2018-2019 Budget Posting of the Tentative Budget July 11, 2018 - - PowerPoint PPT Presentation
2018-2019 Budget Posting of the Tentative Budget July 11, 2018 Budget Calendar January 17, 2018 Authorization to prepare the 2018-19 Budget January 31, 2018 Presentation on Budget Forecast July 11, 2018 Approval to Post 2018-19
Posting of the Tentative Budget July 11, 2018
January 17, 2018
Authorization to prepare the 2018-19 Budget
January 31, 2018
Presentation on Budget Forecast
July 11, 2018
Approval to Post 2018-19 Tentative Budget
August 15, 2018
Public Hearing on 2018-19 Tentative Budget
September 12, 2018
Approval of 2018-19 Final Budget
Formal notice of posting published
Budget document on display:
S
chool S ervice Center (S S C)
Wheaton Public Library Warrenville Public Library Winfield Public Library Carol S
tream Public Library
On the internet at www.cusd200.org
Revenues
2017 CPI (2018 Levy) @ 2.1% impacts the 2018-19 Budget
Tax Levy Distributions
CPPRT (Education & IMRF/ S S Funds)
Interest Earnings
S tate Funding
General S
tate Aid (GS A)-EBF , Lease Payment
Categorical-S
pecial Education Tuition, Driver Ed & Transportation
Federal Funding
NS
L Program
Title I IDEA Medicaid
Expenditures
Salaries & Benefits
Teachers – 2.5% increase per contract
Classified S taff – 2.1% increase per contract
Administrators - 2% and Non-Union 2.1% increases
Benefits – NIHIP Upcoming plan year overall increase 2.9%
TRS
, S tate On-Behalf included in Final Budget
IMRF Pension Rate decrease (preliminary) – 9.02% from 11.04% Purchased Services, Supplies, Capital Purchases, Tuition/Other
Curriculum- Driver Ed. S imulators, Textbooks – S
tudies
Technology - Network Updates, Laptop and Chromebook refresh, S ecurity Cameras-3 MS
Outsourced Contracts - Food S ervice, Custodial & Transportation
O & M Utilities - Electricity, Natural Gas, S anitation, Phone & Water
Tuition – Outplaced S tudents
Lease Payment -ECC
Expenditures Continued Summer Capital Projects – $4.2M O & M & Capital Projects Funds
S ecure Entries – Bower, Johnson, Lowell, P . Hill, S andburg, Washington, Whittier & Edison
Paving/ Concrete – Johnson, Lowell, P . Hill, Wiesbrook, Edison & Franklin
Flooring – Bower, P . Hill & Washington
Masonry Work – Emerson & WWS HS
Mechanical Work – Lowell & WNHS Early Childhood Center -$14M in Capital Projects Fund
Education Fund- Revenues
$121,764,500 (85%
) from Local S
$ 14,188,200 (10%
) from S tate S
$ 7,733,500 ( 5%
) from Federal S
Total Revenues $143,686,200 Represents an overall 2.67%
increase
Education Fund Expenditures
$123,085,200 in S
alaries & Benefits (2.3% increase over 2017- 18 Budget)
$7,284,980 in Purchased S
ervices (0.4% increase over 2017-18 Budget)
$4,075,520 in S
upplies (4.9% increase over 2017-18 Budget)
$810,500 in Capital Outlay (76.0%
increase over 2017-18 Budget)
$8,430,000 in Dues, Fees, Tuition & Other (9.3%
increase over 2017-18 Budget)
Total Expenditures $143,686,200
Represents a 2.91% increase over 2017-18 Budget
Operations & Maintenance-Revenue $13,626,000 from Local S
$478,000 from S
Operations & Maintenance Expenditures
$2,977,500 in S
alaries & Benefit s (8.0% decrease over 2017-18 Budget )
$4,841,000 in Purchased S
ervices (0.3% increase over 2017-18 Budget )
$2,901,000 in S
upplies/ Ut ilit ies-Gas & Elec. (3.5% decrease over 2017-18 Budget )
$3,370,000 in Capit al Out lay (24.8%
increase over 2017- 18 Budget )
$12,500 in Dues, Fees,& Terminat ed Benefit s (67.6%
decrease over 2017-18 Budget )
Tot al Expendit ures $14,102,000 2.13%
increase over 2017-18 Budget
Debt Services-Bond & Interest
$20,715,000 in Local Revenue $1,000,000 in S
tate Revenue
$21,619,300 in Expenditures Payment on Principal & Interest of Bonds
& Capital Lease for Performance Contracting, ECC Lease
Refunding of $25,158,000
Transportation Fund-Revenues $5,159,000 (54%
$4,321,500 (46%
Represents a 1.14% decrease over 2017-18 Budget
Transportation Fund-Expenditures
$92,500 for S
alaries & Benefits (0.5% decrease over 2017-18 Budget)
$9,258,000 in Purchased S
ervices (1.4% decrease over 2017-18 Budget)
$115,000 for Gas Escalator (173.8%
increase over 2017-18 Budget)
$15,000 for S
upplies (900% increase over 2017-18 Budget)
Total Expenditures $9,480,500
IMRF/Social Security $3,920,000 in Revenues All Local
$3,920,000 in Expenditures
Capital Projects Fund
Interest Earnings $70,000 Lease Certificates $14M $1M Transfer from O & M Fund $15M in Expenditures S
ecure Entries
ECC
Working Cash $400,000 in Revenue associated
S
Amount
Local
$165,654,500
S
tate $ 19,987,700
Federal
$ 7,733,500
Total Revenues
$ 193,375,700
Does not include Refunding or Lease Certificates
S
Amount
Local
$144,869,500
S
tate $ 18,987,700
Federal
$ 7,733,500
Total Revenues
$171,590,700
All funds excluding Debt S ervices and Capital Proj ects
Type Amount
S
alaries & Benefits $130,075,200
Purchased S
ervices $ 21,383,980
S
upplies $ 6,991,520
Capital Outlay/ Const.
$ 19,180,500
Dues/ Fees/ Tuition/ Other
$ 30,176,800
Total Expenditures
$207,808,000
Does not include Refunding
Expenditure Allocation by Obj ect –All Funds
S
alaries & Benefits $130,075,200
Purchased S
ervices $ 21,383,980
S
upplies $ 6,991,520
Capital Outlay/ Const.
$ 4,180,500
Dues/ Fees/ Tuition/ Other
$ 8,557,500
Total Expenditures
$ 171,188,700
All funds excluding Debt S ervices and Capital Proj ects
*Does not include Other S
Refunding, Transfer to Capital Proj ects Fund or Lease Certificates
Revenues $ 171,590,700
Expenditures $ 171,188,700 Operating Balance $ 402,000
All funds excluding Debt S ervices and Capital Proj ects Fund
Fund FY18 FY19 % Change
Operating
$ 167,335,000 $171,590,700 2.5% Revenue
Operating
$ 166,846,842 $171,188,700 2.6% Expenditures
All funds excluding Debt S ervices and Capital Proj ects Fund