1. Board Adoption Meeting
FISCAL YEAR 2015 – 2016
Adopted Budget
Board Adoption Meeting
June 17, 2015

2. SKUSD REVENUE
82% of Funds Come from LCFF

3. SKUSD EXPENSES
85% of Expense Budget is Compensation

4. SKUSD Financial Comparison in MillionsFY
SKUSD Financial Comparison in Millions
Act
Bud
1st Int
2nd Int
Budget
MYP
12/13
13/14
14/15
15/16
16/17
17/18
18/19
Total Revenue
22.3
23.5
24.7
27.3
29.2
30.2
36.2
36.7
38.6
39.9
Expenses
Cert
10.1
10.5
11.4
12.0
12.7
13.5
13.9
14.2
14.5
Class
3.8
5.0
4.9
5.2
5.4
6.5
6.7
6.9
7.1
Benefits
4.7
5.1
6.3
7.2
7.4
7.8
7.9
8.0
8.1
Supplies
1.1
1.5
1.9
2.2
2.4
Services
2.3
2.6
Capital
0.1
0.0
0.2
Indirect -
Total Expenses
23.4
27.4
28.1
30.1
32.9
33.8
34.4
35.0
Net +/-
(2.6)
(0.8)
3.4
2.9
4.3
Fund Balance
4.8
1.6
2.5
5.8
8.7
13.0
17.9
22%
21% 9% 6% 8%
18%
26%
38%
51%