REDMOND SCHOOL DISTRICT 2018-19 PROPOSED BUDGET Contours by Katy - PowerPoint PPT Presentation

REDMOND SCHOOL DISTRICT 2018-19 PROPOSED BUDGET Contours by Katy Olivera, Redmond High School Freshman BUDGET COMMITTEE MEETING – APRIL 25, 2018

Elect Budget Committee Officers – Chair & Vice Chair RSD Leader Recognition Banquet, Friday, April 13, 2018

Superintendent’s Budget Message McIntosh Horse by McKaylie Capps, Redmond High School Junior

RSD Strategic Priorities

RSD 2018-19 Budget Priorities • Build on prior year investments in Strategic Plan priorities and objectives. • Maintain successful programs and equitable class sizes. • Provide competitive compensation to attract, recruit & retain highly effective staff. • Prioritize and resource instructional technology initiatives. • Expand the Dual Language Program to first grade. • Expand opportunities for at-risk students with the High School Graduation and College & Career Readiness Fund monies (Measure 98) and HB 3499 grant funds (ELL).

2018-19 Proposed Budget Overview Fund Description 18-19 Budget % of Total 100 General Fund $80,469,200 72.4% 200 Special Revenue Funds $12,416,300 11.2% 300 Debt Service $16,991,800 15.3% 400 Capital Projects $ 146,000 0.1% 600 Internal Service Fund $ 946,200 0.9% 700 Trust & Agency $ 191,200 0.2% Total Budget $111,160,700 100.0%

Summary of Revenues & Expenditures All Funds 1.9%

Summary of Revenues & Expenditures General Fund

RSD 2018-19 Budget – Revenues by Source All Funds

RSD 2018-19 Budget - Expenditures by Function All Funds

RSD 2018-19 Budget – Expenditures by Object All Funds

2018-19 Proposed Budget – General Fund & Measure 98 2017-18 2018-19 Projection Budget % Change Beginning Fund Balance $ 6,106,200 $ 7,790,400 27.6% Total Revenue $72,864,800 $73,582,100 1.0% Total Resources $78,971,000 $81,372,500 3.0% Total Expenses $71,180,600 $76,638,500 7.7% Contingency - $ 4,734,000 Total Requirements $71,180,600 $81,372,500 Ending Fund Balance $ 7,790,400 $ 4,734,000 -39.2% 10.7% 6.4%

RSD 2018-19 Budget Assumptions • Enrollment Growth – 0.7% total District growth; Non-charter from 6,599 to 6,658 (0.9%). • ADMw – Decreased federal poverty estimates leading to a decrease in SSF poverty weightings and reduction in Title I grant allocations. • State School Fund – Biennial allocation of $8.2 Billion. 50%/50% split. • Measure 98 – Funded at $170 million for the biennium. $1.8 million for RSD. • Compensation Increases – Steps & 2.0% COLA. One day added for Licensed. • Benefit Increases – $30 increase in health insurance cap to $1,270 per month.

2018-19 Proposed Budget - Enrollment

RSD 2018-19 Budget Assumptions • Enrollment Growth – 0.7% total District growth; Non-charter from 6,599 to 6,658 (0.9%). • ADMw – Decreased federal poverty estimates leading to a decrease in SSF poverty weightings and reduction in Title I grant allocations. • State School Fund – Biennial allocation of $8.2 Billion. 50%/50% split. • Measure 98 – Funded at $170 million for the biennium. $1.8 million for RSD. • Compensation Increases – Steps & 2.0% COLA. One day added for Licensed. • Benefit Increases – $30 increase in health insurance cap to $1,270 per month.

2018-19 Proposed Budget - ADMw

RSD 2018-19 Budget Assumptions • Enrollment Growth – 0.7% total District growth; Non-charter from 6,599 to 6,658 (0.9%). • ADMw – Decreased federal poverty estimates leading to a decrease in SSF poverty weightings and reduction in Title I grant allocations. • State School Fund – Biennial allocation of $8.2 Billion. 50%/50% split. • Measure 98 – Funded at $170 million for the biennium. $1.8 million for RSD. • Compensation Increases – Steps & 2.0% COLA. One day added for Licensed. • Benefit Increases – $30 increase in health insurance cap to $1,270 per month.

2018-19 Budget – Revenues by Source General Fund & Measure 98

2018-19 Budget – State Formula Revenue General Fund

RSD 2018-19 Budget Assumptions • Enrollment Growth – 0.7% total District growth; Non-charter from 6,599 to 6,658 (0.9%). • ADMw – Decreased federal poverty estimates leading to a decrease in SSF poverty weightings and reduction in Title I grant allocations. • State School Fund – Biennial allocation of $8.2 Billion. 50%/50% split. • Measure 98 – Funded at $170 million for the biennium. $1.8 million for RSD. • Compensation Increases – Steps & 2.0% COLA. One day added for Licensed. • Benefit Increases – $30 increase in health insurance cap to $1,270 per month.

RSD 2018-19 Budget – Salaries & RPC General Fund & Measure 98

RSD 2018-19 Budget – Salary Increase General Fund & Measure 98 $2,297,100, 6.7%

RSD 2018-19 Budget – FTE General Fund & Measure 98 • “Step Up” Behavior Program at EBEC – 3.0 Licensed FTE; 4.47 Classified FTE • Measure 98 Funded High School Success Coordinators – 2.0 Licensed FTE • School Psychologist – 1.0 Licensed FTE • Special Education Teachers moved from IDEA Grant – 1.50 Licensed FTE • Temporary Special Education IA’s eliminated – (2.66 Classified FTE) • Net Impact of Special Education Administrator Changes – 0.7 FTE • Additional Floating Bus Monitor – 0.75 Classified FTE • Decrease in Administrator at RVHS – (1.0 FTE)

RSD 2018-19 Budget – Non-Salary Objects General Fund & Measure 98

RSD 2018-19 Budget – Next Steps • Review budget document and submit questions • Budget Committee Meeting – May 9 • Public Input • Approved budget