2016-2017 Budget Adoption (Updated) Revenue (Total: +/-0.0%) No Changes Expenses: (Total: +1.95%; $146k) Certificated Salaries: +0.245% (budgeted estimated Step 1  3 for open HS English position; Arena Elem. 4-hr. Para step adjustment 4  5) (Total: +$5.9k) Classified Salaries: +7.56% (Added ‘3% between steps’ impact; Mechanic step adjustment 14  5; Account. Tech. step adjustment 2 4) (Total: +$110k) Benefits: +1.46% (in tandem with above salary changes; PERS rate adjustment for approximately 7 employees left off of June 8 budget proposal 13.05%  13.88%) (Total: +$27.7k) Bks/Supplies and Svcs/Ops: -0.46% (slight District Office estimated supply decrease; slight restricted supplies & services estimated decreases due to restricted classified salary increases with no change to the related restricted revenues) (Total: -$3.2k) Transfers Out: +1.98% (Added ‘3% between steps’ impact for those Preschool & Cafeteria employees affected) (Total: +5.5k) *Note: the contents of this slide contain projected information, which are estimates at the time of preparation and subject to change based on future events and updates. June 22, 2016 Board Meeting - LCAP/Budget Adoption

Point Arena Schools 2016-17 Budget Adoption Projected Excess/(Deficit) Controlling for Estimated One-time Revenues & Expenses *Note: the contents of this slide contain projected information, which are estimates at the time of preparation and subject to change based on future events and updates. June 22, 2016 Board Meeting - LCAP/Budget Adoption

2016-2017 Budget Adoption & Multi-Year Projections Proposed Multi-Year Budget 2016-17 2017-18 2018-19 Taxes 5,714,115 5,771,257 5,828,969 Charter Cash in Lieu (581,359) LCFF/EPA 780,977 Federal Revenue 401,650 State Revenue 572,529 536,767 451,049 Local Revenue 511,545 Transfers In 62,162 Total Revenues 7,461,619 7,482,998 7,454,993   Expenses Cert Salaries 2,386,114 2,417,340 2,449,187 Class Salaries 1,590,034 1,626,978 1,662,452 Emp Benefits 1,970,175 2,087,949 2,175,741 Books/Supplies 447,741 502,411 520,635 Services & Ops 1,004,360 971,860 856,384 Capital Outlay 287,915 151,436 - Other Outgo 2,285 Transfers Out 272,984 282,569 289,376 Total Expenses 7,961,608 8,040,542 7,953,775 Excess/(Deficit) (499,988) (557,544) (498,783) Beginning Fund Balance 2,557,937 2,057,949 1,500,405 Ending Fund Balance 1,001,622 Multi-Year Assumptions: Taxes: +1% projected increase year-over-year LCFF/EPA: – Flat Federal: – Flat State: – 16-17: Less One-Time Mandated-related Funds (-$88k); Plus estimated CTEIG grant 50% apportionment (+$52k); 17-18: Less no Prop39 funds estimated (-$86k). Local: - Flat Transfers In: Flat Salaries: + step increase Benefits: in tandem with salary increases plus future STRS & PERS rate increases Books/Supplies: 17-18 Plus CTEIG grant $1.5:$1 match (+$55k); 18-19 Plus CTEIG grant $2:$1 match (+$73k). Service/Ops: 17-18 Less decreased NTN fee (-$7.5k); less no budgeted Prop39 consultant fees (-$25k); 18-19 Less decreased NTN fee (-$100.2k); less no budgeted Ed. Effect. Exp.s (-$15.3k) Capital Outlay: Less reduction in estimated Prop39 related exp.s (-$176k); plus est. AE painting (+$40k) Transfers Out: Salary/benefit changes in other funds (ie. Preschool & Cafeteria) *Note: the contents of this slide contain projected information, which are estimates at the time of preparation and subject to change based on future events and updates. June 22, 2016 Board Meeting - LCAP/Budget Adoption

Projected Expenditures 2016-2017 Projected Revenues 2016-2017 Projected Expenditures Projected Revenues = $7,461,619 Projected Expenditures = $7,961,608 *Note: the contents of this slide contain projected information, which are estimates at the time of preparation and subject to change based on future events and updates. June 22, 2016 Board Meeting – LCAP/Budget Adoption

2016-17 Budget Adoption Components of Ending Fund Balance *Note: the contents of this slide contain projected information, which are estimates at the time of preparation and subject to change based on future events and updates. June 22, 2016 Board Meeting - LCAP/Budget Adoption

June 22, 2016 Board Meeting - LCAP/Budget Adoption *Note: the contents of this slide contain projected information, which are estimates at the time of preparation and subject to change based on future events and updates.

June 22, 2016 Board Meeting - LCAP/Budget Adoption Other Considerations Taxes: Property tax revenues may fluctuate throughout the year – we receive property tax updates from both Mendocino & Sonoma Counties at P1 (Fall), P2 (Spring), and Final (Summer). Timing of Prop 39 funds and expenses will vary due to pending California Department of Education cash allocation timing, as well as prioritization & execution of related projects. Budgeted Prop 39 revenue and expense amounts are based on timing estimates. Some expenses may end up in other categories (ie. Materials/Supplies, Service & Operations) in addition to the current budgeted categories, Capital Outlay and Service & Operations. Local Revenue: Typically receive higher than budgeted based on unknown one-time donations/funding at budget adoption. *Note: the contents of this slide contain projected information, which are estimates at the time of preparation and subject to change based on future events and updates. June 22, 2016 Board Meeting - LCAP/Budget Adoption

Prop 39 Funds Summary Assumptions – 2016-17 Budget Adoption *Note: the contents of this slide contain projected information, which are estimates at the time of preparation and subject to change based on future events and updates. June 22, 2016 Board Meeting - LCAP/Budget Adoption