2021-2022 FINAL BUDGET

2021-2022
FINAL
BUDGET

Final Budget Hearing of the Board of School Trustees

May 17, 2021
Jason Goudie
Chief Financial Officer

Jason Goudie Reference 3.02 (A) Page 1 of 25

May 17, 2021
 2021-2022 FINAL BUDGET

2021-2022 Timeline
OVERVIEW
Uncertainties
Elementary and Secondary School Emergency Relief Fund
Pupil Centered Funding Plan
State Education Account
Funded Outside the Pupil Centered Funding Plan
State Funding
Total Per Pupil Revenues
Student Enrollment and State Education Fund
Where the Money Comes From
General Operating Revenues
Revenue: State Projections and Assumptions
Where the Money is Spent
Budget Comparison
Fund Balance Comparison
Unassigned Ending Fund Balance
Employee Contracts Status
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2021-2022 TIMELINE
Fiscal Year (FY) 2022
Adoption
Departments directed to Adoption Begins
Authorization Amended Final
provide flat budgets Final Budget (FB) July 1, 2021
Tentative Budget (TB) Budget (AFB)
May 17, 2021
April 8, 2021 December 9, 2021

January April May June July September December

Tentative Budget Final Budget

Submission required by Amended Final
Strategic Budget Submission required by
June 8 to Nevada Budget
Workbooks April 15 to Nevada Strategic Budget
Department of Taxation Workbooks Submission required by
Provided to schools on Department of Taxation
January 1 to Nevada
January 15 based on Updated with actual Department of
projected enrollment enrollment figures Taxation

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UNCERTAINTIES
Coronavirus Disease 2019 (COVID-19) fiscal impacts

Enrollment uncertainties

Plans to remain in distance learning or return to a model with

students in school buildings

K-12 education funding from the State of Nevada

Specific strategic objectives related to the use of federal

funding for FY 2022 budget

Implementation plan for Senate Bill (SB) 543

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ELEMENTARY AND SECONDARY SCHOOL

EMERGENCY RELIEF FUND
The Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) was
signed into law on December 27, 2020. It provides additional money for Elementary and
Secondary School Emergency Relief Fund (ESSER) and the Governor’s Emergency Education
Relief Fund (GEER) programs that were initially created by the Coronavirus Aid, Relief, and
Economic Security (CARES) Act in March 2020.
Total ESSER II funding is $429.6 million. The Clark County School District is scheduled to
receive 80.89% of total ESSER II funding.

Event Budget
Operational Plan – Under development $ 347.5 million
Total $ 347.5 million

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PUPIL CENTERED FUNDING PLAN

SB 543 (2019) Session

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PUPIL CENTERED FUNDING PLAN (continued)

Statewide base per pupil funding amount includes the Basic Support
Guarantee following State Categorical Grants:

AP = Advanced Placement
LEA = Local Education Agency

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PUPIL CENTERED FUNDING PLAN (continued)

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STATE EDUCATION ACCOUNT

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FUNDED OUTSIDE THE PUPIL CENTERED

FUNDING PLAN

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STATE FUNDING
(General Operating Fund)
NRS 387.030 - State Distributive School Account (DSA). (Effective through June 30, 2021)
NRS 387.030 - Sources and distribution of State Education Fund (SEF). (Effective July 1, 2021)
+$286 +$68
$6,135
$5,900 +$126 +$81 $6,067

+$70 -$15 +$62

+$200 $5,781
$5,700
+$121 $5,574
$5,400 +$101 $5,457
$5,527 $5,512
+$73 $5,257
$5,136
$4,900 $5,035

$4,400

$3,900

$3,400
-$3,199
$2,936
$2,900

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TOTAL PER PUPIL REVENUES (General Operating Fund)

Total
 $9,000
$8,531 
Total
Total $7,938 
 $8,000 Total $7,711 
Total
$7,384 
Total $7,247 
Total Total $1,345 
Total $6,830  $1,212 
 $7,000 Total Total $6,655  $6,710 
Total $6,574  $1,197 
$6,205  $6,288  $6,303  $1,163 
$907  $432  $459 
$877  $886  $943 
 $6,000 $817  $384  $406  $5,131 
$938  $917  $348 
$239  $243  $256 
$235  $229 
$231 
 $5,000

 $4,000

$6,135  $463 
 $3,000 $6,067 
$5,527  $5,574  $5,700  $5,781 
$5,257  $5,457  $5,512 
$5,035  $5,136 

 $2,000

$2,936 
 $1,000

 $‐
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Amended Final
Final Budget
Local Funding Outside of SEF primarily are revenues from local school support tax, property tax, governmental Budget
services tax, donations, other miscellaneous revenues.
Does not include “Other Financing Sources,” which primarily are proceeds from bond issuances and transfers-in.
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STUDENT ENROLLMENT AND SEF

330,000
328,000
Average ADE = 319,033
326,000
324,000 Average ADE = 316,520

322,000
319,967
320,000 319,252
319,054
317,858 317,506
318,000 317,084
316,808
Average ADE = 310,919*
316,000 314,684

314,000
311,991
312,000 310,883
310,871
309,930
310,000
Average ADE = 302,599*
308,000
306,000 305,649

303,599
304,000
ADE = Average
302,000 300,719 Daily Enrollment

300,000 $5,781 $6,067 $6,135 300,429

$2,936
FY19 FY19 FY19 FY19 FY20 FY20 FY20 FY20 FY21 FY21 FY21 FY21 FY22 FY22 FY22 FY22 (*Projected)
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4* Q1* Q2* Q3* Q4*
FY 2022 start of Pupil Centered Funding Plan
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WHERE THE MONEY COMES FROM

General Operating Fund Revenues (in millions)
FY 2021 General Fund
Ending Fund Balance
Property Taxes $329.7 million includes unassigned
$615.7 SEF balance of $54.2 million.
22.9% $887.3
(in millions)
Property Tax
33.0%
NRS 387.030 - Sources and
distribution of SEF. (Effective
July 1, 2021)
2012 2014 2016 2018 2020 2022
Budget

(in millions)
Local School Support Tax (LSST)
1200

1000
Other
$148.6
800 5.5%
600
2012 2014 2016 2018 2020 2022
Budget
LSST
$1,035.8
38.5%

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Description
GENERAL OPERATING REVENUES
TB FY 2022 FB FY 2022 Change Comments
Local School Support Tax $ 1,035,750,000 $ 1,035,750,000 $ 0 See slide "Revenue: State Projections and Assumption"
Ad Valorem (Property) Tax 584,145,000 615,684,000 31,539,000 See slide "Revenue: State Projections and Assumption"
Governmental Services Tax 82,570,000 82,570,000 0 See slide "Revenue: State Projections and Assumption"
Two Percent Franchise Tax 0 0 0 Effective FY 2022 directly to State
E-Rate Reimbursements 3,590,000 3,590,000 0 3-year average of $3.6 million
Local Government Taxes 1,140,000 1,140,000 0 3-year average of $1.1 million
Tuition and Summer School 2,550,000 2,550,000 0 3-year average of $2.5 million
Adult Education 160,000 160,000 0 3-year average of $0.2 million
Athletic Proceeds 1,070,000 1,070,000 0 3-year average of $0.7 million
Services Provided 1,370,000 1,370,000 0 3-year average of $1.1 million
Donations and Grants 1,270,000 1,270,000 0 3-year average of $1.3 million
Other Local Sources 8,980,000 8,980,000 0 3-year average of $9.0 million
Interest Income 8,670,000 8,670,000 0 3-year average of $8.7 million
Total Local Sources 1,731,265,000 1,762,804,000 31,539,000

State Education Fund 892,259,000 887,259,000 (5,000,000) See slide "Revenue: State Projections and Assumption"
Total State Sources 892,259,000 887,259,000 (5,000,000)

Federal Impact Aid 120,000 120,000 0 3-year average of $0.1 million

Forest Reserve 80,000 80,000 0 3-year average of $0.1 million
Administrative Claiming 1,310,000 1,310,000 0 3-year average of $1.3 million
Total Federal Sources 1,510,000 1,510,000 0

Sales of District Property 740,000 740,000 0 3-year average of $0.7 million

Total Other Sources 740,000 740,000 0

Total Operating Revenues $2,625,774,000  $2,652,313,000  $    26,539,000 

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REVENUE: STATE PROJECTIONS AND ASSUMPTIONS

Governmental Services Tax
Final Budget FY 2022 = $ 82,570,000
Tentative Budget FY 2022 = $ 82,570,000
Additional Revenue =$ 0
*Based on a 11.3% increase from FY 2021 AFB, per Nevada Department of Taxation’s FY 2022 Final Local
Government Revenue Projection
Local School Support Tax
Final Budget FY 2022 = $ 1,035,750,000
Tentative Budget FY 2022 = $ 1,035,750,000
Additional Revenue =$ 0
*Based on a 7.7% increase from FY 2021AFB, per Nevada Department of Taxation’s FY 2022 Final Local
Government Revenue Projection
Property Tax
Final Budget FY 2022 = $ 615,684,000
Tentative Budget FY 2022 = $ 584,145,000
Additional Revenue = $ 31,539,000
*Based on a 7.7% increase from FY 2021AFB, per Nevada Department of Taxation’s FY 2022 Proforma
Ad Valorem Revenue Projection

State Education Funding

Final Budget FY 2022 = $ 887,259,000
Tentative Budget FY 2022 = $ 892,259,000
Less Revenue = $ (5,000,000)
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WHERE THE MONEY IS SPENT

GENERAL OPERATING FUND
Full-Time ($ IN MILLIONS)
Equivalents (FTEs)
School-Based
Strategic 17,931 64.9% 1,623.7 65.3%
School-Based 5,471 19.8% 461.1 18.5%
Transportation 1,626 5.9% 120.7 4.9%
Central Office 2,596 9.4% 281.7 11.3%
Salaries and Benefits Total 27,624 100% 2,487.2 100%

84%
($ IN MILLIONS)
Textbooks/Supplies $ 234.3
Other Utility/Fuel 88.8
Fuel/Vehicle/Buses 50.7
16% Professional Services 26.0
Technology 24.9
Property/Liability Insurance 17.8
Repairs/Maintenance 11.1
Printing 2.0
Postage 1.5

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WHERE THE MONEY IS SPENT (continued)

GENERAL FUND

FTEs = Full-Time Equivalents

(includes all employee groups)

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WHERE THE MONEY IS SPENT (continued)

SPECIAL EDUCATION FUND

FTEs = Full-Time Equivalents

(includes all employee groups)

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BUDGET COMPARISON
2020 2021
Amended Amended 2022
(IN MILLIONS) Final Budget Final Budget Change Final Budget Change
Beginning Fund Balance $ 170.9 $ 291.1 $ 120.2 $ 329.7 $ 38.6
Total Revenues 2,443.3 2,427.2 (16.1) 2,652.3 225.1
Total Resources 2,614.2 2,718.3 104.1 2,982.0 263.7
Total Salaries and Benefits 2,233.8 2,316.2 82.4 2,487.3 171.1
Total Services 116.4 82.3 (34.1) 112.4 30.1
Total Supplies 163.6 217.9 54.3 304.2 86.3
Total Property 38.1 42.4 4.3 36.4 (6.0)
Total Other 4.2 4.1 (0.1) 4.1 0.0
Total Expenditures 2,556.1 2,662.9 106.8 2,944.4 281.5
Other Financing Sources 37.0 30.8 (6.2) 35.0 4.2
Total Fund Balance Details $ 95.1 $ 86.2 $ (8.9) $ 72.6 $ (13.6)
Indirect Cost Fund and Donations 2.3 2.3 2.3
Nonspendable (Inventory) 4.0 4.0 4.0
Potential Shortfall 39.9 25.3 -
Unassigned 48.9 54.6 66.3
Unassigned at 2.00% Unassigned at 2.25% Unassigned at 2.5%
Total $ 95.1 $ 86.2 $ 72.6
Deficit $ - $ - $ -
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FUND BALANCE COMPARISON (in millions)

2021 2022
Amended Final Budget Final Budget Change
Beginning Bal. Ending Bal. Beginning Bal. Ending Bal. Beginning Bal. Ending Bal.
Restricted:
Nonspendable - Inventory $ 3.4 $ 4.0 $ 4.0 $ 4.0 $ 0.6 $ -
Donations 0.3 0.3 0.3 0.3 0.0 -
School Technology 0 - - - 0.0 -
Buses 10.6 - - - (10.6) -
School Carryover (Service Level Agreements) 12.8 - 5.0 - (7.8) -
School Carryover (Supplies) 60.7 - 130.0 - 69.3 -
School Carryover (Net Vacancy) 68.4 - 74.0 - 5.6 -
School-Based Project Carryover 7.1 - 9.0 - 1.9 -
Unrestricted:
Assigned/Indirect Costs 79 27.3 53.2 2.0 (25.8) (25.3)
Unassigned Fund Balance 48.8 54.6 54.2 66.3 5.4 11.7
Total $ 291.1 $ 86.2 $ 329.7 $ 72.6 $ 38.6 $ (13.6)

Bal. = Balance

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UNASSIGNED ENDING FUND BALANCE

• Regulation 3110 requires the District to have a 2 percent unassigned ending fund
balance.
($ IN MILLIONS)

$70 2.50%
Unassigned Fund Balance

$60 2.25%
2%
$50
1.75%
1.75%
$40
1.5%

$30 1.25%
1% 1% 1%
0.81%
$20

$10 0.30%

$0
2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022
Estimated Budgeted

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EMPLOYEE CONTRACTS STATUS

Bargaining Group Status FY 2022 FY 2023
Clark County Education Collective bargaining • Pending negotiation results • Pending negotiation results
Association CCEA agreement (CBA) pending
(Teachers) negotiation

Education Support CBA pending negotiation • Pending negotiation results • Pending negotiation results
Employees Association
ESEA
(Support Professionals)

Clark County Association of CBA pending negotiation • Pending negotiation results • Pending negotiation results
School Administrators and
Professional-technical
Employees
CCASAPE (Administrators)

Police Officers Association CBA pending negotiation • Pending negotiation results • Pending negotiation results
of the Clark County School
District
POA

Police Administrators CBA pending negotiation • Pending negotiation results • Pending negotiation results
Association
PAA

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SUPERINTENDENT’S COMMENTS
BOARD DISCUSSION AND
QUESTIONS

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