kimberly area school district
KIMBERLY AREA SCHOOL DISTRICT
2014 ANNUAL MEETING Monday September 22, 2014 6:30 PM - Budget Hearing 7:15 PM - Annual Meeting
KIMBERLY AREA SCHOOL DISTRICT ADMINISTRATIVE BUILDING 425 S. Washington Street Combined Locks, WI 54113
INTRODUCTION
The preparation of this annual meeting booklet and the information it contains is a lengthy process involving district staff, the business office and the Board of Education. We have included the information required by state statute, as well as other information that the district feels is important to share with its citizens. We welcome your questions regarding the operation of the school system and its fiscal policies.
Therefore, pursuant to Wisconsin State Statute 120.08, the ANNUAL FINANCIAL REPORT OF THE BOARD OF EDUCATION of the KIMBERLY AREA SCHOOL DISTRICT for the year ending June 30, 2014 is presented in the following pages.
For the KIMBERLY AREA SCHOOL DISTRICT
Robert S. Mayfield, Ed.D. Superintendent of Schools
TABLE OF CONTENTS Page DIRECTORY OF SCHOOL BOARD & ADMINISTRATION . . . . . . . . . . . . . . . . . 1 ORDER OF BUSINESS/AGENDA FOR THE ANNUAL MEETING . . . . . . . . . . . . 2 TREASURER’S REPORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 BUDGET MESSAGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 BUDGET ASSUMPTIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 BUDGET HIGHLIGHTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 MULTI-YEAR TAX COMPARISON . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 GENERAL FUND REVENUES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 GENERAL FUND EXPENDITURES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 REVIEW OF EXPENDITURE INCREASES/DECREASES BY OBJECT. . . . . . . . 20 SPECIAL PROJECTS, DEBT SERVICE & CAPITAL PROJECT FUNDS . . . . . . 23 CAPITAL PROJECTS, FOOD SERVICE & EMPLOYEE BENEFIT TRUST. . . . 24 COMMUNITY SERVICE AND ALL FUNDS COMBINED . . . . . . . . . . . . . . . . . . . 25 TAX LEVY, PROJECTED EQUALIZED VALUATIONS & TAX RATE . . . . . . . . 26 STAFFING . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 MINUTES OF THE SEPTEMBER 23, 2013 ANNUAL MEETING . . . . . . . . . . . . . 28
KIMBERLY AREA SCHOOL DISTRICT SCHOOL BOARD The present School Board is comprised of seven members elected to three-year terms. Members
Term Expires
Dr. Montgomery Elmer, President Brad Siebers, Vice President Deb Roberts, Clerk Penny Hoh, Treasurer Ammie Ebben, Member Mary Pribbenow, Member Chuck Rundquist, Member
April, 2017 April, 2015 April, 2016 April, 2016 April, 2017 April, 2015 April, 2015
Administration Robert Mayfield . . . . . . . . . . . . . . . . . . . . . . . . . . . .Superintendent Holly Prast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Assistant Superintendent Becky Hansen. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Business Services Dawn Thomas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Human Resources Tim Fosshage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Pupil Services Ron Simonis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Curriculum Mike McDermot. . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Technology Mike Rietveld. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Kimberly H.S. Lori Verhagen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Assoc. Principal, Kimberly H.S. Steve Verboomen . . . . . . . . . . . . . . . . . . . . . . . . . . Asst. Principal, Kimberly H.S. Jason Nate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asst. Principal, Kimberly H.S. Eric Brinkmann. . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, J.R. Gerritts M.S. Rob DeLain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asst. Principal, J.R. Gerritts M.S. Hercules Nikolaou. . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Janssen Elementary Sean Fitzgerald . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Sunrise Elementary John Schultz. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Mapleview Intermediate Dave Lamers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Woodland Intermediate Erin Loritz . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Woodland Elementary Jami Grall . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Westside Elementary All school districts are legal agencies of the State. The School Board’s authority and responsibilities to operate the school district are defined by the Wisconsin Constitution and Statutes. Regular school board meetings are held on the second and fourth Mondays of the month. The meetings are held in the Venture Room of the Kimberly District Administrative Building, 425 S. Washington Street in Combined Locks, WI at 6:30 P.M. The public is cordially invited to attend.
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BOARD PROPOSED GUIDELINES FOR THE Monday, September 22, 2014 ANNUAL MEETING 1. Each person is asked to sign the register, indicate their address, check if they are a Kimberly Area School District resident, and indicate if they are under the age of 18. 2. Only school district residents of 18 years or older are eligible to vote on the issues presented. 3. If you wish to address the chairperson, do so by stating your name and address. , 4. The chairperson may limit discussion depending upon the number of people wishing to speak, and in an effort to conduct an effective and orderly meeting. 5. Questions on parliamentary procedure will be referred to the board appointed parliamentarian. 6. Any motions submitted under new business shall be given to the chairperson in writing, signed by the person making the motion. This shall be completed prior to the assembly being asked to take action on the motion. 7. Methods for voting on the issues before the electorate shall be as the chairperson determines, unless otherwise directed by a specific motion on a specific issue. 8. Copies of the minutes are attached and the chairperson will recognize a motion to dispense with the reading of the minutes for the September 23, 2013 Annual Meeting.
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Class 2 Notice Annual School District Meeting Of The Kimberly Area School District Villages of Combined Locks, Harrison and Kimberly Towns of Harrison and Buchanan and City of Appleton Notice is hereby given to the qualified electors of the Kimberly Area School District that the Annual Meeting of said District will be held on:
Monday, September 22, 2014 Kimberly Area School District - Administrative Offices 425 S Washington St Combined Locks WI 54113 REGULAR MEETING:
6:00 PM
BUDGET HEARING:
6:30 PM
ANNUAL MEETING:
7:15 PM
Agenda: 1. Call to Order 2. Elect Chairman for the Meeting 3. Board Suggested Meeting Guidelines 4. Minutes of the Annual Meeting, Monday, September 23, 2013 5. Board President’s Report 6. Superintendent’s Report 7. Treasurer’s Report 8. Set Salaries of School Board & Authorize Reimbursement for Expenses Incurred 9. Capital Expansion Fund 10. Adopt tax levy 120.10(8)(9) 11. To authorize the sale of northwest portion of Lot 84 of Jeff’s Meadows Subdivision as that portion of Lot 84 is not needed by the District for educational purposes 12. 2015 Annual Meeting Date and Time (September 21, 2015) 13. Old Business 14. New Business 15. Adjournment Debbie Roberts KASD Board Clerk Publish:
September 10 2014 September 17, 2014 3.
Kimberly Area School District
ANNUAL SCHOOL DISTRICT MEETING Monday, September 22, 2014 AGENDA:
I.
6:30 PM Budget Hearing 1. Meeting called to order. President, Dr. Montgomery Elmer 2. Review of budget. Director of Business Services, Becky Hansen Motion: Resolved that the budget hearing be closed. By: ____________________: seconded by: _________________ Vote: ______________.
II.
7:15 PM Annual Meeting 1. Meeting called to order. (Debbie Roberts, Clerk, presiding) Pledge of Allegiance 2. Elect chairman for the meeting 120.10(1). a.
Nominations are from the floor: _____________________________________________________ _____________________________________________________
b.
Motion:
To close nominations and cast a ballot for ________________________________. By: ______________: seconded by: _____________ Vote: _______________.
c.
Motion:
To destroy ballots. By: ______________: seconded by: _______________ Vote: ______________.
3. Submit board approved and recommended guidelines for Annual Meeting approval (page 2 of Annual Meeting Booklet). Motion:
To accept the recommended guidelines for the Annual Meeting. By: ____________________: seconded by: _________________ Vote: ______________. 4.
4. Dispense with reading the minutes of the Annual Meeting, Monday, September 23, 2013 (Attached to the back of this booklet). Motion:
To dispense with the reading of the last annual meeting minutes of Monday, September 23, 2013. By: ____________________: seconded by: _________________ Vote: ______________.
5. Board President’s Report (Dr. Montgomery Elmer). 6. Superintendent’s Report (Dr. Robert Mayfield). 7. Treasurer’s Report (Becky Hansen) 120.16(4). Motion:
Resolved that the Treasurer’s Report be accepted. By: ____________________: seconded by: _________________ Vote: ______________.
8. Set salaries of school board members and authorize reimbursement for expenses incurred 120.10(3). Motion:
Resolved that salaries of school board members be set at: President ___________; Clerk __________; Treasurer ________; Members ________; and authorize reimbursement for expenses incurred. By: ____________________: seconded by: _________________ Vote: ______________.
Present Salaries
9.
President Treasurer -
$3150 $3150
Clerk Members -
$3150 $3050
School Capital Expansion Fund Motion:
To vote for a tax to create a fund for the purpose of financing all current and future capital expenditures related to buildings and sites. All money raised through taxation or otherwise collected pursuant to this subsection shall be deposited by the school district treasurer in a segregated fund. Such money shall not be used for any other purpose or be transferred to any other fund except by authorization by a majority of the electors present at a subsequent annual meeting and only if notice that the issue would be on the agenda was included in the notice of the subsequent annual meeting under s.120.08(1)(c). By: ____________________: seconded by: _________________ Vote: ______________.
5.
10.
Adopt tax levy 120.10(8)(9). Board President, Dr. Montgomery Elmer, will present the budget to the electors. Motion:
11.
To authorize the sale of northwest portion of Lot 84 of Jeff’s Meadows Subdivision as that portion of Lot 84 is not needed by the District for educational purposes. Motion:
12.
Resolved that the tax levy of $___________ presented to the electors be adopted as printed. By: ____________________: seconded by: _________________ Vote: ______________.
To authorize the sale of northwest portion of Lot 84 of Jeff’s Meadows Subdivision as that portion of Lot 84 is not needed by the District for educational purposes. By: ____________________: seconded by: _________________ Vote: ______________.
Annual Meeting Date and Time 120.08(1)(a) – (September 21, 2015). Motion:
To authorize the School Board to set the date and time of the 2015 Annual Meeting of September 21, 2015. By: ____________________: seconded by: _________________ Vote: ______________.
13.
Old Business
14.
New Business
15.
Adjournment 120.10(2). Motion:
Resolved that this meeting adjourn as of ______ PM, September 22, 2014. By: ____________________: seconded by: _________________ Vote: ______________.
6.
KIMBERLY AREA SCHOOL DISTRICT TREASURER'S REPORT FOR THE YEAR ENDED JUNE 30, 2014 Fund Balance - All Funds July 1, 2013
$19,991,053
Add: Revenues Less: Expenditures
$60,459,536 $58,393,694
Fund Balance - All Funds June 30, 2014
$22,056,895
Fund Balances consist of: June 30. 2013
Increase (Decrease)
J une 30. 2014
1
Cash General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Technology Grant & Special Ed (Fund 23/27) Debt Service Funds (Fund 38/39) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Student Activities (Fund 60) Private Benefit Trust (Fund 71, 72) Employee Benefit Trust (Fund 73) Community Service (Fund 80) Total Cash
$7,848,705 $304,098 $362,245 $0 $128,071 $1,644 $183,451 $38,005 $8,050,006 $53,106 $16,969,331
$8,687,596 $284,423 $352,556 $0 $123,752 ($163,181) $179,432 $34,268 $9,602,609 $75,906 $19,177,362
$838,891 -$19,675 -$9,689 $0 -$4,319 -$164,824 -$4,019 -$3,737 $1,552,602 $22,800 $2,208,031
Investm ents General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Debt Service Funds (Fund 38/39) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Community Service (Fund 80) Total Investm ents
$0 $0 $525,800 $1,287,474 $138,964 $434 $1,952,672
$0 $0 $485,787 $1,718,637 $358,820 $0 $2,563,244
$0 $0 -$40,013 $431,163 $219,856 -$434 $610,572
Taxes/Other Receivables/Prepaid Expenses General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Technology Grant & Special Ed (Fund 23/27) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Community Service (Fund 80) Total Receivables
$4,450,687 $0 $0 $178,337 $77,988 $3,640 $4,710,651
$4,288,892 $3,443 $0 $110,964 $76,754 $435 $4,480,488
-$161,795 $3,443 $0 -$67,373 -$1,234 -$3,205 -$230,163
Due From Other Funds/Districts/State/Fed Govt. General Fund (Fund 10) Technology Grant & Special Ed (Fund 23/27) Food Service (Fund 50) Total Due
$1,487,923 $376,966 $5,839 $1,870,729
$1,136,053 $157,729 $0 $1,293,782
-$351,870 -$219,238 -$5,839 -$576,947
$0
$0
$0
Liabilities (Money Owed) General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Technology Grant & Special Ed (Fund 23/27) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Student Activities (Fund 60) Employee Benefit Trust (Fund 73) Community Service (Fund 80) Total Liabilities
$4,443,890 $0 $637,572 $178,337 $66,420 $183,451 $0 $2,662 $5,512,331
$4,695,779 $724 $409,521 $113,335 $58,141 $179,432 $0 $1,048 $5,457,982
$251,889 $724 -$228,051 -$65,001 -$8,279 -$4,019 $0 -$1,613 -$54,350
Fund Balances General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Technology Grant & Special Ed (Fund 23/27) Debt Service Fund (Fund 38/39) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Student Activities (Fund 60) Private Benefit Trust (Fund 71,72)
$9,343,426 $304,098 $101,639 $525,800 $1,415,545 $158,015 $0 $38,005
$9,416,762 $287,142 $100,763 $485,787 $1,840,018 $214,253 $0 $34,268
$73,336 -$19,675 -$876 -$40,013 $424,472 $56,238 $0 -$3,737
$8,050,006 $54,518
$9,602,609 $75,293
$19,991,053
$22,056,895
2
Other Current Assets Capital Projects (Fund 41/45/49)
Employee Benefit Trust (Fund 73) Community Service (Fund 80) Total of All Fund Balances
1 Includes checking accounts, money on hand and deposits with fiscal agents. 2 Money invested to earn income. 3 See Budget Message for an explanation.
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3
$1,552,602 $20,775
$2,063,122
KIMBERLY AREA SCHOOL DISTRICT BUDGET MESSAGE THE YEAR IN REVIEW – 2013/14 x
Above Average Student Achievement at Below Average Cost - As evidenced by our standardized test scores, the District continues to be one of the highest achieving Districts in the Fox Valley, as well as the State. Kimberly High School was also recognized by the Washington Post as one of America’s most challenging high schools for the 4thrd consecutive year. We were ranked as one of the top 20 high schools in the State and the only school in the Fox Valley recognized by the Post.
x
Slight increase in Revenue Limit - The District received a $75.00 per student increase under State Revenue Limit Controls. The per student revenue limit of $9,340.92 was just slightly higher than our 2008-09 limit. The District will also be receiving an additional onetime $25.00 per student increase in State Aid. Combined, these two increases represent approximately a 1% increase in allowable revenue per student.
x
Less Federal Aid – During the height of the recession in 2008/09, the District received $4,205,005 in Federal Aid. The District received approximately $1,692,000 in Federal aid in 2013/14. We no longer receive Stimulus Funding. Our Charter Grant ended. Our Special Education and Title Budgets have been reduced due to sequestration spending cuts.
x
Slighter High Taxes but Decreased Tax Rate - The Tax Levy increased by $65,572 or .39%. However, property values increased 2.17% resulting in a decreased tax rate(amount of taxes a home owner pays for each $1000 of property value) of -$0.18 or -1.71%.
x
Health Insurance Change - As part of a continual effort to control cost increases, the District is moving to a Wellness Based Health Insurance Plan. Starting in 2013/14, to maximize the employee premium discount, both the employee and their spouse could participate in the District’s participation based Personal Health Assessment.
x
Facility Improvements – Two major improvements at the High School were started near the end of 2013/14 that will be completed in 2014/15. A building addition was started to meet the needs of our increasing special needs student population. Also, an improvement to the high school entrance was started that will hopefully ease traffic congestion. Another major facility improvement in 2013/14 was the replacement of air handling units in two sections of Westside Elementary. These units needed to be upgraded for the District to be able to operate our HVAC system efficiently. The High School LMC (Library) has been remodeled to keep pace with emerging digital technologies. In addition, a variety of paving, exterior door and flooring improvements have been made throughout the District.
x
Technology Improvements – The District is continuing to improve its infrastructure to provide mobility and access to information for students anywhere within the District. Last summer all buildings were connected to each other with high speed fiber cable to increase bandwidth (capacity). Internet access is now a major component of daily instruction. A secondary internet feed and load balancing software was installed to ensure there will always 8
be access. In addition, a high capacity generator was added to ensure we have power. Outdated computers were replaced at Woodland, Mapleview and JRG. Lastly, a large quantity of mobile computing devices were purchased for students as part of our instructional technology initiative at the middle grade levels. x
Enrollment higher than projected - For the first time in many years, the District was projecting an enrollment decline in 2013/14. This did not occur. We actually had a small increase of 32 students who reside within the District. In addition we had an increase in students from other districts who attend Kimberly under Open Enrollment. We had a net gain of 53 students under the Open Enrollment Program.
WHAT’S NEW IN 2014/15 x
Slight increase in Revenue Limit - The District will be receiving a $75.00 per student increase under State Revenue Limit Controls. The District will also be receiving an additional one-time $75.00 per student increase in State Aid. Combined, these two increases represent approximately a 1.5% increase in allowable revenue per student.
x
Lower Taxes - The Tax Levy is estimated to decrease by approximately -$133,387 or -.79%.
x
Health Insurance - As part of a continual effort to control cost increases, the District will be looking at a variety of options in 2014-15 including an on-site clinic and self-insurance.
x
Facility Improvements – The High School addition and road entrance were completed this summer. In addition, more visiting bleachers were added to Papermaker Stadium. The air handling unit project at Westside continued with the replacement of air handling unit in Pod 3. In addition, a variety of paving, electrical and flooring improvements have been made throughout the District. Many school districts have to go to referendum to ask the taxpayer for additional funding for major facility improvements. Kimberly’s projects are all being funded within our regular operating budgets.
x
Technology Improvements – The District Technology Budget continues to provide the hardware, infrastructure and software needed to support the instructional goals of the District. Included in the budget are various wireless and networking upgrades. Funding continues to be side aside for mobile student computing devices. Outdated computers were also replaced at Westside and Sunrise. Lastly the District will be moving to a new student information system. The goal of this major initiative is to provide tools to streamline student administration, enable stakeholder collaboration and personalize learning.
x
Enrollment Projected to be flat - The Budget is based on no increase of students who reside within the District or students from other districts who attend Kimberly under Open Enrollment. The Budget will be revised in October when we know actual numbers.
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THE FUTURE x
State Funding – The State of Wisconsin’s financial position improved considerably with recent dramatic reductions in state spending. A great deal of those reductions involved public schools. To help address these reductions, the State provided tools for Districts to reduce spending. Those tools allowed us to balance our recent Budgets. The challenge is that most of these tools were one-time measures. It is likely that restrictive revenue controls and reductions in state aid will continue well into the future. With fewer options to reduce spending, the District will need to remain diligent to provide a quality education while protecting our strong financial position.
x
Labor Relations – With the enactment of Wisconsin Act 10 that restricts collective bargaining rights, we will need to continue to develop alternative compensation and benefit systems that will allow the District to attract and retain employees while maintaining costs.
x
Enrollment - The District receives significantly less revenue per student than the State average. This had been offset, in the past, by the District’s rapid enrollment growth. Our enrollment is no longer growing at a rapid rate. We have been able to offset some of this reduction through students from other District’s attending Kimberly under the Open Enrollment Program. If these trends continue and our revenue continues to decline, we will need to adjust our spending so we can maintain our strong financial position.
x
Health Insurance – Under revenue controls, if health insurance costs continue to increase, it will become exceedingly difficult to provide our employees with pay increases while providing the same level of benefits. It is anticipated that new National Health Care legislation will further increase costs, at least in the near future. The District, our employees, health care providers, insurance carriers, state and federal governments must continue to work together if we are to solve this crisis.
x
District Financial Position – As a result of past practices, the District is in good financial condition. With continued revenue limitations and increasing costs, the District will have to make difficult choices in the future.
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KIMBERLY AREA SCHOOL DISTRICT BUDGET ASSUMPTIONS This budget is our best estimate of the resource distribution required to achieve the goals and objectives of the school district. There are variables that may impact the budget, which will not be finalized until the October 27, 2014 Board Meeting. These include: x
Revenue Limit Enrollment Adjustment - Under the current Revenue Limit Formula, the District receives additional funding for enrollment increases and less for enrollment declines. This Budget assumes no additional students for the 2014/15 school year. If actual enrollment is greater than anticipated, the Revenue Limit (formula based on student enrollment that determines how much State Aid and Tax Revenue the District can receive) may increase, leading to an increase in the Tax Levy. If actual enrollment is less than anticipated, the Revenue Limit and Tax Levy will decrease. Actual enrollment figures were not available at the time of this printing.
x
Equalization Aid - The State of Wisconsin provides a significant amount of aid to school districts. Aid was significantly reduced over the past several years. The District is anticipating an increase in aid. If Equalization Aid is less than projected, the Tax Levy will go up by that difference. Information needed to determine the exact amount of this aid is not available until October.
x
Property Valuation - The estimated tax rate assumes that the value of all property in the District will remain flat. If property values increase, the tax rate (taxes paid per $1000 of property value) will decrease. Actual property valuation will not be available until October.
x
Computer Valuation - Business computers are exempt from property tax. The District now receives aid to make up for this lost Tax Revenue. Actual computer valuation will not be available until October. If the actual value is more or less than anticipated, the Tax Levy will decrease or increase accordingly.
x
Educational Advancement and Insurance Benefits – Teaching staff receive additional compensation for additional educational attainment. The actual number of teachers who will be receiving this compensation is not known at the time of this printing. In addition, not all new employees have selected between single or family health and dental insurance plans. The current budget is based on past history.
x
Tuition Revenue and Expenses - Budgeted tuition revenues and expenses are based on students who applied to attend other school districts under the “Open Enrollment” process. However, many students who apply do not actually attend. Actual enrollment figures for tuition students are not available at the time of this printing.
x
Grants – The exact amount of Federal Grant Funding was not known at the time of this printing. If funding revenue form grants goes up, grant expenditures will also go up by that amount.
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KIMBERLY AREA SCHOOL DISTRICT 2014-15 BUDGET HIGHLIGHTS
TAX LEVY GENERAL FUND DEBT SERVICE CAPITAL IMPROVEMENTS COMMUNITY SERVICE TOTAL
Actual Budget DOLLAR PERCENT 2013-14 2014-15* CHANGE CHANGE $12,218,366 $12,079,050 -$139,316 -1.14% $4,036,789 $4,042,718 $5,929 0.15% $500,000 $500,000 $0 0.00% $46,823 $46,823 $0 0.00% $16,801,978 $16,668,591 -$133,387 -0.79%
TAX LEVY COMMUNITY SERVICE
$18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0
CAPITAL IMPROVEMENTS DEBT SERVICE
GENERAL FUND
2013-14
2014-15*
TAX RATE PER $1,000 OF EQUALIZED ASSESSED VALUATION
GENERAL FUND DEBT SERVICE CAPITAL IMPROVEMENTS COMMUNITY SERVICE TOTAL
Actual 2013-14 $7.52 $2.48 $0.31 $0.03 $10.34
Budget 2014-15* $7.43 $2.49 $0.31 $0.03 $10.26
DOLLAR PERCENT CHANGE CHANGE -$0.09 -1.20% $0.01 0.40% $0.00 0.00% $0.00 0.00% -$0.08 -0.77%
TAX RATE PER $1,000 $12.00
$10.00 $8.00
$4.00
CAPITAL IMPROVEMENTS
$2.00
DEBT SERVICE
$0.00
GENERAL FUND
2014-15*
COMMUNITY SERVICE
2013-14
$6.00
* Estimated - Property valuation and corresponding tax rate are estimated. Actuals can not be determined until property valuation is certified by the Department of Revenue in October of 2015.
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KIMBERLY AREA SCHOOL DISTRICT MULTI-YEAR TAX COMPARISON
School Year 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 2010-11 2011-12 2012-13 2013-14 2014-15
Equalized Property Value $490,116,241 $583,950,284 $629,721,610 $693,339,678 $731,842,131 $773,841,708 $876,977,203 $1,009,046,999 $1,113,380,150 $1,226,125,831 $1,333,695,416 $1,430,424,762 $1,521,372,303 $1,560,717,698 $1,619,178,766 $1,669,751,426 $1,669,505,452 $1,680,933,957 $1,590,922,939 $1,625,404,920 $1,625,404,920
Property % Increase 11.09% 19.15% 7.84% 10.10% 5.55% 5.74% 13.33% 15.06% 10.34% 10.13% 8.77% 7.25% 6.36% 2.59% 3.75% 3.12% -0.01% 0.68% -5.35% 2.17% 0.00%
Tax Levy $7,793,697 $8,480,260 $7,061,137 $7,198,942 $7,400,815 $9,072,870 $9,566,529 $10,348,004 $11,256,389 $11,843,312 $12,750,221 $12,991,404 $14,593,571 $14,438,250 $14,467,972 $15,680,894 $16,672,024 $17,210,067 $16,736,406 $16,801,978 $16,668,591
Tax Rate Per $1,000 $15.90 $14.52 $11.21 $10.38 $10.11 $11.72 $10.91 $10.26 $10.11 $9.66 $9.56 $9.08 $9.59 $9.25 $8.94 $9.39 $9.99 $10.24 $10.52 $10.34 $10.26
TAX RATE PER $1,000 OF EQUALIZED PROPERTY VALUE 15.90
$16
14.52
$14 $12
Rate
$10
11.72 11.21 10.24 10.91 10.34 10.26 10.38 9.99 10.52 10.11 10.26 10.11 9.669.56 9.59 9.39 9.08 9.258.94
$8 $6 $4
$2 $0 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02 2000-01 1999-00 1998-99 1997-98 1996-97 1995-96 1994-95 School Year
* Estimated - Property valuation and the corresponding tax rate are estimated. Actuals can not be determined until property valuation is certified by the Department of Revenue in October of 2014. 13
Tax Rate % Increase -10.37% -8.68% -22.80% -7.40% -2.60% 15.92% -6.91% -5.96% -1.46% -4.45% -1.04% -5.02% 5.62% -3.55% -3.35% 5.03% 6.39% 2.50% 2.73% -1.71% -0.77%
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 The following pages present data on Expenditures, Revenues and Fund Balances for 2012-13, 2013-14 and the budget for 2014-15 in a format recommended by the Department of Public Instruction for the adoption of school district budgets. Definitions and Graphics have been added to facilitate understanding. DEFINITION OF FUND:
A fund is an independent accounting entity consisting of a self-balancing set of accounts established for the purpose of carrying on specific activities or attaining certain objectives in accordance with laws, regulations, restrictions or limitations. On the following pages you will find a description of every fund used by the District along with financial data on that fund.
GENERAL FUND The General Fund is the largest fund in the District and is used to account for the day-to-day financial operations of the District. All monies are accounted for here except those which are required to be accounted for in a separate fund (i.e. Federal Projects, Long-term Debt). Audited 2012-13
REVENUES 930000 932000 935000 936000 937000 938000
Beginning Fund Balance Ending Fund Balance - Designated Ending Fund Balance - Nonspendable Ending Fund Balance - Restricted Ending Fund Balance - Committed Ending Fund Balance - Assigned 1 939000 Ending Fund Balance-Unassigned 930000 TOTAL ENDING FUND BALANCE TOTAL REVENUES & OTHER FINANCING 100 Operating Transfers-In Local Sources 210 Taxes 230 Interfund Payments 240 Payment for Services 2 260 Non-Capital Sales 3
270 School Activities Income 280 Interest on Investments 290 Other Local Revenue 4 Other School Districts within Wisconsin 310 Interdistrict Transit of State Aid 5 340 Payment for Services 380 Medical Service Reimbursements 390 Other Interdistrict within Wisconsin Other School Districts Outside of Wisconsin 440 Payment for Services 490 Other Interdistrict Outside Wisconsin Intermediate Sources 510 Intermediate Transit of State Aid 6 520 Payment in Lieu of Taxes 540 Payment for Services 580 Medical Services Reimbursement 590 Other Intermediate Sources
Unaudited 2013-14
8,218,637
2014-15 Budget
Dollar Change
Percent Change
0 51,482 0 311,530
9,343,426 31,603 0 0 0 761,967
9,416,763 31,603 0 0 0 761,967
73,337 0 0 0 0 0
0.78% 0.00% 0.00% 0.00% 0.00% 0.00%
8,980,414 9,343,426
8,623,193 9,416,763
8,623,193 9,416,763
0 0
0.00% 0.00%
0
0
0
0
0.00%
12,101,524 0 0
12,218,366 0 0
12,079,050 0 0
-139,316 0 0
-1.14% 0.00% 0.00%
1,559
720
1,000
280
38.89%
31,725 12,059 282,276
44,974 14,295 265,775
32,000 12,000 310,345
-12,974 -2,295 44,570
-28.85% -16.05% 16.77%
0 2,299,961
0 2,798,361
0 2,967,845
0 169,484
0.00% 6.06%
11,178
0
0
0
0.00%
0 0
0 0
0 0
0 0
0.00% 0.00%
18,259 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00%
*See next page for Revenue Definitions
14
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15(Continued) Audited 2012-13
REVENUES (Continued) State Sources 610 State Aid - Categorical 7 620 State Aid - General 8 630 Special State Project Grants 9 640 Payments for Services 650 State Youth Initiative Program 10 660 State Revenue thru Local Sources 690 Other Revenue, State 11 Federal Sources 710 Transit of Aids 720 Impact Aid 730 Special Project Grants 12 740 Payments for Services 750 Title 1 & 2 13 760 Job Training Partnership Act Grant 770 Federal Revenue Thru Local Gov. 14 780 Federal Revenue Thru State 790 Other Revenue, Federal Other Financing Sources 850 Reorganization Settlement 15 860 Compensation, Fixed Assets 870 Long-Term Obligations 890 Miscellaneous Other Financing Revenues 960 Adjustments 17 970 Refund of Disbursement 980 Medical Service Reimbursement 990 Miscellaneous TOTAL REVENUES & OTHER FINANCING
Unaudited 2013-14
2014-15 Budget
Dollar Change
Percent Change
429,649 27,242,259 0 0 0
545,140 27,878,226 29,200 0 0
869,080 28,600,000 0 0 0
3,392 210,005
3,371 217,121
3,300 161,526
-71 -55,595
-2.11% -25.61%
0 0 249,040 0 149,782 0 0
0 0 65,904 0 154,291 0 0
0 0 82,300 0 157,553 0 0
0 0 16,396 0 3,262 0 0
0.00% 0.00% 24.88% 0.00% 2.11% 0.00% 0.00%
2,000 0
93,658 0
0 0
0
0
0
10,945
106,318
0
0 0
0 0
0 0
4,511
1,101
0
66,720 0 55,906 43,182,750
243,210 0 56,882 44,736,913
50,000 0 45,000 45,370,999
323,940 59.42% 721,774 2.59% -29,200 -100.00% 0 0.00% 0 0.00%
-93,658 -100.00% 0 0.00% 0 0 0
-193,210 0 -11,882 634,086
*Selected Revenue Definitions 2 Revenue from the sale of items not considered to be capital e uipment. 3 Revenue received from school sponsored activities such as admission to athletic events. 4 Revenue from miscellaneous resources such as student fees & fines. isconsin School Districts for their students attending our schools under Open Enrollment Law.
6 State Aid received via an Intermediate Education Agency (CESA). 7 State Transportation, and Library Aid (based on of students). 8 State E uali ation Aid (based on property tax wealth within the district). 9 Money received from State to support speciali ed education programs. 10 Money received from State for D R property in District. 11 Business computers became exempt from property tax in 99-00. The District now receives aid to make up for lost tax revenue. 12 Federal grants received thru the Dept. of Public Instruction for improvement of instruction and Charter Schools. 13 Federal Aid received thru the Dept. of Public Instruction for specific programs. 14 Federal Aid received thru the State other than DPI including Medicaid/School Based Services. 15 Compensation for the sales of assets. 17 Refund of prior year expenditure including E-Rate Refund and
orkers Compensation Dividend.
15
0.00% 0.00%
-1,101 -100.00%
1 Portion of fund balance to be used for cash flow needs and emergencies.
5 Tuition received from other
0.00%
-106,318 -100.00%
-79.44% 0.00% -20.89% 1.42%
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2013-14 (Continued)
2013-14
GENERAL FUND REVENUES BY PERCENTAGE Federal 0.70% Local & Other 35.21%
State 64.09%
2014-15 BUDGETED GENERAL FUND REVENUES BY PERCENTAGE Federal 0.53%
Local & Other 34.16%
State 65.31%
16
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 GENERAL FUND EXPENDITURES BY FUNCTION DEFINITION OF FUNCTION:
Grouping of expenditures by department or purpose. Audited 2012-13
Expenditures by Function 1
Undifferentiated Curriculum Regular Curriculum 2 Vocational Curriculum Physical Curriculum 3 150000 Special Curriculum 160000 Co-Curricular Activities 4 170000 Special Needs 5 210000 Pupil Services 110000 120000 130000 140000
220000 Instructional Staff Services 230000 General Administration 7
6
240000 School Building Administration 250000 Business Administration 9
8
10
260000 Central Services 270000 Insurance & Judgments 12 280000 Debt Services 290000 Other Support Services
11
13
410000 Interfund Operating Transfers 15
430000 Tuition Payments 490000 Other Non-Program TOTAL EXPENDITURES
16
14
Unaudited 2013-14
Budget 2014-15
Dollar Change
Percent Change
9,464,052 8,695,949 1,628,860 1,245,158
9,807,135 9,889,257 1,673,449 1,261,773
10,597,681 9,958,239 1,662,563 1,315,923
790,546 68,982 -10,886 54,150
8.06% 0.70% -0.65% 4.29%
0 715,638
0 758,486
0 818,500
0 60,014
0.00% 7.91%
553,244
597,814
594,193
-3,621
-0.61%
1,228,910
1,286,203
1,322,118
35,915
2.79%
1,634,889
1,796,632
1,841,717
45,085
2.51%
480,400
491,286
500,056
8,770
1.79%
2,288,208
2,529,417
2,619,577
90,160
3.56%
5,866,353
7,081,201
6,104,743
-976,458
-13.79%
1,956,260
1,680,253
2,105,202
424,949
25.29%
287,500
278,927
304,480
25,553
9.16%
25,076
138,970
0
-138,970
-100.00%
1,348,301
207,425
154,631
-52,794
-25.45%
3,650,807
3,958,987
4,230,969
271,982
6.87%
982,939
1,223,812
1,235,407
11,595
0.95%
5,417 42,057,961
2,549 44,663,576
5,000 45,370,999
2,451 707,423
96.16% 1.58%
1 Teacher instructs over several subject areas (i.e., 1st Grade). 2 Teacher instructs in one area (i.e., math or science). 3 Activities of special needs students now accounted for in a separate Fund (27) - see 14. 4 Activities of special needs students not categori ed under Special Curriculum . 5 Activities such as Guidance and ursing. 6 Activities such as Curriculum Development and Library Services. 7 Activities related to the Board & Superintendent. 8 Activities of School Principal Offices. 9 Activities associated with Accounting, Custodial Services, tilities, Maintenance & Transportation. 10 Activities such as phones, postage and printing. 11 Property and Casualty Insurance. 12 Installment Purchase (Capital Lease) & Cash Flow Borrowing interest expenses. 13 Retirement benefits transferred to the Post Retirement Benefit Trust. 14 Transfer of funds from General Fund to the Special Education Fund (27). 15 Tuition Payments including those for Open Enrollment. 16 Miscellaneous adjustments including payment back to Municipalities for uncollected taxes from previous year.
17
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 GENERAL FUND EXPENDITURES BY OBJECT DEFINITION OF OBJECT:
Grouping of expenditures by expense category.
Audited 2012-13
Expenditures by Object 100 200 300
Salaries Benefits Purchased Services 1 2
400
Non-Capital Objects
500
Capital Objects
600 700
Debt Retirement 4 Insurance & Judgments
800
Interfund Transfers
900
Miscellaneous
3
5
TOTAL EXPENDITURES
Unaudited 2013-14
Budget 2014-15
Dollar Change
Percent Change
20,620,770 8,397,771
21,284,923 8,240,590
21,935,268 8,995,190
650,345 754,600
3.06% 9.16%
6,233,077
7,533,370
6,831,289
-702,081
-9.32%
1,562,633
1,725,111
1,897,235
172,124
9.98%
1,092,691
1,228,456
960,068
-268,388
-21.85%
25,076 280,002
138,971 275,734
0 296,000
-138,971 20,266
-100.00% 7.35%
3,650,807
3,958,987
4,230,969
271,982
6.87%
195,134
277,434
224,980
-52,454
-18.91%
42,057,961
44,663,576
45,370,999
707,423
1.58%
Selected Object Definitions 1 Purchased Services
Payments for services rendered by personnel who are not on the district payroll.
2
Supplies, materials and e uipment with a value of less than $1,000 per unit.
on-Capital Objects
3 Capital Objects
Computers with a value over $500 per unit plus all other e uipment, buildings and sites
4 Debt Retirement
Principal and interest payments for our cash flow borrowing (not long-term debt).
5 Interfund Transfers
Transfer of Funds from General Fund to the Special Education Fund (27).
with a value over $1,000 per unit.
2014-15 PERCENTAGE OF EXPENDITURES BY OBJECT Purchased Services 14.72%
Capital Objects 1.20%
Benefits 19.83%
Insurance & Judgments 0.65%
Non-Capital Objects 4.45% Debt Retirement 0.02% Other 10.47%
Interfund Transfers 9.25%
b Miscellaneous 0.50%
Salaries 48.35%
18
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 GENERAL FUND EXPENDITURES BY FUNCTION (Continued) BUDGET COMPARISON BY FUNCTION
Tuition Payments 15
Interfund Operating Transfers 14
Other Support Services 13
Debt Services 12
Insurance & Judgments 11
Central Services 10
Business Administration 9
FUNCTION
School Building Administration 8
General Administration 7
Instructional Staff Services 6
Pupil Services 5
Special Needs 4
Co-Curricular Activities
Special Curriculum 3
Physical Curriculum
Vocational Curriculum
Regular Curriculum 2
Undifferentiated Curriculum 1
2014-15
2013-14
$0
$2,000,000
$4,000,000
19
$6,000,000
$8,000,000
$10,000,000
$12,000,000
KIMBERLY AREA SCHOOL DISTRICT EXAMPLES OF MAJOR GENERAL FUND EXPENDITURE INCREASES/DECREASES BY OBJECT SALARIES 2014/15 2013/14
$21,935,268 21,284,923
Increase
$
650,345
Salaries are anticipated to increase by approximately 3.06%. This includes salaries for new staff, a cost-ofliving increase for current employees and additional teacher compensation for experience and educational attainment. Salary and benefits for Special Education staff are accounted for in the Special Education Fund.
BENEFITS 2014/15 2013/14
$ 8,995,190 8,240,590
Increase
$ 754,600
Benefits are anticipated to increase by approximately 9.16%. The increase in benefits is primarily related to increased Health Insurance premiums.
PURCHASED SERVICES 2014/15 2013/14
$ 6,831,289 7,533,370
Decrease
(- $702,081)
Purchased Services include payments to third parties for services they provide. Significant Purchased Services include Open Enrollment tuition costs - $1,180,000, Utilities - $1,363,000, Busing - $1,184,432, Operational Services (primarily cost of contracted Cleaning Service) - $709,250, Maintenance Services $720,500 and Contracted Personal (i.e. consultants, attorneys) Services - $910,797. Several major renovations were paid for out of the 2013/14 Budget that are not included in the 2014/15 Budget. This will result in a reduction in Purchased Services in 2014/15. The majority of the cost for the high school addition and entrance improvement were paid for in 2013/14. Several paving projects and the replacement of an air handling unit at Westside were paid for out of the operating budget instead of our Capital Improvement Fund (41) in 2013/14. Lastly, one time storm damage costs including the replacement of the Kornerstone roof were paid for in 2013/14.
20
KIMBERLY AREA SCHOOL DISTRICT EXAMPLES OF MAJOR EXPENDITURE INCREASES/DECREASES BY OBJECT- CONTINUED NON-CAPITAL OBJECTS 2014/15 2013/14
$ 1,897,235 1,725,111
Increase
$ 172,124
Non-Capital Object expenses include supplies, non-capital equipment (not considered a fixed asset) books, materials and computer software. To encourage better spending, unused supply budgets are allowed to be carried over into the next year. Included in the 2014/15 Budget are approximately $826,609 for general supplies, $346,005 for computer software & components, $210,695 for media, $204,230 for textbooks, $84,746 for non-capital equipment and $75,000 for paper. The increase in the 2014/15 Budget is primarily related to the cost of purchasing the District’s new Student Information System.
CAPITAL OBJECTS 2014/15 2013/14
$ 960,068 1,228,456
Decrease
(- $268,388)
Capital Objects include buildings, sites and equipment with a value over $1,000 per unit and computers with a value over $500 per unit. The District made several significant technology equipment purchases in 2013/14 that will not be made in 2014/15. These purchases included equipment for our High School Technology Education Program, replacement of athletic equipment damaged in a storm and various computer replacements and upgrades. Significant 2014/15 purchases include $400,000 for chromebooks as part of our mobile student computing initiative, 163,875 for computer replacements as part of our 5-year rotation program, $90,000 for computer network and back-up system replacements, $76,500 for copier/printer replacements, $26,000 for security equipment and $25,000 for additional computer data storage.
OPERATIONAL DEBT 2014/15 2013/14
$ 0 138,971
Decrease
(-$138,971)
Included in Operational Debt are installment purchase (Capital Lease) payments and short-term borrowing costs to meet cash flow needs. We do not anticipate and Operational Debt payments in 2014/15. The District paid off its Capital Lease for our Football Stadium Turf Project in 13/14. The District has not had to shortterm borrow the past few years. 21
KIMBERLY AREA SCHOOL DISTRICT EXAMPLES OF MAJOR EXPENDITURE INCREASES/DECREASES BY OBJECT- CONTINUED
INSURANCES 2014/15 2013/14
$296,000 275,734
Increase
$ 20,266
Included in insurances are costs associated with Liability, Property, Workers Compensation and Unemployment Insurance. The 14/15 Budget reflects premium increases.
INTERFUND TRANSFERS 2014/15 2013/14
$4,230,969 3,958,987
Increase
$ 271,982
All Special Education costs are accounted for in a separate Fund - 27. Special Education costs not covered by state aid or federal grants must be transferred from the General Fund to Fund 27. This transfer is accounted for here. The increase in the amount of money that has to be transferred to the Special Education Fund in 2014/15 is related to a slight decrease in special education revenue used to offset expenses and an increase in expenses. Salary and benefit expenditures for Special Education Staff are budgeted to increase by $260,755.
OTHER 2014/15 2013/14
$224,980 277,434
Decrease
(-$52,454)
“Other” expenditures are generally associated with dues and fees for such things as memberships to professional organizations, registration fees, reimbursement for graduate school credits, co-curricular participation, license fees including software licenses, bank service charges and various other fees. The 2014/15 decrease is primarily related to Curriculum and Instruction related dues and fees. A $30,000 grant was received in 2013/14 to help pay for a particular training that will not be done in 2014/15. Other Curriculum and Instruction fees were also reduced.
22
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 SPECIAL PROJECTS FUNDS (FUND 21, 23 & 27) Special Project Funds are used to account for activities funded by specific sources for specific purposes. These include Fund 21 (gifts and donations for specific purposes such as playground equipment), Fund 23 (State Technology Grant that has been suspended) and Fund 27 (activities related to Special Education).
900000 Beginning Fund Balance 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 100000 Instruction 200000 Support Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
Audited 2012-13 393,252 405,738 7,391,856 5,758,580 1,405,681 215,109 7,379,370
Unaudited 2013-14 405,738 391,754 7,642,069 6,068,097 1,411,171 176,785 7,656,053
Budget 2014-15 391,754 348,886 7,659,843 6,144,913 1,380,798 177,000 7,702,711
Dollar Change -13,984 -42,868 17,774 76,816 -30,373 215 46,658
Percent Change -3.45% -10.94% 0.23% 1.27% -2.15% 0.12% 0.61%
DEBT SERVICE FUNDS (FUND 38 & 39) The Debt Service Fund is used to track revenues (primarily tax levy) and expenditures (principal & interest payments) associated with the retirement of long-term debt. "Long-term Capital Debt" (281000) is related to Sunrise, the High School, Mapleview and Woodland Building Referendum projects. The increases in revenue and expenses for 2012/13 was related to the District's decision to refinance (282000) portions of existing referendum debt during that year. As a result of this refinancing and another refinancing in 2011/12, future tax levies will be reduced by approximately $3,451,818. Audited 2012-13 900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 281000 Long-Term Capital Debt 282000 Refinancing 283000 Long-Term Operational Debt
Unaudited 2013-14
Budget 2014-15
Dollar Change
Percent Change
709,684 0 525,800 18,467,920 4,277,350 14,374,454 0
525,800 0 485,786 4,038,629 4,078,643 0 0
485,786 0 420,569 4,042,718 4,107,935 0 0
-40,014 0 -65,217 4,089 29,292 0 0
-7.61% 0.00% -13.43% 0.10% 0.72% 0.00% 0.00%
289000 Other Long-Term Debt
0
0
0
0
0.00%
410000 Interfund Transfer
0
0
0
0
0.00%
4,078,643 4,107,935 29,635,000 26,380,000
29,292 -3,255,000
0.72% -10.98%
TOTAL EXPENDITURES & OTHER FINANCING 842000 INDEBTEDNESS, END OF YEAR
18,651,804 32,780,000
CAPITAL PROJECT FUNDS (FUND 41, 45 & 49) The Capital Project Fund is used to account for financial resources involved in the acquisition of land and capital objects (i.e., classroom computers), construction of capital facilities (i.e., new building or major remodeling projects) or maintenance projects (i.e., new roof). The Revenue in this Fund primarily comes from the proceeds of Debt (Fund 38 & 39). The 2013/14 Budget included the annual lease payment for our Field Turf Project. This lease was paid off in 2013/14. The majority of funds used to pay the lease were from community donations.
23
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 CAPITAL PROJECT FUNDS (FUND 41, 45 & 49) Audited 2012-13 900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 100000 Instruction 200000 Support Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
986,371 0 1,415,545 551,303 0 122,129 0 122,129
Unaudited 2013-14 1,415,545 0 1,842,017 533,525 0 107,053 0 107,053
Budget 2014-15 1,842,017 0 1,867,017 525,000 0 500,000 0 500,000
Dollar Change 426,472 0 25,000 -8,525 0 392,947 0 392,947
Percent Change 30.13% 0.00% 1.36% -1.60% 0.00% 367.06% 0% 367.06%
FOOD SERVICE FUND (FUND 50) All receipts and expenditures for our school lunch program are recorded here. This program is contracted out to Chartwells, Inc., a Food Service Management Company. The goal of this Fund is for it to be self sustaining. We have been able to meet that goal. However, student participation has been decreasing under new mandates from the Healthy Hungry Free Kids Act. The loss in revenue from fewer students eating school lunch has been offset by a new breakfast program and controlling costs. To remain profitable in future years, the challenge will be to convince children and their parents to eat healthy school lunches when they have the option of eating at a fast food restaurant or bringing a less healthy option from home. Audited 2012-13 900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 200000 Support Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
93,660 0 158,015 1,184,371 1,120,016 0 1,120,016
Unaudited 2013-14 158,015 0 214,253 1,224,730 1,168,492 0 1,168,492
Budget 2014-15 214,253 0 214,253 1,297,253 1,297,253 0 1,297,253
Dollar Change 56,238 0 0 72,523 128,761 0 128,761
Percent Change 35.59% 0.00% 0.00% 5.92% 11.02% 0.00% 11.02%
EMPLOYEE BENEFIT TRUST (FUND 73) The District established a Trust in 2003/04 to help fund employee retirement benefits the District has been obligated to pay in the future. This Fund can only be used to pay retiree benefits. The District is not obligated to make payments to the Trust. The value of the Trust increased by $1,560,964 in 2013/14. $812,532 of that increase was for unrealized gains (value of Investment has increased but hasn't been sold yet) that were not accounted for in 2012/13. $1,091,632 in additional contributions were made. Interest income and realized gains (investment sold) were $304,235. These increases were offset by Trust fees of $69,449 and payments to retirees of $577,987. Per our most recent Actuarial Study, the Trust was fully funded. Not many school districts in the State or country are able to say this. The value of the Trust as of 6/30/14 was $9,610,970. Since the District's initial contribution into Wisconsin OPEB Trust in April of 2012, the investment has gained approximately $1.234 Million in value. Audited 2012-13 900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 200000 Support Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
6,354,060 0 8,050,006 2,433,652 56,909 680,797 737,706 24
Unaudited 2013-14
Budget 2014-15
8,050,006 9,610,970 0 0 9,610,970 10,349,639 2,208,400 1,436,320 69,449 82,250 577,987 615,401 647,436 697,651
Dollar Change 1,560,964 0 738,669 -772,080 12,801 37,414 50,215
Percent Change 19.39% 0.00% 7.69% -34.96% 18.43% 6.47% 7.76%
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 COMMUNITY SERVICE FUND (FUND 80) Fund 80 is used to account for community activities that are not directly related to school educational programs. The District's Community Fitness Center is accounted for in this Fund. The amount set aside to pay workers is $15,701, $5,588 for supplies and $8,000 for equipment maintenance and replacement. All District facilities are open to the public. Over 10,000 events were scheduled and coordinated by a District secretary this past year. A portion of that individuals salary and benefits ($13,829) are paid in Fund 80. A portion of salary and benefits ($5,585) for the employee that is responsible for Community Outreach Programs such as Senior Quest, Little Free Libraries and Mini-Makers is also paid for out of Fund 80. In addition, $3,000 has been set aside for supplies for these outreach programs. Lastly, a portion of an employees salary and benefits ($7,294 is paid out of Fund 80 to coordinate a County funded intervention program for youth in the community. The Community Service Tax Levy will support $46,823 out of $58,367 in budgeted expenditures.
900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 100000 Instruction 200000 Support Services 300000 Community Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
Audited 2012-13 34,384 0 54,818 68,799 0 0 48,365 0 48,365
Unaudited 2013-14 54,818 0 75,592 65,442 0 0 44,668 0 44,668
Budget 2014-15 75,592 0 75,592 58,367 0 0 58,367 0 58,367
Dollar Change 20,774 0 0 -7,075 0 0 13,699 0 13,699
Percent Change 37.90% 0.00% 0.00% -10.81% 0.00% 0.00% 30.67% 0.00% 30.67%
Unaudited Budget Dollar 2013-14 2014-15 Change 15,769,677 60,390,500 44,620,823 55,760,306 59,734,916 3,974,610
Percent Change 282.95% 7.13%
ALL FUNDS COMBINED
TOTAL REVENUES & OTHER FINANCING TOTAL EXPENDITURES & OTHER FINANCING
Audited 2012-13 73,280,651 70,117,351
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KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 PROPERTY TAX LEVY Audited 2012-13
FUND General Fund Debt Service Fund Capital Expansion Fund Community Service Fund TOTAL SCHOOL LEVY
Unaudited 2013-14
$12,101,524 $4,088,059 $500,000 $46,823 $16,736,406
$12,218,366 $4,036,789 $500,000 $46,823 $16,801,978
Budget 2014-15
$12,079,050 $4,042,718 $500,000 $46,823 $16,668,591
Dollar Change
-$139,316 $5,929 $0 $0 -$133,387
Percent Change
-1.14% 0.15% 0.00% 0.00% -0.79%
EQUALIZED VALUATION & TAX LEVY BY MUNICIPALITY Projected MUNICIPALITY
Village of Kimberly Town of Harrison Village of Harrsion City of Appleton Town of Buchanan Village of Combined Locks Totals *
EAV 2014-15
Total Percent of Total
$426,898,100 $124,034,187 $414,531,654 $29,982,150 $438,715,629 $191,243,200 $1,625,404,920
26.26% 7.63% 25.50% 1.84% 26.99% 11.77% 100%
Levy 2014-15
$4,377,857 $1,271,975 $4,251,038 $307,468 $4,499,046 $1,961,206 $16,668,590
EAV is short for Equalized Assessed Valuation. It is the total market value of all property within the District.
TAX RATE October 2013
School Tax Levy Equalized Valuation *Tax Rate/$1000 of Equalized Valuation
October 2014
Estimated 2015**
$16,736,406 $16,801,978 $16,668,591 $1,590,922,939 $1,625,404,920 $1,625,404,920 $10.52 $10.34 $10.26
Dollar Change
($133,387) $0 ($0.08)
** The estimated tax rate is based on the assumption that the equalized assessed valuation (EAV) of property will remain the same. The actual tax rate can not be determined until the District receives official certification of Equalized Property Values from the Wisconsin Department of Revenue in October, 2014.
26
Percent Change
-0.79% 0.00% -0.77%
KIMBERLY AREA SCHOOL DISTRICT STAFFING
Salary and Benefit Costs are the largest expenditure for school districts and have the greatest impact on the Budget. Cost increases include wage increases, benefit increases and the cost of adding new staff. At the time of this publication, following are new staff that have been added, as well as staffing reductions to meet the District’s expected educational needs for 2014/15. Current Staffing Additions include: x x
4.25 High School Teachers 1.0 Administrative staff Current Staffing Reductions include:
x x x x x
0.5 1.5 0.5 0.5 0.5
Elementary Teachers Middle School Teachers High School Teachers 5k Para-Professional Special Education Teachers
Net Staffing Increase of: 1.75 Employees
27
Kimberly Area School District BOARD OF EDUCATION ANNUAL MEETING MINUTES September 23, 2013 Started: 7:15 PM Present: BOE Members Ammie Ebben Dr. Montgomery Elmer, President Penny Hoh, Treasurer Mary Pribbenow Debbie Roberts, Clerk Chuck Rundquist Brad Siebers, Vice President
District Office Administrators Gary Kvasnica, Director of Business Services Dr. Bob Mayfield, Superintendent Jodi Neuber, Assistant to the Superintendent 17 Guests
The meeting was called to order by Board President, Dr. Montgomery Elmer, followed by the Pledge of Allegiance. Mike Rietveld was nominated to be chairperson for the meeting by Penny Hoh. Motion:
To close nominations and appoint Mike Rietveld as chairperson for the 2013 Annual Meeting. By Debbie Roberts: seconded by Mary Pribbenow. Approved: Voice vote.
Motion:
To accept the recommended guidelines for the 2013 Annual Meeting. By: seconded by Approved: Voice vote.
Motion:
To dispense with the reading of the last Annual Meeting Minutes of Monday, September 24, 2012. By Brad Siebers: seconded by Penny Hoh. Approved: Voice vote.
Board of Education President, Dr. Montgomery Elmer and Superintendent of Schools, Dr. Bob Mayfield, gave their addresses to the assembly. Director of Business Services, Gary Kvasnica, presented the Treasurer’s Report. Motion:
Resolved that the Treasurer’s Report be accepted as read. By Brad Siebers: seconded by Penny Hoh. Approved: Voice vote.
Motion:
That the salaries of school board members remain the same at: President, Clerk and Treasurer receiving $3150 and the remaining members receiving $3050; and authorize reimbursement for expenses incurred. By Chuck Rundquist: seconded by Ammie Ebben. Approved: Voice vote.
Business Manager, Gary Kvasnica, explained the need to set up a School Capital Expansion Fund. Motion:
To vote for a tax to create a fund for the purpose of financing all current and future capital expenditures related to building sites. All money raised through taxation or otherwise collected pursuant to this subsection shall be deposited by the school district treasurer in a segregated fund. Such money shall not be used for any other purpose or be transferred to any other fund except by
authorization by a majority of the electors present at a subsequent annual meeting and only if notice that the issue would be on the agenda was included in the notice of the subsequent annual meeting under s. 120.08(1)(c). By Mary Pribbenow: seconded by Debbie Roberts. Approved: Voice vote. Motion:
Resolved that the tax levy of $16,726,214 presented to the electors be adopted as printed. By Dr. Montgomery Elmer: seconded by Chuck Rundquist. Approved: Voice vote.
Motion:
To authorize the School Board to set the date and time of the 2014 Annual Meeting for the fourth Monday in September (September 22, 2014). By Dr. Montgomery Elmer: seconded by Ammie Ebben. Approved: Voice vote.
Motion:
To adjourn at 7:36 PM on September 23, 2013. By Brad Siebers: seconded by Penny Hoh. Approved: Voice vote.
prepared by, Jodi Neuber
Debbie Roberts
Kimberly Area School District Office of Superintendent
Kimberly Area School District Board of Education Clerk
2014 ANNUAL MEETING Monday September 22, 2014 6:30 PM - Budget Hearing 7:15 PM - Annual Meeting
KIMBERLY AREA SCHOOL DISTRICT ADMINISTRATIVE BUILDING 425 S. Washington Street Combined Locks, WI 54113
INTRODUCTION
The preparation of this annual meeting booklet and the information it contains is a lengthy process involving district staff, the business office and the Board of Education. We have included the information required by state statute, as well as other information that the district feels is important to share with its citizens. We welcome your questions regarding the operation of the school system and its fiscal policies.
Therefore, pursuant to Wisconsin State Statute 120.08, the ANNUAL FINANCIAL REPORT OF THE BOARD OF EDUCATION of the KIMBERLY AREA SCHOOL DISTRICT for the year ending June 30, 2014 is presented in the following pages.
For the KIMBERLY AREA SCHOOL DISTRICT
Robert S. Mayfield, Ed.D. Superintendent of Schools
TABLE OF CONTENTS Page DIRECTORY OF SCHOOL BOARD & ADMINISTRATION . . . . . . . . . . . . . . . . . 1 ORDER OF BUSINESS/AGENDA FOR THE ANNUAL MEETING . . . . . . . . . . . . 2 TREASURER’S REPORT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 BUDGET MESSAGE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8 BUDGET ASSUMPTIONS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 BUDGET HIGHLIGHTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 MULTI-YEAR TAX COMPARISON . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 GENERAL FUND REVENUES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 GENERAL FUND EXPENDITURES . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 REVIEW OF EXPENDITURE INCREASES/DECREASES BY OBJECT. . . . . . . . 20 SPECIAL PROJECTS, DEBT SERVICE & CAPITAL PROJECT FUNDS . . . . . . 23 CAPITAL PROJECTS, FOOD SERVICE & EMPLOYEE BENEFIT TRUST. . . . 24 COMMUNITY SERVICE AND ALL FUNDS COMBINED . . . . . . . . . . . . . . . . . . . 25 TAX LEVY, PROJECTED EQUALIZED VALUATIONS & TAX RATE . . . . . . . . 26 STAFFING . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 MINUTES OF THE SEPTEMBER 23, 2013 ANNUAL MEETING . . . . . . . . . . . . . 28
KIMBERLY AREA SCHOOL DISTRICT SCHOOL BOARD The present School Board is comprised of seven members elected to three-year terms. Members
Term Expires
Dr. Montgomery Elmer, President Brad Siebers, Vice President Deb Roberts, Clerk Penny Hoh, Treasurer Ammie Ebben, Member Mary Pribbenow, Member Chuck Rundquist, Member
April, 2017 April, 2015 April, 2016 April, 2016 April, 2017 April, 2015 April, 2015
Administration Robert Mayfield . . . . . . . . . . . . . . . . . . . . . . . . . . . .Superintendent Holly Prast . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Assistant Superintendent Becky Hansen. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Business Services Dawn Thomas. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Human Resources Tim Fosshage . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Pupil Services Ron Simonis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Curriculum Mike McDermot. . . . . . . . . . . . . . . . . . . . . . . . . . . . Director, Technology Mike Rietveld. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Kimberly H.S. Lori Verhagen . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Assoc. Principal, Kimberly H.S. Steve Verboomen . . . . . . . . . . . . . . . . . . . . . . . . . . Asst. Principal, Kimberly H.S. Jason Nate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asst. Principal, Kimberly H.S. Eric Brinkmann. . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, J.R. Gerritts M.S. Rob DeLain . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Asst. Principal, J.R. Gerritts M.S. Hercules Nikolaou. . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Janssen Elementary Sean Fitzgerald . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Sunrise Elementary John Schultz. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Mapleview Intermediate Dave Lamers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Woodland Intermediate Erin Loritz . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Woodland Elementary Jami Grall . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Principal, Westside Elementary All school districts are legal agencies of the State. The School Board’s authority and responsibilities to operate the school district are defined by the Wisconsin Constitution and Statutes. Regular school board meetings are held on the second and fourth Mondays of the month. The meetings are held in the Venture Room of the Kimberly District Administrative Building, 425 S. Washington Street in Combined Locks, WI at 6:30 P.M. The public is cordially invited to attend.
1
BOARD PROPOSED GUIDELINES FOR THE Monday, September 22, 2014 ANNUAL MEETING 1. Each person is asked to sign the register, indicate their address, check if they are a Kimberly Area School District resident, and indicate if they are under the age of 18. 2. Only school district residents of 18 years or older are eligible to vote on the issues presented. 3. If you wish to address the chairperson, do so by stating your name and address. , 4. The chairperson may limit discussion depending upon the number of people wishing to speak, and in an effort to conduct an effective and orderly meeting. 5. Questions on parliamentary procedure will be referred to the board appointed parliamentarian. 6. Any motions submitted under new business shall be given to the chairperson in writing, signed by the person making the motion. This shall be completed prior to the assembly being asked to take action on the motion. 7. Methods for voting on the issues before the electorate shall be as the chairperson determines, unless otherwise directed by a specific motion on a specific issue. 8. Copies of the minutes are attached and the chairperson will recognize a motion to dispense with the reading of the minutes for the September 23, 2013 Annual Meeting.
2
Class 2 Notice Annual School District Meeting Of The Kimberly Area School District Villages of Combined Locks, Harrison and Kimberly Towns of Harrison and Buchanan and City of Appleton Notice is hereby given to the qualified electors of the Kimberly Area School District that the Annual Meeting of said District will be held on:
Monday, September 22, 2014 Kimberly Area School District - Administrative Offices 425 S Washington St Combined Locks WI 54113 REGULAR MEETING:
6:00 PM
BUDGET HEARING:
6:30 PM
ANNUAL MEETING:
7:15 PM
Agenda: 1. Call to Order 2. Elect Chairman for the Meeting 3. Board Suggested Meeting Guidelines 4. Minutes of the Annual Meeting, Monday, September 23, 2013 5. Board President’s Report 6. Superintendent’s Report 7. Treasurer’s Report 8. Set Salaries of School Board & Authorize Reimbursement for Expenses Incurred 9. Capital Expansion Fund 10. Adopt tax levy 120.10(8)(9) 11. To authorize the sale of northwest portion of Lot 84 of Jeff’s Meadows Subdivision as that portion of Lot 84 is not needed by the District for educational purposes 12. 2015 Annual Meeting Date and Time (September 21, 2015) 13. Old Business 14. New Business 15. Adjournment Debbie Roberts KASD Board Clerk Publish:
September 10 2014 September 17, 2014 3.
Kimberly Area School District
ANNUAL SCHOOL DISTRICT MEETING Monday, September 22, 2014 AGENDA:
I.
6:30 PM Budget Hearing 1. Meeting called to order. President, Dr. Montgomery Elmer 2. Review of budget. Director of Business Services, Becky Hansen Motion: Resolved that the budget hearing be closed. By: ____________________: seconded by: _________________ Vote: ______________.
II.
7:15 PM Annual Meeting 1. Meeting called to order. (Debbie Roberts, Clerk, presiding) Pledge of Allegiance 2. Elect chairman for the meeting 120.10(1). a.
Nominations are from the floor: _____________________________________________________ _____________________________________________________
b.
Motion:
To close nominations and cast a ballot for ________________________________. By: ______________: seconded by: _____________ Vote: _______________.
c.
Motion:
To destroy ballots. By: ______________: seconded by: _______________ Vote: ______________.
3. Submit board approved and recommended guidelines for Annual Meeting approval (page 2 of Annual Meeting Booklet). Motion:
To accept the recommended guidelines for the Annual Meeting. By: ____________________: seconded by: _________________ Vote: ______________. 4.
4. Dispense with reading the minutes of the Annual Meeting, Monday, September 23, 2013 (Attached to the back of this booklet). Motion:
To dispense with the reading of the last annual meeting minutes of Monday, September 23, 2013. By: ____________________: seconded by: _________________ Vote: ______________.
5. Board President’s Report (Dr. Montgomery Elmer). 6. Superintendent’s Report (Dr. Robert Mayfield). 7. Treasurer’s Report (Becky Hansen) 120.16(4). Motion:
Resolved that the Treasurer’s Report be accepted. By: ____________________: seconded by: _________________ Vote: ______________.
8. Set salaries of school board members and authorize reimbursement for expenses incurred 120.10(3). Motion:
Resolved that salaries of school board members be set at: President ___________; Clerk __________; Treasurer ________; Members ________; and authorize reimbursement for expenses incurred. By: ____________________: seconded by: _________________ Vote: ______________.
Present Salaries
9.
President Treasurer -
$3150 $3150
Clerk Members -
$3150 $3050
School Capital Expansion Fund Motion:
To vote for a tax to create a fund for the purpose of financing all current and future capital expenditures related to buildings and sites. All money raised through taxation or otherwise collected pursuant to this subsection shall be deposited by the school district treasurer in a segregated fund. Such money shall not be used for any other purpose or be transferred to any other fund except by authorization by a majority of the electors present at a subsequent annual meeting and only if notice that the issue would be on the agenda was included in the notice of the subsequent annual meeting under s.120.08(1)(c). By: ____________________: seconded by: _________________ Vote: ______________.
5.
10.
Adopt tax levy 120.10(8)(9). Board President, Dr. Montgomery Elmer, will present the budget to the electors. Motion:
11.
To authorize the sale of northwest portion of Lot 84 of Jeff’s Meadows Subdivision as that portion of Lot 84 is not needed by the District for educational purposes. Motion:
12.
Resolved that the tax levy of $___________ presented to the electors be adopted as printed. By: ____________________: seconded by: _________________ Vote: ______________.
To authorize the sale of northwest portion of Lot 84 of Jeff’s Meadows Subdivision as that portion of Lot 84 is not needed by the District for educational purposes. By: ____________________: seconded by: _________________ Vote: ______________.
Annual Meeting Date and Time 120.08(1)(a) – (September 21, 2015). Motion:
To authorize the School Board to set the date and time of the 2015 Annual Meeting of September 21, 2015. By: ____________________: seconded by: _________________ Vote: ______________.
13.
Old Business
14.
New Business
15.
Adjournment 120.10(2). Motion:
Resolved that this meeting adjourn as of ______ PM, September 22, 2014. By: ____________________: seconded by: _________________ Vote: ______________.
6.
KIMBERLY AREA SCHOOL DISTRICT TREASURER'S REPORT FOR THE YEAR ENDED JUNE 30, 2014 Fund Balance - All Funds July 1, 2013
$19,991,053
Add: Revenues Less: Expenditures
$60,459,536 $58,393,694
Fund Balance - All Funds June 30, 2014
$22,056,895
Fund Balances consist of: June 30. 2013
Increase (Decrease)
J une 30. 2014
1
Cash General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Technology Grant & Special Ed (Fund 23/27) Debt Service Funds (Fund 38/39) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Student Activities (Fund 60) Private Benefit Trust (Fund 71, 72) Employee Benefit Trust (Fund 73) Community Service (Fund 80) Total Cash
$7,848,705 $304,098 $362,245 $0 $128,071 $1,644 $183,451 $38,005 $8,050,006 $53,106 $16,969,331
$8,687,596 $284,423 $352,556 $0 $123,752 ($163,181) $179,432 $34,268 $9,602,609 $75,906 $19,177,362
$838,891 -$19,675 -$9,689 $0 -$4,319 -$164,824 -$4,019 -$3,737 $1,552,602 $22,800 $2,208,031
Investm ents General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Debt Service Funds (Fund 38/39) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Community Service (Fund 80) Total Investm ents
$0 $0 $525,800 $1,287,474 $138,964 $434 $1,952,672
$0 $0 $485,787 $1,718,637 $358,820 $0 $2,563,244
$0 $0 -$40,013 $431,163 $219,856 -$434 $610,572
Taxes/Other Receivables/Prepaid Expenses General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Technology Grant & Special Ed (Fund 23/27) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Community Service (Fund 80) Total Receivables
$4,450,687 $0 $0 $178,337 $77,988 $3,640 $4,710,651
$4,288,892 $3,443 $0 $110,964 $76,754 $435 $4,480,488
-$161,795 $3,443 $0 -$67,373 -$1,234 -$3,205 -$230,163
Due From Other Funds/Districts/State/Fed Govt. General Fund (Fund 10) Technology Grant & Special Ed (Fund 23/27) Food Service (Fund 50) Total Due
$1,487,923 $376,966 $5,839 $1,870,729
$1,136,053 $157,729 $0 $1,293,782
-$351,870 -$219,238 -$5,839 -$576,947
$0
$0
$0
Liabilities (Money Owed) General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Technology Grant & Special Ed (Fund 23/27) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Student Activities (Fund 60) Employee Benefit Trust (Fund 73) Community Service (Fund 80) Total Liabilities
$4,443,890 $0 $637,572 $178,337 $66,420 $183,451 $0 $2,662 $5,512,331
$4,695,779 $724 $409,521 $113,335 $58,141 $179,432 $0 $1,048 $5,457,982
$251,889 $724 -$228,051 -$65,001 -$8,279 -$4,019 $0 -$1,613 -$54,350
Fund Balances General Fund (Fund 10) Special Revenue Trust Fund (Fund 21) Technology Grant & Special Ed (Fund 23/27) Debt Service Fund (Fund 38/39) Capital Projects (Fund 41/45/49) Food Service (Fund 50) Student Activities (Fund 60) Private Benefit Trust (Fund 71,72)
$9,343,426 $304,098 $101,639 $525,800 $1,415,545 $158,015 $0 $38,005
$9,416,762 $287,142 $100,763 $485,787 $1,840,018 $214,253 $0 $34,268
$73,336 -$19,675 -$876 -$40,013 $424,472 $56,238 $0 -$3,737
$8,050,006 $54,518
$9,602,609 $75,293
$19,991,053
$22,056,895
2
Other Current Assets Capital Projects (Fund 41/45/49)
Employee Benefit Trust (Fund 73) Community Service (Fund 80) Total of All Fund Balances
1 Includes checking accounts, money on hand and deposits with fiscal agents. 2 Money invested to earn income. 3 See Budget Message for an explanation.
7
3
$1,552,602 $20,775
$2,063,122
KIMBERLY AREA SCHOOL DISTRICT BUDGET MESSAGE THE YEAR IN REVIEW – 2013/14 x
Above Average Student Achievement at Below Average Cost - As evidenced by our standardized test scores, the District continues to be one of the highest achieving Districts in the Fox Valley, as well as the State. Kimberly High School was also recognized by the Washington Post as one of America’s most challenging high schools for the 4thrd consecutive year. We were ranked as one of the top 20 high schools in the State and the only school in the Fox Valley recognized by the Post.
x
Slight increase in Revenue Limit - The District received a $75.00 per student increase under State Revenue Limit Controls. The per student revenue limit of $9,340.92 was just slightly higher than our 2008-09 limit. The District will also be receiving an additional onetime $25.00 per student increase in State Aid. Combined, these two increases represent approximately a 1% increase in allowable revenue per student.
x
Less Federal Aid – During the height of the recession in 2008/09, the District received $4,205,005 in Federal Aid. The District received approximately $1,692,000 in Federal aid in 2013/14. We no longer receive Stimulus Funding. Our Charter Grant ended. Our Special Education and Title Budgets have been reduced due to sequestration spending cuts.
x
Slighter High Taxes but Decreased Tax Rate - The Tax Levy increased by $65,572 or .39%. However, property values increased 2.17% resulting in a decreased tax rate(amount of taxes a home owner pays for each $1000 of property value) of -$0.18 or -1.71%.
x
Health Insurance Change - As part of a continual effort to control cost increases, the District is moving to a Wellness Based Health Insurance Plan. Starting in 2013/14, to maximize the employee premium discount, both the employee and their spouse could participate in the District’s participation based Personal Health Assessment.
x
Facility Improvements – Two major improvements at the High School were started near the end of 2013/14 that will be completed in 2014/15. A building addition was started to meet the needs of our increasing special needs student population. Also, an improvement to the high school entrance was started that will hopefully ease traffic congestion. Another major facility improvement in 2013/14 was the replacement of air handling units in two sections of Westside Elementary. These units needed to be upgraded for the District to be able to operate our HVAC system efficiently. The High School LMC (Library) has been remodeled to keep pace with emerging digital technologies. In addition, a variety of paving, exterior door and flooring improvements have been made throughout the District.
x
Technology Improvements – The District is continuing to improve its infrastructure to provide mobility and access to information for students anywhere within the District. Last summer all buildings were connected to each other with high speed fiber cable to increase bandwidth (capacity). Internet access is now a major component of daily instruction. A secondary internet feed and load balancing software was installed to ensure there will always 8
be access. In addition, a high capacity generator was added to ensure we have power. Outdated computers were replaced at Woodland, Mapleview and JRG. Lastly, a large quantity of mobile computing devices were purchased for students as part of our instructional technology initiative at the middle grade levels. x
Enrollment higher than projected - For the first time in many years, the District was projecting an enrollment decline in 2013/14. This did not occur. We actually had a small increase of 32 students who reside within the District. In addition we had an increase in students from other districts who attend Kimberly under Open Enrollment. We had a net gain of 53 students under the Open Enrollment Program.
WHAT’S NEW IN 2014/15 x
Slight increase in Revenue Limit - The District will be receiving a $75.00 per student increase under State Revenue Limit Controls. The District will also be receiving an additional one-time $75.00 per student increase in State Aid. Combined, these two increases represent approximately a 1.5% increase in allowable revenue per student.
x
Lower Taxes - The Tax Levy is estimated to decrease by approximately -$133,387 or -.79%.
x
Health Insurance - As part of a continual effort to control cost increases, the District will be looking at a variety of options in 2014-15 including an on-site clinic and self-insurance.
x
Facility Improvements – The High School addition and road entrance were completed this summer. In addition, more visiting bleachers were added to Papermaker Stadium. The air handling unit project at Westside continued with the replacement of air handling unit in Pod 3. In addition, a variety of paving, electrical and flooring improvements have been made throughout the District. Many school districts have to go to referendum to ask the taxpayer for additional funding for major facility improvements. Kimberly’s projects are all being funded within our regular operating budgets.
x
Technology Improvements – The District Technology Budget continues to provide the hardware, infrastructure and software needed to support the instructional goals of the District. Included in the budget are various wireless and networking upgrades. Funding continues to be side aside for mobile student computing devices. Outdated computers were also replaced at Westside and Sunrise. Lastly the District will be moving to a new student information system. The goal of this major initiative is to provide tools to streamline student administration, enable stakeholder collaboration and personalize learning.
x
Enrollment Projected to be flat - The Budget is based on no increase of students who reside within the District or students from other districts who attend Kimberly under Open Enrollment. The Budget will be revised in October when we know actual numbers.
9
THE FUTURE x
State Funding – The State of Wisconsin’s financial position improved considerably with recent dramatic reductions in state spending. A great deal of those reductions involved public schools. To help address these reductions, the State provided tools for Districts to reduce spending. Those tools allowed us to balance our recent Budgets. The challenge is that most of these tools were one-time measures. It is likely that restrictive revenue controls and reductions in state aid will continue well into the future. With fewer options to reduce spending, the District will need to remain diligent to provide a quality education while protecting our strong financial position.
x
Labor Relations – With the enactment of Wisconsin Act 10 that restricts collective bargaining rights, we will need to continue to develop alternative compensation and benefit systems that will allow the District to attract and retain employees while maintaining costs.
x
Enrollment - The District receives significantly less revenue per student than the State average. This had been offset, in the past, by the District’s rapid enrollment growth. Our enrollment is no longer growing at a rapid rate. We have been able to offset some of this reduction through students from other District’s attending Kimberly under the Open Enrollment Program. If these trends continue and our revenue continues to decline, we will need to adjust our spending so we can maintain our strong financial position.
x
Health Insurance – Under revenue controls, if health insurance costs continue to increase, it will become exceedingly difficult to provide our employees with pay increases while providing the same level of benefits. It is anticipated that new National Health Care legislation will further increase costs, at least in the near future. The District, our employees, health care providers, insurance carriers, state and federal governments must continue to work together if we are to solve this crisis.
x
District Financial Position – As a result of past practices, the District is in good financial condition. With continued revenue limitations and increasing costs, the District will have to make difficult choices in the future.
10
KIMBERLY AREA SCHOOL DISTRICT BUDGET ASSUMPTIONS This budget is our best estimate of the resource distribution required to achieve the goals and objectives of the school district. There are variables that may impact the budget, which will not be finalized until the October 27, 2014 Board Meeting. These include: x
Revenue Limit Enrollment Adjustment - Under the current Revenue Limit Formula, the District receives additional funding for enrollment increases and less for enrollment declines. This Budget assumes no additional students for the 2014/15 school year. If actual enrollment is greater than anticipated, the Revenue Limit (formula based on student enrollment that determines how much State Aid and Tax Revenue the District can receive) may increase, leading to an increase in the Tax Levy. If actual enrollment is less than anticipated, the Revenue Limit and Tax Levy will decrease. Actual enrollment figures were not available at the time of this printing.
x
Equalization Aid - The State of Wisconsin provides a significant amount of aid to school districts. Aid was significantly reduced over the past several years. The District is anticipating an increase in aid. If Equalization Aid is less than projected, the Tax Levy will go up by that difference. Information needed to determine the exact amount of this aid is not available until October.
x
Property Valuation - The estimated tax rate assumes that the value of all property in the District will remain flat. If property values increase, the tax rate (taxes paid per $1000 of property value) will decrease. Actual property valuation will not be available until October.
x
Computer Valuation - Business computers are exempt from property tax. The District now receives aid to make up for this lost Tax Revenue. Actual computer valuation will not be available until October. If the actual value is more or less than anticipated, the Tax Levy will decrease or increase accordingly.
x
Educational Advancement and Insurance Benefits – Teaching staff receive additional compensation for additional educational attainment. The actual number of teachers who will be receiving this compensation is not known at the time of this printing. In addition, not all new employees have selected between single or family health and dental insurance plans. The current budget is based on past history.
x
Tuition Revenue and Expenses - Budgeted tuition revenues and expenses are based on students who applied to attend other school districts under the “Open Enrollment” process. However, many students who apply do not actually attend. Actual enrollment figures for tuition students are not available at the time of this printing.
x
Grants – The exact amount of Federal Grant Funding was not known at the time of this printing. If funding revenue form grants goes up, grant expenditures will also go up by that amount.
11
KIMBERLY AREA SCHOOL DISTRICT 2014-15 BUDGET HIGHLIGHTS
TAX LEVY GENERAL FUND DEBT SERVICE CAPITAL IMPROVEMENTS COMMUNITY SERVICE TOTAL
Actual Budget DOLLAR PERCENT 2013-14 2014-15* CHANGE CHANGE $12,218,366 $12,079,050 -$139,316 -1.14% $4,036,789 $4,042,718 $5,929 0.15% $500,000 $500,000 $0 0.00% $46,823 $46,823 $0 0.00% $16,801,978 $16,668,591 -$133,387 -0.79%
TAX LEVY COMMUNITY SERVICE
$18,000,000 $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 $6,000,000 $4,000,000 $2,000,000 $0
CAPITAL IMPROVEMENTS DEBT SERVICE
GENERAL FUND
2013-14
2014-15*
TAX RATE PER $1,000 OF EQUALIZED ASSESSED VALUATION
GENERAL FUND DEBT SERVICE CAPITAL IMPROVEMENTS COMMUNITY SERVICE TOTAL
Actual 2013-14 $7.52 $2.48 $0.31 $0.03 $10.34
Budget 2014-15* $7.43 $2.49 $0.31 $0.03 $10.26
DOLLAR PERCENT CHANGE CHANGE -$0.09 -1.20% $0.01 0.40% $0.00 0.00% $0.00 0.00% -$0.08 -0.77%
TAX RATE PER $1,000 $12.00
$10.00 $8.00
$4.00
CAPITAL IMPROVEMENTS
$2.00
DEBT SERVICE
$0.00
GENERAL FUND
2014-15*
COMMUNITY SERVICE
2013-14
$6.00
* Estimated - Property valuation and corresponding tax rate are estimated. Actuals can not be determined until property valuation is certified by the Department of Revenue in October of 2015.
12
KIMBERLY AREA SCHOOL DISTRICT MULTI-YEAR TAX COMPARISON
School Year 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 2010-11 2011-12 2012-13 2013-14 2014-15
Equalized Property Value $490,116,241 $583,950,284 $629,721,610 $693,339,678 $731,842,131 $773,841,708 $876,977,203 $1,009,046,999 $1,113,380,150 $1,226,125,831 $1,333,695,416 $1,430,424,762 $1,521,372,303 $1,560,717,698 $1,619,178,766 $1,669,751,426 $1,669,505,452 $1,680,933,957 $1,590,922,939 $1,625,404,920 $1,625,404,920
Property % Increase 11.09% 19.15% 7.84% 10.10% 5.55% 5.74% 13.33% 15.06% 10.34% 10.13% 8.77% 7.25% 6.36% 2.59% 3.75% 3.12% -0.01% 0.68% -5.35% 2.17% 0.00%
Tax Levy $7,793,697 $8,480,260 $7,061,137 $7,198,942 $7,400,815 $9,072,870 $9,566,529 $10,348,004 $11,256,389 $11,843,312 $12,750,221 $12,991,404 $14,593,571 $14,438,250 $14,467,972 $15,680,894 $16,672,024 $17,210,067 $16,736,406 $16,801,978 $16,668,591
Tax Rate Per $1,000 $15.90 $14.52 $11.21 $10.38 $10.11 $11.72 $10.91 $10.26 $10.11 $9.66 $9.56 $9.08 $9.59 $9.25 $8.94 $9.39 $9.99 $10.24 $10.52 $10.34 $10.26
TAX RATE PER $1,000 OF EQUALIZED PROPERTY VALUE 15.90
$16
14.52
$14 $12
Rate
$10
11.72 11.21 10.24 10.91 10.34 10.26 10.38 9.99 10.52 10.11 10.26 10.11 9.669.56 9.59 9.39 9.08 9.258.94
$8 $6 $4
$2 $0 2014-15 2013-14 2012-13 2011-12 2010-11 2009-10 2008-09 2007-08 2006-07 2005-06 2004-05 2003-04 2002-03 2001-02 2000-01 1999-00 1998-99 1997-98 1996-97 1995-96 1994-95 School Year
* Estimated - Property valuation and the corresponding tax rate are estimated. Actuals can not be determined until property valuation is certified by the Department of Revenue in October of 2014. 13
Tax Rate % Increase -10.37% -8.68% -22.80% -7.40% -2.60% 15.92% -6.91% -5.96% -1.46% -4.45% -1.04% -5.02% 5.62% -3.55% -3.35% 5.03% 6.39% 2.50% 2.73% -1.71% -0.77%
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 The following pages present data on Expenditures, Revenues and Fund Balances for 2012-13, 2013-14 and the budget for 2014-15 in a format recommended by the Department of Public Instruction for the adoption of school district budgets. Definitions and Graphics have been added to facilitate understanding. DEFINITION OF FUND:
A fund is an independent accounting entity consisting of a self-balancing set of accounts established for the purpose of carrying on specific activities or attaining certain objectives in accordance with laws, regulations, restrictions or limitations. On the following pages you will find a description of every fund used by the District along with financial data on that fund.
GENERAL FUND The General Fund is the largest fund in the District and is used to account for the day-to-day financial operations of the District. All monies are accounted for here except those which are required to be accounted for in a separate fund (i.e. Federal Projects, Long-term Debt). Audited 2012-13
REVENUES 930000 932000 935000 936000 937000 938000
Beginning Fund Balance Ending Fund Balance - Designated Ending Fund Balance - Nonspendable Ending Fund Balance - Restricted Ending Fund Balance - Committed Ending Fund Balance - Assigned 1 939000 Ending Fund Balance-Unassigned 930000 TOTAL ENDING FUND BALANCE TOTAL REVENUES & OTHER FINANCING 100 Operating Transfers-In Local Sources 210 Taxes 230 Interfund Payments 240 Payment for Services 2 260 Non-Capital Sales 3
270 School Activities Income 280 Interest on Investments 290 Other Local Revenue 4 Other School Districts within Wisconsin 310 Interdistrict Transit of State Aid 5 340 Payment for Services 380 Medical Service Reimbursements 390 Other Interdistrict within Wisconsin Other School Districts Outside of Wisconsin 440 Payment for Services 490 Other Interdistrict Outside Wisconsin Intermediate Sources 510 Intermediate Transit of State Aid 6 520 Payment in Lieu of Taxes 540 Payment for Services 580 Medical Services Reimbursement 590 Other Intermediate Sources
Unaudited 2013-14
8,218,637
2014-15 Budget
Dollar Change
Percent Change
0 51,482 0 311,530
9,343,426 31,603 0 0 0 761,967
9,416,763 31,603 0 0 0 761,967
73,337 0 0 0 0 0
0.78% 0.00% 0.00% 0.00% 0.00% 0.00%
8,980,414 9,343,426
8,623,193 9,416,763
8,623,193 9,416,763
0 0
0.00% 0.00%
0
0
0
0
0.00%
12,101,524 0 0
12,218,366 0 0
12,079,050 0 0
-139,316 0 0
-1.14% 0.00% 0.00%
1,559
720
1,000
280
38.89%
31,725 12,059 282,276
44,974 14,295 265,775
32,000 12,000 310,345
-12,974 -2,295 44,570
-28.85% -16.05% 16.77%
0 2,299,961
0 2,798,361
0 2,967,845
0 169,484
0.00% 6.06%
11,178
0
0
0
0.00%
0 0
0 0
0 0
0 0
0.00% 0.00%
18,259 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0 0 0 0 0
0.00% 0.00% 0.00% 0.00% 0.00%
*See next page for Revenue Definitions
14
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15(Continued) Audited 2012-13
REVENUES (Continued) State Sources 610 State Aid - Categorical 7 620 State Aid - General 8 630 Special State Project Grants 9 640 Payments for Services 650 State Youth Initiative Program 10 660 State Revenue thru Local Sources 690 Other Revenue, State 11 Federal Sources 710 Transit of Aids 720 Impact Aid 730 Special Project Grants 12 740 Payments for Services 750 Title 1 & 2 13 760 Job Training Partnership Act Grant 770 Federal Revenue Thru Local Gov. 14 780 Federal Revenue Thru State 790 Other Revenue, Federal Other Financing Sources 850 Reorganization Settlement 15 860 Compensation, Fixed Assets 870 Long-Term Obligations 890 Miscellaneous Other Financing Revenues 960 Adjustments 17 970 Refund of Disbursement 980 Medical Service Reimbursement 990 Miscellaneous TOTAL REVENUES & OTHER FINANCING
Unaudited 2013-14
2014-15 Budget
Dollar Change
Percent Change
429,649 27,242,259 0 0 0
545,140 27,878,226 29,200 0 0
869,080 28,600,000 0 0 0
3,392 210,005
3,371 217,121
3,300 161,526
-71 -55,595
-2.11% -25.61%
0 0 249,040 0 149,782 0 0
0 0 65,904 0 154,291 0 0
0 0 82,300 0 157,553 0 0
0 0 16,396 0 3,262 0 0
0.00% 0.00% 24.88% 0.00% 2.11% 0.00% 0.00%
2,000 0
93,658 0
0 0
0
0
0
10,945
106,318
0
0 0
0 0
0 0
4,511
1,101
0
66,720 0 55,906 43,182,750
243,210 0 56,882 44,736,913
50,000 0 45,000 45,370,999
323,940 59.42% 721,774 2.59% -29,200 -100.00% 0 0.00% 0 0.00%
-93,658 -100.00% 0 0.00% 0 0 0
-193,210 0 -11,882 634,086
*Selected Revenue Definitions 2 Revenue from the sale of items not considered to be capital e uipment. 3 Revenue received from school sponsored activities such as admission to athletic events. 4 Revenue from miscellaneous resources such as student fees & fines. isconsin School Districts for their students attending our schools under Open Enrollment Law.
6 State Aid received via an Intermediate Education Agency (CESA). 7 State Transportation, and Library Aid (based on of students). 8 State E uali ation Aid (based on property tax wealth within the district). 9 Money received from State to support speciali ed education programs. 10 Money received from State for D R property in District. 11 Business computers became exempt from property tax in 99-00. The District now receives aid to make up for lost tax revenue. 12 Federal grants received thru the Dept. of Public Instruction for improvement of instruction and Charter Schools. 13 Federal Aid received thru the Dept. of Public Instruction for specific programs. 14 Federal Aid received thru the State other than DPI including Medicaid/School Based Services. 15 Compensation for the sales of assets. 17 Refund of prior year expenditure including E-Rate Refund and
orkers Compensation Dividend.
15
0.00% 0.00%
-1,101 -100.00%
1 Portion of fund balance to be used for cash flow needs and emergencies.
5 Tuition received from other
0.00%
-106,318 -100.00%
-79.44% 0.00% -20.89% 1.42%
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2013-14 (Continued)
2013-14
GENERAL FUND REVENUES BY PERCENTAGE Federal 0.70% Local & Other 35.21%
State 64.09%
2014-15 BUDGETED GENERAL FUND REVENUES BY PERCENTAGE Federal 0.53%
Local & Other 34.16%
State 65.31%
16
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 GENERAL FUND EXPENDITURES BY FUNCTION DEFINITION OF FUNCTION:
Grouping of expenditures by department or purpose. Audited 2012-13
Expenditures by Function 1
Undifferentiated Curriculum Regular Curriculum 2 Vocational Curriculum Physical Curriculum 3 150000 Special Curriculum 160000 Co-Curricular Activities 4 170000 Special Needs 5 210000 Pupil Services 110000 120000 130000 140000
220000 Instructional Staff Services 230000 General Administration 7
6
240000 School Building Administration 250000 Business Administration 9
8
10
260000 Central Services 270000 Insurance & Judgments 12 280000 Debt Services 290000 Other Support Services
11
13
410000 Interfund Operating Transfers 15
430000 Tuition Payments 490000 Other Non-Program TOTAL EXPENDITURES
16
14
Unaudited 2013-14
Budget 2014-15
Dollar Change
Percent Change
9,464,052 8,695,949 1,628,860 1,245,158
9,807,135 9,889,257 1,673,449 1,261,773
10,597,681 9,958,239 1,662,563 1,315,923
790,546 68,982 -10,886 54,150
8.06% 0.70% -0.65% 4.29%
0 715,638
0 758,486
0 818,500
0 60,014
0.00% 7.91%
553,244
597,814
594,193
-3,621
-0.61%
1,228,910
1,286,203
1,322,118
35,915
2.79%
1,634,889
1,796,632
1,841,717
45,085
2.51%
480,400
491,286
500,056
8,770
1.79%
2,288,208
2,529,417
2,619,577
90,160
3.56%
5,866,353
7,081,201
6,104,743
-976,458
-13.79%
1,956,260
1,680,253
2,105,202
424,949
25.29%
287,500
278,927
304,480
25,553
9.16%
25,076
138,970
0
-138,970
-100.00%
1,348,301
207,425
154,631
-52,794
-25.45%
3,650,807
3,958,987
4,230,969
271,982
6.87%
982,939
1,223,812
1,235,407
11,595
0.95%
5,417 42,057,961
2,549 44,663,576
5,000 45,370,999
2,451 707,423
96.16% 1.58%
1 Teacher instructs over several subject areas (i.e., 1st Grade). 2 Teacher instructs in one area (i.e., math or science). 3 Activities of special needs students now accounted for in a separate Fund (27) - see 14. 4 Activities of special needs students not categori ed under Special Curriculum . 5 Activities such as Guidance and ursing. 6 Activities such as Curriculum Development and Library Services. 7 Activities related to the Board & Superintendent. 8 Activities of School Principal Offices. 9 Activities associated with Accounting, Custodial Services, tilities, Maintenance & Transportation. 10 Activities such as phones, postage and printing. 11 Property and Casualty Insurance. 12 Installment Purchase (Capital Lease) & Cash Flow Borrowing interest expenses. 13 Retirement benefits transferred to the Post Retirement Benefit Trust. 14 Transfer of funds from General Fund to the Special Education Fund (27). 15 Tuition Payments including those for Open Enrollment. 16 Miscellaneous adjustments including payment back to Municipalities for uncollected taxes from previous year.
17
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 GENERAL FUND EXPENDITURES BY OBJECT DEFINITION OF OBJECT:
Grouping of expenditures by expense category.
Audited 2012-13
Expenditures by Object 100 200 300
Salaries Benefits Purchased Services 1 2
400
Non-Capital Objects
500
Capital Objects
600 700
Debt Retirement 4 Insurance & Judgments
800
Interfund Transfers
900
Miscellaneous
3
5
TOTAL EXPENDITURES
Unaudited 2013-14
Budget 2014-15
Dollar Change
Percent Change
20,620,770 8,397,771
21,284,923 8,240,590
21,935,268 8,995,190
650,345 754,600
3.06% 9.16%
6,233,077
7,533,370
6,831,289
-702,081
-9.32%
1,562,633
1,725,111
1,897,235
172,124
9.98%
1,092,691
1,228,456
960,068
-268,388
-21.85%
25,076 280,002
138,971 275,734
0 296,000
-138,971 20,266
-100.00% 7.35%
3,650,807
3,958,987
4,230,969
271,982
6.87%
195,134
277,434
224,980
-52,454
-18.91%
42,057,961
44,663,576
45,370,999
707,423
1.58%
Selected Object Definitions 1 Purchased Services
Payments for services rendered by personnel who are not on the district payroll.
2
Supplies, materials and e uipment with a value of less than $1,000 per unit.
on-Capital Objects
3 Capital Objects
Computers with a value over $500 per unit plus all other e uipment, buildings and sites
4 Debt Retirement
Principal and interest payments for our cash flow borrowing (not long-term debt).
5 Interfund Transfers
Transfer of Funds from General Fund to the Special Education Fund (27).
with a value over $1,000 per unit.
2014-15 PERCENTAGE OF EXPENDITURES BY OBJECT Purchased Services 14.72%
Capital Objects 1.20%
Benefits 19.83%
Insurance & Judgments 0.65%
Non-Capital Objects 4.45% Debt Retirement 0.02% Other 10.47%
Interfund Transfers 9.25%
b Miscellaneous 0.50%
Salaries 48.35%
18
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 GENERAL FUND EXPENDITURES BY FUNCTION (Continued) BUDGET COMPARISON BY FUNCTION
Tuition Payments 15
Interfund Operating Transfers 14
Other Support Services 13
Debt Services 12
Insurance & Judgments 11
Central Services 10
Business Administration 9
FUNCTION
School Building Administration 8
General Administration 7
Instructional Staff Services 6
Pupil Services 5
Special Needs 4
Co-Curricular Activities
Special Curriculum 3
Physical Curriculum
Vocational Curriculum
Regular Curriculum 2
Undifferentiated Curriculum 1
2014-15
2013-14
$0
$2,000,000
$4,000,000
19
$6,000,000
$8,000,000
$10,000,000
$12,000,000
KIMBERLY AREA SCHOOL DISTRICT EXAMPLES OF MAJOR GENERAL FUND EXPENDITURE INCREASES/DECREASES BY OBJECT SALARIES 2014/15 2013/14
$21,935,268 21,284,923
Increase
$
650,345
Salaries are anticipated to increase by approximately 3.06%. This includes salaries for new staff, a cost-ofliving increase for current employees and additional teacher compensation for experience and educational attainment. Salary and benefits for Special Education staff are accounted for in the Special Education Fund.
BENEFITS 2014/15 2013/14
$ 8,995,190 8,240,590
Increase
$ 754,600
Benefits are anticipated to increase by approximately 9.16%. The increase in benefits is primarily related to increased Health Insurance premiums.
PURCHASED SERVICES 2014/15 2013/14
$ 6,831,289 7,533,370
Decrease
(- $702,081)
Purchased Services include payments to third parties for services they provide. Significant Purchased Services include Open Enrollment tuition costs - $1,180,000, Utilities - $1,363,000, Busing - $1,184,432, Operational Services (primarily cost of contracted Cleaning Service) - $709,250, Maintenance Services $720,500 and Contracted Personal (i.e. consultants, attorneys) Services - $910,797. Several major renovations were paid for out of the 2013/14 Budget that are not included in the 2014/15 Budget. This will result in a reduction in Purchased Services in 2014/15. The majority of the cost for the high school addition and entrance improvement were paid for in 2013/14. Several paving projects and the replacement of an air handling unit at Westside were paid for out of the operating budget instead of our Capital Improvement Fund (41) in 2013/14. Lastly, one time storm damage costs including the replacement of the Kornerstone roof were paid for in 2013/14.
20
KIMBERLY AREA SCHOOL DISTRICT EXAMPLES OF MAJOR EXPENDITURE INCREASES/DECREASES BY OBJECT- CONTINUED NON-CAPITAL OBJECTS 2014/15 2013/14
$ 1,897,235 1,725,111
Increase
$ 172,124
Non-Capital Object expenses include supplies, non-capital equipment (not considered a fixed asset) books, materials and computer software. To encourage better spending, unused supply budgets are allowed to be carried over into the next year. Included in the 2014/15 Budget are approximately $826,609 for general supplies, $346,005 for computer software & components, $210,695 for media, $204,230 for textbooks, $84,746 for non-capital equipment and $75,000 for paper. The increase in the 2014/15 Budget is primarily related to the cost of purchasing the District’s new Student Information System.
CAPITAL OBJECTS 2014/15 2013/14
$ 960,068 1,228,456
Decrease
(- $268,388)
Capital Objects include buildings, sites and equipment with a value over $1,000 per unit and computers with a value over $500 per unit. The District made several significant technology equipment purchases in 2013/14 that will not be made in 2014/15. These purchases included equipment for our High School Technology Education Program, replacement of athletic equipment damaged in a storm and various computer replacements and upgrades. Significant 2014/15 purchases include $400,000 for chromebooks as part of our mobile student computing initiative, 163,875 for computer replacements as part of our 5-year rotation program, $90,000 for computer network and back-up system replacements, $76,500 for copier/printer replacements, $26,000 for security equipment and $25,000 for additional computer data storage.
OPERATIONAL DEBT 2014/15 2013/14
$ 0 138,971
Decrease
(-$138,971)
Included in Operational Debt are installment purchase (Capital Lease) payments and short-term borrowing costs to meet cash flow needs. We do not anticipate and Operational Debt payments in 2014/15. The District paid off its Capital Lease for our Football Stadium Turf Project in 13/14. The District has not had to shortterm borrow the past few years. 21
KIMBERLY AREA SCHOOL DISTRICT EXAMPLES OF MAJOR EXPENDITURE INCREASES/DECREASES BY OBJECT- CONTINUED
INSURANCES 2014/15 2013/14
$296,000 275,734
Increase
$ 20,266
Included in insurances are costs associated with Liability, Property, Workers Compensation and Unemployment Insurance. The 14/15 Budget reflects premium increases.
INTERFUND TRANSFERS 2014/15 2013/14
$4,230,969 3,958,987
Increase
$ 271,982
All Special Education costs are accounted for in a separate Fund - 27. Special Education costs not covered by state aid or federal grants must be transferred from the General Fund to Fund 27. This transfer is accounted for here. The increase in the amount of money that has to be transferred to the Special Education Fund in 2014/15 is related to a slight decrease in special education revenue used to offset expenses and an increase in expenses. Salary and benefit expenditures for Special Education Staff are budgeted to increase by $260,755.
OTHER 2014/15 2013/14
$224,980 277,434
Decrease
(-$52,454)
“Other” expenditures are generally associated with dues and fees for such things as memberships to professional organizations, registration fees, reimbursement for graduate school credits, co-curricular participation, license fees including software licenses, bank service charges and various other fees. The 2014/15 decrease is primarily related to Curriculum and Instruction related dues and fees. A $30,000 grant was received in 2013/14 to help pay for a particular training that will not be done in 2014/15. Other Curriculum and Instruction fees were also reduced.
22
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 SPECIAL PROJECTS FUNDS (FUND 21, 23 & 27) Special Project Funds are used to account for activities funded by specific sources for specific purposes. These include Fund 21 (gifts and donations for specific purposes such as playground equipment), Fund 23 (State Technology Grant that has been suspended) and Fund 27 (activities related to Special Education).
900000 Beginning Fund Balance 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 100000 Instruction 200000 Support Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
Audited 2012-13 393,252 405,738 7,391,856 5,758,580 1,405,681 215,109 7,379,370
Unaudited 2013-14 405,738 391,754 7,642,069 6,068,097 1,411,171 176,785 7,656,053
Budget 2014-15 391,754 348,886 7,659,843 6,144,913 1,380,798 177,000 7,702,711
Dollar Change -13,984 -42,868 17,774 76,816 -30,373 215 46,658
Percent Change -3.45% -10.94% 0.23% 1.27% -2.15% 0.12% 0.61%
DEBT SERVICE FUNDS (FUND 38 & 39) The Debt Service Fund is used to track revenues (primarily tax levy) and expenditures (principal & interest payments) associated with the retirement of long-term debt. "Long-term Capital Debt" (281000) is related to Sunrise, the High School, Mapleview and Woodland Building Referendum projects. The increases in revenue and expenses for 2012/13 was related to the District's decision to refinance (282000) portions of existing referendum debt during that year. As a result of this refinancing and another refinancing in 2011/12, future tax levies will be reduced by approximately $3,451,818. Audited 2012-13 900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 281000 Long-Term Capital Debt 282000 Refinancing 283000 Long-Term Operational Debt
Unaudited 2013-14
Budget 2014-15
Dollar Change
Percent Change
709,684 0 525,800 18,467,920 4,277,350 14,374,454 0
525,800 0 485,786 4,038,629 4,078,643 0 0
485,786 0 420,569 4,042,718 4,107,935 0 0
-40,014 0 -65,217 4,089 29,292 0 0
-7.61% 0.00% -13.43% 0.10% 0.72% 0.00% 0.00%
289000 Other Long-Term Debt
0
0
0
0
0.00%
410000 Interfund Transfer
0
0
0
0
0.00%
4,078,643 4,107,935 29,635,000 26,380,000
29,292 -3,255,000
0.72% -10.98%
TOTAL EXPENDITURES & OTHER FINANCING 842000 INDEBTEDNESS, END OF YEAR
18,651,804 32,780,000
CAPITAL PROJECT FUNDS (FUND 41, 45 & 49) The Capital Project Fund is used to account for financial resources involved in the acquisition of land and capital objects (i.e., classroom computers), construction of capital facilities (i.e., new building or major remodeling projects) or maintenance projects (i.e., new roof). The Revenue in this Fund primarily comes from the proceeds of Debt (Fund 38 & 39). The 2013/14 Budget included the annual lease payment for our Field Turf Project. This lease was paid off in 2013/14. The majority of funds used to pay the lease were from community donations.
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KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 CAPITAL PROJECT FUNDS (FUND 41, 45 & 49) Audited 2012-13 900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 100000 Instruction 200000 Support Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
986,371 0 1,415,545 551,303 0 122,129 0 122,129
Unaudited 2013-14 1,415,545 0 1,842,017 533,525 0 107,053 0 107,053
Budget 2014-15 1,842,017 0 1,867,017 525,000 0 500,000 0 500,000
Dollar Change 426,472 0 25,000 -8,525 0 392,947 0 392,947
Percent Change 30.13% 0.00% 1.36% -1.60% 0.00% 367.06% 0% 367.06%
FOOD SERVICE FUND (FUND 50) All receipts and expenditures for our school lunch program are recorded here. This program is contracted out to Chartwells, Inc., a Food Service Management Company. The goal of this Fund is for it to be self sustaining. We have been able to meet that goal. However, student participation has been decreasing under new mandates from the Healthy Hungry Free Kids Act. The loss in revenue from fewer students eating school lunch has been offset by a new breakfast program and controlling costs. To remain profitable in future years, the challenge will be to convince children and their parents to eat healthy school lunches when they have the option of eating at a fast food restaurant or bringing a less healthy option from home. Audited 2012-13 900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 200000 Support Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
93,660 0 158,015 1,184,371 1,120,016 0 1,120,016
Unaudited 2013-14 158,015 0 214,253 1,224,730 1,168,492 0 1,168,492
Budget 2014-15 214,253 0 214,253 1,297,253 1,297,253 0 1,297,253
Dollar Change 56,238 0 0 72,523 128,761 0 128,761
Percent Change 35.59% 0.00% 0.00% 5.92% 11.02% 0.00% 11.02%
EMPLOYEE BENEFIT TRUST (FUND 73) The District established a Trust in 2003/04 to help fund employee retirement benefits the District has been obligated to pay in the future. This Fund can only be used to pay retiree benefits. The District is not obligated to make payments to the Trust. The value of the Trust increased by $1,560,964 in 2013/14. $812,532 of that increase was for unrealized gains (value of Investment has increased but hasn't been sold yet) that were not accounted for in 2012/13. $1,091,632 in additional contributions were made. Interest income and realized gains (investment sold) were $304,235. These increases were offset by Trust fees of $69,449 and payments to retirees of $577,987. Per our most recent Actuarial Study, the Trust was fully funded. Not many school districts in the State or country are able to say this. The value of the Trust as of 6/30/14 was $9,610,970. Since the District's initial contribution into Wisconsin OPEB Trust in April of 2012, the investment has gained approximately $1.234 Million in value. Audited 2012-13 900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 200000 Support Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
6,354,060 0 8,050,006 2,433,652 56,909 680,797 737,706 24
Unaudited 2013-14
Budget 2014-15
8,050,006 9,610,970 0 0 9,610,970 10,349,639 2,208,400 1,436,320 69,449 82,250 577,987 615,401 647,436 697,651
Dollar Change 1,560,964 0 738,669 -772,080 12,801 37,414 50,215
Percent Change 19.39% 0.00% 7.69% -34.96% 18.43% 6.47% 7.76%
KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 COMMUNITY SERVICE FUND (FUND 80) Fund 80 is used to account for community activities that are not directly related to school educational programs. The District's Community Fitness Center is accounted for in this Fund. The amount set aside to pay workers is $15,701, $5,588 for supplies and $8,000 for equipment maintenance and replacement. All District facilities are open to the public. Over 10,000 events were scheduled and coordinated by a District secretary this past year. A portion of that individuals salary and benefits ($13,829) are paid in Fund 80. A portion of salary and benefits ($5,585) for the employee that is responsible for Community Outreach Programs such as Senior Quest, Little Free Libraries and Mini-Makers is also paid for out of Fund 80. In addition, $3,000 has been set aside for supplies for these outreach programs. Lastly, a portion of an employees salary and benefits ($7,294 is paid out of Fund 80 to coordinate a County funded intervention program for youth in the community. The Community Service Tax Levy will support $46,823 out of $58,367 in budgeted expenditures.
900000 Beginning Fund Balance 992000 Residual Equity Transfers In (Out) 900000 Ending Fund Balance TOTAL REVENUES & OTHER FINANCING 100000 Instruction 200000 Support Services 300000 Community Services 400000 Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING
Audited 2012-13 34,384 0 54,818 68,799 0 0 48,365 0 48,365
Unaudited 2013-14 54,818 0 75,592 65,442 0 0 44,668 0 44,668
Budget 2014-15 75,592 0 75,592 58,367 0 0 58,367 0 58,367
Dollar Change 20,774 0 0 -7,075 0 0 13,699 0 13,699
Percent Change 37.90% 0.00% 0.00% -10.81% 0.00% 0.00% 30.67% 0.00% 30.67%
Unaudited Budget Dollar 2013-14 2014-15 Change 15,769,677 60,390,500 44,620,823 55,760,306 59,734,916 3,974,610
Percent Change 282.95% 7.13%
ALL FUNDS COMBINED
TOTAL REVENUES & OTHER FINANCING TOTAL EXPENDITURES & OTHER FINANCING
Audited 2012-13 73,280,651 70,117,351
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KIMBERLY AREA SCHOOL DISTRICT BUDGET ADOPTION, 2014-15 PROPERTY TAX LEVY Audited 2012-13
FUND General Fund Debt Service Fund Capital Expansion Fund Community Service Fund TOTAL SCHOOL LEVY
Unaudited 2013-14
$12,101,524 $4,088,059 $500,000 $46,823 $16,736,406
$12,218,366 $4,036,789 $500,000 $46,823 $16,801,978
Budget 2014-15
$12,079,050 $4,042,718 $500,000 $46,823 $16,668,591
Dollar Change
-$139,316 $5,929 $0 $0 -$133,387
Percent Change
-1.14% 0.15% 0.00% 0.00% -0.79%
EQUALIZED VALUATION & TAX LEVY BY MUNICIPALITY Projected MUNICIPALITY
Village of Kimberly Town of Harrison Village of Harrsion City of Appleton Town of Buchanan Village of Combined Locks Totals *
EAV 2014-15
Total Percent of Total
$426,898,100 $124,034,187 $414,531,654 $29,982,150 $438,715,629 $191,243,200 $1,625,404,920
26.26% 7.63% 25.50% 1.84% 26.99% 11.77% 100%
Levy 2014-15
$4,377,857 $1,271,975 $4,251,038 $307,468 $4,499,046 $1,961,206 $16,668,590
EAV is short for Equalized Assessed Valuation. It is the total market value of all property within the District.
TAX RATE October 2013
School Tax Levy Equalized Valuation *Tax Rate/$1000 of Equalized Valuation
October 2014
Estimated 2015**
$16,736,406 $16,801,978 $16,668,591 $1,590,922,939 $1,625,404,920 $1,625,404,920 $10.52 $10.34 $10.26
Dollar Change
($133,387) $0 ($0.08)
** The estimated tax rate is based on the assumption that the equalized assessed valuation (EAV) of property will remain the same. The actual tax rate can not be determined until the District receives official certification of Equalized Property Values from the Wisconsin Department of Revenue in October, 2014.
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Percent Change
-0.79% 0.00% -0.77%
KIMBERLY AREA SCHOOL DISTRICT STAFFING
Salary and Benefit Costs are the largest expenditure for school districts and have the greatest impact on the Budget. Cost increases include wage increases, benefit increases and the cost of adding new staff. At the time of this publication, following are new staff that have been added, as well as staffing reductions to meet the District’s expected educational needs for 2014/15. Current Staffing Additions include: x x
4.25 High School Teachers 1.0 Administrative staff Current Staffing Reductions include:
x x x x x
0.5 1.5 0.5 0.5 0.5
Elementary Teachers Middle School Teachers High School Teachers 5k Para-Professional Special Education Teachers
Net Staffing Increase of: 1.75 Employees
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Kimberly Area School District BOARD OF EDUCATION ANNUAL MEETING MINUTES September 23, 2013 Started: 7:15 PM Present: BOE Members Ammie Ebben Dr. Montgomery Elmer, President Penny Hoh, Treasurer Mary Pribbenow Debbie Roberts, Clerk Chuck Rundquist Brad Siebers, Vice President
District Office Administrators Gary Kvasnica, Director of Business Services Dr. Bob Mayfield, Superintendent Jodi Neuber, Assistant to the Superintendent 17 Guests
The meeting was called to order by Board President, Dr. Montgomery Elmer, followed by the Pledge of Allegiance. Mike Rietveld was nominated to be chairperson for the meeting by Penny Hoh. Motion:
To close nominations and appoint Mike Rietveld as chairperson for the 2013 Annual Meeting. By Debbie Roberts: seconded by Mary Pribbenow. Approved: Voice vote.
Motion:
To accept the recommended guidelines for the 2013 Annual Meeting. By: seconded by Approved: Voice vote.
Motion:
To dispense with the reading of the last Annual Meeting Minutes of Monday, September 24, 2012. By Brad Siebers: seconded by Penny Hoh. Approved: Voice vote.
Board of Education President, Dr. Montgomery Elmer and Superintendent of Schools, Dr. Bob Mayfield, gave their addresses to the assembly. Director of Business Services, Gary Kvasnica, presented the Treasurer’s Report. Motion:
Resolved that the Treasurer’s Report be accepted as read. By Brad Siebers: seconded by Penny Hoh. Approved: Voice vote.
Motion:
That the salaries of school board members remain the same at: President, Clerk and Treasurer receiving $3150 and the remaining members receiving $3050; and authorize reimbursement for expenses incurred. By Chuck Rundquist: seconded by Ammie Ebben. Approved: Voice vote.
Business Manager, Gary Kvasnica, explained the need to set up a School Capital Expansion Fund. Motion:
To vote for a tax to create a fund for the purpose of financing all current and future capital expenditures related to building sites. All money raised through taxation or otherwise collected pursuant to this subsection shall be deposited by the school district treasurer in a segregated fund. Such money shall not be used for any other purpose or be transferred to any other fund except by
authorization by a majority of the electors present at a subsequent annual meeting and only if notice that the issue would be on the agenda was included in the notice of the subsequent annual meeting under s. 120.08(1)(c). By Mary Pribbenow: seconded by Debbie Roberts. Approved: Voice vote. Motion:
Resolved that the tax levy of $16,726,214 presented to the electors be adopted as printed. By Dr. Montgomery Elmer: seconded by Chuck Rundquist. Approved: Voice vote.
Motion:
To authorize the School Board to set the date and time of the 2014 Annual Meeting for the fourth Monday in September (September 22, 2014). By Dr. Montgomery Elmer: seconded by Ammie Ebben. Approved: Voice vote.
Motion:
To adjourn at 7:36 PM on September 23, 2013. By Brad Siebers: seconded by Penny Hoh. Approved: Voice vote.
prepared by, Jodi Neuber
Debbie Roberts
Kimberly Area School District Office of Superintendent
Kimberly Area School District Board of Education Clerk
