Central Dauphin School District 2018-2019 Budget Presenta<on #8 - PowerPoint PPT Presentation

Central Dauphin School District 2018-2019 Budget Presenta<on #8 April 23, 2018

Central Dauphin School District General Fund Detail Report (Actual) (Actual) (Actual) (Budget) (Projected) (Projected) (Projected) (Projected) (Projected) 2015 2016 2017 2018 2019 2020 2021 2022 2023 Act_3 Act_2 Act_1 BudgetVar Projected_1 Projected_2 Projected_3 Projected_4 Projected_5 REVENUES LOCAL REVENUE 16 . 1160 ≈ 16 . 1160 ≈ 16 . 1160 ≈ 16 . 1160 ≈ 16 . 1160 ≈ 16 . 1160 ≈ 5 . 90% 0 . 00% 0 . 00% 0 . 00% 0 . 00% 0 . 00% Real Estate Taxes 14.6008 ≈ 1.98% 14.8622 ≈ 1.79% 15.2188 ≈ 2.40% Current Real Estate Taxes 76,188,433 79,089,698 81,717,245 87,358,297 87,474,204 87,927,235 88,382,532 88,840,105 89,299,967 Interim Real Estate Taxes 249,016 328,492 252,626 306,600 300,000 306,600 313,345 320,239 327,284 Public U<lity Realty Taxes 143,849 129,906 130,123 130,000 122,000 124,684 127,427 130,230 133,096 Payments in Lieu of Current Taxes/State & Local 234,554 460,262 467,562 467,562 437,000 446,614 456,440 466,481 476,744 Total Real Estate Taxes 76,815,852 80,008,358 82,567,557 88,262,459 88,333,204 88,805,133 89,279,744 89,757,056 90,237,090 Act 511 Taxes Current Act 1 Earned Income Taxes 36,828,195 36,911,904 39,813,958 37,115,582 39,600,000 40,471,200 41,361,566 42,271,521 43,201,494 Real Estate Transfer Taxes 2,588,599 2,474,773 2,245,409 1,601,194 2,400,000 2,452,800 2,506,762 2,561,910 2,618,272 Total Act 511 Taxes 39,416,794 39,386,677 42,059,368 38,716,776 42,000,000 42,924,000 43,868,328 44,833,431 45,819,767 Other Local Revenue Delinquent on Taxes Levied/Assessed by the LEA 3,790,988 3,687,604 4,072,964 3,648,540 3,700,000 3,781,400 3,864,591 3,949,612 4,036,503 Earnings on Investments 1,482,070 81,863 144,485 81,000 200,000 204,400 208,897 213,493 218,189 Revenue From Student Ac<vi<es 23,777 24,800 24,159 24,000 24,000 24,528 25,068 25,619 26,183 Rev from Intermediary Srcs/Pass-Thru Funds from Other Schls 82,900 State Revenue Received from Other Public Schools 5,415 Federal IDEA received from an IU 1,636,097 1,754,742 1,961,718 1,915,234 2,025,997 2,070,569 2,116,121 2,162,676 2,210,255 Federal Revenue Received from Other Intermediary Sources Rentals 5,400 9,650 10,551 9,650 9,862 10,079 10,301 10,528 10,759 Contribu<ons and Dona<ons from Private Sources 35,616 28,884 33,275 Tui<on from Patrons Regular Day School Tui<on 6,160 Receipts from Other LEAS in PA - Educa<on 924,895 1,029,356 1,193,921 1,047,550 1,070,596 1,094,149 1,118,220 1,142,821 1,167,963 Services Provided Other Local Governmental Units/LEAs Refunds and Other Misc. Revenue 100,696 112,231 46,435 269,431 50,000 50,000 50,000 50,000 50,000 Refunds of Prior Years' Expenditures 16,871 197,363 52,404 45,000 45,000 45,000 45,000 45,000 45,000 Energy Efficiency Revenues and Incen<ves 2,058 10,840 12,279 All Other Local Revenues 1,107,255 1,632,948 2,251,553 1,650,000 2,160,000 2,207,520 2,256,085 2,305,719 2,356,445 Total Other Local Revenue 9,125,724 8,581,855 9,886,644 8,690,405 9,285,455 9,487,645 9,694,284 9,905,468 10,121,298 TOTAL LOCAL REVENUE 125,358,369 127,976,890 134,513,568 135,669,640 139,618,659 141,216,779 142,842,356 144,495,955 146,178,155

STATE REVENUE Basic InstrucJonal and OperaJng Subsidies Basic Instruc<onal Subsidy (In Gross) 16,003,539 16,584,468 17,346,349 17,729,324 18,163,002 18,562,588 18,970,965 19,388,326 19,814,869 Charter Schools Tui<on for Orphans & Children Placed in Private Homes 159,936 174,704 300,022 265,000 270,830 276,788 282,878 289,101 295,461 Total Basic InstrucJonal and OperaJng Subsidies 16,163,475 16,759,173 17,646,371 17,994,324 18,433,832 18,839,376 19,253,843 19,677,427 20,110,331 Revenue for Specific EducaJonal Programs Homebound Instruc<on Voca<onal Educa<on 220 Alterna<ve Educa<on Migratory Children 360 480 680 Special Educa<on - Funding for School Aged Pupils 5,203,389 5,330,522 5,445,936 5,535,199 5,660,307 5,784,834 5,912,100 6,042,166 6,175,094 Addl. Prog. Subs. Not listed in the 7000 Series Total Revenue for Specific EducaJonal Programs 5,203,969 5,331,002 5,446,616 5,535,199 5,660,307 5,784,834 5,912,100 6,042,166 6,175,094 Other State Revenue Transporta<on (Regular and Addi<onal) 3,000,019 3,851,815 3,648,959 3,650,000 3,730,300 3,812,367 3,896,239 3,981,956 4,069,559 Rental and Sinking Fund Payments 1,565,986 1,728,760 1,486,529 1,870,893 1,865,453 1,554,168 1,065,724 1,128,903 1,190,323 Health Services 245,008 243,619 254,937 245,000 250,390 255,899 261,528 267,282 273,162 State Property Tax Reduc<on Alloca<on 2,604,354 2,600,573 2,592,538 2,592,538 2,592,538 2,592,538 2,592,538 2,592,538 2,592,538 Safe Schools 24,945 PA Accountability Grant Ready to Learn Block Grant 791,623 1,023,711 1,023,711 1,023,711 1,023,711 1,046,233 1,069,250 1,092,773 1,116,814 Addi<onal grants not listed elsewhere 1,485 2,100 68,248 69,749 71,284 72,852 74,455 76,093 Revenue from Social Security Payments 2,508,100 2,630,728 2,678,248 2,969,607 3,083,591 3,169,932 3,258,690 3,349,933 3,443,731 Revenue from Re<rement Payments 7,229,651 8,915,990 10,832,135 11,732,845 12,504,885 13,377,990 13,938,366 14,499,316 15,172,656 Classrooms for the Future Total Other State Revenue 17,944,741 21,021,626 22,519,157 24,152,842 25,120,617 25,880,409 26,155,186 26,987,156 27,934,877 TOTAL STATE REVENUE 39,312,185 43,111,801 45,612,143 47,682,365 49,214,756 50,504,619 51,321,129 52,706,749 54,220,301 FEDERAL REVENUE Revenue from Federal Sources IDEA, Part B IDEA, Sec<on 619 NCLB - Educa<on of Disadvantaged Children 1,755,023 1,819,790 1,890,575 1,909,921 2,050,622 2,095,736 2,141,842 2,188,962 2,237,120 NCLB - Preparing, Training and Recrui<ng Teachers/Principals 270,141 269,515 261,674 261,674 380,586 388,959 397,516 406,261 415,199 NCLB - Language Instruc<on 213,175 146,724 164,965 140,243 147,931 151,185 154,512 157,911 161,385 NCLB - 21st Century Schools 30,000 44,941 45,930 46,940 47,973 49,028 Medical Assistance Reimbursement Through the Commonwealth 337,544 266,000 300,000 294,560 360,000 367,920 376,014 384,287 392,741 Medical Asstnc. Reimb. For Health-Related Admin. 26,118 29,454 23,251 Total Revenue from Federal Sources 2,602,002 2,531,483 2,640,465 2,636,398 2,984,080 3,049,730 3,116,824 3,185,394 3,255,473 TOTAL FEDERAL REVENUE 2,602,002 2,531,483 2,640,465 2,636,398 2,984,080 3,049,730 3,116,824 3,185,394 3,255,473 OTHER FINANCING SOURCES Other Financing Sources Special Revenue Fund Transfers 3,417,059 1,185,000 1,185,000 1,185,000 Capital Projects Fund Transfers 10 Enterprise Fund Transfers 249,830 249,830 249,830 249,829 249,829 249,829 249,829 249,829 249,829 Internal Service Fund Transfers 3,423,376 2,884,962 Sale or Compensa<on for Loss of Fixed Assets 10,310 1,678 1,475 Other Sources Not Listed in 9000 Series 1,482,342 Insurance Recoveries 2,556 12,250 25,916 Total Revenue from Other Sources 3,679,755 3,687,144 277,221 5,802,133 1,434,829 1,434,829 249,829 249,829 249,829 TOTAL OTHER FINANCING SOURCES 3,679,755 3,687,144 277,221 5,802,133 1,434,829 1,434,829 249,829 249,829 249,829 TOTAL REVENUES 170,952,310 177,307,318 183,043,397 191,790,536 193,252,325 196,205,957 197,530,138 200,637,927 203,903,758