CWC LA - Cash Balance (January 2012)

CWC LA - Cash Balance 2012-13 (January 2012) 1,200,000 Cash Balance 1,000,000 800,000 ($1,000s) 600,000 400,000 200,000 - CWC LA - Actuals/Projected CWC LA - ed (Nov) 1 1

CWC Hollywood - Financial Dashboard (January 2013) ($1,000s) $450 $400 $350 $300 $250 $200 $150 $100 $50 $- Cash Balance Income Statement Actual YTD YTD YTD B/(W) Total Forecast % of Total Full Year Total % of Total B/(W) Principal Apportionment 487,948 430,723 57,225 1,252,908 56% 1,296,092 54% (43,184) Federal Revenue 46,740 40,610 6,130 113,174 5% 130,756 5% (17,581) State Revenue 134,692 136,807 (2,115) 339,211 15% 350,254 15% (11,042) Other Local Revenue 108,719 136,661 (27,942) 197,893 9% 251,729 11% (53,836) Grants/Fundraising 167,428 193,286 (25,858) 353,693 16% 360,210 15% (6,518) TOTAL REVENUE 945,528 938,087 7,441 2,256,880 100% 2,389,041 100% (132,161) Salaries & Benefits 771,744 798,040 26,295 1,485,474 66% 1,472,439 65% (13,035) Student Supplies 38,656 85,276 46,621 122,337 5% 158,795 7% 36,457 Operating Expenses 240,127 191,318 (48,809) 439,322 20% 417,929 18% (21,392) Other 49,166 96,808 47,642 202,564 9% 213,513 9% 10,949 Actual and Projected Cash (Nov. Approved) TOTAL EXPENSES 1,099,693 1,171,442 71,749 2,249,697 100% 2,262,675 100% 12,979 Income/(Loss) (154,164) (233,354) 79,190 7,183 126,365 (119,182) Y/E CASH BALANCE Projected Better / (Worse) Revenue / ADA Cost / ADA $ 15,128 $ 7,921 $ 7,207 Projected 9,208 Projected 9,179 $300 $200 $100 Income From Operations 9,428 8,929 Better / (Worse) (220) Better / (Worse) (250) STATE BUDGET UPDATE ($1,000s) $- $(100) $(200) $(300) $(400) $(500) The first in a series of hearings on the Governor's budget proposal took place in late January in the Senate and Fiscal Review Committee. Committee members received an analysis of the Governor's proposals from the Legislative Analyst's Office (LAO). According to the LAO s The 2013-14 : Overview of the Governor's, "the state has now reached a point where its underlying expenditures and revenues are roughly in balance." However, "because there are still considerable risks to revenue estimates given uncertainty surrounding federal fiscal policy and the volatility inherent in [California's] revenue system, the Governor's focus on fiscal restraint and paying off debts is appropriate." An overview hearing for the K-12 education proposals is scheduled for February 28 and with budget trailer bill language now released more detailed analysis of the proposals, including the Local Control Funding Formula, will come. FY NET INCOME/ (LOSS) 11-12 Actual Income 12-13 Act & Proj Income 12-13 (Nov Approved) Projected Better / (Worse) $ 7,183 $ 126,365 $ (119,182) As a reminder, key elements of the governor's budget include: - Reducing inter-year deferrals by $1.8 billion - $48.5 million to fund charter school ADA growth - $400.5 million in revenue from the recently passed California Clean Energy Jobs Act (Proposition 39) for schools to fund energy efficiency projects -Shifting the Charter School Facility Program and the Charter School Revolving Loan Program from the Department of Education to the California School Finance Authority -A new funding system that distributes funds to school districts and charter schools through a base grant per ADA with additional funding allocated to local education agencies on the basis of their English Language Learner and low income populations. 300 ADA ExED will continue to provide updates on the governor s budget proposals as they move through the legislature. 250 ADA 200 150 100 50 0 Average ADA 245.7 253.4-8.3 245.1 ADA % 95.7% 97.3% -2.1% 95.2% P-1 ADA 246.5 Balance Sheet Analysis Prior Month Current Month Comment Cash 266,721 280,503 Accounts Receivable 22,320 20,841 Due from Others 364 2,888 Accounts Payable (Including Payroll) 8,119 (860) Due to Others 45,948 3,627 Available Line of Credit 0 0 Total Debt 0 0 Cash Ratio (Cash/CL) 4.93 101.40 > 1 is good Quick Ratio ((Cash+AR)/CL) 5.35 108.93 > 1 is good Debt-Equity Ratio - - < 1 is good Actual 12-13 ADA 12-13 ADA Debt Service Coverage Ratio (DSCR) N/A N/A > 1.1 is good Average 12-13 ADA Average 11-12 ADA Lease Payment Coverage Ratio 1.40 1.07 > 1.35 is good Actuals As Interest Coverage Ratio N/A N/A > 1.5 is good of Month 5 Better / (Worse) Forecast Days Cash on Hand 42.30 45.53 45 is good Enrollment 259.0 264.0-5.0 259.0 P-2 ADA N/A 2

CWC Silverlake - Financial Dashboard (January 2013) ($1,000s) $700 $600 $500 $400 $300 $200 $100 $- $(100) $(200) Cash Balance Income Statement Actual YTD YTD YTD B/(W) Total Forecast % of Total Full Year Total % of Total B/(W) Principal Apportionment 521,384 564,697 (43,313) 1,139,346 53% 1,206,226 55% (66,881) Federal Revenue 30,346 39,436 (9,090) 310,936 15% 122,071 6% 188,865 State Revenue 145,728 147,632 (1,904) 314,047 15% 440,878 20% (126,831) Other Local Revenue 22,840 16,325 6,516 32,187 2% 35,710 2% (3,523) Grants/Fundraising 31,656 183,695 (152,039) 340,961 16% 381,166 17% (40,205) TOTAL REVENUE 751,954 951,784 (199,830) 2,137,477 100% 2,186,052 100% (48,575) Salaries & Benefits 697,288 712,363 15,075 1,262,494 62% 1,275,976 62% 13,482 Student Supplies 142,605 134,949 (7,656) 203,809 10% 199,485 10% (4,325) Operating Expenses 224,248 188,150 (36,099) 379,470 19% 377,952 18% (1,517) Other 47,578 97,565 49,987 202,737 10% 212,158 10% 9,421 Actual and Projected Cash (Nov Approved) TOTAL EXPENSES 1,111,719 1,133,027 21,308 2,048,509 100% 2,065,571 100% 17,061 Income/(Loss) (359,765) (181,242) (178,522) 88,967 120,481 (31,514) Y/E CASH BALANCE Projected Better / (Worse) Revenue / ADA Cost / ADA $ 9,245 $ 19,267 $ (10,022) Projected 9,590 Projected 9,191 $200 $100 Income From Operations 9,268 8,757 Better / (Worse) 322 Better / (Worse) (434) ($1,000s) $- $(100) $(200) $(300) $(400) $(500) STATE BUDGET UPDATE The first in a series of hearings on the Governor's budget proposal took place in late January in the Senate and Fiscal Review Committee. Committee members received an analysis of the Governor's proposals from the Legislative Analyst's Office (LAO). According to the LAO s The 2013-14 : Overview of the Governor's, "the state has now reached a point where its underlying expenditures and revenues are roughly in balance." However, "because there are still considerable risks to revenue estimates given uncertainty surrounding federal fiscal policy and the volatility inherent in [California's] revenue system, the Governor's focus on fiscal restraint and paying off debts is appropriate." $(600) $(700) FY NET INCOME/ (LOSS) 240 12-13 Act & Proj Income 12-13 (Nov. Approved) Projected Better / (Worse) $ 88,967 $ 120,481 $ (31,514) ADA An overview hearing for the K-12 education proposals is scheduled for February 28 and with budget trailer bill language now released more detailed analysis of the proposals, including the Local Control Funding Formula, will come. As a reminder, key elements of the governor's budget include: - Reducing inter-year deferrals by $1.8 billion - $48.5 million to fund charter school ADA growth - $400.5 million in revenue from the recently passed California Clean Energy Jobs Act (Proposition 39) for schools to fund energy efficiency projects -Shifting the Charter School Facility Program and the Charter School Revolving Loan Program from the Department of Education to the California School Finance Authority -A new funding system that distributes funds to school districts and charter schools through a base grant per ADA with additional funding allocated to local education agencies on the basis of their English Language Learner and low income populations. ExED will continue to provide updates on the governor s budget proposals as they move through the legislature. ADA 235 230 225 220 215 210 205 200 195 190 Average ADA 223.9 235.9 (13.0) 222.9 ADA % 92.0% 94.9% -3.4% 91.5% P-1 ADA 224.1 Balance Sheet Analysis Prior Month Current Month Comment Cash 186,185 88,649 Accounts Receivable 0 0 Due from Others 3,249 2,030 Accounts Payable (Including Payroll) 3,420 629 Due to Others 8,589 37,623 Available Line of Credit 0 0 Total Debt 452,500 452,500 Cash Ratio (Cash/CL) 6 2 > 1 is good Quick Ratio ((Cash+AR)/CL) 6 2 > 1 is good Debt-Equity Ratio (2) (1.26) 0 to 1 is good Actual 12-13 ADA 12-13 ADA (Nov) Average 12-13 ADA Debt Service Coverage Ratio (DSCR) N/A 44.88 > 1.1 is good Lease Payment Coverage Ratio 1.31 1.50 > 1.35 is good Actuals As Interest Coverage Ratio N/A 44.14 > 1.5 is good of Month 5 Better / (Worse) Forecast Days Cash on Hand 32.67 15.81 45 is good Enrollment 244.0 254.0 (10.0) 244.0 P-2 ADA N/A 3

Citizens of the World Los Angeles 12-13 Forecast (Current) vs. vs. Prior Month Forecast FY 12-13 Forecast (Current Month) FY 12-13 Revised (Nov 2012) FY 12-13 Variance to (Better/(Worse) RSO HW SL MV Total RSO HW SL MV Total RSO HW SL MV Total Enrollment 259 244-503 264 254-518 - (5) (10) - (15) ADA 245 223-468 253 236-489 - (8) (13) - (21) REVENUE 8011-8096 Revenue Limit Sources 8015 Charter School General Purpose - State Aid $ - $ 919,520 $ 836,175 $ - $ 1,755,695 $ - $ 951,348 $ 885,385 $ - $ 1,836,733 $ - $ (31,828) $ (49,210) $ - $ (81,038) 8019 Charter Schools General Purpose - Prior Year - - - - - - - - - - - - - - - 8096 In lieu of Property Taxes - 333,388 303,170-636,559-344,744 320,841-665,585 - (11,356) (17,671) - (29,027) Total 8011-8096 Revenue Limit Sources - 1,252,908 1,139,346-2,392,254-1,296,092 1,206,226-2,502,318 - (43,184) (66,881) - (110,064) 8100-8290 Other Federal Income 8181 Special Education - IDEA - 39,215 35,660-74,875-47,708 44,400-92,107 - (8,493) (8,739) - (17,232) 8220 Child Nutrition (Federal) - 36,138 36,182-72,320-45,611 41,655-87,266 - (9,473) (5,473) - (14,946) 8291 Title I, A, Basic Low Income - 24,871 29,158-54,029-23,756 29,158-52,914-1,115 - - 1,115 8292 Title II, A Teacher Quality - 1,141 1,753-2,894-7,128 6,858-13,986 - (5,987) (5,105) - (11,092) 8293 Title II, D EETT - - - - - - - - - - - - - - - 8294 Title III, Limited English (LEP) - 7,821 - - 7,821-2,565 - - 2,565-5,256 - - 5,256 8295 Title V, A Innovative Education - - - - - - - - - - - - - - - 8296 Title V, B Charter Schools Grants - 3,989 208,182 112,500 324,671-3,989 - - 3,989 - - 208,182 112,500 320,682 8297 Other Federal Income - - - - - - - - - - - - - - - Total 8100-8290 Other Federal Income - 113,174 310,936 112,500 536,610-130,756 122,071-252,827 - (17,581) 188,865 112,500 283,783 8300-8599 Other State Income 8311 Special Ed - AB 602-137,511 125,047-262,558-142,195 132,336-274,531 - (4,684) (7,289) - (11,973) 8312 Supplemental Hours - - - - - - - - - - - - - - - 8434 Class Size Reduction (K-3) - - - - - - - - - - - - - - - 8520 Child Nutrition (State) - 2,638 2,654-5,291-3,424 3,140-6,564 - (786) (486) - (1,272) 8560 State Lottery Revenue - 34,435 31,314-65,750-35,608 33,139-68,748 - (1,173) (1,825) - (2,998) 8590 Charter Sch Categorical Blk Gr - 130,993 126,727-257,719-134,332 133,463-267,795 - (3,339) (6,736) - (10,076) 8591 SB740 - - - - - - - 108,845-108,845 - - (108,845) - (108,845) 8593 Art and Music Block Grant - - - - - - - - - - - - - - - 8595 Secondary School Counselors - - - - - - - - - - - - - - - 8599 Other State Revenue - 33,635 28,305-61,940-34,695 29,955-64,650 - (1,060) (1,650) - (2,710) Total 8300-8599 Other State Income - 339,211 314,047-653,259-350,254 440,878-791,132 - (11,042) (126,831) - (137,874) 8600-8699 Other Income-Local 8634 Food Service Sales - 30,296 32,164-62,460-35,893 35,710-71,603 - (5,598) (3,546) - (9,144) 8660 Interest Income - - - - - - - - - - - - - - - 8690 All Other Income (afterschool, summer school, Enrichment) - 149,411 23-149,435-205,470 - - 205,470 - (56,059) 23 - (56,036) 8698 Grants - - - - - - - - - - - - - - - 8699 Fundraising - 353,693 340,961 639 695,293-360,210 381,166-741,376 - (6,518) (40,205) 639 (46,084) 8999 Prior Year Adjustments - 18,186 - - 18,186-10,365 - - 10,365-7,821 - - 7,821 Total 8600-8699 Other Income-Local - 551,586 373,148 639 925,373-611,939 416,876-1,028,815 - (60,353) (43,728) 639 (103,442) TOTAL REVENUE - 2,256,880 2,137,477 113,139 4,507,496-2,389,041 2,186,052-4,575,092 - (132,161) (48,575) 113,139 (67,597) 4

Citizens of the World Los Angeles 12-13 Forecast (Current) vs. vs. Prior Month Forecast EXPENSE FY 12-13 Forecast (Current Month) FY 12-13 Revised (Nov 2012) FY 12-13 Variance to (Better/(Worse) RSO HW SL MV Total RSO HW SL MV Total RSO HW SL MV Total 1000 Certificated Salaries 1110 Teachers Salaries - 703,476 633,976-1,337,451-705,103 635,248-1,340,352-1,628 1,273-2,901 1170 Teachers Subs - 21,450 17,070-38,520-21,450 11,850-33,300 - - (5,220) - (5,220) 1175 Teachers - Extra Duty/Stipend - 5,500 3,206-8,706-5,500 2,646-8,146 - - (560) - (560) 1200 Certificated Pupil Support - - - - - - - - - - - - - - - 1300 Certificated School Administrators 92,081 127,270 182,357-401,708 99,784 109,146 182,355-391,285 7,703 (18,124) (1) - (10,423) 1900 Other Certificated - - - - - - - - - - - - - - - Total 1000 Certificated Salaries 92,081 857,695 836,608-1,786,385 99,784 841,199 832,100-1,773,083 7,703 (16,496) (4,509) - (13,302) 2000 Classified Salaries 2100 Instructional Aides - 219,917 206,367-426,284-233,119 207,577-440,696-13,202 1,210-14,412 2200 Classified Support (maintenance, food) - (140) - - (140) - (140) 2,804-2,664 - - 2,804-2,804 2300 Classified School Administrators - - - - - - - - - - - - - - - 2400 Clerical/Technical/Office 35,744 74,056 46,286-156,086 26,920 78,366 46,687-151,973 (8,824) 4,310 401 - (4,113) 2900 Other Classified (noon and yard supervisors, etc) - 99,715 2,168-101,883-94,676 6,660-101,336 - (5,039) 4,492 - (547) Total 2000 Classified Salaries 35,744 393,548 254,821-684,112 26,920 406,020 263,728-696,668 (8,824) 12,473 8,907-12,556 3000 Employee Benefits 3111 STRS 7,577 69,503 68,700-145,781 8,240 68,973 68,655-145,869 663 (530) (45) - 88 3212 PERS - - - - - - - - - - - - - - - 3311 Social Security (OASDI) 2,276 25,552 16,383-44,211 1,669 25,673 16,440-43,782 (607) 121 57 - (429) 3331 Medicare 1,863 18,109 15,883-35,854 1,839 18,111 15,902-35,851 (24) 2 19 - (3) 3401 H & W Payment (medical, dental, vision insurance) 5,426 101,861 52,675-159,962 936 93,344 61,707-155,987 (4,490) (8,517) 9,032 - (3,976) 3501 SUI Payment Account 1,404 13,826 12,044-27,275 1,395 13,739 12,065-27,198 (9) (88) 21 - (76) 3601 Wkr Comp Payment Account 15,064 5,380 5,379-25,823 15,064 5,380 5,379-25,823 - - - - - 3901 403B - - - - - - - - - - - - - - - 3902 Other Benefits - - - - - - - - - - - - - - - Total 3000 Employee Benefits 33,610 234,231 171,065-438,906 29,143 225,219 180,149-434,510 (4,468) (9,012) 9,084 - (4,396) 4000 Supplies 4110 Textbooks - 17,015 36,640-53,655-22,440 36,640-59,080-5,425 - - 5,425 4210 Other Books and Reference Materials - 1,046 32,572-33,618-893 25,338-26,231 - (153) (7,234) - (7,387) 4310 Instructional Materials - 11,990 24,000-35,990-26,491 30,990-57,481-14,502 6,990-21,492 4350 Office Supplies 1,000 12,089 14,640-27,729 2,000 12,323 10,668-24,991 1,000 233 (3,972) - (2,739) 4370 Custodial Supplies 500 546 500-1,546 3,000 556 2,000-5,556 2,500 11 1,500-4,011 4390 Other Supplies 1,045 9,858 10,000-20,903-15,241 15,000-30,241 (1,045) 5,383 5,000-9,338 4400 Noncapitalized Furniture/Equipment - 5,000 10,861-15,861-5,000 7,591-12,591 - - (3,270) - (3,270) 4700 Food Supplies - 64,794 74,596-139,390-75,850 71,258-147,108-11,056 (3,339) - 7,718 4710 Food for School Lunch Program - - - - - - - - - - - - - - - 4790 Food Supplies - - - - - - - - - - - - - - - Total 4000 Supplies 2,545 122,337 203,809-328,691 5,000 158,795 199,485-363,279 2,455 36,457 (4,325) - 34,588 5

Citizens of the World Los Angeles 12-13 Forecast (Current) vs. vs. Prior Month Forecast FY 12-13 Forecast (Current Month) FY 12-13 Revised (Nov 2012) FY 12-13 Variance to (Better/(Worse) RSO HW SL MV Total RSO HW SL MV Total RSO HW SL MV Total 5000 Operating Services 5200 Travel and Conferences 1,500 8,500 - - 10,000 1,500 3,500 - - 5,000 - (5,000) - - (5,000) 5300 Dues and Fees - 4,399 6,250-10,649-4,450 6,250-10,700-51 - - 51 5450 Insurance (property, student accident, board) 16,905 6,039 6,038-28,982 16,905 6,039 6,038-28,982 - - - - - 5500 Utilities and Housekeeping 86,861 141 1,000-88,002 86,861 141 1,000-88,002 - - - - - 5610 Building Rent - 104,122 180,266-284,388-104,122 180,330-284,452 - - 64-64 5620 Equipment Rental - 5,184 6,000-11,184-5,184 6,000-11,184 - - - - - 5630 Vendor Repairs 889 3,135 2,000-6,024-3,135 3,000-6,135 (889) - 1,000-111 5812 Pupil Transportation - General - 4,700 5,000-9,700-4,700 5,000-9,700 - - - - - 5820 Legal/Audit 28,539 3,750 3,000-35,289 14,000 3,600 13,500-31,100 (14,539) (150) 10,500 - (4,189) 5830 Advertisement/Recruitment 25 1,765 5,000 3,000 9,790-1,765 5,000-6,765 (25) - - (3,000) (3,025) 5850 Non-Instructional Consultants 500 11,162 5,000-16,662 2,500 18,662 5,000-26,162 2,000 7,500 - - 9,500 5851 Instructional Consultants - 161,436 38,700-200,136-164,592 44,100-208,692-3,155 5,400-8,555 5853 ExED 68,831 22,070 32,100-123,001 112,166 4,414 6,420-123,000 43,335 (17,656) (25,680) - (1) 5890 Other Services & Operating Expe 2,066 6,560 10,000-18,626-6,560 10,000-16,560 (2,066) - - - (2,066) 5891 Factoring Fees - - - - - - - - - - - - - - - 5896 Fair Share Special Education Cost - 70,690 64,284-134,974-75,961 70,695-146,655-5,271 6,411-11,682 5897 Fundraising Cost - 18,668 6,832-25,500-5,093 7,620-12,713 - (13,575) 788 - (12,787) 5900 Communications (tele, internet, postage) 1,112 7,002 8,000-16,114-6,013 8,000-14,013 (1,112) (988) - - (2,100) 5910 Telephone/Internet Expense - - - - - - - - - - - - - - - 5920 Internet Expense - - - - - - - - - - - - - - - 5930 Postage (UPS, Fedex, US Mail) - - - - - - - - - - - - - - - Total 5000 Operating Services 207,228 439,322 379,470 3,000 1,029,019 233,932 417,929 377,952-1,029,814 26,704 (21,392) (1,517) (3,000) 795 6000 Capital Outlay 6900 Depreciation - 794 1,545-2,339-794 542-1,336 - - (1,003) - (1,003) Total 6000 Capital Outlay - 794 1,545-2,339-794 542-1,336 - - (1,003) - (1,003) 7000 Other Outgo 7299 District Oversight Fee - 16,165 13,523-29,688-15,388 14,168-29,556 - (776) 645 - (131) 7310 INDIRECT COSTS (Transferred to Central Admin) (371,212) 185,605 185,606 - - (394,779) 197,331 197,448 - - (23,567) 11,725 11,841 - - 7438 Debt Service - Interest - - 2,063-2,063 - - - - - - - (2,063) - (2,063) Total 7000 Other Outgo (371,212) 201,770 201,192-31,750 (394,779) 212,719 211,616-29,556 (23,567) 10,949 10,424 - (2,194) TOTAL EXPENSES (3) 2,249,697 2,048,509 3,000 4,301,203-2,262,675 2,065,571-4,328,246 3 12,979 17,061 (3,000) 27,043 NET INCOME 3 7,183 88,967 110,139 206,293-126,365 120,481-246,846 3 (119,182) (31,514) 110,139 (40,554) Beginning Cash Balance - 200,238 9,163-209,401-200,238 9,163-209,401 - - - - - Cash Flow from Operating Activities Net Income 3 7,183 88,967 110,139 206,293-126,365 120,481-246,846 3 (119,182) (31,514) 110,139 (40,554) Change in Accounts Receivable Prior Year Accounts Receivable - 336,131 - - 336,131-336,131 - - 336,131 - - - - - Current Year Accounts Receivable - (613,619) (635,200) - (1,248,820) - (714,522) (679,107) - (1,393,628) - 100,902 43,907-144,809 Change in Due from (0) (2,888) (2,030) - (4,918) (1,040) (2,581) (961) - (4,582) 1,039 (306) (1,069) - (336) Change in Accounts Payable - 88,592 21,009-109,601-50,241 22,052-72,294-38,351 (1,043) - 37,307 Change in Due to (0) (1,322) 2,815-1,493-17,482 171,636-189,118 (0) (18,804) (168,821) - (187,625) Summer Savings Program - (5,000) - - (5,000) - (5,000) - - (5,000) - - - - - Change in Payroll Liaibilities 136 (1,941) 629 - (1,176) 1,041 (1,172) 1,727-1,595 (904) (769) (1,098) - (2,771) Prepaid Expenditures - 6,960 (15,031) - (8,071) - (56) (13,766) - (13,822) - 7,015 (1,265) - 5,751 Deferred Revenue - - - - - - - - - - - - - - - Depreciation Expense - 795 1,545-2,339-795 542-1,336 - - 1,003-1,003 Cash Flow from Investing Activities Capital Expenditures - - (65,123) - (65,123) - - (65,000) - (65,000) - - (123) - (123) Cash Flow from Financing Activities Source - - 602,500 450,000 1,052,500 - - 452,500-452,500 - - 150,000 450,000 600,000 Use - - - - - - - - - - - - - - - Ending Cash Balance 139 15,128 9,245 560,139 584,650 1 7,921 19,267-27,189 138 7,207 (10,022) 560,139 557,462 5% of Expenses Reserve Target (0) 112,485 102,425 150 215,060 113,134 103,279-216,412 6

CITIZENS OF THE WORLD LOS ANGELES - REGIONAL SUPPORT OFFICE 12-13 CASH FLOW 3 4 5 6 7 8 9 10 11 12 13 14 INCOME Total Enrollment Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Accrual Jul '12 - Jun 13 Enter Apportionment Schedule Scenario P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-1 8011-8096 Revenue Limit Sources 3-2012-13 SSC Planning Apportionment 0% 0% 12% 0% 9% 9% 25% 0.036 0.027 3/26 2/39 64/83 6% 12% 8% 8% 8% 8% 8% 1/3 1/6 1/6 1/6 1/6 # of school days 175 19 20 18 11 15 19 20 15 22 16 175 # of pay period days # 8015 Charter School General Purpose - State Aid - - - - - - - - - - - - - - - - 0% # 8019 Charter Schools General Purpose - Prior Year - - - - - - - - - 0% # 8096 In lieu of Property Taxes - - - - - - - - - - - - - - - - 0% Total 8011-8096 Revenue Limit Sources - - - - - - - - - - - - - - - - 0% 8100-8290 Other Federal Income - # 8181 Special Education - IDEA - - - - - - - - - - - - - - - - 0% # 8220 Child Nutrition (Federal) - - - - - - - - - - - - - - - 0% # 8291 Title I, A, Basic Low Income - - - - - - - - - - - 0% # 8292 Title II, A Teacher Quality - - - - - - - - - - - - 0% # 8293 Title II, D EETT - - - - - - - - - - 0% # 8294 Title III, Limited English (LEP) - - - - - - - - - - 0% # 8295 Title V, A Innovative Education - - - - - - - - - - - - 0% # 8296 Title V, B Charter Schools Grants - - - - - - - - - - 0% # 8297 Other Federal Income - - - - - - - - - - 0% Total 8100-8290 Other Federal Income - - - - - - - - - - - - - - - - 0% 8300-8599 Other State Income - # 8311 Special Ed - AB 602 - - - - - - - - - - - - - - - - 0% # 8312 Supplemental Hours - - - - - - - - - - - - - - - - 0% # 8434 Class Size Reduction (K-3) - - - - - - - - - - 0% # 8520 Child Nutrition (State) - - - - - - - - - - - - - - - 0% # 8560 State Lottery Revenue - - - - - - - - - - - 0% # 8590 Charter Sch Categorical Blk Gr - - - - - - - - - - - - - - - - 0% # 8591 SB740 - - - - - - - - - - - 0% # 8593 Art and Music Block Grant - - - - - - - - - - 0% # 8595 Secondary School Counselors - - - - - - - - - - 0% # 8599 Other State Revenue - - - - - - - - - - - 0% Total 8300-8599 Other State Income - - - - - - - - - - - - - - - - 0% 8600-8699 Other Income-Local - # 8634 Food Service Sales - - - - - - - - - - - - - - - 0% # 8660 Interest Income - - - - - - - - - - - - - - - 0% # 8690 All Other Income (afterschool, summer school, Enrich - - - - - - - - - - - - - - - 0% # 8698 Grants - - - - - - - - - - - - - - - 0% # 8699 Fundraising - - - - - - - - - - - - - - - 0% # 8999 Prior Year Adjustments - - - - - - - - - - - - - - - - 0% Total 8600-8699 Other Income-Local - - - - - - - - - - - - - - - - 0% TOTAL INCOME - - - - - - - - - - - - - - - - 0% EXPENSE - - - 0% 1000 Certificated Salaries - - - 0% # 1110 Teachers Salaries - - - - - - - - - - - - - - - 0% # 1170 Teachers Subs - - - - - - - - - - - - - - - 0% # 1175 Teachers - Extra Duty/Stipend - - - - - - 959 - (959) - - - - - - 0% # 1200 Certificated Pupil Support - - - - - - - - - - - - - - - 0% # 1300 Certificated School Administrators 99,784 - - - 5,417 10,833 10,833 10,833 10,833 10,833 10,833 10,833 10,833 92,081 (7,703) -8% # 1900 Other Certificated - - - - - - - - - - - - - - - 0% Total 1000 Certificated Salaries 99,784 - - - 5,417 10,833 11,792 10,833 9,874 10,833 10,833 10,833 10,833-92,081 (7,703) -8% 2000 Classified Salaries 12-13 Revised (Nov. 2012) # 2100 Instructional Aides - - - - - - - - - - - - - - - 0% # 2200 Classified Support (maintenance, food) - - - - - - - - - - - - - - - 0% # 2300 Classified School Administrators - - - - - - - - - - - - - - - 0% # 2400 Clerical/Technical/Office 26,920 - - - 1,320 1,956 2,276 1,404 5,758 5,758 5,758 5,758 5,758 35,744 8,824 33% Variance from 7

CITIZENS OF THE WORLD LOS ANGELES - REGIONAL SUPPORT OFFICE 12-13 CASH FLOW 3 4 5 6 7 8 9 10 11 12 13 14 Total Enrollment 12-13 Revised (Nov. 2012) Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Accrual Jul '12 - Jun 13 # 2900 Other Classified (noon and yard supervisors, etc) - - - - - - - - - - - - - - - 0% Total 2000 Classified Salaries 26,920 - - - 1,320 1,956 2,276 1,404 5,758 5,758 5,758 5,758 5,758-35,744 8,824 33% 3000 Employee Benefits # 3111 STRS 8,240 - - - 455 911 911 911 815 894 894 894 894-7,577 (663) -8% # 3212 PERS - - - - - - - - - - - - - - - - 0% # 3311 Social Security (OASDI) 1,669 - - - 82 121 201 87 357 357 357 357 357-2,276 607 36% # 3331 Medicare 1,839 - - - 99 188 207 180 227 241 241 241 241-1,863 24 1% # 3401 H & W Payment (medical, dental, vision insurance) 936 - - - 104 208 208 208 940 940 940 940 940 5,426 4,490 480% # 3501 SUI Payment Account 1,395 - - - 75 143 147 137 172 182 182 182 182-1,404 9 1% # 3601 Wkr Comp Payment Account 15,064 - - 2,152-2,152 2,152-2,152 2,152 2,152 2,152 15,064-0% # 3901 403B - - - - - - - - - - - - - - - 0% # 3902 Other Benefits - - - - - - - - - - - - - - - 0% Total 3000 Employee Benefits 29,143 - - 2,152 815 3,723 3,826 1,523 4,662 4,765 4,765 4,765 2,613-33,610 4,468 15% 4000 Supplies # 4110 Textbooks - - - - - - - - - - 0% # 4210 Other Books and Reference Materials - - - - - - - - - - 0% # 4310 Instructional Materials - - - - - - - - - - - - - - - 0% # 4350 Office Supplies 2,000 - - - - - - 114 177 177 177 177 177 1,000 (1,000) -50% # 4370 Custodial Supplies 3,000 - - - - - - - 100 100 100 100 100 500 (2,500) -83% # 4390 Other Supplies - - - - - - - 1,045 - - - - - 1,045 1,045 0% # 4400 Noncapitalized Furniture/Equipment - - - - - - - - - - 0% # 4700 Food Supplies - - - - - - - - - - - - - - - - 0% # 4710 Food for School Lunch Program - - - - - - - - - - - - - - - 0% # 4790 Food Supplies - - - - - - - - - - - - - - - 0% Total 4000 Supplies 5,000 - - - - - - 1,159 277 277 277 277 277-2,545 (2,455) -49% 5000 Operating Services # 5200 Travel and Conferences 1,500 - - - - - - - 300 300 300 300 300 1,500-0% # 5300 Dues and Fees - - - - - - - - - - - - - - - 0% # 5450 Insurance (property, student accident, board) 16,905 - - 2,415-2,415 2,415-2,415 2,415 2,415 2,415 16,905-0% # 5500 Utilities and Housekeeping 86,861 - - - - - 1,755 16,504 13,720 13,720 13,720 13,720 13,720 86,861-0% # 5610 Building Rent - - - 7,284 (7,284) - - - - - - - - - - 0% # 5620 Equipment Rental - - - - - - - - - - - - - - - 0% # 5630 Vendor Repairs - - - - - - 39 850 - - - - - 889 889 0% # 5812 Pupil Transportation - General - - - - - - - - - - - - - - - 0% # 5820 Legal/Audit 14,000-1,937 4,399 - - - 11,703 7,500 3,000 28,539 14,539 104% # 5830 Advertisement/Recruitment - - - - - 25 - - - - - - - 25 25 0% # 5850 Non-Instructional Consultants 2,500 - - - - - - - 100 100 100 100 100 500 (2,000) -80% # 5851 Instructional Consultants - - - - - - - - - - - - - - - 0% # 5853 ExED 112,166 - - - - - - - 19,666 9,833 9,833 9,833 9,833 9,833 68,831 (43,335) -39% # 5890 Other Services & Operating Expe - - - - - - 50 2,016 - - - - - 2,066 2,066 0% 5891 Factoring Fees - - - - - - - - - 0% # 5896 Fair Share Special Education Cost - - - - - - - - - - - - - - - - 0% # 5897 Fundraising Cost - - - - - - - - - - - - - - - 0% # 5900 Communications (tele, internet, postage) - - - - - - - 612 100 100 100 100 100 1,112 1,112 0% # 5910 Telephone/Internet Expense - - - - - - - - - - - - - - - 0% # 5920 Internet Expense - - - - - - - - - - - - - - - 0% # 5930 Postage (UPS, Fedex, US Mail) - - - - - - - - - - - - - - - 0% Total 5000 Operating Services 233,932-1,937 14,098 (7,284) 2,440 4,259 31,685 36,301 26,468 26,468 26,468 31,553 12,833 207,228 (26,704) -11% 6000 Capital Outlay # 6900 Depreciation - - - - - - - - - - - - - - - 0% Total 6000 Capital Outlay - - - - - - - - - - - - - - - - 0% 7000 Other Outgo Variance from - 0% # 7299 District Oversight Fee - - - - - - - - - - - - - - - - 0% # 7310 INDIRECT COSTS (Transferred to RSO) (394,779) - (1,937) (16,250) (268) (18,953) (22,153) (46,606) (56,872) (48,102) (48,102) (48,102) (51,035) (12,833) (371,212) 23,567-6% # 7438 Debt Service - Interest - - - - - - - - - - - - - - - 0% Total 7000 Other Outgo (394,779) - (1,937) (16,250) (268) (18,953) (22,153) (46,606) (56,872) (48,102) (48,102) (48,102) (51,035) (12,833) (371,212) 23,567-6% Total Expenses - - - - - (1) - (2) - - - - - - (3) (3) NET INCOME - - - - - 1-2 - - - - - - 3 3 8

CITIZENS OF THE WORLD LOS ANGELES - REGIONAL SUPPORT OFFICE 12-13 CASH FLOW 3 4 5 6 7 8 9 10 11 12 13 14 Total Enrollment 12-13 Revised (Nov. 2012) Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Accrual Jul '12 - Jun 13 Beginning Cash Balance - - - (1,937) (1,937) 1 (19,710) 1 289 19,955 19,955 19,955 289 139 - - Cash Flow from Operating Activities Net Income - - - - - 1-2 - - - - - - 3 3 Change in Accounts Receivable - Prior Year Accounts Receivable - - - - - - - - Current Year Accounts Receivable - - - - Change in Due from (1,040) (1,937) (16,250) 17,148 (18,953) 19,628 364 (0) 1,039 Change in Accounts Payable - - - 16,250 (16,250) 149 19,666 (19,666) (149) - - - Change in Due to - - - - (0) - - - - - (0) (0) Change in Payroll Liaibilities 1,041 1,041 (759) 84 (228) (1) 136 (904) Prepaid Expenditures - - - Deferred Revenue - - - Depreciation Expense - - - - - - - - - - - - - - - Cash Flow from Investing Activities - - - Capital Expenditures - - - - - - - - - - - - - - - Cash Flow from Financing Activities - - - Source - - - - - - - - - - - - - - - Use - - - - - - - - - - - - - - - Ending Cash Balance 1 - (1,937) (1,937) 1 (19,710) 1 289 19,955 19,955 19,955 289 139 139 139 138 Variance from - - Ending Cash Balance - Actuals/Projected 5% Reserve: (0) CWC SL 218,531 127,416 557,605 596,669 424,617 186,185 88,647 (77,549) (136,587) (63,659) (87,673) 9,245 CWC HW 133,795 261,066 399,957 319,201 279,463 266,721 280,502 192,386 153,928 137,009 59,445 15,128 CWC MV - - - - - - 639 639 (111) (861) 448,389 560,139 CWC RSO - (1,937) (1,937) 1 (19,710) 1 289 19,955 19,955 19,955 289 139 CWC LA - Actuals/Projected 352,326 386,544 955,625 915,871 684,369 452,908 370,076 135,430 37,185 92,444 420,450 584,650 9

CITIZENS OF THE WORLD CHARTER SCHOOL HOLLYWOOD 12-13 CASH FLOW 3 4 5 6 7 8 9 10 11 12 13 14 INCOME Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Accrual Jul '12 - Jun 13 Total Enrollment 264 259 (5) -1.9% Enter Apportionment Schedule Scenario P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-1 2-2012-13 Proposed Apportionment (Taxes Pass) 0% 2% ADVANCE 13% APPORTIONMENT 5% FIGURES 9% USED 9% 17% 0.124 P1 APPORTIONMENT 0.000 FIGURES 1/16 USED 0 74/91 8011-8096 Revenue Limit Sources 6% 12% 8% 8% 8% 8% 8% 1/3 1/6 1/6 1/6 1/6 # of school days 176 16 22 18 15 17 18 16 20 21 13 176 # of pay period days 12-13 Revised (Nov. 2012) # 8015 Charter School General Purpose - State Aid 951,348 - - 82,436 42,223 22,816 108,524 42,223 42,223 46,531 26,760 13,690-492,094 919,520 (31,828) -3.3% # 8019 Charter Schools General Purpose - Prior Year - - - - - - - - - - 0.0% # 8096 In lieu of Property Taxes 344,744 14,506 29,011 19,341 19,341 55,190-52,338 26,169 39,164 19,582 19,582 19,582 19,582 333,388 (11,356) -3.3% Total 8011-8096 Revenue Limit Sources 1,296,092 14,506 29,011 101,777 61,564 78,006 108,524 94,561 68,392 85,696 46,342 33,272 19,582 511,676 1,252,908 (43,184) -3.3% 8100-8290 Other Federal Income - # 8181 Special Education - IDEA 47,708 2,030 4,059 2,706 2,706 7,722-7,323 3,662 3,003 1,501 1,501 1,501 1,501 39,215 (8,493) -17.8% # 8220 Child Nutrition (Federal) 45,611 - - - - - - 7,594 3,571 3,135 3,536 3,744 3,328 11,231 36,138 (9,473) -20.8% # 8291 Title I, A, Basic Low Income 23,756 - - - - - - 11,458 11,458 1,955 24,871 1,115 4.7% # 8292 Title II, A Teacher Quality 7,128 - - - - - - 1,141 - - 1,141 (5,987) -84.0% # 8293 Title II, D EETT - - - - - - - - - - - 0.0% # 8294 Title III, Limited English (LEP) 2,565 - - - - - - - 7,821 7,821 5,256 204.9% # 8295 Title V, A Innovative Education - - - - - - - - - - - - - 0.0% # 8296 Title V, B Charter Schools Grants 3,989 - - - - - - - 3,989 3,989-0.0% # 8297 Other Federal Income - - - - - - - - - - - 0.0% Total 8100-8290 Other Federal Income 130,756 2,030 4,059 2,706 2,706 7,722-27,516 7,233 6,137 5,037 20,692 12,650 14,687 113,174 (17,581) -13.4% 8300-8599 Other State Income - # 8311 Special Ed - AB 602 142,195 6,011 12,022 8,014 8,014 22,870-21,688 10,844 16,016 8,008 8,008 8,008 8,008 137,511 (4,684) -3.3% # 8312 Supplemental Hours - - - - - - - - - - - - - - - - 0.0% # 8434 Class Size Reduction (K-3) - - - - - - - - - - - 0.0% # 8520 Child Nutrition (State) 3,424 - - - - - - 570 265 225 255 271 240 812 2,638 (786) -23.0% # 8560 State Lottery Revenue 35,608 - - - - - - - 8,609 8,609 17,218 34,435 (1,173) -3.3% # 8590 Charter Sch Categorical Blk Gr 134,332 - - 13,433 7,942 4,292 19,406 7,942 15,341 9,090 5,227 2,674-45,646 130,993 (3,339) -2.5% # 8591 SB740 - - - - - - - - - - - - 0.0% # 8593 Art and Music Block Grant - - - - - - - - - - - 0.0% # 8595 Secondary School Counselors - - - - - - - - - - - 0.0% # 8599 Other State Revenue 34,695 - - - - - 2,488-15,573 15,573 33,635 (1,060) -3.1% Total 8300-8599 Other State Income 350,254 6,011 12,022 21,447 15,956 27,162 21,894 30,200 35,058 25,330 22,100 26,526 8,249 87,257 339,211 (11,042) -3.2% 8600-8699 Other Income-Local - # 8634 Food Service Sales 35,893 45-4,107 1,103 3,334 2,576 693 6,146 2,810 3,512 3,688 2,283 30,296 (5,598) -15.6% # 8660 Interest Income - - - - - - - - - - - - - - - 0.0% # 8690 All Other Income (afterschool, summer school, Enrichm 205,470 4,418-21,176 10,449-14,288 28,344 14,469 12,861 16,076 16,880 10,450 149,411 (56,059) -27.3% # 8698 Grants - - - - - - - - - - - - - - - 0.0% # 8699 Fundraising 360,210 15 15 16,196 17,641 20,232 75,317 38,011 22,360 13,124 96,373 31,984 22,425 353,693 (6,518) -1.8% # 8999 Prior Year Adjustments 10,365-1,159 9,206 - - - 7,821 - - - - - - 18,186 7,821 75.5% Total 8600-8699 Other Income-Local 611,939 4,478 1,174 50,685 29,193 23,566 92,181 74,869 42,975 28,795 115,961 52,552 35,157-551,586 (60,353) -9.9% TOTAL INCOME 2,389,041 27,024 46,266 176,615 109,419 136,456 222,599 227,146 153,658 145,959 189,440 133,042 75,638 613,619 2,256,880 (132,161) -5.5% EXPENSE - 1000 Certificated Salaries - # 1110 Teachers Salaries 705,103-33,903 68,222 61,458 64,771 68,808 65,786 68,106 68,106 68,106 68,106 68,106 703,476 (1,628) -0.2% # 1170 Teachers Subs 21,450 - - 3,641 3,915 4,170 2,295 2,715 943 943 943 943 943 21,450-0.0% # 1175 Teachers - Extra Duty/Stipend 5,500 - - - - - 2,000-700 700 700 700 700 5,500-0.0% # 1200 Certificated Pupil Support - - - - - - - - - - - - - - - 0.0% # 1300 Certificated School Administrators 109,146 18,404 18,404 4,088 7,583 7,583 7,583 7,583 7,583 10,604 10,604 13,625 13,625 127,270 18,124 16.6% # 1900 Other Certificated - - - - - - - - - - - - - - - 0.0% Total 1000 Certificated Salaries 841,199 18,404 52,307 75,951 72,956 76,524 80,686 76,084 77,332 80,352 80,352 83,373 83,373-857,695 16,496 2.0% Var. from Revised 10

CITIZENS OF THE WORLD CHARTER SCHOOL HOLLYWOOD 12-13 CASH FLOW 3 4 5 6 7 8 9 10 11 12 13 14 2000 Classified Salaries 12-13 Revised (Nov. 2012) Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Accrual Jul '12 - Jun 13 Var. from Revised Total Enrollment 264 259 (5) -1.9% # 2100 Instructional Aides 233,119-4,718 20,155 22,586 20,499 21,538 16,835 23,234 20,652 25,815 27,106 16,780 219,917 (13,202) -5.7% # 2200 Classified Support (maintenance, food) (140) 140 590 1,990 (2,860) - - - - - - - - (140) - 0.0% # 2300 Classified School Administrators - - - - - - - - - - - - - - - 0.0% # 2400 Clerical/Technical/Office 78,366 735 3,536 4,070 11,283 5,601 6,695 4,757 9,188 5,955 7,389 7,747 7,099 74,056 (4,310) -5.5% # 2900 Other Classified (noon and yard supervisors, etc) 94,676 350 3,650 9,281 10,764 9,950 10,207 8,510 9,614 8,546 10,683 11,217 6,944 99,715 5,039 5.3% Total 2000 Classified Salaries 406,020 1,225 12,494 35,496 41,773 36,050 38,440 30,102 42,036 35,153 43,887 46,070 30,823-393,548 (12,473) -3.1% 3000 Employee Benefits # 3111 STRS 68,973 1,536 4,450 6,003 5,704 5,979 6,374 6,063 6,380 6,629 6,629 6,878 6,878-69,503 530 0.8% # 3212 PERS - - - - - - - - - - - - - - - - 0.0% # 3311 Social Security (OASDI) 25,673 76 805 1,537 3,723 2,458 2,611 2,068 2,606 2,179 2,721 2,856 1,911-25,552 (121) -0.5% # 3331 Medicare 18,111 288 970 1,615 1,657 1,603 1,709 1,527 1,731 1,675 1,801 1,877 1,656-18,109 (2) 0.0% # 3401 H & W Payment (medical, dental, vision insurance) 93,344 208 22,035 8,132 9,240 7,573 (1,816) 6,548 9,988 9,988 9,988 9,988 9,988 101,861 8,517 9.1% # 3501 SUI Payment Account 13,739 218 736 1,225 1,257 1,216 1,296 1,248 1,313 1,271 1,367 1,424 1,256-13,826 88 0.6% # 3601 Wkr Comp Payment Account 5,380-8,607 2,152 (5,379) - - - - - - - - 5,380-0.0% # 3901 403B - - - - - - - - - - - - - - - 0.0% # 3902 Other Benefits - - - - - - - - - - - - - - - 0.0% Total 3000 Employee Benefits 225,219 2,326 37,603 20,664 16,202 18,829 10,174 17,454 22,018 21,742 22,506 23,024 21,689-234,231 9,012 4.0% 4000 Supplies # 4110 Textbooks 22,440-1,813 3,175 - - - - 2,405 2,405 2,405 2,405 2,405 17,015 (5,425) -24.2% # 4210 Other Books and Reference Materials 893 - - 436 457 61 92-1,046 153 17.1% # 4310 Instructional Materials 26,491 - - 2,219 1,680 1,907 (1,070) (118) 1,474 1,474 1,474 1,474 1,474 11,990 (14,502) -54.7% # 4350 Office Supplies 12,323-269 1,806 2,754 587 271 1,123 1,056 1,056 1,056 1,056 1,056 12,089 (233) -1.9% # 4370 Custodial Supplies 556 - - - - - - - 109 109 109 109 109 546 (11) -1.9% # 4390 Other Supplies 15,241 - - 756 5,338 186 362 242 595 595 595 595 595 9,858 (5,383) -35.3% # 4400 Noncapitalized Furniture/Equipment 5,000 - - 1,599 139 - - 355 581 581 581 581 581 5,000-0.0% # 4700 Food Supplies 75,850 - - - 5,494-6,721-19,999 6,664 5,924 7,405 7,775 4,813 64,794 (11,056) -14.6% Total 4000 Supplies 158,795-2,082 9,991 15,862 2,741 6,376 1,602 26,220 12,885 12,145 13,625 13,996 4,813 122,337 (36,457) -23.0% 5000 Operating Services # 5200 Travel and Conferences 3,500 - - - 7,000 - - - - 1,500 - - - 8,500 5,000 142.9% # 5300 Dues and Fees 4,450-1,273-1,792 660 - - 135 135 135 135 135 4,399 (51) -1.1% # 5450 Insurance (property, student accident, board) 6,039-9,662 2,415 (6,038) - - - - - - - - 6,039-0.0% # 5500 Utilities and Housekeeping 141 - - - - - - - 28 28 28 28 28 141-0.0% # 5610 Building Rent 104,122 - - - - - 60,738 8,677 8,677 8,677 8,677 8,677 (0) (0) 104,122-0.0% # 5620 Equipment Rental 5,184-746 524 225 464 977 514 347 347 347 347 347 5,184-0.0% # 5630 Vendor Repairs 3,135 - - - - - - - 627 627 627 627 627 3,135-0.0% # 5812 Pupil Transportation - General 4,700 - - - - - 890 680 626 626 626 626 626 4,700-0.0% # 5820 Legal/Audit 3,600 - - - - 750 - - 3,000 3,750 150 4.2% # 5830 Advertisement/Recruitment 1,765-25 25 - - - - 343 343 343 343 343 1,765-0.0% # 5850 Non-Instructional Consultants 18,662-8 - 1,575 945 1,033 380 1,444 1,444 1,444 1,444 1,444 11,162 (7,500) -40.2% # 5851 Instructional Consultants 164,592 - - - 10,058 4,723 28,039 14,567 17,342 17,342 17,342 17,342 17,342 17,342 161,436 (3,155) -1.9% # 5853 ExED 4,414-4,414 - - 13,242 4,414 - - - - - - 22,070 17,656 400.0% # 5890 Other Services & Operating Expe 6,560 - (330) 9 (278) 2,898 1,890 (1,697) 814 814 814 814 814 6,560-0.0% 5891 Factoring Fees - - - - - - - - - - - - - - - 0.0% # 5896 Fair Share Special Education Cost 75,961 3,216 6,432 4,288 4,288 12,237-11,604 5,802 7,607 3,804 3,804 3,804 3,804 70,690 (5,271) -6.9% # 5897 Fundraising Cost 5,093-50 50-10,122 6,734-732 7 86 287 586 14 18,668 13,575 266.6% # 5900 Communications (tele, internet, postage) 6,013-65 281 1,159 1,253 202 258 631 631 631 631 631 631 7,002 988 16.4% # 5910 Telephone/Internet Expense - - - - - - - - - - - - - - - 0.0% # 5920 Internet Expense - - - - - - - - - - - - - - - 0.0% # 5930 Postage (UPS, Fedex, US Mail) - - - - - - - - - - - - - - - 0.0% Total 5000 Operating Services 417,929 3,216 22,345 7,592 19,781 47,294 104,917 34,983 37,546 40,127 37,902 35,103 26,726 21,789 439,322 21,392 5.1% 11

CITIZENS OF THE WORLD CHARTER SCHOOL HOLLYWOOD 12-13 CASH FLOW 3 4 5 6 7 8 9 10 11 12 13 14 6000 Capital Outlay 12-13 Revised (Nov. 2012) Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Accrual Jul '12 - Jun 13 Var. from Revised Total Enrollment 264 259 (5) -1.9% # 6900 Depreciation 794 403 191 20 20 20 20 20 20 20 20 20 20 794-0.0% Total 6000 Capital Outlay 794 403 191 20 20 20 20 20 20 20 20 20 20-794 - 0.0% 7000 Other Outgo 0.0% # 7299 District Oversight Fee 15,388 594 1,188 792 792 2,235-2,134 837 948 516 359 196 5,573 16,165 776 5.0% # 7310 INDIRECT COSTS (Transferred to RSO) 197,331-910 8,125 12,484 9,477 11,077 (1,339) 40,785 24,051 24,051 24,051 25,517 6,417 185,605 (11,725) -5.9% # 7438 Debt Service - Interest - - - - - - - - - - - - - - - 0.0% Total 7000 Other Outgo 212,719 594 2,098 8,917 13,276 11,712 11,077 795 41,622 24,999 24,567 24,410 25,713 11,990 201,770 (10,949) -5.1% Total Expenses 2,262,675 26,168 129,120 158,631 179,870 193,170 251,690 161,040 246,794 215,278 221,378 225,625 202,340 38,592 2,249,697 (12,979) -0.6% NET INCOME 126,365 856 (82,854) 17,984 (70,451) (56,714) (29,091) 66,106 (93,136) (69,320) (31,939) (92,584) (126,702) 575,027 7,183 (119,182) Beginning Cash Balance 200,238 200,238 133,795 261,066 399,957 319,201 279,463 266,721 280,502 192,386 153,928 137,009 59,445 15,128 200,238 - Cash Flow from Operating Activities Net Income 126,365 856 (82,854) 17,984 (70,451) (56,714) (29,091) 66,106 (93,136) (69,320) (31,939) (92,584) (126,702) 575,027 7,183 (119,182) Change in Accounts Receivable Prior Year Accounts Receivable 336,131 5,098 210,061 95,250 3,403-1,478 20,841 336,131 - Current Year Accounts Receivable (714,522) (613,619) (613,619) 100,902 Change in Due from (2,581) - - - (2,581) 2,581 - (2,888) - - - - - (2,888) (306) Change in Accounts Payable 50,241 (67,509) (8,050) 20,232 (22,038) 2,816 2,654 (5,470) 5,000 10,000 15,000 15,000 82,365 38,592 88,592 38,351 Change in Due to 17,482 910 4,087 12,484 10,601 12,917 (42,321) (1,322) (18,804) Summer Savings Program (5,000) (5,000) (5,000) Change in Payroll Liaibilities (1,172) (5,290) 4,394 1,317 (1,593) 1,618 758 (3,144) (1,941) (769) Prepaid Expenditures & Deposits (56) 7,620 (660) 6,960 7,015 Deferred Revenue - - - Depreciation Expense 795 403 191 20 20 20 20 20 20 20 20 20 20 795 - Cash Flow from Investing Activities - - - Capital Expenditures - - - - - Cash Flow from Financing Activities - - - Source - - - - - - - - - - - - - - - Use - - - - - - - - - - - - - - - Ending Cash Balance 7,921 133,795 261,066 399,957 319,201 279,463 266,721 280,502 192,386 153,928 137,009 59,445 15,128 15,128 15,128 7,207 5% Reserve: 112,485 12

CITIZENS OF THE WORLD CHARTER SCHOOL - SILVERLAKE 12-13 CASH FLOW ( 4 5 6 7 8 9 10 11 12 13 14 INCOME 12-13 Revised (Nov. 2012) Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Accrual Jul '12 - Jun 13 Total Enrollment 254 244 (10) Enter Apportionment Schedule Scenario P-2 P-2 P-2 P-2 P-2 P-2 P-2 P-1 P-1 P-1 P-1 P-1 2-2012-13 Proposed Apportionment (Taxes Pass) 0% 2% ADVANCE 13% APPORTIONMENT 5% FIGURES 9% USED 17% 9% 12% P1 APPORTIONMENT 5% FIGURES 1% USED 0% 81% 8011-8096 Revenue Limit Sources 6% 12% 8% 8% 8% 8% 8% 33% 17% 17% 17% 17% # of school days 176 16 22 18 15 17 18 16 20 21 13 176 # of pay period days # 8015 Charter School General Purpose - State Aid 885,385 - - 356,283 - - - - - 34,403 19,785 10,122-415,583 836,175 (49,210) -6% # 8019 Charter Schools General Purpose - Prior Year - - - - - - - - - - 0% # 8096 In lieu of Property Taxes 320,841 - - - 168,716 - - (3,615) - 46,023 23,012 23,012 23,012 23,012 303,170 (17,671) -6% Total 8011-8096 Revenue Limit Sources 1,206,226 - - 356,283 168,716 - - (3,615) - 80,426 42,797 33,133 23,012 438,594 1,139,346 (66,881) -6% 8100-8290 Other Federal Income # 8181 Special Education - IDEA 44,400 - - - 23,607 - - (506) 4,186 2,093 2,093 2,093 2,093 35,660 (8,739) -20% # 8220 Child Nutrition (Federal) 41,655 - - - - - - 7,245 3,331 3,589 3,565 3,774 3,355 11,323 36,182 (5,473) -13% # 8291 Title I, A, Basic Low Income 29,158 - - - - - - - 11,663 11,663 5,832 29,158-0% # 8292 Title II, A Teacher Quality 6,858 - - - - - - - 701 701 351 1,753 (5,105) -74% # 8293 Title II, D EETT - - - - - - - - - - - 0% # 8294 Title III, Limited English (LEP) - - - - - - - - - - - 0% # 8295 Title V, A Innovative Education - - - - - - - - - - - - - 0% # 8296 Title V, B Charter Schools Grants - - - - - - - - - 126,521 81,661 208,182 208,182 0% # 8297 Other Federal Income - - - - - - - - - - - 0% Total 8100-8290 Other Federal Income 122,071 - - - 23,607 - - 6,739 14,995 8,477 5,658 17,531 132,670 101,259 310,936 188,865 155% 8300-8599 Other State Income # 8311 Special Ed - AB 602 132,336 - - - 69,912 - - (1,498) 18,878 9,439 9,439 9,439 9,439 125,047 (7,289) -6% # 8312 Supplemental Hours - - - - - - - - - - - - - - - - 0% # 8434 Class Size Reduction (K-3) - - - - - - - - - - - 0% # 8520 Child Nutrition (State) 3,140 - - - - - - 536 252 265 259 274 244 823 2,654 (486) -15% # 8560 State Lottery Revenue 33,139 - - - - - - - - 31,314 31,314 (1,825) -6% # 8590 Charter Sch Categorical Blk Gr 133,463 - - 76,778 - - - - - 6,785 3,902 1,996-37,265 126,727 (6,736) -5% # 8591 SB740 108,845 - - - - - - - - - (108,845) -100% # 8593 Art and Music Block Grant - - - - - - - - - - - 0% # 8595 Secondary School Counselors - - - - - - - - - - - 0% # 8599 Other State Revenue 29,955 - - - - - - - 14,153 14,153 28,305 (1,650) -6% Total 8300-8599 Other State Income 440,878 - - 76,778 69,912 - - (962) 252 25,927 13,600 25,862 9,683 92,995 314,047 (126,831) -29% 8600-8699 Other Income-Local # 8634 Food Service Sales 35,710 - - - 6,449 3,034-1,684 5,076 3,257 2,895 3,618 3,799 2,352 32,164 (3,546) -10% # 8660 Interest Income - - - - - - - - - - - - - - - 0% # 8690 All Other Income (afterschool, summer school, Enrich - 0 - - - 11,673 - - (11,650) - - - - 23 23 0% # 8698 Grants - - - - - - - - - - - - - - - 0% # 8699 Fundraising 381,166 - - - 10,217-102 21,337 34,160 34,160 55,381 83,191 102,413 340,961 (40,205) -11% # 8999 Prior Year Adjustments - - - - - - - - - - - - - - - - 0% Total 8600-8699 Other Income-Local 416,876 0 - - 16,666 14,707 102 23,021 27,586 37,417 58,276 86,810 106,212 2,352 373,148 (43,728) -10% TOTAL INCOME 2,186,052 0-433,061 278,901 14,707 102 25,183 42,832 152,247 120,330 163,336 271,577 635,200 2,137,477 (48,575) -2% EXPENSE 1000 Certificated Salaries # 1110 Teachers Salaries 635,248-32,937 70,493 65,956 58,074 58,074 58,074 58,074 58,074 58,074 58,074 58,074 633,976 (1,273) 0% # 1170 Teachers Subs 11,850 - - 300 1,950 1,746 3,306 1,038 1,746 1,746 1,746 1,746 1,746 17,070 5,220 44% # 1175 Teachers - Extra Duty/Stipend 2,646-138 276 248 318 318 318 318 318 318 318 318 3,206 560 21% # 1200 Certificated Pupil Support - - - - - - - - - - - - - - - 0% # 1300 Certificated School Administrators 182,355 7,500 14,099 28,453 19,515 14,099 14,099 14,099 14,099 14,099 14,099 14,099 14,099 182,357 1 0% # 1900 Other Certificated - - - - - - - - - - - - - - - 0% Total 1000 Certificated Salaries 832,100 7,500 47,174 99,522 87,669 74,237 75,797 73,529 74,236 74,236 74,236 74,236 74,236-836,608 4,509 1% Variance from Revised 13

CITIZENS OF THE WORLD CHARTER SCHOOL - SILVERLAKE 12-13 CASH FLOW ( 4 5 6 7 8 9 10 11 12 13 14 2000 Classified Salaries 12-13 Revised (Nov. 2012) Jul-12 Aug-12 Sep-12 Oct-12 Nov-12 Dec-12 Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Accrual Jul '12 - Jun 13 Variance from Revised Total Enrollment 254 244 (10) # 2100 Instructional Aides 207,577-11,968 24,726 23,566 17,446 19,172 12,671 19,804 17,603 22,004 23,104 14,303 206,367 (1,210) -1% # 2200 Classified Support (maintenance, food) 2,804 - - - - - - - - - - - - - (2,804) -100% # 2300 Classified School Administrators - - - - - - - - - - - - - - - 0% # 2400 Clerical/Technical/Office 46,687 - - 7,653 5,194 3,873 4,726 3,720 4,320 3,840 4,800 5,040 3,120 46,286 (401) -1% # 2900 Other Classified (noon and yard supervisors, etc) 6,660 - - 1,863 533 793 (1,021) - - - - - - 2,168 (4,492) -67% Total 2000 Classified Salaries 263,728-11,968 34,242 29,293 22,112 22,877 16,391 24,124 21,443 26,804 28,144 17,423-254,821 (8,907) -3% 3000 Employee Benefits # 3111 STRS 68,655 636 3,909 8,265 7,151 6,039 6,039 6,039 6,124 6,124 6,124 6,124 6,124-68,700 45 0% # 3212 PERS - - - - - - - - - - - - - - - - 0% # 3311 Social Security (OASDI) 16,440-742 3,032 996 1,503 1,623 1,175 1,496 1,329 1,662 1,745 1,080-16,383 (57) 0% # 3331 Medicare 15,902 112 861 1,949 1,693 1,408 1,436 1,332 1,426 1,387 1,465 1,485 1,329-15,883 (19) 0% # 3401 H & W Payment (medical, dental, vision insurance) 61,707 208 208 10,152 5,765 5,143 384 5,136 5,136 5,136 5,136 5,136 5,136 52,675 (9,032) -15% # 3501 SUI Payment Account 12,065 85 653 1,479 1,285 1,069 1,100 993 1,082 1,052 1,111 1,126 1,008-12,044 (21) 0% # 3601 Wkr Comp Payment Account 5,379 - - - 5,379 - - - - - - 5,379-0% # 3901 403B - - - - - - - - - - - - - - - 0% # 3902 Other Benefits - - - - - - - - - - - - - - - 0% Total 3000 Employee Benefits 180,149 1,041 6,373 24,877 22,269 15,162 10,582 14,675 15,264 15,030 15,499 15,616 14,678-171,065 (9,084) -5% 4000 Supplies # 4110 Textbooks 36,640-5,827 30,813 - - - - 36,640-0% # 4210 Other Books and Reference Materials 25,338 - - 25,216 122 6,555-679 32,572 7,234 29% # 4310 Instructional Materials 30,990 - - 462 12,184 543 1,771 345 1,739 1,739 1,739 1,739 1,739 24,000 (6,990) -23% # 4350 Office Supplies 10,668 - - 4,524 1,624 1,468 1,438 740 969 969 969 969 969 14,640 3,972 37% # 4370 Custodial Supplies 2,000 - - - 37 - - - 93 93 93 93 93 500 (1,500) -75% # 4390 Other Supplies 15,000 - - 2,351 2,714 68 500 1,448 584 584 584 584 584 10,000 (5,000) -33% # 4400 Noncapitalized Furniture/Equipment 7,591 - - 1,036 6,555 1,201 267 802 200 200 200 200 200 10,861 3,270 43% # 4700 Food Supplies 71,258 - - - 6,640 9,989 8,490 6,196 7,938 7,229 6,426 8,033 8,434 5,221 74,596 3,339 5% # 4710 Food for School Lunch Program - - - - - - - - - - - - - - - 0% # 4790 Food Supplies - - - - - - - - - - - - - - - 0% Total 4000 Supplies 199,485-5,827 64,402 29,876 19,824 12,466 10,210 11,523 10,814 10,011 11,617 12,019 5,221 203,809 4,325 2% 5000 Operating Services # 5200 Travel and Conferences - - - - - - - - - - - - - - - 0% # 5300 Dues and Fees 6,250 - - - - - 4,762 463 205 205 205 205 205 6,250-0% # 5450 Insurance (property, student accident, board) 6,038 - - - 6,038 - - - 6,038-0% # 5500 Utilities and Housekeeping 1,000 - - 180 196 - - - 125 125 125 125 125 1,000-0% # 5610 Building Rent 180,330-7,284 7,284 14,569 7,284 65,699 15,630 15,629 15,629 15,629 15,629 180,266 (64) 0% # 5620 Equipment Rental 6,000 - - 973 1,222 1,286 3,315 715 (302) (302) (302) (302) (302) 6,000-0% # 5630 Vendor Repairs 3,000 - - - - - - - 400 400 400 400 400 2,000 (1,000) -33% # 5812 Pupil Transportation - General 5,000 - - - - - - 328 934 934 934 934 934 5,000-0% # 5820 Legal/Audit 13,500 - - - - - - - 3,000 3,000 (10,500) -78% # 5830 Advertisement/Recruitment 5,000 70-1,552 - - - - 676 676 676 676 676 5,000-0% # 5850 Non-Instructional Consultants 5,000 - - 4,500-430 - - 14 14 14 14 14 5,000-0% # 5851 Instructional Consultants 44,100 - - - 100-4,480 1,671 6,490 6,490 6,490 6,490 6,490 38,700 (5,400) -12% # 5853 ExED 6,420-6,420 - - 19,260 6,420 - - - - - - - 32,100 25,680 400% # 5890 Other Services & Operating Expe 10,000-10 10 10 39 10 1,926 1,599 1,599 1,599 1,599 1,599 10,000-0% 5891 Factoring Fees - - - - - - - - - - 0% # 5896 Fair Share Special Education Cost 70,695 - - - 37,408 - - (801) - 9,226 4,613 4,613 4,613 4,613 64,284 (6,411) -9% # 5897 Fundraising Cost 7,620 - - - - - - - 1,366 1,366 1,366 1,366 1,366 6,832 (788) -10% # 5900 Communications (tele, internet, postage) 8,000-22 1,048 484 797 244 910 899 899 899 899 899 8,000-0% # 5910 Telephone/Internet Expense - - - - - - - - - - - - - - - 0% # 5920 Internet Expense - - - - - - - - - - - - - - - 0% # 5930 Postage (UPS, Fedex, US Mail) - - - - - - - - - - - - - - - 0% Total 5000 Operating Services 377,952 70 13,736 15,547 60,027 29,096 84,930 20,842 28,035 37,260 35,648 32,648 17,019 4,613 379,470 1,517 0% 6000 Capital Outlay # 6900 Depreciation 542 - - - - - - - - 459-543 543 1,545 1,003 185% Total 6000 Capital Outlay 542 - - - - - - - - 459-543 543-1,545 1,003 185% 14