Norristown Area School District Annual Budget PRESENTATION JUNE 10, 2013

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Alberta Wright
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1 Annual Budget PRESENTATION JUNE 10, 2013

2 1 STUDENT ACHIEVEMENT IS OUR NUMBER ONE PRIORTITY AND IS THE MAIN PURPOSE OF OUR EXISTENCE 3 OUR SCHOOLS ARE PART OF THE LARGER COMMUNITY 5 8 OUR ACTIONS WILL BE CHARACTERIZED BY TRUST, RESPECT, FAIRNESS,TRUTH, AND TRANSPARENCY WE ARE COMMITTED TO MAINTAINING FINANCIAL STABILITY AND ACCOUNTABILITY In February 2012, the NASD School Board adopted eight core values, which provide a foundation that guide our actions

3 1 2 Revenue Update: Local, State & Federal Expense Update 3 Wrap Up / Final Questions

4 1 Revenue Update

5 Trends / Projections: Real Estate Taxes Current & Interim Actual Revenue $ 74,726,436 Actual Revenue $ 75,739,318 Budgeted Revenue $ 77,654,175 Projected Revenue (@ Jan 2013) $ 77,425,000 Projected Revenue (@ May 2013) $77,825,000 Projected Revenue (@ June 2013) $ 78,325,000 Preliminary Budgeted Revenues $ 82,220,000 Proposed Final Budget (May 2013) $79,904,000 Final Budgeted Revenues (June 2013) $ 79,655,000 For , final collections trends / projections indicate that these revenues will generate $ 670k more than budgeted Positive growth in collections and assessments!

6 Trends / Projections: Real Estate Taxes Current & Interim Delinquent RE Taxes Actual Revenue $ 74,726,436 $ 4,446,896 Actual Revenue $ 75,739,318 $ 4,839,710 Budgeted Revenue $ 77,654,175 $ 4,750,000 Projected Revenue (@ Jan 2013) $ 77,425,000 $ 4,750,000 Projected Revenue (@ May 2013) $77,825,000 $ 4,750,000 Projected Revenue (@ June 2013) $ 78,325,000 $5,850,000 Preliminary Budgeted Revenues $ 82,220,000 $4,750,000 New County Tax Collector Very Effective for NASD Significant Increase in Revenue! Proposed Final Budget (May 2013) $79,904,000 $4,750,000 Final Budgeted Revenues (June 2013) $ 79,655,000 $ 5,000,000

7 REVENUE PROJECTED CONSERVATIVELY AT $5,850,000 $6,000,000 $5,000,000 $4,000,000 Delinquent RE Taxes RECEIPTS MAY ACTUALLY EXCEED $6,000,000! $3,000,000 $2,000,000 $1,000,000 51% Increase Over 5-Year Period 21% Increase From to $ Actual Revenues Actual Revenues Actual Revenues Actual Revenues Projected Revenue

8 Trends / Projections: Real Estate Taxes Current & Interim Delinquent RE Taxes Earned Income Tax Current & Dlq Actual Revenue $ 74,726,436 $ 4,446,896 $ 5,408,984 Actual Revenue $ 75,739,318 $ 4,839,710 $ 5,439,848 Budgeted Revenue $ 77,654,175 $ 4,750,000 $ 5,625,000 Projected Revenue (@ Jan 2013) $ 77,425,000 $ 4,750,000 $ 6,075,000 Projected Revenue (@ May 2013) $77,825,000 $ 4,750,000 $ 6,350,000 Projected Revenue (@ June 2013) $ 78,325,000 $5,850,000 $ 6,350,000 Preliminary Budgeted Revenues $ 82,220,000 $4,750,000 $ 5,775,000 Proposed Final Budget (May 2013) $79,904,000 $4,750,000 $ 5,925,000 Final Budgeted Revenues (June 2013) $ 79,655,000 $ 5,000,000 $ 5,925,000 EIT Transition to County- Wide Tax Collection System 17% Increase in Revenue

9 Trends / Projections: Norristown Area School District 60% Increase Over Prior Year Real Estate Taxes Current & Interim Delinquent RE Taxes Earned Income Tax Current & Dlq Transfer Tax Actual Revenue $ 74,726,436 $ 4,446,896 $ 5,408,984 $ 742,014 Actual Revenue $ 75,739,318 $ 4,839,710 $ 5,439,848 $ 814,144 Budgeted Revenue $ 77,654,175 $ 4,750,000 $ 5,625,000 $ 800,000 Projected Revenue (@ Jan 2013) $ 77,425,000 $ 4,750,000 $ 6,075,000 $ 1,300,000 Projected Revenue (@ May 2013) $77,825,000 $ 4,750,000 $ 6,350,000 $ 1, Projected Revenue (@ June 2013) $ 78,325,000 $5,850,000 $ 6,350,000 $1,300,000 Preliminary Budgeted Revenues $ 82,220,000 $4,750,000 $ 5,775,000 $ 900,000 Proposed Final Budget (May 2013) $79,904,000 $4,750,000 $ 5,925,000 $900,000 Final Budgeted Revenues (June 2013) $ 79,655,000 $ 5,000,000 $ 5,925,000 $1,100,000

10 Commonwealth Budget not passed yet Still some uncertainty about our federal dollars We assumed an 8% decrease in most line items (relatively accurate) On-going concerns about IDEA & ACCESS funding Recommending reducing ACCESS revenue projections for both and because of problems with new claims processor NASD has 20,000+/- claims waiting to be processed

11 2 Expense Update

12 In addition to adjusting the revenues we expect to receive, we are recommending several additional adjustments to our spending plan for next year: Description Estimated Impact Notes A Conversion of a Maintenance Foreman (Retiring) to a Custodian for NAHS $ 31,000 Savings We will also be reassigning a Skilled position from NAHS to serve the entire District

13 Description Estimated Impact Notes A Conversion of a Maintenance Foreman (Retiring) to a Custodian for NAHS $ 31,000 We will also be reassigning a Skilled position from NAHS to serve the entire District B Conversion of 2 FT Special Education Paraprofessionals to 4 PT positions $ 35,000 Savings We have the opportunity to restructure these positions via attrition

14 Description Estimated Impact Notes A Conversion of a Maintenance Foreman (Retiring) to a Custodian for NAHS $ 31,000 We will also be reassigning a Skilled position from NAHS to serve the entire District B Conversion of 2 FT Special Education Paraprofessionals to 4 PT positions C Conversion of FT 8 hr/day Driver Position to 5 hr/day Driver $ 35,000 We have the opportunity to restructure these positions via attrition $ 55,000 Savings Staff member retired in May 2013 we would like to restructure and delay hiring until late August. Savings will be used to fund vehicle replacement plan.

15 Description Estimated Savings Notes A Conversion of a Maintenance Foreman (Retiring) to a Custodian for NAHS $ 31,000 We will also be reassigning a Skilled position from NAHS to serve the entire District B Conversion of 2 FT Special Education Paraprofessionals to 4 PT positions C Conversion of FT 8 hr/day Driver Position to 5 hr/day Driver D Conversion of 1 Home & School Visitor (Retiring) to: 1 Student Locator (EANA Support) 1 Per Diem Psychologist $ 35,000 We have the opportunity to restructure these positions via attrition $ 55,000 Staff member retired in May 2013 we would like to restructure and delay hiring until late August. Savings will be used to fund vehicle replacement plan. $ 0 Cost Neutral With the retirement of the Home & School Visitor, we have the opportunity to restructure to better serve the needs of our families.

16 Description Estimated Impact Notes A Conversion of a Maintenance Foreman (Retiring) to a Custodian for NAHS $ 31,000 We will also be reassigning a Skilled position from NAHS to serve the entire District B Conversion of 2 FT Special Education Paraprofessionals to 4 PT positions C Conversion of FT 8 hr/day Driver Position to 5 hr/day Driver D Conversion of 1 Home & School Visitor (Retiring) to: 1 Student Locator (EANA Support) 1 Per Diem Psychologist $ 35,000 We have the opportunity to restructure these positions via attrition $ 55,000 Staff member retired in May 2013 we would like to restructure and delay hiring until late August. Savings will be used to fund vehicle replacement plan. $ 0 Cost Neutral With the retirement of the Home & School Visitor, we have the opportunity to restructure to better serve the needs of our families. E Robotic Program Expansion $ 0 NAEF will provide $25k to support the program expansion; including funding for an Assistant Coordinator, a Technical Mentor, and several Camp Mentors.

17 Description Estimated Impact Notes A Conversion of a Maintenance Foreman (Retiring) to a Custodian for NAHS $ 31,000 We will also be reassigning a Skilled position from NAHS to serve the entire District B Conversion of 2 FT Special Education Paraprofessionals to 4 PT positions C Conversion of FT 8 hr/day Driver Position to 5 hr/day Driver D Conversion of 1 Home & School Visitor (Retiring) to: 1 Student Locator (EANA Support) 1 Per Diem Psychologist $ 35,000 We have the opportunity to restructure these positions via attrition $ 55,000 Staff member retired in May 2013 we would like to restructure and delay hiring until late August. Savings will be used to fund vehicle replacement plan. $ 0 Cost Neutral With the retirement of the Home & School Visitor, we have the opportunity to restructure to better serve the needs of our families. E Robotic Program Expansion $ 0 NAEF will provide $25k to support the program expansion; including funding for an Assistant Coordinator, a Technical Mentor, and several Camp Mentors. F Marching Band Expansion $ 13,000 New Cost Program expansion being recommended to include funds for additional staff, supplies, etc.

18 Description Estimated Impact Notes G AED Replacement Plan $ 10,000 New Cost AED s need replacement

19 Description Estimated Impact NewNotes G AED Replacement Plan $ 10,000 AED s need replacement H Musselman Army Reserve Center $ 350,000 New Cost We have already budgeted $400k for the renovations of this building. However, concerns over the condition of the roof were noted during a recent site visit.

20 Description Estimated Impact Notes G AED Replacement Plan $ 10,000 AED s need replacement H Musselman Army Reserve Center $ 350,000 We have already budgeted $400k for the renovations of this building. However, concerns over the condition of the roof were noted during a recent site visit. I Special Education Teachers $ 72,000 New Cost Final program review indicates that 1 new teacher is needed at our middle schools

21 Description Estimated Impact Notes G AED Replacement Plan $ 10,000 AED s need replacement H Musselman Army Reserve Center $ 350,000 We have already budgeted $400k for the renovations of this building. However, concerns over the condition of the roof were noted during a recent site visit. I Special Education Teachers $ 72,000 Final program review indicates that 1 new teacher is needed at our middle schools J Elementary Staffing $ 72,000 New Cost As you may recall: In January 2013, 6 new teachers were requested in response to concerns related to elementary class size. In May 2013, we reduced this request to 4 new positions At this point, we are recommending that 1 position be added back bringing total request to 5 new teachers. Please note that these positions will ONLY be filled if enrollment warrants

22 Description Estimated Impact Notes G AED Replacement Plan $ 10,000 AED s need replacement H Musselman Army Reserve Center $ 350,000 We have already budgeted $400k for the renovations of this building. However, concerns over the condition of the roof were noted during a recent site visit. I Special Education Teachers $ 72,000 Final program review indicates that 1 new teacher is needed at our middle schools J Elementary Staffing $ 72,000 As you may recall: In January 2013, 6 new teachers were requested in response to concerns related to elementary class size. In May 2013, we reduced this request to 4 new positions At this point, we are recommending that 1 position be added back bringing total request to 5 new teachers. Please note that these positions will ONLY be filled if enrollment warrants K English Language Learners $ 41,000 New Cost Original request was for 1 new teacher and 1 new paraprofessional; recommendation has been been updated to request 2 new teachers COMPLIANCE ISSUE

23 3 Wrap Up

24 Our Proposed Final Budget that was approved in May 2013 included a 3.014% tax increase Tonight, we are pleased to share our recommended tax increase is 2.692% Millage Rate Tax Increase (As %) Preliminary Budget % Maximum Tax Allowable with Act 1 Exceptions % Proposed Final Budget % Final Budget %

25 Final Budget Proudly maintains our full-day kindergarten program Maintains our pre-kindergarten program Provides our students with a strong complement of music, arts, foreign language, etc. Expands our robotics, marching band, and ELL programs Allows for the renovation of the Musselman Army Reserve Center And, includes funds for several security projects/initiatives

26 Questions?

Norristown Area School District Annual Budget BUDGET COMMITTEE MEETING MAY 7, 2013

Norristown Area School District Annual Budget BUDGET COMMITTEE MEETING MAY 7, 2013 2013-14 Annual Budget BUDGET COMMITTEE MEETING MAY 7, 2013 1 STUDENT ACHIEVEMENT IS OUR NUMBER ONE PRIORTITY AND IS THE MAIN PURPOSE OF OUR EXISTENCE 3 OUR SCHOOLS ARE PART OF THE LARGER COMMUNITY 5 8