Budget Update - April 2020 Meeting of the Abington School District - - PowerPoint PPT Presentation

Budget Update - April 2020

Meeting of the Abington School District Board of Directors May 12, 2020

Final Budget 2018-2019 April 2019 Actual Percent

• f Budget

Final Budget 2019-2020 April 2020 Actual Percent

• f Budget

Real Estate Taxes 105,181,419 $ 105,215,013 $ 100.03% 105,304,781 $ 105,350,137 $ 100.04% Earned Income Taxes 7,000,000 $ 5,348,374 $ 76.41% 7,200,000 $ 5,463,070 $ 75.88% Other Local Revenue 4,440,042 $ 4,376,317 $ 98.56% 5,141,042 $ 3,993,873 $ 77.69% Other Financing Sources

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• $
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Sub-total Local Revenue 116,621,461 $ 114,939,704 $ 98.56% 117,645,823 $ 114,807,080 $ 97.59% State 29,512,945 $ 16,103,928 $ 54.57% 30,790,655 $ 16,109,677 $ 52.32% Property Tax Relief - Gaming Distribution 3,225,775 $ 3,225,775 $ 100.00% 3,225,659 $ 3,225,659 $ 100.00% Property Tax Relief - Sterling Act Reimbursements 2,258,281 $ 2,258,281 $ 100.00% 2,206,338 $ 2,206,338 $ 100.00% Sub-total State Revenue 34,997,001 $ 21,587,984 $ 61.69% 36,222,652 $ 21,541,674 $ 59.47% Federal 1,156,509 $ 1,571,853 $ 135.91% 1,753,941 $ 1,348,991 $ 76.91% Sub-total Revenue 152,774,971 $ 138,099,541 $ 90.39% 155,622,416 $ 137,697,745 $ 88.48% Allocated Fund Balance 7,734,433 $ 0.00% 8,448,069 $ 0.00% TOTAL REVENUE & FUND BALANCE 160,509,404 $ 138,099,541 $ 86.04% 164,070,485 $ 137,697,745 $ 83.93% Salaries 82,663,683 $ 55,790,657 $ 67.49% 84,730,274 $ 57,554,209 $ 67.93% Negotiated Benefits 15,307,178 $ 11,125,816 $ 72.68% 14,640,129 $ 11,306,657 $ 77.23% Mandated Benefits 35,511,130 $ 18,550,421 $ 52.24% 36,722,669 $ 18,839,137 $ 51.30% Non-Salary/Non-Benefit 27,027,413 $ 19,956,673 $ 73.84% 27,977,413 $ 19,959,357 $ 71.34% Reserve

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TOTAL EXPENSES 160,509,404 $ 105,423,567 $ 65.68% 164,070,485 $ 107,659,360 $ 65.62% Interfund Transfers Out to Capital Projects Fund 1,630,612 $ 1,630,612 $ 100.00% 1,630,612 $ 1,630,612 $ 100.00%

TOTAL OPERATING EXPENSES AND TRANSFERS

162,140,016 $ 107,054,179 $ 66.03% 165,701,097 $ 109,289,972 $ 65.96%

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4/20/2020

Abington School District April 2019 & April 2020 Budget Comparison Actual v. Budget

REVENUE Local EXPENSES

DRAFT Proposed Final Budget

Meeting of the Abington School District Board of Directors May 12, 2020

Level 2020-21 Projected Enrollment 2019-20 Actual Enrollment 2020-21 / 2019-20 Increase/ Decrease Staffing Adjustment Grey Box** Projections Elementary General 4,191 4,157 34 3** Elementary Itinerant (Fine Arts) 1** Junior General 1,726 1,659* 67 1** Senior General 1,575 1,562* 13 Elementary Special 432 482

• 50

2 1** Junior Special 332 336

• 4

1 Senior Special 325 319 6 1 TOTALS 8,581 8,515* 66 4 6**

5/12/2020

*Includes 19 students enrolled in ACE (6 Junior High School, 13 Senior High School). **Includes 3 grey boxes for elementary general education, 1 grey box for elementary fine arts, 1 grey box for secondary general education, and 1 grey box for elementary special education.

Abington School District Summary of Enrollments and Staffing Projections 2020-2021

• 2-

(a)

Projected enrollment by grade. All sections based on district projections.

(b)

Number of staff members assigned by grade.

(c)

Projected size of sections.

School K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss Copper Beech (a) 158 157 163 182 182 150 188 1,180 1,190

• 10

(b) 8 7 7 8 8 6 8 52 51 1 (c) 20 23 24 23 23 25 24 20 23 24 23 23 25 24 20 23 23 23 23 25 24 20 22 23 23 23 25 24 20 22 23 23 23 25 23 20 22 23 23 23 25 23 19 22 23 22 22 23 19 22 22 23

• Av. Class Size, Gr. K-6

22.7 School K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss Highland (a) 63 68 67 71 81 63 87 500 504

• 4

(b) 3 3 3 3 4 3 4 23 23 (c) 21 23 23 24 21 21 22 21 23 22 24 20 21 22 21 22 22 23 20 21 22 20 21

• Av. Class Size, Gr. K-6

21.7 School K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss McKinley (a) 98 89 106 89 130 127 108 747 747 (b) 5 4 5 4 5 5 5 33 33 (c) 20 23 22 23 26 26 22 20 22 21 22 26 26 22 20 22 21 22 26 25 22 19 22 21 22 26 25 21 19 21 26 25 21

• Av. Class Size, Gr. K-6

22.6

Abington School District Projected Elementary Enrollment and Sectioning 2020-2021

TOTAL Number of students per section TOTAL Number of students per section TOTAL Number of students per section

• 3-

School K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss Overlook (a) 69 72 73 96 87 68 88 553 574

• 21

(b) 3 3 3 4 4 3 4 24 25

• 1

(c) 23 24 25 24 22 23 22 23 24 24 24 22 23 22 23 24 24 24 22 22 22 24 21 22

• Av. Class Size, Gr. K-6

23.0 School K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss Roslyn (a) 76 61 81 68 83 72 79 520 519 1 (b) 3 3 4 3 4 3 3 23 23 (c) 26 21 21 23 21 24 27 25 20 20 23 21 24 26 25 20 20 22 21 24 26 20 20

• Av. Class Size, Gr. K-6

22.6 School K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss Rydal (a) 84 111 97 83 104 89 95 663 657 6 (b) 4 5 4 4 4 4 4 29 29 (c) 21 23 25 21 26 23 24 21 22 24 21 26 22 24 21 22 24 21 26 22 24 21 22 24 20 26 22 23 22

• Av. Class Size, Gr. K-6

22.9 School K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss Willow Hill (a) 61 65 78 75 58 73 50 460 448 12 (b) 3 3 4 3 3 3 2 21 21 (c) 21 22 20 25 20 25 25 20 22 20 25 19 24 25 20 21 19 25 19 24 19

• Av. Class Size, Gr. K-6

21.9 K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss 609 623 665 664 725 642 695 4,623 4,639

• 16

Actual October 2, 2019 Enrollment 4,639 Projected September 2020 Enrollment 4,623 Student Increase/Decrease

• 16

Staff Increase/Decrease Includes provision for 5 additional sections (grey boxes)

5/12/2020

TOTAL

Abington School District Projected Elementary Enrollment and Sectioning 2020-2021 (Continued)

• 4-

TOTAL Number of students per section TOTAL STUDENTS PER GRADE Number of students per section TOTAL Number of students per section TOTAL Number of students per section

School Grade Projected Sep-20 Student Gain/Loss Suggested Staff Addition/Reduction 7 609 35 8 577 24 9 540 8 1** Special 332

• 4

1 TOTAL 2,058 63 10 537

• 4

11 537 27 12 501

• 10

Special 325 6 1 TOTAL 1,900 19 SECONDARY TOTAL 3,958 82

5/12/2020

541

Abington School District Projected Secondary Enrollment 2020-2021

Senior High 1,995 Junior High Actual Oct-19 574 553 532 336 510 511 319 1,881

• 5-

3,876 ** Includes 1 grey boxes for secondary general education.

Location Program Enroll ■ T Location Program Enroll ■

AS 8 S AS 1 LS 22 M LS 20 ES 6 C ES 6 LS/AS/ES 6 K LS/AS/ES 6 ES/AS 9 T ES/AS 10 LS 12 S LS 10 LS 15 B LS 13 LS/ES/AS 14 S LS/ES/AS 12 AS 10 H AS 1 LS 18 LS 17 LS 21 K LS/ES 20 LS/ES/AS 11 Luber LS/ES/AS 11 AS/ES/LS 8 P AS/ES/LS 8 LS 12 F LS 12 LS 21 F LS 17 LS/ES/AS 7 M LS/ES/AS 7 AS 8 F AS 7 LS/ES/AS 11 C LS/ES 9 AS 8 C AS 7 AS/ES 6 AS/ES 6 LS/AS 20 C AS/ES 15 AS 8 M AS 7 AS 8 P AS 7 LS/ES/AS 3 LS/ES 3 ES 15 M AS 4 ES 11 W ES 13 LS 10 E ES 10 LS 19 Luca LS 10 LS 15 Lee LS 15 LSS/AS 9 M LS 14 LS/LSS 7 B LSS 10 LS 17 D LS/LSS 10 LS 19 ? LS 15 LS/AS 12 R LS 15 LS/AS 5 E LS/AS 11 LS/AS 10 H LS/AS 5 LS/AS 14 C LS/AS 10 LS 15 K LS/AS 14 LS-2 15 Levi LS 13 LS-2 9 M LS-2 15 LS 8 M LS-2 9 K LS 7 S TOTAL STUDENTS: 482 TOTAL STUDENTS: 432 TOTAL TEACHERS: 40.5 G r TOTAL TEACHERS: 42 Itinerant (4.9) Gifted Itinerant (5.4) Gifted Itinerant (9.8) Speech Itinerant (10.8) Speech * Itinerant (3.1) Special Education Itinerant (2.6) Special Education ■ Students included < 95% in General Education

5/12/2020

Abington School District Special Education Enrollment - Elementary Level 2020-2021

2019-2020 ACTUAL 2020-2021 PROJECTED

Copper Beech Copper Beech Highland McKinley Overlook Overlook Roslyn Roslyn Highland McKinley

• 6-

* Includes one grey box

LS-2 Learning Support - Level 2

Rydal Rydal Willow Hill Willow Hill

KEY AS Autistic Support ES Emotional Support LS Learning Support LSS Life Skills Support

Location Program Enroll ■ Location Program Enroll ■

LS/ES 21 LS/ES 17 LS2 15 LS2 11 LS/ES 15 LS/ES 17 LS/ES 20 LS/ES 17 LS/ES 16 LS/ES 17 AS 7 AS 8 ES 14 ES 12 ES 12 ES 12 LS/ES 15 LS/ES 17 AS 6 AS 8 LS/ES 15 LS/ES 17 LS/ES 18 LS/ES 17 LS/ES 15 LS/ES 16 LS2 13 LS2 17 LS/ES 18 LS/ES 16 AS 8 AS 8 LS2 14 LS2 10 LS/ES 20 LS/ES 16 LS/ES 19 LS/ES 15 LS/ES 21 LS/ES 16 LS/ES 16 LS/ES 16 LS/ES 18 LS/ES 17 TOTAL STUDENTS: 336 LS/ES 15 TOTAL TEACHERS: 22 TOTAL STUDENTS: 332 TOTAL TEACHERS: 23 ■ Students included < 95% in General Education

Abington School District Special Education Enrollment - Abington Junior High School 2020-2021

2019-2020 ACTUAL 2020-2021 PROJECTED

Abington Junior High School Abington Junior High School

5/12/2020 KEY LS-2 Learning Support - Level 2 LSS Life Skills Support LS Learning Support ES Emotional Support AS Autistic Support

• 7-

Location Program Enroll ■ Location Program Enroll ■

LS/ES/AS 16 LS/ES/AS 20 LS/ES/AS 16 LS/ES/AS 20 AS 9 AS 8 LS/ES/AS 16 LS/ES/AS 17 LS/ES/AS 23 LS/ES/AS 16 LS/ES/AS 16 LS/ES/AS 17 LS/ES/AS 14 LS/ES/AS 17 LS/ES/AS 20 LS/ES/AS 17 LS/ES/AS 22 LS/ES/AS 17 LS/ES/AS 18 LS/ES/AS 16 LS/ES/AS 10 LS/ES/AS 16 LS/ES/AS 22 LS/ES/AS 16 LS/ES/AS 23 LS/ES/AS 18 LS/ES/AS 25 LS/ES/AS 18 LS/ES/AS 12 LS/ES/LS 18 LSS 14 LSS 11 LS/ES/AS 6 LS/ES/AS 15 LS/ES/AS 11 LS/ES/AS 15 LS/ES/AS 26 LS/ES/AS 15 LS/ES/AS 18 LS/ES/AS TOTAL STUDENTS: 319 TOTAL STUDENTS: 325 TOTAL TEACHERS: 19 TOTAL TEACHERS: 20 ■ Students included < 95% in General Education

5/12/2020

• 8-

LS Learning Support LSS Life Skills Support LS-2 Learning Support - Level 2

Abington School District Special Education Enrollment - Abington Senior High School 2020-2021

2019-2020 ACTUAL 2020-2021 PROJECTED

Abington Senior High School Abington Senior High School

KEY AS Autistic Support ES Emotional Support

Budget 2019-2020 Revenue & Expense Changes Revised Preliminary Budget 2020-2021 Percent Change

Committed Fund Balance (Audited) 42,810,865 $ Committed Fund Balance (Estimated) 32,732,184 $ Real Estate Taxes 110,736,778 $ 4,031,387 $ 114,768,165 $ 3.64% State Property Tax Reductions (5,431,997) $ 22,509 $ (5,409,488) $

• 0.41%

Earned Income Taxes 7,200,000 $

• $

7,200,000 $ 0.00% Other Local Revenue 5,141,042 $ 53,000 $ 5,194,042 $ 1.03% Other Financing Sources

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Sub-total Local Revenue 117,645,823 $ 4,106,896 $ 121,752,719 $ 3.49% State 30,790,655 $ 1,270,363 $ 32,061,018 $ 4.13% Property Tax Relief - Gaming Distribution 3,225,659 $

• $

3,225,659 $ 0.00% Property Tax Relief - Sterling Act Reimbursements 2,206,338 $ (22,509) $ 2,183,829 $

• 1.02%

Sub-total State Revenue 36,222,652 $ 1,247,854 $ 37,470,506 $ 3.44% Federal 1,753,941 $ 3,231 $ 1,757,172 $ 0.18% Sub-total Revenue 155,622,416 $ 5,357,981 $ 160,980,397 $ 3.44% Allocated Fund Balance 8,448,069 $ 1,138,485 $ 9,586,554 $ 13.48% TOTAL REVENUE & FUND BALANCE 164,070,485 $ 6,496,466 $ 170,566,951 $ 3.96% Salaries 84,730,274 $ 3,432,238 $ 88,162,512 $ 4.05% Negotiated Benefits 14,640,129 $ (105,106) $ 14,535,023 $

• 0.72%

Mandated Benefits 36,722,669 $ 1,659,964 $ 38,382,633 $ 4.52% Non-Salary/Non-Benefit 27,977,413 $ 1,509,370 $ 29,486,783 $ 5.39% Reserve

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TOTAL EXPENSES 164,070,485 $ 6,496,466 $ 170,566,951 $ 3.96% Interfund Transfers Out to Capital Projects Fund 1,630,612 $ 1,630,612 $ 0.00% TOTAL OPERATING EXPENSES AND TRANSFERS 165,701,097 $ 172,197,563 $ Estimated Committed Fund Balance for anticipated benefits for employees and capital projects. 32,732,184 $ 21,515,018 $

5/12/2020, 2/25/2020

Abington School District 2020-2021 Budget Update Index 2.6% (32.59 Mills) with Referendum Exceptions (32.97 Mills)

FUND BALANCE REVENUE Local EXPENSES

• 9-

Dollar Estimates for 2020-2021 Mills Percent

Special Education Expenditures and Equivalent Number of Mills 903,292 $ 0.27 Retirement Contributions and Equivalent Number of Mills 368,678 $ 0.11 Total Allowable Amount of Referendum Exceptions and Mills 1,271,970 $ 0.38 2020-2021 Millage Rate with Increase at Index 32.59 Percentage Increase over 2019-2020 Millage Rate 2.60% 2020-2021 Millage Rate at 2.6% Index & Referendum Exception 32.97 Percentage Increase over 2019-2020 Millage Rate 3.78% IMPACT OF INDEX MILLAGE RATE INCREASE ON AVERAGE ASSESSMENT OF $141,130 115.73 $ ADDITIONAL IMPACT OF REFERENDUM EXCEPTION MILLAGE RATE INCREASE ON AVERAGE ASSESSMENT OF $141,130 53.63 $ COMBINED IMPACT 169.36 $

5/12/2020, 1/21/2020

Abington School District 2020-2021 Preliminary Budget Impact of Raising Real Estate Taxes Above Act 1 Index - Referendum Exceptions

REFERENDUM EXCEPTIONS - Pennsylvania Department of Education (PDE) PDE Allowable Referendum Expenditures Proposed Millage Rates, Percent Increase, and Impact on Average Owner Assessment

• 10-

Dollar Estimates for 2020-2021 Mills Percent

Special Education Expenditures and Equivalent Number of Mills 903,292 $ 0.27 Retirement Contributions and Equivalent Number of Mills 0.00 Total Allowable Amount of Referendum Exceptions and Mills 903,292 $ 0.27 2020-2021 Millage Rate with Increase at Index 32.59 Percentage Increase over 2019-2020 Millage Rate 2.60% 2020-2021 Millage Rate at 2.6% Index & Referendum Exception n/a n/a n/a Percentage Increase over 2019-2020 Millage Rate n/a n/a n/a IMPACT OF INDEX MILLAGE RATE INCREASE ON AVERAGE ASSESSMENT OF $141,130 115.73 $ ADDITIONAL IMPACT OF REFERENDUM EXCEPTION MILLAGE RATE INCREASE ON AVERAGE ASSESSMENT OF $141,130

• $

COMBINED IMPACT 115.73 $

5/12/2020

• 11-

Abington School District 2020-2021 Proposed Final Budget Impact of Not Raising Real Estate Taxes Above Act 1 Index

REFERENDUM EXCEPTIONS - Pennsylvania Department of Education (PDE) PDE Approved Referendum Expenditures Proposed Millage Rates, Percent Increase, and Impact on Average Owner Assessment

Revised Preliminary Budget 2020-2021 Revenue & Expense Changes Proposed Final Budget 2020-2021

Committed Fund Balance (Audited) Committed Fund Balance (Estimated) 32,732,184 $ 32,732,184 $ Real Estate Taxes 114,768,165 $ (1,321,216) $ 113,446,949 $ State Property Tax Reductions (5,409,488) $ 2,660 $ (5,406,828) $ Earned Income Taxes 7,200,000 $ (720,000) $ 6,480,000 $ Other Local Revenue 5,194,042 $

• $

5,194,042 $ Other Financing Sources

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• $
• $

Sub-total Local Revenue 121,752,719 $ (2,038,556) $ 119,714,163 $ State 32,061,018 $ (140,827) $ 31,920,191 $ Property Tax Relief - Gaming Distribution 3,225,659 $ 386 $ 3,226,045 $ Property Tax Relief - Sterling Act Reimbursements 2,183,829 $ (3,046) $ 2,180,783 $ Sub-total State Revenue 37,470,506 $ (143,487) $ 37,327,019 $ Federal 1,757,172 $

• $

1,757,172 $ Sub-total Revenue 160,980,397 $ (2,182,043) $ 158,798,354 $ Allocated Fund Balance 9,586,554 $ (588,557) $ 8,997,997 $ TOTAL REVENUE & FUND BALANCE 170,566,951 $ (2,770,600) $ 167,796,351 $ Salaries 88,162,512 $ (200,000) $ 87,962,512 $ Negotiated Benefits 14,535,023 $ (1,232,924) $ 13,302,099 $ Mandated Benefits 38,382,633 $ (324,321) $ 38,058,312 $ Non-Salary/Non-Benefit 29,486,783 $ (1,013,355) $ 28,473,428 $ Reserve

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TOTAL EXPENSES 170,566,951 $ (2,770,600) $ 167,796,351 $ Interfund Transfers Out to Capital Projects Fund 1,630,612 $ 1,630,612 $ TOTAL OPERATING EXPENSES AND TRANSFERS 172,197,563 $ 169,426,963 $ Estimated Committed Fund Balance for anticipated benefits for employees and capital projects. 21,515,018 $ 22,103,575 $

5/12/2020

• 12-

FUND BALANCE Local EXPENSES

Abington School District 2020-2021 Proposed Final Budget Revenue and Expense Adjustments - Index 2.6% Tax Increase

Revised Preliminary Budget 2020-2021 Revenue & Expense Changes Proposed Final Budget 2020-2021

Local Revenue 121,752,719 $ (2,038,556) $ 119,714,163 $ State Basic Education Funding 7,295,463 $ 93,053 $ 7,388,516 $ Special Education Funding 3,674,142 $ 8,280 $ 3,682,422 $ Pupil Transportation 1,200,000 $ (200,000) $ 1,000,000 $ Property Tax Relief - Gaming Distribution 3,225,659 $ 386 $ 3,226,045 $ Property Tax Relief - Sterling Act Reimbursements 2,183,829 $ (3,046) $ 2,180,783 $ PA Accountability Grant 401,756 $

• $

401,756 $ State Share Social Security 3,372,216 $ (7,650) $ 3,364,566 $ State Share Retirement Contributions 15,212,441 $ (34,510) $ 15,177,931 $ Other Miscellaneous State Sources 905,000 $

• $

905,000 $ Sub-total State Revenue 37,470,506 $ (143,487) $ 37,327,019 $ Federal 1,757,172 $

• $

1,757,172 $ Sub-total Revenue 160,980,397 $ (2,182,043) $ 158,798,354 $ Allocated Fund Balance 9,586,554 $ (588,557) $ 8,997,997 $ TOTAL REVENUE & FUND BALANCE 170,566,951 $ (2,770,600) $ 167,796,351 $ Salaries 88,162,512 $ (200,000) $ 87,962,512 $ Negotiated Benefits 14,535,023 $ (1,232,924) $ 13,302,099 $ Mandated Benefits 38,382,633 $ (324,321) $ 38,058,312 $ Non-Salary/Non-Benefit 29,486,783 $ (1,013,355) $ 28,473,428 $ Reserve

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TOTAL EXPENSES 170,566,951 $ (2,770,600) $ 167,796,351 $ Interfund Transfers Out to Capital Projects Fund 1,630,612 $ 1,630,612 $ TOTAL OPERATING EXPENSES AND TRANSFERS 172,197,563 $ 169,426,963 $

5/12/2020

Abington School District 2020-2021 Proposed Final Budget State Revenue Adjustments - Index 2.6% Tax Increase

REVENUE EXPENSES

• 13-

Revised Preliminary Budget 2020-2021 Revenue & Expense Changes Proposed Final Budget 2020-2021

Local Revenue 121,752,719 $ (2,038,556) $ 119,714,163 $ State Revenue 37,470,506 $ (143,487) $ 37,327,019 $ Federal 1,757,172 $

• $

1,757,172 $ Sub-total Revenue 160,980,397 $ (2,182,043) $ 158,798,354 $ Allocated Fund Balance 9,446,553 $ (448,556) $ 8,997,997 $ TOTAL REVENUE & FUND BALANCE 170,426,950 $ (2,630,599) $ 167,796,351 $ Salaries 88,162,512 $ (200,000) $ 87,962,512 $ Negotiated Benefits 14,535,023 $ (1,232,924) $ 13,302,099 $ Mandated Benefits - Social Security Employer Contribution 6,744,432 $ (15,300) $ 6,729,132 $ Mandated Benefits - PSERS Employer Contribution 30,424,882 $ (69,020) $ 30,355,862 $ Mandated Benefits - Wkrs' Compensation & Unemployment 1,073,318 $ (100,000) $ 973,318 $ Non-Salary/Non-Benefit 29,486,783 $ (1,013,355) $ 28,473,428 $ Reserve

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TOTAL EXPENSES 170,426,950 $ (2,630,599) $ 167,796,351 $ Interfund Transfers Out to Capital Projects Fund 1,630,612 $ 1,630,612 $ TOTAL OPERATING EXPENSES AND TRANSFERS 172,057,562 $ 169,426,963 $

5/12/2020

Abington School District 2020-2021 Proposed Final Budget Expense Adjustments - Index 2.6% Tax Increase

REVENUE EXPENSES

• 14-

Budget 2019-2020 Revenue & Expense Changes Proposed Final Budget 2020-2021 Percent Change

Committed Fund Balance (Audited) 42,810,865 $ Committed Fund Balance (Estimated) 32,732,184 $ Real Estate Taxes 110,736,778 $ 2,710,171 $ 113,446,949 $ 2.45% State Property Tax Reductions (5,431,997) $ 25,169 $ (5,406,828) $

• 0.46%

Earned Income Taxes 7,200,000 $ (720,000) $ 6,480,000 $

• 10.00%

Other Local Revenue 5,141,042 $ 53,000 $ 5,194,042 $ 1.03% Other Financing Sources

• $
• $
• $

Sub-total Local Revenue 117,645,823 $ 2,068,340 $ 119,714,163 $ 1.76% State 30,790,655 $ 1,129,536 $ 31,920,191 $ 3.67% Property Tax Relief - Gaming Distribution 3,225,659 $ 386 $ 3,226,045 $ 0.01% Property Tax Relief - Sterling Act Reimbursements 2,206,338 $ (25,555) $ 2,180,783 $

• 1.16%

Sub-total State Revenue 36,222,652 $ 1,104,367 $ 37,327,019 $ 3.05% Federal 1,753,941 $ 3,231 $ 1,757,172 $ 0.18% Sub-total Revenue 155,622,416 $ 3,175,938 $ 158,798,354 $ 2.04% Allocated Fund Balance 8,448,069 $ 549,928 $ 8,997,997 $ 6.51% TOTAL REVENUE & FUND BALANCE 164,070,485 $ 3,725,866 $ 167,796,351 $ 2.27% Salaries 84,730,274 $ 3,232,238 $ 87,962,512 $ 3.81% Negotiated Benefits 14,640,129 $ (1,338,030) $ 13,302,099 $

• 9.14%

Mandated Benefits 36,722,669 $ 1,335,643 $ 38,058,312 $ 3.64% Non-Salary/Non-Benefit 27,977,413 $ 496,015 $ 28,473,428 $ 1.77% Reserve

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• $

TOTAL EXPENSES 164,070,485 $ 3,725,866 $ 167,796,351 $ 2.27% Interfund Transfers Out to Capital Projects Fund 1,630,612 $ 1,630,612 $ 0.00% TOTAL OPERATING EXPENSES AND TRANSFERS 165,701,097 $ 169,426,963 $ Estimated Committed Fund Balance for anticipated benefits for employees and capital projects. 32,732,184 $ 22,103,575 $

• 15-

5/12/2020

Abington School District 2020-2021 Proposed Final Budget Index 2.6% Tax Increase

FUND BALANCE REVENUE Local EXPENSES

2019-2020 2020-2021 Difference Percent Change

Average Assessment 141,130.00 $ 141,130.00 $ Prior Year Millage Rate 31.77 32.59 Amount of Tax 4,483.70 $ 4,599.43 $ 115.73 $ Impact for Average Owner 2.58% Homestead Property Tax Relief - Sterling Act Credit (145.00) $ (144.00) $ Homestead Property Tax Relief - Gaming (212.00) $ (212.00) $ TOTAL HOMESTEAD PROPERTY TAX RELIEF (357.00) $ (356.00) $ Amount of Tax After Decrease in Mills Property Tax Relief 4,126.70 $ 4,243.43 $ 116.73 $ Impact for Average Owner 2.83%

NOTE: VALUE OF A MILL AT 97.4% COLLECTION RATE - $3,315,051

5/12/2020

Abington School District 2020-2021 Proposed Final Budget Index 2.6% Tax Increase Impact on Owner

IMPACT ON AMOUNT PAID BY AVERAGE OWNER WITH HOMESTEAD PROPERTY TAX RELIEF INCREASE AT 2.6% INDEX PLUS EXCEPTION

• 16-

Budget 2019-2020 Revenue & Expense Changes Proposed Final Budget 2020-2021 Percent Change

Committed Fund Balance (Audited) 42,810,865 $ Committed Fund Balance (Estimated) 32,732,184 $ Real Estate Taxes 110,736,778 $ (139,974) $ 110,596,804 $

• 0.13%

State Property Tax Reductions (5,431,997) $ 25,169 $ (5,406,828) $

• 0.46%

Earned Income Taxes 7,200,000 $ (720,000) $ 6,480,000 $

• 10.00%

Other Local Revenue 5,141,042 $ 53,000 $ 5,194,042 $ 1.03% Other Financing Sources

• $
• $
• $

Sub-total Local Revenue 117,645,823 $ (781,805) $ 116,864,018 $

• 0.66%

State 30,790,655 $ 1,129,536 $ 31,920,191 $ 3.67% Property Tax Relief - Gaming Distribution 3,225,659 $ 386 $ 3,226,045 $ 0.01% Property Tax Relief - Sterling Act Reimbursements 2,206,338 $ (25,555) $ 2,180,783 $

• 1.16%

Sub-total State Revenue 36,222,652 $ 1,104,367 $ 37,327,019 $ 3.05% Federal 1,753,941 $ 3,231 $ 1,757,172 $ 0.18% Sub-total Revenue 155,622,416 $ 325,793 $ 155,948,209 $ 0.21% Allocated Fund Balance 8,448,069 $ 3,400,073 $ 11,848,142 $ 40.25% TOTAL REVENUE & FUND BALANCE 164,070,485 $ 3,725,866 $ 167,796,351 $ 2.27% Salaries 84,730,274 $ 3,232,238 $ 87,962,512 $ 3.81% Negotiated Benefits 14,640,129 $ (1,338,030) $ 13,302,099 $

• 9.14%

Mandated Benefits 36,722,669 $ 1,335,643 $ 38,058,312 $ 3.64% Non-Salary/Non-Benefit 27,977,413 $ 496,015 $ 28,473,428 $ 1.77% Reserve

• $
• $
• $

TOTAL EXPENSES 164,070,485 $ 3,725,866 $ 167,796,351 $ 2.27% Interfund Transfers Out to Capital Projects Fund 1,630,612 $ 1,630,612 $ 0.00% TOTAL OPERATING EXPENSES AND TRANSFERS 165,701,097 $ 169,426,963 $ Estimated Committed Fund Balance for anticipated benefits for employees and capital projects. 32,732,184 $ 19,253,430 $

• 17-

5/12/2020

Abington School District 2020-2021 Proposed Final Budget No Tax Increase

FUND BALANCE REVENUE Local EXPENSES

2019-2020 2020-2021 Difference Percent Change

Average Assessment 141,130.00 $ 141,130.00 $ Prior Year Millage Rate 31.77 31.77 Amount of Tax 4,483.70 $ 4,483.70 $

• $

Impact for Average Owner 0.00% Homestead Property Tax Relief - Sterling Act Credit (145.00) $ (144.00) $ Homestead Property Tax Relief - Gaming (212.00) $ (212.00) $ TOTAL HOMESTEAD PROPERTY TAX RELIEF (357.00) $ (356.00) $ Amount of Tax After Decrease in Mills Property Tax Relief 4,126.70 $ 4,127.70 $ 1.00 $ Impact for Average Owner 0.02%

NOTE: VALUE OF A MILL AT 97.4% COLLECTION RATE - $3,315,051

5/12/2020

Abington School District 2020-2021 Proposed Final Budget No Tax Increase Impact on Owner

IMPACT ON AMOUNT PAID BY AVERAGE OWNER WITH HOMESTEAD PROPERTY TAX RELIEF INCREASE AT 2.6% INDEX PLUS EXCEPTION

• 18-

General Fund Budget Approval Date of Adoption of the General Fund Budget:

President of the Board - Original Signature Required Date Secretary of the Board - Original Signature Required Date Chief School Administrator - Original Signature Required Date Contact Person Telephone Extension Email Address

Christopher Lionetti (215)881-2542 Extn : lionca@abington.k12.pa.us 05/12/2020

Printed 5/8/2020 7:15:03 PM LEA Name : 123460302 Montgomery Abington SD County : AUN Number : Class : 2

FINAL GENERAL FUND BUDGET

Fiscal Year 2020-2021

Page 19

PROPOSED VERSION

ITEM AMOUNTS Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year 0810 Nonspendable Fund Balance 501,881 0820 Restricted Fund Balance 0830 Committed Fund Balance 32,732,184 0840 Assigned Fund Balance 0850 Unassigned Fund Balance Total Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year $32,732,184 Estimated Revenues And Other Financing Sources 6000 Revenue from Local Sources 119,714,163 7000 Revenue from State Sources 37,327,019 8000 Revenue from Federal Sources 1,757,172 9000 Other Financing Sources Total Estimated Revenues And Other Financing Sources $158,798,354 Total Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation $191,530,538 2020-2021 Final General Fund Budget Estimated Revenues and Other Financing Sources: Budget Summary Page - 1 of 1 LEA : 123460302 Abington SD Printed 5/8/2020 7:15:09 PM Page 20

Amount REVENUE FROM LOCAL SOURCES 6111 Current Real Estate Taxes 108,040,121 6112 Interim Real Estate Taxes 95,000 6113 Public Utility Realty Taxes 115,000 6114 Payments in Lieu of Current Taxes - State / Local 75,000 6150 Current Act 511 Taxes - Proportional Assessments 7,880,000 6400 Delinquencies on Taxes Levied / Assessed by the LEA 1,500,000 6500 Earnings on Investments 750,000 6800 Revenues from Intermediary Sources / Pass-Through Funds 1,162,542 6910 Rentals 75,000 6940 Tuition from Patrons 20,000 6990 Refunds and Other Miscellaneous Revenue 1,500 REVENUE FROM LOCAL SOURCES $119,714,163 REVENUE FROM STATE SOURCES 7111 Basic Education Funding-Formula 7,388,516 7160 Tuition for Orphans Subsidy 200,000 7271 Special Education funds for School-Aged Pupils 3,682,422 7311 Pupil Transportation Subsidy 1,000,000 7320 Rental and Sinking Fund Payments / Building Reimbursement Subsidy 525,000 7330 Health Services (Medical, Dental, Nurse, Act 25) 180,000 7340 State Property Tax Reduction Allocation 5,406,828 7501 PA Accountability Grants 401,756 7810 State Share of Social Security and Medicare Taxes 3,364,566 7820 State Share of Retirement Contributions 15,177,931 REVENUE FROM STATE SOURCES $37,327,019 REVENUE FROM FEDERAL SOURCES 8513 IDEA, Section 619 5,000 8514 NCLB, Title I - Improving the Academic Achievement of the Disadvantaged 695,421 8515 NCLB, Title II - Preparing, Training and Recruiting High Quality Teachers and Principals 164,394 8516 NCLB, Title III - Language Instruction for Limited English Proficient and Immigrant Students 39,419 8517 NCLB, Title IV - 21St Century Schools 52,938 8810 School-Based Access Medicaid Reimbursement Program (SBAP) Reimbursements (Access) 800,000 REVENUE FROM FEDERAL SOURCES $1,757,172 TOTAL ESTIMATED REVENUES AND OTHER SOURCES 158,798,354 2020-2021 Final General Fund Budget Estimated Revenues and Other Financing Sources: Detail Page - 1 of 1 LEA : 123460302 Abington SD Printed 5/8/2020 7:15:10 PM Page 21

CODE 6111 Current Real Estate Taxes Amount of Tax Relief for Homestead Exclusions Tax Levy Minus Homestead Exclusions Net Tax Revenue Generated By Mills County Name Taxable Assessed Value Real Estate Mills Tax Levy Generated by Mills Percent Collected Montgomery 3,569,984,179 32.5900 116,345,784 97.38700% Totals: 3,569,984,179 116,345,784

• 5,406,828

= 110,938,956 X 97.38700% = 108,040,121 Rate Estimated Revenue 6120 Current Per Capita Taxes, Section 679 $0.00 6140 Current Act 511 Taxes Flat Rate Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue 6141 Current Act 511 Per Capita Taxes $0.00 $0.00 6142 Current Act 511 Occupation Taxes Flat Rate $0.00 $0.00 6143 Current Act 511 Local Services Taxes $0.00 $0.00 6144 Current Act 511 Trailer Taxes $0.00 $0.00 6145 Current Act 511 Business Privilege Taxes Flat Rate $0.00 $0.00 6146 Current Act 511 Mechanical Device Taxes Flat Rate $0.00 $0.00 6149 Current Act 511 Taxes, Other Flat Rate Assessments $0.00 $0.00 Total Current Act 511 Taxes Flat Rate Assessments 6150 Current Act 511 Taxes Proportional Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue 6151 Current Act 511 Earned Income Taxes 0.500% 0.000% 6,480,000 6,480,000 6152 Current Act 511 Occupation Taxes 0.000 0.000 6153 Current Act 511 Real Estate Transfer Taxes 0.500% 0.000% 1,400,000 1,400,000 6154 Current Act 511 Amusement Taxes 0.000% 0.000% 6155 Current Act 511 Business Privilege Taxes 0.000 0.000 6156 Current Act 511 Mechanical Device Taxes Percentage 0.000% 0.000% 6157 Current Act 511 Mercantile Taxes 0.000 0.000 6159 Current Act 511 Taxes, Other Proportional Assessments Total Current Act 511 Taxes Proportional Assessments 7,880,000 7,880,000

Total Act 511, Current Taxes 7,880,000 Act 511 Tax Limit --> 5,725,379,415 X 12 68,704,553 Market Value Mills (511 Limit)

2020-2021 Final General Fund Budget Local Education Agency Tax Data Page - 1 of 1 LEA : 123460302 Abington SD Printed 5/8/2020 7:15:13 PM REAL ESTATE, PER CAPITA (SEC. 679), EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511) Page 22

Description Amount 1000 Instruction 1100 Regular Programs - Elementary / Secondary 76,868,167 1200 Special Programs - Elementary / Secondary 22,654,511 1300 Vocational Education 1,627,745 1400 Other Instructional Programs - Elementary / Secondary 233,855 Total Instruction $101,384,278 2000 Support Services 2100 Support Services - Students 6,926,101 2200 Support Services - Instructional Staff 6,009,725 2300 Support Services - Administration 9,731,785 2400 Support Services - Pupil Health 2,522,526 2500 Support Services - Business 2,583,061 2600 Operation and Maintenance of Plant Services 15,515,950 2700 Student Transportation Services 8,923,190 2800 Support Services - Central 3,312,591 2900 Other Support Services 105,050 Total Support Services $55,629,979 3000 Operation of Non-Instructional Services 3200 Student Activities 1,686,041 3300 Community Services 388,053 Total Operation of Non-Instructional Services $2,074,094 4000 Facilities Acquisition, Construction and Improvement Services 4000 Facilities Acquisition, Construction and Improvement Services 123,000 Total Facilities Acquisition, Construction and Improvement Services $123,000 5000 Other Expenditures and Financing Uses 5100 Debt Service / Other Expenditures and Financing Uses 8,487,000 5200 Interfund Transfers - Out 1,728,612 Total Other Expenditures and Financing Uses $10,215,612 Total Estimated Expenditures and Other Financing Uses $169,426,963 2020-2021 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Budget Summary Page - 1 of 1 LEA : 123460302 Abington SD Printed 5/8/2020 7:15:15 PM Page 23

Account Description Amounts 0810 Nonspendable Fund Balance 501,881 0820 Restricted Fund Balance 0830 Committed Fund Balance 22,103,575 0840 Assigned Fund Balance 0850 Unassigned Fund Balance Total Ending Fund Balance - Committed, Assigned, and Unassigned $22,103,575 5900 Budgetary Reserve Total Estimated Ending Committed, Assigned, and Unassigned Fund Balance and Budgetary Reserve $22,605,456 2020-2021 Final General Fund Budget Fund Balance Summary (FBS) Page - 1 of 1 LEA : 123460302 Abington SD Printed 5/8/2020 7:15:19 PM Page 24

• 9. $2.4 million for general and special education instructional supplies, replacement textbooks, and new

textbook adoptions

• 10. $745,000 for plant services and transportation services maintenance and repair supplies
• 25-

Abington School District 2020-2021 Proposed Final Budget

The 2020-2021 Proposed Final Budget Includes:

• 1. $438,000 for 6 additional instructional staff positions (wages & benefits) to be responsive to increasing

enrollment

• 2. $2.6 million of contracted services for special education, legal services, required testing, and audit

services

• 14. $10.2 million principal and interest for general obligation bonds debt service
• 13. $350,000 for replacement plant services and student transportation vehicles
• 4. $1.7 million for special and general education out-of-district placements
• 3. $2.3 million for utilities
• 5. $1.4 million for charter school tuition
• 6. $1.6 million for high school students to attend the EASTERN Center for Arts and Technology

5/12/2020

• 11. $1.75 million for Digital Transformation Plan and replacement business office and human resources

software

• 12. $290,000 co-curricular athletic supplies
• 7. $800,000 for insurance
• 8. $2.4 million for contracted student transportation services

Budget Topics Action

Adopt 2020-2021 Final Budget Board Resolution

Taxpayer Relief Act - Implement a Homestead Exclusion for Property Tax Relief

Board Resolution

Charge to Tax Collectors

Board Resolution

5/12/2020

Abington School District 2020-2021 Proposed Final Budget June 23, 2020

BUDGET PROCESS AND SCHEDULE

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