1. 2014 – 2015 BUDGET HEARING Presented by: Tish Grill

2. 2014 – 2015 Budget Hearing Proposed Revenue Proposed Budget Budget Cuts Average Daily Attendance Debt Obligation Tax Rate Information District Budget Timelines Questions

3. Revenue 14-15 Budget 13-14 Budget Net Change Property Taxes$14,989,000$14,714,226$274,774 Interest Investments$164,525$173,525-$9,000 Local Revenue$87,500$97,250-$9,750 State Revenue$3,093,828$3,474,429-$380,601 Federal Revenue$15,000$24,500-$9,500 TOTAL REVENUE$18,349,853$18,483,930-$134,077

4. State Revenue Drivers Average Daily Attendance Weighted Average Daily Attendance SB 1458 Rider 71 Revenue Comptroller Property Values Local Tax Revenue ASATR

5. Instruction Budget Functions 11, 12 and 13 –Payroll Cost $9,914,958 –Contracted Services $99,694 –Supplies and Materials $362,033 –Operating Expenses $57,039 Total Budget $10,433,724 57%

6. Instructional Support Budget Functions 21, 23, 31, 33 and 36 –Payroll Cost $2,633,848 –Contracted Services $129,313 –Supplies and Materials $147,349 –Operating Expenses $249,835 Total Budget $3,160,345 17%

7. Central Administration Budget Function 41 –Payroll Cost $502,792 –Contracted Services $76,506 –Supplies and Materials $9,537 –Operating Expenses $44,700 Total Budget $633,535 3%

8. District Operations Budget Functions 34, 35, 51, 52 and 53 –Payroll Cost $2,027,732 –Contracted Services $890,695 –Supplies and Materials $569,322 –Operating Expenses $12,613 Total Budget $3,500,362 19%

9. Debt Payment Budget Functions 71 –Debt Principal and Interest $80,926 Total Budget $80,926 <1%

10. Other Operating Budget Functions 81, 91 and 99 –Contracted Services $463,362 –Capital Improvements $77,599 Total Budget $540,961 3%

11. 2014 – 2015 Proposed Budget Payroll Cost $15,079,330 Contracted Services $1,659,570 Supplies and Materials $1,088,241 Operating Expenses $364,187 Debt Service $80,926 Capital Improvements $77,599 –Total Proposed Budget $18,349,853

12. 2014 – 2015 Proposed Budget Proposed Revenue $18,349,853 Proposed Appropriations $18,349,853 PROPOSED BALANCED BUDGET

13. District Budget Cuts 14-15 Budget 13-14 Budget Net Change General Operating Budget$18,349,85318,483,930-$134,077 NCLB$532,793$585,620-$63,668 Title VI$0$42,605-$42,605 TOTAL BUDGET CUTS-$250,945

14. Average Daily Attendance

15. Debt Obligation

16. Tax Rate Information

17. District Revenue Budget General Fund Food Service Debt Service Federal Funds TotalPercentage Local Revenue $15,082,500$507,880$1,888,574$0$17,478,95477% State Revenue $3,093,828$6,330$0 $3,100,15814% Federal Revenue $15,000$744,826$0$1,113,023$1,872,8498% Other Revenue $158,525$0 $158,5251% TOTAL$18,349,853$1,259,036$1,888,574$1,113,023$22,610,486100%

18. District Appropriation Budget General Fund Food Service Debt Service Federal Funds Total% Instruction$10,433,724$0 $1,077,055$11,510,77951.0% Instructional Support$3,160,345$0 $35,968$3,196,31314.1% Central Administration $633,535$0 $633,5352.8% District Operations$3,500,362$1,259,036$0 $4,759,39821.0% Debt Payments$80,926$0$1,888,574$0$1,969,5008.7% Other Operating$540,961$0 $540,9612.3% Total$18,349,853$1,259,036$1,888,574$1,113,023$22,610,486100%

19. Timeline June 16, 2014Adopt Budget and End of Year Budget Amendment July 25, 2014Certified Property Values August 27, 2014Advertisement for Tax Rate Hearing and Adoption September 3, 2014Advertisement for Tax Rate Hearing and Adoption September 8, 2014Tax Rate Hearing September 8, 2014Tax Rate Adoption October 13, 2014Budget Amendment if necessary

20. Looking Ahead to 2015 - 2016 Enrollment Attendance Attrition 84 th Legislative Session begins 1-13-15

21. Questions?