1. 2004-05 Proposed Budget Gadsden Independent School District Preliminary Budget Presentation Presented by: Ron Haugen, Superintendent

2. 2004-05 Estimated Revenues  State Equalization Guarantee Unit Value Increases to $3,035.15 2% increase from 2003-04 2003-04 value revised at $2,976.20 Overall increase for Gadsden $5,033,000

3. 2004-05 Estimated Revenues 2004-052003-04 SEG$74,531$69,497 Other Revenues 662 766 Net Revenues$75,193$70,263 Cash Balances 2,000 6,568 Net Resources Avail.$77,193$76,799 Note: Cash Balance DECREASE

4. 2004-05 Other Impacts on Revenue  Increase in Fine Arts Funding  Growth Units increase  Decrease in T&E From 1.056 to 1.051  Decrease in Risk Factor From.113 to.106

5. 2004-05 Budget Impacts  2% recommended increase for staff  Mandatory floor for Level I and Level II teachers $30,000 minimum (District has met) $35,000 minimum (Employees must meet level or be removed from teaching position)  Slight increase in health benefits

6. 2004-05 Budget Impacts  Increase in campus staffing due to: New Schools Additional staff for growth.  Increases in staff due to: Audit Recommendations Instructional Recommendations Special Ed Compliance Other Recommendations

7. 2004-05 Budget Impacts  Increase in increments Athletics – 4% Campus Increments – 2%

8. Additional Information  Update on May 13, 2004 Board Meeting  Due Date to SDE on May 21