1. Budge t Berkeley County Schools FY 2016-2017 General Fund Budget Budget Development Presentation Ms. Brenda Blackburn, Superintendent Brantley Thomas, Chief Financial Officer Board Meeting February 23, 2016

2.  Jan. 14- Feb. 29: 90 day attendance report to Administrative Supervisors  Supervisors with the support of the Chief Academic Officer & Superintendent confirm and/or establish pupil/teacher ratios  January 19-11: Ways & Means Budget Subcommittee  February 15-19: House on furlough  February 22-25: Ways & Means Full Committee Budget  March 1-17: Appropriations Bill printed and on desk  March 21-24: House floor debate  March 28-April 1: House/Senate on furlough  March 31: Budget request expenditures due from principals to Chief Financial Officer  April 4-8: House on furlough  April 15: Cabinet will review and prioritize school and department budget requests  April 18:Proposed Board Workshop  April 29: Cabinet submits department budgets to Superintendent and Chief Financial Officer  May 20: Superintendent recommends budget to Board  May 24: Board Workshop prior to Board meeting  June 14: First reading of proposed budget  June 28: Public Hearing and Board approves budget Legislative and District Budget Calendars 1

3. HOW IS THE MONEY RECEIVED ? Berkeley County Schools General Fund Estimate FY 2015-2016 Berkeley County Schools General Fund Estimate FY 2015-2016 2

4. BASE STUDENT COST Fiscal YearBudget & Control BoardActualDifference 2003-2004$2,201$1,754$447 2004-2005$2,234$1,852$382 2005-2006$2,290 $0 2006-2007$2,367 $0 2007-2008$2,476 $0 2008-2009$2,578$2,191$387 2009-2010$2,687$1,757$927 2010-2011$2,720$1,615$1105 2003-2004$2,790$1,880$910 2012-2013$2,790$2,012$778 2013-2014$2,771$2,101$670 2014-2015$2,742$2,120$622 2015-2016$2,801$2,220$581  School funding lags behind what the law says student cost should be 3

5. BASE STUDENT COST – FUNDED VS. ACTUAL Budget and Control Board: What the law says the student cost should be Actual: What BCSD actually received in terms of funding

6. Comparative Analysis on per student Spending 5

7. South Carolina School District Millage Rates Berkeley County School District is listed in the second to last bracket concerning Millage rates, with millage rates in the 178.31 – 230.10 range. Compared to neighboring and other state districts: Dorchester 4: 230.11- 281.90 Richland 2: 333.71- 385.50 York 1: 281.91- 333.70 6

8. INSITE Comparative Data on School Spending 7

9. Loss At Risk Student Learning Rolled Up into the Base Student Cost (EFA) $2,321,856.59 = $ 580,464.15 High Achieving Students Rolled Up into the Base Student Cost (EFA) 826,572.03 = 206,643.00 K-5 Enhancement (Lottery) Rolled Up into the Base Student Cost (EFA) 957,244.27 = 239,311.07 Total $ 1,026,418.22 Base Student Cost should be $2,801 and is $2,220 for a $581 difference $21,519,385.90 Elementary School Nurse Allocation = $741,460 Cost is $1,275,000 533,540.00 Electronic Textbook Funding 513,363.00 EEDA Career Specialist Allocation = $847,700 Cost is $1,267,000 419,300.00 Total $22,985,587.90 Grand Total $24,012,006.12 Losses in State Funding FY 2015-2016 8

10. Estimated (Pre –Act 388 ) Assessed Value of Owner Occupied Homes 4 % Property Operating Mills $304,092,180 159.9 Estimated Operating Revenue $48,624,340 Tax Relief Since 1995 Tier I ( First $100,000 Exempt) Tier II (Homestead Exemption) Tier III (Act 388 ) 7,891,272 1,860,174 27,252,237 Total Current Estimated$37,003,683 Lost in Revenue due to Act 388 $(11,620,657) FY 2015-2016 Act 388 Analysis 9

11. Local Funding Stress - Fee in Lieu of Taxes (FILOT) 10

12. FY 16 BUDGET PRIORITIES: FUNDED/ NOT FUNDED Funded Priorities 15/16 Step $5,000,000 Option One Salary Schedule $3,000,000 FTE Per Formula$2,574,340 Part 2 FTEs Per Formula$1,277,805 4 School Psychologists$400,000 4 Registered Nurses (RN)$240,000 5 FTE Special Needs Teachers$325,000 3 FTE ESOL Teachers$195,000 1 Additional SRO (GCHS)$50,000 Nexton Elem. (School Opening) $1,000,000 Philip Simmons Elem and Middle Admin (Start up) $122,544 Bus Driver Raise ($1.00)$460,000 Total: $14,644,689 Not Funded Priorities Increase School Supplies$300,000 6 Lab Assistants/ Elementary$165,000.5 FTE Adult Education$35,000 3 FTE Maintenance$125,000 1 FTE Social Worker$65,000 3 FTE Interpreters$101,250 Transportation Routing Coordinator $50,000 1 FTE Diesel Mechanic$50,000 1 FTE Administrative Assistant/ Leadership and Development $50,000 1 FTE Teacher Evaluator Total $70,000 $1,011,250 11

13. BERKELEY COUNTY SCHOOLS GENERAL FUND BUDGET FY 2015-2016 Budget FY 2016-2017 Budget Revenue (159.9 Mills) $238,224,042 12

14. BUDGET CONSIDERATIONS THAT WILL IMPACT DECISIONS  Strategic Plan  Growth  Consideration for employee compensation improvement  Restoration of previous budget reductions  Technology enhancements  Considerations for cost savings  Payoff of the 2008 Certificates of Participation relieve $2.5 million dollars for reallocation  A potential budget increase of $2.9 million dollars based on the proposed new Base Student Cost  A loss of $647,750 due to a legislative cap of the 15-16 Base Student Cost 13

15. BUDGET CONSIDERATIONS THAT WILL IMPACT DECISIONS  Equity Law Suit  Underfunded/Unfunded Mandates  Act 388 Millage  Act 388 estimated increase– $385,717  Value of property assessments  Fee in lieu of taxes (FILOT)  School and department budget requests  Increase in cost of employee fringe benefits  Cost of opening new schools  Philip Simmons Elementary  Philip Simmons Middle  Philip Simmons High  Tanner/Foster Creek  Fox Bank Elementary 14

16. Next Steps  Monitor state and legislative web sites for additional information  Monitor local assessments for additional information  Hold Board Budget Workshops  Engage the schools and departments in budget development  Engage community stakeholders in the process  Meet with state and local officials  Hold Public Hearing- June 28, 2016. 15

17. Questions? 16