FY2017 Preliminary Budget (Draft 1 0 2016 Jun 29)

APPOQUINIMINK SCHOOL DISTRICT
Central Administrative Office 313 S. Fifth St., PO Box 4010, Odessa, Delaware 19730-4010
DRAFT June 30, 2016
Preliminary FY2017 Budget

Fiscal Year Ending June 30, 2017
Financial Advisory Committee review: July 5, 2016

Board approval: July 12, 2016
Page 1 of 20

Preliminary Budget - Fiscal Year Ending June 30, 2017
Revenue Budget (State Summary Format)
FY17 PRELIM
FY17 FINAL
CHANGE
17 PRELIM - 16 FINAL
STATE FUNDS:
Division I
Division II
Division III
Other State Funds
TOTAL STATE FUNDS:
67,460,000
4,152,449
11,669,959
8,546,349
91,828,756
62,771,501
3,992,739
11,221,114
8,768,969
86,754,323
4,688,499
159,710
448,845
(222,620)
5,074,433
LOCAL FUNDS:
Current Operations Tax
Tuition Tax
Match Tax (MCI, Tech, Extra Time, Math/Rdg Spec)
Debt Service Tax
Choice and Charter (payments)
Other Local Funds
TOTAL LOCAL FUNDS:
19,528,196
10,401,150
1,666,828
6,414,055
(1,424,851)
4,493,500
41,078,879
18,856,845
8,503,197
1,629,709
6,194,250
(1,295,319)
4,243,884
38,132,565
671,351
1,897,954
37,119
219,806
(129,532)
249,616
2,946,313
3,084,151
2,960,621
123,530
85,000
50,000
35,000
762,252
772,674
(10,422)
136,839,038
128,670,183
DESCRIPTION
Federal Funds
Construction (State and Local)
Minor Cap - State Share
ALL FUNDS TOTAL:
8,168,854
Revenue Budget (Summary Format)

Page 2 of 20

Revenue Budget (Detail Format)
APPR
00137
05116
05165
05265
00159
05186
05142
05149
05152
05160
05181
05190
05194
05205
05235
05289
0XXXX
50XXX
91198/99
DESCRIPTION
STATE FUNDS:
Division I
Formula Salaries
Cafeteria Salaries
Division II
Division II, All Other Costs
Division II, All Other Costs - Vocational
Energy
Division III
Division III Equalization
Other State Funds
Driver Education
Homeless Transportation
State Transportation
Transportation Supply
Unique Alternatives
Related Services
Excellence Option
Professional Development
Technology Block Grant
Educational Sustainment Fund
Other State Grants
Major/Minor Cap (State Share)
Major Capital Improvements
Minor Capital (MCI and MCI Vocational Equip)
TOTAL STATE FUNDS:
Budget
FY17 PRELIM
FY17 FINAL
Operating
Operating
66,500,000
960,000
61,825,000
946,501
4,675,000
13,499
Operating
Operating
Operating
2,113,233
209,455
1,829,760
2,031,955
201,399
1,759,385
81,278
8,056
70,375
Operating
11,669,959
11,221,114
448,845
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Operating
Operating
43,703
380,000
4,860,000
1,000
900,000
2,480
40,000
103,698
155,088
1,940,380
120,000
42,022
240,000
4,860,000
1,000
1,200,000
2,480
123,997
103,698
155,088
1,940,380
100,304
1,681
140,000
0
0
(300,000)
0
(83,997)
0
0
0
19,696
762,252
772,674
0
(10,422)
92,591,008
87,526,997
Maj/Min Cap
Maj/Min Cap
CHANGE
5,064,011

Page 3 of 20
APPR
98000
91000
91050
91150
91151
91210
91214
91000
98000
91050
98000
91100
98031
98041
98089
98025/87
98261
9919X
9XXXX
5/9XXXXX
DESCRIPTION
LOCAL FUNDS:
Current Expense
Debt Service
Tuition Tax
Minor Capital Improvement Match
Reading and Math Specialist Match
Technology Maintenance Match
Extra Time Match
Other Local
Interest (Debt Service)
Interest (Local Funds)
Net Choice/Charter Collections or (Payout)
Net Choice/Charter Collections or (Payout)
Cafeteria
Indirect Costs
CSCRP (Medicaid Cost Recovery)
Rental Income and Building Use Fees
Athletics - High School Gate Receipts
Technology Replacement
Payroll Reimbursements
Private Grants and Donations
Major Cap (Bond or VSA Financed Local Share)
Major Capital Improvements
FY17 PRELIM
FY17 FINAL
CHANGE
Operating
Debt Service
Tuition
Match Tax
Match Tax
Match Tax
Match Tax
19,528,196
6,414,055
10,401,150
627,626
452,738
306,607
279,856
18,856,845
6,194,250
8,503,197
610,282
453,125
296,066
270,235
671,351
219,806
1,897,954
17,344
(387)
10,541
9,621
Debt Service
Operating
Tuition
Operating
Cafeteria
Operating
Operating
Operating
Operating
Operating
Operating
Grants
15,000
95,000
(105,112)
(1,319,739)
3,185,000
360,000
100,000
165,000
120,000
73,500
365,000
15,000
12,000
80,000
(95,556)
(1,199,763)
3,090,936
360,000
15,000
165,000
100,000
55,948
350,000
15,000
3,000
15,000
(9,556)
(119,976)
94,064
0
85,000
0
20,000
17,552
15,000
0
Maj/Min Cap
TOTAL LOCAL FUNDS:

40114
40554
40560
40564
40565
40570
41015
FEDERAL FUNDS:
Title II Teacher Quality
Title I
Title III English Acquisition
IDEA Part B
IDEA Part B Preschool
Homeless
Perkins
85,000
50,000
35,000
41,163,879
38,182,565
2,981,313
235,854
834,992
23,325
1,828,221
32,820
128,939
233,830
764,754
20,232
1,746,191
32,684
4,695
158,235
3,084,151
2,960,621
123,530
136,839,038
128,670,183
8,168,854
Operating
Operating
Operating
Operating
Operating
Operating
Operating
TOTAL FEDERAL FUNDS:

ALL FUNDS TOTAL:
2,024
70,238
3,093
82,030
136
(4,695)
(29,296)

Page 4 of 20

Expenditure Budget
Summaries by Fund
FY17 PRELIM
FY17 FINAL
Change
Governmental Funds
Operating Budget
117,717,208
110,063,466
Debt Service
5,627,536
5,848,288
7,653,742
(220,752)
Tuition
10,325,000
9,510,000
815,000
Match Tax (except Minor Capital)
1,155,000
1,115,000
40,000
Major/Minor Capital
1,355,420
1,337,790
17,630
Cafeteria
3,185,000
3,036,000
149,000
Adult Education
480,000
480,000
15,000
15,000
FY17 PRELIM
50,000
75,000
96,000
20,000
45,500
112,000
103,698
218,000
834,992
23,325
128,939
235,854
75,000
750,000
85,000
155,088
506,000
962,000
730,000
FY17 FINAL
27,000
75,000
94,000
14,000
45,500
112,000
48,403
218,000
680,607
20,232
126,668
174,651
4,695
75,000
192,000
55,948
155,088
506,000
832,000
700,000
Proprietary Funds
Fiduciary Funds
Grants and Pass-Throughs
Governmental Funds - Operating Budget

Operating Unit Program Code
99900000
99999
99900100
99999
99910000
99999
99910100
99999
99920000
95104
99920000
95205
99920000
95455
99920000
95474
99920000
95475
99920000
95477
99920000
95504
99920000
95517
99920000
99554
99920000
99724
99920000
99999
99920600
99524
99920600
99535
99575
99920600
99920600
99999
99920700
99999
Operating Unit Description

Board of Ed/District Expenses
Legal Services
Public Communications
Superintendent
Curriculum/Instructional
Technology (Instructional)
Athletics
Program Code Description

General
General
General
General
Integrated Studies (Referendum)
Alternative Schools (Referendum)
Textbooks
Title I
Title III
Perkins
Title II - Highly Qualified
Homeless
Referendum - Textbooks
General
Insurance (One-to-One)
Maintenance and Support
Referendum - Technology
General
General
Expenditure Budget
Change
23,000
2,000
6,000
55,295
154,385
3,093
2,271
61,203
(4,695)
558,000
29,052
130,000
30,000
Page 5 of 20

99921050
95238
99921050
95433
99921050
95503
99921050
99545
99921050
99999
99940000
99999
99940200
99999
99940400
95228
99940400
95483
99940400
99999
99940410
99999
99950000
99999
99960000
95510
99960100
95228
99960100
95422
99960100
99999
99960200
95419
99999
99960200
99999
99960300
99960350
95427
99960350
95437
99960350
95614
99960350
99723
99960400
95205
99960400
95481
99960400
99723
99960400
99999
99970650
99999
9290010A
95058
9290010A
95074
9290010A
95424
9290010A
95433
9290010A
95437
9290010A
95455
9290010A
95475
9290010A
95517
9290010A
95614
9290010A
99999

Special Education
Special Education
Special Education
Special Education
Special Education
Business Office/Finance
Division I Sal/Other State Prg
Division III/Local Salaries
Competitive State Grants
Personnel/HR
Child Nutrition Operations
Maintenance/Building & Grounds
Operations/Utilities
Operations/Utilities
State Transportation
Local Funds
Local Funds
Local Funds
Local Funds
Local Transportation
Student Services
Silver Lake ES
Silver Lake ES
Silver Lake ES
Silver Lake ES
Silver Lake ES
Silver Lake ES
Silver Lake ES
Silver Lake ES
Silver Lake ES
Silver Lake ES

Unique Alternatives
IDEA Part B
Related Services
General
General
General
Substitutes
Tuition Reimbursement
General
General
General
Child Nutrition - State Salaries
Substitutes
Facility Lease (Portables)
General
Energy/Utilities
General
General
Furniture (Referendum)
Library (Referendum)
Performing Arts (Referendum)
Referendum
Alternative Schools
Transportation
Referendum
General
General
Physical Education (Referendum)
Art (Referendum)
Field Trips
IDEA Part B
Title I
General
Expenditure Budget
FY17 PRELIM
900,000
1,828,221
32,820
2,480
25,000
26,000
66,500,000
935,000
35,000
28,820,000
120,000
75,000
960,000
154,000
103,000
950,000
1,770,000
1,240,000
5,241,000
25,000
66,250
102,007
26,976
740,000
168,000
62,400
300,000
996
996
1,992
996
42,778
FY17 FINAL
1,200,000
1,622,081
10,029
2,480
20,300
20,000
61,825,000
865,000
35,000
26,050,000
100,304
40,000
946,501
154,000
1,060,000
900,000
1,730,000
1,100,000
5,101,000
25,000
66,250
102,007
26,976
700,000
168,000
62,400
288,000
996
996
8,700
1,992
3,602
26,587
2,050
996
42,778
Change
(300,000)
206,140
22,791
4,700
6,000
4,675,000
70,000
2,770,000
19,696
35,000
13,499
(957,000)
50,000
40,000
140,000
140,000
40,000
12,000
(8,700)
(3,602)
(26,587)
(2,050)
-
Page 6 of 20

9290011A
95058
9290011A
95074
9290011A
95424
9290011A
95433
9290011A
95437
9290011A
95455
9290011A
95517
9290011A
95614
9290011A
99999
9290013A
95058
9290013A
95074
9290013A
95407
9290013A
95424
9290013A
95437
9290013A
95455
9290013A
95503
9290013A
95517
95614
9290013A
9290013A
99999
9290014A
95058
9290014A
95074
9290014A
95424
9290014A
95433
9290014A
95437
9290014A
95455
9290014A
95475
9290014A
95517
9290014A
95614
9290014A
99999
9290016A
95058
9290016A
95074
9290016A
95104
9290016A
95424
9290016A
95433
9290016A
95437
9290016A
95455
9290016A
95489
9290016A
95504
9290016A
95517
9290016A
95614
9290016A
99999

Cedar Lane ES
Cedar Lane ES
Cedar Lane ES
Cedar Lane ES
Cedar Lane ES
Cedar Lane ES
Cedar Lane ES
Cedar Lane ES
Cedar Lane ES
Appoquinimink Preschool Ctr
Townsend ES
Townsend ES
Townsend ES
Townsend ES
Townsend ES
Townsend ES
Townsend ES
Townsend ES
Townsend ES
Townsend ES
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS
Louis L. Redding MS

Art (Referendum)
Field Trips
IDEA Part B
General
Art (Referendum)
Competitive Grants
Field Trips
General
Art (Referendum)
Field Trips
IDEA Part B
Title I
General
Art (Referendum)
Field Trips
IDEA Part B
Vocational 509 Funds
Perkins
General
Expenditure Budget
FY17 PRELIM
1,258
1,258
2,516
1,258
43,215
220
220
440
220
7,360
724
724
1,448
724
29,631
1,768
1,768
5,000
3,536
14,922
1,768
76,322
FY17 FINAL
1,258
1,258
5,565
2,516
750
2,050
1,258
43,215
220
220
10,000
440
22,655
1,500
220
7,360
724
724
6,822
1,448
1,705
22,119
2,050
724
29,631
1,768
1,768
5,000
7,845
3,536
4,023
14,922
10,919
450
1,768
76,322
Change
(5,565)
(750)
(2,050)
(10,000)
(22,655)
(1,500)
(6,822)
(1,705)
(22,119)
(2,050)
(7,845)
(4,023)
(10,919)
(450)
-
Page 7 of 20

9290017A
95058
9290017A
95074
9290017A
95104
9290017A
95424
9290017A
95433
9290017A
95437
9290017A
95455
9290017A
95489
9290017A
95504
9290017A
95517
9290017A
95614
9290017A
99999
9290018A
95029
9290018A
95058
9290018A
95074
9290018A
95424
9290018A
95433
95437
9290018A
95455
9290018A
9290018A
95489
9290018A
95504
9290018A
95517
9290018A
95602
9290018A
95614
9290018A
99999
9290020A
95058
9290020A
95074
9290020A
95424
9290020A
95433
9290020A
95437
9290020A
95455
9290020A
95517
9290020A
95614
9290020A
99999
9290021A
95058
9290021A
95074
9290021A
95424
9290021A
95433
9290021A
95437
9290021A
95455
9290021A
95475
9290021A
95517
9290021A
95614
9290021A
99999

Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Everett Meredith MS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Middletown HS
Olive B. Loss ES
Olive B. Loss ES
Olive B. Loss ES
Olive B. Loss ES
Olive B. Loss ES
Olive B. Loss ES
Olive B. Loss ES
Olive B. Loss ES
Olive B. Loss ES
Brick Mill ES
Brick Mill ES
Brick Mill ES
Brick Mill ES
Brick Mill ES
Brick Mill ES
Brick Mill ES
Brick Mill ES
Brick Mill ES
Brick Mill ES

Art (Referendum)
Field Trips
IDEA Part B
Perkins
General
Drivers Ed/Supp Materials
Art (Referendum)
Field Trips
IDEA Part B
Perkins
Athletics (Gate Receipts)
General
Art (Referendum)
Field Trips
IDEA Part B
General
Art (Referendum)
Field Trips
IDEA Part B
Title I
General
Expenditure Budget
FY17 PRELIM
1,646
1,646
5,000
3,292
15,047
1,646
69,577
21,576
2,892
2,892
5,784
73,638
60,000
2,892
131,495
1,244
1,244
2,488
1,244
42,121
1,036
1,036
2,072
1,036
42,491
FY17 FINAL
1,646
1,646
5,000
8,638
3,292
2,937
15,047
800
4,222
1,646
69,577
20,746
2,892
2,892
11,700
5,784
18,598
73,638
9,014
900
50,000
2,892
131,495
1,244
1,244
4,467
2,488
5,950
2,050
1,244
42,121
1,036
1,036
5,866
2,072
3,524
20,302
2,050
1,036
42,491
Change
(8,638)
(2,937)
(800)
(4,222)
830
(11,700)
(18,598)
(9,014)
(900)
10,000
(4,467)
(5,950)
(2,050)
(5,866)
(3,524)
(20,302)
(2,050)
Page 8 of 20

9290022A
95058
9290022A
95074
9290022A
95424
9290022A
95433
9290022A
95437
9290022A
95455
9290022A
95517
9290022A
95614
9290022A
99999
9290023A
95058
9290023A
95074
9290023A
95104
9290023A
95424
9290023A
95433
9290023A
95437
9290023A
95455
9290023A
95489
95504
9290023A
95517
9290023A
9290023A
95614
9290023A
99999
9290024A
95029
9290024A
95058
9290024A
95074
9290024A
95424
9290024A
95433
9290024A
95437
9290024A
95455
9290024A
95489
9290024A
95504
9290024A
95517
9290024A
95602
9290024A
95614
9290024A
99999
9290027A
95058
9290027A
95074
9290027A
95424
9290027A
95433
9290027A
95437
9290027A
95455
9290027A
95475
9290027A
95517
9290027A
95614
9290027A
99999

Cedar Lane ECC
Cedar Lane ECC
Cedar Lane ECC
Cedar Lane ECC
Cedar Lane ECC
Cedar Lane ECC
Cedar Lane ECC
Cedar Lane ECC
Cedar Lane ECC
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Alfred G. Waters MS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Appoquinimink HS
Townsend ECC
Townsend ECC
Townsend ECC
Townsend ECC
Townsend ECC
Townsend ECC
Townsend ECC
Townsend ECC
Townsend ECC
Townsend ECC

Art (Referendum)
Field Trips
IDEA Part B
General
Art (Referendum)
Field Trips
IDEA Part B
Perkins
General
Drivers Ed/Supp Materials
Art (Referendum)
Field Trips
IDEA Part B
Perkins
Athletics (Gate Receipts)
General
Art (Referendum)
Field Trips
IDEA Part B
Title I
General
Expenditure Budget
FY17 PRELIM
536
536
1,072
536
17,224
1,874
1,874
5,000
3,748
1,874
70,369
22,127
3,178
3,178
6,356
79,377
60,000
3,178
142,069
476
476
952
476
17,190
FY17 FINAL
536
536
11,000
1,072
2,956
1,500
536
17,224
1,874
1,874
5,000
7,352
3,748
4,074
18,416
800
9,770
1,874
70,369
21,276
3,178
3,178
15,900
6,356
5,129
79,377
10,034
19,776
50,000
3,178
142,069
476
476
2,842
952
6,658
1,500
476
17,190
Change
(11,000)
(2,956)
(1,500)
(7,352)
(4,074)
(18,416)
(800)
(9,770)
851
(15,900)
(5,129)
(10,034)
(19,776)
10,000
(2,842)
(6,658)
(1,500)
Page 9 of 20

9290028A
95058
9290028A
95074
9290028A
95424
9290028A
95433
9290028A
95437
9290028A
95455
9290028A
95475
9290028A
95517
9290028A
95614
9290028A
99999
9290029A
95058
9290029A
95074
9290029A
95424
9290029A
95433
9290029A
95437
9290029A
95455
9290029A
95475
95517
9290029A
95614
9290029A
9290029A
99999
9290032A
95058
9290032A
95074
9290032A
95424
9290032A
95433
9290032A
95437
9290032A
95455
9290032A
95517
9290032A
95614
9290032A
99999

Bunker Hill ES
Bunker Hill ES
Bunker Hill ES
Bunker Hill ES
Bunker Hill ES
Bunker Hill ES
Bunker Hill ES
Bunker Hill ES
Bunker Hill ES
Bunker Hill ES
Spring Meadow ECC
Spring Meadow ECC
Spring Meadow ECC
Spring Meadow ECC
Spring Meadow ECC
Spring Meadow ECC
Spring Meadow ECC
Spring Meadow ECC
Spring Meadow ECC
Spring Meadow ECC
Old State ES
Old State ES
Old State ES
Old State ES
Old State ES
Old State ES
Old State ES
Old State ES
Old State ES

FY17 PRELIM
1,164
Art (Referendum)
1,164
Field Trips
IDEA Part B
2,328
Title I
1,164
General
44,320
442
Art (Referendum)
442
Field Trips
IDEA Part B
884
Title I
442
General
14,826
1,302
Art (Referendum)
1,302
Field Trips
IDEA Part B
2,604
1,302
General
46,203
TOTAL
117,717,208
Expenditure Budget
FY17 FINAL
1,164
1,164
5,685
2,328
5,504
5,761
1,164
44,320
442
442
2,274
884
1,819
2,977
1,500
442
14,826
1,302
1,302
19,454
2,604
228
2,050
1,302
46,203
110,063,466
Change
(5,685)
(5,504)
(5,761)
(2,274)
(1,819)
(2,977)
(1,500)
(19,454)
(228)
(2,050)
7,653,742
Page 10 of 20
Governmental Funds - Debt Service

Operating Unit Program Code Operating Unit Description
99970000
99999
Local Debt Service

General
FY17 PRELIM
5,627,536
FY17 FINAL
5,848,288
Change
(220,752)

FY17 PRELIM
Special School Tuition Payment
2,465,000
General
7,860,000
TOTAL
10,325,000
FY17 FINAL
2,530,000
6,980,000
9,510,000
Change
(65,000)
880,000
815,000

FY17 PRELIM
Extra Time Programs
Extra Time Programs
Extra Time Programs
Extra Time Programs
Extra Time Programs
Extra Time Programs
370,000
Match Tax
325,000
Instructional Support
460,000
TOTAL
1,155,000
FY17 FINAL
6,480
6,480
6,480
6,480
6,480
317,600
305,000
460,000
1,115,000
Change
(6,480)
(6,480)
(6,480)
(6,480)
(6,480)
52,400
20,000
40,000

FY17 PRELIM
General
85,000
General
1,270,420
TOTAL
1,355,420
FY17 FINAL
50,000
1,287,790
1,337,790
Change
35,000
(17,370)
17,630

General
FY17 PRELIM
3,185,000
FY17 FINAL
3,036,000

General
FY17 PRELIM
480,000
FY17 FINAL
480,000
Change
FY17 PRELIM
15,000
FY17 FINAL
15,000
Change
Governmental Funds - Tuition

99970020
99539
Local Tuition Tax
99970020
99999
Local Tuition Tax
Governmental Funds - Match Tax

9290016A
95212
9290017A
95212
9290018A
95212
9290023A
95212
9290024A
95212
99920000
95212
99920600
95522
99940400
99741

Louis L. Redding MS
Everett Meredith MS
Middletown HS
Alfred G. Waters MS
Appoquinimink HS
Governmental Funds - Major/Minor Capital

99970100
99999
Major Cap
99970200
99999
Minor Cap
Proprietary Funds - Cafeteria

99960000
99999
Child Nutrition Operations
Change
149,000
Proprietary Funds - Adult Education

99990000
99999
Adult Education
Fiduciary Funds - Grants and Fundraiser Pass-Throughs

99940700
99999
Private Grants/Donations

General
Expenditure Budget
Page 11 of 20

FY2017 PROJECTED END-OF-YEAR FUND BALANCES
Operating
Local Debt
Service
Tuition
Minor Cap
Projects
Read/Math
Match
Technology
Match
Extra Time
Match
Cafeteria
Revenues:
Property taxes and Senior Tax Credit
Interest/investments
Other local revenue
State appropriations
Federal funds and grants
Proceeds from long-term debt
Net choice/charter transfers in/(out)
Transfers from other funds
Total Revenues
19,528,196
95,000
823,500
91,828,756
3,084,151
(1,319,739)
403,370
114,443,234
6,414,055
15,000
6,429,055
10,401,150
(105,112)
10,296,039
627,626
762,252
1,389,878
452,738
452,738
306,607
306,607
279,856
279,856
1,500
3,183,500
3,185,000
Expenditures:
Instruction and operations
Debt service
Major/Minor capital projects
Transfers to other funds
Total Expenditures
117,717,208
117,717,208
5,627,536
5,627,536
10,002,130
322,870
10,325,000
1,270,420
1,270,420
460,000
460,000
325,000
325,000
370,000
370,000
3,104,500
80,500
3,185,000
(3,273,974)
801,519
(28,961)
119,458
(7,262)
(18,393)
(90,144)
Projected surplus (or shortfall) of

revenues over expenditures, FY2017
Projected fund balance
(unencumbered*) July 1, 2016
Projected fund balance
(unencumbered*) July 1, 2017
8,695,427
3,444,282
31,669
185,002
98,349
22,476
459,688
476,459
5,421,453
See Note 1
4,245,801
2,708
304,460
91,087
4,083
369,544
476,459
* Balances in multi-year non-discretionary appropriations that carry over to the subsequent FY are to be considered encumbered.
The amount of operating multi-year non-discretionary funds carried over from FY16 into FY17 was $1,291,411.58 ($1,116,673.04 Federal, $174,738.54 State).
The amount of minor capital multi-year funds carried over from FY16 into FY17 was $5,339.51.
Note 1: Fund balance includes $4,500,000 reserve fund.
Page 12 of 20

PROPERTY ASSESSMENT
New Castle County maintains the tax roll for Appoquinimink School District and provides reports on taxable assessments of property. The County updates are
issued quarterly, with an annual utility update and an annual Taxable Assessment Total which takes into account assessment appeals or exemptions awarded.
Date
Mar 2005
Mar 2006
Mar 2007
Mar 2008
Mar 2009
Mar 2010
Mar 2011
Mar 2012
Mar 2013
Mar 2014
Mar 2015
Mar 2016
Update
FY2006 Annual
FY2007 Annual
FY2008 Annual
FY2009 Annual
FY2010 Annual
FY2011 Annual
FY2012 Annual
FY2013 Annual
FY2014 Annual
FY2015 Annual
FY2016 Annual
FY2017 Annual
Total School
Taxable Assessed
1,302,547,672
1,410,838,838
1,500,809,472
1,618,067,839
1,697,379,205
1,752,213,781
1,776,455,193
1,813,106,162
1,858,277,279
1,918,303,695
1,987,010,845
2,057,612,515
Change from Previous FY

108,291,166
89,970,634
117,258,367
79,311,366
54,834,576
24,241,412
36,650,969
45,171,117
60,026,416
68,707,150
70,601,670
One penny of tax rate generates

$130,254.77 FY2006
$141,083.88 FY2007
$150,080.95 FY2008
$161,806.78 FY2009
$169,737.92 FY2010
$175,221.38 FY2011
$177,645.52 FY2012
$181,310.62 FY2013
$185,827.73 FY2014
$191,830.37 FY2015
$198,701.08 FY2016
$205,761.25 FY2017
Tax Revenue Per Penny of Tax Rate

$250,000.00
$200,000.00
$150,000.00
$100,000.00
$50,000.00
$0.00
FY2006 FY2007 FY2008 FY2009 FY2010 FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 FY2017
Fiscal Year
Page 13 of 20

TAX RATE HISTORY
Current Expense
Debt Service
Tuition
Minor Capital Imprv Match
Read/Math Resource Match
Technology Match
Extra Time Match
All Match Taxes (Total)*
Total
Change (rate)
Change (%)
2007
0.6790
0.2130
0.3100
2008
0.7990
0.3059
0.3500
2009
0.7990
0.3661
0.2898
2010
0.7990
0.3457
0.2725
FISCAL YEAR
2011
2012
2013
0.7990
0.7990
0.7990
0.3457
0.3457
0.3367
0.2420
0.2420
0.3920
2014
0.9490
0.3317
0.3920
2015
0.9490
0.3317
0.3920
0.0540
1.2560
0.0700
5.9%
0.0548
1.5097
0.2537
20.2%
0.0548
1.5097
0.0000
0.0%
0.0548
1.4720
-0.0377
-2.5%
0.0660
1.4527
-0.0193
-1.3%
0.0800
1.7527
0.1500
9.4%
0.0920
1.7647
0.0120
0.7%
0.0660
1.4527
0.0000
0.0%
0.0750
1.6027
0.1500
10.3%
2016
0.9490
0.3117
0.4280
0.0307
0.0228
0.0149
0.0136
0.0820
1.7707
0.0060
0.3%
2017
0.9490
0.3117
0.5056
0.0305
0.0220
0.0149
0.0136
0.0820
1.8473
0.0766
4.3%
Tax rates are per $100 of assessed value on school-taxable real property.
Current Expense revenue pays for the general operation of the district and specific programs per voter referenda.
Debt Service revenues pay for retirement of authorized capital improvement bonds.
Tuition revenues pay for in-district programs as well as out-of-district placements for students with disabilities.
*Beginning with FY2016, match tax rates are declared separately on the district's annual Tax Warrant.
Minor Capital Improvement (MCI) Match provides a 40% match to the State's 60% of MCI funds for maintenance/repair of facilities as provided in the Bond Bill.
Reading/Math Resource Teacher Match provides for the local cost share of a Reading Specialist in each elementary and a Math Specialist in each middle school.
Technology Match and Extra Time Match provide funds for technology support and additional academic support, based on former State appropriations.
AppoquiniminkSchoolDistrictTaxRates20072017
2.0000
Rateper$100assessedvalue
1.8000
AllMatch
Taxes(Total)*
1.6000
1.4000
Tuition
1.2000
1.0000
0.8000
DebtService
0.6000
0.4000
Current
Expense
0.2000
0.0000
2007
2008
2009
2010
2011
2012
FiscalYear
2013
2014
2015
2016
2017
Page 14 of 20

PROJECTED PROPERTY TAX RECEIPTS FOR FISCAL YEAR 2017
2016 RATE
2017 RATE
CURRENT
EXPENSE
0.9490
0.9490
DEBT
SERVICE
0.3117
0.3117
TUITION
0.4280
0.5056
MCI
MATCH
0.0307
0.0305
JULY
AUGUST
SEPTEMBER
OCTOBER
NOVEMBER
DECEMBER
JANUARY
FEBRUARY
MARCH
APRIL
MAY
JUNE
SUBTOTAL:
Senior Transfer 1
Senior Transfer 2
TOTAL:
CURRENT
35,619.17
313,260.13
1,584,440.01
15,883,397.30
366,508.77
135,191.62
80,266.35
43,225.45
190,562.70
118,139.15
47,607.20
70,501.74
18,868,719.58
466,550.07
192,926.23
19,528,195.89
DEBT
SERVICE
11,699.15
102,890.60
520,410.91
5,216,917.74
120,380.17
44,403.82
26,363.56
14,197.44
62,590.51
38,802.92
15,636.63
23,156.37
6,197,449.83
153,238.84
63,366.81
6,414,055.49
TUITION
16,064.28
166,896.02
844,144.22
8,462,218.84
195,265.37
72,026.22
42,763.61
23,029.28
101,526.34
62,941.15
25,363.75
37,561.30
10,049,800.39
248,564.51
102,785.57
10,401,150.47
MCI MATCH
1,152.27
10,067.90
50,922.47
510,478.00
11,779.26
4,344.94
2,579.69
1,389.23
6,124.51
3,796.89
1,530.05
2,265.86
606,431.05
14,994.50
6,200.47
627,626.03
RDG/MATH
MATCH
0.0228
0.0220
TECH
MATCH
0.0149
0.0149
EXT TIME
MATCH
0.0136
0.0136
READ/MATH TECHNOLOGY EXTRA TIME

MATCH
MATCH
MATCH
855.76
559.25
510.45
7,262.09
4,918.42
4,489.29
36,730.96
24,876.88
22,706.41
368,213.64
249,381.05
227,622.98
8,496.52
5,754.46
5,252.39
3,134.05
2,122.61
1,937.41
1,860.76
1,260.24
1,150.29
1,002.07
678.67
619.46
4,417.68
2,991.97
2,730.93
2,738.74
1,854.87
1,693.04
1,103.64
747.47
682.25
1,634.39
1,106.93
1,010.35
437,450.29
296,252.82
270,405.25
10,815.70
7,325.18
6,686.07
3,029.08
2,764.80
4,472.47
452,738.47
306,607.08
279,856.13
TOTAL
1.7707
1.8473
PROJECTED
PROJECTED
RECEIPTS
YEAR TO DATE
66,460.34
66,460.34
609,784.44
676,244.78
3,084,231.85
3,760,476.63
30,918,229.54
34,678,706.17
713,436.94
35,392,143.11
35,655,303.79
263,160.68
156,244.49
35,811,548.28
84,141.59
35,895,689.87
370,944.65
36,266,634.52
229,966.76
36,496,601.28
92,671.00
36,589,272.28
137,236.94
36,726,509.22
36,726,509.22
908,174.87
37,634,684.09
375,545.45
38,010,229.54
38,010,229.54
Page 15 of 20

BONDED DEBT AND LOCAL BOND AMORTIZATION
FY 2017
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
FY 2026
FY 2027
FY 2028
FY 2029
FY 2030
FY 2031
FY 2032
TOTAL OF ALL BONDS

PRINCIPAL
INTEREST
TOTAL
2,057,612,515.00 Assessed Valuation of Taxable Real Property in Appoquinimink SD, July 1, 2016
3,960,550.00
1,666,986.04
5,627,536.04
3,960,550.00
1,500,753.08
5,461,303.08
x
10%
205,761,251.50 Bonded debt limit
3,960,550.00
1,334,520.08
5,295,070.08
(41,542,708.30) Less Bonded Debt as of July 1, 2016
3,822,095.00
1,168,287.09
4,990,382.09
3,514,180.00
1,008,450.74
4,522,630.74
3,444,281.52 Debt Service Fund Balance as of July 1, 2016
3,514,180.00
865,118.64
4,379,298.64
164,218,543.20 Legal debt margin (Amount of additional debt the district can incur and
3,435,810.00
723,510.66
4,159,320.66
remain in compliance with 14 Del. C. 2107)
3,182,695.00
585,816.83
3,768,511.83
3,140,535.00
456,028.86
3,596,563.86
2,538,870.00
327,779.74
2,866,649.74
According to 14 Del. C. 2107, the district's bonded debt (less debt service funds on hand)
1,954,070.00
234,328.88
2,188,398.88
must not exceed 10% of the assessed value of taxable real property.
1,685,765.00
158,655.94
1,844,420.94
953,110.00
89,006.43
1,042,116.43
928,125.00
52,106.62
980,231.62
665,008.30
22,488.33
687,496.63
5,454.47
332,069.47
326,615.00
41,542,708.30 Appoquinimink School District Bonded Debt as of July 1, 2016
Additional anticipated local bonds:

FY2017
No additional bonds anticipated.
FY2018
Potential bond anticipation note and local bonds anticipated contingent upon approval of a Certificate of Necessity and passage of a capital referendum.
Figures and rates are provided by the State of Delaware. The State of Delaware manages debt on behalf of Delaware school districts.
Page 16 of 20
Sale No.
Final Pmt
Amt Financed
Rate
FY 2017
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
FY 2026
FY 2027
FY 2028
FY 2029
FY 2030
FY 2031
FY 2032
R-11A
7/1/2031
6,532,300.00
3.34%
PRINCIPAL
INTEREST
326,615.00
169,088.57
326,615.00
158,179.63
326,615.00
147,270.69
326,615.00
136,361.75
326,615.00
125,452.81
326,615.00
114,543.87
326,615.00
103,634.93
326,615.00
92,725.99
326,615.00
81,817.05
326,615.00
70,908.11
326,615.00
59,999.17
326,615.00
49,090.23
326,615.00
38,181.29
326,615.00
27,272.35
326,615.00
16,363.41
326,615.00
5,454.47
213
7/1/2030
5,262,334.00
3.62%
PRINCIPAL INTEREST
338,393.30 177,622.68
338,393.30 165,372.84
338,393.30 153,123.00
338,393.30 140,873.16
338,393.30 128,623.32
338,393.30 116,373.48
338,393.30 104,123.64
338,393.30
91,873.80
338,393.30
79,623.96
338,393.30
67,374.12
338,393.30
55,124.28
338,393.30
42,874.44
338,393.30
30,624.60
338,393.30
18,374.76
338,393.30
6,124.92
208
203
201
10/1/2029
1/1/2029
3/1/2028
5,262,334.00
499,700.00
14,653,100.00
4.91%
3.29%
4.47%
PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST
263,116.70 174,406.90
24,985.00
10,686.08 732,655.00 392,996.14
263,116.70 161,487.87
24,985.00
9,864.08 732,655.00 360,246.46
263,116.70 148,568.84
24,985.00
9,042.08 732,655.00 327,496.78
263,116.70 135,649.81
24,985.00
8,220.06 732,655.00 294,747.10
263,116.70 122,730.78
24,985.00
7,398.06 732,655.00 261,997.42
263,116.70 109,811.75
24,985.00
6,576.06 732,655.00 229,247.74
263,116.70
96,892.72
24,985.00
5,754.04 732,655.00 196,498.08
263,116.70
83,973.69
24,985.00
4,932.04 732,655.00 163,748.40
263,116.70
71,054.66
24,985.00
4,110.04 732,655.00 130,998.72
263,116.70
58,135.63
24,985.00
3,288.02 732,655.00
98,249.04
263,116.70
45,216.60
24,985.00
2,466.02 732,655.00
65,499.36
263,116.70
32,297.57
24,985.00
1,644.02 732,655.00
32,749.68
263,116.70
19,378.54
24,985.00
822.00
263,116.70
6,459.51
Page 17 of 20
Sale No.
Final Pmt
Amt Financed
Rate
FY 2017
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
FY 2026
FY 2027
Sale No.
Final Pmt
Amt Financed
Rate
FY 2017
FY 2018
FY 2019
FY 2020
FY 2021
FY 2022
FY 2023
197
8/1/2026
5,366,100.00
4.49%
PRINCIPAL
INTEREST
268,305.00
126,492.39
268,305.00
114,445.50
268,305.00
102,398.61
268,305.00
90,351.71
268,305.00
78,304.81
268,305.00
66,257.92
268,305.00
54,211.03
268,305.00
42,164.13
268,305.00
30,117.23
268,305.00
18,070.34
268,305.00
6,023.45
196
9/1/2025
11,696,000.00
4.02%
PRINCIPAL INTEREST
584,800.00 223,335.12
584,800.00 199,826.16
584,800.00 176,317.20
584,800.00 152,808.24
584,800.00 129,299.28
584,800.00 105,790.32
584,800.00
82,281.36
584,800.00
58,772.40
584,800.00
35,263.44
584,800.00
11,754.48
193
191
187
2/1/2025
1/1/2024
1/1/2023
12,033,300.00
843,200.00
2,872,300.00
3.83%
3.65%
3.98%
PRINCIPAL INTEREST PRINCIPAL INTEREST PRINCIPAL INTEREST
601,665.00 207,393.92
42,160.00
12,310.72 143,615.00
40,011.14
601,665.00 184,350.16
42,160.00
10,771.88 143,615.00
34,295.26
601,665.00 161,306.38
42,160.00
9,233.04 143,615.00
28,579.38
601,665.00 138,262.62
42,160.00
7,694.20 143,615.00
22,863.50
601,665.00 115,218.84
42,160.00
6,155.36 143,615.00
17,147.64
601,665.00
92,175.08
42,160.00
4,616.52 143,615.00
11,431.76
601,665.00
69,131.30
42,160.00
3,077.68 143,615.00
5,715.88
601,665.00
46,087.54
42,160.00
1,538.84
601,665.00
23,043.76
185
7/1/2022
2,190,000.00
4.00%
PRINCIPAL
INTEREST
109,500.00
28,470.00
109,500.00
24,090.00
109,500.00
19,710.00
109,500.00
15,330.00
109,500.00
10,950.00
109,500.00
6,570.00
109,500.00
2,190.00
183
8/1/2021
1,567,400.00
4.40%
PRINCIPAL INTEREST
78,370.00
18,965.54
78,370.00
15,517.26
78,370.00
12,068.98
78,370.00
8,620.70
78,370.00
5,172.42
78,370.00
1,724.14
182
181
4/1/2020
3/1/2019
6,158,300.00
2,769,100.00
5.36%
4.62%
PRINCIPAL INTEREST PRINCIPAL INTEREST
307,915.00
66,016.98 138,455.00
19,189.86
307,915.00
49,512.74 138,455.00
12,793.24
307,915.00
33,008.48 138,455.00
6,396.62
307,915.00
16,504.24
Page 18 of 20

OFFICIAL ENROLLMENT COUNTS 2004-2015 (September 30th)
AECC
CLECC
SMECC
TECC
BHE
BME
CLE
OBL
OSE
SLE
TES
AGW
MMS
RMS
AHS
MHS
TOTAL
count
%
Div I Units
units
2004
481
599
609
610
623
317
931
724
0
1816
6710
315
4.9%
407
21
2005
228
285
694
636
601
642
353
1,019
771
0
2067
7296
586
8.7%
441
34
2006
247
303
762
655
623
622
374
1,097
790
0
2115
7588
292
4.0%
477
36
2007
307
363
796
666
677
672
490
1,142
836
565
1679
8193
605
8.0%
529.11
52.11
2008
253
284
193
771
678
677
745
611
777
616
695
657
1747
8704
511
6.2%
552.80
23.69
2009
223
310
219
666
759
609
674
538
454
810
638
689
1032
1474
9095
391
4.5%
570.56
17.76
2010
2011
2012
243
237
211
284
261
208
149
214
220
134
709
723
678
763
752
538
628
634
623
699
702
643
728
503
528
567
422
404
824
816
890
657
690
714
730
753
749
1409
1513
1547
1234
1200
1240
9319
9433
9619
224
114
186
2.5%
1.2%
2.0%
584.20 591.05 600.53
13.64
6.85
9.48
2013
267
247
177
632
510
634
653
790
518
896
717
815
1575
1319
9750
131
1.4%
615.07
14.54
2014
118
268
231
156
569
490
544
640
625
503
320
905
770
825
1552
1361
9877
127
1.3%
631.85
16.78
2015
110
268
221
238
582
518
629
622
651
498
362
937
823
884
1589
1446
10378
501
5.1%
671.20
39.35
Page 19 of 20
APPOQUINIMINK SCHOOL DISTRICT - DEDICATED REFERENDUM OPERATING FUNDS - WHERE DO THEY GO?
Last Updated for FY2017 Preliminary Budget
In 1998, 2003, and 2006 the Board asked the voters for operating tax rate increases and promised that specified amounts would go toward certain
programs and purposes. The charts below trace the funds from promise to their places in the expenditure budget.
Ref Year
1998
1998
1998
1998
1998
1998
2003
What for
Textbooks, prof dev, instr supp/matls
Furniture and equipment
Library automation, AV eqpt, books, periodicals
School budgets, incl separate per pupil allocation
Music - band and vocal
Technology
Technology
$
$
$
$
$
$
$
Amount
75,000
25,000
66,250
135,914
38,763
80,000
300,000
2003
Talent Development (discontinued in FY2014 per

May 2013 referendum)
305,450
2003
Related Arts (Art, Music, Library, Phys Ed)
110,000
2006
Related Arts (Strings, Instr Repl, Lib to $4/pupil)
84,000
2006
2006
2006
2006
2006
International Education
After-school transportation
Alternative education
Technology
Career placement counselors
$
280,000
$
168,000
$
112,000
$
126,000
$
70,000
TOTAL $ 1,976,377
Where it goes
99920000-99724 Curriculum/Referendum Textbooks
99960350-95427 Local Funds/Furniture
99960350-95437 Local Funds/Library
9290010A through 9290032A (Schools)
99960350-95614 Local Funds/Performing Arts
99920600-99575 Technology (Instructional)
99920000-95104 Curriculum/Integrated Studies
92900XXA-95104 Schools/Integrated Studies
99940400-99999 Division III/Local Salaries
99960350-99723 Local Funds/Referendum
99960400-99723 Local Transportation/Referendum
99920000-95205 Curriculum/Alternative Schools
TOTAL
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
$
Amount
75,000
25,000
66,250
135,914
38,763
80,000
300,000
45,500
15,000
244,950
83,024
26,976
20,756
63,244
280,000
168,000
112,000
126,000
70,000
1,976,377
Aggregated by Operating Unit-Program Code

92900XXA-95104 Schools/Integrated Studies
99920000-95104 Curriculum/Integrated Studies
99920000-95205 Curriculum/Alternative Schools
99920000-99724 Curriculum/Referendum Textbooks
99960350-95427 Local Funds/Furniture
99960350-95437 Local Funds/Library
99960350-99723 Local Funds/Referendum
99960400-99723 Local Transportation/Referendum
TOTAL
Amount
$
239,694
$
15,000
$
45,500
$
112,000
$
75,000
$
506,000
$
594,950
$
25,000
$
66,250
$
102,007
$
26,976
$
168,000
$
1,976,377
Page 20 of 20

FY2017 Preliminary Budget (Draft 1 0 2016 Jun 29)

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FY2017 Preliminary Budget (Draft 1 0 2016 Jun 29)

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APPOQUINIMINK SCHOOL DISTRICT

DRAFT June 30, 2016

Preliminary FY2017 Budget

Financial Advisory Committee review: July 5, 2016

APPOQUINIMINK SCHOOL DISTRICT

Revenue Budget (Summary Format)

APPOQUINIMINK SCHOOL DISTRICT

TOTAL STATE FUNDS:

Revenue Budget (Detail Format)

TOTAL LOCAL FUNDS:

TOTAL FEDERAL FUNDS:

Revenue Budget (Detail Format)

APPOQUINIMINK SCHOOL DISTRICT

Match Tax (except Minor Capital)

Governmental Funds - Operating Budget

Operating Unit Description

Program Code Description

Governmental Funds - Operating Budget

Operating Unit Description

Program Code Description

Governmental Funds - Operating Budget

Operating Unit Description

Program Code Description

Governmental Funds - Operating Budget

Operating Unit Description

Program Code Description

Governmental Funds - Operating Budget

Operating Unit Description

Program Code Description

Governmental Funds - Operating Budget

Operating Unit Description

Program Code Description

Governmental Funds - Debt Service

Program Code Description

Program Code Description

Program Code Description

Program Code Description

Program Code Description

Program Code Description

Governmental Funds - Tuition

Governmental Funds - Match Tax

Operating Unit Description

Governmental Funds - Major/Minor Capital

Proprietary Funds - Cafeteria

Proprietary Funds - Adult Education

Fiduciary Funds - Grants and Fundraiser Pass-Throughs

Program Code Description

APPOQUINIMINK SCHOOL DISTRICT

Projected surplus (or shortfall) of

APPOQUINIMINK SCHOOL DISTRICT

Change from Previous FY

One penny of tax rate generates

Tax Revenue Per Penny of Tax Rate

APPOQUINIMINK SCHOOL DISTRICT

APPOQUINIMINK SCHOOL DISTRICT

READ/MATH TECHNOLOGY EXTRA TIME

APPOQUINIMINK SCHOOL DISTRICT

TOTAL OF ALL BONDS

Additional anticipated local bonds:

APPOQUINIMINK SCHOOL DISTRICT

Talent Development (discontinued in FY2014 per

Related Arts (Art, Music, Library, Phys Ed)

Related Arts (Strings, Instr Repl, Lib to $4/pupil)

Aggregated by Operating Unit-Program Code