Cd'A School District to host budget workshop Friday

| January 17, 2018 12:00 AM

COEUR d’ALENE — The Board of Trustees for Coeur d’Alene Public Schools will receive a mid-year status report on the school district’s budget Friday.

“It’s also a deeper examination of our revenues and expenditures — not only a historical view, but the factors that drive our budget,” Superintendent Stan Olson said.

The meeting will begin at 9 a.m. at the Midtown Center, 1505 N. Fifth St., Coeur d’Alene. It is expected to conclude by 2:30 p.m. Lunch will be served.

The workshop is an opportunity to learn about the school district’s budget structure and process, including an overview of current budget trends. Topics include the mid-year status of the 2017-18 budget; general fund, special funds and fund balance trends; the Idaho school funding formula and its impact on Coeur d’Alene Public Schools; revenue sources and expenditures, including historical trends and recent changes; district salaries and benefits.

“The budget team wants to cast light on the district’s budget,” Olson said. “Everyone should understand how we got here, how we maintain and what we have to look at as we head into the future.”

It’s important information for the district staff and community as well as the Board, he said.

“My examination of the budget after six months is we live pretty darn close to the margin,” Olson said. “There has been very strong work by our budget officials to be able to sustain a quality program in the district with very limited resources.”

District revenues for the general fund totaled $67.9 million last school year. Nearly 76 percent of that came from the state, and about 23 percent from the local two-year supplemental levy for maintenance and operations costs.

The district’s general fund is $67.5 million. Of that, about 63 percent goes toward salaries and almost 24 percent goes toward employee benefits. Coeur d’Alene Public Schools has 1,359 employees, or a full-time equivalent of 1,194.

If you’d like to have lunch during the workshop, notify Scott Maben, director of communications, at [email protected]. Questions? Call 208-664-8241 ext. 1009.