November 19-20, 2002 Tri-Valley School Board Financial Update Public Meetings

November 19-20, 2002 Purpose Informational  State of the Budget  Historical Analysis  Recent Changes Effecting the Budget  Improvements Ideas under Consideration How you can help

November 19-20, 2002 State of the Budget 2001/2002 Expenses Education Fund All Funds

November 19-20, 2002 State of the Budget EducationBuildingTransportation June’02697,995354,849146,056 +Revenue5,515,568696,041378,196 -Expenses6,000,229719,000405,250 Change-484,661-22,959-27,056 June ’03213,336331,890119,000 +Revenue5,645,247719,439442,146 -Expenses6,385,243791,520423,565 Change-739,996-72,08118,581 June ’04-526,660259,809137,581

November 19-20, 2002 Historical Analysis

November 19-20, 2002 Historical Analysis Tax Rate

November 19-20, 2002 Historical Analysis

November 19-20, 2002 Historical Analysis

November 19-20, 2002 Working Cash Bonds What is Working Cash Working Cash – 1996  $289,000 Working Cash – 2001  Future Building Down Payment  $525,000 Working Cash – Nickel Levy  Can be Supplement to the Education Fund  Approximately $45,000

November 19-20, 2002 Recent Conditions Effecting the Budget State Aid  Foundation Level did not increase  The typical $100 increase would have produced $100,000 of additional revenue  Grants cut by $100,000 Equalized Assessed Valuation  Farmland reassessment

November 19-20, 2002 State Aid Formula Effect on the Budget Factors  EAV used to calculate potential local tax contribution  Formula assumes $3 Ed Fund Tax Rate TV raised the rate from $2.30 to $2.84 in 1991 TV essentially loses potential State Aid  Average Daily Attendance (ADA)  CPPT – Commercial Property Tax  Foundation Level – minimum needed per student

November 19-20, 2002 State Aid Formula Effect on the Budget Foundation Level Increases EAV Increases ADA Increases Ed Fund Tax Rate Foundation 4870 EAV 86 mil ADA 1000 ED Rate $2.84

November 19-20, 2002 Improvements Football Start – Up  Expenses Lights $53,645 Bleachers $43,826 Fence $11,490 Grading & Irrigation $22,774 Concession $15,372 Uniforms & Equipment $25,953* Total $173,060  Revenue Site and Construction Fund Booster Club Matching Grants Donations *Ed Fund

November 19-20, 2002 Improvements Marching Band Start - Up  Instruments$12,000  Uniforms$15,836*  Total$27,836 * Ed Fund

November 19-20, 2002 Improvements Trainable Mentally Handicapped (TMH)  Building Addition  Cost  Funding  Impact on the School

November 19-20, 2002 Improvements Greenhouse  Building Cost $50,000  Funding  Yearly Cost/Revenue  Impact on the School

November 19-20, 2002 Improvements Integrated Learning System  Program Cost  Yearly Cost  Impact on the School

November 19-20, 2002 Ideas under Consideration Adjust Tax Levy  Levy less in Building, Transportation, Life/Safety  Levy 4 cents Working Cash for Ed Fund Ed Fund Tax Referendum  Currently $2.84Add cents  November 2003 Available ’04-’05  April 2004Available ’05-’06

November 19-20, 2002 Ideas under Consideration Transfer Working Cash to Ed Fund  $525,000 future building  $475,000 available today uncommitted  $170,000 transferred ’03-’04

November 19-20, 2002 Ideas under Consideration Budget Cuts  $200,000 cut for ’03-’04  Spread cuts across entire district  Contracted Services TVEA Contract prohibits during the life of the Contract Bus – No Savings expected Janitorial – Possible savings offset by reduced quality Cafeteria – Under investigation for the future

November 19-20, 2002 Ideas under Consideration Budget Cuts  Increase Class Size K-8 4 sections/grade students/class 3 sections/grade25-30 students/class –7 teaching positions effected –Approximately $30,000 per teacher  Increase Class Size High School Eliminate Overload Reduce Family and Consumer Science position Reduce Ag Department

November 19-20, 2002 Ideas under Consideration Budget Cuts  Other Staff Gifted Program HS Lunch room supervisor Media Center Aid reduced time Chaperones HS Technology Coordinator Designated Principal Saturday only Detentions  Supplies

November 19-20, 2002 Ideas under Consideration Extracurricular Cuts Athletics Assistant Athletic Director Weight Room Coordinator 6 th grade sports Assistant coaches Freshman sports Reduced supply budget HS Cheerleading Football Fine Arts 4 th -6 th grade play Assistant marching band Band uniforms for growth Supplies and travel

November 19-20, 2002 Ideas under Consideration Budget Savings  Increased Fees School Fee raised from $55 Activity Fee raised from $25 grades 7-12 Athletic Fee per sport  Move to the MidState Conference

November 19-20, 2002 How You Can Help Contact your legislators Share ideas with Board Members Support Referendum Fund Raising  Scrip Program  Education Foundation Consider running for the School Board  4 seats open April ’03

November 19-20, 2002 Questions