2017/2018 Budget Overview Board Presentation – August 8, 2017 Presented by: Melissa deVita, Deputy Superintendent Marie Telecky, Director Finance & Budget Ryon Fields, Budget Analyst Brian Flynn, Budget/Grants Analyst Jenny Hall, Budget Analyst Janet Suppes, Budget Analyst For additional information regarding this presentation contact: Melissa deVita, Deputy Superintendent, Finance & Operations Email: devitam@bsd405.org Phone: (425)456-4025 The Bellevue School District Mission: To provide all students with an exemplary college preparatory 1 education so they can succeed in college, career and life.
Agenda • Key Points • Superintendents Summary • Looking Forward • Next Steps • Questions/More Information • Backup Materials 2
2017/2018 State Funding • 2.3% COLA increase • 2% point increase in employer pension contribution • $40/month per state funded FTE increase in benefit funding • Career & Technical Education class size reduction, increase materials and supplies allocation, reduced indirect charges • Increase middle and high school instructional hours for Transitional Bilingual Program • Changed funding model to staff at 17 students per FTE at K-3 with no compliance requirement but changing back to compliance model in 2018/19 3
General Fund Revenue Sources $ in Millions General Fund Revenue $350.0 $298.4 31.2% $300.0 $273.9 $72,536 32.4% $258.7 $248.6 30.2% $250.0 33.7% 34.6% 31.2% $67,497 32.4% 32.9% $200.0 $65,051 59.2% $150.0 57.2% $119,180 57.2% 60.3% 58.3% 59.2% 55.2% $100.0 55.8% $109,887 $50.0 $104,345 4.1% 5.5% 4.6% 5.4% 4.1% 5.5% 5.5% 4.6% 4.6% 4.6% 5.0% 4.9% $- 5.0% 5.7% 4.9% 5.0% 2015/2016 Actual 2015/2016 Budget 2016/2017 Budget 2017/2018 Budget 4 Other Federal State Local Note: Other Revenue is Transfers from other funds & revenues from surplus sales, other government entities and other school districts.
General Fund Expenditures $’s in Millions $350.0 $301.5 $300.0 $276.5 12.4% $258.6 12.6% $250.0 12.8% District-wide Support 5.8% Transportation 6.1% $200.0 12.8% 7.0% Food Services 11.6% Day Care/Community Suppt 10.8% $150.0 Categorical Grants Career & Tech Education 57.6% 58.1% 57.6% $100.0 Special Education Basic Education $50.0 $- 5 2015/2016 2016/2017 2017/2018 Budget Budget Budget
Superintendent’s Summary • State law requires the following disclosure during the budget hearing process: 2017/18 Budget Amount Total MSOC Allocation $25,103,589 Total MSOC Budget $31,692,544 Net Difference ($6,490,516) 6
Funding Available for New Investments 2017/2018 Budgeted Revenue $298,410,000 Less 2016/2017 Budgeted Expenses ($276,456,000) Net New Funds Available $21,954,000 Spending Increases: Employee Contractual Commitments, COLA, Employer $7,760,000 Pension Contribution & other employee compensation based benefits (not including categorical increases below) Career & Technical Education (including employee costs) $1,300,000 Increase costs due to enrollment increases $4,310,000 Mandated expense increases (election costs, utilities, $1,460,000 substitutes, adjustments, etc.) Special Education Services (Additional staff, purchased $6,924,000 services, and additional employee costs)* Instructional Initiatives, Curriculum Materials $1,586,000 Other (misc. adjustments, grants, etc.) $1,738,000 7 Sub-total Committed Spending Increases $25,078,000 Net Impact ($3,124,000) * Change in budgeting methods for Safety Net reimbursable expenses. Offsetting revenue has also been budgeted.
2017/18 Budget Decisions Amount Amount Special Education $6,924,000 Instructional Initiatives $1,586,000 SWIFT Pilot $380,000 Superintendent $100,000 Discretionary Funds SPED Supervisor $60,000 Instructional Leadership $44,000 Additional Employee Costs $2,466,964 Discretionary Funds Additional Staff (5.0 Cert FTE $810,000 Building Leadership – Asst. $142,000 & 6.2 Classified FTE) Principals Purchased. Services* $3,207,036 Puesta del Sol, Enatai, Interlake HS & International School Curriculum Science Kits $1,300,000 Total Planned Spend Down of Reserves = $3,124,000 ELL & Spanish Dual Supervisor $170,000 Public Records Officer $105,000 Technical Support Staff (4.5 $350,000 8 FTE) * Change in budgeting method for safety net reimbursable CTE Program Enhancements $500,000 expenses. $2.3 M off setting revenue also budgeted.
Capital Projects $000’s Bond Funds Capital & Tech Funds Total Available Funds: $34,675 Total 2017/18 Available Funds: $278,000 Phase II Projects Staff Salary & $961 Salaries $8,750 Benefits Tillicum MS $37,200 Application Lic. $3,450 Capacity $30,000 Others $7,386 Field Upgrades $6,500 Bond Services $400 Sub-total Phase II $44,586 Facility $2,150 Other Misc. $1,000 Phase III Modernizations & Total $181,767 Renovations Wilburton Elem. $39,480 Stevenson Elem. $40,608 Portables $1,000 Highland MS $11,925 Instructional Tech $2,865 Clyde Hill Elem. $8,167 Tech Infrastructure $1,400 Other $4,640 Classroom Tech $2,300 Sub-total Phase III $104,820 One-to-One Project $3,800 Miscellaneous $1,157 Total $33,372 Anticipated EOY Fund Balance: $133,700 including the sale of 9 $100 million in bonds in the spring 2018. EOY Fund Balance: $1,300 9
Superintendent’s Summary • Anticipate enrollment increase to 20,355 students. The district average headcount for the 2016/2017 school year was 20,001 students. Last year’s fall forecast was 20,111 and actual October 1 enrollment was 19,999. We were 0.6% short on enrollment last year which impacted the overall budget by $1.5 million. • Over the past three years, both revenue and expenditures have been growing at an average of 9%. In each of the last three years, we have anticipated spending down a portion of the reserves. However, year end actuals thus far have resulted in our general fund reserves remaining relatively flat. • Staffing model for elementary schools has been modified to include all students in general education classrooms in support of inclusion for all students. • $3.2 million of the total special education increase of $6.9 million is a 10 change in budgeting practices for costs to be reimbursed by safety net near the end of the fiscal year. Revenue was also increased to $2.3 million to partially offset this change.
Superintendent’s Summary • District-wide support costs including district administration has dropped from 13% to 12.4% of total general fund expenditures while expenditures in general education and special education have remained flat or increased as a percent of the total expenditures. • The District’s reserves were expected to drop to $18.8 million at the end of 2016/2017. Based on the most recent forecasts, we anticipate starting 2017/2018 with reserves of $22.2 million, $3.4 million more than originally budgeted. Again this year, we have budgeted an anticipated $3.1 million decline in general fund reserves to $19.1 at the end of the fiscal year. • At the end of the 2017/2018 fiscal year, the District’s reserves are expected to be $19.1 million which is 6.3% of General Fund expenditures. • Both the Revenue and Expenditures include $7 million in 11 capacity for grants and unanticipated enrollment.
Superintendent’s Summary • Capital and Technology funds will be spent on elementary school fields, facility modernization and renovations, application licenses, technology infrastructure and classroom technology and curriculum. The budgeted end of year balance for 2016/2017 was $2.1 million but the anticipated actual end of year budget is closer to $6.8 million. This year the budgeted end of year balance is $1.3 million. However, every project and area has some contingency built into it. • Construction work continues on Tillicum MS and will begin on Wilburton Elementary and Stevenson Elementary schools. Preparation and demolition work will begin on Clyde Hill Elementary and Highland Middle School. • The District is planning to sell $100 million in bonds in spring 2018. 12
Looking Forward to 2018/2019 • Uncertainty – • Significant amount of time will be spent unpacking, analyzing and working with our employees to understand the impact of HB2242 on: • Financial future • Employee contracts • Program offerings • Preparing for a levy election in February 2018 asking voters for: • Enrichment Levy (replaces former Maintenance and Operations Levy) • Capital and Technology Levy • Possibly a Transportation Vehicle Enhancement Levy (formerly Transportation Vehicle Levy)
Next Steps • A draft of the budget is available on the District website. • Notice of Public Hearings will be placed in newspapers • Community feedback may be received via email, telephone, or at Board meeting on August 29, 2017 • All budgets will be presented to the Board for final adoption at the August 29,2017 board meeting. 14
Questions / More Information For additional information regarding this presentation contact: Name – Melissa deVita Email: devitam@bsd405.org Phone: (425)456-4025 15 The Bellevue School District Mission: To provide all students with an exemplary college preparatory education so they can succeed in college, career and life.
Backup Materials 16
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