1. Geneva County Board of Education
FY Proposed Budget Hearing
September 13 & 14, 2017

2. Budgeted Beginning Fund Balances
General Fund $3,452,207
Special Revenue Fund 1,229,300
Debt Service Fund ,691
Capital Projects Fund ,000
Fiduciary Fund ,600

3. Budgeted Revenues by Fund
General Fund $19,126,593
Special Revenue Fund ,865,800
Debt Service ,561
Capital Projects Fund ,677
Fiduciary Fund ,938

4. Total Budgeted Revenues by Source
State $ 17,486,631 69% Federal 3,515,001 14% Local 4,089,437 16% Other 114,500 1% $ 25,205,569

5. Total Budgeted Revenues by Source

6. Budgeted Revenues by Source – General Fund
State $ 16,649,083 87% Federal 1,500 0% Local 2,431, % Other 44,500 1% $ 19,126,593

7. Budgeted Revenues by Source – General Fund

8. FY18 Foundation Program Units
Change
System ADM
2,665.30
2,677.30
-12.00
Foundation Program Units
Teachers
152.36
152.51
-0.15
Principals
9.00
0.00
Assistant Principals
1.50
2.00
-0.50
Counselors
6.00
6.50
Librarians
7.00
7.50
Career Tech Directors
1.75
+0.25
Career Tech Counselors
1.00
+1.00
Total Units
178.86
179.26
-0.40

9. FY18 Teacher Units by Elementary School
Geneva County Elementary
ADM / Teacher Units
/ 28.28
/ 28.28
State Funded - Earned Units
23.22
23.32
Samson Elementary
/ 23.28
/ 23.28
18.08
17.45
Slocomb Elementary
/ 36.34
/ 35.84
33.33
33.46

10. FY18 Teacher Units by Middle School
Geneva County Middle
ADM / Teacher Units
/ 10.95
/ 9.95
State Funded - Earned Units
9.61
8.38
Samson Middle
/ 7.94
/ 8.75
6.94
7.38
Slocomb Middle
/ 15.48
/ 15.01
14.75
13.75

11. FY18 Teacher Units by High School
Geneva County High
ADM / Teacher Units
/ 14.10
/ 14.10
State Funded - Earned Units
13.00
13.01
Samson High
/ 15.11
/ 16.30
13.41
14.27
Slocomb High
/ 20.52
/ 21.99
20.02
21.49

12. FY18 Foundation Allocation
Foundation Program
(State and Local Funds)
FY 2018
FY 2017
Change
Salaries
$ 8,952,825
$ 8,941,958
10,867
Fringe Benefits
3,584,085
3,565,352
18,733
Other Current Expense ($17,533/unit)
3,135,870
($17,021/unit)
3,.051,248
84,622
Classroom Instruction Support
Student Materials ($421.51/unit)
75,393
($405.45/unit)
72,683
2,710
Technology ($211.51/unit)
37,832
($169.34/unit)
30,355
7,477
Library Enhance. ($30.44/unit)
5,444
($21.26/unit)
3,811
1,633
Prof. Development ($77.55/unit)
13,870
($63.79/unit)
11,434
2,436
Common Purchase ($0/unit)
($0/unit)
Textbooks ($54.52/adm)
145,306
($54.07/adm)
144,770
536
Total Foundation Program
$ 15,950,625
$ 15,821,611
129,014
Local Funds (10 Mills)
1,404,200
(10 Mills)
1,356,020
48,180
State Foundation Funds
$ 14,546,425
$ 14,465,591
80,834

13. FY18 State Funds Funding Source Allocation School Nurses $ 144,721
$ ,721
Technology Coordinator
42,710
Career Tech O and M
18,388
Transportation Operations
1,116,363
AL Reading Initiative
152,245
Fleet Renewal
126,871
At Risk
82,010
Capital Purchase
710,677
Gifted
8,929
Preschool
4,296
OSR Pre-K Grant
527,400

14. FY18 Federal Funds IDEA - Part B $ 605,749 IDEA - Pre-school Part B
$ ,749
IDEA - Pre-school Part B
5,412
Basic Grant/CTE
53,189
Title I, Part A
1,265,352
Title I, Part C – Migrant Education
55,873
Title II, Part A - Teacher Training
164,462
Title III, English Language Learning
7,842

15. Local Revenues – General Fund
County Regular Ad Valorem Tax
$ 945,000
District Ad Valorem Tax
400,000
County Sales Tax
894,200
Business Privilege Tax
10,000
Indirect Cost
118,355
Other Local Revenue
182,310
Total
2,549,865

16. Expenditures - General Fund
Instructional Services
$ 11,524,812
Instructional Support
3,069,611
Operations and Maintenance
1,156,450
Auxiliary Services
1,447,325
General Administrative Services
1,057,536
Other Expenditures
559,350
Total
$18,815,084
Salaries of $11,985,425 & Fringes Benefits of $5,101,973 = $17,087,398
91% of General Fund Budgeted Expenditures

17. Expenditures – General Fund

18. Debt Service
This fund reflects the annual debt payment (principal and interest) of the Geneva County Board of Education on its outstanding debt as of October 1, 2017.
Principal $ 583,873.58
Interest ,223.59
Total $ 742,097.17

19. Debt Service
The debt of the Geneva County Board of Education will be funded with the following funding sources:
Public School Fund $ 475,465.79
Local PSF Match ,333.33
Transportation Fleet Renewal ,298.05

20. FY18 Debt Service Schedule
Principal
Interest
Total
2009-B PSCA Warrants
$ ,599.35
$ 14,062.16
$ ,661.51
2013-D PSCA Warrants
152,768.36
106,561.44
259,329.80
2014-A PSCA Warrants
45,674.27
19,800.21
65,474.48
2009 Capital Lease
16,044.79
1,644.60
17,689.39
2012 Capital Lease
30,643.07
3,396.93
34,040.00
2014 Capital Lease
43,564.04
7,308.62
50,872.66
2014 QZAB Revenue Warrant
133,333.33
0.00
2016 Capital Lease
25,246.37
5,449.63
30,696.00
TOTALS
$ ,873.58
$ 158,223.59
$ ,097.17