1. Welcome to our third and final Community Program on understanding School Budgeting February 17, 2014

2. Projected Budget Changes and Challenges Impact of Enrollment, State and Federal Funds Donnie McVee Business Manager February 17, 2014

3. Carl Perkins & Career and Technical Education (CTE) Career and Technical Education prepares Montana K-12 students for a wide range of careers and post-secondary education programs by providing resources for coursework in Agriculture, Business, Marketing, Family and Consumer Sciences, Industrial Technology, and Health Sciences.

4. Totals for 2013-14 $25,340 $ 7,285

5. Federal Programs- Title I and Title IIA Linda Filpula Director of Curriculum, Instruction, and Assessment

6. How does my state and school district receive Title I dollars? “Title I funds flow to states and school districts on a formula basis. The formula takes into account the number of low- income children and the statewide average per pupil expenditures. Resources within the state are targeted to the districts and schools with the greatest need.” (U.S. Department of Education)

7. What services does Title I funding provide?  Professional Development  Hiring additional teachers and classroom aides  Improve curriculum  Enhance parent involvement  Extend learning time for students who need extra help  Provide other activities that are tied to raising student achievement. (U.S. Department of Education)

8. Title I Funding for 13-14 SES: 20% set aside 59,354 PD: 10% set aside 29,677 Salaries: 70% Salary 176,578 Benefits 31,161 Total $296,770

9. Title II A Title IIA- Reduced Class Size Teacher’s Salary (2-3)- $116,992

10. Average Number Belonging ANB

11. Entitlement Fiscal Year 2014$11,361,989.50 Fiscal Year 2015$12,230,013.60 Increase $ 868,024.10

12. Building Reserve Levy History YearElem AmountHS Amount Length  1990 $140,000.00 $140,000.00 3 years  1993 $70,000.00 $70,000.00 5 years  1998 $70,000.00 $70,000.00 5 years  1999 NA $55,000.00 3 years  2003 $70,000.00 $70,000.00 5 years  2008 $70,000.00 $70,000.00 5 years

13. 2014 Building Reserve Levy Request AmountYears Elem $150,000.00 5 years HS $100,000.00 5 years

14. Impact on the Taxpayer $100,000.00 $200,000.00 Elem $5.86 $11.72 4.23 mills HS $3.97 $7.95 2.87 mills

15. Protested Tax Settlement Explained Tim Bronk Superintendent

16. Taxes Not CHS $2.2 M Taxes CHS $2.2 M Pre-Settlement Revenue = $4.4 M 50% Taxes Not CHS $2.2 M CHS Reduced Taxes $333,357.00 Taxes CHS $1.8 M Post-Settlement Revenue = $4.0 M 50% 35% 15%

17. Taxes Not CHS $2.2 M CHS Reduced Taxes $333,357.00 Taxes CHS $1.8 M Post-Settlement Revenue = $4.0 M 50% 35% 15% Adjusted Taxes Not CHS $2.5 M Adjusted Post-Settlement Revenue = $4.4 M Taxes CHS $1.9 M 42.5% 57.5%

18. Timeline of Settlement 2013 Tax Statements Mailed CHS Protested Tax Settlement 1 st Tax Payment Due September 1, 2013November 30, 2013

19. Adjusted Taxes Not CHS $2.5 M Adjusted Post-Settlement Revenue = $4.4 M Taxes CHS $1.9 M 42.5% 57.5%

20. Net Cash = $925,928.00 Total CHS Protest Tax Distribution to LPS $4,903,758.00 Amount Previously Advanced & Interest Due = $3,977,835.00 81% 19%

21. CHS Reduced 2013 Taxes $333,357.00 Dollars to Fill Reserves $174,895.00 Re-appropriate to Tax Payers $417,675.00 Net Cash = $925,928.00 36% 19% 45%

22. CHS Reduced 2013 Taxes $333,357.00 EL General Fund…………..$ 138,427.00 EL Trans Fund……………….$ 12,507.00 EL Bus Dep Fund…………..$ 8,954.00 EL Tuition……………………..$ 5,382.00 EL Adult Ed Fund……….….$ 1,636.00 EL Tech Fund………………..$ 1,987.00 EL Debt Serv Fund………..$ 33,599.00 EL Bldg Reserve Fund……$.00 HS General Fund…………..$ 79,794.00 HS Trans Fund……………...$ 10,590.00 HS Bus Dep Fund………….$ 5,946.00 HS Tuition…………………….$ 3,131.00 HS Adult Ed Fund………….$ 1,618.00 HS Tech Fund………….…….$ 1,003.00 HS Debt Serv Fund……….$ 28,779.00 HS Bldg Reserve Fund…..$.00

23. CHS Reduced 2013 Taxes $333,357.00 Dollars to Fill Reserves $174,895.00 Re-appropriate to Tax Payers $417,675.00 Net Cash = $925,928.00 36% 19% 45%

24. Dollars to Fill Reserves $174,895.00 $58,550.00 EL General Fund $39,214.00 Bus Depreciation Fund $77,130.00 HS General Fund 33% 22% 44%

25. CHS Reduced 2013 Taxes $333,357.00 Dollars to Fill Reserves $174,895.00 Re-appropriate to Tax Payers $417,675.00 Net Cash = $925,928.00 36% 19% 45%

26. Re-appropriate to Tax Payers $417,675.00 EL General Fund…………..$.00 EL Trans Fund……………….$ (16,173.00) EL Bus Dep Fund…………..$.00 EL Tuition……………………..$ 17,655.00 EL Adult Ed Fund……….….$ 13,490.00 EL Tech Fund………………..$ 5,864.00 EL Debt Serv Fund………..$ 198,389.00 EL Bldg Reserve Fund……$ 12,308.00 HS General Fund…………..$.00 HS Trans Fund……………...$ 11,718.00 HS Bus Dep Fund………….$ 26,894.00 HS Tuition…………………….$ 27,239.00 HS Adult Ed Fund………….$ 15,987.00 HS Tech Fund………….…….$ 4,366.00 HS Debt Serv Fund……….$ 99,461.00 HS Bldg Reserve Fund…..$ 12,982.00

27. CHS Reduced 2013 Taxes $333,357.00 Dollars to Fill Reserves $174,895.00 Re-appropriate to Tax Payers $417,675.00 Net Cash = $925,928.00 36% 19% 45%

28. $2.2 million refunded to CHS from LPS taxes protested For every student$1,085.00 over 5 years $217.00/year

29. Taxes Not CHS 50% Taxes CHS 50% If the Montana Department of Revenue does not revise the current taxation method, CHS will again be approximately 50% of LPS tax revenue and will likely protest taxes again. 50%

30. Questions

31. Tim Bronk, Superintendent 406-628-8623 Donnie McVee, Business Manager 406-628-3354 Linda Filpula 406-628-3355 Thank you Please contact us with any questions