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
Mission Statement: Mission: We educate all students to be college, career and community ready, inspired to succeed in our diverse world.
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.
Agenda • Important Factors in the Budget Process • Budget Summary 1. General Fund 2. Special Education Fund 3. All Other Funds • Budget Proposal Summary 4
Important Factors in the Budget Process State Budget Impacts GBAPS 19-20 1. Per pupil aid amount is $742 per student 2. Rev Cap increase of $175 per student 5
Important Factors in the Budget Process 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) 6
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Important Factors in the Budget Process Property Valuation Fair Market Value 10,000,000,000 9,000,000,000 8,000,000,000 7,000,000,000 School Year Property Valuation Change 10-11 8,199,747,364 6,000,000,000 11-12 8,041,865,132 (-1.93%) 5,000,000,000 12-13 7,753,109,665 (-3.59%) 13-14 7,908,840,307 2.01% 4,000,000,000 14-15 7,980,375,110 0.90% 3,000,000,000 15-16 8,155,078,816 2.19% 16-17 8,272,887,760 1.44% 2,000,000,000 17-18 8,611,359,305 4.09% 1,000,000,000 18-19 8,906,285,059 3.42% 19-20 9,311,617,960 4.55% 0 8
Important Factors in the Budget Process Sept Membership (FTE) 22,500 22,000 School Year Sept. Membership (FTE) Change 10-11 20,563 21,500 11-12 20,779 1.05% 12-13 21,101 1.55% 21,000 13-14 21,485 1.82% 14-15 21,610 0.58% 15-16 21,637 0.12% 20,500 16-17 21,946 1.43% 17-18 21,636 (-1.41%) 20,000 18-19 21,320 (-1.46%) 19-20 21,072 (-1.16%) 19,500 9
Important Factors in the Budget Process General State Aid History 180,000,000 School Year General State Aid History Change 10-11 129,663,771 160,000,000 11-12 120,632,386 (-6.97%) 140,000,000 12-13 127,637,677 5.81% 13-14 132,945,727 4.16% 120,000,000 14-15 137,813,882 3.66% 15-16 140,649,565 2.06% 100,000,000 16-17 151,960,507 8.04% 80,000,000 17-18 155,789,846 2.52% 18-19 156,894,030 0.71% 60,000,000 19-20 161,056,297 2.65%est 40,000,000 20,000,000 0 10
Budget Summary 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) 11
Revenue Limit DISTRICT: 10/2/2019 2019-2020 Revenue Limit Worksheet DATA AS OF 5/31/2019, 7:55 AM 1. 2018-19 Base Revenue (Funds 10, 38, 41) (from left) 208,868,300 Line 1 Amount may Not Exceed Line 11 - (Line 7B+Line 10) of Final 18-19 Revenue Limit 2. Base Sept Membership Avg (2016+.4ss, 2017+.4ss, 2018+.4ss)/3 (from left) 21,865 2018-19 General Aid Certification (18-19 Line + 156,894,030 3. 2018-19 Base Revenue Per Member (Ln 1 / Ln2) (with cents) 9,552.63 12A, src 621) 4. 2019-20 Per Member Change (A+B+C) 175.00 2018-19 Computer Aid Received (18-19 Line + 733,904 12C, Src 691) A.Allowed Per-Member Change 175.00 2018-19 Hi Pov Aid (18-19 Line 12B, Src 628) + 1,808,533 B.Low Rev Incr (Enter DPI Adjustment) 0.00 2018-19 Aid for Exempt Personal Property (18-19 Line 12D, Src 691) + 636,786 C.Low Rev Dist in CCDEB (Enter DPI Adjustment) 0.00 2018-19 Fnd 10 Levy Cert (18-19 Line 14A, + 72,184,353 5. 2019-20 Maximum Revenue / Member (Ln 3 + Ln 4) 9,727.63 Levy 10 Src 211) 6. Current Membership Avg (2017+.4ss, 2018+.4ss, 2019+.4ss)/3 (from left) 21,551 2018-19 Fnd 38 Levy Cert (18-19 Line 14B, + 0 Levy 38 Src 211) 7. 2019-20 Rev Limit, No Exemptions (Ln7A + Ln 7B) (rounded) 209,640,154 2018-19 Fnd 41 Levy Cert (18-19 Line 14C, A.Max Rev/Memb x Cur Memb Avg (Ln 5 x Ln 6) 209,640,154 + 0 Levy 41 Src 211) B.Hold Harmless Non-Recurring Exemption 0 2018-19 Aid Penalty for Over Levy (18-19 FINAL Rev Limit Wksht) - 66,783 8. Total 2019-20 Recurring Exemptions (A+B+C+D+E) (rounded) 223,698 2018-19 Total Levy for All Levied Non-Recurring Exemptions* - 23,322,523 A.Prior Year Carryover 0 *NET 2019-20 Base Revenue Built from 18-19 Data (Line 1) = 208,868,300 B.Transfer of Service 223,698 *For 2018-19 Non-Recurring Exemptions Levy Amount, enter actual amount for which district levied; (7B Hold Harmless, Non- C.Transfer of Territory/Other Reorg (if negative, include sign) 0 Recurring Referenda, Declining Enrollment, Energy Efficiency Exemption, Refunded/Rescinded Taxes, Prior Year Open Enrollment D.Federal Impact Aid Loss (2017-18 to 2018-19) 0 Pupils, Reduction for Ineligible Fund 80 Expends, Environmental Remediation, Private School Voucher Aid Deduction, Private School Special Needs Voucher Aid Deduction) E.Recurring Referenda to Exceed (If 2019-20 is first year) 0 9. 2019-20 Limit with Recurring Exemptions (Ln 7 + Ln 8) 209,863,852 September & Summer FTE Membership Averages 10. Total 2019-20 Non-Recurring Exemptions (A+B+C+D+E+F+G+H+I) 26,341,882 Count Ch. 220 Inter-District Resident Transfer Pupils @ 75%. Line 2: Base 21,865 A.Non-Recurring Referenda to Exceed 2019-20 Limit 16,500,000 Avg:((16+.4ss)+(17+.4ss)+(18+.4ss)) / 3 = B.Declining Enrollment Exemption for 2019-20 (from left) 3,054,476 2016 2017 2018 C.Energy Efficiency Net Exemption for 2019-20 (see pg 4 for details) -7,681 Summer FTE: 581 596 559 % (40,40,40) 232 238 224 D.Adjustment for Refunded or Rescinded Taxes, 2019-20 50,844 Sept FTE: 21,946 21,636 21,320 E.Prior Year Open Enrollment (uncounted pupil[s]) 0 Special Needs F.Reduction for Ineligible Fund 80 Expenditures (enter as negative) 0 Vouchers FTE 0 0 0 G.Environmental Remediation Exemption 0 New ICS - Independent Charter Schools FTE H.WPCP and RPCP Private School Voucher Aid Deduction 6,655,609 0 0 0 I.SNSP Private School Voucher Aid Deduction 88,634 Total FTE 22,178 21,874 21,544 11. 2019-20 Revenue Limit With All Exemptions (Ln 9 + Ln 10) 236,205,734 Line 6: Curr 12. Total Aid to be Used in Computation (12A + 12B + 12C + 12D) 163,920,712 21,551 Avg:((17+.4ss)+(18+.4ss)+(19+.4ss)) / 3 = A.2019- 20 October 15 Aid Certification → Cell is locked. 161,056,297 2017 2018 2019 B.State Aid to High Poverty Districts (not all districts) 1,475,819 Summer FTE: 596 559 476 "Current Average" for use in 19-20 C.State Aid for Exempt Computers (Source 691) 751,810 % (40,40,40) 238 224 190 Per-Pupil Aid calc (does not include D.State Aid for Exempt Personal Property (Source 691) 636,786 Sept FTE: 21,636 21,320 21,046 Special Needs Voucher FTE Special Needs or New ICS - Independent REMEMBER TO USE THE OCTOBER 15 AID CERTIFICATION WHEN SETTING THE DISTRICT LEVY. Vouchers FTE Charter Schools FTE). 0 0 0 13. Allowable Limited Revenue: (Line 11 - Line 12) 72,285,022 New ICS - Independent Average without SNSP/ICS: (10, 38, 41 Levies) Charter Schools FTE 21,551 0 0 0 14. Total Limited Revenue To Be Used (A+B+C) Not >line 13 72,285,022 Total FTE 21,874 21,544 21,236 Entries Required Below: Enter amnts needed by purpose and fund: Line 10B: Declining Enrollment Exemption 3,054,476 = A.Gen Operations: Fnd 10 Src 211 72,285,022 (Proposed Fund 10) Average FTE Loss (Line 2 - Line 6, if > 0) 314 B.Non-Referendum Debt (inside limit) Fund 38 Src 211 0 (to Budget Rpt) X 1.00 = 314 C.Capital Exp, Annual Meeting Approved: Fund 41 Src 211 0 (to Budget Rpt) X (Line 5, Maximum 2018-2019 Revenue per 9,727.63 15. Total Revenue from Other Levies (A+B+C+D) 20,564,368 Memb) = A.Referendum Apprvd Debt (Fund 39 Debt-Src 211) 17,800,000 Non- B.Community Services (Fund 80 Src 211) 2,764,368 (to Budget Rpt) Recurring 3,054,476 Exemption C.Prior Year Levy Chargeback for Uncollectible Taxes (Src 212) 0 (to Budget Rpt) Amount: D.Other Levy Revenue - Milwaukee & Kenosha Only 0 (to Budget Rpt) 16. Total Fall, 2019 ESTIMATED All Fund Tax Levy (14A + 14B + 14C + 15) 92,849,390 Fall 2019 Property Values (actuals have been loaded below) Line 16 is the total levy to be apportioned in the PI-401. Levy Rate = 0.00997135 2019 TIF-Out Tax Apportionment Equalized Valuation 9,311,617,960 12
Budget Summary General Fund Expenditures: page 8 The General Fund shows budgeted expenditures for 2019-20 of $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 13
Budget Summary 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 14
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