BOARD WORK SESSION #1: OPENING PRESENTATION 2020-2021 [PDF]

SLIDE 1

BOARD WORK SESSION #1: OPENING PRESENTATION

2020-2021 SUPERINTENDENT’S PROPOSED BUDGET PART A

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

CENTRAL OFFICE – BOARD ROOM FEBRUARY 10, 2019 | 5:30pm

SLIDE 2

Board(2020) >> Budget 2021 >> FY21 – WS#1 – 2-10-20 - Opening Presentation.pdf

BUDGET PRESENTATION BUDGET PRESENTATION

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SLIDE 3

Important Dates Major Funds Budget 2020 – 2021 Goals Staffing Proposals General Fund Overview Expenditures Revenues Budget Summary Other Considerations – Unknowns Proposed Schedule of Meetings Questions – Public Comment

AGENDA AGENDA

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SLIDE 4

IMPORTANT DATES IMPORTANT DATES

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

Fiscal Year: July 1st to June 30th (July 1, 2020 to June 30, 2021)
Tax Assessment Year: April 1st to March 31st (April 1, 2019 to March 31, 2020)

SLIDE 5

MAJOR FUNDS MAJOR FUNDS

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

General Fund (1110) Food Service Fund (1221) Grants and Special Funds (1222)

Annual Operating Budget
Federal Program –

National School Lunch Program

Required to have a Zero

Balance or Surplus at Year End

State and Federal Grants,

and Private Funds

SLIDE 6

2020-2021 BUDGET OBJECTIVES AND EXPECTATIONS 2020-2021 BUDGET OBJECTIVES AND EXPECTATIONS

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

OBJECTIVES:

Supporting school safety
Providing services to support social, emotional and behavioral needs, including early intervention
Re-allocating staff and resources--hiring additional certified staff and decreasing non-certified
Reallocation of salary and benefits between grants and district funds
Technology
Increase Revenue from Medicaid

EXPECTATIONS

Reduce retiree health
Increase in Deerfield Tuition – Regular and Special Ed
Increase in Special Education Aid
Increase in Real Property Growth
Increase in Vocational Revenue

SLIDE 7

OVERVIEW – STAFF CHANGES FOR 2020-2021 OVERVIEW – STAFF CHANGES FOR 2020-2021

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

FTE DESCRIPTION IMPACT ON CLASS SIZE OR PROGRAMS SUPERINTENDENT’S BUDGET* 1 School Safety Compliance Officer New Position 137,462.54 1 Custodian (CHS) – Floater New Position 66,610.27 1 District Nurse – Floater New Position 88,928.60 1 Family Home Visitor New Position - Ages: 0 – 5 108,360.80 5 Special Education Teacher New Positions - ADS, BGS, BMS, CMS, & MBS 497,909.05

10

Reduction in non-Certified Staff

276,402.50

4.65 Permanent Substitute New Positions - ADS, BGS, BMS, CMS, & MBS 96,323.22

1

Reduction in Substitute Account

107,650

3 Education Assistant – MBS Kindergarten New Positions to Support Kindergarten @ MBS 91,236.42 2 Social Workers New Positions - BMS, ADS/CMS (shared) 199,163.60 1 Classroom Teacher – CMS New teacher due to enrollment 99,581.81 1 Special Education Teacher – RMS New Position – SPED/LD 99,581.81 0.4 Occupational Therapist - BGS Additional Support for BGS/RMS 61,567.21 1 Guidance Counselor New Position - CHS 99,581.81 0.67 Theater Arts Teacher – CRTC Perkins Grant Funding Expiring to General Fund (expense offset by CRTC revenue) 92,562.48 1 Assistant Principal – RMS New Position 168,932.06 1 Sabbatical Coverage - ½ Year Teacher Position Amount needed to Fund ½ year Sabbatical 52,454.22 TOTAL 1,576,203.40

SLIDE 8

OVERVIEW OVERVIEW

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

* Affects Tax Rate FUND FY20

10/28/2020

FY21

PROPOSED

CHANGE ($) CHANGE (%) (1110) * General Fund 86,135,367 88,815,974 2,680,607 3.11 (1221) Food Service 1,960,512 1,963,942 3,430 .17 (1222) Grant Funds 3,600,200 3,600,200 TOTAL FUNDS 91,696,079 94,380,116 2,684,037 2.93

(1110) - General Fund 93.94% (1221) - Food Service Fund 2.14% (1222) - Grant Funds 3.93%

FY21 MAJOR FUNDS

(1110) - General Fund (1221) - Food Service Fund (1222) - Grant Funds

SLIDE 9

EXPENDITURE SUMMARY BY OBJECT EXPENDITURE SUMMARY BY OBJECT

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

CHANGES OVER CURRENT YEAR BUDGET (rounded): Salaries & Benefits: $68,346,585

Increase due to Salary Steps, Increases, and New Positions |

+1,484,683

Increase in Benefits (incl NHRS) | +$2,275,944
Increase in Healthcare | +$1,613,478
Increase in Teacher NHRS | +$119,347
Decrease in Life/Disability | +$12,839
Increase in Dental | +$182,795
Decrease in Worker’s Compensation | +$144,272

Contracted Services, Maint, Supplies, Equipment: $11,980,608

Increase in Out of District Tuition | $361,010
Decrease Natural Gas | ($48,000) | Propane ($7,000)

Debt Service: $6,212,187

Decrease in Principal and Interest | ($259,204)

Contingency, Dues, Fees and Transfers: $2,276,594

Transfer $ into the Facilities Stabilization Fund

PROPOSED FY21 GENERAL FUND EXPENDITURES: $88,815,974 Salaries & Benefits 76.95% Contracted Services, Furniture, Supplies 13.49% Debt Service 6.99% Dues, Fees & Tranfers 2.56%

FY21 BUDGET EXPENDITURES

SLIDE 10

EXPENDITURES

(BY FUNCTION)

EXPENDITURES EXPENDITURES

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SLIDE 11

EXPENDITURES – REGULAR EDUCATION EXPENDITURES – REGULAR EDUCATION

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

Summary Our enrollment decreased 2.7% from last

year. (2% at elementary; 1% at middle; 4%

at high) The results of a recent demographic study predict that our enrollment will continue to decline in middle and high schools, with the elementary increasing slightly. We anticipate an overall 10% decrease in the next decade. Highlights

4237 students in our district fall 2019

enrollment, K-12

Elementary School enrollment

decreased by 43 students.

Middle School enrollment decreased by

12 students.

High School enrollment decreased by

66 students.

Ten Year District Fall Enrollment

4937 4771 4754 4689 4658 4583 4534 4442 4358 4237

10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18 18-19 19-20

SLIDE 12

EXPENDITURES – SPECIAL EDUCATION EXPENDITURES – SPECIAL EDUCATION

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

Highlights

704 students with IEPs, ages 3 – 21 in district
28 students placed out of district
22 students attend charter schools
22 students attend Second Start
(7 SpEd/15 Reg Ed)

Additional Staff for Preschool, Elementary and Middle

Staff to support students with significant

social/emotional needs

Additional Occupational Therapist support
Intervening early with students and families in

need

Special Education Students ADDITIONAL DETAILS: Work Session #3: Student Services, Monday, Feb 17th @ 5:30pm – Central Office – Board Room

782 778 783 750 763 739 704

SLIDE 13

EXPENDITURES – [1300] - VOCATIONAL EDUCATION EXPENDITURES – [1300] - VOCATIONAL EDUCATION

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SUMMARY

Vocational Education (Function 1300) includes funds for

staff and resources at the Concord Regional Technical

Center. We are proposing a budget of $1,869,880, an

increase of $292,023 or 18.51%* INCLUDES

1300

Vocational Programs

1310

Agriculture

1320

Distributive Education

1330

Health Occupations

1340

Home Economics

1341

Occupational

1342

Consumer

1350

Industrial Arts

1360

Office Occupations

1370

Technical Education

1380

Trades and Industrial

1390

Other Vocational Programs HIGHLIGHTS

Add .67 Theater Arts to General Fund | $92,562.48
Increase supplies for Summer Camp | +$2,075 (offset by

camp revenue)

Increase Revenue | $446,577

OFFERINGS

Automotive Technology
Computer Engineering
Construction Trades
Cosmetology
Criminal Justice
Culinary & Pastry Arts
Emergency Services
Fire Science
Graphic Design & Creative Media
Health Science
Teacher Preparation
Theater and Film

SENDING SCHOOLS:

Bow High School
Concord High School
Hillsboro-Deering High School
Hopkinton High School
John Stark Regional High School
Kearsarge Regional High School
Merrimack Valley High School
Pembroke Academy
Pittsfield High School

* Increase artificially inflated due to change in grant account. Discussion.

SLIDE 14

EXPENDITURES – [1400] - CO-CURRICULAR ACTIVITIES EXPENDITURES – [1400] - CO-CURRICULAR ACTIVITIES

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SUMMARY

The co-curricular budget covers school sponsored clubs,

school sponsored athletics and summer school. We are proposing a budget of $1,167,148 or an increase of $48,012 or 4.29%. INCLUDES

Stipends for club advisors at CHS and RMS and fund for

elementary activities

Salaries and benefits for Director of PE/Sport,

administrative assistant,

Stipends for coaches at CHS and RMS
Stipends for referees, game officials
Repairs and maintenance of equipment (e.g. Helmets)
Rental Increase and Insurance Costs for Use of facilities

(e.g. hockey rink, ski area)

RMS & CHS Athletic Trainer
Supplies and Equipment
Salary and benefits for high school summer school

teachers

JV Hockey Program

HIGHLIGHTS

Increase in Purchases Services – Insurance | $900
Increase in Supplies | $2000
Increase in Equipment | $4,100
JV Hockey Included in Budget for Discussion*

ADDITIONAL DETAILS: Work Session #4: Curriculum and Technology, Mar 2nd @ 5:30pm – Central Office – Board Room

SLIDE 15

EXPENDITURES – [2200] - SUPPORT SERVICES EXPENDITURES – [2200] - SUPPORT SERVICES

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities. SUMMARY

The Support Services (2200 series) budget includes costs for

library/media, assessment and technology programs and services as well as funds for all course reimbursements and conference and

travel. We are proposing a budget of $4,181,980 or an increase of

$635,298 or 17.91%.

INCLUDES

2000

Support Services

2100

Student Support Services

2110

Attendance / Social Work Srvcs

2113

SOCIAL WORK SERVICES

2119

Other Attendnc/Social Work Srv

2120

Guidance Services

2122

Counseling Services

2123

Appraisal/Assessment Services

2125

Record Maintenance Services

2126

PLACEMENT SERVICES

2130

Health Services

2134

Health - Nursing Srvs

2140

Psychological Services

2143

Psychological Counseling Srv

2150

Speech and Audiology Services

2152

Speech Services

2153

Audiology Services

2160

Physical/Occupational Therapy

HIGHLIGHTS

No deposit or withdrawal from the Technology Trust Fund |

($600,000)

Replacement of CHS Teacher and Student Devices | $870,000
2190

Other Support Services

2191

Vision Services

2200

Support Srvcs for Instruction

2210

Curriculum Related Development

2211

Mentoring Program

2212

Curriculum Development

2213

Staff Development

2214

Leadership

2215

Instructional Research/DataSrv

2219

Improvement to Instr - Other

2220

Educational Media Services

2222

Library Services

2223

Audiovisual Services

2224

Educational Television Srv

2225

Technology Services

2229

OtherEducationalMediaServices

2290

Other Supprt Srv for Instructn

ADDITIONAL DETAILS: Work Session #4: Curriculum and Technology, Mar 2nd @ 5:30pm – Central Office – Board Room

SLIDE 16

EXPENDITURES – [2300 | 2400 | 2500 | 2800] - ADMINISTRATION EXPENDITURES – [2300 | 2400 | 2500 | 2800] - ADMINISTRATION

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SUMMARY

Administration (Functions 2300, 2400, 2500 and 2800)

are accounts that cover the board, central office, schools, fiscal, and human resource administration. We are proposing a budget of $8,351,526, an increase of $193,352.78 or 2.37%. INCLUDES

Central Office Staffing and Support
Principals
Assistant Principals
School Safety Compliance Officer

HIGHLIGHTS

School Safety Compliance Officer |$137,462.54
RMS Assistant Principal | $168,932.06

Abbot-Downing Beaver Meadow Broken Ground Christa McAuliffe Mill Brook Rundlett Middle School Concord High School

SLIDE 17

EXPENDITURES – [2600 |4600 | 5100] - BUILDING, GROUNDS, CONSTRUCTION, PRINCIPAL AND INTEREST EXPENDITURES – [2600 |4600 | 5100] - BUILDING, GROUNDS, CONSTRUCTION, PRINCIPAL AND INTEREST

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities. SUMMARY

This budget covers Buildings and Grounds, Construction, and

Principal and Interest on Debt. We are proposing a budget of $12,450,803, a decrease of ($114,314) or .91% INCLUDES

Director, Maintenance and Custodial Staff
Maintenance Contracts
Life/Safety/Security Contracts
Summer Projects
Utilities
General Supplies
Equipment
Debt Service (BAB and QSCB)

HIGHLIGHTS

Increase in Processional Services | $56,150
Utilities – Decrease in Water/Sewer | ($5,800)
Utilities – Decrease in Natural Gas | ($48,000)
Utilities – Decrease in Bottle Gas | ($7,000)
Decrease in Debt Service Principal & Interest | ($259,204)
Summer Projects| $250,000

* Not Shown - Administrative Office, and (6) Other Support Buildings (White Farm, Stable, Curtisville Rd, Maintenance, COMF, fmr. Eastman School)

Abbot-Downing (2012) – 73,446 sq ft Beaver Meadow (1987) – 68,000 sq ft Broken Ground (1971) – 72,000 sq ft Christa McAuliffe (2012), 71,485 sq ft Mill Brook (2012) – 64,580 sq ft Rundlett Middle School (1957) – 186,000 sq ft Concord High School (1926) – 535,000 sq ft

Further Discussion – Work Session on Capital Facilities and Debt Service – February 10, 2020

SLIDE 18

EXPENDITURES – [2700] - TRANSPORTATION EXPENDITURES – [2700] - TRANSPORTATION

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities. SUMMARY

The district manages its own school transportation bus system.

We are proposing a budget of $3,489,152, an increase of $32,704 or .95% INCLUDES

Transportation Director, Dispatch/Trainer; Field Trip Supervisor,

Transportation Clerk, OT

Bus drivers, monitors, crossing guards and mechanics salaries and

benefits

Contracts to transport students out-of-district placements
Provide and manage homeless transportation
Repair, maintenance, and fuel (diesel & gasoline)
Co-Curricular /Charter / PTO trips
After school transportation
Summer transportation for City of Concord Recreation
Transportation for 21C, offset by revenue from 21st Century Grant

and charter services

General Supplies

HIGHLIGHTS

Decrease in Equipment | ($145,500)*
Increase in Field Trips – RMS & CHS Special Education | $1,000

QUICK FACTS

353,362 Miles Driven In 2018-2019

27 Large Passenger Buses 13

(12 routes +1 spare)

Special Needs Buses DESCRIPTION STAFF Drivers 45* Monitors 9 Crossing Cards 15 Mechanics 2 Director & Office Staff 4 TOTAL 75

(1) plow truck, (1) mechanic chase(road call), (1) courier (1) safety officer (auto), (2) CHS

ne-on-one Advance program

(4) minivans (routes homeless, special

situations)

192,176 Miles Driven In 2018-2019 * Fully Staffed

SLIDE 19

EXPENDITURES – [2900] - BENEFITS EXPENDITURES – [2900] - BENEFITS

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SUMMARY

Funds for severance payments as well as benefits for

retirees and accounts related to employee benefits. We are proposing a budget of $1,668,090. HIGHLIGHTS

Increase in CEA Veterans Salary Schedule | +$6,000
Decrease Health Insurance for Retirees under 65 |

($75,000)

Decrease Dental Insurance (self-insured) | TBD
Increase in Life and Disability | $12,839
Increase in Worker’s Compensation | $43,370

ADDITIONAL DETAILS: Work Session #2: Salaries & Benefits, Thursday, Feb 13th @ 5:30pm – Central Office – Board Room

SLIDE 20

EXPENDITURES – [2900] - BENEFITS EXPENDITURES – [2900] - BENEFITS

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

Source: NHRS Website – *Employer Contribution Rates | **Decennial Retirement Commission – Final Report

NEW HAMPSHIRE RETIREMENT SYSTEM (NHRS) Employer Rates:

Teacher Rate: 17.80%
Increase of .44% from 17.36% to 17.80% in FY20.
Increased from 15.67% to 17.36% in FY18.
Non-Teacher Rate: 11.17%
Decrease of .21% from 11.38% to 11.17% in FY20.
Increased from 11.08% to 11.38% in FY18

Employee Rates:

Increased from 5% to 7% in 2012.

Note:

NHRS created “Now You Know”, a series designed to provide

you with straight talk about the retirement system. NHRS:

Employer contribution rates are set every two years. The rates

are based on a biennial actuarial valuation, which is a model of expected liabilities based on reasonable actuarial assumptions, including the rates of investment return and payroll growth, eligibility for the various classes of benefits, and the projected life expectancies of members and retirees. The next rate setting will effect the FY22 budget.

Final Report of Decennial Commission**

0.00% 2.00% 4.00% 6.00% 8.00% 10.00% 12.00% 14.00% 16.00% 18.00% 20.00% 5 10 15 20 25 30 35 40

Rates Since 1971*

NON-TEACHER TEACHER

SLIDE 21

EXPENDITURES – [5200] – TRANSFERS - DEPOSITS EXPENDITURES – [5200] – TRANSFERS - DEPOSITS

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities. SUMMARY

Funds for deposits into reserve accounts or to other major fund
accounts. We are proposing a budget of $1,768,607, a decrease of

($1,337,013). HIGHLIGHTS

Transfer up to $98,665 into the School Building Maintenance Fund.
Raised from Deerfield Capital Fee. No Tax Impact.
Decrease | ($259,741)
Transfer $1,456,024 into the Facilities and Renovation Trust Fund
Maintains Board’s goal of keeping 5% of the district General

Budget for debt service.

Decrease | $455,585*
Transfer $193,918 into the Vocational Center Capital Reserve.
Raised from the state and charging sending districts. No

impact on the tax rate.

Transfer up to $20,000 into the Food Service Fund to cover student

debt.

EXPENDABLE TRUST PROJECTED FY21 BEGINNING BALANCE DEPOSITS School Buildings Renovation and Maintenance Fund 804,072 98,665* Instructional Materials Trust Fund 45,217 Health and Dental Medical Reserve 1,036,115 Energy Trust Fund 169,956 Facilities Purchase and Renovation Expendable Trust Fund 7,264,789 1,456,024 Vocational Center Capital Reserve 669,261 193,918* Special Education Expendable Trust 394,731 Innovation Technology Expendable Trust Fund 302,094 Food Service Fund 20,000 TOTAL 10,686,235 1,748,607

* - No Tax Impact

SLIDE 22

EXPENDITURES – [5200] – TRANSFERS - WITHDRAWALS EXPENDITURES – [5200] – TRANSFERS - WITHDRAWALS

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities. SUMMARY

Funds for deposits into reserve accounts or to other major fund
accounts. We are proposing a budget of $1,768,607, a decrease of

($1,337,013). HIGHLIGHTS

Transfer up to $50,000 from the Instructional Trust Fund
Funds used to purchase new Literacy materials for grades K-5,

continuing our implementation of Fountas and Pinnell Classroom we began last year.

Transfer up to $100,000 from the Health and Dental Medical

Reserve.

Funds used to mitigate retiree health and dental costs, if

necessary

Transfer up to $125,000 from the Vocational Center Capital Reserve.
Funds used to pay for program improvements. No impact on

the tax rate.

EXPENDABLE TRUST PROJECTED FY21 BEGINNING BALANCE (WITHDRAWALS) School Buildings Renovation and Maintenance Fund 804,072 Instructional Materials Trust Fund 45,217 (50,000) Health and Dental Medical Reserve 1,036,115 (100,000) Energy Trust Fund 169,956 Facilities Purchase and Renovation Expendable Trust Fund 7,264,789 Vocational Center Capital Reserve 669,261 (125,000)* Special Education Expendable Trust 394,731 Innovation Technology Expendable Trust Fund 302,094 TOTAL 10,686,235 (275,000)

* - No Tax Impact

SLIDE 23

SUMMARY OF EXPENDITURES BY FUNCTION GROUP

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities. EXPENDITURE FUNCTION FY20 – BUDGET 10/28/19 FY21 – PROPOSED BUDGET CHANGE ($) CHANGE (%)

[1100] - Regular Education 29,857,298.12 30,552,284.21 694,986.09 2.33 [1200 | 2100] - Special Ed and Pupil Services 21,450,727.55 23,143,977.75 1,693,250.20 7.89 [1300] - Vocational Education 1,577,857.00 1,869,880.48 292,023.48 18.51 [1400] - Co-Curricular Activities 1,133,435.00 1,181,447.00 48,012.00 4.24 [1600] - Adult Education/Community Ed 162,262.00 152,342.00 (9,920.00) (6.11) [2200] - Support Services 3,546,682.28 4,181,980.28 635,298.00 17.91 [2300 | 2400 | 2500 | 2800] - Administration 8,158,173.35 8,351,526.13 193,352.78 2.37 [2600 | 4600 | 5100| - Building, Grounds, Construction, Principal & Interest 12,565,118.70 12,450,803.97 (114,314.73) (0.91) [2700] - Transportation 3,456,448.00 3,489,152.18 32,704.18 0.95 [2900] - Benefits 1,121,745.00 1,668,090.00 546,345.00 48.70 [5200] - Transfers 3,105,620.00 1,768,607.00 (1,337,013.00) (43.05)

Support Services*

0.00 5,883.00 5,883.00

TOTAL GENERAL FUND EXPENITURES

86,135,367.00 88,815,974.00 2,680,607.00 3.11

SLIDE 24

SUMMARY BY EXPENDITURES BY OBJECT SUMMARY BY EXPENDITURES BY OBJECT

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities. EXPENDITURE OBJECT FY19 – BUDGET 10/29/18 FY20 – PROPOSED BUDGET CHANGE ($) CHANGE (%) [610000] - SALARIES 44,503,905.00 45,988,588.43 1,484,683.43 3.34 [620000] - BENEFITS 20,082,053.00 22,357,996.57 2,275,943.57 11.33 [630000] - PROFESSIONAL SERVICES 2,392,580.70 2,580,956.05 188,375.35 7.87 [640000] - PURCHASED PROPERTY 1,713,767.40 1,370,650.62 (343,116.78) (20.02) [650000] - PURCHASED SERVICES 3,145,252.24 3,501,761.78 356,509.54 11.33 [660000] - SUPPLIES, BOOKS AND UTILITIES 3,523,067.51 3,440,361.99 (82,705.52) (2.35) [670000] - EQUIPMENT 448,198.15 1,086,877.56 638,679.41 142.50 [680000] - DUES, FEES & INTEREST 3,660,923.00 3,340,174.00 (320,749.00) (8.76) [690000] - PRINCIPAL AND TRANSFERS 6,665,620.00 5,148,607.00 (1,517,013.00) (22.76) TOTAL GENERAL FUND EXPENDITURES 86,135,367.00 88,815,974.00 2,680,607.00 3.11

SLIDE 25

REVENUES

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SLIDE 26

REVENUE

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

LOCAL

Includes: Tuition, Transportation, Building Rental, Athletics, PILOT, Investments

Income*, Deerfield Tuition (Special Ed)** STATE

Catastrophic Aid, Adequacy, Building Aid (grandfathered), Vocational Aid

FEDERAL

Medicaid, E-Rate, Bond Interest Rebates

TRANSFERS

From Grants (Indirect) and Expendable Trust Funds, Benefits Risk Management

Reserve, and Instructional Trust UNRESERVED FUND BALANCE

Savings from Prior Year Budget

FY20 FY21 CHANGE($) CHANGE (%) 4,746,902 5,218,486 471,584 9.93 FY20 FY21 CHANGE($) CHANGE (%) 17,908,982 17,955,656 46,674 .26 FY20 FY21 CHANGE($) CHANGE (%) 824,849 1,304,698 479,849 58.17 FY20 FY21 CHANGE($) CHANGE (%) 550,788 223,840 (326,948) (59.36) FY20 FY21 CHANGE($) CHANGE (%) 1,952,365 1,900,000 (52,365) (2.68) FY20 FY21 CHANGE($) CHANGE (%) 24,031,521 24,702,683 671,162 2.79% TOTAL REVENUE FROM SOURCES

LOCAL 20% STATE 67% FEDERAL 5% TRANSFERS/OTHER 1% FUND BALANCE 7%

SOURCES OF REVENUE BEFORE TAXES

LOCAL STATE FEDERAL TRANSFERS/OTHER FUND BALANCE

SLIDE 27

REVENUE

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

TAXES

LOCAL STATE LOCAL & STATE Estimated Tax Impact:

250,000 = $120.00 (local) and -$15.00 (state) = $105.00*

* For a home assessed at $250,000 for the 2019 Property Tax Year (April 1, 2019 – March 31, 2020) and assuming the same house doesn’t have any increase in assessed value, the home owner would pay 2.74% more than the current year in local and state education property taxes. THIS DOES NOT INCLUDE CITY OR COUNTY TAXES. Source: City of Concord Website FY20 FY21 CHANGE ($) CHANGE (%) Local Tax ($) 52,405,947 54,717,336 2,311,390 4.41 Local Rate 13.26 13.74 0.48 3.62 FY20 FY21 CHANGE ($) CHANGE (%) State Tax ($) 7,730,534 7,495,955 (234,579) (3.03) Local Rate 2.05 1.99 (0.06) (2.93) FY20 FY21 CHANGE ($) CHANGE (%) Local & State($) 60,136,481 62,213,291 2,076,810 3.45 Local & State Rate 15.31 15.73 0.42 2.74

0% 10% 20% 30% 40% 50% 60% 70% 0.00 500,000,000.00 1,000,000,000.00 1,500,000,000.00 2,000,000,000.00 2,500,000,000.00 3,000,000,000.00 3,500,000,000.00 4,000,000,000.00 4,500,000,000.00 5,000,000,000.00

CONCORD SCHOOL DISTRICT ASSESSED VALUATION & TAX RATE DISTRIBUTION 1996 TO 2018

Local Valuation for City Rate Valuation for Local School Rate % City Tax Rate % Total School Rate % County Rate

SLIDE 28

BUDGET SUMMARY GENERAL FUND ONLY

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SLIDE 29

BUDGET SUMMARY – GENERAL FUND ONLY

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

DESCRIPTION FY20 – FINALIZED 10/28/19 FY21 – PROPOSED BUDGET CHANGE ($) CHANGE (%) EXPENDITURES Total Appropriation 86,135,367 88,815,974 2,680,607 3.11 REVENUES Local 4,746,902 5,218,486 471,584 9.93 State 17,908,982 17,955,656 46,674 0.26 Federal 824,849 1,304,698 479,849 58.17 Transfers 550,788 223,840

326,948
59.36

Unreserved Fund Balance 1,952,365 1,900,000

52,365
2.68

State Education Tax 7,730,534 7,495,955

234,579
3.03

Local Education Tax* 52,405,947 54,717,336 2,311,389 4.41 TOTAL REVENUES 86,135,367 88,815,974 2,680,607 3.11

* - Affects Tax Rate

SLIDE 30

OTHER BOARD CONSIDERATIONS AND UNKNOWNS (to be discussed on Thursday, February 13th, WS#2)

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SLIDE 31

WORK SESSION SCHEDULE

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

SLIDE 32

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.

2020-2021 BUDGET WORK SESSION SCHEDULE

DATE DAY TIME LOCATION TOPIC NOTE February 13th Thursday 5:30pm Central Office – Board Room WS#2: Salaries and Benefits February 17th Monday 5:30pm Central Office – Board Room WS#3: Student Services March 2nd Monday 5:30pm Central Office - Board Room WS#4: Curriculum and Technology Monthly Board Meeting – 7pm March 5th Thursday 5:30pm Central Office – Board Room WS#5: OPEN SESSION & POST Budget ** POST BUDGET ** March 9th Monday 5:30pm Central Office – Board Room WS#6: OPEN SESSION March 12th Thursday 5:30pm Central Office – Board Room WS#7: CHS and CRTC Enrollments March 16th Monday 7:00pm MILL BROOK SCHOOL WS#8: PUBLIC HEARING #1 March 19th Thursday 5:30pm RUNDLETT MIDDLE SCHOOL WS#9: PUBLIC HEARING #2 March 23rd Monday 5:45pm Central Office – Board Room WS#10: OPEN SESSION March 26th Thursday 5:30pm Central Office – Board Room WS#11: OPEN SESSION & FINALIZE FY21 BUDGET ** 5 VOTES IN THE AFFIRMATIVE TO PASS**

NOTE: BUDGET MEETINGS ARE MONDAY & THURSDAY

BOLD: Action Meetings | BOLD & UNDERLINE: Public Hearings

SLIDE 33

PUBLIC COMMENT

Concord School Board encourages the respectful sharing of public comments and would request that those who offer comments this evening be mindful of the time and others who may wish to speak this evening. Policy #136

Our vision is that all Concord students develop a passion for learning, experience excellence in their lives and believe that they have the ability to shape the future of their lives and communities.