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2018-2019
Second Interim BudgetMarch 12, 2019
Ms. Carrie DelgadoConsultant, Business Services
Briana HennesSenior Director, Business Services
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Budget Cycle
District
1st Interim Budget (December)
2nd Interim (March)
Budget Adoption (June)
State
Budget Adoption (June/July)
Governor’s Budget Proposal (January)
May Revision (May)
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• Time Period
• Actual expenditure and revenue data through January 31st
• Budget updated to reflect projected balances for June 30th
• Certification
• Positive
• Qualified
• Negative
2nd Interim Budget Report
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Projections are updated in accordance with the
best available information at the time through
January 31st.
• State Updates
• Actual Payroll to Date
• CALPADS Enrollment Data
• Unduplicated Pupil Percentage
2nd Interim Budget Report
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Base Grants
TK-3 $7,459
4-6 $7,571
7-8 $7,796
9-12 $9,034
Supplemental Grant
Base Grant x 20% x
Unduplicated Pupil%
Concentration Grant
Base Grant x 50% x
Unduplicated Pupil%
Above 55%
STUDENT
English
Language
Learner
Foster
Youth
Low-income
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Budget Assumptions
• LCFF Funding @ 100% ($98 Million)
• Enrollment/ADA decline approx. 150
• COLAs 3.7%(18-19), 3.4%(19-20), 2.8%(20-21)
• Attendance Rate approx. 96%
• Lottery $151 and $53
• Unduplicated Pupil Percentage 56.83
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PERS and STRS Increases
• PERS Rates:
• 18-19 18.06%
• 19-20 20.70%
• 20-21 23.40%
• STRS Rates:
• 18-19 16.28%
• 19-20 17.10%
• 20-21 18.10% (last year of increase)
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Required Contributions to
Restricted Programs
• Special Education
• $15.2 Million
• Routine Restricted Maintenance
• $2.7 Million
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Multi Year Projections
Unrestricted and Restricted
2018-2019 2019-2020 2020-2021
Beginning Balance $12,520,270 $11,850,374 $9,139,056
Revenues $118,828,387 $116,351,218 $117,606,100
Expenditures $119,498,283 $119,062,536 $120,718,346
(Decrease) in Fund Balance (669,896) (2,711,318) (3,112,246)
Ending Balance $11,850,374 $9,139,056 $6,026,810
Restricted $3,368,136 $2,225,421 $999,195
Required Reserve for Economic Uncertainty (3%)
$3,584,948 $3,571,876 $3,621,550
Total Reserve $8,482,237
7%
$6,913,634
5.8%
$5,027,614
4.2%
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• Measure K Fund $620,000
• Developer Fee Fund $5 Million
• Redevelopment Agency $2.6 Million
Summary of Other Funds
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Next Steps
• Submission to San Bernardino County Superintendent of Schools for validation and review
• Calendar year-end processes
• Governor’s May Revise
• Approve 2019-20 Budget
• Continue to Develop Budget Priorities and Potential Reductions
11
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Questions?