Hopkins Public Schools Hopkins Public Schools 2017 2017– 2017 2017– – 2018 – 2018 2018 2018 Public Budget Hearing Public Budget Hearing – – June 19, 2017 June 19, 2017
• The purpose of the budget hearing is to inform you that Hopkins Public Schools is currently levying 18 mills on all non- homestead properties which authorizes us to collect approximately $688,000 of property taxes. • The district levies 10.34 mills on all homestead, non-homestead, commercial, industrial, qualified agricultural, and qualified forest properties for debt and 1.60 mills for the sinking fund.
Taxable Value History 280 270 260 250 250 in millions 240 230 220 210 2010 2011 2012 2013 2014 2015 2016 2017
Hopkins Schools Fall Enrollment by Building 900 800 700 600 500 Elementary 400 Middle School Middle School 300 300 High School 200 100 0
Student Foundation Grant 7800 7600 7631 7511 7400 7391 7316 7200 7251 7100 7076 7076 7000 7000 7030 7030 6966 $ Per Student 6875 6800 6846 6700 6600 6400 6200 2005 2006 2007 2008 2010 2011 2013 2014 2015 2016 2017 2018
2017/18 Budget Variables • Additional funding – $120 per pupil foundation increase – Additional At Risk Funding of $170,000 – Special Ed funding per SE-4096 – AAESA Fund Balance Shared • Reductions in Funding – – Technology Infrastructure Grant Eliminated Technology Infrastructure Grant Eliminated • Pupil Count (90/10) Estimated at 1,670 FALL 1,668 SPRING • Staffing Changes – New Middle School Gym Teacher and 0.50 Art Teacher – New 4 th Grade Teacher at Hopkins Elementary – Job Share at Hopkins Elementary (Norg/VanDerMeulen) – New 0.50 ECSE Teacher / 0.30 ELL Teacher – - Additional 4-hr custodian
PROPOSED 2017/2018 General Fund REVENUES Local $ 878,932 State $ 13,682,515 Federal $ 187,513 $ 718,613 Incoming Transfers $ 15,467,573 Total EXPENDITURES Basic Program $ 7,544,760 Added Needs $ 1,536,093 Pupil $ 725,662 Instructional Staff $ 230,647 General Administration $ 327,473 School Administration $ 937,345 Business Services Business Services $ 240,122 $ 240,122 Operations & Maintenance $ 1,535,780 Transportation $ 969,872 Central Svcs $ 573,069 Athletics $ 421,989 Community Svcs $ 33,910 Debt Svcs $ 242,055 Total $ 15,318,777 Excess of Revenues $ 148,796 Fund Balance, Beg of Year $ 1,778,689 Fund Balance, End of Year $ 1,927,485 12.58% Fund Balance %
2017/18 Revenues Local - $190,900 Taxes - $688,000 State - $13,682,500 State - $13,682,500 Federal - $187,500 Incoming Transfers - $718,600
2017/18 Expenditures Basic Programs Added Needs Pupil Instructional Staff General Admin School Admin Business Svcs Business Svcs Operations & Maint Transportation Support Svcs Athletics Community Svcs Debt Services
Recommend
More recommend
