FY 2019 South Burlington School District Board Approved Budget--January 17, 2018 Budget Presentation South Burlington School District Budget January 24, 2018 1 Information
Recommended Budget Objectives The South Burlington School District Recommended Budget will allow us to: • Provide student opportunities and programs that are essential for students to achieve desired educational goals outlined in our District’s Ends Policy ; • Provide professional development for staff that allows for continual learning and sustainability of our schools’ excellence as measured by student outcomes (Ends); • Continue to utilize student assessment data to adjust and deploy resources in the identified areas of need; • Safeguard well-being of students and staff through maintenance of all five school buildings utilizing a bond as a financial instrument so that costs are spread over a twenty-year period. These highlights capture our commitment to educational excellence, student and staff well-being, fiscal responsibility, and building stewardship. South Burlington School District Budget January 24, 2018 2 Information
Components of the Tax Rate Calculation The tax rate can vary – and has over the years – as a result of any one of these five factors. Estimated Revenues Proposed $12,050,314 Expenditures "Yield" $9,842 $49,686,166 Up 0.04% set by Vt. AOE Down 3.13% Up 0.85% Property Tax Rate Up 1.96% Equalized Pupils Common Level 2,512.79 of Appraisal “Frozen” number 94.51% Set by Vt. AOE Set by State Negligible Up 3.97% change South Burlington School District Budget January 24, 2018 3 Information
Final Equalized Pupils Count SOUTH� BURLINGTON� SCHOOL� DISTRICT Equalized� Pupil� Comparison %� Change FY14 FY15 FY16 FY17 FY18 FY19* FY19� vs� FY14 State-Wide� Total 89,899 89,257 89,164 89,039 87,745 88,101 -2.0% South� Burlington 2,381.05 2,365.36 2,400.03 2,420.12 2,416.53 2,512.79 5.5% South Burlington School District Budget January 24, 2018 4 Information
SBSD Budget Development--"Board Approved" Budget, as approved on 1/17/18 Actual FY18 FY19 Prelim Version: # 4 SBSD Budget FY 2018-19 Status Change 1/22/2018 % Chg Budget Budget State Level Factors FY19 Expenditure Budget Funds 01 & 03: $49,268,882 $49,686,166 (1) $417,284 0.85% FY18 Factors Assumed level of additions: $0 Property Yield: $9,842 $10,160 * CLA: 94.51% $0 95.98% (3) Adjusted Expenditure Budget: $49,268,882 $49,686,166 $417,284 Equalized Pupils: 2,512.79 0.85% 2,416.89 Less "Other" Revenue Funds 01 & 03: $12,046,081 $12,050,394 (2) $4,313 0.04% Non-Resid Tax Rate: $1.6290 $1.5350 possible revenue budget changes: $0 Adjusted Revenue Budget: $12,046,081 $12,050,394 $4,313 0.04% (Net) State Education Fund: $37,222,807 $37,635,772 $412,965 Residential Property Tax Impact 1.11% Equalized Pupils: 2,416.89 2,512.79 (3) 95.90 Before income sensitivity and with the 3.97% CLA the residential property tax per $100,000 homestead value is Net "Ed Spending" Per Equalized Pupil: $15,401.12 $14,977.68 ($423.43) -2.75% estimated as: Property "Yield": $10,160 $9,842 (4) ($318.00) -3.13% $1,522 Total $31 Change from FY18 S.B. Residential Tax Rate (w/o CLA): $1.5159 $1.5218 $0.0059 0.39% monthly change $2.58 Residential Tax Rate w/ CLA: $1.5793 $1.6102 (5) $0.0309 $3,725 (6) 1.96% Tax on a $231,356 condo Non-Residential Tax Rate (w/o CLA): $1.5350 $1.6290 $0.0940 6.12% Change from FY18 $71 Non-Residential Tax Rate w/ CLA: $1.5993 $1.7236 $0.1243 $5.96 7.77% monthly change $5,412 (7) Tax on a $336,110 home Change from FY18 $104 The % change in the total expenditure budget 0.85% $8.65 monthly change The % change in ed spending per equalized pupil is:** -2.75% FY18 Factors The % change in the estimated residential tax rate is: 1.96% Income Sens Impact 2.53% 2.72% The % change in the non-residential tax rate from FY18 is: 7.77% Tax on $40,000 HH Inc: $1,010 -78 The % change in the income sensitized rate from FY18 is: -7.16% Tax on $60,000 HH Inc: $1,515 -117 The % change in draw from the State Education Fund is: 1.11% Tax on $80,000 HH Inc: $2,020 -156 Sheet Notes: Budget Notes: 1. The total expenditure budget proposed for the coming year. 1. Total expenditure budget, ed spending per equalized pupil, and perce 2. The total amount expected in revenue for the coming year. change are, by law, included in the ballot language. 3. The count of equalized pupils computed by the AOE 2. This budget recognizes reductions considered to date, as well as 4. The "property yield, set by the AOE current State data for the CLA and Equalized Pupils. 5. The total computed residential tax rate. Budget Development Status: This version is the "Board Approved" budget. South Burlington School District Budget January 24, 2018 5 Information
Items that were reduced from the FY18 budget that are now in the FY19 proposed budget presented at the December 19, 2017 School Board Meeting Included PROJECT TASKS FY19 HR Support - ACA; FMLA; VPFLA; Negotiations; 0.5 FTE $36,012 Contract Services for Program Development $20,000 HS/MS Facilities Needs Assessment $35,000 Total: $91,012 South Burlington School District Budget January 24, 2018 10 Information
Recommended Additions New Items Proposed for FY19 Request Rationale Cost District Communications Coordinator (0.5 FTE) Needed due to increasing focus on Internet web presence as a medium of communications $34,028 Pavement Repair to Operating Budget from Bond Miscellaneous repairs may not meet useful life Required for bond financing and may be disrupted by subsequent larger paving/drainage projects $50,000 Orchard Co-Teaching Position (1.0 FTE) To provide professional intervention for students with special education needs for better outcomes. This is supported and by the AOE’s District Management Group recent report on strengthening best practice supports $80,000 South Burlington School District Budget January 24, 2018 11 Information
Recommended Additions New Items Proposed for FY19 Request Rationale Cost Orchard carpet/tile replacement in Library, etc. Carpet is worn causing a trip hazard (the other two elementary schools recently replaced carpets) $35,000 BCBA Behavior Coach (1.0 FTE) To build a sustainable response for students with challenging behaviors. $60,000 Safety/Security Software To enhance student/staff safety $12,000 South Burlington School District Budget January 24, 2018 12 Information
Recommended Additions New Items Proposed for FY19 Request Rationale Cost School Nursing Services change (net - 0.2 FTE) To have a registered nurse on site every day, adds 0.4 FTE to the RN position & eliminates Current LPN position (-0.6 FTE) $24,644 Add transition time for SBHS Assistant Principal & To provide assistance with class scheduling Guidance CAS positions due to retirements and training for successors in these positions $16,828 Additional Contingent Teacher To provide a cushion in case enrollments or enrollment distributions exceed current estimates $80,000 Total $392,500 South Burlington School District Budget January 24, 2018 13 Information
Items proposed for the $950,500 Bond Munson Field / Iverson Track Chamberlin Elementary School o Restrooms & Training Room o $325,000 Light fixtures replacements $3,000 o Storage Building o $50,000 Carpet & asbestos floor tile replace $7,000 o Parking Lot Upgrades $7,500 South Burlington High School o Fire Alarm Upgrade $5,000 o Library Reconfiguration $150,000 o Fire Alarm Upgrade $43,000 Orchard Elementary School o Re-Key and door hardware upgrade and o Carpet & asbestos floor tile replace $5,000 o security $15,000 Light fixture replacements $3,000 o Exterior door upgrades o $13,000 Roof $67,000 o Fire Alarm Upgrade $5,000 Frederick H. Tuttle Middle School o Key Scan Access $5,000 o Burner Replace $65,000 o Carpet & asbestos floor tile replace $110,000 Rick Marcotte Central School o Light fixture replacements o $12,000 Light fixture replacements $3,000 o Fire Alarm Upgrade o $10,000 Carpet & asbestos floor tile replace $5,000 o Key and Lock Security Upgrades o $5,000 Roof Replacement $30,000 o Fire Alarm Upgrade $7,000 o Main door replacement $10,000 South Burlington School District Budget January 24, 2018 14 Information
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