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What we know right now for FY 2021

Revenue

Level funding from County (equal to FY 2020 amount)
Federal CARES Act Stimulus Funding (rolled over from FY 2020 - $255,214)
General Assembly “unallotted” budget approved April 22, 2020
Federal funds (same as awarded in FY 2020)

Expenses

Cost of full-time staff and benefits, as amended (no raise, but keeping health insurance rates at FY 2020 levels)
Baseline costs for business continuity

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What we don’t know for FY 2021

Revenue

FY 2021 Lottery proceeds ($420K total, possible 10-20% loss or -$42,000-84,000 in new Infrastructure funds) - only budgeted $7,000 loss
FY 2020 County Turnback, unbudgeted
FY 2021 State sales tax ($3.15M new amended budget, down 9% from FY19 but real impact unknown)
State budget based on ADM - anticipate an ADM loss. Amended budget - down 25 students, $42,500 less state revenue
Private set-aside for Stimulus Grant

Expenses

Higher costs for social distancing, PPE, cleaning supplies, additional SPED services, transportation, other unknowns

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Importance of Maintaining Strategic Plan Goals

Amended budget still needs to adhere to our mission to maximize the potential of EVERY learner

Goal 1: Preparing our students for life through deeper learning - giving ALL of our students the best learning environment possible next year

Goal 2: Improving the school climate - keeping our staff compensation as whole as possible; communicating what we are doing frequently with the community

Goal 3: Safe schools with effective management - stress on physical and mental safety of division; using our limited resources as responsibly as possible

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Amended FY 2021 Budget Revenue - Operating Fund

	FY20 Adopted	FY21 Adopted	FY21 Amended	FY20 - Amended FY21 Difference
	ADM 2600	ADM 2525	ADM 2500	-100
Local charges for services	$329,230	$324,541	$321,341	-$7,889
State SOQ/Incentives/VPSA	3,910,519	3,946,740	3,831,096	-79,423
State Sales tax	3,451,033	3,688,677	3,150,020	-301,013
State Lottery**	409,478	379,372	414,186	4,708
County Transfer (more to textbook)*	23,102,564	24,062,9212	23,115,060	-5,504
Total	$31,220,824	$32,402,242	$30,831,703	-$389,121

*County transfer is level funded - it also includes the money the County puts in the Textbook fund

**General Assembly shifted more grants to be lottery funded than Governor’s Dec. budget (FY21)

Decline -1.25%

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Amended FY 2021 Budget Expenses - Operating Fund

	FY20 Adopted	FY21 Adopted	FY21 Amended	FY20 to Amended FY21 Difference
Instruction	$21,586,304	$22,734,995	$21,607,652	$21,348
Administration/Health	2,017,598	2,078,782	2,027,339	9,741
Pupil Transportation*	2,540,753	2,579,323	2,317,561	-223,192
Operations/Maintenance (+Facilities)	2,654,867	2,719,837	2,664,595	9,728
Technology**	2,421,302	2,284,305	2,214,556	-206,746
Total	$31,220,824	$32,402,242	$30,831,703	-$389,121

*Mainly due to not purchasing 2 school buses $190,000 **Apple lease dropped, personnel change

NOTE: Overall decline in FTE of 1.9 (all funds)

Decline -1.25%

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Cost saving measures in Amended FY 2021 budget

Eliminated almost all new spending and positions in adopted FY21 budget (as described during April 14 School Board meeting) - no raises for current staff
Halved all conference/professional development lines from FY20 budget level
Reduced Central Office controlled discretionary expenses (for example, decreased funding for innovation grants and some memberships; no printed annual report)
Secondary gifted coordinator position left vacant for FY21 school year - replaced with MS & HS gifted teacher stipends, secretarial support
Include turnover savings (budget reflects all hiring decisions through May 1)
Shifted some eligible expenses to be Federally-funded
Reduced subsidies for cafeteria and ACA (lower personnel costs w/o raises)

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POSSIBLE additional savings in FY 2021

(based on operational status):

Suspend some part-time positions that may not be needed due to Fall operational status: $95,000
No summer school or ESY expenses if cannot operate: $105,884 (less state funding $10,682)
Based on operational status - savings from robotics, marching band, drama, sports programs (coach stipends, registration fees, officials, bus stipends/fuel) $120,448
Budget for field trips for the year $53,550 (less local funding $15,100)
Suspend remaining conference/travel budget $13,760
Keep School security officer vacant (projected $26K operating fund, $9K Title IV grant)

-->If revenue declines, Total possible savings $388,860

-->When schools are shut down, then there will also be utility & bus fuel savings