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Purpose/Functions of a Budget • School Code requirement
• Reflection of the district’s goals and objectives
• Prerequisite for spending
• Management planning and measurement tool• Monthly budget/actual reports• 5 year projections• Annual audit
• Plan for the receipt and expenditure of resources• Many revenue and expense items are best estimates• Contingencies
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Budget Timeline May 3, 2021
• BOE to establish public hearing and review tentative budget
May 6, 2021• Citizen Finance Advisors to review tentative budget
May 18, 2021• BOE budget workshop
May 19, 2021• Tentative Budget put on public display
June 7, 2021• BOE budget workshop
June 21, 2021• Public hearing on budget • BOE adopts budget (Must be done by law by Sept.30th)
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Budget Process
Fall- Enrollment projections
- Five Year Financial Forecast (5Cast)
- Identify potential budget initiatives or reductions
December- BOE directs development of Tentative Budget
- Adoption of Tax Levy
January - Update Financial Forecast based on December CPI
February/
March
- School sites and departments develop detail
budget based on needs
April - Superintendent/Cabinet reviews detailed
budgets and makes recommendations as needed
May/June - BOE discusses/reviews and approves budget
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Staffing Changes
The following recommended staff changes are based upon enrollment and student needs at the various education levels. These changes were reviewed and approved by the Board of Education at the March 15th meeting.
2020-2021
Actual
2021-2022
Projected Difference
Early Childhood 36.00 36.00 0.00
Elementary Schools 561.61 562.93 1.32
Junior High Schools 301.21 303.02 1.81
High Schools 424.50 427.10 2.60
Student Services (District Level) 192.40 195.20 2.80
Total 1515.72 1524.25 8.53
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Budget AdditionsOther Staffing Positions
FTE Position Rationale
1.0 SSC/Supervisor of Special Education
Additional instructional coaching in the areas of EL and
special education;
Provide leadership for EC blueprint commitment
initiatives
1.0Assistant Superintendent
Administrative ServicesApproved at the 3/15/21 BOE meeting
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Budget AdditionsNew Initiatives
Transportation GPS systemModernization of transportation department -
track buses, students, and route times
$180,000 plus
annual fees
Administrator DevelopmentTwo administrators per year for summer
professional leadership development$10,000/yr
Compensation StudyReview and compare data for Administrative and
Non-Union compensation$75,000
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Return to Learn - Budget Additions
Return to Learn Positions
FTE Position Rationale
14.0 Math SpecialistsIncreased support to more students and professional learning
for teachers
12.0 LBS/ELIncreases ability to co-teach. Support differentiation and
language needs within grade-level curriculum
2.0 Social WorkersAnticipation of increased SEL needs as students transition
back to in person learning
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Return to Learn - Budget Additions
Other Return to Learn Initiatives
K-8 Jump Start Expand to all schools$610,000
10 days
Tutoring Services To provide additional math and writing support $1,530,000
Community Schools Mental health services $4,500
Learning Boot CampsStrengthen skills to help meet essential
standards$51,000
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RevenueLocal Funding
• Property Tax Revenue: Up $7M over FY21• Deferring early (June) taxes
• Total Tax Rate: 4.88%
• Existing EAV: 4% increase
• New property: $25.8M
• $2.7 million in abatements
• Investment income projected down an additional $500k (over $3.5 million from FY20 actuals)
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RevenueState Funding: Down $300K over FY21 budget
• Evidence Based Funding
• Preschool for All Program
• Transportation
• Special Education
Federal Funding: Up $5.5 million over FY21 budget
• America Rescue Plan (ESSER III)
• IDEA
• Title I
• National School Lunch
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Budget Highlights - RevenueFY 2021 FY 2022 DOLLAR PERCENT
Fund BUDGET BUDGET CHANGE CHANGE
Education 229,744,941$ 244,749,603$ 15,004,662$ 6.53%
Cafeteria 4,486,320 4,789,500 303,180 6.76%
O&M 34,925,187 30,110,559 (4,814,628) -13.79%
Land Cash 51,000 75,600 24,600 48.24%
Debt Svs 222,500 185,000 (37,500) -16.85%
Transportation 13,535,741 14,303,737 767,996 5.67%
IMRF/SS 8,754,732 9,189,263 434,531 4.96%
Working Cash 1,003,068 1,007,589 4,521 0.45%
Tort 1,108,395 1,154,418 46,023 4.15%
Total 293,831,884$ 305,565,269$ 11,733,385$ 3.99%
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Budget Highlights - Revenue
FY 2021 FY 2022 DOLLAR PERCENT
Source BUDGET BUDGET CHANGE CHANGE
Property Taxes 249,129,887$ 256,118,267$ 6,988,380$ 2.81%
Other Local 13,301,855 12,848,240 (453,615) -3.41%
Evidence Based Funding 12,664,500 12,664,500 - 0.00%
Other State 9,871,666 9,573,033 (298,633) -3.03%
Federal 8,863,976 14,361,229 5,497,253 62.02%
Total 293,831,884$ 305,565,269$ 11,733,385$ 3.99%
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Budget Highlights - Expenditures
FY 2021 FY 2022 DOLLAR PERCENT
Fund BUDGET BUDGET CHANGE CHANGE
Education 229,749,178$ 243,890,213$ 14,141,035$ 6.15%
Cafeteria 4,949,400 5,153,400 204,000 4.12%
O&M 30,430,737 28,616,990 (1,813,747) -5.96%
Land Cash - - - -
Debt Svs 4,614,371 4,292,785 (321,586) -6.97%
Transportation 13,669,575 13,911,140 241,565 1.77%
IMRF/SS 8,746,839 9,020,670 273,831 3.13%
Working Cash - - - -
Tort 1,476,850 1,415,000 (61,850) -4.19%
Total 293,636,950$ 306,300,198$ 12,663,248$ 4.31%
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Budget Highlights - Expenditures
FY 2021 FY 2022 DOLLAR PERCENT
BUDGET BUDGET CHANGE CHANGE
Salaries & Benefits 223,796,881$ 235,677,492$ 11,880,611$ 5.31%
Professional Svs 22,657,227 25,020,309 2,363,082 10.43%
Supplies & Utilities 15,197,320 16,166,750 969,430 6.38%
Capital Outlay 10,533,296 8,422,879 (2,110,417) -20.04%
Debt Svs Payments 4,614,371 4,292,785 (321,586) -6.97%
Tuition/Other 8,873,054 8,583,636 (289,418) -3.26%
Non Capital Equipment 5,839,800 6,011,347 171,547 2.94%
Contingency 2,125,000 2,125,000 - 0.00%
Total 293,636,950$ 306,300,198$ 12,663,248$ 4.31%
203 West Hillside RoadNaperville, IL 60540
(630) 420-6300
Naperville203.org
@Naperville203
@naperville203
@napervilledistrict203
@Naperville Community Unit School District 203