VBCPS Budget Presentation to City Council Dan Edwards, Chairman of Virginia Beach School Board Tuesday, April 23, 2013
Revenues FY 2012/13 FY 2013/14 Federal $ 17,141,085 $ 16,636,723 State 241,055,084 237,023,534 State Sales Tax 69,064,589 70,522,688 312,297,194 314,745,500 Formula Contributions (Local) 19,200,000 19,163,632 4 ¢ Real Estate Tax (Local) 9,200,000 - City Reserves (Local) Other Local 3,305,837 3,325,383 Revenue Total $ 671,263,789 $ 661,417,460 Additional Funds 11,000,000 14,000,000 Prior Year Reversion Sandbridge TIF 2,000,000 2,000,000 $ 13,000,000 $ 16,000,000 Total Revenue $ 684,263,789 $ 677,417,460 *FY 2012/13 numbers include Technology funds
All One-time Funds Used to Fund Operating Budget ( Numbers in Millions)
Examples of Budget Adjustments FY 2011/12 FY 2012/13 FY 2013/14 FTE Reduction -8 FTEs -63 FTEs -111 FTEs Pay Increase $ 2,320,968 +3.00% $14,400,000 +1.34% $ 6,432,000 +0.5% One-Time Bonus (cost to Op Budget) +2.5% 696,019 VRS Offset Phase-in -1.00% (4,800,000) -1.00% (4,800,000) Unified Scale Adjustment 2,359,000 Non-Personnel Line Item Adj. -3.00% (3,000,000) -2.00% (1,400,000) -5.00% (3,500,000) High School Schedule Redesign (1,100,000) Central Office Positions Reduction (302,000) Secondary Class-size Adj. (3,122,000) Enrollment Adj. (277,485) (2,180,000) (3,850,100)
Enrollment Decline Class Size Increase FTEs Cost FTEs Cost Total Elementary 31.5 $ 1,979,905 - $ - Total Middle 16 $ 1,150,272 17.4 $ 1,211,562 Total High 21.8 $ 1,545,964 26 $ 1,810,380 Total Division 69.3 $ 4,676,141 43.4 $ 3,021,942
Pay Raises in the Region 2011-2012 2012-2013 2013-2014 Total Raise % Offset % Employee Total Raise % Offset % Employee Total Raise % Offset % Employee Chesapeake 0.50% - 0.50% 3.35% 3% 0.35% 5.10% 2% 3.10% Norfolk 0% - 0% 7% 5% 2% 2% 0% 2% Portsmouth 0% - 0% 8% 5.38% 2.62% 2% 0% 2% Suffolk 0% - 0% 2.50% 1% 1.50% 3% 1% 2% Virginia Beach 0.50% - 0.50% 3% 1% 2% 1.34% 1% 0.34%
Norfolk’s Solution
The 2 % • Moral imperative to access the state funds – while important for our employees & needed to remain competitive, it is necessary for our taxpayers. Over time VB schools will find it necessary to remain competitive and, if the pay raise to match our neighbors is not done this year, it most assuredly will be done in the future but with 100% local funds, permanently foregoing the $3.8 million on the table in Richmond. Need to find the $3.1 million local match !
Compensation Support for 2% Salary Increase State Compensation Support 40% $9.6 6 M Cost of 2% salary increase Local Support 60%
Approved by School Board on 3/5/13 Uses of Available State Funds Salary Adjustments % $ Compensation Increase (all employees) 1.34% 6,432,000 Additional 1.66% increase 1.66% 7,935,336 1.00% (4,800,000) VRS Offset (equals a total of 3%) Unified Scale Market Adjustments 2,359,135
Operating Budget Expenditures SB Proposed Impact of Using Available State Funds FY 2011/12 FY 2012/13 FY 2013/14 $ 659,454,141 $ 684,263,789 $ 677,417,460 $ 677,417,460 Current Expenditure Additional 1.66% 7,935,336 Alternative Expenditure $ 685,352,796
Revenues FY 2012/13 FY 2013/14 Impact of Using Available State Funds Federal $ 17,141,085 $ 16,636,723 $ - $ 16,636,723 State 241,055,084 237,023,534 3,843,201 240,866,735 State Sales Tax 69,064,589 70,522,688 - 70,522,688 Formula Contributions (Local) 312,297,194 314,745,500 988,533 315,734,033 4 ¢ Real Estate Tax (Local) 19,200,000 19,163,632 - 19,163,632 9,200,000 - - - City Reserves (Local) Other Local 3,305,837 3,325,383 - 3,325,383 Revenue Total $ 671,263,789 $ 661,417,460 $ 4,831,734 $ 666,249,194 Additional Funds 11,000,000 14,000,000 - 14,000,000 Prior Year Reversion Sandbridge TIF 2,000,000 2,000,000 1,591,000 3,591,000 $ 13,000,000 $ 16,000,000 $ 1,591,000 $ 17,591,000 Total Revenue $ 684,263,789 $ 677,417,460 $ 6,422,734 $ 683,840,194 *FY 2012/13 numbers include Technology funds
Remaining Shortfall Revenue $ 683,840,194 Expenses 685,352,796 Additional Funds Needed $ (1,512,602)
CIP Revenue Virginia Beach City Public Schools Capital Improvement Program 2013-14/2018-19 Revenue Summary ( rev. 4/18/13) Funding Sources 2013/14 2014/15 2015/16 2016/17 2017/18 2018/19 Charter Bonds $ 28,800,000 $ 32,300,000 $ 32,300,000 $ 32,300,000 $ 32,300,000 $ 32,300,000 Sandbridge $ - $ 1,591,000 $ 2,591,000 $ 2,591,000 $ 3,591,000 $ 3,591,000 Public Facility Revenue Bonds $ 6,000,000 $ - $ - $ - $ - $ - PayGo $ - $ - $ 1,000,000 $ 1,000,000 $ 1,500,000 $ 2,000,000 State Construction Grants $ - $ - $ - $ - $ - $ - Lottery Funds $ - $ - $ - $ - $ - $ - Total $ 34,800,000 $ 33,891,000 $ 35,891,000 $ 35,891,000 $ 37,391,000 $ 37,891,000
CIP Projects Capital Improvement Program FY 2013-14 / FY 2018-19 Project Summary (rev. 4/18/13) Total Project Six Year Appropriations Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Project Category Cost Appropriations to Date 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 1-001 Renovations and Replacements - Energy Management 16,076,286 16,076,286 10,201,286 500,000 750,000 800,000 1,325,000 1,000,000 1,500,000 1-035 John B. Dey Elementary School Modernization 21,789,241 21,789,241 0 0 0 6,887,000 14,502,241 400,000 0 1-043 Thoroughgood Elementary School Replacement 28,270,000 22,438,759 0 0 0 0 4,438,759 10,000,000 8,000,000 1-056 Princess Anne Middle School Replacement 81,000,000 20,716,000 0 0 0 0 3,000,000 8,500,000 9,216,000 1-099 Renovations and Replacements - Grounds - Phase II 11,850,000 11,850,000 5,750,000 750,000 800,000 800,000 1,175,000 1,250,000 1,325,000 49,627,702 49,627,702 23,243,702 1,409,000 4,000,000 3,300,000 5,625,000 5,700,000 6,350,000 1-103 Renovations and Replacements - HVAC - Phase II 1-104 Renovations and Replacements - Reroofing - Phase II 39,985,639 39,985,639 19,938,339 1,213,300 3,400,000 3,009,000 3,975,000 4,000,000 4,450,000 1-105 Renovations and Replacements - Various - Phase II 16,710,000 16,710,000 7,760,000 1,100,000 1,250,000 1,350,000 1,650,000 1,750,000 1,850,000 1-106 Kellam High School Replacement 102,000,000 102,000,000 78,287,300 23,712,700 0 0 0 0 0 1-107 Princess Anne High School Replacement 105,000,000 9,591,000 0 0 0 0 0 4,591,000 5,000,000 14,149,705 14,149,705 11,649,705 2,500,000 0 0 0 0 0 1-109 Energy Performance Contracts 1-195 Student Data Management System 12,187,001 12,187,001 12,187,001 0 0 0 0 0 0 1-196 Instructional Technology 25,407,930 25,407,930 25,407,930 0 0 0 0 0 0 1-232 Tennis Court Renovations 3,990,000 3,990,000 2,690,000 300,000 200,000 200,000 200,000 200,000 200,000 1-233 Old Donation Center/Kemps Landing Magnet 63,360,000 63,951,000 17,600,000 3,315,000 23,491,000 19,545,000 0 0 0 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Total Appropriations 2013-2014 2014-2015 2015-2016 2016-2017 2017-2018 2018-2019 GRAND TOTAL (all projects) 591,403,504 430,470,263 214,715,263 34,800,000 33,891,000 35,891,000 35,891,000 37,391,000 37,891,000 TARGETS 215,755,000 34,800,000 33,891,000 35,891,000 35,891,000 37,391,000 37,891,000 DIFFERENCE 0 0 0 0 0 0 0 Note: The impact of reducing the Sandbridge TIF by another $1,591,000 is shown in the highlighted areas. Some HVAC Phase II projects will be delayed for a year and the Old Donation/Kemps Landing Magnet will have less progress made in FY 2013/14. However, this will be made up in the last two years of the project.
Update on Initiatives: • Green Run Collegiate • Achievable Dream
Questions ?
Department of Public Libraries Budget Workshop April 23, 2013 Martha J. Sims, Director
Department of Public Libraries Operating Budget Change FY 13 FY 12-13 FY 12- FY 13-14 FY 13-14 Program Unit Amended to FY 14 Adjusted 13 FTE Proposed FTE Proposed MEO Central $2,814,056 52.5 $2,714,749 49.5 ($99,307) -3.53% Library Joint Use Library $1,532,366 49.5 $1,767,665 42 $235,299 15.36% 7 Area Libraries $5,442,580 105 $5,409,486 106 ($33,094) -0.61% Public Law Library $284,450 2.5 $292,450 2.5 $8,000 2.81% Youth & Family $750,759 12 $1,002,592 16 $251,833 33.54% Services (ELO) Administration & $1,803,826 20 $1,856,165 20 $52,339 2.90% Records Mgmt. Materials Mgmt. & Technology $5,034,298 24 $4,827,761 24 ($206,537) -4.10% Services Total $17,662,335 265.5 $17,870,868 260 $208,533 1.18%
FY 2013-2014 Budget $292,450 $750,502 2% 4% Budget by Fund $16,827,916 94% $2,221,416 $292,450 $13,621,601 12.4% 1.7% 76.2% General Fund Support Law Library Departmental Revenue Budget by Expense Category $1,735,401 9.7% Personnel Operations Books & Materials Law Library
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