2016 ANNUAL MEETING Monday September 26, 2016 6:30 PM - Budget Hearing 7:15 PM - Annual Meeting ADMINISTRATIVE BUILDING 425 S. Washington Street Combined Locks, WI 54113
INTRODUCTION The preparation of this annual meeting booklet and the information it contains is a lengthy process involving district staff, the business office and the Board of Education. We have included the information required by state statute, as well as other information that the district feels is important to share with its citizens. We welcome your questions regarding the operation of the school system and its fiscal policies. Therefore, pursuant to Wisconsin State Statute 120.08, the ANNUAL FINANCIAL REPORT OF THE BOARD OF EDUCATION of the KIMBERLY AREA SCHOOL DISTRICT for the year ending June 30, 2016 is presented in the following pages. For the KIMBERLY AREA SCHOOL DISTRICT Robert S. Mayfield, Ed.D. Superintendent of Schools
TABLE OF CONTENTS Page DIRECTORY OF SCHOOL BOARD & ADMINISTRATION................. 1 ORDER OF BUSINESS/AGENDA FOR THE ANNUAL MEETING............ 2 TREASURER S REPORT............................................... 7 BUDGET MESSAGE.................................................... 8 BUDGET ASSUMPTIONS............................................... 11 BUDGET HIGHLIGHTS................................................. 12 MULTI-YEAR TAX COMPARISON...................................... 13 GENERAL FUND REVENUES........................................... 14 GENERAL FUND EXPENDITURES...................................... 17 REVIEW OF EXPENDITURE INCREASES/DECREASES BY OBJECT........ 20 SPECIAL PROJECTS, DEBT SERVICE & CAPITAL PROJECT FUNDS...... 24 CAPITAL PROJECTS, FOOD SERVICE & EMPLOYEE BENEFIT TRUST.... 25 COMMUNITY SERVICE AND ALL FUNDS COMBINED................... 26 TAX LEVY, PROJECTED EQUALIZED VALUATIONS & TAX RATE........ 27 STAFFING............................................................ 28 MINUTES OF THE SEPTEMBER 28, 2015 ANNUAL MEETING............. 29
SCHOOL BOARD The present School Board is comprised of seven members elected to three-year terms. Members Term Expires Dr. Montgomery Elmer, President April, 2017 Brad Siebers, Vice President April, 2018 Deb Roberts, Clerk April, 2019 Penny Hoh, Treasurer April, 2019 Ammie Ebben, Member April, 2017 Mary Pribbenow, Member April, 2018 Chuck Rundquist, Member April, 2018 Administration Robert Mayfield........................... Superintendent Holly Prast................................ Assistant Superintendent Becky Hansen.............................. Director, Business Services Dawn Thomas............................. Director, Human Resources Tim Fosshage.............................. Director, Pupil Services Ron Simonis............................... Director, Curriculum Colin Pomeroy.............................. Director, Technology Joe Harvey................................ Director, Building & Grounds Mike Rietveld.............................. Principal, Kimberly H.S. Lori Verhagen............................. Assoc. Principal, Kimberly H.S. Steve Verboomen.......................... Asst. Principal, Kimberly H.S. Jason Nate............................... Asst. Principal, Kimberly H.S. Eric Brinkmann............................ Principal, J.R. Gerritts M.S. Rob DeLain............................... Asst. Principal, J.R. Gerritts M.S. Hercules Nikolaou.......................... Principal, Janssen Elementary Sean Fitzgerald............................ Principal, Sunrise Elementary John Schultz............................... Principal, Mapleview Intermediate Dave Lamers.............................. Principal, Woodland Intermediate Timothy Doleysh........................... Principal, Woodland Elementary Jonathan Peterson...........................Principal, Westside Elementary All school districts are legal agencies of the State. The School Board s authority and responsibilities to operate the school district are defined by the Wisconsin Constitution and Statutes. Regular school board meetings are held on the second and fourth Mondays of the month. The meetings are held in the Venture Room of the Kimberly District Administrative Building, 425 S. Washington Street in Combined Locks, WI at 6:30 P.M. The public is cordially invited to attend. 1
BOARD PROPOSED GUIDELINES FOR THE Monday, September 26, 2016 ANNUAL MEETING 1. Each person is asked to sign the register, indicate their address, check if they are a Kimberly Area School District resident, and indicate if they are under the age of 18. 2. Only school district residents of 18 years or older are eligible to vote on the issues presented., 3. If you wish to address the chairperson, do so by stating your name and address. 4. The chairperson may limit discussion depending upon the number of people wishing to speak, and in an effort to conduct an effective and orderly meeting. 5. Questions on parliamentary procedure will be referred to the board appointed parliamentarian. 6. Any motions submitted under new business shall be given to the chairperson in writing, signed by the person making the motion. This shall be completed prior to the assembly being asked to take action on the motion. 7. Methods for voting on the issues before the electorate shall be as the chairperson determines, unless otherwise directed by a specific motion on a specific issue. 8. Copies of the minutes are attached and the chairperson will recognize a motion to dispense with the reading of the minutes for the September 28, 2015 Annual Meeting. 2
Class 2 Notice Annual School District Meeting Of The Kimberly Area School District Villages of Combined Locks, Harrison and Kimberly Towns of Harrison and Buchanan and City of Appleton Notice is hereby given to the qualified electors of the Kimberly Area School District that the Annual Meeting of said District will be held on: Monday, September 26, 2016 Kimberly Area School District - Administrative Offices 425 S Washington St Combined Locks WI 54113 REGULAR MEETING: BUDGET HEARING: ANNUAL MEETING: 6:00 PM 6:30 PM 7:15 PM Agenda: 1. Call to Order 2. Elect Chairman for the Meeting 3. Board Suggested Meeting Guidelines 4. Minutes of the Annual Meeting, Monday, September 28, 2015 5. Board President s Report 6. Superintendent s Report 7. Treasurer s Report 8. Set Salaries of School Board & Authorize Reimbursement for Expenses Incurred 9. Adopt tax levy 120.10(8)(9) 10. 2017 Annual Meeting Date and Time (September 25, 2017) 11. Old Business 12. New Business 13. Adjournment Debbie Roberts KASD Board Clerk Publish: September 14, 2016 September 21, 2016 3
AGENDA: Kimberly Area School District ANNUAL SCHOOL DISTRICT MEETING Monday, September 26, 2016 I. 6:30 PM Budget Hearing 1. Meeting called to order. President, Dr. Montgomery Elmer 2. Review of budget. Director of Business Services, Becky Hansen Motion: Resolved that the budget hearing be closed. By: : seconded by: Vote:. II. 7:15 PM Annual Meeting 1. Meeting called to order. (Debbie Roberts, Clerk, presiding) Pledge of Allegiance 2. Elect chairman for the meeting 120.10(1). a. Nominations are from the floor: b. Motion: To close nominations and cast a ballot for. By: : seconded by: Vote:. c. Motion: To destroy ballots. By: : seconded by: Vote:. 3. Submit board approved and recommended guidelines for Annual Meeting approval (page 2 of Annual Meeting Booklet). Motion: To accept the recommended guidelines for the Annual Meeting. By: : seconded by: Vote:. 4
4. Dispense with reading the minutes of the Annual Meeting, Monday, September 28, 2015 (Attached to the back of this booklet). Motion: To dispense with the reading of the last annual meeting minutes of Monday, September 28, 2015. By: : seconded by: Vote:. 5. Board President s Report (Dr. Montgomery Elmer). 6. Superintendent s Report (Dr. Robert Mayfield). 7. Treasurer s Report (Becky Hansen) 120.16(4). Motion: Resolved that the Treasurer s Report be accepted. By: : seconded by: Vote:. 8. Set salaries of school board members and authorize reimbursement for expenses incurred 120.10(3). Motion: Resolved that salaries of school board members be set at: President ; Clerk ; Treasurer ; Members ; and authorize reimbursement for expenses incurred. By: : seconded by: Vote:. Present Salaries President - $3150 Clerk - $3150 Treasurer - $3150 Members - $3050 9. Adopt tax levy 120.10(8)(9). Board President, Dr. Montgomery Elmer, will present the budget to the electors. Motion: Resolved that the tax levy of $ presented to the electors be adopted as printed. By: : seconded by: Vote:. 5
10. Annual Meeting Date and Time 120.08(1)(a) (September 25, 2017). Motion: To authorize the School Board to set the date and time of the 2017 Annual Meeting of September 25, 2017 at 7:15 p.m.. By: : seconded by: Vote:. 11. Old Business 12. New Business 13. Adjournment 120.10(2). Motion: Resolved that this meeting adjourn as of PM, September 26, 2016. By: : seconded by: Vote:. 6
TREASURER'S REPORT FOR THE YEAR ENDED JUNE 30, 2016 Fund Balance - All Funds July 1, 2015 $22,592,860 Add: Revenues $67,995,058 Less: Expenditures $65,867,062 Fund Balance - All Funds June 30, 2016 $24,720,857 Fund Balances consist of: Increase June 30. 2015 June 30. 2016 (Decrease) Cash 1 General Fund (Fund 10) $10,178,171 $10,831,968 $653,797 Special Revenue Trust Fund (Fund 21) $410,061 $447,467 $37,406 Technology Grant & Special Ed (Fund 23/27) $193,016 $37,885 -$155,131 Debt Service Funds (Fund 38/39) $0 $0 $0 Capital Projects (Fund 41/45/46/49) $0 $30,043 $30,043 Food Service (Fund 50) $860 $860 $0 Student Activities (Fund 60) $170,494 $186,837 $16,342 Private Benefit Trust (Fund 71, 72) $32,912 $31,139 -$1,773 Community Service (Fund 80) $14,691 $26,301 $11,610 Total Cash $11,000,206 $11,592,499 $592,293 Investments 2 General Fund (Fund 10) $0 $0 $0 Special Revenue Trust Fund (Fund 21) $0 $0 $0 Debt Service Funds (Fund 38/39) $424,916 $333,157 -$91,759 Capital Projects (Fund 41/45/46/49) $1,922,302 $2,101,377 $179,076 Food Service (Fund 50) $250,914 $193,406 -$57,508 Employee Benefit Trust (Fund 73) $9,735,720 $9,512,379 -$223,341 Community Service (Fund 80) $0 $0 $0 Total Investments $12,333,852 $12,140,319 -$193,532 Taxes/Other Receivables/Prepaid Expenses General Fund (Fund 10) $4,144,862 $4,189,973 $45,111 Special Revenue Trust Fund (Fund 21) $335 $0 -$335 Technology Grant & Special Ed (Fund 23/27) $0 $0 $0 Capital Projects (Fund 41/45/46/49) $85,891 $60,473 -$25,418 Food Service (Fund 50) $77,409 $78,114 $705 Community Service (Fund 80) $0 $0 $0 Total Receivables $4,308,496 $4,328,560 $20,063 Due From Other Funds/Districts/State/Fed Govt. General Fund (Fund 10) $996,662 $1,719,432 $722,770 Technology Grant & Special Ed (Fund 23/27) $173,770 $307,670 $133,900 Capital Projects (Fund 41/45/46/49) $262,192 $660,000 $397,808 Food Service (Fund 50) $0 $3,202 $3,202 Total Due $1,432,624 $2,690,303 $1,257,680 Other Current Assets Food Service (Fund 50) $0 $49,744 $49,744 Liabilities (Money Owed) General Fund (Fund 10) $5,879,889 $5,329,713 -$550,177 Special Revenue Trust Fund (Fund 21) $731 $779 $48 Technology Grant & Special Ed (Fund 23/27) $265,822 $244,374 -$21,448 Capital Projects (Fund 41/45/46/49) $90,101 $60,473 -$29,628 Food Service (Fund 50) $72,480 $75,069 $2,589 Student Activities (Fund 60) $170,494 $186,837 $16,343 Employee Benefit Trust (Fund 73) $0 $182,571 $182,571 Community Service (Fund 80) $2,800 $754 -$2,046 Total Liabilities $6,482,317 $6,080,570 -$401,747 Fund Balances General Fund (Fund 10) $9,439,805 $11,411,661 $1,971,856 Special Revenue Trust Fund (Fund 21) $409,665 $446,688 $37,406 Technology Grant & Special Ed (Fund 23/27) $100,964 $101,180 $216 Debt Service Fund (Fund 38/39) $424,916 $333,157 -$91,759 Capital Projects (Fund 41/45/49) $2,180,284 $2,791,420 $611,136 Food Service (Fund 50) $256,703 $250,257.02 -$56,190 Student Activities (Fund 60) $0 $0 -$1 Private Benefit Trust (Fund 71,72) $32,912 $31,139 -$1,773 Employee Benefit Trust (Fund 73) $9,735,720 $9,329,808 3 -$405,912 Community Service (Fund 80) $11,891 $25,547 $13,656 Total of All Fund Balances $22,592,860 $24,720,857 $2,078,635 1 Includes checking accounts, money on hand and deposits with fiscal agents. 2 Money invested to earn income. 3 See Budget Message for an explanation. 7
BUDGET MESSAGE THE YEAR IN REVIEW 2015/16 Above Average Student Achievement at Below Average Cost - As evidenced by our standardized test scores, the District continues to be one of the highest achieving Districts in the Fox Valley, as well as the State. Kimberly High School was also recognized by the Washington Post as one of America s most challenging high schools for the 6 th consecutive year. We were ranked as 22 nd in the State and the only school in the Fox Valley recognized by the Post. In addition, KHS had a record number of AP Scholar Recognitions with 140 KHS students being recognized. No additional revenue from the State- The district received no new money from the state in 2015-2016. Additional revenue came from an increase in enrollment. Lower Taxes and Lower Tax Rate - The Tax Levy decreased by $22,778 or -0.13%. In addition, property values increased by over 4% These two factors led to a decrease in the tax rate (amount of taxes a home owner pays for each $1000 of property value) of -$0.41 or -4.05%. Health Insurance Updates The district changed Health Insurance Carriers to Humana to achieve a 0% increase in our insurance rates. The Kimberly Area School District Health and Wellness Center was very successful for it s first year. The district capped the district contributed HRA amount for each employee to save costs and to incentivize employees and families to use the District Health and Wellness Center rather than pay an out of pocket deductible. Facility Improvements The major projects for 2015-2016 was the completion of the renovation of Holy Spirit Parish lower level to accommodate our 4k students and allow for all day 5k to take place in Kimberly. Westside Elementary school was also renovated, including the next phase in replacing the HVAC unit on the roof and putting in permanent walls to update the look of the building. Technology Improvements The District is continuing to improve its infrastructure to provide mobility and access to information for students anywhere within the District. The largest projects this year were a refresh of the high school computers as well as update to the high school wireless access points to accommodate the increasing needs for access throughout the building. Enrollment higher causing an increase in Aid and Levy Limit Authority - The total student count for students used for aid and levy calculations increased by 157 students. This was primarily due to adding all day 5k and increasing the FTE of these students. This allowed us to increase our revenue by $960,993 and will help us in the future as the tax levy uses a 3 year average for student membership. It also increases our aid for 2016-2017 as the equalized aid amount is based on prior year numbers. In addition we had a FTE increase of 62 students from other districts who attend Kimberly under Open Enrollment. 8
WHAT S NEW IN 2016/17 $100/Student Increase in Revenue from the State The District will not receive any new money under the revenue limit from the state in 2015-2016. However, there is a $100/pupil increase in state categorical aid for 2016-2017. Lower Taxes - The Tax Levy is estimated to decrease by approximately -$94,367 or -.57%. Health Insurance The district changed health insurance carriers and moved to a narrow network plan in order to reduce our health insurance costs and put more money into salaries. Moving forward, the district will be exploring the option of self-funding our health insurance as well as other cost saving measures to further reduce costs. Facility Improvements The Westside Elementary renovation was completed to include adding permanent walls to each classroom. The air handling unit project at Westside continues with the replacement of the air handling unit in Pod 5, leaving just Pod 6 for replacement next year. The restrooms are to be upgraded at Janssen. In addition, a variety of paving, electrical and flooring improvements have been made throughout the District. Many school districts have to go to referendum to ask the taxpayer for additional funding for major facility improvements. Due to careful planning through the comprehensive long range Capital Improvement Plan, Kimberly s projects are all being funded within our regular operating budgets. Technology Improvements The District Technology Budget continues to provide the hardware, infrastructure and software needed to support the instructional goals of the District. Included in the budget are various wireless and networking upgrades. Funding continues to be set side aside for mobile student computing devices. Outdated computers are to be replaced at JRG and Mapleview. Similar to facilities, having a comprehensive long range plan for technology helps in making sure all of the projects that need to be funded are funded in the year that they need to be. Enrollment Projected to Remain Flat In June, I presented a decrease of 57 students. Due to the increased registrations we have seen throughout the district over the summer, I am now projected a flat enrollment. The Budget will be revised in October when we know actual numbers from our September Membership Count. THE FUTURE State Funding There was a $100 increase in categorical aid per student for 2016-2017, the 2 nd year of the biannual budget. However, there is no new money in the revenue limit formula. The new biannual budget for 2017-2019 will be presented in the coming months. We have been conservative in our staffing and overall budgeting the past few years to help manage the ongoing cuts to our budgets, however with fewer options to reduce spending, the District will need to remain diligent to provide a quality education while protecting our strong financial position. 9
Enrollment - The District receives significantly less revenue per student than the State average. This has been offset by the District s rapid enrollment growth. Projections show that enrollment will not be increasing as fast as it has in the past if at all. Offering all day 5k this year will help with the projections, however projections show the enrollment is expected to decline going forward with much smaller classes coming in than going out. We have been able to offset some of this through students from other Districts attending Kimberly under the Open Enrollment Program. If these trends continue and our revenue starts to decline, we will need to adjust our spending so we can maintain our strong financial position. Health Insurance Under revenue controls, if health insurance costs continue to increase, it will become exceedingly difficult to provide our employees with pay increases while providing the same level of benefits. It is anticipated that new National Health Care legislation will further increase costs, at least in the near future. The District, our employees, health care providers, insurance carriers, state and federal governments must continue to work together if we are to solve this crisis. We will be exploring the options of Self-Funding our health insurance in the future to further help with these increasing costs. District Financial Position As a result of past practices, the District is in good financial condition for this fiscal year. With continued revenue limitations and increasing costs, the District will have to remain being conservative and diligent in our spending. 10
BUDGET ASSUMPTIONS This budget is our best estimate of the revenue distribution required to achieve the goals and objectives of the school district. There are variables that may impact the budget, which will not be finalized until the October 26, 2015 Board Meeting. These include: Revenue Limit Enrollment Adjustment - Under the current Revenue Limit Formula, the District receives additional funding for enrollment increases and less for enrollment declines. This Budget assumes a the student enrollment will remain flat for the 2016/17 school year. If actual enrollment is greater than anticipated, the Revenue Limit (formula based on student enrollment that determines how much State Aid and Tax Revenue the District can receive) may increase, leading to an increase in the Tax Levy. If actual enrollment is less than anticipated, the Revenue Limit and Tax Levy will decrease. Actual enrollment figures were not available at the time of this printing. Equalization Aid - The State of Wisconsin provides a significant amount of aid to school districts. Aid was significantly reduced over the past several years. The District is anticipating an increase in aid. If Equalization Aid is less than projected, the Tax Levy will go up by that difference. Information needed to determine the exact amount of this aid is not available until October. Property Valuation - The estimated tax rate assumes that the value of all property in the District will remain flat. If property values increase, the tax rate (taxes paid per $1000 of property value) will decrease. Actual property valuation will not be available until October. Computer Valuation - Business computers are exempt from property tax. The District now receives aid to make up for this lost Tax Revenue. Actual computer valuation will not be available until October. If the actual value is more or less than anticipated, the Tax Levy will decrease or increase accordingly. Educational Advancement and Insurance Benefits Teaching staff receive additional compensation for additional educational attainment. The actual number of teachers who will be receiving this compensation is not known at the time of this printing. In addition, not all new employees have selected between single or family health and dental insurance plans. The current budget is based on past history. Open Enrollment Revenue and Expenses - Budgeted tuition revenues and expenses are based on students who applied to attend other school districts under the Open Enrollment process. However, many students who apply do not actually attend. Actual enrollment figures for open enrollment students are not available at the time of this printing. 11
2015-16 2016-17 2016-17 BUDGET HIGHLIGHTS Actual Budget DOLLAR PERCENT TAX LEVY 2015-16 2016-17* CHANGE CHANGE GENERAL FUND $12,676,544 $12,792,905 $116,361 0.92% DEBT SERVICE $3,874,928 $3,664,200 -$210,728-5.44% COMMUNITY SERVICE $46,823 $46,823 $0 0.00% TOTAL $16,598,295 $16,503,928 -$94,367-0.57% TAX LEVY $18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0 2015-16 2016-17* COMMUNITY SERVICE DEBT SERVICE GENERAL FUND TAX RATE PER $1,000 OF EQUALIZED ASSESSED VALUATION Actual Budget DOLLAR PERCENT 2015-16 2016-17 CHANGE CHANGE GENERAL FUND $7.42 $7.48 $0.06 0.81% DEBT SERVICE $2.27 $2.15 -$0.12-5.29% COMMUNITY SERVICE $0.03 $0.03 $0.00 0.00% TOTAL $9.72 $9.66 -$0.06-0.62% TAX RATE PER $1,000 $12.00 $10.00 $8.00 $6.00 $4.00 $2.00 $0.00 COMMUNITY SERVICE DEBT SERVICE GENERAL FUND * Estimated - Property valuation and corresponding tax rate are estimated. Actuals can not be determined until property valuation is certified by the Department of Revenue in October of 2016. 12
Rate MULTI-YEAR TAX COMPARISON Property Tax Rate Equalized % Tax Rate % School Year Property Value Increase Tax Levy Per $1,000 Increase 1996-97 $629,721,610 7.84% $7,061,137 $11.21-22.80% 1997-98 $693,339,678 10.10% $7,198,942 $10.38-7.40% 1998-99 $731,842,131 5.55% $7,400,815 $10.11-2.60% 1999-00 $773,841,708 5.74% $9,072,870 $11.72 15.92% 2000-01 $876,977,203 13.33% $9,566,529 $10.91-6.91% 2001-02 $1,009,046,999 15.06% $10,348,004 $10.26-5.96% 2002-03 $1,113,380,150 10.34% $11,256,389 $10.11-1.46% 2003-04 $1,226,125,831 10.13% $11,843,312 $9.66-4.45% 2004-05 $1,333,695,416 8.77% $12,750,221 $9.56-1.04% 2005-06 $1,430,424,762 7.25% $12,991,404 $9.08-5.02% 2006-07 $1,521,372,303 6.36% $14,593,571 $9.59 5.62% 2007-08 $1,560,717,698 2.59% $14,438,250 $9.25-3.55% 2008-09 $1,619,178,766 3.75% $14,467,972 $8.94-3.35% 2009-10 $1,669,751,426 3.12% $15,680,894 $9.39 5.03% 2010-11 $1,669,505,452-0.01% $16,672,024 $9.99 6.39% 2011-12 $1,680,933,957 0.68% $17,210,067 $10.24 2.50% 2012-13 $1,590,922,939-5.35% $16,736,406 $10.52 2.73% 2013-14 $1,625,404,920 2.17% $16,801,978 $10.34-1.71% 2014-15 $1,641,460,799 0.99% $16,621,073 $10.13-2.03% 2015-16 $1,708,096,091 4.06% $16,598,295 $9.72-4.05% 2016-17* $1,708,096,091 0.00% $16,503,928 $9.66-0.62% TAX RATE PER $1,000 OF EQUALIZED PROPERTY VALUE $12 $10 11.21 10.38 10.11 11.72 10.91 10.26 10.11 9.669.56 9.08 10.5210.34 9.99 10.24 10.13 9.72 9.59 9.258.94 9.39 9.66 $8 $6 $4 $2 $0 2016-17* 2015-16 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02 2000-01 1999-00 1998-99 1997-98 1996-97 School Year * Estimated - Property valuation and the corresponding tax rate are estimated. Actuals can not be determined until property valuation is certified by the Department of Revenue in October of 2016. 13
BUDGET ADOPTION, 2016-17 The following pages present data on Expenditures, Revenues and Fund Balances for 2014-15, 2015-2016 and the budget for 2016-17 in a format recommended by the Department of Public Instruction for the adoption of school district budgets. Definitions and Graphics have been added to facilitate understanding. DEFINITION OF FUND: A fund is an independent accounting entity consisting of a self-balancing set of accounts established for the purpose of carrying on specific activities or attaining certain objectives in accordance with laws, regulations, restrictions or limitations. On the following pages you will find a description of the funds used by the District along with financial data on that fund. The General Fund is the largest fund in the District and is used to account for the day-to-day financial operations of the District. All monies are accounted for here except those which are required to be accounted for in a separate fund (i.e. Federal Projects, Long-term Debt). Audited Unaudited Budget Dollar Percent REVENUES 2014-15 2015-16 2016-17 Change Change 930000 Beginning Fund Balance 9,416,762 9,439,805 11,411,660 1,971,855 20.89% 932000 Ending Fund Balance - Designated 0 0 0 0.00% 935000 Ending Fund Balance - Nonspendable 0 0 0 0 0.00% 936000 Ending Fund Balance - Restricted 0 0 0 0 0.00% 937000 Ending Fund Balance - Committed 0 0 0 0 0.00% 938000 Ending Fund Balance - Assigned 1,199,931 3,187,926 1,387,926-1,800,000 0.00% 939000 Ending Fund Balance-Unassigned 1 8,239,874 8,223,734 8,223,734 0 0.00% Working Capital Needs 930000 TOTAL ENDING FUND BALANCE 9,439,805 11,411,660 9,611,660-1,800,000-15.77% TOTAL REVENUES & OTHER FINANCING 100 Operating Transfers-In 0 0 0 0 0.00% Local Sources 210 Taxes 12,031,532 12,676,648 12,792,905 116,257 0.92% 230 Interfund Payments 0 0 0 0 0.00% 240 Payment for Services 0 0 0 0 0.00% 260 Non-Capital Sales 2 627 712 1,000 288 40.45% 270 School Activities Income 3 41,367 44,828 38,000-6,828-15.23% 280 Interest on Investments 12,526 11,091 12,000 909 8.20% 290 Other Local Revenue 4 340,310 342,483 308,467-34,016-9.93% Other School Districts within Wisconsin 310 Interdistrict Transit of State Aid 0 0 0 0 0.00% 340 Payment for Services 5 3,137,424 3,564,275 3,774,275 210,000 5.89% 380 Medical Service Reimbursements 390 Other Interdistrict within Wisconsin 0 0 0 0 0.00% Other School Districts Outside of Wisconsin 440 Payment for Services 0 0 0 0 0.00% 490 Other Interdistrict Outside Wisconsin 0 0 0 0 0.00% Intermediate Sources 510 Intermediate Transit of State Aid 6 1,237 9,350 0-9,350 0.00% 520 Payment in Lieu of Taxes 0 0 0 0 0.00% 540 Payment for Services 0 0 0 0 0.00% 580 Medical Services Reimbursement 0 0 0 0 0.00% 590 Other Intermediate Sources 0 0 0 0 0.00% *See next page for Revenue Definitions GENERAL FUND 14
BUDGET ADOPTION, 2016-17(Continued) Audited Unaudited Budget Dollar Percent REVENUES (Continued) 2014-15 2015-16 2016-17 Change Change State Sources 610 State Aid - Categorical 7 900,834 932,649 1,379,650 447,001 47.93% 620 State Aid - General 8 28,775,017 29,555,808 30,184,518 628,710 2.13% 630 Special State Project Grants 9 52,695 62,588 29,760-32,828-52.45% 640 Payments for Services 0 0 0 0 0.00% 650 State Youth Initiative Program 0 0 0 0 0.00% 660 State Revenue thru Local Sources 10 3,392 3,348 0-3,348-100.00% 690 Other Revenue, State 11 207,291 237,710 236,359-1,351-0.57% Federal Sources 710 Transit of Aids 0 0 0 0 0.00% 720 Impact Aid 0 0 0 0 0.00% 730 Special Project Grants 12 68,558 57,777 61,448 3,671 6.35% 740 Payments for Services 0 0 0 0 0.00% 750 Title 1 & 2 13 147,809 125,677 144,791 19,114 15.21% 760 Job Training Partnership Act Grant 0 0 0 0 0.00% 770 Federal Revenue Thru Local Gov. 0 0 0 0 0.00% 780 Federal Revenue Thru State 14 0 0 0 0 0.00% 790 Other Revenue, Federal 0 0 0 0 0.00% Other Financing Sources 850 Reorganization Settlement 0 0 0 0 0.00% 860 Compensation, Fixed Assets 15 1 2,107 7,500 5,393 255.96% 870 Long-Term Obligations 0 0 0 0 0.00% 890 Miscellaneous 0 0 0 0 0.00% Other Financing Revenues 960 Adjustments 0 54,857 0-54,857 0.00% 970 Refund of Disbursement 17 89,918 177,111 55,000-122,111-68.95% 980 Medical Service Reimbursement 0 0 0 0 0.00% 990 Miscellaneous 48,208 87,835 45,000-42,835-48.77% TOTAL REVENUES & OTHER FINANCING 45,858,746 47,946,854 49,070,673 1,123,819 2.34% *Selected Fund Balance & Revenue Definitions 1 Portion of fund balance to be used for cash flow needs and emergencies. 2 Revenue from the sale of items not considered to be capital equipment. 3 Revenue received from school sponsored activities such as admission to athletic events. 4 Revenue from miscellaneous resources such as student fees & fines. 5 Tuition received from other Wisconsin School Districts for their students attending our schools under "Open Enrollment" Law. 6 State Aid received via an Intermediate Education Agency (CESA). 7 State Transportation, Library Aid & Per Pupil Categorical Aid($250/pupil-16/17). 8 State Equalization Aid (based on property tax wealth within the district). 9 Money received from State to support specialized education programs. 10 Money received from State for DNR property in District. 11 Business computers became exempt from property tax in 99-00. The District receives aid to make up for lost tax revenue. 12 Federal grants received thru the Dept. of Public Instruction for improvement of instruction. 13 Federal Aid received thru the Dept. of Public Instruction for specific programs. 14 Federal Aid received thru the State other than DPI including Medicaid/School Based Services. 15 Compensation for the sales of assets. 17 Refund of prior year expenditure including E-Rate Refund and Workers Compensation Dividend. 15
BUDGET ADOPTION, 2016-17 (Continued) 2015-2016 GENERAL FUND REVENUES BY PERCENTAGE Federal 0.38% Local & Other 35.40% State 64.22% 2016-2017 BUDGETED GENERAL FUND REVENUES BY PERCENTAGE Federal 0.42% Local & Other 34.71% State 64.87% 16
BUDGET ADOPTION, 2016-17 GENERAL FUND EXPENDITURES BY FUNCTION DEFINITION OF FUNCTION: Grouping of expenditures by department or purpose. Audited Unaudited Budget Dollar Percent Expenditures by Function 2014-15 2015-16 2016-17 Change Change 110000 Undifferentiated Curriculum 1 9,980,958 10,209,033 10,947,162 738,129 7.23% 120000 Regular Curriculum 2 9,792,108 9,327,734 9,775,170 447,436 4.80% 130000 Vocational Curriculum 1,721,638 1,752,152 1,945,553 193,401 11.04% 140000 Physical Curriculum 1,258,181 1,327,754 1,462,944 135,190 10.18% 150000 Special Curriculum 3 0 0 0 0 0.00% 160000 Co-Curricular Activities 746,296 772,125 826,762 54,637 7.08% 170000 Special Needs 4 559,312 556,369 595,673 39,304 7.06% 210000 Pupil Services 5 1,247,470 1,177,420 1,289,290 111,870 9.50% 220000 Instructional Staff Services 6 1,961,589 2,059,426 2,204,915 145,489 7.06% 230000 General Administration 7 526,853 637,876 720,118 82,242 12.89% 240000 School Building Administration 8 2,648,975 2,719,954 2,711,868-8,086-0.30% 250000 Business Administration 9 7,798,984 7,030,138 9,802,887 2,772,749 39.44% 260000 Central Services 10 1,685,754 2,054,974 1,831,220-223,754-10.89% 270000 Insurance & Judgments 11 280,929 264,463 293,454 28,991 10.96% 280000 Debt Services 12 0 0 120,000 120,000 0.00% 290000 Other Support Services 13 158,790 4,931 8,500 3,569 72.38% 410000 Interfund Operating Transfers 14 4,049,558 4,685,692 4,612,260-73,432-1.57% 430000 Tuition Payments 15 1,351,169 1,392,132 1,717,897 325,765 23.40% 490000 Other Non-Program 16 67,142 2,828 5,000 2,172 76.80% TOTAL EXPENDITURES 45,835,706 45,975,001 50,870,673 4,895,672 10.65% 1 Teacher instructs over several subject areas (i.e., 1st Grade). 2 Teacher instructs in one area (i.e., math or science). 3 Activities of special needs students now accounted for in a separate Fund (27) - see 14. 4 Activities of special needs students not categorized under Special Curriculum. 5 Activities such as Guidance and Nursing. 6 Activities such as Curriculum Development and Library Services. 7 Activities related to the Board & Superintendent. 8 Activities of School Principal Offices. 9 Activities associated with Accounting, Custodial Services, Utilities, Maintenance & Transportation. 10 Activities such as marketing, district wellness, technology, phones, postage and printing. 11 Property and Casualty Insurance. 12 Capital Projects Borrowing for Indoor Facility 13 Retirement benefits transferred to the Post Retirement Benefit Trust. 14 Transfer of funds from General Fund to the Special Education Fund (27) and Fund 46 Capital Projects. 15 Tuition Payments including those for Open Enrollment. 16 Miscellaneous adjustments including payment back to Municipalities for uncollected taxes from previous year. 17
BUDGET ADOPTION, 2016-17 GENERAL FUND EXPENDITURES BY OBJECT DEFINITION OF OBJECT: Grouping of expenditures by expense category. Audited Unaudited Budget Dollar Percent Expenditures by Object 2014-15 2015-16 2016-17 Change Change 100 Salaries 21,644,727 22,276,990 23,491,674 1,214,684 5.45% 200 Benefits 8,339,879 7,938,568 8,266,653 328,085 4.13% 300 Purchased Services 1 7,993,789 7,466,750 10,969,572 3,502,822 46.91% 400 Non-Capital Objects 2 1,843,645 2,012,369 2,080,452 68,083 3.38% 500 Capital Objects 3 1,269,119 1,096,787 751,739-345,048-31.46% 600 Debt Retirement 4 0 0 120,000 120,000 100.00% 700 Insurance & Judgments 310,002 267,467 309,104 41,637 15.57% 800 Interfund Transfers 5 4,049,558 4,685,692 4,612,260-73,432-1.57% 900 Miscellaneous 384,986 230,377 269,219 38,842 16.86% TOTAL EXPENDITURES 45,835,705 45,975,000 50,870,673 4,895,673 10.65% Selected Object Definitions 1 Purchased Services Payments for services rendered by personnel who are not on the district payroll including capital project builders, architechts, etc. 2 Non-Capital Objects Supplies, materials and equipment with a value of less than $1,000 per unit. 3 Capital Objects Computers with a value over $500 per unit plus all other equipment, buildings and sites with a value over $1,000 per unit. 4 Debt Retirement Principal and interest payments for state trust fund loan. 5 Interfund Transfers Transfer of Funds from General Fund to the Special Education Fund (27) and Capital Projects Funds. 2016-17 PERCENTAGE OF EXPENDITURES BY OBJECT Purchased Services 14.72% Non-Capital Objects 4.45% Capital Objects 1.20% Insurance & Judgments 0.61% Benefits 16.25% Debt Retirement 0.02% Other 10.20% b Interfund Transfers 9.25% Miscellaneous 0.53% Salaries 46.18% Salaries Benefits Purchased Services 1 Non-Capital Objects 2 Capital Objects 3 Debt Retirement 4 Insurance & Judgments Interfund Transfers 5 Miscellaneous 18
FUNCTION BUDGET ADOPTION, 2016-17 GENERAL FUND EXPENDITURES BY FUNCTION (Continued) BUDGET COMPARISON BY FUNCTION Tuition Payments 15 2016-17 2015-16 Interfund Operating Transfers 14 Other Support Services 13 Debt Services 12 Insurance & Judgments 11 Central Services 10 Business Administration 9 School Building Administration 8 General Administration 7 Instructional Staff Services 6 Pupil Services 5 Special Needs 4 Co-Curricular Activities Special Curriculum 3 Physical Curriculum Vocational Curriculum Regular Curriculum 2 Undifferentiated Curriculum 1 $0 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 19
REVIEW OF MAJOR GENERAL FUND EXPENDITURE INCREASES/DECREASES BY OBJECT SALARIES 2016/2017 $23,491,674 2015/2016 22,276,990 Increase $ 1,214,684 Salaries are anticipated to increase by approximately 5.5%. This includes salaries for new staff approved by the board including additional staff to accommodate increased students at the high school level and in 5k at Sunrise and Westside as well as additional staff to accommodate ACP at the High School and Middle School. It also includes passing on the health insurance savings into salaries and additional teacher compensation for experience and educational attainment. Salary and benefits for Special Education staff are accounted for in the Special Education Fund. BENEFITS 2016/2017 $ 8,266,653 2015/2016 7,938,568 Increase $ 328,084 Benefits are anticipated to increase by approximately 4.1%. The increase in benefits is related to additional benefits due to additional staff, increased percentage of benefits based on increased wages and additional family vs single insurance plans. PURCHASED SERVICES 2016/2017 $10,969,572 2015/2016 7,466,750 Increase $3,502,823 Purchased Services include payments to third parties for services they provide. Significant Purchased Services include:open Enrollment tuition costs $1,537,750 Utilities $1,557,609, Busing $1,153,200 Operational Services (primarily cost of contracted Cleaning Service) $836,750, Maintenance Services - $3,990,660 and Contracted Personal (i.e. consultants, attorneys) Services $847,631 and a few other miscellaneous contracted service payments. Included in Maintenance Services this year is cost of the Indoor Athletic Facility and the remainder of the Westside Renovation. The Budget Increased by such a large amount due to carrying over $1.8 million from the 2015-2016 budget and allocating an additional $1.2 million from this year s budget for the Indoor Athletic Facility. In addition, the remainder of the Westside Renovation is included and utilities have a built in increase. 20
REVIEW OF MAJOR EXPENDITURE INCREASES/DECREASES BY OBJECT- CONTINUED NON-CAPITAL OBJECTS 2016/2017 $ 2,080,452 2015/2016 2,012,369 Increase $ 68,083 Non-Capital Object expenses include supplies, non-capital equipment (not considered a fixed asset) books, materials and computer software. To encourage better spending, unused supply budgets are allowed to be carried over into the next year. Included in the 2016/16 Budget are $950,759 for general supplies, $253,050 for computer software & components, $200,976 for media, $291,964 for textbooks, $147,136 for non-capital equipment and $75,000 for paper. The increase in the 2016-2017 Budget is related to the furniture purchase for Westside s remodel. CAPITAL OBJECTS 2016-2017 $ 751.739 2015-2016 $1,096,787 Decrease (- $345,048) Capital Objects include buildings, sites and equipment with a value over $1,000 per unit and computers with a value over $500 per unit. In addition, rental is included here and we paid for additional parking spots at Christ the King Church for the HS for 10 years. The district made various purchases in 2015-2016 that will not be made in 16-17. An additional box truck was purchased for the maintenance department as sharing with food service was not working well anymore, with the amount of moving various items between buildings that the department does. Percussion band instruments were purchased at the high school, as well as the curtain in the gym was replaced. Risers shared by the elementary/intermediate levels were also replaced. Significant 2015/16 purchases include $70,434 for chromebooks as part of our mobile student computing initiative, $272,590 for computer replacements at KHS as part of our 5-year rotation program, $168,684 for network switches as part of the technology capital plan, and $81,690 for copier/printer replacements and additions at the 4k level. 21
REVIEW OF MAJOR EXPENDITURE INCREASES/DECREASES BY OBJECT- CONTINUED OPERATIONAL DEBT 2016-2017 $120,000 2015-2016 0 Increase $120,000 Included in Operational Debt are installment purchase (Capital Lease) payments and short-term borrowing costs to meet cash flow needs. The additional $120,000 added to the budget for 2016-2017 is in anticipation of borrowing $1 million for the Indoor athletic facility spread out over 10 years with interest. INSURANCES 2016-2017 $309,104 2015-2016 $289,104 Increase $ 20,000 Included in insurances are costs associated with Liability, Property, Workers Compensation and Unemployment Insurance. Both Liability and Property Insurance are expected to decrease, however Property insurance is increasing due to assessed values being incorrect when we switched carriers last year and a new assessment was done. In addition, we budget higher for unemployment insurance, not really knowing what this amount might be. INTERFUND TRANSFERS 2016-2017 $4,612,260 2015-2016 4,685,692 Decrease ($- 73,432) All Special Education costs are accounted for in a separate Fund 27. Special Education costs not covered by state aid or federal grants must be transferred from the General Fund to Fund 27. This transfer is accounted for here. The interfund transfer is decreasing this year because we have not budgeted for a Fund 46 Capital Improvement transfer. We transferred $660,000 to Fund 46 for future capital project needs in 2015-2016. However, there is an increase in the amount of money that has to be transferred to the Special Education Fund in 2016/17 which is related to an increase in expenses mostly in salary and benefits. Additional aides and aide time was added in 16-17, as well as an additional elementary cross categorical teacher and a slight increase in speech and language teacher due to the additional students and needs. There is still a.5 Speech and Language teacher budgeted here that has not been filled since last year. Salary and benefit expenditures for Special Education Staff are budgeted to increase by $508,000. 22
REVIEW OF MAJOR EXPENDITURE INCREASES/DECREASES BY OBJECT- CONTINUED OTHER 2016-2017 $269,219 2015-2016 230,377 Increase $38,842 Other expenditures are generally associated with dues and fees for such things as memberships to professional organizations, registration fees, reimbursement for graduate school credits, co-curricular participation, license fees including software licenses, bank service charges, prior year Medicaid refunds and various other fees. A large portion of the increase was due to the increased credit card fees by allowing parents to pay fees online through Infinite Campus. A portion of this is offset through revenues with a fee to the parent. The remainder was just a general increase in fees each year. 23
BUDGET ADOPTION, 2016-17 SPECIAL PROJECTS FUNDS (FUND 21, 23 & 27) Special Project Funds are used to account for activities funded by specific sources for specific purposes. These include Fund 21 (gifts and donations for specific purposes such as playground equipment), Fund 23 (State Technology Grant that has been suspended) and Fund 27 (activities related to Special Education). Audited Unaudited Budget Dollar Percent 2014-15 2015-16 2016-17 Change Change 900000 Beginning Fund Balance 387,905 510,629 547,868 37,239 7.29% 900000 Ending Fund Balance 510,629 547,868 459,236-88,632-16.18% TOTAL REVENUES & OTHER FINANCING 7,532,407 7,493,640 8,116,493 622,853 8.31% 100000 Instruction 5,864,555 6,002,784 6,575,447 572,663 9.54% 200000 Support Services 1,337,902 1,328,897 1,506,178 177,281 13.34% 400000 Non-Program Transactions 207,226 124,720 123,500-1,220-0.98% TOTAL EXPENDITURES & OTHER FINANCING 7,409,683 7,456,401 8,205,125 748,724 10.04% DEBT SERVICE FUNDS (FUND 38 & 39) The Debt Service Fund is used to track revenues (primarily tax levy) and expenditures (principal & interest payments) associated with the retirement of long-term debt. "Long-term Capital Debt" (281000) is related to Sunrise, the High School, Mapleview and Woodland Building Referendum projects. We refinanced our debt in 2012-2013. As a result of this refinancing and other refinancings in 2011-12, future tax levies were reduced by approximately $3,451,118. Most likely our last opportunity for refinancing was in 2015-16 resulting in an additional reduction of $853,000 in debt. Total savings to Taxpayers through refinancing is $4.3 million. Audited Unaudited Budget Dollar Percent 2014-15 2015-16 2016-17 Change Change 900000 Beginning Fund Balance 485,787 424,916 333,158-91,758-21.59% 992000 Residual Equity Transfers In (Out) 0 0 0 0 0.00% 900000 Ending Fund Balance 424,916 333,158 292,758-40,400-12.13% TOTAL REVENUES & OTHER FINANCING 4,044,064 9,988,195 3,665,200-6,322,995-63.30% 281000 Long-Term Capital Debt 4,104,935 3,973,453 3,705,600-267,853-6.74% 282000 Refinancing 0 6,106,500 0-6,106,500 0.00% 283000 Long-Term Operational Debt 0 0 0 0 0.00% 289000 Other Long-Term Debt 0 0 0 0 0.00% 410000 Interfund Transfer 0 0 0 0 0.00% TOTAL EXPENDITURES & OTHER FINANCING 4,104,935 10,079,953 3,705,600-6,374,353-63.24% 842000 INDEBTEDNESS, END OF YEAR 26,470,000 23,135,000 19,965,000-3,170,000-13.70% CAPITAL PROJECT FUNDS (FUND 41, 45,46 & 49) The Capital Project Fund is used to account for financial resources involved in the acquisition of land and capital objects (i.e., classroom computers), construction of capital facilities (i.e., new building or major remodeling projects) or maintenance projects (i.e., new roof). A majority of the balance in this fund is Fund 41 Capital Projects money. Donations for future replacement of the turf are recorded here. In addition, Fund 46 was added to this category this year. Fund 46 was created to over time replace some of the expenditures that previously came out of Fund 41. The money deposited into Fund 46 can not be used for 5 years from when it was started in 2015, but the aid from the transfer from Fund 10 is realized immediately. $750,000 of Fund 41 Capital Improvement Fund has been budgeted as an expense for the Indoor Athletic Facility. 24
BUDGET ADOPTION, 2016-17 CAPITAL PROJECT FUNDS (FUND 41, 45, 46 & 49) Audited Unaudited Budget Dollar Percent 2014-15 2015-16 2016-17 Change Change 900000 Beginning Fund Balance 1,840,018 2,180,284 2,791,420 611,136 28.03% 992000 Residual Equity Transfers In (Out) 0 0 0 0 0.00% 900000 Ending Fund Balance 2,180,284 2,791,420 2,066,520-724,900-25.97% TOTAL REVENUES & OTHER FINANCING 560,697 690,845 25,100-665,745-96.37% 100000 Instruction 0 0 0 0 0.00% 200000 Support Services 220,431 79,709 750,000 670,291 840.92% 400000 Non-Program Transactions 0 0 0 0 0% TOTAL EXPENDITURES & OTHER FINANCING 220,431 79,709 750,000 670,291 840.92% FOOD SERVICE FUND (FUND 50) All receipts and expenditures for our school lunch program are recorded here. This program is contracted out to Chartwells, Inc., a Food Service Management Company. The goal of this Fund is for it to be self sustaining. We have been able to meet that goal. The past couple years student participation has decreased due to new mandates from Hungry Free Kids Act. Our new food service director has done some great things this year to make the meals more appealing to students and increase our participation in the lunch program. We will contine to work on providing our children healthy meals and making it appealing to students and their parents to eat at school. Audited Unaudited Budget Dollar Percent 2014-15 2015-16 2016-17 Change Change 900000 Beginning Fund Balance 214,253 256,702 250,257-6,445-2.51% 992000 Residual Equity Transfers In (Out) 0 0 0 0 0.00% 900000 Ending Fund Balance 256,702 250,257 273,788 23,531 9.40% TOTAL REVENUES & OTHER FINANCING 1,310,788 1,523,785 1,589,570 65,785 4.32% 200000 Support Services 1,268,339 1,530,230 1,566,039 35,809 2.34% 400000 Non-Program Transactions 0 0 0 0 0.00% TOTAL EXPENDITURES & OTHER FINANCING 1,120,016 1,530,230 1,566,039 35,809 2.34% EMPLOYEE BENEFIT TRUST (FUND 73) The District established a Trust in 2003/04 to help fund employee retirement benefits the District has been obligated to pay in the future. This Fund can only be used to pay retiree benefits. The District is not obligated to make payments to the Trust. The value of the Trust decreased by $405,912 in 2015-2016. This district did not make any contributions to the trust this year, due to it being fully funded to date. Interest income and realized gains (investment sold) were $145,366 These increases were offset by Trust fees of $68,476 and payments to retirees of $625,700. Per our most recent Actuarial Study, the Trust is funded beyond what it needs to be at this point. Not many school districts in the State or country are able to say this. The value of the Trust as of 6/30/16 was $9,329,808. Since the District's initial contribution into Wisconsin OPEB trust in April of 2012, the investment has gained approximately $1.435 Million in value. Audited Unaudited Budget Dollar Percent 2014-15 2015-16 2016-17 Change Change 900000 Beginning Fund Balance 9,602,619 9,735,720 9,329,808-405,912-4.17% 992000 Residual Equity Transfers In (Out) 0 0 0 0 0.00% 900000 Ending Fund Balance 9,735,720 9,329,808 9,223,314-106,494-1.14% TOTAL REVENUES & OTHER FINANCING 890,483 288,264 442,810 154,546 53.61% 200000 Support Services 68,827 68,476 68,500 24 0.04% 400000 Non-Program Transactions 688,545 625,700 480,804-144,896-23.16% TOTAL EXPENDITURES & OTHER FINANCING 757,372 694,176 549,304-144,872-20.87% 25
BUDGET ADOPTION, 2016-17 COMMUNITY SERVICE FUND (FUND 80) Fund 80 is used to account for community activities that are not directly related to school educational programs. The District's Community Fitness Center is accounted for in this Fund. The amount set aside to pay workers is $15,100, and $10,935 for equipment maintenance and replacement. All District facilities are open to the public. Over 10,000 events were scheduled and coordinated by a District secretary this past year. A portion of that individuals salary and benefits ($13079) are paid in Fund 80. A portion of salary and benefits ($5,550) for the employee that is responsible for Community Outreach Programs such as Senior Quest, Little Free Libraries and Mini-Makers is also paid for out of Fund 80. In addition, $3,000 has been set aside for supplies for these outreach programs. Lastly, a portion of an employees salary and benefits ($7,294 is paid out of Fund 80 to coordinate a County funded intervention program for youth in the community). This is funded with a grant that we receive. The Community Service Tax Levy will support $46,823 of the $56,002 Budgeted expenditures. Audited Unaudited Budget Dollar Percent 2014-15 2015-16 2016-17 Change Change 900000 Beginning Fund Balance 75,293 11,891 25,546 13,655 114.83% 992000 Residual Equity Transfers In (Out) 0 0 0 0 0.00% 900000 Ending Fund Balance 11,891 25,546 25,461-85 -0.33% TOTAL REVENUES & OTHER FINANCING 58,159 56,059 55,917-142 -0.25% 100000 Instruction 0 0 0 0 0.00% 200000 Support Services 0 0 0 0 0.00% 300000 Community Services 46,268 42,404 56,002 13,598 32.07% 400000 Non-Program Transactions 75,293 0 0 0 0.00% TOTAL EXPENDITURES & OTHER FINANCING 121,561 42,404 56,002 13,598 32.07% ALL FUNDS COMBINED Audited Unaudited Budget Dollar Percent 2014-15 2015-16 2016-17 Change Change TOTAL REVENUES & OTHER FINANCING 60,255,344 67,987,642 62,965,763-5,021,879-7.39% TOTAL EXPENDITURES & OTHER FINANCING 59,569,704 65,857,874 65,646,741-211,133-0.32% 26