Ashwaubenon School District Proposed Budget for the 2018-19 School - PowerPoint PPT Presentation

Ashwaubenon School District Proposed Budget for the 2018-19 School Year

Overview of Presentation • Budget process and priorities • Revenue Limit, Aid, and levy overview • Trends in Ashwaubenon School District • Comparing Ashwaubenon to districts from across the State • 2018-19 budget overview • Community Service Fund budget

Budget Process Overview • Priorities in current budget – Improving Reading and Math test scores – Reducing achievement gaps – Maintaining small class size – Focus resources on the classroom • Main factors in developing the budget – Student counts – Staffing levels – Revenue Limits

Revenue Limit, Aid and Taxes • How does the revenue limit work? • Why is revenue limit important? • How does open enrollment factor into our budget? • What is the impact on Equalization Aid on revenue limit and levy? • Levy and mill rate calculation

What is the Revenue Limit and How is it Calculated? A district's revenue limit is the maximum amount of revenue that may be raised through State general aid and property tax for the General, Non-Referendum Debt, and Capital Expansion Funds, also referred to as Funds 10, 38, and 41 respectively. One-time On-going Resident Revenue Limit Membership $ per pupil (Non-recurring) (Recurring) Authority (FTE) exemptions exemptions • Open Enrollment students and revenue are not included in the Revenue Limit calculation • Declining enrollment exemption is a non-recurring exemption • The Per Pupil amount has not changed for 3 years and is down $328.81 per pupil since 2011-12 • The 2018-19 Ashwaubenon per pupil amount is $9,624.59

Why is Revenue Limit Important The revenue limit comprises 65% of the Ashwaubenon School District's 2018-19 general fund operating revenue. 2018-2019 Fund 10 Budget $ % Revenue Limit w/ all Exemptions $21,891,922 65.4% All other operating revenue $11,578,698 34.6% Total $33,470,620 100.0%

Ashwaubenon Is Different from Most Other Districts in the State The revenue limit comprises 65% and Open Enrollment is 27% of the Ashwaubenon School District's 2018-19 general fund operating revenue. 2018-2019 Fund 10 Budget $ % Revenue Limit w/ all Exemptions $21,891,922 65.4% All other operating revenue $11,578,698 34.6% Total $33,470,620 100.0% Other Major Revenue Source Open Enrollment Revenue $9,043,471 27.0% All other operating revenue $2,535,227 7.6% Revenue Composition $ $0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 Revenue Limit w/ all Exemptions Open Enrollment Revenue All other operating revenue Our incoming Open Enrollment students do not have any impact on our District Levy. Open Enrollment revenue is a transfer of general aid from the resident district

Why is State General Aid Important? The revenue limit calculates how much the district can raise through State general aid and the local tax levy. State general aid identifies who pays. The Revenue Limit less State general aid equals the revenue limit property tax levy. In 2018-19, 28% of the Ashwaubenon School District's revenue limit authority is funded through State EQ Aid and High Poverty Aid. 2018-2019 Budget Revenue Limit w/ all Exemptions $ % Fund 10, 38, 41 $22,016,339 (less) State EQ & High Poverty Aid -$6,227,227 28.3% Revenue Limit Levy $15,789,112 71.7%

How is Total District Levy Calculated? 2018-19 Levy School district property taxes include Composition $ the: • Revenue Limit Levy (General, Non- Revenue Limit Levy $15,789,112 referendum Debt and Capital Expansion Funds) • Referendum-approved Debt Levy (Fund Referendum-Approved Debt Levy $300,000 39) Community Services Levy $476,000 • The Community Services Levy (Fund 80). $0 Prior Year Levy Chargebacks and Other Total school-based Levy $16,565,112 Referendum Community Approved Debt Service Tax Levy Levy (Fund 80) (Fund 39) Revenue Limit Prior Year Levy Tax Levy Chargeback and Total (Funds 10, 38 & Other 41) School Levy

How is the Mill Rate Calculated? Total School Levy Equalized Property Value $1,000 Mill Rate 2018 Proposed Ashwaubenon Total School Levy $16,565,112 Equalized Property Value $1,957,905,793 Mill Rate $8.46 • Mill rate is the tax rate per $1,000 of property value • This is an equalized mill rate that allows for comparison to districts across the State • Assessed mill rates are not comparable to other school district due to the variance in assessment rates in different municipalities • In 2017-18 the State average equalized mill rate for schools was $9.79

1000 1500 2000 2500 3000 3500 500 0 1993-94 1995-96 1997-98 1999-00 Ashwaubenon School District 2001-02 Open Enrollment Students 2003-04 Student Count 2005-06 2007-08 2009-10 2011-12 2013-14 2015-16 2017-18 Estimated

2018-2019 2017-2018 2016-2017 2015-2016 2014-2015 2013-2014 2012-2013 Equalization Aid and Open Enrollment Aid Open Enrollment Aid 2011-2012 2010-2011 2009-2010 2008-2009 Equalization Aid 2007-2008 2006-2007 2005-2006 2004-2005 2003-2004 2002-2003 2001-2002 2000-2001 1999-2000 18,000,000 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0

Ashwaubenon School District Comparison of Tax Levy Amount 25,000 20,000 Tax Levy in Thousands of Dollars 15,000 10,000 5,000 0 1993-1994 1995-1996 1997-1998 1999-2000 2001-2002 2003-2004 2005-2006 2007-2008 2009-2010 2011-2012 2013-2014 2015-2016 2017-2018 Estimated Community Service Fund Levy Deb Service Levy General Fund Levy

General Fund Revenue Tax Levy, Equalization Aid, and Open Enrollment Aid 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 General Fund Tax Levy Equalization Aid Open Enrollment Aid

Comparing Ashwaubenon to Similar Districts • Chose 10 districts with similar student counts from around the State • Compare on budget priorities and tax rate • Comparison based on 2017-18 data

2017-18 Equalized Mill Rate Ashwaubenon estimated 2018-19 mill rate $8.46 Wisconsin average mill rate for 2017-18 $9.79

Student to Staff Ratio

Student Teacher Ratio

Student Administrator Ratio

Spending per Student

Focusing Budget on Instruction

Budget Focused on Staffing

BUDGET ADOPTION 2018-19 GENERAL FUND (FUND 10) Audited Budget Budget 2016-17 2017-18 2018-19 Beginning Fund Balance (Account 930 000) 8,208,795.52 8,631,147.34 8,565,693.34 Ending Fund Balance, Nonspendable (Acct. 935 000) 131,755.96 131,755.00 131,755.00 Ending Fund Balance, Restricted (Acct. 936 000) 2,937,229.56 3,300,000.00 3,300,000.00 Ending Fund Balance, Committed (Acct. 937 000) 0.00 0.00 0.00 Ending Fund Balance, Assigned (Acct. 938 000) 0.00 0.00 0.00 Ending Fund Balance, Unassigned (Acct. 939 000) 5,562,161.82 5,199,392.34 5,183,938.34 TOTAL ENDING FUND BALANCE (ACCT. 930 000) 8,631,147.34 8,565,693.34 8,565,693.34 REVENUES & OTHER FINANCING SOURCES 100 Transfers-in 0.00 0.00 0.00 Local Sources 210 Taxes 17,032,310.00 15,571,745.00 15,664,695.00 240 Payments for Services 3,406.43 0.00 0.00 260 Non-Capital Sales 49,398.29 6,000.00 6,000.00 270 School Activity Income 40,562.23 40,000.00 40,000.00 280 Interest on Investments 3,506.54 5,000.00 5,000.00 290 Other Revenue, Local Sources 158,976.20 140,000.00 140,000.00 17,288,159.69 15,762,745.00 15,855,695.00 Subtotal Local Sources Other School Districts Within Wisconsin 310 Transit of Aids 0.00 0.00 0.00 340 Payments for Services 7,734,859.31 8,242,328.00 9,043,471.00 380 Medical Service Reimbursements 0.00 0.00 0.00 390 Other Inter-district, Within Wisconsin 0.00 0.00 0.00 7,734,859.31 8,242,328.00 9,043,471.00 Subtotal Other School Districts within Wisconsin Other School Districts Outside Wisconsin 440 Payments for Services 0.00 0.00 0.00 490 Other Inter-district, Outside Wisconsin 0.00 0.00 0.00 0.00 0.00 0.00 Subtotal Other School Districts Outside Wisconsin Intermediate Sources 510 Transit of Aids 10,935.34 16,278.00 16,278.00 530 Payments for Services from CCDEB 0.00 0.00 0.00 540 Payments for Services from CESA 0.00 0.00 0.00 580 Medical Services Reimbursement 0.00 0.00 0.00 590 Other Intermediate Sources 0.00 0.00 0.00 10,935.34 16,278.00 16,278.00 Subtotal Intermediate Sources