Winter School District 2015 Annual Meeting October 26, 2015

BUDGET PROCESS

FUND 10 BUDGET $4,116,000

FUND 27 BUDGET $567,531

FUND 38/39 BUDGET $336,545

FUND 50 BUDGET $196,637

FUND 80 BUDGET $136,136

REVENUE LIMIT FORMULA BASED ON FORMULA WHICH INCL UDES PRIOR YEAR BASE $3,395,964 3 YEAR ENROLLMENT AVG- FTE=319 or down from 324 $10,645.66-Revenue Per Member STATE AID is Down 20K $130,514 EQUALIZED VALUATION $448,737,860-UP

REVENUES ARE GENERATED FROM LEVY, STATE AID, LOCAL $ AND FEDERAL AID

FUND 10 EXPENDITURES Down 48K

STATE EQUALIZATION AID 2013-14 $180,937 2015-16 $130,514 2012-13 $208,893 2014-15 $153,690

2015-16 LEVY FUND 10 $3,221,765 FUND 30 $304,132 FUND 80 $130,957 $3,656,828

TAX RATE COMPARISON 2011-12 2012-13 2013-14 2014-15 2015-16 2011-12 2012-13 2013-14 2014-15 2015-16 $8.71 $8.45 $8.57 $8.51 $8.14 2011 Equalized Value $468,248,469 2012 Equalized Value $455,908,979 2013 Equalized Value $442,499,224 2014 Equalized Value $438,434,376 2015 Equalized Value $448,737,860

$100,000 HOME TAX IMPACT TAX OF $814 SCHOOL TAX

QUESTIONS? DISCUSSION? Thank You!