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Ladner Presentation

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Record Breaking Heatwave

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Ladner Presentation

  1. 1. Arizona California Florida Georgia Nevada New York North Carolina Texas Virginia Washington 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 5,000,000 -500,000 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 ProjectedIncreasein65+Population Projected Increase in Under 18 population, 2010-2030 United States Census Bureau Projections for Youth and Elderly Population Increase by State, 2010 to 2030
  2. 2. K-12 MEDICAID PUBLIC ASSISTANCE HIGHER ED CORRECTIONS TRANSPORTATION ALL OTHER 24% 19% 2% 13% 4% 11% 27% 22% 30% 0.5% 15% 4.5% 11% 17% North Carolina Expenditure Trends 2000 and 2014 Budgets
  3. 3. Elderly Adult Non-Elderly Children $16,190 $4,590 $2,550 Congressional Budget Office Projections for Federal Costs per Medicaid Enrollee in 2023 (Source: Kaiser Family Foundation)
  4. 4. $3,344,000,000 $9,549,000,000 $7,422,000,000 $10,875,000,000 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Florida State Spending (Federal Funds Excluded) on K-12 and Medicaid 2000- 2014 (Source: NASBO) Medicaid K-12
  5. 5. United States Treasury currently estimates the amount of federal debt at $19 trillion and unfunded entitlement liabilities at $55 trillion. 10,000 Baby Boomers will reach retirement age per day until 2030, whereupon all surviving Baby Boomers will be age 65 or older. 31.5 of funds spent by the North Carolina state government in 2014 originated with Uncle Sam. Make your plans accordingly.
  6. 6. 1,314 1,503 1,655 2,214 2,450 2,794 3,059 3,326 4,080 4,401 5,327 6,068 7,680 5,611 6,400 7,234 9,061 10,702 12,754 14,002 15,822 17,697 18,882 22,135 26,079 30,288 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Florida Hispanic and Black Students Passing AP Exams, 1999-2011 Black Hispanic
  7. 7. 13Foundation for Excellence in Education Copyright.2014 13Foundation for Excellence in Education Copyright.2014 Number of Florida Students Earning Industry Certifications 803 1,855 8,629 20,644 28,533 45,277 63,328 0 10000 20000 30000 40000 50000 60000 70000 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 7,786% Increase
  8. 8. Foundation for Excellence in Education Copyright.2014 14Foundation for Excellence in Education Copyright.2014 14 What are Education Savings Accounts? An education program utilizing an account controlled by parents with multiple educational uses. Under a robust system of accountability (monitoring and auditing), parents can direct funds in an ESA to any combination of educational uses, including: Private school tuition Tutoring Therapy for special needs students Instructional materials and curriculum Online programs and courses Contract public school courses Exam fees Savings for future college costs
  9. 9. 15Foundation for Excellence in Education Copyright.2014 15Foundation for Excellence in Education Copyright.2014 15 Next-Gen Accountability Using parent ratings and objective metrics to help parents navigate school choice. Drives quality by requiring users to rate each experience Interactive search tools, community advice, and expert reviews to find the right tutor, school, or education service.
  10. 10. The North Carolina Constitution guarantees K-12 spending and the public supports it strongly, but the system as it stands . The next 15 years seem likely to test the outer limits of our political adaptability. The working-age taxpayers of 2030 sit in North Carolina classrooms right now- one of the few things we can control now is how many opportunities we give them to fulfill their potential. By providing the maximum possible flexibility and creating incentives to maximize value, ESAs could play a large role in a North Carolina plan.
  11. 11. Thank You ! Matthew Ladner Senior Advisor for Policy and Research Excel in Ed (512) 844-5504 Matthew@excelined.org

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