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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
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