FY School Board Adopted Budget Financial Highlights

FY 2018 School Board Adopted Budget Financial Highlights Adopted: May 1, 2017 Published: May 15, 2017 1

Major Budget Highlights 2

Agenda Item Details Meeting- May 01, 2017 - Regular Meeting, 5:30 p.m. Category - Action Items, 8:05 p.m. Subject - Adoption of the FY 2018 School Board Operating Budget and Revisions to the 2018-2022 Capital Improvement Plan (CIP) Budget (Grampp) Type - Action Recommended Action - That the School Board adopts its FY 2018 Budget including its 2018-2022 Capital Improvement Plan (CIP) Budget. BOARD MEMBER: Erin Grampp, Chair BACKGROUND INFORMATION: The School Board s FY 2018 budget was developed with feedback and input from various stakeholders, including students, principals, teachers, staff, parents and community leaders. The major budget highlights of the FY 2018 School Board budget include: Maintaining competitiveness in attracting and retaining highly skilled, dedicated, and essential employees by increasing compensation through a proposed 2% Cost of Living Adjustment (COLA); Managing mandatory cost increases in medical and vision health insurance (5.3% employer and 5% employee) and VRS rate (11%); Key Care 200 employee premiums have been adjusted to bring plan in balance with the same employer contribution for all plans; Modernization of health plan offerings enabling employees to choose the level of coverage that is best for their household Employee s choice of medical only, dental only, or both; Dental coverage premium split 75%/25% between employee and employer, respectively; Increases in debt service in accordance with the projects in the 2018-2022 CIP; Pilot Academic and Athletic Activity Bus Program for Post Oak Middle School and Spotsylvania High School communities; Reinstatement of hourly cafeteria aides at the elementary level as a Pilot Program (funded from Food Service Funds); Restore Academic and Athletic Stipends by 5%; Increase Substitute rates by $5 per day; Lower Athletic Fee from $75 to $50; REACH SPED program renovation (funded by CIP funds); 5% Increase for parts markup for the Joint Fleet Service Program; Across the board non-compensation reductions; Due to budget revenue shortfall, we will use the Health Insurance reserve to balance the budget; and Due to budget revenue shortfall, reduced positions to balance the budget. Mandatory costs and other student needs continue to outpace the increase in revenues; therefore, different options have been considered in modernizing health insurance plans and reallocation of funds. Overall, the FY 2018 School Board adopted budget represents a needs-based budget, which is aligned with the division s strategic plan. The 2018-2022 CIP includes capital maintenance, capital technology, and capital transportation projects based on educational program requirements. ADMINISTRATION'S RECOMMENDATION: That the School Board adopts its FY 2018 Budget including its 2018-2022 Capital Improvement Plan (CIP) Budget. 3

ESTIMATED COSTS: $316,729,279 Fund 1 - Commonwealth Governor's School $ 2,146,722 Fund 2 - Detention Center 1,035,364 Fund 3 - Food Services 10,599,132 Fund 4 - Regional Adult Education 770,596 Fund 7 - Fleet Service 2,760,110 Funds - 1, 2, 3, 4 & 7 $ 17,311,925 Fund 5 - Operating $ 272,055,907 Fund 5 - CIP 27,361,447 Grand Total $ 316,729,279 BUDGET CATEGORY: All Funds LEGAL REFERENCE: Code of Virginia, 1950, as amended, Section 2.2-4300 et seq. 4

Revenue Overview All Funds 5

Revenue Summary - All Funds Revenue FY14 FY15 FY16 FY17 FY18 $ % Actual Actual Actual Adopted Adopted Variance Change Budget Budget FUND BALANCE $ - $ - $ - $ - $ 1,381,776 $ 1,381,776 100.0% Subtotal $ - $ - $ - $ - $ 1,381,776 $ 1,381,776 100.0% STATE SALES TAX $ 22,937,498 $ 23,784,356 $ 24,566,289 $ 25,396,738 $ 25,441,630 $ 44,892 0.2% STATE FUNDS TOTAL 98,406,515 101,785,966 101,498,955 107,047,684 109,206,765 2,159,081 2.0% Subtotal $ 121,344,013 $ 125,570,322 $ 126,065,244 $ 132,444,422 $ 134,648,395 $ 2,203,973 1.7% FEDERAL FUNDS 13,383,260 14,183,588 14,251,099 14,863,633 15,995,238 1,131,605 7.6% CITY-COUNTY FUNDS 129,749,151 162,367,871 135,580,427 123,475,315 124,075,315 600,000 0.5% OTHER FUNDS 11,492,219 11,642,153 12,109,614 12,653,946 13,267,108 613,162 4.8% LOANS, BONDS, ETC 11,440,176 7,646,604 18,767,953 23,458,612 27,361,447 3,902,835 16.6% Subtotal $ 166,064,807 $ 195,840,216 $ 180,709,093 $ 174,451,506 $ 180,699,108 $ 6,247,602 3.6% Grand Total $ 287,408,820 $ 321,410,539 $ 306,774,337 $ 306,895,928 $ 316,729,279 $ 9,833,351 3.2% 6

Expenditure Overview by Fund 7

Expenditure Budget Overview by Fund - All Funds Fund Description FY14 FY15 FY16 FY17 FY18 $ % Actual Actual Actual Adopted Budget Adopted Budget Variance Change 1 GOVERNOR'S SCHOOL 1,788,550 1,890,613 1,892,234 2,162,010 2,146,722 (15,288) (0.7%) 2 DETENTION CENTER 919,262 918,175 916,654 1,046,409 1,035,364 (11,045) (1.1%) 3 FOOD SERVICES 8,704,718 8,625,566 9,107,087 9,776,526 10,599,132 822,606 8.4% 4 REGIONAL ADULT ED 680,784 638,961 689,177 775,460 770,596 (4,864) (0.6%) 5 CIP* 10,417,969 6,204,768 19,498,756 23,458,612 27,361,447 3,902,835 16.6% 5 OPERATING 258,710,111 295,670,748 271,822,597 267,028,113 272,055,907 5,027,794 1.9% 7 FLEET SERVICE 2,342,447 2,406,847 2,450,050 2,648,798 2,760,110 111,312 4.2% Grand Total $ 283,563,840 $ 316,355,676 $ 306,376,554 $ 306,895,928 $ 316,729,279 $ 9,833,351 3.2% * CIP - Capital Improvement plan 8

Expenditure Overview All Funds By Budget Category 9

Expenditure Budget Overview by Fund - All Funds Expenditures FY14 FY15 FY16 FY17 FY18 $ % Actual Actual Actual Adopted Adopted Variance Change Budget Budget INSTRUCTION $ 171,928,427 $ 179,084,434 $ 181,434,825 $ 188,062,517 $ 192,260,512 $ 4,197,995 2.2% ADMINISTRATION 8,813,355 9,369,637 9,715,960 10,295,640 10,479,453 183,813 1.8% TRANSPORTATION 18,819,537 19,229,915 19,526,940 20,469,543 20,764,384 294,841 1.4% MAINTENANCE 20,924,903 20,790,709 20,713,303 22,008,027 21,786,012 (222,015) (1.0)% CAPITAL PROJECTS 10,417,969 6,204,768 19,498,756 23,458,612 27,361,447 3,902,835 16.6% TECHNOLOGY 6,885,105 7,287,846 7,421,013 8,223,139 8,714,069 490,930 6.0% DEBT SERVICE 37,185,483 65,870,221 39,222,690 25,295,582 25,581,896 286,314 1.1% FOOD SERVICE 8,589,061 8,518,146 8,843,068 9,082,868 9,781,506 698,638 7.7% Subtotal 283 563 840 316 355 676 306 376 554 306 895 928 316 729 279 9 833 351 3 2% Grand Total $ 283,563,840 $ 316,355,676 $ 306,376,554 $ 306,895,928 $ 316,729,279 $ 9,833,351 3.2% 10

Expenditure Overview by Generic Object All Funds 11

Expenditure Summary by Generic Objects - All Funds FY14 FY15 FY16 FY17 FY18 $ % Actual Actual Actual Adopted Adopted Variance Change Budget Budget 1000 SALARIES/WAGES $ 139,210,287 $ 140,833,662 $ 144,701,036 $ 148,258,666 $ 149,652,870 $ 1,394,204 0.9% 2000 EMPLOYEE BENEFITS 58,541,044 64,912,920 61,598,343 69,251,744 73,166,131 3,914,387 5.7% Total $ 197,751,331 $ 205,746,581 $ 206,299,380 $ 217,510,410 $ 222,819,000 $ 5,308,590 2.4% 3000 PURCHASED SERVICES $ 22,423,589 $ 21,608,445 $ 30,285,914 $ 31,104,418 $ 39,467,903 $ 8,363,485 26.9% 5000 OTHER CHARGES 9,286,442 9,419,374 8,728,848 10,333,073 9,689,056 (644,017) (6.2%) 6000 MATERIALS & SUPPLIES 12,416,469 11,598,316 16,259,094 17,900,098 14,148,027 (3,752,071) (21.0%) 8000 CAPITAL OUTLAY 4,517,927 2,664,815 5,590,229 4,784,347 5,055,397 271,050 5.7% 9000 DEBT SERVICES 37,168,083 65,318,146 39,213,090 25,263,582 25,549,896 286,314 1.1% Total $ 85,812,509 $ 110,609,095 $ 100,077,174 $ 89,385,518 $ 93,910,278 $ 4,524,760 5.1% Grand Total $ 283,563,840 $ 316,355,676 $ 306,376,554 $ 306,895,928 $ 316,729,279 $ 9,833,351 3.2% 12

FY18 Expenditure Summary by Object All Funds 13

Fiscal Year 2018 Expenditure Summary by Object - All Funds Object Description Fund 1 Governor's School Fund 2 Detention Center Fund 3 Food Services Fund 4 Regional Adult Ed Fund 5 Cip* Fund 5 Operating Fund 7 Fleet Service Total 1110 COMP OF DIRECTORS $ 118,796 $ - $ - $ - $ - $ 2,098,090 $ 116,863 $ 2,333,749 1111 COMP OF BOARD MEMBERS - - - - - 84,000-84,000 1112 COMP OF SUPERINTENDENT - - - - - 195,000-195,000 1113 COMP OF ASST SUPTS - - - - - 294,059-294,059 1115 TRAVEL ALLOWANCE - - - - - 18,400-18,400 1116 RECERTIFICATION SPCLST - - - - - 89,046-89,046 1117 SPECIALISTS - - - - - 136,174-136,174 1121 COMP OF TEACHERS 725,659 518,604-486,795-94,525,805-96,256,863 1123 COORDINATOR - - - - - 1,151,077-1,151,077 1124 COMP OF INST SUPERVISORS - - - - - 193,988-193,988 1126 COMP OF PRINCIPALS - 118,273 - - - 3,622,263-3,740,536 1127 COMP OF ASS'T PRINCIPALS - - - - - 3,344,635-3,344,635 1130 COMP-PROF SUPV PERSONNEL - - 640,907 - - 514,167-1,155,074 1131 COMP OF SCHOOL NURSES - - - - - 1,385,094-1,385,094 1132 COMP OF PSYCHOLOGISTS - - - - - 997,928-997,928 1134 COMP OF SOCIAL WORKERS - - - - - 1,096,854-1,096,854 1135 SUPERVISOR - - - - - 245,667-245,667 1136 SUPERVISOR - MAINTENANCE - - - - - 195,679-195,679 1139 COMP OF THERAPISTS - - - - - 631,560-631,560 1140 COMP-TECHNICAL PERSONNEL 89,286 - - - - 1,530,526-1,619,812 1141 COMP OF TEACHER ASS'TS - - - 14,774-8,712,867-8,727,641 1142 COMP-HEALTH/SAFETY OFFICE - - - - - 261,809-261,809 1145 COMP OF CAFETERIA WORKERS - - 536,419 - - - - 536,419 1150 COMP OF CLERICAL STAFF 55,374 43,590 41,255 70,167-5,794,511 85,830 6,090,727 1161 COMP OF MAINT EMPLOYEES - - 40,202 - - 2,621,983-2,662,185 1165 COMP OF MECHANICS - - - - - - 735,658 735,658 1170 DRIVER PAY - - - - - 5,394,340-5,394,340 1191 COMP OF CUSTODIANS - - - - - 2,000,511-2,000,511 1260 COMP OF MECHANICS - O/T - - - - - - 3,500 3,500 1261 COMP OF MAINTENANCE - O/T - - - - - 68,000-68,000 1282 DRIVER OVER 20 HOURS - - - - - 1,010,419-1,010,419 1284 DRIVER OVER 40 HOURS - - - - - 10,000-10,000 1285 AIDES OVER 20 HOURS - - - - - 173,778-173,778 1286 AIDES OVER 40 HOURS - - - - - 3,000-3,000 1290 CUSTODIANS/OVERTIME/SUBS - - - - - 44,063-44,063 1291 OVERTIME-FLSA - - - - - 70,000-70,000 1321 COMP OF HOMEBOUND TCHRS - - - - - 117,348-117,348 1339 THERAPISTS - PART-TIME - - - - - 73,836-73,836 1340 DRIVER AIDE - - - - - 658,879-658,879 1350 CLERICAL - PART-TIME - - - 6,625-54,281-60,906 1361 MAINTENANCE - SUMMER - - - - - 181,188-181,188 1520 COMP OF SUB TEACHERS - 6,000 - - - 2,060,008-2,066,008 1521 COMP-NURSING SUBSTITUTE - - - - - 60,438-60,438 1535 CAFETERIA MONITORS - - 174,640 - - - - 174,640 1540 CLERICAL - SUBS/OVERTIME - - - - - 34,359-34,359 1544 NON-CONTRACTED DRIVER - - - - - 92,400-92,400 1545 NON-CONTRACTED BUS AIDE - - - - - 25,256-25,256 1600 COMP - SUPPLEMENTS - - - - - 1,250,279 6,200 1,256,479 1610 SUPPLEMENTAL PAY - - 38,000 1,475-1,597,780-1,637,255 1611 SUPP PAY/SUMMER ENRICHMT 3,000 - - - - - - 3,000 1620 NON-CONTRACTED COMP - - 14 - - - 8,128-8,128

Fiscal Year 2018 Expenditure Summary by Object - All Funds Object Description Fund 1 Governor's School Fund 2 Detention Center Fund 3 Food Services Fund 4 Regional Adult Ed Fund 5 Cip* Fund 5 Operating Fund 7 Fleet Service Total 1630 FACILITY USE - OVERTIME - - 1,000 - - 40,000-41,000 1650 NATIONAL BOARD TCHR BONUS - - - - - 204,505-204,505 2100 FICA 73,050 50,202 98,700 43,296-10,383,131 68,183 10,716,562 2210 VRS (PLAN 1 & 2) 157,570 95,173 139,628 29,765-18,494,704 70,214 18,987,053 2220 VRS (HYBRID) 3,854 15,880 7,714 - - 2,807,355 13,643 2,848,445 2300 HOSPITALIZATION 124,723 111,715 558,300 44,238-29,093,513 193,349 30,125,837 2301 RETIREE HEALTH INSURANCE - - 119,965 - - 3,541,520 29,120 3,690,605 2303 RETIREE PRESCRI DRUG PROG - - 67,274 - - 997,631-1,064,905 2310 DENTAL INSURANCE 5,739 5,260 24,813 2,083-1,313,941 8,830 1,360,665 2311 RETIREE DENTAL INSURANCE - - 2,914 - - 115,985 1,370 120,269 2400 GROUP LIFE INSURANCE 12,957 8,914 16,063 2,389-1,774,013 12,283 1,826,619 2500 DISABILITY INS (PLAN 1&2) 2,435 1,548 4,030 501-324,116 1,977 334,606 2510 DISABILITY INS (HYBRID) 78 321 185 - - 59,943 680 61,208 2705 SUPERINTENDENT'S ANNUITY - - - - - 12,000-12,000 2710 ANNUITY FOR NON-VRS EMP. - - - - - 36,000-36,000 2750 RETIREE HEALTH CREDIT 12,166 8,370 8,391 2,243-1,564,408 2,763 1,598,341 2800 RETIREE SICK LEAVE PAY - - 14,355 - - 105,979-120,334 2810 ANNUAL LEAVE PAYOFF - - - - - 257,991 4,690 262,681 3000 PURCHASED SERVICES 75,000 5,200 60,000 16,750 18,333,000 3,426,914 54,500 21,971,364 3001 PROFESSIONAL IMPROVEMENT - 8,000 375 4,000-543,127 2,804 558,306 3002 PRINTING/BINDING 4,000 - - - - 21,024-25,024 3005 PARTNERSHIPS - - - - - 1,500-1,500 3006 WORKER'S COMPENSATION - - 49,254 - - 516,953-566,207 3007 RECRUITING EXPENSES - - - - - 12,010-12,010 3008 STAFF TRAINING - - - - - 2,454-2,454 3009 STUDENT TRAINING - - - - - 3,364-3,364 3014 VERIZON MAINTENANCE 50,000 - - - - - - 50,000 3015 FEES & RELATED SERVICES - - 7,125,245 - - 19,605-7,144,850 3017 UNIFORM RENTALS - - - - - 9,874 4,500 14,374 3101 INSTRUCTIONAL DEVELOPMENT 10,000 - - - - - - 10,000 3104 FIELD TRIPS 75,000 - - - - - - 75,000 3110 MEDICAL SERVICES - - - - - 15,020-15,020 3133 TESTING SERVICES - - - - - 15,000-15,000 3180 LEGAL FEES - - - - - 117,254-117,254 3308 VEHICLE REPAIRS 1,200 - - - - 135,309-136,509 3309 BUS REPAIRS - - - - - 1,985,426-1,985,426 3310 REPAIRS TO EQUIPMENT - - 18,000 - - 167,990 3,500 189,490 3311 MAINT SERVICES - BLDGS - - - - - 80,000-80,000 3313 TECHNICAL MAINTENANCE - - - - - 503,186-503,186 3314 OTHER BUS REPAIRS - - - - - 10,000-10,000 3320 MAINTENANCE CONTRACTS - - - 1,512-2,966,012 14,197 2,981,721 3321 LEASE/RENTAL CONTRACTS - - - - - 1,599-1,599 3322 XEROX MAINTENANCE 3,000 - - - - - - 3,000 3330 D P SOFTWARE SUPPORT - - - - - 362,302-362,302 3420 IN-LIEU-OF TRANSPORTATION - - - - - 20,883-20,883 3430 TRANS SERVICE BY CONTRACT - - - - - 151,000-151,000 3600 ADVERTISING - - - - - 7,766-7,766 3612 ROBOTICS/TEAM COACHING 5,500 - - - - - - 5,500 3840 REGIONAL TUITION - - - - - 2,447,794-2,447,794 5101 ELECTRICITY - - - - - 5,453,877 75,000 5,528,877 5102 FUEL OIL/GAS - - - - - 1,500,000 15,000 1,515,000 15

Fiscal Year 2018 Expenditure Summary by Object - All Funds Object Description Fund 1 Governor's School Fund 2 Detention Center Fund 3 Food Services Fund 4 Regional Adult Ed Fund 5 Cip* Fund 5 Operating Fund 7 Fleet Service Total 5103 WATER/SEWAGE FEES - - - - - 791,256 4,389 795,645 5201 POSTAGE 1,000-4,000 - - 58,581-63,581 5202 UPS SERVICE - - - - - 1,769-1,769 5203 TELEPHONE 6,463-1,000 680-202,599 1,043 211,785 5204 DATA COMMUNICATION LINES - 300 - - - 203,259-203,559 5205 SITE CONNECTIONS 130,000 - - - - - - 130,000 5300 FIRE & LIABILITY INS 2,055 - - - - 323,064-325,119 5302 UNEMPLOYMENT COMP INS - - - - - 25,681-25,681 5309 FLEET INSURANCE - - - - - 104,494 1,500 105,994 5401 LEASE/RENTALS 9,344 2,000 5,000 397-383,061 2,300 402,102 5500 TRAVEL 8,500-10,000 2,933-211,309 100 232,842 5800 MISCELLANEOUS - - - - - 32,000-32,000 5801 DUES/LICENSES - - 350 - - 36,619 499 37,468 5806 SUBSCRIPTIONS/JOURNALS - - - - - 578-578 5810 MEMBERSHIPS (PROGRAMS) - - - - - 18,981-18,981 5811 MEMBERSHIPS (DIVISION) - - - - - 58,075-58,075 6000 MATERIALS & SUPPLIES 93,578 23,016 77,600 39,973-2,314,058-2,548,225 6001 OFFICE SUPPLIES - - 30,000 - - 166,109 1,500 197,609 6002 TEXTBOOKS - - - - - 184,106-184,106 6004 MEDICAL & DENTAL SUPPLIES - - - - - 63,747-63,747 6005 CUSTODIAL SUPPLIES - - - - - 231,711-231,711 6006 AGRICULTURAL SUPPLIES - - - - - 23,914-23,914 6007 BUILDING SUPPLIES - - - - - 347,000-347,000 6008 GASOLINE/OIL/LUBRICANTS 2,500-500 - - 1,337,676 10,000 1,350,676 6009 REPAIR PARTS/SUPPLIES - - 304,054 - - 415,734 852,177 1,571,965 6011 LIBRARY BOOKS & SUPPLIES - - - - - 289,748-289,748 6012 OTHER OPERATING SUPPLIES - - - - - 18,689 9,996 28,685 6014 ATHLETIC SUPPLIES - - - - - 45,167-45,167 6015 COMPUTER SUPPL/SOFTWARE 26,000 - - - - 1,429,698 2,545 1,458,243 6016 TESTING MATERIALS - - - - - 70,965-70,965 6017 UNIFORMS - - - - - 2,229 1,000 3,229 6018 SAFETY SUPPLIES - - - - - 1,877-1,877 6019 OTHER EXPENSES FOR BOARD - - - - - 1,500-1,500 6024 TECHNOLOGY SUPPLIES - - - - 4,432,500 68,000-4,500,500 6028 TIRES & TUBES - NEW - - - - - - 190,000 190,000 6029 TIRES - RECAPPED - - - - - - 62,000 62,000 6030 CLEANING SUPPLIES - - - - - - 1,500 1,500 6034 ASSISTIVE TECHNOLOGY - - - - - 32,300-32,300 6035 COMPUTER SOFTWARE - - - - - 63,014-63,014 6036 COMPUTER SUPPLIES - - - - - 124,978-124,978 6041 SCHOOL SUPPORT SUPPLIES - - - - - 49,537-49,537 6042 PARENT EDUCATION SUPPLIES - - - - - 1,500-1,500 6045 BAND SUPPLIES - - - - - 56,591-56,591 6046 ACADEMIC ACTIVITIES SUPP - - - - - 21,470-21,470 6049 FLUIDS/LUBRICANTS - - - - - - 63,000 63,000 6060 FOOD - - - - - 25,159-25,159 6092 EMPLOYEE RECOGNITION PROG - - - - - 6,000-6,000 6093 INSTRUCT PROGRAM SUPPLIES - - - - - 16,900-16,900 6095 GUIDANCE SUPPLIES - - - - - 6,651-6,651 6100 STRINGS PROGRAM SUPPLIES - - - - - 37,427-37,427 6101 TESTING SUPPLIES - - - - - 16,137-16,137 16

Fiscal Year 2018 Expenditure Summary by Object - All Funds Object Description Fund 1 Governor's School Fund 2 Detention Center Fund 3 Food Services Fund 4 Regional Adult Ed Fund 5 Cip* Fund 5 Operating Fund 7 Fleet Service Total 6102 SUPPLEMENTAL MATERIALS - - - - - 44,769-44,769 6104 CHORUS PROGRAM - - - - - 18,072-18,072 6150 REIMBURSEMENT-FACILTY USE - - - - - 2,795-2,795 6151 ATHLETIC TRAINER SUPPLIES - - - - - 8,811-8,811 6152 TRAINING MATERIALS - - - - - 3,213-3,213 6158 FURNISHINGS-REPL-UNDER 5K - - - - - 100,000-100,000 6300 INSTR. SUPPLEMENTAL MAT. 55,000 - - - - - - 55,000 6301 TECH MAINT/UPGRADES 195,695 - - - - - - 195,695 6302 SUM/NEW STUDENT ORIENT 1,200 - - - - - - 1,200 6303 SUMMER ENRICHMENT 7,000 - - - - - - 7,000 6500 DONATIONS-SPECIAL PROGRAM - - - - - 18,178 264 18,442 8100 REPLACEMENT EQUIPMENT - 13,000 379,000 - - 17,131 27,000 436,131 8101 REPLACEMENT OF BUSES - - - - 4,039,836 - - 4,039,836 8200 NEW EQUIPMENT - - - - 314,794 18,675 4,644 338,113 8201 BUSES - ADDITIONAL - - - - 241,317 - - 241,317 9101 PRINCIPAL - BONDS - - - - - 18,686,059-18,686,059 9201 INTEREST - BONDS - - - - - 6,863,837-6,863,837 Grand Total $ 2,146,722 $ 1,035,364 $ 10,599,132 $ 770,596 $ 27,361,447 $ 272,055,907 $ 2,760,110 $ 316,729,279 17

FY17 vs. FY18 Expenditure Summary by Object All Funds Less CIP 18

Expenditure Summary by Object - All Funds Less CIP Object FY14 FY15 FY16 FY17 FY18 $ % Actual Actual Actual Adopted Adopted Variance Change Budget Budget 1110 COMP OF DIRECTORS $ 1,834,283 $ 1,942,443 $ 2,220,150 $ 2,285,164 $ 2,333,749 $ 48,585 2.1% 1111 COMP OF BOARD MEMBERS 84,000 84,000 84,000 84,000 84,000-0.0% 1112 COMP OF SUPERINTENDENT 170,000 190,000 190,000 190,000 195,000 5,000 2.6% 1113 COMP OF ASST SUPTS 269,809 274,405 282,638 288,292 294,059 5,767 2.0% 1115 TRAVEL ALLOWANCE 14,400 15,400 15,400 15,400 18,400 3,000 19.5% 1116 RECERTIFICATION SPCLST 80,265 83,095 85,588 87,300 89,046 1,746 2.0% 1117 SPECIALISTS 249,507 194,198 200,026 204,028 136,174 (67,854) (33.3%) 1121 COMP OF TEACHERS 89,281,181 91,023,939 92,692,839 95,558,762 96,256,863 698,101 0.7% 1123 COORDINATOR 838,033 943,402 1,077,990 1,101,165 1,151,077 49,912 4.5% 1124 COMP OF INST SUPERVISORS 247,844 270,345 186,453 190,183 193,988 3,805 2.0% 1126 COMP OF PRINCIPALS 3,462,816 3,552,154 3,578,396 3,660,608 3,740,536 79,928 2.2% 1127 COMP OF ASS'T PRINCIPALS 2,889,986 3,063,840 3,197,983 3,266,880 3,344,635 77,755 2.4% 1130 COMP-PROF SUPV PERSONNEL 1,054,872 1,045,438 1,041,781 1,056,377 1,155,074 98,697 9.3% 1131 COMP OF SCHOOL NURSES 1,324,433 1,369,264 1,344,438 1,417,969 1,385,094 (32,875) (2.3%) 1132 COMP OF PSYCHOLOGISTS 640,772 703,061 799,005 907,583 997,928 90,345 10.0% 1134 COMP OF SOCIAL WORKERS 774,830 842,162 1,049,372 1,120,884 1,096,854 (24,030) (2.1%) 1135 SUPERVISOR 63,632 65,636 123,874 251,665 245,667 (5,998) (2.4%) 1136 SUPERVISOR - MAINTENANCE 73,699 83,872 95,259 97,165 195,679 98,514 101.4% 1139 COMP OF THERAPISTS 451,966 405,008 444,436 490,019 631,560 141,541 28.9% 1140 COMP-TECHNICAL PERSONNEL 1,371,011 1,484,554 1,520,769 1,654,569 1,619,812 (34,757) (2.1%) 1141 COMP OF TEACHER ASS'TS 8,073,709 8,742,491 8,962,064 8,694,858 8,727,641 32,783 0.4% 1142 COMP-HEALTH/SAFETY OFFICE 253,270 269,332 255,280 268,054 261,809 (6,246) (2.3%) 1145 COMP OF CAFETERIA WORKERS 565,531 582,715 575,716 566,164 536,419 (29,745) (5.3%) 1146 NURSE PRACTITIONER 105,910 110,856 5,388 - - - 0.0% 1147 EDUCATIONAL DIAGNOSTICIAN 139,483 89,371 74,432 65,681 - (65,681) (100.0%) 1150 COMP OF CLERICAL STAFF 5,543,769 5,656,193 5,860,991 6,010,170 6,090,727 80,557 1.3% 1161 COMP OF MAINT EMPLOYEES 2,290,599 2,448,640 2,459,371 2,613,643 2,662,185 48,542 1.9% 1165 COMP OF MECHANICS 640,653 662,431 674,945 727,516 735,658 8,142 1.1% 1170 DRIVER PAY 4,695,400 4,790,212 5,040,988 5,321,039 5,394,340 73,301 1.4% 1191 COMP OF CUSTODIANS 2,240,732 2,307,302 2,148,105 2,332,165 2,000,511 (331,654) (14.2%) 1260 COMP OF MECHANICS - O/T 939 568 6,280 3,500 3,500-0.0% 1261 COMP OF MAINTENANCE - O/T 97,548 98,557 117,252 68,000 68,000-0.0% 1282 DRIVER OVER 20 HOURS 956,202 1,056,821 1,166,577 1,010,419 1,010,419-0.0% 1284 DRIVER OVER 40 HOURS 61,854 123,928 205,709 10,000 10,000-0.0% 1285 AIDES OVER 20 HOURS 149,476 174,934 230,739 173,778 173,778-0.0% 1286 AIDES OVER 40 HOURS 10,015 24,220 36,945 3,000 3,000-0.0% 1288 NON-CONTRACT DRIVER > 40 2,164 7,696 12,016 - - - 0.0% 1290 CUSTODIANS/OVERTIME/SUBS 96,242 84,104 145,081 44,063 44,063-0.0% 1291 OVERTIME-FLSA 26,465 28,448 23,457 70,000 70,000-0.0% 1292 DRIVER TRAINING - 14,781 26,919 - - - 0.0% 1294 NON-CONTRACT AIDES > 40 2,029 2,511 5,036 - - - 0.0% 1296 BUS AIDE TRAINING - 1,163 4,544 - - - 0.0% 1321 COMP OF HOMEBOUND TCHRS 161,875 194,289 199,461 117,348 117,348-0.0% 1339 THERAPISTS - PART-TIME 121,173 87,978 99,830 136,600 73,836 (62,764) (45.9%) 1340 DRIVER AIDE 425,825 476,299 580,462 657,658 658,879 1,221 0.2% 1350 CLERICAL - PART-TIME 25,121 39,295 91,724 54,281 60,906 6,625 12.2% 1361 MAINTENANCE - SUMMER 157,064 167,463 152,125 181,188 181,188-0.0% 1520 COMP OF SUB TEACHERS 1,588,145 1,719,865 2,015,416 1,972,778 2,066,008 93,230 4.7% 1521 COMP-NURSING SUBSTITUTE 83,252 59,510 38,262 60,438 60,438-0.0% 1535 CAFETERIA MONITORS - - - - 174,640 174,640 100.0% 1540 CLERICAL - SUBS/OVERTIME 33,770 22,154 29,895 34,359 34,359-0.0% 1544 NON-CONTRACTED DRIVER 311,402 249,410 211,104 92,400 92,400-0.0% 19

Expenditure Summary by Object - All Funds Less CIP Object FY14 FY15 FY16 FY17 FY18 $ % Actual Actual Actual Adopted Adopted Variance Change Budget Budget 1545 NON-CONTRACTED BUS AIDE 138,493 142,435 243,723 25,256 25,256-0.0% 1600 COMP - SUPPLEMENTS 1,309,057 1,133,773 1,164,279 1,202,104 1,256,479 54,375 4.5% 1610 SUPPLEMENTAL PAY 1,076,176 1,340,198 1,328,844 1,524,560 1,637,255 112,695 7.4% 1611 SUPP PAY/SUMMER ENRICHMT 2,275 2,800 2,538 3,000 3,000-0.0% 1620 NON-CONTRACTED COMP 4,859 917 2,252 6,128 8,128 2,000 32.6% 1630 FACILITY USE - OVERTIME 11,364 5,397 10,724 76,000 41,000 (35,000) (46.1%) 1650 NATIONAL BOARD TCHR BONUS - 270,821 233,795 204,505 204,505-0.0% 1997 ATTENDANCE BONUS - 7,567 28,375 - - - 0.0% 1998 BONUS - ONE TIME 2,631,105 - - - - - 0.0% 2100 FICA 9,999,267 10,154,135 10,417,930 10,695,993 10,716,562 20,537 0.2% 2210 VRS (PLAN 1 & 2) 16,059,445 17,689,302 16,443,160 17,774,316 18,987,053 1,212,737 6.8% 2220 VRS (HYBRID) 9,710 616,147 1,728,991 1,750,826 2,848,445 1,097,619 62.7% 2300 HOSPITALIZATION 25,461,645 24,192,126 23,525,563 28,481,979 30,125,837 1,643,858 5.8% 2301 RETIREE HEALTH INSURANCE 2,875,184 3,989,475 3,218,370 3,690,605 3,690,605-0.0% 2303 RETIREE PRESCRI DRUG PROG 682,176 814,910 932,790 922,919 1,064,905 141,986 15.4% 2310 DENTAL INSURANCE 1,393,007 1,391,067 1,428,513 1,709,220 1,360,665 (348,555) (20.4%) 2311 RETIREE DENTAL INSURANCE 136,356 129,663 140,630 160,799 120,269 (40,530) (25.2%) 2400 GROUP LIFE INSURANCE 1,515,815 1,549,435 1,585,341 1,813,797 1,826,619 12,822 0.7% 2500 DISABILITY INS (PLAN 1&2) - 348,374 333,041 350,158 334,606 (15,552) (4.4%) 2510 DISABILITY INS (HYBRID) 386 14,931 42,356 41,686 61,208 19,522 46.8% 2705 SUPERINTENDENT'S ANNUITY 10,000 10,000 10,000 10,000 12,000 2,000 20.0% 2710 ANNUITY FOR NON-VRS EMP. 8,560 10,400 13,450 36,000 36,000-0.0% 2750 RETIREE HEALTH CREDIT - 1,284,097 1,315,085 1,430,194 1,598,341 168,147 11.8% 2800 RETIREE SICK LEAVE PAY 134,666 363,430 161,327 120,571 120,334 (237) (0.2%) 2810 ANNUAL LEAVE PAYOFF 251,514 304,397 301,795 262,681 262,681-0.0% 2811 MAKE WHOLE PROVISION 262 - - - - - 0.0% 2812 ERIP INCENTIVE 3,051 2,051,030 - - - - 0.0% 3000 PURCHASED SERVICES 3,713,068 4,085,389 4,638,011 3,898,974 3,638,364 (260,610) (6.7%) 3001 PROFESSIONAL IMPROVEMENT 405,015 509,640 649,567 551,870 558,306 6,436 1.2% 3002 PRINTING/BINDING 20,867 10,116 15,084 25,910 25,024 (886) (3.4%) 3005 PARTNERSHIPS - 811 15 1,500 1,500-0.0% 3006 WORKER'S COMPENSATION 527,060 469,716 506,498 580,207 566,207 (14,000) (2.4%) 3007 RECRUITING EXPENSES 14,371 10,418 11,661 12,010 12,010-0.0% 3008 STAFF TRAINING 4,451 1,251 2,218 2,454 2,454-0.0% 3009 STUDENT TRAINING - - - 3,364 3,364-0.0% 3013 PEM PPURCHASED SERVICES 7,065 - - - - - 0.0% 3014 VERIZON MAINTENANCE 25,283 11,216 28,141 30,000 50,000 20,000 66.7% 3015 FEES & RELATED SERVICES 6,133,817 6,131,450 6,574,841 6,584,739 7,144,850 560,111 8.5% 3017 UNIFORM RENTALS 13,443 13,055 14,188 14,374 14,374-0.0% 3101 INSTRUCTIONAL DEVELOPMENT 6,246 4,167 7,448 8,000 10,000 2,000 25.0% 3104 FIELD TRIPS 49,009 61,863 67,167 60,000 75,000 15,000 25.0% 3110 MEDICAL SERVICES 7,287 8,326 10,568 14,020 15,020 1,000 7.1% 3133 TESTING SERVICES 6,892 3,834 16,785 6,900 15,000 8,100 117.4% 3180 LEGAL FEES 109,170 90,847 281,167 117,254 117,254-0.0% 3308 VEHICLE REPAIRS 96,720 111,009 129,761 124,585 136,509 11,924 9.6% 3309 BUS REPAIRS 1,785,116 1,887,927 1,867,451 1,925,664 1,985,426 59,762 3.1% 3310 REPAIRS TO EQUIPMENT 174,205 156,915 108,959 221,652 189,490 (32,162) (14.5%) 3311 MAINT SERVICES - BLDGS 77,443 77,138 74,822 80,000 80,000-0.0% 3313 TECHNICAL MAINTENANCE 516,407 413,307 611,226 581,407 503,186 (78,221) (13.5%) 3314 OTHER BUS REPAIRS 34,978 6,080 51,227 10,000 10,000-0.0% 3320 MAINTENANCE CONTRACTS 2,581,769 2,578,672 2,585,111 2,742,825 2,981,721 238,896 8.7% 3321 LEASE/RENTAL CONTRACTS 805 1,167 2,288 1,599 1,599-0.0% 20

Expenditure Summary by Object - All Funds Less CIP Object FY14 FY15 FY16 FY17 FY18 $ % Actual Actual Actual Adopted Adopted Variance Change Budget Budget 3322 XEROX MAINTENANCE 3,685 2,689 2,732 3,000 3,000-0.0% 3330 D P SOFTWARE SUPPORT 87,512 85,313 127,639 359,587 362,302 2,715 0.8% 3420 IN-LIEU-OF TRANSPORTATION 12,850-3,458 17,883 20,883 3,000 16.8% 3430 TRANS SERVICE BY CONTRACT - 46,843 39,715 40,000 151,000 111,000 277.5% 3600 ADVERTISING 6,490 7,004 9,036 11,346 7,766 (3,580) (31.6%) 3612 ROBOTICS/TEAM COACHING 5,000 5,000 5,500 5,500 5,500-0.0% 3840 REGIONAL TUITION 1,367,131 1,461,523 2,113,881 2,347,794 2,447,794 100,000 4.3% 5101 ELECTRICITY 5,036,271 5,219,712 5,369,282 5,242,726 5,528,877 286,151 5.5% 5102 FUEL OIL/GAS 2,112,832 1,401,593 969,865 2,100,233 1,515,000 (585,233) (27.9%) 5103 WATER/SEWAGE FEES 624,018 674,499 796,974 808,762 795,645 (13,117) (1.6%) 5201 POSTAGE 46,415 74,126 60,147 76,283 63,581 (12,702) (16.7%) 5202 UPS SERVICE 1,337 1,490 736 1,769 1,769-0.0% 5203 TELEPHONE 182,748 188,560 154,484 250,438 211,785 (38,653) (15.4%) 5204 DATA COMMUNICATION LINES 139,048 171,566 118,567 203,559 203,559-0.0% 5205 SITE CONNECTIONS 94,405 93,236 69,322 160,000 130,000 (30,000) (18.8%) 5300 FIRE & LIABILITY INS 281,897 305,239 320,871 325,093 325,119 26 0.0% 5302 UNEMPLOYMENT COMP INS 14,512 4,302 28,783 25,681 25,681-0.0% 5309 FLEET INSURANCE 103,746 98,418 87,251 130,994 105,994 (25,000) (19.1%) 5401 LEASE/RENTALS 363,201 375,499 415,945 384,441 402,102 17,661 4.6% 5500 TRAVEL 128,843 132,515 135,124 250,462 232,842 (17,620) (7.0%) 5800 MISCELLANEOUS 17,400 20,500 9,600 32,000 32,000-0.0% 5801 DUES/LICENSES 29,959 31,002 31,023 36,543 37,468 925 2.5% 5806 SUBSCRIPTIONS/JOURNALS - - 552 1,278 578 (700) (54.8%) 5807 MISC. FEES/CHARGES - - - 225,000 - (225,000) (100.0%) 5808 BOND ISSUENCE EXPENSES - 531,576 - - - - 0.0% 5810 MEMBERSHIPS (PROGRAMS) 10,487 6,138 17,994 18,311 18,981 670 3.7% 5811 MEMBERSHIPS (DIVISION) 25,415 46,015 54,661 59,500 58,075 (1,425) (2.4%) 5820 LATE FEES/SERVICE CHARGES 192 - - - - - 0.0% 6000 MATERIALS & SUPPLIES 2,564,298 2,539,008 2,467,150 2,644,956 2,548,225 (96,731) (3.7%) 6001 OFFICE SUPPLIES 229,143 187,566 215,759 208,769 197,609 (11,160) (5.3%) 6002 TEXTBOOKS 112,358 149,613 2,699,808 184,106 184,106-0.0% 6004 MEDICAL & DENTAL SUPPLIES 134,670 72,325 97,420 65,138 63,747 (1,391) (2.1%) 6005 CUSTODIAL SUPPLIES 252,944 364,051 300,585 231,711 231,711-0.0% 6006 AGRICULTURAL SUPPLIES 39,044 20,668 53,646 23,914 23,914-0.0% 6007 BUILDING SUPPLIES 280,797 306,417 356,390 194,840 347,000 152,160 78.1% 6008 GASOLINE/OIL/LUBRICANTS 1,997,281 1,551,865 1,047,467 1,658,726 1,350,676 (308,050) (18.6%) 6009 REPAIR PARTS/SUPPLIES 1,307,317 1,307,840 1,342,123 1,438,882 1,571,965 133,083 9.2% 6011 LIBRARY BOOKS & SUPPLIES 334,321 340,765 307,259 296,045 289,748 (6,297) (2.1%) 6012 OTHER OPERATING SUPPLIES 20,280 25,527 27,340 28,685 28,685-0.0% 6014 ATHLETIC SUPPLIES 65,134 49,108 51,295 44,767 45,167 400 0.9% 6015 COMPUTER SUPPL/SOFTWARE 1,014,941 1,064,999 906,402 936,211 1,458,243 522,032 55.8% 6016 TESTING MATERIALS 58,497 65,239 134,668 61,106 70,965 9,859 16.1% 6017 UNIFORMS 1,368 3,049 6,105 1,496 3,229 1,733 115.9% 6018 SAFETY SUPPLIES 2,061 5,905 9,034 1,877 1,877-0.0% 6019 OTHER EXPENSES FOR BOARD 1,753 521 369 1,500 1,500-0.0% 6024 TECHNOLOGY SUPPLIES 184,485 101,408 104,196 68,000 68,000-0.0% 6028 TIRES & TUBES - NEW 180,113 184,295 180,660 160,000 190,000 30,000 18.8% 6029 TIRES - RECAPPED 49,930 75,858 59,326 60,000 62,000 2,000 3.3% 6030 CLEANING SUPPLIES 1,900 1,824 1,672 1,500 1,500-0.0% 6034 ASSISTIVE TECHNOLOGY 5,163 7,189 7,006 32,300 32,300-0.0% 6035 COMPUTER SOFTWARE 38,612 51,078 53,175 110,014 63,014 (47,000) (42.7%) 6036 COMPUTER SUPPLIES 139,147 154,585 130,044 124,451 124,978 527 0.4% 21

Expenditure Summary by Object - All Funds Less CIP Object FY14 FY15 FY16 FY17 FY18 $ % Actual Actual Actual Adopted Adopted Variance Change Budget Budget 6041 SCHOOL SUPPORT SUPPLIES 116,514 364,555 112,745 69,146 49,537 (19,609) (28.4%) 6042 PARENT EDUCATION SUPPLIES 8,071 11,562 12,977 1,500 1,500-0.0% 6045 BAND SUPPLIES 51,981 50,020 49,168 49,595 56,591 6,996 14.1% 6046 ACADEMIC ACTIVITIES SUPP 25,660 30,256 23,326 30,793 21,470 (9,323) (30.3%) 6049 FLUIDS/LUBRICANTS 71,341 63,691 60,196 60,000 63,000 3,000 5.0% 6060 FOOD 6,565 8,381 9,782 1,000 25,159 24,159 2415.9% 6082 INSTRUCTIONAL SUPERVISION 259 - - - - - 0.0% 6092 EMPLOYEE RECOGNITION PROG 6,614 8,647 4,502 6,000 6,000-0.0% 6093 INSTRUCT PROGRAM SUPPLIES 935,692 868,573 10,723 17,000 16,900 (100) (0.6%) 6095 GUIDANCE SUPPLIES 13,181 16,537 6,080 7,686 6,651 (1,036) (13.5%) 6099 MAINTENANCE SUPPLIES - 4,624 30,303 - - - 0.0% 6100 STRINGS PROGRAM SUPPLIES 36,168 34,223 34,146 34,444 37,427 2,983 8.7% 6101 TESTING SUPPLIES 12,329 12,109 13,213 16,137 16,137-0.0% 6102 SUPPLEMENTAL MATERIALS 43,791 35,083 31,479 51,711 44,769 (6,942) (13.4%) 6104 CHORUS PROGRAM 14,491 14,170 14,120 13,691 18,072 4,381 32.0% 6150 REIMBURSEMENT-FACILTY USE 16,065 2,795 7,440 9,797 2,795 (7,002) (71.5%) 6151 ATHLETIC TRAINER SUPPLIES 13,889 8,473 8,463 8,466 8,811 345 4.1% 6152 TRAINING MATERIALS 172 5,856 2,962 3,213 3,213-0.0% 6157 FURNISHINGS-NEW UNDER 5K 255,973 - - - - - 0.0% 6158 FURNISHINGS-REPL-UNDER 5K - 288,442 291,896 332,023 100,000 (232,023) (69.9%) 6300 INSTR. SUPPLEMENTAL MAT. 30,967 31,477 36,168 49,653 55,000 5,347 10.8% 6301 TECH MAINT/UPGRADES 247,718 250,239 201,320 162,053 195,695 33,642 20.8% 6302 SUM/NEW STUDENT ORIENT 1,335 823 771 1,200 1,200-0.0% 6303 SUMMER ENRICHMENT 5,800 7,327 6,100 7,000 7,000-0.0% 6500 DONATIONS-SPECIAL PROGRAM 5,810 5,464 8,715 18,442 18,442-0.0% 8100 REPLACEMENT EQUIPMENT 44,977 2,086 255,288 289,770 436,131 146,361 50.5% 8101 REPLACEMENT OF BUSES - 427,623 203,128 95,200 - (95,200) (100.0%) 8115 FURNISHINGS - REPLACEMENT - - 84,500 - - - 0.0% 8200 NEW EQUIPMENT 51,173 63,848 89,580 31,319 23,319 (8,000) (25.5%) 8201 BUSES - ADDITIONAL 188,482 209,922 - - - - 0.0% 9101 PRINCIPAL - BONDS 17,856,330 15,311,694 16,479,242 18,735,576 18,686,059 (49,517) (0.3%) 9103 BOND REFINANCE DEBT SERV 11,697,014 43,145,636 16,510,139 - - - 0.0% 9201 INTEREST - BONDS 7,491,047 6,854,616 6,223,708 6,528,006 6,863,837 335,831 5.1% 9203 VSPA BOND CREDIT 123,692 6,199 - - - - 0.0% Grand Total $ 273,145,871 $ 310,150,908 $ 286,877,798 $ 283,437,316 $ 289,367,832 $ 5,930,484 2.1% 22

FTE 23

Vacant Positions Reduced to Balance the FY18 Budget Positions FTE Amount Custodians - outsourced, net savings* -4.0 $ (71,764) Floater Nurse -1.0 $ (80,392) General Education Teachers -5.0 $ (584,122) Clerical Staff (1.0 Library Para & 1.5 Secretaries) -2.5 $ (105,930) Total -12.5 $ (842,208) * Custodial resignation savings of $232,922 less outsource expenditure of $161,158 equals net savings of $71,764 24