Presentation on theme: "JUNCTION CITY SCHOOL DISTRICT 69 2007-2008 BUDGET: THE BUDGET AT A GLANCE JUNCTION CITY SCHOOL DISTRICT 69 325 MAPLE STREET JUNCTION CITY, OR 97448 541-998-6311."— Presentation transcript:
JUNCTION CITY SCHOOL DISTRICT 69 2007-2008 BUDGET: THE BUDGET AT A GLANCE JUNCTION CITY SCHOOL DISTRICT 69 325 MAPLE STREET JUNCTION CITY, OR 97448 541-998-6311 www.junctioncity.k12.or.us JUNCTION CITY SCHOOL DISTRICT all students
PAGE 2 ---------------------------------------------------- THE BUDGET AT A GLANCE The Budget: Each year the School Board adopts a budget for the upcoming school year that guides our District staff in determining how funds are spent toward instructional programs for students. The budget is initially put together by the Superintendent and District staff. Then, the Budget Committee reviews the budget and gathers feedback from the local community. After the review and possible revisions, the Budget Committee approves the budget. The School Board then adopts the budget – and this becomes the Adopted Budget for the coming school year. 2007-2008 Budget – All Funds *Restricted Funds: These accounts have specific restrictions on the money. They may only be spent as specified by either state, federal law, or by the source of the funds, such as grants and donations. Please note: Oregon follows open accounting practices so public agencies must list all funds accounts they manage as part of their budget – even if they have no say over how the money in a particular account is spent. JUNCTION CITY SCHOOL DISTRICT 69 2007-2008
PAGE 3 ---------------------------------------------------- THE BUDGET AT A GLANCE JUNCTION CITY SCHOOL DISTRICT 69 2007-2008 General Fund: Estimated total for 2007-2008 - $15,211,148 This is the main operating budget. This fund pays for the instructional programs, support programs, and daily operations of the District. More in-depth information on this fund is provided in the following pages of this publication. RESTRICTED – Special Revenue Funds: Estimated total for 2007-2008 - $4,816,687 Special Revenue includes accounts that are for self- supporting programs, grant funds received for specific projects, or fee-based programs. Included under these accounts are funds received from the federal government for the No Child Left Behind grant. Money in Special Revenue accounts may only be used for targeted programs and services as specified by the source of the money. RESTRICTED – SELP Loan: Estimated total for 2007-2008 - $34,955 Transfer from General Fund to repay SELP loan for the high school heating system.
PAGE 4 ---------------------------------------------------- THE BUDGET AT A GLANCE JUNCTION CITY SCHOOL DISTRICT 69 2007-2008 The General Fund Operating Budget: The majority of this fund goes toward instruction and support services for students. The General Fund is the main operating budget, and it is the account the School Board has the most discretion over. Because this account determines the level of service students will receive during the school year, how it is allocated takes strategic planning. The General Fund budget for 2007-2008 was guided by the following strategic goals adopted by the School Board: Junction City School District Goals Increase student achievement in language arts and math. Improve post-secondary options for all graduates of Junction City School District. Transfers for Loans and Special Funds: Transfer to fund 450 to repay SELP loan for the high school heating system ($31,500); transfers to special funds for future expenditures for technology, maintenance, and textbooks ($450,000); other transfers including School Improvement Fund ($400,000). Contingency, Unappropriated Ending Fund Balance: Set aside for unforeseen expenses and ending fund balance. Instruction of Students and Student Support: This category encompasses all costs associated with classroom instruction, such as teacher and instructional assistant salaries, supplies, materials, etc. It also includes alternative education, special education, and other compensatory instructional programs. Student Support: Counselors, health services, speech, media services, assessment and testing, student transportation, technology, and teacher early retirement program. Other Support Services: School board, superintendent, principals, fiscal services, maintenance/custodial services, and information services. The General Fund is 79% of total funds. (See page 2 for detail)
PAGE 5 ---------------------------------------------------- THE BUDGET AT A GLANCE JUNCTION CITY SCHOOL DISTRICT 69 2007-2008 General Fund Operating Budget by Category: The graph below shows how the 2007-2008 General Fund is budgeted by specific categories. As the graph shows, 80.87% of the General Fund Operating budget is to pay for people (salaries and benefits), and the majority of those people are our school teachers. Our Staff: This chart shows the amount of full-time equivalent (FTE) Junction City staff that is budgeted under the 2007-2008 General Fund. The majority of employees are teachers and classified staff that support the classroom. * Purchased Services: Includes utilities, legal services, contracted work, and other services not provided by the District but purchased from outside agencies. **Other: This category includes the acquisition of fixed assets or additions to fixed assets, dues and fees, and insurance to protect against loss due to accident or neglect. Licensed Staff: 94.83 FTE Includes teachers and counselors Support Staff: 55.56 FTE Includes instructional assistants, clerical staff, custodians, and business office staff School-Based Administrators: 6.0 FTE Includes principals, and assistant principals District-Wide Administrators: 1.76 FTE Includes Superintendent and Special Education Director FTE - Full-time equivalent staff
PAGE 6 ---------------------------------------------------- THE BUDGET AT A GLANCE JUNCTION CITY SCHOOL DISTRICT 69 2007-2008 Our General Fund Non-Operating Budget: The graph below shows how the non-operating portion of the 2007-2008 General Fund is budgeted by specific categories. Transfers: This category represents transfers of General Fund money to Fund 450 to repay a SELP loan for the high school heating system, to Special Funds for future purchases in Technology, Maintenance, and Textbooks, and to the School Improvement Fund. Operating Contingency: This category represents an amount set aside for expenditures which cannot be foreseen and planned in the budget. Unappropriated Ending Fund Balance: This category represents an amount set aside to be used as a cash carryover to the next year’s budget. This amount cannot be transferred by resolution or used through a supplemental budget, unless necessitated by a qualifying emergency.
PAGE 7 ---------------------------------------------------- THE BUDGET AT A GLANCE JUNCTION CITY SCHOOL DISTRICT 69 2007-2008 ADDITIONAL BUDGET INFORMATION: After a year (2003-2004) where state and District finances resulted in deep program and staffing cuts, in 2004-2005 our District saw an increase of 7.5 licensed staff, which included classroom teachers, library services, nurse services, and an English-as-a-Second Language teacher. In 2005-2006 we added 3.0 licensed staff: a high school counselor, an elementary music teacher, and a speech therapist. These positions were all maintained in the 2006-2007 budget. In 2007- 2008, licensed additions to the General Fund included: elementary PE at both elementary schools; an additional 4 th grade teacher at Laurel Elementary; and a.50 FTE 6 th grade teacher and a.60 FTE health teacher at Oaklea Middle School. The School Improvement Fund is restricted 2007-2008 revenue from the state, and the Board approved plan includes these additions:.20 FTE to bring the District Nurse to full-time; summer program and extended day programs at the elementary and middle schools;.20 FTE added to the special programs director;.75 FTE remediation teacher (to bring the position to full-time) and high school Odyssey program;.25 FTE high school science teacher; EdLine at the high school and middle school; NWEA at the high school; PSAT tests for sophomores and juniors; District career/college center coordinator; scholarships for ELL all-day kindergarten;.33 FTE high school auto shop teacher; and language arts textbooks. The PERS District rate (an employee benefit set by the PERS Board) increased from 11.11% (2003-2005) to 16.97% (2005-2007), to 17.64% (2007-2008) for Tier I and Tier II employees. The rate for Tier III employees (hired after August 2003) increased from 12.19% to 19.91% (2007-2009). In addition, the District pays for the 6% PERS Pickup for all Tiers. In 2004-2005, the District began the practice of transferring revenue from the General Fund to a Technology Fund, a Maintenance Fund, and a Textbook Fund. We have budgeted $450,000 for transfers to these three special funds in 2007-2008. Transferring to these funds allows the District to have money in reserve for future large purchases. Student enrollment has been dropping slightly each year. 2022 students were enrolled in K-12 in 1999-2000 and the average students enrolled this year was 1804. Currently homes are being built in our District, and new housing developments are planned. We are optimistic that enrollment will increase. The State School Fund formula allots school districts’ state revenue on a per student basis. When our enrollment increases, our state revenue will also increase. Questions concerning any of the information provided in this report, or requests for additional information, should be addressed to the District’s Business Manager, Wanda McClure, at 325 Maple Street, Junction City, OR 97448. firstname.lastname@example.org@lane.k12.or.us