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2012-2013 Budget Escalon Unified School District.

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Presentation on theme: "2012-2013 Budget Escalon Unified School District."— Presentation transcript:

1 Budget Escalon Unified School District

2 FUND Fund Number PURPOSE General Fund01 To deliver the District’s education program. Most of the District’s revenues and expenditures are recorded in this fund. Includes both unrestricted and restricted dollars. Charter School Fund09To deliver the Charter School education program. Cafeteria Fund13To provide for District food services. Deferred Maintenance Fund14To meet maintenance needs deferred from prior years. Transportation Equipment Fund15To meet transportation equipment needs. Special Reserve (Other)17To provide for general operating purposes. Capital Facilities Fund (Developer Fees) 25To provide for facilities projects made necessary by enrollment growth. County Schools Facilities Fund35To provide for modernization of existing facilities. Special Reserve for Capital Outlay Projects Fund 40To provide for capital improvement projects. Bond Interest and Redemption Fund 51To provide for the repayment of G.O. Bonds. Self Insurance Fund67To pay deductibles for insurance claims. Organization of the Budget For ease of administration, school district budgets are divided into funds. The Escalon Unified School District uses the following funds:

3 General Fund Revenues, , in millions Revenue Limit14.55 Federal 1.29 Other State 3.15 Other Local 0.98 TOTAL19.97

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5 Net Ending Balance Components, in thousands (est.) (proj.) Revolving Cash 16 Prepaid Expenses Restricted Program Balances Reserve for Economic Uncertainties Designated/Undesignated Balance TOTAL A school district’s Net Ending Balance is a district’s reserve account to fund unforeseen events or pay for multi-year needs

6 Revenue- Beginning Balance5.5 million (estimated) ADA (PY P-2)2, (down from last year) The Total Funded Revenue Limit for (Funded RL x ADA) was $17,395,289. The Total Funded Revenue Limit for (Funded RL x ADA) is $14,316,278. The reduction of Total Funded Revenue Limit from to is $3,079,011. LotteryNon-Prop per ADA Prop per ADA FederalLoss of Federal jobs money; all other programs will remain flatRevenue- Beginning Balance5.5 million (estimated) ADA (PY P-2)2, (down from last year) The Total Funded Revenue Limit for (Funded RL x ADA) was $17,395,289. The Total Funded Revenue Limit for (Funded RL x ADA) is $14,316,278. The reduction of Total Funded Revenue Limit from to is $3,079,011. LotteryNon-Prop per ADA Prop per ADA FederalLoss of Federal jobs money; all other programs will remain flat

7 Assumptions cont. Expenditures Certificated Salaries 10.2 million, includes teachers, support staff and administrators Step/Column costs projected at 1.16% 5 furlough days continue for Teaching staff numbers decreased due to resignations and staff layoffs totaling 3.22 FTE Classified Salaries 2.9 million Step/Column costs projected at 1.16% 5 furlough days continue for Staff numbers decreased due to layoffs of 5.26 FTE Other Expenditures Decreased where possible, however supplies were increased at the School Site and in MOT

8 Description % Change % Change REVENUES Revenue Limit14,546, ,746, ,977,729 Federal Revenue 1,288, ,288, ,288,576 Other State Rev. 3,151, ,147, ,143,140 Other Local Rev. 986, , ,228 TOTAL REVENUE19,972, ,169, ,395,672 EXPENDITURES Cert. Salaries 10,283,696 10,667,990 Step & Column , ,742 Cost of Living Increase Other Adjustments 259,777 TOTAL CERTIFICATED SALARIES 10,283, ,667, ,783,732 Classified Salaries 2,984,874 3,064,853 Step & Column , ,850 Cost of Living Increase Other Adjustments 61,409 14,180 TOTAL CLASSIFIED SALARIES 2,984, ,064, ,080,703 Employee salaries are only increased by the projected step and column increase for each year. There are NO projections for salary increases included in the multi-year assumptions. School years and have 5 furlough days included in budget. Employee Benefits 4,107, ,024, ,043,331 Books & Supplies 1,223, ,243, ,263,347 Services & Other Op. Expenses 1,823, ,842, ,864,788 Capital Outlay 45, , ,000 Other Outgo 238, , ,949 Indirect Costs (38,051)0.0 (38,052) 0.0 (38,053) Other Financing TOTAL EXPENDITURES20,668, ,104, ,311,797 NET INCREASE/(DECREASE) IN FUND BALANCE (696,187) (935,164) (916,124) Projected Ending Fund Balance (Unrestricted & Restricted) 4,881,823 3,946,658 3,030,534 Ending Fund Balance as a % of Expenditures 23.6% 18.7% 14.2% Multi Year Projection

9 Other Fun Budget Facts Revenue Limit deficit is % (we received 78 cents on the $) Revenue Limit assumes passage of the Governor’s tax initiative equates to $441 per ADA or 1.2 million in lost revenue COLA is added in and which adds 1.4 million to the bottom line ADA is projected to drop 30 for and total loss of $408K Deferred payments will continue. A cash flow was not provided because information is sketchy at best. Other Funds are projected as positive; however Fund 25 is now out of money and Fund 40 will have to pick up all of the COP payment this year.

10 Stay tuned…….. Governor Brown addressing the Legislature

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