1. 2012-2013 Budget Escalon Unified School District

2. FUND Fund Number PURPOSE General Fund01 To deliver the District’s education program. Most of the District’s revenues and expenditures are recorded in this fund. Includes both unrestricted and restricted dollars. Charter School Fund09To deliver the Charter School education program. Cafeteria Fund13To provide for District food services. Deferred Maintenance Fund14To meet maintenance needs deferred from prior years. Transportation Equipment Fund15To meet transportation equipment needs. Special Reserve (Other)17To provide for general operating purposes. Capital Facilities Fund (Developer Fees) 25To provide for facilities projects made necessary by enrollment growth. County Schools Facilities Fund35To provide for modernization of existing facilities. Special Reserve for Capital Outlay Projects Fund 40To provide for capital improvement projects. Bond Interest and Redemption Fund 51To provide for the repayment of G.O. Bonds. Self Insurance Fund67To pay deductibles for insurance claims. Organization of the Budget For ease of administration, school district budgets are divided into funds. The Escalon Unified School District uses the following funds:

3. General Fund Revenues, 2012-2013, in millions Revenue Limit14.55 Federal 1.29 Other State 3.15 Other Local 0.98 TOTAL19.97

5. Net Ending Balance Components, in thousands 2007- 2008 2008- 2009 2009- 2010 2010- 2011 2011- 2012 (est.) 2012- 2013 (proj.) Revolving Cash 16 Prepaid Expenses 303.9303.5309242.500 Restricted Program Balances 0000604.2472.8 Reserve for Economic Uncertainties779.1681.9687.5644.3625.3620.0 Designated/Undesignated Balance 4325.66022.04633.04401.74332.43772.9 TOTAL 5424.67023.45645.55304.75578.04881.8 A school district’s Net Ending Balance is a district’s reserve account to fund unforeseen events or pay for multi-year needs

6. Revenue- Beginning Balance5.5 million (estimated) ADA (PY P-2)2,742.54 (down 27.07 from last year) The Total Funded Revenue Limit for 2007-2008 (Funded RL x ADA) was $17,395,289. The Total Funded Revenue Limit for 2012-2013 (Funded RL x 2011- 2012 ADA) is $14,316,278. The reduction of Total Funded Revenue Limit from 2007-2008 to 2012-2013 is $3,079,011. LotteryNon-Prop 20 118. per ADA Prop 20 23.75 per ADA FederalLoss of Federal jobs money; all other programs will remain flatRevenue- Beginning Balance5.5 million (estimated) ADA (PY P-2)2,742.54 (down 27.07 from last year) The Total Funded Revenue Limit for 2007-2008 (Funded RL x ADA) was $17,395,289. The Total Funded Revenue Limit for 2012-2013 (Funded RL x 2011- 2012 ADA) is $14,316,278. The reduction of Total Funded Revenue Limit from 2007-2008 to 2012-2013 is $3,079,011. LotteryNon-Prop 20 118. per ADA Prop 20 23.75 per ADA FederalLoss of Federal jobs money; all other programs will remain flat

7. Assumptions cont. Expenditures Certificated Salaries 10.2 million, includes teachers, support staff and administrators Step/Column costs projected at 1.16% 5 furlough days continue for 2012-2013 Teaching staff numbers decreased due to resignations and staff layoffs totaling 3.22 FTE Classified Salaries 2.9 million Step/Column costs projected at 1.16% 5 furlough days continue for 2012-2013 Staff numbers decreased due to layoffs of 5.26 FTE Other Expenditures Decreased where possible, however supplies were increased at the School Site and in MOT

8. Description2012-2013% Change2013-2014% Change2014-2015 REVENUES Revenue Limit14,546,0061.3814,746,9841.5614,977,729 Federal Revenue 1,288,5760.0 1,288,5760.0 1,288,576 Other State Rev. 3,151,645-0.13 3,147,393-0.14 3,143,140 Other Local Rev. 986,2280.0 986,2280.0 986,228 TOTAL REVENUE19,972,4550.9820,169,1811.1220,395,672 EXPENDITURES Cert. Salaries 10,283,696 10,667,990 Step & Column 1.21 124,5171.08 115,742 Cost of Living Increase Other Adjustments 259,777 TOTAL CERTIFICATED SALARIES 10,283,6963.7410,667,9901.0810,783,732 Classified Salaries 2,984,874 3,064,853 Step & Column 0.62 18,5700.51 15,850 Cost of Living Increase Other Adjustments 61,409 14,180 TOTAL CLASSIFIED SALARIES 2,984,8742.68 3,064,8530.52 3,080,703 Employee salaries are only increased by the projected step and column increase for each year. There are NO projections for salary increases included in the multi-year assumptions. School years 2011-2012 and 2012-2013 have 5 furlough days included in budget. Employee Benefits 4,107,542-2.02 4,024,4720.47 4,043,331 Books & Supplies 1,223,3441.63 1,243,345 1.61 1,263,347 Services & Other Op. Expenses 1,823,2881.07 1,842,788 1.19 1,864,788 Capital Outlay 45,0000.0 45,000 0.0 45,000 Other Outgo 238,9496.28 253,949 5.91 268,949 Indirect Costs (38,051)0.0 (38,052) 0.0 (38,053) Other Financing 00.0 0 0 TOTAL EXPENDITURES20,668,6422.11 21,104,3460.9821,311,797 NET INCREASE/(DECREASE) IN FUND BALANCE (696,187) (935,164) (916,124) Projected Ending Fund Balance (Unrestricted & Restricted) 4,881,823 3,946,658 3,030,534 Ending Fund Balance as a % of Expenditures 23.6% 18.7% 14.2% Multi Year Projection

9. Other Fun Budget Facts Revenue Limit deficit is 22.275% (we received 78 cents on the $) Revenue Limit assumes passage of the Governor’s tax initiative equates to $441 per ADA or 1.2 million in lost revenue COLA is added in 2013-2014 and 2014-15 which adds 1.4 million to the bottom line ADA is projected to drop 30 for 2013-2014 and 2014-15 total loss of $408K Deferred payments will continue. A cash flow was not provided because information is sketchy at best. Other Funds are projected as positive; however Fund 25 is now out of money and Fund 40 will have to pick up all of the COP payment this year.

10. Stay tuned…….. Governor Brown addressing the Legislature