2011/12 ADOPTED BUDGET
Presented to the Board of Trustees
June 28, 2011

Beginning Fund Balance
Revenues
Expenditures
Net Increase/(Decrease) Fund Balance
Ending Fund Balance
Components of Ending Fund Balance:
Nonspendable
Restricted
Assigned
Unassigned – Economic Uncertainties
Unassigned (Available) Fund Balance
$41,794,908
234,465,528
232,466,415
1,999,113
$43,794,021
$555,000
8
14,073,227
6,972,589
$22,193,197

Federal
10%
State
20%
Revenue
Limit
65%
Local &
Other
5%
Revenue Limit
Federal
State
Local & Other
$153,079,623
22,277,074
46,633,812
12,475,019

2011/12 REVENUE LIMIT ADA vs P2 ADA – K/12
26,000
24,000
22,000
20,000
18,000
16,000
14,000
12,000
10,000
P-2 ADA (Not Including SCOE)
Rev Lim ADA (Not Including SCOE)
07/08 Actual
(Combined
Districts)
08/09 Actual 09/10 Actual 10/11 Actual
24,908
25,578
24,277
24,515
23,870
23,926
23,841
23,841
11/12
Projection
23,740
23,740


2.24% Cost of Living Adjustment
 Apply 2011-12 deficit of
19.754% to our undeficited
2011-12 revenue limit (RL) per ADA
 Twin Rivers USD
Funded RL
= $7,330 – ($7,330 x 0.19754)
= $7,330 – $1,448
= $5,882
$7,330 $7,330
Deficit
Factor
Reduction
$1,448 (19.754%)
2011-12
Revenue
Limit
Funding
 Loss of $1,448 per ADA
 $1,448 x 23,740 ADA =
$34,375,520 loss of revenue
2011-12 Revenue Limit
Before Deficit
2011-12 Revenue Limit After
Deficit and Cut
$5,882

2011/12 P2 ADA - Charter
1,800
1,700
1,600
1,500
1,400
1,300
1,200
P-2 ADA
07/08 Actual
(Combined
Districts)
1,413
08/09 Actual 09/10 Actual 10/11 Actual
1,678 1,730 1,822
11/12
Projection
1,955


 One-time funding eliminated:


American Recovery and Reinvestments Act (ARRA) of $1.2 million
Education Jobs Funds of $5.6 million
 15% reduction to Title I and 20% reduction to Title II,
Teacher Quality
 Deferred revenue:



Estimated at $13.5 million
Only $1.7 million is reflected in the Adopted Budget
Remainder will be budgeted at First Interim once the actuals are known

 STATE REVENUE:








English Language Acquisition Program now a part of Economic Impact Aid
(EIA)
EIA reduced 10%
QEIA and ASES reduced
CSR remains the same as prior year
No Mandated Cost
One-time funding eliminated
Lottery per student rate is $128.50
SBx3 4 Flexibility
 LOCAL REVENUE:


Interest Income
One-time funding eliminated
 State Special Ed – no COLA or cut from SELPA

Books &
Supplies
5%
Capital & Other
2%
Certificated
45%
Services
11%
Employee
Benefits
18%
Classified
19%
Certificated
Classified
Employee Benefits
Services
Books & Supplies
Capital & Other
$106,281,703
38,172,390
42,765,371
32,280,799
12,463,226
502,926








CERTIFICATED SALARIES:


Current position control
Unrestricted vs. restricted
CLASSIFIED SALARIES:


Current position control
Unrestricted vs. restricted
BENEFITS
2011/2012 CATEGORICAL CARRYOVER
 Not included
LUMPSUM
 $28.85 elementary, $53 junior high, $90.85 high school
RRMA @ 2.20%
CONTRIBUTIONS



Transportation
Special Education
Community Day School

Other Funds
Adult Education
Fund
$ 592,078 Beginning
Balance
Income
Expenditure
Ending
Balance
4,264,008
4,799,670
$ 56,416
Child Development
Fund
$ 148,069 Beginning
Balance
Income
Expenditure
Ending
Balance
5,419,058
5,416,759
$ 150,368

Other Funds continued
Cafeteria
Fund
Beginning
Balance
Income
Expenditure
Ending
Balance
$ 122,377
13,382,500
13,359,642
$ 145,235
Deferred
Maintenance
Fund
$ 0 Beginning
Balance
Income 782,750
Expenditure 782,750
Ending
Balance
$ 0

Other Funds continued
Special Reserve
Fund
Special Reserve Fund for Post-Employment
Beginning
Balance
Income
Expenditure
Ending
Balance
$ 3,700,000
36,000
3,700,000
$ 36,000
Beginning
Balance
Income
Expenditure
Ending
Balance
$ 1,013,661
10,000
0
$ 1,023,661

Other Funds continued
Building
Fund
Beginning
Balance
Income
$ 32,880,598
4,562,302
8,638,218 Expenditure
Ending Balance $ 28,804,682
Capital Facilities
Fund-Developer
Fees
Beginning
Balance
$ 1
Income 525,000
Expenditure 525,000
Ending
Balance
$ 1

Other Funds continued
County School
Facility Fund
Beginning
Balance
Income
Expenditure
Ending Balance
$ 658
0
0
$ 658
Special Reserve
Fund for Capital
Outlay Projects
$ 8,507,952 Beginning
Balance
Income
Expenditure
Ending
Balance
82,000
4,500
$ 8,585,452

Other Funds continued
Other Enterprise
Fund
$ 156,349 Beginning
Balance
Income
Expenditure
Ending Balance
143,000
72,500
$ 226,849
Retiree Benefit
Fund
Beginning
Balance
Income
Expenditure
Ending Balance
$ 331,143
40,000
1,000
$ 370,143

Beginning Fund Balance
Revenues
Expenditures
Net Increase/(Decrease) Fund Balance
Ending Fund Balance
Components of Ending Fund Balance:
Nonspendable
Restricted
Assigned
Unassigned – Economic Uncertainties
Unassigned (Available) Fund Balance
$43,794,021
239,293,091
237,421,286
1,871,805
$45,665,826
$555,000
0
22,565,296
7,121,675
$15,423,855

Beginning Fund Balance
Revenues
Expenditures
Net Increase/(Decrease) Fund Balance
Ending Fund Balance
Components of Ending Fund Balance:
Nonspendable
Restricted
Assigned
Unassigned – Economic Uncertainties
Unassigned (Available) Fund Balance
$45,665,826
243,496,740
240,698,795
2,797,945
$48,463,771
$555,000
0
31,057,365
7,219,560
$9,631,846











Budget Certification
Average Daily Attendance
Revenue Limit Summary
Multi Year Projections – General Fund
Summary of Interfund Activities
Current Expense Formula/Minimum Classroom
Compensation
Schedule of Capital Assets – 2010/11
Schedule of Long-Term Liabilities – 2010/11
Other Funds
Criteria and Standards

 Once the State adopts a 2011/12 Budget, staff will present a budget revision to the Board within 45 days.
 Any questions?