NOR ORRI RIST STOWN WN AR AREA EA SC SCHOO OOL L DIS ISTRI TRICT CT 2019 2019-20 20 BU BUDGET DGET Dece cembe mber r 12, 2018
2019-20 BUDGET KICK-OFF
Act 1 Index Program Priorities Financial Priorities Financial Snapshot Timeline / Next Steps
Act 1 Index • 2019-20 Base Index = 2.30% • NASD Adjusted Index = 2.80% • Historically, with “Act 1 Exceptions”, NASD could have levied taxes beyond Adjusted Index For 2019-20, we do not expect to qualify for Exceptions so our tax increase limited at 2.80%
Act 1 Index There are only 4 exceptions remaining; 7 were eliminated by Act 25 of 2011 • 2 are for debt; grandfathered / electoral – NASD debt does not qualify • 1 is for PSERS increases that exceed the Index • PSERS Employer Rate jumping from 33.43% to 34.29% • 2.60% increase – which is less than our index of 2.80% • As a result, we do not qualify for an exception for 2019-20 • 1 is for Special Education increases that exceed the Index • Eligible NASD Special Ed expenses from 2016-17 to 2017-18 increased by 0.53% – which is less than our Index of 2.80%. • As a result, we do not qualify for an exception for 2019-20
Program Priorities • TRADITIONAL STRATEGIC PRIORITIES INCLUDE: Maintain full-day kindergarten program; Including maintaining Musselman Learning Center as a kindergarten center Providing adequate instructional materials & textbooks Maintain strong range of music, arts, and foreign languages courses Maintain manageable class sizes Maintain adequate staffing to support growing ELL student population Maintain adequate staffing to support our Special Education programming Maintain School Resource Officers Adequately plan for facilities management, maintenance, repairs, and facility upgrades
Program Priorities • ADDITIONAL TARGETED PRIORITIES FOR 2019-20 INCLUDE: Providing focused support for NASD students/staff across all instructional areas; regular education, special education, ELD, etc. CURRICULUM & INSTRUCTION TEAM RESTRUCTURING & HIRING COMPLETE TEAM WILL BE ENHANCED WITH DR. WILLIAMS ARRIVAL IN JANUARY NEW MODEL DESIGNED TO PROVIDE HEIGHTENED LEVEL OF SUPPORT FOR INSTRUCTIONAL PROGRAMS CURRICULUM REVIEW ON-GOING
Program Priorities • ADDITIONAL TARGETED PRIORITIES FOR 2019-20 INCLUDE: Providing focused support for NASD students/staff across all instructional areas; regular education, special education, ELD, etc. Implement 2 nd phase of technology plan (Year 2 of 5) LAUNCH NAHS 1:1 INITIATIVE (CHROMEBOOK FOR EVERY STUDENT) ADDITIONAL STUDENT CHROMEBOOK DEPLOYMENT IN MIDDLE & ELEMENTARY SCHOOLS STAFF CHROMEBOOKS – GRADES 5-8
Program Priorities • ADDITIONAL TARGETED PRIORITIES FOR 2019-20 INCLUDE: Providing focused support for NASD students/staff across all instructional areas; regular education, special education, ELD, etc. Implement 2 nd phase of technology plan materials & textbooks Repurpose space at Roosevelt for student programming ADMIN TEAM RESEARCHING BEST PRACTICE MODELS FOR ON-SITE ALTERNATIVE PROGRAMMING
Program Priorities • ADDITIONAL TARGETED PRIORITIES FOR 2019-20 INCLUDE: Providing focused support for NASD students/staff across all instructional areas; regular education, special education, ELD, etc. Implement 2 nd phase of technology plan materials & textbooks Repurpose space at Roosevelt for student programming Maintain current staffing levels; i.e. NO REDUCTIONS/CUTS WILL REQUIRE THOROUGH REVIEW OF POSITIONS, ASSIGNMENTS, AND DISTRICT NEEDS EXPECT TRANSFERS WILL BE NEEDED
Financial Priorities • Fiscally responsible agreements with EANA Support, MMAP, & AAS MMAP & AAS Mid-Mgmt & Administrators agreements expire 6/30/19
Financial Priorities • Fiscally responsible agreements with EANA Support, MMAP, & AAS • Healthcare evaluation Bucks-Montgomery Healthcare Consortium ?
Financial Priorities • Fiscally responsible agreements with EANA Support, MMAP, & AAS • Healthcare evaluation • Balance 2019-20 budget without using Fund Balance CRUCIAL TO FUTURE OF NASD!!!
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ?
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? ? EARNED INCOME TAX
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? Proposed Commonwealth BASIC EDUCATION FUNDING INCREASE ? Budget will be available in FICA / PSERS SUBSIDY $ 325,000 February
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? BASIC EDUCATION FUNDING INCREASE ? FICA / PSERS SUBSIDY $ 325,000 FEDERAL SUBSIDY – ALLOCATIONS RELEASED LATE SPRING ?
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? BASIC EDUCATION FUNDING INCREASE ? FICA / PSERS SUBSIDY $ 325,000 FEDERAL SUBSIDY ? TOTAL NEW REVENUES $ 2,875,000
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? BASIC EDUCATION FUNDING INCREASE ? FICA / PSERS SUBSIDY $ 325,000 FEDERAL SUBSIDY ? TOTAL NEW REVENUES $ 2,875,000 EXPENSES: WAGE INCREASES – TBD $ 1,500,000
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? BASIC EDUCATION FUNDING INCREASE ? FICA / PSERS SUBSIDY $ 325,000 FEDERAL SUBSIDY ? TOTAL NEW REVENUES $ 2,875,000 EXPENSES: WAGE INCREASES $ 1,500,000 HEALTHCARE – 1 ST LOOK $ 1,300,000
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? BASIC EDUCATION FUNDING INCREASE ? FICA / PSERS SUBSIDY $ 325,000 FEDERAL SUBSIDY ? TOTAL NEW REVENUES $ 2,875,000 EXPENSES: WAGE INCREASES $ 1,500,000 HEALTHCARE – 1 ST LOOK $ 1,300,000 PSERS / FICA $ 650,000
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? BASIC EDUCATION FUNDING INCREASE ? FICA / PSERS SUBSIDY $ 325,000 FEDERAL SUBSIDY ? TOTAL NEW REVENUES $ 2,875,000 EXPENSES: WAGE INCREASES $ 1,500,000 HEALTHCARE – 1 ST LOOK $ 1,300,000 PSERS / FICA $ 650,000 DEBT SERVICE – 2016 DEBT $ 700,000
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? BASIC EDUCATION FUNDING INCREASE ? FICA / PSERS SUBSIDY $ 325,000 FEDERAL SUBSIDY ? TOTAL NEW REVENUES $ 2,875,000 EXPENSES: WAGE INCREASES $ 1,500,000 HEALTHCARE – 1 ST LOOK $ 1,300,000 PSERS / FICA $ 650,000 DEBT SERVICE – 2016 DEBT $ 700,000 VO-TECH TUITION $ 350,000
Financial Snapshot 2019-20 BROAD OVERVIEW - NEW REVENUES & NEW EXPENSES (ESTIMATES) REVENUES: RE TAX GENERATED BY 2.80% TAX INCREASE $ 2,650,000 ASSESSMENT APPEAL ESCROW (SET ASIDE FOR LOSSES) ($ 100,000) ASSESSMENT INCREASE – BENTWOOD (EN TWP) ? EARNED INCOME TAX ? BASIC EDUCATION FUNDING INCREASE ? FICA / PSERS SUBSIDY $ 325,000 FEDERAL SUBSIDY ? TOTAL NEW REVENUES $ 2,875,000 EXPENSES: WAGE INCREASES $ 1,500,000 HEALTHCARE – 1 ST LOOK $ 1,300,000 PSERS / FICA $ 650,000 DEBT SERVICE – 2016 DEBT $ 700,000 VO-TECH TUITION $ 350,000 SAVINGS FROM REPURPOSING ROOSEVELT ($ 400,000)
Recommend
More recommend
