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Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
Tentative budget presentation 040313 02
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Tentative budget presentation 040313 02

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  • 1. 2013-2014 Tentative Budget April 3, 2013 Board Work Session Page 1 of 24
  • 2. STentative Budget-At a Glance Major Expenditure Increases Compensation Employee School-Based & PERS Teacher School Buses Staffing Elementary Assistant Principals Academic Initiatives CIP/Other Staffing Technology for Schools Page 2 of 24
  • 3. S1. State Funding Basic Guaranteed Support - Distributive School Account (DSA) + $56.4 Including a total of $85 million in required million*$5,500 transfers from CCSD’s capital funds between $5,445 2010 and 2013 $5,257 $5,135$5,000 $5,036 $4,958 $4,962 $4,891$4,500 $4,489$4,000 2007 2008 2009 2010 2011 2012 2013 2014 Estimated * Estimated based on Governor’s proposed 2014-2015 budget Page 3 of 24
  • 4. 2. Property Tax Revenues Preliminary Estimate ($ millions)$600$525$450 + $1.8 million$375$300 2007 2008 2009 2010 2011 2012 2013 2014 Page 4 of 24
  • 5. 3. Student Enrollment315,000 + $8.1 million 312,782 estimated 311,221 311,220310,000 309,899 309,442 308,745 308,377305,000 302,547300,000 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Page 5 of 24
  • 6. 4. Transfers from Capital Funds Legislatively mandated transfers from the District’s Capital Funds to the General Operating Fund have totaled $85 million over the past 4 years 2009-2010 $10 million 2010-2011 $35 million 2011-2012 $20 million 2012-2013 $20 million 2013-2014 $0 Page 6 of 24
  • 7. 5. Ending Fund Balance ($ millions)$200$150$100 $50 2% 2% 2% 2% 1.25% 1% 1% 1% $0 2007 2008 2009 2010 2011 2012 2013 2014 Exception to Board Policy of 2% Unassigned Page 7 of 24
  • 8. 6. Medium-term Financing Purpose & Alternatives $34 million in financing, to be repaid over 10 years from the General Fund Replacement Buses (107) for typical operating $15 million Additional Buses (65) expenditures. At current $9 million market rates, the annual interest rate is estimated to be 2%. Alternatives Replacement Computers (Schools) Leasing 9% est. interest $10 million Purchase $34 million (Gen. Fund) Page 8 of 24
  • 9. 6. Medium-term Financing Bus Purchases Replacement Buses - $15 million107 buses at or exceeding 14 years of age200 According to the Yellow School Bus Book, the market value of a 14 year old school bus is approximately $6,600. 169150 The costs associated with maintaining a bus: 119 121 $15,000 to replace an engine100 107 $3,900 to replace a transmission + 83 Vehicle maintenance man-hour costs 50 51 0 2013 2014 2015 2016 2017 2018 Alternative: Incur Significant Maintenance Costs Page 9 of 24
  • 10. 6. Medium-term Financing Bus Purchases Factors for student eligibility for Transportation services General Education Student: • Zoning • Resides outside of two-mile radius Special Education Student: • Identification of student needs • Location of student and available program • Placement of student into specific school and program Alternative: Reduce Service Levels By increasing the transportation radius selectively, reducing certain select school transportation, or scaling back activity/athletic bus service Page 10 of 24
  • 11. 6. Medium-term Financing Bus Purchases Additional Buses - $9 million 65 buses to accommodate growth SPED Routes Regular Routes Sports/Extra Over the past two years, the number of special education students 634 609 609 receiving transportation 601 584 has increased by 11.3%. 549 534 473 From 2010 through next year, the number of regular routes will have remained flat. 165 141 136 121 2011 2012 2013 2014 Projected Page 11 of 24
  • 12. 6. Medium-term Financing Replacement Computers Replacement Computers - $10 million in classrooms and other school-level functions Replacement Cycle Industry standard is every 3 years CCSD target is every 5 years (coinciding with purchase of 5-year warranties) Currently 1/3 of CCSD’s computers are over 5 years old Alternative: Defer Replacement Resulting increase in maintenance costs and/or obsolescence Greater risk of computers not being available for required instructional activities Page 12 of 24
  • 13. 7. Employee Compensation & PERS Retirement (PERS) + 2% Increasing from 23.75% to 25.75% (39.75% to 40.5% for Police) $23.9 million total cost 1% paid by CCSD & 1% paid by employee via salary reduction, pursuant to NRS 286 Salaries & Benefits 89% Other Employee Compensation 11% Salary Step Increases and Educational Increments are subject to bargaining Page 13 of 24
  • 14. 8. School-Based Staffing Class Size Ratio Reduction $60 million to fund 793 additional teacher positions at schools which will allow staffing schools at 95% of enrollment (up from 93% this year) Grade Levels Class Size Ratios 1-2 3 4-5 6-12 40 38 35 35 34 33 33 33 30 32 31 31 31 31 30 25 20 21 21 21 21 19 19 18 18 18 18 15 16 16 10 5 0 FY09 FY10 FY11 FY12 FY13 FY14 97% 97% 97% 93% 95% 9 Page 14 of 24
  • 15. 9. School-Based Staffing Elementary Assistant Principals $1.8 million to fund 17 additional elementary assistant principals which will provide every school with over 600 students an assistant principal (down from 650 this year) Prior to the 2009-2010 school year, all elementary schools had an assistant principal, with the exception of 10 schools. Due to budget reductions, the ratio for an elementary school to receive an assistant principal was changed to 650 students, beginning with the 2010-2011 school year. An academic initiative has been proposed to bring the ratio back down to 500 students over the next three years, with an approximate cost of $2 million per year. Page 15 of 24
  • 16. 10. School-Based Academic Initiatives The 2013-2014 Tentative Budget includes funding in support of academic initiatives, including: • Discovery Assessments • Kindergarten Assessments • Credit retrieval programs at middle schools and high schools • Various summer programs Page 16 of 24
  • 17. 11. Special Education Staffing $9.4 million to fund 94.5 licensed staff and 45 transportation support positions due to continued growth in the number of students qualifying for special education services Page 17 of 24
  • 18. 12. Capital Program (CIP) Staffing 500 511.16 510.16 482.75 488.35 443.15 400 300 235 200 154 100 120 124 QSCB’s 58 0 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY14 ramp-down Positions transferred to General Fund 16 Positions eliminated 50 Total positions eliminated (Capital Fund) 66 Page 18 of 24
  • 19. 13. Sequestration Federal Budget Cuts Sequestration is expected to reduce Federal education funds by an estimated 8.2%. The expected loss to the District is approximately $14.2 million. Some of the notable grants affected include: • Title I, II, III • Individuals with Disabilities Education Act (IDEA) • 21st Century Grant • Striving Readers Grant • School Improvement Grant (SIG) Page 19 of 24
  • 20. Budget SummaryGeneral Operating FundTotal Resources $2,177,000,000Including $34,000,000 in proceeds from medium-term financing$99,000,000 more than 2013 -Total Expenditures & Transfers $2,141,434,000$94,435,000 more than 2013 =Ending Fund Balance $35,565,000 200 150 100Assuming Waiver of 2 percent Board PolicyIncluding 50 0Fourth consecutive year of decreasing fund balance* 2007 2008 2009 2010 2011 2012 2013 2014 1.25% unassigned* Requires written notification to state Department of Taxation Page 20 of 24
  • 21. Open BookVersion 2.0Details of the Tentative Budget can be found online at: www.ccsd.net/openbook. Page 21 of 24
  • 22. Open BookVersion 2.0 Page 22 of 24
  • 23. TimelineBudget Initiatives Tentative Budget Final BudgetSubmitted Adoption Adoption Fiscal YearBy Division & April 3 May 15 BeginsDepartment Leaders Board Work Session Board Work Session July 1 January February March April May June July Budget Initiatives Tentative Budget Final Budget Prioritized Submission Submission By the Superintendent Required by April 15 Required by June 8 & Executive Team To State Department To State Department of Taxation of Taxation Page 23 of 24
  • 24. Questions? Page 24 of 24

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