FY 2022 Tentative Budget

May 3, 2021

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Purpose/Functions of a Budget • School Code requirement

• Reflection of the district’s goals and objectives

• Prerequisite for spending

• Management planning and measurement tool• Monthly budget/actual reports• 5 year projections• Annual audit

• Plan for the receipt and expenditure of resources• Many revenue and expense items are best estimates• Contingencies

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Budget Timeline May 3, 2021

• BOE to establish public hearing and review tentative budget

May 6, 2021• Citizen Finance Advisors to review tentative budget

May 18, 2021• BOE budget workshop

May 19, 2021• Tentative Budget put on public display

June 7, 2021• BOE budget workshop

June 21, 2021• Public hearing on budget • BOE adopts budget (Must be done by law by Sept.30th)

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Budget Process

Fall- Enrollment projections

- Five Year Financial Forecast (5Cast)

- Identify potential budget initiatives or reductions

December- BOE directs development of Tentative Budget

- Adoption of Tax Levy

January - Update Financial Forecast based on December CPI

February/

March

- School sites and departments develop detail

budget based on needs

April - Superintendent/Cabinet reviews detailed

budgets and makes recommendations as needed

May/June - BOE discusses/reviews and approves budget

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Staffing Changes

The following recommended staff changes are based upon enrollment and student needs at the various education levels. These changes were reviewed and approved by the Board of Education at the March 15th meeting.

2020-2021

Actual

2021-2022

Projected Difference

Early Childhood 36.00 36.00 0.00

Elementary Schools 561.61 562.93 1.32

Junior High Schools 301.21 303.02 1.81

High Schools 424.50 427.10 2.60

Student Services (District Level) 192.40 195.20 2.80

Total 1515.72 1524.25 8.53

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Budget AdditionsOther Staffing Positions

FTE Position Rationale

1.0 SSC/Supervisor of Special Education

Additional instructional coaching in the areas of EL and

special education;

Provide leadership for EC blueprint commitment

initiatives

1.0Assistant Superintendent

Administrative ServicesApproved at the 3/15/21 BOE meeting

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Budget AdditionsNew Initiatives

Transportation GPS systemModernization of transportation department -

track buses, students, and route times

$180,000 plus

annual fees

Administrator DevelopmentTwo administrators per year for summer

professional leadership development$10,000/yr

Compensation StudyReview and compare data for Administrative and

Non-Union compensation$75,000

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Return to Learn - Budget Additions

Return to Learn Positions

FTE Position Rationale

14.0 Math SpecialistsIncreased support to more students and professional learning

for teachers

12.0 LBS/ELIncreases ability to co-teach. Support differentiation and

language needs within grade-level curriculum

2.0 Social WorkersAnticipation of increased SEL needs as students transition

back to in person learning

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Return to Learn - Budget Additions

Other Return to Learn Initiatives

K-8 Jump Start Expand to all schools$610,000

10 days

Tutoring Services To provide additional math and writing support $1,530,000

Community Schools Mental health services $4,500

Learning Boot CampsStrengthen skills to help meet essential

standards$51,000

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RevenueLocal Funding

• Property Tax Revenue: Up $7M over FY21• Deferring early (June) taxes

• Total Tax Rate: 4.88%

• Existing EAV: 4% increase

• New property: $25.8M

• $2.7 million in abatements

• Investment income projected down an additional $500k (over $3.5 million from FY20 actuals)

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RevenueState Funding: Down $300K over FY21 budget

• Evidence Based Funding

• Preschool for All Program

• Transportation

• Special Education

Federal Funding: Up $5.5 million over FY21 budget

• America Rescue Plan (ESSER III)

• IDEA

• Title I

• National School Lunch

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Budget Highlights - Revenue

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Budget Highlights - RevenueFY 2021 FY 2022 DOLLAR PERCENT

Fund BUDGET BUDGET CHANGE CHANGE

Education 229,744,941$ 244,749,603$ 15,004,662$ 6.53%

Cafeteria 4,486,320 4,789,500 303,180 6.76%

O&M 34,925,187 30,110,559 (4,814,628) -13.79%

Land Cash 51,000 75,600 24,600 48.24%

Debt Svs 222,500 185,000 (37,500) -16.85%

Transportation 13,535,741 14,303,737 767,996 5.67%

IMRF/SS 8,754,732 9,189,263 434,531 4.96%

Working Cash 1,003,068 1,007,589 4,521 0.45%

Tort 1,108,395 1,154,418 46,023 4.15%

Total 293,831,884$ 305,565,269$ 11,733,385$ 3.99%

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Budget Highlights - Revenue

FY 2021 FY 2022 DOLLAR PERCENT

Source BUDGET BUDGET CHANGE CHANGE

Property Taxes 249,129,887$ 256,118,267$ 6,988,380$ 2.81%

Other Local 13,301,855 12,848,240 (453,615) -3.41%

Evidence Based Funding 12,664,500 12,664,500 - 0.00%

Other State 9,871,666 9,573,033 (298,633) -3.03%

Federal 8,863,976 14,361,229 5,497,253 62.02%

Total 293,831,884$ 305,565,269$ 11,733,385$ 3.99%

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Budget Highlights - Expenditures

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Budget Highlights - Expenditures

FY 2021 FY 2022 DOLLAR PERCENT

Fund BUDGET BUDGET CHANGE CHANGE

Education 229,749,178$ 243,890,213$ 14,141,035$ 6.15%

Cafeteria 4,949,400 5,153,400 204,000 4.12%

O&M 30,430,737 28,616,990 (1,813,747) -5.96%

Land Cash - - - -

Debt Svs 4,614,371 4,292,785 (321,586) -6.97%

Transportation 13,669,575 13,911,140 241,565 1.77%

IMRF/SS 8,746,839 9,020,670 273,831 3.13%

Working Cash - - - -

Tort 1,476,850 1,415,000 (61,850) -4.19%

Total 293,636,950$ 306,300,198$ 12,663,248$ 4.31%

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Budget Highlights - Expenditures

FY 2021 FY 2022 DOLLAR PERCENT

BUDGET BUDGET CHANGE CHANGE

Salaries & Benefits 223,796,881$ 235,677,492$ 11,880,611$ 5.31%

Professional Svs 22,657,227 25,020,309 2,363,082 10.43%

Supplies & Utilities 15,197,320 16,166,750 969,430 6.38%

Capital Outlay 10,533,296 8,422,879 (2,110,417) -20.04%

Debt Svs Payments 4,614,371 4,292,785 (321,586) -6.97%

Tuition/Other 8,873,054 8,583,636 (289,418) -3.26%

Non Capital Equipment 5,839,800 6,011,347 171,547 2.94%

Contingency 2,125,000 2,125,000 - 0.00%

Total 293,636,950$ 306,300,198$ 12,663,248$ 4.31%

Questions

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@Naperville Community Unit School District 203