Common use of Background and Narrative of Budget Reductions Clause in Contracts

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchiamlindem/Desktop/rakerakeFor Mark/Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22Budget/22-23/Final/SDJAB2023FORM-no-macros.xlsx 10/4/22

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/G:\My Drive\Budget\FY2023 Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22tw\FINAL BUDGET DOCS\SDJAB2023FORMFINALD230toBOARD 12/8/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/C:\Users\xxxxx\Downloads\ISBE Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22Form FY23.xlsx 9/29/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/G:\My Drive\FY23 Files\Finance\Budget\FY23\Tentative State Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22form.xlsm 8/5/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/xxxxx://xxx000-xx.xxxxxxxxxx.xxx/personal/aarbogas_psd202_org/Documents/Downloads/fy23 Final Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22202 1/3/2023

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/I:\Dept. of Business Office\Budget FY23\legal budget and support\FY 23 ISBE Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22Form 7/18/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- Short and Long-Long Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? ) If yes, yes please explain: /Users/jmacchiaeoconnor/DesktopDocuments/rakerakeGoogle D/My Drive/Budgets/2020-2021/2021 Final Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22- State Form.xlsx 9/22/20

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22H:\- Finance & Accounting\- Budget\FY23\BOE and Filing Documents\SDJAB2023FORM_LZ95 vFINAL FOR UPLOAD.xlsm 9/17/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- Short and Long-Long Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? ) If yes, yes please explain: /Users/jmacchiayurkoja/Desktop/rakerake/Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22SDJAB2021FORM-Amended 6-16-21.xlsx 6/11/21

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- Short and Long-Long Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? ) If yes, yes please explain: /Users/jmacchiaattawayj/Desktop/rakerakeFiles/Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22Finance/Budget/FY 2021/Amended/FY21 Final Amended Budget.xlsx 6/15/21

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22C:\Users\STI\Desktop\Budget 2022-2023 NEW NEW NEW\SDJAB2023FORM 4/25/2023

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- Short and Long-Long Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? ) If yes, yes please explain: /Users/jmacchiamduback/DesktopIVEE/rakerakeDraft Final FY21 Budget/Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22FY21 Final Budget, State Form.xlsx 9/18/20

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/C:\Users\Mark\Desktop\22.23 Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22Revised 8.16.22 8/17/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/G:\Shared drives\Business Office\Budget\2023\Final\Hinsdale District 86 ISBE Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22Form FY 2023 9/7/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22C:\Users\pcaposey\Documents\SugarSync Shared Folders\Desktop\SUPE\FY 23 budget 8/30/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- Short and Long-Long Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? ) If yes, yes please explain: /Users/jmacchiaadamsf/DesktopDocuments/rakerakeDocuments/!FINANCE/BUDGET/FY22/AMENDED BUDGET FY22/Amended Final Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22FY22-ISBE NT.xlsx 5/11/22

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/H:\Board of Education\Financial Info\Budgets\Budget Forms\FY23 Budget\30-039-1960-26 Elverado CUSD 196 FY23 Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/229/19/2022

Background and Narrative of Budget Reductions. 2. Assumptions Used in the Deficit Reduction Plan: - EBF and Estimated New Tier Funding: - Equal Assessed Valuation and Tax Rates: - Employee Salaries and Benefits: - Short- and Long-Term Borrowing: - Educational Impact: - Other Assumptions: - Has the district considered shared services or outsourcing (Ex: Transportation, Insurance)? If yes, please explain: /Users/jmacchia/Desktop/rakerake/C:\Users\JQuick\Documents\Budget Planning\FY23\FY23 Xxxxxxxx CUSD2 Budget FY23 SDJAB2023FORM 2 (BUDGET) (1).xlsm 11/21/22on State Form.xlsx 11/16/2022