LEA Name :  Keystone Oaks SD	Class : 3	AUN Number: 103025002	County : All egheny

FINAL GENERAL FUND BUDGET
Fi scal  Year 2016-2017

gologram@kosd.org
Email Address

Extension

E xtn :

( 412)571-6025
Telephone

Sharon Gologram
Contac t Person

Date  ·	;

,
Date

D ate

Se

PresidofthtBoard - Original Signature Requi red

Gen eral Fund Budget Approval

Date of Adoptio n of the General Fund Budget:

Printed 6/21/2016 4:32:40PM	Page1

Printed 6/30/2016 1:09:58 PM

ITEM	

AMOUNTS		

Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year			
0810 Nonspendable Fund Balance	9,808		
0820 Restricted Fund Balance			
0830 Committed Fund Balance	2,601,128		
0840 Assigned Fund Balance	29,596		
0850 Unassigned Fund Balance	2,104,216		
Total Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The		
4,734,940	
Fiscal Year			
Estimated Revenues And Other Financing Sources			
6000 Revenue from Local Sources	28,874,424		
7000 Revenue from State Sources	10,811,514		
8000 Revenue from Federal Sources	847,073		
9000 Other Financing Sources			
Total Estimated Revenues And Other Financing Sources		40,533,011	

2016-2017 Final General Fund Budget (PDE-2028)	Estimated Revenues and Other Financing Sources: Budget Summary LEA : 103025002	Keystone Oaks SD
Page - 1 of 1

Total Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation

45,267,951

Page 1

2016-2017 Final General Fund Budget (PDE-2028)	Estimated Revenues and Other Financing Sources: Detail LEA : 103025002	Keystone Oaks SD
Printed 6/30/2016 1:09:58 PM

Page - 1 of 1

Amount

REVENUE FROM LOCAL SOURCES
6111	Current Real Estate Taxes	24,696,760	
6113	Public Utility Realty Taxes	30,500	
6140	Current Act 511 Taxes - Flat Rate Assessments	71,000	
6150	Current Act 511 Taxes - Proportional Assessments	2,941,164	
6400	Delinquencies on Taxes Levied / Assessed by the LEA	600,000	
6500	Earnings on Investments	15,000	
6700	Revenues from LEA Activities	20,000	
6800	Revenues from Intermediary Sources / Pass-Through	230,000	
Funds 6910	
Rentals	
10,000	
6940	Tuition from Patrons	180,000	

6960 Services Provided Other Local Governmental Units / LEAs	80,000	
REVENUE FROM LOCAL SOURCES	28,874,424	
REVENUE FROM STATE SOURCES		
7110  Basic Education Funding	4,836,558
7160  Tuition for Orphans Subsidy	10,500
7271  Special Education funds for School-Aged Pupils	1,462,895
7310  Transportation (Pupil and Nonpublic/CS)	505,000

7320 Rental and Sinking Fund Payments / Building Reimbursement Subsidy

511,829

7330  Health Services (Medical, Dental, Nurse, Act 25)	45,000
7340  State Property Tax Reduction Allocation	848,605
7505  Ready to Learn Block Grant	231,127
7810  State Share of Social Security and Medicare Taxes	610,000

7820 State Share of Retirement Contributions	1,750,000	
REVENUE FROM STATE SOURCES	10,811,514	
REVENUE FROM FEDERAL SOURCES		

8511 Grants for IDEA and NCLB Programs Not Specified Elsewhere in the 8510 Series
8514 NCLB, Title I - Improving the Academic Achievement of the Disadvantaged
8515 NCLB, Title II - Preparing, Training and Recruiting High Quality Teachers and Principals

203,000

519,310

104,763

8810 School-Based Access Medicaid Reimbursement
Program (SBAP) Reimbursements (Access)	20,000	
REVENUE FROM FEDERAL SOURCES	847,073
TOTAL ESTIMATED REVENUES AND OTHER SOURCES	40,533,011	

Page 2

2016-2017 Final General Fund Budget (PDE-2028)

AUN: 103025002	Keystone Oaks SD		Real Estate Tax Rate (RETR) Report for 2016-2017
Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code	
Printed 6/30/2016 1:09:59 PM		Page - 1 of 3	
Act 1 Index (current): 2.4% Calculation Method:	

Rate		

Approx. Tax Revenue from RE Taxes:	$24,696,760		
Amount of Tax Relief for Homestead Exclusions	$848,605		
Total Approx. Tax Revenue:	$25,545,365		
Approx. Tax Levy for Tax Rate Calculation:	$26,574,397
Allegheny	
Total	
2015-16 Data			
a. Assessed Value	$1,353,629,279	$1,353,629,279	
b. Real Estate Mills	18.6300		
I. 2016-17 Data			
c. 2014 STEB Market Value	$1,157,547,544	$1,157,547,544		
d. Assessed Value	$1,392,999,824	$1,392,999,824		
e. Assessed Value of New Constr/ Renov	$0	$0		
2015-16 Calculations				
f. 2015-16 Tax Levy	$25,218,113	$25,218,113		
(a * b)
2016-17 Calculations				
g. Percent of Total Market Value	100.00000%	100.00000%	
II.	h. Rebalanced 2015-16 Tax Levy	$25,218,113	$25,218,113	
(f Total * g)
i. Base Mills Subject to Index	18.6300
(h / a * 1000) if no reassessment (h / (d-e) * 1000) if reassessment
Calculation of Tax Rates and Levies Generated

j. Weighted Avg. Collection Percentage	96.00000%	96.00000%	
k. Tax Levy Needed	$26,574,397	$26,574,397	

III.

(Approx. Tax Levy * g)
l.	2016-17 Real Estate Tax Rate	19.0771
(k / d * 1000)
m.	Tax Levy Generated by Mills	$26,574,397	$26,574,397 (l / 1000 * d)
n.	Tax Levy minus Tax Relief for Homestead Exclusions	$25,725,792 (m - Amount of Tax Relief for Homestead Exclusions)
o.	Net Tax Revenue Generated By Mills	$24,696,760

Page 3

(n * Est. Pct. Collection)

2016-2017 Final General Fund Budget (PDE-2028)

AUN: 103025002	Keystone Oaks SD		Real Estate Tax Rate (RETR) Report for 2016-2017
Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code	
Printed 6/30/2016 1:09:59 PM		Page - 2 of 3	
Act 1 Index (current): 2.4% Calculation Method:	
Rate		

Approx. Tax Revenue from RE Taxes:	$24,696,760		
Amount of Tax Relief for Homestead Exclusions	$848,605		
Total Approx. Tax Revenue:	$25,545,365		
Approx. Tax Levy for Tax Rate Calculation:	$26,574,397
Allegheny	
Total	
Index Maximums			
p. Maximum Mills Based On Index	19.0771		

IV.

(i * (1 + Index))
q.	Mills In Excess of Index	0.0000
(if (l > p), (l - p))
r.	Maximum Tax Levy Based On Index	$26,574,397	$26,574,397 (p / 1000 * d)
s.	Millage Rate within Index?	Yes
(If l > p Then No)
t.	Tax Levy In Excess of Index	$0	$0 (if (m > r), (m - r))
u.	Tax Revenue In Excess of Index	$0	$0 (t * Est. Pct. Collection)
q.	

Information Related to Property Tax Relief			
Assessed Value Exclusion per Homestead	$8,108		
V.	Number of Homestead/Farmstead Properties	5486	5486	
Median Assessed Value of Homestead Properties		$113,700	

Page 4

2016-2017 Final General Fund Budget (PDE-2028)	Real Estate Tax Rate (RETR) Report for 2016-2017

AUN: 103025002	Keystone Oaks SD
Printed 6/30/2016 1:09:59 PM

Multi-County Rebalancing Based on Methodology of Section 672.1 of School Code
Page - 3 of 3

Act 1 Index (current): 2.4%
Calculation Method:	Rate

Approx. Tax Revenue from RE Taxes:	$24,696,760 Amount of Tax Relief for Homestead Exclusions		$848,605 Total Approx. Tax Revenue:	$25,545,365
Approx. Tax Levy for Tax Rate Calculation:	$26,574,397
Allegheny	Total

State Property Tax Reduction Allocation used for: Homestead Exclusions	$848,605	Lowering RE Tax Rate	$0	$848,605	
Prior Year State Property Tax Reduction Allocation used for: Homestead Exclusions	$0			$0	
Amount of Tax Relief from State/Local Sources				$848,605	

Page 5

2016-2017 Final General Fund Budget (PDE-2028)	Local Education Agency Tax Data

LEA : 103025002	Keystone Oaks SD
Printed 6/30/2016 1:10:00 PM

REAL ESTATE, PER CAPITA (SEC. 679), EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511)
Page - 1 of 1

CODE
6111 Current County Name	

Real Estate Taxes	Amount of Tax Relief for	Tax Levy Minus Homestead
Taxable Assessed Value    Real Estate Mills	Tax Levy Generated by Mills	Homestead Exclusions	Exclusions	Percent Collected		

Net Tax Revenue Generated By Mills	
Allegheny	1,392,999,824	19.0771	26,574,397					96.00000%			
Totals:	1,392,999,824		26,574,397	-	848,605	=	25,725,792	X	96.00000%	=	24,696,760	
		
Rate			
Estimated Revenue	
6120	Current Per Capita Taxes, Section 679	$0.00			0	
6140	Current Act 511 Taxes – Flat Rate Assessments	Rate	Add'l Rate (if appl.)	Tax Levy	Estimated Revenue	
6141	Current Act 511 Per Capita Taxes	$0.00	$0.00	0	0	
6142	Current Act 511 Occupation Taxes – Flat Rate	$0.00	$0.00	0	0	
6143	Current Act 511 Local Services Taxes	$5.00	$0.00	71,000	71,000	
6144	Current Act 511 Trailer Taxes	$0.00	$0.00	0	0	
6145	Current Act 511 Business Privilege Taxes – Flat Rate	$0.00	$0.00	0	0	
6146	Current Act 511 Mechanical Device Taxes – Flat Rate	$0.00	$0.00	0	0	
6149	Current Act 511 Taxes, Other Flat Rate Assessments	$0.00	$0.00	0	0	
	Total Current Act 511 Taxes – Flat Rate Assessments			71,000	71,000	
6150	Current Act 511 Taxes – Proportional Assessments	Rate	Add'l Rate (if appl.)	Tax Levy	Estimated Revenue	
6151	Current Act 511 Earned Income Taxes	0.500%	0.000%	2,741,164	2,741,164	
6152	Current Act 511 Occupation Taxes	0.000	0.000	0	0	
6153	Current Act 511 Real Estate Transfer Taxes	0.500%	0.000%	200,000	200,000	
6154	Current Act 511 Amusement Taxes	0.000%	0.000%	0	0	
6155	Current Act 511 Business Privilege Taxes	0.000	0.000	0	0	
6156	Current Act 511 Mechanical Device Taxes – Percentage	0.000%	0.000%	0	0	
6157	Current Act 511 Mercantile Taxes
Current Act 511 Taxes, Other Proportional Assessments	0.000
0	0.000
0	0
0	0
0	
6159						
Total Current Act 511 Taxes – Proportional Assessments
Total Act 511, Current Taxes				2,941,164	2,941,164
3,012,164	
	Act 511 Tax Limit	-->	1,157,547,544 X
Market Value	12
Mills	13,890,571
(511 Limit)	

Page 6

2016-2017 Final General Fund Budget (PDE-2028)	Comparison of Tax Rate Changes to Index
LEA : 103025002	Keystone Oaks SD
Printed 6/30/2016 1:10:01 PM	Page - 1 of 1

Tax Functio n	

Description	Tax Rate Charged in:	
Percent Change in Rate	
Less than or equal to Index	

Index	Additional Tax Rate Charged in:	
Percent Change in Rate	
Less than or equal to Index	
		2015-16
(Rebalanced)	2016-17				2015-16
(Rebalanced)	2016-17			
6111	Current Real Estate Taxes					
2.4%
2.4%

2.4%
2.4%
2.4%
2.4%
2.4%
2.4%
2.4%

2.4%
2.4%
2.4%
2.4%
2.4%
2.4%
2.4%
2.4%		
	Allegheny	18.6300	19.0771	2.40%	Yes			
6120	Current Per Capita Taxes, Section 679							
Current Act 511 Taxes – Flat Rate Assessments							
6141	Current Act 511 Per Capita Taxes							
6142	Current Act 511 Occupation Taxes - Flat Rate							
6143	Current Act 511 Local Services Taxes	$5.00	$5.00	0.00%	Yes			
6144	Current Act 511 Trailer Taxes							
6145	Current Act 511 Business Privilege Taxes - Flat							
	Rate							
6146	Current Act 511 Mechanical Device Taxes - Flat							
	Rate							
6149	Current Act 511 Taxes, Other Flat Rate							
	Assessments							
Current Act 511 Taxes – Proportional Assessments							
6151	Current Act 511 Earned Income Taxes	0.500%	0.500%	0.00%	Yes			
6152	Current Act 511 Occupation Taxes							
6153	Current Act 511 Real Estate Transfer Taxes	0.500%	0.500%	0.00%	Yes			
6154	Current Act 511 Amusement Taxes							
6155	Current Act 511 Business Privilege Taxes							
6156	Current Act 511 Mechanical Device Taxes -							
	Percentage							
6157	Current Act 511 Mercantile Taxes							
6159	Current Act 511 Taxes, Other Proportional							
	Assessments							

Page 7

4,753,000
40,955,086

Total Other Expenditures and Financing Uses
Total Estimated Expenditures and Other Financing Uses

2016-2017 Final General Fund Budget (PDE-2028)	Estimated Expenditures and Other Financing Uses: Budget Summary LEA : 103025002	Keystone Oaks SD
Printed 6/30/2016 1:10:09 PM	Page - 1 of 1

Description
1000 Instruction	Amount	
1100 Regular Programs - Elementary / Secondary	15,686,889	
1200 Special Programs - Elementary / Secondary	4,530,609	
1300 Vocational Education	528,723	
1400 Other Instructional Programs - Elementary / Secondary	939,475	
1600 Adult Education Programs	130,568	
Total Instruction	21,816,264	
2000	Support Services		
2100 Support Services - Students	1,230,783	
2200 Support Services - Instructional Staff	602,727	
2300 Support Services - Administration	2,284,478	
2400 Support Services - Pupil Health	522,498	
2500 Support Services - Business	529,858	
2600 Operation and Maintenance of Plant Services	4,719,767	
2700 Student Transportation Services	2,255,170	
2800 Support Services - Central	1,200,280	
Total	Support Services	13,345,561	
3000 Operation of Non-Instructional Services		
3200 Student Activities	1,005,540	
3300 Community Services	34,721	
Total	Operation of Non-Instructional Services	1,040,261	
5000 Other Expenditures and Financing Uses		
5100 Debt Service / Other Expenditures and Financing Uses	4,723,000	
5200 Interfund Transfers - Out	30,000	

Page 1

Page 2

2016-2017 Final General Fund Budget (PDE-2028)	Estimated Expenditures and Other Financing Uses: Detail LEA : 103025002	Keystone Oaks SD
Printed 6/30/2016 1:10:10 PM	Page - 1 of 3

Description	Amount
1000 Instruction
1100 Regular Programs - Elementary / Secondary
100 Personnel Services - Salaries	8,732,576	
200 Personnel Services - Employee Benefits	5,793,313	
300 Purchased Professional and Technical Services	408,750	
400 Purchased Property Services	115,100	
500 Other Purchased Services	7,250	
600 Supplies	618,300	
700 Property	11,600	
Total Regular Programs - Elementary / Secondary	15,686,889	
1200 Special Programs - Elementary / Secondary		
100 Personnel Services - Salaries	1,949,547	
200 Personnel Services - Employee Benefits	1,340,372	
300 Purchased Professional and Technical Services	334,000	
500 Other Purchased Services	881,940	
600 Supplies	24,750	
Total Special Programs - Elementary / Secondary	4,530,609	
1300 Vocational Education		
500 Other Purchased Services	528,723	
Total Vocational Education	528,723	
1400 Other Instructional Programs - Elementary / Secondary		
100 Personnel Services - Salaries	55,000	
200 Personnel Services - Employee Benefits	19,175	
300 Purchased Professional and Technical Services	15,000	
500 Other Purchased Services	850,300	
Total Other Instructional Programs - Elementary / Secondary	939,475	
1600 Adult Education Programs		
100 Personnel Services - Salaries	100,000	
200 Personnel Services - Employee Benefits	26,868	
500 Other Purchased Services	1,200	
600 Supplies	2,500	
Total Adult Education Programs	130,568	
Total Instruction	21,816,264	
2000 Support Services		
2100 Support Services - Students		
100 Personnel Services - Salaries	732,828	
200 Personnel Services - Employee Benefits	466,605	
500 Other Purchased Services	7,100	
600 Supplies	24,250	
Total Support Services - Students	1,230,783	
2200 Support Services - Instructional Staff		
100 Personnel Services - Salaries	301,533	

Page 3

2016-2017 Final General Fund Budget (PDE-2028)	Estimated Expenditures and Other Financing Uses: Detail LEA : 103025002	Keystone Oaks SD
Printed 6/30/2016 1:10:10 PM	Page - 2 of 3

Description
200 Personnel Services - Employee Benefits	Amount
192,894	
300 Purchased Professional and Technical Services	80,000	
500 Other Purchased Services	1,500	
600 Supplies	26,150	
800 Other Objects	650	
Total Support Services - Instructional Staff	602,727	
2300 Support Services - Administration		
100 Personnel Services - Salaries	1,171,593	
200 Personnel Services - Employee Benefits	688,235	
300 Purchased Professional and Technical Services	227,500	
500 Other Purchased Services	99,500	
600 Supplies	22,750	
700 Property	2,000	
800 Other Objects	72,900	
Total Support Services - Administration	2,284,478	
2400 Support Services - Pupil Health		
100 Personnel Services - Salaries	259,788	
200 Personnel Services - Employee Benefits	150,110	
300 Purchased Professional and Technical Services	100,000	
500 Other Purchased Services	600	
600 Supplies	12,000	
Total Support Services - Pupil Health	522,498	
2500 Support Services - Business		
100 Personnel Services - Salaries	258,099	
200 Personnel Services - Employee Benefits	181,859	
300 Purchased Professional and Technical Services	64,000	
400 Purchased Property Services	4,600	
500 Other Purchased Services	12,500	
600 Supplies	4,000	
700 Property	4,000	
800 Other Objects	800	
Total Support Services - Business	529,858	
2600 Operation and Maintenance of Plant Services		
100 Personnel Services - Salaries	1,380,490	
200 Personnel Services - Employee Benefits	1,130,677	
300 Purchased Professional and Technical Services	353,000	
400 Purchased Property Services	1,085,400	
500 Other Purchased Services	348,200	
600 Supplies	176,000	
700 Property	246,000	
Total Operation and Maintenance of Plant Services	4,719,767	
2700 Student Transportation Services		
100 Personnel Services - Salaries	78,301	
200 Personnel Services - Employee Benefits	37,869	
500 Other Purchased Services	2,059,000	

Total Community Services	34,721	
Total  Operation of Non-Instructional Services	1,040,261	
5000 Other Expenditures and Financing Uses		
5100 Debt Service / Other Expenditures and Financing Uses		

2016-2017 Final General Fund Budget (PDE-2028)	Estimated Expenditures and Other Financing Uses: Detail LEA : 103025002	Keystone Oaks SD
Printed 6/30/2016 1:10:10 PM	Page - 3 of 3

Description	Amount
600 Supplies	80,000
Total Student Transportation Services	2,255,170

Total Support Services - Central	1,200,280	
Total  Support Services	13,345,561	
3000 Operation of Non-Instructional Services		
3200 Student Activities		

2800 Support Services - Central
100	Personnel Services - Salaries	329,086	
200	Personnel Services - Employee Benefits	175,194	
300	Purchased Professional and Technical Services	50,000	
500	Other Purchased Services	6,000	
600	Supplies	120,000	
700	Property	520,000	

			

100	
Personnel Services - Salaries	
465,454	
200	Personnel Services - Employee Benefits	188,866	
300	Purchased Professional and Technical Services	28,000	
400	Purchased Property Services	10,000	
500	Other Purchased Services	82,650	
600	Supplies	161,550	
700	Property	33,800	
800	Other Objects	35,220	
Total Student Activities	1,005,540	
3300 Community Services		
100 Personnel Services - Salaries	25,000	
200 Personnel Services - Employee Benefits	9,721	

		

800 Other Objects	
858,000	
900 Other Uses of Funds	3,865,000	
Total Debt Service / Other Expenditures and Financing Uses	4,723,000	
5200 Interfund Transfers - Out		
900 Other Uses of Funds	30,000	
Total Interfund Transfers - Out	30,000	
Total Other Expenditures and Financing Uses
TOTAL EXPENDITURES	4,753,000
40,955,086	

Page 4