purpose - sioux falls school district · 2017-04-10 · fy18 budget superintendent’s message:...

Prepared by the Finance Office April 10, 2017 Presented by: School Board Members on Budget Review Committee, Superintendent and Business Manager

FY18 School District Budget EXECUTIVE SUMMARY

Purpose: To hold a public hearing and receive tentative approval of the FY18 Budget.

The School Board began its budget process in November 2016 at which time the Board adopted guidelines and a timeline for the budget process. Between December and February, nineteen sub-committees comprised of administration, professional and classified staff, and community people, developed program budgets which were then presented to the Budget Review Committee. The Budget Review Committee included two Board members and representation from the sub-committees. The Budget Review Committee met in March to review the committee recommendations. A Board work session was held April 5, 2017.

FY17 FY18 Change Revenue $157.4M $163.5M $ 6.1M Expense $160.3M $168.6M $ 8.3M

($2.9M) ($5.1M)

The budget presented to the Board has been heavily influenced by negotiations with the teachers to substantially reduce their retirement incentive and convert those dollars to salary. This is in line with the bills passed last year by the Legislature to improve teacher’s salaries. Specifically, “new” state aid dollars were used primarily to improve the salaries of teachers making below the district average, and Pension Fund dollars were used to increase teacher salaries with several years of district experience (the Pension Fund was eliminated by last year’s legislation and those dollars were also rolled into the formula).

The FY18 five-year plan spends into the fund balance by $5.1 million in FY18. This figure is higher than projected last year due a State Aid increase of only 0.3 percent (approximately $400,000). The recommendation projects growth in the fund balance in FY22 and finishes that year with an 7.0 percent fund balance. The lowest the fund balance is projected to be in the five-year plan is $6.6 million (3.8%).

General Fund Budget Highlights

Revenue o $1.8 million new state aid formula funds due to increased enrollment and

increase ELL enrollmento $0.4 million in additional state aid formula funds due to a 0.3% increaseo $1.4 million increase in projected Bank Franchise revenueso $1.5 million in additional federal fundso $1.3 million of the second half of the increase in the opt out back to $7.5 million

in 2016 due to a 40 cent reduction in the Capital Outlay and Pension fund levies(also in 2016)

o $4.5 million in state aid dollars in the form of property tax relief (this offsets a$3.0 million reduction in property taxes and a $1.5 reduction in transfer from thePension fund, which was completely eliminated beginning in FY18 but countedas local effort in FY17 – the net gain is $0)

o Reduction in other General Fund revenue sources of $300,000

Prepared by the Finance Office April 10, 2017 Presented by: School Board Members on Budget Review Committee, Superintendent and Business Manager

Expenditures o $2.8 million-Increase in salaries includes a 1.4% increase for non-teacher groups

and the second (and final year) phase-in of the shift from a retirement incentive to increased salary for very experienced teachers

o $1.25 million-Increase in health insurance (4.5%) and other benefit increases o $1.2 million-Increase in Elementary, Middle, and High School Instruction Salaries

due to increase in students o Increase of $529,000 of federal funds in Title II, Part A to support bringing Code

to the Future into 3 Title I elementary schools. o $2.5 million increase in Curriculum Services to fund the implementation of the

English Language Arts Curriculum, which is $100,000 below the projected amount.

o $45,000 Increase in Transportation Services including $40,000 to add a bus route for John Harris students living east of Sycamore Avenue and south of 53rd Street.

The District’s five-year capital plan closes out the books on the currently scheduled CIP projects as a new version of the CIP will be prepared throughout FY18. Previously identified but unscheduled projects will be prioritized for future spending commencing in FY19 or FY20 as funding permits. The plan also calls for spending $4.3 million in FY18 in technology, primarily focusing on the 1 to 1 Chromebook initiative. The technology plan will spend nearly $15 million over the next 3 years. The Capital Outlay levy will drop approximately 7 cents to $2.84 while the Special Education levy is increasing 20 cents. The impact of the FY18 budget on the homeowner’s property tax rate is a drop in the projected levy from $8.44 to $8.14 per $1,000 of assessed valuation. The average school property tax increase over the last 17 years for a typical house in the Sioux Falls School District is approximately 0.8% per year.

Administrative Recommendation to School Board: Acknowledge the public hearing and tentatively approve the FY18 School District budget to allow Human Resources to offer employee contracts, with the understanding that the budget will be brought forward for adoption and certification of levies at the annual meeting held July 10, 2017.

FY18 Budget

Superintendent’s Message:

Lower than projected sales tax revenue in South Dakota will cancel any thoughts

of “ticker-tape parades” to celebrate education funding this year. Still, the Sioux Falls

School District remains appreciative of a modest 0.3% increase to education funding in

FY18. This slight increase amounts to $400,000 which is guaranteed by the South

Dakota law that promises schools an annual increase of 3% or inflation, whichever is

less.

Though South Dakota school districts have long stated this formula is inadequate

for a state that wishes to offer the highest-quality education, the increase is tempered a

bit by the 2016 move to increase sales tax one-half penny for education. That action

puts money into the pockets of teachers, temporarily restoring the faith of veteran

educators and offering a glimmer of hope to college graduates considering a career in

the classroom.

The 0.3% increase in State Aid for education amounts to 33.3% of the State’s

FY18 General Fund - up from an all-time low of 28.9% in FY16, but the same as it was

in FY10. Since the formula was established in 1998, the State’s budget for non-

education spending has increased at a rate that substantially outpaces the portion set

aside for education. This ongoing deficiency substantially limits schools from meeting

the social, emotional and academic needs of today’s students.

Further, while it devoted the half-cent sales tax revenue to education, the 2016

Legislature put a lid on districts’ abilities to increase capital outlay funds and rolled the

pension fund into the general fund. For Sioux Falls, the growth in these two funds has

been slowed by over $1 Million (approximately 3%) in just one year. In the past, school

districts have relied on growth in these two funds to partially off-set slow-to-almost-no

growth in the State Aid formula. Since this option is no longer available to most school

districts, Sioux Falls encourages future Legislatures to remedy this issue by figuring

increases on the realistic costs of providing a quality education.

The Sioux Falls School District’s formula for success can be found in the major

tenants of its Strategic Plan, focusing on Student Outcomes, District Staff, School

Climate and Culture and Community Engagement. The goals of this plan can only be

achieved by hiring and retaining a quality staff, using best practices, a well-researched

curriculum, technology-rich learning opportunities and the highest expectations for

student achievement.

Our commitment to offer multiple pathways to graduation is unparalleled in the

state and in the region. Specialized programs at elementary, middle and high school

illustrate our desire to help each one of the nearly 24,000 students we educate find

academic success through their strengths and interests. This, coupled with our efficient

use of taxpayer dollars, allows the Sioux Falls School District to be viewed as a valued

partner and team player in developing the quality of life that puts Sioux Falls at the top

of national rankings for the best cities to live and raise a family.

Proposed FY18 General Fund Budget

The limited funds available for the FY18 Budget restrict the District from making any

substantial changes to its educational programming. Long-term, the District may have to

consider reinvesting in its opt-out of the property tax freeze to raise the additional funds

required to operate a bare bones budget. Short-term, it is in part due to the current opt-out,

responsible projections of a rolling five-year financial plan and because we stretch each

dollar from the South Dakota Legislature, that the District can recommend a balanced and

innovative budget.

In addition to maintaining the current level of service provided, the FY18 General

Fund Budget:

allows the District to offer an average salary increase of 4% in FY18 to

teaching staff. The combination of last year’s new money to move teachers

at below-average pay to mid-point, and the conversion of the pension fund

and early retirement incentive to working salaries for veteran teachers, makes

this well-deserved increase possible.

allows for a 1.4% salary increase for non-teaching staff.

adds a bus route for John Harris Elementary students living east of

Sycamore Avenue and south of 53rd Street.

Also of note in the FY18 Budget, federal dollars through Title I allows the District

to implement a computer science immersion program in three elementary schools. All

K-5 students who attend Hayward, Anne Sullivan and Lowell Elementary Schools will

begin learning how to “code” through a partnership with Code to the Future, a

California-based company that infuses problem-solving through technology and projects

into a District’s already-approved curriculum.

The budget also provides for an updated English Language Arts Curriculum as

recommended by a committee of teachers, parents and administrators. Special

Education’s Early Intervening Services Budget increases $364,000 to support this

curriculum adoption.

A grant from the State provides Imagine Learning Software for struggling readers

in three elementary schools. A multi-year study involving the effectiveness of the

software reduces the need for direct instruction from six Literacy In Action teachers.

In the Food Service Fund, families will note another $.05 increase to the cost of

meals. This increase is mandated by the federal government for schools that wish to

receive funds for reimbursement.

The budget also accounts for increased enrollment while the FY18 five-year plan

spends into the fund balance by $5.1 Million – higher than projected last year due to the

modest 0.3% increase. This leaves the fund balance at a projected 7% in FY22.

Committed to the Process

The FY18 Budget Recommendation is complex, with a careful “give and take”

approach taken by the nineteen committees and hundreds of community members,

professional staff, school leaders, and District administrators who commit to

collaboration for the good of all students.

The annual budget development process requires a thorough review of existing

programs for efficiency and effectiveness to ensure that every expenditure benefits

students.

In Summary

The FY18 Budget provides a sound educational plan for the future. It continues

to reward education professionals with a livable wage. It offers another engagement

opportunity for students with the implementation of the computer immersion program at

three elementary schools. It meets curriculum needs. It addresses enrollment growth.

And, it demands collaboration between the school, parents, business leaders and the

broader community as it incorporates the goals of the District’s Strategic Plan.

The balanced FY18 Budget is conservative, yet mission-driven allowing the

Sioux Falls School District to do what it does best - “educate and prepare each student

to succeed in a changing world.”

FY18 PROPOSED BUDGET

TAX-SUPPORTED FUNDS

REVENUES

Combined Unrestricted Restricted Special Capital

General General General Education Outlay Proof

Source Fund Fund Fund Fund Fund Total

Local Property Taxes 62,883,398$ 62,883,398$ -$ 14,861,571$ 30,860,584$ 108,605,553$

State Revenue 82,712,782 82,712,782 - 22,533,985 - 105,246,767

Federal Revenue 12,278,052 - 12,278,052 5,166,000 374,638 17,818,690

County (traffic fines) 1,020,000 1,020,000 - - - 1,020,000

Other Local Sources 4,609,268 4,467,183 142,085 917,000 153,659 5,679,927

Total Revenues 163,503,500$ 151,083,363$ 12,420,137$ 43,478,556$ 31,388,881$ 238,370,937$

Cash from Fund Balance 5,146,134 5,146,134 - 1,687,596 - 6,833,730

Transfers In - - - - - - Total Revenues, Transfers & Cash 168,649,634$ 156,229,497$ 12,420,137$ 45,166,152$ 31,388,881$ 245,204,667$

EXPENDITURES

Combined Unrestricted Restricted Special Capital

General General General Education Outlay Proof

Use Fund Fund Fund Fund Fund Total

Salaries 109,096,034$ 102,841,102$ 6,254,932$ 28,987,433$ -$ 138,083,467$

Benefits 35,297,974 33,371,435 1,926,539 9,402,106 - 44,700,080

Purchased Services 15,198,107 11,342,858 3,855,249 5,397,638 2,798,590 23,394,335

Supplies and Materials 8,579,859 8,285,842 294,017 1,207,620 - 9,787,479

Dues and Fees 477,660 388,260 89,400 21,355 613,108 1,112,123

Capital Acquisition - - - 150,000 12,708,811 12,858,811

Debt Services - - - - 13,844,481 13,844,481

Total Expenditures 168,649,634$ 156,229,497$ 12,420,137$ 45,166,152$ 29,964,990$ 243,780,776$

Transfers In - - - - - -

Transfers Out - - - - - -

Reserves - - - - - - Total Expenditures and Transfers 168,649,634$ 156,229,497$ 12,420,137$ 45,166,152$ 29,964,990$ 243,780,776$

Created: 2/22/17 1:22 PM

Revised: 4/3/2017 10:26 AM

Printed: 4/3/2017 10:26 AM Exhibit 1


SELF-SUPPORTED FUNDS

REVENUES

Community House Food Capital Insurance

Reprographics Education Construction Service Projects Trust Proof

Source Fund Fund Fund Fund Funds Fund Total

Property Taxes -$ -$ -$ -$ -$ -$ -$

State Revenue - - - 64,085 - - 64,085

Federal Revenue - - - 6,849,545 - - 6,849,545

Other Local Sources 879,874 1,688,192 - 4,461,810 35,112,430 42,142,306

Tuition and Fees - 4,504,685 - - - - 4,504,685

Total Revenue 879,874$ 6,192,877$ -$ 11,375,440$ -$ 35,112,430$ 53,560,621$

Cash from Fund Balance - - 1,233 175,007 - - 176,240

Transfers In - - - - -$ - -

Total Revenue, Transfers & Cash 879,874$ 6,192,877$ 1,233$ 11,550,447$ -$ 35,112,430$ 53,736,861$

EXPENDITURES

Community House Food Capital Insurance

Reprographics Education Construction Service Projects Trust Proof

Expenditure Fund Fund Fund Fund Funds Fund Total

Salaries 111,504$ 4,721,788$ -$ 3,876,072$ -$ -$ 8,709,364$

Benefits 33,291 952,493 - 1,202,948 - - 2,188,732

Purchased Services 682,267 730,332 1,233 423,069 - - 1,836,901

Supplies and Materials 55,000 320,742 - 5,513,989 - - 5,889,731

Dues and Fees - 23,475 160,912 - 35,012,430 35,196,817

Capital Acquisition - - - 470,000 - - 470,000

Total Expenditures 882,062$ 6,748,830$ 1,233$ 11,646,990$ -$ 35,012,430$ 54,291,545$

Non-Cash Depreciation Expense - 11,000 1,952 373,457 - - 386,409

Cash for Equipment - - - 470,000 - - 470,000

Transfers Out - - - - - - -

Total Expenditures & Transfers 882,062$ 6,759,830$ 3,185$ 11,550,447$ -$ 35,012,430$ 54,207,954$

Revenues Over Expenditures (2,188)$ (566,953)$ (1,952)$ -$ -$ 100,000$ (471,093)$

Created: 2/22/17 1:20 PM



GENERAL FUND REVENUES

Increase/

Source FY17 FY18 (Decrease)

District Property Tax Levy 64,438,385$ 62,883,398$ (1,554,987)$

Gross Receipts Tax 2,118,000 1,800,000 (318,000)

Mobile Home Tax 31,000 31,000 -

Penalties & Interest on Taxes 166,875 120,000 (46,875)

Tuition Sources 347,983 347,983 -

Transportation Fees 15,000 15,000 -

Interest Earned 150,000 150,000 -

Gate Receipts/Ticket Sales 258,200 258,200 -

Rentals 50,000 50,000 -

Parking Fees 100,000 100,000 -

County Apportionment 1,020,000 1,020,000 -

General State Aid 71,203,491 77,908,598 6,705,107

State Apportionment 1,800,000 1,800,000 -

Bank Franchise Tax 1,620,000 3,000,000 1,380,000

Other State Monies 41,000 4,184 (36,816)

Federal Monies 10,614,600 12,278,052 1,663,452

Medicaid 600,000 450,000 (150,000)

Tournament Revenue 208,511 142,085 (66,426)

Miscellaneous Revenue/Other Categorical* 1,140,000 1,145,000 5,000

Total General Fund Revenues 155,923,045 163,503,500 7,580,455

Cash to Finance 2,711,744 5,146,134 2,434,390

Transfer from Pension Fund to Close Fund 1,486,101 - (1,486,101)

Total General Fund Revenue and Cash 160,120,890$ 168,649,634$ 10,014,845$

*Includes $145,000 from Southeast Tech

Revised: 2/22/17 1:20 PM


FY18 PROPOSED GENERAL FUND

BY PROGRAM

Budget Committee Recommendation

FTE FTE Budget Budget Increase/

BUDGET DATA FY17 FY18 FY17 FY18 (Decrease)

Elementary Programs

Projected Enrollment 11,767

Elementary Instruction 600.17 604.30 40,220,857$ 40,892,798$ 671,941$

Elementary Libraries 35.44 35.45 1,656,308 1,685,571 29,263

Literacy in Action SF 24.90 18.90 1,870,512 1,453,060 (417,452)

Elementary Lunchroom Supervision - - 129,869 147,835 17,966

Elementary Extra Duty - - 36,926 36,647 (279)

Elementary Admin/Clerical 60.00 62.00 4,711,647 4,973,023 261,376

Total Elementary Programs 720.51 720.65 48,626,119$ 49,188,934$ 562,815$

Middle School Programs


Middle School Instruction 282.50 292.77 20,411,694$ 21,449,313$ 1,037,619$

Middle School Libraries 9.35 9.35 489,484 488,127 (1,357)

Middle School Lunchroom Supervision - - 109,699 108,171 (1,528)

Middle School Extra Duty - - 131,265 137,116 5,851

Middle School Admin/Clerical 25.00 25.00 2,133,545 2,116,421 (17,124)

Total Middle School Programs 316.85 327.12 23,275,687$ 24,299,148$ 1,023,461$

High School Programs


High School Instruction 302.08 310.80 22,287,383$ 23,204,131$ 916,748$

High School Libraries 9.22 9.22 447,055 452,131 5,076

High School Extra Duty - - 134,526 134,895 369

High School Admin/Clerical 43.40 43.40 3,761,577 3,736,849 (24,728)

Career & Tech Ed Academy 19.49 18.18 1,450,279 1,426,897 (23,382)

Total High School Programs 374.19 381.60 28,080,820$ 28,954,903$ 874,083$

School-Based Programs

Fine and Performing Arts 1.00 1.00 1,011,463$ 1,019,038$ 7,575$

Indian Education (District-funded) 8.00 7.50 668,908 619,185 (49,723)

Gifted Education 9.45 9.45 747,282 769,644 22,362

Auxiliary Programs 2.88 2.88 1,239,560 1,113,558 (126,002)

Advanced Placement - - 101,507 98,149 (3,358)

English Language Learner Program 49.60 52.84 3,853,185 3,971,574 118,389

6-12 Building Support Behavior Program 3.75 3.75 182,777 179,475 (3,302)

Elementary Behavior Program 11.63 11.36 550,499 658,362 107,863

Secondary Behavior Program 16.04 15.58 879,370 842,679 (36,691)

Health Services 14.40 15.40 1,061,780 1,155,330 93,550

Social Workers 4.50 4.50 360,382 362,949 2,567

Counseling Services 64.30 64.30 4,405,389 4,518,447 113,058

Transportation Services 0.50 0.50 3,064,385 3,149,774 85,389

Athletics 2.00 2.00 2,077,166 2,111,662 34,496

Total School-Based Programs 188.05 191.06 20,203,653$ 20,569,826$ 366,173$

Created 2/22/17 1:20 PM

Printed 4/3/2017 10:26 AM Exhibit 4

FY18 PROPOSED GENERAL FUND

BY PROGRAM

Budget Committee Recommendation



District-Coordinated Services

Curriculum Services 7.00 7.00 2,540,321$ 5,078,386$ 2,538,065$

Staff Development 19.40 17.40 1,809,044 1,663,375 (145,669)

Library Services - - 98,294 98,213 (81)

Student Assessment & Evaluation Services 3.00 2.50 315,794 440,138 124,344

Information & Technology Services 26.50 28.00 2,701,234 2,870,633 169,399

Human Resources Department 12.00 9.00 1,226,529 880,212 (346,317)

Administrative/Legal Services - 3.00 - 432,502 432,502

Superintendent's Office 2.00 2.00 403,031 411,334 8,303

Community Relations 3.55 3.55 306,734 307,012 278

Finance Office 17.70 17.90 1,553,161 1,508,675 (44,486)

School Board Svc/Election Svc - - 199,002 198,544 (458)

Operational Services 209.93 212.93 17,704,472 17,709,931 5,459

Committed Funds 3.00 3.00 253,884 1,617,731 1,363,847

Total District-Coordinated Prog. 304.08 306.28 29,111,500$ 33,216,686$ 4,105,186$

Total Unrestricted General Fund 1,903.68 1,926.71 149,297,779$ 156,229,497$ 6,931,718$



Tournaments - - 208,511$ 142,085$ (66,426)$

Head Start 11.30 14.07 2,351,562 2,562,662 211,100

Indian Education (Federal Only) 2.98 2.98 258,320 257,830 (490)

Indian Education (Johnson O'Malley) - - 20,000 20,000 -

Carl Perkins 1.50 2.50 267,195 292,829 25,634

Title I -- Regular 55.52 56.26 4,625,623 5,425,576 799,953

Title I -- Neglected & Delinquent 6.15 5.40 440,178 338,138 (102,040)

Title I -- McKinney Homeless 0.12 0.12 85,500 85,601 101

Title I -- Set Aside 2.50 6.95 180,254 479,016 298,762

Title I -- School Improvement - - 172,429 103,214 (69,215)

Title II -- Part A, Improving Teacher Quality 12.00 12.00 1,039,315 1,568,617 529,302

Title III - Language Instruction 9.33 9.07 495,309 466,003 (29,306)

Refugee Impact Grant 1.50 1.38 74,025 73,580 (445)

Migrant Education 3.00 3.25 347,231 321,584 (25,647)

Starbase - - 2,000 2,000 -

Indirect Costs 2.60 2.60 255,659 281,402 25,743

Total Restricted General Fund 108.50 116.58 10,823,111$ 12,420,137$ 1,597,026$

Total General Fund 2,012.18 2,043.29 160,120,890$ 168,649,634$ 8,528,744$

Created 2/22/17 1:20 PM


Budgeted Projected Projected Projected Projected Projected

FY17 FY18 FY19 FY20 FY21 FY22

1 Prior Year Regular Revenues 151,189,146 156,004,496 160,103,243 166,202,534 172,777,409

2 Additional Regular Revenues 4,815,350 4,098,747 6,099,291 6,574,875 7,081,421

3 Total Regular Revenues 156,004,496 160,103,243 166,202,534 172,777,409 179,858,830

4 Prior Year Opt Out Revenues 6,220,000 7,500,000 7,500,000 7,500,000 7,500,000

5 Additional Opt Out Revenues 1,280,000 0

6 Total Opt Out Revenues Original 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000

7 Total Revenues Budgeted 157,409,146 163,504,496 167,603,243 173,702,534 180,277,409 187,358,830

8 Prior Year Expenditures 160,120,890 168,650,830 170,631,879 174,485,047 179,526,645

9 Increase in Salary 3,958,679 907,333 1,071,380 2,227,857 2,356,591

10 Increase in Benefits 1,251,425 877,773 970,908 1,364,274 1,455,893

11 Increase in Non-Salary 3,319,836 195,943 1,810,881 1,449,467 (2,208,487)

12 Program Salary Increases/(Cuts) 0

13 Program Benefits Increases/(Cuts) 0

14 Program Other Increases/(Cuts) 0

15 Total Program Increases 0

16 Total Expenditures Budgeted 160,120,890 168,650,830 170,631,879 174,485,047 179,526,645 181,130,642

17 Budgeted Use of Fund Balance (2,711,744) (5,146,334) (3,028,636) (782,513) 750,764 6,228,188

18 Adjustment for Current Year Projection 1,900,000

19 Fund Balance Increase/(Decrease) (811,744)

20 Unreserved FB 6/30 of Budget Year 15,788,345 10,642,011 7,613,375 6,830,862 7,581,626 13,809,814

21 FB as a Percent of Prior Year Expds. 9.9% 6.3% 4.5% 3.9% 4.2% 7.6%

Key Variables Projected Projected Projected Projected Projected Projected

Revenue FY17 FY18 FY19 FY20 FY21 FY22

Other Fund Redistribution 600,000 900,000 1,200,000 1,500,000

Bank Franchise 3,000,000 3,000,000 3,089,731 3,182,145 3,277,323 3,375,349

State Apportionment 1,785,392 1,800,000 1,800,000 1,800,000 1,800,000 1,800,000

Opt Out 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000

State Aid Increase 9.5% 0.3% 3.0% 3.0% 3.0% 3.0%

Expenditures

Efficiency Factor 0.75% 0.75% 0.75% 0.75% 0.75% 0.50%

Teacher Delta 1,200,000 1,200,000 1,400,000 1,200,000 1,200,000 800,000

Health Insurance Increase 4.60% 5.00% 5.00% 5.00% 5.00% 5.00%

Off-load Non-salary $ to Capital Outlay 2,560,000 2,560,000

% Salary Increase (Linked to State Aid) 6.25% 1.40% 3.00% 3.00% 3.00% 3.00%

General Fund Levy Including Opt Out

Owner Occupied Total General Fund 4.18 3.84 3.79 3.73 3.68 3.63

Commercial Total General Fund 8.65 7.95 7.84 7.73 7.62 7.52

Opt Out Levy Only

Owner Occupied Opt-Out Levy 0.49 0.47 0.45 0.43 0.41 0.39

Commercial Opt-Out Levy 1.02 0.97 0.93 0.89 0.85 0.82

3/14/2017 Exhibit 5

Approved 5-Year GF Plan (Apr 2017) Budgeted Projected Projected Projected Projected Projected

FY17 FY18 FY19 FY20 FY21 FY22

1 Prior Year Regular Revenues 151,189,146 156,004,496 160,103,243 166,202,534 172,777,409

2 Additional Regular Revenues 4,815,350 4,098,747 6,099,291 6,574,875 7,081,421

3 Total Regular Revenues 156,004,496 160,103,243 166,202,534 172,777,409 179,858,830

4 Prior Year Opt Out Revenues 6,220,000 7,500,000 7,500,000 7,500,000 7,500,000

5 Additional Opt Out Revenues 1,280,000 0 0 0 0

6 Total Opt Out Revenues Original 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000

7 Total Revenues Budgeted 157,409,146 163,504,496 167,603,243 173,702,534 180,277,409 187,358,830

8 Prior Year Expenditures 160,120,890 168,650,830 170,631,879 174,485,047 179,526,645

9 Increase in Salary 3,958,679 907,333 1,071,380 2,227,857 2,356,591

10 Increase in Benefits 1,251,425 877,773 970,908 1,364,274 1,455,893

11 Increase in Non-Salary 3,319,836 195,943 1,810,881 1,449,467 (2,208,487)

12 Program Salary Increases/(Cuts) 0 0 0 0 0

13 Program Benefits Increases/(Cuts) 0 0 0 0 0

14 Program Other Increases/(Cuts) 0 0 0 0 0

15 Total Program Increases 0 0 0 0 0

16 Total Expenditures Budgeted 160,120,890 168,650,830 170,631,879 174,485,047 179,526,645 181,130,642

17 Budgeted Use of Fund Balance (2,711,744) (5,146,334) (3,028,636) (782,513) 750,764 6,228,188

18 Adjustment for Current Year Projection 1,900,000

19 Fund Balance Increase/(Decrease) (811,744)

20 Unreserved FB 6/30 of Budget Year 15,788,345 10,642,011 7,613,375 6,830,862 7,581,626 13,809,814

21 FB as a Percent of Prior Year Expds. 9.9% 6.3% 4.5% 3.9% 4.2% 7.6%

22 Per Pupil Formula Revenue 5,464 5,482 5,647 5,850 6,024 6,204

23 Per Pupil Other Revenue 1,084 1,055 1,015 994 1,005 1,015

24 Per Pupil Total Reg. Revenue 6,548 6,537 6,661 6,844 7,029 7,219

25 Per Pupil Opt-Out Revenue 265 316 314 310 306 302

26 Total Per Pupil Revenue 6,686 6,853 6,975 7,154 7,336 7,521

27 Total Per Pupil Rev. Over/(Under) Expds. (115) (216) (126) (32) 31 250

28 Fall Enrollment 23,544 23,858 24,030 24,281 24,575 24,912

29 Cost of Text Book Adoption 1,248,371 4,082,351 1,158,053 2,435,861 4,456,198 2,294,753

30 State Aid Index Factor 9.5% 0.3% 3.0% 3.0% 3.0% 3.0%

31 Other Discretionary Revenue Increase 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

32 District Salary Increase 6.25% 1.40% 3.00% 3.00% 3.00% 3.00%

33 Medical Benefits Increase 4.6% 5.0% 5.0% 5.0% 5.0% 5.0%

34 Inflation for PS, Supplies, & Dues. 3.0% 3.0% 3.0% 3.0% 3.0% 3.0%

35 Increase in Valuation 4.4% 4.3% 4.2% 4.1% 4.5% 4.5%

36 Calendar Year Opt-Out Amount* 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000 7,500,000

37 Owner Occupied Opt-Out Levy 0.49 0.47 0.45 0.43 0.41 0.39

38 Commercial Opt-Out Levy 1.02 0.97 0.93 0.89 0.85 0.82

Efficiency Factor

39 Annual Effect 0 0 1,289,410 1,318,527 1,356,625 910,204

40 Compounded Effect per Year 0 0 1,289,410 2,646,503 4,082,285 5,114,591

41 Fund Balance wihout Efficiency Factor 9.9% 6.3% 3.7% 1.6% 0.5% 2.4%

3/14/2017 Exhibit 5


SPECIAL EDUCATION FUNDREVENUES


Source FY17 FY18 FY17 FY18 (Decrease)

Property Taxes 12,744,432$ 14,861,571$ 2,117,139$

State Revenue 19,762,181 22,533,985 2,771,804

Federal Revenue 8,166,000 5,166,000 (3,000,000)

Other Local Sources 917,000 917,000 -

Cash from Fund Balance 1,649,798 1,687,596 37,798

Total Revenue 43,239,411$ 45,166,152$ 1,926,741$

EXPENDITURES


Program FY17 FY18 FY17 FY18 (Decrease)

Early Childhood 22.90 21.70 2,015,800$ 2,135,850$ 120,050$

Early Childhood Screen/Evaluation 3.48 3.48 241,330 244,005 2,675

Early Intervening Services - Federal 11.50 11.70 831,104 792,406 (38,698)

Early Intervening Services - State/Local 12.29 12.29 726,108 1,090,306 364,198

Elementary Special Education 214.99 220.99 9,437,944 9,833,442 395,498

Elementary Behavior Program 36.71 40.94 1,730,129 1,973,960 243,831

Middle School Special Education 98.34 102.29 4,352,395 4,179,686 (172,709)

High School Special Education 103.16 106.37 4,700,830 4,857,024 156,194

K-12 Building Support Behavior Program 15.89 15.89 868,881 772,145 (96,736)

Secondary Behavior Program 31.32 29.82 1,707,310 1,651,939 (55,371)

Community Campus 12.29 12.71 761,533 765,606 4,073

Speech Therapy 28.70 29.70 2,011,523 2,097,675 86,152

Services to Visually Impaired 2.00 2.00 137,772 138,927 1,155

Services to Hearing Impaired 12.50 12.50 663,624 698,581 34,957

Occupational/Physical Therapy 18.30 18.30 1,836,994 1,858,692 21,698

Psychological Services 10.85 11.85 972,278 1,079,922 107,644

Penitentiary Program 0.50 0.50 48,015 52,211 4,196

Out of District Placements - - 1,928,570 2,036,427 107,857

Adaptive Physical Education 4.56 4.40 303,253 314,343 11,090

Extended School Year Program - - 258,830 258,798 (32)

Health Services 12.60 12.60 879,137 895,713 16,576

Staff Services 31.88 34.94 3,068,462 2,817,458 (251,004)

Transportation Services 0.50 0.50 2,083,022 2,120,177 37,155

Central Administration 14.00 14.30 1,392,217 1,471,786 79,569

Committed Funds - - 282,350 1,029,073 746,723

Total Special Education Fund 699.26 719.77 43,239,411$ 45,166,152$ 1,926,741$

Created: 2/22/17 1:20 PM



CAPITAL OUTLAY FUND

REVENUES

Increase/

Budget Budget (Decrease)

Source FY17 FY18 from Prior Year

Property Taxes 29,870,634$ 30,860,584$ 989,950$

Other Local Sources 153,659 153,659 -

State Sources - - -

Federal Sources 328,308 374,638 46,330

Total 30,352,601$ 31,388,881$ 1,036,280$

Cash from Fund Balance - - -

Total Revenues & Transfers 30,352,601$ 31,388,881$ 1,036,280$

EXPENDITURES

Increase/


Use FY17 FY18 from Prior Year

Renovations and Maintenance 3,719,183$ 5,935,722$ 2,216,539$

Site Improvements 2,749,795 960,248 (1,789,547)

Professional Services 205,400 177,300 (28,100)

Purchased Services* (Transportation) 2,560,000 2,621,290 61,290

Curriculum Adoption 360,275 15,700 (344,575)

Equipment 667,265 815,509 148,244

Technology 2,915,644 4,304,155 1,388,511

Building Allocations** 531,124 555,477 24,353

Vehicles 186,000 122,000 (64,000)

Principal 6,535,000 8,480,000 1,945,000

Interest 5,727,976 5,364,481 (363,495)

Dues and Fees*** 633,068 613,108 (19,960)

Total 26,790,730$ 29,964,990$ 3,174,260$

Replacement Banks - - - Total Expenditures and Reserves 26,790,730$ 29,964,990$ 3,174,260$

* 15% of the Bus Contract

** To be allocated to appropriate budget lines in final budget.

***Includes Harrisburg & West Central Tax-Sharing Agreement

Created 2/22/17 1:20 PM

Revised 4/3/2017 10:26 AM



CAPITAL PROJECTS FUNDS

REVENUES

Increase/



Scheduled Construction Fund Draw -$ -$ -$

Cash from Fund Balance 522,668 - (522,668)

Total Revenue 522,668$ -$ (522,668)$

EXPENDITURES

Increase/



Professional Services -$ -$ -$

Furnishings and Equipment 522,668 - (522,668)

Site Improvements - - -

Buildings - - -

Total Expenditures 522,668$ -$ (522,668)$

Transfer to Capital Outlay - - -

Total Expenditures and Transfers 522,668$ -$ (522,668)$

Capital Projects Fund - Sonia Sotomayor Elementary School

Created: 2/22/17 2:02 PM


History of Property Tax Levies Since 2000

Payable Payable Payable Payable Payable Payable Payable Payable Payable Payable Payable*

Assessments: 2000 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

District Assessment Total 4,689,173,198 8,687,207,193 8,932,536,216 9,048,211,420 8,968,201,347 8,833,377,209 8,991,407,688 9,389,693,279 9,864,308,468 10,451,976,532 10,922,315,476

% Increase from prior year 8.14% 5.22% 2.82% 1.29% -0.88% -1.50% 1.79% 4.43% 5.05% 5.96% 4.50%


Taxes: 2000 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Mil Rates:(Per $1000 of valuation)

General Fund Agricultural 4.73 2.75 2.71 2.69 2.78 2.66 2.37 2.02 1.72 1.79 1.72

General Fund Owner Occupied 7.62 4.32 4.26 4.18 4.62 4.61 4.86 4.82 4.46 4.21 3.84

General Fund Commercial 16.21 9.25 9.13 8.96 9.87 9.88 10.41 10.32 9.55 8.72 7.95

Special Education Fund 1.40 1.20 1.20 1.20 1.20 1.20 1.35 1.29 1.21 1.32 1.46

Capital Outlay Fund 2.07 2.37 2.41 2.41 2.07 2.09 2.09 2.16 3.00 2.91 2.84

Bond Fund 0.65 0.32 0.29 0.28 0.29 0.28 0.33 0.31 0.00 0.00 0.00

Pension Fund 0.00 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.30 0.00 0.00

Total Agricultural 8.85 6.94 6.91 6.89 6.64 6.53 6.44 6.08 6.23 6.02 6.02

Total Owner Occupied 11.74 8.51 8.46 8.37 8.48 8.48 8.94 8.88 8.97 8.44 8.14

Total Commercial 20.27 13.44 13.33 13.15 13.73 13.75 14.49 14.38 14.10 13.00 12.30


2000 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

Assessed Value 98,516 143,615 145,665 145,665 137,729 137,729 137,729 139,054 145,351 152,783 167,109

- Taxable Value 93,394 129,110 130,516 131,535 121,890 122,235 122,579 126,122 132,705 140,713 153,907

School Taxes 1,097 1,099 1,105 1,101 1,034 1,037 1,095 1,120 1,190 1,187 1,253

- % Increase Over Prior Year 1.0% 0.5% -0.3% -6.1% 0.3% 5.7% 2.2% 6.3% -0.2% 5.6%

Average Annual Increase: 0.8% Total Increase: 14.3%

FY98 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16

Total Paid 438,348,560 691,218,595 733,797,079 740,503,025 722,422,016 786,303,271 838,239,997 872,212,501 921,529,014 944,735,004 970,917,606

Population* 743,500 795,929 801,978 808,073 814,180 820,580 827,053 833,603 840,233 846,948 853,752

Per Capita Sales Tax 590 868 915 916 887 958 1,014 1,046 1,097 1,115 1,137

- % Increase Over Prior Year 3.9% 5.4% 0.2% -3.2% 8.0% 5.8% 3.2% 4.8% 1.7% 2.0%

Average Annual Increase: 3.8% Total Increase: 92.9%

Effect on a $98,516 House Assessed Valuation in 2000

Comparable History of State Sales, Use, & Contractors' Excise Tax (most recent years available)

Exhibit 9


FOOD SERVICE FUND

REVENUES

Increase/

FTE FTE Budget Budget (Decrease)/

Source FY17 FY18 FY17 FY18 from Prior Year

Pupil Sales 4,584,411$ 4,302,728$ (281,683)$

Adult Sales 75,012 71,111 (3,901)

Other State Revenue 60,553 64,085 3,532

Federal Reimbursement 5,861,618 5,968,075 106,457

Commodities 547,029 881,470 334,441

Other Local Sources 15,242 87,971 72,729

Cash from Fund Balance - 175,007 175,007

Transfer In - - -

Total 11,143,865$ 11,550,447$ 471,535$

EXPENDITURES

Increase/

FTE FTE Budget Budget (Decrease)/

Use FY17 FY18 FY17 FY18 from Prior Year

Administration 1.00 1.00 101,636$ 103,059$ 1,423$

Clerical 4.00 3.50 104,710 99,071 (5,639)

Custodial 11.09 11.09 413,159 434,400 21,241

Specialists 3.00 3.00 145,733 148,305 2,572

Child Nutrition Workers 100.41 97.96 2,155,711 2,196,557 40,846

Education Assistants 42.91 45.20 756,269 840,487 84,218

Classified Other Hourly - - 1,500 1,500 -

Other Temporary Pay - - 63,040 47,193 (15,847)

Overtime - - 3,500 5,500 2,000

Benefits - - 1,151,579 1,202,948 51,369

Purchased Services - - 429,145 423,069 (6,076)

Supplies and Materials - - 5,107,779 5,513,989 406,210

Dues and Fees - - 67,500 160,912 93,412

Equipment - - - 310,000 310,000

Technology - - 135,000 80,000 (55,000)

Facility - - - 80,000 80,000

Total Expenditures Before Depreciation 162.41 161.75 10,636,261$ 11,646,990$ 930,729$

Non-Cash Depreciation Expense - - 350,000 373,457 23,457

Less Cash for Equipment & Technology - - 135,000 470,000 335,000

Total Food Service Fund - - 10,851,261$ 11,550,447$ 619,186$

Revised 2/22/17 2:05 PM



INSURANCE TRUST FUND

REVENUES

Increase/



Premium Payments 32,800,000$ 35,012,430$ 2,212,430$

Interest and Other Revenue 100,000 100,000 -

Total Revenue 32,900,000$ 35,112,430$ 2,212,430$

Cash from Fund Balance 100,000 - (100,000)

Total Revenue and Cash 33,000,000$ 35,112,430$ 2,112,430$

.

EXPENDITURES

Increase/



Claims Payment 30,200,000$ 32,158,712$ 1,958,712$

Administrative Costs 2,800,000 2,853,718 53,718

Total 33,000,000$ 35,012,430$ 2,012,430$

Revised 2/22/17 2:07 PM



ENTERPRISE FUNDS

Increase/

FTE FTE Budget Budget (Decrease)

BUDGET DATA FY17 FY18 FY17 FY17 from Prior Year

Administrative Staff 0.50 0.50 63,279$ 64,889$ 1,610$

Teachers - - - - -

Specialists 1.00 1.00 42,801 45,477 2,676

Employment Contract Staff - - - - -

Executive Assistants - - - - -

Clerical Staff - - - - -

Education Assistants - - - - -

Custodial/Maintenance Staff - - - - -

Substitute Teachers - - - - -

Teacher Extra Pay (Point System) - - - - -

Teacher Other Hourly - - - - -

Classified Other Hourly - - - - -

Other Temporary Pay - - - - -

Overtime - - 1,000 1,138 138

Benefits - - 26,679 33,291 6,612

Purchased Services - - 666,043 682,267 16,224

Supplies & Materials - - 55,000 55,000 -

Dues & Fees - - - - -

Total 1.50 1.50 854,802$ 882,062$ 27,260$

Capital Equipment - - - - -

Total Expenditures 1.50 1.50 854,802$ 882,062$ 27,260$

Revenues - - 863,650 879,874 16,224

Revenues over Expenditures 1.50 1.50 8,848$ (2,188)$ (11,036)$

Increase/



Supplies and Materials -$ -$ -$

Purchased Services 1,233 1,233 -

Dues and Fees - - -

Depreciation 1,452 1,952 500

Total Expenditures - - 2,685$ 3,185$ 500$

Projected Revenues - - -

Revenue over Expenditures - - (2,685)$ (3,185)$ (500)$

Reprographics Center

Carpentry House

Revised 2/22/17 2:04 PM



ENTERPRISE FUNDS

Increase/



Administrative Staff 0.70 0.70 75,696$ 80,197$ 4,501

Teachers 31.20 30.70 1,544,274 1,582,814 38,540

Specialists 7.85 6.85 306,693 289,989 (16,704)

Employment Contract Staff 22.05 18.55 628,956 654,522 25,566

Executive Assistants - - - - -

Clerical Staff 4.25 1.75 61,041 56,226 (4,815)

Education Assistants 30.00 32.50 540,029 591,302 51,273

Custodial/Maintenance Staff - - - - -

Substitute Teachers - - 20,000 20,700 700

Teacher Extra Pay (Point System) - - - - -

Teacher Other Hourly - - 194,144 76,258 (117,886)

Classified Other Hourly - - 5,000 159,877 154,877

Other Temporary Pay - - 1,181,977 1,209,903 27,926

Overtime - - - - -

Benefits - - 902,828 952,493 49,665

Purchased Services - - 710,841 730,332 19,491

Supplies & Materials - - 348,291 320,742 (27,549)

Dues & Fees - - 18,000 23,475 5,475

Depreciation - - 10,000 11,000 1,000

Total 96.05 91.05 6,547,770$ 6,759,830$ 212,060$

Revenues - - 6,043,018 5,313,003 772,750

Revenue over Expenditures 96.05 91.05 (504,752)$ (1,446,827)$ 560,690$

Total Enterprise Funds 97.55 92.55 7,405,257$ 7,645,077$ 239,820$

Community Education/Kid's Inc.

Revised 2/22/17 2:04 PM



COMMUNITY EDUCATION/KID'S INC ENTERPRISE FUNDS

REVENUES

Kid's Inc Kid's Inc Community Adult Driver's High School Pre-K Blended ComEd Fee-Based

Source Summer After-School Outreach Education Education Classes Program Indirect Costs Preschool Total

State Revenue -$ -$ -$ -$ -$ -$ -$ -$ -$ -$

Federal Revenue - - - - - - -

Other Local Sources 1,688,192 - - - - - 1,688,192

Tuition and Fees 577,578 - - 225,000 275,000 92,500 3,149,607 - 185,000 4,504,685

Total Revenue 577,578$ 1,688,192$ -$ 225,000$ 275,000$ 92,500$ 3,149,607$ -$ 185,000$ 6,192,877$

Cash from Fund Balance - - - - -

Total Revenue & Cash 577,578$ 1,688,192$ -$ 225,000$ 275,000$ 92,500$ 3,149,607$ -$ 185,000$ 6,192,877$

EXPENDITURES

Kid's Inc Kid's Inc Community Adult Driver's High School Pre-K Blended ComEd Fee-Based

Expenditure Summer After-School Outreach Education Education Classes Program Indirect Costs Preschool Total

Salaries 462,532$ 1,355,584$ -$ 66,695$ 149,389$ 82,000$ 2,327,929$ 131,659$ 146,000$ 4,721,788$

Benefits 42,875 208,060 - 11,315 16,668 9,512 597,329 32,885 33,849 952,493

Purchased Services 45,750 53,450 341,000 126,000 16,000 1,000 147,132 - - 730,332

Supplies and Materials 67,000 118,500 - 7,500 15,000 3,000 75,742 - 34,000 320,742

Dues and Fees 2,000 4,000 - 5,000 11,000 - 1,475 - - 23,475

Capital Acquisition - - - - - - - - - -

Debt Services - - - - - - - - - -

Total Expenditures Before Depreciation 620,157$ 1,739,594$ 341,000$ 216,510$ 208,057$ 95,512$ 3,149,607$ 164,544$ 213,849$ 6,748,830$

Depreciation - - - - 11,000 - - - - 11,000

Total Expenditures & Depreciation 620,157$ 1,739,594$ 341,000$ 216,510$ 219,057$ 95,512$ 3,149,607$ 164,544$ 213,849$ 6,759,830$

Revenue Over Expenditures (42,579)$ (51,402)$ (341,000)$ 8,490$ 55,943$ (3,012)$ -$ (164,544)$ (28,849)$ (566,953)$

Created: 2/22/17 2:00 PM


purpose - sioux falls school district · 2017-04-10 · fy18 budget superintendent’s message:...

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