Finance Program Evaluation March 12, 2019 District Operating - PowerPoint PPT Presentation

Finance Program Evaluation March 12, 2019

District Operating Budget - $91 million Historical Assessed Valuation 1,500,000,000 4% 9% 1,400,000,000 1% 1,300,000,000 1,200,000,000 86% 1,100,000,000 1,000,000,000 08-09 10-11 12-13 14-15 16-17 18-19 Local County State Funding Federal

District Operating Budget - $91 million Salaries/Benefits Everything Else $83.28 $16.72 2018 2001 $ Change % Change $83.28 $79.23 $4.05 5.11% Salaries and Benefits $2.38 $3.95 ($1.57) (39.75%) Utilities Cafeteria Food $1.77 $1.29 $0.48 37.21% Capital - Technology $1.74 $0.79 $0.95 120.25% Capital - Other $1.74 $2.39 ($0.65) (27.20%) Maintenance and repairs $1.56 $1.60 ($0.04) (2.50%) Professional Services $1.55 $1.90 ($0.35) (18.42%) School supply costs $1.40 $1.69 ($0.29) (17.16%) Textbooks $1.18 $2.25 ($1.07) (47.56%) $0.87 $0.92 ($0.05) (5.43%) Student Activities $0.70 $1.24 ($0.54) (43.55%) Property and Liability Insurance $0.47 $0.84 ($0.37) (44.05%) Transportation fuel and supplies $1.36 $1.91 ($0.55) (28.80%) Other $100.00 $100.00 Total

Certified Salaries Avg Salary + Student $ to match % Bud. District Benefits Teacher Ratio PSD Increase Pattonville $78,118 13.65 $0 0% Webster $77,560 14.59 $1,492,030 6% Parkway $76,593 14.68 $6,080,437 7% Kirkwood $74,606 16.41 $5,144,765 18% Francis Howell $74,606 15.81 $11,392,305 13% Ritenour $70,824 16.52 $4,986,416 18% Rockwood $69,661 15.21 $10,072,998 10% Hazelwood $68,401 15.14 $7,617,179 9% Lindbergh $66,343 16.59 $4,948,507 19% St. Charles $65,172 11.46 ($3,817,865) (13%)

Non-Certified Salaries Non-Certified Salaries per Difference $ to Match % Bud District Student from PSD PSD Increase Pattonville $2,799 St. Charles $2,331 $468 $2,124,930 20% Rockwood $2,275 $524 $10,356,840 23% Parkway $2,249 $550 $9,247,147 24% Kirkwood $2,135 $664 $3,563,484 31% Webster $1,957 $842 $3,564,744 43% Hazelwood $1,770 $1,029 $16,419,500 58% Francis Howell $1,728 $1,071 $16,892,199 62% Lindbergh $1,503 $1,296 $8,103,020 86% Ritenour $1,345 $1,453 $8,341,428 108%

Health Insurance $2.3m RX Actual Costs 7% Growth 15,000 % of Plan Members 12,500 10,000 All Other 37% 7,500 Chronic/Complex 63% 5,000 2005 2007 2009 2011 2013 2015 2017 2019 % of Plan Cost < 50% receive an All Other annual health 4% screening Chronic/Complex 96%

Employee Health Clinics 400 • Pattonville, Parkway, and Francis Howell 334 • Selected CareATC to operate near sight clinics 300 • Redirects money already spent in the health plan, and visit/RX is free within the clinic 200 • Increases access to doctors and wellness 100 • Encourages relationship building • Break even year 1 - save $350,000 by year 3 31 26 8 0 s s n k a r o r e a l t l t a P a e e B P y K e w . v t S e l e N K c M PHA 190 Health Status Factors (Personal Health Assessment) 143 The Personal Health Assessment (PHA) is a Respiratory System complete health screening tool which enables you to identify potential health risks such as high blood pressure, high cholesterol, 75 Ill-Defined diabetes, obesity and more. 60 Endocrine & Immunity 44 Nervous System 0 50 100 150 200

Employee Health Clinics

Performance Contracting • Design Build Construction Contract with Holman kWh an Energy Service Contractor (ESCO) 2014-15 2017-18 300,000 • ESCO is responsible for the design 255,000 • ESCO is responsible for the contractors 210,000 • ESCO guarantees 15 year payback 165,000 120,000 Building Project Cost 75,000 1,522,000 Bridgeway e y t r r r r y y h l y i s e e e e r n l r r c a u u a a p b b b b r M u J g u u a A m o m m J u t n r M e c e e b A a t O v c e Drummond 1,115,000 p J o e F e N D S Parkwood 1,212,794 Willow Brook kWh 1,195,433 Rose Acres 2014-15 2017-18 80,000 Remington 2,265,870 69,000 Willow Brook 1,077,674 58,000 2,184,907 Heights 47,000 Holman 3,352,751 36,000 Learning Center 1,540,000 25,000 e y t r r r r y y h l y i s e e e e l r r r a n c u u a a p 265,000 b b b b Printing/Maint. u r M J g A m o m m u u a J u n r M t e c e e b A a O t v c e p J o e F e N D Aquatics Center 98,772 S High School 5,558,884 Prop K had $4.7 million to fund related projects at each of these buildings, but the use of performance contracting has allowed for an Total 21,389,085 additional $12.8 million in construction

Performance Contracting (PHS Example) Project Capital Utility Net to Annual Years High School Projects Cost Avoidance Rebates Recoup Savings Payback 855,409 (115,389) 740,020 76,545 Lighting 9.67 Water 327,284 (7,308) 319,976 21,043 15.21 Weatherization and 239,491 239,491 25,822 9.27 Optimization HVAC 2,347,922 (1,263,344) 1,084,578 43,829 24.75 671,400 (466,681) (30,900) 173,819 18,201 Boilers 9.55 1,117,378 (204,773) (123,960) 788,645 78,690 Controls 10.02 Total 5,558,884 (1,942,106) (270,249) 3,346,529 264,130 12.67

Performance Contracting (PHS Example)

Reserves 26% Reserve Requirement Projected Operating Reserves $40,000,000 $30,000,000 $20,000,000 $10,000,000 $0 2015 2016 2017 2018 2019 2020 2021 2022 Debt Payments Reserves $12,000,000 $9,000,000 $6,000,000 $3,000,000 $0 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028

Areas of Focus • Maintain reserves to avoid borrowing • Maintain the lower tax rate for residents (Prop P) • Complete facilities plan construction • Plan for ongoing tax appeals • Plan for technology replacement and needs • Complete performance contract construction • Provide competitive salaries and benefits • Food services bid • Health benefits bid