preliminary - boarddocs, a diligent brand · 6/29/2015 · full-day kindergarten (fdk) $ 55.5 zoom...

2016

June 29, 2015

FY

2015-2016 AMENDED FINAL BUDGET

Reference 4.01 of 14Jim McIntosh June 29, 2015

April May June July

Tentative Budget

Adoption

April 8

Board Work Session

Tentative Budget

Submission

Required by April 15

To State Department of

Taxation

Final Budget Adoption

May 20

Adoption of Final Budget

2016 Fiscal Year

Begins

July 1

Final Budget Submission

Required by June 8

To State Department of

Taxation

March February January

Budget Initiatives

Submitted

By Division & Department

Leaders

Budget Initiatives

Prioritized

By the Superintendent &

Executive Team

Amended Final

Budget Submission

Required before 30 days

after Legislature adjourns

Adjournment of the 78th

NV Legislative Session

Amended Final Budget

Presented to Board of

School Trustees

December

2016 Revised

Amended Final

Budget

Dec 10


Reference 4.01 of 14

$0

$20

$40

$60

$80

$100

$120

$140

$160

$180

2008 2009 2010 2011 2012 2013 2014 2015 2016

($ millions)

2% 2% 2%

1% 1% 1% 1.25%

Exception to Board Policy of 2% Unassigned Ending Fund Balance

CCSD Regulation 3110

1.50% 1.75%

(General Operating Fund)



Basic Guaranteed Support - Distributive School Account (DSA)

$4,252 $4,285

$4,489

$4,891 $4,958 $4,962

$5,035

$5,136

$5,257

$5,457 $5,527 $5,512

$4,000

$4,500

$5,000

$5,500

$6,000

2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Including a total of $85 million in required

transfers from CCSD’s capital funds

between 2010 and 2013

+$33

+$204

+$402

+$67 +$4 +$73

+$101

+$121

+$200 +$70

-$15




Distributive School Account (DSA)

# County 2015 2016 Diff # of Students DSA Total

1 Carson City 6,637$ 6,908$ 271$ 7,354$ 1,992,826$

2 Churchill 6,621 6,720 99 3,427 339,273

3 Clark 5,527 5,512 (15) 311,442 (4,671,624)

4 Douglas 5,941 5,980 39 6,793 264,923

5 Elko 6,707 7,532 825 9,363 7,724,805

6 Esmeralda 15,590 24,331 8,741 62 545,438

7 Eureka* 5,653 9,633 3,980 - -

8 Humboldt 5,738 6,476 738 3,380 2,494,145

9 Lander 3,955 4,374 419 988 413,888

10 Lincoln 10,369 10,534 165 986 162,690

11 Lyon 7,150 7,246 96 7,892 757,594

12 Mineral 9,561 8,980 (581) 459 (266,679)

13 Nye 7,104 7,766 662 4,952 3,278,356

14 Pershing 8,964 9,229 265 667 176,808

15 Storey 8,309 8,111 (198) 388 (76,784)

16 Washoe 5,582 5,612 30 61,560 1,846,788

17 White Pine 7,376 7,799 423 1,303 551,338

Statewide (avg) 5,676 5,710 34 421,015 15,533,785

*Source document did not contain data from Eureka School District.



• Expiration of Class Size Reduction (CSR) “+2” Waiver

• Expiration of the textbook and supplies Minimum

Expenditure Requirement (MER)

• Reduction in DSA per pupil amount (-$15) year-over-year

• Increases in expenditures

• Salary rollups*

• PERS rate increase

• Magnet and Select schools expansion

Amended Final Budget deficit = $67 million

*Per the Senate Committee on Finance and Assembly Committee on Ways and Means Closing List #3:

“The Executive Budget does not provide for across the board salary increases for school district or charter

school employees in the upcoming biennium.”



($ millions)

1. Elimination of salary rollups $ 32.3

2. Increase class sizes (grades 4 thru 12) by 0.5 student 9.1

3. 2015 one-time carryover 5.1

4. Decrease fuel budgets 5.0

5. Transfer debt service to Bond Fund 4.8

6. Year-round school salary deferral (one year impact) 3.4

7. Capital improvement departments transfer to Bond Fund 3.3

8. Reduce expense to General Fund for Food Services refuse 2.3

9. Reduction in administrative department budgets 1.6

Total $ 66.9




Staffed at 17:1 in grades 1 and 2

Staffed at 20:1 in grade 3

Grades 4-5

Increase by 0.5 to 32.5:1

Grades 6-12 Increase by 0.5 to 35.5:1

Class Size Reduction Fund Grades 1-3

General Operating Fund

• Loss of $16 million in funding for CSR

• $129 (Final Budget) to

• $113 (Amended Final Budget)

• This will save approximately $9.1 million in the General Operating Fund



General Operating Funds

Total Resources $2,306,701,000

Total Expenditures & Transfers $2,254,120,000

Ending Fund Balance $52,581,000 Assuming Waiver of 2 percent Board Policy Including

1.75% unassigned

-

=

0100200

2008

2009

2010

2011

2012

2013

2014

2015

2016



($ millions)

Full-day Kindergarten (FDK) $ 55.5

Zoom Schools* 39.3

Victory Schools 18.4

Career and Technical Education (CTE) 7.7

Incentives for new teachers 7.4

Nevada 21 Tech Grants 7.4

Anti-Bullying Initiative/Social Workers 4.1

Regional Professional Development Program (RPDP)* 4.0

Gifted and Talented Education (GATE) 3.8

Read By Three 3.6

Great Teachers and Leaders 3.6

Early Childhood 2.5

Science, Technology, Engineering, and Mathematics (STEM)

2.2

Turnaround Schools 1.9

Broadband Wide Area Network (WAN) 0.7

Total Categorical Funding $ 162.1

All figures are estimates of 74% of the State total except for items marked (*) which are exact awards.

(State Projects Fund)



• The recently passed Senate Bill-207 authorizes

the Board of School Trustees to issue general

obligation bonds for a period of 10 years.

• The district is prepared to issue as much as

$500 million this year.



• Remaining 1998 Bond Program currently has $95

million left, which has been allocated to various projects

and will complete the 1998 Program.

• Current 2015 Bond Program

(2015 Capital Improvement Plan)

• $125 million appropriated for fiscal year 2016

Projects to include:

• 12 new schools

• 2 replacement schools



Present Revised Amended Budget (December 2015)

Will adjust for changes in –

Employee contracts

State and local revenues

Enrollments

Any other budget factors



preliminary - boarddocs, a diligent brand · 6/29/2015 · full-day kindergarten (fdk) $ 55.5 zoom...

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