Presented to Crescent School Board, June 28, 2018 2018/19 Budget SUMMARY Presented to Crescent School Board, June 28, 2018

This Budget Vs. Past Budgets Vs. Actual “It’s Just a Budget” This Budget Vs. Past Budgets Vs. Actual

Revenue Driver: Enrollment Allocation per Student 2017/18 2018/19 Difference Basic Ed $ 8,006 $10,657 $ 2,651 Running Start / ALE $ 6,570 $ 8,111 $ 1,541 Special Ed Enhancement $ 6,616 $ 6,714 $ 98

HIGH LEVEL SUMMARY 16/17 Actual 17/18 Budget 17/18 Actual 18/19 Budget Revenues 4,128,602 4,352,984 TBD 5,131,072 Expenditures 3,911,386 4,730,759 5,194,557 Beginning Bal 1,050,279 1,119,330 1,242,495 1,115,321 Ending Bal 711,555 997,836 FTE Enrollment 320.65 297.00 329.94 322.00 Cert FTE Employees 24.63 24.53 21.06 24.54 Class FTE Employees 12.62 17.55 21.19 22.38

Budgeted Revenues Grand Total Account Description 2016-17 Actual 2017/18 Forecast 2018/19 Budget Notes Local Taxes 513,100 520,000 505,165 Levy Reduced to $1.50 per $1000 starting 1/1/19 – Loss of $16,835 Local NonTax Support 137,796 56,397 18,100 This is very conservative… Total Local 650,896 876,397 823,265 Apportionment 2,439,855 2,679,345 3,375,195 HB 2242 funding increases State Forest 218,632 20,000 Starting 5/25/18, schools get to keep Special Ed (Apportionment) 26,815 32,444 36,772 Special Ed (State) 216,806 220,978 258,623 Local Effort Assistance 10,624 46,185 16,354 Losing most LEA starting 1/1/19 LAP 63,939 120,974 123,031 Special and Pilot Programs 134,724 139,500 130,000 Mostly Coalition Other 4117 6565 6382 Highly Capable 206 7,278 8,475 This revenue will be returned to OSPI unless spent. Transportation 69,793 80,225 75,000 Total State 3,185,511 3,333,494 4,049,832 Title I (Federal) 134,870 149,724 131,927 Revenue down – 17/18 included carryover Other Title Grants (Federal) 33,021 52,113 37,235 School Food Service 73,272 60,000 32,000 Possible decrease in Revenue + low budget Special Ed (Federal) 51,032 56,906 56,813 Total Federal 292,195 318,743 257,975 Grand Total 4,128,602 4,352,984 4,831,072 Took out Capacity in final #

Just looking at a few things: Revenues gained: $696,000 to general apportionment $40,000 to Special Ed $3,000 to LAP Expenditures Decreased: ?? Revenue lost: $-28,000 from Title I $-30,000 from LEA $-16,000 from Levy Expenditures Increased: Salaries est +$402,000 Certificated Salaries +16% (budgeted) Classified Salaries +8.3% overall PSE +12.9% (average) All Other + 4.3% (average) Admin Salaries +3.8% (overall) Other (added cert 0.6 FTE $46,000) Benefits (est +$165,000) Retirement Increased +2.12% Insurance Allocation +2.9% Workmen’s Comp +15% Retiree Subsidy+10.9% MSOCS ESD Services +$15,000 9% Insurance Pool +$7,500 23% (after 42% inc LY) Legal Services +$2,000 33% Strategic Planning +$10,000 (est) Change to SmartFind +$2,800 …to name a few… What else?  Food Service (possible implementation of CEP (-$11,000)  Curriculum Adoptions  Utility Increases…

Expenditures – Program by Program: Basic Ed Rev: Local + State Apport: $3,934,814 Less Basic Ed Expenditures: $2,365,079 Remaining / (Over Budget): $1,569,735

Expenditures – Program by Program: ALE (OPHC) Revenue Left from Basic Ed: $1,569,735 Less ALE Expenditures: $649,585 Remaining / (Over Budget): $920,150

Expenditures – Program by Program: VOC Revenue Left after Basic Ed + ALE: $920,150 Less VOC Expenditures: $20,635 Remaining / (Over Budget): $899,515

Expenditures – Program by Program: Special Ed Expenditures State Federal Revenue (State + State Sped): $352,208 Less Sped Expenditures: $367,721 Remaining / (Over Budget): ($15,513) Running Total from Local+State Apport: $899,515 – 15,513 = $884,002

Expenditures – Program by Program: Title I Revenue Title I: $131,927 Less VOC Expenditures: $158,355 Remaining / (Over Budget): ($26,428) Running Total from Local+State Apport: $884,002 – $26,428 = $857,574

Expenditures – Program by Program: LAP Revenue Title I: $123,031 Less VOC Expenditures: $113,388 Remaining / (Over Budget): $9,643 Running Total from Local+State Apport: $857,574 + $9,643 = $867,217

Expenditures – Program by Program: District Support Revenue (included in Local/State Apport): $0 Less Dist. Supp. Expenditures: $884,498 Remaining / (Over Budget): ($884,498) Running Total from Local+State Apport: $867,217 – 884,498 = ($17,281)

Expenditures – Program by Program: Food Service Revenue Food Service (budgeted low*): $37,382 Less Dist. Supp. Expenditures: $133,497 Remaining / (Over Budget): ($95,115) Running Total from Local+State Apport: ($17,281) – ($95,115) = ($112,396)

Expenditures – Program by Program: Transportation Revenue Transportation (budget): $75,000 Less Dist. Supp. Expenditures: $76,365 Remaining / (Over Budget): ($1,365) Running Total from Local+State Apport: ($112,396) – ($1,365) = ($113,761)

Expenditures – Program by Program: All Other Programs Revenue – (All Other): $180,710 Less Dist. Supp. Expenditures: $125,434 Remaining / (Over Budget): $55,276 Running Total from Local+State Apport: ($113,761) + $55,276 = ($58,485) - $54,000 (Annual Transfer to CAP) = ($112,485)

Other Funds

Four-Year Budget – General Fund ENROLLMENT AND STAFF COUNTS (1) (2) (3) (4) 2018-2019 2019-2020 2020-2021 2021-2022 A. FTE ENROLLMENT COUNTS (calculate to two decimal places) Current Budget Forecast 1. Kindergarten 14 15 17 2. Grade 1 21 3. Grade 2 16 4. Grade 3 11 5. Grade 4 20 6. Grade 5 12 7. Grade 6 22 8. Grade 7 9. Grade 8 19 10. Grade 9 11. Grade 10 12. Grade 11 (excluding Running Start) 13. Grade 12 (excluding Running Start) 9 14. SUBTOTAL 205 203 204 202 15. Running Start 5 6 5.5 16. Dropout Reengagement Enrollment 1 17. ALE Enrollment 111 113 115 117 18. TOTAL K–12 322 323 325.5 326 B. STAFF COUNTS (calculate to three decimal places) General Fund FTE Certificated Employees 22.540 22.610 22.785 22.820 General Fund FTE Classified Employees 20.889 20.954 21.116 21.148

Four-Year Budget – General Fund, Cont

Four-Year Budget – Capital Projects Fund

Four-Year Budget – Transportation Vehicle Fund

Four-Year Budget – ASB Fund