2019-20 Budget Workshop Operating Funds May 13, 2019 SMSD BUDGET - - PowerPoint PPT Presentation

2019-20 Budget Workshop

Operating Funds

May 13, 2019

CAPITAL OUTLAY Local-Restricted $49,063,829 14% (State = 0%) SUPPORTING (OPERATING) $235,032,095 61% (State = 72%) Restricted by statute for these purposes:

• Bond Debt &

Apple Leases

• Construction
• Renovation &

repair

• Maintenance

salaries

• Technology and

software

• Furnishings and

equipment

• Uniform

purchases Requires voter approval and is restricted for these purposes:

• Major construction

and renovation of facilities

• Equip and furnish

facilities

• Cannot be used for
• perations
• Bond debt is paid

from the Bond & Interest Fund BOND (DEBT) Local-Restricted $223,000,000 ($29.6M) Debt 7% (State = 0%) FLOW THROUGH State/Local - Restricted $36,778,870 - 9% (State = 81%) FEDERAL Restricted $11,209,925 3% (Federal = 100%) SELF SUPPORTED Fees, Gifts, Grants

• Restricted

$23,813,674 – 6% (State = 1%) Restricted by statute for these purposes:

• KPERS flow-

through contribution funded by the state

• Cost of living

weighting funded by local taxes Restricted by grant for these purposes:

• Title VIB special

education

• Title I reading &

math support in

• ur high

poverty schools

• Title IIA to

develop high qualified teachers and principals

• Title III & IV

Restricted by statute for the revenue specific purposes:

• Food service

and summer school

• Textbook rental

& student materials

• Gift, Donations

& non-federal grants

• Special liability

Unrestricted for these purposes:

• Salary & benefits

83%

• Student

transportation 6%

• Supplies &

services 6%

• Utilities 4%
• Other 1%

SMSD BUDGET 2018-2019

SUPPORTE TED (OPERA RATING) FUNDS NDS

• Funds are used to account for the general operation of the
• district. This includes salaries, benefits, student

transportation, utilities, and supplies & services.

• Includes the general, supplemental general (LOB), special

education as well as other funds that are supported by transfers from these funds.

• Main revenue sources -- state aid, local taxes and

reimbursable fees.

Current Budget Assumptions:

Funding

• BASE increases $271 to $4,436
• Special Education funding increased due to state aid

allotment increase, adding 9.5 SPED FTE, and an increase in SPED transportation cost.

• LOB BASE increases 1.5% based on CPI to $4,555

Anticipated Funding

2019-20 Est. Funding – KSDE Runs

Weighted FTE Increase General State Aid 35,764.8 9,505,669 SPED State Aid 4,546.0 335,324 LOB BASE Increase 35,764.8

• Funding Increase

$9,840,993

2019-20 Est. Funding – SMSD Estimate

Weighted FTE Increase General State Aid 35,343.3 8,241,476 SPED State Aid 5,037.5 1,070,214 LOB BASE Increase 35,343.3 246,334 Funding Increase $9,558,024 Reimbursables/Other 201,981 Estimated Funding Increase $9,760,005

Adjustments for SMSD Estimate

• Enrollment decrease 44.8 FTE
• Vocational Ed – increased 3%
• New Facilities – decrease $1.47 million
• Cost of Living Rate – increased to 4.69%

General Fund (State Aid) $156,889,109 Special Education (State Aid) $22,284,198 Medicaid (Federal) $1,486,420 Local Option Budget (Local Taxes) $61,740,372 Reimburseable Fees (Local) $2,239,000 Other (Local) $1,976,298

2019-20 Estimated Operating Funding

Current Budget Assumptions:

Expenditures

Professional Growth (column movement for additional education) $500,000 Maintains health cap at $649 and 59 new employees in 2019 $675,154 Includes 3% increase for transportation $346,576 Includes increase for utilities (2 new buildings, 3% rate increase & $500,000 one-time utility merger credit) $1,209,674 Includes increase for supplies & services $1,484,519 Personnel Changes of 28.44 FTE $1,673,450 Total $5,889,373

Current Budget Assumptions:

Personnel Changes

FTE Increase Title I Shift 9.40 $711,229 Special Education Staff 13.75 678,219 Curriculum & Instruction Coordinators 2.00 204,542 Additional Social Workers 2.00 151,345 Additional Preschool Location 1.88 98,490 Project Finish Program 1.00 82,720 Other Staffing Changes

• 1.59
• 253,095

Total Personnel Changes 28.44 $1,673,450

Teachers 48.1% Pyschologists 0.7% Administrators 5.3% Classified 11.5% Other Salaries 4.1% Benefits 14.0% Transportation 6.1% Utilities 4.4% Supplies & Services 5.4% Other 0.4%

2019-20 Estimated Operating Expenditures

83.7% of Budget for Salaries and Benefits –$201,873,647

Summary of Fund Balances

Actual Restated Original Projected Anticipated 2017-18 2018-19 2018-19 2019-20 Base State Aid Per Pupil $4,006 $4,165 $4,165 $4,436 Revenues $231,342,401 $237,073,625 $236,855,392 $246,615,397 Expenditures $232,584,556 $237,960,478 $238,358,036 $241,167,063 Surplus (Deficit) ($1,242,155) ($886,853) ($1,502,644) $5,448,334 Beginning Fund Balance $15,501,775 $14,259,620 $14,259,620 $12,756,976 Ending Fund Balance $14,259,620 $13,372,767 $12,756,976 $18,205,310 * Balance as % of Expenditures 6.13% 5.62% 5.35% 7.51% Workers Comp Reserve $2,600,000 $2,600,000 $2,600,000 $2,600,000 Contingency Reserve $5,638,052 $5,638,052 $5,638,052 $5,638,052

* Does not include salary increases for 2019-20

Items Requested for Consideration

Items Already Included in the 2019-20 Budget Professional Growth (Column Movement) 500,000 Already Included Social Workers - 2 FTE 151,346 Already Included Social Workers – Moved from Title I to Operating - 6.4 FTE 484,307 Already Included Instructional Coaches – Moved from Title I to Operating – 3 FTE 226,924 Already Included Aquatic Center (Custodians, Utilities, Transportation) 446,445 Already Included SPED Teacher - 4.0 FTE 176,904 Already Included SPED Para - 8.75 FTE 159,745 Already Included Curriculum Coord. (Performing & Fine Arts) & Diversity Coord. 204,542 Already Included Total $2,350,213 Items for Future Budget Consideration Move HS from 6 Periods to 5 Periods - 41.3 FTE 3,035,633 Move MS from 6 Periods to 5 Periods - 29 FTE 2,131,558 Reduce Elementary Staffing Guidelines Cap by 2 - Adds 31 FTE Teachers 2,278,531 Social Workers - 7 FTE 529,711 Total $7,975,433 Potential Salary Increase Cost Factors Step - All Pay Groups 2,328,264 Base - 1% All Pay Groups 1,713,143

• Federal grants received directly from the federal

government or passed through the state of Kansas.

• Restricted to the specific use detailed in the grant

documents.

FEDERAL FUNDS

Title I – Low Income $3,177,141 Title I – Migrant 66,000 Title IIA – Teacher Quality 665,296 Title III – ELL 230,384 Title IVA – Prof. Development 130,830 Title VIB – SPED IDEA 6,116,079 Carl Perkins – CTE 267,922

Title I

Estimated 2018-19

2017-18 Carryover Balance $263,090 2018-19 Allocation 3,207,649 Total Funding $3,470,739 Salaries (15 buildings – 57.3 FTE) $3,249,430 Supplies & Services 229,953 Indirect Cost 141,356 Readjust to General Fund (150,000) Total Expenses $3,470,739 Carryover Balance $0

Projected 2019-20

2018-19 Carryover Balance $0 2019-20 Allocation 3,177,141 Total Funding $3,177,141 Salaries (10 buildings – 41.4 FTE) $2,375,000 Supplies & Services 462,130 Indirect Cost 140,011 Total Expenses $2,977,141 Carryover Balance $200,000

0.000 10.000 20.000 30.000 40.000 50.000 60.000 70.000 Special Liability Special Assessment Declining Enrollment Cost of Living Bond & Interest Capital Outlay LOB General Fund * Anticipated 2019 cost to owner of $200,000 home -- $1,151

Mill Levy History

Projected 2019 Mill Levy – 52.057 (0.71% decrease)

Budget Timeline

Budget Workshop – Operating Funds May 13, 2019 Approval of Publication July 22, 2019 (tentative) Publication of Notice of Hearing in KC Star July 25, 2019 (approximately) 10-day Publication Noticed Ends August 4, 2019 Budget Hearing and Adoption August 12, 2019 (tentative) Budget Submission Deadline August 25, 2019 Presentation can be found at SMSD.org – Budget & Finance Section