Local Control Funding Formula Lake Elsinore Unified School District 2015/2016

Base Revenue Limit History Expected Income Actual Income 77.7 cents on the dollar Describing expected income per ADA within the Revenue Limit Calculation compared to actual funding being received during the Recession. 4/18/2019

The LCFF Model 2013-14 2020-21 $10,223 Total Funding $15 billion Funding Gap if fully funded today With LCFF Supplements $6,922 Undeficited BRL $6,494 (Total Funding) $5,380 (Funded BRL) 2013-14 2020-21 4/18/2019

LCFF: Base Grant Entitlement Calculation 2020/2021 Target Entitlement Calculation Based on the target of full funding Factors TK-3 4-6 7-8 9-12 2016-17 Base Grant per ADA $7,116 $7,223 $7,438 $8,578 COLA @ 0.47% $33 $34 $35 $40 Base grants – 2016-17 $7,149 $7,257 $7,473 $8,618 The LCFF is an 8 year target funding plan that began in 2013-2014 and is expected to be implemented by 2020-2021. 4/18/2019

LCFF: K-3 CSR & CTE Adjustments K-3 CSR and 9-12 Career-Technical Education (CTE) Grade Span Adjustments are additions to the base grant Factors TK-3 4-6 7-8 9-12 Base grants – 2016-17 $7,149 $7,257 $7,473 $8,618 Adjustment percentage 10.3%CSR - 2.6% CTE Adjustment amount $740 $224 Adjusted grant per ADA $7,889 $8,842 CTE is unrestricted—CSR requires progress toward maximum site average of 24 students by 2021. The District has a negotiated agreement with LETA for 26:1 for TK-3 classrooms. 4/18/2019

LCFF: Supplemental and Concentration Grants Per LEUSD’s Unduplicated Percentage – 66% Supplemental and concentration grant increases are calculated based on the percentage of total enrollment accounted for by English learners, low socio-economic students, and foster youth. Factors TK-3 4-6 7-8 9-12 Adjusted grant per ADA $7,889 $7,257 $7,473 $8,842 20% Supplemental grant $1,571 $1,445 $1,488 $1,768 50% Concentration grant (for eligible students exceeding 55% of enrollment) $3,928 $3,612 $3,719 $4,516 % of Unduplicated Count 0.66 % of Supplemental grant $1,037 $954 $982 $1,167 % of Concentration grant (66%-55%) (11% x grant) $432 $397 $409 $497 Projected Grade Span for LEUSD by 2021 $9,358 $8,878 $8,864 $10,506 4/18/2019

Grade Span Funding Levels 2020/2021 (estimate purposes only assuming full funding) Description K-3 4-6 7-8 9-12 Totals Projected Grade Span by 2021 $9,358 $8,878 $8,864 $10,506 Projected 2016/2017 ADA 6,462 4,805 3,071 6,368 Projected Target Funding $60,471,396 $42,658,790 27,221,344 $66,902,208 $197,253,738 Projected Actual Funding for 2016/2017 $176,355,845 Difference in Target vs. Actual* (AKA – Gap) $ 20,897,893 Projected 2016/2017 Gap Funding % 49.08% Gap Funding % x Gap Difference $ 10,256,685 State Owes LEUSD $ 10,641,208 LEUSD Full Implementation Funding Level 89% The Gap amount will increase annually due to State mandated increases built into the formula. 4/18/2019