plumas lake esd 2009-2010 first interim report budget committee meeting november 17, 2009

Plumas Lake ESD2009-2010

First Interim Report

Budget Committee Meeting

November 17, 2009

Revenue- “Revenue Limit” REVENUES AND OTHER FINANCING SOURCES

2009-10 Projected Budget

1) Revenue Limit

a. Base Revenue Limit per ADA 6,597

b. Revenue Limit ADA 994

c. Total Base Revenue Limit (a*b) 6,560,283

d. Other Revenue Limit (form RL1 lines 6 thru 14) 570,998

e. Total Revenue Limit subject to Deficit (sum lines c plus d) 7,131,281

f. Deficit factor 81.65%

g. Deficited Revenue Limit (line e*f) 5,822,334

h. Plus: Other adjustments (e.g. basic aid, charter schools object 8015, prior year adjustments objects 8019 and 8099) 27,705

i. Revenue Limit Transfers (objects 8091 and 8097) 3,238

j. Other adjustments (Form RL1 lines 18 thru 20 and line 41) (251,286)

k. Total Revenue Limit Sources (sums lines g thru j) 5,601,991

$s we are supposed to earn for each student who attends school every day.

Average Student Enrollment times 95% including Charter

and SPED

Adjustment in RL for beginning teachers salaries

and other programs

Total we should receive from the State.

We only receive 81.65%

What we actually are going to receive from the State

Approx. $250 per student cut made in July 2009 b/c

State did not pass cuts until after 2008-09 finished.

Deficited Revenue Limit

Revenue Limit- MYP 0.5% COLA

2009-10 Projected Budget %%



REVENUES AND OTHER FINANCING SOURCES

1) Revenue Limit

a. Base Revenue Limit per ADA 6,597 6,628 6,770

b. Revenue Limit ADA 994 0% 994 994

c. Total Base Revenue Limit (a*b) 6,560,283 6,590,751 6,731,704

d. Other Revenue Limit (form RL1 lines 6 thru 14) 570,998 570,998 570,998

e. Total Revenue Limit subject to Deficit (sum lines c plus d) 7,131,281 7,161,749 7,302,702

f. Deficit factor 81.65% 81.645% 81.645%

g. Deficited Revenue Limit (line e*f) 5,822,334 5,847,210 5,962,291

h. Plus: Other adjustments (e.g. basic aid, charter schools object 8015, prior year adjustments objects 8019 and 8099) 27,705 27,705 27,705

i. Revenue Limit Transfers (objects 8091 and 8097) 3,238 3,238 3,238

j. Other adjustments (Form RL1 lines 18 thru 20 and line 41) (251,286) 0% 0%

k. Total Revenue Limit Sources (sums lines g thru j) 5,601,991 5,878,153 5,993,234

2% COLA

Assumption: 0% Growth in ADA for next 2 years

Assumption: No Change in the Deficit

Factor

Assumption: No continuation of one

time cut

Other Revenue




2) Federal Revenue: 8100:8299 223,033 -29.23%

123,805 0.00%

123,805

3) Other State Resources: 8300-8599 (Resources 0000, 1100, 1300)

912,729 0.73%

915,097 0.93%

933,546

4) Other Local Revenue: 8600-8799 473,782 0.00%

460,080 0.00%

467,422

5) Other Financing Sources: 8910-8999 42,250 0.00%

42,250 0.00%

42,250

Federal Revenue is much less than adopted budget due to

the change in rules on when to show as revenue.

We will not receive the Federal Stimulus Money for SPED, No Title

I, less Title II and no Title V.Assumption: No

Change in Federal Funding

State Categorical Much is now flexible and can be spent as

unrestricted $’s

County Transfer of SPED $’s, Interest, Facilities Fees

Transferring from Fund 52 to pay for CFD expenses such as

Lawyer Fees.

Assumption: Small COLA

Total Revenue




1) Total Revenue Limit Sources (sums lines g thru 5,601,991 5,878,153 5,993,234

2) Federal Revenue: 8100:8299 223,033 -29.23% 123,805 0.00% 123,805

3) Other State Resources: 8300-8599 (Resources 0000, 1100, 1300)

912,729 0.73%

915,097 0.93%

933,546

4) Other Local Revenue: 8600-8799 473,782 0.00% 460,080 0.00% 467,422

5) Other Financing Sources: 8910-8999 42,250 0.00% 42,250 0.00% 42,250

6) TOTAL REVENUES (K THROUGH 5) 7,253,785 2.28% 7,419,385 1.90% 7,560,257

Loss in Revenue due to Deficit

-1,308,947

-1,314,539

-1,340,411

Salary Expenditures 2009-10 Projected Budget %

2010-11 Projected Budget %


EXPENDITURES AND OTHER FINANCING USES

1) Certificated Salaries -

a. Base Salaries 3,202,627 3,281,412

b. Step & Column Adjustment 2.46% $78,785.00 2.46% $80,723.00

c. Cost-of-Living Adjustment 0.00% 0.00%

d. Other adjustments

e. Total Certificated Salaries (sums limes a through d) 1000:1999

3,202,627

3,281,412

3,362,135

Teachers move a step each year they have been in the district and can move over a column with more educational

units. This means every year our salaries increase. This is the average increase over the last couple of years

Salary Expenditures 2009-10 Projected Budget %




2) Classified

a. Base Salaries 1,199,562 1,257,741

b. Step & Column Adjustment 4.85% 58,179 4.85% 61,000

c. Cost-of-Living Adjustment

d. Other adjustments

e. Total Classified Salaries (sums limes 2a through 2d) 2000:2999

1,199,562

1,257,741

1,318,741

3) Employee Benefits-3000:3999

1,568,926

1,576,026

1,600,229

Classified move a step each year they have been in the district. This means every year our salaries increase. This is the average increase over the last couple of years.

This includes the District portion of:Health Benefits ($10,000 per full time employee per year)PERS/STRS (Retirement)FICA MedicareUnemploymentWorkers Comp.

Certificated 13%Classified 23%

Books and Supply Expenditures





4) Books & Supplies-4000:4999 335,088

-2.66% 326,170 2.20% 333,345

Approved Textbooks and Core Materials 4100 63,561

Books and Other Reference Materials 4200 24,227

Materials and Supplies 4300 227,883

Noncapitalized Equipment 4400 19,417

New Math Program for K-5 to be purchased this year.

California Consumer Price Index.

Custodial SuppliesClassroom SuppliesOffice SuppliesFuel for buses/vehicles

Reduction in one time expenditures then multiplied by the California Consumer Price Index (1.9%)

Services Expenditures





5) Services, Other Operating-5000:5999 1,179,670 1,176,562 2.20% 1,202,446

Subagreements for Services 5100 114,969

Travel and Conferences 5200 58,923

Dues and Memberships 5300 4,139

Insurance 5400-5450 80,908

Operations and Housekeeping Services 5500 292,650

Rentals, Leases, Repairs, and 5600Non Capitalized Improvements……..

107,593

Transfers of Direct Costs Interfund 5750 227

Professional/Consulting Services and 5800Operating Expenditures…….. 475,369

Communications 5900 44,865

Legal Fees, AERIES, Financial System, IT, SPED (Psych, OT , Behavior), Auditors, etc

Mileage for employees, conferences for employees/board

Property/Liability Insurance

PGE, OPUD, Pest Control, Garbage

Copiers, Bus Inspections/ Repairs, Maintenance we can’t do.

Other Outgo





7) Other Outgo-(excluding Direct Support/Indirect Costs) 7100:7299, 7400-7499

280,911

286,123

286,272

Payments to County Office 7142 274,311

Debt Service Interest 7438 980

Other Debt Service Principal 5,620

8) Direct Support/Indirect Support: 7300:7399 (17,751) (17,751) 0.00% (17,751)

Indirect costs from Fund 13- Cafeteria

Payment to County for SPED services and transportation

Bottom Line




6) TOTAL REVENUES (K THROUGH 5) 7,253,785 2.28%

7,419,385 1.90%

7,560,257

11) TOTAL EXPENDITURES, TRANSFERS OUT, AND USES (SUM LINES B1 THRU B10)

7,749,033 1.77%

7,886,282 2.53%

8,085,418

C. NET INCREASE (DECREASE) IN FUND BALANCE (LINE 16 MINUS B11) OVER EXPENDITURES (495,248) (466,897) (525,161)

Fund Balance




1. Net Beginning Fund Balance (form 011, line f1e) 2,549,853 2,054,606 1,587,709

2. Ending Balance 2,054,606 1,587,709 1,062,548

3. Components fo Ending Fund Balance (Form 011)

a. Fund Balance Reserves: 9710:9740 5100 5,100 5,100

b. Designated for Economic Uncertainties: 9770 385,339 394,314 404,271

c. Fund Balance Designations: 9775, 9780 1,664,165 1,188,295 653,177

d. Undesignated/Unappropriated Balance 9790

e. Total Components of Ending Fund Balance (line D3e must agree with line D2)

2,054,606

1,587,709

1,062,548


Petty Cash State Mandated- We are at 5%

Please see next page

Fund Balance 2009-10 Projected Budget %



c. Fund Balance Designations: 9775, 9780 1,662,054 1,188,295 653,177

Certificates of Participation 476,315

Charter ADA Issues 186,511

Reserved for 09-10 and 10-11 Budget 473,717

Lottery Unrestricted 366,867

ARRA:SFSF 10-11 Salaries 129,098

Medical Billing 605

English Language Acquisition Program 7,677

Lottery Instructional Materials 4,459

CAHSEE 487

Economic Impact Aid 411

Ongoing Major Maintenance 18,015

969,682

These 3 make up our Spendable

Reserve= $969,682

If Fund 25 can not pay for our COP the General Fund is responsible.

Wheatland HS MOU- Possibly a liability of up to $591,000.

Fund Balance Bottom Line




6) TOTAL REVENUES (K THROUGH 5) 7,253,785 2.28%

7,419,385 1.90%

7,560,257

11) TOTAL EXPENDITURES, TRANSFERS OUT, AND USES (SUM LINES B1 THRU B10)

7,749,033 1.77%

7,886,282 2.53%

8,085,418


If we used our Spendable Reserve for the next 2 years. $969,682 502,785 (22,376)

plumas lake esd 2009-2010 first interim report budget committee meeting november 17, 2009

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