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
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
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
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
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