Douglas County School District Re.1 Proposed Budget Fiscal Year 2010 – 2011 Presented to the Board of Education Tuesday May 18, 2010

BOE Presentations May 18, 2010 ~ Tonight ~ Information Only Proposed General Fund Budget Proposed Non-General Fund (“Other”) Budgets June 15, 2010 Approve and Adopt All Funds: FY 2010–2011 Budgets Budget Resolution for FY Appropriation Resolution for FY Resolution Authorizing Use of Beginning Fund Balance Resolution Authorizing Inter-Fund Borrowing

Tonight’s Agenda Compliance Colorado and Federal Law Board Goals and Executive Limitations Proposed FY General Fund Budget

Tonight’s Agenda (cont.) Proposed FY Other Funds’ Budgets Overview: Fund Function and District Operations Fund Detail Capital Reserve Fund Governmental Designated-Purpose Grants Fund Athletics and Activities Fund Debt Service/Bond Redemption Fund Building Fund Nutrition Services Fund

Tonight’s Agenda (cont.) Proposed FY Other Funds’ Budgets Overview: Fund Function and District Operations Fund Detail Childcare Fund (BASE) eDCSD Fund Full Day Kindergarten Fund Risk Related Insurance Fund Insurance Reserve Fund Pupil Activity Fund Trust and Agency Fund

Compliance with Executive Limitations EL 1.5 Financial Planning and Budgeting: Financial planning may not deviate materially from the Board’s Ends priorities, risk financial jeopardy, or fail to be derived from a plan projecting at least five years.

General Fund Assumptions Fiscal Year School Finance Act update Inflation Rate = (.60)% Amendment 23’s 1% Base PPR = (.60)% + 1% =.40% Increased Funded Pupil Count District wide from 56,555 to 57,213 Per-Pupil Revenue = $6,545 * * Dependent on FTE and At-Risk Pupils

Proposed FY General Fund Revenues Total Revenues $443,725,030

Proposed FY General Fund Expenditures Total Expenditures $440,874,604

Assumptions Underlying Projected FY 2010–2011 Budget and Five-Year Plan  Inflation YearPercentage Rate 2005 – % 2006 – % 2007 – % 2008 – % 2009 – % 2010 – 2011 (.60)% 2011 – % * % * % * * Projections provided by Legislative Council

Proposed General Fund Budget FY FY Ending Fund Balance based on FY June Adopted Budget

General Fund Five Year Financial Projection FY Ending Fund Balance based on forecast of FY Fund Balance

General Fund Projection Assumptions

Capital Reserve Fund Proposed FY Budget Capital Reserve Fund will include the following:  District wide relocation of mobiles  Wide Area Network (WAN)  Annual ITS licenses and maintenance agreements

Capital Reserve Fund Proposed FY Budget

Governmental Designated Purpose Grants Fund Proposed FY Budget Accounts for most federal, state and local grant funds received by the District No Child Left Behind Title I, Part A: Basic Title II, Part A: Teacher Quality Title III, Part A: English Language Learner IDEA: Part B (Handicapped) FY will see Federal Stimulus Dollars – American Recovery and Reinvestment Act (ARRA) spending completed

Governmental Designated Purpose Grants Fund Proposed FY Budget

Athletic and Activities Fund Proposed FY Budget This fund is used to capture all revenues and expenses directly related to CHSAA sponsored athletics and activities Major revenues include transfer from the General Fund, participation fees, gate and door admissions, and fund raising efforts

Athletic and Activities Fund Proposed FY Budget

Debt Service/Bond Redemption Fund Proposed FY Budget This fund is for recording dedicated property taxes and payment of outstanding principal and interest on the District’s general obligation bonds In respect of the District’s fiscal year, principal payments are made once a year in December and interest is paid twice a year, in December and June

Debt Service/Bond Redemption Fund Proposed FY Budget

Building Fund Proposed FY Budget  This fund serves to manage the construction of District facilities financed by proceeds arising from the sale of general obligation bonds  Projects slated for FY include:  Sage Canyon Elem Completion  Fox Creek Elem Remodel & Additions  Roxborough Primary Remodel  Coyote Creek Remodel & Additions  Pine Grove Remodel & Additions

Building Fund Proposed FY Budget

Nutrition Services Fund Proposed FY Budget Nutrition Services is a District enterprise fund Approximately 80% of this fund’s revenue is derived from the sale of school breakfasts and lunches The majority of the remainder is federal reimbursement & commodities

Nutrition Services Fund Proposed FY Budget

Childcare Fund (B.A.S.E.) Proposed FY Budget Operates as an enterprise operation, with approximately 5,000 children currently enrolled 39 programs in operation providing Before and After School, Kindergarten Enrichment, Intercession and School Break Self supporting programs with revenues derived from tuition

Childcare Fund (B.A.S.E.) Proposed FY Budget

eDCSD Fund Proposed FY Budget eDCSD, the online K-12 education option introduced by DCSD in 2008, is now “The Colorado Cyber School” It is open to any student who resides in Colorado at no cost to them Classes are offered in three learning environments: Mentored Independent Self-Paced

eDCSD Fund Proposed FY Budget

Full Day Kindergarten Proposed FY Budget Tuition and scholarship paid program Expanded development of Literacy and Math skills Enhanced social and learning skills aiding transition to First Grade

Full Day Kindergarten Proposed FY Budget

Insurance Reserve Fund Proposed FY Budget This fund provides resources for the District’s: property/casualty premiums and property/casualty claims related loss prevention services including safety vehicle insurance workers’ compensation environmental compliance expenses litigation management expenses Participating with Douglas County Safe Routes to School Program along with other District departments

Insurance Reserve Fund Proposed FY Budget

Medical Self-Insurance Fund Proposed FY Budget District and employee medical and dental premium payments to self-fund the health insurance benefit program In FY , the Medical Plan became a high deductable plan with a Health Savings Account (HAS) The fund has provided for the following increases: 15.0% increase in medical insurance premiums Decrease in dental insurance premiums Elimination of the vision insurance premiums

Medical Self-Insurance Fund Proposed FY Budget FY Proposed figures contingent upon final open enrollment numbers

Pupil Activity Fund Proposed FY Budget This fund is a combination of individual school’s funds for extra- curricular student activities and discretionary activities such as magazine sales and 5K runs Revenues are primarily generated by fund raising efforts and participation fees These monies are spent at the individual school’s discretion

Pupil Activity Fund Proposed FY Budget

Private Purpose Trusts Fund Proposed FY Budget Monies where the District acts as a fiduciary agent; holding assets for the benefit of parties outside the District Includes an account funded by a private gift used towards scholarships Funds cannot be used to support District programs

Private Purpose Trusts Fund Proposed FY Budget

Proposed FY Budgets Next Steps Changes to FY Proposed Budgets Transportation Fund Medical Self-Insurance Fund Review FY Budgets for Supplementals Present all FY Budgets for Adoption