School District No. 79 (Cowichan Valley)

Size: px

Start display at page:

Download "School District No. 79 (Cowichan Valley)"

Maria Simpson
5 years ago
Views:

1 Amended Annual Budget School District No. 79 (Cowichan Valley) June 30, 2016

2 June 30, 2016 Table of Contents Bylaw... 1 Amended Annual Budget - Revenue and Expense - Statement Amended Annual Budget - Changes in Net Financial Assets (Debt) - Statement Amended Annual Budget - Schedule of Changes in Accumulated Surplus (Deficit) by Fund - Schedule Amended Annual Budget - Operating Revenue and Expense - Schedule Schedule 2A - Amended Annual Budget - Schedule of Operating Revenue by Source... 7 Schedule 2B - Amended Annual Budget - Schedule of Operating Expense by Source... 8 Schedule 2C - Amended Annual Budget - Operating Expense by Function, Program and Object... 9 Amended Annual Budget - Special Purpose Revenue and Expense - Schedule Schedule 3A - Amended Annual Budget - Changes in Special Purpose Funds Amended Annual Budget - Capital Revenue and Expense - Schedule *NOTE - Statement 1, Statement 3, Statement 5 and Schedules 4A - 4D are used for Financial Statement reporting only.

3 AMENDED ANNUAL BUDGET BYLAW A Bylaw of THE BOARD OF EDUCATION OF SCHOOL DISTRICT NO. 79 (COWICHAN VALLEY) (called the ''Board'') to adopt the Amended Annual Budget of the Board for the fiscal year 2015/2016 pursuant to section 113 of the School Act, R.S.B.C., 1996, c. 412 as amended from time to time (called the "Act "). 1. Board has complied with the provisions of the Act respecting the Amended Annual Budget adopted by this bylaw. 2. This bylaw may be cited as School District No. 79 (Cowichan Valley) Amended Annual Budget Bylaw for fiscal year 2015/ The attached Statement 2 showing the estimated revenue and expense for the 2015/2016 fiscal year and the total budget bylaw amount of $83,854,595 for the 2015/2016 fiscal year was prepared in accordance with the Act. 4. Statement 2, 4 and Schedules 1 to 4 are adopted as the Amended Annual Budget of the Board for the fiscal year 2015/2016. READ A FIRST TIME THE 2nd DAY OF FEBRUARY, 2016; READ A SECOND TIME THE 2nd DAY OF FEBRUARY, 2016; READ A THIRD TIME, PASSED AND ADOPTED THE 2nd DAY OF FEBRUARY, 2016; (Corporate Seal) Chairperson of the Board Secretary Treasurer I HEREBY CERTIFY this to be a true original of School District No. 79 (Cowichan Valley) Amended Annual Budget Bylaw 2015/2016, adopted by the Board the 2nd DAY OF FEBRUARY, Secretary Treasurer

4 Amended Annual Budget - Revenue and Expense Statement Amended 2015 Amended Annual Budget Annual Budget Ministry Operating Grant Funded FTE's School-Age 7, , Adult Total Ministry Operating Grant Funded FTE's 7, , Revenues $ $ Provincial Grants Ministry of Education 67,610,719 65,986,208 Other 97,800 77,800 Tuition 2,551,000 2,234,881 Other Revenue 6,746,392 6,828,074 Rentals and Leases 114, ,480 Investment Income 159, ,300 Amortization of Deferred Capital Revenue 3,634,426 3,495,972 Total Revenue 80,914,071 78,879,715 Expenses Instruction 65,795,543 63,055,352 District Administration 2,082,084 1,993,080 Operations and Maintenance 13,065,635 12,873,389 Transportation and Housing 2,575,222 2,515,394 Total Expense 83,518,484 80,437,215 Net Revenue (Expense) (2,604,413) (1,557,500) Budgeted Allocation (Retirement) of Surplus (Deficit) 2,234,082 1,286,668 Budgeted Reduction of Unfunded Employee Future Benefits (50,000) (50,000) Budgeted Surplus (Deficit), for the year (420,331) (320,832) Budgeted Surplus (Deficit), for the year comprised of: Operating Fund Surplus (Deficit) Special Purpose Fund Surplus (Deficit) Capital Fund Surplus (Deficit) (420,331) (320,832) Budgeted Surplus (Deficit), for the year (420,331) (320,832) Page 2

5 Amended Annual Budget - Revenue and Expense Statement Amended 2015 Amended Annual Budget Annual Budget Budget Bylaw Amount Operating - Total Expense 74,354,875 71,792,461 Operating - Tangible Capital Assets Purchased 10,000 Operating - Reduction of Unfunded Employee Future Benefits 50,000 50,000 Special Purpose Funds - Total Expense 4,870,741 4,369,840 Special Purpose Funds - Tangible Capital Assets Purchased 226, ,010 Capital Fund - Total Expense 4,292,868 4,274,914 Capital Fund - Tangible Capital Assets Purchased from Local Capital 60, ,425 Total Budget Bylaw Amount 83,854,595 81,031,650 Approved by the Board Signature of the Chairperson of the Board of Education Date Signed Signature of the Superintendent Date Signed Signature of the Secretary Treasurer Date Signed Page 3

6 Amended Annual Budget - Changes in Net Financial Assets (Debt) Statement Amended 2015 Amended Annual Budget Annual Budget $ $ Surplus (Deficit) for the year (2,604,413) (1,557,500) Effect of change in Tangible Capital Assets Acquisition of Tangible Capital Assets From Operating and Special Purpose Funds (226,111) (442,010) From Local Capital (60,000) (102,425) From Deferred Capital Revenue (3,461,382) (1,505,510) Total Acquisition of Tangible Capital Assets (3,747,493) (2,049,945) Amortization of Tangible Capital Assets 4,292,868 4,274,914 Total Effect of change in Tangible Capital Assets 545,375 2,224,969 Acquisitions of Prepaid Expenses (225,015) (160,000) Use of Prepaid Expenses 225, ,930-8,930 (Increase) Decrease in Net Financial Assets (Debt) (2,059,038) 676,399 Page 4

7 Amended Annual Budget - Schedule of Changes in Accumulated Surplus (Deficit) by Fund Schedule 1 Operating Special Purpose Capital 2016 Amended Fund Fund Fund Annual Budget $ $ $ $ Accumulated Surplus (Deficit), beginning of year 2,036,346 92,893 45,324,509 47,453,748 Changes for the year Net Revenue (Expense) for the year (2,184,082) 226,111 (646,442) (2,604,413) Interfund Transfers Tangible Capital Assets Purchased (226,111) 226,111 - Net Changes for the year (2,184,082) - (420,331) (2,604,413) Budgeted Accumulated Surplus (Deficit), end of year (147,736) 92,893 44,904,178 44,849,335 Page 5

8 Amended Annual Budget - Operating Revenue and Expense Schedule Amended 2015 Amended Annual Budget Annual Budget $ $ Revenues Provincial Grants Ministry of Education 64,402,887 63,054,558 Other 77,800 77,800 Tuition 2,551,000 2,234,881 Other Revenue 4,879,626 4,974,074 Rentals and Leases 114, ,480 Investment Income 145, ,000 Total Revenue 72,170,793 70,565,793 Expenses Instruction 60,924,802 58,685,512 District Administration 2,082,084 1,993,080 Operations and Maintenance 9,057,897 8,882,153 Transportation and Housing 2,290,092 2,231,716 Total Expense 74,354,875 71,792,461 Net Revenue (Expense) (2,184,082) (1,226,668) Budgeted Prior Year Surplus Appropriation 2,234,082 1,286,668 Budgeted Reduction of Unfunded Employee Future Benefits (50,000) (50,000) Net Transfers (to) from other funds Tangible Capital Assets Purchased (10,000) Total Net Transfers - (10,000) Budgeted Surplus (Deficit), for the year - - Page 6

9 Amended Annual Budget - Schedule of Operating Revenue by Source Schedule 2A 2016 Amended 2015 Amended Annual Budget Annual Budget $ $ Provincial Grants - Ministry of Education Operating Grant, Ministry of Education 68,323,881 67,978,971 AANDC/LEA Recovery (4,399,626) (4,449,074) Strike Savings Recovery (2,224,718) Other Ministry of Education Grants Pay Equity 363, ,682 Labour Settlement Funding 1,273,328 Funding for Graduated Adults 88,600 88,600 FSA & Exam Allocation 11,400 13,769 Curriculum Implementation Support 14,950 Competencies Grant 10,000 Total Provincial Grants - Ministry of Education 64,402,887 63,054,558 Provincial Grants - Other 77,800 77,800 Tuition Offshore Tuition Fees 2,551,000 2,234,881 Total Tuition 2,551,000 2,234,881 Other Revenues LEA/Direct Funding from First Nations 4,399,626 4,449,074 Miscellaneous BC Hydro Energy Manager 50,000 50,000 Registration Fees 95,000 95,000 Transportation Fees 335, ,000 Asset Sales 30,000 Total Other Revenue 4,879,626 4,974,074 Rentals and Leases 114, ,480 Investment Income 145, ,000 Total Operating Revenue 72,170,793 70,565,793 Page 7

10 Amended Annual Budget - Schedule of Operating Expense by Source Schedule 2B 2016 Amended 2015 Amended Annual Budget Annual Budget $ $ Salaries Teachers 31,106,031 29,256,159 Principals and Vice Principals 4,097,972 3,934,951 Educational Assistants 5,258,180 5,063,466 Support Staff 7,933,004 7,926,543 Other Professionals 1,729,732 1,596,059 Substitutes 3,365,642 3,421,732 Total Salaries 53,490,561 51,198,910 Employee Benefits 13,249,700 12,744,332 Total Salaries and Benefits 66,740,261 63,943,242 Services and Supplies Services 2,460,933 2,305,591 Student Transportation 88, ,666 Professional Development and Travel 479, ,975 Rentals and Leases 96, ,100 Dues and Fees 86,160 83,160 Insurance 244, ,134 Supplies 2,778,881 3,068,945 Utilities 1,380,130 1,444,648 Total Services and Supplies 7,614,614 7,849,219 Total Operating Expense 74,354,875 71,792,461 Page 8

11 Amended Annual Budget - Operating Expense by Function, Program and Object Schedule 2C Principals and Educational Support Other Teachers Vice Principals Assistants Staff Professionals Substitutes Total Salaries Salaries Salaries Salaries Salaries Salaries Salaries $ $ $ $ $ $ $ 1 Instruction 1.02 Regular Instruction 25,033, ,382 32, ,910 60,523 2,047,712 28,134, Career Programs 50,429 90, ,106-14, , Library Services 648, , ,407-43,166 1,021, Counselling 795, ,347-28,743 1,163, Special Education 3,200, ,326 4,504, , , ,932 8,749, English Language Learning 320, , Aboriginal Education 357,854 98, ,336 42,779-52,325 1,273, School Administration - 2,640,835-1,070, ,975 3,824, Summer School Continuing Education 347,123 49,480-49,186-18, , Off Shore Students 352, ,951-92,083 53,971 19, , Other Total Function 1 31,106,031 4,097,972 5,258,180 2,368, ,231 2,973,280 46,037,510 4 District Administration 4.11 Educational Administration , ,265 7, , School District Governance ,000-73, Business Administration , ,108 29, ,868 Total Function , ,373 37,023 1,470,710 5 Operations and Maintenance 5.41 Operations and Maintenance Administration , ,690 47, , Maintenance Operations ,516, ,072 3,725, Maintenance of Grounds , , Utilities Total Function ,898, , ,575 4,591,714 7 Transportation and Housing 7.41 Transportation and Housing Administration ,212 80,438 5, , Student Transportation ,096,213-93,350 1,189, Housing Total Function ,211,425 80,438 98,764 1,390,627 9 Debt Services Total Function Total Functions ,106,031 4,097,972 5,258,180 7,933,004 1,729,732 3,365,642 53,490,561 Page 9

12 Amended Annual Budget - Operating Expense by Function, Program and Object Schedule 2C 1 Instruction 1.02 Regular Instruction 1.03 Career Programs 1.07 Library Services 1.08 Counselling 1.10 Special Education 1.30 English Language Learning 1.31 Aboriginal Education 1.41 School Administration 1.60 Summer School 1.61 Continuing Education 1.62 Off Shore Students 1.64 Other Total Function 1 4 District Administration 4.11 Educational Administration 4.40 School District Governance 4.41 Business Administration Total Function 4 5 Operations and Maintenance 5.41 Operations and Maintenance Administration 5.50 Maintenance Operations 5.52 Maintenance of Grounds 5.56 Utilities Total Function 5 7 Transportation and Housing 7.41 Transportation and Housing Administration 7.70 Student Transportation 7.73 Housing Total Function 7 9 Debt Services Total Function 9 Total Functions 1-9 Total Employee Total Salaries Services and 2016 Amended 2015 Amended Salaries Benefits and Benefits Supplies Annual Budget Annual Budget $ $ $ $ $ $ 28,134,387 7,300,634 35,435,021 1,595,155 37,030,176 35,896, ,883 83, , , , ,627 1,021, ,239 1,283,283 74,000 1,357,283 1,016,211 1,163, ,430 1,423,606 5,500 1,429,106 1,422,102 8,749,412 2,149,300 10,898, ,367 11,108,079 10,439, ,653 82, ,767 4, , ,448 1,273, ,840 1,564, ,938 1,722,031 1,608,920 3,824, ,044 4,675, ,253 4,777,050 4,682, , , ,336 54, , , , , , ,284 1,542,056 1,670, ,200 14,200 14,200 46,037,510 11,583,911 57,621,421 3,303,381 60,924,802 58,685, ,842 90, ,854 24, , ,721 73,000 2,401 75,401 85, , , , ,061 1,163, ,850 1,379,779 1,297,784 1,470, ,474 1,757, ,900 2,082,084 1,993, , , , , , ,300 3,725, ,198 4,583,033 1,395,601 5,978,634 5,976, ,247 73, , , , , ,692,630 1,692,630 1,513,148 4,591,714 1,041,165 5,632,879 3,425,018 9,057,897 8,882, ,064 43, ,628 23, , ,722 1,189, ,586 1,484, ,065 2,022,214 1,938, ,390, ,150 1,728, ,315 2,290,092 2,231, ,490,561 13,249,700 66,740,261 7,614,614 74,354,875 71,792,461 Page 10

13 Amended Annual Budget - Special Purpose Revenue and Expense Schedule Amended 2015 Amended Annual Budget Annual Budget $ $ Revenues Provincial Grants Ministry of Education 3,207,832 2,931,650 Other 20,000 Other Revenue 1,866,766 1,854,000 Investment Income 2,254 16,200 Total Revenue 5,096,852 4,801,850 Expenses Instruction 4,870,741 4,369,840 Total Expense 4,870,741 4,369,840 Net Revenue (Expense) 226, ,010 Net Transfers (to) from other funds Tangible Capital Assets Purchased (226,111) (432,010) Total Net Transfers (226,111) (432,010) Budgeted Surplus (Deficit), for the year - - Page 11

14 Amended Annual Budget - Changes in Special Purpose Funds Schedule 3A Annual Learning Special Scholarships School Ready, Facility Improvement Education and Generated Strong Set, Grant Fund Equipment Bursaries Funds Start Learn OLEP CommunityLINK $ $ $ $ $ $ $ $ $ Deferred Revenue, beginning of year 919,540-24,260 15,169 1,285, ,527 55, , ,912 Add: Restricted Grants Provincial Grants - Ministry of Education 416,763 1,433,057 14, ,000 34, , ,040 Other 1,700,000 Investment Income 9,100 3, ,863 1,433,057 14,577 3,500 1,700, ,000 34, , ,040 Less: Allocated to Revenue 416,817 1,433,057 15,000 4,200 1,800, ,000 54, , ,444 Deferred Revenue, end of year 928,586-23,837 14,469 1,185, ,527 35,471-28,508 Revenues Provincial Grants - Ministry of Education 416,763 1,433,057 15, ,000 54, , ,444 Provincial Grants - Other Other Revenue 2,000 1,800,000 Investment Income 54 2, ,817 1,433,057 15,000 4,200 1,800, ,000 54, , ,444 Expenses Salaries Teachers 898,240 85,016 27,684 Educational Assistants 229,489 Support Staff 4, ,084 Substitutes 40,000 75,000 8,000-1,127, ,000 40, , ,768 Employee Benefits 305,328 1,000 6,000 24, ,336 Services and Supplies 210,706 15,000 4,200 1,800, ,000 8, , , ,706 1,433,057 15,000 4,200 1,800, ,000 54, , ,444 Net Revenue (Expense) before Interfund Transfers 206, Interfund Transfers Tangible Capital Assets Purchased (206,111) (206,111) Net Revenue (Expense) Page 12

15 Amended Annual Budget - Changes in Special Purpose Funds Deferred Revenue, beginning of year Service Lake Cowichan Delivery BC Early Student School Building Wendy's Cultural Compassionate Learning Transformation Hydro Learning Inspiration Envelope House Trust Leaders Supports $ $ $ $ $ $ $ $ $ 46, ,268 13,324 24, ,579 29, ,000 22,000 Schedule 3A Add: Restricted Grants Provincial Grants - Ministry of Education Other Investment Income 4,000 10,810-4, , Less: Allocated to Revenue Deferred Revenue, end of year Revenues Provincial Grants - Ministry of Education Provincial Grants - Other Other Revenue Investment Income Expenses Salaries Teachers Educational Assistants Support Staff Substitutes Employee Benefits Services and Supplies Net Revenue (Expense) before Interfund Transfers Interfund Transfers Tangible Capital Assets Purchased Net Revenue (Expense) - 1,000 1,400 9,000 20, ,866 42,000 22,000 46, ,268 11,924 15, ,579 29, ,000 1,000 1,400 9, ,866 42,000-1,000 1,400 9,000 20, ,866 42,000 22, ,600 4,400 1,000 1,400 9, ,866 42,000-1,000 1,400 9, ,866 42,000 22, , (20,000) (20,000) ,000 17,600 Page 13

16 Amended Annual Budget - Changes in Special Purpose Funds Schedule 3A Deferred Revenue, beginning of year TOTAL $ 3,252,705 Add: Restricted Grants Provincial Grants - Ministry of Education Other Investment Income 2,872,068 1,714,810 12,600 4,599,478 Less: Allocated to Revenue Deferred Revenue, end of year Revenues Provincial Grants - Ministry of Education Provincial Grants - Other Other Revenue Investment Income Expenses Salaries Teachers Educational Assistants Support Staff Substitutes Employee Benefits Services and Supplies Net Revenue (Expense) before Interfund Transfers Interfund Transfers Tangible Capital Assets Purchased Net Revenue (Expense) 5,096,852 2,755,331 3,207,832 20,000 1,866,766 2,254 5,096,852 1,010, , , ,000 1,724, ,064 2,702,564 4,870, ,111 (226,111) (226,111) - Page 14

17 Amended Annual Budget - Capital Revenue and Expense Schedule Amended Annual Budget Invested in Tangible Local Fund 2015 Amended Capital Assets Capital Balance Annual Budget $ $ $ $ Revenues Provincial Grants Investment Income 12,000 12,000 16,100 Amortization of Deferred Capital Revenue 3,634,426 3,634,426 3,495,972 Total Revenue 3,634,426 12,000 3,646,426 3,512,072 Expenses Amortization of Tangible Capital Assets Operations and Maintenance 4,007,738 4,007,738 3,991,236 Transportation and Housing 285, , ,678 Total Expense 4,292,868-4,292,868 4,274,914 Net Revenue (Expense) (658,442) 12,000 (646,442) (762,842) Net Transfers (to) from other funds Tangible Capital Assets Purchased 226, , ,010 Total Net Transfers 226, , ,010 Other Adjustments to Fund Balances Tangible Capital Assets Purchased from Local Capital 60,000 (60,000) - Total Other Adjustments to Fund Balances 60,000 (60,000) - Budgeted Surplus (Deficit), for the year (372,331) (48,000) (420,331) (320,832) Page 15

School District No. 08 (Kootenay Lake)

Amended Annual Budget School District No. 08 (Kootenay Lake) June 30, 2015 June 30, 2015 Table of Contents Bylaw... 1 Amended Annual Budget - Revenue and Expense - Statement 2... 2 Amended Annual Budget