FISCAL YEAR 2019-20 Horry County Schools Division of Fiscal Services Conway, South Carolina Fiscal Year 2019-20 Table of Contents TABLE OF CONTENTS PAGE Title Page Table of Contents ................................................................................................................. I Letter of Transmittal ........................................................................................................ VII Superintendent/Board of Education .................................................................................. IX I. EXECUTIVE SUMMARY SECTION Executive Summary .............................................................................................................1 Executive Summary Narrative .............................................................................................2 GFOA Budget Award ........................................................................................................37 Meritorious Budget Award ................................................................................................38 Principal Officials ..............................................................................................................39 II. ORGANIZATIONAL SECTION Organization of the District ...............................................................................................41 Organizational Chart .............................................................................................42 The District Entity..............................................................................................................45 Mission and Strategic Plan Performance Goals .................................................................47 Board Governance .............................................................................................................60 Budget and Administrative Policies...................................................................................67 Financial Structure .............................................................................................................74 Budget Development .........................................................................................................86 III. FINANCIAL SECTION Revenue and Expenditure Comparison Summary Revenue Highlights ............................................................................................................95 Expenditure Highlights ....................................................................................................103 Eight Year Revenue & Expenditure Comparison All Funds ..............................................................................................................110 Horry County Schools Page I Fiscal Year 2019-20 Table of Contents Eight Year Revenue & Expenditure Comparison- All Governmental Funds .....................................................................................111 Eight Year Revenue & Expenditure Comparison- All Non-Governmental Funds..............................................................................118 Governmental Fund Budgets General Fund Budget .......................................................................................................122 General Fund Budget Summary...........................................................................123 General Fund Fund Balance Graph ....................................................................124 General Fund Revenues and Other Financing Sources ......................................125 General Fund Description of Revenues and Other Financing Sources ..............126 General Fund Expenditures and Other Financing Uses .....................................131 General Fund Expenditures and Other Financing Uses by Object .....................143 Graph of General Fund Expenditures and Other Financing Uses by Object .....144 General Fund Multi-School and Central Office ..................................................145 General Fund Budgets by School Attendance Zones .................................................................................................154 State and District Mission ....................................................................................155 General Fund School Formulae ..........................................................................156 Schools Aynor Elementary ................................................................................................165 Burgess Elementary .............................................................................................167 Carolina Forest Elementary ................................................................................169 ConwayElementary ..............................................................................................171 Daisy Elementary .................................................................................................173 Forestbrook Elementary ......................................................................................175 Green Sea Floyds Elementary .............................................................................177 Homewood Elementary ........................................................................................179 Kingston Elementary ............................................................................................181 Lakewood Elementary ..........................................................................................183 Loris Elementary ..................................................................................................185 Midland Elementary.............................................................................................187 Myrtle Beach Early Childhood ............................................................................189 Myrtle Beach Elementary ....................................................................................191 Myrtle Beach Primary..........................................................................................193 Ocean Bay Elementary ........................................................................................195 Ocean Driver Elementary ....................................................................................197 Palmetto Bays Elementary ...................................................................................199 Pee Dee Elementary .............................................................................................201 River Oaks Elementary ........................................................................................203 Horry County Schools Page II Fiscal Year 2019-20 Table of Contents Schools Continued Riverside Elementary ...........................................................................................205 Seaside Elementary ..............................................................................................207 Socastee Elementary ............................................................................................209 South Conway Elementary ...................................................................................211 St. James Elementary ...........................................................................................213 Waccamaw Elementary ........................................................................................215 Waterway Elementary ..........................................................................................217 Aynor Middle .......................................................................................................219 Blackwater Middle ...............................................................................................221 Conway Middle ....................................................................................................223 Forestbrook Middle .............................................................................................225 Loris Middle .........................................................................................................227 Myrtle Beach Middle............................................................................................229 North Myrtle Beach Middle .................................................................................231 Ocean Bay Middle................................................................................................233 Socastee Middle ...................................................................................................235 St. James Intermediate .........................................................................................237 St. James Middle ..................................................................................................239 Ten Oaks Middle ..................................................................................................241 Whittemore Park Middle ......................................................................................243 Aynor High ...........................................................................................................245 Carolina Forest High ...........................................................................................247 Conway High .......................................................................................................249 Early College .......................................................................................................251 Green Sea Floyds High ........................................................................................253