1. BONITA UNIFIED SCHOOL DISTRICT 2015-2016 SECOND INTERIM REPORT March 9, 2016

2. Purpose and Description
State requirement, and reflects budget and actual revenue and expenditures from July 1, 2015 through January 31, 2016
Contains changes since First Interim
Certified by School Board, reviewed by LACOE, and submitted to CA Dept. of Education
All funds
Multi-year projections for &

3. The Budget Reporting Cycle
Adopted
LCAP &
Budget
( )
Unaudited Actuals
1st Interim Financial Report
Governor’s Budget Proposal
2nd Interim Financial Report
May Revise
Preliminary LCAP & Budget
Adopted LCAP &
( )
September
May & June
LCAP
December
January
May
March
We Are Here

4. Budget Assumptions

5. 2015-2016 second INTERIM REPORT ASSUMPTIONS
Average Daily Attendance
9,831
9,935
9,945
9,955
Total Enrollment
10,160
10,268
10,278
10,288
Unduplicated Pupil Count
3,826
3,858
+104
+108
+32
STRS % % %
PERS % % %

6. 2015-2016 second INTERIM REPORT ASSUMPTIONS
GAP % Funding
30%
51.97%
49.08%
45.34%
State Categorical COLA for Special Education Funding
0.85%
1.02%
0.47%
2.13%
Lottery – Unrestricted
Lottery - Restricted
$128
$34
Mandate Block Grant – K-8
Mandate Block Grant – 9-12
$28
$56
One-Time Mandate Funding
$180
$529
$214 $0
STRS % % %
PERS % % %

7. 2015-2016 second INTERIM REPORT ASSUMPTIONS
STRS Rates
10.73%
12.58%
14.43%
PERS Rates
11.847%
13.05%
16.6%
Health & Welfare Cap Increase
$500 $0
STRS % % %
PERS % % %

8. 2015-2016 General Fund Budget Information

9. 2015-2016 general fund revenues (in millions)
Total Revenues
$101.5
Title I, II, III, IDEA,
Perkins, Medi-Cal
Mandated Costs,
Lottery, Mental Health
Educator Effectiveness
Rents, Interest,
Donations, SELPA
Home-to-School
Transportation

10. 2015-2016 GENERAL FUND EXPENDITURES (in millions)
Total Expenses
$100.7
TOTAL
SALARIES
& BENEFITS
$78.1
77%

11. Unrestricted General Fund Changes
First Interim
Second Interim
Change
Revenue
$79.5 million
$79.9 million
$400,000
Increase for additional donations made to the district
Expenditures
$77.0 million
$78.6 million
$1.6 million
$1.0 million for textbooks/instructional materials
$500,000 for technology purchases
$100,000 for expenditures related to donations
Excess of Revenues over Expenditures
$2.5 million
$1.3 million
($1.2 million)

12. Restricted General Fund Changes
First Interim
Second Interim
Change
Revenue
$21.6 million $0
No changes
Expenditures
$22.6 million
$22.1 million
($500,000)
Expenditures for Educator Effectiveness Grant were reduced and will be budgeted in and
Excess of Revenues over Expenditures
($1.0 million)

13. Multi-Year projections

14. State drop due to one time mandate money

15. 2015-2016 Expenditures $100.7 million 2016-2017 Expenditures
Orange - Debt Service & IDC – same
Purple - Capital Outlay – decrease in due to no carryover
Pink - Services – Increasing in out years because of CPI (2.5% in and 2.9% in 17-18)
Aqua – Books & Supplies – Decreasing due to no carryover and reduced one-time money and then increasing it for CPI
Lime green – Benefits increasing for additional salary costs for step& col and vacancies reinstated in and for STRS & PERS increase
Yellow & Blue – Classified and Certificated salaries increase in for vacancies and step and col for both years out
Overall unrestricted carryover ($410k) and unrestricted one-time money ($1.5m); restricted carryover ($1m) and restricted educator effectiveness grant ($673k)
Expenditures
$100.7 million
Expenditures
$98.4 million
Expenditures
$100.8 million

16. General Fund Ending Balance
Beginning
Balance
Revenues
Expenditures
Ending Balance

17. ENDING GENERAL FUND BALANCES
(in millions)
Total Revenues
$ 101.5
$ 101.0
$ 102.0
Total Expenditures
($ 100.7)
($ 98.4)
($ 101.0)
Excess (Deficiency) of Revenues over Expenditures
$ .7
$2.6
$ 1.1
Beginning Fund Balance
$ 11.2
$ 11.9
$ 14.6
Ending Fund Balance
$ 15.7
Revenue decrease for decrease in 1x $ mandated money, 1x $ educator effectiveness grant, Ca Energy Commission
Expenditures increase for step and column, vacancies re-budgeted, increase STRS & PERS,

18. COMPONENTS OF ENDING GENERAL FUND BALANCE %
Non-Spendable:
Revolving Cash
Stores
$90,000
$29,000
0.09
0.01
Restricted
$.5 million
0.5
$.3 million
0.3 -
Reserve for Economic Uncertainties
$3 million
3.0
Assignments:
Textbooks
One-time
Technology
Facilities
LCFF Reserve
$1 million
$.2 million
$.6 million $0
1.0
0.2
0.6
$4.1 million
4.2
$2.8 million
2.8
Unassigned Amounts
$6.0 million
6.0
$5 million
5.1
$7.6 million
7.6
Ending Balance
$ 11.9 million
11.9
$ 14.6 million
14.8
$ 15.7 million
15.6
Revenue decrease for decrease in 1x $ mandated money, 1x $ educator effectiveness grant, Ca Energy Commission
Expenditures increase for step and column, vacancies re-budgeted, increase STRS & PERS,

19. OTHER FUNDS
Facilities
School Age Care
Food Services

20. 2015-2016 Other Funds Child Dev. Fund 12 Cafeteria Fund 13
Building Fund
Fund 21
Revenues
$ 2,527,000
$ 2,282,100
$ 200,000
Expenditures
($ 2,533,850)
($ 2,304,165)
($ 23,564,244)
Excess (Deficiency)
($ 6,850)
($ 22,065)
($ 24,216,983)
Beginning Balance
$ 451,340
$ 223,070
$ 36,374,586
Ending Balances
$ 444,490
$ 201,005
$ 12,357,603

21. 2015-2016 Other Funds Capital Facilities Fund 25 Special Reserves
Capital Projects
Fund 49
Revenues
$ 350,500
$ 1,250
$ 809,000
Expenditures
($ 1,111,426)
($ 83,361)
($ 928,547)
Excess (Deficiency)
($ 794,001)
($ 82,111)
($ 119,547)
Beginning Balance
$ 2,595,202
$ 532,694
$ 2,739,876
Ending Balances
$ 1,801,201
$ 450,583
$ 2,620,329

22. Next Steps
Submit Positive Certification of Second Interim to the Los Angeles County of Education
May - Attend School Services of California Conference on Governor’s “Revised” Budget Proposals
June - present the Preliminary Budget Report with the projected budgets for and , along with the estimated actual amounts

23. THANK YOU