SPOONER AREA SCHOOL DISTRICT 2013-2014 BUDGET PRESENTATION - PowerPoint PPT Presentation

SPOONER AREA SCHOOL DISTRICT 2013-2014 BUDGET PRESENTATION

OVERVIEW • SAGE has increased substantially from three years ago. SAGE is tied to our Free and Reduced number, which is well over 50% at the Elementary School. • Title I, a Federal Aid, has increased dramatically over the past three years. Title is tied to the poverty level of the District’s occupants. • We are able to utilize a Federal Special Education stipulation that allows the District to use funds at the Elementary School since it is a School Wide Title I School. We combined our General Fund bank account with our Debt Service bank account to help • with our Cash Flow needs. Our State General Aid continues to decline at the maximum 15% Hold Harmless Annually. • This is the second year that we receive more in State Categorical Aids than General. We are receiving $78,629 in State Aid to High Poverty Districts which reduces the loss to 8%. •

OVERVIEW • We have utilized Act 10 and bid out insurances to dramatically reduce benefit expenses. We formed insurance and post employment benefit committees including Board Members, • Administration, and Staff Members. We were able to change the post employment benefit to a more sustainable model. • All of these strategies combined to put us in a much better position than we were in 24 or 30 months ago. We can live off of our Fund Balance for at least two more years assuming there is not a • big hit in State funding.

17 Enrollment History - Spooner Area School District 2000 1800 1600 1400 1200 Enrollment 1000 800 600 400 200 0 School Year

5 Revenue Cap Calculation Actual Actual Actual Simulation 2010-11 2011-12 2012-13 2013-2014 Base Revenue 12,348,707.00 12,531,964.00 11,907,000.00 12,099,850.00 Base Membership 1,340 1,331 1,323 1,337 Base/Member 9,215.45 9,415.45 9,000.00 9,050.00 Increase/Member 200.00 (415.45) 50.00 75.00 Maximum Base/Member 9,415.45 9,000.00 9,050.00 9,125.00 New Member Average 1,331 1,323 1,337 1,347 ESTIMATED enrollment Hold Harmless Exemption 0.00 0.00 0.00 Revenue Cap 12,531,964.00 11,907,000.00 12,099,850.00 12,291,375.00 Non-Recurring Referenda 1,600,000.00 0.00 0.00 0.00 Energy Efficiency Exemption 737,502.00 Transfer of Service 0.00 0.00 0.00 0.00 DPI Exemption Unused Last Year (75%) Declining Enrollment Exemption 84,739.00 72,000.00 0.00 0.00 NET REVENUE CAP 14,216,703.00 11,979,000.00 12,099,850.00 13,028,877.00 Increase from Previous Year (2,237,703.00) 120,850.00 929,027.00

$10,000,000 $12,000,000 $14,000,000 $16,000,000 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $- 2000-2001 Actual 2001-2002 Actual 2002-2003 Actual General State Aid vs. Local Tax Levy 2003-2004 Actual Local Tax Levy Revenue Limit Components 2004-2005 Actual 2005-2006 Actual General State Aid 2006-2007 Actual 2007-2008 Actual 2008-2009 Actual 2009-2010 Actual Total Revenue 2010-2011 Actual 2011-2012 Actual 2012-2013 Actual 2013-2014 Estimate

Mill Rate Increase Breakdown per $1,000 $(0.00) Student Count Increase of 10 $(0.00) $- $0.06 $75/Member Increase $0.07 $0.21 Act 32 Reduction in State Aid $0.06 Construction Debt Repayment $0.48 Community Service Prior Year Chargeback Computer Aid

Debt Repayment Property Valuation $2,500,000 $1,800,000,000 $1,600,000,000 $2,000,000 $1,400,000,000 $1,200,000,000 $1,500,000 $1,000,000,000 $800,000,000 $1,000,000 $600,000,000 $400,000,000 $500,000 $200,000,000 $- $- Mill Rate Vs. Target – Per $1,000 $1.60 $1.40 $1.20 $1.00 Mill Rate $0.80 Target $0.60 $0.40 $0.20 $- 2008-20092009-20102010-20112011-20122012-20132013-2014

ACT 32 – ENERGY AND OPERATIONAL SAVINGS • Act 28 was introduced by Governor Doyle in 2009 as an override to the tax levy for certain energy efficiency initiatives that would be completed during the fiscal year. Governor Walker expanded the provision in 2011 to include projects that would reduce or • eliminate operating costs along with energy efficient initiatives. Bonds could also be sold to levy the costs over a period of up to 20 years. The legislation became Act 32 • Act 32 also called for Performance Contracts, guaranteeing both the project cost and future energy and operational savings. Common uses have been technological upgrades, HVAC upgrades, roof systems, building • envelopes, lighting, and water conservation. • RFQs were sent out to about a dozen Energy Service Companies. School Board members and Administration interviewed the two responders and chose McKinstry. The Spooner Area School District Board of Education looked at many projects that were • recommended by McKinstry and after rejecting ones with a longer payback period decided on technological upgrades, including iPads, and building envelopes at the elementary and middle schools.

Highlights Spooner Area School District Act 32 The $737,502 is a one-year Revenue • Initiatives Limit override. Board Motion iPads have been distributed, one-to- • High School Building Envelope $ - one, in grades 3-4 and 7-8. Grades Middle School Building Envelope $ 32,255.00 K-2 will be assigned about 5 per Elementary School Building Envelope $ 34,110.00 classroom. High School Controls and Commissioning $ - A virtual desktop has been added • IT VDI and Wireless Upgrade $ 464,137.00 which will allow students to sign into One-to-One Step One - 400 iPads $ 207,000.00 their account from anywhere, with One-to-One Step Two - 300 iPads $ - any device. IT Subtotal $ 671,137.00 We will also be able to replace • Grand Total $ 737,502.00 desktop computers with cheaper Property Tax Effect per $100,000 $ 47.88 devices. Actual 12/13 Mill Rate per $1,000 $ 8.54 The building envelop work has been • Proposed Mill Rate (Based on 12/13) $ 9.02 done at both the elementary and CESA 11 Rank Before (Based on 12/13) of 39 37 middle schools. CESA 11 Rank After (Based on 12/13) of 39 36

NEW PROGRAMS AT SASD • 4-Year Old Kindergarten 41 Students Enrolled. • • Each 4K student counts as a 60% FTE; 41*.60= 25 FTE. The effect of the three-year rolling average: 25/3=8; 8 FTE on the Revenue Limit. • • Each FTE gives SASD $9,125 for 13-14; 8*$9,125=$73,000 in Revenue Limit. $40,000 budgeted for transportation. • • 41 Students @ $2,500 paid out to providers: $102,500. 4K will have an initial year loss of $69,500. • • 2014-2015 Revenues: $155,125; Expenses: $142,500; Profit: $12,625. 2015-2016 forward Revenues: $228,125; Expenses: $142,500; Profit: $85,625. •

NEW PROGRAMS AT SASD • SAVE Academy SASD pays the SAVE Academy 100% of the Open Enrollment rate for 13-14. • 30 Students Enrolled. • • 10 Open Enrollments In: $6,485*10=$64,850 • 11 New Enrollees from our District boundaries: 11/3=4; 4*$9,125=$36,500 • 7 had been Open Enrollment Out: $6,485*7=$45,395 2 enrolled from Spooner Elementary: Revenue Neutral • Total Additional Revenues: $146,745 • • Payment to SAVE Academy: $194,550 • Net Loss for 2013-2014: $47,805 2014-2015 Revenues: $183,245; Expenses: $175,095; Profit: $8,150 • 2015-2016 and beyond Revenues: $219,745; Expenses: $155,640; Profit: $64,105 •

$1,181,741 $1,105,895 $1,200,000 Grant History $100,000 $200,000 $931,783 $1,000,000 $803,365 $760,670 $743,203 $744,956 $800,000 $478,748 $475,000 $650,780 $$650,78 $459,630 21st Century SAGE $419,736 $600,000 $357,558 $373,828 $359,542 Title IA $275,285 Title IIA $400,000 $379,069 $434,546 $418,434 $273,937 $284,364 $282,347 $280,254 $277,494 $200,000 $101,558 $103,034 $104,495 $103,407 $106,135 $93,084 $92,601 $88,307 $- 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014

13 2012-2013 MILL RATE SURVEY CESA #11 DISTRICTS SUMMARY $100,000 $100,000 District Mill Rate Variance District Mill Rate Variance 1 Elmwood 15.85 $731 CESA 11 Average 10.80 $226 2 Pepin Area 14.63 $609 30 Durand 10.07 $153 3 Barron Area 13.27 $473 31 Cameron 9.97 $143 4 New Richmond 12.65 $411 32 Luck 9.82 $128 5 Boyceville Community 12.45 $391 33 Rice Lake Area 9.73 $119 34 Hudson 9.52 $98 6 Somerset 12.28 $374 35 Glenwood City 9.40 $86 7 Plum City 12.19 $365 36 Colfax 8.78 $24 8 Prairie Farm 12.02 $348 37 Spooner 8.54 $0 9 Saint Croix Central 11.91 $337 38 Birchwood 6.11 -$243 10 Spring Valley 11.61 $307 39 Webster 6.00 -$254 District Mill Rate History 2012-2012 2012-2013 2013-2014 Mill Rate 8.3872 8.5450 9.4125* Percentage Increase/Decrease 6.11% 1.88% 10.15%* *The above mill rate and % increase is based on a flat property value.