• 2020 CGCSC Budget
    Introduction   Education Fund   Operations Fund   Debt Service Fund   Referendum Fund
  • Budget Assumptions Revenue Estimate Spending Plan Cash Flow Miscellaneous
  • OPERATIONS FUND
     BUDGET ASSUMPTIONS
    October 24, 2019

    Revenue Assumptions:

    • Transfer: Revenue will come partially from a transfer of $6,690,000 from the Education Fund
    • Miscellaneous Taxes: These have been estimated proportionally the same as 2019
    • Building Rental: Revenue is projected about the same as the prior year
    • Total Revenue: Estimated to be $20,440,000, but that will be reduced by property tax cap losses of at least $800,000

    Expenditure Assumptions: 

    • Staff changes:
      • Added 1 School Resource Officer (was paid from a grant)
      • Added an Assistant Director of Transportation
      • WGES Grounds person went from half year to full year
      • Reduced 2 Bus Drivers
      • Reduced .5 Bus Monitor
      • Major changes in custodians since we eliminated outsourcing
    • Utilities: Cost increases in this area were small compared to prior years. We budgeted an additional $55,000 which is a 4% increase.
    • Technology and Building Improvement Projects:  Expenditures will be partly in CPF and partly in an additional bond issue of $4,800,000 for building projects and technology.  More details about expenditures can be found in the individual site plans and the list of CPF projectsTransfer:  Some expenditures have been transferred from the old General Fund into this fund
    • Staff changes:
      • 2 New School Security Officers
      • 1 New School Resource Officer (partially paid from a grant)
      • 1 new bus driver in the fall of 2018 and 2 in the fall of 2019
      • All staff for Walnut Grove Elementary starting in the fall of 2019

    • Utilities: We have seen significant increases in utility costs in the last 6 months.  The budget for all utilities for 2019 has increased by $321,000 from the prior year.
    • Technology and Building Improvement Projects:   Expenditures will be partly in CPF and partly in an additional bond issue of $4,800,000 for building projects and technology.  More details about expenditures can be found in the individual site plans and the list of CPF projects
    • Bus Plan: 
      • We have assumed 5% inflation in the cost of buses each year
      • Replacement buses needed in 2020 are $1,032,000 to replace 11 buses at a cost of $108,000 each for 78-passenger buses and $60,000 for smaller buses
      • Additional buses needed in 2020 are two 78-passenger buses
      • Total cost of the above 13 buses is $1,248,000
    • Gasoline: It is very difficult to predict fuel costs:
    • 2012
      Actual

      2013
      Actual

      2014
      Actual

      2015
      Actual

      2016
      Actual

      2017
      Actual

      2018
      Actual

      2019
      Budget

      2020
      Budget

      $528,163

      $516,000

      $514,406

      $432,795

      $307,711

      $333,731

      $460,800

      $540,000

      $540,000

    • Total Expenditures:  
      • Estimated to be $19,640,000

    Tax Rate/Levy Expenditures:

    • Levy: This fund has a maximum levy that increases by a growth quotient every year. We estimate the maximum levy to be $11,355,393.