Form F-195 is the official school district budget that must be filed with the Office of the Superintendent of Public Instruction (OSPI). The budget must include estimated revenues, expenditures, and fund balances for each fund. This data is to be compared with budgets for the prior and current years. The budget must also include total salary amounts and full-time equivalents. The high, low, and average annual salaries must be displayed by each job classification within each activity of each program. Districts must maintain and file district salary schedules for certificated and classified staff.
2017-18 Budget Overview
General Fund Expenditures
General Fund Revenue Sources
- Anticipate enrollment increase to 20,355 students. The district average headcount for the 2016/2017 school year was 20,001 students. Last year’s fall forecast was 20,111 and actual October 1 enrollment was 19,999. We were 0.6% short on enrollment last year which impacted the overall budget by $1.5 million.
- Over the past three years, both revenue and expenditures have been growing at an average of 9%. In each of the last three years, we have anticipated spending down a portion of the reserves. However, year end actuals thus far have resulted in our general fund reserves remaining relatively flat.
- Staffing model for elementary schools has been modified to include all students in general education classrooms in support of inclusion for all students.
- $3.2 million of the total special education increase of $6.9 million is a change in budgeting practices for costs to be reimbursed by safety net near the end of the fiscal year. Revenue was also increased to $2.3 million to partially offset this change.
- District-wide support costs including district administration has dropped from 13% to 12.4% of total general fund expenditures while expenditures in general education and special education have remained flat or increased as a percent of the total expenditures.
- The District’s reserves were expected to drop to $18.8 million at the end of 2016/2017. Based on the most recent forecasts, we anticipate starting 2017/2018 with reserves of $22.2 million, $3.4 million more than originally budgeted. Again this year, we have budgeted an anticipated $3.1 million decline in general fund reserves to $19.1 at the end of the fiscal year.
- At the end of the 2017/2018 fiscal year, the District’s reserves are expected to be $19.1 million which is 6.3% of General Fund expenditures.
- Both the Revenue and Expenditures include $7 million in capacity for grants and unanticipated enrollment.
- Capital and Technology funds will be spent on elementary school fields, facility modernization and renovations, application licenses, technology infrastructure and classroom technology and curriculum. The budgeted end of year balance for 2016/2017 was $2.1 million but the anticipated actual end of year budget is closer to $6.8 million. This year the budgeted end of year balance is $1.3 million. However, every project and area has some contingency built into it.
- Construction work continues on Tillicum MS and will begin on Wilburton Elementary and Stevenson Elementary schools. Preparation and demolition work will begin on Clyde Hill Elementary and Highland Middle School.
- The District is planning to sell $100 million in bonds in spring 2018.