Budget & Finance

June 10, 2016 3:48 PM

Budget Update - Capital Fund Transfers

We want to address some recent questions regarding the District’s fund balance and why we transfer money from our general fund into our capital fund.

June 3, 2016 3:24 PM

Budget Update - 2015-2016 Year Finances

The 2015-16 school year finances are projected to end with $195M in revenue as compared to $184M in expenses. The difference of $11.0M combined with increased revenue for 2016-17 from enrollment and state funding will be used to offset increased operating costs for the...

May 27, 2016 4:00 PM

Budget Update - Federal Grant and State Program Funding

The district general fund budget was $193M for 2015-16, and is expected to be just over $200M for 2016-17. This includes close to $17.0M in federal grant and state program funding with a primary focus of supporting student learning. These grants and programs include...

May 20, 2016 4:00 PM

Budget Update - District Security

The top priority of Kennewick School District is the safety of students and staff. Frequently, we see news of horrific incidents occurring at school districts across the nation, endangering the safety of students and staff. Tragic events in 2012 at Sandy Hook Elementary in Connecticut...

May 12, 2016 8:00 AM

Budget Update - K-3 Class Size Grant Announcement

The state transition to funding all-day kindergarten and also funding lower class sizes at grades K-3 has left most school districts scrambling to figure out how to add and fund additional classroom space. Kennewick has been adding portables at many of our elementary schools to...

May 6, 2016 12:51 PM

Budget Update - Extracurricular Athletic Activity Funding

We are often asked about extracurricular athletic and activity funding. Extracurricular activities can be an important part of a student’s middle and high school years. In our district, over 3,500 students participate in extracurricular athletic activities during a school year in grades 7th through 12th.

April 29, 2016 11:27 AM

Budget Update - Construction Funding

Our district elementary and middle school construction projects are continuing to progress within their scheduled timelines for completion. Sage Crest and Desert Hills will open for the start of the upcoming 2016-17 school year with the new Chinook building opening sometime in January...

April 22, 2016 1:34 PM

Budget Update - Curriculum Adoption Process

Eight years ago, the district implemented a district-wide curriculum adoption process. Prior to the district-wide process, every four years, a building was allocated a set amount of funding per student to support adoption of curriculum chosen by each building (CIRCLE).

April 15, 2016 4:30 PM

Budget Update - Transportation Funding

One of the areas that the state, through the McCleary ruling, had been tasked with addressing was the full funding of student transportation. Full funding of student transportation is based on a formula that includes various factors such as district square miles, number of routes...

April 1, 2016 4:30 PM

Budget Update - State Budget Overview

Earlier this week, the legislature passed a 2016-17 supplemental budget that increases the 2015-17 state biennium budget by $191M. Because the biennium budget is $38.2B, an increase of $191M represents only minor adjustments, with the K-12 budget being increased by just over $11.0M.

March 25, 2016 3:30 PM

Budget Update - Health Insurance

Health insurance premium costs continue to increase every year with another increase expected for next year. We recommend that employees annually review and understand the health plan they are on, particularly the primary benefits, deductibles, and maximum out of pocket costs that could...

March 18, 2016 3:40 PM

Budget Update - Refinance of Bond Debt

Just this past week, the District completed a refinancing of $36.8M of outstanding debt associated with the $68.0M 2009 bond issue. The $68.0M bond issue funded the construction of Cottonwood and the renovation of Canyon View, Sunset View, Southgate, Cascade, Lincoln, and Eastgate.

March 11, 2016 3:15 PM

Budget Update - Operating Costs of New Schools

In discussing the budget for 2016-17, I have mentioned the added costs to operate the two new schools, Sage Crest and Chinook, which will open next year. The scope of added costs to the budget is broad, including various staff and non-staff costs...

March 4, 2016 12:00 PM

Budget Update - District Operating Fund Balance

The District finances were in a healthy state coming into the 2015-16 school year. As a result of the McCleary ruling, the District has received over $15.0M of increased funding from the state over the past two years, primarily for full-day kindergarten, K-3 class size reduction, transportation...

February 26, 2016 12:00 PM

Budget Update - State Budget Progress Update

Earlier this week both the House and Senate released their Supplemental Operating Budgets for the 2015-2017 biennium. Only minor adjustments to the biennium budget were anticipated, as there has been no significant increase in State revenues...

February 19, 2016 12:00 PM

Budget Update - K-3 Class Size Reduction & Classroom Space Grant

As I mentioned two weeks ago, one of the positive funding enhancements that the legislature has enacted recently is provide additional funding for reducing class sizes in grades K-3. If a district meets certain class size numbers, the state provides additional funding to pay for a teacher...

February 12, 2016 12:00 PM

Budget Update - State Budget Progress Update

As I mentioned last week, the Legislature has made significant progress in meeting many of the obligations that the Supreme Court addressed in the McCleary decision. However, the most difficult issue remains, and that is the issue of how to reduce the reliance on local levies to fund...

February 5, 2016 12:00 PM

Budget Update - State Budget Challenges

Last week, I touched on some of the budget issues our legislators are facing as they work toward addressing the full funding of K-12 education under the McCleary decision. This week I wanted to review some of the areas in the state biennium budget passed last year where the legislature....

January 29, 2016 12:00 PM

Budget Update - State Budget Preview

The next few months, as the Legislature is in session, I am planning on sending periodic comments on the Legislature’s efforts related to school funding, as well as some other topics related to school finance in Washington state...