1. 1 West Contra Costa Unified School District July 23, 2014 2014-15 45 Day Budget Revision

2. 45 Day Budget Revision The State adopted budget includes changes that are reflected in the 45 day revision LCFF Rate increased by 1.51% – Increase to revenue of $1.287 million Expense Increases STRS Rates increased by.63% $687k unrestricted/$200k restricted Salary Increase $240k Services and Furniture Increase $233k Capital Projects budget – Revised to reflect estimate of work to be completed over the 12 month period from July 1,2014- June 30,2015 Net Unrestricted General Fund Improvement $127k

3. Next Steps 3 September 17Year End Close/Unaudited Actuals 2013-14 December 17First Interim Report 2014-15 January 20152013-14 Audit Report to the Board Financial reports available on the web http://www.wccusd.net/