SHEFFIELD CITY SCHOOLS ANNUAL BUDGET FISCAL YEAR

TOTAL BUDGET $12,848,821 FY $13,337,443 before proration

$6,543,021 – %  FOUNDATION PROGRAM  SCHOOL NURSES PROGRAM  TECHNOLOGY COORDINATOR  SALARIES - 1% PER ACT  TRANSPORTATION  CAPITAL PURCHASE  AT RISK  PRESCHOOL PROGRAM FY $6,790,294 51%

$2,730,516 – 21.25%  CHILD NUTRITION PROGRAM  TITLE I, II  SPECIAL EDUCATION & PRESCHOOL  HISTORY GRANT  21 st CENTURY PROGRAM  AMERICAN RECOVERY AND REINVESTMENT ACT (ARRA) INCLUDES $234,000 “JOBS” FUNDS FY $2,860,694 21% w/ $350,000 FY10 carryover

$3,575, %  COUNTY AD VALOREM TAXES  COUNTY SALES TAXES  COUNTY ALCOHOL BEVERAGE TAXES  CITY ADVALOREM TAXES  CITY COUNCIL APPROPRIATIONS  TVA IN LIEU OF TAXES  DISTRIBUTIONS FROM WILLSON TRUST  LOCAL SCHOOL -PUBLIC AND NON-PUBLIC  EDUCATION FOUNDATION CONTRIBUTIONS FY $3,686,455 28%

Expenditures $12,393,885 FY $13,126,980

$8,430,438– 68.1%  SALARIES & BENEFITS -TEACHERS AND AIDES  CLASSROOM INSTRUCTIONAL SUPPORT  SUBSTITUTE TEACHERS  GUIDANCE & COUNSELING  MEDIA SERVICES  PRINCIPALS AND SCHOOL OFFICES  CURRICULUM DEVELOPMENT FY $9,107, %

$1,134,673 – 9.1%  SECURITY SERVICES - ALARMS  BUILDING SERVICES - UTILITIES, JANITORIAL SUPPLIES MAINTENANCE & REPAIRS  GROUNDS SERVICES - LAWN & ATHLETIC FIELD MAINTENANCE  VEHICLE SERVICES - BUSES & TRUCKS FY $1,122, %

$85, %  STUDENT TRANSPORTATION SERVICES * INSTRUCTIONAL (VOCATIONAL SCHOOL) * EXTRACURRICULAR (ATHLETICS & FIELD TRIPS) $869,426 – 7.0%  CHILD NUTRITION PROGRAM * SALARY AND BENEFITS * PREPARING AND SERVING SUPPLIES * FOOD FY $876,945 – 6.7% FY $88,496 – 0.70%

$766,474 – 6.2%  SUPERINTENDENT’S OFFICE  EXECUTIVE ADMINISTRATIVE SERVICES - ASST. SUPERINTENDENT &- FEDERAL PROGRAM ADMINISTRATION - SPECIAL ED. AND TESTING COORDINATOR  BUSINESS SUPPORT SERVICES - CSFO; ACCOUNTING/PAYROLL; SDE REPORTS AND DATA COLLECTIONS  SYSTEM-WIDE SUPPORT SERVICES - EMPLOYEE LIFE INSURANCE - PROPERTY AND LIABILITY INSURANCE - LEGAL FEES; AUDITOR’S FEES; ASSOCIATION DUES  GRANT ADMINISTRATION - LEARN & SERVE; 21 ST CENTURY; HISTORY GRANT  SHEFFIELD EDUCATION FOUNDATION OFFICE FY $917, %

$164,784 – 1.33% $100,000 FY10 STATE CAPITAL OUTLAY $64,784 FY11 STATE CAPITAL OUTLAY  LAND IMPROVEMENT  BUILDING IMPROVEMENT  TECHNOLOGY FY $269, %

$60, %  REHABILITATING, RENOVATING, REPAIRING EXISTING FACILITIES  CENTRAL OFFICE BUILDING FY $80,729.6%

$260,000 – 2.1%  Willson HVAC *$60,000 Annual payment for 20 years  2001 QZAB Bond Issue *$200,000 Annual payment - $200,000 balance - Will pay out April 2011  2005 QZAB Bond Issue * No Annual Payment - Secured with 17 year T-bill FY $260,000 2%

$621,848 – 5%  PRESCHOOL PROGRAMS  COMMUNITY EDUCATION  EDUCATION FOUNDATION FY $404,265 3%

 TOTAL SALARIES $7,143, %  TOTAL BENEFITS $2,838, %  GRAND TOTAL $9.981, %  UTILITIES $ 431, %  CAPITAL OUTLAY $ 225, %  CNP SUPPLIES $ 442, %  DEBT SERVICE $ 260, %  BUILDING SERVICES $ 119,100.9%  STATE CLASSROOM SUPPLIES $ 17, %  OTHER CLASSROOM SUPPLIES $ 101,000.8%  PURCHASED SERVICES $ 298, %  PASS THRU TO CNP $ 238, %

REVENUE CHANGES:  Local taxes – Ad valorem and sales taxes  City Appropriation  Grants  State allocations – Proration EXPENDITURE CHANGES:  Legislative mandates - Benefits (retirement)  Non-completion of capital projects  Unexpected building maintenance - roof, HVAC, plumbing  Additional program cost

TOTAL RESERVE Budget

SITUATIONS AFFECTING RESERVE BALANCE T FY09-10 OPERATIONS ARE OVER BUDGET T PRORATION IS DECLARED T 5% PRORATION IS PROJECTED BY STATE T MY GUESS: PRORATION WILL BE 7% T EACH 1% WILL COST SCS ABOUT $60,000 T PERSONNEL CHANGES T INCREASE OF OPERATING COSTS, SUCH AS UTILITIES, PROPERTY INSURANCE, AND MAINTENANCE OR REPAIRS OF FACILITIES