3rd Friday Enrollment Projection12401220 1215 1207 1209 1209 11991200 1188 Guess 11811180 1170 1163 11601160 1147 11411140 1124 11161120110010801060 Fall 2008 Fall 2009 Fall 2010 Fall 2011 Fall 2012 Fall 2013 Fall 2014 Fall 2015 Fall 2016 Fall 2017 Fall 2018 Fall 2019 Fall 2020 Fall 2021
Resident Student Other Ed. Choices250 241 242 230 221200 201 194 167150100 84 81 81 75 71 72 7150 52 43 46 47 43 38 42 39 41 39 42 38 42 30 34 26 23 23 20 19 21 0 Fall 2005 Fall 2006 Fall 2007 Fall 2008 Fall 2009 Fall 2010 Fall 2011 OE OUT Bible Baptist Prairie Catholic Wyalusing Registered Home School
Open enrollment History50 4745 43 42 42 4140 38 3 out to35 Virtual Charters30 Red is OUT 2625 20 1920 21 19 18 1815 17 11 15 1310 12 11 5 5 Blue is IN 0 Fall 2002 Fall 2003 Fall 2004 Fall 2005 Fall 2006 Fall 2007 Fall 2008 Fall 2009 Fall 2010 Fall 2011
Revenue Limit Forecast• Last year’s Revenue Limit was $10,818,000• Estimated 12-13 Revenue Limit $10,606,600• Estimated to be down $211,400• There is an estimated one-time “special aid” for this year of $57,250; from what is understood this is outside of the revenue limit• So if that is added back in, we are projected to be down $154,150 in revenue from Taxes and General State Aid
RL drop implications• We will continue to build budget based on it being balanced – Rollover expected this week or next – Later July finance Committee; Draft for August Meeting – Balancing will not be easy, but…• “Paying ahead” the Fund 73 OPEB liabilities was huge as that payment is freed up• Insurance changes kept those costs in check• Stay conservative with Priorities: – What will raise student achievement levels? – What investments will save us money down the road? (epoxy flooring, repairing buildings, improvements to stay modern. …)
On-line Charter School• Plan to start cautiously, handful of students• Target those that are OE out to on-line – Future ?? (Home School, OE in, Blended)• School Board must authorize – Governance Council runs school – not Board – Separate School with contract – Innovation outside of control of School Board
Why look at this?• Current pump price for diesel is $3.72 (June Kwik-Trip bill)• Estimated full year of diesel costs about $54,000 at average of $3.60 per gallon• This usage in CNG would cost about $11,543 – Natural Gas at school service point is $0.57 per therm; 1.35 conversion therms to diesel gallon eq. – Would need own infrastructure (like Cadott)• Kwik-Trip pump; $1.59 (diesel eq) = $23,850 – About 8 to 10 year payback (bus fleet only, Vans etc.)
Continue to study and possibly plan forfall of 2013 (2013-2014 budget impact)• We have extended current contract with Southwest through the end of 2012-2013 school year (we have time but…)• Conversion to CNG would probably entail that the district purchase the bus fleet (more options)• Kwik-Trip may be adding a CNG island at one of their PdC stores (LaCrosse in operation)• Another option is a slow fill (Cadott Schools)
CNG infrastructure costs qualify as Revenue Limit Energy Exemption (EE)• The purchase of CNG buses qualify as an eligible energy efficiency project for an exemption• Fueling station equipment qualifies as an eligible energy efficiency project for an exemption• The future CNG ongoing fuel costs and operating costs would not be considered part of the energy exemption; only the initial purchase is allowable under the exemption.
Substantial Investment• All principle and interest repayments are allowed under the EE rules and are full shared costs under state aid formula.• With a resolution at an annual meeting; the Board could borrow for the full EE project. – The board must pass a resolution to exceed the limit for the energy efficiency project for each year of the exemption; for example 10 years. – Otherwise the repayment will come directly from Fund 10 –would be full shared costs under state aid.
Savings $30,150/yr; KwikTrip Pump price So, what are the Costs• High (conservative) estimate for each bus $145,800 – Extra cost of CNG package $30,000 per bus (tank is costly) – Total CNG extra cost $240,000 8 year payback – Price based on top of the line buses• Fleet (8 buses) estimate for buses $1,166,400 – Extension office working with us on possible zero interest loan package – 10 year EE principal payback $116,640 per year – Buses last 15 to 25 years
Savings $42,457/yr; Nat Gas price So, what are the Costs• CNG slow fill station $400,000 – Maintenance contract through MGE – 10 year station loan; $40,000 per year• Cost increase – Same total extra CNG bus cost $240,000 – CNG station $400,000 – Total CNG added costs $640,000 15 year payback• This is feasible, but, we need to get partners to help with station costing … (business partners)
District Cash Flow of potential project• Just starting to work on this… (still many questions)• Initial look is that it is feasible as an EE project• Cash flow for district looks real good• We need to have set-aside account for saving for future bus and station purchases – Plan for complete replacement cycle of busses • Start replacing busses after 10 years or if something else is out there, hydrogen etc., then do not replace and run the busses life out and save account; for example, out 15 years projected to have about 1.5 million available – If slow fill route; plan for complete replacement of station
CNG Study is on-going• Continue to look at all options• Kwik-Trip would like to invite us to LaCrosse to see the CNG station in action; fill a truck, car, etc.• We could go to Cadott to see their slow fill in operation (value ??)• MGE is willing to work with us …• At some point we need to make some decisions – We are checking on lead time to order busses etc.• What other information do we need to gather?
A few other notes• All day 4K is now full – We have hit the 60 maximum – Any further 4K enrollment will be automatically placed in the half day program and applications for the full day will be put on waiting list• Another great problem; we are now at 88 students in Kindergarten and if we slide over 90 (91 plus) by September, we will need to add another teacher at BAK
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