RIM OF THE WORLD UNIFIED SCHOOL DISTRICT REPORT OF ENROLLMENT AND UNAUDITED ACTUALS

Purpose of Report - Review data related to: Enrollment Attendance Unaudited Actuals July 1, 2017 – June 30, 2018 Various financial assumptions Multi–Year Projections Revised Budget Update September 15 Unaudited Actual Data, including Gann is due to the County Office of Education per Education Code: 42100(a), GC 7906(f)

DISTRICT Goal VI: Budget, Infrastructure, and Resources: The District prioritizes and allocates resources effectively to support all goals while maintaining fiscal responsibility and building sustainability.

Fiscal practices and protocols that support the district’s Fiscal Solvency Plan and operations Alignment of the Local Accountability Plan (LCAP) and Budget to the eight priority areas. Maintain our required 3% reserve for economic uncertainties. Monitor position control with Personnel services and align staffing to enrollment to schools. Continue monthly reporting to the Board of Trustees on cash flow, budget, and student enrollment. Continuing review of expenditures and working with Departments and School Site Administration to address needs.

REVIEW: 2017-18 Enrollment

REVIEW: 2017-18 ADA

Current year decline – 118; 3.5%; 5 year average - 135

Local Control Funding Formula (LCFF) Governor Brown proposed an 8 year funding model Full implementation was planned by 2020-21. Full implementation is now effective in the 2018-19 fiscal year. The goal was to bring districts to 2007-08 funding levels This does not fund increases in operating costs out of the control of school districts i.e.: STRS and PERS increases LCFF is an allocation method to distribute funds to school districts. The allocation of total LCFF dollars are comprised of: A school Districts ADA The percent of students identified as UPP (Low Income, Foster Youth, Homeless and English learner) Grade Span adjustment funds for students in TK-3 and 9-12

2017-18 Local Control Funding Formula (LCFF) Funding amounts by grade span (calculated at target) Grade span Funding per ADA within LCFF Base GSA Total Grades TK-3 $7,193 $748 $7,941 Grades 4-6 $7,301 Grades 7-8 $7,518 Grades 9-12 $8,712 $227 $8,939 Supplemental Grant (100% UPC) $1,585 (Average) RIM’s Average based on UPP% $864 Concentration Grant (>55% population) $3,902 (Average) – DOES NOT APPLY TO RIM SCHOOL DST

2017-18 Local Control Funding Formula (LCFF) Funding amount by ADA specific to RIMUSD Total $9,152 Base 7,596.16 GSA 274.56 Supplemental 823.68 Add on’s (TIG/Trans) 457.60 BASE DOLLARS ADA PER DAY - $42.20 Note: 1% growth in ADA equals approximately $300k districtwide

Improvements to 2017-18 Budget: Rim received $480,530 in One-time funds; in 18/19 one-time funds have been reduced and additional monies allocated to BASE LCFF. $56,013 was received in Federal Forest Reserve apportionment. Increase of Lottery apportionment of $85,681. The county treasury pool did very well, Rim’s interest revenue increase by $58,352. Total amount received in the General Fund was $109,353. Utilization of Restricted Funds to fund AVID courses, a percentage of ROP salaries, Homeless liaison, technology, BTSA, and repairs. AVID, technology, ROP are ongoing charges to restricted and no longer budgeted as unrestricted expenses. Erate funds reimbursed the district over $30k in contracted services. Districtwide reduction in spending including; repairs, consultants, uniforms, supplies and services, reduction in certificated and classified salaries and payroll expenses. Reduction in utility expenditures by 4.5%. Transfer of $247,801.73 of Special Education SELPA fee’s to Restricted Mental Health Carryover in addition to a refund from the SELPA for services previously charged to the district. Reduction of the contribution of CNS of $68,110.41

LCFF Revenue

2017-18 Expenditures by Major Category

Utilities

Routine Repair and Maintenance Through 2019-20 the minimum contribution to the Routine Repair and Maintenance account is the greater of 2% of our total General Fund expenditures or the lesser of our 2014-15 contribution vs 3% of our General fund reserves. The district’s mandatory contribution is our 2014-15 contribution of $1,056,473. The State no longer funds Deferred Maintenance. Priorities are determined by inclusion in the district’s LCAP.

Home to School Transportation – Reg Ed

Special Education (does not include MH) NOTE: THE DISTRICT RECEIVES NO STATE OR FEDERAL FUNDS FOR SPECIAL ED TRANSPORTATION

Next steps: Continue to monitor enrollment and attendance; continue with attendance incentives 2017/18 Year end audit will be performed in November First Interim will be presented December 6th Multi-year assumptions will be revised as our situation changes The District will continue to collaborate with employees regarding funding scenarios for the current and future years