NEWARK UNIFIED SCHOOL DISTRICT

Transcription

1 NEWARK UNIFIED SCHOOL DISTRICT FIRST INTERIM FINANCIAL REPORT (Activity through October 31, 2012) APPROVED December 4, 2012 BOARD OF EDUCATION Ray Rodriguez, President Jan Crocker, Vice-President Charles Mensinger Nancy Thomas Gary Stadler ADMINISTRATION Dr. David Marken, Superintendent Elaine Neilsen, Chief Business Official

2 NEWARK UNIFIED SCHOOL DISTRICT 2012/13 FIRST INTERIM REPORT TABLE OF CONTENTS Title Page Overview General Fund, Revenue and Expenditure Assumptions General Fund, Summary of Restricted and Unrestricted Programs General Fund, Sources of Projected Revenue Chart General Fund, Sources of Projected Expenditure Chart General Fund without Special Education and Categorical Programs General Fund, Special Education General Fund, Categorical Programs General Fund, Multi-Year Projections Adult Education Fund (Fund 11) Child Development Fund (Fund 12) Cafeteria Fund (Fund 13) Deferred Maintenance Fund (Fund 14) Special Reserve Fund for Other than Capital Outlay (Fund 17) Building Fund (Fund 21) Capital Facilities Fund (Fund 25) Special Reserve Fund for Capital Projects (Fund 40) Bond Interest and Redemption Fund (Fund 51) Postemployment Benefits Self Insurance Fund (Fund 67) Property and Liability Self Insurance Fund (Fund 68) State Reporting Format i

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%. Identiy 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 2012/13 is 6,485, a decrease of 9 pupils (previous projected at 6,494) from budget adoption. b) Average Daily Attendance ( ADA ) is revised currently projected at 6, (previously projected at 6,225.52). This is the attendance rate equivalent to 96% 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 2011/12 Period 2 ADA of 6, in calculating the Revenue Limit income. The Base Revenue Limit per ADA without Deficit is $6, d) The Statutory COLA for 2012/13 is % (no change from adopted budget) with Revenue Limit Deficit of % (no change from adopted budget). e) Federal Categorical Program revenues are projected without COLA. The net increase in Federal Categorical Program in 2012/13 is due to carryover and revised entitlements and grants received from California Department of Education (CDE). f) Medi-Cal Administrative Activities (MAA) revenue is still conservatively budgeted based on prior year reimbursements. g) The majority of the State Categorical Program revenues are still conservatively projected with no COLA. In addition, the State Budget Act gave the flexibility provision of using funds for any educational purpose is extended from 2012/13 to 2014/15. h) Funding for Lottery is budgeted at $ for Unrestricted and $17.50 for Restricted (Proposition 20) per ADA, as recommended by Office of Education and School Services of California. 5

9 i) Class Size Reduction revenue is adjusted and budgeted at $1,071 per pupil in grades K-3 with a 30% penalty due to the ratio of 29:1. j) The net increase in State Revenues is due to revised entitlement and grants received from CDE. k) Interest Income is projected at 0.35%, as recommended by Office of Education. l) State Special Education revenues, under Assembly Bill 602, are updated per Mission Valley SELPA s allocation projection. m) The net increase in Local Revenues is due to receipt of miscellaneous carryover, local grants and donations. n) 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. o) Interfund Transfer-In to the General Fund is adjusted and projected at $1,000,000 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 $1,000,000 Total $1,000,000 * * Expenditures: a) Step and column increases are fully budgeted for all eligible employees. b) There are no projections for salary or health benefits increases for California School Employees Association (CSEA) and Newark Management Association (NEWMA) bargaining units in 2012/13. c) The District and the Newark Teachers Association (NTA) have come to an agreement for fiscal year 2012/13. The cost of the settlement has been budgeted in 2012/13. d) The agreement with California School Employees Association (CSEA), will expire on June 30, All costs have been budgeted/ e) The cost of Newark Management and Confidential employees has been budgeted. f) The cost of 1% of General Fund salaries and benefits is $516,736 (NTA $351,911, CSEA $93,204, NEWMA $71,621). g) Class Size Reduction ratio for K-3 grade levels is 27:1 and 9 th grade (2 subjects) is 33:1. 6

10 h) Mandatory Employee Benefits: Employee Benefit Rate Employee Benefit Rate STRS 8.25% PERS and PERS Reduc 13.02% FICA 6.20% Medicare 1.45% Alternative Retirement 3.75% State Unemployment Ins 1.25% Workers Compensation 2.35% Retiree Benefits 1.18% i) The net increase in Books and Supplies, and Services and Other Operating Expenses is due to carryover and budget revision per school/department plan. j) The net increase in Other Outgo is due to budget revision per school/department plan. k) Indirect Cost is budgeted at 6.96%. l) Interfund Transfer Out is $0. m) There is no projection for contribution to Deferred Maintenance. The Local Education Agency (LEA) contribution requirement is eliminated through 2014/15. n) The District is utilizing the flexibility provisions for the Adult Education and Deferred Maintenance revenue allocations (Tier III flexible categorical programs), which is included in the budget modifications/reductions approved by the Board of Education on April 27, o) 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. 7

11 NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , FIRST INTERIM REPORT ACTUAL ACTUAL ADOPTED BUDGET FIRST INTERIM INCREASE/ (DECREASE) A. REVENUES REVENUE LIMIT SOURCES 35,173,595 66% 33,996,524 64% 33,944,914 67% 33,978,542 66% 33,628 FEDERAL REVENUE 3,897,348 7% 4,251,624 8% 2,835,911 6% 3,343,026 6% 507,115 OTHER STATE REVENUE 10,073,851 19% 10,310,770 19% 9,820,686 19% 9,986,478 19% 165,792 OTHER LOCAL REVENUE 4,412,819 8% 4,576,589 9% 4,114,734 8% 4,447,643 9% 332,909 TOTAL REVENUES 53,557, % 53,135, % 50,716, % 51,755, % 1,039,444 B. EXPENDITURES CERTIFICATED SALARIES 27,611,446 52% 26,436,361 50% 28,538,030 56% 28,447,641 55% (90,389) CLASSIFIED SALARIES 8,335,834 16% 7,666,862 14% 7,894,196 16% 8,162,630 16% 268,434 EMPLOYEE BENEFITS 7,670,496 14% 7,777,065 15% 7,912,095 16% 7,982,578 15% 70,483 BOOKS AND SUPPLIES 1,693,449 3% 1,627,223 3% 1,694,174 3% 2,924,666 6% 1,230,492 SERVICES/OPERATING EXP. 5,266,876 10% 5,386,655 10% 6,812,611 13% 7,597,079 15% 784,468 CAPITAL OUTLAY 0 0% 26,970 0% 28,700 0% 15,000 0% (13,700) OTHER OUTGO 1,347,622 3% 1,802,875 3% 1,024,076 2% 1,024,075 2% (1) DIRECT SUPPORT/INDIRECT COST (133,577) 0% (147,696) 0% (153,120) 0% (153,120) 0% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 51,792,146 97% 50,576,315 94% 53,750, % 56,000, % 2,249,787 C. EXCESS (DEFICIENCY) OF REVENUES 1,765,467 3% 2,559,192 5% (3,034,517) -6% (4,244,860) -8% (1,210,343) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 58,000 0% 128,812 0% 1,000,000 2% 1,000,000 2% 0 TRANSFERS OUT 300,000 1% 50,685 0% 0 0% 0 0% 0 (242,000) 0% 78,127 0% 1,000,000 2% 1,000,000 2% 0 E. NET INCREASE (DECREASE) 1,523,467 2,637,319 (2,034,517) (3,244,860) (1,210,343) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 3,425,338 4,948,805 4,810,731 7,586,124 2,775,393 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 3,425,338 4,948,805 4,810,731 7,586,124 2,775,393 d) Audit Adjustment e) Net Beginning Balance 3,425,338 4,948,805 4,810,731 7,586,124 2,775,393 G. ENDING FUND BALANCE 4,948,805 7,586,124 2,776,214 4,341,264 1,565,050 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash 25,000 25,000 25,000 25,000 0 Stores 76,326 78,597 76,326 78,597 2,271 Prespaid Expenses Restricted Programs 548, ,098 55,000 25,248 (29,752) b) Designated Amounts Economic Uncertainties 1,562,765 1,517,300 1,612,523 1,680,017 67,494 Other Designations 767,805 2,800, c) Undesignated Amount 1,968,716 2,328,129 1,007,365 2,532,402 1,525,037 8

12 PROJECTED REVENUES GENERAL FUND 2012/13 FIRST INTERIM REPORT Other Local Revenue 9% Transfers In 2% Other State Revenue 19% Federal Revenue 6% Revenue Category Amount Percentage Revenue Limit Sources $33,978,542 64% Federal Revenue 3,343,026 6% Other State Revenue 9,986,476 19% Other Local Revenue 4,447,643 8% Transfers In 1,000,000 2% TOTAL REVENUE $52,755,689 Revenue Limit Sources 64% 9

13 PROJECTED REVENUES GENERAL FUND 2012/13 FIRST INTERIM REPORT Other Local Revenue 9% Transfers In 2% Other State Revenue 19% Federal Revenue 6% Revenue Category Amount Percentage Revenue Limit Sources $33,978,542 64% Federal Revenue 3,343,026 6% Other State Revenue 9,986,476 19% Other Local Revenue 4,447,643 8% Transfers In 1,000,000 2% TOTAL REVENUE $52,755,689 Revenue Limit Sources 64% 10

14 GENERAL FUND WITHOUT SPECIAL EDUCATION AND CATEGORICAL PROGRAMS

15 NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , UNRESTRICTED ACTUAL ACTUAL ADOPTED BUDGET FIRST INTERIM INCREASE/ (DECREASE) A. REVENUES REVENUE LIMIT SOURCES 33,385,167 78% 32,354,443 78% 32,271,252 80% 32,304,880 80% 33,628 FEDERAL REVENUE 278,145 1% 233,011 1% 95,000 0% 95,000 0% 0 OTHER STATE REVENUE 8,114,479 19% 8,042,547 19% 7,474,565 19% 7,626,935 19% 152,370 OTHER LOCAL REVENUE 811,470 2% 1,055,702 3% 556,508 1% 569,336 1% 12,828 TOTAL REVENUES 42,589, % 41,685, % 40,397, % 40,596, % 198,826 B. EXPENDITURES CERTIFICATED SALARIES 20,652,146 48% 19,913,492 48% 22,442,805 56% 22,651,279 56% 208,474 CLASSIFIED SALARIES 5,693,667 13% 5,154,064 12% 5,469,264 14% 5,569,712 14% 100,448 EMPLOYEE BENEFITS 5,454,844 13% 5,481,087 13% 5,797,265 14% 5,831,614 14% 34,349 BOOKS AND SUPPLIES 528,805 1% 725,551 2% 894,913 2% 1,017,821 3% 122,908 SERVICES/OPERATING EXP. 3,305,793 8% 2,890,727 7% 3,722,360 9% 3,905,396 10% 183,036 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 385,714 1% 965,467 2% 113,148 0% 57,266 0% (55,882) DEBT SERVICE 157,183 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 36,178,152 85% 35,130,388 82% 38,439,755 90% 39,033,088 96% 593,333 C. EXCESS (DEFICIENCY) OF REVENUES 6,411,109 15% 6,555,315 16% 1,957,570 5% 1,563,063 4% (394,507) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 58,000 0% 128,812 0% 1,000,000 2% 1,000,000 2% 0 TRANSFERS OUT 300,000 1% 50,685 0% 0 0% 0 0% 0 CONTRIBUTION FROM UNRESTRICTED (3,723,037) -9% (4,285,028) -10% (4,992,083) -12% (4,996,072) -12% (3,989) (3,965,037) -9% (4,206,901) -10% (3,992,083) -10% (3,996,072) -10% (3,989) E. NET INCREASE (DECREASE) 2,446,072 2,348,414 (2,034,513) (2,433,009) (398,496) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 1,954,540 4,400,612 4,755,727 6,749,026 1,993,299 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 1,954,540 4,400,612 4,755,727 6,749,026 1,993,299 d) Audit Adjustment e) Net Beginning Balance 1,954,540 4,400,612 4,755,727 6,749,026 1,993,299 G. ENDING FUND BALANCE 4,400,612 6,749,026 2,721,214 4,316,017 1,594,803 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash 25,000 25,000 25,000 25,000 0 Stores 76,326 78,597 76,326 78,597 2,271 Prespaid Expenses Restricted Programs b) Designated Amounts Economic Uncertainties 1,562,765 1,517,300 1,612,523 1,680,017 67,494 Other Designations 767,805 2,800, c) Undesignated Amount 1,968,716 2,328,129 1,007,365 2,532,403 1,525,038 11

16 GENERAL FUND SPECIAL EDUCATION PROGRAMS

17 NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , SPECIAL EDUCATION ADOPTED FIRST INCREASE/ ACTUAL ACTUAL BUDGET INTERIM (DECREASE) A. REVENUES REVENUE LIMIT SOURCES 1,164,227 19% 1,176,871 20% 1,156,750 20% 1,156,750 20% 0 FEDERAL REVENUE 1,496,502 25% 1,296,711 22% 1,245,972 22% 1,262,325 22% 16,353 OTHER STATE REVENUE 387,637 6% 344,897 6% 406,703 7% 406,703 7% 0 OTHER LOCAL REVENUE 2,976,334 49% 2,957,252 51% 2,936,838 51% 2,961,158 51% 24,320 TOTAL REVENUES 6,024, % 5,775, % 5,746, % 5,786, % 40,673 B. EXPENDITURES CERTIFICATED SALARIES 3,838,024 64% 3,735,183 65% 4,085,321 71% 3,590,383 62% (494,938) CLASSIFIED SALARIES 1,498,890 25% 1,436,694 25% 1,563,971 27% 1,648,422 28% 84,451 EMPLOYEE BENEFITS 1,331,036 22% 1,428,502 25% 1,478,146 26% 1,456,958 25% (21,188) BOOKS AND SUPPLIES 222,447 4% 65,278 1% 74,764 1% 66,179 1% (8,585) SERVICES/OPERATING EXP. 1,108,186 18% 1,236,987 21% 1,352,486 24% 2,006,401 35% 653,915 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 399,711 7% 497,339 9% 534,303 9% 549,886 10% 15,583 DEBT SERVICE 1,747 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 8,400, % 8,399, % 9,088, % 9,318, % 229,238 C. EXCESS (DEFICIENCY) OF REVENUES (2,375,341) -39% (2,624,252) -45% (3,342,728) -58% (3,531,293) -61% (188,565) 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 2,375,341 39% 2,877,302 50% 3,342,728 58% 3,278,274 57% (64,454) 2,375,341 39% 2,877,302 50% 3,342,728 58% 3,278,274 57% (64,454) E. NET INCREASE (DECREASE) 0 253,050 0 (253,019) (253,019) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated , ,050 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited , ,050 d) Audit Adjustment e) Net Beginning Balance , ,050 G. ENDING FUND BALANCE 0 253, COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores Prespaid Expenses Restricted Programs 0 253, b) Designated Amounts Economic Uncertainties Other Designations c) Undesignated Amount

18 GENERAL FUND CATEGORICAL PROGRAMS

19 NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , CATEGORICAL PROGRAMS WITHOUT SPECIAL EDUCATION ADOPTED FIRST INCREASE/ ACTUAL ACTUAL BUDGET INTERIM (DECREASE) A. REVENUES REVENUE LIMIT SOURCES 624,201 13% 465,210 8% 516,912 11% 516,912 10% 0 FEDERAL REVENUE 2,122,702 43% 2,721,902 48% 1,494,939 33% 1,985,701 37% 490,762 OTHER STATE REVENUE 1,571,735 32% 1,923,326 34% 1,939,418 42% 1,952,840 36% 13,422 OTHER LOCAL REVENUE 625,015 13% 563,635 10% 621,388 14% 917,149 17% 295,761 TOTAL REVENUES 4,943, % 5,674, % 4,572, % 5,372, % 799,945 B. EXPENDITURES CERTIFICATED SALARIES 3,121,276 63% 2,787,686 49% 2,009,904 44% 2,205,979 41% 196,075 CLASSIFIED SALARIES 1,143,277 23% 1,076,104 19% 860,961 19% 944,496 18% 83,535 EMPLOYEE BENEFITS 884,616 18% 867,475 15% 636,684 14% 694,006 13% 57,322 BOOKS AND SUPPLIES 942,196 19% 836,394 15% 724,497 16% 1,840,666 34% 1,116,169 SERVICES/OPERATING EXP. 852,897 17% 1,258,942 22% 1,737,765 38% 1,685,282 31% (52,483) CAPITAL OUTLAY 0 0% 26,970 0% 28,700 1% 15,000 0% (13,700) OTHER OUTGO 0 0% 10,832 0% 6,682 0% 6,682 0% 0 DIRECT SUPPORT/INDIRECT COST 266,341 5% 181,540 3% 216,823 5% 257,121 5% 40,298 DEBT SERVICE 3,348 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 7,213, % 7,045, % 6,222, % 7,649, % 1,427,216 C. EXCESS (DEFICIENCY) OF REVENUES (2,270,298) -46% (1,371,870) -24% (1,649,359) -36% (2,276,630) -42% (627,271) 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 1,347,695 27% 1,407,726 25% 1,649,355 36% 1,717,798 32% 68,443 1,347,695 27% 1,407,726 25% 1,649,355 36% 1,717,798 32% 68,443 E. NET INCREASE (DECREASE) (922,603) 35,856 (4) (558,832) (558,828) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 1,470, ,193 55, , ,045 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 1,470, ,193 55, , ,045 d) Audit Adjustment e) Net Beginning Balance 1,470, ,193 55, , ,045 G. ENDING FUND BALANCE 548, ,049 55,000 25,217 (29,783) COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores Prespaid Expenses Restricted Programs 548, ,049 55,000 25,217 (29,783) b) Designated Amounts Economic Uncertainties Other Designations c) Undesignated Amount

20 GENERAL FUND MULTI-YEAR PROJECTIONS

21 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 2012/13 has decreased from a projected 6,494 to 6,485. This is a decrease of 9 students. Projected enrollment for 2013/14 and 2014/15 (using the cohort method) are 6,304 and 6,206 respectively. b) Average Daily Attendance (ADA) for 2012/13 is currently projected at 6, This is equivalent to 96.34% of 20012/13 enrollment. Due to declining enrollment, the state allows districts to utilize prior year ADA for calculating Revenue Limit income. The district s prior year ADA is 6,358 and the Base Revenue Limit per ADA without the Deficit for 2012/13 is $6, c) Revenue Limit income for the year 2012/13 and 2013/14 is based on a projected ADA of 6, and 6, respectively. This is also equivalent to 96% attendance rate. d) The Statutory COLA for 2012/13 is 3.243% (no change from adopted budget projection) with Revenue Limit Deficit of 2.272% (no change from the adopted budget projection). e) The Recommended Planning COLA is 2.00% for 2013/14 and 2.30% for 2014/15, with Revenue Limit Deficit of % for 2013/14 and 2014/15. f) 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, Special Education funds and Title III LEP), the subsequent years budgets represent only our estimate of Federal entitlements and grants for those years. g) Majority of State Categorical Program revenues are projected with COLA of 0.00% in 2013/14 and 2.30% in 2013/14. 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. In addition, the flexibility provision of using funds for any educational purpose is still in effect until 2014/15. h) Special Education (Hughes Bill) Mandated Cost Claim Settlement is projected in the amount of $101,143 in 2013/14. This amount is projected to be received through 2016/17. i) Special Education funding under AB602 is projected with a COLA of 0.00% for 2013/14 and 2.30% for 2014/15. 14

22 j) Miscellaneous local revenues are projected to decrease for 2013/14. 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. k) 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. l) Interfund Transfer-In to the General Fund is projected at $25,888 for the budget year to address the following: 2013/ / /15 Child Care repayment of prior year contribution $0 $0 $0 Balance budget from Fund 17 $1,000,000 $1,500,000 $2,500,000 Total $1,000,000 $1,500,000 $2,500,000 * 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 $516,736 (NTA $351,911, CSEA $93,204, NEWMA $71,621) c) Books and Supplies are projected to decrease in 2013/14 due to the elimination of carryover of unspent funds from prior year d) Utility costs are projected to decrease by approximately 1.0% per year for 2013/14 and 2014/15. e) Other Outgo in 2013/14 is the COLA applied to ROC/P funds, which is transferred to Mission Valley ROP. f) Indirect Cost is projected to be 6.96% for 2013/14 and 2014/15. g) The Deferred Maintenance match is projected to be eliminated through 2014/15 due to the Budget Act. h) In submitting the 2012/13 First Interim Report, the Board of Education understands its fiduciary responsibility to maintain fiscal solvency for the current and subsequent two fiscal years. The district has developed a Fiscal Recovery Plan to address the reduction in funding from the State of California. 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 *COLA is projected using the Dartboard provided by School Services of California as of November 14,

23 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 PROJECTED PROJECTED PROJECTED BUDGET BUDGET BUDGET BUDGET A. REVENUES REVENUE LIMIT SOURCES 33,944,914 67% 33,978,542 66% 34,042,784 67% 33,867,229 67% FEDERAL REVENUE 2,835,911 6% 3,343,026 6% 2,592,264 5% 2,592,264 5% OTHER STATE REVENUE 9,820,686 19% 9,986,478 19% 9,897,079 20% 10,081,073 20% OTHER LOCAL REVENUE 4,114,734 8% 4,447,643 9% 4,123,401 8% 4,128,190 8% TOTAL REVENUES 50,716, % 51,755, % 50,655, % 50,668, % B. EXPENDITURES CERTIFICATED SALARIES 28,538,030 56% 28,447,641 55% 28,447,641 56% 28,559,431 56% NTA COLA 0 0 Step Increases 469, ,353 Teacher FTE Changes (283,960) (176,639) Program Changes (Hourly) (28,728) (2,773) Program Changes, Program Improvement (56,000) 0 ADMIN COLA 0 0 Step Increases 10,824 10,824 Program Changes ,559,431 28,842,196 CLASSIFIED SALARIES 7,894,196 16% 8,162,630 16% 8,162,630 16% 8,109,316 16% CSEA COLA 0 0 Step Increases 19,643 7,898 Program Changes (Hourly) (80,969) (4,641) ADMIN COLA 0 0 Step Increases 8,012 9,565 Program Changes (Hourly) 0 0 8,109,316 8,122,138 EMPLOYEE BENEFITS 7,912,095 16% 7,982,578 15% 7,985,819 16% 8,025,857 16% BOOKS AND SUPPLIES 1,694,174 3% 2,924,666 6% 1,587,106 3% 1,587,214 3% SERVICES/OPERATING EXP. 6,812,611 13% 7,597,079 15% 6,679,000 13% 6,649,526 13% CAPITAL OUTLAY 28,700 0% 15,000 0% 0 0% 0 0% OTHER OUTGO 1,024,076 2% 1,024,075 2% 1,024,075 2% 1,046,918 2% DIRECT SUPPORT/INDIRECT COS (153,120) 0% (153,120) 0% (153,029) 0% (153,026) 0% DEBT SERVICE 0 0% 0 0% 0 0% 0 0% TOTAL EXPENDITURES 53,750, % 56,000, % 53,791, % 54,120, % C. EXCESS (DEFICIENCY) OF REVENUES (3,034,517) -6% (4,244,860) -8% (3,136,190) -6% (3,452,067) -7% OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 1,000,000 2% 1,000,000 2% 1,500,000 3% 2,500,000 5% TRANSFERS OUT 0 0% 0 0% 0 0% 0 0% CONTRIBUTIONS 0 0% 0 0% 0 0% 0 0% 1,000,000 2% 1,000,000 2% 1,500,000 3% 2,500,000 5% E. NET INCREASE (DECREASE) (2,034,517) (3,244,860) (1,636,190) (952,067) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 4,810,731 7,586,125 4,341,265 2,705,075 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 4,810,731 7,586,125 4,341,265 2,705,075 d) Audit Adjustment e) Net Beginning Balance 4,810,731 7,586,125 4,341,265 2,705,075 G. ENDING FUND BALANCE 2,776,214 4,341,265 2,705,075 1,753,008 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash 25,000 25,000 25,000 25,000 Stores 76,326 78,597 78,597 78,597 Restricted Programs 55,000 25,248 19,609 12,363 b) Designated Amounts Economic Uncertainties 1,612,523 1,680,017 1,622,784 1,635,358 Other Designations c) Undesignated Amount 1,007,365 2,532, ,085 1,690 16

24 Unrestricted NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , MULTI-YEAR REPORT, UNRESTRISTED ADOPTED PROPOSED PROJECTED PROJECTED BUDGET BUDGET BUDGET BUDGET A. REVENUES REVENUE LIMIT SOURCES 32,271,252 80% 32,304,880 80% 32,369,122 80% 32,193,567 79% FEDERAL REVENUE 95,000 0% 95,000 0% 95,000 0% 95,000 0% OTHER STATE REVENUE 7,474,565 19% 7,626,935 19% 7,543,985 19% 7,684,656 19% OTHER LOCAL REVENUE 556,508 1% 569,336 1% 568,165 1% 568,558 1% TOTAL REVENUES 40,397, % 40,596, % 40,576, % 40,541, % B. EXPENDITURES CERTIFICATED SALARIES 22,442,805 56% 22,651,279 56% 22,651,279 56% 22,741,140 56% NTA COLA 0 0 Step Increases 364, ,252 Teacher FTE Changes (283,960) (176,639) Program Changes (Hourly) (510) 0 Program Changes, Program Improvement 0 0 ADMIN COLA 0 0 Step Increases 9,606 9,606 Progran Changes 0 22,741,140 22,927,359 CLASSIFIED SALARIES 5,469,264 14% 5,569,712 14% 5,569,712 14% 5,589,693 14% CSEA COLA 0 0 Step Increases 12,328 4,489 Program Changes (Hourly) (359) 359 ADMIN COLA 0 0 Step Increases 8,012 7,929 Program Changes (Hourly) 0 0 5,589,693 5,602,470 EMPLOYEE BENEFITS 5,797,265 14% 5,831,614 14% 5,847,952 14% 5,875,496 14% BOOKS AND SUPPLIES 894,913 2% 1,017,821 3% 868,213 2% 861,192 2% SERVICES/OPERATING EXP. 3,722,360 9% 3,905,396 10% 3,429,220 8% 3,361,680 8% CAPITAL OUTLAY 0 0% 0 0% 0 0% 0 0% OTHER OUTGO 1,017,394 3% 1,017,393 3% 1,017,393 3% 1,040,236 3% DIRECT SUPPORT/INDIRECT COST (904,246) -2% (960,127) -2% (887,366) -2% (887,945) -2% DEBT SERVICE 0 0% 0 0% 0 0% 0 0% TOTAL EXPENDITURES 38,439,755 95% 39,033,088 97% 38,606,245 96% 38,780,488 96% C. EXCESS (DEFICIENCY) OF REVENUES 1,957,570 5% 1,563,063 4% 1,970,027 5% 1,761,293 4% OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 1,000,000 2% 1,000,000 2% 1,500,000 4% 2,500,000 6% TRANSFERS OUT 0 0% 0 0% 0 0% 0% CONTRIBUTIONS (4,992,083) -12% (4,996,072) -12% (5,100,578) -13% (5,206,114) -13% (3,992,083) -10% (3,996,072) -10% (3,600,578) -9% (2,706,114) -7% E. NET INCREASE (DECREASE) (2,034,513) (2,433,009) (1,630,551) (944,821) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 4,755,727 6,749,026 4,316,017 2,685,466 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 4,755,727 6,749,026 4,316,017 2,685,466 d) Audit Adjustment e) Net Beginning Balance 4,755,727 6,749,026 4,316,017 2,685,466 G. ENDING FUND BALANCE 2,721,214 4,316,017 2,685,466 1,740,645 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash 25,000 25,000 25,000 25,000 Stores 76,326 78,597 78,597 78,597 Restricted Programs b) Designated Amounts Economic Uncertainties 1,612,523 1,680,017 1,622,784 1,635,358 Other Designations c) Undesignated Amount 1,007,365 2,532, ,085 1,690 17

25 RESTRICTED NEWARK UNIFIED SCHOOL DISTRICT GENERAL FUND - Fund 01 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , Multi-Year Projection, RESTRICTED ADOPTED PROPOSED PROJECTED PROJECTED BUDGET BUDGET BUDGET BUDGET A. REVENUES REVENUE LIMIT SOURCES 1,673,662 16% 1,673,662 15% 1,673,662 17% 1,673,662 17% FEDERAL REVENUE 2,740,911 27% 3,248,026 29% 2,497,264 25% 2,497,264 25% OTHER STATE REVENUE 2,346,121 23% 2,359,543 21% 2,353,094 23% 2,396,417 24% OTHER LOCAL REVENUE 3,558,226 34% 3,878,307 35% 3,555,236 35% 3,559,632 35% TOTAL REVENUES 10,318, % 11,159, % 10,079, % 10,126, % B. EXPENDITURES CERTIFICATED SALARIES 6,095,225 59% 5,796,362 52% 5,796,362 58% 5,818,291 57% NTA COLA 0 0 Step Increases 104,929 98,101 Teacher FTE Changes 0 0 Program Changes (Hourly) (28,218) (2,773) Program Changes, Program Improvement (56,000) 0 ADMIN COLA 0 0 Step Increases 1,218 1,218 Program Changes 0 0 5,818,291 5,914,837 CLASSIFIED SALARIES 2,424,932 23% 2,592,918 23% 2,592,918 26% 2,519,623 25% CSEA COLA 0 0 Step Increases 7,315 3,409 Program Changes (Hourly) (80,610) (5,000) ADMIN 0 COLA 0 0 Step Increases 0 1,636 Program Changes (Hourly) 0 0 2,519,623 2,519,668 EMPLOYEE BENEFITS 2,114,830 20% 2,150,964 19% 2,137,867 21% 2,150,361 21% BOOKS AND SUPPLIES 799,261 8% 1,906,845 17% 718,893 7% 726,022 7% SERVICES/OPERATING EXP. 3,090,251 30% 3,691,683 33% 3,249,780 32% 3,287,846 32% CAPITAL OUTLAY 28,700 0% 15,000 0% 0 0% 0 0% OTHER OUTGO 6,682 0% 6,682 0% 6,682 0% 6,682 0% DIRECT SUPPORT/INDIRECT COST 751,126 7% 807,007 7% 734,337 7% 734,919 7% DEBT SERVICE 0 0% 0 0% 0 0% 0 0% TOTAL EXPENDITURES 15,311, % 16,967, % 15,185, % 15,340, % C. EXCESS (DEFICIENCY) OF REVENUES (4,992,087) -48% (5,807,923) -52% (5,106,217) -51% (5,213,360) -51% 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 4,992,083 48% 4,996,072 45% 5,100,578 51% 5,206,114 51% 4,992,083 48% 4,996,072 45% 5,100,578 51% 5,206,114 51% E. NET INCREASE (DECREASE) (4) (811,851) (5,639) (7,246) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 55, ,099 25,248 19,609 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 55, ,099 25,248 19,609 d) Audit Adjustment e) Net Beginning Balance 55, ,099 25,248 19,609 G. ENDING FUND BALANCE 55,000 25,248 19,609 12,363 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores Restricted Programs 55,000 25,248 19,609 12,363 b) Designated Amounts Economic Uncertainties Other Designations c) Undesignated Amount

26 SPECIAL PURPOSE FUNDS

27 NEWARK UNIFIED SCHOOL DISTRICT ADULT EDUCATION, Fund 11 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , FIRST INTERIM REPORT ACTUAL ACTUAL ADOPTED BUDGET FIRST INTERIM INCREASE/ (DECREASE) A. REVENUES REVENUE LIMIT SOURCES 0 0% 0 0% 0 0% 0 0% 0 FEDERAL REVENUE 27,770 31% 42,639 42% 30,707 35% 10,000 15% (20,707) OTHER STATE REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER LOCAL REVENUE 62,784 69% 58,272 58% 57,705 65% 57,711 85% 6 TOTAL REVENUES 90, % 100, % 88, % 67, % (20,701) B. EXPENDITURES CERTIFICATED SALARIES 71,794 79% 72,298 72% 53,613 61% 39,196 58% (14,417) CLASSIFIED SALARIES 48,346 53% 50,423 50% 0 0% 3,231 5% 3,231 EMPLOYEE BENEFITS 31,665 35% 32,182 32% 7,768 9% 7,951 12% 183 BOOKS AND SUPPLIES 5,456 6% 16,573 16% 9,593 11% 7,312 11% (2,281) SERVICES/OPERATING EXP. 4,748 5% 14,151 14% 21,819 25% 17,119 25% (4,700) 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 5,752 6% 6,770 7% 2,955 3% 2,955 4% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 167, % 192, % 95, % 77,764 86% (17,984) C. EXCESS (DEFICIENCY) OF REVENUES (77,207) 0% (91,486) 0% (7,336) 0% (10,053) 0% (2,717) 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) (77,207) (91,486) (7,336) (10,053) (2,717) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 199, ,711 7,336 31,225 23,889 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 199, ,711 7,336 31,225 23,889 d) Audit Adjustment e) Net Beginning Balance 199, ,711 7,336 31,225 23,889 G. ENDING FUND BALANCE 122,711 31, ,172 21,172 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Restricted Programs b) Designated Amounts Economic Uncertainties Other Designations 122,711 31, ,172 21,172 c) Undesignated Amount (0) (0) 0 (0) (0) 19

28 NEWARK UNIFIED SCHOOL DISTRICT CHILD DEVELOPMENT, Fund 12 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , FIRST INTERIM REPORT ACTUAL ACTUAL ADOPTED BUDGET FIRST INTERIM INCREASE / (DECREASE) A. REVENUES REVENUE LIMIT SOURCES 0 0% 0 0% 0 0% 0 0% 0 FEDERAL REVENUE 0 0% 0 0% 0 0% 0 0% 0 OTHER STATE REVENUE 16,047 0% 0 0% 0 0% 0 0% 0 OTHER LOCAL REVENUE 674,800 0% 701,245 0% 743,054 0% 743,055 0% 1 TOTAL REVENUES 690,847 0% 701,245 0% 743,054 0% 743,055 0% 1 B. EXPENDITURES CERTIFICATED SALARIES 62,490 0% 56,574 0% 62,490 0% 59,756 0% (2,734) CLASSIFIED SALARIES 414,510 0% 356,458 0% 371,249 0% 378,794 0% 7,545 EMPLOYEE BENEFITS 199,809 0% 205,376 0% 216,909 0% 212,098 0% (4,811) BOOKS AND SUPPLIES 1,903 0% 920 0% 2,500 0% 2,853 0% 353 SERVICES/OPERATING EXP. 12,993 0% 37,009 0% 41,555 0% 41,764 0% 209 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 38,142 0% 44,347 0% 48,351 0% 48,351 0% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 729,847 0% 700,684 0% 743,054 0% 743,616 0% 562 C. EXCESS (DEFICIENCY) OF REVENUES (39,000) 0% 561 0% 0 0% (561) 0% (561) OVER EXPENDITURES BEFORE OTHER FINANCING SOURCES AND USES D. TRANSFERS IN 0 0% 0 0% 0 0% 0 0% 0 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% 0 0% 0 0% 0 E. NET INCREASE (DECREASE) (39,000) (561) (561) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 39, b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 39, d) Audit Adjustment e) Net Beginning Balance 39, G. ENDING FUND BALANCE COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores b) Designated Amounts Economic Uncertainties Other Designations c) Undesignated Amount

29 NEWARK UNIFIED SCHOOL DISTRICT CHILD NUTRITION, Fund 13 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , FIRST INTERIM REPORT ACTUAL ACTUAL ADOPTED BUDGET FIRST INTERIM INCREASE/ (DECREASE) A. REVENUES REVENUE LIMIT SOURCES 0 0% 0 0% 0 0% 0 0% 0 FEDERAL REVENUE 1,576,325 69% 1,649,515 72% 1,666,793 70% 1,666,793 70% 0 OTHER STATE REVENUE 136,862 6% 143,348 6% 148,383 6% 148,383 6% 0 OTHER LOCAL REVENUE 566,087 25% 506,191 22% 549,447 23% 549,473 23% 26 TOTAL REVENUES 2,279, % 2,299, % 2,364, % 2,364, % 26 B. EXPENDITURES CERTIFICATED SALARIES 0 0% 0 0% 0 0% 0 0% 0 CLASSIFIED SALARIES 801,561 35% 785,333 34% 841,489 36% 841,268 36% (221) EMPLOYEE BENEFITS 324,700 14% 357,173 16% 413,989 18% 414,289 18% 300 BOOKS AND SUPPLIES 812,395 36% 803,216 35% 1,048,890 44% 1,048,356 44% (534) SERVICES/OPERATING EXP. 81,992 0% 66,326 0% 83,452 0% 208,666 0% 125,214 CAPITAL OUTLAY 0 0% 23,309 1% 85,000 4% 85,000 4% 0 OTHER OUTGO 0 0% 0 0% 0 0% 0 0% 0 DIRECT SUPPORT/INDIRECT COST 89,683 4% 96,578 4% 101,814 4% 101,814 4% 0 DEBT SERVICE 0 0% 0 0% 0 0% 0 0% 0 TOTAL EXPENDITURES 2,110,331 0% 2,131,935 94% 2,574, % 2,699, % 124,759 C. EXCESS (DEFICIENCY) OF REVENUES 168,943 0% 167,119 0% (210,011) 0% (334,744) 0% (124,733) 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) 168, ,119 (210,011) (334,744) (124,733) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 598, , , , ,041 b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 598, , , , ,041 d) Audit Adjustment e) Net Beginning Balance 598, , , , ,041 G. ENDING FUND BALANCE 767, , , , ,308 COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Stores 26,758 20, b) Designated Amounts Economic Uncertainties Other Designations 740, , , , ,308 c) Undesignated Amount (0) (0) 0 (0) (0) 21

30 NEWARK UNIFIED SCHOOL DISTRICT DEFERRED MAINTENANCE, Fund 14 REVENUE, EXPENDITURES AND CHANGE IN FUND BALANCE Fiscal Year , FIRST INTERIM REPORT ADOPTED FIRST INCREASE / ACTUAL ACTUAL BUDGET INTERIM (DECREASE) A. REVENUES REVENUE LIMIT SOURCES 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 304 0% 146 0% 122 0% 122 0% 0 TOTAL REVENUES 304 0% 146 0% 122 0% 122 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. 42,102 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 42,102 0% 0 0% 0 0% 0 0% 0 C. EXCESS (DEFICIENCY) OF REVENU (41,798) 0% 146 0% 122 0% 122 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) (41,798) IN FUND BALANCE F. FUND BALANCE RESERVES BEGINNING BALANCE a) as of July 1-Estimated 76,664 34,866 35,066 35,012 (54) b) Unaudited Actual Adjustment c) As of July 1 - Unaudited 76,664 34,866 35,066 35,012 (54) d) Audit Adjustment e) Net Beginning Balance 76,664 34,866 35,066 35,012 (54) G. ENDING FUND BALANCE 34,866 35,012 35,188 35,134 (54) COMPONENTS OF ENDING BALANCE a) Reserved Amounts Revolving Cash Restricted Programs b) Designated Amounts Economic Uncertainties Other Designations 34,866 35,012 35,188 35,134 (54) c) Undesignated Amount