1. Lodi Unified School District 2016-17 Proposed Budget -June 21, 2016
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2. Revenue $310,429,980
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3. Enrollment by Year
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4. Expenditure $308,829,534 12/5/2018 1000 Certificated Personnel
2000 Classified Personnel
3000 Benefits
4000 Supplies
5000 Contracted Services
6000 Capital Items
7000 Net Indirect & Debt Service
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5. Where did the new revenues go?
Staff Increase Special Education $771,713
STRS & PERS $3,247,388
Class Reduction
(7-12) $3,532,844
PK-3 $7,147,442
2.5 Teacher Work Days $1,262,428
Step and Column $2,806,679
CTE (ROP)
$1,705,816
New and Increased Programs $1,543,738
On-going cost of Employee Salary Increase $6,156,774
Employee Restoration $9,857,306
RRM $1,073,652
Where did the new revenues go?

6. Components of Fund Balance Continued…
Contingency Reserve $ 500,000
LUSD Designated for Economic Uncertainty (1.67%) $5,127,981
Grade Span Adjustment Protection $1,000,000
Instructional Material Reserve $2,000,000
Programmatic Reserves $ 225,303
Special Education Reserve $2,000,000
Carry-Over Reserve $3,500,000
Mandated Reserve for Economic Uncertainty (3%) $9,350,000
Total Reserves 8.7%
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7. Multi-year Projections
Revenue
$310,429,980
$315,363,519
$320,610,419
Expenditures
$308,829,534
$309,004,238
$315,967,120
Ending Balance
$27,003, %
$33,362, %
$38,006, %
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8. Budget Summary Key Assumptions
Enrollment increased matching enrollment and increase over
Multi-year projection shows a faster funding of the remaining gap funding for LCFF ( ). Most of this funding will be needed to fund future employee retirement for Shown in budget as increase to ending fund balance (One-time dollar).
If the extension of Prop. 39 fails Prop. 98 will go into deficit funding.
COLA projection of 0% and low future years will encroach on funding.
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9. Special Thanks
Angel Murnan, Director of Budgets, and the Budget Department
Maria Fong, Controller, and the Accounting Department
And,
to the Board of Education
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