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: Evidence-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U SCHOOL DIST 196 RCDT 30039196026

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: Evidence-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U SCHOOL DIST 196 RCDT 30039196026G:\My Drive\Budget\FY2023 Budget tw\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: Evidence-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U SCHOOL DIST 196 RCDT 30039196026P:\Budget\2023 Budget\SDJAB2023FORM 7.14.2022 8/22/2022 ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS (School Districts Only)

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: Evidence-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U SCHOOL DIST 196 RCDT 30039196026G:\Shared drives\Business Office\Budget\2023\Final\Hinsdale District 86 ISBE Budget Form 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: EvidenceC:\Users\callaman\Downloads\53-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U SCHOOL DIST 196 RCDT 30039196026090-0500-02_B23 District 50 Schools 09222022 10/24/2022

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: EvidenceH:\Board of Education\Financial Info\Budgets\Budget Forms\FY23 Budget\30-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U SCHOOL DIST 039-1960-26 Elverado CUSD 196 RCDT 30039196026FY23 Budget 9/19/2022

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: Evidence-Based Funding: Fiscal Year 2024 2025 Spending Plan ELVERADO C U KEENEYVILLE SCHOOL DIST 196 RCDT 30039196026DISTRICT 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: Evidence-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U SCHOOL DIST 196 RCDT 30039196026Y:\Board Finance Committee\Packets\Finance Pkts FY23\2022.09.14\6.9. SDJAB2023FORM.Park School.xlsx 9/16/2022

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: Evidence-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U CONS HIGH SCHOOL DIST 196 RCDT 30039196026DISTRICT 230

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: Evidence-Based Funding: Fiscal Year 2024 Spending Plan ELVERADO C U SCHOOL DIST 196 RCDT 30039196026C:\Users\pcaposey\Documents\SugarSync Shared Folders\Desktop\SUPE\FY 23 budget 8/30/2022