Geneva County Board of Education FY 2015 Proposed Budget Hearing September 9 & 11, 2014

Geneva CountyGeneva CountyBoard of EducationBoard of Education

FY 2015 Proposed Budget Hearing

September 9 & 11, 2014

Budgeted Beginning Fund Balances

General Fund $5,249,640

Special Revenue Fund 919,241

Debt Service Fund 0

Capital Projects Fund 0

Fiduciary Fund 106,309

Budgeted Revenues by Fund

General Fund $17,837,303.51

Special Revenue Fund 4,896,798.42

Debt Service 295,333.33

Capital Projects Fund 850,791.67

Fiduciary Fund 155,025.00

Total Budgeted Revenues by Source

STATE

LOCAL

FEDERAL

OTHER

Budgeted Revenues by Source – General Fund

STATE

LOCAL

FEDERAL

OTHER

FY15 Foundation Program Units

FY 2015 FY 2014 Change

System ADM 2,758.45 2,718.50 39.95

Foundation Program Units

Teachers 155.85 153.12 2.73

Principals 9.00 9.00 0.00

Assistant Principals 1.50 1.50 0.00

Counselors 6.00 6.00 0.00

Librarians 7.00 7.00 0.00

Career Tech Directors 1.75 1.75 0.00

Career Tech Counselors 0.00 0.00 0.00

Total Units 181.10 178.37 2.73

FY15 Teacher Units by Elementary School

FY 2015 FY 2014

Geneva County Elementary

ADM / Teacher Units 394.65 / 26.33 362.35 / 24.24

State Funded - Earned Units 24.73 22.00

Samson Elementary

ADM / Teacher Units 308.70 / 24.21 345.95 / 24.21

State Funded - Earned Units 19.19 20.97

Slocomb Elementary

ADM / Teacher Units 576.45 / 38.34 560.30 / 36.34

State Funded - Earned Units 35.78 34.42

FY15 Teacher Units by Middle SchoolFY 2015 FY 2014

Geneva County Middle

ADM / Teacher Units 188.00/ 11.15 181.15 / 10.24

State Funded - Earned Units 9.08 8.64

Samson Middle

ADM / Teacher Units 214.85/ 11.41 206.25 / 10.35

State Funded - Earned Units 10.41 9.84

Slocomb Middle

ADM / Teacher Units 281.50 / 15.18 282.15 / 14.43

State Funded - Earned Units 13.61 13.47*

* .74 fractional teacher unit from Slocomb High School

FY15 Teacher Units by High SchoolFY 2015 FY 2014

Geneva County High

ADM / Teacher Units 218.55 / 11.85 201.70 / 10.93

State Funded - Earned Units 11.85 10.93

Samson High

ADM / Teacher Units 210.10 / 12.71 220.80 / 12.85

State Funded - Earned Units 11.38 11.96

Slocomb High

ADM / Teacher Units 365.65 / 19.82 357.85 / 18.65

State Funded - Earned Units 19.82 19.39*

* .74 fractional teacher unit to Slocomb Middle School

FY15 Foundation AllocationFoundation Program

(State and Local Funds) FY 2015 FY 2014 Change

Salaries $ 8,598,709 $ 8,449,358 149,351

Fringe Benefits 3,446,616 3,230,369 216,247

Other Current Expense ($15,967/unit)

2,891,572($15,661/unit)

2,793,471 98,101

Classroom Instruction Support

Student Materials ($310/unit) 56,142 ($300/unit) 53,214 2,928

Technology ($0/unit) 0 ($0/unit) 0 0

Library Enhancement ($0/unit) 0 ($0/unit) 0 0

Prof. Development ($0/unit) 0 ($0/unit) 0 0

Common Purchase ($0/unit) 0 ($0/unit) 0 0

Textbooks ($35/adm) 96,548 ($31.35/adm) 85,225 11,323

Total Foundation Program $ 15,089,587 $ 14,611,637 477,950

Local Funds (10 Mills) 1,285,590 (10 Mills) 1,251,580 34,010

State Foundation Funds $ 13,803,997 $ 13,360,057 443,940

FY15 State Funds

Funding Source Allocation Funding Source Allocation

School Nurses $ 141,094 Technology Coordinator 27,146

Career Tech O and M 19,785 Transportation Operations

1,008,553

AL Reading Initiative 152,535 Fleet Renewal 162,000

Gifted Program 3,974 Capital Purchase 707,436

English 2nd Language 5,121 Preschool 3,266

OSR Pre-K Grant 100,000* At Risk 83,095

*rec. $20,000 in FY14

FY15 Federal FundsIDEA - Part B $ 579,222

IDEA - Pre-school Part B 5,393

Basic Grant/CTE 51,362

Title I, Part A 1,102,321

Title I, Part C – Migrant Education 60,871

Title II, Part A - Teacher Training 155,476

Title III, English Language Learning 11,861

Local Revenues – General FundCounty Regular Ad Valorem Tax $ 905,000District Ad Valorem Tax 385,000County Sales Tax 816,232Business Privilege Tax 11,600Indirect Cost 190,846Other Local Revenue 178,560

Total 2,487,238

Expenditures - General Fund

Instructional Services $ 11,010,258

Instructional Support 2,935,901

Operations and Maintenance 1,112,641

Auxiliary Services 1,304,203

General Administrative Services 955,082

Capital Outlay 1,253,881

Other Expenditures 140,236

Total $18,712,202Salaries of $11,106,053 & Fringes Benefits of $4,716,895 = $15,822,948 85% of General Fund Budgeted Expenditures

Expenditures – General Fund

INSTRUCTIONALSERVICES

INSTRUCTIONALSUPPORT SERVICES

OPERATIONS & MAINTENANCE

AUXILIARY SERVICES

GENERALADMINISTRATIVE SERVICES

CAPITAL OUTLAY

OTHER

Debt Service

This fund reflects the annual debt payment (principal and interest) of the Geneva County Board of Education on its outstanding debt as of October 1, 2014.

Principal $ 577,456.44

Interest 193,642.58

Total $ 771,099.02

Debt Service

The debt of the Geneva County Board of Education will be funded with the following funding sources:

Public School Fund $ 475,765.69

Local PSF Match 133,333.33

Transportation Fleet Renewal 162,000.00

FY15 Debt Service ScheduleDebt Principal Interest Total

2009-B PSCA Warrants $ 118,291.31 $ 32,060.62 $ 150,351.932013-D PSCA Warrants 141,751.41 118,173.30 259,924.712014-A PSCA Warrants 41,746.66 23,742.39 65,489.052009 Capital Lease 73,258.00 3,829.32 77,087.322012 Capital Lease 28,622.73 5,417.27 34,040.002014 Capital Lease 40,453.00 10,419.68 50,872.682014 QZAB Revenue Warrant

133,333.33 0.00 133,333.33

TOTALS $ 577,456.44 $ 193,642.58 $ 771,099.02