Madison City Schools Budget. FY 2017 Proposed Budget 1 st Public Hearing August 4, 2016

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1 Madison City Schools 2017 Budget FY 2017 Proposed Budget 1 st Public Hearing August 4, 2016

2 Empowering Students for Global Success 2

3 Budget Process State mandated process designed to develop a tool for the school system to use in order to provide an overall plan for the use of financial resources that will best serve the needs of the student body and encourage the concept of site based management. Each Board of Education is required to: (1)Hold at least two open public hearings; (2)Conduct hearing during a regular Board meeting; (3)Conduct hearing at a convenient time and place; and (4)Publicize the date and time of the hearings. 3

4 Budget Process (continued) Purpose of Hearings Enhance Planning Process Accountability/Transparency Inform Community Provide a Forum for Public Input Foster Public Support for School System Basis of Budgeting All anticipated revenues from State, Federal and Local sources are included Conservative revenue estimates have been used on local sources Resources have been assigned to various programs to best serve the needs of students Madison City Schools 2017 Budget Objectives Maintain pupil/teacher ratios Control expenses Identify/Justify Requirements Maintain adequate fund reserves Key Factors Affecting Budget Instructional Needs Enrollment Personnel Costs State Funding Federal Budget Constraints Local Revenue Projections Facilities Capital Planning 4

5 Budget Highlights System Average Daily Membership (ADM) increased by to 9, Funded Teacher Units increased by to Classroom Instructional Support Classroom Student Materials (Teacher Money) $405.45/unit Technology $169.34/unit Library Enhancement $21.26/unit Professional Development $63.79/unit Textbooks-$54.07/ADM ($280,794 budget). Allocated $535,721 of which $254,927 - FY 2016 ETF (Foundation Program) increased by $3,384,177 to 47,634,652 ETF Per Student increased by $ Other Current Expense increased by $753,896 to $10,471,370 Transportation Increased by $141,126 to 2,689,623 State funded 82.8% of the program 10 Mill Chargeback Increased by $324,290 to $6,514,450 5

6 Budget Highlights (Continued) Revenue losses required Budget Cuts of $1.5 million (Elementary and Central Office Personnel, Incentives, Supplements and Central Office Departmental Funds). 4% Pay raise for all employees. PEEHIP Hospital and Medical Increased by $240 per employee per year to $9,600. Employee s share of PEEHIP Medical increased as follows: Single increased to $30. Family increase to: Family w/o spouse $207 Family w/ spouse $307 Grade Divisors change as follows: Grade 7-8 Decreased from to Grade 9-12 Decreased from to

7 MCS Student Population ,000 10,000 JCHS BJHS Renovation Loss of Madison County Tax Revenue 8,000 Stadium Central Office Madison Renovation Columbia BJHS Addition W. Madison Renovation 6,000 Heritage Rainbow School District Started Discovery Renovation Mill Creek Transportation Pre-K MES Renovation 4,000 BJHS Heritage Addition 2,

8 Enrollment by School School 2017 Projected Enrollment As of 8/4/2016 Difference Bob Jones 1,760 1,736 (24) James Clemens 1,797 1,798 1 Discovery (2) Liberty Heritage Rainbow (7) Columbia Horizon Madison Mill Creek (11) West Madison (11) Central Office Total 10,158 10,132 (26) *Budget built by using FY 2017 Projected ADM 8

9 Breakdown of teaching units by Source of Fund Foundation Program Funds Other State Sources Federal Funds Local Funds Teacher Units 9

10 FTE Student Teacher Ratios FY Madison Vestavia Hills Size of City 46,962 34,174 Number of Students 9,554 6,762 Poverty Levels Number of Teachers FTE Student Teacher Ratios FY Median value of housing unit 231, ,000 Households 16,583 13,637 High School Graduates 95.70% 97.80% Bachelor's degree or higher 55.20% 67.10% Median House Hold Income $92,965 $81,352 If Madison City were to increase its number of Teachers to Student to the level of Vestavia Hills. Take 9,554 / = Take the = teacher units needed to achieve a 16 Student/Teacher ratio as opposed to a 18 FTE Take the X $70,000 = $4,755,800 0r the equivalent of 7.3 mills of property tax. 10

11 Madison City Schools Budget EXHIBIT B-I-A GOVERNMENTAL FIDUCIARY FUND TYPES SPECIAL DEBT CAPITAL EXPENDABLE TOTAL DESCRIPTION GENERAL REVENUE SERVICE PROJECTS TRUST (Memo Only) REVENUES STATE REVENUES 52,538, ,750, ,431, , ,124, FEDERAL REVENUES 310, ,091, ,401, LOCAL REVENUES 29,378, ,215, ,237, , ,839, ,676, OTHER REVENUES 366, , , TOTAL REVENUES 82,594, ,204, ,669, , ,839, ,716, EXPENDITURES: INSTRUCTIONAL SERVICES 48,042, ,102, , ,647, INSTRUCTIONAL SUPPORT SERVICES 13,836, ,218, , ,978, OPERATIONS & MAINTENANCE 8,396, , , , ,027, AUXILIARY SERVICES 3,499, ,594, , , ,697, GENERAL ADMINISTRATIVE SERVICES 3,029, , ,075, CAPITAL OUTLAY 7, ,000, ,007, DEBT SERVICES ,991, ,991, OTHER EXPENDITURES 1,031, ,121, , ,284, TOTAL EXPENDITURES 77,843, ,682, ,991, ,514, ,678, ,710, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 353, ,052, ,559, , , ,509, OTHER FUND USES 4,988, ,419, ,703, , , ,656, TOTAL OTHER FUND SOURCES (USES) (4,634,680.36) 1,632, ,856, , (148,410.00) 853, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 116, ,155, , (2,958,274.16) 12, (1,140,503.95) BEGINNING FUND BALANCE - OCT 1 9,198, ,953, ,124, ,460, , ,445, ENDING FUND BALANCE - SEPT 30 9,314, ,108, ,658, ,501, , ,304, Operating Days of Fund Balance

12 Total Budget FUND TYPES TOTAL DESCRIPTION REVENUES STATE REVENUES 59,124, FEDERAL REVENUES 5,401, LOCAL REVENUES 42,676, LOCAL OTHER REVENUES 515, REVENUES TOTAL REVENUES 107,716, % EXPENDITURES: INSTRUCTIONAL SERVICES 55,647, INSTRUCTIONAL SUPPORT SERVICES 17,978, OPERATIONS & MAINTENANCE 9,027, AUXILIARY SERVICES 9,697, GENERAL ADMINISTRATIVE SERVICES 3,075, CAPITAL OUTLAY 3,007, DEBT SERVICES 8,991, OTHER EXPENDITURES 2,284, TOTAL EXPENDITURES 109,710, OTHER REVENUES 9.33% OTHER FUND SOURCES (USES): OTHER FUND SOURCES 10,509, OTHER FUND USES 9,656, TOTAL OTHER FUND SOURCES (USES) 853, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES (1,140,503.95) BEGINNING FUND BALANCE - OCT 1 42,445, ENDING FUND BALANCE - SEPT 30 41,304, FEDERAL REVENUES 4.57% STATE REVENUES 50.00% 12

13 Madison City Schools Budget EXHIBIT B-I-A GOVERNMENTAL FIDUCIARY FUND TYPES SPECIAL DEBT CAPITAL EXPENDABLE TOTAL DESCRIPTION GENERAL REVENUE SERVICE PROJECTS TRUST (Memo Only) REVENUES STATE REVENUES 52,538, ,750, ,431, , ,124, FEDERAL REVENUES 310, ,091, ,401, LOCAL REVENUES 29,378, ,215, ,237, , ,839, ,676, OTHER REVENUES 366, , , TOTAL REVENUES 82,594, ,204, ,669, , ,839, ,716, EXPENDITURES: INSTRUCTIONAL SERVICES 48,042, ,102, , ,647, INSTRUCTIONAL SUPPORT SERVICES 13,836, ,218, , ,978, OPERATIONS & MAINTENANCE 8,396, , , , ,027, AUXILIARY SERVICES 3,499, ,594, , , ,697, GENERAL ADMINISTRATIVE SERVICES 3,029, , ,075, CAPITAL OUTLAY 7, ,000, ,007, DEBT SERVICES ,991, ,991, OTHER EXPENDITURES 1,031, ,121, , ,284, TOTAL EXPENDITURES 77,843, ,682, ,991, ,514, ,678, ,710, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 353, ,052, ,559, , , ,509, OTHER FUND USES 4,988, ,419, ,703, , , ,656, TOTAL OTHER FUND SOURCES (USES) (4,634,680.36) 1,632, ,856, , (148,410.00) 853, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 116, ,155, , (2,958,274.16) 12, (1,140,503.95) BEGINNING FUND BALANCE - OCT 1 9,198, ,953, ,124, ,460, , ,445, ENDING FUND BALANCE - SEPT 30 9,314, ,108, ,658, ,501, , ,304,

14 FUND TYPES DESCRIPTION GENERAL REVENUES STATE REVENUES 52,538, FEDERAL REVENUES 310, LOCAL REVENUES 29,378, OTHER REVENUES 366, TOTAL REVENUES 82,594, General Fund Revenues LOCAL REVENUES 35.42% OTHER FUND SOURCES 0.87% All Revenues EXPENDITURES: INSTRUCTIONAL SERVICES 48,042, INSTRUCTIONAL SUPPORT SERVICES 13,836, OPERATIONS & MAINTENANCE 8,396, AUXILIARY SERVICES 3,499, GENERAL ADMINISTRATIVE SERVICES 3,029, CAPITAL OUTLAY 7, DEBT SERVICES 0.00 OTHER EXPENDITURES 1,031, TOTAL EXPENDITURES 77,843, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 353, OTHER FUND USES 4,988, TOTAL OTHER FUND SOURCES (USES) (4,634,680.36) FEDERAL REVENUES 0.37% 11 Mill City Ad Val. Tax 25.41% TVA In Lieu 6.39% 9.0 Mill - Triana.38% Other 2.45% Local Revenues One-Half Cent Sales Tax 15.57% STATE REVENUES 63.34% One Cent Sales T 11.30% EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 116, BEGINNING FUND BALANCE - OCT 1 9,198, ENDING FUND BALANCE - SEPT 30 9,314, Mill District Ad. Val. Tax 3.22% 6.5 Mill District Ad. Val. Tax 13.31% 5.5 Mill County-Wide Ad Val. Tax 13.64% 4.0 Mill Distr Ad. Val. Tax 8.32% 14

15 General Fund Local Revenues Revenue 2017 Budget Amount % of Change One-Half Cent Sales Tax $ 4,573, % One Cent Sales Tax $ 3,319, % 4.0 Mill District Ad. Val. Tax $ 2,445, % 5.5 Mill County-Wide Ad Val. Tax $ 4,006, % 6.5 Mill District Ad. Val. Tax $ 3,911, % 10.5 Mill District Ad. Val. Tax $ 946, % 11 Mill City Ad Val. Tax $ 7,465, % 9 Mill Ad Val. Triana $ 111, % TVA In Lieu $ 1,877, % Other $ 720, % GENERAL FUND TOTAL $ 29,378, % *Madison City One Half Cent Sales Tax $ 3,234, % *Revenue is recorded in Debt Service Fund 15

16 FUND TYPES DESCRIPTION GENERAL REVENUES STATE REVENUES FEDERAL REVENUES 52,538, , LOCAL REVENUES 29,378, OTHER REVENUES 366, TOTAL REVENUES 82,594, EXPENDITURES: INSTRUCTIONAL SERVICES 48,042, INSTRUCTIONAL SUPPORT SERVICES 13,836, OPERATIONS & MAINTENANCE 8,396, AUXILIARY SERVICES 3,499, GENERAL ADMINISTRATIVE SERVICES 3,029, CAPITAL OUTLAY 7, DEBT SERVICES 0.00 OTHER EXPENDITURES 1,031, TOTAL EXPENDITURES 77,843, OTHER FUND SOURCES (USES): OTHER FUND SOURCES OTHER FUND USES General Fund Expenditures 353, ,988, TOTAL OTHER FUND SOURCES (USES) (4,634,680.36) Transportation 4.22% Administrative 3.66% Operations/Maintenanc e 10.14% Other General Fund Expenditures 18.27% Transfer CNP ( Lunchroom Program) 1.57% Debt Service 4.23% Other 1.48% All Expenditures Instruction/Instruc tional Support 74.70% Salary and Benefit Expenses EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 116, BEGINNING FUND BALANCE - OCT 1 9,198, Salary and Benefit Expenditures 81.73% ENDING FUND BALANCE - SEPT 30 9,314,

17 Per-Pupil Expenditures in Alabama School Districts FY 2015 State Average MCS 9, Average 9, Min 7, Max 12,

18 Per Pupil Expenditures Mountain Brook City* 54,267,693 12,162 1 Lowndes County 19,576,644 12,098 2 Conecuh County* 17,543,040 11,953 3 Homewood City* 44,809,640 11,381 4 Elba City* 7,332,223 11,192 5 Barbour County* 9,471,632 11,004 6 Bullock County* 16,501,066 10,978 7 Anniston City* 22,986,715 10,957 8 Macon County* 23,604,048 10,913 9 Sheffield City* 11,736,024 10, Hoover City* 149,109,163 10, Athens City 35,844,695 10, Huntsville City* 240,605,565 10, Colbert County 27,720,749 10, Florence City* 46,658,964 10, Vestavia Hills City* 71,105,187 10, Tuscaloosa City* 104,227,471 10, Wilcox County* 18,134,709 10, Greene County* 12,722,852 10, Sumter County* 17,534,459 10, Franklin County* 30,148,016 9, Talladega City* 20,897,393 9, Boaz City* 20,554,749 9, Pelham City* 29,709,419 9, Daleville City* 10,170,729 9, Selma City 33,647,067 9, Clarke County* 26,915,839 9, Shelby County 187,579,810 9, Brewton City* 10,599,270 9, Ozark City* 20,871,715 9, Marshall County 51,520,851 9, Scottsboro City 24,245,703 9, Fairfield City* 17,331,037 9, Pickens County* 24,579,267 9, Limestone County* 82,908,767 9, Hartselle City* 27,969,257 9, Hale County* 25,052,769 9, Lanett City 8,536,045 9, Guntersville City* 18,231,013 9, Madison City* 89,377,874 9, MCS 9, Average 9, Min 7, Max 12, Total School Districts 18

19 Per Pupil Expenditure School System Total Students Total Expenditures PPE Rank Athens City 3, ,844, , Limestone County 8, ,908, , Madison City 9, ,377, , MCS 9, Average 9, Min 7, Max 12,

20 LEA Allocation Foundation Program FY FY FY 2016 FY 2017 Change Change System ADM , , Foundation Program Units Teachers Principals Assistant Principals Counselors Librarians Career Tech Directors Total Units

21 Instruction $48,042,123 Direct Classroom Expenditures Teacher Salaries Teacher Aides Salaries Major Budget Items Salaries & Fringes $45,984,595 Materials & Supplies, Textbooks and Equipment $892,176 Purchased Services $1,165,352 21

22 Instructional Support $13,836,698 Counseling Services Media/Technology Services School Adm. Services Health Services Instructional Resource Staff Development/ARI Major Budget Items Salaries and Fringes $12,281,615 Materials& Supplies, Textbooks and Equipment $396,123 Purchased Services $1,158,960 22

23 Operations & Maintenance $8,396,615 Major Budget Items Salaries & Fringes $3,367,707 Utilities, Insurance & Telecommunications $3,382,344 Maintenance Supplies & Equipment $ 594,764 Purchased Services $1,051,800 23

24 Transportation $3,499, Bus Routes Funding- State $ 2,689,623 Local $ 809,720 Major Budget Items Salaries & Fringes $ 2,769,883 Fuel, Equipment, Supplies and Other Services $729,460 24

25 General Administrative $3,029,963 Board of Education Training Superintendent & Administrative Staff Accounting Personnel Department Purchased Services (Legal, Professional, Insurance, Auditing) 25

26 Other Programs $6,027,150 Pre-School $ 1,024,297 Other $ 202,172 Transfers to Other Programs Child Nutrition Program $ 1,296,911 Debt Service $ 3,503,770 26

27 Financial Impact to Madison City Schools Currently losing $1.75 million from Madison County $0.5 million ad-valorem $1.0 million sales tax $0.25 million TVA Not receiving $2.5 million from Limestone County SCHOOL Madison County Ad-valorem Limestone County Loss from Madison County Alloted Gain from Limestone County Difference of Loss/Gain County -Wide = $496,581 $481,146 -$15,435 City Tax District Total School SCHOOL Sales Tax County -Wide = $563,146 $1,710,918 $694,089 City Tax District 1 = $453,684 Total School SCHOOL TVA County -Wide 1 1 = $241,190 $300,240 $59,050 City Tax District COMPARSION of MADISON CITY TAXES MADISON COUNTY/LIMESTONE COUNTY Total School 1 1 $1,754,601 $2,492,304 $737,703 27

28 Non-Foundation State Allocations State Funds FY 2017 FY 2016 Change School Nurse Program 362, ,284 20,158 Technology Coordinator 35,411 34,300 1,111 Transportation-Operating 2,689,623 2,548, ,126 Transportation-Fleet Renewal ($6,382 / Bus) 389, ,560 12,742 Capital Purchase 2,446,021 2,401,323 44,698 At Risk 127, ,046 24,120 Preschool Program 26,946 28,029 (1,083) 28

29 Madison City Schools Budget EXHIBIT B-I- A GOVERNMENTAL FIDUCIARY FUND TYPES SPECIAL DEBT CAPITAL EXPENDABLE TOTAL DESCRIPTION GENERAL REVENUE SERVICE PROJECTS TRUST (Memo Only) REVENUES STATE REVENUES 52,538, ,750, ,431, , ,124, FEDERAL REVENUES 310, ,091, ,401, LOCAL REVENUES 29,378, ,215, ,237, , ,839, ,676, OTHER REVENUES 366, , , TOTAL REVENUES 82,594, ,204, ,669, , ,839, ,716, EXPENDITURES: INSTRUCTIONAL SERVICES 48,042, ,102, , ,647, INSTRUCTIONAL SUPPORT SERVICES 13,836, ,218, , ,978, OPERATIONS & MAINTENANCE 8,396, , , , ,027, AUXILIARY SERVICES 3,499, ,594, , , ,697, GENERAL ADMINISTRATIVE SERVICES 3,029, , ,075, CAPITAL OUTLAY 7, ,000, ,007, DEBT SERVICES ,991, ,991, OTHER EXPENDITURES 1,031, ,121, , ,284, TOTAL EXPENDITURES 77,843, ,682, ,991, ,514, ,678, ,710, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 353, ,052, ,559, , , ,509, OTHER FUND USES 4,988, ,419, ,703, , , ,656, TOTAL OTHER FUND SOURCES (USES) (4,634,680.36) 1,632, ,856, , (148,410.00) 853, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 116, ,155, , (2,958,274.16) 12, (1,140,503.95) BEGINNING FUND BALANCE - OCT 1 9,198, ,953, ,124, ,460, , ,445, ENDING FUND BALANCE - SEPT 30 9,314, ,108, ,658, ,501, , ,304, Operating Days of Fund Balance

30 Proposed Budget Cuts Department 2016 Budget 2017 Budget Change Technology $ 1,214,193 $ 1,014,193 $ (200,000) Student Services $ 676,070 $ 625,355 $ (50,715) Special Ed $ 1,012,814 $ 913,800 $ (99,014) Elementary Instruction $ 327,246 $ 244,119 $ (83,127) Secondary Instruction $ 360,780 $ 270,072 $ (90,708) Finance $ 177,503 $ 153,200 $ (24,303) Personnel $ 39,700 $ 39,700 $ - Maintenance $ 1,789,668 $ 1,664,668 $ (125,000) Transportation $ 344,700 $ 140,350 $ (204,350) Superintendent $ 48,225 $ 48,500 $ 275 Assistant Superintendent $ 13,500 $ 7,500 $ (6,000) Board of Education $ 109,925 $ 110,900 $ 975 Supplements & Incentives $ 695,407 $ 548,210 $ (147,197) Central Office Staffing $ 270,000 $ - $ (270,000) Elementary Teachers $ 210,000 $ - $ (210,000) Total $ 7,289,731 $ 5,780,567 $ (1,509,164) 30

31 Instructional Per Pupil Expenditures Fiscal Year 2013 Data 31

32 Value of a Mill in Alabama School Districts FY 2016 $5,000,000 Mobile County $4,000,000 Baldwin County $3,000,000 Birmingham & Jefferson Huntsville City Montgomery County $2,000,000 $1,000,000 Hoover City Shelby County Madison County Madison City $0 32

33 33

34 Madison City Schools Budget EXHIBIT B-I-A GOVERNMENTAL FIDUCIARY FUND TYPES SPECIAL DEBT CAPITAL EXPENDABLE TOTAL DESCRIPTION GENERAL REVENUE SERVICE PROJECTS TRUST (Memo Only) REVENUES STATE REVENUES 52,538, ,750, ,431, , ,124, FEDERAL REVENUES 310, ,091, ,401, LOCAL REVENUES 29,378, ,215, ,237, , ,839, ,676, OTHER REVENUES 366, , , TOTAL REVENUES 82,594, ,204, ,669, , ,839, ,716, EXPENDITURES: INSTRUCTIONAL SERVICES 48,042, ,102, , ,647, INSTRUCTIONAL SUPPORT SERVICES 13,836, ,218, , ,978, OPERATIONS & MAINTENANCE 8,396, , , , ,027, AUXILIARY SERVICES 3,499, ,594, , , ,697, GENERAL ADMINISTRATIVE SERVICES 3,029, , ,075, CAPITAL OUTLAY 7, ,000, ,007, DEBT SERVICES ,991, ,991, OTHER EXPENDITURES 1,031, ,121, , ,284, TOTAL EXPENDITURES 77,843, ,682, ,991, ,514, ,678, ,710, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 353, ,052, ,559, , , ,509, OTHER FUND USES 4,988, ,419, ,703, , , ,656, TOTAL OTHER FUND SOURCES (USES) (4,634,680.36) 1,632, ,856, , (148,410.00) 853, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 116, ,155, , (2,958,274.16) 12, (1,140,503.95) BEGINNING FUND BALANCE - OCT 1 9,198, ,953, ,124, ,460, , ,445, ENDING FUND BALANCE - SEPT 30 9,314, ,108, ,658, ,501, , ,304,

35 FUND TYPES SPECIAL DESCRIPTION REVENUE REVENUES STATE REVENUES 3,750, FEDERAL REVENUES 5,091, LOCAL REVENUES 8,215, OTHER REVENUES 148, TOTAL REVENUES 17,204, EXPENDITURES: INSTRUCTIONAL SERVICES 7,102, INSTRUCTIONAL SUPPORT SERVICES 3,218, OPERATIONS & MAINTENANCE 600, AUXILIARY SERVICES 5,594, GENERAL ADMINISTRATIVE SERVICES 45, CAPITAL OUTLAY 0.00 DEBT SERVICES 0.00 OTHER EXPENDITURES 1,121, TOTAL EXPENDITURES 17,682, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 3,052, OTHER FUND USES 1,419, TOTAL OTHER FUND SOURCES (USES) 1,632, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES Special Revenue Budget 1,155, Special revenue funds included in the budget are comprised of federal funds that have specific guidelines and limitations on the expenditure of these funds. Local school public funds are also included in this group. Listed below are the primary programs and allocations for FY LOCAL SCHOOLS-PUBLIC FUNDS $ 6,145, CHILD NUTRITION PROGRAM $ 5,866, ACCESS $ 3,750, IDEA-B SPECIAL EDUCATION $ 1,676, TITLE I $ 672, BEGINNING FUND BALANCE - OCT 1 5,953, ENDING FUND BALANCE - SEPT 30 7,108, DODEA-SECONDARY $ 469, DODEA-ELEMENTARY $ 231, TITLE II, PART A $ 101,

36 ACCESS Revenues $3,750, Expenditures Salaries and Fringes $ 561,905 ACCESS Teacher Pay $2,688,391 Software, Materials, Travel $163,455 36

37 IDEA-B Special Education $ 1,676,259 Salaries and Fringes $ 1,676,259 Staff Summary Teacher Units 3 Teaching Aides 1 Psychometrist/Behavioral Specialist 12 Mini Bus Aides 37

38 Child Nutrition Program $5,866,998 Revenue USDA $ 1,630,851 Sales and Commissions $ 2,789,995 Transfers from General Fund $ 1,296,911 Other $ 149,241 38

39 Child Nutrition Program Expenditures Labor $2,350,746 Food $1,987,000 O/M $ 515,590 Supplies $ 219,850 Indirect Cost $ 319,618 Other $ 43,850 39

40 Title I $ 672,510 Personnel Adm. Unit.15 Teacher Units 2.40 Support Units 2.40 Salaries/fringes(Includes Tutors) $ 533,333 Instructional Materials $ 139,177 40

41 Madison City Schools Budget EXHIBIT B-I-A GOVERNMENTAL FIDUCIARY FUND TYPES SPECIAL DEBT CAPITAL EXPENDABLE TOTAL DESCRIPTION GENERAL REVENUE SERVICE PROJECTS TRUST (Memo Only) REVENUES STATE REVENUES 52,538, ,750, ,431, , ,124, FEDERAL REVENUES 310, ,091, ,401, LOCAL REVENUES 29,378, ,215, ,237, , ,839, ,676, OTHER REVENUES 366, , , TOTAL REVENUES 82,594, ,204, ,669, , ,839, ,716, EXPENDITURES: INSTRUCTIONAL SERVICES 48,042, ,102, , ,647, INSTRUCTIONAL SUPPORT SERVICES 13,836, ,218, , ,978, OPERATIONS & MAINTENANCE 8,396, , , , ,027, AUXILIARY SERVICES 3,499, ,594, , , ,697, GENERAL ADMINISTRATIVE SERVICES 3,029, , ,075, CAPITAL OUTLAY 7, ,000, ,007, DEBT SERVICES ,991, ,991, OTHER EXPENDITURES 1,031, ,121, , ,284, TOTAL EXPENDITURES 77,843, ,682, ,991, ,514, ,678, ,710, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 353, ,052, ,559, , , ,509, OTHER FUND USES 4,988, ,419, ,703, , , ,656, TOTAL OTHER FUND SOURCES (USES) (4,634,680.36) 1,632, ,856, , (148,410.00) 853, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 116, ,155, , (2,958,274.16) 12, (1,140,503.95) BEGINNING FUND BALANCE - OCT 1 9,198, ,953, ,124, ,460, , ,445, ENDING FUND BALANCE - SEPT 30 9,314, ,108, ,658, ,501, , ,304,

42 FUND TYPES DEBT DESCRIPTION SERVICE REVENUES STATE REVENUES 2,431, FEDERAL REVENUES 0.00 LOCAL REVENUES 3,237, OTHER REVENUES 0.00 TOTAL REVENUES 5,669, EXPENDITURES: INSTRUCTIONAL SERVICES 0.00 INSTRUCTIONAL SUPPORT SERVICES 0.00 OPERATIONS & MAINTENANCE 0.00 AUXILIARY SERVICES 0.00 GENERAL ADMINISTRATIVE SERVICES 0.00 CAPITAL OUTLAY 0.00 DEBT SERVICES 8,991, OTHER EXPENDITURES 0.00 TOTAL EXPENDITURES 8,991, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 6,559, OTHER FUND USES 2,703, TOTAL OTHER FUND SOURCES (USES) 3,856, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES Debt Service Fund 534, BEGINNING FUND BALANCE - OCT 1 15,124, ENDING FUND BALANCE - SEPT 30 15,658, This fund reflects the annual debt payment (principal and interest) of the Madison City Board of Education on its outstanding debt as of October 1, Funding Sources Public School Fund $2,277,062 Transfer General Fund $3,503,770 Transfer Half Cent Sales Tax $2,858,466 Fleet Renewal Fund $ 352,426 Total Debt Service $8,991,724 Madison City Schools Total Debt is $173,918,854 42

43 Debt Service Fund Annual Debt Payment Over Time Fiscal Year Total Debt Service $ 8,991, $ 8,793, $ 8,784, $ 8,832, $ 8,858, $ 8,849, $ 8,851, $ 8,742, $ 8,642, $ 8,565, $ 8,585, $ 8,130, $ 8,181, $ 6,638, $ 6,649, $ 6,648, $ 6,639, $ 5,716, $ 5,697, $ 5,698, $ 5,697, $ 5,700, $ 5,696, $400,000 - Reduction $1,500,000 Reduction $1,000,000 - Reduction TOTAL $ 173,918,

44 Debt Service Fund-Declining Principal Balance Fiscal Year Principal Balance $115,123, $110,349, $105,394, $100,288, $ 95,055, $ 89,664, $ 84,221, $ 78,721, $ 73,132, $ 67,347, $ 61,638, $ 55,604, $ 50,864, $ 45,887, $ 40,688, $ 35,276, $ 30,556, $ 25,671, $ 20,616, $ 15,386, $ 9,971, $ 4,371, $ 0.00 As of September 30 44

45 Madison City Schools Budget EXHIBIT B-I-A GOVERNMENTAL FIDUCIARY FUND TYPES SPECIAL DEBT CAPITAL EXPENDABLE TOTAL DESCRIPTION GENERAL REVENUE SERVICE PROJECTS TRUST (Memo Only) REVENUES STATE REVENUES 52,538, ,750, ,431, , ,124, FEDERAL REVENUES 310, ,091, ,401, LOCAL REVENUES 29,378, ,215, ,237, , ,839, ,676, OTHER REVENUES 366, , , TOTAL REVENUES 82,594, ,204, ,669, , ,839, ,716, EXPENDITURES: INSTRUCTIONAL SERVICES 48,042, ,102, , ,647, INSTRUCTIONAL SUPPORT SERVICES 13,836, ,218, , ,978, OPERATIONS & MAINTENANCE 8,396, , , , ,027, AUXILIARY SERVICES 3,499, ,594, , , ,697, GENERAL ADMINISTRATIVE SERVICES 3,029, , ,075, CAPITAL OUTLAY 7, ,000, ,007, DEBT SERVICES ,991, ,991, OTHER EXPENDITURES 1,031, ,121, , ,284, TOTAL EXPENDITURES 77,843, ,682, ,991, ,514, ,678, ,710, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 353, ,052, ,559, , , ,509, OTHER FUND USES 4,988, ,419, ,703, , , ,656, TOTAL OTHER FUND SOURCES (USES) (4,634,680.36) 1,632, ,856, , (148,410.00) 853, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES 116, ,155, , (2,958,274.16) 12, (1,140,503.95) BEGINNING FUND BALANCE - OCT 1 9,198, ,953, ,124, ,460, , ,445, ENDING FUND BALANCE - SEPT 30 9,314, ,108, ,658, ,501, , ,304,

46 Capital Projects Budget FUND TYPES CAPITAL DESCRIPTION PROJECTS REVENUES STATE REVENUES 403, FEDERAL REVENUES 0.00 LOCAL REVENUES 5, OTHER REVENUES 0.00 TOTAL REVENUES 408, EXPENDITURES: INSTRUCTIONAL SERVICES 0.00 INSTRUCTIONAL SUPPORT SERVICES 0.00 OPERATIONS & MAINTENANCE 14, AUXILIARY SERVICES 500, GENERAL ADMINISTRATIVE SERVICES CAPITAL OUTLAY 3,000, DEBT SERVICES 0.00 OTHER EXPENDITURES 0.00 TOTAL EXPENDITURES 3,514, OTHER FUND SOURCES (USES): OTHER FUND SOURCES 500, OTHER FUND USES 352, TOTAL OTHER FUND SOURCES (USES) 147, EXCESS REVENUES & OTHER SOURCES OVER (UNDER) EXPENDITURES & OTHER FUND USES (2,958,274.16) BEGINNING FUND BALANCE - OCT 1 11,460, This fund is used to acquire or construct major capital facilities such as a new school. Capital Project Expenses for FY 17 Swimming Facility with Madison City $3,000,000 Purchase School Buses $500,000 GAP Coverage Insurance $14,159 Bank Fees $150 ENDING FUND BALANCE - SEPT 30 8,501,

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48 FY 2017 Proposed Budget 1 st Public Hearing August 04, 2016