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Second Interim Budget
2018-19
March 5, 2019
2018-19 General FundSecond Interim Budget Assumptions
• Local Control Funding Formula
• COLA remains at 3.70%
• Gap funding at 100%
• Unduplicated pupil count remains at 47.91%
• Projected ADA increased to 51,166
• Federal, State and Local revenues updated
• One-time entitlements and mandates
• Increase of Routine Repair Maintenance
contribution
1
2018-19 Second Interim BudgetProjected Revenues
2018-19 First Interim vs
Second Interim
VarianceAdopted
Budget
First Interim
Budget
Second Interim
Budget
LCFF $468.2M $472.5M $472.2M ($0.3M)
Federal
Income$21.3M $24.6M $26.4M $1.8M
State Revenue $91.0M $84.2M $88.0M $3.8M
Local Revenue $2.0M $7.2M $7.2M -
Transfers In - - - -
Total $582.5M $588.5M $593.8M $5.3M
*Numbers in millions
2
2018-19 Second Interim BudgetProjected Expenditures
2018-19 First Interim vs
Second Interim
VarianceAdopted BudgetFirst Interim
Budget
Second Interim
Budget
Certificated Salaries $290.3M $294.3M $296.8M $2.5M
Classified Salaries $77.6M $77.8M $77.3M ($0.5M)
Employee Benefits $126.9M $130.5M $130.0M ($0.5M)
Books & Supplies $21.8M $32.5M $31.6M ($0.9M)
Services & Other
Operating$60.2M $64.9M $68.4M $3.5M
Capital Outlay $0.6M $0.5M $0.5M -
Indirect Costs ($1.0M) ($1.0M) ($1.0M) -
Transfers Out/ Other
Outgo$1.8M $1.8M $1.8M -
Total *$578.2M ◊$601.3M ‡$605.4M $4.1M
*Numbers in millions
3
* Includes: $2.0M increased Special Ed
costs over prior year.
◊ Includes: Additional $4.0M increased Special Ed costs over adopted budget.
• 0.97% salary increase per formula true up
• 2017-18 carry-over
‡ Includes additional $1M SPED costs over 1st interim
Multi-Year Budget Assumptions2019-2020
• Local Control Funding Formula
• COLA increases to 3.46%
• Zero gap funding – LCFF fully implemented
• Unduplicated pupil count remains at 48.69%
• Projected ADA decline of 100
• Federal, State and Local revenues
• Adjustments for one-time entitlements and
mandates
4
Multi-Year Projections2019-2020
• Decrease of 13 FTE (Certificated and Classified)
• Step and column advancement
• Increase of STRS and PERS
• Increase of student LCAP supplemental services
• Increase of utilities and contracted services
5
Multi-Year Projections2019-2020
• Increase of transportation services cost
• Restoration of Routine Repair
Maintenance contribution to 3%
• Increase of Special Ed contribution
6
Multi-Year Projections2020-2021
• Local Control Funding Formula
• COLA increases to 2.86%
• Zero gap funding – LCFF fully implemented
• Unduplicated pupil count at 48.70%
• Projected ADA decline of 100
• Adjustment of Federal, State, and Local
revenues
7
Multi-Year Projections2020-2021
• Decrease of 4 FTE (Certificated and
Classified)
• Step and column advancement
• Increase of STRS and PERS
• Increase of student LCAP supplemental
services
• Increase of utilities and contracted services
8
Multi-Year Projections2020-2021
• Increase of transportation services cost
• Increase of Routine Repair Maintenance contribution
• Increase of Special Ed contribution
9
Base Growth$479
Base Growth$288 Base Growth
$241
Base Growth$253
SC Growth$187
SC Growth$56
SC Growth$48
SC Growth$50
Step & Column$146
Step & Column$148
Step & Column$150
Step & Column$152
CalSTRS Increase$145
CalSTRS Increase$65
CalSTRS Increase$81
CalPERS Increase $51
CalPERS Increase $54 CalPERS Increase $56
CalPERS Increase $31
Special Education Contribution
? Special Education Contribution
?
Special Education Contribution
?Special Education
Contribution?
$0
$100
$200
$300
$400
$500
$600
$700
LCFF Growth Revenues3.7% COLA + Gap Funding
Expenditures LCFF Growth Revenues3.46% COLA
Expenditures LCFF Growth Revenues2.86% COLA
Expenditures LCFF Growth Revenues2.92% COLA
Expenditures
2018-19 2019-20 2020-21 2021-22
$666
$343
$288 $303
Per-ADARevenues vs. Expenditures
CNUSD Contribution $67.4M $73.5M $79.2M $84.2M
Multi-Year Projections Budget Summary
2018-19 2019-20 2020-21
Adopted BudgetFirst Interim
Budget
Second Interim
Budget
Projected
Budget
Projected
Budget
Total Revenues $582.5M $588.5M $593.8M $600.4M $614.1M
Total Expenditures $578.2M $601.4M $605.4M $616.0M $632.3M
Excess (Deficiency) of
Revenues Over
Expenditures$4.3M ($12.9M) ($11.5M) ($15.6M) ($18.2M)
Interfund Transfers-In - - - - -
Interfund Transfers-Out $0.3M $0.3M $0.3M $0.3M $0.3M
Net Increase/(Decrease) $4.0M ($13.3M) ($11.8M) ($15.9M) ($18.5M)
Beginning Balance $69.4M $69.4M $69.4M $57.5M $41.5M
Ending Balance $73.4M $56.1M $57.6M $41.6M $23.0M
2% Contingency
Restricted Assigned $11.6M $12.0M $12.1M $12.3M $12.6M
*Numbers in millions
12
Other Funds
2018-19
Approved
Beginning Fund
Balance
Revenues
+/-
Expenditures
+/-
Projected
Ending Fund
Balance
Adult Education Fund $1.9M $2.8M ($2.9M) $1.8M
Child Development Fund - $0.1M ($0.4M) -
Child Nutrition Fund $2.0M $20.9M ($20.9M) $2.0M
Building Fund $94.2M $0.57M ($67.0M) $28.0M
Capital Facilities Fund $0.8M $16.5M ($16.1M) $1.9M
Self Insurance Fund $7.9M $5.0M ($3.1M) $9.8M
*Numbers in millions
14
