200 likes | 288 Vues
TWIN RIVERS UNIFIED. 2010/11 ADOPTED BUDGET Presented to the Board of Trustees June 29, 2010. 2010/11 GENERAL FUND. 2010/11 GENERAL FUND REVENUES. 2010/11 REVENUE LIMIT ADA vs P2 ADA – K/12. 2010-11 Revenue Limit.
E N D
TWIN RIVERS UNIFIED 2010/11 ADOPTED BUDGET Presented to the Board of Trustees June 29, 2010
2010-11 Revenue Limit • Apply 2010-11 deficit of18.355% to our undeficited2010-11 revenue limit (RL)per ADA • Apply the 3.85% cut to the undeficited revenue limit per ADA • Twin Rivers USD $7,186 $7,186 Deficit Factor Reduction $1,319 (18.355%) $277 (3.85%) reduction 2010-11 Revenue Limit Funding $5,590 Funded RL = $7,186 – ($7,186 x 0.18355 + $7,186 x 0.0385) = $7,186 – ($1,319 + $277) = $7,186 – $1,596 = $5,915
REVENUES • FEDERAL REVENUE: • One-time American Recovery and Reinvestments Act (ARRA) are eliminated • No deferred revenue • Deferred revenue estimated at $12 Million • STATE REVENUE: • Most programs include a negative .39% COLA • CSR reduced $720 thousand • No Mandated Cost • Lottery per student rate is $125.50 • SBx3 4 Flexibility • LOCAL REVENUE: • Interest Income • State Special Ed – no COLA and cut from SELPA
EXPENDITURES • CERTIFICATED SALARIES: • Current position control • Unrestricted vs. restricted • CLASSIFIED SALARIES: • Current position control • Unrestricted vs. restricted • BENEFITS • 2009/2010 CATEGORICAL CARRYOVER • Not included • LUMP SUM • $28.85 elementary • $53 junior high • $90.85 high school • RRMA @ 2.22%
OTHER FINANCING SOURCES • TRANSFERS OUT • Adult Education Fund • Deferred Maintenance Fund • CONTRIBUTIONS • Transportation • Special Education • Community Day School
Adult Education Fund Other Funds Child Development Fund
Cafeteria Fund Other Funds - continued Deferred Maintenance Fund
Special Reserve Fund Other Funds - continued Special Reserve Fund for Post-Employment
Building Fund Other Funds - continued Capital Facilities Fund-Developer Fees
State School Building Lease-Purchase Fund Other Funds - continued Special Reserve Capital Outlay Fund
Other Enterprise Fund Other Funds - continued Retiree Benefit Fund
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 – 2009/10 • Schedule of Long-Term Liabilities – 2009/10 • Other Funds • Criteria and Standards
NEXT STEPS • Once the State adopts a 2010/11 Budget, staff will present a budget revision to the Board. • Any questions?