Central Consolidated School District March 15, 2018 Fiscal Year - PowerPoint PPT Presentation

Central Consolidated School District March 15, 2018

Fiscal Year 17-18 and Fiscal Year 18-19 FY 18-19 FY 17-18 • Student Enrollment Average 80 & • Student Enrollment Average 120 Day: 5694.5 (-222.5) 80 & 120 Day: 5917 • Unit Value: $4,165.95 (Estimated at • Unit Value: $4,084.26 2% increase) • State Equalization Guarantee • State Equalization Guarantee (SEG): $32,356,995.37 (SEG): $30,172,994.52 (-2,184,000.85)

Types of Funding • Operational Funds  Impact Aid  State of New Mexico • Major Grant Funds

Fiscal year 18-19 • Student Enrollment Average 80 & 120 Day: • 5694.5 (-222.5 Students) • Unit Value: • Set at $4,165.95 (Estimated at 2% increase) • State Equalization Guarantee (SEG): • $30,172,994.52 (Estimated)

Enrollment 6200 15-16 16-17 17-18 18-19 6061 6041.75 5917 6000 5800 5694.5 5600 5400 5200 5000 Enrollment

Unit Value 15-16 16-17 17-18 18-19 4250 4165.95 4053.55 4027.75 3979.63 4000 3750 3500 3250 3000 Unit Value

State Equalization Guarantee 15-16 16-17 17-18 18-19 $35,000,000 $32,018,811 $30,172,995 $30,792,331 $30,000,000 $26,673,207 $25,000,000 $20,000,000 $15,000,000 $10,000,000 $5,000,000 $0 SEG

Impact Aid Funding (Non Special Ed Funding) 15-16 16-17 17-18 18-19 $25,000,000 $22,751,100.00 $21,526,000.00 $20,000,000 $18,534,650.00 $18,065,612.45 $15,000,000 $10,000,000 $5,000,000 $0 SEG

Current Year Revenue Adjustments Dollars • October 2016 Unit Value Reduction UV reduction 16- -$691,199 17 • February 2017 Cash Balance Pull Cash Balance Back -$921,177 Reduction 16-17 • 17-18 State Equalization Increase Projected 17-18 $5,345,604 SEG • 17-18 Impact Aid Reduction from Projected 17-18 -$1,750,100 Impact Aid Total -$1,983,128

District Budget Fixed Cost Expenditures • Cost Increases • Health & Medical Premiums • 3.98% increase – Both employer and employee - $95,000 • Property & Liability Premiums • Anticipate a 3% increase - $37,500 Utility Services • Budgeting for a 10% increase - $347,750

Budget Expenditures Budget 22% 2% 69% 7% Salaries & Benefits Utilities Insurance Other Expenses

Expenditures by Function SEG and Impact Aid Funding 1.50% 0.50% By Function 49% 49% 1000 Direct Instruction 2000 Student Support 3000 Community Service 4000 Facilities & Construction

CCSD Employees Statistics * 1150 Total CCSD Employees - 387 Certified Employees - 280 Non-Certified Full Time - 483 Substitutes & Part-Time (Varies)  $48,677.00/Average Salary - Certified Employees  $40,971.00/Average Salary – Non-Certified Employees • $18,837,503.00 Salary Expense (Certified Employees) • $ 7,187,408.00 Salary Expense (Non-Certified Employees) • $ 2,232,288.00 Salary Expense (Administration, Includes Principals)

CCSD Grant Funding

CCSD Grant Funding

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