1. 1 Lodi Unified School District 2011-12 First Interim

2. 2 Trigger Crisis Legislative Analysts Office 3.8 Billion Revenue Shortfall. 5.2 million dollar reduction to LUSD Revenue @ 190 per ADA. Up to 2 million dollars in Home-to- School Transportation. December 15 Department of Finance. January 10 Governor’s Budget.

3. 3 Projected Revenue $223,168,335 State Aid 76%, $111,411,821

4. 4 Projected Expenditure $224,784,243 1000Certificated Personnel 2000 Classified Personnel 3000 Benefits 4000 Supplies 5000 Contracted Services 6000 Capital Items 7000Other Outgo

5. 5 Projected Reserves Contingency Reserve$ 788,326 Capital Outlay (AB 87)$ 279,920 Contingent on State Deficit*$ 7,119,796 Transportation Reserve*$ 2,085,437 LEA Negotiated Settlement Reserve$ 3,284,915 Tier III Program Reserves$ 4,972,225 Unforeseen Special Education$ 1,423,689 SERP Reserves$ 3,636,960 State Deferred/Deficit Spending (Cash)$17,960,593 State Required 3%$ 6,827,687 *County Required

6. 6 Reduction to Reserves 2012-132013-14 Certificated Step and Column $1,642,457 Classified Step $291,930 SERP Payment* $1,212,320 *SERP 2011-12 $1,212,320 Fee and Interest $500,000 Certificated Step and Column $1,642,457 Classified Step 296,756 SERP Payment $1,212,320 Fees and Interest $500,000 Reduced School Year 2014-15 Class Size Reduction 2013-14 Total Reductions 2011-2013 $8,510,560

7. 7 Multi-Year Projection

8. 8

9. 9 Deferrals 38% or $41,612,812 is deferred to the next fiscal year.

10. 104/29/2015 CASH Estimated TRANS July $8,562,015 April $5,000,000

11. 114/29/2015 CASH with ADA Cut and no Tran-year TRANS Estimated

12. 12 Enrollment

13. 13 Enrollment by Grade

14. 14 Special Thanks Angel Murnan, Director of Budgets, and the Budget Department Maria Fong, Controller, and the Accounting Department Joan Scherr, Administrative Assistant And to the Board of Education