1. Lodi Unified School District 2017-18 Proposed Budget -June, 2017
10/31/2019

2. Revenue $318,622,100
10/31/2019

3. Enrollment by Year
10/31/2019

4. Expenditure $310,462,222
83% of expenditure goes to labor without settlements
1000 Certificated Personnel
2000 Classified Personnel
3000 Benefits
4000 Supplies
5000 Contracted Services
6000 Capital Items
7000 Indirect/Debt Services
10/31/2019

5. Increase Due to STRS, PERS to Object Code 3000
STRS 12.8% and PERS 12.6% increase for
$15,664,509 Increase
10/31/2019

6. Special Education Enrollment Increase Over Time
A 24% increase in 3 years
10/31/2019

7. Special Education Expenditure History
26% Increase
10/31/2019

8. Components of Fund Balance
Contingency Reserve $ 500,000
LUSD Designated for Economic Uncertainty (3%) $ 9,350,000
Grade Span Adjustment Protection $ 1,000,000
Instructional Material Reserve $ 2,000,000
Programmatic Reserves $ 1,483,714
Special Education Reserve $ 2,000,000
Carry-Over Reserve $ 3,500,000
STRS/PERS Future Year Reserve $ 5,073,205
Anticipated Settlement Reserve $13,816,029
Mandated Reserve for Economic Uncertainty (3%) $ 9,350,000
10/31/2019

9. 2016-17, 2017-18 Labor Settlement Ending Fund Balance Assumptions
Adjusted 11% with settlement
10/31/2019

10. Adjusted 17-18 Ending Fund Balance
$50,236,864
Retricted Balance
($1,568,916)
Carry-over
($3,500,000)
Settlement Reserve
($13,816,029)
STRS CalPERS
($5,073,205)
Total
$26,278,714
10/31/2019

11. Budget Summary Key Assumptions\Concerns
Enrollment increased matching enrollment. This was the base year for labor restoration.
Multi-year projection shows funding of the remaining gap funding for LCFF. This funding will be needed to fund future labor retirement costs for
Special Ed costs continued to rise nearly $1.4 million from reserves in Additionally $1 million more for
The State Budget is in question as it is based on higher Capital Gains revenues.
10/31/2019

12. Special Thanks
Angel Murnan, Director of Budgets, and the Budget Department
Maria Fong, Controller, and the Accounting Department
And,
to the Board of Education
10/31/2019