1. District Budget Advisory Committee
August 30, 2017

2. Agenda Overview of PUSD Funds District’s Operating Fund (General Fund)
Revised Budget
Multi-Year Projections

3. Fund Types
Poway Unified School District uses 16 different major funds.
Special Revenue Funds (5)
Capital Projects Funds (5)
Debt Service Funds (2)
Proprietary Funds (2)
Fiduciary Funds (1)
Operating Fund (1)

4. Special Revenue Funds
Account for proceeds from a specific revenue source that are restricted or committed.
Fund 11 – Adult Education Fund
Fund 12 – Child Development Fund
Fund 13 – Cafeteria Fund
Fund 14 – Deferred Maintenance Fund
Fund 17 - Special Reserve Fund for Other Than Capital Outlay Projects (Extension of General Fund)

5. Capital Projects Funds
Financial Resources to be used for the acquisition or construction of major capital facilities or other capital assets.
Fund 21 – Building Fund (Prop. 39/Bonds)
Fund 25 – Capital Facilities Fund (Developer Fees)
Fund 35 – County School Facilities Fund
Fund 40 – Special Reserve Fund for Capital Outlay Projects
Fund 49 – Capital Projects Fund for Blended Component Units (Mello-Roos CFD’s)

6. Debt Service Funds
Accumulation of resources for the payment of bond - principal and interest.
Fund 51 – Bond Interest and Redemption Fund (Maintained by County Auditor for Fund 21)
Fund 52 – Debt Service Fund for Blended Component Units (Mello-Roos CFD payments)

7. Proprietary Funds Fund 63 – Enterprise Fund
Used to account for programs that are financed and operated in a manner similar to private business enterprises.
Fund 67 – Self Insurance Fund
Workers’ Compensation
Deductible Insurance Loss

8. Fiduciary Funds Fund 73 –Private-Purpose Trust Fund
Gifts or bequests that benefit individuals, private organizations, or other governments
Formal trust agreements (e.g. – OPEB)

9. Operating Fund Fund 01 - General Fund
Accounts for ordinary operations of District
All transactions except those accounted for in another fund.
Unrestricted and Restricted Programs
Resource : Unrestricted
Resource : Requires special reporting
Resource : Federal Programs
Resource : State Programs
Resource : Local Programs

10. General Fund - Revenues
Unrestricted (Resource )
Restricted (Resource )
Local Control Funding Formula (0000)
NCLB: Title I (3010)
Supplemental LCFF( )
Special Ed: IDEA Basic (3310)
Mandated Block Grant (0425)
NCLB: Title II (4035)
Unrestricted Lottery (1100)
Lottery: Instructional Materials (6300)
Education Protection Account (1400)
Special Education – State (6500)
Donations (0100)
Restricted Maintenance Account (8150)
Fiscal impact from “under-funded” programs*
Special Education - $38.5 million
Transportation(Regular Ed and Special Ed) - $9.2 million
Routine Restricted Maintenance - $10.2 million
Career Technical Education (CTE) - $2.4 million
* Based on Budget

11. General Fund - Expenditures
Description
Certificated Salaries
Object 1xxx
Teachers
Librarians, Counselors, Psychologists, Nurses, Program Specialists
Administrators
Other Certificated (Teachers on Special Assignment, Teachers on Loan, Beginning Teachers Support and Assessment)
Classified Salaries
Object 2xxx
Clerical, Technical, Office Staff
Custodians, Bus Drivers, Mechanics, Maintenance Workers
Department Managers

12. General Fund - Expenditures
Description
Employee Benefits
Object 3xxx
State Teachers Retirement System (STRS)
Public Employee Retirement System (PERS)
Social Security, Medicare
Unemployment
Worker’s Compensation
Health and Welfare
Books and Supplies
Object 4xxx
Textbooks
Reference material
Office Supplies, Classroom Supplies
Services & Other Operating Expenditures
Object 5xxx
Utilities
Insurance
Professional/Consulting Services
Rentals, Leases, Repairs
Travel, Conferences, Dues, Memberships
Capital Outlay
Object 6xxx
Site Improvements
Building Improvements
Capitalized Equipment

13. Revenues – General Fund Combined
Revised Budget
Revenues – General Fund Combined
Total Revenues, Transfers In, and Other Sources = $358,264,299

14. Expenditures – General Fund Combined
Revised Budget
Expenditures – General Fund Combined
Total Expenditures, Transfers Out and Other Uses = $370,934,883

15. 3-year Multi-Year Projection Combined General Fund *
Projected Revenues and Other Sources
$358,264,299
$361,285,161
$368,344,046
Projected Expenditures and Other Uses
Proposed Reductions in
Proposed Reductions in
Projected Expenditures &
Other Uses after Reductions
$370,934,883
____________
$384,023,589
($8,000,000)
___________
$376,023,589
$396,142,752
($6,300,000)
$381,842,752
Net Activity [Surplus/(Deficit)]
($12,670,584)
($14,738,428)
($13,498,706)
Beginning Balance **
$65,560,508
$52,889,924
$38,151,496
Projected Ending Balance
$24,652,790
Projected Reserve Level
14.3%
10.1%
6.5%
* July Revised Budget
** Beg Bal - updated based on Unaudited Actuals