MULTIYEAREXECUTIVESUMMARY

GeneralFund

TotalProjectedRevenue,allsources
TotalProjectedExpenditures
TotalProjectedRecapture
NetProjectedRevenue(Expenditure)

20152016
447,345,632
416,094,326
217,771
31,033,535

20162017
20172018
20182019
20192020
455,039,500 459,642,200 471,081,900 477,233,300
467,780,451 473,629,951 501,973,201 513,796,201




(12,740,951)
(13,987,751)
(30,891,301)
(36,562,901)

BeginningUnassignedFundBalance
ProjectedEndingUnassignedFundBalance

92,068,189
123,101,724

105,732,514
92,991,563

92,991,563
79,003,812

79,003,812
48,112,511

48,112,511
11,549,610

ProposedUsesofFundBalance:
OneTime2%StipendforallStaffin201617
OtherFundBalanceAssignments
TransfertoCapitalAcquisitions&EnhancementsFund
TransferstoOtherFunds
ProposedEndingUnassignedFundBalance

7,000,000
4,349,710
6,000,000
19,500
105,732,514

92,991,563

79,003,812

48,112,511

11,549,610

UnassignedFundBalanceasa%ofNextYear'sExpenditures

22.6%

19.6%

15.7%

9.4%

2.2%

M&OTaxRate

$1.04

$1.04

$1.04

$1.04

$1.04

ProjectedEnrollment
TotalOperatingRevenue,lessrecaptureperPupil
TotalOperatingExpendituresperPupil

53,301 55,886 58,253 60,499 62,452

$ 8,062.84 $ 7,800.29 $ 7,537.29 $ 7,422.43 $ 7,277.12
$ 7,418.16 $ 8,028.27 $ 7,777.41 $ 7,933.03 $ 7,862.58

NOTES:
ThisfinancialplanincludesdelayingtheopeningofLiscanoES,TallyES,LawlerMSandMemorialHSuntilFall2018.
Thereisnoprovisionfordistrictleveloperationalcostincreaseoradditionalcentralstaffin201718orbeyond.Thesecostswouldneedtobeevaluatedagainstavailable
fundsonanannualbasis.
Thisplanincludesasalaryfreezefor201718,butthenincludesaplaceholderfora2%raiseforstaffin201819and201920.