1. Las Cruces Public Schools Report on Financial Condition As of December 31, 2011

2. Revenue Position Operational SEG = $164,983,991 Program units = 46,234.211 Initial unit value $3,585.97 Unit Value increased by $12.90 SEG Increase $618,041.53 Total Budgeted Revenue = $166,643,364 Received = $83,631,881 (50%)

3. Revenue Position * Comment sizing is an analytical tool that is used when comparing two data points that have a wide range in value. The common size factor is computed by dividing the selected value for each year by the base year. Once the data points are common sized, a meaningful analysis of the data points may be completed. We elected to use 2008 as the base year.

4. Cash Position Operational Cash/Investment Balances by Month As of December 31, the FY 2012 cash position is $1.3 million less than FY 2011

5. Cash Position

7. Expenditure Analysis Expenditure Comparison as of December 31

8. Expenditure Analysis Expenditure Comparison as of December 31

9. Expenditure Analysis Salaries Encumbrances are in the system Overall, budget appears adequate

10. Expenditure Analysis Total Sub cost – experiencing 4% increase over FY 2011

11. Expenditure Analysis Sick leave sub cost– Experiencing 20% increase over FY 2011

12. Expenditure Analysis Total sub cost projection

13. Expenditure Analysis Electricity Usage Trend Overall consumption is down.

14. Expenditure Analysis Electricity Costs Trend EPEC Rate Restructure Las Cruces electricity rates are comparable to those in California. Realized cost is up 28% since 2009.

15. Expenditure Analysis Utilities Projected costs within current budget.

16. Expenditure Analysis Legal Costs Within budget allocation History of legal costs

17. Expenditure Analysis Legal Costs

18. Expenditure Analysis Other issues SEG Increase in unit value = $12.90 (.36%) Total increase = $618,041.53 Budget Savings Legal Costs Utility Costs?

19. 2011-12 Budget Summary Substitutes Projected expenditures exceed budget by $204,000. Supplement Student Transportation - $958,567 Supplement Title XX - $100,000 Initial cash balance projection for June 30, 2012 is $5.5 million. Cash is projected to decrease by $1.2 million from FY 11.