2012 – 2013 PROPOSED BUDGETPresented by: Tish Grill

Revenue12-13 Budget 11-12 Budget Net Change

Property Taxes $14,533,265 $13,200,000 $1,333,265

Interest on Investments $178,525 $173,525 $5,000

Local Revenue $123,500 $123,500 $0

State Revenue $2,572,739 $4,184,837 -$1,612,098

Federal Revenue $12,000 $25,000 -$13,000

TOTAL REVENUE $17,420,029 $17,706,862 -$286,833

State Revenue

12-13 11-12 Net Change

Average Daily Attendance 2132 2220 -88

ADA and Program Adjustments -$362,273

ASATR $456,693 $1,706,518 -$1,249,825

Total Loss in State Revenue -$1,612,098

InstructionFunctions 11, 12, and 13

• Payroll Cost $9,884,491

• Contracted Services $121,697

• Supplies and Materials $342,035

• Operating Expenses $71,579

• Total Instruction Budget $10,419,802

59%

Instructional SupportFunctions 21, 23, 31, 33, 36

• Payroll Cost $2,295,017

• Contracted Services $132,848

• Supplies and Materials $104,497

• Operating Expenses $223,225Total Instructional Support Budget $2,755,587

16%

Central AdministrationFunction 41

• Payroll Cost $301,073

• Contracted Services $82,928

• Supplies and Materials $11,570

• Operating Expenses $38,585Total Central Administration Budget $434,156

2%

District OperationsFunctions 34, 35, 51, 52, and 53

• Payroll Cost $1,957,649

• Contracted Services $881,490

• Supplies and Materials $509,541

• Operating Expenses $9,897

Total District Operations Budget $3,358,577

19%

Debt ServiceFunction 71

• Debt Payment $81,396

• Total Debt Service Budget $81,396

<.5%

OtherFunctions 61, 81, 92, 99, and 00

• Contracted Services $367,320

• Supplies and Materials $3,200

• Capital Expenses $77,596

• Transfers Out $266,327

• Total Other Budget $714,443

4%

12-13 Proposed Budget• Payroll Cost $14,438,230 (81%)• Contracted Services $1,586,283 (9%)• Supplies and Materials $970,843 (5%)• Operating Expenses $343,286 (2%)• Debt Payments $81,396 (<.5%)• Capital Improvements $77,596 (<.5%)• Transfers Out $266,327 (2%)

Total Operating Budget $17,763,961

Budget Deficit

Total Revenue $17,420,029

Total Appropriations $17,763,961

Total Budget Deficit -$343,932

Budget Decreased by 1.5%

District Budget Revenue Cuts12-13 Budget 11-12 Budget Net Change

General Operating Fund $17,420,029 $17,706,862 -$286,833

Title I, Part A $488,797 $522,896 -$34,099

Title II, Part A $80,285 $89,809 -$9,524

Title III, Part A $10,247 $10,880 -$633

IDEA.B $437,801 $440,496 -$2,695

IDEA.B Pre-School $5,780 $6,592 -$812

Carl D. Perkins (CATE) $26,518 $28,488 -$1,970

Education Job Funds $0 $421,568 -$421,568

College Readiness $0 $132,650 -$132,650

Total Revenue Decreased $890,784 (4.6%)

Average Daily Attendance

2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

2,000

2,100

2,200

2,300

2,400

2,500

2,600

2,43

5

2,51

2

2,46

6

2,46

2

2,43

5

2,37

2

2,34

8

2,33

0

2,30

1

2,31

8

2,26

6

2,22

0

2,19

9

Debt Obligation

2012-13

2013-14

2014-15

2015-16

2016-17

2017-18

2018-19

2019-20

2020-21

2021-22

2022-23

2023-24

2024-25

2025-26

2026-27

2027-28

2028-29

2029-30

2030-31

2031-32

$1,800,000

$1,820,000

$1,840,000

$1,860,000

$1,880,000

$1,900,000

$1,920,000

$1,940,000

$1,960,000

$1,980,000

$2,000,000

What happens next?June 18, 2012 Adopt Budget and End of Year Budget Amendment

July 25, 2012 Certified Property Appraisals

August 29, 2012 Advertisement for Tax Rate Hearing and Tax Rate Adoption

September 5, 2012 Advertisement for Tax Rate Hearing and Tax Rate Adoption

September 10, 2012 Tax Rate Hearing

September 10, 2012 Tax Rate Adoption

October 8, 2012 Budget Amendment if necessary

Looking Ahead to 2013-2014Enrollment

Attendance

Attrition

QUESTIONS?