COMMUNITY BUDGET MEETING February 20, 2018

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1 COMMUNITY BUDGET MEETING February 20, 2018 General Fund Revenue Expense Projections Discussion of Budgetary Options Discussion of Option Impacts Audience Communication Determine Recommendation to Board on Feb. 22 Committee Deliberation/Discussion/Vote

2 Board Budget Committee & Goal Jan Cahill, Committee Chair & Board Chair Jeff Gray, Committee Member Laura Vukasin, Committee Member Strategic Plan Goal: Provide prudent stewardship and accountability of public resources to best support educational opportunity and student success. The Board is committed to directing District resources to providing educational opportunity through both an instructional core and comprehensive programming while maximizing operational efficiency and public accountability within a sustainable budget. The District must recognize a need for a 21 st Century learning environment, changing student population with more diverse needs, uncertain revenue streams and escalating costs.

3 End Game: A balanced GENERAL FUND budget for the school year that provides high quality educational opportunity while maximizing operational efficiency and public accountability. REMINDERS: GENERAL FUND: The General Fund Budget finances the instructional costs of the district along with general maintenance and operational costs. It does not include grant monies nor federal allocations. GENERAL FUND IS NOT: The bond levy! Budget limits are established per MCA VOTING REQUIREMENTS Voter approval is necessary for a district to increase Over-BASE taxes from the prior year. (MCA and ).

4 GENERAL FUND BUDGETING Determine estimated revenues Determine estimated expenditures Determine new budget need Compare Determine necessary action(s) Adopt a budget in August The General Fund budget is: A description of the educational plan and the resources required to support the plan; An outline of proposed District actions; An accountability tool as it is reported and audited; and A public information document.

5 Budget Projections: local and state allocations (D4A from reserves) $70,335,142 Additional STATE FUNDING: Factors: *Enrollment *Inflation Applied to Parts of the Funding Formula +$626,061 New Budget Authority $70,961,203 D4A $156,345 $70,804,858 $1,450, budget $70,335,142 (D4A paid out of reserves) Cost increase estimates: Contractual Obligations: $1,600,000 Each 1% Health Insurance: $64,000 x 5% = $320,000 $1,920,000 New general fund budget amount needed to maintain comprehensive programming and staffing $72,255,142

6 Options: High School Technology Levy Elementary Operational Levy up to $1,353,726 AND Reduce $96,558 Both a High School Technology Levy and an Elementary Operational Levy No Levies: Reductions of $1,450,284 D4A of $156,345 from reserves

7 ELEMENTARY GENERAL FUND FUNDING COMPONENT BREAKDOWN Elementary % Maximum-$47,881,423 Voted Levy Potential $1,014,489 Budget $46,866,934 Elementary % Maximum-$49,166,584 Voted Levy Potential $1,353,726 Budget $47,812,858 $1,353,726 Over Base Property Tax $8,237, % Over Base Property Tax $8,237, % Guaranteed Tax Base *NRD Guaranteed Tax Base *NRD $7,943,783 $342,212 $9,359,969 $0 80% Base Budget $38,285,395 Local Base Property Tax= $5,386,177 Non-Levied Revenue $1,856,660 Special Education $1,497,010 Direct State Aid $18,905,729 Data for Achievement $152,008 Indian Ed for All $158,653 American Indian Achievement Gap $233,453 At Risk $302,930 Quality Educator $1,835,485 80% Base Budget $39,044,360 Local Base Property Tax= $6,577,405 Non-Levied Revenue $4,000 Special Education $1,505,282 Direct State Aid $19,418,872 Data for Achievement $0 Indian Ed for All $162,787 American Indian Achievement Gap $243,180 At Risk $293,415 Quality Educator $1,858,067

8 HIGH SCHOOL GENERAL FUND FUNDING COMPONENT BREAKDOWN High School % Maximum-$23,226,076 Voted Levy Potential $85,565 Budget $23,140,511 High School % Maximum-$23,206,248 Voted Levy Potential $124,508 Budget $23,081,740 $124, % 99.5% Over Base Property Tax $4,423,049 Over Base Property Tax $4,423,049 Guaranteed Tax Base *NRD Guaranteed Tax Base *NRD $3,690,312 $169,852 $4,213,064 $0 Local Base Property Tax= $2,945,007 Local Base Property Tax= $3,424,890 80% Base Budget $18,399,682 Non-Levied Revenue $826,381 Special Education $603,986 Direct State Aid $9,368,677 Data for Achievement $62,179 Indian Ed for All $64,898 American Indian Achievement Gap $81,510 At Risk $81,680 Quality Educator $768,828 80% Base Budget $18,581,551 Non-Levied Revenue $8,000 est. Special Education $589,505 Direct State Aid $9,373,263 Data for Achievement $0 Indian Ed for All $64,844 American Indian Achievement Gap $80,850 At Risk $79,162 Quality Educator $771,008

9 Elementary Levy Costs Levy Amount # of Mills Per Year Per Year on a $100K on a $200K Taxable Valued Taxable Valued Home Home $1,000, $9.84 $19.68 $1,250, $12.30 $24.60 $1,353, $13.32 $26.65

10 REDUCTION POSSIBILITIES: Need: $1,450,284 Shift to Other Sources $ 117,000 Supervisor Reduction $ 15,000 Insurance Benefit Change $189,000 Subtotal $1,129,284 Teacher $50K each = 21.5 FTE Federal cuts of $480K or 10 FTE Support Staff Reductions? Approximately 100 people Other?

11 Other? Close an elementary school? Reduce high school graduation requirements? Fewer course offerings Alter high school schedule Significant staff reductions Eliminate programs? Environmental Ed CARE JROTC Non-Title Elementary Literacy????

12 Voters Approved - Used Total Amount Voters Approved - Used Less Levy Failed No Levy Request FISCAL YEAR ELEMENTARY HIGH SCHOOL TOTAL K-12 VOTED LEVY VOTED LEVY VOTED LEVY VOTED LEVY VOTED LEVY VOTED LEVY APPROVED USED APPROVED USED APPROVED USED mills mills 7.23 mills 7.12 mills mills mills $1,416,008 $1,416,008 $671,278 $671,278 $2,087,286 $2,087, mills mills 7.12.mills 6.78 mills mills mills $1,431,517 $1,431,517 $621,250 $621,250 $2,052,767 $2,052, mills 2.76 mills 6.42.mills 2.59 mills mills 5.35 mills $611,945 $232,975 $588,084 $226,581 $1,200,029 $459, mills 8.86 mills 0 mills 0 mills 8.84 mills 8.86 mills $749,681 $749,681 $0 $0 $749,681 $749, mills 5.23 mills 1.32 mills 1.28 mills 6.55 mills 6.51 mills $442,858 $442,858 $116,288 $112,530 $559,141 $555, mills 1.99 mills 5.9 mills 4.81 mills mills 6.80 mills $386,510 $167,909 $519,475 $418,866 $905,985 $586, mills 3.23 mills 5.20 mills 4.96 mills 8.55 mills 8.19 mills $282,342 $282,384 $452,929 $447,029 $753,271 $729, mills 0 mills 2.09 mills 0 mills mills 0 mills $543,949 $0 $188,715 $0 $732,664 $ mills 0 mills 0 mills 0 mills 0 mills 0 mills No Levy Request $0 $0 $0 $0 $0 $ mills 0 mills 6.53 mills 6.15.mills mills 6.15 mills $1,206,537 $0 $628,727 $596,534 $1,835,264 $596, Mills 0 Mills 0 Mills 0 Mills 0 Mills 0 Mills Levy Failed $1,672,699 $0 $1,045,341 $0 $0 $ Mills 0 Mills 0 Mills 0 Mills 0 Mills 0 Mills No Levy Request $0 $0 $0 $0 $0 $ $247,224 $247,224 $647,926 $647,926 $895,150 $895, Mills 2.36 Mills 6.02 Mills 6.02 Mills 8.38 Mills 8.38 Mills Mills 0 mills 0 mills 0 mills 0 mills 0 mills Levy Failed $ 640,000 $ 358, Mills 0 Mills 0 Mills 0 Mills 0 Mills 0 Mills No Levy Request $0 $0 $0 $0 $0 $ Mills 0 Mills 0 Mills 0 Mills 0 Mills 0 Mills Levy Failed $981,748 $0 $0 $0 $0 $ Mills 11.2 Mills 3.44 Mills 3.44 Mills Mills Mills $1,222,209 $1,222,209 $396,767 $396,767 $1,618,976 $1,618, Mills 0 Mills 0 Mills 0 Mills 0 Mills 0 Mills No Levy Request $0 $0 $0 $0 $0 $ TBD TBD TBD TBD TBD TBD Bond Election $45,910,000 TBD $52,955,000 TBD $98,865,000 TBD mills 0 mills 0 mills 0 mills 0 Mills 0 Mills Tech Levy Request $0 $0 $500,000 $0 $0 $0 LEVIES: In the last 10 years ran a levy 7 times: 5 operational levies: 2 passed 3 failed 1 facility bond levy passed 1 technology levy failed

13 REDUCTIONS & OPERATIONAL CHANGE TOTALS OVER TIME 17-18: $1,822,836 +$216,000 (D4A) 16-17: $1,034, : $0 BUT USED $430,000 IN RESERVES TO BALANCE BUDGET 14-15: LEVY PASSED. FUNDED VALUE ADDED & $629K SHORTFALL 13-14: $139,748 + $600,000 FROM RESERVES AS LEVY FAILED 12-13: $500,000 + $598,579 FROM RESERVES 11-12: $1,800,000 + $1,054,516 FROM RESERVES 10-11: $311,635 WITH LEVY PASSAGE 09-10: $614,894 + $937,193 FROM RESERVES 08-09: $2,650,000 Total reductions in 10 years: $8,873,849

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15 PUBLIC COMMENT

16 Committee Deliberation, Discussion, and Vote Jan Cahill, Committee Chair & Board Chair Jeff Gray, Committee Member Laura Vukasin, Committee Member SPECIAL BOARD MEETING: THURSDAY, FEBRUARY 22, 5:30 PM DISTRICT OFFICE BUILDING, TH St. S.