Aberdeen School District 6-1 Proposed Budget Fiscal Year 2016-2017 July 25, 2016

Aberdeen School District 6-1 Fiscal Year 2016-17 Proposed Budget School Board Members: Mr. Brad Olson, President Mr. Brian Sharp, Vice President Mr. Duane Alm Dr. Linda Burdette Mr. Kevin Burckhard Mr. Scott Wirth Mr. Andrew Miller Dr. Becky Guffin, Superintendent Mr. Tom Janish, Director of Finance

Aberdeen School District 6-1 Budget Process FY 2016-17 Preliminary Budget May 9, 2016 Notice of Public Hearing July 14, 2016 Public Hearing July 25, 2016 Final Adoption September, 2016

Aberdeen School District 6-1 Fiscal Year 2015-16 General Fund – Results of Operation Budget Actual Percent Revenue $25,262,820 $25,642,790 101.50% Expenditures $25,539,310 $25,015,562 97.95% Surplus (Deficit) ($276,490) $627,228

Aberdeen School District 6-1 Budget Process FY 2016-17 FUND General Capital Outlay Special Education Pension Arena Debt Service Capital Projects Food Service Other Enterprise Total FY 2015-16 $28,712,074 $6,591,352 $7,083,264 $286,149 $0 $1,646,333 $500,000 $2,190,958 $56,378 $47,066,508

Aberdeen School District 6-1 All Funds Revenue FY 2016-17

Aberdeen School District 6-1 Budget Summary FY 2016-17 FUND $ Change % Change General $3,172,764 12.42% Capital Outlay $1,070,485 19.39% Special Education $285,849 4.21% Pension ($319,006) (52.71%) Arena ($2,454) (100%) Debt Service ($8,189,941) (83.26%) Capital Projects ($7,300,000) (93.59%) Food Service $93,390 4.45% Other Enterprise $0 0.00%

Aberdeen School District 6-1 Ad Valorem Tax Request Comparison FY 15-16 Tax (Budgeted) $22,584,887 FY 16-17 Tax (Budgeted) $21,835,310 Change ($749,577)

Aberdeen School District 6-1 Taxable Valuations and Mill Rates Collectible In 2016 2017 Change Taxable Valuations $2,098 M $2,199 M $101 M Mill Rates: General Fund Ag 1.57 .00 Owner Occupied 4.08 3.69 (.39) Commercial 8.73 7.63 (1.10) Capital Outlay 3.00 2.90 (.10) Special Ed 1.41 1.51 .10 Pension .30 (.30) Debt Service .78 .76 (.02) Tax Impact on $150,000 home $1,436 $1,329 ($107)

Aberdeen School District 6-1 General Fund Revenue FY 2016-17

Aberdeen School District 6-1 Capital Outlay Revenue 2016-17

Aberdeen School District 6-1 Special Education Revenue 2016-17

Aberdeen School District 6-1 Food Service Revenue FY 2016-17

Aberdeen School District 6-1 Other Funds – Revenue FY 2016-17 Pension Arena Debt Service Capital Projects Other Enterprise Local $316,544 $8,000 $1,667,217 $0 $56,000 Other $500,000 $378 Total $56,378

Aberdeen School District 6-1 General Fund Expenditures FY 2016-17

Aberdeen School District 6-1 Capital Outlay Expenditures FY 2016-17

Aberdeen School District 6-1 Special Education Expenditures FY 2016-17

Aberdeen School District 6-1 Food Service Expenditures FY 2016-17

Aberdeen School District 6-1 Other Funds Expenditures FY 2016-17 Pension Arena Debt Service Capital Projects Other Enterprise Salary & Benefits $286,149 $0 $52,280 Debt Service $1,646,333 Other Expenses $500,000 $4,098 Total $56,378