Central Consolidated School District March 15, 2018 Fiscal Year - - PowerPoint PPT Presentation

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Central Consolidated School District March 15, 2018 Fiscal Year - - PowerPoint PPT Presentation

May 13, 2023 11 likes •175 views

Central Consolidated School District March 15, 2018 Fiscal Year 17-18 and Fiscal Year 18-19 FY 18-19 FY 17-18 Student Enrollment Average 80 & Student Enrollment Average 120 Day: 5694.5 (-222.5) 80 & 120 Day: 5917 Unit

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SLIDE 1

Central Consolidated School District

March 15, 2018

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SLIDE 2

Fiscal Year 17-18 and Fiscal Year 18-19

FY 17-18

  • Student Enrollment Average

80 & 120 Day: 5917

  • Unit Value: $4,084.26
  • State Equalization Guarantee

(SEG): $32,356,995.37 FY 18-19

  • Student Enrollment Average 80 &

120 Day: 5694.5 (-222.5)

  • Unit Value: $4,165.95 (Estimated at

2% increase)

  • State Equalization Guarantee

(SEG): $30,172,994.52 (-2,184,000.85)

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SLIDE 3

Types of Funding

  • Operational Funds
  • Impact Aid
  • State of New Mexico
  • Major Grant Funds
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SLIDE 4

Fiscal year 18-19

  • Student Enrollment Average 80 & 120 Day:
  • 5694.5 (-222.5 Students)
  • Unit Value:
  • Set at $4,165.95 (Estimated at 2% increase)
  • State Equalization Guarantee (SEG):
  • $30,172,994.52 (Estimated)
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SLIDE 5

Enrollment

6041.75 6061 5917 5694.5 5000 5200 5400 5600 5800 6000 6200 Enrollment 15-16 16-17 17-18 18-19

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SLIDE 6

Unit Value

4027.75 3979.63 4053.55 4165.95

3000 3250 3500 3750 4000 4250

Unit Value

15-16 16-17 17-18 18-19

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SLIDE 7

State Equalization Guarantee

$30,792,331 $26,673,207 $32,018,811 $30,172,995 $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 SEG 15-16 16-17 17-18 18-19

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SLIDE 8

Impact Aid Funding (Non Special Ed Funding)

$22,751,100.00 $18,065,612.45 $18,534,650.00

$21,526,000.00

$0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 SEG

15-16 16-17 17-18 18-19

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SLIDE 9

Current Year Revenue Adjustments

  • October 2016 Unit Value Reduction
  • February 2017 Cash Balance Pull

Back

  • 17-18 State Equalization Increase
  • 17-18 Impact Aid Reduction from

Dollars UV reduction 16- 17

  • $691,199

Cash Balance Reduction 16-17

  • $921,177

Projected 17-18 SEG $5,345,604 Projected 17-18 Impact Aid

  • $1,750,100

Total

  • $1,983,128
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SLIDE 10

District Budget Fixed Cost Expenditures

  • Cost Increases
  • Health & Medical Premiums
  • 3.98% increase – Both employer and employee - $95,000
  • Property & Liability Premiums
  • Anticipate a 3% increase - $37,500

Utility Services

  • Budgeting for a 10% increase - $347,750
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SLIDE 11

Budget Expenditures

69% 7% 2% 22%

Budget

Salaries & Benefits Utilities Insurance Other Expenses

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SLIDE 12

Expenditures by Function

49% 49% 0.50% 1.50%

SEG and Impact Aid Funding By Function

1000 Direct Instruction 2000 Student Support 3000 Community Service 4000 Facilities & Construction

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SLIDE 13

CCSD Employees Statistics

* 1150 Total CCSD Employees

  • 387 Certified Employees
  • 280 Non-Certified Full Time
  • 483 Substitutes & Part-Time (Varies)
  • $48,677.00/Average Salary - Certified Employees
  • $40,971.00/Average Salary – Non-Certified Employees
  • $18,837,503.00 Salary Expense (Certified Employees)
  • $ 7,187,408.00 Salary Expense (Non-Certified Employees)
  • $ 2,232,288.00 Salary Expense (Administration, Includes Principals)
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SLIDE 14

CCSD Grant Funding

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SLIDE 15

CCSD Grant Funding

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SLIDE 16

Questions?