2019-20 Budget Adoption Public Hearing May 20, 2019 Adoption June - PowerPoint PPT Presentation

2019-20 Budget Adoption Public Hearing – May 20, 2019 Adoption – June 27, 2019 Etiwanda School District

19-20 Budget Assumptions o LCFF Estimated @ 13,475 ADA o LCFF Est. Prior Year Guarantee @ 13,724 o ADA Estimated @ 96% Attendance Rate o 13,958 Estimated Enrollment o Percent of Decrease in Enrollment -0.96% o Unduplicated three year average = 42.78%  STRS – 17.10% (plus 0.82%); PERS – 20.733% (plus 2.671%)  Zero Mandated Cost One-Time Funds  Added 4 Teachers as calculated per Grade Span Adjustment  Maintained LEA-Medical Billing Option Program  Added Low Performing Student Block Grant  Maintained RDA Budget

Expenditures Revenues Certificated Salaries LCFF Funding Sources Classified Salaries Federal Revenues Employee Benefits State Revenues Book and Supplies Local Revenues/Transfers In Services,Other Operating Expenses Capital Outgo/Direct Support/Transfers Out 7% 3% 10% 3% 4% 10% 45% 23% 80% 15%

Projected Years - Budget Assumptions 2020-2021 2021-2022 • • LCFF Prior Year P-2 Guarantee LCFF Prior Year P-2 Guarantee 13,030 13,474 • • Estimated ADA 12,646 Estimated ADA 13,030 • • Estimated Enrollment 13,096 Estimated Enrollment 13,496 • • Declining Enrollment -2.96% Declining Enrollment -3.31% • • Unduplicated Count 42.40% Unduplicated Count 42.40% • • Certificated Step & Column 1.2% Certificated Step & Column 1.2% • • Classified Step 2.1% Classified Step 2.1% • • Increase in STRS 1% & PERS 2.7% Increase in STRS (-1%)% & PERS 1.1% • Declining Enrollment 15 Positions • • Declining Enrollment 10 Positions Increasing Cost in Contributions • Increasing Cost in Contributions

2019-2020 Multi-Year Projection 2019-2020 2020-2021 2021-2022 Beginning Fund Balance 25,306,876 20,702,392 15,911,828 Revenue 151,813,010 152,382,937 151,553,915 Expenditures 154,995,241 155,440,497 156,582,531 Assigned Ending Fund Balance 5,988,357 5,150,645 4,894,356 Unassigned Ending Fund Balance 14,714,035 10,761,183 4,566,603 Percent of Expenses for: Unassigned Ending Fund 9.5% 6.9% 2.9%

Paving the Road to Success Next: NEXT: Close the 2018-2019 Books Report on or before September 13