adoption of the fy16 budget and certification of levies to ... · adoption of the fy16 budget and...
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Prepared by: Finance Office July 13, 2015 Presented by: Todd Vik
Adoption of the FY16 Budget and
Certification of Levies to County Auditors
EXECUTIVE SUMMARY
Purpose of Report: To receive School Board approval of the FY16 Budget and to receive authorization to certify levies to the Minnehaha and Lincoln County Auditors.
The Sioux Falls School Board held a public work session on the budget April 8, 2015 to review the program budgets as presented by the Administration. On April 13, 2015, a public hearing on the District’s FY16 budget was held. No comments were received from the public in attendance at either meeting.
The School Board granted tentative approval of the budget at its meeting held April 27, 2015. There have been changes made to the FY16 Budget since tentative approval. All of the changes are delineated in the attached report.
Administrative Recommendation to School Board: Approve the FY16 Budget as presented and certify the levies to the Minnehaha and Lincoln County Auditors. A suggested motion is attached to the report.
Report prepared by: Finance Office 1 July 13, 2015 Presented by: Todd Vik
Adoption of the FY16 Budget and Certification of Levies to County Auditors
Report
Purpose of Report: To receive School Board approval of the FY16 Budget and to receive authorization to certify levies to the Minnehaha and Lincoln County Auditors.
District Priority Area: Fiscal Accountability and Systems Management
Explanation: The Sioux Falls School Board held a public work session on the budget April 8, 2015 to review the program budgets as presented by the Administration. On April 27, 2015, a public hearing on the District’s FY16 budget was held. No comments were received from the public in attendance at either meeting.
The School Board granted tentative approval of the budget at its meeting held April 27, 2015. There have been changes made to the FY16 Budget since tentative approval. The changes are:
GENERAL FUND
Elementary Administration and Clerical Services Administrative travel/dues and fees were increased by $2,669 to correct an error in the
tentative budget.
Indian Education Services A. 0.5 FTE Administrator was added to Cost Center 134 –Indian Education Services.
This administrator will assume the duties of Indian Education Supervisor and increases the budget by $60,951 for salaries and benefits.
Johnson O’Malley Funds Assumes $20,000 in flow through funds from the Flandreau Santee Sioux Tribe.
School Board/Election Services $15,000 was added for professional development/travel. This will allow all Board
members to travel to the National School Boards Convention.
The amount to fund the revisions was added to cash from fund balance which now stands at $5,439,021.
SPECIAL EDUCATION FUND Special Education -Health Services $98,908 was added to Health Services to fund 1.65 FTE nurses to meet caseload
demands. The same amount was added to cash from fund balance which is $2,649,913.
Administrative Recommendations to School Board: The administration recommends approving the following:
1. Approving the FY16 Budget as presented. 2. Certifying the levies to the Minnehaha and Lincoln County Auditors.
Report prepared by: Finance Office 2 July 13, 2015 Presented by: Todd Vik
A suggested motion is, as follows:
A motion was made by ______ and seconded by _____, ____ votes “yes” on roll call, adopting the FY16 Budget of the
Sioux Falls School District 49-5 (see MRF # and Action 36960, adopted 7/14/2014) and certifying the levies to the
Minnehaha and Lincoln County Auditors, as follows:
Fund Fund Description
FY16
Revenue
Budget
Transfers
In
Cash from
Fund Balance
Total Funds
Available
FY16
Expenditure
Budget
Transfers
Out
FY16
Expenditure/
Transfer
Budget
10 General $143,310,821 $ - $ 5,439,021 $148,749,842 $148,749,842 $ - $148,749,842
21 Capital 25,441,217 - - 25,441,217 22,809,826 - 22,809,826
22 Special Education 34,803,213 - 2,649,913 37,453,126 37,453,126 * - 37,453,126
24 Pension Fund 2,907,972 - - 2,907,972 2,907,972 - 2,907,972
31 Bond Redemption 2,863,725 - - 2,863,725 2,863,725 - 2,863,725
41Capital Projects-New
Elementary School- - 9,106,650 9,106,650 9,106,650 - 9,106,650
42 Capital Projects-CIP - - 20,711,877 20,711,877 6,358,254 - 6,358,254
46Capital Projects-New
Middle School - - 7,883,118 7,883,118 7,883,118 7,883,118
51 Food Service 10,762,015 - 250,818 11,012,833 10,925,604 - 10,925,604
55 Community Education Svc 5,660,003 - - 5,660,003 6,197,281 - 6,197,281
56 Reprographics Fund 863,650 - - 863,650 853,793 - 853,793
57 House Construction - - 986 986 986 - 986
65 Self-Insurance Trust 30,186,673 - 418,076 30,604,749 30,604,749 - 30,604,749
Totals $256,799,289 -$ $46,460,459 $303,259,748 $286,714,926 -$ $286,714,926
* The first $11.5 million of state and local special education non-federal, non-CEIS expenditures are local expenditures; the remainder are state
expenditures.
Report prepared by: Finance Office 3 July 13, 2015 Presented by: Todd Vik
And further approving the levies be certified to the County Auditors as follows:
TAX LEVY REQUEST
CALENDAR 2016
Fund
Description
Per
Mil
In
Dollars 10 General Fund Ag Land $1.568
Non-Ag Land (owner occupied) 4.075
Non-Ag Land (non-owner occupied) 8.727
Opt Out $ 4,940,000
21 Capital Outlay Fund 3.000
22 Special Education Fund 1.209
24 Pension Fund .30
31 Bond Redemption Fund -0-
FY16 PROPOSED BUDGET
EXHIBITS
FY16 PROPOSED BUDGET
TAX-SUPPORTED FUNDS
REVENUES
Combined Unrestricted Restricted Special Capital Bond
General General General Education Outlay Pension Redemption Proof
Source Fund Fund Fund Fund Fund Fund Fund Total
Local Property Taxes 66,378,728$ 66,378,728$ -$ 11,984,047$ 24,959,250$ 2,892,972$ 1,457,096$ 107,672,093$
State Revenue 59,874,197 59,874,197 - 16,736,166 - - - 76,610,363
Federal Revenue 10,859,407 - 10,859,407 5,166,000 328,308 - - 16,353,715
County (traffic fines) 1,020,000 1,020,000 - - - - - 1,020,000
Other Local Sources 5,178,489 4,966,847 211,642 917,000 153,659 15,000 10,000 6,274,148
Total Revenues 143,310,821$ 132,239,772$ 11,071,049$ 34,803,213$ 25,441,217$ 2,907,972$ 1,467,096$ 207,930,319$
Cash from Fund Balance 5,439,021 5,439,021 - 2,649,913 - - 1,396,629 9,485,563
Transfers In - - - - - - - - Total Revenues, Transfers & Cash 148,749,842$ 137,678,793$ 11,071,049$ 37,453,126$ 25,441,217$ 2,907,972$ 2,863,725$ 217,415,882$
EXPENDITURES
Combined Unrestricted Restricted Special Capital Bond
General General General Education Outlay Pension Redemption Proof
Use Fund Fund Fund Fund Fund Fund Fund Total
Salaries 96,914,079$ 91,491,164$ 5,422,915$ 23,869,879$ -$ -$ -$ 120,783,958$
Benefits 29,823,286 28,145,219 1,678,067 7,668,220 - 2,907,972 - 40,399,478
Purchased Services 14,872,872 11,544,401 3,328,471 5,166,204 1,364,000 - - 21,403,076
Supplies and Materials 6,771,858 6,134,562 637,296 577,493 - - - 7,349,351
Dues and Fees 367,747 363,447 4,300 21,330 630,068 - 10,000 1,029,145
Capital Acquisition - - - 150,000 9,163,925 - - 9,313,925
Debt Services - - - - 11,651,833 - 2,853,725 14,505,558
Total Expenditures 148,749,842$ 137,678,793$ 11,071,049$ 37,453,126$ 22,809,826$ 2,907,972$ 2,863,725$ 214,784,491$
Transfers Out - - - - - - - -
Reserves - - - - 2,631,391 - - 2,631,391 Total Expenditures and Transfers 148,749,842$ 137,678,793$ 11,071,049$ 37,453,126$ 25,441,217$ 2,907,972$ 2,863,725$ 217,415,882$
Created: 2/16/15 1:22 PM
Revised: 7/8/2015 11:59 AM
Printed: 7/8/2015 11:59 AM Exhibit 1
FY16 PROPOSED BUDGET
SELF-SUPPORTED FUNDS
REVENUES
Community House Food Capital Insurance
Reprographics Education Construction Service Projects Trust Proof
Source Fund Fund Fund Fund Funds Fund Total
Property Taxes -$ -$ -$ -$ -$ -$ -$
State Revenue - - - 45,000 - - 45,000
Federal Revenue - - - 6,498,876 - - 6,498,876
Other Local Sources 863,650 2,933,234 - 4,218,139 30,186,673 38,201,696
Tuition and Fees - 2,726,769 - - - - 2,726,769
Total Revenue 863,650$ 5,660,003$ -$ 10,762,015$ -$ 30,186,673$ 47,472,341$
Cash from Fund Balance - - 986 250,818 14,241,372$ 418,076 14,911,252
Transfers In - - - - - - -
Total Revenue, Transfers & Cash 863,650$ 5,660,003$ 986$ 11,012,833$ 14,241,372$ 30,604,749$ 62,383,593$
EXPENDITURES
Community House Food Capital Insurance
Reprographics Education Construction Service Projects Trust Proof
Expenditure Fund Fund Fund Fund Funds Fund Total
Salaries 105,601$ 4,424,645$ -$ 3,710,843$ -$ -$ 8,241,089$
Benefits 28,409 825,081 - 1,140,001 - - 1,993,491
Purchased Services 664,783 557,862 986 370,452 - - 1,594,083
Supplies and Materials 55,000 366,193 - 5,293,808 - - 5,715,001
Dues and Fees - 13,500 80,500 - 30,604,749 30,698,749
Capital Acquisition - - - 330,000 15,202,896 - 15,532,896
Total Expenditures 853,793$ 6,187,281$ 986$ 10,925,604$ 15,202,896$ 30,604,749$ 63,775,309$
Non-Cash Depreciation Expense - 10,000 1,452 417,229 - - 428,681
Cash for Equipment - - - 330,000 - - 330,000
Transfers Out - - - - - - -
Total Expenditures & Transfers 853,793$ 6,197,281$ 2,438$ 11,012,833$ 15,202,896$ 30,604,749$ 63,873,990$
Revenues Over Expenditures 9,857$ (537,278)$ (1,452)$ -$ (961,524)$ -$ (1,490,397)$
Created: 2/16/15 1:20 PM
Printed: 7/8/2015 11:59 AM Exhibit 2
FY16 PROPOSED BUDGET
GENERAL FUND REVENUES
Increase/
Source FY15 FY16 (Decrease)
District Property Tax Levy 65,867,235$ 66,378,728$ 511,493$
Gross Receipts Tax 1,850,000 2,118,000 268,000
Mobile Home Tax 25,000 31,000 6,000
Penalties & Interest on Taxes 130,000 166,664 36,664
Tuition Sources 374,147 347,983 (26,164)
Transportation Fees 50,000 15,000 (35,000)
Interest Earned 210,000 150,000 (60,000)
Gate Receipts/Ticket Sales 258,200 258,200 -
Rentals 40,000 50,000 10,000
Parking Fees 100,000 100,000 -
County Apportionment 1,150,000 1,020,000 (130,000)
General State Aid 53,234,777 55,973,197 2,738,420
Supplemental State Aid - - -
State Apportionment 1,600,000 1,800,000 200,000
Bank Franchise Tax 2,000,000 2,060,000 60,000
Other State Monies 58,339 41,000 (17,339)
Federal Monies 10,660,153 10,859,407 199,254
Medicaid 630,000 600,000 (30,000)
Tournament Revenue 121,301 211,642 90,341
Miscellaneous Revenue/Other Categorical* 1,035,572 1,130,000 94,428 Total General Fund Revenues 139,394,724 143,310,821 3,916,097
Cash to Finance 5,181,729 5,439,021 257,292 Total General Fund Revenue and Cash 144,576,453$ 148,749,842$ 4,032,389$
*Includes $130,000 from Post-Secondary Technical Fund
Revised: 2/16/15 1:20 PM
Printed: 7/8/2015 12:00 PM Exhibit 3
FY16 PROPOSED GENERAL FUND
BY PROGRAM
(Recommended Levels)
FTE FTE Budget Budget Increase/
BUDGET DATA FY15 FY16 FY15 FY16 (Decrease)
Elementary Program
Projected Enrollment 11,692
Elementary Instruction 579.94 595.89 36,442,728$ 37,263,947$ 821,219$
Elementary Libraries 36.22 34.01 1,564,817 1,481,886 (82,931)
Literacy in Action SF 34.90 24.90 2,310,678 1,719,324 (591,354)
Elementary Teacher Hourly - - 122,178 119,581 (2,597)
Elementary Extra Duty - - 34,727 40,280 5,553
Elementary Admin/Clerical 60.09 58.06 4,559,515 4,402,560 (156,955)
Total Elementary Program 711.15 712.86 45,034,643$ 45,027,578$ (7,065)$
Middle School Program
Projected Enrollment 5,019
Middle School Instruction 270.04 276.05 17,870,903$ 18,416,567$ 545,664$
Middle School Libraries 9.35 9.35 448,412 451,713 3,301
Middle School Teacher Hourly - - 107,687 106,702 (985)
Middle School Extra Duty - - 129,837 131,220 1,383
Middle School Admin/Clerical 25.00 25.00 1,922,395 1,959,743 37,348
Total Middle School Program 304.39 310.40 20,479,234$ 21,065,945$ 586,711$
High School Program
Projected Enrollment 6,627
High School Instruction 303.95 301.36 20,406,495$ 20,548,325$ 141,830$
High School Libraries 9.22 9.22 401,884 410,046 8,162
High School Extra Duty - - 130,941 131,097 156
High School Admin/Clerical 43.40 43.40 3,291,731 3,501,354 209,623
Career & Tech Ed Academy 20.61 19.49 1,393,085 1,355,239 (37,846)
Total High School Program 377.18 373.47 25,624,136$ 25,946,061$ 321,925$
School-Based Programs
Fine and Performing Arts - 1.00 820,299$ 967,850$ 147,551$
Indian Education (District-funded) 7.00 7.50 531,475 607,876 76,401
Gifted Education 9.45 9.45 736,533 692,821 (43,712)
Auxiliary Programs 9.39 8.50 1,408,267 1,426,162 17,895
Advanced Placement - - 87,997 88,081 84
English Language Learner Program 34.26 49.60 2,568,485 3,557,892 989,407
6-12 Building Support Behavior Program 3.75 3.75 164,463 166,520 2,057
Elementary Behavior Program 6.88 10.23 320,777 438,016 117,239
Secondary Behavior Program 10.48 11.30 551,110 577,705 26,595
Health Services 12.40 12.40 794,126 826,837 32,711
Social Workers 4.00 4.00 288,355 287,611 (744)
Counseling Services 62.95 62.48 3,719,026 3,881,929 162,903
Transportation Services 0.50 0.50 2,313,714 1,431,084 (882,630)
Athletics 2.00 2.00 1,959,578 1,940,608 (18,970)
Total School-Based Programs 163.06 182.71 16,264,205$ 16,890,992$ 626,787$
Created 2/16/15 1:20 PM
Printed 7/8/2015 12:00 PM Exhibit 4
FY16 PROPOSED GENERAL FUND
BY PROGRAM
(Recommended Levels)
FTE FTE Budget Budget Increase/
BUDGET DATA FY15 FY16 FY15 FY16 (Decrease)
District-Coordinated Services
Curriculum Services 7.00 7.00 1,724,806$ 3,004,469$ 1,279,663$
Staff Development 12.90 11.90 1,270,955 1,203,952 (67,003)
Library/Technical Services 2.25 2.25 298,937 299,618 681
Student Assessment 1.75 1.75 239,414 228,942 (10,472)
Information Services 24.25 25.25 2,236,678 2,345,632 108,954
Human Resources 11.00 11.00 1,005,912 1,026,712 20,800
Superintendent's Office 2.00 2.00 339,606 340,466 860
Community Rel/Community Ed 3.55 3.55 283,725 285,786 2,061
Finance Office 16.70 17.70 1,417,357 1,467,245 49,888
School Board Svc/Election Svc - - 134,125 196,529 62,404
Operational Services 208.59 207.24 17,118,256 16,902,028 (216,228)
Committed Funds 3.00 10.00 323,010 1,446,838 1,123,828
Total District-Coordinated Prog. 292.99 299.64 26,392,781$ 28,748,217$ 2,355,436$
Total Unrestricted General Fund 1,848.77 1,879.08 133,794,999$ 137,678,793$ 3,883,794$
FTE FTE Budget Budget Increase/
BUDGET DATA FY15 FY16 FY15 FY16 (Decrease)
Tournaments - - 121,301$ 211,642$ 90,341$
Head Start 11.41 12.11 2,321,859 2,351,562 29,703
Indian Education (Federal Only) 2.98 2.98 258,193 250,918 (7,275)
Indian Education (Johnson O'Malley) - - - 20,000 20,000
Carl Perkins 1.50 1.50 254,440 299,743 45,303
Title I -- Regular 64.36 59.76 4,880,650 4,803,128 (77,522)
Title I -- Neglected & Delinquent 6.80 6.80 435,246 435,246 -
Title I -- McKinney Homeless 0.62 0.62 85,500 87,533 2,033
Title I -- Set Aside 1.62 2.44 153,581 172,951 19,370
Title I -- School Improvement 0.25 1.46 146,309 182,205 35,896
Title II -- Part A, Improving Teacher Quality 13.20 13.95 1,054,322 1,055,486 1,164
Title III - Language Instruction 6.00 6.60 408,399 524,800 116,401
Refugee Impact Grant 2.25 1.50 110,992 74,025 (36,967)
Migrant Education 3.00 3.00 302,000 353,137 51,137
Starbase - - 2,000 2,000 -
Indirect Costs 2.60 2.60 246,662 246,673 11
Total Restricted General Fund 116.59 115.32 10,781,454$ 11,071,049$ 289,595$
Total General Fund 1,965.36 1,994.40 144,576,453$ 148,749,842$ 4,173,389$
Created 2/16/15 1:20 PM
Printed 7/8/2015 12:00 PM Exhibit 4
Budgeted Projected Projected Projected Projected Projected
FY15 FY16 FY17 FY18 FY19 FY20
1 Prior Year Regular Revenues 131,894,724 137,090,821 142,869,010 148,824,177 154,766,940
2 Additional Regular Revenues 5,196,097 5,778,189 5,955,167 5,942,763 6,137,216
3 Total Regular Revenues 137,090,821 142,869,010 148,824,177 154,766,940 160,904,156
4 Prior Year Opt Out Revenues 7,500,000 6,220,000 4,940,000 4,940,000 6,220,000
5 Additional Opt Out Revenues (1,280,000) (1,280,000) 0 1,280,000 1,280,000
6 Total Opt Out Revenues 6,220,000 4,940,000 4,940,000 6,220,000 7,500,000
7 Total Revenues Budgeted 139,394,724 143,310,821 147,809,010 153,764,177 160,986,940 168,404,156
8 Prior Year Expenditures 144,576,453 148,695,328 149,683,519 155,161,578 158,609,895
9 Increase in Salary 1,915,387 1,436,916 1,704,782 2,129,657 2,181,916
10 Increase in Benefits 1,319,237 786,623 900,728 1,029,101 1,076,087
11 Increase in Non-Salary 884,251 (1,235,348) 2,872,549 289,559 2,078,700
12 Program Salary Increases/(Cuts) 0 0 0 0 0
13 Program Benefits Increases/(Cuts) 0 0 0 0 0
14 Program Other Increases/(Cuts) 0 0 0 0 0
15 Total Program Increases 0 0 0 0 0
16 Total Expenditures 144,576,453 148,695,328 149,683,519 155,161,578 158,609,895 163,946,598
17 Budgeted Use of Fund Balance (5,181,729) (5,384,507) (1,874,509) (1,397,401) 2,377,045 4,457,558
18 Adjustment for Current Year Projection 450,000
19 Fund Balance Increase/(Decrease) (4,731,729)
20 Unreserved FB 6/30 of Budget Year 19,460,996 14,076,489 12,201,979 10,804,578 13,181,623 17,639,182
21 FB as a Percent of Prior Year Expds. 13.5% 9.5% 8.2% 7.0% 8.3% 10.8%
22 Per Pupil Formula Revenue 4,781 4,877 5,023 5,174 5,329 5,519
23 Per Pupil Other Revenue 981 996 994 993 994 966
24 Per Pupil Total Reg. Revenue 5,762 5,873 6,017 6,167 6,323 6,485
25 Per Pupil Opt-Out Revenue 329 267 209 205 255 303
26 Total Per Pupil Revenue 6,088 6,141 6,226 6,372 6,578 6,789
27 Total Per Pupil Rev. Over/(Under) Expds. (226) (231) (79) (58) 97 180
442
28 Fall Enrollment 22,896 23,338 23,740 24,130 24,472 24,807
29 Cost of Text Book Adoption 652,655 2,179,600 1,732,474 4,102,351 1,178,053 2,605,861
30 State Aid Index Factor 3.36% 2.0% 3.0% 3.0% 3.0% 3.0%
31 Other Discretionary Revenue Increase 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
32 District Salary Increase 3.36% 2.00% 3.00% 3.00% 3.00% 3.00%
33 Medical Benefits Increase 5.0% 2.3% 5.0% 5.0% 5.0% 5.0%
34 Inflation for PS, Supplies, & Dues. 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%
35 Increase in Valuation 4.9% 4.5% 4.4% 4.3% 4.2% 4.1%
36 Calendar Year Opt-Out Amount* 7,500,000 4,940,000 4,940,000 4,940,000 7,500,000 7,500,000
37 Owner Occupied Opt-Out Levy 0.53 0.34 0.33 0.32 0.47 0.45
38 Commercial Opt-Out Levy 1.14 0.73 0.70 0.68 1.00 0.97
Efficiency Factor
Annual Effect 1,652,386 1,123,642 1,131,110 779,706 397,519 410,894
Compounded Effect per Year 1,652,386 2,825,451 4,041,071 4,941,646 5,486,970 6,061,980
Fund Balance wihout Efficiency Factor 12.2% 6.3% 3.4% 1.1% 1.6% 3.2%
4/9/2015 Exhibit 5
FY16 PROPOSED BUDGET
SPECIAL EDUCATION FUNDREVENUES
FTE FTE Budget Budget Increase/
Source FY15 FY16 FY15 FY16 (Decrease)
Property Taxes 11,955,848$ 11,984,047$ 28,199$
State Revenue 15,111,848 16,736,166 1,624,318
Federal Revenue 5,166,000 5,166,000 -
Other Local Sources 928,000 917,000 (11,000)
Cash from Fund Balance 2,350,323 2,649,913 299,590
Total Revenue 35,512,019$ 37,453,126$ 1,941,107$
EXPENDITURES
FTE FTE Budget Budget Increase/
Program FY15 FY16 FY15 FY16 (Decrease)
Early Childhood 21.35 20.85 1,977,705$ 1,953,434$ (24,271)$
Early Childhood Screen/Evaluation 3.48 3.48 232,897 225,500 (7,397)
Early Intervening Services - Federal 11.50 11.50 804,980 786,553 (18,427)
Early Intervening Services - State/Local 9.31 10.48 645,183 735,893 90,710
Elementary Special Education 183.05 195.91 7,388,075 7,753,815 365,740
Elementary Behavior Program 23.24 27.34 913,558 1,244,350 330,792
Middle School Special Education 80.36 90.05 3,391,851 3,745,822 353,971
High School Special Education 88.46 94.06 3,836,156 3,933,964 97,808
K-12 Building Support Behavior Program 16.33 18.71 760,882 896,629 135,747
Secondary Behavior Program 29.67 29.19 1,536,407 1,509,087 (27,320)
Community Campus 12.29 12.29 707,446 717,345 9,899
Speech Therapy 26.70 28.70 1,803,778 1,853,538 49,760
Services to Visually Impaired 2.00 2.00 120,125 119,175 (950)
Services to Hearing Impaired 10.50 10.50 534,856 543,342 8,486
Occupational/Physical Therapy 17.30 17.30 1,574,428 1,597,024 22,596
Psychological Services 8.85 10.85 768,451 912,169 143,718
Penitentiary Program 0.50 0.50 46,494 47,242 748
Out of District Placements - - 1,722,320 1,872,320 150,000
Adaptive Physical Education 4.10 4.10 257,865 250,380 (7,485)
Extended Year Program - - 245,376 248,248 2,872
Health Services 10.70 12.60 678,681 812,070 133,389
Staff Services 19.38 19.88 1,959,452 1,909,303 (50,149)
Transportation Services 0.50 0.50 1,981,716 2,022,900 41,184
Central Administration 14.50 15.00 1,324,337 1,363,170 38,833
Committed Funds - - 299,000 399,853 100,853
Total Special Education Fund 594.07 635.79 35,512,019$ 37,453,126$ 1,941,107$
Created: 2/16/15 1:20 PM
Printed: 7/8/2015 12:34 PM Exhibit 6
FY16 PROPOSED BUDGET
CAPITAL OUTLAY FUND
REVENUES
Increase/
Budget Budget (Decrease)
Source FY15 FY16 from Prior Year
Property Taxes 19,325,385$ 24,959,250$ 5,633,865$
Other Local Sources 124,368 153,659 29,291
State Sources - - -
Federal Sources 338,575 328,308 (10,267)
Total 19,788,328$ 25,441,217$ 5,652,889$
Cash from Fund Balance 1,112,854 - (1,112,854)
Total Revenues & Transfers 20,901,182$ 25,441,217$ 4,540,035$
EXPENDITURES
Increase/
Budget Budget (Decrease)
Use FY15 FY16 from Prior Year
Building & Land Acquisitions*** -$ -$ -$
Renovations and Maintenance 3,416,571 3,533,273 116,702
Site Improvements 1,637,238 2,236,565 599,327
Professional Services 240,100 84,000 (156,100)
Purchased Services* (Transportation) 398,052 1,280,000 881,948
Equipment**** 536,692 963,764 427,072
Library Books - - -
Technology 1,872,196 1,695,471 (176,725)
Building Allocations** 672,310 529,852 (142,458)
Vehicles 195,000 205,000 10,000
Principal 5,880,000 6,290,000 410,000
Interest 5,560,568 5,361,833 (198,735)
Dues and Fees 492,455 630,068 137,613
Total 20,901,182$ 22,809,826$ 2,760,478$
CIP Projects Fund Transfers - - -
Reserve Funds - 2,631,391 2,631,391 Total Expenditures and Reserves 20,901,182$ 25,441,217$ 5,391,869$
* 15% of the Bus Contract
** To be allocated to appropriate budget lines in final budget.
*** Land will be budgeted in a Reserve Fund
****CTE Equipment will be budgeted in a Reserve Fund
Created 2/16/15 1:20 PM
Revised 2/16/15 1:40 PM
Printed 7/8/2015 12:34 PM Exhibit 7
FY16 PROPOSED BUDGET
PENSION FUND
REVENUES
Increase/
Budget Budget (Decrease)
Source FY15 FY16 from Prior Year
Local Sources--Property Taxes 2,708,443$ 2,892,972$ 184,529$
Other Local Sources 20,000 15,000 (5,000)
Total 2,728,443$ 2,907,972$ 179,529$
EXPENDITURES
Increase/
Budget Budget (Decrease)
Use FY15 FY16 from Prior Year
Early Retirement Benefits 1,878,443$ 1,761,856$ (116,587)$
South Dakota Retirement System 850,000 1,146,116 296,116
Total 2,728,443$ 2,907,972$ 179,529$
Created: 2/16/15 1:20 PM
Revised: 2/16/15 2:00 PM
Printed: 7/8/2015 12:35 PM Exhibit 8
FY16 PROPOSED BUDGET
BOND REDEMPTION FUND
REVENUES
Budget Budget Increase/
Source FY15 FY16 (Decrease)
Property Tax 2,914,524$ 1,457,096$ (1,457,428)$
Other Local Sources 20,000 10,000 (10,000)
Cash from Fund Balance - 1,396,629 1,396,629
Total 2,934,524$ 2,863,725$ (70,799)$
EXPENDITURES
Budget Budget Increase/
Use FY15 FY16 (Decrease)
Debt Service 2,863,575$ 2,853,725$ (9,850)$
Dues and Fees 10,000 10,000 -
Total 2,873,575$ 2,863,725$ (9,850)$
Created 2/16/15 1:20 PM
Revised 2/16/15 1:25 PM
Printed 7/8/2015 12:34 PM Exhibit 9
History of Property Tax Levies Since 2000
Payable Payable Payable Payable Payable Payable Payable Payable Payable Payable Payable*
Assessments: 2000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
District Assessment Total 4,689,173,198 7,682,672,112 8,256,358,417 8,687,207,193 8,932,536,216 9,048,211,420 8,968,201,347 8,833,377,209 8,991,407,688 9,389,693,279 9,812,229,477
% Increase from prior year 8.14% 8.05% 7.47% 5.22% 2.82% 1.29% -0.88% -1.50% 1.79% 4.43% 4.50%
Payable Payable Payable Payable Payable Payable Payable Payable Payable Payable Payable
Taxes: 2000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Mil Rates:(Per $1000 of valuation)
General Fund Agricultural 4.73 3.22 2.86 2.75 2.71 2.69 2.78 2.66 2.37 2.02 1.72
General Fund Owner Occupied 7.62 5.06 4.50 4.32 4.26 4.18 4.62 4.61 4.86 4.82 4.46 General Fund Commercial 16.21 10.84 9.66 9.25 9.13 8.96 9.87 9.88 10.41 10.32 9.55 Special Education Fund 1.40 1.40 1.20 1.20 1.20 1.20 1.20 1.20 1.35 1.29 1.21 Capital Outlay Fund 2.07 2.28 2.48 2.37 2.41 2.41 2.07 2.09 2.09 2.16 3.00 Bond Fund 0.65 0.30 0.21 0.32 0.29 0.28 0.29 0.28 0.33 0.31 0.00 Pension Fund 0.00 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30
Total Agricultural 8.85 7.50 7.05 6.94 6.91 6.89 6.64 6.53 6.44 6.08 6.23
Total Owner Occupied 11.74 9.34 8.69 8.51 8.46 8.37 8.48 8.48 8.94 8.88 8.97 Total Commercial 20.27 15.12 13.85 13.44 13.33 13.15 13.73 13.75 14.49 14.38 14.10
Payable Payable Payable Payable Payable Payable Payable Payable Payable Payable Payable
2000 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Assessed Value 98,516 136,093 141,565 143,615 145,665 145,665 137,729 137,729 137,729 139,054 140,392 - Taxable Value 93,394 122,075 125,144 129,110 130,516 131,535 121,890 122,235 122,579 126,122 127,335School Taxes 1,097 1,140 1,088 1,099 1,105 1,101 1,034 1,037 1,095 1,120 1,142 - % Increase Over Prior Year -0.9% -4.6% 1.0% 0.5% -0.3% -6.1% 0.3% 5.7% 2.2% 2.0%
Average Annual Increase: 0.32%
FY98 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14
Total Paid 438,348,560 607,436,346 660,042,811 691,218,595 733,797,079 740,503,025 722,422,016 786,303,271 838,239,997 872,212,501 924,027,908
Estimated Population 743,500 783,967 789,926 795,929 801,978 808,073 814,180 820,580 827,053 833,603 840,233Per Capita Sales Tax 590 775 836 868 915 916 887 958 1,014 1,046 1,100 - % Increase Over Prior Year 5.0% 7.8% 3.9% 5.4% 0.2% -3.2% 8.0% 5.8% 3.2% 5.1%Average Annual Increase: 4.0%
* Estimated
Comparable History of State Sales, Use, & Contractors' Excise Tax (most recent years available)
Effect on a $98,516 House Assessed Valuation in 2000
Exhibit 10
FY16 PROPOSED BUDGET
CAPITAL PROJECTS FUNDS
REVENUES
Increase/
Budget Budget (Decrease)
Source FY15 FY16 from Prior Year
Transfer In from Capital Outlay Fund -$ -$ -$
Transfer from Capital Outlay Fund (to be restored) - - -
Total Transfers -$ -$ -$
Construction Fund Draw 20,711,877$ -$ (20,711,877)$
Cash from Fund Balance - 6,358,254 6,358,254
Total Revenue and Transfers 20,711,877$ 6,358,254$ (14,353,623)$
EXPENDITURES
Increase/
Budget Budget (Decrease)
Use FY15 FY16 from Prior Year
Professional Services 773,844$ 195,000$ (578,844)$
Furnishings and Equipment 495,713 294,767 (200,946)
Site Improvements (HWF Turf-Fieldhouse Lighting) 1,010,000 3,370,032 2,360,032
Technology (1:1 Initiative) - - -
Buildings 18,432,320 2,498,455 (15,933,865)
Total Expenditures 20,711,877$ 6,358,254$ (14,353,623)$
Transfer to Capital Outlay - - -
Total Expenditures and Transfers 20,711,877$ 6,358,254$ (14,353,623)$
REVENUES
Increase/
Budget Budget (Decrease)
Source FY15 FY16 from Prior Year
Scheduled Construction Fund Draw -$ -$ -$
Cash from Fund Balance 288,371 7,883,118 7,594,747
Total Revenue 288,371$ 7,883,118$ 7,594,747$
EXPENDITURES
Increase/
Budget Budget (Decrease)
Use FY15 FY16 from Prior Year
Professional Services -$ 100,000$ 100,000$
Furnishings and Equipment 238,471 463,050 224,579
Site Improvements - - -
Buildings 49,900 7,320,068 7,270,168
Total Expenditures 288,371$ 7,883,118$ 7,594,747$
Transfer to Capital Outlay - - -
Total Expenditures and Transfers 288,371$ 7,883,118$ 7,594,747$
Capital Projects Fund - Jefferson Elementary School
Capital Projects Fund - CIP Projects
Created: 2/16/15 1:20 PM
Printed: 7/8/2015 12:35 PM Exhibit 11
FY16 PROPOSED BUDGET
CAPITAL PROJECTS FUNDS
REVENUES
Increase/
Budget Budget (Decrease)
Source FY15 FY16 from Prior Year
Scheduled Construction Fund Draw 9,106,650$ -$ (9,106,650)$
Cash from Fund Balance 961,524$ 961,524
Interest - - -
Total Revenue 9,106,650$ 961,524$ (8,145,126)$
EXPENDITURES
Increase/
Budget Budget (Decrease)
Use FY15 FY16 from Prior Year
Professional Services 180,000$ 13,000$ (167,000)$
Furnishings and Equipment 55,125 98,398 43,273
Site Improvements - - -
Buildings 8,871,525.00 850,126 850,126
Total Expenditures 9,106,650$ 961,524$ 726,399$
Transfer to Capital Outlay - - -
Total Expenditures and Transfers 9,106,650$ 961,524$ 726,399$
Capital Projects Fund - Susan B. Anthony Elementary School
Created: 2/16/15 1:20 PM
Printed: 7/8/2015 12:35 PM Exhibit 11
FY16 PROPOSED BUDGET
FOOD SERVICE FUND
REVENUES
Increase/
FTE FTE Budget Budget (Decrease)/
Source FY15 FY16 FY15 FY16 from Prior Year
Pupil Sales 4,116,000$ 4,129,245$ 13,245$
Adult Sales 101,160 84,121 (17,039)
Other State Revenue 85,000 45,000 (40,000)
Federal Reimbursement 5,811,547 5,698,876 (112,671)
Commodities 675,000 800,000 125,000
Other Local Sources 2,500 4,773 2,273
Cash from Fund Balance - 250,818 250,818
Transfer In - - -
Total 10,791,207$ 11,012,833$ 471,535$
EXPENDITURES
Increase/
FTE FTE Budget Budget (Decrease)/
Use FY15 FY16 FY15 FY16 from Prior Year
Administration 1.00 1.00 92,842$ 93,388$ 546$
Clerical 3.00 4.00 76,087 115,000 38,913
Custodial 10.91 10.76 394,920 398,194 3,274
Specialists 3.00 3.00 141,985 139,776 (2,209)
Child Nutrition Workers 96.11 96.11 2,049,818 2,091,752 41,934
Education Assistants 43.88 43.88 732,966 771,963 38,997
Classified Other Hourly - - 7,500 10,000 2,500
Other Temporary Pay - - 86,425 82,513 (3,912)
Overtime - - 8,500 8,257 (243)
Benefits - - 1,161,763 1,140,001 (21,762)
Purchased Services - - 390,607 370,452 (20,155)
Supplies and Materials - - 4,980,703 5,293,808 313,105
Dues and Fees - - 68,000 80,500 12,500
Equipment - - 160,000 170,000 10,000
Technology - - 25,000 80,000 55,000
Facility - - 80,000 80,000 -
Total Expenditures Before Depreciation 157.90 158.75 10,457,116$ 10,925,604$ 468,488$
Non-Cash Depreciation Expense - - 396,021 417,229 21,208
Less Cash for Equipment & Technology - - 265,000 330,000 65,000
Total Food Service Fund - - 10,588,137$ 11,012,833$ 424,696$
Revised 2/16/15 1:20 PM
Printed 7/8/2015 12:35 PM Exhibit 12
FY16 PROPOSED BUDGET
ENTERPRISE FUNDS
Increase/
FTE FTE Budget Budget (Decrease)
BUDGET DATA FY15 FY16 FY15 FY16 from Prior Year
Administrative Staff 0.50 0.50 60,567$ 62,486$ 1,919$
Teachers - - - - -
Specialists 1.00 1.00 40,612 42,115 1,503
Employment Contract Staff - - - - -
Executive Assistants - - - - -
Clerical Staff - - - - -
Education Assistants - - - - -
Custodial/Maintenance Staff - - - - -
Substitute Teachers - - - - -
Teacher Extra Pay (Point System) - - - - -
Teacher Other Hourly - - - - -
Classified Other Hourly - - - - -
Other Temporary Pay - - - - -
Overtime - - 1,000 1,000 -
Benefits - - 28,190 28,409 219
Purchased Services - - 679,009 664,783 (14,226)
Supplies & Materials - - 55,000 55,000 -
Dues & Fees - - - - -
Total 1.50 1.50 864,378$ 853,793$ (10,585)$
Capital Equipment - - - - -
Total Expenditures 1.50 1.50 864,378$ 853,793$ (10,585)$
Revenues - - 871,857 863,650 (8,207)
Revenues over Expenditures 1.50 1.50 7,479$ 9,857$ 2,378$
Increase/
FTE FTE Budget Budget (Decrease)
BUDGET DATA FY15 FY16 FY15 FY16 from Prior Year
Supplies and Materials -$ -$ -$
Purchased Services 986 986 -
Dues and Fees - - -
Depreciation 1,452 1,452 -
Total Expenditures - - 2,438$ 2,438$ -$
Projected Revenues - - -
Revenue over Expenditures - - (2,438)$ (2,438)$ -$
Reprographics Center
Carpentry House
Revised 2/16/15 1:20 PM
Printed 7/8/2015 12:36 PM Exhibit 13
FY16 PROPOSED BUDGET
ENTERPRISE FUNDS
Increase/
FTE FTE Budget Budget (Decrease)
BUDGET DATA FY15 FY16 FY14 FY16 from Prior Year
Administrative Staff 0.70 0.70 69,210 74,091$ 4,881
Teachers 31.20 31.20 1,424,887 1,478,478 53,591
Specialists 7.65 7.40 180,967 278,595 97,628
Employment Contract Staff 20.55 22.10 552,115 611,667 59,552
Executive Assistants - - - - -
Clerical Staff 0.25 0.25 17,502 8,582 (8,920)
Education Assistants 30.00 30.00 550,621 534,551 (16,070)
Custodial/Maintenance Staff - - - - -
Substitute Teachers - - 22,820 21,050 (1,770)
Teacher Extra Pay (Point System) - - - - -
Teacher Other Hourly - - 130,579 101,254 (29,325)
Classified Other Hourly - - 2,200 4,800 2,600
Other Temporary Pay - - 799,701 1,311,577 511,876
Overtime - - - - -
Benefits - - 732,639 825,081 92,442
Purchased Services - - 338,053 557,862 219,809
Supplies & Materials - - 398,601 366,193 (32,408)
Dues & Fees - - 11,350 13,500 2,150
Depreciation - - - 10,000 10,000
Total 90.35 91.65 5,231,245$ 6,197,281$ 966,036$
Revenues - - 5,114,684 5,660,003 772,750
Revenue over Expenditures 90.35 91.65 (116,561)$ (537,278)$ (193,286)$
Total Enterprise Funds 91.85 93.15 6,098,061$ 7,053,512$ 955,451$
Community Education/Kid's Inc.
Revised 2/16/15 1:20 PM
Printed 7/8/2015 12:36 PM Exhibit 13
FY16 PROPOSED BUDGET
INSURANCE TRUST FUND
REVENUES
Increase/
Budget Budget (Decrease)
Source FY15 FY16 from Prior Year
Premium Payments 29,440,634$ 30,161,673$ 721,039$
Interest and Other Revenue 120,000 25,000 (95,000)
Total Revenue 29,560,634$ 30,186,673$ 626,039$
Cash from Fund Balance 341,731 418,076 76,345
Total Revenue and Cash 29,902,365$ 30,604,749$ 702,384$
EXPENDITURES
Increase/
Budget Budget (Decrease)
Use FY15 FY16 from Prior Year
Claims Payment 26,493,951$ 27,344,552$ 850,601$
Administrative Costs 3,408,414 3,260,197 (148,217)
Total 29,902,365$ 30,604,749$ 702,384$
Revised 2/16/15 1:20 PM
Printed 7/8/2015 12:36 PM Exhibit 14