2015-16 Final Budget Amendment and 2016-17 Proposed Budget Presentation June 14, 2016 Frequently, presenters must deliver material of a technical nature to an audience unfamiliar with the topic or vocabulary. The material may be complex or heavy with detail. To present technical material effectively, use the following guidelines from Dale Carnegie Training®.   Consider the amount of time available and prepare to organize your material. Narrow your topic. Divide your presentation into clear segments. Follow a logical progression. Maintain your focus throughout. Close the presentation with a summary, repetition of the key steps, or a logical conclusion. Keep your audience in mind at all times. For example, be sure data is clear and information is relevant. Keep the level of detail and vocabulary appropriate for the audience. Use visuals to support key points or steps. Keep alert to the needs of your listeners, and you will have a more receptive audience.

Agenda Fund Descriptions Property tax values Homestead, Non-Homestead Millage Levy Revenue, Expenditure, Fund Balance History Foundation Allowance History Enrollment History General Fund 2015-16 Final Amendment & 2016-17 Original Budget General Fund State Aid Revenue Assumptions General Fund Revenue by Source General Fund Expenditure by Object Future Budget Considerations Debt Retirement Fund Capital Project Fund Capital Maintenance Fund Consolidated Special Revenue Funds Community Education Food Service Troy Career Center Facility Rental

Fund Descriptions General Fund (1xx) – Accounts for revenue and expenses associated with the general operations of the District. Debt Retirement Fund (3xx) – Accounts for revenue and expenses associated with the District’s debt obligations. Capital Projects Fund (414, 415) – Accounts for the bond proceeds and expenses associated with the District’s bond projects (not included in this presentation). Capital Maintenance Fund (499) – Accounts for the expenses associated with the District’s capital maintenance projects. Food Service Fund (520) – Accounts for revenue and expenses associated with the District’s food service program. TCC Grant Fund (529) – Accounts for the revenue and expenses associated with the District’s operations of the Troy Career Center Community Service Fund (530) – Accounts for revenue and expenses associated with the District’s fee for service programs including PAL, CARE and TOTS. Facility Rental Fund (535) – Accounts for the revenue and expenses associated with the District’s rental of various facilities.

.75% Increase

2016 -17 General Fund State Aid Revenue Budget Assumptions Foundation Allowance: increase of $60 per pupil = +$764,400 Enrollment assumption: 12,740 (increase of 24 students) = +$216,360 Categoricals: MPSERS Categorical continue and remain funded at current levels Increase in Property Tax Value or approximately 0.75%

Troy School District Summary of General Fund Revenue

General Fund Revenue by Source

2016-17 General Fund Expenditure Budget Assumptions Salary Increases to reflect agreements with employee unions. Benefit Increases Health Insurance: 2.5% increase in PA 152 hard cap rate Retirement Increase to reflect increase in MPSERS UAAL rate stabilization (10.53% to 11.70%). This is offset by a slight decrease in the effective rate of 0.84% (25.78% to 24.94%) FICA increase to reflect increase of salaries No significant changes in Purchased Services, Supplies, Capital Outlay and Other Expenditures

Troy School District Summary of General Fund Expenditures by Object

Future Budget Considerations Strategic Planning Program Review Student Staff Ratio Analysis Operational Efficiencies and Effectiveness Opportunities Resource Allocation and Prioritization

End