District Budget Santa Rosa County School Board FISCAL

District Budget Santa Rosa County School Board FISCAL YEAR JULY 1, 2019 – JUNE 30, 2020 PROPOSED/TENTATIVE BUDGET Budget PRESENTED JULY 23, 2019– June 30, 18

Santa Rosa County School District Proposed/Tentative Budget FY 2019 -2020 Budget Information – This is a “proposed/tentative” budget and will change during the year. The proposed/tentative budget is approved for advertising on July 23, 2019. The “first” public hearing on the budget is August 1, 2019. The “final” public hearing is on September 10, 2019. – The projected Unweighted FTE for 2019/2020 is 28, 359. This is an increase of 423 students for the 2019 -2020 school year. – The District is self-insured for health insurance. The Board contributed approximately $16, 550, 000 toward employees’ health, life, and dental insurances for fiscal year 2018/2019. – In 2018/2019 the District collected $9, 087, 051 in sales tax revenue. Sales tax collections increased by $708, 393 over the prior year. The additional funds will help with capital projects in 2019/2020. Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Proposed/Tentative Budget FY 2019 -2020 Fund Balance Categories The five categories of fund balance are: 1. Non-spendable- Portion of fund balance that cannot be spent because of the form. (Inventories) 2. Restricted- Portion of fund balance that reflects resources that are subject to externally enforceable legal restrictions. (State categoricals, donations, State and Federal projects) 3. Committed- Portion of fund balance that represents resources that have been earmarked or whose use is constrained by limitations that the governing body has imposed upon it. (School based budgets and seven period day resolution ) 4. Assigned- Portion of fund balance that is constrained by the governments intent to be used for specific purposes, but are not restricted or committed. (Board projects such as: steam initiatives, utilities, OT/PT/Speech contracts, etc. ) 5. Unassigned- Portion of fund balance that is available for the Board to use as needed. Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa School District Proposed/Tentative Budget 2019 -2020 DCD by District Based on Geography 2016 -2017 -2018 -2019 BAY 0, 9636 0, 9673 0, 9713 ESCAMBIA 0, 9696 0, 9729 0, 9755 2017 -2018 OKALOOSA 0, 9875 0, 9896 0, 9927 2018 -2019 -2020 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement) SANTA ROSA 0, 9661 0, 9713 0, 9751 WALTON 0, 9653 0, 9721 0, 9801

Santa Rosa School District Proposed/Tentative Budget 2019 -2020 District Cost Differential (Cost of Living Factor) 1, 0700 1, 0500 1, 0300 1, 0100 0, 9900 0, 9700 0, 9500 0, 9300 2014 2015 2016 District Cost Differential-Santa Rosa 2017 2018 2019 District Cost Differential-Highest District Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement) 2020

Santa Rosa County School District Comparison of Santa Rosa’s funding per student to other school districts for 2019 -2020 State & Local Funds per UFTE Santa Rosa Escambia Okaloosa Walton Bay Monroe Osceola State Total $ $ $ $ 7, 548. 89 7, 580. 95 7, 700. 67 8, 306. 44 7, 678. 29 10, 031. 94 7, 362. 30 7, 676. 87 2019 -2020 Diff. from Santa Rosa per UFTE $ $ $ $ 32. 06 151. 78 757. 55 129. 40 2, 483. 05 (186. 59) 127. 98 $ $ $ $ 2019 -2020 Santa Rosa UFTE 28, 358. 90 times Diff. /UFTE 909, 186. 33 4, 304, 313. 84 21, 483, 284. 70 3, 669, 641. 66 70, 416, 566. 65 (5, 291, 487. 15) 3, 629, 372. 02 % Difference from Highest per UFTE to lowest % Difference from Okaloosa per UFTE to Santa Rosa % Difference from Walton per UFTE to Santa Rosa % Difference from Escambia per UFTE to Santa Rosa is funded 52 nd out of 67 counties as of the 2019 -2020 2 nd calc. Santa Rosa was funded 52 nd out of 67 counties for 2018 -2019. Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement) 36. 26% 2. 01% 10. 04% 0. 42%

Santa Rosa County School District Proposed/Tentative Budget 2019 -2020 Proposed Property Tax Effect Type of Tax Millage Required Local Effort Board Option Total Operating Capital Outlay Total Millage Total Required by the State Total Board Option Actual Tax Roll Amount Value of 1/10 Mill $ Additional $ if 1. 50 Mills in Capital Outlay Tax Millage 2018 -2019 Tax Millage 2019 -2020 DIFFERENCE % CHANGE 4. 151 3. 943 -0. 208 -5. 01% 0. 000 -0. 208 0. 000 910, 254, 657 87, 384 0. 00% -4. 25% 0. 00% -3. 30% -5. 01% 0. 00% 8. 54% 0. 748 4. 899 4. 691 1. 400 6. 299 6. 091 4. 151 3. 943 2. 148 10, 655, 143, 028 11, 565, 397, 685 1, 022, 894 $ 1, 110, 278 $ $ 1, 110, 278 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Proposed/Tentative Budget FY 2019 -2020 Millage Rate Breakdown--2019 -2020 [CATEGORY NAME] [VALUE] 12. 28% State Required. 748 Mill Compression Capital Outlay [CATEGORY NAME] [VALUE] 22. 98% Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Proposed Tax Changes Proposed/Tentative Budget FY 2019 -2020 Tax Amounts for varied home values (Assuming $ 25, 000 Homestead Exemption and no increase in value) Rounding may vary amounts slightly 2018 -2019 -2020 INC(DEC) LAST YEAR TOTAL PER LOCAL YR % Inc(Dec) THIS YEAR REQ. BY STATE $ 50, 000 HOUSE $ 157. 48 $ 152. 28 $ (5. 20) $ - $ (5. 20) -3. 30% $ 75, 000 HOUSE $ 314. 95 $ 304. 55 $ (10. 40) $ - $ (10. 40) -3. 30% $ 100, 000 HOUSE $ 472. 43 $ 456. 83 $ (15. 60) $ - $ (15. 60) -3. 30% $ 150, 000 HOUSE $ 787. 38 $ 761. 38 $ (26. 00) $ - $ (26. 00) -3. 30% $ 200, 000 HOUSE $ 1, 102. 33 $ 1, 065. 93 $ (36. 40) $ - $ (36. 40) -3. 30% Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement) 9

Santa Rosa County School District Total Available Budget by Fund Type Proposed/Tentative Budget 2019 -2020 0% 9% 9% Operating Debt Service Capital Outlay Special Revenue Trust & Agency Proprietary 12% 2% 68% Total Available Operating Debt Service Capital Outlay Special Revenue Proprietary Trust & Agency Total Budget-All Parts $ $ $ 2018 -2019 256, 528, 145 10, 939, 774 48, 696, 875 35, 105, 796 29, 375, 501 485, 032 $ 381, 131, 123 $ $ $ 2019 -2020 257, 269, 646 9, 468, 240 45, 110, 525 32, 997, 876 32, 465, 987 545, 220 $ 377, 857, 494 $ $ $ Inc/(Dec) 741, 501 (1, 471, 534) (3, 586, 350) (2, 107, 920) 3, 090, 486 60, 188 % Change 0. 29% -13. 45% -7. 36% -6. 00% 10. 52% 12. 41% $ (3, 273, 629) -0. 86% Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Budgeted Revenue Proposed/Tentative Budget 2019 -2020 Revenue by Type – Operating Only [CATEGORY NAME] [PERCENTAGE] 0% [CATEGORY NAME] [PERCENTAGE] Federal Revenue from State Revenue from Local Total FY 2019 -2020 $ 2, 550, 048 $164, 091, 794 $ 57, 275, 929 $223, 917, 771 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Budgeted Revenue Proposed/Tentative Budget 2019 -2020 Revenue by Type – Total Budget 0% Federal 8% Revenue from Local 36% Revenue from State 56% Federal Revenue from State Revenue from Local Total FY 2019 -2020 $ 24, 814, 147 $ 164, 923, 821 $ 105, 994, 369 $ 295, 732, 337 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Numbers of Employees Budgeted 2019 -2020 Includes all Budget Parts Supt. & Bd Administrators Classified & Blue Collar Instructional Series 1 Instructional 66% Classified & Blue Collar 31% Administrators 3% Supt. & Bd 0% Full Time Equivalent 2018 -2019 -2020 Increase Instructional Supt. & Board Classified & Blue Collar Admin. (Principals, Asst. Princ. , District) Total Allocated 2, 069 6 968 96 3, 139 Allocated 2, 094 6 1015 96 3, 211 (Decrease) 25 0 47 0 72 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Budgeted Expenditures FY 2019 -2020 Total Budgeted Expenses – Operating Budget Only 58% Salaries Employee Benefits Purchased Services Energy Services Material & Supplies Capital Outlay 17% Other Expenses 17% Transfers 3% 4% Salaries Employee Benefits Other Total Operating Budget 1% 0% 0% Budget 2019 -2020 $136, 097, 161 $ 39, 775, 947 $ 59, 780, 080 $235, 653, 188 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Budgeted Expenditures FY 2019 -2020 Total Budgeted Expenses - All Budget Parts 44% Salaries Employee Benefits Purchased Services Energy Services Material & Supplies Capital Outlay 15% Other Expenses 12% 11% 2% 4% Salaries Employee Benefits Other Total All Budgets Transfers 9% 3% Budget 2019 -2020 $145, 997, 860 $ 40, 868, 968 $147, 962, 268 $334, 829, 096 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa County School District Proposed/Tentative Budget 2019 -2020 Budgeted Fuel and Electricity History 6000000 5000000 4000000 3000000 2000000 1000000 0 2013 2014 2015 Electricity 2016 Gasoline, Unleaded 2017 2018 Diesel Fuel Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement) 2019 2020

Santa Rosa County School District Proposed/Tentative Budget 2019 -2020 Unassigned & Assigned Fund Balance Based on Geography 2015 -2016 -2017 -2018 Bay $24 591 323 $24 844 958 $24 515 939 Escambia $35 034 107 $33 566 169 $32 699 353 2015 -2016 Okaloosa $45 334 756 $44 323 422 $46 382 042 2016 -2017 Santa Rosa $18 918 599 $17 122 800 $18 571 100 2017 -2018 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement) Walton $13 163 242 $22 244 570 $28 770 020

Santa Rosa School District Proposed/Tentative Budget 2019 -2020 Financial Condition Ratio % Based on Geography 2015 -2016 -2017 -2018 Bay 11, 85 11, 87 11, 46 Escambia 11, 9 11, 28 10, 91 2015 -2016 Okaloosa 19, 2 18, 76 18, 79 2016 -2017 -2018 Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement) Santa Rosa 9, 6 8, 57 8, 83 Walton 17, 3 27, 07 33, 05

Santa Rosa County School District Fiscal Year 2019 -2020 Proposed/Tentative Budget Summary Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

20 Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

21 Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

Santa Rosa County School District Fiscal Year 2019 -2020 Capital Outlay Project Priority List Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

23 Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

24 Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

25 Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

26 Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

27 Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

Santa Rosa County School District Fiscal Year 2019 – 2020 Certification of School Taxable Value Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

Santa Rosa County School District Fiscal Year 2019 – 2020 Budget Ads Santa Rosa Sch Bd Bdgt - FY 2019 -2020 (Presented July 23, 2019 for Advertisement)

31 Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)

Santa Rosa Sch Bd Bdgt - FY 2017 -2018 (Presented July 21, 2017 for Advertisement)