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13 <br />1 <br />• Impact of School Funding formula changes <br />2 <br />• Renovations to school facilities <br />3 <br />• Potential charter student increase — loss of State and <br />Local funds <br />4 <br />5 <br />2018 -19 Student Enrollment Protection <br />6 <br />2018 -19 Enrollment Projection 12,348 <br />7 <br />2017 -18 State Enrollment Projection 12,239 <br />8 <br />District Projected Enrollment Increase 109 <br />9 <br />10 <br />Projected Local Revenue Increase <br />11 <br />• County per pupil for enrollment change $ 431,067 <br />12 <br />• 1 % Inflationary increase to district tax 346,393 <br />13 <br />• Net change in other Local revenues 175,000 <br />14 <br />Total Net Increase $ 952,460 <br />15 <br />16 <br />Projected State Mandates <br />17 <br />State Mandates <br />18 <br />• 6.9% State pay raise for teachers incl. benefits $ <br />1,488,731 <br />19 <br />• $1,000 pay raise for other employees <br />857,000 <br />20 <br />• State retirement match increase <br />21 <br />(17.13% to 17.64% est.) <br />500,000 <br />22 <br />• Employer health insurance match increase <br />23 <br />($5984 to $6104 est.) <br />211,500 <br />24 <br />TOTAL OF CONTINUATION BUDGET REQUEST <br />$3057,231 <br />25 <br />26 <br />Local Expansion Budget Requests <br />27 <br />Expansion Budget Requests <br />28 <br />• Schools' Expansion Requests <br />$2,070,750 <br />29 <br />• Support Services <br />345,000 <br />30 <br />• Transportation Department <br />55,218 <br />31 <br />• Facilities Department <br />133,000 <br />32 <br />• Exceptional Children's Department <br />382,988 <br />33 <br />• Curriculum and Instruction <br />163,300 <br />34 <br />TOTAL <br />$3,150,256 <br />35 <br />36 <br />TOTAL OF STATE MANDATES AND EXPANSION BUDGET REQUESTS <br />37 <br />• State Mandates $3,057,231 <br />38 <br />• Expansion Requests 3,150,256 <br />39 <br />TOTAL $6207487 <br />40 <br />41 <br />PROJECTED REVENUES COMPARED TO GRAND TOTAL OF REQUESTED <br />42 <br />EXPENDITURES <br />43 <br />• Revenue Increase $ 952,460 <br />44 <br />• Less: Grand total of request $6,207,487 <br />45 <br />• Budget Shortfall ($5,255,027) <br />46 <br />47 <br />48 <br />Ad Valorem Tax Increase Reauired to Fund Budaet Shortfall <br />49 Using Current Year Valuation: <br />