1. Lodi Unified School District 2014-15 Proposed Budget
Lodi Unified School District Proposed Budget Public Hearing -June 17, 2014
12/7/2018

2. What is a Budget?
In its simplest form: A proposed plan for revenues and expenditures for the following fiscal year.
In typical form: A proposed plan for revenues and expenditures in a format that meets county and state requirements.
In optimum form: A policy document to reflect the philosophy of the Board, the Administration, & the Education Community within the resources available.
A financial plan: To show where you've been and where you are going.
An operations guide: To guide administrative decisions and actions throughout the year. It is a living document that changes.
A communications device: To share with the community the fiscal strengths and challenges of the instructional program.
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3. Budget Process
December – Enrollment Projections and Staffing Ratios are determined for the Budget Year. LCAP process begins for Stakeholders input and/or review.
April 1st – Roll current year Board approved Unrestricted budgets AND Position Control into Budget Development.
April – Remove One Time funds from proposed budget, such as, carry over and donations. Adjust school site budgets to reflect new year allocations.
April - May – Analyze all Other Funds and Restricted budgets to determine if funds are continuing. Work with Program Managers to plan budgets for specialized programs.
May – The LCAP is reviewed by the (Parent Advisory Committee) PAC and English Language Learners Advisory Committee) ELAC.
May – LCFF calculations are finalized with the County Office for the upcoming budget year and 2 subsequent years.
May – Estimated Beginning Fund Balance for the budget year is projected. The 3 year Multi Year Projection is completed with all known revenue and expenditure changes, including bargaining unit agreements.
June – All funds and resources are balanced. Data is uploaded into the State SACS reporting software. Technical Review Checks are processed and the Criteria and Standards, along with County required Assumptions, are also completed.
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4. Proportionality\Supplemental $ 19, 795,839
Local Control Funding Formula
Transition Model
Lodi Unified School District
Local Control Funding Formula Target $261,678,013
Fully Funded Amount
Transition Base Funding $181,671,872
Difference Target – Transition $ 80,006,141
(Difference) $80,006,141 X 28.05% $ 22,441,721
Adult Ed Transfer $ (1,167,809)
Total Entitlement $202,945,784
Proportionality\Supplemental $ 19, 795,839
Base including GSA and CTE $ 184,317,755
12/7/2018

5. Budgeted On-Going Cost 2014-15
5 Days $5,783,070
Class Size Reduction
K-6 Avg. K-3 24: :1 $2,347,877
7-12 Avg. 32:1 $2,510,000 
2% Salary Restoration $3,077,260
Step & Column Recovery $2,340,100
Step and Column $1,200,000
2.5 Staff Development Days $1,927,690
CTE (ROP Maintenance of Effort) $ 750,000
PERS & STRS $1,538,630
Routine Restricted Maintenance $1,000,000
Total $22,474,627
New Expenditures $ 3,817,323
Total $26,291,950
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6. Estimated Budget Total Revenue $246,789,606
Total Expenditure $250,978,960
Deficit with transfer out ($4,189,354)
Note: Deficit Spending will be covered through restricted Ending Fund Balance.
12/7/2018

7. LCAP Section 3A
What annual actions, and the LEA may include any services that support these actions, are to be performed to meet the goals described in Section 2 for ALL pupils and the goals specifically for subgroups of pupils identified in Education Code section but not listed in Table 3B below (e.g., Ethnic subgroups and pupils with disabilities)? List and describe expenditures for each fiscal year implementing these actions, including where these expenditures can be found in the LEA’s budget. 3A
3A Totals
23,589,205
31,441,020
33,808,464
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8. LCFF Section 3B
Identify additional annual actions, and the LEA may include any services that support these actions, above what is provided for all pupils that will serve low-income, English learner, and/or foster youth pupils as defined in Education Code section and pupils redesignated as fluent English proficient. The identified actions must include, but are not limited to, those actions that are to be performed to meet the targeted goals described in Section 2 for low-income pupils, English learners, foster youth and/or pupils redesignated as fluent English proficient (e.g., not listed in Table 3A above). List and describe expenditures for each fiscal year implementing these actions, including where those expenditures can be found in the LEA’s budget. 3B
3B Totals
5,160,784
6,598,770
7,128,226
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9. Revenue $246,789,606
See Budget book Revenue Second green tab
Other State: CSR hourly Lottery
Federal Title 1 Special Ed
Other interest special Ed transfer apportionment After school
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10. Expenditure $249,132,435 12/7/2018 See second blue tab
1000 Certificated Personnel
2000 Classified Personnel
3000 Benefits
4000 Supplies
5000 Contracted Services
6000 Capital Items
7000 Net Indirect & Debt Service
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11. Multi-Year Comparison Revenue \Expenditures\ Ending Fund Balance
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12. Enrollment by Year
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13. Enrollment by Grade
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14. Enrollment by Grade
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15. Components of Ending Fund Balance
Revolving Cash $ 120,000
Stores $ 275,000
Prepaid Expense $ 200,000
Restricted Reserve $4,512,440
Contingency Reserve $ 250,000
Instructional Materials $1,000,000
Programmatic Reserve $ 205,633
Unforeseen Special Education $2,000,000
Carry Over Reserves $2,500,000
Deficit Spending $5,416,880
Grade Span Adjustment $7,924,030
State Required 3% $7,550,000
Ending Fund Balance $31,953,983
12/7/2018

16. Special Thanks
Angel Murnan, Director of Budgets, and the Budget Department
Maria Fong, Controller, and the Accounting Department
And,
to the Board of Education
Bring together All Division needs and puts in budget form Carries philosophies into budget form
Put the segments together in booklet form very last minute
12/7/2018