encinitas union school district

Encinitas Union School DistrictEncinitas Union School District

2011-12 Proposed Budget

June 28, 2011

2011-12 Proposed Budget

June 28, 2011

Themes for the May RevisionThemes for the May Revision

We still have three major problems in education finance:

1. Low levels of funding – probably last in the nation now

2. Volatility of funding – year-to-year funding levels are totally unpredictable

3. Uncertainty of funding – estimates of funding are wildly uncertain from January to May to Budget enactment and beyond

We will have all three of these problems until:

The economic condition of the state improves and expansion begins

State revenues and spending reach an equilibrium

Education spending rises in priority at the state level

There is a stable, predictable source of ongoing funding for education

Proposition 98 has not been successful in protecting education

We have done worse than the rest of the State Budget in both good times and bad

1

The May RevisionThe May Revision

The May Revision is in keeping with the general theme of the Governor’s January Budget Proposal

Big cuts, already enacted, for the non-Proposition 98 side of the Budget

Elimination of redevelopment agencies and redirection of property tax

Realignment of programs from the state to the local level

Extension of temporary taxes by vote of the people

Relatively level funding for K-12 education

Big funding cuts from community colleges and higher education

Some things have changed

Tax revenues have increased, independent of tax extensions

The Governor has had no success getting Republican support for taxes

Increased pressure for pension, business, and other reforms

2

The May RevisionThe May Revision

Some things remain the same

The State Budget is still dependent upon future events – extension of taxes

The State Budget is balanced only if revenues are increased by some future event

“Electioneering” will continue with education funding threatened if new revenues do not materialize

Education funding is the “hot button” for voters to approve taxes

Voters will not extend taxes to increase welfare payments or to increase funding for prisons – so we can expect education to remain part of the “electioneering”

3

The Budget Planning ProcessThe Budget Planning Process

Budget planning begins with the Governor’s January Budget Proposal

The Governor’s “flat funding” proposed for 2011-12 resulted in a loss of $19 per Average Daily Attendance (ADA)

He clearly delineated a loss to Proposition 98 of an additional $2.1 billion if the temporary taxes were not extended – another $330 per-ADA loss

The May Revision is a major check pointIt has always recommended using the Governor’s May Revision as the basis for the June district budgetThis year, the May Revision proposes flat funding, and it is recommend that the June district budget be prepared assuming flat funding on a per-student basis between 2010-11 and 2011-12

The next major check point is State Budget enactment

4

Stability for EducationStability for Education

Is this a more stable Budget for education? The experts think “Yes”

Less reliance on tax extensions – only $4 billion at election risk instead of $12 billion

More reliance on ongoing revenues of $6.6 billion

Cuts to non-Proposition 98 side proposed in January have been made $13.4 billion

Proposition 98 has risen, deferrals have lowered, but could be reinstated if needed

Less exposure to suspension of Proposition 98 and no political will to suspend

Overall, it is much safer in May than in January

However, we still need continued vigilance through enactment and beyond

5

California EconomyCalifornia Economy

The pace of the state’s economic recovery is picking up

In February the state added 96,500 jobs, the best monthly gain since the recovery began

The Department of Finance’s chief economist declared, “We have a recovery on our hands. This was an awfully good report.”

Personal income growth is about 3% in 2011, up from 2.8% in 2010 and-2.4% in 2009

UCLA forecasts 5.5% for next year

Taxable sales fell more than 14% in 2009 andwill grow about 3% in 2011

UCLA forecasts 7% growth in 2012

Source: UCLA Anderson Forecast, March 11, 2011, p. 77

6

California EconomyCalifornia EconomyThe state faces risks to the economic recovery

California’s housing market continues to be a drag on the economy

Overbuilding during the bubble, home foreclosures during the recession, and tighter credit standards in recovery

Five straight years of employment losses in the construction industry beginning in 2007

State and local government deficits, with corresponding cuts in public sector employment and transfer payments

Any U.S. or international shocks will threaten California’s growth

Source: UCLA Anderson Forecast, March 11, 2011

7

Risks to the Revised Budget Proposal Risks to the Revised Budget Proposal

In January, the key risk to the Governor’s Budget was voter approval of three temporary taxes by July 2011

New risks to the state spending plan accompany the May Revision:

Tax proposals worth $4 billion could be rejected by the Legislature or state voters

Litigation challenging special fund shifts, social services grant cuts, and realignment proposals

Economic and revenue risks

Turmoil in the Middle East could raise oil prices, triggering inflation and impairing the recovery. The European debt crisis could boost interest rates and limit access to capital

8

Proposition 98Proposition 98

Proposition 98 is supposed to provide a minimum guarantee of funding for K-12 education and the community colleges based on the prior year’s funding level, adjusted for workload changes and inflation

For 2010-11, Proposition 98 was suspended by $4.3 billion to $49.7 billion

Because of suspension any increase in current-year General Fund revenues does not automatically increase the minimum guarantee because of the suspension

The May Revision proposed a small increase in Proposition 98 spending of about $100 million related largely to growth in ADA

9

Proposition 98Proposition 98

For 2011-12, the May Revision acknowledges an increase in General Fund revenues, resulting in an increase to Proposition 98 above the January Governor’s Budget Proposal of $3 billion in 2011-12 to $52.4 billion

The boost in Proposition 98, however, will not result in an increase in per-pupil funding at the district level because the Governor’s May Revision proposes to allocate the increase in Proposition 98 to:

Reverse $2.5 billion in K-12 apportionment deferrals

Reverse $350 million in community college deferrals

Fund mental health and out-of-home care for special education students, which was previously funded by counties

10

Proposition 98 and the Tax ExtensionProposition 98 and the Tax Extension

The May Revision recognizes additional revenues of $2.8 billion for the current year and $3.5 billion for the Budget year

The new revenues and rebenching add $3.0 billion to the Proposition 98 guarantee for 2011-12

This reduces the potential drop in Proposition 98, even after loss of the temporary taxes, if that occurs, to $1.6 billion instead of the $2.1 billion projected in January

The amount that could be lost to education without suspension of Proposition 98, therefore, becomes much less than previously projected

At the same time, a reversal of previously planned deferrals eliminates most of the Proposition 98 growth

11

Proposition 98 FundingProposition 98 Funding12

The May Revision acknowledges a statutory cost-of-living adjustment (COLA) for revenue limits of 2.24%, up from the estimated 1.67% COLA in January

The Deficit Factor for school districts and charter schools is 19.754%, up from 19.608% in January

The Deficit Factor in the Governor’s January Budget was too high, resulting in an average cut of $19 per ADA in 2011-12

The May Revision corrects this error and the per-pupil revenue limit funding will indeed be flat

Revenue LimitsRevenue Limits13

Revenue Limit COLARevenue Limit COLA

The statutory COLA amounts for 2010-11 and 2011-12 are:

District TypeStatutory COLA

2010-11 <0.39%>

2011-122.24%

All Elementary Districts <$24> $137

All High School Districts <$29> $164

All Unified Districts <$25> $143

14

Revenue Limit Deficit FactorsRevenue Limit Deficit Factors15

Mandate ReimbursementsMandate Reimbursements

The Governor’s May Revision reduces funding for mandates by $38.2 million

The reduction reflects the adoption of specific recommendations of the K-14 workgroup on mandate reform convened by the Legislative Analyst’s Office (LAO)

The workgroup could not come to a consensus on recommendations

Based on this work, the LAO supports the following reform option and funding mechanism for mandates:

Preserve only mandates related to accountability, health, and safety

The approach would eliminate all but roughly a dozen mandates and reduce annual costs to about $40 million

Replace the existing reimbursement system with a block grant

The block grant would provide each school district with a standardper-pupil rate for the cost of performing all mandates or a certain subset of mandates

16

Basic Aid DistrictsBasic Aid Districts

Senate Bill (SB) 70 (Chapter 7/2011), the Education Trailer Bill, includes a provision of a “fair share” reduction for basic aid districts equal to an 8.92% reduction on the base revenue limit subject to the deficit as of the Second Principal Apportionment for the 2010-11 fiscal year

Basic aid districts will see this reduction coming from state categorical funds for the 2011-12 fiscal year

Three categorical programs, however, are exempt from the reduction:

After School Education and Safety (ASES) Program

Quality Education Investment Act of 2006

Child Care and Development

There are approximately 124 basic aid districts for the 2010-11 fiscal year,an increase of 55% over the last several years

The increase in the number of basic aid districts is primarily due to the decline in student enrollment and the cuts to the revenue limit

16

Flexibility Options ContinueFlexibility Options Continue

SB 70 extends all existing flexibility options by two additional years

The following options extend through 2014-15:Tier III categorical flexibilityDelaying compliance with most recent instructional material adoptionsEliminating required routine restricted maintenance and deferred maintenance contributionsAllowing for shortening the instructional year by up to five daysAllowing the deposit of surplus property sale revenue into the General Fund

Other flexibility options:K-3 Class-Size Reduction relaxed penalties – extended through 2013-14Reduction to Reserves for Economic Uncertainty

Minimum is one-third of required levels for 2010-11 and 2011-12

17

Special EducationSpecial Education

Under the May Revision, AB 602 funding is proposed to remain unchanged from the Governor’s January Budget Proposal

Growth is funded, but no COLA

Growing special education local planning areas (SELPAs) would receive $465.4404 per ADA – this rate has not changed since 2008-09

However, although funding appears stable, there are many issues that remain of concern in special education

Mental health services

Special Disabilities Adjustment (SDA)

Federal law requires that mental health services be provided to students with disabilities

18

Special Education – Mental Health ServicesSpecial Education – Mental Health Services

Governor Brown proposed providing funding in 2010-11 and 2011-12 from a variety of sources, and the Legislature has taken a slightly different tact

Trailer bills have appropriated funds for 2010-11 and 2011-12 as follows:

SB 70 allocates $80 million in one-time funding for 2010-11

Funding goes to SELPAs following a complicated formula based on the type and amount of services provided

AB 100 (Chapter 5/2011) provides $98.6 million for 2011-12 to county mental health agencies from Proposition 63 (Mental Health Services Act) revenue Major change proposed in May Revision

The Governor proposes to permanently shift AB 3632 services from counties to schools and provides SELPAs

19

Special Education – Mental Health ServicesSpecial Education – Mental Health Services

Major change proposed in May Revision

The Governor proposes to permanently shift AB 3632 services from counties to schools and provides SELPAs with the following funds:

Continuation of $69 million in federal IDEA funding as appropriated in SB 70

Addition of $221.8 million in Proposition 98 funding for mental health and out-of-home residential services

$98.6 million, per AB 100, continues to be provided to county mental health agencies from Proposition 63

LEAs can contract with county mental health for these services

Funding will be distributed to SELPAs in a manner similar to AB 602 formulas

20

Federal Funding UpdateFederal Funding Update

The federal government took a page from California’s Budget playbook this year and passed a tardy Budget

Relatively flat funding for most K-12 education programs, but with a few notable exceptions:

Approximate reduction of 10% to Title IIA (Professional Development and Class-Size Reduction)

Elimination of Title IID (Enhancing Education Through Technology)

Approximate reduction of 10% to Title I local assistance entitlements due to increases to required state-level reservations

There is still talk of a reauthorization of the Elementary and Secondary Education Act occurring in the near future, but no action has been taken to date

21

Apportionment DeferralsApportionment Deferrals

Jul Aug

Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul

2011-12 Fiscal Year2011

2012

20112011 2012201120112011 201220122012

2012

20122012

*Includes K-12 CSR Deferral

$0.8 B $0.8 BMay ’12 to Jul ‘12

$1 B $1 BMay ’12 to Aug ‘12

Feb ’12 to Jul ‘12

$0.4 BApr ’12 to Jul ‘12

$0.4 B

$2.4 B $2.4 B

Oct ’11 to Jan ‘12

$1.4 B

Jul ’11 to Sep ‘11

$0.7 B $0.7 B

Jul ’11 to Jan ‘12

$1.4 B $1.4 B

Aug ’11 to Jan ‘12

= Intrayear = Interyear

$2.5 B $2.5 BInfamous P-2 Deferral

Jun ’12 to Jul ‘12

$0.68 B $0.68 BApr ’12 to Aug ‘12

$1.4 B $1.4 B**

Mar ’12 to Apr ‘12

$2.2 B* $2.2 B*

22

Budget TimelineBudget Timeline

July

Official Budget Timeline Reality Bites

Who know

s?A

ugust

23

2011-12 Key Budget Assumptions2011-12 Key Budget AssumptionsFollowing are key budget assumptions for 2011-12 based on the Governor’s

Budget:

24

Description Estimated Funding Levels

Average Daily Attendance (ADA) Based on 5,225 ADA

Estimated Property Tax $33,026,842 (Approx. $362K more than 2010-11)

District of Choice funding It is anticipated that the funding is going to be continued (an estimated amount of $184,072)

Revenue Limit COLA 2.24% with 19.754% Deficit

Basic Aid “Fair Share” A negative impact of 8.92% of Total R/L or $2,885,283

Potential Reduction of $330 Per ADA*A negative impact of $1,724,250 – Shown as Assigned Reserve as a part of Ending Fund Balance

Special Education income based on AB 602 Funding COLA

The 2.24% COLA is not funded

LotteryFunded at $125.50 per ADA - $111.00 Unrestricted, $14.50 Prop. 20 (Restricted)

* This has not been determined how it would affect Basic Aid School Districts

2011-12 Key Budget Assumptions2011-12 Key Budget Assumptions25

Description Estimated Funding LevelsK-3 CSR $1,071 full day and using the flexibility

Gifted and Talented Education $7.32 per ADA (After the Deficit)

Instructional Materials Block Grant $57.51 after the deficit per prior year CBEDS

Use of Flexibility Tier III To offset the negative impact of $2,885,283

Flat Funding or 95% Funding of certain Federal programs

Estimated funding of $1,811,657

Transfer-In for General Operating budget expenses from Special Reserve and Employees Post-Employment Reserve Funds

$3,014,544

2011-12 Key Budget Assumptions2011-12 Key Budget Assumptions

Annual Property Liability Premium of $227,916Total Regular Ed. FTE budgeted is 215Step and Column is budgeted for Certificated and Classified employeesNo salary increases included for any bargaining unitsStaffing @ 23:1 for K-3, and 31:1 for 4-6Maintain retiree benefits as they now existEmployer Labor Related Costs:

STRS 8.2500%PERS/PERS Reduction 13.0200%Social Security 6.2000%Medicare 1.4500%SUI 1.6100%Workers Comp. 1.2368%

Health & Welfare $10,680

26

2011-12 Key Budget Assumptions2011-12 Key Budget Assumptions

Utilities Increase of 11%Funding of $41,822 for safety monitor positionsState Funding of Deferred Maintenance of $197,931. District match will be suspended for one more yearSite allocation of $35.00 per prior year CBEDS enrollment (will be adjusted at 2011-12 CBEDS)Site allocation of $6.00 per prior year CBEDS enrollment for Media books and supplies 10 days of teacher sick leave per FTECustodial supplies of $350 per classroomRoutine Restricted Maintenance to be funded at 2.5% of total General Fund expenditures if district match toward Deferred Maintenance Fund is suspended for one more yearTransportation expense of $532,980

27

Average Daily AttendanceAverage Daily Attendance28

08/09 09/10 10/11 11/12Kindergarten 723 662 680 670

Grade 1-3 2,275 2,238 2,164 2,152

Grade 4-6 2,321 2,281 2,306 2,318

Special Ed 53 78 93 85

Total ADA 5,372 5,259 5,243 5,225

CBEDS 5,562 5,451 5,458 5,431

% of ADA 96.6 96.5 96.1 96.2

Unrestricted General FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Unrestricted General FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 201129

2008-09 2009-10 2010-11 2011-12Revenues Actual Actual Projection Budget------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------State Aid 286,108 243,375 197,794 184,072Property Tax 33,729,349 33,118,751 32,664,821 33,026,842In Lieu Property Tax Transfer 0 (5,538) 0 0Special Ed ADA TRNF (353,635) (371,974) (383,184) (392,237)

------------------ ------------------ ------------------ ------------------Total Revenue Limit Sources 8010-8099 33,661,821 32,984,614 32,479,431 32,818,677

Federal Revenues 8100-8299 295,181 141,360 165,127 158,500Other State Revenues 8300-8599 4,080,733 5,883,709 5,881,427 5,708,506Basic Aid Adjustment (Fair Share) 8300-8599 0 (1,359,032) (1,896,664) (2,885,283)Other Local Revenues 8600-8799 2,484,410 2,194,870 3,006,895 747,788Transfers In 8910-8929 1,202,016 1,030,066 2,175,403 3,014,544Cont to Restricted - Special Education 8980-8999 (2,578,715) (2,535,249) (2,827,822) (3,262,576)Cont to Restricted - Routine Maintenance 8980-8999 (1,484,560) (1,050,054) (1,085,128) (1,087,761)Cont to Restricted - Special Ed. Transportation 8980-8999 (122,409) (207,784) (194,486) (239,758)Budget Act Flexibility 8980-8999 1,235,095 0 0 0

------------------ ------------------ ------------------ ------------------Total Other Income 5,111,750 4,097,886 5,224,752 2,153,960

Total Revenues 38,773,571 37,082,500 37,704,183 34,972,637

Expenditures ------------------------------------------------------------- Certificated Salaries 1000-1999 21,166,875 20,917,880 20,282,330 19,896,109Classified Salaries 2000-2999 3,686,704 3,757,960 3,854,001 3,995,517Employee Benefits 3000-3999 7,207,915 7,438,549 7,340,829 7,468,502Books/Supplies 4000-4999 845,269 1,519,541 2,879,552 1,223,284Services, Other Operating Serv. 5000-5999 3,497,601 3,345,792 3,926,436 3,487,589Capital Outlay 6000-6999 14,024 5,680 43,773 27,860Other Outgo/Direct Support/Indirect Cost 7100-7499 (419,978) (404,606) (506,746) (459,052)Transfers Out 7610-7629 1,591,356 817,967 951,409 0

------------------ ------------------ ------------------ ------------------Total Expenditures 37,589,767 37,398,763 38,771,584 35,639,809

Changes in Fund Balance 1,183,804 (316,263) (1,067,401) (667,172)

Beginning Balance 6,168,299 7,352,103 7,035,840 5,968,439------------------ ------------------ ------------------ ------------------

Ending Balance 7,352,103 7,035,840 5,968,439 5,301,267=========== =========== =========== ===========

Unrestricted General Fund RevenuesUnrestricted General Fund Revenues30

Unrestricted General ExpendituresUnrestricted General Expenditures31

Components of the Ending Fund BalanceJune 30, 2011

Components of the Ending Fund BalanceJune 30, 2011

32

Ending Balance 2008-09 2009-10 2010-11 2011-12Designations Actual Actual Projection Budget------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------Revolving Cash Fund 10,000 10,000 10,000 10,000Cash In Bank 20,000 20,000 20,000 20,000Stores 128,265 115,632 115,632 115,632Designated For: Lottery 567,973 623,195 627,903 578,727 Vacation Buyout 248,749 186,480 186,480 186,480 Excess Property Tax / Revenue Limits 1,371,290 0 0 0 Projected Fair Share 1,345,850 1,888,658 0 1,724,250 Categorical Carryovers:

Physical Education Grant 92,947 159,912 0 0Art & Music - On-going 139,995 130,650 0 0

GATE 29,330 16,925 0 0Instructional materials Realignment(IMFRP) 366,296 248,649 0 0

Peer Assistance & Review (PAR) 99,495 38,267 0 0Intencive Prof. Reading - Math & Science 9,361 2,098 0 0

Teacher Credentialing Block Grant (BTSA) 96,024 68,885 0 0Professional Development Block Grant 853 48,073 0 0

School & Library Improvement Blk Grant - SLIP 125,581 80,960 0 0Targeted Instruction Block Grant - SLIP Sup 33,375 5,054 0 0

English Language Acquisition - ELAP 801 1,607 0 0Art, Music & Physical Education - One time 203,041 78,259 0 0

Discretionary Block Grant - School Sites 14,873 11,038 0 0Library Material & Ed. Technology - One time 28,023 9,373 0 0

Restricted Funding - MAA 134,535 153,024 0 0Reserve for Economic Uncertainties 2,013,962 2,037,946 2,495,219 2,302,547Undesignated Amount 271,484 1,101,155 2,513,204 363,630

------------------ ------------------ ------------------ ------------------Total Ending Balance 7,352,103 7,035,840 5,968,439 5,301,267

=========== =========== =========== ===========

Multi Year ProjectionMulti Year Projection 33

2011-12 2012-13 2013-142.24% 3.20% 2.70%

COLA 137.00 200.00 174.00 Prior Year Base Revenue 6,109.22 6,246.22 6,446.22 Base Revenue 6,246.22 6,446.22 6,620.22 ADA 5,171.52 5,152.64 5,092.51 Revenue Limits Calculation 32,302,452 33,215,051 33,713,537 Add On's - - - Total Revenue Limits 32,302,452 33,215,051 33,713,537 Deficit Factor 0.80246 0.80246 0.80246 Deficited Revenue Limits 25,921,425 26,653,750 27,053,765

Property Tax 33,026,842 33,456,191 33,958,034 District of Choice 184,072 189,590 201,906 Special Education ADA Transfer (392,237) (400,082) (408,084) Total Revenue Limits 32,818,677 33,245,699 33,751,856 Federal Revenues 158,500 221,854 244,039 State Revenues 5,708,506 5,866,482 6,024,876 State "Fair Share" adjustment (2,885,283) (2,962,783) (3,007,247) Local Revenues 747,788 800,990 837,099 Contributions to Other Programs:Special Education (3,262,576) (3,425,705) (3,596,990) Transportation (239,758) (251,746) (264,333) Routine Maintenance Account (1,087,761) (1,142,149) (1,199,257) Total Contributions to Other Programs (4,590,095) (4,819,600) (5,060,580) Transfers In 3,014,544 1,072,600 1,083,490 Total Revenues 34,972,637 33,425,242 33,873,533

Multi Year ProjectionMulti Year Projection 34

2011-12 2012-13 2013-14Certificated Salaries 19,896,109 19,614,409 19,931,799 Classified Salaries 3,995,517 3,853,648 3,812,189 Employee Benefits 7,468,502 6,687,476 6,860,705 Books & Supplies 1,223,284 815,449 793,156 Services 3,487,589 3,303,246 3,325,557 Capital Equipments 27,860 33,760 45,600 Other Outgo (459,052) (445,021) (468,652) Transfer Out - - - Total Expenditures 35,639,809 33,862,967 34,300,354

Excess / Under (667,172) (437,725) (426,821)

Beginning Balance 5,968,439 5,301,267 4,863,542

Ending Balance 5,301,267 4,863,542 4,436,721

Multi Year ProjectionMulti Year Projection35

Use of the remaining $2,000,000 from Reserve as Approved during budget planning for future years in 2009-10

Is it going to be $1,000,000 each year?

Utilizing State Categorical Programs Tier III Flexibilities to maximum to cover the potential negative impact of $1,724,250 to cover the effect of $330 per ADA over multi years?

Increase the current Board approved class sizes to ?:K-3 @ 23:14th – 6th @ 31:1

Facilities Issue with smaller classrooms?The impact of the layoffs?Eliminating auxiliary supports? – Reading Teachers, TOSA’s?

Eliminating or combining Central Services at the District and School Sites level?

Reducing Departments, and Sites discretionary funds?

Restricted General FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Restricted General FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

36

2008-09 2009-10 2010-11 2011-12

Revenues Actual Actual Projection Budget

------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------Property Tax 185,311 167,599 168,498 171,025Special Ed ADA TRNF 353,635 371,974 383,184 392,237

------------------ ------------------ ------------------ ------------------Total Revenue Limit Sources 8010-8099 538,946 539,573 551,682 563,262

Federal Revenues 8100-8299 2,028,591 3,216,990 2,797,253 1,653,157Other State Revenues 8300-8599 3,070,873 945,287 983,990 967,446Other Local Revenues 8600-8799 2,567,035 2,435,290 2,613,389 2,637,168Cont to Restricted - Special Education 8980-8999 2,578,715 2,535,249 2,827,822 3,262,576Cont to Restricted - Routine Maintenance 8980-8999 1,484,560 1,050,054 1,085,128 1,087,761Cont to Restricted - Special Ed. Transportation 8980-8999 122,409 207,784 194,486 239,758Budget Act Flexibility 8980-8999 (1,235,095) 0 0 0

------------------ ------------------ ------------------ ------------------Total Other Income 10,617,088 10,390,654 10,502,068 9,847,866

Total Revenues 11,156,035 10,930,227 11,053,750 10,411,128

Expenditures ------------------------------------------------------------- Certificated Salaries 1000-1999 3,442,624 3,608,980 4,171,959 3,663,227Classified Salaries 2000-2999 2,084,832 2,153,773 2,216,516 2,371,893Employee Benefits 3000-3999 1,566,292 1,767,511 2,069,379 2,062,135Books/Supplies 4000-4999 1,362,800 325,598 691,325 367,958Services, Other Operating Serv. 5000-5999 3,646,757 3,088,273 1,522,225 1,509,221Capital Outlay 6000-6999 8,292 0 0 0Other Outgo/Direct Support/Indirect Cost 7100-7499 409,889 394,411 484,387 436,694Transfers Out 7610-7629 267,500 0 0 0

------------------ ------------------ ------------------ ------------------Total Expenditures 12,788,985 11,338,545 11,155,791 10,411,128

Changes in Fund Balance (1,632,950) (408,318) (102,041) 0

Beginning Balance 2,143,309 510,359 102,041 0------------------ ------------------ ------------------ ------------------

Ending Balance 510,359 102,041 0 0=========== =========== =========== ===========

Restricted General Fund RevenuesRestricted General Fund Revenues 37

Restricted General Fund ExpendituresRestricted General Fund Expenditures 38

General Fund Expenditures(Unrestricted & Restricted)

General Fund Expenditures(Unrestricted & Restricted)

Capital Outlay0.1%

Services, Other Operating Serv.

10.8%

Books/Supplies3.5%

Employee Benefits

20.7%

Classified Salaries13.8%

Certificated Salaries51.1%

39

District Expenditures by FunctionDistrict Expenditures by Function 40

Child Nutrition FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Child Nutrition FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

41

2008-09 2009-10 2010-11 2011-12Revenues Actual Actual Projection Budget------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------Revenue Limit Sources 8010-8099 0 0 0 0Federal Revenues 8100-8299 325,633 323,887 319,315 315,750Other State Revenues 8300-8599 19,250 23,208 14,750 23,150Other Local Revenues 8600-8799 618,196 511,188 595,327 569,095

------------------ ------------------ ------------------ ------------------Total Revenues 963,080 858,283 929,392 907,995

Expenditures-------------------------------------------------------------Certificated Salaries 1000-1999 0 0 0 0Classified Salaries 2000-2999 509,529 489,081 472,178 451,594Employee Benefits 3000-3999 135,810 137,068 136,069 146,311Books/Supplies 4000-4999 299,968 245,731 273,377 259,967Services, Other Operating Serv. 5000-5999 36,675 30,384 33,458 39,200Capital Outlay 6000-6999 0 0 0 0Other Outgo/Direct Support/Indirect Cost 7100-7499 10,089 10,196 22,359 22,359 ------------------ ------------------ ------------------ ------------------

Total Expenditures 992,071 912,460 937,441 919,431

Changes in Fund Balance (28,991) (54,177) (8,049) (11,436)Audit Adjustment 0 0 0 0Beginning Fund Balance 179,891 150,899 96,723 88,674

------------------ ------------------ ------------------ ------------------Ending Fund Balance 150,899 96,723 88,674 77,238

=========== =========== =========== ===========

Deferred Maintenance FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Deferred Maintenance FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

42

2008-09 2009-10 2010-11 2011-12Revenues Actual Actual Projection Budget

------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------

Revenue Limit Sources 8010-8099 0 0 0 0

Federal Revenues 8100-8299 0 0 0 0

Other State Revenues 8300-8599 186,043 0 0 0Other Local Revenues 8600-8799 10,426 6,475 3,850 4,565Transfers In 8910-8929 267,500 197,464 0 0

------------------ ------------------ ------------------ ------------------Total Revenues 463,969 203,939 3,850 4,565

Expenditures-------------------------------------------------------------Certificated Salaries 1000-1999 0 0 0 0Classified Salaries 2000-2999 0 0 0 0Employee Benefits 3000-3999 0 0 0 0Books/Supplies 4000-4999 0 0 0 0Services, Other Operating Serv. 5000-5999 192,925 193,099 450,000 200,000Capital Outlay 6000-6999 0 0 0 0Other Outgo/Direct Support/Indirect Cost 7100-7499 0 0 0 0 ------------------ ------------------ ------------------ ------------------Total Expenditures 192,925 193,099 450,000 200,000

Changes in Fund Balance 271,044 10,839 (446,150) (195,435)Audit Adjustment 0 0 0 0Beginning Fund Balance 378,172 649,216 660,055 213,905


=========== =========== =========== ===========

Special Reserve – Non Capital FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Special Reserve – Non Capital FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 201143

2008-09 2009-10 2010-11 2011-12Revenues Actual Actual Projection Budget------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------Revenue Limit Sources 8010-8099 0 0 0 0Federal Revenues 8100-8299 0 0 0 0Other State Revenues 8300-8599 0 0 0 0Other Local Revenues 8600-8799 115,918 61,591 18,750 12,450Transfers In 8910-8929 1,591,356 620,503 951,409 0

------------------ ------------------ ------------------ ------------------Total Revenues 1,707,274 682,094 970,159 12,450

Expenditures-------------------------------------------------------------Certificated Salaries 1000-1999 0 0 0 0Classified Salaries 2000-2999 0 0 0 0Employee Benefits 3000-3999 0 0 0 0Books/Supplies 4000-4999 0 0 0 0Services, Other Operating Serv. 5000-5999 0 0 0 0Capital Outlay 6000-6999 0 0 0 0Other Outgo/Direct Support/Indirect Cost 7100-7499 0 0 0 0Transfers Out 7610-7629 1,104,713 985,772 2,120,503 2,951,409 ------------------ ------------------ ------------------ ------------------Total Expenditures 1,104,713 985,772 2,120,503 2,951,409

Changes in Fund

Balance 602,561 (303,678) (1,150,344) (2,938,959)Audit Adjustment 0 0 0 0Beginning Fund Balance 5,810,294 6,412,855 6,109,177 4,958,833

------------------ ------------------ ------------------ ------------------Ending Fund Balance 6,412,855 6,109,177 4,958,833 2,019,874

=========== =========== =========== ===========

Special Reserve - Post Employment Benefits FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Special Reserve - Post Employment Benefits FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

44

2008-09 2009-10 2010-11 2011-12Revenues Actual Actual Projection Budget------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------Revenue Limit Sources 8010-8099 0 0 0 0Federal Revenues 8100-8299 0 0 0 0Other State Revenues 8300-8599 0 0 0 0Other Local Revenues 8600-8799 12,332 5,218 6,900 2,575Transfers In 8910-8929 0 0 0 0

------------------ ------------------ ------------------ ------------------Total Revenues 12,332 5,218 6,900 2,575

Expenditures-------------------------------------------------------------Certificated Salaries 1000-1999 0 0 0 0Classified Salaries 2000-2999 0 0 0 0Employee Benefits 3000-3999 0 0 0 0Books/Supplies 4000-4999 0 0 0 0Services, Other Operating Serv. 5000-5999 0 0 0 0Capital Outlay 6000-6999 0 0 0 0Other Outgo/Direct Support/Indirect Cost 7100-7499 0 0 0 0Transfers Out 7610-7629 41,150 44,294 54,900 63,135 ------------------ ------------------ ------------------ ------------------Total Expenditures 41,150 44,294 54,900 63,135

Changes in Fund Balance (28,818) (39,076) (48,000) (60,560)Audit Adjustment 0 0 0 0Beginning Fund Balance 551,890 523,072 483,995 435,995


=========== =========== =========== ===========

Building FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Building FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

45

2008-09 2009-10 2010-11 2011-12Revenues Actual Actual Projection Budget------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------Revenue Limit Sources 8010-8099 0 0 0 0Federal Revenues 8100-8299 0 0 0 0Other State Revenues 8300-8599 0 0 0 0Other Local Revenues 8600-8799 0 0 7,045 64,830Transfers In 8910-8929 0 0 13,213,078 0

------------------ ------------------ ------------------ ------------------Total Revenues 0 0 13,220,123 64,830

Expenditures

-------------------------------------------------------------

Certificated Salaries 1000-1999 0 0 0 0

Classified Salaries 2000-2999 0 0 0 0Employee Benefits 3000-3999 0 0 0 0Books/Supplies 4000-4999 0 0 438,322 0Services, Other Operating Serv. 5000-5999 0 0 345,284 1,679,488Capital Outlay 6000-6999 0 0 2,455,896 6,282,868Other Outgo/Direct Support/Indirect Cost 7100-7499 0 0 0 0Transfers Out 7610-7629 0 0 0 0 ------------------ ------------------ ------------------ ------------------Total Expenditures 0 0 3,239,502 7,962,356

Changes in Fund Balance 0 0 9,980,621 (7,897,526)Audit Adjustment 0 0 0 0Beginning Fund Balance 0 0 0 9,980,621

------------------ ------------------ ------------------ ------------------Ending Fund Balance - 0 9,980,621 2,083,095

=========== =========== =========== ===========

Capital Facilities FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Capital Facilities FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

46

2008-09 2009-10 2010-11 2011-12Revenues Actual Actual Projection Budget------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------Revenue Limit Sources 8010-8099 0 0 0 0Federal Revenues 8100-8299 0 0 0 0Other State Revenues 8300-8599 0 0 0 0Other Local Revenues 8600-8799 337,386 137,140 104,000 96,575

Transfers In 8910-8929 0 0 0 0

------------------ ------------------ ------------------ ------------------

Total Revenues 337,386 137,140 104,000 96,575

Expenditures-------------------------------------------------------------Certificated Salaries 1000-1999 0 0 0 0Classified Salaries 2000-2999 0 0 0 0Employee Benefits 3000-3999 0 0 0 0Books/Supplies 4000-4999 0 0 0 0Services, Other Operating Serv. 5000-5999 117,880 86,039 43,500 43,500Capital Outlay 6000-6999 2,850,321 120,109 64,850 775,000Other Outgo/Direct Support/Indirect Cost 7100-7499 108,393 108,393 108,393 108,393Transfers Out 7610-7629 0 0 0 0 ------------------ ------------------ ------------------ ------------------Total Expenditures 3,076,594 314,540 216,743 926,893

Changes in Fund Balance (2,739,208) (177,400) (112,743) (830,318)Audit Adjustment 0 0 0 0Beginning Fund Balance 4,161,807 1,422,599 1,245,199 1,132,456

------------------ ------------------ ------------------ ------------------Ending Fund Balance 1,422,599 1,245,199 1,132,456 302,138

=========== =========== =========== ===========

Special Reserve – Capital Facilities FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Special Reserve – Capital Facilities FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

47


------------------ ------------------ ------------------ ------------------Total Revenues 107,109 39,542 35,250 11,250

Expenditures

-------------------------------------------------------------

Certificated Salaries 1000-1999 0 0 0 0

Classified Salaries 2000-2999 0 0 0 0Employee Benefits 3000-3999 0 0 0 0Books/Supplies 4000-4999 11,386 0 40,000 25,000Services, Other Operating Serv. 5000-5999 255,212 163,074 77,860 38,500Capital Outlay 6000-6999 379,581 1,308,879 1,750,000 770,000Other Outgo/Direct Support/Indirect Cost 7100-7499 0 0 0 0Transfers Out 7610-7629 0 0 0 0 ------------------ ------------------ ------------------ ------------------Total Expenditures 646,179 1,471,953 1,867,860 833,500

Changes in Fund Balance (539,070) (1,432,411) (1,832,610) (822,250)Audit Adjustment 0 0 0 0Beginning Fund Balance 4,701,341 4,162,271 2,729,860 897,250

------------------ ------------------ ------------------ ------------------Ending Fund Balance 4,162,271 2,729,860 897,250 75,000

=========== =========== =========== ===========

Paul Ecke Central Trust Fund Revenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Paul Ecke Central Trust Fund Revenues, Expenditures, and Changes in Fund Balance

June 30, 2011

48

2008-09 2009-10 2010-11 2011-12Revenues Actual Actual Projection Budget------------------------------------------------------------- ------------------ ------------------ ------------------ ------------------Revenue Limit Sources 8010-8099 0 0 0 0Federal Revenues 8100-8299 0 0 0 0Other State Revenues 8300-8599 0 0 0 0Other Local Revenues 8600-8799 2,671 1,170 1,025 950Transfers In 8910-8929 0 0 0 0

------------------ ------------------ ------------------ ------------------Total Revenues 2,671 1,170 1,025 950

Expenditures-------------------------------------------------------------Certificated Salaries 1000-1999 0 0 0 0Classified Salaries 2000-2999 0 0 0 0Employee Benefits 3000-3999 0 0 0 0

Books/Supplies 4000-4999 2,459 3,207 2,275 1,025

Services, Other Operating Serv. 5000-5999 0 0 0 0

Capital Outlay 6000-6999 0 0 0 0

Other Outgo/Direct Support/Indirect Cost 7100-7499 0 0 0 0Transfers Out 7610-7629 0 0 0 0 ------------------ ------------------ ------------------ ------------------Total Expenditures 2,459 3,207 2,275 1,025

Changes in Fund Balance 212 (2,037) (1,250) (75)Audit Adjustment 0 0 0 0Beginning Fund Balance 112,720 112,933 110,895 109,645


=========== =========== =========== ===========Note: Under the terms of the trust, only the interest earned in the prior years may be expended.

Self Insurance FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

Self Insurance FundRevenues, Expenditures, and Changes in Fund Balance

June 30, 2011

49


------------------ ------------------ ------------------ ------------------Total Revenues 663,849 738,673 667,220 724,190

Expenditures-------------------------------------------------------------Certificated Salaries 1000-1999 0 0 0 0Classified Salaries 2000-2999 0 0 0 0Employee Benefits 3000-3999 0 0 0 0Books/Supplies 4000-4999 0 0 0 0Services, Other Operating Serv. 5000-5999 354,187 379,540 405,125 455,159OPEB Obligation 9664-9664 267,230 427,364 430,285 508,291Other Outgo/Direct Support/Indirect Cost 7100-7499 0 0 0 0Transfers Out 7610-7629 0 0 0 0 ------------------ ------------------ ------------------ ------------------Total Expenditures 621,417 806,905 835,410 963,450

Changes in Fund Balance 42,431 (68,231) (168,190) (239,260)Audit Adjustment 0 0 0 0Beginning Fund Balance 26,096 68,527 296 (167,894)

------------------ ------------------ ------------------ ------------------Ending Fund Balance 68,527 296 (167,894) (407,154)

=========== =========== =========== ===========

QuestionsQuestions 50

Thank youThank you

encinitas union school district

Documents