Campbell Union High School District By Artist: Harry Brooker Campbell Union High School District Board Review First Interim Report 2016-2017 December 8,2016

Overview Purpose of First Interim Report First Interim Report Certification Review First Interim Report General Fund Overall Revenue and Expenditure Differences Multiyear Projections District Reserves All Other Funds Upcoming Budget Events

Purpose The purpose of the First Interim is to present changes from the July 1st Adopted Budget Reporting Period July 1 thru October 31, 2016 4 Months

POSITIVE CERTIFICATION DISTRICT WILL RECEIVE POSITIVE CERTIFICATION The district has the 6% reserve in the current year and two subsequent fiscal years, 2018-2019 and 2019-2020

Overall Revenue Differences

Explanation of Differences-Revenue Property Tax Revenue Increase $816,433 Federal Funding Overall Decrease -$44,489 Special Education Discretion Discretionary Grant Reduction, Vocational and Applied Technology Ed State Funding Decrease -$960,373 Mandated Cost Reimbursement, Career Technical Education Incentive Other Local Income -$266,597 Reduction in Local Revenue and Leases and Rentals Total: -$455,026

Overall Expenditure Differences

Explanation of Differences-Expenditures Cost Shifts Between Certificated and Classified - $328,469 Reclassification of staff net savings Over projection of estimated H&W benefits cost -$1,608,546 Decrease in Books and Supplies -$ 994,130 Textbook Adoption Cost Transferred to Mandated Cost One time Funds Increased Operating Expenses $1,016,186 Repairs, Legal Expenses, Insurance Cost QTEL and Expansion of Professional Development Capital Outlay -$ 104,933 Moved to Capital Improvement Fund 400 Other Outgo -$ 204,127 Indirect Cost from Adult Ed Fund -$ 249,777 Transfers Out Only to Food Services -$ 1,169,653 Total -$3,643,449

MULTIYEAR PROJECTIONS Current Year Budget Assumptions Tax Revenue Projection Increase 6.7% Average Daily Attendance 7399.26 Certificated Staff -Added 5 FTE College and Career Personnel -Added 5 FTE Classified Management – Added 2 FTE Certificated Management – Added 1 FTE Includes 6% Salary Increase for CHSTA and CSEA Includes H&W benefits District Increased Contribution Includes Step & Column for both Certificated 1.52% and Classified 2.52% Staff Includes STRS 12.58% and PERS 20.05% Increase in Contribution District Reserve 6.27%

MULTIYEAR PROJECTIONS, continued 2017-2018 Budget Assumptions Tax Revenue Projection of 5% Average Daily Attendance 7399.26 Includes 4 Certificated FTE Includes Step & Column for both Certificated 1.52% and Classified 2.52% staff Includes increase in STRS 14.43% and PERS contributions 23.6% District Reserve 6.09%  

MULTIYEAR PROJECTIONS, continued  2018-2019 Budget Assumptions   Tax Revenue Projection Increase 5% Average Daily Attendance 7399.26 Includes Step & Column for both Certificated 1.52% and Classified 2.25% staff Includes Increase in STRS 16.28% and PERS 25.2% contributions District Reserve 6.00%

District Reserves 2016-2017 Beginning Fund Balance $ 12,654,314 2016-2017 Increase in Fund Balance 3,139,810 2016-2017 Projected Ending Fund Balance $ 15,794,124 Designation (Parcel Tax & Restoration and Exp.) $ 10,066,096 Reserve 6.27% $ 5,728,028 2017-2018 Beginning Fund Balance $ 15,794,124 2017-2018 Increase in Fund Balance 861,954 2017-2018 Projected Ending Fund Balance $ 16,656,078 Designation (Parcel Tax & Restoration and Exp.) $ 10,959,902 Reserve 6.09% $ 5,696,176 2018-2019 Beginning Fund Balance $ 16,656,078 2018-2019 Projected Ending Fund Balance 1,017,053 2018-2019 Projected Ending Fund Balance $ 17,673,131 Designation (Parcel Tax & Restoration and Exp.) $ 11,756,895 Reserve 6.00% $ 5,916,236

Upcoming Budget Events January Governor announces 2017-2018 Budget Plan Board Adopts 2017-2018 Budget Development Calendar Jan – Feb Prepare Enrollment and Staffing Projections for 2017-2018 School Year March – May Work with LCAP groups to prepare 2017-18 budget June Present 2017-2018 Budget to Board for Adoption

Board Questions