FINAL 2008-2009 Budget

Assumptions• COLA 5.66%• Deficit -5.36% NET COLA 0.0%• 21,550 ADA (decline of 823.14 07/08 P-2)

– For Revenue 22,370– For Staffing 21,550

• Staffing by formula• Employee Retirement Funded at 2.0% with no Forward Funding• MUST League Support - $150,000• Increase for Utilities• Increase for Fuel• Salary & Benefits Increases for Step & Column• Auditor Increase costs• Increase Classified Subs due to hiring freeze• Increase County Special Ed SELPA• Decrease County Data Processing JPA

Budget SummaryRevenue

Revenue Limit $130,433,966Federal Rev 6,666,880Other State 21,340,797Local Rev 11,023,833

Total Revenues $169,465,476

ExpendituresCertificated Sal $ 87,805,483Classified Sal 26,540,404Benefits 31,787,662Material & Supplies 9,357,556Other Services & Operating 16,628,314Equipment / Capital Outlay 378,570Transfers 2,243,505

Total Expenditures $174,741,494

Budget Summary ComparisonRevenue 07/08 08/09 Change

Revenue Limit $130,506,251 $130,433,966 -72,285Federal Rev 7,774,465 6,666,880 -1,107,585Other State 27,877,924 21,340,797 -6,537,127Local Rev 13,122,023 11,023,833 -2,098,190

Total Revenues $179,280,663 169,465,476 -9,815,187

ExpendituresCertificated Sal $ 90,339,736 87,805,483 -2,534,253Classified Sal 25,871,324 26,540,404 +669,080Benefits 32,175,547 31,787,662 -387,885Material & Supplies 23,862,234 9,357,556 -14,504,678Other Services & Operating 23,361,902 16,628,314 -6,733,588 Equipment / Capital Outlay 2,061,326 378,570 -1,682,756Transfers 1,687,922 2,243,505 +555,583

Total Expenditures $199,359,991 $174,741,494 -24,618,497

Change in Ending Balance -$ 5,175,509 $0

Budget Summary ChangesRevenue Change

Revenue Limit -72,285 Unemployment increaseFederal Rev -1,107,585 Program Loss & Funding reductionsOther State -6,536,641 Uncertainty of programsLocal Rev - 2,098,190 Loss of One Time Grants

Total Revenues - 9,815,187

ExpendituresCertificated Sal -2,534,253 Step & Col and COLA , reduction of staffClassified Sal +669,080 Step & Col, COLA, staffing LHSBenefits -387,885 LHS addition of staffMaterial & Supplies -14,504,678 Reduction of One Time Money (carryovers)Other Srvcs & Operating -6,733,588 Reduction of One Time Money (carryovers)Equip / Capital Outlay -1,682,756 Reduction of One Time Money (carryovers)Transfers +555,583 Reduction Deferred Maintenance, Self Ins.

Total Expenditures -24,618,497

Change in Ending Balance $ 5,175,509 Unallocated Ending Balance

Revenues$169,465,476

76.97%

3.93%12.59%

6.51%

Rev Limit Federal Other State Local

Expenditures$174,741,494 50.25%

15.19%

18.19%5.36%9.52%

0.22%

1.28%

Cert Sal Class Sal Benefits Supplies

Other Svcs Equipment Transfers

Salaries & Benefits

Restricted Vs Unrestricted

72.89%

27.11%

Unrestricted Restricted

Unrestricted Non Salary

7.63%

92.37%

Balance Of Budget Unrestricted Non Salary

Non Salary Unrestricted Dollars

Lottery Budget

$3,340,137District wide = LHS Start-up

$0.64 Instruction

$0.20 Instructional Support

$0.04 Admin

$0.11 Operations

$0.01 MiscInstructional Aides, Library, Speech, Psychs, Health Svcs, Transportation, Guidance

Utilities, Insurance, Maintenance, Security, Facilities

Debt, County Svcs.

Classroom Instruction, Regular Ed, Special EdAdmin

& Board

Budget Projections

150,000,000155,000,000160,000,000165,000,000170,000,000175,000,000180,000,000185,000,000

2007-2008

2008-2009

2009-2010

2010-2011

2011-2012

2012-2013

Rev Exp

Proposed Budget Staffing Adds

Certificated– Principal Assistant, 1 FTE, Lathrop High– Sec Dean-Student Activities, .40 FTE Lathrop High– Sec Dean-Athletics, .60 FTE Lathrop High– Librarian, 1 FTE, Lathrop High– High School Counselor, 2 FTE, Lathrop High– Stipends for 11 Department Chairs,

Lathrop High

Proposed Budget Staffing AddsContinued …

• Classified Staffing– Custodian, 2 FTE, Lathrop High– Account Clerk II, 1 FTE, Lathrop High– Attendance Clerk, 1 FTE, Lathrop High– Campus Monitor, 2 FTE, Lathrop High– Clerk Typist, 1.375 FTE, Lathrop High– Registrar, 1 FTE, Lathrop High– Bilingual Aide II, .71875 FTE, Lathrop High– Paraprofessional I, .625 FTE, Lathrop High– Paraprofessional II, 1.25 FTE, Adult Transition Class

Governor’s Budget

• Net Zero COLA

• 6.99% Reduction to Categoricals

• Borrowing from the Lottery for New Revenues

• Sale of Bonds for New Revenues

Legislature’s Budget• Assembly’s Version

• 1.6% Net Funded COLA• Restoration of the Categorical Funding• Mandate Funding $340 Million

• Funded on Undisclosed New Revenues

• Senate’s Version• 3.68% Net Funded COLA• Restoration of the Categorical Funding• Mandate Funding $150 Million

• Funded on Undisclosed New Revenues

What’s Next

• These proposals will be battled out in the Legislature.• On-time Budget?

– It is unlikely that there will be an on-time budget or even close– Most likely it will be in the 3rd or 4th week of August with final

deals made in the backrooms of the Legislature

• Our position– Continue to work on balancing our budget waiting for Governor’s

budget– Adopt our Budget on June 25th– “Wait and See Approach” wait

for 45 Day Revise– Make priorities of things to be added back if any discretionary

money is available