1 / 17

Skamania School District F-195 & F-195F 2019-20

Skamania School District F-195 & F-195F 2019-20. ENROLLMENT. K-8 = 66 (-16.73 vs 18/19 AAFTE) Decrease of 15 from 18/19 budget. REVENUES . Federal (grants) Title I, Title II, Food Service, etc. State (general & special purpose) Based on projected enrollment

joev
Download Presentation

Skamania School District F-195 & F-195F 2019-20

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Skamania School DistrictF-195 & F-195F 2019-20

  2. ENROLLMENT • K-8 = 66 (-16.73 vs 18/19 AAFTE) Decrease of 15 from 18/19 budget

  3. REVENUES • Federal (grants) • Title I, Title II, Food Service, etc. • State (general & special purpose) • Based on projected enrollment • Local (levy and direct payments) • Federal Forest proceeds budgeted at $90,000/yr for 19/20 thru 22/23 • Other Financing Sources – Grant contingencies • TOTAL = $1,490,006

  4. Revenue Summary

  5. Revenues

  6. EXPENDITURES & TRANSFERS • Staffing • Comprises approx. 52% of the total budget = $840,495 • M.S.O.C. (Materials, Supplies & Operating Costs) • Comprises approximately 58% of the budget = $764,901 • Grant contingency is $200,000 or 13% of the expenditure total • TRANSFERS • No Transfers are budgeted • TOTAL = $1,605,396

  7. Expenditure Summary

  8. Expenditures

  9. GENERAL FUND BALANCE • Beginning Undesignated/Unreserved (GL 890) = $370,017 • Estimated Total Ending Fund Balance = $191,627 • Net Change in Fund Balance Due to Operations = ($115,390)

  10. Required MSOC Disclosure MSOC information F-203 MSOC revenue generated: Regular Ed MSOC $85,349 Small School enhancement 1,661 MSOC revenue generated $87,010 Program 01 and 97 MSOC Expenditures $293,826 Expenditures over (under) revenue $206,816

  11. CAPITAL PROJECTS BUDGET • Capital Projects budget is a continuation of projects started or initiated in 2018-19. • Source of funding is State Urgent Repair Grant and Healthy Kids Food Service Grant

  12. CAPITAL PROJECTS BUDGET SUMMARY

  13. F-195F Background: • Four year outlook • Intended Use

  14. Assumptions: • District enrollment is budgeted to decrease by 3 to 4 FTE/year for years 2, 3, & 4. • Federal Forest monies are projected at $90,000 per year • Increases in operational MSOC to 2.0% per year for years 2/3/4 • Rate of growth in districtwide salary/benefits in years 2/3/4 is 2% • Local Levy will continue at $175 K per calendar year

  15. Summary View General Fund

  16. Outcomes: • Operational Deficit: Annual Expenditures outpace revenues in this look between $62 K to $115 K • Projected Fund Balance: This F-195F does not providea positive ending fund balance for at the end of year 4 ($45 K)

  17. Summary • Apportionment is basically flat over four year look due to falling enrollment. • Enrollment decrease from results in in decrease in funded CIS units from 4.983 units in 18-19 to 3.680 units for future years. Enrollment under 70 funds 4 Certificated units – 3.76 CIS and 0.32 CAS units. • The loss of the Small School Factor of an additional .500 unit for enrollment over 70 is the cause of the additional reduction.

More Related