SAU#9 Study Committee February 28th, 2019
Objectives for this evening ● Committee members will have an understanding of the current eight town tuition contract language including but not limited to: funding formulas, obligations, and timelines. ● Committee members will be able to describe the influence of variables related to funding education in the different towns should the funding formula change in tuition agreements.
Overview of Conway Tuition Agreement (K-6) (Eaton and Albany have such agreements) ● Twenty year (20) agreement beginning on July 1, 2006 ● Opt-out notification after the seventeenth (17 th ) year (June 30th, 2023) ● Eaton shall send 100% of their students to Conway for elementary education ● Albany shall send 75% of their students to Conway for elementary education ● Current Conway school choice policy allows for Albany/Eaton students to attend Conway Elementary School, Pine Tree Elementary School, or John Fuller Elementary School ● Albany/Eaton are responsible for contributions to the facilities maintenance fund and current bonds (calculated by % equalized valuation) ● Any student who comes from outside the agreement will be charged the highest tuition rate within each agreement (ie. Hale’s Location).
Overview of Conway Tuition Agreement (7-8) (Eaton, Albany, Madison, and Freedom have such agreements) ● Twenty year (20) agreement beginning on July 1, 2007 ● Towns shall send 90% of their students to Conway for schooling Any student who comes from outside the agreement will be charged the highest tuition rate within ● each agreement (ie. Tamworth).
Overview of Tuition Agreement (9-12) (Eaton, Albany, Madison, Freedom, Tamworth, Jackson and Bartlett have such agreements) ● Twenty year (20) agreement beginning on July 1, 2007 ● Towns shall send 90% of their students to Conway for schooling Any student who comes from outside the agreement will be charged the highest tuition rate within ● each agreement (ie. Hale's and Hart's Location).
Overview of Tuition Agreement ● Capital Improvement project (inclusive of bond) payments are calculated by the town’s equalized value as a % of the total equalized value of all towns ● Operational Cost Payments calculation for all agreements ○ Combination of 35% of the towns’ equalized value as a percentage of the total equalized value and 65% of the town’s average daily membership (ADM) in attendance of the total average daily membership in attendance at the elementary schools (K-6).
Tuition Rate Calculations Consist of: ELEMENTARY MIDDLE HIGH SCHOOL Bond/capital improve (100% EQ Val) MS Bond (100% Eq. Val) HS Bond (100% Eq. Val) Operational Cost (35% Eq Value- 65% ADM) MS Trust (100% Eq Val) CTC Bond (100% Eq. Val) Elem Trust (100% Eq Val) MS Oper Cost (35% Eq Value- HS/ CTC Trust (100% Eq. Val) 65% ADM) HS/CTC Oper Cost (35% Eq Value- 65% ADM) Subtotal cost Tuition = Cost divided by ADM
What is in and out of the tuition calculations: IN tuition calculations OUT of tuition calculations Regular Education Expenses Special Education - Out of District Placement (including transportation of student) Co-curricular Expenses Special Education - Child specific needs (i.e. staffing costs, equipment and service) Transportation of all students
Average Daily Membership and Equalized Value
Method of Calculation 65 % 35 % Average Daily Membership Equalized Value (ADM) The town’s equalized value as a The town’s average daily membership in percentage of the total equalized student attendance of the total average value . daily membership in attendance at the school(s). Represent the fair market value of most ● ● Use data from previous school year for property. The equalized value of current calculation of upcoming school year rate. use property is equal to the value of (Example: 2017/2018 ADM used for property that would generate the same tax 2019/2020 calculations) revenue .
2019/20 Elementary Tuition Calculation Average Daily Membership (ADM) Only Using actual 2017/2018 ADM
2019/20 Elementary Tuition Calculation Equalized Value Only Using Fall 2018 Equalized Value
2019/20 Middle School Tuition Calculation Average Daily Membership (ADM) Only Using actual 2017/2018 ADM
2019/20 Middle School Tuition Calculation Equalized Value Only Using Fall 2018 Equalized Value
2019/20 High School Tuition Calculation Average Daily Membership (ADM) Only Using actual 2017/2018 ADM
2019/20 High School Tuition Calculation Equalized Value Only Using Fall 2018 Equalized Value
Calculating Tuition for 2019/20 Average Daily Equalized Operating Membership Value Budget 2017/2018 Actual Fall 2018 Equalized Approved 2018/2019 Average Daily Value as published by Operating Budget Membership Dept. of Rev. Admin. Cost Adjustments Cost Adjustments Made - Fall 2019 Once the books are closed to Conway Expenditures, adjustments are made
Breaking Down High School Calculations
Method of Calculation (ADM & Equalized Value) Operating Budget Only ADM % EQ Val% Combined % Conway 48.74% 34.71% 43.8295% Eaton 0.34% 2.23% 1.0015% Albany 3.71% 2.19% 3.178% Freedom 4.03% 11.14% 6.5185% Madison 14.64% 10.62% 13.233% Bartlett 12.08% 22.56% 15.748% Jackson 3.67% 8.68% 5.4235% Tamworth 12.79% 7.87% 11.068% Based on 2019-2020 High School Tuition Calculations
Elementary School Tuition Rate History - 5 year (inclusive of operation, maintenance and bond)
Middle School Tuition Rate History - 5 year (inclusive of operation, maintenance and bond)
High School Tuition Rate History - 5 year (inclusive of operation, maintenance and bond)
K-12 School Tax Rate History - 5 year
High School Tax Rate History by Town Incl. HS Bond, Maint. Trust & Operations (w/ adjustments) (65/35 ratio)
High School Tax Rate Comparison (Eaton & Albany) 27.47 Students (Albany) 2.53 Students (Eaton)
High School Cost per Pupil Comparison (Eaton & Albany)
Equalized Valuation per Student Town Equalized Value Eq. Value Educ. Tax Rate Ed. Tax Rate Per student (%ile- rank out of 290) Per $1,000 of eq. valuation (%ile -rank out of 270) State Average 983,646 12.70 Albany 1,064,329 58% (110) 13.93 45.6% (147) Bartlett 4,017,186 93% (19) 6.21 10.4% (242) Conway 1,218,198 63% (90) 11.06 27.8% (195) Eaton 4,733,504 95% (13) 6.00 10% (243) Freedom 4,616,177 95% (14) 6.63 11.5% (239) Jackson 5,178,507 95% (12) 5.82 8.5% (247) Madison 1,668,158 79% (63) 10.98 27.4% (196) Tamworth 1,155,646 63% (99) 15.01 58% (122) Berlin 325,535 19.18 All information taken from the NH Department of Education Website: https://www.education.nh.gov/data/financial.htm Data is from the 2017-18 year.
Amount raised by $1.00 increase in taxes/thousand Town 2017 Conway $1,447,967 Bartlett $1,055,724 Jackson $398,329 Albany $111,970 Eaton $110,384 Chatham $49,159
Other factors when considering future agreements ● Retiring bond at KHS and KMS ● CPI + 2.5% ● Maintenance Trust Funds- Increase amount annually in lieu of bond ● New legislation for school choice ● Change in high school size may impact programming and school culture
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