Submitted Budget Report FY Submit ID:

Transcription

1 Due Dates: Board of Trustees adopts Final Budget no later than August 25th before: computation of GF levy requirement by Cty Supt. & the fixing of district tax levies. (MCA ) Board of Trustees transmits to County Supt. within 3 days after final approval. (MCA ) County Supt. transmits to County Commissioners by the later of the 1st Tuesday in September or within 30 calendar days after receipt of certified taxable values. (MCA ) County Supt. transmits to Office of Public Instruction on or before September 15th. (MCA ) District: District ANB And Taxable Valuation EL * indicates that the 3 year average ANB was used to calculate the budget limitations * ANB HS Taxable Valuation 1,228 N/A 24,161,207 The final budget is approved as set forth in this document. District Clerk: Certification Laurie Noonkester (Signature) (Date) Chairperson, School Trustees: Tim Sather (Signature) (Date) County Superintendent: Sherry Long (Signature) (Date) Chairperson, County Commissioners: (Print) (Signature) (Date) Name of Contact: (Print) (Signature) (Phone) Page 1 of 16

2 Summary Fund [A] Adopted Budget [B] Total Reserves ( ) [C] Reserve Limit [D] % of Adopted Budget Reserved (C/B) x 100 [E] Unreserved Fund Balance Reappropriated (970) [F] Other Revenue [G] District Property Tax Requirements (B - F - G = H) If < 0, enter 0 [H] District Mill Levies H / (TV x.001) [I] 01 General 7,843, , % 12.04% ,623, ,219, Transportation 807, , % 19.83% , , Bus Depreciation N/A 0.00% Tuition 164, N/A 17, , Retirement 1,147, , % 20.00% 82, ,065, Adult Education 62, , % 35.00% 4, , , Non-Operating N/A 0.00% Technology 252, N/A 0.00% 169, , , Flexibility 331, N/A 0.00% 164, , Building Reserve 561, N/A 0.00% 484, , , Total of All Funds 11,171, ,356, , ,053, ,194, Debt Service Tax , % 162, , Page 2 of 16

3 PART I. Certified Budget Data General Fund Limits And Reserves Worksheet ANB By Budget Unit: E1 LOCKWOOD K * M1 LOCKWOOD * * indicates that the 3 year average ANB was used to calculate the budget limitations A. Direct State Aid (I-A) 3,224, B. Mandatory Non-isolated Levy (I-B) 0.00 C. Quality Educator (I-C) 294, D. At Risk Student (I-D) 49, E. Indian Education For All (I-E) 26, F. American Indian Achievement Gap (I-F) 28, G. Data For Achievement (I-G) 25, H. State Spec Ed Allowable Cost Pymt to Districts (I-H) 228, I. State Special Education Related-Services Payment To Coop (I-I) 59, J. District GTB Subsidy Per Elementary Base Mill (I-J) 31, K. District GTB Subsidy Per High School Base Mill (I-K) N/A PART II. General Fund Budget Limits Prior Year Budget Data: A. ANB (II-A) 1,244 B. BASE Budget Limit (II-B) 6,461, C. Maximum Budget Limit (II-C) 8,059, D. Over-BASE Levy As Submitted on Budget (II-D) 1,305, E. Adopted Budget (II-E) 7,766, Current Year Budget Data: F. % Special Education in Maximum Budget (II-F) 100% G. BASE Budget (Minimum Budget Amount Required) (II-G) 6,538, H. Maximum Budget Limit (II-H) 8,153, I. Highest Budget Without a Vote (II-I) 7,843, J. Highest Budget (II-J) 8,153, K. Highest Voted Amount (II-K) 310, L. Amount Approved on Ballot by Voters (II-L) 0.00 M. Adopted Budget (II-M) 7,843, PART III. General Fund Balance For Budget As Of June 30 A. Operating Reserve (961) (III-A) 784, B. TIF Operating Reserve (962) (III-B) 0.00 C. Excess Reserves (III-C) 160, Reserve For Protested/Delinquent Taxes (963) (III-C1) 160, Reserve For Tax Audit Receipts (964) (III-C2) 0.00 D. Unreserved Fund Balance Reappropriated (970) (III-D) Prior Year Excess Reserves Funding Over-BASE (970a) (III-D1) Remaining Fund Balance Available (970b) (III-D2) TIF Fund Balance Reappropriated (970c) (III-D3) 0.00 E. TOTAL GENERAL FUND BALANCE FOR BUDGET (TFS48) (III-E) 944, Page 3 of 16

4 PART V. General Fund Worksheet General Fund Budget: A. Adopted General Fund Budget (V-A) 7,843, BASE Budget Limit (V-A1) 6,538, Over-BASE Budget (V-A2) 1,305, Funding The BASE Budget: B. Direct State Aid (V-B) 3,224, Direct State Aid Paid By State (V-B1) 3,224, Direct State Aid Paid By Non-Isolated District (V-B2) 0.00 C. Natural Resource Development (V-C) 58, D. Quality Educator (V-D) 294, E. At Risk Student (V-E) 49, F. Indian Education For All (V-F) 26, G. American Indian Achievement Gap (V-G) 28, H. Data For Achievement (V-H) 25, I. Special Education Allowable Cost Payment (V-I) 228, J. Remaining Fund Balance Available (V-J) 0.00 K. Non-Levy Revenue (V-K) 483, Actual Non-Levy Revenue (V-K1) 9, Anticipated Non-Levy Revenue (V-K2) 473, TIF Applied To Base Budget (V-K3) 0.00 L. Other Non-Levy Revenue (V-L) 0.00 M. BASE Levy Requirements (V-M) 2,119, State Guaranteed Tax Base Aid (V-M1) 1,205, * District Property Tax Levy To Fund BASE (BASE Levy) (V-M2) 914, N. **Subtotal of BASE Budget Revenue (V-N) 6,538, Funding The Over-BASE Budget: O. Fund Balance & Non-Levy Revenue Available To Fund Over-BASE (V-O) 0.00 P. Over-BASE Only Revenues (V-P) Prior Year Excess Reserves Reappropriated (Over-BASE Only) (V-P1) Tuition (V-P2) Flexible Non-Voted Levy Authority Transferred from Other Funds (V-P3) Oil & Gas Revenues (V-P4) TIF Applied To OverBase Budget (V-P5) 0.00 Q. District Property Tax Levy To Fund Over-BASE Budget (Over-BASE Levy)(GF) (V-Q) 1,305, R. Subtotal of Over-BASE Revenue (V-R) 1,305, Mill Levies: S. District Non-Isolated Mills (V-S) 0.00 T. BASE Mills - Elementary (V-T) U. BASE Mills - High School (V-U) 0.00 V. Over-BASE Mills (V-V) District Property Tax Levy Mills (V-V1) Flexible Non-Voted Levy Authority (V-V2) 0.00 W. Total General Fund Mills (V-W) * Should be approximately equal to (Taxable Value X.001) X BASE Mills ** BASE Budget Revenue cannot exceed BASE Budget Limit. Excess BASE Budget Revenue is reported on line V-O and is applied to the Over-BASE Budget Page 4 of 16

5 01 General Fund Adopted Budget ,843, Expenditure Budget ,843, Unreserved Fund Balance Reappropriated Direct State Aid ,224, Quality Educator , At Risk Student , Indian Education For All , American Indian Achievement Gap , State Spec Ed Allowable Cost Pymt to Districts , Data For Achievement , Natural Resource Development , State Guaranteed Tax Base Aid ,205, Actual Non-levy Revenue Tax Title and Property Sales Interest Earnings , Revenue from Community Services Activities Other Revenue from Local Sources Rentals Dormitory Charges Contributions/Donations from Private Sources Textbook Sales and Rentals Fees - Users/Resale of Supplies Services Provided Other School Districts or Coops Services Provided Other Local Governmental Units Summer School Fees Anticipated Non-levy Revenue - BASE Oil & Gas Revenues - BASE Budget TIF Applied To Base Budget State School Block Grant , Federal Revenue in Lieu of Taxes Anticipated Non-levy Revenue - Over-BASE Page 5 of 16

6 01 General Fund Oil & Gas Revenues - OverBASE Budget TIF Applied To OverBase Budget Individual Tuition Tuition from Schl Dists Within State Tuition from Schl Dists Outside State State Tuition for State Placement Other Non-levy Revenue District Levy - Distn of Pr Yr's Prot/Dlq Taxes District Levy - Dept of Rev Tax Audit Receipts Penalties and Interest on Taxes Levies Mandatory Non-isolated Levy 1110(a) 0.00 BASE Levy 1110(b) 914, Over-BASE Levy 1110(c) 1,305, District Tax Levy ,219, Total Estimated Revenues to Fund Adopted Budget ,843, Page 6 of 16

7 10 Transportation Fund Adopted Budget , Expenditure Budget , Transportation Schedule Data On-Schedule , Contingency , Over-Schedule , Fund Balance for Budget TFS48 160, Operating Reserve , Unreserved Fund Balance Reappropriated Individual Transportation Fees Trans Fees from Other Schl Dists Within State Trans Fees from Other Schl Dists Outside State Other Transportation Fees Interest Earnings State Tuition for State Placement State School Block Grant , Reimbursements County On-Schedule Trans Reimb , State On-Schedule Trans Reimb , District Tax Levy , District Mills Total Estimated Revenues to Fund Adopted Budget , Page 7 of 16

8 11 Bus Depreciation Fund Adopted Budget Expenditure Budget Fund Balance for Budget TFS Operating Reserve Unreserved Fund Balance Reappropriated TIF Fund Balance Reappropriated Interest Earnings Use Estimated Non-levy Revenue to Lower Levies? (Yes or No) No District Tax Levy District Mills Total Estimated Revenues to Fund Adopted Budget Page 8 of 16

9 13 Tuition Fund Adopted Budget , Expenditure Budget , Fund Balance for Budget TFS48 17, Unreserved Fund Balance Reappropriated , Interest Earnings Direct State Aid District Tax Levy , District Mills Total Estimated Revenues to Fund Adopted Budget , Page 9 of 16

10 14 Retirement Fund Adopted Budget ,147, Expenditure Budget ,147, Fund Balance for Budget TFS48 312, Operating Reserve , Unreserved Fund Balance Reappropriated , Interest Earnings County Retirement Distribution ,065, Total Estimated Revenues to Fund Adopted Budget ,147, Page 10 of 16

11 17 Adult Education Fund Adopted Budget , Expenditure Budget , Fund Balance for Budget TFS48 26, Operating Reserve , Unreserved Fund Balance Reappropriated , Fees for Adult Education , Interest Earnings District Tax Levy , District Mills Total Estimated Revenues to Fund Adopted Budget , Page 11 of 16

12 19 Non-Operating Fund Adopted Budget Expenditure Budget Transportation Schedule Data On-Schedule Contingency Over-Schedule Fund Balance for Budget TFS Operating Reserve Unreserved Fund Balance Reappropriated Interest Earnings Reimbursements County On-Schedule Trans Reimb State On-Schedule Trans Reimb District Tax Levy District Mills Total Estimated Revenues to Fund Adopted Budget Page 12 of 16

13 28 Technology Fund Adopted Budget , Expenditure Budget , Fund Balance for Budget TFS48 169, Operating Reserve Unreserved Fund Balance Reappropriated , TIF Fund Balance Reappropriated Interest Earnings State Technology Aid , District Tax Levy , District Mills Total Estimated Revenues to Fund Adopted Budget , Page 13 of 16

14 29 Flexibility Fund Adopted Budget , Expenditure Budget , Fund Balance for Budget TFS48 164, Operating Reserve Unreserved Fund Balance Reappropriated , Interest Earnings , State Combined Fund School Block Grant , District Mills Total Estimated Revenues to Fund Adopted Budget , Page 14 of 16

15 50 Debt Service Fund Jurisdiction 0967 Taxable Value 24,161, Adopted Budget , Expenditure Budget , Fund Balance for Budget TFS48 162, Fund Balance In Sinking Fund Operating Reserve Unreserved Fund Balance Reappropriated , TIF Fund Balance Reappropriated Interest Earnings District Tax Levy , Jurisdiction Mills Total Estimated Revenues to Fund Adopted Budget , Issue Type Issue Date Maturity Date Bond Issues Issue Amount Outstanding 6/30/17 Principal Interest Agent Fees Elementary Refunding Bond 08/18/ /30/2027 8,065, ,980, , , , Elementary Bond 01/24/ /30/ ,860, ,110, , , Total Bond Requirements 971, Total Debt Service Requirements , Page 15 of 16

16 61 Building Reserve Fund Adopted Budget , Expenditure Budget , Fund Balance for Budget TFS48 484, Operating Reserve Unreserved Fund Balance Reappropriated , TIF Fund Balance Reappropriated Tax Title and Property Sales Interest Earnings , Use Estimated Non-levy Revenue to Lower Levies? (Yes or No) No District Tax Levy , District Mills Total Estimated Revenues to Fund Adopted Budget , Voted Reserve Authorities Election Date Total Authorized Years Authorized Levied Thru Last Year Maximum Levy Levy Amount 05/07/ , , , , Total , Page 16 of 16