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6 In this chart we have summarized the GF Budget by the first 2 digits of the function. 1100: Regular Instruction Increased from $52,253,323 to $53,751,496 ($1,498,173) 100: Increased from $29,686,394 to $29,751,842 ($65,448). This figure is based on current staffing needs as well as existing contracts. $469K substitute cost was moved to 300 contracted service. 200: Increased from $18,196,671 to $18,816,189 ($619,518) due to retirement increase and life insurance estimate 300: Increase from $18,357 to $644,894 to due substitute teacher cost moving from 100 to : Little to no change ($17,539 to $18,839) 500: Increased from $2,617,466 to $3,118,497 ($501,031) due to charter school tuition increase. 600: Decreased by $302,090. Textbooks decreased ($446K) from $1,116K to $670K; Educational Software increased from $69K to $117K to include: Discovery Ed., Math 21, Study Island, Voyager & Schoology. Additional funds were allocated to schools for special population students to close the achievement gap. 700: Little to no change ($99,152 to $104,035) Equipment includes musical instruments, tech equipment, classroom furniture, science equipment, & PE equipment 1200: Special Education Increased from $15,903,131 to $17,199,201 ($1,296,070). 100: Increased from $8,227,678 to $8,770,908 ($543,230). This figure is based on current staffing needs, existing contracts, 3 add. SE teachers, & 1 behavioral specialist. 200: Increased from $4,780,774 to $5,340,943 ($560K) due to PSERS & staffing increase 300: Increased from $194,730 to $236,846 due to sub teacher cost moving from 100 to : Increased by $137K due to an increase in special education tuition. 600: Little to no change ($114K to $116K) 700: Approximate $5K increase from $7K to $12.7K for student equip. needs 800: Increased from $1,025 to $7,035 for addition professional training fees

7 1300: Vocational Programs Increased from $1,197,302 to $1,240, : Increase in tuition to Vo-Tech in the amount of $42, : Other Instructional Programs Title I, II, III, IV, Driver's Ed, Summer School, and Homebound 1700: Community College Negotiated reduction from $604K to $556K 2100: Pupil Personnel Includes pupil services, guidance, attendance, psychologists & student accounting Increased by $701K. Increase due to addition of social worker & behavior specialist ($200K); security cameras, software & equipment ($232K); school based mental health services ($75K); career software ($40K) 2200: Instructional Staff Includes Audio Visual, Library, Title II, Professional Development & District Field Trips Increased from $1,298,076 to $1,423,505 (+$125,429). 100: Title programs budgets are unknown at this point (+$62K) 2250 Library expenses increased $64K. 2300: Administration Increased $350K 100: Increased by $120K 200: Increased by $115K due to PSERS 2400: Pupil Health Increased from $1,782K to $2,075K due to increased salaries (+$152K), benefits (+$122K), & AED s

8 2500: Business Decrease of $99K due to retirements 2600: Operations and Maintenance Increased from $9.22 million to $9.76 million 100: Increased by 90K. Includes CBA pay increases and one additional position. 200: Increased by $58K due to PSERS (+$44K) & UC (+$36K) 400: Decreased by $998K due to electricity code changing from 422 to : Increased from $698K to $730K due to phone upgrades. 600: Increased by $1.066 million due to unknown fuel costs & electricity move from : Increase from $440K to $727K due to needed upgrades & new classroom furniture 2700: Student Transportation Increased from $4.994 million to $5.666 million (+$672K) 500: Increase from $4,360K to $5,058K or 16% due to contract expiration 600: Increase in gasoline expense of $10K due to unknown fuel costs 700: Lighting upgrade ($3.5K) and replacement of bus lot gate ($8K) 2800: Central 100 & 200: Increased by $321K due to addition of 3 Tech IA s 400: Increased by $146K due to CAOLA Tuition 700: Technology equipment replacements increased by $187K 3200: Student Activities Athletic Program increases of $38.5K and $30K increase in Student Activities 3300: Community Service Crossing Guards and Title I Parent Involvement

9 4200: Site Improvement $500K budgeted for undetermined projects 4600: Building Improvements $150K budgeted for undetermined projects 5100: Debt Service Decreased from $6,337,609 to $3,374,060 or ($2,963,549) due to refinancing & payoff of Series A : Fund Transfers Increased from $926K to $4,652K or $3,726,007 due to Phase I Feasibility Study and shift from 5100 to 5200 to maintain constant expense.

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11 Percent of the Total General Fund Budget 1000's Instructional Expenses: $73,977, % 2000's Support Services: $35,914, % 3000's Non-Instructional Support Services: $1,897, % 4000's Facilities: $650, % 5000's Other Financing Uses: $8,326, %

12 100: Salaries Budgeted Salaries are forecasted for anticipated staffing needs 200: Benefits Benefits include Health, Dental, Vision and Life Insurance; FICA; Retirement, Unemployment Compensation; Workers' Compensation; and Tuition Reimbursement. The PSERS Retirement expense increased by $1,469,815 due to the increase in contribution rate from 32.57% to 33.43%. The total PSERS expense for is budgeted at $17,854,083 or 14.78% of the total GF Budget. Health & Dental Insurance Expense increased from $9 million to $9.3 million which is a 2.9% increase due to good claims experience with the new HDHP. 300: Professional Technical Services Substitute expense totaling $600K or 26.58% was moved to this category from salaries Services provided to Special Ed Students account for $236,846 or 10.5% Legal Services account for $250K or 11% EIT Tax collection fees are $360K or 15.8% Health Services are $71.9K Business Services are $100K which include paying agent fees, appraisals, tax services, translation, COBRA services and auditing Technical Services are $144K which include internet access, software support, website hosting Student Activities are $117.9K which includes athletic trainers, design fees, accompanists Athletics are $113.4K which includes officials and security 400: Purchased Property Services The majority of these services are under Operations and Maintenance which include: Disposal Services, Contracted Custodial Services, Natural Gas, Water/Sewage and Contracted Repairs and Maintenance. The decrease is due to moving electricity from 422 to 622

13 500: Other Services This category includes $3.7 million Charter School Tuition; $515K Tuition to other LEA's; $1.35 million Special Ed Tuition; $1.24 million Vo-Tech Tuition ($42.77K increase); $556K HACC Tuition; $50K for advertising and printing; $353K in Insurance; $411K for District-Wide Communication (phone, internet, etc.); 199K for employee travel & training; $5.33 million in transportation which includes: Student Transportation: $4.483 million; $536K IU Transportation; $29K Student Activities; $149K Athletics; $85K for Field trips and Special Ed. Educational travel. 600: Supplies $1,398,431 for Instructional Supplies and Textbooks ($404K decrease); $2,357,986 for Maintenance (also included here: Nat. gas, electricity, oil, gasoline ($1 million increase due to electricity move from 422); $373,530 for transportation supplies and gasoline; $211K for Data Processing; $195K for Athletics 700: Equipment Instructional budgets: $104K; Special Ed: $12.7K; Support Functions: $45K; Op & Maintenance: $727K (increase $288K); Data Processing: $1.114 million; Building/site improvements: 650K; $108.6K athletics 800: Other Objects Budgetary reserve: $300K; Interest Portion of Bonds: $272K; $59K memberships and dues and fees: 58K 900: Other Uses Principal portion of bond payments

14 Object Summary 100's and 200's 70.4% of the GF Budget is dedicated to Salaries and Benefits 300's and 400's Professional, Technical and Purchased Property Services represent 4.3% of the GF Budget. 500 s Other Services which include Tuition paid to the Vo-Tech, Charter Schools and other LEA's; Communications; Travel; Students Transportation; General Liability Insurance; and Advertising are 11.6% of the GF Budget. 600 s Supplies, Books and Software are 4.3% of the GF Budget 700 s Equipment purchases are 2.5% of the GF Budget 800's and 900 s Other Objects and Uses are 6.9% of the GF Budget

15 Revenue Summary Local Revenue 70.57% of the Total Revenue Budget for It was 70.66% of the Total Revenue for State Revenue 28.25% of the Total Revenue Budget for It was 28.1% of the Total Revenue for Federal Revenue 1.18% of the Total Revenue Budget for It was 1.2% of the Total Revenue Budget for Other Sources of Revenue There are no Other Sources of Revenue budgeted for

16 Local Revenue comprises 70.57% of the Total Revenue Budget Current, Interim and Public Utility RE Taxes comprise 73.6% of Local Revenue Current Real Estate Tax includes a RE tax increase to the index of 2.8%. Per Capita Taxes generate approximately $500K each year. Earned Income Tax has seen steady growth. (4.1% in & 2.8% in 16-17) Real Estate Transfer Tax is a percentage assessment on the transfer of property Delinquent RE and Per Capital Taxes are $1.7million Athletic Admissions are incorporated into the GF Budget as required by PDE Federal IDEA Revenue of $1.5 is used for Special Education Rental Revenue is generated by fees charged for WSSD facility usage. Receipts from Other LEA's are tuition payments received from other LEA's for educating their students.

17 State Revenue History The main source of State Revenue is Basic Ed Subsidy. There was no increase budgeted for because the State Budget was not passed until 7/11/17, however, the District received an additional $596,089. The District included the subsidy allocation as the estimate. Section 1305 Funds are for educating orphans. There was no increase budgeted for Special Ed Subsidy or The District received an additional $99K after the budget adoption. The increased allocation was used for Transportation Subsidy has been budgeted using the actual subsidy. Rental Payments represent the State's Share of Bond Payments. Health Services Revenue are reimbursements for services provided to students. State Property Tax Reduction are State funds that are passed onto the RE Tax payers through the Homestead/Farmstead Exclusion on RE Tax bills under Act. 1. Ready to Learn Block Grant /Student Focused Learning Funds are used for student achievement and academic success. FICA is the State's share of FICA or 50% of WSSD total expense. Retirement is the State's share of PSERS or 50% of WSSD total PSERS expense.

18 Federal Revenue History Title I Funds Used to Improve the Academic Achievement of Disadvantaged Students. Title II Funds Used for class size reduction. Title III Funds Supplemental funds used for English language development for English learners. Title IV Funds Student support and academic enrichment. Medical Access Funds Reimbursements to school districts for providing eligible related health services to special education students as part of their IEP.

19 Other Revenue History There is not revenue under this category for the fiscal year. This is were we would classify revenue received for the sale of a building.