the affordable path to a great career and a better life - 6 7 budget · 2017. 1. 25. · tomah, wi...

budget2016–2017

District Board 2016-2017

Presented by the

Board of Western Technical College District June 21, 2016

~ District Board Members ~

Dennis Treu, Chair Monroe County

Angie Lawrence, Vice Chair Vernon County

Edward Lukasek, Secretary Monroe County

Dr. Joan Sonalla, Treasurer Trempealeau County

Sarah (Sally) Lister, Member Jackson County

Daniel Hanson, Member La Crosse County

David Laehn, Member La Crosse County

Andrew Bosshard, Member La Crosse County

Carrie Buss, Member Juneau County

~ College Leadership ~

Lee Rasch President

Roger Stanford Vice President of Academic Affairs

Denise Vujnovich Vice President of Student Development and Success

Wade Hackbarth Vice President of Finance and Operations

Amy Thornton Vice President of Strategic Effectiveness and Engagement

John Heath Human Resources Director

~Budget Preparation ~

Janet Erickson – Grants Assistant

Zachary Geier – Student Information Systems Analyst

Jill Grennan –Assistant, Executive Offices

Dianne Hamann – General Ledger Accountant

Lauri Hoff – Graphic Designer

Sharon Kramer – Payroll Coordinator

Heather Marx – Payroll Assistant

Lori Turner – Accounting Technician

Amy Schmidt – Controller

Viroqua

La Crosse Mauston

Tomah

TREMPEALEAU

BUFFALO

FountainCity

Arcadia

Blair

Whitehall

Galesville

Taylor

Melrose

Holmen

West Salem

De Soto

WestbyLa Farge

Ontario

Hillsboro

Cashton

Elroy

New Lisbon

Necedah

Onalaska

LA CROSSE

JACKSON

CLARK

JUNEAU

SAUK

RICHLAND

CRAWFORD

VERNON

Blac

Sparta

k River Falls

Independence

MONROE

I-90I-90/94

I-94

Western Technical College Districtof the

Wisconsin Technical College System

Western Technical College District Locations

westerntc.edu608.785.9200

La Crosse 400 Seventh Street NorthLa Crosse, WI 54602-0908Phone: 608.785.9200 Phone: 608.785.9551 (V/TTY)Fax: 608.785.9205

Black River Falls808 Red Iron RoadBlack River Falls, WI 54615Phone: 715.284.2253Fax: 715.284.0699

Independence36084 Walnut StreetIndependence, WI 54747Phone: 715.985.3392Fax: 715.985.2580

Mauston1000 College AvenueMauston, WI 53948Phone: 608.847.7364Fax: 608.847.5039

W I S C O N S I N

W E S T E R N TECHNICAL C O L L E G ED I S T R I C T

Tomah120 East Milwaukee StreetTomah, WI 54660-0847Phone: 608.374.7700Fax: 608.374.7702

Viroqua220 South Main StreetViroqua, WI 54665-0431Phone: 608.637.2612Fax: 608.789.6269

Public Safety Training Center11177 County Road ASparta, WI 54656Phone: 608.269.1611Fax: 608.269.4073

Regional LocationsSparta-Public Safety Training Center

TABLE OF CONTENTS Page

Introduction

A. Letter to Citizens of the District 7

B. Key Results 9

C. Significant Budget Changes 10

D. New Activities 12

E. Fund Balance Use 13

Financial Data

A. Equalized Valuation and Tax Levy 17

B. Pro-Forma Balance Sheet 18

C. Definition of Funds 20

D. Description of Revenue Categories 21

E. Description of Functional Units 22

F. Basis of Budgeting and Accounting 23

G. Combined Fund Summary 24

H. Budgetary Statement of Resources, Uses and Changes in Fund Balance

1. General Fund 25

2. Special Revenue – Aidable Funds 26

3. Special Revenue – Non-Aidable Funds 27

4. Capital Projects Fund 28

5. Debt Service Fund 29

6. Enterprise Funds 30

7. Internal Service Funds 31

I. Budgetary Expenditures by Object Level 32

J. Capital Projects Summary of Uses 33

K. Position Summary 34

L. Schedule of Long-Term Obligations 35

M. Combined Schedule of Long-Term Obligations 49

N. Debt Limit 50

Supplemental Data

A. General Fund Comparison of Resources 53

B. General Fund Comparison of Uses 54

C. Equalized Valuation and Mill Rates 55

D. Notice of Public Hearing 56

E. Notice of Public Hearing – Budget Summary-General Fund 57

F. Tax Levy for Debt Service Obligations 58

G. Total Tax Levy Comparisons 59

H. Valuation, Tax Share, Population and Enrollment 60

I. Enrollment Headcount and FTE 61

J. Full-Time Equivalent Enrollment Projections 62

K. Grants Data:

1. Projected Grants 2016-17 63

2. Funding Sources 64

L. Program Offerings 65

M. Graduate Follow-Up Report Summary 69

Introduction

Citizens of the Western Technical College District: We are pleased to present this 2016-17 budget, which supports the mission of the Western Technical College District (Western) to provide relevant, high quality education, in a collaborative and sustainable environment, that changes the lives of students and grows our communities. The budget is the fiscal plan for the operation of Western for the fiscal year beginning July 1, 2016 and ending June 30, 2017. This document represents the efforts of the District Board and the Western staff to allocate available resources in order to provide quality educational programs and services to the citizens of the District. Several major points should be highlighted as you review this budget:

• The budget focuses on allocating resources in a manner that is consistent with the College’s Mission, Vision and Values. All budget decisions were driven by the strategic goals and four key results of Western as outlined on page 9.

• The budget maintains the College’s emphasis on instruction with particular focus on student success in meeting program and educational goals.

• The budget reflects the fact that the District is called upon to deliver services to meet local

needs, such as retraining dislocated workers, and serving students of color, students needing to complete a High School Credential, and adults seeking a GED certificate.

• Enrollment at Western is anticipated to increase approximately 2% in 2016-17. Western is in the process of implementing enrollment management strategies to help the college achieve its goal of serving 10,000 students by 2020.

• It continues to emphasize Continuous Quality Improvement in conducting District activities.

This has been recognized by receipt of the Mastery Level of the Wisconsin Forward Award and the Higher Learning Commission’s Academic Quality Improvement Program checkup report.

• This budget recognizes improvements in college transfer opportunities with other institutions

of higher learning. Western continues to offer the Associate of Science Liberal Arts Transfer degree program with the University of Wisconsin–La Crosse and has seen steady growth in this since beginning in 2009. Also included are collaborative degree programs with Viterbo University, University of Wisconsin, Winona State University, Milwaukee School of Engineering, and others.

• Western continues to deliver curriculum across the District, as well as between districts,

providing maximum access to students using the latest in technology and distance education techniques.

• Western continues to reallocate operational funds internally as a major source of funding

new programming. This year, approximately $1.3 million was reallocated (including 7 FTE positions).

June 21, 2016 7

• The budget reflects approximately $800,000 in new programs and initiatives (including 5 FTE positions). The District also transitioned approximately $200,000 from grant funding to on-going district funding (including 3 FTE positions).

• The budget reflects an investment in recruitment and marketing efforts with a focus on recruitment of adult learners and flexible learning options.

• The budget emphasizes initiatives designed to enhance cooperative relationships with businesses, public and private K-12 systems, colleges, universities and other technical college districts and governmental agencies.

• The budget reflects a historic change in Wisconsin State Statutes providing approximately

$15 million in a dollar for dollar reduction in property tax funding with an in increase in state aid funding. This shift occurred in fiscal year 2015.

• The budget reflects the final phases of construction of referendum projects approved by the voters of the Western Technical College District on November 6, 2012. This was a $79.8 million referendum that included six major projects. All projects are scheduled for completion this fiscal year. Please visit Western’s website for specific details on the six projects.

• The budget continues to encourage the improvement of internal and external communication

to allow better public input into college activities and maintains a high level of operational feedback from students, employees, District Board members, and others.

• It supports the commitments Western has made related to environmental and operational

sustainability, including, but not limited to: enhancing energy conservation efforts, transitioning toward LEED certified facilities, reducing its carbon footprint, etc.

• Western continues to be a very cost effective college with a cost per student ranking in the

lower half of the Wisconsin Technical College System. While resources are restricted, the District is once again maintaining a conservative posture which reflects the needs and financial limitations of the Western District. This budget will allow the District to continue to move forward to meet its strategic goals and achieve its key results. Your questions and comments concerning any phase of our operation are welcome.

Lee Rasch, President Dennis Treu, Chairperson Western Technical College Western Technical College District Board

June 21, 2016 8

Our

Mis

sio

n

Wes

tern

Tec

hnic

al C

olle

ge

pro

vid

es

rele

vant

, hig

h q

ualit

y ed

ucat

ion,

in a

co

llab

ora

tive

and

sus

tain

able

env

iro

n-m

ent,

tha

t ch

ang

es t

he li

ves

of

stud

ents

an

d g

row

s o

ur c

om

mun

itie

s.

Our

Vis

ion

Wes

tern

Tec

hnic

al C

olle

ge

is t

he c

olle

ge

of

firs

t ch

oic

e in

our

reg

ion.

Our

Val

ues

We

valu

e th

e su

cces

s o

f o

ur s

tud

ents

and

ho

ld o

urse

lves

acc

oun

tab

le f

or

pro

vid

ing

ex

celle

nce

in s

tud

ent

lear

ning

, bas

ed o

n th

e d

iver

se n

eed

s o

f ea

ch s

tud

ent

and

b

uilt

on

a fo

und

atio

n o

f in

teg

rity

, tea

m-

wo

rk a

nd r

esp

ect.

Lea

rnin

g

E

xcel

lenc

e

A

ccou

ntab

ilit

y

D

iver

sity

S

tude

nt S

ucce

ss

T

eam

wor

k

In

tegr

ity

R

espe

ct

STR

AT

EG

IC G

OA

LS

1.In

crea

se t

he a

cad

emic

suc

cess

of

stud

ents

2.In

crea

se a

nnua

l num

ber

of

peo

ple

serv

ed

3.P

rovi

de

affo

rdab

le, h

igh

qua

lity

educ

atio

n

4.Im

pro

ve s

take

hold

er s

atis

fact

ion

KE

Y R

ESU

LTS

1.In

crea

se “

C”

or

bet

ter

cour

seco

mp

leti

on

1% p

er y

ear

thro

ugh

2020

2.In

crea

se a

nnua

l num

ber

of

cred

itst

uden

ts s

erve

d t

o 1

0,00

0 b

y 20

20

3.R

educ

e in

dir

ect

and

dir

ect

cost

per

cred

it h

our

by

5% b

y 20

20

4.Sc

ore

hig

her

than

90%

of

pee

rg

roup

s in

“to

p b

ox”

sati

sfac

tio

n

PR

AC

TIC

ES

Car

e o

f o

ther

s:

We

serv

e o

ther

s w

ith

cour

tesy

, kin

dne

ss,

resp

ect

and

co

mp

assi

on.

Att

itud

e:

We

are

all r

esp

ons

ible

fo

r cr

eati

ng a

p

osi

tive

ess

enti

al e

xper

ienc

e at

Wes

tern

.

Pro

fess

iona

lism

: W

e re

pre

sent

Wes

tern

and

res

pec

t w

ho

we

serv

e b

y m

od

elin

g p

rofe

ssio

nal

beh

avio

r.

Co

mm

unic

atio

n:

We

talk

, lis

ten

and

inte

ract

wit

h o

ther

s in

a

way

tha

t is

co

nsis

tent

wit

h o

ur v

alue

s.

Co

mm

itm

ent:

W

e re

ly o

n o

ne a

noth

er t

o c

ons

iste

ntly

an

d c

olla

bo

rati

vely

ach

ieve

our

mis

sio

n ev

ery

day

.

CU

LTU

RE

We

reco

gni

ze t

hat

our

exp

erie

nces

cre

ate

the

bel

iefs

of

our

org

aniz

atio

n an

d a

re

refl

ecte

d in

our

act

ions

and

org

aniz

a-ti

ona

l res

ults

. We

cho

ose

to

dem

ons

trat

e th

e o

wne

rshi

p n

eces

sary

to

ach

ieve

our

ke

y re

sult

s b

y cr

eati

ng a

cul

ture

of

acco

unta

bili

ty, p

ract

icin

g t

he a

bo

ve t

he

line

step

s o

f: S

ee it

®, O

wn

it®

, So

lve

it®

, D

o it

®.

June 21, 2016 9

SIGNIFICANT BUDGET CHANGES

I. General Fund

A. Revenue

1. Local: The tax levy for operations is projected to increase approximately $360,000 in 2016-17

compared to a similar increase of approximately $340,000 in 2015-16. The College saw a dramatic

reduction in tax levy revenue in 2014-15 as a result of legislation passed in January 2014 that

reduced technical college property taxes and replaced that revenue dollar-for-dollar with $406

million annually in new state funding. Each district’s operating mill rate was reduced by .89.

The mill rate for operations for 2016-2017 is estimated to be .610171. The equalized valuation is

estimated to increase 2.00% from 2015. The equalized valuation for each municipality within the

District, which consists of all or parts of 11 counties, is established by the Wisconsin Department of

Revenue. As taxes levied by municipalities are based on assessed valuation, each individual

municipality’s mill rate may vary from the District’s equalized valuation mill rate.

2. State: Total state aids are projected to decrease approximately $517,000 in 2016-17. $15,200,000

of state aid is attributed to property tax relief and will be distributed based on the reduced levy

amount from 2014-2015. State incentive aid is based on competitive requests for grants in areas

such as emerging occupations and basic skills training programs.

The remaining general state aid will be distributed based on the District’s equalized valuation,

“aidable cost,” and aidable full-time equivalent students relative to the other fifteen technical

colleges in the state as well as a percentage that will be distributed based on a performance-based

funding model. In 2014-15, 10% of the statutory formula aid was distributed using the

performance based funding model. This percentage increased to 20% in 2015-16 and will increase

to 30% for 2016-2017.

3. Student Fees: Program (tuition) fees are expected to increase by an estimated 3.5% over 2015-16.

The rates themselves are set annually by the Wisconsin Technical College Board. The increase

assumes an estimated 2% increase in student numbers over 2015-16, and recognizes a 1.5%

increase in tuition rates.

4. Institutional: Institutional revenue is projected to increase approximately $52,000.

5. Federal: Federal revenue is projected to decrease approximately $300,000. The decrease is due

primarily to the completion of a large federal grant.

B. Expenditures

Budgeted General Fund expenditures for 2016-17 are expected to decrease .90% over 2015-16. The

decrease is due to a reduction in relocation costs related to the referendum projects and a decrease in

expenses related to federal grants.

June 21, 2016 10

II. Special Revenue – Aidable

These funds primarily account for business and industry contracts. Revenues and expenditures are

expected to increase approximately $125,000 during 2016-2017 due to additional business and industry

contracts.

III. Special Revenue – Non-Aidable

These funds account for student financial assistance, student activities and clubs, and other student

related activities. Revenue and expenditures are expected to increase approximately $1,200,000 during

2016-2017.

IV. Capital Projects

The District is proposing to borrow $9,785,000 during Fiscal Year 2016-17 for 2016-17 projects and

some 2017-18 projects. Some projects that were budgeted and started in 2015-16 will be carried

forward and finished in 2016-17. Capital projects expenditures for 2016-17 are expected to decrease

approximately $4.5 million to $23.5 million. These expenditures will be for the planned uses as

indicated in the schedule on page 33 of this document.

V. Debt Service

The tax levy for debt service is estimated to increase approximately $700,000 over 2015-16. The

anticipated interest rate on new borrowing is 2.0% - 3.0%, with a redemption schedule of five years for

equipment, 10 years for remodeling, and 15-20 years for new construction.

VI. Proprietary Funds – Enterprise & Internal Service

The enterprise funds account for the bookstore, day care center, residence hall, food service, job center,

and the wellness center. The internal service funds account for the PC resale operations, self-funded

dental insurance, and post-retirement health insurance coverage. Total expenditures are estimated to

increase approximately $413,000 over 2015-16.

VII. Tax Levy

The District’s proposed total mill rate for 2016-17 is 1.585625, representing .610171 mills for

operations and 0.975454 mills for debt. This represents an increase of .008205 mills from 2015-16.

This is based on estimated equalized valuations increasing 2.00% from 2015-16. This is approximately

an $.82 increase on a $100,000 home.

The District’s proposed total levy for 2016-17 is $29,043,918, representing $11,168,918 for operations

and $17,875,000 for debt. This represents an increase of $716,607 from 2015-16.

The Board will set the tax levy at the October Board meeting when the equalized valuations and more

accurate projections on state aids are available.

June 21, 2016 11

NEW ACTIVITIES

In a continued climate of significant budget constraints, new College initiatives, as well

as operating cost increases, are being funded primarily through the reallocation of District

funds. These new initiatives are critical to meeting the College’s strategic goals and

achieving its key results. Major new activities funded in the 2016-17 budget include:

Continuing work on projects approved by voter referendum. Four of the six

major projects have been substantially completed. The final two projects are

scheduled to be completed during 2016-2017.

Continuing work previously funded by grant dollars. As state grant funding

has shifted and federal grants have reached completion, these initiatives that

are critical to achieving the key results are transitioning to District dollars.

Increasing resources in K12 relations, recruitment and marketing. Additional

dollars have been allocated to increase marketing outside our region and to

market facilities completed with referendum dollars. Additional FTE

positions in recruitment will allow for a focus on adult recruitment as well as

coordination with local high schools on high school academies.

College funds to support new initiatives are available through reallocation of support

from lower priority activities and new revenue enhancements. These reallocations and

enhancements include:

Elimination of 7 FTE positions through retirement and reorganization.

Other planned budget reductions in services, travel, supplies, and equipment.

June 21, 2016 12

PLANNED USE OF FUND BALANCE– GENERAL FUND

Western’s fund balance policy indicates that the college will maintain a reserve for

operations in the general fund equal to 16-25% of operating fund expenditures. Fund

balance should not be used as a resource to balance the budget but may be used to

support one time expenditures or provide seed money for new instructional and support

services priorities. Planned fund balance use of $950,000 for 2016-17 for one time

expenditures and seed money includes:

$75,000 to support the Achieving the Dream initiative that focuses on providing

equitable support to all students so that they can achieve student success.

$35,000 to produce a forecasting tool to assist with Western’s enrollment

management efforts.

$175,000 to market to students outside the region.

$85,000 in seed money to hire an adult recruiter that can help grow adult student

enrollment.

$260,000 to offset subsidies in select enterprise areas. The business plan for the

enterprise fund includes being self-supporting by 2020.

$300,000 to cover the last of the operating costs related to the facilities

referendum. These costs include items such as temporary leases, moving

expenses, etc.

$20,000 in the final spend down of focus on energy funds that were received in

previous years.

June 21, 2016 13

Financial Data

20

12

-13

20

13

-14

20

14

-15

20

15

-16

20

16

-17

*

20

16

-17

Ch

an

ge

Per

cen

t

Ch

an

ge

Eq

ual

ized

Val

uat

ion

16

,58

1,1

56

,48

4$

16

,82

4,0

80

,07

1$

17

,34

8,3

56

,92

7$

17

,96

5,4

93

,88

8$

18

,32

4,8

03

,76

6$

35

9,3

09

,87

8$

2.0

0%

Tax

Lev

y O

per

atio

n2

4,8

71

,73

4$

2

5,2

84

,80

1$

1

0,4

69

,53

5$

1

0,8

05

,31

1$

1

1,1

68

,91

8$

3

63

,60

7$

3

.37

%

Tax

Lev

y D

ebt

10

,21

5,5

03

16

,48

5,5

02

17

,17

3,6

59

17

,52

2,0

00

17

,87

5,0

00

35

3,0

00

2.0

1%

To

tal

Ta

x L

evy

35

,08

7,2

37

$

41

,77

0,3

03

$

27

,64

3,1

94

$

28

,32

7,3

11

$

29

,04

3,9

18

$

71

6,6

07

$

2.5

3%

Mil

l R

ate

- O

per

atio

n1

.50

00

00

1.5

02

89

40

.60

28

43

0.6

02

11

00

.61

01

71

0.0

08

06

11

.34

%

Mil

l R

ate

- D

ebt

0.6

16

09

10

.97

98

75

0.9

89

93

00

.97

53

10

0.9

75

45

40

.00

01

44

0.0

1%

To

tal

Mil

l R

ate

2.1

16

09

12

.48

27

69

1.5

92

77

31

.57

74

20

1.5

85

62

50

.00

82

05

0.5

2%

Lev

y,

By

Fu

nd

Gen

eral

24

,79

3,4

34

$

25

,20

9,6

95

$

10

,39

0,5

50

$

10

,73

0,3

74

$

11

,09

3,2

72

$

36

2,8

98

$

3.3

8%

Sp

ecia

l R

even

ue-

Fin

anci

al A

id7

8,3

00

75

,10

6

7

8,9

85

74

,93

7

7

5,6

46

70

9

0

.95

%

Cap

ital

Pro

ject

s-

-

-

-

-

-

0

.00

%

Deb

t S

ervic

e1

0,2

15

,50

3

1

6,4

85

,50

2

1

7,1

73

,65

9

1

7,5

22

,00

0

1

7,8

75

,00

0

3

53

,00

0

2

.01

%

To

tals

35

,08

7,2

37

$

41

,77

0,3

03

$

27

,64

3,1

94

$

28

,32

7,3

11

$

29

,04

3,9

18

$

71

6,6

07

$

2.5

3%

Ta

x o

n $

10

0,0

00

ho

use

21

1.6

1$

2

48

.28

$

15

9.2

8$

1

57

.74

$

15

8.5

6$

0

.82

$

0

.52

%

*E

stim

ate

d

EQ

UA

LIZ

ED

VA

LU

AT

ION

AN

D T

AX

LE

VY

June 21, 2016 17

Pro

pri

etary

Tota

l

Gen

eral

Sp

ecia

l

Reven

ue-

Aid

ab

le

Sp

ecia

l

Reven

ue-

Non

-Aid

ab

le

Cap

ital

Pro

ject

s

Deb

t

Ser

vic

e

En

terp

rise

an

d I

nte

rnal

Ser

vic

e

Fix

ed

Ass

ets

Lon

g-T

erm

Ob

ligati

on

s

Mem

ora

nd

um

On

ly

AS

SE

TS

Cas

h a

nd

Inves

tmen

ts7,2

00,0

00

$

50,0

00

$

520,0

00

$

23,0

00,0

00

$

7,5

00,0

00

$

3,2

00,0

00

$

-$

-

$

41,4

70,0

00

$

Rec

eivab

les:

Pro

per

ty T

ax8,2

00,0

00

8,2

00,0

00

Acc

ounts

2,1

00,0

00

150,0

00

300,0

00

100,0

00

2,6

50,0

00

Du

e F

rom

Oth

er F

unds

0

Inven

tory

1,5

00,0

00

1,5

00,0

00

Fix

ed A

sset

s1

4,8

00,0

00

203,7

00,0

00

218,5

00,0

00

Am

ou

nt

Avai

lable

in D

ebt

Ser

vic

e F

und

7,5

00,0

00

7,5

00,0

00

Am

ou

nt

to b

e P

rovid

ed f

or

Long-T

erm

Ob

lig

atio

ns

127,3

00,0

00

127,3

00,0

00

To

tal

Ass

ets

17,5

00,0

00

$

200,0

00

$

820,0

00

$

23,0

00,0

00

$

7,5

00,0

00

$

19,6

00,0

00

$

203,7

00,0

00

$

134,8

00,0

00

$

407,1

20,0

00

$

LIA

BIL

ITIE

S

Acc

ou

nts

Pay

able

200,0

00

$

100,0

00

$

100,0

00

$

3,5

00,0

00

$

-$

100,0

00

$

-

$

-$

4,0

00,0

00

$

Em

plo

yee

Rel

ated

Pay

able

s400,0

00

40,0

00

50,0

00

490,0

00

Du

e to

Oth

er F

unds

0

Def

erre

d R

even

ues

2,0

00,0

00

300,0

00

100,0

00

2,4

00,0

00

Note

s P

ayab

le0

Lon

g-T

erm

Obli

gat

ions

14,6

00,0

00

134,8

00,0

00

149,4

00,0

00

To

tal

Lia

bil

itie

s2,6

00,0

00

$

140,0

00

$

400,0

00

$

3,5

00,0

00

$

-$

1

4,8

50,0

00

$

-$

134,8

00,0

00

$

156,2

90,0

00

$

PR

O-F

OR

MA

BA

LA

NC

E S

HE

ET

Ju

ly 2

01

6

Gover

nm

enta

l F

un

d C

ate

gory

Acco

un

t G

rou

ps

June 21, 2016 18

Pro

pri

eta

ryT

ota

l

Gen

era

l

Sp

ecia

l

Rev

en

ue-

Aid

ab

le

Sp

ecia

l

Rev

en

ue-

No

n-A

ida

ble

Ca

pit

al

Pro

jects

Deb

t

Ser

vic

e

En

terp

rise

an

d I

nte

rn

al

Ser

vic

e

Fix

ed

Ass

ets

Lo

ng

-Ter

m

Ob

lig

ati

on

s

Mem

ora

nd

um

On

ly

FU

ND

EQ

UIT

Y

Inves

tmen

t in

Fix

ed A

sset

s-

$

-$

-$

-$

-

$

-$

20

3,7

00

,00

0$

-

$

20

3,7

00

,00

0$

Contr

ibute

d C

apit

al0

Ret

ained

Ear

nin

gs

4,7

50

,00

04

,75

0,0

00

Fund B

alan

ce:

Res

erved

for

Deb

t S

ervic

e7

,50

0,0

00

7,5

00

,00

0

Res

erved

for

Cap

ital

P

roje

cts

19

,50

0,0

00

19

,50

0,0

00

Res

erved

for

Stu

den

t F

inan

cial

Ass

ista

nce

2

0,0

00

Res

erved

for

Stu

den

t O

rgan

izat

ion

s

40

0,0

00

40

0,0

00

Unre

serv

ed:

Des

ign

ated

for

Post

Em

plo

ym

ent

Ben

efit

s2

,70

0,0

00

2,7

00

,00

0

Des

ign

ated

for

Sta

te A

id a

nd

In

sura

nce

42

0,0

00

42

0,0

00

Des

ign

ated

for

Op

erat

ion

s1

1,7

80

,00

06

0,0

00

11

,84

0,0

00

Tota

l F

un

d E

qu

ity

14

,90

0,0

00

60

,00

04

20

,00

01

9,5

00

,00

07

,50

0,0

00

4,7

50

,00

02

03

,70

0,0

00

02

50

,83

0,0

00

Tota

l L

iab

ilit

ies

& F

un

d E

qu

ity

17

,50

0,0

00

$

20

0,0

00

$

82

0,0

00

$

23

,00

0,0

00

$

7,5

00

,00

0$

19

,60

0,0

00

$

20

3,7

00

,00

0$

1

34

,80

0,0

00

$

40

7,1

20

,00

0$

PR

O-F

OR

MA

BA

LA

NC

E S

HE

ET

Ju

ly 2

01

6

Go

ver

nm

enta

l F

un

d C

ate

go

ry

Acc

ou

nt

Gro

up

s

June 21, 2016 19

DEFINITION OF FUNDS

Fund

A fund is an independent fiscal accounting entity made up of a self-balancing group of accounts, which

is established for a specific purpose or objective. It includes accounts for assets, liabilities, fund

balances, revenues and expenditures necessary to record the financial condition and the results of

operation of the fund. Thus, it refers to more than a sum of money or other resources.

Governmental

Funds

General Fund – The General Fund is the principal operating fund of the District and accounts for all

financial activities of the District not required to be accounted for in another fund.

Special Revenue – Aidable Funds – The Special Revenue – Aidable Funds account for the proceeds

and related financial activities of specified revenue sources that are legally restricted to expenditures

for specified purposes. Western accounts for business and industry contracts within this fund type.

Special Revenue – Non-Aidable Funds – The Special Revenue – Non-Aidable Funds account for

financial resources used for a specific non-aidable purpose such as expendable trusts.

Capital Projects Fund - The Capital Projects Fund accounts for financial resources used for the

acquisition of equipment and the acquisition, construction or improvement of major capital facilities

other than those financed by enterprise or trust fund operations.

Debt Service Fund - The Debt Service Fund is used to account for the accumulation of resources for,

and the payment of general long-term debt, including long-term lease/purchase obligations.

Proprietary

Funds

Enterprise Funds - The Enterprise Funds are used to record revenues and expenses related to

rendering services for students, faculty, staff and the community. These funds are intended to be self-

supporting and are operated in a manner similar to private business where the intent of the District is

that all costs of providing certain goods and services to the students and other aforementioned parties

are recovered primarily through user charges. These services complement the educational and general

objectives of the District.

Internal Service Funds – The Internal Service Funds are used to account for the financing and related

activities of goods and services provided by one department of the District to other departments on a

cost reimbursement basis.

Fiduciary Funds

Trust and Agency Fund – The Trust and Agency Fund is used to account for financial resources held

in a fiduciary capacity by the District.

Due to changes in Governmental Accounting Standards and Reporting, all of the activity in the Trust

and Agency Fund is now accounted for in the Special Revenue Non-Aidable Funds, starting in

2002-03. These funds account for student financial assistance, student activities and clubs, and other

student related activities.

Account Groups

General Fixed Assets Account Group – The General Fixed Assets Account Group is used to establish

accounting control and accountability for the District's general fixed assets that are not recorded in

proprietary funds.

General Long-Term Debt Account Group – This account group presents the balance of general long-

term debt that is not recorded in proprietary funds and is secured by the full faith and credit of the

District. Payments on general obligation and other long-term debts are made from the Debt Service

Fund.

June 21, 2016 20

DESCRIPTION OF REVENUE CATEGORIES

Western Technical College has a diversified funding base composed of property taxes, state aid, student

fees, federal grants, and institutionally generated revenues. Western believes that this diversity, the

strength of the local economy and its fiscal management will continue to provide the resources required to

fulfill its mission now and in the future without significant changes in the level of services provided.

Property

Taxes

Western receives approximately one third of its operating funds from local property taxes.

Annually, in October, the property tax levy is billed based upon the equalized value of taxable

property, excluding tax incremental financing districts, to the local municipalities who act as

assessors and collection agencies. All delinquencies are assumed by the respective counties, thus

Western will receive the full amount of its levy. The debt service mill rate is added to the operational

mill rate to get a total mill rate amount.

State

Aids

State aids are provided by the Wisconsin Technical College System (WTCS). Approximately

$15,200,000 of state aid is attributed to property tax relief and is distributed based on the reduced

levy amount.

A percentage of state aid is distributed based on a performance-based funding model. In 2014-15,

10% of the statutory formula aid was distributed using the performance based funding model. The

percentage increased to 20% in 2015-2016 and to 30% in 2016-17.

The remaining state aid is distributed as follows: [(Total general and special revenue-aidable fund

expenditures - all non-property tax or interest income revenue) + debt service expenditures] * (state

average of taxable property per full-time equivalent student/Western taxable property per full-time

equivalent student).

Student

Fees

Fees are collected from students for tuition, materials, and miscellaneous items. Tuition and

material fee rates are set annually by the WTCS based upon estimated total operating expenditures

of all districts. Miscellaneous items include non-resident and out-of-state tuition, group dynamics

course fees, testing fees, application fees, and graduation fees.

Institutional

Revenue

These revenues are generated by business and industry contracts (38.14 contracts) for customized

instruction and technical assistance, technical preparation contracts (tech prep, 118.15 slotter

contracts), interest or investment earnings, and enterprise activities.

Federal

Grants

Western receives federal grants for specific projects and student financial assistance such as Adult

Basic Education, Carl Perkins Act, Pell, Federal Work-Study, Federal Family Education Loan

Program, and Division of Vocational Rehabilitation.

State

Grants

Western receives various state grants for specific projects such as Incentive Grants.

June 21, 2016 21

DESCRIPTION OF FUNCTIONAL UNITS

The Wisconsin Technical College System Board requires each technical college to classify expenditures

by function to provide activity detail of our primary activity--instruction. The following is a listing and

description of the expenditure functions used by Western.

Instruction

This function includes teaching, academic administration, including clerical support, and other

activities related directly to the teaching of students, guiding the students in the educational

program, and coordination and improvement of teaching.

Instructional

Resources

This function includes all learning resource activities such as the library, general computer labs,

instructional media center, computing resources, distance learning equipment and maintenance,

instructional resources administration, and clerical support.

Student

Services

This function includes those non-instructional services provided for the student body such as

student recruitment, student services administration and clerical support, admissions,

registration, counseling, including testing and evaluation, health services, financial aids,

placement and follow-up.

General

Institution

This function includes all services benefiting the entire college, exclusive of those chargeable

directly to other functional categories. Examples of this type of expenditure are legal fees,

external audit fees, general liability insurance, non-resident tuition, interest on operational

borrowing, and public information. General personnel, employment relations, and marketing

efforts are also included in this function.

Physical

Plant

This function includes all services required for the operation and maintenance of the physical

facilities. Principal and interest on long-term obligations are included under this function as are

the general utilities such as heat, light, and power.

Auxiliary

Services

This function includes commercial-type activities such as the bookstore and cafeteria.

June 21, 2016 22

BASIS OF BUDGETING AND ACCOUNTING

BASIS OF BUDGETING

The accounts of Western Technical College are organized on the basis of funds and account groups, each

of which is considered a separate accounting entity. The operations of each fund are accounted for with a

separate set of self-balancing accounts that comprise its assets, liabilities, fund equity, revenues, and

expenditures. Western’s resources are allocated and accounted for in individual funds, based upon the

purpose for which they are to be spent and the means by which spending activities are controlled. See

page 19 for a detailed description of these funds.

BASIS OF ACCOUNTING

Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts

and reported in the financial statements. Basis of accounting relates to the timing of the measurement

made, regardless of the measurement focus applied.

The governmental, expendable trust and agency funds are accounted for on a modified accrual basis.

Under the modified accrual basis of accounting, transactions are recorded in the following manner:

Revenues are recognized when they become both measurable and available (susceptible to

accrual). All revenues are considered susceptible to accrual except summer school tuition and

fees and the portion of the local tax levy not due until after June 30, which are recorded as

deferred revenue.

Expenditures are recognized when the liability is incurred, except for interest and principal on

general long-term obligation debt, which are recognized as expenditures when due. Expenditures

for claims and judgments are recognized when it becomes probable that an asset has been

impaired or a liability has been incurred.

Expenditures for compensated absences, including vacation and sick leave, are recognized when

the liability is incurred.

Fixed assets are recorded as capital outlays at the time of purchase.

Proceeds of long-term obligations are treated as a financing source when received.

The proprietary funds are accounted for on an accrual basis, whereby revenues are recognized when

measurable and earned and expenses are recorded as liabilities when incurred and, where applicable,

depreciation expense is also included.

The Governmental Accounting Standards Board (GASB) Statement No. 20 “Accounting and Financial

Reporting for Proprietary Funds and Other Governmental Entities that use Proprietary Fund Accounting"

provides that proprietary funds may apply all GASB pronouncements as well as the following

pronouncements issued on or before November 30,1989, unless those pronouncements conflict with or

contradict GASB pronouncements: Statements and interpretations of The Financial Accounting Standards

Board (FASB), Accounting Principles Board (APB) Opinions, and Accounting Research Bulletins

(ARB's) on the Committee on Accounting Procedure. Western Technical College has elected to apply

only FASB, APB, and ARB materials issued on or before November 30, 1989.

For financial statement reporting purposes, Western has adopted the standards in GASB 34. The most

significant difference between financial reporting and budgetary reporting is the elimination of funds in

the financial reporting and the reporting of all activity in one combined set of numbers in budgetary

reporting. For financial reporting purposes, full accrual is used.

June 21, 2016 23

2014-2015

Actual*

2015-2016

Budget

2015-2016

Estimate**

2016-2017

Budget

REVENUES

Local Government $ 27,620,390 $ 28,327,311 $ 27,938,000 $ 29,043,918

State Aids 23,435,707 23,976,142 23,927,000 23,768,224

Program Fees 11,099,813 11,618,235 11,618,000 11,728,000

Material Fees 457,651 468,700 468,000 510,000

Other Student Fees 1,735,497 1,785,960 1,769,000 1,973,595

Institutional 10,230,762 10,712,794 10,339,000 10,857,399

Federal 23,712,136 23,426,649 21,787,000 22,179,441

Total Revenue $ 98,291,956 $ 100,315,791 $ 97,846,000 $ 100,060,577

EXPENDITURES

Instruction $ 32,980,108 $ 34,687,449 $ 34,049,000 $ 34,874,608

Instructional Resources 1,819,863 1,949,036 1,879,000 1,855,387

Student Services 27,692,588 28,804,980 26,954,000 27,931,012

General Institutional 7,504,358 8,670,429 8,469,000 9,150,680

Physical Plant 52,847,117 52,862,856 50,922,000 43,481,841

Auxiliary Services 8,094,089 7,745,677 7,452,000 7,864,750

Total Expenditures $ 130,938,123 $ 134,720,427 $ 129,725,000 $ 125,158,278

Net Revenue (Expenditures) $ (32,646,167) $ (34,404,636) $ (31,879,000) (25,097,701)$

OTHER SOURCES (USES)

Debt Refinancing $ - $ - $ (2,326,000) $ -

Proceeds from Debt 16,500,000 7,000,000 9,556,000 9,785,000

Proceeds from Sale of Assets - - - -

Residual Equity Transfer In (Out) - - - -

Operating Transfer In (Out) - - - -

Total Resources (Uses) $ (16,146,167) $ (27,404,636) $ (24,649,000) $ (15,312,701)

TRANSFERS TO (FROM) FUND BALANCE

Reserve for Capital Projects $ (14,348,741) $ (23,458,000) $ (20,520,000) $ (13,438,000)

Reserve for Debt Service (1,125,137) (2,181,000) (2,529,000) (536,000)

Retained Earnings (447,135) (2,571) 30,000 101,970

Reserve for Student Organizations (52,575) (128,330) (18,000) -

Designated for Post Employment Benefits (667,326) (780,000) (600,000) (488,000)

Designated for Self Insurance (26,181) - (30,000) -

Designated for Subsequent Year - - - -

Designated for Operations 520,928 (854,735) (982,000) (952,671)

Total Transfers To (From) Fund Balance $ (16,146,167) $ (27,404,636) $ (24,649,000) $ (15,312,701)

Beginning Fund Balance 84,506,075 68,359,908 68,359,908 43,710,908

Ending Fund Balance $ 68,359,908 $ 40,955,272 $ 43,710,908 $ 28,398,207

EXPENDITURES BY FUND

General Fund $ 48,033,135 $ 50,646,879 $ 50,640,000 $ 50,182,464

Special Revenue -- Aidable Funds 1,941,976 2,100,300 1,994,000 2,118,330

Special Revenue -- Non Aidable Funds 22,847,926 23,674,571 21,807,000 23,009,734

Capital Projects Fund 32,833,168 30,825,000 28,104,000 23,548,000

Debt Service Fund 17,187,829 19,728,000 19,728,000 18,435,000

Enterprise Funds 5,522,564 4,904,677 4,753,000 5,053,750

Internal Service Funds 2,571,525 2,841,000 2,699,000 2,811,000

Trust and Agency Fund - - - -

Total Expenditures by Fund $ 130,938,123 $ 134,720,427 $ 129,725,000 $ 125,158,278

Budgetary Statement of Resources, Uses, and Changes in Fund Balance

COMBINED FUND SUMMARY

*Actual is presented on a budgetary basis

**Estimate is based upon 10 months of actual and 2 months of estimatedJune 21, 2016 24

2014-2015

Actual*

2015-2016

Budget

2015-2016

Estimate**

2016-2017

Budget

REVENUES

Local Government 10,390,550$ 10,730,374$ 10,730,000$ 11,093,272$

State Aids 21,991,104 22,556,692 22,556,000 22,038,774

Program Fees 11,099,813 11,618,235 11,618,000 11,728,000

Material Fees 457,651 468,700 468,000 510,000


Institutional 604,163 595,400 595,000 646,899

Federal 2,657,858 2,193,589 2,193,000 1,884,253

Total Revenues 48,226,845$ 49,256,950$ 49,253,000$ 48,989,793$

EXPENDITURES

Instruction 30,118,742$ 31,144,117$ 31,139,000$ 31,096,608$




Physical Plant 4,579,500 4,874,856 4,874,000 4,463,341

Total Expenditures 48,033,135$ 50,646,879$ 50,640,000$ 50,182,464$

Net Revenue (Expenditures) 193,710$ (1,389,929)$ (1,387,000)$ (1,192,671)$


Residual Equity Transfer In (Out) -$ -$ -$ -$

Operating Transfer in (Out) (366,289) (244,806) (225,000) (248,000)

Total Resource (Uses) (172,579)$ (1,634,735)$ (1,612,000)$ (1,440,671)$


Designated for Post Employment Benefits (667,326)$ (780,000)$ (600,000)$ (488,000)$

Reserve for Self Insurance (26,181) - (30,000) -



Total Transfers To (From) Fund Balance (172,579)$ (1,634,735)$ (1,612,000)$ (1,440,671)$


Ending Fund Balance 15,474,309$ 13,839,574$ 13,862,309$ 12,421,638$

**Estimate is based upon 10 months of actual and 2 months of estimated



GENERAL FUND

June 21, 2016 25

2014-2015

Actual*

2015-2016

Budget

2015-2016

Estimate**

2016-2017

Budget

REVENUES

State Aids $ 453,908 $ 213,000 $ 213,000 $ 386,000

Other Student Fees 109,312 70,000 70,000 70,000

Institutional 1,401,492 1,795,000 1,693,000 1,645,000

Total Revenue $ 1,964,712 $ 2,078,000 $ 1,976,000 $ 2,101,000

EXPENDITURES

Instruction $ 1,759,262 $ 1,872,932 $ 1,799,000 $ 1,898,000

Student Services - - - -

General Institutional 182,714 227,368 195,000 220,330


Net Revenue (Expenditures) $ 22,736 $ (22,300) $ (18,000) $ (17,330)


Proceeds from Debt $ - $ - $ - $ -

Operating Transfer in (Out) - - - -

Total Resource (Uses) $ 22,736 $ (22,300) $ (18,000) $ (17,330)


Retained Earnings 22,736 (22,300) (18,000) (17,330)

Total Transfers To (From) Fund Balance $ 22,736 $ (22,300) $ (18,000) $ (17,330)

Beginning Fund Balance 21,844 44,580 44,580 26,580

Ending Fund Balance $ 44,580 $ 22,280 $ 26,580 $ 9,250


SPECIAL REVENUE - AIDABLE FUNDS



June 21, 2016 26

2014-2015

Actual*

2015-2016

Budget

2015-2016

Estimate**

2016-2017

Budget

REVENUES

Local Government $ 56,181 $ 74,937 $ 34,000 $ 75,646

State Aids 954,285 1,051,450 1,016,000 1,175,450

Other Student Fees 600,479 622,000 606,000 815,000

Institutional 546,434 561,794 561,000 643,650

Federal 20,616,126 21,233,060 19,594,000 20,295,188

Total Revenue $ 22,773,505 $ 23,543,241 $ 21,811,000 $ 23,004,934

EXPENDITURES

Instruction $ 45,533 $ 63,400 $ 56,000 $ 61,500



Auxiliary Services - - - -


Net Revenue (Expenditures) $ (74,421) $ (131,330) $ 4,000 $ (4,800)


Operating Transfer in (Out) (36,275) - - -

Total Resource (Uses) (110,696)$ (131,330)$ 4,000$ (4,800)$


Retained Earnings $ (58,121) $ (3,000) $ 22,000 $ (4,800)

Reserve for Student and Other Organizations (52,575) (128,330) (18,000) -

Total Transfers To (From) Fund Balance $ (110,696) $ (131,330) $ 4,000 $ (4,800)

Beginning Fund Balance 553,739 443,043 443,043 447,043

Ending Fund Balance $ 443,043 $ 311,713 $ 447,043 $ 442,243

SPECIAL REVENUE - NON AIDABLE FUNDS




June 21, 2016 27

2014-2015

Actual*

2015-2016

Budget

2015-2016

Estimate**

2016-2017

Budget

REVENUES

State Aids $ 36,410 $ 155,000 $ 142,000 $ 168,000

Institutional 9,865 212,000 212,000 157,000

Federal 438,152 - - -

Total Revenue $ 484,427 $ 367,000 $ 354,000 $ 325,000

EXPENDITURES

Instruction $ 1,056,571 $ 1,607,000 $ 1,055,000 $ 1,818,500

Instructional Resources 546,333 610,000 540,000 602,000

Student Services 12,253 14,000 14,000 14,000


Physical Plant 31,079,788 28,260,000 26,320,000 20,583,500

Total Expenditures $ 32,833,168 $ 30,825,000 28,104,000$ $ 23,548,000

Net Revenue (Expenditures) ($32,348,741) ($30,458,000) ($27,750,000) ($23,223,000)


Proceeds from Debt $ 16,500,000 $ 7,000,000 $ 7,230,000 $ 9,785,000

Proceeds from Sale of Assets - - -

Operating Transfer in (Out) 1,500,000 - -

Total Resource (Uses) $ (14,348,741) $ (23,458,000) $ (20,520,000) $ (13,438,000)


Reserve from Capital Funds (14,348,741) (23,458,000) (20,520,000) (13,438,000)

Total Transfers To (From) Fund Balance $ (14,348,741) $ (23,458,000) $ (20,520,000) ($13,438,000)


Ending Fund Balance $ 37,397,277 $ 13,939,277 $ 16,877,277 $ 3,439,277


CAPITAL PROJECTS FUND



June 21, 2016 28

2014-2015

Actual*

2015-2016

Budget

2015-2016

Estimate**

2016-2017

Budget

REVENUES


Institutional 376,450 25,000 25,000 24,000

Total Revenue 17,550,109$ 17,547,000$ 17,199,000$ 17,899,000$

EXPENDITURES

Physical Plant 17,187,829 19,728,000 19,728,000 18,435,000


Net Revenue (Expenditures) 362,280$ (2,181,000)$ (2,529,000)$ (536,000)$


Proceeds from Debt -$ -$ 2,326,000$ -$

Debt Refinancing - - (2,326,000) -

Operating Transfer in (Out) (1,487,417) - - -

Total Resource (Uses) (1,125,137)$ (2,181,000)$ (2,529,000)$ (536,000)$


Reserve from Debt Service (1,125,137) (2,181,000) (2,529,000) (536,000)

Total Transfers To (From) Fund Balance (1,125,137)$ (2,181,000)$ (2,529,000)$ (536,000)$






DEBT SERVICE FUND

June 21, 2016 29

2014-2015

Actual*

2015-2016

Budget

2015-2016

Estimate**

2016-2017

Budget

REVENUES

Other Student Fees -$ -$ -$ -$

Institutional 4,558,668 4,562,600 4,467,000 4,817,850

Federal - - - -

Total Revenue 4,558,668$ 4,562,600$ 4,467,000$ 4,817,850$

EXPENDITURES

Instruction -$ -$ -$ -$

Auxiliary Services 5,522,564 4,904,677 4,753,000 5,053,750


Net Revenue (Expenditures) (963,896)$ (342,077)$ (286,000)$ (235,900)$


Residual Equity Transfer In (Out) -$ -$

Operating Transfer in (Out) 417,213 264,806 255,000 260,000

Total Resource (Uses) (546,683)$ (77,271)$ (31,000)$ 24,100$


Retained Earnings (546,683) (77,271) (31,000) 24,100

Total Transfers To (From) Fund Balance (546,683)$ (77,271)$ (31,000)$ 24,100$




ENTERPRISE FUNDS



June 21, 2016 30

2014-2015

Actual*

2015-2016

Budget

2015-2016

Estimate**

2016-2017

Budget

REVENUES

Institutional 2,733,690$ 2,961,000$ 2,786,000$ 2,923,000$

Total Revenue 2,733,690$ 2,961,000$ 2,786,000$ 2,923,000$

EXPENDITURES

Auxiliary Services 2,571,525$ 2,841,000$ 2,699,000$ 2,811,000$


Net Revenue (Expenditures) 162,165$ 120,000$ 87,000$ 112,000$


Residual Equity Transfer In (Out) -$ -$ -$ -$


Total Resource (Uses) 134,933$ 100,000$ 57,000$ 100,000$


Retained Earnings 134,933$ 100,000$ 57,000$ 100,000$

Total Transfers To (From) Fund Balance 134,933$ 100,000$ 57,000$ 100,000$

Beginning Fund Balance 468,727$ 603,660$ 603,660$ 660,660$

Ending Fund Balance 603,660$ 703,660$ 660,660$ 760,660$

INTERNAL SERVICE FUNDS




June 21, 2016 31

G

en

era

l

Sp

ecia

l R

ev

en

ue

Aid

ab

le

Sp

ecia

l R

ev

en

ue

No

n-A

ida

ble

Ca

pit

al

Pro

jects

Deb

t

Serv

ice

En

terp

ris

e

Inte

rn

al

Serv

ice

To

tal

Sal

arie

s an

d W

ages

29

,61

7,1

14

$

92

1,1

65

$

31

2,0

38

$

79

7,1

28

$

15

0,0

92

$

31

,79

7,5

37

$

Fri

nge

Ben

efit

s1

2,2

92

,13

9

3

64

,61

5

5

0,9

64

2

64

,25

9

7

3,9

16

1

3,0

45

,89

3

Per

son

nel

Ser

vic

es4

1,9

09

,25

3$

1

,28

5,7

80

$

36

3,0

02

$

1,0

61

,38

7$

2

24

,00

8$

4

4,8

43

,43

0$

Cu

rren

t E

xp

ense

8,2

73

,21

1$

83

2,5

50

$

22

,64

6,7

32

$

1

,68

1,3

63

$

53

3,1

00

$

33

,96

6,9

56

$

Res

ale

Mer

chan

dis

e2

,31

1,0

00

2,0

53

,89

2

4

,36

4,8

92

Cap

ital

Ou

tlay

23

,54

8,0

00

$

2

3,5

48

,00

0

Deb

t S

ervic

e

1

8,4

35

,00

0

1

8,4

35

,00

0

To

tal

Bu

dg

ete

d E

xp

en

dit

ures

50

,18

2,4

64

$

2,1

18

,33

0$

2

3,0

09

,73

4$

23

,54

8,0

00

$

1

8,4

35

,00

0$

5

,05

3,7

50

$

2,8

11

,00

0$

1

25

,15

8,2

78

$

BU

DG

ET

ED

EX

PE

ND

ITU

RE

S

BY

OB

JE

CT

LE

VE

L -

AL

L F

UN

DS

June 21, 2016 32

Equipment

Instructional Equipment 1,000,000$

Minor Project Furnishings 200,000

Non-Instructional Equipment 150,000

Computer Replacement 600,000

Network Copier Replacement 40,000

Safety & Security Equipment 100,000

Audio Visual Equipment 100,000

2,190,000$

Utility

Network Improvements 150,000

Data Center Upgrades 100,000

ITV Communications 270,000

Powercampus 200,000

PC Services 220,000

940,000$

Remodeling/Construction (Existing Infrastructure)

Site Work 4,500,000$

Mechanical, Electrical and Plumbing 300,000

General Construction 1,000,000

Minor Projects 200,000

6,000,000$

Total Recurring 9,130,000$

Equipment & Furnishings

Grant Funded Equipment 168,000$

Project Equipment & Furnishings 870,000

Kumm Center Equipment & Furnishings 1,200,000

Security Access Control & Lockdown Equipment 100,000

Integrated Technology Center Equipment & Furnishings 830,000

3,168,000$

Remodeling/Construction/Property Acquisition

La Crosse Property Acquisitions/Footprint 1,000,000$

Professional Services 250,000

1,250,000$

Referendum Projects

Truck & Heavy Equipment Facility -$

Parking Ramp -

Horticultural Education Center -

Kumm Center 6,000,000

Coleman Center 3,000,000

Integrated Technology Center 1,000,000

10,000,000$

Total Non-Recurring 14,418,000$

Total 23,548,000$

CAPITAL PROJECTS FUND

Schedule of 2016-17 Planned Uses

Recurring Capital Items

Non-Recurring

June 21, 2016 33

2013-14

Actual

2014-15

Actual

2015-16

Budget

General

Fund

Special

Revenue

Aidable

Funds

Special

Revenue

Non-Aidable

Funds

Proprietary

Funds

Total

2016-17

Budget

Category

Administrators/Supervisors 66 76 75 67 8 0 5 80

Teachers 200 207 201 198 0 0 0 198

Specialists 34 24 24 30 0 1 0 31

Other Staff 154 157 156 133 4 0 9 146

Total 454 464 456 428 12 1 14 455

POSITION SUMMARY - FTE BASIS

NOTE: Above numbers do not include students.

June 21, 2016 34

Principal Interest Total

2016-17 120,000 11,938 131,938

2017-18 125,000 7,344 132,344

2018-19 125,000 2,500 127,500

Total Due $ 370,000 $ 21,781 $ 391,781

2016-17 245,000 24,450 269,450

2017-18 255,000 15,381 270,381

2018-19 265,000 5,300 270,300

Total Due $ 765,000 $ 45,131 $ 810,131

2016-17 120,000 10,388 130,388

2017-18 125,000 6,406 131,406

2018-19 125,000 2,188 127,188

Total Due $ 370,000 $ 18,981 $ 388,981

2016-17 150,000 15,906 165,906

2017-18 160,000 9,800 169,800

2018-19 165,000 3,300 168,300

Total Due $ 475,000 $ 29,006 $ 504,006

2016-17 150,000 13,075 163,075

2017-18 155,000 8,119 163,119

2018-19 160,000 2,800 162,800

Total Due $ 465,000 $ 23,994 $ 488,994

2016-17 190,000 21,744 211,744

2017-18 195,000 16,088 211,088

2018-19 200,000 9,913 209,913

2019-20 205,000 3,331 208,331

Total Due $ 790,000 $ 51,075 $ 841,075

SCHEDULE OF LONG-TERM OBLIGATIONS

Promissory notes in the amount of

$1,500,000 were issued 10/15/09 to Robert

W. Baird & Co. to finance building

remodeling and improvement projects and

property acquisition. Interest Rate at 2.00 -

3.25 percent. Mature October 1, 2019.




remodeling and improvement projects.

Interest Rate at 3.25 - 4.00 percent. Mature

October 1, 2018.


$4,800,000 were issued 4/01/09 to Robert W.

Baird & Co. to finance building remodeling

and improvement projects and the acquisition

of movable equipment. Interest Rate at 2.25 -





and improvement projects. Interest Rate at

2.00 - 3.50 percent. Mature October 1, 2018.




and improvement projects and site

improvement projects. Interest Rate at 2.75 -





and improvement projects. Interest Rate at


June 21, 2016 35



2016-17 145,000 16,975 161,975

2017-18 150,000 12,550 162,550

2018-19 150,000 7,863 157,863

2019-20 155,000 2,713 157,713

Total Due $ 600,000 $ 40,100 $ 640,100

2016-17 355,000 50,188 405,188

2017-18 365,000 37,588 402,588

2018-19 380,000 23,600 403,600

2019-20 400,000 8,000 408,000

Total Due $ 1,500,000 $ 119,375 $ 1,619,375

2016-17 215,000 25,913 240,913

2017-18 220,000 19,113 239,113

2018-19 225,000 11,881 236,881

2019-20 235,000 4,113 239,113

Total Due $ 895,000 $ 61,019 $ 956,019

2016-17 285,000 32,200 317,200

2017-18 295,000 23,500 318,500

2018-19 300,000 14,575 314,575

2019-20 310,000 5,038 315,038

Total Due $ 1,190,000 $ 75,313 $ 1,265,313

2016-17 185,000 26,475 211,475

2017-18 190,000 20,850 210,850

2018-19 195,000 15,075 210,075

2019-20 200,000 9,150 209,150

2020-21 205,000 3,075 208,075

Total Due $ 975,000 $ 74,625 $ 1,049,625



W. Baird & Co. for refunding of debt and to

finance building remodeling and





W. Baird & Co. to finance building additions

or enlargements at the Sparta Campus and to

acquire movable equipment. Interest Rate at







October 1, 2019.





the acquisition of movable equipment.


October 1, 2019.


$2,410,000 were issued 10/12/2010 to

Robert W. Baird & Co. for refunding of debt

and to finance building remodeling and



June 21, 2016 36



2016-17 930,000 63,400 993,400

2017-18 355,000 46,450 401,450

2018-19 370,000 35,113 405,113

2019-20 380,000 22,450 402,450

2020-21 395,000 7,900 402,900

Total Due $ 2,430,000 $ 175,313 $ 2,605,313

2016-17 65,625 65,625

2017-18 65,625 65,625

2018-19 65,625 65,625

2019-20 65,625 65,625

2020-21 1,500,000 32,813 1,532,813

Total Due $ 1,500,000 $ 295,313 $ 1,795,313

2016-17 185,000 29,850 214,850

2017-18 190,000 25,225 215,225

2018-19 195,000 19,525 214,525

2019-20 200,000 13,675 213,675

2020-21 205,000 7,175 212,175

Total Due $ 975,000 $ 95,450 $ 1,070,450

2016-17 185,000 32,425 217,425

2017-18 190,000 26,875 216,875

2018-19 195,000 21,175 216,175

2019-20 200,000 14,350 214,350

2020-21 210,000 7,350 217,350

Total Due $ 980,000 $ 102,175 $ 1,082,175





Interest rate at 2.00 - 3.50 percent. Mature

April 1, 2021.






April 1, 2021.



W. Baird & Co.to finance the purchase and

improvement of a building at the Black River

Falls Campus and the acquisition of movable

equipment. Interest Rate at 2.00 - 4.00

percent. Mature October 1, 2020.

Qualified Energy Conservation promissory

notes in the amount of $1,500,000 were

issued 1/27/2011 to Robert W. Baird & Co.

to finance building remodeling and

improvement projects. The U.S. Treasury

will reimburse all or a portion of the interest.

Interest Rate at 4.375 percent. Mature

October 1, 2020.

June 21, 2016 37



2016-17 45,000 45,000

2017-18 45,000 45,000

2018-19 45,000 45,000

2019-20 45,000 45,000

2020-21 1,200,000 45,000 1,245,000

Total Due $ 1,200,000 $ 225,000 $ 1,425,000

2016-17 165,000 23,550 188,550

2017-18 170,000 19,425 189,425

2018-19 175,000 15,175 190,175

2019-20 175,000 10,800 185,800

2020-21 185,000 5,550 190,550

Total Due $ 870,000 $ 74,500 $ 944,500

2016-17 745,000 44,900 789,900

2017-18 365,000 30,000 395,000

2018-19 370,000 22,700 392,700

2019-20 380,000 15,300 395,300

2020-21 385,000 7,700 392,700

Total Due $ 2,245,000 $ 120,600 $ 2,365,600

2016-17 150,000 20,325 170,325

2017-18 150,000 17,325 167,325

2018-19 155,000 14,325 169,325

2019-20 155,000 11,225 166,225

2020-21 160,000 8,125 168,125

2021-22 165,000 4,125 169,125

Total Due $ 935,000 $ 75,450 $ 1,010,450

Qualified Energy Conservation promissory

notes in the amount of $1,200,000 were

issued 8/23/2011 to Robert W. Baird & Co.

to finance building remodeling and

improvement projects. The U.S. Treasury

will reimburse all or a portion of the interest.

Interest rate at 3.75 percent. Mature April 1,

2021.





improvement projects, the acquisition of

moveable equipment, and the acquisition of

property. Interest rate at 2.00 - 3.00 percent.

Mature April 1, 2021.





the acquisition of moveable equipment.


April 1, 2021.






April 1, 2022.

June 21, 2016 38



2016-17 165,000 21,050 186,050

2017-18 165,000 17,750 182,750

2018-19 170,000 14,450 184,450

2019-20 175,000 11,050 186,050

2020-21 175,000 7,550 182,550

2021-22 180,000 4,050 184,050

Total Due $ 1,030,000 $ 75,900 $ 1,105,900

2016-17 165,000 20,600 185,600

2017-18 165,000 17,300 182,300

2018-19 170,000 14,000 184,000

2019-20 175,000 10,600 185,600

2020-21 175,000 7,100 182,100

2021-22 180,000 3,600 183,600

$ 1,030,000 $ 73,200 $ 1,103,200

2016-17 62,000 62,000

2017-18 62,000 62,000

2018-19 62,000 62,000

2019-20 62,000 62,000

2020-21 62,000 62,000

2021-22 62,000 62,000

2022-23 2,000,000 62,000 2,062,000

Total Due $ 2,000,000 $ 434,000 $ 2,434,000

2016-17 105,000 2,100 107,100

Total Due $ 105,000 $ 2,100 $ 107,100



W. Baird & Co for property and site

acquisition at the La Crosse Campus.

Interest Rate at 2.00 percent. Mature April 1,

2022.

Taxable Clean Renewable Energy

Promissory Notes (10 years) were issued

10/9/2012 to Robert W. Baird & Co. in the

amount of $2,000,000 to finance hydro and

solar power energy projects. The U.S.

Treasury will reimburse all or a portion of the

interest. Interest rate at 3.10 percent. Mature

April 1, 2023.






April 1, 2022.





improvement projects. Interest rate at 2.00

percent. Mature April 1, 2017.

June 21, 2016 39



2016-17 920,000 67,100 987,100

2017-18 935,000 48,700 983,700

2018-19 365,000 30,000 395,000

2019-20 370,000 22,700 392,700

2020-21 380,000 15,300 395,300

2021-22 385,000 7,700 392,700

Total Due $ 3,355,000 $ 191,500 $ 3,546,500

2016-17 1,661,250 1,661,250

2017-18 1,661,250 1,661,250

2018-19 1,661,250 1,661,250

2019-20 1,661,250 1,661,250

2020-21 1,661,250 1,661,250

2021-22 1,661,250 1,661,250

2022-23 1,661,250 1,661,250

2023-24 1,661,250 1,661,250

2024-25 1,661,250 1,661,250

2025-26 1,661,250 1,661,250

2026-27 790,000 1,661,250 2,451,250

2027-28 5,365,000 1,621,750 6,986,750

2028-29 5,640,000 1,353,500 6,993,500

2029-30 5,930,000 1,071,500 7,001,500

2030-31 6,200,000 775,000 6,975,000

2031-32 6,455,000 527,000 6,982,000

2032-33 6,720,000 268,800 6,988,800

Total Due $ 37,100,000 $ 23,891,300 $ 60,991,300

2016-17 145,000 26,850 171,850

2017-18 150,000 23,950 173,950

2018-19 150,000 20,950 170,950

2019-20 155,000 17,950 172,950

2020-21 160,000 14,850 174,850

2021-22 165,000 10,050 175,050

2022-23 170,000 5,100 175,100

Total Due $ 1,095,000 $ 119,700 $ 1,214,700


$6,000,000 were issued 02/04/2013 to

Robert W. Baird & Co. to finance building



Interest rate at 2.00 percent. Mature April 1,

2022.



W. Baird & Co. for refunding of the Bond

Anticipation Notes (BANs) used to fund the

District's master facilities plan as approved

by the 11/6/2012 voters' referendum. Interest

rate 4.00 - 5.00 percent. Mature April 1,

2033.





Interest rate 2.00 - 3.00 percent. Mature

April 1, 2023.

June 21, 2016 40



2016-17 744,400 744,400

2017-18 744,400 744,400

2018-19 744,400 744,400

2019-20 744,400 744,400

2020-21 744,400 744,400

2021-22 744,400 744,400

2022-23 100,000 744,400 844,400

2023-24 4,540,000 740,400 5,280,400

2024-25 4,725,000 558,800 5,283,800

2025-26 4,915,000 369,800 5,284,800

2026-27 4,330,000 173,200 4,503,200

Total Due $ 18,610,000 $ 7,053,000 $ 25,663,000

2016-17 145,000 25,100 170,100

2017-18 150,000 22,200 172,200

2018-19 150,000 19,200 169,200

2019-20 155,000 16,200 171,200

2020-21 160,000 13,100 173,100

2021-22 165,000 9,900 174,900

2022-23 165,000 4,950 169,950

Total Due $ 1,090,000 $ 110,650 $ 1,200,650

2016-17 145,000 34,112 179,112

2017-18 150,000 29,763 179,763

2018-19 150,000 25,262 175,262

2019-20 155,000 20,763 175,763

2020-21 160,000 16,112 176,112

2021-22 165,000 11,313 176,313

2022-23 170,000 5,950 175,950

Total Due $ 1,095,000 $ 143,275 $ 1,238,275



W. Baird & Co. for refunding of the Bond

Anticipation Notes (BANs) used to fund the

District's master facilities plan as approved

by the 11/6/2012 voters' referendum. Interest

rate at 4.00 percent. Mature April 1, 2027.


$1,500,000 were issued 06/03/2013 to




April 1, 2023.


$1,500,000 were issued 09/04/2013 to




April 1, 2023.

June 21, 2016 41



2016-17 140,000 35,550 175,550

2017-18 145,000 32,750 177,750

2018-19 150,000 28,400 178,400

2019-20 155,000 24,650 179,650

2020-21 160,000 20,000 180,000

2021-22 165,000 13,600 178,600

2022-23 175,000 7,000 182,000

Total Due $ 1,090,000 $ 161,950 $ 1,251,950

2016-17 1,510,000 617,625 2,127,625

2017-18 1,535,000 587,425 2,122,425

2018-19 1,585,000 556,725 2,141,725

2019-20 2,380,000 493,325 2,873,325

2020-21 3,695,000 398,125 4,093,125

2021-22 3,820,000 268,800 4,088,800

2022-23 3,860,000 135,100 3,995,100

Total Due $ 18,385,000 $ 3,057,125 $ 21,442,125


$1,500,000 were issued 10/16/2013 Robert



Interest Rate 2.00 - 4.00 percent. Mature

April 1, 2023.


$21,800,000 were issued 12/5/2013 to

Robert W. Baird & Co with $19,800,000 to

fund the District's master facilities plan as

approved by the 11/6/2012 voters'

referendum and $2,000,000 to finance

building remodeling and improvement

projects and the acquisition of movable

equipment. Interest rate 2.00 - 4.00 percent.


June 21, 2016 42



2016-17 250,000 573,880 823,880

2017-18 295,000 571,005 866,005

2018-19 315,000 566,137 881,137

2019-20 340,000 559,837 899,837

2020-21 365,000 551,678 916,678

2021-22 390,000 541,457 931,457

2022-23 420,000 529,368 949,368

2023-24 455,000 515,507 970,507

2024-25 490,000 499,810 989,810

2025-26 525,000 481,925 1,006,925

2026-27 565,000 461,975 1,026,975

2027-28 610,000 439,940 1,049,940

2028-29 655,000 415,540 1,070,540

2029-30 700,000 388,358 1,088,358

2030-31 750,000 358,257 1,108,257

2031-32 805,000 325,258 1,130,258

2032-33 865,000 289,435 1,154,435

2033-34 925,000 250,510 1,175,510

2034-35 990,000 207,035 1,197,035

2035-36 1,065,000 160,505 1,225,505

2036-37 1,135,000 110,450 1,245,450

2037-38 1,215,000 57,105 1,272,105

Total Due $ 14,125,000 $ 8,854,972 $ 22,979,972

2016-17 940,000 80,750 1,020,750

2017-18 960,000 62,700 1,022,700

2018-19 975,000 43,500 1,018,500

2019-20 200,000 24,000 224,000

2020-21 200,000 18,000 218,000

2021-22 200,000 12,000 212,000

2022-23 200,000 6,000 206,000

Total Due $ 3,675,000 $ 246,950 $ 3,921,950

Wisconsin Housing & Economic Authority

Multifamily Housing Bonds 2013 Series B in

the amount of $14,575,000 were issued

12/1/13 to Robert W. Baird & Co to finance

the purchase of a residence hall for student

housing. Interest rate 0.40 - 4.70 percent.

Mature April 2038







April 1, 2023.

June 21, 2016 43



2016-17 140,000 30,950 170,950

2017-18 145,000 28,150 173,150

2018-19 145,000 25,250 170,250

2019-20 150,000 22,350 172,350

2020-21 155,000 19,350 174,350

2021-22 160,000 14,700 174,700

2022-23 165,000 9,900 174,900

2023-24 165,000 4,950 169,950

Total Due $ 1,225,000 $ 155,600 $ 1,380,600

2016-17 135,000 32,830 167,830

2017-18 140,000 30,130 170,130

2018-19 145,000 27,330 172,330

2019-20 150,000 24,430 174,430

2020-21 160,000 19,930 179,930

2021-22 165,000 15,130 180,130

2022-23 170,000 10,180 180,180

2023-24 175,000 5,250 180,250

Total Due $ 1,240,000 $ 165,210 $ 1,405,210

2016-17 135,000 31,500 166,500

2017-18 140,000 28,800 168,800

2018-19 145,000 26,000 171,000

2019-20 150,000 23,100 173,100

2020-21 160,000 20,100 180,100

2021-22 165,000 15,300 180,300

2022-23 170,000 10,350 180,350

2023-24 175,000 5,250 180,250

Total Due $ 1,240,000 $ 160,400 $ 1,400,400





Interest rate at 2.00 - 3.00%. Mature April 1,

2024.






2024.




remodeling and improvement projects at the

Weaver Building and other District facilities.


2024.

June 21, 2016 44



2016-17 230,000 56,700 286,700

2017-18 235,000 52,100 287,100

2018-19 245,000 47,400 292,400

2019-20 250,000 40,050 290,050

2020-21 260,000 32,550 292,550

2021-22 265,000 24,750 289,750

2022-23 275,000 16,800 291,800

2023-24 285,000 8,550 293,550

Total Due $ 2,045,000 $ 278,900 $ 2,323,900

2016-17 140,000 32,700 172,700

2017-18 145,000 29,900 174,900

2018-19 150,000 27,000 177,000

2019-20 150,000 24,000 174,000

2020-21 155,000 19,500 174,500

2021-22 160,000 14,850 174,850

2022-23 165,000 10,050 175,050

2023-24 170,000 5,100 175,100

Total Due $ 1,235,000 $ 163,100 $ 1,398,100

2016-17 895,000 136,250 1,031,250

2017-18 915,000 118,350 1,033,350

2018-19 935,000 100,050 1,035,050

2019-20 960,000 74,000 1,034,000

2020-21 985,000 54,800 1,039,800

2021-22 1,010,000 25,250 1,035,250

Total Due $ 5,700,000 $ 508,700 $ 6,208,700


$2,500,000 were issued 10/02/2014 to

Robert W. Baird & Co. with $1,500,000 to


improvement projects at the Weaver Building

and other District facilities, $250,000 to

finance moveable equipment and $750,000 to

finance construction of buildings at the La

Crosse campus. Interest rate at 2.00 - 3.00%.



$1,500,000 were issued 11/05/2014 to

Robert W. Baird & Co. with $750,000 to


improvement projects and $750,000 to

finance construction at the La Crosse

campus. Interest rate at 2.00 - 3.00%.



$7,500,000 were issued 03/03/2015 to

Robert W. Baird & Co. to finance the

acquisition of moveable equipment. Interest

rate at 2.00 - 3.00%. Mature April 1, 2022.

June 21, 2016 45



2016-17 140,000 33,750 173,750

2017-18 140,000 30,950 170,950

2018-19 145,000 28,150 173,150

2019-20 145,000 25,250 170,250

2020-21 150,000 22,350 172,350

2021-22 155,000 19,350 174,350

2022-23 160,000 14,700 174,700

2023-24 165,000 9,900 174,900

2024-25 165,000 4,950 169,950

Total Due $ 1,365,000 $ 189,350 $ 1,554,350

2016-17 185,000 45,000 230,000

2017-18 190,000 41,300 231,300

2018-19 190,000 37,500 227,500

2019-20 195,000 33,700 228,700

2020-21 200,000 29,800 229,800

2021-22 205,000 25,800 230,800

2022-23 210,000 19,650 229,650

2023-24 220,000 13,350 233,350

2024-25 225,000 6,750 231,750

Total Due $ 1,820,000 $ 252,850 $ 2,072,850

2016-17 1,255,000 59,800 1,314,800

2017-18 150,000 34,700 184,700

2018-19 155,000 31,700 186,700

2019-20 155,000 28,600 183,600

2020-21 160,000 25,500 185,500

2021-22 165,000 20,700 185,700

2022-23 170,000 15,750 185,750

2023-24 175,000 10,650 185,650

2024-25 180,000 5,400 185,400

Total Due $ 2,565,000 $ 232,800 $ 2,797,800


$1,500,000 were issued April 30, 2015 to

Robert W. Baird & Co. finance building and

remodeling improvement projects. Interest



$2,000,000 were issued June 2, 2015 to


finance building and remodeling

improvement projects and $500,000 to

finance the construction of building additions

or enlargements at the Viroqua campus.


2025.


$3,940,000 were issued November 2, 2015 to



improvement projects, $100,000 to finance

the construction of building additions or

enlargements at the Viroqua campus and

$2,345,000 for refunding of debt. Interest


June 21, 2016 46



2016-17 1,200,000 106,004 1,306,004

2017-18 700,000 73,850 773,850

2018-19 705,000 59,850 764,850

2019-20 715,000 45,750 760,750

2020-21 155,000 24,300 179,300

2021-22 160,000 19,650 179,650

2022-23 160,000 14,850 174,850

2023-24 165,000 10,050 175,050

2024-25 170,000 5,100 175,100

Total Due $ 4,130,000 $ 359,404 $ 4,489,404

2016-17 135,000 32,535 167,535

2017-18 140,000 33,725 173,725

2018-19 140,000 30,950 170,950

2019-20 145,000 28,125 173,125

2020-21 145,000 25,250 170,250

2021-22 150,000 22,325 172,325

2022-23 155,000 18,938 173,938

2023-24 160,000 14,662 174,662

2024-25 165,000 9,863 174,863

2025-26 165,000 6,187 171,187

Total Due $ 1,500,000 $ 222,560 $ 1,722,560

2016-17 510,000 137,429 647,429

2017-18 630,000 99,900 729,900

2018-19 565,000 81,975 646,975

2019-20 590,000 64,650 654,650

2020-21 800,000 43,800 843,800

2021-22 200,000 28,800 228,800

2022-23 200,000 22,800 222,800

2023-24 220,000 16,500 236,500

2024-25 220,000 9,900 229,900

2025-26 220,000 3,300 223,300

Total Due $ 4,155,000 $ 509,054 $ 4,664,054


$4,155,000 to be issued August 2, 2016 with

$2,155,000 to finance the acquisition of

moveable equipment, $1,000,000 to finance

property acquisition and $1,000,000 to


improvement projects. Interest rate at 2.00 -

3.00%. Mature April 1, 2026.


$4,130,000 were issued March 1, 2016 to



improvement projects and $2,730,000 to

finance the acquisition of movable

equipment. Interest rate at 2.00 - 3.00%.



$1,500,000 to be issued May 3, 2016 to



3.00%. Mature April 1, 2026.

June 21, 2016 47



2016-17 - - -

2017-18 1,200,000 106,004 1,306,004

2018-19 700,000 73,850 773,850

2019-20 705,000 59,850 764,850

2020-21 715,000 45,750 760,750

2021-22 155,000 24,300 179,300

2022-23 160,000 19,650 179,650

2023-24 160,000 14,850 174,850

2024-25 165,000 10,050 175,050

2025-26 170,000 5,100 175,100

Total Due $ 4,130,000 $ 359,404 $ 4,489,404

2016-17 - - -

2017-18 135,000 32,535 167,535

2018-19 140,000 33,725 173,725

2019-20 140,000 30,950 170,950

2020-21 145,000 28,125 173,125

2021-22 145,000 25,250 170,250

2022-23 150,000 22,325 172,325

2023-24 155,000 18,938 173,938

2024-25 160,000 14,662 174,662

2025-26 165,000 9,863 174,863

2026-27 165,000 6,187 171,187

Total Due $ 1,500,000 $ 222,560 $ 1,722,560


$4,130,000 to be issued March 1, 2017 with

$1,400,000 to finance building and

remodeling improvement projects and

$2,730,000 to finance the acquisition of

movable equipment. Interest rate at 2.00 -

3.00%. Mature April 1, 2026.


$1,500,000 to be issued May 1, 2017 to



3.00%. Mature April 1, 2027.

June 21, 2016 48

Fiscal Year Principal Interest Total

2016-17 14,250,000 5,282,140 19,532,140

2017-18 13,310,000 5,074,250 18,384,250

2018-19 12,435,000 4,754,635 17,189,635

2019-20 11,855,000 4,424,299 16,279,299

2020-21 14,420,000 4,065,258 18,485,258

2021-22 9,240,000 3,650,400 12,890,400

2022-23 9,570,000 3,367,061 12,937,061

2023-24 7,385,000 3,055,157 10,440,157

2024-25 6,665,000 2,786,535 9,451,535

2025-26 6,160,000 2,537,425 8,697,425

2026-27 5,850,000 2,302,612 8,152,612

2027-28 5,975,000 2,061,690 8,036,690

2028-29 6,295,000 1,769,040 8,064,040

2029-30 6,630,000 1,459,858 8,089,858

2030-31 6,950,000 1,133,257 8,083,257

2031-32 7,260,000 852,258 8,112,258

2032-33 7,585,000 558,235 8,143,235

2033-34 925,000 250,510 1,175,510

2034-35 990,000 207,035 1,197,035

2035-36 1,065,000 160,505 1,225,505

2036-37 1,135,000 110,450 1,245,450

2037-38 1,215,000 57,105 1,272,105

Subtotal 157,165,000$ 49,919,714$ 207,084,714$

Less Enterprise Debt 14,644,743$ 8,891,532$ 23,536,275$

Total Long-Term Debt 142,520,257$ 41,028,182$ 183,548,439$

COMBINED SCHEDULE OF

LONG-TERM OBLIGATIONS

Included in the above amounts are $9,785,000 in promissory notes that the District

plans to issue in Fiscal Year 2016-17 for the purchase of operational equipment,

remodeling of facilities and site improvements.

June 21, 2016 49

The aggregate indebtedness of the District may not exceed 5% of the equalized value of the taxable

property located in the District per s67.03 (1) Wisconsin Statutes. The maximum aggregate

indebtedness of the District budgeted for FY 2016-17 is $142,520,257. This amount includes an

anticipated $9,785,000 in promissory note issues for purchase of operational equipment and the

remodeling of facilities and site improvements. The 5% limit is $916,240,188.

The bonded indebtedness of the District may not exceed 2% of the equalized value of the property

located in the District per s67.03(9) Wisconsin Statutes. The maximum bonded indebtedness of the

District budgeted for FY 2016-17 is $14,125,000. The 2% limit is $366,496,075.

DEBT LIMIT

June 21, 2016 50

Supplemental Data

COMPARISON OF RESOURCES - GENERAL FUND

Local Government$10,390,550

22%

State Aids21,991,104

46%

Student Fees12,583,170

26%

Institutional 604,163

1%

Federal2,657,858

5%

2014-15 Actual


22%


46%


27%


1%

Federal2,193,000

4%

2015-16 Estimate


23%


45%


27%


1%

Federal1,884,253

4%

2016-17 Budget

June 21, 2016 53

COMPARISON OF USES - GENERAL FUND

Instruction$30,118,742

63%

Instructional Resources$1,273,530

3%

Student Services$4,914,609

10%

General Institutional$7,146,754

15%

Physical Plant$4,579,500

9%

2014-15 Actual


61%


3%


10%


16%


10%

2015-16 Estimate


62%


2%


10%


17%


9%

2016-17 Budget

June 21, 2016 54

Calendar Year Equalized Valuation

Operational

Mill Rate

Debt

Mill Rate

Total

Mill Rate

2006 13,297,043,275$ 1.476158 0.626450 2.102608

2007 14,664,270,370 1.418435 0.562571 1.981006

2008 15,858,414,514 1.402918 0.511144 1.914062

2009 16,451,108,619 1.486512 0.447766 1.934278

2010 16,779,184,462 1.500000 0.489087 1.989087

2011 16,662,091,177 1.500000 0.545759 2.045759

2012 16,541,274,117 1.500000 0.597112 2.097112

2013 16,581,156,484 1.500000 0.616091 2.116091

2014 16,824,080,071 1.502894 0.979875 2.482769

2015 17,348,356,927 0.602843 0.989930 1.592773

2016 17,965,493,888 0.602110 0.975310 1.577420

2017 Budget 18,324,803,766 0.610171 0.975454 1.585625

EQUALIZED VALUATION AND MILL RATES

0.00

0.50

1.00

1.50

2.00

2.50

3.00

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017Budget

Western Technical CollegeTax Impact - Mill Rate

OperationalMill Rate

DebtMill Rate

TotalMill Rate

June 21, 2016 55

M

ill

Ra

tes

Fis

ca

l Y

ea

r

Eq

ua

lized

Va

lua

tion

(1)

Op

era

tion

al(2

)

D

eb

t S

erv

ice

Tota

l

Mil

l R

ate

Percen

t

Inc/(

Dec)

20

12

-13

16

,58

1,1

56

,48

4$

1.5

00

00

0.6

16

09

2.1

16

09

0.9

0%

20

13

-14

16

,82

4,0

80

,07

1$

1.5

02

89

0.9

79

88

2.4

82

77

17.3

3%

20

14

-15

17

,34

8,3

56

,92

7$

0.6

02

84

0.9

89

93

1.5

92

77

-35.8

5%

20

15

-16

17

,96

5,4

93

,88

8$

0.6

02

11

0.9

75

31

1.5

77

42

-0.9

6%

20

16

-17

18

,32

4,8

03

,76

6$

0.6

10

17

0.9

75

45

1.5

85

63

0.5

2%

Fis

ca

l Y

ea

rT

ota

l E

xp

en

dit

ures

Percen

t

Inc/(

Dec)

Prop

erty

Ta

x L

ev

y

Percen

t

Inc/(

Dec)

Tax o

n a

$100,0

00 H

ou

se

20

12

-13

11

0,8

08

,57

4$

10

.30

%3

5,0

87

,23

7$

1.1

5%

$211.6

1

20

13

-14

13

1,2

36

,25

3$

18

.44

%4

1,7

70

,30

3$

19

.05

%$248.2

8

20

14

-15

13

0,9

38

,12

3$

-0.2

3%

27

,64

3,1

94

$

-33

.82

%$159.2

8

20

15

-16

12

9,7

25

,00

0$

-0.9

3%

28

,32

7,3

11

$

2.4

7%

$157.7

4

20

16

-17

12

5,1

58

,27

8$

-3.5

2%

29

,04

3,9

18

$

2.5

3%

$158.5

6

Gen

era

l

Fu

nd

Sp

ecia

l

Rev

en

ue -

Aid

ab

le

Fu

nd

s

Sp

ecia

l

Rev

en

ue -

Non

Aid

ab

le

Fu

nd

s

Ca

pit

al

Proje

cts

Fu

nd

Deb

t

Serv

ice

Fu

nd

Prop

rie

tary

Fu

nd

s

Fid

ucia

ry

Fu

nd

Tota

l

Tax

Lev

y11

,09

3,2

72

$

-

$

7

5,6

46

$

-$

17

,87

5,0

00

$

-$

-

$

29,0

43,9

18

$

Oth

er B

ud

get

ed R

even

ues

37

,89

6,5

21

2

,10

1,0

00

2

2,9

29

,28

8

3

25

,00

0

24

,000

7,7

40,8

50

-

71,0

16,6

59

Sub

tota

l48

,98

9,7

93

$

2

,10

1,0

00

$

2

3,0

04

,93

4$

32

5,0

00

$

17

,89

9,0

00

$

7,7

40,8

50

$

-

$

100,0

60,5

77

$

Budget

ed E

xp

end

itu

res

50

,18

2,4

64

2

,11

8,3

30

2

3,0

09

,73

4

2

3,5

48

,00

0

1

8,4

35

,000

7,8

64,7

50

-

125,1

58,2

78

Exce

ss o

f R

even

ues

Over

(1

,19

2,6

71

)$

(17

,33

0)

$

(4,8

00

)$

(2

3,2

23

,00

0)

$

(53

6,0

00

)$

(12

3,9

00

)$

-$

(25

,09

7,7

01)

$

Oper

atin

g T

ran

sfer

s(2

48

,00

0)

$

-$

-

$

-$

-$

248,0

00

$

-$

-$

Pro

ceed

s fr

om

Deb

t-

$

-

$

-

$

9,7

85

,00

0$

-

$

-

$

-

$

9,7

85,0

00

$

Deb

t R

efin

anci

ng

-

-

-

-

-

-

-

-

Pro

ceed

s fr

om

Sal

e o

f P

rop

erty

-

-

-

-

-

-

-

-

Est

. F

un

d B

alan

ce 7

/1/1

613

,86

2,3

09

2

6,5

80

44

7,0

43

16

,87

7,2

77

8

,29

7,0

24

4,2

00,6

75

-

43,7

10,9

08

Est

. F

un

d B

alan

ce 6

/30

/17

12

,42

1,6

38

$

9

,25

0$

44

2,2

43

$

3,4

39

,27

7$

7

,76

1,0

24

$

4,3

24,7

75

$

-

$

28,3

98,2

07

$

(3) F

isca

l yea

rs 2

01

3-1

5 r

epre

sen

t ac

tual

am

ou

nts

; 2

01

6 i

s p

roje

cted

; an

d 2

01

7 i

s th

e p

rop

ose

d b

ud

get

.

(2) O

per

atio

nal

mil

l ra

te r

efle

cts

a ch

ange

in W

isco

nsi

n S

tate

Sta

tute

s p

rovid

ing a

do

llar

fo

r d

oll

ar r

edu

ctio

n i

n p

rop

erty

tax

fu

nd

ing w

ith

an

incr

ease

in s

tate

aid

fundin

g.

(1) E

qual

ized

val

uat

ion

is

pro

ject

ed t

o i

ncr

ease

2.0

0%

in

fis

cal

yea

r 2

01

7. N

et n

ew c

on

stru

ctio

n p

roje

cted

to

in

crea

se 1

.40

% i

n f

isca

l yea

r 2017.

PR

OP

ER

TY

TA

X A

ND

EX

PE

ND

ITU

RE

HIS

TO

RY

(3)

BU

DG

ET

/FU

ND

BA

LA

NC

E S

UM

MA

RY

- A

LL

FU

ND

S

NO

TIC

E O

F P

UB

LIC

HE

AR

ING

Ju

ly 1

, 2

01

6 -

Ju

ne

30

, 2

01

7

A p

ubli

c h

eari

ng o

n t

he

pro

po

sed

fis

cal

yea

r 2

01

6-2

01

7 B

ud

get

fo

r th

e W

este

rn T

ech

nic

al C

oll

ege

Dis

tric

t w

ill

be

hel

d o

n J

un

e 2

1, 2

01

6, at

3:4

5 p

.m. in

Room

408 o

f th

e A

dm

inis

trat

ive

Cen

ter,

111 N

Sev

enth

Str

eet,

LaC

ross

e, W

I.

Th

e d

etai

led b

ud

get

is

avai

lab

le f

or

pu

bli

c in

spec

tio

n a

t th

e D

istr

ict

Ex

ecu

tive

Off

ices

.

June 21, 2016 56

2014-15(4)

Actual

2015-16(5)

Budget

2015-16(6)

Estimate

2016-17

Budget

REVENUES


State Aids 21,991,104 22,556,692 22,556,000 22,038,774

Program Fees 11,099,813 11,618,235 11,618,000 11,728,000

Material Fees 457,651 468,700 468,000 510,000


Institutional 604,163 595,400 595,000 646,899

Federal 2,657,858 2,193,589 2,193,000 1,884,253

Total Revenue 48,226,845$ 49,256,950$ 49,253,000$ 48,989,793$

EXPENDITURES

Instruction 30,118,742$ 31,144,117$ 31,139,000$ 31,096,608$




Physical Plant 4,579,500 4,874,856 4,874,000 4,463,341


Net Revenue (Expenditures) 193,710$ (1,389,929)$ (1,387,000)$ (1,192,671)$


Residual Equity Transfer in (Out) -$ -$ -$ -$


Total Resource (Uses) (172,579)$ (1,634,735)$ (1,612,000)$ (1,440,671)$

Designated for Post Employment Benefits (667,326)$ (780,000)$ (600,000)$ (488,000)$

Designated for Self Insurance (26,181) - (30,000) -



Total Transfers To (From) Fund Balance (172,579)$ (1,634,735)$ (1,612,000)$ (1,440,671)$

Beginning Fund Balance 15,646,888$ 15,474,309$ 15,474,309$ 13,862,309$


EXPENDITURES BY FUND

General Fund 48,033,135$ 50,646,879$ 50,640,000$ 50,182,464$

Special Revenue - Aidable Funds 1,941,976 2,100,300 1,994,000 2,118,330

Special Revenue - Non Aidable Funds 22,847,926 23,674,571 21,807,000 23,009,734

Capital Projects Fund 32,833,168 30,825,000 28,104,000 23,548,000


Enterprise Fund 5,522,564 4,904,677 4,753,000 5,053,750



Total Expenditures by Fund 130,938,123$ 134,720,427$ 129,725,000$ 125,158,278$

REVENUES BY FUND

General Fund 48,226,845$ 49,256,950$ 49,253,000$ 48,989,793$

Special Revenue - Aidable Funds 1,964,712 2,078,000 1,976,000 2,101,000

Special Revenue - Non Aidable Funds 22,773,505 23,543,241 21,811,000 23,004,934

Capital Projects Fund 484,427 367,000 354,000 325,000


Enterprise Fund 4,558,668 4,562,600 4,467,000 4,817,850



Total Revenue by Fund 98,291,956$ 100,315,791$ 97,846,000$ 100,060,577$

NOTICE OF PUBLIC HEARING

BUDGET SUMMARY - GENERAL FUND

Fiscal Year 2016-2017


(6) Estimate is based upon 10 months of actual and 2 months of estimated

(5) Budget as of May 31, 2016

(4) Actual is presented on a budgetary basis

June 21, 2016 57

Year

of

Tax

Lev

y

Lev

y

Year

2008

Note

s

2009

Note

s

2010

Note

s

2011

Note

s

2012

Note

s

2013

Note

s

2014

Note

s

2015

Note

s

2016

Note

s

2017

Note

s

Tota

l

Lev

y

2016-1

72017

134,6

88

1,0

95,1

72

1,0

74,4

20

1,3

16,2

53

1,7

14,8

91

6,1

86,2

13

1,9

68,6

05

2,7

25,0

50

2,1

53,3

29

72,0

64

18,4

40,6

84

2017-1

82018

130,0

00

1,0

85,7

00

1,0

70,0

96

1,3

18,2

81

1,2

03,9

25

6,1

83,3

13

1,9

79,1

30

1,6

06,3

50

1,6

60,1

38

1,4

55,9

50

17,6

92,8

82

2018-1

92019

372,0

88

1,0

76,9

83

1,3

14,1

74

1,2

06,8

25

5,5

93,7

13

1,9

82,2

05

1,6

04,4

75

1,5

65,6

63

939,2

00

15,6

55,3

24

2019-2

02020

193,6

25

1,3

07,3

00

1,2

09,3

25

6,3

12,1

88

1,1

93,6

80

1,6

02,0

00

1,5

65,9

50

927,3

50

14,3

11,4

17

2020-2

12021

646,9

39

1,2

01,1

25

7,5

20,0

75

1,2

03,0

80

1,6

06,7

75

1,1

82,0

75

921,7

25

14,2

81,7

94

2021-2

22022

(21,6

30)

815,8

88

7,5

10,3

81

1,1

95,0

05

1,6

05,6

00

573,9

00

345,7

75

12,0

24,9

19

2022-2

32023

259,0

00

7,1

22,7

00

1,1

91,1

90

582,0

00

564,1

25

348,1

00

10,0

67,1

15

2023-2

42024

(31,0

00)

6,8

50,8

50

984,5

50

585,5

00

578,0

75

344,4

75

9,3

12,4

50

2024-2

52025

6,8

50,5

50

578,5

50

571,5

75

344,8

75

8,3

45,5

50

2025-2

62026

6,8

47,7

50

389,1

25

344,9

75

7,5

81,8

50

2026-2

72027

6,8

48,1

00

167,4

75

7,0

15,5

75

2027-2

82028

6,8

52,6

25

6,8

52,6

25

2028-2

92029

6,8

52,5

00

6,8

52,5

00

2029-3

02030

6,8

53,2

50

6,8

53,2

50

2030-3

12031

6,8

51,0

00

6,8

51,0

00

2031-3

22032

6,8

52,9

00

6,8

52,9

00

2032-3

32033

6,8

54,4

00

6,8

54,4

00

264,6

88

2,5

52,9

60

3,4

15,1

23

5,8

81,3

16

7,5

79,9

79

114,9

42,5

06

11,6

97,4

45

12,4

96,3

00

10,8

03,9

54

6,2

11,9

64

175,8

46,2

34

*

*In

cludes

$10,8

76,0

18 e

stim

ated

for

inte

rest

and p

rinci

pal

on $

9,7

85,0

00 o

f pro

mis

sory

note

s th

e D

istr

ict

pla

ns

to i

ssue

in F

isca

l Y

ear

2016-1

7 f

or

the

purc

has

e of

oper

atio

nal

equip

men

t, r

emodel

ing o

f fa

cili

ties

, si

te i

mpro

vem

ents

, an

d p

roper

ty a

cquis

itio

n.

PR

INC

IPA

L A

ND

IN

TE

RE

ST

TA

X L

EV

Y F

OR

DE

BT

SE

RV

ICE

OB

LIG

AT

ION

S

June 21, 2016 58

Cou

nty

2015

Valu

ati

on

20

16

Valu

ati

on

*

Valu

ati

on

*

Incr

ease

(Dec

rease

)

2015

Sh

are

of

Tota

l T

ax

2016

Sh

are

of

Tota

l T

ax**

2015

Tax

2016

Tax**

2016

Tax I

ncr

ease

(Dec

rease

)**

Buff

alo

464,2

55,0

64

473,5

40,1

65

9,2

85,1

01

2.5

8%

2.5

8%

732,0

20

750,5

38

18,5

18

Cla

rk6,8

00,7

66

6,9

36,7

81

136,0

15

0.0

4%

0.0

4%

10,7

23

10,9

94

271

Cra

wfo

rd80,9

19,4

83

82,5

37,8

73

1,6

18,3

90

0.4

5%

0.4

5%

127,5

91

130,8

18

3,2

28

Jack

son

1,2

40,5

64,7

62

1,2

65,3

76,0

57

24,8

11,2

95

6.9

1%

6.9

1%

1,9

56,0

76

2,0

05,5

59

49,4

84

Junea

u1,6

07,7

08,3

28

1,6

39,8

62,4

95

32,1

54,1

67

8.9

5%

8.9

5%

2,5

34,9

74

2,5

99,1

02

64,1

28

La

Cro

sse

8,4

08,2

67,3

00

8,5

76,4

32,6

46

168,1

65,3

46

46.8

0%

46.8

0%

13,2

57,8

38

13,5

93,2

26

335,3

89

Monro

e2,9

14,5

66,4

00

2,9

72,8

57,7

28

58,2

91,3

28

16.2

2%

16.2

2%

4,5

95,5

78

4,7

11,8

34

116,2

56

Ric

hla

nd

11,5

81,1

11

11,8

12,7

33

231,6

22

0.0

6%

0.0

6%

18,2

61

18,7

23

462

Sau

k1,7

36,5

99

1,7

71,3

31

34,7

32

0.0

1%

0.0

1%

2,7

38

2,8

07

69

Tre

mpea

leau

1,5

52,0

01,1

82

1,5

83,0

41,2

06

31,0

40,0

24

8.6

4%

8.6

4%

2,4

47,1

37

2,5

09,0

43

61,9

06

Ver

non

1,6

77,0

92,8

93

1,7

10,6

34,7

51

33,5

41,8

58

9.3

4%

9.3

4%

2,6

44,3

77

2,7

11,2

72

66,8

96

Tota

ls17,9

65,4

93,8

88

18,3

24,8

03,7

66

359,3

09,8

78

100.0

0%

100.0

0%

28,3

27,3

11

29,0

43,9

18

716,6

07

TO

TA

L T

AX

LE

VY

CO

MP

AR

ISO

NS

*B

ased

on e

stim

ated

Dis

tric

twid

e eq

ual

ized

val

uat

ion i

ncr

ease

of

2.0

0%

**E

stim

ated

June 21, 2016 59

County

2015

Valuation

Share of

Total Tax

Share of

District

Population**

Share of

District

Enrollment

Buffalo $464,255,064 2.58% 2.52% 1.26%

Jackson 1,240,564,762 6.91% 6.75% 7.07%

Juneau 1,607,708,328 8.95% 9.86% 6.79%

La Crosse 8,408,267,300 46.80% 43.08% 47.06%

Monroe 2,914,566,400 16.22% 16.74% 17.20%

Trempealeau 1,552,001,182 8.64% 8.76% 9.14%

Vernon 1,677,092,893 9.34% 10.98% 9.16%

Other District Counties 101,037,959 0.56% 1.30% 2.32%

Totals $17,965,493,888 100.00% 100.00% 100.00%

COMPARISON OF

VALUATION, TAX SHARE, POPULATION

AND STUDENT ENROLLMENT

** Based on Wisconsin Department of Administration (DOA) Final Population

Estimates for 2015.

June 21, 2016 60

Students FTE's Students FTE's Students FTE's Students FTE's Students FTE's

Description

Summer (Credit) 1,506 232 1,361 211 1,418 214 1,239 188 1,625 315

Fall (Credit) 5,796 1,760 5,479 1,659 5,306 1,621 4,877 1,485 4,610 1,402

Spring (Credit) 5,403 1,647 5,107 1,541 4,940 1,486 4,292 1,305 4,275 1,307

Summer (Non-Credit) 2,637 66 2,309 53 1,822 47 1,704 46 1,773 53

Fall (Non-Credit) 4,956 208 4,757 196 3,889 177 3,095 139 2,139 111

Spring (Non-Credit) 5,586 208 5,277 195 4,201 165 2,800 126 2,642 121

Credit Summary 7,609 3,638 7,258 3,411 6,961 3,322 6,238 2,978 6,112 3,023

Non-Credit Summary 11,008 482 10,199 444 8,520 388 6,646 311 5,392 286

Fiscal Year Summary 16,843 4,121 15,916 3,854 14,109 3,710 11,857 3,289 10,613 3,309

Students FTE's Students FTE's Students FTE's Students FTE's Students FTE's

Description

Associate Degree 6,322 3,035 6,018 2,758 5,778 2,661 5,259 2,353 5,070 2,353

College Parallel 766 175 973 268 972 265 937 256 990 271

Short-Term Technical 991 113 924 106 775 97 606 78 605 91

One-Year Technical 884 206 799 174 792 186 635 190 738 202

Two-Year Technical 173 95 152 91 160 97 115 83 113 84

Basic Skills Education 2,593 314 2,348 296 2,250 271 1,876 214 1,718 197

Adult Secondary Education 117 26 170 24 211 30 213 26 208 29

General Adult 1,791 30 1,535 27 1,344 22 1,113 18 918 17

Occupational Adult 5,946 96 5,711 83 4,464 55 3,306 45 2,742 44

Apprentice 119 16 106 14 120 15 140 18 150 22

Adult Avocational 1,319 17 963 13 721 11 441 8 - -

Fiscal Year Summary 16,843 4,121 15,916 3,854 14,109 3,710 11,857 3,289 10,613 3,309

Fiscal Year 2014

Enrollment Headcount and FTE

Fiscal Year 2015

Fiscal Year 2015

Aid Code Summary

Fiscal 2011 Thru 2015 Analysis

Summary

Fiscal Year 2013

Fiscal Year 2013Fiscal Year 2011

Fiscal Year 2011 Fiscal Year 2012

Fiscal Year 2012

Fiscal Year 2014

June 21, 2016 61

2015-16

Estimated

2016-17

Budgeted

2017-18

Forecasted

Associate Degree 2,352 2,410 2,449

Technical Diploma 400 400 400

Adult 63 63 63

Basic Skills 230 230 233

Community Services - - -

College Transfer 275 275 275

Total 3,320 3,378 3,420

FULL TIME EQUIVALENT

Enrollment Projections

A full-time equivalent (FTE) student is a method of calculating the number of persons, including

those who are part-time, into a full-time number. The derived figure is based on a mathematical

formula. Thirty (30) semester credits per year generate an FTE student.

By Level

4,121

3,854 3,710

3,289 3,309 3,320 3,378 3,420

3,200 3,300 3,400 3,500 3,600 3,700 3,800 3,900 4,000 4,100 4,200

20

10

-11

20

11

-12

20

12

-20

13

20

13

-20

14

20

14

-20

15

20

15

-16

Est

imat

ed

20

16

-17

Bu

dge

ted

20

17

-18

Fo

reca

ste

d

Western Technical CollegeStudent FTEs Enrollment Comparison

June 21, 2016 62

Continuing Grant Awards

Proposal TitleFunding Source

Grant Funds Awarded

Western Share

Adult Education - Comprehensive Services AEFL $ 581,111 $ 374,300 Integrated English Literacy/Civic Ed Services to LEP Populations AEFL $ 8,353 $ - La Crosse County Law Enforcement Center* AEFL $ 63,147 $ 15,787 Center for Excellence in Teaching and Learning State Grants $ 57,257 $ - Non-Traditional Occupations Perkins $ 18,957 $ - Student Success Perkins $ 739,048 $ 454,700 Strengthening Programs Perkins $ 75,826 $ - Career Prep Perkins $ 40,882 $ - Increasing Retention and GPA of Continuing Student Veterans Perkins $ 50,000 $ - Title III / Pathway to 2020¹ ED $ 433,023 $ - PROVEN to Work² ED $ 339,583 $ - INTERFACE / TAA Consortium Grant³ DOL $ 245,832 $ - ACT for Healthcare / TAA Consortium Grant with Career Pathway funding⁴ DOL $ 308,579 $ - WI Fast Forward/Blueprint for Prosperity⁵ DWD $ 270,608 $ - Farm Business Management Education and Benchmarking⁶ USDA $ 20,193 $ - Farm Business Management Education and Benchmarking⁷ USDA $ 11,284 $ - YoungStar⁸ WCWPDS $ 53,342 $ -

New Grant Awards

Proposal TitleFunding Source

Grant Funds Awarded

Western Share

Updating Electromechanical Offerings in Response to Industry Demand State Grants $ 462,011 $ - Developing a Business Analyst Program State Grants $ 156,695 $ - Workforce Advancement Training Grants Awards Pending: State Grants $ 231,447 $ -

*Western Share provided by La Crosse County ¹Multiyear grant with total grant amount of $1,994,365²Multiyear grant with total grant amount of $999,667³Multiyear grant with total grant amount of $1,083,240⁴Multiyear grant with total grant amount of $882,609⁵Multiyear grant with total grant amount of $1,523,600⁶Multiyear grant with total grant amount of $80,772⁷Multiyear grant with total grant amount of $45,134⁸Multiyear grant with total grant amount of $231,150

PROJECTED GRANTS DATA 2016-2017 2015-16 Net Revenue $4,477,557 Projected 2016-17 Net Revenue $3,338,178

June 21, 2016 63

GR

AN

TS

DA

TA

FU

ND

ING

SO

UR

CE

S

AA

CC

A

mer

ican

Ass

ocia

tion

of C

omm

unity

Col

lege

s L

CH

S

La C

ross

e C

ount

y H

uman

Ser

vice

s A

AW

A

mer

ican

Ass

ocia

tion

of W

oodt

urne

rs

LIC

C

Leag

ue fo

r Inn

ovat

ion

in th

e C

omm

unity

Col

lege

A

EA

A

dult

Educ

atio

n A

ct &

Oth

er L

itera

cy P

roje

cts

NS

F

Nat

iona

l Sci

ence

Fou

ndat

ion

AE

FL

A

dult

Educ

atio

n &

Fam

ily L

itera

cy

NS

RP

H

Nat

iona

l Sch

ool o

f Rur

al P

ublic

Hea

lth

AH

EC

A

rea

Hea

lth E

duca

tion

Cen

ter

NT

IA

Nat

iona

l Tel

ecom

mun

icat

ions

& In

form

atio

n A

dmin

istra

tion

CB

JT

Com

mun

ity-B

ased

Job

Trai

ning

N

WM

OC

N

orth

wes

t Man

ufac

turin

g O

utre

ach

Cen

ter

CD

BG

C

omm

unity

Dev

elop

men

t Blo

ck G

rant

O

JA

Off

ice

of Ju

stic

e A

ssis

tanc

e D

OA

W

isco

nsin

Dep

artm

ent o

f Adm

inis

tratio

n P

erk

ins

Voc

atio

nal a

nd T

echn

ical

Edu

catio

n A

ct

DO

C

US

Dep

artm

ent o

f Com

mer

ce

Sta

te G

rant

s W

isco

nsin

Sta

te G

rant

Fun

ds

DO

E

US

Dep

artm

ent o

f Ene

rgy

ST

W

Scho

ol to

Wor

k D

OJ

US

Dep

artm

ent o

f Jus

tice

SW

-AH

EC

So

uthw

est W

isco

nsin

-Are

a H

ealth

Edu

catio

n C

ente

r D

OL

U

S D

epar

tmen

t of L

abor

T

AN

F

Tem

pora

ry A

ssis

tanc

e fo

r Nee

dy F

amili

es

DO

T

Wis

cons

in D

epar

tmen

t of T

rans

porta

tion

US

DA

U

nite

d St

ates

Dep

artm

ent o

f Agr

icul

ture

D

PI

Wis

cons

in D

epar

tmen

t of P

ublic

Inst

ruct

ion

WA

T

Wor

kfor

ce A

dvan

cem

ent T

rain

ing

DV

R

Dep

artm

ent o

f Voc

atio

nal R

ehab

ilita

tion

WC

W

orkf

orce

Con

nect

ions

D

WD

W

isco

nsin

Dep

artm

ent o

f Wor

kfor

ce D

evel

opm

ent

WC

WP

DS

W

I Chi

ld W

elfa

re P

rofe

ssio

nal D

evel

opm

ent S

yste

m-U

WM

E

D

US

Dep

artm

ent o

f Edu

catio

n W

DB

W

este

rn W

isco

nsin

Wor

kfor

ce D

evel

opm

ent B

oard

E

DA

U

S Ec

onom

ic D

evel

opm

ent A

dmin

istra

tion

WD

HS

W

isco

nsin

Dep

artm

ent o

f Hea

lth S

ervi

ces

ET

A

Empl

oym

ent &

Tra

inin

g A

dmin

istra

tion

W

EC

B

Wis

cons

in E

duca

tiona

l Com

mun

icat

ions

Boa

rd

FIP

SE

Fu

nd fo

r Im

prov

ing

Post

seco

ndar

y Ed

ucat

ion

WF

GL

W

omen

’s F

und

of G

reat

er L

a C

ross

e F

MC

S

Fede

ral M

edia

tion

& C

onci

liatio

n Se

rvic

e W

OE

I W

isco

nsin

Off

ice

of E

nerg

y In

depe

nden

ce

HH

S U

S D

epar

tmen

t of H

ealth

& H

uman

Ser

vice

s W

IA

Wor

kfor

ce In

vest

men

t Act

H

UD

U

S D

epar

tmen

t of H

ousi

ng a

nd U

rban

Dev

elop

men

t W

PF

HF

W

isco

nsin

Par

tner

ship

Fun

d fo

r a H

ealth

y Fu

ture

L

CC

F

La

Cro

sse

Com

mun

ity F

ound

atio

n W

TC

S

Wis

cons

in T

echn

ical

Col

lege

Sys

tem

June 21, 2016 64

Program Offerings 2016-2017

Business

Associate in Applied Science Certificates Accounting Computerized Accounting Administrative Professional Customer Service Business Analyst Database Basics and Beyond Business Management Desktop Publishing Financial Services Entrepreneurship Digital Media Production Frontline Services Graphic Design Health Office Assistant Human Resource Management Human Resources IT – Computer Support Specialist Leadership Essentials IT – Network Systems Administration Marketing IT – Web & Software Developer Microsoft Office Advanced Marketing Microsoft Office Basic Medical Administrative Professional OSHA Paralegal Soft Skills Sales Management Web Design Supervisory Management Technical Diploma (1 year) Accounting Assistant Business Requirements Specialist Entrepreneurship Financial Services Representative Health Office Professional IT – Computer Support Technician IT – Network Systems Technician Leadership and Supervision Professional Office Support Specialist Sales Representative

General Studies Associate in Applied Science in Liberal Arts

Health and Public Safety

Associate in Applied Science Technical Diploma (less than 1 year) Criminal Justice Central Service Technician Early Childhood Education Gerontology Fire Protection Technician Foundations of Teacher Education Technical Diploma (1 year) Health Information Technology Human Services Associate Dental Assistant Medical Laboratory Technician Emergency Medical Technician - Paramedic Nursing – Associate Degree Medical Assistant Occupational Therapy Assistant Pharmacy Technician - (shared with Lakeshore Technical College) Paramedic Technician Practical Nursing Physical Therapist Assistant Radiography Technical Diploma (more than 1 year) Respiratory Therapist Educational Assistant Surgical Technology Medical Coding Specialist

June 21, 2016 65

Certificates Advanced Emergency Medical Technician Criminal Justice-Law Enforcement Academy Early Childhood Administrator Credential Early Childhood Pre School Credential Emergency Medical Technician Basic Nursing Assistant Personal Care Worker Phlebotomy Youngstar

Integrated Technologies Associate in Applied Science Technical Diploma (less than 1 year) Agri-Business Science Automotive Maintenance & Light Repair Lvl 1 Air Conditioning, Heating and Refrigeration Automotive Maintenance & Light Repair Lvl 2 Architectural Technology Basic Industrial Power Bio-Medical Electronics Basic Machining Building Science and Energy Mgt. Basic Welding Culinary Management Electrical & Computer Engineering Technology - CET Technical Diploma (1 year) Electrical & Computer Engineering Technology - EET CAD Technician Electromechanical Technology Diesel & Heavy Equipment Technician Assistant Landscape Horticulture Electromechanical Maintenance Mechanical Design Technology Electronic Systems Installation & Maintenance - IEM Technical Studies – Journey Worker Food Production Specialist Industrial Mechanical Maintenance Technician Certificates Landscape Technician Animal Science Refrigeration, Air Conditioning, & Heating Technician Catering Welding CNC Operator CNC Programmer Technical Diploma (more than 1 year) CNC Setup Automotive Technician Commercial Baking Diesel & Heavy Equipment Technician Dietary Manager/Food Service Supervisor Farm Business and Production Management Horticultural Plant Health Care Manufacturing Systems Maintenance Technician Hospitality Events Manager Machine Tool Operation Intro to Electricity and Industrial Controls Wood Tech Leadership in Manufacturing

Human Factors – Leadership in Manufacturing Operations – Leadership in Manufacturing

LEAN Essentials Mechanical Maintenance Programmable Logic Control Quantity Food Production Renewable Energy Roofing/Framing Skills Team Leadership in Manufacturing Weatherization/Residential Building Skills Welding Skills

June 21, 2016 66

PROGRAM OFFERINGS 2016-17 Budget Year

LEARNER SUPPORT AND TRANSITION DIVISION GOAL (Goal-Oriented Adult Learning) – The Learner Support & Transition Division provides a broad range of basic educational programs for both adults and youth. Through the GOAL Program, the Division offers five major areas of instruction and a variety of specialized services supporting unique student populations which include:

Adult Basic Education (ABE) – Basic literacy services, writing, computation and computer skills at all levels.

Developmental Studies – Instruction designed to meet student course or skill deficiencies prior to entry into technical training programs, i.e. Developmental Communications (writing), Developmental Math, Developmental Reading/Study Skills, Developmental Biology and Developmental Chemistry.

High School Credential – All programs that lead to a GED Certificate, High School Equivalency Diploma (HSED) or a regular high school diploma.

Workforce Education – On-site coursework and instruction supporting and promoting the enhancement of workforce skills and overall job performance.

English Language Learners (ELL) – Instruction designed to assist individuals whose primary language is other than English and who need to learn to read, write and communicate in English.

Day and evening classes are offered at eight District locations, including the Western campuses of Black River Falls, Independence, Mauston, Tomah, and Viroqua and at the Sparta GED Center. The total number of students’ enrolled in GOAL program classes in 2014-15 was 1,850.

June 21, 2016 67

of

Programs/Career Pathways at Western Technical Col lege’s Regional Locations

Black River Falls24 Fillmore StreetBlack River Falls, WI 54615715.284.2253

Independence36084 Walnut StreetIndependence, WI 54747715.985.3392 westerntc.edu/locations

Mauston1000 College AvenueMauston, WI 53948608.847.7364

Tomah120 East Milwaukee StreetTomah, WI 54660608.374.7700

Viroqua220 South MainViroqua, WI 54665608.637.2612

68

marxh

Typewritten Text

2016-2017

Wes

tern

Sta

te o

f W

isco

nsi

nW

este

rn

Sta

te o

f W

isco

nsi

nW

este

rn

Sta

te o

f W

isco

nsi

nW

este

rn

Sta

te o

f W

isco

nsi

nW

este

rn

Sta

te o

f W

isco

nsi

n

Num

ber o

f Gra

duat

es1,

446

27,1

86

1,

416

27,3

13

1,

411

26,7

00

1,

329

25,8

45

1,

331

25,7

84

Empl

oyed

in R

elat

ed O

ccup

atio

n73

%71

%85

%73

%85

%74

%87

%76

%80

%78

%

Seek

ing

Empl

oym

ent

7%12

%9%

12%

7%11

%5%

8%6%

7%

Med

ian

Ann

ual S

alar

y31

,616

$

31,8

22$

33

,290

$

32,6

51$

33

,926

$

33,8

44$

33

,717

$

35,0

00$

33

,439

$

36,2

52$

Empl

oyed

in D

istri

ct75

%63

%78

%67

%76

%65

%80

%71

%76

%70

%

Empl

oyed

in W

isco

nsin

but

not

in D

istri

ct10

%23

%11

%26

%11

%26

%11

%22

%9%

22%

Empl

oyed

Out

of S

tate

15%

6%12

%7%

13%

9%9%

7%15

%8%

Con

tinue

d Ed

ucat

ion

31%

18%

29%

16%

34%

18%

38%

22%

36%

24%

Satis

fact

ion

With

Tra

inin

g99

%97

%97

%97

%98

%97

%98

%97

%98

%97

%

Rea

son

for

Att

end

ing

Wes

tern

Prep

are

to G

et a

Job

42%

36%

44%

34%

43%

35%

44%

34%

48%

33%

Car

eer C

hang

e24

%23

%27

%24

%23

%23

%22

%21

%19

%19

%Im

prov

e Ex

istin

g Sk

ills

9%9%

10%

9%9%

9%7%

8%8%

8%Pr

epar

e fo

r Fur

ther

Edu

catio

n18

%19

%13

%18

%18

%18

%19

%19

%18

%18

%Pe

rson

al In

tere

st5%

5%3%

5%5%

5%5%

5%4%

5%O

ther

3%8%

3%9%

2%12

%3%

13%

3%16

%

2015

Gra

du

ates

Com

par

ativ

e T

ren

d I

nfo

rmat

ion

Six

Mon

th G

rad

uat

ion

Fol

low

-Up

2014

Gra

du

ates

2011

Gra

du

ates

2012

Gra

du

ates

2013

Gra

du

ates

June 21, 2016 69

the affordable path to a great career and a better life - 6 7 budget · 2017. 1. 25. · tomah, wi...

Documents