SAN DIEGO UNIFIED SCHOOL DISTRICTold.sandi.net/board/reports/2007/0911/7d_powerpoint.pdf · SAN DIEGO UNIFIED SCHOOL DISTRICT Unaudited Actuals Financial ReportUnaudited Actuals Financial

SAN DIEGO UNIFIED SCHOOL DISTRICT

Unaudited Actuals Financial ReportUnaudited Actuals Financial Report- Fiscal Year 2006/07

Board PresentationBoard Presentation September 11, 2007

2006/07

Unaudited Actuals2006/07

Agenda

Introduction

Ending Balances – All Fundsg

General Fund – Resource Comparisons

General Fund - Major Account Comparisons

Other Comparisons

Conclusions

2

2006/07


Purpose Brief the Board on the Close Out of Fiscal/School

Introduction

Purpose … Brief the Board on the Close-Out of Fiscal/School Year 2006/07

Intention Highlight Notable Changes and Compare SelectedIntention … Highlight Notable Changes and Compare Selected Financial Numbers

Bottom Line …the 06/07 General Fund Unaudited Ending gBalance (EB) is $52.9M … the 06/07 Adopted Budget EB is $49.2M

R d ti B d A th U dit d A t l &Recommendation … Board Approve the Unaudited Actuals & Forward to CDE

Per Education Code 42100, the Governing Board Shall Approve

3

, g ppthe Report on or before 9/15/2007

2006/07


Agenda

Introduction




Other Comparisons

Conclusions

4

2006/07


S f E di B l

Ending Balances – All Funds

Summary of Ending Balances

Fund Beginning Transfers Endingg g gFund Descriptions Num Balances Revenues Expenditures In / (Out) Balances

General 01 107,359,558$ 1,224,901,910$ 1,176,637,757$ (28,585,277)$ 127,038,435$ Adult Education 11 855,072 2,159,561 1,963,623 - 1,051,011 Child Development 12 (990 967) 24 979 208 25 876 681 1 892 916 4 476Child Development 12 (990,967) 24,979,208 25,876,681 1,892,916 4,476 Cafeteria 13 (653,471) 46,320,391 45,645,482 533,766 555,204 Deferred Maintenance 14 260,431 4,748,182 4,926,104 - 82,510 Pupil Trans Equipmt 15 2,656,485 115,197 2,146,128 2,500,000 3,125,554 Reserve for Non-Capital 17 NEW 812,518 - 27,922,140 28,734,658 R i B fi 20 1 259 620 74 361 (87 826) 1 246 155Retiree Benefits 20 1,259,620 74,361 - (87,826) 1,246,155 Building 21 191,783,097 7,505,642 187,475,211 - 11,813,528 Capital Facilities 25 36,232,418 18,289,196 15,962,784 (2,081,858) 36,476,972 County School Facilities 35 258,242,332 139,953,166 50,054,346 - 348,141,152 Reserve for Capital Outlay 40 22,727,161 37,238,280 8,202,906 (335,508) 51,427,026 Bond Interest & Redempt. 51 36,276,503 383,331,877 378,325,955 - 41,282,425 Tax Override 53 6,554,884 - - (6,554,884) - Self-Insurance 67 53,356,132 44,183,235 34,390,467 4,796,531 67,945,431

Totals 715,919,254$ 1,934,612,725$ 1,931,607,444$ -$ 718,924,536$

5

2006/07

Unaudited Actuals2006/07Revenues


($’s in millions)

Child B ildiCafeteria

Capital Facilities$18.3 (1%)

Development $25.0 (1%)

Building$7.5 (0.5%)

General$1,224.9 (64%)

$46.3 (2%)

$ ( )

County School Facilities

$140.0 (7%)

Reserve for Capital Outlay

$37.2 (2%)

Bond Interest &Others

$7.9 (0.5%)

Bond Interest & Redemption

$383.3 (20%)Self-Insurance $44.2 (2%)

6Totals: $1,934.6

2006/07

Unaudited Actuals2006/07Expenditures


($’s in millions)

Child Development Cafeteria

$45 6 (2%)$25.9 (1%)

General$1 176 6 (61%)

$45.6 (2%)

Building$187.5 (10%)

Capital Facilities$1,176.6 (61%)

County School Facilities

Capital Facilities $16.0 (1%)

Reserve for Capital Outlay$8.2 (0.5%)

ac t es$50.1 (3%)

B d I t t &Self-Insurance

$34.4 (2%)

Others$9.0 (0.5%)

Bond Interest & Redemption

$378.3 (20%)

7Totals: $1,931.6

2006/07



2006/07 Fund Balance ChangesFund

Fund Descriptions Num Beginning Ending Changes

General 01 107,359,558$ 127,038,434$ 19,678,876$ Adult Education 11 855,072 1,051,011 195,938 Child Development 12 (990,967) 4,476 995,443Child Development 12 (990,967) 4,476 995,443 Cafeteria 13 (653,471) 555,204 1,208,675 Deferred Maintenance 14 260,431 82,510 (177,921) Pupil Trans Equip 15 2,656,485 3,125,554 469,069 Reserve for Non-Capital 17 NEW 28 734 658 28 734 658Reserve for Non-Capital 17 NEW 28,734,658 28,734,658 Retiree Benefits 20 1,259,620 1,246,155 (13,465) Building 21 191,783,097 11,813,528 (179,969,569) Capital Facilities 25 36,232,418 36,476,972 244,554 C t S h l F iliti 35 258 242 332 348 141 152 89 898 820County School Facilities 35 258,242,332 348,141,152 89,898,820 Reserve for Capital 40 22,727,161 51,427,026 28,699,865 Bond Interest & Redempt. 51 36,276,503 41,282,425 5,005,921 Tax Override 53 6,554,884 - (6,554,884)

lf

8

Self-Insurance 67 53,356,132 67,945,431 14,589,299

Totals 715,919,254$ 718,924,535$ 3,005,281$

2006/07


2006/07 Fund Balance Changes


2006/07 Fund Balance Changes

$350,000,000

State Matching Funds

$230,000,000

$290,000,000Prop MM

Expenditures

$110,000,000

$170,000,000Late Allocation of Categoricals

Mandate Reserve

Copley Property

SaleFunding

Workers’ Comp

Funding

$(10,000,000)

$50,000,000

Gen

eral

ucat

ion

opm

ent

afet

eria

tena

nce

s Equ

ip

Capi

tal

enef

its

uild

ing

acili

ties

acili

ties

Capi

tal

edem

pt.

Ove

rrid

e

sura

nce

G

Adu

lt Ed

u

Child

Dev

elo

Ca

Def

erre

d M

aint

Pupi

l Tra

n

Rese

rve

for N

on-

Retir

ee B

e Bu

Capi

tal F

a

ount

y Sc

hool

Fa

Rese

rve

for

nd In

tere

st &

Re

Tax

O

Self-

Ins

9

R Co Bon

Beginning Ending

2006/07


Agenda

Introduction




Other Comparisons

Conclusions

10

2006/07


Summary of Resources


Summary of Resources

Beginning Contributions & EndingR B l R E dit T f I / (O t) B lResources Balances Revenues Expenditures Transfers In / (Out) Balances

Unrestricted 51,808,368$ 790,624,233$ 677,304,060$ (112,240,919)$ 52,887,622$ Special Education 23,122 145,041,553 231,736,317 86,671,642 - TIIBG 15,047,197 77,929,292 72,456,672 (11,689,394) 8,830,423 Title I - 45,813,135 45,813,135 - - EIA: Limited English Proficiency 4,567,392 20,881,633 15,215,214 (3,582,839) 6,650,972 After Schl Ed. & Safety Trans Grt NEW 15,555,249 15,555,249 - - School-Based Coordination Prog 5,005,167 - 11,376,730 9,922,330 3,550,767 One Time Arts, Music, PE Grant NEW 9,383,395 - - 9,383,395 Title II, No Child Left Behind - 8,796,186 8,796,186 - - , , , , ,Master Plan for Instr Matls 15,312,314 7,891,469 1,557,952 - 21,645,831 Regional Occupational Program - 7,634,758 7,634,758 - - Discretionary Block Grant/Schools NEW 7,060,259 3,388,037 - 3,672,222 All Other 15,595,998 88,290,748 85,803,447 2,333,903 20,417,202

Totals 107,359,558$ 1,224,901,910$ 1,176,637,757$ (28,585,277)$ 127,038,434$

11

2006/07


Summary of Revenues


Summary of Revenues($’s in millions)

Special Education

$145 1 (12%)

Unrestricted$790.6 (65%)

TIIBG$77.9 (6%)

$145.1 (12%)

Exhibit A$77 2 (6%)

Title I$45.8 (4%)

Exhibit A RevenuesEIA: Limited English Proficiency 20.9$ After Schl Ed. & Safety Trans Grt 15.5 One Time Arts, Music, PE Grant 9.4 Title II, No Child Left Behind 8.8

All Other$88.3 (7%)

$77.2 (6%)Master Plan for Instr Matls 7.9 Regional Occupational Program 7.6 Discretionary Block Grant/Schools 7.1 Totals 77.2$

12Totals: $1,224.9

2006/07


General Fund – Resource Comparison

2005/06 vs. 2006/07 Revenues

Resources 2005/06 2006/07 ChangesU t i t d 637 690 305$ 706 968 591$ 69 278 286$Unrestricted 637,690,305$ 706,968,591$ 69,278,286$ Special Education 211,607,830 231,713,195 20,105,365 TIIBG 62,606,786 66,239,898 3,633,112 Title I 55,597,438 45,813,135 (9,784,303) EIA: Limited English Proficiency 8,227,976 17,298,794 9,070,818 After Schl Ed. & Safety Trans Grt - 15,555,249 15,555,249 School-Based Coordination Prog 10,091,437 9,922,330 (169,107) One Time Arts, Music, PE Grant - 9,383,395 9,383,395One Time Arts, Music, PE Grant 9,383,395 9,383,395 Title II, No Child Left Behind 8,383,894 8,796,186 412,292 Master Plan for Instr Matls 7,320,486 7,891,469 570,983 Regional Occupational Program 7,338,050 7,634,758 296,708 Di ti Bl k G t/S h l 7 060 259 7 060 259Discretionary Block Grant/School - 7,060,259 7,060,259 All Other 90,828,506 90,624,651 (203,855)

Totals 1,099,692,708$ 1,224,901,910$ 125,209,202$

13

2006/07


2005/06 2006/07 R

General Fund – Resource Comparison

2005/06 vs. 2006/07 Revenues

$800 000 000Mandate

$500 000 000

$600,000,000

$700,000,000

$800,000,000 Revenue

$

$300,000,000

$400,000,000

$500,000,000

New6x6

Program Growth

$0

$100,000,000

$200,000,000

cted ial

tion

IBG

tle I

mite

dsh nc

y

d. & Grt

ased tion

Arts

,ra

nt

, No

Left

nd for

ls al onal

m nary

hool

Oth

er

New Grant

New Grant

Replacement Grant

Unr

estri

c

Spec

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ucat

TII

Tit

EIA

: Lim

Engl

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ofic

ien

Afte

r Sch

l Ed

Safe

ty T

rans

Scho

ol-B

aCo

ordi

nat

Prog

One

Tim

e A

Mus

ic, P

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r

Title

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Child

LBe

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Mas

ter P

lan

Instr

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ona

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Disc

retio

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ock

Gra

nt/S

c h

All

O

2005/06 2006/07

14

2005/06 2006/07

2006/07


Agenda

Introduction




Other Comparisons

Conclusions

15

2006/07


General Fund – Major Account Comparisons

Summary of Major Expenditure Accounts

MajorA D i i A AAccount Descriptions Accounts Amounts

Certificated Personnel Salaries 1000 543,594,499$ Cl ifi d P l S l i 2000 197 531 365Classified Personnel Salaries 2000 197,531,365 Employee Benefits 3000 250,422,747 Books and Supplies 4000 51,489,930 S i d Oth O ti E dit 5000 86 076 549Services and Other Operating Expenditures 5000 86,076,549 Capital Outlay 6000 741,606 Other Outgo & Uses 7000 46,781,060

Sub-Totals 1,176,637,757$

Transfers Out 39,298,116

T t l 1 215 935 873$

16

Totals 1,215,935,873$

2006/07


Summary of Major Expenditure Accounts


Summary of Major Expenditure Accounts($’s in millions)

Classified Personnel Salaries

$197.5 (16%)

Employee Benefits

Certificated Personnel Salaries

Books & S li

Benefits$250.4 (21%)

Salaries$543.6 (45%)

Services &

Supplies$51.5 (4%)

Other Outgo & Uses

$46.8 (4%)

Transfers Out$39.3 (3%)

Other Operating Expenditures$86.1 (7%)

17

Totals: $1,215.2

2006/07


2005/06 2006/07 E dit


2005/06 vs. 2006/07 Expenditures

MajorAccount Descriptions Accounts 2005/06 2006/07 Changes

Certificated Personnel Salaries 1000 507,279,935$ 543,594,499$ 36,314,564$ Cl ifi d P l S l i 2000 177 287 605 197 531 365 20 243 760Classified Personnel Salaries 2000 177,287,605 197,531,365 20,243,760 Employee Benefits 3000 239,001,355 250,422,747 11,421,392 Books and Supplies 4000 88,522,816 51,489,930 (37,032,887) Services and Other Operating Expenditures 5000 52,793,812 86,076,549 33,282,737 Capital Outlay 6000 154 537 741 606 587 069Capital Outlay 6000 154,537 741,606 587,069 Other Outgo & Uses 7000 41,513,945 46,781,060 5,267,115

Sub-Totals 1,106,554,006$ 1,176,637,757$ 70,083,751$

Transfers Out 6,535,735 39,298,116 32,762,381 , , , , , ,

Totals 1,113,089,741$ 1,215,935,873$ 102,846,132$

18

2006/07




$600 000 000

$

$500,000,000

$600,000,000Salary

Maintenance & Increase

$300,000,000

$400,000,000

$100,000,000

$200,000,000

Services Reclass

Maintenance Contracted

Services Reclass

$0CertificatedPersonnelSalaries

ClassifiedPersonnelSalaries

EmployeeBenefits

Books andSupplies

Services andOther

OperatingExpenditures

Capital Outlay Other Outgo & Uses

Transfers Out

19

Expenditures

2005/06 2006/07

2006/07


Agenda

Introduction




Other Comparisons

Conclusions

20

2006/07

Unaudited Actuals2006/07Function Comparison

All F d

Other Comparisons

All Funds2005/06 vs. 2006/07 Expenditures

MajorFunction Descriptions Function 2005/06 2006/07 Changes

Instruction 1000 662,000,627$ 701,020,177$ 39,019,550$ Instruction - Related Services 2000 167,943,521 168,155,371 211,851Instruction Related Services 2000 167,943,521 168,155,371 211,851 Pupil Services 3000 152,040,284 171,515,581 19,475,297 Ancillary/Athletics Services 4000 2,730,752 1,871,871 (858,881) Community Services 5000 295,555 267,943 (27,612) Enterprise 6000 33 392 771 35 206 477 1 813 705Enterprise 6000 33,392,771 35,206,477 1,813,705 General Administration 7000 50,852,989 61,366,662 10,513,673 Plant Services 8000 351,752,040 353,729,195 1,977,155 Other Outgo 9000 151,017,784 438,474,167 287,456,383

Sub-Totals 1,572,026,323 1,931,607,444 359,581,121 Transfers Out 20,674,681 80,010,956 59,336,275

Totals 1,592,701,004$ 2,011,618,399$ 418,917,396$

21

2006/07


Function Comparison

Other Comparisons

Function ComparisonAll Funds


$500 000 000$600,000,000$700,000,000$800,000,000 Refunding

of Prop MM Bonds

$0$100,000,000$200,000,000$300,000,000$400,000,000$500,000,000

$0

Inst

ruct

ion

Inst

ruct

ion

-la

ted

Ser

vice

s

Pup

il S

ervi

ces

cilla

ry/A

thle

tics

Ser

vice

s

Com

mun

ityS

ervi

ces

Ent

erpr

ise

Gen

eral

Adm

inis

tratio

n

Pla

nt S

ervi

ces

Oth

er O

utgo

Tran

sfer

s O

ut

Re P

Anc A P

2005/06 2006/07

22

2006/07


Selected Programs

Other Comparisons

Selected Programs 2005/06 vs. 2006/07 Expenditures

Programs 2005/06 2006/07 ChangesCareer & Technical Education 9,029,781$ 9,478,069$ 448,288$ EIA: Limited English Proficiency 14 137 668 21 145 130 7 007 462EIA: Limited English Proficiency 14,137,668 21,145,130 7,007,462 GATE 8,162,221 8,967,795 805,574 Instructional Material 10,444,439 7,982,452 (2,461,987) Restricted Maintenance 66 527 303 67 781 996 1 254 693Restricted Maintenance 66,527,303 67,781,996 1,254,693 School-Based Coordination Prog 9,520,363 11,376,730 1,856,367 Special Education 211,584,753 231,736,317 20,151,564

T l 329 406 528$ 358 468 489$ 29 061 961$Totals 329,406,528$ 358,468,489$ 29,061,961$

23

2006/07


Selected Programs

Other Comparisons

Selected Programs2005/06 vs. 2006/07 Expenditures

$200,000,000

$250,000,000

$50 000 000

$100,000,000

$150,000,000

$0

$50,000,000

Career &TechnicalEducation

EIA: LimitedEnglish

Proficiency

GATE InstructionalMaterial

RestrictedMaintenance

School-BasedCoordination

Prog

SpecialEducation

Education Proficiency Prog

2005/06 2006/07

24

2006/07

Unaudited Actuals2006/07Contributions & Transfers In/(Out)

G l F d

Other Comparisons

General Fund2005/06 vs. 2006/07

Resources 2005/06 2006/07 ChangesResources 2005/06 2006/07 Changes

Unrestricted (80,544,345)$ (112,240,919)$ (31,696,574)$ Special Education 75,558,132 86,671,642 11,113,510 TIIBG (11 036 059) (11 689 394) (653 335)TIIBG (11,036,059) (11,689,394) (653,335) EIA: Limited English Proficiency (4,606,583) (3,582,839) 1,023,744 Ongoing And Major Maintenance 15,000,573 12,933,643 (2,066,930) School-Based Coordination Prog 10,091,074 9,922,330 (168,744) Community Day Schools 786,941 1,424,141 637,200 Gifted And Talented (29,610) (22,905) 6,705 Home To School Transportation (2,717,887) (2,885,514) (167,627) Prof Development Block Grant - (1 215 743) (1 215 743)Prof Development Block Grant (1,215,743) (1,215,743) Sch & Lib Imp Block Grant (8,231,486) (7,899,719) 331,767 Title V Instr Block Grant 508,316 - (508,316) Natnl Board Cert Teacher Incentive 7,586 - (7,586)

25

Totals (5,213,348)$ (28,585,277)$ (23,371,929)$

2006/07

Unaudited Actuals2006/07Contributions & Transfers In/(Out)

Other Comparisons

General Fund2005/06 vs. 2006/07

$20 000 000$40,000,000$60,000,000$80,000,000

$100,000,000

($80 000 000)($60,000,000)($40,000,000)($20,000,000)

$0$20,000,000

($120,000,000)($100,000,000)

($80,000,000)

estri

cted

Spec

ial

duca

tion

TIIB

G

EIA/

ELL

nten

ance

h-Ba

sed

ord

Prog

omm

unity

Day

Sch

GAT

E

Hom

e To

ch T

rans

Prof

Dev

Bloc

k G

rt

Sch

& Li

bm

p Bl

ock

Grt

Title

V

NBC

Tnc

entiv

e

Unr

S Ed

Mai

n

Sch

Coo Co D H Sc P B S Im I

2005/06 2006/07

26

2006/07

Unaudited Actuals2006/07Transfers In/(Out)

Other Comparisons

( )All Other Funds

2005/06 vs. 2006/07

Resources 2005/06 2006/07 Changes

Child Development Fund 200,000$ 1,892,916$ 1,692,916$ p , , , , ,Cafeteria Fund - 533,766 533,766 Pupil Trans Equip Fund - 2,500,000 2,500,000 Reserve for Non-Capital Fund - 27,922,140 27,922,140 pRetiree Benefits Fund (378,305) (87,826) 290,479 Capital Facilities Fund - (2,081,858) (2,081,858) Reserve for Capital Fund (404,878) (335,508) 69,370 Tax Override Fund - (6,554,884) (6,554,884) Self-Insurance Fund 5,796,531 4,796,531 (1,000,000)

Totals 5 213 348$ 28 585 277$ 23 371 929$

27

Totals 5,213,348$ 28,585,277$ 23,371,929$

2006/07

Unaudited Actuals2006/07Transfers In/(Out)

Other Comparisons

All Other Funds2005/06 vs. 2006/07

$20 000 000

$25,000,000

$30,000,000

Mandate Reserve

$5,000,000

$10,000,000

$15,000,000

$20,000,000

School Bus Replacement Supplement

Restricted Maintenance

Consolidation in General

Fund

($10,000,000)

($5,000,000)

$0

nt a s or al e s l s or e e

Chi

ldD

evel

opm

e n

Caf

eter

ia

Pupi

l Tra

nEq

uip

Res

erve

foN

on-C

apita

Ret

iree

Bene

fit

Cap

ital

Faci

litie

Res

erve

foC

apita

l

Tax

Ove

rrid

Self-

Insu

ranc

28

2005/06 2006/07

2006/07


ConclusionsConclusions

Experienced Significant Revenue Growth … One Time Categoricals & Mandate Revenue

I d S b t ti l P MM E ditIncurred Substantial Prop MM Expenditures

Supported Continuing Special Education Growth

Used Contributions Transfers to Offset Deficits

Closed with Large Restricted Balance Carry-Over

Recommend Approval of 2006/07 Unaudited Actuals

29

Documents

SAN DIEGO UNIFIED SCHOOL DISTRICTold.sandi.net/board/reports/2007/0911/7d_powerpoint.pdf · SAN DIEGO UNIFIED SCHOOL DISTRICT Unaudited Actuals Financial ReportUnaudited Actuals Financial