This document outlines 32 ongoing education schemes in Khyber Pakhtunkhwa, Pakistan. The schemes relate to primary, secondary, and higher secondary education and include establishing new schools, upgrading existing schools, teacher training programs, and provision of basic facilities. The total cost of ongoing schemes is Rs. 5,157.773 million with Rs. 4,963.646 million in foreign financing and Rs. 1,059.458 million spent to date.
This document summarizes the budget information for Park City School District's General Fund for fiscal years 2010 through 2013. It shows that expenditures are expected to exceed revenues, resulting in a depletion of the fund balance. Expenditures are projected to increase by $1.3 million from FY2010 to FY2011, while revenues are estimated to remain flat. The fund balance is projected to decrease from $9.5 million in FY2011 to $443,606 in FY2013 as the deficit grows each year without revenue increases.
This document provides an overview of Places for People's financial performance for 2010/11. Key highlights include:
- Turnover increased to £340m from £312m in 2009/10. Operating profit before interest was £80.3m.
- Housing stock owned or managed grew to 62,034 homes, supporting long-term rental income.
- Revenue reserves excluding pension liability grew to £200m in 2011 from £150m in 2007.
- The gross fixed asset base remained stable at £3.1bn in 2010/11.
- Places for People successfully diversified its investor base and debt portfolio through various bond issuances.
Tentative budget presentation to Board of TrusteesJeff Weiler
The document summarizes the Clark County School District's tentative budget for the 2012-2013 fiscal year. It notes that total revenues are projected to decrease by $7 million from the previous year due to a smaller increase in state funding and a projected drop in property tax revenues. Expenditures are budgeted to decrease by $15.6 million from the prior year through concessions from employee unions and reductions elsewhere. The budget faces a potential shortfall of $3-63.9 million depending on the outcome of arbitration with teachers. The tentative budget will be presented to the school board for approval on May 16.
This webinar will offer an accessible introduction to nonprofit accounting and to the primary documents used to communicate your organization’s financial reality to funders, potential donors, board members, and the interested public. Documents covered will include operating budgets, audited financial statements, the IRS Form 990, and the annual report.
01. Series 01 Pension Changes From April 2011njhb1958
The document summarizes changes to UK tax relief on pension contributions that took effect in April 2011. The annual allowance for pension contributions was reduced from £255,000 to £50,000. Any contributions above this amount in a year will be subject to an annual allowance charge (AAC), effectively refunding tax relief above the basic rate. Unused annual allowances from the previous three years can be carried forward. Defined benefit pensions can see large increases in value from small pay rises, potentially triggering the AAC. The lifetime allowance was also reduced from April 2012.
The document summarizes budget and program impact data from 10 school districts in New York. It describes how the districts have had to deplete reserves, cut staff and programs, increase class sizes, and reduce services due to reductions in state aid and increases in costs like pensions over the past several years. The districts project continuing deficits and the need for further cuts if revenues do not increase or costs are not controlled. Questions are posed to legislators on the Gap Elimination Adjustment, strategies for district leaders, potential regionalization, and how the legislators will represent the districts in Albany.
This document outlines 32 ongoing education schemes in Khyber Pakhtunkhwa, Pakistan. The schemes relate to primary, secondary, and higher secondary education and include establishing new schools, upgrading existing schools, teacher training programs, and provision of basic facilities. The total cost of ongoing schemes is Rs. 5,157.773 million with Rs. 4,963.646 million in foreign financing and Rs. 1,059.458 million spent to date.
This document summarizes the budget information for Park City School District's General Fund for fiscal years 2010 through 2013. It shows that expenditures are expected to exceed revenues, resulting in a depletion of the fund balance. Expenditures are projected to increase by $1.3 million from FY2010 to FY2011, while revenues are estimated to remain flat. The fund balance is projected to decrease from $9.5 million in FY2011 to $443,606 in FY2013 as the deficit grows each year without revenue increases.
This document provides an overview of Places for People's financial performance for 2010/11. Key highlights include:
- Turnover increased to £340m from £312m in 2009/10. Operating profit before interest was £80.3m.
- Housing stock owned or managed grew to 62,034 homes, supporting long-term rental income.
- Revenue reserves excluding pension liability grew to £200m in 2011 from £150m in 2007.
- The gross fixed asset base remained stable at £3.1bn in 2010/11.
- Places for People successfully diversified its investor base and debt portfolio through various bond issuances.
Tentative budget presentation to Board of TrusteesJeff Weiler
The document summarizes the Clark County School District's tentative budget for the 2012-2013 fiscal year. It notes that total revenues are projected to decrease by $7 million from the previous year due to a smaller increase in state funding and a projected drop in property tax revenues. Expenditures are budgeted to decrease by $15.6 million from the prior year through concessions from employee unions and reductions elsewhere. The budget faces a potential shortfall of $3-63.9 million depending on the outcome of arbitration with teachers. The tentative budget will be presented to the school board for approval on May 16.
This webinar will offer an accessible introduction to nonprofit accounting and to the primary documents used to communicate your organization’s financial reality to funders, potential donors, board members, and the interested public. Documents covered will include operating budgets, audited financial statements, the IRS Form 990, and the annual report.
01. Series 01 Pension Changes From April 2011njhb1958
The document summarizes changes to UK tax relief on pension contributions that took effect in April 2011. The annual allowance for pension contributions was reduced from £255,000 to £50,000. Any contributions above this amount in a year will be subject to an annual allowance charge (AAC), effectively refunding tax relief above the basic rate. Unused annual allowances from the previous three years can be carried forward. Defined benefit pensions can see large increases in value from small pay rises, potentially triggering the AAC. The lifetime allowance was also reduced from April 2012.
The document summarizes budget and program impact data from 10 school districts in New York. It describes how the districts have had to deplete reserves, cut staff and programs, increase class sizes, and reduce services due to reductions in state aid and increases in costs like pensions over the past several years. The districts project continuing deficits and the need for further cuts if revenues do not increase or costs are not controlled. Questions are posed to legislators on the Gap Elimination Adjustment, strategies for district leaders, potential regionalization, and how the legislators will represent the districts in Albany.
Dr Alonso - Where Baltimore City Schools Are TodaySagesse, Inc.
Dr. Andres Alonso, CEO of Baltimore City Public Schools
“Update on the Status of Baltimore City Schools”
Presentation to The Leadership
January 18, 2011
This presentation was used in a session at the Policy Leadership Academy hosted by Leadership for Education Equity, a political organization that mobilizes, supports and trains Teach for America alumni.
The proposed 2012-2013 budget for the Greenwich Township School District totals $11,734,051, a decrease of $385,757 or 3.4% from the 2011-2012 budget. The budget relies on a proposed tax levy of $9,447,453, which would result in a school tax rate of $1.706 per $100 of assessed property value, an increase of $0.140 from the previous year. The budget focuses on maintaining academic programs and technology while implementing cost savings through shared services.
Pensions Under Pressure: An Update for Global OrganizationsTowers Perrin
This Towers Perrin presentation explores the regulatory environment for defined benefit pension plans around the world and dramatic changes in key markets in 2009. The fast-evolving U.K. regulatory framework is a prime example, as the latest budget proposals pose further complications for pensions. There are, however, actions global companies can make in response.
The document summarizes the Philippine national budget allocation for education from fiscal years 2017 to 2021. It shows that funding has increased each year, with the Department of Education budget rising from ₱543 billion in 2017 to ₱556 billion in 2021. The bulk of funds are spent on personnel services and school operations, while capital outlays have fluctuated between ₱135 billion and ₱19 billion. Key areas that received additional funding include basic education facilities, assistance to students and teachers, and programs supporting continued education during COVID-19.
Presentation To Board Of Trustees 032411Jeff Weiler
The document outlines budget recommendations for an upcoming fiscal year with a $400 million shortfall. It recommends cutting administrative budgets by 20%, increasing class sizes, freezing salary steps and increments, reducing staffing levels, and increasing employee health insurance contributions, among other measures, in order to cut $411 million from the budget. This would eliminate between 2,486 and 5,428 positions out of over 25,000 total positions and result in up to 5,593 total job losses including indirect and induced jobs. The next steps are adoption of the tentative budget in early April and the final budget in mid-May.
The Finance Board proposed budget allocates student fees to various CU programs and services. It approved the base budgets of most programs at 100% plus mandatory increases, while accepting some targeted cuts. Notable allocations included fully funding a capital request from the UMC and increases to Recreation Services and CUSG staff pay. The Board aimed to maximize benefits for students while limiting fee increases in light of construction costs and other constraints.
The proposed budget for Georgetown ISD for the 2011-2012 school year projects a $3.6 million surplus. Revenues are projected to decrease by $2.5 million from the state due to a revenue deficit, while expenditures are projected to decrease by $6.1 million through reductions in staffing and other areas. The budget maintains the tax rate of $1.04 for maintenance and operations and $0.25 for interest and sinking, for a total tax rate of $1.29. Fund balance is estimated to increase from $16 million in 2010-2011 to $19.6 million in 2011-2012.
The document discusses changes to UK tax relief for pension contributions starting in April 2011, including reducing the annual allowance from £255,000 to £50,000 and lifetime allowance from £1.8 million to £1.5 million. It provides examples of how the annual allowance charge is calculated when contributions exceed £50,000 in a year and how unused annual allowances from previous years can be carried forward. The changes may affect those with defined benefit pensions even with relatively small salary increases due to how their pension value is calculated.
Birmingham Energy Savers - preparing for the Green Deal - by Dave AllportsustainableCoRE
The document discusses Birmingham Energy Savers (BES), a Birmingham City Council program to improve building efficiency through the Green Deal. BES aims to deliver the Green Deal by procuring a delivery partner, promoting the program to households, and arranging energy assessments and financing for efficiency upgrades. BES has a goal of upgrading 15,000 homes in a pathfinder project and 45,000 additional homes using public and private funds totaling £1.5 billion. The presentation outlines BES's procurement of a delivery partner through a competitive dialogue process and its Aim High project to field test innovative products in hard to treat homes.
The document provides a summary of the Governor's Education Excellence Commission 2013-14 budget priorities preview. It outlines decreases in state funding for higher education since 2008 and increased tuition costs. It then discusses the economic and tax benefits of higher education for individuals and the state. The top three budget priorities are: 1) compensation increases for faculty and staff, 2) $16 million for mission-based performance funding, and 3) expanding teaching capacity and completions to reach a goal of 66% of Utahns with a postsecondary degree or certificate by 2020. Other priorities include operational costs, program funding, capital development projects, and land acquisitions.
The document discusses smart city initiatives at the KTH ACCESS Center in Stockholm, Sweden. It describes projects including the Stockholm Royal Seaport development, which aims to reduce CO2 emissions below 1.5 tons per person by 2020. It also discusses a Virtual Micro-Grid Laboratory and research into energy efficient building climate control using stochastic model predictive control that accounts for weather and occupancy uncertainties. The proposed control strategies were shown to outperform standard industry controllers in optimizing energy use while maintaining thermal comfort.
A presentation about the cities of the future and their challenges. It also presents the latest (2014) results of the Networked Society City Index by Ericsson and drill in the results for Athens, Greece. The presentation was held at the Smart Cities event organized by Europe Direct City of Athens on December 15, 2014.
Networked society & cities of the futureMaria Boura
Presentation about the Ericsson vision of the Networked Society and how ICT can bring financial, societal and environmental benefits to a city by transforming industries and enabling change makers. It was held at Cluj Innovation Days Conference at Cluj, Romania, on March 19, 2015.
The document discusses plans to transform a former industrial area in Stockholm, Sweden into a sustainable city district called Stockholm Royal Seaport. By 2030, the 263 hectare area will include 12,000 new homes and 30,000 new jobs across 600,000 square meters of commercial space. Developers aim to make it free of fossil fuels and adapted to climate change through sustainable energy, transport, buildings, and recycling systems. Over 40 developers and 30 architects are involved in constructing housing, offices, and renovating the former gasworks area in accordance with the vision of creating a world-class sustainable city district.
How to maximize smart city & energy efficiency replication potential - commun...Alec Walker-Love
Selected examples of communications initiatives from projects working to make European cities smarter & more efficient faster. From technical stakeholders to citizens and specific residents groups. Examples from CITyFiED, R2CITIES, BRICKER, DIRECTION & REMOURBAN projects (FP7 & H2020)
Document 14 - 16 Black men claim Buffalo Schools discriminated against themwkbw
The 7 Eyewitness News I-Team has been working since August of 2018 to uncover details surrounding a series of racial discrimination complaints filed with New York’s Division of Human Rights against Buffalo Public Schools.
This document summarizes the budget challenges facing a school district. It discusses factors like declining state aid, expense increases, and budget cuts over the past few years. The district is facing a $2.2 million shortfall for the upcoming year. To close the gap, the district plans to use federal stimulus funds, reserves, retirements, and cuts. Options are presented to increase taxes/levy to restore some positions or programs. Voters will also be asked to approve purchasing two buses.
This document summarizes the 2012-13 budget for a school district. It shows that state aid has decreased in recent years while costs like health insurance and retirement have increased substantially. To address the budget gap, the district has eliminated positions over the past two years and may need to cut additional positions or programs. The total budget increase of 0.62% remains within the tax cap limit with an estimated tax rate increase of $1.28 per $1,000 of assessed value.
The Mountain Lakes Board of Education presented its 2010-2011 budget which proposes lowering overall spending by $759,000 compared to the previous year, despite unprecedented budget cuts from the state totaling $1.4 million. This is proposed to be achieved through reducing staff by 12.9 FTE positions for ongoing annual savings of $777,741, virtually suspending capital spending, and continued cost cutting across all areas. Even with these reductions, a proposed tax increase of 2.47% is still required, equivalent to $214 more per average home. The budget aims to maintain educational excellence while respecting fiscal discipline given current economic challenges.
Dr Alonso - Where Baltimore City Schools Are TodaySagesse, Inc.
Dr. Andres Alonso, CEO of Baltimore City Public Schools
“Update on the Status of Baltimore City Schools”
Presentation to The Leadership
January 18, 2011
This presentation was used in a session at the Policy Leadership Academy hosted by Leadership for Education Equity, a political organization that mobilizes, supports and trains Teach for America alumni.
The proposed 2012-2013 budget for the Greenwich Township School District totals $11,734,051, a decrease of $385,757 or 3.4% from the 2011-2012 budget. The budget relies on a proposed tax levy of $9,447,453, which would result in a school tax rate of $1.706 per $100 of assessed property value, an increase of $0.140 from the previous year. The budget focuses on maintaining academic programs and technology while implementing cost savings through shared services.
Pensions Under Pressure: An Update for Global OrganizationsTowers Perrin
This Towers Perrin presentation explores the regulatory environment for defined benefit pension plans around the world and dramatic changes in key markets in 2009. The fast-evolving U.K. regulatory framework is a prime example, as the latest budget proposals pose further complications for pensions. There are, however, actions global companies can make in response.
The document summarizes the Philippine national budget allocation for education from fiscal years 2017 to 2021. It shows that funding has increased each year, with the Department of Education budget rising from ₱543 billion in 2017 to ₱556 billion in 2021. The bulk of funds are spent on personnel services and school operations, while capital outlays have fluctuated between ₱135 billion and ₱19 billion. Key areas that received additional funding include basic education facilities, assistance to students and teachers, and programs supporting continued education during COVID-19.
Presentation To Board Of Trustees 032411Jeff Weiler
The document outlines budget recommendations for an upcoming fiscal year with a $400 million shortfall. It recommends cutting administrative budgets by 20%, increasing class sizes, freezing salary steps and increments, reducing staffing levels, and increasing employee health insurance contributions, among other measures, in order to cut $411 million from the budget. This would eliminate between 2,486 and 5,428 positions out of over 25,000 total positions and result in up to 5,593 total job losses including indirect and induced jobs. The next steps are adoption of the tentative budget in early April and the final budget in mid-May.
The Finance Board proposed budget allocates student fees to various CU programs and services. It approved the base budgets of most programs at 100% plus mandatory increases, while accepting some targeted cuts. Notable allocations included fully funding a capital request from the UMC and increases to Recreation Services and CUSG staff pay. The Board aimed to maximize benefits for students while limiting fee increases in light of construction costs and other constraints.
The proposed budget for Georgetown ISD for the 2011-2012 school year projects a $3.6 million surplus. Revenues are projected to decrease by $2.5 million from the state due to a revenue deficit, while expenditures are projected to decrease by $6.1 million through reductions in staffing and other areas. The budget maintains the tax rate of $1.04 for maintenance and operations and $0.25 for interest and sinking, for a total tax rate of $1.29. Fund balance is estimated to increase from $16 million in 2010-2011 to $19.6 million in 2011-2012.
The document discusses changes to UK tax relief for pension contributions starting in April 2011, including reducing the annual allowance from £255,000 to £50,000 and lifetime allowance from £1.8 million to £1.5 million. It provides examples of how the annual allowance charge is calculated when contributions exceed £50,000 in a year and how unused annual allowances from previous years can be carried forward. The changes may affect those with defined benefit pensions even with relatively small salary increases due to how their pension value is calculated.
Birmingham Energy Savers - preparing for the Green Deal - by Dave AllportsustainableCoRE
The document discusses Birmingham Energy Savers (BES), a Birmingham City Council program to improve building efficiency through the Green Deal. BES aims to deliver the Green Deal by procuring a delivery partner, promoting the program to households, and arranging energy assessments and financing for efficiency upgrades. BES has a goal of upgrading 15,000 homes in a pathfinder project and 45,000 additional homes using public and private funds totaling £1.5 billion. The presentation outlines BES's procurement of a delivery partner through a competitive dialogue process and its Aim High project to field test innovative products in hard to treat homes.
The document provides a summary of the Governor's Education Excellence Commission 2013-14 budget priorities preview. It outlines decreases in state funding for higher education since 2008 and increased tuition costs. It then discusses the economic and tax benefits of higher education for individuals and the state. The top three budget priorities are: 1) compensation increases for faculty and staff, 2) $16 million for mission-based performance funding, and 3) expanding teaching capacity and completions to reach a goal of 66% of Utahns with a postsecondary degree or certificate by 2020. Other priorities include operational costs, program funding, capital development projects, and land acquisitions.
The document discusses smart city initiatives at the KTH ACCESS Center in Stockholm, Sweden. It describes projects including the Stockholm Royal Seaport development, which aims to reduce CO2 emissions below 1.5 tons per person by 2020. It also discusses a Virtual Micro-Grid Laboratory and research into energy efficient building climate control using stochastic model predictive control that accounts for weather and occupancy uncertainties. The proposed control strategies were shown to outperform standard industry controllers in optimizing energy use while maintaining thermal comfort.
A presentation about the cities of the future and their challenges. It also presents the latest (2014) results of the Networked Society City Index by Ericsson and drill in the results for Athens, Greece. The presentation was held at the Smart Cities event organized by Europe Direct City of Athens on December 15, 2014.
Networked society & cities of the futureMaria Boura
Presentation about the Ericsson vision of the Networked Society and how ICT can bring financial, societal and environmental benefits to a city by transforming industries and enabling change makers. It was held at Cluj Innovation Days Conference at Cluj, Romania, on March 19, 2015.
The document discusses plans to transform a former industrial area in Stockholm, Sweden into a sustainable city district called Stockholm Royal Seaport. By 2030, the 263 hectare area will include 12,000 new homes and 30,000 new jobs across 600,000 square meters of commercial space. Developers aim to make it free of fossil fuels and adapted to climate change through sustainable energy, transport, buildings, and recycling systems. Over 40 developers and 30 architects are involved in constructing housing, offices, and renovating the former gasworks area in accordance with the vision of creating a world-class sustainable city district.
How to maximize smart city & energy efficiency replication potential - commun...Alec Walker-Love
Selected examples of communications initiatives from projects working to make European cities smarter & more efficient faster. From technical stakeholders to citizens and specific residents groups. Examples from CITyFiED, R2CITIES, BRICKER, DIRECTION & REMOURBAN projects (FP7 & H2020)
Document 14 - 16 Black men claim Buffalo Schools discriminated against themwkbw
The 7 Eyewitness News I-Team has been working since August of 2018 to uncover details surrounding a series of racial discrimination complaints filed with New York’s Division of Human Rights against Buffalo Public Schools.
This document summarizes the budget challenges facing a school district. It discusses factors like declining state aid, expense increases, and budget cuts over the past few years. The district is facing a $2.2 million shortfall for the upcoming year. To close the gap, the district plans to use federal stimulus funds, reserves, retirements, and cuts. Options are presented to increase taxes/levy to restore some positions or programs. Voters will also be asked to approve purchasing two buses.
This document summarizes the 2012-13 budget for a school district. It shows that state aid has decreased in recent years while costs like health insurance and retirement have increased substantially. To address the budget gap, the district has eliminated positions over the past two years and may need to cut additional positions or programs. The total budget increase of 0.62% remains within the tax cap limit with an estimated tax rate increase of $1.28 per $1,000 of assessed value.
The Mountain Lakes Board of Education presented its 2010-2011 budget which proposes lowering overall spending by $759,000 compared to the previous year, despite unprecedented budget cuts from the state totaling $1.4 million. This is proposed to be achieved through reducing staff by 12.9 FTE positions for ongoing annual savings of $777,741, virtually suspending capital spending, and continued cost cutting across all areas. Even with these reductions, a proposed tax increase of 2.47% is still required, equivalent to $214 more per average home. The budget aims to maintain educational excellence while respecting fiscal discipline given current economic challenges.
Litchfield, NH School District Deliberative Session 2014Derek Barka
This document provides information for the Litchfield School District's 2015 budget deliberative session. It includes the proposed operating budget totaling $20,931,024.57, which is a 0.3% decrease from the previous year. It also includes estimated tax impacts and breakdowns of revenues and expenditures. Two warrant articles are discussed - the first for approval of the operating budget and the second for approval of a collective bargaining agreement that would increase salaries over the next three years. Concerns around maintaining competitive salaries and reducing health insurance costs are addressed.
This document summarizes a school district's 2012-2013 budget. It discusses declining state aid, cuts made over the past two years including positions and programs, drivers of increased costs like health insurance and retirement costs, proposed cuts for the coming year including positions and programs, keeping the budget within the tax cap with a estimated tax rate increase of 1.27%, and asking voters to approve the $20,506,817 budget and elect a school board candidate.
The document provides information from a 2012-2013 community budget forum for the Berne-Knox-Westerlo Central School District. It outlines the district's budget development process, assumptions for the upcoming years including increases to health insurance and state aid, proposed staffing changes that reduce costs, the technology plan, historical state aid amounts, efforts to reduce costs through bids and mergers, and upcoming budget dates.
The document outlines the 2012-13 budget for a school district. It discusses the district's obligation to provide a sound basic education to all students according to a 2003 court ruling. The budget faces cuts of at least $800,000 to account for rising healthcare and retirement costs as well as modest salary increases. Further deficit spending and reliance on reserves is not sustainable and will compound the district's financial problems.
This budget summary outlines the key details of the Loyalsock Township School District's 2016-2017 general fund budget. It projects total expenditures of $21,670,056 and revenues of $21,111,585, resulting in a deficit of $558,471 that will be covered by fund balance. Revenues are projected to increase 1.51% over the prior year. This budget proposes a property tax millage rate increase of 0.40 mills to cover costs. Major expenditure drivers include salary and benefit increases, higher retirement contribution rates, and debt service costs.
The proposed FY14 school budget totals $42.6 million, a 4.93% increase over FY13. Major factors driving the increase include restoring positions cut in previous years due to enrollment growth, addressing a backlog of needs, and new initiatives. Personnel costs, the largest expense, are projected to rise 6.37% to $34.4 million. If approved, the budget would fund additional teachers, support staff, a librarian, and programs while modestly increasing most other line items. Offsets from grants and fees would lower the net budget increase to 4.93%.
The proposed FY14 school budget for Hingham Public Schools totals $42,568,038, an increase of $2,000,718 or 4.93% over FY13. Major factors contributing to the increased budget include restoring positions that were previously cut, addressing increased enrollment needs, and funding initiatives to enhance existing programs. If approved, the budget would fund restoration of positions in areas like libraries, technology support, and special education, as well as adding teachers for projected increased enrollment.
The document summarizes the budget challenges facing a public school district. It discusses factors affecting both revenue, such as declining state aid, and expenses, including staff reductions. While the district faced a budget decrease of 1.44%, it applied funds from federal grants and reserves to minimize cuts. The budget vote proposes a $20 million budget for the upcoming year along with purchasing two new buses.
The document provides an overview and summary of COVID relief funds received by the North Carolina Department of Public Instruction from three main sources: the Coronavirus Relief Fund, Governor's Emergency Relief Fund, and Elementary and Secondary School Emergency Relief Fund. It outlines how the funds have been allocated across various purposes including connectivity, devices, school nutrition, summer learning, mental health support, and more. Charts show the allocation amounts and expenditures to date for each funding source and purpose. The outstanding funds available and timelines for use are also noted.
The document summarizes the current early retirement plan and costs for MCC, including:
- Special incentive payments that are a percentage of salary based on age and years of service, averaging $700,000 annually.
- Insurance benefits for retirees that cost $2.6 million annually.
- Premium pay for 69 early retirees who are reemployed, costing $1.6 million annually.
The total annual cost of the current early retirement plan is $4.9 million. The document also outlines an option to implement a "Rule of 80" retirement eligibility with incentive payments only and discontinue insurance benefits after July 1, 2013 to reduce costs.
The Half Hollow Hills Central School District proposed a 3.45% budget increase for the 2009-2010 school year totaling $202,949,762. This preliminary budget aims to support the district's educational mission while maintaining financial integrity amid declines in state aid and potential new unfunded mandates. It reduces costs through staffing and program adjustments but continues supporting students' academic achievement and well-being.
The document summarizes the current early retirement plan and costs for MCC, including an incentive payment, insurance benefits for retirees, and premium pay for reemployed retirees. It shows the annual costs total around $4.9 million. It then presents an option to implement a "Rule of 80" retirement plan on July 1, 2013 that would provide a reduced incentive payment but discontinue retiree insurance benefits. This option shows the annual costs decreasing over time as current retirees are no longer receiving insurance benefits.
The Superintendent's budget recommendations for the 2010-11 school year reflect limited financial resources and the School Board's strategic priorities. Four budget tiers are proposed with decreasing funding: Tier 1 represents a 0.9% budget cut; Tier 2 a 2.5% cut; Tier 3 a 6.4% cut; and Tier 4 a 9.5% cut. Each subsequent tier includes additional reductions to staffing, programs, materials, and benefits to achieve further savings. Enrollment is projected to increase by 41 students but no new funds are allocated for associated costs under any tier.
Battle Ground Public Schools Levy Presentation February 25, 2013scottmcd
The document summarizes how Battle Ground School District receives funding and the impact of losing levy funding. It receives funding from the state based on enrollment and staffing levels, special grants, fees, and local levies. Without levy funding, the district would need to cut over $17 million from its budget, reducing staffing and increasing class sizes significantly. This would impact the district's ability to maintain current program and service levels.
Similar to FY11 School Committee Approved Budget (20)
Battle Ground Public Schools Levy Presentation February 25, 2013
FY11 School Committee Approved Budget
1. Cumberland Public Schools:
“A Smart District Getting
Smarter”
Budget Presentation
to the Cumberland School Committee
February 18, 2010
2. Primary Goals of
Budget Presentation
Define student needs and district initiatives
requiring financial support in upcoming school
year
Create awareness of state and local fiscal issues
impacting FY 2010-2011 budget
Provide an overview of the key budget drivers in
the FY 2008-2009 budget
4. Fact versus Myth
Fact: The district has embraced zero-based budgeting practices,
rather than traditional incremental budgeting methods.
Fact: Multiple sources of data have been used to support the
proposed FY 11 budget and no recommendation within the
proposed budget can be considered in isolation.
Fact: Reconciling the budgets for FY 06 through FY 10
impacted the Leadership Team’s recommendations to support
student learning by almost 7 million dollars in areas including
staffing, capital improvements, tuitions and technology &
required the consolidation of JJM Cumberland Hill School and
relocation of Cumberland Preschool Center.
5. Key Strategies
Comply with the law
Respond to the highest priorities through
analysis of resources
Embrace zero-based budgeting practices
Develop integrated proposals that balance the
urgency for “accountability for learning” with
the economic climate at the state and local level
6. Background of
Budget Development
Increasing urgency for “accountability for learning”
for the state, district, school and student
Balanced by…
Acknowledgement of economic climate at the
national, state and local level
7. What’s in a Headline?
McKee urges extra tax (December 23, 2009)
With cash running low, McKee warns community about cutbacks,
cancels projects (February 4, 2010)
Report shows new way to divvy up school aid (February 4, 2010)
Budget ax cuts 24 teachers (February 28, 2010)
Valley Breeze Headlines
8. Budget Workshop Topics
Support for Student Learning
Through a targeted reallocation of funds, a minimum threshold
of support is provided at the preschool, elementary, middle
and high school levels to support improved student
achievement. This imperative to address “accountability
for learning” is central to the mission, vision and goals of
the Cumberland Public Schools.
9. Budget Workshop Topics
Staffing Analysis and Recommendations
A detailed review of the personnel recommendations for
FY 11 will be presented based on enrollment, state
mandates, local initiatives and funding considerations.
The proposed FY 11 budget includes an overall
reduction of thirty-four [34] certified, non-certified and
administrative positions.
10. Budget Workshop Topics
Retirement Incentive Proposal
The FY 11 Budget includes a Retirement Incentive Proposal for all
eligible employees of the Cumberland Public Schools. The
district calculates that the proposal could provide
approximately $500,000 savings.
11. Budget Workshop Topics
Elementary School Design Proposal
The fiscal year 2011 budget seeks the School Committee’s approval of the following
recommendation:
That the Cumberland School Committee approve an Elementary School Design for
the 2010-2011 school year and beyond for the Cumberland Public Schools which
includes the following grade configurations:
Ashton School Grades Preschool & Kindergarten
BF Norton School Grades 1, 2, 3
Garvin Memorial School Grades 4, 5
Community School Grades 1, 2, 3
John J McLaughlin Cumberland Hill Grades 4, 5
Through more equitable distribution of resources, the district believes it can create
advantages for student learning while, at the same time, create savings for
the district estimated at $500,000.
12. Discussion
February 18, 2010
FY 11 Budget Overview
Review of Major Revenue and Expenditure
Increases/Decreases
Discussion and/or Vote on Retirement
Incentive Proposal
Next Steps
13. FY 2010-2011 Budget
Revenue Adjustments
Fiscal Year 2010 General Fund Budget $52,232,084
Town Appropriation 1.0% Increase 362,024
State Aid 7.24% Reduction (825,609)
Federal Stabilization Funds 28.9% Reduction (189,780)
Retiree & COBRA Health/Life Insurance (195,332)
Medical Employee Co-Pays 87,000
Medicaid Reimbursement 50,000
Preschool Tuitions 39,875
Fund Balance (Surplus) 30.0% Reduction (257,585)
All other 79,374
Fiscal Year 2011 Proposed General Fund Budget $51,382,051 -1.6%
DECREASE
14. FY 2010-2011 Budget
Expenditures
Fiscal Year 2010 General Fund Budget $52,232,084
Salaries 564,508
Healthcare Claims 228,297
Retirement (40,820)
Other Fringes 50,672
Transportation (172,141)
Utilities 42,221
Special Education Tuitions/Therapists (214,390)
Health Administrative Fee 34,880
Capital Equipment (69,101)
Charter School Tuitions 268,161
Curriculum Support (Literacy/Reading) 175,000
Technology Maintenance/Licensing 110,787
Elementary School Design Proposal (497,030)
Retirement Incentive (498,519)
Personnel/Program Reductions/Concessions (897,000)
All Other (181,892)
Fiscal Year 2011 Proposed General Fund Budget $52,352,188 - 1.63%
DECREASE
15. Budget Workshop Topics
Retirement Incentive Proposal
The Fiscal 2011 Budget includes a Retirement Incentive Proposal
for all eligible employees of the Cumberland Public Schools.
The district calculates that the proposal could provide
approximately $500,000 savings.
16. Retirement Incentive Proposal
Purpose of the Proposal
Purpose of the retirement incentive is to effectuate savings for
the school district for the 2010-2011 budget which will be
affected by restricted funding from the Town of Cumberland
and the reduction in state education aid from the State of
Rhode Island
Proposal is designed on a minimum threshold of twenty [20]
certified teachers applying inclusive of the certified teachers
who have already provided letters of retirement to date
21. Next Steps
Budget Workshops
Cumberland High School Auditorium
2600 Mendon Road
Wednesday, February 24, 2010 7:00 pm
Staffing Analysis
Elementary School Design Proposal
Saturday, February 27, 2010 9:00 am
Discussion and/or Vote on FY 11 Budget