LCFF Fiscal Topics Criteria and Standards

FISCAL TOPICS - LCFF 1 SACS CRITERIA & STANDARDS FISCAL TOPICS 11/9/2015

Criteria and Standards 2 ADA, Enrollment, and LCFF Revenue 11/9/2015 FISCAL TOPICS - LCFF

1A. The Districts ADA Variance 3 Criterion 1 Average Daily Attendance (ADA) Fundedaverage daily attendance (ADA) has not been overestimated in the first prior fiscal year or in two or more of the previous three fiscal years by more than the standard percentage level determined by the P-2 ADA of the LEA Source of Data Actual funded ADA will be preloaded by the CDE from the second and third prior years' unaudited actual submissions, and extracted from Form A/Form MYP for the first prior year. 11/9/2015 FISCAL TOPICS - LCFF

1A. The Districts ADA Variance 4 Preloaded from prior reporting Funded ADA-see LCFF calculations 11/9/2015 FISCAL TOPICS - LCFF

1A. The Districts ADA Variance 5 Where do you find this on the LCFF spreadsheet? This is line 159 on the LCFF 15-16 First Interim spreadsheet. Funded ADA 11/9/2015 FISCAL TOPICS - LCFF

1A. The Districts ADA Variance 6 You can also find at bottom in Mock up of Form A (line 830) (if applicable, add Charter ADA on line 866) 11/9/2015 FISCAL TOPICS - LCFF

3B. Ratio of ADA to Enrollment 7 Criterion 3 ADA to Enrollment Projected second period (P-2) ADA to enrollment ratio for any of the budget year or two subsequent fiscal years has not increased from the historical average ratio from the three prior fiscal years by more than one half of one percent. (0.5%) Source of Data P-2 ADA and enrollment projections for each of the two subsequent fiscal years must be manually entered unless Form MYP exists, in which case P-2 ADA for the two subsequent fiscal years will be extracted. 11/9/2015 FISCAL TOPICS - LCFF

3B. Ratio of ADA to Enrollment 8 A. B. A. Current Year Extracted from Form AI. Line A4 = District Regular ADA Line C1 = District Charter ADA Line C2e is used by COE If MYP exists, Subsequent Years ADA will be pulled, if not need data input (see LCFF calculation spreadsheet) B. Enrollment see LCFF calculation spreadsheet 11/9/2015 FISCAL TOPICS - LCFF

3B. Ratio of ADA to Enrollment 9 Thoughts to consider when entering data: Since CURRENT YEAR is EXTRACTED from FORM AI, (lines A6 + C9); this pulls in COE Operated ADA in the Current Year data Although this data is preloaded, SACS allows LEAs to manually adjust CY & PY data A2-B2. Districts can EXCLUDE COE Operated ADA and Enrollment LEAs can manually adjust 2014-15 & 2015-16 P- 2 ADA to EXCLUDE COE Operated ADA This may be more consistent with the way the data is compared in the prior fiscal years in Section 3A. (2012-13 to 2014-15 P-2 ADA to Enrollment) A1-B1. For consistency with the current year data, districts can also include COE Operated ADA and Enrollment for MYP data. This may not be consistent with the historical ratio of ADA to enrollment. (Can explain in Section 3C.) -OR- CDE is aware of this issue & is working to update SACS software. FISCAL TOPICS - LCFF 11/9/2015

3BContinued P-2 ADA 10 A1. In 3B, P-2 numbers include District Funded County Program ADA 11/9/2015 FISCAL TOPICS - LCFF

3BContinued Enrollment 11 B1. In 3B, P-2 numbers include District Funded County Program ADA 11/9/2015 FISCAL TOPICS - LCFF

3BContinued P-2 ADA 12 A2. In 3B, P-2 numbers DO NOT include District Funded County Program ADA District Operated ADA 11/9/2015 FISCAL TOPICS - LCFF

3BContinued Enrollment 13 B2. In 3B, P-2 numbers DO NOT include District Funded County Program ADA 11/9/2015 FISCAL TOPICS - LCFF

4A1. LCFF Revenue Standard (Interim Budget) 14 Criterion 4-Local Control Funding Formula (LCFF) Revenue Projected LCFF revenue for any of the current fiscal year or two subsequent fiscal years has not changed by more than two percent since the previous reporting period. 11/9/2015 FISCAL TOPICS - LCFF

4A1. LCFF Revenue Standard (Interim Budget) 15 LCFF Revenue (Fund 01, Object 8011, 8012, 8020-8089) 11/9/2015 FISCAL TOPICS - LCFF

4A1. LCFF Revenue Standard (Interim Budget) Where do you find this on the LCFF spreadsheet? 16 Line # Add lines 507+508+509+510+ 518 11/9/2015 FISCAL TOPICS - LCFF

4A1. LCFF Revenue Standard (Adopted Budget) 17 Criterion 4-Local Control Funding Formula (LCFF) Revenue Projected LCFF revenue for any of the budget year or two subsequent fiscal years has not changed from the prior fiscal year by more than the change in population, plus the district sgap funding or its cost-of-living adjustment (COLA) and its economic recovery target payment. For basic aid school districts[excess property tax counties], projected LCFF revenue has not changed from the prior fiscal year by more than the percent change in property tax revenues plus or minus one percent. For school districts funded by necessary small school formulas, projected LCFF revenue has not changed from the prior fiscal year amount by more than the district s gap funding or COLA and its economic recovery target payment, plus or minus one percent. 11/9/2015 FISCAL TOPICS - LCFF

4A1. LCFF Revenue Standard (Adopted Budget) 18 This is line 247 on the LCFF 15-16 First Interim spreadsheet. LCFF Excel Workbook 11/9/2015 FISCAL TOPICS - LCFF

4A1. LCFF Revenue Standard (Adopted Budget) 19 *NOTE: Use FUNDED ADA in a. and b. 11/9/2015 FISCAL TOPICS - LCFF

4A1. LCFF Revenue Standard (Adopted Budget) 20 LCFF Revenue (Fund 01, Object 8011, 8012, 8020-8089) NOTE: No deduction for In-Lieu Taxes 11/9/2015 FISCAL TOPICS - LCFF

4A1. LCFF Revenue Standard (Adopted Budget) 21 RESULTS See prior slide 11/9/2015 FISCAL TOPICS - LCFF