escalon unified school district 2012-2013 2nd interim report

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Escalon Unified School District 2012-2013 2nd Interim Report. Certification- the District’s certification remains positive Attendance- Our estimated R/L ADA is 2,769.15…based on prior year P-2 Revenues- up by $219,457 Expenditures- up by $134,427 - PowerPoint PPT Presentation

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Page 1: Escalon Unified School District  2012-2013  2nd Interim Report
Page 2: Escalon Unified School District  2012-2013  2nd Interim Report

Certification- the District’s certification remains positive

Attendance- Our estimated R/L ADA is 2,769.15…based on prior year P-2

Revenues- up by $219,457

Expenditures- up by $134,427

Contribution- Contributions to Special Education, Routine Restricted Maintenance and Transportation is still projected at a $1.9 million encroachment to the general fund

Page 3: Escalon Unified School District  2012-2013  2nd Interim Report

Transfers Out- increased by 78,493

Deficit Spending- went from $663,548 to $657,011

Other Funds- No changes except for Fund 17 EFB up 222k = 143,589 (gas lines) + 78,493 (mandated costs)

Cash Flow- Because of EPA we will have positive cash of $2.4 mil.

Ending Fund Balance- 4.7 mil

Page 4: Escalon Unified School District  2012-2013  2nd Interim Report

Multi-year projections- The Governor’s budget for next year includes a Local Control Funding Factor (LCFF) not included in 2nd Interim

Free/Reduced and EL counts Too early to know what is included in

the calculation Should benefit us, but it is too soon to

know for certain 1.65% COLA for 13-14, 2.2% COLA 14-

15

Deficit Spending- is projected -858k 13-14 and 802k 14-15

Page 5: Escalon Unified School District  2012-2013  2nd Interim Report

Continued conservative spending will help end the year on a more positive note to help with projected deficits

5 furlough days coming back to employees in 13-14 is positive for all staff

Increasing our student’s attendance will not only provide better learning opportunities, it will provide more revenue to help our District stay solvent in this fiscal crisis

Page 6: Escalon Unified School District  2012-2013  2nd Interim Report