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DOUGLAS COUNTY SCHOOL DISTRICT
FINANCIAL PLAN
AND
BUDGET
JUNE 16, 2009
FY 2009-2010 GENERAL FUND
ASSUMPTIONS
ƒ
Per-Pupil Revenue: $6,953
ƒ
Inflation Rate 3.9% for FY10
ƒ
Funded Pupil Count increase of 1,500 for In-
School growth and 100 for On-line
growth for a total Funded Pupil Count of
56,945
ƒ
Employee Retirement Program of $8.02M
ƒ
Letter of Credit





FY 2009-2010 GENERAL FUND
PERSONNEL SUMMARY




Increase
Budgeted Budgeted Budgeted Budgeted Budgeted (Decrease) % of
FTE FTE FTE FTE FTE From Total
Employee Group
2005-06
2006-07
2007-08
2008-09
2009-10
2008-09
2009-10
100-ADMINISTRATIVE STAFF
Total Administrative Staff
176.36 186.80 205.47 203.29 193.91 (9.38) 3.80%
200-CERTIFIED STAFF
Total Certified Staff
2,705.07 2,934.44 3,144.43 3,188.82 3,167.52 (21.30) 62.04%
300-PROFESSIONAL/TECHNICAL STAFF
Total Professional/Technical Staff
87.72 70.23 68.93 66.67 60.12 (6.55) 1.18%
400-600 CLASSIFIED STAFF
Total 400 - Clerical Staff
532.96 556.61 646.98 680.95 689.17 8.22 13.50%
Total 500 - School Office/Instr Support 304.10 370.54 413.25 409.59 396.26 (13.33) 7.76%
Total 600 - Support Services 540.92 566.94 555.25 609.28 598.32 (10.96) 11.72%
GRAND TOTAL
4,347.13 4,685.56 5,034.31 5,158.60 5,105.30 (53.30) 100.00%
FY 2009-2010 GENERAL FUND
PERSONNEL




13.50%
7.76%
11.72%
62.04%
1.18%
3.80%
Certified
Clerical Staff
Support Services
School / Office Suppport
Administrative
Professional/Technical
FY 2009-2010 GENERAL FUND
REVENUE




Specific Ownership
Tax
$19,002,460
4%
Other State
Revenue
$11,702,356
3%
Other Local
Revenue
$19,200,162
4%
Local Property Tax
$153,706,458
33%
State Aid
$262,490,820
56%
Total Revenues: $466,102,256
FY 2009-2010 GENERAL FUND
EXPENDITURES




Total Expenditures: $476,977,336
Early Separation
Agreement
$8,027,511
2%
Charter
$45,968,709
10%
Operating
$45,269,534
9%
Transfers
$21,418,640
4%
Contingency
$17,387,941
4%
Salaries
$264,049,970
55%
Benefits
$74,855,031
16%
GENERAL FUND OVERVIEW
( IN MILLIONS)
4.12%
$22.3
$451.4
$449.2
$24.5
Budget
2008-09
1.23%
$4.9
$476.9
$466.1
$15.8
Budget
2009-10
(77.6%)
5.7%
3.8%
(35.5%)
Incr over
Prior Yr
Ending Fund Balance %
Ending Fund Balance
Total Expenditures
Total Revenue
Beginning Fund Balance





GENERAL FUND EXPENDITURES
PERCENT TO TOTAL




FY 08-09 % of FY 09-10 % of
Object (in millions) Budget Total Budget Total
Salaries $268.10 59.4% $264.05 55.4%
Benefits $65.44 14.5% $74.85 15.7%
Early Separation Agreement -
0.0% 8.03 1.7%
Subtotal 333.54 73.9% 346.93 72.7%
Operating 41.44 9.1% 45.27 9.5%
Transfers 72.47 16.1% 67.39 14.1%
Contingency 3.94 0.9% 17.39 3.6%
(Schools Carryforward $2.5M)
(Full Day Kindergarten $2.2M)
(Fiscal Emergency Reserve $7.7M)
(General Operating $5.0M)
Subtotal 117.85 26.1% 130.05 27.3%
TOTAL EXPENDITURES $451.39 100.0% $476.98 100.0%
GENERAL FUND
REVENUES & EXPENSES (IN MILLIONS)




Adopted Adopted Budget Percent
Budget Budget Incr/(Decr) Change
2008-09 2009-10 Over 2008-09 Over 2008-09
BEGINNING FUND BALANCE
$24.45 $15.84 ($8.61) -35.2%
REVENUE
Local Tax Revenue 177.68 172.71 ($4.97) -2.8%
Intergovernmental Revenue 251.98 274.19 $22.21 8.8%
Other Local Revenue 19.58 19.20 ($0.38) -1.9%
TOTAL REVENUE
449.24 466.10 16.86 4.1%
Total Program Funding
375.44 395.95 20.51 5.5%
EXPENDITURES
Salaries 268.10 264.05 (4.05) -1.5%
Benefits 65.43 74.85 9.42 14.4%
Early Separation Agreement -
8.03 8.03 0.0%
Operating 41.44 45.27 3.83 9.2%
Charter School Transfer 48.40 45.97 (2.43) -5.0%
Capital Reserve Fund Transfer 11.56 12.57 1.01 8.7%
Insurance Reserve Transfer 2.72 2.86 0.14 5.1%
Athletic & Activities Fund Transfer 4.80 4.83 0.03 0.6%
Mil Levy Override Fund Transfer 5.00 1.16 (3.84) -76.8%
Contingency ~ Reserve for Schools 0.90 2.50 1.60 177.8%
Contingency ~ Full-Day Kindergarten Prog 2.19 2.19 0.00 0.0%
0.85 12.70 11.85 1394.1%
TOTAL EXPENDITURES
451.39 476.98 25.59 5.7%
CHANGE IN FUND BALANCE
(2.15) (10.88) (8.73) 406.0%
BEGINNING FUND BALANCE
24.45 15.84 (8.61) -35.2%
ENDING FUND BALANCE
$22.30 $4.96 ($17.34) -36.8%
Ending Fund Balance Percentage
4.12% 1.23%
Contingency ~ General/Fiscal Emergency Reserve
GENERAL FUND FIVE YEAR
FINANCIAL PROJECTIONS (IN MILLIONS)




Adopted Projected Projected Projected Projected
Budget Budget Budget Budget Budget
2009-10 2010-11 2011-12 2012-2013 2013-14
BEGINNING FUND BALANCE
$15.84 $12.99 $16.14 $7.51 ($8.62)
REVENUE
Local Tax Revenue 172.71 177.74 185.65 188.80 197.34
Intergovernmental Revenue 274.19 288.01 292.14 304.09 313.42
Other Local Revenue 19.20 19.47 19.75 20.03 20.31
TOTAL REVENUE
466.10 485.22 497.54 512.92 531.07
Total Program Funding
395.95 410.75 423.73 438.44 455.86
EXPENDITURES
Salaries 264.05 272.70 283.18 295.61 310.53
Benefits 74.85 83.16 91.70 101.12 108.94
Operating 45.27 48.13 51.22 55.14 59.51
Transfers 67.39 68.39 70.38 67.49 63.68
Contingency ~ Reserve for Schools 2.50 2.50 2.50 2.50 2.50
Contingency ~ Full-Day Kindergarten Prog 2.19 2.19 2.19 2.19 2.19
12.70 5.00 5.00 5.00 5.00
TOTAL EXPENDITURES
468.95 482.07 506.17 529.05 552.35
CHANGE IN FUND BALANCE
(2.85) 3.15 (8.63) (16.13) (21.28)
BEGINNING FUND BALANCE
15.84 12.99 16.14 7.51 (8.62)
ENDING FUND BALANCE
$12.99 $16.14 $7.51 ($8.62) ($29.90)
Ending Fund Balance Percentage
3.21% 3.82% 1.74% -1.90% -6.30%
Early Retirement Program 8.02 -
-
-
-
               
TOTAL EXPENDITURES
476.97 482.07 506.17 529.05 552.35
CHANGE IN FUND BALANCE
(10.87) 3.15 (8.63) (16.13) (21.28)
BEGINNING FUND BALANCE
15.84 4.96 8.11 (0.52) (16.65)
ENDING FUND BALANCE
4.96 8.11 (0.52) (16.65) (37.93)
Ending Fund Balance Percentage
1.23% 1.92% -0.12% -3.68% -7.99%
Contingency ~ General/Fiscal Emergency Reserve
GENERAL FUND AND OTHER FUNDS’
BUDGETS FY 2009-10 REVENUES




2010 Alloc Percent of
Fund Budget Per Pupil Budget
General Fund 466.10
$ 8,185
$ 71.1%
Debt Service/Bond Redemption Fund 67.76 1,190 10.3%
Building Fund 1.50 26 0.2%
Capital Reserve Fund 14.45 254 2.2%
eDCSD Fund 1.99 35 0.3%
Govtl Designated Purpose Grant Fund 15.65 275 2.4%
School Discretionary Fund 1.67 29 0.3%
Nutrition Services Fund 16.60 292 2.5%
Child Care Fund 9.49 167 1.4%
Private Purpose Trusts 0.05 1 0.0%
Pupil Activity Fund 3.71 65 0.6%
Medical Self-Insurance Fund 43.69 767 6.7%
Insurance Reserve Fund 2.86 50 0.4%
Athletic and Activities Fund 8.72 153 1.3%
Mil Levy Override Fund 1.16 20 0.2%
TOTAL 655.40
$ 11,106
$ 100.0%
REVENUES BY FUND (in millions)
FY'10
GENERAL FUND AND OTHER FUNDS’
BUDGETS FY 2009-10 EXPENSES




2010 Alloc Percent of
Fund Budget Per Pupil Budget
General Fund 476.98
$ 8,376
$ 66.0%
Debt Service/Bond Redemption Fund 61.05 1,072
8.5%
Building Fund 61.40 1,078
8.5%
Capital Reserve Fund 15.27 268
2.1%
eDCSD Fund 1.89 33
0.3%
Govtl Designated Purpose Grant Fund 15.65 275
2.2%
School Discretionary Fund 1.70 30
0.2%
Nutrition Services Fund 16.29 286
2.3%
Child Care Fund 9.49 167
1.3%
Private Purpose Trusts 0.05 1
0.0%
Pupil Activity Fund 3.08 54
0.4%
Medical Self-Insurance Fund 43.69 767
6.0%
Insurance Reserve Fund 3.84 67
0.5%
Athletic and Activities Fund 8.72 153
1.2%
Mil Levy Override Fund 3.12 55
0.4%
TOTAL 722.22
$ 12,682
$ 100.0%
EXPENDITURES BY FUND (in millions)
FY'10
OTHER FUNDS FY 2009-10
EXPENDITURE CHANGES




PROPOSED ADOPTED
BUDGET CHANGES BUDGET
FUNDS 2009-2010 2009-2010
CAPITAL RESERVE FUND 16.67
$
M
(1.40)
$
M
15.27
$
M
eDCSD FUND 1.84
$
M
0.05
$
M
1.89
$
M
GOVERNMENTAL GRANTS FUND 13.75
$
M
1.90
$
M
15.65
$
M
NUTRITION SERVICE FUND 15.98
$
M
0.31
$ 16.29
$
M
FUTURE AGENDA
ƒ
Revise enrollment numbers per October
count
ƒ
Impact of FY 2008-09 Audited Financial
Statements
ƒ
The Effect and Future of Student Based
Budgeting
ƒ
November 2009 Local Election??
ƒ
Presentation of Revised Budget Prior to
December 31, 2009
ƒ
Potential Impact from State Quarterly
Reporting