Joshua Sweigard, CPA Business Manager June 10, 2020 2020-2021 - PowerPoint PPT Presentation

Joshua Sweigard, CPA Business Manager June 10, 2020

2020-2021 BUDGET Sections: -Budget Overview -Revenue -Expenditures -Countywide Benchmarking Data -Total Budget

• • • • • • •

March 6 th June 10 th Preliminary Proposed Final Budget Budget

30.00% 25.00% Great Depression COVID Pandemic 13.3% 20.00% Great Recession 15.00% 10.00% 5.00% 0.00%

COVID-19 Great Recession

FINAL BUDGET OVERVIEW: Preliminary Proposed Budget Final Budget 2020-2021 2020-2021 TOTAL ESTIMATED REVENUES $ 142,660,978 $ 139,165,372 TOTAL ESTIMATED EXPENDITURES $ 146,912,723 $ 146,487,687 SURPLUS/(SHORTAGE) $ (4,251,745) $ (7,322,315)

Final Proposed Budget Final Budget 2019-2020 2020-2021 Change LOCAL REVENUES $ 92,614,667 $ 88,366,312 $(4,248,355) STATE REVENUES 46,522,767 46,583,593 60,826 FEDERAL REVENUES 2,452,983 4,215,467 1,762,484 TOTAL REVENUES $ 141,590,417 $139,165,372 $(2,425,045)

Proposed Final 2018-2019 2019-2020 2020-2021 Local Revenues Actual Budget Budget Change 6111 Current Real Estate Taxes $ 84,224,652 $ 83,571,866 $ 80,900,731 $ (2,671,135) 6113 Public Utility Realty Taxes 88,598 89,000 81,000 (8,000) 6114 Payments in Lieu of Taxes 34,987 284,987 284,987 - 6141 84,014 90,000 90,000 - Current Act 511 Taxes - Flat Rate Assessments - Per Cap 6143 91,319 79,000 79,000 - Current Act 511 Taxes - Flat Rate Assessments - LST 6153 1,597,748 1,100,000 733,333 (366,667) Current Act 511 Taxes - Prop. Assessments - RE Transfer 6157 537,651 554,000 286,667 (267,333) Current Act 511 Taxes - Prop. Assessments - Mercantile 6411 Delinquencies on Taxes Levied 4,112,238 4,326,000 3,850,000 (476,000) 6510 Earnings on Investments 1,469,654 650,000 150,000 (500,000) 6710 Revenues from District Activities 53,747 25,644 35,000 9,356 6832 Revenues from Intermediary Sources IDEA - Pass Through 1,516,166 1,409,749 1,495,741 85,992 6910 Rentals 157,948 37,555 50,000 12,445 6920 Contributions and Donations 61,571 - - - 6941 Tuition from Other Schools - Regular Day 273,384 292,225 234,962 (57,263) 6942 Tuition from Other Schools - Summer School 7,022 40,000 29,891 (10,109) 6990 Refunds and other Miscellaneous Revenue 160,932 39,641 40,000 359 6992 Energy Incentive Rebates 23,585 25,000 25,000 - $ 94,495,217 $ 92,614,667 $ 88,366,312 $ (4,248,355)

Proposed Final 2018-2019 2019-2020 2020-2021 State Revenues Actual Budget Budget Change 7110 Basic Ed Subsidy $ 21,402,563 $ 21,943,222 $ 21,939,692 $ (3,530) 7160 Tuition for Orphans & Private Home Placements 81,185 95,000 80,000 (15,000) 7271 Special Ed Funding 4,908,481 5,190,414 4,897,930 (292,484) 7292 Pre K Counts 678,595 680,000 700,000 20,000 7310 Transportation 2,089,345 1,855,000 2,025,000 170,000 7320 Rental & Sinking Fund Payments 870,691 750,000 750,000 - 7330 Health Services 133,883 125,000 130,000 5,000 7340 State Property Reduction Allocation 3,390,935 3,390,935 3,391,219 284 7361 Safe Schools Grants 50,857 - - - 7501 Accountability Block Grant 1,029,712 1,029,712 1,029,712 - 7810 Social Security 1,987,683 2,090,979 2,099,159 8,180 7820 Retirement 9,684,908 9,372,505 9,540,882 168,377 $ 46,308,838 $ 46,522,767 $ 46,583,593 $ 60,826

Proposed Final 2018-2019 2019-2020 2020-2021 Federal Revenues Actual Budget Budget Change 8514 Title I $ 1,606,538 $ 1,663,429 $ 1,566,289 $ (97,140) 8515 Title II 265,084 264,792 223,772 (41,020) 8516 Title III 49,664 60,561 59,561 (1,000) 8518 Title IV 58,414 114,201 125,772 11,571 8690 Restricted Federal Grants 3,282 - - - 8709 CARES - ESSER Grant - - 1,362,131 1,362,131 8710 CARES - PCCD Grant - - 602,942 602,942 8810 Medical Access 491,544 350,000 275,000 (75,000) $ 2,474,526 $ 2,452,983 $ 4,215,467 $ 1,762,484 TotalRevenues $ 143,278,581 $ 141,590,417 $ 139,165,372 $ (2,425,045)

350,000 355,000 360,000 365,000 370,000 375,000 380,000 385,000 390,000 395,000 400,000 394,687 376,221 371,611 371,017 372,279 370,135 371,893 375,613 374,248 374,095 381,993 382,596 382,966 367,497

2019-2020 BUDGET TOTAL REVENUES $ 141,590,417 LOCAL REVENUES: REAL ESTATE TAXES (WITHOUT RATE INCREASE) $ (2,671,135) INVESTMENT INCOME (500,000) DELINQUENCIES ON TAXIES LEVIED (476,000) ALL OTHERS (601,220) (4,248,355) STATE REVENUES: SPECIAL EDUCATION FUNDING (292,484) TRANSPORTATION 170,000 RETIREMENT REIMBURSEMENT 168,377 ALL OTHERS 14,933 60,826 FEDERAL REVENUES: CARES ACT - ESSER 1,362,131 CARES ACT - PCCD SAFETY GRANT 602,942 ALL OTHERS (202,589) 1,762,484 2020-2021 BUDGET TOTAL REVENUES $ 139,165,372

20 - 21 Proposed 18 - 19 19 - 20 Final Actual Budget Budget Change 1100 Regular Education 100 Salaries $ 28,221,113 $ 29,622,717 $ 29,139,973 $ (482,744) 200 Benefits 18,877,119 20,473,090 20,204,043 (269,047) 300 Purch Prof & Tech Srvs 524,568 760,500 760,500 0 400 Purch Property Srvs 2,672 11,109 9,109 (2,000) 500 Other Purchased Srvs 3,028,202 3,224,643 3,321,116 96,473 600 Supplies 700,052 815,620 764,220 (51,400) 700 Property 2,653 0 0 0 800 Other Objects 555 0 0 0 51,356,934 54,907,679 54,198,961 (708,718) 1200 Special Education 100 Salaries 9,336,835 9,346,379 10,931,818 1,585,439 200 Benefits 6,127,653 6,363,970 7,553,620 1,189,650 300 Purch Prof & Tech Srvs 9,808,658 11,589,437 11,133,640 (455,797) 400 Purch Property Srvs 0 23,493 0 (23,493) 500 Other Purchased Srvs 6,591,846 6,128,014 5,769,112 (358,902) 600 Supplies 29,540 70,299 70,299 0 700 Property 0 13,500 13,500 0 800 Other Objects 0 0 0 0 31,894,532 33,535,092 35,471,989 1,936,897 1300 Vocational Education 100 Salaries 608,213 579,256 581,507 2,251 200 Benefits 394,165 395,224 405,862 10,638 300 Purch Prof & Tech Srvs 0 15,000 15,000 0 400 Purch Property Srvs 0 2,900 2,900 0 500 Other Purchased Srvs 5,215,494 5,351,346 6,302,000 950,654 600 Supplies 46,881 78,144 79,044 900 700 Property 0 1,000 1,000 0 800 Other Objects 0 0 0 0 6,264,753 6,422,870 7,387,313 964,443

20 - 21 Proposed 18 - 19 19 - 20 Final Actual Budget Budget Change 1400 Other Instr. Programs 100 Salaries 48,218 45,000 45,000 0 200 Benefits 31,248 51,252 31,435 (19,817) 300 Purch Prof & Tech Srvs 76,817 66,272 102,100 35,828 400 Purch Property Srvs 10,125 0 0 0 500 Other Purchased Srvs 399,087 515,029 364,621 (150,408) 600 Supplies 6,731 8,950 10,950 2,000 700 Property 0 0 0 0 800 Other Objects 0 0 0 0 572,226 686,503 554,106 (132,397) 1500 Non Public Programs 100 Salaries 0 0 0 0 200 Benefits 0 0 0 0 300 Purch Prof & Tech Srvs 97,664 97,663 97,663 0 400 Purch Property Srvs 0 0 0 0 500 Other Purchased Srvs 0 0 0 0 600 Supplies 6,395 12,040 12,040 0 700 Property 0 0 0 0 800 Other Objects 0 0 0 0 104,059 109,703 109,703 0 1800 Pre-Kindergarten 100 Salaries 0 0 0 0 200 Benefits 0 0 0 0 300 Purch Prof & Tech Srvs 325 100 100 0 400 Purch Property Srvs 0 0 0 0 500 Other Purchased Srvs 678,225 678,800 698,800 20,000 600 Supplies 5 1,100 1,100 0 700 Property 0 0 0 0 800 Other Objects 0 0 0 0 678,555 680,000 700,000 20,000

20 - 21 Proposed 18 - 19 19 - 20 Final Actual Budget Budget Change 2100 Pupil Personnel 100 Salaries 2,640,998 2,724,415 2,755,290 30,875 200 Benefits 1,711,553 1,844,382 1,910,298 65,916 300 Purch Prof & Tech Srvs 75,107 201,005 66,740 (134,265) 400 Purch Property Srvs 0 0 0 0 500 Other Purchased Srvs 5,696 13,100 12,300 (800) 600 Supplies 39,009 67,216 89,356 22,140 700 Property 0 0 0 0 800 Other Objects 0 400 400 0 4,472,363 4,850,518 4,834,384 (16,134) 2200 Instructional Staff 100 Salaries 2,027,111 2,176,730 2,201,772 25,042 200 Benefits 1,394,241 1,476,629 1,529,318 52,689 300 Purch Prof & Tech Srvs 318,015 266,752 249,252 (17,500) 400 Purch Property Srvs 98,149 118,063 129,220 11,157 500 Other Purchased Srvs 31,016 64,898 64,898 0 600 Supplies 368,107 379,150 251,575 (127,575) 700 Property 11,600 329,936 267,862 (62,074) 800 Other Objects 100 0 0 0 4,248,339 4,812,157 4,693,897 (118,260) 2300 Administration 100 Salaries 2,900,038 3,169,439 3,082,570 (86,869) 200 Benefits 1,984,731 2,157,337 2,151,059 (6,278) 300 Purch Prof & Tech Srvs 345,491 586,500 586,500 0 400 Purch Property Srvs 3,200 6,600 6,600 0 500 Other Purchased Srvs 47,436 173,532 173,532 0 600 Supplies 64,744 67,071 63,071 (4,000) 700 Property 12,422 10,000 10,000 0 800 Other Objects 25,884 27,303 27,953 650 5,383,946 6,197,782 6,101,285 (96,497)