2020-21 FINAL BUDGET June 10, 2020 2020-21 Final Budget Topics: - - PowerPoint PPT Presentation

NORRISTOWN AREA SCHOOL DISTRICT 2020-21 FINAL BUDGET

June 10, 2020

2020-21 Final Budget

• Topics:

– 2020-21 Staffing Review – 2020-21 Revenue & Spending Updates – Fund Balance Analysis – Legislative Update – Next Steps

2020-21 Final Budget

• Development of Final Budget = True Team Effort!

– Department Leaders – Building Leaders – Association Leaders – Staff Across NASD

2020-21 Staffing Review / Update

PROGRAM / BLDG RECOMMENDATION RATIONALE REGULAR EDUCATION: ELEMENTARY SCHOOLS CM (1) MSS (1) PF (1) WES (2) (- 5.0) TEACHERS ENROLLMENT BUBBLE CONTINUES TO ADVANCE THROUGH OUR SECONDARY SCHOOLS; WE HAVE BEEN SHIFTING STAFF FROM ELEMENTARY TO SECONDARY AS NEEDED TO MANAGE THIS MOVEMENT AND WILL CONTINUE TO DO SO FOR THE NEXT FEW YEARS MIDDLE SCHOOLS ESTLA +1, STEWART +2, ENMS WILL CONVERT A VACANCY + 3.0 TEACHERS ENROLLMENT & NEW RELATED ARTS COURSE – GLOBAL LEADERSHIP NAHS (-0.60) TEACHER - COMMUNICATION NAHS + 0.60 TEACHER -SPANISH NAHS +2.0 TEACHERS - MATH NAHS +1.0 TEACHER - ART SPECIAL EDUCATION: MIDDLE SCHOOLS ENMS (1) STEWART (2) ESTLA (1) (-4.0) TEACHERS ENROLLMENT AND PROGRAM CHANGES BOTH CONTRIBUTE TO RECOMMENDED CHANGES IN SPECIAL EDUCATION STAFFING NAHS +1.0 TEACHER ELD PROGRAMMING: SCHOOL(S)-TBD +1.O TEACHER CONTINUED GROWTH IN NON-ENGLISH SPEAKING POPULATION; NEWCOMER PROGRAM EXPANSION OTHER TEACHER/PROFESSIONAL: ASSIGNMENT / LOCATION – TBD +1.0 TEACHER AFTER STAFFING CHANGES IDENTIFIED ABOVE, 1.0 TEACHING POSITION REMAINS

• AVAILABLE. POSITION ONLY TO BE FILLED IF

ENROLLMENT/PROGRAMMING WARRANTS NEED TEACHER/PROFESSIONAL RECOMMENDATIONS ARE BUDGET NEUTRAL +/- 9.6 POSITIONS

2020-21 PROFESSIONAL STAFF RECOMMENDATIONS

PROGRAM / BLDG RECOMMENDATION RATIONALE REGULAR EDUCATION: ELEMENTARY SCHOOLS CM (1) MSS (1) PF (1) WES (2) (- 5.0) TEACHERS ENROLLMENT BUBBLE CONTINUES TO ADVANCE THROUGH OUR SECONDARY SCHOOLS; WE HAVE BEEN SHIFTING STAFF FROM ELEMENTARY TO SECONDARY AS NEEDED TO MANAGE THIS MOVEMENT AND WILL CONTINUE TO DO SO FOR THE NEXT FEW YEARS MIDDLE SCHOOLS ESTLA +1, STEWART +2, ENMS WILL CONVERT A VACANCY + 3.0 TEACHERS ENROLLMENT & NEW RELATED ARTS COURSE – GLOBAL LEADERSHIP NAHS (-0.60) TEACHER - COMMUNICATION NAHS + 0.60 TEACHER -SPANISH NAHS +2.0 TEACHERS - MATH NAHS +1.0 TEACHER - ART SPECIAL EDUCATION: MIDDLE SCHOOLS ENMS (1) STEWART (2) ESTLA (1) (-4.0) TEACHERS ENROLLMENT AND PROGRAM CHANGES BOTH CONTRIBUTE TO RECOMMENDED CHANGES IN SPECIAL EDUCATION STAFFING NAHS +1.0 TEACHER ELD PROGRAMMING: SCHOOL(S)-TBD +1.O TEACHER CONTINUED GROWTH IN NON-ENGLISH SPEAKING POPULATION; NEWCOMER PROGRAM EXPANSION OTHER TEACHER/PROFESSIONAL: ASSIGNMENT / LOCATION – TBD +1.0 TEACHER AFTER STAFFING CHANGES IDENTIFIED ABOVE, 1.0 TEACHING POSITION REMAINS

• AVAILABLE. POSITION ONLY TO BE FILLED IF

ENROLLMENT/PROGRAMMING WARRANTS NEED TEACHER/PROFESSIONAL RECOMMENDATIONS ARE BUDGET NEUTRAL +/- 9.6 POSITIONS

2020-21 PROFESSIONAL STAFF RECOMMENDATIONS

NO CHANGES

PROGRAM / BLDG RECOMMENDATION RATIONALE NEW FAMILY SERVICE CENTER ROOSEVELT + 1.0 COMMUNITY LIAISON BILINGUAL POSITION NEEDED TO SUPPORT STUDENT REGISTRATION & FAMILY SUPPORT INITIATIVES SECURITY MONITOR ROOSVELT REPLACE CURRENT STAFF MEMBER UPON RETIREMENT WITH CONTRACTED SECURITY NO REDUCTION IN SERVICE/SUPPORT TO BUILDING NEW MODEL PROVIDES AN OPPORTUNITY TO REDUCE COSTS NEW OPERATIONS (CUSTODIAL) ELIMINATE 1 FULL-TIME CUSTODIAN (VACANCY) AND CREATE 2 PART-TIME POSITIONS NO REDUCTION IN SERVICE/SUPPORT TO BUILDING BENEFIT COST SAVINGS

2020-21 SUPPORT STAFF RECOMMENDATIONS

2020-21 Revenue & Spending Updates

2020-21 Final Budget

2020-21 Proposed Final Budget $ 159,981,945

Revenues

2020-21 Final Budget

INCREASE/ DECREASE

2020-21 Proposed Final Budget $ 159,981,945 Updated Projections: Local Revenue: Real Estate Revenue – Set-Aside For New Rebate Program ( $ 200,000) Earned Income Tax $ 300,000 Additional Rental Income $ 30,000 Additional Loss of Misc Local Income – Athletic / Tuition ( $ 20,000)

Revenues

2020-21 Budget

• Real Estate Taxes

– Recommendation still includes tax increase of 3.3%

• NASD Adjusted Act 1 Index

– 2019-20 Millage Rate = 37.952 mills – 2020-21 Millage Rate = 39.204 mills ($163 to avg taxpayer)

2020-21 Budget

• New Rebate Program (Approved May 2020)

– Rebate program for our senior citizens, widows/widowers, and disabled persons with fixed or limited incomes – Details & application posted to NASD Website (Business Office section) – Social Media posts in progress – Reminders:

• NASD Rebate = 20% Bonus (Over/Above Pa Property Tax Rebate)
• Property owners must file and receive Pa Property Tax Rebate
• Max NASD Rebate = $ 130

2020-21 Final Budget

Category Actual 2018-19 Budgeted 2019-20 2020-21 Proposed Final 2020-21 Final Budget

EIT Tax $ 7,467,304 $ 7,550,000 $ 6,000,000 $ 6,300,000

Earned Income Tax Montgomery County Unemployment Data

Week Ending 3/28 4/4 4/11 4/28 4/25 5/2 5/9 5/16 5/23 5/30 Initial Claims 6,506 8,202 5,356 2,919 2,525 1,611 1,689 1,161 1,547 1,257 Continuing Claims 6,333 15,349 17,098 44,946 35,272 46,796 59,801 57,941 49,976 35,272

10,000 20,000 30,000 40,000 50,000 60,000 70,000 28-Mar 4-Apr 11-Apr 18-Apr 25-Apr 2-May 9-May 16-May 23-May 30-May

2020-21 Final Budget

INCREASE/ DECREASE

2020-21 Proposed Final Budget $ 159,981,945 Updated Projections: Local Revenue: Real Estate Revenue – Set-Aside For New Rebate Program ( $ 200,000) Earned Income Tax $ 300,000 Additional Rental Income $ 30,000 Additional Loss of Misc Local Income – Athletic / Tuition ( $ 20,000)

Revenues ESCC / Headstart / First Student Revenue Projection Increased from $15k to $45k

2020-21 Final Budget

INCREASE/ DECREASE

2020-21 Proposed Final Budget $ 159,981,945 Updated Projections: Local Revenue: Real Estate Revenue – Set-Aside For New Rebate Program ( $ 200,000) Earned Income Tax $ 300,000 Additional Rental Income $ 30,000 Additional Loss of Misc Local Income – Athletic / Tuition ( $ 20,000)

Revenues Revenue Projections Decreased Athletic Event Spectators? Summer School Tuition ?

2020-21 Final Budget

INCREASE/ DECREASE

2020-21 Proposed Final Budget $ 159,981,945 Updated Projections: Local Revenue: Real Estate Revenue – Set-Aside For New Rebate Program ( $ 200,000) Earned Income Tax $ 300,000 Additional Rental Income $ 30,000 Loss Misc Local (Athletic/Tuition) ( $ 20,000) Additional Rental Income $ 30,000 State Revenue: Special Education Subsidy $ 241,000 New Allocation for COVID-19 Emergency Response $ 650,000

Revenues

State Funding

• Governor Wolf has signed the 2020-21 state budget into law. The bill provides for a 5-

month stop-gap budget for nearly all operations EXCEPT for K-12 education, which received 12 months of funding. Highlights of the 2020-21 state budget:

• Basic Ed, Special Ed, Ready-to-Learn, Career/Tech & Social Security - all level-funded at

2019-20 amounts.

• Transportation was provided a supplement for the current fiscal year to increase the

appropriation to attempt to fully fund the line item.

• PSERS was adjusted by $75 million
• School Safety/Security Grants increased by $ 200 million – see next slide for details
• NO CHARTER REFORM

Amount Included in 2020-21 Proposed Final Budget Amount Allocated in Approved State Budget Additional Revenue to be included in 2020-21 Final Budget Basic Education $ 13,662,775 $ 13,662,604

• Special Education

$ 4,761,000 $ 5,002,809 $ 241,809

2020-21 Budget

2020-21 Budget State Funding

• 2020-21 School Safety/ Security Grants - The budget includes $200 million in additional

funding to help districts pay for substantial costs associated with COVID-19. Eligible uses

• f these emergency funds are all related to the COVID-19 response - including purchasing

PPE. – Funding not competitive - guaranteed – NASD’s estimated allocation = $ 650,000!

2020-21 Final Budget

INCREASE/ DECREASE

2020-21 Proposed Final Budget $ 159,981,945 Updated Projections: Local Revenue: Real Estate Revenue – Set-Aside For New Rebate Program ( $ 200,000) Earned Income Tax $ 300,000 Additional Rental Income $ 30,000 Loss Misc Local (Athletic/Tuition) ( $ 20,000) State Revenue: Special Education Subsidy $ 241,000 New Allocation for COVID-19 Emergency Response $ 650,000 Federal Revenue: Increase in Title I Allocation $ 200,000 CARES Allocation Adjustment $ 300,000

Revenues

2020-21 Budget CARES (Stimulus Funding)

• On May 4, 2020, PDE submitted its Elementary and Secondary School Emergency Relief

(ESSER) Fund application to the U.S. Department of Education (USDE) to obtain $523.8 million in emergency, one-time funds to help schools respond to COVID-19 impacts.

• On May 13, 2020, Governor Tom Wolf announced that the USDE approved PDE’s

application to obtain $523.8 million in one-time federal emergency funds. – Section 18005 of the CARES Act requires school districts that receive ESSER funds to provide equitable services to local nonpublic schools – PDE's recommended calculation for nonpublic equitable distribution differs from the calculation recommended by the U.S. Department of Education (USDE)

• NASD Allocation = 1,970,516

2020-21 Budget CARES (Stimulus Funding)

• NASD Allocation = 1,970,516

– All unrestricted - will be used to fund existing expenses (supplant) – Nonpublic share – challenge to distribution method ?

• IMPORTANT - THIS IS ONE TIME REVENUE

Amount Included in 2020-21 Proposed Final Budget Estimated Amount Available o NASD Additional Revenue to be included in 2020-21 Final Budget CARES - ESSER $ 1,500,000 $ 1,800,000

• $ 300,000

After Non-Public Set-Aside

2020-21 Final Budget

INCREASE/ DECREASE

2020-21 Proposed Final Budget $ 159,981,945 Updated Projections: Local Revenue: Real Estate Revenue – Set-Aside For New Rebate Program ( $ 200,000) Earned Income Tax $ 300,000 Additional Rental Income $ 30,000 Loss Misc Local (Athletic/Tuition) ( $ 20,000) State Revenue: Special Education Subsidy $ 241,000 New Allocation for COVID-19 Emergency Response $ 650,000 Federal Revenue: Increase in Title I Allocation $ 200,000 CARES Allocation Adjustment $ 300,000 2020-21 Final Budget $ 161,482,945

Revenues

2020-21 Final Budget

Category Actual 2018-19 Budgeted 2019-20 Projected 2019-20

POST-COVID

2020-21 Proposed Final 2020-21 Final Budget

Current RE $ 94,993,038 $ 97,917,750 $ 98,000,000 $ 101,000,000 $ 100,800,000 Interim RE $ 173,593 $ 300,000 $ 150,000 $ 75,000 $ 75,000 EIT Tax $ 7,467,304 $ 7,550,000 $ 6,000,000 $ 6,000,000 $ 6,300,000 RE Transfer $ 2,428,677 $ 1,350,000 $ 1,550,000 $ 750,000 $ 750,000 Dlq RE Tax $ 4,183,415 $ 4,700,000 $ 3,900,000 $ 3,600,000 $ 3,600,000 Dlq EIT $ 366,962 $ 425,000 $ 350,000 $ 300,000 $ 300,000 Interest $ 1,023,462 $ 600,000 $ 775,000 $ 300,000 $ 300,000 All Other $ 1,012,882 $ 1,277,800 $ 1,017,600 $ 650,000 $ 660,000 TOTAL $ 111,649,333 $ 114,120,550 $ 111,742,600 $ 112,675,000 $ 112,785,000

Local Revenues

2020-21 Final Budget

$14,738,008 $15,711,602 $14,660,291 $16,656,295 $13,742,600 $11,985,000 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 $18,000,000

2015-16 2016-17 2017-18 2018-19 2019-20 2020-21

Local Revenue Trend (Excluding RE Tax)

2020-21 Final Budget

$14,738,008 $15,711,602 $14,660,291 $16,656,295 $13,742,600 $11,935,000 $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000 $18,000,000

2015-16 2016-17 2017-18 2018-19 2019-20 2020-21

Local Revenue Trend (Excluding RE Tax)

TREND = IMPACT OF COVID ON LOCAL ECONOMY TRANSFER TAX, EIT, INTEREST,ETC.

2020-21 Final Budget

Category Actual 2018-19 Budgeted 2019-20 Projected 2019-20

POST-COVID

2020-21 Proposed Final 2020-21 Final Budget

Basic Ed $ 12,887,566 $ 14,476,000 $ 13,662,775 $ 13,662,775 $ 13,662,775 Ready-To-Learn $ 787,066 $ 0 $ 787,000 $ 787,000 $ 787,000 Special Ed $ 4,634,929 $ 4,813,000 $ 4,761,000 $ 4,761,000 $ 5,002,000 Transportation $ 1,709,778 $ 2,000,000 $ 2,100,000 $ 2,100,000 $ 2,100,000 Prop Tax $$ $ 2,856,955 $ 2,838,000 $ 2,838,000 $ 2,838,170 $ 2,838,170 FICA/PSERS $ 12,928,350 $ 13,350,000 $ 13,350,000 $ 13,350,000 $ 13,350,000 All Other State $ 1,933,006 $ 1,735,500 $ 2,009,000 $ 1,270,000 $ 1,920,000 TOTAL $ 37,737,650 $ 39,212,500 $ 39,507,775 $38,768,945 $ 39,659,945

State Revenues State Revenues - Flat

2020-21 Final Budget

Category Actual 2018-19 Budgeted 2019-20 Projected 2019-20

POST-COVID

2020-21 Proposed Final 2020-21 Final Budget

Local $ 111,649,333 $ 114,120,550 $ 111,742,600 $ 112,675,000 $ 112,785,000 State $ 37,737,650 $ 39,212,500 $ 39,507,775 $ 38,768,945 $ 39,659,945 Federal $ 7,688,295 $ 7,254,000 $ 7,637,000 $ 8,538,000 $ 9,038,000 Other $ 504,429 $ 5,000 $ 2,500 $ 0 $ 0 TOTAL $ 157,579,707 $ 160,592,050 $ 158,889,875 $ 159,981,945 $ 161,482,945

Revenue Overview 2020-21 Budgeted Revenue Without CARES Stimulus Funding = $ 159,682,945 (Still lower than 2019-20 Budgeted Revenues)

2020-21 Final Budget

INCREASE/ DECREASE 2020-21 Proposed Final Budget $ 163,589,295 Updated Projections:

Wages / Benefits Attrition/Restructuring/Etc. ( 1,575,000)

Expenses

2020-21 Final Budget

INCREASE/ DECREASE 2020-21 Proposed Final Budget $ 163,589,295 Updated Projections:

Wages / Benefits Attrition/Restructuring/Etc. ( 1,575,000) Purch Prof Svcs Department budget reductions – offset by increased allocation for Montgomery Virtual Program ($500,000) + 395,000

Expenses Partner with MCIU for virtual programming for 2020-21  Accommodate parents needs in fall  Compete with cyber charters

2020-21 Final Budget

INCREASE/ DECREASE 2020-21 Proposed Final Budget $ 163,589,295 Updated Projections:

Wages / Benefits Attrition/Restructuring/Etc. ( 1,575,000) Purch Prof Svcs Department budget reductions – offset by increased allocation for Montgomery Virtual Program ($500,000) + 395,000 Purch Prop Svcs Department budget reductions ( $ 125,000)

Expenses Various Dept Reductions

2020-21 Final Budget

INCREASE/ DECREASE 2020-21 Proposed Final Budget $ 163,589,295 Updated Projections:

Wages / Benefits Attrition/Restructuring/Etc. ( 1,575,000) Purch Prof Svcs Department budget reductions – offset by increased allocation for Montgomery Virtual Program ($500,000) + 395,000 Purch Prop Svcs Department budget reductions ( $ 125,000) Other Purch Svcs Increased allocations for charter tuition and contracted transportation + $ 1,025,000

Expenses

Transportation ($ 700,000)  Expectations/Requirements Still Moving Target  Complicated By Concerns Over Fleet Size/Driver Availability Charter Tuition ($ 325,000)  Reform Still Needed (Calculation)  Tuition Rates Based on Budgeted Expenses

2020-21 Final Budget

INCREASE/ DECREASE 2020-21 Proposed Final Budget $ 163,589,295 Updated Projections:

Wages / Benefits Attrition/Restructuring/Etc. ( 1,575,000) Purch Prof Svcs Department budget reductions – offset by increased allocation for Montgomery Virtual Program ($500,000) + 395,000 Purch Prop Svcs Department budget reductions ( $ 125,000) Other Purch Svcs Increased allocations for charter tuition and contracted transportation + $ 1,025,000 Supplies Department budget reductions – offset by budget for state-funded COVID response + $ 419,000

Expenses

 Reduction in department / building allocations ( $ 231,000)  Offset by increased allocation for COVID response from PA ( $ 650,000)

2020-21 Final Budget

INCREASE/ DECREASE 2020-21 Proposed Final Budget $ 163,589,295 Updated Projections:

Wages / Benefits Attrition/Restructuring/Etc. ( 1,575,000) Purch Prof Svcs Department budget reductions – offset by increased allocation for Montgomery Virtual Program ($500,000) + 395,000 Purch Prop Svcs Department budget reductions ( $ 125,000) Other Purch Svcs Increased allocations for charter tuition and contracted transportation + $ 1,025,000 Supplies Department budget reductions – offset by budget for state-funded COVID response + $ 419,000 Equipment No change

• Other (Primarily Debt)

No change

• Expenses

2020-21 Final Budget

INCREASE/ DECREASE 2020-21 Proposed Final Budget $ 163,589,295 Updated Projections:

Wages / Benefits Attrition/Restructuring/Etc. ( 1,575,000) Purch Prof Svcs Department budget reductions – offset by increased allocation for Montgomery Virtual Program ($500,000) + 395,000 Purch Prop Svcs Department budget reductions ( $ 125,000) Other Purch Svcs Increased allocations for charter tuition and contracted transportation + $ 1,025,000 Supplies Department budget reductions – offset by budget for state-funded COVID response + $ 419,000 Equipment No change

• Other (Primarily Debt)

No change

• 2020-21 Final Budget

$ 163,728,295

Expenses

2020-21 Final Budget

INCREASE/ DECREASE 2020-21 Proposed Final Budget $ 163,589,295 Updated Projections:

Wages / Benefits Attrition/Restructuring/Etc. ( 1,575,000) Purch Prof Svcs Department budget reductions – offset by increased allocation for Montgomery Virtual Program ($500,000) + 395,000 Purch Prop Svcs Department budget reductions ( $ 125,000) Other Purch Svcs Increased allocations for charter tuition and contracted transportation + $ 1,025,000 Supplies Department budget reductions – offset by budget for state-funded COVID response + $ 419,000 Equipment No change

• Other (Primarily Debt)

No change

• 2020-21 Final Budget

$ 163,728,295

Expenses

Budget Reductions Are Nearly Entirely Offset By New Spending Related to COVID Reductions Will Help Sustain Fund Balance And Financial Health of NASD

2020-21 Final Budget

Category Actual 2018-19 Budgeted 2019-20 (ADJUSTED) Projected 2019-20

POST-COVID

2020-21 Proposed Final 2020-21 Final Budget Wages $ 63,358,894 $ 66,740,000 $ 65,215,000 $ 67,030,00 $ 66,070,000 Benefits $ 40,417,464 $ 43,882,800 $ 43,785,000 $ 44,640,500 $ 44,010,500 Purch Profess $ 7,040,792 $ 7,465,500 $ 7,190,000 $ 7,705,500 $ 8,100,500 Purch Prop $ 2,483,720 $ 2,142,000 $ 2,275,000 $ 2,612,000 $ 2,487,000 Other Purch $ 27,351,667 $ 26,504,000 $ 26,255,877 $ 28,078,000 $ 29,103,000 Supplies $ 3,232,887 $ 3,161,500 $ 3,020,984 $ 3,323,000 $ 3,742,000 Property / Equip $ 3,746,595 $ 1,831,270 $ 1,670,000 $ 1,670,000 $ 1,670,000 Debt & Other $ 6,188,658 $ 8,864,980 $ 8,859,045 $ 8,545,295 $ 8,545,295 TOTAL $ 153,820,677 $ 160,592,050 $ 158,270,906 $ 163,589,295 $ 163,728,295

Expense Overview

Fund Balance Analysis

2020-21 Final Budget

Fund Balance 7/1/19 $ 7,136,618 2019-20 Revenues $ 158,889,875 2019-20 Expenses $ 158,270,906 Fund Balance 6/30/20 $ 7,755,587 2020-21 Final Budget - Revenues $ 161,482,945 2020-21 Final Budget - Expenses $ 163,728,295 Fund Balance 6/30/21 $ 5,510,237

Fund Balance Overview Fund Balance Used in 2020-21= $ 2.2 Million DOWN FROM OVER $ 3.6 MILLION

Legislative Update

2020-21 Final Budget

Property Tax Freeze Proposals House Bill 1776 & House Bill 2431

• Both no longer being proposed / discussed
• Likely to come up again….

2019-20 2020-21 NO TAX INCREASE 2021-22 2022-23 2023-24 Revenues $ 158,889,875 $ 156,981,945 $ 159,500,000 $ 162,800,000 $ 166,500,000 Expenses $ 158,270,906 $ 163,589,295 $ 166,800,000 $ 169,700,000 $ 172,800,000 Surplus / Deficit $ 618,969 ( $ 6,607,350) ( $ 7,300,000) ( $ 6,900,000) ( $ 6,300,000) Begin Fund Balance $ 7,136,618 $ 7,755,587 $ 1,148,237 ( $ 6,151,763) ($ 13,051,763) Ending Fund Balance $ 7,755,587 $ 1,148,237 ( $ 6,151,763) ( $ 13,051,763) ($ 19,351,763) Fund Balance (% of Expenses) 4.90% 0.70%

• Act I Index Expected Low For

Next Few Yrs (Based on Pa Economy)

Fund Balance Depleted During 2021-22; Recovery Will Be Challenging / Impacted By Length of Recession

2020-21 Final Budget

House Bill 2460 & Senate Bill 1125

• House Bill 2460
• Extends filing deadlines for Pennsylvanians who pay school property taxes. The

discount period would be extended by one month to September 30, and the face amount period would be extended to December 31, 2020

• Mandates these changes
• Senate Bill 1125
• Provides school districts the discretion to extend their discount period if they want

to and/or eliminate the penalty period for payment of taxes CONTINUE TO MONITOR ACTIVITY TIMING IS A SIGNIFICANT CONCERN COULD DELAY PRINTING/MAILING OF SCHOOL TAX BILLS!

Recap & Next Steps

2020-21 Final Budget

OVERVIEW

• 2020-21 Final Budget = $ 163,728,295
• 2020-21 Tax Rate = 39.204 Mills
• Includes Tax Increase @ Act 1 Adjusted Index = 3.30%
• Includes program investments:
• NAHS Block Scheduling / 9th Grade Academy
• Middle School New Related Arts Course
• Roosevelt Family Services Center
• Includes funding for COVID Response (including PPE )
• NASD Pandemic Coordinator/ Pandemic Team appointed shortly
• Health & Safety Plan under development
• Includes use of $ 2.2 million in Fund Balance (down from $ 3.6 million) and

maintains Fund Balance over $ 5 million

2020-21 Final Budget

NEXT STEPS

• Monitor activity in Harrisburg related to taxpayer flexibility
• Adopt Final Budget on 6/22/20 (Act 1 requires adoption by 6/30/20)
• Coordinate printing/mailing school tax bills
• Continued advertisement/promotion/education related to new taxpayer rebate

program

Questions