2012 – 2013 PROPOSED BUDGET Presented by: Tish Grill

Revenue Budget11-12 BudgetNet Change Property Taxes$14,533,265$13,200,000$1,333,265 Interest on Investments$178,525$173,525$5,000 Local Revenue$123,500 $0 State Revenue$2,572,739$4,184,837-$1,612,098 Federal Revenue$12,000$25,000-$13,000 TOTAL REVENUE$17,420,029$17,706,862-$286,833

State Revenue Net Change Average Daily Attendance ADA and Program Adjustments-$362,273 ASATR$456,693$1,706,518-$1,249,825 Total Loss in State Revenue-$1,612,098

Instruction Functions 11, 12, and 13 Payroll Cost $9,884,491 Contracted Services $121,697 Supplies and Materials $342,035 Operating Expenses $71,579 Total Instruction Budget $10,419,802 59%

Instructional Support Functions 21, 23, 31, 33, 36 Payroll Cost $2,295,017 Contracted Services $132,848 Supplies and Materials $104,497 Operating Expenses $223,225 Total Instructional Support Budget $2,755,587 16%

Central Administration Function 41 Payroll Cost $301,073 Contracted Services $82,928 Supplies and Materials $11,570 Operating Expenses $38,585 Total Central Administration Budget $434,156 2%

District Operations Functions 34, 35, 51, 52, and 53 Payroll Cost $1,957,649 Contracted Services $881,490 Supplies and Materials $509,541 Operating Expenses $9,897 Total District Operations Budget $3,358,577 19%

Debt Service Function 71 Debt Payment $81,396 Total Debt Service Budget $81,396 <.5%

Other Functions 61, 81, 92, 99, and 00 Contracted Services $367,320 Supplies and Materials $3,200 Capital Expenses $77,596 Transfers Out $266,327 Total Other Budget $714,443 4%

12-13 Proposed Budget Payroll Cost $14,438,230 (81%) Contracted Services $1,586,283 (9%) Supplies and Materials $970,843 (5%) Operating Expenses $343,286 (2%) Debt Payments $81,396 (<.5%) Capital Improvements $77,596 (<.5%) Transfers Out $266,327 (2%) Total Operating Budget $17,763,961

Budget Deficit Total Revenue$17,420,029 Total Appropriations$17,763,961 Total Budget Deficit-$343,932 Budget Decreased by 1.5%

District Budget Revenue Cuts Budget11-12 BudgetNet Change General Operating Fund$17,420,029$17,706,862-$286,833 Title I, Part A$488,797$522,896-$34,099 Title II, Part A$80,285$89,809-$9,524 Title III, Part A$10,247$10,880-$633 IDEA.B$437,801$440,496-$2,695 IDEA.B Pre-School$5,780$6,592-$812 Carl D. Perkins (CATE)$26,518$28,488-$1,970 Education Job Funds$0$421,568-$421,568 College Readiness$0$132,650-$132,650 Total Revenue Decreased $890,784 (4.6%)

Average Daily Attendance

Debt Obligation

What happens next? June 18, 2012Adopt Budget and End of Year Budget Amendment July 25, 2012Certified Property Appraisals August 29, 2012Advertisement for Tax Rate Hearing and Tax Rate Adoption September 5, 2012Advertisement for Tax Rate Hearing and Tax Rate Adoption September 10, 2012Tax Rate Hearing September 10, 2012Tax Rate Adoption October 8, 2012Budget Amendment if necessary

Looking Ahead to Enrollment Attendance Attrition

QUESTIONS?