Parent Townhall MeetingJanuary 29th, 2012

Welcome and Principal’s Address

Introduction of Laifun Chung and Vivian Rescalvo

 Budget Outlook 2012-2013

Open Forum

Arts High Foundation Board of Directors

Laifun Chung, president

Vivian Rescalvo, member

Estimated Budget Outlook

2012-2013

Total Public Revenue

$5.3 M(5,297,448)

This is the sum of all public funds. This figure reflects a trigger cut amounting to $225, 000 for LACHSA from the

SY2011-2012.

Total Expenditures (including arts programs)

$6.5 M ($6, 492, 364)

This is the total cost of all LACHSA operations.

Total Public Revenue

$5.3M

_

Total Expeditures

$6.5M

= ___________________________________

($1.2M) Shortfall($1,194,916)

Arts High Foundation Total Contributed to LACHSA2010-2012

Institution Contributions2010-2011 2011-2012*$628, 107 $603, 347

LACHSA Parents/Individuals2010-2011 2011-2012*$387, 842 $274, 473

*Collected as of December 2011

Arts High Foundation Estimated Contributions if No Increase from 2011-2012

2012-2013Institution Contributions

$603, 347*

LACHSA Parents/Individuals

$274, 473*

Shortfall -$317, 096

d

Estimated Need from Arts High Foundation

$1.2M($1,194,916)

d