Shawano School District 2016-17 Budget Community Budget Meetings - - PowerPoint PPT Presentation

Shawano School District 2016-17 Budget Community Budget Meetings August 31 & September 6

August 31, 2016 – Public presentation of 2016-17 Budget (HS Auditorium) September 6, 2016 – Public presentation of 2016-17 (HS Auditorium) September 16, 2016 – Third Friday in September count date (for revenue cap purposes) September 17, 2016 – Middle School Open House (10 am to 2 pm) September 19, 2016 - Shawano School District Annual Meeting (Middle School) October 1, 2016 – Equalized valuation received from the Department of Revenue October 14 or 17, 2016 – Equalized Aid Determined by the DPI October 14 or 17, 2016 – Final Revenue Limit Determined by the DPI October 19, 2016 - Finance Committee meeting to determine final levy and budget to be presented to BOE October 24, 2016 – Regular Board meeting – Approve 2016-17 Budget and final levy By November 6, 2016 – Tax levy certificates (for 16-17 school year) sent to each municipality within the district.

Key Variables in School Finance

• ***Revenue Limits***
• 3rd Friday in September
• 3 year rolling average
• Property Values
• Under levying or levying

the maximum allowable

• Per Pupil $$ Increase
• Equalization Aid
• Debt Service
• ***Equalized Aid***
• State pot of money
• Prior year Sept. & January

Membership

• How much we spend (aka

shared cost)

• How much other districts

spend

• Property Values

What we have done in preparation of the 2016-17 Budget

• Presenting the 16-17budget based on assumptions and

estimates both locally and at the state level (DPI)

• Presenting a balanced general fund budget
• Health insurance change in 15-16. The gift that keeps giving!

By changing our plan, our rates are far below what they would have been had we stayed self funded.

• The current state budget was beneficial for Shawano

because:

• a. We have stable enrollment
• b. Levied the maximum limit in 2015-16 AND spent $500,000
• f it on the MS remodel.
• Per Pupil Aid was increased to $250 per pupil (from $150)and

with a stable or growing enrollment, means more money.

• Establish Fund 46 to address future maintenance needs

What we know and don’t know (at this point)

What we know:

• Health and dental rates - 7.9% premium increase on health insurance
• 0% increase on dental premiums
• Wage increases for all staff have been determined
• Transportation contract
• Both food service and cleaning service vendors are contracted

What we are uncertain of:

• Third Friday count – anticipating growth
• District property values
• Open enrollment numbers – Students in, out and Special Education
• What other districts spent in 15-16 (impacts equalization aid)
• The impact of end of year audit entries – OPEB, June expenditures, what is allowed and

not allowed

Enrollment Trends 1994-2016

2779 2807 2867 2920 2937 2929 2927 2927 2927 2918 2940 2872 2843 2529 2447 2491 2456 2422 2411 2500 2426 2448

DISTRICT:

• 1. 2015-16 Base Revenue (Funds 10, 38, 41)

(from left) 23,568,814

• 2. Base Sept Membership Avg (13+.4ss, 14+.4ss, 15+.4ss/3)

(from left) 2,451 2015-16 General Aid Certification (15-16 Line 12A, src 621) + 13,468,129 3. 2015-16 Base Revenue Per Member (Ln 1 / Ln2) (with cents) 9,616.00 2015-16 Computer Aid Received (15-16 Line 17, Src 691) + 31,358 4. 2016-17 Per Member Change (A+B+C) 0.00 2015-16 Hi Pov Aid (15-16 Line 12B, Src 628) + 166,808

• A. Allowed Per-Member Change

0.00 2015-16 Fnd 10 Levy Cert (15-16 Line 18, Levy 10 Src 211) + 10,295,632 B. Low Rev Incr ((9,100 - (3 + 4A))-4C) Not < 0 2015-16 Fnd 38 Levy Cert (15-16 Line 14B, Levy 38 Src 211) + 0 C. Low Rev Dist in CCDEB (Enter DPI Adjustment) 2015-16 Fnd 41 Levy Cert (15-16 Line 14C, Levy 41 Src 211) + 0 5. 2016-17 Maximum Revenue / Member (Ln 3 + Ln 4) 9,616.00 2015-16 Aid Penalty for Over Levy (15-16 FINAL Rev Limit Wksh - 0 6. Current Membership Avg (14+.4ss, 15+.4ss, 16+.4ss/3) (from left) 2,448 2015-16 Total Levy for All Levied Non-Recurring Exemptions*

• 393,113 7. 2016-17 Rev Limit, No Exemptions (Ln7A + Ln 7B)

(rounded) 23,568,814 *NET Base Revenue Built from 15-16 Data (Line 1) = 23,568,814

• A. Max Rev/Memb x Cur Memb Avg (Ln 5 x Ln 6)

23,539,968

• B. Hold Harmless Non-Recurring Exemption

28,846

• 8. Total 2016-17 Recurring Exemptions (A+B+C+D+E)

(rounded)

• A. Prior Year Carryover
• B. Transfer of Service
• C. Transfer of Territory/Other Reorg (if negative, include sign)
• D. Federal Impact Aid Loss (2014-15 to 2015-16)
• E. Recurring Referenda to Exceed (If 2016-17 is first year)

Count Ch. 220 Inter-District Resident Transfer Pupils @ 75%.

• 9. 2016-17 Limit with Recurring Exemptions (Ln 7 + Ln 8)

23,568,814 Line 2: Base Avg:(13+.4ss)+(14+.4ss)+(15+.4ss) / 3 = 2,451 10.Total 2016-17 Non-Recurring Exemptions (A+B+C+D+E+F+G+H) 267,212 2013 2014 2015

• A. Non-Recurring Referenda to Exceed 2016-17 Limit

Summer fte: 133 140 123

• B. Declining Enrollment Exemption for 2016-17 (from left)

28,848 % (40,40,40) 53 56 49

• C. Energy Efficiency Net Exemption for 2016-17 (see pg 4 for details)

Sept fte: 2,429 2,372 2,393

• D. Adjustment for Refunded or Rescinded Taxes, 2016-17

Total fte 2,482 2,428 2,442

• E. Prior Year Open Enrollment (uncounted pupil[s])
• F. Reduction for Ineligible Fund 80 Expenditures (enter as negative)

Line 6: Curr Avg:(14+.4ss)+(15+.4ss)+(16+.4ss) / 3 = 2,448 G. Environmental Remediation Exemption 2014 2015 2016

• H. Private School Voucher Aid Deduction per 2015 Act 622

238,364 Summer fte: 140 123 123 11.2016-17 Revenue Limit With All Exemptions (Ln 9 + Ln 10) 23,836,026 % (40,40,40) 56 49 49 12.Total Aid to be Used in Computation (12A + 12B) 14,339,007 Sept fte: 2,372 2,393 2,425

• A. JULY 1 General Aid ESTIMATE

14,172,199 Total fte 2,428 2,442 2,474

• B. State Aid to High Poverty Districts (not all districts)

166,808 Line 10B: Declining Enrollment Exemption = 28,848 13.Allowable Limited Revenue: (Line 11 - Line 12) 9,497,019 Average FTE Loss (Line 2 - Line 6, if > 0) 3 (10, 38, 41 Levies + Src 691. Src 691 is DOR Computer Aid.) X 1.00 = 3 14.Total Limited Revenue To Be Used (A+B+C) 9,497,019 X (Line 5, Maximum 2016-2017 Revenue per Memb) = 9,616.00 Entries Required Below: Enter amnts needed by purpose and fund: Non-Recurring Exemption Amount: 28,848

• A. Gen Operations: Fnd 10 including Src 211 & Src 691

9,497,019 (Proposed Fund 10)

• B. Non-Referendum Debt (inside limit) Fnd 38 Src 211

(to Budget Rpt) Line 17: State Aid for Exempt Computers = 30,819 C. Capital Exp, Annual Meeting Approved: Fnd 41 Src 211 (to Budget Rpt) Line 17 = A X (Line 16 / C) (to 8 decimals) Round to Dollar 15.Total Revenue from Other Levies (A+B+C+D) 3,428,229

• A. Referendum Apprvd Debt (Non Fund 38 Debt-Src 211)

3,242,802

2016 Property Values (estimate until Oct '16 values are available)

• B. Community Services (Fnd 80 Src 211)

185,000 (to Budget Rpt)

• A. 2016 Exempt Computer Property Valuation

Required + 3,039,800 C. Prior Year Levy Chargeback for Uncollectible Taxes (Src 212) 427 (to Budget Rpt)

• B. 2016 TIF-Out Tax Apportionment Equalized Valuation

+ 1,271,833,060 D. Other Levy Revenue - Milwaukee & Kenosha Only (to Budget Rpt)

• C. 2016 TIF-Out Value plus Exempt Computers (A + B)

= 1,274,872,860 16.Total Levy + Src 691, "Proposed Levy" (Ln 14 + Ln 15) 12,925,248 Computer aid replaces a portion of proposed Fund 10 Levy 17.Est Src 691 (Comp Aid) Based on Ln 16 & Values Entered 30,819 Src 691 = Computer Value X (Proposed Levy / (TIF-Out Val + Computer Value)) 18.Fnd 10 Src 211 (Ln 14A-Ln 17), 2016-17 Budget 9,466,200 Line 18 (not 14A) is the Fund 10 Levy certified by the Board. 19.Total Fall, 2016 All Fund Tax Levy (14B + 14C + 15 + 18) 12,894,429 CELL COLOR KEY: Auto-Calc DPI Data District-Entered Line 19 is the total levy to be apportioned in the PI-401. Levy Rate = 0.01013846

*For 2015-16 Non-Recurring Exemptions Levy Amount, enter actual amount for which district levied; (7B Hold Harmless, Non-Recurring Referenda, Declining Enrollment, Energy Efficiency Exemption, Refunded/Rescinded Taxes, Prior Year Open Enrollment Pupils, Reduction for Ineligible Fund 80 Expends, Environmental Remediation, Adjustment for New choice Pupils in 2015-16)

September & Summer FTE Membership Averages

THIS IS THE JULY 1 ESTIMATE OF GENERAL AID. REMEMBER TO REPLACE WITH THE OCT 15 CERT.

2016-2017 Revenue Limit Worksheet

Line 1 Amount may Not Exceed Line 11 - (Line 7B+Line 10) of Final 15-16 Revenue Limit

DATA AS OF 7/5/2016 7:25 AM

What are all these Funds?

• Fund 10 – General Fund – used to operate a school

district & normal expenses

• Fund 27 – ALL Special Education Expenses and

Revenues – must be cost neutral

• Fund 38 & 39 - Debt
• Fund 46 – Capital Projects Fund – NEW!
• Fund 50 – ALL Food Service Expenses and Revenues –

Can make money; only used for food service

• Fund 80 – Community Education – Adult classes, Open

Swim, Community Hockey, etc.

Fund 46 – Why it works for Shawano

• Set a 10-year

maintenance plan; Can change with BOE approval

• Open a designated trust

account

• Cannot withdraw from

account for first 5 years

• Board approves any

changes and reviews at least annually

• Allows deposit of EOY

dollars to fund

• The EOY deposit is

AIDABLE even though we did not spend the money

• Builds a fund for future

capital projects – boilers, windows, sites, other big maintenance projects.

Where does our Money Come From?

PROPERTY TAX 34% EQUALIZED AID 52% LOCAL 1% OPEN ENROLLMENT 5% OTHER STATE SOURCES 6% FEDERAL GRANTS 2% 2016-17 PROPOSED REVENUE SOURCES APPROXIMATELY $27.5 MILLION

General Fund Revenue

2014-15 2015-16 2015-16 2016-17 Actual Budget Actual Budget 10 R --- 211 ------ --- PROPERTY TAXES 9,535,078 10,295,632 10,295,632 9,466,356 10 R --- 212 ------ --- CHARGEBACKS 1,054 7,072 7,072 427 10 R --- 213 ------ --- MOBILE HOME TAX 16,155 15,000 27,537 5,000 10 R --- 270 ------ --- SCHOOL ACTIVITY INCOME 3,325 10 R --- 271 ------ --- ADMISSIONS 55,860 35,000 44,493 33,600 10 R --- 279 ------ --- OTHER SCHOOL ACTIVITY INCOME 14,260 5,000 8,400 4,000 10 R --- 280 ------ --- INTEREST ON INVESTMENTS 7,154 12,000 6,277 5,000 10 R --- 291 ------ --- GIFTS 4,680 10 R --- 292 ------ --- STUDENT FEES 14,361 13,000 19,388 14,000 10 R --- 297 ------ --- STUDENT FINES 44 500 395 100 10 R --- 299 ------ --- MISCELLANEOUS 9,400 18 10 R --- 2-- ------ --- REVENUE FROM LOCAL SOURCES 9,648,647 10,392,604 10,412,538 9,528,483 10 R --- 317 ------ --- TRANSIT FEDERAL AIDS-WI DISTRI 1,641 1,671 10 R --- 341 ------ --- GENERAL TUITION-NON OPEN ENROLLMENT 2,054 1,414 10 R --- 345 ------ --- GENERAL TUITION OPEN ENROLLMENT 1,293,114 1,373,445 1,399,224 1,425,139 10 R --- 3-- ------ --- INTERDISTRICT PAYMENTS/WIS 1,296,809 1,373,445 1,402,308 1,425,139 10 R --- 517 ------ --- TRANSIT FEDERAL AIDS-CESA 1,305 17,000 10 R --- 5-- ------ --- REVENUE FROM INTERMEDIATE SOURCES 1,305 17,000 10 R --- 612 ------ --- TRANSPORTATION AID 76,090 70,000 75,324 70,000 10 R --- 613 ------ --- LIBRARY AID 103,535 80,000 108,339 100,000 10 R --- 619 ------ --- OTHER CATEGORICAL AID 368,700 355,800 367,650 587,500 10 R --- 621 ------ --- EQUALIZATION AID 13,447,319 13,468,129 13,456,585 14,339,007 10 R --- 628 ------ --- HIGH POVERTY AID 148,152 145,000 166,808 166,808 10 R --- 629 ------ --- OTHER STATE GENERAL AID 3,000 10 R --- 630 ------ --- SPECIAL PROJECT GRANTS 21,880 26,218 10 R --- 650 ------ --- STATE YOUTH INITIATIVE GRANT, JTPA 852,627 850,000 783,975 800,000 10 R --- 660 ------ --- PAYMENT IN LIEU OF TAXES 25,605 25,000 26,079 10,000 10 R --- 691 ------ --- COMPUTER AID 34,922 31,358 31,358 30,663 10 R --- 6-- ------ --- REVENUE FROM STATE SOURCES 15,078,830 15,028,287 15,042,336 16,103,978 10 R --- 721 ------ --- IMPACT AID, PL81-874 1,739 3,430 10 R --- 730 ------ --- ESEA TITLE PROJECTS 236,284 103,182 87,419 180,000 10 R --- 751 ------ --- EASA TITLE I-A 407,216 399,701 424,536 279,144 10 R --- 780 ------ --- FEDERAL AID THRU STATE-NOT DPI 129,615 107,171 10 R --- 7-- ------ --- REVENUE FROM FEDERAL SOURCES 774,853 502,883 622,555 459,144 10 R --- 862 ------ --- LAND AND OTHER REAL PROPERTY 29,250 10 R --- 8-- ------ --- OTHER FINANCING SOURCES 29,250 10 R --- 970 ------ --- REFUND OF DISBURSEMENTS 3,577 10 R --- 971 ------ --- E-RATE & PRIOR YEAR REFUNDS 71,440 14,205 82,538 11,000 10 R --- 990 ------ --- MISCELLANEOUS 11,889 5,000 31,432 9,000 10 R --- 9-- ------ --- OTHER REVENUES 83,328 19,205 117,547 20,000 26,883,771 27,333,424 27,597,284 27,565,994

And Where Does Our Money Go?

SALARY 43% FRINGES 19% TRANSPORTATION 5% SPECIAL ED TRANSFER 11% UTILITIES 2% TECHNOLOGY 1% INSURANCE 1% MAINTENANCE 7% OTHER 5% EXTRACURRICULA 2% OPEN ENROLLMENT 4%

2016-17 PROPOSED EXPENDITURE BUDGET APPROXIMATELY $27.5 MILLION

General Fund Expenses

2014-15 2015-16 2015-16 2016-17 Actual Budget Actual Budget 10 E --- 110 ------ --- PERMANENT FULL TIME 9,354,173.75 9,502,818.00 9,305,972.55 9,667,253.00 10 E --- 115 ------ --- NON-TEACHING SALARY 1,871,609.42 1,828,217.00 1,862,314.51 1,659,664.00 10 E --- 116 ------ --- OVERTIME 34,490.40 2,000.00 12,752.52 5,000.00 10 E --- 140 ------ --- TEMPORARY PART TIME 214,233.41 207,000.00 240,160.75 210,000.00 10 E --- 1-- ------ --- SALARIES 11,474,506.98 11,540,035.00 11,421,200.33 11,541,917.00 10 E --- 212 ------ --- RETIREMENT EMPLOYER 762,668.11 705,273.00 729,931.02 749,096.00 10 E --- 216 ------ --- SICK LEAVE PAYOUT 4,200.00 10 E --- 217 ------ --- HDHP HRA 612,795.00 537,980.90 368,500.00 10 E --- 218 ------ --- EARLY RETIREMENT TRUST 311,391.06 510,000.00 356,078.27 644,500.00 10 E --- 219 ------ --- OPEB HRA 102,000.00 117,000.00 117,000.00 176,000.00 10 E --- 222 ------ --- EMPLOYER SOCIAL SECURITY 829,431.21 827,064.00 828,645.83 843,979.00 10 E --- 230 ------ --- LIFE INSURANCE 62,455.53 49,161.00 64,815.25 60,519.00 10 E --- 241 ------ --- MEDICAL 3,366,389.10 2,245,884.00 2,032,846.33 2,284,820.00 10 E --- 243 ------ --- DENTAL 20,891.21 176,615.00 181,826.97 194,816.00 10 E --- 249 ------ --- OTHER HEALTH INSURANCE 3,244.48 2,500.00 314.74 10 E --- 251 ------ --- INCOME PROTECTION INSURANCE 24,070.04 26,953.00 26,798.62 27,005.00 10 E --- 293 ------ --- MISC BENEFITS-WELLNESS 60 10 E --- 2-- ------ --- EMPLOYEE BENEFITS 5,482,540.74 5,273,245.00 4,880,497.93 5,349,235.00 10 E --- 310 ------ --- PURCHASED PERSONAL SERVICES 931,642.96 908,912.00 1,003,758.12 1,012,596.00 10 E --- 320 ------ --- PURCHASED PROPERTY SERVICES 565,951.82 1,205,738.00 1,169,845.25 837,615.00 10 E --- 327 ------ --- CONSTRUCTION SERVICES

• 2,335.00

10 E --- 331 ------ --- GAS FOR HEAT 188,127.04 190,000.00 135,571.53 152,500.00 10 E --- 332 ------ --- OIL FOR HEAT 10,000.00 10 E --- 336 ------ --- ELECTRICITY FOR OTHER THAN HEAT 491,023.93 461,000.00 501,934.52 511,000.00 10 E --- 337 ------ --- WATER 11,291.48 13,000.00 11,023.86 10,900.00 10 E --- 338 ------ --- SEWERAGE 22,559.19 24,500.00 23,377.58 23,400.00 10 E --- 341 ------ --- PUPIL TRAVEL 1,149,889.70 1,250,355.00 1,111,402.69 1,279,895.00 10 E --- 342 ------ --- EMPLOYEE TRAVEL 39,109.16 58,000.00 30,094.33 56,086.00 10 E --- 343 ------ --- NON EMPLOYEE TRAVEL 1,879.89 405.76 1,000.00 10 E --- 345 ------ --- PUPIL LODGING AND MEALS 680.29 727.37 540 10 E --- 348 ------ --- VEHICLE FUEL 5,660.47 11,000.00 6,225.68 8,500.00 10 E --- 350 ------ --- COMMUNICATION 6,469.27 4,989.60 10 E --- 353 ------ --- POSTAGE/CARTAGE 21,993.54 25,300.00 17,716.65 25,400.00 10 E --- 354 ------ --- PRINTING & BINDING 14,159.37 12,810.00 11,153.93 9,300.00 10 E --- 355 ------ --- TELEPHONE & TELEGRAPH 50,710.85 50,881.00 52,307.01 51,001.00 10 E --- 358 ------ --- INTERNET 60,829.00 61,400.00 65,579.00 61,400.00 10 E --- 360 ------ --- DATA PROCESSING 10,296.00 8,000.00 8,648.50 8,800.00 10 E --- 381 ------ --- PAYMENT TO CITY MUNICIPALITY 46,755.19 58,000.00 68,661.23 36,000.00 10 E --- 382 ------ --- PAYMENT TO WI SCHOOL DISTRICT 867,982.00 1,008,520.00 822,829.56 989,211.00 10 E --- 385 ------ --- PAYMENT TO COUNTY 75.52 570.16 10 E --- 386 ------ --- PAYMENT TO CESA (SERVICE ONLY) 47,589.58 49,095.00 46,807.17 41,542.00 10 E --- 387 ------ --- PAYMENT TO STATE 19,048.70 191,150.00 200,965.00 254,164.00 10 E --- 389 ------ --- PAYMENT TO VTAE DISTRICT 846.75 2,500.00 1,524.00 2,500.00 10 E --- 3-- ------ --- PURCHASED SERVICES 4,552,236.70 5,600,161.00 5,296,118.50 5,373,350.00

General Fund Expenses (cont.)

10 E --- 411 ------ --- GENERAL SUPPLIES 532,847.32 576,586.00 467,267.32 604,451.00 10 E --- 412 ------ --- PAINT SUPPLIES 4,043.60 5,100.00 4,750.84 4,650.00 10 E --- 413 ------ --- COMPUTER SUPPLIES 3,030.00 625 500 10 E --- 415 ------ --- FOOD 13,717.00 377 12,483.00 10 E --- 417 ------ --- PAPER 38,107.27 50,235.00 34,598.31 54,055.00 10 E --- 420 ------ --- APPAREL 11,022.35 12,480.00 14,431.66 12,435.00 10 E --- 430 ------ --- INSTRUCTIONAL/CLASSROOM MEDIA 236,616.43 54,282.00 90,768.09 41,508.00 10 E --- 431 ------ --- AUDIO-VISUAL MEDIA 1,166.17 8,500.00 6,313.02 8,511.00 10 E --- 432 ------ --- LIBRARY BOOKS 51,939.73 34,200.00 54,413.17 34,200.00 10 E --- 433 ------ --- NEWSPAPERS 824.29 5,050.00 938.07 1,200.00 10 E --- 434 ------ --- PERIODICALS 3,420.59 6,639.00 4,153.96 7,654.00 10 E --- 435 ------ --- PROGRAMMED COMPUTER SOFTWARE 13,151.67 14,471.00 9,792.68 17,690.00 10 E --- 439 ------ --- OTHER MEDIA 16,468.23 17,250.00 10,016.20 12,650.00 10 E --- 440 ------ --- NON-CAPITAL EQUIPMENT 117,979.71 62,373.00 146,102.00 197,634.00 10 E --- 450 ------ --- OBJECTS FOR RESALE 750.88 250

• 833.08

250 10 E --- 460 ------ --- EQUIPMENT COMPONENTS/COMPUTERS 375 10 E --- 470 ------ --- TEXTBOOKS 8,000.00 10 E --- 471 ------ --- TEXTBOOKS 12,576.69 71,037.00 101,640.55 30,587.00 10 E --- 472 ------ --- WORKBOOKS 969.25 22,011.00 17,450.86 1,488.00 10 E --- 480 ------ --- NON-INST COMPUTER SOFTWARE 246,189.02 171,800.00 268,331.66 207,250.00 10 E --- 490 ------ --- OTHER NON-CAPITAL OBJECTS 1,543.93 3,610.00 2,493.71 6,175.00 10 E --- 4-- ------ --- NON-CAPITAL OBJECTS 1,292,647.13 1,130,216.00 1,233,006.02 1,263,746.00 10 E --- 542 ------ --- BUILDING PURCHASE/REPLACEMENT 11,751.00 10 E --- 551 ------ --- EQUIPMENT $300 to $999 300,851.44 297,848.00 205,703.30 159,671.00 10 E --- 553 ------ --- EQUIPMENT OVER $1,000 593,068.65 167,650.00 184,756.94 142,700.00 10 E --- 561 ------ --- EQUIPMENT PURCHASE/REPLACEMENT 1,250.00 3,700.00 10 E --- 571 ------ --- EQUIPMENT RENTAL 54,143.77 51,700.00 49,192.88 62,228.00 10 E --- 572 ------ --- VEHICLE RENTAL 1,528.00 170.89 10 E --- 5-- ------ --- CAPITAL OBJECTS 959,814.86 519,976.00 439,824.01 368,299.00 10 E --- 711 ------ --- DISTRICT LIABILITY INSURANCE 28,039.00 27,762.00 28,856.00 19,748.00 10 E --- 712 ------ --- DISTRICT PROPERTY INSURANCE 38,974.00 65,000.00 66,527.00 74,927.00 10 E --- 713 ------ --- WORKER'S COMPENSATION 95,573.00 110,235.00 106,308.00 120,853.00 10 E --- 730 ------ --- UNEMPLOYMENT COMPENSATION 4,332.17 10,000.00 22,400.05 20,000.00 10 E --- 7-- ------ --- INSURANCE & JUDGMENTS 166,918.17 212,997.00 224,091.05 235,528.00 10 E --- 827 ------ --- FED HANDICAP PROJ 2,707,951.18 2,658,635.00 2,765,966.38 3,017,599.00 10 E --- 838 ------ --- NON REFERENDUM DEBT 205,000.00 205,000.00 205,000.00 10 E --- 846 ------ --- Capital Project 100,000.00 10 E --- 8-- ------ --- OPERATING TRANSFERS-OUT 2,707,951.18 2,863,635.00 2,970,966.38 3,322,599.00 10 E --- 940 ------ --- DUES & FEES 62,975.62 87,350.00 115,824.22 91,320.00 10 E --- 948 ------ --- SPECIAL ASSESSMENTS 27.51 10 E --- 961 ------ --- CASH 51,380.10 5,130.87 10 E --- 969 ------ --- OTHER ADJUSTMENTS 32,224.44

• 1,035.90

10 E --- 971 ------ --- AIDABLE REFUND 10,957.00 10 E --- 972 ------ --- NON-AIDABLE REFUND 7,071.71 427.27 10 E --- 990 ------ --- MISCELLANEOUS 35.65 100 586.35 20,000.00 10 E --- 999 ------ --- OTHER MISCELLANEOUS 4,446.66 10 E --- 9-- ------ --- OTHER OBJECTS 164,644.52 87,450.00 125,406.98 111,320.00 26,801,260.28 27,227,715.00 26,591,111.20 27,565,994.00

What Impacts Shawano’s Equalization Aid ?

• Increasing/decreasing enrollment – 1 year

delay

• The more we spend (unfortunately)
• Increasing property values (this data however

is over one year behind)

• Shawano was approximately 52% aided in

2015-16 ( in relation to total revenues).

History of SSD Equalized Aid

YEAR AMOUNT Inc/Decrease % 1992-93 3,668,754 1993-94 4,174,283 505,529 13.78% 1994-95 5,137,144 962,861 23.07% 1995-96 6,782,238 1,645,094 32.02% 1996-97 9,459,291 2,677,053 39.47% 1997-98 10,484,643 1,025,352 10.84% 1998-99 11,761,426 1,276,783 12.18% 1999-00 12,334,840 573,414 4.88% 2000-01 13,319,899 985,059 7.99% 2001-02 16,468,566 3,148,667 23.64% 2002-03 13,842,049 (2,626,517)

• 15.95%

2003-04 14,263,271 421,222 3.04% 2004-05 14,363,427 100,156 0.70% 2005-06 16,154,237 1,790,810 12.47% 2006-07 16,691,847 537,610 3.33% 2007-08 16,502,781 (189,066)

• 1.13%

2008-09 14,157,652 (2,345,129)

• 14.21%

2009-10 14,231,807 74,155 0.52% 2010-11 15,421,519 1,189,712 8.36% 2011-12 11,874,348 (3,547,171)

• 23.00%

2012-13 12,137,126 262,778 2.21% 2013-14 12,755,625 618,499 5.10% 2014-15 13,447,319 691,694 5.42% 2015-16 13,477,156 29,837 0.22% 2016-17 14,339,007 861,851 6.39%

2000000 4000000 6000000 8000000 10000000 12000000 14000000 16000000 18000000 1992-93 1994-95 1996-97 1998-99 2000-01 2002-03 2004-05 2006-07 2008-09 2010-11 2012-13 2014-15 2016-17 Series2 Series1

History of Shawano School District Tax Levy

FUND 10 COMMUNITY TOTAL DOLLAR MILL MILL EQUALIZED VALUATION PERCENT CHANGE IN YEAR OPERATION DEBT SERVICE LEVY % INC. RATE % INC VALUATION W/O COMPUTERS EQUALIZED VALUATION 2000-01 5,096,964 $ 1,750,765 $

• $

6,847,729 $ $7.61 $903,288,483 $903,288,483 2001-02 5,643,465 $ 1,665,700 $ 36,742 $ 7,345,907 $ 7.28% $7.57

• 0.53%

$975,115,565 $970,920,965 7.4874% 2002-03 6,037,728 $ 1,770,000 $ 110,622 $ 7,918,350 $ 7.79% $7.70 1.72% $1,032,204,663 $1,028,307,063 5.9105% 2003-04 6,724,237 $ 1,800,000 $ 100,781 $ 8,625,018 $ 17.41% $7.76 2.51% $1,115,456,838 $1,111,635,838 14.4929% 2004-05 7,902,849 $ 1,800,000 $ 105,276 $ 9,808,125 $ 13.72% $8.24 6.19% $1,193,750,689 $1,190,193,189 7.0668% 2005-06 7,004,365 $ 1,900,000 $ 95,137 $ 8,999,502 $

• 8.24%

$7.25

• 12.01%

$1,244,981,545 $1,241,378,445 4.3006% 2006-07 7,548,527 $ 1,975,000 $ 119,478 $ 9,643,005 $ 7.15% $7.29 0.55% $1,326,204,521 $1,322,512,521 6.5358% 2007-08 6,593,149 $ 2,050,000 $ 133,031 $ 8,776,180 $

• 8.99%

$6.78

• 7.00%

$1,299,099,046 $1,294,587,846

• 2.1115%

2008-09 7,805,563 $ 2,790,661 $ 157,418 $ 10,753,642 $ 22.53% $8.06 18.88% $1,338,980,393 $1,334,710,693 3.0993% 2009-10 8,554,859 $ 2,768,363 $ 176,610 $ 11,499,832 $ 6.94% $8.66 7.44% $1,333,623,062 $1,327,510,462

• 0.5395%

2010-11 8,936,829 $ 2,880,790 $ 176,610 $ 11,994,229 $ 4.30% $9.20 6.24% $1,309,032,687 $1,303,929,187

• 1.7764%

2011-12 8,820,894 $ 2,913,968 $ 181,507 $ 11,916,369 $

• 0.65%

$8.98

• 2.39%

$1,331,791,873 $1,326,810,073 1.7548% 2012-13** 10,742,595 $ 1,808,736 $ 185,692 $ 12,737,023 $ 6.89% $9.95 10.80% $1,284,563,898 $1,280,118,098

• 3.5191%

2013-14 9,822,401 $ 2,920,139 $ 185,692 $ 12,928,232 $ 1.50% $10.31 3.62% $1,257,026,286 $1,254,074,086

• 2.0345%

2014-15 9,806,587 $ 2,988,964 $ 185,000 $ 12,980,551 $ 0.40% $10.34 0.29% $1,258,633,322 $1,255,256,222 0.0943% 2015-16 10,302,704 $ 2,632,361 $ 185,000 $ 13,120,065 $ 1.07% $10.32

• 0.19%

$1,274,872,860 $1,271,833,060 1.3206% 2016-17 9,466,627 $ 3,242,802 $ 185,000 $ 12,894,429 $

• 1.72%

$10.14

• 1.74%

$1,274,872,860 $1,271,833,060 0.0000%

$7.61 $7.57 $7.70 $7.76 $8.24 $7.25 $7.29 $6.78 $8.06 $8.66 $9.20 $8.98 $9.95 $10.31 $10.34 $10.32 $10.14

2 4 6 8 10 12

2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13** 2013-14 2014-15 2015-16 2016-17

Mil Rate Changes in Mil Rate for Shawano

Mill Rate and Property Values

SCHOOL TAX % OF LEVY EQUALIZED % OF VALUE MILL RATE % OF MILL CHANGE OF TAX YEAR YEAR LEVY CHANGE VALUE CHANGE PER $1,000 CHANGE M/$1000 2000 2000-01 6,847,729 900058683 7.6080 2001 2001-02 7,345,907 7.28% 970,920,965 7.87% 7.5659

• 0.55%

(0.0421) 2002 2002-03 7,918,350 7.79% 1,028,307,063 5.91% 7.7004 1.78% 0.1345 2003 2003-04 8,625,018 8.92% 1,111,635,838 8.10% 7.7589 0.76% 0.0585 2004 2004-05 9,808,125 13.72% 1,190,193,189 7.07% 8.2408 6.21% 0.4819 2005 2005-06 8,999,502

• 8.24%

1,241,378,445 4.30% 7.2496

• 12.03%

(0.9912) 2006 2006-07 9,643,005 7.15% 1,322,512,521 6.54% 7.2914 0.58% 0.0418 2007 2007-08 8,776,180

• 8.99%

1,294,587,846

• 2.11%

6.7791

• 7.03%

(0.5123) 2008 2008-09 10,753,642 22.53% 1,334,710,693 3.10% 8.0569 18.85% 1.2778 2009 2009-10 11,499,832 6.94% 1,327,510,462

• 0.54%

8.6627 7.52% 0.6058 2010 2010-11 11,994,229 4.30% 1,303,929,187

• 1.78%

9.1985 6.19% 0.5358 2011 2011-12 11,916,369

• 0.65%

1,326,810,073 1.75% 8.9812

• 2.36%

(0.2173) 2012 2012-13 12,737,023 6.89% 1,280,118,098

• 3.52%

9.9499 10.79% 0.9687 2013 2013-14 12,928,232 1.50% 1,254,074,086

• 2.03%

10.3090 3.61% 0.3591 2014 2014-15 12,980,551 0.40% 1,255,256,222 0.09% 10.3410 0.31% 0.0320 2015 2015-16 13,120,065 1.07% 1,271,833,060 1.32% 10.3159

• 0.24%

(0.0251) 2016 2016-17 12,894,429

• 1.72%

1,271,833,060 0.00% 10.1385

• 1.72%

(0.1774) 2016 2016-17 12,894,429

• 1.72%

1,284,551,390 1.00% 10.0381

• 2.69%

(0.2778) 2016 2016-17 12,894,429

• 1.72%

1,297,269,721 2.00% 9.9397

• 3.65%

(0.3762) 2016 2016-17 12,894,429

• 1.72%

1,309,988,051 3.00% 9.8432

• 4.58%

(0.4727)

Referendum Debt

Looking Ahead – 2017-18 Budget

• Goal is to address our needs and retain staff/programs
• 2017-18 – We start over. What will the Governor

propose for 2017-18? Aid Reduction? Revenue Cap?

• Health 14% cap (Having a rate cap is huge!) – We plan to

go out to bid Spring 2017

• Salaries – Pay for Performance Model; Attracting and

Retaining teachers

• Retirements
• Special Education Costs
• Bussing & Fuel Costs
• Utilities? Open Enrollment Numbers? Vouchers?

Questions, Comments, Ideas? District Office – 715/526-3194

• Ms. Louise Fischer, Business Manager

fischel@shawanoschools.com

• Mr. Gary Cumberland, Superintendent

cumberg@shawanoschools.com

• Mr. Tyler Schmidt, BOE President

schmidt1@shawanoschools.com

Thank you for attending! Questions?