Skamania School District F-195 & F-195F 2019-20

ENROLLMENT K-8 = 66 (-16.73 vs 18/19 AAFTE) Decrease of 15 from 18/19 budget

REVENUES Federal (grants) State (general & special purpose) Title I, Title II, Food Service, etc. State (general & special purpose) Based on projected enrollment Local (levy and direct payments) Federal Forest proceeds budgeted at $90,000/yr for 19/20 thru 22/23 Other Financing Sources – Grant contingencies TOTAL = $1,490,006

Revenue Summary Local Funds 187,421 12.58% State Funds 887,875 59.59% Federal Funds 177,158 11.89% Other 237,552 15.94% Total 1,490,006 100.00%

Revenues

EXPENDITURES & TRANSFERS Staffing Comprises approx. 52% of the total budget = $840,495 M.S.O.C. (Materials, Supplies & Operating Costs) Comprises approximately 58% of the budget = $764,901 Grant contingency is $200,000 or 13% of the expenditure total TRANSFERS No Transfers are budgeted TOTAL = $1,605,396

Expenditure Summary Certificated Salaries 355,431 22.14% Classified Salaries 191,118 11.90% Employee Benefits 293,946 18.31% Supplies & Materials 88,150 5.49% Purchased Services 470,201 29.29% Travel 2,300 0.14% Capital Outlay 204,250 12.72% 1,605,396 100.00%

Expenditures

GENERAL FUND BALANCE Beginning Undesignated/Unreserved (GL 890) = $370,017 Estimated Total Ending Fund Balance = $191,627 Net Change in Fund Balance Due to Operations = ($115,390)

Required MSOC Disclosure MSOC information F-203 MSOC revenue generated: Regular Ed MSOC $85,349 Small School enhancement 1,661 MSOC revenue generated $87,010 Program 01 and 97 MSOC Expenditures $293,826 Expenditures over (under) revenue $206,816

CAPITAL PROJECTS BUDGET Capital Projects budget is a continuation of projects started or initiated in 2018-19. Source of funding is State Urgent Repair Grant and Healthy Kids Food Service Grant

CAPITAL PROJECTS BUDGET SUMMARY CAPTIAL PROJECTS FUND SUMMARY Beginning Fund Balance $226,250 Revenues & Other Financing Sources $189,716 Expenditures & Other Financing Uses $415,966 Projected Ending Fund Balance $0

F-195F Background: Four year outlook Intended Use

Assumptions: District enrollment is budgeted to decrease by 3 to 4 FTE/year for years 2, 3, & 4. Federal Forest monies are projected at $90,000 per year Increases in operational MSOC to 2.0% per year for years 2/3/4 Rate of growth in districtwide salary/benefits in years 2/3/4 is 2% Local Levy will continue at $175 K per calendar year

Summary View General Fund 2019-20 2020-21 2021-22 2022-23 Current Forecast GENERAL FUND SUMMARY Beginning Fund Balance $307,017 $191,627 $129,068 $51,445 Revenues & Other Financing Sources $1,490,006 $1,477,870 $1,492,222 $1,503,115 Expenditures & Other Financing Uses $1,605,396 $1,540,429 $1,569,845 $1,599,942 Projected Ending Fund Balance -$45,382

Outcomes: Operational Deficit: Annual Expenditures outpace revenues in this look between $62 K to $115 K Projected Fund Balance: This F-195F does not provide a positive ending fund balance for at the end of year 4 ($45 K)

Summary Apportionment is basically flat over four year look due to falling enrollment. Enrollment decrease from results in in decrease in funded CIS units from 4.983 units in 18-19 to 3.680 units for future years. Enrollment under 70 funds 4 Certificated units – 3.76 CIS and 0.32 CAS units. The loss of the Small School Factor of an additional .500 unit for enrollment over 70 is the cause of the additional reduction.