2019-20 Budget Workshop Operating Funds May 13, 2019
SMSD BUDGET 2018-2019 SUPPORTING CAPITAL OUTLAY BOND (DEBT) FLOW THROUGH FEDERAL SELF SUPPORTED Local-Restricted Local-Restricted (OPERATING) State/Local - Restricted Fees, Gifts, Grants $49,063,829 $235,032,095 $223,000,000 ($29.6M) Restricted $11,209,925 -Restricted 61% 14% Debt 7% $36,778,870 - 9% $23,813,674 – 6% 3% (State = 72%) (State = 0%) (State = 0%) (State = 81%) (Federal = 100%) (State = 1%) Restricted by statute Unrestricted for Requires voter approval Restricted by Restricted by grant Restricted by for these purposes: these purposes: and is restricted for statute for these for these purposes: statute for the • • Bond Debt & • Salary & benefits these purposes: purposes: Title VIB special revenue specific Apple Leases • • 83% Major construction KPERS flow- education purposes: • • Construction Student • • and renovation of through Title I reading & Food service • Renovation & transportation facilities contribution math support in and summer repair • 6% Equip and furnish funded by the our high school • • Maintenance • Supplies & facilities state poverty schools Textbook rental salaries • • • services 6% Cannot be used for Cost of living Title IIA to & student • • Technology and Utilities 4% operations weighting develop high materials • software Other 1% • • Bond debt is paid funded by local qualified Gift, Donations • Furnishings and from the Bond & taxes teachers and & non-federal equipment Interest Fund principals grants • Uniform • • Title III & IV Special liability purchases
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 2019-20 Est. Funding – SMSD Estimate Weighted FTE Increase Weighted FTE Increase General State Aid 35,764.8 9,505,669 General State Aid 35,343.3 8,241,476 SPED State Aid 4,546.0 335,324 SPED State Aid 5,037.5 1,070,214 LOB BASE Increase 35,764.8 - LOB BASE Increase 35,343.3 246,334 Funding Increase $9,840,993 Funding Increase $9,558,024 Reimbursables/Other 201,981 Adjustments for SMSD Estimate Enrollment decrease 44.8 FTE Estimated Funding $9,760,005 Vocational Ed – increased 3% Increase New Facilities – decrease $1.47 million Cost of Living Rate – increased to 4.69%
2019-20 Estimated Operating Funding Reimburseable Fees Other (Local) (Local) $2,239,000 $1,976,298 Local Option Budget (Local Taxes) $61,740,372 Medicaid (Federal) General Fund $1,486,420 (State Aid) $156,889,109 Special Education (State Aid) $22,284,198
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 $1,209,674 (2 new buildings, 3% rate increase & $500,000 one-time utility merger credit) 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
2019-20 Estimated Operating Expenditures Other Salaries 4.1% Benefits Administrators Classified Transportation 14.0% 5.3% 11.5% 6.1% Pyschologists Utilities 0.7% 4.4% Supplies & Services Teachers 5.4% 48.1% Other 0.4% 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 * Does not include Ending Fund Balance $14,259,620 $13,372,767 $12,756,976 $18,205,310 * salary increases for 2019-20 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
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 FUNDS • 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 . 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 Projected 2019-20 2017-18 Carryover Balance $263,090 2018-19 Carryover Balance $0 2018-19 Allocation 3,207,649 2019-20 Allocation 3,177,141 Total Funding $3,470,739 Total Funding $3,177,141 Salaries (15 buildings – 57.3 FTE) $3,249,430 Salaries (10 buildings – 41.4 FTE) $2,375,000 Supplies & Services 229,953 Supplies & Services 462,130 Indirect Cost 141,356 Indirect Cost 140,011 Readjust to General Fund (150,000) Total Expenses $2,977,141 Total Expenses $3,470,739 Carryover Balance $200,000 Carryover Balance $0
Mill Levy History Projected 2019 70.000 Mill Levy – 52.057 (0.71% decrease) 60.000 Special Liability 50.000 Special Assessment 40.000 Declining Enrollment Cost of Living 30.000 Bond & Interest 20.000 Capital Outlay LOB 10.000 General Fund 0.000 * Anticipated 2019 cost to owner of $200,000 home -- $1,151
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
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