1. Brian McDonald, Superintendent
June 22, 2017
Original Budget
Brian McDonald, Superintendent
Bernadette Y. Griggs, Chief Business Officer

2. Mr. Roy Boulghourjian, President Mr. Lawrence Torres, Vice President
Original Budget
BOARD OF EDUCATION
Division: Business Services
Mr. Roy Boulghourjian, President
Mr. Lawrence Torres, Vice President
Mr. Patrick Cahalan, Member
Dr. Elizabeth Pomeroy, Member
Ms. Kimberly Kenne, Member
Mr. Scott Phelps, Member
Ms. Michelle Richardson Bailey, Member
Our Children • Learning Today • Leading Tomorrow

3. Overview of Information Presented:
Original Budget
INTRODUCTION
Division: Business Services
Overview of Information Presented:
Budget Assumptions
General Fund Revenues
General Fund Expenditures
Our Children • Learning Today • Leading Tomorrow

4. Our Children • Learning Today • Leading Tomorrow
Original Budget
INTRODUCTION
Division: Business Services
Multiyear Projections (MYP)
Other Funds Summary
State Forms
Budget is being presented to the board for approval for submission to LACOE by June 30, 2017
Our Children • Learning Today • Leading Tomorrow

5. Our Children • Learning Today • Leading Tomorrow
Original Budget
FY18, FY19, FY20 Assumptions
Division: Business Services
Category
Adopted
Second Interim
Estimated Actuals
Original
Projected
 Projected Enrollment
 16,825
17,022
16,852
16,683
16,516
Funded ADA
16,356
16,408
16,386
16,280
16,119
15,957
Supplemental & Concentration
LCFF Total
68.48%
$23,335,137
$153,826,182
67.31%
$22,774,364
$153,585,097
67.32%
$22,807,762
$153,569,223
65.66%
$23,358,584
$155,627,296
64.72%
$23,435,909
$158,536,659
$23,686,430
$160,918,672
GAP Funding
54.84%
$8,020,090
54.47%
$7,303,087
55.03%
$7,452,826
43.97%
$2,910,412
71.53%
$4,238,141
$73.51%
$3,763,343
Base Lottery
$2,388,803
$2,454,168
$2,451,168
$2,426,688
$2,402,352
$2,378,304
One Time/
Mandated Cost
$4,509,371
$4,083,038
$4,092,047
$2,947,251
$587,015
COLA 0%
1.56%
2.15%
2.35%
Step & Column
Approx. 1%
$923,845
$300,000
$802,223
$801,377
$775,890
PERS
13.88%
15.531%
18.10%
20.80%
STRS
12.58%
14.43%
16.28%
18.13%
SPED Contribution
$21,000,000
$23,951,919
$26,215,077
$26,762,829
Our Children • Learning Today • Leading Tomorrow

6. Our Children • Learning Today • Leading Tomorrow
Original Budget
FY18, FY19, FY20 Assumptions
Division: Business Services
Additional Notes:
Restricted programs have been adjusted for those grants and programs that are scheduled to end in the next two fiscal years
Assumptions do not include any salary increases for the next two years are included
Some vacant positions have been funded
Our Children • Learning Today • Leading Tomorrow

7. Total General Fund Revenues
Original Budget
Total General Fund Revenues
Division: Business Services
LCFF
$ 155,627, %
Federal Revenue
17,582, %
Other State Revenue
27,799, %
Other Local Revenue
5,196, %
Total Revenues
$ 206,205, %
Our Children • Learning Today • Leading Tomorrow

8. Total General Fund Expenditures
Original Budget
Total General Fund Expenditures
Division: Business Services
Certificated Salaries
$ 79,766,309
37.63%
Classified Salaries
37,467,312
17.68%
Employee Benefits
52,835,140
24.96%
Books and Supplies
7,027,538
3.32%
Services, Other Operating Expenditures
35,127,307
16.57%
Capital Outlay
105,000
.04%
Other Outgo
( 352,934)
(.17%)
Total Expenditures
$ ,975,672
100.00%
Our Children • Learning Today • Leading Tomorrow

9. Combined Multiyear Revenue & Expenses
Original Budget
Combined Multiyear Revenue & Expenses
Division: Business Services FY FY FY  
 Description
Original Budget
Estimated Actuals
Projected Budget
Beginning Balance
$10,447,338
$19,131,138
$16,462,480
$10,692,438
$9,428,815
Revenues
$210,288,148
$213,776,004
$206,205,630
$204,538,251
$204,383,281
Expenditures
$210,120,822
$216,444,662
$211,975,672
$205,801,874
$207,440,779
Net Revenue & Expenditures
$167,326
($2,668,658)
($5,770,042)
$(1,263,623)
($3,057,498)
Estimated Fund Balance
$10,614,664
$6,371,317

10. COMBINED GENERAL FUND – FUND BALANCE ANALYSIS
Original Budget
Combined Multiyear Fund Balance
Division: Business Services
COMBINED GENERAL FUND – FUND BALANCE ANALYSIS  
Original Budget
Estimated Actuals
Projected Budget
Reserves:
Deficit /Surplus From Operations
$167,326
($2,668,658)
($5,770,042)
($1,263,623)
($3,057,498
Beginning Balance (from Prior Year)
$10,447,338
$19,131,138
$16,482,480
$10,692,438
$9,428,815
Projected Fund Balance (Current Year)
$10,614,664
$16,462,480
$6,371,317
Restricted Fund Balance
$1,146,084
$5,874,700
$4,172,264
$3,111,768
$52,665
Reserve for Economic Uncertainty-3%
$6,303,625
$6,485,840
$6,359,271
$6,174,057
$6,223,224
Other Non spendable Amounts
$300,000
$362,429
$150,000
Assigned Fund Balance
$3,739,511
 Unassigned Fund Balance
$2,564,955
$10,903
$142,990
$95,438
Ending Fund Balance

11. Our Children • Learning Today • Leading Tomorrow
Original Budget
Other Funds
Division: Business Services
Fund
TITLE
BUDGET
12.0
Child Development
$ 5,079,484
13.0
Cafeteria
9,322,676
21.1
Measure TT
111,459,850
25.0
Capital Facilities
286,059
40.2
Special Reserve Capital
216,670
67.0
Self-Insurance
9,792,083
Other Funds Total
$136,156,822
Our Children • Learning Today • Leading Tomorrow

12. Our Children • Learning Today • Leading Tomorrow
Original Budget
Summary
Division: Business Services
Areas of Concern
Sustainability of Enrollment and all other programs in the future
There must be right sizing as available resources cannot sustain status quo
Increase in Special Education funding deficit spending and unrestricted contribution.
Unrestricted Fund Balance and Reserve
Our Children • Learning Today • Leading Tomorrow

13. Our Children • Learning Today • Leading Tomorrow
Original Budget
Summary
Division: Business Services
Recommendations Moving Forward
Major decisions to be made regarding and budget reductions
Identify what adjustments must be made to implement the budget reduction proposed in the FY19 and FY20
Our Children • Learning Today • Leading Tomorrow

14. Our Children • Learning Today • Leading Tomorrow
Original Budget
Summary
Division: Business Services
Recommendations Moving Forward
Reduction needed in FY 2019 is $10-12m
We must weigh every spending decision to determine return on investments as well as how the expenses support goals and focus areas
Possible school Consolidation
Review Programs and narrow our focus
Cost sharing increases in Health & Welfare
Our Children • Learning Today • Leading Tomorrow

15. Our Children • Learning Today • Leading Tomorrow
Original Budget
Wrap Up
Division: Business Services
The budget presented along with the State SACS financial printouts represent the Proposed Original Budget for the various funds of the District.
Request board approval for submission to the Los Angeles County Office of Education by June 30, 2017
Our Children • Learning Today • Leading Tomorrow

16. Our Children • Learning Today • Leading Tomorrow
Questions & Comments
Our Children • Learning Today • Leading Tomorrow