Things you might want to know about education finance in ccsd

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Presentation to community regarding education funding in Clark County Nevada

Presentation to community regarding education funding in Clark County Nevada

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  • Total DSA = $1,596,680,000\nTotal Property Tax = $429,980,000 (down from $592 million in 2009)\nTotal LSST = $726,180,000\nNet State Funding =$726,180,000\n
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Transcript

  • 1. Ten Things You Might Want to Know About School Finance in Clark County
  • 2. State Funding is ComplicatedDistributive School Account (DSA) Property Taxes Local School Support Tax (LSST) Weighted Enrollment Rate ($0.75) Rate (2.60¢) x x x DSA Per Student Abated Property Value Retail Sales + = = Other State Funding Total Property Tax Total LSST = x Total DSA Funding 1/3 = The ‘Guarantee’ - 1/3 Property Tax - 100% LSST1 = Net State Funding
  • 3. State Funding is Simple Weighted Enrollment x DSA Per Student $5,136 + A Few Other Things Including Special Education - Local Revenue Including District Capital $ = Net State Funding2
  • 4. State Funding is ‘Guaranteed’3
  • 5. State Funding is ‘Guaranteed’ Local Revenue Sales Tax & 1/3 of Distributive Property Tax School Account3 State Funding
  • 6. State Funding is ‘Guaranteed’3
  • 7. State Funding is ‘Guaranteed’ State Funding Sales Tax Distributive & School 1/3 of Account Property Tax3 Local Revenue
  • 8. We Got More Money...or Did Not? Distributive School Account (DSA) Funding Per Student $5,200 $5,180 As adopted $5,150 $5,136 by 2009 Legislature $44 less per $5,100 student than $5,050 originally $5,035 appropriate As revised in d for 2011 $5,000 2010 Special Session 4 $4,950 2011 Original 2011 Amended 2012
  • 9. Education is a People Business But We Do Buy a Few Things($ in millions)Electricity, Gas, and Utilities 83.5Fuel & Vehicle Maintenance 13.8 PeopleTextbooks/Supplies 55.6Property & Liability Insurance Classroom Equipment 5.0 5.8 Things 11%Technical Services Field Trips Postage 16.3 4.7 2.1 89%Repairs and Maintenance 4.55 FY 2012 General Operating Budget: Amended Final
  • 10. Many People Are in Schools Positions Things People School-Based Transportation 22,518 1,200 91.7% 4.9% 11% 89% Central Office 833 3.4% Total 24,551 100.0%6 FY 2012 General Operating Budget: Amended Final
  • 11. Good People Cost Money Salary Step Increases Educational IncrementsEarned for years of service Earned for additional education $33 million + $6 million = $40 million Automatic Annual Increase in the Budget Unless Otherwise Bargained7
  • 12. We Have a Structural Deficit8
  • 13. We’ve Had to Make Tough Choicesthings like... Cutting $35 million from Administrative Units (12%) in 2010 and an additional $48 million (20%) in 2012 Converting all remaining year-round schools to 9-month in 2011, saving $13 million (not including Special Education savings) Consolidating school bell times in 2012, eliminating over 200 buses and drivers, for an annual savings of $10 million Reducing school supply and textbook funding by 50% in 2012, saving $25 million9 Raising class size in grades 1-3 in 2011, saving $30 million ...continued
  • 14. We’ve Had to Make Tough Choices ...continued Reducing the district’s mandated unreserved fund balance from 2% to 1%, generating $22 million in one-time savings Asking for (and achieving) $34 million in salary and benefit cost savings in 2011via negotiations with employee groups Negotiating for additional salary and benefit concessions, a total of $56 million, in 2012 (some have been achieved) Reducing school staffing by 3% in 2010, saving $24 million Eliminating funding for block scheduling in 2010, saving $12 million9
  • 15. How Do We Compare? Out of the 20 largest school districts in the country, CCSD ranks… Per Student Expenditures 1. New York City School District $17,923 2. Montgomery County Schools (Maryland) $15,002 3. Prince Georges County Schools (Maryland) $13,54119. Clark County School District $8,04420. Wake County Schools (North Carolina) $7,707 Source: National Center for Education Statistics (2008)10 Total Current Expenditures per Student