2019-2020 Tentative Budget Presentation...Apr 03, 2019 · Budget (AFB) December 12, 2019 Adoption...

Work Session of the Board of School TrusteesApril 3, 2019Jason Goudie

2019-2020TENTATIVEBUDGET

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2019-2020 TENTATIVE BUDGET

of 17Jason Goudie April 3, 2019

Reference 4.01 (A)

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OVERVIEW

2019-2020 Timeline

State Funding

Total Per Pupil Revenues

Student Enrollment and DSA

Where the Money Comes From

Where the Money is Spent

General Operating Revenues

Revenue: State Projections and Assumption

How the New Funding was Spent

Tentative Budget Comparison

Fund Balance Comparison

Unassigned Ending Fund Balance

Employee Contracts Status


of 17 Reference 4.01 (A)

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2019-2020 TIMELINE

April May June July

Tentative Budget Submission required by April 15 to Nevada Department of Taxation (NDOT)

Fiscal Year 2020BeginsJuly 1, 2019

Final Budget Submission required by June 8 to NDOT

January

Departments directed to provide flat budgets

Adoption Tentative Budget (TB)Board Work SessionApril 3, 2019

December

Adoption Amended Final Budget (AFB)December 12, 2019

Adoption Final Budget (FB)May 20, 2019

Strategic Budget WorkbooksProvided to schools on January 15 based on projected enrollment

September

Strategic Budget WorkbooksUpdated with actual enrollment figures

Amended FinalBudget Submission required by January 1, 2020, to NDOT

2019 Legislative

Session ends June 3



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STATE FUNDINGBasic Guaranteed Support - Distributive School Account (DSA)

$4,489

$4,891$4,958 $4,962

$5,035$5,136

$5,257

$5,457$5,527 $5,512

$5,574

$5,700$5,781

$5,863

$4,000

$4,500

$5,000

$5,500

$6,000+$82

+$204

+$402+$67 +$4

+$73+$101

+$121

+$200+$70 -$15

(General Operating Fund)

+$62

+$81+$126

*Projected



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TOTAL PER PUPIL REVENUES(General Operating Fund)

Does not include "Other Financing Sources," which primarily are proceeds from bond issuances and transfers-in.

$4,489 $4,891 $4,958 $4,962 $5,035 $5,136 $5,257 $5,457 $5,527 $5,512 $5,574 $5,700 $5,781 $5,863

$204

$214 $234 $234 $231 $235 $229 $239 $243 $256 $348 $384 $405 $434

$1,347

$1,330 $1,375 $1,346 $938 $917 $817 $877 $886 $943 $907

$1,163 $1,134 $1,214

Total$6,039

Total$6,435

Total$6,567

Total$6,541 Total

$6,205

Total$6,288

Total$6,303

Total$6,574

Total$6,655

Total$6,710

Total$6,830

Total$7,247

Total$7,320

Total$7,511

$‐

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019Amended

FinalBudget

2020TentativeBudgetGeneral Fund ‐ DSA Special Education Fund ‐ DSA Local/Federal Funding Outside of DSA

Funding Outside of DSA, primarily are revenues from local school support tax, property taxes, governmental services tax, donations, other.



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STUDENT ENROLLMENT AND DSA

300,000

305,000

310,000

315,000

320,000

325,000

330,000

318,796

321,902 321,991 322,076

FY17Q1

FY17Q2

FY17Q3

FY17Q4

ADE = Average Daily Enrollment

(*Projected)$5,574

Average ADE = 321,187

319,311

321,805 321,695 321,586

FY18Q1

FY18Q2

FY18Q3

FY18Q4

Average ADE = 321,099

$5,700

317,862

319,984

320,862 320,411

FY19Q1

FY19Q2

FY19Q3*

FY19Q4*

Average ADE = 319,780*

$5,781

320,067

318,976

319,928

319,014

FY20Q1*

FY20Q2*

FY20Q3*

FY20Q4*

Average ADE = 319,496*

$5,863



Basic Support Guarantee:Support per Student $1,863.0 ($5,863x317,759Est. Special Education 138.8Support Guarantee $2,001.8Less LSST 1,059.1Less 1/3 Property Tax 173.8Less Charter Adjustments 51.9Distributive School Account $ 717.1

(in millions)

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(B)

(A)

(C)



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WHERE THE MONEY IS SPENT

Other 12%*

Salaries and Benefits88%*

*General Operating Fund

FTEs ($ IN MILLIONS)

School Based - Strategic 16,981 64.3% 1,393.7 64.0%School Based 5,516 20.9% 439.3 20.2%Transportation 1,650 6.2% 113.4 5.2%Central Office 2,281 8.6% 231.4 10.6%Total 26,428 100% 2,177.7 100%

($ IN MILLIONS)

Textbooks/Supplies $ 96.9Electricity/Gas/Water/Utility 86.9Fuel/Vehicle/Buses 46.6Professional Services 20.2Technology 19.3Property/Liability Insurance 18.0Repairs/Maintenance 11.0Printing 2.4Postage 1.5

FTEs = Full-Time Equivalents



Description AFB FY 2019 TB FY 2020 Change CommentsLocal School Support Tax $1,018,449,000 $1,059,100,000 40,651,000 See slide "Revenue: State Projections and Assumption"Ad Valorem (Property) Tax 489,384,000 521,292,000 31,908,000 See slide "Revenue: State Projections and Assumption"Governmental Services Tax 68,795,000 76,390,000 7,595,000 See slide "Revenue: State Projections and Assumption"Two Percent Franchise Tax 3,600,000 2,948,000 (652,000) 3-year average of $3.6 millionE-Rate Reimbursements 3,000,000 2,400,000 (600,000) 3-year average of $2.4 millionLocal Government Taxes 1,300,000 1,292,000 (8,000) 3-year average of $1.2 millionTuition And Summer School 3,116,000 3,100,000 (16,000) 3-year average of $3.1 millionAdult Education 125,000 125,000 0 3-year average of $0.1 millionAthletic Proceeds 1,200,000 1,187,000 (13,000) 3-year average of $1.2 millionServices Provided 1,600,000 1,617,000 17,000 3-year average of $1.6 millionDonations And Grants

953,000 933,000 (20,000)3-year average of $5.4 million (school generated funding moved to new Student Activities Fund)

Other Local Sources 8,477,000 8,919,000 442,000 3-year average of $8.9 million

Interest Income 1,700,000 1,762,000 62,000 3-year average of $1.8 millionTotal Local Sources 1,601,699,000 1,681,065,000 79,366,000

0 State Distributive Fund 740,431,000 717,112,000 (23,319,000) See slide "Revenue: State Projections and Assumption"

Total State Sources 740,431,000 717,112,000 (23,319,000)

0 Federal Impact Aid 100,000 81,000 (19,000) 3-year average of $0.1 millionForest Reserve 100,000 60,000 (40,000) 3-year average of $0.1 millionAdministrative Claiming 1,400,000 1,050,000 (350,000) 3-year average of $2.1 million

Total Federal Sources 1,600,000 1,191,000 (409,000)

0 Sales Of District Property 700,000 414,000 (286,000) 3-year average of $0.6 million

Total Other Sources 700,000 414,000 (286,000)

Total Operating Revenues $2,344,430,000 $2,399,782,000 $55,352,000 Result of $82 increase to DSA, $31.9 million Property Tax, $9 million Special Education 9

GENERAL OPERATING REVENUES2019-2020 TENTATIVE BUDGET


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REVENUE: STATE PROJECTIONS AND ASSUMPTION

Property TaxTentative Budgeted FY 2020 = $521,313,000Amended Final Budgeted FY 2019 = $489,384,000

Additional Revenues = $ 31,929,000 *Based on a 6.5% growth rate and will adjust to the Nevada Department of Taxation’s FY 2020 Proforma Ad Valorem Revenue Projections in the Final Budget.

Local School Support Tax (LSST)Tentative Budgeted FY 2020 = $1,059,100,000Amended Final Budgeted FY 2019 = $1,018,449,000

Additional Revenues = $ 40,651,000*Based on the 4% increase in the Nevada Department of Taxation’s FY 2020 Preliminary Local Government Revenue Projection

Distributive School Account (DSA)Tentative Budgeted FY 2020 = $717,112,000Amended Final Budgeted FY 2019 = $740,431,000

Less Revenues = ($29,189,000)* General Fund based on $82 DSA increase (or 96.88% of State’s DSA $6,052) and Special Education Fund on $9.1 million increase. FY 2020 and 2021 Funding bill is scheduled for June 2019, CCSD will adjust to the FY 2020 funding amounts during FY 2020 Amended Final Budget.

Governmental Services Tax (GST)Tentative Budgeted FY 2020 = $ 76,390,000Amended Final Budgeted FY 2019 = $ 68,795,000

Additional Revenues = $ 7,595,000*Based on the 11% increase in the Nevada Department of Taxation’s FY 2020 Preliminary Local Government Revenue Projection



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HOW THE NEW FUNDING WAS SPENT Estimated New FY 2020 Funding $ 55.35

Fully Funding School Strategic BudgetsSpecial Education GrowthPublic Employees' Retirement System (PERS)Inflation Growth (Supplies/Services)Reversal of One-Time Additions in FY19Additional Class-size Reduction Funding

Total

($47.50)(17.11) (8.79)(6.70)19.732.44

($57.93)

Estimated Expenditure (Increases)/Decreases:

(In Millions)



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TENTATIVE BUDGET COMPARISON2019 Amended Final Budget

2020 Tentative Budget Change

Beginning Fund Balance $ 66.8 $ 103.5 36.7$

Total Revenue 2,344.4 2,399.7 55.3Total Resources 2,411.2 2,503.2 92.0

Total Salaries and Benefits 2,098.4 2,177.7 79.3Total Services 98.8 105.0 6.2Total Supplies 158.2 162.1 3.9Total Property 42.8 31.4 (11.4)Total Other 4.5 4.2 (0.3)Total Expenditures 2,402.7 2,480.4 77.7

Other Financing Sources 37.3 30.0 (7.3)

Ending Fund Balance $ 45.8 $ 52.8 7.0$

(IN MILLIONS)



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(IN MILLIONS)

FUND BALANCE COMPARISON

Beginning Bal. Ending Bal. Beginning Bal. Ending Bal. Beginning Bal. Ending Bal.

Restricted:Nonspendable ‐ inventory $ 3.6 $ 4.0 $ 4.0 $ 4.0 $ 0.4 $ ‐ Donations 0.5 0.2 0.2 (0.3)RDA Funds 0.3 0.0 (0.3)School Technology 0.8 0.0 (0.8)Buses 5.8 0.0 (5.8)School Carryover 30.5 56.5 56.5 26.0

Unrestricted:Assigned Indirect Costs 6.4 1.8 1.8 0.8 (4.6) (1.0)Unassigned Fund Balance 18.9 41.0 41.0 48.0 22.1 7.0

Total $ 66.8 $ 103.5 $ 103.5 $ 52.8 36.7$ (50.7)$

2020 Tentative Budget

2019 Projected Change

Bal. = Balance



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UNASSIGNED ENDING FUND BALANCE

$0

$10

$20

$30

$40

$50

$60

2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

Unassigned Fund Balance

1% 1% 1% 1% 1.25% 1.5% 1.75% 0.30% 0.81% 2%

($ IN MILLIONS)

Budgeted

• Regulation 3110, requires the District to have a 2 percent unassigned ending fund balance.

1.75%

Estimated



Bargaining Group Represents Status Note

Clark County Education AssociationCCEA

Teachers Financial agreement reached through FY 2021 and currently negotiating non-financial collective bargaining agreement (CBA) components. Negotiating CBA for FY 2020 for non-financial items.

Currently negotiating the specific components (base minimum funding, etc.) of the FY 2019-2021 financial agreement.

Education Support Employees AssociationESEA

Support Professionals Financial agreement reached through FY 2019 and currently negotiating non-financial CBA components. Negotiating CBA for FY 2020.

FY 2020, pending result of the 80th (2019) Session of the Nevada Legislature.

Clark County Association of SchoolAdministrators and Professional-technical EmployeesCCASAPE

Administrators Financial agreement reached through FY 2019 and currently negotiating non-financial CBA components. Negotiating CBA for FY 2020.


Police Officers Association of the Clark County School DistrictPOA

Police Officers Current, covered by a CBA through FY 2019. Negotiating CBA for FY 2020.


Police Administrators AssociationPAA

Police Administrators Current, covered by a CBA through FY 2019. Negotiating CBA for FY 2020.


EMPLOYEE CONTRACTS STATUS

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CLOSING COMMENTS andQUESTIONS

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2019-2020 Tentative Budget Presentation...Apr 03, 2019 · Budget (AFB) December 12, 2019 Adoption...

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