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Welcome Challenge Inspire Support Inspire Challenge Empower 2010-11 Budget Hearing Budget Hearing Agenda School Finance / Budgeting Overview Overview of 2010-11 Preliminary Budget What will this mean

  1. Welcome Challenge Inspire Support

  2. Inspire Challenge Empower 2010-11 Budget Hearing

  3. Budget Hearing Agenda  School Finance / Budgeting Overview  Overview of 2010-11 Preliminary Budget  What will this mean for the school district tax payers?  Questions regarding preliminary budget and tax levy?

  4. “Shift” Continues to Occur Our District’s budget continues to be impacted by a number of recent “shifts”:  A continuation of the shift in school district revenue sources from the state to local property taxpayers  A significant shift from last year’s enrollment decline  Shifts in property values and resulting apportionment of the school tax levy and mill (tax) rate

  5. Revenue Limit Explanation The revenue limit:  is the maximum amount that a school district may raise per student through general state aid (equalization and special adjustment) and the property tax levy The revenue limit is determined using:  district’s prior year revenue  student enrollment averaged over a period of three school years  a per-student increase set by the Legislature  there are several exceptions to the revenue limit

  6. 2010-11 Preliminary Budget Revenue Limit Overview Student Enrollment:  2010-11 Preliminary Budget based on no increase in enrollment (the school district experienced a decrease of 79 resident students in the 2009-10 school year)  Unofficial enrollment numbers (as of September 13) reflect a 205 increase in K-12 resident student enrollment from 2009-10 (includes 21 st Century eSchool) Per Student Increase:  Increase of $200 per student for 2009-10 (1.95% increase) and 2010-11 (1.91% increase)  2008-09 increase was $275 per student  The $200 per student increase is the same as allowed in the 1995-96 school year

  7. K-12 Student Enrollment (District Residents - does not include open enrollment students) 6000 5900 5800 5700 5600 5500 5400 5300 5200 5100 5000 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 Projected (for budget Unofficial Count (as of Sept 13, 2010) - development purposes) includes 21 st Century eSchool

  8. 2010-11 Preliminary Budget Revenue Limit Overview Student Enrollment:  2010-11 Preliminary Budget based on no increase in enrollment (the school district experienced a decrease of 79 resident students in the 2009-10 school year)  Unofficial enrollment numbers (as of September 13) reflect a 205 increase in K-12 resident student enrollment from 2009-10 (includes 21 st Century eSchool) Per Student Increase:  Increase of $200 per student for 2009-10 (1.95% increase) and 2010-11 (1.91% increase)  2008-09 increase was $275 per student  The $200 per student increase is the same as allowed in the 1995-96 school year

  9. Revenue Limit Increases Per Member % Revenue Limit % Increase Year Increase Increase 1 Increase 2004-05 $241.01 2.73% $2,709,467 5.77% 2005-06 $248.48 2.73% $2,630,740 5.30% 2006-07 $256.93 2.74% $2,193,590 4.20% 2007-08 $264.12 2.73% $2,096,127 3.85% 2008-09 $274.68 2.76% $2,582,533 4.57% 2009-10 $200.00 1.95% $1,810,781 3.06% $1,626,278 2 2.68% 2 2010-11 $200.00 1.91% 1 Increase from prior year revenue limit base per member 2 Estimated

  10. State Equalization Aid Explanation What is State “Equalization” Aid? Equalization aid is education revenue that comes directly from the state to support the operations of public school districts. The State Aid system’s design and intent:  to “ level the playing field ” or equalize the amount of school property taxes paid by residents throughout Wisconsin  more property wealth = less state aid  less property wealth = more state aid

  11. State Equalization Aid Explanation How is the amount of aid for each district determined? By using the “ equalization aid formula .” How much equalization aid does our district receive? Our district’s high property value per student means a lower state share of funding (MCPASD’s share of state equalization aid per student is less than one-half of the state average).

  12. Property Value Per Student Dane County School Districts (2008-09 Fiscal Year Data) $1,000,000 $923,408 $900,000 $800,000 $700,000 $563,396 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 $0 Sun Prairie Verona Area Dane County Avg Waunakee State Avg Marshall Cambridge Oregon Belleville Madison De Forest McFarland Middleton-CP Wisconsin Heights Stoughton Deerfield Mount Horeb Monona Grove Source: Wisconsin Department of Public Instruction Data Warehouse

  13. Equalization Aid Per Student Dane County School Districts (2008-09 Fiscal Year Data) $8,000 $7,000 $5,333 $6,000 $5,000 $4,000 $2,129 $3,000 $2,000 $1,000 $0 e l d e g n t n l e a e l d n s P a b s i l l v g e o e e r g o e i n o t h e e C A v i v v g k r d h s i a a r t r s f A A o e e a h i - o g o r i r l d n e r n r r l r r P e g H F i a y b G a o l O a t a e u e e a u M F t m M n H t e n t a n B D t o e a n c S o D W u u a t l n n d u M S r C o S o e i o d s C n V M i n M o e o M n c a s D i W Source: Wisconsin Department of Public Instruction Data Warehouse

  14. State General Aid History 2005-06 through 2010-11 State General Aid $16,000,000 $14,000,000 $12,000,000 $10,000,000 $8,000,000 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 (Estimated) Property Tax Levy $58,000,000 $55,000,000 $52,000,000 $49,000,000 $46,000,000 $43,000,000 $40,000,000 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 (Estimated)

  15. Federal Education Jobs Fund: Dane County School District Allocations Belleville $219,601 Cambridge $269,301 Deerfield $172,481 De Forest $888,538 Madison $8,377,542 Marshall $175,315 McFarland $516,977 Middleton-Cross Plains $3,886 Monona Grove $854,183 Mount Horeb $558,371 Oregon $860,230 Stoughton $904,989 Sun Prairie $1,753,584 Verona $1,240,850 Waunakee $929,352 Wisconsin Heights $204,651

  16. 2010-11 Preliminary Budget by Fund Trust Funds 1.3M Food Service Fund Community Service $2.6M Funds $0.6M Capital Projects Funds Package & $2.5M Cooperative Funds $0.2M Debt Service Funds $5.0M Special Projects Fund $12.6M General Fund $65.1M (in millions)

  17. 2010-11 Revenue Budget (not including interfund transfers) Property Taxes 70.5% State General Aid 10.8% Other Revenue Sources 4.1% Federal Aid 3.5% Other State Aid 5.1% Other Local (Non-Property Tax) Revenue 6.0%

  18. 2010-11 General Fund Revenue Budget Property Taxes 79.4% State General Aid 13.6% Other Revenue Sources 0.4% Federal Aid 1.3% Other State Aid 1.8% Other Local (Non-Property Tax) Revenue 3.5%

  19. 2010-11 Revenue Budget Highlights  15.1% Estimated Reduction in State General Aid ($1.57 million)  Student Fee Increases ($99,000)  Textbook Fees  Athletic / Club Fees  High School Student Parking Fees  Open Enrollment Tuition

  20. State General Aid History 2005-06 through 2010-11 23.1%* 27.0%* 26.5%* 21.6%* 16.3%* 13.6%* 16,000,000 14,000,000 12,000,000 10,000,000 8,000,000 6,000,000 4,000,000 2,000,000 0 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 (Estimated) * State General Aid as a percentage of General Fund revenues (adjusted in FY 2005-06 and FY 2006-07 for revenue generated through sale of surplus property)

  21. 2010-11 Revenue Budget Highlights  15.1% Estimated Reduction in State General Aid ($1.57 million)  Student Fee Increases ($99,000)  Textbook Fees  Athletic / Club Fees  High School Student Parking Fees  Open Enrollment Tuition

  22. Non-Resident Open Enrollment Tuition Revenue 2010-11: $1,234,000 * $1,400,000  190 Students ($6,796) *  $1,200,000 2009-10: $651,331  104 Students ($6,498)  $1,000,000 2008-09: $554,375  $800,000 92 Students ($6,225)  2007-08: $521,655  $600,000 94 Students ($6,007)  2006-07: $318,895  $400,000 57 Students ($5,845)  $200,000 * Estimated (includes 21 st Century eSchool) $0 2006- 2007- 2008- 2009- 2010- 07 08 09 10 11*

  23. 2010-11 Expenditure Budget (not including interfund transfers) Salaries 52.4% Fringe Benefits 23.7% Debt Retirement 7.1% Purchased Services 8.5% Non-Capital Objects 4.3% Capital Objects 1.5% Other Objects 2.5% *Does not include inter-fund transfers

  24. General & Special Projects Funds 2010-11 Expenditure Budget (not including interfund transfers) Salaries 60.3% Fringe Benefits 27.3% Debt Retirement 1.1% Purchased Services 6.5% Non-Capital Objects 3.3% Capital Objects 1.2% Other Objects 0.3% *Does not include inter-fund transfers

  25. 2010-11 School Year Staffing Teachers 65.2% Para Educators 12.6% Other Employees 8.5% Admin Support/ Clerical 4.9% Custodians/ Maintenance 6.0% Administrators 2.8%

  26. 2010-11 Staffing Changes 2009-10 2010-11 • Support Staff 252.70 • Support Staff 256.77 • Certified Staff 537.62 1 • Certified Staff 544.60 Total FTE’s: Total FTE’s: 801.37 790.32 1 Change - 11.05 1 1 Does not include 3.6 FTE teacher positions added at Sauk Trail Elementary utilizing SAGE Grant funding (approval of SAGE funding was received after approval of the preliminary budget. NOTE: Positions expressed in full-time equivalent (FTE) units.

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