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council bluffs community school district

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council bluffs community school district

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    1. Council Bluffs Community School District Budget2005-2006

    2. Budget Timeline2005-2006 Board Meeting Date: April 12, 2005 Distribute Information with Board Agenda: April 7, 2005 Component: Budget Public Hearing/Board Approval of the: 2005-2006 Budget Budget Reductions Budget Priorities

    3. Budget Priorities 2005-2006

    4. Budget Priorities

    5. Solvency RatioandBudget Reduction 2005-2006

    6. History of Solvency Ratio

    7. Budget Reduction Process Level One: Reduction of Operational Expenses or Increase in Revenue through Grants and Fees Level Two: Reduction in Personnel Costs without Layoffs or Program Cuts Level Three: Reduction or Elimination of Programs and Associated Personnel

    8. Budget Reduction 2005-2006 I. Facilities/Operational Support - $297,839 Lease buses from bus company. Reallocate Kanesville space/Integrate PACT program. Reduce summer school transportation. Reduce building and department budgets. Evaluate all energy savings possibilities.

    9. Budget Reduction 2005-2006 II. Program Support - $166,133 Reduce number of Extra/Co-Curricular stipends. B. Restructure use of substitutes. C. Adjust a portion of funding for police liaison officer. D. Shift cost of one position for elementary reading support. E. Outside provider for infant and toddler program.

    10. Budget Reduction 2005-2006 III. Staffing - $1,178,035 Reduce staff through attrition. Capture anticipated turnover savings. Savings achieved through mid-year vacancies 04-05. Participate in UNO Cadre Program. Consolidate after-school credit programs. Combine truancy, mediation and dropout recovery.

    11. Budget Reduction 2005-2006 IV. New Revenue - $48,280 Increase textbook fees-elementary. Increase driver’s ed. fees. Extend facility fees to more users; minimize waivers. Re-structure summer school and night high school fees. Consider renting facilities for outside events.

    12. School Finance Formula

    13. ALLOWABLE GROWTH INTRODUCTION The State Aid formula is complex. The State Aid formula provides financial equity for school districts, therefore, the opportunity for program equity. The Operating Fund is a mix of local property taxes and State Aid. Each district’s allowable growth is impacted by enrollment gains and losses. The Governor recommends and the legislature sets the allowable growth rate.

    14. Allowable Growth

    15. Tax Rate Estimate

    16. Allowable Growth

    17. Property Tax Rate

    18. Tax Rate Drop Out Prevention from $1,395,000 to $1,950,000 – Increase $555,000 Cash Reserve Levy from $250,000 to $545,000 – Increase $295,000 Management Levy from $750,000 to $975,000 – Increase $225,000 Total Increase $1,075,000 Property Tax Rate from $15.18 to $15.81 - Increase $.63

    19. ResidentialAppraised Value of Home: $100,000

    20. CommercialAppraised Value of Business: $100,000

    21. Proposed Property Taxes 2005-06 Foundation Formula Taxes Property Taxes Voter Approved Taxes Instructional Support Levy $.67 PPEL Debt Service Board Approved Taxes Management Levy $.33 PPEL Drop Out Prevention Cash Reserve Levy

    23. Proposed Property Taxes2005-2006

    24. Revenue Breakdown 2005-2006

    25. Revenue2005-2006

    26. Expenditures2005-2006

    27. Certified Budget Requirements Breakdown Instruction Regular Programs Special Programs Vocational Programs Co-Curricular Programs Non-Public Programs Continuing Ed Programs Activity Funds

    28. Certified Budget Requirements Breakdown Support Services Student Support Services Instructional Staff Support Services General Administration Building Administration Business Administration Plant Operation and Maintenance Student Transportation Central Support Services

    29. Certified Budget Requirements Breakdown Noninstructional Programs Nutrition Services Community Education

    30. Certified Budget Requirements Breakdown Other Expenditures Physical Plant and Equipment Levy and Construction Capital Projects – Sales Tax Funds Debt Service AEA Support – Direct to AEA

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