BUDGET REPORT - ALTERNATIVE FORM CDS #: 41 68999 0135608 Charter Approving Entity: Ravenswood City Elementary County: San Mateo Charter #: 1868 Budgeting Period: 2018/19 This charter school uses the following basis of accounting: X Accrual Basis (Applicable Capital Assets / Interest on Long-Term Debt / Long-Term Liabilities objects are 6900, 7438, 9400-9499, and 9660-9669) Modified Accrual Basis (Applicable Capital Outlay / Debt Service objects are 6100-6170, 6200-6500, 7438, and 7439) Est. Actuals Current Budget Year Description Object Code Prior Year Unrest. Rest. Total A. REVENUES 1. LCFF Sources State Aid - Current Year 8011 966,288.70 2,915,705.19 0.00 2,915,705.19 Education Protection Account State Aid - Current Year 8012 541,488.11 541,488.11 0.00 541,488.11 State Aid - Prior Years 8019 0.00 0.00 0.00 0.00 Transfer of Charter Schools in Lieu of Property Taxes 8096 708,099.83 708,099.83 708,099.83 Other LCFF Transfers 8091, 8097 0.00 0.00 0.00 0.00 Total, LCFF Sources 2,215,876.64 4,165,293.13 0.00 4,165,293.13 2. Federal Revenues Every Student Succeeds Act (Titles I - V) 8290 88,535.69 171,201.20 171,201.20 Special Education - Federal 8181, 8182 0.00 0.00 0.00 Child Nutrition - Federal 8220 0.00 0.00 0.00 Donated Food Commodities 8221 0.00 0.00 0.00 Other Federal Revenues 8110, 8260-8299 0.00 0.00 0.00 Total, Federal Revenues 88,535.69 0.00 171,201.20 171,201.20 3. Other State Revenues Special Education - State StateRevSE 0.00 0.00 0.00 All Other State Revenues StateRevAO 41,621.24 73,993.00 66,787.37 140,780.37 Total, Other State Revenues 41,621.24 73,993.00 66,787.37 140,780.37 4. Other Local Revenues All Other Local Revenues LocalRevAO 1,226,421.78 329,436.05 0.00 329,436.05 Total, Local Revenues 1,226,421.78 329,436.05 0.00 329,436.05 5. TOTAL REVENUES 3,572,455.34 4,568,722.18 237,988.57 4,806,710.76 B. EXPENDITURES 1. Certificated Salaries Certificated Teachers' Salaries 1100 776,200.00 1,141,127.73 191,910.01 1,333,037.74 Certificated Pupil Support Salaries 1200 0.00 0.00 0.00 0.00 Certificated Supervisors' and Administrators' Salaries 1300 422,190.38 667,609.14 0.00 667,609.14 Other Certificated Salaries 1900 0.00 0.00 0.00 0.00 Total, Certificated Salaries 1,198,390.38 1,808,736.87 191,910.01 2,000,646.87 2. Non-certificated Salaries Non-certificated Instructional Aides' Salaries 2100 0.00 0.00 0.00 0.00 Non-certificated Support Salaries 2200 0.00 0.00 0.00 0.00 Non-certificated Supervisors' and Administrators' Sal. 2300 135,536.00 151,315.93 0.00 151,315.93 Clerical and Office Salaries 2400 0.00 0.00 0.00 0.00 Other Non-certificated Salaries 2900 0.00 0.00 0.00 0.00 Total, Non-certificated Salaries 135,536.00 151,315.93 0.00 151,315.93 Z:\Budget\18-19 District Budgets\SACS Data Files - Official\D97 KIPP Valiant Community Prep MYP Budget FY19-KIPP Valiant.xls 1 of 3 Revised 5/15/18
BUDGET REPORT - ALTERNATIVE FORM Est. Actuals Current Budget Year Description Object Code Prior Year Unrest. Rest. Total 3. Employee Benefits STRS 3101-3102 0.00 0.00 0.00 0.00 PERS 3201-3202 0.00 0.00 0.00 0.00 OASDI / Medicare / Alternative 3301-3302 102,045.37 149,944.04 14,681.12 164,625.15 Health and Welfare Benefits 3401-3402 153,825.62 209,815.27 20,543.15 230,358.42 Unemployment Insurance 3501-3502 9,331.00 12,451.83 1,219.17 13,671.00 Workers' Compensation Insurance 3601-3602 12,476.39 25,284.68 2,475.64 27,760.32 OPEB, Allocated 3701-3702 0.00 0.00 0.00 0.00 OPEB, Active Employees 3751-3752 0.00 0.00 0.00 0.00 Other Employee Benefits 3901-3902 49,969.21 73,122.81 7,159.50 80,282.31 Total, Employee Benefits 327,647.60 470,618.64 46,078.57 516,697.20 4. Books and Supplies Approved Textbooks and Core Curricula Materials 4100 0.00 0.00 0.00 0.00 Books and Other Reference Materials 4200 10,128.03 17,295.31 0.00 17,295.31 Materials and Supplies 4300 386,379.20 502,942.82 0.00 502,942.82 Noncapitalized Equipment 4400 198,870.27 329,993.70 0.00 329,993.70 Food 4700 0.00 0.00 0.00 0.00 Total, Books and Supplies 595,377.50 850,231.82 0.00 850,231.82 5. Services and Other Operating Expenditures Subagreements for Services 5100 0.00 0.00 0.00 0.00 Travel and Conferences 5200 0.00 0.00 0.00 0.00 Dues and Memberships 5300 0.00 0.00 0.00 0.00 Insurance 5400 10,078.62 34,118.61 0.00 34,118.61 Operations and Housekeeping Services 5500 87,745.88 159,752.11 0.00 159,752.11 Rentals, Leases, Repairs, and Noncap. Improvements 5600 97,502.05 128,731.92 0.00 128,731.92 Transfers of Direct Costs 5700-5799 0.00 0.00 0.00 0.00 Professional/Consulting Services & Operating Expend. 5800 401,117.66 733,809.51 0.00 733,809.51 Communications 5900 14,852.93 22,784.85 0.00 22,784.85 Total, Services and Other Operating Expenditures 611,297.14 1,079,197.00 0.00 1,079,197.00 6. Capital Outlay (Objects 6100-6170, 6200-6500 - modified accrual basis) Land and Improvements of Land 6100-6170 0.00 0.00 0.00 0.00 Buildings and Improvements of Buildings 6200 0.00 0.00 0.00 0.00 Books and Media for New School Libraries or Major Expansion of School Libraries 6300 0.00 0.00 0.00 0.00 Equipment 6400 0.00 0.00 0.00 0.00 Equipment Replacement 6500 0.00 0.00 0.00 0.00 Depreciation Expense (for full accrual basis only) 6900 0.00 0.00 0.00 0.00 Total, Capital Outlay 0.00 0.00 0.00 0.00 7. Other Outgo Tuition to Other Schools 7110-7143 0.00 0.00 0.00 0.00 Transfers of Pass-through Revenues to Other LEAs 7211-7213 0.00 0.00 0.00 0.00 Transfers of Apportionments to Other LEAs - Spec. Ed. 7221-7223SE 104,206.72 208,621.93 0.00 208,621.93 Transfers of Apportionments to Other LEAs - All Other 7221-7223AO 0.00 0.00 0.00 0.00 All Other Transfers 7281-7299 0.00 0.00 0.00 0.00 Transfer of Indirect Costs 7300-7399 0.00 0.00 0.00 0.00 Debt Service: Interest 7438 0.00 0.00 0.00 0.00 Principal 7439 0.00 0.00 0.00 0.00 Total, Other Outgo 104,206.72 208,621.93 0.00 208,621.93 8. TOTAL EXPENDITURES 2,972,455.34 4,568,722.18 237,988.57 4,806,710.76 C. EXCESS (DEFICIENCY) OF REVENUES OVER EXPEND. BEFORE OTHER FINANCING SOURCES AND USES (A5-B8) 600,000.00 0.00 0.00 0.00 Z:\Budget\18-19 District Budgets\SACS Data Files - Official\D97 KIPP Valiant Community Prep MYP Budget FY19-KIPP Valiant.xls 2 of 3 Revised 5/15/18
BUDGET REPORT - ALTERNATIVE FORM Est. Actuals Current Budget Year Description Object Code Prior Year Unrest. Rest. Total D. OTHER FINANCING SOURCES / USES 1. Other Sources 8930-8979 0.00 0.00 0.00 0.00 2. Less: Other Uses 7630-7699 0.00 0.00 0.00 0.00 3. Contributions Between Unrestricted and Restricted Accounts (must net to zero) 8980-8999 0.00 0.00 0.00 0.00 4. TOTAL OTHER FINANCING SOURCES / USES 0.00 0.00 0.00 0.00 E. NET INCREASE (DECREASE) IN FUND BALANCE (C + D4) 600,000.00 0.00 0.00 0.00 F. FUND BALANCE, RESERVES 1. Beginning Fund Balance a. As of July 1 9791 32,883.00 632,883.00 0.00 632,883.00 b. Adjustments/Restatements to Beginning Balance 9793, 9795 0.00 0.00 0.00 0.00 c. Adjusted Beginning Balance 32,883.00 632,883.00 0.00 632,883.00 2. Ending Fund Balance, June 30 (E + F.1.c.) 632,883.00 632,883.00 0.00 632,883.00 Components of Ending Fund Balance a. Nonspendable Revolving Cash 9711 0.00 0.00 0.00 Stores 9712 0.00 0.00 0.00 0.00 Prepaid Expenditures 9713 0.00 0.00 0.00 0.00 All Others 9719 0.00 0.00 0.00 0.00 b. Restricted 9740 0.00 0.00 c. Committed Stabilization Arrangements 9750 0.00 0.00 0.00 Other Commitments 9760 0.00 0.00 0.00 d. Assigned Other Assignments 9780 0.00 0.00 0.00 e. Unassigned/Unappropriated Reserve for Economic Uncertainties 9789 632,883.00 632,883.00 0.00 632,883.00 Unassigned / Unappropriated Amount 9790 0.00 0.00 0.00 0.00 Z:\Budget\18-19 District Budgets\SACS Data Files - Official\D97 KIPP Valiant Community Prep MYP Budget FY19-KIPP Valiant.xls 3 of 3 Revised 5/15/18
MULTI-YEAR PROJECTION - ALTERNATIVE FORM CDS #: 41 68999 0135608 Charter Approving Entity: Ravenswood City Elementary County: San Mateo Charter #: 1868 Fiscal Year: 2018/19 This charter school uses the following basis of accounting: X Accrual Basis (Applicable Capital Assets / Interest on Long-Term Debt / Long-Term Liabilities objects are 6900, 7438, 9400-9499, and 9660-9669) Modified Accrual Basis (Applicable Capital Outlay / Debt Service objects are 6100-6170, 6200-6500, 7438, and 7439) FY 2018/19 Totals for Totals for Description Object Code Unrestricted Restricted Total 2019/20 2020/21 A. REVENUES 1. LCFF Sources State Aid - Current Year 8011 2,915,705.19 0.00 2,915,705.19 4,058,761.33 4,627,347.82 Education Protection Account State Aid - Current Year 8012 541,488.11 0.00 541,488.11 755,375.91 833,891.69 State Aid - Prior Years 8019 0.00 0.00 0.00 0.00 0.00 Transfers of Charter Schools in Lieu of Property Taxes 8096 708,099.83 0.00 708,099.83 987,799.27 1,090,473.74 Other LCFF Transfers 8091, 8097 0.00 0.00 0.00 0.00 0.00 Total, LCFF Sources 4,165,293.13 0.00 4,165,293.13 5,801,936.51 6,551,713.25 2. Federal Revenues Every Student Succeeds Act (Titles I - V) 8290 0.00 171,201.20 171,201.20 230,307.74 276,067.69 Special Education - Federal 8181, 8182 0.00 0.00 0.00 0.00 0.00 Child Nutrition - Federal 8220 0.00 0.00 0.00 0.00 0.00 Donated Food Commodities 8221 0.00 0.00 0.00 0.00 0.00 Other Federal Revenues 8110, 8260-8299 0.00 0.00 0.00 0.00 0.00 Total, Federal Revenues 0.00 171,201.20 171,201.20 230,307.74 276,067.69 3. Other State Revenues Special Education - State StateRevSE 0.00 0.00 0.00 0.00 0.00 All Other State Revenues StateRevAO 73,993.00 66,787.37 140,780.37 111,925.24 228,711.18 Total, Other State Revenues 73,993.00 66,787.37 140,780.37 111,925.24 228,711.18 4. Other Local Revenues All Other Local Revenues LocalRevAO 329,436.05 0.00 329,436.05 46,298.47 52,368.18 Total, Local Revenues 329,436.05 0.00 329,436.05 46,298.47 52,368.18 5. TOTAL REVENUES 4,568,722.18 237,988.57 4,806,710.76 6,190,467.95 7,108,860.30 B. EXPENDITURES 1. Certificated Salaries Certificated Teachers' Salaries 1100 1,141,127.73 191,910.01 1,333,037.74 1,781,523.59 2,096,331.42 Certificated Pupil Support Salaries 1200 0.00 0.00 0.00 0.00 0.00 Certificated Supervisors' and Administrators' Salaries 1300 667,609.14 0.00 667,609.14 724,283.65 718,941.83 Other Certificated Salaries 1900 0.00 0.00 0.00 0.00 0.00 Total, Certificated Salaries 1,808,736.87 191,910.01 2,000,646.87 2,505,807.24 2,815,273.25 2. Non-certificated Salaries Non-certificated Instructional Aides' Salaries 2100 0.00 0.00 0.00 0.00 0.00 Non-certificated Support Salaries 2200 0.00 0.00 0.00 0.00 0.00 Non-certificated Supervisors' and Administrators' Sal. 2300 151,315.93 0.00 151,315.93 181,252.78 207,092.22 Clerical and Office Salaries 2400 0.00 0.00 0.00 0.00 0.00 Other Non-certificated Salaries 2900 0.00 0.00 0.00 0.00 0.00 Total, Non-certificated Salaries 151,315.93 0.00 151,315.93 181,252.78 207,092.22 Z:\Budget\18-19 District Budgets\SACS Data Files - Official\D97 KIPP Valiant Community Prep MYP Budget FY19-KIPP Valiant.xls 1 of 3 Revised 5/27/15
MULTI-YEAR PROJECTION - ALTERNATIVE FORM FY 2018/19 Totals for Totals for Description Object Code Unrestricted Restricted Total 2019/20 2020/21 3. Employee Benefits STRS 3101-3102 0.00 0.00 0.00 0.00 0.00 PERS 3201-3202 0.00 0.00 0.00 0.00 0.00 OASDI / Medicare / Alternative 3301-3302 149,944.04 14,681.12 164,625.15 205,560.09 231,210.96 Health and Welfare Benefits 3401-3402 209,815.27 20,543.15 230,358.42 283,675.79 317,590.01 Unemployment Insurance 3501-3502 12,451.83 1,219.17 13,671.00 16,058.00 17,143.00 Workers' Compensation Insurance 3601-3602 25,284.68 2,475.64 27,760.32 34,663.07 38,988.51 OPEB, Allocated 3701-3702 0.00 0.00 0.00 0.00 0.00 OPEB, Active Employees 3751-3752 0.00 0.00 0.00 0.00 0.00 Other Employee Benefits 3901-3902 73,122.81 7,159.50 80,282.31 104,506.24 121,265.26 Total, Employee Benefits 470,618.64 46,078.57 516,697.20 644,463.19 726,197.75 4. Books and Supplies Approved Textbooks and Core Curricula Materials 4100 0.00 0.00 0.00 0.00 0.00 Books and Other Reference Materials 4200 17,295.31 0.00 17,295.31 21,459.96 21,472.58 Materials and Supplies 4300 502,942.82 0.00 502,942.82 468,841.48 496,562.41 Noncapitalized Equipment 4400 329,993.70 0.00 329,993.70 279,922.24 328,244.63 Food 4700 0.00 0.00 0.00 0.00 0.00 Total, Books and Supplies 850,231.82 0.00 850,231.82 770,223.67 846,279.62 5. Services and Other Operating Expenditures Subagreements for Services 5100 0.00 0.00 0.00 0.00 0.00 Travel and Conferences 5200 0.00 0.00 0.00 0.00 0.00 Dues and Memberships 5300 0.00 0.00 0.00 0.00 0.00 Insurance 5400 34,118.61 0.00 34,118.61 42,404.38 42,723.34 Operations and Housekeeping Services 5500 159,752.11 0.00 159,752.11 214,327.76 241,223.94 Rentals, Leases, Repairs, and Noncap. Improvements 5600 128,731.92 0.00 128,731.92 214,787.63 235,691.58 Transfers of Direct Costs 5700-5799 0.00 0.00 0.00 0.00 0.00 Professional/Consulting Services and Operating Expend. 5800 733,809.51 0.00 733,809.51 952,597.20 1,062,818.84 Communications 5900 22,784.85 0.00 22,784.85 30,222.18 15,595.76 Total, Services and Other Operating Expenditures 1,079,197.00 0.00 1,079,197.00 1,454,339.15 1,598,053.46 6. Capital Outlay (Objects 6100-6170, 6200-6500 for mod. accrual basis) Land and Improvements of Land 6100-6170 0.00 0.00 0.00 0.00 0.00 Buildings and Improvements of Buildings 6200 0.00 0.00 0.00 0.00 0.00 Books and Media for New School Libraries or Major Expansion of School Libraries 6300 0.00 0.00 0.00 0.00 0.00 Equipment 6400 0.00 0.00 0.00 0.00 0.00 Equipment Replacement 6500 0.00 0.00 0.00 0.00 0.00 Depreciation Expense (for full accrual only) 6900 0.00 0.00 0.00 0.00 0.00 Total, Capital Outlay 0.00 0.00 0.00 0.00 0.00 7. Other Outgo Tuition to Other Schools 7110-7143 0.00 0.00 0.00 0.00 0.00 Transfers of Pass-through Revenues to Other LEAs 7211-7213 0.00 0.00 0.00 0.00 0.00 Transfers of Apportionments to Other LEAs - Spec. Ed. 7221-7223SE 208,621.93 0.00 208,621.93 267,150.34 308,700.79 Transfers of Apportionments to Other LEAs - All Other 7221-7223AO 0.00 0.00 0.00 0.00 0.00 All Other Transfers 7281-7299 0.00 0.00 0.00 0.00 0.00 Transfers of Indirect Costs 7300-7399 0.00 0.00 0.00 0.00 0.00 Debt Service: Interest 7438 0.00 0.00 0.00 0.00 0.00 Principal 7439 0.00 0.00 0.00 0.00 0.00 Total, Other Outgo 208,621.93 0.00 208,621.93 267,150.34 308,700.79 8. TOTAL EXPENDITURES 4,568,722.18 237,988.57 4,806,710.76 5,823,236.38 6,501,597.10 C. EXCESS (DEFICIENCY) OF REVENUES OVER EXPEND. BEFORE OTHER FINANCING SOURCES AND USES (A5-B8) 0.00 0.00 0.00 367,231.58 607,263.20 Z:\Budget\18-19 District Budgets\SACS Data Files - Official\D97 KIPP Valiant Community Prep MYP Budget FY19-KIPP Valiant.xls 2 of 3 Revised 5/27/15
MULTI-YEAR PROJECTION - ALTERNATIVE FORM FY 2018/19 Totals for Totals for Description Object Code Unrestricted Restricted Total 2019/20 2020/21 D. OTHER FINANCING SOURCES / USES 1. Other Sources 8930-8979 0.00 0.00 0.00 0.00 0.00 2. Less: Other Uses 7630-7699 0.00 0.00 0.00 0.00 0.00 3. Contributions Between Unrestricted and Restricted Accounts (must net to zero) 8980-8999 0.00 0.00 0.00 0.00 0.00 4. TOTAL OTHER FINANCING SOURCES / USES 0.00 0.00 0.00 0.00 0.00 E. NET INCREASE (DECREASE) IN FUND BALANCE (C + D4) 0.00 0.00 0.00 367,231.58 607,263.20 F. FUND BALANCE, RESERVES 1. Beginning Fund Balance a. As of July 1 9791 632,883.00 0.00 632,883.00 632,883.00 1,000,114.58 b. Adjustments to Beginning Balance 9793, 9795 0.00 0.00 0.00 0.00 0.00 c. Adjusted Beginning Balance 632,883.00 0.00 632,883.00 632,883.00 1,000,114.58 2. Ending Fund Balance, June 30 (E + F.1.c.) 632,883.00 0.00 632,883.00 1,000,114.58 1,607,377.78 Components of Ending Fund Balance a. Nonspendable Revolving Cash 9711 0.00 0.00 0.00 0.00 Stores 9712 0.00 0.00 0.00 0.00 0.00 Prepaid Expenditures 9713 0.00 0.00 0.00 0.00 0.00 All Others 9719 0.00 0.00 0.00 0.00 0.00 b. Restricted 9740 0.00 0.00 0.00 0.00 c. Committed Stabilization Arrangements 9750 0.00 0.00 0.00 0.00 Other Commitments 9760 0.00 0.00 0.00 0.00 d. Assigned Other Assignments 9780 0.00 0.00 0.00 0.00 e. Unassigned/Unappropriated Reserve for Economic Uncertainties 9789 632,883.00 0.00 632,883.00 1,000,114.58 1,607,377.78 Undesignated / Unappropriated Amount 9790 0.00 0.00 0.00 0.00 0.00 Z:\Budget\18-19 District Budgets\SACS Data Files - Official\D97 KIPP Valiant Community Prep MYP Budget FY19-KIPP Valiant.xls 3 of 3 Revised 5/27/15