350-16.5% Food - Other $14,000 $24,000 $18,000 $56,000 $73,000-23.3% $43,000 30.2% Food - Student $160,000 $15,000 $115,608 $290,608 $293,837-1.1% $238,000 22.1% Subtotal Food $192,000 $64,000 $141,608 $0 $6,050 $403,658 $452,087-10.7% $349,350 15.5% Equipment Computers & AV Under $5,000 - Non Cap $63,551 $87,855 $68,495 $9,840 $229,741 $240,677-4.5% $155,277 48.0% Furniture/Equipment Under $5,000 - Non Cap $37,163 $57,725 $19,790 $9,000 $123,678 $101,250 22.2% $33,250 272.0% Subtotal Equipment $100,714 $145,580 $88,285 $0 $18,840 $353,419 $341,927 3.4% $188,527 87.5% TOTAL TEXTBOOKS, SUPPLIES, EQUIPMENT, FOOD $433,204 $339,820 $353,283 $0 $59,560 $1,185,867 $1,156,900 2.5% $869,863 36.3% Expense per Student $728 $701 $593 $708 $729-2.9% $541 30.8% 5 of 8

SERVICES AND OPERATING EXPENSES Travel, transportation, conferences Employee Travel Expense $10,000 $9,700 $6,500 $34,372 $60,572 $36,775 64.7% $64,975-6.8% Employee Conferences $10,515 $9,500 $6,515 $27,265 $53,795 $25,825 108.3% $81,275-33.8% Home to School Transportation $0 $0 $0 $0 $6,344 $10,000-100.0% Student Transportation $69,645 $127,267 $81,178 $0 $278,090 $198,300 40.2% $207,750 33.9% Subtotal Travel and Transportation $90,160 $146,467 $94,193 $0 $61,637 $392,457 $267,244 46.9% $364,000 7.8% Communications Advertising/Recruitment $6,300 $8,500 $6,500 $27,000 $48,300 $22,800 111.8% $31,600 52.8% Internet/Phone/Cell Phone Service $23,024 $20,073 $27,061 $23,384 $93,542 $93,393 0.2% $87,020 7.5% Postage and Shipping $7,000 $6,500 $10,500 $5,250 $29,250 $24,250 20.6% $26,750 9.3% Subtotal Communications $36,324 $35,073 $44,061 $0 $55,634 $171,092 $140,443 21.8% $145,370 17.7% Sub Agreements for Services Substitute Consultants $26,000 $33,000 $30,000 $0 $89,000 $100,500-11.4% $73,000 21.9% Custodial Services $148,000 $70,905 $63,050 $15,300 $0 $297,255 $287,471 3.4% $309,179-3.9% Subtotal Agreements for Services $174,000 $103,905 $93,050 $15,300 $0 $386,255 $387,971-0.4% $382,179 1.1% Dues, Memberships, and Subscriptions $12,500 $7,000 $20,000 $450 $39,950 $22,000 81.6% $45,450-12.1% Insurance $49,107 $29,174 $37,696 $6,700 $122,676 $89,849 36.5% $109,398 12.1% Operations and Housekeeping Services Utilities $80,728 $59,483 $74,864 $10,000 $13,503 $238,577 $189,460 25.9% $219,400 8.7% Fees/Bank/Other Charges $4,500 $12,360 $2,000 $375 $23,820 $43,055 $38,151 12.9% $47,056-8.5% Tickets/Fees for Students/Staff/Volunteers $81,289 $48,133 $125,099 $254,522 $280,189-9.2% $208,984 21.8% Software Licenses $73,960 $66,861 $88,954 $61,110 $290,885 $203,088 43.2% $286,875 1.4% Subtotal Operations and Housekeeping $240,477 $186,837 $290,917 $10,375 $98,433 $827,039 $710,887 16.3% $762,315 8.5% 6 of 8

Rentals, Leases, Repairs, and NonCap Improvements Copier Lease $58,898 $34,402 $48,355 $11,882 $153,537 $135,251 13.5% $154,988-0.9% Facilities Rental - Events $28,000 $8,400 $10,000 $4,711 $51,111 $19,891 157.0% $93,891-45.6% Property/Building Rental $131,829 $178,525 $368,110 $135,030 $813,494 $821,160-0.9% $768,360 5.9% Repairs/Maintenance - Non Cap $20,000 $15,000 $30,000 $0 $65,000 $44,500 46.1% $170,500-61.9% Facilities Allocation $61,469 ($9,646) ($51,824) $0 $0 $0 Subtotal Rentals, Leases, Repairs, & Improvements $300,196 $226,681 $404,641 $0 $151,623 $1,083,142 $1,020,802 6.1% $1,187,739-8.8% Professional/Consulting Services Consultants and Contracted Services $220,246 $379,968 $213,406 $150,000 $450,199 $1,413,818 $737,515 91.7% $972,073 45.4% Audit and Legal Services $5,250 $1,250 $1,250 $2,800 $52,800 $63,350 $62,450 1.4% $65,050-2.6% Subtotal Professional/Consulting Services $225,496 $381,218 $214,656 $152,800 $502,999 $1,477,168 $799,965 84.7% $1,037,123 42.4% TOTAL SERVICES AND OPERATING EXPENSES $1,128,260 $1,116,355 $1,199,214 $178,475 $877,476 $4,499,780 $3,439,162 30.8% $4,033,574 11.6% Expense per Student $1,896 $2,302 $2,012 $2,685 $2,167 23.9% $2,508 7.0% Depreciation $119,404 $76,341 $233,318 $13,244 $442,307 $533,683-17.1% $454,376-2.7% Other Outgo Special Education Admin Fee $18,740 $17,407 $17,177 $0 $53,323 $47,833 11.5% $43,671 22.1% Special Education Home Office Costs $110,098 $87,408 $110,842 ($308,348) $0 $0 Expense per Student $185 $180 $186 District Oversight Fee $66,546 $53,340 $60,370 $180,257 $160,889 12.0% $159,708 12.9% Home Office Support $689,060 $547,055 $693,722 ($1,929,838) $0 $0 $0 Educational Support $403,535 $320,373 $406,266 ($1,130,174) $0 $0 $0 Expense per Student $678 $661 $682 Debt Service - Interest $58,302 $165 $12,451 $70,918 $75,304-5.8% $75,304-5.8% Contingency $0 $0 $0 $0 $0 $0 Total Other Outgo $1,346,282 $1,025,748 $1,300,828 $0 ($3,368,360) $304,499 $284,027 7.2% $278,683 9.3% TOTAL EXPENSES $7,940,658 $6,737,689 $7,462,771 $178,475 $312,677 $22,632,270 $20,157,622 12.3% $20,660,132 9.5% 7 of 8

LPS FY 2018 DRAFT BUDGET SUMMARY as of 2/2017 Revenue State $ 7,274,180 $ 5,873,489 $ 6,847,172 $ - $ - $ 19,994,842 $ 17,866,659 11.9% $17,632,997 13.4% Federal $ 501,365 $ 309,675 $ 378,831 $ - $ 60,000 $ 1,249,871 $ 1,271,469-1.7% $1,203,915 3.8% Fundraising $ - $ - $ 30,000 $ - $ 800,000 $ 830,000 $ 709,080 17.1% $810,000 2.5% Other Revenues $ 138,323 $ 460,005 $ 11,062 $ 379,468 $ - $ 988,858 $ 843,309 17.3% $805,348 22.8% Total Revenue $ 7,913,868 $ 6,643,169 $ 7,267,065 $ 379,468 $ 860,000 $ 23,063,570 $ 20,690,518 11.5% $20,452,260 12.8% Expenses Salaries $ 3,882,146 $ 3,258,736 $ 3,408,365 $ - $ 2,202,104 $ 12,751,350 $ 11,659,553 9.4% $11,813,183 7.9% Benefits $ 1,031,363 $ 920,690 $ 967,763 $ - $ 528,652 $ 3,448,468 $ 3,084,297 11.8% $3,210,453 7.4% Books, Supplies, Equipment, & Food $ 433,204 $ 339,820 $ 353,283 $ - $ 59,560 $ 1,185,867 $ 1,156,900 2.5% $869,863 36.3% Services and Operating Expenses $ 1,128,260 $ 1,116,355 $ 1,199,214 $ 178,475 $ 877,476 $ 4,499,780 $ 3,439,162 30.8% $4,033,574 11.6% Depreciation $ 119,404 $ 76,341 $ 233,318 $ - $ 13,244 $ 442,307 $ 533,683-17.1% $454,376-2.7% Other Outgo (not including HO Allocation) $ 143,589 $ 70,912 $ 89,998 $ - $ - $ 304,499 $ 284,027 7.2% $278,684 9.3% Total Expenses * $ 6,737,964 $ 5,782,853 $ 6,251,941 $ 178,475 $ 3,681,037 $ 22,632,271 $ 20,157,622 12.3% $20,432,433 10.8% OPERATING INCOME 4 Walls - WITHOUT HO $1,175,904 $860,316 $1,015,124 $200,993 ($2,821,037) $431,300 $ 532,896-19.1% $19,828 2075.2% Home Office Allocation Expense $ 1,202,693 $ 954,836 $ 1,210,830 $ - $ (3,368,360) $ - $ - $0 per student expense $ 2,021 $ 1,969 $ 2,032 $ 2,010 Home Office Contributions $ 26,790 $ 94,521 $ 195,706 $ (317,016) $ - $ - $0 OPERATING INCOME AFTER HO ALLOCATIONS $0 $0 $0 $200,993 $230,307 $431,300 $ 532,896-19.1% $ 19,828 2075.2% 8 of 8