Finance Program Evaluation March 12, 2019 District Operating - - PowerPoint PPT Presentation

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Finance Program Evaluation March 12, 2019 District Operating Budget - $91 million Historical Assessed Valuation 1,500,000,000 4% 9% 1,400,000,000 1% 1,300,000,000 1,200,000,000 86% 1,100,000,000 1,000,000,000 08-09 10-11 12-13

SLIDE 1

Finance Program Evaluation

March 12, 2019

SLIDE 2

District Operating Budget - $91 million

4% 9% 1% 86% Local County State Funding Federal Historical Assessed Valuation

1,000,000,000 1,100,000,000 1,200,000,000 1,300,000,000 1,400,000,000 1,500,000,000

08-09 10-11 12-13 14-15 16-17 18-19

SLIDE 3

District Operating Budget - $91 million

Salaries/Benefits $83.28 Everything Else $16.72

2018 2001 $ Change % Change Salaries and Benefits $83.28 $79.23 $4.05 5.11% Utilities $2.38 $3.95 ($1.57) (39.75%) Cafeteria Food $1.77 $1.29 $0.48 37.21% Capital - Technology $1.74 $0.79 $0.95 120.25% Capital - Other $1.74 $2.39 ($0.65) (27.20%) Maintenance and repairs $1.56 $1.60 ($0.04) (2.50%) Professional Services $1.55 $1.90 ($0.35) (18.42%) School supply costs $1.40 $1.69 ($0.29) (17.16%) Textbooks $1.18 $2.25 ($1.07) (47.56%) Student Activities $0.87 $0.92 ($0.05) (5.43%) Property and Liability Insurance $0.70 $1.24 ($0.54) (43.55%) Transportation fuel and supplies $0.47 $0.84 ($0.37) (44.05%) Other $1.36 $1.91 ($0.55) (28.80%) Total $100.00 $100.00

SLIDE 4

District Avg Salary + Benefits Student Teacher Ratio $ to match PSD % Bud. Increase Pattonville $78,118 13.65 $0 0% Webster $77,560 14.59 $1,492,030 6% Parkway $76,593 14.68 $6,080,437 7% Kirkwood $74,606 16.41 $5,144,765 18% Francis Howell $74,606 15.81 $11,392,305 13% Ritenour $70,824 16.52 $4,986,416 18% Rockwood $69,661 15.21 $10,072,998 10% Hazelwood $68,401 15.14 $7,617,179 9% Lindbergh $66,343 16.59 $4,948,507 19%

St. Charles

$65,172 11.46 ($3,817,865) (13%)

Certified Salaries

SLIDE 5

Non-Certified Salaries

District Non-Certified Salaries per Student Difference from PSD $ to Match PSD % Bud Increase Pattonville $2,799

St. Charles

$2,331 $468 $2,124,930 20% Rockwood $2,275 $524 $10,356,840 23% Parkway $2,249 $550 $9,247,147 24% Kirkwood $2,135 $664 $3,563,484 31% Webster $1,957 $842 $3,564,744 43% Hazelwood $1,770 $1,029 $16,419,500 58% Francis Howell $1,728 $1,071 $16,892,199 62% Lindbergh $1,503 $1,296 $8,103,020 86% Ritenour $1,345 $1,453 $8,341,428 108%

SLIDE 6

5,000 7,500 10,000 12,500 15,000 2005 2007 2009 2011 2013 2015 2017 2019 Actual Costs 7% Growth

Health Insurance

% of Plan Members All Other 37% Chronic/Complex 63% % of Plan Cost All Other 4% Chronic/Complex 96%

$2.3m RX

< 50% receive an annual health screening

SLIDE 7

Employee Health Clinics

100 200 300 400 N e w B a l l a s S t . P e t e r s K e a t

M c K e l v e y P a r k

334 8 26 31

50 100 150 200

44 60 75 143 190

Health Status Factors Respiratory System Ill-Defined Endocrine & Immunity Nervous System

PHA

(Personal Health Assessment)

The Personal Health Assessment (PHA) is a complete health screening tool which enables you to identify potential health risks such as high blood pressure, high cholesterol, diabetes, obesity and more.

Pattonville, Parkway, and Francis Howell
Selected CareATC to operate near sight clinics
Redirects money already spent in the health

plan, and visit/RX is free within the clinic

Increases access to doctors and wellness
Encourages relationship building
Break even year 1 - save $350,000 by year 3

SLIDE 8

Employee Health Clinics

SLIDE 9

Holman kWh

75,000 120,000 165,000 210,000 255,000 300,000 J u n e J u l y A u g u s t S e p t e m b e r O c t

e r N

e m b e r D e c e m b e r J a n u a r y F e b r u a r y M a r c h A p r i l M a y

2014-15 2017-18

Willow Brook kWh

25,000 36,000 47,000 58,000 69,000 80,000 J u n e J u l y A u g u s t S e p t e m b e r O c t

e r N

e m b e r D e c e m b e r J a n u a r y F e b r u a r y M a r c h A p r i l M a y

2014-15 2017-18

Performance Contracting

Building Project Cost Bridgeway 1,522,000 Drummond 1,115,000 Parkwood 1,212,794 Rose Acres 1,195,433 Remington 2,265,870 Willow Brook 1,077,674 Heights 2,184,907 Holman 3,352,751 Learning Center 1,540,000 Printing/Maint. 265,000 Aquatics Center 98,772 High School 5,558,884 Total 21,389,085

Design Build Construction Contract with

an Energy Service Contractor (ESCO)

ESCO is responsible for the design
ESCO is responsible for the contractors
ESCO guarantees 15 year payback

Prop K had $4.7 million to fund related projects at each of these buildings, but the use of performance contracting has allowed for an additional $12.8 million in construction

SLIDE 10

Performance Contracting (PHS Example)

High School Projects Project Cost Capital Avoidance Utility Rebates Net to Recoup Annual Savings Years Payback Lighting 855,409 (115,389) 740,020 76,545 9.67 Water 327,284 (7,308) 319,976 21,043 15.21 Weatherization and Optimization 239,491 239,491 25,822 9.27 HVAC 2,347,922 (1,263,344) 1,084,578 43,829 24.75 Boilers 671,400 (466,681) (30,900) 173,819 18,201 9.55 Controls 1,117,378 (204,773) (123,960) 788,645 78,690 10.02 Total 5,558,884 (1,942,106) (270,249) 3,346,529 264,130 12.67

SLIDE 11

Performance Contracting (PHS Example)

SLIDE 12

Reserves

$0 $10,000,000 $20,000,000 $30,000,000 $40,000,000 2015 2016 2017 2018 2019 2020 2021 2022

26% Reserve Requirement Projected Operating Reserves

$0 $3,000,000 $6,000,000 $9,000,000 $12,000,000 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 Debt Payments Reserves

SLIDE 13

Areas of Focus

Maintain reserves to avoid borrowing
Maintain the lower tax rate for residents (Prop P)
Complete facilities plan construction
Plan for ongoing tax appeals
Plan for technology replacement and needs
Complete performance contract construction
Provide competitive salaries and benefits
Food services bid
Health benefits bid