2019-20 BudgetBoard Deliberation: Monday, October 7, 2019 @ 4:00 p.m.

Public Engagement: Tuesday,October 15, 2019 @ 6:00 p.m.

Public Hearing: Monday,October 21, 2019 @ 6:00 p.m.

Budget Adoption: Monday, October 21, 2019 following the Public Hearing

All meetings held at the District Office, 200 S. Broadway

Mission Statement:Mission: We educate all students to be college, career and community ready, inspired to succeed in our diverse world.

Purpose of the Meeting

Per Wisconsin Statute 65.90, staff and board shall formulate a proposed budget, hold a public hearing and adopt a budget identifying expected revenues, expenditures and fund balances.

• Important Factors in the Budget Process• Budget Summary

1. General Fund2. Special Education Fund3. All Other Funds

• Budget Proposal Summary

Agenda

4

State Budget Impacts GBAPS 19-201. Per pupil aid amount is $742 per

student2. Rev Cap increase of $175 per student

Important Factors in the Budget Process

5

1. Fall Property Valuation – $9,311,617,9602. Sept. Student Membership – 21,0723. State Aid- Oct 15 $161,056,297 (est)4. Voucher Impact – Oct 15 $6,655,609 (est)

Important Factors in the Budget Process

6

7

Important Factors in the Budget Process

8

Fair Market Value

School Year Property Valuation Change10-11 8,199,747,364 11-12 8,041,865,132 (-1.93%)12-13 7,753,109,665 (-3.59%)13-14 7,908,840,307 2.01%14-15 7,980,375,110 0.90%15-16 8,155,078,816 2.19%16-17 8,272,887,760 1.44%17-18 8,611,359,305 4.09%18-19 8,906,285,059 3.42%19-20 9,311,617,960 4.55%

0

1,000,000,000

2,000,000,000

3,000,000,000

4,000,000,000

5,000,000,000

6,000,000,000

7,000,000,000

8,000,000,000

9,000,000,000

10,000,000,000

Property Valuation

Important Factors in the Budget Process

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19,500

20,000

20,500

21,000

21,500

22,000

22,500

Sept Membership (FTE)

School Year Sept. Membership (FTE) Change

10-11 20,563

11-12 20,779 1.05%

12-13 21,101 1.55%

13-14 21,485 1.82%

14-15 21,610 0.58%

15-16 21,637 0.12%

16-17 21,946 1.43%

17-18 21,636 (-1.41%)

18-19 21,320 (-1.46%)

19-20 21,072 (-1.16%)

Important Factors in the Budget Process

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School Year General State Aid History Change10-11 129,663,771 11-12 120,632,386 (-6.97%)12-13 127,637,677 5.81%13-14 132,945,727 4.16%14-15 137,813,882 3.66%15-16 140,649,565 2.06%16-17 151,960,507 8.04%17-18 155,789,846 2.52%18-19 156,894,030 0.71%19-20 161,056,297 2.65%est

0

20,000,000

40,000,000

60,000,000

80,000,000

100,000,000

120,000,000

140,000,000

160,000,000

180,000,000

General State Aid History

Budget Summary

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General Fund Revenues: page 4

The General Fund (Fund 10) shows budgeted revenues for 2019-20 at approximately $279.1M, which is an increase from 2018-19 of approximately $3.5M (1.3%).

Factors in Actual Revenues• Membership down 282 students (FTE)• Per Pupil Aid Increase $88/pupil ($1.7M)• Revenue Limit Per Pupil Adjustment

$175 per pupil ($750K)

Revenue Limit

12

DISTRICT: 10/2/2019DATA AS OF 5/31/2019, 7:55 AM

Line 1 Amount may Not Exceed Line 11 - (Line 7B+Line 10) of Final 18-19 Revenue Limit2018-19 General Aid Certification (18-19 Line 12A, src 621) + 156,894,030

2018-19 Computer Aid Received (18-19 Line 12C, Src 691) + 733,904

2018-19 Hi Pov Aid (18-19 Line 12B, Src 628) + 1,808,5332018-19 Aid for Exempt Personal Property (18-19 Line 12D, Src 691) + 636,7862018-19 Fnd 10 Levy Cert (18-19 Line 14A, Levy 10 Src 211) + 72,184,353

2018-19 Fnd 38 Levy Cert (18-19 Line 14B, Levy 38 Src 211) + 0

2018-19 Fnd 41 Levy Cert (18-19 Line 14C, Levy 41 Src 211) + 0

2018-19 Aid Penalty for Over Levy (18-19 FINAL Rev Limit Wksht) - 66,7832018-19 Total Levy for All Levied Non-Recurring Exemptions* - 23,322,523*NET 2019-20 Base Revenue Built from 18-19 Data (Line 1) = 208,868,300

*For 2018-19 Non-Recurring Exemptions Levy Amount, enter actual amount for which district levied; (7B Hold Harmless, Non-Recurring Referenda, Declining Enrollment, Energy Efficiency Exemption, Refunded/Rescinded Taxes, Prior Year Open Enrollment Pupils, Reduction for Ineligible Fund 80 Expends, Environmental Remediation, Private School Voucher Aid Deduction, Private School Special Needs Voucher Aid Deduction)

September & Summer FTE Membership Averages Count Ch. 220 Inter-District Resident Transfer Pupils @ 75%.Line 2: Base Avg:((16+.4ss)+(17+.4ss)+(18+.4ss)) / 3 = 21,865

2016 2017 2018Summer FTE: 581 596 559% (40,40,40) 232 238 224Sept FTE: 21,946 21,636 21,320Special Needs

0 0 0Vouchers FTENew ICS - Independent Charter Schools FTE 0 0 0

Total FTE 22,178 21,874 21,544

Line 6: Curr Avg:((17+.4ss)+(18+.4ss)+(19+.4ss)) / 3 = 21,551

2017 2018 2019Summer FTE: 596 559 476 "Current Average" for use in 19-20% (40,40,40) 238 224 190 Per-Pupil Aid calc (does not includeSept FTE: 21,636 21,320 21,046 Special Needs Voucher FTESpecial Needs

0 0 0or New ICS - Independent

Vouchers FTE Charter Schools FTE).New ICS - Independent Charter Schools FTE 0 0 0

Average without SNSP/ICS:21,551

Total FTE 21,874 21,544 21,236

Line 10B: Declining Enrollment Exemption = 3,054,476

Average FTE Loss (Line 2 - Line 6, if > 0) 314X 1.00 = 314

X (Line 5, Maximum 2018-2019 Revenue per Memb) = 9,727.63

Non-Recurring Exemption Amount:

3,054,476

Fall 2019 Property Values (actuals have been loaded below)

2019 TIF-Out Tax Apportionment Equalized Valuation 9,311,617,960

2019-2020 Revenue Limit Worksheet 1. 2018-19 Base Revenue (Funds 10, 38, 41) (from left) 208,868,3002. Base Sept Membership Avg (2016+.4ss, 2017+.4ss, 2018+.4ss)/3 (from left) 21,8653. 2018-19 Base Revenue Per Member (Ln 1 / Ln2) (with cents) 9,552.634. 2019-20 Per Member Change (A+B+C) 175.00

A.Allowed Per-Member Change 175.00B.Low Rev Incr (Enter DPI Adjustment) 0.00C.Low Rev Dist in CCDEB (Enter DPI Adjustment) 0.00

5. 2019-20 Maximum Revenue / Member (Ln 3 + Ln 4) 9,727.636. Current Membership Avg (2017+.4ss, 2018+.4ss, 2019+.4ss)/3 (from left) 21,5517. 2019-20 Rev Limit, No Exemptions (Ln7A + Ln 7B) (rounded) 209,640,154

A.Max Rev/Memb x Cur Memb Avg (Ln 5 x Ln 6) 209,640,154B.Hold Harmless Non-Recurring Exemption 0

8. Total 2019-20 Recurring Exemptions (A+B+C+D+E) (rounded) 223,698A.Prior Year Carryover 0B.Transfer of Service 223,698C.Transfer of Territory/Other Reorg (if negative, include sign) 0D.Federal Impact Aid Loss (2017-18 to 2018-19) 0E.Recurring Referenda to Exceed (If 2019-20 is first year) 0

9. 2019-20 Limit with Recurring Exemptions (Ln 7 + Ln 8) 209,863,852

10. Total 2019-20 Non-Recurring Exemptions (A+B+C+D+E+F+G+H+I) 26,341,882

A.Non-Recurring Referenda to Exceed 2019-20 Limit 16,500,000B.Declining Enrollment Exemption for 2019-20 (from left) 3,054,476C.Energy Efficiency Net Exemption for 2019-20 (see pg 4 for details) -7,681D.Adjustment for Refunded or Rescinded Taxes, 2019-20 50,844E.Prior Year Open Enrollment (uncounted pupil[s]) 0F.Reduction for Ineligible Fund 80 Expenditures (enter as negative) 0G.Environmental Remediation Exemption 0H.WPCP and RPCP Private School Voucher Aid Deduction 6,655,609I.SNSP Private School Voucher Aid Deduction 88,634

11. 2019-20 Revenue Limit With All Exemptions (Ln 9 + Ln 10) 236,205,73412. Total Aid to be Used in Computation (12A + 12B + 12C + 12D) 163,920,712

A.2019-20 October 15 Aid Certification → Cell is locked. 161,056,297B.State Aid to High Poverty Districts (not all districts) 1,475,819C.State Aid for Exempt Computers (Source 691) 751,810D.State Aid for Exempt Personal Property (Source 691) 636,786

REMEMBER TO USE THE OCTOBER 15 AID CERTIFICATION WHEN SETTING THE DISTRICT LEVY.13. Allowable Limited Revenue: (Line 11 - Line 12) 72,285,022

(10, 38, 41 Levies) 14. Total Limited Revenue To Be Used (A+B+C) Not >line 13 72,285,022

Entries Required Below: Enter amnts needed by purpose and fund:

A.Gen Operations: Fnd 10 Src 211 72,285,022 (Proposed Fund 10)B.Non-Referendum Debt (inside limit) Fund 38 Src 211 0 (to Budget Rpt)C.Capital Exp, Annual Meeting Approved: Fund 41 Src 211 0 (to Budget Rpt)

15. Total Revenue from Other Levies (A+B+C+D) 20,564,368A.Referendum Apprvd Debt (Fund 39 Debt-Src 211) 17,800,000B.Community Services (Fund 80 Src 211) 2,764,368 (to Budget Rpt)C.Prior Year Levy Chargeback for Uncollectible Taxes (Src 212) 0 (to Budget Rpt)D.Other Levy Revenue - Milwaukee & Kenosha Only 0 (to Budget Rpt)

16. Total Fall, 2019 ESTIMATED All Fund Tax Levy (14A + 14B + 14C + 15) 92,849,390Line 16 is the total levy to be apportioned in the PI-401. Levy Rate = 0.00997135

Budget Summary

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General Fund Expenditures: page 8

The General Fund shows budgeted expenditures for 2019-20 of $279.1M, which is an increase from 2018-19 of approximately $7.4M (2.65% increase) due to several changes:

Increase Salaries and Benefits $14MDecrease Contracted Services - $1.2MDecrease Non-Capital/Capital Purchases - $4.3MIncrease Special Education Transfer $2.5MDecrease Debt Transfer (EEE Related) -$4M

Budget Summary

14

Special Education Fund Revenues: page 17

Total anticipated revenues for Fund 27 is $52.2M.The revenues in this fund come from three sources

Local – 67% - $35M transfer from fund 10 State – 25.85% through reimbursement of categorical aid from prior year's expenditures Federal – 10% grants and Medicaid

Budget Summary

15

Special Education Fund Expenditures: page 21

Expenditures are expected to increase by $5 million for 2019-20Maintenance of Effort (MOE) - School districts that receive federal special education aid are required to maintain the same or greater local funding from one year to the next on a per-pupil basis

• With the included budget, it is calculated that the District will be in compliance with MOE

Budget Summary

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All Other Funds:Special Revenue Fund 21 (Gifts ) - $2,000,000 page 13Indian Education Fund 22 – $269,733 page 15Head Start Fund 29 - $6,044,083 page 22Debt Service Fund 30 - page 24Capital Projects Fund 40 - page 26Food Service Fund 50 - page 28Trust Fund 72 - $40,000 page 30Community Service Fund 80 - page 32

TOTAL ALL FUNDS : $382,876,660

Property Levy ($) and Rate (%) Info

• Rate is spread out equally among all taxpayers(8 municipalities)

• Changes in property values (increases and decreases) across the state impact GBAPS

• 2019-20 Property Value Increase by 4.55%

• 2019-20 Levy Increase by 4.11% (est)

• Mill Rate will decrease compared to 2018-19

Tax (Mill) Rate = Property Taxes

(Levy) ÷ Total Assessed (Fair Market)

Value

17

• A balanced general fund is being presented

• Staffing and raises are budgeted

• Debt refunding possible for the spring 2020 at $800K to pay debt earlier than scheduled

• The mill rate (%) is estimated to fall by approximately 0.39% to 9.97.

2019-20 Budget Proposal

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Mill Rate Proposal

19

School Year Mill Rate History Change10-11 9.67 11-12 10.02 3.62%12-13 10.39 3.69%

13-14 10.11 (-2.69%)14-15 10.02 (-0.89%)15-16 10.16 1.40%16-17 10.16 0.00%17-18 10.10 (-0.59%)18-19 10.01 (-0.89%)19-20 9.97 (-0.40%)est

9.20

9.40

9.60

9.80

10.00

10.20

10.40

10.60

10-1111-1212-1313-1414-1515-1616-1717-18 18-1919-20

Mill Rate History

Estimates and assumptions are still visible this afternoon as we discuss both revenues and expenditures. Because of this:

• Equalized aid and voucher count will be updated for 10/21 Budget Adoption

• Salaries & minor staffing need to be finalized• Budget is a working document…amendments will be brought

forward as changes are made• The 2020-21 budget process is already underway

Estimates and Assumptions

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Thank you…

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