1. WASHINGTON COMMUNITY HIGH SCHOOL 2017-18 BUDGET PRESENTATION
Home of Panther Pride, where high academic expectations and
striving for success have long been a tradition.
BUDGET PRESENTATION
Joe Sander
September 11, 2017

2. Overview Budget timeline FY 18 Budget-Key Points
Education Fund
O&M Fund
Transportation
Working Cash
Comparison with Previous Budget
Questions

3. Adjustments to the Tentative Budget
January
Mid-February
End of March
April - May
Business office starts a draft budget for the upcoming school year.
Department Chair meeting issues budget binders. Departments will typically have 4 weeks to put together their budgets.
Department budgets are due to the Business Office.
Revisions to the Draft Budget and establishment of a Tentative Budget.
End of April
May
All FY purchases must be completed and turned in to the business office to be included in the May BoE meeting bills.
Finance Committee will review the Tentative Budget and make recommendation to the BoE for approval in June.
Finance Committee Meeting
June – September
October
November
December
Adjustments to the Tentative Budget
Auditor presents the previous fiscal year audit to the BoE and the board publicly approves its financial audit.
The Administration prepares district financial projections and presents it to the BoE.
The Board of Education must adopt its annual tax levy and file a Certificate of Tax Levy with the county clerk no later than the 4th Tuesday in December.
June – July
Financial audit.
June
September
The board adopts a resolution estimating the upcoming levy and fiscal year expenditures.
Finance Committee will review the Tentative Budget and make recommendation to the BoE for approval in June.
By law the Board of Education must publicly adopt their FY Budget by September 30.
Budget Timeline

4. Education Fund-Revenues Over FY 17
$283,082
Local Revenue
Hold Harmless
General State Aid
$7,996
Federal Revenue

5. Education Fund-Expenditures
Additional Staff and Students
Title I & II, IDEA and CTEI Grants finalized
All lines corrected to projected amounts
Designated Funds Transfer $1,540,658
Contingency designation $250,000
Title IV Rev/Expenditure $10,000 (New)
Increased textbook for AP and Dual Credit $40,000

6. Education Fund-Expenditures
No Increase in Insurance Premiums for FY 18
Through discussion in both the Insurance Committee and Finance Committee, WCHS made a shift in budgeting for insurance. We have historically funded the WCHS Health Benefit Plan, which is self-funded, by funding to expected claims.
The changes applied to the Health Trust Fund in FY 17 have made a significant impact. As of August 31st, the fund balance is ~$750,000.

7. Operations and Maintenance Fund
$472,727 (over FY17)
Revenue
Expenditure
Contingency $200,000
Wilmor parking lot
Initial stages of roof maintenance
UST removal and AST install
Funds Designated for Future Projects $275,000
$1,540,658 Designated Funds Balance Transfer (From Ed & Transportation)
Designated funds for future projects

8. Transportation Fund $20,164 (over FY17) Expenditure Revenue
Replacement buses (9 & 10)
Additional Activity Bus Lease
Contingency $92,491
Additional Multipurpose Vehicle

9. Working Cash Fund $5,383 (over FY16) Transfers for Projects/Abatements
Revenue
Transfers for Projects/Abatements
FY 12 $350,000
FY 13 $1,000,000
FY 14 $280,000
FY 16 $250,000

10. Other Items $2,031,668 (FY18) “On Behalf”
This number is supposed to represent the contribution the state makes to the TRS pension system on behalf of the teachers and certified administrators in your district. It is neither received nor spent by the district, but must be budgeted for and must be recorded in your audited financial statements.

11. FY 17 to FY 18 Operating Funds Comparison
% INCREASE
EDUCATION
Beginning Balance
$6,117,312
$4,880,907
-20.2%
Revenue
$13,438,119
$13,730,993
2.2%
Expenditures
$14,878,213
$15,784,899
6.1%
Ending Balance
$4,677,218
$2,827,001
-39.6%
BUILDING
$1,547,690
$3,414,283
120.6%
$3,256,031
$3,728,758
14.5%
$1,784,122
$1,249,097
-30.0%
$3,019,599
$5,893,944
95.2%

12. FY 17 to FY 18 Operating Funds Comparison
% INCREASE
TRANSPORTATION
Beginning Balance
$936,117
$754,417
-19.4%
Revenue
$678,136
$698,300
3.0%
Expenditures
$1,028,136
-32.1%
Ending Balance
$586,117
28.7%
WORKING CASH
$660,701
$888,919
34.5%
$230,617
$236,000
2.3% $0 0%
$891,318
$1,124,919
26.2%

13. Summary
Revenues: $20,090,332 Expenditures: $20,488,717 Contingency: $542,491 Designated Funds: $275,000
Balanced Budget

14. Questions