NEWARK UNIFIED SCHOOL DISTRICT

Transcription

1 NEWARK UNIFIED SCHOOL DISTRICT 2013/2014 SECOND INTERIM FINANCIAL REPORT (Activity through January 31, 2014) March 18, 2014 BOARD OF EDUCATION Nancy Thomas, President Charles Mensinger, Vice-President Janet Crocker Ray Rodriguez Gary Stadler ADMINISTRATION Dr. David Marken, Superintendent Elaine Neilsen, Chief Business Official

2 NEWARK UNIFIED SCHOOL DISTRICT 2013/14 SECOND INTERIM REPORT TABLE OF CONTENTS Title Page Overview 1 4 General Fund, Revenue and Expenditure Assumptions 5 8 General Fund, Summary of Restricted and Unrestricted Programs 9 General Fund, Sources of Projected Revenue Chart 10 General Fund, Sources of Projected Expenditure Chart 11 General Fund without Special Education and Categorical Programs 12 General Fund, Special Education 13 General Fund, Categorical Programs 14 General Fund, Multi Year Projections Adult Education Fund (Fund 11) 20 Child Development Fund (Fund 12) 21 Cafeteria Fund (Fund 13) 22 Deferred Maintenance Fund (Fund 14) 23 Special Reserve Fund for Other than Capital Outlay (Fund 17) 24 Building Fund (Fund 21) 25 Capital Facilities Fund (Fund 25) 26 Special Reserve Fund for Capital Projects (Fund 40) 27 Bond Interest and Redemption Fund (Fund 51) 28 Postemployment Benefits Self Insurance Fund (Fund 67) 29 Property and Liability Self Insurance Fund (Fund 68) 30 State Reporting Format S1 S127

3 OVERVIEW The City of Newark is located in, and is home to over 40,000 people. This 150 year-old community is situated at the southeastern edge of the San Francisco Bay directly off of Interstate I-880 and Highway 84. With its close proximity to San Jose and San Francisco, Newark residents have easy access to the benefits of big city life, while offering the comfort and safety of a small town atmosphere. Newark Unified School District is comprised of eight elementary schools, two alternative high schools, one junior high and one comprehensive high school. Although each school has its own individual approach to education, all of the schools maintain a shared commitment to providing students with a world class education based on a strong liberal arts foundation and centered on the district s core values, producing academically skilled and community-minded students with a wide array of post-high school educational and career options. Mission Statement The Newark Public Schools inspire and educate all students to achieve their full potential and be responsible, respectful, productive citizens. Vision Statement The Newark Public Schools, in partnership with the community, will be a model of world-class education that develops the unique abilities of every student. District Goals 1. Maximize Student Learning We will maximize learning through powerful teaching, effective instructional strategies and relevant. We will cultivate an exceptional learning community where all students are engaged in their learning, challenged to strive for excellence, and achieving their fullest potential. Evidenced by: Each school meeting its API growth targets. Continuous refinement of our collaborative use of data and ongoing reflection to improve instructional practice and learning outcomes (Professional Learning Community). Support for the systems and structures that build teacher capacity and develop leadership. Opportunities for parents/guardians and the community to understand and participate in our professional learning communities and support student learning. Increase the percentage of underserved students performing at proficient or advanced by 5%. Identify and infuse 21 st Century learning skills into the instructional program. 2. Safe and Nurturing Learning Environment We will provide a safe and nurturing environment that promotes the social, emotional, physical, and intellectual health and growth of every student and every adult. Evidenced by: Creating and maintaining a physical environment that support and enhances the intellectual advancement of all members of the learning community. Adopting appropriate instructional materials, provide differentiated instruction, and provide strategic and intensive interventions to support the social, emotional, and intellectual health and growth of every student. Providing alternative program opportunities for students who require a non-traditional learning environment. Promote acceptance, respect, and appreciation of all individuals within our extended diverse learning community. 1

4 Providing a variety of child welfare and related services to promote positive social interactions and individual decision making. Increase efficiency of maintenance, grounds and operations. Plan and conduct expanded district wide disaster drills that involve the city and county. 3. Human Resources Support We will recruit, develop and maintain an exceptional learning community of professional employees. We will evaluate personnel with a focus on student learning. Evidenced by: Expanding District participation in job recruitment opportunities. Providing comprehensive professional development programs to support all employees. Attracting and retaining employees through fair compensation and opportunities for professional growth. Building a professional community of employees that attract, supports and appreciates the diversity of all. Build positive relationships with employee associations, NTA, CSEA and NEWMA. 4. Financial Stability Support We will provide the resources needed to maximize learning for every student while building a 5% reserve. Evidenced by: Support the educational plan to ensure student learning. Provide funding for professional learning for all employee groups. Developing and monitoring multi-year financial projections to ensure that the district maintains a Positive Certification and prioritizes fiscal resources. Annual adoption of a balanced budget. Reestablish 3% reserve. 5. Communication We will effectively communicate with teachers, support staff, leaders, parents and students and community in order to develop and maintain a positive image of the district as measured by the results of the annual Community Climate Survey, Evidenced by: Following established protocols, Board Policies and Administrative Regulations for communication. Effective and efficient communication which is timely, transparent, explicit, professional and confidential when appropriate. Continue to improve the district image. Build a culture of quality, equity and respect. 6. Facilities Support We will provide facilities that improve and enhance students learning as measured by completion and implementation of school/district plans and results from the annual Community Climate Survey. Evidenced by: Determine/implement Priority One campus facilities improvement (Measure G). Identify future facilities needs throughout the district. 2

5 7. Technology Support We will provide effective and innovative technology applications and systems that enhance student learning as measured by annual increases in the percentage of teachers, support staff, administration trained proficient and using technology in the classroom or workspace. Evidenced by: Align teacher and staff professional development that enhances student learning. Enhance access and plan for replacement of technology at all sites and the district office. Update the district network infrastructure and services to meet instructional and business needs. 8. Governance We will support the success of district goals as a Governance teacm by providing resources for their implementation and monitoring their accomplishment. Evidenced by: Governance Team members will fulfill their main responsibilities as outlined in the Governance Handbook The Governance Team will make the year for developing a long range district strategic plan Governance Team members will listen to members of the community and represent their needs; they will work to establish positive relationships with city leaders. Conflicts between Board members, or members and the superintendent, will be confronted and quickly handled by following the Resolving Governance Team Interactions protocol. The Governance Team will strive for open, clear communication with one another, with staff, and with the community Organizational Core Beliefs We will always operate with the highest ethical standards and fairness in our dealings with our Board, colleagues, students, district employees, parents and community members. We believe: our first responsibility is to provide all students with a quality education that challenges them and enables them to achieve their full potential. each student has a right to an environment that is emotionally nurturing, physically safe and intellectually stimulating. student success is the shared responsibility of district employees, parents, students and the community; that we all have an obligation to promote excellence in education. district leadership is responsible for setting goals, establishing expectations, measuring success and maximizing academic delivery to students. our district must be financially stable and must maintain adequate reserves for economic uncertainty. We believe public education offers the best assurance of the continuations of a viable democracy. When we honor these responsibilities and operate by these principles and beliefs, the children of Newark will be better served. 3

6 Human Relations and Respect Mission Statement Students, staff, parents and community members of the Newark Unified School District shall join together to create and sustain a safe, just and respectful learning environment where everyone will be treated with dignity, respect, fairness and equity. Human Relations Standards The District: shall promote positive human relations, value differences, and recognize similarities by learning, teaching and practicing acceptance, understanding, awareness and inclusion of all individuals within the school community. shall create learning opportunities for all individuals to develop empathy for those whose unique life experiences are different than their own. shall establish ongoing education, outreach and community action opportunities for students, staff, parents and community. shall provide for the inclusion of diversity education within the Pre-K-12 school curriculum; including, but not limited to, ethnicity, race, national origin, immigrant status, religion, gender, sexual orientation, language, age, sexual identity, physical or mental characteristic or ability, political affiliation, and marital or parental status. shall ensure the safety and security of all members of the school community by responding swiftly should demeaning or threatening comments or behavior occur, and providing resources and safe places at school where issues can be discussed and questions asked. shall encourage, develop and nurture collaborative relationships that provide ongoing community support to all students, families and staff. Budget Revision Requirement Education Code Section states that: The superintendent of each school district shall, in addition to any other powers and duties granted to or imposed upon him or her, submit two reports to the governing board of the district during each fiscal year. The first report shall cover the financial and budgetary status of the district for the period ending October 31. The second report shall cover the period ending January 31. Both reports shall be approved by the district governing board no later than 45 days after the close of the period being reported. All reports required by this subdivision shall be in a format or on forms prescribed by the Superintendent of Public Instruction, and shall be based on standards and criteria for fiscal stability adopted by the State Board of Education pursuant to Section The reports, and supporting data, shall be maintained and made available by the school district for public review. 4

7 GENERAL FUND SUMMARY OF RESTRICTED AND UNRESTRICTED PROGRAMS

8 GENERAL FUND FUND 01 PURPOSE: The General Fund is used to account for the ordinary operations of the school district. All expenditures except those required by law to be in another fund are accounted for in this fund. This includes regular and special education instruction, administration, maintenance and operations, and other non-state and federally supported programs. The Textbook Fund is consolidated into the General Fund and is established to account for funds from the state to purchase state approved textbooks. ASSUMPTIONS: Revenue: a) Enrollment for 2013/14 is 6,294, a decrease of 164 pupils (previous projected at 6,458) from budget adoption. b) Average Daily Attendance ( ADA ) is revised currently projected at 6, (previously projected at 6,042.76). This is the attendance rate equivalent to 97% of the enrollment. c) The state allows declining enrollment districts to utilize the prior year ADA or current year ADA, whichever is larger. Newark is in declining enrollment and is utilizing the 2012/13 Period 2 ADA of 6, in calculating the Local Control Funding income. d) Assembly Bill (AB) 97 is the most sweeping revision to California s school finance system since SB 90 more than 40 years ago. The Local Control Funding Formula (LCFF) is designed to close the achievement gap. a. Old Revenue Limit System: i. Unrestricted funds received through Revenue Limits 1. Few, if any, spending restrictions. ii. Restricted funds received through many categorical programs 1. Many and varied spending requirements. 5

9 b. LCFF System i. Equal base grants per pupil for four grade spans the same for all students at all school districts and charter schools. ii. Targeted supplemental and concentration funding based upon fixed percentages of the base grant amounts per pupil. K Base Grant per ADA $6,952 $7,056 $7,266 $8,419 K-3 Class Reduction $723 Career Tech Education $229 Total Base Grant $7,675 $7,056 $7,266 $8,648 Supplemental Grant $913 $839 $864 $1,027 Concentration Grant $172 $158 $162 $193 e) The New LCFF funding is estimated to close the gap between funding level and LCFF fell implementation targets by 11.78%. f) Federal Categorical Program revenues are projected with carryover and entitlements as report on the Consolidated Application. g) Medi-Cal Administrative Activities (MAA) revenue is still conservatively budgeted based on prior year reimbursements. h) Funding for Lottery is budgeted at $ for Unrestricted and $30.00 for Restricted (Proposition 20) per ADA, as recommended by Office of Education and School Services of California. i) The net decrease in State Revenues is due to carryover and the elimination of Categorical programs in to the LCFF. j) Interest Income is projected at 0.50%, as recommended by Office of Education. k) State Special Education revenues, under Assembly Bill 602, are updated per Mission Valley SELPA s allocation projection. l) The net increase in Local Revenues is due to receipt of miscellaneous carryover, local grants and donations. m) The Board of Education approved Resolution No at the February 3, 2009 Board Meeting for designating available fund balance from other funds to be available for transfer, if needed, in support of Fund 01 General Fund s ending fund balance and statutory reserves for economic uncertainty. 6

10 n) Interfund Transfer-In to the General Fund is adjusted and projected at $1,250,000 to address the following: Child Care repayment of prior year contribution $0 No transfer from Fund 17 $0 General Obligation Bond Election Costs from Fund 40 $1,250,000 Total $1,250,000 Expenditures: a) Step and column increases are fully budgeted for all eligible employees. b) Budgets have been adjusted for the projection for salary for Newark Teachers Association (NTA) and Newark Management Association (NEWMA) bargaining units in 2013/14. c) The District and the Newark Teachers Association (NTA) and the California School Employees Association (CSEA) are in negotiations at this time. d) The cost of Newark Management and Confidential employees has been budgeted. e) The cost of 1% of General Fund salaries and benefits is $422,666 (NTA $302,399, CSEA $70,993, NEWMA $49,274). f) Class Size ratios: a. K-3 grade levels is 27:1. b grade levels is 31:1 g) Mandatory Employee Benefits: Employee Benefit Rate Employee Benefit Rate STRS Retirement 8.25% PERS Retirement % FICA 6.20% Medicare 1.45% Alternative Retirement 3.75% State Unemployment Ins 0.20% Workers Compensation 2.43% Retiree Benefits 2.30% h) The net increase in Books and Supplies, and Services and Other Operating Expenses is due to carryover and budget revision per school/department plan. i) The net decrease in Other Outgo is due to budget revision per school/department plan. 7

11 j) Indirect Cost is budgeted at 5.16%. k) Interfund Transfer Out is $126,940. l) The Board of Education understands its fiduciary responsibility to maintain fiscal solvency for the current and subsequent two fiscal years. The purpose of the plan is to outline the existing conditions and the opportunities the district has to align its budget with the change in fiscal resources that are available. 8

12 NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , SECOND INTERIM REPORT ACTUAL ADOPTED BUDGET FIRST INTERIM SECOND INTERIM INCREASE/ (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 34,025,993 66% 34,913,052 68% 43,609,736 80% 43,551,245 79% (58,491) FEDERAL REVENUE 2,537,428 5% 2,413,536 5% 3,115,503 6% 3,096,037 6% (19,466) OTHER STATE REVENUE 10,536,051 20% 10,267,178 20% 3,488,812 6% 3,552,387 6% 63,575 OTHER LOCAL REVENUE 4,311,919 8% 3,722,474 7% 4,453,206 8% 4,616,487 8% 163,281 TOTAL REVENUES 51,411, % 51,316, % 54,667, % 54,816, % 148,899 B. EXPENDITURES CERTIFICATED SALARIES 28,050,492 55% 29,802,248 58% 28,774,881 53% 30,419,284 55% 1,644,403 CLASSIFIED SALARIES 7,809,482 15% 7,875,189 15% 8,036,351 15% 8,162,030 15% 125,679 EMPLOYEE BENEFITS 7,926,771 15% 7,999,975 16% 7,775,167 14% 8,052,701 15% 277,534 BOOKS AND SUPPLIES 1,580,887 3% 1,608,260 3% 2,819,960 5% 3,408,855 6% 588,895 SERVICES/OPERATING EXP. 6,165,744 12% 6,233,262 12% 7,589,543 14% 8,044,641 15% 455,098 CAPITAL OUTLAY 7,621 0% 0 0% 15,994 0% 15,994 0% 0 OTHER OUTGO 1,575,939 3% 1,169,004 2% 1,108,207 2% 1,157,467 2% 49,260 DIRECT SUPPORT/INDIRECT COST (144,908) 0% (163,375) 0% (163,375) 0% (163,375) 0% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 52,972, % 54,524, % 55,956, % 59,097, % 3,140,869 C. EXCESS (DEFICIENCY) OF REVENUES (1,560,637) -3% (3,208,323) -6% (1,289,471) -2% (4,281,441) -8% (2,991,970) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 100,000 0% 1,250,000 2% 1,250,000 2% 1,250,000 2% 0 TRANSFERS OUT 73,372 0% 100,000 0% 108,394 0% 126,940 0% 18,546 26,628 0% 1,150,000 2% 1,141,606 2% 1,123,060 2% (18,546) E. NET INCREASE (DECREASE) (1,534,009) (2,058,323) (147,865) (3,158,381) (3,010,516) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 7,586,124 4,817,737 6,052,115 6,052,115 0 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 7,586,124 4,817,737 6,052,115 6,052,115 0 d) Audit Adjustment e) Net Beginning Balance 7,586,124 4,817,737 6,052,115 6,052, G. ENDING FUND BALANCE 6,052,115 2,759,414 5,904,250 2,893,734 (3,010,516) COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash 25,000 25,000 25,000 25,000 0 Stores 48,265 78,597 48,265 48,265 0 Prespaid Expenses Restricted Programs 623, ,339, ,892 (606,708) b) Designated Amounts Economic Uncertainties 1,589,161 1,635,737 1,681,954 1,776,737 94,783 Other Designations 1,971,949 1,020,080 1,681, ,840 (1,371,114) c) Undesignated Amount 1,794, ,127,477 0 (1,127,477) 9

13 PROJECTED REVENUES GENERAL FUND SECOND INTERIM REPORT Other Local Revenue 8% Transfers In 2% Other State Revenue 6% Federal Revenue 6% Local Control Funding 78% 10

14 PROJECTED EXPENDITURES GENERAL FUND SECOND INTERIM REPORT Services/Operating Expenditures 13% Other Outgo 2% Capital Outlay 0% Transfer Out 0% Book & Supplies 6% Employee Benefits 14% Classified Salaries 14% Certificated Salaries 51% 11

15 GENERAL FUND WITHOUT SPECIAL EDUCATION AND CATEGORICAL PROGRAMS

16 NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , UNRESTRICTED ACTUAL ADOPTED BUDGET FIRST INTERIM SECOND INTERIM INCREASE/ (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 32,224,223 78% 33,211,133 79% 43,392,871 95% 43,343,322 95% (49,549) FEDERAL REVENUE 9,731 0% 150,202 0% 150,202 0% 150,202 0% 0 OTHER STATE REVENUE 8,188,932 20% 7,921,105 19% 1,192,817 3% 1,134,094 2% (58,723) OTHER LOCAL REVENUE 764,824 2% 649,828 2% 1,050,252 2% 1,094,138 2% 43,886 TOTAL REVENUES 41,187, % 41,932, % 45,786, % 45,721, % (64,386) B. EXPENDITURES CERTIFICATED SALARIES 22,521,207 55% 24,023,478 57% 23,635,409 52% 24,888,048 54% 1,252,639 CLASSIFIED SALARIES 5,172,940 13% 5,332,850 13% 5,602,345 12% 5,673,026 12% 70,681 EMPLOYEE BENEFITS 5,858,265 14% 5,939,497 14% 5,873,685 13% 6,104,834 13% 231,149 BOOKS AND SUPPLIES 867,334 2% 984,737 2% 1,342,692 3% 1,663,685 4% 320,993 SERVICES/OPERATING EXP. 2,719,866 7% 2,981,709 7% 3,386,450 7% 3,590,483 8% 204,033 CAPITAL OUTLAY 7,621 0% 0 0% 15,994 0% 15,994 0% 0 OTHER OUTGO 1,573,823 4% 1,169,004 3% 1,108,207 2% 1,157,467 3% 49,260 DIRECT SUPPORT/INDIRECT COST (883,525) -2% (727,463) -2% (667,997) -1% (758,285) -2% (90,288) DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 37,837,531 92% 39,703,812 96% 40,296,785 98% 42,335,252 93% 2,038,467 C. EXCESS (DEFICIENCY) OF REVENUES 3,350,179 8% 2,228,456 5% 5,489,357 12% 3,386,504 7% (2,102,853) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 100,000 0% 1,250,000 3% 1,250,000 3% 1,250,000 3% 0 TRANSFERS OUT 73,372 0% 100,000 0% 108,394 0% 126,940 0% 18,546 CONTRIBUTION FROM UNRESTRICTED (4,697,350) -11% (5,436,779) -13% (7,494,796) -16% (7,777,205) -17% (282,409) (4,670,722) -11% (4,286,779) -10% (6,353,190) -14% (6,654,145) -15% (300,955) E. NET INCREASE (DECREASE) (1,320,543) (2,058,323) (863,833) (3,267,641) (2,403,808) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 6,749,026 4,817,737 5,428,483 5,428,483 0 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 6,749,026 4,817,737 5,428,483 5,428,483 0 d) Audit Adjustment e) Net Beginning Balance 6,749,026 4,817,737 5,428,483 5,428,483 0 G. ENDING FUND BALANCE 5,428,483 2,759,414 4,564,650 2,160,842 (2,403,808) COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash 25,000 25,000 25,000 25,000 0 Stores 48,265 78,597 48,265 48,265 0 Prespaid Expenses Restricted Programs b) Designated Amounts Economic Uncertainties 1,589,161 1,635,737 1,681,954 1,776,737 94,783 Other Designations 1,971, ,681, ,840 (1,371,114) c) Undesignated Amount 1,794,108 1,020,080 1,127,477 0 (1,127,477) 12

17 GENERAL FUND SPECIAL EDUCATION PROGRAMS

18 Special Education NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , SPECIAL EDUCATION PROGAMS ADOPTED FIRST SECOND INCREASE/ ACTUAL BUDGET INTERIM INTERIM (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 1,293,751 21% 1,185,007 20% 216,865 5% 207,923 4% (8,942) FEDERAL REVENUE 1,230,196 20% 1,158,333 19% 1,162,317 25% 1,145,851 24% (16,466) OTHER STATE REVENUE 716,107 11% 712,689 12% 402,719 9% 394,884 8% (7,835) OTHER LOCAL REVENUE 3,051,563 49% 2,951,516 49% 2,955,280 62% 2,995,285 63% 40,005 TOTAL REVENUES 6,291, % 6,007, % 4,737, % 4,743, % 6,762 B. EXPENDITURES CERTIFICATED SALARIES 3,527,062 56% 4,030,266 67% 3,877,473 82% 4,016,842 85% 139,369 CLASSIFIED SALARIES 1,772,573 28% 1,823,631 30% 1,776,098 37% 1,814,072 38% 37,974 EMPLOYEE BENEFITS 1,434,208 23% 1,490,091 25% 1,448,873 31% 1,455,901 31% 7,028 BOOKS AND SUPPLIES 56,806 1% 67,610 1% 73,431 2% 70,563 1% (2,868) SERVICES/OPERATING EXP. 2,483,744 39% 2,189,529 36% 2,700,244 57% 2,706,528 57% 6,284 CAPITAL OUTLAY 0 0% 0 0% 0 0% 0 0% 0 OTHER OUTGO 0 0% 0 0% 0 0% 0 0% 0 DIRECT SUPPORT/INDIRECT COST 542,230 9% 422,322 7% 403,998 9% 405,631 9% 1,633 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 9,816, % 10,023, % 10,280, % 10,469, % 189,420 C. EXCESS (DEFICIENCY) OF REVENUES (3,525,006) -56% (4,015,904) -67% (5,542,936) -117% (5,725,594) -121% (182,658) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 0 0% 0 0% 0 0% 0 0% 0 TRANSFERS OUT 0 0% 0 0% 0 0% 0 0% 0 CONTRIBUTION FROM UNRESTRICTED 3,271,956 52% 4,015,904 67% 5,542, % 5,725, % 182,658 3,271,956 52% 4,015,904 67% 5,542, % 5,725, % 182,658 E. NET INCREASE (DECREASE) (253,050) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 253, b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 253, d) Audit Adjustment e) Net Beginning Balance 253, G. ENDING FUND BALANCE COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores Prespaid Expenses Restricted Programs b) Designated Amounts Economic Uncertainties Other Designations c) Undesignated Amount

19 GENERAL FUND CATEGORICAL PROGRAMS

20 Categorical Programs NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , CATEGORICAL PROGRAMS WITHOUT SPECIAL EDUCATION ADOPTED FIRST SECOND INCREASE/ ACTUAL BUDGET INTERIM INTERIM (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 508,019 13% 516,912 15% 0 0% 0 0% 0 FEDERAL REVENUE 1,297,501 33% 1,105,001 33% 1,802,984 44% 1,799,984 41% (3,000) OTHER STATE REVENUE 1,631,012 41% 1,633,384 48% 1,893,276 46% 2,023,409 47% 130,133 OTHER LOCAL REVENUE 495,531 13% 121,130 4% 447,674 11% 527,064 12% 79,390 TOTAL REVENUES 3,932, % 3,376, % 4,143, % 4,350, % 206,523 B. EXPENDITURES CERTIFICATED SALARIES 2,002,224 51% 1,748,504 52% 1,261,999 30% 1,514,394 35% 252,395 CLASSIFIED SALARIES 863,970 22% 718,708 21% 657,908 16% 674,932 16% 17,024 EMPLOYEE BENEFITS 634,297 16% 570,387 17% 452,609 11% 491,966 11% 39,357 BOOKS AND SUPPLIES 656,747 17% 555,913 16% 1,403,837 34% 1,674,607 38% 270,770 SERVICES/OPERATING EXP. 962,133 24% 1,062,024 31% 1,502,849 36% 1,747,630 40% 244,781 CAPITAL OUTLAY 0 0% 0 0% 0 0% 0 0% 0 OTHER OUTGO 2,115 0% 0 0% 0 0% 0 0% 0 DIRECT SUPPORT/INDIRECT COST 196,388 5% 141,766 4% 100,624 2% 189,279 4% 88,655 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 5,317, % 4,797, % 5,379, % 6,292, % 912,982 C. EXCESS (DEFICIENCY) OF REVENUES (1,385,811) -35% (1,420,875) -42% (1,235,892) -30% (1,942,351) -45% (706,459) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 0 0% 0 0% 0 0% 0 0% 0 TRANSFERS OUT 0 0% 0 0% 0 0% 0 0% 0 CONTRIBUTION FROM UNRESTRICTED 1,425,394 36% 1,420,875 42% 1,951,860 47% 2,051,611 47% 99,751 1,425,394 36% 1,420,875 42% 1,951,860 47% 2,051,611 47% 99,751 E. NET INCREASE (DECREASE) 39, , ,260 (606,708) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 584, , ,632 0 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 584, , ,632 0 d) Audit Adjustment e) Net Beginning Balance 584, , ,632 0 G. ENDING FUND BALANCE 623, ,339, ,892 (606,708) COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores Prespaid Expenses Restricted Programs 623, ,339, ,892 (606,708) b) Designated Amounts Economic Uncertainties Other Designations c) Undesignated Amount

21 GENERAL FUND MULTI-YEAR PROJECTIONS

22 NEWARK UNIFIED SCHOOL DISTRICT ASSUMPTIONS FOR MULTI-YEAR PROJECTIONS The following assumptions were made in developing the Multi-Year Projections. The purpose is to determine if the district will be able to meet its commitment for the current year and the subsequent two years. REVENUES: a) Enrollment for 2013/14 has decreased from a projected 6,458 to 6,294. This is an decrease of 164 students. Projected enrollment for 2014/15 and 2015/16 (using the cohort method) are 6,205 and 6,083 respectively. b) Average Daily Attendance (ADA) for 2013/14 is currently projected at 6, This is equivalent to 97.00% of 20013/14 enrollment. Due to declining enrollment, the state allows districts to utilize prior year ADA for calculating the Local Control Funding (LCFF) income. The district s prior year ADA is 6, used in calculating the 2013/14 LCFF. c) The LCFF income for the year 2014/15 and 2015/16 is based on a projected ADA of 5, and 5, respectively. This is also equivalent to 97.00% attendance rate. d) The planning increase for LCFF base in 2013/14 is currently projected at 1.57%. e) The recommended planning increase for the LCFF base is 0.86% for 2014/15 and 2.20% for 2015/16. f) The unduplicated percentage for the supplemental and concentration LCFF calculation is 59.47% for 2013/14, 59.47% for 2014/15, and 59.47% for 2015/16. g) The LCFF funding is estimated to close the gap between the funding level and LCFF implementation targets by 11.78% in , by 28.05% in , and by 33.95% in h) Federal Categorical Program revenues are projected without COLA for the 2 subsequent years. While the budget for these funds in includes carryover of unspent funds from ( i.e. Title I, Title II and Title III LEP), the subsequent years budgets represent only our estimate of Federal entitlements and grants for those years. i) State Categorical Program revenues are projected with COLA of 1.80% in 2014/15 and 2.20% in 2015/16. While the budget for these funds in includes carryover of unspent funds from ( i.e. EIA), the subsequent years budgets represent only our estimate of State entitlements and grants for those years. j) Special Education funding under AB602 is projected with a COLA of 1.80% for 2014/15 and 2.20% for 2015/16. k) Miscellaneous local revenues are projected to decrease for 2014/15. While the budget for these funds in includes carryover of unspent funds from the subsequent years budgets represent only our estimate of Local grants and donations for those years. 15

23 l) The Board of Education approved Resolution No at the February 3, 2009 Board Meeting for designating available fund balance from other funds to be available for transfer, if needed, in support of the ending fund balance and statutory reserves for economic uncertainty. The transfer from Fund 17 is to be paid back from future General Fund budgets. m) Interfund Transfer-In to the General Fund is projected at $1,250,000 for the budget year to address the following: 2013/ / /16 Child Care repayment of prior year contribution $0 $0 $0 Balance budget from Fund 17 $1,250,000 $1,500,000 $0 Total $1,250,000 $1,500,000 0 * EXPENDITURES: a) Salaries and mandatory benefits have been increased for Step and Column changes. b) The cost of 1% of General Fund salaries and benefits is $422,666 (NTA $302,399, CSEA $70,993, NEWMA $49,274) c) Books and Supplies are projected to decrease in 2014/15 due to the elimination of carryover of unspent funds from prior year d) Utility costs are projected to decrease by approximately 5.0% per year for 2014/15 and 2015/16. e) Other Outgo in 2014/15 is the same amount, these funds are transferred to Mission Valley ROP and the BTSA Regional Program. f) Indirect Cost is projected to be 5.16% for 2014/15 and 2015/16. g) In submitting the 2013/14 Second Interim Report, the Board of Education understands its fiduciary responsibility to maintain fiscal solvency for the current and subsequent two fiscal years. The purpose of the budget is to outline the existing conditions and the opportunities the district has to align its budget with the change in fiscal resources available. *The planning increase is projected using budget explorer and the LCFF Calculator, provided by Fiscal Crisis and Management Assistance Team (FCMAT). 16

24 Unrestricted/Restricted NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , Multi-Year Projection, UNRESTRICTED & RESTRICTED ADOPTED REVISED PROJECTED PROJECTED BUDGET BUDGET BUDGET BUDGET A. REVENUES REVENUE LIMIT SOURCES 34,913,052 68% 43,551,245 79% 46,455,197 85% 49,092,085 86% FEDERAL REVENUE 2,413,536 5% 3,096,037 6% 2,391,137 4% 2,391,137 4% OTHER STATE REVENUE 10,267,178 20% 3,552,387 6% 2,000,755 4% 1,993,604 3% OTHER LOCAL REVENUE 3,722,474 7% 4,616,487 8% 3,823,603 7% 3,800,087 7% TOTAL REVENUES 51,316, % 54,816, % 54,670, % 57,276, % B. EXPENDITURES CERTIFICATED SALARIES 29,802,248 58% 28,776,667 52% 30,419,284 56% 30,830,563 54% NTA NTA Tentative Agreement 900, ,134 0 Step Increases 0 435, ,638 One-Time Payments to Retirees 478,182 (478,182) 0 Program Changes (Hourly) 180,222 (36,073) (16,598) Program Changes, Program Improvement 0 (103,046) 0 COMMON CORE IMPLEMENTATION 0 0 (169,741) ADMIN COLA 84,199 43,960 0 Step Increases 0 35,383 27,722 Program Changes ,419,284 30,830,563 31,093,584 CLASSIFIED SALARIES 7,875,189 15% 8,091,140 15% 8,162,030 15% 8,144,622 14% CSEA COLA Step Increases 0 46,467 35,385 Program Changes (Hourly) 15,911 (104,560) (399) ADMIN COLA 54,979 24,529 0 Step Increases 0 16,156 9,754 Program Changes (Hourly) ,162,030 8,144,622 8,189,362 EMPLOYEE BENEFITS 7,999,975 16% 8,052,701 15% 8,111,695 15% 8,158,765 14% BOOKS AND SUPPLIES 1,608,260 3% 3,408,855 6% 1,931,032 4% 1,466,574 3% SERVICES/OPERATING EXP. 6,233,262 12% 8,044,641 15% 7,332,211 13% 7,408,488 13% CAPITAL OUTLAY 0 0% 15,994 0% 5,994 0% 5,994 0% OTHER OUTGO 1,169,004 2% 1,157,467 2% 771,123 1% 771,123 1% DIRECT SUPPORT/INDIRECT COS (163,375) 0% (163,375) 0% (163,375) 0% (163,375) 0% DEBT SERVICE 0 0% 0 0% 0 0% 0 0% TOTAL EXPENDITURES 54,524, % 59,097, % 56,963, % 56,930,515 99% C. EXCESS (DEFICIENCY) OF REVENUES (3,208,323) -6% (4,281,441) -8% (2,293,173) -4% 346,398 1% OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 1,250,000 2% 1,250,000 2% 1,500,000 3% 0 0% TRANSFERS OUT 100,000 0% 126,940 0% 130,456 0% 134,022 0% CONTRIBUTIONS 0 0% 0 0% 0 0% 0 0% 1,150,000 2% 1,123,060 2% 1,369,544 3% (134,022) 0% E. NET INCREASE (DECREASE) (2,058,323) (3,158,381) (923,629) 212,376 IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 4,817,737 6,052,115 2,893,734 1,970,105 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 4,817,737 6,052,115 2,893,734 1,970,105 d) Audit Adjustment e) Net Beginning Balance 4,817,737 6,052,115 2,893,734 1,970,105 G. ENDING FUND BALANCE 2,759,414 2,893,734 1,970,105 2,182,481 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash 25,000 25,000 25,000 25,000 Stores 78,597 48,265 48,265 48,265 Restricted Programs 0 732,892 55,555 68,019 b) Designated Amounts Economic Uncertainties 1,635,737 1,776,737 1,712,830 1,711,936 Other Designations 1,020, , , ,261 c) Undesignated Amount

25 Unrestricted NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , MULTI-YEAR REPORT, UNRESTRISTED ADOPTED REVISED PROJECTED PROJECTED BUDGET BUDGET BUDGET BUDGET A. REVENUES REVENUE LIMIT SOURCES 33,211,133 79% 43,343,322 95% 46,247,274 96% 48,884,162 97% FEDERAL REVENUE 150,202 0% 150,202 0% 150,202 0% 150,202 0% OTHER STATE REVENUE 7,921,105 19% 1,134,094 2% 884,745 2% 868,326 2% OTHER LOCAL REVENUE 649,828 2% 1,094,138 2% 713,566 1% 713,881 1% TOTAL REVENUES 41,932, % 45,721, % 47,995, % 50,616, % B. EXPENDITURES CERTIFICATED SALARIES 24,023,478 57% 23,621,743 52% 24,888,048 52% 25,243,696 50% NTA NTA Tentative Agreement 736, ,137 0 Step Increases 0 342, ,180 One-Payment to Retirees 478,182 (478,182) 0 Program Changes (Hourly) (24,349) (7,536) 0 Program Changes, Program Improvement Common Core Implementation ADMIN COLA 76,036 40,784 0 Step Increases 0 31,655 25,733 Progran Changes ,888,048 25,243,696 25,604,609 CLASSIFIED SALARIES 5,332,850 13% 5,618,426 12% 5,673,026 12% 5,715,973 11% CSEA COLA Step Increases 0 25,885 17,930 Program Changes (Hourly) 10,130 (19,895) 0 ADMIN COLA 44,470 24,529 0 Step Increases 0 12,428 7,764 Program Changes (Hourly) ,673,026 5,715,973 5,741,667 EMPLOYEE BENEFITS 5,939,497 14% 6,104,834 13% 6,164,896 13% 6,222,241 12% BOOKS AND SUPPLIES 984,737 2% 1,663,685 4% 939,686 2% 942,458 2% SERVICES/OPERATING EXP. 2,981,709 7% 3,590,483 8% 3,432,252 7% 3,470,334 7% CAPITAL OUTLAY 0 0% 15,994 0% 5,994 0% 5,994 0% OTHER OUTGO 1,169,004 3% 1,157,467 3% 771,123 2% 771,123 2% DIRECT SUPPORT/INDIRECT COST (727,463) -2% (758,285) -2% (728,724) -2% (699,455) -1% DEBT SERVICE 0 0% 0 0% 0 0% 0 0% TOTAL EXPENDITURES 39,703,812 95% 42,335, % 41,544,896 99% 42,058,971 83% C. EXCESS (DEFICIENCY) OF REVENUES 2,228,456 5% 3,386,504 7% 6,450,891 13% 8,557,600 17% OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 1,250,000 3% 1,250,000 3% 1,500,000 3% 0 0% TRANSFERS OUT 100,000 0% 126,940 0% 130,456 0% 134,022 0% CONTRIBUTIONS (5,436,779) -13% (7,777,205) -17% (8,066,727) -17% (8,223,666) -16% (4,286,779) -10% (6,654,145) -15% (6,697,183) -14% (8,357,688) -17% E. NET INCREASE (DECREASE) (2,058,323) (3,267,641) (246,292) 199,912 IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 4,817,737 5,428,483 2,160,842 1,914,550 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 4,817,737 5,428,483 2,160,842 1,914,550 d) Audit Adjustment e) Net Beginning Balance 4,817,737 5,428,483 2,160,842 1,914,550 G. ENDING FUND BALANCE 2,759,414 2,160,842 1,914,550 2,114,462 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash 25,000 25,000 25,000 25,000 Stores 78,597 48,265 48,265 48,265 Restricted Programs b) Designated Amounts Economic Uncertainties 1,635,737 1,776,737 1,712,830 1,711,936 Other Designations 1,020, , , ,261 c) Undesignated Amount

26 Restricted NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , Multi-Year Projection, RESTRICTED ADOPTED REVISED PROJECTED PROJECTED BUDGET BUDGET BUDGET BUDGET A. REVENUES REVENUE LIMIT SOURCES 1,701,919 18% 207,923 2% 207,923 3% 207,923 3% FEDERAL REVENUE 2,263,334 24% 2,945,835 32% 2,240,935 34% 2,240,935 34% OTHER STATE REVENUE 2,346,073 25% 2,418,293 27% 1,116,010 17% 1,125,278 17% OTHER LOCAL REVENUE 3,072,646 33% 3,522,349 39% 3,110,037 47% 3,086,206 46% TOTAL REVENUES 9,383, % 9,094, % 6,674, % 6,660, % B. EXPENDITURES CERTIFICATED SALARIES 5,778,770 62% 5,154,924 57% 5,531,236 83% 5,586,867 84% NTA NTA Tentative Agreement 163,578 87,997 0 Step Increases 0 92,313 86,458 One-Time Payment to Retirees Program Changes (Hourly) 204,571 (28,537) (16,598) Program Changes, Program Improvement 0 (103,046) 0 Common Core Implementation 0 0 (169,741) ADMIN COLA 8,163 3,176 0 Step Increases 0 3,728 1,989 Program Changes ,531,236 5,586,867 5,488,975 CLASSIFIED SALARIES 2,542,339 27% 2,472,714 27% 2,489,004 37% 2,428,649 36% CSEA COLA Step Increases 0 20,582 17,455 Program Changes (Hourly) 5,781 (84,665) (399) ADMIN 0 COLA 10, Step Increases 0 3,728 1,990 Program Changes (Hourly) ,489,004 2,428,649 2,447,695 EMPLOYEE BENEFITS 2,060,478 22% 1,947,867 21% 1,946,799 29% 1,936,524 29% BOOKS AND SUPPLIES 623,523 7% 1,745,170 19% 991,346 15% 524,116 8% SERVICES/OPERATING EXP. 3,251,553 35% 4,454,158 49% 3,899,959 58% 3,938,154 59% CAPITAL OUTLAY 0 0% 0 0% 0 0% 0 0% OTHER OUTGO 0 0% 0 0% 0 0% 0 0% DIRECT SUPPORT/INDIRECT COST 564,088 6% 594,910 7% 565,349 8% 536,080 8% DEBT SERVICE 0 0% 0 0% 0 0% 0 0% TOTAL EXPENDITURES 14,820, % 16,762, % 15,418, % 14,871, % C. EXCESS (DEFICIENCY) OF REVENUES (5,436,779) -58% (7,667,945) -84% (8,744,064) -131% (8,211,202) -123% OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 0 0% 0 0% 0 0% 0 0% TRANSFERS OUT 0 0% 0 0% 0 0% 0 0% CONTRIBUTIONS 5,436,779 58% 7,777,205 86% 8,066, % 8,223, % 5,436,779 58% 7,777,205 86% 8,066, % 8,223, % E. NET INCREASE (DECREASE) 0 109,260 (677,337) 12,464 IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 0 623, ,892 55,555 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 0 623, ,892 55,555 d) Audit Adjustment e) Net Beginning Balance 0 623, ,892 55,555 G. ENDING FUND BALANCE 0 732,892 55,555 68,019 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores Restricted Programs 0 732,892 55,555 68,019 b) Designated Amounts Economic Uncertainties Other Designations c) Undesignated Amount

27 SPECIAL PURPOSE FUNDS

28 NEWARK UNIFIED SCHOOL DISTRICT ADULT EDUCATION, Fund 11 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , SECOND INTERIM REPORT ACTUAL ADOPTED BUDGET FIRST INTERIM SECOND INTERIM INCREASE/ (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 0 0% 0 0% 0 0% 0 0% 0 FEDERAL REVENUE 10,000 15% 10,000 14% 10,000 14% 10,000 14% 0 OTHER STATE REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER LOCAL REVENUE 58,711 85% 60,067 86% 61,268 86% 61,643 86% 375 TOTAL REVENUES 68, % 70, % 71, % 71, % 375 B. EXPENDITURES CERTIFICATED SALARIES 62,815 91% 62,714 90% 64,022 90% 61,204 85% (2,818) CLASSIFIED SALARIES 248 0% 48,222 69% 48,629 68% 48,629 68% 0 EMPLOYEE BENEFITS 6,423 9% 30,533 44% 30,133 42% 30,197 42% 64 BOOKS AND SUPPLIES 6,448 9% 6,983 10% 7,264 10% 8,111 11% 847 SERVICES/OPERATING EXP. 16,956 25% 17,963 26% 17,567 25% 21,532 30% 3,965 CAPITAL OUTLAY 0 0% 0 0% 0 0% 0 0% 0 OTHER OUTGO 0 0% 0 0% 0 0% 0 0% 0 DIRECT SUPPORT/INDIRECT COST 3,945 6% 8,024 11% 8,024 11% 8,024 11% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 96, % 174, % 175, % 177, % 2,058 C. EXCESS (DEFICIENCY) OF REVENUES (28,124) 0% (104,372) 0% (104,371) 0% (106,054) 0% (1,683) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 5,000 7% 100, % 100, % 101, % 1,170 TRANSFERS OUT 0 0% 0 0% 0 0% 0 0% 0 5,000 7% 100, % 100, % 101, % 1,170 E. NET INCREASE (DECREASE) (23,124) (4,372) (4,371) (4,884) (513) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 31,225 12,790 8,101 8,101 0 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 31,225 12,790 8,101 8,101 0 d) Audit Adjustment e) Net Beginning Balance 31,225 12,790 8,101 8,101 0 G. ENDING FUND BALANCE 8,101 8,418 3,730 3,217 (513) COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Restricted Programs b) Designated Amounts Economic Uncertainties Other Designations 8,101 8,418 3,730 3,217 (513) c) Undesignated Amount

29 NEWARK UNIFIED SCHOOL DISTRICT CHILD DEVELOPMENT, Fund 12 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , SECOND INTERIM REPORT ACTUAL ADOPTED BUDGET FIRST INTERIM SECOND INTERIM INCREASE / (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 0 0% 0 0% 0 0% 0 0% 0 FEDERAL REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER STATE REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER LOCAL REVENUE 660,130 0% 670,533 0% 678,215 0% 678,215 0% 0 TOTAL REVENUES 660,130 0% 670,533 0% 678,215 0% 678,215 0% 0 B. EXPENDITURES CERTIFICATED SALARIES 11,800 0% 62,281 0% 0 0% 0 0% 0 CLASSIFIED SALARIES 383,937 0% 349,292 0% 416,685 0% 430,142 0% 13,457 EMPLOYEE BENEFITS 188,382 0% 185,389 0% 191,848 0% 196,774 0% 4,926 BOOKS AND SUPPLIES 863 0% 2,495 0% 7,295 0% 7,351 0% 56 SERVICES/OPERATING EXP. 32,193 0% 38,174 0% 38,440 0% 37,377 0% (1,063) CAPITAL OUTLAY 0 0% 0 0% 0 0% 0 0% 0 OTHER OUTGO 0 0% 0 0% 0 0% 0 0% 0 DIRECT SUPPORT/INDIRECT COST 42,955 0% 32,902 0% 32,902 0% 32,902 0% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 660,130 0% 670,533 0% 687,170 0% 704,546 0% 17,376 C. EXCESS (DEFICIENCY) OF REVENUES 0 0% 0 0% (8,955) 0% (26,331) 0% (17,376) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 0 0% 0 0% 8,394 1% 25,770 4% 17,376 OTHER SOURCES 0 0% 0 0% 0 0% 0 0% 0 TRANSFERS OUT 0 0% 0 0% 0 0% 0 0% 0 0 0% 0 0% 8,394 0% 25,770 0% 17,376 E. NET INCREASE (DECREASE) 0 0 (561) (561) 0 IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated b) Unaudited Actual Adjustment c) As of July 1 - Unaudited d) Audit Adjustment e) Net Beginning Balance G. ENDING FUND BALANCE COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores b) Designated Amounts Economic Uncertainties Other Designations c) Undesignated Amount

30 NEWARK UNIFIED SCHOOL DISTRICT CHILD NUTRITION, Fund 13 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , SECOND INTERIM REPORT ACTUAL ADOPTED BUDGET FIRST INTERIM SECOND INTERIM INCREASE/ (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 0 0% 0 0% 0 0% 0 0% 0 FEDERAL REVENUE 1,810,623 74% 1,706,140 72% 1,706,140 71% 1,706,140 71% 0 OTHER STATE REVENUE 151,009 6% 145,721 6% 145,721 6% 145,721 6% 0 OTHER LOCAL REVENUE 490,091 20% 514,172 22% 540,926 23% 540,396 23% (530) TOTAL REVENUES 2,451, % 2,366, % 2,392, % 2,392, % (530) B. EXPENDITURES CERTIFICATED SALARIES 0 0% 0 0% 0 0% 0 0% 0 CLASSIFIED SALARIES 780,297 32% 825,666 35% 826,385 35% 847,655 35% 21,270 EMPLOYEE BENEFITS 353,063 14% 370,404 16% 371,759 16% 371,100 16% (659) BOOKS AND SUPPLIES 984,673 40% 986,750 42% 999,041 42% 979,742 41% (19,299) SERVICES/OPERATING EXP. 79,466 0% 201,440 0% 213,020 0% 217,636 0% 4,616 CAPITAL OUTLAY 0 0% 0 0% 195 0% 195 0% 0 OTHER OUTGO 0 0% 0 0% 0 0% 0 0% 0 DIRECT SUPPORT/INDIRECT COST 98,006 4% 122,449 5% 122,449 5% 122,449 5% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 2,295,505 0% 2,506, % 2,532, % 2,538, % 5,928 C. EXCESS (DEFICIENCY) OF REVENUES 156,218 0% (140,676) 0% (140,062) 0% (146,520) 0% (6,458) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 0 0% 0 0% 0 0% 0 0% 0 TRANSFERS OUT 0 0% 0 0% 0 0% 0 0% 0 0 0% 0 0% 0 0% 0 0% 0 E. NET INCREASE (DECREASE) 156,218 (140,676) (140,062) (146,520) (6,458) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 934, ,013 1,090,975 1,090,975 0 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 934, ,013 1,090,975 1,090,975 0 d) Audit Adjustment e) Net Beginning Balance 934, ,013 1,090,975 1,090,975 0 G. ENDING FUND BALANCE 1,090, , , ,455 (6,458) COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores 26,221 20,320 26,222 26,222 0 b) Designated Amounts Economic Uncertainties Other Designations 1,064, , , ,233 (6,458) c) Undesignated Amount

31 NEWARK UNIFIED SCHOOL DISTRICT DEFERRED MAINTENANCE, Fund 14 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , SECOND INTERIM REPORT ADOPTED FIRST SECOND INCREASE / ACTUAL BUDGET INTERIM INTERIM (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 0 0% 0 0% 0 0% 0 0% 0 FEDERAL REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER STATE REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER LOCAL REVENUE 91 0% 79 0% 79 0% 79 0% 0 TOTAL REVENUES 91 0% 79 0% 79 0% 79 0% 0 B. EXPENDITURES CERTIFICATED SALARIES 0 0% 0 0% 0 0% 0 0% 0 CLASSIFIED SALARIES 0 0% 0 0% 0 0% 0 0% 0 EMPLOYEE BENEFITS 0 0% 0 0% 0 0% 0 0% 0 BOOKS AND SUPPLIES 0 0% 0 0% 0 0% 0 0% 0 SERVICES/OPERATING EXP. 0 0% 0 0% 0 0% 0 0% 0 CAPITAL OUTLAY 0 0% 0 0% 0 0% 0 0% 0 OTHER OUTGO 0 0% 0 0% 0 0% 0 0% 0 DIRECT SUPPORT/INDIRECT C 0 0% 0 0% 0 0% 0 0% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 0 0% 0 0% 0 0% 0 0% 0 C. EXCESS (DEFICIENCY) OF REVENU 91 0% 79 0% 79 0% 79 0% 0 OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 0 0% 0 0% 0 0% 0 0% 0 TRANSFERS OUT 0 0% 0 0% 0 0% 0 0% 0 0 0% 0 0% 0 0% 0 0% 0 E. NET INCREASE (DECREASE) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 35,012 35,134 35,103 35,103 0 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 35,012 35,134 35,103 35,103 0 d) Audit Adjustment e) Net Beginning Balance 35,012 35,134 35,103 35,103 0 G. ENDING FUND BALANCE 35,103 35,213 35,182 35,182 0 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Restricted Programs b) Designated Amounts Economic Uncertainties Other Designations 35,103 35,213 35,182 35,182 0 c) Undesignated Amount

32 NEWARL UNIFIED SCHOOL DISTRICT SPECIAL RESERVE NON-CAPITAL, Fund 17 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , SECOND INTERIM REPORT ADOPTED SECOND INCREASE/ ACTUAL BUDGET FIRST INTERIM INTERIM (DECREASE) A. REVENUES LOCAL CONTROL FUNDING 0 0% 0 0% 0 0% 0 0% 0 FEDERAL REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER STATE REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER LOCAL REVENUE 14,144 0% 14,064 0% 14,081 0% 14,047 0% (34) TOTAL REVENUES 14,144 0% 14,064 0% 14,081 0% 14,047 0% (34) B. EXPENDITURES CERTIFICATED SALARIES 0 0% 0 0% 0 0% 0 0% 0 CLASSIFIED SALARIES 0 0% 0 0% 0 0% 0 0% 0 EMPLOYEE BENEFITS 0 0% 0 0% 0 0% 0 0% 0 BOOKS AND SUPPLIES 0 0% 0 0% 0 0% 0 0% 0 SERVICES/OPERATING EXP. 0 0% 0 0% 0 0% 0 0% 0 CAPITAL OUTLAY 0 0% 0 0% 0 0% 0 0% 0 CONTINGENCY 0 0% 0 0% 0 0% 0 0% 0 OTHER OUTGO 0 0% 0 0% 0 0% 0 0% 0 DIRECT SUPPORT/INDIRECT COST 0 0% 0 0% 0 0% 0 0% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 0 0% 0 0% 0 0% 0 0% 0 C. EXCESS (DEFICIENCY) OF REVENUES 14,144 0% 14,064 0% 14,081 0% 14,047 0% (34) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 0 0% 0 0% 0 0% 0 0% 0 TRANSFERS OUT 100,000 0% 1,250,000 0% 1,250,000 0% 1,250,000 0% 0 (100,000) 0% (1,250,000) 0% (1,250,000) 0% (1,250,000) 0% 0 E. NET INCREASE (DECREASE) (85,856) (1,235,936) (1,235,919) (1,235,953) (34) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 5,055,097 4,069,143 4,969,241 4,969,241 0 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 5,055,097 4,069,143 4,969,241 4,969,241 0 d) Audit Adjustment e) Net Beginning Balance 5,055,097 4,069,143 4,969,241 4,969,241 0 G. ENDING FUND BALANCE 4,969,241 2,833,207 3,733,322 3,733,288 (34) COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Restricted Programs b) Designated Amounts Economic Uncertainties Other Designations 4,969,241 2,833,207 3,733,322 3,733,288 (34) c) Undesignated Amount