ADOPTED BUDGET 2014-15 aT - eesd.orgchaboya.eesd.org/uploaded/documents/community_budget/...ADOPTED BUDGET 2014-15 Cedar Grove ElementarySchool EVERGREEN ELEMENTARY SCHOOL DISTRICT

ADOPTED BUDGET 2014-15

Cedar Grove Elementary School

EVERGREEN ELEMENTARY SCHOOL DISTRICTSan Jose, CA

aTTom Matsumoto Elementary School

Quimby Oak Middle School

June 12, 2014 (Revised)

EVERGREEN ELEMENTARY SCHOOL DISTRICT

Board of Trustees Administration

Sylvia AlvarezVince SoncayawonJeff FischerBonnie MaceJim Zito

Katherine Gomez, SuperintendentNelly Yang, Chief Financial Officer

Table of Contents

The District 1

Executive Summary 1-6

The Budget Calendar 7

General FundRevenues 8-11Expenditures 12-18Unrestricted Funds Six Year Summary 19Restricted Funds Six Year Summary 20Unrestricted/Restricted Funds Six Year Summary 21Unrestricted General Fund Reserve 22

Other FundsCafeteria Fund (130) 23Deferred Maintenance Fund (140) 24Special Reserves for Post-Employment Benefits Fund (200) 25Building Fund (210) 26Measure I Bond Fund (211) 27Capital Facilities Fund (250) 28County School Facility Fund( 350) 29Bond Interest & Redemption Funds (510) 30Mello-Roos Fund (520) 31Workers Compensation Self-Insurance Fund (670) 32

Attendance and Enrollment Information 33

Glossary 34

Executive Summaryf

The DistrictEvergreen School District was formed in1860 and is one of the oldest school districtsin Santa Clara County. The District islocated in the Yerba Buena Hills in thesoutheastern part of the City of San Joseand extends to the flatlands bounded onthe west by Bayshore Highway 101 andon the north by Tully Road. The Districtprovides educational services at theelementary and middle school levels, to theresidents of a portion of the City and someunincorporated areas outside of the city.The District encompasses an area ofapproximately 32 square miles and has anestimated population of approximately90,000.

The District currently operates fifteenelementary schools (K-6), and three middleschools (7-8). These schools and additionalfacilities comprise a total of approximately1,005,636 + square feet of building area.

The Board of Trustees, consisting of fivemembers, governs the District. Membersare elected to four-year terms in staggeredyears. Aboard-appointed Superintendentmanages the day-to-day operations.Katherine Gomez has served in thiscapacity since 2011.

General FundThe General Fund of the District accounts for all operations excluding construction,food services, and restricted services. The costs of teachers, aides, supplies and othersupport services are included in the General Fund.

1. Revenue comes from six main sources:

a. Local Control Funding Formula (LCFF): The Revenueis a combination of local property tax, education protection account,and State Aid. It is the single largest revenue source for the Districtand can be used for any purpose as designated by the District’sGoverning Board.

b. Federal Grants: The District receives 10 federal grants and 90.65%of the grants are restricted for special education and students fromlow income families.

c. State Grants: Most of the state categorical programs are included inLCFF. The District currently receives 6 other State grants.

d. Lottery: The California Lottery provides 2.12% of the GeneralFund. The allocated allowance is about $156 per student.

e. Local Funding: This is a combination of local grants, earnedinterest, leases, transportation fees, parcel taxes, and donations.

Interest rates can significantly change the local funding from yearto year.

f. Transfers: This consists of Special Education Local Plan Area(SELPA) funds that are transferred to the District.

1

LotteryOther State 2.12% Local1.58%

4.06%

t.Viow-LosAltos Onionfigh

Palo Alto Unified

otos-Sa,atoaaJoint UHSO

Saratoga Union Elementary

Los Altos Elomentary

L o,aPriotaJointUnrooElem.

Car,pbefl UnlonI-igh

os Cat os U mon Elementary

Fremont Union ligh

Mounta,nV,ecoWhGo,an

Sunnyvale

Santa Clara Unified

Mt.Pteanantklan,tary

Caopboil Union

Sen Jose U,nfi.d

East Side Union 11Sf

M orelandaeoan,tary

Alum Rock Union Eleroeotary

Morgan f-Ill Unified

renulin-MolSnleyklenreotary

Oak Grove Elefl,anta,y

GlIroy Unified

Milpitas Unified

Cupertino Union

Cantrian

Borryessa Union Elementary

Orchard Elementary

Union Elementary

Everarean Elementary

0.00 2,000.00 4,000.00 6,000.00 8,000.00 10,000.00 12,000.00 14,000.00 16,000.00

Graph 1 - LCFF and State Fundingcomprise 91.62% of all revenue. Thelottery, federal and local revenue, andtransfers make up the remainder.

Graph 2- When Evergreen’s revenue iscompared with other school districts inSanta Clara County Evergreen is one ofthe lowest funded on a per student basis.

Graph 3 - The current rate for StateLottery funds is $156 per student. Thisrate has fluctuated over the years from alow of $78 per student to a high of $178.

r General Fund Revenue SourceFY 14-15

Federal4.42%

I

History of Lottery Funding ($ per Student)

DUnrestncted • InStruction Material$160

$140

$120

$100

$80

$60$40

$20

$0

Graph 1

9

Total Revenue Per StudentFY 2012-13

Graph 3

Graph 2 2

2. Expenditures

The Expenditures of the General Fund are described by “Object” or “Program.”

Object describes the service or commodity obtained as a result of the expenditure:

a. Teacher Salaries: Regular classroom teachers, special education teachers, nurses, psychologists, and other specialproject teachers.

b. Classified Salaries: Classroom aides, bus drivers, custodians, support staff, and District Office staff.

c. Site Managment Salaries: Principals and Assistant Principals.

d. Central Management Salaries: District Office management.

e. Health Benefits: Medical and dental insurance premiums and the District’s contributions to the Evergreen TeachersHealth and Welfare Trust.

f. Other Employee Benefits: Mandatory benefits such as State Teachers Retirement System (SIRS), Public EmployeesRetirement System (PERS), Social Security Medicare, unemployment insurance, and workers compensation.

g. Books and Supplies: Textbooks, other instructional supplies, office supplies, small equipment, parts, and fuel.

h. Services/Operating Expenses: Gas, electricity, phones, watel; property insurance, conferences, and maintenanceon equipment.

i. Other Outgo: Excess cost payments to other agencies or transfers to other funds.

3

Health Benetits1517%

L

Central Management 2 -

Salaries- /

1.91%

Site ManagementSalaries3.38%

GeneralAdministration—.

4.12%

Supervision ojlnstru5tiofl

4.07%Instruct.

Library, Mediaand Tech.

0.88%

Instruction74.23%

General Fund Expenditures

Services? OperatingExpenses

6.85%

Other Outgo0.36%

Books and Supplies3.64%

Statutory Benefits9.28%

Capital OuUay0.11%

Graph 4 - Total salaries and benefits for all groups comprise89.25% of our expenditures.

Graph 5 - Programs (also known as Goals m the budget) groupinstructional and support costs by the type of activity or purpose.This graph illustrates the District’s expenditures by goals.

Chart 1 - Full Time Equivalent (FTE) is the measurement ofstaffing within the District.

Total FTE by Major Positions

Classified Salaries8.53%

Teacher Salaries50.78%

Graph 4

General FundNet Cost of Activities

FY 14-15

FY14-15

AdoptedProfessional FY 11-12 FY 12-13 FY 13-14 Budget

Regular Teachers 513.6000 51 1.0400 514.8000 501.8000Categorical Special Teachers 9.3500 8.4100 14.5000 14.5000Special Education Teachers 55.6000 56.0000 56.5000 56.5000Librarians 0.5000 0.5000 0.5000 0.5000Nurses 2.0000 2.0000 2.0000 2.0000Psychologists 7.8000 9.0000 9.0000 9.0000Subtotal 588.8500 586.9500 597.3000 584.3000

Other PupilServices

2.06%

School SiteOffice

—

6.32%

Ancillary

Plant ServicesSe

-

Other

6.70% 0.03% - - 0.37%Home-to SchoolTräEispottation

1.22%

Support

Instructional Aides 24.0750 23.1750 24.7750 22.5250Instructional Aides - Special Ed 38.1063 37.5125 37.6375 37.6375Operations 43.3750 43.3750 43.6250 43.6250Transportation 16.4689 11.0630 11.8128 11.8128Clerical 54.1750 54.6875 55.7500 56.9000Health Aides 8.8750 9.1875 8.8750 8.8750Occupational Therapist 2.0000 2.0000 2.0000 2.0000LibraryAldes 11.4375 11.2375 13.5625 13.5625Food Service 28.5000 28.3750 27.8750 27.8750

Subtotal 227.0127 220.6130 225.9128 224.8128

Administration

Certificated Management 33.5000 33.5000 33.5000 33.5000Classified Management 9.0000 9.0000 9.0000 9.0000

Subtotal 42.5000 42.5000 42.5000 42.5000

TOTAL [ 858.3627J 850.0630j 865.7128J 851.6128Graph 5

Chart 1 4

3. Through prudent fiscaloversight, and the use ofspecial and district reserves,one-time revenues, andprogram reductions,Evergreen School District hasbeen able to mitigate theeffects of an on-goingoperating deficit (Graph 6).

22

20

18

16

14

12

10

8

6

4

2

0

90o 8886

8482807876747270

Unrestricted Operating Deficit

C

0

—1

-2

-3

-4

-5

-62011-12 2012-13 201 3-14 Est.

General Fund Unrestricted Reserves

2014-15 Est. 201 5-16 Est. 2016-17 Est

Graph 6

HGeneral Fund Unrestricted Expenditure and Revenue

0

L

I

• 3% Reserve r Economic Uncertainties

2005-06 2006-07 2007-08 2008-09 2009-10 2010-lI 2011-12 2012-13 2013-14 2014-15 2015-16 2015-16Est. Est. Est. Est.

D Unassigned

Graph 7

2011-12 2012-13 2013-14 2014-15Est Est

Expenditures - - - - Revenues

Graph 8

2015-16 2015-16Est Est

5

Despite program reductions, the deficit has continued to grow in the following areas:

1. Health Insurance Increases 2. The lack of State and Federal funding for Special Education

% Unrestricted Health Cost to$10

Total Unrestricted Expenditure17.50% $8

17 .00% $716.50%

$616.00%

$515.50% 015.00%14.50%14.00% $2

13.50% $113.00%

$012 .50%12.00% I

07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15EST EST

4. The savings from retiring teachers don’toffset the cost for longevity and advancededucation for current teachers.

3. Liability for Retiree Health (GASB 45)

- Specal Education Encroachment

The Actual Present Value of Total Projected Benefits

as of May 16, 2013 $73,952,310

Amount set aside as of June 30,2014 $1,698,488

Balance Need $72,253,822

Cost of Step and Column for ETA Group

Step ($926,612)

Column ($54,262)

Retirement $541,876

Leaves $211,008

Short ($227,990)

6

4P Development Calendar Used for the 2014-15 School Year

June 2014 Board approves budget for the new school year

October 2014 First Revision of 2014-15 Evergreen School District Budget

December 2014 First Interim Financial Report

January 2015 Release of Governor’s Recommended 2015-16 Budget

February 2015 Augmentations to 2014-15 Budget

March 2015 Second Interim Financial Report

May 2015 Governor’s May Revision

June 2015 Adoption of 2015-16 Budget

June 2015 Governor Signs State Budget

October 2015 First Revision of 2015-16 Budget

7

6/9/2014 Financial Report

Revenue2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

ACTUAL ACTUAL BUDGET BUDGET BUDGET BUDGET LOCAL CONTROL FUNDING FORMULAASSUMPTIONS

REVENUE LIMIT, LOCAL CONTROL FUNL’INt9 FORMULA Year P-2 AbA bOF LCFF PER AbA8011 STATE AID/LCFF $25,987,143 $10,593,464 $29,418,090 $30,496,383 $34,491,092 $35,747,147 2012-13 13,003 $5,9088011 SUP/CON LCFF $5,606,897 $6,390,019 $6,798,385 2013-14 12,851 $6,1658012 EDUCATION PROTECTION ACCT $14,201,696 $12,036,818 $11,581,965 $11,352,315 $11,127,185 2014-15 12,597 $6,7258019 PRIOR YEAR, STATE AID 470 686 0 0 0 0 2015-16 12,348 $7,2178021 HOMEOWNERS EXEMPT 238,546 227,559 228,276 228,276 228,276 228,276 2016-17 12,120 $7,4768041 SECURED ROLL TAX 32,286,714 32,389,954 31,964,284 31,964,284 31,964,284 31,964,2848042 UNSECURED ROLL TAX 2,471,709 2,748,477 2,590,872 2,590,872 2,590,872 2,590,8728044 SUPPLEMENTAL TAX 1,250,001 1,336,296 1,125,000 1,125,000 1,125,000 1,125,0008045 ERAF 3,329,967 4,375,892 3,549,654 3,549,654 3,549,654 3,549,654

6500-8091 RESTRICTED SDC/NPS ADA 844,878 811,6738091 UNREST. 5DC/NP5 ADA (844878) (811 673)

8092 PERS REDUCTION 115,704 76,393

TOTAL REVENUE LIMIT $65,680,254 $65,950,416 $80,912,994 $87,143,331 $91,691,512 $93,130,803

FEbERAL

3010-8290 TITLE 1 $1,224,774 $1,496,218 $1,366,051 $1,121,579 $1,130,688 $1,130,6883011-8290 ARRA TITLE I $12,171 $0 $0 $0 $0 $0

3060-8290 MIGRANT ED 120,909 139,605 137,033 137,033 138,460 140,7363185-8290 TITLE 1 P1 CORRECTIVE ACT 0 11,500 0 0 0 03205-8290 ED. JOBS FUND 2,467,515 0 0 0 0 03310-8181 IDEA BASIC ENT. 1,444,016 1,502,021 1,989,140 2,035,658 2,035,658 2,035,6583315-8182 IDEA PRESCHOOL 100,195 80,220 62,923 61,938 61,938 61,9383320-8182 IDEA PRESCHOOL LOC 173,834 139,809 105,480 107,947 107,947 107,9473324-8182 ARRA IDEA STAFF DEV 0 0 0 0 0 03327-8182 IDEA MENTAL HEALTH 41,410 53,631 207,361 80,598 80,598 80,5983345-8182 IDEA PRE SCH STAFF DEV 973 833 617 617 617 6174035-8290 TEACHER QUALITY 538,425 378,262 321,554 325,992 329,152 329,1524203-8290 TITLE III, LEP 346,231 386,956 395,327 409,355 413,968 413,9685640-8290 MEDICAL 179,856 80,690 100,000 100,000 100,000 100,000

TOTAL FEDERAL $6,650,310 $4,269,744 $4,685,486 $4,380,717 $4,399,026 $4,401,302

8

5TATE

BUbSET ASSUMPTIONS

0000-8590 HOURLY PG STATE APPORT.0000-8590 STAR0000-8590 ORAL HEALTH ASSE/STAR TESUN1300-8434 CLASS SIZE RESUCTION0014-8590 SEFERRES MAINTENANCE0558-8590 COMM BASES ENGLISH0560-8590 SCH SAFETY ANS VIOL.0561-8590 ARTS & MUSIC BLOCK GRANT

0563-8590 SUPPLE. SCH COUNSELING0565-8311 GATE

0566-8590 INST MATERIALS/REALIGN0570-8590 PEER ASSIST. & REVIEW0575-8590 MATHEMATIC ANS REASING PROF0577-8590 ASMINISTRATOR TRAINING PG0583-8590 BLOCK GRANT, CRESENTIALING0584-8590 BLOCK GRANT, STAFF BUYBACK0585-8590 BLOCK GRANT, SUPP.0586-8590 BLOCK GRANT, SIP, LIB,7090-8311 EIA7230-8311 HOME/SCH TRANS.

LCFF STATE REVENUES

$626,374 $626,375 0 0 0 027,334 0 0 0 0 010,325 10,325 0 0 0 0

$4,216,527 $4,021,605 0 0 0 0$474,064 $472,899 0 0 0 0

105,129 105,127 0 0 0 043,662 43,662 0 0 0 0182,125 182,138 0 0 0 0162,677 162,677 0 0 0 0

97,312 97,313 0 0 0 0736,143 735,147 0 0 0 050,099 50,099 0 0 0 0

132,273 132,273 0 0 0 021,822 21,822 0 0 0 0

198,947 198,947 0 0 0 0470,033 470,033 0 0 0 0682,190 682,190 0 0 0 0

1,125,554 1,125,554 0 0 0 01,959,426 1,912,155 0 0 0 0

310,436 309,833 0 0 0 011,632,452 11,360,174 0 0 0 0

TOTAL STATE $14,956,497 $14,998,468 $6,536,662 $3,673,441 $3,673,441 $3,673,441

2011-12 2012-13 2013-14 2014-15 2015-16ACTUAL ACTUAL BUb&ET BUS&ET BUbGET

2016- 17

0000-8550 MANSATES BLOCK GRANT 166,394 384,229 364,000 364,000 364,000 364,000 Mandated Block Grant Starts FY 12-130000-8590 MESI-CAL ASM UNRESTRICTES 164,530 27,140 100,000 100,000 100,000 100,0001100-8560 LOTTERY 1,684,900 1,723,016 1,697,475 1,697,475 1,697,475 1,697,4756010-8590 AFTER SCHOOL ES. 449,803 429,582 456,000 456,000 456,000 456,0006230-8590 CLEAN ENERGY JOB ACT 172,8436300-8560 LOTTERY, INST MAT 392,411 425,034 407,394 407,394 407,394 407,3946512-8590 SPECIAL ES - MENTAL HEALTH 456,041 634,455 646,660 640,427 640,427 640,4276530-8590 ThEA LOW INCISENCE 7,167 11,925 4,414 5,231 5,231 5,2316535-8590 ISEA STAFF SEV 2,799 2,914 0 2,914 2,914 2,9147405-8590 COMMON CORE 0 0 2,687,876 0 0 0 One Time Revenue for Common Core

NON LCFF STATE REVENUES 3,324,045 3,638,294 6,536,662 3,673,441 3,673,441 3,673,441

9

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

ACTUAL ACTUAL BUbGET BUI)GET BUbSET BUbCET ASSUMPTIONS

LOCAL

8621 PARCEL TAXES $2,201,572 $2,208,123 $2,202,090 $2,400,000 $2,400,000 $2,400,000 5- year Parcel Tax ends 06-30-20198631 SALE OF EQUIPMENT 4,586 1,687 10,000 10,000 10,000 10,0008650 LEASES 359,474 351,023 340,000 340,000 340,000 340,000 Rental Income from YMCA/COE/Church/Other8660 INTEREST 144,308 105,339 110,000 110,000 110,000 110,0008699 MISC UNRESTRICTEb 698,779 98,990 70,000 91,490 91,490 91,490 FY 11-12 Insurance Profit Share/ERRP Rev

0000-8699 TRANSPORTATION FEES 63,682 53,754 20,000 20,000 20,000 20,0009010-8699 HOMEWORK CTR/SUMMER PG 110,705 89,355 0 0 0 09010-8699 OTHER GRANTS 26,757 61,741 38,056 28,230 28,230 28,2309010-8699 ELbT 20,604 20,908 23,966 0 0 09010-8699 bONATION/ENERGY 934,144 906,930 939,679 973,646 995,136 995,1369010-8699 SPECIAL Eb bONATION 0 8,060 0 0 0 09010-8699 GATE /EEEF bONATION 0 0 200,000 0 0 0 Multi-year bonation for Library Services9010-8699 MICROSOFTCAGOVGRANT 21,103 0 0 0 0 09010-8699 MICROSOFT TECH GRANT 4,217 0 0 0 0 0

TOTAL LOCAL $4,589,931 $3,905,910 $3,953,791 $3,973,366 $3,994,856 $3,994,856

OTHER SOURCES

TRANSFERS IN

6500-8793 SELPA, SPEC. Eb. 2,426,841 2,011,257 222,535 51,797 51,797 51,7978150-8919 MAINTENANCE 0 0 0 0 0 00000-8997 GASB 45 TRANSFER 0 0 0 0 600.000 1,090,0000000-8919 WORKER COMP SELF INSUR. FUNb 0 0 0 0 0 0

10

2011-12 2012-13 2013-14 2014-15 2015-16 2016- 17

ACTUAL ACTUAL BUbGET BUbGET BUbGET BUb6ET ASSUMPTIONS

CONTRIBUTE TO RES. PRO6.

8981 SPECIAL Eb.8983 REGULAR TRANS.

8983 SPECIAL Eb. TRANS.

8985 MAINTENANCE8984 EIA8998 FLEXIBILITY TRANSFER

0558-8998 COMM BASEb ENGLISH0014-8998 bEFERREb MAINTENANCE0561-8998 ARTS & MUSIC BLOCK GRANT0563-8998 SUPPLE. SCH COUNSELING0565-8982 GATE0566-8998 INST MATERIALS0570-8998 PEER ASSIST. & REVIEW

0575-8998 MATHEMATIC ANb REAbING PROF0577-8998 AbMINI5TRATOR TRAINING PG6500-8981 SPECIAL Eb.7090-8984 EIA0000-8983 REGULAR TRANS.0000-8983 SPECIAL Eb. TRANS.8150-8985 MAINTENANCE0585-8993 BLOCK, TARGETEb INST. IMPV6500-8981 BLOCK ITEM, SIP/SPEC Eb7230-8983 BLOCK ITEM, SIP/TRANS

0586-8995 BLOCK ITEM, SIP/TRANS & SPEC Eb

TOTAL OTHER SOURCES $2,426,841 $2,011,257 $222,535 $51,797 $651,797 $1,141,797

TOTAL REVENUES $94,303,833 $91,135,796 $96,311,468 $99,222,652 $104,410,632 $106,342,199

UNRESTRICTEb REVENUES $71,917,316 $70,602,907 $75,805,285 $81,121,675 $85,596,380 $87,231,744

($4,721,732) ($5,267,519) ($7,651,339) ($8,491,880) ($8,675,694) ($8,884,050)(123,687) (240,879) (544,408) (290,887) (299,753) (313,548)(474,506) (629,901) (667,430) (679,693) (697,121) (720,652)

(2,235,270) (2,435,270) (2,369,935) (2,662,741) (3,152,403) (3,237,974) 37 of General Fund budget starts 2015-16(150,000) 0 0 0 0 0 Study Island Contribution

2,643,834 2,641,685 0 0 0 0(105,129) (105,127) 0 0 0 0

($474,064) ($472,899) 0 0 0 0(182,125) (182,138) 0 0 0 0(162,677) (162,677) 0 0 0 0

(97,312) (97,313) 0 0 0 0(736,143) (735,147) 0 0 0 0(50,099) (50,099) 0 0 0 0

(132,273) (132,273) 0 0 0 0(21,822) (21,822) 0 0 0 0

4,721,732 5,267,519 7,651,339 8,491,880 8,675,694 8,884,050150,000 0 0 0 0 0123,687 240,879 544,408 290,887 299,753 313,548474,506 629,901 667,430 679,693 697,121 720,652

2,235,270 2,435,270 2,369,935 2,662,741 3,152,403 3,237,974(682,190) (682,190) 0 0 0 0198,437 180,089 0 0 0 0

0 168,833 0 0 0 0(198,437) (348,922) 0 0 0 0

11

ASSUMPTIONS

2014-15

$541,876 savings from 12 retirements$211,088 savings from leaves/resignotions$1,078,510 step/col for oil groupsHealth benefits 5.14% increaseReduce 254 AbAReduce 13 teachersNo solary increase for oil groupsK-3 class size at 1:24ETA trust contribution $10 additionPER5 rate at 11.7%5TRS rate ot 9.5%2015- 16$225,782 savings from 5 retirements$211,088 savings from leaves/resignations$1,078,510 step/cal for all groupsHealth benefits 5.14% increaseReduce 249 AbAReduce 10 teachersNo salary increase for all groupsK-3 class size at 1:24PERS rate at 12.6%Music Program Status QuoSTRS rate at 11.1%2016- 17

$225,782 savings from 5 retirements$211,088 savings from leaves/resignations$1,078,510 step/cal for oil groupsHealth benefits 5.14% increaseReduce 228 AbAReduce 10 teachersNo salary increase for oil groupsK-3 class size at 1:24PERS rate at 15%5TRS rate at 12.7%

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

ACTUAL ACTUAL BUbGET BUbGET BUbGET BUbGETPROGRAMS

1110 REGULAR EbUCATION K-6 $34,813,141 $35,311,711 $39,998,697 $40,128,229 $42,117,028 $43,515,880

1130 REGULAR EbUCATION 7-8 11,142,039 11,862,413 12,421,173 12,247,140 12,501,551 12,761,652

1140 PARCEL TAX PROGRAM 2,266,648 2,281,316 2,202,344 2,400,000 2,400,000 2,400,000

1160 RETIREE MEbICAL 993,236 823,297 810,045 890,612 936,211 984,145

1170 SCHOOL SUPPLIES 281,055 257,532 334,628 336,050 336,851 337,775

1175 COPIER MAINTENANCE 89,973 104,989 105,564 142,333 145,749 149,684

1195 HOME/HOSPITAL 17,319 36,409 17,337 17,602 17,940 18,278

1200 RE&. Eb. STAFF PROF. bEVELOP. 470,033 470,033 0 0 0

1201 CLASS SIZE REbUCTION 4,216,527 4,021,605 0 0 0

1202 SATURbAY SCHOOL 4,677 2,633 5,458 5,522 5,603 5,683

1226 INTERVENTION 78,488 65,019 80,000 0 0 0

1250 EXTRA CURRICULAR ACTIVITY 39,606 33,913 35,100 35,100 35,100 35,100

1253 FRONT LOAb FOR SUCCESS 4,091 4,741 5,000 0 0 0

1266 ART, MUSIC PE SUPPLIES & EQUIP 30,684 0 0 0 0

1271 PREP PERIOb, 4-6 790,466 748,696 748,547 775,673 790,705 806,033

1283 LOTTERY, REG Eb 1,684,900 1,723,016 1,697,475 1,697,475 1,697,475 1,697,475

1298 SUB TEACHERS 823,250 791,857 748,808 845,531 856,696 867,862

1299 NOON bUTY SUPERVISOR 420,819 409,023 421,880 448,789 452,071 456,482

12

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

ACTUAL ACTUAL BUS&ET BIJSGET BUS&ET BUSGET ASSUMPTIONSPRO&RAMS

3010-1510 TITLE 1 1,188,723 1,329,510 1,151,509 904,932 912,287 922,485

3010-1511 TITLE 1 PARENT INV. 13,966 24,843 23,874 19,706 19,721 19,738

3010-1512 TITLE 1 SUMMER SCH/ TRAN 168 60,193 95,334 89,259 91,504 94,071

3010-1513 TITLE 1 PROF. 5EV. 34,089 81,672 95,334 107,682 107,176 94,394

3185-1515 TITLE 1 P1 CORRECTIVE ACT 11,500 0 0 0 0

6010-1523 AFTER SCHOOL ES. 449,803 429,582 456,000 456,000 456,000 456,000

4203-1551 TITLE III, LEP 346,231 386,956 395,327 409,355 413,968 413,968

XXXX-1590 SUPPLEMENTAL -SCHOOLS 773,528 1,090,273 1,262,444 995,444 996,479 1,000,133 M€et supplemental requirements

XXXX-1591 SUPPLEMENTAL - STAFFING 711,481 691,300 1,094,274 3,020,258 3,593,382 3,673,097

XXXX-1593 SUPPLEMENTAL -SISTRICTWISE 20,604 20,908 23,966 1,052,195 1,256,142 1,575,360

XXXX-1594 SUPPLEMENTAL - FOSTER YOUTH 0 0 0 10.000 10,000 10,000

XXXX-1595 SUPPLEMENTAL - PARENT 0 0 0 100,000 101,440 103.099

XXXX-1596 SUPPLEMENTAL - STAFF SEV 0 0 0 429,000 432,576 436,696

6300-1634 LOTTERY INST MATERIAL 328,950 413,755 130,000 407,394 407,394 407,394

1638 BTSA GRANT 135,221 159,197 144,740 150,640 152,673 154,977

1639 INST MAT REALIGNMENT 405,958 212,770 121,025 0 0 0

13

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL BUbGET BUI)GET BUbGET BUbGET ASSUMPTIONS

PROGRAMS

1640 BLOCK GRANTS, SIP 932,646 961,752 1,065,313 817,581 822,049 827,697

4035-1659 TEACHER QUALITY 538,425 378,262 321,554 325,992 329,152 329,152

1705 bISCRETIONARY SITE BLOCK GRAN 21,538 0 0 0 0 0

9010-1712 SILVER OAK PARTNERSHIP 26,757 61,741 10,207 10,207 10,207 10,207

9010-1715 SCHOOLS bONATION 929,693 894,934 924,818 948,965 977,435 977,435

9010-1716 BOOK FAIR 4,451 11,359 15,404 15,399 15,399 15,399

9010-1717 SCHOLARSHIP 0 0 9,826 9,825 9,825 9,825

9010-1718 MICROSOFT TECH GRANT 21,103 0 0 0 0 0

9010-1719 MICROSOFT CA GOV GRANT 4,217 0 0 0 0 0

9010-XXXX OTHER bONATION PROGREMS 110,705 89,355 17,480 17,480 10,500 10,500

3060-4850 MIGRANT Eb 120,909 139,605 137,033 137,033 138,460 140,736

6500-5001 SPECIAL Eb AbMINISTRATION 795,649 750,620 780,379 796,381 802,380 809,454

6500-5050 SPECIAL ES REGIONALIZEb SERVICI 155,313 161,011 163,715 167,069 170,145 173,271

3385-5730 ISEA, PRESCHOOL 454,023 515,117 524,658 566,150 577,971 590,060

14

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL BUDGET BUDGET BUI)GET BUDGET ASSUMPTIONS

PROGRAMS

6500-5751 NON-PUBLIC SCHOOLS 204,857 183,511 253,418 256,555 258,136 259,958

6500-5755 NON-PUBLIC AGENCY 442,254 474,273 554,855 565,305 570,572 576,640

3310-5770 IDEA, NON-SEVERE 1,950,922 1,930,828 2,093,352 2,205,182 2,238,282 2,289,721

9010-5775 CAHSEE- SPECIAL ED 2,788 8,060 0 0 0 0

6500-5776 MENTAL HEALTH 149,478 198,072 323,004 286,707 292,728 299,515 Mental Health Cost to bistrict

6500-5777 RS, NON-SEVERE 2,283,420 2,448,952 2,314,094 2,527,535 2,577,873 2,629,234

6500-5778 SDC, NON-SEVERE 1,652,107 1,675,460 1,644,481 1,735,015 1,770,747 1,807,392

6500-5779 bIS, NON-SEVERE 1,783,889 1,688,399 1,707,496 1,938,790 1,975,690 2,014,422

9410 Eb. SERVICES 78,324 96,643 96,186 98,399 99,978 101,656

9412 COMMON CORE 1,700,000 987.876 0 0

9415 ASSESSMENT 29,579 26,044 26,234 26,234 26,234 26,234

9420 CURRICULUM bEVELOP 191,492 190,806 193,533 197,811 200,848 204,662

9428 DISTRICT STAFF DEVELOP 183,904 192,183 229,405 236,374 240,734 245,764

9451 AUDIO VISUAL 872 44 3,055 13,446 13,643 13,871

9455 IMC 22,729 (2708) 23,044 23,419 23,741 24,285

320x-9459 LIBRARY 671,533 749,742 845,549 868,273 0 0 Parcel Tax Pay for 5 bay Library ServicesStarting FY 2015-16

9483 SCH ADMINISTRATION 5,524,216 5,555,248 5,574,708 5,625,472 5,728,960 5,850,183

9485 SCH ADMIN SUPPLIES 58,809 36,471 69,416 70,221 70,234 70,248

9630 PSYCHOLOGICAL SERV. 341,444 309,452 379,401 425,256 442,335 459,737

5640-9640 MEDI-CAL 112,731 81,987 100,000 100,000 100,000 100,000

9650 RESPONSE TO INTERVENTION 28 0 0 0 0 0

15

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL BUDGET BUbGET BUDGET BUDGET ASSUMPTIONS

PROGRAMS

9670 HEALTH 745,263 741,590 761,814 786,267 800,817 820,133

9690 STAR TESTING 26,180 27,195 29,836 30,223 30,571 30,925

7230-9770 TRANSPORTATION 763,771 431,245 543,808 290,287 299,153 312,948 FY12-13 add 1 routeFY13-14 add two routes

7230-9771 SPECIAL ED TRANSPORT 764,902 921,172 954,110 966,373 983,759 1,007,178

7230-9772 OUTSIDE FIELD TRIPS 28,445 13,388 20,600 20,600 20,600 20,600

7230-9773 SUMMER SPCL. ED. TRANS 20,040 18,562 20,276 20,276 20,318 20,430

9811 BOARD OF TRUSTEES 165,029 240,619 379,173 420,049 269,668 277,307 Elections in FY 13-14 & FY 14-15

9812 SUPERINTENDENT 256,228 278,548 284,145 289,319 294,241 299,284

9813 GENERAL ADMIN SERVICES 248,505 299,537 269,450 294,775 298,904 305,973

9814 INDIRECT COST (326,124) (362,551) (314,303) (318,317) (318,317) (318,317)

9815 BUSINESS SERVICES 1,068,863 1,134,238 1,138,896 1,205,697 1,224,958 1,252,732

9824 WORK STUDY 4,400 30 4,411 4,631 4,631 4,631

9010-9825 PARENT ADVISORY COUNCIL 0 637 0 0 0 0

9826 EMP. RELATIONS 75,548 111,182 90,439 94,521 96,579 98,950

9827 PERSONNEL 506,151 539,365 549,325 641,487 652,855 667,619

9830 PURCHASING 81,763 101,415 93,466 87,196 88,828 91,254

9831 WAREHOUSE 83,296 84,313 85,563 87,543 88,989 91,236

9832 PRINT SHOP 21,016 18,584 22,000 22,000 22,000 22,000

9835 INSURANCE 444,690 429,229 432,642 636,995 652,283 669,895

8150-9836 SAFETY PROG 0 86,045 24,199 25,008 25,416 25,886

16

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL BUD&ET BUDGET BUDGET BUDGET ASSUMPTIONS

PROGRAMS

9840 INFORMATION SERVICES 391,370 477,860 417,565 528,513 536,907 550,634

8150-9850 MAINTENANCE 2,427,598 2,565,025 2,349,825 2,581,496 2,773,706 2,821,204

8150-9851 VANDALISM 11,840 29,625 54,032 56,237 57,348 58,629

9855 CUSTODIAL SERVICES 1,982,961 2,037,805 2,028,007 2,084,944 2,123,267 2,181,482

9857 SECURITY 27,300 41,576 34,268 35,802 36,576 37,467

9858 SAFE SCHOOLS 7,754 51,303 29,822 31,313 32,065 32,930

9860 GROUNDS 293,302 308,171 285,017 321,846 326,871 334,331

9870 UTILITIE5 1,727,014 1,746,297 1,766,318 1,854,630 1,899,141 1,950,418

TOTAL EXPENDITURES $94,223,585 $96,040,889 $99,082,204 $103,221,584 $105,080,114 $107,932,478

UNRESTRICTED EXPENDITURES $72,883,087 $75,743,153 $79,722,587 $84,567,049 $86,990,092 $89,575,788

17

TOTAL REVENUES

TOTAL EXPENDITURES

______________________________________________________________________

SURPLUS/(DEFICIT)

BEGINNING BALANCEUNRESTRICTEDRESTRICTED

COMPONENTS OF ENDING BALANCE

A) NONSPENbABLE

1 REVOLVING CASH

2 STORES

3 PREPAID EXPENIIITURES

8) RESTRICTED

MAIN. RESERVES

RESTRICTED

C) COMMITTED

STABILIZATION ARRANGEMENTS

OTHER COMMITMENTS

b) ASSIGNED

OTHER ASSIGNMENTS

E) UNASSIGNED/UNAPPROPRIATED

RESERVE FOR ECO. UNCERTAINTIES 3,237,974UNASSIGNED/UNAPPROPRIATED 326,273

$23,292,509 $18,387,416 $15,616,679 $11,617,748 $10,948,266 $9,357,987

UNRESTRICTED (DEFICIT)/SURPLU5 I ($965,771) ($5,140,245) ($3,917,302) II ($3,445,374) ($1,393,712) ($2,344,044) I% of AVAILABLE RESERVE

6/9/2014

SUMMARY

ENDING BALANCE

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17

ACTUAL ACTUAL BUDGET BUDGET BUI)GET BUbGET ASSUMPTIONS

1. HW COST INCREASE @ 5.14% IN FY 14-15, 15-16 16-17

2. PARCEL TAX REVENUE CONTINUTE

3. HOME-SCHOOL TRANSPORTATION AT FY 13-14 LEVEL

$94,303,833 $91,135,796 $96,311,468 $99,222,652 $104,410,632 $106,342,199 4. ASSISTANT PRINCIPALS AT FY 13-14 LEVEL

5. PARCEL TAX PAY FOR LIBRARY 5-bAY SERVICES STARTING FY 15-16

6. ENROLLMENT PROJECTION BASEb ON NOV. 2012 RPT94,223,585 96,040,889 99,082,204 103,221,584 105,080,114 107,932,478 7. REVENUE BASEb ON bOF LCFF FUNbING GAP PERCENTAGES:

2014-15 28.06%, 2015-16 30.39%, 2016-17 19.50%

8. FY 14-15 SAVING FROM 12 RETIREMENTS;

$80,248 ($4,905,093) ($2,770,736) ($3,998,932) ($669,482) ($1,590,279) 5 RETIREMENTS IN FUTURE YEAR

9. TRANSFER GASB 45 FUNb $1 69M STARTING FY 15-16

10. A0OITIONAL STAFF (IS HR)

11. NO SALARY COLA INCREASE IN FUTURE YEARS

$21,966,145 $21,000,375 $15,860,129 $11,942,828 $8,497,454 $7,103,741 12. MUSIC PROGRAM STATUS QUO

$1,246,115 $2,292,134 $2,527,287 $3,673,852 $3,120,294 $3,844,525 13. MEET SUPPLEMENTAL $ SPENbING REQUIREMENTS

14. PERS RATE INCREASE IN FUTURE YEARS

FY 14-15 @ 11.7%; FY15-16 @ 12.6%: FY16-17 @ 15%

$23,292,509 $18,387,416 $15,616,680 $11,617,748 $10,948,266 $9,357,987 15. STRS RATE INCREASE IN FUTURE YEARS, CURRENT RATE @ 8.25%

FY 14-15 @9.5%: FY 15-16 @11.1%; FY 16-17 @12.7%

$15,000 $15,000 $15,000 15,000 15,000 15,000

70,160 57,888 70,160 $70,160 $70,160 $70,160

1,110,290 1,191,521 1,110,290 1,110,290 1,110,290 1,110,290

303,546 58,121 0 0 295,933 628,189

1,988,588 2,469,166 3,673,852 3,120,294 3,548,591 3,970,101

0 0 0 0 0 0

0 0 0 0 0 0

668,573 431,299 0 0 0 0

2,826,708 2,881,226 2,972,466 3,096,648 3,152,403

16,309,645 11,283,195 7,774,912 4,205,356 2,755,888

20.31% 14.75% 10.85% 7.07% 5.62% 3.30%

18

Financial Report - Unrestricted 6/9/2014

Evergreen Elementary School bistrict

2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL ACTUAL BUDGET BUDGET BUbGET BUDGET

REVENUES

REVENUE LIMIT/LCFF $60,777,080 $64,869,923 $64,835,376 $65,138,743 $80,912,994 $87,143,331 $91,691,512 $93,130,803

FEDERAL 0 0 0 0 0 0 0 0

STATE 13,204,834 11,432,599 11,378,414 11,272,571 2,161,475 2,161,475 2,161,475 2,161,475

LOCAL 2,838,082 2,606,006 3,408,720 2,765,163 2,752,090 2,971,490 2,971,490 2,971,490

SUBTOTAL $76,819,996 $78,908,528 $79,622,511 $79,176,477 $85,826,559 $92,276,296 $96,824,477 $98,263,768

EXPENDITURES

CERTIFICATED SALARIES $46,596,440 $45,333,972 $45,876,440 $47,385,945 $48,615,847 $49,385,508 $50,085,975 $50,571,876

CLASSIFIED SALARIES 5,240,589 4,822,639 4,706,475 5,241,702 6,319,469 6,920,682 6,920,682 6,920,682

EMPLOYEE BENEFITS 18,040,111 17,520,361 18,893,454 19,662,563 20,366,674 22,089,667 23,659,806 25,318,285

BOOKS & SUPPLIES 1,112,471 1,025,319 1,660,304 1,376,373 1,714,501 2,559,149 2,760,900 3,077,588

CONTRACTED SERVICES 1,782,884 1,917,912 2,009,593 2,348,077 2,581,474 3,464,421 3,406,719 3,521,686

CAPITAL OUTLAY 7,516 14,976 14,424 46,477 69,279 37,279 37,346 37,423

OTHER SOURCES/USES (349,364) (?63968) (277604) (317,983) 55,343 110,343 118,663 128,247

SUBTOTAL $72,430,647 $70,371,210 $72,883,087 $75,743,153 $79,722,587 $84,567,049 $86,990,091 $89,575,787

DEFICIT/SURPLUS $4,389,349 $8,537,318 $6,739,424 $3,433,324 $6,103,972 $7,709,247 $9,834,386 $8,687,981

TRANSFERS IN/OUT ($1,196,130) ($5,628,286) ($7,705,195) ($8,573,569) ($10,021,274) ($11,154,621) ($11,228,097) (4Hi,O32::L

SUBTOTAL $3,193,219 $2,909,032 ($965,771) ($5,140,245) ($3,917,302) ($3,445,374) ($1,393,711) ($2,344,043)

Beginning Balance $15,863,894 $19,057,113 $21,966,145 $21,000,374 $15,860,129 $11,942,827 $8,497,453 $7,103,742

Ending Balance $19,057,113 $21,966,145 $21,000,374 $15,860,129 $11,942,826 $8,497,453 $7,103,742 $4,759,699

Components of Ending Balance

A) NONSPENDABLE

1 REVOLVING CASH 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000

2 STORES 29,231 54,696 70,160 57,888 70,160 70,160 70,160 70,160

3 PREPAID EXPENDITURES 677,686 1,099,413 1,110,290 1,191,521 1,110,290 1,110,290 1,110,290 1,110,290

B) RESTRICTED

MAIN. RESERVES 0 0 0 0 0 0 0 0

RESTRICTED 0 0 0 0 0 0 0 0

C) COMMITTED

STABILIZATION ARRANGEMENTS 0 0 0 0 0 0 0 0

OTHER COMMITMENTS 0 0 0 0 0 0 0 0

D) ASSIGNED

OTHER ASSIGNMENTS 726,222 1,143,448 668,573 431,299 0 0 0 0


RESERVE FOR ECO. UNCERTAINTIES 2,935,479 2,750,132 2,826,708 2,881,226 2,972,466 3,096,648 3,152,403 3,237,974

UNASSIGNED/UNAPPROPRIATED 14,673,496 16,903,456 16,309,643 11,283,194 7,774,910 4,205,355 2,755,888 326,274

$19,057,113 $21,966,145 $21,000,374 $15,860,129 $11,942,826 $8,497,453 $7,103,742 $4,759,699

19

REVENUES

Financial Report - Restricted 6/9/2014

Evergreen Elementary School bistri Ct

SEFICIT/SURPLUS ($9,958,653) ($8,268,718) ($6,659,176) ($8,338,417) ($8,874,708) ($11,708,179) ($11,103,867) ($11,368,259)

TRANSFERS IN/OUT

SUBTOTAL

$5,485,303 $6,578,286

($4,473,349) ($1,690,431)

$7,705,195$1,046,019

$8,573,569

$235,152

$10,021,274 $11,154,621 $11,828,097 $12,122,024

$1,146,566 ($553,558) $724,230 $753,765

Beginning Balance

Ending Balance


A) NONSPENSABLE

1 REVOLVING CASH

2 STORES

3 PREPAIS EXPENSITURES

B) RESTRICTES

MAIN. RESERVES

RESTRICTES

C) COMMITTEb

STABILIZATION ARRANGEMENTS

OTHER COMMITMENTS

5) ASSISNEb

OTHER ASSIGNMENTS

E) UNASSI&NED/UNAPPROPRIATEt

RESERVE FOR ECO. UNCERTAINTIES

UNASSIGNES/UNAPPROPRIATES

2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL ACTUAL BUbGET BLJbGET BUbGET BUDGET

REVENUE LIMIT/LCFF $1,072,135 $930,277 $844,878 $811,673 $0 $0 $0 $0FESERAL 7,116,819 5,145,024 6,650,310 4,269,744 4,685,486 4,380,717 4,399,026 4,401,302STATE 3,466,961 2,978,595 3,578,082 3,725,897 4,375,187 1,511,966 1,511,966 1,511,966LOCAL 3,804,077 3,977,240 3,608,053 3,152,004 1,424,236 1,053,673 1,075,163 1,075,163SUBTOTAL $15,459,992 $13,031,136 $14,681,323 $11,959,319 $10,484,909 $6,946,356 $6,986,155 $6,988,431

EXPENSITURES

CERTIFICATES SALARIES $8,536,803 $7,161,297 $6,945,843 $5,832,901 $6,129,323 $6,191,400 $5,821,831 $5,821,049CLASSIFIES SALARIES 4,737,968 4,308,903 4,304,713 3,587,194 2,839,775 2,931,376 2,931,376 2,921,231EMPLOYEE BENEFITS 4,765,097 4,379,410 4,453,659 3,812,753 3,356,768 3,575,071 3,652,040 3,912,656BOOKS S SUPPLIES 3,256,423 1,398,563 1,508,353 2,114,810 2,279,969 1,642,251 1,327,351 1,307,103CONTRACTES SERVICES 3,446,535 3,732,055 3,690,754 4,226,424 4,525,146 4,140,801 4,182,828 4,218,949CAPITAL OUTLAY 17,240 26,080 35,209 56,203 1,969 1,969 1,969 1,969OTHER SOURCES/USES 658,578 293,546 401,967 667,451 226,667 171,667 172,627 173,733SUBTOTAL $25,418,645 $21,299,854 $21,340,498 $20,297,736 $19,359,617 $18,654,535 $18,090,022 $18,356,690

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

$7,409,895 $2,936,546 $1,246,115 $2,292,134 $2,527,286 $3,673,852 $3,120,294 $3,844,524

$2,936,546 $1,246,115 $2,292,134 $2,527,286 $3,673,852 $3,120,294 $3,844,524 $4,598,289

437,982 507,715 303,546 58,121

2,498,564 738,400 1,988,588 2,469,165

0 0 0 0 0 0 0 0

0 0 0 0 0 0 0 0

$2,936,546 $1,246,115 $2,292,134 $2,527,286 $3,673,852 $3,120,294 $3,844,524 $4,598,289

0

0

3,673,852

0

0

0

0

0

(0)

3,120,294

0

0

0

0

295,933

3,548,591

0

0

0

0

628,189

3,970,100

0

0

0

0

0

0

0

0 0

20

Financial Report - Unrestricted! Restricted 6/9/2014

Evergreen Elementary School bistrict

2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL. ACTUAL BUbGET BUbGET BUDGET BUDGET

REVENUES

REVENUE LIMIT/LCFF $61,849,215 $65,800,201 $65,680,254 $65,950,416 $80,912,994 $87,143,331 $91,691,512 $93,130,803FEbERAL 7,116,819 5,145,024 6,650,310 4,269,744 4,685,486 4,380,717 4,399,026 4A01,3025TATE 16,671,795 14,411,194 14,956,497 14,998,468 6,536,662 3,673,441 3,673,441 3,673,441LOCAL 6,642,159 6,583,246 7,016,772 5,917,167 4,176,326 4,025,163 4,046,653 4,046,653SUBTOTAL $92,279,988 $91,939,665 $94,303,833 $91,135,796 $96,311,468 $99,222,652 $103,810,632 $105,252,199

EXPENbITURES

CERTIFICATEb SALARIES $55,133,243 $52,495,269 $52,822,284 $53,218,846 $54,745,170 $55,576,908 $55,907,806 $56,392,925CLASSIFIEb SALARIES 9,978,558 9,131,542 9,011,189 8,828,896 9,159,244 9,852,058 9,852,058 9,841,913EMPLOYEE BENEFITS 22,805,209 21,899,771 23,347,113 23,475,316 23,723,442 25,664,738 27,311,846 29,230,941BOOKS & SUPPLIES 4,368,894 2,423,882 3,168,657 3,491,183 3,994,470 4,201,400 4,088,251 4,384,691CONTRACTEb SERVICES 5,229,419 5,649,966 5,700,347 6,574,501 7,106,620 7,605,222 7,589,547 7,740,635CAPITAL OUTLAY 24,756 41,056 49,633 102,679 71,248 39,248 39,315 39,392

OTHER SOURCES/USES 309,213 29,578 124,362 349,468 282,010 282,010 291,290 301.980SUBTOTAL $97,849,292 $91,671,064 $94,223,585 $96,040,889 $99,082,204 $103,221,584 $105,080,113 $107,932,477

bEFICIT/SURPLUS ($5,569,304) $268,601 $80,248 ($4,905,093) ($2,770,736) ($3998932) ($1,269,481) ($2,680,278)

TRANSFERS IN/OUT $4,289,173 $950,000 $0 $0 $0 $0 $600,000 $1,090,000

SUBTOTAL ($1,280,130) $1,218,601 $80,248 ($4,905,093) ($2,770,736) ($3,998,932) ($669,481) ($1,590,278)

Beginning Balonce $23,273,789 $21,993,659 $23,212,260 $23,292,508 $18,387,415 $15,616,679 $11,617,747 $10,948,266

Ending Balance $21,993,659 $23,212,260 $23,292,508 $18,387,415 $15,616,679 $11,617,747 $10,948,266 $9,357,988


A) NONSPENDABLE

I REVOLVING CASH 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,0002 STORES 29,231 54,696 70,160 57,888 70,160 70,160 70,160 70,160

3 PREPAID EXPENDITURES 677,686 1,099,413 1,110,290 1,191,521 1,110,290 1,110,290 1,110,290 1,110,290

B) RESTRICTED

MAIN. RESERVES 437,982 507,715 303,546 58,121 0 (0) 295.933 628,189

RESTRICTEb 2,498,564 738,400 1,988,588 2,469,165 3,673,852 3,120,294 3,548,591 3,970,100

C) COMMITTED

STABILIZATION ARRANGEMENTS 0 0 0 0 0 0 0 0

OTHER COMMITMENTS 0 0 0 0 0 0 0 0

b) ASSIGNED

OTHER ASSIGNMENTS 726,222 1,143,448 668,573 431,299 0 0 0 0


RESERVE FOR ECO. UNCERTAINTIES 2,935,479 2,750,132 2,826,708 2,881,226 2,972,466 3,096,648 3,152,403 3,237,974

UNA5SIGNEb/UNAPPROPRIATEb 14,673,496 16,903,456 16,309,643 11,283,194 7,774,910 4,205,355 2,755,888 326,274

$21,993,659 $23,212,260 $23,292,508 $18,387,415 $15,616,679 $11,617,747 $10,948,266 $9,357,988

% of AVAILABLE RESERVE 18.00% 21.44% 20.31% 14.75% 10.85% 7.07% 5.62% 3,30%

21

Evergreen School DistrictUnrestricted General Fund Reserve

iIIions DOF Funding GAP I with Parcel Tax Revenue

20.00

15.00

10.00

5.00

0.00

(5.00)2011-12 2012-13 2013-l4Est.

L2014-15 Est.

03% Reserve

2015-16 Est. 2016-17 Est.

22

EVEIGREEN SCHOOL bI5TRICT

CAFETERIA FUNb (130)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BUDGET BUDGET BUDGET BUDGET

REVENUE

FEbERAL LUNCH $1,771,213 $1,895,581 $1,938,720 $1,900,000 $1,900,000 $2,000,000 $2,076,000STATE LUNCH 140,425 151,605 154,456 152,475 152,475 155,524 165,000LOCAL SALES 1,897,667 1,834,673 1,787,467 1,898,000 1,898,000 1,916,980 1,940,000

TOTAL REVENUES $3,809,305 $3,881,860 $3,880,643 $3,950,475 $3,950,475 $4,072,504 $4,181,000

EXPENDITURES

CAFETERIA $3,692,021 $3,912,364 $4,110,641 $4,032,120 $4,094,784 $4,135,731 $4,177,0880 0 0 0 0 0 0

TOTAL EXPENbITURES $3,692,021 $3,912,364 $4,110,641 $4,032,120 $4,094,784 $4,135,731 $4,177,088

SURPLUS/(DEFICIT) $117,284 ($30504) ($229,997) ($81,645) ($144309) ($63227) $3,912

BEGINNING BALANCE $652,279 $769,563 $739,059 $509,062 $427,417 $283,108 $219,881

ENOING BALANCE $769,563 $739,059 $509,062 $427,417 $283,108 $219,881 $223,793

COMPONENTS OF

ENbING BALANCE

A) NONSPENDABLE

1 REVOLVING CASH $200 $200 $200 $200 $200 $200 $2002 STORES 132,651 123,300 146,606 123,300 123,300 123,300 123,3003 PREPAIb EXPENbITURE5 0 0 0 0 0 0 0

B) RESTRICTED 636,712 615,559 362,255 303,917 159,608 96,381 100,293

769,563 739,059 509,062 427,417 283,108 219,881 223,793

23

EVERGIEEN SCHOOL bI5TRICT

bEFERREb MAINTENANCE FUNb (140)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BUb&ET BIJbGET B(J&ET BUbGET

REVENUE

STATE SHARE $0 $0 $0 $0 $0 $0 $0INTEREST 21 24 19 0 0 0 0TRANSFER-IN 0 0 0 0 0 0 0

TOTAL REVENUES $21 $24 $19 $0 $0 $0 $0

EXPENbITIJRES

MAINTENANCE $0 $0 $0 $0 $0 $0 $0TRANSFER-OUT 0 0 0 0 0 0 0

TOTAL EXPENDITURES $0 $0 $0 $0 $0 $0 $0

5URPLUS/(DEFICIT) $21 $24 $19 $0 $0 $0 $0

BEGINNING BALANCE $3325 $3346 $3,370 $3,389 $3,389 $3,389 $3,389

ENDING BALANCE $3,346 $3,370 $3,389 $3,389 $3,389 $3,389 $3,389

COMPONENT5 OF

ENDING BALANCE

A) NONSPENbABLE

1 REVOLVING CASH 0 0 0 0 0 0 02STORES 0 0 0 0 0 0 03 PREPAID EXPENDITURES 0 0 0 0 0 0 0

B) RESTRICTED 0 0 0 0 0 0 0

C) COMMITTEb 0 0 0 0 0 0 0

b) ASSIGNED

OTHER ASSIGNMENTS 3,346 3,370 3,389 3,389 3,389 3,389 3,389E) UNASSIGNED/UNAPPROPRIATED 0 0 0 0 0 0 0

$3,346 $3,370 $3,389 $3,389 $3,389 $3,389 $3,389

24

EVERGREEN SCHOOL bISTRICT

SPECIAL RESERVES FOR POSTEMPLOYMENT BENEFITS FUNb (200)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BUtGET BUt)&ET BUb&ET BtJbGET

REVENUE

INTEREST $13,105 $11,766 $9,525 $12,150 $12,150 $12,150 $12,150TRANSFER - IN 0 0 0 0 0 0 0

0 0 0 0 0 0 0

TOTAL REVENUES $13,105 $11,766 $9,525 $12,150 $12,150 $12,150 $12,150

EXPENbITURES

TRANSFER - OUT $0 $0 $0 $0 $0 $600,000 $1,090,000

TOTAL EXPENDITURES $0 $0 $0 $0 $0 $600,000 $1,090,000

SURPLUS/(DEFICIT) $13,105 $11,766 $9,525 $12,150 $12,150 ($587,850) ($1,077,850)

BEGINNING BALANCE $1,651,942 $1,665,047 $1,676,813 $1,686,338 $1,698,488 $1,710,638 $1,122,788

ENDING BALANCE $1,665,047 $1,676,813 $1,686,338 $1,698,488 $1,710,638 $1,122,788 $44,938

COMPONENTS OF

ENDING BALANCE

A) NONSPENbABLE


B) RESTRICTEb

C) COMMITTEb

STABILIZATION ARRANGEMENTS 0 0 0 0 0 0 0

OTHER COMMITMENTS 1,665,047 1,676,813 1,686,338 1,698,488 1,710,638 1,122,788 44,938b) ASSIGNEb

OTHER ASSIGNMENTS 0 0 0 0 0 0 0E) UNASSIGNEb/UNAPPROPRIATEb 0 0 0 0 0 0 0

$1,665,047 $1,676,813 $1,686,338 $1,698,488 $1,710,638 $1,122,788 $44,938

25

EVEI&REEN SCHOOL bISTRICT

BUILIYtNG FUND (210)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BUDGET BUb&ET BUb&ET BUD&ET

REVENUE

INTEREST/ LOCAL REV $117,840 $101,456 $78,881 $64,000 $50,000 $50,000 $50,000TRANSFER - IN 0 0 0 0 0 0 0BONbSALE 0 0 0 0 0 0 0

TOTAL REVENUES $117,840 $101,456 $78,881 $64,000 $50,000 $50,000 $50,000

EXPENDITURES

0000 TRANSFER - OUT $0 $0 $4,400,000 $0 $0 $0 $09960 STATE MObERNIZE 0 0 0 0 0 0 09961 STATE CONSTRUCTION 0 0 0 0 0 0 09962 OTHER PROJECTS 115,593 119,548 4,404 612,000 132,000 132,000 132,0009963 DISTRICT CONSTRUCTION 0 0 0 0 0 0 09964 DISTRICT MODERNIZE 0 0 0 0 0 0 09968 INSURANCE REPAIR 0 0 0 0 0 0 0

TOTAL EXPENDITURES $115,593 $119,548 $4,404,404 $612,000 $132,000 $132,000 $132,000

SURPLUS/(DEFICIT) $2,247 ($18092) ($4325523) ($548000) ($82000) ($82000)


ENDING BALANCE $14,431,927 $14,413,836 $10,088,313 $9,540,313 $9,458,313 $9,376,313 $9,294,313

COMPONENTS OF

ENDING BALANCE

A) NONSPENDABLE

1 REVOLVING CASH 0 0 0 0 0 0 02STORES 0 0 0 0 0 0 03 PREPAIb EXPENDITURES 0 0 0 0 0 0 0

B) RESTRICTED 0 0 0 0 0 0 0C) COMMITTED 0 0 0 0 0 0 0

D) ASSIGNED

OTHER ASSIGNMENTS 14,431,927 14,413836 10,088,313 9,540313 9,458,313 9,376,313 9,294313E) UNASSIGNED/UNAPPROPRIATED 0 0 0 0 0 0 0

$14,431,927 $14,413,836 $10,088,313 $9,540,313 $9,458,313 $9,376,313 $9,294,313

26

EVEftGREEN SCHOOL bISTRICT

BONb FUNb (211)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BUtGET BVt&ET BUb&ET BUtGET

REVENUE

INTEREST/ LOCAL REV $95,162 ($174,676) $12,037 $10,000 $500 $0 $0TRANSFER - IN 0 6,000,000 11,683,717 0 0 0 0BONbSALE 0 0 0 0 0 0

TOTAL REVENUES $95,162 $5,825,324 $11,695,754 $10,000 $500 $0 $0

EXPENbITURES

0000 TRANSFER - OUT $0 $0 $0 $0 $0 $0 $09960 STATE MObERNIZE 14,473 2,884 256 5,000 0 0 09961 STATE CONSTRUCTION 1,402,746 255,825 (1,940) 34,000 0 0 09962 OTHER PROJECTS 1,013,583 524,353 341,382 300,000 0 0 09963 bISTRICT CONSTRUCTION 3,999,890 1,893,916 7,032,808 1,500,000 0 0 09964 bISWICTMObERNIZE 4,537,647 3,611,085 1,450,744 2,156,332 242,827 0 09968 INSURANCE REPAIR 0 0 0 0 0 0 0

TOTAL EXPENbITURES $10,968,339 $6,288,063 $8,823,250 $3,995,332 $242,827 $0 $0

SURPLUS/(bEFICIT) ($10,873,176) /9) $2,872,503 ($3985332) ($242327) $0 $0

BEGINNING BALANCE $12,691,071 $1,817,895 $1,355,156 $4,227,659 $242,327 ($0) ($0)

ENbING BALANCE $1,817,895 $1,355,156 $4,227,659 $242,327 ($0) ($0)

COMPONENTS OF

ENbING BALANCE

A) NONSPENbABLE

1 REVOLVING CASH 0 0 0 0 0 0 02STORES 0 0 0 0 0 0 03 PREPAIb EXPENbITURES 0 0 0 0 0 0 0

B) RESTRICTEI 0 0 0 0 0 0 0C) COMMITTEb 0 0 0 0 0 0 01) ASSINEb

OTHER ASSIGNMENTS 1,817,895 1,355,156 4,227,659 242,327 (0) (0) (0)E) UNASSIGNEt/UNAPPROPRIATEb 0 0 0 0 0 0 0

$1,817,895 $1,355,156 $4,227,659 $242,327 ($0) ($0) ($0)27

EVERGREEN SCHOOL bI5TIICT

CAPITAL FACILITIES FUNb (250)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BUbGET BIJb&ET BUbGET BIJb&ET

REVENUE

INTEREST $4,024 $4,301 $7,248 $8,000 $4,760 $4,760 $4,760bEV FEES-SILVER OAK 0 0 7,322 0 0 0 00EV FEES - OTHER 63,242 282,195 950,127 390,000 20,000 20,000 20,000

TOTAL REVENUES $67,266 $286,496 $964,697 $398,000 $24,760 $24,760 $24,760

EXPENDITURES

FACILITIES $1,897 $0 $57,613 $1,252,000 $182,000 $182,000 $182,000TRANSFERS-OUT 0 0 0 0 0 0 0

0 0 0 0 0 0 0

TOTAL EXPENDITURES $1,897 $0 $57,613 $1,252,000 $182,000 $182000 $182,000

SURPLUS/(DEFICIT) $65,369 $286,496 $907,085 ‘“ ($157240) ($157,240) ($157,240)

BEGINNING BALANCE $489,444 $554,813 $841,308 $1,748,393 $894,393 $737,153 $579,913

ENDING BALANCE $554,813 $841,308 $1,748,393 $894,393 $737,153 $579,913 $422,673

COMPONENTS OF

ENDING BALANCE

A) NONSPENDABLE



0) ASSIGNED

OTHER ASSIGNMENTS 554,813 841,308 1,748,393 894,393 737,153 579,913 422,673E) UNASSIGNED/UNAPPROPRIATED 0 0 0 0 0 0 0

$554,813 $841,308 $1,748,393 $894,393 $737,153 $579,913 $422,673

28

EVERGREEN SCHOOL DISTRICT

COUNTY SCHOOL FACILITY FUNL) (350)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BUDGET BUDGET BUDGET BUDGET

REVENUE

STATE APPORTIONMENT $7,421,821 $0 $0 $0 $0 $0 $0INTEREST 97,256 67,012 16,211 0 0 0 0

0 0 0 0 0 0 0

TOTAL REVENUES $7,519,077 $67,012 $16,211 $0 $0 $0 $0

EXPENDITURES

TRANSFER - OUT $0 $6,000,000 $7,238,717 $0 $0 $0 $00 0 0 0 0 0 00 0 0 0 0 0 0

TOTAL EXPENDITURES $0 $6,000,000 $7,238,717 $0 $0 $0 $0

SuRPLUS/(DEFIaT) $7,519,077 ($5932983) $7222,5O6) $o o $0

_____________

BEGINNING BALANCE $5,681,416 $13,200,493 $7,267,505 $0 $0 $0 $0

ENDING BALANCE $13,200,493 $7,267,505 $0 $0 $0 $0 $0

COMPONENTS OF

ENDING BALANCE

A) NONSPENDABLE

1 REVOLVING CASH 0 0 0 0 0 0 02STORE5 0 0 0 0 0 0 03 PREPAID EXPENDITURES 0 0 0 0 0 0 0

B) RESTRICTED 0 0 0 0 0 0 0C) COMMITTED 0 0 0 0 0 0 0b) ASSIGNED

OTHER ASSIGNMENTS 13,200,493 7,267,505 0 0 0 0 0E) UNASSIGNED/UNAPPROPRIATED 0 0 0 0 0 0 0

$13,200,493 $7,267,505 $0 $0 $0 $0 $0

29

EVERGREEN SCHOOL bI5TRICT

BONb INTERE5T & REbEMPTION FUNb (510)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BVbGET BUbGET BUDGET BUDGET

REVENUE

VOTED INDEBTEDNESS $137,470 $86,953 $80,535 $67,819 $101,980 $101,980 $101,980SECURED 10,831,831 9,409,649 8,858,128 8,303,674 10,665,363 10,665,363 10,665,363UNSECURED 156,027 181,584 160,829 153,095 140,000 140,000 140,000SUPPLEMENTAL 37,212 58,783 58,511 0 0 0 0INTEREST/OTHER 33,130 23,346 15,862 37,000 34,000 34,000 34,000

TOTAL REVENUES $11,195,670 $9,760,314 $9,173,865 $8,561,588 $10,941,343 $10,941,343 $10,941,343

EXPENDITURES

BOND REDEMPTION $5,609,127 $6,144,520 $5,563,989 $5,055,000 $6,000,000 $6,000,000 $6,000,000BOND INTEREST 4,817,955 4,679,157 4,283,445 3,810,867 4,000,000 4,000,000 4,000,000

0 0 0 0 0 0 00 0 0 0 0 0 0

TOTAL EXPENDITURES $10,427,082 $10,823,677 $9,847,435 $8,865,867 $10,000,000 $10,000,000 $10,000,000

SURPLUS/(DEFICIT) $768,588 ($1063362) ($673570) ($304279) $941,343 $941,343 $941,343


ENDING BALANCE $8,981,329 $7,917,967 $7,244,397 $6,940,118 $7,881,461 $8,822,804 $9,764,147

COMPONENTS OF

ENDING BALANCE

A) NONSPENDABLE



D) ASSIGNED

OTHER ASSIGNMENTS 8,981,329 7,917,967 7,244,397 6,940,118 7,881,461 8,822,804 9,764,147E) UNASSIGNED/UNAPPROPRIATED 0 0 0 0 0 0 0

$8,981,329 $7,917,967 $7,244,397 $6,940,118 $7,881,461 $8,822,804 $9,764,147 30

EVEIGREEN SCHOOL bISTRICT

MELLO ROO5 FUND (520)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL BU&ET BUI)GET BUbGET BUbGET

REVENUE

INTEREST $35,566 $35,803 $35,178 $35,000 $35,000 $35,000 $35,000LOCAL TAX 586,388 569,245 586,961 560,000 560,000 560,000 560,000

0 0 0 0 0 0 0

TOTAL REVENUES $621,954 $605,048 $622,139 $595,000 $595,000 $595,000 $595,000

EXPENbITURES

COP REPAYMENT $607,134 $609,016 $603,945 $588,700 $588,700 $588,700 $588,7000 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 00 0 0 0 0 0 0

TOTAL EXPENbITURES $607,134 $609,016 $603,945 $588,700 $588,700 $588,700 $588,700

SURPLUS/(bEFICIT) $14,820 ($3,968) $18,194 $6,300 $6,300 $6,300 $6,300


ENbING BALANCE $1,252,505 $1,248,537 $1,266,731 $1,273,031 $1,279,331 $1,285,631 $1,291,931

COMPONENTS OF

ENbING BALANCE

A) NONSPENbABLE

1 REVOLVING CASH 0 0 0 0 0 0 02STORES 0 0 0 0 0 0 03 PREPAIb EXPENbITURES 0 0 0 0 0 0 0

B) RESTRICTEb 0 0 0 0 0 0 0C) COMMITTEb 0 0 0 0 0 0 0b) ASSI&NEb

OTHER ASSIGNMENTS 1,252,505 1,248,537 1,266,731 1,273,031 1,279,331 1,285,631 1,291,931E) UNASSIGNEb/UNAPPROPRIATEb 0 0 0 0 0 0 0

$1,252,505 $1,248,537 $1,266,731 $1,273,031 $1,279,331 $1,285,631 $1,291,93131

EVERGREEN SCHOOL bISTRICT

WORKERS COMPENSATION SELF-INSURANCE FUNb (670)2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17ACTUAL ACTUAL ACTUAL B(JbGET BUbGET BtJb6ET BUDGET

REVENUE

TRANSFERS-IN $0 $0 $0 $0 $0 $0 $0INTEREST/LOCAL REV 9,462 2,568 2,159 3,000 3,000 3,000 3,000PREMIUMS TRANSFER 744,236 794,618 1,014,620 955,003 1,058,466 1,058,466 1,058,466

TOTAL REVENUES $753,698 $797,186 $1,016,779 $958,003 $1,061,466 $1,061,466 $1,061,466

EXPENDITURES

WORKER’S COMP PAYMENT $648,503 $781,953 $1014620 $958,003 $1,058,466 $1,058,466 $1,058,466TRANSFERS-OUT 950,000 0 0 0 0 0 0

0 0 0 0 0 0 00 0 0 0 0 0 0

TOTAL EXPENOITURES $1,598,503 $781,953 $1,014,620 $958,003 $1,058,466 $1,058,466 $1,058,466

SURPLUS/(bEFICIT) ($844805) $15,233 $2,159 $0 $3000 $3,000 $3,000

BEGINNING BALANCE $1,213,274 $368,469 $383,702 $385,861 $385,861 $388,861 $391,861

ENbING BALANCE $368,469 $383,702 $385,861 $385,861 $388,861 $391,861 $394,861

COMPONENTS OF

ENOING BALANCE

A) NONSPENDABLE

1 REVOLVING CASH 0 0 0 0 0 0 02STORES 0 0 0 0 0 0 03 PREPAID EXPENbITURES 0 0 0 0 0 0 0

B) RESTRICTED 0 0 0 0 0 0 0C) COMMITTED 0 0 0 0 0 0 0b) ASSIGNED

OTHER ASSIGNMENTS 368,469 383,702 385,861 385,861 388861 391,861 394,861E) UNASSIGNED/UNAPPROPRIATED

___________ ___________

32$368469 $383,702 $385,861 $385,861 $388,861 $391,861 $394,861

16,000

6,000

4,000

2,000

Evergreen School DistrictAttendance & Enrollment Information

4

4’.14,000 —

4

4’

12,000

4’$ \o

4’.-_4’. 4’

10,000

c Oj 4’.

8,000

,t.

4’. 4’.

0

— I—,ç)

C Enrollment — - DP-2ADA--

I fr.I I

33

Glossary

ADA - Average Daily Attendance For regular attendance, ADA is equal to the average number of pupils actually attending classes who are enrolled for at leastthe minimum school day.

Categorical Aid Funds from the state or federal government grants to qualifying school agencies for specialized programs regulated and controlled by federal orstate laws or regulations. Examples include programs for children with special needs, such as special education and Gifted and Talented Education; specialprograms such as the School Improvement Program (SIP); or special purposes such as transportation. Expenditure of most categorical aid is restricted to itsparticular purpose. The funds are granted to districts in addition to their revenue limits.

CBEDS - California Basic Education Data System The statewide system of collecting enrollment, staffing, and salary data from all school districts on a designated“Information Day” each October.

COLA - Cost of Living Adjustment An increase in funding for government programs, including revenue limits or categorical programs. Current law ties theCOLA for most education programs to the annual percentage change in the “Implicit Price Deflator” for State and Local Governments (a government price index).

FTE - Full-Time Equivalent The ratio of time expended in a part-time position to that of a full-time position. The ratio is derived by dividing the amount ofemployed time required in the part-time position by the amount of employed time required in a corresponding full-time position.

Encroachment The expenditure of school districts’ general purpose funds in support of a categorical program i.e. the categorical expense encroaches into thedistrict’s general fund for support. Encroachment occurs in most districts and county offices that provide special education and transportation. Otherencroachment is caused by deficit factors or local decisions to allocate general purpose funds to special purpose programs.

Local Control Funding Formula (LCFF) replaced revenue limits and most of the categorical program funding. The three elements of formula are, base grant bygrade spans; added funding for K-3 class size reduction; additional funding based on the demographics of district’s English learner population, pupils eligibilityfor free and reduced-price meals and foster students.

Parcel Tax A special tax that is a flat amount per parcel and not ad valorem based (i.e. not according to the value of the property). Parcel taxes must be approvedby a two-thirds vote of the electorate.

PERS -Public Employees’ Retirement System State law requires that classified employees, their employer, and the state contribute to this retirement fund.Reserves Funds set aside in a school district, budget to provide for estimated future expenditures or to offset future losses, for working capital, or for otherpurposes.

34

Documents

ADOPTED BUDGET 2014-15 aT - eesd.orgchaboya.eesd.org/uploaded/documents/community_budget/...ADOPTED BUDGET 2014-15 Cedar Grove ElementarySchool EVERGREEN ELEMENTARY SCHOOL DISTRICT