Superintendent’s Budget Update Draft FY 2017-2018

AGENDA Focus areas of budget Budget development process UCPS and Charter school students Funding sources 2017 – 2018 Financial Outlook 2017 – 2022 Bond / Capital Outlay Summary

Human Capital Development FOCUS AREAS Academic Programming Human Capital Development Continuous Organizational Improvement

College and Career Readiness ACADEMIC PROGRAMMING Literacy College and Career Readiness Dual language 1:1 teaching and learning strategy

HUMAN CAPITAL DEVELOPMENT Recruitment and retention Compensation

CONTINUOUS ORGANIZATIONAL IMPROVEMENT Improve student performance Strategic planning process Organizational efficiency and effectiveness

2017 – 2018 BUDGET DEVELOPMENT PROCESS 2016-2017 Central Services Timeline Nov- Feb 16-17 Jan 30-31, 2017 Feb 20-24, 2017 Mar 1-31, 2017 April 4, 2017 April 4, 2017 Departmental budget development and planning Budget development training Departmental budget development conferences Administrative review and Proposed Budget preparation BOE Finance Committee meeting to review Superintendent’s Draft Budget Superintendent’s Draft Budget due to Board of Education Board of Education Timeline Feb- May 2017 April 6, 2017 April 17, 2017 April 25, 2017 May 2, 2017 May 15, 2017 BOE Committee meetings on overall budget status BOE Work Session – Superintendent’s Draft Budget BOE / BOCC Joint Meeting BOE Finance Committee Meeting Approve BOE Proposed Budget Formal Presentation of BOE Budget Proposal to County / BOCC

UCPS & CHARTER STUDENT ENROLLMENT

FUNDING SOURCES

STATE, FEDERAL, LOCAL & CAPITAL FUNDING

STATE FUNDING ASSUMPTIONS K-3 class size reduction Teacher salaries Principal and Assistant Principal salaries Non-Certified employee raises and potential bonus Health insurance and retirement costs Loss of Low Wealth funding

LOCAL FUNDING ASSUMPTIONS Teachers needed for K-3 class size reduction Salary and benefit cost increases Cost of living adjustments Revenue source for technology refresh: Capital lease (laptops) for Teachers/Administrators and ChromeBooks for 6th-12th grade students

2017-2018 FINANCIAL OUTLOOK

2017-2018 Revenue / Allocation Outlook 16-17 County Appropriation $ 94,544,835 Projected Fines / Forfeitures and ABC Revenues 760,000 Fund Balance Appropriated 200,000 Projected Charter Payments (7,000,000) ** $ 88,504,835 Estimated impact if HB13 is not passed by Senate $ 3,300,352 ** Still waiting for some Charter School enrollment responses

2017-2018 Expenditure Outlook Projected Mandatory Increases: Teacher salaries $ 179,866 Benefits 285,587 Governor's 2% salary increase and $500 bonus 692,255 Estimated utility costs 3% 358,663 Assistant Principal salaries 144,585 $ 1,660,956 Additional Increases: School improvement initiative: Teacher recruitment/retention stipend ($3,500) $ 528,000 Principal recruitment/retention/performance stipend 60,000 Leadership training and support 250,000 Extended school day - includes 2 middle & 4 elementary schools 1,470,173 Intensive tutoring - includes 2 middle & 4 elementary schools 982,600 Charter School Payments 700,000 Bus Driver Salaries 475,000 Maintenance Salaries 148,234 Other Non-Certified COLA 406,404 $ 5,020,411 17-18 Projected Increases $ 6,681,367

2017-2018 Expenditure Outlook Increases from previous page $ 6,698,194 $ 6,698,194 Departmental Decreases: General Counsel $ (2,000) Finance (4,700) Human Resources (6,400) Instruction (123,047) Operations (60,822) Auxiliary Services (160,047) $ (357,016) Program Decreases: Personnel $ (4,341,178) Estimated increase to County Operating Appropriation $ 2,000,000 Additional proposed increase to County Appropriation $ 0

2017-2022 BOND & CAPITAL OUTLAY

2017-2020 BOND PROJECT SCHEDULE

2017-2020 BOND CASH FLOW REQUEST

2017-2022 FACILITIES & TECHNOLOGY CAPITAL

SUMMARY: AREAS OF FOCUS ADDRESSED Academic Programming Human Capital Development Continuous Organizational Improvement

SUMMARY: COUNTY OPERATING APPROPRIATION REQUEST With Device refresh in capital 16-17 County Appropriation $ 94,544,835 Estimated impact if HB13 is not passed by Senate 3,300,352 17-18 Requested increase to County Operating Appropriation 2,352,267 17-18 Proposed County Operating Appropriation $ 100,197,454 If HB13 is passed by the Senate 3,779,266 $ 98,324,101

SUMMARY: COUNTY CAPITAL APPROPRIATIONS REQUEST Year 2018 2019 2020 2021 2022 Capital Development Plan $16,115,999 $16,173,788 $15,997,976 $16,127,935 $16,074,780 Device Refresh 2,574,963 3,724,963 4,050,000 Total $18,690,962 $18,748,751 $18,572,939 $19,852,898 $20,124,780

Superintendent’s Budget Update Draft FY 2017-2018 Thank You