Richland School District Two 2017-2018 Budget Board Meeting First - - PowerPoint PPT Presentation

Richland School District Two

2017-2018 Budget

Board Meeting – First Reading April 18, 2017

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Recap of the Budget Process

• Input from Stakeholders
• Board Priorities Input
• Opportunities at all stakeholder meetings
• Opportunities at Board Meetings
• Designated Email address for public input
• Input from School Level Representatives and Department Leadership
• Employee Survey Input
• Superintendent’s Extended Kitchen Cabinet evaluates and

prioritizes needs/requests.

• Superintendent and Budget Team had face to face meetings with

Department Leadership and School Level Representatives to gain a better understanding of needs/requests and the related level of priority.

• Will continue vetting through communications at Board Meetings

and Cabinet meetings to explore additional strategies for meeting the District’s goals with the funds available.

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Board Budget Priorities

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*Maintain low Pupil/Teacher ratio. (5) *Increase recruitment efforts to attract the best teachers and administrators

• nationwide. (5)

*Improve middle school achievement. (3) *Maintain the 15% reserve cash balance and be fiscally responsible (3) * Develop and implement a foreign language program for elementary

• students. (3)

* Increased support of elementary literacy programs. (2) * Leadership mentoring programs. Future leader identification. (2)

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Key Budget Assumptions

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* Assumes growth of 350 students * Includes costs associated with opening Jackson Creek Elementary * Assumes revenue projections based on Senate budget, which includes a BSC of $2,435 (increase of $85) * Assumes Teacher Salary schedule increase of step as proposed by State * Assumes a $298,000 value of a Mill as estimated by the County * Assumes a 3.3% increase to the employer cost of health insurance * Assumes a 2.0% Increase in the employer portion of State Retirement Costs (Note: Employees will also see a 0.34% increase in the employee portion of their retirement withholdings.)

What has changed since our Last Budget Meeting…

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The State Department of Education has provided budget projections based

• n the Senate Version of the Budget. Increases in revenue based on these

new projections include: $1.9 million in State Revenue for Fringe Benefits $165k for State Revenue for Teacher Salary Supplement (TSS) Value of a Mill increase based on County’s updated Projections: $2 million

What has changed since our Last Budget Meeting…

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Total Revenue Generated with a 0 Mill Increase $272,431,530 Total Revenue Generated with a Cap of 7.9 Mill Increase $274,785,730 Additional Revenue Generated with 7.9 Mill Increase $2,354,200

How we currently use General Fund dollars….

Personnel Costs 87.5%

Utilities 4.1%

Property Contracts & Repairs/Maintenance 3.2%

All Other Costs 5.2%

2016-2017 GENERAL FUND EXPENDITURE BUDGET

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