1. WSD PROPOSED FINAL GENERAL FUND BUDGET
BUDGET
June 4, 2019

2. summary

3. TAX HISTORY inancial Needs of Educational Component
Financial Needs of the Support Services that assist with the Educational Component.
Necessary Operating Costs.
An Estimate of Revenues

5. End of year cash projection

6. End of year projected surplus

7. End of year projected surplus CON’T

8. 18/19 REVENUE HIGHLIGHTS $361,313 Re-Fi Previous Year Bond Issue
$ 85,404 General Fund Interest
$160,101 Capital Project Fund Interest
$150,000 Access Funding
Total Increase in Revenue - $756,518

9. REVENUE BUDGET

10. 5 KEY GOALS FOR
Increase academic achievement for all students & student subgroups
Extend professional development for teachers and administrators
Further develop integrated practice to support quality instruction
Borrowing additional funds to complete Turner and enhance district facilities
Partnership with Chatham University
Make overdue investments in Kelly elementary
Control expenditures to improve fund balance and prepare for the future

11. Wilksinburg Budget Wilkinsburg Budget Total Revenue
$31,932,974
$30,007,720
$30,763,608

12. 2019/20 REVENUE
Revenues - Local - State -Federal TOTAL $ 30,763,609

13. SUMMARY OF REVENUE

14. 6000 Local Revenues Local Revenues
(Actual) $ 13,914, (Yr End Proj.) $ 13,039, (Budget) $ 12,956,367
Real Estate Tax
Public Utility Tax
Per Capita Tax
Act 511 Taxes
Delinquent Taxes
Interest Earnings
IDEA-Fed Pass Thru
Tuition
Rentals
Donations/Misc.
Sale of Bldgs
-I made revenue projections for those that were not fixed by doing the following.
Taking the average of a four year history. (done most often)
Looking at annual percentage increases to see if there is a trend. If found, then I continued it into the year. (did not occur)
Taking the lowest and highest amounts received then taking the mean.
-Note: Current increase of $25,031 does not include any mil increase.
-What consists the $25,031 increase is a $250,574 increase in Real Estate because new county assessment increased by roughly $5 million. Also, IDEA funds are now included totaling $289,000. Reason this is considered local revenue is because it is Federal Revenue that is given to the WIU, which is then passed along to the School Districts. These two increases are offset by the decrease in projected EIT collections and delinquent tax collections.

15. Property Tax Reduction
7000 State Revenues
(Actual) $15,756, (Yr End Proj.) $16,019, (Budget) $16,207,151
State Revenues
Basic Subsidy
Incentive Grants
Vocational
Special Education
Transportation
Rental Payments
Medical/Dental
Social Security
Retirement
Property Tax Reduction

16. 8000 Federal Revenues Federal Revenues
Title I – Improving Basic Programs
Title II – Improving Teacher Quality
Title IV – Academic Enrichment
Access Funding
Other Fed Programs
(Actual) $ 2,262, (Yr End Proj.) $ 1,556, (Budget) $ 1,600,090 -

17. REVENUE HIGHLIGHTS NO TAX INCREASE
INCREASE IN REVENUE FROM BASIC EDUCATION SUBSIDY OF 2%
Continued support from State with partnership funding of $3 million
REAL ESTATE COLLECTIONS ARE AT 99% OF FACE
CONTINUE TO INVEST DISTRICT FUNDS TO MAXIMIZE ROI
EARNED INCOME TAX COLLECTIONS HAVE INCREASED OVER 20% FROM PREVIOUS YEARS
CONSISTENT FUNDING IN TITLE I, II, AND IV
DELINQUENT REAL ESTATE COLLECTIONS CONTINUE TO RISE, 13% ABOVE PREVIOUS YEARS

18. Budget expenses

19. Summary of Expenses
Salary and Benefits =40%
(State Average is 62.58%)

20. 2019/20 EXPENSES Expenses - Salaries - Employee Benefits - Utilities
- Intersystem Payments
- Debt Service
- Contracted Services
- Consumables
- Miscellaneous
- Total $30,763,609

22. Function % of Budget

23. Five Categories – 77.5% of the Budget
77.5% of the school district budget is fixed at the outset of budget planning.
22.5% ($6,907,846) includes such important items as textbooks, computers, supplies, equipment, demonstration devices, charts, contracted services, auditing, board, legal, tuition and other professional services.
-IN THE PAST THIS % HAS BEEN AS HIGH AS 83%....

24. EXPENDITURE HIGHLIGHTS
Maintain Focus on Instruction and Professional Development
Create Focus on Climate and Culture
Further Progress on Attendance and Truancy
Maintain Small Class Size
Incorporate Flex-Space Environment Through Instructional Practice Training
Build Capacity W/ Newly Staffed Central Office Team
Reduce Expenditures by Absorbing Administrative Positions

25. 2019-2020 Expenditure Highlights
Additional Resources for the Elementary School
Additional Funds for Continued Professional Development Resources for Teachers on:
Project Based Learning
Integrated Instruction Across Content Areas
Increase STEAM Programming
Cycles of Professional Learning
Instructional Leadership Teams
Grade Level Data Teams
Data Driven Decision Making Protocol
Small Group Guided Reading high yield instructional strategy
Math High Yield Strategy (TBD)
Continue Reading Diagnostic Assessment
Professional Reading Materials

26. Building/ Classroom Enhancements
Maintain Small Class Sizes
New Special Education Director
New Intermediate Team Principal
Enhance Two Way Communication/Parental Involvement

27. PRELIMINARY GENERAL FUND BUDGET
PROJECTED REVENUES $ 30,763,609
PROJECTED EXPENDITURES $ 30,763,609
EXPENDITURES EXCEED
REVENUE $0

28. QUESTIONS?

29. OBJECT DESCRIPTION