LEA Name : Avon Grove SD Class: 3 AUN Number: 124150503 County : Chester PR optJse..d. FINAL GENERAL FUND BUDGET Fiscal Year 2016-2017 General Fund Budget Approval Date of Adoption of the General Fund Budget: 04/28/2016 lJJe 11 ell ue L1 cul- Date Secretary of the Board • Orlglnal Signature Required Date (610)869-2441 Extn :50200 Daniel R Carsley Telephone Extension Contact Peraon [email protected]Email Address Printed 4/28/201610:03: 40 AM
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General Fund Budget 2016-17 Preliminary - Avon Grove School …€¦ · LEA Name : Avon Grove SD Class: 3 AUN Number: 124150503 County : Chester . PRoptJse..d. FINAL GENERAL FUND
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LEA Name : Avon Grove SD Class: 3 AUN Number: 124150503 County : Chester
PRoptJse..d. FINAL GENERAL FUND BUDGET
Fiscal Year 2016-2017
General Fund Budget Approval
Date of Adoption of the General Fund Budget: 04/28/2016
lJJe 11 ell ue L1 cul-
DateSecretary of the Board • Orlglnal Signature Required
Date
(610)869-2441 Extn :50200 Daniel R Carsley Telephone Extension Contact Peraon
FOR PUBLIC INSPECTION OF 2016-2017 PROPOSED BUDGET 24 PS 6-687(a)(1)
(03/2006)
School District Name :
Avon Grove SD
County:
Chester
AUN Number:
12415n503
Section 687(a)(1) of the School Code requires the president of the board of school directors of each school district to certify to the Department of Education that the proposed budget was prepared, presented and will be made available for public inspection using the uniform form prepared and furnished by the Department of Education.
I hereby certify that the above information is accurate and complete.
SIGNATURE OF SCHOOL BOARD DATEPRESIDENT L-n~ S3 ll~ DUE DATE: IMMEDIATELY FOLLOWING
ADOPTION OF PROPOSED FINAL GENERAL FUND BUDGET
Printed 4/28/2016 10;03:41 AM Page2
CERTIFICATION OF ESTIMATED ENDING FUND BALANCE
FROM 2016-2017 GENERAL FUND BUDGET 24 PS 6-688
(10/2010)
SCHOOL DISTRICT : COUNTY : AUN ;
Avon Grove SD Chester 124150503
No school district shall approve an increase in real property taxes unless it has adopted a budget that includes an estimated, ending unreserved undesignated fund balance (unassigned) less than or equal to the specified percentage of its total budgeted expenditures:
Fund Balance % UmltTotal Budgeted Ellpendltures (less than or equal to)
Less Than or Equal to S 11,999,999 12.0%-
Between 512,000,000 and S12,999,999 11.5%
Between 513,000,000 and $13,999,999 11.0%
Between S14,000,000 and 514,999,999 10.5%---------------+----------Between 515,000,000 and S15,999,999 10.0% - ----------~-------------Between S16,000,000 and $16,999,999 9.5%
Between $17,000,000 and $17,999,999 9.0%
Between S18,000,000 and $18,999,999 8.5% ________J Greater Than or Equal to $19,000,000
----- 8.0% --------------'
Did you raise property taxes In SY 2016-2017 (compared lo 2015-2016 )7 Yes
NO u If yes, see lnfonnaUon below, taken from the 2016-2017 General Fund Budget.
Tolal Budgeted Expenditures
Ending Unassigned Fund Balance
Ending Unassigned Fund Balance as a percentage (%) ofTolal Budgeted Expenditures
587816358
$9502635
10.8%
The Estimated Ending Unassigned Fund Balance Is within the allowable limits Yes D No D
Ihereby certify that the above Information Is accurate and complete.
SIGNATURE OF SUPERINTENDENT DATE
DUE DATE: AUGUST 15, 2016
Printed 4/28/2016 10:03:40 AM Page3
2016-2017 Flnal General Fund Budget (PDE-2028)
LEA: 124150503 Avon Grove SD
Prinled 4/28/2016 10:03:42 AM
Estimated Beginning Unreseived Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The FlscalYear
0810 Nonspendable Fund Balance
0820 Restricted Fund Balance
0830 Committed Fund Balance
0840 Assigned Fund Balance
0850 Unassigned Fund Balance
Total Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year
Estimated Revenues And Other Financing Sources
6000 Revenue from Local Sources
7000 Revenue from State Sources
8000 Revenue from Federal Sources
9000 Other Financing Sources
Total Estimated Revenues And Other Financing Sources
Total Estlmatad Fund Balance, Revenun, and Other Financing Sourc" Available for Appropriation
Estimated Revenues and Other Financing Sources: Budget Summary
Page- 1 of 1
AMOUNTS
8,488,754
7 ,110,112
8 ,824.613
24,423.479
57,831 ,723
26,248,225
764,869
84.844,817
109,268,296
Page4
2016-2017 Flnal General Fund Budget (PDE-202Bt Estimated Revenues and Other Financing Sources: Detail LEA: 124150503 Avon Grove SD
Printed 4/2B12016 10:03:42 AM Page- 1 of 1
REVENUE FROM LOCAL SOURCES 6111 Current Real Estate Taxes
6112 Interim Real Estate Taxes
6113 Public Utility Really Taxes
6150 Current Act 511 Taxes - Proportional Assessments
6400 Delinquencies on Taxes Levied / Assessed by the LEA
6500 Earnings on Investments
6700 Revenues from LEA Activities
6800 Revenues from lnlermediary Sources / Pass-Through Funds 6910 Rentals
6940 Tuition from Patrons
6990 Refunds and Other Miscellaneous Revenue
REVENUEFROMLOCALSOURCES
REVENUE FROM STATE SOURCES 711O Basic Education Funding
7160 Tuition for Orphans Subsidy
7272 Early Intervention
7310 Transportation (Pupil and Nonpublic/CS)
7320 Renlal and Sinking Fund Payments / Building Reimbursement Subsidy 7330 Health Services (Medical, Dental, Nurse, Act 25)
7505 Ready to Learn Block Grant
7810 Stale Share of Social Security and Medicare Taxes
7820 Stale Share of Retirement Contributions
REVENUE FROM STATE SOURCES
REVENUE FROM FEDERAL SOURCES 8514 NCLB, Tille I - Improving the Academic Achievement of the Disadvanla11ed 8515 NCLB, Tille II- Preparing, Training and Recruiting High Quality Teachers and Principals 8516 NCLB, Tille Ill - Language Instruction for Limited English Proficient and Immigrant Sludenls 8810 School-Based Access Medicaid Reimbursement Program (SBAP) Reimbursements (Access)
REVENUE FROM FEDERAL SOURCES
TOTAL ESTIMATED REVENUES AND OTHER SOURCES
53.633,395
525,000
60,000
800,000
1,550,000
100,000
480,000
522,400
60,000
10,000
90,928
14.600,000
40,000
2,460,000
2,100,000
335,000
108,500
754,725
1,190,.000
4,660,000
26,248,225
350,825
97,727
116,317
200,000
764,889
84,844,817
Page5
-----
2016-2017 Flnal General Fund Budget (PDE-2028)
AUN: 124150503 Avon Grove SD
Printed 412812016 10:03:43 AM
Act 1 Index (current): 3.2°/e
Calculatlon Method:
Number of Decimals For Tax Rate Calculation:
Approx. Tax Revenue from RE Taxes:
Amount of Tax Relleffor Homestead Exclusions
Total Approx. Tax Revenue:
Approx. Tax Levy for Tax Rate Calculation:
Real Estate Tax Rate (RETR} Report for 2016-2017
Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code
Page- 1 of 3
Total
$1,891,686,467
$2,699,211,821
$1 ,904.000,000
$0
$53,264,216
100.00000%
$53,264,216
97.00000%
$55,292,160
$55,292, 160
$55,292,160
$53,633,395
Page6
2015-16 Data
a. Assessed Value
b. Real Estate Mills
I. 2016-17 Data
c. 2014 STEB Markel Value
d. Assessed Value
e. Assessed Value of New Constr/ Renov
2015-16 Calculations
f. 2015-16 Tax Levy
(a• b)
2016-17 Calculations
g. Percent ofTotal Market Value II.
h. Rebalanced 2015-16 Tax Levy
(fTotar· g)
i. Base Mills Subject to Index
(h / a • 1000) If no reassessment
(h / (~-e) • 1000) lf reassessment
Calculatlon of Tax Rates and Levies Generated
j. Weighted Avg. Collection Percentage
k. Tax Levy Needed
(Approx. Tax Levy • g)
I. 2016-17 Real Estate Tax Rate
(k I d• 1000)Ill.
m. Tax Levy Generated by Mills
(111000 * d)
n. Tax Levy minus Tax Relief for Homestead Exdusions
(m - Amount of Tax Relief for Homestead Exdusions)
o , Net Tax Revenue Generated By Mills
(n • Est. Pct. Collection)
Revenue
3
$53,633,395
1Q
$53,633,395
$55,292,160
Chester
$1 ,891,686,467
28.1570
$2,699,211,821
$1 ,904,000,000
$0
$53,264,216
100,00000%
$53,264,216
28.1570
97.00000%
$55,292,160
29.0400
$55,292, 160
2016-2017 Final General Fund Budget (PDE-2028) Real Estate Tax Rate (RETR) Report for 2016-2017
AUN: 124150503 Avon Grove SD Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code
Printed 4/28/2016 10:03:43 AM Page- 2 of 3
Act 1 Index (current): 3.2%
Calculation Method: Revenue
Number of Decimals For Tax Rate Calculation: 3
Approx. Tax Revenue from RE Taxes: $53,633,395
Amount of Tax Relief for Homestud Exclusions 12
Total Approx. Tax Revenue: $53,633,395
Approx. Tax Levy for Tax Rate Calculation: $55,292,160
Chaster Totat
Index Maximums
p. Maximum Mills Based On Index
(I • (1 + Index))
q. Milts In Excess of Index
(If (I >p). (I - pl)
r. Maximum Tax Levy Based On Index
IV. (p / 1000 • d)
s. Millage Rate within Index?
(If I > p Then No)
t. Tax Levy In Excess of Index
(if (m > r), (m - r))
u.Tax Revenue In Excess of Index
(t • Est. Pct. Collection)
Information Related to Property Tax Relief
Assessed Value Exduslon per Homestead V.
Number of Homestead/Farmstead Properties
Median Assessed Value of Homestead Properties
29.0580
0.0000
$55.326,432 $55,326,432
Yes
$0 so
$0 $(1
so
$169.000
Page7
2016-2017 Final General Fund Budget IPDE-20281 Real Estate Tax Rate IRETR) Report for 2016-2017
AUN: 124150503 Avon Grove SD Mufti-County Rebalancing Based on Methodology of Section 672.1 of School Code Printed 4/28/2016 10:03:43 AM
Page - 3 of 3
Act 1 Index !currant): 3.2•1.
Calculation Method: Revenue
Number of Decimals For Tax Rate Calculation: 3
Approx. Tax Revenue from RE Taxes: $53,633,395
Amount of Tax Rellef for Homestead Exclusions 10. Total Approx. Tax Revenue: $53,633,395
Approx. Tax Levy for Tax Rate Calculation: $55,292,160
Chester Tota.t
Stale Property Tax Reduction Allocation used for. Homestead Exclusions so Lowering RE Tax Rale $0 $0 Prior Year State Property Tax Reduction Allocation used for. Homestead Exclusions so $0
Amount of Tax Relief from State/Local Sources so
Page 8
2D16-2017 Final General Fund Budget (PDE-2028) Local Education Agency Tax Data
LEA: 124150503 Avon Grove SD REAL ESTATE, PER CAPITA (SEC. 679), EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511) Printed 4/281201610;03:44 AM Page- 1 of 1
6111 current Real Estate Taxes Amount of Tax Reuer for Tax Leyy Minus Homestead
County Name Taxable Assessed Value Rear Estate Mills Tax Leyy Generated by Mnrs Homestead Exdusions Exclusions
Chester 1,90,4,000,000 29.0400 55,292.160
Tobia: 1,904,000,000 56,292,160 0 = 55,292,160
~
6120 Cu[[J!nt Per Capita Taxes, Section 679 $0.00 6140 current Act 511 Taxes - Flat Rate Assessments ~ Add'i Rate (i( aool l 6141 Current Act 511 Per Capita Taxes $0.00 $0.00 6142 Current Act 511 Occupalion Taxes - Flat Rate $0.00 $0.00 6143 Current Act 511 Local Services Taxes $0.00 $0.00 61"4 Current Act 511 Trailer Taxes $0.00 $0.00 6145 Current Act 511 Business Privilege Taxes - Flat Rate $0.00 $0.00 6146 Current Act 511 Mechanical Device Taxes - Flat Rate $0.00 $0.00 6149 Current Act 511 Taxes, Other Flat Rate Assessments SD.OD $0.00
Total Current Act 511-:raxn - Flat Rate AaHUmenls 6150 Current Act 511 Taxes - Proportional Assessments ~ &11!'1 Bate (it a1111i,l 6151 CurrentAct511 Earned Income Taxes 0.000% 0.000% 6152 Current Act 511 Occupation Taxes 0.000 0.000 6153 Current Act 511 Real Estate Transfer Taxes 0.500% 0.000% 6154 Current Act 511 Amusement Taxes 0.000% 0.000% 6155 Current Act 511 Business Privilege Taxes 0.000 0.000 6156 Current Act 511 Mechanical Device Taxes - Percentage 0.000°/4 0.000% 6157 Current Act 511 Mercantile Taxes 0.000 0.000 6159 Current Act 511 Taxes, Olher Proporlional Assessments 0 0
Total Current Act 511 Taxn - Proportional AsHSsments
Total Act 511 t Current Taxes
Pecgiol Co1tei;t11d
97.00000%
X 97.00000%
Tax Lew 0
0
0
0
0
0
0
0 Tax Levy
0
0
800,000
0
0
0
0
0
800,000
Net Tax Be~nue Gen11ml11d By Mills
= 53,633,395
E5timated Re!ll!aue
0
Esllmated Rewoutt
0
0
0
0
0
0
0
0
Esllmaled B11venu~
0
0
800,000
0
0
0
0
0
800,000
BDD,000
Act 511 J'ax Limit -> 2,699,211,821 X 12 32,390,542 Market Value MIiis (511 Limit)
Page9
2016-2017 Flnal General Fund Budget (PDE-2028) Comparison of Tax Rate Changes to Index LEA : 124150503 Avon Grove SD
Printed 4/28/2016 10:03:45 AM Page - 1 of 1
Tax Functlo
n Description
Tax Rate Charged In:
2015-16 2016-17 (Rebalanced)
Percent Change In
Rate
Less than or equal to
Index Index
Addltlonal Tax Rate Charged In:
2016-172015-16 (Rebalanced)
Percent Change In
Rate
Less than or equal to
Index
6111 Cl.lllllDI B11111 l:;5111111 IH115
Chester 28.1570 29.0400 3.14% Yes 3.2%
6120 Current Per Capita Taxes, Section 679
Cuwml Ai.I 51 l Ii1teli - Elal B11l11 A11z1111m1ml11 3.2%
6141 Current Act 511 Per Capita Taxes 3.2% 6142 Current Act 511 Occupation Taxes - Flat Rate 3.2%
6143 Current Act 511 Local Services Taxes 3.2% 6144 Current Act 511 Trailer Taxes 3.2%
6145 Current Act 511 Business Privilege Taxes - Flat Rate
6146 Current Act 511 Mechanfcal Device Taxes - Flat Rate
6149 Current Act 511 Taxes, Other Flat Rate Assessments
1400 Other Instructional Programs - Elementary/ Secondary
Estimated Expenditures and Other Financing Uses: Budget Summary
Page - 1 of 1
40,754.310 14,098,815
3.081.,325 155.494
Total Instruction
2000 Support Services 2100 Support Services - Students
2200 Support Services - Instructional Staff 2300 Support Services - Administration 2400 Support Services - Pupil Health 2500 Support Services - Business
2600 Operation and Maintenance of Plant Services 2700 Student Transportation Services 2800 Support Services - Central 2900 Other Support Services
Total Support ServlcH
3000 Operation of Non-Instructional Sarvlcas
3200 Student Activities
Total Operation of Non-Instructional Servlcn 5000 Other Expenditures and Financing Uses
5100 Debt Service I Other Expenditures and Financing Uses 5900 Budgetary Reserve
Total Other Expencllturn and Financing Uses
Total Estimated Expenditures and Other Financing Usu
68,089,944
3,821,514 2,372,785 3,795,853
870,885 881 .874
3,995,113 6,212.816 3,048.034
87,628
25,086,502
1,118,022
1,118,022
3,271 ,890
250.000
3,521,890
87,816,368
Page 11
2016-2017 Final General Fund Budget IPDE-20281
LEA: 124150503 Avon Grove SD
Printed 4/28/201610:03:46 AM
Description
1000 Instruction
1100 Regular Programs - Elementary t secondaiy 100 Personnel Services - Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 700 Property 800 Other Objects
Total Regular Programs - Elementary / Secondary
1200 Spacial Programs - Ektmentary / Secondary 100 Personnel Services • Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 400 Purchased Property Services 500 Other Purchased Services 600 Supplies 700 Property BOO Other Objects
Total Special Programs •Elementary/ Secondary
1300 Vocatlonal Educauon 500 Other Purchased Services
Total Vocational Education
1,00 Other lostructional Programs - Elementary, Secondary 100 Personnel Services - Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 500 Other Purchased Services
Total Other Instructional Programs - Elementary/ Secondary
Estimated Expenditures and Other Financing Uses: Detail
Page- 1 of 3
20,407,657 12,765,128
517,700 154,179
6,096,700 557,406 176,350 79,190
40,754,310
3.403,485 2 .101,451 4,622,300
4,000 3,850,000
98,579 17,000
2,000
14,098,815
3,061,325
3,081,325
40,000 14,994 60,000 40,500
155,494 Total Instruction
2000 Support Services
2100 Support Services - Students 100 Personnel Services - Salaries 200 Personnel Services - Employee Benefits 300 Purchased Professional and Technical Services 500 Other Purchased Services 600 Supplies