Impact of Proposed Agreement on Current Year Unrestricted Reserves Sample Clauses

Impact of Proposed Agreement on Current Year Unrestricted Reserves. 1. State Reserve Standard a. Total Expenditures, Transfers Out, and Uses (Page 4, Column 4, total Expense & Other Uses and Transfers Out (Must include restricted and unrestricted expenditures) $ 442,953,395 b. State Standard Minimum Reserve Percentage for this District 2.00% c. State Standard Minimum Reserve Amount for this District (For districts with less than 1,001 ADA, this is the greater of Line a. times Line b. or $50,000. $ 8,859,068 2. Budgeted Unrestricted Reserve (After Impact of Proposed Agreement) a. General Fund Budgeted Unrestricted Reserve for Economic Uncertainties $ 8,893,067 b. General Fund Budgeted Unrestricted Unassigned/Unappropriated Amount $ (882,378) c. Special Reserve Fund 17-Budgeted Reserve for Economic Uncertainties $ - d. Special Reserve Fund 17-Budgeted Unassigned/Unappropriated Amount $ - e. Article XIII-B Fund 72-Budgeted Reserve for Economic Uncertainties $ - f. Article XIII-B Fund 72-Budgeted Unassigned/Unappropriated Amount $ -

Impact of Proposed Agreement on Current Year Unrestricted Reserves. 1. State Reserve Standard

Impact of Proposed Agreement on Current Year Unrestricted Reserves. 1. State Reserve Standard a. Total Exoenditures, Transfers Out, and Uses(Including Cost of Proposed Agreement\ $505,054,180 b. State Standard Minimum Reserve Percentage for this District 2.00% c. Proiected P-2 ADA 35,923.31

Impact of Proposed Agreement on Current Year Unrestricted Reserves. 1. State Reserve Standard a. Total Expenditures, Transfer Out, and Uses (including Cost of Proposed agreement) $ 46,396,740 b. State Standard Minimum Reserve Percentage for this District 3% c. State Standard Minimum Reserve Amount for this District (Line 1 times line 2) $ 1,391,902 2. Unrestricted Fund Balance (After Impact of Proposed Agreement) a. General Fund Unrestricted Reserve for Economic Uncertainties $ 2,319,837 b. General Fund Unrestricted Nonspendable Amounts (e.g. Revolving Cash, Stores inventory, etc) $ 64,176 c. General Fund Unrestricted Committed/Assigned Amounts $ 1,873,465 d. General Fund Unrestricted Unassigned/Unappropriated Amounts $ (0) e. Total District Unrestricted Fund Balance $ 4,257,477

Impact of Proposed Agreement on Current Year Unrestricted Reserves. 1. State Reserve Standard a. Total Expenditures, Transfer Out, and Uses (including Cost of Proposed agreement) $ 46,396,740 b. State Standard Minimum Reserve Percentage for this District 3% c. State Standard Minimum Reserve Amount for this District (Line 1 times line 2) $ 1,391,902 2. Unrestricted Fund Balance (After Impact of Proposed Agreement) a. General Fund Unrestricted Reserve for Economic Uncertainties $ 2,319,837 b. General Fund Unrestricted Nonspendable Amounts (e.g. Revolving Cash, Stores inventory, etc) $ 64,176 c. General Fund Unrestricted Committed/Assigned Amounts $ 1,873,465 d. General Fund Unrestricted Unassigned/Unappropriated Amounts $ (0) e. Total District Unrestricted Fund Balance $ 4,257,477 3. Do unrestricted reserves meet the state standard minimum reserve amounts? Yes Fund 01 - General Fund Description Column 1 Column 2 Column 3 Column 4 Latest Board Approved Adjustments Adjustments Total Impact Budget (2nd Interim) for Estimated Actuals Result of Settlement On Budget Local Control Funding Formula (8010-8099) $ 30,978,261 $ (267,175) $ - $ 30,711,086 Remaining Revenues (8100-8799) $ 11,253,729 $ 834,480 $ - $ 12,088,210 Total Revenues $ 42,231,990 $ 567,305 $ - $ 42,799,296 1000 Certificated Salaries $ 18,252,496 $ 286,633 $ 16,359 $ 18,555,489 2000 Classified Salaries $ 5,985,844 $ 34,086 $ 6,019,929 3000 Employees' Benefits $ 11,899,350 $ (613) $ 1,767 $ 11,900,504 4000 Books & Supplies $ 3,615,426 $ 128,878 $ - $ 3,744,304 5000 Services & Operating Expenses $ 4,416,878 $ 216,202 $ - $ 4,633,080 6000 Capital Outlay $ 334,300 $ 392,964 $ - $ 727,264 7000 Other $ 753,593 $ - $ - $ 753,593 Total Expenditures $ 45,257,887 $ 1,058,150 $ 18,126 $ 46,334,163 Operating Surplus (Deficit) $ (3,025,897) $ (490,845) $ (18,126) $ (3,534,868) Other Sources and Transfers In $ 300,299 $ (1,600) $ 298,699 Other Uses and Transfers Out $ 329,752 $ (267,175) $ - $ 62,577 Current Yr Incr/(Decr) In Fund Balance $ (3,055,350) $ (225,270) $ (18,126) $ (3,298,746) Beginning Balance $ 8,066,990 $ - $ - $ 8,066,990 Current-Year Ending Balance $ 5,011,640 $ (225,270) $ (18,126) $ 4,768,244 Components of Ending Balance Nonspendable $ 72,000 $ (7,824) $ 64,176 Restricted $ 662,318 $ (151,551) $ 510,767 Committed $ 1,997,940 $ (105,443) $ (19,032) $ 1,873,465 Assigned $ - $ - Reserve for Economic Uncertainty $ 2,279,382 $ 39,549 $ 906 $ 2,319,837 Unassigned/Unappropriated $ 0 $ 0 $ (0) $ (0) * If the total amount of the Adjustment in Column 3 does not agree wit...

Impact of Proposed Agreement on Current Year Unrestricted Reserves. 1. State Reserve Standard (after impact of Proposed Agreement) a. Total expenditures, transfers out, and uses (including cost of proposal) b. State Standard Minimum EUR Percentage for this district c. State Standard Minimum EUR amount for this district 2. Budgeted Unrestricted reserve (after impact of Proposed Agreement) a. General Fund budgeted Unrestricted EUR $ ‐ b. General Fund budgeted Unrestricted Unappropriated amount $ ‐ c. Special Reserve Fund budgeted EUR $ ‐ d. Special Reserve Fund budgeted Unappropriated amount $ ‐ e. Total District budgeted Unrestricted reserves $ ‐ 3. Do Unrestricted reserves meet the state minimum standard amount? Yes No

Impact of Proposed Agreement on Current Year Unrestricted Reserves. 1. State Reserve Standard (after impact of Proposed Agreement) a. Total expenditures, transfers out, and uses (including cost of proposal) b. State Standard Minimum EUR Percentage for this district c. State Standard Minimum EUR amount for this district $ 11,921,835 $ 3.00% 357,655 2. Budgeted Unrestricted reserve (after impact of Proposed Agreement) a. General Fund budgeted Unrestricted EUR $ 490,647.09 b. General Fund budgeted Unrestricted Unappropriated amount $ ‐ c. Special Reserve Fund budgeted EUR $ ‐ d. Special Reserve Fund budgeted Unappropriated amount $ ‐ e. Total District budgeted Unrestricted reserves $ 490,647 3. Do Unrestricted reserves meet the state minimum standard amount?