1. Initial Submission March 27, 2018
Budget
Initial Submission
March 27, 2018

2. Budget Highlights
Additional World Language Teacher at the Middle School
Chinese Language Program at the High Schools
B Teams at the Middle Schools
Five Additional Full Time Campus Police Officers

3. 2018-19 Budget Summary Actual Current Proposed Budget Budget Category
Difference %
Salaries
99,202,336
105,977,844
107,707,359
1,729,515
1.6%
Benefits
34,576,769
39,314,758
43,036,204
3,721,446
9.5%
Other
44,517,210
50,572,119
49,565,391
(1,006,728)
-2.0%
178,296,315
195,864,721
200,308,954
4,444,233
2.3%

4. 2018-19 Budget Expenditures Actual Current Proposed Budget
Budget Category
Difference %
REGULAR EDUCATION
52,401,189
56,191,995
58,231,311
2,039,316
3.6%
TOTAL SPECIAL EDUCATION
18,943,957
19,911,494
20,180,615
269,121
1.4%
TOTAL BASIC SKILLS/BILINGUAL
3,042,715
3,256,031
2,970,916
(285,115)
-8.8%
TOTAL EXTRA/ATHLETICS
2,315,141
2,499,533
2,677,124
177,591
7.1%
OTHER INSTRUCTIONAL PROGS
17,914
30,000 -
0.0%
TOTAL EDUCATION COSTS
76,720,916
81,889,053
84,089,966
2,200,913
2.7%

5. 2018-19 Budget Expenditures Actual Current Proposed Budget
Budget Category
Difference %
OUT OF DISTRICT TUITION
8,886,093
9,449,520
10,151,678
702,158
7.4%
STUDENT SERVICES
15,637,571
16,536,259
16,561,706
25,447
0.2%
MEDIA & INSTRUCTION
2,474,591
3,145,623
3,181,265
35,642
1.1%
ADMINISTRATION
14,305,493
14,886,813
14,797,695
(89,118)
-0.6%
FACILITIES & SECURITY
10,715,443
14,001,429
13,813,103
(188,326)
-1.3%
TRANSPORTATION
10,593,771
11,971,639
12,218,678
247,039
2.1%
EMPLOYEE BENEFITS
34,576,769
39,314,758
43,036,204
3,721,446
9.5%
TOTAL SUPPORT/OPERATIONAL
97,189,731
109,306,041
113,760,329
4,454,288
4.1%

6. 2018-19 Budget Expenditures Actual Current Proposed Budget
Budget Category
Difference %
EQUIPMENT
185,650
693,125
100,000
(593,125)
-85.6%
CONSTRUCTION
300,688
580,906
290,000
(290,906)
-50.1%
TRANSFER FROM CAP RESERVE -
2,648,250
2,000,000
(648,250)
-24.5%
LPA/SDA ASSESSMENT
3,899,330
747,346
68,659
(678,687)
-90.8%
TOTAL CAPITAL OUTLAY
4,385,668
4,669,627
2,458,659
(2,210,968)
-47.3%
TOTAL GENERAL FUND BUDGET
178,296,315
195,864,721
200,308,954
4,444,233
2.3%

7. 2018-19 General Fund Expenditure Graph

8. 2018-19 Budget Revenues Revenues 2016-17 2017-18 2018-19 Difference %
TAXES
164,596,506
169,765,548
173,160,859
3,395,311
2.0%
TUITION
645,519
527,000 -
0.0%
MISCELLANEOUS REVENUES
1,247,079
1,035,317
865,923
(169,394)
-16.4%
FEDERAL AID
266,496
177,498
202,385
24,887
14.0%
FUND BALANCE
(3,527,801)
6,169,638
8,024,943
1,855,305
30.1%
TRANSFER -OTHER FUNDS
2,593,817
CAPITAL RESERVE
(2,520,163)
2,500,000
2,000,000
(500,000)
-20.0%
RESERVE FOR ENCUMBRANCES
758,206
(758,206)
163,301,453
180,933,207
184,781,110
3,847,903
2.1%

9. 2018-19 Budget Revenues - State Aid
Actual
Current
Proposed
Budget
State Aid
Difference %
Equalization Aid
5,670,267
6,691,777 -
0.0%
Transportation Aid
555,448
1,476,537
921,089
165.8%
Special Education Aid
6,294,933
Security Aid
264,597
PARCC Readiness Aid
108,570
(108,570)
-100.0%
Per Pupil Growth Aid
Professional Learning
107,620
(107,620)
Extraordinary Aid
1,783,341
800,000
Other
101,516
TOTAL STATE AID
14,994,862
14,931,515
15,527,844
596,329
4.0%

10. Revenue Graph

11. 2018-19 Budget – Special Revenue Fund
Actual
Current
Proposed
Budget
Special Revenue Fund
Difference %
Title I
979,972
1,444,928
902,607
(542,321)
-37.5%
Title II
174,744
274,999
(274,999)
-100.0%
Title III
96,373
104,176
61,223
(42,953)
-41.2%
IDEA
2,639,497
2,611,678
1,999,453
(612,225)
-23.4%
Other Grant Funds
1,556,385
1,671,287
1,340,230
(331,057)
-19.8%
Total
5,446,971
6,107,068
4,303,513
(1,803,555)
-29.5%

12. 2018-19 Budget – Debt Service Actual Current Proposed Budget
Expenditures
Difference %
Prinicpal Payment
3,455,000
3,210,000
3,460,000
250,000
7.8%
Interest Payment
471,700
333,500
173,000
(160,500)
-48.1%
Total
3,926,700
3,543,500
3,633,000
89,500
2.5%
Revenues
Fund Balance
7,200 -
0.0%
Debt Service Aid
1,125,083
1,015,290
1,040,931
25,641
Tax Levy
2,794,417
2,528,210
2,592,069
63,859

13. Special Revenue Budget
Budget Resolution
Budget
Tax Levy
General Fund Budget
200,308,954
173,160,859
Special Revenue Budget
4,303,513
Debt Service Budget
3,633,000
2,592,069
Total
208,245,467
175,752,928

14. 2018-19 Budget – Tax Impact ESTIMATED TAX IMPACT 2018-19 Increase %
Fund 10 (General Fund)
173,160,859
3,395,311
2.00%
Fund 40 (Debt Service)
2,592,069
63,859
2.53%
TOTAL
175,752,928
3,459,170
2.01%
Estimated Tax Impact
82.12
(avg. assessed home - $224,506)
0.07