Alpine Grossmont Proposed (Before Reorg) (Before Reorg) Proposed FY 2016–17 Grossmont Unrestricted Unrestricted GF Alpine Fund Balances (without GF Unaudited Unified Alpine) Unaudited Actuals Actuals Net Increase (Decrease) in Fund ($1,318,828) ($213,241) $637,034 ($466,013) Balance Beginning Fund Balance $18,691,120 $18,050,344 $1,176,369 $1,817,145 July 1 Ending Fund Balance $17,372,292 $17,837,103 $1,813,403 $1,351,132 June 30 Enrollment 17,035 16,451 1,745 2,561 1d: Components of Ending Fund Balances Alpine Grossmont FY 2016–17 Proposed (Before Reorg) (Before Proposed Components of Grossmont Unrestricted Unrestricted GF Alpine Ending Fund (without GF Unaudited Unified Balances Alpine) Unaudited Actuals Actuals Ending Fund Balance $17,372,292 $17,837,103 $1,813,403 $1,351,132 June 30 Nonspendable $265,781 $256,670 $113,075 $122,187 Assigned $7,420,325 $7,165,939 $0 $254,386 Unassigned $0 $1,060,373 $1,700,328 $642,494 Reserve for Economic $9,686,186 $9,354,121 $0* $332,065 Uncertainties Fund 17 Ending Fund $881,737 $851,509 $0 $30,228 Balance * In its unaudited actuals, Alpine UESD did not classify any of its 2016–17 ending fund balance as reserves for economic uncertainties. However, the $1.7 million that Alpine UESD classified as unassigned allows the district to maintain more than minimum required amount of reserves.
FY 2016–17 Fund Balances Grossmont (Before Reorg) Unrestricted GF Unaudited Actuals Proposed Grossmont (without Alpine) Alpine (Before Reorg) Unrestricted GF Unaudited Actuals Proposed Alpine Unified Net Increase (Decrease) in Fund Balance ($1,318,828) ($213,241) $637,034 ($466,013) Beginning Fund Balance July 1 $18,691,120 $18,050,344 $1,176,369 $1,817,145 Ending Fund Balance June 30 $17,372,292 $17,837,103 $1,813,403 $1,351,132 Enrollment 17,035 16,451 1,745 2,561 1d: Components of Ending Fund Balances FY 2016–17 Components of Ending Fund Balances Grossmont (Before Unrestricted GF Unaudited Actuals Proposed Grossmont (without Alpine) Alpine (Before Reorg) Unrestricted GF Unaudited Actuals Proposed Alpine Unified Ending Fund Balance June 30 $17,372,292 $17,837,103 $1,813,403 $1,351,132 Nonspendable $265,781 $256,670 $113,075 $122,187 Assigned $7,420,325 $7,165,939 $0 $254,386 Unassigned $0 $1,060,373 $1,700,328 $642,494 Reserve for Economic Uncertainties $9,686,186 $9,354,121 $0* $332,065 Fund 17 Ending Fund Balance $881,737 $851,509 $0 $30,228 * In its unaudited actuals, Alpine UESD did not classify any of its 2016–17 ending fund balance as reserves for economic uncertainties. However, the $1.7 million that Alpine UESD classified as unassigned allows the district to maintain more than minimum required amount of reserves.
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