Tumwater School District Community Budget Forum March 12, 2014

Greetings and Introductions Topics of Interest Agenda Review

Community Involvement Share Information Provide Feedback Assist with Prioritization

Budget Timeline  Enrollment Forecasting  Staffing Levels  Maintenance Level Changes  Community Budget Forum  Legislative Impacts  Revenue Estimates  Policy Level Changes

Budget Timeline (continued)  2 nd Community Budget Forum ***VIA ADOBE CONNECT***  Small Funds (CPF, DSF, ASB, TVF)  3 rd Community Budget Forum  Draft Budget – due July 10 th  Final Board Presentations  Public Hearing & Budget Adoption – August 2014

Maintenance Level Changes Begins with Current Year Projected Unassigned Fund Balance  What is a fund balance?  What are the different categories of fund balance?  Minimum Fund Balance Policy  Desired level of unassigned fund balance

Roll Ahead Revenue and Expenditures Add/Remove Revenue  TPEP Grant  PEP Grant Add/Remove Expenditures  Tech Help Desk Position (partial year)  FY12/13 Summer Projects

Non-Discretionary Items Local Levy Increase Increase in Local Effort Assistance Enrollment Decrease Additional Hours of Instruction  Senate pushes requirement out to 15/16 and “repurposes” funds to assist with the 24 credit requirement  House has now introduced a bill very similar to the Senate

Non-Discretionary Items (continued) All Day Kindergarten & K-1 Class Size Reduction Benefit Changes Compensation Impacts State MSOC Allocation  House - $370,000  Senate - $240,000

Non-Discretionary Items (continued) Utilities, Fuel, Food Costs, Insurance State Transportation Allocation  FY14/15 – Anticipated Additional Funding = $600,000 FISCAL YEAR REVENUEEXPENDITURE NET DIFFERENCE 11/121,537,7522,578,578(1,040,826) 12/131,560,1402,811,348(1,251,208) 13/141,990,3243,025,019(1,034,695)

Minimum Fund Balance Past – 4% Target – 5.5%  Adding.5% each fiscal year  FY12/13 – 4.5%  FY13/14 – 5.0%  FY14/15 – 5.5%  Cost of.5% = $300,000

Projected Unassigned Fund Balance Approximately $272,000 Target - $500,000 Legislative Changes – Increase/Decrease?

Policy Level Changes Preliminary Discussions:  TPEP Training  Curriculum Adoptions  Instructional Facilitators  Custodial/Grounds Staff  Enhanced Music Program

Questions and Comments?

Topics for Future Meetings Legislative Impacts Update to Maintenance Level Changes Detail on Policy Level Changes Discussion of “Small” Funds Impact of Bond

REMINDER: Next Community Budget Forum **VIA ADOBE CONNECT** April 16, 5:30 p.m. Visit our website for information: