Excellence by Design Superintendent s Proposed FY 2017 Budget Summary Fauquier County Public Schools January 27, 2016
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
Savings Description Amount 1 *Annual Adjustment (actual breakage ) $754,000 2 3 4 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
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)
Local Composite Index (LCI) Fiscal Yr. *VRS **LCI Local Funding Notes 12 11.33% 0.6097 0 No increase 13 11.66% 0.5377 0 No increase 14 11.66% 0.5377 1.5m 15 14.50% 0.5586 2.4m Used to fund VRS Increase and health benefits increase 16 14.06% 0.5586 1.3m 17 14.66% 0.5827 3.1m Proposed 18 16.32% 0.5827 Trend: * Percentage of creditable compensation required **Locality's ability to for pay for education costs fundamental to VA Standards of Quality
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.
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
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.
Compensation:
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)
Positions Proposed FY2017 Budget Increase/(Decrease) Cumulative Totals Service Description Budget FTE Budget FTE Pre-school Teacher and IA $ 104,574 2.0 $ 104,574 2.0 Transition Specialist 61,817 1.0 166,391 3.0 Special Education Teachers 123,634 2.0 290,025 5.0 High School Test Coordinators 154,542 3.0 444,567 8.0 Alternative Placement Program 163,000 2.0 607,567 10.0 Elimination of Special Ed IAs (61,904) (3.0) $ 545,663 7.0 Additional State funding for positions $ (266,831) Additional Local funding for Alternative Program (163,000) $ (429,831) Cost of proposed positions $ 115,832
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 $ 1,025,046 2.3% Federal $ 3,720,367 $ 3,720,367 $ - 0.0% Local Transfer $ 85,171,014 $ 88,467,271 $ 3,296,257 3.9% $ 134,705,788 $ 139,027,091 $ 4,321,303 3.2% FY 2017 FY 2018 Amount Percent Expenditures Proposed Plan Change Change Instruction $ 103,004,871 $ 106,424,507 $ 3,419,636 3.3% Admin, Attendance & Health $ 5,673,349 $ 5,851,015 $ 177,666 3.1% Pupil Transportation $ 8,888,568 $ 9,048,205 $ 159,637 1.8% Operations and Maintenance $ 10,329,399 $ 10,429,416 $ (87,336) 1.0% T echnology $ 4,469,138 $ 4,670,793 $ 201,655 4.5% Fund Transfers $ 2,340,463 $ 2,603,155 $ 262,692 11.2% Total $ 134,705,788 $ 139,027,091 $ 4,133,950 3.2%
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)