Budget UNIFIED SCHOOL DISTRICT OF ANTIGO

Transcription

1 Budget UNIFIED SCHOOL DISTRICT OF ANTIGO In partnership with the community, our mission is to provide a safe and positive educational climate that will produce life-long learners, able to achieve their maximum potential and contribute responsibly to society.

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3 Table of Contents INTRODUCTION Letter from District Administrator School Board and Administration OVERVIEW OF THE BUDGET Timeline for Final Budget Adoption and Setting the Tax Levy Budget Snapshot Overview of School District Revenue Limits Revenue Limit History Graphs Overview of the Budget Fund 80 Community Service Fund Handicapped Aids/Expenditures BUDGET DETAIL Budget Breakdown General Budget Information General Fund Expenditure Detail.16 Budget Adoption WUFAR Description of Fund Dimension by Major Fund GRANTS Grants/Other Funding Highlights of Grant Programs DEBT SERVICE Prior Service Liability Explanation and Payment Schedule POST EMPLOYMENT BENEFITS TRUST FUND Post Employment Benefits Trust Fund Explanation ENROLLMENT INFORMATION Enrollment Projections Explanation Enrollment Projection Report Future Enrollments September Enrollment Enrollment Trends Special Education/All Students STAFF FTE Staff FACILITIES/MAINTENANCE School District Buildings Maintenance Projects Historical Review of Facility/Grade Configuration Changes CLARA R. MCKENNA AQUATIC CENTER Aquatic Center Budget Activity Summary TAX LEVY TAX RELATED INFORMATION Estimated Tax Levy Longitudinal Survey of Levies, Equalized Values, and Equalized Tax Rates How to Read Your Tax Statement Information

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5 Donald B. Childs, Ph.D. Interim District Administrator Karen Baker Dir. of Pupil Services Cindy Fischer Dir. of Instruction Unified School District of Antigo AMINISTRATIVE OFFICE 120 S DORR STREET, ANTIGO, WI PHONE: FAX: Tim Prunty Dir. of Business Services Tina VerHagen Human Resources Coord. Jake Leiterman Supvr. of Buildings & Grounds August, 2015 Dear Taxpaying Constituents: The Unified School District of Antigo will hold its annual budget hearing for the school year on Tuesday evening, August 25, 2015 at 7:00 p.m. in the media/technology lecture hall of the high school, adjoining the Library/Media Center. We invite you to attend to learn how the district proposes to use tax revenues to conduct the programs of the district. The recentlyadopted state budget, while restoring cuts proposed by the governor, freezes the district s allowable revenue. Given even the modest inflationary increase of 2% in costs, the restriction has required us to treat the revenue freeze as a revenue reduction. We believe we have adapted to this new reality in ways that will positively impact the instructional environment of our children. By carefully husbanding the revenues of the just-completed year, we have been able to accelerate some costs into that year. Combined with a modest draw-down of the district s fund balance, this has allowed us to present a balanced budget projection at this hearing. It is important to understand that the budget presented at the hearing is subject to modification when, in mid-october, we learn from the state what our actual allowable revenues will be, and what state aid we ll receive. The difference between the amount of total revenue and the amount of state aid will be the local levy imposed upon properties within the USDA. In the coming year, we will continue initiatives undertaken last year. These include the following: Full implementation of a uniform literacy plan for all kindergarten through 5 th -grade students; Continuation of new math curriculums, adding a new parent-support program; On-going training of teachers in literacy, data-driven decision-making, collaboration and teaming, interventions for struggling learners and enrichments and acceleration for advanced learners; Provision of Chromebooks to all incoming 9 th -graders; Implementation of a bonus-earning system for teachers; Continuation of the new teacher evaluation system. We are focusing expenditures on proven, research-based programs and instruction that show positive growth in student learning. This past year saw successes in student progress in every school in the district, and we are pledged to continue, extend and increase that growth to optimize the value derived from your tax dollars. We deeply appreciate your continued support and urge you to attend this hearing on August 25. Meanwhile, you may address any budget- or finance-related questions to Director of Business Services, Tim Prunty at (715) , Ext Sincerely, Donald B. Childs Interim Superintendent The Unified School District of Antigo does not discriminate on the basis of age, sex, race, religion, national origin, ancestry, creed, sexual orientation, pregnancy, marital and parental status, or physical, mental, emotional or learning disability. 1

6 Unified School District of Antigo AMINISTRATIVE OFFICE 120 S DORR STREET, ANTIGO, WI PHONE: FAX: The Unified School District of Antigo will prepare all students to meet or exceed state test score averages; to close the achievement gap; to be college/career ready; and to thrive in a world of constant and rapid change. School Board: Mike Boldig, President Andy Merry, Member Scott Jensema, Vice-President James Schulz, Member Jessica Meade, Clerk Jeanne Long, Member Tim Fuller, Treasurer Dr. Patrick McKenna, Member Tara Guelzow, Member Administration: Dr. Donald B. Childs, Interim District Administrator Cindy Fischer, Director of Instruction Karen Baker, Director of Pupil Services Tim Prunty, Director of Business Services Tom Zamzow, Principal - High School Anita Mattek, Associate Principal - High School Brian Misfeldt, Principal - Middle School Heather McCann, Associate Principal - Middle School Amy Dahms, Principal - Pleasant View Elementary & Instruct. Technology Coord. Glenda Davis, Principal - North Elementary Jeffery Neufeld, Principal - Spring Valley Elementary & Kindergarten Teacher Kelly Fassbender, Principal - Crestwood Elementary & K-12 Literacy Coordinator Nancy Resch, Principal - Mattoon and West Elementary Tollef Wienke, Principal - East Elementary & AIMS Coordinator Supervision: Jake Leiterman, Supervisor of Buildings and Grounds Matt Meronk, Activities Director Terry Hilger, School Nutrition Director Tina VerHagen, Coordinator of Human Resources 2

7 Overview of Budget UNIFIED SCHOOL DISTRICT OF ANTIGO 3

8 Timeline for Final Budget Adoption and Setting the Tax Levy 4

9 Budget Snapshot This budget document, incorporates many financial assumptions. These assumptions are used to ensure that revenues and expenditure projections are credible. Balance Sheet: Balanced Budget General Fund Balance Enrollment: Enrollment / Revenue Limit Formula Enrollment - Projected Head Count Open Enrollment Revenues: State General Aid Revenue Limit State Categorical Aid Topic Assumption for FY Revenues plus expenditures resulting in a balanced budget Board approved use of $100,000 Fund Balance for Middle School After-School Program. Anticipated Ending $5.5 million Decrease of 47 (1.9%) in 3-Year Rolling Average of Resident Enrollment Estimated Decrease of 64 in Projected Head Count Attending USDA Estimating 38 OE In and 110 OE Out, Net 72 OE Out Expected a slight Decrease from $14.69 million to $14.64 million Increase $0 per student with Declining Enrollment - Total Decrease of $326,489 Categorical Aid of $150 per pupil Remaining the same - $370,000 Property Tax Levy Decreasing 2.4% over Expenditures: Staffing Level Total Staffing = 301, A decrease of 4 FTE Wages & Salary General Allowance of 1.62% Health Insurance & WI Retirement System Decrease of 0% in Health Insurance Decrease in January 2016, by.2% - WRS Key Financial Statistics: General Fund Expenditures Including Grants Decrease 1.3% over actual budget and Use of Fund Balance Estimated Increase of 1.5% - Awaiting final valuations in Equalized Valuation October 2015 Tax Impact for Median Home Estimated Decrease of $34 Tax Bill on a $100,000 Home 5

10 OVERVIEW OF SCHOOL DISTRICT REVENUE LIMITS Wisconsin Act 16 implemented revenue limits beginning with the school year. The revenue limit is the maximum revenue a district may raise through state general aid and property tax. The limit is based upon enrollment changes, the Consumer Price Index, and each district s prior year controlled revenue. A district determines the maximum allowable levy by subtracting the general aid estimate provided by the Department of Public Instruction in October from the revenue limit. Although there have been many different funding proposals to the legislature this year, revenue caps will remain intact for this biennium. There are four basic steps in calculating a school district s revenue limit: The first step in determining a school district s revenue limit is to determine the previous year s base. The revenue base is calculated by adding the general aids received and local levy. This number is then divided by an average of the district s most recent three September membership totals, excluding the current year for which the limit is being calculated. The result is a revenue base per member amount. Step two determines a new three-year membership average. The last two September membership counts and the current year September count are averaged. Starting in 1998, districts could include 20% of their summer school membership in the average. This number is added to the September membership count and included in the three-year average. In 2000, districts could include 40% of their summer school membership. The third step is to add the allowable per member increase to the revenue base per member amount calculated in step one. The allowable per member increase is determined by the legislature. The per pupil increase for and was set at $200. The per pupil amount for was previously in law to increase by $275 per student. However, with the passage of the state budget, the District s per pupil amount was decreased by $ per student for Revenue behind each student dropped from $9, to $9, per student. For , the per pupil amount increased $50 per student to $9, For , the per pupil amount increased by $75 per student to $9, In , the per pupil amount again increased by $75 per student to $9, In , the per pupil amount remained the same. Step four is the final step in determining the revenue limit. The maximum allowable revenue per member is multiplied by the new three-year average. Since the revenue cap is driven by enrollment, districts with declining enrollment experienced significant problems in meeting the financial needs of their district. 6

11 REVENUE LIMIT HISTORY 7

12 OVERVIEW OF THE BUDGET Revenue Highlights Property Tax The local property tax levy is anticipated to decrease by $227,229 or 2.4%. The tax rate is estimated to decrease by 3.8% or $.34/$1,000 of equalized valuation. This is based on an estimation of 1.5% increase in equalized valuation. Equalization Aid (General School Aids) Equalization aid is the amount of money that is provided by the state in support of K-12 public education. General aid estimates provided by the Department of Public Instruction (DPI) on July 1 st indicate that 234 of the state s 424 public school districts (55%) will receive less state general school aid for school year than they did in the school year. Of the remaining districts, 188 (45%) will receive increases, and 2 districts will see no change. Correspondingly, equalization aid for the Unified School District of Antigo is projected to decrease by approximately $48,997 or.34%. The figures released by DPI are based on budgeted numbers. The DPI will provide final equalization aid information in October 2015 after completion of the audits of all districts. Revenue Limit The revenue limit is the amount of money that the State statutorily restricts on the per pupil amount of increase in property tax levy, and state aid, in one year. Legislative action kept the allowable revenue limit per member the same for the first year of the biennium budget. Because of declining enrollment, this results in a projected decrease of $326,489 and keeps the per pupil amount remaining the same at $9, per pupil. Per Pupil Categorical Aid The state budget act provides for state categorical aid payments to each district of $150 per pupil in and $250 per pupil in Calling this per pupil payment a categorical aid simply means that it is received outside the revenue cap (as distinguished from general aid, which is under the revenue cap). Thus, the categorical aid may be spent irrespective of the district s revenue limit. Even though it is labeled as a categorical aid, this money is not tied to any specific student population or program and can be used for any purpose. This amount is estimated at $370,000 for Final revenue numbers will be reevaluated before the final budget and levy are set in October. The revenue budget is based on the revenue cap projection using a three-year average enrollment of 2,460. The average enrollment was 2,507. Factors that could change the total revenue projection in October are: 8

13 1. September membership count - part of the revenue cap calculation 2. Equalization Aid - dependent on the final actual budget costs statewide 3. Approval and/or disapproval of grants and grant awards 4. Transfer of service exemption claims from other school districts 5. Transfer of service exemptions received by the Antigo School District 6. Actual attendance of open enrollment students Transportation Aid Changes were made in the law in regard to transportation aid which provides that the reimbursement rate for pupils transported over 12 miles between home and school be increased from $275 to $300 per pupil beginning with the school year. $7,500,000 annually is provided in the state budget for a high cost transportation categorical aid program to reimburse transportation costs that exceed 150% of the statewide average per member. The Antigo School District will qualify for this additional aid. The amount has not yet been determined for In , the District received $21,354. Expenditure Highlights Additions to Budget 1. $215,000 for Maintenance Projects. 2. $167,000 for technology replacement and continuation of Chromebook initiative. 3. Staffing Changes: * Increased Elementary Principal to full time position at North. 4. Entered in to a partnership with North Central Technical College for Business Ed classes. 5. Capital Equipment dollars available for replacement of instructional equipment. 6. Allocated dollars for professional development for staff. 8. Included dollars for continued curriculum replacement. 9. Allocated dollars for staff salary increase, allowed under State law on base wages. Savings in Budget 1. Replacement of 16 retirees. (Teachers and Administrators) * Savings of approximately $210,000. * Eliminated 4.4 FTE Teachers 2. 0% increase in both Health and Dental Insurance. 9

14 Fund 80 Community Service Fund This fund is for community service activities and programs outside the District s regular programs for students. This Fund is used for the community Aquatic Center. The expenditures for the Aquatic Center are offset by revenues generated through user/membership fees, rentals, class offerings, and donations. The budget for for the Aquatic Center is included in the Aquatic Center section (page 46) of this document along with an Activity Summary from July 1, 2014 through June 30, 2015 (page 47). The School District contributes $60,000 for their day time instructional use of the pool. The City of Antigo s $60,000 yearly contribution has been replaced with a Fund 80 levy. For , the Community Service Levy will be increased by $50,000 to $270,000 for community use of the Aquatic Center operation. Through the generous donations from local foundations, businesses, and community members, over $95,500 was donated to replace the pool heaters, install an under water sound system, and assist with operational costs. 10

15 Handicapped Aids/Expenditures School Years / Percent Handicapped Aids Prior Year Expenditures / 36-44% $1,245,866 $2,802, / 34-42% $1,166,005 $2,770, / 32-40% $1,142,973 $2,870, / 30-37% $1,134,317 $3,052, / 28-34% $1,105,350 $3,184, / 34% $1,136,914 $3,311, / 35.8% $1,257,060 $3,512, / 33% $1,264,274 $3,612, /32% $1,207,521 $3,788, /30% $1,242,547 $4,090, /30% $1,208,662 $4,034, /28.8% $1,239,433 $4,297, /28.6% $1,239,379 $4,325, /28.8% $1,254,276 $4,352, /28.7% $1,263,944 $4,405, /27.9% $1,229,426 $4,413, /28.1% $1,175,425 $4,186, /26.6% $1,181,504 $4,443, /27.74% $1,169,285 $4,257, /25.3% $1,119,875 $4,132, /26.79% $1,110,091 $3,762,476 Est /26.37% $999,540 $4,001,030 11

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17 Budget Detail UNIFIED SCHOOL DISTRICT OF ANTIGO 13

18 BUDGET BREAKDOWN WHERE THE MONEY COMES FROM GENERAL FUND REVENUE SOURCES Wisconsin public school districts derive their revenue through four major sources: 1) state aid; 2) property tax; 3) federal aid; and 4) other local non-property tax revenues (such as fees, interest earnings, and rental income). The Antigo School District receives general state aid. Under current law, there is a limit on the annual amount of revenue each school district can raise through the combination of general state aid, computer aid and property taxes. Fund Balance: The Board of Education authorized a $100,000 use of Fund Balance for continuation of the Middle School After-School Program. The Antigo School District revenue for the budget comes from the following main sources: Federal Sources 4.4% Other Sources 0.4% Local Sources 32.0% Payments from other Districts 1.0% State Sources 61.4% Fund Balance 0.8% HOW THE FUNDS ARE SPENT GENERAL FUND EXPENDITURES The Antigo School District general fund operating expenditures are comprised of the following six major objects; Salaries; Benefits; Purchased Services; Non-Capital Objects; Capital Objects; and Miscellaneous expenses. Non-Capital Objects 3.7% Purchased Services 17.4% Benefits 25.9% Capital Objects 2.0% Miscellaneous 1.2% Salaries 49.8% Salaries/Benefits: Approximately seventy-five and a half percent of our operational budget is allocated for employees salaries and benefits. In addition to teachers, administrators and support staff, compensation for substitute teachers, student workers, coaches/ advisors for extra-curricular activities, curriculum and staff development and early retirement benefits are also included in this figure. Purchased Services: This includes: 1) services performed by individuals other than district employees for such things as audit, legal, pupil transportation, open enrollment payments to other districts, and speakers/consultants; or 2) property-related services such as maintenance projects, utilities, and communications. Non-Capital Objects: This area includes general instructional materials, library books, textbooks, workbooks, and computer software. Capital Objects: This area includes instructional equipment and furniture, computer equipment, and maintenance equipment. 14

19 $220,000 *Community $320,000 *Community $320,000 *Community $320,000 *Community $320,000 *Community $320,000 *Community $320,000 *Community $220,000 *Community $220,000 *Community General Budget Information YEAR MILL % TAX % EQUALIZATION % F.T.E. GENERAL % NOTES RATE INCREASE VALUATION LEVY CHANGE AIDS INCREASE ENROLLMENT FUND BUDGET INCREASE $ % $985,731,514 $7,596, % $17,431, % 2,691 $26,500, % -Without Grants $838,775 *Debt $8,654,988 $28,776, % -With Grants $ % $1,046,617,035 $6,591, % $17,699, % 2,649 $26,640, % -Without Grants $1,383,783 *Debt $8,294,988 $28,962, % -With Grants $ % $1,073,844,364 $6,830, % $17,773, % 2,578 $25,676, % -Without Grants $1,122,404 *Debt $8,272,563 $27,841, % -With Grants $ % $1,086,817,644 $8,087, % $16,720, % 2,550 $25,694, % -Without Grants $622,780 *Debt $9,030,213 $28,793, % -With Grants $ % $1,072,958,234 $8,554, % $16,435, % 2,566 $25,925, % -Without Grants $629,795 *Debt $9,503,942 $29,013, % -With Grants $ % $1,062,639,510 $8,461, % $14,795, % 2,583 $24,638, % -Without Grants $1,036,950 *Debt $9,818,170 $27,111, % -With Grants $ % $1,058,034,613 $8,083, % $15,305, % 2,550 $24,408, % -Without Grants $8,403,616 $26,514, % -With Grants $ % $1,061,506,239 $8,848, % $14,767, % 2,491 $24,868, % -Without Grants $9,068,472 $26,448, % -With Grants $ % $1,050,135,142 $9,166, % $14,685, % 2,432 $25,486, % -Without Grants $9,386,162 $27,365, % -With Grants $ % $1,065,887,169 $8,888, % $14,636, % 2,406 $24,817, % -Without Grants Estimated $270,000 *Community $9,158,993 $26,523, % -With Grants 15

20 General Fund Expenditure Detail FUND 10-GENERAL FUND BUDGET UNDIFFERENTIATED CURRICULUM $4,173,566 REGULAR CURRICULUM $4,650,539 VOCATIONAL CURRICULUM $827,164 PHYSICAL CURRICULUM $662,033 CO-CURRICULAR ACTIVITIES $481,470 OTHER SPECIAL NEEDS $9,433 PUPIL SERVICES $679,580 INSTRUCTIONAL STAFF SERVICES $1,273,516 GENERAL ADMINISTRATION $465,325 SCHOOL BUILDING ADMINISTRATION $1,929,571 DIRECTION OF BUSINESS $130,905 FISCAL $466,064 OPERATION $1,947,673 MAINTENANCE $1,006,969 FACILITY ACQUISITION/REMODELING $273,413 PUPIL TRANSPORTATION $1,397,310 CENTRAL SERVICES $41,200 INSURANCE & JUDGEMENTS $259,000 SHORT TERM INTEREST $25,000 OTHER SUPPORT SERVICES $212,708 INTERFUND OPERATING TRANSFER-FUND 27 $2,963,234 NON-PROGRAM TRANSACTIONS $941,765 TOTAL GENERAL FUND(FUND 10) Sub Total $24,817,438 FUND 11-TITLE 1 $639,617 FUND 13-GRANTS & OTHER FUNDING $1,041,430 FUND 16-CARL PERKINS GRANT $24,812 GRAND TOTAL FUNDS $26,523,297 16

21 GENERAL FUND (FUND 10) BUDGET ADOPTION Audited Unaudited Budget Beginning Fund Balance (Account ) $5,717,484 $5,863,939 $5,747,991 Ending Fund Balance, Nonspendable (Acct ) $0 $0 $0 Ending Fund Balance, Restricted (Acct ) $0 $0 $0 Ending Fund Balance, Committed (Acct ) $0 $0 $0 Ending Fund Balance, Assigned (Acct ) $507,882 $234,908 $0 Ending Fund Balance, Unassigned (Acct ) $5,356,057 $5,513,083 $5,513,083 TOTAL ENDING FUND BALANCE (ACCT ) $5,863,939 $5,747,991 $5,513,083 REVENUES & OTHER FINANCING SOURCES 100 Transfers-in $0 $344 $0 Local Sources 210 Taxes $8,607,757 $8,916,019 $8,632, Payments for Services $300 $460 $0 260 Non-Capital Sales $3,384 $43,979 $47, School Activity Income $48,988 $43,225 $41, Interest on Investments $13,073 $13,720 $15, Other Revenue, Local Sources $114,835 $116,813 $102,500 Subtotal Local Sources $8,788,337 $9,134,216 $8,839,094 Other School Districts Within Wisconsin 310 Transit of Aids $0 $0 $0 340 Payments for Services $243,541 $240,270 $278, Medical Service Reimbursements $0 $0 $0 390 Other Inter-district, Within Wisconsin $0 $0 $0 Subtotal Other School Districts within Wisconsin $243,541 $240,270 $278,500 Other School Districts Outside Wisconsin 440 Payments for Services $0 $0 $0 490 Other Inter-district, Outside Wisconsin $0 $0 $0 Subtotal Other School Districts Outside Wisconsin $0 $0 $0 Intermediate Sources 510 Transit of Aids $9,894 $26,957 $0 530 Payments for Services from CCDEB $0 $0 $0 540 Payments for Services from CESA $0 $0 $0 580 Medical Services Reimbursement $0 $0 $0 590 Other Intermediate Sources $0 $0 $0 Subtotal Intermediate Sources $9,894 $26,957 $0 State Sources 610 State Aid -- Categorical $452,615 $632,309 $578, State Aid -- General $14,918,373 $14,836,217 $14,787, DPI Special Project Grants $29,880 $58,760 $0 640 Payments for Services $0 $0 $0 650 Student Achievement Guarantee in Education (SAGE Grant) $616,285 $569,108 $566, Other State Revenue Through Local Units $19,395 $23,786 $15, Other Revenue $29,376 $29,685 $16,458 Subtotal State Sources $16,065,924 $16,149,865 $15,962,694 Federal Sources 710 Transit of Aids $24,819 $26,084 $24, Impact Aid $0 $0 $0 730 DPI Special Project Grants $261,565 $273,558 $310, IASA Grants $574,472 $602,271 $639, JTPA $0 $0 $0 770 Other Federal Revenue Through Local Units $0 $0 $0 780 Other Federal Revenue Through State $341,620 $206,009 $145, Other Federal Revenue - Direct $0 $0 $0 Subtotal Federal Sources $1,202,476 $1,107,922 $1,120,101

22 Other Financing Sources 850 Reorganization Settlement $0 $0 $0 860 Compensation, Fixed Assets $2,508 $1,488 $0 870 Long-Term Obligations $0 $0 $0 Subtotal Other Financing Sources $2,508 $1,488 $0 Other Revenues 960 Adjustments $66,812 $6,750 $0 970 Refund of Disbursement $192,187 $85,055 $85, Medical Service Reimbursement $0 $0 $0 990 Miscellaneous $10,483 $9,882 $3,000 Subtotal Other Revenues $269,482 $101,687 $88,000 TOTAL REVENUES & OTHER FINANCING SOURCES $26,582,161 $26,762,748 $26,288,389 Designated (to)/from Fund Balance ($146,455) $115,948 $234,908 TOTAL REVENUES $26,435,706 $26,878,696 $26,523,297 EXPENDITURES & OTHER FINANCING USES Instruction Undifferentiated Curriculum $5,209,771 $5,274,749 $4,951, Regular Curriculum $5,232,788 $5,166,956 $5,206, Vocational Curriculum $843,137 $928,513 $879, Physical Curriculum $724,353 $703,360 $662, Co-Curricular Activities $393,740 $448,021 $482, Other Special Needs $7,145 $4,282 $9,433 Subtotal Instruction $12,410,933 $12,525,880 $12,192,466 Support Sources Pupil Services $540,891 $697,594 $746, Instructional Staff Services $1,266,484 $1,498,642 $1,471, General Administration $423,042 $453,379 $465, School Building Administration $1,671,239 $1,785,349 $1,929, Business Administration $5,737,441 $5,726,158 $5,266, Central Services $53,507 $32,650 $41, Insurance & Judgments $201,706 $213,930 $259, Debt Services $21,075 $17,563 $25, Other Support Services $253,905 $461,780 $220,784 Subtotal Support Sources $10,169,290 $10,887,045 $10,425,832 Non-Program Transactions Inter-fund Transfers $3,010,162 $2,696,079 $2,963, Instructional Service Payments $845,123 $769,234 $941, Other Non-Program Transactions $198 $457 $0 Subtotal Non-Program Transactions $3,855,483 $3,465,770 $3,904,999 TOTAL EXPENDITURES & OTHER FINANCING USES $26,435,706 $26,878,696 $26,523,297 SPECIAL PROJECT FUNDS (FUNDS 21, 23, 27, 29) Audited Unaudited Budget Beginning Fund Balance $70,927 $94,281 $75, Ending Fund Balance $94,281 $75,907 $22,593 TOTAL REVENUES & OTHER FINANCING SOURCES $4,978,543 $4,677,993 $4,863, Instruction $3,703,652 $3,503,094 $3,655, Support Services $1,226,799 $1,160,902 $1,161, Non-Program Transactions $24,737 $32,371 $100,969 TOTAL EXPENDITURES & OTHER FINANCING USES $4,955,189 $4,696,367 $4,917,291 18

23 Audited Unaudited Budget DEBT SERVICE FUND (FUNDS 38, 39) Beginning Fund Balance $30,032 $29,356 $28, ENDING FUND BALANCES $29,356 $28,058 $26,777 TOTAL REVENUES & OTHER FINANCING SOURCES $244,981 $253,316 $261, Long-Term Capital Debt $0 $0 $ Refinancing $0 $0 $ Operational Debt $0 $0 $ Post Employment Benefit Debt $245,658 $254,270 $262, Other Long-Term General Obligation Debt $0 $0 $ Non-Program Transactions $0 $344 $0 TOTAL EXPENDITURES & OTHER FINANCING USES $245,658 $254,614 $262, INDEBTEDNESS, END OF YEAR $2,570,000 $2,375,000 $2,170,000 Audited Unaudited Budget CAPITAL PROJECTS FUND (FUNDS 41, 46, 48, 49) Beginning Fund Balance $149,110 $0 $ Ending Fund Balance $0 $0 $0 TOTAL REVENUES & OTHER FINANCING SOURCES $404,208 $0 $ Instructional Services $0 $0 $ Support Services $553,318 $0 $ Community Services $0 $0 $ Non-Program Transactions $0 $0 $0 TOTAL EXPENDITURES & OTHER FINANCING USES $553,318 $0 $0 Audited Unaudited Budget FOOD SERVICE FUND (FUND 50) Beginning Fund Balance $76,566 $117,544 $109, ENDING FUND BALANCE $117,544 $109,501 $109,501 TOTAL REVENUES & OTHER FINANCING SOURCES $1,222,800 $1,237,012 $1,214, Support Services $1,181,821 $1,245,030 $1,214, Non-Program Transactions $0 $25 $0 TOTAL EXPENDITURES & OTHER FINANCING USES $1,181,821 $1,245,055 $1,214,363 Audited Unaudited Budget COMMUNITY SERVICE FUND (FUND 80) Beginning Fund Balance $74,360 $23,700 $2, ENDING FUND BALANCE $23,700 $2,398 $0 TOTAL REVENUES & OTHER FINANCING SOURCES $373,353 $438,003 $460, Support Services $167,984 $241,540 $220, Community Services $256,029 $217,764 $242, Non-Program Transactions $0 $0 $0 TOTAL EXPENDITURES & OTHER FINANCING USES $424,013 $459,305 $463,300 ALL FUNDS Total Expenditures and Other Financing Uses Audited Unaudited Budget GROSS TOTAL EXPENDITURES -- ALL FUNDS $33,795,705 $33,534,036 $33,380,571 Interfund Transfers (Source 100) - ALL FUNDS $3,010,162 $2,696,079 $2,963,234 Refinancing Expenditures (FUND 30) $0 $0 $0 NET TOTAL EXPENDITURES -- ALL FUNDS $30,785,543 $30,837,957 $30,417,337 PERCENTAGE INCREASE NET TOTAL FUND EXPENDITURES FROM PRIOR YEAR 0.17% -1.36% PROPOSED PROPERTY TAX LEVY Audited Unaudited Budget FUND General Fund $8,603,508 $8,912,867 $8,627,894 Referendum Debt Service Fund $0 $0 $0 Non-Referendum Debt Service Fund $244,964 $253,295 $261,039 Capital Expansion Fund $0 $0 $0 Community Service Fund $220,000 $220,000 $270,000 TOTAL SCHOOL LEVY $9,068,472 $9,386,162 $9,158,933 PERCENTAGE INCREASE -- TOTAL LEVY FROM PRIOR YEAR 3.50% -2.42%

24 WISCONSIN UNIFORM FINANCIAL ACCOUNTING REQUIREMENTS (WUFAR) by Fund, Function, Object DESCRIPTION OF FUND DIMENSION BY MAJOR FUND The implementation of fund accounting started in , and has been revised annually. A fund is an accounting entity consisting of a self-balancing set of asset, liability, and equity accounts used to account for the district s financial transactions in accordance with laws, regulations, or restrictions. The Department of Public Instruction requires reporting of various revenues and expenditures within specified funds. 10 GENERAL FUND The General Fund is used to account for all financial transactions relating to the district s current operations, except for those required to be accounted for in other funds. 20 SPECIAL PROJECTS FUND 21 Special Revenue Trust Fund This fund is used to account for trust funds that can be used for district operations. The source of such funds is gifts and donations from private parties. Cash and investments in this fund are expended pursuant to donor specifications. There may be a fund balance in this fund. 27 Special Education Fund This fund is used to account for the excess cost of providing special education and related services for students with disabilities during the regular school year or extended school year. Also included are charges for services provided to other districts as a result of being a host district for a special education package or cooperative program. School Age Parent costs are also charged to this Fund. No fund balance or deficit can exist in this fund. 30 DEBT SERVICE FUND 38 Non-Referendum Debt Service Fund This fund is used to account for transactions for the repayment of debt issues that were either: not authorized by school board resolution before August 12, 1993, or incurred without referendum approval after that date. A fund balance may exist in this fund. 39 Referendum Approved Debt Service Fund This fund is used to account for transactions for the repayment of debt issues that were either: authorized by school board resolution before August 12, 1993, or approved by referendum. A fund balance may exist in this fund. 40 CAPITAL PROJECTS FUND This fund is used to account for expenditures financed through the use of bonds, promissory notes issued per statute 67.12(12), state trust fund loans, land contracts, an expansion fund tax levy established per statute (10m). As permitted, a capital project fund may also be used to record capital lease transactions involving a letter of credit or where use of the lease proceeds extends beyond the fiscal year end. 20

25 Capital projects funded through other sources of revenue such as gifts, grants, sale of capital objects, etc. may be accounted for in these funds depending on the circumstances. Any balance remaining in a subfund established with borrowing proceeds must be transferred to the related debt service fund account upon project completion. 50 FOOD SERVICE FUND All revenues and expenditures related to pupil and elderly food service activities are recorded in this fund. A fund balance in the Food Service Fund is permitted. There may be no deficit in the district s Food Service Fund. Any food service fund deficit, resulting from student food services, must be eliminated by an operating transfer from the General Fund. Any food service fund deficit, resulting from elderly food services, must be eliminated by a transfer from the district s Community Service Fund. The maximum that may be transferred if the district does not have a deficit in the Food Service Fund is limited to an amount necessary to cover a current year deficit in a particular food service program (National School Lunch, Breakfast, Ala Carte, etc.) 60 AGENCY FUND (PUPIL ACTIVITY) The Agency Fund is used to account for assets held by the district for pupil organizations. This fund is treated only as balance sheet accounts in the school district s accounting system. However, records of revenues and expenditures must be maintained in auxiliary accounts at locations administering the accounts. Pupil organizations accounted for in this fund may give money to the district. It is recorded as a gift in the receiving fund. 70 TRUST FUND These funds are used for assets held by the district in a trustee capacity for individuals, private organizations, other governments, and/or other funds Private Benefit Trust Fund This fund is used to account for gifts and donations specified for the benefit of private individuals and organizations not under the control of the school board. Scholarships are recorded in this fund. Cash and investment accounts in this fund are expended pursuant to donor specifications. There may be a fund balance in this fund Employee Benefit Trust Fund This fund is used to account for resources held in trust for formally established defined benefit pension plans, defined contribution plans, or employee benefit plans. Such plans must be legally established in accordance with state statutes, federal laws and Internal Revenue Service requirements. Specific requirements for use of this fund have been established by the Department of Public Instruction. This fund applies to all post-employment benefit plans where the district is providing such benefits by contribution to a legally established irrevocable trust. 21

26 80 COMMUNITY SERVICE FUND This fund is used to account for activities such as adult education, community recreation programs, elderly food service programs, non-special education preschool, day care services, and other programs which are not elementary and secondary educational programs but have the primary function of serving the community. Actual, additional expenditures for these activities, including cost allocations for salaries, benefits, travel, purchased services, etc. are to be included in this Fund to the extent feasible. The district may adopt a separate tax levy for this Fund. Statute (19) permits a school board to establish and maintain community education, training, recreational, cultural or athletic programs and services, outside regular curricular and extracurricular programs for pupils, under such terms and conditions as the school board prescribes. The school board may establish and collect fees to cover all or part of the costs of such programs and services. Access to Community Service Fund activities cannot be limited to pupils enrolled in the district s K-12 education programs. 22

27 Grants UNIFIED SCHOOL DISTRICT OF ANTIGO 23

28 GRANT NAME GRANTS / OTHER FUNDING GRANT AWARD CARRYOVER GRANT TOTAL 21st CCLC - Middle School - Year 5 (CarryOver) $0 $37,303 $37,303 AHS Band Fund $0 $1,748 $1,748 AHS Engineering Design Class $0 $597 $597 AHS Fieldhouse $0 $2,960 $2,960 AHS Girls Hockey $4,000 $0 $4,000 AHS Swim team $8,877 $1,758 $10,635 Athletic Fund $0 $700 $700 Athletic Program Donation $0 $24,754 $24,754 Babies 1st Books $3,000 $688 $3,688 Career Pathways Grant $0 $8,709 $8,709 Career & Technical Education (CTE) Incentive Grant - Act 59 $0 $29,000 $29,000 Carl Perkins $24,812 $0 $24,812 Dave Brandt Youth Football Donations $0 $8,839 $8,839 Educator Effectiveness Grant $15,760 $0 $15,760 Fill-A-Backpack $200 $2,276 $2,476 Foster Grandparent $26,671 $0 $26,671 Gymnastics $0 $1,050 $1,050 Healthy Kids Bright Kids - Community Health Foundation Grant $0 $875 $875 IDEA - CEIS $0 $3,866 $3,866 IDEA Flow Through $581,353 $120,014 $701,367 IDEA Preschool Entitlement $22,123 $15,316 $37,439 PBIS - District $0 $99 $99 PBIS - High School $0 $216 $216 Red Robin Machining $2,500 $5,411 $7,911 SAGE - East $112,000 $7,976 $119,976 SAGE - Mattoon $50,000 $5,022 $55,022 SAGE - North $224,000 $20,166 $244,166 SAGE - West $180,000 $19,260 $199,260 School Forest $0 $34,115 $34,115 Sheldon Donation $0 $2,513 $2,513 SOARING (RSN) Grants (East, Mattoon, Middle School) $22,500 $0 $22,500 Title I-A $590,193 $49,424 $639,617 Title II-A Teacher/Principal Training $163,094 $106,088 $269,182 Volleyball Net Fund $0 $972 $972 Walmart Foundation - Summer School $0 $170 $170 WI State Honors Scholarships (Donation) $0 $1,000 $1,000 Woodlinks $0 $250 $250 Youth Apprenticeship $0 $4,588 $4,588 TOTAL $2,031,083 $517,723 $2,548,806 24

29 HIGHLIGHTS OF GRANT PROGRAMS A. SAGE For seventeen years the District has received State funding through SAGE (Student Achievement Guarantee in Education). SAGE is intended to reduce K-3 class sizes to no more than eighteen students in schools with large numbers of low income children. The program originally focused on boosting student achievement in districts which had at least one school where 50% of the students were eligible for free or reduced-price lunch, and at least 30% of the students in the participating school met the poverty threshold. Mattoon Elementary and North Elementary were the first two schools involved in this program, beginning with the school year. Then in the school year, the SAGE program was expanded to more schools to reduce class size: Crestwood Elementary, East Elementary, Pleasant View Elementary, Spring Valley Elementary, and West Elementary. Since the school year, SAGE supports programming at East, Mattoon, North, and West Elementary schools B. ELEMENTARY AND SECONDARY EDUCATION ACT ALSO KNOWN AS NO CHILD LEFT BEHIND (NCLB) ESEA/IASA/NCLB - ESEA is the Elementary and Secondary Education Act inclusive of IASA or Improving America s School Act of In December of 2001 the IASA was reauthorized and renamed No Child Left Behind Act (NCLB). IASA set the stage for the NCLB Act which requires states to set standards for their children in reading and mathematics. It was hoped that states would set standards for all of their children, but they at least had to establish standards for their Title I students. In practice, many states and Local Educational Agencies (LEAs) did not meet the letter of the law. The NCLB legislation of 2001 has additional requirements and also specific corrective actions if schools do not meet Adequate Yearly Progress (AYP). Over twenty years of research and the experiences of creative practitioners have contributed to the U. S. Department of Education s reform legislation for education. That legislation created NCLB to provide financial support to schools so they can bring about reform within an area of tight budgets. The following programs are funded to the Unified School District of Antigo through the NCLB federal monies: TITLE I - Improving the Academic Achievement of the Disadvantaged Helps eligible children identified as having the greatest need for special assistance to meet high content/learning standards. Title I s supplemental support is provided primarily for teaching reading in schools targeted because of high incidence of low-income families. Funds are used to pay for staff salaries, training, materials, equipment, and instructional supplies to meet program goals. School-wide efforts infuse the additional services throughout total educational programs. Great emphasis is placed on parent/family activity and involvement in education. 25

30 TITLE II PART A - Improving Teacher Quality The District receives funding through the ESEA Title II-A Grant, previously known as the Federal Class Size Reduction Program. This program is an initiative to help schools improve student learning by hiring additional, highly-qualified teachers so that children in the elementary grades can attend smaller classes. Teachers funded by Title II-A funds will help meet the 18:1 student-to-teacher ratio in grades K-3 and reasonable class sizes in other grades. Funds also support sustained intensive, high-quality professional development tied to ensuring that students meet challenging state academic standards. Most of the funds focus on teacher improvement efforts based upon plans developed by school districts and schools. Funds may be used for workshops, seminars, conventions, site visits, and networks. C. E-RATE The Universal Service Fund, popularly known as the E-rate, was created as part of the Telecommunications Act of 1996 to ensure that all eligible schools and libraries in the United States have affordable access to modern telecommunications and information services. All public and private, non-profit K-12 schools and libraries qualify for the fund according to their level of economic disadvantage (based on percentage of students eligible for the national school lunch program) and their location, rural or urban. The fund is set up to make telecommunications affordable for every school and library. If it qualifies, a school or library will receive a discount of 20% to 90% on telecommunications services, internal connections, and Internet access. The Unified School District of Antigo receives a 70% discount. Universal Service Fund discounts can be applied to a school or library s internal connections, telecommunications services, and Internet access. This year, , the District will receive discounts of approximately $65,000. D. IDEA On April 5, 2006 Governor Doyle signed into law ACT 25B which conforms Wisconsin special education law to the requirements of the IDEA act of Under this law, students identified with special education needs are provided services as directed by their Individualized Education Plans. Students are provided their services to the extent possible in their home attendance schools. The federal and state special education laws ensure that the rights of children with disabilities are protected. Funds under the Individuals with Disabilities Education Act are provided to school districts on an entitlement basis for programs and services to children with disabilities. Part B flow-through provides funds for special education services to children ages Funds may be used for staffing, educational materials, equipment, and other costs to provide special education and related services, as well as supplementary aids and services, to children with disabilities. 26

31 E. CARL PERKINS The Carl D. Perkins Career and Technical Education Improvement Act of 2006 provides federal assistance to secondary and post-secondary career and technical education programs. The purpose of the Carl Perkins program is to develop more fully the academic, vocational, and technical skills of high school students who elect to enroll in career and technical education programs. These federal funds are used to promote the development of services and activities that integrate academic, vocational, and technical instruction into the curriculum, especially by work-based learning experiences. The Antigo School District will be using Carl Perkins funds to increase school/business partnerships and expand work-based learning. F. FOSTER GRANDPARENT PROGRAM GRANT Through the Wisconsin Department of Health and Family Services, this grant awarded the school district $60,287 for The Foster Grandparent Program matches high needs students with trained mentors aged 55 or over. Foster Grandparents work with students either one-on-one or in small groups to help them read, provide tutoring and support. The district uses the funding to provide a nominal stipend to eligible Foster Grandparents, reimburse mileage expenses, training and program supervision. The District has approximately 15 Foster Grandparents serving students in grades PK-5. 27

32 28

33 Debt Service UNIFIED SCHOOL DISTRICT OF ANTIGO 29

34 PRIOR SERVICE LIABILITY In September of 2004, the District obtained a $3.2 million loan from the State Trust Fund to pay the District s prior service liability to the Wisconsin Retirement System. Previously, 1.3% of salaries were paid to the retirement system for this purpose. Interest is assessed at the assumed long-term retirement investment earnings rate on the outstanding balance of the liability at the end of each calendar year. The assumed rate applied to each employer s prior service outstanding balance is 8.0%. The interest that is charged on the prior service liability each year is greater than the payments made. The prior service contribution rates are based on a level percentage of payroll over a 40-year amortization period. This means that the contribution rate will remain constant, but the actual contributions will increase each year as the salaries of covered employees increase. Through this financing, the District will reduce future payments by $8 million by obtaining a lower interest cost of 5.25% and total payment in 20 years. The payment schedule follows. In 2012, this debt was refinanced and restructured to offer flexibility to the District as this payment (non-referendum debt) is part of the revenue limit. Wisconsin Retirement System Payment Schedule FISCAL PRINCIPAL INTEREST TOTAL BALANCE YEAR PAYMENT $205, $56, $261, $2,170, $250, $52, $302, $1,920, $255, $48, $303, $1,665, $260, $43, $303, $1,405, $265, $37, $302, $1,140, $270, $31, $301, $870, $280, $23, $303, $590, $290, $14, $304, $300, $300, $4, $304, $0.00 Totals $2,375, $313, $2,688,

35 Post Employment Benefits Trust Fund UNIFIED SCHOOL DISTRICT OF ANTIGO 31

36 EMPLOYEE BENEFIT TRUST FOR OTHER POST EMPLOYMENT BENEFITS (OPEB) In , an Employee Benefit Trust was created. This was a result of Governmental Accounting Standards Board Statement 45 that requires school districts to provide more complete and reliable financial reporting regarding post employment benefits for their employees. The statement addresses the costs and future obligations incurred when post employment benefits such as health insurance are provided for retirees. The District was required to determine the OPEB liability for financial reporting through an actuarial valuation. The actuarial valuation determined the present value of future post-retirement health insurance benefits for current employees and retirees. A school district may choose to continue payment of post employment benefits from current year operating funds or establish an Employee Benefit Trust. Contributions can be made to the Trust to pay for future post employment benefits. The contribution is eligible for both equalization aids and categorical aids. Wisconsin Act 99 allows greater latitude in investing funds held in trust which may result in long-term investments with a higher investment return. Although the District will generally pay for this employee benefit with current year operating funds, when funds at the end of the fiscal year are unspent, consideration will be given to contribute to the Trust Fund in order to work towards funding this future liability. The current value of the Trust, as of 6/30/15, was $1,277,549. In , the Board revised the OPEB benefit for both teachers and support staff thereby significantly reducing their long-term liability for this benefit. The benefit was changed from a defined benefit plan to a defined contributions plan for teachers and was eliminated after for support staff. 32

37 Enrollment Information UNIFIED SCHOOL DISTRICT OF ANTIGO Enrollment Projections The District s enrollment has been in a steady decline for the past twenty years. Several pieces of data are included in this section: 1. An enrollment projection completed by District personnel. (Page 34) 2. Future Enrollments Live births per township. (Page 35) 3. History of September enrollment. (Page 36) 4. Enrollment Trends Special Education/All Students. (Page 37) 33

38 Unified School District of Antigo Estimated Enrollment Projections as of July 2015 Students Attending our District Year RVA 4K K Total 4K K Estimated 34

39 Future Enrollments MUNICIPALITY BIRTHS BIRTHS BIRTHS BIRTHS BIRTHS BIRTHS BIRTHS 7/1/08-6/30/09 7/1/09-6/30/10 7/1/10-6/30/11 7/1/11-6/30/12 7/1/12-6/30/13 7/1/13-6/30/14 7/1/14-6/30/15 CITY OF ANTIGO ** TOWN OF ACKLEY TOWN OF ANTIGO * TOWN OF LANGLADE TOWN OF NEVA TOWN OF NORWOOD TOWN OF PECK TOWN OF POLAR TOWN OF PRICE TOWN OF ROLLING TOWN OF SUMMIT TOWN OF UPHAM TOWN OF VILAS TOWN OF HARRISON TOWN OF PLOVER TOWN OF ANIWA 3 6 0** TOWN OF HUTCHINS VILLAGE OF ANIWA ** VILLAGE OF MATTOON TOTAL *Combined City & Town of Antigo in **Combined Town & Village of Aniwa in

40 September Enrollment (FTE EQUIVALENT USED FOR REVENUE LIMIT CALCULATION) 36

41 37

42 38

43 Staff UNIFIED SCHOOL DISTRICT OF ANTIGO 39

44 FULL-TIME EQUIVALENCY STAFF CERTIFIED District Administrator Director of Instruction Director of Human Resources Director of Community Programs Director of Business Services Director of Pupil Services TOTAL CENTRAL ADMINISTRATION Principals Assistant Principals Dean of Students Activity/Athletic Director (Inc. Middle School ) Technology Coordinator AIMS Coordinator K-12 Literacy Coordinator TOTAL BUILDING ADMINISTRATION Guidance Counselors Classroom Teachers Special Education Teachers Readiness Teacher K Teachers Librarians TOTAL TEACHING STAFF NON-CERTIFIED Supervisor of Buildings and Grounds Maintenance Building Custodians/Housekeeping Groundskeeper Computer Technician Network Engineer/Technology Coordinator School Food Service Director Kitchen Staff Regular Education Instructional Assistant Special Education Instructional Assistant K Instructional Assistants Library Clerks Building Secretaries Other School Bldg. Clerical Staff Head Bookkeeper Grants Bookkeeper Payroll Clerk Other Central Office Secretarial Staff Administrative Asst. to the Dist. Administrator TOTAL SUPPORT STAFF TOTAL STAFF

45 Facilities/Maintenance UNIFIED SCHOOL DISTRICT OF ANTIGO 41

46 UNIFIED SCHOOL DISTRICT OF ANTIGO BUILDINGS BUILDING SITE SQUARE FEET YEAR ADDITIONS IN ACRES BUILT High School , Clara R. McKenna Aquatic Center 35, Greenhouse 1, Middle School Complex 5.75 Middle School w/walkway 52, Middle School Annex w/walkway 32, Middle School Gym Area 35, Middle School New Addition 40, ,911 Crestwood Elementary School 38 15, East Elementary School 2 21, Mattoon Elementary School 6 16, , 1990 North Elementary School , & 1989 Pleasant View Elementary School 43 17, a. Life Task Center Spring Valley Elementary School 10 16, West Elementary School 2 21, Central Office ,075 App Central Office Warehouse 11,200 App Total 560,934 Sq. Ft. ============ 42

47 MAJOR MAINTENANCE PROJECTS ROOFS MATTOON $80,162 NORTH $103,677 WEST $90,680 HIGH SCHOOL $164,270 CENTRAL OFFICE $27,800 MASONRY AMS CHIMNEY $15,550 AHS WALL CAVITY $48,725 ABATEMENT/REMEDIATION CW ASBESTOS TILE REMOVAL $12,320 WEST MOLD REMEDIATION $11,260 DOORS MATTOON $7,777 FLOORING AHS & AMS VINYL TILE & CARPET $21,518 BLACKTOP BALANCE OF REPL AT NORTH $17,443 STORAGE MATTOON GARAGE $6,467 TOTAL $607,649 43

48 UNIFIED SCHOOL DISTRICT OF ANTIGO Historical Review of Facility/Grade Configuration Changes *High School Opened (9-12) *City 6th Graders Moved to 1994 Middle School *All Day Kindergarten Started 1995 *Kindergarten Center Opened *Dana Larson Facilities Study *Referendum Failed for Additions 1996 to all Elementary Schools 1997 *Middle School Addition Referendum Passed *Sage Started at Mattoon/North 1998 *Pleasant View Sixth Graders Moved to Middle School 2000 *Sage Started at Crestwood/ East/Pleasant View/Spring Valley/West *Lily School Closed 2002 *Chrysalis Charter School Closed *Stubenrauch Facilities Study 2003 *Aniwa School Closed *Kindergarten Center Closed *Board of Education Long Range Planning Began & Community 2005 Committee 2005 *Elementary Building Facility Committee *All Sixth Graders Move to 2006 Middle School 2007 *River Grove School Closed *Added 4-Year-Old Kindergarten 2010 Program 44

49 Clara R. McKenna Aquatic Center UNIFIED SCHOOL DISTRICT OF ANTIGO 45

50 BUDGET Revenues Beginning Carryover $2,398 Daily Admissions $22,000 Memberships $39,500 Classes $15,500 Rentals $20,500 USDA Transfer $60,000 Fund 80 Levy $270,000 Beverage/Concessions Sales $5,500 Aquatic Committee Fundraisers/Gifts $27,902 Total Revenues $463,300 Expenses Salaries (Director, Lifeguards, Housekeeping) $208,720 Fringes $49,580 Heat $72,500 Electric $64,000 Water/Sewer $12,000 General Supplies/Software $3,000 Custodial Supplies/Chemicals $15,000 Maintenance/Equipment $26,000 Beverages/Concessions $3,500 Dues & Fees/Advertising $5,500 Pupil Travel $3,500 Ending Carryover $0 Total Expenses $463,300 46

51 ACTIVITY SUMMARY July 1, June 30, 2015 Memberships Contracts Members Family Adult Senior Senior Couple Student Aerobic Non-Member Totals Open Swim Members 17,436 Non-Members 12,534 Board Room Rental 5,120 Totals 35,090 Programs Swim Lessons 678 Participants Aerobics 4,632 Visits 47

52 48

53 Tax Levy Tax Related Information UNIFIED SCHOOL DISTRICT OF ANTIGO 49

54 ESTIMATED TAX LEVY Actual Actual Actual Actual Estimate Dollar Inc./(Dec.) Levy Levy Levy Levy Levy General Fund $8,198,170 $7,989,766 $8,603,508 $8,912,867 $8,627,894 ($284,973) Energy Efficiency Exemption $0 $0 $0 $0 $0 $0 Fund 38 - Prior Service Loan $263,050 $93,850 $244,964 $253,295 $261,039 $7,744 Fund 39 - Middle School $359,950 $0 $0 $0 $0 $0 Fund 39 - Debt Defeasance - Middle School $677,000 $0 $0 $0 $0 $0 Community Service Fund - Fund 80 $320,000 $320,000 $220,000 $220,000 $270,000 $50,000 TOTAL $9,818,170 $8,403,616 $9,068,472 $9,386,162 $9,158,933 ($227,229) Tax Levy % Increase -2.4% Equalized Valuation $1,065,887,169* $9.24 $7.94 $8.54 $8.93 $8.59 ($0.34) Tax Rate % Increase -3.81% * Final Equalized Valuation not available until October 1, Estimated at a 1.5% increase. 50

55 Longitudinal Survey of Levies, Equalized Values, and Equalized Tax Rates* Antigo Fall 1984 Fall 1985 Fall 1986 Fall 1987 Fall 1988 Fall 1989 Fall 1990 Fall 1991 Total Levy $ 4,894,175 $ 5,259,225 $ 5,560,694 $ 4,826,544 $ 4,826,544 $ 5,260,230 $ 5,780,000 $ 6,301,097 Total Equalized Value $ 375,246,444 $ 378,490,669 $ 363,038,274 $ 331,208,803 $ 321,099,239 $ 321,489,911 $ 328,571,861 $ 351,247,295 Equalized Rate $ $ $ $ $ $ $ $ K-12 Average $ $ $ $ $ $ $ $ Fall 1992 Fall 1993 Fall 1994 Fall 1995 Fall 1996 Fall 1997 Fall 1998 Fall 1999 Total Levy $ 6,954,845 $ 7,263,262 $ 7,049,208 $ 6,702,978 $ 5,926,706 $ 6,238,700 $ 6,967,731 $ 7,010,266 Total Equalized Value $ 365,601,941 $ 388,539,292 $ 411,686,805 $ 459,108,834 $ 510,435,541 $ 565,899,485 $ 616,496,574 $ 671,239,333 Equalized Rate $ $ $ $ $ $ $ $ K-12 Average $ $ $ $ $ $ $ $ Fall 2000 Fall 2001 Fall 2002 Fall 2003 Fall 2004 Fall 2005 Fall 2006 Fall 2007 Total Levy $ 7,279,636 $ 7,716,165 $ 7,739,282 $ 8,307,536 $ 8,495,284 $ 8,286,608 $ 8,654,988 $ 8,294,988 Total Equalized Value $ 722,219,683 $ 792,537,934 $ 828,924,040 $ 871,770,022 $ 919,449,458 $ 938,973,836 $ 985,731,514 $ 1,047,295,262 Equalized Rate $ $ 9.74 $ 9.34 $ 9.53 $ 9.24 $ 8.83 $ 8.78 $ 7.92 K-12 Average $ $ $ 9.73 $ 9.56 $ 9.46 $ 8.63 $ 8.31 $ 8.45 Fall 2008 Fall 2009 Fall 2010 Fall 2011 Fall 2012 Fall 2013 Fall 2014 Fall 2015 Total Levy $ 8,272,563 $ 9,030,213 $ 9,503,942 $ 9,818,170 $ 8,403,616 $ 9,068,472 $ 9,386,162 $ 9,158,978 Total Equalized Value $ 1,073,844,364 $ 1,086,817,644 $ 1,072,958,234 $ 1,062,639,510 $ 1,058,034,613 $ 1,061,506,239 $ 1,050,135,142 $ 1,065,887,169 Equalized Rate $ 7.70 $ 8.31 $ 8.86 $ 9.24 $ 7.94 $ 8.54 $ 8.94 $ 8.59 K-12 Average $ 8.61 $ 9.18 $ 9.80 $ 9.88 $ $ $ Estimated *Using Fall Property Values, Tax Apportionment TIF increments excluded. Averages rates were computed by type of district: K-12, K-8, UHS (Union High School). Information provided by Wisconsin Department of Public Instruction. 51

56 HOW TO READ YOUR TAX STATEMENT Tax bills are mailed annually in mid-december. The following information will help to understand the different sections of the tax statement. The image below shows a real tax statement with the personal information removed. Each red letter corresponds to a description below the image. A definition of terms can be found at the bottom of the page. A B C D E F G H I J SCHOOL DIST K L M N A) Assessed Value Land: The value of taxable land, as determined by the assessor for the purpose of taxation. B) Assessed Value Improvements: The value of taxable buildings, as determined by the assessor for the purpose of taxation. C) Total Assessed Value: The total value of land and buildings, as determined by the assessor for the purpose of taxation. This figure is the sum of A and B above, and may be higher or lower than the current market value of the property. This is multiplied by the net assessed value rate (tax rate) to determine the amount of tax that each property owner must pay. D) Average Assessment Ratio: The average assessment ratio is determined by the Wisconsin Department of Revenue and is used in calculating the estimated fair market value shown on the tax bill. The assessed value divided by the average assessment ratio = estimated fair market value. For example, if the assessment of a parcel of land, which sold for $150,000 (fair market value) was $140,000, the assessment ratio is said to be 93% (140,000 divided by 150,000). 52

57 E) Net Assessed Value Rate (Tax Rate): The tax rate is determined by dividing the amount of the tax levy -- that is, the total amount that is taxed in the entire district -- by the total assessed value of all of the property in the district. The tax rate is then multiplied by the total assessed value to determine the amount of tax that each property owner must pay. F) Estimated Fair Market Land: This figure is the assessed value land figure (A) divided by the average assessment ratio (D). G) Estimated Fair Market Improvements: This figure is the assessed value improvements figure (B) divided by the average assessment ratio (D). H) Total Estimated Fair Market Value: This figure is the sum of the estimated fair market land figure (F) and the estimated fair market improvements figure (G). I) School Levy Tax Credit: The school levy tax credit is a credit that is paid to municipalities, not the school district, in an effort to offset property taxes. Despite the fact that the funds for the credits do not go to schools, the state considers these dollars part of its commitment to education. School levy tax credits are distributed based on each municipality's share of statewide levies for school purposes. These amounts are decided based on the value of an individual property as a percentage of the district s total value. This credit is automatically applied to all properties that qualify. J) Taxing Jurisdictions: In most parts of the state, there are five taxing jurisdictions: the state, the county, the city or village, the school district, and the local technical college. This area lists them. Each jurisdiction determines its own levy. K) State Aid: This shows the revenue received from the state for each jurisdiction, for this and the prior year. It is important to note that the most recently passed state budget reduces the amount of aid provided to schools and shifts the responsibility to pay for Wisconsin public schools to property tax payers. L) Information from Prior Years: This shows the taxes due for each jurisdiction. For comparison, the figures for the prior year are listed with the percent change. M) Net Property Tax: This figure is the total property tax minus the lottery and gaming credit, described below. N) First Dollar Credit and Lottery and Gaming Credit: Like the School Levy Tax Credit, the First Dollar Credit issues revenues back to the public in order to offset property taxes. This money does not go to schools, although the state considers it part of its commitment to education. It should be automatically applied to all qualifying properties. The Lottery and Gaming Credit is a property tax credit, which is provided by the State from its lottery and gaming revenues. The lottery and gaming credit is determined in November of each year and depends on the revenue gained from lotteries, pari-mutuel on-track betting, and bingo for the year. In most cases, the credit is applied automatically. 53

58 DEFINITION OF TERMS The following terms are used on tax bills, in this document, and in other written material about property taxes. Assessed Value: The value that is assigned to property by the assessor, for the purpose of taxation. Assessment Ratio: The average assessment ratio is provided by the Wisconsin Department of Revenue and is used in calculating the estimated fair market value shown on tax bills. Assessed value is divided by the average assessment ratio to get the estimated fair market value. For example, if the assessment of a parcel of land which sold for $150,000 (fair market value) was $140,000, the assessment ratio is said to be 93% (140,000 divided by 150,000). Equalized Value: This is the estimated value of all taxable property in the district. The value used is the market value, which is the most probable selling price. Fair Market Value: This is the real market value of a property. In other words, it is the price for which a property would be sold by a willing seller to a willing buyer, under normal market conditions. Levy: The total amount of property taxes imposed by a taxing jurisdiction. Taxation District: A city, village, or town. If a city or village lies in more than one county, this is the portion of the city or village which lies within each county. Taxing Jurisdiction: Any entity authorized by law to levy taxes on property located within its boundaries. This includes the state, the city (or other local government), the county, the school district, and/or the local technical college. *Information in this document came from the Wisconsin Department of Revenue, Langlade County, and the Wisconsin Legislative Reference Bureau. 54

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