REACH Budget Overview Parent 2021.xlsx


1	LCFF Budget Overview for Parents Template
2	Local Educational Agency (LEA) Name: REACH Leadership STEAM Academy
3	CDS Code: 33 67215 0126128
4	School Year: 2021 – 22
5	LEA contact information: Dr. Virgie Rentie, vrentie@reachroyals.org, (951) 275-8820
6	School districts receive funding from different sources: state funds under the Local Control Funding Formula (LCFF), other state funds, local funds, and federal funds. LCFF funds include a base level of funding for all LEAs and extra funding - called "supplemental and concentration" grants - to LEAs based on the enrollment of high needs students (foster youth, English learners, and low-income students).
7	Budget Overview for the 2021 – 22 School Year
8	This chart shows the total general purpose revenue REACH Leadership STEAM Academy expects to receive in the coming year from all sources.
9	The total revenue projected for REACH Leadership STEAM Academy is $8,244,919.00, of which $5,796,173.00 is Local Control Funding Formula (LCFF), $1,474,899.00 is other state funds, $95,000.00 is local funds, and $878,847.00 is federal funds. Of the $5,796,173.00 in LCFF Funds, $570,347.00 is generated based on the enrollment of high needs students (foster youth, English learner, and low-income students).
10	The LCFF gives school districts more flexibility in deciding how to use state funds. In exchange, school districts must work with parents, educators, students, and the community to develop a Local Control and Accountability Plan (LCAP) that shows how they will use these funds to serve students.
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12	This chart provides a quick summary of how much REACH Leadership STEAM Academy plans to spend for 2021 – 22. It shows how much of the total is tied to planned actions and services in the LCAP.
13	REACH Leadership STEAM Academy plans to spend $7,973,032.00 for the 2021 – 22 school year. Of that amount, $582,280.00 is tied to actions/services in the LCAP and $7,390,752.00 is not included in the LCAP. The budgeted expenditures that are not included in the LCAP will be used for the following: General Fund Budget Expenditures for the LCAP year not included in the LCAP will be used for expenditures such as certificated salaries, additional classified salaries, benefits, books & supplies, contracts & services, capital outlay, other outgo, and support costs.
14	Increased or Improved Services for High Needs Students in the LCAP for the 2021 – 22 School Year
15	In 2021 – 22, REACH Leadership STEAM Academy is projecting it will receive $570,347.00 based on the enrollment of foster youth, English learner, and low-income students. REACH Leadership STEAM Academy must describe how it intends to increase or improve services for high needs students in the LCAP. REACH Leadership STEAM Academy plans to spend $582,280.00 towards meeting this requirement, as described in the LCAP.
16	Update on Increased or Improved Services for High Needs Students in 2020 – 21
17	This chart compares what REACH Leadership STEAM Academy budgeted last year in the Learning Continuity Plan for actions and services that contribute to increasing or improving services for high needs students with what REACH Leadership STEAM Academy estimates it has spent on actions and services that contribute to increasing or improving services for high needs students in the current year.
18	In 2020 – 21, REACH Leadership STEAM Academy's Learning Continuity Plan budgeted $623,495.00 for planned actions to increase or improve services for high needs students. REACH Leadership STEAM Academy actually spent $654,371.00 for actions to increase or improve services for high needs students in 2020 – 21.