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

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

Dec 27, 2022 28 likes •372 views

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

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Ashwaubenon School District

Proposed Budget for the 2019-20 School Year

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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
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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

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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

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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
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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. Resident Membership (FTE) $ per pupil One-time (Non-recurring) exemptions On-going (Recurring) exemptions Revenue Limit Authority

  • 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

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Why is Revenue Limit Important

$ 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100%

F10 & F38 Budget Composition

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

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%

Page 7

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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% 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% %

Revenue Limit Aid/Levy Composition

Revenue Limit Levy State General Aid

Page 7

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How is Total District Levy Calculated?

School district property taxes include the:

  • Revenue Limit Levy (General, Non-

referendum Debt and Capital Expansion Funds)

  • Referendum-approved Debt Levy (Fund

39)

  • The Community Services Levy (Fund 80).

2019 Estimated Levy Composition $

Revenue Limit Levy

$15,443,957

Referendum-Approved Debt Levy

$0

Community Services Levy

$510,000

Prior Year Levy Chargebacks and Other

$0 Total school-based Levy $15,953,957

Total School Levy

Revenue Limit Tax Levy (Funds 10, 38 & 41) Referendum Approved Debt Levy (Fund 39) Community Service Tax Levy (Fund 80) Prior Year Levy Chargeback and Other

Page 7

* Fund 38 debt levy is part of Revenue Limit levy

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How is the Mill Rate Calculated?

  • 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

Total School Levy Equalized Property Value $1,000 Mill Rate 2019 Total School Levy $15,953,957 Equalized Property Value $1,967,491,792 Mill Rate $8.11 Page 7

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Page 8

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Page 9

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Page 10

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Page 11

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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 1999- 2000 2001- 2002 2003- 2004 2005- 2006 2007- 2008 2009- 2010 2011- 2012 2013- 2014 2015- 2016 2017- 2018 2019- 2020

General Fund Revenue Tax Levy, Equalization Aid, and Open Enrollment Aid

General Fund Tax Levy Equalization Aid Open Enrollment Aid

Per Pupil Aid

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Page 12

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Page 13

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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

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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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Page 14

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Page 14-15

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Page 17-18

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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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Page 19

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Page 20

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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

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District Pride in Maintaining the Buildings that the Community has Built

 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  Annual facility maintenance expenditures ranged from $500,000- 800,000 during that time  We do not have deferred Maintenance!  School Safety is a top priority and recent events have changed best practices in school safety  Most of our buildings are now over 50 years old

 Old buildings have need to update major building systems  The cost of these system upgrades does not fit into our limited

  • perating budget

 With the upgrades needed the Annual facility budget would at least double for the foreseeable future

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Property Taxes in the District

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

No Increase in Property Tax Mill Rate related to the 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

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Property Taxes in the District

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Questions ???