1. LAKESIDE SCHOOL DISTRICT BUDGET PRESENTATION 2012-2013

2. Millage Explanation Uniform Rate Tax-25 mills The department of education requires every school district to have a uniform rate of tax of a minimum of 25 mills. This budget explanation uses a 98% guaranteed collection rate on the required 25 mills. Mills above URT-12.7 mills The Lakeside School District has 12.7 mills above the required URT. This budget explanation uses a 90% collection rate on the 12.7 mills above the 25 URT mills.

3. Revenue Generated from Tax Dollars Revenue from the 25 URT $406,737,752(total assessment) x.025(uniform rate of tax x 98% state guaranteed payment rate)= $9,965,074.9 rounded up to $9,965,075 Revenue from the 12.7 mills $406,737,752 (total assessment) x.0127 (mills above URT x 90% conservative rate) = $4,649,012.5 rounded up $4,649,013

4. Local and State Funds State Foundation Funding Aid $9,250,167 Uniform Rate of Tax - 98% $9,965,075 Local revenue above URT -90% $4,649,013 Alternative Learning Environment $129,377 National School Lunch $646,767 Professional Development $133,040 General Facilities Funding $10,422 ELL Funding $27,450 Total local and state funding $24,811,311

5. Support Services Resource Officer- $60,000 Lawn Service- $45,000 David’s Janitorial- $600,000 Computer Tech help- $180,000 Construction helper $60,000 Athletic Trainer- $25,000 Drug Testing-$12,000 Data Max Copiers $222,000 Sub Teach $275,000 Other purchased services approximately $350,000 Bugman, Kerr Security, police, plumbing, Lawn Doctor, air conditioning, electricians, roof maintenance, etc Total $1,829,000

6. Insurance Fleet Insurance- $20,000 Property Insurance- $110,000 Liability Insurance- $7,200 Accident Insurance-$16,100 Total $153,300

7. Major Expenses Operating Fund Certified Pay $11,300,000 Classified Pay $1,537,922 Benefits- approx 25% $3,209,480 Utilities $690,000 Transportation $709,700 Purchased Services $1,829,000 Construction $550,000 Debt Service $1,617,640 Insurance $153,300 Total $21,597,042

8. Projected Ending Operating Balance Beginning Balance $3,022,000.00 Operating Revenue $23,864,255.00 Operating Expenses $23,863,299.91 Projected Ending Balance $3,022,955.09

9. Conservative Budget This is a very conservative budget. I figured all collections above the URT on a 90% collection rate and it will be much higher. I have not figured in any growth funds. At last count we were up 144 students which will amount to $800,000 if the students stay. I do not try to budget for growth as a conservative measure unless it is necessary. I also did not include the $1,700,000 in the operating fund (we have it in a building fund instead and it is not obligated) we will benefit from doing away with 40% pullback and how it effects the bottom line on June 30 th. I feel very strong about this budget and I have built in protections which will help us with possible new legislation concerning choice, or necessary projects on the horizon. I always pad the budget in utilities and gasoline. If we go to war or if the economy goes south we want to be prepared and we are with this budget. I hope this power point has made the lengthy report a little easier to read.