1. TWO RIVERS PUBLIC SCHOOL DISTRICT 2017-18 BUDGET HEARING

2. KOENIG
MAGEE
Proj
Kindergarten
Enrollment 49 38 13 69 68 17 12 18 16
Staff 3 4
Grade 1 50 79 73 19
Grade 2 45 40 14 78 82 21
Grade 3 44 92 20
Grade 4 47 24 77 90 23 22 2
TOTALS
222
219
395
391 4K
104 86
4K Sites: Creative Learning 6
Head Start, Koenig,
Early Childhood 15 11
Good Shepherd,and
Tiny Treasures
120
108 8 7
Grades 1-4
510
522 26 27

3. Lighthouse Learning Academy Lighthouse Learning Academy
L.B. Clarke
Proj
TRHS
Grade 5
117
127
Grade 9
114
Grade 6
137
121
Grade 10
116
Grade 7
129
142
Grade 11
108
111
Grade 8
101
126
Grade 12
120
TOTALS
484
516
478
461 4K 2 1
Kindergarten
Grade 1 3 6
Grade 2
Grade 3 5
Grade 4 4 7 10 54 68
Enrollment
104 86
Staff
Early Childhood 15 11 8
Grades 1-4
511
522 26 27
Grades 5-8
501
Grades 9-12
499
491
TOTAL
1,750
1,734
Lighthouse Learning Academy
Lighthouse Learning Academy
The totals in this area include the Lighthouse Learning Academy

4. 2017-18 BUDGET SUMMARY General Fund Budget $18,430,316
Tax Levy (all funds) $5,266,801
Projected Tax Levy (all funds) $5,341,207
Total Tax Levy Increase $ 74,406
% of Tax Levy Increase %
Fund 10 Increase $6,241
Fund 38 Increase $15,690
Fund 39 Increase $31,850
Fund 80 Increase $20,625

5. MILL RATE COMPARISON 2017-18 2017-18 2016-17 LEVY Mill Rate Mill Rate
LEVY Mill Rate Mill Rate
Projected Operating Levy $2,804, $ $4.98
Debt Service Levy (Fund 39):
2011 Bonds ,531,
2013 Bonds ,
2017 Bonds ,
Debt Service Levy (Fund 38):
2013 Bonds $238,
2015 Bonds ,
Community Service Fund Levy
(School Resource Officers) $134,
Projected Tax Levy $5,341, $ $9.38
Tax Levy $5,266, $9.38
Projected Increase in Mill Rate $0.03
Projected Increase in Tax Levy $74,406
Based on an estimated 1.034% increase in equalized value of property.

6. Energy Efficiency Exemption
REVENUE LIMIT EXEMPTION BACKGROUND: 2011 Wisconsin Act 32 and 2013 Wisconsin Act 20 provided that the revenue limit for the school year is increased by the amount spent by the school district in that school year on a project to implement energy efficiency measures or to purchase energy efficiency products including the payment of debt service on a bond or note issued to finance the project if the project results in the avoidance of, or reduction in, energy costs or operational costs.
The tax levy included $66,984 for energy efficiency project debt payments.

7. ENERGY EFFICIENCY EXEMPTION
§ (4) (o) Revenue Limit Exemption for Energy Efficiencies-Evaluation of the Energy Performance Indicators
ENERGY EFFICIENCY EXEMPTION
§ (4) (o) Revenue Limit Exemption for Energy Efficiencies-Evaluation of the Energy Performance Indicators
Name of Qualified Contractor
CESA 10
Performance Contract Length (years)
7 years
Total Project Cost (including financing)
$1,131,658
Total Project Payback Period
35.6 years
Years of Debt Payments 7
Remaining Useful Life of the Facility
60 years
Prior Year Resolution Expense Amount
Fiscal Year
2017
$66,984
Prior Year Related Expense Amount or CY debt levy
Utility Savings applied in Prior Year to Debt
Sum of reported Utility Savings to be applied to Debt
$ ,376
Savings Reported for 2017
Specific Energy Efficiency Measure or Products
Project Cost Including Financing
Utility Cost Savings
Non-Utility Cost Savings
Condensing Boiler Replacement L.B. Clarke
$ ,453
$ ,275
$ ,752
Condensing Boiler Replacement Magee
$ ,288
$ ,316
$ ,523
Unit Vent Replacement Magee
$ ,461 $
$ ,261
Hot Water VSDs L.B. Clarke
$ ,265 $ $
Hot Water VSDs Magee
$ ,024 $
Digital Controls L.B. Clarke
$ ,980
$ ,635 $
Digital Controls/Unit Vent Refurbish Magee
$ ,748
$ ,143
CESA Fee
$ ,439
Entire Energy Efficiency Project Totals
$ ,131,658
$ ,391

8. HISTORY OF TAX LEVY AND MILL RATES
School Year
Tax Levy
Equalized Tax Rate
5,658,665
9.71
5,747,267
9.69
5,782,468
5,893,686
9.49
6,195,497
6,069,695
9.92
5,979,398
9.91
6,020,330
10.39
5,764,329
10.18
5,735,733
10.24
5,759,017
10.46
5,266,801
9.38
5,341,207
9.41

10. Year
Equalization Aid
$13,882,530
$14,175,180
$14,553,143
$14,578,695
$13,941,129
$13,711,359
$12,465,898
$11,909,640
$12,369,222
$12,548,214
$12,532,619
$13,074,572
$13,037,844

14. OPEN ENROLLMENT School Year Revenue Expense Net 2004-05 $199,734
$103,844
$95,890
$250,035
$121,723
$128,312
$300,847
$121,470
$179,377
$277,682
$218,178
$59,504
$331,170
$272,178
$58,992
$340,892
$349,094
($8,202)
$371,686
$353,062
$18,624
$343,349
$443,556
($100,207)
$345,222
$426,375
($81,153)
$350,298
$533,285
($182,987)
$391,221
$543,539
($152,318)
$554,424
$675,327
($120,903)
$644,034
$638,147
$5,887

16. LIGHTHOUSE LEARNING ACADEMY
Programming for Two Rivers residents and open enrolled students
Student enrollment – 68
Range 4K – 12
Current programming: virtual, home-school and/or blended

17. FUND 10 BUDGET INCREASE INFORMATION
Actual General Fund Expenditures $17,908,359
Budgeted General Fd Expenditures $18,430,316
Less: Amount budgeted from Fund Balance ($175,000)
Net Expenditures-Excl. Fund Balance $18,255,316
TOTAL BUDGET INCREASE $346,957
% BUDGET INCREASE %

18. BUDGET CUTS / SAVINGS TO BALANCE THE 2017-18 BUDGET
Reduction of Health Insurance Increase through Negotiations, Plan Changes $186,179
Projected IDEA Flow Thru Deficit for (43,324)
Rollover Savings from Building Budgets and other Budgets from ,000
Additional Curriculum Expenditures - Pay from Fund Balance ,000
Budget Savings - Reduce salary increases from 2% to 1.26% ,678
Retirement Savings - Guidance Counselor at Two Rivers High School ,230
Reduce District Payment of School Resource Officers - Increase Fund 80 Tax Levy ,000
Retirement Savings – Special Education Paraprofessional – not replaced ,280
Special Education Teacher Replacement Savings – LB Clarke Middle School ,070
TOTAL BUDGET CUTS / SAVINGS: $470,113

19. FUND 73 – EMPLOYEE BENEFIT TRUST FUND SUMMARY
Balance of the trust – June 30, $607,890.10
Investment Return – June 30, $9,985.20
Contributions – July 1, 2016 to June 30, $382,136.96
Distributions – July 1, 2016 to June 30, $357,171.91
Investment Manager:
Trust Administrator: MidAmerica Administrative &
Retirement Solutions, Inc.
Custodians of the Trust: AUL – Rate of Return 1.60%

20. FUND 10 - FUND BALANCE SUMMARY
BEGINNING FUND BALANCE $3,405,351
Budgeted Revenue - General Fund ,255,316
Budgeted Expenses - General Fund (18,430,316)
BUDGETED ENDING FUND BALANCE $3,230,351
FUND BALANCE APPROPRIATION:
Curriculum Expenditures in School Year $75,000
Rollover of Budgets from School Year ,000
TOTAL FUND BALANCE APPROPRIATION $175,000