1. Tumwater School District Community Budget Forum March 12, 2014

2. Greetings and Introductions Topics of Interest Agenda Review

3. Community Involvement Share Information Provide Feedback Assist with Prioritization

4. Budget Timeline  Enrollment Forecasting  Staffing Levels  Maintenance Level Changes  Community Budget Forum  Legislative Impacts  Revenue Estimates  Policy Level Changes

5. Budget Timeline (continued)  2 nd Community Budget Forum ***VIA ADOBE CONNECT***  Small Funds (CPF, DSF, ASB, TVF)  3 rd Community Budget Forum  Draft Budget – due July 10 th  Final Board Presentations  Public Hearing & Budget Adoption – August 2014

6. Maintenance Level Changes Begins with Current Year Projected Unassigned Fund Balance  What is a fund balance?  What are the different categories of fund balance?  Minimum Fund Balance Policy  Desired level of unassigned fund balance

7. Roll Ahead Revenue and Expenditures Add/Remove Revenue  TPEP Grant  PEP Grant Add/Remove Expenditures  Tech Help Desk Position (partial year)  FY12/13 Summer Projects

8. Non-Discretionary Items Local Levy Increase Increase in Local Effort Assistance Enrollment Decrease Additional Hours of Instruction  Senate pushes requirement out to 15/16 and “repurposes” funds to assist with the 24 credit requirement  House has now introduced a bill very similar to the Senate

9. Non-Discretionary Items (continued) All Day Kindergarten & K-1 Class Size Reduction Benefit Changes Compensation Impacts State MSOC Allocation  House - $370,000  Senate - $240,000

10. Non-Discretionary Items (continued) Utilities, Fuel, Food Costs, Insurance State Transportation Allocation  FY14/15 – Anticipated Additional Funding = $600,000 FISCAL YEAR REVENUEEXPENDITURE NET DIFFERENCE 11/121,537,7522,578,578(1,040,826) 12/131,560,1402,811,348(1,251,208) 13/141,990,3243,025,019(1,034,695)

11. Minimum Fund Balance Past – 4% Target – 5.5%  Adding.5% each fiscal year  FY12/13 – 4.5%  FY13/14 – 5.0%  FY14/15 – 5.5%  Cost of.5% = $300,000

12. Projected Unassigned Fund Balance Approximately $272,000 Target - $500,000 Legislative Changes – Increase/Decrease?

13. Policy Level Changes Preliminary Discussions:  TPEP Training  Curriculum Adoptions  Instructional Facilitators  Custodial/Grounds Staff  Enhanced Music Program

14. Questions and Comments?

15. Topics for Future Meetings Legislative Impacts Update to Maintenance Level Changes Detail on Policy Level Changes Discussion of “Small” Funds Impact of Bond

16. REMINDER: Next Community Budget Forum **VIA ADOBE CONNECT** April 16, 2014 @ 5:30 p.m. Visit our website for information: http://www.tumwater.k12.wa.us/Page/6114