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Skamania School District F-195 & F-195F 2019-20

Explore the revenue sources, expenditure distribution, and fund balance details of Skamania School District F-195 for the 2019-20 academic year.

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Skamania School District F-195 & F-195F 2019-20

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  1. Skamania School DistrictF-195 & F-195F 2019-20

  2. ENROLLMENT • K-8 = 66 (-16.73 vs 18/19 AAFTE) Decrease of 15 from 18/19 budget

  3. REVENUES • Federal (grants) • Title I, Title II, Food Service, etc. • State (general & special purpose) • Based on projected enrollment • Local (levy and direct payments) • Federal Forest proceeds budgeted at $90,000/yr for 19/20 thru 22/23 • Other Financing Sources – Grant contingencies • TOTAL = $1,490,006

  4. Revenue Summary

  5. Revenues

  6. EXPENDITURES & TRANSFERS • Staffing • Comprises approx. 52% of the total budget = $840,495 • M.S.O.C. (Materials, Supplies & Operating Costs) • Comprises approximately 58% of the budget = $764,901 • Grant contingency is $200,000 or 13% of the expenditure total • TRANSFERS • No Transfers are budgeted • TOTAL = $1,605,396

  7. Expenditure Summary

  8. Expenditures

  9. GENERAL FUND BALANCE • Beginning Undesignated/Unreserved (GL 890) = $370,017 • Estimated Total Ending Fund Balance = $191,627 • Net Change in Fund Balance Due to Operations = ($115,390)

  10. Required MSOC Disclosure MSOC information F-203 MSOC revenue generated: Regular Ed MSOC $85,349 Small School enhancement 1,661 MSOC revenue generated $87,010 Program 01 and 97 MSOC Expenditures $293,826 Expenditures over (under) revenue $206,816

  11. CAPITAL PROJECTS BUDGET • Capital Projects budget is a continuation of projects started or initiated in 2018-19. • Source of funding is State Urgent Repair Grant and Healthy Kids Food Service Grant

  12. CAPITAL PROJECTS BUDGET SUMMARY

  13. F-195F Background: • Four year outlook • Intended Use

  14. Assumptions: • District enrollment is budgeted to decrease by 3 to 4 FTE/year for years 2, 3, & 4. • Federal Forest monies are projected at $90,000 per year • Increases in operational MSOC to 2.0% per year for years 2/3/4 • Rate of growth in districtwide salary/benefits in years 2/3/4 is 2% • Local Levy will continue at $175 K per calendar year

  15. Summary View General Fund

  16. Outcomes: • Operational Deficit: Annual Expenditures outpace revenues in this look between $62 K to $115 K • Projected Fund Balance: This F-195F does not providea positive ending fund balance for at the end of year 4 ($45 K)

  17. Summary • Apportionment is basically flat over four year look due to falling enrollment. • Enrollment decrease from results in in decrease in funded CIS units from 4.983 units in 18-19 to 3.680 units for future years. Enrollment under 70 funds 4 Certificated units – 3.76 CIS and 0.32 CAS units. • The loss of the Small School Factor of an additional .500 unit for enrollment over 70 is the cause of the additional reduction.

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