Superintendent s Proposed FY 2017 Budget Summary

Transcription

1 Excellence by Design Superintendent s Proposed FY 2017 Budget Summary Fauquier County Public Schools January 27, 2016

2 Local 63.2% Revenues FY 2017 Proposed Revenues Other 0.5% State 33.5% Federal 2.8% Impact of Local Composite Index (LCI) Adjustment (.5586 to.5827) = *$1.7m. 5 th highest increase and 19 th highest Composite Index out of 135. *The net loss is ~$8K when factoring in additional funding included in the Governor s proposed FY17 budget

3 Savings Description Amount 1 *Annual Adjustment (actual breakage ) $754, Use of FY17 Contingency (anticipated breakage ) $486,000 **CSA Program: Change in Service Delivery Strategy (12 students) $163,606 Operational Reductions (fuel, extra periods, homebound services, etc.) $521,000 Total Savings $1,924,606 *41 retirees last year **Net savings for County Government

4 State Revenues Governor s Proposed Budget: Goal: Return to FY09 Funding Levels Net Impact to FCPS: Off-set by LCI, net reduction is $8,341 Academic Outcome: Includes funding for 10 new teaching positions (SOQ funded positions, linked to LCI = $26K per position)

5 Local Composite Index (LCI) Fiscal Yr. *VRS **LCI Local Funding Notes % No increase % No increase % m % m Used to fund VRS Increase and health benefits increase % m % m Proposed % Trend: * Percentage of creditable compensation required **Locality's ability to for pay for education costs fundamental to VA Standards of Quality

6 By Category Expenditure Summary By Use *Almost 80% of the expenditure budget is dedicated to providing instruction. **Salary and Benefits = 89.3% of total expenditure budget.

7 Required Benefit Increases $552k VRS (14.06% to 14.66%) $421k Health Insurance (1%) $100k Other $31k Group Life Insurance Health Care Credit VRS-Local

8 Additional Considerations: Since 2009 our share of local revenues (NOT including consolidated services and debt) has decreased from 51.9% in FY2011 ($84,139,838) to 47.9% in FY2016($82,098,708). If our local share were still 51.9%, the local investment in education would be approximately $6 million higher. Below is a summary of the local school transfer. School Transfer as a % of FY06 FY07 FY08 FY09 FY10 FY11 FY12 FY13 FY14 FY15 FY16 Trend Budgeted Total 54.0% 50.0% 51.5% 51.9% 52.8% 50.7% 49.9% 49.0% 48.7% 48.2% 47.9% GF Revenue Budgeted GF Revenue 69.7% 62.6% 65.8% 64.3% 67.0% 63.6% 62.5% 61.4% 60.9% 60.2% 60.1% Excluding Designated Funds Between 2011 and 2016 VRS costs have increased $4,008,628 and the local contribution to schools has increased $5,206,480 Regarding need for a significant compensation increase for teachers and staff.

9 Compensation:

10 Request for Additional Local Funding 3.1 Million Buses: $210k Compensation Increase: Town of Warrenton Water Increase: $2.8m $ 45k *New Positions (10): $545k MVGS 10 th Grade: Technology support: $ 68k $ 77k Market Study/Position reclassifications: $463k VRS/Health Benefits/Group Life: $552k Sub-total: $4.8m Identified Savings: ($1.7m) Total (Local Request): $3.1m *The net position increase is seven (FCPS is reducing three current positions). The total local cost after adjustment is $115,832. See next slide for details)

11 Positions Proposed FY2017 Budget Increase/(Decrease) Cumulative Totals Service Description Budget FTE Budget FTE Pre-school Teacher and IA $ 104, $ 104, Transition Specialist 61, , Special Education Teachers 123, , High School Test Coordinators 154, , Alternative Placement Program 163, , Elimination of Special Ed IAs (61,904) (3.0) $ 545, Additional State funding for positions $ (266,831) Additional Local funding for Alternative Program (163,000) $ (429,831) Cost of proposed positions $ 115,832

12 FY 2018 Plan FY 2017 FY 2018 Amount Percent Revenue Proposed Plan Change Change Other $ 721,400 $ 721,400 $ - 0.0% State $ 45,093,007 $ 46,118,053 $ 1,025, % Federal $ 3,720,367 $ 3,720,367 $ - 0.0% Local Transfer $ 85,171,014 $ 88,467,271 $ 3,296, % $ 134,705,788 $ 139,027,091 $ 4,321, % FY 2017 FY 2018 Amount Percent Expenditures Proposed Plan Change Change Instruction $ 103,004,871 $ 106,424,507 $ 3,419, % Admin, Attendance & Health $ 5,673,349 $ 5,851,015 $ 177, % Pupil Transportation $ 8,888,568 $ 9,048,205 $ 159, % Operations and Maintenance $ 10,329,399 $ 10,429,416 $ (87,336) 1.0% T echnology $ 4,469,138 $ 4,670,793 $ 201, % Fund Transfers $ 2,340,463 $ 2,603,155 $ 262, % Total $ 134,705,788 $ 139,027,091 $ 4,133, %

13 Development to Adoption School Board Receives Budget calendar (10/26) 10-Year enrollment projections (10/26) Administration All budget requests due (10/30) Compiles data Begins developing proposal Governor s proposed biennium budget (12/18) Budget work session (2/8) Budget public hearing (2/22) County Admin s budget Presented (2/25) Work sessions as needed School Board adopts final budget (4/25) Oct Dec Feb Apr Nov Jan Mar School Board Retreat (11/7) Finalize two-year budget goals Debt CIP discussion Pre-Budget Public Hearing (11/24) Administration Prioritizes all needs/requests Completes all cost analysis Begins developing two-year budget in conformance with goals School Board adopts Debt CIP (1/11) Superintendent s Budget presented to School Board (1/25) County Administrator s Proposed CIP to BOS BOS budget work sessions (3/3, 3/8, 3/15) Joint BOS/School Board Work Session (3/10) Adopt Superintendent s proposed budget (3/14) BOS public hearing (3/17) Mark up/mark down (3/28) Adoption of County s budget and tax rates (3/31)