SHEFFIELD CITY SCHOOLS ANNUAL BUDGET FISCAL YEAR 2015-2016

SHEFFIELD CITY SCHOOLS Revenue Budget - All Funds TOTAL BUDGET $12,534,753 FY 14-15 $12,443,552

STATE REVENUE $6,700,537 – 53.46% FOUNDATION PROGRAM SCHOOL NURSES PROGRAM TECHNOLOGY COORDINATOR TRANSPORTATION CAPITAL PURCHASE AT RISK PRESCHOOL PROGRAM CAREER TECH O&M FY 14-15 $6,727,032 – 54.06%

FEDERAL REVENUE $2,006,689 – 16.00% CHILD NUTRITION PROGRAM TITLE I, II SPECIAL EDUCATION & PRESCHOOL 21ST CENTURY PROGRAM CAREER TECH BASIC FY 14-15 $1,965,522 -15.8%

LOCAL REVENUE $3,827,527- 30.54% COUNTY AD VALOREM TAXES COUNTY SALES TAXES COUNTY ALCOHOL BEVERAGE TAXES CITY ADVALOREM TAXES CITY COUNCIL APPROPRIATIONS TVA IN LIEU OF TAXES DISTRIBUTIONS FROM WILLSON TRUST LOCAL SCHOOL -PUBLIC AND NON-PUBLIC EDUCATION FOUNDATION CONTRIBUTIONS FY 14-15 $3,750,968 - 30.14%

SHEFFIELD CITY SCHOOLS Expenditure Budget - All Funds Expenditures $12,816,545 FY 14-15 $12,380,722

INSTRUCTIONAL SERVICES AND INSTRUCTIONAL SUPPORT SERVICES $8,379,013– 65.38% SALARIES & BENEFITS -TEACHERS AND AIDES CLASSROOM INSTRUCTIONAL SUPPORT SUBSTITUTE TEACHERS GUIDANCE & COUNSELING MEDIA SERVICES PRINCIPALS AND SCHOOL OFFICES CURRICULUM DEVELOPMENT FY 14-15 $8,227,590- 58.84%

OPERATION AND MAINTENANCE $1,139,745– 8.89% SECURITY SERVICES - ALARMS BUILDING SERVICES - UTILITIES, JANITORIAL SUPPLIES MAINTENANCE & REPAIRS CONTRACT CLEANING SERVICES GROUNDS SERVICES - LAWN & ATHLETIC FIELD MAINTENANCE VEHICLE SERVICES - BUSES & TRUCKS FY 14-15 $1,069,755 – 7.65%

AUXILIARY SERVICES $106,662 – .83% $974,006 – 7.60% STUDENT TRANSPORTATION SERVICES * INSTRUCTIONAL (VOCATIONAL SCHOOL) * EXTRACURRICULAR (ATHLETICS & FIELD TRIPS) $974,006 – 7.60% CHILD NUTRITION PROGRAM *SALARY AND BENEFITS *PREPARING AND SERVING SUPPLIES *FOOD FY 14-15 $101,705 – .73% FY 14-15 $942,350 – 6.74%

GENERAL ADMINISTRATIVE SERVICES $878,485– 6.85% SUPERINTENDENT’S OFFICE EXECUTIVE ADMINISTRATIVE SERVICES - FEDERAL PROGRAM ADMINISTRATION - SPECIAL ED. AND TESTING COORDINATOR BUSINESS SUPPORT SERVICES - CSFO; ACCOUNTING/PAYROLL; SDE REPORTS AND DATA COLLECTIONS SYSTEM-WIDE SUPPORT SERVICES - EMPLOYEE LIFE INSURANCE - PROPERTY AND LIABILITY INSURANCE - LEGAL FEES; AUDITOR’S FEES; ASSOCIATION DUES GRANT ADMINISTRATION - 21ST CENTURY; HIPPY GRANT; COMMUNITY EDUCATION SHEFFIELD EDUCATION FOUNDATION OFFICE FY 14-15 $877,808 – 6.28%

CAPITAL OUTLAY $579,737– 4.52% $310,000 FY14 QZAB $269,737 FY16 STATE CAPITAL OUTLAY LAND IMPROVEMENT BUILDING IMPROVEMENT PROPERTY INSURANCE FY 14-15 $1,959,108 – 14.01%

DEBT SERVICE $236,842– 1.85% $36,842 Leveraged PSCA FUNDS in 2009 State refinance bond in 2015 *$60,000 Annual payment decreased to $36,842 for FY16 (14 years remaining) $200,000 FY14 QZAB loan for $3,000,000 *$200,000 Annual payment for 15 years Not Included in Debt Service 2005 QZAB Bond Issue * No Annual Payment - Secured with 17 year T-bill FY 14-15 $259,961 - 1.86%

OTHER EXPENDITURES $522,055 – 4.07% PRESCHOOL PROGRAMS AFTER SCHOOL PROGRAMS COMMUNITY EDUCATION EDUCATION FOUNDATION FY 14-15 $542,443 - 3.88%

OVERVIEW OF EXPENDITURES TOTAL BUDGET $12,816,545 TOTAL SALARIES $6,775,010 52.86% TOTAL BENEFITS $2,659,226 20.75% GRAND TOTAL $9,434,236 73.61% UTILITIES $480,180 3.75% CAPITAL OUTLAY $621,957 4.85% CNP SUPPLIES $352,114 2.75% DEBT SERVICES $236,842 1.85% BUILDING SERVICES $268,480 2.09% STATE CLASSROOM SUPPLIES $95,819 .75% OTHER CLASSROOM SUPPLES $165,871 1.29% PURCHASED SERVICES $375,783 2.93% PASS THRU TO CNP $261,585 2.04%

CHANGES AFFECTING THE BUDGET REVENUE CHANGES: Local taxes – Ad valorem and sales taxes City Appropriation Grants State allocations – Proration EXPENDITURE CHANGES: Legislative mandates - Benefits (retirement) Non-completion of capital projects Unexpected building maintenance - roof, HVAC, plumbing Additional program cost (Special needs, textbooks, training)

TOTAL RESERVE BALANCE BUDGET BUDGET

Changes in personnel ADM CERTIFIED SUPPORT TOTAL FY 06-07 1253.87 119 61 180 FY 07-08 1216.95 115 56 171 FY08-09 1166.50 110 54 164 FY09-10 1172.45 FY10-11 1113.95 107 161 FY11-12 1060.50 99 49 148 FY12-13 1046.40 100 50 150 FY13-14 1077.85 103 48 151 FY14-15 1097.65 106 46 152 FY15-16 1,086.90 47 153