2015-16 proposed budget. july 1 - june 30 district budget budget approved in august by finance &...
TRANSCRIPT
2015-16Proposed Budget
July 1 - June 30 DISTRICT BUDGET
Budget Approved in August by Finance & SBBudget Hearing/Annual Meeting in Sept.Budget Finalized in October by Board
Property Value – October 1Student Enrollment - 3rd Friday in September
Transfer of ServiceState Aid - October 15
Budget Factors
State Aid: • District Property Value and • Prior year average of Sept. and Jan. Enrollment.
Revenue Limit: • District Property Value, • 3-year average of Sept. and Summer School Enrollment, • Transfer of Service, • Prior Year Spending, • Referendums, and• State Aid.
Budget Factors
Estimated State Aid
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
$13,044,230
$13,788,938$13,816,876
$14,255,864
$14,544,152
$14,025,023$13,695,187
$12,325,668
$12,936,172
$14,107,283
$13,464,519
$12,960,525
Equalization Aid
Property Values
2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16
$1,273,936,016$1,300,392,680
$1,321,874,401
$1,263,139,024$1,245,693,492
$1,147,127,852$1,140,177,336
$1,158,687,367$1,158,568,255
Property Values
1998-99
1999-00
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
2013-14
2014-15
2015-16
2350
2400
2450
2500
2550
2600
25502560
25712566
2535 25262535 2536
2505
2486 248124752467 2463 2462
2473
2455
2438
Revenue Limit Membership
Operational Referendums
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-160%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
Untaxed Referendum Dollars
Used Refer-endum Dollars
Budget Revenues: State Aid and TaxesBudget Expenses:
Salaries and FringesTransportationInsuranceSupplies and EquipmentMaintenance UtilitiesContracted Services
GENERAL FUND (FUND 10) $27,208,085
DEBT SERVICE (FUND 30)$326,000
Maintenance Referendum
Funds that Impact the Levy:
CAPITAL PROJECTS (FUND 40) $0.00
Fund 2015-16 Receipts
2015-16 Expenditures
General Fund (Fd 10) 27,208,085 27,208,085
Debt Service Fund (Fd 30)From Fund Balance
320,2005,800
326,000
Capital Expansion Fund (Fd 40) 0 0
Funds 10, 30, 40 are used in the Levy calculation. Funds 20, 50, 60, 70, 80, 90 are not used to calculate the Levy.
27,534,085 27,534,085
Budget to Taxy Levy
To determine the property tax levy:
Revenue Limit- minus
State Equalization Aid= equals
Property Tax Levy
PROJECTED 15-16 LEVY
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16$10,000,000
$10,500,000
$11,000,000
$11,500,000
$12,000,000
$12,500,000
$13,000,000
$12,744,014
$12,157,600
$12,423,434
$11,739,887
$10,937,915
$11,567,154$11,566,061
Each municipality’s share of the levy is determined by its share of the total equalized value.2014 2014 2013
County Municipality Value Valuation % Valuation %Columbia C Portage $538,712,900 46.49% 47.54%Columbia T Caledonia $179,318,995 15.48% 15.03%Columbia T Dekorra $191,437 0.02% 0.02%Columbia T Ft. Winnebago $71,763,500 6.19% 6.06%Columbia T Lewiston $116,609,288 10.06% 10.13%Columbia T Marcellon $1,067,390 0.09% 0.09%Columbia T Pacific $172,321,334 14.87% 14.74%Columbia T Wyocena $4,256,446 0.37% 0.37%Marquette T Douglas $16,374,777 1.41% 1.43%Marquette T Moundville $43,649,900 3.77% 3.42%Marquette V Endeavor $14,029,700 1.21% 1.13%Sauk T Greenfield $391,700 0.03% 0.04%TOTAL 12 Municipalities $1,158,687,367 100.00% 100.00%
2014 2014 2013County Municipality Value % %
Columbia C Portage $538,712,900 46.49% 47.54%Columbia T Caledonia $179,318,995 15.48% 15.03%Columbia T Dekorra $191,437 0.02% 0.02%Columbia T Ft. Winnebago $71,763,500 6.19% 6.06%Columbia T Lewiston $116,609,288 10.06% 10.13%Columbia T Marcellon $1,067,390 0.09% 0.09%Columbia T Pacific $172,321,334 14.87% 14.74%Columbia T Wyocena $4,256,446 0.37% 0.37%Marquette T Douglas $16,374,777 1.41% 1.43%Marquette T Moundville $43,649,900 3.77% 3.42%Marquette V Endeavor $14,029,700 1.21% 1.13%Sauk T Greenfield $391,700 0.03% 0.04%
TOTAL 12 Municipalities $1,158,687,367 100.00% 100.00%
PROJECTED TAX IMPACT
$9.98 Mill Rate
$100,000 Home
$998. Tax Amount
Mill Rate – History
Fall 1990
Fall 1991
Fall 1992
Fall 1993
Fall 1994
Fall 1995
Fall 1996
Fall 1997
Fall 1998
Fall 1999
Fall 2000
Fall 2001
Fall 2002
Fall 2003
Fall 2004
Fall 2005
Fall 2006
Fall 2007
Fall 2008
Fall 2009
Fall 2010
Fall 2011
Fall 2012
Fall 2013
Fall 2014
16.5517.1817.50
17.17
15.1114.05
10.94
9.32
9.73
9.198.16
8.988.60
9.109.32
8.778.76
8.619.10
9.64 9.629.97 10.23
9.59 9.98
Historical Mill Rates
MILL RATE COMPARISON
Note: Budget adjustments are made in Octoberbased on student enrollment, state aid certification, transfer of service allocation, district adjustment, the state voucher program, and property valuations.