WOODLAND SCHOOL DISTRICT YEAR END FINANCIAL SUMMARY Presented by: Stacy Brown Director of Business Services

Historical Fund Balance Summary  History of total fund balance at year-end and the percentage of budgeted expenditures Year Ended% of ExpendituresBudgetTotal Fund Balance % $ 19,582, $ 860, % $ 21,340, $ 1,316, % $ 20,203, $ 1,772, % $ 20,707, $ 2,436, % $ 21,029, $ 2,967, % $ 21,251, $ 2,515, %$ 23,652,108.00$ 2,785, %$ 25,016,430.00$ 2,842,390.00

Fund Balance/Enrollment August 31, 2015August 31, 2014 Total Ending Fund Balance$2,842,390$2,785,917 Restricted for Program Carryover $ 8,514$ 13,000 Reserved for Prepaid Exp $ 220,992$ 106,817 Assigned for Contingency $ 0$ 127,500 Assigned for Building/Dept CO $ 78,758$ 108,397 Unreserved Fund Balance$2,534,125$2,430,202 Unreserved FB Increase from to $ 103,923$ 947,102 BUDGETED ENROLLMENT 2,1272,119 ACTUAL ENROLLMENT 2, ,182.83

Unbudgeted Items Directly Affecting Total Fund Balance Item/Description Administrator Salaries/Benefits Greater Than Budget($156,000) Unbudgeted Staff Costs for Reconfiguration/Moving($145,000) Unbudgeted Attorney/Audit/Election Fees($313,000) Unbudgeted Special Ed Out of District Expenditures($ 41,000) Unbudgeted Maintenance Supplies($ 68,000) Additional Transfer to CPF for KWRL Paradise Point Site($256,000) Unbudgeted Maintenance (Painting/Carpet/Floors)($130,000) Unbudgeted Van Purchase (to replace total in accident)($ 42,000) Sick Leave Buy-Back/Retirements Less than Budgeted$ 85,000 Benefits Budgeted for Capacity$267,500 Taxes/Local Effort Assistance Greater than Budgeted$299,000 Transportation Unfunded Less than Budgeted$280,500 Pcard Rebate Greater than Budgeted$ 15, Students Over Budget$150, Special Ed Students Over Budget/Safety Net Greater than Budgeted$110,000 Total$ 56,000

Levy Dollars Expenditure TypeLevy Dollars Levy Dollars Certificated Salaries $ 675,150$ 532,400 Classified Salaries $ 930,450$ 619,700 Administrator Salaries $ 353,450$ 269,880 Benefits $ 760,500$ 511,125 Supplies/Services/Travel/Utilities/Insurance $1,263,310$ 900,170 Substitutes$ 13,250$ 139,800 Extracurricular$ 410,900$ 403,015 Special Education$ 139,855$ 18,000 Food Service Program$ 40,500$ 16,900 Transportation$ 213,600 KWRL Site/Remodel$ 324,300$ 109,300 Hi-C/TPEP/Other State Programs$ 45,300$ 0

General Fund Revenues Source of FundsAmount Local Taxes (Levy)$ 3,864, % Local Receipts$ 497,2461.9% State Apportionment/LEA$ 13,405, % State Special Purpose$ 5,622, % Federal Funds$ 1,622,7486.4% From Other Districts$ 492,4381.9% Operating Transfer$ 00% Total Revenues$ 25,504,607100%

Total Expenditures by Type Total Expenditures = $25,016,430 Administrative = 3.8% Certificated = 32.4% Classified = 20.9%

Salaries – All Programs $9,059,225$5,237,443

Expenditures by Program-Comparison to Prior Year

Activities - General Basic Education Amount ($) Amount ($) Difference Supervision Instruction$ 110,497$ 109,572 $ 925 Learning Resources$ 241,062$ 237,773 $ 3,289 Principal’s Office$ 1,464,776$ 1,184,346 $ 280,430 Guidance & Counseling$ 376,861$ 362,458 $ 14,403 Pupil Safety & Management$ 29,581$ 24,699 $ 4,882 Health Services$ 115,408$ 112,418 $ 2,990 Teaching$ 8,642,189$ 8,401,592 $ 240,597 Extra Curricular$ 410,918$ 403,015 $ 7,903 Prof Dev/Inst Tech/Curr$ 382,217$ 244,409$ 137,808 Totals$11,773,508$11,080,283$ 693,225 Includes Basic Ed Only – Increases due to increased apportionment and account code changes. Teaching is 73.4% of Basic Ed

District Wide Support The greatest difference between years was for the Board. This is due to the large amount paid for attorney’s fees in District Wide Support Expenditures = $3,960, % of Total Expenditures for

Transportation & Food Service  Total Students transported = 3,900 per day (Based on the count week totals)  Total Expenditures = $3,460,753  Total Revenues = $3,396,500 ,,  Total Unfunded = $61,254 Woodland’s portion paid by Levy dollars to support transportation = $19,600  Total Meals Served = 233,000  Total Expenses = $753,896  Total Revenues = $713,406  Sodexo Guarantee $4,873, actual ($40,490). There are some expenditures in this total that are outside of the contract. I will be meeting with Sodexo to reconcile for year end. Transportation Food Service

Before and After School Care  The WCC and YCC programs add opportunities for parents and students in a small community without many daycare options for families  Programs served about 100 families throughout the year and also provided summer care  WCC program is licensed by the state and able to provide options for low income families  Daycare programs ran at a profit of $1,020 before indirects. Last year they had a profit of just over $4,000. In prior years the district was subsidizing $11,000 to $14,000 per year with levy dollars. I expect this level of profit to become the norm.  WCC profit of $8,800 and YCC loss of ($3,300). WCC change due to increased participation, increased reimbursement from DSHS and providing only before and after school care

Capital Projects Debt Service ASB Transportation vehicle

 Beginning Fund Balance$18,405,022  Revenues/Other Fin Srce$11,120,589  Expenditures$28,232,269  Ending Fund Balance$1,292,856

This fund is used to collect tax revenue and pay the principal and interest on bonds. Payments are made twice a year, December and June. Amount available for principal/interest at August 31, 2015 = $1,777,298 Debt Balance 9/1/14 Debt IssuedDebt Redeemed Debt Balance 8/31/15 Voted Debt$55,675,000$ 2,600,000$ 4,405,000$53,870,000 Non-Voted Debt $ 209,920$ 0$ 103,895$ 106,025 Total$55,884,920$2,600,000$ 4,508,895$53,976,025

 Beginning Fund Balance$154,600  Revenues$255,270  Expenditures$246,508  Ending Fund Balance$163,362 ASB funds are for the extracurricular benefit for the students. Their involvement in the decision-making process is an integral part of associated student body government.

 Beginning Fund Balance$3,676,417  Revenues$ 662,860  Expenditures$ 780,812  Ending Fund Balance$3,613,477 This fund is used to replace buses. Revenue comes from the State (in the form of depreciation payments), interest earned on the investments and the annual levy payments made by the for Co-Op districts. This fund is fully self-supporting with state depreciation funds.