Unionville-Chadds Ford School District 2018-19 Proposed Final - PowerPoint PPT Presentation

Unionville-Chadds Ford School District 2018-19 Proposed Final General Fund Budget General Fund Budget May 7, 2018 Budget Hearing John C. Sanville, Ed.D Superintendent Robert W. Cochran, CPA Joseph L. Deady Dir. of Business & Operations Supervisor of Accounting

2018-19 Budget Focus • Fully Funds Current Program • Continues Technology Initiative at UHS • Provides Financing for Continuation of • Provides Financing for Continuation of 10-Year Capital Plan • Invests in Student Wellness • Good Stewardship of Taxpayers’ Investment Link

Budget Overview Total Revenues $87,093,540 2.57% Total Expenditures 87,103,529 2.56% Operating Surplus/(Deficit) (9,989) Beginning Uncommitted FB Beginning Uncommitted FB 8,673,564 8,673,564 Estimate Estimate Ending Uncommitted FB 8,663,575 Ending Assigned FB 3,380,357 Ending Unassigned FB $ 5,283,218 6.07% Chester/Delaware Millage 28.51 25.15 Chester/Delaware % Change (1.56% average) 0.35% 6.43%

Allocation of Tax Burden Determined by Section 672.1(a)(1) of the Public • School Code: “…taxes levied…in each county shall be subject to – …the ratio which such total taxes bears to the most recent valuation of the same properties by the State recent valuation of the same properties by the State Tax Equalization Board (STEB)…” First determine the total tax levy necessary to • finance the budgeted program, less other revenues sources. Divide the tax levy based on respective county • market values as determined by STEB

Calculation for 2018-19

Allocation of Tax Burden First we determine the size of the bucket needed based on contracts, programs, etc. and how full we want that bucket to be. This represents our expenditures plan for the coming fiscal year.

Determining Current Real Estate Taxes Required Now we compare all other revenues (Federal, State and other local revenue) to the volume needed in the expenditures bucket to determine the current real estate taxes required. estate taxes required. Current Real Estate Taxes Required Expenditures Other Revenues

Splitting Between Counties Section 672.1(a)(1) of the Public School Code proscribes how the tax burden is shared in multiple county school districts. Pennsylvania Department of Community & Economic Development’s State Tax Equalization Board (STEB) determines the market value, by township, of taxable properties in the School District, which is used to determine tax revenue required School District, which is used to determine tax revenue required from each County (Chester vs. Delaware). Delaware County Current Real 19.944% Estate Taxes Required Chester County 80.056%

Expenditure Changes ( B u d g e t - t o - B u d g e t ) Salaries & Wages $ 876,339 Benefits 658,731 Building Allocations 2,644 Technology 633,000 Special Education Special Education (421,300) (421,300) Fuels & Utilities (142,000) Debt Service 678,602 Occ Ed, IU & Other Education (Charters) (99,494) Budgetary Reserve (48,424) Other Areas 39,441 Net Change $ 2,177,539

Expenditure Summary Personnel Costs • Central Salaries & Benefits are – 72.95% of total costs Add another 0.84% included in – 72.95% other Categories for a total of 73.79% PSERS increase remains the – fastest area of growth fastest area of growth Medical costs have leveled while – Rx are rising double digit Debt Service (gross) • Increased by $700k for – additional debt to service 10 year capital plan 9.65% Curriculum/Technology • UHS Technology Integration – continues Sal & Ben Debt Serv Spec Ed Build Alloc Upgrade to network systems in – B&G, Trans & Fuels Curr/T ech/Pupl need of replacement Occ Ed/Charter Budg Resrv Other

Central Salaries Education is labor intensive: 78.45% is direct educational • delivery & student services 12.65% “Support” includes Pupil ‒ 65.80% Personnel, Psychologists, Guidance, So cial Workers, Libraries, Curriculum & Nurses & Technology Nurses & Technology 7.14% Administration • Superintendent’s Office, Principals’ ‒ 0.76% Offices, Business Office & Communications 10.96% Buildings & Grounds & 2.68% • 12.65% Transportation Services 2.68% Other • 7.14% 10.96% Supplementals, Coaches & ‒ Direct Instruction Clsrm Support Crossing Guards Administration B&G & Tran 0.76% New Positions • Other New Positions

Salary History • Administration freezes $40 2010-11 – $35 2011-12 – $30 • Teacher freezes Millions $25 2010-11 – 2013-14 $20 2013-14 – – • Support staff freezes $15 2011-12 – $10 2012-13 – $5 • New staffing positions $0 UHS Autistic Support ‒ Teacher Direct Instruction Clsrm Support Additional Supplementals Administration B&G & Tran ‒ Other New

Salary/Wage Increases 6.00% 5.00% 4.00% 3.00% 3.00% 2.00% 1.00% 0.00% 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 Teachers Support Administration

Staffing Complements

Enrollment History Projection 4,000 4,085 4,047 4,021 4,018 4,000 3,971 3,962 3,957 3,938 3,906 3,750 3,500 3,250 3,250 3,000 2,750 2,500 2,250 2,000

Benefits History Medical/Prescription • $25 Medical plan rate unchanged – Prescription rates increased – $20 11.53% Healthcare Trust Fund – $15 44.65 % of projected medical and Millions Millions • prescription gross premium Aggregate stop-loss attachment Aggregate stop-loss attachment • • $10 point is 125% for medical and prescription gross premium PSERS • $5 33.43% vs. 32.57% of payroll – Exceeds 50% of total benefits – $0 costs Projected to peak in 2022-23 – at 36.32% of payroll FICA Med/Rx/Dent Health Fund PSERS Tuition Other New (net)

PSERS Contribution Rates 40% 35% 30% 25% 20% 20% 15% 10% 5% 0% 2011 Projections 2012 Projections 2013 Projections 2014 Projections 2015 Projections 2016 Projections 2017 Projection History Employee

Monthly Medical Premiums $1,000 $1,000 $1,200 $1,400 $1,600 $200 $400 $600 $800 Family Coverage - Gross $0 1999- 00 2000- 01 2001- 02 2002- 03 2003- 04 2004- 05 2005- 06 2006- 07 2007- 08 2008- 09 2009- 10 2010- 11 2011- 12 2012- 13 2013- 14 2014- 15 2015- 16 2016- 17 2017- 18 2018- 19 -15% -10% -5% 0% 5% 10% 15% 20% 25% 30% Annual Percent Increase Annual Percent Increase

$120 $180 $240 $300 $360 $60 $0 Family Coverage - Gross 1999-00 Monthly Rx Premiums 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 -30% -20% -10% 0% 10% 20% 20% 30% 40% 50% Annual Percent Increase

Debt Service $8 $7 $6 Millions Millions $5 $4 $3 $2 $1 $0 Series of 2009 Series of 2010AA Series of 2015 Series of 2016 New Issue

Special Education Costs by Funding Source $13 $12 $11 $10 2018-19 $9 $13,140,805 1999-00 $8 $2,683,624 Millions Millions $7 $6 $5 $4 $3 $2 $1 $0 Federal (IDEA, ACCESS & ARRA) State Funded Local Funded

Determining Current Real Estate Taxes Required Now we compare all other revenues (Federal, State and other local revenue) to the volume needed in the expenditures bucket to determine the current real estate taxes required. estate taxes required. Current Real Estate Taxes Required Expenditures Other Revenues

Revenue Summary • Local Revenues – $71,329,518 – 81.90% of total Real Estate 76.02% – Includes the effect of estimated State Property Tax Reduction Reduction • State Revenues – $15,587,585 Other – 17.90% of total Local 5.88% – Includes Governor’s proposed 2018-19 funding levels Federal & Other • Federal & Other Revenues State 0.20% 17.90% – $176,437 – 0.20% of total

Other Local Revenue Trend • Delinquent Taxes have $3.5 been lower as less is $3.0 liened each year $2.5 • Transfer & Interim Millions Millions Taxes are volatile and $2.0 Taxes are volatile and very dependent upon $1.5 the economy $1.0 Transfer based on sales • $0.5 Interims based on new • construction and additions $0.0 • 2018-19 budget consistent with past Delinquent Taxes Transfer Taxes Interim Taxes

State Funding • State funding is neither reliable nor adequate. • Allocation of new state funds among the 500 school districts and other education agencies school districts and other education agencies is usually fraught with political deal making in Harrisburg. • The Governor’s proposed budget for 2018-19 includes an additional $36,000 over estimated 2017-18 funding for UCFSD.

State Budget Impact 2017-18 2018-19 Favorable/ Estimated Governor’s (Unfavorable) State Funding Proposal Basic Education Funding (BEF) $3,273,135 $3,298,523 $ 25,388 Special Education Funding (SEF) 1,647,979 1,658,539 10,560 Block Grant Funding (RTL) 127,325 127,325 0 Total Revenues Total Revenues 35,948 35,948 Budgetary Reserve for State Budget Uncertainty ( 35,948) Net Impact to UCFSD Budget $ 0 These amounts, proposed in Governor Wolfe’s 2018-19 budget in February, provide modest increases in Basic Education and Special Education funding.