1. Budget Overview Alliance College-Ready Middle Academy 12 1

2. Source of School Funds 2 Alliance-wide average

3. Use of School Funds 3 Alliance-wide average

4. Glossary 4 Child Nutrition Federal and state funding awarded to schools to ensure that every child has the opportunity to receive a free, healthy meal. E-Rate Provides discounts to assist schools and libraries in the United States to obtain affordable telecommunications and Internet access. Individuals with Disabilities Education Act (IDEA) Federal funding to offset part of the costs of the K-12 education needs of children with disabilities. Local Education Agency (LEA) School districts, county offices of education, and charter schools. Local Control Funding Formula (LCFF) A California school funding law passed in 2013 that changed the method of distribution of funding from the state to local school districts. It gives more money to schools with large numbers of underserved students and provides local control to districts to decide how to use their allocated funds. The law also requires districts to seek input from parents and community members on how the funds should be used. Local Control and Accountability Plan (LCAP) A plan developed with input from parents, educators, employees and the community regarding how LCFF funding will be used particularly in eight areas identified as state priorities.

5. Glossary 5 Mandate Block Grant Federal funding of $14 per middle school student and $42 per high school student with provisions as to the way it is to be spent. Replication and Expansion for High Quality Charter Schools Federal funding for Charter Management Organizations (CMOs) that serve low income-families to support planning, program design, initial implementation of new schools and enrollment expansion for existing schools. Senate Bill 740 Charter School Facility Grant Program Provides state funding to charter schools for rent and lease expenditures. Teacher Incentive Fund (TIF) Provides federal funding to develop and implement performance-based teacher and principal compensation systems in high-need schools. Title I, Part A A federal program that provides supplemental funding to local educational agencies (LEAs) and schools with high numbers or high percentages of children from low- income families to improve academic achievement. Title II, Part D ETT Provides supplemental funds to improve student academic achievement through the use of technology in elementary and secondary schools.

6. Revenues – Private Grants and Federal 6

7. Revenues - State 7

8. Revenues – Local and Other 8

9. Expenses – Salaries and Benefits 9

10. Expenses – Books, Supplies & Subagreement Services 10

11. Expenses – Professional/Consulting Services & Facilities 11

12. Monthly Budget – Operations, Depreciation & Interest 12

13. Summary 13

14. Questions/Comments? 14