1. State Aid

2. State Aid makes up 31.4% or $9.7M of the District’s funding for the General Fund. Funding is based on previous year enrollment and expenditures. State Aid

3. How Does State Aid Work? Equalizes the financial resources of school districts across the state. Shifts reliance from local revenue sources to state revenue sources. State Aid

4. 2012-13 State Aid Formula Average Daily Membership X Basic Funding + Allowances/ Adjustments Adjusted Valuation X Local Effort Rate + Other Actual Receipts Other Considerations/ Allowances: Poverty Limited English Transportation Summer School Special Receipts Distance Education Teacher Education Averaging Student Growth Instructional Time Other Considerations/ Allowances: Poverty Limited English Transportation Summer School Special Receipts Distance Education Teacher Education Averaging Student Growth Instructional Time Other Formula Resources Net Option Funding Allocated Income Taxes Other Actual Receipts Minimum Levy Adjustment Retirement Aid Other Formula Resources Net Option Funding Allocated Income Taxes Other Actual Receipts Minimum Levy Adjustment Retirement Aid Needs Resources State Aid

5. State Aid Results/Projections 2008-092009-102010-112011-122012-13 State Aid$10,149,3528,274,1648,709,3569,380,90910,765,368 SFSF$1,064,4011,610,43300 Correction$208,822 174,192419,058302,704 Total$10,149,3529,338,56510,319,7899,739,96711,068,073 Change$810,787981,224998,8801,328,106 Formula Students 2,7822,7222,7722,8402,935 60506895 Scottsbluff Public Schools Budget Communication Note: NDE Calculates Formula Students with the fall membership count adjusted by the average ratio of ADM to Fall Membership from three prior years. Prior year corrections are based on end of year actuals in comparison to beginning of year numbers.

6.  Growth  Class Size  Poverty  Teacher Education State Aid

7. Where Does the Money Go? With the influx of Federal money in the form of State Fiscal Stabilization Funds and American Reinvestment and Recovery dollars we saw a decrease in aid from the state. Anticipating minimal growth in state funding, we worked hard to build our cash reserves in preparation for the “cliff effect”, where we strategically spend down these reserves until revenues are substantial enough to cover expenditures. Since this time, we have utilized approximately $2M of our reserves. Other areas for funding include:  Salary and benefit increases  Fixed Costs increases (such as utilities, insurance  Textbook adoptions (Science Fusion)  Security (Elementary cameras, card access) State Aid