1. Geneva County Board of Education FY 2015 Proposed Budget Hearing September 9 & 11, 2014

2. Budgeted Beginning Fund Balances   General Fund $5,249,640   Special Revenue Fund 919,241   Debt Service Fund 0   Capital Projects Fund 0   Fiduciary Fund 106,309

3. Budgeted Revenues by Fund   General Fund $17,837,303.51   Special Revenue Fund 4,896,798.42   Debt Service 295,333.33   Capital Projects Fund 850,791.67   Fiduciary Fund 155,025.00

4. Total Budgeted Revenues by Source State $ 16,360,078.0068% Federal 3,258,832.0013% Local 3,509,035.0015% Other 907,306.93 4% $ 24,035,251.93

5. Total Budgeted Revenues by Source

6. Budgeted Revenues by Source – General Fund State $ 15,348,566.00 86% Federal 1,500.00 0% Local 2,261,832.00 13 % Other 225,405.51 1% $ 17,837,303.51

7. Budgeted Revenues by Source – General Fund

8. FY15 Foundation Program Units FY 2015FY 2014Change System ADM 2,758.452,718.5039.95 Foundation Program Units Teachers155.85153.122.73 Principals9.00 0.00 Assistant Principals1.50 0.00 Counselors6.00 0.00 Librarians7.00 0.00 Career Tech Directors1.75 0.00 Career Tech Counselors0.00 Total Units181.10178.372.73

9. FY15 Teacher Units by Elementary School FY 2015FY 2014 Geneva County Elementary ADM / Teacher Units394.65 / 26.33362.35 / 24.24 State Funded - Earned Units24.7322.00 Samson Elementary ADM / Teacher Units308.70 / 24.21345.95 / 24.21 State Funded - Earned Units19.1920.97 Slocomb Elementary ADM / Teacher Units576.45 / 38.34560.30 / 36.34 State Funded - Earned Units35.7834.42

10. FY15 Teacher Units by Middle School FY 2015FY 2014 Geneva County Middle ADM / Teacher Units188.00/ 11.15181.15 / 10.24 State Funded - Earned Units9.088.64 Samson Middle ADM / Teacher Units214.85/ 11.41206.25 / 10.35 State Funded - Earned Units10.419.84 Slocomb Middle ADM / Teacher Units281.50 / 15.18282.15 / 14.43 State Funded - Earned Units13.6113.47* *.74 fractional teacher unit from Slocomb High School

11. FY15 Teacher Units by High School FY 2015FY 2014 Geneva County High ADM / Teacher Units218.55 / 11.85201.70 / 10.93 State Funded - Earned Units11.8510.93 Samson High ADM / Teacher Units210.10 / 12.71220.80 / 12.85 State Funded - Earned Units11.3811.96 Slocomb High ADM / Teacher Units365.65 / 19.82357.85 / 18.65 State Funded - Earned Units19.8219.39* *.74 fractional teacher unit to Slocomb Middle School

12. FY15 Foundation Allocation Foundation Program (State and Local Funds)FY 2015FY 2014Change Salaries$ 8,598,709$ 8,449,358149,351 Fringe Benefits3,446,6163,230,369216,247 Other Current Expense ($15,967/unit) 2,891,572 ($15,661/unit) 2,793,47198,101 Classroom Instruction Support Student Materials ($310/unit)56,142($300/unit)53,2142,928 Technology ($0/unit)0($0/unit)00 Library Enhancement ($0/unit)0($0/unit)00 Prof. Development ($0/unit)0($0/unit)00 Common Purchase ($0/unit)0($0/unit)00 Textbooks ($35/adm)96,548($31.35/adm)85,22511,323 Total Foundation Program$ 15,089,587$ 14,611,637477,950 Local Funds (10 Mills)1,285,590(10 Mills)1,251,58034,010 State Foundation Funds$ 13,803,997$ 13,360,057443,940

13. FY15 State Funds Funding SourceAllocationFunding SourceAllocation School Nurses$ 141,094Technology Coordinator27,146 Career Tech O and M19,785Transportation Operations1,008,553 AL Reading Initiative152,535Fleet Renewal162,000 Gifted Program3,974Capital Purchase707,436 English 2 nd Language5,121Preschool3,266 OSR Pre-K Grant100,000*At Risk83,095 *rec. $20,000 in FY14

14. FY15 Federal Funds IDEA - Part B$ 579,222 IDEA - Pre-school Part B5,393 Basic Grant/CTE51,362 Title I, Part A1,102,321 Title I, Part C – Migrant Education60,871 Title II, Part A - Teacher Training155,476 Title III, English Language Learning 11,861

15. Local Revenues – General Fund County Regular Ad Valorem Tax$ 905,000 District Ad Valorem Tax385,000 County Sales Tax816,232 Business Privilege Tax11,600 Indirect Cost190,846 Other Local Revenue178,560 Total2,487,238

16. Expenditures - General Fund Instructional Services$ 11,010,258 Instructional Support2,935,901 Operations and Maintenance1,112,641 Auxiliary Services1,304,203 General Administrative Services955,082 Capital Outlay1,253,881 Other Expenditures 140,236 Total $18,712,202 Salaries of $11,106,053 & Fringes Benefits of $4,716,895 = $15,822,948 85% 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, 2014. Principal$ 577,456.44 Interest 193,642.58 Total$ 771,099.02

19. Debt Service The debt of the Geneva County Board of Education will be funded with the following funding sources: Public School Fund$ 475,765.69 Local PSF Match 133,333.33 Transportation Fleet Renewal 162,000.00

20. FY15 Debt Service Schedule DebtPrincipalInterestTotal 2009-B PSCA Warrants $ 118,291.31$ 32,060.62$ 150,351.93 2013-D PSCA Warrants 141,751.41118,173.30259,924.71 2014-A PSCA Warrants 41,746.6623,742.3965,489.05 2009 Capital Lease 73,258.003,829.3277,087.32 2012 Capital Lease 28,622.735,417.2734,040.00 2014 Capital Lease 40,453.0010,419.6850,872.68 2014 QZAB Revenue Warrant 133,333.330.00133,333.33 TOTALS $ 577,456.44$ 193,642.58 $ 771,099.02