FREDERICK COUNTY BOARD OF EDUCATION OPERATING BUDGET - SOURCES OF FUNDS

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2 FREDERICK COUNTY BOARD OF EDUCATION OPERATING BUDGET - SOURCES OF FUNDS BOE ACTUAL BOE APPROVED BOE APPROVED DESCRIPTION FY 2016 FY 2017 FY 2018 REVENUE FROM LOCAL SOURCES: Frederick County Unrestricted Appropriation $ 228,289,126 $ 247,066,477 $ 260,826,623 Frederick County Restricted Revenue: County Support for Pension Cost Sharing $ 9,858,314 $ - $ - County Sale of Surplus Properties 1,090, County - In-kind - School Health Program 6,224,134 6,809,134 6,885,916 County - In-kind - Frederick Co. Devel. Cntr 2,154,589 2,413,471 2,522,154 County - In-kind - School Resource Officers 1,445,821 1,630,518 1,657,640 County - In-kind - Appraisals 900 3,000 3,000 County - In-kind - Internal Audit Services 74, , ,395 County - In-kind - Crossing Guards 226, , ,008 Subtotal Frederick County Restricted ** $ 21,075,286 $ 11,216,320 $ 11,430,113 TOTAL COUNTY FUNDS $ 249,364,412 $ 258,282,797 $ 272,256,736 REVENUE FROM STATE SOURCES: State Unrestricted Funds: State Share of Current Expenses $190,367,343 $187,657,535 $193,018,621 Geographic Cost of Education Index 3,309,089 6,583,696 $6,729,963 Transportation 11,208,393 11,349,103 $11,636,755 Transportation - Special Education 955, ,000 $980,000 Handicapped Children 10,170,903 10,206,260 $10,633,800 Non-Public Placement 4,226,492 4,303,785 $4,315,161 Limited English Proficiency 7,055,301 7,276,013 $8,418,970 Net Taxable Income 797,378 1,921,697 $2,020,474 Out of County Living 2,358 15,000 $15,000 Subtotal State Unrestricted Revenue $ 228,092,257 $ 230,248,089 $ 237,768,744 State Restricted Funds: Various State Restricted Grants $1,078,526 $1,883,414 $1,883,414 Special Education - Intergovernmental Transfe 1,300,000 1,540,000 1,390,000 State Retirement Contribution 32,575,239 33,220,992 $31,344,000 Subtotal State Restricted Revenue ** $ 34,953,765 $ 36,644,406 $ 34,617,414 TOTAL STATE FUNDS $ 263,046,022 $ 266,892,495 $ 272,386,158 REVENUE FROM FEDERAL SOURCES: Federal Unrestricted Funds $ 27,603 $ - $ 50,000 Various Federal Restricted Grants ** 15,990,044 19,331,295 18,574,254 TOTAL FEDERAL FUNDS $ 16,017,647 $ 19,331,295 $ 18,624,254 REVENUE FROM OTHER SOURCES: Regular Day Tuition $ 70,626 $ 65,000 $ 65,000 Nonresident Pupils 3,530 90,000 90,000 Professional Development Fees 25,287 20,000 55,000 Summer Programs 53,493 50,000 50,000 Sports Fees 632, , ,360 Net Gate Receipts ,000 Earnings from Investments 32,701 50,000 50,000 Facility Rentals 642, , ,000 Pool Rentals 84,335 90,000 90,000 Cell Tower Rentals 133, , ,000 Energy Rebates 1, ,000 - P-card Rebates 213, , ,000 Community Services 324, , ,000 Other Miscellaneous 280,665 96, ,000 Transfer from Self-Insurance Fund ,875 Unanticipated Revenue - 500, ,000 Subtotal Other Unrestricted Revenue $ 2,499,332 $ 2,924,360 $ 3,566,235 Restricted Projects - Other ** $ 1,213,112 $ 1,762,265 $ 2,462,265 TOTAL OTHER REVENUE $ 3,712,444 $ 4,686,625 $ 6,028,500 USE OF FUND BALANCE: Audited Surplus Available $ 121,035 $ 132,759 $ 2,065,030 Estimated Charter School Use of Fund Balance 174, , ,000 Estimated Unaudited Surplus Available 5,437,087 6,000,000 6,654,853 TOTAL USE OF FUND BALANCE $ 5,732,764 $ 6,632,759 $ 9,219,883 TOTAL UNRESTRICTED REVENUES $ 464,641,082 $ 486,871,685 $ 511,431,485 TOTAL RESTRICTED REVENUES ** $ 73,232,207 $ 68,954,286 $ 67,084,046 TOTAL ALL SOURCES $ 537,873,289 $ 555,825,971 $ 578,515,531 Attachment 1

3 FREDERICK COUNTY BOARD OF EDUCATION FY 2018 APPROVED OPERATING BUDGET UNRESTRICTED RESTRICTED TOTAL OPERATING OPERATING OPERATING APPROPRIATIONS BUDGET BUDGET BUDGET Administration $ 10,531,465 $ 1,520,948 $ 12,052, Mid-Level Management 34,671, ,825 35,081, Instructional Salaries 204,498,661 5,401, ,900, Instructional Supplies 8,588,014 1,346,550 9,934, Instruction - Other 1,719, ,300 2,567, Special Education 51,941,846 10,432,635 62,374, Pupil Personnel 3,098, ,011 3,514, Health Services 360,354 6,935,916 7,296, Transportation 21,129, ,599 21,709, Operations 35,793,364 1,783,381 37,576, Maintenance 12,653,691 45,993 12,699, Fixed Charges 123,883,612 36,718, ,602, Food Service 0 60,000 60, Community Service 576, ,784 1,111, Capital Outlay 1,983,962 50,175 2,034,137 Total Appropriations $511,431,485 $67,084,046 $578,515,531 Attachment 2

4 Proposed - Board Approved Operating Description One-time/ Recurring FTE Positions FY 2018 Proposed Board Approved 1 FY 2017 Operating Expenditures $ 555,825, Expenditures 4 Reversals & Adjustments FREDERICK COUNTY BOARD OF EDUCATION FY18 Summary of Working Adjustments 5 Reversal of one time costs associated with new FY2017 positions One-time $ (42,000) 6 Wide Area Network (WAN) project (transfer to Capital Projects) One-time (300,000) 7 Additional WAN funding (transfer to Capital Projects) One-time (500,000) 8 Transportation Fuel (used in FY2017 to offset WAN Costs) One-time 350,000 9 IB Program Expansion One-time (40,000) 10 Subtotal Reversals & Adjustments $ (532,000) 11 Enrollment 12 Bus Drivers Recurring 3.00 $ 104, Charter School Allocation - Increase in Enrollment Recurring 289, Special Education Intrepreter Positions Recurring , Psychologists Recurring , Enrollment Growth Projection 17 Enrollment Growth (Elementary Formula) Recurring ,228, Enrollment Growth (Middle Formula) Recurring ,320, Enrollment Growth (High Formula) Recurring , Enrollment Growth (School Admin & Support) Recurring ,181, Enrollment Growth (Special Education Formula) Recurring , Enrollment Growth (English Language Learner Program) Recurring , Enrollment Growth (School-Based Foundation) Recurring 98, Subtotal Enrollment $ 6,561, Continuation of Programs & Services, including Mandated Items 26 Salary Savings Recurring $ (3,583,986) 27 State "On-Behalf" Teacher Pension Payments Recurring (1,876,992) 28 Decrease to federal grants Recurring (757,041) 29 Reduction to general fund support to grants Recurring (300,000) 30 Adjustment to fringes Recurring (198,814) 31 Decrease in Intergovernmental Funding Recurring (150,000) 32 Teacher Retirement (normal cost increase) Recurring (142,036) 33 Utility Savings for FHS & Refuse Savings Recurring (140,000) 34 County In-Kind Services Recurring 213, PeopleSoft Change Management Software (purchased in FY17) Recurring (34,620) 36 PeopleSoft Financial Upgrade One-Time 1,300, Health & Dental Insurance (new retirees) Recurring 637, Charter School PPA change in FY2017 over budget Recurring , Workers Compensation Insurance Recurring 358, Contracted Services - translation of IEP's Recurring 325, Increase in Life Insurance Premiums Recurring 302, Epi-pen Price Increase Recurring 130, Transitioning staff for Butterfly Ridge Recurring , Stipend & reclassification Increase Recurring 130,000 Attachment 3

5 45 Charter School PPA reserve account Increase Recurring 116, Leave Buy-Back Recurring 75, School Bus Price Increase Recurring 72, Decentralization of ELL, Phase I One-Time 52, Interpreting Services Recurring 50, Athletic Costs - trainer fees and officials - offset by misc revenue Recurring 39, Increase in costs associated with MSDE Courses Recurring 35, LYNX & Blended Learning Curriculum Recurring 25, Lead Testing of Water Fixtures Recurring 20, OPEB Investment Management Fees & Actuary costs Recurring 19, MyFile Maintenance Recurring 11, Auditing Fees Recurring 7, Legal Fees Recurring 6, Naloxone Recurring 6, Subtotal Continuation of Programs & Services 9.34 $ (2,710,287) 60 Salary Resource Pool (subject to negotiation) 61 Transitioning & restructuring of payscales 0.00 $ 19,370, TOTAL OPERATING EXPENDITURE INCREASE/(DECREASE) $ 22,689, Revenues 64 State Revenue - Estimated Increase in State Aid Recurring $ 7,520, State Revenue - Decrease in Intergovernmental Transfer Recurring (150,000) 66 State Revenue - Estimated Decrease in On-Behalf Payments Recurring (1,876,992) 67 County Revenue - Required Increase in MOE Recurring 3,760, County Revenue - Amount above MOE Recurring 10,000, County Decrease in In-kind Services Recurring 213, Decrease in Federal Grants Recurring (757,041) 71 Miscellaneous Revenue Adjustment Recurring 4, Miscellaneous Revenue Adjustment One-time 50, Increase in Erate Reimbursement (WAN project) One-time 700, Transfer from self-insurance fund One-time 637, Reversal of Estimated Surplus (Used in FY 2017) One-time (6,132,759) 76 Audited FY 2016 Additional Surplus/(Deficit) One-time 2,065, Estimated Surplus from FY17 (to be used in FY 2018) One-time 5,802, Estimated FY17 Surplus due to pension admin credit (HB 1109) One-time 852, TOTAL ESTIMATED REVENUE INCREASE/(DECREASE) $ 22,689, Variance $ 0 81 FY2018 Totals $ 578,515,531 Attachment 3

6 Frederick County Public Schools School Construction Fund Capital Fiscal Year 2018 Funding County State Total FY 2018 New Construction/Additions Frederick HS Replacement $ (8,014,000) $ 8,014,000 $ - Sugarloaf ES - New 29,433,911 4,000,000 33,433,911 Butterfly Ridge ES - New 33,468,194 5,000,000 38,468,194 Urbana ES: Replacement Design 4,011,000-4,011,000 Rock Creek School: Replacement-Design 3,517,500-3,517,500 Waverley ES: Addition/Renov:Feasibility 200, ,000 New Construction/Additions Subtotal $ 62,616,605 $ 17,014,000 $ 79,630,605 Building and Site Improvements Roof Replacements Emmitsburg ES: Roof Replacement, Phase 1 $ 59,000 $ 345,000 $ 404,000 Gov TJHS: Roof Replacement, Phase 1 342, , ,000 Hillcrest ES: Roof Replacement, Phase 2 313, , ,000 Mechanical Gov TJMS: Boiler Replacement & Fuel Tank Removal 182, , ,000 Walkersville MS: Chiller Replacement 144, , ,000 Parkway ES: Gym HVAC Replacement 125, ,000 Monocacy MS: HVAC Terminal Units 202, , ,000 New Midway ES: Boiler Replacement 159, , ,000 Linganore HS: Water Storage Tank Replacement 100, ,000 Kemptown ES: Water Storage Tank Replacement 770, ,000 Other Carroll Manor ES: Window Replacement 224, , ,000 Brunswick HS: Pavement Repair/Overlay 900, ,000 Brunswick HS: Tennis Courts Reconstruction 440, ,000 Middletown HS: Gym Floor Replacement 200, ,000 Portable Classrooms 500, ,000 Qualified Zone Academy Bond (QZAB) Monocacy ES Terminal Units & Gym A/C - 420, ,000 Building and Site Improvements Subtotal $ 4,660,000 $ 2,970,000 $ 7,630,000 Grand Total $ 67,276,605 $ 19,984,000 $ 87,260,605 Attachment 4

7 Frederick County Public Schools Self-Insurance Fund Fiscal Year 2018 FY 2016 FY Actual Approved Recommended Operating Revenue General Fund Contribution $ 66,348,893 $ 68,702,651 $ 70,343,950 Other Funds Contribution 4,738,306 4,902,800 4,744,583 Contribution from Employees 13,491,186 14,060,687 14,879,328 Contribution from Retirees 6,466,679 7,270,637 7,817,882 Medicare Part D Subsidy 2,358,435 2,100,000 2,962,000 Subtotal $ 93,403,499 $ 97,036,775 $ 100,747,743 Nonoperating Revenue Interest Income 4,468 3,000 25,000 Use of Fund Balance - - 2,232,420 Subtotal $ 4,468 $ 3,000 $ 2,257,420 Total Revenues $ 93,407,967 $ 97,039,775 $ 103,005,163 Operating Expenses Salary and Wages $ 243,844 $ 248,721 $ 287,196 Medical Claims Paid 85,458,406 90,979,201 94,994,521 Administrative Contracts 4,871,252 4,654,305 4,772,767 Stop Loss Insurance 709, , ,000 OPEB Contribution - - 1,000,000 Transfer to GF for new retirees ,875 Wellness 9,639 50, ,000 Fixed Charges 93,403 82,585 92,804 Affordable Health Care Act Fees 376, ,245 35,000 Total Expenses $ 91,761,815 $ 97,039,775 $ 103,005,163 Excess of Revenues over Expenses $ 1,646,152 Attachment 5

8 Frederick County Public Schools Food & Nutrition Services Fund Fiscal Year 2018 FY 2016 FY 2017 FY 2018 Approved Recommended Actual Revenues Federal $ 6,829,377 $ 6,732,114 $ 7,184,655 State 303, , ,283 Charges for Services 4,421,391 4,438,710 4,720,909 Other 163,219 94,444 96,368 Subtotal $ 11,717,437 $ 11,598,579 $ 12,378,215 Nonoperating Revenue Use of Fund Balance Total Revenues $ 11,717,437 $ 11,598,579 $ 12,378,215 Operating Expenses Salaries Administrative $ 537,910 $ 502,181 $ 805,316 Schools 3,333,896 3,312,504 3,469,868 Subtotal $ 3,871,806 $ 3,814,685 $ 4,275,184 Contracted Services $ 128,321 $ 120,000 $ 100,000 Supplies and Materials Purchased Food $ 3,429,441 $ 3,176,173 $ 3,455,714 USDA Commodities & Processing 1,447,421 1,316,124 1,272,557 Other Supplies 228, , ,700 Subtotal $ 5,104,908 $ 4,688,297 $ 4,992,971 Other Employee Insurance and Benefits $ 2,593,728 $ 2,674,972 $ 2,644,400 Other 87, , ,560 Subtotal $ 2,681,553 $ 2,875,597 $ 2,848,960 Equipment $ 95,974 $ 100,000 $ 161,100 Total Operating Expenses $ 11,882,562 $ 11,598,579 $ 12,378,215 Excess of Revenues over Expenses $ (165,125) FY 2017 Prices Proposed FY 2018 Prices Elementary Breakfast $ 1.45 $ 1.45 Secondary Breakfast $ 1.70 $ 1.70 Reduced-Price Breakfast $ 0.30 $ 0.30 Elementary Lunch $ 2.25 $ 2.35 Secondary Lunch $ 2.50 $ 2.60 Reduced-Price Lunch $ 0.40 $ 0.40 Attachment 6

FREDERICK COUNTY BOARD OF EDUCATION OPERATING BUDGET - SOURCES OF FUNDS BOE ACTUAL BOE APPROVED BOE APPROVED DESCRIPTION FY 2017 FY 2018 FY 2019

FREDERICK COUNTY BOARD OF EDUCATION OPERATING BUDGET - SOURCES OF FUNDS BOE ACTUAL BOE APPROVED BOE APPROVED DESCRIPTION FY 2017 FY 2018 FY 2019 REVENUE FROM LOCAL SOURCES: Frederick County Unrestricted