School District No. 06 (Rocky Mountain)

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1 Amended Annual Budget School District No. 06 (Rocky Mountain) June 30, 2017

2 June 30, 2017 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. 06 (ROCKY MOUNTAIN) (called the ''Board'') to adopt the Amended Annual Budget of the Board for the fiscal year 2016/2017 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. 06 (Rocky Mountain) Amended Annual Budget Bylaw for fiscal year 2016/ The attached Statement 2 showing the estimated revenue and expense for the 2016/2017 fiscal year and the total budget bylaw amount of $44,234,593 for the 2016/2017 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 2016/2017. READ A FIRST TIME THE 14th DAY OF FEBRUARY, 2017; READ A SECOND TIME THE 14th DAY OF FEBRUARY, 2017; READ A THIRD TIME, PASSED AND ADOPTED THE 14th DAY OF FEBRUARY, 2017; Manually signed by Amber Byklum Chairperson of the Board ( Corporate Seal ) Manually signed by Dale Culler Secretary Treasurer I HEREBY CERTIFY this to be a true original of School District No. 06 (Rocky Mountain) Amended Annual Budget Bylaw 2016/2017, adopted by the Board the 14th DAY OF FEBRUARY, Manually signed by Dale Culler Secretary Treasurer

4 Amended Annual Budget - Revenue and Expense Statement Amended 2016 Amended Annual Budget Annual Budget Ministry Operating Grant Funded FTE's School-Age 3, , Adult Total Ministry Operating Grant Funded FTE's 3, , Revenues $ $ Provincial Grants Ministry of Education 35,937,317 34,333,714 Other 25,074 57,468 Tuition 3,588,306 2,033,190 Other Revenue 1,206,135 2,173,041 Rentals and Leases 80,800 65,000 Investment Income 114, ,500 Amortization of Deferred Capital Revenue 1,772,856 1,775,770 Total Revenue 42,724,488 40,552,683 Expenses Instruction 32,101,393 30,349,654 District Administration 1,350,165 1,237,877 Operations and Maintenance 7,683,875 7,206,749 Transportation and Housing 2,029,808 1,779,979 Debt Services 5,078 3,000 Total Expense 43,170,319 40,577,259 Net Revenue (Expense), before Endowment Contributions (445,831) (24,576) Endowment Contributions 20,422 Net Revenue (Expense) (425,409) (24,576) Budgeted Allocation (Retirement) of Surplus (Deficit) 788, ,974 Budgeted Surplus (Deficit), for the year 363, ,398 Budgeted Surplus (Deficit), for the year comprised of: Operating Fund Surplus (Deficit) Special Purpose Fund Surplus (Deficit) 20,422 Capital Fund Surplus (Deficit) 342, ,398 Budgeted Surplus (Deficit), for the year 363, ,398 Page 2

5 Amended Annual Budget - Revenue and Expense Statement Amended 2016 Amended Annual Budget Annual Budget Budget Bylaw Amount Operating - Total Expense 37,598,186 35,221,939 Special Purpose Funds - Total Expense 2,606,871 2,567,300 Special Purpose Funds - Tangible Capital Assets Purchased 218, ,648 Capital Fund - Total Expense 2,965,262 2,788,020 Capital Fund - Tangible Capital Assets Purchased from Local Capital 846,128 1,500,000 Total Budget Bylaw Amount 44,234,593 42,194,907 Approved by the Board Manually signed by Amber Byklum Signature of the Chairperson of the Board of Education Manually signed by Paul Carriere Signature of the Superintendent Manually signed by Dale Culler Signature of the Secretary Treasurer February 14, 2017 Date Signed February 14, 2017 Date Signed February 14, 2017 Date Signed Page 3

6 Amended Annual Budget - Changes in Net Financial Assets (Debt) Statement Amended 2016 Amended Annual Budget Annual Budget $ $ Surplus (Deficit) for the year (445,831) (24,576) Effect of change in Tangible Capital Assets Acquisition of Tangible Capital Assets From Operating and Special Purpose Funds (218,146) (117,648) From Local Capital (846,128) (1,500,000) From Deferred Capital Revenue (1,815,000) (1,269,322) Assets Aquired by Lease (317,326) Total Acquisition of Tangible Capital Assets (3,196,600) (2,886,970) Amortization of Tangible Capital Assets 2,960,184 2,785,020 Net carrying value of Tangible Capital Assets disposed of - Write-down carrying value of Tangible Capital Assets - Total Effect of change in Tangible Capital Assets (236,416) (101,950) Acquisitions of Prepaid Expenses (10,000) - Use of Prepaid Expenses 10,501 - Acquisition of Supplies Inventory - Use of Supplies Inventory - Acquisition of Other Assets - Use of Other Assets - Endowment Contributions 20,422 20,923 - (Increase) Decrease in Net Financial Assets (Debt) (661,324) (126,526) Page 4

7 Amended Annual Budget - Schedule of Changes in Accumulated Surplus (Deficit) by Fund Schedule 1 Operating Special Purpose Capital 2017 Amended Fund Fund Fund Annual Budget $ $ $ $ Accumulated Surplus (Deficit), beginning of year 2,419, ,873 26,400,254 28,926,044 Changes for the year Net Revenue (Expense) for the year 520, ,568 (1,184,406) (425,409) Interfund Transfers Tangible Capital Assets Purchased (218,146) 218,146 - Local Capital (1,076,864) 1,076,864 - Other (232,000) 232,000 - Net Changes for the year (788,435) 20, ,604 (425,409) Budgeted Accumulated Surplus (Deficit), end of year 1,631, ,295 26,742,858 28,500,635 Page 5

8 Amended Annual Budget - Operating Revenue and Expense Schedule Amended 2016 Amended Annual Budget Annual Budget $ $ Revenues Provincial Grants Ministry of Education 34,162,624 32,738,145 Tuition 3,588,306 2,033,190 Other Revenue 186,885 1,145,630 Rentals and Leases 80,800 65,000 Investment Income 100, ,000 Total Revenue 38,118,615 36,081,965 Expenses Instruction 29,502,616 27,790,231 District Administration 1,342,071 1,230,000 Operations and Maintenance 5,070,084 4,656,698 Transportation and Housing 1,683,415 1,545,010 Total Expense 37,598,186 35,221,939 Net Revenue (Expense) 520, ,026 Budgeted Prior Year Surplus Appropriation 788, ,974 Budgeted Retirement of Deficit - Budgeted Reduction of Unfunded Employee Future Benefits - Net Transfers (to) from other funds Tangible Capital Assets Purchased - Tangible Capital Assets - Work in Progress - Local Capital (1,076,864) (1,622,000) Other (232,000) - Total Net Transfers (1,308,864) (1,622,000) Budgeted Surplus (Deficit), for the year Page 6

9 Amended Annual Budget - Schedule of Operating Revenue by Source Schedule 2A 2017 Amended 2016 Amended Annual Budget Annual Budget $ $ Provincial Grants - Ministry of Education Operating Grant, Ministry of Education 33,521,663 32,626,297 INAC/LEA Recovery (164,385) (157,845) Other Ministry of Education Grants Pay Equity 207, ,823 Funding for Graduated Adults 3, Transportation Supplemental 369,399 Economic Stability Dividend Return of Administrative Savings 168,700 Carbon Tax Reimbursement 56,000 53,000 Curriculum Implementation Supports - 8,300 Total Provincial Grants - Ministry of Education 34,162,624 32,738,145 Provincial Grants - Other Federal Grants Tuition Summer School Fees Continuing Education International and Out of Province Students 3,588,306 2,033,190 Total Tuition 3,588,306 2,033,190 Other Revenues School Referendum Taxes - Other School District/Education Authorities - LEA/Direct Funding from First Nations 164, ,845 Miscellaneous Project Donations 965,065 Artists in Education 7,500 7,720 Other 15,000 15,000 Total Other Revenue 186,885 1,145,630 Rentals and Leases 80,800 65,000 Investment Income 100, ,000 Total Operating Revenue 38,118,615 36,081,965 Page 7

10 Amended Annual Budget - Schedule of Operating Expense by Source Schedule 2B 2017 Amended 2016 Amended Annual Budget Annual Budget $ $ Salaries Teachers 12,514,445 12,256,296 Principals and Vice Principals 2,499,415 2,300,701 Educational Assistants 1,889,686 1,775,169 Support Staff 3,788,062 3,664,061 Other Professionals 2,618,788 2,377,004 Substitutes 1,336,138 1,365,709 Total Salaries 24,646,534 23,738,940 Employee Benefits 6,072,594 6,127,108 Total Salaries and Benefits 30,719,128 29,866,048 Services and Supplies Services 1,233, ,730 Student Transportation 507, ,759 Professional Development and Travel 612, ,413 Rentals and Leases 4,900 5,300 Dues and Fees 1,918, ,470 Insurance 144, ,966 Interest - 5,500 Supplies 1,642,108 1,783,117 Utilities 815, ,636 Total Services and Supplies 6,879,058 5,355,891 Total Operating Expense 37,598,186 35,221,939 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 10,878, , , , , ,010 13,220, Career Programs 10,785 1,750 12, Library Services 139, , ,852-4, , Counselling 362, , Special Education 1,090, ,941 1,722,411 13, , ,255 3,476, English Language Learning 18,332 17,053 35, Aboriginal Education 54, ,926 9, , School Administration - 1,484, ,745-19,100 1,833, Summer School Continuing Education 15,094 1,491 16, International and Out of Province Students - 23, , , Other - Total Function 1 12,514,445 2,384,135 1,889,686 1,027,437 1,311,703 1,130,138 20,257,544 4 District Administration 4.11 Educational Administration 190, , School District Governance 105, , Business Administration 567, ,302 Total Function 4 862, ,692 5 Operations and Maintenance 5.41 Operations and Maintenance Administration - 115, ,550 6, , Maintenance Operations - 2,024, ,100 92,000 2,259, Maintenance of Grounds - 71,634-13,000 84, Utilities - Total Function 5-115,280-2,095, , ,000 2,606,899 7 Transportation and Housing 7.41 Transportation and Housing Administration 64,343 34,000 98, Student Transportation - 664,656 95,400 61, , Housing - Total Function 7-664, ,743 95, ,399 9 Debt Services 9.92 Interest on Bank Loans Interest on Temporary Borrowing - Total Function 9 - Total Functions ,514,445 2,499,415 1,889,686 3,788,062 2,618,788 1,336,138 24,646,534 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 International and Out of Province 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 9.92 Interest on Bank Loans 9.94 Interest on Temporary Borrowing Total Function 9 Total Functions 1-9 Total Employee Total Salaries Services and 2017 Amended 2016 Amended Salaries Benefits and Benefits Supplies Annual Budget Annual Budget $ $ $ $ $ $ 13,220,828 3,186,304 16,407,132 1,195,625 17,602,757 18,149,860 12,535 2,791 15,326 5,200 20,526 44, , , , , , , ,258 89, ,922 7, , ,030 3,476, ,544 4,435, ,650 4,734,928 4,140,408 35,385 8,157 43,542 4,250 47,792 33, , , ,820 98, , ,787 1,833, ,167 2,247, ,435 2,411,126 2,249,810 16,585 3,733 20,318-20,318 20, ,880 65, ,820 2,390,180 2,877,000 1,344,000 20,257,544 4,975,575 25,233,119 4,269,497 29,502,616 27,790, ,315 48, ,614 20, , , ,075 1, ,725 74, , , , , , , , , , ,112 1,047, ,267 1,342,071 1,230, ,830 56, , , , ,968 2,259, ,580 2,862, ,013 3,429,028 3,375,500 84,634 24, , , , , , , ,636 2,606, ,765 3,290,664 1,779,420 5,070,084 4,656,698 98,343 15, ,701 18, , , , ,784 1,033, ,874 1,551,714 1,435, , ,142 1,147, ,874 1,683,415 1,545,010 24,646,534 6,072,594 30,719,128 6,879,058 37,598,186 35,221,939 Page 10

13 Amended Annual Budget - Special Purpose Revenue and Expense Schedule Amended 2016 Amended Annual Budget Annual Budget $ $ Revenues Provincial Grants Ministry of Education 1,774,693 1,595,569 Other 25,074 57,468 Federal Grants - Other Revenue 1,019,250 1,027,411 Rentals and Leases - Investment Income 6,000 4,500 Income (Loss) from Investments in Government Business Enterprises - Total Revenue 2,825,017 2,684,948 Expenses Instruction 2,598,777 2,559,423 District Administration 8,094 7,877 Operations and Maintenance - Transportation and Housing - Debt Services - Total Expense 2,606,871 2,567,300 Net Revenue (Expense), before Endowment Contributions 218, ,648 Endowment Contributions 20,422 - Net Revenue (Expense) 238, ,648 Net Transfers (to) from other funds Tangible Capital Assets Purchased (218,146) (117,648) Tangible Capital Assets - Work in Progress - Other - Total Net Transfers (218,146) (117,648) Budgeted Surplus (Deficit), for the year 20,422 - Page 11

14 Amended Annual Budget - Changes in Special Purpose Funds Schedule 3A Annual Learning Aboriginal Special Scholarships Service Special School Facility Improvement Education Education and Delivery Education Generated Strong Grant Fund Technology Equipment Bursaries Transformation Technology Funds Start $ $ $ $ $ $ $ $ $ Deferred Revenue, beginning of year 29,421 2,595 53,079 24,939 25,000 42,487 1,122,633 26,880 Add: Restricted Grants Provincial Grants - Ministry of Education 212, , ,264 96,000 Provincial Grants - Other Other 3,000 1,015,000 Investment Income 500 4, , ,493 3, ,264 1,019,000 96,000 Less: Allocated to Revenue 212, ,914 2,595 53,079 4, ,264 1,019, ,000 Deferred Revenue, end of year 23,689 25,000 42,487 1,122,633 7,880 Revenues Provincial Grants - Ministry of Education 212, ,914 2,595 53, , ,000 Provincial Grants - Other Other Revenue 4,250 1,015,000 Investment Income 500 4, , ,914 2,595 53,079 4, ,264 1,019, ,000 Expenses Salaries Teachers 441,198 81,917 Educational Assistants 114,175 Other Professionals Substitutes 2, ,989 81,917 Employee Benefits 145,925 19,253 Services and Supplies 50,002 4,750 8,094 1,019, ,000 50, ,914 4, ,264 1,019, ,000 Net Revenue (Expense) before Interfund Transfers 162,472-2,595 53,079 - Interfund Transfers Tangible Capital Assets Purchased (162,472) (2,595) (53,079) (162,472) - (2,595) (53,079) - Net Revenue (Expense) - Page 12

15 Amended Annual Budget - Changes in Special Purpose Funds Deferred Revenue, beginning of year Violence Ready, Coding and Prevention Set, Curriculum Endowment POPFASD Training & Student FSA Learn OLEP CommunityLINK Implementation Earnings Project Programming Assistance Testing $ $ $ $ $ $ $ $ $ 34,325 6,602 62,938-7,468 12,606 1,075 Schedule 3A Add: Restricted Grants Provincial Grants - Ministry of Education Provincial Grants - Other Other Investment Income 22,050 90, ,107 52,378 8,187 5,000 1,500 22,050 90, ,107 52,378 1,500 5,000 8,187 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 Other Professionals Substitutes Employee Benefits Services and Supplies Net Revenue (Expense) before Interfund Transfers Interfund Transfers Tangible Capital Assets Purchased Net Revenue (Expense) 31,500 97, ,039 52,378 1,500 12,468 12,606-8,187 24,875-46,006 1,075-31,500 97, ,039 52,378 8,187 12,468 12,606 1,500 31,500 97, ,039 52,378 1,500 12,468 12,606-8,187 30,189 90,566 56, ,049 47,378 4,750 7,687-30, ,054 47,378-4,750 7,687 7,467 80, ,500 59,607 21,000 5,000 1,500 7,268 12, ,500 97, ,039 52,378 1,500 12,468 12,606-8, Page 13

16 Amended Annual Budget - Changes in Special Purpose Funds Schedule 3A Deferred Revenue, beginning of year TOTAL $ 1,452,048 Add: Restricted Grants Provincial Grants - Ministry of Education Provincial Grants - Other Other Investment Income 1,637,614 5,000 1,018,000 6,000 2,666,614 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 Other Professionals Substitutes Employee Benefits Services and Supplies Net Revenue (Expense) before Interfund Transfers Interfund Transfers Tangible Capital Assets Purchased Net Revenue (Expense) 2,825,017 1,293,645 1,774,693 25,074 1,019,250 6,000 2,825, , , ,049 62,431 1,016, ,080 1,335,827 2,606, ,146 (218,146) (218,146) - Page 14

17 Amended Annual Budget - Capital Revenue and Expense Schedule Amended Annual Budget Invested in Tangible Local Fund 2016 Amended Capital Assets Capital Balance Annual Budget $ $ $ $ Revenues Provincial Grants Ministry of Education Other Municipal Grants Spent on Sites Federal Grants Other Revenue Rentals and Leases Investment Income 8,000 8,000 10,000 Gain (Loss) on Disposal of Tangible Capital Assets Amortization of Deferred Capital Revenue 1,772,856 1,772,856 1,775,770 Total Revenue 1,772,856 8,000 1,780,856 1,785,770 Expenses Operations and Maintenance Transportation and Housing Amortization of Tangible Capital Assets Operations and Maintenance 2,613,791 2,613,791 2,550,051 Transportation and Housing 346, , ,969 Write-off/down of Buildings and Sites Debt Services Capital Lease Interest 5,078 5,078 3,000 Capital Loan Interest Total Expense 2,960,184 5,078 2,965,262 2,788,020 Net Revenue (Expense) (1,187,328) 2,922 (1,184,406) (1,002,250) Net Transfers (to) from other funds Tangible Capital Assets Purchased 218, , ,648 Tangible Capital Assets - Work in Progress Local Capital 1,076,864 1,076,864 1,622,000 Capital Lease Payment 232, ,000 - Capital Loan Payment Total Net Transfers 218,146 1,308,864 1,527,010 1,739,648 Other Adjustments to Fund Balances Tangible Capital Assets Purchased from Local Capital 846,128 (846,128) - Principal Payment Capital Lease 226,922 (226,922) - Total Other Adjustments to Fund Balances 1,073,050 (1,073,050) - Budgeted Surplus (Deficit), for the year 103, , , ,398 Page 15

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