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Aug 31, 2023 •43 likes •173 views

HALIFAX AREA SCHOOL DISTRICT 2020-2021 BUDGET PROPOSAL H A L I F A X A R E A S C H O O L D I S T R I C T -PROPOSED FINAL BUDGET FOR 2020-2021 S U B M I T T E D O N B E H A L F O F T H E A D M I N I S T R AT I V E T E A M M AY 1 2

  1. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL H A L I F A X A R E A S C H O O L D I S T R I C T -PROPOSED FINAL BUDGET FOR 2020-2021 S U B M I T T E D O N B E H A L F O F T H E A D M I N I S T R AT I V E T E A M M AY 1 2 , 2 0 2 0

  2. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -BUDGET FACTS- • Income: $20,430,904 -Assumes the board does not raise taxes. Accounts for proposed State Budget increase in Basic Ed and Special Ed Funding. • Expenses: $20,476,301 -Zero based budgeting. Accounts for increases to pension and salaries for HESPA, HEA, and administration. Considers inflation and comprehensive plan initiatives. • Proposed Budget Deficit: ($45,397)

  3. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -BUDGET PROCESS TIMELINE- • Proposed Final Budget Approval: Tuesday, May 12, 2020 – Tonight – Board will be asked to approve the Proposed Final Budget • No Tax Increase • Approval will allow district to advertise and post for approval of Final Budget. • Administration will continue to monitor State and Local discussions on revenue projections. • Final Budget Approval: Tuesday, June 9, 2020

  4. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -FUND BALANCE FACTS- -COMMITTED FUND BALANCE- -Health Insurance & PSERS : $1,797,108.00 -DCTS Debt Payment Fund: $98,968.00 -Other Committed Funds $34,716.00 TOTAL: $1,930,792.00 -UNASSIGNED FUND BALANCE- * TOTAL: $306,028.00 *Does NOT take into consideration projected 19-20 operating surplus.*

  5. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL PRE-COVID 19 & POST-COVID 19 19 • Federal Funding: Level Funding for Federal Grant Programs (CARES Act) • State Funding: – Revised Projected Revenue based on PDE funding estimates release in May of 2020 • Local Revenue: – Revised local collection rate for Real Estate Tax from 94.1% to 93.6% – Revised Earned Income Tax to represent 85% of anticipated collection • Act 1 Allowance: 2.6% (base index), 3.5% (adjusted index) – 100% tax increase would generate $257,000 in new revenue (.7871mills) – 50% tax increase would generate $128,500 in new revenue (.3935mills) – 25% tax increase would generate $69,000 in new revenue (.1968mills)

  6. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -FORCES IMPACTING THE 2020-2021 BUDGET- • Medical Benefits: (1.99% Rate Increase) – T otal Obligation: $2,454,062.07 • Premiums (2,323,512.07) + HSA (130,550.00) • ** Only a budgetary increase of $2,292.99 • PSERS: Rate increase from 34.29% to 34.51% – T otal Obligation: $2,582,242.13 – Amount Reimbursed by State: $1,482,304.00 • Curriculum Purchase for Elementary: – Increased in Curriculum and Instruction Budget by $71,000.

  7. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -COMPREHENSIVE PLAN INITIATIVES- • T echnology for Student • Facilities Improvement Plan: Achievement: continued from 19/20. continued from 19/20. – Continue to consult with Finance and – “Develop an educational program Operations to address equipment that includes (1) virtual learning (2) needs. blended learning (virtual and face to face instruction) and (3) face-to-face – “Develop and implement a facilities instruction with electronic improvement plan for all district resources” buildings.” – K-3 Tablet Initiative • Facility equity for all District buildings. – Computer Replacement Program • Address repairs needed at HES. – 1-1 Mobile Computing: 6-12 • Scoping Audit: next steps for – Blending Learning Grants HES and Enders-Fisherville. – Live Streaming of Events – Extra days for the T echnology ** Planning processes has slowed Integration Specialist due to COVID 19 issues

  8. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -COMPREHENSIVE PLAN INITIATIVES- • Poverty as a barrier to student • Multi-year fiscal plan to sustain financial achievement; communicating with priorities; increase consortium families in poverty; differentiation opportunities with neighboring school strategies for all learners; inventory of districts to share resources, reduce resources for the community; parent costs, and maintain academic and outreach programs. athletic opportunities. – Data confirms “sense of urgency” to provide – Continue to develop and share elective more resources to youngest customers. courses along with academic and enrichment courses like Advanced Placement and College – Continue using PreK Counts Grant to in the High School when appropriate. support a classroom at Halifax ES for 3 and 4 year old students. 20 students served. – Project financial health of district in 3 and 5 year increments. – Continue partnering with all early care providers via a PreK Advisory Committee so – Continue the public & private partnerships: district is better prepared to serve incoming HWEF, local school districts, business & kindergarten students. industry.

  9. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -BUDGET AFTER ADJUSTMENTS- • Income: $20,357,993 -Assumes the board does not raise taxes. Accounts for proposed State Budget increase in Basic Ed and Special Ed Funding. • Expenses: $20,430,046 -Zero based budgeting. Accounts for increases to pension and salaries for HESPA, HEA, and administration. Considers inflation and comprehensive plan initiatives. • Proposed Budget Deficit: ($72,054) • Act 1 Allowance: 2.6% (base index), 3.5% (adjusted index) – 100% tax increase would generate $257,000 in new revenue (.7871mills) – 50% tax increase would generate $128,500 in new revenue (.3935mills) – 25% tax increase would generate $69,000 in new revenue (.1968mills)

  10. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -BUDGET AFTER ADJUSTMENTS-

  11. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -5 5 YR YR PROJECTION 0% TAX INC-

  12. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -5 5 YR YR PROJECTION 100% TAX INC-

  13. HALIFAX AREA SCHOOL DISTRICT – 2020-2021 BUDGET PROPOSAL -BUDGET PROCESS TIMELINE- • Budget Review Period: 3/24/20 thru 4/28/20. – Community submits questions to Business Office. – Administration continues to revise the budget. • Proposed Budget Approved: Tuesday, May 12, 2020 • Final Budget Approved: Tuesday, June 9, 2020 • Email questions to BusinessOffice@hasd.us

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