FY19 Results
The district ended FY19 with $2,634,601 more than spent in General Fund. This makes five years of a positive change.
What is the district's annual fund balance change? (Page 1)
The district has experienced very high growth, with projections being high, but somewhat reduced over the next five years.
What is the district's enrollment projections? (Page 9)
This balance varies, but is very close to the same balance at the end of FY20 and FY25.
What is the projected General Fund balance? (Page 10)
The annual projected amount is impacted by the district's ability/willingness to levy a cash reserve, therefore resulting in significant variance year-to-year.
What is the district's annual General Fund surplus or deficit? (Page 11)
Compared to district's our size, our district's rate is very low?
What is the free and reduced percent for the district? (Page 18)
The district ended FY19 with $18,245,502, up about $12,000,000 from FY14.
What is General Fund year-end balance? (Page 1)
This measure is frequently the last known when planning next year's budget. This is set by the state legislature. The district is projecting a flat growth over the next five years.
What is SSA? (Page 9)
This balance grows by almost five time from FY20 to FY25, but will likely not be possible with recent state level rulings.
What is the projected management fund balance? (Page 10)
This 4%-6% revenue source is the greatest source of revenue outside state aid and property tax. 4%-6% of this district revenue is $6,000,000-$8,000,000 annually.
What is miscellaneous revenue? (Page 12)
The percent of these students have doubled over the last ten years.
What is the district's percent on non-Caucasian students? (Page 20)
Ended FY19 with a $56,166,762 balance, up from about $32,000,000 in FY14.
What is the district's unspent authorized budget? (Page 5)
Used to help the district pay the cost of enrollment growth, special education deficit, additional cost of ELL, and open enrollment not on head count.
What is cash reserve levy? (Page 9)
It is always good to have this decline, but the districts focuses on maintaining this at a stable rate.
What is property tax rate? (Page 10)
Board members need to be careful when reading charts, as visuals may be distorted?
How does chart scales impact visuals? (Page 14)
Over the last eight years, these have both change about the same rate, 60%-70%.
What is the change in student enrollment FTE teachers? (Page 25)
15.4% is the highest rate in the last five years.
What is the district's FY19 solvency ratio? (Page 5)
4.89% is the lowest level in sometime and needs significant review by the district.
What is the change in Taxable valuation? (Page 9)
For the first time in recent history, this will start to decline. Considering the level, this is financially healthy.
What is Unspent Authorized Budget (UAB) levels? (Page 11)
This increases by $8,000,000-$9,000,000 each year, with spikes when the district opens buildings.
How much is General Fund spending projected to change each year? (Page 13)
Compared to districts our size, our rate is over double most other districts.
What is our UAB ratio? (Page 46)
Federal revenue, tuition revenue, and other local revenue.
What are the district's three largest miscellaneous revenues, in order, for FY19. (Page 6)
This jumps to 80 in FY22 when a new high school is opened, but is typically between 40-50.
What is projected increase in teaching staff? (Page 10)
Although challenged by high SBRC request, the district projects to maintain a rate within IASB's 5%-15%, not to exceed 25%.
What is the district's projected solvency ratio? (Page 11)
All financial measures help tell the district's story. But looking at trendline, historical and projected, is the key Iowa school finance measure.
What is the district's UAB trendline? (Page 14)
For districts our size, overall we are in the top two in all three.
How do district students perform in reading, math, and science on the Iowa Assessment? (Pages 49-50)