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budget 2022-06-01 Board portal #q00a21b05 Open original ↗

June 1, 2022 — Budget

This is the Clayton School District’s approved budget document for the 2022–2023 fiscal/school year (dated June 1, 2022). Excerpts show enrollment trends and non‑resident student counts by development and grade, employee benefit and retirement contribution assumptions (including PSRS at 14.50% and PEERS at 6.86%), a zero‑based budgeting approach for building and department budgets (~$5.0M) with a 2% overall increase, and definitions and procedures for capital expenditures and projects. The document also lists various revenue line items and amounts (e.g., Proposition C $2,389,990; Financial Institution Tax $1,243,000; Surcharge Tax $1,258,170) and notes projected employee dependent enrollment and medical claim assumptions (a 5% increase used for 2022–2023).

Cited passage

2022. Approximately $2.5 million of proceeds from the sale of the Maryland Building is available to fund this project.

Historic funding levels and District support are provided in the following chart and gap analysis:

2016- 2017 2017- 2018 2018- 2019 2019- 2020 2020- 2021^ 2021- 2022*^ 2022- 2023* Program Revenues $743,045 $813,688 $785,931 $538,904 $433,000 $703,000 $785,000 Operational Costs~ $406,795 $441,623 $548,526 $478,712 $753,312 $529,720 $690,570 Program Costs $762,832 $799,383 $813,014 $825,314 $824,405 $981,270 $1,017,770 Total Expenses $1,169,627 $1,241,006 $1,361,540 $1,304,026 $1,577,717 $1,510,990 $1,708,340 District Support $ $426,582 $427,318 $575,609 $765,122 $1,136,380 $807,990 $923,340 District Support % 36.47% 34.43% 42.28% 58.67% 72.06% 53.47% 54.05% Program Generated 63.53% 65.57% 57.72% 41.33% 27.97% 46.53% 45.95% *Budgeted ^Loss of revenue due to COVID-19 ~Operational costs include building and grounds capital improvements (i.e. HVAC, roof replacement, parking lot repairs, etc.) 35

Parents as Teachers

State funding for the Parents as Teachers (PAT) program has been reduced in recent years. The $54,000 funding level projected for 2022-2023 is approximately $53,000 lower than the historic high of $106,854 received during the 2007-2008 school year. Historic funding levels and District support are:

2016- 2017 2017- 2018 2018- 2019 2019- 2020 2020- 2021 2021- 2022* 2022- 2023* State Funding $63,820 $64,191 $54,190 $55,900 $63,654 $54,000 $54,000 District Support $26,284 $23,053 $26,598 $20,049 $63,654 $53,120 $30,750 Total Cost of Program $90,104 $87,245 $80,788 $75,949 $0 $107,120 $84,750 Children Served 305 287 241 229 213 N/A N/A Families Served 211 198 166 160 144 N/A N/A

*Budgeted ^Loss of revenue due to COVID-19 36

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