Baraboo School District 2015 Budget Hearing & Annual Meeting - PowerPoint PPT Presentation

Baraboo School District 2015 Budget Hearing & Annual Meeting East Elementary IMC Monday, September 28, 2015 6:00 p.m.

NOTICE FOR BUDGET HEARING AND ANNUAL MEETING (Sections 65.90(4) and 120.08(1)) Notice is hereby given to the qualified electors of the School District of Baraboo that the thirty-fourth Public Hearing on the proposed 2015-16 budget, followed immediately by the annual meeting for the transaction of business will be held in the East Elementary Media Center, 815 Sixth Street, Baraboo, Wisconsin, on September 28, 2015 at 6:00 p.m. , respectively. Any and all residents of the school district shall have the opportunity to be heard thereon. A summary of the proposed budget is herewith published. Detailed copies of said budget are available for inspection in the District's office, 101 Second Avenue, Baraboo, Wisconsin. Gary Cummings, Clerk, School District of Baraboo

Budget Hearing Agenda Agenda: Budget Hearing I. A. Call to Order - Kevin Vodak, Board President 1. Introductions 2. Ground Rules B. District Administrator's Address - Lori Mueller C. Budget Review - Jeff Pruefer, Dir. of Bus. Services D. Discussion E. Adjourn Budget Hearing

Introductions/Ground Rules Attorney Frank C. Sutherland, Parliamentarian ● Purpose of budget hearing ● Ground rules ● Process

Budget Hearing • District Superintendent Lori Mueller and Director of Business Services Jeff Pruefer will provide an informational presentation on the 2015-16 budget

District Administrator’s Address

Budget Review Director of Business Services Jeff Pruefer Board of Education Finance Committee Sean McNevin (Chairperson) Gary Cummings Ed Mortimer

District Strategic/Budgetary Goals • Support the implementation of the 2015-2018 District Strategic Plan • Continuously improve/Add educational services that positively impact student learning • Fully implement and sustain the district’s teacher compensation system • Present a balanced district budget Click to view district Budget Publication

Fund Descriptions ○ Government Funds ■ General (10) and Special Education (27) ○ Student Funds (21 & 60) ○ Debt Service (30) ■ Fund 38: Non Referendum Debt ■ Fund 39: Referendum Debt ○ Capital Projects Fund (49) ○ Food Service (50) ○ Trust Funds (70) ■ Fund 72: Private Purpose Trust Fund ■ Fund 73: Employee Benefit Trust Fund ○ Community Service (80) - Pool, Middle School Athletics, Kid Stop, Boys and Girls Club Shuttle, Rosetta Stone Services

2015-17 Wisconsin Biennium Budget Revenue Cap ● State revenue cap formula was increased by $0/student for 2015-16 and $0/student in 2016-17. ● $150/student categorical aid is provided for 2015-16 ($0 increase from 14-15), with the amount increasing to $250/student in 2016-17 ($100 increase from 15-16). ● The revenue cap is estimated to increase by $0 (per revenue cap law), and non-revenue cap revenues are estimated to remain flat for 15-16 and increased by $300,000 for 16-17. ● Baraboo’s budget planning related to revenue was based on a decrease in revenue (state/tax) of $257,731(due to non- recurring exemptions being removed from our revenue cap) ■ Declining Enrollment Exemption ■ Hold Harmless Exemption

2015-17 Wisconsin Biennium Budget Revenue Cap

2015-17 Wisconsin Biennium Budget Revenue Cap

2015-17 Wisconsin Biennium Budget State General Aid • Statewide: Increased 0% in 2015-16 • Baraboo: Estimated increase 1.4% from 14-15 to 15-16 • Baraboo: Projected to receive an additional $216,990 in 15-16 • State revenue limit formula: Due to $0 revenue limit increase, increase in state aid decreases local levy (Aid increase does not represent increased revenues)

School District of Baraboo State General Aid (Historical)

Enrollment Trend • Declining enrollment in District • Three year FTE membership average would remain stable • Economically disadvantaged population remains stable in reviewing past five years • Actual increase or decrease will be based on revised student membership count completed in September

Enrollment Trend

Economically Disadvantaged

Enrollment vs. Capacity

Baraboo School District Budget General Fund Revenues $30,554,861

Historical Expenditures (General Fund) Year Amount 2008-2009 $26,936,230 2009-2010 $28,262,387 2010-2011 $30,470,022 2011-2012 $30,293,670 2012-2013 $31,155,000 2013-2014 $30,916,134 2014-2015 (Unaudited) $30,814,731 2015-16 (Projected) $30,667,347

Expenditures (General Fund) ● 0.8% decrease (overall) from 2014-2015 school year (budgeted) and 0.5% from 2014-2015 (actual) ○ Staff Reductions/Retirements ○ Elimination of District’s Driver’s Education Program ○ Elimination of Computer Lab Assistants ○ Transportation Costs Reduced ○ Post-Retirement Benefit Changes ○ Change in STD/LTD provider ○ Costs Shifted from Fund 10 to Funds 50/80 ○ Reduction ins maintenance/operations and curriculum budget ● Budget built with 2.5% health insurance increase and salary increases (CPI-1.62%, Salary Schedule movement) ○ Salary increases currently included in budget but unallocated

Baraboo School District Budget (General Fund Only) Expenditures - $30,667,347

Baraboo School District Budget (General Fund Only)

Baraboo School District Budget (General Fund and Special Education)

Comparative Cost per Member (Source: DPI School Finance Webpage)

Fund 30 – Debt Service Levy

$2.5M General Obligation Debt Deferred Maintenance Projects JYMS Wall: Phase II (Completed) • BHS Indoor Bleachers (Completed) • JYMS Pool Acoustical Tiles (Completed) • Roof Projects (East ES, GLW ES, and JYMS) • (completed) Pool Trench Drain at JYMS (Completed) • Mansard Siding Project at GLW (Completed) • Lead Paint Project at East (Completed) • • PA/Phone Project (Completed) • High School Parking Lot (Completed)

$2.5M General Obligation Debt Deferred Maintenance Projects Install Sidewalk from Draper (JYMS) - Completed • IMC Carpet (GLW) - Completed • Boiler Burner (East & JYMS) - Fall ‘15 • Steam Trap Rebuilds (BHS & East) - Fall ‘15 • Gym Bleacher Replacement (JYMS) - June ‘16 • Wall/Masonry Repairs (Most Schools) - June ‘16 • • Repair Switchgear Foundation (JYMS) - June ‘16

$9.5M Referendum Debt Safety and Maintenance • Safety and Security • Secure Main Entries (All Schools) • Additional Surveillance Cameras (All Schools) • Exterior Door Controls & Monitors (All Schools) • Renovate/Repurpose Main Office Areas (Most Schools) • Relocated IMC/Library (East) • Capital Maintenance • Repair/Replace Roofs (ABE, West, HS) • Update HVAC Systems / Add A/C (Most Schools) • Repair/Replace Windows, Lighting, Ceilings (Various Schools) • Improve Site/Parking Lots (ABE, JYMS, HS)

Fund 73 – Post-Employment Benefit Trust • District utilizes a post-employment benefit trust to pre-fund retiree benefits • Administered by MidAmerica • Trust assets held by American United Life (AUL) • Current Balance: $779,495.70 (as of 8/31/15) • Interest earnings in 2014-15: $803.62 • Interest earnings in 2015-16 (as of 8/31/15): $2,562.98 • Total Disbursements in FY 14-15 • Trust Fund Expenditures: $419,147.56 • Implicit Rate Disbursement: $91,871.90

Community Service Fund Fund 80 • This fund allows the school district to permit use of the District’s property for civic purposes. • Services which have the primary function of serving the community and which are not classified as instructional or supporting services must be accounted for in this fund • In our district, there are five programs within Fund 80 (Kid Stop, Pool, Middle School Athletics, Boys and Girls Club Shuttle Bus, & Rosetta Stone Services) • Click HERE for revenue/expenditure information related to this fund

Tax Levy: Listed by Fund Fund Amount Levied Fund 10 (General Fund) $11,736,316.00 Fund 38 (Non-referendum $285,850.00 Debt) Fund 39 (Referendum Debt) $1,500,000.00 Fund 80 (Community $379,626.11 Service Fund) Total Levy $13,901,792.11 Tax Levy Notes: 1. The increase in levy from fiscal year 14-15 is primarily due to the levy defeasance into Fund 39. 2. The Board of Education is allowed by law to change the tax levy as necessary prior to November 1 st .

Historical Tax Levy (All Fund)

Revenue: General Fund General State Aid vs. Property Tax Year % State Aid % Prop Tax 09-10 52.9% 40.4% 10-11 53.8% 38.7% 11-12 48.9% 41.5% 12-13 51.0% 41.9% 13-14 50.2% 41.3% 14-15 51.7% 39.7% 15-16 52.4% 38.4%

Equalized Value (Historical)

Tax Levy/Mill Rate Calculation ● Factors: Certified Equalized Value, Equalized Aid, 3rd Friday Count, Allowable Revenue Cap ● Tax levy represents a 3.5% increase from 14-15 ● Referendum Debt Defeasance ● Mill Rate will not increase from 14-15 to 15-16 ● Mill Rate holds at $8.92/$1,000 value

Historical Mill Rate Review (BSD)

Tax Rate Increase Based on Current Home Values with 0% inflation and stable valuation Home Value Dollar Increase $100,000 $0 $150,000 $0 $200,000 $0 $250,000 $0 $300,000 $0 $350,000 $0

Mill Rate Comparison 2015-16