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Budget Presentation Supts Teacher Leadership Council Presented by Brenda R. Burkett, CPA, SFO Chief Financial Officer November 21, 2019 Norman Public Schools Shrinking Budgets: Common Education Demographics 2019-20 School Year:

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Budget Presentation Supt’s Teacher Leadership Council

Presented by Brenda R. Burkett, CPA, SFO Chief Financial Officer November 21, 2019

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Shrinking Budgets: Common Education

Demographics – 2019-20 School Year:

16,289 Students (Oct 1 Accreditation Count)
24 Schools
51% free and reduced
1,960 employees

Norman Public Schools

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Sources of Revenue General Fund*

Local 27% County 3% State Aid 39% State Dedicated and Line Items 19% Federal 10% Other 2% Total State 58%

*Statewide All Districts General Fund from SDE transparency website.

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Sources of General Fund Revenue Select Metro-area Districts

0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 7% 48% 25% 21% 36% 25% 4% 5% 4% 5% 4% 4% 80% 37% 62% 65% 54% 49% 9% 5% 8% 9% 7% 11% 1% 5% 1% 1% 0% 11%

Local County State Federal Other

Guthrie Mid-Del Norman Bethany Edmond Oklahoma City

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STATE AID FORMULA

Amount per weighted student

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Major Components of Formula

The major components of the State Aid Formula involve the Factors (how much paid per Weighted Average Daily Membership), WADM, and Chargeables (local & state dedicated revenues received). How much did the FY20 State Aid Factors increase?

State Aid Factors: Final FY19 July FY20 Incr (Decr) Foundation Aid 1,756.76 1,837.57 80.81 Salary Incentive Aid 1,679.00 1,754.80 75.80 Total 3,435.76 3,592.37 156.61

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What ar What are the detail changes in our W e the detail changes in our WADM for ADM for July FY20 State Aid? July FY20 State Aid?

State Aid State Aid FY19 FY20 WADM: (based on)

1st 9 weeks Full Year Diff 18-19 18-19 Raw ADM 16,030.88 16,031.63 0.75 Grade Weights 2,986.86 2,996.13 9.27 Special Education 3,511.35 3,511.35 0.00 Gifted 1,501.44 1,501.44 0.00 Bilingual 374.00 374.00 0.00 Summer Special Ed 24.00 24.00 0.00 Economic Disadvantaged 1,889.25 1,889.25 0.00 Teacher Index 0.00 0.00 0.00 Total WADM 26,317.78 26,327.80 10.02

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What wer What were the changes in our FY20 e the changes in our FY20 Char Chargeables geables?

Chargeables: FY19 FY20 Incr (Decr) Ad Valorem 34,095,269.01 34,095,269.01 0.00 County 4 mill 2,398,470.00 2,470,114.50 71,644.50 School Land Earnings 2,448,723.00 2,351,691.00 (97,032.00) Gross Production 48,629.00 50,419.00 1,790.00 Motor Vehicle 5,984,038.00 6,000,344.00 16,306.00 REA Tax 326,916.00 345,283.00 18,367.00 45,302,045.01 45,313,120.51 11,075.50

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Why did our State Aid incr Why did our State Aid increase fr ease from FY19 to FY20?

m FY19 to FY20?

The State Aid factors increased, which offset our slight increase in WADM and our slight increase in chargeables.

FY19 FY20 Incr / (Decr) Factors 3,435.76 3,592.37 156.61 WADM 26,317.78 26,327.80 10.02 90,421,575.81 94,579,198.89 4,157,623.08 Plus: Transportation Aid 344,667.00 500,121.00 155,454.00 Total State Aid 90,766,242.81 95,079,319.89 4,313,077.08 Less: Chargeables (45,302,045.01) (45,313,120.51) 11,075.50 State Aid 45,464,198.00 49,766,199.00 4,302,001.00

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Shrinking Budgets: Common Education

FY18: NPS Bachelors Degree before HB1023
2017-18 base salary = $32,979. Total compensation = $35,476
FY19: HB1023 required minimum increases in FY19
State Minimum range Bach to Doctorate $5,001 - $8,395
NPS provided range of increases $5,377 - $11,152
NPS 2018-19 base salary = $37,980. Total compensation = $40,853
FY20: SB1048 required minimum increase $1,220 in FY20
NPS provided range of increases $1,312 - $3,437
NPS 2019-20 base salary = $39,200. Total compensation = $42,165

Norman Public Schools - Compensation

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Shrinking Budgets: Common Education

Emergency Teacher Certifications Issued
2011-12 = 32
2012-13 = 98
2013-14 = 189
2014-15 = 506
2015-16 = 1,063
2016-17 = 1,160
2017-18 = 1,429
2018-19 = 3,038
2019-20 as of Oct 2019: already at 3,000

Teacher Recruitment and Retention

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General Fund Pr General Fund Projected Fund Balance 6/30/20

jected Fund Balance 6/30/20

Fund Balance 6/30/19 6,912,426 5.92% Projected Revenues 19-20 121,499,322 Projected Expenditures 19-20 120,171,702 Excess Revenue Over Expense 1,327,620 Projected Fund Balance 6/30/20 8,240,046 6.78%

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Our Mission: Our Values:

To prepare and inspire all students to achieve their full potential Integrity | Inclusiveness | Collaboration | Optimism

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THANK YOU

Br Brenda R. Burkett, CP enda R. Burkett, CPA, SFO A, SFO br brendab@nor endab@norman.k12.ok.us man.k12.ok.us Feedback? Feedback? GOO.GL/PR3BPL GOO.GL/PR3BPL