06-16-26 SVUSD Special Board Meeting - LCAP & Budget (at District Office)

1 SIMI VALLEY UNIFIED SCHOOL DISTRICT BOARD OF EDUCATION MINUTES OF SPECIAL BOARD MEETING TUESDAY, JUNE 16, 2026 CALL TO ORDER OPEN SESSION The special board meeting of the Board of Education was called to order by Trustee Smollen at 4:25 p.m. in the Board Room located at the District Offices, 101 W. Cochran St., Simi Valley, CA 93065. PRESENT Board Members: Mike James, Kareem Jubran, Dr. Steve Pietrolungo, Dawn Smollen and Dr. Ron Resnick Staff Members: Dr. Hani Youssef, Superintendent Ron Todo, Associate Superintendent Julie Ellis, Assistant Superintendent Sean Goldman, Assistant Superintendent Dr. Jerry Block, Assistant Superintendent Dr. Jamie Snodgrass, Assistant Superintendent FLAG SALUTE Trustee Smollen led the flag salute. CLOSED SESSION Trustee Smollen adjourned to closed session at 4:25 p.m. PUBLIC COMMENT - None CONVENE The Board then conducted the following in closed session: CLOSED SESSION 3.1. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #11-25/26 3.2. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #12-25/26 3.3. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #13-25/26 3.4. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #14-25/26 3.5. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #15-25/26 3.6. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #16-25/26

2 3.7. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #17-25/26 3.8. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #18-25/26 3.9. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #19-25/26 3.10. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #20-25/26 3.11. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #21-25/26 3.12. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #22-25/26 3.13. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #23-25/26 3.14. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #24-25/26 3.15. CONFIDENTIAL STUDENT MATTERS: The Board of Education will meet in closed session to consider a recommendation on confidential student matters (student case #12; Resolution #43-25/26) per California Education Codes 48916, 49073-49079; Expulsion 3.16. CONFERENCE with LABOR NEGOTIATORS: The Board of Education will meet in closed session pursuant to Government Code §54957. CSEA, SEA, and SVCA; Julie Ellis, District Negotiator 3.17. PUBLIC EMPLOYMENT MATTERS: The Board of Education will meet in closed session in accordance with provisions in Government Code Section 54957, Public Employment Matters – Discipline, Dismissal, Release 3.18. PUBLIC EMPLOYMENT MATTERS: The Board of Education will meet in closed session in accordance with provisions in Government Code Section 54957, Public Employment Matters – Consider the appointment of an Assistant Principal

3 3.19. PUBLIC EMPLOYMENT MATTERS: The Board of Education will meet in closed session in accordance with provisions in Government Code Section 54957, Public Employment Matters – Consider the appointment of an Assistant Principal CLOSED SESSION ADJOURNMENT Motion #203 MSCU, Resnick/Jubran, (5/0), Trustee Smollen adjourned the closed session at 5:22 p.m. Ayes: James, Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: None Abstained: None RECONVENE OPEN SESSION The Board reconvened at 5:24 p.m. for open session. Trustee Smollen reported the following action(s) taken in closed session: STUDENT MATTERS (3.1.) Motion #204 Vote: MSCU, Jubran/Pietrolungo, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #11-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.2.) Motion #205 Vote: MSCU, Jubran/Pietrolungo, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #12-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.3.) Motion #206 Vote: MSCU, Jubran/Pietrolungo, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #13-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.4.) Motion #207 Vote: MSCU, Jubran/Pietrolungo, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #14-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.5.) Motion #208 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #15-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.6.) Motion #209 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #16-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None

4 STUDENT MATTERS (3.7.) Motion #210 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #17-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.8.) Motion #211 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #18-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.9.) Motion #212 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #19-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.10.) Motion #213 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #20-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.11.) Motion #214 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #21-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.12.) Motion #215 Vote: MSCU, Smollen/Resnick, (4/0/1) The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #22-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.13.) Motion #216 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #23-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.14.) Motion #217 Vote: MSCU, Smollen/Resnick, (4/0/1), The Board met in closed session to consider a recommendation on confidential student matters per California Education Codes 48916, 49073-49079; Readmit Case #24-25/26 Ayes: Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: James Abstained: None STUDENT MATTERS (3.15.) MSCU, Resnick/Pietrolungo, (5/0), The Board met in closed session to consider a recommendation on confidential student matters (student case #12; Resolution #43- 25/26) per California Education Codes 48916, 49073-49079; Expulsion

5 Motion #218 Vote: Ayes: James, Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: None Abstained: None CSEA/SEA/SVCA (3.16.) No Action PUBLIC EMPLOYMENT MATTERS (3.17.) Motion #219 Vote: MSCU, Smollen/Resnick, (5/0), The Board met in closed session in accordance with provisions in Government Code Section 54957, Public Employment Matters – Discipline, Dismissal, Release Ayes: James, Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: None Abstained: None PUBLIC EMPLOYMENT MATTERS (3.18.) Motion #220 Vote: MSCU, Pietrolungo/Jubran, (5/0), The Board met in closed session in accordance with provisions in Government Code Section 54957, Public Employment Matters – Consider the appointment of an Assistant Principal • Dr. Hani Youssef introduced Ms. Lucy Lombardi as the new Assistant Principal at Hillside Middle School. Ayes: James, Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: None Abstained: None PUBLIC EMPLOYMENT MATTERS (3.19.) Motion #221 Vote: MSCU, James/Pietrolungo, (5/0), The Board met in closed session in accordance with provisions in Government Code Section 54957, Public Employment Matters – Consider the appointment of an Assistant Principal • Dr. Hani Youssef introduced Ms. Allison McMartin as the new Assistant Principal at Simi Valley High School. Ayes: James, Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: None Abstained: None APPROVAL OF THE AGENDA Motion #222 Vote: MSCU, Resnick/Pietrolungo, (5/0), the Board of Education approved the agenda. Ayes: Pietrolungo, Jubran, Smollen, Resnick, and James Noes: None Absent: None Abstained: None MINUTES 06-09-26 Motion #223 Vote: MSCU, Smollen/Jubran, (5/0), the Board approved the Minutes of the Regular Board Meeting on June 9, 2026, as presented Ayes: James, Pietrolungo, Jubran, Smollen and Resnick Noes: None Absent: None Abstained: None COMMUNICATIONS: PUBLIC COMMENTS Trustee Smollen reported that there were no blue cards (individuals requesting to speak to the Board) were received. There were no yellow cards (individuals stating their opinion and not wanting to speak to the Board) received. At this point in the meeting visitors and employee organizations may address items that are on the agenda. • None CONSENT CALENDAR: The consent items listed below will be approved by the Board in one action. However, a Board member may remove an item for individual discussion and action.

6 Motion #224 Vote: MSC, Jubran/Smollen, (5/0), Approved the Consent Calendar. Ayes: James, Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: None Abstained: None 1. EDUCATIONAL SERVICES 1.1. Approval and Adoption of New Board Policy 5141.75 – Weather Safety 1.2. Approval and Adoption of Revised Board Policy and Administrative Regulation 5142 – Safety 2. BUSINESS & FACILITIES 2.1. Approval of Change Order No. 1 for the SVUSD Audio Systems Renovations – 2 Stadiums Project 2.2. Approval and Adoption of Updated Board Policy 7110 – Facilities Master Plan ACTION CALENDAR: EDUCATIONAL SERVICES LCAP (1.1.) Motion #225 Vote: MSCU, Smollen/Jubran, (5/0), the Board of Education approved and adopted the Annual Update for Developing the 2026-2027 Local Control and Accountability Plan (LCAP), the Local Control Funding Formula (LCFF), Budget Overview for Parents and Local Indicators Ayes: James, Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: None Abstained: None BUSINESS & FACILITIES PROPOSED BUDGET (2.1.) Motion #226 Vote: MSCU, Resnick/Pietrolungo, (5/0), the Board of Education approved and adopted the 2026-2027 Proposed Budget • Mr. Ron Todo led a presentation on the 2026-2027 Proposed Budget (available on our website) Ayes: Pietrolungo, James, Resnick, Jubran, and Smollen Noes: None Absent: None Abstained: None ANNOUNCEMENTS 1. August 18, 2026 - 5:00 p.m., Regular Board Meeting, City Hall, Council Chambers, 2929 Tapo Canyon Road, Simi Valley, CA, 93063 ADJOURNMENT Motion #227 Vote: MSCU, Resnick/Smollen, (5/0), Trustee Smollen adjourned the meeting at 6:23 p.m. Ayes: James, Pietrolungo, Jubran, Smollen, and Resnick Noes: None Absent: None Abstained: None Approved on August 18, 2026 MSCU=Motion, Seconded, Carried, Unanimous _________________________________ ____________________________ President Dawn Smollen Dr. Hani Youssef, Superintendent

Simi Valley Unified School District 2026-2027 Proposed Budget June 16, 2026

Presentation Proposed Budget Process Budget Assumptions Proposed Budget – Revenue and Expenditures Multi-Year Projection & Assumptions Areas to be Addressed/Looking Ahead

2026-2027 Proposed Budget School districts throughout California are required to pass their Annual Budget prior to July 1. The Proposed Annual Budget is based on information contained in the Governor’s January Proposed State Budget and the Governor’s May Revision. This Proposed Annual Budget is only a “place holder” budget. The District will be required to adopt a revised budget after the legislature has approved a State Budget, and the Governor has signed the budget . What the Board is approving tonight is due to the “budget process.” There very likely will be changes due to changes in the State budget.

 "Placeholder Budget” – This is not the final word!  Increased COLA from projections:  Proposed 2.30%,  Governors January Proposal 2.41%,  May Revision: Statutory COLA 2.87% + Augmentation 1.44% for a total COLA 4.31%.  Higher COLA to cover 14 weeks of paid Pregnancy Disability Leave.  2026-2027 LCFF Funding: $194,803,991  Second Interim Projections: LCFF $191,772,843  2025-2026: LCFF $188,755,153  Statutory COLA 2.87% + Augmentation 1.44% for a total of 4.31%  Unduplicated Count Percentage 47.93% (- 0.13% below 25-26 projected)  Supplemental Funds $16,499,315 (+ $481,095)  Minimum Proportionality Percentage (MPP) 8.47%  2026-2027 Funded ADA 14,339.45  3 year rolling average Budget Assumptions

Budget Assumptions • Lottery - $272 per ADA (+12) – Unrestricted $190 – Restricted $ 82 • Step Increase – Certificated: 1.44% – Classified: 1.17% • STRS (19.10% to 19.10%) (2013-2014: 8.25%) • PERS 2025-26 to 2026-27 (26.81% to 26.40%):$147,109 decrease (2024-25 to 2025-26 27.05% to 26.81%) (2013-2014: 11.442%)

Budget Assumptions • Budget Reductions - Personnel – Certificated Personnel • Reduction of 15.0 Teachers –Currently staffed to known enrollment. –Retirements and Temporary Contracts –Staffing according to class size and student contract formulas.

Budget Assumptions Assumptions Transitional Kindergarten: 20:2 K-3 Class Size Reduction: 24:1 Class Size Secondary Schools: 180 Student Contacts per day Liability and Property Insurance: increase $436,285  From 2025-2026 Second Interim to 2026-2027 Proposed (+12%)  All Assumptions are subject to change based on Ending Fund Balance, State Budget and Negotiations

Revenue Revenue Source 2025-2026 Est. Actuals 2026-2027 Proposed LCFF $188,735,045 $194,803,991 Federal $9,434,195 $8,287,943 Other State $35,905,426 $29,633,860 Local and Transfers $22,536,744 $17,538,799 Total $256,611,410 $250,264,593

Expenditures Item 2025-2026 Est. Actuals 2026-2027 Proposed Certificated Salaries $100,020,685 $96,622,594 Classified Salaries $38,530,872 $38,441,107 Employee Benefits $74,662,394 $74,825,210 Books and Supplies $8,826,443 $8,550,385 Services $39,077,265 $36,228,823 Capital Outlay $2,891,932 $1,216,840 Other Outgo $624,699 $368,304 Transfers ($670,000) ($670,000) Other Financing Uses $0 $0 Total $263,964,290 $255,583,263

Ending Fund Balance 2026-2027 Proposed Budget BEGINNING FUND BALANCE $48,287,324 TOTAL REVENUES $250,264,593 TOTAL EXPENDITURES $255,583,263 FUND BALANCE INCREASE/DECREASE ($5,318,670) OTHER FINANCING SOURCES $908,580 ADJUSTED EXCESS/DEFICIT ($4,410,090) ENDING FUND BALANCE TOTAL $43,877,234

80% 3% 1% 0% 16% UNRESTRICTED REVENUE LCFF Other State Other Local Transfers In Contributions 9% 28% 17% 0% 46% RESTRICTED REVENUE Federal Other State Other Local Transfers In Contributions Contribution: $39,280,429 Routine Restricted Maintenance: $7,191,543 Special Education: $32,088,886 Supplemental: 6.78% of Total Budget 8.47% of LCFF Funding

78% 3% 12% 7%0% COMBINED REVENUE LCFF Federal Other State Other Local Transfers In

Ending Fund Balance - Unrestricted Breakdown Revolving Cash $81,500 Stores $90,000 Reserve for Economic Uncertainty @4% $10,225,530 Instructional Materials (Lottery 1100) $8,564,998 Underground Storage Tank $10,000 Textbook Replacement $57,906 Student Device Replacement $26,914 One Time Discretionary $180,342 Studio Funds $300,489 Unassigned/Unappropriated $2,985,123 Total Unrestricted $22,522,802

Ending Fund Balance – Restricted Breakdown Early Intervention $3,368,849 SB 117 Covid 19 Response $165,466 SSPDBG $1,423,406 Expanded Learning Opport. Program $7,857,766 Class. Emp. Prof. Devel. $122,427 Instructional Materials (Lottery 6300) $2,606,436 Learning Recovery Block Grant $560,403 RDA $1,635,144 Prop 28 Arts & Music $2,925,049 LCFF Equity Multiplier $537,338 Teacher Residency Mentor Grant $33,748 Ethnic Studies $2,933 Literacy Screening $102,980 Friday Night Live $12,440 Classified Copy Fees $47 Total Restricted $21,354,432 TOTAL UNRESTRICTED AND RESTRICTED $43,877,234

Ongoing vs. One Time: 2026-2027 Proposed EXPENDITURES Ongoing One –Time and/or Restricted Combined Certificated Salaries $95,059,986 $1,562,608 $96,622,594 Classified Salaries $38,441,107 $ 0 $38,441,107 Employee Benefits $74,278,736 $546,474 $74,825,210 Books and Supplies $8,260,385 $290,000 $8,550,385 Services & Operating $35,148,916 $1,079,907 $36,228,823 Capital Outlay $1,210,240 $6,600 $1,216,840 Other Outgo $368,304 $ 0 $368,304 Transfer of Indirects ($670,000) $ 0 ($670,000) Transfers Out $ 0 $ 0 $ 0 Total Expenditures $252,097,674 $3,485,589 $255,583,263 REVENUE Ongoing One –Time and/or Restricted Combined Beginning Balance $ 42,637,584 $ 5,649,740 $ 48,287,324 LCFF $194,803,991 $ 0 $194,803,991 Federal Revenue $8,287,943 $ 0 $8,287,943 State Revenue $29,633,860 $ 0 $29,633,860 Local Revenue $17,538,799 $ 0 $17,538,799 Other Sources/Transfers In $908,580 $ 0 $908,580 Total Revenue $251,173,173 $ 0 $251,173,173 Total Ongoing Funds Available Available One - Time Total Funds Available Beginning Balance plus Revenue $293,810,757 $ 5,649,740 $299,460,497

Deficit Spending???? • Look at Ongoing Funding vs. One Time Funding • Ongoing Deficit Spending: $924,501 – Revenue Increase due to rising COLA • 2026-2027 COLA @ 2025-2026 Proposed: 2.30% • 2026-2027 COLA @ 2025-2026 January Proposal: 2.41% • 2026-2027 COLA @ @2025-2026 May Revise: statutory COLA 2.87% + Augmentation 1.44% for a total COLA 4.31% – Beginning Fund Ongoing Balance: $42,637,584 • One Time Funding – Stimulus Funds – Deadlines for Spending – Creates Deficit Spending

Multi-Year Projection Description 2026/2027 2027/2028 2028/2029 Revenues $251,173,173 $254,370,077 $258,559,347 Expenditures $255,583,263 $254,951,312 $256,253,381 Beginning Balance $48,287,324 $43,877,234 $43,295,999 Net Increase/Decrease in Fund Balance ($4,410,090) ($581,235) $2,305,966 Ending Balance $43,877,234 $43,295,999 $45,601,965 Assigned $9,140,649 $10,000,000 $10,000,000 Restricted $21,354,432 $19,257,507 $17,396,057 Reserves $10,225,530 $10,198,052 $10,250,135 Undesignated $2,985,123 $3,668,940 $7,784,273 Commitments - - Non-Spendable $171,500 $171,500 $171,500 COLA: 2026-2027: statutory COLA 2.87% + Augmentation 1.44%, 2027-2028: 3.30%, 2028-2029: 3.09%

Multi-Year Projection - Unrestricted Description 2026/2027 2027/2028 2028/2029 Revenues $165,463,784 $168,342,426 $171,981,697 Expenditures $165,840,029 $166,826,736 $167,814,281 Net Increase/Decrease ($376,245) $1,515,690 $4,167,416 Beginning Balance $22,899,047 $22,522,802 $24,038,492 Ending Balance $22,522,802 $24,038,492 $28,205,908 Assigned $9,140,649 $10,000,000 $10,000,000 Restricted $0 $0 $0 Reserves $10,225,530 $10,198,052 $10,250,135 Undesignated $2,985,123 $3,668,940 $7,784,273 Other Commitments - - - Non-Spendable $171,500 $171,500 $171,500

2026-27 2027-28 2028-29 Combined $251,173,173 $254,370,077 $258,559,347 $251 $254 $259 $0 $50 $100 $150 $200 $250 $300 Millions Revenue

2026-27 2027-28 2028-29 Restricted $85,709,389 $86,027,650 $86,577,649 Unrestricted $165,463,784 $168,342,427 $171,981,698 $165.5 $168.3 $171.9 $85.7 $86.0 $86.6 $0 $50 $100 $150 $200 $250 $300 Millions Unrestricted vs Restricted Revenue

2026-27 2027-28 2028-29 Combined $255,583,263 $254,951,312 $256,253,383 $256 $255 $256 $0 $50 $100 $150 $200 $250 $300 Millions Expense

2026-27 2027-28 2028-29 Restricted $89,743,234 $88,124,576 $88,439,100 Unrestricted $165,840,029 $166,826,736 $167,814,283 $166 $167 $168 $90 $88 $88 $0 $50 $100 $150 $200 $250 $300 Millions Unrestricted vs Restricted Expense

2026-27 2027-28 2028-29 Unassigned/Unappropriated $2,985,124 $3,668,941 $7,784,273 Reserve for Economic Uncertainties $10,225,530 $10,198,052 $10,250,135 Assigned $9,140,649 $10,000,000 $10,000,000 Restricted $21,354,433 $19,257,507 $17,396,056 Nonspendable $171,500 $171,500 $171,500 $21 $19 $17 $9 $10 $10 $10 $10 $10 $3 $4 $8 $0 $5 $10 $15 $20 $25 $30 $35 $40 $45 $50 Millions Ending Fund Balance

Reminders – This MYP is based on the May Revise • Goal: Align ongoing expenditures with ongoing revenue. • Multiyear Projections are not predictions of the future, they are not forecasts. They are assumptions based on today’s information and are expected to change. • They are exactly wrong…but should be approximately right…and school districts must do them. • 2026-2027 Proposed Budget is truly a "Placeholder Budget"

Current Status of Budget Deal – LCFF Base Grant Adjustment: Statutory COLA 2.87% + Augmentation 1.44% for a total COLA of 4.31% – Legislature has approved a budget. • Still needs to be negotiated and signed by the Governor. (June 15) • Three Potential Funding Impacts • Need to pass a budget in order for legislators to continue to be paid. – Only applies to the major budget bill. – Does not apply to K-12 omnibus bills which contains implementation language.

What to look for in the 2026-2027 Budget – Increase in Special Education Funding from $918.95/ADA to $1340/ADA $6,039,663 of additional ongoing funding – Learning Recovery Emergency Block Grant Settle Up (2021/2022) – $228 Per ADA based on 2021-2022 ADA and UPP $1,247,976 One-Time Funds – Student Support and Professional Development Block Grant (Round 2) – $937 Per ADA $13,274,786 One-Time Funds Total Potential Additional Funds: $20,562,425 PROP 98 Withholding: $3.9 Billion: approx. $650 = $9.2 Million

Multi-Year Assumptions 2027-2028 Projected Decline in Enrollment: (222) Reduce 7 FTE, Declining Enrollment: $974,754 STRS no change PERS 26.40% to 26.80% ($142,093 increase) Cost of Living Adjustment: 3.30% Property and Liability Insurance Increases: $525,157 All assumptions are subject to changed based on Ending Fund Balance, State Budget and Negotiations

Multi-Year Assumptions 2028-2029 Projected Decline in Enrollment: (191) Reduce 6 FTE, Declining Enrollment: $840,646 STRS no change PERS 26.80% to 25.90% ($322,746 decrease) Cost of Living Adjustment: 3.09% Property and Liability Insurance Increases: $682,703  All Assumptions are subject to change based on Ending Fund Balance, State Budget and Negotiations

• State Budget Changes – Sign by 6/15/2026 – Trailer Bills/Legislation • Issues impacting future budgets – Decreased Average Daily Attendance – Declining Enrollment – Negotiated Agreements – COLA increases • Are the projected COLAS for 2026/2027 and 2027/2028 realistic? • 2027-2028 and 2028-2029 fiscal years are projections • Deficit Spending Areas to be Addressed

The actuals of the 2025/2026 ending fund balance will change. The district will close the books on these funds prior to September 15, 2026. Any remaining balances will be reflected in the ending fund balance. The 26-27 State Budget is yet to be approved. The changes for 26-27 will be made at a 45 Day Revision. 2026-2027 Proposed Budget

Simi Valley Unified School District From Here to Anywhere