1. Manteca Unified School District Second Interim Report Jan. 31, 2004 March 9, 2004

2. Outline CBEDS Revenues Expenditures Governor’s Budget Cash Flow Projections

3. CBEDS Enrollment 21,553.28 ADA

4. Revenues Total Revenues $132,540,642

5. EXPENDITURES Total Expenditures $137,390,922

6. CASH FLOW

8. Governor’s Budget Passage of Prop 57 & 58 –Fixes past budget problems and extends the repayment out over future years $5 Billion Current Shortfall remains –Increased Revenue can’t grow fast enough to fix Suspension of Prop 98 –Loss of $2 Billion from Education COLA 1.84% and deficit restoration –Fixes past year but is still short for fixing next year Loss of Corporate Taxes –Recent court ruling against California – results in immediate repayment and ongoing loss of revenue ($800 million and $180 million) Loss of Mandated Cost Repayments for last three years –Yet mandates still exist

9. Budget Projections

10. From Here to There and Why Budget Adds –Growth Staffing ($1.2) Woodward Weston Ranch High School –Increased Utilities ($.2 ) Loss of Mandated Costs Repayment ($1.5) Repayment of Attendance Error ($.2) Step and Column Increases ($1.7) Increased Insurance Costs ($.3) –Workers comp –Liability Insurance One Time Budget Fixes 03/04 ($4.8) Reinstatement of One Time Staffing Cuts ($.5) All amounts in millions

11. Cuts and Adjustments So Far Kindergarten Option 2 Ed Services Reorganization

12. Other Items Identified JROTC Encroachment*$ 200,000 Grades 1-6 Computer Literacy*+$ 620,000 4 – 8 Music*$1,100,000 Manteca Day Encroachment$ 365,000 Preschool Special Education Encroachment$ 145,000 D. O. Administration Support+$ 70,000 9th Grade Sports$ 90,000 Home to School Transportation ($2 p/day/student)+$ 600,000 Charge for Athletic Transportation ($60 p/child/activity)+$ 174,000 Not reinstate custodial & clerical reductions from 03/04+$ 500,000 Eliminate the Study Skills Program+$ 100,000 Restructure VP’s at schools+$ 200,000 Reduce Ed. Services Lottery Money+$ 300,000 Reduce Projected Custodial Growth+$ 120,000 Increase Student Growth Projections for 04/05+$ 340,000 Energy Savings$ 100,000 Acorn League Charge at Door+$ 10,000 Site Block 5% Reduction+$ 106,000 Increase Facilities Use Fee 5%+$ 1,073 1/2 Time for Vice Principals @ Elementary Sites*$ 500,000 Deans of Activities/Athletics Teach Four Periods*$ 150,000 Reduce Time Sheeting (to be researched) Reduce Legal Fees by 10 Percent (to be researched) Administrators’ Stipends and Vehicles*$ 129,000 Library Aides at High Schools*+$ 112,000 Postage (to be researched) Restructure Bilingual Aide Formula*+$ 400,000 Non Duty Free Time (except lunch) Yard Duty*+$ 770,000 Restructure Personnel (Confidential)*$ 7,500 Use 1/2 of Reserves as a last resort$2,000,000 + denotes used to balance projections * Requires Negotiations