LOPEZ ISLAND SCHOOL DISTRICT YEAR END PRESENTATION FY2019-2020 - PDF document

LOPEZ ISLAND SCHOOL DISTRICT YEAR END PRESENTATION FY2019-2020

LOPEZ ISLAND SCHOOL DISTRICT FUND SUMMARIES OTHER BEGINNING ENDING FUND YEAR REVENUES EXPENDITURES FINANCING BALANCE BALANCE SOURCES GENERAL 2019-2020 761,271 5,085,223 5,347,029 - 499,465 2018-2019 701,950 5,078,579 5,019,258 - 761,271 2017-2018 471,527 4,776,200 4,546,353 575 701,950 CAPITAL PROJECTS 2019-2020 (46,699) 752,920 679,281 - 26,940 2018-2019 871,939 1,370,023 1,322,702 (965,959) (46,699) 2017-2018 180,333 1,480,452 1,309,794 520,948 871,939 DEBT SERVICE 2019-2020 463,381 884,960 870,050 - 478,290 2018-2019 453,391 881,267 1,837,237 965,959 463,381 2017-2018 438,569 885,723 949,582 78,682 453,391 ASB 2019-2020 46,994 55,343 27,234 - 75,103 2018-2019 54,096 32,149 39,251 - 46,994 2017-2018 62,149 35,863 43,916 - 54,096 TRANSP. VEHICLE 2019-2020 248,844 34,695 129,505 - 154,034 2018-2019 214,315 34,529 - - 248,844 2017-2018 179,669 33,795 - 851 214,315 19-20 General Fund Ending Fund Balance % Exp Nonspendable (Prepaid Expenses & Inventory) - - Restricted for Carryover 16,023 0.30% Restricted for Other Items - - Assigned to Other Purposes (InvestEd) 950 0.02% Total Restricted/Assigned 16,973 0.32% Unassigned Fund Balance 1,260 0.02% Minimum Committed Fund Balance (9% of Exp.) 481,233 8.97% Total Unassigned 482,492 8.99% TOTAL 19-20 Ending Fund Balance 499,465 9.31%

LOPEZ ISLAND SCHOOL DISTRICT  The District’s enrollment increased by 11.20 FTE in 19-20.  The District’s budgeted enrollment for 19-20 was 227.00.  The District’s 19-20 average enrollment was 239.71 ENROLLMENT ENROLLMENT 6 YEAR HISTORY (Includes Running Start / ALE / Open Doors) INCREASE / MONTH AVERAGE (DECREASE) 2019-2020 239.71 11.20 2018-2019 228.51 (14.64) 2017-2018 243.15 12.89 2016-2017 230.26 12.89 2015-2016 227.62 (2.36) 2014-2015 229.98

LOPEZ ISLAND SCHOOL DISTRICT GENERAL FUND INFORMATION 2019-2020 Ending Fund Balance Information  The EFB decreased by $261,806 over 2018-2019.  Reasons for the decrease:  Budgeted decrease in EFB due to planned programatic decisions - $296,374 .  Additional revenue due to enrollment exceeding budget by 12 FTE ,  Offset by expenditures in excess of budget due to programatic changes .  Unassigned EFB = $1,260, due to minimum fund balance requirement of 9%

LOPEZ ISLAND SCHOOL DISTRICT GENERAL FUND SUMMARY Actual Budget Actual Actual 2018-19 2019-20 2019-20 Inc (Dec) Beginning Fund Balance 701,950 710,000 761,271 59,321 ADD: Revenues 1000 Local Taxes 736,513 577,428 602,845 (133,668) 2000 Local Non-Tax 178,797 594,160 93,682 (85,115) 3000 State, General Purpose 3,278,762 3,315,800 3,465,193 186,431 4000 State, Special Purpose 646,991 646,877 680,599 33,608 5000 Federal, General Purpose - - - - 6000 Federal, Special Purpose 209,143 235,655 216,960 7,817 7000 Revenues form Other Districts - 3,138 - - 8000 Revenues from Other Agencies 28,372 34,750 25,944 (2,428) 9000 Other Financing - - - - Total Revenues 5,078,579 5,407,808 5,085,223 6,644 TOTAL: Funds Available 5,780,529 6,117,808 5,846,494 65,965 LESS: Expenditures 00 Regular Instruction 2,796,998 3,016,592 2,948,139 151,141 20 Special Education Instruction 605,928 690,471 844,593 238,665 30 Vocational Instructino 13,072 13,675 7,249 (5,823) 50 & 60 Compensatory Edcuation 202,133 199,116 195,964 (6,169) 70 Other Instructional Programs 76,246 384,689 40,008 (36,238) 80 Community Services - - 3,917 3,917 90 Support Services 1,324,881 1,399,639 1,307,160 (17,721) 5,019,258 5,704,182 5,347,029 327,771 Other Fin. Uses - Transfers Out GL 536 - - - - TOTAL: Expenditures 5,019,258 5,704,182 5,347,029 327,771 Ending Fund Balance 761,271 413,626 499,465 (261,807) END: Restricted for Other Items - - - - Restricted for Carryover 38,396 - 16,023 (22,373) Nonspendable (Inventory/Prepaid Exp) - - - - Assigned to Other Puposes (Comp Abs) - - 950 950 Unassigned Fund Balance 271,142 (99,750) 1,260 (269,882) Unassigned Minimum Fund Bal Policy 451,733 513,376 481,233 29,500 Ending Fund Balance 761,271 413,626 499,465 (261,805)

LOPEZ ISLAND SCHOOL DISTRICT GENERAL FUND REVENUE BY SOURCE Actual Budget Actual Actual 2018-19 2019-20 2019-20 Inc (Dec) 1100 Local Property Tax 736,428 577,428 602,803 (133,625) 1300 Sale of Tax Title Property - - - - 1500 Timber Excise Tax 85 - 42 (43) 1900 Other Local Taxes - - - - Total Tax 736,513 577,428 602,845 (133,668) 2100 Tuition & Fees, Unassigned - 1,000 40 40 2131 Secondary Vocational Education 240 - 155 (85) 2171 Traffic Safety Education - - - - 2200 Sales of Goods, Supplies, Svcs 222 5,910 - (222) 2298 School Food Svcs - Sales of Goods 43,744 45,500 29,252 (14,492) 2300 Investment Earnings 21,862 10,000 9,321 (12,541) 2400 Interfund Loan Interest Earnings 561 - 1,914 1,353 2500 Gifts & Donations 55,563 78,191 33,639 (21,924) 2600 Fines & Damages - 100 - - 2700 Rentals & Leases 3,780 3,000 1,940 (1,840) 2800 Insurance Recoveries 4,946 5,000 - (4,946) 2900 Local Support Nontax 46,576 443,959 17,421 (29,155) 2910 E-Rate 1,303 1,500 - (1,303) Total Local Support Nontax 178,797 594,160 93,682 (85,115) 3100 Apportionment 3,247,945 3,288,407 3,431,498 183,553 3121 Special Ed - General Apportionment 30,818 27,393 33,695 2,877 3300 Local Effort Assistance (LEA) - - - - Total State, General Purpose 3,278,762 3,315,800 3,465,193 186,430 4121 Special Education 349,709 327,802 373,780 24,071 4122 Special Education - Infants & Toddlers 5,655 10,420 13,947 8,292 4155 Learning Assistance (LAP) 59,112 62,276 62,381 3,269 4158 Speical & Pilot Programs 14,803 14,779 16,412 1,609 4165 Transitional Bilingual 34,063 39,150 38,442 4,379 4174 Highly Capable 5,514 6,850 7,271 1,756 4198 School Food Service 829 1,600 1,633 804 4199 Transportation - Operations 177,305 184,000 166,733 (10,572) Total State, Special Purpose 646,991 646,877 680,599 33,608 6124 Special Education - Supplemental 71,387 56,964 60,966 (10,421) 6138 Secondary Vocational Education 563 2,273 - (563) 6151 ESEA Disadvantaged, Federal 66,886 78,241 85,727 18,841 6152 Other Title, ESEA Federal 13,613 20,000 - (13,613) 6176 Targeted Assistance-ESSR - - 6,759 6,759 6189 Other Community Services - - 3,917 3,917 6198 School Food Service 41,535 51,000 46,178 4,643 6200 Direct Special Purpose 12,431 22,677 10,789 (1,642) 6321 Special education - Medicaid Reimbursement 2,728 3,000 2,624 (104) 6998 USDA Commodities - 1,500 - - Total Federal, General Pupose 209,143 235,655 216,960 7,817 7100 Program Participation, Unassigned - 3,138 - - 7301 Nonhigh Participation - - - - Total Federal, General Pupose - 3,138 - - 8100 Governmental Entities 24,291 34,750 25,944 1,653 8200 Private Foundations 4,081 - - (4,081) 9900 Transfers - - - - 9300 Sales of Equipment - - - - Total Other Revenues 28,372 34,750 25,944 (2,428) TOTAL REVENUES BY SOURCE 5,078,579 5,407,808 5,085,223 6,644

LOPEZ ISLAND SCHOOL DISTRICT GENERAL FUND REVENUE BY SOURCE Revenue Type Totals The graph below depicts the sources of Local Tax $ 602,845 11.9% revenue for the Lopez Island School District. Local Support NonTax $ 93,682 1.8% State, General Purpose is the largest funding State, General Purpose $ 3,465,193 68.1% source along with State, Special Purpose State, Special Purpose $ 680,599 13.4% funding. Local taxes collected in the form of an Total Federal, Special Purpose $ 216,960 4.3% EPO Levy accounts for 12% of the District's Other Revenues $ 25,944 0.5% revenues. Grand Total $ 5,085,223 100.0%

LOPEZ ISLAND SCHOOL DISTRICT EXPENDITURES BY PROGRAM Actual Budget Actual Actual PROGRAM NAME 2018-19 2019-20 2019-20 Inc (Dec) 01 Basic Education 2,707,739 2,924,514 2,845,637 137,898 02 Alternative Learning Experience 89,259 92,078 102,501 13,243 97 District Wide Support 1,006,225 1,050,819 967,264 (38,961) Total CORE BEA 3,803,223 4,067,411 3,915,403 112,180 21 Special Education 533,676 628,178 777,754 244,078 22 Special Education - Infants & Toddlers 5,372 9,473 10,582 5,210 24 Special Education - Federal 66,879 52,820 56,256 (10,622) 31 Vocational Secondary, Basic Ed, State 12,508 10,043 7,249 (5,259) 34 Vocational, Middle School Basic Ed - 1,500 - - 38 Vocational, Secondary, Federal 563 2,132 - (563) 51 ESEA Disadvantaged, Federal 76,968 70,902 77,967 999 52 Other Title, ESEA, Federal 14,656 16,873 9,413 (5,242) 55 LAP 62,682 60,969 56,026 (6,656) 58 Special, Pilot Programs 16,455 13,743 20,005 3,550 64 LEP, Federal 1,653 2,500 - (1,653) 65 Transitional Bilingual, State 29,719 34,129 32,552 2,834 74 Highly Capable 5,434 7,441 5,249 (185) 79 Other Instructional Programs 70,812 377,248 34,756 (36,056) 89 Other Community Svcs - - 3,917 3,917 98 School Food Svc. 173,729 172,955 171,913 (1,816) 99 Pupil Transportation 144,927 175,865 167,983 23,056 Total CATEGORICAL 1,216,035 1,636,771 1,431,626 215,591 TOTAL EXPENDITURES 5,019,258 5,704,182 5,347,029 327,771