School Boards Approved Budget Presentation Febr bruary uary 18, , - PowerPoint PPT Presentation

School Board’s Approved Budget Presentation Febr bruary uary 18, , 2020 020 1

Strategic Plan ENGAGE 2025 Our MISSION Together, we prepare our students for their future. Our VISION We inspire and empower each student to develop essential skills Goal 1 and access multiple pathways in pursuit of their dreams. Every day, Student Learning each child yearns to come to school, excited about learning. Goal 2 Well- Being G o a l 1 : S t u d e n t L e a r n i n g G o a l 2 : S t u d e n t & S t a f f W e l l - B e i n g Goal 3 Growth and Resources G o a l 3 : P r o f e s s i o n a l G r o w t h & O r g a n i z a t i o n a l R e s o u r c e s Goal 4 Community G o a l 4 : C o m m u n i t y E n g a g e m e n t Engagement Quality ■ Equity ■ Innovation ■ Inclusivity ■ Collaboration ■ Citizenship ■ Stewardship 2

FY2021Budget Priorities  Attracti acting, ng, Retaini ining, ng, and d Investi esting ng in High Quality ty Teachers chers and d Staf aff  Increasing easing Stude udent Learni arning ng and nd Achi hievement evement  Suppor pporti ting ng Safe, fe, Enga gaging ng, , and d Equi uitab table le Lea earning ning Environmen ronments ts Goal 1 Student Learning Goal 2 Well- Being Goal 3 Growth and Resources Goal 4 Community Engagement 3

F Y 2 0 2 1 O p e r a t i n g B u d g e t : P r o j e c t e d F u n d i n g G a p Budget Amount Projected Revenues $338,855,202 Preliminary Expenditures $343,274,826 Preliminary Budget Gap ($4,419,624) 4

F Y 2 0 2 1 B u d g e t : A l l F u n d s 0.67% Governor’s 0.84% School 0.33% Fleet Detention Service Center FY21 % of Food Service Capital Projects Fund Fund Proposed Budget Budget 0.22% Regional Operating Fund 1 Governor’s School $2,289,421 0.67% Adult Ed 2 Detention Center $1,147,759 0.33% 88.98% 3 Food Service $12,251,952 3.57% 4 Regional Adult Ed $744,687 0.22% $343,274,826 5 Operating Fund $305,459,192 88.98% 6 Capital Projects $18,500,916 5.39% 7 Fleet Service $2,880,899 0.84% Goal 1 Student Learning Grand Total $343,274,826 100% Goal 2 Well- Being Goal 3 Growth and Resources Goal 4 Community Engagement 5

F Y 2 0 2 1 B u d g e t : R e v e n u e S o u r c e s State Funds FY21 - Preliminary % of Budget Local Funds Revenue By Source Revenues State Funds $156,157,910 45.49% Local Funds $135,181,416 39.38% $343,274,826 Federal Funds $17,441,492 5.08% Loans & Bonds $18,500,916 5.39% Other Funds $10,199,502 2.97% 5.39% Fund Balance $1,373,966 0.40% 1.29% GAP GAP $4,419,624 1.29% 0.40% Federal Funds Fund Other Funds Grand Total $343,274,826 100.00% Balance Loans & Bonds 6

F Y 2 0 2 1 B u d g e t : A l l F u n d s b y C a t e g o r y Debt Services Instruction FY21 % of Food Services Category Proposed Budget Budget Capital Projects 8.33% 63.40% Instruction $217,637,341 63.40% Technology Administration $12,258,780 3.57% 6.72% Transportation $22,117,577 6.44% $343,274,826 Maintenance Maintenance $23,062,174 6.72% 6.44% Food Services $11,443,263 3.33% Transportation Capital Projects $18,500,916 5.39% Administration Technology $9,665,000 2.82% Debt Services $28,589,775 8.33% Grand Total 100.00% $343,274,826 7

FY 2021 Operational Budget: Expenditures by Category Instruction Debt Service Technology Transportation Category FY21 - Proposed Budget % of Budget 69.94% Instruction 69.94% $213,624,963 Maintenance Administration 4.01% $12,258,780 $305,459,192 Administration 6.30% Transportation $19,230,978 Maintenance 7.29% $22,253,485 Technology 3.11% $9,501,211 Debt Services 9.36% $28,589,775 Grand Total $305,459,192 100.00% 8

FY 2021 Operational Budget: Expenditures by Category (Less Debt Service) Instruction Technology Maintenance Transportation Category FY21 - Proposed Budget % of Budget 77.16% Administration Instruction 77.16% $213,624,963 4.43% Administration $12,258,780 $276,869,417 6.95% Transportation $19,230,978 Maintenance 8.04% $22,253,485 Technology 3.43% $9,501,211 Grand Total $276,869,417 100.00% 9

School Operating Budget Breakdown NON-COMPENSATION COMPENSATION Salaries & Other Materials & Purchased Capital Supplies Benefits Charges Services Investments $8,622,590 $244,750,877 $9,168,246 $14,238,977 $88,727 88.40% 3.31% 3.11% 5.14% 0.03% -Telephone -Classroom -Licensed/ -Security -Student Support -Gasoline Resources Professional Equipment Contracted Services -Fuel Oil -Fine Art Supplies -Maintenance -Support Staff -Professional -Electricity -Music Program Equipment -Administrators Development -Water Supplies -Equipment -Maintenance -Hourly Staff -Equipment Rental -Athletic/PE Supplies -Lab Equipment Contracts -VRS -Student Awards -Membership Dues -Legal Services -Guidance Materials -FICA - Worker’s -Repair Services -Testing Materials Compensation Total -Medical -Leasing Fees -Office Supplies Insurance Operating -Printing -Dental -Consumable -Local Travel -Special Services -Vision Budget* Supplies -Bond Fees -Non-consumable -Short Term Disability -Advertising $276,869,417 Supplies -Shipping Services -EAP *Less Debt Service -Special Programs 10 -Group Life

Balance of Student Needs Versus School Funding State Funding Local Funding Federal Funding Goal 1 Student Learning Goal 2 Well- Being Goal 3 Growth and Resources Goal 4 Community Engagement 11

System Advancements and Achievement S t a t e C l a s s 2 0 1 9 S c h o l a r s h i p s A c c r e d i t a t i o n $35,054,457.50 100% of Schools H i g h e s t O n - T i m e G r a d u a t i o n R a t e G r a n t s & P a r t n e r s h i p s L o w e s t 93.2% D r o p - o u t R a t e $247,685.85 in Grant Funding * 3.9% Board of Education Blue Ribbon Music Designation Over 300 Partners In Education Board of Education Distinguish Achievement Award NAMM Award – Best Community for Music Education C l a s s o f 2 0 1 9 Over 100 Aspire Mentors Virginia Purple Star School Designation C T E C o m p l e t e r s Dept. of Game & Fisheries Virginia Naturally School Award 886 *Does not include Title I, II, III or Perkins Grant, VATFACS Teacher of the Year PTA/PTO/Booster Club Funding 12 VACTE Teacher of the Year & New Teacher of the Year

Division Snapshot S p e c i a l P r o g r a m s S c h o o l s & C e n t e r s S t a f f H i g h l i g h t s 17 Elementary Schools • 1,688 Teachers Pre-School • JROTC 114 Administrative Staff* 7 Middle Schools • 29 AP & DE Courses 1,382 Support Staff • STEM Courses/Academies 5 High Schools 78 Other Licensed Staff • Advance Placement Capstone 13 Average Years Experience Career & Tech Center and • Commonwealth Governor’s 56% of Teaching Staff have Alternative Learning Center School • International Baccalaureate Masters and/or Doctorate Degrees • Future Educators Academy 36 National Board Certified Teachers M e a l s M i l e s B u s e s • Courthouse Academy S e r v e d D a i l y T r a v e l D a i l y • 73% Live in Spotsylvania County SPED – Gateway Academy 17,755 24,106 *Number includes interns & Activities Directors 13

th largest SCPS is the 12 th school division out of 132 Virginia Public School Divisions.* Compos osite ite Index ex Trends ds R a nk ed 9 5 t h o u t o f 1 3 2 V i r ginia S c hool D i v is ions f o r p er p u pi l 2014- 2016- 2018- 2020- f u n ding.* 2016 2018 2020 2022 0.3555 0.3617 0.3627 0.3722 *As per latest published VDOE data. 14

As of 02/18/20 18/20 Revenue Highlights Revenue Local State Federal FY20 Base $ 131,181,416 $ 148,234,046 $ 16,973,324 FY21 New Additional Reoccurring Funding $ 2,500,000 $ 7,923,864 $ 468,168 $ 1,500,000 FY21 One Time Funds $ - $ - FY21 Total $135,181,416 $156,157,910 $17,441,492 % Increase 3.05% 5.35% 2.76% 15

Virginia Retirement System (VRS) Trend Data VRS State Revene Compared to Total Expenditure 40,000,000 24,643,589 35,000,000 21,956,070 30,000,000 19,525,142 22,871,581 18,730,263 21,835,506 25,000,000 16,501,431 18,809,371 16,464,428 20,000,000 State Revenue for VRS Continues to be well below 15,000,000 VRS Expenditures 10,303,931 9,250,050 10,000,000 8,316,736 8,075,848 NOTE: In FY21 the deficit is 6,578,662 $13,892,883 for VRS cost. 9,138,369 9,247,985 5,000,000 7,773,304 6,575,364 0 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 Approved State VRS Revenue VRS Expenditures 16