Twin rivers unified
Download
1 / 20

TWIN RIVERS UNIFIED - PowerPoint PPT Presentation


  • 103 Views
  • Updated On :

TWIN RIVERS UNIFIED . 2011/12 ADOPTED BUDGET Presented to the Board of Trustees June 28, 2011. 2011/12 GENERAL FUND. 2011/12 GENERAL FUND REVENUES. 2011/12 REVENUE LIMIT ADA vs P2 ADA – K/12. 2011-12 Revenue Limit. 2.24% Cost of Living Adjustment

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'TWIN RIVERS UNIFIED' - shanta


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.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
Twin rivers unified

TWIN RIVERS UNIFIED

2011/12 ADOPTED BUDGET

Presented to the Board of Trustees

June 28, 2011





2011 12 revenue limit
2011-12 Revenue Limit

  • 2.24% Cost of Living Adjustment

  • Apply 2011-12 deficit of19.754% to our undeficited2011-12 revenue limit (RL)per ADA

  • Twin Rivers USD

  • Loss of $1,448 per ADA

  • $1,448 x 23,740 ADA = $34,375,520 loss of revenue

$7,330

$7,330

Deficit Factor Reduction

$1,448 (19.754%)

2011-12

Revenue Limit Funding

  • Funded RL

  • = $7,330 – ($7,330 x 0.19754)

  • = $7,330 – $1,448

  • = $5,882

$5,882



REVENUES

  • FEDERAL REVENUE:

    • One-time funding eliminated:

      • American Recovery and Reinvestments Act (ARRA) of $1.2 million

      • Education Jobs Funds of $5.6 million

    • 15% reduction to Title I and 20% reduction to Title II, Teacher Quality

    • Deferred revenue:

      • Estimated at $13.5 million

      • Only $1.7 million is reflected in the Adopted Budget

      • Remainder will be budgeted at First Interim once the actuals are known


Revenues continued
REVENUES - Continued

  • STATE REVENUE:

    • English Language Acquisition Program now a part of Economic Impact Aid (EIA)

    • EIA reduced 10%

    • QEIA and ASES reduced

    • CSR remains the same as prior year

    • No Mandated Cost

    • One-time funding eliminated

    • Lottery per student rate is $128.50

    • SBx3 4 Flexibility

  • LOCAL REVENUE:

    • Interest Income

    • One-time funding eliminated

    • State Special Ed – no COLA or cut from SELPA



EXPENDITURES

  • CERTIFICATED SALARIES:

    • Current position control

    • Unrestricted vs. restricted

  • CLASSIFIED SALARIES:

    • Current position control

    • Unrestricted vs. restricted

  • BENEFITS

  • 2011/2012 CATEGORICAL CARRYOVER

    • Not included

  • LUMPSUM

    • $28.85 elementary, $53 junior high, $90.85 high school

  • RRMA @ 2.20%

  • CONTRIBUTIONS

    • Transportation

    • Special Education

    • Community Day School


Other funds

Adult Education

Fund

Other Funds

Child Development Fund


Other funds continued

Cafeteria

Fund

Other Funds - continued

Deferred Maintenance Fund


Other funds continued1

Special Reserve

Fund

Other Funds - continued

Special Reserve Fund

for Post-Employment


Other funds continued2

Building

Fund

Other Funds - continued

Capital Facilities Fund-Developer Fees


Other funds continued3

County School Facility Fund

Other Funds - continued

Special Reserve Fund for Capital Outlay Projects


Other funds continued4

Other Enterprise

Fund

Other Funds - continued

Retiree Benefit

Fund




Sacs budget forms
SACS BUDGET FORMS

  • Budget Certification

  • Average Daily Attendance

  • Revenue Limit Summary

  • Multi Year Projections – General Fund

  • Summary of Interfund Activities

  • Current Expense Formula/Minimum Classroom Compensation

  • Schedule of Capital Assets – 2010/11

  • Schedule of Long-Term Liabilities – 2010/11

  • Other Funds

  • Criteria and Standards


Next steps
NEXT STEPS

  • Once the State adopts a 2011/12 Budget, staff will present a budget revision to the Board within 45 days.

  • Any questions?


ad