Recommended Budget for 2011-2012 School Year School Board Meeting August 10, 2011 as of August 10, 2011
Agenda Presentation on recommended 2011-2012 budget Public hearing Adoption of 2011-2012 expenditure levels by fund
Budget Preparation Schedule January 26 January 27 February 7 March 23 April 12-14 April 24 April 27 April 27 May 10 May 18 May 23 May 24 May 25 June 7 June 15 June 22 July 27 August 10 Preliminary budget forecast presented to School Board Administrator forecast preview Citizens Advisory Committee (CAC) preview of budget forecast Board work session on budget development Departmental budget review hearings End of regular legislative session 105 th day Budget development update for School Board Received input from Principals Association School Board work session on budget development School Board work session on preliminary budget issues and possible solutions Staff Budget Forum 4 p.m. - Chase Community Budget Forum 7 p.m. - Chase Staff Budget Forum 4 p.m. - Glover Community Budget Forum 7 p.m. Glover End of 1 st Special Legislative Session Board work session on preliminary budget Board work session on preliminary budget Superintendent s preliminary recommended budget presented to the School Board Budget development update for School Board School Board adoption of 2011-2012 budget
Context for Budget Development Unprecedented state budget deficit Federal stimulus funding expiring Legislature reduced school funding mid-year for 2010-11 Legislature made significant cuts in school funding for 2011-12 Legislature went into extended session and did not adopt budget until late May Legislature is not meeting the constitutional obligation for fully funding public schools Lawsuit heard in June by Supreme Court on education funding June 2011 state revenue forecast reflects further drop in state revenue for biennium Enrollment decline slows
General Fund Budget Highlights In Millions Beginning Fund Balance $ 21.2 Revenues 308.6 Expenditures * 313.3 Net Operating Activities - 4.7 Other Financing Uses ** - 0.4 Ending Fund Balance*** $ 16.1 % Fund Balance 5.0% * Expenditure budget includes $3.0 million operating contingency ** For QZAB loan payment *** Includes $500,000 designated reserve for school board math resolution
Revenues General Fund In millions Local Levy $60.2 19.5% Other Miscellaneous $1.5 0.5% Federal $40.8 13.2% Local Nontax $9.0 2.9% State $197.1 63.9% Total Revenues of $308.6 Express, Lunch and Other Fees Fundraising for KSPS-TV
Expenditures by Program Support Services $43.2 13.8% Food Services $12.7 4.1% Transportation $9.2 2.9% Community Services $7.6 2.4% In millions Total Expenditures of $313.3 Instruction $240.6 76.8% Note:Central Administration is 5.6% of expenditures ($17.4 million), included in Support Services and Instruction State average is 6.4% of school district expenditures.
Expenditures by Object Purchased Services $36.7 11.7% Supplies $16.8 5.4% Travel $0.8 0.2% Capital Outlay $1.2 0.4% In millions Salaries/Benefits $257.8 82.3% Total Expenditures of $313.3
Budget Highlights Retains lower class size at all grade levels even though state reduced class size funding To the extent possible, protects classroom resources in spite of state and federal cuts Supports intervention teacher model Continues support for a wide variety of student program offerings Directs specific program enhancements for student achievement Reduces Central Office administrative positions Reduces administrators salaries Maintains school district s financial integrity
Types of District Funds General Fund to operate schools each year Associated Student Body Fund for student government activities Debt Service Fund for payment of principal and interest and related expenditures for the outstanding bond issues Capital Projects Fund to improve facilities and technology Transportation Vehicle Fund Inactive due to contracted pupil transportation services
Recommended Expenditure Levels by Fund General Fund $ 313,302,780 General Fund Other $ 385,000 Financing Uses* Associated Student Body Fund $ 2,475,000 Debt Service Fund $ 37,053,139 Capital Projects Fund $ 142,882,000 Transportation Vehicle Fund $ 0 * For QZAB loan payment
Public Hearing on Recommended Budgets Reconvene for School Board Adoption of Recommended Budgets Roll Call Vote