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Fiscal Year 2021 Preliminary Budget March 19, 2020 Fiscal Year 2021 - - PowerPoint PPT Presentation
Fiscal Year 2021 Preliminary Budget March 19, 2020 Fiscal Year 2021 - - PowerPoint PPT Presentation
Fiscal Year 2021 Preliminary Budget March 19, 2020 Fiscal Year 2021 Budget Planning Process Superintendent and Business Administrator meetings with each administrator January 6- February 4, 2020 Finance and Facilities Committee meetings with
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Proposed Expenditures 2020-2021 Snapshot
2020-2021 Change from 2019-2020
School Supplies, Extracurricular Activities $478,251 $44,486 District Operations Including Overdue Capital Improvements $5,962,617
- $164,508
District Curriculum, Instruction and Professional Development $87,216 $6,953 Salaries $17,516,802 $117,328 Benefits $5,879,170
- $965,020
Special Education Salary $5,067,060 $279,148 Special Education Out-of-District Placement (Including Transportation) $4,675,780 $786,328 Special Education In-District Costs $1,128,058 $412,534
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Item 2016-2017 Actual 2017-2018 Budget 2017-2018 Actual 2018-2019 Budget 2019-2020 Budget 2020-2021 Budget Increase/ Descrease
Special Education Out-Of-District Tuition $2,028,776 $2,352,675 $2,414,478 $2,594,044 $2,692,437 $3,362,532 $670,095 Special Education Out-Of-District Transportation $667,667 $877,292 $1,103,195 $1,080,379 $1,197,015 $1,313,248 $116,233
Proposed Expenditure 2020-2021
Special Education Out of District Change Breakdown
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Proposed Expenditure 2020-2021
Salary Change Breakdown
2020-2021 Reason
Salary increases
$117,328 Contractual obligations
Staff increases
$92,238 Additional special education- related support
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Revenue 2020-2021 Snapshot
2020-2021 Change from 2019-2020
State Aid
$4,278,766 $109,850
Funds Anticipated for Transfer from FY 2018-2019 to FY 2019-2020
$1,000,000 None
Transfer From Capital Reserves
$515,850
- $1,950
Extraordinary Aid
$300,000 None
Taxes
$30,356,104 $563,368
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Financial Impact on Highland Park Residents Over Time
School Year 2016-2017 2017-2018* 2018-2019 2019-2020 2020-2021
Total Expenditures General Fund $30,153,263 $31,196,544 $32,868,954 $34,331,346 $34,883,247 Tax Levy General Fund 3.91% 3.70% 4.03% 2.92% 2.00% Tax Levy With Debt Service 3.73% 2.32% 4.33% (3.32% average
- ver 2 years)*
2.73% 1.89% Increase for Average Home $177 $71 $252 ($161 average
- ver 2 years)*
$123 $7
*2017-2018 savings were due to debt refinancing
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- 1. www.hpschools.net
- 2. Board of Education drop-down menu
- 3. Budget 2020-2021 Information