1. Kingsport City Schools
FY Budget Presentation To: City of Kingsport Board of Education May 2, 2017

2. FY 2017-18 BUDGET State Revenue BEP Funds
We have received the revised April Estimate of BEP funds. The estimate is $29,482,000.
The FY 18 estimate is $1,523,000 greater than the FY 17 actual amount.
There has been $100,000 added to the April estimate. This is for additional funds to be received in January for an anticipated health insurance premium increase.

3. FY 2017-18 BUDGET County Revenue Property Taxes Pick Up Taxes
The current estimate of $19,300,000 is an increase of $1,100,000 over this year’s estimate.
The estimate is based on a 1% increase in assessed value.
The estimate has also been adjusted for an increase in the ADA% of 0.25%.
Pick Up Taxes
The estimate for Pick-Up Taxes as been increased by $100,000.

4. FY 2017-18 BUDGET County Revenue Sales Tax
The estimate of $9,770,000 is $727,000 more than the current year estimate of $9,043,000.
The estimate is based on an actual FY 17 amount of $9,460,000, with a 2.5% increase in collections.
The estimate has also been adjusted for an increase in the ADA% of 0.25%.

5. FY 2017-18 BUDGET Transfers from the City of Kingsport:
For Operations: The recommended budget includes an increase for Transfers from the City for Operations of $113,900. The amount included is $10,465,300. The City Manager has implemented an annual adjustment based on the Consumer Price Index.
For Debt Service: The amount included for Transfers for Debt Service has increased by $214,350, for a new amount of $3,264,500.

6. FY 2017-18 BUDGET Revenue Summary
Current FY 18 Revenue Estimate $76,451,800
Revised FY 17 Revenue Estimate ,729,950
Increase $ 3,721,850

7. FY 2017-18 BUDGET Expenditures Step Increases
Teacher Step Increases ($300 Steps) $534,300
Classified Step Increases (2% Steps) 157,800
Total Costs of Step Increases $692,100

8. FY 2017-18 BUDGET Expenditures Salary Improvements
Teacher $1,150 Scale Adjustment ,200
Classified 2% Scale Adjustment ,100
Total Salary Improvements $1,044,300

9. FY 2017-18 BUDGET Expenditures New Positions
High School Regular Ed Teachers - 2 $139,000
High School Special Ed Teacher ,500
High School CTE Teacher ,500
High School Counselor ,500
Secondary STEM Teacher ,500
DB Excel Teachers – ,000

10. FY 2017-18 BUDGET Expenditures New Positions Cora Cox Teacher 69,500
Cora Cox Teaching Assistant ,400
Middle School Related Arts Teacher ,500
Middle School Special Ed Teacher ,500
Interim Teacher ,500
(RNR Principal Leave of Absence)
Elementary STEM Teacher ,500

11. FY 2017-18 BUDGET Expenditures New Positions
Elementary Regular Ed Teachers – 3 $208,500
Elementary Teaching/Library Asst – ,850
Special Ed Pre-K Teachers – ,000
System-Wide ESL Teacher ,500
Chinese Teacher ,000
Regular/Special Ed Bus Drivers – ,050
Maintenance Worker ,700

12. FY 2017-18 BUDGET Expenditures Other Personnel Increases
Nursing Pay Increase – 4th of 4 phases $ 49,550
Absorb a Portion of Grant Salaries ,150
Director of Professional Development - 50%
Truancy Prevention Specialist %
Senior Accountant - 10%
Coaching Supplements (Annual Step Increase) 63,050
(Includes 3 new positions HS Asst. Track-1, MS Asst. Football-2)
Funds for Crossing Guards ,000

13. FY 2017-18 BUDGET Expenditures Other Personnel Increases
School Resource Officers $ 14,450
Health Insurance Premium - 7% ,500
Worker’s Compensation Insurance ,800

14. FY 2017-18 BUDGET Expenditures Other Increases
C & I Instructional Supplies $85,000
C & I Naviance Software ,000
Establish Budget for Cora Cox 16,250
Cora Cox Odysseyware Software 15,000
DBE Design Lab Equipment 25,000
DBE On-Line Funds ,700

15. FY 2017-18 BUDGET Expenditures Other Increases
School Allocations (Enrollment) $69,400
Special Ed/CTE – Supplies/Equipment ,900
Staff Development Funds ,000
Middle School Athletics ,600
ASC Condo Expense ,000
Trustee’s Commission ,000

16. FY 2017-18 BUDGET Expenditures Other Increases
Maintenance Expenses $ 56,000
Vehicle Maintenance ,900
Utilities ,000
Liability Insurance ,800
DBE Lease Payments 171,000
Capital Improvement Funds 50,000

17. FY 2017-18 BUDGET Expenditures Summary of Increases
Step Increases/Salary Improvements $1,736,400
New Positions ,217,500
Other Personnel Increases ,500
Academic Expenses ,850
Operational Expenses ,700
Capital Expenses ,000

18. FY 2017-18 BUDGET Budget Summary Proposed FY 18 Budget $76,451,800
Original FY 17 Budget ,729,950
Increase $ 3,721,850

19. School Nutrition Services Fund FY 2017-18 Budget
The budget for totals $4,369,600.
The School Nutrition Service fund continues to be self-supporting.
The budget continues to waive the fee charged to students that qualify for reduced-price meals.
The FY budget does not include student meal price increase, but does include a $0.25 increase for adults.
There is an appropriation from Unreserved Fund Balance in the amount of $750,000. These funds will be used to fund serving line replacements at Dobyns-Bennett.

20. Federal Projects Fund FY 2017-18 Budget
Title I $1,738,292
Title I – Neglected ,975
Consolidated Administration ,409
Title II ,367
Title III ,820
IDEA Part-B ,587,537
IDEA Pre-School ,128
IDEA ,880
Carl Perkins ,786
Total $3,943,194

21. School Special Projects Fund FY 2017-18 Budget
Coordinated School Health $ 123,050
Family Resource Center ,000
Homeless Education ,778
Lottery After-School Grant ,000
State Pre-School Grants ,322
Safe Schools ,080
Summer STEM Camp ,000
Transition School to Work ,302
Truancy Intervention ,720
Total $1,261,652

22. FY 2017-18 Budget Summary General Purpose School Fund $76,451,800
School Nutrition Fund ,369,600
Federal Projects Fund ,943,194
School Special Projects Fund ,261,652
Total All School Funds $86,026,246