Lexington District One continues 2020–2021 budget process (school year 2020–2021)
The second reading was presented at the June 2, 2020 Lexington County School District One Board Meeting.
On June 23, 2020, the board holds a budget presentation and public hearing before the regular monthly board meeting. District administrators will present the proposed 2020–2021 general fund operating budget for third reading and board approval during the regular monthly board meeting.
The 2020–2021 general fund budget is $287,169,334 — down $7,954,415 (a 2.7% decrease) from this year’s 2019–2020 general fund budget of $295,123,749. It consists of approximately 87.7 percent salaries and related costs, 7.7 percent for programs and services, and 4.6 percent for utilities and maintenance.
With this budget the district:
provides funding for the day-to-day operations of the district, such as paying salaries, insurance and utilities, and purchasing supplies, materials and services. This is not to be confused with the district’s capital budget, which funds fixed assets such as facilities and equipment.
includes funding to meet state and federal requirements. This includes inflationary costs and provides for the opening of Centerville Elementary School, the restructuring of Gilbert Elementary School, the relocation of Pelion Middle School and the opening of the district’s College Center located at Gilbert High School.
maintains employee salaries and steps at the current level until the state passes an appropriations bill, and includes cuts to programs and services, fees and other areas.
continues to monitor the economy and any future budget action of the General Assembly.
includes a 10-cent increase in school meal prices, which are set based on guidance from the United States Department of Agriculture’s Paid Lunch Equity program.
proposes a 2.7 percent decrease from the prior year (down $7,954,415).
reflects a decrease of 2.75% in salaries and related costs.
reflects a 2.3% reduction in programs and services.
Factors influencing the proposed 2020–2021 general fund operating budget
The district anticipates a 2% student increase — an additional 527 students and an increase of 15.5 FTE. This proposed budget is smaller, however, than the district’s current (2019–2020) general fund operating budget. To achieve this, it maintains employee salaries and steps at the current level until the state passes an appropriations bill, and includes cuts to programs and services, fees and other areas.
District administrators felt it important to consider the impact of the COVID-19 pandemic on businesses, county and state tax revenue, and local assessment projections. As a result, district administrators used cautious projections for revenue, and did not recommend a millage increase for operations.
Growth impacts the budget. Just how fast is the district growing?
Lexington District One remains one of the state’s fastest-growing school districts — adding 2,089 5K–Grade 12 students over the past 5 years (2015–2016 to 2019–2020), an average growth of 511 new students each year. Currently, the district serves 27,335 students (actual students not average daily membership) from Prekindergarten through Grade 12.
Administrators project a growth of 527 students (2%) and 15.5 FTE for the upcoming 2020–2021 year.
What does the general fund operating budget fund?
The district’s general fund operating budget provides funding for the day-to-day operations of the district such as paying salaries, insurance and utilities, and purchasing supplies, materials and services. This is not to be confused with the district’s capital budget that funds fixed assets such as facilities and equipment, major building projects, technology and renovation projects through bonds, etc.
Many things impact a school district’s general fund budget each year — student growth, student-to-teacher ratios, tax collection rates, property tax relief, changes in other revenue from state and federal government, program needs and mandates such as increases in the cost of district employee health insurance, retirement or other benefits.
2020–2021 School Fees