1. Ramona Unified School District Board of Trustees June 17, 2008
Budget Adoption
Ramona Unified School District
Board of Trustees
June 17, 2008

2. Purpose
To approve the July 1st Budget for as required by California Education Code
Required to submit to San Diego County Office of Education by July 1st

3. District’s Projected Financial Position
May Rev. Exp Deficit
52,229, ,530,103 (1,300,477)
June Rev. Exp Deficit
53,186, ,617,527 ( 430,528)
Does not take into account any potential site, department or categorical carryover from current year

4. 2007-2008 Ending Balance 2007-2008 Estimated Actuals $1,960,773
set aside $ 800,000
Recapture site/dept. budgets $ 208,592
Line item revisions $ 515,000
Revenue adjustments $ 209,000
Vacation Balance $ 228,181

5. Changes of the May Revise
Zero COLA to Revenue Limit $835,789
Additional Revenues to Special Ed $ 47,234
Dollars are set aside as part of ending balance
Local Changes
Addition of 9th Grade Math Class Size Reduction
Corresponding staff for added sections of math
Reduction to lottery revenue due to lower sales and, thus, lower projected revenues

6. Assumptions Zero percent COLA increase
6.5% reduction to categorical programs
K-3 & 9th Grade Class Size Reduction
Transportation
Economic Impact Aid
Carl Washington Safety Grant
School & Library Improvement Block Grant

7. Assumptions ADA of 6,451, which is P2 for 2007-2008
Health and Welfare 17% increase
Utilities 10% increase
Site Department budgets at current funding levels
Step and Column increases with retirees incorporated into the budget

8. Assumptions
Personnel Staffing Units (P.S.U.) at current levels, adjusted by site, based upon (increase or decrease) enrollment projections
The effect of reduction of force for Certificated, Classified, and Administrative Leadership Team is incorporated into the budget

9. Assumptions
No carryover in any budget

10. Assumptions Open positions in the budget
Retirees and enrollment projections create a need for positions to be filled
10 FTE open positions to be filled
2 Math positions, at RHS, to facilitate implementation of 9th Grade Math CSR – no impact on general fund
Open positions represent approximately $780,000

11. Assumptions – May Revise
May Revise revenue enhancements based upon either lottery or sales taxes
Senate and Assembly budget committee recommends increasing revenues for education, however, did not identify revenues to support enhancement
The true budget reality for might not occur until after the November election or later
Remember and post-election mid-year cut proposals

12. Assumptions – May Revise
At this time, it would appear the school district will be provided some budget flexibility
Flexibility with Routine Restricted Maintenance Account and local match of Deferred Maintenance
Allows a decrease of the required 3% set-aside for RRMA to 2%
Reserve match for deferred maintenance until such time as budget picture clarification
Flexibility of both equates to $736,000, creating a reserve, or offset, against other expenditures in the remote chance that State revenues are less than anticipated in the current budget scenarios – Jan/May
Foregone capital improvement projects
Painting OPMS, Old RHS gym
Auto shop roof
Internet switches
Carpet
Others

13. Assumptions – May Revise
Dollars for projects would be held until final State finan-cial picture is clear, which could mean delay of projects until January 2009 and in many cases until June 2009
Creating a reserve fund and committing to not spending the set-aside until the budget picture solidifies will allow the district to fill 10 open positions and to move forward with implementing 9th Grade class size reduction – Please note the revenues to fill the two necessary CSR positions will come from new 9th Grade CSR funding and CAHSEE already received by the district – no impact in the general fund
Adoption of the budget as presented anticipates that staff will fill the 12 positions referred above and create a revenue reserve through a spending freeze on maintenance projects

14. Conclusion This is the beginning of the 2008-2009 fiscal year process
We have a balanced budget as we start…..
The closing numbers are what matter the most

15. Other Funds Adult Education Food Services Revenues $80,175
Expenses $67,928
Ending Balance $72,263
Food Services
Revenues $2,125,200
Expenses $2,133,650
Ending Balance $520,532

16. Other Funds Deferred Maintenance Capital Facilities (Dev. Fees)
Revenues $266,204
Expenses $265,000
Ending Balance $567,561
Capital Facilities (Dev. Fees)
Revenues $450,000
Expenses $230,000
Ending Balance $4,036,589

17. Other Funds Health Ben. Fund (Fund 16) Required Reserve Fund (17)
Revenues $536,000
Expenses $535,000
Ending Balance $391,943
Required Reserve Fund (17)
Revenues $150,000
Expenses $150,000
Ending Balance $3,067,165