Report to the community narrated

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The 'Report to the Community' provides specific information about the state of the school district and district finances.

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  • Thanks for comingA few short minutes to share with you where we are as a district with our finances and the need for the upcoming levy.Many of these facts and slides I’m sharing tonight have been provided to the BOE as they have worked to make this decision and manage the district resources.
  • First and foremost, we are proud of the work that our students, staff, and supportive parents continue to produce year in and year out in making Madeira City Schools a premier district in the state of Ohio.The success if each and every student is at the core of what we attempt to do and this community has been supportive of making it possible to do exactly what our vision and mission statement says – providing instruction that is personalized and that ensures the success of each of our students. A tall order but one that nonetheless is a challenge that each of our staff members works toward.
  • Our seniors each and every year astound us with the scholarship dollars and offers that come in for Madeira students going to college.Our schools are consistently rated & recognized locally, state-wide, and nationally by numerous high profile magazines and media outlets.
  • One indicator of this success is what the Ohio Department of Education refers to as the Performance Index. The performance index score measures a school district’s assessment results across all tested grades and all subjects and calculates how well students scored in each subject area.  Madeira’s overall district performance index is among the best in the state and has steadily increased each year over the past five years. 
  • To put this in perspective…….. Of 609 Ohio school districts, there were only 6 other school districts in the state that finished with a better score. Madeira ranked 7th in the state in this category. 
  • So to get to the facts on the upcoming levy …….Revenue to the district is a projected amount from the county auditor.
  • Where the money comes from …….
  • Some upcoming revenue changes that will have an impact on our bottom line …..
  • As we look at projections for future revenue, you can see that they remain relatively flat and that our local share of the revenue makes up the large part of where money comes from to operate our outstanding district.As property values increase ……
  • Where the money goes to …….
  • The BOE has been carefully monitoring the expense trends to help maximize our resources. This chart shows that our expenses have been relatively stable with averaging 2.4%.
  • Just as we benchmark ourselves against districts academically, we also do this within our finances and expenditures through the yearly Planning Commission study as well as our ongoing talks to find ways to share best practices amongst our organizations.This chart illustrates our BOE’s desire to be the best we can be while also managing the resources and expenses.
  • So you may be asking yourself, why a levy and why now. Our BOE as you may know has been wrestling with this very question in discerning our finances in light of the normal cycle of levies (5 years since our last levy) and the legislative moves being made at the state level that were described in the previous slide (the 1.1 million in reductions).This chart refers to our total revenue and total expenses to show that when our expenses begin to eclipse our revenue, school districts must return to the voters to seek additional revenue.The green circled areas are the key indicators that our district is at that point and thus the November levy ballot.
  • Armed with this revenue and expense information, the BOE each and every year looks at our finances in a way that tries to stretch every dollar. Since our last levy 5 years ago, they have put expense control measures in place to manage our resources efficiently and in my opinion, effectively.For instance, while the health insurance trends would indicate anywhere between a 8-14% average increase, our healthcare consortium approach with other school districts has managed those costs to be a 3% average over the past 6 years.
  • Madeira has enjoyed a decade of success as a result of a community effort and Bond Issue in 2004 to provide our students and community with new facilities.These successes have also included an overwhelming amount of support through private donations from within our community.1.5 million donation to provide for innovative energy solutions has included occupancy sensors and lighting retrofitting as well as a geothermal system at the high school on the Commons building.This “can-do” spirit in Madeira is a testament to the many people in Madeira that love their schools and want them to be the best for their students and future students that will attend Madeira.
  • To that end, the BOE has worked on ways to protect our investment and take a proactive approach at managing our resources and facilities.It’s important to know what our costs are going to be in the next 5 years, the next 10 years, etc. so that we are aligning our resources and
  • So we it comes down to this idea of how to keep a good thing going, moving forward, all along working to again manage our resources effectively.
  • Report to the community narrated

    1. 1. Report to the Community<br />Madeira City Schools<br />October 2011<br />
    2. 2. Madeira City Schools rated Excellent for the 12th straight year!<br />
    3. 3. Successful Schools,Successful Students,Successful Madeira <br /><ul><li> Scholarships
    4. 4. Top State Rankings
    5. 5. College Board, News Week
    6. 6. U.S. News & World Report
    7. 7. U.S. Dept. of Education Blue Ribbon
    8. 8. Business Partnerships</li></li></ul><li>Performance Index Trend<br />
    9. 9. Benchmarking with other Districts<br />
    10. 10. The Basics<br />Proposed Levy<br />6.9 mill Operating levy <br />$2.18 million per year to district<br />Cost<br />$209 per $100,000 HCA market value<br />$157 per $100,000 for residents 65 or over<br />
    11. 11. Madeira Revenue<br />$15.2 million <br /> Fiscal Year 2012<br />
    12. 12. Revenue Changes<br />State & Federal Revenue Reductions Elimination of $1.1 million<br /> $334,000 - Business tax <br /> $109,000 - Electric dereg. reimbursement<br /> $353,000 - State school funding<br /> $300,000 - Federal stimulus funds<br />
    13. 13. Revenue Forecast<br />
    14. 14. Madeira Expenses<br />$16.2 million<br />
    15. 15. Expense Trends<br />
    16. 16. Benchmarking<br />
    17. 17. Total Revenue & Expenses<br />
    18. 18. Belt Tightening<br />0% increase in salary schedule<br />Healthcare consortium- managed increases to a 3% avg. over six years <br />Privatized/outsourced custodial, transportation, food service<br />$150,000 Energy savings <br />Renegotiated contracts and reduced positions<br />
    19. 19. A Decade of Success……2000-2010<br />
    20. 20. Standard of Care<br /><ul><li>Protecting our investment
    21. 21. Proactive planning
    22. 22. Communication
    23. 23. Alignment of Resources</li></li></ul><li>The Bottom Line …<br />High levels of student achievement<br />70% of district revenue is from local property taxes<br />5 years since last levy<br />Efficient management of resources<br />$1.1 million in revenue reductions<br />Successful Schools, Successful Madeira<br />
    24. 24. Questions & Additional Information<br />If you have additional questions or would like more information, please call the Board of Education office at 985-6070 or email:<br />Steve Kramer, Superintendent<br />skramer@madeiracityschools.org<br />Kenji Matsudo, Assistant Superintendent<br />kmatsudo@madeiracityschools.org<br />Susan Crabill, Treasurer<br />scrabill@madeiracityschools.org<br />Or visit the Finance link at www.madeiracityschools.org<br />

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