1. Jurupa Unified Debt Service June 17, 2013

2. Annual Debt Service for Construction Projects Payee/Project 2013/14 Annual Payment P & IFund Economic Development Agency$200,000Redevelopment RHS Stadium Loan payment(Fund 40) Bank of New York Mellon$646,863Redevelopment Ed Center Construction COP(Fund 40) Banc of America - Chevron$2,270,362Unrestricted General Fund Energy Efficiency COP(Fund 03) Capital One Public Funding$400,390Redevelopment/Cafeteria Funds Bellegrave Warehouse Bldg COP(Funds 40/13) 50%/50% Capital Leases$156,568General Fund Primarily copiers(Fund 03/06) SERPs$1,515,496All Appropriate Funds

3. Jurupa Unified 2013-2014 Multi-Year Budget Projection June 17, 2013

4. Review of 2013/14 General Fund Budget Passage of the Education Protection Act (Prop 30) Economy is growing (slowly) Governor and State Legislature Committed to Increasing Funding to Education All these factors provide for a better budget outlook than previous years, but we still have challenges to overcome.

5. Multi-Year Projection Budget Assumptions 2013-14 COLA of 1.565% with a deficit of 18.997% One time Common Core Implementation funding (restricted), $3.2 million One time Health & Welfare contribution increase

8. DescriptionAccount2013/142014/152015/16 CodesAd BudgetProjected A. REVENUES 1) Revenue Limit Sources 8010 - 8099103,355,108103,612,192105,062,487 2) Federal Revenues 8100 - 829913,831,08812,778,67112,278,671 3) Other State Revenues 8300 - 859929,696,81725,588,86425,565,764 4) Other Local Revenues 8600 - 87999,156,0229,095,969 5) TOTAL REVENUES 156,039,035151,075,696152,002,891 B. EXPENDITURES 1) Certificated Salaries 1000 - 199980,826,74481,601,73082,199,387 2) Classified Salaries 2000 - 299923,403,01523,095,52323,257,620 3) Employee Benefits 3000 - 399930,484,34728,109,13327,810,331 4) Books & Supplies 4000 - 49994,794,2564,528,498 5) Services, Other Exp. 5000 - 599917,056,83115,823,32815,316,741 6) Capital Outlay 6000 - 699941,29726,297 7) Other Outgo 7100 - 7299 7400 - 74992,508,311 8) Dir. Supp./Ind. Costs 7300 - 7399(277,000) 9) TOTAL EXPENDITURES 158,837,801155,415,820155,370,185 C. EXCESS (DEFIC.) OF REVENUES (2,798,766)(4,340,124)(3,367,294) OVER EXPEND. JURUPA UNIFIED SCHOOL DISTRICT 2013/14 Adopted Budget MULTI-YEAR BUDGET PROJECTION June 17, 2013 Combined

9. D. OTHER FINANCING SOURCES/USES 2013/14 Ad Budget 2014/15 Projected 2015/16 Projected 1) Interfund Transfers a) Transfers In 8910 - 8929473,583 b) Transfers Out 7610 - 76292,733,813 2) Other Sources/Uses a) Sources 8930 - 8979000 b) Uses 7630 - 7699000 3) Contrib. to Rest. Pgm. 8980 - 8999000 4) TOTAL OTHER FIN. SOURCES/USES(2,260,230) E. NET INC. (DEC.) IN (5,058,996)(6,600,354)(5,627,524) FUND BALANCE F. FUND BALANCE, RESERVES 1) Beginning Balance a) As of July 1 - Unaud.979122,825,62117,766,62511,166,271 b) Audit Adjust.9793 c) As of July 1, Aud. 22,825,62117,766,62511,166,271 e) Net Beginning Bal. 22,825,62117,766,62511,166,271 2) Ending Balance, June 30 17,766,62511,166,2715,538,747 JURUPA UNIFIED SCHOOL DISTRICT 2013/14 Adopted Budget MULTI-YEAR BUDGET PROJECTION June 17, 2013 Combined

10. Components of Ending Fund Balance 2013/14 Ad Budget 2014/15 Projected 2015/16 Projected a) Reserved Amounts Revolving Cash97115,000 Stores9712147,046 Prepaid Expend.9713000 Other9719000 Gen. Reserve(EC 42124)9730000 Legally Restricted97404,079,8164,188,8464,293,376 b) Assigned Amounts Assigned for Economic Uncertainties97894,847,1494,744,4894,743,120 Assigned For - Assigned for add'l 150 student drop9780000 Other Assigned Carryover97804,710,9464,390,4574,154,805 Assigned For Budget Shortfall97803,257,66800 Assigned for Deferred Maintenance9780719,00000 c)Unapprop. Amt. (short)97900(2,309,567)(7,804,600) REQUIRED RESERVE ( 3 % ) 4,847,1484,744,4894,743,120 OVER/(SHORT) REQUIRED RESERVE 1(2,309,567)(7,804,600) JURUPA UNIFIED SCHOOL DISTRICT 2013/14 Adopted Budget MULTI-YEAR BUDGET PROJECTION June 17, 2013 Combined

11. $6.9M $6.1M $4.2M $4.4M $18.3M $24.5M $23.7M $17.7M Includes $4.0M legal restricted, $4.8M required reserves $11.1M Includes $4.1M legal restricted, $4.7M required reserves $5.5M Includes $4.2M legal restricted $4.7M required reserves 3% ($4.9 – 4.7)M $22.8M