1. Golden Plains Unified School District
2015/2016 Unaudited Actuals
Golden Plains Unified School District

2. Local Control Funding Formula
Base Funding Calculation
Grade Span
Base Grant
CSR Add-On
CTE Add-On
Total Base
K-3
$7,083
$737
$7,820
4-6
$7,189
7-8
$7,403
9-12
$8,578
$223
$8,801

3. Local Control Funding Formula
Grade Span
Base Grant
Supplemental (20% of base)
Concentration (50% of base)
Total Possible
K-3
$7,820
$1,564
$3,910
$13,294
4-6
$7,189
$1,438
$3,595
$12,222
7-8
$7,403
$1,481
$3,702
$12,586
9-12
$8,801
$1,760
$4,401
$14,962

4. LCFF Implementation
The LCFF calculation determines “target” funding to be fully funded in 2020/2021
Current year funding prior to full implantation is “annual implementation funding”
Annual implementation funding = prior year funding + funded Gap

5. Budget Vs. Actuals: Revenues
Last Budget Update
Actuals
Variance
LCFF Sources
$17,555,520
$18,747,717
$1,192,197
Federal Revenue
$2,242,694
$1,924,963
($317,731)
Other State Revenue
$3,173,017
$3,100,076
($72,941)
Local Revenue
$1,066,103
$1,150,959
$84,856
Total Revenues
$24,037,334
$24,923,716
$886,382

6. Changes in Revenue
Drought relief was realized in 2015/2016 instead of 2016/2017.
Unspent federal and state entitlement revenues are reduced to actual expended amount. Entitlements are only earned when spent.
Title I, II, III, IV and State Bus Replacement
Expected MAA revenues were not received in current year ($100,000).
Interest was higher than anticipated: $80,000 budgeted vs. $149,931 received.

7. Budget Vs. Actuals: Expenditures
Last Budget Update
Actuals
Variance
Certificated Salaries
$7,218,642
$7,053,399
($165,243)
Classified Salaries
$3,319,302
$3,143,670
($175,632)
Benefits
$5,477,404
$4,721,187
($756,217)
Books & Supplies
$2,531,618
$1,649,467
($882,151)
Services & Other Opr
$5,128,678
$4,363,067
($765,611)
Capital Outlay
$380,422
$614,915
$234,493
Other Outgo
$273,673
$269,705
($3,968)
Indirect Costs
($37,251)
($62,967)
($25,716)
Transfers Out
$11,198 $0
Total Expenditures
$24,303,686
$21,763,640
($2,540,046)

8. Changes in Expenditures
Two key factors with new administration:
Planning
Knowledge of District specific expenditures
During the 2015/2016 school year, staff and administration spent time planning and becoming familiar with the District’s past and planning for the future.

9. Changes in Expenditures
$1,174,902 of LCFF S/C funding was unspent during the planning phase. In 2015/2016 these funds become part of the unrestricted ending fund balance.
Benefits savings:
PARS early retirement incentive payment: $89,960
Retiree benefits: $16,082
Health and welfare not reflective of actual enrollment
Vacancies
Additional areas of savings:
Utilities: $204,740
Telephone: $33,823
Legal: $59,661
Transportation: $88,872 (salaries for vacant positions)
School and Library Improvement Grant: $80,185 (salaries for vacant positions)
Certificated Stipends: $65,774

10. Changes in Expenditures
Areas of increased expenditures:
Ongoing and routine maintenance: $68,357
Capital Outlay/Facilities: $175,291
Substitute costs: $69,948

11. Budget Vs. Actuals: Ending Fund Balance
Last Budget Update
Actuals
Variance
Beginning Balance
$5,510,756 $0
Revenues
$24,037,334
$24,923,716
$886,382
Expenditures
$24,303,686
$21,763,640
($2,540,046)
(Deficit)/Surplus
($255,154)
$3,171,274
$2,916,678
Ending Fund Balance
$5,244,404
$8,670,832
$3,426,428
Restricted Balance
$907,281
$899,534
($7,747)
Unrestricted Balance
$4,337,123
$7,771,298
$3,434,175
Economic Reserve
17.85%
35.71%
17.86%

12. 2016/2017 Budget Update and MYP
Golden Plains Unified School District

13. 2016/2017 Revenue Changes Approved Budget Update Variance LCFF
$19,830,936
$18,355,468
($1,475,468)
Federal
$1,882,000
$2,428,899
$546,899
State
$1,575,951
$1,516,675
($59,276)
Local
$1,122,639
$1,186,686
$64,047)
Total Revenues
$24,411,526
$23,487,677
($923,849)

14. Revenue Changes Drought relief received in 2015/2016 vs. 2016/2017.
Federal carry-over updated.
Property tax adjustment of ($266,595).
Decrease in one-time revenues from May Revision to June Governor’s Budget Adoption.

15. 2016/2017 Expenditure Changes Approved Budget Update Variance
Certificated Salaries
$7,773,623
$7,744,955
($28,668)
Classified Salaries
$3,576,700
$3,692,515
$118,815
Benefits
$5,738,583
$5,280,829
($457,754)
Books & Supplies
$2,354,444
$2,318,611
($35,833)
Services & Other Opr.
$4,737,694
$5,134,451
$396,757
Capital Outlay
$36,040
$114,373
$78,333
Other Outgo
$273,673 $0
Indirect Costs
($83,792)
Transfers Out
$282,155
Total Expenditures
$24,689,120
$24,757,770
$68,650

16. Expenditure Changes
Salaries reflect all new hires and true step and column.
Benefits reflect post-open enrollment elections and October costs.
Federal carry-over expected to be expended in books/supplies & services.

17. Multi-Year Projections
2016/2017
2017/2018
2018/2019
LCFF Sources
$18,355,468
$18,805,797
$18,882,085
Federal Revenues
$2,428,899
$2,020,828
Other State Revenues
$1,516,675
$979,869
Local Revenues
$1,186,636
$702,303
Total Revenues
$23,487,677
$22,508,797
$22,585,085

18. MYP Revenue Assumptions
2017/2018
Continued declining enrollment
State revenues include
Elimination of one-time mandate claims funding: $357,339
Elimination of Clean Energy Act (Prop 39) revenue: $238,742
Elimination of repayment to CDE for Emergency Repair Projects: ($59,276)
Federal revenues include
Elimination of 2015/2016 federal carry-over: $408,070
Local revenues include
Elimination of PG&E On-Bill Financing revenue: $400,000
Elimination of SolarCity reimbursements: $78,333
Elimination of PBIS: $6,000

19. MYP Revenue Assumptions
2018/2019
Continued declining enrollment
No one-time revenues anticipated
All other funding is projected to be flat

20. Multi-Year Projections: Expenditures
2016/2017
2017/2018
2018/2019
Certificated Salaries
$7,744,955
$7,758,517
$8,082,583
Classified Salaries
$3,692,515
$3,610,899
$3,665,063
Benefits
$5,280,829
$5,574,656
$5,979,590
Books and Supplies
$2,318,611
$2,159,231
Other Services
$5,134,451
$3,500,799
$3,345,606
Capital Outlay
$114,373
Other Outgo
$273,673
Indirect Costs
($83,792)
Transfers Out
$282,155
Total
$24,757,770
$23,190,512
$23,818,483

21. MYP Expense Assumptions
2017/2018
1.5% Step & Column for certificated and classified salaries.
3% increase in certificated salaries and benefits built in the LCAP for additional certificated professional development.
1.15% increase for benefits.
CalSTRS & CalPERS required contribution increases.
Elimination of one-time retro salary payments, hiring bonuses, and vacation payouts in 2016/2017.
Increase of $304,691 in supplemental and concentration grant expenditures
Decrease of $408,070 for increased federal expenditures from categorical carry-over.

22. MYP Expense Assumptions
2017/2018 continued
Elimination of one-time band uniform budget: $50,000
Elimination of $6,000 for PBIS expenditures.
Elimination of PG&E/Clean Energy Act expenditures: $1,006,270
Expiration of PARS early retirement incentive payment: $89,960
Elimination of Mobile Modular payment: $174,960.
Elimination of one-time Educator Effectiveness expenditures: $149,587.
Elimination of SolarCity revenues/expenses: $213,259

23. MYP Expense Assumptions
2018/2019
1.5% Step & Column for certificated and classified salaries.
3% increase in certificated salaries and benefits built in the LCAP for additional certificated professional development.
1.15% increase for benefits.
CalSTRS & CalPERS required contribution increases.
Elimination of Municipal Finance equipment purchase payment: $155,193

24. Multi-Year Projections: Ending Fund Balance
2016/2017
2017/2018
2018/2019
Beginning Balance
$8,670,832
$7,400,739
$6,719,024
Revenues
$23,487,677
$22,508,797
$22,585,085
Expenditures
$24,757,770
$23,190,412
$23,818,483
Excess (Deficit) Spending
($1,270,093)
($681,715)
($1,233,397)
Ending Balance
$5,485,627
Restricted Balance
$327,851
Economic Reserve
28.57%
27.55%
21.65%

25. Moving Forward Enrollment senses is completed October 3rd each year.
First Interim Report is due December 15th (actuals through October 31st).
P-1 attendance report is completed in January.
P-2 attendance report is complete in April. This is our primary source of funding.
One-time college readiness block grant will be included in the first interim report.