Higley Unified School District No. 60 Fiscal Year 2017-18 Expenditure Budget Revision Presentation by Gary R. Holland, Executive Director & CFO

Objective Revise the fiscal year 2017-18 Expenditure Budget for adjustments to the 1.06% Teacher Salary Increase (Due by November 1, 2017).

Laws 2017, Ch. 305, §33 To revise the budget for this calculation (1.06% Teacher Salary Increase), districts must again comply with the same notice and separate vote requirements as prescribed in the Publishing Requirements for the adopted budget.

FY 17-18 Budget Timeline FY 17-18 Budget Timeline Revised Budget and Hearing Required Your Text here Adopted Budget Revised Budget Revised Budget Adopted Budget Revised Budget By July 15, 2017 By November 1, 2017 By December 15, 2017 By May 15 , 2018

Factors Affecting the Budget Student Enrollment Capital Transfer Maintenance and Operations Fund Title Tuition Revenue Carryforward A A Legislation Adjustments (ADE)

Maintenance and Operations Fund Budget Changes Adopted Revised Difference Revenue Control Limit* $64,295,717 $64,263,217 ($32,500) Override $9,432,157 $0 Capital Transfer $6,000,000 Carryforward $2,500,000 FY18 General Budget Limit $70,742,424 $70,709,924 *Additional Teacher Salary Increases built into the Revenue Control Limit. See Page 2 of the Expenditure Budget to see how it was calculated.

Teacher Salary Increase – How it Works Who meets the qualifications to receive the increase? Teachers must have taught at an AZ district or charter school during the 2016-17 school year and continue to teach at an AZ district or charter school during the 2017-18 school year. What is the definition of a “teacher” as discussed above? For the purposes of this House Bill, “teacher” means a certified teacher who holds a classroom teaching position, e.g., PE, music, band, kindergarten, etc.

Teacher Salary Increase – How it Works cont. Who does not qualify for the increase? Certified support personnel who are not paid from the Instruction Function 1000 such as counselors, media specialists, speech language pathologists, substitutes teachers, purchased services personnel (Smart School teachers), are not eligible for the funding.

Teacher Salary Increase – How it Works cont. How is the 1.06% salary increase computed? The increase for each eligible teacher is based upon the teacher’s earnings for the 2016-17 school year. Included in the total earnings will be any compensation earned for working directly with students such as tutoring, coaching, and performance pay. Will the 1.06% salary increase be added to teacher base salary? Because there is no guarantee for long term funding, the increase will not be added to the base salary.

When Will The Increase Be Paid? Any eligible teachers employed by the District as of today 10/25/17 and is still an employee on 12/21/17 will receive the 1.06% one-time salary increase. It is the District’s intent to pay the 1.06% monies on Thursday, December 21, 2017.

Questions ?? Questions??