Saline Area School Districts Annual Budget Fiscal Year 20072008

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Saline Area School DistrictsAnnual
BudgetFiscal Year 2007-2008 Fiscal Year
2006-2007 Amended
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SAS Budget Presentation

• Section 16 of the Uniform Budgeting and
  Accounting Act
• Required to hold Truth in Budgeting Act
• Discuss the millage to be levied
• Set the amounts to be appropriated for
  expenditures and liabilities for each fund
• Statement of estimated revenues by source for
  each fund
• Consistent with uniform charts of accounts
• Required to have a balanced budget

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SAS Budget Presentation
Saline Area SchoolsSummary of Budgets
General Fund
Special Revenue Funds
Capital Project Funds
Debt Funds
CommunitySchools Fund
FoodService Fund
Athletic Fund
CARESRecreation Fund
Maint Equip FundB S 2000(Bond Issue)
19951998 (Durant)200020022004
Recreation Enrichment Pooh
CornerLatchkey Drivers Education 1st
Steps
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SAS Budget Presentation
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SAS Budget Presentation
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SAS Budget Presentation
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SAS Budget Presentation
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SAS Budget Presentation

• Seven Operation Funds
• General, Community Ed., Athletics, Food Service,
  Vocational Ed., Debt Capital Projects
• 80 Responsibility Centers
• Uniform Charts of Accounts
• 2,765 total line item accounts
• (1,637 line item accounts in the General Fund)
• Two Agency Funds (No budget adoption)

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SAS Budget PresentationAll Funds
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SAS Budget Presentation
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SAS Budget PresentationGeneral Fund
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SAS Budget PresentationGeneral Fund
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SAS Budget PresentationGeneral Fund
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SAS Budget PresentationGeneral Fund
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SAS Budget PresentationGeneral Fund
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SAS Budget PresentationGeneral Fund
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SAS Budget PresentationGeneral Fund
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SAS Budget PresentationGeneral Fund
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SAS Budget PresentationGeneral Fund

• Expenditures
• 2006-07 2007-08
• Instructional Expenditures Instruction
  Expenditures
• Decrease by 31,908 Increased by 269,289
• 3.2 decrease .8 increase
• Support Services Support Services
• Increased by 1,137,323 Decreased by
  1,049,978
• 8.5 increase 7.2 decrease
• Transfers
• Increase by 329,648 Decreased by 324,597
• 49.6 increase 32.7 decrease

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SAS Budget PresentationGeneral Fund

• Significant changes 2006-07 to 2007-08
• Bus loan revenue recognition to loan payment
• Employee step and salary increases
• Retirement rate from 17.74 to 16.72
• Mid-Year budget changes
• Increase health care costs of 3
• Increase to utilities net increase of 3
• Contracted services portion of teacher
  substitutes, technology, clerks, administrators
  and support staff substitutes
• Extended day kindergarten program
• Central office reorganization
• Change risk management plan for support
  staff/administration
• No increase to the foundation allowance

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SAS Budget PresentationGeneral Fund

• Significant changes 2006-07 to 2007-08
• Reduction of 50 FTEs from state aid
• Election date moved to November
• Interest earnings/investment changes
• ACT 18 revenue increase for Special Education
  program increases
• Building Equipment funding increase
• Transportation program changes for bus stop
  efficiencies
• Consolidation of Teaching Positions with 2
  reserve allocations
• Outside advertising in secondary campuses
• Increase to indirect cost to other funds
  (Community Ed/Food Svc.)
• Rental Fees for Liberty
• Limited Schools of Choice program to reduce
  class sizes

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SAS Budget PresentationGeneral Fund

• Beginning Budget Surplus 519,083
• Inherent Costs/Savings (1,287,666)
• Subtotal ( 768,583)
• New Budget Costs/Savings 768,583
• Budget Deficit 0

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SAS Budget PresentationSpecial Revenue Funds
2006-07
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SAS Budget PresentationSpecial Revenue Funds
2007-08
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SAS Budget PresentationSpecial Revenue Funds
2007-08

• Significant changes 2006-07 to 2007-08
• Food Service Program
• No increase in Lunch Price
• Indirect cost is increased by additional 20,000
• Community Education Program
• No increase in Fees or Rental rates on July 1st
• (New rates were introduced in January 2007)
• Athletic Fund
• Athletic Participation Fee increased
• High School from 110 to 125
• Middle School from 50 to 100
• Athletic Passes will be slightly increased

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SAS Budget PresentationDebt Retirement Funds
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SAS Budget PresentationDebt Retirement Funds
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SAS Budget PresentationDebt Retirement Funds
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SAS Budget PresentationCapital Project Funds
2006-07
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SAS Budget PresentationCapital Project Funds
2007-08
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Saline Area School DistrictsAnnual
BudgetFiscal Year 2007-2008 Fiscal Year
2006-2007 AmendedThis concludes the Budget
PresentationThank you