1. 2017-18 Budget Santa Paula Unified School District
June 14, 2017

2. Budget Assumptions: Cola: 1.56% LCFF Gap Funding Rate: 43.97%
LCFF Minimum % (MPP): % ($12,561,504)
Enrollment: 5, ( = 5,454)
ADA: 5, ( = 5,245.37)
Funding is based on current or prior year, whichever is higher
Unduplicated Students: 4,621 =85.6% ( = 4,673 =85.63%)
Consumer Price Index CPI: 3.11%
Applied to the cost of services and supplies
PERS Employer Rate: % ( = %)
STRS Employer Rate: % ( = 12.58%)

3. Budget Assumptions (continued):
Funding of Routine Restricted Maintenance: 3.0%
Funding of Deferred Maintenance: 0.5% of General Fund Expenditures
Special Education: % COLA
Growth in ADA requiring +2.0 FTE
Health & Welfare: Budgeted at negotiated cap
One Time Funding: $0
Governor’s May Revision includes language about $170/ADA, but this will not be determined until MAY 2019, and can’t be budgeted in 2017/18
Staffing:
Reduction in K-5 staff due to decline in enrollment 8.0 FTE
New LCAP positions budgeted (CTE Coordinator, STEAM TOSA’s (2), Literacy TOSA, .5 FTE Music, 2.0 FTE Math Teachers (IMS, SPHS), Classified 1.0 FTE Athletic Trainer

4. Summary of General Fund:
Ending Fund Balance
Unrestricted
General Fund
Restricted
Proposed
Budget
Beginning Balance
$14,094,981
$796,079
$14,891,060
Revenues
$50,932,730
$12,451,113
$63,383,843
Expenditures
$52,428,905
$12,853,637
$65,282,542
$12,598,806
$393,555
$12,992,361
The proposed general fund unrestricted budget has revenues that exceed expenditures by $1,496,175 due to the budgeting of the ELA textbook adoption.
The funds are available from the budget for one-time funds for the textbooks, but not reflected yet in the Beginning balance.
Negotiations for have not started, and potential adjustments are not reflected in the proposed budget

5. Revenue Estimates: Gap Funding 43.97% - 97% of target Cola (1.56%)
NO One Time Funding
Federal Revenues – Decrease to Title I funds
Potential carryover is not budgeted until the books are closed (September)
LCFF Sources
$55,009,927
Federal Revenue
$ 3,056,716
Other State Revenue
$ 2,252,188
Other Local Revenue
$ 3,065,012
TOTAL REVENUES
$63,383,843

6. LCFF Revenue Increases:
Growth in LCFF Entitlement per ADA
Funded ADA
5,342.20
5,266.87
Estimated LCFF Sources per ADA
$ 10,212.29
$ 10,501.48
Net Change per ADA $ $
Net Percent Change
6.64%
2.83%
Per Pupil funding will rise by 2.83%, or $
Total Increase = $753,855
Growth in Base funding= $379,949
Growth in Supplemental/Concentration =
$373,906 and must be supported by actions/services in the LCAP

7. General Fund Expenditures:
Certificated Salaries
$28,266,993
Classified Salaries
$10,041,079
Employee Benefits
$14,175,924
Books and Supplies
$4,864,713
Services and other operating Expenses
$6,598,718
Capital Outlay
$194,000
Other Outgo
$1,141,115
Total, General Fund, Expenditures
$65,282,542
Increased cost due to Step/Column Movement
Increased cost of new positions budgeted
Increased cost of STRS and PERS rate increases
H/W budgeted at currently contracted District contribution rate
Increased Supplies and Services funding by CPI index
Budgeted Adoption of materials, $1,400,000 (ELA)
Budgeted planned Actions and Services in draft LCAP 

8. Specific reasons for a higher reserve are as follows:
Specific reasons for a higher reserve are as follows:
Board Fund Balance Policy requiring available reserves of at least 17%: $9,139,556
Set aside for future textbook/materials adoption NGS, English: $1,000,000
Set aside for unfunded start-up costs for East Area 1 K-8 school: $500,000
OPEB Retiree Obligations (one year): $523,736
Estimated Unused, but earned Vacation: $413,890
Contract Negotiations for not settled, costs to be determined: TBD

9. Multi-Year Projection Factors
Annual COLA
1.56%
2.15%
2.35%
LCFF Gap Closed Percentage
43.97%
71.53%
73.51%
CPI
3.11%
3.19%
2.86%
Impact of STRS and PERS Increases in Two Out Years
$ Increase % Incr $ Increase % Incr.
STRS: $506, % $506, %
PERS: $255, % $268, %
Total: $762, $775,340
Assumptions Used in MYP:
*Step and Column
*STRS/PERS Increases
*One time Revenue and Expenditures removed
*Enrollment Projection from DecisionInsite, Conservative Model
Enrollment/ADA
Total Projected Enrollment
5,397
5,355
5,368
Total Unduplicated Pupil Count
4,621
4,583
4,591
Projected ADA:
5,138.86
5,089.15
5,100.55
Funded ADA:
Better this yr./last yr.
 (includes COE students)
5,266.87
5,159.36
5,120.05

10. Multi-Year Projection: General Fund
Adopted Multi-Year Projection
Santa Paula Unified School District
Year:
Funded ADA
5,266.87
5,159.36
5,120.05
Total Revenues
63,383,843
64,511,533
65,909,814
Total Expenditures
65,282,542
65,012,681
66,639,468
Increase/Decrease in Fund Balance
-1,898,699
-501,148
-729,654
Beginning Fund Balance
14,891,060
12,992,361
12,491,213
Ending Balance
11,761,559
Non-spendable (Inventory and Prepaid)
6,500
Reserve for Economic Uncertainties
1,958,476
1,950,380
1,999,184
Unassigned
8,073,902
8,580,850
7,802,392
Assigned
2,559,928
1,559,928
Restricted
393,555

11. Summary / Questions?