Preliminary Budget Recommendation FY 2016-17 Budget Development - - PowerPoint PPT Presentation
Preliminary Budget Recommendation FY 2016-17 Budget Development November December Community Engagement Public meetings Online thought exchange December Governors budget proposal Board approves pro
guidance
estimated at $10.9 million
Actual [1] Estimated [1] Approved Budget Preliminary Individual Funds FY 2013-14 FY 2014-15 FY 2015-16 FY 2016-17 $ % General Fund 541.301 $ 547.368 $ 569.093 $ 562.382 $ (6.711) $
Transportation Fund 22.328 22.441 23.192 23.192
Grants Fund 44.500 46.165 57.441 58.090 0.649 1.1% Debt Service Fund 84.703 86.763 87.161 84.634 (2.527)
Capital Projects Fund 17.862 1.376 7.000 10.000 3.000 42.9% Food Service Fund 20.455 22.850 22.261 22.484 0.223 1.0% Student Activities Fund 7.643 7.726 7.189 7.900 0.711 9.9% ASD Managed Total 738.792 734.689 773.337 768.682 (4.655)
SOA PERS/TRS On-behalf 120.288 721.619 [2] 47.347 46.000 (1.347)
Total All Funds 859.080 $ 1,456.308 $ 820.684 $ 814.682 $ (6.002) $
[1] GAAP basis expenditures with on-behalf pension payments removed from individual funds [2] PERS and TRS on-behalf has been updated for FY 2014-15 due to SB 119 appropriations of $3B into PERS/TRS
FY 17 Prelim vs FY 16 Budget
($ in millions)
Line #
Actual Actual Revised Budget Prelim Individual Funds FY 2013-14 FY 2014-15 FY 2015-16 FY 2016-17 $ % Local Revenue
1
Property taxes 192.466 $ 200.213 $ 200.603 $ 205.679 $ 5.076 $ 2.5%
2
Fund balance 7.000 1.621 18.000
3
E-rate 2.040 1.924 1.500 1.355 (0.145)
4
Interest earnings 1.664 0.443 1.000 1.000
5
Facility rentals 0.827 0.677 0.725 0.725
6
User fees 1.470 1.530 1.404 1.404
7
Other local 0.474 0.655 0.397 0.390 (0.007)
8
Total local revenue 205.941 207.063 223.629 210.553 (13.076)
State revenue
9
Foundation funding 317.473 326.610 326.487 332.379 5.892 1.8%
10
Operating grants outside BSA 7.473 12.661
11
Quality School Grant 1.188 1.187 1.183 1.196 0.013 1.1%
13
State tuition reimbursement 0.408 0.408 0.405 0.405
14
Total state revenue 326.542 340.866 328.075 333.980 5.905 1.8% Federal revenue
14
Federal Impact Aid 18.142 21.484 16.274 16.589 0.315 1.9%
15
JROTC instructor reimbursement 0.763 0.848 0.615 0.760 0.145 23.6%
16
Medicaid reimbursement 0.689 0.489 0.500 0.500
17
Total federal revenue 19.594 22.821 17.389 17.849 0.460 2.6%
18
General Fund Budgeted Revenue 552.077 $ 570.750 $ 569.093 $ 562.382 $ (6.711) $
*excludes PERS and TRS on-behalf payments for comparability purposes
FY 17 Prelim vs FY 16 Budget
10.88 1.55 3.95 8.00 0.30 0.45 0.33
4.0 6.0 8.0 10.0 12.0 14.0
FY 2016-17 Initial Budget Gap Instructional Support Changes in Cost Estimates PTR Increase Ancillary Support Services Building Administration Crental Administration
$210,000 1.49 FTE
$87,000 1 FTE
$41,000
$25,000
$13,000
$74,000
$150,000 1 FTE
$73,000
$16,000
$75,000
echnology $8,000 1 FTE
$25,000 1 FTE
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