BUDGET PRESENTATION & ANNUAL MEETING. Proposed Budget

Transcription

1 SCHOOL DISTRICT OF NEW RICHMOND Inspire Every Student to Learn to His or Her Potential BUDGET PRESENTATION & ANNUAL MEETING Proposed Budget High School Auditorium 650 E. Richmond Way Monday, September 19, :00 PM

2 SCHOOL BOARD (April Election - Three-Year Term) Term Expires Richard Hinz, President Paula Kolbeck, Vice President Chris Skoglund, Clerk Rollyn Wold, Treasurer Marilyn Duerst, Member Gregory Gartner, Member Dr. Neal Melby, Member ADMINISTRATIVE STAFF Patrick Olson... District Administrator Brian Johnston... Director of Fiscal & Building Operations Jessica Ferguson... Director of Curriculum & Instruction Kathryn Rogers... Director of Student Services Thomas Wissink... High School Principal Douglas Hatch... Middle School Principal Michael Ballard... Paperjack Elementary Principal Daniel McGuire... Starr Elementary Principal Frank Norton... Hillside Elementary Principal Jeffrey Swanson... High School Assistant Principal Michele Wood... Middle School Assistant Principal Casey Eckardt... Director of Athletics/Activities Cheryl Emerson... Director of Community Education Bobbie Guyette... Supervisor of School Nutrition Robert Parent... Supervisor of Buildings & Grounds

3 ANNUAL MEETING OF THE SCHOOL DISTRICT OF NEW RICHMOND High School Auditorium New Richmond, Wisconsin September 19, :00 P.M. MEETING AGENDA 1. Call to Order, Vice President of the School Board... Paula Kolbeck 2. Announcements A. Election of Board of Education Members. Board of Education members in this district are elected in April. This year the terms of Neal Melby and Marty Wold expired. A two-year term was also on the ballot to complete the term of the present board-appointed incumbent due to the resignation of Larry Moore on June 30, Neal Melby and Greg Gartner were elected to three year terms and Marty Wold was elected to a two year term. B. Each speaker addressing the chair should state his or her name and address. C. Participation in voting is restricted to district residents. D. All voting will be voice votes unless a division of the house is specifically requested. 3. Election of Chairperson 4. Minutes of the Annual District Meeting held September 21, 2015 were approved on that date. Is there a request to have the minutes of the 2015 Annual Meeting read at this time? 5. Unfinished Business 6. New Business - A. Superintendent's Report... Patrick Olson B. Presentation of the Budget... Brian Johnston C. Resolution A To adopt the Tax Levy D. Resolution B To authorize the School Board to make temporary loans for current operation according to statutory requirements. E. Resolution C To authorize the sale of school property not needed for school purposes. F. Resolution D To establish salaries for School Board members (Currently members of the Board of Education are paid a salary of $3000 per year. In addition to a salary, board members shall be paid a per diem of $40 for each portion a portion of a day being five or less hours spent on School District business such as training, conferences and attendance at regional, statewide and national meetings. For each full day a full day being more than five hours of attendance a per diem of $80 shall be paid.) G. Resolution E To authorize the reimbursement of Board members for actual and necessary expenses incurred when traveling in performance of duties. H. Resolution F To authorize the establishment of accident insurance for students. I. Resolution G To authorize the Board of Education to set the date of 2017 Annual School District Meeting for Monday, September 18, 2017 at 6:00 P.M. at a location determined by the Board of Education and the Administrative Staff. 7. Other Business - A. Minutes of this meeting approved before adjournment. 8. Adjournment

4 PROPOSED BUDGET AND LEVY BUDGET AND ANNUAL MEETING SEPTEMBER 19,

5 MILL RATE AND TAX EXAMPLE ACTUAL ACTUAL ACTUAL BUDGET Equalized Valuation $ 1,130,600,491 $ 1,177,926,604 $ 1,249,288,114 $ 1,312,000,000 Increase from Previous Year 1.58% 4.19% 6.06% 5.02% ACTUAL ACTUAL ACTUAL PROPOSED TAX LEVY General Fund $ 6,480,618 $ 7,206,790 $ 7,674,480 $ 7,502,656 Debt Service 6,403,303 6,699,397 7,035,785 7,195,965 Community Education 200, , , ,680 $ 13,084,601 $ 14,106,867 $ 14,910,945 $ 14,899,301 % Increase From Previous Year -7.10% 7.81% 5.70% -0.08% 2

6 EQUALIZED VALUES BY COUNTY County Barron Chippewa Dunn Eau Claire Pepin Pierce Polk St. Croix 2015 Total Equalized Value 2016 Total Equalized Value Total $ Change % Change 3,851,192,500 3,967,773, ,581, % 4,971,654,200 5,147,835, ,181, % 2,802,596,500 2,911,346, ,750, % 7,499,941,900 7,850,311, ,369, % 565,217, ,779,500 31,562, % 2,996,430,700 3,092,942,200 96,511, % 4,229,718,700 4,353,964, ,245, % 8,062,750,500 8,592,656, ,906, % State Total 490,602,544, ,124,328,250 14,521,784, % 3

7 EQUALIZED VALUE $1,500,000,000 $1,400,000,000 $1,300,000,000 $1,200,000,000 $1,100,000,000 $1,000,000,000 $900,000,000 $800,000,000 $700,000,000 $600,000,000 $500,000,000 $400,000,000 4

8 TAX LEVY HISTORY AND PROPOSED LEVY ACTUAL ACTUAL ACTUAL PROPOSED INCREASE MILL RATE (DECREASE) General Fund Debt Service Community Education Wisconsin K-12 District Average TAX EXAMPLE ACTUAL ACTUAL ACTUAL PROPOSED INCREASE Assessed Property Value (DECREASE) $100,000 $1,157 $1,198 $1,194 $1,136 ($58) $150,000 $1,736 $1,796 $1,790 $1,703 ($87) $200,000 $2,315 $2,395 $2,387 $2,271 ($116) 5

9 AREA SCHOOLS MILL RATES Mill Rates

10 7 BOND REQUIREMENTS TO DATE Original Projection Payments REFERENDUM DEBT SERVICE Original Payments Less Aid Actual Tertiary Aid % Actual Payments Difference Acutal Less Aid Difference ,063,099 1,063,099 1,010,635 1,010, % ,260,746 2,116,371 (144,375) 2,208,654 2,065,342 (143,312) 4.80% ,691,300 3,243,436 (447,864) 3,580,523 2,942,911 (637,612) 14.20% ,346,281 3,996,758 (1,349,523) 5,165,407 3,455,104 (1,710,303) 16.70% ,181,651 4,314,808 (1,866,843) 5,919,683 3,351,589 (2,568,094) 24.10% ,630,708 4,963,262 (1,667,446) 6,327,807 3,923,393 (2,404,414) 29.20% ,025,394 5,545,012 (1,480,382) 6,707,120 4,095,739 (2,611,381) 32.17% ,458,894 6,137,082 (1,321,812) 7,093,409 3,981,125 (3,112,284) 35.13% ,930,938 6,526,111 (1,404,827) 7,542,322 4,333,338 (3,208,984) 33.60% ,378,625 6,856,226 (1,522,399) 7,968,072 4,530,594 (3,437,478) 33.92% ,592,363 6,936,368 (1,655,995) 8,171,337 4,645,979 (3,525,358) 33.02% Refunding Issues During December 2012 Reduced future payments by $1,567,039 March 2013 Reduced future payments by $1,817,337 May 2014 Reduced future payments by $841,539 December 2015 Reduced future payments by $900,608

11 GENERAL FUND BALANCE GENERAL FUND (FUND 10) Audited Unaudited Budget Beginning Fund Balance (Account ) 6,486,695 7,214,712 8,327,690 Ending Fund Balance, Nonspendable (Acct ) Ending Fund Balance, Restricted (Acct ) Ending Fund Balance, Committed (Acct ) 687, , ,230 Ending Fund Balance, Assigned (Acct ) Ending Fund Balance, Unassigned (Acct ) 6,527,482 7,636,322 6,758,009 TOTAL ENDING FUND BALANCE (ACCT ) 7,214,712 8,327,690 7,445,239 8

12 LOCAL REVENUE SOURCES REVENUES & OTHER FINANCING SOURCES Audited Unaudited Budget Transfers-in Local Sources 210 Taxes 7,238,800 7,697,511 8,144, Payments for Services 0 24, Non-Capital Sales 97, ,956 89, School Activity Income 71,514 86,424 63, Interest on Investments 10,125 15,970 14, Other Revenue, Local Sources 57, ,124 42,000 Subtotal Local Sources 7,475,439 8,047,747 8,353,305 9

13 STATE AID VS GENERAL PROPERTY TAXES 25,000,000 22,697,441 23,059,402 23,911,724 21,637,005 20,000,000 20,255,927 15,000,000 Property Taxes State Aids 10,000,000 Federal 8,175,481 6,480,618 7,206,790 7,674,480 7,502,656 5,000, , , , , ,

14 EQUALIZED VALUE PER MEMBER $550,000 $500,000 $450, , ,719 $400, , , ,094 $350, , , , ,894 $300,000 $250,000 $200,000 11

15 ENROLLMENT IN FTE 3,500 3,400 3, , ,100 3,000 2, ,800 2,700 2,600 2,500 12

16 AID MEMBERSHIP 3, ,300 3,200 3, , , ,800 2,700 2,600 13

17 PAYMENTS FROM OTHER SCHOOLS AND CESA PAYMENTS FROM OTHER SCHOOLS & SOURCES Audited Unaudited Budget Other School Districts Within Wisconsin 310 Transit of Aids Payments for Services 795, , , Medical Service Reimbursements Other Inter-district, Within Wisconsin 4,500 3,500 4,000 Subtotal Other School Districts within Wisconsin 799, , ,000 Other School Districts Outside Wisconsin 440 Payments for Services Other Inter-district, Outside Wisconsin Subtotal Other School Districts Outside Wisconsin Intermediate Sources 510 Transit of Aids 12,532 11,925 12, Payments for Services from CCDEB Payments for Services from CESA Medical Services Reimbursement Other Intermediate Sources Subtotal Intermediate Sources 12,532 11,925 12,000 14

18 STATE REVENUE SOURCES STATE SOURCES Audited Unaudited Budget State Sources 610 State Aid -- Categorical 692, ,772 1,044, State Aid -- General 21,958,551 22,261,617 22,800, DPI Special Project Grants 0 29,476 22, Payments for Services Student Achievement Guarantee in Education (SAGE Grant) Other State Revenue Through Local Units 32,755 29,990 33, Other Revenue 13,327 12,547 12,574 Subtotal State Sources 22,697,441 23,059,402 23,911,724 15

19 FEDERAL REVENUE SOURCES FEDERAL SOURCES Audited Unaudited Budget Federal Sources 710 Transit of Aids Impact Aid DPI Special Project Grants 88,096 76,228 41, IASA Grants 247, , , JTPA Other Federal Revenue Through Local Units Other Federal Revenue Through State 44,265 24,741 50, Other Federal Revenue - Direct Subtotal Federal Sources 379, , ,240 16

20 OTHER REVENUE SOURCES AND TOTAL REVENUE OTHER SOURCES AND REVENUE Audited Unaudited Budget Other Financing Sources 850 Reorganization Settlement Compensation, Fixed Assets 0 5,300 1, Long-Term Obligations Subtotal Other Financing Sources 0 5,300 1,500 Other Revenues 960 Adjustments 28,688 17,603 30, Refund of Disbursement 79,438 80,329 75, Medical Service Reimbursement Miscellaneous 3,639 1,614 2,000 Subtotal Other Revenues 111,765 99, ,000 TOTAL REVENUES & OTHER FINANCING SOURCES 31,476,687 32,521,056 33,622,769 17

21 MAJOR ITEMS 5.0 Classroom Teachers K Special Education Support Staff Teacher wage increase of 1.50% $1,400 Supplemental wage increase for Teachers Support Staff wage increase of 1.75% 3% Health Insurance Increase Demolition of Old Middle School $1,500,000 18

22 EXPENDITURES GENERAL FUND Salaries 13,505,644 13,803,453 14,485,527 14,828,493 15,262,307 Employee Benefits 5,799,288 5,889,346 6,109,480 6,119,712 6,450,743 Purchased Services 4,397,104 5,043,557 4,913,944 5,149,117 5,586,936 Non- Capital Objects 1,502,937 2,052,321 1,753,724 1,679,325 1,977,876 Capital Objects 272, , , ,436 1,633,862 Debt Retirement 15,569 5,245 10,767 17,259 26,000 Insurance 268, , , , ,000 Non-Program Transactions 2,295,729 2,576,566 2,762,428 2,905,443 3,220,926 Other Objects 53,888 44,206 51,284 83,529 51,570 Total 28,110,448 30,188,963 30,748,434 31,408,078 34,505,220 19

23 EXPENDITURES GENERAL FUND $16,000,000 $15,000,000 $14,000,000 $13,000,000 $12,000,000 $11,000,000 $10,000,000 $9,000,000 $8,000,000 $7,000,000 $6,000,000 $5,000, $4,000,000 $3,000,000 $2,000,000 $1,000,000 $- 20

24 EXPENDITURES Debt Retirement 0.05% Insurance 0.80% Non-Program Transactions 9.25% Other Objects 0.27% Capital Objects 1.19% Non- Capital Objects 5.35% Salaries 47.21% Purchased Services 16.39% Employee Benefits 19.48% 21

25 PROPOSED EXPENDITURES Debt Retirement 0.08% Insurance 0.85% Non-Program Transactions 9.33% Capital Objects 4.74% Other Objects 0.15% Non- Capital Objects 5.73% Salaries 46.83% Purchased Services 16.19% Employee Benefits 18.69% 22

26 COST PER STUDENT COMPARISON BETWEEN YEARS Wisconsin Department of Public Instruction 4-Year Comparative Cost Summary Survey New Richmond DISTRICT TOTALS MEMBERSHIP CURRENT EDUCATION COST (CEC) INSTRUCTION $ 17,842,409 $17,753,291 $18,740,423 $19,757,666 PUPIL/STAFF/SUPPORT $ 2,317,565 $2,245,808 $2,308,381 $2,367,103 OPERATION/ADMINISTRATION/OTHER $ 8,436,817 $7,890,897 $8,717,921 $8,158,471 TOTAL CURRENT EDUCATION COST (TCEC) $ 28,596,791 $ 27,889,996 $29,766,725 $30,283,240 TCEC PER MEMBER $ 9,169 $ 8,710 $9,296 $9,269 STATE AVG TCEC PER MEMBER $ 10,515 $10,515 $10,689 $10,911 DIFFERENCE OVER (UNDER) STATE AVERAGE $ (1,346) $ (1,805) $ (1,393) $ (1,642) Rank 11 23

27 INSTRUCTION EXPENSES EXPENDITURES & OTHER FINANCING USES Audited Unaudited Budget Instruction Undifferentiated Curriculum 6,554,147 6,617,229 6,646, Regular Curriculum 6,700,660 6,742,657 7,469, Vocational Curriculum 724, , , Physical Curriculum 719, , , Co-Curricular Activities 652, , , Other Special Needs 143, , ,120 Subtotal Instruction 15,493,938 15,662,355 16,542,857 24

28 SUPPORT EXPENSES SUPPORT SERVICES Audited Unaudited Budget Support Sources Pupil Services 780, , , Instructional Staff Services 909,916 1,152, , General Administration 454, , , School Building Administration 1,483,353 1,554,347 1,571, Business Administration 5,958,013 5,768,292 7,646, Central Services 501, , , Insurance & Judgments 268, , , Debt Services 10,767 17,259 26, Other Support Services 624, , ,118 Subtotal Support Sources 10,990,178 10,992,654 12,898,437 25

29 NON-PROGRAM EXPENSES AND TOTAL EXPENSES NON-PROGRAM EXPENSES AND TOTAL EXPENSES Audited Unaudited Budget Non-Program Transactions Inter-fund Transfers 2,762,664 2,905,443 3,220, Instructional Service Payments 1,499,958 1,810,969 1,836, Other Non-Program Transactions 1,932 36,657 7,000 Subtotal Non-Program Transactions 4,264,554 4,753,069 5,063,926 TOTAL EXPENDITURES & OTHER FINANCING USES 30,748,670 31,408,078 34,505,220 26

30 SPECIAL EDUCATION FUND SPECIAL PROJECT FUNDS (FUNDS 21, 23, 27, 29) Audited Unaudited Budget Beginning Fund Balance 64,709 99,975 80, Ending Fund Balance 99,975 80,980 80,980 TOTAL REVENUES & OTHER FINANCING SOURCES 4,587,021 4,718,880 4,959, Instruction 3,466,255 3,656,397 3,880, Support Services 963, , , Non-Program Transactions 122, ,325 94,000 TOTAL EXPENDITURES & OTHER FINANCING USES 4,551,755 4,737,875 4,959,180 27

31 DEBT SERVICE FUND DEBT SERVICE FUND (FUNDS 38, 39) Audited Unaudited Budget Beginning Fund Balance 1,901,815 1,897,716 1,856, ENDING FUND BALANCES 1,897,716 1,856,250 1,914,870 TOTAL REVENUES & OTHER FINANCING SOURCES 7,421,444 17,757,410 7,898, Long-Term Capital Debt 7,248,089 7,618,669 7,839, Refinancing 0 9,996, Operational Debt Post Employment Benefit Debt Other Long-Term General Obligation Debt 177, , Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 7,425,543 17,798,876 7,839, INDEBTEDNESS, END OF YEAR 85,565,000 82,775,000 78,080,000 28

32 FOOD SERVICE FUND FOOD SERVICE FUND (FUND 50) Audited Unaudited Budget Beginning Fund Balance 268, , , ENDING FUND BALANCE 267, , ,691 TOTAL REVENUES & OTHER FINANCING SOURCES 1,661,554 1,702,581 1,702, Support Services 1,662,683 1,631,161 1,702, Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 1,662,683 1,631,161 1,702,400 29

33 COMMUNITY SERVICE FUND COMMUNITY SERVICE FUND (FUND 80) Audited Unaudited Budget Beginning Fund Balance 21,007 (48,791) (71,653) ENDING FUND BALANCE (48,791) (71,653) (63,863) TOTAL REVENUES & OTHER FINANCING SOURCES 458, , , Support Services 334, , , Community Services 193, , , Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 527, , ,090 30