PRELIMINARY BUDGET PRESENTATION 2018-2019 DR. NANCY M. HACKER, SUPERINTENDENT MR. KENNETH KING, BUSINESS MANAGER
OUR MISSION STATEMENT The Mission of the School District of Springfield Township is to educate and develop all students as learners and citizens who are high-achieving, resilient and responsible in a changing global community.
PURPOSE OF THE BUDGET PROCESS The School District of Springfield Township annual budget process allows us to fund and pursue our district goals and meet obligations to our students.
DISTRICT GOALS SERVED BY THE BUDGET • A quality educational program for all students • The social and emotional welfare and needs of all students • A full complement of extracurricular activities for enhancement of student life • Safe, secure, up-to-date, and well maintained facilities • A well qualified and well trained staff
CURRENT STATUS OF THE BUDGET PA. ACT 1 INDEX = 2.4% 2.4% INCREASE RAISES $990,000 CURRENT (JANUARY, 2018) TAX INCREASE = $2,037,000 = 4.94% (Last year at this time, the increase was $2,399,000, or 5.93%) DEFICIT = $1,047,000
CURRENT BUDGET PROCESS Build department and school budgets Review historical patterns, current needs, new Plan for staffing initiatives, Determine enrollment figures needs and Retirements, expenses additional class size needs, new Healthcare, programs, PSERS, capital Compile, contractual improvements, estimate obligations debt revenue figures Federal, state, local
DISTRICT REVENUE SOURCES LOCAL = $49, 235,149 TOTAL DISTRICT REVENUE = STATE = $58,435,447 $8,734,790 FEDERAL = $465,508
REVENUE COMPARIONS OVER TIME 4 YEAR COMPARISON – 2015-16 – 2018-19 60,000,000 48,185,288 49,235,149 45,381,910 50,000,000 41,927,666 40,000,000 30,000,000 20,000,000 8,387,700 8,732,561 8,734,790 7,846,294 10,000,000 458,100 465,508 551,145 358,000 0 FEDERAL STATE LOCAL 2015-16 2016-17 2017-18 2018-19
PRELIMINARY BUDGET EXPENDITURES COMPARISONS OVER TIME COD DESCRIPTION 2015-2016 2016-2017 2017-2018 2018-2019 % OF $ % E (CURRENT) (PRELIM) BUDGET CHANGE CHANGE 100 Salaries $ 24,596,355 $25,386,236 25,715,888 26,321,255 45.0% $605,567 2.4% 200 Benefits $ 12,441,128 13,840,212 14,738,670 15,572,629 26.6% $833,959 5.7% 300 Prof/Tech $ 2,253,593 2,373,498 2,326,449 2,368,617 4.1% $42,168 1.8% 400 Prop. Servs. $ 1, 627,110 786,917 868,059 858,717 1.5% -$9,342 -1.1% $ 1,923,015 1,888,919 2,451,414 2,622,094 4.5% $170,680 7.0% 500 Other Servs. 600 Supplies $ 1,856,269 2,496,980 2,362,278 2,360,271 4.0% -$2,007 -0.1% Equip. $ 631,206 399,656 181,990 207,051 0.4% $25,061 13.8% 700 Other Objs $ 1,531,998 1,649,765 1,909,488 2,625,762 4.5% $716,274 37.5% 800 Other Finan $ 8,881,000 6,634,000 5,404,560 5,499,051 9.4% $94,491 1.7% 900
TOTAL BUDGET ALLOCATIONS 4.0 0.4 4.5 9.4% 1.5 4.5 45.0% 4.1 26.6% salaries benefits prof servs prop servs other servs supplies equip. other objs other financ
EXPENSES INCREASE AS ENROLLMENTS AND STUDENT NEEDS INCREASE • Enrollment increases - 2,060 to 2,500 students (10 years) • Econ. disadvantaged students – 147 to 482 (10 years) • English Language Learners – 30 to 44 over 10 years • Facilities need updating, additions, and replacement • Mental and emotional needs of students have increased
MAJOR AREAS OF EXPENSE FOR 2018-2019 1. Salaries - $605,000 Possible new staff – class size reduction, emotional support 2. Continuation of older bus replacement - $550,000 3. Debt service – inclusion of $45 million bond to finance new construction - $709,000 4. Healthcare - $152,000 5. PSERS - $628,000 6. Increased Transportation Services (Homeless, Foster Care) - $126,000
THE BUDGET REPRESENTS… • Fiscal support for district goals • The wants and needs of the community, staff, and students • A balance between wants and needs • The need to establish priorities • A balance between priorities and what we believe we can afford
Recommend
More recommend
