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April 6, 2010 Referendum Information
 

April 6, 2010 Referendum Information

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    April 6, 2010 Referendum Information April 6, 2010 Referendum Information Presentation Transcript

    • Stoughton Area School District Referendum April 2010
    • Educating Students for Success •ACT recognizes SHS for science achievement •WI Taxpayer’s Alliance recognizes SASD for continuous improvement in reading and math •Exemplary music and athletic accomplishments •Advanced placement class participation tripled •Improved graduation rate, drop out rate and attendance •Customer satisfaction indicators improving
    • Why Are We Here Today? The school district is facing a cumulative budget shortfall of $8,439,000 over the next four years. •2010-11: Up to $591,000 •2011-12: Up to $1,351,000 •2012-13: Up to $2,611,000 •2013-14: Up to $3,886,000 The state’s funding formula does not allow the district to allocate enough money for the current 10 year maintenance plan. Upcoming projects require an additional $7,250,000. •Roofs, parking lots, HVAC, plumbing restoration, etc.
    • Why Are We Here Today? School district revenues are restricted by school funding laws put in place in 1993 •Revenue limits •2/3 Funding School expenses, often times driven by state and federal mandates or laws, generally increase at a higher percentage than revenue is allowed to grow.
    • The Facts: SASD was a low spending district when locked into revenue limits in 1993. That base has kept SASD one of the lowest spending districts in the state. If SASD had been at the Dane County average revenue limit per student in 2007-08, we would have had an additional 4.4 million dollars. 2007-08 Dane County Revenue Limit Per Student $11,000 $10,500 $10,000 $9,500 $9,000 $8,500 $8,000 $7,500 $7,000 Middleton-Cross Plains Monona Grove McFarland Cambridge Mount Horeb De Forest WI Heights Marshall Madison Sun Prairie Oregon Waunakee Deerfield Belleville Stoughton Group Average Verona State Average
    • The Facts: All of the districts in the previous chart have passed a referendum to exceed the revenue limit in the last 10 years except Stoughton, Marshall, and Belleville. Other districts passing referenda has caused the gap between SASD and other districts’ revenue limit per student to grow. Longitudinal History of Revenue Limit Per Member R e v e n u e L im it P e r M e m b e r 12,000.00 10,000.00 8,000.00 6,000.00 4,000.00 2,000.00 0.00 Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall Fall 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 Green Boxes = State Average Blue Boxes = Stoughton
    • $7.00 $8.00 $9.00 $10.00 $11.00 $12.00 $13.00 Wis . Hei ght s Cam brid ge Monon a Grove Verona McFarland Oregon Madison Me tro Sun Prairie De Forest Deerfield SASD has the lowest mill rate in Dane County. The Facts: Marsh all Waunakee 2007-08 Dane County Mill Rates Middleton Bel leville Mount Horeb Sto ughton Dane Cty Avg
    • The Facts: SASD does not currently have a maintenance budget large enough to address large upcoming projects in the 10 year maintenance plan. Funds in the district’s maintenance budget fall under the revenue cap. Any additional money allocated to maintenance needs would need to be taken from other programs or services.
    • Why Are We Here Today? On February 15, 2010 the Stoughton Area School District Board of Education approved asking the community two referendum questions on the April 6, 2010 ballot. The first question will address funds for operational purposes and the second will focus on supporting district maintenance.
    • What Has SASD Done To Address The Financial Problem? In 2005, the taxpayers voted down a referendum to exceed the revenue limit. Since that time, the district has taken various measures to balance its budget. •Reduced one million dollars of programs and services •Eliminated 68 positions •Closed Yahara Elementary School •Reduced bus routes •Froze school and department allocations •Improved energy efficiency (avoiding $800,000 in costs) •Implemented a four-year-old kindergarten program
    • What is the First Question on the Ballot? BE IT RESOLVED by the School Board of the Stoughton Area School District, Dane and Rock Counties, Wisconsin that the revenues included in the School District budget be authorized to exceed the revenue limit specified in Section 121.91, Wisconsin Statutes, by $591,000 for the 2010-2011 school year; by an additional $760,000 (for a total of $1,351,000) for the 2011-2012 school year; by an additional $1,260,000 (for a total of $2,611,000) for the 2012-2013 school year; and by an additional $1,275,000 (for a total of $3,886,000) for the 2013- 2014 school year for non-recurring purposes."
    • What Is the Tax Impact of the First Question?
    • What Is the Tax Impact of an Operational Referendum? In simpler terms, the average annual increase various home values breaks down to: $175,000 Home $200,000 Home $225,000 Home $169 per year $193 per year $217 per year $3.25 per week $3.71 per week $4.17 per week $0.46 per day $0.53 per day $0.59 per day
    • What is the Second Question on the Ballot? BE IT RESOLVED by the School Board of the Stoughton Area School District, Dane and Rock Counties, Wisconsin that there shall be issued pursuant to Chapter 67 of the Wisconsin Statutes, general obligation bonds in an amount not to exceed $7,250,000 for the public purpose of paying the cost of maintaining, improving, updating, remodeling and replacements at all school buildings and acquiring equipment."
    • The Facts: The district is asking for the authority to borrow $7,250,000 to address the needs on the 10 year maintenance plan. The debt can be structured so it is paid off as other debt retires. This structure will allow the future debt service mill rate to remain at a rate similar to the 09-10 tax rate. The district also has a one-time opportunity to apply for very low or zero percent interest rate bonds through the stimulus package. If 35% of the debt could be acquired this way, it would save approximately $900,000 in interest.
    • What Is the Tax Impact of a Debt Referendum For Maintenance? S to u g h to n A r e a S c h o o l D is tr ic t E X A M P L E R E F E R E N D U M F IN A N C IN G P L A N S c e n a r io fo r O b ta in in g $ 7 ,2 5 0 ,0 0 0 in D e b t Tax Levy Y ear D ebt C u rre n t D e b t P o t e n t ia l N e w T o ta l D e b t C o m b in e d Y ear Due S e r v ic e D e b t S e r v ic e S e r v ic e M ill R a t e 2009 2010 $ 2 ,8 8 8 ,9 2 4 $ 2 ,8 8 8 ,9 2 4 $ 1 .4 1 2010 2011 $ 2 ,8 8 9 ,4 9 3 $ 2 ,8 8 9 ,4 9 3 $ 1 .3 8 2011 2012 $ 2 ,5 7 0 ,7 9 9 $ 3 8 5 ,1 5 6 $ 2 ,9 5 5 ,9 5 5 $ 1 .3 8 2012 2013 $ 2 ,5 6 2 ,8 6 9 $ 4 5 4 ,9 3 8 $ 3 ,0 1 7 ,8 0 7 $ 1 .3 8 2013 2014 $ 2 ,5 6 8 ,7 3 3 $ 5 0 7 ,2 8 8 $ 3 ,0 7 6 ,0 2 0 $ 1 .3 8 2014 2015 $ 2 ,5 6 8 ,3 3 5 $ 5 6 6 ,8 7 5 $ 3 ,1 3 5 ,2 1 0 $ 1 .3 8 2015 2016 $ 2 ,5 7 1 ,2 0 1 $ 6 2 3 ,4 8 8 $ 3 ,1 9 4 ,6 8 9 $ 1 .3 8 2016 2017 $ 3 4 7 ,9 7 8 $ 2 ,1 6 9 ,7 1 9 $ 2 ,5 1 7 ,6 9 6 $ 1 .0 7 2017 2018 $ 3 5 1 ,9 4 1 $ 2 ,2 1 9 ,1 8 8 $ 2 ,5 7 1 ,1 2 9 $ 1 .0 7 2018 2019 $ 3 5 0 ,1 0 8 $ 2 ,2 8 2 ,4 9 4 $ 2 ,6 3 2 ,6 0 1 $ 1 .0 7 2019 2020 $ 3 5 7 ,2 7 0 $ 3 5 7 ,2 7 0 $ 0 .1 4 2020 2021 $ 3 5 3 ,3 9 4 $ 3 5 3 ,3 9 4 $ 0 .1 4 2021 2022 $ 3 5 8 ,6 9 0 $ 3 5 8 ,6 9 0 $ 0 .1 4 2022 2023 $ 3 6 3 ,0 7 6 $ 3 6 3 ,0 7 6 $ 0 .1 4 Im p a c t = $ 2 1 ,1 0 2 ,8 0 9 $ 9 ,2 0 9 ,1 4 4 $ 3 0 ,3 1 1 ,9 5 3 ( $ 0 .0 3 ) * * * T h e m ill ra te is b a s e d o n 2 0 0 9 E q u a liz e d V a lu a tio n w ith a n a n n u a l g ro w th o f 2 .0 % * * *
    • What Is the Tax Impact of a Debt Referendum For Maintenance? $2.00 Stoughton Area Public School District Referendum Approved Debt (Fund 39) $1.75 Base Referendum Financing Plan No Stimulus Funding $1.50 $1.41 $1.38 $1.38 $1.38 $1.38 $1.38 $1.38 $0.18 $0.21 $0.23 $1.25 $0.25 $0.27 $1.07 $1.07 $1.07 $1.00 $0.75 $1.41 $1.38 $1.20 $1.18 $1.16 $0.92 $0.92 $0.93 $1.13 $1.11 $0.50 $0.25 $0.14 $0.14 $0.14 $0.14 $0.15 $0.15 $0.14 $0.14 $0.14 $0.14 $0.14 $0.00 2009 ‐ 2010 ‐ 2011 ‐ 2012 ‐ 2013 ‐ 2014 ‐ 2015 ‐ 2016 ‐ 2017 ‐ 2018 ‐ 2019 ‐ 2020 ‐ 2021 ‐ 2022 ‐ 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Existing April 2010 Referendum Project
    • What Is the Tax Impact of a Debt Referendum For Maintenance? $2.00 Stoughton Area Public School District Referendum Approved Debt (Fund 39) $1.75 Base Referendum Financing Plan 35% Stimulus Funding (Tax Credit Bonds) $1.50 $1.41 $1.38 $1.35 $1.35 $1.35 $1.35 $1.35 $1.25 $0.14 $0.17 $0.19 $1.19 $1.17 $0.21 $0.24 $1.00 $0.75 $0.66 $1.41 $1.38 $1.05 $1.03 $1.20 $1.18 $1.16 $1.13 $1.11 $0.50 $0.52 $0.25 $0.14 $0.14 $0.14 $0.14 $0.15 $0.15 $0.14 $0.14 $0.14 $0.14 $0.14 $0.00 2009 ‐ 2010 ‐ 2011 ‐ 2012 ‐ 2013 ‐ 2014 ‐ 2015 ‐ 2016 ‐ 2017 ‐ 2018 ‐ 2019 ‐ 2020 ‐ 2021 ‐ 2022 ‐ 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 Existing April 2010 Referendum Project
    • What Happens If The Referendum Fails? • Further increases in class size • Reduction in academic programs • Reduction in athletic programs • Reduction in class offerings and choices • Reduction in support services (e.g. counseling,  psychology, and transportation) • Increased Fees • Deferred maintenance resulting in potential long term  facility problems
    • What Happens If The Referendum Fails? District administration has created a template of the types of reductions that could occur over the next three years if the referendum fails. This document, shown on the next slide, is available on the district website: www.stoughton.k12.wi.us
    • Potential Three Year Reduction Strategy Year 1 (2010-11) Year 2 (2011-12) Year 3 (2012-13) Program/Service Amount Program/Service Amount Program/Service Amount Enrollment Driven (current Enrollment Driven (current Enrollment Driven (current policy) 215,000 policy) 120,000 policy) (60,000) Elementary MAPE (current Elementary MAPE (current Elementary MAPE (current policy) 25,740 policy) 22,080 policy) (12,240) Unit EAs (1.5 - .5 FTE at Unit EAs (1.5 - .5 FTE at Unit EAs (1.5 - .5 FTE at each elementary building) 52,500 each elementary building) 52,500 each elementary building) 52,500 Reduce Elementary MAPE minutes 10 in music & art, 20 in PE - current policy (1.81 Elementary Library EA (1.5 Elementary Library EA (1.5 FTE) 108,600 FTE) 52,500 FTE) 52,500 Increase elementary class Elementary Strings (.66 FTE) 39,600 River Bluff Library EA (.5 FTE) 17,500 size policy by 2 120,000 Reduce Music Lessons - Increase elementary class River Bluff 39,000 River Bluff 7 period day 150,000 size policy (MAPE impact) 40,020 High School Elective Classes Elementary Psychologist (2.0 (1.0 - 2.0 FTE) 60,000 River Bluff Athletics 55,555 FTE) 120,000 High School Class size increase - up to 28 (1.5 to 2.0 Reduce Music Lessons - FTE) 90,000 River Bluff 39,000 River Bluff Library EA (.5 FTE) 17,500 High School Library EA (.5 Increase Athletic Fees 15,500 FTE) 17,500 RB Counselor (0.5 FTE) 30,000 Athletics - Cheerleading & 9th HS Elective Classes Increase Increase middle school class Grade Softball 9,565 (1.0 to 2.0 FTE) 60,000 size policy by 2 300,000 High School Class size Efficiency Reductions (1.0 increase - up to 28 (1.5 to 2.0 High School Library EA (.5 AESC support staff) 40,000 FTE) 90,000 FTE) 17,500 Athletics - 9th grade soccer, 9th grade baseball, boys swimming, equipment Allocation Freeze 50,000 manager 15,598 HS Counselor (1.5 FTE) 90,000 Double Routing bus 45,000 Reading Specialist (3.0 FTE) 180,000 Eliminate TAG 150,000 AESC Support positions (up District sub budget reduction 10,000 to 1.5 FTE) 82,500 Administrator 100,000 Administrative Salary Freeze 45,500 Custodians (1.0 FTE) 60,000 Custodians (1.0 FTE) 60,000 Outdoor Maintenance (1.0 Staff Development & FTE) 63,000 Professional Services 17,000 Total 846,005 Total 1,077,733 Total 1,094,780
    • Will The Referendum Solve All Financial Issues? Unfortunately, there are conflicts in the laws that drive school funding. The revenue limit is based on a per student amount. When that amount per student is increasing less than expenses increase, and a district is declining in enrollment, something has to give. The only way to generate funds above the revenue limit is through a referendum. ***Until the state funding formula changes, districts will continue to struggle with making cuts or seeking additional taxpayer support***
    • Strong Schools & Strong Community
    • Supporting Our Youth So They Can Achieve Their Dreams