Assumptions-TAS-FY 16-17 The Accelerated Schools 16-17 Budget Assumptions ALL TAS WAHS ACES Total Students 1,724 784 495 445 Attendance Rate 96% 96% 95% 96% Keck 0 0 Enrollment TK-K - 3 586 314 272 Enrollment 4-6 383 210 173 Enrollment 7-8 260 260 Enrollment 9-12 495 495 ADA 1650 752.64 470.25 427.20 ADA % Breakdown by school 100.00% 45.61% 28.50% 25.89% Revenue Assumptions: Estimated increase in State general purpose funding 0.470% GP Entitlement (excl P. Tax & EPA, shown separately) COLA FEDERAL LCFF-TARGET CSR/CST 2016-17-BG TK-K-3 0.470% 0.00% $ 7,116 $ 740 $ 7,856 4-6 0.470% 0.00% $ 7,223 7-8 0.470% 0.00% $ 7,438 9-12 0.470% 0.00% $ 8,618 $ 224 $ 8,842 Special Ed - AB602 569.42 Special Ed - IDEA 192.37 Special Ed Fair Share Fee- Retained by LAUSD 10.0000% OPTION 3 Special Ed Fair Share Fee- Retained by COP 10.0000% OPTION 3 Property tax- Reduces General Purpose entitlement $ 1,675 Education Protection Act-Reduces General Purpose $ 1,196.00 Breakfast cost per meal $ 1.12 Lunch cost per meal $ 1.50 Supper cost per meal $ 1.50 School days meals served 180 Percent of students receiving breakfast 56% Breakfast revenue reimbursement $ 2.01 Percent of students receiving lunch 78% Lunch & Supper revenue reimbursement $ 3.18 State Nutrition See schedule Lottery $ 140 Lottery Prop 20 $ 41 Mandated costs $ 14 High school $ 42 Retro mandated $ 200 FY 16-17 FY 17-18 FY 18-19 FY 19-20 FY 15-16 LCFF FACTOR-PER FCMAT 49.08% 45.34% 6.15% 34.21% 51.97 COLA-FCMAT 0.47% 2.13% 2.65% 2.72% 1.02% INDIRECT COST RATE 3.75% 3.86% FY 2016-17 FY 2017-18 FY 15-16 FY 2018-19 FY 2019-20 FY 2020-21 STRS 12.58% 14.43% 10.73% 16.28% 18.13% 19.10% OASDI 6.20% 6.20% 6.20% MEDICARE 1.45% 1.45% 1.45% SUI + PENALTY (.00005+15% of claims) 0.35% 1.50% 0.25% W/C INSURANCE 3.00% 3.50% 2.45% TOTAL CERTICATED 17.38% 20.88% 14.88% TOTAL CLASSIFIED 11.00% 12.65% 10.35% COLA 0.47% 2.48% 1.02% LOS ANGELES MINIMUM WAGE 7/1/2015 $ 9.00 7/1/2016 $ 10.50 7/1/2017 $ 12.00 7/1/2018 $ 13.25 7/1/2019 $ 14.25 7/1/2020 $ 15.00
ENROLLMENT BY GRADE-FY 16-17 GRADE LEVELS TAS WAHS ACES TOTAL FY 16-17 TK 30 22 52 K 71 68 139 1 71 56 127 2 71 56 127 3 71 70 141 4 70 65 135 5 70 62 132 6 70 46 116 7 135 135 8 125 125 9 150 150 10 145 145 11 120 120 12 80 80 0 TOTAL K-12 784 495 445 1724 45.48% 28.71% 25.81% 100.00%
Projected Operating Budget16-17 THE ACCELERATED SCHOOL 2016-2017 PRELIMINARY OPERATING BUDGET TAS WAHS ACES Total Total Enrollment 784 495 445 1724 ADA 96% 95% 96% Enrollment K - 3 314 272 586 Enrollment 4-6 210 173 383 Enrollment 7-8 260 260 Enrollment 9-12 495 495 ADA Total 752.64 470.25 427.20 1650.09 ADA % 45.61% 28.50% 25.89% 100.00% REVENUES TAS WAHS ACES Total Object Resource State Revenues General Purpose Apportionment General Purpose - LCFF 4,905,449 3,626,952 2,902,013 11,434,414 8096 00000.0 Property Tax in Lieu Revenue 1,250,000 800,000 610,000 2,660,000 8012 14000.0 Education Protection Act 977,401 723,645 547,296 2,248,342 TOTAL LOCAL CONTROL FUNDING REVENUE 7,132,850 5,150,597 4,059,308 16,342,756 67.6% 83.3% 65.5% 71.3% Other State Revenues 8311 65000.0 Special Education - AB602 428,571 267,772 243,258 939,600 8560 11000.0 State Lottery 106,013 65,509 43,867 215,389 8561 63000.0 State Lottery Prop 20 31,047 19,185 12,847 63,078 8520 53100.0 State Nutrition 89,377 - - 89,377 8590 60300.0 State Facilities Incentive Grant payments & SB740 249,996 192,680-442,676 8591 60100.0 ASES 150,000-112,500 262,500 00000.0 Other State Revenues 155,578 107,448 64,200 327,226 OTHER STATE REVENUE 1,210,582 652,593 476,672 2,339,846 11.5% 10.6% 7.7% 10.2% TOTAL STATE REVENUES 8,343,432 5,803,190 4,535,980 18,682,602 79.0% 93.9% 73.2% 81.5% Federal Revenues 8291 30100.0 Title I 309,328 197,025 125,791 632,144 8292 40350.0 Title II - Teacher Quality & EETT 3,818 2,284 1,599 7,700 8293 42030.0 Title III - LEP 28,551 6,764 13,789 49,104 8290 00000.0 Other Federal Revenue - - - - 8220 53100.0 Federal Nutrition Revenues 1,215,314 - - 1,215,314 8181 33100.0 Special Ed - IDEA 144,785 90,462 82,180 317,428 TOTAL FEDERAL REVENUES 1,701,797 296,534 223,359 2,221,690 16.1% 4.8% 3.6% 9.7% Other Local Revenues 8634 53100.0 Food sales 18,096 - - 18,096 8660 00000.0 Interest Income 65,000 55,000 22,000 142,000 8696 Grants & Donations- Outside 20,000-5,000 25,000 8693 Fundraising- School Activities 14,000 25,200 14,000 53,200 8695 90023.0 LA's Best-ASES paid - - - - 8694 90018.0 Keck Center-Pre School - - - - 8650 Wallis Annenberg share of debt service-aces rent 394,544 - - 394,544 Other-LAUSD Augmentation Grant - - 1,400,000 1,400,000 TOTAL OTHER LOCAL REVENUES 511,640 80,200 1,441,000 2,032,840 4.8% 1.3% 23.2% 8.9% TOTAL REVENUE 10,556,868 6,179,924 6,200,340 22,937,132 100.0% 100.0% 100.0% 100.0% FY16-17BUDGETPRELIM-BOARD160426.xlsx 3 4/22/2016
Projected Operating Budget16-17 EXPENDITURES TAS WAHS ACES Total PERSONNEL COSTS Certificated Salaries 1100 Teacher Salaries 1,962,747 1,588,416 1,204,414 4,755,577 1170 Extra Pay/Stipends 134,050 136,263 92,265 362,578 1300 Principal/A/P/Deans/Adm 507,192 394,345 309,949 1,211,486 1160 Substitutes 137,500 39,000 53,000 229,500 TOTAL CERTIFICATED SALARIES 2,741,489 2,158,024 1,659,628 6,559,141 26.0% 34.9% 26.8% 28.6% Classified Salaries 2100 Instructional Aides 123,120 78,726 126,434 328,279 2100 Teachers, Co-Teachers -KECK - - - - 2200 Facilities/Maintenance & Security 428,632 223,615 218,915 871,162 2200 Food Services 446,023-0 446,023 2300 Classified Administrators - 90,125 47,651 137,776 2400 Office & Business service managers/ assistants/information Technology 590,903 334,717 322,539 1,248,159 2900 Classified - ASES 105,363-89,721 195,084 2900 Other Classified - LA's Best-ASES paid - - - - - - TOTAL CLASSIFIED SALARIES 1,694,041 727,183 805,260 3,226,483 16.0% 11.8% 13.0% 14.1% Employee Benefits - 3101 STRS 344,879 271,479 208,781 825,140 3300 FICA/OASDI 105,031 45,085 49,926 200,042 3330 Medicare 64,315 41,835 35,741 141,892 3400 Health & Welfare (incl, medical, dental, life, vision) 613,337 362,608 344,596 1,320,541 3500 SUI - unemployment 15,524 10,098 8,627 34,250 3600 Worker's Comp & Fees 133,066 86,556 73,947 293,569 3900 Other Benefits - - - - TOTAL EMPLOYEE BENEFITS 1,276,152 817,662 721,618 2,815,433 12.1% 13.2% 11.6% 12.3% TOTAL PERSONNEL COSTS 5,711,682 3,702,868 3,186,506 12,601,056 54.1% 59.9% 51.4% 54.9% FY16-17BUDGETPRELIM-BOARD160426.xlsx 4 4/22/2016
Projected Operating Budget16-17 OTHER COSTS TAS WAHS ACES Total Books & Supplies 4110 Textbooks 137,069 141,976 140,357 419,402 4210 Professional & other Books 28,946 11,000 12,000 51,946 4310-4320 Instructional Materials 167,412 145,366 217,104 529,881 4340 Technology Supplies 20,000 6,750 13,500 40,250 4350 Office Supplies 21,214 6,650 8,750 36,614 4370/4970 Janitorial & Cafeteria Supplies - Nutrition Services 102,311 - - 102,311 4380 Maintenance & Janitorial supplies 34,000 25,500 24,600 84,100 4360-4390 Other Supplies 94,650 71,250 246,689 412,589 4400 Non Capitalized Equip 202,000 137,000 1,181,000 1,520,000 4510 Athletics Supplies - High School only - 9,100-9,100 4710 53100.0 Food cost 603,216 - - 603,216 TOTAL BOOKS & SUPPLIES 1,410,817 554,591 1,844,000 3,809,408 13.4% 9.0% 29.7% 16.6% Other Operating Expenses 5220 Travel & Conferences 30,000 12,550 23,350 65,900 5310 Dues & Memberships 50,700 40,378 25,513 116,591 5450 Insurance 59,220 41,253 48,516 148,989 5520&5560 Utilities and waste disposal 225,213 137,163 166,178 528,554 5610 Facilities Leases-Facility Incentive Grant 60,000 423,152 34,500 517,652 5611 Repairs & Maintenance 384,150 230,000 44,500 658,650 5612 Facilities Service and Maintenance Contracts 81,357 46,327 57,426 185,110 5800 LACOE Software and Support Contract - Accounting Software 19,500 12,250 11,700 43,450 5810-5817 Field Trips/Student Activities 26,000 42,000 24,500 92,500 5820 Legal and Audit Fees 65,000 66,000 31,000 162,000 5850 Student Outside Services - Sped Ed services, other programs 349,896 270,679 165,223 785,798 5850 Non-Instructional Outside Services 22,500 17,000 17,500 57,000 5850/5610/5880 Athletics - Referees, Facilities rental fees, buses - 28,443-28,443 5851 Substitutes 144,500 74,000 28,500 247,000 5880 Indirect Program Costs - SpEd Fair Share- LAUSD 114,671 71,647 65,088 251,406 5910 Telephone and internet services 68,500 22,500 40,000 131,000 5840/5853/5860/5890 Other expenses 24,846 19,650 14,085 58,581 TOTAL OTHER OPERATING EXPENSES 1,726,053 1,554,991 797,579 4,078,623 16.4% 25.2% 12.9% 17.8% Other 6400 Capital Outlay- Equipment - - - - 7438 Interest on LAUSD Loan 107,500 - - 107,500 7320 Indirect Program Costs - - - - - 7310 LAUSD Admin fees (1% of revenue) 71,329 51,506 40,593 163,428 6900 Depreciation 983,132-989,272 1,972,404 TOTAL OTHER EXPENSES 1,161,961 51,506 1,029,865 2,243,332 11.0% 0.8% 16.6% 9.8% TOTAL EXPENSES 10,010,512 5,863,957 6,857,950 22,732,419 94.82% 94.89% 110.61% 99.11% NET REVENUE OVER (UNDER) EXPENSE 546,356 315,967 (657,610) 204,713 5.38% 5.11% -10.61% 0.91% Adjustments Loan payment - Principal (918,515) - - (918,515) Construction Funding- LAUSD - - (1,400,000) (1,400,000) Construction expense included above - - 1,325,000 1,325,000 Depreciation 983,132-989,272 1,972,404 CASH FLOW - FISCAL YEAR 2015-2016 610,973 315,967 256,662 1,183,602 % CASH FLOW VERSUS REVENUE (Excludes interschool rent) 6.01% 5.11% 5.35% 5.50% FY16-17BUDGETPRELIM-BOARD160426.xlsx 5 4/22/2016
CONSOLIDATED BUDGET-COMP-ALL THE ACCELERATED SCHOOLS (CONSOLIDATED) FY 16-17 FY 16-17 FY 16-17 FY 16-17 FY 15-16-EST FY 15-16-EST FY 15-16-EST FY 15-16-EST CHANGE CHANGE CHANGE CHANGE PRELIMINARY BUDGET TAS WAHS ACES TOTAL TAS WAHS ACES TOTAL TAS WAHS ACES TOTAL ENROLLMENT 784.00 495.00 445.00 1724.00 759.64 470.18 311.49 1541.31 24.36 24.82 133.51 182.69 ADA 752.64 470.25 427.20 1650.09 732.36 444.78 300.73 1477.87 20.28 25.47 126.47 172.22 ADA % 96.00% 95.00% 96.00% 96.41% 94.60% 96.55% 95.88% INCOME LCFF FUNDING 8011-8096 $ 7,132,850 $ 5,150,597 $ 4,059,308 $ 16,342,756 $ 6,541,521 $ 4,554,607 $ 2,688,386 $ 13,784,514 $ 591,329 $ 595,990 $ 1,370,922 $ 2,558,242 FEDERAL INCOME 8100-8299 $ 1,701,797 $ 296,534 $ 223,359 $ 2,221,690 $ 1,542,120 $ 303,689 $ 197,588 $ 2,043,397 $ 159,677 $ (7,155) $ 25,771 $ 178,293 OTHER STATE INCOME 8300-8599 $ 1,210,582 $ 652,593 $ 476,672 $ 2,339,846 $ 1,543,043 $ 903,877 $ 737,855 $ 3,184,775 $ (332,461) $ (251,284) $ (261,183) $ (844,929) LOCAL INCOME 8600-8698 $ 477,640 $ 55,000 $ 22,000 $ 554,640 $ 535,099 $ 37,784 $ 11,296,508 $ 11,869,391 $ (57,459) $ 17,216 $ (11,274,508) $ (11,314,751) GRANTS/FUNDRAISING 8699 $ 34,000 $ 25,200 $ 1,419,000 $ 1,478,200 $ 57,670 $ 7,594 $ 762,313 $ 827,577 $ (23,670) $ 17,606 $ 656,687 $ 650,623 TOTAL INCOME $ 10,556,868 $ 6,179,924 $ 6,200,340 $ 22,937,132 $ 10,219,453 $ 5,807,551 $ 15,682,650 $ 31,709,654 $ 337,415 $ 372,373 $ (9,482,310) $ (8,772,522) EXPENSES CERTIFICATED SALARIES 1000 $ 2,741,489 $ 2,158,024 $ 1,659,628 $ 6,559,141 $ 2,427,530 $ 1,802,917 $ 1,060,056 $ 5,290,503 $ 313,959 $ 355,107 $ 599,572 $ 1,268,638 CLASSIFIED SALARIES 2000 $ 1,694,041 $ 727,183 $ 805,260 $ 3,226,483 $ 1,210,740 $ 492,658 $ 514,477 $ 2,217,874 $ 483,301 $ 234,525 $ 290,783 $ 1,008,609 EMPLOYEE BENEFITS 3000 $ 1,276,152 $ 817,662 $ 721,618 $ 2,815,433 $ 948,756 $ 559,125 $ 406,416 $ 1,914,297 $ 327,396 $ 258,537 $ 315,202 $ 901,135 STUDENT BOOKS AND SUPPLIES 4000 $ 1,410,817 $ 554,591 $ 1,844,000 $ 3,809,408 $ 1,064,622 $ 241,722 $ 163,779 $ 1,470,123 $ 346,194 $ 312,869 $ 1,680,221 $ 2,339,285 OPERATING 5000 $ 1,726,053 $ 1,554,991 $ 797,579 $ 4,078,623 $ 1,492,966 $ 1,438,126 $ 695,761 $ 3,626,852 $ 233,087 $ 116,866 $ 101,818 $ 451,771 CAPITAL OUTLAY- DEPRECIATION 6000 $ 1,054,461 $ 51,506 $ 1,029,865 $ 2,135,832 $ 983,132 $ 3,355 $ 986,487 $ 71,329 $ 51,506 $ 1,026,510 $ 1,149,345 OTHER OUTGO- INTEREST EXPENSE 7000 $ 107,500 $ 107,500 $ 149,500 $ 149,500 $ (42,000) $ (42,000) TOTAL EXPENSES $ 10,010,512 $ 5,863,957 $ 6,857,950 $ 22,732,419 $ 8,277,246 $ 4,534,547 $ 2,843,843 $ 15,655,637 $ 1,733,266 $ 1,329,410 $ 4,014,106 $ 7,076,782 INCREASE (DECREASE) IN NET ASSETS $ 546,356 $ 315,967 $ (657,610) $ 204,713 $ 1,942,207 $ 1,273,004 $ 12,838,807 $ 16,054,017 $ (1,395,851) $ (957,037) $ (13,496,416) $ (15,849,304)
CONSOLIDATED BUDGET-W-O CONST. THE ACCELERATED SCHOOLS (CONSOLIDATED) FY 16-17 FY 16-17 FY 16-17 FY 16-17 FY 15-16-EST FY 15-16-EST FY 15-16-EST FY 15-16-EST CHANGE CHANGE CHANGE CHANGE PRELIMINARY BUDGET EXCLUDES CONSTRUCTION TAS WAHS ACES TOTAL TAS WAHS ACES TOTAL TAS WAHS ACES TOTAL ENROLLMENT 784.00 495.00 445.00 1724.00 759.64 470.18 311.49 1541.31 24.36 24.82 133.51 182.69 ADA 752.64 470.25 427.20 1650.09 732.36 444.78 300.73 1477.87 20.28 25.47 126.47 172.22 ADA % 96.00% 95.00% 96.00% 96.41% 94.60% 96.55% 95.88% INCOME LCFF FUNDING 8011-8096 $ 7,132,850 $ 5,150,597 $ 4,059,308 $ 16,342,756 $ 6,541,521 $ 4,554,607 $ 2,688,386 $ 13,784,514 $ 591,329 $ 595,990 $ 1,370,922 $ 2,558,242 FEDERAL INCOME 8100-8299 $ 1,701,797 $ 296,534 $ 223,359 $ 2,221,690 $ 1,542,120 $ 303,689 $ 197,588 $ 2,043,397 $ 159,677 $ (7,155) $ 25,771 $ 178,293 OTHER STATE INCOME 8300-8599 $ 1,210,582 $ 652,593 $ 476,672 $ 2,339,846 $ 1,543,043 $ 903,877 $ 737,855 $ 3,184,775 $ (332,461) $ (251,284) $ (261,183) $ (844,929) LOCAL INCOME 8600-8698 $ 477,640 $ 55,000 $ 22,000 $ 554,640 $ 535,099 $ 37,784 $ 11,296,508 $ 11,869,391 $ (57,459) $ 17,216 $ (11,274,508) $ (11,314,751) GRANTS/FUNDRAISING 8699 $ 34,000 $ 25,200 $ 1,419,000 $ 1,478,200 $ 57,670 $ 7,594 $ 762,313 $ 827,577 $ (23,670) $ 17,606 $ 656,687 $ 650,623 ADJUSTMENTS: CONSTRUCTION $ (1,400,000) $ (1,400,000) $ (11,963,502) $ (11,963,502) $ 10,563,502 $ 10,563,502 TOTAL INCOME $ 10,556,868 $ 6,179,924 $ 4,800,340 $ 21,537,132 $ 10,219,453 $ 5,807,551 $ 3,719,148 $ 19,746,152 $ 337,415 $ 372,373 $ 1,081,192 $ 1,790,980 EXPENSES CERTIFICATED SALARIES 1000 $ 2,741,489 $ 2,158,024 $ 1,659,628 $ 6,559,141 $ 2,427,530 $ 1,802,917 $ 1,060,056 $ 5,290,503 $ 313,959 $ 355,107 $ 599,572 $ 1,268,638 CLASSIFIED SALARIES 2000 $ 1,694,041 $ 727,183 $ 805,260 $ 3,226,483 $ 1,210,740 $ 492,658 $ 514,477 $ 2,217,874 $ 483,301 $ 234,525 $ 290,783 $ 1,008,609 EMPLOYEE BENEFITS 3000 $ 1,276,152 $ 817,662 $ 721,618 $ 2,815,433 $ 948,756 $ 559,125 $ 406,416 $ 1,914,297 $ 327,396 $ 258,537 $ 315,202 $ 901,135 STUDENT BOOKS AND SUPPLIES 4000 $ 1,410,817 $ 554,591 $ 1,844,000 $ 3,809,408 $ 1,064,622 $ 241,722 $ 163,779 $ 1,470,123 $ 346,194 $ 312,869 $ 1,680,221 $ 2,339,285 OPERATING 5000 $ 1,726,053 $ 1,554,991 $ 797,579 $ 4,078,623 $ 1,492,966 $ 1,438,126 $ 695,761 $ 3,626,852 $ 233,087 $ 116,866 $ 101,818 $ 451,771 CAPITAL OUTLAY- DEPRECIATION 6000 $ 1,054,461 $ 51,506 $ 1,029,865 $ 2,135,832 $ 983,132 $ 3,355 $ 986,487 $ 71,329 $ 51,506 $ 1,026,510 $ 1,149,345 OTHER OUTGO- INTEREST EXPENSE 7000 $ 107,500 $ 107,500 $ 149,500 $ 149,500 $ (42,000) $ (42,000) ADJUSTMENTS: CONSTRUCTION-SUPPLIES $ (1,325,000) $ (1,325,000) $ (1,325,000) $ (1,325,000) TOTAL EXPENSES $ 10,010,512 $ 5,863,957 $ 5,532,950 $ 21,407,419 $ 8,277,246 $ 4,534,547 $ 2,843,843 $ 15,655,637 $ 1,733,266 $ 1,329,410 $ 2,689,106 $ 5,751,782 INCREASE (DECREASE) IN NET ASSETS $ 546,356 $ 315,967 $ (732,610) $ 129,713 $ 1,942,207 $ 1,273,004 $ 875,305 $ 4,090,515 $ (1,395,851) $ (957,037) $ (1,607,914) $ (3,960,802)