COLTON JOINT UNIFIED SCHOOL DISTRICT 1212 Valencia Drive, Colton, California 92324-1798

Adopted Budget (Revised)

2010-2011

Board of Education Mr. Mel Albiso President Mr. Frank A. Ibarra Vice President Mr. David R. Zamora Clerk Mr. Robert D. Armenta, Jr. Member Mrs. Patt Haro Member Mr. Kent Taylor Member Mrs. Marge Mendoza-Ware Member

Presented to Governing Board September 2, 2010

01 GENERAL FUND

11 ADULT EDUCATION FUND

12 CHILD DEVELOPMENT FUND

13 NUTRITION SERVICES FUND

14 DEFERRED MAINTENANCE FUND

17 SPECIAL RESERVE FOR OTHERTHAN CAPITAL OUTLAY PROJECTS

21 BUILDING FUND

25 CAPITAL FACILITIES FUND

35 SCHOOL FACILITY FUND

40 SPECIAL RESERVE FORCAPITAL OUTLAY PROJECTS

51 BOND INTERESTAND REDEMPTION FUND

67 SELF INSURANCE FUND

COMMUNITY FACILITIESDISTRICT 2 & 3

MULTIYEAR PROJECTIONS

COLTON JOINT UNIFIED SCHOOL DISTRICTMULTI-YEAR PROJECTION

2010-11 ADOPTED BUDGET (Revised)

4.25% COLA, 18.355% Deficit

-0.39% COLA, 18.355% Deficit

0% COLA, 18.355% Deficit

0% COLA, 18.355% Deficit

2009-10 % 2010-11 % 2011-12 % 2012-13 %

Description Estimated of Adopted of Projected of Projected of

Actuals Change Budget (Revised) Change Budget Change Budget ChangeRevenues & Other Financing Sources:Revenue Limit Sources 112,982,317$ -12.4% 110,834,941$ -1.9% 111,021,122$ 0.2% 112,037,399$ 0.9%

Federal Revenue 19,571,634$ -14.5% 13,440,184$ -31.3% 11,133,361$ -17.2% 11,133,361$ 0.0%

Other State Revenue 29,594,609$ -12.1% 27,329,152$ -7.7% 27,250,517$ -0.3% 27,275,550$ 0.1%

Other Local Revenues 12,753,490$ 0.1% 10,098,519$ -20.8% 10,200,253$ 1.0% 10,297,146$ 0.9%Other Financing Sources 2,975,357$ 5,477,050$ 84.1% 3,500,000$

Total, Revenues: 177,877,406$ -10.3% 167,179,846$ -18.3% 163,105,253$ -2.4% 160,743,457$ -1.4%Expenditures & Other Financing Uses:Certificated Salaries 94,405,943$ -3.7% 94,777,210$ 0.4% 87,698,421$ -7.5% 82,246,193$ -6.2%

Classified Salaries 28,569,146$ -4.7% 28,748,779$ 0.6% 25,659,319$ -10.7% 23,018,006$ -10.3%

Employee Benefits 34,732,366$ -3.7% 37,493,553$ 7.9% 36,077,428$ -3.8% 36,869,694$ 2.2%

Books & Supplies 6,073,142$ -39.9% 6,641,680$ 9.4% 4,046,390$ -39.1% 4,061,226$ 0.4%

Services & Operating Expenses 13,346,516$ -7.1% 13,159,853$ -1.4% 12,491,221$ -5.1% 12,571,410$ 0.6%

Capital Outlay 172,504$ -89.4% 669,766$ 288.3% 681,152$ 1.7% 695,456$ 2.1%

Other Outgo 3,548,925$ -11.5% 2,700,478$ -23.9% 2,700,478$ 0.0% 2,700,478$ 0.0%

Direct Support/Indirect Costs (596,957)$ -10.1% (691,897)$ 15.9% (691,897)$ 0.0% (691,897)$ 0.0%Other Financing Uses 2,644,558$ 152.9% 381,169$ -85.6% 381,169$ 0.0% 1,181,169$

Total, Expenditures: 182,896,145$ -6.0% 183,880,591$ 0.5% 169,043,681$ -8.1% 162,651,736$ -3.8%

Net Inc. (Dec.) in Fund Balance (5,018,738)$ -231.4% (16,700,745)$ 232.8% (5,938,428)$ -64.4% (1,908,279)$ -67.9%

Beginning Balance July 1 34,145,002$ 29,126,263$ 12,425,518$ 6,487,090$

Ending Balance 29,126,263$ -21.3% 12,425,518$ -57.3% 6,487,090$ -47.8% 4,578,812$ -29.4%Components of Ending Balance:Revolving Cash 50,000$ 0.0% 50,000$ 0.0% 50,000$ 0.0% 50,000$ 0.0%

Prepaid Expenditures -$ -$

Cash with Fiscal Agent -$ Stores 152,574$ -11.3% 150,000$ -1.7% 150,000$ 0.0% 150,000$ 0.0%

Reserve for Econ Uncertainties 5,486,859$ -6.0% 5,489,499$ 0.0% 2,072,496$ -62.2% 1,234,014$ -77.5%

Legally Restricted Ending Balances 6,317,396$ 1,912,627$ 1,912,627$ 1,912,627$

Lottery 200,072$ 200,072$ 200,072$ -$

Donations 149,659$ 149,659$ 149,659$ 149,659$

Mandated Cost Incentive 2,450,472$ 2,450,472$ 1,383,611$ 513,887$

E-Rate Designation 566,578$ 566,578$ 566,578$ 566,578$

Special Reserve - Reche Canyon Elementary 1,748$ 1,748$ 1,748$ 1,748$

Special Reserve - Wilson Elementary Band 300$ 300$ 300$ 300$ Designated for Future Operational Budget 13,750,606$ 1,454,564$ -$ -$

Unappropriated Amount 0$ 0$ 0$ 0$

Fund 17 Reserve Balance 3,556,435$ 3,601,779$ 3,655,806$ 3,710,643$

% of Unrestricted Reserve 4.94% 4.94% 3.39% 3.04%

FISCAL RECOVERY PLAN:

2011-12: Revenue Budget is Increased by $3.5 Million from Retiree Benefits Reserve 3,500,000$

2011-12: Expenditure Budget is Reduced by $12.67 Million as On-going Program Cuts 12,673,309$ 12,673,309$

2011-12: Expenditure Budget is Reduced for Nine Furlough Days for All Employees 6,146,622$ 6,146,622$

2012-13: Expenditure Budget is Reduced for 9% Salary Concessions for All Employees -$ 11,937,879$

CRITERIA AND STANDARDS

CASHFLOW

SUPPORTING SCHEDULES