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[1. Call to Order]
WELCOME. OUR FIRST AND ONLY MEETING IN JULY.SO WE ARE HAVING A SPECIAL WORK SESSION TO HEAR ABOUT BUDGETS.
[A. Budget Process and Impacts - Michelle Scott]
GREAT. HI.I'M HERE TO PRESENT THE PROPOSED 2023-24 BUDGET FOR THE DISTRICT.
AS YOU KNOW, WE'VE BEEN WORKING ON IT FOR MONTHS AND MONTHS AND SO WE HAVE CONSOLIDATED ALL THE INFORMATION AND WE PUT IT IN AND THIS IS WHAT IT LOOKS LIKE.
AND THIS ISN'T THE ENTIRE BUDGET DOCUMENT.
SO WHAT WE'VE DONE IS WE'VE PREPARED A HANDOUT THAT SUMMARIZES THE INFORMATION AND IT'S ALSO A DOCUMENT FOR, YOU KNOW, FOR JUST THE GENERAL PUBLIC AND BOARD THAT'S NOT FAMILIAR WITH BUDGET BECAUSE PART OF IT IS GOING TO BE EXPLAINING THE DOCUMENT, WHAT'S INCLUDED IN THE BUDGET AND AND HOW THE DIFFERENT WAYS OF LOOKING AT EXPENDITURES AND REVENUES ARE.
SO THERE'S SOME DETAILED INFORMATION THERE.
I'D LIKE TO INTRODUCE TO YOU CINDY KLEMM.
SHE IS OUR LEAD FISCAL ACCOUNTANT FOR THE DISTRICT, AND SHE HAS HAD A SHE HAS BEEN WORKING VERY HARD ON THIS BUDGET JUST AS MUCH AS I HAVE.
SO I REALLY HAVE HER TO THANK FOR A LOT OF WORK.
AND I'M GLAD SHE'S HERE TO BE WITH ME TONIGHT TO GO THROUGH THIS WITH YOU.
IT'S A LOT TO GET THROUGH, BUT WE WILL.
AND THEN ONE OF THE THINGS IS, IF YOU HAVE ANY QUESTIONS, MY CONTACT INFORMATION IS ON THE BACK OF THE OF THIS DOCUMENT AND FOR THE PUBLIC AND ANYONE THAT HAS QUESTIONS, THE DOCUMENT THAT WE'RE LOOKING AT IS IS POSTED ON THE WEBSITE FOR THE BOARD, FOR THE BOARD DOCS.
SO THE IF ANYBODY HAS JUST RECENTLY COME INTO THE MEETING, THERE ARE COPIES BY THE FRONT DOOR AND OKAY, LET'S GET STARTED.
THERE'S THE GENERAL FUND, WHICH IS THE THE ONE WITH THE MOST ACTIVITY IN THE BIGGEST MAKES UP THE BIGGEST PART OF THE BUDGET AND ALL THE DETAILS WE HAVE THE ASB FUND, CAPITAL PROJECTS FUND AND DEBT SERVICE FUND, AND WE HAVE HAD STATE FUNDING AND ENROLLMENTS HAVE INCREASED SIGNIFICANTLY FROM THE 22-23 BUDGET AND ALL INCREASES IN FUNDING ARE ALLOCATED IN THIS BUDGET.
SO WE'VE HAD SOME CHALLENGES PUTTING THE BUDGET TOGETHER.
ONE OF THE ONE OF THE BIGGEST CHALLENGES IS THAT ENROLLMENT HAS NOT FULLY RETURNED TO OUR PRE-PANDEMIC LEVELS, BUT WE ARE, BUT SO THAT MEANS THAT THE STATE FUNDING ISN'T COMING IN AS STRONG AS WE WOULD LIKE IT, BECAUSE AS YOU KNOW, WITH ENROLLMENT, BECAUSE THE COMES THE FUNDING.
SO WE'RE STILL DOWN 549 FULL TIME EQUIVALENT FROM PRE-PANDEMIC LEVELS.
THE COST FOR SALARIES AND BENEFITS, SUPPLIES AND PURCHASE SERVICES ARE OUTPACING REVENUE AND THE STATE INCREASED FUNDING FORMULA FOR SPECIAL EDUCATION AND PHYSICAL, SOCIAL EMOTIONAL SUPPORT.
THOSE HAVE ALL BEEN ALLOCATED OUT.
BUT THE DISTRICT MUST STILL USE 9.4 MILLION OF ONE TIME FUNDS TO SUPPORT ONGOING OPERATIONS.
WE'RE GOING TO GET THERE, SO JUST STAY WITH ME.
THE CHALLENGE, THESE CHALLENGES REQUIRED US TO USE FUND BALANCE RESERVES OF $5.45 MILLION FOR ONGOING OPERATIONS, PRIMARILY SALARIES AND BENEFITS, AS WELL AS $3.95 MILLION OF ESSER FUNDS FOR ONGOING OPERATIONS.
AND SO THIS WILL REQUIRE US TO PREPARE FOR SOME POSSIBLE PROGRAM REDUCTIONS IN 2425.
[00:05:04]
WE DON'T KNOW WHAT OUR FUNDING IS FOR 2425, BUT WE HAVE TO GO ON THE ASSUMPTION OF WHAT WE KNOW RIGHT NOW AS OUR FUNDING LEVELS.SO JUST HIGHLIGHTED PROGRAM INFORMATION IS GOING TO BE ON INCREASING ENROLLMENT STAFFING INCREASE.
ITS FUNDING AND SPECIAL EDUCATION.
AND JUST TO BE CLEAR TO SOME OF THE FUNDING INCREASES THAT WE'VE RECEIVED, LIKE SPECIAL EDUCATION, BILINGUAL PSA, YOU KNOW, SOME OF THOSE ARE FROM ENROLLMENT TO THE BILINGUAL.
THOSE HAVE ALL BEEN ALLOCATED OUT TO THOSE PROGRAMS. AND SO IT'LL ALSO INCLUDE A CURRICULUM, ADOPTIONS FOR SCIENCE GRADES SIX THROUGH 12 AND SOCIAL STUDIES FOR GRADES NINE THROUGH 12, AS WELL AS MAINTAINING SOME OF OUR CURRENT OUR CURRENT ADOPTIONS AND CONTINUING THOSE ADOPTIONS BECAUSE WE DON'T EXPEND ALL OF THOSE ADOPTIONS IN ONE YEAR.
THOSE ADOPTIONS ARE ONGOING COMMITMENTS IN CONTRACT TO SUBSCRIPTIONS AND CONSUMABLES. AND THE INFORMATION.
THIS IS REALLY IMPORTANT IN THIS BUDGET UPDATE IS, IS THAT IS THAT THE WAY THE F 105 DOCUMENT WORKS? IS THAT YOU? IT INCLUDES THE ACTUAL FOR 21-22, THE BUDGET FOR 22-23 BECAUSE WE DON'T HAVE THE ACTUALS YET.
OUR FISCAL YEAR ENDS 8/31 AND IT INCLUDES THE BUDGET FOR 23-24.
SO THAT'S THE WAY THIS DOCUMENT IS PUT TOGETHER.
SO YOU'RE GOING TO SEE SOME WOW, THAT ENROLLMENT IS REALLY INCREASING.
IT'S BECAUSE IT'S LOOKING AT OUR ORIGINAL BUDGET FOR 22-23.
IT'S A STATE PROVIDED DOCUMENT, THE F 195, AND WE'RE REQUIRED TO USE IT.
SO THAT'S WHAT WE'RE FOLLOWING TO PUT THIS TOGETHER.
SO I'VE TRIED TO HIGHLIGHT SOME OF THOSE THINGS LIKE ENROLLMENT.
AND ALTHOUGH YOU CAN SEE THERE'S A HUGE JUMP FROM THE 22-23 BUDGET, REALLY IT'S ONLY AN ADDITIONAL AND THIS IS GREAT 243 FTE OVER OUR CURRENT ACTUALS RIGHT NOW THAT WE HAVE.
SO WE HAVE SO BASICALLY FROM NOW TO NEXT YEAR, WE'RE PROJECTING AN ADDITIONAL 243 ADDITIONAL FTE.
CAN I ASK A QUESTION? YEAH, I GUESS I'M CONFUSED.
IT SAYS ON THE PREVIOUS PAGE PRE-PANDEMIC LEVELS OF 549 FULL TIME 549 FTE FEES.
AND THEN IF THAT'S PRE-PANDEMIC, ARE WE THE FTE OF 619? THAT'S WHAT IT'S INCREASED FROM THE BUDGET TO BUDGET.
SO WE'RE ACTUALLY GOING TO BE BEYOND THE PRE-PANDEMIC YEARS.
NO, WE'RE GOING TO STILL BE BELOW PRE-PANDEMIC LEVELS BY 549 FTE.
SO THE DECLINE IS WE'VE LOST 549.
WE'RE WE STILL HAVE THAT GAP BETWEEN BETWEEN THE 1920.
THAT'S THE GAP. THE GAP THE TOTAL LOSS AT PANDEMIC WAS RIGHT AROUND 1000 STUDENTS.
SO RIGHT IN THAT 979, 940 SOMETHING SOMEWHERE RIGHT IN THERE.
OKAY. YEAH. SO SOME OF THAT ENROLLMENT INCREASE IS WE'VE ADDED A TRANSITION TO KINDERGARTEN CLASS. WE'VE ADDED ONE MORE TWO FOR CAPTAIN STRONG PRIMARY.
SO THAT INCREASES ENROLLMENT THERE.
AND THEN WE ALSO ARE JUST, YOU KNOW, OUR DEMOGRAPHER, WE LOOKED AT OUR DEMOGRAPHY REPORTS.
WE'RE LOOKING AT, YOU KNOW, ALL THE BUILDING THAT'S GOING ON AND WE'RE LOOKING AT.
SO THERE'S A LOT OF WORK THAT HAS GONE INTO THIS.
WE'RE REALLY HOPEFUL FOR THAT ENROLLMENT TO COME IN RIGHT AT THOSE LEVELS.
WE WE FELT THAT THAT WAS AN APPROPRIATE WAY TO BUDGET.
SO AGAIN, THERE'S JUST ANOTHER SO ONE OF THE THINGS THAT'S IMPORTANT IS FOR THE COMPREHENSIVE SCHOOLS IS THAT, YOU KNOW, THAT WE HAVE DIFFERENT CATEGORIES.
SOME OF THOSE ARE PASS-THROUGH CATEGORIES.
SO YOU HAVE RUNNING START AND IS A PASS-THROUGH CATEGORY AND YOU CAN SEE THE ALLEY INCREASES AND THE COMPREHENSIVE AGAIN, I'M GOING TO GIVE YOU THE ACTUALS ARE IN THE BOARD MEETING THAT WE HAVE.
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SO AS A STAFF UPDATE FOR THE ACTUALS WHERE WE'RE AT NOW SO THAT YOU CAN LOOK AT THOSE AGAINST OUR BUDGET.WHEN WHEN YOU CHANGE PAGES, CAN YOU LET US KNOW THAT YOU'RE CHANGING PAGES? SURE. MOVING TO PAGE FOUR.
SO LET'S MOVE ON TO SOURCES OF REVENUE FUNDING.
SO AS YOU CAN SEE BY THE GRAPH, 75.4% IS FROM THE STATE AND THAT INCLUDES STATE GENERAL PURPOSE AND STATE SPECIAL PURPOSE.
THE FEDERAL SPECIAL PURPOSE, AND THIS IS QUITE HIGH BECAUSE OF THE ESSER FUNDING IS 9.2%.
AND THEN WE HAVE OUR LOCAL TAXES, WHICH IS OUR LEVY FUNDS OF 13.1% OF THE REVENUE.
AND THEN THERE IS SOME SCATTERED IN THERE.
THERE'S SOME LOCAL NON TAX SUPPORT WHICH IS PASS THROUGH FEES, THROUGH COMMUNITY EDUCATION, FOOD SERVICE, THINGS LIKE THAT THAT PASS THROUGH SO THAT ARE THINGS THAT ARE COLLECTED.
SO THAT'S CONSIDERED LOCAL NON TAX SUPPORT.
PAGE FIVE. MICHELLE, CAN I ASK ONE QUICK QUESTION? SO YOU SAID THAT THE FEDERAL AND SPECIAL PURPOSE INCLUDED THE ESSER FUNDS FOR NOW, YES.
OKAY. WHAT'S THE DIFFERENCE IN SPECIAL VERSUS GENERAL PURPOSE? SO AND THAT'S INCLUDED IN THIS DOCUMENT.
SO ON PAGE FIVE, YOU WILL SEE THAT THE STATE GENERAL PURPOSES INCLUDES AND INCLUDES REVENUE IS DOWN BELOW ON THE BOTTOM WHERE IT STARTS WITH LOCAL TAXES.
AND THEN THE SPECIAL PURPOSE INCLUDES LIKE LAP FUNDING, LEARNING ASSISTANCE PROGRAM, BILINGUAL HIGH CAP PROGRAM, TRANSPORTATION, THOSE TYPES OF PROGRAMS. SO SO YOU CAN SEE HERE FROM LOCAL TAXES, OUR BUDGET AT THE TOP OF THE PAGE FIVE IS FOR 2324, LOCAL TAXES IS $29 MILLION.
GENERAL PURPOSE IS $125.9 MILLION.
AND STATE SPECIAL PURPOSE IS $41.5 MILLION.
AND THEN WE HAVE WE'RE USING FOR FEDERAL, WHICH INCLUDES THE ESSER FUNDS $20.3 MILLION.
AND OF THAT $7 MILLION IS ESSER IS INCLUDED IN THERE.
WILL THAT WILL BE EXHAUSTED THIS YEAR.
SO IT WILL BE COMPLETELY USED UP.
MY BELIEF IS THAT WE WILL NOT LEAVE ANY OF THIS OR MONEY ON THE.
IS THAT WHEN THAT DRIES UP, IS THAT GOING TO LEAVE US IN A DEFICIT? YES. YES.
WE'RE GETTING THERE. SO WE DID RECEIVE A 3.7% INFLATIONARY INCREASE FOR BASIC EDUCATION FUNDED SALARIES.
AND WE DID RECEIVE A REBASE FOR REGIONALIZATION FOR OUR FOR OUR CERTIFICATED INSTRUCTIONAL SALARIES ONLY, NOT FOR EVERYTHING.
AND AND I WANT TO EXPLAIN THAT THAT REBASING OF THE CERTIFICATE SO OUR CERTIFICATED INSTRUCTIONAL STAFF IS ON AVERAGE GREATER IN THE STATE AVERAGE FOR OUR DISTRICT.
SO THAT'S BEING LOOKED AT BY THE STATE.
AND WHAT THEY'RE SAYING IS WE'RE GOING TO GO AHEAD AND HELP FUND THAT BECAUSE YOU'RE WE'RE NOT PROVIDING ENOUGH RESOURCES TO YOU TO FUND THAT EXPERIENCE.
AND SO THE PROBLEM IS, THOUGH, IS THAT WHEN YOU HAVE THAT, IT STILL DOESN'T QUITE IT'S NOT A IT'S NOT A 4% ALL THE WAY AROUND BECAUSE THE SALARIES ARE GREATER.
WE'RE SPENDING GREATER THAN THE STATE IS EVEN WITH THE IPD AND THE AND THE 4% INCREASE.
[00:15:04]
82,961 FROM THE STATE.THAT'S THE FUNDING FOR A BASE SALARY FOR A CERTIFICATED INSTRUCTIONAL STAFF.
HOWEVER, WE HAVE BUDGETED 90,403 ON AVERAGE, SO WE ARE ABOVE THE STATE ALLOCATION IN CERTIFICATED INSTRUCTIONAL STAFF FUND SALARY BASE SALARY.
IS THAT OUR ACTUAL AVERAGE? YES. BUDGETED.
THAT'S OUR BUDGETED AVERAGE FOR NEXT YEAR IN OUR BUDGET BECAUSE THAT'S WHERE WE'RE PROJECTING OUR ACTUAL TO BE, RIGHT? YES. OKAY. YES.
WHAT WE DO IS WE ROLL EVERYBODY UP, THEIR EXPERIENCE, WE APPLY THE IPD, WE APPLY, WE'VE APPLIED, APPLIED SOME INCREASES.
AND WHAT THAT DOES IS WE'RE LOOKING AT A 90,408 BASED ON OUR ACTUAL SALARIES THAT WE HAVE IN OUR IN OUR PLAN, OUR BUDGET PLAN.
BY THE TIME THEY COMPLETE THE STUDY, OUR STAFF MIX HAS CHANGED.
USED TO BE PRIOR TO THE MCCLEARY DECISION, WE WOULD SEND OUR ACTUAL EXPERIENCE TO THE STATE AND THEY WOULD FUND US EXACTLY ON WHAT OUR EXPERIENCE WAS.
AND THEY WERE ABLE TO DO THAT BECAUSE WE WERE ON A STATEWIDE SALARY SCHEDULE.
BUT BECAUSE EVERYBODY'S GOT A DIFFERENT SALARY SCHEDULE ACROSS THE STATE, THEY HAVE TO COME UP WITH AN AVERAGE THAT THEY FUND US FOR EACH STAFF MEMBER THAT WE HIRE, THAT WE EMPLOY. BUT JUST TO GIVE YOU AN IDEA, SO IF YOU LOOK AT THE 82 961 IS WHAT WE GET, BUT OUR SPENDING IS 9403.
THAT'S A DIFFERENCE OF ABOUT $8,500.
YOU MULTIPLY THAT BY 800 CERTIFICATED EMPLOYEES, THAT'S LIKE $6.5 MILLION.
THAT'S NOT UNIQUE TO THIS DISTRICT.
I JUST THINK IT'S IMPORTANT TO KNOW IT'S NOT UNIQUE TO THIS DISTRICT.
NOT AT ALL. VERY TRUE. SO BUT BUT WHAT'S IMPORTANT TO ALSO KNOW IS THAT THIS REBATE CAN BE IT CAN GO AWAY. RIGHT. IF OUR IF IT GOES DOWN.
NOW, CURRENTLY, THE STATE IS REBASING EVERY FOUR YEARS.
SO RIGHT NOW THIS HAS BEEN BUDGETED AT THE STATE TO GIVE BATTLE GROUND THIS FOR FOUR YEARS.
BUT AFTER FOUR YEARS GOES AWAY, IT COULD BE REDUCED DOWN AND WE MAY NOT GET IT ANY LONGER.
OTHER DISTRICTS THAT HAVE EXPERIENCED THAT, THAT'S A HUGE HIT ON THEM.
AND WHEN THERE ISN'T IT ALSO TRUE, MICHELLE, THAT THEY ONLY DO THAT REBASING WORK FOR CERTIFICATED INSTRUCTIONAL STAFF? SO WHILE THOSE SAME FACTORS MAY HAPPEN WITH YOUR ADMINISTRATIVE STAFF, YOUR CLASSIFIED STAFF, THAT THEY GET MORE SEASONED AND THEREFORE COST MORE. THERE'S NOT AN INDIVIDUAL LOOK DISTRICT BY DISTRICT AT THOSE STAFFING COSTS.
IT'S ONLY FOR CERTIFICATED INSTRUCTIONAL STAFF.
WHEN DOES THAT EXPIRE? WELL, WE JUST GOT IT. SO THIS WILL BE OUR FIRST YEAR.
SO FOUR YEARS FROM SO 24, 25, 26, 27.
SO THE WAY FUNDING IS, IS THAT IT'S IT'S IT'S BASED ON THE RUNNING START RATE.
SO THE WAY THAT THE STUDENTS ARE FUNDED.
SO THAT RATE WAS ONLY INCREASED 2.3%.
SO FOR THE ENTIRE ALL OF OUR PROGRAMS THAT SALARY IS BENEFITS.
ALL OF THAT WAS INCREASED 2.3%.
AND THEN FOR OUR SOCKS, WHICH IS MAINTENANCE SUPPLIES AND OPERATING COSTS, THAT WAS THAT WAS INCREASED 3.1%. SO I'VE HIGHLIGHTED SOME OF THE REVENUES.
AND THE AND I'M SORRY, IT WAS $7.9 MILLION OF ESSER THAT WILL EXPIRE IN 2324.
SO THAT THE BUDGET INCLUDES $7.9 MILLION.
ALL RIGHT. MOVING ON TO PAGE SIX.
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SO YOU CAN SEE WITH STAFFING, WE HAVE INCREASED IN STAFFING FROM THE CURRENT BUDGET OF 856 AND 505.WE HAVE INCREASED 27 CERTIFICATED EMPLOYEES AND 22 FTE OF CLASSIFIED EMPLOYEES.
AND WE'VE ACTUALLY FROM 21-22, WE'VE HAD A LARGE INCREASE FROM 21-22.
AND SO JUST IT'S CLASSROOM TEACHERS, SPECIAL EDUCATION TEACHERS, BILINGUAL TEACHERS.
WE DID HAVE A REDUCTION OF A DIRECTOR OF INSTRUCTIONAL LEADERSHIP AND FOR CLASSIFIED IT COMES BACK TO PUPIL MANAGEMENT, SUPPORT, OFFICE SUPPORT AIDES, SPECIAL EDUCATION ASSISTANCE, BILINGUAL ASSISTANTS.
AND WE HAVE DECREASED THE ISOLATION ROOM.
ATTENDANCE POSITIONS ARE NO LONGER NEEDED AND OR FUNDED.
AND THEN ALSO OUR ROAMING PARA EDUCATOR PROGRAM, WE'VE PULLED BACK ON THAT PROGRAM.
ASK THE QUESTION, YEAH, THE STAFFING LEVELS, THEY'VE INCREASED.
ARE WE AT OR ABOVE THE PRE-PANDEMIC STAFFING LEVELS? I WOULD HAVE TO GO BACK AND LOOK AT THAT.
I KNOW FOR CLASSIFIED, I CAN SAY THAT FOR CLASSIFIED, BUT THAT HAS TO DO.
I'D HAVE TO LOOK AT CERTIFICATED.
WE WERE ADDING PROGRAMS TO SERVE KIDS POST PANDEMIC AND WE'RE GOING TO HAVE TO THAT'S WHEN WE TALKED ABOUT THE POSSIBILITY OF CUTS. ALL OF THOSE FUNDED POSITIONS THAT WE'VE BEEN USING ESSER MONEY IN MAY HAVE TO GO AWAY.
BUT THOSE HAVE ALL BEEN WE'VE BEEN FUNDING SOME COUNSELORS, SOME NURSES, SOME EXTRA SUPPORTS.
AND THAT'S THE STRUGGLES WITH ONE TIME MONIES IS YOU BECOME RELIANT ON THEM.
YEAH, YOU ALMOST GET FORCED INTO IT.
YEAH. OKAY. MOVING ON TO EXPENDITURES BY ACTIVITY.
SO I'M GOING TO YOU CAN SEE THERE IS A GRAPH THERE, BUT LET'S MOVE TO PAGE SEVEN AND LOOK TEACHING ACTIVITIES, CLASSROOM TEACHERS SUPPLIES, EXTRACURRICULAR AND TEACHING SUPPORT, WHICH IS COUNSELORS, LIBRARY SECURITY, HEALTH SERVICES, INSTRUCTIONAL PROFESSIONAL DEVELOPMENT, LEARNING TECHNOLOGY CURRICULUM.
BUILDING ADMINISTRATORS IS PRINCIPALS AND OFFICE SUPPORT AND CENTRAL ADMINISTRATION IS THE BOARD DIRECTORS, SUPERINTENDENTS, OFFICE, BUSINESS OFFICE, HUMAN RESOURCE.
PUBLIC RELATIONS. INSTRUCTIONAL SUPERVISIONS AND ON OPERATIONS SUPERVISORS.
SO THOSE ARE THE CATEGORIES IN THE EXPENDITURES BY ACTIVITY.
UM THE EXPENDITURES BY OBJECT.
AS YOU CAN SEE ON THE GRAPH ON PAGE SEVEN THAT SALARIES AND BENEFITS ARE MAKING UP.
IT'S 77.6, BUT ROUNDING IT'S REALLY 77.7.
SO IT WHEN YOU ADD THEM UP, IT SAYS 77.6, BUT IT'S REALLY 77.7 ROUNDED UP, BUT IT'S REALLY CLOSER TO ABOUT 80. WE'RE BUDGETING ABOUT 84% WILL BE IT WOULD BE OUR SALARIES AND BENEFITS IF WE DIDN'T HAVE CONTRACTED TRANSPORTATION AND FOOD SERVICES.
THOSE CONTRACTS ARE VERY LARGE.
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THOSE WERE IF THOSE WEREN'T CONTRACTED SERVICES OUT.SO IT'S IMPORTANT TO KNOW THAT WE DO YOU MAY HEAR THAT WE DON'T MEET THE STATE AVERAGE.
WELL WE HAVE TWO BIG HUGE CONTRACTS OF SERVICES.
WHAT IS THE STATE AVERAGE? THE STATE AVERAGE IS 82.8, AND SIMILAR SIZED DISTRICT IS 82.4.
ON PAGE EIGHT? IT'S ON PAGE EIGHT.
YEP. AND SO AGAIN, SO CERTIFICATED SALARIES IS ABOUT $94 MILLION CLASSIFIED SALARIES IS $35.6 MILLION.
BENEFITS AND PAYROLL TAXES IS 51 MILLION.
AND THEN SUPPLIES AND MATERIALS IS $18 MILLION AND PURCHASE SERVICES IS $32.2 MILLION.
AND THEN YOU HAVE SOME TRAVEL AND CAPITAL OUTLAY.
SO TOTAL EXPENDITURES, 232,000,163 835.
MOVING ON NEXT TO AND I'M SORRY, LET ME JUST COME BACK TO THAT.
ON SUPPLIES AND MATERIALS, WE DO HAVE CAPACITY THAT WE PUT IN THERE FOR GRANTS FOR ENROLLMENT INCREASES, DONATIONS, THINGS LIKE THAT THAT THEIR FUND BALANCE NEUTRAL.
SO WE PUT THE CAPACITY THERE, BUT WE ALSO PUT IT IN REVENUE.
SO IT DOES NOT IT'S COMPLETELY FUND BALANCE NEUTRAL.
HOWEVER, WE DO HAVE OUR CURRICULUM ADOPTIONS IN THERE.
AND THIS THE CURRICULUM ADOPTION EXPENDITURES IS THE 23-24 CURRICULUM ADOPTION AND SOME ADOPTION EXPENDITURES FROM THE CURRICULUM ADOPTION WE STARTED THIS YEAR.
SO THOSE ARE CONSIDERED ADOPTIONS THAT ARE KIND OF ONGOING AND NEW.
OKAY. EXPENDITURES BY PROGRAM.
I'M NOT GOING TO SPEND A LOT OF TIME ON THIS PARTICULAR AREA.
THE INFORMATION IS THERE FOR YOU TO GO THROUGH COMPENSATORY EDUCATION.
EVERYBODY ASKS, WHAT IS THAT? AND THAT'S GOING TO BE YOUR TITLE PROGRAMS, YOUR LEARNING ASSISTANCE PROGRAMS, BILINGUAL PROGRAMS, STATE GRANTS.
SO THERE WILL BE SO THERE'S INFORMATION ON THAT.
SO TALKING ABOUT USE OF ESSER FEDERAL FUNDS.
SO THE GRANT BUDGET OF $7 MILLION IS PRIMARILY SO I HAVE 7.9 AND 7 MILLION.
SO I'VE GOT TO GO BACK AND LOOK AT THAT.
GET IT. WELL, $7 MILLION IS THE ESSER GRANT, SO THAT MUST BE A TYPO THAT I HAD WITH THE 7.9.
SO, SO $7 MILLION PRIMARILY FOR SALARIES AND BENEFITS.
AND IT'S INCLUDING EXTRA STAFF AND A RESPONSE TO THE PANDEMIC AND CONTINUITY OF ONGOING SERVICES AS ALLOWED BY THE GRANT.
SO AS WE EXPLAINED IN THE BEGINNING, WE ARE USING $3.95 MILLION OF ESSER FUNDS FOR NORMAL OPERATIONS THAT WE WOULD NORMALLY HAVE GOING FOR OUR DISTRICT.
$3.1 MILLION OF THAT IS GOING IS GOING TO BE USED FOR RESPONDING TO THE PANDEMIC WITH EXTRA COUNSELORS, PSYCHOLOGISTS, EXTRA SERVICES THAT WERE OFFERING FOR STUDENTS.
SO IT'S $7 MILLION IS A LOT OF MONEY THAT WE'RE SPENDING NOW ON THESE PROGRAMS TO SERVE STUDENTS.
AND IT GOES AWAY AT THE END OF THIS YEAR, THIS BUDGET YEAR.
SO THAT'S SO AND IT'S IMPORTANT TO KNOW THAT THE EXPENDITURES FOR ESSER, THEY ARE LIKE THE REVENUES THERE AND THE EXPENDITURES THERE.
IT DOESN'T MESS WITH YOUR FUND BALANCE.
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THAT'S JUST A AGAIN, ADDITIONAL INFORMATION OF USING SOME LEVY FUNDS AND ASSIGNED FUND BALANCE.JUST PEOPLE LIKE TO KNOW WHAT WE'RE SPENDING OUR LEVY FUNDS ON.
SO THAT'S JUST A SUMMARY, HIGH LEVEL SUMMARY OF IT.
AND MOVING TO PAGE TEN IS THE BUDGET SUMMARY.
SO OUR TOTAL REVENUES IS 221,946,558. OUR TOTAL EXPENDITURES IS 232,163,835. WE DO HAVE A TRANSFER OUT TO DEBT SERVICE FOR A SMALL NON VOTED DEBT THAT WE'VE HAD ONGOING FOR YEARS AT AND THAT IS 326,600.
SO EXPENDITURES ARE EXCEEDING REVENUE BY $10 MILLION, 530,000 543,977.
OUR BEGINNING FUND BALANCE IS 37 MILLION.
100,000 IS THE IS THE ESTIMATED BEGINNING FUND BALANCE FOR THE 23-24.
OUR ENDING FUND BALANCE AFTER TAKING OUT THESE EXPENDITURES EXCEEDING REVENUE IS 26,556,023.
I WANT TO SPEND SOME TIME ON FUND BALANCE AND TALKING ABOUT FUND BALANCE SO THAT YOU CAN UNDERSTAND WHAT'S BEEN IMPACTED, WHAT'S STILL THERE, WHAT WE'RE LOOKING AT.
SO THE FIRST THING ON FUND BALANCE, SO WE'RE TALKING ABOUT WE'RE LOOKING AT THE FUND BALANCE RESERVES IS WE'RE LOOKING AT THE FIRST IF YOU LOOK OFF TO THE LEFT SIDE, YOU'LL SEE RESTRICTED FOR CARRYOVER OF RESTRICTED REVENUES, NON SPENDABLE FUND BALANCE INVENTORY AND PREPAID ITEMS RESTRICTED FOR SELF-INSURANCE AND UNINSURED RISKS.
SO YOU'LL SEE THOSE AREAS ARE NOT AVAILABLE TO BE USED FOR OPERATIONS.
IT'S CARRIED OVER OF REVENUE AND LAB.
THE NON SPENDABLE FUND BALANCE OF INVENTORY AND PREPAIDS WE HAVE WAREHOUSE INVENTORY AND THEN WE HAVE A PRETTY HIGH PREPAID WITH OUR INSURANCE INVOICES ABOUT $2 MILLION.
AND THEN WE HAVE THEN WE WERE PREPAYING FOR SOME OF OUR SUBSCRIPTION SERVICES FOR OUR CURRICULUM, WHICH CREATES A HIGH PREPAID BALANCE.
SO AND THOSE ARE RESTRICTED BECAUSE THEY'VE ALREADY BEEN PAID OUT AND WE'LL BE EXPANDING THOSE.
THAT MONEY HAS TO BE RESTRICTED.
AND THE SO THEN YOU GET DOWN TO YOUR ASSIGNED FOR OTHER PURPOSE AND YOUR UNASSIGNED FUND BALANCE AND YOUR UNASSIGNED TO MINIMUM FUND BALANCE POLICY.
SO WE ARE STILL ANTICIPATING THE 6% IN THE UNASSIGNED TO MINIMUM FUND BALANCE POLICY.
AND THIS IS A BOARD FUND BALANCE POLICY THAT WE HAVE.
THE UNASSIGNED FUND BALANCE, WE DO PROJECT TO HAVE $4 MILLION AT THE END OF THE THIS YEAR.
AND IN OUR ASSIGNED FUND BALANCE, WE HAVE $14.3 MILLION WE ANTICIPATE STILL HAVING.
SO THOSE YOU HAVE TO REMEMBER THAT THOSE BALANCES HAVE BEEN HIGH BECAUSE WE'VE BEEN RECIPIENTS OF ENROLLMENT STABILIZATION OF $16.3 MILLION ESSER FUNDS $11.7 MILLION.
SO WE'VE HAD $27.8 MILLION SO FAR TO DATE COME INTO THE DISTRICT THAT HAS HELPED WITH THAT FUND BALANCE AND HAVING THOSE AND WE'VE BEEN VERY TRANSPARENT ABOUT THIS AS ENROLLMENT STABILIZATION, WE'RE GOING TO BE USING IT FOR THE NEXT YEAR TO KEEP GOING AND SUPPORTING OPERATIONS.
THIS IS OUR LAST YEAR BUDGETED THAT WE WOULD HAVE ANY UNASSIGNED FUND BALANCE, THAT WE WOULD TAKE ALL THAT OUT AND THEN FROM THE ASSIGNED TO OTHER PURPOSE, WHAT IS IN THAT CATEGORY IS SUPPORT FOR ONGOING PROGRAMS SUCH AS.
[00:35:05]
IMPROVEMENTS AND BUILDING AND DONATION CARRY OVER FUNDS FOR EXPANDING IN THE FUTURE.SO UNSPENT DONATION MONEY THAT'S COME IN.
I'M YOU WOULD BE SURPRISED WHEN YOU ADD THE NUMBER OF SCHOOLS THERE ARE AND YOU START TO ADD UP THESE LITTLE YOU KNOW, THEIR BUCKETS OF MONEY THAT ARE CARRYING OVER FROM ALL THESE DIFFERENT AREAS.
IT ADDS UP TO $1 MILLION BEFORE YOU KNOW IT.
AND SO AND THOSE MONEY NEED TO BE SPENT FOR THE ASSIGNED PURPOSE OF THOSE OF THOSE FUNDS.
SO THE SO ON THE NEXT PAGE AND WE CAN COME BACK TO THIS PAGE, BUT I JUST WANT TO FLIP TO THE NEXT PAGE FOR A MOMENT. THAT'S PAGE 11, WHICH IS PAGE 11.
AND I WANT TO SHOW YOU WHAT WERE USING THE ASSIGNED TO OTHER PURPOSE AND UNASSIGNED FUND BALANCE.
SO THE FIRST THING WE'RE USING FOR SOME OF OUR ASSIGNED SET ASIDE IS BECAUSE WE SAID WE WERE GOING TO ASSIGN SOME FOR CURRICULUM ADOPTIONS SO THAT $4.4 MILLION OF CURRICULUM ADOPTIONS IS FOR CONTINUING A 22-23 ADOPTION ON AND A NEW OR THIS NEW ADOPTIONS FOR 23-24.
WE ALSO HAVE CLASSROOM SUPPLIES THAT WE FUND OUT.
SO WE EXPECT THAT TO BE ABOUT $150,000.
PUBLIC RELATIONS, THE OPERATIONS AND CAPITAL IMPROVEMENTS OF 600,000 HAS BEEN SET ASIDE AND SOCIAL EMOTIONAL LEARNING AND TECHNOLOGY.
SO THOSE WERE DEFINED IN THE ASSIGNED FUND BALANCE AS PROGRAMS THAT WE WERE GOING TO SUPPORT AND CONTINUE TO SUPPORT WHILE WE HAVE THAT MONEY AVAILABLE.
ONGOING OPERATIONS IS THE VERY LAST ITEM.
SO THIS IS YOUR 5.4, $5 MILLION THAT WE'RE USING A FUND BALANCE FOR ONGOING OPERATIONS.
SO YOU'RE USING ABOUT $1.4 MILLION OF YOUR ASSIGNED FOR OTHER PURPOSE, WHICH WILL TAKE AWAY FROM OTHER PROGRAMS. BUT THE USE OF A UNASSIGNED FUND BALANCE IS THE $4 MILLION.
DOES ANYBODY HAVE ANY QUESTIONS? WILL YOU POINT ME BACK TO WHERE THE 5.45 MILLION FOR ONGOING OPERATIONS IS NOTED PREVIOUSLY, OR IS IT? IT'S IN THE EXECUTIVE SUMMARY.
I ASK ONE MORE? SURE. SO ON YOUR 176 PAGES, ON PAGE 13, THERE'S ESSER FUNDS OF 7.9 MILLION.
AND ON PAGE 18, THERE'S ESSER FUNDS OF 7 MILLION.
CAN YOU TELL ME THE DIFFERENCE BETWEEN THOSE TWO SECTIONS? PAGE 13.
YEAH. YOU KNOW, I'M LOOKING AT THIS AND IT HAS THIS.
YOU'RE RIGHT, IT SAYS 7.9 ON 13.
BUT WHEN YOU GO TO THE PROGRAM, I DON'T KNOW IF THAT'S A PROGRAMING ISSUE.
I'LL HAVE TO LOOK AT THAT BECAUSE WHEN I LOOK AT THE OBJECTS OF EXPENDITURES FOR PROGRAM 13.
IT'S GOT A TOTAL OF $7 MILLION AND THIS WAS ALL PRINTED AT THE SAME TIME.
THANK YOU. OKAY. AND THAT'S THAT'S THAT'S A GOOD REASON THAT WE GO THROUGH THIS ALL TOGETHER SO THAT WE CAN, YOU KNOW, IF THERE'S ANY LITTLE THINGS STICKING OUT THERE THAT LOOK ODD, WE CAN ADJUST.
SO, OKAY, SO I'M JUST WANT TO MAKE SURE I'M UNDERSTANDING THIS 5.45 MILLION THAT WE'RE USING THIS YEAR FROM FUND BALANCE IS GOING TO HAVE TO COME FROM SOMEWHERE FOR THE NEXT BUDGET YEAR OR WE ARE GOING TO HAVE TO BE CUTTING SOME PROGRAMS. YEAH. YES.
YES, THAT'S THE IMPACT ONGOING.
WE HAVE TO PROJECT ENROLLMENT AND WE SHOW SOME INCREASES.
LIKE AS YOU KNOW, THE DEMOGRAPHER SHOWED US.
BUT THE CHALLENGE WILL BE IS NOT ONLY THE $5.45 MILLION OF THE FUND BALANCE USE AND THE $3.95
[00:40:09]
MILLION OF USING ESSER FUNDS.BUT ALSO WE HAVE OTHER ESSER FUNDS THAT WE'VE BEEN USING FOR PROGRAMS. AND IT'S YOU KNOW, WE'VE SO THERE'S ALREADY GOING TO BE AN IMPACT ON PROGRAMS. AND THEN AS WELL WE HAVE WE HAVE TO MAKE UP THE DIFFERENCE AND REVENUE IS GOING TO BE IMPORTANT.
I MEAN, WHEN WE PUT OUR PROJECTIONS TOGETHER, THAT'S WHAT WE'RE GOING TO KNOW AT THE TIME AND WE WILL HAVE TO PREPARE FOR THAT, FOR ADJUSTING THE BUDGET, BECAUSE AT SOME POINT YOU'RE NOT GOING TO HAVE THE AVAILABLE FUND BALANCE AND THE AVAILABLE.
WE DON'T HAVE THE ESSER FUNDS.
SO WE TALKED SEEMS LIKE LAST YEAR ABOUT THIS CLIFF AND THIS IS THE CLIFF THAT YOU WERE REFERRING TO.
UM, AND I MEAN, OBVIOUSLY NOW IT'S STARTING.
OKAY. SO LET ME GO THROUGH THE REST OF LET ME GO THROUGH THE SUMMARY.
I THINK WE'VE PRETTY MUCH YOU KNOW, WE'VE KIND OF TALKED ABOUT THIS IN THE SUMMARY.
AND I THINK THE LAST BULLET ON PAGE 11, YOU KNOW, IT'S THE STATE FUNDED INFLATIONARY INCREASES FROM THE STATE ARE NOT KEEPING UP WITH INFLATIONARY INCREASES FOR SUPPLIES AND FUEL AND PURCHASE SERVICES AND LABORS.
INFLATION HAS BEEN TRENDING AT A HISTORICAL RECORD.
AND SO IT'S JUST, YOU KNOW, AND WE REALLY DIDN'T INCREASE OUR PROGRAMS SO MUCH IN GENERAL.
AND SO WHEN YOU HAVE THOSE COSTS GOING UP AND THEY'RE GOING UP GREATER THAN YOUR WHAT'S BEING FUNDED, THAT ALL TIES INTO IT. AND WE'VE ALSO HAD A LOT OF PROGRAMS FOR WITH THE PANDEMIC RELIEF.
UM, AN EXAMPLE I JUST WANTED TO GIVE YOU A SMALL EXAMPLE AS WELL ON THAT IS THAT OUR SOCKS WENT UP BECAUSE OF 3.1% FROM THIS YEAR.
SO NOT FROM BUDGET BUT FROM THIS YEAR ABOUT $528,000.
AND OUR UTILITIES IS GOING UP 232,000, WHICH IS A 6.4% INCREASE WE HAVE BUDGETED FOR UTILITIES, RIGHT? WE GOT 3.1, BUT WE HAVE A 6.4.
OUR INSURANCE IS 18% PLUS WE HAVE ASSESSED VALUATIONS THAT THEY'RE LOOKING AT BECAUSE THE MORE YOUR PROPERTY EXPENSES TO REPLACE IT, THE MORE YOUR POLICY NEEDS TO BE ABLE TO ACCOMMODATE THAT.
SO THAT'S AROUND $500,000 THAT WE'RE BUDGETING FOR THE INCREASE IN THAT.
AND SO AND WHEN YOU GET LIKE $528,000, IT DOESN'T GO ENOUGH EVEN FOR THE UTILITIES.
JUST THOSE TWO THINGS ARE OVER 800,000.
THAT'S MY POINT. SO, OKAY, SO MOVING ON TO PAGE 12.
UM, THE ASSOCIATED STUDENT BODY FUND.
THOSE ARE I JUST GIVING YOU THE HIGH LEVEL SUMMARY OF THE ACTIVITIES THAT THEY DO.
JUST KNOW THAT THEIR CULTURAL, ATHLETIC, RECREATION AND SOCIAL, THEY'RE FUNDED BY FEES AND FUNDRAISERS AND THE BUDGETS ARE PREPARED BY ALL THE SCHOOL ASB COUNCILS.
AND SO WE PUT THEM ALL TOGETHER AND MARRY THEM ALL TOGETHER INTO ONE.
YOU KNOW, ONE AMOUNT IS SITTING HERE ON FOR ALL OF THE ASB.
AND SO AND IT'S OKAY THAT THEY'RE USING MORE IN EXPENDITURES THAN THEY ARE IN REVENUE BECAUSE WE WANT THEM TO USE SOME OF THEIR FUND BALANCE OR FUND BALANCES ARE A LITTLE BIT, I WOULD SAY A LITTLE BIT HIGHER THAN THEY SHOULD BE.
AND SO WE'RE HAPPY TO SEE THOSE GET SPENT DOWN.
ALL RIGHT. ANY QUESTIONS ON ASP? I'M ASSUMING THE FUND BALANCE GREW WITH NO ACTIVITIES GOING ON FOR YEARS.
ALL RIGHT. SO MOVING ON TO DEBT SERVICE FUNDS.
SO AGAIN, WE ARE GOING TO BE OUR COLLECTIONS IS FOR A IS THE FINAL HALF YEAR OF THE OF THE 23 BOND BECAUSE IT PAYS OFF DECEMBER OF 2023.
[00:45:03]
SO THERE'S ONLY FROM THE 23 THERE'S ONLY THE HALF YEAR COLLECTIONS THAT WE'RE GOING TO RECEIVE, WHICH IS $3.5 MILLION.OUR EXPENDITURES ARE THOUGH, WE'RE GOING TO HAVE TO PAY THE PRINCIPAL AND INTEREST PAYMENT.
AND SO THERE WILL BE A SMALL RESIDUAL AMOUNT OF 841,000.
I'VE ALREADY TALKED ABOUT BOND COUNSEL BECAUSE WE'VE EARNED SOME INTEREST OFF OF THAT MONEY.
SO WE DON'T KNOW WHO'S ALL GOING TO PAY THE PROPERTY TAXES.
SO YOU HAVE TO USE ASSUMPTIONS WHEN YOU'RE PUTTING OUT YOUR WHEN YOU'RE CERTIFYING YOUR LEVY, YOUR BOND AMOUNTS, YOU ASSUME CERTAIN, YOU CERTIFY FOR THE AMOUNT.
AND YOU YOU YOU'RE NOT SURE IF ALL YOUR COLLECTIONS ARE GOING TO COME IN OR NOT.
AND WE DO HAVE SOME COLLECTIONS THAT ARE STILL OUTSTANDING WITH CLARK COUNTY.
SO ANYWAY, SO THAT MONEY WILL SIT IN THERE UNTIL WE HAVE OUR NEXT BOND.
IT SHOULDN'T BE TOO MUCH MONEY, BUT IT WILL BE.
THERE WILL BE SOME MONEY LEFT IN THERE.
BUT I'VE WORKED I'M WORKING WITH BOND COUNSEL ON THAT CAPITAL PROJECTS FUND.
I'M SORRY. SO THE VOTED DEBT EXPIRES 12 OF 23.
THE NON VOTED DEBT DOESN'T EXPIRE UNTIL 12TH DECEMBER OF 2024.
SO AND THAT BALANCE IS 735,000 AT THE BEGINNING OF THE YEAR.
AND THEN IT WILL BE HALF OF THAT AND THEN IT WILL PAY OFF IN THE FOLLOWING FISCAL YEAR.
WHAT WAS THE NON VOTED DEBT, DO YOU REMEMBER? UM, I DON'T.
I DON'T REMEMBER WHAT THAT WAS FOR.
DO YOU REMEMBER? I DON'T REMEMBER.
HERE ON IT. I WOULD HAVE TO GO BACK AND LOOK.
YEAH, THERE IS A START YEAR, BUT I DON'T KNOW.
I DON'T KNOW WHAT YEAR THAT WE START.
I DON'T KNOW IF IT WAS A 20 YEAR OR A TEN YEAR OR WHAT.
YEAH. YEAH, I'LL BEFORE OUR TIME.
OKAY. SO CAPITAL PROJECTS FUND.
SO WE ARE ANTICIPATING REVENUE COLLECTIONS.
AND THIS IS PRIMARILY THIS IS IMPACT FEES COMING IN OF ABOUT $8.1 MILLION.
WE'RE LOOKING AT EXPENDITURES OF $16.2 MILLION.
AND WE'RE STARTING OUT WITH A BEGINNING FUND BALANCE OF ESTIMATED AT $16.8 MILLION AND AN ENDING FUND BALANCE OF ABOUT $8.9 MILLION.
AND THE REASON WHY THE CAM PORTABLE IS STILL IN THERE IS BECAUSE THERE YOU'VE APPROVED IT AND THE PURCHASE ORDER IS OUT IN 22-23.
BUT IF WE DON'T GET IT TILL THE 23-24, WE HAVE TO EXPEND IT IN THAT YEAR.
SO AND THEN WE HAVE TO HAVE THE CAPACITY TO BE ABLE TO SPEND IT.
SO IT'S MOVING THAT CAPACITY FROM THIS YEAR TO NEXT YEAR.
SO AND SO THE REALITY IS, IS THE FUNDS ARE ALREADY THERE, THE FUNDS ARE ALREADY DEDICATED.
WE HAVE THOSE FUNDS AND THEY'RE INCLUDED IN OUR BEGINNING FUND BALANCE AT 16.7.
AND THEN ONCE WE RECEIVE IT IN THE FINAL COMPLETION IS DONE, WE'LL FINISH PAYING THAT OFF IN 23-24.
AND ALSO THERE'S A DISTRICT SUPPORT WAREHOUSE THAT'S INCLUDED IN THE CAPITAL PROJECTS FUND AND THEN SOME EXTRA BUDGET CAPACITY IF NEEDED, AS LONG AS IT IS ALLOWABLE TO BE USED BY IMPACT FEES, BECAUSE THAT'S TO SUPPORT GROWTH AND THAT INCLUDES ADMINISTRATIVE BUILDINGS ALSO IN RESPONSE TO SUPPORT FOR GROWTH.
SO THAT IS THE CAPITAL PROJECTS FUND.
ANY QUESTIONS? WHAT HAVE WE BEEN LOOKING LIKE ON LEVY IMPACT FEES? I WOULD HAVE TO GET. I DON'T HAVE THE EXACT AMOUNT OF THE.
I'D HAVE TO GO BACK AND LOOK AT THAT SO.
OKAY SO THE LAST PAGE, PAGE 14 TALKS ABOUT OUR FOUR YEAR FORECAST.
AND SO WE'RE GOING TO WE'RE GOING TO HAVE A BUDGET PRESENTATION FOR YOU BEFORE THE ADOPTION.
SO WE'LL HAVE A MORE FORMAL PRESENTATION, POWERPOINT SLIDE.
EVERYBODY CAN SEE IT AND BE LISTEN IN ON IT.
[00:50:02]
AND WE'LL INCLUDE A LITTLE MORE ADDITIONAL INFORMATION ABOUT THE FOUR YEAR BUDGET.THAT'S THE 195 F IS WHAT THEY CALL IT.
AND SO THE LIKE I SAID ALREADY, THE FOUR YEAR FORECAST WILL INCLUDE SOME PROJECTION FOR GROWTH.
AND OUR CERTIFICATED INSTRUCTIONAL STAFF GROWS AS OUR STUDENT POPULATION IS GROWING.
THERE'S GOING TO BE ANOTHER INCREASE THAT WE'RE GOING TO BE RECIPIENTS OF FROM THE STATE.
SO THAT'S WHAT WE'RE GOING TO USE.
THAT MAY CHANGE, BUT THAT'S WHAT WE KNOW NOW BECAUSE IT'S GOING TO BE BASED ON SOME THE FUTURE.
SO THEY DON'T HAVE THE FINAL IPD FOR 24, 25.
AND THEN SO WE'RE GOING TO ESTIMATE 2.1 IN 25-26 AND 2.1 IN 26-27.
AND AGAIN, WE'VE ALREADY TALKED ABOUT THE ESSER EXPIRING IN 23-24, SO IT WON'T BE INCLUDED.
SO WITHOUT ADDITIONAL RESOURCES, SOURCES OF REVENUE REDUCTIONS ARE GOING TO BE REQUIRED OF THIS.
SO WE'LL HAVE A PUBLIC BUDGET HEARING AND ADOPTION OF THE BUDGET ON AUGUST 28TH.
SO. THAT IS WHAT I HAVE FOR YOU TODAY.
GOOD JOB. YOUR TIMING WAS GOOD.
GREAT LITTLE TIME FOR A BREAK, IS IT? QUESTIONS, PLEASE.
YOU JUST MUST'VE DONE A REALLY GREAT JOB.
AND SO, AGAIN, I WANT TO REITERATE MY CONTACT INFORMATION IS ON THE LAST PAGE FOR ANYONE OUT THERE LISTENING IN AND FOR FORD, PLEASE CONTACT ME IF YOU HAVE ANY QUESTIONS AND SO THAT WE CAN MAKE SURE THAT WE GET THOSE ANSWERED FOR YOU.
THANK YOU, MICHELLE. THAT'S IT FOR US.
GREAT. WITH THAT, WE WILL CONCLUDE THIS WORK SESSION AT 5:37.
THANKS, EVERYBODY.
* This transcript was compiled from uncorrected Closed Captioning.