Ashwaubenon School District Proposed Budget for the 2019-20 School - PowerPoint PPT Presentation

Ashwaubenon School District Proposed Budget for the 2019-20 School Year

Overview of Presentation • Budget process and priorities • Revenue Limit, Aid, and levy overview • Trends in Ashwaubenon School District • Comparing State Budget Variables impact • 2019-20 budget overview • Community Service Fund budget

Budget Process Overview District Goals and Priorities – Improving Reading and Math test scores – Reducing achievement gaps – Student Safety and Mental Health Support – Maintaining small class size – Focus resources on the classroom

Budget Process Overview Main factors in developing the budget – State Budget Variables • Revenue Limit Per Pupil Increase and Low Revenue Floor • Per Pupil Aid • Special Education Aid Percentage • Equalization Aid Factors – Student counts – Staffing levels (85% of our operating budget) – Health Insurance renewal

Revenue Limit, Aid and Taxes • How does the revenue limit work? • Why is revenue limit important? • How does open enrollment factor into our budget? • What is the impact on Equalization Aid on revenue limit and levy? • Levy and mill rate calculation

What is the Revenue Limit and How is it Calculated? A district's revenue limit is the maximum amount of revenue that may be raised through State general aid and property tax for the General, Non-Referendum Debt, and Capital Expansion Funds, also referred to as Funds 10, 38, and 41 respectively. One-time On-going Resident Revenue Limit Membership $ per pupil (Non-recurring) (Recurring) Authority (FTE) exemptions exemptions • Open Enrollment students are not included in the Revenue Limit calculation • Declining enrollment exemption is a non-recurring exemption • For the first time in 4 years the State Budget includes an increase in the Per Pupil $. The increase is $175 per pupil in 2019-20 and $179 in 2020-21 • The 2018-19 Ashwaubenon per pupil amount is $9,624.59 Budget Book Page 7

Why is Revenue Limit Important The revenue limit + per-pupil categorical aid comprises approximately 70% of the school district's 2019 general fund operating revenue. 2018-2019 Fund 10 and 38 Budgets $ % Revenue Limit w/ all Exemptions $22,169,713 64.8% Per-Pupil Categorical Aid $1,522,318 4.5% Open Enrollment Revenue $9,315,564 27.2% All other operating revenue $1,182,607 3.5% Total $34,190,202 100.0% F10 & F38 Budget Composition $ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Revenue Limit w/ all Exemptions Per-Pupil Categorical Aid Open Enrollment Revenue All other operating revenue Our incoming Open Enrollment students do not have any impact on our District Levy. Open Enrollment revenue is a transfer of general aid from the resident district Page 7

Why is State General Aid Important? The revenue limit calculates how much the district can raise through state general aid and the local tax levy. State general aid identifies who pays. The Revenue Limit less state general aid equals the revenue limit property tax levy. In 2019, approximately 31% of the school district's revenue limit authority is funded through state General Aid comprised of Equalization Aid, Computer and Personal Property Aid and/or High Poverty Aid. 2018-2019 Fund 10 and 38 Budgets $ % Revenue Limit w/ all Exemptions $22,169,713 (less) State EQ, Computer and Personal Property and/or High Poverty Aid -$6,725,756 30.3% Revenue Limit Levy $15,443,957 69.7% Revenue Limit Aid/Levy Composition % 69.7% 30.3% 0.0% 10.0% 20.0% 30.0% 40.0% 50.0% 60.0% 70.0% 80.0% 90.0% 100.0% Page 7 Revenue Limit Levy State General Aid

How is Total District Levy Calculated? School district property taxes include 2019 Estimated Levy Composition $ the: $15,443,957 Revenue Limit Levy • Revenue Limit Levy (General, Non- $0 Referendum-Approved Debt Levy referendum Debt and Capital Expansion Funds) • Referendum-approved Debt Levy (Fund $510,000 Community Services Levy 39) $0 Prior Year Levy Chargebacks and Other • The Community Services Levy (Fund 80). Total school-based Levy $15,953,957 Referendum Community Approved Debt Service Tax Levy Levy (Fund 80) (Fund 39) Revenue Limit Prior Year Levy Tax Levy Chargeback and Total (Funds 10, 38 & Other 41) School Levy * Fund 38 debt levy is part of Revenue Limit levy Page 7

How is the Mill Rate Calculated? Equalized Property Total School Levy $1,000 Mill Rate Value 2019 Total School Levy $15,953,957 Equalized Property Value $1,967,491,792 Mill Rate $8.11 • Mill rate is the tax rate per $1,000 of property value • This is an equalized mill rate that allows for comparison to districts across the State • Assessed mill rates are not comparable to other school district due to the variance in assessment rates in different municipalities • In 2018-19 the State average equalized mill rate for schools was $9.46 • This Estimated Mill Rate will change, final Mill Rate will be known in October when the School District Levy is Certified Page 7

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General Fund Revenue Tax Levy, Equalization Aid, and Open Enrollment Aid 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000,000 0 1999- 2001- 2003- 2005- 2007- 2009- 2011- 2013- 2015- 2017- 2019- 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 General Fund Tax Levy Equalization Aid Open Enrollment Aid Per Pupil Aid

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Budget Adoption • General Fund Budget up 2.3% • Special Education Budget up 1.4% • All Funds combined down 0.8% – Elimination of referendum bond levy – Community Service up-addition PAC Rev/Exp • Levy estimate down 3.1% • Staffing down 2.38 Full Time Equivalents • Student Headcount is projected to increase 66 students

State Budget State Budget included several school finance items – Revenue Limit increase of $175 per student – Low Revenue Limit floor of $9,700 per resident • We are at $9799.59 for 2019-20 • In 2020-21 Low Rev floor will $10,000 when Ashwaubenon is projected to be below the floor – Special Education Aid at 26% of 18-19 aidable costs • Our budget was calculated using 30% reimbursement • Reduction of approximately $94,500 – Per Pupil Aid of $724 per resident student • Our budget was calculated at $679 • Increase of approximately $130,000

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Community Service Fund • Police Liaison Officers (2) – Shared with Village – 50/50 • Pool and Auditorium Supplies, Cleaning, & Repairs • Rec. Department Program & Pool/Auditorium Utilities – Evening and weekend costs for Gyms and schools – Operating cost for Pool and Auditorium • Elementary and Middle Co-Curriculars – Open to all children in community • Ashwaubenon Preschool & Parent Learning Program Page 19

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April 2020 Referendum • The District is seeking input on a possible referendum • Based on feedback received, a possible operational question is being considered • If passed their will be no (or little) increase from current taxes due to early pay-off of bonds related to previous referenda • The following slides give an overview of the current situation which has lead to the possible referendum • For more information go to the referendum information website https://www,Ashwaubenon.k12.wi.us/community/2020-referendum.cfm  Email questions to :  Kurt Weyers, Superintendent kweyers@ashwaubenonk12.org  Keith Lucius, Assistant Superintendent klucius@ashwaubenonk12.org

 The School Board and District Administration take great pride in the condition of the Ashwaubenon Community’s buildings  The District has maintained multi-year facility plan for 20 years District Pride  Annual facility maintenance expenditures ranged from $500,000- 800,000 during that time in Maintaining  We do not have deferred Maintenance! the Buildings  School Safety is a top priority and recent events have changed best practices in school safety that the  Most of our buildings are now over 50 years old Community  Old buildings have need to update major building systems has Built  The cost of these system upgrades does not fit into our limited operating budget  With the upgrades needed the Annual facility budget would at least double for the foreseeable future

District Property Taxes are low  Ashwaubenon School District had the lowest Equalized Property Tax Mill Rate in Brown County for 2019  Current Equalized Mill Rate is 11.5% below the State Average Property Taxes have been going down  Equalized Mill Rate is down over 15% since 2015 levy Property Taxes No Increase in Property Tax Mill Rate related to the in the District Referendum  Existing Referenda approved Debt was paid off in April 2019  By borrowing for the projects, the debt can fit within current Mill Rate without increasing the mill rate  The length of the borrowing will change depending on the amount borrowed  State School Funding rule changes may impact future Mill Rates

Property Taxes in the District

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