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Lansing Central School District Budget Update November 13, 2012. Ms. Mary June King, Business Administrator. LONG-TERM BUDGET PERFORMANCE. Annual Revenues vary over past four years; current trend is decreasing revenues - PowerPoint PPT Presentation
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Lansing Central School DistrictBudget Update
November 13, 2012
Ms. Mary June King, Business Administrator
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LONG-TERM BUDGET PERFORMANCE
• Annual Revenues vary over past four years; current trend is decreasing revenues
• District appropriations have increased and currently obligate entire sum of ‘surplus’ funds
• Annual Expenses are increasing at a decreasing rate
• 2011-12 is first time in this administration’s history that expenses exceeded non-appropriated revenues
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LONG-TERM BUDGET PERFORMANCE2008-2009 2009-2010 2010-2011 2011-2012 2012-2013
REVENUE 25,100,000* 24,000,000 24,500,000 24,300,000 24,000,000
BUDG APPR 400,000 1,400,000 1,900,000 2,000,000
EXPENSES 21,900,000 22,800,000 23,500,000 24,200,000 26,000,000
SURPLUS OPS 3,200,000 1,200,000 1,000,000 100,000 (2,000,000)
REV INC YR-TO-YR 14.3 % -4.4 % 2.1 % -0.008 % -0.01 %
EXP INC YR-TO-YR -0.88 % 4.11 % 3.1 % 2.5% 7.44 %
SURPLUS DISTR 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013
UNASSIGNED BAL 900,000 1,000,000 1,400,000 900.000 700,000
APPROPRIATED 400,000 1,400,000 1,900,000 2,000,000
RESERVE ADDS 1,900,000 100,000 200,000 700,000 200,000
RESERVE USES 180,000 500,000 700,0003
FUND BALANCE ANALYSIS(expenses)
• What functions, and components thereof, have been over- or under-spent in previous years?
• Is there a discernible pattern that could/should be corrected for more exact budget planning?
4
ACTUAL EXPENSES 2008 - 2011
2008-2009 2009-2010 2010-2011 2011-2012
TOTAL BUDGET $ 22,838,912 $ 23,944,315 $ 24,377,906 $ 25,275,503
GENERAL SUPPORT 2,644,758 2,835,262 2,668,642 2,567,429
INSTRUCTION 11,473,040 12,157,940 12,158,107 12,237,387
TRANSPORTATION 870,227 976,931 827,451 875,963
UNDISTRIBUTED 6,920,553 6,813,727 7,860,864 8,509,641
TOTAL EXPENSES $ 21,908,579 $ 22,783,860 $ 23,515,064 24,190,420
$ 930,333 $ 1,160,455 $ 862,842 $ 1,085,083
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FUND BALANCE ANALYSIS(expenses)
• General Support: Central Services (salaries and utilities (!) in 11/12), Finance (11/12)
• Instructional: Teaching Regular School, Special Education (08/09 and 10/11, 11/12)
• Transportation: Salaries and overtime (09/10, 10/11, 11/12)• Undistr. Expend: DS (08/09), EB (09/10), wash (10/11), EB
(11/12)
2008-2009 2009-2010 2010-2011 2011-2012
GENERAL SUPPORT $ 344,832 $ 258,063 $ 274,692 $ 428,118
INSTRUCTION $ 483,668 $ 259,654 $ 261,321 $ 186,798
TRANSPORTATION $ 223,476 $ 38,295 $ 240,165 $ 154,998
UNDISTR. EXPEND $ (121,643) $ 604,173 $ 86,664 $ 315,169
TOTALS $ 930,333 $ 1,160,455 $ 862,842 $1,085,0836
FUND BALANCE ANALYSIS(revenue)
• What revenue codes have been over- or under-projected in the past few years?
• Is there a discernible pattern that could/should be corrected for more exact budget planning?
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ACTUAL REVENUES 2008 – 2011
2008-2009 2009-2010 2010-2011 2011-2012
BUDGETED 22,838,912 23,944,315 24,377,906 25,275,503
STATE AID 7,176,026 6,383,245 6,326,142 6,342,673
FEDERAL AID 17,727 1,051,482 455,847 6,375
MISCELLANEOUS 2,705,802 784,801 1,652,139 1,486,719
PILOT 281,864 233,945 2,677,315 2,509,743
TAXES 14,894,065 15,551,688 13,351,157 13,954,451
TOTAL 25,075,484 24,005,161 24,462,600 24,299,961
TAX RATE $ 17.76 $ 17.60 $ 18.48 $ 19.108
FUND BALANCE ANALYSIS(revenue)
• 08/09: Misc $ reflects reclass of liabilities, < taxes reflects BOE decrease of levy in Aug.
• 09/10: State/Fed aid reflects ARRA/ESF, PILOT/Tax reflects TC assessment documentation
• 10/11: state/Fed aid reflects ARRA/ESF, Misc reflects BOCES refund,
• 11/12: Misc reflects budgeted appropriation not utilized
2008-2009 2009-2010 2010-2011 2011-2012
STATE AID $ (6,089) $ (286,033) $ 91,122 $ (128,638)
FEDERAL AID $ (66,646) $ 972,117 $ (30,000) $ (23,625)
MISCELLANEOUS $ 2,112,442 $ 609,926 $ 638,410 $ (955,455)
PILOT $ 31,864 $ (2,979,755) $ 274,915 $ 132,169
TAXES $ (1,079,922) $ 2,482,268 $ (18,751) $ 7
TOTALS $ 991,649 $ 798,523 $ 955,696 $ (975,549)9
FUND BALANCE ANALYSIS
2008-2009 2009-2010 2010-2011 2011-2012
REVENUES $ 991,649 $ 798,523 $ 955,696 $ (975,549)
EXPENSES $ 933,333 $ 1,160,455 $ 862,842 $ 1,129,083
FUND BALANCE $ 1,924,982 $ 1,958,978 $ 1,818,538 $ 153,534
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