2021-22 Budget Adoption Public Hearing – May 26, 2021 Adoption – June 23, 2021 Etiwanda School District 2021-2022 Budget Assumptions

• Budget assumption do not include any provisions of Governor Newsom’s proposed May Revision. • Budget Assumptions are based upon the recommendation from School Services of California. • COLA’s and other May Revision adjustments will be prepared prior to the final budget presentation and adoption on June 23, 2021 2021-2022 Budget Assumptions o LCFF Estimated @ 12,775 ADA o LCFF Est. Prior Year Guarantee @ 13,653 o ADA Estimated @ 96% Attendance Rate o 13,251 Estimated Enrollment o Percent of Decrease in Enrollment 0% o Unduplicated three year average = 38.99% STRS – 15.92% (minus 1.18%); PERS – 23.0% (plus 3.279%) COLA – 1.7% (21-22), 2.48% (22-23), 3.11% (23-24) Zero Mandated Cost One-Time Funds Maintained LEA-Medical Billing Option Program Maintained RDA Budget Based Revenue and Expenses on Full School Reopening Revenues Expenditures LCFF Funding Sources Certificated Salaries Federal Revenues Classified Salaries State Revenues Employee Benefits Local Revenues/Transfers In Book and Supplies Services,Other Operating Expenses Capital Outgo/Direct Support/Transfers Out

12% 10% 2% 5% 4% 10% 44% 74% 24%

15% Projected Years - Budget Assumptions * 2022-2023 2023-2024 • LCFF Prior Year P-2 Guarantee • LCFF Current Year P-2 Guarantee 12,775 12,614 • Estimated ADA 12,614 • Estimated ADA 12,514 • Estimated Enrollment 13,083 • Estimated Enrollment 12,979 • Declining Enrollment -1.27% • Declining Enrollment -0.79% • Unduplicated Count 37.47% • Unduplicated Count 36.87% • Certificated Step & Column 1.5% • Certificated Step & Column 1.5% • Classified Step 1.4% • Classified Step 1.4% • Changes in STRS 2.08% & PERS 3.3% • Increase in STRS (0%)% & PERS 1% • • Decreasing Enrollment, 6 FTE Decreasing Enrollment, 4 FTE Reduction Reduction • Decreasing Cost in Contributions • Decreasing Cost in Contributions

* Based upon recommended School Service of California assumptions prior to May Revision Multi-Year Projections

Fund 01 2021-2022 2022-2023 2023-2024 COLA Assumption 5.07% 2.48% 3.11% Revenue 166,937,769 154,295,977 156,375,069 Expenditures 174,008,809 170,099,282 164,806,882

Deficiency Rev. over Exp. (7,071,040) (15,803,305) (8,431,813) Transfers In/Out (60,108) (60,108) 4,995,241

Beginning Fund Balance 32,842,066 25,710,918 9,847,505

Ending Fund Balance 25,710,918 9,847,505 6,410,933

Assigned Ending Fund Balance (Includes 3% REU & Restricted Bal.) 11,360,400 5,915,052 6,335,933 Unassigned Ending Fund Balance 14,275,518 3,857,453 - Percent of Expenses for: Unassigned Ending Fund Balance 8.2% 2.3% 0.0%

Fund 17 Reserves 10,037,335 10,067,335 5,041,986 Total Reserve Percentage 11.90% 4.17% 3.04% Additional Considerations for 2021-2022 thru 2023-2024 Budgets – ESSER II funding – $2,931,515 (Support expenses related to school opening in Fall 2021 – One Time) • Personal Protection Equipment (PPE) • Health / Cleaning Supplies • Staffing for daily cleaning / operations – ELO Extended Learning Opportunities - $4,853,329: • Summer Learning Program – Recovery & Resilience Summer Learning • LCAP Goal 5 – Resilience and Recovery, regain pre- pandemic academic performance. Additional Considerations for 2021-2022 thru 2023-2024 Budgets – American Rescue Plan Act of 2021 - ESSER III • Estimated Funding – $9,044,121 (Support expenses related to keep schools open and safe– One Time) • Personal Protection Equipment (PPE) • Health / Cleaning Supplies • Staffing for daily cleaning / operations • Strategies to meet social, emotional, mental health, and academic needs of students • Not currently in budget, pending information from CDE Resilience & Recovery

NEXT: Budget Approval on June 23 Close the 2020-21 Books Report on or before September 15 2021-22 Budget Adoption Public Hearing – May 26,2021 Adoption – June 23, 2021 Etiwanda School District 2021-2022 Budget Assumptions • Budget assumptions have been updated since the initial public hearing to include the following provisions from Governor Newsom’s proposed May Revision:

• 2021-22 COLA of 5.07% • 2022-23 COLA of 2.48% • 2023-24 COLA of 3.11% Additional Considerations for 2021-2022

• The following items will be added and presented at 1st Interim:

• STRS rate increase of 1% from 15.92% to 16.92%

• PERS rate decrease of .09% from 23.0% to 22.91%

• American Recue Plan Act of 2021 Additional Considerations for 2021-2022

– American Rescue Plan Act of 2021 - ESSER III • Estimated Funding – $8,924,790 (Support expenses related to keep schools open and safe– One Time) • Health / Cleaning Supplies / PPE • Staffing for daily cleaning / operations • Strategies to meet social, emotional, mental health, and academic needs of students • Will be added to the budget in Aug./Sept. of 2021 • Timeline for expenditures is 3/13/2020 to 9/30/2024 Multi-Year Projections

Fund 01 2021-2022 2022-2023 2023-2024 COLA Assumption 5.07% 2.48% 3.11% Revenue 167,198,822 154,557,030 156,636,122 Expenditures 174,040,188 168,984,567 163,667,973

Deficiency Rev. over Exp. (6,841,366) (14,427,537) (7,031,851) Transfers In/Out (60,108) (60,108) 5,372,994

Beginning Fund Balance 29,424,738 22,523,264 8,035,619

Ending Fund Balance 22,523,264 8,035,619 6,376,762

Assigned Ending Fund Balance (Includes 3% REU & Restricted Bal.) 11,400,963 6,033,696 6,376,762 Unassigned Ending Fund Balance 11,122,301 2,001,923 - Percent of Expenses for: Unassigned Ending Fund Balance 6.4% 1.2% 0.0%

Fund 17 Reserves 10,037,335 10,067,335 4,664,233 Total Reserve Percentage 11.90% 4.17% 3.04% Resilience & Recovery

NEXT: Budget Approval on June 23 Close the 2020-21 Books Report on or before September 15