West Clermont Local Schools

Board of EducationSeptember 23, 2014

2014-15 Appropriations

• Total appropriations - $83,741,976

• All appropriations within Amended Certificate of Estimated Resources

• General Fund appropriations < estimated revenues for FY15

Fund Class/Name Fund Number Total Appropriation

General 001 $64,703,720Total General Fund 64,703,720 77.27%

Special Trust 007 4,704Mental Health Grant 015 1,051Public School Support 018 427,233Other Grant 019 25,000Auxiliary Services 401 755,000Entry Year 440 300Data Communications Fund 451 21,600Misc. State Grant 499 30,636Resident Educator 506 1,257Title VI-B 516 2,008,730Vocational Education 524 18,000Limited English Proficiency 551 21,832Title I 572 1,532,103Handicapped Preschool 587 77,386Title II-A 590 260,173Total Grant Funds 5,185,005 6.19%

Bond Retirement 002 2,894,175Total Debt Service Funds 2,894,175 3.46%

Permanent Improvement 003 7,334,012Building 004 0Total Capital Project Funds 7,334,012 8.76%

Food Service 006 2,457,476 2.93%

Student Managed Activity 200 181,548District Managed Activity 300 447,398Uniform School Supplies 009 538,642

1,167,588 1.39%

Total All Funds $83,741,976 100.00%

Salaries

Actual Actual Projected2013 2014 2015

Salaries $33,137,387 $30,874,985 $31,755,706% Change from previous year -3.26% -6.83% 2.85%

FTE 572.64 566.25 587.24

Salaries

Specials “Lite” return Grant funds utilized Vacant positions filled School hours change Contractual increase – 0% No experience steps Minimal training increases

Benefits

2014

Retirement $4,926,765Health Insurance 7,356,297Dental Insurance 439,945Worker's Comp. Charge 198,312Worker's Comp. Rebate (167,676)Medicare 422,643Life Insurance 51,270

Total $13,227,556

Benefits – FY14 vs. FY13

• 5.8% Decrease – 8.8% Decrease Retirement– <1% Increase Health Insurance– Slight Decrease Dental Insurance– No Unemployment Cost, FY13 - $20,318

Benefits – FY15

• 21% of Appropriations ($13,580,302)• 2.7% Increase

– Increase to Salary– Decrease Health Insurance Premiums– No change Dental and Life Insurance Premiums– Workers Comp. Rebate $153,000

Contractual Services

2014

Transportation $4,822,868Special Education Contracts 3,722,018Tuition:

Other Districts 553,139Post-Secondary 251,481Scholarship Deduction 258,599Open Enrollment 2,786,201Community Schools 2,091,859

Student Services/Acctg. Software 208,199Building Maintenance 318,744Instructional/Curriculum Services 190,561Utilities 1,327,949Legal Fees 99,016Substitute Agreement 361,751Medicaid Reimbursement (559,130)Other 179,321

Total $16,612,576

Contractual Services – FY14 vs. FY13

• 8% increase – 2% Increase in Transportation Contract Rate– 13% Special Education Contracts– 42% Increase in Open Enrollment – Slight Decrease in Utilities– One time $473,842 Medicaid Settlement

Contractual Services – FY15

• 27% of Appropriations ($17,638,981)• 6% Increase

– Increase in Transportation Service– 2% Increase in Transportation Contract Rate– Special Education Contracts– Open enrollment counts leveling– $473,842 Medicaid Settlement

Supplies

2014Fuel $361,155

Excise tax reimbursement ($32,770)Classroom Supplies 23,167Technology/Offi ce Supplies 35,971Maintenance/Custodial 140,790Library Books/Materials 24,878Other 7,245

Total $560,436

Supplies – FY14 vs. FY13

• 14% Decrease – Timing of Fuel payments and Excise Tax

Reimbursement, $60,390 (9%)– 71% Decrease in Library books/materials -

$62,779

Supplies – FY15

• 1% of Appropriations ($633,692)• 13% Increase - FY14, 3% Decrease - FY13

– Timing of Fuel Payments– Reduction of Classroom/Library Supplies

Other

2014Aud/Treas Fees $645,598County ESC Deduction 51,902Property/Liability Insurance 139,669Extracurricular Transfer 166,803Library Equipment 20,353Other 58,237

Total $1,082,562

Other – FY14 vs. FY13

• 9% Decrease – Decrease of $126,193 County ESC Deduction

Other – FY15

• 2% of Appropriations ($1,095,039)• 1% Inflationary Increase

General Fund

Permanent Improvement Fund

2014Equipment, Services, Supplies

Technology $2,669,873Maintenance 1,351,983Other 91,441

Compensation 608,430Textbooks 316,831OASBO Leases 112,682

Total $5,151,240

Permanent Improvement Fund

• FY 15 Appropriations - $7,334,012 – 8.76%

• OASBO Lease Payment - $2.8 million

Debt Service Fund 14/15 Appropriations- $2,894,175

• 1995 Refunded Debt– $15,810,000 issued, $3,900,000 outstanding– $947,267 paid in 13/14– Maturity 12/01/2019

• 2008 Debt– $30,000,000 issued, $26,505,000 outstanding– $1,932,298 paid in 13/14– Maturity 12/01/2036

Food Service Fund

Salaries $990,281 44.91%Benefits 349,224 15.84%Contractual Services 128,051 5.81%Materials & Supplies 732,514 33.22%Capital Outlay 4,617 0.21%Other 127 0.01%

Total $2,204,814

Grants Funds

Salaries $2,856,665 66.92%Benefits 509,473 11.93%Contractual Services 462,200 10.83%Materials & Supplies 224,148 5.25%Capital Outlay 156,452 3.67%Other 59,827 1.40%

Total $4,268,765

Student Activities/Fees Funds

2014Salaries $401,020 26.75%Benefits 54,371 3.63%Contractual Services 199,095 13.29%Materials & Supplies 722,504 48.21%Fee Collection (481,170) Capital Outlay 75,611 5.05%Other 45,943 3.07%

Total $1,017,374

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