Final Budget 2020

CSCHOOL DISTRICTFinal Budget Fiscal Year 20207/1/19 - 6/30/20Presented on February 19, 2020

Capital School District Final Budget Revenues Fiscal Year 2020 DIVISION I UNITS (533.62) DIVISION II UNITS (573.48) DIVISION II VOC UNITS (63.46) DIVISION III UNITS (533.62) DIVISION I (SALARIES)001 State Salaries, OEC's, and Benefits (00137) 56,977,783 56,977,783 60,994,784 002 Child Nutrition Salaries (05116) 980,054 980,054 914,630 003 TOTAL DIVISION I 57,957,837 - - - - 57,957,837 61,909,414 004 005 DIVISION II (SUPPLIES/MATERIALS)006 Division II (05165, 05265) $2,925/Unit - 173,980 1,179,134 1,353,114 1,131,650 007 Div II - Academic Excellence $2,925/Unit 74,354 74,354 74,354 008 Div II - Energy (00159) $2,387/Unit 1,490,825 1,490,825 1,368,897 009 TOTAL DIVISION II - 173,980 2,744,313 - - 2,918,293 2,574,901 010 011 DIVISION III (EQUALIZATION)012 Division III (05186) 9,209,547 9,209,547 8,737,854 013 Div III - Reading Cadre & Visiting Teacher 44,388 44,388 44,388 014 Div III - 40% of Related Serv.(Regular & Basic) 35,925 35,925 35,096 015 Div III - Academic Excellence 381,885 381,885 376,114 016 TOTAL DIVISION III - - 9,671,745 - - 9,671,745 9,193,452 017 018 TRANSPORTATION019 Homeless Transp (05149) 950,000 950,000 720,898 020 Regular District (05150) 1,358,880 1,358,880 1,165,905 021 Transportation Supplies (05160) 1,000 1,000 1,000 022 Contractors (05152) 2,676,747 2,676,747 2,576,459 023 TOTAL TRANSPORTATION - 4,986,627 - - - 4,986,627 4,464,262 024 025 INSTRUCTIONAL & PASS THRU FUNDING026 Opportunity Grant 1,304,084 558,000 1,862,084 - 027 Academic Excellence Option (05194) - - - 028 Odyssey of the Mind (05125) - - - 029 Drivers Ed (05142) 26,464 26,464 23,062 030 Acc Acad Framework (05155) - - - 031 Teacher of the Year (05162) - - - 032 Unique Alternatives (05181) 307,155 307,155 307,155 033 Related Services (05190) 206,690 206,690 193,048 034 Technology - State Testing ($128,071) - - - 035 Professional Development (05205) 79,767 79,767 80,288 036 Teacher on Loan (05208) - - - Page 4Div I Other State Local Tuition TotalOther Local FY 19 Budget

Div I Other State Local Tuition Other Local Total Total 037 Educ Accntab (05215) 1,987 1,987 1,987 038 Professional Accountability (05225) 35,895 35,895 35,895 039 Technology Block Grant (05235) 117,700 117,700 201,543 040 Sequestration Funds (00254) - - - 041 Immersion Funds (00231) 55,000 55,000 55,000 042 College Access (00368) - - 043 LEP (0233) - - - 044 Education Block Grant (00574) - - - 045 School Improvement (05244) 353,000 353,000 - 046 Educator Prep 77,000 77,000 - 047 CSCRP (62501) 72,100 72,100 72,100 048 TOTAL INSTR/PASS THRU - 2,564,742 - - 630,100 3,194,842 970,078 049 Safety and Security 267,903 267,903050 State Stipends (05193) - - - 051 Pass Thru (05128) - - - 052 State Ed Sustainment funds (05289) 1,537,975 1,537,975 1,505,939 053 Major Cap Bonds Sold - - - 054 Tax Relief (05287) - - - 055 TOTAL STATE FUNDS 57,957,837 7,993,252 13,954,033 - 630,100 80,535,222 80,618,045 056 057 LOCAL FUNDS058 Choice (98000) (851,321) (159,119) (1,010,440) (767,800) 059 Charter (98000) (1,350,680) (380,102) (1,730,781) (1,567,778) 060 Building Rent (98059) 92,733 92,733 92,733 061 CSCRP Funds (98041,91339) - 48,844 - 48,844 48,844 062 Child Nutrition (91102,91104) 4,028,472 4,028,472 4,028,472 063 Miscellaneous Local (98029,91314,91381,91352,91385,91200) 54,341 75,227 129,568 129,568 064 Tuition paid from other districts (91050) 834,046 834,046 834,046 065 Indirect Cost (91691) 285,371 285,371 285,371 066 067 Property Tax Receipts (98000) 13,295,498 13,295,498 11,436,456 068 Tuition Tax Receipts (91050) 5,318,199 5,318,199 4,938,470 069 Minor Cap (91150) 607,424 404,949 1,012,373 775,034 070 Reading & Math Specialist Match (91211) 239,319 239,319 233,928 071 Technology Tax Receipts (91210) 239,319 239,319 233,928 072 Extra Time Tax Receipts (91214) 200,430 200,430 195,914 073 Debt Service (Local) (91000,91001) 7,026,472 7,026,472 6,870,719 074 Interest Income 133,256 23,863 157,119 157,119 075 Miscellaneous 86,615 86,615 86,615 076 TOTAL LOCAL FUNDS - 607,424 11,794,658 5,613,025 12,238,051 30,253,157 28,011,639 077 078 TOTAL PROJECTED REVENUES 57,957,837 8,600,676 25,748,691 5,613,025 12,868,151 110,788,379 108,629,684 079 080 BEGINNING BALANCE/RESERVE - - 6,918,553 972,798 8,462,296 16,353,647 20,344,045 081 082 TOTAL AVAILABLE FUNDS 57,957,837 8,600,676 32,667,244 6,585,823 21,330,447 127,142,026 128,973,729 Page 5

Div I 49.01% 57,957,836.73 Other State 19.07% 22,554,709.40 Construction 0.00% - Local 9.97% 11,794,657.71 Tuition 4.75% 5,613,024.71 Debt Service 5.94% 7,026,472.00 Other Local 1.53% 1,813,207.00 Federal 6.32% 7,471,623.00 Food Service 3.41% 4,028,471.62100.00% 118,260,002.17Page 6 Revenue GraphCapital School District Final Budget Revenue Graph Fiscal Year 2020 Percentage of RevenuesDiv I 49% Other State 19% Construction 0% Local 10% Tuition 5% Debt Service 6% Other Local 2% Federal 6% Food Service 3%

FY 16 11,087,284 FY 17 11,279,817 FY 18 11,434,477 FY 19 11,436,456 FY 20 Projection 13,295,498 The District's State Funds will be reduced by $1,360,254.52,064 as a result of the State's budget cut. Page 7 Local Tax Revenue GraphCapital School District Final Budget Local Tax Revenues Fiscal Year 2020 Local Tax Revenues1,000,0003,000,0005,000,0007,000,0009,000,00011,000,000 FY 16 FY 17 FY 18 FY 19 FY 20 Projection

Empl. Div I Other State Local Tuition Other Local TotalFY 19 BudgetSalari41 Administrative/Instructional Support 2,530,160 1,943 1,974,097 111,877 48,003 4,666,080 4,293,134 44 Clerical 1,443,328 - 491,081 23,862 12,670 1,970,942 1,952,979 557 Instructional (Teacher & Other Positions) 23,663,397 658,764 9,358,229 2,183,332 227,792 36,091,514 38,373,105 - EPER 53,007 28,344 856,230 62,877 63,198 1,063,656 787,639 168 Aides/Interventionists 4,215,024 171,202 450,451 379,478 1,085 5,217,240 4,443,770 87 Custodial & Maintenance 2,387,315 11,996 932,371 41,647 58,092 3,431,421 3,593,852 100 Child Nutrition 980,054 - - - 881,690 1,861,744 914,630 - Vacation Lve Termination 94,663 5,688 34,040 11,071 6,099 151,560 197,852 Sick Lve Termination 102,908 - 15,924 1,308 574 120,714 167,763997 Total Salaries 35,469,856 877,937 14,112,424 2,815,451 1,299,203 54,574,871 54,724,724s and BenefitsPension - ER Share 8,165,470 - 3,168,741 634,931 360,093 12,329,235 12,417,149 Health 10,954,223 - 956,474 247,379 154,729 12,312,804 12,376,270 Workers Comp 560,778 12,985 208,723 41,641 25,928 850,055 848,042 FICA ER Share 2,243,114 55,521 892,470 178,049 105,224 3,474,378 3,460,791 Unemploy Insurance 39,797 985 15,834 3,159 1,840 61,615 61,401 Dental - - 437,217 166,637 32,276 636,130 607,102 Disability - - 11,209 6,477 1,717 19,403 17,756 Medicare ER Share 524,599 12,985 208,723 41,641 24,609 812,557 809,379Total OEC's 22,487,981 82,476 5,899,391 1,319,914 706,415 30,496,177 30,597,890Total Salaries and OEC's 57,957,837 960,413 20,011,815 4,135,365 2,005,618 85,071,048 85,322,614% of Local RevenuesFY 20 77.72% FY 19 83.33% FY 18 83.47% FY 17 81.65% FY 16 79.67% FY 15 78.09% FY 04 78.91% Page 8 Salaries and OEC'sCapital School District Final Budget Salaries & OEC's Fiscal Year 2020

IBU Div I Other State Local Tuition Other Local Total FY 19 Budget 001 9130632A East Elementary - 322 41,216 4,096 45,312 55,040 002 9130634A South Elementary - 568 72,704 72,704 72,192 003 9130635A North Elementary - 346 44,288 44,288 46,848 004 9130636A B.T. Washington - 276 35,328 35,328 36,352 005 9130638A Fairview Elem - 287 36,736 36,736 35,968 006 9130640A Hartly Elementary - 292 37,376 37,376 39,680 007 9130642A Towne Point Elem - 288 36,864 36,864 37,888 008 9130644A Central Middle - 961 131,657 3,836 135,493 133,849 009 9130645A Capital Early Childhood - - 237,900 237,900 237,900 010 9130646A Wm. Henry Middle 995 131,340 3,960 135,300 133,320 011 9130648A Dover High School - 1790 286,400 7,200 293,600 291,040 012 Dance 60,000 60,000 60,000 013 Twilight 40,000 40,000 40,000 014 9130650A KCCS 323,140 323,140 323,140 015 Contracted Services (OT,PT) 206,690 206,690 193,048 016 9130655A K.C. ILC 632,300 632,300 632,300 017 99900000 Board of Education 51,460 51,460 61,460 018 99900100 Legal Services 79,000 79,000 69,000 019 99900200 Strategic Planning (Facilities Master Plan) - - 020 99900300 Div III/Local Salaries & OEC's 611,574 19,222,815 4,135,365 2,005,618 25,975,372 24,023,549 021 99910010 Administration 46,676 46,676 46,676 022 99910100 Superintendent 97,597 97,597 101,597 023 Band Uniforms 5,000 5,000 5,000 024 99920000 Curriculum Development 368,761 368,761 368,761 025 95640 Musical Instruments 20,000 20,000 20,000 026 95106 Strings Program 12,000 12,000 12,000 027 95281 Translation Services 2,500 2,500 2,500 028 99920400 Computer Replacement/Technology - - 029 99920500 Professional Dev (05205) 79,767 79,767 80,288 030 99920600 Technology 141,045 141,045 141,045 031 95091 District Website 15,000 15,000 15,000 032 95248 Emergency Notification System 15,555 15,555 15,555 033 95B10 Technology Replacement 250,000 250,000 Capital School District Final Budget Operating Expenses Fiscal Year 2020 DescriptionPage 10

IBU Div I Other State Local Tuition Other Local Total FY 19 BudgetDescription034 99920700 Athletics 241,600 241,600 241,600 035 91308 Central Middle School 59,000 59,000 27,000 036 99920800 Drivers Ed (05142) 26,464 26,464 23,062 037 99921000 Support Services - 80,000 80,000 195,914 038 99920200 Extra Time Match Tax (91214) - 120,000 200,430 320,430 195,914 039 Local Match for Success Grant - - - 536,958 040 99921050 Prvt Placement (05181,91064) 307,155 131,638 438,793 532,754 041 99930200 Tuition paid to other districts (91050) 226,939 226,939 725,124 042 99930300 Special Services 50,723 50,723 50,723 043 Preschool - 4,736 044 99940000 Business Office 36,636 36,636 36,636 045 Buildings Support 135,000 135,000 140,000 046 99940050 Maintenance Contracts - 51,408 047 99940100 Contingency 69,191 69,191 109,191 048 99940200 Div I/Other State Salaries & OE 56,377,783 960,413 57,338,196 61,909,414 049 99940300 Vocational Funds (05265) -050 91310 Dover High School 88,991 88,991 99,404 051 91308 Central Middle School 69,383 69,383 40,457 052 91311 KCCS 3,236 3,236 2,245 053 91312 Kent Sec ILC 12,370 12,370 13,798 054 99940600 Insurance 132,822 132,822 120,822 055 99940700 Private Grants/School Imp 376,572 376,572 438,304 056 95243 School Imp(05244) 353,000 353,000 - 057 99940810 District Wide Radio Communication Equipment - - 058 99940900 Tuition Reimbursement - 72,000 72,000 72,000 059 99950000 Human Resources 50,000 50,000 50,000 060 99960000 Child Nutrition 1,580,054 4,219,946 5,800,000 5,200,000 061 99960100 Building and Grounds 541,265 541,265 541,265 062 99960200 Energy 1,554,468 1,554,468 1,954,468 063 99960300 Transportation 4,986,627 80,436 5,067,063 5,003,024 064 99960350 Baseball/Softball Facility 40,000 40,000 - 065 99960400 Transportation - Local 510,563 510,563066 99960500 Fleet Vehicles 40,000 40,000 81,058 067 99970000 Local Debt Service 6,761,698 6,761,698 6,320,358 068 99970040 Technology Match Tax(91210) 250,000 250,000 366,775 069 E-Rate (98029) 54,341 54,341 54,341 070 Technology Block Grant (05235) 117,700 117,700 201,543 071 99970200 Minor Cap 607,424 404,949 1,012,373 775,034 072 99970600 Early Childhood (now moved to 9130645A) -073 99970680 Resource Officers & S.S.M. (Security) 823,332 119,000 942,332 842,332 074 99980000 Summer School 20,000 20,000 20,000 Page 11

IBU Div I Other State Local Tuition Other Local Total FY 19 BudgetDescription075 99990500 Copy Center 128,752 128,752 128,752 076 99990600 Homebound - - 200,974 240,000 - 440,974 290,000 077 99990700 Autism Program 352,322 352,322 352,322 078 079 080 081 Totals 57,957,837 8,600,676 26,241,985 6,585,822 13,961,641 113,347,961 114,883,818 082 083 Available Funds 57,957,837 8,600,676 32,667,244 6,585,823 21,330,447 127,142,026 128,973,729 084 085 ENDING BALANCE/RESERVE - - 6,425,260 - 7,368,805 13,794,065 14,089,911Page 12

Salaries & OEC's 76.26% 20,011,814.62 Schools 3.64% 953,909.00 Curriculum 1.54% 403,261.00 Extra Time 1.22% 320,430.00 Maintenance 2.06% 541,265.00 Energy 5.92% 1,554,468.00 Transportation 1.95% 510,563.00 Other Budgets 7.42% 1,946,273.94100.00% 26,241,984.56Page 13 Budget GraphCapital School District Final Budget Budget Graph Fiscal Year 2020 Percentage of Local BudgetsSalaries & OEC's 76% Schools 4% Curriculum Dept 3% Extra Time 1% Maintenance 2% Energy 6% Transportation 2% Other Budgets 7%

Total FY 19 Budget 40554 Title I 3,433,914 3,340,232 40114 Title II - TQ 639,290 643,670 40564 IDEA (611) 1,682,264 1,684,678 40564 IDEA (619) 58,384 57,027 40560 Title III - English Language & Immigrant 33,567 35,986 41015 Perkins 234,858 234,858 40240 21st Century Community Lrn 1,010,00040532 Title IV 379,346 351,763 Total Federal Funds 7,471,623 6,348,214 Fiscal Year 2020 Revenues 110,788,379 108,629,684 Total Budget 118,260,002 114,977,898 Page 14Fiscal Year 2020 Capital School District Final Budget Other Funds

FY 19 FinalDescription Budget Budget 95482 Travel $4,500 $4,500 95408 Dues Conference Fees $13,390 $13,390 95000 Monthly Meeting Expenses $2,060 $2,060 95457 Stenographer $10,300 $10,300 99533 Other Contractual $17,060 $17,060 95493 Supplies and Materials $5,150 $5,150 95092 Board Docs.com $9,000 $9,000Total $61,460 $61,460 Page 15 Board BudgetCapital School District Board of Education (99900000) Final Budget Fiscal Year 2020

Balance as of 6/13/19Turf Field Replacement 150,025.87 Band Uniforms 20,000.00 Property Purchase 47,927.40 Page 16 BalancesCapital School District Future Allocations/Reserves Final Budget Fiscal Year 2020

Actual Projected Projected Projected Projected Projected FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 BEGINNING RESERVE 9,092,140 6,918,553 6,425,260 7,069,734 7,067,097 6,457,342REVENUES:Local Current Expense Taxes 11,652,901 13,295,498 14,867,517 15,260,522 15,784,529 16,439,537 Local Choice Revenue (658,481) (851,321) (681,057) (715,110) (750,866) (788,409) Local Charter Payments (1,296,270) (1,350,680) (1,376,743) (1,416,177) (1,456,741) (1,498,466) Local Interest 292,113 133,256 114,211 111,927 109,688 107,494 Miscellaneous Local 289,711 282,533 328,681 335,255 341,960 348,799 Indirect 189,009 285,371 264,901 270,199 275,603 281,115 Division II 2,437,551 2,744,313 2,764,211 2,819,495 2,875,885 2,933,403 Division III 8,463,376 9,671,745 9,933,813 9,933,813 9,933,813 9,933,813 Tax Relief - - - - - - Ed Sustainment Fund 1,505,848 1,537,975 1,553,355 1,561,122 1,568,927 1,576,772 Cash Options - - - - -TOTAL REVENUES 22,875,758 25,748,691 27,768,889 28,161,046 28,682,798 29,334,058 -1.10% 12.56% 7.85% 1.41% 1.85% 2.27%Total Available Funds 31,967,898 32,667,245 34,194,149 35,230,779 35,749,895 35,791,400 EXPENDITURES 86.33% 77.46% 74.46% 76.67% 78.61% 79.86% Salaries 13,975,183 14,045,059 14,747,312 15,484,678 16,258,912 17,071,858 OEC's 5,772,949 5,899,391 5,928,888 6,106,755 6,289,958 6,352,858 Travel 24,135 36,206 53,345 54,503 56,138 56,699 Contractual Services 3,713,293 3,824,692 3,876,199 3,944,420 4,062,752 4,083,066 Supplies and Materials 1,492,455 1,908,947 1,950,371 1,992,694 2,032,548 2,052,873 Capital Outlay 71,329 527,691 568,301 580,633 592,246 598,168TOTAL EXPENDITURES 25,049,345 26,241,985 27,124,415 28,163,682 29,292,553 30,215,523 3.76% 4.76% 3.36% 3.83% 4.01% 3.15%ENDING RESERVE 6,918,553 6,425,260 7,069,734 7,067,097 6,457,342 5,575,877 Page 17 Five Year ProjectionCapital School District Actual FY 19 - Projected FY 24 Local Budget

Year Rate FY Interest Principal Interest Principal Interest Principal Interest Principal 18 19 20 13,545 252,710 39,731 361,195 54,885 392,035 21 23,839 361,195 39,204 392,035 22 7,946 361,195 23,522 392,035 23 7,841 392,035 24 Original 1,783,601 3,260,400 2,844,504 5,054,200 3,337,442 7,223,900 3,293,094 7,840,700 Balance - - 13,545 252,710 71,517 1,083,585 125,451 1,568,140 Year Rate FY Interest Principal Interest Principal Interest Principal Interest Principal 18 19 20 865 3,765 102,222 254,095 115,257 350,325 25,801 50,045 21 721 3,765 90,864 254,095 103,731 350,325 23,343 50,045 22 577 3,765 79,506 254,095 92,206 350,325 20,886 50,045 23 433 3,765 68,148 254,095 80,680 350,325 18,429 50,045 24 288 3,765 56,790 254,095 69,154 350,325 15,972 50,045 25 144 3,765 45,432 254,095 57,628 350,325 13,515 50,045 26 34,074 254,095 46,103 350,325 11,057 50,045 27 22,716 254,095 34,577 350,325 8,600 50,045 28 11,358 254,095 23,051 350,325 6,143 50,045 29 11,526 350,325 3,686 50,045 30 1,229 50,045 35 Original 30,282 75,300 2,385,190 5,081,900 2,403,107 7,006,500 513,147 1,000,900 Balance 3,028 22,590 511,112 2,286,855 633,913 3,503,250 148,661 550,495 Year Rate FY Interest Principal Interest Principal Interest Principal Interest Principal 18 19 20 639,414 1,535,945 366,891 878,780 193,145 520,985 128,831 330,469 21 583,813 1,535,945 337,539 878,780 179,349 520,985 133,113 330,469 22 528,211 1,535,945 308,188 878,780 165,553 520,985 126,107 330,469 23 472,610 1,535,945 278,837 878,780 151,757 520,985 119,101 330,469 24 417,009 1,535,945 249,486 878,780 137,961 520,985 112,095 330,469 25 361,408 1,535,945 220,134 878,780 124,165 520,985 105,089 330,469 26 305,807 1,535,945 190,783 878,780 110,369 520,985 98,083 330,469 27 250,205 1,535,945 161,432 878,780 96,573 520,985 91,077 330,469 28 194,604 1,535,945 132,081 878,780 82,777 520,985 84,071 330,469 29 139,003 1,535,945 102,729 878,780 68,981 520,985 77,065 330,469 30 83,402 1,535,945 73,378 878,780 55,184 520,985 70,059 330,469 31 27,801 1,535,945 44,027 878,780 41,388 520,985 63,053 330,469 32 14,676 878,780 27,592 520,985 56,048 330,469 33 13,796 520,985 49,042 330,469 Original 11,314,844.20 30,718,900 5,945,260.60 17,575,600 2,876,487.84 10,419,700 1,459,960.00 6,609,375 Balance 4,003,286 18,431,340 2,480,181 11,424,140 1,448,591 7,293,790 1,312,835 4,626,563 3.62% 3.34% 2.64% 2.12% 2011 2012 FY 2013 FY 2020 2005 2008 2009 2009 3.83% 4.47% 3.29% 4.91%Capital School District Final Budget Bond Notes Fiscal Year 20204.40% 2002 4.00% 1997 5.21% 2000 5.36% 2001

Year Rate FY Interest Principal Interest Principal Interest Principal Interest Principal 20 42,036 330,469 21 35,030 330,469 22 28,024 330,469 23 21,018 330,469 24 14,012 330,469 25 7,006 330,469 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Total 147,125 1,982,813 2.12% FY 20 Continued