May 14, 2013

Dr. Phyllis A. Edwards, Superintendent

City Schools of Decatur will be one of the top community

school systems in the nation

City Schools of DecaturBudget for Fiscal Year 2014

July 1, 2013 through June 30, 2014

General Fund Special Funds Nutrition Fund Capital FundsESTIMATED REVENUESLocal Taxes 24,716,408 3,324,000 Local Other 2,658,498 842,119 State General 16,546,288 State Other 625,000 27,000 Federal 1,482,105 616,000 Transfers from Other Funds 274,176 General Fund Balance Obligated 2,814,181 Capital Fund Balance Restricted       3,037,288 Total Revenues 46,735,375 2,381,281 1,485,119 6,361,288

ESTIMATED EXPENDITURESInstruction 30,903,467 2,037,440 Pupil Personnel 1,440,088 14,621 Improvement of Instruction 1,284,111 248,479 Educational Media 896,729 Federal Grant Administration 62,555 General Administration 873,814 School Administration 3,513,164 Business Services 479,009 Maintenance and Operations 4,265,158 Student Transportation 1,128,014 11,602 Central Support Services 771,703 Other Support Services 6,584 Nutrition 834,139 1,485,119 Community Services 71,803 Facilities 5,337,188 Transfers to Other Funds 274,176 Debt Service 1,024,100 Total Expenditures 46,735,375 2,381,281 1,485,119 6,361,288

City Schools of DecaturDraft of Budget

General Fund Revenue & Expenditure ComparisonsFiscal Year 2014 Budget

MAJOR REVENUE SOURCES     

Tentative BudgetDraft 1 Draft 2 Draft 3

  FY 2012 ACTUAL FY2013 BUDGETFY 2013 PROJECTED

ACTUAL FY2014 BUDGET FY2014 BUDGET FY2014 BUDGET FY2014 BUDGETTaxes 24,246,782  23,874,212  24,413,384  24,968,616  24,716,408  24,716,408  24,716,408 Tuition 2,604,251  2,367,638  2,533,373  2,316,018  2,334,498  2,334,498  2,334,498 Other Local Revenue 511,853  324,000  324,000  324,000  324,000  324,000  324,000 State 13,521,849  13,631,385  14,706,730  17,046,288  17,046,288  16,546,288  16,546,288 Federal 7,733            TOTAL 40,892,468  40,197,235  41,977,487  44,654,922  44,421,194  43,921,194  43,921,194                MAJOR EXPENDITURE CATEGORIES              Salaries 23,814,589  25,880,113  25,103,710  27,061,113  27,266,113  27,266,113  27,138,108 Benefits  7,928,734  11,524,123  11,178,399  12,199,123  12,789,123  12,789,123  12,639,813 Services  4,610,405  4,004,872  3,884,726  4,004,872  3,604,385  3,604,385  3,766,059 Equipment, Materials & Supplies 1,766,785  1,923,532  1,865,826  1,923,532  1,709,019  1,709,019  1,767,556 Utilities 921,595  915,800  888,326  915,800  915,800  915,800  1,019,663 Buses 760,671  760,000  737,200  760,000  760,000  760,000  130,000 Transfers to Other Funds 538,319  0  0  0  0  0  274,176                               TOTAL 40,341,098  45,008,440  43,658,187  46,864,440  47,044,440  47,044,440  46,735,375                               Revenues over Expense 551,370  (4,811,205) (1,680,700) (2,209,518) (2,623,246) (3,123,246) (2,814,181)Projected Beginning Fund Balance 9,774,597  10,325,967  10,325,967  5,514,762  5,514,762  8,645,267  8,645,267 Projected Ending Fund Balance 10,325,967  5,514,762  8,645,267  3,305,244  2,891,516  5,522,021  5,831,086 Millage 20.900  20.900  20.900  20.900  20.900  20.900  20.900 Fund Balance  % of Expenditures 25.597% 12.253% 19.802% 7.053% 6.146% 11.738% 12.477%

Tax Revenues Millage rate remains unchanged at 20.90 Estimated digest growth of 1.5% Collection rate of 98% State Revenues No restoration of, or reduction to, the Amended Formula

Adjustment (Austerity Reduction) Increase to QBE revenues due to enrollment growth and

Training and Experience (T & E) 99% collection rate

1.25% Salary Increase for all employees 20 New positions Certified Health Insurance increase from

$10,950 to $11,340/year Classified Health Insurance increase from $5355

to $7155/year Teacher Retirement increase from 11.41% to

12.28% for employers No change to Board Health Insurance Supplement

of $940 per employee annually

10% reduction to all non-salary and benefit accounts for a savings of $715,000

Added an additional $50,000 for Central Office Moving Expenses

Included an increase of $50,000 for the IB Diploma Programme

Represent grant funding received from state and federal sources

Spent on a reimbursable basis Budget is determined based on current year

allotments and/or preliminary estimates from the grantor

City Schools of Decatur

Special Revenue Funds

Fiscal Year 2014 Budget

PreK   Title I   Title VI-B  Special Ed Preschool

  Title II   JROTC   Perkins   Homeless  Total Grant Revenues

ESTIMATED REVENUESState Lottery 625,000 625,000

Federal 658,418 491,222 18,459 180,032 84,874 21,379 27,721 1,482,105 Transfers In 274,176 274,176

Total Revenues 899,176   658,418   491,222   18,459   180,032   84,874   21,379   27,721   2,381,281

ESTIMATED EXPENDITURESInstruction 899,176 604,548 413,544 18,459 84,874 16,839 2,037,440

Pupil Personnel 14,271 350 14,621 Improvement of Instruction 1,000 63,407 180,032 4,040 248,479

Educational Media

Federal Grant Administration 46,286 500 15769 62,555 General Administration

School AdministrationBusiness Services

Maintenance and OperationsStudent Transportation 11,602 11,602

Central Support ServicesOther Support Services 6,584 6,584

NutritionCommunity Services

Total Expenditures 899,176   658,418   491,222   18,459   180,032   84,874   21,379   27,721   2,381,281

Averaging approximately $277,000 per month in SPLOST receipts

Debt Service Payments on ECLC and Fifth Avenue Elementary

Includes interest payments due on Series 2012 General Obligation Sales Bonds and Series 2013B Bonds

Budgeted expenditures based on projected completion of referendum approved projects

ESTIMATED REVENUESSPLOST PROCEEDS $ 3,324,000.00 CAPITAL FUNDS RESTRICTED FUND BALANCE ** 4,930,979.00

$ 8,254,979.00 ESTIMATED EXPENDITURES300 PURCHASED PROF/TECH SERVS $ 251,590.00 720 BLDG ACQ, CONST, IMPROV 5,085,598.00830 INTEREST PAYMENT 1,024,100.00

$ 6,361,288.00

ESTIMATED ENDING FUND BALANCE JUNE 30, 2014 $ 1,893,691.00

**CAPITAL FUNDS RESTRICTED FUND BALANCE CALCULATIONAPRIL 30, 2013 ENDING FUND BALANCE $ 6,199,979.00 ANTICIPATED REVENUES THROUGH JUNE 30 831,000.00ANTICIPATED EXPENDITURES THROUGH JUNE 30 (2,100,000.00)

$ 4,930,979.00

OTHER LOCAL REVENUES 16,900.00

REVENUES FROM SALES 825,219.00

STATE REVENUES 27,000.00

FEDERAL REVENUES 616,000.00

$ 1,485,119.00

FTE114 SUBSTITUTE FOR NON-CERT $30,000.00 0.00184 SCHOOL NUTRITION PROG 488,869.00 31.83191 OTHER ADMIN PERSONNEL 0.00 0.00310 PROFESSIONAL SERVICES 6,000.00 0.00430 REPAIR & MAINT SERVICES 15,000.00 0.00580 TRAVEL 6,500.00 0.00591 COMMODITY HAULING 5,000.00 0.00595 OTHER PURCH SERVICES 2,500.00 0.00610 SUPPLIES 71,400.00 0.00612 COMPUTER SOFTWARE 6,000.00 0.00615 EXPENDABLE EQUIPMENT 4,000.00 0.00630 PURCHASED FOOD 660,000.00 0.00635 FOOD ACQUISITIONS-USDA 99,000.00 0.00730 EQUIPMENT 90,000.00 0.00810 DUES AND FEES 500.00 0.00890 OTHER EXPENDITURES 350.00 0.00

$1,485,119.00