BUDGET PRESENTATION & ANNUAL MEETING

BUDGET PRESENTATION & ANNUAL MEETING Proposed Budget 2013-2014 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 16, 2013 7:00 PM

SCHOOL BOARD (April Election - Three-Year Term) Term Expires Richard Hinz, President... 2015 Paula Kolbeck, Vice President... 2014 Chris Skoglund, Clerk... 2014 Rollyn Wold, Treasurer... 2016 Marilyn Duerst, Member... 2014 Dr. Neal Melby, Member... 2016 Lawrence Moore, Member... 2015 ADMINISTRATIVE STAFF Jeffrey Moberg... District Administrator Brian Johnston... Director of Fiscal & Building Operations Thomas Wissink... High School Principal Jeffrey Swanson... High School Assistant Principal Douglas Hatch... Middle School Principal Michele Wood... Middle School Assistant Principal Michael Ballard... Paperjack Elementary Principal George Hoeppner... Starr Elementary Principal Frank Norton... Hillside Elementary Principal Casey Eckardt... Director of Athletics/Activities Cheryl Emerson... Director of Community Education Jessica Ferguson... Director of Curriculum & Instruction Kathryn Feuerer... Director of Student Services Karen Brummer... Supervisor of Food Services Robert Parent... Supervisor of Buildings & Grounds

ANNUAL MEETING OF THE SCHOOL DISTRICT OF NEW RICHMOND High School Auditorium New Richmond, Wisconsin September 16, 2013-7:00 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 17, 2012 were approved on that date. Is there a request to have the minutes of the 2012 Annual Meeting read at this time? 5. Unfinished Business 6. New Business - A. Superintendent's Report... Jeffrey Moberg B. Presentation of the 2013-2014 Budget...Brian Johnston C. Resolution A To adopt the 2013-2014 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 Community Commons is no longer needed for school purposes; and WHEREAS, certain governmental and non-profit organizations are leasing that space for a variety of lawful purposes; WHEREAS, the electors of the School District of New Richmond believe it may be in the best interest of the School District of New Richmond to extend for one year the leases 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 School Board to extend the lease of usable space located within the premises of the Community Commons for lawful use by prospective tenants for up to one year if the School Board deems it to be in the District s best interest, 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 2014 Annual School District Meeting for Monday, September 15, 2014 at 7:00 P.M. at a location determined by the Board of Education and the Administrative Staff 7. Other Business - A. Minutes of this meeting approved before adjournment. 8. Adjournment

2013-2014 PROPOSED BUDGET AND LEVY BUDGET AND ANNUAL MEETING SEPTEMBER 16, 2013 1

MILL RATE AND TAX EXAMPLE ACTUAL ACTUAL ACTUAL BUDGET 2010-2011 2011-2012 2012-2013 2013-2014 Equalized Valuation $ 1,223,471,990 $ 1,173,009,510 $ 1,112,992,736 $ 1,120,783,685 Increase from Previous Year -7.40% -4.12% -5.12% 0.70% ACTUAL ACTUAL ACTUAL PROPOSED TAX LEVY 2010-2011 2011-2012 2012-2013 2013-2014 General Fund $ 9,656,007 $ 8,814,761 $ 8,175,481 $ 6,852,576 Debt Service 4,490,000 5,123,560 5,708,537 6,303,313 Community Education 170,680 200,680 200,680 200,680 $ 14,316,687 $ 14,139,001 $ 14,084,698 $ 13,356,569 % Increase From Previous Year N/A -1.24% -0.38% -5.17% 2

EQUALIZED VALUES BY COUNTY County 2012 Total Equalized Value 2013 Total Equalized Value Total $ Change % Change Barron 3,474,905,200 3,579,455,200 104,550,000 3.01% Chippewa 4,572,364,300 4,653,303,700 80,939,400 1.77% Dunn 2,579,828,400 2,613,740,200 33,911,800 1.31% Eau Claire 6,722,050,200 6,907,862,700 185,812,500 2.76% Pepin 542,351,000 550,723,900 8,372,900 1.54% Pierce 2,745,713,700 2,724,148,700 (21,565,000) -0.79% Polk 4,151,138,000 4,084,905,800 (66,232,200) -1.60% St. Croix 6,930,949,400 7,154,298,100 223,348,700 3.22% State Total 469,861,249,050 467,502,564,000 (2,358,685,050) -0.50% 3

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 2013-2014 PROPOSED LEVY ACTUAL ACTUAL ACTUAL PROPOSED INCREASE MILL RATE 2010-2011 2011-2012 2012-2013 2013-2014 (DECREASE) General Fund 7.892 7.515 7.345 6.114-1.231 Debt Service 3.670 4.368 5.129 5.624 0.495 Community Education 0.140 0.171 0.180 0.179-0.001 11.702 12.054 12.655 11.917-0.738 Wisconsin K-12 District Average 9.18 9.8 9.88 TAX EXAMPLE ACTUAL ACTUAL ACTUAL PROPOSED INCREASE Assessed Property Value 2010-2011 2011-2012 2012-2013 2013-2014 (DECREASE) $100,000 $1,170 $1,205 $1,265 $1,192 ($74) $150,000 $1,755 $1,808 $1,898 $1,788 ($111) $200,000 $2,340 $2,411 $2,531 $2,383 ($148) 5

2012-2013 AREA SCHOOLS MILL RATES 12.65 12.50 12.28 11.50 10.50 11.05 10.98 10.07 10.46 10.3 11.33 10.91 9.50 9.52 8.50 7.50 6.50 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 2,208,654 2,065,342 (143,312) 4.80% 2008-2009 3,691,300 3,243,436 447,864 3,580,523 2,942,911 (637,612) 14.20% 2009-2010 5,346,281 3,996,758 1,349,523 5,165,407 3,455,104 (1,710,303) 16.70% 2010-2011 6,181,651 4,314,808 1,866,843 5,919,683 3,351,589 (2,568,094) 24.10% 2011-2012 6,630,708 4,963,262 1,667,446 6,327,807 3,923,393 (2,404,414) 29.20% 2012-2013 7,025,394 5,545,012 1,480,382 6,707,120 4,095,739 (2,611,381) 32.17% 2013-2014 7,458,894 6,137,082 1,321,812 7,093,409 3,981,125 (3,112,284) 35.13% Refunding Issues During 2012-2013 December 2012 - Reduced future payments by $1,567,039 March 2013 - Reduced future payments by $1,817,337 7

GENERAL FUND BALANCE GENERAL FUND (FUND 10) BUDGET ADOPTION 2013-2014 Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 Beginning Fund Balance (Account 930 000) 5,003,554 5,470,628 7,100,891 Ending Fund Balance, Committed (Acct. 937 000) 687,230 687,230 687,230 Ending Fund Balance, Unassigned (Acct. 939 000) 4,783,398 6,413,661 5,413,661 TOTAL ENDING FUND BALANCE (ACCT. 930 000) 5,470,628 7,100,891 6,100,891 8

LOCAL REVENUE SOURCES REVENUES & OTHER FINANCING SOURCES Local Sources 210 Taxes Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 8,843,729 8,198,504 6,872,576 240 Payments for Services 0 3,867 0 260 Non-Capital Sales 65,844 99,248 60,050 270 School Activity Income 75,297 64,199 62,500 280 Interest on Investments 12,133 11,999 12,000 290 Other Revenue, Local Sources 63,008 63,845 54,500 Subtotal Local Sources 9,060,011 8,441,662 7,061,626 9

STATE AID VS GENERAL PROPERTY TAXES 25,000,000 21,308,743 20,000,000 18,999,122 18,773,858 20,255,927 16,647,390 15,000,000 Property Taxes 10,000,000 9,317,306 9,656,007 8,814,761 8,175,481 State Aids Federal 6,852,576 5,000,000-1,142,058 372,052 551,606 281,667 319,478 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 10

EQUALIZED VALUE PER MEMBER $550,000 $500,000 482,181 $450,000 458,399 502,927 484,719 440,802 $400,000 401,438 399,175 356,843 $350,000 350,026 $300,000 $250,000 $200,000 11

ENROLLMENT IN FTE (4 year old kindergarten added 2007-2008) 3,250 3,150 3108 3130 3,050 3009 3053 2,950 2,850 2858 2901 2938 2,750 2712 2,650 2611 2,550 2,450 2,350 12

AID MEMBERSHIP 3,300 3,200 3119 3202 3,100 3065 3,000 2959 3013 2,900 2896 2,800 2755 2,700 2645 2668 2,600 13

PAYMENTS FROM OTHER SCHOOLS AND CESA PAYMENTS FROM OTHER SCHOOLS & SOURCES Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 340 Payments for Services 443,042 491,003 534,045 390 Other Inter-district, Within Wisconsin 2,369 2,800 0 Subtotal Other School Districts within Wisconsin 445,411 493,803 534,045 Intermediate Sources 510 Transit of Aids 4,695 7,590 2,000 Subtotal Intermediate Sources 4,695 7,590 2,000 14

STATE REVENUE SOURCES STATE SOURCES Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 State Sources 610 State Aid -- Categorical 180,801 342,849 412,125 620 State Aid -- General 18,501,044 19,851,986 20,855,287 630 DPI Special Project Grants 22,733 (583) 0 660 Other State Revenue Through Local Units 54,261 44,700 25,000 690 Other Revenue 15,019 16,975 16,331 Subtotal State Sources 18,773,858 20,255,927 21,308,743 15

FEDERAL REVENUE SOURCES FEDERAL SOURCES Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 730 DPI Special Project Grants 86,124 101,665 81,251 750 IASA Grants 210,666 259,916 238,227 780 Other Federal Revenue Through State 476,928 0 0 Subtotal Federal Sources 773,718 361,581 319,478 16

OTHER REVENUE SOURCES AND TOTAL REVENUE OTHER SOURCES AND REVENUE Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 860 Compensation, Fixed Assets 123,783 0 1,500 Subtotal Other Financing Sources 123,783 0 1,500 Other Revenues 960 Adjustments 66,880 64,574 30,000 970 Refund of Disbursement 48,224 112,458 31,000 990 Miscellaneous 1,926 3,116 2,000 Subtotal Other Revenues 117,030 180,148 63,000 TOTAL REVENUES & OTHER FINANCING SOURCES 29,298,506 29,740,711 29,290,392 17

MAJOR STAFFING ITEMS STAFFING INCREASES 2 Interpreters 3 Classroom Teachers including special education 2 Para-educators special education Wage increases of 2.07% 18

EXPENDITURES - GENERAL FUND 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Salaries 12,963,003 13,559,555 13,136,714 13,663,360 14,310,800 Employee Benefits 6,588,996 6,973,380 6,282,662 6,353,091 6,293,776 Purchased Services 3,641,673 4,664,283 4,751,659 4,558,518 4,676,871 Non- Capital Objects 1,311,053 1,351,355 1,708,430 1,468,505 1,495,343 Capital Objects 186,011 183,193 426,957 413,864 442,790 Debt Retirement 28,063 27,428 18,533 30,000 25,000 Insurance 272,505 263,144 283,436 308,241 302,500 Non-Program Transactions 2,452,986 2,301,138 2,172,926 2,485,631 2,682,416 Other Objects 56,922 65,273 50,135 73,040 60,896 Total 27,501,212 29,388,749 28,831,452 29,354,250 30,290,392 19

EXPENDITURES- GENERAL FUND $15,000,000 $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 2011-2012 2012-2013 2013-2014 $3,000,000 $2,000,000 $1,000,000 $- 20

2012-2013 EXPENDITURES Capital Objects 0.97% Debt Retirement 0.06% Insurance 0.95% Non-Program Transactions 8.17% Other Objects 0.19% Non- Capital Objects 5.35% Purchased Services 15.64% Salaries 48.04% Employee Benefits 20.63% 21

2013-2014 PROPOSED EXPENDITURES Non- Capital Objects 4.94% Debt Retirement 0.08% Capital Objects 1.46% Insurance 1.00% Non-Program Transactions 8.86% Other Objects 0.20% Purchased Services 15.44% Salaries 47.25% Employee Benefits 20.78% 22

COST PER STUDENT COMPARISON BETWEEN YEARS Wisconsin Department of Public Instruction 4-Year Comparative Cost Summary Survey New Richmond DISTRICT TOTALS 2008-2009 2009-2010 2010-2011 2011-2012 MEMBERSHIP 2,959 3,013 3,065 3,119 CURRENT EDUCATION COST (CEC) INSTRUCTION $ 17,930,110 $ 18,661,402 $ 18,926,406 $ 17,842,409 PUPIL/STAFF/SUPPORT $ 2,483,510 $ 2,421,185 $ 2,459,855 $ 2,317,565 OPERATION/ADMINISTRATION/OTHER $ 7,051,184 $ 6,701,110 $ 7,912,030 $ 8,436,817 TOTAL CURRENT EDUCATION COST (TCEC) $ 27,464,804 $ 27,783,697 $ 29,298,291 $ 28,596,791 TCEC PER MEMBER $ 9,282 $ 9,221 $ 9,559 $ 9,169 STATE AVG TCEC PER MEMBER $ 10,549 $ 10,836 $ 11,168 $ 10,515 DIFFERENCE OVER (UNDER) STATE AVERAGE $ (1,267) $ (1,615) $ (1,609) $ (1,346) Rank from lowest (out of 424) 32 23

INSTRUCTION EXPENSES EXPENDITURES & OTHER FINANCING USES Instruction 110 000 Undifferentiated Curriculum Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 6,098,140 5,854,919 6,296,000 120 000 Regular Curriculum 6,002,071 6,055,840 6,633,610 130 000 Vocational Curriculum 806,777 738,135 798,810 140 000 Physical Curriculum 653,981 644,281 692,313 160 000 Co-Curricular Activities 621,536 585,669 620,441 170 000 Other Special Needs 150,899 149,372 159,731 Subtotal Instruction 14,333,404 14,028,216 15,200,905 24

SUPPORT EXPENSES SUPPORT SERVICES Support Sources 210 000 Pupil Services Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 781,525 711,897 797,444 220 000 Instructional Staff Services 856,999 870,162 869,309 230 000 General Administration 508,418 628,283 688,203 240 000 School Building Administration 1,425,588 1,416,817 1,503,734 250 000 Business Administration 5,747,060 5,243,003 5,739,038 260 000 Central Services 156,641 177,995 157,273 270 000 Insurance & Judgments 283,435 268,255 302,500 280 000 Debt Services 18,533 15,569 25,000 290 000 Other Support Services 1,351,320 1,111,917 934,191 Subtotal Support Sources 11,129,520 10,443,898 11,016,692 25

NON-PROGRAM EXPENSES AND TOTAL EXPENSES NON-PROGRAM EXPENSES AND TOTAL EXPENSES Non-Program Transactions 410 000 Inter-fund Transfers Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 2,172,926 2,295,729 2,682,416 430 000 Instructional Service Payments 1,190,615 1,340,644 1,376,379 490 000 Other Non-Program Transactions 4,966 1,961 14,000 Subtotal Non-Program Transactions 3,368,507 3,638,334 4,072,795 TOTAL EXPENDITURES & OTHER FINANCING USES 28,831,431 28,110,448 30,290,392 26

SPECIAL EDUCATION FUND SPECIAL PROJECT FUNDS (FUNDS 21, 23, 27, 29) Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 900 000 Beginning Fund Balance 52,506 62,412 65,878 900 000 Ending Fund Balance 62,412 65,878 65,878 TOTAL REVENUES & OTHER FINANCING SOURCES 3,775,107 3,875,129 3,975,190 100 000 Instruction 2,582,256 2,732,637 2,914,280 200 000 Support Services 994,533 990,033 957,910 400 000 Non-Program Transactions 188,412 148,993 103,000 TOTAL EXPENDITURES & OTHER FINANCING USES 3,765,201 3,871,663 3,975,190 27

DEBT SERVICE FUND DEBT SERVICE FUND (FUNDS 38, 39) Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 900 000 Beginning Fund Balance 2,301,788 2,606,813 2,203,189 900 000 ENDING FUND BALANCES 2,606,813 2,203,189 2,014,550 TOTAL REVENUES & OTHER FINANCING SOURCES 5,902,719 26,949,874 7,175,233 281 000 Long-Term Capital Debt 5,434,140 6,729,939 7,193,864 282 000 Refinancing 0 20,456,517 0 289 000 Other Long-Term General Obligation Debt 163,554 167,042 170,008 400 000 Non-Program Transactions 0 0 69,150 TOTAL EXPENDITURES & OTHER FINANCING USES 5,597,694 27,353,498 7,363,872 842 000 INDEBTEDNESS, END OF YEAR 93,360,000 93,555,000 90,015,000 28

CAPITAL PROJECTS FUND CAPITAL PROJECTS FUND (FUNDS 41, 48, 49) Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 900 000 Beginning Fund Balance 830,157 103,056 55,955 900 000 Ending Fund Balance 103,056 55,955 0 TOTAL REVENUES & OTHER FINANCING SOURCES 10,613 74,667 0 200 000 Support Services 737,714 121,768 0 400 000 Non-Program Transactions 0 0 55,955 TOTAL EXPENDITURES & OTHER FINANCING USES 737,714 121,768 55,955 29

FOOD SERVICE FUND FOOD SERVICE FUND (FUND 50) Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 900 000 Beginning Fund Balance 162,173 208,123 200,239 900 000 ENDING FUND BALANCE 208,123 200,239 200,239 TOTAL REVENUES & OTHER FINANCING SOURCES 1,532,066 1,533,427 1,536,296 200 000 Support Services 1,485,557 1,541,311 1,536,296 400 000 Non-Program Transactions 558 0 0 TOTAL EXPENDITURES & OTHER FINANCING USES 1,486,116 1,541,311 1,536,296 30

COMMUNITY SERVICE FUND COMMUNITY SERVICE FUND (FUND 80) Audited 2011-2012 Unaudited 2012-2013 Budget 2013-2014 900 000 Beginning Fund Balance 19,172 (32,250) 24,474 900 000 ENDING FUND BALANCE (32,250) 24,474 24,474 TOTAL REVENUES & OTHER FINANCING SOURCES 503,642 538,226 512,730 200 000 Support Services 330,897 295,297 321,102 300 000 Community Services 223,384 186,205 191,628 400 000 Non-Program Transactions 783 0 0 TOTAL EXPENDITURES & OTHER FINANCING USES 555,064 481,502 512,730 31

FUND 80 32 The Community Education Fund was established to provide programs for youth and adults in the District that are outside of regular district programming. Programs include youth sports activities and adult activities and classes outside of regular district programs that are available to everyone on a fee basis. In addition, the fund runs and operates the old middle school (Community Commons) and rents space to various not for profit entities during the year and uses these rents to pay the operating costs of the building. The funds received from program fees and the tax levy help support the cost of staff, officials, supplies and equipment for the programs. The budget summary for the 80 fund is as follows: Revenues: Dues and Fees Student & Adult classes and Activities $192,850 Community Commons Rents and Contributions 100,200 Special Olympics and Empty Bowls Fund Raisers 19,000 Tax Levy 200,680 Total Revenues $512,730 Expenditures: On-site Salary and Fringe Benefits $179,627 Community Commons Utilities & Maintenance 93,950 Telephone, Postage and Catalog 39,825 Class Instructors and Fees 191,628 Office Supplies and Expenses 7,700 Total Expenditures $512,730