1. Seward Public Schools Annual Report on Budget and Finance

2. HISTORICALPERSPECTIVE (Next 6 Slides)

3. Seward Public Schools Recent Levy History Fund2002-032003-042004-052005-062006-072007-08 General $ 1.025 $ 1.086 $ 1.102 $ 0.975 $ 1.041 $ 0.950014 Bond - Elem. $ 0.052 $ 0.047 $ 0.028 $ 0.024 $ 0.029634 Bond - H.S. $ 0.074 $ 0.067 $ 0.046 $ 0.071 $ 0.068 $ 0.051016 Special Building $ 0.021 $ 0.020 $ 0.035 $ 0.034 $ 0.107045 Qualified Capital $ 0.003 $ 0.002562 Total Levy $ 1.175 $ 1.224 $ 1.218 $ 1.113 $ 1.169 $ 1.140271

4. Assessed Valuation September to August Fiscal YearProperty Valuation Percentage Increase 2003-2004 $ 620,246,072 2004-2005 $ 652,722,9195.24% 2005-2006 $ 714,441,6819.46% 2006-2007 $ 746,851,9434.54% 2007-2008 $ 788,409,3015.56%

5. Recent Property Tax Asking History September to August Fiscal YearLocal Property Tax AskingPercentage Change 2002-2003 $ 7,029,907 2003-2004 $ 7,571,4957.70% 2004-2005 $ 7,942,7854.90% 2005-2006 $ 7,948,1760.07% 2006-2007 $ 8,732,6719.87% 2007-2008 $ 8,986,3742.91%

6. State Aid History Year State Aid State AidPercentChange 2003-2004 $ 1,481,446 $ 1,481,446 2004-2005 $ 1,040,893 $ 1,040,893-29.74% 2005-2006 $ 1,733,960 $ 1,733,96066.58% 2006-2007 $ 1,087,798 $ 1,087,798-37.27% 2007-2008 $ 1,933,857 $ 1,933,85777.78%

7. General Fund Budget History Budget YearGeneral Fund BudgetPercent Increase 2002-03 $ 10,155,001 2003-04 $ 10,370,0002.12% 2004-05 $ 10,670,8072.90% 2005-06 $ 10,726,8220.52% 2006-07 $ 12,246,79914.17% 2007-08 $ 13,191,1997.71%

8. Property Tax Comparison for all Taxable Funds Fund 2006-07 Levy 2006-07 Tax Request2007-2008 Levy 2007-08 Proposed Tax Request General $ 1.041 $ 7,778,221 $ 0.950014 $ 7,490,000 Bond - Elem. & H.S. $ 0.092 $ 681,750 $ 0.080650 $ 632,218 Special Building $ 0.034 $ 252,500 $ 0.107045 $ 843,956 Qualified Capital $ 0.003 $ 20,200 $ 0.002562 $ 20,200 Total $ 1.169 $ 8,732,671 $ 1.140271 $ 8,986,374 Change from 06-07 $ (0.029383) $ 253,703

9. 2006-2007 General Fund Receipts & Expenditures (Next 2 Slides)

10. Where did the money come from? DescriptionDollar AmountPercent of Total Property Taxes $ 7,361,81162.50% Other Local Receipts $ 922,5587.83% Total Local Receipts $ 8,284,36970.34% County Receipts Fines and Licenses $ 141,6491.20% Other County Receipts $ 49,1850.42% Total County Receipts $ 190,8341.62% State Receipts State Aid $ 1,087,7989.24% Special Education $ 651,9725.54% Other State Receipts $ 903,1647.67% Total State Receipts $ 2,642,93422.44% Federal Receipts Total Federal Receipts $ 634,5445.39% Other Receipts $ 25,6380.22% TOTAL ALL RECEIPTS $ 11,778,319

11. Where did the money go? DescriptionDollar AmountPercent of Total Regular Instruction $ 5,900,57552.02% Special Education $ 1,350,95611.91% Support Service for: Pupils $ 340,5473.00% Instructional Staff $ 239,0742.11% Non Student Vehicles $ 1030.00% Maintenance and Operation of Buildings $ 1,456,92512.85% Pupil Transportation $ 498,3334.39% Special Education Transportation $ 12,1650.11% General Administration: Board of Education $ 24,7600.22% Executive Administration $ 203,5651.79% Office of the Principal $ 624,4955.51% Business Services $ 200,5941.77% State Categorical Programs $ 16,5330.15% Federal Programs $ 473,2204.17% TOTAL DISBURSEMENTS $ 11,341,845