1. LAMOILLE NORTH SUPERVISORY UNION
BUDGET
January 16, 2018

2. The FY19 Budget For Central Office Includes:
Third Year of Transportation Costs accumulated at SU level
Increased Consolidation of Special Education costs at the SU Level including Pre-K/EEE Coordination
Comprehensive Benefit Adjustments/Allowances for New Health Plans
Additional $110,000 Reserves Applied to Reduce General Assessment in support of Health Cost Recaptures
Additional $130,287 Reserves Applied to offset increases to SPED
The FY19 Budget For Central Office Includes:

3. FY 19 Lamoille North Supervisory Union Budget w/o SPED
Total Budget: $3,758,114 Minus: Grant Funded ($ 155,476) Minus: Transportation & Services to Schools ($1,906,300) Minus: Misc. Revenues ($ ,419) Assessment Expenses $1,645,919 Minus: Reserves Applied (offset Recapture) ($ 189,713) FY 19 Non-SPED Assessment Costs: $1,456,206

4. FY 19 Lamoille North Supervisory Union Budget with Net SPED Costs
FY19 SPED costs: $6,026,610 Minus: Reserves (offset increases) ($ 130,287) Minus: Estimated SPED Revenue: ($3,867,898) FY19 SPED Assessment: $2,028,425 FY19 Non-SPED Assessment: $1,456,206 FY19 Assessment with SPED: $3,484,631

5. ASSESSMENT REVENUES Minus Revenues Budget FY17 Budget FY18 Budget FY19
ASSESSMENT BUDGET
$6,638,028
$9,222,099
$9,784,724
Minus
Reserve (Fund Balance)
$79,713
$320,000
Interest
$750
Grant Revenues
$197,566
$197,482
$155,476
Grant Administration
$34,314
$44,669
Billed Services (Transportation & Direct Salaries)
$979,358
$1,205,897
$1,202,477
Miscellaneous
$5,000
Transportation Aid
$709,190
$711,609
$703,823
Special Ed Revenue
$397,660
$3,483,732
$3,867,898
Assessment
$4,234,478
$3,493,247
$3,484,631
ASSESSMENT REVENUES

6. Regular Transportation FY19 Costs FY19 Local District Budget
Title 16 VSA 261(a)
Transportation…
Regular Transportation FY19 Costs
FY19 State Aid Offset
FY19 Local District Budget
LNMUUSD
$ ,282,510
$ ,654
$ ,856
Cambridge
$ ,258
$ ,168
$ ,090
$ ,675,768
$ ,822
$ ,946

7. Resulting In An Assessment Allocation Based On October Enrollment ADM

8. October 1, 2017 ADM Count

9. LNSU FY19 ESTIMATED ASSESSMENT (1/16/17)
Non-SPED Assessment
FY2017
FY2018
FY2019 %
1,361,774
1,462,420
Student Count
1,456,206
CES Assessment
19.38
263,868
19.46
284,514
355
18.06
262,946
LNMUUSD 058A
39.36
536,055
40.05
585,765
759
38.61
562,187
LNMUUSD 058B
34.09
464,249
34.22
500,476
731
37.19
541,448
GMTCC
7.17
97,602
6.27
91,665
121
6.15
89,623
SPED Assessment
FY2017
FY2018
FY2019 %
2,872,703
2,030,827
Student Count
2,028,425
CES SPED Assessment
19.37
556,306
19.46
395,098
355
18.06
366,272
LNMUUSD 058A SPED Assessment
39.28
1,131,156
40.05
813,438
759
38.61
783,100
LNMUUSD 058B SPED Assessment
41.26
1,185,241
40.49
822,291
731
43.34
879,053

10. Thank You!