| A | B | C | D | |
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1 | Budget Summary 2018-19 | |||
2 | Contact: Lisa Anderson, Business Manager | Telephone: 503-876-1502 | Email: lisa.anderson@willamina.k12.or.us | |
3 | ||||
4 | FINANCIAL SUMMARY - RESOURCES | Actual Amount Last Year 2016-17 | Adopted Budget This Year 2017-18 | Approved Budget Next Year 2018-19 |
5 | Beginning Fund Balance | $4,084,031 | $3,651,187 | $3,248,552 |
6 | Current Year Property Taxes, other than Local Option Taxes | 2,038,963 | 2,070,841 | 2,158,797 |
7 | Current Year Local Option Property Taxes | |||
8 | Other Revenue from Local Sources | 798,013 | 992,912 | 1,194,540 |
9 | Revenue from Intermediate Sources | 257,670 | 253,149 | 356,955 |
10 | Revenue from State Sources | 7,121,065 | 6,392,340 | 7,208,771 |
11 | Revenue from Federal Sources | 1,223,695 | 1,338,402 | 1,389,138 |
12 | Interfund Transfers | 271,272 | 312,039 | 315,000 |
13 | All Other Budget Resources | 5,800 | 2,500 | |
14 | Total Resources of ALL FUNDS | $15,800,508 | $15,010,871 | $15,874,253 |
15 | ||||
16 | FINANCIAL SUMMARY - REQUIREMENTS BY OBJECT CLASSIFICATION | Actual Amount Last Year 2016-17 | Adopted Budget This Year 2017-18 | Approved Budget Next Year 2018-19 |
17 | Salaries | $4,734,907 | $5,145,723 | $5,421,768 |
18 | Other Associated Payroll Costs | 2,863,547 | 3,341,087 | 3,718,360 |
19 | Purchased Services | 1,312,749 | 1,717,448 | 1,724,395 |
20 | Supplies & Materials | 1,137,896 | 1,229,750 | 1,305,621 |
21 | Capital Outlay | 136,943 | 1,171,196 | 930,056 |
22 | Other Objects (except debt service & interfund transfers) | 123,481 | 100,573 | 100,210 |
23 | Debt Service* | 506,654 | 526,247 | 510,040 |
24 | Interfund Transfers* | 271,272 | 312,039 | 315,000 |
25 | Operating Contingency | 1,070,607 | 1,482,396 | |
26 | Unappropriated Ending Fund Balance & Reserves | 4,713,059 | 396,201 | 366,407 |
27 | Total Requirements | $15,800,508 | $15,010,871 | $15,874,253 |
28 | ||||
29 | FINANCIAL SUMMARY - REQUIREMENTS AND FULL-TIME EQUIVALENT EMPLOYEES (FTE) BY FUNCTION | Actual Amount Last Year 2016-17 | Adopted Budget This Year 2017-18 | Approved Budget Next Year 2018-19 |
30 | 1000 Instruction | $6,086,425 | $6,652,254 | $7,237,422 |
31 | FTE | 72.28 | 74.06 | 78.65 |
32 | 2000 Support Services | 3,603,699 | 4,399,562 | 4,524,157 |
33 | FTE | 28.41 | 35.42 | 31.82 |
34 | 3000 Enterprise & Community Service | 545,202 | 842,547 | 898,331 |
35 | FTE | 5.67 | 4.67 | 4.83 |
36 | 4000 Facility Acquisition & Construction | 74,197 | 811,412 | 540,500 |
37 | FTE | |||
38 | 5000 Other Uses | |||
39 | 5100 Debt Service* | 506,654 | 526,247 | 510,040 |
40 | 5200 Interfund Transfers* | 271,272 | 312,039 | 315,000 |
41 | 5400 PES UAL Payments* | |||
42 | 6000 Contingency | 1,070,607 | 1,482,396 | |
43 | 7000 Unappropriated Ending Fund Balance | 4,713,059 | 396,201 | 366,407 |
44 | Total Requirements | $15,800,508 | $15,010,871 | $15,874,253 |
45 | Total FTE | 106.36 | 114.15 | 115.3 |
46 | * not included in total 5000 Other Uses. To be appropriated separately from other 5000 expenditures. | |||
47 | STATEMENT OF CHANGES IN ACTIVITIES and SOURCES OF FINANCING | |||
48 | The 2018-19 Budget was developed in a manner consistent with the 2017-18 Budget. Revenue estimates are based upon data provided to the district from the Oregon Department of Education and other agencies. Expenditures reflect current collective bargaining agreements and our estimates of inflationary factors in other areas. Overall our estimated staffing is increasing slightly in anticipation of the changing programatic needs for students. | |||
49 | ||||
50 | PROPERTY TAX LEVIES | |||
51 | Levy Type | Rate or Amount Imposed | Rate or Amount Imposed | Rate or Amount Approved |
52 | Permanent Rate Levy (Rate Limit $5.0022 per $1,000) | 5.0022 | 5.0022 | 5.0022 |
53 | Local Option Levy | |||
54 | Levy For General Obligation Bonds | $233,000 | $235,000 | |
55 | ||||
56 | STATEMENT OF INDEBTEDNESS | |||
57 | LONG TERM DEBT | Estimated Debt Outstanding on July 1 | Estimated Debt Authorized, But Not Incurred on July 1 | |
58 | General Obligation Bonds | $1,597,400 | $0 | |
59 | Other Bonds | $2,506,249 | $0 | |
60 | Other Borrowings | $318,236 | $0 | |
61 | Total | $4,421,885 | $0 | |