Burgettstown Area School District 1
The final budget seeks $18,902,625 in revenue with $18,902,625 in expenses. This is a $661,909 1,909 decreas ase under last year’s budget. The budget includes a proposed deferral al/refinance of the February debt service payment of approximately $1.9 million. The budget requires 11.36 368 mils in local taxes with $6,342,906 from an estimated state subsidy. The subsidy is estimated to increase by $48,845. There is is the expectation for Ready to Learn block grant money in our revenue. (We were able to use approximately $99,000 this year toward salaries.) 2
Contractual obligations for teacher salaries increase by $322,360. Support staff salaries increase by 2.5% or $38,572.07. Blue Cross / Blue Shield require a 9% increase, which is $472,324. Dental insurance will increase 7.5% Retirement contributions to PSERS are increasing $334,976. This is a 2.5% increase. There are no staff retirements to reduce payroll and benefits. 3
Maintenance and custodial supplies budget is reduced by $14,000, but there is a need for an upgrade to our HVAC systems software and a generator rebuild at total costs of $19,000 Our Title I & II allocation is also expected to be reduced by 10% for next year. We expect a 9% decrease in our transportation subsidy. This amounts to $58,290.00 We budgeted an increase in substitute pay to $105 per day. 4
We decreased administrative salaries with the elimination of the Director of Student Activities and Athletics position and change from Assistant Principal to Dean of Students. We maintained our budget line for Western Area CTC at this year’s levels despite an estimated decline in costs of $35,907. When added to our expected refund from 2016-17 costs, we will have slightly over $113,000 in funds available to support a roof project. 5
Food service is considering different pricing structures to increase participation and sales. We will attempt to reduce the overall financial burden of the cafeteria on the general fund. 6
Source ces s of Income Local sources - $8,719,726 State Sources - $9,821,619 Federal sources - $256,945 1% 47% 52% Note: we are estimating how much revenue we will receive from the Did you know… state. There is no …a School Board member is unpaid? This is an elected position and completely official state budget yet. voluntary. The position requires hours of service before during and after Board meetings? We truly appreciate our Board! 7
Expend nditur tures by C Categor gory Intructional programs and staff - $11,858,299 5% 10% Support services - $1,104,265 6% Maitenance of the facilities - $1,806,588 Transportation - $1,144,193 10% 63% School and District 6% Administration (including clerical staff) - $1,923,562 Other - $1,011,383 Note: most of the costs in the budget are fixed by a contract or negotiated agreement, including maintenance and transportation costs. We have only about 5% of the budget within our discretion. 8
While we are catching up to similar districts in our spending per student, we are still below the average. This graph shows our spending (blue line) per pupil versus other district’s (green line) with the same enrollment and socio-economic levels as Burgettstown. The gold color is the State average. Source: Eidex Insights 9
When you take out Federal Grant money, you see over the past few years, our spending has lagged behind our neighbors in Source: Eidex Insights the county. 10
Our contribution to the state pension plan is increasing $334,976. This payment has increased since 2009. The bill is now 32.57% of our payroll. It was 4.76% in 2009. Tuition for students attending cyber school will cost over $600,000 next year. Out of district placements also cost an estimated $584,649. Health insurance coverage is up 9%, which is an additional $472,324. the next four years are projected to increase between 5% and 7% annually. 11
A home assessed at: $100,000.00 $150,000.00 $200,000.00 pays in taxes: $1,081.90 $1,622.85 $2,163.80 with a .5 mil increase will owe an additional: $50.20 $75.30 $100.400 minus estimated relief from gambling revenue: -$192.00 -$192.00 -$192.00 for an overall tax burden of: $940.10 $1,506.15 $2,072.20 12
WASHINGTON COUNTY MILLAGE COMPARISON 2017-2018 2016-2017 DISTRICT Millage Millage Avella 10.360 126.0000 California 10.409 104.5000 Burgettstown 11.368 132.0000 Bentworth 11.570 126.0000 Fort Cherry 11.752 130.5000 McGuffey 11.900 130.0000 Chartiers Houston 11.986 125.0125 Peters Township 13.200 113.4000 Ringgold 13.420 123.0000 Trinity 14.733 121.8000 Washington 15.400 135.0000 Charleroi 16.404 143.0000 Canon McMillian tbd 110.0000 Beth Center tbd 113.6400 13
2017 2017-201 2018 8 Millage ge Rates 18 16.404 15.4 16 14.733 13.42 14 13.2 11.986 11.9 11.752 11.57 11.368 12 10.409 10.36 10 8 6 4 2 0 14
25.0 20.0 15.0 10.0 5.0 0.0 Source: Eidex Insights When you use a level playing field, you find our taxes are in the middle of the pack. 15
Necessary to balance the budget Will depend on the interest rates as we approach the loan payment. One option is to refinance about $17 million in bonds and apply the savings to the budget. Another option is to scoop the payment and defer over the ten years. Debt service will increase. 16
Recommend
More recommend
