2015-2016 BUDGET REVIEW CHESHIRE PUBLIC SCHOOLS Greg J. Florio, Ed.D. Superintendent of Schools January 8, 2015
2015-16 Total Budget Request 2014-15 Approved 2015-16 Request $ Change % Change $66,008,180 $69,431,393 $3,423,213 5.19% Budget Request by Category $4,815,770 $3,407,536 7% Salaries 5% $6,477,806 9% Employee Benefits Support Services (Includes Special Education) $12,348,103 $42,382,178 Instructional Expense 18% 61% (Includes Transportation) Maintenance and Operations 79% of Budget is for Salaries & Benefits; 94% for Large “Fixed” Costs
“Fixed” Costs = 94% of Budget Cumulative $ of Cumulative % Budget Category Budget Request Total Budget of Total Budget Salaries $ 42,382,178 $ 42,382,178 61% Benefits $ 12,348,103 $ 54,730,281 79% Transportation, Fuel and Insurance $ 3,825,217 $ 58,555,498 84% Special Education Tuition and Services $ 3,016,034 $ 61,571,532 88% Utilities, Heating & Energy Contract Payments $ 1,960,162 $ 63,531,694 91% Facilities Cleaning, Maint., Supplies & Repairs $ 1,947,374 $ 65,479,068 94% 2015-16 Requested = $69,431,393 94% of the 2015-16 Request is for large expenditures that are “Fixed”. These expenses are either: • Contractual (Salaries & Benefits) = 79% of Budget • Mandated (Special Ed & Trans.) = 9% of Budget • Facility Overhead (Utilities & Maint.) = 6% of Budget These expenditures generally can’t be reduced/eliminated without impacting core services offered by the district.
“Variable” Costs = 6% of Budget 2015-16 Cumulative $ Cumulative % Budget Category Requested Requested of Budget Instructional Supply $ 636,189 $ 636,189 1% Other Professional Services $ 564,700 $ 1,200,889 2% Texbooks/Software $ 483,049 $ 1,683,938 2% Rentals/Leases $ 394,930 $ 2,078,868 3% New & Replacement Equipment $ 225,000 $ 2,303,868 3% Computer Capital Equipment $ 275,000 $ 2,578,868 4% Staff Training & Prof Development $ 275,738 $ 2,854,606 4% Other Services $ 201,443 $ 3,056,049 4% Library/Periodicals/Media $ 176,522 $ 3,232,571 5% Mailings and Communications $ 154,768 $ 3,387,339 5% Property/Liability Insurance $ 151,025 $ 3,538,364 5% Office and Other Supply $ 136,348 $ 3,674,712 5% Telephone/OnLine Services $ 135,588 $ 3,810,300 5% All Other $ 142,025 $ 3,952,325 6% 2015-16 Requested = $69,431,393 6% of the Budget Requested is for categories in which inadequate funding has negative impacts to our schools.
Mandates… • • Transportation to Regional Vo-Ag/Tech • PPACA Adult Education • • Special Education Transportation • TEAM and TCC English Language Learners – ELL • • Sexual Harassment Training Excess Costs and Agency Placement Fees (Team • • Special Education ADA accommodations Coordinating • • Strategic School Profiles Alternate Ed for Expelled Students Committee) • • Vision, Hearing, Scoliosis Screenings • SEED Indoor Air Quality – Tools for Schools • • Summer School • Common Core Asbestos Management • • Three Year Technology Plan Background Checks, Finger Printing, etc. State Standards • • Truancy Reporting • Uniform Chart of Blood Borne Pathogens • • Tuition to Regional Vo-Ag schools Safe School Climate Requirements Accts • • 504 Accommodations • More PPACA Child Abuse Reporting • • Student Wellness Policy and Committee • Masters Degree Professional Development Committee • • DEEP Requirements for Water & Septic In-Service Training for Certified Staff for Teachers • • Elevator Service/Inspections • SMARTER CPR/First Aid and Heimlich Training • • Sprinkler Inspections/Reports Student Physicals and Immunizations Balanced • • Hood Suppression Systems Drug Education (health staff) Assessment • • Fire Alarm System ED-001 End of Year School Report (SBAC) • • Radon Testing • CT Plan for All Other ED-XXX Reporting • • Green Cleaning Family and Medical Leave Act Secondary School • • Biohazard Waste Disposal (+Fluorescents) HIPAA Reform (2020) • • Homeless Student Accommodation • Reading Survey Internet Protection Act for Children • • Open Choice Integrated Pest Management for K-3 Teachers • • NCLB – No Child Left Behind Public/Non-Public School Transportation
2015-16 Budget Increase - Details 2014-15 Requested 2014-15 Approved 2015-16 Requested 2015-16 Approved $3,182,441 $2,300,000 (72.3%) $3,423,213 TBD $165,435 Budget Increase Request by Category $186,898 5% 5% Salaries $42,382,178 (2.55% Increase = $1,054,744) Benefits $1,054,744 $12,348,103 31% (19.51% Increase = $2,016,136) $2,016,136 Support Svcs + Facilities Costs 59% $9,885,342 (1.9% Increase = $186,898) Instructional Exp $4,815,770 (3.56% Increase = $165,435)
Section Review EMPLOYEE SALARIES
Certified Salaries 2014-15 Approved 2015-16 Request $ Change % Change $33,339,329 $34,100,374 $761,045 2.28% Certified Salaries by Employee Group 1.6% 400.72 Total Employees 1.5% 1.8% 0.5% Teachers 0.3% $2,205,237 6.5% Administrators Directors & Supervisors Substitutes $29,935,131 Student Activites 87.8% Homebound Tutors Adult Education 49.1% of Budget (50.7% in 2014-15)
Non-Certified Salaries 2014-15 Approved 2015-16 Request $ Change % Change $7,988,105 $8,281,804 $293,699 3.68% $289,860 Non-Certified Salaries by Employee Group $262,137 $485,425 4% 232.67 Total Employees 3% 6% Instructional Assistants Secretarial & Clerical $2,164,566 26% $1,484,508 Maintenance Employees 18% $1,938,552 $1,656,756 Support Personnel 23% 20% Nurses Managers & Supervisors 11.9% of Budget (12.1% in 2014-15) BOE Bus Drivers
Union Contract Wage Increases Employee Group 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 Cheshire Ed. Secretaries 3.25% 3.25% 1.50% 1.75% 2.00% 2.25% TBD TBD Cheshire Instructional Assts 0.00% 1.50% 0.75% 2.25% 2.50% 3.00% TBD TBD Cheshire Facilities Group 3.50% 2.00% 0.00% 2.00% 2.25% 2.25% TBD TBD Education Assoc. of Cheshire 4.40% 4.40% 2.20% 2.20% 1.00% 2.69% 2.69% 2.55% Cheshire Admin. Personnel 3.50% 3.50% 0.50% 1.00% 2.15% 2.00% 2.00% 2.25% Average (non-weighted) 2.93% 2.93% 0.99% 1.84% 1.98% 2.44% %TBD %TBD Employee groups have been cooperative in negotiating reasonable wage increases in line with economic conditions. Contracts for three of the employee groups covered by collective bargaining agreements expire on 6/30/2015 and will be negotiated.
Section Review EMPLOYEE BENEFITS
Employee Benefits 2014-15 Approved 2015-16 Request $ Change % Change $10,331,967 $12,348,103 $2,016,136 19.51% Employee Benefits by Type $910,548 $408,000 7% 3% Medical/Dental $1,165,000 (22.4% Increase = $1,784,314) $107,100 10% 1% Social Security (non-certified) (2.2% Increase = $25,000) Pension Plan (non-certified) (23.2% Increase = $171,642) $9,757,455 Workers Comp & Unemployment 79% (9.4% Increase = $35,180 ) Life and Disability Insurance (No increase) 17.8 % of Budget (15.0% in 2014-15)
Employee Benefits – Pension Noteworthy Factors and Initiatives • Town Pension Plan (Defined Benefit) contribution up $171,642 for 2015-16 has been increased since 2012 at recommendation of our actuaries due to 2007-2009 economic & market declines.
Employee Benefits – Pension Noteworthy Factors and Initiatives • Town Pension Plan (Defined Benefit) contribution up $171,642 for 2015-16 has been increased since 2012 at recommendation of our actuaries due to 2007-2009 economic & market declines.
Employee Benefits – Pension Noteworthy Factors and Initiatives • Town Pension Plan (Defined Benefit) contribution up $171,642 for 2015-16 has been increased since 2012 at recommendation of our actuaries due to 2007-2009 economic & market declines.
Employee Benefits – Pension Noteworthy Factors and Initiatives • Actuaries recommended reducing return assumptions from 8.25% to 7.5%, resulting in an increase in funding requirements: Year Pension Contribution $ Change % Change 2004 $135,315 $30,354 28.9% 2005 $166,215 $30,900 22.8% 2006 $84,620 -$81,595 -49.1% Markets Rising 2007 $193,930 $109,310 129.2% (Dow 14,093 10-12-07) Markets Decline 2008 $219,957 $26,027 13.4% Markets Bottom 2009 $268,608 $48,651 22.1% (Dow 6,726 3-3-09) 2010 $256,346 -$12,262 -4.6% 2011 $231,292 -$25,054 -9.8% Pension Revaluation 2012 $425,044 $193,752 83.8% (as of 7-1-2012) 2013 $519,578 $94,534 22.2% 2014 $635,581 $116,003 22.3% Record-High Markets (Dow 17,823 12-31-14) 2015 $788,906 $153,325 24.1% Budget - 2016 $910,548 $121,642 15.4% Annual pension contribution level has grown by $641,940, a 239% increase, since the financial markets bottomed in 2009
Employee Benefits - Pension Market recovery may reduce future funding requirements $1,000,000 19,500 $910,548 $900,000 17,823 17,500 $800,000 $700,000 $635,581 15,500 15,010 $600,000 13,178 $500,000 13,500 $425,044 $400,000 11,500 10,646 $268,608 $300,000 $200,000 9,500 $100,000 $26,451 $0 7,500 2001 2003 2005 2007 2009 2011 2013 2015 Annual Pension Contribution Dow Jones Avg Pension Plan Revaluation as of 7-1-2014 underway
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