Budget April 23, 2018 4/23/2018 Budgetary Priorities Providing - - PowerPoint PPT Presentation
4/23/2018 Wallingford-Swarthmore School District 2018-2019 Proposed Final Budget April 23, 2018 4/23/2018 Budgetary Priorities Providing equity and excellence in educational programs and supporting the needs of every child
4/23/2018
4/23/2018
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Providing equity
excellence
in educational
programs and
supporting the
every
child
Reimaging
educational
programs
in ways
that
yield
for
repurposing educations,
fostering innovation to
programing, supporting every students achievement, and
containing
growth
in District costs
Continuing to close the
structural
deficit
within our
General
budget
Continuing to
long-range planning
4/23/2018
Student Activities,
$1,570,382
,
2%
Debt
Service,
$7,567,382
,
9%
uppo
Budgetary
Reserve,
$400,000
,
0.5%
Instruction,
$48,048,831
, 60%
Total:
$79,927,934
4/23/2018
Purchased Services,
14.90%, $11,91,289
Benefits,
28.30%, $22,619,450 Budgetary
Reserve
Total:
$79,927,934
Supplies,
Books,
Utilities,
Equipment, 3.12%, $2,493,118
Interle^t,
Fees,
&
Transfers*
10.38%, $8,295,212
4/23/2018
Effect
2009-10
4.78% 0.4%
$ 1,459,676
$
729,838
$
46,241
2010-11
5.64% 18.0%
$ 1,750,638 $
875,319 $145,481
2011-12 8.65% 53.4%
$ 2,735.248
$1,367,624 $492,305
2012-13 12.36% 42.9%
$ 3,959,924
$1,979,962 $612,338
2013-14 16.93% 36.9%
$ 5,409,366
$2,704,683 $724,721
2014-15 21.40% 26.4%
$ 6,900,417
$3,450,209 $745,525
2015-16 25.84% 20.7%
$ 8,426,611
$4,213,305
$763,098
2016-17
30.03% 16.2%
$ 9,861,724
$4,930,862 $717,557
2017-18 32.57% 8.5%
$10,838,509 $5,419,254 $488,392
2018-19 33.43% 2.6%
$11,395,205 $5,697,603 $278,348
Total
Growth 599.4%
4/23/2018
Local,
79.50%, $63,538,899
BalaH
Total:
$79,927,934
4/23/2018
/
Percent
Revenue from
State Sources
Rank
.C'2017PSBA
Percent
Revenue from
Local Sources
Rank
/National
Average
46.7%
59.8%
11th
33.2%
37th
West
Virginia 58.1%
14th
31.9%
38th
Maryland
44.3%
30th
49.9%
15th
Ohio 42.2%
33rd
50.3%
14th
New
Jersey 40.3%
37th
55.5%
6th
New
York
40.6%
36th
53.9%
10th
Pennsylvania
37.2%
46th
56.3%
4th
4/23/2018
Uniformity
Clause
requires
all
taxpayers
to be
assessed
the same
basis
> Means
Residential,
Commercial and
property types are taxed
based
the County's
assessed
value
Most
districts have
a
mix
Residential
and Commercial
Property types
WSSD
has 93.5%
Residential
and
6.5%
Commercial
is
the
lowest
ratio
for
Commercial and
types
in the
state
Ranking
County
Residential
Commercial
&
Others Lowest Commercial to
Highest Walllngford-Swarthmore
Delaware
93.50% 6.50%
1
Haverford Township
Delaware 89.90% 10.00%
5
William
Penn Delaware 85.30% 14.80% 21 Penn-Deico
Delaware
84.10% 15.90% 25
Upper Darby
Delaware
81.10% 18.80% 52 Marple
Newtown
Delaware 79.90% 20.00%
67
Springfield Delaware 77.80% 22.10%
96 Rose
Tree Media Delaware 77.40% 22.60% 101
Radnor Township
Delaware 77.10% 22.90% 112 Ridley Delaware 75.70% 24.30% 131
Garnet
Valley Delaware 75.30% 24.70% 137 Southeast Deico Delaware 74.70% 25.20% 147 Chichester Delaware 69.80% 30.30% 213 Chester-Upland Delaware 58.90% 41.00% 369
Interboro
Delaware 58.40% 41.70% 378
8
4/23/2018
4/23/2018
$57,000 $179,000 (average) $377,000 $2,583 $17,086 10
4/23/2018
Will
the
state
budget be completed
time?
Will
property tax elimination be introduced?
Will
be passed and
in what
form?
Current Schedule:
05/24/18 Finance Committee Meeting 06/11/18 Adoption
Final Budget
11
4/23/2018
LEnON
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'I.DO
EACH
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4/23/2018
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