2013-2014 Budget Plan

2013-2014 Budget

The board on June 27, 2013, approved the budget for the 2013-2014 fiscal year, which begins July 1.

Revenue and expenditures

The district’s budget for 2013-2014 includes estimated total revenues of $59,199,365. The school district receives most of its revenue from property taxes, the state’s foundation formula, the state Classroom Trust Fund, and sales tax. Additional funding comes from some other federal, state and local sources.

The budget for 2013-2014 includes estimated total expenditures of $61,320,207. The district has implemented budget cuts, staff reductions and conservative spending over the last several years. As a result, it is expected that the district will end the 2012-2013 year with a reserve balance of more than 29 percent. In planning for 2013-2014, the dollar amount for estimated expenditures exceeds the amount for revenues because the district plans to spend some money from its reserve account to accomplish several needed projects. (See more details about major expenditures below.)

From an operating perspective, the district is estimating total revenue of $53,006,743 and expenditures of $54,491,307. Operating funds include the general fund, teachers fund, activity fund, and the capital projects fund (non-bond issue funds). A transfer of $1 million from the general fund to the capital projects fund is estimated. A transfer of $3,732,734 from the general fund to the teacher fund is estimated.

Debt Service

The debt service fund includes amounts needed to pay principal, interest and fees on outstanding bond issues from 2005, 2007, 2008 and 2011. Total principal payments, fees and interest payments for 2013-2014 are scheduled and budgeted for $6,828,900.

Major expenditures

The budget includes funds to cover district software licensing, curriculum support, the purchase of wireless access points for all classrooms and common areas, along with the creation of a single sign on portal for remote access to district resources via a common web port. Also included in this budget is the upgrade to 500mb internet bandwidth and the completion of the project to install 10 GB fiber optic connectivity to all buildings.

Budget allocations for 2013-2014 will focus on these district initiatives: K-12 literacy, standards referenced reporting, International Baccalaureate, and the transition to Common Core State Standards.

There are no major textbook adoptions this year.  The digital transformation process will have a significant impact on textbook decisions in the future.

The district plans to spend approximately $1 million in capital improvements, lease payments, or equipment. Capital improvements planned for 2013-2014 include district-wide safety and security improvements, exterior roof improvements at Peculiar Elementary, building repairs at the south high school, HVAC replacements at Timber Creek Elementary, playground improvements at Raymore Elementary and Stonegate Elementary, irrigation installation at several locations, new scoreboards in the south high school main gym, and weight room improvements at the south high school.

Operating expenses also included moving each employee on the salary schedule, increased pay for employees who earn additional education, and increased health insurance premiums.

You can review the entire budget plan at: 2013-2014 budget