1. Presented by: Tish Grill
2013 – 2014 BUDGET HEARING
Presented by: Tish Grill

2. 2013 – 2014 Budget Hearing Proposed Revenue Proposed Budget
Budget Cuts
Average Daily Attendance
Debt Obligation
Tax Rate Information
Timelines
Questions

3. Revenue 13-14 Budget 12-13 Budget Net Change Property Taxes
$14,714,226
$14,533,265
$180,961
Interest on Investments
$173,525
$178,525
-$5,000
Local Revenue
$97,250
$123,500
-$26,250
State Revenue
$2,370,366
$2,572,739
-$202,373
Federal Revenue
$24,500
$12,000
$12,500
TOTAL REVENUE
$17,379,867
$17,420,029
-$40,162

4. State Revenue 13-14 12-13 Net Change Average Daily Attendance 2200
2213
-13
Weighted Average Daily Attendance
2984
2963
-21
ASATR $0
$456,693
-$456,693
SB 1
$485,000

5. Instruction Budget 56.3% Functions 11, 12, and 13
Payroll Cost $9,258,597
Contracted Services $139,340
Supplies and Materials $332,745
Operating Expenses $64,322
Total Instruction Budget $9,795,004
56.3%

6. Instructional Support Budget
Functions 21, 23, 31, 33, 36
Payroll Cost $2,309,698
Contracted Services $134,210
Supplies and Materials $145,656
Operating Expenses $223,197
Total Instructional Support Budget $2,812,761
16.1%

7. Central Administration Budget
Function 41
Payroll Cost $310,850
Contracted Services $84,403
Supplies and Materials $11,352
Operating Expenses $47,450
Total Central Administration Budget $454,055
2.6%

8. District Operations Budget
Function 34, 35, 51, 52, and 53
Payroll Cost $2,018,175
Contracted Services $885,836
Supplies and Materials $569,044
Operating Expenses $13,442
Total District Operations Budget $3,486,497
20%

9. Debt Payment Budget <1% Function 71
Debt Principal and Interest $81,890
Total Debt Budget $81,890
<1%

10. Other Operating Budget
Function 61, 81, 91, 99, and 00
Contracted Services $401,095
Supplies and Materials $3,650
Capital Improvements $76,635
Transfers Out $268,280
Total Other Operating Budget $749,660
4.3%

11. 2013 – 2014 Proposed Budget Total Proposed Budget $17,379,867
Payroll Cost $13,897,320
Contracted Services $1,644,884
Supplies and Materials $1,062,447
Operating Expenses $348,411
Debt Payments $81,890
Capital Improvements $76,635
Transfers Out $268,280
Total Proposed Budget $17,379,867

12. 2013 – 2014 Proposed Budget PROPOSED BALANCED BUDGET
Proposed Revenue $17,379,867
Proposed Appropriations $17,379,867
PROPOSED BALANCED BUDGET

13. District Budget Cuts 13-14 Budget 12-13 Budget Seques- tration
Net Change
General Operating Budget
$17,379,867
$17,763,961
N/A
-$384,094
NCLB
$578,166
$644,581
-$38,675
-$105,090
IDEA.B
$417,327
$502,658
-$30,159
-$115,490
Carl D. Perkins (CATE)
$22,127
$32,231
-$1,934
-$12,038
Title VI (Rural Area Grant)
Not Available
$49,312 $0
-$49,312
Head Start
$76,800
$82,000
-$5,200
TOTAL BUDGET CUTS
-$671,224

14. Average Daily Attendance

15. Debt Obligation

16. Tax Rate Information

17. Timeline
June 17, 2013 Adopt Budget and End of Year Budget Amendment July 25, 2013 Certified Property Appraisals August 28, 2013 Advertisement for Tax Rate Hearing and Tax Rate Adoption September 4, 2013 Advertisement for Tax Rate Hearing and Tax Rate Adoption September 9, 2013 Tax Rate Hearing September 9, 2013 Tax Rate Adoption October 14, 2013 Budget Amendment if necessary

18. Enrollment Attendance Attrition
Looking Ahead to
Enrollment Attendance Attrition

19. QUESTIONS?