FY 2012 Proposed Budget for Adoption June 21, 2011

FY 2012 Proposed Budgets Expenditure Summary 2 EXPENDITURES BY FUNDFY 2012 Fund BudgetTransfers Out Budgeted Expenditures General Fund$ 456,151,393$ 77,113,118$ 379,038,275 Capital Reserve Fund $ 675,000$ 0.0$ 675,000 Capital Projects Fund $ 3,428,000$ 0.0$ 3,428,000 Transportation Fund $ 17,754,287$ 0.0$ 17,754,287 Insurance Reserve Fund $ 3,458,971$ 0.0$ 3,458,971 Athletics and Activities Fund $ 11,163,821$ 0.0$ 11,163,821

FY 2012 The General Fund Fund 10

Impact of Final State Budget 2011 = $6, = $6,212 Losing $330 Per Student ($17.3 Million total for DCSD)

Balancing the FY 2012 Budget Reduction DescriptionReduction Amount Central Office$2.0 M Transportation$1.0 M SBB Decrease – Secondary ($100/Pupil)$2.5 M TOSA Contract Day s$0.3 M Reallocation of Performance Pay$4.2 M Use of Reserves$11.7 M TOTAL$21.7 M

FY 2012 General Fund Expenditure Changes from Estimated Estimated Proposed Budget as of June 7, 2011Changes Adopted Budget as of June 21, 2011 Beginning Fund Balance $ 44.1$ 0.0$ 44.1 Total Revenue $ 427.5$ 0.2 $ Total Expenditures $ 440.3$ (3.6) $ Budgeted Carryforward $ 19.4$ 0.0$ 19.4 Ending Fund Balance $ 11.9$ 3.8 $ 15.7

FY 2012 General Fund Impact of Override Revenues Estimated Budget w/o Override (June 7, 2011) Proposed Budget w/o Override Proposed Budget w/ Override Beginning Fund Balance $ 44.1 $ 44.1 Total Revenue $ 427.5$ 427.7$ Total Expenditures $ $ Budgeted Carryforward $ 19.4 Ending Fund Balance $ 11.9 $ 15.7$ 35.7

FY 2013 General Fund Projection w/o Override Projection w/ Override Beginning Fund Balance $ 15.7 Total Revenue $ $ Total Expenditures $ Budgeted Carryforward $ 5.0 Budget Reductions $ (11.7)$ 0.0 Ending Fund Balance $ 16.6 $ 29.9

FY 2014 General Fund Projection w/o Override Projection w/ Override Beginning Fund Balance $ 16.6$ 29.9 Total Revenue $ $ Total Expenditures $ Budgeted Carryforward $ 4.0 Ending Fund Balance $ 33.3 $ 71.7

FY 2012 Adopted Budget With Two Year Projections FY 2012 Proposed Budget FY 2013 Projected Budget FY 2014 Projected Budget Beginning Fund Balance $ 44.1 $ 15.7 $ 16.5 Total Revenue $ 427.7$ 435.8$ Budgeted/Actual Expenditures $ 436.7$ 430.0$ Carry Forward Budgeted as Spent $ 19.4 $ 5.0 $ 4.0 Ending Fund Balance $ 15.7 $ 16.5 $ 33.3

Other Major Fund Proposed Budgets 11

Medical Fund Fund FY 2010 Audited Actuals FY 2011 Adopted Budget FY 2011 End of Year Projection FY 2012 Proposed Budget Beginning Fund Balance $ 0.0$ 2.3 $ 4.7 Total Revenue $ 42.1$ 47.8 $ 40.9$ 40.5 Budgeted/Actual Expenditures $ 39.8$ 47.9 $ 38.4$ 39.8 Ending Fund Balance $ 2.3$ 2.2 $ 4.7 $ 5.4

Nutrition Services Enterprise Fund FY 2010 Audited Actuals FY 2011 Adopted Budget FY 2011 End of Year Projection FY 2012 Proposed Budget Beginning Fund Balance $ 0.9$ 0.1$ 0.2 $ 0.6 Total Revenue $ 14.6$ 15.4 $ 13.8$ 14.3 Budgeted/Actual Expenditures $ 15.3$ 14.6 $ 13.4$ 13.7 Ending Fund Balance $ 0.2$ 0.9 $ 0.6 $ 1.2

B.A.S.E. (Before & After School) Enterprise Fund FY 2010 Audited Actuals FY 2011 Adopted Budget FY 2011 End of Year Projection FY 2012 Proposed Budget Beginning Fund Balance $ 2.5$ 2.7 $ 2.8 $ 2.9 Total Revenue $ 9.2$ 8.8 $ 8.1$ 8.8 Budgeted/Actual Expenditures $ 8.9$ 8.8 $ 8.0$ 8.8 Ending Fund Balance $ 2.8$ 2.7 $ 2.9

Transportation Fund Fund FY 2011 Adopted Budget FY 2011 End of Year Projection FY 2012 Proposed Budget Beginning Fund Balance $ 0.0 $ 0.4 Total Revenue $ 18.9 $ 17.8$ 17.5 Budgeted/Actual Expenditures $ 18.9 $ 17.4$ 17.7 Ending Fund Balance $ 0.0 $ 0.4 $ 0.2

Building Fund Fund FY 2010 Audited Actuals FY 2011 Adopted Budget FY 2011 End of Year Projection FY 2012 Proposed Budget Beginning Fund Balance $ 81.8$ 30.1$ 30.4 $ 16.2 Total Revenue $ 0.4$ 0.2 $ 0.1$ 0.3 Budgeted/Actual Expenditures $ 51.8$ 16.2 $ 14.3$ 16.3 Ending Fund Balance $ 30.4$ 14.1 $ 16.2 $ 0.2

Capital Project Fund Fund FY 2011 Adopted Budget FY 2011 End of Year Projection FY 2012 Proposed Budget Beginning Fund Balance $ 0.0 Total Revenue $ 2.8 $ 2.9$ 3.4 Budgeted/Actual Expenditures $ 2.8 $ 2.9$ 3.4 Ending Fund Balance $ 0.0

DCSD Minor Funds 18 Fund Name Fund Number Executive Summary Reference Page Number Athletics & Activities Fund26Page 28 Capital Reserve Fund21Page 24 Debt Services/Bond Redemption Fund31Page 37 Governmental Designated Purpose Grants Fund22Page 30 Insurance Reserve Fund63Page 27 Private Purpose Trusts Fund75Page 34 Pupil Activity Fund74Page 35

FY 2012 Charter School Adopted Budget Summary 19 Beginning Fund Balance RevenuesExpenditures Ending Fund Balance Academy Charter$1,735,729$4,242,258$4,246,762$1,731,225 American Academy$987,439$6,744,449$6,743,496$988,392 Challenge 2 Excellence$2,344,908$3,454,629$3,458,470$2,341,067 DCS Montessori$1,683,314$3,628,646$3,799,071$1,512,888 Hope Online$261,830$19,513,789$19,061,024$714,595 North Star Academy$1,495,510$4,238,857$4,238,772$1,495,595 Parker Core Knowledge$1,221,242$4,286,733$4,578,043$929,932 Platte River Academy$1,950,886$3,444,308$3,692,139$1,703,055 SkyView Academy$157,050$5,294,581$5,083,016$368,614 STEM Charter$125,953$3,188,955$3,233,854$81,054 Ben Franklin Academy$0$4,345,743$4,201,523$144,220 Total$11,963,860$62,382,948$62,336,171$12,010,638

Revised FY 2012 Budget Revise enrollment numbers per October 1 Pupil Count – inclusive of At-Risk Impact of FY 2011 Audited Financial Statements Potential impact from State Revenue Forecasts Adoption of Revised Budget Prior to January 31, 2012

Board of Education Actions Adopt FY 2012 Financial Plan and Budget Adopt FY 2011 Supplemental Resolutions Adopt FY 2012 Budget Resolutions 21