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Sioux Central Community Schools 7:00 P.M. March 20, 2017

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Presentation on theme: "Sioux Central Community Schools 7:00 P.M. March 20, 2017"— Presentation transcript:

1 Sioux Central Community Schools 7:00 P.M. March 20, 2017
FY Budget Proposal Sioux Central Community Schools 7:00 P.M. March 20, 2017

2 Sioux Central Community Schools
Board of Education: Lori Krummen - President Liza Gunnerson - Vice-President Randy Ripke - Member Kevin Lindquist - Member Michelle Patten - Member Working Document Prepared by: Scott Williamson - Superintendent Jenna Falline- Board Secretary Joyce Morgan- Business Manager

3 Sioux Central Community Schools
“The General Operating Fund Budget is Substantially Influenced in Terms of Total Budget Authorization and Funding Components by Iowa Statutes.” Iowa Statutes

4 Sioux Central Community Schools “Committed to Maximizing Student Potential”
Mission Statement Belief Statements Student Achievement Goals Standards & Benchmarks APR and CSIP Programs and Activities Board / Staff / Parents / & Community Campus & Facilities Equipment & Supplies Resources Maintenance Development & Improvement

5 Maximum Authorized Budget
Sioux Central’s Maximum Authorized Budget for General Fund Expenditures, Also Known as Total Spending Authority (“TSA”) is Calculated as Follows:

6 Total Spending Authority
These numbers are located on section 17 of the Aid & Levy Worksheet Must use Paste Special on the top of the page to create a link properly.

7 Total Spending Authority (TSA)
Limits $$$ School District Can Spend Represents Legal or Statutory Budget Limit Unused TSA Carries Over to Next Year as Unspent Balance Overspending TSA is Violation of Statutory Authority Unspent Balance is not Cash Unspent Balance = Unused TSA

8 Combined District Cost (CDC)
Formula Driven Weighted Enrollment x District Cost Per Pupil as Determined by State ($6,679) based on 1.11% increase of SSA Aid & Levy Worksheet Calculates Formula

9 Miscellaneous Income From Federal, State & Local Sources
Many Sources are Categorical or Restricted Purpose Funds Varies According to Sources & Levels of Funding

10 Examples of Miscellaneous Income
Non-CDC General Fund Revenue Federal Monies Transportation Reimbursement Educational Improvement Enrichment State Grants Interest Income ISCAP Investment Surplus SBRC Additional Allowable Growth Class Size Funding from State/Federal Student Fees Rental Fees Open Enrollment Tuition

11 Board Directed Programs & Levies
General Fund 5-Year Instructional Support Program At-Risk Program MAG Cash Reserve Levy Special Education Deficit Special Revenue Funds 33¢ Physical Plant & Equipment Levy Management Levy

12 Voter Directed Programs & Levies
General Fund 10 Yr. Instructional Support Program Special Revenue Funds $1.34 Physical Plant & Equipment Levy Playground Levy Debt Levies County Sales Tax & Statewide Penny

13 General Fund Revenues

14 Property Tax Levy for the 2016-2017 GF Budget

15 Property Tax Levies for the 2017-2018 Special Revenue Funds

16 FY Total Tax Levy

17 Enrollment

18 Enrollment

19 Unspent Balance

20 Proposed Budget Tax Rates with SSA @ 1.11% is $12.28
General Bond $12.20 was the rate we stated to stay below Lower the property tax rate of either or all levies below. PPEL Management Fund Debt Service Instructional Support Levy

21 The End


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