Educate the Sutton community on the annual budget process Provide - PowerPoint PPT Presentation

 Educate the Sutton community on the annual budget process  Provide a five year overview  Provide the Sutton community with an opportunity to ask questions regarding the budget  Seek community input on next steps 2

School ol Committee tee Actua ual FY2011 FY2012 FY2013 FY2014 FY2015 14,696,401 14,721,802 14,618,597 15,035,973 15,609,855 Total Increase between 2011-2015: $913,454 (6.2%) 3

Actuals Actuals Actuals Actuals Actuals Anti tici cipated ted FY2016 FY2011 FY2012 FY2013 FY2014 FY2015 Instruction: Special 2,437,588 2,919,310 3,097,078 3,244,458 3,364,625 3,449,889 Education Out of District 560,413 528,110 645,436 647,065 729,597 867,978 Tuition TOTAL TAL 2,998,001 998,001 3,447,420 447,420 3,742,514 742,514 3,891,523 891,523 4,094,222 094,222 4,317,867 317,867* Total Actual Increase between 2011-2015: $1,096,221 (37%) *Anticipated Increase for 2016: $223,645 4

Tuitions Out FY2016 16 Budge get 5% Central Office 3% Employee Retirement 0% Operations/Maintenance 11% Instruction Transportation/ 70% Health Services 11% 5

 On a $15,000,000 budget, approximately $12,000,000 represents personnel  One percent of increase equals $120,000  On average, total salaries have increased annually approximately $250,000 to $400,000  Exception: Union concession delayed pay increase for 91 days in 2013  Restructure of health care benefits in 2014 and 2016 allowed increased funding from the town in excess of $400,000 6

Anti tici cipa pated ted Actual FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Chapter 70 5,075,229 5,102,475 5,163,355 5,201,680 5,239,230 5,276,480 State Aid Town 7,801,554 7,801,544 7,834,014 8,359,014 8,660,014 9,100,393 Contribution Other Funding 1,819,618 1,817,783 1,621,228 1,475,279 1,710,611 1,791,221 Sources TOTAL TAL 14,696,401 ,696,401 14,721,802 ,721,802 14,618,597 ,618,597 15,035,973 ,035,973 15,609,855 ,609,855 16,168,094 ,168,094 Actual 25,401 (103,205) 417,376 573,882 558,239 Increase 0.2% -(0.7)% 2.9% 3.8% 3.6% 7

Chapter 70 is the Commonwealth’s School Funding Statute A district’s Chapter 70 aid is determined in three basic steps: It defines and calculates a fo foun undat datio ion budget get, an adequate 1. funding level for each district, given the specific grades, programs, and demographic characteristics of its students. It then determines an equitable local cal contri ontribut butio ion, how 2. much of that “foundation budget” should be paid for by each city and town’s property tax, based upon the relative wealth of the community. The remainder is funded by Chapter 70 (c70) state e aid aid. 3. 8

 A report by MassBudget gathered data from the state’s 328 operating districts and analyzed key trends found across each.  The study found that most districts hire far fewer regular education teachers than the foundation budget sets as the adequate number. The education funding formula does not reflect increased health insurance and special education costs, forcing most districts to compensate with funds that would have supported hiring regular education teachers.  The foundation budget estimate of statewide district spending on special education and health insurance falls short by over $2 billion. 9

Actual Anti tici cipated ted FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Funded Chapter 70 5,075,229 5,102,475 5,163,355 5,201,680 5,239,230 5,276,480* Total Increase in Chapter 70 Funding from 2011 – 2015: $164,000(3%) Less than 1% per year *Anticipated Increase in Chapter 70 Funding for 2016: $37,250 NOTE: In 2008, Sutton received $5,245,542 in Chapter 70 Funding. 10

Actual Anti tici cipated ted FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Funded Town 7,801,554 7,801,544 7,834,014 8,359,014 8,660,014 9,100,393* Contribution Total Increase in Town Contribution from 2011 – 2015: $858,460 (11%) Virtually all of the increases have occurred over the last two years, in part, due to health care concessions by all town employees. *Anticipated Town Contribution for 2016: $440,379 11

9,500,000 9,000,000 Town Contribution 8,500,000 8,000,000 7,500,000 7,000,000 6,500,000 6,000,000 Chapter 70 5,500,000 5,000,000 4,500,000 FY11 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY14 & FY16 – restructure health insurance and will continue 12

Actuals Actuals Actuals Actuals Actuals Budget et FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Lunch 33,436 33,926 34,588 22,363 Tuition 150,000 150,450 90,000 60,905 60,000 7,000 Athletics 5,206 11,205 Building Use 10,000 275 School Choice 316,848 556,879 547,356 289,687 536,415 438,272 Preschool 40,000 40,000 50,000 50,000 50,000 70,000 Sports Fees 85,000 85,000 105,000 99,386 111,200 141,300 After Care 92,607 103,215 89,081 100,000 100,000 140,000 Circuit Breaker 161,122 178,288 199,000 339,172 255,573 360,000 13

Actuals Actuals Actuals Actuals Actuals Budget et FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Parking 9,000 Fees Summer 10,000 Camp Gifts & 17,225 10,740 Donations Bus Fees 60,655 60,655 60,655 61,000 90,000 115,000 TOTAL TAL 949,668 9,668 1,208,413 208,413 1,175,680 175,680 1,022,788 022,788 1,225,619 225,619 1,312,517 312,517 REVOL OLVING 14

Actuals Actuals Actuals Actuals Actuals Budget et FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 Kindergarten 69,900 55,600 46,050 45,850 42,037 41,680 Title I 40,000 38,336 35,132 53,761 70,910 69,000 Early 16,129 17,712 17,674 17,284 17,652 17,000 Childhood Spec. Ed. 332,266 349,822 346,692 335,596 332,991 328,000 Allocation Teacher 21,402 23,024 Quality ARRA 196,067 ARRA Early 3,820 Child SFSF 27,246 Jobs Bill 184,522 147,900 TOTAL TAL GRAN RANTS TS 869,950 9,950 609,370 9,370 445,548 5,548 452,491 2,491 484,992 4,992 478,704 8,704 15

Actuals Actuals Actuals Actuals Actuals Budget et FY2011 FY2012 FY2013 FY2014 FY2015 FY2016 TOTAL REVOLVING 949,668 1,208,413 1,175,680 1,022,788 1,225,619 1,312,517 ACCOUNTS TOTAL 869,950 609,370 445,548 452,491 484,992 478,704 GRANTS TOTAL TAL REVOL OLVING 1,819,618 819,618 1,817,783 817,783 1,621,228 621,228 1,475,279 475,279 1,710,611 710,611 1,791,221 791,221 ACCOU COUNTS TS & GRAN RANTS TS 16

 Restructured the middle school  Restructured high school  Concessions in negotiations with the two unions, STA and SESA  Reduced staffing  Increased sports fees  A variety of other cost cutting measures  Increased the use of one-time revolving funds, which have now been nearly depleted 17

Professiona onal Staff Reducti uctions ns FY2011-FY2012 9.0 FTE FY2013 5.0 FTE FY2014 6.8 FTE FY2015 1.0 FTE FY2016 2.2 FTE 24.0 FTE Using an average salary of $50,000 x 24 positions equals a reduction of 1.2 million dollars. 18

Enrollment Trend by Grade Span 1,800 1,663 1,587 1,520 1,600 1,400 1,200 9-12 1,000 Pupils 7-8 800 K-6 600 400 200 0 2005 2010 2011 2012 2013 2014 19

Grade Leve vel Total Students dents Average rage Class Size Grade K 83 21 Grade 1 102 26 Grade 2 93 23 Grade 3 115 23 Grade 4 109 22 Grade 5 130 26 Grade 6 121 24 Grade 7 123 24 Grade 8 118 24 Grade 9 114 19 Grade 10 114 19 Grade 11 101 19 Grade 12 115 19 TOTAL L STUDEN ENTS: TS: 1,438 1,438 Projection of Kindergarten students in FY2017 is 80. 20

FY2 Y2017 017 FY2 Y2018 018 FY201 019 Total Salary Increase 364,000 408,000 377,000 Total Expense Increase 66,000 116,000 136,000 430,000 524,000 513,000 Projection Assumptions: • Estimated contract negotiations • Actual contract increases • Expenses increase 1% • Estimated Special Education tuition 21

Items ms to Cons nsider der New Foreign Language Teacher 50,000 Visual Media Teacher (TV Studio) 50,000 General Supplies to 2015 levels 50,000 Textbooks (Annual $100K Budget) 55,000 Additional Academic Support (SCEL & ELEM) 100,000 Eliminate Fees (Sports, Buses) 220,000 TOTAL 525,000 22

FY2 Y2017 017 FY2 Y2018 018 FY2 Y2019 019 Projected 430,000 524,000 513,000 Budget Increase Projected Loss of 300,000 100,000 5,000 One Time Revenue Estimated Funding 730,000 624,000 518,000 Increase Required 23

 Cannot count on substantial increases from state or federal government  The only direct way to eliminate the budget gap is through local funding, or  A proposition two and half override  For every $100,000 of override spending, the averag rage e single le family ily propert erty* y* real estate tax would increase approximately $26 $500,000 override = increase approx. $130 $1,000,000 override = increase approx. $260 *Using ng $325, 25,186 186 as the average rage single gle family propert rty value. 24

 Without a solution, services will continue to be cut. 25

 Continue to fine tune budget projections throughout year  Meeting with Fincom  Continue to work with Town  Acquire clear revenue projections from Town and State  Hold additional informational sessions 26

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