BUDGET PRESENTATION & ANNUAL MEETING

Transcription

1 BUDGET PRESENTATION & ANNUAL MEETING Proposed Budget SCHOOL DISTRICT OF NEW RICHMOND MISSION STATEMENT As a steward of public trust and resources, it is the duty and the responsibility of the School District of New Richmond to provide a comprehensive educational program and a learning environment which allows for the intellectual, physical, emotional, cultural, social, and ethical growth of children in a changing world. High School Auditorium 650 E. Richmond Way Monday, September 16, :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 Dr. Neal Melby, Member Lawrence Moore, Member ADMINISTRATIVE STAFF Jeffrey Moberg... District Administrator Brian Johnston... Director of Fiscal & Building Operations Thomas Wissink... High School Principal Jeffrey Swanson... High School Assistant Principal Douglas Hatch... Middle School Principal Michele Wood... Middle School Assistant Principal Michael Ballard... Paperjack Elementary Principal George Hoeppner... Starr Elementary Principal Frank Norton... Hillside Elementary Principal Casey Eckardt... Director of Athletics/Activities Cheryl Emerson... Director of Community Education Jessica Ferguson... Director of Curriculum & Instruction Kathryn Feuerer... Director of Student Services Karen Brummer... Supervisor of Food Services Robert Parent... Supervisor of Buildings & Grounds

3 ANNUAL MEETING OF THE SCHOOL DISTRICT OF NEW RICHMOND High School Auditorium New Richmond, Wisconsin September 16, :00 P.M. MEETING AGENDA 1. Call to Order, President of the School Board... Rick Hinz 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. Neal Melby and Marty Wold were re-elected to three-year terms. 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 17, 2012 were approved on that date. Is there a request to have the minutes of the 2012 Annual Meeting read at this time? 5. Unfinished Business 6. New Business - A. Superintendent's Report... Jeffrey Moberg 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 authorize the lease of property. WHEREAS, usable space within the school premises presently occupied by the Community Commons is no longer needed for school purposes; and WHEREAS, certain governmental and non-profit organizations are leasing that space for a variety of lawful purposes; WHEREAS, the electors of the School District of New Richmond believe it may be in the best interest of the School District of New Richmond to extend for one year the leases between the New Richmond School Board and those interested parties. Upon motion duly made and seconded, the electors of the School District of New Richmond pursuant to the provisions of Section (25) of the Wisconsin Statutes, hereby authorize the School Board to extend the lease of usable space located within the premises of the Community Commons for lawful use by prospective tenants for up to one year if the School Board deems it to be in the District s best interest, upon terms and conditions which are in compliance with applicable law, and which are otherwise satisfactory to the New Richmond School Board. G. Resolution E 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.) H. Resolution F To authorize the reimbursement of Board members for actual and necessary expenses incurred when traveling in performance of duties I. Resolution G To authorize the establishment of accident insurance for students J. Resolution H To authorize the Board of Education to set date of 2014 Annual School District Meeting for Monday, September 15, 2014 at 7:00 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 16,

5 MILL RATE AND TAX EXAMPLE ACTUAL ACTUAL ACTUAL BUDGET Equalized Valuation $ 1,223,471,990 $ 1,173,009,510 $ 1,112,992,736 $ 1,120,783,685 Increase from Previous Year -7.40% -4.12% -5.12% 0.70% ACTUAL ACTUAL ACTUAL PROPOSED TAX LEVY General Fund $ 9,656,007 $ 8,814,761 $ 8,175,481 $ 6,852,576 Debt Service 4,490,000 5,123,560 5,708,537 6,303,313 Community Education 170, , , ,680 $ 14,316,687 $ 14,139,001 $ 14,084,698 $ 13,356,569 % Increase From Previous Year N/A -1.24% -0.38% -5.17% 2

6 EQUALIZED VALUES BY COUNTY County 2012 Total Equalized Value 2013 Total Equalized Value Total $ Change % Change Barron 3,474,905,200 3,579,455, ,550, % Chippewa 4,572,364,300 4,653,303,700 80,939, % Dunn 2,579,828,400 2,613,740,200 33,911, % Eau Claire 6,722,050,200 6,907,862, ,812, % Pepin 542,351, ,723,900 8,372, % Pierce 2,745,713,700 2,724,148,700 (21,565,000) -0.79% Polk 4,151,138,000 4,084,905,800 (66,232,200) -1.60% St. Croix 6,930,949,400 7,154,298, ,348, % State Total 469,861,249, ,502,564,000 (2,358,685,050) -0.50% 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 $1,170 $1,205 $1,265 $1,192 ($74) $150,000 $1,755 $1,808 $1,898 $1,788 ($111) $200,000 $2,340 $2,411 $2,531 $2,383 ($148) 5

9 AREA SCHOOLS MILL RATES

10 BOND REQUIREMENTS TO DATE REFERENDUM DEBT SERVICE Original Original Actual Projection Actual Projection Actual Tertiary With No Aid With No Aid Difference Less Aid Less Aid Difference Aid % ,063,099 1,063,099-1,010,635 1,010, % ,260,746 2,116, ,375 2,208,654 2,065,342 (143,312) 4.80% ,691,300 3,243, ,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% Refunding Issues During December Reduced future payments by $1,567,039 March Reduced future payments by $1,817,337 7

11 GENERAL FUND BALANCE GENERAL FUND (FUND 10) BUDGET ADOPTION Audited Unaudited Budget Beginning Fund Balance (Account ) 5,003,554 5,470,628 7,100,891 Ending Fund Balance, Committed (Acct ) 687, , ,230 Ending Fund Balance, Unassigned (Acct ) 4,783,398 6,413,661 5,413,661 TOTAL ENDING FUND BALANCE (ACCT ) 5,470,628 7,100,891 6,100,891 8

12 LOCAL REVENUE SOURCES REVENUES & OTHER FINANCING SOURCES Local Sources 210 Taxes Audited Unaudited Budget ,843,729 8,198,504 6,872, Payments for Services 0 3, Non-Capital Sales 65,844 99,248 60, School Activity Income 75,297 64,199 62, Interest on Investments 12,133 11,999 12, Other Revenue, Local Sources 63,008 63,845 54,500 Subtotal Local Sources 9,060,011 8,441,662 7,061,626 9

13 STATE AID VS GENERAL PROPERTY TAXES 25,000,000 21,308,743 20,000,000 18,999,122 18,773,858 20,255,927 16,647,390 15,000,000 Property Taxes 10,000,000 9,317,306 9,656,007 8,814,761 8,175,481 State Aids Federal 6,852,576 5,000,000-1,142, , , , ,

14 EQUALIZED VALUE PER MEMBER $550,000 $500, ,181 $450, , , , ,802 $400, , , ,843 $350, ,026 $300,000 $250,000 $200,000 11

15 ENROLLMENT IN FTE (4 year old kindergarten added ) 3,250 3, , ,950 2, , , ,550 2,450 2,350 12

16 AID MEMBERSHIP 3,300 3, , , , , , ,600 13

17 PAYMENTS FROM OTHER SCHOOLS AND CESA PAYMENTS FROM OTHER SCHOOLS & SOURCES Audited Unaudited Budget Payments for Services 443, , , Other Inter-district, Within Wisconsin 2,369 2,800 0 Subtotal Other School Districts within Wisconsin 445, , ,045 Intermediate Sources 510 Transit of Aids 4,695 7,590 2,000 Subtotal Intermediate Sources 4,695 7,590 2,000 14

18 STATE REVENUE SOURCES STATE SOURCES Audited Unaudited Budget State Sources 610 State Aid -- Categorical 180, , , State Aid -- General 18,501,044 19,851,986 20,855, DPI Special Project Grants 22,733 (583) Other State Revenue Through Local Units 54,261 44,700 25, Other Revenue 15,019 16,975 16,331 Subtotal State Sources 18,773,858 20,255,927 21,308,743 15

19 FEDERAL REVENUE SOURCES FEDERAL SOURCES Audited Unaudited Budget DPI Special Project Grants 86, ,665 81, IASA Grants 210, , , Other Federal Revenue Through State 476, Subtotal Federal Sources 773, , ,478 16

20 OTHER REVENUE SOURCES AND TOTAL REVENUE OTHER SOURCES AND REVENUE Audited Unaudited Budget Compensation, Fixed Assets 123, ,500 Subtotal Other Financing Sources 123, ,500 Other Revenues 960 Adjustments 66,880 64,574 30, Refund of Disbursement 48, ,458 31, Miscellaneous 1,926 3,116 2,000 Subtotal Other Revenues 117, ,148 63,000 TOTAL REVENUES & OTHER FINANCING SOURCES 29,298,506 29,740,711 29,290,392 17

21 MAJOR STAFFING ITEMS STAFFING INCREASES 2 Interpreters 3 Classroom Teachers including special education 2 Para-educators special education Wage increases of 2.07% 18

22 EXPENDITURES - GENERAL FUND Salaries 12,963,003 13,559,555 13,136,714 13,663,360 14,310,800 Employee Benefits 6,588,996 6,973,380 6,282,662 6,353,091 6,293,776 Purchased Services 3,641,673 4,664,283 4,751,659 4,558,518 4,676,871 Non- Capital Objects 1,311,053 1,351,355 1,708,430 1,468,505 1,495,343 Capital Objects 186, , , , ,790 Debt Retirement 28,063 27,428 18,533 30,000 25,000 Insurance 272, , , , ,500 Non-Program Transactions 2,452,986 2,301,138 2,172,926 2,485,631 2,682,416 Other Objects 56,922 65,273 50,135 73,040 60,896 Total 27,501,212 29,388,749 28,831,452 29,354,250 30,290,392 19

23 EXPENDITURES- GENERAL FUND $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 $5,000,000 $4,000, $3,000,000 $2,000,000 $1,000,000 $- 20

24 EXPENDITURES Capital Objects 0.97% Debt Retirement 0.06% Insurance 0.95% Non-Program Transactions 8.17% Other Objects 0.19% Non- Capital Objects 5.35% Purchased Services 15.64% Salaries 48.04% Employee Benefits 20.63% 21

25 PROPOSED EXPENDITURES Non- Capital Objects 4.94% Debt Retirement 0.08% Capital Objects 1.46% Insurance 1.00% Non-Program Transactions 8.86% Other Objects 0.20% Purchased Services 15.44% Salaries 47.25% Employee Benefits 20.78% 22

26 COST PER STUDENT COMPARISON BETWEEN YEARS Wisconsin Department of Public Instruction 4-Year Comparative Cost Summary Survey New Richmond DISTRICT TOTALS MEMBERSHIP 2,959 3,013 3,065 3,119 CURRENT EDUCATION COST (CEC) INSTRUCTION $ 17,930,110 $ 18,661,402 $ 18,926,406 $ 17,842,409 PUPIL/STAFF/SUPPORT $ 2,483,510 $ 2,421,185 $ 2,459,855 $ 2,317,565 OPERATION/ADMINISTRATION/OTHER $ 7,051,184 $ 6,701,110 $ 7,912,030 $ 8,436,817 TOTAL CURRENT EDUCATION COST (TCEC) $ 27,464,804 $ 27,783,697 $ 29,298,291 $ 28,596,791 TCEC PER MEMBER $ 9,282 $ 9,221 $ 9,559 $ 9,169 STATE AVG TCEC PER MEMBER $ 10,549 $ 10,836 $ 11,168 $ 10,515 DIFFERENCE OVER (UNDER) STATE AVERAGE $ (1,267) $ (1,615) $ (1,609) $ (1,346) Rank from lowest (out of 424) 32 23

27 INSTRUCTION EXPENSES EXPENDITURES & OTHER FINANCING USES Instruction Undifferentiated Curriculum Audited Unaudited Budget ,098,140 5,854,919 6,296, Regular Curriculum 6,002,071 6,055,840 6,633, Vocational Curriculum 806, , , Physical Curriculum 653, , , Co-Curricular Activities 621, , , Other Special Needs 150, , ,731 Subtotal Instruction 14,333,404 14,028,216 15,200,905 24

28 SUPPORT EXPENSES SUPPORT SERVICES Support Sources Pupil Services Audited Unaudited Budget , , , Instructional Staff Services 856, , , General Administration 508, , , School Building Administration 1,425,588 1,416,817 1,503, Business Administration 5,747,060 5,243,003 5,739, Central Services 156, , , Insurance & Judgments 283, , , Debt Services 18,533 15,569 25, Other Support Services 1,351,320 1,111, ,191 Subtotal Support Sources 11,129,520 10,443,898 11,016,692 25

29 NON-PROGRAM EXPENSES AND TOTAL EXPENSES NON-PROGRAM EXPENSES AND TOTAL EXPENSES Non-Program Transactions Inter-fund Transfers Audited Unaudited Budget ,172,926 2,295,729 2,682, Instructional Service Payments 1,190,615 1,340,644 1,376, Other Non-Program Transactions 4,966 1,961 14,000 Subtotal Non-Program Transactions 3,368,507 3,638,334 4,072,795 TOTAL EXPENDITURES & OTHER FINANCING USES 28,831,431 28,110,448 30,290,392 26

30 SPECIAL EDUCATION FUND SPECIAL PROJECT FUNDS (FUNDS 21, 23, 27, 29) Audited Unaudited Budget Beginning Fund Balance 52,506 62,412 65, Ending Fund Balance 62,412 65,878 65,878 TOTAL REVENUES & OTHER FINANCING SOURCES 3,775,107 3,875,129 3,975, Instruction 2,582,256 2,732,637 2,914, Support Services 994, , , Non-Program Transactions 188, , ,000 TOTAL EXPENDITURES & OTHER FINANCING USES 3,765,201 3,871,663 3,975,190 27

31 DEBT SERVICE FUND DEBT SERVICE FUND (FUNDS 38, 39) Audited Unaudited Budget Beginning Fund Balance 2,301,788 2,606,813 2,203, ENDING FUND BALANCES 2,606,813 2,203,189 2,014,550 TOTAL REVENUES & OTHER FINANCING SOURCES 5,902,719 26,949,874 7,175, Long-Term Capital Debt 5,434,140 6,729,939 7,193, Refinancing 0 20,456, Other Long-Term General Obligation Debt 163, , , Non-Program Transactions ,150 TOTAL EXPENDITURES & OTHER FINANCING USES 5,597,694 27,353,498 7,363, INDEBTEDNESS, END OF YEAR 93,360,000 93,555,000 90,015,000 28

32 CAPITAL PROJECTS FUND CAPITAL PROJECTS FUND (FUNDS 41, 48, 49) Audited Unaudited Budget Beginning Fund Balance 830, ,056 55, Ending Fund Balance 103,056 55,955 0 TOTAL REVENUES & OTHER FINANCING SOURCES 10,613 74, Support Services 737, , Non-Program Transactions ,955 TOTAL EXPENDITURES & OTHER FINANCING USES 737, ,768 55,955 29

33 FOOD SERVICE FUND FOOD SERVICE FUND (FUND 50) Audited Unaudited Budget Beginning Fund Balance 162, , , ENDING FUND BALANCE 208, , ,239 TOTAL REVENUES & OTHER FINANCING SOURCES 1,532,066 1,533,427 1,536, Support Services 1,485,557 1,541,311 1,536, Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 1,486,116 1,541,311 1,536,296 30

34 COMMUNITY SERVICE FUND COMMUNITY SERVICE FUND (FUND 80) Audited Unaudited Budget Beginning Fund Balance 19,172 (32,250) 24, ENDING FUND BALANCE (32,250) 24,474 24,474 TOTAL REVENUES & OTHER FINANCING SOURCES 503, , , Support Services 330, , , Community Services 223, , , Non-Program Transactions TOTAL EXPENDITURES & OTHER FINANCING USES 555, , ,730 31

35 FUND The Community Education Fund was established to provide programs for youth and adults in the District that are outside of regular district programming. Programs include youth sports activities and adult activities and classes outside of regular district programs that are available to everyone on a fee basis. In addition, the fund runs and operates the old middle school (Community Commons) and rents space to various not for profit entities during the year and uses these rents to pay the operating costs of the building. The funds received from program fees and the tax levy help support the cost of staff, officials, supplies and equipment for the programs. The budget summary for the 80 fund is as follows: Revenues: Dues and Fees Student & Adult classes and Activities $192,850 Community Commons Rents and Contributions 100,200 Special Olympics and Empty Bowls Fund Raisers 19,000 Tax Levy 200,680 Total Revenues $512,730 Expenditures: On-site Salary and Fringe Benefits $179,627 Community Commons Utilities & Maintenance 93,950 Telephone, Postage and Catalog 39,825 Class Instructors and Fees 191,628 Office Supplies and Expenses 7,700 Total Expenditures $512,730