· This document was provided, as is, to the California Department of Education (CDE) by the...

This document was provided, as is, to the California Department of Education (CDE) by the Ridgecrest Charter School. This document is posted to the CDE Web site to meet the legal requirements of California Education Code Section 33009.5.

For more information regarding the content of this material, please contact the Charter Schools Division by phone at 916-322-6029 or by e-mail at [email protected].

mailto:[email protected]

Ordinal Year Year 0 Year I Year II Year III Year IV Fiscal Year 2015–16 2016–17 2017–18 2018–19 2019–20 2020–21 2021–22

Audited Audited Estimated Adopted Long Range Long Range Long Range Budget Type Acct Code Actual Actual Actual Budget Projection Projection Projection I

I Key Budget and Financial Variables: Enrollment and ADA School Enrollment 421 475 515 550 576 598 620 School ADA at P-2 407.08 448.60 484.84 522.60 547.20 568.10 589.10 Ratio of P-2 ADA to Enrollment 96.7% 94.4% 94.1% 95.0% 95.0% 95.0% 95.0% I

A. Revenues:1. Revenue Limit Sources $ 2,862,887 $ 3,783,438 $ 4,091,987 $ 4,593,402 $ 4,927,028 $ 5,245,864 $ 5,592,154 2. Federal Revenues 264,619 288,588 334,087 357,200 372,900 386,300 399,800 3. Other State Revenues 541,383 731,395 654,500 696,498 634,972 651,736 668,546 4. Other Local Revenues 100,537 102,569 107,825 105,200 121,000 122,100 123,200 5. Total Revenues $ 3,769,425 $ 4,905,990 $ 5,188,400 $ 5,752,300 $ 6,055,900 $ 6,406,000 $ 6,783,700

B. Expenditures:1. Certificated Salaries 1000 $ 1,419,280 $ 1,468,406 $ 1,634,600 $ 1,952,200 $ 2,210,800 $ 2,430,400 $ 2,758,300 2. Noncertificated Salaries 2000 438,538 602,656 716,500 669,400 716,300 806,600 908,400 3. Employee Benefits 3000 499,177 615,266 795,400 907,400 1,059,300 1,199,500 1,334,800

Subtotal Compensation Costs 2,356,995 2,686,329 3,146,500 3,529,000 3,986,400 4,436,500 5,001,500 4. Books and Supplies 4000 318,258 253,155 324,500 422,600 431,800 378,500 402,100 5. Services and Other Operating Expenses 5000 680,319 649,028 723,700 1,227,500 1,119,900 1,141,400 1,161,500 6. Capital Outlay 6000 108,584 152,161 160,000 380,000 380,000 380,000 380,000 7. Other Outgo 7100-7400 - - - - - - -

8. Total Expenditures $ 3,464,156 $ 3,740,672 $ 4,354,700 $ 5,559,100 $ 5,918,100 $ 6,336,400 $ 6,945,100

C. Excess (Deficiency) of Revenues over Expenditures Before Other Financing Sources and UsesI I I I I I

1. Net Operations: Sub Total $ 305,269 $ 1,165,318 $ 833,700 $ 193,200 $ 137,800 $ 69,600 $ (161,400)

D. Other Financing Sources and Uses I 1. Other Financing Sources 8930-8979 $ - I $ - I $ - I $ - I $ - I $ - I $ -

I I I I I I

4. Total, Other Financing Sources and Uses $ - $ - $ - $ - $ - $ - $ -

E. Net Increase (Decrease) in Fund Balance I

1. Net Operations plus Total Other Financing Sources and Uses $ 305,269 $ 1,165,318 $ 833,700 $ 193,200 $ 137,800 $ 69,600 $ (161,400)

F. Fund Balance, Reserves1. Beginning Fund Balance

a. As of July 1 9791 $ 2,374,545 $ 2,679,815 $ 3,841,735 $ 4,675,435 $ 4,868,635 $ 5,006,436 $ 5,076,036 b1. Audit Adjustments to Beginning Balance 9793 - (3,399) - - - - -b2. Other Restatements to Beginning Balance 9795 - - - - - - -c. Adjusted Beginning Balance 2,374,545 2,676,416 3,841,735 4,675,435 4,868,635 5,006,436 5,076,036

I I I I I I

2. Ending Fund Balance, June 30 $ 2,679,815 $ 3,841,734 $ 4,675,434 $ 4,868,635 $ 5,006,435 $ 5,076,036 $ 4,914,636 Components of Ending Fund Balance (Optional):

Other Assignments 9780 1,558,609 2,381,888 2,295,865 2,488,740 2,324,926 2,336,752 2,358,281 Reserved for Economic Uncertainties 9789 138,566 149,627 174,188 222,364 236,724 253,456 277,804 Unassigned / Unappropriated Amount 9790 909,650 908,218 1,700,251 1,676,915 1,974,064 1,970,637 1,717,184

Ridgecrest Charter School Multi-Year Budget Executive Summary

12/19/2018 1 - Ridgecrest Charter School Budget (Original submitted with charter).xlsm:Executive Summary Section II: Page 1

Ridgecrest Charter School Budget and Financial Projections

accs-feb19item06 Attachment 4 Page 1 of 11


Acct Code I Audited Actual

Audited Actual

Estimated Actual

Adopted Budget

Long Range Projection



A. REVENUES 1. State Revenue Limit Sources

State Aid - Current Year 8011 2,092,880 2,666,209 2,845,457 3,394,389 3,671,575 3,942,459 4,240,569 Education Protection Account 8012 509,308 576,662 648,189 647,654 678,141 704,042 730,067 Prior year Adjustments Transfers in Lieu of Property Taxes

8019

8096

(92,922) 353,621

154,879 385,688

86,820 511,521

- 551,359

- 577,312

- 599,363

- 621,518

1. Subtotal State Revenue Limit Sources $ 2,862,887 I $ 3,783,438 I $ 4,091,987 $ 4,593,402 I $ 4,927,028 I $ 5,245,864 I $ 5,592,154

2. Federal Revenues l Every Student Succeeds Act (formerly No Ch 8290

ESSA: Title I, Part A 8290.3010 72,845 83,562 98,361 105,400 110,500 114,900 119,300 ESSA: Title II, Part A 8290.4035 908 3,786 14,590 15,700 16,500 17,200 17,900 ESSA: Title III, EL Student Programs 8290.4203 (733) - - - - - -

Subtotal, No Child Left Behind $ 73,020 $ 87,348 $ 112,951 $ 121,100 $ 127,000 $ 132,100 $ 137,200 Federal Special Education 8181-8182 64,776 71,216 77,000 83,000 87,000 90,400 93,800 Federal Child Nutrition (NSLP) 8220.53 99,825 104,879 113,400 122,300 128,100 133,000 138,000 Other Federal Programs

Federal Impact Aid (ESEA, TITLE VIII) NSLP Equipment Assistance Grant (CFDA #10

8110

8290.53

28,290 (1,292) I

25,145 -

I

30,736 -

30,800 -

I

30,800 - I

30,800 - I

30,800 -

Subtotal, Other Federal Programs $ 26,998 $ 25,145 $ 30,736 $ 30,800 $ 30,800 $ 30,800 $ 30,800

2. Subtotal Federal Revenues $ 264,619 $ 288,588 $ 334,087 $ 357,200 $ 372,900 $ 386,300 $ 399,800

3. Other State Revenues I State Special Education

State SpEd (602) StRevSE

8311.65 184,918 211,140 274,200 295,600 309,600 321,500 333,400 State SpEd (602) PY Adjustments 8319.65 - 4,686 36,200 - - - -State SpEd Mental Health 8590.65 - - - - - - -

Subtotal, State Special Education StRevSE $ 184,918 $ 215,826 $ 310,400 $ 295,600 $ 309,600 $ 321,500 $ 333,400 All Other State Revenues StRevAO

State Child Nutrition Funding Rate/ADA 8520.5310 8,241 8,365 9,100 9,900 10,400 10,800 11,200 Mandate Block Grant 8550 218,789 87,734 73,220 89,371 8,534 8,936 9,277 Lottery – Unrestricted 8560.1100 71,084 61,574 70,787 76,300 79,891 82,943 86,009 Lottery – Prop 20 Restricted 8560.6300 22,533 19,493 23,272 25,085 26,266 27,269 28,277 Charter School Facility Grant 8590.6030 - 336,450 68,250 200,000 200,000 200,000 200,000 Prop 39 Clean Energy Planning 8590.6230 - - 99,267 - - - -All Other State Programs 8590.99 621 1,954 204 242 281 288 383

Subtotal, All Other State Revenues StRevAO $ 356,465 $ 515,569 $ 344,100 $ 400,898 $ 325,372 $ 330,236 $ 335,146

3. Subtotal Other State Revenues $ 541,383 I $ 731,395 I $ 654,500 $ 696,498 I $ 634,972 I $ 651,736 I $ 668,546

4. Other Local Revenues Food Service Sales (paid meals) 8634.5310 16,419 20,750 22,600 24,200 25,500 26,600 27,700 Interest 8660 852 1,198 1,161 500 500 500 500 SSUSD Prop 39 Reimbursement 8699 80,500 80,500 80,500 80,500 95,000 95,000 95,000 Other Local Programs 8699 2,766 121 3,564 - - - -

4. Subtotal Other Local Revenues $ 100,537 $ 102,569 $ 107,825 $ 105,200 $ 121,000 $ 122,100 $ 123,200

5. TOTAL REVENUES $ 3,769,425 $ 4,905,990 $ 5,188,400 $ 5,752,300 $ 6,055,900 $ 6,406,000 $ 6,783,700

B. EXPENDITURES 1. Certificated Salaries

I 1000-1999

Certificated Teachers' Salaries 1100 1,088,845 1,209,644 1,344,200 1,632,600 1,882,800 2,094,100 2,413,600 Certificated Pupil Support Salaries 1200 - - - - - - -Certificated Supervisors' and Administrators' Sal 1300 330,435 258,762 290,400 319,600 328,000 336,300 344,700 Other Certificated Salaries 1900 - - - - - - -1. Subtotal Certificated Salaries $ 1,419,280 $ 1,468,406 $ 1,634,600 $ 1,952,200 $ 2,210,800 $ 2,430,400 $ 2,758,300

Ridgecrest Charter School Multi-Year Budget Summary

12/19/2018 1 - Ridgecrest Charter School Budget (Original submitted with charter).xlsm:Summary Section II: Page 1



Ordinal Year Fiscal Year

Acct Code

2015–16 Audited Actual

2016–17 Audited Actual

Year 0 2017–18

Estimated Actual

Year I 2018–19 Adopted Budget

Year II 2019–20


Year III 2020–21


Year IV 2021–22


2. Noncertificated Salaries Noncertificated Instructional Salaries Noncertificated Support Salaries Noncertificated Supervisors' and Administrators ' Clerical and Office Salaries Other Noncertificated Salaries

2000-2999

2100

2200

2300

2400

2900

137,036 116,018 42,101 96,567 46,816

217,798 119,413

71,786 142,047

51,613

267,460 160,875

89,600 143,550

55,015

209,150 160,000 104,200 125,480

70,570

246,300 155,300 116,500 125,700

72,500

284,400 173,300 130,300 140,500

78,100

328,000 193,600 145,800 157,300

83,700 2. Subtotal Noncertificated Salaries $ 438,538 $ 602,656 $ 716,500 $ 669,400 $ 716,300 $ 806,600 $ 908,400

3. Employee Benefits STRS PERS OASDI / Medicare / Alternative Health and Welfare Benefits Unemployment Insurance Workers' Compensation Insurance Other Employee Benefits

3000-3999

3101-3102

3201-3202

3301-3302

3401-3402

3501-3502

3601-3602

3901-3902

137,953 59,936 58,582 219,911 1,292 21,504 -

170,626 85,459 69,799

263,172 1,406

24,804 -

228,063 119,685

78,514 341,810

1,596 25,731

-

308,000 131,800

79,500 361,600

1,800 24,700

-

400,800 149,000

86,900 393,100

2,000 27,500

-

464,200 189,600

96,900 416,100

2,200 30,500

-

513,000 223,500 109,500 451,700

2,500 34,600

-3. Subtotal Employee Benefits $ 499,177 $ 615,266 $ 795,400 $ 907,400 $ 1,059,300 $ 1,199,500 $ 1,334,800

4. Books & Supplies 4000-4999

Approved Textbooks and Core Curricula Materia 4100 99,004 27,569 10,000 90,100 90,700 16,100 16,600 Books and Other Reference Materials 4200 359 - - - - - -Materials and Supplies 4300 85,071 82,188 119,500 158,600 170,300 180,000 191,500 Noncapitalized Equipment 4400 9,489 19,560 65,000 30,100 15,100 15,500 15,900 Food 4700 124,335 123,837 130,000 143,800 155,700 166,900 178,100 4. Subtotal Books & Supplies $ 318,258 $ 253,155 $ 324,500 $ 422,600 $ 431,800 $ 378,500 $ 402,100

5. Services & Operational Expenses Subagreements for Services Travel and Conferences Dues and Memberships Insurance Operations and Housekeeping Services Rentals, Leases, Repairs, and Noncap. Improve Professional/Consulting Services and Operating Communications

5000-5999

5100

5200

5300

5400

5500

5600

5800

5900

106,174 43,029 4,384 26,301 65,184 149,082 275,488 10,676

74,873 61,223

4,297 26,381 67,675

126,140 277,472

10,967

131,000 81,300

6,200 33,100 74,900

114,800 275,100

7,300

118,100 42,100

9,300 34,800 77,900

583,400 354,300

7,600

122,000 43,500

7,100 36,000 80,900

585,500 237,100

7,800

126,000 44,900

7,400 37,200 83,900

587,600 246,400

8,000

129,000 46,200

7,700 38,300 86,700

589,700 255,700

8,200 5. Subtotal Services & Operational Expenses $ 680,319 $ 649,028 $ 723,700 $ 1,227,500 $ 1,119,900 $ 1,141,400 $ 1,161,500

6. Capital Outlay Land and Land Improvements Buildings and Improvements of Buildings Books and Media for New School Libraries or Ma

Equipment Equipment Replacement Depreciation Expense

6000-6999

6100-6170

6200

6300

6400

6500

6900

- - - (3,400) - 111,984

- - - - -

152,161

- - - - -

160,000

- - - - -

380,000

- - - - -

380,000

- - - - -

380,000

- - - - -

380,000 6. Subtotal Capital Outlay $ 108,584 $ 152,161 $ 160,000 $ 380,000 $ 380,000 $ 380,000 $ 380,000

7. Other Outgo 7100-7499

7. Subtotal Other Outgo $ - $ - $ - $ - $ - $ - $ -

8. TOTAL EXPENDITURES I

$ 3,464,156 I

$ 3,740,672 I

$ 4,354,700 $ 5,559,100 $ I 5,918,100 I

$ 6,336,400 I

$ 6,945,100

C. Excess (Deficiency) of Revenues over Expenditures Before Other Financing Sources and Uses

1. Net Operations: Sub Total I $ 305,269 $ 1,165,319 $ 833,700 $ 193,200 $ 137,801 $ 69,600 $ (161,400)

D. Other Financing Sources and Uses No Other Financing Sources and Uses Currently in Use

1. Other Financing Sources

2. Less: Other Financing Uses

8930-8979

7630-7699 I $

- $

-

- $

-

- $

-

- $

-

- $

-

- $ -

- -






3. Contributions Between Unrestricted and

Audited Audited Estimated Adopted Long Range Long Range Long Range Acct Code Actual Actual Actual Budget Projection Projection Projection

Restricted Accounts (must net to zero) 8980-8999 - - - - - - -I I I I I

4. Total, Other Financing Sources and Uses $ - $ - $ - $ - $ - $ - $ -

E. Net Increase (Decrease) in Fund Balance

1. Net Operations plus Total Other Financing Sources and $ 305,269 $ 1,165,319 $ 833,700 $ 193,200 $ 137,801 $ 69,600 $ (161,400)

F. Fund Balance, Reserves1. Beginning Fund Balance I

a. As of July 1 9791 2,374,545 2,679,815 3,841,735 4,675,435 4,868,635 5,006,436 5,076,036 b1. Audit Adjustments to Beginning Balance 9793 - (3,399) - - - - -b2. Other Restatements to Beginning Balance 9795 - - - - - - -c. Adjusted Beginning Balance 2,374,545 2,676,416 3,841,735 4,675,435 4,868,635 5,006,436 5,076,036 I

2. Ending Fund Balance, June 30 $ 2,679,815 $ 3,841,735 $ 4,675,435 $ 4,868,635 $ 5,006,436 $ 5,076,036 $ 4,914,636

COMPONENTS FOR ENDING FUND BALANCE Restricted Balance 9740 72,990 402,002 505,131 480,616 470,722 515,191 561,368 I Designated Amounts l

Other Assignments 9780

Reserve for Building Project 9780 1,000,000 2,200,000 2,200,000 2,200,000 2,200,000 2,200,000 2,200,000 Reserve for Special Education Excess Costs 9780 250,000 - - - - - -Reserve for LCFF Implementation Uncertain

Subtotal, All Other Assignments 9780

9780

308,609 1,558,609

181,888 2,381,888

95,865 2,295,865

288,740 2,488,740

124,926 2,324,926

136,752 2,336,752

158,281 2,358,281

Reserve for Economic Uncertainty 9789 138,566 149,627 174,188 222,364 236,724 253,456 277,804 currently set at greater of $50,000 or 4% of Total Expenditures 4% 4% 4% 4% 4% 4% 4%

Unassigned/Unappropriated/Unrestricted Net Po 9790 909,650 908,218 1,700,251 1,676,915 1,974,064 1,970,637 1,717,184 TOTAL COMPONENTS FOR I I I I I I I ENDING FUND BALANCE $ 2,679,815 $ 3,841,735 $ 4,675,435 $ 4,868,635 $ 5,006,436 $ 5,076,036 $ 4,914,636





I

I I I I I I I I I I I

I I I I I I I I I I I

Ridgecrest Charter School — Cash Flow Summary Projections

2018–19

Beginning Balance plus Revenues less Expenses plus Other Cash Transa

Ending Balance

$

$

Jul

2,417,374 184,500 702,316 451,101

2,350,660

$

$

Aug

2,350,660 217,600 954,111

-1,614,149

$

$

Sep Oct Nov Dec Jan Feb Mar

1,614,149 $ 784,607 $ 3,060,149 $ 3,119,449 $ 3,285,149 $ 3,388,749 $ 3,371,349 $ 656,400 529,800 481,200 574,900 512,800 391,800 660,000

1,485,942 421,900 421,900 409,200 409,200 409,200 409,200 - 2,167,642 - - - - -

784,607 $ 3,060,149 $ 3,119,449 $ 3,285,149 $ 3,388,749 $ 3,371,349 $ 3,622,149 $

Apr

3,622,149 424,300 417,700

-3,628,749

$

$

May

3,628,749 386,300 396,900

-3,618,149

$

$

Jun

3,618,149 244,400 392,700

-3,469,849

$

$

Total

2,417,374 5,264,000 6,830,269 2,618,743 3,469,849

2019–20


Ending Balance

$

$

Jul

3,469,849 199,100 334,000 240,200

3,575,149

$

$

Aug

3,575,149 233,700 541,800

-3,267,049

$

$


3,267,049 $ 3,552,549 $ 3,660,749 $ 3,638,049 $ 3,811,349 $ 3,919,449 $ 3,901,249 $ 708,500 560,200 429,300 612,400 547,200 420,900 699,300 452,000 452,000 452,000 439,100 439,100 439,100 439,100 29,000 - - - - - -

3,552,549 $ 3,660,749 $ 3,638,049 $ 3,811,349 $ 3,919,449 $ 3,901,249 $ 4,161,449 $

Apr

4,161,449 454,500 447,700

-4,168,249

$

$

May

4,168,249 415,100 427,900

-4,155,449

$

$

Jun

4,155,449 255,900 423,600

-3,987,749

$

$

Total

3,469,849 5,536,100 5,287,400

269,200 3,987,749

2020–21


Ending Balance

$

$

Jul

3,987,749 213,200 331,300 238,200

4,107,849

$

$

Aug

4,107,849 249,200 570,900

-3,786,149

$

$


3,786,149 $ 4,072,949 $ 4,174,949 $ 4,145,149 $ 4,316,849 $ 4,420,649 $ 4,393,449 $ 743,800 589,400 457,600 647,700 579,800 448,800 736,100 487,400 487,400 487,400 476,000 476,000 476,000 476,000 30,400 - - - - - -

4,072,949 $ 4,174,949 $ 4,145,149 $ 4,316,849 $ 4,420,649 $ 4,393,449 $ 4,653,549 $

Apr

4,653,549 483,600 483,600

-4,653,549

$

$

May

4,653,549 442,900 464,600

-4,631,849

$

$

Jun

4,631,849 265,900 460,900

-4,436,849

$

$

Total

3,987,749 5,858,000 5,677,500

268,600 4,436,849

12/19/2018 1 - Ridgecrest Charter School 3-Year Cash Flow (Original submitted with charter).xlsx:CF_Summary page 1 of 1



Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Total SACS

2018 2019 2018–19 Code

Beginning Balance $ 2,417,374 $ 2,350,660 $ 1,614,149 $ 784,607 $ 3,060,149 $ 3,119,449 $ 3,285,149 $ 3,388,749 $ 3,371,349 $ 3,622,149 $ 3,628,749 $ 3,618,149 $ 2,417,374

Revenues State Aid - Current Year

Regular Principal Apportionment Portion 8011 169,700 169,700 305,500 305,500 305,500 305,500 305,500 305,500 305,500 305,500 305,500 - 3,088,900 Regular Education Protection Account Portion 8012 - - 161,900 - - 161,900 - - 161,900 - - 161,900 647,600 Regular Transfers to Charter Schools in Lieu of Prope 8096 - 33,100 66,200 44,100 44,100 44,100 44,100 44,100 77,200 38,600 38,600 38,600 512,800

Federal Programs $ 169,700 $ 202,800 $ 533,600 $ 349,600 $ 349,600 $ 511,500 $ 349,600 $ 349,600 $ 544,600 $ 344,100 $ 344,100 $ 200,500 $ 4,249,300 Federal Programs

~--------------------------------- ___ I

Title I through V Part A (incl. NCLB) Allocations 8290 - - - 30,300 - - 30,300 - - 30,300 - - 90,900 Federal Special Education 8181-8182 - - - - - - 83,000 - - - - - 83,000 Federal Child Nutrition (NSLP) 8220 - - 12,200 12,200 12,200 12,200 12,200 12,200 12,200 12,200 12,200 12,200 122,000 Other Federal Programs 8290 - - - 7,700 - - 7,700 - - 7,700 - - 23,100

Subtotal Federal Programs $ - $ - $ 12,200 $ 50,200 $ 12,200 $ 12,200 $ 133,200 $ 12,200 $ 12,200 $ 50,200 $ 12,200 $ 12,200 $ 319,000 Other State Revenues

~----------------------------------------------------------------------

State SpEd (602) 8311.65 14,800 14,800 26,600 26,600 26,600 26,600 26,600 26,600 26,600 26,600 26,600 - 269,000 State Child Nutrition Funding Rate/ADA 8520.531 - - 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 1,000 10,000 Mandate Block Grant 8550 - - - - 89,400 - - - - - - - 89,400 California Lottery, Restricted Portion 8560.63 - - - - - - - - - - - 7,500 7,500 California Lottery, Unrestricted Portion 8560.11 - - - - - 21,100 - - 23,100 - - 20,700 64,900 Charter School Facility Grant & Other State Revenues 8590 - - - 100,000 - - - - 50,000 - - - 150,000

Subtotal Other State Programs $ 14,800 $ 14,800 $ 27,600 $ 127,600 $ 117,000 $ 48,700 $ 27,600 $ 27,600 $ 100,700 $ 27,600 $ 27,600 $ 29,200 $ 590,800 Local Programs Food Service Sales (paid meals) 8634 - - 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 2,400 24,000 Interest 8660 - - 100 - - 100 - - 100 - - 100 400 SSUSD Prop 39 Reimbursement 8699 - - 80,500 - - - - - - - - - 80,500

Subtotal Local Revenues $ - $ - $ 83,000 $ 2,400 $ 2,400 $ 2,500 $ 2,400 $ 2,400 $ 2,500 $ 2,400 $ 2,400 $ 2,500 $ 104,900 Total Revenues $ 184,500 $ 217,600 $ 656,400 $ 529,800 $ 481,200 $ 574,900 $ 512,800 $ 391,800 $ 660,000 $ 424,300 $ 386,300 $ 244,400 $ 5,264,000

Expenses ~----------------------------------------------------------------------

1. Certificated Salaries 1000 $ - $ 162,700 $ 162,700 $ 162,700 $ 162,700 $ 162,700 $ 162,700 $ 162,700 $ 162,700 $ 162,700 $ 162,700 $ 162,700 $ 1,789,700 2. Noncertificated Salaries 2000 55,800 55,800 55,800 55,800 55,800 55,800 55,800 55,800 55,800 55,800 55,800 55,800 669,600 3. Employee Benefits 3000 19,300 75,600 75,600 75,600 75,600 75,600 75,600 75,600 75,600 75,600 75,600 75,600 850,900 4. Books and Supplies 4000 126,800 84,500 29,600 29,600 29,600 16,900 16,900 16,900 16,900 25,400 16,900 12,700 422,700 5. Services and Other Operating Expenses 5000 135,000 135,000 98,200 98,200 98,200 98,200 98,200 98,200 98,200 98,200 85,900 85,900 1,227,400 6. Capital Outlay less Depreciation 6000 365,416 440,511 1,064,042 - - - - - - - - - 1,869,969 7. Other Outgo 7100-7400 - - - - - - - - - - - - -

Total Expenses $ 702,316 $ 954,111 $ 1,485,942 $ 421,900 $ 421,900 $ 409,200 $ 409,200 $ 409,200 $ 409,200 $ 417,700 $ 396,900 $ 392,700 $ 6,830,269

Other Cash Transactions ~------------------------------------------------------------------Accounts Receivable (including PY Deferrals) 9200 $ 652,849 $ - $ - $ 19,782 $ - $ - $ - $ - $ - $ - $ - $ - $ 672,632

Loan Proceeds (Developer Working Capital) - - - 2,147,860 - - - - - - - - 2,147,860 Subtotal Other Cash Transactions IN $ 652,849 $ - $ - $ 2,167,642 $ - $ - $ - $ - $ - $ - $ - $ - $ 2,820,491

Accounts Payable 9500 $ 201,748 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 201,748 Repayment of Debt Principal 7439 - - - - - - - - - - - - -

Subtotal Other Cash Transactions OUT $ 201,748 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 201,748 Net Cash Position $ (66,715) $ (736,511) $ (829,542) $ 2,275,542 $ 59,300 $ 165,700 $ 103,600 $ (17,400) $ 250,800 $ 6,600 $ (10,600) $ (148,300) $ 1,052,474

Cumulative Cash Position $ 2,350,660 $ 1,614,149 $ 784,607 $ 3,060,149 $ 3,119,449 $ 3,285,149 $ 3,388,749 $ 3,371,349 $ 3,622,149 $ 3,628,749 $ 3,618,149 $ 3,469,849 $ 3,469,849

Ridgecrest Charter School — 2018–19 Cash Flow Worksheet

12/19/2018 1 - Ridgecrest Charter School 3-Year Cash Flow (Original submitted with charter).xlsx:CF_Y05 page 1 of 2



Total Rec'd Jul Aug Sep Oct Adjusted Total Budgeted Total Difference SACS

2018–19 2019 2019 2019 2019 2018–19 2018–19 Budget - Actual Code

Beginning Balance $ 2,417,374 $ 3,469,849 $ 3,710,049 $ 3,710,049 $ 3,739,049 $ 2,417,374 $ 2,417,374 $ -


Regular Principal Apportionment Portion 8011 3,088,900 305,500 - - - 3,394,400 3,394,389 (11) Regular Education Protection Account Portion 8012 647,600 100 - - - 647,700 647,654 (46) Regular Transfers to Charter Schools in Lieu of Prope 8096 512,800 38,600 - - - 551,400 551,359 (41)

Federal Programs $ 4,249,300 $ 344,200 $ - $ - $ - $ 4,593,500 $ 4,593,402 $ (98) 1~~11 Federal Programs I Title I through V Part A (incl. NCLB) Allocations 8290 90,900 30,200 - - - 121,100 121,100 -Federal Special Education 8181-8182 83,000 - - - - 83,000 83,000 -Federal Child Nutrition (NSLP) 8220 122,000 300 - - - 122,300 122,300 -Other Federal Programs 8290 23,100 7,700 - - - 30,800 30,800 -

Subtotal Federal Programs $ 319,000 $ 38,200 $ - $ - $ - $ 357,200 $ 357,200 $ -Other State Revenues I State SpEd (602) 8311.65 269,000 26,600 - - - 295,600 295,600 -State Child Nutrition Funding Rate/ADA 8520.531 10,000 (100) - - - 9,900 9,900 -Mandate Block Grant 8550 89,400 - - - - 89,400 89,371 (29) California Lottery, Restricted Portion 8560.63 7,500 - - 17,600 - 25,100 25,085 (15) California Lottery, Unrestricted Portion 8560.11 64,900 - - 11,400 - 76,300 76,300 -Charter School Facility Grant & Other State Revenues 8590 150,000 50,000 - - - 200,000 200,000 -

Subtotal Other State Programs $ 590,800 $ 76,500 $ - $ 29,000 $ - $ 696,300 $ 696,256 $ (44) Local Programs Food Service Sales (paid meals) 8634 24,000 200 - - - 24,200 24,200 -Interest 8660 400 100 - - - 500 500 -SSUSD Prop 39 Reimbursement 8699 80,500 - - - - 80,500 80,500 -

Subtotal Local Revenues $ 104,900 $ 300 $ - $ - $ - $ 105,200 $ 105,200 $ -Total Revenues $ 5,264,000 $ 459,200 $ - $ 29,000 $ - $ 5,752,200 $ 5,752,058 $ (142)

Expenses I 1. Certificated Salaries 1000 $ 1,789,700 $ 162,700 $ - $ - $ - $ 1,952,400 $ 1,952,200 $ (200) 2. Noncertificated Salaries 2000 669,600 - - - - 669,600 $ 669,400 (200) 3. Employee Benefits 3000 850,900 56,300 - - - 907,200 $ 907,400 200 4. Books and Supplies 4000 422,700 - - - - 422,700 $ 422,600 (100) 5. Services and Other Operating Expenses 5000 1,227,400 - - - - 1,227,400 $ 1,227,500 100 6. Capital Outlay less Depreciation 6000 1,869,969 - - - - 1,869,969 $ - (1,869,969) 7. Other Outgo 7100-7400 - - - - - - $ - -

Total Expenses $ 6,830,269 $ 219,000 $ - $ - $ - $ 7,049,269 $ 5,179,100 $ (1,870,169)

Other Cash Transactions I Accounts Receivable (including PY Deferrals) 9200 $ 672,632 $ - $ - $ - $ - $ 672,632 $ 672,632 $ -Loan Proceeds (Developer Working Capital) 2,147,860 - - - - 2,147,860 - (2,147,860)

Subtotal Other Cash Transactions IN $ 2,820,491 $ - $ - $ - $ - $ 2,820,492 $ 672,632 $ (2,147,860) Accounts Payable 9500 $ 201,748 $ - $ - $ - $ - $ 201,748 $ 201,748 $ -Repayment of Debt Principal 7439 - - - - - - - -

Subtotal Other Cash Transactions OUT $ 201,748 $ - $ - $ - $ - $ 201,748 $ 201,748 $ -Net Cash Position $ 1,052,474 $ 240,200 $ - $ 29,000 $ - $ 1,321,675 $ 1,043,842 $ (277,931)

Cumulative Cash Position $ 3,469,849 $ 3,710,049 $ 3,710,049 $ 3,739,049 $ 3,739,049 $ 3,739,049 $ 3,461,216 $ (277,931)

Ridgecrest Charter School — 2018–19 Cash Flow to Budget Reconciliation Worksheet





2019 2020 2019–20 Code

Beginning Balance $ 3,469,849 $ 3,575,149 $ 3,267,049 $ 3,552,549 $ 3,660,749 $ 3,638,049 $ 3,811,349 $ 3,919,449 $ 3,901,249 $ 4,161,449 $ 4,168,249 $ 4,155,449 $ 3,469,849




~--------------------------------- ___ I



~----------------------------------------------------------------------




Expenses ~----------------------------------------------------------------------

1. Certificated Salaries 1000 $ - $ 184,200 $ 184,200 $ 184,200 $ 184,200 $ 184,200 $ 184,200 $ 184,200 $ 184,200 $ 184,200 $ 184,200 $ 184,200 $ 2,026,200 2. Noncertificated Salaries 2000 59,700 59,700 59,700 59,700 59,700 59,700 59,700 59,700 59,700 59,700 59,700 59,700 716,400 3. Employee Benefits 3000 21,600 88,300 88,300 88,300 88,300 88,300 88,300 88,300 88,300 88,300 88,300 88,300 992,900 4. Books and Supplies 4000 129,500 86,400 30,200 30,200 30,200 17,300 17,300 17,300 17,300 25,900 17,300 13,000 431,900 5. Services and Other Operating Expenses 5000 123,200 123,200 89,600 89,600 89,600 89,600 89,600 89,600 89,600 89,600 78,400 78,400 1,120,000 6. Capital Outlay less Depreciation 6000 - - - - - - - - - - - - -7. Other Outgo 7100-7400 - - - - - - - - - - - - -

Total Expenses $ 334,000 $ 541,800 $ 452,000 $ 452,000 $ 452,000 $ 439,100 $ 439,100 $ 439,100 $ 439,100 $ 447,700 $ 427,900 $ 423,600 $ 5,287,400

Other Cash Transactions ~------------------------------------------------------------------Accounts Receivable (including PY Deferrals) 9200 $ 459,200 $ - $ 29,000 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 488,200

Loan Proceeds (Developer Working Capital) - - - - - - - - - - - - -Subtotal Other Cash Transactions IN $ 459,200 $ - $ 29,000 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 488,200


Subtotal Other Cash Transactions OUT $ 219,000 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 219,000 Net Cash Position $ 105,300 $ (308,100) $ 285,500 $ 108,200 $ (22,700) $ 173,300 $ 108,100 $ (18,200) $ 260,200 $ 6,800 $ (12,800) $ (167,700) $ 517,900

Cumulative Cash Position $ 3,575,149 $ 3,267,049 $ 3,552,549 $ 3,660,749 $ 3,638,049 $ 3,811,349 $ 3,919,449 $ 3,901,249 $ 4,161,449 $ 4,168,249 $ 4,155,449 $ 3,987,749 $ 3,987,749









Regular Principal Apportionment Portion 8011 3,341,200 330,400 - - - 3,671,600 3,671,575 (25) Regular Education Protection Account Portion 8012 678,000 100 - - - 678,100 678,141 41 Regular Transfers to Charter Schools in Lieu of Prope 8096 536,900 40,400 - - - 577,300 577,312 12

Federal Programs $ 4,556,100 $ 370,900 $ - $ - $ - $ 4,927,000 $ 4,927,028 $ 28 1~~11 Federal Programs I Title I through V Part A (incl. NCLB) Allocations 8290 95,100 31,900 - - - 127,000 127,000 -Federal Special Education 8181-8182 87,000 - - - - 87,000 87,000 -Federal Child Nutrition (NSLP) 8220 128,000 100 - - - 128,100 128,100 -Other Federal Programs 8290 23,100 7,700 - - - 30,800 30,800 -

Subtotal Federal Programs $ 333,200 $ 39,700 $ - $ - $ - $ 372,900 $ 372,900 $ 0Other State Revenues I State SpEd (602) 8311.65 282,100 27,500 - - - 309,600 309,600 -State Child Nutrition Funding Rate/ADA 8520.531 10,000 400 - - - 10,400 10,400 -Mandate Block Grant 8550 8,500 - - - - 8,500 8,534 34 California Lottery, Restricted Portion 8560.63 7,900 - - 18,400 - 26,300 26,266 (34) California Lottery, Unrestricted Portion 8560.11 67,900 - - 12,000 - 79,900 79,891 (9) Charter School Facility Grant & Other State Revenues 8590 150,000 50,000 - - - 200,000 200,000 -

Subtotal Other State Programs $ 526,400 $ 77,900 $ - $ 30,400 $ - $ 634,700 $ 634,691 $ (9) Local Programs Food Service Sales (paid meals) 8634 25,000 500 - - - 25,500 25,500 -Interest 8660 400 100 - - - 500 500 -SSUSD Prop 39 Reimbursement 8699 95,000 - - - - 95,000 95,000 -

Subtotal Local Revenues $ 120,400 $ 600 $ - $ - $ - $ 121,000 $ 121,000 $ -Total Revenues $ 5,536,100 $ 489,100 $ - $ 30,400 $ - $ 6,055,600 $ 6,055,619 $ 19

Expenses I 1. Certificated Salaries 1000 $ 2,026,200 $ 184,200 $ - $ - $ - $ 2,210,400 $ 2,210,800 $ 400 2. Noncertificated Salaries 2000 716,400 - - - - 716,400 $ 716,300 (100) 3. Employee Benefits 3000 992,900 66,700 - - - 1,059,600 $ 1,059,300 (300) 4. Books and Supplies 4000 431,900 - - - - 431,900 $ 431,800 (100) 5. Services and Other Operating Expenses 5000 1,120,000 - - - - 1,120,000 $ 1,119,900 (100) 6. Capital Outlay less Depreciation 6000 - - - - - - $ - -7. Other Outgo 7100-7400 - - - - - - $ - -

Total Expenses $ 5,287,400 $ 250,900 $ - $ - $ - $ 5,538,300 $ 5,538,100 $ (200)

Other Cash Transactions I Accounts Receivable (including PY Deferrals) 9200 $ 488,200 $ - $ - $ - $ - $ 488,200 $ 488,200 $ -Loan Proceeds (Developer Working Capital) - - - - - - - -

Subtotal Other Cash Transactions IN $ 488,200 $ - $ - $ - $ - $ 488,200 $ 488,200 $ -Accounts Payable 9500 $ 219,000 $ - $ - $ - $ - $ 219,000 $ 219,000 $ -Repayment of Debt Principal 7439 - - - - - - - -

Subtotal Other Cash Transactions OUT $ 219,000 $ - $ - $ - $ - $ 219,000 $ 219,000 $ -Net Cash Position $ 517,900 $ 238,200 $ - $ 30,400 $ - $ 786,500 $ 786,719 $ 219

Cumulative Cash Position $ 3,987,749 $ 4,225,949 $ 4,225,949 $ 4,256,349 $ 4,256,349 $ 4,256,349 $ 4,256,568 $ 219






2020 2021 2020–21 Code

Beginning Balance $ 3,987,749 $ 4,107,849 $ 3,786,149 $ 4,072,949 $ 4,174,949 $ 4,145,149 $ 4,316,849 $ 4,420,649 $ 4,393,449 $ 4,653,549 $ 4,653,549 $ 4,631,849 $ 3,987,749




~--------------------------------- ___ I



~----------------------------------------------------------------------




Expenses ~----------------------------------------------------------------------

1. Certificated Salaries 1000 $ - $ 202,500 $ 202,500 $ 202,500 $ 202,500 $ 202,500 $ 202,500 $ 202,500 $ 202,500 $ 202,500 $ 202,500 $ 202,500 $ 2,227,500 2. Noncertificated Salaries 2000 67,200 67,200 67,200 67,200 67,200 67,200 67,200 67,200 67,200 67,200 67,200 67,200 806,400 3. Employee Benefits 3000 24,900 99,900 99,900 99,900 99,900 99,900 99,900 99,900 99,900 99,900 99,900 99,900 1,123,800 4. Books and Supplies 4000 113,600 75,700 26,500 26,500 26,500 15,100 15,100 15,100 15,100 22,700 15,100 11,400 378,400 5. Services and Other Operating Expenses 5000 125,600 125,600 91,300 91,300 91,300 91,300 91,300 91,300 91,300 91,300 79,900 79,900 1,141,400 6. Capital Outlay less Depreciation 6000 - - - - - - - - - - - - -7. Other Outgo 7100-7400 - - - - - - - - - - - - -

Total Expenses $ 331,300 $ 570,900 $ 487,400 $ 487,400 $ 487,400 $ 476,000 $ 476,000 $ 476,000 $ 476,000 $ 483,600 $ 464,600 $ 460,900 $ 5,677,500

Other Cash Transactions ~------------------------------------------------------------------Accounts Receivable (including PY Deferrals) 9200 $ 489,100 $ - $ 30,400 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 519,500

Loan Proceeds (Developer Working Capital) - - - - - - - - - - - - -Subtotal Other Cash Transactions IN $ 489,100 $ - $ 30,400 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 519,500


Subtotal Other Cash Transactions OUT $ 250,900 $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ - $ 250,900 Net Cash Position $ 120,100 $ (321,700) $ 286,800 $ 102,000 $ (29,800) $ 171,700 $ 103,800 $ (27,200) $ 260,100 $ - $ (21,700) $ (195,000) $ 449,100

Cumulative Cash Position $ 4,107,849 $ 3,786,149 $ 4,072,949 $ 4,174,949 $ 4,145,149 $ 4,316,849 $ 4,420,649 $ 4,393,449 $ 4,653,549 $ 4,653,549 $ 4,631,849 $ 4,436,849 $ 4,436,849




accs-feb19item06 Attachment 4

Page 10 of 11





Regular Principal Apportionment Portion 8011 3,587,800 354,700 - - - 3,942,500 3,942,459 (41) Regular Education Protection Account Portion 8012 704,000 - - - - 704,000 704,042 42 Regular Transfers to Charter Schools in Lieu of Prope 8096 557,400 42,000 - - - 599,400 599,363 (37)

Federal Programs $ 4,849,200 $ 396,700 $ - $ - $ - $ 5,245,900 $ 5,245,864 $ (36) 1~~11 Federal Programs I Title I through V Part A (incl. NCLB) Allocations 8290 99,000 33,100 - - - 132,100 132,100 -Federal Special Education 8181-8182 90,400 - - - - 90,400 90,400 -Federal Child Nutrition (NSLP) 8220 133,000 - - - - 133,000 133,000 -Other Federal Programs 8290 23,100 7,700 - - - 30,800 30,800 -

Subtotal Federal Programs $ 345,500 $ 40,800 $ - $ - $ - $ 386,300 $ 386,300 $ -Other State Revenues I State SpEd (602) 8311.65 292,300 29,200 - - - 321,500 321,500 -State Child Nutrition Funding Rate/ADA 8520.531 11,000 (200) - - - 10,800 10,800 -Mandate Block Grant 8550 8,900 - - - - 8,900 8,936 36 California Lottery, Restricted Portion 8560.63 8,200 - - 19,100 - 27,300 27,269 (31) California Lottery, Unrestricted Portion 8560.11 70,500 - - 12,400 - 82,900 82,943 43 Charter School Facility Grant & Other State Revenues 8590 150,000 50,000 - - - 200,000 200,000 -

Subtotal Other State Programs $ 540,900 $ 79,000 $ - $ 31,500 $ - $ 651,400 $ 651,448 $ 48 Local Programs Food Service Sales (paid meals) 8634 27,000 (400) - - - 26,600 26,600 -Interest 8660 400 100 - - - 500 500 -SSUSD Prop 39 Reimbursement 8699 95,000 - - - - 95,000 95,000 -

Subtotal Local Revenues $ 122,400 $ (300) $ - $ - $ - $ 122,100 $ 122,100 $ -Total Revenues $ 5,858,000 $ 516,200 $ - $ 31,500 $ - $ 6,405,700 $ 6,405,712 $ 12

Expenses I 1. Certificated Salaries 1000 $ 2,227,500 $ 202,500 $ - $ - $ - $ 2,430,000 $ 2,430,400 $ 400 2. Noncertificated Salaries 2000 806,400 - - - - 806,400 $ 806,600 200 3. Employee Benefits 3000 1,123,800 75,000 - - - 1,198,800 $ 1,199,500 700 4. Books and Supplies 4000 378,400 - - - - 378,400 $ 378,500 100 5. Services and Other Operating Expenses 5000 1,141,400 - - - - 1,141,400 $ 1,141,400 -6. Capital Outlay less Depreciation 6000 - - - - - - $ - -7. Other Outgo 7100-7400 - - - - - - $ - -

Total Expenses $ 5,677,500 $ 277,500 $ - $ - $ - $ 5,955,000 $ 5,956,400 $ 1,400

Other Cash Transactions I Accounts Receivable (including PY Deferrals) 9200 $ 519,500 $ - $ - $ - $ - $ 519,500 $ 519,500 $ -Loan Proceeds (Developer Working Capital) - - - - - - - -

Subtotal Other Cash Transactions IN $ 519,500 $ - $ - $ - $ - $ 519,500 $ 519,500 $ -Accounts Payable 9500 $ 250,900 $ - $ - $ - $ - $ 250,900 $ 250,900 $ -Repayment of Debt Principal 7439 - - - - - - - -

Subtotal Other Cash Transactions OUT $ 250,900 $ - $ - $ - $ - $ 250,900 $ 250,900 $ -Net Cash Position $ 449,100 $ 238,700 $ - $ 31,500 $ - $ 719,300 $ 717,912 $ (1,388)

Cumulative Cash Position $ 4,436,849 $ 4,675,549 $ 4,675,549 $ 4,707,049 $ 4,707,049 $ 4,707,049 $ 4,705,661 $ (1,388)




accs-feb19item06 Attachment 4

Page 11 of 11

· This document was provided, as is, to the California Department of Education (CDE) by the...

Documents

Transcript of · This document was provided, as is, to the California Department of Education (CDE) by the...