1 / 6

Escalon Unified School District 2012-2013 2nd Interim Report

Escalon Unified School District 2012-2013 2nd Interim Report. Certification- the District’s certification remains positive Attendance- Our estimated R/L ADA is 2,769.15…based on prior year P-2 Revenues- up by $219,457 Expenditures- up by $134,427

eman
Download Presentation

Escalon Unified School District 2012-2013 2nd Interim Report

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Escalon Unified School District 2012-2013 2nd Interim Report

  2. Certification- the District’s certification remains positive • Attendance- Our estimated R/L ADA is 2,769.15…based on prior year P-2 • Revenues- up by $219,457 • Expenditures- up by $134,427 • Contribution- Contributions to Special Education, Routine Restricted Maintenance and Transportation is still projected at a $1.9 million encroachment to the general fund

  3. Transfers Out-increased by 78,493 • Deficit Spending- went from $663,548 to $657,011 • Other Funds-No changes except for Fund 17 EFB up 222k = 143,589 (gas lines) + 78,493 (mandated costs) • Cash Flow- Because of EPA we will have positive cash of $2.4 mil. • Ending Fund Balance-4.7 mil

  4. Multi-year projections- The Governor’s budget for next year includes a Local Control Funding Factor (LCFF) not included in 2nd Interim • Free/Reduced and EL counts • Too early to know what is included in the calculation • Should benefit us, but it is too soon to know for certain • 1.65% COLA for 13-14, 2.2% COLA 14-15 • Deficit Spending- is projected -858k 13-14 and 802k 14-15

  5. In Summary…….. • Continued conservative spending will help end the year on a more positive noteto help with projected deficits • 5 furlough days coming back to employees in 13-14 is positive for all staff • Increasing our student’s attendance will not only provide better learning opportunities, it will provide more revenue to help our District stay solvent in this fiscal crisis

  6. Questions???

More Related