SHEFFIELD CITY SCHOOLS ANNUAL BUDGET FISCAL YEAR 2014-2015

SHEFFIELD CITY SCHOOLS Revenue Budget - All Funds TOTAL BUDGET $12,443,552 FY 13-14 $12,159,135

STATE REVENUE $6,727,032 – 54.06% FOUNDATION PROGRAM SCHOOL NURSES PROGRAM TECHNOLOGY COORDINATOR TRANSPORTATION CAPITAL PURCHASE AT RISK PRESCHOOL PROGRAM CAREER TECH O&M FY 13-14 $6,480,841 - 53%

FEDERAL REVENUE $1,965,522 – 15.80% CHILD NUTRITION PROGRAM TITLE I, II SPECIAL EDUCATION & PRESCHOOL 21ST CENTURY PROGRAM CAREER TECH BASIC FY 13-14 $2,137,254 -18%

LOCAL REVENUE $3,750,968- 30.14% 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 13-14 $3,541,040 - 29%

SHEFFIELD CITY SCHOOLS Expenditure Budget - All Funds Expenditures $13,980,722 Less $1,600,000 QZAB FUNDS = 12,380,722 FY 13-14 $11,895,801

INSTRUCTIONAL SERVICES AND INSTRUCTIONAL SUPPORT SERVICES $8,227,590– 58.84% SALARIES & BENEFITS -TEACHERS AND AIDES CLASSROOM INSTRUCTIONAL SUPPORT SUBSTITUTE TEACHERS GUIDANCE & COUNSELING MEDIA SERVICES PRINCIPALS AND SCHOOL OFFICES CURRICULUM DEVELOPMENT Percentage of $12,380,722 is 66.45% FY 13-14 $7,946,204 - 66.81%

OPERATION AND MAINTENANCE $1,069,755 – 7.65% SECURITY SERVICES - ALARMS BUILDING SERVICES - UTILITIES, JANITORIAL SUPPLIES MAINTENANCE & REPAIRS CONTRACT CLEANING SERVICES GROUNDS SERVICES - LAWN & ATHLETIC FIELD MAINTENANCE VEHICLE SERVICES - BUSES & TRUCKS FY 13-14 $1,048,318 - 8.81%

AUXILIARY SERVICES $101,705 – .73% $942,350 – 6.74% STUDENT TRANSPORTATION SERVICES * INSTRUCTIONAL (VOCATIONAL SCHOOL) * EXTRACURRICULAR (ATHLETICS & FIELD TRIPS) $942,350 – 6.74% CHILD NUTRITION PROGRAM *SALARY AND BENEFITS *PREPARING AND SERVING SUPPLIES *FOOD FY 13-14 $188,104 –1.58% FY 13-14 $1,009,775 – 8.49%

GENERAL ADMINISTRATIVE SERVICES $877,808– 6.28% 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 13-14 $838,332 - 7.05%

CAPITAL OUTLAY LAND IMPROVEMENT BUILDING IMPROVEMENT $1,959,108– 14.01% $1,600,000 FY14 QZAB $359,108 FY15 STATE CAPITAL OUTLAY LAND IMPROVEMENT BUILDING IMPROVEMENT PROPERTY INSURANCE FY 13-14 $312,016 - 2.62%

DEBT SERVICE $259,961– 1.86% $59,961 Leveraged PSCA FUNDS in 2009 *$60,000 Annual payment for 20 years $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 13-14 $59,990 - .53%

OTHER EXPENDITURES $542,443 – 3.88% PRESCHOOL PROGRAMS AFTER SCHOOL PROGRAMS COMMUNITY EDUCATION EDUCATION FOUNDATION FY 13-14 $493,013 - 4.14%

OVERVIEW OF EXPENDITURES TOTAL BUDGET $13,980,722 TOTAL SALARIES $6,824,700 48.82% TOTAL BENEFITS $2,668,196 19.08% GRAND TOTAL $9,492,896 67.89% *Without QZAB - 76.67% UTILITIES $454,400 3.25% CAPITAL OUTLAY $1,959,108 14.01% CNP SUPPLIES $319,850 2.29% DEBT SERVICES $259,961 1.86% BUILDING SERVICES $203,606 1.46% STATE CLASSROOM SUPPLIES $69,415 .50% OTHER CLASSROOM SUPPLES $226,141 1.62% PURCHASED SERVICES $346,705 2.48% PASS THRU TO CNP $261,539 1.87%

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