Budget Summary and Files 2015-16
The graph above shows approximately 74% of the General Fund expenditures in 2015-16 were on employee salaries and benefits.
Approximately 20% of the Unrestricted General Fund expenditures were supported by LCFF Supplemental & Concentration Funding (includes LCFF EIA).
2015-16 General Fund Review
Hawthorne School District General Fund income received in 2015-16 was $96.4 million, with $72.3 million from LCFF Sources. Total General Fund expenditures for the year were $96.9 million, with $71.8 million spent on employee salaries and benefits. Overall, the decrease in fund balance was $486,628.51 with an ending Unrestricted Fund Balance of $6.6 million. The district was able to meet the required 3% reserve for economic uncertainty of $2.4 million.
Financial Documents
2015-16 AdoptedBudget Financial Report
2015-16 AdoptedBudget Presentation
Fund Balance and Reserves_Presentation.pdf
First Interim 2015-2016_12-09-15 Official Signed Copy.pdf
2015-16 First Interim Financial Report_AB_12-14-15.pptx
Second Interim 2015-2016_03_23_2016.pdf
2015-16 Second Interim Financial Report_JM_03-30-2016.pptx
