Budget Assumptions

EDUCATION FUND
October 25, 2018

Revenue Assumptions:

• Projected enrollment: increase by 151 students to 8,426
• Special Education Projected Pupil Count: up from the prior year 
• Vocational Education: up slightly from the prior year
• Academic Honors Diplomas: same as last year
• Summer School: about the same as prior year (we don’t know 2018 yet)

Total Funding as follows:

2018 Budget Basic Grant Funding: $51,225,926 All Miscellaneous Revenues: $     654,074 Total Education Fund: $51,880,000

2019 Budget Basic Grant Funding:  $53,193,522 All Miscellaneous Revenues: $     436,478 Transfer to Operations Fund:-$  5,590,000 Total Education Fund:          $48,040,000

  

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Expenditure Assumptions:
Staff Changes:

• 2018-19
  • 8.5 new teaching positions
  • 1 new instructional assistant
  • 1 new high school job coach
• 2019-20          
  • Added all staff for Walnut Grove Elementary starting in the fall of 2020

Group Health Insurance:

• No increase in costs for January, 2019

Total Expenses: $48,040,000

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Tax Rate/Levy Assumptions:
This fund has no tax rate or levy. It is funded mostly by the state basic grant formula.