Budget Hearing May 15, 2017

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1 Budget Hearing May 15,

2 GF Assumptions Pupil Count of 2,991 (blended 2016/17) Foundation Grant of $7,617 ($100 increase proposed) At Risk Funding - $100,000 (increase proposed rev/exp equal) MPSERS rate of 25.56% (>.62% - UAAL fully funded) Federal Programs - Flat Insurance Hard Cap >3% Science Materials - $135,000 Contracts Transportation, Cust/Mtnc, SJEA Millage Rates Non-Homestead mills Debt Retirement mills Building & Site mills 2

3 GENERAL FUND BUDGET SUMMARY Proposed Budget 2015/ / /2018 Change REVENUES: Actual March Amend Proposed PY Notes Change from PY Local Revenues $ 6,524,219 $ 6,484,165 $ 6,429,165 $ (55,000) Scoreboard State Revenues $ 18,523,165 $ 19,663,561 $ 19,925,957 $ 262,396 $100 per pupil Federal $ 286,550 $ 273,207 $ 273,207 $ - Grants Transfer-In $ 322,283 $ 549,341 $ 463,092 $ (86,249) BRESA Equity Payment TOTAL REVENUE $ 25,656,216 $ 26,970,274 $ 27,091,421 $ 121,147 EXPENDITURES: Instruction 111 Elementary $ 5,332,816 $ 5,580,074 $ 5,583,379 $ 3,305 Increases - Steps; health ins 3%; 112 Middle School $ 3,733,531 $ 3,727,270 $ 3,769,521 $ 42,251 Science; MPSERS 113 High School $ 5,015,028 $ 5,133,199 $ 5,155,167 $ 21,968 Decreases - Retirees; One time payment; Tchr Apple Lease; Band Uniforms. 119 Summer Programs $ 29,018 $ 71,982 $ 36,317 $ (35,665) Literacy Grants (1 vs 2) 122 Special Education $ 1,165,661 $ 1,195,894 $ 1,221,289 $ 25,395 PY unpaid leave 125 Compensatory Education $ 300,566 $ 309,778 $ 339,778 $ 30,000 At Risk Funding 127 Vocational Education $ 294,486 $ 395,447 $ 384,144 $ (11,303) Line item changes Total Instructional $ 15,871,105 $ 16,413,644 $ 16,489,595 $ 75,951 Support Services Pupil $ 1,288,662 $ 1,203,777 $ 1,229,966 $ 26,189 same as above Instructional $ 1,078,797 $ 1,169,008 $ 1,196,965 $ 27,957 same as above General Administration $ 397,159 $ 403,857 $ 410,610 $ 6,753 same as above 241 School Administration $ 1,375,649 $ 1,472,009 $ 1,473,036 $ 1, Business $ 566,325 $ 609,867 $ 541,907 $ (67,960) PY Tax abatement; Payroll changes 261 Maintenance $ 2,731,449 $ 2,881,218 $ 2,977,358 $ 96,140 PMs; TPC 271 Transportation $ 854,469 $ 848,831 $ 842,239 $ (6,592) Radios 282 Communication $ 22,603 $ 19,608 $ 19,608 $ Staff/Personnel $ 13,547 $ 18,790 $ 18,790 $ Tech Infrastructure $ 635,113 $ 615,677 $ 605,029 $ (10,648) VoIP py 293 Athletics $ 664,820 $ 889,199 $ 791,558 $ (97,641) Scoreboard Total Support Services $ 9,628,593 $ 10,131,841 $ 10,107,066 $ (24,775) Community Outreach $ 31,012 $ 51,919 $ 52,685 $ Other Transactions $ 4,795 $ 4,273 $ 4,273 $ - TOTAL EXPENDITURES $ 25,535,505 $ 26,601,677 $ 26,653,618 $ 51,941 Surplus/Deficit $ 120,711 $ 368,597 $ 437,803 Beginning Fund Balance $ 2,450,019 $ 2,570,730 $ 2,939,327 Ending Fund Balance $ 2,570,730 $ 2,939,327 $ 3,377,130 3

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7 St. Joseph Public Schools Fund Balance Trends 7

8 Foundation Allowance Trends 8

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14 Bulletin 1014 Berrien County ( Data) 839 Total Districts District Name FTE Rank PP Revenue Rank Revenue PP Expense Rank Expense New Buffalo Area Schools $24, $ 24, River Valley School District $15, $ 14, Benton Harbor Area Schools $13, $ 12, Bridgman Public Schools $11, $ 11, Eau Claire Public Schools $10, $ 10, Niles Community Schools $ 9, $ 9, Sodus Township S/D # $ 9, $ 9, Coloma Community Schools $ 9, $ 10, Buchanan Community Schools $ 9, $ 9, Watervliet School District $ 9, $ 9, Brandywine Community Schools $ 9, $ 9, Countryside Academy $ 9, $ 9, Lakeshore School District (Berrien) $ 8, $ 9, Benton Harbor Charter School Academy $ 8, $ 8, Dream Academy $ 8, $ 9, Mildred C. Wells Preparatory Academy $ 8, $ 8, St. Joseph Public Schools $8, $ 8, Berrien Springs Public Schools $ 8, $ 7, Hagar Township S/D # $ 8, $ 7,

15 Code District County AVG FTE RNK FTE Total PP Rank Total Orchard View Schools AVG Exp Rank Expense Teacher FTE Pupil Teacher Pupil Teacher MUSKEGON $ 8, $ 8, Edw ardsburg CASS $ 8, $ 8, Public Schools Bulletin Comparative Data Districts by FTE 39 Districts 839 Total Districts St. Joseph Public Schools Marysville BERRIEN $ 8, $8, ST. CLAIR $ 8, $ 8, Public Schools Fow lerville Community Schools Bangor Tow nship Schools Plainw ell Community Schools Lakeshore School District (Berrien) LIVINGSTON $ 8, $ 8, BAY $ 8, $ 8, ALLEGAN $ 8, $ 8, BERRIEN $ 8, $ 9, Tecumseh LENAWEE $ 9, $ 8, Public Schools Michigan KENT $ 9, $ 8, Virtual Charter Academy East Grand Rapids Public Schools Wayland Union Schools KENT $ 9, $ 9, ALLEGAN $ 9, $ 9, Coopersville OTTAWA $ 10, $ 10, Area Public School District Fruitport Community Schools Waverly Community Schools Fitzgerald Public Schools MUSKEGON $ 10, $ 10, INGHAM $ 10, $ 10, MACOMB $ 10, $ 10, Van Dyke MACOMB $ 11, $ 11, Public Schools Lamphere OAKLAND $ 11, $ 11, Public Schools Center Line Public Schools MACOMB $ 11, $ 11,

Source Bulletin 1014 (2015-16) Total Instruction defined by State does not include any expenses

16 Source Bulletin 1014 ( ) Total Instruction defined by State does not include any expenses after Function Code 200 (Counselors, Speech, SW, Curriculum, SE Director, Media, Principals, etc. 16

17 ST. JOSEPH PUBLIC SCHOOLS GENERAL FUND BUDGET OVERVIEW Prior Year Comparisons Revenue $ 25,656, $ 26,970, $ 27,091,421 Change PY $ 121,147 State Aid > $100pp <BRESA Equity <Scoreboard Expenses $ 25,535, $ 26,601,677 Retirements $ 26,653,618 Apple Leases Change PY $ 51,941 Steps, Health, MPSERS Tax Abatements PM Contracts Revenue/Expenses $ 120, $ 368, $ 437,803 Fund Balance $ 2,570, % $ 2,939, % $ 3,377, % Target = 12% 17

18 Food Service 2013/ / / / /18 Actual Actual Actual March Amend Original REVENUES: Local Revenues 703, , , , ,165 State Revenues 55,141 52,745 56,327 54,745 54,745 Federal Revenues 374, , , , ,000 Transfer-In TOTAL REVENUE 1,132,685 1,146,570 1,184,881 1,163,910 1,163,910 EXPENDITURES: Salaries 348, , , , ,450 Benefits 148, , , , ,729 Purchased Services 5,074 7,681 9,159 19,600 19,600 Supplies 570, , , , ,800 Capital Outlay ,000 50,000 Misc Expense 18,559 20,716 19,609 21,650 21,650 Trans to General Fund 40,000 40,000 38,546 30,000 30,000 TOTAL EXPENDITURES 1,131,075 1,158,332 1,147,563 1,161,229 1,203,229 Excess of Revenues, over Expenditures 1,610 (11,762) 37,318 2,681 (39,319) Fund Balance - Beginning 76,969 78,579 66, , ,816 Fund Balance - Ending 78,579 66, , ,816 67,497 18

19 Debt Service REVENUES: 2012/ / / / MARCH Actual Actual Actual Actual AMEND Original Local Revenues - Interest ,021 3,400 3,400 Local Revenues - Tax Levy 3,456,342 3,435,740 3,468,901 3,519,052 3,848,450 3,854,956 State Revenues ,845 63,321 63,321 Federal Revenues 789, , , Bond Proceeds 0 9,636,571 33,504, Transfer In 0 10,495,542 35,719, ,995 0 TOTAL REVENUE 4,246,070 24,237,964 73,077,563 3,534,918 3,948,166 3,921,677 EXPENDITURES: Misc Expense ,629 3,000 3,000 Bond Principal 1,220,000 1,345,000 1,415,000 1,125,000 1,865,000 2,025,000 Bond Interest 2,924,749 2,723,950 1,603,437 2,410,878 1,995,644 1,928,482 Other Bond Costs 6,103 20,130,993 34,786,184 2,750 3,000 3,000 Transfer Out 0 492,000 35,719, TOTAL EXPENDITURES 4,150,852 24,691,944 73,523,791 3,541,257 3,866,644 3,959,482 Excess of Revenues, over Expenditures 95,218 (453,980) (446,228) (6,339) 81,522 (37,805) Fund Balance - Beginning 1,210,175 1,305, , , , ,368 Fund Balance - Ending 1,305, , , , , ,563 19

20 2016 Capital Projects Total Series I March Amended Original REVENUES: Bond Proceeds 2,450, Interest/Investments 1,372 5,000 1,000 TOTAL REVENUE 2,451,372 5,000 1,000 EXPENDITURES: Bus Purchases 480, , ,000 Professional Services Capital Outlay/Equipment 1,700,000 1,360, ,000 Site Improvements/Remodeling 60,000 30,000 30,000 Dues and Fees 5,490 13,100 1,000 A/E & CM Fees 130, ,000 0 Bond Issuance Fees 75,882 81,942 0 TOTAL EXPENDITURES 2,451,372 1,927, ,000 Excess of Revenues, over Expenditures 0 (1,922,822) (488,000) Fund Balance - Beginning 0 2,450, ,178 Fund Balance - Ending 0 527,178 39,178 20

21 Building & Site Actual Actual Actual March Amend Original REVENUES: Local Revenues 983, , , , ,120 Transfers & Other Trans 0 750, TOTAL REVENUE 983,483 1,721, , , ,120 EXPENDITURES: Bond Redemptions Professional Services 0 48, Capital Outlay 878,857 1,371, , , ,020 Supplies Site Improvements 0 59, , ,894 Misc Expenses ,345 34,100 Other Financing Uses , TOTAL EXPENDITURES 878,857 1,479,362 1,156, ,890 1,127,014 Excess of Revenues, over Expenditures 104, ,224 (169,200) (37,140) (147,894) Fund Balance - Beginning 141, , , , ,225 Fund Balance - Ending 246, , , , ,331 21

22 L-4029 Debt Levy SJPS will levy the following millage for the Non-homestead property* tax for operating purposes mills 2001 building & site mills Debt retirement property tax for debt retirement 2001 bond issue mills 2010 bond issue mills 2016 bond issue.2900 mills Total Mills Levied by St. Joseph Public Schools: On homestead property On non-homestead property* Total Mills Levied by the State of Michigan on homestead and non-homestead property mills mills mills *Including non-qualified agricultural properties 22

23 Questions? Kathleen Hamilton, CFO St. Joseph Public Schools

Budget Hearing June 20, 2016

2016-2017 Budget Hearing June 20, 2016 GF 2016/17 Assumptions Pupil Count of 2,924 (blended 2015/16) Foundation Grant of $7,517 ($120 increase unsigned by Governor) MPSERS rate of 24.94% (