Austin Public Schools 401 Third Avenue NW Austin, Minnesota 55912

Appendix

Mark D. Stotts

Director of Finance & Operations

Austin Public Schools ∙ 401 Third Avenue NW ∙ Austin, Minnesota 55912

TO: School Board Members

Mr. David Krenz, Superintendent

FROM: Mark Stotts

Director of Finance & Operations

DATE: June 9, 2014

RE: 2014/2015 Original Budget

Budgeted / Budgeted
Fund Balance / Budgeted / Budgeted / Fund Balance
Fund / 6/30/2014 / Revenues / Expenses / 6/30/2015
GOVERNMENTAL FUNDS
General Fund:
Restricted / $1,084,110 / $9,687,446 / $9,697,612 / $1,073,944
Unassigned / 5,358,769 / 45,158,690 / 46,028,676 / 4,488,783
General Fund Total / 6,442,879 / 54,846,136 / 55,726,288 / 5,562,727
Food Service Fund / 830,215 / 2,525,748 / 2,701,110 / $654,853
Community Service Fund / 292,253 / 1,815,204 / 1,802,524 / $304,933
Building Construction Fund / 1,685,272 / 0 / 285,000 / $1,400,272
Debt Service Fund / 2,522,614 / 2,795,756 / 2,636,676 / 2,681,694
Total - Governmental Funds / 5,330,354 / 7,136,708 / 7,425,310 / 5,041,752
TRUST & AGENCY FUNDS
Trust Fund / 272,257 / 80,000 / 80,000 / $272,257
Internal Service Fund - Ins. Trust / 1047549 / 7,729,459 / 7,729,459 / $1,047,549
Internal Service Fund - OPEB Trust / 2,535,325 / 0 / 0 / 2,535,325
Total Trust & Agency Funds / 3,855,131 / 7,809,459 / 7,809,459 / 3,855,131
TOTAL - ALL FUNDS / $15,628,364 / $69,792,303 / $70,961,057 / $14,459,610
/ Budgeted
Budgeted / Budgeted / Fund Balance

The 2014/2015 budget was prepared in accordance with school board decisions. The parameters used to develop the budget are detailed in the presentation materials but are essentially as follows:

1. General education funding, on a per pupil basis, increased from $5,302 per pupil unit in 2013/2014 to $5,831 in 2014/2015. This amounts to a 1.9% increase to the basic formula due to student weighting changes.

2. All-day kindergarten is now fully funded. Kindergarten student weighting went from .612 in 2013/2014 to 1.0 in 2014/2015.

3. Class sizes remained essentially the same as 2013/2014 levels with the addition of 2 FTE’s of teaching staff.

4. The following positions were added to the budget for the 2014/2015 year:

Ø 2.0 classroom teachers

Ø 1.0 ELL teacher

Ø 2.0 special education teachers

Ø 1.0 technology director

5. Enrollment is estimated to increase to 4,667 students in average daily membership. This is a 72 student estimated increase over 2013/2014 (4,595).

6. Non-salary expenditures were adjusted as necessary.

School board policy suggests that the District maintain an unassigned operating fund balance equal to one month’s expenditures. This amounts to approximately $4.6 million. The unreserved/undesignated fund balance, as shown here, does not meet the goal established in policy. However, it is anticipated that there will be enough budgetary savings to adequately meet the policy. Therefore, approval of this budget as submitted fulfills the policy requirements.

Attachments: 2014/2015 Original Budget

2014-2015

ORIGINAL

BUDGET

ISD #492

AUSTIN, MINNESOTA

TABLE OF CONTENTS

Page

I. District Organization 1

II. Strategic Roadmap 2

IV. 2014-2015 Original Budget 3

V. Budget Graphs 4-13

VI. Performance Measures 14

The School Board Members for ISD #492 are as follows:

Board Chairperson Greg Larson Director Dick Lees

Vice Chairperson Angie Goetz Director Don Fox

Treasurer Don Leathers Director Kathy Green

Clerk Mary Jane Kestner

The 2014-15 Administration Team for ISD #492 is as follows:

Superintendent of Schools David Krenz

Director of Finance & Operations Mark Stotts

Director of Human Resources Bradley Bergstrom

Director of Special Services Sheri Willrodt

Director of Educational Services John Alberts

Director of Community Education & Communications Amy Baskin

High School Principal Katie Baskin

Assistant High School Principal Andrea Malo

Assistant High School Principal Stacy Schultz

Middle School Principal Jason Senne

Assistant Middle School Principal David Rezny

5/6 Intermediate School Principal Jean McDermott

Assistant 5/6 Intermediate School Principal Lynn Hemann

Elementary Principals Sheila Berger

Jeff Roland

Edwina Harder

Jessica Cabeen

Dewitt Schara

E-mail: Telephone: (507) 460-1909 Fax: (507) 460-1939 www.austin.k12.mn.us

Mission Statement

Engaging & empowering ALL learners for life

Core Values Statement

In order to advance its mission and vision, the Austin Public Schools is dedicated to the following values, which represent the attitudes, behaviors, and commitments to which it must adhere.

High Expectations--of and from all people all the time

Integrity--to have the courage to do what is right in the face of challenges

Focus & Purpose--to operate with intention

Innovation--to support creative culture, processes and solutions

Vision 2015 Statement

The following statements reflect the vision of the district

All students engaged in and achieving a meaningful educational journey for their future

Intentional instruction meeting the needs of each learner in all classrooms

Student needs, demographic growth and innovative programming driving district infrastructure

A safe, welcoming and enticing school environment for students, staff and families

Effective, engaged and satisfied employees

Partnership, engagement and open dialogue between all stakeholders

Financial stability and sound resource management

Strategic Directions

A. Align district structures, systems and resources to assure college and workforce readiness for ALL students

B. Purposefully deliver a guaranteed and viable curriculum and effective instructional practices

C. Develop a school culture and competency for ALL students, families and staff across ethnicity and income backgrounds

D. Design, fund, implement and support technology as a critical asset for teaching and learning

E. Develop a clear and shared understanding by the community of the district and the need for partnership

F. Align and efficiently manage district resources to student needs and demographic changes

UNDESIGNATED GENERAL FUND BALANCE

(Actual Compared to Board Policy)

TOTAL GENERAL FUND BALANCE

(Actual Compared to Board Policy)

FOOD SERVICES (FUND 02)

FOOD SERVICES (FUND 02) – CONT.

COMMUNITY SERVICES (FUND 04)

COMMUNITY SERVICES (FUND 04) – CONT.