2019-20 Budget Adoption Public Hearing May 20, 2019 Adoption June - - PowerPoint PPT Presentation

▶

Oct 15, 2023 162 likes •238 views

2019-20 Budget Adoption Public Hearing May 20, 2019 Adoption June 27, 2019 Etiwanda School District 19-20 Budget Assumptions o LCFF Estimated @ 13,475 ADA o LCFF Est. Prior Year Guarantee @ 13,724 o ADA Estimated @ 96% Attendance Rate o

SLIDE 1

2019-20 Budget Adoption Public Hearing – May 20, 2019 Adoption – June 27, 2019

Etiwanda School District

SLIDE 2

19-20 Budget Assumptions

LCFF Estimated @ 13,475 ADA
LCFF Est. Prior Year Guarantee @ 13,724
ADA Estimated @ 96% Attendance Rate
13,958 Estimated Enrollment
Percent of Decrease in Enrollment -0.96%
Unduplicated three year average = 42.78%

STRS – 17.10% (plus 0.82%); PERS – 20.733% (plus 2.671%) Zero Mandated Cost One-Time Funds Added 4 Teachers as calculated per Grade Span Adjustment Maintained LEA-Medical Billing Option Program Added Low Performing Student Block Grant Maintained RDA Budget

SLIDE 3

80% 3% 7% 10%

Revenues

LCFF Funding Sources Federal Revenues State Revenues Local Revenues/Transfers In 45% 15% 23% 4% 10% 3%

Expenditures

Certificated Salaries Classified Salaries Employee Benefits Book and Supplies Services,Other Operating Expenses Capital Outgo/Direct Support/Transfers Out

SLIDE 4

Projected Years - Budget Assumptions

2020-2021

LCFF Prior Year P-2 Guarantee

13,474

Estimated ADA 13,030
Estimated Enrollment 13,496
Declining Enrollment -3.31%
Unduplicated Count 42.40%
Certificated Step & Column 1.2%
Classified Step 2.1%
Increase in STRS 1% & PERS 2.7%
Declining Enrollment 15 Positions
Increasing Cost in Contributions
LCFF Prior Year P-2 Guarantee

13,030

Estimated ADA 12,646
Estimated Enrollment 13,096
Declining Enrollment -2.96%
Unduplicated Count 42.40%
Certificated Step & Column 1.2%
Classified Step 2.1%
Increase in STRS (-1%)% & PERS

1.1%

Declining Enrollment 10 Positions
Increasing Cost in Contributions

2021-2022

SLIDE 5

Multi-Year Projection

2019-2020 2020-2021 2021-2022 Beginning Fund Balance 25,306,876 20,702,392 15,911,828 Revenue 151,813,010 152,382,937 151,553,915 Expenditures 154,995,241 155,440,497 156,582,531 Assigned Ending Fund Balance 5,988,357 5,150,645 4,894,356 Unassigned Ending Fund Balance 14,714,035 10,761,183 4,566,603 Percent of Expenses for: Unassigned Ending Fund 9.5% 6.9% 2.9%

2019-2020

SLIDE 6

Next: NEXT: Close the 2018-2019 Books Report on or before September 13