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Ordinance No. 2020-04 Adopting ACES Budget for FY 2020-2021 - May 5, 2020City of Aventura Ave ntu ra C i ty of E xce I Ie nce Sch oo Charter c hoof Budget FISCAL YEAR 2020/2021 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND BUDGET FISCAL YEAR 2020/2021 'ACES EAGLES Board of Directors Mayor Enid Weisman Commissioner Marc Narotsky Commissioner Denise Landman Commissioner Dr. Linda Marks Commissioner Gladys Mezrahi Commissioner Robert Shelley Commissioner Howard Weinberg City Manager Ronald J. Wasson Principal Anthony Tyrkala Assistant Principals Leslie Lee Jorge Paz Administrative and Educational Services Provided by: Charter Schools USA THIS PAGE HAS INTENTIONALLY BEEN LEFT BLANK CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND BUDGET FISCAL YEAR 2020/2021 Table of Contents City Manager's Budget Message.................................................................................................................. i -ix Comparative Personnel Allocation Summary ................................................................................................. vii Full -Time Staff Comparison Chart................................................................................................................. viii Organization Chart/ Vision Statement............................................................................................................. x INTRODUCTION.............................................................................................................................................1 Organization and Operations..................................................................................................................2 Budget Process and Procedures........................................................................................................ 3-5 FinancialPolicies................................................................................................................................ 5-6 Philosophy and Essential Elements.................................................................................................... 6-7 Curriculum........................................................................................................................................... 7-9 Performance Criteria Matrix....................................................................................................................9 Budget Preparation Calendar................................................................................................................10 DEPARTMENT DESCRIPTION & SUMMARY OF FUND........................................................................11-12 REVENUE PROJECTION & RATIONALE...............................................................................................13-16 BUDGETARY ACCOUNT SUMMARY BY EXPENDITURE FUNCTION.................................................17-27 K-3 Basic 5101......................................................................................................................................18 4-8 Basic 5102......................................................................................................................................19 Exceptional Student Program 5250......................................................................................................20 SubstituteTeachers 5901.....................................................................................................................21 Instructional Media Services 6200........................................................................................................22 School Administration 7300..................................................................................................................23 PupilTransit Services 7800..................................................................................................................24 Operationof Plant 7900........................................................................................................................25 Child Care Supervision 9102................................................................................................................26 CapitalOutlay 7400..............................................................................................................................27 AdoptingOrdinance..................................................................................................................................29-33 THIS PAGE HAS INTENTIONALLY BEEN LEFT BLANK City ®f . Aventura cls �xL�C Government Center 19200 West Country Club Drive a lhv Aventura, Florida 33180 Office of the City Manager April 16, 2020 The Honorable Mayor and City Commission Aventura City of Excellence School Board of Directors City of Aventura Aventura, Florida 33180 RE: 2020/2021 Charter School Fund Budget Message Members of the City Commission: In accordance with Article IV, Section 4.05 of the City of Aventura (the "City") Charter, I hereby submit the proposed Budget for the Charter School Fund for the fiscal year beginning July 1, 2020, for your review and consideration. This budget document represents the 18th year of operation of the Aventura City of Excellence School (the "School"). Our goal in the development and preparation of a realistic balanced budget was to provide the funding levels that are necessary to maintain quality educational services for its students. Budget Format/Transparency The format of the budget is in accordance with guidelines adopted by the State and School Board of Miami -Dade County, Florida and utilizes the school system's account codes as well. The proposed budget was prepared with input from the School's administrative staff and Charter Schools USA ("CSUSA"). Significant Factors Affecting Budget Preparation At the time this budget was prepared, we were in the middle of a global pandemic crisis commonly known as "COVID-19". This rapidly evolving situation is surrounded by uncertainty at every level. Although the Florida Legislature recently adjourned its 2020 regular session, it is highly likely that they will hold an emergency special legislative session, over the next couple of months, to deal with the economic impacts to the State as a result of the crisis. Since the financial impact to the State is unknown at this time, this budget has been prepared in the most conservative manner by holding most operating revenues and expenditures relatively flat and increasing teacher compensation where needed. In the past, the School has continually demonstrated that it can operate as a high performing school that provides quality educational services for its students, within the school-based revenues. We have also been fortunate to have had a very involved parent base that participates in fund-raising activities for school improvements. The 2020/2021 operating budget has increased over the prior year by $519,976 or 5.23%, primarily due to the items which have been highlighted below - 1 . elow: 1. Based on actions taken at the State level, the FTE revenues are budgeted to increase by 2.91 % over the prior year budget. Please note that most, if not all of this additional funding has been specifically earmarked by the State Legislature for increasing teacher compensation as more fully described below. After netting out these funds, FTE funds are anticipated to remain relatively flat in comparison to the current year per capita amount. 2. Increases to teacher compensation resulting from a combinations of the following: a. Normal salary increases consistent with the previously adopted performance pay plan. b. The projected receipt of $196,275 in new FTE funds which have been specifically earmarked for increasing teacher compensation. c. In lieu of the Miami -Dade County Referendum, $196,275 worth of additional stipends will be provided by the School from available Carryover to the teachers in order to match the amount of the new FTE funds referenced above. d. No additional employee positions are proposed. 3. In addition, the budget provides funding for lease payments to the City to satisfy long-term financing costs related to the construction of the elementary school wing. 4. Continue Cultivating Critical Thinking — A one-to-one computing environment is provided to all fifth through eighth grade students. Students have the opportunity to collaborate through authentic integration of online creation tools. Through these means students acquire 21St century skills that are essential for success in the growing global society. Students' access to a continually enhanced wireless infrastructure ensures reliable and efficient availability to instructional resources. Summary of All Budgetary Funds The total proposed budget for 2020/2021, including all operating and capital outlay, is $10,469,476 and is broken down into the following categories: • Personnel Services — $7,034,518 or 67.19% • Operating Expenditures — $2,637,208 or 25.19% • Other Uses — $535,000 or 5.11% (primarily consisting of an $85,000 Contingency and $444,000 in lease payments to the Debt Service Fund to cover school construction - related debt payments). • Capital Outlay — $262,750 or 2.51 % Other Uses Capital Outlay 5.11% 2.51% Operating Expenditures 25.19% Personnel Services 67.19% �I The following chart shows a comparison of the department's budgets for the past two (2) fiscal years. As previously indicated, total Revenues and Expenditures increased over the prior year by $519,976 or 5.23%, respectively. Charter School Budget Category Summary State Shared Revenues Charges for Services Miscellaneous Income Other Non -Revenues Total Revenues K-3 Basic 5101 4-8 Basic 5102 Exceptional Student Program 5250 Substitute Teachers 5901 Instructional Media Services 6200 School Administration 7300 Pupil Transit Services 7800 Operation of Plant 7900 Child Care Supervision 9102 Capital Outlay 7400 Total Expenditures Increase 2019/20 2020/21 (Decrease) % Change Revenues $ 8,407,500 $ 8,634,115 $ 226,615 2.70% 520,000 520,000 - 0.00% 607,000 582,000 (25,000) -4.12% 415,000 733,361 318,361 76.71% $ 9,949,500 $ 10,469,476 $ 519,976 5.23% Expenditures $ 2,428,030 $ 2,720,373 $ 292,343 12.04% 3,126,932 3,410,087 283,155 9.06% 252,230 291,163 38,933 15.44% 139,421 147,076 7,655 5.49% 79,346 99,852 20,506 25.84% 1,142,684 1,131,439 (11,245) -0.98% 205,200 213,490 8,290 4.04% 1,984,657 2,043,246 58,589 2.95% 150,000 150,000 - 0.00% 441,000 262,750 (178,250) -40.42% $ 9,949,500 $ 10,469,476 $ 519,976 5.23% Charter School Fund This fund is used to account for revenues and expenditures specifically earmarked for the City's Charter School (i.e., operating and capital revenues and expenditures). Charter School Fund Budget Revenues Chargesfor Services 4.97% State Shared Revenues 82.47% Miscellaneous Income 5.56% Other Non - Revenues WOOO 7.00% Charter School Fund Budget Expenditures Substitute Teachers 5901 Instructional Media Exceptional Student 1.40% Services 6200 Program 5250 r 0.95% 2.78% School Pupil Transit Administration 7300 —Services 7800 2.04% 4-8 Basic 5102 10.81% 32.57% Operation of Plant 7900 19.52% K-3 Basic 5101 25.98% Child Care Supervision 9102 Capital Outlay 7400 1.43% 2.51% During the past year a great deal of time and effort was expended on professional development and curriculum alignment based on Florida's State Standards, increasing parental involvement, revamping our approach to Science by increasing data -driven instructional decisions, moving towards an emotionally responsive discipline model by incorporating mindfulness, focusing on learning gains and student growth at all levels, and identifying and working with at -risk students who make up our bottom 25%. In the Iv coming year we will maintain and expand all of the present academic programs with a continued emphasis on professional development and implementation related to the Florida State Standards, as we begin to prepare for the transition to the Florida B.E.S.T. Standards starting in grades K-2 in year 2021. Given the uncertainty surrounding COVID-19, we will focus heavily on diagnostic testing, standard -aligned spiraled instruction and intervention in math and reading. New technology skills and resources will be leveraged to meet student academic and social -emotional needs. The School's students will thrive as we navigate through these unprecedented challenges. The School will enrich a child's learning and social -emotional needs through the following: • Whole Child Approach — Emphasis will be placed on the "whole child" to ensure that academic rigor coexists with social responsibility. • Character Education — Continue to implement the School's Cloud -9 Program that encourages students, families and communities to work together as "upstanders". • Mindfullness — Students will have opportunities to learn strategies to self -regulate, improve decision making, and reduce stress and anxiety through mindfulness exercises. • Challenging Curriculum — Offer high school level courses in the areas of Math, Science and Foreign Language. • Curriculum Alignment — Increase academic rigor through the vertical alignment of the School's reading, writing and math programs kindergarten through eighth grade. • Differentiation of Instruction — Provide specialized programs for at -risk learners, on -level learners and gifted students. • Technology Rich Environment — A combination of mobile learning labs, interactive technology, personal computing devices and virtual learning platforms, create a dynamic educational environment. The school community is an energized, vibrant hub of learning where problem solving and innovation are fostered. Imbedded professional development is central to ensuring staff are empowered with the knowledge and impetus to drive innovative instructional programming. • Extended School Day Programs/Activities — Offer a variety of opportunities including Before Care and After Care, Sports Study, several Dance programs, French Classes, Chess Club, Science Tutorial, Writing Tutorial, Reading and Math Computerized Program, Typing Program, Robotics, Mind Lab, Math Matters, Manner Academy, Art Enrichment and Saturday Academy. • Sponsored Clubs — Green Team, Model United Nations Club, Robotics Club, Coding Club and gender specific Mentoring Clubs. • Field Trips — Experience hands-on content, living history, ecological studies, guest authors and a variety of culturally rich opportunities through a combination of on and off campus field trips. • School -Wide Events — Organize various events such as Career Day, Red Ribbon Week, Arbor Day, Peace Day and Field Day. • Career Awareness and Entrepreneurship — Register all eighth grade students in a comprehensive course that will allow them to begin career planning. • STEAM (Science Technology, Engineering, Art and Math) Initiative — Supporting the development and implementation of grade level specific projects focused on student creation, problem solving and interdisciplinary study. v • Competitive Athletics — Compete at the middle school level in the International Athletic League. The School fields a boys and girls team for both basketball and soccer. Offerings also include a competitive flag football and volleyball teams as well as a Cheerleading Squad. • Intramural Athletics — Afford students at the middle school level opportunities to play intramural basketball and volleyball. • Family Events — Make available various events that include Meet and Greet, Open House, Kindergarten Kickoff, Student of the Month, Book Fair Family Night, Winter Showcase, Graduation Ceremonies, Talent Showcase and Quarterly Principal's Honor Roll Breakfasts. • Parent Education — Execute FSA ELA, math, writing and FCAT science nights that present parents with information related to state standards and accountability testing. Monthly parent workshops related to social, emotional and physical wellbeing of children and families. Monthly "Coffee Connections" showcasing the School's initiatives and accomplishments. An increased number of evening and virtual events will be held to accommodate working parents. • Transportation — Four (4) school buses are currently utilized to provide school bus service to approximately 400 students who live more than two (2) miles and no further than three and '/2 (3.5) miles from the School. • Safe School Campus — The City provides a full-time certified police officer who serves as a School Resource Officer. This individual provides instruction to students related to making strong life choices and is viewed as a role model. Security measures have been and continue to be reviewed and enhanced to ensure the safety of students and faculty. Expenditures The estimated 2020/2021 proposed budgeted expenditures contained within this budget total $10,469,476 and are balanced with the projected revenues. Personnel Services Personnel Services are budgeted at $7,034,518 or 67.19% of the budget and includes no new positions. Teacher compensation has been increased to reflect the performance pay plan instituted four (4) years ago in accordance with Florida Statute 1012.22, rewarding teachers who are rated developing, effective and highly effective. In addition, teacher compensation has been increased due to the additional FTE funds and stipends that have been included as previously described. The total number of employees remains at 104 (95 full-time and 9 part-time). Included in the full-time positions are 88 instructional staff members. The Principal, two (2) Assistant Principals and Trades Worker II are employees of the City while all other employees are under contract with CSUSA. V1 Charter School Fund Comparative Personnel Allocation Summary 2 - Year Presentation VII 2019/20 2020/21 Function Job Class Full -Time Part -Time Total Full -Time Part -Time Total 5101 Teacher 31.00 31.00 31.00 31.00 Other Certified instruction Assistant Principal 1.00 1.00 1.00 1.00 Reading Specialist 1.00 1.00 1.00 1.00 Instructional Counselor 1.00 - 1.00 1.00 - 1.00 Teacher Assistant - 7.00 7.00 - 7.00 7.00 Administrative Assistant 1.00 - 1.00 1.00 - 1.00 Subtotal 35.00 7.00 42.00 35.00 7.00 42.00 5102 Teacher 44.00 - 44.00 44.00 - 44.00 Other Certified instruction Assistant Principal 1.00 1.00 1.00 1.00 Math Coach 1.00 - 1.00 1.00 - 1.00 Comm Spec/Instructional Asst. - 1.00 1.00 - 1.00 1.00 Subtota 46.00 1.00 47.00 46.00 1.00 47.00 5250 Teacher 2.00 - 2.00 2.00 - 2.00 Other Certified Instruction Dean of Student Services 1.00 1.00 1.00 1.00 3.00 3.00 3.00 3.00 5901 Pool Sub 1.00 - 1.00 1.00 - 1.00 6200 Media Specialist 1.00 1.00 2.00 1.00 1.00 2.00 7300 Principal 1.00 - 1.00 1.00 - 1.00 Assistant Principal 1.00 1.00 - - Dean - - 1.00 1.00 Other Support Personnel Receptionist 2.00 2.00 2.00 2.00 Administrative Secretary 1.00 1.00 1.00 1.00 Registrar/Compliance/ESE Suppor 1.00 1.00 1.00 1.00 Business Manager 1.00 1.00 1.00 1.00 Network/Computer Tech 1.00 1.00 1.00 1.00 Subtotal 8.00 8.00 8.00 8.00 7900 Other Support Personnel Janitor 1.00 1.00 - - Trades Worker II - - 1.00 1.00 Subtotal 1.00 - 1.00 1.00 - 1.00 Total 95.00 9.00 104.00 95.00 9.00 104.00 VII 95 94.5 94 93.5 93 92.5 92 Full -Time Staff Comparison 95 95 1 tri err 2015/16 2016/17 2017/18 2018/19 2019/20 2020/21 Operating Expenditures The operating expenditures total $2,637,208, representing 25.19% of the proposed budget. This is $19,084 more than the prior year and includes the following major items: • Other materials and supplies - $133,500 • Textbooks - $168,000 • Building maintenance contract - $197,658 • After School Programs - $160,000 • Field Trips and School Events - $162,000 • Transportation services contract - $213,490 • CSUSA planning/management fee - $306,000 • MDCSB administrative fee - $155,100 • Food services - $280,000 • Electricity - $130,000 • Repairs and maintenance - $118,500 Other Uses Other Uses budgeted expenditures total $535,000 (5.11% of the proposed budget) and primarily consist of an $85,000 Contingency and $444,000 in lease payments to the Debt Service Fund to cover school construction -related debt payments. Capital Outlay A total of $262,750 (2.51% of the proposed budget) has been budgeted to provide for technology enhancements that include the replacement of AV equipment, whiteboards, laptops and computers and the purchase of new tablets. Summary Even during these very difficult and challenging economic times, due to the City Commission's commitment, continued interest and support in planning and conducting the School's financial operations in a responsible and progressive manner, I am able and pleased to submit this detailed budget document. The budget and its related funding levels representing the City's continued commitment to providing a school of excellence for our community under any circumstances. The 2020/2021 proposed budget contains funding levels to address the following key objectives: • Increases in teacher compensation designed to attract and retain highly -qualified teachers. • Hiring and retaining administrators and teachers who are well prepared for creating life-long learners in their students as well as acting as role models in their own quest for knowledge on the latest "best practices" in educational research to enhance their teaching abilities. • Putting into place a strong accountability system that will hold everyone at the School responsible for maximizing learning opportunities. • Creating a school climate that enables students and teachers to feel they are cared for, respected and contributing members of the School. • Maintain a low staff -pupil ratio in order to enhance the development of the individual strengths of each student. • Continuing to use data to evaluate the efficacy of instructional programs. • Developing a strong parent -teacher relationship. • Maximizing the use of technology embedded in the classroom instruction through the implementation of increased wireless network capabilities, a bring your own device program, mobile labs, classroom labs, interactive televisions, IPad carts and a one-to-one computing to enhance instruction in grades 5-8. The preparation and formulation of this document could not have been accomplished without the assistance and dedicated efforts of the School's Administration and the Finance Department. I am also extremely grateful to the City Commission for their continued support in ensuring that this School remains the Aventura City of Excellence School. A Commission Meeting will be held on April 23, 2020 to review the proposed budget document in detail. Please refer any questions relating to the enclosed budget to my attention. Respectfully submitted, Ronald J. son City Manager ix CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL Organization Chart CSUSA Administrative/ Educational Services ACES Governing Board City Manager Principal School Operations Vision Statement School Advisory Committee To join with our community to become the premier charter school in the nation, where academic excellence coexists with the promotion of innovation and exploration grounded in an atmosphere of social responsibility. x CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL OPERATING AND CAPITAL BUDGET FISCAL YEAR 2020/2021 INTRODUCTION Organization and Operations The School is a special revenue fund found within the City's financial statements. The School commenced operations in August 2003 in the City and offers classes for kindergarten through eighth grade with a projected enrollment of 1,020 for the 2020/2021 proposed budget. The School is funded from public funds based on enrollment and may be eligible for grants in accordance with state and federal guidelines, including food service and capital outlay. The School can accept private donations and the City can incur debt for its operations. Reporting Entity The School operates under a charter granted by the sponsoring school district, the Miami - Dade County Public School District (the "District"). The current charter is effective until June 30, 2033 but provides for a renewal of up to 15 years by mutual agreement of both parties. In 2005, the School amended the charter to include grades sixth through eighth. In 2012, the School amended the charter to increase the School capacity from 972 to 1,032 over five (5) years commencing with fiscal year 2012/13. The School is owned and operated by the City, is part of the City's government and is not a separate legal entity or otherwise organized apart from the City. The City was incorporated in November 1995 and operates under a Commission -Manager form of government. Management Contract The City has a contract with Charter Schools USA ("CSUSA") for administrative and educational management services for the operations of the School. All School staff, except the Principal, two (2) Assistant Principals (Dean of Discipline & Operations and Dean of Curriculum) and the Trades Worker II, are employees of CSUSA. Total fees projected to be paid to the management company for fiscal year 2020/2021 are $306,000. The majority of the other expenditures that are reimbursed by the City to CSUSA relate to the teachers' salaries and benefits. The current agreement with CSUSA provides an initial term for five (5) years through June 30, 2023 with an additional renewal term of up to five (5) years upon agreement of both parties. School Advisory Committee ("SAC") The Charter School Advisory Committee was established to facilitate the achievement of the School's mission; for its members to serve on the Educational Excellence School Advisory Council ("EESAC") and to provide input to the City Manager and Principal regarding fundraising efforts, school budget and school issues. Members of SAC will be responsible for developing and implementing the School's fundraising projects. This is a working Committee as it relates to school fundraising efforts. The Board consists of five (5) members, each of whom are parents of the School's children, elected by the parents of school children. The representatives will be as follows: kindergarten to fourth grade — two (2) representatives fifth grade to eighth grade — two (2) representatives At large kindergarten to eighth grade — one (1) representative 2 Budget Process and Procedures Budget Preparation/Development January: Meetings are held with the City Manager, Principal and school staff to develop Goals and to discuss issues that may impact the budget for the upcoming school year February: The following steps are taken to prepare preliminary revenue projections and forecasts developed by the Finance Department for the City Manager's review: • Forecast student enrollment. The State's Florida Education Finance Program ("FEFP") per student allocation is projected by the State and provided to the School. Capital Outlay funding is determined by the State based on available funding. March: The following steps are taken to forecast the School's personnel needs that are developed from input from the Principal and staff: • Review existing staffing requirements to ensure adequate coverage for student needs and new programs. • Review the current salary structure to ensure competitiveness within the School District. • Obtain benefit calculations such Pension; Health, Life and Disability Insurance; Dental Insurance and Workers' Compensation from CSUSA for each qualifying employee. April: Individual expenditure line items are developed by the Finance Department based on input from the Principal and through analysis of historical data. A draft of the budget document is prepared by the Finance Department which will be is reviewed by the City Manager and the Principal. April/May: The budget is reviewed by the School Advisory Committee. The City Manager submits the proposed budget to the City Commission (for adoption) who acts as the School's Board of Directors. June: The adopted budget is entered into the accounting system. July 1. The adopted budget becomes effective. Budget Adoption The Charter School budget is approved via Ordinance at two (2) City Commission public meetings scheduled for April 23, 2020 and May 5, 2020, respectively. The adopted budget is entered into the accounting system effective July 1, 2020. Budget Control/Monitoring Funds appropriated in the budget may be expended by and with the approval of the City Manager in accordance with the provisions of the City Charter and applicable law. Funds of 9 the City shall be expended in accordance with the appropriations provided in the budget and shall constitute an appropriation of the amounts specified therein. Supplemental appropriations or the reduction of appropriations, if any, shall be made in accordance with Section 4.07 of the City Charter. The budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to the Charter School Department for operating and capital expenditures may not be increased or decreased without specific authorization by a duly -enacted Ordinance affecting such amendment or transfer. Therefore, the City Manager may authorize transfers from one (1) individual line item account to another, so long as the line item accounts are within the same department and fund. The "Personnel Allocation Summary" enumerates all of the School's authorized budgeted positions. The City Manager may amend said authorized budgeted positions in order to address the operating needs of the Department so long as sufficient budgeted funds are available. The budget is monitored on a monthly basis to track variances between actual and budgeted amounts. Significant variances are investigated and monitored for corrective action. Quarterly review meetings are held with the Principal and City Manager. Encumbrances do not constitute expenditures or liabilities in the current year, but instead are defined as commitments related to unperformed contracts for goods or services, which are only reported in governmental funds. Budget Amendment Upon the passage and adoption of the City's Charter School Fund Budget, if the City Manager determines that the department total will exceed its original appropriation, the City Manager is authorized to prepare such Ordinances for consideration by the City Commission as may be necessary and proper to modify any line item from the Budget. Basis of Accounting Basis of Accounting refers to the time period when revenues and expenditures are recognized in the accounts and reported on the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied. The accrual basis of accounting is followed for the proprietary fund types. The modified accrual basis of accounting is followed in the governmental fund types and the expendable trust funds type. Under the modified accrual basis of accounting, revenues are recorded when susceptible to accrual, that is, when they are both measurable and available. Available means collectible within the current period or soon enough thereafter to pay current liabilities. Expenditures are generally recognized under the modified accrual accounting when the related fund liability is incurred. Exceptions to the general rule are principle and interest on general long-term debt which is recognized when due. The Charter School Fund Budget applies all applicable Government Accounting Standards Board ("GASB") pronouncements as well as the following pronouncements issued on or before November 30, 1989, unless those pronouncements conflict with or contradict GASB pronouncements: Financial Accounting Standards Board ("FASB") statements and interpretations, Accounting Principles Board ("APB") opinions and Accounting Research Bulletins ("ARB"s). 0 During June 1999, the GASB issued Statement No. 34. This statement established new accounting and financial reporting standards for state and local governments. The Charter School Fund implemented the new financial reporting requirements of GASB 34. Financial Policies The School's financial policies, as outlined below, set forth the basic framework for its overall fiscal management. Operating independently of changing circumstances and conditions, these policies assist the decision-making process of the City Manager and the School's Administration. These policies provide guidelines for evaluating both current activities and proposals for future programs. Most of the policies represent long-standing principles; traditions and practices that have guided the School in the past and have helped maintain financial stability. They are reviewed annually as a decision making tool and to ensure their continued relevance in an ever-changing environment. Operating Budget Policies 1. At a minimum, the School will maintain an accessible cash reserve equivalent to four (4) weeks of operating costs. 2. No new or expanded services shall be implemented without a corresponding revenue source or the implementation of trade-offs of expenditures or revenues at the same time. This applies to personnel, equipment and any other peripheral expenditures associated with the service. 3. The School shall continue to support a scheduled level of maintenance and replacement of its infrastructure. 4. The School shall support capital expenditures that reduce future operating costs. Capital Budget Policies 1. The School will develop a multi-year capital improvement plan that is updated annually. 2. The School will maintain its physical assets at a level adequate to protect the School's capital investment and minimize future maintenance and replacement costs. The budget will provide for the adequate maintenance and the orderly replacement of the capital equipment from current revenues wherever possible. 3. The School will provide sufficient funds to replace and upgrade equipment as well as to take advantage of new technology thereby ensuring that employees have safe and efficient tools to provide their service. It reflects a commitment to further automation and use of available technology to improve productivity in the School's work force. The objective for upgrading and replacing equipment includes: (1) normal replacement as equipment completes its useful life, (2) upgrades to new technology, and (3) additional equipment necessary to service the needs of the School. 4. The School will use the following criterion to evaluate the relative merit of each capital project. Capital expenditures will foster the goals of: a. Projects specifically included in an approved replacement schedule. b. Projects that reduce the cost of operations. c. Projects that significantly improve safety and reduce risk exposure. Revenue Policies 1. The School will attempt to maintain a diversified and stable revenue system as a shelter from short -run fluctuations in any single revenue source. 2. The School will attempt to obtain new revenue sources as a way of ensuring a balanced budget. 3. The School will annually review fees/charges and will design or modify revenue systems to include provisions that automatically allow charges to grow at a rate that keeps pace with the cost of providing the service. Cash Management/investment Policies 1. All cash received by the School's Business Manager is secured at the School until it is remitted (at least weekly) to the City's Customer Service Representative II who prepares it for prompt deposit by armored courier. 2. Investment of School funds will emphasize safety of capital, liquidity of funds and investment income. 3. The School will aggressively seek the collection of revenues, including any past due amounts owed. Reserve Policies The School will maintain a fund balance of at least $75,000. Accounting, Auditing, and Financial Reporting Policies 1. An independent audit will be performed annually. 2. The School will produce annual financial reports in accordance with Generally Accepted Accounting Principles ("GAAP") as outlined by the GASB. 3. In accordance with Chapter 10.850, Rules of the Auditor General of the State of Florida, the School is required to prepare special purpose financial statements. Section 10.855(4) states that the special purpose financial statements should present the charter school's financial position including the charter school's current and capital assets and current and long-term liabilities, and net position; and the changes in financial position. Philosophy and Essential Elements The School's staff believes that we have a responsibility to create a school climate that enables every individual to feel cared for, respected and to act as contributing members of the School culture. All students can learn and will be encouraged to strive for academic excellence and personal growth that will enable them to be productive and active members of society. In the practical application of this philosophy, opportunities shall be provided to: 1. Develop in each student and professional staff member a sense of self-worth and a positive self-concept 2. Imbue such character traits as honesty, integrity, compassion, respect, cooperation, humility, happiness and responsibility toward each other, our community and our world 3. Develop in each student an understanding of and responsibility for making positive personal and social choices 9 4. Improve upon the quality of instruction and curriculum by increasing the effectiveness of teachers and their teaching through ongoing professional development 5. Provide each student with experiences to develop an awareness of good health habits and attitudes for living by encouraging each student to perceive learning as a life-long continuing process from pre-school through adulthood 6. Encourage, through educational reporting, City and District officials, the citizens of Aventura and the professional staff to support quality education in the School 7. Use assessment data to identify and track student achievement and learning goals 8. Develop school programs based on "best practices" to promote learning gains 9. Develop strong parent -teacher -student relationships 10. Provide a strong accountability system that holds everyone in the school community responsible for maximizing learning opportunities 11. Provide a low student -teacher ratio in order to enhance the development of the individual strengths of each student 12. Provide additional staff members for enrichment and remediation services 13. Develop in each student the ability to think critically, make inferences, apply knowledge to new settings and use these skills to make wise choices Curriculum The School implements the Florida Standards with fidelity and its goals for student learning are coordinated or integrated across different disciplines. The curriculum's sequence is rational, with more complex ideas building on simpler ones, respecting each student's developmental levels and prior learning. Teachers and students are accountable for all state and local assessments in addition to internal formal and informal assessments and observations. Classroom teachers utilize technology daily to reinforce instruction and offer opportunities for independent practice. Students in fifth through eighth grade utilize Chromebooks throughout the day to enhance instruction. The students have access to a multitude of online resources and individualized instructional programs at home and at the School. Students in kindergarten through fifth grade utilize the School's iPad, laptop and Chromebook carts on a regular basis. Sixth grade students enroll in a semester technology course, with an emphasis on keyboarding and critical thinking. Seventh grade students are required to enroll in a year-long Computer Concepts/Coding course designed to expose them to all facets of the technology available to them. Eighth grade students take a year- long technology aided career awareness and entrepreneurship course. Wireless internet access is available throughout the campus. The School offers a variety of programs to meet the needs of all learners. The English Language Learners ("ELL") program is offered to students who are working toward English language proficiency. Classroom teachers servicing ELL students have undergone special training related to strategies that enhance language acquisition. The School's ELL Coordinator collaborates with classroom teachers related to instructional modifications that aide in content comprehension. 7 Exceptional Education ("ESE") students are serviced within the general classroom, reducing social stigmas and enhancing the continuity of instruction. The ESE teachers collaborate with classroom teachers to ensure that "strategies for success" are implemented in all subject areas. Students with speech and language needs are serviced by a Speech and Language Pathologist and students with occupational therapy needs are serviced by a specialist. These programs are offered to students who qualify for services based on School District requirements. At -risk readers are targeted through a variety of intervention courses and strategies. The School's Collaboration Team teaches at -risk -readers in Kindergarten through eighth grade in small group settings. This supplemental reading program provides intensive instruction using research -based programs such as Wonders, Fundations, Reading Plus and I Ready. At -risk readers in middle school enroll in an intensive reading course which offers a one to one computing environment to target specific reading deficiencies. Students in need of additional support related to test -taking strategies, organization and study skills are enrolled in a specially designed elective class that provides support specific to the their needs. The School is focused on meeting the needs of all students. To this end, the School offers a variety of extended school day programs. These programs target student needs and are offered both before and after school. These programs include small group writing instruction, focused math tutorials, science study group, civics study group and a Saturday reading and math academy. Gifted students in grades two - five receive "Gifted Instruction" in English Language Arts and reading daily. Project -based applications encompassing the sciences, arts, math, and language allow students an opportunity to combine their creativity and practical knowledge. Eligible students in middle school have an opportunity to enroll in gifted courses in English Language Arts. A science specialist works with all students, grades second through fifth grade on a weekly basis by providing integrated labs in their classrooms. A science lab program provides students with hands-on application of core curriculum. Students in fifth grade experiment in the science lab two (2) times per week. The lab facilitator co -teaches with the classroom teacher to ensure instruction and labs are seamlessly aligned. All middle school students enroll in comprehensive science courses that emphasize hands-on investigation. Students are exposed to eco -literacy through participation in the outdoor garden project. The School's modern language program places emphasis on four (4) basic components of language acquisition (e.g., listening, speaking, reading and writing). Students build an understanding of the relationship between perspectives and products of various cultures. Middle school students enroll in introduction to Spanish and can elect to take high school honors level Spanish I. The elementary Spanish program is offered to all kindergarten through fifth grade students and emphasizes cultures and conversational speaking. The School's middle school program offers academic rigor in conjunction with an extraordinary selection of extracurricular activities and elective programs. Students have the opportunity to enroll in high school honors level Spanish, Physical Science, Biology, n Algebra and Geometry and to select two (2) of eighteen (18) elective courses. Elective courses include Lead to Feed, Digital Communications, Modern Dance, Art, Guitar, Debate, Tech Squad, Robotics, Personal Fitness, Team Sports, Physical Education, Spanish, Peer Mentoring, Stage Craft, STEAM, Study Skills, Yoga and Drama. All middle school students are invited to participate in after-school teams including volleyball and basketball. The School also participates in the Independent Athletic League and offers competitive boys and girls basketball and competitive boys and girls soccer, competitive girls volleyball and boys flag football. These programs are funded through the school budget and are offered at no cost to students. Elementary school students also enjoy a variety of special subject classes daily. These subjects include art, physical education, technology, media, Spanish and music. Each Friday, Elementary students participate in a club. Clubs vary from year-to-year based on student interest and currently include the following; Karaoke, Baton, LEGO Builders, Just Dance, Peer Mentors, Puppet Theatre, Scrapbooking, Puzzle Mania, Contemporary Dance, Middle Eastern Dance, Drama and Improv., Chorus, Yoga, Basketball, Harry Potter and Zumba Kids. Performance Criteria Matrix ACTUAL ACTUAL ACTUAL ACTUAL ACTUAL PERFORMANCE CRITERIA 2014/16 2016/16 2016/17 2017/18 2018/19 The State of Florida A+ Plan Grade shall be no lower than a "B". A A A A A Percent of parents that completed all 20 required volunteer hours by the end of the year. 100% 100% 100% 100% 100% Number of students enrolled shall be 95% of the number allowed by the School Charter. 100% 100% 100% 100% 100% The year-to-year retention rate shall be 90%. 98% 98% 98% 98% 98% The percentage of parents who on the Parent Survey agree or strongly agree to the statement that "I would recommend the Charter School to a friend" is 90%. 99% 99% 99% 99% 97% The audits required by State Law and the Charter shall indicate that the financial statements are presented fairly and that tests of compliance with laws and regulations and consideration of the internal control over financial reporting disclose no instances of non- All in All in All in All in All in compliance, nor any material weaknesses. Compliance Compliance Compliance Compliance Compliance Class size and student/classroom teacher ratios shall be maintained throughout the school year at 18:1 for kindergarten through third grade All in All in All in All in All in and an average of 22:1 for all grades fourth through eighth. Compliance Compliance Compliance Compliance Compliance Reading - Percent of Students in the School on grade level and above in Reading. This is based on the Florida Standards and exhibited in proficiency on the Florida Standards Assessment ("FSA"). 86% 82% 84% 87% 87% Math - Percent of Students in the School on grade level and above in Math. This is based on the Florida Standards and exhibited in proficiency on the FSA. 89% 88% 88% 95% 92% All Students will achieve high science standards as measured by Sunshine State Standards Performance Standards. 88% 86% 78% 82% 81% 9 Budget Preparation Calendar FISCAL YEAR 2020/2021 TIMEFRAME RESPONSIBILITY ACTION REQUIRED January Principal & School Staff Meetings are held to develop Goals City Manager and to discuss issues that may impact the upcoming school budget. February Finance Department Preliminary revenue projections and forecasts City Manager are developed. March Principal & School Staff Personnel needs are developed and Finance Department forecasted based on input from the Principal and School Staff. April Principal Individual expenditure line items are Finance Department developed based on input from the Principal and the analysis of historical data. Finance Department A draft of the budget document is City Manager prepared by the Finance Principal Department which will be reviewed by the City Manager and the Principal. April 21 School Advisory Committee The budget is reviewed by the School Advisory Committee. April 23 City Manager The City Manager submits the budget to City Commission the City Commission who acts as (the School's Board of Directors) the School's Board of Directors on 1St Reading. May 5 City Manager The City Manager submits the budget to Finance Department the City Commission who acts as (the School's Board of Directors) the School's Board of Directors on 2nd Reading. June 1 Finance Department The adopted budget is entered into the accounting system. July 1 School Department The adopted budget becomes effective. 10 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL OPERATING AND CAPITAL BUDGET FISCAL YEAR 2020/2021 DEPARTMENT DESCRIPTION SUMMARY OF FUND 11 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL OPERATING AND CAPITAL BUDGET FISCAL YEAR 2020/2021 DEPARTMENT DESCRIPTION This Department is responsible for the organization, operation and management of the City's Charter School. By focusing on low student teacher ratios, high academic standards and parental participation, the School provides a first class learning environment for the City's children. The School operations are provided in conjunction with a management services contract with Charter Schools USA. Budget Category Summary 2018119 2019/20 2019/20 2020/21 ACTUAL APPROVED HALF YEAR CITY MANAGEF CATEGORY BUDGET ACTUAL PROPOSAL State Shared Revenues Charges for Services Miscellaneous Income Other Non -Revenues Total Revenues K-3 Basic 5101 4-8 Basic 5102 Exceptional Student Program 5250 Substitute Teachers 5901 Instructional Media Services 6200 School Administration 7300 Pupil Transit Services 7800 Operation of Plant 7900 Child Care Supervision 9102 Capital Outlay 7400 Total Expenditures REVENUE PROJECTIONS $ 8,411,970 $ 8,407,500 585,054 520,000 615,495 607,000 100.000 415.000 $ 4,260,957 $ 8,634,115 238,288 520,000 286,755 582,000 207.500 733.361 $ 9,712,519 $ 9,949,500 $ 4,993,500 $ 10,469,476 EXPENDITURES $ 2,491,200 $ 2,428,030 $ 1,018,379 $ 2,720,373 3,043,304 3,126,932 1,440,546 3,410,087 261,385 252,230 135,579 291,163 209,927 139,421 192,694 147,076 79,223 79,346 32,692 99,852 1,191,339 1,142,684 574,464 1,131,439 205,200 205,200 62,791 213,490 2,005,859 1,984,657 1,042,224 2,043,246 133,854 150,000 54,068 150,000 724.661 441.000 263.048 262.750 $ 10,345,952 $ 9,949,500 $ 4,816,485 $ 10,469,476 Revenues over/(under) Expenditures $ (633,433) $ - $ 177,015 $ Budget Account Summary by Expenditure Function 2018/19 2019/20 2019/20 2020/21 ACTUAL APPROVED HALF YEAR CITY MANAGER CATEGORY RECAP BUDGET ACTUAL PROPOSAL Personnel Services $ 6,464,617 $ 6,355,376 $ 2,922,651 $ 7,034,518 Operating Expenditures 2,652,363 2,618,124 1,407,715 2,637,208 Other Uses 504,311 535,000 223,071 535,000 Capital Outlay 724,661 441,000 263,048 262,750 Total $ 10,345,952 $ 9,949,500 $ 4,816,485 $ 10,469,476 12 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL OPERATING AND CAPITAL BUDGET FISCAL YEAR 2020/2021 REVENUE PROJECTION RATIONALE 13 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 190 REVENUE PROJECTIONS 2020/21 SCHOOL 2018/19 2019/2020 2019/2020 2020/21 REVENUE ACTUAL APPROVED HALF YEAR CITY MANAGER ACCOUNT # CODE DESCRIPTION BUDGET ACTUAL PROPOSAL 3359050 3261 3359100 3310 3359201 3361 3359301 3363 3359701 3495 3359800 3354 3359910 3391 3316000 3340 3478050 3450 3479050 3473 State Shared Revenues: School Lunch Reimbursement Florida Education Finance Program (FEFP) Florida School Recognition Program Award! Best & Brightest E- Rate Program Transportation Capital Outlay Grant Revenue Subtotal $ 8,411,970 $ 8,407,600 $ 4,260,967 $ 8,634,116 $ 83,787 $ 100,000 $ 39,173 $ 100,000 7,349,959 7,440,000 3,780,922 7,656,815 101,568 101,000 - 101,000 106,860 - 36,000 - 8,700 12,000 14,279 12,000 149,814 139,500 81,990 134,300 611,282 615,000 285,959 630,000 - - 22,634 - Charges for Services: Food Service Fees After School Programs Subtotal 3811039 3610 3999000 3489 Other Non -Revenues: Transfers In Carryover Subtotal Total Revenues $ 186,366 $ 180,000 $ 64,446 $ 180,000 398,688 340,000 173,842 340,000 $ 686,064 $ 620,000 $ 238,288 $ 620,000 $ 73,489 $ 30,000 $ Miscellaneous Income: 3611000 3431 Interest Earnings 3661900 3495 Miscellaneous Revenues 3661910 3495 Sport Program Fundraising 3661955 3467 Field Trips/Special Programs 3665000 3469 Other Private Source Revenue 96,759 198,000 Subtotal 3811039 3610 3999000 3489 Other Non -Revenues: Transfers In Carryover Subtotal Total Revenues $ 186,366 $ 180,000 $ 64,446 $ 180,000 398,688 340,000 173,842 340,000 $ 686,064 $ 620,000 $ 238,288 $ 620,000 $ 73,489 $ 30,000 $ 13,098 $ 5,000 217,045 200,000 106,065 200,000 8,240 9,000 1,389 9,000 123,855 170,000 69,444 170,000 192,866 198,000 96,759 198,000 $ 616,496 $ 607,000 $ 286,766 $ 682,000 $ 100,000 $ 100,000 $ 50,000 $ 100,000 - 315,000 157,500 633,361 $ 100,000 $ 416,000 $ 207,600 $ 733,361 $ 9,712,619 $ 9,949,600 $ 4,993,600 $ 10,469,476 Revenues The revenues available for allocation in the 2020/2021 proposed budget are anticipated to be $10,469,476. This is a net increase of $519,976 or 5.23% compared to the prior year budget resulting primarily from the following: • A projected increase of $216,815 (2.91%) in FTE funding of which $196,275 has been legislatively earmarked for increases to teacher compensation. • A projected increase of $15,000 (2.44%) in total capital outlay -related funding; and • An increase in the Use of Carryover of $318,361 (101.07%) primarily due to- o Normal increases in teacher compensation (averaging about 3%). o Additional stipends in the amount of $196,275 that the City is providing to increase teacher compensation in lieu of the Miami -Dade Referendum. o Very conservative budgeted revenue projections in light of the global pandemic impact of COVID-19. 14 Revenue Projection Rationale FISCAL YEAR 2020/2021 State Shared Revenues — totals $8,634,115 and is based on multiple revenue categories primarily comprised of the following: School Lunch Reimbursement revenues — estimated to be $100,000. School Lunch Reimbursement $125,000 — $100,000 — — $75,000 " $50,000 ' $25,000 ' S- �o�°�ti� Florida Education Finance Program revenues — totals $7,656,815 and is based on $7,314 per student excluding the allocations for transportation and funds specifically earmarked for increases to teacher compensation. Although this revenue is budgeted to increase by 2.91%, after netting out the earmark referenced above, these funds are anticipated to remain relatively flat in comparison to the current year per capita amount. Florida Education Finance Program $7,500 o $7,000 $6,500 A Transportation reimbursement revenue — totals $134,300 and is based on 400 students requiring bus service. r - $150,000 $125,000 $100,000 $75,000 $50,000 $25,000 S- 151 Transportation ti ti ti ti ti Capital Outlay revenue totals $630,000 in 2020/2021 and includes the following: Local Capital Improvement Revenue — Passed by the Florida Legislature in 2017, HB 7069 requires school districts to give a proportionate share of local capital millage revenue to eligible charter schools operating in their county, with their share determined by the number of students each school enrolls. The law was subject to challenge by 14 school districts in the courts and was upheld by a circuit court in Tallahassee. Charges for Services — totals $520,000 is based on two (2) revenue categories comprised of the following: • Food Service Fees — estimated to be is $180,000. • After School Programs — includes revenues derived from fees charged for After School Child Care and is estimated to be $340,000. Miscellaneous Income — totals $582,000 and is based on multiple revenue categories comprised of the following: • A very conservatively budgeted Interest Earnings of $5,000. • Miscellaneous Revenues of $200,000 (i.e., Bazaar, Book Fair, Dress Down, NSF Checks, TAW Deposits, Upstanders MIS, Vending Revenue and W/T Booster Fundraiser). • Sport Program Fundraising of $9,000. • Field Trips/Special Programs of $170,000. • Other Private Source Revenue of $198,000 which is primarily derived from a revenue sharing agreement with Clear Channel for two (2) leases that generate billboard advertising revenue. Other Non -Revenues — totals $733,361 and is based on the following revenue categories: • Includes a $100,000 transfer from the City's General Fund for revenues generated from the City's Intersection Safety Camera Program. • Carryover which includes an allocation of fund balance of $633,361 from the accumulation of prior year surpluses to be utilized as outlined on the bottom of page 14. im CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL OPERATING AND CAPITAL BUDGET FISCAL YEAR 2020/2021 BUDGETARY ACCOUNT SUMMARY EXPENDITURE FUNCTION 17 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6001-569 K-3 Basic 5101 SCHOOL 2018/19 2019/20 2019/20 2020/2 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGET ACCOUNT # CODE DESCRIPTION BUDGET ACTUAL PROPOSAI Personnel Services Expenditures 1220 120 Teacher(31) 1230 130 Other Certified Instruction (3) 5290 590 Assistant Principal 5299 790 Reading Specialist 5410 521 Instructional Counselor 1250 150 Kindergarten Aides - P/T (7) 14,881 16,221 Administrative Assistant 1502 291 Bonuses 1503 291 Stipends 2101 221 Social Security- matching 2201 211 Pension 2301 231 Health, Life & Disability Insurance 2302 232 Dental Insurance 2401 241 Workers' Compensation 2501 250 Unemployment Com ensation Subtotal Operating Expenditures 4001 330 Travel/Conferences/Training 4101 370 Communication Services 5290 590 Other Mat'I & Supply 5299 790 Miscellaneous Expense 5410 521 Memberships/Dues/Subscription 5411 520 Textbooks 14,881 16,221 Subtotal $ 1,692,340 $ 1,562,593 $ 625,621 $ 1,650,124 147,966 200,628 65,920 211,055 123,995 115,505 75,034 116,683 70,469 48,000 - 48,000 5,400 38,758 3,600 118,795 142,960 143,722 55,739 157,276 15,791 19,590 7,330 20,469 152,572 135,113 73,158 243,621 14,881 16,221 9,691 4,864 13,165 30,060 8,023 31,646 2,275 4,000 612 4,000 $ 2,381,814 $ 2,314,190 $ 924,728 $ 2,606,533 $ 5,120 $ 4,000 $ 2,130 $ 4,000 840 840 420 840 33,175 35,000 25,394 35,000 2,586 2,500 - 2,500 1,425 1,500 - 1,500 66,240 70,000 65,707 70,000 $ 109,386 $ 113,840 $ 93,651 $ 113,840 Total Function 5101 $ 2,491,200 $ 2,428,030 $ 1,018,379 $ 2,720,373 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6002-569 4-8 Basic 5102 SCHOOL 2018/19 2019/20 2019/20 2020/2 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGEF 1CCOUNT # CODE DESCRIPTION BUDGET ACTUAL PROPOSAI Personnel Services Expenditures 1220 120 Teacher (44) 1230 130 Other Certified Instruction (2) 5290 590 Assistant Principal 5299 790 Math Coach 1250 150 Comm Spec/Instructional Asst. 1502 291 Bonuses 1503 291 Stipends 2101 221 Social Security- matching 2201 211 Pension 2301 231 Health, Life & Disability Insurance 2302 232 Dental Insurance 2401 241 Workers' Compensation 2501 250 Unemployment Compensation Subtotal Operating Expenditures 4001 330 Travel/Conferences/Training 4101 370 Communication Services 5290 590 Other Mat'I & Supply 5299 790 Miscellaneous Expense 5411 520 Textbooks 5901 791 Athletic Activities 154,177 232,941 Subtotal Total Function 5102 $ 2,255,007 $ 2,125,619 $ 1,000,454 $ 2,267,695 98,163 154,095 46,591 153,719 - 16,588 5,024 15,080 105,749 60,000 - 60,000 16,627 93,668 5,100 204,082 174,245 175,667 77,110 194,532 20,007 23,130 9,621 24,300 154,177 232,941 136,163 260,893 16,529 22,643 13,431 4,962 15,952 36,741 11,318 38,984 2,411 3,500 478 3,500 $ 2,858,867 $ 2,944,592 $ 1,305,290 $ 3,227,747 $ 16,268 $ 7,000 $ 10,952 $ 7,000 840 840 420 840 63,368 60,000 39,847 60,000 1,125 1,500 - 1,500 83,368 95,000 74,811 95,000 19,468 18,000 9,226 18,000 $ 184,437 $ 182,340 $ 135,256 $ 182,340 $ 3,043,304 $ 3,126,932 $ 1,440,546 $ 3,410,087 19 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6003-569 Exceptional Student Program 5250 SCHOOL 2018/19 2019/20 2019/20 2020/21 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGER LCOUNT# CODE DESCRIPTION BUDGET ACTUAL PROPOSAL Personnel Services Expenditures 3190 310 Prof & Tech Services - SPED 4001 1220 120 Teacher (2) $ 97,237 $ 95,479 $ 45,097 $ 110,221 1230 130 Other Certified Instruction (1) 68,001 71,483 31,344 75,993 Dean of Student Services $ 261,385 $ 252,230 $ 135,579 $ 1502 291 Bonuses 5,783 5,000 - 5,000 1503 291 Stipends - - - 7,094 2101 221 Social Security- matching 12,565 12,773 5,694 14,788 2201 211 Pension 175 1,252 79 1,397 2301 231 Health, Life & Disability Insurance 2,122 5,236 3,044 15,268 2302 232 Dental Insurance 739 336 213 423 2401 241 Workers' Compensation 915 2,671 1,072 2,979 2501 250 Unemployment Com ensation 147 - 48 - Subtotal $ 187,684 $ 194,230 $ 86,591 $ 233,163 Operating Expenditures 3190 310 Prof & Tech Services - SPED 4001 330 Travel/Conferences/Training 5290 590 Other Mat'I & Supply 5299 790 Miscellaneous Eense - 1,000 Subtotal 58,000 $ 48,988 $ Total Fu $ 65,805 $ 51,000 $ 45,392 $ 51,000 52 1,000 2,255 1,000 7,806 5,000 1,341 5,000 38 1,000 - 1,000 $ 73,701 $ 58,000 $ 48,988 $ 58,000 $ 261,385 $ 252,230 $ 135,579 $ 291,163 20 CITY OF "ENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6004-569 Substitute Teachers 5901 SCHOOL 2018/19 2019/20 2019/20 2020/21 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGER �ACCOUNT# CODE DESCRIPTION BUDGET ACTUAL PROPOSAL Personnel Services 31,716 $ 1220 120 Pool Sub 1225 140 Teacher -PFF 1502 291 Bonuses 1503 291 Stipends 2101 221 Social Security- matching 2201 211 Pension 2301 231 Health, Life & Disability Insurance 2302 232 Dental Insurance 2401 241 Workers' Compensation 2501 250 Unemployment Compensation 468 1,947 Total Function 5901 $ 31,618 $ 31,716 $ 36,898 $ 35,033 156,384 90,000 141,075 90,000 500 500 - 500 - - - 2,365 14,863 9,311 11,564 9,746 - 238 27 263 5,354 4,709 2,717 6,009 - - - 159 468 1,947 - 2,001 740 1,000 413 1,000 $ 209,927 $ 139,421 $ 192,694 $ 147,076 21 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6005-569 Instructional Media Services 6200 SCHOOL 2018/19 2019/20 2019/20 2020/21 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGER LCOUNT# CODE DESCRIPTION BUDGET ACTUAL PROPOSAL Personnel Services 1230 130 Media Specialist& P/TAsst. $ 67,785 $ 66,993 $ 28,995 $ 70,936 1502 291 Bonuses - 2,500 - 2,500 1503 291 Stipends 1,114 - - 2,365 2101 221 Social Security- matching 4,451 5,125 2,183 5,607 2201 211 Pension - 394 - 424 2301 231 Health, Life & Disability Insurance 3,337 262 163 13,788 2302 232 Dental Insurance 186 - - 97 2401 241 Workers' Compensation 364 1,072 446 1,135 2501 250 Unemployment Compensation 51 - 44 - Subtotal $ 77,288 $ 76,346 $ 31,831 $ 96,862 Operating Expenditures 5411 520 Textbooks $ 1,935 $ 3,000 $ 861 $ 3,000 Subtotal $ 1,936 $ 3,000 $ 861 $ 3,000 Total Function 6200 $ 79,223 $ 79,346 $ 32,692 $ 99,862 22 CITY OF "ENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6006-569 School Administration 7300 SCHOOL 2018/19 2019/20 2019/20 2020/21 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGER ACCOUNT# CODE DESCRIPTION BUDGET ACTUAL PROPOSAL Personnel Services Expenditures 3114 750 After School Programs 4001 1211 110 Administrators (2) $ 226,303 $ 228,082 $ 147,614 $ 205,047 Communication Services 4855 Principal Field Trips/School Events 4856 790 Special Events 5290 590 Dean 5410 521 Memberships/Dues/Subscription 12,347 1260 160 Other Support Personnel (6) 324,104 280,120 158,139 294,481 222,044 $ 506,840 Receptionist (2) Administrative Secretary Registrar/Compliance/ESE Support Business Manager Network/Computer Tech 1502 291 Bonuses 9,139 6,500 - 6,500 1503 291 Stipends - - - - 2101 221 Social Security - matching 37,720 38,877 20,587 38,214 2201 211 Pension 25,029 25,910 11,524 20,928 2301 231 Health, Life & Disability Insurance 36,962 46,533 9,965 49,593 2302 232 Dental Insurance 2,503 691 1,381 844 2401 241 Workers' Compensation 3,524 8,131 3,146 7,992 2501 251 Unemplo ment Com ensation 393 1,000 64 1,000 Sub t $ 665,677 $ 635,844 $ 3529420 $ 6249599 Operating Expenditures 3114 750 After School Programs 4001 330 Travel/Conferences/Training 4041 201 Automobile Allowance 4101 370 Communication Services 4855 790 Field Trips/School Events 4856 790 Special Events 5290 590 Other Mat'I & Supply 5410 521 Memberships/Dues/Subscription 12,347 23,000 Subtotal $ 168,775 $ 160,000 $ 66,263 $ 160,000 17,201 12,000 227 12,000 5,400 5,400 2,715 5,400 1,440 1,440 722 1,440 123,732 162,000 63,282 162,000 177,909 140,000 76,488 140,000 28,252 23,000 12,347 23,000 2,953 3,000 - 3,000 $ 525,662 $ 506,840 $ 222,044 $ 506,840 Total Function 7300 $ 1,191,339 $ 1,142,684 $ 574,464 $ 1,131,439 23 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6007-569 Pupil Transit Services 7800 SCHOOL 2018/19 2019/20 2019/20 2020/21 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGER ACCOUNT# CODE DESCRIPTION BUDGET ACTUAL PROPOSAL Operating Expenditures 3190 310 Prof & Tech Services $ 205,200 $ 205,200 $ 62,791 $ 213,490 Total Function 7800 $ 205,200 $ 205,200 $ 62,791 $ 213,490 24 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6008-569 Operation of Plant 7900 SCHOOL 2018/19 2019/20 2019/20 2020/2 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGEF \CCOUNT # CODE DESCRIPTION BUDGET ACTUAL PROPOSAI Personnel Services 2,403 1260 160 Other Support Personnel 3149 310 Trades Worker II 3201 312 School Resource Officer Allocation 2101 221 Social Security - matching 2201 211 Pension 2301 231 Health, Life & Disability Insurance 2302 232 Dental Insurance 2401 241 Workers' Compensation 4501 320 Subtotal Operating Expenditures 2,403 3148 312 Planning/Management Fee - CSUSA 3149 310 MDCSB Administrative Fee 3201 312 Accounting & Auditing Fees 3431 310 Contract - Food Services 4101 370 Communication Services 4301 430 Electricity 4320 380 Pub Ut Svc Other Energy Sv- Water 4440 360 Office Equip - Leasing Expense 4501 320 Insurance & Bond Premium 4620 350 Contract -Building Maintenance 4635 350 Repairs & Maintenance 5120 510 Computer Supplies/Software 5290 590 Other Mat'I & Supply 110,000 148,370 Subtotal Other Uses 29,000 14,944 5901 790 Contingency 5905 790 AACC Expenses 9129 921 Lease Payments to City Debt Svice Fund Subtotal $ 63,522 $ 31,410 $ 17,179 $ 76,512 2,525 2,403 1,318 3,405 4,091 4,397 1,881 6,232 11,116 11,198 7,092 11,197 - 345 218 202 2,106 1,000 1,409 1,000 $ 83,360 $ 50,753 $ 29,097 $ 98,548 $ 306,000 $ 306,000 $ 153,000 $ 306,000 149,409 151,831 76,199 155,100 11,800 12,215 12,000 12,240 271,810 280,000 125,503 280,000 92,809 78,000 46,508 78,000 117,234 130,000 61,413 130,000 29,360 32,000 25,505 32,000 31,179 38,000 16,561 38,000 17,595 38,200 22,360 38,200 180,062 188,658 83,609 188,658 189,334 110,000 148,370 110,000 16,820 29,000 14,944 36,500 4,776 5,000 4,084 5,000 $ 1,418,188 $ 1,398,904 $ 790,056 $ 1,409,698 $ 56,582 $ 85,000 $ - $ 85,000 3,729 6,000 1,071 6,000 444,000 444,000 222,000 444,000 $ 504,311 $ 535,000 $ 223,071 $ 535,000 Total Function 7900 $ 2,005,859 $ 1,984,657 $ 1,042,224 $ 2,043,246 25 CITY OF "ENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6009569 Child Care Supervision 9102 SCHOOL 2018/19 2019/20 2019/20 2020/21 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGER ACCOUNT# CODE DESCRIPTION BUDGET ACTUAL PROPOSAL Operating Expenditures 3113 310 Contract- Recreation Programs $ 102,240 $ 114,000 $ 38,818 $ 114,000 4301 430 Electricity 10,000 10,000 5,000 10,000 4501 320 Insurance & Bond Premium 3,000 3,000 1,500 3,000 4620 350 Contract -Building Maintenance 9,000 9,000 4,500 9,000 4635 350 Repairs & Maintenance 8,500 8,500 4,250 8,500 5290 590 Other Mat'I & Supply 1,114 5,500 - 5,500 Total Function 9102 $ 133,854 $ 150,000 $ 54,068 $ 150,000 CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL CHARTER SCHOOL FUND 2020/21 BUDGETARY ACCOUNT SUMMARY 190-6010-569 Capital Outlay 7400 SCHOOL 2018/19 2019/20 2019/20 2020/2 OBJECT ACTUAL APPROVED HALF YEAR CITY MANAGEI CCOUNT # CODE DESCRIPTION BUDGET ACTUAL PROPOSA Capital Outlay 90,000 $ 71,032 $ 6401 692 Computer Equipment>5000 6402 643 Computer Equipment <5000 6410 640 Furniture, Fixture & Equipment 6420 640 Repairs & Replacements - Total Function 7400 Computer Equipment >5000 Replace Network Infrastructure Replace Server(s) Replace AV Equipment and Whiteboards Subtotal Computer Equipment <5000 Replace Laptop(s)/Computer(s) Tablets Replace Desktop Scanner(s) Replace Security Cameras Subtotal Furniture, Fixture & Equipment Restroom Renovation - Middle School Subtotal Total Function 7400 27 $ 78,530 $ 90,000 $ 71,032 $ 114,000 220,505 221,000 169,004 113,750 423,219 52,000 23,012 35,000 2,407 78,000 - - $ 724,661 $ 441,000 $ 263,048 $ 262,750 $ 65,000 16,000 $ 30,000 62,250 1,500 20,000 $ 113,750 $ 262,750 THIS PAGE HAS INTENTIONALLY BEEN LEFT BLANK CITY OF AVENTURA AVENTURA CITY OF EXCELLENCE SCHOOL OPERATING AND CAPITAL BUDGET FISCAL YEAR 2020/2021 ADOPTING ORDINANCE 29 ORDINANCE NO. 2020 - AN ORDINANCE OF THE CITY OF AVENTURA, FLORIDA, ADOPTING THE ATTACHED CHARTER SCHOOL OPERATING AND CAPITAL BUDGET FOR THE AVENTURA CITY OF EXCELLENCE SCHOOL FOR FISCAL YEAR 2020/2021 (JULY 1 — JUNE 30), PURSUANT TO SECTION 4.05 OF THE CITY CHARTER; AUTHORIZING EXPENDITURE OF FUNDS ESTABLISHED BY THE BUDGET; PROVIDING FOR BUDGETARY CONTROL; PROVIDING FOR PERSONNEL AUTHORIZATION; PROVIDING FOR GIFTS AND GRANTS; PROVIDING FOR AMENDMENTS; PROVIDING FOR ENCUMBRANCES; PROVIDING FOR SEVERABILITY AND PROVIDING FOR AN EFFECTIVE DATE. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. The 2020/2021 Operating and Capital Improvement Program Budget for the Aventura City of Excellence School, a copy of said budget being attached hereto and made a part hereof as specifically as if set forth at length herein, be and the same is hereby established and adopted. Section 2. Expenditure of Funds Appropriated in the Budget Authorized. Funds appropriated in the Budget may be expended by and with the approval of the City Manager in accordance with the provisions of the City Charter and applicable law. Funds of the City shall be expended in accordance with the appropriations provided in the Budget adopted by this Ordinance and shall constitute an appropriation of the amounts specified therein. Supplemental appropriations or the reduction of appropriations, if any, shall be made in accordance with Section 4.07 of the City Charter. Section 3. Budgetary Control. The Budget establishes a limitation on expenditures by department total. Said limitation requires that the total sum allocated to the Charter School department for operating and capital expenses may not be increased or decreased without specific authorization by a duly -enacted Resolution affecting such amendment or transfer. Therefore, the City Manager may authorize transfers from one 30 individual line item account to another, so long as the line item accounts are within the same department and fund. Section 4. Personnel Authorization. The "Personnel Allocation Summary" enumerates all authorized budgeted positions. However, the City Manager may amend said authorized budgeted positions in order to address the operating needs of the department so long as sufficient budgeted funds are available. Section 5. Grants and Gifts. When the City of Aventura receives monies from any source, be it private or governmental, by Grant, Gift, or otherwise, to which there is attached as a condition of acceptance any limitation regarding the use or expenditures of the monies received, the funds so received need not be shown in the Operating Budget nor shall said budget be subject to amendment of expenditures as a result of the receipt of said monies, but said monies shall only be disbursed and applied toward the purposes for which the said funds were received. To ensure the integrity of the Operating Budget, and the integrity of the monies received by the City under Grants or Gifts, all monies received as contemplated above must, upon receipt, be segregated and accounted for based upon generally accepted accounting principles and where appropriate, placed into separate and individual trust and/or escrow accounts from which any money drawn may only be disbursed and applied within the limitations placed upon the Gift or Grant as aforesaid. Section 6. Amendments. Upon the passage and adoption of the Charter School Fund Budget for the City of Aventura, if the City Manager determines that the Department Total will exceed its original appropriation, the City Manager is hereby authorized and directed to prepare such Ordinances as may be necessary and proper to modify any line item from the Budget hereby. Section 7. Encumbrances. All outstanding encumbrances at June 30, 2020 shall lapse at that time; and all capital outlay encumbrances and/or capital outlay expenditures not spent during the fiscal year may be re -appropriated in the 2020/2021 fiscal year. 31 Section 8. Severability. The provisions of this Ordinance are declared to be severable and if any section, sentence, clause or phrase of this Ordinance shall for any reason be held to be invalid or unconstitutional, such decision shall not affect the validity of the remaining sections, sentences, clauses, and phrases of this Ordinance but they shall remain in effect, it being the legislative intent that this Ordinance shall stand notwithstanding the invalidity of any part. Section 9. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading. The foregoing Ordinance was offered by Commissioner , who moved its adoption on first reading. This motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Commissioner Dr. Linda Marks Commissioner Gladys Mezrahi Commissioner Robert Shelley Commissioner Howard Weinberg Vice Mayor Marc Narotsky Mayor Enid Weisman The foregoing Ordinance was offered by Commissioner , who moved its adoption on second reading. This motion was seconded by Commissioner , and upon being put to a vote, the vote was as follows: Commissioner Denise Landman Commissioner Dr. Linda Marks Commissioner Gladys Mezrahi 32 Commissioner Marc Narotsky Commissioner Robert Shelley Commissioner Howard Weinberg Mayor Enid Weisman PASSED AND ADOPTED on first reading this 23rd day of April, 2020. PASSED AND ADOPTED on second reading this 5th day of May, 2020. ATTEST: ELLISA L. HORVATH, MMC, CITY CLERK APPROVED AS TO LEGAL SUFFICIENCY: CITY ATTORNEY 33 ENID WEISMAN, MAYOR AVENTURA CITY OF EXCELLENCE SCHOOL 3333 NE 188th Street Aventura, Florida 33180 Telephone: (305) 466-1499 Fax: (305) 466-1339 Website: www.aventuracharter.org