2012-13 BUDGET Chris M. Scacco, Assistant Superintendent.

2012-13 BUDGETChris M. Scacco, Assistant Superintendent

Preliminary program budgets drafted with input from stakeholders

2012-13 Budget Development TimelineTheme….”transparency with stakeholders”

Enrollment and staffing projections determined and presented to stakeholders

Legislative session ended April 11….Staffing plans communicated with certificated staffs

Preliminary budget presented to School Board June 28, 2012 Staffing plans communicated with classified staffs

Final program budgets and fund balance projections completedBudget hearing and adoption held July 26, 2012

Final 2012-13 Budget to OSPI

Jan-Feb 201

2

Mar-April 2012

May2012

June 201

2

July 201

2

Aug 201

2

• Our purpose as a district is to ensure high levels of learning for all students…

• Therefore, the budget document should translate into a financial plan that directly supports the work outlined in the District Learning Improvement Plan which is founded on the four critical questions of learning:

What is it we expect our students to learn?

How do we know if students have learned?

How will we respond when students don’t learn?

How will we respond when students already know it?

The budget must align to student learning…Budget Message

ESSB 5895 - Teacher/Principal Evaluation System

2012-13 Budget Highlights“Key” impacts in Legislative/Judicial processes…

McCleary Supreme Court Decision

Minimal financial impact to K-12 Education

ESSB 5940 – K-12 Health Benefit Reform

Repealed Initiative 728 – (smaller class size funding)

Funding not restored for initial salary reductions(Reductions made in the 1st year of the biennium 11-12)

• A look by fund…

Budget SummarySelah School District

Associated Student Debt Service Capital Projects TransportationGeneral Fund Body Fund Fund Fund Vehicle Fund

Revenue $31,318,997 $467,187 $1,752,000 $115,000 $152,000Expenditures ($31,255,056) ($461,878) ($3,290,000) ($17,957,000) ($300,000)Transfers In/(Out) ($736,000) $0 $136,000 $600,000 $0Net ($672,059) $5,309 ($1,402,000) ($17,242,000) ($148,000)Beginning Fund Balance $3,200,000 $174,747 $2,445,000 $29,300,000 $220,439Ending Fund Balance $2,527,941 $180,056 $1,043,000 $12,058,000 $72,439

A look at Revenues…Selah School District

A breakdown of levy dollars…Selah School District

A look at Expenditures…Selah School District

Another look at Expenditures…Selah School District

• Enrollment Projection – 23 FTE less than prior year

• Staffing – net increase of .5 certificated and 3 classified

• Revenues – net increase of $616,981• Expenditures – net increase of $771,415

• Increase of property tax revenues - $200K

• Decrease of levy equalization – ($100K)

• Increase in Special Education revenues - $170 (+SSD support $300K)

• Increase in Title I program revenues - $500K

• Decrease in BEA funding (enroll projection) – ($120K)

What are the key budget impacts?

2012-13 Budget – General Fund

Enrollment HistorySelah School District

By Building…Enrollment History

ProjectionBLDG 00-01 01-02 02-03 03-04 04-05 05-06 06-07 07-08 08-09 09-10 10-11 11-12 2013

JC 560.19 522.98 511.61 504.57 515.99 518.80 524.55 536.07 513.50 538.81 559.94 565.32 557

RL 667.02 644.28 630.89 623.70 628.67 632.39 640.00 642.40 640.69 623.39 599.33 574.46 557

SIS 810.77 814.16 822.00 841.53 802.92 785.22 745.64 763.09 736.32 800.28 810.93 826.34 828

JH 568.60 565.00 532.00 555.68 564.90 567.68 556.15 522.44 514.22 503.91 496.31 494.92 525.

HS 649.42 642.05 667.32 669.57 649.60 650.47 665.75 686.56 685.38 667.76 667.30 638.16 631

Academy 55.01 49.88 49.77 63.26 73.40 87.74 77.43 61.51 65.36 65.56 79.05 58.82 65Homelink 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 12.11 12.59 13Amer. Acad 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 18.50 17.02 15Sundown 41.17 42.00 44.22 42.78 39.00 41.78 36.89 35.00 35.28 32.76 31.07 34.63 32

TOTALS 3352.18 3280.35 3257.82 3301.09 3274.48 3284.08 3246.41 3247.07 3190.75 3232.47 3274.55 3222.26 3223

(71.83) (22.53) 43.27 (26.67) 9.66 (37.67) 0.66 (56.32) 41.72 42.08 (52.29) 0.74 -2.14% -0.69% 1.33% -0.81% 0.30% -1.15% 0.02% -1.73% 1.29% 1.29% -1.62% 0.02%

• Staffing decline has been handled by attrition…

Staffing LevelsSelah School District

ACTUAL ACTUAL ACTUAL ACTUAL BUDGET 5-year2008-09 2009-10 2010-11 2011-12 2012-13 DIFF

Classified Staffing 127 119 121 116 119 (8)Certificated Staffing 209 203 199 199 200 (9)Administrative Staffing 16 16 15 14 14 (2)

• A look at fund balance history…

Fund Balance “Cash Reserve”Selah School District

Year Reserved Unreserved Total FB Unreserved Total FB % toFB FB % FB to Expenditures total Expenditures

8/31/2002 $268,474 $2,225,845 $2,494,319 9.70% 10.00%8/31/2003 $217,332 $1,873,034 $2,090,366 7.80% 8.80%8/31/2004 $423,780 $1,551,935 $1,975,715 6.50% 8.20%8/31/2005 $433,037 $1,297,351 $1,730,388 5.00% 6.70%8/31/2006 $488,991 $1,584,296 $2,073,287 6.00% 7.90%8/31/2007 $470,000 $1,656,140 $2,126,140 5.90% 7.50%8/31/2008 $1,127,314 $1,978,941 $3,106,255 6.60% 10.30%8/31/2009 $382,147 $2,503,272 $2,885,419 8.00% 9.30%8/31/2010 $1,085,196 $2,579,665 $3,664,861 8.31% 11.85%8/31/2011 $1,183,000 $2,059,883 $3,242,883 6.73% 10.60%

8/31/2012** $796,000 $2,404,000 $3,200,000 7.89% 10.50%8/31/2013** $236,000 $2,291,941 $2,527,941 7.33% 8.09%**Projected

• 2011-12 Fund Balance “Cash Reserve” Review

Projected ending fund balance analysisSelah School District

Board Parameters:Emergency Fund 2%Budget Contingency Fund 3%Cash Flow Requirement 3%Total Fund Balance Parameters 8%

Total Budgeted Expenditures $30,483,640

Emergency Fund (2%) $609,673Budget Contingency Fund (3%) $914,509Cash Flow Requirement (3%) $914,509

Total Fund Balance Parameters $2,438,691

Projected Ending Fund Balance at August 31, 2012 $3,200,000 10.50%

Back out carryover/reserves ($796,000)

Estimated ending fund balancefor Board Parameter compliance $2,404,000 7.89%

$ in excess of Board Parameters -$34,691Carryovers/Reserves:Building Budget Carryover $135,000Transfer to DSF - Energy Loan $136,000Transfer to CPF $500,000Reserve for Inventory $25,000Total Carryovers/Reserves $796,000

• 2012-13 Fund Balance “Cash Reserve” Review

Fund Balance “Cash Reserve”Selah School District

Board Parameters:Emergency Fund 2%Budget Contingency Fund 3%Cash Flow Requirement 3%Total Fund Balance Parameters 8%

Total Budgeted Expenditures $31,255,056

Emergency Fund (2%) $625,101Budget Contingency Fund (3%) $937,652Cash Flow Requirement (3%) $937,652

Total Fund Balance Parameters $2,500,404

Projected Ending Fund Balance at August 31, 2012 $2,527,941 8.09%

Back out carryover/reserves ($236,000)

Estimated ending fund balancefor Board Parameter compliance $2,291,941 7.33%

$ in excess of Board Parameters -$208,463Carryovers/Reserves:Building Budget Carryover $75,000Transfer to DSF - Energy Loan $136,000Transfer to CPF $0Reserve for Inventory $25,000Total Carryovers/Reserves $236,000

• Associated Student Body Fund – Selah Intermediate, Junior High and High Schools will operate an ASB fund.

• Debt Service Fund – The DSF will be used to service the voted and non-voted debt (bonds and energy loan).

• Capital Projects Fund- The CPF will be utilized to account for bond projects and non- projects (see separate handout for five year plan)

• Transportation Vehicle Fund – The district plans to purchase two large buses during the 12-13 school year.

2012-13 Budget – Other FundsSelah School District

•Questions?

2012-13 BUDGETSelah School District