"FORM ED-1Telephone: (503)738-5591Actual AmountAdopted BudgetApproved BudgetLast Year 2016-2017This Year 2017-2018Next Year 2018-2019$3,952,701$111,826,124$112,484,83713,599,59518,178,17418,699,0621,141,3941,174,9851,207,3041,708,2541,751,1262,636,552101,78256,0001,464,7891,918,6335,874,4334,741,6491,096,9801,218,1691,343,463125,770507,362583,997109,182,04200$132,827,151$140,586,373$143,161,652$9,600,713$10,563,323$11,068,948Other Associated Payroll Costs5,784,3297,108,6447,397,5113,161,53524,719,13666,063,7161,178,3501,656,8831,760,560319,834330,000325,000Other Objects (except debt service & interfund transfers)358,801410,331431,42995,6894,380,9154,550,640182,770507,362583,9970385,000500,000Unappropriated Ending Fund Balance & Reserves090,524,77950,479,851$20,682,022$140,586,373$143,161,652$11,517,234$13,744,196$14,239,088123.25126.34128.346,851,4997,836,3928,404,17255.557.236957.373000 Enterprise & Community Service717,685687,729724,2505.986.046.074000 Facility Acquisition & Construction1,374,14526,873,37568,202,75500095,68927,54027,540125,770507,362583,9970385,000500,000090,524,77950,479,851$20,682,022$140,586,373$143,161,652184.73189.6169191.78Rate or Amount ImposedRate or Amount ImposedRate or Amount Approved Permanent Rate Levy (Rate Limit $4.4105 per $1,000)4.41054.41054.41050.520.520.52 Levy For General Obligation Bonds$0$4,681,048$4,863,548LONG TERM DEBTGeneral Obligation BondsOther BondsOther Borrowings Total$0$105,803,955$7,395,000RESOURCES: The District is assuming steady local property tax collections and continued stable timber revenue. The City of Seaside has implemented a Southeast Seaside Urban Renewal Plan which will divert growth revenues to the Urban Renewal Agency. The District has a local option levy which will continue to assist with general operating expenses. Revenue allocations have been made to Special Revenue Funds 232 College and Career Readiness and 261 Equity in Education. The General Obligation Bond for the K-12 campus project is still active. REQUIREMENTS: The Districts budget represents an increase over actual 2017-2018. General Fund stafn1/4ng will increase 1.0 FTE licensed elementary physical education teacher. General Fund transfers will be allocated to ASPIRE, Food Service, Equity in Education and Capital Maintenance Reserve funds. Allocations have been made to support projected Charter School requirements. Vehicle replacement includes three buses. Special Revenue Funds stafn1/4ng increases include a 1.0 FTE licensed Culinary Arts/Hospitality teacher and a .50 FTE licensed Instructional Coach. Debt service has been allocated for GO bond payment. Appropriations will continue for required bond construction costs.$0$0$0Estimated Debt Outstanding Not Incurred on July 1Estimated Debt Authorized, But FTE FTE FTE Total Requirementson July 1$1,196,299$97,212,656STATEMENT OF CHANGES IN ACTIVITIES and SOURCES OF FINANCING Local Option Levy5000 Other Uses 5100 Debt Service* 5200 Interfund Transfers*6000 Contingency * not included in total 5000 Other Uses. To be appropriated separately from other 5000 expenditures. Total FTECurrent Year Property Taxes, other than Local Option TaxesCurrent Year Local Option Property TaxesFINANCIAL SUMMARY – REQUIREMENTS AND FULL-TIME EQUIVALENT EMPLOYEES (FTE) BY FUNCTIONPurchased ServicesDebt Service*Revenue from Intermediate SourcesRevenue from Federal SourcesRevenue from State Sources Total ResourcesEmail: email@example.com NOTICE OF BUDGET HEARING FINANCIAL SUMMARY – RESOURCESTOTAL OF ALL FUNDSContact: Justine N HillSalariesOperating ContingencyInterfund Transfers* Total Requirements FTESupplies & MaterialsPROPERTY TAX LEVIES2000 Support ServicesInterfund TransfersSTATEMENT OF INDEBTEDNESSBeginning Fund Balance7000 Unappropriated Ending Fund BalanceOther Revenue from Local Sources1000 InstructionFINANCIAL SUMMARY – REQUIREMENTS BY OBJECT CLASSIFICATIONAll Other Budget ResourcesCapital OutlayAGpublicGmeetingGofGtheGSeasideGSchoolGDistrictG10GwillGbeGheldGonGJuneG19,G2018GatG6:00GpmGatG1801GSouthGFranklinGStreet,GSeaside,GOregon.GTheGpurposeGofGthisGmeetingGisGtoGdiscussGtheGbudgetGforGtheGfiscalGyearGbeginningGJulyG1,G2018GasGapprovedGbyGtheGSeasideGSchoolGDistrictG10GBudgetGCommittee.GGAGsummaryGofGtheGbudgetGisGpresentedGbelow.GAGcopyGofGtheGbudgetGmayGbeGinspectedGorGobtainedGatG1801GSouthGFranklinGStreet,GSeaside,GOregonGbetweenGtheGhoursGofG8:00GamGandG4:00Gpm,GorGonlineGatGwww.seaside.k12.or.us.GThisGbudgetGisGforGanGannualGbudgetGperiod.GGThisGbudgetGwasGpreparedGonGaGbasisGofGaccountingGthatGisGtheGsameGasGtheGprecedingGyear.GGAB6804Published: June 7, 2018"