1. 2017-2018 Adoption Budget with 2016-2017 Estimated Actuals
 SAUGUS
Union School District
Excellence in Elementary Education
24930 Avenue Stanford, Santa Clarita, California Phone: /
Adoption Budget with Estimated Actuals
June 6, 2017
BOARD OF TRUSTEES: Paul De La Cerda · Julie Olsen · David Powell · Christopher Trunkey · Judy Egan Umeck SUPERINTENDENT: Joan M. Lucid, ED.D.
 RESPECT | INTEGRITY | LEARNING | TEAMWORK | ENTHUSIASM

2. Education Code
Per Education Code (EC) Sections and 52062, school districts are required to hold two separate Governing Board public meetings
The LCAP and Budget public hearing
The LCAP and Budget Board adoption
The LCAP item must precede the Budget item at each meeting and be held at least one day apart
The public hearings require 72 hours public notice
The LCAP and the Budget must be adopted on or before July 1, 2017

3. Budget Assumptions

4. Enrollment - ADA

5. Components of LCFF Target Entitlement
Components of LCFF Target Entitlement
$3,956,302
$69,403,164

6. 2017-2018 Gap Funding and Proportionality
Current Year Funding =
Total LCFF Gap* Gap Funding %
$3,902,672
x %
$1,716,005
Target Entitlement
$77,990,019
Total LCFF Gap =
$3,902,672
Floor /
Minimum State Aid
$74,087,347
Note:
LCFF Funding = $75,803,352

7. 2017-2018 Target Entitlement Revenue Assumptions
*Prior year funding rule applies

8. 2017-2018 Supplemental Grant Percentage
Supplemental and Concentration grant funding is based on the District’s unduplicated pupil population. The unduplicated pupil population consists of English learners, economically disadvantaged, and foster youth. To qualify for the concentration portion of the grant the District‘s unduplicated pupil percentage must be above 55%. The District‘s unuplicated pupil percentage is projected to be 25.97%, therefore we do not qualify.
Supplemental and Concentration Grants
3 Year Average Enrollment
9,834
3 Year Average Unduplicated Pupil Count
2,554
3 Year Unduplicated Pupil Percentage
25.97%

9. Proportionality Calculating the Supplement Grant Value
Total Supplemental Funding = $3,346,210
Funding at Target:
$3,810,291
Gap Funding:
$828,272
x 43.97%
$364,191
Gap
= $828,272
Spent Prior Year:
$2,982,019

10. One-time Revenue
Mandated Block Grant (MBG) funds may be used for any one-time purpose
the “reimbursement” is based on prior year P2 ADA
Legislative intent for use of grant is to prioritize funding to support implementation of Common Core Standards, English Language Development Standards, and Next Generation Science Standards

11. Revenue

12. Combined Revenue

13. Expenditures

14. 2017-2018 Unrestricted Expenditures

15. 2017-2018 Restricted Expenditures

16. 2017-2018 Combined Expenditures

17. Ending Fund Balance

18. Other Funds

19. Next Steps State budget expected to be approved on or about June 15th
Any adjustments as a result of State Budget changes will be reflected in the 45 day revise (August)
LCAP and Budget Board Approval on June 20, 2017

20. Questions