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CHARTER SCHOOL
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ADOPTED BUDGET FINANCIAL REPORT
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Charter School Name:
Temecula Preparatory School
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(continued)
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CDS #:33-75192-3330917
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Charter Approving Entity:
Temecula Valley Unified
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County:Riverside
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Charter #:0284
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Fiscal Year:2024-2025
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This charter school uses the following basis of accounting:
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X
Accrual Basis (Applicable Capital Assets / Interest on Long-Term Debt / Long-Term Liabilities objects are 6900, 7438, 9400-9499, and 9660-9669)
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Modified Accrual Basis (Applicable Capital Outlay / Debt Service objects are 6100-6170, 6200-6500, 7438, and 7439)
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2024-25 Estimated Actuals2025-26 Adopted Budget - July 1st
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DescriptionObject CodeUnrestrictedRestrictedTotalUnrestrictedRestrictedTotal
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A.
REVENUES
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1.
LCFF Sources
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State Aid - Current Year8011 6,006,615.00 - 6,006,615.00 6,288,207.00 - 6,288,207.00
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Education Protection Account (EPA) - Current Year8012 2,176,310.00 - 2,176,310.00 2,198,590.00 - 2,198,590.00
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State Aid - Prior Years8019 3,718.00 - 3,718.00 - - -
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Transfers to Charter Schools in Lieu of Property Taxes8096 4,000,425.00 - 4,000,425.00 3,802,818.00 - 3,802,818.00
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Other LCFF Transfers8091, 8097 - - - - -
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Total, LCFF Sources 12,187,068.00 - 12,187,068.00 12,289,615.00 - 12,289,615.00
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2.
Federal Revenues
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No Child Left Behind 8290 - 158,425.00 158,425.00 - 105,289.00 105,289.00
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Special Education - Federal8181, 8182 - 132,876.00 132,876.00 - 149,906.00 149,906.00
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Child Nutrition - Federal8220 - 133,866.00 133,866.00 - 133,635.00 133,635.00
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Other Federal Revenues8110, 8260-8299 - - - - - -
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Total, Federal Revenues - 425,167.00 425,167.00 - 388,830.00 388,830.00
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3.
Other State Revenues
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Special Education - StateStateRevSE - 651,152.00 651,152.00 - 948,452.00 948,452.00
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All Other State RevenuesStateRevAO 232,560.00 768,115.00 1,000,675.00 229,917.00 648,087.00 878,004.00
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Total, Other State Revenues 232,560.00 1,419,267.00 1,651,827.00 229,917.00 1,596,539.00 1,826,456.00
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4.
Other Local Revenues
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All Other Local RevenuesLocalRevAO 520,000.00 4,008.00 524,008.00 370,000.00 - 370,000.00
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Total, Local Revenues 520,000.00 4,008.00 524,008.00 370,000.00 - 370,000.00
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5.
TOTAL REVENUES
12,939,628.00 1,848,442.00 14,788,070.00 12,889,532.00 1,985,369.00 14,874,901.00
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B.
EXPENDITURES
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1.
Certificated Salaries
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Certificated Teachers' Salaries1100 3,905,680.00 659,641.00 4,565,321.00 4,628,869.00 - 4,628,869.00
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Certificated Pupil Support Salaries1200 - - - 135,588.00 208,705.00 344,293.00
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Certificated Supervisors' and Administrators' Salaries1300 559,431.00 118,263.00 677,694.00 523,768.00 115,835.00 639,603.00
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Other Certificated Salaries1900 201,591.00 - 201,591.00 - - -
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Total, Certificated Salaries 4,666,702.00 777,904.00 5,444,606.00 5,288,225.00 324,540.00 5,612,765.00
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2.
Non-certificated Salaries
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Non-certificated Instructional Aides' Salaries2100 170,655.00 261,949.00 432,604.00 115,177.00 324,997.00 440,174.00
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Non-certificated Support Salaries2200 151,520.00 160,084.00 311,604.00 149,549.00 163,310.00 312,859.00
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Non-certificated Supervisors' and Administrators' Sal.2300 397,340.00 2,550.00 399,890.00 409,525.00 - 409,525.00
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Clerical and Office Salaries2400 298,061.00 700.00 298,761.00 302,082.00 - 302,082.00
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Other Non-certificated Salaries2900 669,436.00 8,300.00 677,736.00 686,764.00 - 686,764.00
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Total, Non-certificated Salaries 1,687,012.00 433,583.00 2,120,595.00 1,663,097.00 488,307.00 2,151,404.00
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3.
Employee Benefits
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STRS3101-3102 876,300.00 94,888.00 971,188.00 941,905.00 96,780.00 1,038,685.00
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PERS3201-3202 489,186.00 48,908.00 538,094.00 501,798.00 49,000.00 550,798.00
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OASDI / Medicare / Alternative3301-3302 200,905.00 42,815.00 243,720.00 196,701.00 42,061.00 238,762.00
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Health and Welfare Benefits3401-3402 615,560.00 81,600.00 697,160.00 755,800.00 81,600.00 837,400.00
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Unemployment Insurance3501-3502 49,301.00 7,091.00 56,392.00 40,796.00 6,076.00 46,872.00
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Workers' Compensation Insurance3601-3602 83,142.00 21,275.00 104,417.00 175,187.00 21,703.00 196,890.00
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OPEB, Allocated3701-3702 - - - - - -
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OPEB, Active Employees3751-3752 - - - - - -
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Other Employee Benefits3901-3902 - - - - - -
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Total, Employee Benefits 2,314,394.00 296,577.00 2,610,971.00 2,612,187.00 297,220.00 2,909,407.00
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4.
Books and Supplies
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Approved Textbooks and Core Curricula Materials4100 184,957.00 77,759.00 262,716.00 190,505.00 80,092.00 270,597.00
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Books and Other Reference Materials4200 585.00 - 585.00 603.00 - 603.00
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Materials and Supplies4300 330,918.00 29,622.00 360,540.00 340,844.00 30,511.00 371,355.00
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Noncapitalized Equipment4400 121,730.00 363,371.00 485,101.00 125,382.00 374,272.00 499,654.00
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Food4700 35,973.00 329,174.00 365,147.00 37,052.00 339,049.00 376,101.00
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Total, Books and Supplies 674,163.00 799,926.00 1,474,089.00 694,386.00 823,924.00 1,518,310.00
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Services and Other Operating Expenditures
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Subagreements for Services5100 362,728.00 - 362,728.00 368,688.00 - 368,688.00
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Travel and Conferences5200 54,323.00 44,864.00 99,187.00 55,954.00 46,209.00 102,163.00
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Dues and Memberships5300 48,614.00 1,479.00 50,093.00 50,072.00 1,524.00 51,596.00
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Insurance5400 93,642.00 - 93,642.00 96,451.00 - 96,451.00
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Operations and Housekeeping Services5500 305,439.00 - 305,439.00 314,602.00 - 314,602.00
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Rentals, Leases, Repairs, and Noncap. Improvements5600 52,328.00 - 52,328.00 53,898.00 - 53,898.00
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Professional/Consulting Services and Operating Expend.5800 658,831.00 121,716.00 780,547.00 678,595.00 125,368.00 803,963.00
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Communications5900 20,679.00 30.00 20,709.00 21,299.00 31.00 21,330.00
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Total, Services and Other Operating Expenditures 1,596,584.00 168,089.00 1,764,673.00 1,639,559.00 173,132.00 1,812,691.00
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6.Capital Outlay
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(Objects 6100-6170, 6200-6500 modified accrual basis only)
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Land and Land Improvements6100-6170 - - - - - -
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Buildings and Improvements of Buildings6200 - - - - - -
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Books and Media for New School Libraries or Major - -
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Expansion of School Libraries6300 - - - - - -
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Equipment 6400 - - - - - -