2019-20 Budget Board Deliberation: Monday, October 7, 2019 @ 4:00 - - PowerPoint PPT Presentation

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2019-20 Budget Board Deliberation: Monday, October 7, 2019 @ 4:00 - - PowerPoint PPT Presentation

Oct 16, 2023 246 likes •465 views

2019-20 Budget Board Deliberation: Monday, October 7, 2019 @ 4:00 p.m. Public Engagement: Tuesday, October 15, 2019 @ 6:00 p.m. Public Hearing: Monday, October 21, 2019 @ 6:00 p.m. Budget Adoption: Monday, October 21, 2019 following the

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2019-20 Budget

Board Deliberation: Monday, October 7, 2019 @ 4:00 p.m. Public Engagement: Tuesday, October 15, 2019 @ 6:00 p.m. Public Hearing: Monday, October 21, 2019 @ 6:00 p.m. Budget Adoption: Monday, October 21, 2019 following the Public Hearing

All meetings held at the District Office, 200 S. Broadway

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SLIDE 2

Mission Statement:

Mission: We educate all students to be college, career and community ready, inspired to succeed in our diverse world.

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SLIDE 3

Purpose of the Meeting

Per Wisconsin Statute 65.90, staff and board shall formulate a proposed budget, hold a public hearing and adopt a budget identifying expected revenues, expenditures and fund balances.

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SLIDE 4
  • Important Factors in the Budget Process
  • Budget Summary
  • 1. General Fund
  • 2. Special Education Fund
  • 3. All Other Funds
  • Budget Proposal Summary

Agenda

4

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SLIDE 5

State Budget Impacts GBAPS 19-20 1. Per pupil aid amount is $742 per student 2. Rev Cap increase of $175 per student

Important Factors in the Budget Process

5

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SLIDE 6
  • 1. Fall Property Valuation – $9,311,617,960
  • 2. Sept. Student Membership – 21,072
  • 3. State Aid- Oct 15 $161,056,297 (est)
  • 4. Voucher Impact – Oct 15 $6,655,609 (est)

Important Factors in the Budget Process

6

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SLIDE 7

7

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SLIDE 8

Important Factors in the Budget Process

8

Fair Market Value

School Year Property Valuation Change 10-11 8,199,747,364 11-12 8,041,865,132 (-1.93%) 12-13 7,753,109,665 (-3.59%) 13-14 7,908,840,307 2.01% 14-15 7,980,375,110 0.90% 15-16 8,155,078,816 2.19% 16-17 8,272,887,760 1.44% 17-18 8,611,359,305 4.09% 18-19 8,906,285,059 3.42% 19-20 9,311,617,960 4.55%

1,000,000,000 2,000,000,000 3,000,000,000 4,000,000,000 5,000,000,000 6,000,000,000 7,000,000,000 8,000,000,000 9,000,000,000 10,000,000,000

Property Valuation

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SLIDE 9

Important Factors in the Budget Process

9 19,500 20,000 20,500 21,000 21,500 22,000 22,500

Sept Membership (FTE)

School Year

  • Sept. Membership (FTE)

Change 10-11 20,563 11-12 20,779 1.05% 12-13 21,101 1.55% 13-14 21,485 1.82% 14-15 21,610 0.58% 15-16 21,637 0.12% 16-17 21,946 1.43% 17-18 21,636 (-1.41%) 18-19 21,320 (-1.46%) 19-20 21,072 (-1.16%)

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SLIDE 10

Important Factors in the Budget Process

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School Year General State Aid History Change 10-11 129,663,771 11-12 120,632,386 (-6.97%) 12-13 127,637,677 5.81% 13-14 132,945,727 4.16% 14-15 137,813,882 3.66% 15-16 140,649,565 2.06% 16-17 151,960,507 8.04% 17-18 155,789,846 2.52% 18-19 156,894,030 0.71% 19-20 161,056,297 2.65%est

20,000,000 40,000,000 60,000,000 80,000,000 100,000,000 120,000,000 140,000,000 160,000,000 180,000,000

General State Aid History

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SLIDE 11

Budget Summary

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General Fund Revenues: page 4

The General Fund (Fund 10) shows budgeted revenues for 2019-20 at approximately $279.1M, which is an increase from 2018-19 of approximately $3.5M (1.3%).

Factors in Actual Revenues

  • Membership down 282 students (FTE)
  • Per Pupil Aid Increase $88/pupil ($1.7M)
  • Revenue Limit Per Pupil Adjustment

$175 per pupil ($750K)

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SLIDE 12

Revenue Limit

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DISTRICT: 10/2/2019 DATA AS OF 5/31/2019, 7:55 AM Line 1 Amount may Not Exceed Line 11 - (Line 7B+Line 10) of Final 18-19 Revenue Limit 2018-19 General Aid Certification (18-19 Line 12A, src 621) + 156,894,030 2018-19 Computer Aid Received (18-19 Line 12C, Src 691) + 733,904 2018-19 Hi Pov Aid (18-19 Line 12B, Src 628) + 1,808,533 2018-19 Aid for Exempt Personal Property (18-19 Line 12D, Src 691) + 636,786 2018-19 Fnd 10 Levy Cert (18-19 Line 14A, Levy 10 Src 211) + 72,184,353 2018-19 Fnd 38 Levy Cert (18-19 Line 14B, Levy 38 Src 211) + 2018-19 Fnd 41 Levy Cert (18-19 Line 14C, Levy 41 Src 211) + 2018-19 Aid Penalty for Over Levy (18-19 FINAL Rev Limit Wksht)
  • 66,783
2018-19 Total Levy for All Levied Non-Recurring Exemptions*
  • 23,322,523
*NET 2019-20 Base Revenue Built from 18-19 Data (Line 1) = 208,868,300 *For 2018-19 Non-Recurring Exemptions Levy Amount, enter actual amount for which district levied; (7B Hold Harmless, Non- Recurring Referenda, Declining Enrollment, Energy Efficiency Exemption, Refunded/Rescinded Taxes, Prior Year Open Enrollment Pupils, Reduction for Ineligible Fund 80 Expends, Environmental Remediation, Private School Voucher Aid Deduction, Private School Special Needs Voucher Aid Deduction) September & Summer FTE Membership Averages Count Ch. 220 Inter-District Resident Transfer Pupils @ 75%. Line 2: Base Avg:((16+.4ss)+(17+.4ss)+(18+.4ss)) / 3 = 21,865 2016 2017 2018 Summer FTE: 581 596 559 % (40,40,40) 232 238 224 Sept FTE: 21,946 21,636 21,320 Special Needs Vouchers FTE New ICS - Independent Charter Schools FTE Total FTE 22,178 21,874 21,544 Line 6: Curr Avg:((17+.4ss)+(18+.4ss)+(19+.4ss)) / 3 = 21,551 2017 2018 2019 Summer FTE: 596 559 476 "Current Average" for use in 19-20 % (40,40,40) 238 224 190 Per-Pupil Aid calc (does not include Sept FTE: 21,636 21,320 21,046 Special Needs Voucher FTE Special Needs
  • r New ICS - Independent
Vouchers FTE Charter Schools FTE). New ICS - Independent Charter Schools FTE Average without SNSP/ICS: 21,551 Total FTE 21,874 21,544 21,236 Line 10B: Declining Enrollment Exemption = 3,054,476 Average FTE Loss (Line 2 - Line 6, if > 0) 314 X 1.00 = 314 X (Line 5, Maximum 2018-2019 Revenue per Memb) = 9,727.63 Non- Recurring Exemption Amount: 3,054,476 Fall 2019 Property Values (actuals have been loaded below) 2019 TIF-Out Tax Apportionment Equalized Valuation 9,311,617,960 2019-2020 Revenue Limit Worksheet 1. 2018-19 Base Revenue (Funds 10, 38, 41) (from left) 208,868,300 2. Base Sept Membership Avg (2016+.4ss, 2017+.4ss, 2018+.4ss)/3 (from left) 21,865 3. 2018-19 Base Revenue Per Member (Ln 1 / Ln2) (with cents) 9,552.63 4. 2019-20 Per Member Change (A+B+C) 175.00 A.Allowed Per-Member Change 175.00 B.Low Rev Incr (Enter DPI Adjustment) 0.00 C.Low Rev Dist in CCDEB (Enter DPI Adjustment) 0.00 5. 2019-20 Maximum Revenue / Member (Ln 3 + Ln 4) 9,727.63 6. Current Membership Avg (2017+.4ss, 2018+.4ss, 2019+.4ss)/3 (from left) 21,551 7. 2019-20 Rev Limit, No Exemptions (Ln7A + Ln 7B) (rounded) 209,640,154 A.Max Rev/Memb x Cur Memb Avg (Ln 5 x Ln 6) 209,640,154 B.Hold Harmless Non-Recurring Exemption 8. Total 2019-20 Recurring Exemptions (A+B+C+D+E) (rounded) 223,698 A.Prior Year Carryover B.Transfer of Service 223,698 C.Transfer of Territory/Other Reorg (if negative, include sign) D.Federal Impact Aid Loss (2017-18 to 2018-19) E.Recurring Referenda to Exceed (If 2019-20 is first year) 9. 2019-20 Limit with Recurring Exemptions (Ln 7 + Ln 8) 209,863,852 10. Total 2019-20 Non-Recurring Exemptions (A+B+C+D+E+F+G+H+I) 26,341,882 A.Non-Recurring Referenda to Exceed 2019-20 Limit 16,500,000 B.Declining Enrollment Exemption for 2019-20 (from left) 3,054,476 C.Energy Efficiency Net Exemption for 2019-20 (see pg 4 for details)
  • 7,681
D.Adjustment for Refunded or Rescinded Taxes, 2019-20 50,844 E.Prior Year Open Enrollment (uncounted pupil[s]) F.Reduction for Ineligible Fund 80 Expenditures (enter as negative) G.Environmental Remediation Exemption H.WPCP and RPCP Private School Voucher Aid Deduction 6,655,609 I.SNSP Private School Voucher Aid Deduction 88,634 11. 2019-20 Revenue Limit With All Exemptions (Ln 9 + Ln 10) 236,205,734 12. Total Aid to be Used in Computation (12A + 12B + 12C + 12D) 163,920,712 A.2019-20 October 15 Aid Certification → Cell is locked. 161,056,297 B.State Aid to High Poverty Districts (not all districts) 1,475,819 C.State Aid for Exempt Computers (Source 691) 751,810 D.State Aid for Exempt Personal Property (Source 691) 636,786 REMEMBER TO USE THE OCTOBER 15 AID CERTIFICATION WHEN SETTING THE DISTRICT LEVY. 13. Allowable Limited Revenue: (Line 11 - Line 12) 72,285,022 (10, 38, 41 Levies) 14. Total Limited Revenue To Be Used (A+B+C) Not >line 13 72,285,022 Entries Required Below: Enter amnts needed by purpose and fund: A.Gen Operations: Fnd 10 Src 211 72,285,022 (Proposed Fund 10) B.Non-Referendum Debt (inside limit) Fund 38 Src 211 (to Budget Rpt) C.Capital Exp, Annual Meeting Approved: Fund 41 Src 211 (to Budget Rpt) 15. Total Revenue from Other Levies (A+B+C+D) 20,564,368 A.Referendum Apprvd Debt (Fund 39 Debt-Src 211) 17,800,000 B.Community Services (Fund 80 Src 211) 2,764,368 (to Budget Rpt) C.Prior Year Levy Chargeback for Uncollectible Taxes (Src 212) (to Budget Rpt) D.Other Levy Revenue - Milwaukee & Kenosha Only (to Budget Rpt) 16. Total Fall, 2019 ESTIMATED All Fund Tax Levy (14A + 14B + 14C + 15) 92,849,390 Line 16 is the total levy to be apportioned in the PI-401. Levy Rate = 0.00997135
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SLIDE 13

Budget Summary

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General Fund Expenditures: page 8

The General Fund shows budgeted expenditures for 2019-20

  • f $279.1M, which is an increase from 2018-19 of

approximately $7.4M (2.65% increase) due to several changes: Increase Salaries and Benefits $14M Decrease Contracted Services

  • $1.2M

Decrease Non-Capital/Capital Purchases - $4.3M Increase Special Education Transfer $2.5M Decrease Debt Transfer (EEE Related) -$4M

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Budget Summary

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Special Education Fund Revenues: page 17

Total anticipated revenues for Fund 27 is $52.2M. The revenues in this fund come from three sources Local – 67% - $35M transfer from fund 10 State – 25.85% through reimbursement of categorical aid from prior year's expenditures Federal – 10% grants and Medicaid

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SLIDE 15

Budget Summary

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Special Education Fund Expenditures: page 21

Expenditures are expected to increase by $5 million for 2019-20 Maintenance of Effort (MOE) - School districts that receive federal special education aid are required to maintain the same or greater local funding from one year to the next on a per-pupil basis

  • With the included budget, it is calculated that the

District will be in compliance with MOE

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Budget Summary

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All Other Funds:

Special Revenue Fund 21 (Gifts ) - $2,000,000 page 13 Indian Education Fund 22 – $269,733 page 15 Head Start Fund 29 - $6,044,083 page 22 Debt Service Fund 30 - page 24 Capital Projects Fund 40 - page 26 Food Service Fund 50 - page 28 Trust Fund 72 - $40,000 page 30 Community Service Fund 80 - page 32

TOTAL ALL FUNDS : $382,876,660

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Property Levy ($) and Rate (%) Info

  • Rate is spread out equally among all taxpayers

(8 municipalities)

  • Changes in property values (increases and decreases)

across the state impact GBAPS

  • 2019-20 Property Value Increase by 4.55%
  • 2019-20 Levy Increase by 4.11% (est)
  • Mill Rate will decrease compared to 2018-19

Tax (Mill) Rate = Property Taxes (Levy) ÷ Total Assessed (Fair Market) Value

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  • A balanced general fund is being presented
  • Staffing and raises are budgeted
  • Debt refunding possible for the spring 2020 at $800K to pay

debt earlier than scheduled

  • The mill rate (%) is estimated to fall by

approximately 0.39% to 9.97.

2019-20 Budget Proposal

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Mill Rate Proposal

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School Year Mill Rate History Change 10-11 9.67 11-12 10.02 3.62% 12-13 10.39 3.69% 13-14 10.11 (-2.69%) 14-15 10.02 (-0.89%) 15-16 10.16 1.40% 16-17 10.16 0.00% 17-18 10.10 (-0.59%) 18-19 10.01 (-0.89%) 19-20 9.97 (-0.40%)est

9.20 9.40 9.60 9.80 10.00 10.20 10.40 10.60 10-1111-1212-1313-1414-1515-1616-1717-18 18-1919-20

Mill Rate History

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Estimates and assumptions are still visible this afternoon as we discuss both revenues and

  • expenditures. Because of this:
  • Equalized aid and voucher count will be updated for 10/21

Budget Adoption

  • Salaries & minor staffing need to be finalized
  • Budget is a working document…amendments will be brought

forward as changes are made

  • The 2020-21 budget process is already underway

Estimates and Assumptions

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Thank you…

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