Item Coversheet

Mountain View Whisman School District

Agenda Item for Board Meeting of 9/8/2022


Agenda Item Title:  2021-2022 Unaudited Actuals Budget Report (15 minutes)

Estimated Time:  15 minutes

Person Responsible: 

Ron Wheelehan, Interim Chief Business Officer


The budget process of a school district requires the district to produce and adopt a budget by June 30 for the upcoming year. The Board is required to certify twice each year that the District is able to meet its financial obligations during the year.  The two intermediary reports give the district the opportunity to adjust the budget's revenues and expenditures based on the current climate and events. The First Interim reports July 1 - October 31 and is adopted by December 15. The Second Interim reports July 1 - January 31 and is adopted by March 15. In September, the district publishes the Unaudited Actual Report based on July 1 - June 30 of the previous year.


After closing the books of 2021-2022, per AB 1200, the District is required to submit a report to the County Office of Education of unaudited actual revenues and expenditures. The District will be audited in fall 2022 for the 2021-2022 year and staff will present the Auditor's report to the Board later this fall prior to meet the January 2023 deadline.


The 2021-2022 Unaudited Actual Report provides updated financial information for the District for any possible changes to the 2021-2022 Adopted Budget in preparation for the First Interim Budget in December 2022. The First Interim Budget in December also allows for any changes to revenue or reductions enacted by the State for the 2022-2023 State budget post the District's adoption of the 2022-2023 budget.

Fiscal Implication:

Fund 01 General Fund

Beginning Balance: $31,514,819

Total Revenues: $98,465,930

Total Expenditures: $91,190,995

Ending Balance: $38,789,754


Unrestricted Ending Balance: $30,888,589

Unrestricted Reserve Level: 33.87%

Net Increase/(Decrease): $7,274,935

Recommended Action: 

No action required.

DescriptionTypeUpload Date
SACS 2021-2022 Unaudited ActualsBackup Material9/1/2022
Summary of 2021-2022 Unaudited Actual Data SubmissionBackup Material9/1/2022
2021-2022 Unaudited Actual Report, PresentationBackup Material9/1/2022