West Clermont Local Schools

1. West Clermont Local Schools Board of Education September 23, 2014

2. 2014-15 Appropriations • Total appropriations - $83,741,976 • All appropriations within Amended Certificate of Estimated Resources • General Fund appropriations < estimated revenues for FY15

6. Salaries

7. Salaries • Specials “Lite” return • Grant funds utilized • Vacant positions filled • School hours change • Contractual increase – 0% • No experience steps • Minimal training increases

8. Benefits

9. Benefits – FY14 vs. FY13 • 5.8% Decrease • 8.8% Decrease Retirement • <1% Increase Health Insurance • Slight Decrease Dental Insurance • No Unemployment Cost, FY13 - $20,318

10. Benefits – FY15 • 21% of Appropriations ($13,580,302) • 2.7% Increase • Increase to Salary • Decrease Health Insurance Premiums • No change Dental and Life Insurance Premiums • Workers Comp. Rebate $153,000

11. Contractual Services

12. Contractual Services – FY14 vs. FY13 • 8% increase • 2% Increase in Transportation Contract Rate • 13% Special Education Contracts • 42% Increase in Open Enrollment • Slight Decrease in Utilities • One time $473,842 Medicaid Settlement

13. Contractual Services – FY15 • 27% of Appropriations ($17,638,981) • 6% Increase • Increase in Transportation Service • 2% Increase in Transportation Contract Rate • Special Education Contracts • Open enrollment counts leveling • $473,842 Medicaid Settlement

14. Supplies

15. Supplies – FY14 vs. FY13 • 14% Decrease • Timing of Fuel payments and Excise Tax Reimbursement, $60,390 (9%) • 71% Decrease in Library books/materials - $62,779

16. Supplies – FY15 • 1% of Appropriations ($633,692) • 13% Increase - FY14, 3% Decrease - FY13 • Timing of Fuel Payments • Reduction of Classroom/Library Supplies

17. Other

18. Other – FY14 vs. FY13 • 9% Decrease • Decrease of $126,193 County ESC Deduction

19. Other – FY15 • 2% of Appropriations ($1,095,039) • 1% Inflationary Increase

20. General Fund

22. Permanent Improvement Fund

23. Permanent Improvement Fund • FY 15 Appropriations - $7,334,012 – 8.76% • OASBO Lease Payment - $2.8 million

24. Debt Service Fund 14/15 Appropriations- $2,894,175 • 1995 Refunded Debt • $15,810,000 issued, $3,900,000 outstanding • $947,267 paid in 13/14 • Maturity 12/01/2019 • 2008 Debt • $30,000,000 issued, $26,505,000 outstanding • $1,932,298 paid in 13/14 • Maturity 12/01/2036

25. Food Service Fund

26. Grants Funds

27. Student Activities/Fees Funds

29. Questions ?$?$??