1. Centralia Elementary SCHOOL DISTRICT 2017-18 UNAUDITED ACTUALS
September 12, 2018

2. Revenue: What Changed Since Estimated Actuals?
LCFF Revenue
Slight decrease in LCFF Gap from 44.97% to 42.97% and year end attendance true up
Federal Revenue
Increase in Medi-Cal billing revenue
State Revenue :
Per ADA lottery rate increased by State
Local Revenue:
Year end true up of revenue for DHH & Autism billings

3. Unaudited Actuals - Revenue
Revenues EA UA
$ Change
Change as a % of Total Revenue
Local Control Funding Formula Sources
$37,784,814
$37,746,618
$(38,196)
(0.08%)
Federal Sources
$2,763,399
$2,802,629
$39,230
0.08%
Other State Revenue
$6,216,929
$6,295,159
$78,230
0.16%
Other Local Revenue
$1,868,530
$2,555,769
$687,239
1.41%
Total Revenues
$48,633,672
$49,400,175
$766,503
1.58 %

4. Unaudited Actuals – Revenue
Adjusted Revenue EA UA
$ Change
Change as a % of Total Revenue
Total Revenues
$48,633,672
$49,400,175
$766,503
1.58%

5. Unaudited Actuals - Revenue

6. Expenses: What Changed Since Estimated Actuals?
Salary and Benefits
Slight increase primarily due to negotiated agreement with CSEA bargaining unit
Books and Supplies:
Some Title programs had funds rolled over to 2018/19
Outdoor Ed and site donations rolled over to 2018/19
Services/Other Expenses:
Increased expense for interpreters
Accounting change for 3% RRM
E-rate projects

7. Unaudited Actuals - ExpendituresEA UA
$ Change
Change as a % of Total Expenditures
Certificated Salaries
$22,308,551
$22,352,762
$44,211
0.20%
Classified Salaries
$8,044,164
$8,173,931
$ 129,767
0.58
Employee Benefits
$10,336,122
$10,340,063
$3,941
0.02%
Books & Supplies
$1,850,931
$1,606,886
$ (244,045)
(1.09%)
Services/Other Oper Expenditures
$4,451,896
$4,876,383
$ 424,487
1.90%
Capital Outlay
$391,173
$392,448
$ 1,275
0.01%
Other Outgo (exclude indirect Cost Transfers)
$1,308,633
$1,340,755
$32,122
0.14%
Other Outgo - Indirect Costs Transfers
($197,050)
($190,738)
$ 6,312
0.03%
Total Expenditures
$48,494,420
$48,892,490
$398,070
1.78%

8. Unaudited Actuals - Expenditures
Adjusted Expenditures EA UA
$ Change
Change as a % of Total Expenditures
Total Expenditures
$48,494,420
$48,892,490
$398,070
1.78%

9. Unaudited Actuals – Expenditures

10. Deficit Spending Budget Surplus
Net Increase/(Decrease) in Fund Balance
($1,962,621)
(Deficit)
($ 795,795)
($ 574,046)
($1,343,201)
$682,092
Surplus
$1,942,678
$251,240
$187,094
Projected

11. Change as a % of Ending Balance
General Fund Balance
General Fund EA UA
$ Change
Change as a % of Ending Balance
Beginning Fund Balance
$10,051,694
0.0%
Excess (Deficiency) Rev - Exp
$139,252
$251,240
$ 111,988
1.10%
Other Restatements $0
0.00%
Ending Fund Balance
$10,190,946
$10,302,934
1.10%%

12. Discussion?