Plumas Lake ESD First Interim Report Budget Committee Meeting November 17, 2009

Revenue- “Revenue Limit” REVENUES AND OTHER FINANCING SOURCES Projected Budget 1) Revenue Limit a. Base Revenue Limit per ADA6,597 b. Revenue Limit ADA994 c. Total Base Revenue Limit (a*b)6,560,283 d. Other Revenue Limit (form RL1 lines 6 thru 14)570,998 e. Total Revenue Limit subject to Deficit (sum lines c plus d)7,131,281 f. Deficit factor81.65% g. Deficited Revenue Limit (line e*f)5,822,334 h. Plus: Other adjustments (e.g. basic aid, charter schools object 8015, prior year adjustments objects 8019 and 8099)27,705 i. Revenue Limit Transfers (objects 8091 and 8097)3,238 j. Other adjustments (Form RL1 lines 18 thru 20 and line 41)(251,286) k. Total Revenue Limit Sources (sums lines g thru j)5,601,991 $s we are supposed to earn for each student who attends school every day. Average Student Enrollment times 95% including Charter and SPED Adjustment in RL for beginning teachers salaries and other programs Total we should receive from the State. We only receive 81.65% What we actually are going to receive from the State Approx. $250 per student cut made in July 2009 b/c State did not pass cuts until after finished. Deficited Revenue Limit

Revenue Limit- MYP 0.5% COLA Projected Budget % Projected Budget % Projected Budget REVENUES AND OTHER FINANCING SOURCES 1) Revenue Limit a. Base Revenue Limit per ADA6,5976,6286,770 b. Revenue Limit ADA9940%994 c. Total Base Revenue Limit (a*b)6,560,2836,590,7516,731,704 d. Other Revenue Limit (form RL1 lines 6 thru 14)570,998 e. Total Revenue Limit subject to Deficit (sum lines c plus d)7,131,2817,161,7497,302,702 f. Deficit factor81.65%81.645% g. Deficited Revenue Limit (line e*f)5,822,3345,847,2105,962,291 h. Plus: Other adjustments (e.g. basic aid, charter schools object 8015, prior year adjustments objects 8019 and 8099)27,705 i. Revenue Limit Transfers (objects 8091 and 8097)3,238 j. Other adjustments (Form RL1 lines 18 thru 20 and line 41)(251,286)0% k. Total Revenue Limit Sources (sums lines g thru j)5,601,9915,878,1535,993,234 2% COLA Assumption: 0% Growth in ADA for next 2 years Assumption: No Change in the Deficit Factor Assumption: No continuation of one time cut

Other Revenue Projected Budget % Projected Budget % Projected Budget 2) Federal Revenue: 8100: , % 123, % 123,805 3) Other State Resources: (Resources 0000, 1100, 1300) 912, % 915, % 933,546 4) Other Local Revenue: , % 460, % 467,422 5) Other Financing Sources: , % 42, % 42,250 Federal Revenue is much less than adopted budget due to the change in rules on when to show as revenue. We will not receive the Federal Stimulus Money for SPED, No Title I, less Title II and no Title V. Assumption: No Change in Federal Funding State Categorical Much is now flexible and can be spent as unrestricted $’s County Transfer of SPED $’s, Interest, Facilities Fees Transferring from Fund 52 to pay for CFD expenses such as Lawyer Fees. Assumption: Small COLA

Total Revenue Projected Budget % Projected Budget % Projected Budget 1) Total Revenue Limit Sources (sums lines g thru5,601,9915,878,1535,993,234 2) Federal Revenue: 8100: , %123, %123,805 3) Other State Resources: (Resources 0000, 1100, 1300) 912, % 915, % 933,546 4) Other Local Revenue: , %460, %467,422 5) Other Financing Sources: , %42, %42,250 6) TOTAL REVENUES (K THROUGH 5)7,253, %7,419, %7,560,257 Loss in Revenue due to Deficit -1,308,947 -1,314,539 -1,340,411

Salary Expenditures Projected Budget% Projected Budget % Projected Budget EXPENDITURES AND OTHER FINANCING USES 1) Certificated Salaries - a. Base Salaries3,202,6273,281,412 b. Step & Column Adjustment2.46%$78, %$80, c. Cost-of-Living Adjustment0.00% d. Other adjustments e. Total Certificated Salaries (sums limes a through d) 1000:1999 3,202,627 3,281,412 3,362,135 Teachers move a step each year they have been in the district and can move over a column with more educational units. This means every year our salaries increase. This is the average increase over the last couple of years

Salary Expenditures Projected Budget% Projected Budget % Projected Budget EXPENDITURES AND OTHER FINANCING USES 2) Classified a. Base Salaries1,199,5621,257,741 b. Step & Column Adjustment4.85%58, %61,000 c. Cost-of-Living Adjustment d. Other adjustments e. Total Classified Salaries (sums limes 2a through 2d) 2000:2999 1,199,562 1,257,741 1,318,741 3) Employee Benefits-3000:3999 1,568,926 1,576,026 1,600,229 Classified move a step each year they have been in the district. This means every year our salaries increase. This is the average increase over the last couple of years. This includes the District portion of: Health Benefits ($10,000 per full time employee per year) PERS/STRS (Retirement) FICA Medicare Unemployment Workers Comp. Certificated 13% Classified 23%

Books and Supply Expenditures Projected Budget% Projected Budget % Projected Budget EXPENDITURES AND OTHER FINANCING USES 4) Books & Supplies-4000: , %326, %333,345 Approved Textbooks and Core Materials ,561 Books and Other Reference Materials ,227 Materials and Supplies ,883 Noncapitalized Equipment ,417 New Math Program for K-5 to be purchased this year. California Consumer Price Index. Custodial Supplies Classroom Supplies Office Supplies Fuel for buses/vehicles Reduction in one time expenditures then multiplied by the California Consumer Price Index (1.9%)

Services Expenditures Projected Budget% Projected Budget % Projected Budget EXPENDITURES AND OTHER FINANCING USES 5) Services, Other Operating-5000:59991,179,6701,176, %1,202,446 Subagreements for Services ,969 Travel and Conferences ,923 Dues and Memberships 53004,139 Insurance ,908 Operations and Housekeeping Services ,650 Rentals, Leases, Repairs, and 5600 Non Capitalized Improvements……..107,593 Transfers of Direct Costs Interfund Professional/Consulting Services and 5800 Operating Expenditures……..475,369 Communications ,865 Legal Fees, AERIES, Financial System, IT, SPED (Psych, OT, Behavior), Auditors, etc Mileage for employees, conferences for employees/board Property/Liability Insurance PGE, OPUD, Pest Control, Garbage Copiers, Bus Inspections/ Repairs, Maintenance we can’t do.

Other Outgo Projected Budget% Projected Budget % Projected Budget EXPENDITURES AND OTHER FINANCING USES 7) Other Outgo-(excluding Direct Support/Indirect Costs) 7100:7299, , , ,272 Payments to County Office ,311 Debt Service Interest Other Debt Service Principal5,620 8) Direct Support/Indirect Support: 7300:7399 (17,751) 0.00%(17,751) Indirect costs from Fund 13- Cafeteria Payment to County for SPED services and transportation

Bottom Line Projected Budget% Projected Budget % Projected Budget 6) TOTAL REVENUES (K THROUGH 5) 7,253, % 7,419, % 7,560,257 11) TOTAL EXPENDITURES, TRANSFERS OUT, AND USES (SUM LINES B1 THRU B10) 7,749, % 7,886, % 8,085,418 C. NET INCREASE (DECREASE) IN FUND BALANCE (LINE 16 MINUS B11) OVER EXPENDITURES(495,248)(466,897)(525,161)

Fund Balance Projected Budget% Projected Budget % Projected Budget 1. Net Beginning Fund Balance (form 011, line f1e)2,549,8532,054,6061,587, Ending Balance2,054,6061,587,7091,062, Components fo Ending Fund Balance (Form 011) a. Fund Balance Reserves: 9710: ,100 b. Designated for Economic Uncertainties: ,339394,314404,271 c. Fund Balance Designations: 9775, 97801,664,1651,188,295653,177 d. Undesignated/Unappropriated Balance 9790 e. Total Components of Ending Fund Balance (line D3e must agree with line D2) 2,054,606 1,587,709 1,062,548 C. NET INCREASE (DECREASE) IN FUND BALANCE (LINE 16 MINUS B11) OVER EXPENDITURES(495,248)(466,897)(525,161) Petty CashState Mandated- We are at 5% Please see next page

Fund Balance Projected Budget% Projected Budget % Projected Budget c. Fund Balance Designations: 9775, 97801,662,0541,188,295653,177 Certificates of Participation476,315 Charter ADA Issues186,511 Reserved for and Budget473,717 Lottery Unrestricted366,867 ARRA:SFSF Salaries129,098 Medical Billing605 English Language Acquisition Program7,677 Lottery Instructional Materials4,459 CAHSEE487 Economic Impact Aid411 Ongoing Major Maintenance18, ,682 These 3 make up our Spendable Reserve= $969,682 If Fund 25 can not pay for our COP the General Fund is responsible. Wheatland HS MOU- Possibly a liability of up to $591,000.

Fund Balance Bottom Line Projected Budget% Projected Budget % Projected Budget 6) TOTAL REVENUES (K THROUGH 5) 7,253, % 7,419, % 7,560,257 11) TOTAL EXPENDITURES, TRANSFERS OUT, AND USES (SUM LINES B1 THRU B10) 7,749, % 7,886, % 8,085,418 C. NET INCREASE (DECREASE) IN FUND BALANCE (LINE 16 MINUS B11) OVER EXPENDITURES(495,248)(466,897)(525,161) If we used our Spendable Reserve for the next 2 years.$969,682502,785(22,376)