2016-17 Proposed Budget
DISTRICT BUDGET July 1 - June 30 Budget Approved in August by Finance & SB Budget Hearing/Annual Meeting Sept. 19 Budget Finalized in October by School Board
Budget Factors Property Value – October 1 Student Enrollment - 3 rd Friday in September Transfer of Service Private School Voucher Aid Deduction – October 15 State Aid - October 15 District Adjustment
State Aid and Revenue Limit Factors State Aid: District Property Value • Prior year average of Sept. and Jan. Enrollment • Private School Voucher Student Enrollment • Revenue Limit: • District Property Value • 3-year average of Sept. and Summer School Enrollment • Private School Voucher Aid Deduction • Transfer of Service • Prior Year Spending • Referendums • State Aid
State Aid State Aid $14,408,307 $14,128,181 $13,899,117 $13,872,778 $13,698,377 $13,716,336 $13,691,185 $13,516,834 $13,445,860 $12,943,747 $12,942,867 $12,917,674 $12,713,521 $12,275,697 $12,234,555
Property Values Property Values $1,321,874,401 $1,300,392,680 $1,273,936,016 $1,263,139,024 $1,245,693,492 $1,184,356,497 $1,184,213,684 $1,158,687,367 $1,147,127,852 $1,140,177,336 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
Revenue Limit Membership Revenue Limit Membership 2550 2536 2505 2486 2500 2481 2475 2467 2473 2463 2462 2455 2438 2450 2409 2400 2350 2300
Operational Referendums 100% 90% 80% 70% 60% 50% 40% 30% 20% 10% 0%
Budget Revenues: State Aid and Taxes Budget Expenses: Salaries and Benefits Transportation Insurance Supplies and Equipment Maintenance Utilities Contracted Services
Funds that Impact the Levy: GENERAL FUND (FUND 10) $28,196,730 DEBT SERVICE (FUND 30) $0.00 Maintenance Referendum Debt Paid CAPITAL PROJECTS (FUND 46) $0.00 Included in Fund 10 COMMUNITY SERVICE (FUND 80) $0.00
Fund 2016-17 2016-17 Receipts Expenditures General Fund (Fund 10) 28,196,730 28,196,730 Debt Service Fund (Fund 30) 0.00 0.00 Capital Expansion Fund *(Fund 40) 0.00 0.00 *Included in Fund 10 Levy Community Service (Fund 80) 0.00 0.00 Funds 10, 30, 40, and 80 are used in the levy calculation. Total 28,196,730 28,196,730 Funds 20, 50, 60, 70, 80, 90 are not used in the levy calculation.
Budget to Taxy Levy To determine the property tax levy: Revenue Limit – State Aid = Property Tax Levy
PROJECTED 16-17 LEVY $13,000,000 $12,744,014 $12,423,434 $12,500,000 $12,157,600 $11,823,643 $12,000,000 $11,739,887 $11,567,154 $11,500,000 $11,131,271 $10,937,915 $11,000,000 $10,500,000 $10,000,000 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
Each municipality’s share of the levy is determined by its share of the total equalized value. 2014 2014 2013 2016 2015 Municipality Valuation % Valuation % 2016 County Value Columbia C Portage $538,712,900 46.49% 47.54% Municipality Valuation % Valuation % County Estimated Value Columbia T Caledonia 15.48% 15.03% $179,318,995 Columbia C Portage $553,220,500 46.71% 46.80% Columbia T Dekorra 0.02% $191,437 0.02% Columbia T Caledonia $180,253,119 15.22% 15.06% Columbia T Ft. Winnebago 6.19% 6.06% $71,763,500 Columbia T Dekorra $211,925 0.02% 0.02% Columbia T Lewiston 10.06% 10.13% $116,609,288 Columbia Columbia T Marcellon T Ft. Winnebago 0.09% 0.09% $1,067,390 $74,487,800 6.29% 6.29% Columbia T Pacific 14.87% 14.74% $172,321,334 Columbia T Lewiston $121,484,016 10.26% 10.26% Columbia T Wyocena 0.37% $4,256,446 0.37% Columbia T Marcellon $1,088,885 0.09% 0.09% Marquette T Douglas 1.41% 1.43% $16,374,777 Columbia T Pacific $176,917,174 14.94% 15.00% Marquette T Moundville 3.77% 3.42% $43,649,900 Columbia T Wyocena Marquette V Endeavor 1.21% $3,920,807 0.33% 1.13% 0.33% $14,029,700 Sauk T Greenfield 0.03% 0.04% Marquette T Douglas $391,700 $15,971,287 1.35% 1.35% TOTAL 12 Municipalities 100.00% 100.00% $1,158,687,367 Marquette T Moundville $42,857,900 3.62% 3.62% Marquette V Endeavor $13,553,200 1.14% 1.14% Sauk T Greenfield $389,884 0.03% 0.03% TOTAL 12 Municipalities $1,184,356,497 100.00% 100.00%
PROJECTED TAX IMPACT $9.40 Mill Rate $100,000 Home $940. Tax Amount
Mill Rate – History 20.00 17.50 18.00 17.17 15.11 16.00 14.05 14.00 12.00 $10.94 $10.23 $9.98 $9.98 $9.32 $9.97 $9.73 $9.64 $9.10 $8.98 $8.77 $9.62 $9.59 $9.40 10.00 $9.19 $9.32 $8.76 $9.10 $8.60 $8.16 $8.61 8.00 6.00 4.00 2.00 0.00
MILL RATE COMPARISON Badger Conference 2015-16 2014-15 2013-14 Baraboo 8.90 8.92 8.69 DeForest 11.18 11.18 11.19 Mt. Horeb 9.70 10.65 10.46 Portage 9.98 9.98 9.59 Reedsburg 9.73 10.29 10.65 Sauk Prairie 10.33 10.49 10.03 Waunakee 11.60 11.36 11.48 Area Schools 2015-16 2014-15 2013-14 Columbus 10.52 10.98 11.28 Lodi 11.71 11.95 11.63 Pardeeville 10.57 10.59 11.08 Poynette 9.47 9.39 10.44 Rio 12.23 11.04 10.23 Sun Prairie 12.74 12.81 13.15 State 10.24 10.25 10.36
Note: Budget adjustments are made in October based on student enrollment , state aid certification, transfer of service allocation, district adjustments, the state voucher program, and property valuations.
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