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: G:\My Drive\SUPERINTENDENT\FY 23\FY23 Budget Prep\Amended Budget\53-090-7020-26_B23 Tremont CUSD 702 06262023 11/16/2023 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: G:\My Drive\SUPERINTENDENT\FY 23\FY23 H:\Bookkeeping\Budget\FY23 Budget\Amended\FY23 ISBE Budget Prep\Amended Budget\53Form 50-090-7020-26_B23 Tremont CUSD 702 06262023 11/16/2023 36 (Amended) - Copy #2 5/17/2023 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: G:\My Drive\SUPERINTENDENT\FY 23\FY23 G:\Shared drives\Business Office\Budget Files\2022-2023 Budget\FY23 Amended\FY23 Amended Budget Prep\Amended Budget\53-090-7020-26_B23 Tremont CUSD 702 06262023 11/16/2023 State Form 5/1/2023 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: G:\My Drive\SUPERINTENDENT\FY 23\FY23 C:\Users\mcampbell\OneDrive - Xxxxx Public Schools\Budget.Levy\FY 23 Budget Prep\Amended Budget\53-090-7020-26_B23 Tremont CUSD 702 06262023 11/16/2023 2022 Levy\1 FY 23 Budget\FY 23 DPS Proposed Budget 8/10/2022 ESTIMATED LIMITATION OF ADMINISTRATIVE COSTS (School Districts Only) (For Local Use Only)