Budget Workshop

To: Michael Green, Superintendent

Subject: 19-20 Budget Approval

From: Stacy Brown, Director of Business Services

Date: August 8, 2016

 

The board packet includes the following documents:

19-20 Budget Powerpoint Presentation

19-20 Budget Sources and Uses Document

19-20 Budget Detailed Revenue and Expenditure Comparison to Prior Year Budget

19-20 F-195 (Official Budget Document) Summary Pages (Draft Copy)

19-20 F-195F Four Year Budget Document

19-20 F-195 Draft – Full Budget Document

Please take a look at the presentation to get an overview of the 19-20 budget.  I also attached the budgeted sources and uses document and a more detailed review of the revenues and expenditures, with some explanation of differences that weren’t covered in the presentation.

The F-195 Budget Summary pages include detailed revenue and expenditure information on 17-18 actuals, 18-19 budget, and 19-20 budget figures.  This will give you a wealth of information about the district’s finances, comparing the 3 years.  I would like you to review the detailed revenues and expenditures.  After the presentation, we can go over your specific questions during the meeting.

Beginning in 18-19, the legislature now requires every district in the state to prepare a 4-year budget projection.  This is attached and please remember this is based on estimates.  With the change, the legislature made to the levy collection for 2020 (increase ability to collect $2.50/thousand, instead of $1.50/thousand) the projection is much better than last year’s projection.  However, by 21-22 we will need to make certificated and classified cuts to balance the budget.  We will discuss this document at the meeting.

The F-195 Budget Document is over 200 pages.  In the spirit of transparency, I wanted to include the entire document.  RCW requires that the budget be available to citizens, so a copy is also posted on the district website and hard copies are available in the district office if anyone is interested.

Please let me know if you have any questions.

 

Attached Files:
NameSizeType
19-20 F-195 - DRAFT.pdf 1MB application/pdf
Budget Sources and Uses.pdf 40KB application/pdf
Four Year Budget Document.pdf 520KB application/pdf
Full Budget Document.pdf 842KB application/pdf
Revenue and Expenditure Comparison.pdf 138KB application/pdf
Woodland School District Budget 2019-20.pdf 411KB application/pdf
Woodland School District Budget 2019-20.pptx 180KB application/vnd.openxmlformats-officedocument.presentationml.presentation