KIMBERLY AREA SCHOOL DISTRICT
2009 ANNUAL MEETING
Monday September 28, 20096:30 PM - Budget Hearing7:00 PM - Annual Meeting
KIMBERLY HIGH SCHOOLW2662 Kennedy Avenue
Kimberly WI 54136
KIMBERLY AREA SCHOOL DISTRICTBUDGET HEARING
Presented by:Gary Kvasnica
Director of Business Services
KIMBERLY AREA SCHOOL DISTRICTBudget Message
THE YEAR IN REVIEW - 2008/09
KIMBERLY AREA SCHOOL DISTRICTBudget Message
THE YEAR IN REVIEW - 2008/09STUDENT ACHIEVEMENT
As evidenced by our test scores, the District continues to be one of the higher achieving Districts in the Fox Valley, as well as the State
The Kimberly Area School District as a low spending, high achieving District, continues to provide our Community with great value
KIMBERLY AREA SCHOOL DISTRICTBudget Message
THE YEAR IN REVIEW - 2008/09
Compiled by the Wisconsin Tax Payers Alliance
KIMBERLY AREA SCHOOL DISTRICTBudget Message
THE YEAR IN REVIEW - 2008/09
Compiled by the Wisconsin Tax Payers Alliance
KIMBERLY AREA SCHOOL DISTRICTBudget Message
THE YEAR IN REVIEW - 2008/09
Compiled by the Wisconsin Tax Payers Alliance
Read Math
Pct. Decile Pct. Decile
4th GradeK12- District Average 81 77 Kimberly 91 3 93 2
8th GradeK12- District Average 84 75 Kimberly 92 3 92 2
10th GradeK12- District Average 75 70 Kimberly 89 1 87 1
KIMBERLY AREA SCHOOL DISTRICTBudget Message
THE YEAR IN REVIEW - 2008/09
DISTRICTDISTRICT PER STUDENT EXPENDITURES 2008-09 BUDGETPER STUDENT EXPENDITURES 2008-09 BUDGET
InstructionInstruction Comparative Exp.Comparative Exp.
Sal. &Sal. & Pupil Pupil Instr.Instr. Bldg.Bldg. PupilPupil Capital Exp./Capital Exp./ TotalTotal % St. % St. Avg.Avg.
TypeType NameName TotalTotal FringeFringe Serv.Serv. Supp.Supp. Admin.Admin. Grds.Grds. Trans.Trans. DebtDebt Exp.Exp. Amt.Amt. deciledecile (+/-)(+/-)
K-12 DISTRICT AVG.K-12 DISTRICT AVG. 6,7326,732 5,7015,701 493493 542542 861861 1,1171,117 458458 778778 11,49111,491 9,7469,746
K-12K-12 KimberlyKimberly 6,1906,190 5,0795,079 470470 491491 675675 900900 277277 1,2441,244 10,78410,784 8,7268,726 1010 -13.1-13.1
Compiled by the Wisconsin Tax Payers Alliance
KIMBERLY AREA SCHOOL DISTRICTYEAR IN REVIEW - 2008/09
Enrollment continued to Grow
An increase of 132 Full Time Equivalent (4K and 5K count as .5) in students 08/09 vs. 80 in 07/08
Higher Rate than Expected
JANSSEN BOILER REPLACMENT
Reduced heating costs by 32%
Replaced 47 year-old Boilers with new Energy Efficient System
Unlike many Districts, we were able to fund our project without having to ask tax payers for additional money.
Capital Improvement Fund established by District allowed us to set aside funding over a several year period
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
JANSSEN BOILER REPLACMENT
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
Before After
Heat pipes were installed inceiling with ceiling/light replacement project to reduce costs
JOHN STREET ATHLETIC COMPLEX UPGRADES
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
Excavated a large retention pond to address drainage issues
JOHN STREET ATHLETIC COMPLEX UPGRADES
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
Removed compacted soils for stadium football field and installed new fill along with Synthetic Field Turf
SYNTHETIC FIELD TURF
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
•Safer•Lower Maintenance costs•Increased Usability
The approximately $700,000 in Athletic Complex Upgrades Fundedthrough Capital Improvement Fund and Community Donations
•$424,500 in community commitments to date•Annual Payment on 10-year lease/purchase of turf is $37,878
JOHN STREET ATHLETIC COMPLEX UPGRADES
JOHN STREET ATHLETIC COMPLEX UPGRADES
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
Athletic Complex Donor Wall constructed and donated to the District by Sanderfoot Masonry and other contractors
KIMBERLY AREA SCHOOL DISTRICTBudget Message
THE YEAR IN REVIEW - 2008/09
OTHER FACILITY IMPROVEMENTS
KIMBERLY AREA SCHOOL DISTRICT THE YEAR IN REVIEW – 2008/09
Westside School Improvements
2st Year of a 3-Year Carpet Replacement Plan
07/08
08/09
KIMBERLY AREA SCHOOL DISTRICT THE YEAR IN REVIEW – 2008/09
Westside School Improvements
Replaced deteriorated Wood Fascia with Steel Fascia
KIMBERLY AREA SCHOOL DISTRICT THE YEAR IN REVIEW – 2008/09
Chalkboards at Janssen replaced with Whiteboards
Before
After
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
Mapleview Improvements
Replaced Bathroom Partitions
Before
After
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
Janssen Improvements
Drain tiles installed in play area to address water build-up after snow and heavy rainfall
KIMBERLY AREA SCHOOL DISTRICT THE YEAR IN REVIEW – 2008/09
Sunrise School Improvements
Asphalt in Visitor Parking Lot Milled and Replaced
Before After
KIMBERLY AREA SCHOOL DISTRICT THE YEAR IN REVIEW – 2008/09
Sunrise School Improvements
Painting of Building Exterior completed
Before After
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
Woodland Improvements
Handicap Accessible Playground with Rubberized Surface for Wheelchair Access
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09
JRG Middle School Improvements
RE-ROOFED SECTION B
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW – 2008/09JRG Middle School
Sandy Huiting Learning Center
Outside Place for Kids to Meet and LearnParent and Community FundedNew Retention Pond allowed us to Build
KIMBERLY AREA SCHOOL DISTRICT FACILITIES
The improvements just listed have been paid for out of CapitalImprovements Fund
Helps insure that Capital Improvements donewhen neededTax Levy for this Fund is included withinRevenue Limits
Separate Fund that can only be used for Capital Improvements
KIMBERLY AREA SCHOOL DISTRICT
THE YEAR IN REVIEW - 2008/09 Energy Conservation
The new Boiler System at Janssen significantly reduced energy consumption
Mapleview light replacement Plan completed with energy efficient lights in entrances
Janssen lighting replacement Plan completed
New Software installed that automatically turnsoff computers when not in use
KIMBERLY AREA SCHOOL DISTRICTTHE YEAR IN REVIEW - 2008/09
TECHNOLOGY IMPROVEMENTSReplaced old Computers at the Middle SchoolAdded Hardware and Software to improve interoperability between different software productsReplaced Network Switches to increase performance
Installed video projectors at High School and Middle School to enhance learning
Increased Storage Capacity
Implemented Mobile Computer Lab at Middle School to enhance learning
KIMBERLY AREA SCHOOL DISTRICT THE YEAR IN REVIEW – 2008/09
Insurance Change
Moved to New Plan AdministratorFor Non-Teaching Staff forSelf-Funded Dental Plan
Reason: Vendor has negotiated lower fees with Dentists
KIMBERLY AREA SCHOOL DISTRICTTHE YEAR IN REVIEW – 2008/09
Implemented a New Employee Savings Plan
Meets new IRS Guidelines for 403(b) Tax Deferred Savings Plans for Public Sector Employees
Offers Employees a variety of no-load mutual fundsat a cost significantly lower than previous plansInvestment Providers selected by a Volunteer Committee of District Employees After-tax (Roth) component now available
Similar to 401K in Private Sector
KIMBERLY AREA SCHOOL DISTRICT THE YEAR IN REVIEW – 2008/09
Wisconsin Retirement System Unfunded Liability Paid-Off
•Incurred Liability many years ago when joined State Pension Fund•Refinanced in 2003
•Final payment to be made in March of 09•Allowed District to pay-off loan sooner and reduced interest payments by approximately $400,000
KIMBERLY AREA SCHOOL DISTRICTYEAR IN REVIEW - 2008/09
Post Retirement Benefits Paid Health & Dental Benefits for certain staff retiring after age 55
Negotiated as a cost saving measure many years ago
•Cost of Insurance has risen dramatically
Several recent developments have Impacted
•New Accounting Requirements requiring Districts to pre-fund this Liability
The costs of these future retirement benefits will be substantial
To help protect future school boards and taxpayers from this significant future Liability the District established a Trust to help fund this Liability.
Post Retirement Benefits
KIMBERLY AREA SCHOOL DISTRICTYEAR IN REVIEW - 2008/09
Created in 2002/03Can only be used to pay Retiree Benefits
08/09 Contributions
Current Trust Fund Balance
Post Retirement Benefit Trust
Disbursements08/09 Fund Balance
Increase
Interest Earned
District is not obligated to make payments toward the Trust
$1,312,005
$882,738$191,064
$620,331
- $3,186,912
KIMBERLY AREA SCHOOL DISTRICTYEAR IN REVIEW - 2008/09
Post Retirement CDO Investment
In December of 2006 the District invested $700,000 from the Post Retirement Trust and borrowed $4,300,000 to purchase $5,000,000 in a Collateralized Debt Obligations (CDO’s) for the Trust
The market value of investment declined substantially
Credit linked AA rated Corporate Debt of approximately 140 investment grade companies that matures in 7-years.
Goal – Generate approximately $550,000 investment incomes at end of the 7 year term
The District believes it was mislead regarding the investment and has filed a lawsuit alongwith 4 other Wisconsin School Districts seeking rescission, damages and attorney fees
KIMBERLY AREA SCHOOL DISTRICT THE YEAR IN REVIEW – 2008/09
District Owned Land Sold
At prior Annual Meeting electorate Authorized District to sell a lotadjacent to Woodland School
Lot was sold for $37,500!
KIMBERLY AREA SCHOOL DISTRICT
WHAT’S NEW IN 2009/10!
KIMBERLY AREA SCHOOL DISTRICT
WHAT’S NEW IN 2009/10STATE BUDGET SHORTFALL
Cost-of-Living Increase under Revenue Controls decreased by $75 per student or $308,467
Less Money to Operate
State aid reduced by approximately2.5%
Under Revenue Controlsdecreases in State Aid resultin increased taxes
KIMBERLY AREA SCHOOL DISTRICT
WHAT’S NEW IN 2009/10FEDERAL STIMULUS FUNDING
Purpose:
Stimulate Economy & Aid Financially Strapped School Districts
American Recovery and Reinvestment Act (ARRA)
District to receive $946,414 over a 2-year period to help implementstudent achievement initiatives for our special education students
KIMBERLY AREA SCHOOL DISTRICT
WHAT’S NEW IN 2009/10NEW LABOR LEGISLATION
Qualified Economic Offer (QEO) Eliminated from Teacher Contracts- Under QEO District could offer a total compensation
package (salary & benefits) of 3.8% without having to go to
arbitration- Helped keep labor costs in line with state imposed revenue controls
Arbitration rules revised- Ability to pay and local economic conditions no longer given greatest weight in awarding arbitration decisions
Number of hours that an employee has to work to qualify for the WisconsinRetirement System (State Pension Plan) has been reduced
KIMBERLY AREA SCHOOL DISTRICT
WHAT’S NEW IN 2009/10Increase in Wisconsin Retirement System Contributions
As a result of the recent economic downturn, investments used to pay retirement benefits for state employees have declined substantially
The required District contribution for 2010 has increased by .6% to 11% of an employee’s salary
Fortunately -
District paid off unfounded portion of the WisconsinRetirement System liability in 08/09 thereby lessening the impact of the increase
Wisconsin Retirement System contributions are expected to increaseby $234,817 to $2,349,616 in 09/10
KIMBERLY AREA SCHOOL DISTRICT
WHAT’S NEW IN 2009/10FACILITY IMPROVEMENTS
KIMBERLY AREA SCHOOL DISTRICT WHATS NEW IN 2009/10
Westside School Improvements
Final Year of a 3-Year Carpet Replacement Plan
08/09
09/10
KIMBERLY AREA SCHOOL DISTRICTWHATS NEW IN 2009/10
Westside School Improvements
Deteriorated Concrete and Asphalt in Front Drive Replaced
Before
After
KIMBERLY AREA SCHOOL DISTRICT
WHATS NEW IN 2009/10
Janssen Improvements
Replaced original Sinks, Faucets and Water Fountains
Before
After
KIMBERLY AREA SCHOOL DISTRICT
WHATS NEW IN 2009/10
Janssen Improvements
Replaced antiquated Clocks with Automated Clocks
Before
After
KIMBERLY AREA SCHOOL DISTRICT WHATS NEW IN 2009/10 Sunrise School Improvements
Asphalt in North Playground Milled and Replaced
Before After
KIMBERLY AREA SCHOOL DISTRICT
WHATS NEW IN 2009/10
Mapleview Improvements
Widened Receiving Room Door
Before
After
Easier more Efficient Egress for Distributing Supplies
KIMBERLY AREA SCHOOL DISTRICT
WHATS NEW IN 2009/10
Water Line Improvements
Replaced deteriorated Water Main at Middle School
Connected Water Line to the Woodland Field Irrigation System
KIMBERLY AREA SCHOOL DISTRICT
WHATS NEW IN 2009/10
JRG Middle School Improvements
Before
After
Replaced old Locker Room Doors
KIMBERLY AREA SCHOOL DISTRICT
WHATS NEW IN 2009/10
JRG Middle School Improvements
RE-ROOFED SECTION OVER TECH ED AND ART ROOM
KIMBERLY AREA SCHOOL DISTRICT
WHATS NEW IN 2009/10
Resurfaced Tennis Courts at High School and Middle School
Before
After
KIMBERLY AREA SCHOOL DISTRICT
WHATS NEW IN 2009/10
Administration Building Improvements
Before
After
Second Floor Reconfigured for Additional Staff
KIMBERLY AREA SCHOOL DISTRICT WHATS NEW IN 2009/10
Energy ConservationWith the Installation of the Boiler System at Janssen all schools with the of exception Sunrise Elementary have above average energy efficiency With one-time freed up money because of Federal Stimulus Funding, the District plans to implement additional energy conservation projects at Sunrise and other schools to help reduce future operating costs
Completed Sunrise Gym Lighting Replacement
KIMBERLY AREA SCHOOL DISTRICTWHATS NEW IN 2009/10
TECHNOLOGY IMPROVEMENTSReplaced old Computers at Janssen and AdministrationReplaced Network Switches to increase performance & reliability
Installed video projectors at Westside, Janssen and Sunrise to enhance learning
Completed Virtualization Project
Implemented Mobile Computer Lab at High School to enhance learning
•Reduced Servers from 27 to 3 •Easier to Maintain•Significantly Reduced Energy Consumption
Continued HealthInsurance Cost Containment
KIMBERLY AREA SCHOOL DISTRICT WHAT’S NEW IN 2009/10
Our Non-Teaching Staff moved from a Point-of-Service Network to a Single Provider System (HMO)
The rising cost of health Insurance continues to be a major concern in this era of revenue controls
Cost of a Family Plan approximately $2,000 less than would have been under the old plan
KIMBERLY AREA SCHOOL DISTRICT
WHAT’S NEW IN 2009/10
Unsettled Labor Agreements
Teacher and Para-Professional Contracts expired on June 30, 2009
Have not settled 09-11 contracts with either labor groupas of the date of this publication
Enrollment
KIMBERLY AREA SCHOOL DISTRICTWHAT’S NEW IN 2009/10
The District projects continued Growth at a slower rate
KIMBERLY AREA SCHOOL DISTRICT THE FUTURE
KIMBERLY AREA SCHOOL DISTRICT THE FUTURE
The District receives a large percentage of its funding from the State
State has had difficulty balancing its Budget over the past several yearsExpected to worsen with recent economic decline and continued structural imbalances of the budget
District will need to remain diligent to maintain its strong financial position
It is likely that there will be even more restrictive revenue controls and further reductions in state aid
Enrollment Growth
KIMBERLY AREA SCHOOL DISTRICT
THE FUTURE
The District receives significantly less revenue per student than the state average
Offset in past by the District’s rapid enrollment growthAs growth and corresponding revenue increases lessen, we will need to adjust our spending accordingly
KIMBERLY AREA SCHOOL DISTRICT
THE FUTUREWisconsin Retirement System Contributions
As a result of the recent economic downturn, investments used to pay retirement benefits for state employees have declined substantially
To make up for these losses, School Districts will need to substantially increase contributions over the next several years
We need to work with our labor groups to have themhelp share the financial burden of these increases
KIMBERLY AREA SCHOOL DISTRICT THE FUTURE
Health Insurance
The District, our Labor Unions, Health Care Providers, Insurance Carriers, State and Federal Government must all work together to address issues!
As Costs continue to rise
KIMBERLY AREA SCHOOL DISTRICT
THE FUTURELabor Relations
With the elimination of labor cost controls (QEO) and more restrictive revenue limits
The District will need to work closely and creatively with our laborgroups to provide fair compensation without eroding the qualityof education
KIMBERLY AREA SCHOOL DISTRICT THE FUTURE
Energy Costs
Less money will be available to educatechildren unless we continue to find ways to reduce energy consumption
Energy Costs are rising at a faster rate then our Revenue
The District has been a leaderin Energy Conservation
KIMBERLY AREA SCHOOL DISTRICT THE FUTURE
Technology
As these Funds become unavailable, the District will be challenged to meet the goals for our Technology Plan
The District has paid for a large portion of our Technology with Grant Funding and Referendum Proceeds
KIMBERLY AREA SCHOOL DISTRICTTHE FUTURE CHALANGE
With further limitations on revenue and increasing costs
Difficult choices may need to be made
District is currently in good Financial Shape
We will need to prioritize what is most important
KIMBERLY AREA SCHOOL DISTRICTBUDGET MESSAGE
ASSUMPTIONS AFFECTING TAX LEVY AND RATE FOR 2009/10
• Tax Levy
• Tax Rate The amount a homeowner would pay for every $1,000 of Equalized Property Value
If the Tax Rate were $9.00 per $1000 of Equalized Valuation and an individuals property had an equalized value of $100,000 the tax rate would be $900
Total Amount of Tax Revenue
Assessed Value is the property value as determined by the individual Municipality
Equalized Value is total Fair Market Value of all properties within the District. This includes several municipalities.
KIMBERLY AREA SCHOOL DISTRICTBUDGET MESSAGE
ASSUMPTIONS AFFECTING TAX LEVY AND RATE FOR 2009/10
- 30 Additional Students - If more Students, Revenue Cap and Tax Levy will increase
• Revenue Limit
• Property Valuation- Estimated at 0% increase. If higher, Tax Rate will decrease
The above estimates should be finalized in October!
• Equalization (State) Aide reduction- If more than projected, Tax Levy will increase• Business Computer Valuation- If higher than projected, Tax Levy will decrease
- Cost of Living Increase of $200 per student
KIMBERLY AREA SCHOOL DISTRICTBUDGET HIGHLIGHTS
TAX LEVYGENERAL FUNDDEBT SERVICECAPITAL IMPROVEMENTS*COMMUNITY SERVICE
TOTAL
Actual 2008-09$9,607,904$4,260,503 $ 553,150 $46,415
$14,467,972
Budget Dollar Percent 2009-10 Change Change$11,033,938 $1,426,034 14.84%
$531,000 -$ 22,150 - 4.00%
$15,645,534 $1,177,562 8.14%
$4,049,080 -$211,423 - 4.96%
$31,516 -$ 14,899 -32.10%
$0
$2,000,000
$4,000,000
$6,000,000
$8,000,000
$10,000,000
$12,000,000
2008-09 2009-10*
TAX LEVY
COMMUNITYSERVICE
CAPITALIMPROVEMENTS
DEBT SERVICE
GENERAL FUND
KIMBERLY AREA SCHOOL DISTRICTBUDGET HIGHLIGHTS
TAX LEVY
2006-072007-082008-092009-10
Amount $14,593,571
Increase/Decrease
$15,645,534 $1,177,562 8.14%
- $155,321 - 1.4%
$14,467,972
$29,712 0.2%
Under the Revenue Control Formula -If State Aid decreases the Tax Levy
increases
$14,438,250
The State Aid increase in 09-10 is significantly less than 07-08 & 08-09
TAX RATE PER $1,000 OF EQUALIZED ASSESSED VALUATION
GENERAL FUNDDEBT SERVICECAPITAL IMPROVEMENTS COMMUNITY SERVICE
TOTAL
Actual 2008-09 $5.94 $2.63 $0.34 $0.03
$ 8.94
Budget DOLLAR PERCENT2009-10* CHANGE CHANGE$6.81 $0.87 14.65%
* Tax rate is estimated. The actual rate can not be determined until property valuation is certified by the Department of Revenue in October.
$0.33 -$0.01 - 2.94% $0.02 -$0.01 -33.00%
$9.66 $0.72 8.05%
$2.50 -$0.13 - 4.94%
TAX RATE PER $1,000
$0.00
$2.00
$4.00
$6.00
$8.00
$10.00
$12.00
2008
-09 20
09-
10*
COMMUNITY SERVICE
CAPITAL IMPROVEMENTS
DEBT SERVICE
GENERAL FUND
Increased Tax Rate Impact ExamplesIncreased Tax Rate Impact Examples Assuming a Tax Rate increase of $.72 per $1,000 Assuming a Tax Rate increase of $.72 per $1,000 of Equalized (Market) Valueof Equalized (Market) Value
Home Value Tax Increase$100,000 $72.0
0$150,000
$108.00
$200,000 $144.00
Please note that the above increases are based on the market value of a home. Municipalities are tax based on assessed value. The assessed value will vary between the 5 municipalities within the District’s boundaries.
* 2009-10 Property Valuations and the corresponding Tax Rate are estimated. Actuals can not be determined until property valuation is certified by the Department of Revenue in October.
15.90
14.52
11.2110.3810.11
11.7210.91
10.2610.11 9.669.569.08 9.59 9.25 8.94 9.66
$0
$2
$4
$6
$8
$10
$12
$14
$16Ra
te
1994-95
1995-96
1996-97
1997-98
1998-99
1999-00
2000-01
2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
School Year
TAX RATE PER $1,000 OF EQUALIZED PROPERTY VALUE
FUND ACCOUNTING
• District is required by law to account for money in separate accounting entities called funds.• Each fund has a specific purpose.• Each Fund accounts for money received (Revenue) and money spent (Expenses)
General Fund
•Operating Budget
•By far the Largest Fund
•Money comes primarily from State Aid and the Property Tax Levy
Unaudited 2009-10 Dollar Percent GENERAL FUND 2008-09 Budget Change Change
Revenue(Money Coming In)
$38,522,030
$40,948,450
$2,426,420 6.30%
The increase in total revenue is primarily related to an estimated $1,426,434 increase in Property Taxes as a result of a reduction in General State Aid. General State Aid increased by $453,242. The other significant increase was $672,629 for Revenue from other school districts for their children attending our District under Open Enrollment
Salary and Benefit Expenses for new and existing staff increasedby $2,522,400
Unaudited 2009-10 Dollar Percent GENERAL FUND 2008-09 Budget Change ChangeExpenses (Money Going Out)
$37,789,197
$40,948,450
$3,159,253
8.36%
KIMBERLY AREA SCHOOL DISTRICT 2009-10 STAFFING
Additional Staff may be hired after the start of the school year to address unanticipated enrollment and growth related issues.
Additional Staff includes:(.5) Family and Consumer Education Teacher at High School(.5) Spanish Teacher at High School(.33) Physical Education Teacher at High School (.5) World Language/Spanish Teacher at the Middle School(1) 7th Grade Teacher(3) Elementary/Intermediate Teachers(.6) Title I Math Teacher *(.5) Early Childhood Teacher *(.5) Early Childhood Paraprofessional *(.24) School Psychologist(.05) Secretary(1) Special Education Coordinator of Instructional Services *Staffing Reductions Include:(.5) English Teacher at High School(.17) Math Teacher at High School(.67) Science Teacher at High School(2) CustodiansNet Increase of 5.38 Employees•2.65 Positions funded with Federal Stimulus or other Federal Grants
SIGNIFICANT GENERAL FUND EXPENSE INCREASES
• Energy Saving Initiatives from freed up money as a result of Federal Stimulus Funding• Tuition Costs for Kimberly Residents attending other School Districts
+ $450,0000
+ $276,227
• Benefits for New and Existing Staff including increased contributions for Retirement Benefits
+ $1,365,817
• Salaries for New and Existing Staff
+1,156,583
• Textbook Purchases
+ $138,222
SIGNIFICANT CAPTIAL EQUIPMENT PURCHASES
Copier Replacements $80,000
Computer System Replacements & Networking Hardware
$109,000
SIGNIFICANT GENERAL FUND EXPENSE DECREASES
Short-Term Borrowing Expenses
- ($44,602)
Technology Related Equipment
- ($252,000)
Budget includes the same dollar allotment per student as last year in non-salaried expenditures where practical
Interfund Transfer to the Special EducationFund reduced as a result of Federal Stimulus Funding
- ($3,111)
Expenditures by Object (Type)General Fund
25.10%13.66%
0.60%
8.31%
0.46%
9.38%
0.02%
4.42%
0.60%
46.82%
Salaries
Benefits
PurchasedServicesNon-CapitalEquipemntCapitalEquipmentOperationalDebtInsurances
InterfundTransferOther
Expenditures by Object (Type) including Special Education Fund
27.40%
51.21%
0.70%
13.58%0.59%
5.96%
0.55%
Salaries
Benefits
PurchasedServicesNon-CapitalEquipmentCapitalEquipmentOperationalDebtInsurances
Other
2009 ANNUAL MEETING
Motion will be made to adopt a Tax Levy of $15,645,534as presented to you, the electorate
KIMBERLY AREA SCHOOL DISTRICT
More detailed information is available in the Annual Meeting Booklet or can be obtained at the Administrative Offices on 217 E. Kimberly Avenue
Do you have any questions?Gary Kvasnica, the Director of Business Services, can be reached at 788-7900.
Thank You!
KIMBERLY AREA SCHOOL DISTRICTANNUAL MEETING AGENDA ITEM
Sale of District Land no longer needed for Educational Purposes
The District acquired Lot 84 of the JeffMeadows Subdivision in 2005 and had a path installed to provide walking access to Woodland SchoolThe District has been approached by the owner of the lot to east of lot 84asking us to sell the southeast portionof Lot 84 up to 5 feet away from the walking path that divides the propertyThe District does not need this land to theeast of the walking path and would prefernot having to maintain it