Details for Budget Hearing 2019-20

JOINT SCHOOL DISTRICT NO. 1
VILLAGE OF SILVER LAKE - TOWN OF SALEM
NOTICE OF BUDGET HEARING
Notice is hereby given to the qualified electors of the Joint School District 1 Silver Lake-Salem, County of Kenosha, and the State
of Wisconsin, that the budget hearing will be held at the Riverview School Library on the fourth Monday, being the 23rd day of
September, 2019 at 7:00 P.M.
The summary of the budget is printed below. Detailed copies of the budget are available for inspection in the School
Administration Office at 300 E. Prosser Street, Silver Lake, WI.
A majority of the School Board will attend and participate in the budget hearing.
Dated this 6th day of September 2019.
Cheryl Masnova
Clerk

September-19
BUDGET PUBLICATION, 2019-20
Required Published Budget Summary Format
A budget summary, notice of the place where the budget in detail may be examined, the time and place for a public hearing
on the budget must be published or distributed under s. 65.90. The required minimum detail for the published summary is as
follows:
GENERAL FUND
Beginning Fund Balance
Ending Fund Balance
REVENUES & OTHER FINANCING SOURCES
Transfers-In (Source 100)
Local Sources (Source 200)
Inter-district Payments (Source 300 + 400)
Intermediate Sources (Source 500)
State Sources (Source 600)
Federal Sources (Source 700)
All Other Sources (Source 800 + 900)
TOTAL REVENUES & OTHER FINANCING SOURCES
EXPENDITURES & OTHER FINANCING USES
Instruction (Function 100 000)
Support Services (Function 200 000)
Non-Program Transactions (Function 400 000)
TOTAL EXPENDITURES & OTHER FINANCING USES
SPECIAL PROJECTS FUND
Beginning Fund Balance
Ending Fund Balance
REVENUES & OTHER FINANCING SOURCES
EXPENDITURES & OTHER FINANCING USES
DEBT SERVICE FUND
Beginning Fund Balance
Ending Fund Balance
REVENUES & OTHER FINANCING SOURCES
EXPENDITURES & OTHER FINANCING USES
CAPITAL PROJECTS FUND
Beginning Fund Balance
Ending Fund Balance
REVENUES & OTHER FINANCING SOURCES
EXPENDITURES & OTHER FINANCING USES
FOOD SERVICE FUND
Beginning Fund Balance
Ending Fund Balance
REVENUES & OTHER FINANCING SOURCES
EXPENDITURES & OTHER FINANCING USES
COMMUNITY SERVICE FUND
Beginning Fund Balance
Ending Fund Balance
REVENUES & OTHER FINANCING SOURCES
EXPENDITURES & OTHER FINANCING USES
PACKAGE & COOPERATIVE PROGRAM FUND
Beginning Fund Balance
Ending Fund Balance
REVENUES & OTHER FINANCING SOURCES
EXPENDITURES & OTHER FINANCING USES

Audited
2017-18
2,367,753.55
2,419,292.33

Unaudited
2018-19
2,419,292.33
2,252,341.64

Budget
2019-20
2,252,341.64
2,078,298.09

92.79
2,081,604.12
611,305.15
0.00
2,797,186.45
175,892.84
10,660.71
5,676,742.06

0.00
1,864,222.54
641,661.03
0.00
2,835,874.62
156,137.87
14,286.00
5,512,182.06

0.00
1,705,245.00
663,183.00
0.00
3,028,310.00
134,963.00
0.00
5,531,701.00

3,015,776.03
1,728,446.30
880,980.95
5,625,203.28

2,879,606.22
1,722,465.70
1,077,060.83
5,679,132.75

2,959,507.00
1,664,317.55
1,081,920.00
5,705,744.55

Audited
2017-18
0.00
0.00
693,399.55
693,399.55

Unaudited
2018-19
0.00
0.00
731,163.98
731,163.98

Budget
2019-20
0.00
0.00
748,961.00
748,961.00

Audited
2017-18
120,388.88
115,739.12
538,994.00
543,643.76

Unaudited
2018-19
115,739.12
110,914.36
539,544.00
544,368.76

Budget
2019-20
110,914.36
110,914.36
539,794.00
539,794.00

Audited
2017-18
0.00
0.00
0.00
0.00

Unaudited
2018-19
0.00
0.00
0.00
0.00

Budget
2019-20
0.00
0.00
0.00
0.00

Audited
2017-18
4,252.99
12,916.38
208,231.12
199,567.73

Unaudited
2018-19
12,916.38
24,368.72
204,902.67
193,450.33

Budget
2019-20
24,368.72
24,368.72
210,000.00
210,000.00

Audited
2017-18
0.00
0.00
0.00
0.00

Unaudited
2018-19
0.00
0.00
0.00
0.00

Budget
2019-20
0.00
0.00
0.00
0.00

Audited
2017-18
0.00
0.00
0.00
0.00

Unaudited
2018-19
0.00
0.00
0.00
0.00

Budget
2019-20
0.00
0.00
0.00
0.00

Unaudited
2018-19
7,148,115.82
0.00
0.00
7,148,115.82

Budget
2019-20
7,204,499.55
0.00
0.00
7,204,499.55

1.22%

0.79%

Unaudited
2018-19
1,801,759.00
0.00
539,544.00
0.00
0.00
2,341,303.00

Budget
2019-20
1,650,945.00
0.00
539,794.00
0.00
0.00
2,190,739.00

-8.81%

-6.43%

Total Expenditures and Other Financing Uses
Audited
ALL FUNDS
2017-18
GROSS TOTAL EXPENDITURES -- ALL FUNDS
7,061,814.32
Interfund Transfers (Source 100) - ALL FUNDS
0.00
Refinancing Expenditures (FUND 30)
0.00
NET TOTAL EXPENDITURES -- ALL FUNDS
7,061,814.32
PERCENTAGE INCREASE – NET TOTAL FUND
EXPENDITURES FROM PRIOR YEAR

FUND
General Fund
Referendum Debt Service Fund
Non-Referendum Debt Service Fund
Capital Expansion Fund
Community Service Fund
TOTAL SCHOOL LEVY
PERCENTAGE INCREASE -TOTAL LEVY FROM PRIOR YEAR

PROPOSED PROPERTY TAX LEVY
Audited
2017-18
2,028,410.00
0.00
538,994.00
0.00
0.00
2,567,404.00

The below listed new or discontinued programs have a financial impact on the proposed 2019-20 budget:
DISCONTINUED PROGRAMS
FINANCIAL IMPACT
NEW PROGRAMS

FINANCIAL IMPACT

ENERGY EFFICIENCY EXEMPTION
§ 121.91 (4) (o) Revenue Limit Exemption for Energy Efficiencies-Evaluation of the Energy Performance Indicators
Name of Qualified Contractor
Nexus Solutions
Performance Contract Length (years)
20
Total Project Cost (including financing)
$10,196,156
Total Project Payback Period
18.8
Years of Debt Payments
20
Remaining Useful Life of the Facility
40
Prior Year Resolution Expense Amount
Fiscal Year
2019
$539,544
Prior Year Related Expense Amount or CY debt levy
Fiscal Year
2019
$521,837
Utility Savings applied in Prior Year to Debt
Fiscal Year
2019
$17,707
Sum of reported Utility Savings to be applied to Debt
$18,415
Savings Reported for 20XX
Project Cost
Utility Cost
Non-Utility
Specific Energy Efficiency Measure or Products
Including
Savings
Cost Savings
Financing
Riverview - Building Control System Modifications
$179,600
$6,740
$9,959
Riverview - Building Envelope Improvements
$3,485,278
$1,606
$151,707
Riverview - Electrical Infrastructure Improvements
$2,218,482
$3,954
$125,904
Riverview - HVAC Systems Enhancements
$3,273,471
$5,687
$136,924
Riverview - Plumbing System Modifications
$1,039,325
$427
$44,880
Entire Energy Efficiency Project Totals
$10,196,156
$18,414
$469,374
Published: September 12, 2019
WNAXLP

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