1. 2015-16 Budget Summary August 13, 2015 0

2. 1 Introduction

3. 2 2015-16 Fund Summary 2015-16 GeneralDebtCapitalTransp. FundASBServiceProjectsVehicle Estimated Beginning Fund Balance$6,467,920$446,504$9,412,295$24,665,000$139,666 Revenues73,526,1011,879,99211,229,64030,860,000467,258 Transfer In - For Tech100,000 Expenditures (Appropriation)73,626,1011,843,24313,181,71928,962,000600,000 Transfer Out100,000100000 Revenues Over (Under) Exp. 036,749-2,052,0791,898,000-132,742 Ending Fund Balance$6,467,920$483,253$7,360,216$26,563,000$6,924 Ending Fund Balance Detail Nonspendable250,000 Restricted10,405483,253697300625,913,000 Restricted Carryover LAP0 Restricted Food Service Revenue35,000 Committed to Skills Center553,315120,000 Committed to Min Fund Bal3,403,352 Committed to Tumwater West204,081 Committed State Forest Assigned to MS Reconfiguration300,000 Assigned to Turf Replacement60,000 Curriculum150,000 Curriculum Contingency20,000 Assigned to Fund Purposes387,210530,0006,924 Unassigned (for Payroll/Accts Pay)1,481,737 Total Fund Balance$6,467,890$483,253$7,360,216$26,563,000$6,924

4. 3 2015-16 Budget Highlights General Fund

5. 4 2015-16 Budget Highlights General Fund (continued)

6. 5 Enrollment Trends The chart below shows Tumwater School District’s student enrollment trends excluding New Market Skills Center, Tumwater West, and Running Start. District enrollment has been relatively flat for the past eight years in the range between 5,600 and 5,800 full-time equivalent (FTE) students. The 2015-16 budget assumes an overall increase mainly due to the addition of state funded Full-Day Kindergarten During this time New Market Skills Center enrollment has grown and declined and is budgeted to decline this next year based on the actual numbers from this year. 07-0808-0909-1010-1111-1212-1313-1414-1515-16* TSD Budgeted5,7915,7025,6695,6405,7205,6105,6905,7385,996 TSD Actual5,7225,6975,7035,7485,65256755760.75 Skills Center559629720678670695632558471 Running Start & Gravity101109958793116117132152 Total6,3826,4356,5186,5136,4156,3946,4396,4286,619

7. 2015-16 General Fund Budget Compared to 2014-15 6 2014-15*2015-16 $ ChangePct Chg Revenues/Other Financial Sources Local Taxes$13,826,306$14,185,460 $359,1542.6% Local Support Nontax2,479,7912,334,858 (144,933)-5.8% State General Purpose38,044,63843,581,560 5,536,92214.6% State Special Purpose8,951,1549,014,829 63,6750.7% Federal4,462,2314,384,394 (77,837)-1.7% Other25,000125,000 100,000400.0% Total Revenues$67,789,120$73,626,101 $5,836,9818.6% Expenditures Certificated Salaries$29,088,400$31,052,641 $1,964,2416.8% Classified Salaries11,077,60511,902,037 824,4327.4% Employee Benefits14,518,95616,672,050 2,153,09414.8% Supplies and Materials4,623,5584,685,010 61,4521.3% Purchased Services7,620,8429,054,364 1,433,52218.8% Travel155,063168,440 13,3778.6% Capital Outlay77,68591,559 13,87417.9% Total Expenditures67,162,10973,626,101 6,463,9929.6% Transfers Out00 0 Other Financial Uses00 0 Exp., Transfers & Uses$67,162,109$73,626,101 $6,463,9929.6% Revenues Minus Exp.$627,011$0 ($627,011) * From 2014-15 budget.

8. 7 2015-16 General Fund Revenues by Source – Chart Total Revenues: $73,626,101

9. 8 2015-16 General Fund Expenditures by Object Compared to 2014-15 2014-15*2015-16Difference % Chg Certificated Salaries$29,088,400$31,052,641$1,964,2416.8% Classified Salaries 11,077,605 11,902,037 824,4327.4% Employee Benefits 14,518,956 16,672,050 2,153,09414.8% Supplies & Materials 4,623,558 4,685,010 61,4521.3% Purchased Services 7,620,842 9,054,364 1,433,52218.8% Travel 155,063 168,440 13,3778.6% Capital Outlay 77,685 91,559 13,87417.9% Total$67,162,109$73,626,101$6,463,9929.6% * From 2014-15 original budget.

10. 9 2015-16 General Fund Expenditures by Object - Chart Total Expenditures: $73,626,101

11. 10 2015-16 General Fund Expenditures by Activity – Chart Total Expenditures: $73,626,101

12. 11 2015-16 General Fund by Program Tumwater Schools Only (Excluding Skills Center and Tumwater West) RevenueExpenditures Difference Basic Education Programs 01 Basic Education* 53,405,056$40,605,564 02 Alt Learning Experience - 448,891 03 Dropout Reengagement - 166,263 31-34 Career & Technical Ed1,891,1521,764,334 56 Tum West Indirects00 73 Summer School02,920 86 Community Services0468,089 97 Districtwide Support175,0009,097,873 Subtotal $ 55,471,207 $ 52,553,933 $ 2,917,274 Other Categorical Programs 21 State Special Education5,671,227 7,198,744 (1,527,517) 22 State Birth to Three Prog108,817 171,095 (62,278) 24 Federal Special Education1,215,1091,116,955 98,154 38 Federal Career & Tech Ed21,29420,604 690 51 Title I Disadvantaged819,325753,759 65,566 52 Title II Prof Devel199,499140,147 59,352 55 Learning Assistance1,043,9141,036,740 7,174 58 Special & Pilot Prog249,112225,625 23,487 64 Federal English Language00 0 65 Bilingual111,987189,212 (77,225) 71 Traffic Safety Education00 0 74 Highly Capable68,487317,231 (248,745) 79 Other Instructional Prog00 0 89 Community Services35,00014,693 20,307 98 Food Service1,823,7391,952,870 (129,131) 99 Pupil Transportation2,465,3223,568,246 (1,102,924) Total Tumwater Schools* $ 69,304,039 $ 69,259,854 $44,184 * All local levy and levy equalization revenue is included in Basic Education revenue in this display.

13. 12 2015-16 General Fund Budget by Program – All Schools RevenueExpenditures Difference Total Tumwater Schools$69,304,039$69,259,854 $44,184 New Market Skills Center Loc 650 Skills Center Basic$2,846,316$3,069,717 (223,401) Loc 653 New Market High School283,701294,539 (10,838) Loc 655 Summer School Program695,603681,762 13,842 3,825,6204,046,017 (220,397) Tumwater West Detention Center 56 State Institutions452,588$293,459 159,129 51 Title I Neg & Delinquent43,85426,770 17,084 496,442320,229 176,213 Total All Schools *$73,626,101 $0

14. 2015-16 Budget Highlights Other Funds 13

15. 2015-16 Capital Projects Fund Compared to 2014-15 14 2014-152015-16 $ ChangePct Chg Beginning Fund Balance$35,140,000$24,665,000 $ (10,475,000) -30% Revenues/Other Fin. Sources Local Impact Fees$1,000,000$550,000 (450,000) -45% Investment Earnings50,000150,000 100,000 200% Rental & Leases20,000 - 0% State Assistance35,000 - 0% New Market State50,00040,000 (10,000) -20% Bond Sales030,065,000 Transfer from Debt Service300,000100,000 (200,000) -67% Transfer from Gen Fund00 0 Total Revenues$1,455,000$30,960,000 29,505,000 2028% Expenditures Buildings$9,737,000$550,000 (9,187,000) -94% Sites2,085,00026,317,000 24,232,000 1162% Equipment265,0002,020,000 1,755,000 662% Energy471,0000 (471,000) -100% Bond-Related and Other75,000 - 0% Total Expenditures$12,633,000$28,962,000 $ 16,329,000 129% Transfer to Gen Fund0100,000 Ending Fund Balance $ 23,962,000 $ 26,563,000 $ 2,601,000 11% * From original 2014-15 budget.

16. 2015-16 Debt Service Budget Compared to 2014-15 15 2014-152015-16 Difference Beginning Fund Balance$10,485,826$9,412,295 $ (1,073,531.00) Reserve for Nonvoted Debt - - - Revenues/Other Fin. Sources Local Taxes$10,444,252$11,059,640 615,388 Investment Earnings50,000 - State Forest Revenue120,000 - Total Revenues$10,614,252$11,229,640 $ (458,143.00) Expenditures Voted Debt Bond Principal$8,890,000$9,485,000 595,000 Bond Interest2,931,4793,596,719 665,240 Bond Fees & Misc.100,000 - Nonvoted Debt Bond Principal00 - Bond Interest00 - Total Expenditures$11,921,479$13,181,719 $ 1,260,240.00 Transfer to Capital Projects$300,000$100,000 - Ending Fund Balance 8,878,599 7,360,216 $ (1,518,383.00) Reserve for Nonvoted Debt00 -

17. 2015-16 Transportation Vehicle Fund Compared to 2014-15 16 2014-15*2015-16 $ ChangePct Chg Beginning Fund Balance$196,297$139,666 (56,631) -29% Revenues/Other Fin. Sources State Depreciation$425,000$445,277 20,277 5% Interest Earnings1,0001,295 295 30% Insurance Recoveries010,686 Sale of Equipment5,00010,000 5,000 100% Total Revenues$431,000$467,258 36,258 8% Expenditures Bus Purchase$600,000 - 0% Total Expenditures$600,000 - 0% Ending Fund Balance 27,297 6,924 (20,373) -75% * From original 2014-15 budget.

18. 2015-16 Associated Student Body Fund Compared to 2014-15 17 2014-15*2015-16 $ ChangePct Chg Beginning Fund Balance$293,418$446,504 153,086 52% Revenues/Other Fin. Sources General Student Body$685,980$666,200 (19,780) -3% Athletics455,820433,985 (21,835) -5% Classes178,900260,900 82,000 46% Clubs368,345472,107 103,762 28% Private Moneys$29,25046,800 17,550 60% Total Revenues$1,718,295$1,879,992 161,697 9% Expenditures General Student Body$612,525$595,670 (16,855) -3% Athletics$518,679$509,558 (9,121) -2% Classes$174,185$221,880 47,695 27% Clubs$354,196$470,335 116,139 33% Private Moneys$29,250$45,800 16,550 57% Total Expenditures$1,688,835$1,843,243 154,408 9% Ending Fund Balance$322,878$483,253 160,375 50% * From original 2014-15 budget.