budget hearing & annual meeting · minutes of the 2015 annual meeting were prepared and were...

Pulaski Community School District

Budget Hearing & Annual Meeting

Wednesday, September 20, 2017

7:30 p.m.

RIPLEY PERFORMING ARTS CENTER

(Pulaski High School Auditorium)

4

Dear Electors of the Pulaski Community School District,

I am pleased to be writing to you again this year to update you on the service that your Pulaski Community School District is providing to our students and to our community. As our staff returned for our welcome back professional development day on August 28, 2017, I highlighted the philosophy of the Pulaski Community School District. Community is not just a word in our name, it is also an integral part of who we are as learners, educators, and citizens. The philosophy is timeless and I am proud to share with my colleagues throughout the state that our community had the foresight in 1985 to adopt a philosophy that is still so relevant today.

Over the past year, we have seen an outpouring of support from and for our community. The Field of Dreams Steering Committee led an effort to fundraise for Saputo Stadium and completed Phase I of the project which was funded by tremendously generous members of our community. We’ve made additional efforts to get the word out about the great things happening within the District. From our #RaiderStrong social media presence to meetings in the municipalities of the Pulaski Community School District to the semi-annual newsletter delivered to the homes of all residents of the district, we’re telling our story!

Not only are we telling our story, we’re listening too! Each month of the school year, I host Coffee and Conversation at locations throughout the district. Please check our website and join me on the third Tuesday of the month for a visit about our wonderful students, staff, schools and community.

Additionally, members of our staff and school community have been actively involved in showcasing and supporting our community through Casimir Pulaski Week, Franciscan Friars Printery / Brown County Library relocation efforts and

local civic organizations. The Pulaski Community School District has also taken an active role in economic, workforce, community and infrastructure development efforts in many communities throughout the District in an effort to advocate for the interests of our District.

This year brings excitement for our professional practice through Professional Learning Communities (PLC). PLCs honor our professional educators by providing them the opportunity to use evidence to inform their practice and collaborate with their colleagues to best serve the needs of their students. Over the next two years we will also be investing in the maintenance of our facilities without raising property taxes. Energy efficiency and operational projects will include roofing, indoor and outdoor lighting, HVAC, kitchen appliance replacements and other projects designed to protect and care for our community’s investment in our schools.

I look forward to continuing the #RaiderStrong work of our schools together with all of our Pulaski Community School District family. Thank you for your dedication to and interest in our District and your support of public education. Please feel free to contact me if you have any questions or if I can be of assistance.

Yours in Education,

Bec Kurzynske

Superintendent of Schools

@beckurzynske #RaiderStrong

Administrative Office | 143 W. Green Bay Street Pulaski, WI 54162 www.pulaskischools.org/hr | Phone: 920-822-6001 | Fax: 920-822-6005

The Pulaski Community School District does not discriminate on the basis of race, sex, age, religion, handicap, or national origin

5

PULASKI COMMUNITY SCHOOL DISTRICT

Budget Hearing and Annual Meeting

Wednesday, September 20, 2017 -- 7:30 p.m.

Ripley Performing Arts Center (Pulaski High School Auditorium)

AGENDA

Call Meeting to Order – Board President

1. Election of Chairperson

2. Acknowledge Preparation and Distribution of Minutes of the 2015 Annual Meeting

3. Presentation of the Budget

4. Hearing on the Budget

5. Resolution 17-1 Adoption of Operations and Debt Service Tax Levy

6. Resolution 17-2 Adoption of Community Services Tax Levy

7. Resolution 17-3 Authorizing Capital Expansion Fund

8. Resolution 17-4 Adoption of Book Rental Fees

9. Resolution 17-5 Authorizing Sale of Personal Property

10. Resolution 17-6 Authorizing the Board to Rent or Lease Property or Space

11. Resolution 17-7 Authorizing (and setting) School Board Salaries

12. Resolution 17-8 Authorizing Reimbursement of School Board Members

13. Resolution 17-9 Authorizing the Board to Schedule the 2015 Annual Meeting

14. Resolution 17-10 Authorizing the Board to Operate a District Breakfast and

Lunch Program

15. Resolution 17-11 Authorizing the Board to Enter into a Lease/Purchase of

Transportation Equipment

16. Conduct any other School Business as Authorized under chapter 120.10 of the Wisconsin Statutes

– Powers of the Annual District Meeting

17. Citizens’ Forum

18. Adjournment

6

PULASKI COMMUNITY SCHOOL DISTRICT 2016 ANNUAL MEETING

Minutes of September 21, 2016 The 2016 Annual Meeting of the Pulaski Community School District was held in the Ripley Performing Arts Center (Pulaski High School Auditorium) on Wednesday, September 21, 2016. The meeting was called to order by Board President Voelker at 7:30 p.m. Board members present: Trina Townsend, Brian Vanden Heuvel, Michael Voelker, Sara Mangold, Barb McKeefry, Mark Wernicke and Mark LeMere. Administrators present: Director of Business Services, Jill Bodwin and Superintendent, Bec Kurzynske. President Voelker called for nominations to elect a chairperson for the meeting. Pat Fullerton nominated Mike Verba as chairperson. A motion was made by Pat Fullerton and seconded by Mark Wernicke to close the nominations. Motion carried unanimously by an aye vote. Mike Verba was elected chairperson of the 2016 Annual Meeting unanimously by an aye vote. 2015 Minutes

A motion was made by Michael Voelker and seconded by Sara Mangold to acknowledge that the minutes of the 2015 annual meeting were prepared and were distributed to all annual meeting participants. Motion carried unanimously by an aye vote.

Superintendent, Bec Kurzynske, welcomed the attendees and shared some highlights of the district. Presentation of the Budget

Jill Bodwin, Director of Business Services, presented the 2016-17 budget and proposed tax levy. A hearing on the proposed budget was conducted. Resolution 16-1 Tax Levy

A motion was made by Joanne Kurowski and seconded by Jenny Gracyalny to levy a tax on all taxable property in the amount of $13,525,567 for the purposes of operating and maintaining the school district system and to finance debt service for the 2016-2017 fiscal year. Motion carried unanimously by an aye vote. Resolution 16-2 Adoption of Community Service Tax Levy

A motion was made by Caitlin Matthiesen and seconded by Jackie Baumann to levy a tax on all taxable property in the amount of $272,985 to fund the community service obligations for the 2016-2017 fiscal year. Motion carried unanimously by an aye vote.

Resolution 16-3 – Authorizing Capital Expansion Fund A motion was made by Pat Fullerton and seconded by Al Wood to create a Capital Expansion Fund pursuant to section 120.10(10m) of the Wisconsin Statutes for the purpose of financing, remodeling, maintenance, repair and improvement projects at various district buildings and sites and to levy a tax in the amount of $265,000 be levied for the 2016-2017 fiscal year to be deposited into the Capital Expansion Fund created and to be used only for the specified purposes listed above. Motion carried unanimously by an aye vote.

7

Resolution 16-4 Book Rental

A motion was made by Pam Mannigal and seconded by Jackie Baumann to approve a book rental fee of $75 per student at the high school level; a book rental fee of $55 per student at the middle school level; and a book rental fee of $20 per student at the elementary level. Motion carried unanimously by an aye vote. Resolution 16-5 Surplus Property Sale (personal property)

A motion was made by Joanne Kurkowski and seconded by Jeremy Pach to grant the school board the authority to sell and dispose of any tangible personal property belonging to the school district that is determined by the school board to be no longer needed for school purposes. Motion carried by all aye votes.

Resolution 16-6 Rent Space

A motion was made by Jean Pautz and seconded by Jenny Gracyalny to authorize the school board to rent or lease property or space required to accommodate district schools and offices. Motion carried unanimously by an aye vote. Resolution 16-7 School Board Salaries

A motion was made by Jackie Baumann and seconded by Amy Angeli to approve the current school board salaries as presented. Motion carried unanimously by an aye vote. Board President: $3400 Board Clerk: $3150 Board Member: $2900 Resolution 16-8 Reimbursement of School Board Members

A motion was made by Joanne Kurkowski and seconded by Jill Bodwin to approve school board member reimbursement for actual and necessary expenses when traveling in the performance of duties and the reimbursement of a school board member for actual loss of earnings when duties require the school board member to be absent from regular employment. Motion carried unanimously by an aye vote.

Resolution 16-9 Schedule the 2017 Annual Meeting

A motion was made by Bec Kurzynske and seconded by Wendy Derenne to permit the school board to set the date, time and place for the 2017 Annual Meeting. Motion carried unanimously by a aye vote. Resolution 16-10 Operate a District Breakfast Lunch Program

A motion was made by Caitlin Matthiesen and seconded by Mark Wernicke to allow the Pulaski Community School District to operate a district breakfast and lunch program. Motion carried unanimously by an aye vote. Resolution 16-11 Authorizing the Board to Lease / Purchase Transportation Equipment

A motion was made by Rock Mannigel and seconded by Al Wood to authorize the Pulaski Community School District to enter into a lease / purchase agreement for the purpose of purchasing transportation equipment. And authorize the superintendent of the District to execute and deliver all documents and to do all things required of the District to accomplish the lease / purchase of the transportation equipment. Motion carried unanimously by an aye vote.

8

Other Business

There was no other school business conducted.

Citizens’ Forum

None

Adjournment

A motion was made by Jenny Gracyalny and seconded by Sara Mangold to adjourn the meeting. Motion carried unanimously by an aye vote. Meeting was adjourned at 8:05 p.m. Trudy Wied, Secretary Pulaski Board of Education

9

BUDGET ADOPTION 2017-18

GENERAL FUND (FUND 10) Audited 2015-16

Unaudited 2016-17

Budget 2017-18

Beginning Fund Balance (Account 930 000) 6,541,683.18 6,498,528.48 7,015,504.78

Ending Fund Balance, Nonspendable (Acct. 935 000) 9,631.45 46,969.99 46,969.99

Ending Fund Balance, Restricted (Acct. 936 000) 0.00 0.00 9.00

Ending Fund Balance, Committed (Acct. 937 000) 0.00 25,000.00 25,000.00

Ending Fund Balance, Assigned (Acct. 938 000) 6,488,897.03 6,943,534.79 6,943,534.79

Ending Fund Balance, Unassigned (Acct. 939 000) 0.00 0.00 0.00

TOTAL ENDING FUND BALANCE (ACCT. 930 000) 6,498,528.48 7,015,504.78 7,015,504.78

REVENUES & OTHER FINANCING SOURCES

100 Transfers-in 5,945.09 3,533.56 3,000.00

Local Sources 210 Taxes 11,896,339.98 11,736,189.73 11,678,331.00

240 Payments for Services 0.00 0.00 0.00

260 Non-Capital Sales 1,590.75 3,768.50 3,500.00

270 School Activity Income 75,608.00 79,444.35 75,200.00

280 Interest on Investments 10,067.92 11,016.48 12,000.00

290 Other Revenue, Local Sources 308,580.89 341,307.98 316,500.00

Subtotal Local Sources 12,292,187.54 12,171,727.04 12,085,531.00

Other School Districts Within Wisconsin 310 Transit of Aids 0.00 0.00 0.00

340 Payments for Services 1,078,014.24 1,318,578.00 1,814,883.00

380 Medical Service Reimbursements 0.00 0.00 0.00

390 Other Inter-district, Within Wisconsin 0.00 0.00 0.00

Subtotal Other School Districts within Wisconsin 1,078,014.24 1,318,578.00 1,814,883.00

Other School Districts Outside Wisconsin 440 Payments for Services 0.00 0.00 0.00

490 Other Inter-district, Outside Wisconsin 0.00 0.00 0.00

Subtotal Other School Districts Outside Wisconsin 0.00 0.00 0.00

Intermediate Sources 510 Transit of Aids 25,457.96 28,770.87 20,766.00

530 Payments for Services from CCDEB 0.00 0.00 0.00

540 Payments for Services from CESA 0.00 0.00 0.00

580 Medical Services Reimbursement 0.00 0.00 0.00

590 Other Intermediate Sources 0.00 0.00 0.00

Subtotal Intermediate Sources 25,457.96 28,770.87 20,766.00

State Sources 610 State Aid -- Categorical 908,854.39 328,089.53 328,089.00

620 State Aid -- General 23,050,509.00 23,468,585.00 23,468,585.00

630 DPI Special Project Grants 93,374.11 102,222.78 82,720.00


650 Student Achievement Guarantee in Education (SAGE Grant) 245,399.33 239,464.95 240,000.00

660 Other State Revenue Through Local Units 1,544.24 3,681.21 0.00

690 Other Revenue 8,532.50 943,315.00 1,692,902.00

Subtotal State Sources 24,308,213.57 25,085,358.47 25,812,330.00

Federal Sources 710 Federal Aid - Categorical 0.00 0.00 0.00

10

720 Impact Aid 0.00 0.00 0.00


750 IASA Grants 295,592.40 304,599.42 278,736.00

760 JTPA 0.00 0.00 0.00

770 Other Federal Revenue Through Local Units 0.00 0.00 0.00

780 Other Federal Revenue Through State 110,220.29 125,033.51 70,000.00

790 Other Federal Revenue - Direct 0.00 1,351.77 0.00

Subtotal Federal Sources 495,769.21 567,925.83 531,089.00

Other Financing Sources 850 Reorganization Settlement 0.00 0.00 0.00

860 Compensation, Fixed Assets 28,350.00 77,807.00 45,000.00

870 Long-Term Obligations 880,645.76 0.00 0.00

Subtotal Other Financing Sources 908,995.76 77,807.00 45,000.00

Other Revenues 960 Adjustments 23,512.00 55,172.10 0.00

970 Refund of Disbursement 149,265.38 97,551.73 162,104.00

980 Medical Service Reimbursement 0.00 0.00 0.00

990 Miscellaneous 21,258.28 23,712.55 23,500.00

Subtotal Other Revenues 194,035.66 176,436.38 185,604.00

TOTAL REVENUES & OTHER FINANCING SOURCES 39,308,619.03 39,430,137.15 40,498,203.00

EXPENDITURES & OTHER FINANCING USES

Instruction 110 000 Undifferentiated Curriculum 10,989,977.43 10,439,514.01 10,802,012.00

120 000 Regular Curriculum 5,266,030.01 5,265,018.37 5,298,079.00

130 000 Vocational Curriculum 1,047,178.18 1,117,592.54 1,140,810.00

140 000 Physical Curriculum 909,639.29 916,776.77 946,037.00

160 000 Co-Curricular Activities 483,469.82 497,158.44 531,357.00

170 000 Other Special Needs 349,311.13 331,993.16 354,769.00

Subtotal Instruction 19,045,605.86 18,568,053.29 19,074,064.00

Support Sources 210 000 Pupil Services 1,140,888.52 1,098,572.81 1,174,268.00

220 000 Instructional Staff Services 1,555,791.66 1,525,090.24 1,604,149.00

230 000 General Administration 332,084.45 347,415.20 402,919.00

240 000 School Building Administration 2,028,847.17 1,915,265.48 2,012,445.00

250 000 Business Administration 5,701,676.63 5,574,553.15 5,357,127.00

260 000 Central Services 1,442,086.12 1,440,227.44 1,534,233.00

270 000 Insurance & Judgments 400,392.03 422,035.40 457,700.00

280 000 Debt Services 236,064.80 485,502.08 513,102.00

290 000 Other Support Services 879,031.98 831,052.71 784,386.00

Subtotal Support Sources 13,716,863.36 13,639,714.51 13,840,329.00

Non-Program Transactions 410 000 Inter-fund Transfers 4,375,369.32 4,237,487.26 4,711,041.00

430 000 Instructional Service Payments 2,211,329.96 2,467,905.79 2,870,269.00

490 000 Other Non-Program Transactions 2,605.23 0.00 2,500.00

Subtotal Non-Program Transactions 6,589,304.51 6,705,393.05 7,583,810.00

TOTAL EXPENDITURES & OTHER FINANCING USES 39,351,773.73 38,913,160.85 40,498,203.00

11

SPECIAL PROJECT FUNDS (FUNDS 21, 23, 29) Audited 2015-16

Unaudited 2016-17

Budget 2017-18

900 000 Beginning Fund Balance 29,286.80 91,095.65 243,952.30

900 000 Ending Fund Balance 91,095.65 243,952.30 243,952.30

REVENUES & OTHER FINANCING SOURCES 284,305.30 672,110.02 23,879.00

100 000 Instruction 180,844.62 454,293.75 0.00

200 000 Support Services 41,651.83 64,959.62 23,879.00

400 000 Non-Program Transactions 0.00 0.00 0.00

TOTAL EXPENDTURES & OTHER FINANCING USES 222,496.45 519,253.37 23,879.00

SPECIAL EDUCATION FUND (FUND 27) Audited

2015-16 Unaudited

2016-17 Budget 2017-18

900 000 Beginning Fund Balance 0.00 0.00 0.00

900 000 Ending Fund Balance 0.00 0.00 0.00

REVENUES & OTHER FINANCING SOURCES

100 Transfers-in 4,345,718.26 4,237,487.26 4,711,041.00


260 Non-Capital Sales 0.00 0.00 0.00

270 School Activity Income 0.00 0.00 0.00

290 Other Revenue, Local Sources 0.00 0.00 0.00

Subtotal Local Sources 0.00 0.00 0.00

Other School Districts Within Wisconsin 310 Transit of Aids 0.00 0.00 0.00

340 Payments for Services 55,442.00 0.00 0.00

380 Medical Service Reimbursements 0.00 0.00 0.00

390 Other Inter-district, Within Wisconsin 0.00 0.00 0.00

Subtotal Other School Districts within Wisconsin 55,442.00 0.00 0.00

Other School Districts Outside Wisconsin 440 Payments for Services 0.00 0.00 0.00

490 Other Inter-district, Outside Wisconsin 0.00 0.00 0.00

Subtotal Other School Districts Outside Wisconsin 0.00 0.00 0.00

Intermediate Sources 510 Transit of Aids 38,316.52 33,643.07 32,000.00

530 Payments for Services from CCDEB 0.00 0.00 0.00

540 Payments for Services from CESA 0.00 0.00 0.00

580 Medical Services Reimbursement 0.00 0.00 0.00

590 Other Intermediate Sources 0.00 0.00 0.00

Subtotal Intermediate Sources 38,316.52 33,643.07 32,000.00

State Sources 610 State Aid -- Categorical 1,526,692.00 1,497,071.00 1,490,999.00

620 State Aid -- General 18,648.00 34,038.00 0.00

630 DPI Special Project Grants 0.00 0.00 0.00


650 Achievement Gap Reduction (AGR grant) 0.00 0.00 0.00

690 Other Revenue 0.00 0.00 0.00

Subtotal State Sources 1,545,340.00 1,531,109.00 1,490,999.00

Federal Sources 710 Federal Aid - Categorical 9,567.00 9,780.00 0.00

12


750 IASA Grants 0.00 0.00 0.00

760 JTPA 0.00 0.00 0.00

770 Other Federal Revenue Through Local Units 0.00 0.00 0.00

780 Other Federal Revenue Through State 213,891.79 291,075.34 200,000.00

790 Other Federal Revenue - Direct 0.00 0.00 0.00

Subtotal Federal Sources 789,346.95 925,789.01 813,216.00

Other Financing Sources 0.00 0.00

860 Compensation, Fixed Assets 0.00 0.00 0.00

870 Long-Term Obligations 0.00 0.00 0.00

Subtotal Other Financing Sources 0.00 0.00 0.00

Other Revenues 960 Adjustments 0.00 0.00 0.00

970 Refund of Disbursement 0.00 0.00 0.00

990 Miscellaneous 0.00 0.00 0.00

Subtotal Other Revenues 0.00 0.00 0.00


EXPENDITURES & OTHER FINANCING USES

Instruction 110 000 Undifferentiated Curriculum 0.00 0.00 0.00

120 000 Regular Curriculum 0.00 0.00 0.00

130 000 Vocational Curriculum 6,295.92 0.00 0.00

140 000 Physical Curriculum 0.00 0.00 0.00

150 000 Special Education Curriculum 5,168,724.78 5,320,265.51 5,484,321.00

160 000 Co-Curricular Activities 0.00 0.00 0.00

170 000 Other Special Needs 0.00 0.00 0.00

Subtotal Instruction 5,175,020.70 5,320,265.51 5,484,321.00

Support Sources 210 000 Pupil Services 751,741.84 693,043.85 761,855.00

220 000 Instructional Staff Services 274,672.59 259,049.03 273,335.00

230 000 General Administration 0.00 0.00 0.00

240 000 School Building Administration 0.00 0.00 0.00

250 000 Business Administration 189,585.89 183,053.22 194,555.00

260 000 Central Services 4,145.27 4,280.18 4,090.00

270 000 Insurance & Judgments 0.00 0.00 0.00

280 000 Debt Services 0.00 0.00 0.00

290 000 Other Support Services 0.00 0.00 0.00

Subtotal Support Sources 1,220,145.59 1,139,426.28 1,233,835.00

Non-Program Transactions 410 000 Inter-fund Transfers 0.00 0.00 0.00

430 000 Instructional Service Payments 378,997.44 268,336.55 329,100.00

490 000 Other Non-Program Transactions 0.00 0.00 0.00

Subtotal Non-Program Transactions 378,997.44 268,336.55 329,100.00


13

DEBT SERVICE FUND (FUNDS 38, 39) Audited 2015-16

Unaudited 2016-17

Budget 2017-18


900 000 ENDING FUND BALANCES 297,769.96 715,036.56 796,635.56


281 000 Long-Term Capital Debt 1,961,316.26 2,338,298.46 2,123,899.00

282 000 Refinancing 0.00 0.00 0.00

283 000 Operational Debt 0.00 0.00 0.00

285 000 Post Employment Benefit Debt 0.00 0.00 0.00

289 000 Other Long-Term General Obligation Debt 0.00 0.00 0.00



842 000 INDEBTEDNESS, END OF YEAR 12,884,811.05 9,355,000.00 16,080,000.00

CAPITAL PROJECTS FUND (FUNDS 41, 46, 48, 49) Audited 2015-16

Unaudited 2016-17

Budget 2017-18

900 000 Beginning Fund Balance 1,389,263.50 1,660,886.86 11,483.81

900 000 Ending Fund Balance 1,660,886.86 11,483.81 4,771,483.81

TOTAL REVENUES & OTHER FINANCING SOURCES 3,456,568.50 265,726.82 8,765,000.00

100 000 Instructional Services 0.00 0.00 0.00

200 000 Support Services 3,184,945.14 1,915,129.87 4,005,000.00

300 000 Community Services 0.00 0.00 0.00



FOOD SERVICE FUND (FUND 50) Audited 2015-16

Unaudited 2016-17

Budget 2017-18


900 000 ENDING FUND BALANCE 16,830.98 58,847.54 58,847.54


200 000 Support Services 1,632,683.12 1,646,197.08 1,750,404.00



COMMUNITY SERVICE FUND (FUND 80) Audited 2015-16

Unaudited 2016-17

Budget 2017-18


900 000 ENDING FUND BALANCE 25,570.09 26,747.06 26,747.06

TOTAL REVENUES & OTHER FINANCING SOURCES 513,988.78 713,596.25 753,766.00

200 000 Support Services 563.94 8,010.37 17,876.00

300 000 Community Services 641,287.06 704,408.91 735,890.00


TOTAL EXPENDITURES & OTHER FINANCING USES 641,851.00 712,419.28 753,766.00

14

PACKAGE & COOPERATIVE PROGRAM FUND (FUNDS 91, 93, 99)

Audited 2015-16

Unaudited 2016-17

Budget 2017-18

900 000 Beginning Fund Balance 0.00 0.00 0.00

900 000 ENDING FUND BALANCE 0.00 0.00 0.00

TOTAL REVENUES & OTHER FINANCING SOURCES 15,041.28 9,791.85 8,000.00

100 000 Instruction 6,749.98 6,258.29 6,500.00

200 000 Support Services 0.00 3,533.56 0.00

400 000 Non-Program Transactions 8,291.30 0.00 1,500.00

TOTAL EXPENDITURES & OTHER FINANCING USES 15,041.28 9,791.85 8,000.00

PROPOSED PROPERTY TAX LEVY

FUND Audited 2015-16

Unaudited 2016-17

Budget 2017-18

General Fund 11,878,426.00 11,718,352.00 11,663,098.00

Referendum Debt Service Fund 1,613,079.00 1,639,241.00 1,341,799.00

Non-Referendum Debt Service Fund 331,000.00 328,200.00 557,189.00

Capital Expansion Fund 265,000.00 265,000.00 265,000.00

Community Service Fund 150,000.00 272,985.00 342,316.00

TOTAL SCHOOL LEVY 14,237,505.00 14,223,778.00 14,169,368.00

PERCENTAGE INCREASE -- TOTAL LEVY FROM PRIOR YEAR -0.10% -0.38%

ENERGY EFFICIENCY EXEMPTION § 121.91 (4) (o) Revenue Limit Exemption for Energy Efficiencies-Evaluation of the Energy Performance

Indicators

Name of Qualified Contractor H & H Energy Services

Performance Contract Length (years) 3

Total Project Cost (including financing) 9,695,745

Total Project Payback Period 10

Years of Debt Payments 10

Remaining Useful Life of the Facility 40 years

Prior Year Resolution Expense Amount Fiscal Year 201x 0

Prior Year Related Expense Amount or CY debt levy Fiscal Year 201x 0

Utility Savings applied in Prior Year to Debt Fiscal Year 201x 0

Sum of reported Utility Savings to be applied to Debt $ -

Savings Reported for 2017-18

Specific Energy Efficiency Measure or Products

Project Cost Including Financing

Utility Cost Savings

Non-Utility Cost Savings

Energy efficiency and capital improvement projects at District

$ 9,695,745 $ - $ -

facilities and grounds, including HVAC and control upgrades;

lighting, electrical, water system and building envelope

improvements and reapirs; kitchen upgrades; and

acquisition of related equipment

15

2017 ANNUAL MEETING RESOLUTIONS

Resolution 17-1 Adoption of General Operations Tax Levy

Be it resolved by the electors of the Pulaski Community School District that a tax be levied on all taxable

property in the amount of $13,562,086 for the purposes of operating and maintaining the school district

system and to finance debt service for the 2017-2018 fiscal year.

Resolution 17-2 Adoption of Community Service Fund Tax Levy

Be it resolved by the electors of the Pulaski Community School District that a tax be levied on all taxable

property in the amount of $342,316 to fund community service obligations for the 2017-2018 fiscal year.

Resolution 17-3 Authorizing Capital Expansion Fund

Be it resolved by the electors of the Pulaski Community School District that a Capital Expansion Fund is

hereby created pursuant to Section 120.10(10m) of the Wisconsin Statutes for the purpose of financing

remodeling, maintenance, repair and improvement projects at various district buildings and sites and

Be it further resolved that a tax in the amount of $265,000 be levied for the 2017-2018 fiscal year to be

deposited into the Capital Expansion Fund created above to be used only for the specified purposes listed

above.

Resolution 17-4 Adoption of Book Rental Fees

Be it resolved by the electors of the Pulaski Community School District that a book rental fee of $75 per

student at the high school level; a book rental fee of $55 per student at the middle school level; and a book

rental fee of $20 per student at the elementary level be charged.

Resolution 17-5 Authorizing Sale of Personal Property

Be it resolved, that, the School Board is authorized during the current school year to sell and dispose of

any tangible personal property belonging to the School District that is determined by the School Board to

be no longer needed for school purposes.

Resolution 17-6 Authorizing the Board to Rent or Lease Property or Space

Be it resolved by the electors of the Pulaski Community School District that the school board be

authorized to rent or lease property or space required to accommodate district schools and offices.

Resolution 17-7 Authorizing (and setting) School Board Salaries

Be it resolved by the electors of the Pulaski Community School District that the salary of the school board

members be approved as presented.

16

Resolution 17-8 Authorizing Reimbursement of School Board Members

Be it resolved by the electors of the Pulaski Community School District that school board members be

reimbursed for actual and necessary expenses when traveling in the performance of duties and the

reimbursement of a school board member for actual loss of earnings when duties require the school board

member to be absent from regular employment.

Resolution 17-9 Authorizing the Board to Schedule the 2018 Annual Meeting


authorized to set the date and time of the 2018 Annual Meeting.

Resolution 17-10 Authorizing the Board to Operate a District Breakfast and Lunch Program


authorized to operate a district breakfast and lunch program

Resolution 17-11 Authorizing the Board to Enter Into a Lease / Purchase of Transportation

Equipment

Be it resolved that Pulaski Community School District that the school board be authorized to enter into a

lease / purchase agreement for the purpose of purchasing transportation equipment.

Be it further resolved, that the superintendent of the District is hereby authorized to execute and deliver all

documents and to do all things required of the District to accomplish the lease / purchase of the

transportation equipment.

17

District Description and Organization

The Pulaski Community School District covers 176 square miles and is located in Brown, Oconto,

Outagamie and Shawano Counties. The district is comprised of the Village of Pulaski, and the town of

Pittsfield, a portion of the Village of Howard, the Village of Hobart, a portion of the Village of Suamico

and the Towns of Suamico, Chase, Little Suamico, Morgan, Oneida, Angelica, Green Valley, Lessor and

Maple Grove. The estimated 2015 District population was 19,500. The District operates five elementary

schools, one middle school and one high school. Glenbrook Elementary, Pulaski Community Middle

School and Pulaski High School are all located in the Village of Pulaski. Fairview Elementary is located

in Krakow, Sunnyside Elementary in Chase, Lannoye Elementary in Pittsfield and Hillcrest Elementary in

Hobart. The district is a fiscally independent common school district and is governed by a seven member

elected school board.

Board of Education

Board Member Office Term Expires Phone Represents

Michael Voelker President April 2020 822-1045 Maple Grove, Lessor

Sara Mangold Vice-President April 2018 317-727-5513 Pittsfield, Suamico

Trina Townsend Clerk April 2019 822-5459 Pulaski

Barbara McKeefry Treasurer April 2019 822-5559 Angelica, Green Valley

Brian Vanden Huevel Member April 2018 676-5995 Member at large

Mark LeMere Member April 2020 869-3131 Hobart, Oneida

Mark Wernicke Member April 2018 337-7656 Chase, Morgan, Little

Suamico

18

District Administration

Rebecca Kurzynske Superintendent

Jilleen Bodwin Director of Business Services

Jennifer Gracyalny Director of Learning Services

Thomas Krause Director of Personnel

Nicole Borley Director of Student Services

Mark Heck Director of Pulaski Area Community Education

Building Administration

Jeremy Pach Principal Pulaski High School

Lindsey Mathys Associate Principal Pulaski High School

Steven Linssen Associate Principal Pulaski High School

Patrick Fullerton Principal Pulaski Community Middle School

Erin Adams Associate Principal Pulaski Community Middle School

Nichole Disterhaft Principal Fairview Elementary

Kurtis Sufka Principal Glenbrook Elementary

Lara Kuchenbecker Associate Principal/ Glenbrook Elementary

Asst. Director of Student Services

Kristin Wells Principal/ Hillcrest Elementary

4K Coordinator

Jennifer Sommers Principal Lannoye Elementary

Marc Klawiter Principal Sunnyside Elementary

District Website: www.pulaskischools.org

Certified Public Accountants Kerber, Rose & Associates, S.C.

Financial Advisors Robert W. Baird & Co., Milwaukee, Wisconsin

Legal Counsel Strang, Patteson, Renning, Lewis and Lacy, S.C., Green Bay, Wisconsin

19


2017-2018 BUDGET

Basis of Accounting

The State, primarily through the Department of Public Instruction (DPI), regulates by statute and administrative

rule the operations of the District. In compliance with DPI rules, Pulaski Community School District uses fund

accounting and modified accrual basis of accounting.

Fund accounting is the usual method of accounting for governmental units. DPI requires reporting of revenues and

expenditures within specified funds. The funds as specified by DPI comply with Governmental Accounting

Standards.

Basis of accounting refers to the timing and recognition of revenues and expenditures. The modified accrual basis

of accounting is used for all governmental fund types (General, Special Revenue, Debt Service, and Capital

Project). Revenues are recognized when measurable and available. Expenditures are recorded when paid or when a

liability is incurred. This basis is also used for the Food Service, Expendable Trust, Community Service and

Cooperative Funds. This basis of accounting is required by DPI and differs from the Governmental Accounting

requirement, which requires the District’s audited financial statements to be reported using full accrual basis of

accounting.

Legal Requirements and Board Policies

Section 65.90, Wisconsin Statutes, grants school boards the authority to adopt a budget and establish a tax levy.

The District is required to hold an annual meeting of electors to approve a tax levy. Statutes require that on or

before November 1, a school board must determine if the tax voted at the annual meeting is sufficient to operate

and maintain the schools for the school year. If the amount is not sufficient, the school board shall raise the tax. The

tax levy will not exceed the legal limits as established by Section 121.91.

In 1993, legislation was enacted to limit property tax levies beginning with the 1993-1994 school year. The

revenue limit restricts on a per pupil basis the amount of equalization aid and property tax revenues. This legislation

also included compensation increase limits for all certified school personnel. The legislation related to

compensation increase limits, known as the qualified economic offer, was repealed beginning with the 2009-2010

school year. In 2011, Wisconsin Acts 10 and 32 required employees to pay half of the Wisconsin Retirement

System pension contributions and prohibited School Boards from bargaining collectively with respect to any factor

or condition of employment except total base wages. Additionally, Districts are limited to increasing the base

wages only by any increase in the previous year’s consumer price index, unless approved through a referendum.

Wisconsin Act 27, requiring school districts to allow for open enrollment, went into effect at the beginning of the

1998-99 school year. Under open enrollment, students in grades K-12 may attend any public school in the state.

Both the resident and non-resident school districts must approve a request. Denials may be appealed to DPI.

Recognizing the need and value of an adequate fund balance for cash flow contingencies and fiscal solvency, the

Board adopted a fund balance policy (6235) in November, 1999 and revised it in July, 2011. The fund balance goal

is to maintain a balance sufficient to avoid short-term borrowing.

20

Revenue Limits, Equalization Aid, and Property Taxes

Equalization aide and property taxes make up the majority of District revenues. Since 1994-95 these

revenues have been limited by law.

The maximum limit of these revenues is determined by a calculation that includes average enrollment for

the three most recent years times the prior year revenue limit per child, plus an inflationary factor. In

2010-2011 the inflationary increase was limited to $200 per student. For 2011-2012, the revenue limit per

child was reduced by $533 per student and a $50 per student increase was allowed for 2012-2013. A $75

per child increase was allowed for 2013-2014 and there has been no increase allowed per student since

then. This limit applies to General Fund expenditures and debt expenditures on long-term debt not

approved by referendum.

The revenue limit is divided between property taxes and state aid. State aid is calculated based on a

formula that takes into consideration enrollment, district equalized value per student, and district costs per

student.

The balance of the revenue limit above the amount of state aid is the property tax levy for the General

Fund and non-referendum debt payments.

Governor Walker’s State budget proposed an additional $200 per student in categorical aid. This amount

is not part of the revenue limit formula and therefore is not guaranteed beyond the next biennium budget

if it is approved.

The Budget Process

The Pulaski Community School District prepares its budget on a regulatory accounting basis in

accordance with rules established by the Wisconsin Department of Public Instruction. These rules require

the use of a fund accounting system. Funds allow for segregation and reporting of transactions in such a

way as to assure compliance with various laws, restrictions, regulations and limitations.

The district adopts budgets that generally balance revenues and expenditures so as to avoid deficit

spending; however, exceptions may occur for specific one-time expenditures that have been anticipated

and budgeted for.

As stated, the budget complies with revenue limits adopted by the State Legislature. This legislation limits

the district’s ability to increase property taxes. By virtue of the revenue limit, expenditures are also

limited.

The district utilizes a site-based management approach to budgeting. Building budget allocations are

made based on an amount per student in each building. Each building principal allocates resources based

on the needs of the staff members and the plans and goals for that building. Also, each department

manager is responsible for planning and administering the budget for their department.

Budget allocations are usually calculated in spring and completed budgets are submitted by administrators

by July each year. Building enrollment projections and staffing requests for the following year are also

considered during spring. The Board of Education was updated on the 2017-18 budget beginning in

21

February with additional information provided monthly if /when updated numbers and projections

became available. The 2017-2018 budget was presented to the Board of Education for publication at the

August 16, 2017 meeting. A public hearing on the budget is held in September. The budget is subject to

change once the State budget is finalized with state aid typically certified by the Department of Public

Instruction in October 2017.

Management and Administration of the Budget

Budget administration and management is the process of regulating expenditures during the fiscal year to

ensure they do not exceed authorized levels and are used for intended purposes.

Management of the budget is the responsibility of each budget center manager. These individuals are

responsible for insuring that expenditures are appropriate and for investigating budget variances.

Adherence to the District quoting and bidding policies is also the responsibility of these individuals.

22

Historical Enrollment Growth

Historical Growth in Equalized Property Value

Valuation in Thousands of $

23

Major highlights of the 2017-2018 Budget

Changes to office visit, urgent care and emergency room co-pays have been made to

the employee health insurance plan to keep premium increases at a minimum. The

health insurance is increasing by 9.1% and the increase will be split 50/50 between

the district and the employees.

Summer 2017facilities projects include: replacement of part of the Glenbrook roof,

Hillcrest roof repairs, improvements and expansion to parking lot at Sunnyside,

demolished house on PHS lot & remodeled 2 storage buildings, storm sewer piping

PHS east parking lot, updated flooring at Glenbrook, Hillcrest interior remodeling to

accommodate additional classroom space.

The Board has approved implementing a second iPad deployment (560 iPads,

licensing for management of iPads and select service support) through a 4-year

Apple lease.

The total cost of the lease is $178,676, with a lease payment of $45,837.73/ year for four

years. The funding for this lease is secured from the Digital Learning Plan Budget. In

addition to the $307,000 allotted each year for devices, the Digital Learning Plan also

provides $24,000 for curriculum adopted digital resources, $21,000 for apps, and $8,000

for learning management suite. This total is identical to the amount budgeted for 2016-17.

In May of 2017 the School Board held a public hearing to consider and/or approve a

proposal for an energy savings performance contract for the implementation of

energy conservation and facility improvement measures to reduce operating costs

for the District. No one from the public spoke against the project. The board has

approved an energy performance contract with H&H Energy Services Inc. for the

following energy conservation and facility improvement measures: HVAC

Systems, kitchen upgrades, lighting systems, building ventilation, selective roof and

window replacements at each of the district’s buildings. The board approved

borrowing $8.5 Million for this project. Based on projections, it is expected that the

mill rate will not increase as a result of these projects due to the timing of retiring

debt.

24

Where Does the Money Come From?

Where Does the Money Go? Across all funds salaries & benefits total 68% (71% for Funds 10 & 27)

26

GENERAL FUND

The general fund is used to account for all transactions not required to be accounted for in a segregated

fund. Most of the District expenditures occur in the general fund. Monies accounted for here are for

general operations to include instruction, support and maintenance of learning facilities. The primary

sources are property taxes and state equalization aid. The totals of these are controlled based upon a state

imposed revenue limit calculation utilizing three-year average September and prorated summer

enrollments. Assuming a September 2017 full time equivalency (F.T.E.) average enrollment of 3,752, the

District’s revenue limit for General Fund purposes is estimated to be $ 35,960,624.

The composition of these revenues is determined by an equalization aid formula which factors enrollment,

shared costs, and state and local property values into the calculation. The equalization aid estimate for

2017 is $23,468,585. Assuming computer aid in lieu of taxes in the amount of $6,786, $12,492,039

comprises the property tax levy. Of that amount, $557,189 will be recorded in Debt Service Fund for

payment of non-referendum approved debt and $265,000 will be recorded in the Capital Expansion Fund

for building maintenance. $11,663,064 will be recorded in the General Fund. Should the September 2017

average enrollment vary from the estimate of 3,752, or equalization and computer aids differ from the

$23,468,585 and $6,786 estimate respectively, the $11,663.064 tax levy may change in October when the

Board of Education certifies the levy.

The State funds a significant portion of District costs through the equalization aid formula. In previous

years, state aid made up about 72% of the District’s total revenue limit. In recent years state aid

allocations have been reduced. For 2017-2018, it is estimated that state equalization aid will be 65% of

the revenue limit.

27

Revenues & Other Financing Sources

AUDITED 2015-2016

AUDITED 2016-2017

BUDGET 2017-2018 Difference % Change

Property Taxes $ 11,878,928 $ 11,718,352 $11,663,098 $ (55,254) -.47%

State Aids 24,308,214 25,085,358 25,812,330 $ 726,972 2.90%

Federal Aids 495,769 567,926 531,089 $ (36,837) -6.49%

Other Revenues 2,625,708 2,058,501 2,429,582 $ 371,081 18.03%

$ 39,308,619 $ 39,430,137 $ 40,436,099 $ 1,005,962 2.55%

Expenditures by Function

AUDITED AUDITED BUDGET

Expenditures & Other Financing Uses 2015-2016 2016-2017 2017-2018 Difference % Change

Instruction $ 19,045,606 $ 18,568,053 $19,050,447 $ 482,394 2.6%

Pupil Services 1,140,889 1,098,573 1,174,268 $ 75,695 6.9%

Instructional Staff Services 1,555,792 1,525,090 1,604,149 $ 79,059 5.2%

General Administration 332,084 347,415 402,919 $ 55,504 15.9%

Building Administration 2,028,847 1,915,265 2,012,445 $ 97,180 5.0%

Business Administration 5,701,677 5,574,553 5,313,640 $ (260,913) -4.7%

Operating Transfers-Out 4,375,369 4,237,487 4,711,041 $ 473,554 11.1%

Tuition 2,211,330 2,467,906 2,870,269 $ 402,363 16.3%

Other 2,960,180 3,178,819 3,296,921 $ 118,102 3.7%

Total $ 39,351,774 $ 38,913,161 $ 40,436,099 $ 1,522,938 3.9%

28

General Fund

Revenues & Other Financing Sources

29

General Fund Expenditures & Other Financing Uses by Function

30

General Fund Revenues by Source

2016-2017 2017-18 Revenues Budget 199 TRANSFER FROM FD 99 3,533.56 3,000.00 100’s OPER. TRANSFERS-IN 3,533.56 3,000.00

211 PROPERTY TAXES 11,718,352.00 11,663,098.00 212 LEVY FOR PERS PROP TAX CHGBACK 2,605.00 2,605.00 213 MOBILE HOME TAX/FEES 15,232.73 15,233.00 241 GEN TUIT NON OPEN ENROLL 262 NON-CAP OBJ/RESALES 289.50 500.00 264 NON-CAPITAL SURPLUS SALES 1,015.00 1,015.00 271 SCH CO-CURR ADMISSIONS 58,296.85 53,200.00

272 COMMUNITY SERVICE FEES 276 SUBSCRIPTIONS 279 OTHER SCH ACT INCOME 21,147.50 22,000.00 280 INTEREST ON INVESTM. 11,016.48 12,000.00 291 GIFTS 15,835.00 16,000.00 292 STUDENT FEES 116,287.71 96,000.00 293 RENTALS-PROPERTY 13,675.50 12,000.00 294 REGISTRATION FEES 138,105.50 135,000.00 295 SUMMER SCHOOL REGISTRATION FEE 54,697.50 55,000.00 297 STUDENT FINES 2,703.77 2,500.00 200’s REVENUE LOCAL SOURCE 12,171,727.04 12,085,531.00

315 STATE AID/SCH DIST 317 FED AID/SCH DIST 340 PAYTS FOR SERVICES

341 GEN TUITION-NON-OPEN 343 CO-CURRICULAR ACT. 14,480.00 12,275.00 345 GEN TUITION-OPEN ENR 1,304,098.00 1,802,608.00 349 OTHER PAYTS FOR SERV 381 MEDICAID SCHOOL BASE 390 OTH INTERDIST PAYMTS 300’s INTERDIST PAYTS WIS 1,318,578.00 1,814,883.00

514 FED. AID FROM CCDEB 7,000.00 515 NON-SP ED ST AID/CESA OR INTER 636.50 517 FED AID/CESA OR INTERMEDIATE 21,134.37 20,766.00 590 OTH REV INTERM SOUR 599 OTH REV INTERM SOUR-MISC 500’s REV INTERMED SOURCES 28,770.87 20,766.00

612 TRANSPORTATION AID 203,288.53 203,288.00 613 LIBRARY AID 124,801.00 124,801.00 621 EQUALIZATION AID 23,468,585.00 23,468,585.00 630 SPECIAL PROJ GRANTS 102,222.78 82,720.00 650 STATE SAGE AID 239,464.95 240,000.00 660 ST REVENUE/LOCAL GOVTS 3,681.21 690 OTHER REV ST SOURCES 6,815.00 6,786.00 691 EXEMPT COMPUTER AID 695 PER PUPIL ADJUSTMENT AID 936,500.00 1,686,150.00

600’s REVENUE/STATE SOURCE 25,085,358.47 25,812,330

31

718 ARRA-STATE FISCAL FUNDS 730 SPECIAL PROJ GRANTS 136,941.13 182,353.00 751 TITLE I-A IMPROV BASIC PR 304,599.42 278,736.00 752 TITLE V-A INNOVATIVE PROG 780 FED REV THRU STATE-NONDPI 125,033.51 70,000.00 799 OTHER FED REV FROM FED SOURCES 1,351.77 700’s REVENUE/FEDERAL SOUR 567,925.83 531,089.00

861 EQUIPMENT SALES 77,807.00 45,000.00 862 LAND AND OTHER REAL PROP SALES

869 873 LONG-TERM NOTES 878 CAPITAL LEASES 800’s OTHER FINANCING SOUR 77,807.00 45,000.00

952 PLAN MEMBER CONTRIBUTION 964 INSURANCE 968 PREMIUMS 19,810.00 969 OTHER ADJUSTMENTS 35,362.10 971 REFUND OF PRIOR YEAR EXPENSES 97,551.73 100,000.00 999 OTHER MISCELLANEOUS REVEN 23,712.55 23,500.00 900’s OTHER REVENUES 176,436.38 123,500.00

_____________________________________________________________________________

_______________________________________________________

Total Revenues 39,430,137.15 40,436,099.00

Equalization/Per Pupil Adj. Aid Increase

%

Change

2005-2006 22,056,181 8.0%

2006-2007 22,717,108 3.0%

2007-2008 22,859,553 0.6%

2008-2009 24,309,116 6.3%

2009-2010 24,064,056 -1.0%

2010-2011 24,855,806 3.3%

2011-2012 22,629,295 -9.0%

2012-2013 22,984,888 1.6%

2013-2014 23,384,855 1.7%

2014-2015 23,327,651 -0.2%

2015-2016 23,609,109 1.2%

2016-2017 23,468,585 1.8%

Proposed 2017-2018 23,468,585 0.0%

32

General Fund Expenses by Object

Expenditures & Other Financing by Object

AUDITED

2015-2016 AUDITED 2016-2017

BUDGET 2017-2018 Difference % Change

Salaries $ 19,134,679 $ 19,442,023 $19,981,857 $ 539,834 2.8%

Fringe Benefits 7,219,201 7,254,549 7,586,364 $ 331,815 4.6%

Purchased Services 4,347,345 4,319,714 4,835,786 $ 516,072 12.0%

Non-capital Object 2,973,145 1,954,478 1,909,112 $ (45,366) -2.3%

Equipment 558,461 639,214 323,802 $ (315,412) -49.3%

Debt Service 236,065 485,502 513,102 $ 27,600 5.7%

Insurance & Judgments 427,664 448,407 492,200 $ 43,793 9.8%

Operating Transfers-Out 4,375,369 4,237,487 4,711,041 $ 473,554 11.2%

Dues & Fees 79,845 131,787 82,835 $ (48,952) -37.1%

Total $ 39,351,774 $ 38,913,161 $ 40,436,099 $ 1,522,938 3.9%

Beginning Fund Balance $ 6,541,683 $ 6,498,528 $ 7,015,505

Ending Fund Balance $ 6,498,528 $ 7,015,505 $ 7,015,505

33

SPECIAL REVENUE FUNDS COMBINED

The Special Revenue Funds are used account for revenues that are designated for specified purposes and

the expenditures related to those revenues. State and federal grant monies and private donations provided

for specific purposes, and an operating transfer from the General Fund account for the resources in these

funds. Special Revenue Funds Include:

Fund 21 – Donations

Fund 27- Special Education

Fund 29- Native American Federal Grant

Although future receipt of state and federal grants are contingent upon other governing bodies, it is

anticipated that all current programs will continue to be funded. Increased expenditures are primarily due

to:

Wage and benefit increases for new and existing staff

Audited Audited Budget

2015-2016 2016-2017 2017-2018 % Change

Beginning Fund Balance $ 29,286 $ 91,095 $ 243,952

Revenues and Other Financing Sources $ 6,952,245 $ 7,400,138 $ 7,071,135 -4.0%

Expenditures and Other Financing Uses $ 6,975,853 $ 7,247,281 $ 7,071,135 -2.0%

$ -

Ending Fund Balance $ 91,095 $ 243,952 $ 243,952

Special Revenue (Fund 21) – Donations

Fund 21 is used to account for private donations that are designated for a specific purpose.

When expenditures are made in later years after the donation has been received, unspent revenue is held

as fund balance until the expenditure is made.


2015-2016 2016-2017 2017-2018


Revenues $ 255,878 $ 647,343 $ -

Expenditures $ 194,069 $ 494,486 $ -


34

Special Revenue (Fund 27) Special Education

The Special Education Fund is a combination of all special education costs. The primary source of

revenue, to balance revenues and expenditures, is an operating transfer from the General Fund. This

complies with the Wisconsin Department of Public Instruction requirement to account for special

education revenues and costs in Special Revenue Fund 27.


Revenues & Other Financing Sources 2015-2016 2016-2017 2017-2018 Difference % Change

Open Enrollment Tuition $ 55,442 $

$

State & Fed. Aid thru intermediate 38,317 33,643 32,000 $ (1,643) -4.9%

State Categorical Aid 1,545,340 1,531,109 1,490,999 $ (40,110) 2.6%

Federal Grants 789,347 925,789 813,216 $ (112,573) -12.2%

Operating Transfer-In 4,345,718 4,237,487 4,711,041 $ 473,554 11.2%

Total $6,774,164 $6,728,028 $ 7,047,256 $ 319,228 4.7%

Audited Audited Budget Expenditures & Other Financing by Object 2015-2016 2016-2017 2017-2018 Difference % Change

Salaries $4,375,879 $4,490,147 $ 4,617,275 $ 127,128 2.8%

Fringe Benefits 1,613,471 1,617,655 1,735,200 $ 117,545 7.3%

Purchased Services 654,318 456,038 541,790 $ 85,752 18.8%

Non-capital Object 121,995 140,925 126,391 $ (14,534) -10.3%

Capital Equipment - 12,374 13,000 $ 626 5.1%

Dues & Fees 8,501 8,501 12,100 $ 2,710 24.9%

Total $6,774,164 $6,728,029 $ 7,047,256 $ 319,227 4.7%

Beginning Fund Balance $ - $ - $ -

Ending Fund Balance $ - $ - $ -


Expenditures by Function 2015-2016 2016-2017 2017-2018 Difference % Change

Instruction $5,175,021 $5,320,266 $ 5,484,321 $ 164,055 3.1%

Pupil Services 751,742 693,044 761,855 $ 68,811 9.9%

Instructional Staff Services 274,673 259,049 273,335 $ 14,286 5.5%

Otr Support Services 193,731 187,333 198,645 $ 11,312 6.0%

Tuition Payments 378,997 268,337 329,100 $ 60,763 22.6%

Total $6,774,164 $6,728,029 $ 7,047,256 $ 319,227 4.7%

35

Fund 27-Revenues and Other Financing Sources

36

Expenditures and Other Financing Uses by Object

2017-2018 Budget

37

Title IV Native Education Grant (Fund 29) This is a Federal grant to assist Native American students. The grant provides tutoring and guidance

services for Native American students.

Revenues & Other Financing Sources Audited

2015-2016 Audited

2016-2017 Audited

2017-2018 Difference % Change

Federal Grant 28,427 26,767 23,879 $ (888) -3.6%

Total $ 28,427 $ 26,767 $ 23,879 $ (888) -3.6%

Expenditures & Other Financing Uses Audited

2015-2016 Audited

2016-2017 Audited


Salaries $ 22,504 $ 19,996 $ 18,946 $ (1,050) -5.3%

Fringe Benefits 4,084 3,748 3,794 $ 46 1.2%

Purchased Services 379 502 750 $ 248 49.4%

Non-capital Object 1,460 521 389 $ (132) -25.3%

Total $ 28,043 $ 24,767 $ 23,879 $ (888) -3.6%



Expenditures by Function Audited

2015-2016 Audited

2016-2017 Audited


Pupil Services $ 28,048 $ 24,465 $ 23,379 $ (1,086) -4.4%

Staff Development 379 302 500 $ 198 65.6%

Total $ 28,427 $ 24,767 $ 23,879 $ (888) -3.6%

38

Debt Service Funds (Funds 38 and 39) The Debt Service Funds are use to account for payments of interest and principal paid on long-term

debt. There are two Debt Service Funds- Fund 38 and Fund 39

Fund 38 is used to account for the repayment of debt that was not approved by referendum. Fund

38 is used to account for the repayment of bonds that were issued in September, 2014 for

renovation projects at Glenbrook Elementary, bonds that were issued in March, 2016 for Phase I of

the Field of Dreams project (100% of the FOD debt payments are made with donations not tax

dollars, and bonds that were issued in July 2017 for the Energy Efficiency Act 32 projects.. The

property tax levy that is needed to make the Fund 38 debt payments for the Glenbrook bonds

reduces the amount of revenue available for General Fund expenditures under the state revenue

limit. For 2017-2018, the General Fund property tax levy has been reduced by the $328,950 tax levy

that will be required for Fund 38 debt payments.

Fund 39 is used to account for repayment of debt that was approved by referendum. Property taxes

are levied in the amount needed to make the principal and interest payments. For 2017-2018 that

amount is $ 1,341,799.

Debt Service Fund 38 2015-2016 2016-2017 2017-2018

Bond premium $ 15,792

Property Tax Levy $ 331,000 $ 328,200 $ 557,189

Other 189,551 $ 787,886 306,400

Total $ 520,551 $ 1,116,086 $ 863,589

Expenditures & Other Financing Uses Interest Payments $ 52,400 $ 106,057 $ 227,657 Principal Payment 280,000 575,000 540,000 Total $ 332,400 $ 681,057 $ 767,657



Debt Service Fund 39 2015-2016 2016-2017 2017-2018 % Change

Property Tax Levy $ 1,613,079 $ 1,639,241 $ 1341,799 -18.1%

Other revenue from bond sale $ - $ - $ - Investment Income 308 238 110 -53.8%

Total $ 1,639,341 $ 1,639,479 $ 1,341,909 -18.2%

Expenditures & Other Financing Uses % Change

Bond Principal 1,440,000 1,500,000 1,235,000 -17.7%

Bond Interest 188,916 157,241 121,242 -22.9%

Other cost- refinancing - - -

Total $ 1,628,916 $ 1,657,241 $ 1,356,242 -18.2%



39

DISTRICT DEBT STRUCTURE

LONG-TERM GENERAL OBLIGATION DEBT

Original Amount

Interest Rates

Due Serially To

Principal Outstanding

as of 06/30/2017

G.O. Bonds $10,745,000

2.00%-2.45% 3/1/2018 $930,000

G.O. Bonds $4,370,000

2.00%-3.125% 3/1/2028 $4,070,000

G.O. Bonds $2,700,000

1.0%-2.5% 3/1/2024 $2,420,000 G.O. Bonds $2,800,000

1.50% - 2.50% 3/1/2026 $2,505,000

$9,925,000

Total Debt Service

Year Due

Principal

Interest

Total Payments

2017

$ 2,075,000.00

$ 242,967.00

$ 2,317,967.00

2018

1,775,000.00

430,389.00

2,205,389.00

2019

1,725,000.00

367,407.00

2,092,407.00

2020

1,755,000.00

332,932.00

2,087,932.00

2021

1,795,000.00

297,432.00

2,092,432.00

2022

1,830,000.00

260,238.00

2,090,238.00

2023

1,885,000.00

209,888.00

2,094,888.00

2024

1,935,000.00

154,082.00

2,089,082.00

2025

1,650,000.00

110,344.00

1,760,344.00

2026

1,690,000.00

70,525.00

1,760,525.00

2027

1,420,000.00

31,044.00

1,451,044.00

2028

395,000.00

6,172.00

401,172.00

$19,930,000.00

$2,513,420.00

$ 22,443,420.00

40

CAPITAL PROJECTS FUNDS

Fund 41 is appropriated for building maintenance/remodeling projects. The General Fund property levy

was reduced by $265,000 to establish a Fund 41 Capital Expansion Fund as allowed by D.P.I. This money

may only be used for maintenance and remodeling of buildings or sites, and may not be transferred back

to the General Fund. Fund 41 is used primarily for parking lot and roof maintenance and flooring

replacements.

Fund 49 is a required fund designated by D.P.I. to record capital equipment purchases and capital

maintenance projects that are financed with debt. The Board of Education approved the issuance of $2.8

million general obligation bonds in March 2016 for constructing and equipping new outdoor athletic

facilities. Payments will be funded through donations to the Field of Dreams. In June of 2017 the Board

of Education approved Act 32 Energy Efficiency projects and the issuance of $8.5 million of general

obligation bonds. Payments are funded with tax levy dollars minus the amount of energy cost savings

guaranteed by H&H the performance contractor.


Capital Expansion-Fund 41 2015-2016 2016-2017 2017-2018

Property Tax Levy $ 265,000 $ 265,000 $ 265,000

Total $ 265,000 $ 265,000 $ 265,000

Expenditures & Other Financing Uses

Maintenance Services $ 199,918 $ 330,082 $ 265,000

Total $ 199,918 $ 330,082 $ 265,000

Beginning Fund Balance $ - $ 65,082 $ -

Ending Fund Balance $ 65,082 $ - $ -


Financed Capital Projects - Fund 49 2015-2016 2016-2017 2017-2018

Interest income $ 1,784 $ 727 $ -

Gifts 389,785

$

Financing revenue 2,800,000

8,500,000

Total $ 3,191,569 $727 $ 8,500,000

Expenditures & Other Financing Uses Energy Efficiency Projects $3,740,000

Athletic Complex 1,530,525 1,650,130 Maintenance Referendum 115,809

Glenbrook Remodel 1,208,529

Total $ 2,854,863 $1,650,130 $ 3,740,000

Beginning Fund Balance $ 2,187,057 $1,660,887 $ 11,484

Ending Fund Balance $ 1,660,887 $ 11,484 $ 4,771,484

41

FOOD SERVICE FUND

The Food Service Fund is used to account for revenues and expenditures and associated with providing

nutritious meals for students.

The District offers full meal preparation centers at all school buildings.

The District participates in the Federal School Breakfast and Federal School Lunch programs. Lunch is

offered at all buildings and breakfast is offered at Fairview Elementary, Glenbrook Elementary, Hillcrest

Elementary, Sunnyside Elementary, Pulaski Community Middle School and Pulaski High School. The

Federal program sets the nutrition guidelines for school breakfast and lunch programs, and subsidizes

lunches for low- income families. Meals are offered at either a free or reduced rate for lunch and free

breakfast for students that meet family income guidelines. Federal aid (both monetary and donated

commodities) makes up 321% of the budgeted revenues for 2016-2017. The District receives federal

commodities to subsidize the lunch program. The value of the commodities expected to be received by the

district is 7% of the 2016-2017 budget.

Meal prices for 2017-2018 are as follows:

Elementary Middle School High School

Breakfast $1.50 $1.60 $1.60

Lunch $2.65 $2.90 $3.05

The District also offers a la carte meal options at the middle and high schools.

Since 2009-2010, parents have been able to make online credit card payments to family food service

accounts and review their children’s food service purchases through Skyward Family Access.

Beginning in the summer of 2017 the District has been approved to participate in a summer meal program

that offers free meals (breakfast and lunch) to children ages 18 and below.

42

Food Services



Transfer from general Fund 29,651

$ -

Sales 1,056,332 1,090,448 1,083,352 $ (7,096) -0.7%

State Aid 24,932 23,318 23,850 $ 532 2.3%

Federal Aid 419,657 464,409 533,557 $ 69,147 14.9%

Federal Commodities 102,084 109,645 109,645 $ 8,916 0.0%

Local grant

- $ -

Equipment Sales - 394 - $ - -100.0%

Total $ 1,632,656 $ 1,688,214 $ 1,750,404 $ 62,190 3.7%


Expenditures & Other Financing Uses 2015-2016 2016-2017 2017-2018 Difference % Change

Salaries $ 520,944 $ 514,105 $ 562,272 $ 48,167 9.4%

Fringe Benefits 237,434 228,203 270,648 $ 42,445 18.6%

Purchased Services 21,282 15,816 15,350 $ (466) -2.9%

Non-capital Object 849,242 884,059 898,034 $ 13,975 1.6%

Equipment - -

$ -

Dues & Fees 3,781 4,014 4,100 $ 86 2.1%

Total $ 1,632,683 $ 1,646,197 $ 1,750,404 $ 104,207 6.3%



43

Food Service Revenues

Food Service Expenditures

44

Community Service Fund

This Fund is used to account for revenues and expenditures associated with community use of the pool,

Pulaski News, community education classes, community recreation programs, middle school athletics

(which is open to any middle school age resident) the Pulaski police liaison officer and a part-time Hobart

police liaison officer.

The primary revenue sources for the pool are fees for classes, pool passes, concessions, and pool rentals.

The primary sources of revenues for adult education are fees paid by participants in the classes. The

primary sources of revenue for the Pulaski News are advertising revenues and subscriptions. The primary

source of revenue for the fitness facility, AAA After School programs and Red Raider Recreation

programs are fees paid by participants.

Revenues & Other Financing SourcesAudited Audited Budget

2015-2016 2016-2017 2017-2018 Difference % Change

Property Tax Levy 150,000$ 272,985$ 342,316$ 69,331$ 25.4%

Misc. PACE Revenue 1,162$ 980$ (980)$ -100.0%

Community Education Classes 51,844 60,193 67,000 6,807$ 11.3%

Piano Lessons 7,325 8,770 7,000 (1,770)$ -20.2%

PACE Setters 12,870 7,416 40,000 32,584$ 439.4%

Youth football 27,172 16,448 17,500 1,052$ 6.4%

Pulaski News - other adv. revenues 96,603 117,871 108,950 (8,921)$ -7.6%

Pool Admissions 65,977 62,100 57,500 (4,600)$ -7.4%

AAA-PMCS After School 2,020 2,370 2,200 (170)$ -7.2%

AAA - Glenbrook 14,960 36,492 36,000 (492)$ -1.3%

AAA-After School - Hillcrest 32,505 43,703 38,000 (5,703)$ -13.0%

AAA_Sunnyside 33,620 32,800 (820)$ -2.4%

Red Raider Rec - Summer 45,490 46,118 - (46,118)$ -100.0%

Fitness Facility 6,059 4,530 4,500 (30)$ -0.7%

Total 513,987$ 713,596$ 753,766$ 40,170$ 5.6%


Expenditures & Other Financing Uses2015-2016 2016-2017 2017-2018 Difference % Change

Salaries 318,931$ 373,276$ 372,516$ (760)$ -0.2%

Fringe Benefits 78,321 83,196 86,842 3,646$ 4.4%

Purchased Services 170,287 170,408 197,270 26,862$ 15.8%

Non-capital Object 72,331 75,925 84,698 8,773$ 11.6%

Equipment 267 8,195 10,200 2,005$ 24.5%

Dues & Fees 1,712 1,419 2,240 821$ 57.9%

Total 641,849$ 712,419$ 753,766$ 41,347$ 5.8%

Beginning Fund Balance 153,432$ 25,570$ 26,747$

Ending Fund Balance 25,570$ 26,747$ 26,747$

45

Cooperative Program Fund (Fund 99)

This fund was used to account WIAA competitions. Losses from WIAA competitions are reimbursed by

WIAA and profits from competitions are shared with WIAA.


Activity Income 15,041 9,792 8,000 $ (1,792) -18.3%

Total $ 15,041 $ 9,792 $ 8,000 $ (1,792) -18.3%

Expenditures by Function 2015-2016 2016-2017 2017-2018 Difference % Change

Instruction $ 6,750 $ 6,262 $ 6,500 $ 238

Non-program transactions 8,291 3,534 1,500 $ (2,034) -57.6%

Total $ 15,041 $ 9,796 $ 8,000 $ (1,796) -18.3%



46

PULASKI COMMUNITY SCHOOL DISTRICT BALANCE SHEET AS OF JUNE 30, 2017

Fund 10 General Fund

Fund 21 Trust Fund

Fund 27 Special Ed.

Fund 29-Native American Grant

ASSETS Cash 34,224 257,248 543,628 2,296

Pretty Cash 13,996 - - - Investments 10,173,473 - - - Taxes Recievable 3,518,514 - - - Accounts Receivable 2,085 - - - Due From Other Funds - - - - Due From Govermental Units 536,775 - 198,078 - Inventory 1,749 - - - Prepaid Expenses 45,221 - - -

TOTAL ASSETS $ 14,326,038 $ 257,248 $ 741,706 $ 2,296

LIABILITIES Note Payable 3,500,000 - - -

Accounts Payable 169,472 13,297 53,311 Payroll & Benefit Payables 3,411,632 - 688,395 2,296

Accrued Interest 37,393 - - - Due to Other Funds - - - - Flex Benefits Payble (14,590) - - - Dental Claims Payble 180,758 - - - Deposits Payable - - - - Deferred Revenue 25,868 - - -

Total Liabilities $ 7,310,533 $ 13,297 $ 741,706 $ 2,296

FUND BALANCE Unspendable 46,970 - - -

Restricted - 243,952 - - Committed - - - - Assigned 6,968,535 - - - Unassigned - - - -

Total Fund Balance $ 7,015,505 $ 243,952 - -

47

PULASKI COMMUNITY SCHOOL DISTRICT BALANCE SHEET AS OF JUNE 30, 2017

Fund 41 & 49-Capital Projects

Fund 50-Food Service

Fund 72 Scholarship Trust

Fund 80- Community Services

Combined Balance Sheet Totals

ASSETS Cash 181,484 62,718 1,118 64,312 1,861,728

Petty Cash - - - 1,000 14,996

Investments - - - - 10,173,473

Taxes Receivable - - - - 3,518,514

Accounts Receivable - - - 11,978 14,063

Due from Other Funds - - - - -

Due from Governmental Units - 43,956 - - 779,211

Inventory - 16,779 - - 18,528

Prepaid Expenses - - - - 45,221

TOTAL ASSETS $ 181,484 $ 123,453 $ 987 $ 90,111 $ 16,425,734

LIABILITIES

Note Payable $ - $ - $ - $ - $ 3,500,000

Accounts Payable 170,000 7,931 170 8,952 241,343

Payroll & Benefit Payables - 9,353 - 20,784 4,130,055

Accrued Interest - - - - 37,393

Due to Other Funds - - - - -

Flex Benefits Payable - - - - (14,590)

Dentals Claims Payable - - - - 180,758

Deposits Payable - 47,322 - - 217,322

Deferred Revenue - - - 34,805 60,933

TOTAL LIABILITIES $ 170,000 $ 64,606 $ - $ 64,541 $ 8,353,214

FUND BALANCE

Unspendable - 58,848 - - 105,818

Restricted 11,484 - 948 - 256,384

Committed - - - 26,747 26,747

Assigned - - - - 7,751,202

Unassigned - - - - -

TOTAL FUND BALANCE 11,484 58,848 948 26,747 8,140,151

48


BALANCE SHEET AS OF JUNE 30, 2017

Fund 30 Debt Service

ASSETS Cash 715,047

Pretty Cash - Investments - Taxes Recievable - Accounts Receivable - Due From Other Funds - Due From Govermental Units - Inventory - Prepaid Expenses -

TOTAL ASSETS $ 715,047

LIABILITIES Note Payable $ -

Accounts Payable 10

Payroll & Taxes Payable -

Accrued Interest -

Due to Other Funds -

Flex Benefits Payable -

Dentals Claims Payable -

Deposits Payable -

Deferred Revenue -

TOTAL LIABILITIES $ -

FUND BALANCE Nonspendable $ -

Restricted - Committed - Assigned 715,037 Unassigned -

TOTAL FUND BALANCE $ 715,037

49

Proposed Tax Levy

Total Levy % Change Mill Rate

$6,904,661

$ 17.99

$7,133,162 3.3% $ 16.85

$6,989,482 -2.0% $ 15.34

$7,118,145 1.84% $ 13.99

$6,411,401 -9.93% $ 11.30

$7,057,878 10.08% $ 11.29

$8,900,958 26.11% $ 11.85

$9,689,425 8.86% $ 11.63

$10,632,033 9.73% $ 11.36

$11,192,396 5.27% $ 11.08

$11,697,335 4.51% $ 10.58

$12,752,764 9.02% $ 10.45

$11,721,424 -8.09% $ 8.84

$11,783,199 0.53% $ 8.20

$12,903,210 9.51% $ 8.75

$12,908,476 0.04% $ 8.34

$13,635,695 5.63% $ 8.90 K-12 State

$14,029,738 2.89% $ 9.24 Avg.

$14,542,514 3.65% $ 9.61 $9.84

$14,742,950 1.38% $ 9.82 $10.21

$14,975,651 1.58% $ 9.83 $10.37

$15,317,411 2.28% $ 9.77 $10.26

$14,238,007 -7.05% $ 8.84 $10.25

$14,063,552 -1.23% $ 8.73

50

Property Valuations

Equalized Valuation % Change

1997-98 $625,144,257

1999-00 $751,032,244 12.3%

2000-01 $832,800,898 10.9%

2001-02 $936,221,967 12.4%

2002-03 $1,010,139,282 7.9%

2003-04 $1,105,899,915 9.5%

2004-05 $1,220,539,718 10.4%

2005-06 $1,325,211,533 8.6%

2006-07 $1,436,246,368 8.4%

2007-08 $1,474,578,590 2.7%

2008-09 $1,547,106,683 4.9%

2009-10 $1,531,733,056 -1.0%

2010-11 $1,518,355,134 -0.9%

2011-12 $1,514,001,045 -0.3%

2012-13 $1,501,067,544 -0.9%

2013-14 $1,523,561,101 1.5%

2014-15 $1,568,833,897 3.0%

2016-17 $1,610,482,392 2.7%

Estimated $1,653,631,430 0.0%

51

Energy Efficiency Projects

Facility Total

Project Cost

Scope of Work

Fairview

Elementary

$279,602 Interior LED, Weatherizing

Building and Insulation, Energy

Recovery Ventilator, Demand

Controlled Ventilation, Upgrade

Kitchen Equipment, Roof, Water

Heater Upgrade, New Dish

Washer.

Lannoye Elementary $758,099 Interior/Exterior LED,

Weatherizing Building and

Insulation, Energy Recovery

Ventilators, Demand Controlled

Ventilation, Upgrade Kitchen

Equipment, Condensing Boiler,

Replace Rooftop Units, Complete

Air Intake for June Aire Unit,

Roof.

Sunnyside

Elementary

$810,515 Interior/Exterior LED,




Ventilation, Pneumatic to DDC

for Building Controls, Upgrade

Kitchen Equipment, Windows,

Roof, Variable Frequency Drive

for Chilled Water Pump, Separate

Air Handling Equipment for

Office, Convert Constant Volume

Air Handling Units to Variable

Volume, Chiller Replacement.

52

Hillcrest Elementary $792,245 Interior/Exterior LED,






Kitchen Equipment, Windows,

Roof, Pneumatic to DDC for

Building Controls, Add Variable

Frequency Drives to 3 Air

Handling Units, Replace Boiler,

Provide Chilled Water Coils, Add

Variable Frequency Drive to

AHU-4, Electrical Service

Upgrade, Variable Frequency

Drive for Chilled Water Pump.

Glenbrook

Elementary

$1,231,487 Interior/Exterior LED,






Kitchen Equipment, Convert

Electric Kitchen Booster Heater to

Natural Gas, Roof, High Velocity

Low Speed Fan, Variable

Frequency Drive for Hot Water

Pumps, Replace Chillers and

Condensing Unit, Area A Unit

Ventilators and Dedicated

Outdoor Air Unit, Gym Air

Handling Unit.

53

Middle School $1,854,592 Interior/Exterior LED,






Kitchen Equipment, Convert

Electric Kitchen Booster Heater to

Natural Gas, Roof, High Velocity

Low Speed Fan, Variable

Frequency Drive for Chilled

Water Pumps, Convert constant

volume Air Handling Units to

Variable Volume, Replace

Rooftop Units, Replace Old Gym

Air Handling Unit, New Cooling

Tower, Pool Electrical Upgrades,

Hot Water Replacement.

Insulation, Roof..

High School $2,758,378 Interior/Exterior LED, Energy

Recovery Ventilators, Demand

Controlled Ventilation, High

Velocity Low Speed Fan, Boiler

Upgrade, Roof, Condensing

Boiler, Variable Frequency

Drives.

Bus Garage $16,759 Interior/Exterior LED,


Insulation, HVAC Controls

Total $8,501,676

budget hearing & annual meeting · minutes of the 2015 annual meeting were prepared and were...

Documents