1. Rochester Community School Corporation 2018 Budget presentation
August 21st, 2017
Rochester Community School Corporation Budget presentation

2. 2017 budget updates-REVIEW
SEA various legislative changes to the budget process
Goals: Provide Schools, Cities, Towns with more information (AV,Maximum Levies,etc)
Changes to Current Process- allows units to have more known information when working budgets- goal is to have upcoming year’s AV established by June 30th of prior year
Maximum Levies for Budget Year 2018 already rec’d
Units able to proactively prepare where necessary (reduce spending if necessary from June-December based on following year’s Max. Levy)

3. 2018 Budget Updates
HEA 1009
(Diagram Courtesy of H.J. Umbaugh & Associates)

4. 2018 Budget Calendar
August 22nd- Notice of Public Hearing to Appear in Gateway, Bus Replacement & CPF Plans provided to Rochester Sentinel (Notice appeared 8/30/17)
September 18th- Public Hearing
October 16th- Budget Adoption
Notice of Adopted CPF Plan to be Provided to Rochester Sentinel for Publishing
November 1st- Deadline to Advertise Approved Budget in Gateway (

5. Historical Review of Funds -End of Year Balances-
General
Debt Service
CPF
Transportation
Bus Replacement
Total
2012
$838,023.90
$1,316,401.83
$914,793.23
$477,145.27
$183,891.24
$3,730,255.47
2013
$848,392.97
$1,694,817.08
$513,760.44
$729,772.28
$207,336.14
$3,994,078.91
2014
$863,834.98
$1,489,635.24
$295,434.25
$863,265.00
$177,690.22
$3,689,859.69
2015
$418,603.52
$1,246,422.74
$849,608.03
$944,085.04
$230,287.68
$3,689,007.01
2016
$575,779.99
$1,842,291.96
$820,137.51
$1,121,508.04
$237,964.10
$4,597,681.60

6. 2017 Budget Review Year-Over-Year Assessed Value Increase
Fulton County-RCSC AV: 2014: $576,354,105
Fulton County-RCSC AV: $599,359,663 +4%
Fulton County-RCSC AV: $594,957, %
Fulton County-RCSC AV: $572,822, %
Fund
2016 Tax Levies
2017 Tax Levies
Difference
Debt Service
$3,034,876
$3,036,532
+$1,656
CPF
$1,465,379
$1,417,736
($47,643)
Transportation
$730,607
$714,310
($16,297)
Bus Replacement
$188,006
$195,332
+$7,326
Total
$5,418,868
$5,363,910
($54,958)

7. Rainy Day Fund 2018 Projected Expenditures
Program
Amount
610
60100-Transfer from One Fund to Another
$119,418
**Included in budget to receive appropriations to spend and/or transfer funds, if necessary
Beginning Balance (1/1/17)
$119,418
Revenues, Year-To-Date $0
Expenditures, Year-To-Date
Ending Balance (as of 7/31/17)

8. Rainy Day Fund 2018 Projected Revenues
Program
Amount
610
05200-Transfer from One Fund to Another $0

9. History of General Fund State Tuition Support
July ’13 – June ‘14
July ’14 - June ‘15
July ’15 - June ‘16
July ’16-June ‘17
$11,711,235
$11,912,992
$11,744,786
$12,132,342
Difference:
+ $201,757
($168,206)
+387,556
1760 Avg. ADM
1781 Avg. ADM
1802 Avg. ADM
1822 Avg. ADM

10. General Fund 2018 Projected Revenues
Program
Amount
100
Other
$85,944
Basic Grant
$12,184,920
Summer School Grant
$60,000
Total
$12,330,864
*Note- September 15, 2017 is the count day in which Average Daily Membership (ADM) is collected for the district. Students need only be enrolled, and not physically present in the building to be included in the District’s count.

11. General Fund 2018 Projected Expenditures
Program
Amount
100
11000
Primary, Secondary Education- Salaries, Benefits, Supplies
$8,928,186
12000
Specialized, Focused Education
$1,778,444
13000-Adult Basic Education
$7,200
1400-Summer School Education
$72,993
1600- Preventive Remediation, Remediation
$16,548
17000-Shared Services
$65,000
21000-Student, Counseling, Nurse, Speech Services
$877,086
Curriculum Services
$40,550
Library, Audio Visual Services
$264,285
Sub-Total
$12,050,292

12. General Fund 2018 Projected Expenditures (cont.)
Program
Amount
100
23000-Office of the Superintendent, Legal, School Board Services
$485,456
Office of the Principal Salaries, Benefits, Supplies
$1,002,194
Printing, Payroll, & Financial Salaries, Benefits, and Supplies
$103,921
Maintenance of Bldgs, Grounds, Equipment, Insurance, Salaries, Benefits, & Supplies
$1,028,307
Athletic Coaches, Salaries, Benefits
$185,530
43000-Professional Services
$5,000
Sub-Total from Prior Slide
$12,050,292
Total
$14,860,700

13. General fund- BUDGETARY UPDATES
Open enrollment just completed for Health Insurance
Corporation Contribution to Health Insurance Plans Absorbed 2% Increase
2017/2018 Certified Teacher Contract Schedule
10 Payrolls in 2017
16 Payrolls in 2018

14. Debt Service Fund 2018 Projected Revenues
Program
Total
200
Tax Levies
$3,906,372

15. Debt Service Fund 2018 Projected Expenditures
Program
Amount
200
QSB Interest
$194,000
Bond Principal
$2,687,000
Bond Interest
$510,000
Bond Registrars Fees
$12,000
Unreimbursed Textbooks
$60,000
Total:
$3,463,000

16. Capital Projects Fund 2018 Projected Revenues
Program
Amount
350
Tax Levies
$1,814,244
Total

17. Capital Projects Fund 2018 Projected Expenditures
Program
Amount
350
22360-Technology Salaries, Benefits, Network Support
$525,000
Maintenance & Buildings (HVAC, Phone)
$300,000
Maintenance of Equipment
$233,000
26700-Insurance
$75,000
Building Improvement
$225,500
Sports Facilities
$50,000
Purchase of Mobile, Fixed Equipment
$266,500
4900- Emergency Allocation
$175,000
Total:
$1,850,000

18. Transportation Fund 2018 Projected Revenues
Program
Account
410
01110-Tax Levies
$921,812
Total

19. Transportation Fund 2018 Projected Expenditures
Program
Amount
410
27010 Transportation Administration
$133,750
27100 Vehicle Operation
$467,900
*27200 Monitoring Services*
$42,100
27300 Vehicle Servicing, Maint.
$293,250
27500 Insurance- Busses
$26,500
27600 Insurance- Pupils
27900 Other Transportation Services
$10,000
Total:
$1,000,000

20. Bus Replacement Fund 2018 Projected Revenues
Program
Amount
420
01110-Tax Levies
$386,023

21. Bus Replacement Fund 2018 Projected Expenditures
Program
Amount
420
27400-Purchase of School Busses (3)
$360,000

22. 2018 Bus Replacement Plan SECTION I
Replacement Cost of Bus/Vehicle During Specific Year
Estimated Replacement Costs
Bus Description
Corp ID No.
Type of Bus/Vehicle per DOE "TN"
Owned or Leased
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029 1
Freightliner/Thomas 2001
Type C-72
Owned
$120,000 2
Freightliner/Thomas 2000 3
Freightliner/Thomas 2002 4
$125,000 5 6
Freightliner/Thomas-2003
$130,000 7 8
$135,000 9 10 11
Freightliner/Thomas-2011
Type C-66
$140,000 12
Freightliner/Thomas-2012
Type C-78 13
$145,000 14 15
Freightliner/Thomas-2013
$150,000 16 17
Freightliner/Thomas-2014
$155,000 18 19
Chevrolet 2014 Z1
Type- 14 Passenger
$75,000 20
Freightliner/Thomas-2015
$160,000 21
$165,000 22
Chevrolet Mini Bus 2015 Z2 23
Freightliner/Thomas-2017
$170,000 24
Freightliner/Thomas-2018 25
$175,000 26 27 28
Add additional sheets if necessary.
Replacement Cost Totals
$360,000
$250,000
$260,000
$405,000
$280,000
$290,000
$300,000
$310,000
$235,000
$240,000
$340,000
$700,000

23. Questions?
Next Steps of 2018 Budget Process:
Apply feedback obtained towards 2018 Budget
Upload Budget to Gateway for August 28th Notice to Taxpayers
Submit CPF & Bus Replacement Plans to Rochester Sentinel & Weekly Shopper