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Budget committee hears revenue shortfalls, payroll dominates spending
Summary
Business manager Denise Hale told the committee the general fund relies heavily on payroll (about 74%); the district estimates $2,845,252 in local property tax and $14,300,000 in state school fund revenue and is holding a $1,000,000 contingency.
Business manager Denise Hale outlined the district's revenue sources and major expenditure categories to the committee. She reported estimated local property taxes of $2,845,252 and an estimated state school fund allocation of $14,300,000, and explained the budget structure across fund 100 (general), 200 (special revenue), 300 (debt service), and 400 (capital).
Denise said payroll-related costs make up roughly three quarters of the general fund: "The chunk of our payroll is that 75% actually, 74% of our budget is payroll related," and she gave combined payroll totals of about $14,432,265 (salaries and associated payroll costs). The board had previously directed a contingency target and Denise confirmed a $1,000,000 contingency in the general fund that would be untouchable without a supplemental budget or hearing.
The presentation included line-item estimates for admissions/athletics revenue, childcare, and program-specific funds and noted major changes over $20,000 are flagged in the budget packet. Committee members asked clarifying questions about supplies, purchase services and contingency rules; Denise said she will circulate answers to written questions submitted by email.
