Download - Agenda
Plu
mas L
ake
Ele
men
tary
Sch
ool
Dis
trict
2010-1
1 U
nau
dite
d
Actu
als
Sep
tem
ber 1
5,2
011
Pre
sen
ted
by A
jit Kan
gEach student will reach their fullest potential as we strive for district excellence through sound leadership,
effective communication, accountability, and investment in our staff.
Agenda
Exe
cutiv
e S
um
mary
U
naudite
d A
ctuals
Enro
llment d
ata
Revenue Lim
it assu
mptio
ns
Tier III fl
exib
ility
AR
RA
fundin
g
Ed Jo
bs fu
ndin
g
Rese
rves
Revenues, E
xpenditu
res a
nd C
hanges in
Fund
Bala
nce
Genera
l Fund
Cafe
teria
Acco
unt
Defe
rred M
ain
tenance
Capita
l Facilitie
s Fund
Capita
l Pro
ject Fu
nd
Debt S
erv
ice Fu
nd
Gann Lim
it
Sch
edule
of Lo
ng-Te
rm Lia
bilitie
s
Lookin
g A
head
Execu
tive S
um
mary
Un
au
dite
d A
ctuals
Finan
cial d
ata
reflectin
g
district’s fi
scal sta
tus a
t the
en
d o
f the 2
01
0-1
1 sch
ool
year
Reven
ues a
nd
exp
en
ditu
res fo
r th
e e
ntire
year a
s rep
orte
d b
y
the d
istrict prio
r to th
e a
nn
ual
au
dit
Mu
st be a
pp
roved
by th
e
Govern
ing
Board
by
Sep
tem
ber 1
5
Su
bm
itted
to th
e C
alifo
rnia
D
ep
artm
en
t of E
du
catio
n b
y
loca
l cou
nty
offi
ce o
f ed
uca
tion
by O
ctob
er 1
5
Ind
ep
en
den
t au
dito
rs valid
ate
the n
um
bers a
nd
p
rese
nt a
ud
it rep
ort to
B
oard
in D
ece
mb
er
Unaudi
ted
Ac
tual
s
(cont
.)
Form
s in re
port:
Reven
ue, e
xpenditu
res, a
nd fu
nd
bala
nce
s for th
e fo
llow
ing fu
nds:
FOR
M 0
1 – G
enera
l Fund
FOR
M 1
3 – C
afe
teria
Fund
FOR
M 1
4 – D
efe
rred M
ain
tenance
FOR
M 2
5 – C
ap
ital Fa
cilities Fu
nd
FOR
M 5
2 – D
ebt S
erv
ice Fu
nd
Form
A – A
vera
ge D
aily
Atte
ndance
(A
DA
) for P
2, A
nn
ual a
nd R
evenue Lim
it ca
lcula
tions
Form
CA
– Sum
mary
of d
ata
and d
istrict ce
rtifica
tion
Form
CAT – R
evenues a
nd e
xpen
ditu
res
for ca
teg
orica
l pro
gra
ms
Form
CEA
– Curre
nt E
xpense
Fo
rmula
/Min
imu
m C
lassro
om
C
om
pensa
tion
Unaudi
ted
Ac
tual
s
(cont
.)
Form
s in re
port (co
nt):
Form
DE
BT – S
chedule
of Lo
ng
-Term
Lia
bilitie
s
Form
GA
NN
– Calcu
late
s appro
pria
tion
s su
bje
ct to G
AN
N Lim
it
Form
ICR
– Calcu
late
s a p
ropose
d
indire
ct costs ra
te fo
r federa
l and sta
te
pro
gra
ms fo
r 20
12-1
3
Form
L – Report o
f annual lo
ttery
fund
expen
ditu
res
Form
NC
MO
E – C
alcu
latio
n to
en
sure
we
are
usin
g fu
nds to
pro
vid
e se
rvice
s in
ad
ditio
n to
reg
ula
r serv
ices (N
CLB
re
quire
ments)
Form
s PC
R a
nd P
CR
AF – a
uto
matica
lly
calcu
late
tota
l pro
gra
m co
sts in Fu
nd 0
1
in a
stand
ard
ized m
anner.
Form
RL – R
evenue Lim
it Calcu
latio
n
Form
SIA
A – S
um
mary
of In
terfu
nd
Activ
ities (tra
nsfe
rs betw
een fu
nds)
Form
TR
AN
– Sum
mary
of H
om
e-To
-Sch
ool Tra
nsp
orta
tion
En
roll
me
nt
Dat
a
E
nro
llmen
t – 2
01
0-1
1
Califo
rnia
B
asic
Ed
uca
tion
al
Data
Syste
m
(CB
ED
S)
K-8: 1
02
7
(1.8
%
declin
e fro
m
prio
r year)
Avera
ge D
aily
A
tten
dan
ce
(AD
A) – 2
01
0-
11
Prin
cipal
Ap
portio
nm
en
t (P2
)
99
4.5
4 (2
.67
%
declin
e fro
m
prio
r year)
2006-07
2007-08
2008-09
2009-10
2010-11
850
900
950
1000
1050
CBEDSP2
ASSUMPTIONS2006-07Unaudited Actuals
2007-08Unaudited Actuals
2008-09Unaudited Actuals
2009-10Unaudited Actuals
2010-11Unaudited Actuals
2011-12BUDGET
Statutory COLA
5.92% 4.53% 5.66% 4.25% (0.39%) 2.24%
Base RL $5,791.36
$6,032.36
$6,347.36 $6,597.36 $6,573.36 $6,710.36
Deficit Factor 7.844%0.92156
18.355%0.81645
17.963%0.82037
19.754%0.80246
Funded RL $5,791.36
$6,032.36
$5,849.47 $5,386.41 $5,392.59 $5,384.80
Other RL Adjustments
(3.85%)($252.99) per ADA
P2 ADA (District K:8)
918.86 972.84 931.83 1015.24 987.65
ADA used for RL (incl county Sp Ed ADA)
978.79 1021.86 1022.13 994.54
2006-07 2007-08 2008-09 2009-10 2010-11 2011-120
5
10
15
20
25
Deficit Factor
Deficit Factor
2006-07 2007-08 2008-09 2009-10 2010-11 2011-120
2000
4000
6000
8000
Base RL
Revenue Limit Funding
Fl
ex
ibi
lity –
Ca
tego
rical
Pr
og
rams
Educa
tion C
ode S
ectio
n 4
26
05
allo
ws co
mple
te
flexib
ility in
the u
se o
f funds a
ppro
pria
ted in
the
state
budget fo
r fisca
l years 2
00
8-0
9 th
rough
20
14
-15
for n
um
ero
us p
rogra
ms a
nd ca
n b
e u
sed
for a
ny e
duca
tional p
urp
ose
.
Cate
gorica
l pro
gra
ms su
bje
ct to Tie
r III flexib
ility
Adm
inistra
tive Tra
inin
g - $
8,7
13
Art &
Music B
lock G
rant - $
15
,13
3
CA
HSEE - $
80
0
Califo
rnia
Peer A
ssistance
& R
evie
w - $
5,1
50
Com
munity
Base
d E
nglish
Tuto
ring - $
4,4
79
Gifte
d a
nd Ta
lente
d E
duca
tion - $
73
,64
5
Instru
ctional M
ate
rial R
ealig
nm
ent P
rogra
m -
$5
6,9
76
Math
& R
eadin
g P
rofe
ssional D
evelo
pm
ent -
$6
,01
4
Math
& R
eadin
g P
rofe
ssional D
evelo
pm
ent E
L - $
3,0
07
Pro
fessio
nal D
evelo
pm
ent G
rant - $
11
,60
1
Sch
ool Lib
rary
Impro
vem
ent G
rant - $
10
,44
0
Sch
ool S
afe
ty - $
7,9
92
Supple
menta
l Hourly
Pro
gra
ms - $
24
,28
7
Targ
ete
d In
structio
nal Im
pro
vem
ent - $
4,4
34
Defe
rred M
ain
tenance
Sta
te A
pportio
nm
ent
Apportio
nm
ent o
f $3
3,5
81
subje
ct to Tie
r III flexib
ility u
ntil 2
01
4-1
5
Transfe
rred to
Routin
e R
estricte
d
Main
tenance
.
Routin
e R
estricte
d M
ain
tenance
– flexib
ility to
decre
ase
contrib
utio
n fro
m th
ree p
erce
nt to
one
perce
nt (a
pprox
imate
ly $
30
K sa
vin
gs).
AR
RA
Fu
nd
ing
Am
erica
n R
eco
very
and
Rein
vestm
ent A
ct (AR
RA
)S
tate
Fiscal S
tab
ilizatio
n
Fun
din
g (S
FSF) – in
ten
ded
to
off
set re
du
ction
s to sta
te
gen
era
l pu
rpose
an
d
cate
gorica
l fun
din
g a
nd
was
revise
d o
n Ju
ly 2
2, 2
01
1:
Sta
te g
en
era
l purp
ose
fundin
g:
K:8
- $359
,065 (o
rigin
al
$29
3,4
24)
Charte
r - $4
,708 (o
rigin
al
$3,3
96)
Cate
gorica
l fund
ing:
$44
,420 (o
rigin
al $
50,7
15)
Entire
entitle
ment $
42
4,1
07
($347,5
35 re
ceiv
ed in
08-0
9 sch
ool
year a
nd b
ala
nce
in 2
010-1
1)
Fun
ded ce
rtifica
ted te
ach
er
sala
ries
20
09
-10
- $2
11
,54
52
01
0-1
1 - $
21
2,5
62
Sp
ecia
l Ed
uca
tion
fun
din
g
$1
63
,70
5
200
8-0
9 sch
ool y
ear u
sed
$81,8
46
for p
ara
sala
ries
Bala
nce
($83,1
88) u
sed in
200
9-1
0
for p
ara
sala
ries
Ed
ucatio
n Jo
bs F
un
d
Pro
gra
m En
titlem
en
t $2
22
,81
3C
an
be u
sed
for site
exp
en
ditu
res o
nly
20
10
-11
Exp
en
ditu
res -
$7
9,2
70
Fun
din
g w
as u
sed
for th
e
follo
win
g:
Resto
re th
ree d
ay
furlo
ug
hs fo
r site sta
ff
Two p
art-tim
e P
E te
ach
ers
- Rio
an
d C
ob
ble
ston
e
Litera
cy C
oach
– share
d
by th
ree site
s
Part-tim
e Lib
rary
Cle
rk
Part-tim
e O
ffice
Cle
rk at
Rio
Reserv
es
Eco
nom
ic U
nce
rtain
ty – Fiv
e
perce
nt
Min
imum
Cla
ssroom
C
om
pen
satio
n -
Fun
din
g se
t asid
e to
clo
se d
eficie
ncy
Certifi
cate
s of
Particip
atio
n (C
OP)
Ob
ligatio
n o
f G
en
era
l Fun
d if
insu
fficie
nt fu
nd
s availa
ble
in Fu
nd
2
5 fo
r deb
t serv
ice
paym
en
t
Rese
rve fo
r CO
P
deb
t serv
ice
paym
en
t
Rese
rve fo
r Ch
arte
r A
DA
issue (p
en
din
g
app
eal)
Rese
rve fo
r W
heatla
nd M
OU
Rese
rve fo
r possib
le
mid
-year cu
ts
Fu
nd
0
1:
20
10
-1
1
Re
ve
nu
e
So
urc
es
Revenue Source
Estimated Actuals
Total Restricted and
Unrestricted
Unaudited Actuals Total
Restrictedand
Unrestricted Variance
Revenue Limit Sources $6,025,098 $5,995,687
(0.49%)
Federal Sources $327,728 $325,841(0.58%
)
State Sources $941,385 $971,428 3.2% Lottery, Tier III
programs
Other Local Revenue $584,936 $595,432 1.8%
Rec’d one-time $ from YCOE; Worker’s Comp Adj, Nextel E-Rate
Interfund Transfers In $25,800 $20,734
(19.6%)
CFD Admin Costs – transfer from Fund 52
Total Revenue $7,904,497 $7,909,122 0.06%
20
10
-11
Reven
ue
Sou
rces
Revenue Limit76%
Federal Revenue
4%
State Revenue12% Local Revenue
8%Revenue LimitFederal RevenueState RevenueLocal Revenue
Fu
nd
01
: 20
10
-11
Ex
pe
nd
itur
es
Object Code
Estimated Actuals Total
Restricted and
Unrestricted
Unaudited Actuals
Total Restricted
and Unrestricted Variance
1000-Certificated Salaries$3,217,857
$ 3,202,632 -0.47% Vacant teacher positions
2000-Classified Salaries
$1,151,333
$ 1,131,525 -1.72%
Vacant custodial position and para sub time and facilities extra time
3000-Benefits
$1,521,191
$ 1,485,180 -2.37%
Statutory benefits associated with above salaries plus HDV and Unemp savings
4000-Materials and Supplies
$474,468$ 453,567 -4.41% Site savings - $10K; FMOT - $8K
5000-Services & Operating Expenditures
$1,166,962
$ 1,067,056 -8.6%
Savings in Sp Ed, CFD Admin contracted services, operations and communications
6000-Capital Outlay0
0 0%
7000-Other Outgo, Transfers of
Indirect/Direct Support Costs $ 215,140 $ 201,022 -5.7%
Savings in Sp Ed Excess Program Costs
Total Expenditures $ 7,746,951 $ 7,540,582 -2.65%
Net Increase (Decrease) in Fund balance $ 157,546 $ 368,139
Beginning Fund Balance $ 2,599,040 $ 2,599,040
Ending Fund Balance $ 2,756,586 $ 2,967,179
Con
tribu
tion
s to
R
estric
ted
Pro
gra
ms
Revenue Source
Routine Restricted Maintenan
ce
Special Ed Transportation
Special Ed SD/OI
Transportation
State and Federal Aid
$458,164 $25,440 $23,450
Fees $13,310
Total Revenue
0 $458,164 $25,440 $36,760
Total Expenditures
$195,248 $1,008,434
$66,876 $92,697
Contributions from unrestricted resources
$195,248 $550,270 $41,436 $55,937
Exp
en
ditu
res b
y
Cate
gory
Certificated Salaries35%
Management Salaries9%
Classified Salaries13%
Benefits20%
Books and Supplies6%
Services & Operating Expenses14%
Other Outgo3%
Transfers Out0%
Certificated Salaries
Management Salaries
Classified Salaries
Benefits
Books and Supplies
Services & Operating Expenses
Capital Outlay
Other Outgo
Transfers Out
Cu
rren
t Exp
en
se
Form
ula
/Min
imu
m C
lassro
om
C
om
pen
satio
n Educa
tion C
ode, S
ectio
n
41372 re
quire
s ele
menta
ry sch
ool
districts to
expend a
t le
ast 6
0 p
erce
nt o
f their
curre
nt co
st of
edu
catio
n fo
r classro
om
te
ach
ers a
nd a
ides, p
lus
asso
ciate
d b
enefits.
District is 2
.13
% b
elo
w
the m
inim
um
Deficie
ncy
am
ou
nt is
$1
41
,539
.40
Optio
ns a
vaila
ble
to th
e
District
Request w
aiv
er fro
m
county
offi
ce o
f educa
tion
Set a
side fu
ndin
g to
co
rrect d
eficie
ncy
Co
mpo
ne
nt
s
of
En
di
ng
B
alan
ce
Revenues $7,909,122
Expenditures $7,540,982
Net Increase/Decrease $ 368,140
Ending Fund Balance $2,967,179
Reserved for Economic Uncertainty $ 376,012
Revolving Cash and Prepaids $ 11,873
COP Debt Service Payment $ 475,475
Charter ADA $ 186,511
Revenue Limit Reductions $ 328,198
Wheatland High Agreement $ 295,000
Minimum Classroom Compensation Deficiency
$ 141,539
Lottery Unrestricted $ 126,523
Restricted Programs (EIA, RMA, Lottery Prop 20)
$ 21,426
Available for Budget Shortfalls $1,004,622
Fund
13:
Caf
et
er
ia
Fund
Category 2010-11 Estimated Actuals
2010-11 Unaudited Actuals
Variance
Revenue
Federal Revenue $ 254,000 $ 245,685 (3.3%) Less participation in lunch program
State Revenue $ 20,000 $ 21,593 7.96%
Local Revenue $ 150,500 $ 142,562 (5.27%)
Total Revenue $ 424,500 $ 409,840 (3.45%)
Expenditures
Classified Salaries $ 142,549
BA $519
$ 143,067 0.36%
Benefits $ 52,087
BA ($519)
$ 51,020 -2.05%
Materials and supplies $ 201,562 $ 201,415 -0.07%
Services and operating expenses
$ 6,713
BA $151
$ 5,873 -12.5% $840 savings in all categories
Transfer of Indirect/Direct Support Costs
$ 17,890 $ 17,821 -0.39% Based on actual expenses
Interfund Transfer In $ 0
Total Expenditures $ 420,801 $ 419,196 -0.38%
Net Increase/(Decrease) in Fund balance
$ 3,699 ($ 9,356)
Beginning Fund Balance $ 25,926 $ 25,926
Ending Fund Balance $ 29,625 $ 16,570
Fu
nd
14:
De
fer
red
M
ain
ten
an
ce
Category 2010-11 Estimated Actuals
2010-11 Unaudited Actuals
Variance
Revenue
Other State Revenue $ 0
Local Revenue $ 2,030 $ 1,708 (15.7%) Interest earnings
Total Revenue $ 2,030 $ 1,708
Expenditures
Materials and supplies $ 15,376 $ 15,376 0
Services and operating expenses $ 14,624 $ 0 (100%) $ budgeted for emergencies
Total Expenditures $ 30,000 $ 15,376 (48.7%)
Excess (deficiency) of Revenues over expenditures before other financing sources and uses
$ (27,970)
$ (13,668)
Other financing Sources/Uses 0 $ 0
Net Increase (decrease) in Fund Balance $ (27,970)
$ (13,668)
Beginning Fund Balance $112,374 $112,374
Ending Fund Balance $ 84,404 $ 98,705
Fu
nd
25: C
ap
ital
Facilitie
s F
un
d
Category 2010-11 Estimated Actuals
2010-11 Unaudited Actuals
Revenue
Local Revenue $ 227,370
BA - $8,930
$ 235,159
Total Revenue $ 227,370 $ 235,159
Expenditures
Materials and supplies $
Services and operating expenses $ 61,400
BA - $20,977
$ 82,377
Capital Outlay $ 13,500
BA – ($13,500)
$
Other outgo (debt service principal and interest) $ 476,065 $ 476,065
Excess (deficiency) of Revenues over expenditures before other financing sources and uses
$ (323,595) $ (323,283)
Interfund Transfers In $ 121,865 $ 115,000
Net Increase (decrease) in Fund Balance $ (201,730) $ (208,283)
Beginning Fund Balance $ 759,224 $ 759,224
Ending Fund Balance $ 557,494 $ 550,942
Cash with fiscal agent $ 477,223
Fu
nd
52: D
eb
t Serv
ice
Fu
nd
for B
len
ded
C
om
pon
en
t Un
its
Category 2010-11 Estimated Actuals
2010-11 Unaudited Actuals
Revenue
Local Revenue $ 668,021 $ 681,603
Total Revenue $ 668,021 $ 681,603
Expenditures
Other outgo (debt service principal and interest) $ 525,089
BA - $40
$ 525,129
Excess (Deficiency) of Revenues over expenditures before other financing sources and uses
$ 142,932 $ 156,475
Other financing sources/uses $ 147,665 $ 135,734
Net Increase (decrease) in fund balance ($ 4,733) $ 20,741
Beginning Fund Balance $1,205,080 $1,205,080
Ending Fund Balance $1,200,347 $1,225,821
Cash with fiscal agent $ 465,907
Sc
he
du
le
of
Lo
ng
-Te
rm
Lia
bili
ties
Unaudited balance
July 1, 2010
Audit Adj
Audited Balance July 1, 2010
Increases
Decreases
Ending Balance June 30, 2011
Amounts Due Within One Year
Certificates of Participation Payable
$ 6,820,000
$ 6,820,000
$ 130,000
$ 6,690,000
$ 475,475
Other General Long-Term Debt – CFD #1 and CFD #2
$ 8,310,000
$ 8,310,000
$ 120,000
$ 8,190,000
$ 520,088
Governmental activities long-term liabilities
$ 15,130,000
$ 15,130,000
$ 250,000
$ 14,880,000
$ 995,563
GA
NN
Li
mi
t
Appro
ve R
eso
lutio
n 2
011
-5 – R
eso
lutio
n
for A
dop
ting
the G
ann Lim
it for 2
01
1-1
2
Sta
te C
onstitu
tion re
quire
s school
ag
encie
s to p
erfo
rm G
ann Lim
it ca
lcula
tions
Edu
catio
n C
od
e se
ctions 1
629 a
nd
421
32 sp
ecify
that g
overn
ing b
oard
s of
districts sh
all a
dopt a
reso
lutio
n to
id
en
tify th
eir e
stimate
d a
ppro
pria
tions
limits fo
r the cu
rrent y
ear a
nd th
eir
actu
al a
ppro
pria
tions lim
it for th
e
pre
cedin
g y
ear
Calcu
latio
n is in
cluded in
the
Unaud
ited A
ctuals a
nd d
ata
is extra
cted fro
m th
e G
enera
l Ledger –
Use
s two fa
ctors to
yie
ld th
e
change in
ou
r Gann Lim
it – Sta
tew
ide fa
ctor fo
r per ca
pita
l perso
nal in
com
e ch
an
ge a
nd P
2
AD
A
Calcu
latio
ns id
en
tify h
ow
mu
ch sta
te
aid
coun
ts tow
ard
our G
ann Lim
it so
the S
tate
of C
alifo
rnia
know
s how
much
sta
te a
id co
unts to
ward
their G
ann
Limit
201
0-1
1 A
ppro
pria
tions su
bje
ct to
limit - $
6,4
40,5
18
201
1-1
2 E
stimate
d a
ppro
pria
tions
sub
ject to
limit - $
6,8
83
,272
Lo
oki
ng
ah
ea
d
Sta
te p
asse
d 2
01
1-1
2 b
udget in
July
District a
dopte
d b
udget p
rior to
July
1
Sta
te a
ssum
ptio
ns (C
OLA
, deficit fa
ctor) d
id n
ot
chang
e
Oth
er a
ssum
ptio
ns th
at m
ay re
quire
bud
get
revisio
ns a
t First Inte
rim
Sala
ry a
dju
stments fo
r any n
egotia
ted a
nd ra
tified
barg
ain
ing u
nit co
ntra
cts
AD
A – cu
rrently
budgete
d a
t 20
10
-11
P2
data
Add a
ny ca
tegorica
l carry
overs
Still w
eak o
utlo
ok fo
r eco
nom
y/p
ossib
le m
id-
year cu
ts?
Cash
defe
rrals co
ntin
ue
Enro
llment a
s of 9
/12
/11
- 10
72
:
Cobble
stone: 2
86
Rio
: 47
1
Riv
ersid
e: 3
15
CB
ED
S la
st Octo
ber – 1
02
7
First day o
f school, A
ugust 2
01
1 – 1
06
3
Educa
tion Jo
bs Fu
nd – n
o fu
ndin
g a
fter th
is year
First Inte
rim d
ecisio
ns
What A
DA
num
bers d
o w
e u
se fo
r Revenue Lim
it ca
lcula
tions?
Do w
e w
ant to
set a
side m
onie
s for sa
larie
s funded w
ith
Educa
tion Jo
bs Fu
nd?
Do w
e w
ant to
set a
side fu
nds in
rese
rves fo
r sala
ry
incre
ase
s?
Fund 2
5 – W
ill we re
ceiv
e su
fficie
nt d
evelo
per
impact fe
es to
cover C
OP d
ebt se
rvice
paym
ent? K
B H
om
es h
as p
ulle
d th
ree p
erm
its th
is year.
QU
ESTIO
NS?