2006-07 FINAL BUDGET PRESENTATION

INDEPENDENT SCHOOL DISTRICT NO. 719

Topics Of Discussion

Budget Calendar & Process 2005-06 Estimated Year End 2006-07 Preliminary Budget Assumptions Reserved Fund Balances 2006-07 Preliminary Budget Graphs Special Services Analysis 2004-05 Expenditure Profiles Graphs

Budget Calendar

Budget Development – January – Long Range Plan Update – Prioritize Budget Next Year budget additions & reductions – Establish building FTE, equipment, and supply allocations

Budget Additions/Cost Containment Proposal - March Preliminary Budget Approval - June Proposed Levy Certification – September Audit Report – October Truth in Taxation and Final Levy Certification – December Final Budget Approval – December

Budget Process Changes in 05-06

Budget Calendar UFARS Coding Salary & Benefit Budget Process Formulas for FTE, Supplies and Equipment

allocations Budget Reductions School Board Approved Fund Balance Policy Various New Report Formats

Budget Calendar Flow Chart

2005-06 Estimated Year End

Revenue Adjustments – Prior Year Receivables

Shared Time Special Excess Cost Aid

– Special Ed Aid – Updated Pupil Unit

projections – Interest Revenue – E-rate Funding – One Time Energy Dollars

Expenditure Adjustments – Utilities – Legal Fees – Special Ed Tuition – Prior Year City of Savage

Police Liaison – Property Liability

Insurance (savings)

Enrollment Assumptions

Five year history of Average Daily Membership Current year 1st of the month enrollment is compared

to prior year data Survival ratios calculated for the number of students

advancing out of each grade Survival ratios weighted with the most recent year

being weighted the highest Historical birth rates used to projection Kindergarten

enrollment

Enrollment vs. Average Daily Membership

A Resident Students Served Students live in our District and attend school in our DistrictB Resident Enrollment Options Students live in our District but attend school in another DistrictC Resident Tuition Students-MRVSEC MRVSEC students that live in our District, some attend school in our District,

some attend MRVSECD Resident Tuition Students-Other Students live in our District but attend school in another District (I.e Spec Ed)E Non Resident Enrollment Options Students do not live in our District but attend school in our DistrictNote: The District receives state aid for resident tuition students but also pays tuition to the serving District or MRVSEC

How is the Adjusted Average Daily Membership (students) that the District receives funding for calculated?A + C + D + E

When 1st of the month enrollment counts are taken what does that include?A + E + and some of C

How is the District Resident Average Daily Membership calculated (used for operating referendum revenue)?A + B + C + D

Enrollment Projections

582

556

533 54

553

250

9 549 55

4

501 54

6 565

471

435

0

100

200

300

400

500

600

K 1 2 3 4 5 6 7 8 9 10 11 12

ENROLLMENT BY GRADE FOR 1ST PROJECTION YEAR 2006-07

K Enrollment vs. Grade 12

200

300

400

500

600

700

99 '00 '01 '02 '03 '04 '05 '06 '07 '08 '09 10 11

Kindergarten Grade 12

2006-07 Revenue Assumptions

4% basic formula increase for 2006-07 Kindergarten projection 527 7,539 Adjusted Marginal Cost Pupil Units Categorical Revenue

– Spec Ed Excess Cost – Equity Revenue – Gifted & Talented

Interest & Other Local Revenue Federal Programs based on entitlements

2006-07 Expenditure Assumptions

Additional staff positions due to enrollment growth Additional costs to open new buildings Utilities Budget Adjustment Special Education (MRVSEC) Transition

– Early Childhood Special Ed – Speech – Special Education Director

Expenditures increases from 0%-5% Federal Programs based on entitlements

Reserved Fund Balances

Learning & Development Gifted and Talented Basic Skills - ELL & Compensatory (Remedial) Staff Development Operating Capital Safe Schools Health & Safety

Summary of Budgets - All Governmental Fund Types

Summary of Four Funds – General - Includes general,

transportation, operating capital, and special services

– Special Revenue - Includes food service and community service

– Debt Service – Capital Project

Three Sections – Revenues – Expenditures – Fund Balances

General Fund: Revenue by Source

Federal2%

Other Local

2%

State81%

Taxes15%

General Fund: Expenditure by Object

Salaries57%

Purchase Services

19%

Instructional Supplies

4%Other

Expense0%

Capital Expense

2%Benefits

18%

General Fund: Expenditure by Program

Site, Building,

and Equipment

11%

District Support

2%

Instruction47%

Instructional & Pupil Support

17%

Administra-tion4%

Fixed1%

Instruction-Special Ed

17%

Special Services Analysis average 47.9% contribution from general fund

SPECIAL SERVICESHISTORICAL ANALYSIS

2001-02 2002-03 2003-04 2004-05 2005-06 2006-07Other Local 69,149 59,950 145,337 149,620 150,000 125,000

Special Ed Aid 2,797,373 3,401,578 3,355,271 3,331,036 3,444,957 4,049,678Excess Special Ed 312,242 (190,601) (725,747) 702,736 780,490 611,571

Federal 180,929 336,835 518,634 580,108 586,747 768,017REVENUE 3,359,693 3,607,762 3,293,495 4,763,500 4,962,194 5,554,266

Special Ed 5,757,749 5,834,970 6,603,221 7,322,579 8,050,302 8,558,329Transportation 430,502 459,573 551,263 752,530 736,418 803,199

Federal 147,846 385,233 480,914 639,125 594,400 768,017EXPENDITURES 6,336,097 6,679,776 7,635,398 8,714,234 9,381,120 10,129,545

COST TOGENERAL FUND 2,976,404 3,072,014 4,341,903 3,950,734 4,418,926 4,575,279

GEN FD/EXP RATIO 46.98% 45.99% 56.87% 45.34% 47.10% 45.17%

Total PK-12 Operating Expense *State Ave for 2005 Only

70957528 7690 7874

8158 8681

3150

4150

5150

6150

7150

8150

9150

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM

7188

8472

7349

8116

7064

7690

7173

8681

6500

7000

7500

8000

8500

9000

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

District Level Administration *State Ave for 2005 Only

330

243254

368 377362

150

200

250

300

350

400

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM District Level Administration

197

299

258

360

411

254

341362

100

200

300

400

500

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

School Level Administration *State Ave for 2005 Only

201 219224

263

357 364

100

150

200

250

300

350

400

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM School Level Administration

307

416441

273

368

224 232

364

100

200

300

400

500

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

Regular, Career, Activities Instruction *State Ave for 2005 only

3345

3612 3607 3721 3792

4184

275029503150335035503750395041504350

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Regular & Career Instruction

3402

4103

3341

3493

3153

3419

3082

3958

3000310032003300340035003600370038003900400041004200

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

2004-05 Expenditures per ADM Student Activities & Athletics

146 150135

297

195 188

236226

0

100

200

300

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

Special Education Instruction *State Ave for 2005 only

1164 12181311 1377 1388

1533

500

700

900

1100

1300

1500

1700

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Special Education Instruction

1514

1844

14511377 1359

13111239

1533

800900

1000110012001300140015001600170018001900

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

Instructional Support Service *State Ave for 2005 only

633 674 687606 649

382

0

100

200

300

400

500

600

700

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Instructional Support Services

348

278322

603

187

687

446

382

0

100

200

300

400

500

600

700

Shakopee Burnsville Lakeville Chaska Farmington Prior Lake New Prague StateAverage

Pupil Support Services *State Ave for 2005 only

218193 202

230 240 234

0

50

100

150

200

250

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Pupil Support Services

110

246273

230218

203

151

234

0

100

200

300

Shakopee Burnsville Lakeville Chaska Farmington Prior Lake New Prague StateAverage

Operations and Maintenance *State Ave for 2005 only

450

621658

591 597

716

250300350400450500550600650700750

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Operations & Maintenance

477

688

600

513

660 658688

716

400

500

600

700

800

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

Transportation *State Ave for 2005 only

451444

462 457 477 476

250

300

350

400

450

500

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Transportation

458 448

528496

461 462

379

476

200

300

400

500

600

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

Capital Expenditures *State Ave for 2005 only

323328 286

262 281

430

050

100150200250300350400450

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Capital Expenditures

228 222252

474

150

286

379

431

0

100

200

300

400

500

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

Food Service *State Ave for 2005 only

298

335 344 353 356387

050

100150200250300350400

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Food Service

317

385

357

399

359344

333

387

200

300

400

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

Community Service *State Ave for 2005 only

385 374411

500 541

407

0

100

200

300

400

500

600

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Community Service

221

693

409434

367411

260

407

0

100

200

300

400

500

600

700

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

Debt Service *State Ave for 2004 only

1191 1115 1180

14781709

833

0200400600800

10001200140016001800

2003 2004 2005 2006 2007 StateAverage

2004-05 Expenditures per ADM Debt Service

1229

561

888

1414

1633

1180

794 833

400

600

800

1000

1200

1400

1600

1800

Shakopee Burnsville Lakeville Chaska FarmingtonPrior Lake NewPrague

StateAverage

The preparation of this report could not have been accomplished

without the efficient and dedicated services of the District’s staff.

Our appreciation to the School Board for their support in planning and

conducting the financial operations of the District in a responsible and

progressive manner.

Questions and Comments