2015-16 Annual Budget Report

INTRODUCTORY SECTION

Education Overview

Economics & The Budget

Overview of The Budget Process

The Importance of a Structurally Sound Budget

ORGANIZATIONAL SECTION

District Governance Structure & Board of Education

Strategies for Obtaining Collective Input

53A-3-4 Powers & Responsibilities of Local School Boards

Role of Superintendent as Chief Academic & Budget Officer

A "Results" Driven Budget Process

Communication Strategies After Budget Decisions Are Made

53A-19-1-101 Superintendent as Budget Officer

Role of Business Administrator as Chief Financial Officer

53A-3-303 Duties of Business Administrator

Decision Rights & Accountabilities

District Guiding Strategic Goals

District Mission, Vision, & Values

District Belief Statements

Board of Education Financial Policies

District Guiding Financial Management & Budget Principles

District Guiding Financial Management & Budget Procedures

Reference GFOA: Best Practices in School Budgeting

District Accounting Policies & Procedures Handbook

Budget Timeline

Governmental Funds

Revenue Methodology & Classifications

Expenditure Methodology & Classifications

Relationship of Programs to Governmental Funds

FINANCIAL SECTION

Major Governmental Funds:

General Fund:

Budget - Expenditures by Function

Budget - Expenditures by Object

Major Revenue Sources

Major Expenditures by Function & Object

Expenditures by Program

Budget Forecast - Expenditures by Object

Capital Projects Fund:

Budget - Expenditures by Program & Object

Expenditures by Program

Budget Forecast & 10-Year Sustainability Analysis

Capital Expenditure Disclosures & Explanations

"Pay-As-You Go" Capital Improvements

Debt Services Fund:

Budget & Forecast - Expenditures by Function & Object

Debt Services Fund - Fund Balance Plan

General Obligation Bond Payment Schedules

Legal Debt Limit & Margin

General Obligation Debt Ratios

General Obligation Debt by Type

District Credit Ratings

Supplementary Financial Section Information:

Impact of Budget on Local Taxpayers

Assessed Taxable Value of Taxable Property

Estimated Market Value of Taxable Property

Summary - Assessed Taxable Value & Estimated Market Value of Taxable Property

Property Tax Rates - Direct, Overlapping, & Underlying

Property Tax Levies & Collections

Principal Property Taxpayers by Individual Properties

INFORMATIONAL & STATISTICAL SECTION

Levels of Student Learning

School Key Performance Indicators - Overview & Visualization

School Student Achievement & Assessment Statistics

School Class Size Trends

School Enrollments, Projections, & Demographic Trends

School Staffing Statistics

FY2014 General Fund, Fund Balance Comparison - Utah School Districts

2015-16 School Fees - Board of Education Approved April 7, 2015

Utah School Fees & Fee Waiver Resources

School Fees Frequently Asked Questions

Pre-school Fees

Chromebook Repair & Replacement Fee

Beaver High School Student Fees

Milford High School Student Fees

SWATC High School Fees

2015-16 Food Service Fees - Board of Education Approved April 7, 2015

Food Service Price Comparison Between School Districts

Adult Education Fees