2017-18 Budget Public Engagement: Wednesday, October 18, 2017 @ 5:30 p.m. Public Hearing: Wednesday, November 1, 2017 @ 5:30 p.m. Budget Adoption: Wednesday, November 1, 2017 following the Public Hearing All meetings held at the District Office, 200 S. Broadway

Mission Statement: Mission:  We educate all students to be college, career and community ready, inspired to succeed in our diverse world.

Purpose of the Meeting Per Wisconsin Statute 65.90, staff and board shall formulate a proposed budget, hold a public hearing and adopt a budget identifying expected revenues, expenditures and fund balances.

Agenda Key Components in the Budget Process Referendum Impact Budget Summary General Fund All Other Funds Budget Proposal Summary

Fall Property Valuation Sept. Student Membership State Aid Key Components in the Budget Process Fall Property Valuation Sept. Student Membership State Aid

Key Components in the Budget Process School Year Property Valuation Change 08-09 8,585,456,262   09-10 8,424,923,558 (-1.87%) 10-11 8,199,747,364 (-2.67%) 11-12 8,041,865,132 (-1.93%) 12-13 7,753,109,665 (-3.59%) 13-14 7,908,840,307 2.01% 14-15 7,980,375,110 0.90% 15-16 8,155,078,816 2.19% 16-17 8,272,887,760 1.44% 17-18 8,611,359,305 4.09%

Important Factors in the Budget Process School Year Sept Membership (FTE) Change 08-09 20,389   09-10 20,427 0.19% 10-11 20,563 0.67% 11-12 20,779 1.05% 12-13 21,101 1.55% 13-14 21,485 1.82% 14-15 21,610 0.58% 15-16 21,637 0.12% 16-17 21,946 1.43% 17-18 (Est) 21,621 (-1.48%)

Key Components in the Budget Process School Year General State Aid History Change 08-09 124,766,029   09-10 126,031,988 1.01% 10-11 129,663,771 2.88% 11-12 120,632,386 (-6.97%) 12-13 127,637,677 5.81% 13-14 132,945,727 4.16% 14-15 137,813,882 3.66% 15-16 140,649,565 2.06% 16-17 151,960,507 8.04% 17-18 155,789,846 2.52%

Referendum Impact On April 4, 2017 voters approved a facilities referendum for $68.25M and an operational referendum of $16.5M for ten years with 70% and 63% support. No tax rate increase from the 2016-17 levy of 10.16 was pledged. The proposed Mill Rate for the 2017-18 budget will be reduced to 10.10. Without the additional $16.5M operational referendum, the district could have been facing an $5M deficit in revenue for this school year. The referendum has allowed the district to direct resources to maintain educational programs, services, course offerings, class sizes and staffing across the district.

Referendum Impact The referendum enabled the district to close the gap between its revenue limit and the state average. The referendum was pursued when the state budget was unknown. Passing the referendum was critical to the District’s ability to budget and plan for 2017-18, with the budget passing later than normal (signed on September 21, 2017) The District’s commitment to taxpayers was that the referendum would not increase the 10.16 mill rate. The 2017-18 budget recommends a 10.10 mill rate.

Budget Summary General Fund Revenues: page 5 The General Fund (Fund 10) shows budgeted revenues for 2017-18 at approximately $272M, which is an increase from 2016-17 of approximately $11.6M. $200/pupil categorical aid increase in the state budget = $4.4 million Increase in property value of 4.09% , overall tax levy increases $2.7 million This figure also includes revenue for Energy Efficiency projects, as we look to complete the HVAC work at Edison MS, and provide air conditioning at Webster Elementary (one of two schools that are not fully air conditioned in the District). This will be the last time we will be able to use the Energy Efficiency Exemption as it was discontinued in the state budget. Increase in Title dollars = $1.7 million - these dollars provide additional resource for low-income and ELL students High Poverty Aid was an additional $400,000.  

Budget Summary General Fund Expenses: page 9 The General Fund shows budgeted expenditures for 2017-18 of $272M, which is an increase from 2016-17 of approximately $15.2M. Increase in salaries and benefits $7.9 million increase reflects budgeted raises (1.26%) and health insurance changes Health care premiums increased by 4.5% Staff increases are needed for GBAPS to remain competitive as districts continue to realize teacher shortages (especially in some specialized areas) Increase in contracted services by $5.3 million Increases reflect services for technology and special education students  

Budget Summary General Fund Expenses: page 9 The General Fund shows budgeted expenditures for 2017-18 of $272M, which is an increase from 2016-17 of approximately $15.2M. The 2016-17 budget had approximately $8 million in reductions from original budget requests. This budget works to address the needs not met in the previous budget. Increase in non-capital purchases of $5.2 million New curriculum has been adopted in recent years, but purchases of materials were deferred Extensive classroom library materials Bridges Math Secondary curriculum Increase of $804,476 for professional development  

Budget Summary All Other Funds: Special Revenue Fund 21 (Gifts ) - $1,393,593 page 15 Indian Education Fund 22 – $309,249 page 17 Special Education Fund 27 - $45,741,138 page 19 Head Start Fund 29 - $4,888,068 page 25 Debt Service Fund 30 - $16,382,849 page 27 Capital Projects Fund 40 Referendum Building & EEE Receipts-$75,250,000 page 29 Food Service Fund 50 - $10,688,483 page 31 Trust Fund 72 - $38,800 page 33 Community Service Fund 80 - $2,775,768 page 35

Community Service Fund Activity Per Statute, the State of Wisconsin requires communication to provide awareness of the types of expenses included in our Fund 80. The following is a summarized list: After-school academic programming is offered to eligible students in the community at various schools Middle School sports are available to age-appropriate members of the community School & Community Resource Officers Board of Education communications, specific as it relates to the taping of monthly meetings

Community Service Fund Activity

Property Levy ($) and Rate (%) Info Tax (Mill) Rate Property Taxes (Levy) Total Assessed (Equalized) Value = ÷ Rate is spread out equally among all taxpayers Changes in property values (increases and decreases) across the state impact GBAPS 2017-18 Property Value Increase by 4.09% 2017-18 Levy Increase by 3.48% (est) Taxation Rate will decrease compared to 2016-17

2017-18 Budget Proposal A balanced general fund is being presented Staffing (# and possible raises) are budgeted Debt defeasance planned for the spring 2018 at $1.6M to pay debt earlier than scheduled The mill rate (%) is estimated to fall by approximately 0.59% to 10.10.

Mill Rate Proposal School Year Mill Rate History Change 08-09 8.60   09-10 9.07 5.47% 10-11 9.67 6.62% 11-12 10.02 3.62% 12-13 10.39 3.69% 13-14 10.11 (-2.69%) 14-15 (-0.89%) 15-16 10.16 1.40% 16-17 0.00% 17-18 10.10 (-0.59%)

Estimates and Assumptions Tonight Estimates and assumptions are still visible this afternoon as we discuss both revenues and expenditures. Because of this: Membership count may be updated for 11/1 Budget Adoption Salaries & minor staffing need to be finalized Budget is a working document…amendments will be brought forward as changes are made The 2018-19 budget process is already underway

Thank you… www.gbaps.org