2. Proposed Financial Plan for Fiscal 2017-2018
BUDGETED FUNDS SUMMARY %
ACTUAL
REVISED
PROPOSED
Inc/(Decr)
BY FUND:
OPERATING FUND
$ ,397,991
$ ,114,776
$ ,333,300
3.08%
GRANTS FUND
7,285,677
11,598,597
11,380,000
-1.88%
FOOD SERVICES FUND
7,025,816
8,134,000
8,272,120
1.70%
$ ,709,484
$ ,847,373
$ ,985,420
2.64%

3. Revenue - All Funds

4. Expenditures by Major Classification

5. Expenditures by Object Code
Personnel compensation and benefits make up % of the Operating Fund budget.

6. Changes in Revenue: State Revenue
Supplemental Lottery increase $2,016,490
Fringe Benefits state portion of rate increase* ,021
Other programs Net of increases/decreases ,194
Bonus 1.5% State share (net of raise revenue 616,665) (216,207)
Regional Special Ed tuition (SECEP) decrease (203,597)
Remedial Summer School decrease* (136,377)
Total increase state revenue ,052,524
Additional Local Appropriation Request ,000,000
Federal and Other Revenue ,000
Total Increase in Revenue $4,218,524
* Expenses must also increase/decrease to mandated levels changed by State
* Note: State Revenue is based on ADM of 13,800 students

7. History of State Funds
State Funding $86,453,000

8. Local Revenue: Blue = Funded amount Yellow =Requested amount
Red = Funded amount Blue = Requested amount
Blue = Funded amount Yellow =Requested amount

9. Strategic Planning and Budget
Comprehensive Six-Year Plan
School Board Goals:
Improve student achievement and close the academic achievement gaps
Provide a safe and nurturing environment
Provide strong leadership for effective and efficient operations
Advance academic achievement through enhanced instructional skills, gained by professional development
Strengthen collaboration with stakeholders; increase parent & community satisfaction

10. 2017-2018 Proposed Budget Provide Staff with Average 2.4% Raise
$1,905,744
Employer Contribution to Retirement: $830,897
The Pruden Center: $737,087
Increased cost of health benefits: $602,015
Increased cost of WC benefits: $142,781
Total increase $4,218,524
Note: All raises include 1% final year of VRS “phase-in” as required by law