Annual Budget - BoardDocs...• Phase II – Conceptual Budget Plan (Tentative Budget) (March 2018...

Natrona County School District No. 1 970 N. Glenn Rd.

Casper, WY 82601 NCSD #1 Annual Budget for Fiscal Year 2018-19 Page 0

Annual Budget Fiscal Year 2018-19

Adopted July 11, 2018

Board Chair Signature

NCSD #1 Annual Budget for Fiscal Year 2018-19 Page 1

Table of Contents Recommendation to Adopt the FY19 Annual Budget .................................................................................................... 3

Board of Trustees ......................................................................................................................................................... 4

Mission and Values ...................................................................................................................................................... 5

Strategic Plan 2014-2019 ............................................................................................................................................. 6

Schools and Projected Enrollment ................................................................................................................................ 7

Budget Message .............................................................................................................................................................. 8

Fiscal Year 2018-19 Budget Approach........................................................................................................................... 8

Budget Development Process ....................................................................................................................................... 9

Budget Development Activities ................................................................................................................................ 9

FY19 Budget Development Timeline .......................................................................................................................10

FY19 Budget Development Calendar .......................................................................................................................10

State Funding Changes for FY19 ..................................................................................................................................11

Student Average Daily Membership ............................................................................................................................12

Significant Budget Changes and Remarks ....................................................................................................................13

Budget Appropriation and Levy Resolution for 2018-19...............................................................................................14

FY19 Budget Summary – All Funds ..............................................................................................................................15

General Fund ..................................................................................................................................................................16

General Fund Revenue ................................................................................................................................................16

State Revenue ........................................................................................................................................................16

Local Revenue ........................................................................................................................................................17

Assessed Property Valuation Analysis .....................................................................................................................18

General Fund Revenue Analysis...................................................................................................................................19

General Fund Revenue Projections ..............................................................................................................................21

FY19 General Fund Revenue by Source........................................................................................................................22

General Fund Expenditures Analysis ............................................................................................................................23

FY19 Budget Appropriations ........................................................................................................................................24

General Fund Budget – Summary ................................................................................................................................25

General Fund Budget – Revenue by Source .................................................................................................................26


General Fund Budget – Expenditures, Transfers, and Reserves ....................................................................................27

General Fund Budget – Board Contingency and Priority ..............................................................................................29

Special Revenue Funds ....................................................................................................................................................30

Federal Program Grants ..............................................................................................................................................30

State Program Grants ..................................................................................................................................................30

Recreational Mill Levy .................................................................................................................................................31

State Major Maintenance Grant ..................................................................................................................................31

Special Revenue Funds – Budget Summary..................................................................................................................32

Capital Projects Fund ......................................................................................................................................................33

Capital Projects Fund – Budget Summary ....................................................................................................................34

FY19 Schedule of Capital Projects ................................................................................................................................35

Food Service Fund ...........................................................................................................................................................36

Revenue Analysis ........................................................................................................................................................36

Expenditures Analysis..................................................................................................................................................37

Summary Analysis .......................................................................................................................................................38

Food Service Fund – Budget Summary.........................................................................................................................39

Central Administration ................................................................................................................................................40

Budget Contact Information ........................................................................................................................................40


Recommendation to Adopt the FY19 Annual Budget TO: NCSD Board of Trustees FROM: NCSD Board Budget Committee DATE: July 11, 2018 RECOMMENDATION: We recommend the Board of Trustees adopt the proposed Fiscal Year 2018-19 Annual Budget. RATIONALE: Development of the budget for Fiscal Year 2018-19 has been accomplished through the budget process established by the Board of Trustees. As required by Wyoming State Statute, a Public Hearing will be held July 11, 2018 at 7:30 p.m., concerning the budget. The hearing will be held in the Board Room at 970 North Glenn Road, Casper, Wyoming. Following the hearing, we will recommend that the budget resolution, along with the revenue and expenditure plans presented in the budget, be approved. The Board of Trustees oversees the annual budget development process through the Board Budget Committee. The FY19 budget development process began in September 2017 and was accomplished in four phases:

• Phase I - Preparation (September 2017- April 2018) – During this phase the BBC and staff prepare for the development of the Conceptual Budget Plan. This includes monitoring state action that will impact funding and analysis of district plans with budgetary impact.

• Phase II – Conceptual Budget Plan (Tentative Budget) (March 2018 – May 2018) - During this phase Conceptual Budget Plan is developed, reviewed and revised by the BBC. The plan will include a three-year budget reduction component.

• Phase III – Implementation (May 2018 – June 2018) - During this phase the Conceptual Budget Plan is implemented resulting in a detail budget for the next fiscal year.

• Phase IV – Adoption (June 2018 – July 2018) - During this phase the final draft of the fiscal budget is reviewed, revised and adopted.

The FY19 budget has been developed in alignment to the following priorities:

• Maintain a focus on student learning and the District’s strategic goals, funding essential functions and services • Create budget reduction strategies through a comprehensive study of the District budget • Reduce positions through attrition and reassignment • Achieve operational efficiencies that create opportunities for budget reductions • Maintain a competitive compensation package • Maintain the improved District facilities – prioritize funding to avoid the effects of deferred maintenance • Complete construction projects within the budgets and funding available

The development process was designed to consider the following major components:

• Action of the Wyoming State Legislature – 2017 and 2018 Sessions • Revenue Projections for Fiscal Year 2018-19 • Student Enrollment for Fiscal Year 2018-19 • Staffing for Fiscal Year 2018-19 • Budget Reduction Strategies • Compact Issues Committee – Compensation/Salary & Benefits • School & Division Budget Allocations • District Budgets • Grants and Operations Other than General Fund


Board of Trustees

Rita Walsh

Chair

Dana Howie Vice Chair

Toni Billings

Kevin

Christopherson Clerk

Dave Applegate

Angela Coleman

Raymond Catellier

Treasurer

Clark Jensen

Debbie McCullar


Mission and Values

Mission Statement

The Natrona County School District empowers every learner to grow, excel and be successful contributors to the local/global community.

Values

Transparency Excellence

Joy Responsible Risk-Taking

Considerate, Meaningful Communication Collaboration

Integrity Diversity

Mutual Trust Fairness


Strategic Plan 2014-2019 Student Growth and High Academic Achievement

• By 2019, NCSD will increase the four-year graduation rate to 85%. NCSD graduates will be prepared for college or a high-skills career as measured by the NCSD graduate profile. Strategies

o Deploy a system of common assessments that support school improvement plans. o Build and cultivate environments that foster 21st Century Learning. o Implement Academy Based Learning approaches and principles.

• By 2019, NCSD will increase the percentage of students in grades 3, 5, and 8 reading at or above grade level to 85% as measured by the NWEA reading assessment. Strategies:

o Deploy a system of common assessments that support school improvement plans. o Engage students in learning aligned to Language Arts State Standards. o Partner with parents and community to strengthen literacy skills.

• By 2019, all NCSD schools will meet or exceed school-level performance expectations as defined in the Wyoming School Accountability model. Strategies:

o Deploy a system of common assessments that support school improvement plans. o Engage students in learning aligned to Wyoming’s content-area standards.

Safe & Healthy Environments and Efficient & Effective Operations

• By 2019, NCSD will achieve an overall stakeholder satisfaction rating of 80% from annual climate surveys of students, parents, and staff. Strategies:

o Ensure environments are physically and mentally safe and healthy for everyone. o Improve efficiency and effectiveness of operations at all levels. o Recognize and celebrate student, parent, community and employee contributions. o Design and implement effective processes for all stakeholders that include providing information,

gathering input, sharing results and taking action based upon feedback.


Schools and Projected Enrollment

School Grade Level Served Head Principal Projected Enrollment FY19 Alcova Elementary K-5 Tammy Creger 3 Bar Nunn Elementary K-5 Angie Hayes 246 Cottonwood Elementary K-5 Valerie Brus 326 Crest Hill Elementary K-5 Nicole Rapp 335 Evansville Elementary K-5 Wayne Tuttle 294 Fort Caspar Academy K-5 Rick Edwards 435 Journey Elementary K-5 Coebie Taylor-Logan 358 Lincoln Elementary K-5 Phil Hubert 381 Manor Heights Elementary K-5 Dr. Kent Thompson 322 Oregon Trail Elementary K-5 Randall Harris 348 Paradise Valley Elementary K-5 Brett Thielbar 413 Park Elementary K-5 Vacant 348 Pineview Elementary K-5 Chris Carruth-Britt 328 Red Creek Elementary K-5 Tammy Creger 9 Sagewood Elementary K-5 Anna Lavin 319 Southridge Elementary K-5 Doug Smith 338 Summit Elementary K-5 Ted Theobald 452 Verda James Elementary K-5 Jodi Fraizer 441 Poison Spider K-8 Tammy Creger 174 Woods Learning Center K-8 Teacher Lead School 183 Midwest School K-12 Chris Tobin 145 Casper Classical Academy 6-8 Matt Teterud 418 Centennial Middle School 6-8 Brian Doner 802 CY Middle School 6-8 Valerie Braughton 775 Dean Morgan Middle School 6-8 Tyler Hartl 896 Kelly Walsh High School 9-12 Mike Britt 1,838 Natrona County High School 9-12 Shannon Harris 1,696 Roosevelt High School 9-12 Shawna Trujillo 192 Total Projected Enrollment 12,815


Budget Message The Natrona County School District #1(NCSD) is pleased to present to the Board of Trustees, the 2018-19 budget. The budget sets the financial framework for the district to meet its strategic goals. The district is required by state statute to adopt an annual budget that balances estimated expenditures with estimated funds available. The budget is required to be prepared on the cash basis of accounting, under which revenues are recognized when received and expenditures are recognized when paid. This budget has been prepared in accordance with these requirements.

Fiscal Year 2018-19 Budget Approach Since 2015, the State of Wyoming has been faced with a significant shortfall to K-12 education funding due to economic downturn. As a result, the State Legislature has begun to implement reductions in funding. In addition to reduced state funding, NCSD is in a period of declining enrollment, which results in a decrease in revenue. Over the past several years, NCSD has proactively taken steps towards reducing the operating budget to accommodate known and anticipated reduced funding. The plan has been to stay ahead of anticipated revenue reductions in an effort to lessen the impact on students, families and employees. To guide our efforts, the following priorities have been established:

1. Maintain a focus on student learning and the District’s strategic goals, funding essential functions and services 2. Create budget reduction strategies through a comprehensive study of the District budget 3. Reduce positions through attrition and reassignment 4. Achieve operational efficiencies that create opportunities for budget reductions 5. Maintain a competitive compensation package 6. Maintain the improved District facilities – prioritize funding to avoid the effects of deferred maintenance 7. Complete construction projects within the budgets and funding available

The FY19 Budget has been created in alignment with these priorities.


Budget Development Process The annual budget development process is governed by Board Policy 3100 which requires an open and inclusive process. This process is facilitated by the Board Budget Committee (BBC) which is made up of members of the Board of Trustees and employee and parent stakeholders. The annual budget development process contains 4 major phases.

• Phase I - Preparation (September 2017- April 2018) – During this phase the BBC and staff prepare for the development of the Conceptual Budget Plan. This includes monitoring state action that will impact funding and analysis of district plans with budgetary impact.

• Phase II – Conceptual Budget Plan (Tentative Budget) (March 2018 – May 2018) - During this phase Conceptual Budget Plan is developed, reviewed and revised by the BBC. The plan will include a three-year budget reduction component.

• Phase III – Implementation (May 2018 – June 2018) - During this phase the Conceptual Budget Plan is implemented resulting in a detail budget for the next fiscal year.

• Phase IV – Adoption (June 2018 – July 2018) - During this phase the final draft of the fiscal budget is reviewed, revised and adopted.

Budget Development Activities 1. Project and Monitor Student enrollment and average daily membership (ADM) 2. Revenue projections – Each year, the WDE releases a budget version of the Wyoming K-12 Funding Model which

includes any legislative modification and updates to the cost drivers of the model (i.e. health insurance rate increase). NCSD uses this budget version to project state revenue for the coming fiscal year.

3. Develop General Fund Personnel Budgets/Staffing Plan 4. Develop General Fund Non-Personnel Budgets

a. GF - School Allocations b. GF - Division Allocations c. GF - District Programs d. GF - District Budgets e. GF - Board Reserves and Priorities

5. Develop Budgets for Other Funds a. Special Revenue b. Capital Construction c. Food Service

6. Prepare Final Budget Document for Review and Adoption


FY19 Budget Development Timeline

FY19 Budget Development Calendar October 23, 2017 – Board Budget Development Committee Meeting December 11, 2017 – Board Budget Development Committee Meeting January 22, 2018 – Board Budget Development Committee Meeting February 12, 2018 – State of Wyoming Legislative Session February 26, 2018 – Board Budget Development Committee Meeting April 20, 2018 – FY19 Budget Version of the State Funding Model Released April 30, 2018 – Conceptual Budget Plan Presentation and Review May 4, 2018 – School and Department Budget Allocations Released June 1, 2018 – School and Department Budgets Returned to Central Office May 1 to June 15, 2018 – District and Board Budgets Prepared June 27, 2018 – Draft Budget Document Finalized June 28, 2018 – Draft FY19 Budget Presented and Reviewed July 11, 2018 – FY19 Budget Hearing and Adoption


State Funding Changes for FY19 The Wyoming State Legislature concluded the 2018 Budget Session having passed laws that affect K-12 school finance. Reductions were made in the following areas:

• Average Daily Membership (ADM) adjustment of the 3-year rolling average for declining ADM from the school level to the district level. This would result in a reduction in funding.

• Reduction to the funding level for groundskeepers in the model. • ADM and Groundskeeper reductions were spread over 3 years (⅓ reduction each year). • Limiting total statewide special education reimbursements for school years 2019-20 and 2020-21 to not exceed

the amount to be reimbursed in school year 2018-19. • Limiting transportation funding to the average of expenditures from FY’s 2013-14, 2014-15, & 2015-16. • Repealed student assessment funding ($25/student).

In addition, in continuation of laws passed during the 2017 General Session, funding for Instructional Facilitators will decrease by 50% for fiscal year 2019. Since the reductions were made to the funding model, the reductions to funding are ongoing. Estimated impact of the funding changes are profiled in the table below:

Projected Known Funding Reductions for FY19, FY20, FY21 Reduction Item FY19 FY20 FY21

50% IF reduction from 2017 legislation $ 1,205,875 $ 1,205,875 $ 1,205,875 Transportation Decrease 136,283 136,283 136,283 Assessment Funding Decrease 318,990 318,990 318,990 ADM Change/Groundskeeper Reduction 457,238 914,477 1,371,715 Total Reduction $ 2,118,386 $ 2,575,624 $ 3,032,863 *FY20 and FY21 are known reductions only. Future additional reductions are anticipated.

In addition to funding revisions, the legislature passed a bill that increases Wyoming Retirement contributions for both the employee and employer by 1% over 4 years (.25% per year). Employees will see the increased deduction from their paychecks beginning September 2018. The employer increase will be funded by the State via monthly reimbursement. The funding model itself was left unchanged. Therefore, NCSD still receives increased funding for health insurance increases. For FY19, NCSD will receive $16,763.93 per model driven FTE. Up from $15,105.07 in FY18. This generates about $1.8 million additional revenue for FY19. It’s important to note that the budget will realize a corresponding increase in health insurance expense that will offset the increase to revenue.


Student Average Daily Membership The State of Wyoming Funding Model is based primarily on Student Average Daily Membership (ADM). ADM is a measurement of student attendance. The mathematical calculation for ADM is described in the WDE’s Administrative Rules, Chapter 8. Increased ADM results in increased funding. Conversely, a decline in ADM results in decreased in state funding. NCSD continues to experience declining ADM and the decline is projected to continue.

12,005

12,538

12,679

12,859 12,827

12,789

12,664

12,574

12,484

12,000

12,250

12,500

12,750

13,000

2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19Projected

2019-20Projected

2020-21Projected

Average Daily Membership (ADM) Trend and Projections


Significant Budget Changes and Remarks Ongoing Reductions and One-Time Savings Reductions to funding due to state actions or declining enrollment are ongoing in nature. In other words, there is no expectation for the funding to return to the district in the near future. Therefore, reductions to district budgets must also be ongoing in nature. Due to proactive measures taken to reduce operating budgets in anticipation of reduced state funding, NCSD has been able to stay ahead of legislative funding reductions. Since NCSD started reducing expenses well in advance of the reduced state funding and continues to reduce in an ongoing capacity, savings have been realized in the current fiscal budget. These savings will be evident in a larger ending fund balance than historically seen. These savings will be budgeted in the Board Priority and Reserves Budget profiled for Board Contingencies. The budget savings are one-time dollars that may be used in a one-time capacity. Reductions in Positions Since 2015, over 100 positions have been eliminated. Theses vacancies were created through resignations and retirements and the district has been able to avoid involuntary reductions in force. Proactive diligence to review positions as they are vacated has allowed the district to remain ahead of funding reductions. In FY18, NCSD offered a one-time enhanced early retirement notification incentive to assist with the planning and reduction of positions through FY20. The knowledge of future retirements allows us to remain confident that we will achieve reduction goals as planned through FY20 in order to remain ahead of future funding reductions. School Closures In FY18, NCSD’s Board of Trustees elected to close 3 elementary schools and 1 middle school. The decision was made based on facility planning guidelines established in 2004, excess capacity, building conditions, and anticipated reduced state funding. NCSD anticipates an overall budget savings of approximately $2.5 million as a result of these closures. Increased School Security NCSD is committed to providing safe and secure learning environments for students. Included in the FY19 budget is funding for additional School Response Officers (SRO’s). Under the current agreement, the City of Casper provides 2 SRO’s, the enhanced agreement will increase that number to 6 officers. Health Insurance Increase In FY18, the State Employee Group Insurance premium rates increase by about 10.8%. For FY19, the budget for health insurance has been raised to accommodate this increased cost.


Budget Appropriation and Levy Resolution for 2018-19 Whereas, a summary of the budget was entered into the Board minutes, and notice of a public hearing on such budget, together with said summary was published in the Casper Star-Tribune, as a newspaper having general circulation in the county in which the district is located, on July 3, 2018; and Whereas, a public hearing was held concerning such budget on July 11, 2018 at 7:30 pm, at which time all interested parties were given an opportunity to be heard. NOW, THEREFORE, BE IT RESOLVED by the Board of Trustees of Natrona County School District No. 1 that such budget, as revised, if applicable, is hereby adopted and, subject to future amendment and transfer, is in effect for the fiscal year ending June 30, 2019. BE IT FURTHER RESOLVED that the following appropriations are made, as of and for the fiscal year ending June 30, 2019, and that those respective expenditures applicable to each fund shall be limited to the amounts hereby appropriated, subject to future amendment and transfer. Appropriations:

General Fund $ 216,985,851 Special Revenue Fund $ 32,288,920 Capital Projects Fund $ 19,067,996 Food Service Fund $ 6,563,337 Total Appropriations $ 274,906,104

BE IT FURTHER RESOLVED that after deducting all available cash and estimated revenues, the following amounts must be raised through general taxation, and that such levies as are required to provide such amounts are hereby authorized as of and for the fiscal year ending June 30, 2019. Amounts to be raised for the District:

General Fund $ 38,036,940 31.0 Mills BE IT FURTHER RESOLVED that the District will levy 12 additional mills for the Wyoming School Foundation Fund, .5 mill for the Natrona County BOCES and 1.0 mill for the Natrona County Recreation Board. The taxes from these levies go directly to the State of Wyoming, Natrona County BOCES and Natrona County Recreation Board, respectively.

Wyoming School Foundation $ 14,723,977 12.0 Mills Natrona County BOCES $ 613,499 .5 Mill Natrona County Recreation Board $ 1,226,998 1 Mill


FY19 Budget Summary – All Funds

Description General Fund Special Revenue Funds

Capital Projects Fund

Food Service Fund

Total All Funds

Beginning Fund Balance 25,057,521 9,458,541 15,527,996 992,354 51,036,412 Revenues Revenues - Local Sources 38,631,852 1,432,998 - 1,718,131 41,782,981 Revenues - County Sources 10,186,156 - - - 10,186,156 Revenues - State Sources 143,110,321 9,012,000 3,540,000 - 155,662,321 Revenues - Federal Sources - 12,385,381 - 2,852,852 15,238,233 Transfers from Other Funds - - - 1,000,000 1,000,000 Total Revenues 191,928,329 22,830,379 3,540,000 5,570,983 223,869,691 Total Funds Available 216,985,851 32,288,920 19,067,996 6,563,337 274,906,104 Appropriations Instructional Services 125,572,937 9,645,841 - - 135,218,778 Instructional Support Services 18,025,934 3,387,946 - - 21,413,880 General Support Services 49,504,801 512,206 - - 50,017,007 Major Maintenance Services 16,965,129 - - 16,965,129 Capital Constructions Services - 5,468,000 - 5,468,000 Recreation Board Services 1,777,798 - - 1,777,798 Food Operation Services - - 5,589,742 5,589,742 Transfer to Other Funds 1,000,000 - - - 1,000,000 Board Priority - Contingency 12,057,179 - - - 12,057,179 Budget Reserve 10,825,000 - 13,599,996 973,595 25,398,591 Total Appropriations 216,985,851 32,288,920 19,067,996 6,563,337 274,906,104


General Fund The general fund is the main operating fund of the district. It contains all of the financial resources of the district, except those required to be accounted for in another fund. The general fund budget must balance anticipated revenues with appropriations.

General Fund Revenue The General Fund receives revenue primarily from the State of Wyoming and Local property taxes.

State Revenue The State of Wyoming provides the largest source of revenue to the district through the Wyoming School Foundation Block Grant Model (Attachment A). This model was developed by the Wyoming Legislature and is periodically reviewed and revised through what’s referred to as recalibration. The model is an evidence-based or cost-based model. The model determines a guaranteed level of funding for each school district. The revenues collected locally are subtracted from the guarantee to establish the state provided foundation entitlement. If the district collects less than the estimated local taxes in a given fiscal year, the state will make up the difference in what’s called the Tax Shortfall Grant. If the district collects more than estimated, the difference is returned to the state through an adjustment to subsequent funding. The basic functioning of the model can be explained by the following chart provided by the Legislative Service Office:

In addition to the model-driven funding, the district is reimbursed for actual costs of employer-paid increases to the Wyoming Retirement System contribution rates.


Local Revenue The majority of local revenue received by the district is based on the assessed property values and levied taxes in the county. The school district is authorized by state statute to levy a 25 mill tax on the property within the boundaries of the school district and its share of a 6 mill tax on the properties in within the boundaries of the county. For Natrona County School district, the boundaries of the school district and the county are the same. NCSD receives the following types of local revenue that are counted as local resources in the block grant funding model:

• 25 Mill School District Levy: Revenue generated from 25 mill tax on properties within the boundaries of the school district.

• 6 Mill Countywide Levy: Revenue generated from 6 mill tax on property within the boundaries of the county. • Railroad Car Company Taxes: The district's share of railroad car company taxes, distributed in the same manner

as property taxes. • Motor Vehicle Taxes: Revenue generated from motor vehicle licensing and registration, distributed in the same

manner as property taxes. • Delinquent Tax Penalty and Interest: The district's share of interest and penalties on delinquent taxes, distributed

in the same manner as property taxes. • Taylor Grazing Act Funds: The district's share of Taylor Grazing Act funds. • Fines and Forfeitures: The district's share of fines and forfeitures.

NCSD also receives the following types of local revenue not counted as local resources for purposes of the funding model entitlement calculation:

• Interest Income • Indirect Costs – Cost of managing federal funds that may be reimbursed to General Fund as an expense to a grant. • Facility Rents – Community building usage fees and Employee Housing Rents • Private Donations • Student Fees or Summer School Tuition • Sale of Assets acquired prior to 1997


Assessed Property Valuation Analysis Property tax estimates are based on the assessed valuation for property in Natrona County. Below is an analysis of assessed valuations:

Year Assessed Valuation (AV) % Change

2007-08 $1,033,439,288 2008-09 $1,058,629,455 2.4% 2009-10 $1,287,932,426 17.8% 2010-11 $1,034,572,989 -24.5% 2011-12 $1,176,173,158 12.0% 2012-13 $1,250,008,047 5.9% 2013-14 $1,255,227,453 0.4% 2014-15 $1,411,882,916 11.1% 2015-16 $1,463,660,769 3.5% 2016-17 $1,186,782,851 -23.3% 2017-18 $1,202,075,451 1.3% 2018-19 Projected $1,226,998,080 2.0%

$500,000,000$600,000,000$700,000,000$800,000,000$900,000,000

$1,000,000,000$1,100,000,000$1,200,000,000$1,300,000,000$1,400,000,000$1,500,000,000

Natrona County Assessed Valuation (AV)


General Fund Revenue Analysis In 2017, the State funding model was modified to include the state categorical grant for Instructional Facilitators and the Wyoming Bridges (Summer School/Extended Day) in the block grant. The funding change was effective in FY18. This change increases the General Fund Revenue for FY18 as compared to previous fiscal years, where this funding was accounted for in the Special Revenue Fund. In addition, NCSD received a Tax Shortfall Grant in FY18 for approximately $2.1 million for a shortage of taxes collected in FY17. In addition, NCSD collected $1.3 million more in taxes than anticipated in FY18 (the excess tax collected will be recovered by the State of Wyoming as an adjustment to FY19 funding). The total effect of these factors appears as if NCSD received a $6 million increase in General Fund Revenue. In actuality, NCSD realized a loss in revenue of $4.5 million for FY18 after adjusting for taxes and the changes in IF and Wyoming Bridges Funding. The table and charts below illustrates this:

Revenue Type FY17 FY18 Change Instructional Facilitator Grant $ 3,133,477 $ - $ (3,133,477) Wyoming Bridges Grant $ 1,989,787 $ - $ (1,989,787) Total IF/Bridges Grants $ 5,123,264 $ - $ (5,123,264) State Revenue $ 145,049,753 $ 147,845,218 $ 2,795,465 Local Revenue $ 46,466,406 $ 49,755,215 $ 3,288,809 Total Actual GF Revenue $ 191,516,159 $ 197,600,433 $ 6,084,274 Including IF/Bridges Funds $ 196,639,424 $ 197,600,433 $ 961,009 Tax Shortfall (Received in FY18) $ 2,116,534 $ (2,116,534) $ (4,233,069) Tax Excess (Received in FY18) $ (1,306,730) $ (1,306,730) Total w/ Tax Correction $ 198,755,958 $ 194,177,168 $ (4,578,790)

FY17$191,516,159

FY17$196,639,424

FY17$198,755,958 FY18

$197,600,433 FY18

$197,600,433 FY18

$194,177,168

$180,000,000

$182,000,000

$184,000,000

$186,000,000

$188,000,000

$190,000,000

$192,000,000

$194,000,000

$196,000,000

$198,000,000

$200,000,000

Total Actual GF Revenue Including IF/Bridges Funds Total w/ Tax Correction

Revenue Comparison FY17 to FY18Including IF/Bridges Grants and Tax Adjustments


The next chart contains a multi-year historical analysis for General Fund Revenues and illustrates the changes to revenue considering the addition of IF/Bridges funding.

$176,408,358 $180,048,335

$189,912,944 $191,516,159 $197,600,433

$191,928,329

$181,253,897 $185,545,014

$194,534,093 $196,639,424 $197,600,433

$191,928,329

$150,000,000

$160,000,000

$170,000,000

$180,000,000

$190,000,000

$200,000,000

$210,000,000

2013-14 2014-15 2015-16 2016-17 Estimated2017-18

Projected2018-19

General Fund Revenue Historical with IF/Bridges for Comparison

Total GF Revenue Total With IF/Bridges


General Fund Revenue Projections NCSD projects revenue 3 years beyond the current fiscal year in an effort to remain ahead of any funding reductions. Revenue is projected to decrease by approximately $5.6 million from FY18 to FY19. The reductions can be broken down as follows (approximated):

• $4.4 million in tax adjustments for FY18 ($2.1 million tax shortfall and $1.3 tax excess) • $300,000 in State funding reductions due to legislative action and declining ADM • $900,000 less local revenue anticipated in FY19

In FY20 and FY21, projections include known legislative reductions and a decrease of 90 ADM per year.

Local Source$49,755,215




State Source$147,845,218




Total GF Revenue$197,600,433




$-

$50,000,000

$100,000,000

$150,000,000

$200,000,000

Estimated 2017-18 Projected 2018-19 Projected 2019-20 Projected 2020-21

General Fund Revenue Projections


FY19 General Fund Revenue by Source State source revenue is projected to make up 74% of the total general revenues Local revenues including the 25 mill associated district taxes making up 20% of the revenues and the remaining 6% coming from the 6 mill associated county taxes.

Local Revenue38,631,852

20%

County Revenue$10,186,156

5%

State Revenue$143,110,321

75%

FY19 Revenue by Source


General Fund Expenditures Analysis In addition to revenues, General Fund expenditures have been impacted by the inclusion of the State Instructional Facilitator and Wyoming Bridges Grants in the General Fund. The district has decreased general fund (including IF and Bridges funds) expenditures by over $8 million from Fy16 to FY18.

$174,117,532

$181,330,491

$194,074,935 $191,871,255 $191,257,511 $190,900,648

$178,881,419

$186,167,186

$199,200,633 $197,427,830

$191,257,511 $190,900,648

$160,000,000

$170,000,000

$180,000,000

$190,000,000

$200,000,000

$210,000,000

2013-14 2014-15 2015-16 2016-17 Estimated2017-18

Projected2018-19

Total General Fund Expenditures with IF/Bridges for comparison

Total GF Expenditures Total with IF/Bridges


FY19 Budget Appropriations For FY19, the operating budget is $193.1 million. Of this operating budget, 74% is devoted to direct classroom instruction and instructional support. NCSD has had a goal to maintain a budget reserve of at least 5% of operating expenses. For FY19 the budget reserve is $10,825,000 which is 5.6% of the operating budget.

Instructional Services$124,937,357

58%

Instructional Support Services

$18,147,039 8%

General Support Services

$50,019,276 23%

Fund Transfers, Board Contingency and

Reserves$23,882,179

11%

FY19 Budget Appropriations


General Fund Budget – Summary

Description Actual 2016-17

Budget 2017-18

Estimated Actual

2017-18

Budget 2018-19

Beginning Fund Balance 19,069,695 18,235,916 18,714,599 25,057,521

Revenues - Local Sources 36,880,526 37,454,571 39,341,146 38,631,852

Revenues - County Sources 9,447,970 9,858,318 10,304,950 10,186,156

Revenues - State Sources 145,187,664 147,097,800 147,954,337 143,110,321

Total Revenues 191,516,159 194,410,689 197,600,433 191,928,329

Total Funds Available 210,585,854 212,646,605 216,315,032 216,985,851

Instructional Services 118,748,037 123,614,498 119,422,834 125,572,937

Instructional Support Services 15,838,776 19,921,891 16,981,401 18,025,934

General Support Services 47,357,844 50,297,673 46,365,733 49,504,801

Fund Transfers, Board Contingency and Reserve

9,926,598 18,812,544 8,487,544 23,882,179

Total Appropriations 191,871,255 212,646,605 191,257,511 216,985,851

Ending Fund Balance 18,714,599 - 25,057,521 -

Total Appropriations and Fund Balance 210,585,854 212,646,605 216,315,032 216,985,851


General Fund Budget – Revenue by Source


Budget 2017-18

Estimated Actual 2017-18

Budget 2018-19

Local Sources 25 Mills Special District Tax 27,962,689 29,669,571 31,105,701 30,674,952 Motor Vehicle Taxes 7,129,114 7,130,000 7,094,512 7,094,500 Car Company Taxes 23,918 24,000 25,465 25,000 Penalties/Interest on Taxes 73,782 74,000 276,953 275,000 Tuition - Summer School 450 - 2,400 2,400 Interest - District Investments 50,458 15,000 93,239 90,000 Interest - County Treasurer 3,467 3,000 10,815 10,000 Student Activities - Fees 48,182 50,000 64,897 60,000 Indirect Costs - Federal Grants 249,990 250,000 263,420 250,000 District Facility Rental Revenue 50,641 50,000 63,932 60,000 Employee Facility Rental Revenue 39,344 41,000 43,475 40,000 Donations - Private 33,678 33,000 29,015 25,000 Refund Prior Years Expenditures 118,588 105,000 157,348 15,000 Sale of Fixed Assets Pre 97 1,040,523 - 109,972 - Sale of Fixed Assets Post 97 49,300 10,000 - 10,000 Bus Sales 6,403 - - Total Revenue - Local Sources 36,880,526 37,454,571 39,341,146 38,631,852 County Sources 6 Mill County Tax 6,711,045 7,120,697 7,465,368 7,361,988 Motor Vehicle Tax 1,710,988 1,711,000 1,702,683 1,702,000 Car Company Tax 5,740 5,800 6,112 6,000 Penalties/Interest on Taxes 17,708 17,800 66,469 66,000 Fines & Forfeitures 1,002,468 1,003,000 1,064,150 1,050,000 Forest Reserve 21 21 169 168 Total Revenue - County Sources 9,447,970 9,858,318 10,304,950 10,186,156 State Sources State Foundation Entitlement 142,423,874 143,537,823 144,448,087 141,561,321 Audit Adjustment (325,851) - (19,793) - Tax Shortfall Grant 1,270,913 2,116,534 2,116,534 - Retirement Contribution Reimbursement 1,680,818 1,305,443 1,300,390 1,440,000 Taylor Grazing 137,911 138,000 109,118 109,000 Total Revenue - State Sources 145,187,664 147,097,800 147,954,337 143,110,321 Total Revenues 191,516,159 194,410,689 197,600,433 191,928,329


General Fund Budget – Expenditures, Transfers, and Reserves


Budget 2017-18


Budget 2018-19

Instructional Services Elementary Instruction 42,622,248 44,553,444 42,877,351 45,353,030 Jr. High Instruction 18,960,785 19,410,244 18,644,739 19,326,549 Sr. High Instruction 24,369,126 24,571,709 24,104,114 24,994,886 Student w/Disabilities 22,839,550 23,077,308 23,350,961 24,055,979 Gifted & Talented 572,495 580,814 550,265 556,540 Out of District Tuition 2,617,216 2,500,000 1,989,642 2,500,000 Homebound Instruction 181,153 200,000 60,321 200,000 Other Special Programs 1,091,140 1,607,632 1,020,643 1,105,763 Student Activities 3,570,130 3,679,609 3,585,463 3,880,705 Vocational Instruction 1,924,194 1,837,161 2,262,895 2,289,027 Summer School/Extended Day - 1,596,577 976,439 1,310,459 Total Instruction Services 118,748,037 123,614,498 119,422,834 125,572,937 Instructional Support Services Counseling Services 3,673,231 3,576,122 3,775,015 3,882,663 Assessment Services 316,623 348,137 193,564 330,734 Social Work Services 1,155,954 1,251,282 1,214,634 1,233,350 Student Records Services 415,468 409,419 348,420 364,349 Health Services 1,899,516 1,913,073 1,960,671 2,002,459 Psychological Services 1,500,068 1,718,671 1,613,331 1,643,738 Speech Services 1,649,888 1,666,023 1,635,610 1,656,266 Audiology Services 146,640 143,590 33,363 35,740 Occupational Therapy Services 723,749 727,124 755,787 767,055 Physical Therapy Services 190,473 194,482 192,536 193,682 Curriculum and Instruction Services 941,219 1,172,755 951,686 1,076,821 Staff Training Services 973,191 1,350,179 837,666 1,292,060 School Library Services 2,000,795 1,995,091 1,946,337 2,013,483 Audiovisual Services 92,660 - - - Instructional Facilitators - 3,299,871 1,368,476 1,380,372 Supervision of Special Ed Services 159,303 156,072 154,304 153,162 Total Instructional Support Services 15,838,776 19,921,891 16,981,401 18,025,934 General Support Services Superintendent 348,086 375,331 281,813 305,240 Community Relations 18,073 38,450 8,497 338,539 School Administration 11,869,695 11,963,259 12,282,674 12,572,300 Business Services 1,395,011 1,545,984 1,574,241 1,628,505



Budget 2017-18

Estimated Actual

2017-18

Budget 2018-19

Warehouse/Purchasing Services 773,189 800,250 759,216 794,213 Multi Media Services 497,265 308,480 366,800 - Board of Education Services 463,457 508,116 456,331 483,623 Employee Relations 409,987 382,483 328,357 458,885 Building Services 16,699,807 18,866,338 16,130,560 16,962,500 Grounds Services 751,976 793,765 824,243 883,199 Equipment Services 115,209 148,053 325,319 144,320 Security Services 260,816 244,161 831,386 657,156 School Transportation 8,975,458 9,375,276 7,350,631 8,980,575 Activity Transportation 525,060 625,430 618,376 663,596 Staff Transportation Services 116,435 145,000 94,842 403,080 Human Resource Services 1,348,659 1,351,651 1,323,373 1,337,499 Information Technology 2,789,663 2,825,645 2,809,075 2,891,571 Total General Support Services 47,357,844 50,297,673 46,365,733 49,504,801 Total Expenditures 181,944,657 193,834,061 182,769,967 193,103,672 Fund Transfer, Board Contingency & Reserve Fund Transfers - Food Service 1,364,000 1,030,000 1,030,000 1,000,000 Board Priority - Contingency 8,562,598 7,457,544 7,457,544 12,057,179 Board Budget Reserve - 10,325,000 - 10,825,000 Total Other Services and Reserve 9,926,598 18,812,544 8,487,544 23,882,179 Total Appropriations 191,871,255 212,646,605 191,257,511 216,985,851


General Fund Budget – Board Contingency and Priority

Board Priority One-Time

Board Priority On-Going

Total

Budget Available for 2018-19 $ 11,009,726 $ 1,047,453 $ 12,057,179

Earmarked Amounts:

Board Goals and Contingencies (a) $ 11,009,726 $ 1,047,453 $ 12,057,179

Total Earmarks for FY19 $ 11,009,726 $ 1,047,453 $ 12,057,179

(a) These funds are earmarked for future use, as approved by the Board of Trustees, for educational needs, as a contingency for known and anticipated future reductions in revenues, unfunded facility improvements, or significant increases in expenditures in District operations and/or capital construction. One-Time dollars represent the unspent, unobligated funds at the end of the most recent fiscal year. One-time funds can only be spent once. On-going dollars represent a portion of on-going revenue that is expected to continue into future fiscal years. For the FY19 budget, Ongoing board priority funds are reduced by the $1.3 million reduction for excess taxes received in FY18. One-time dollars are increased by this same $1.3 million. The $1.3 million reduction to revenue is a one-time reduction so it is expected to reverse after FY19.


Special Revenue Funds The District’s Special Revenue Funds are utilized to account for revenues derived from earmarked sources and the related expenditures. Included are revenues from program grants with the corresponding program expenditures, the state major maintenance grant and the Recreational Mill Levy and corresponding expenditures.

Federal Program Grants The Federal government provides support for specific programs in the District. Examples of Federal funds the district receives are as follows:

• Title I – Funds are awarded to local educational agencies (LEAs) and schools with high numbers or high percentages of children from low-income families to help ensure that all children meet challenging state academic standards.

• Title ID (Neglected and Delinquent) – Funds are awarded to LEAs with high proportions of youths in local correctional facilities to support dropout prevention programs for at-risk youths.

• Title IIA Improving Teacher Quality – Funds are awarded to LEA’s to increase academic achievement by improving teacher and principal quality. Funds are used to recruit and retain highly qualified teachers and principals and provide professional development opportunities.

• Title III-English Language Learners & Immigrant – Funds are provided to LEA’s to help ensure that students with Limited English Proficiency meet the same high standards that all children are expected to achieve

• Title VI-B (IDEA) – Funds are awarded to LEAs to help them ensure that children with disabilities, including children aged three through five, have access to a free appropriate public education to meet each child’s unique needs and prepare each child for further education, employment, and independent living.

• Temporary Assistance for Needy Families (TANF) - Funds are awarded to provide preschool programs for economically disadvantaged students.

• Carl D. Perkins Career and Technical Ed Grant – Funds are awarded to LEAs to support high-quality career and technical education programs.

• McKinney Vento (Homeless) – Funds are awarded to LEA’s to help ensure that each homeless child and youth has equal access to the same free, appropriate public education, including a public preschool education, as other children and youth.

State Program Grants The State of Wyoming grants NCSD certain resources for specific purposes.

• National Board Certified Teacher Grant – Wyoming school districts are required to pay a $4,000 bonus salary payment to each full-time nationally board certified teacher that holds a certificate from the national board for professional teaching standards. The Wyoming Department of Education reimburses each school district for these payments.

• Distance Education Grant – Provides funding to develop and maintain virtual education programs in Wyoming. • Career and Technical Ed Demonstration Grant – Provides funding for expenses associated with the planning,

development and implementation of a new or expansion of existing high school CTE programs. • Instructional Facilitator and Wyoming Bridges Grants – as noted for General Fund, IF and Bridges funding were

included in the state funding model and is included in the general fund beginning in FY18.


Recreational Mill Levy By state statute, Natrona County levies a 1 mill tax on the assessed property valuation for recreational facilities and systems of public recreation. The levied taxes are managed by the Natrona County Recreation Joint Powers Board. 70% of the levied taxes are assigned to the school district for recreational purposes and 30% are managed by the Board to bestow grants on community organizations for recreational services, facilities and activities.

State Major Maintenance Grant Major Maintenance is defined as the repair or replacement of complete or major portions of school building and facility systems at irregular intervals which is required to continue the use of the building or facility at its original capacity for its original intended use. The funding cannot be used for new construction or a project that increases facility square footage. The district prepares an annual major maintenance plan through the Board Infrastructure Committee. Each project in the annual plan is proposed to the Wyoming School Facilities Department (SFD). The SFD must approve each project before proceeding. School districts receive annual funding from the state for major maintenance. The amount is derived from a formula that is partially based on the replacement value of school facilities in each district, as well as each district's ADM (Average Daily Membership). FY 2019 major maintenance funding is projected to be $8,704,000.


Special Revenue Funds – Budget Summary


Budget 2017-18

Estimated Actual

2017-18

Budget 2018-19

Beginning Fund Balance 6,416,810 9,630,358 9,650,621 9,458,541 Interest Income 7,681 6,000 10,901 11,000 Recreation Board Levy Revenue 1,401,351 1,266,000 1,540,105 1,226,998 State Major Maintenance Grant 7,156,869 6,555,950 6,569,851 8,704,000 Program Grants - State 5,623,875 500,000 1,310,201 308,000 Program Grants - Federal 9,787,712 12,069,000 9,423,476 12,385,381 Other Grants 290,888 200,000 387,245 195,000 Total Funds Available 30,685,186 30,227,308 28,892,400 32,288,920 Instructional Services 9,308,531 8,333,000 8,074,287 9,645,841 Instructional Support Services 6,203,796 4,829,000 3,092,208 3,387,946 General Support Services 638,948 683,000 410,197 512,206 Recreation Board Services 1,194,093 2,009,004 1,720,219 1,777,798 Major Maintenance Services 3,689,197 14,373,304 6,136,948 16,965,129 Total Appropriations 21,034,565 30,227,308 19,433,859 32,288,920 Ending Fund Balance 9,650,621 - 9,458,541 - Total Appropriations and Fund Balance 30,685,186 30,227,308 28,892,400 32,288,920


Capital Projects Fund This fund is used to account for capital construction projects funded by the State of Wyoming Capital Construction Grant and transfers from General Fund.

Beginning in 2011-12 NCSD started to realize significant growth in student ADM. At this time, the State of Wyoming recognized NCSD’s need to increase school capacity to accommodate the increased ADM. During this time, the State of Wyoming funded and approved the new construction and/or major remodel of 4 elementary schools and 4 high school campuses. Over the past 8 fiscal years, NCSD has facilitated over $350 million in capital projects. The below charts show the relationship between Capital Construction dollars spent against Funding ADM:

Fiscal Year Capital Projects Expenditures Funding ADM 2010-11 $ 10,359,377 11,586 2011-12 $ 4,340,302 11,680 2012-13 $ 16,700,551 12,005 2013-14 $ 52,781,163 12,538 2014-15 $ 96,435,685 12,679 2015-16 $ 88,667,072 12,859 2016-17 $ 60,220,241 12,827 Estimated 2017-18 $ 27,028,275 12,789 Projected 2018-19 $ 5,468,000 12,664

11,500.00

11,700.00

11,900.00

12,100.00

12,300.00

12,500.00

12,700.00

12,900.00

$-

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 Estimated2017-18

Projected2018-19

FUN

DIN

G AD

M

CON

STRU

CTIO

N DO

LLAR

S SP

ENT

Capital Projects Versus Funding ADM

Capital Projects Expenditures Funding ADM


Capital Projects Fund – Budget Summary

Actual 2016-17

Budget 2017-18

Estimated Actual

2017-18

Budget 2018-19

Beginning Fund Balance 9,686,495 10,810,523 10,810,523 15,527,996 State Capital Construction Grant 52,781,671 24,739,000 24,038,204 3,540,000 Transfers from other Funds - 8,562,598 7,457,544 7,707,544 - Total Funds Available 71,030,764 43,007,067 42,556,271 19,067,996 Capital Outlay - Capital Construction 60,220,241 29,065,700 27,028,275 5,468,000 Earmark - Pool Project - 2,000,000 - 5,000,000 Earmark - Safety and Security Projects - 1,000,000 - 1,500,000 Capital Projects Contingency and Reserve - 10,941,367 - 7,099,996 Total Appropriations 60,220,241 43,007,067 27,028,275 19,067,996 Ending Fund Balance 10,810,523 - 15,527,996 - Total Appropriations and Fund Balance 71,030,764 43,007,067 42,556,271 19,067,996

No new capital projects are recommended in the FY19 budget. Recommendation and funding of new capital projects have been intentionally slowed in light of economic downturn, decline in student enrollment and the corresponding reduction in operational funding. Should circumstances warrant it, the reserves in this fund are available, at Board direction, to meet future operational needs.

The Board Infrastructure Committee continues to analyze the district capital needs and funding available. They are studying the establishment of a special capital reserve to fund ongoing infrastructure maintenance, repair, and replacement.


FY19 Schedule of Capital Projects

Wyoming School Facilities Department (SFD) Funded Projects

Kelly Walsh High School (Design) 5,000

Kelly Walsh High School (Construction) 2,950,000

Natrona County High School (Design) 180,000

Natrona County High School (Construction) 250,000

Journey Elementary School (Design) 5,000

Journey Elementary School (Construction) 50,000

Safety & Security (Construction) 100,000

Total SFD Funded Projects 3,540,000

Natrona County School District Funded Projects (NCSD) NCHS MACC Buildout (Design) 21,000

NCHS MACC Buildout (Construction) 1,470,000

Lincoln ES Preschool (Design) 7,000

Lincoln ES Preschool (Construction) 430,000

Total NCSD Funded Projects 1,928,000

Total Current Projects 5,468,000

Earmarks for future projects Pool Project 5,000,000

Safety and Security Projects 1,500,000

Capital Projects Contingency and Reserve 7,099,996

Total Earmarks 13,599,996

Total Appropriations 19,067,996


Food Service Fund The Food Service fund is a type of proprietary or “enterprise” fund which is used to account for programs in which a fee is charged for goods and services. This fund accounts for our district Breakfast and Lunch program.

Revenue Analysis The Food Service Fund received revenue from 3 main sources:

• Local Revenue – Meal Sales • Federal Revenue – National School Lunch Program Grant which provides funds to help provide meals to children

who qualify for Free or Reduced lunch prices. • Transfer from General Fund – The revenue received from meal sales and the Federal grant are not sufficient to

cover all expenses. Thus, General Fund Subsidizes the Food Service Fund. In 2016-17, NCSD implemented a food charging policy which limited the amount which students could charge to their NCSD lunch account. In addition, efforts were undertaken to collect on overdue accounts. This reduced the amount of outstanding debt owed to the Food Service program and increased revenue. Moving forward, NCSD has seen a decrease in lunch participation due primarily to decreased enrollment. As a result, revenues have decreased and are projected to continue to decrease.

Local Revenue$1,884,182





Federal Revenue$2,638,640

Federal Revenue$2,710,318

Federal Revenue$3,009,264 Federal Revenue

$2,835,777 Federal Revenue

$2,645,507

General Fund Transfer$1,269,000 General Fund Transfer

$1,269,000

General Fund Transfer$1,364,000 General Fund Transfer

$1,030,000 General Fund Transfer$1,000,000

Total Revenue$5,791,822





$-

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

2014-15 2015-16 2016-17 Estimated 2017-18 Projected 2018-19

Food Service Revenue


Expenditures Analysis The 3 largest expenses for the Food Service Fund are Salaries, Benefits and Food Supplies.

Salaries$1,723,445

Salaries$1,730,759

Salaries$1,684,855

Salaries$1,675,135

Salaries$1,731,000

Benefits$1,264,849

Benefits$1,237,039

Benefits$1,254,803

Benefits$1,235,648

Benefits1,340,440

Food Costs/Supplies$2,770,929




Food Costs/Supplies2,400,000

Total Expenditures$5,783,671


Total Expenditures$5,680,466 Total Expenditures

$5,394,232


$-

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

$7,000,000

2014-15 2015-16 2016-17 Estimated2017-18

Projected2018-19

Food Service Expenditures


Summary Analysis

Revenue$5,791,822

Revenue$5,766,855

Revenue$6,246,626

Revenue$5,573,625

Revenue$5,570,983

Expenditures$5,783,671





$-

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000

2014-15 2015-16 2016-17 Estimated2017-18

Projected2018-19

Food Services Summary


Food Service Fund – Budget Summary

Actual 2016-17

Budget 2017-18


Budget 2018-19

Beginning Fund Balance 247,707 813,056 813,056 992,354 Revenue Meal Sales 1,873,362 1,798,844 1,707,848 1,718,131 Federal Meal Reimbursement 3,009,264 2,899,724 2,835,777 2,852,852 Transfer from General Fund 1,364,000 1,030,000 1,030,000 1,000,000 Total Revenue 6,246,626 5,728,568 5,573,625 5,570,983 Total Funds Available 6,494,333 6,541,624 6,386,681 6,563,337 Appropriations Salaries 1,684,855 1,693,195 1,675,135 1,686,000 Benefits 1,254,803 1,310,751 1,235,648 1,310,739 Food Costs & Supplies 2,649,808 2,673,571 2,457,164 2,520,535 Purchased Services 25,349 35,700 25,913 36,500 Capital Outlay 65,650 15,000 373 35,118 Other Objects 811 850 95 850 Fund Reserve - 812,557 - 973,595 Total Appropriations 5,681,277 6,541,624 5,394,327 6,563,337 Ending Fund Balance 813,056 - 992,354 - Total Expenditures and Reserve 6,494,333 6,541,624 6,386,681 6,563,337


Central Administration Steve Hopkins ............................................................................................................................................ Superintendent

Curriculum and Instruction Division

Walt Wilcox ................................................................................................................................ Associate Superintendent Angela Hensley ...................................................................................................................................... Executive Director Charlotte Gilbar ..................................................................................................................................... Executive Director

Human Resources and District Services Division

Verba Echols ............................................................................................................................... Associate Superintendent Michael Jennings.................................................................................................................................... Executive Director Steve Ellbogen ....................................................................................................................................... Executive Director

Budget Contact Information If you have specific questions or input related to this budget or its presentation, please feel free to contact:

Ryan Kelly, Director – Business Services 307-253-5211 [email protected]

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