BUDGET PRESENTATION & ANNUAL MEETING Proposed Budget 2010-2011 SCHOOL DISTRICT OF NEW RICHMOND MISSION STATEMENT As a steward of public trust and resources, it is the duty and the responsibility of the School District of New Richmond to provide a comprehensive educational program and a learning environment which allows for the intellectual, physical, emotional, cultural, social, and ethical growth of children in a changing world. High School Auditorium 650 E. Richmond Way Monday, September 20, 2010 7:00 PM
SCHOOL BOARD (April Election - Three-Year Term) Term Expires Rick Hinz, President...2012 Greg Gartner, Vice President...2011 Chris Skoglund, Clerk...2011 Marty Wold, Treasurer...2013 Marilyn Duerst, Member...2011 Dr. Neal Melby, Member...2013 Bryan Schafer, Member...2012 ADMINISTRATIVE STAFF Maurice Veilleux... District Administrator Brian Johnston... Director of Fiscal & Building Operations Susan Curtis... Director of Special Services Jeffrey Moberg... High School Principal Douglas Hatch... Middle School Principal Frank Norton... Hillside Elementary Principal Mike Ballard... Paperjack Elementary Principal Greg Gentle... Starr Elementary Principal Jeffrey Swanson... High School Assistant Principal Michele Wood... Middle School Assistant Principal Jon Lucivansky...Pupil Services Casey Eckardt... Director of Athletics/Activities Karen Brummer... Supervisor of Food Services Cheryl Emerson... Director of Community Education Jessica Ferguson...Curriculum Coordinator Robert Parent... Supervisor of Buildings & Grounds
ANNUAL MEETING OF THE SCHOOL DISTRICT OF NEW RICHMOND High School Auditorium New Richmond, Wisconsin September 20, 2010-7:00 P.M. MEETING AGENDA 1. Call to Order, President of the School Board... Rick Hinz 2. Announcements A. Election of Board of Education Members. Board of Education members in this district are elected in April. This year the terms of Neal Melby and Marty Wold expired. Neal Melby and Marty Wold were re-elected to three-year terms. B. Each speaker addressing the chair should state his or her name and address. C. Participation in voting is restricted to district residents. D. All voting will be voice votes unless a division of the house is specifically requested. 3. Election of Chairperson 4. Minutes of the Annual District Meeting held September 21, 2009 were approved on that date. Is there a request to have the minutes of the 2009 Annual Meeting read at this time? 5. Unfinished Business 6. New Business - A. Superintendent's Report... Maurice Veilleux B. Presentation of the 2010-2011 Budget... Brian Johnston C. Resolution A To adopt the 2010-2011 Tax Levy D. Resolution B To authorize the School Board to make temporary loans for current operation according to statutory requirements E. Resolution C To authorize the sale of school property not needed for school purposes F. Resolution D To authorize the lease of property. WHEREAS, usable space within the school premises presently occupied by the New Richmond Middle School will no longer be needed for school purposes at of the end of the 2010-2011 school year; and WHEREAS, certain governmental and nonprofit organizations have already expressed interest in leasing that space for a variety of lawful purposes; WHEREAS, the electors of the School District of New Richmond believe it is in the best interest of the School District of New Richmond to lease some or all of that usable space upon terms and conditions to be subsequently negotiated between the New Richmond School Board and those interested parties. Upon motion duly made and seconded, the electors of the School District of New Richmond pursuant to the provisions of Section 120.13(25) of the Wisconsin Statutes, hereby authorize the lease of usable space located within the premises of the New Richmond Middle School for lawful use by prospective tenants once that space is no longer needed for school purposes, upon terms and conditions which are in compliance with applicable law, and which are otherwise satisfactory to the New Richmond School Board. G. Resolution E To establish salaries for School Board members (Currently members of the Board of Education are paid a salary of $3000 per year. In addition to a salary, board members shall be paid a per diem of $40 for each portion a portion of a day being five or less hours spent on School District business such as training, conferences and attendance at regional, statewide and national meetings. For each full day, a full day being more than five hours of attendance, a per diem of $80 shall be paid.) H. Resolution F To authorize the reimbursement of Board members for actual and necessary expenses incurred when traveling in performance of duties I. Resolution G To authorize the establishment of accident insurance for students J. Resolution H To authorize the Board of Education to set date of 2011 Annual School District Meeting for Monday, September 19, 2011 at 7:00 PM at a location determined by the Board of Education and the Administrative Staff K. Resolution I To authorize the Board, pursuant to State Statute 120.10(5M), Wis. Stats., to acquire real estate, either by purchase or condemnation, necessary for School District purposes as deemed appropriate by the Board of Education. 7. Other Business - A. Minutes of this meeting approved before adjournment. 8. Adjournment
SCHOOL DISTRICT OF NEW RICHMOND ANNUAL MEETING September 20, 2010 High School Auditorium School District of New Richmond Call to Order: The meeting was called to order at 7:00 p.m. by Board President Rick Hinz. Announcements: Board President Hinz made several announcements at this time which included the re-election of Board members Neal Melby and Marty Wold to three year terms. He also introduced Board members Chris Skoglund, Marilyn Duerst, Greg Gartner and Bryan Schafer. He then announced that each speaker addressing the chair should state his or her name and that participation in voting is restricted to district residents only. All voting will be by voice vote unless a division of the house is specifically requested. Election of Chairperson: Chris Skoglund nominated Gary Bakke for the chair position. Marilyn Duerst seconded the nomination. President Hinz asked for a voice vote for the chair position. Motion carried unanimously and Mr. Bakke assumed control of the meeting. Minutes: Chair Bakke read the rules for the meeting. He then announced the minutes of the 2009 Annual Meeting were read and approved on September 21, 2009. Chair Bakke asked if anyone would like the minutes of that meeting read. No one asked for a reading. Minutes stand approved. Unfinished Business: Chair Bakke asked if there was any unfinished business. There was none. He then introduced District Administrator Morrie Veilleux. New Business: Superintendent's Report District Administrator Veilleux welcomed everyone. He then gave an update on the following: The status of the construction projects; Enrollment growth; Budgeting issues; The status of contract negotiations; Presentation of the 2010-2011 Budget Director of Fiscal & Building Operations Brian Johnston presented the 2010-2011 budget estimates. He reviewed and explained the proposed property tax levy and mill rate calculation, revenues, expenditures and other financing uses, the 10-year enrollment history and various funds. Resolution A - Adoption of 2010-2011 Tax Levy Brian Johnston moved and Chris Skoglund seconded a motion to set the 2010-2011 tax levy in the amount of $14,138,702. Motion carried unanimously. Resolution B - Authorize the School Board to Make Temporary Loans for Current Operation According to Statutory Requirements Bryan Schafer moved and Marty Wold seconded a motion authorizing the Board of Education to make temporary loans for current operation according to statutory requirements. Motion carried unanimously. Resolution C - Authorization to Sell School Property Not Needed For School Purposes Rick Hinz moved and Chris Skoglund seconded a motion authorizing the Board to sell school property no longer needed for school purposes by the district. Motion carried unanimously.
Page 2 Official Proceedings of the Annual Meeting - September 20, 2010 continued Resolution D To Authorize the Lease of Property Arvid Flanum moved and Kathleen Earley seconded a motion authorizing the Board to lease usable space within the school premises presently occupied by the New Richmond Middle School no longer needed for school purposes at the end of the 2010-2011 school year. And whereas, certain governmental and non-profit organizations have already expressed interest in leasing that space for a variety of lawful purposes, the electors of the School District of New Richmond believe it is in the best interest of the School District of New Richmond to lease some or all of that usable space upon terms and conditions to be subsequently negotiated between the New Richmond School Board and those interested parties. And pursuant to the provisions of Section 120.13(25) of the Wisconsin Statutes, hereby authorize the lease of usable space located within the premises of the New Richmond Middle School for lawful use by prospective tenants once that space is no longer needed for school purposes, upon terms and conditions, which are in compliance with applicable law, and which are otherwise satisfactory to the New Richmond School Board. Discussion took place regarding the pros and cons of leasing the Middle School property. A voice vote was taken and the motion carried. Resolution E - Establish School Board Member Salaries Kathleen Earley moved and Jim Zajkowski seconded a motion to establish that a salary of $3,000 per year shall be paid to members of the Board of Education. In addition to a salary, board members shall be paid a per diem of $40 for each portion of a day (a portion of a day being five or less hours) spent on School District business such as training, conferences and attendance at regional, statewide and national meetings. For each full day (a full day being more than five hours) of attendance a per diem of $80 shall be paid. Motion carried unanimously. Resolution F - Authorization to Reimburse Board Members for Actual & Necessary Traveling Jim Saliny moved and Arvid Flanum seconded a motion to authorize reimbursement to Board members for actual and necessary expenses incurred when traveling in performance of duties. Motion carried unanimously. Resolution G - Authorization to Establish Accident Insurance for Students Marty Wold moved and Bryan Schafer seconded a motion authorizing the Board to establish accident insurance for students. Motion carried unanimously. Resolution H - Authorize the Board of Education to Set Date of 2011 Annual Meeting Marty Wold moved and Jim Saliny seconded a motion authorizing the Board of Education to set the date of the 2011 annual school district meeting for Monday, September 19, 2011 at 7:00 p.m. in a location to be determined by the Board of Education and the administrative staff. Motion carried unanimously. Resolution I Authorize the Board, pursuant to State Statute 120.10 (5M), Wis. Stats., to acquire real estate, either by purchase or condemnation, necessary for School District purposes as deemed appropriate by the Board of Education Chris Skoglund moved and Marilyn Duerst seconded a motion authorizing the Board, pursuant to State Statute 120.10 (5M), Wis. Stats., to acquire real estate, either by purchase or condemnation, necessary for School District purposes as deemed appropriate by the Board of Education. Motion carried. Other Business: Chair Bakke called for a reading of the minutes of this meeting. Julie Koop read the minutes. Bryan Schafer moved and Chris Skoglund seconded a motion to approve the minutes as read. Motion carried unanimously. The chairperson asked for any other matters to come before the annual meeting at this time. No matters were brought forward.
Page 3 Official Proceedings of the Annual Meeting - September 20, 2010 continued Adjournment: Chris Skoglund moved and Rick Hinz seconded a motion to adjourn the meeting at 8:42 p.m. Motion carried unanimously. Respectfully submitted, Chris Skoglund, School Board Clerk
2010-2011 PROPOSED BUDGET AND LEVY BUDGET AND ANNUAL MEETING SEPTEMBER 20, 2010 1
MILL RATE AND TAX EXAMPLE ACTUAL ACTUAL BUDGET BUDGET 2007-2008 2008-2009 2009-2010 2010-2011 Equalized Valuation $ 1,396,396,118 $ 1,434,283,750 $ 1,328,137,567 $ 1,215,245,874 Increase from Previous Year N/A 2.71% -7.40% -8.50% (with referendum) ACTUAL ACTUAL ACTUAL PROPOSED TAX LEVY 2007-2008 2008-2009 2009-2010 2010-2011 General Fund $ 9,610,119 $ 9,197,076 $ 9,317,306 $ 9,478,022 Debt Service 2,274,898 3,411,000 4,155,000 4,490,000 Community Education 110,204 170,680 170,680 170,680 $ 11,995,221 $ 12,778,756 $ 13,642,986 $ 14,138,702 % Increase From Previous Year N/A 6.53% 6.76% 3.63% 2
3
CHANGE IN EQUALIZED VALUE $1,500,000,000 $1,400,000,000 $1,300,000,000 $1,200,000,000 $1,100,000,000 $1,000,000,000 $900,000,000 $800,000,000 $700,000,000 $600,000,000 $500,000,000 $400,000,000 4
TAX LEVY HISTORY AND 2010-2011 PROPOSED LEVY (with referendum) ACTUAL ACTUAL ACTUAL PROPOSED INCREASE MILL RATE 2007-2008 2008-2009 2009-2010 2010-2011 (DECREASE) General Fund 6.882 6.412 7.015 7.799 0.784 Debt Service 1.629 2.378 3.128 3.695 0.566 Community Education 0.079 0.119 0.129 0.140 0.012 8.590 8.910 10.272 11.634 1.362 Wisconsin K-12 District Average 8.45 8.61 9.18 TAX EXAMPLE (with referendum) ACTUAL ACTUAL ACTUAL PROPOSED INCREASE Assessed Property Value 2007-2008 2008-2009 2009-2010 2010-2011 (DECREASE) $100,000 $859 $891 $1,027 $1,163 $136 $150,000 $1,289 $1,336 $1,541 $1,745 $204 $200,000 $1,718 $1,782 $2,054 $2,327 $272 5
2009-2010 Area School Mill Rates 11.50 11.00 10.50 11.41 10.50 10.20 10.22 11.16 10.27 10.00 9.74 9.50 9.00 8.70 8.50 8.00 7.50 7.00 6.50 7.67 8.05 6
Bond Requirements to Date REFERENDUM DEBT SERVICE Original Original Actual Projection Actual Projection Actual Tertiary With No Aid With No Aid Difference Less Aid Less Aid Difference Aid % 2006-2007 1,063,099 1,063,099-1,010,635 1,010,635-4.90% 2007-2008 2,260,746 2,116,371 144,375 2,208,686 2,065,342 143,344 4.80% 2008-2009 3,691,300 3,243,436 447,864 3,603,081 2,942,911 660,170 14.20% 2009-2010 5,346,281 3,996,758 1,349,523 5,194,977 3,455,104 1,739,873 16.70% 2010-2011 6,181,651 4,325,000 1,856,651 5,961,956 3,361,781 2,600,175 24.10% 7
GENERAL FUND BALANCE GENERAL FUND (FUND 10) BUDGET ADOPTION 2010-11 Audited 2008-2009 Unaudited 2009-2010 Budget 2010-2011 Beginning Fund Balance (Account 930 000) 4,655,594 4,305,864 4,618,551 Ending Fund Balance, Reserved (Acct. 931 000) 0 0 0 Ending Fund Balance, Designated (Acct. 932 000) 453,735 687,230 687,230 Ending Fund Balance, Unappropriated (Acct. 933 000) 3,852,129 3,931,271 3,931,271 TOTAL ENDING FUND BALANCE (ACCT. 930 000) 4,305,864 4,618,551 4,618,551 8
LOCAL REVENUE SOURCES REVENUES & OTHER FINANCING SOURCES Audited 2008-2009 Unaudited 2009-2010 Budget 2010-2011 Local Sources 210 Taxes 9,215,741 9,337,435 9,503,022 260 Non-Capital Sales 68,307 94,660 100,750 270 School Activity Income 53,836 55,608 51,000 280 Interest on Investments 53,032 25,723 25,000 290 Other Revenue, Local Sources 74,343 68,947 57,950 Subtotal Local Sources 9,465,259 9,582,373 9,737,722 9
STATE AID VS GENERAL PROPERTY TAXES 20,000,000 19,048,314 18,000,000 16,647,390 16,000,000 14,661,134 15,058,815 15,191,691 14,000,000 12,000,000 10,000,000 8,000,000 8,478,599 9,610,119 9,197,076 9,317,306 9,478,022 Property Taxes State Aids 6,000,000 Federal Aid 4,000,000 2,243,040 1,142,058 2,000,000-272,908 366,005 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 201,107 10
EQUALIZED VALUE PER MEMBER $550,000 $500,000 502,927 484,719 $450,000 $400,000 401,438 458,399 482,181 440,802 $350,000 378,286 $300,000 340,706 $250,000 $200,000 11
ENROLLMENT (4 year old kindergarten added 2007-2008) 3,050 2997 2,950 2,850 2858 2901 2938 2,750 2712 2,650 2611 2,550 2486 2545 2,450 2403 2423 2,350 12
AID MEMBERSHIP 3,100 3,000 2959 3013 2,900 2896 2,800 2755 2,700 2645 2668 2,600 2567 2499 2,500 2457 2,400 13
PAYMENTS FROM OTHER SCHOOLS AND CESA PAYMENTS FROM OTHER SCHOOLS & SOURCES Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 Other School Districts Within Wisconsin 310 Transit of Aids 0 0 0 340 Payments for Services 272,945 375,060 327,000 390 Other Inter-district, Within Wisconsin 0 2,105 0 Subtotal Other School Districts within Wisconsin 272,945 377,165 327,000 Intermediate Sources 510 Transit of Aids 3,776 5,338 3,000 Subtotal Intermediate Sources 22,586 3,776 3,000 14
STATE REVENUE SOURCES STATE SOURCES Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 State Sources 610 State Aid -- Categorical 194,237 183,972 171,000 620 State Aid -- General 14,900,840 16,356,989 18,822,586 630 DPI Special Project Grants 45,250 42,565 17,525 640 Payments for Services 0 0 0 650 Student Achievement Guarantee in Education (SAGE Grant) 0 0 0 660 Other State Revenue Through Local Units 26,395 48,223 24,000 690 Other Revenue 24,969 15,641 13,203 Subtotal State Sources 15,191,691 16,647,390 19,048,314 15
FEDERAL REVENUE SOURCES FEDERAL SOURCES Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 Federal Sources 710 Transit of Aids 1,917,015 914,231 0 720 Impact Aid 0 0 0 730 DPI Special Project Grants 106,514 78,874 53,106 750 IASA Grants 219,511 148,953 148,000 Subtotal Federal Sources 2,243,040 1,142,058 201,106 16
OTHER REVENUE SOURCES AND TOTAL REVENUE OTHER SOURCES & REVENUES Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 Other Financing Sources 850 Reorganization Settlement 0 0 0 860 Compensation, Fixed Assets 24,066 0 1,500 Subtotal Other Financing Sources 24,066 0 1,500 Other Revenues 960 Adjustments 420 42,582 0 970 Refund of Disbursement 28,653 11,350 5,000 980 Medical Service Reimbursement 0 0 0 990 Miscellaneous 5,780 5,593 5,000 Subtotal Other Revenues 34,853 59,525 10,000 TOTAL REVENUES & OTHER FINANCING SOURCES 27,235,630 27,813,899 29,328,642 17
MAJOR STAFFING ITEMS STAFFING INCREASES 2.0 Classroom Kindergarten Teachers 4.2 FTE Custodial/Maintenance for HS STAFFING DECREASES 12.0 Teacher Aide Positions 2.0 FTE High School Teachers OTHER Utilities Increased for New High School 2.5 FTE Middle School Teachers 18
EXPENDITURES - GENERAL FUND 2008-2009 2009-2010 2010-2011 Salaries 12,820,627 12,963,003 13,393,552 Employee Benefits 6,493,654 6,588,996 7,572,712 Purchased Services 3,547,461 3,641,673 3,796,873 Non- Capital Objects 1,440,883 1,311,053 1,295,247 Capital Objects 404,876 186,011 355,076 Debt Retirement 45,486 28,063 42,000 Insurance 219,271 272,505 244,700 Non-Program Transactions 2,519,405 2,452,986 2,554,992 Other Objects 93,698 56,922 73,490 Total 27,585,361 27,501,212 29,328,642 19
EXPENDITURES- GENERAL FUND $14,000,000 $13,000,000 $12,000,000 $11,000,000 $10,000,000 $9,000,000 $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 2008-2009 2009-2010 2010-2011 $3,000,000 $2,000,000 $1,000,000 $- 20
2009-2010 EXPENDITURES Debt Retirement 0.32% Insurance 0.93% Non-Program Transactions 9.03% Other Objects 0.26% Capital Objects 1.41% Non- Capital Objects 5.98% Salaries 45.86% Purchased Services 10.67% Employee Benefits 25.56% 21
2010-2011 PROPOSED EXPENDITURES Capital Objects 2.77% Non- Capital Objects 4.30% Debt Retirement 0.22% Insurance 0.89% Non-Program Transactions 9.58% Other Objects 0.27% Salaries 44.78% Purchased Services 10.96% Employee Benefits 26.23% 22
COST PER STUDENT COMPARISON BETWEEN YEARS Wisconsin Department of Public Instruction 4-Year Comparative Cost Summary Survey New Richmond DISTRICT TOTALS 2005-06 2006-07 2007-08 2008-09 MEMBERSHIP 2,668 2,755 2,896 2,959 CURRENT EDUCATION COST (CEC) INSTRUCTION $ 14,653,813 $ 15,329,434 $ 16,752,602 $ 17,930,110 PUPIL/STAFF/SUPPORT $ 2,045,496 $ 2,106,176 $ 2,167,621 $ 2,483,510 OPERATION/ADMINISTRATION/OTHER $ 6,155,540 $ 6,380,600 $ 6,809,104 $ 7,051,184 TOTAL CURRENT EDUCATION COST (TCEC) $ 22,854,848 $ 23,816,210 $ 25,729,327 $ 27,464,804 TCEC PER MEMBER $ 8,566 $ 8,645 $ 8,884 $ 9,282 STATE AVG TCEC PER MEMBER $ 9,393 $ 9,748 $ 10,155 $ 10,549 DIFFERENCE OVER (UNDER) STATE AVERAGE $ (827) $ (1,103) $ (1,271) $ (1,267) Rank 390 23
INSTRUCTION EXPENSES EXPENDITURES & OTHER FINANCING USES Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 Instruction 110 000 Undifferentiated Curriculum 5,741,648 6,115,071 6,564,421 120 000 Regular Curriculum 6,426,470 6,430,642 6,397,847 130 000 Vocational Curriculum 775,883 770,915 850,989 140 000 Physical Curriculum 694,379 696,389 731,637 160 000 Co-Curricular Activities 531,102 561,773 621,370 170 000 Other Special Needs 132,599 135,205 155,599 Subtotal Instruction 14,302,081 14,709,995 15,321,863 24
SUPPORT EXPENSES SUPPORT SOURCES Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 Support Sources 210 000 Pupil Services 826,519 867,654 846,467 220 000 Instructional Staff Services 913,816 778,833 774,783 230 000 General Administration 479,060 502,870 475,265 240 000 School Building Administration 1,417,485 1,415,052 1,632,765 250 000 Business Administration 4,576,075 4,365,043 5,052,284 260 000 Central Services 105,790 94,416 108,203 270 000 Insurance & Judgments 219,271 272,505 244,700 280 000 Debt Services 45,486 28,063 42,000 290 000 Other Support Services 1,275,500 1,026,743 1,251,441 Subtotal Support Sources 9,859,002 9,350,379 10,427,908 25
NON-PROGRAM EXPENSES AND TOTAL EXPENSES NON-PROGRAM TRANSACTIONS Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 Non-Program Transactions 410 000 Inter-fund Transfers 2,519,405 2,452,986 2,554,992 430 000 Instructional Service Payments 863,422 980,981 1,016,879 490 000 Other Non-Program Transactions 41,450 6,871 7,000 Subtotal Non-Program Transactions 3,424,277 3,440,838 3,578,871 TOTAL EXPENDITURES & OTHER FINANCING USES 27,585,361 27,501,212 29,328,642 26
SPECIAL EDUCATION FUND SPECIAL PROJECT FUNDS (FUNDS 21, 23, 27, 29) Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 900 000 Beginning Fund Balance 37,511 67,211 64,761 900 000 Ending Fund Balance 67,211 64,761 49,761 TOTAL REVENUES & OTHER FINANCING SOURCES 4,066,154 4,370,712 4,064,353 100 000 Instruction 2,930,947 3,216,228 2,990,280 200 000 Support Services 980,228 1,001,897 947,465 400 000 Non-Program Transactions 125,280 155,037 141,608 TOTAL EXPENDITURES & OTHER FINANCING USES 4,036,455 4,373,162 4,079,353 27
DEBT SERVICE FUND DEBT SERVICE FUND (FUNDS 38, 39) Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 900 000 Beginning Fund Balance 1,647,435 2,124,198 2,401,377 900 000 ENDING FUND BALANCES 2,124,198 2,401,377 2,097,699 TOTAL REVENUES & OTHER FINANCING SOURCES 13,698,913 21,679,181 24,987,750 281 000 Long-Term Capital Debt 2,872,473 3,739,487 4,642,055 282 000 Refinancing 10,200,438 17,513,082 20,490,000 283 000 Operational Debt 0 0 0 285 000 Post Employment Benefit Debt 0 0 0 289 000 Other Long-Term General Obligation Debt 149,240 149,433 159,373 400 000 Non-Program Transactions 0 0 0 TOTAL EXPENDITURES & OTHER FINANCING USES 13,220,150 21,402,002 25,291,428 842 000 INDEBTEDNESS, END OF YEAR 76,184,668 95,662,795 94,235,000 28
CAPITAL PROJECTS FUND CAPITAL PROJECTS FUND (FUNDS 41, 48, 49) Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 900 000 Beginning Fund Balance 25,471,126 15,253,713 13,065,869 900 000 Ending Fund Balance 18,253,713 13,065,869 55,000 TOTAL REVENUES & OTHER FINANCING SOURCES 27,421,902 20,270,132 24,000 100 000 Instructional Services 0 0 0 200 000 Support Services 34,639,315 25,457,976 13,034,869 300 000 Community Services 0 0 0 400 000 Non-Program Transactions 0 0 0 TOTAL EXPENDITURES & OTHER FINANCING USES 34,639,315 25,457,976 13,034,869 29
FOOD SERVICE FUND FOOD SERVICE FUND (FUND 50) Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 900 000 Beginning Fund Balance 50,959 104,435 158,966 900 000 ENDING FUND BALANCE 104,438 158,966 158,966 TOTAL REVENUES & OTHER FINANCING SOURCES 1,287,602 1,343,513 1,380,700 200 000 Support Services 1,234,123 1,288,982 1,380,700 400 000 Non-Program Transactions 0 0 0 TOTAL EXPENDITURES & OTHER FINANCING USES 1,234,123 1,288,982 1,380,700 30
COMMUNITY SERVICE FUND COMMUNITY SERVICE FUND (FUND 80) Audited Annual 2008-2009 Actual (unaudited) 2009-2010 Budget 2010-2011 900 000 Beginning Fund Balance 19,737 42,341 62,092 900 000 ENDING FUND BALANCE 42,431 62,092 62,092 TOTAL REVENUES & OTHER FINANCING SOURCES 440,637 438,272 438,880 200 000 Support Services 225,340 224,497 250,759 300 000 Community Services 192,693 194,024 188,121 400 000 Non-Program Transactions 0 0 0 TOTAL EXPENDITURES & OTHER FINANCING USES 418,033 418,521 438,880 31