Interboro School District Proposed Final Budget Presentation - - PowerPoint PPT Presentation

Interboro School District Proposed Final Budget Presentation 2018-2019

Bernadette C. Reiley, Superintendent Martin L. Heiskell, Director of Finance

The Mission of the Interboro School District is to provide a challenging and supportive learning environment for all students to succeed academically, socially, and emotionally while becoming college and career ready citizens within a global community

BCR (18,5)

How does the District generate revenue?

Local Sources 43,546,367 64% State Sources 22,894,345 34% Federal Sources 661,028 1%

How is the District spending taxpayer dollars?

Salaries 32,719,487 48% Benefits 20,209,457 30% Instructional Services 5,580,053 8% Support Services 3,091,940 5% Debt Service 4,561,072 7% Facilities 1,336,483 2% Schools 317,497 0%

Non – Fixed and Non- Contractual Expenditures

Salary & Benefits 52,928,944 78% DCIU & Delaware County … Debt Service Payments… Insurance 233,826 0% Special Education 2,297,026 3% Bus/Van Leases 338,000 1% Technology -… Local, State & Federal Grants 1,191,744 2% Non-Fixed & Non-Contractual Expenditures 4,209,452 6%

What drives the increases to the budget?

• Salaries – contractual obligations
• Health Care Benefits/ Retirement
• Debt Service - HVAC
• Special Education Costs

What is the status of our Fund Balance?

• Decreasing fund balances over the last

three full fiscal years has affected the District’s bond rating.

• Standard & Poor’s has changed the

District’s rating from AA- to A+

• This could affect future bond issuances

if needed to fund large capital projects and/or improvements.

• With an increase of 2.95% in taxes

there is a budgeted surplus of approximately $81,000. This would mean an increase to the fund balance for 2018-2019.

Proposal to Increasing the Fund Balance

Committed Fund Balance Reallocation Proposal Objective: Reallocate the committed fund balance line items to the operating budget with the purpose of stabilizing/ increasing the total fund balance. Rationale: Based on the audited financial statements for the year ended June 30, 2017 the District’s independent auditors stressed that the need for the District to work to increase the overall and unassigned fund balances for the General Fund. Last year the district balanced the budget without using any unassigned fund balance. However, the total fund balance was reduced due by the items in the committed fund balance totaling $1,076,952. If we continue on this path of balancing our total budget without using the unassigned fund balance, the total fund balance would continue to deplete due to the committed fund balance items. Proposal: For 2018-2019 the Debt Service – Prin. & Int. 2015A be uncommitted ($281,685) For 2019-2020 the Bus/Van Leases be uncommitted ($338,000) Benefits of this approach:

• Allows district to not use any unassigned fund balance
• Potential to increase bond rating
• Will be following recommendations of auditors.

Negatives of this approach:

• The administration will now have to reduce expenditures in other areas of the budget.
• Depending upon future budgets, the Board could have to recommit the fund.

Proposal to Increasing the Fund Balance

Options to consider when balancing the budget?

• Negotiate contracts that are fiscally beneficial to both parties
• Reduce, restructure, eliminate programs, services and staff
• Defer purchasing of textbooks, materials and technology for

students/teachers

• Defer capital improvements projects
• Increase taxes

What is the proposed tax increase for 2018-2019?

2.95% tax increase This will generate 1,474,022.00 Millage Rate from July 1, 2018 – June 30, 2019 –

How does a tax increase impact you?

Proposed Staff for 2018-2019

• College and Career Counselor to support students in grades 6 – 12 paid through Ready to Learn Grant
• Assist with the effective implementation of the District’s 339 Plan for K-12 Counseling and monitor District

compliance with PA Future Ready Index career benchmarks.

• Work with students in grades 6 - 12 to identify their interests, abilities, specific career clusters and postsecondary

plan

• Arrange job shadowing, career mentoring, internship, and apprenticeship programs to allow students to directly

experience workplace situations.

• Proposed Autistic Support Teacher – Prospect Park School
• To support the continuum of services for students transitioning from elementary to middle school
• Behavior Specialist with a certification in Special Education
• To assist teachers in implementing behavior supports for K-12 students with emotional and social needs
• Math Paraprofessionals (two)
• To support elementary tiered math instruction paid through Ready to Learn Grant
• 0.5 Access Coordinator
• to assist parents and families of students with special needs in obtaining Access services through Medicaid
• Provide revenue back to the District for services provided to students through Access services

Proposed Highlights for the 2018-2019 Budget

• Proposed Professional Learning for K – 12 staff
• Proposed membership to the Delaware Valley Consortium for Excellence and Equity through Title

II grant funds

• “The Write Tools” for 1st – 5th grade regular and special education teachers to be paid through Title I

funds

• Continuation of Differentiated Instruction professional development through Teaching, Learning,

Succeeding, LLC. for 9th and 10th grade teachers

• “Culturize” professional development with author Jimmy Casas for K-12 educators
• Safety and Security Enhancements
• Safety and security consultant to complete building security evaluations and provide related staff

development

• Exterior door rekeying
• Building Enhancements
• Completion of Collaborative Spaces in community schools through Boeing grant funds and Ready

to Learn Grant

• Completion of Aquaponics classroom at Interboro High School through State Farm grant funds

Proposed Grant Opportunities

PreK Counts

• PreK 4-year old program, 5 year continuation grant for $289,000 per year, totaling $1,445,000
• Two classrooms (HS/ KA)
• If the District does not receive the PreK Counts grant, Ready to Learn funds will be used for

classroom at the High School, classroom will not run at the KA

• Boeing – Collaborative Learning Commons
• “Designing Space to Create STEM Career and College Connections” for $125,000

What’s Happening in Harrisburg? Update on PA State Budget

Governor Wolf's 2018-2019 proposed funding for education, including:

• The proposed increase in Basic Education funding is $100 million resulting in the total for Basic Education

funding of $6.1 billion. The District’s portion of the increase would be $161,450 for a total funding of $9,055,000.

• The proposed increase in Special Education funding is $15 million resulting in the total for Special Education

funding of $1.1 billion. The District’s portion of the increase would be $100,650 for a total funding of $2,274,000.

• The proposed increase in Pre-K Counts funding is $20 million resulting in the total for Pre-K Counts funding of

$192 million. The District’s portion of the increase would be $221,000 for a total funding of $289,000.

• The proposed budget for Ready To Learn funding is $268 million. The District’s portion would be $555,000.

What can you do as taxpayer?

www.educationvoterspa.org

Contact your legislators and advocate for our students and taxpayers of the Interboro School District. Legislative contact information is available on the District website http://www.interborosd.org

If you have additional question, please do not hesitate to contact Mrs. Reiley or Mr. Heiskell

Have a safe and enjoyable summer!