OVERRIDE DECISIONSunnyside Unified School District No. 12

May 28, 2015Presented by: Mr. Hector M. Encinas, CFO

Prepared By: Ms. Brenda K. Maloney, Budget Analyst

Maintenance & OperationsOverride

• FY2010 M&O Override $8,275,225

Maintenance & OperationsOverride

• FY2011 M&O Override $7,994,214

Maintenance & OperationsOverride

• FY2012 M&O Override $7,835,033

Maintenance & OperationsOverride

• FY2013 M&O Override $5,286,437

Maintenance & OperationsOverride

• FY2014 M&O Override $2,553,457

Maintenance & OperationsOverride

• FY2015 M&O Override $0.00(this past year)

• FY2016 M&O Override $0.00(next year)

Maintenance & OperationsOverride

• FY2017 Projected at 15% if approved $11,670,000

SUNNYSIDE UNIFIED SCHOOL DISTRICT NO. 12Maintenance and Operation – Potential Scenarios*

Estimated Impact Shown in Voter information Pamphlet

10% Override

12% Override

15% Override

Override Amount (assumes RCL $77,800,000)

$7,780,000

$9,336,000 $11,670,000

Assessed ValuationEstimated Tax Rate

$1.92 $2.30 $2.88

Tax Impact:$100,00 home

$191.89 $230.26 $287.83

2015/16 Avg. Value Home ($68,271) $131.00 $157.20 $196.50

$1,000,000 Commercial $3,549.87 $4,259.85 $5,324.81

2015/16 Avg. Commercial ($578,561) $2,053.82 $2,464.58 $3,080.73

Figures as of May 5, 2015All figures are estimates and expected to change.

Maintenance & OperationsOVERRIDE 2015

FY2017 Projected at 15% if approved

$11,670,000What would it cost per year?

$2.88 per $100 of Assessed Valuation

$100,000 Home $287.43Avg. SUSD Home $196.50

$1 million Commercial Property $5,324.81Avg. SUSD Commercial Property $3,080.73