01 AVON GROVE SCHOOL DISTRICT 2018-19 PRELIMINARY BUDGET
03 2018-19 BUDGET Review 2016-17 Focus Areas Review 2016-17 Audited Results Update of 2017-18 Focus Areas Update of 2017-18 Budget 2018-19 Focus Areas 2018-19 Preliminary Budget 2018-19 Budget Timeline
AVON GROVE SCHOOL DISTRICT 2016-17 BUDGET REVIEW
03 2016-17 REVIEW OF FOCUS AND ACCOMPLISHMENTS Full-day kindergarten Interactive board replacement Art equipment replacement Math & ELA - Fundations 1:1 initiative Study Island Academic vocabulary Improving student attendance New bell schedule implementation Penn London Elementary School Avon Grove Intermediate School Fred S. Engle Middle School Avon Grove High School
03 2016-17 REVIEW OF FOCUS AND ACCOMPLISHMENTS Language training Retaining students in Avon Grove programs New bell schedule World Languages Social Studies 1:1 grades 7-8 Projector and interactive board replacement PC labs in HS Switching and access point replacement Sale of waste water treatment plant Modular permitting, procurement and installation AGI cafeteria lighting Pupil Services Curriculum Technology Facilities
2016-17 ACTUAL 03
2016-17 ACTUAL 03
03 2016-17 TOTAL REVENUE 30,203,441 35% 1,191,439 1% Property Tax Local Other State Federal 2,451,950 3% 51,662,372 61%
03 2016-17 LOCAL REVENUE 294,488 0% 840,094 2% 1,058,518 2% 1,225,104 2% Real Estate Tax Delinq R/E Tax Interim R/E Tax Transfer Tax Misc 50,696,118 94%
03 2016-17 EXPENSES 2,122,493 2% 1,380,614 2% 849,906 1% 4,380,000 5% 17,410,865 20% 1,886,779 2% 30,701,829 35% Salaries Benefits Prof Pref Services Srvcs Repair/Maint/Rental Trans/Insurance/Tuit Supplies Capital Bond Interest/Dues/Fees Bond Pricnipal/Trans Bond Principle/Trans 10,777,085 12% 18,966,334 21%
AVON GROVE SCHOOL DISTRICT 2017-18 UPDATE
03 2017-18 REVIEW OF FOCUS AND ACCOMPLISHMENTS Language Arts Student software - Study Island, Ed Mentum Full day kindergarten Language Arts 1:1 6 th grade MTSS Study Island ELA Collaborative time for staff Technology integration Schoology 1:1 9 th grade Penn London Elementary School Avon Grove Intermediate School Fred S. Engle Middle School Avon Grove High School
03 2017-18 REVIEW OF FOCUS AND ACCOMPLISHMENTS Retaining students in Avon Grove Gifted Taskforce Evaluations Language Arts Staff resources 1:1 grades 6-9 Virtual environments Modular technology Switching and access point replacement Complete modular installation HS roof repairs (library) Elementary campus natural gas PLE cafeteria floor Pupil Services Curriculum Technology Facilities
2017-18 UPDATE 03
AVON GROVE SCHOOL DISTRICT 2018-19 PRELIMINARY BUDGET
EXPENDITURES IMPACTING 08 THE PRELIMINARY 2018-19 BUDGET SALARIES $695,000 BENEFITS $1,700,000 PROFESSIONAL SERVICES $936,000 OTHER SERVICES (TRANSPORTATION/TUITION/INS) $916,000 Contractual Increases Healthcare $1,000,000 PSERS $530,000 (33.43% vs. 32.57%) Pupil Services Tuition $628,000 Transportation $267,000
08 ITEMS EFFECTING THE 2018-19 BUDGET Revenue Avon Grove taxable assessed values have increased by $2M State revenue is based upon 2017-18 amounts as approved with the passage of the 2017-18 Budget and District statistical information Federal revenue is based on 2017-18 allocations
08 ACT 1 LOCAL REVENUE Avon Grove School District Tax Increase Compared to Act 1 Index 2010 through 2018 7.00% 6.00% 5.90% Tax Increase Act 1 Index 5.00% 4.00% 3.00% 3.80% 3.80% 2.18% 2.20% 2.30% 2.80% 2.80% 2.39% 2.40% 3.10% 3.20% 3.30% 2.50% 2.00% 1.80% 1.00% 0.00% 0.00% 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 Act 1 Index Base Index 2.4% AG Adjusted Index 3.1% *2011-12 Avon Grove millage increase exceeded the Act 1 Index. PDE approved exceptions for PSERS & Special Education.
08 REAL ESTATE MILLAGE FOR CHESTER COUNTY SCHOOL DISTRICTS Average Change 10 Year Period 2008-09 to 2017-18 5.00% 4.50% 4.00% 3.50% 3.12% 3.20% 3.32% 3.00% 2.80% 2.76% 2.50% 2.00% 2.27% 1.78% 2.28% 2.44% 2.23% 1.9 1.50% 1.24% 1.00% 0.50% 0.00%
08 PSERS PROJECTED EMPLOYER CONTRIBUTION RATES PSERS Employer Contribution Rates 2010 through 2023 40.0% 35.0% 30.03% 32.57% 33.43% 34.79% 35.26% 35.68% 36.32% 30.0% 25.84% 25.0% 21.40% 20.0% 16.93% 15.0% 12.36% 10.0% 4.78% 5.64% 8.65% 5.0% 0.0% 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23
PSERS PROJECTED EMPLOYER CONTRIBUTION RATES The chart below shows the 5-year projected employer contribution rates using the June 30, 2017 valuation. PROJECTED EMPLOYER CONTRIBUTION RATES AND TOTAL EMPLOYER CONTRIBUTIONS * (Presumes a 7.25% rate of return) Fiscal Year Ending June Total Employer Contribution Rate % Projected Total Employer Contribution (thousands) $ 18/19 33.43 4,604,983 19/20 34.79 4,863,594 20/21 35.26 5,008,182 21/22 35.68 5,155,611 22/23 36.32 5,343,975 Investment Returns PSERS rate of return for fiscal year ended June 30, 2017 was 10.14%, which added approximately $5.0 billion (net of fees) in investment income to the Fund. The Fund had plan net assets of $53.5 billion at June 30, 2017.
08 EMPLOYER RETIREMENT COSTS TEN YEAR HISTORY $10,966,586 $11,000,000 $10,432,835 $9,164,456 $9,000,000 $7,723,820 $7,000,000 $6,512,854 $5,026,850 $5,000,000 $3,644,456 $3,000,000 $2,486,775 $1,357,587 $1,876,309 $1,000,000
PRELIMINARY OCCUPATIONAL EDUCATION 2018-19 Chester County School District Contribution and Enrollment Changes
PRELIMINARY OCCUPATIONAL EDUCATION 2018-19 Chester County School District Contribution and Enrollment Changes
08 OCCUPATIONAL EDUCATION COSTS TEN YEAR HISTORY $3,500,000 $3,405,633 $3,351,561 $3,081,308 $3,000,000 $2,710,760 $2,500,000 $2,161,801 $2,048,143 $1,985,356 $2,000,000 $1,864,537 $1,678,894 $1,500,000 $1,129,754 $1,000,000 $500,000
08 CHARTER SCHOOL TUITION TEN YEAR HISTORY $11,000,000 $10,178,557 $10,000,000 $10,400,000 $10,000,000 $9,282,016 $9,000,000 $8,244,111 $8,000,000 $7,210,719 $7,540,215 $7,552,242 $7,000,000 $6,371,656 $6,000,000 $5,396,564 $5,000,000
AGSD DEBT SERVICE 03
08 2018-19 PRELIMINARY BUDGET Selected General Fund Expenditures Millions $75 1.0 $70 3.3 $65 4.8 $60 $55 0.2 1.7 7.8 Capital Occ Ed $50 6.0 11.2 Debt $45 6.5 Healthca re Tuition $40 6.8 11.0 $35 1.9 $30 31.4 32.9 $25 2010-11 Actual 2018-19 Budget
08 2018-19 PRELIMINARY BUDGET State Revenue Millions $26 0.7 0.3 $24 1.9 $22 $20 $18 $16 0.7 1.1 2.3 2.4 2.6 5.4 0.0 PA Acct Debt Reimb Trans Spec Ed Ret Charter Basic Ed. 0.8 $14 1.3 15.1 $12 12.6 $10 2010-11 Actual 2018-19 Budget
25 MAJOR IMPACT ITEMS ENHANCING EDUCATIONAL & SUPPORT PROGRAMS Strategic Plan Guiding Forward Progress 1 Strategic Goal #1: Increase Learning Opportunities for All $0 2 Strategic Goal #2: Develop and Implement a Systems Thinking Approach Strategic Goal #3: Develop & Establish a Communication & Community Outreach Plan $100,000 Senior Tax Rebate Program 3 $0
20 2018-2019 BUDGET CALENDAR December 14, 2017 January 16, 2018 February 13, 2018 BOE meeting consideration of Opt-Out Resolution (Action Taken Dec Finance Committee Meeting Presentation of 2018-19 Draft Budget Finance Committee 2018-19 Budget Revenues March 13, 2018 Finance Committee 2018-19 Budget Expenditures April 17, 2018 Finance Committee Budget Capital Plan April 26, 2018 May 14, 2018 Proposed Final Budget Adoption Board Meeting Finance Committee Budget Work Session June 5, 2018 June 7, 2018 Finance Committee Budget Work Session Final Adoption
AVON GROVE SCHOOL DISTRICT QUESTIONS