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June 24, 2020 — Budget

This is the School District of Clayton’s adopted budget document for the 2020–2021 fiscal year (dated June 24, 2020). It contains multi‑fund budget tables showing beginning and ending balances, revenues (including current and delinquent property tax collections and other sources), expenditures by fund, transfers, and net changes; line items and subtotals for General, Special Revenue, Capital Projects, Debt Service, and Business‑Type funds are shown. The excerpts explain how assessed valuations and tax rates are calculated, note recent changes from Proposition E (a voter‑approved operating levy increase that passed with 64.2% support), and list four new construction developments included in revenue projections. Specific figures in the excerpts include total estimated beginning and ending fund balances (e.g., $31,035,744 beginning balance and $33,328,944 budgeted balance 6/30/21), revenues (total revenues $69,537,300), and expenditures (total expenditures $67,244,100) for the presented fund groupings.
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INTRODUCTORY SECTION 4 DISTRICT ENTITY The District, established under the Statutes of the State of Missouri, is governed by an elected seven-member board as described in RSMo Chapter 162. The Board of Education (Board) is the basic level of government that has financial accountability and control over all activities related to public school education in the District. The District, just west of the City of St. Louis, covers approximately 3.25 square miles and is located in the City of Clayton and includes a portion of the City of Richmond Heights. Combining a bustling downtown with quiet, secure residential neighborhoods, Clayton is the hub of the St. Louis area and the seat of St. Louis County. With a population of around 18,700 residents, it is also home to Forbes and Fortune 500 company headquarters. The District provides education for a stable enrollment of approximately 2,600 students in kindergarten (K) through 12th grade. The District’s facilities include an early childhood center, three elementary school (K-5), one middle school (6-8), and one high school (9-12). In addition to these school buildings, the District owns and maintains a maintenance facility and administrative center. GOVERNANCE Board of Education Mr. Joe Miller President Ms. Stacy Siwak Director Ms. Amy Rubin Vice President Ms. Kim Hurst Director Mr. Gary Pierson Secretary Mr. David Gulick Director Mr. Jason Wilson Treasurer The School District of Clayton Board of Education has seven members; two elected annually for three-year terms, and three elected every third year for three-year terms. An annual school board election is held in April each year. School board members are volunteers that receive no compensation for serving on the Board. The Role of the Board The Board of Education is elected to represent the School District of Clayton community in the governance of its public schools. The Board’s chief responsibility is to evaluate and hire the superintendent of schools. Additionally, the Board adopts policies and direct procedures for the governance of the District, with responsibility for implementing Board policy and day-to- day operations of the District delegated to the superintendent. The Board is also responsible for other fiduciary responsibilities as outlined in Board Policy DA including adopting an annual budget to enable the District to carry out its educational programs. All Board actions are governed by state and federal laws and Missouri Department of Elementary and Secondary Education (DESE) guidelines. Decision Making A minimum of four Board members must be present to conduct official Board business. Prior to each meeting, Board members receive relevant background information on each agenda item. They may contact the administration to clarify any item. The Board votes on each action item after Board discussion. 5

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