School District Budget UP UP UP again

Budget Hearing   18 June

WSD found they took in an extra $1 Million in this current fiscal year AND that they are forecasting an increase in revenue for FY 14 of $2.5 Million.  Result: Expenditures will increase next year by $3.5 million or 6.6%       Total Salaries increase 5.6% and benefits are double that at 11.7%;  In 2011 benefits were 50% of salary, next year nearly 60%. 

Taxpayers asked for a tax cut last year.      (note the comment from the Supt:   ""We've been very fiscally conservative;  In my mind, over the last four years we've been in a rainy day."   


If you missed it here's a little WSD finance history          There could be more, but would anyone listen?    At least anyone in authority to decide?

Here's a nutshell overview.

	FY 2011	Increase	FY 2012	Increase	FY 2013	Increase	FY 2014	3 yr Inc
General Fund		2011/12		2012/13		2013/14	Proposal	2011/14
Salaries	$19,894,882	3.2%	$20,531,220	3.1%	$21,165,440	5.6%	$22,353,366	12.4%
Benefits	$9,950,833	5.6%	$10,510,402	11.8%	$11,752,859	11.7%	$13,126,153	31.9%
	50.0%	2.3%	51.2%	8.5%	55.5%	5.7%	58.7%
Contracted Services	$723,296	7.8%	$780,069	8.0%	$842,153	-21.2%	$663,662	-8.2%
Eqpt -CapProj	$1,021,355	3.3%	$1,055,411	56.0%	$1,646,523	31.7%	$2,168,229	112.3%
Supp – CapProj	$27,579	20.3%	$33,170	1104.6%	$399,578	110.7%	$841,921	2952.8%
Revenues
Local	$30,832,202	4.4%	$32,181,894	0.0%	$32,190,597	1.8%	$32,760,568	6.3%
State	$15,813,888	6.0%	$16,757,354	13.3%	$18,993,744	10.3%	$20,953,507	32.5%
Federal	$3,700,226	-23.5%	$2,830,463	2.5%	$2,900,997	-1.3%	$2,862,818	-22.6%
Total	$50,346,316	2.8%	$51,769,711	4.5%	$54,085,338	4.6%	$56,576,893	12.4%
Expenditures	$50,991,791	1.9%	$51,940,584	2.2%	$53,061,453	6.6%	$56,576,893	11.0%
	-$645,475		-$170,873		$1,023,885		$0
Tot Gen Fund	$34,852,145	0.7%	$35,103,306	5.4%	$36,999,626	5.7%	$39,111,295	12.2%
Genl Fund Bal	$5,669,842	-9.9%	$5,109,812	6.3%	$5,429,799	0.0%	$5,429,799	-4.2%
	16.3%		14.6%		14.7%		13.9%