1. Winter School District
2015
Annual Meeting
October 26, 2015

2. BUDGET PROCESS

3. FUND 10 BUDGET $4,116,000

4. FUND 27 BUDGET $567,531

5. FUND 38/39 BUDGET $336,545

6. FUND 50 BUDGET $196,637

7. FUND 80 BUDGET $136,136

8. REVENUE LIMIT FORMULA BASED ON FORMULA WHICH INCL UDES PRIOR YEAR BASE
$3,395,964
3 YEAR ENROLLMENT AVG- FTE=319 or down from 324
$10, Revenue Per Member
STATE AID is Down 20K
$130,514
EQUALIZED VALUATION
$448,737,860-UP

9. REVENUES ARE GENERATED FROM LEVY, STATE AID, LOCAL $ AND FEDERAL AID

10. FUND 10
EXPENDITURES
Down 48K

11. STATE EQUALIZATION AID
$180,937
$130,514
$208,893
$153,690

12. LEVY
FUND 10 $3,221,765 FUND 30 $304,132 FUND 80 $130,957 $3,656,828

13. TAX RATE COMPARISON 2011-12 2012-13 2013-14 2014-15 2015-16
$8.71 $8.45 $8.57 $ $8.14
2011 Equalized Value $468,248,469
2012 Equalized Value $455,908,979
2013 Equalized Value $442,499,224
2014 Equalized Value $438,434,376
2015 Equalized Value $448,737,860

14. $100,000 HOME TAX IMPACT
TAX OF $814
SCHOOL TAX

15. QUESTIONS?
DISCUSSION?
Thank You!