[PPT] - 2020-21 BUDGET HEARING PRESENTATION 28 September 2020 9/28/20 PowerPoint Presentation

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2020-21 BUDGET HEARING PRESENTATION 28 September 2020

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STRATEGIC FOCUS

Students: Personalized Learning è “Every Student, Every

Time, All the Time”

Staff: Competitive Compensation
Financial: Sustainability/Stability

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PRESENTATION OVERVIEW

Assumptions/Highlights
Students
Staff
Financial
Expense
Revenue
Taxes
Looking Ahead Ten Years

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2020-21 BUDGET ASSUMPTIONS

Enrollment Projections

7210 Resident (Actual: 7,114)
7370 Total (Actual: 7,273)

$179 Increase in Per Pupil Funding 2.5% Increase in Property Values 2.0% Salary Increase for All Employee Groups “Rainy Day Fund” for Major Capital Projects

$8,039,400 Earmarked In Fund Balance to be spent in 2020-21
$2,333,328 Deficit from use of fund balance for capital projects in 2019-

20 Budget

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FINANCIAL HIGHLIGHTS (2020-21)

Stabilization of Health Care Expense
“Rainy Day Fund” è No Future Borrowing
Major Capital Projects
Tonawanda: New Gym
Both High Schools: New Track and Football Field
New Administration Building
COVID-19 Strategy
Tax Increase: 3.37%
Tax Rate Increase (Mill Rate): .82%

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Cedarburg Muskego-Norway ELMBROOK New Berlin Franklin Oak Creek-Franklin Germantown Oconomowoc Greendale Pewaukee Greenfield Port Washington-Saukville Hamilton Racine Kenosha South Milwaukee Kettle Moraine Waukesha Menomonee Falls Waunakee Community Mequon-Thiensville Wauwatosa Middleton-Cross Plains West Allis-West Milwaukee Milwaukee Whitefish Bay Mukwonago

27 "BENCHMARK" DISTRICTS (S. E. WI)

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Before Act 10 (1993 Legislation) Not Sustainable After Act 10 (2011 Legislation) Sustainable Average Salary Increase 6% 2 - 3% Retiree Health Care Benefit Defined Benefit Defined Contribution Health Care Contribution (Employee) 3% 6.8% Retirement Contribution (Employee) 0% 50%

SOME HISTORY – ACT 10 (May 2011)

Major Impact on Employees (80% of Budget)

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11.8% 17.2% 5.5% 0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21

PERCENT CHANGE SCHOOL YEAR

REVENUE vs INFLATION SINCE ACT 10 (2010-11)

Cumulative Revenue Per Pupil Cumulative Inflation Gap

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STRATEGIC FOCUS – STUDENTS

“Every Student, Every Time, All the Time”

Student Health (COVID-19)
In-person
On-line – “Virtual” Learning
Tuition Paid Preschool (4K)
Class Size
College and Career Readiness
LAUNCH
Equitable Access and Inclusion
Facilities
Tonawanda Gym
High Schools - Football Field and Track

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STUDENT HEALTH: COVID-19 RESPONSE

2019-20 Non-essential Spending Freeze
Potential Funds
Potential Uses
Spending to Date

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Item Amount Utilities $122,000 Substitute Teachers $309,000 Transportation $95,000 Unit Budget $900,000 Total Designated Fund Balance $1,426,000

2019-20 NON-ESSENTIAL SPENDING FREEZE

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Item Amount 2019-20 Spending Freeze $1,426,000 Innovation Funds $512,000 Capital Project Set Aside $2,600,000 5% District Office Dept Budgets $171,000 Schools Budget Carryover $260,000 Career Promotion Adjustment $110,000 Scorecard Bonus $225,000 5 FTE Contingency Positions $427,000 Total $5,731,000 % of Total Budget 4.9%

2020-21 COVID-19 POTENTIAL FUNDS

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Item Amount Staffing $535,308 COVID Protection $1,053,644 Infrastructure Technology $116,740 Classroom Technology $393,950 Classroom Materials $58,500 Miscellaneous $81,962 Total $2,240,104 % of Total Budget 2.3%

2020-21 COVID-19 EXPENSES (YTD)

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18 19 20 21 22 23 24 25 26 27 28 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 (in- person)

AVERAGE CLASS SIZE SCHOOL YEAR

ELEMENTARY SCHOOL CLASS SIZE HISTORY

Brookfield Elementary Burleigh Dixon Swanson Tonawanda Maximum Average Class Size = 26.3

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In-School Virtual Elementary 69.5% 30.5% Middle School 70.6% 29.4% High School 76.5% 23.5%

(2020-21) IN-SCHOOL vs ON-LINE ENROLLMENT

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2018-19 Actual 2019-20 Actual 2020-21 Preliminary Budget Enrollment 86 106 100 Revenue (1) 356,743 $ 230,197 $ 352,800 $ Expenditures 203,781 $ 226,131 $ 247,742 $ Surplus/Deficit (2) 152,962 $ 4,066 $ 105,058 $

FEE-BASED PRESCHOOL

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Elmbrook School District 2017-18 2018-19 2019-20 2020-21 Global Business 31 26 41 60 Business Analytics 30 42 23 29 Future Teachers 21 16 37 34 Engineering Foundations n/a 23 38 32 IT Foundations n/a 16 10 23 Media Solutions n/a 31 40 34 Medicine & Healthcare n/a n/a 114 79 Bioscience/Biomedical Solutions n/a n/a 23 24 Total 82 154 326 315 Wauwatosa School District Advanced Manufacturing (1) n/a n/a 16 14 Hospitality Innovation (1) n/a n/a 27 16 Grand Total 82 154 369 345

LAUNCH ENROLLMENT HISTORY

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EXPENSE 2016-17 2017-18 2018-19 2019-20 2020-21 Facilities (1) (2) 195,000 $ 195,000 $ 387,000 $ $300,000 $0 Curriculum 21,000 $ 21,000 $ $21,000 $11,000 Teacher Supplies 25,000 $ 25,000 $ $25,000 $35,000 Technology 100,000 $ $30,000 $30,000 Rent/Utilities 37,000 $ 38,000 $ $130,000 $130,000 Endowment (EEF) _________ 50,000 $ 50,000 $ $60,000 $80,000 Total 195,000 $ 278,000 $ 571,000 $ $506,000 $286,000

(2) Includes $150,000 for Health Care Innovation Lab at Brookfield East (2019-20)

REVENUE 2016-17 2017-18 2018-19 2019-20 2020-21 Elmbrook School District 195,000 $ 241,000 $ 495,000 $ $345,000 $195,000 Other Sources (3) 100,000 $ 185,000 $ $231,000 $138,000 Total (4) $195,000 $341,000 $680,000 $576,000 $333,000

(3) Includes Project Partnerships, Other School Districts, Grants and Other Gifts (4) Surplus creates endowment toward future needs (1) Includes $387,000 for FAB and Media labs at Brookfield Central (2018-19)

LAUNCH FINANCIALS

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DRONE VIDEO

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0% 10% 20% 30% 40% 50% 60% 70% G r e e n d a l e W a u n a k e e W h i t e f i s h B a y E L M B R O O K M u k w

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PERCENT INSTRUCTION SCHOOL DISTRICT

BENCHMARK PERCENT INSTRUCTION EXPENSE (2018-19)

(27 S.E. WI DISTRICTS)

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12.8% 2.3% 0% 2% 4% 6% 8% 10% 12% 14% 2

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PERCENT ENROLLED SCHOOL YEAR

NON-RESIDENT ENROLLMENT (2000-2021)

OPEN ENROLLMENT CHAPTER 220 TOTAL

No Additional Open Enrollment No Additional Chapter 220

S

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7040 6238 7114 5600 5800 6000 6200 6400 6600 6800 7000 7200 2

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ENROLLMENT SCHOOL YEAR

K-12 RESIDENT ENROLLMENT HISTORY (2000-2021)

End Open Enrollment End Chapter 220

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7700 6930 7280 6400 6600 6800 7000 7200 7400 7600 7800 2

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ENROLLMENT SCHOOL YEAR

K-12 TOTAL ENROLLMENT HISTORY (2000-2021)

End Open Enrollment End Chapter 220

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421 421 424 408 433 448 473 486 492 555 568 575 591

400 450 500 550 600 650

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NUMBER ENROLLED GRADE

RESIDENT COHORT NUMBER ENROLLED OVER TIME (Class of 2019)

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72.8%72.5%72.8%73.0% 73.6% 74.0% 74.7%74.5% 75.4%75.8%76.0% 77.4% 77.8% 78.2% 79.6% 80.9% 70% 72% 74% 76% 78% 80% 82%

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PERCENT ATTENDING ELMBROOK SCHOOL YEAR

PERCENT OF RESIDENT STUDENTS ATTENDING ELMBROOK (2004 - 2020)

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STRATEGIC FOCUS – STAFF

Salaries – Top Quartile in S. E. Wisconsin (27 Districts)
Sustainable Health Care Costs (Net)
Actual (2019-20): $13,268/Insured Employee
Target (2020-21): $13,268/Insured Employee
Wellness – On-site Clinic
Professional Development Compensation

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$66,230

$40,000 $45,000 $50,000 $55,000 $60,000 $65,000 $70,000 M u s k e g

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AVERAGE TEACHER SALARY SCHOOL DISTRICT

BENCHMARK TEACHER SALARY (2018-19) (27 S.E. WI DISTRICTS)

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$91,593

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AVERAGE TEACHER SALARY+ BENEFITS SCHOOL DISTRICT

BENCHMARK TEACHER SALARY+ BENEFITS (2018-19) (27 S.E. WI DISTRICTS)

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2019-20 2020-21 Change Teacher 530 546 16 Administrator 32 33 1 Food Service 37 35 (2) Custodians 83 84 1 T & L Professionals 19 20 1 Support (Non-Inst) 25 24 (1) Support (Classroom) 122 120 (2)

Admin. Asst

41 40 (1) Support (Central Office) 29 25 (4) Total 918 927 9 * Full-time Equivalent Enrollment 7,344 7,257 (87)

MAJOR STAFFING GROUPS (FTE*)

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$14,810 $13,313 $12,586 $13,268 $13,268

$11,000 $11,500 $12,000 $12,500 $13,000 $13,500 $14,000 $14,500 $15,000 2016-17 2017-18 2018-19 2019-20 2020-21 (Target)

COST PER INSURED EMPLOYEE SCHOOL YEAR

COST PER INSURED EMPLOYEE

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10.4%

8.7%

20%
15%
10%
5%

0% 5% 10% 2016-17 2017-18 2018-19 2019-20 2020-21 (Target)

CUMULATIVE PERCENT CHANGE IN MEDICAL COST SCHOOL YEAR

TOTAL MEDICAL COST TRENDS

Elmbrook Net Expense per FTE

U. S. Medical Cost Trend

$2 million /yr Annual Savings

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STRATEGIC FOCUS – FINANCIAL SUSTAINABILITY

Percent Change in Salary + Benefits < Percent Change in Revenue
Long-range Capital Planning
“Rainy Day” Fund
Avoid Future Borrowing
Health Care Management
Expense Increases < National Average
Employee Incentives for Health Care Mgmt
On-site Clinic
Administrative Expense (Bottom Quartile)
Energy Expense (Bottom Quartile)

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3.0%
2.0%
1.0%

0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 2016-17 (Actual) 2017-18 (Actual) 2018-19 (Actual) 2019-20 (Actual) 2020-21 (Budget)

PERCENT ANNUAL CHANGE SCHOOL YEAR

BALANCING SALARY + BENEFIT INCREASES WITH REVENUE INCREASES

Revenue Salary + Benefits [Rev. - S+B]

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DISTRICT FUNDS

Fund 10 – General Fund
Fund 21 – Gift Fund
Fund 27 – Special Education Fund
Fund 38 – Debt Service Fund
Fund 39 – Debt Service Fund [Property Taxes]
Fund 46 – Long-term Capital Improvement Fund
Fund 50 – Food Service Fund
Fund 72 – Private Benefit Trust Fund
Fund 73 – Employee Benefit Trust Fund
Fund 80 – Community Service Fund [Property Taxes]

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Salaries 48% Benefits 18% Special Ed. 12% Purchased Services 16% Non-Capital Objects 4% Other 3%

GENERAL FUND EXPENSES

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Object Area Salaries 44,266,750 $ 46,027,051 $ 4.0% Benefits 16,674,813 16,900,999 1.4% Purchased Services 16,580,188 15,344,656

7.5%

Non-Capital Objects 4,323,009 3,928,595

9.1%

Capital Objects 966,349 1,313,650 35.9% Other 1,290,165 1,399,191 8.5% Special Education 10,282,730 11,751,843 14.3% TOTAL 94,384,004 $ 96,665,985 $ 2.4% 2020-21 Preliminary Budget 2019-20 (Actuals) % Change

FUND 10 - GENERAL FUND EXPENDITURES

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Location/Item Description Expense (est) Year WHMS HVAC $4,916,000 2018-19 WHMS/PPMS Libraries $606,600 2018-19 BCHS/BEHS Tennis Courts/Softball Fields $3,700,000 2018-19 Tonawanda Remodeling/New Gym/HVAC $7,232,370 2019-20 BCHS/BEHS Football/Track/SoccerFields $6,079,175 2019-20 CAO Replacement $5,549,039 2019-20 TOTAL $28,083,184

MAJOR CAPITAL ITEMS (2018-2020) ["Rainy Day Fund"]

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Fund Balance as of June 30, 2019 $36,773,104

2019-20 Surplus Higher Revenues $1,402,292 Lower Salaries $1,002,157 Lower Benefit Costs $1,015,676 Other $1,770,842 Net Fund Balance $41,964,071 Capital Projects Planned Expense over Budget ($7,524,294)

Fund Balance as of June 30, 2020 $34,439,777

2019-20 FUND BALANCE CHANGES

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$- $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 $30,000,000 $35,000,000 $40,000,000 2001-02 2003-04 2005-06 2007-08 2009-10 2011-12 2013-14 2015-16 2017-18 2019-20

FUND BALANCE SCHOOL YEAR

FUND BALANCE (6/30/20) [unaudited]

Committed, incl Cash Flow "Rainy Day Fund"

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39.4%

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PERCENT FUND BALANCE SCHOOL DISTRICT

BENCHMARK FUND BALANCE (2018-19) (27 S.E. WI DISTRICTS)

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$0 $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 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 2023-24 2024-25 2025-26 2026-27 2027-28 2028-29 2029-30 2030-31 2031-32 2032-33 2033-34 2034-35 2035-36

ANNUAL EXPENSE SCHOOL YEAR

ANNUAL RETIREE HEALTHCARE EXPENSE

(Annual Required Contribution + HRA)

Act 10

Conversion to "Defined Contribution" Plan

Savings vs 2017-18 = $1.3 million/yr 2017-18 Expense 2027-28

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$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000

2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 (COVID) 2020-21 (est)

ELECTRICITY EXPENSE SCHOOL YEAR

ELMBROOK ACTUAL VS PROJECTED ELECTRICITY EXPENSE (WITH INFLATION, ADDED SPACE AND A/C)

Total Projected Expense Actual Expense Annual Savings

BCHS A/C, BEHS A/C PPMS A/C Swanson A/C Burleigh A/C WHMS A/C Tonawanda A/C, CAO COVID-19

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$5.00 $4.00 $3.85 $3.85 $3.80 $3.65 $3.50 $3.10 $3.00 $2.95 $2.60 $0.00 $1.00 $2.00 $3.00 $4.00 $5.00 $6.00 W a u n a k e e W h i t e f i s h B a y M e q u

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MEAL PRICE BENCHMARK DISTRICTS

BENCHMARK MEAL PRICES - HIGH SCHOOL (2018-19)

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Revenue $2,435,266 Expenditures $2,695,980 2019-20 Fund Balance Impact (1) ($260,714) (1) Surplus funds are held in Fund Balance to pay for future equipment replacement and repair

HIGH SCHOOL LUNCH FINANCIALS (2019-20)

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Instruction 51% Instructional Support 8% Operations 21% Admin 7% Other 14%

GENERAL FUND EXPENSE BY FUNCTION

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5.9%

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t W a s h

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a u k v l N e w B e r l i n F r a n k l i n P b l i c W a u w a t

s

a W . A l l i s

W

. M k e G r e e n f i e l d G e r m a n t

w

n K e n

s

h a R a c i n e K e t t l e M

r

a i n e E L M B R O O K M i d d l e t

n
C

r

s

s P l

PERCENT ADMINISTRATION SCHOOL DISTRICT

BENCHMARK ADMINISTRATION EXPENSE (2018-19) (27 S.E. WI DISTRICTS)

9/28/20 46 2020-21 Budget Presentation (28 sep 2020)

SLIDE 47

8.7%

0% 2% 4% 6% 8% 10% 12% 14% 16% W h i t e f i s h B a y M e n

m
n

e e F a l l s O a k C r e e k

F

r a n k l i n S

u

t h M i l w a u k e e N e w B e r l i n M u s k e g

N
r

w a y F r a n k l i n P b l i c P e w a u k e e K e t t l e M

r

a i n e M e q u

n
T

h i e n s v i l l e C e d a r b u r g W a u w a t

s

a E L M B R O O K W a u k e s h a W . A l l i s

W

. M k e M u k w

n

a g

K

e n

s

h a O c

n
m
w
c

G r e e n f i e l d R a c i n e P

r

t W a s h

S

a u k v l W a u n a k e e G r e e n d a l e M i l w a u k e e G e r m a n t

w

n M i d d l e t

n
C

r

s

s P l H a m i l t

n

PERCENT BLDGS & GROUNDS SCHOOL DISTRICT

BENCHMARK BUILDINGS/GROUNDS EXPENSE (2018-19)

(27 S.E. WI DISTRICTS)

9/28/20 47 2020-21 Budget Presentation (28 sep 2020)

SLIDE 48

GENERAL FUND REVENUES (FUND 10)

9/28/20 48 2020-21 Budget Presentation (28 sep 2020)

SLIDE 49

Other State Aid 8% Equalization Aid 3% Other Local Sources 3% Other 2% Federal Aid 1%

Property Taxes 83%

GENERAL FUND REVENUE SOURCES

9/28/20 49 2020-21 Budget Presentation (28 sep 2020)

SLIDE 50

9/28/20 2020-21 Budget Presentation (28 sep 2020) 50 0% 10% 20% 30% 40% 50% 60% 70% 80% E L M B R O O K M e q u

n
T

h i e n s v i l l e N e w B e r l i n K e t t l e M

r

a i n e O c

n
m
w
c

P e w a u k e e M e n

m
n

e e F a l l s M i d d l e t

n
C

r

s

s P l G e r m a n t

w

n C e d a r b u r g W h i t e f i s h B a y W a u w a t

s

a W a u k e s h a F r a n k l i n P b l i c M u s k e g

N
r

w a y M u k w

n

a g

H

a m i l t

n

W a u n a k e e P

r

t W a s h

S

a u k v l G r e e n d a l e G r e e n f i e l d O a k C r e e k

F

r a n k l i n W . A l l i s

W

. M k e R a c i n e K e n

s

h a S

u

t h M i l w a u k e e M i l w a u k e e

PERCENT PROPERTY TAX SCHOOL DISTRICT

BENCHMARK REVENUE - PROPERTY TAX (2018-19) (27 S.E. WI DISTRICTS)

SLIDE 51

2.7%

0% 10% 20% 30% 40% 50% 60% S

u

t h M i l w a u k e e K e n

s

h a R a c i n e O a k C r e e k

F

r a n k l i n M i l w a u k e e W . A l l i s

W

. M k e P

r

t W a s h

S

a u k v l G r e e n d a l e G r e e n f i e l d W a u n a k e e M u k w

n

a g

M

u s k e g

N
r

w a y H a m i l t

n

W a u k e s h a F r a n k l i n P b l i c W h i t e f i s h B a y C e d a r b u r g G e r m a n t

w

n O c

n
m
w
c

W a u w a t

s

a M i d d l e t

n
C

r

s

s P l P e w a u k e e M e n

m
n

e e F a l l s K e t t l e M

r

a i n e E L M B R O O K N e w B e r l i n M e q u

n
T

h i e n s v i l l e

PERCENT STATE AIDS SCHOOL DISTRICT

BENCHMARK REVENUE - STATE AIDS (2018-19) (27 S.E. WI DISTRICTS)

9/28/20 51 2020-21 Budget Presentation (28 sep 2020)

SLIDE 52

SPECIAL EDUCATION (Fund 27)

Fund 10 – General Fund
Fund 21 – Gift Fund
Fund 27 – Special Education Fund
Fund 38 – Debt Service Fund
Fund 39 – Debt Service Fund [Property Taxes]
Fund 46 – Long-term Capital Improvement Fund
Fund 50 – Food Service Fund
Fund 72 – Private Benefit Trust Fund
Fund 73 – Employee Benefit Trust Fund
Fund 80 – Community Service Fund [Property Taxes]

9/28/20 52 2020-21 Budget Presentation (28 sep 2020)

SLIDE 53

9/28/20 2020-21 Budget Presentation (28 sep 2020) 53

SPECIAL EDUCATION (Fund 27)

About 846 students or 11.7% of Enrollment
Additional cost per student (approx.) of $19,587
Shows costs for all special education programs operated throughout the

District

Includes costs for services to our students
Includes costs for Federal programs for special education
Includes costs associated with the Cooperative Fund, including Fairview South

SLIDE 54

9/28/20 2020-21 Budget Presentation (28 sep 2020) 54

Cost/student Total Cost Elmbrook Students (846 students) $19,587 $16,570,673 Cooperative Students (15 students) $174,445 $2,616,679 Total $19,187,352

SPECIAL EDUCATION EXPENDITURES

(2020-21 Preliminary)

SLIDE 55

Transfer from General Fund 10 $11,751,843 State Aids $3,455,813 Local and Inter-district Programs $1,417,332 Federal Aids $2,157,654 Other $990 Total $19,187,352

SPECIAL EDUCATION REVENUE

9/28/20 55 2020-21 Budget Presentation (28 sep 2020)

SLIDE 56

DEBT SERVICE FUND (FUNDS 38 & 39)

Fund 10 – General Fund
Fund 21 – Gift Fund
Fund 27 – Special Education Fund
Fund 38 – Debt Service Fund
Fund 39 – Debt Service Fund [Property Taxes]
Fund 46 – Long-term Capital Improvement Fund
Fund 50 – Food Service Fund
Fund 72 – Private Benefit Trust Fund
Fund 73 – Employee Benefit Trust Fund
Fund 80 – Community Service Fund [Property Taxes]

9/28/20 56 2020-21 Budget Presentation (28 sep 2020)

SLIDE 57

SCHOOL DISTRICT BOND RATING (MOODY'S)

# Rated # Aaa % Aaa United States 3,500 100 2.9% Wisconsin 161 5 3.1%

ELMBROOK RATING: Aaa

9/28/20 57 2020-21 Budget Presentation (28 sep 2020)

SLIDE 58

$0 $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 $1,400,000 $1,600,000 $1,800,000 $2,000,000 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

ANNUAL DEBT PAYMENT SCHOOL YEAR

NON-REFERENDUM DEBT SCHEDULE (Fund 38)

9/28/20 58 2020-21 Budget Presentation (28 sep 2020)

SLIDE 59

0% 2% 4% 6% 8% 10% 12% N e w B e r l i n G e r m a n t

w

n W . A l l i s

W

. M k e R a c i n e M i l w a u k e e G r e e n d a l e K e n

s

h a G r e e n f i e l d E L M B R O O K S

u

t h M i l w a u k e e M e n

m
n

e e F a l l s P

r

t W a s h

S

a u k v l O a k C r e e k

F

r a n k l i n O c

n
m
w
c

P e w a u k e e C e d a r b u r g M u k w

n

a g

W

a u k e s h a M u s k e g

N
r

w a y M i d d l e t

n
C

r

s

s P l K e t t l e M

r

a i n e W a u w a t

s

a M e q u

n
T

h i e n s v i l l e H a m i l t

n

W h i t e f i s h B a y W a u n a k e e F r a n k l i n P b l i c

PERCENT NON-REFERENDUM DEBT SCHOOL DISTRICT

BENCHMARK NON-REFERENDUM DEBT (2018-19) (27 S.E. WI DISTRICTS)

9/28/20 59 2020-21 Budget Presentation (28 sep 2020)

SLIDE 60

$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 2026-27 2027-28

PAYMENT AMOUNT SCHOOL YEAR

REFERENDUM-APPROVED DEBT ( Fund 39) (HIGH SCHOOLS -Property Taxes)

Principal Interest

9/28/20 60 2020-21 Budget Presentation (28 sep 2020)

SLIDE 61

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% W a u n a k e e O c

n
m
w
c

S

u

t h M i l w a u k e e G e r m a n t

w

n P

r

t W a s h

S

a u k v l G r e e n f i e l d O a k C r e e k

F

r a n k l i n H a m i l t

n

F r a n k l i n P b l i c M i d d l e t

n
C

r

s

s P l M e n

m
n

e e F a l l s M u s k e g

N
r

w a y K e t t l e M

r

a i n e P e w a u k e e C e d a r b u r g M u k w

n

a g

W

h i t e f i s h B a y M e q u

n
T

h i e n s v i l l e E L M B R O O K G r e e n d a l e K e n

s

h a N e w B e r l i n R a c i n e W a u w a t

s

a W a u k e s h a M i l w a u k e e W . A l l i s

W

. M k e

PERCENT REFERENDUM DEBT SCHOOL DISTRICT

BENCHMARK REFERENDUM DEBT (2018-19) (27 S.E. WI DISTRICTS) (Fund 39)

9/28/20 61 2020-21 Budget Presentation (28 sep 2020)

SLIDE 62

0% 2% 4% 6% 8% 10% 12% 14% 16% 18% 20% G e r m a n t

w

n W a u n a k e e S

u

t h M i l w a u k e e O c

n
m
w
c

G r e e n f i e l d N e w B e r l i n P

r

t W a s h

S

a u k v l O a k C r e e k

F

r a n k l i n M e n

m
n

e e F a l l s H a m i l t

n

F r a n k l i n P b l i c M i d d l e t

n
C

r

s

s P l P e w a u k e e C e d a r b u r g M u k w

n

a g

M

u s k e g

N
r

w a y G r e e n d a l e K e t t l e M

r

a i n e E L M B R O O K K e n

s

h a R a c i n e W h i t e f i s h B a y W . A l l i s

W

. M k e M e q u

n
T

h i e n s v i l l e M i l w a u k e e W a u k e s h a W a u w a t

s

a

PERCENT TOTAL DEBT SCHOOL DISTRICT

BENCHMARK TOTAL DEBT (2018-19) (27 S.E. WI DISTRICTS)

9/28/20 62 2020-21 Budget Presentation (28 sep 2020)

SLIDE 63

2019-20 (Budget) 2020-21 (Prelim) Change Percent Change General Fund (Fund 10) $78,601,057 $81,306,556 $2,705,499 3.44% Debt Service (Fund 38) (Non-referendum) $1,802,113 $1,798,171 ($3,942) 0% Debt Service (Fund 39) (Referendum) $4,716,451 $4,902,875 $186,424 3.95% Community Service (Fund 80) $658,860 $658,860 $0 0.00% Property Taxes $85,778,481 $88,666,462 $2,887,981 3.37% Tax Levy Rate $9.72 $9.80 $0.08 0.82% Taxes on $300,000 Home $2,916 $2,940 $24 0.82%

2020-21 TAX LEVY (Preliminary Budget)

9/28/20 63 2020-21 Budget Presentation (28 sep 2020)

SLIDE 64

$9.98 $9.90 $9.06 $10.46 $10.69 $9.80

$- $2.00 $4.00 $6.00 $8.00 $10.00 $12.00

2 3

4

2 4

5

2 5

6

2 6

7

2 7

8

2 8

9

2 9

1

2 1

1

1 2 1 1

1

2 2 1 2

1

3 2 1 3

1

4 2 1 4

1

5 2 1 5

1

6 2 1 6

1

7 2 1 7

1

8 2 1 8

1

9 2 1 9

2

2 2

2

1 ( e s t )

LEVY RATE (PER $1,000) SCHOOL YEAR

EQUALIZED TAX LEVY RATE ( per $1,000)

General and Community Service Fund Debt Service Fund Total Levy Rate

9/28/20 64 2020-21 Budget Presentation (28 sep 2020)

SLIDE 65

$6.00 $7.00 $8.00 $9.00 $10.00 $11.00 $12.00 S

u

t h M i l w a u k e e F r a n k l i n P b l i c W a u n a k e e M e n

m
n

e e F a l l s G r e e n d a l e G r e e n f i e l d N e w B e r l i n R a c i n e K e t t l e M

r

a i n e W h i t e f i s h B a y P

r

t W a s h

S

a u k v l E L M B R O O K M i d d l e t

n
C

r

s

s P l W . A l l i s

W

. M k e P e w a u k e e M i l w a u k e e K e n

s

h a O c

n
m
w
c

G e r m a n t

w

n M u s k e g

N
r

w a y C e d a r b u r g H a m i l t

n

O a k C r e e k

F

r a n k l i n M u k w

n

a g

W

a u k e s h a M e q u

n
T

h i e n s v i l l e W a u w a t

s

a

PROPERTY TAX ($ PER $1,000 VALUE) SCHOOL DISTRICT

BENCHMARK MILL RATE (2018-19) (27 S.E. WI DISTRICTS)

9/28/20 65 2020-21 Budget Presentation (28 sep 2020)

SLIDE 66

9/28/20 2020-21 Budget Presentation (28 sep 2020) 66

School Year # Voucher Students Property Tax Impact 2006-17 10 $83,593 2017-18 15 $129,679 2018-19 32 $267,665 2019-20 43 $366,715 2020-21 ??? ???

PROPERTY TAX (Voucher Impact)

SLIDE 67

9/28/20 2020-21 Budget Presentation (28 sep 2020) 67

Multiple Roofing, Paving, HVAC, etc. $17,061,466 2021-29 Co-curricular Other Athletic Facilities TBD 2021-29 Multiple Libraries, Cafeterias, etc. $1,806,000 2021-29 Hillside Remodel (if enrollment growth) $10,000,000 2023-24 TOTAL (1) $28,867,466

LOOKING AHEAD (2021-2029) ["Rainy Day Fund"]

(1) $2.3 Million set aside each year for "Rainy Day" Fund

SLIDE 68

QUESTIONS OR COMMENTS?

9/28/20 68 2020-21 Budget Presentation (28 sep 2020)