5 - DOE State Aid Presentation FY16 - UPDATED Monday, January 19, - PDF document

5 - DOE State Aid Presentation FY16 - UPDATED Monday, January 19, 2015 1:09 PM south dakota DEPARTMENT OF EDUCATION

. . - . I. -• .. I State Aid Budget Increases & Decreases Total General K12 State Aid Outcome/Support Funds Funds State Aid to General Education - Statutory $6,536,251 $6,536,251 All Outcomes State Aid to General Education - Move to 2% $2,425,890 $2,425,890 All Outcomes State Aid to Special Education - Statutory $2,057,393 $2,057,393 All Outcomes State Aid to Special Education - Move to 2% $452,756 $452,756 All Outcomes State Aid to Special Education - SDSBVI $156,753 $156,753 Summer School Sparsity - Statutory $34,138 $34,138 All Outcomes $2,841 All Outcom es Sparsity - Move to 2% $2,841 Technology in Schools Zero-Base $289,472 $289,472 All Outcomes Statewide Assessments $1,463,000 $1,463,000 (corresponding reduction in agency budget) Including Technology in School s/ Sparsity/ ($2,605,288) ($2,605,288) Assessments in State Aid Statewi de Need $10,813,206 $10,813,206 TOTAL

. . - . I. -• .. I General State Aid Formula • Starts with same amount of funding per student called the Per Student Allocation (PSA) • PSA = $4,781.14 in FY15 - FY16 Proposed PSA = $4,876.76 • Other "Adjustments" - Decreasing enrollment (2 year averaging) - Small School Adjustment (SSA) - LEP adjustment

. . - . I. -• .. I General State Aid: Proposed Changes for FY16 • The Governor is recommending the following items be included in the total statewide need of the funding formula: - Sparsity - Technology in Schools - Statewide Assessments

. . - . I. -• .. I Why? • The proposed change provides funding to increase the PSA by 2.0°/o rather than 1.5°/o as required by law • This is possible since including these items in the statewide local need allows the cost to be shared with local taxpayers • These items WOULD NOT be counted as part of the PSA - Will continue to be provided at the state level

~ ~ 2.0°/o Inc. 2.0°/o Rolling In $663.7 $666.9 +$3.2 $678.1 $11.2 Total Need $314.0 Property Tax $314.7 +$0.7 $317. $2.6 State Share $349.7 $352.1 +$2.4 $3 +$8.7 100°/o State 100°/o State Funds Funds $7.8 $7.8 -$7.8 Technology -$1.5 $1.5 $1.5 Assessment -$1.9 Sparsity Part of Total Need $11.2 $11.2 Total $360.9 $363.3 +$2.4 $360.8 -$2.S Tota I State Cost

~ ~ . . - ... I. -• .. I Levies Will Still Decrease The proposed Pay 16 levy on owner occupied property will be 0.177 /owerthan Pay 15 Owner Other/ AG Occupied Commerical Current Levy {Pay 15) 1.782 4.252 9.106 1.5% Increase in PSA 1.536 3.990 8.545 vs. Pay 15 (0.246) (0.262) (0.561) Ill 2% Increase in PSA 1.543 4.009 8.586 ·s: vs. Pay 15 {0.239) {0.243) {0.520) ....I vs. 1.5% Increase 0.007 0.019 '° .-1 > 2% Plus Adjustments 1.568 4.075 n:s 0.. vs. Pay 15 0.214) vs. 1.5% Increase 0.032 vs. 2. 0% Increase 0.025

2015-2016 Per Student Allocation 2014-2015 School Year Per Student Alloca ti on $ 4,78 1. 14 Increased by 1.5% (CPI-W or 3°/o wh ichever is less $ 71. 72 Addtional 0.5°/o to get to 2o/o $ 23.90 2015-2016 School Year Per Student Allocation $ 4,876.76

$4,804.60 $3,967.88 $3,889.19

History of Fall Census Enrollment fo Public Schools Total K · lZ 140,000 ---------------------------------------------- 115,000

History of Fall Census Enrollment for Public Schools Grades K • 12 -- Grade Tw<> - Gr.fdc-Three _._ Gr.de Four -- GradeFPt'e -- Grade Su: -- Grade Se1oen

State Sha re $ LEP Adj. (Workforce # LEP State (PSA X 25%) Students LEP Need Share% Fund) FY15 Budgeted $ 1,195.29 53.80% $ 2,004,428 3,117.0 $3,725,703 FY15 Actua l $ 1,195.29 2,650.0 51. 76% $ 1,639,501 $3,167,505 FY16 Budget $ 1,219.19 2, 807.5 $3,422, 876 53.20% $ 1,820,970

Multiplied by: 2015-2016 Per Student Allocati on 2014-2015 Sc h ool Yea r Per Student Allocation 4, 78 1.14 $ Increased by 1 .5 % (CPI-W or 3% whichever is less) 71.72 $ Addtional 0.5% to get to 2% 23.90 $ 2015-2016 School Year Per Student Allocation 4,876.76 $ $ 646,414,538 Pl us Other Ad justments: Sma ll School Adjustment 17 ,037,376 ELL Adjustment 3,422,876 Plus Technology and Assessment Adjustment 9,312,086 Plus Sparsity 1,900,032 Equals Statewide Local Need 678,086,908

AG Ow ner 0 cc Ot h er /Ut il ities $1.782 $4.252 $9.106 $1.568 $4.075 $8.727 STATE AID P ROPER TY VAL UATIONS TOTAL AG Ow ner 0 cc Ot h er/ Ut ilities Total s 31,471,293,736 s 26,197,294,217 s 74,634,581,694 $ 16,965,993,741 s 36,191,987,796 s 27 ,507,158,928 s 17,474,973,553 s 81,174,120,277 As sumed growth for pay 2015 15.00% 5.00% 3.00 % AMOU NT RAISED (Valuation x Levy) AG Ow ner 0 cc Ot h er/ Ut il ities Total s 111,390,895 s 56,081,845 $ 154,492,339 $ 321,965,079 s 112,091,673 s 56,749,037 $ 152,504,094 $ 321,344,804 F Y1 6 ES TIM ATED LOCAL EFFORT AG Ow ner 0 cc Ot h er /Ut ilities Total 1/2 14 pay 15 28,040,923 55,695,448 $ 77,246,170 160,982,540 1/215 pay 16 56,045,836 $ s T OTAL

$4, 129 ,614 $2, 167 ,285 $2,216,597 Elk Mountain 16-2 $56,287 $98,627 $101 ,07 1 $ 143, 411 $2,558,954 $1 ,584,688 $1 ,582, 313 $602,269 $458 ,1 39 $484,576 Lead-Deadwood 40-1 $3,846,833 $2,883 ,1 86 $2,962,217

Equals Statewide Local Need $ 678,086,908 Less: Statewide Local Effort* $ 321 ,654,417 Adjust for districts whose local effort exceeds need 4,320,367 $ Total Fiscal Year 2016 State Aid $ 360,752,858

State Aid Fall Enrollment Multiplied by: 2015-2016 Per Student Allocation 2014-2015 School Year Pe r Student A llocation $ Increased by 1.5% ( CPI-W or 3% whichever is l ess ) $ Addtiona l 0.5% to get to 2% $ 2015-2016 School Year Per Student Allocation $ $ Plus Other Adjustments: Small School Adjustment $ 17 , 037 , 376 3,422 , 876 ELL Adjustment $ Pl us Tech no l ogy and Assessment Adjustmen t $ 9, 312 , 086 Plus S P- arsity $ 1, 900 , 032 Equals Statewide Local Need $ 678,086,908 Less: State vvi de Local Effort" $ 321 , 654,417 Adjust for districts whose local effort exceeds need $ 4 , 320 , 367 Total Fiscal Year 2016 State Aid $ 360 , 752,858 Less : FY 16 ELL Funds Needed 1, 820 , 970 $ Total FY16 State Aid GENERAL FUNDS NEEDED $ 358,931,888 "' subtracted $525 d ue to round i ng en-o r that occurred whe n converting to per s t udent amount Fiscal Year 2015 General Funds Budgeted : State Aid to Genera l Ed $ 34 1, 362 , 917 Technology in Schoo ls 7 , 559 , 614 $ Sparsity $ 1, 863 , 053 Total FY15 General Funds Budgeted: $ 350 , 785 , 584 FY16 General Fund Needed less FY15 Budgeted $

Special Education FY2Q13 FY1§ GQ~ B~ ( D~g:~a~ Q~~c Allocations: (rebased) FV2014 FV2015 (2.0%) FV15 Level 1 Disability (% of ADM) $4 , 525 $4, 660.75 $4 , 800.57 $4 , 896.58 $96.01 Level 2 Disability ( ch ild count) $11 ,1 24 $11 , 457 . 72 $11 , 801.45 $12 , 037.48 $ 236 . 03 Level 3 Disability ( ch ild count) $14 , 788 $15 , 231 . 64 $15 , 688.59 $16 , 002.36 $313.77 Level 4 Disability ( ch ild count) $13 , 204 $13 , 600 . 12 $14 , 008.12 $14 , 288.28 $ 280 .1 6 Level 5 Disability (child count) $19 , 993 $20 , 592 . 79 $21 , 210.57 $21 , 634.78 $424.21 Le vel 6 Disability (child count) $7 , 205 $7 , 421 . 15 $7 , 643 . 78 $7 , 796.66 $152.88

Funding Per Student Child Count Local Need $ 4,896.58 14,340 $ 70,215,058 Level2 $ 12,037.48 2,776 $ 33,416,044 Level 3 $ 16,002.36 367 $ 5,872,866 Level4 $ 14,288.28 934 $ 13,345,254 Level 5 $ 21,634.78 390 $ 8,437,564 Level 6 $ 7,796.66 308 $ 2, 401 , 371 FORMULA NEED $133,688,158 Plus Adjustments: Extraordinary Cost Fund A ll ocation $ 4,000,000 SDSBVI Summer Program 200,000 $ STATEWIDE LOCAL NEED $137,888,158

STATEWIDE LOCAL NEED $137,888, 158 Less: Statewide Local Effort $ 96,761 ,253 Adjust for districts whose local effort exceeds $ 13,756,473 Total Fiscal Year 2016 State Aid $ 54,883,378

Disabil ity Funding Per Level Student Child Count Local Need Level 1 $ 4,896.58 14,340 $ 70,215,058 Level2 $ 12,037.48 2,776 $ 33,416,044 Level 3 $ 16,002.36 367 $ 5,872,866 Level4 $ 14,288.28 934 $ 13,345,254 Levels $ 21 ,634.78 390 $ 8,437,564 Level 6 $ 7,796.66 308 $ 2, 401 , 371 FORM ULA NEED $133,688,158 Plus Adjustme nts: Ext ra ordinary Cost Fund Allocati on 4,000,000 $ SDSBVI Summer Pr og ram $ 200,000 STATEWIDE LOCAL NEED $137,888,158 Less: Statewide Local Effort $ 96, 761 ,253 Ad·ust for districts whose local effo rt exceeds $ 13,756,473 Total Fiscal Year 2016 State Aid $ 54,883,378 Current MOE $ 53,045,141 Fiscal Year 2015 Budget for State Aid $ FY16 Increase Needed $