John Stellmacher, CFO Kettle Moraine School District The Big Four - - PowerPoint PPT Presentation

John Stellmacher, CFO

Kettle Moraine School District

The Big Four

• 1. Low Revenue Per Pupil
• 2. Declining Enrollment
• 3. Health Insurance
• 4. Transportation / 90 Square Miles

While the District’s Revenue Remains Flat, Inflation Rises

Our Budget

Instruction & Pupil Services - 58% Operations - 16% Facilities - 12% Administration - 6% Transportation - 5% Food Service/Community Service - 3%

DPI comparative cost data

True Transparency And Fiscal Conservatism

The only Wisconsin school district to receive the ASBO International Certificate of Excellence in Financial Reporting for the past 25 years - and

• nly 4% in the nation achieved this recognition.

One of four districts in Wisconsin to receive an AA+ rating, which is the highest rating achieved by any district in the state from Standard & Poor’s Global.

Meeting Ongoing Challenges

2006-07 - Increased Class Sizes 2007-08 - Made Health Insurance Changes 2008-09 - Increased Class Sizes, Eliminated Programming 2009-10 - Increased Class Sizes, Eliminated Programming 2010-11 - Increased Enrollment through addition of 4K 2011-12 - Employee Contributions to Benefits 2012-13 - Insurance Changes, Retirement Benefits Eliminated 2013-14 - Health Insurance Redesign 2014-15 - Capital referendum, Health Insurance Redesign, Fees Increase 2015-16 - Technology Parent Partnership to share costs 2016-17 - Health Insurance Changes 2017-18 - Health Insurance Changes 2018-19 - Health Insurance Changes, Reduced 22 FTE 2019-20 - Reduction of 16 FTE, Eliminated Programming, Fee Increase

Steps Taken To Balance Our Budget

• Reductions every year since 2006-07
• $17.1 million in cuts
• $1,221,000 per year, on average
• Annual average cut of 2.32%
• 28% of our budget

$17.1 Million in Reductions

VIEW REPORTS

KM Spends $712,000 Less Annually On Administration Than Comparable-Sized Districts

• 2017-18 Dept of Public Instruction comparative cost data

2nd-lowest among the 19 districts in Waukesha County on a per-pupil basis

Operating vs. Capital Referendum

CAPITAL

Capital Referendums incur debt for facilities (cannot be used for

• perational expenses)

2014 $49.6 Million Capital Referendum Provided:

$21.2M in Deferred Maintenance $8.0M in Technology Infrastructure $12.6M in Safety and Security $ 7.0M in Limited Renovated Space

Operating Referendums are utilized for operating expenses (not debt)

• Personnel
• Transportation
• Utilities
• Programs
• Co-curriculars

OPERATING

We listened after the April, 2019 referendum.

KM is asking for what it needs, when it’s needed. This is not a Band Aid. There is no cliff. This funding offers a sustained future with 100% of tax dollars staying in Kettle Moraine.

What KM needs, when KM needs it

$2,500,000 for the 2020-2021 school year + $1,500,000 for the 2021-2022 school year + $1,500,000 for the 2022-2023 school year + $1,500,000 for the 2023-2024 school year ...which equals $7,000,000 in sustained funding on an annual basis.

Legally-required language Legally-required language Not a Band Aid Gives the board authority, but they are not required to utilize it

The tax rate, as a result of a successful referendum, will increase by $0.15 (per $1,000 of property value) in the first year. This referendum WILL NOT INCREASE the tax rate above $9.78 in future years. It is a

• ne-time increase.

For example, a home valued at $400k would see the following impact: Tax Year Home Value KM Tax Impact 2020 $400K $3,852 2021 $400K $3,912 2022 $400K $3,912 2023 $400K $3,912 2024 $400K $3,912 2025 $400K $3,912 2026 $400K $3,912

Tax Rate Stays Flat at $9.78

} ONE-TIME INCREASE

KM Tax Rate Over Time

8th lowest tax rate

in the past 36 years.

Current Funding Reality:

81% of all WI Districts Have Passed Operating Referenda,

the choice our Wisconsin legislature prefers to provide communities

697 Operating Referenda Passed

By WI School Districts Since 1996

Custom Referenda Reports: DPI.WI.gov

We’re Not Alone

Here’s Just A Sampling Of WI School Districts Who Recently Passed An Operating Referendum

Sturgeon Bay • Sun Prairie • Shorewood • Mukwonago • Marshall • Potosi • Salem • Tomah • West Salem • Glendale-River Hills Frederic • Deforest • Fort Atkinson • Whitewater • Watertown • Stevens Point • Southern Door County • South Milwaukee Big Foot • Northland Pines • Wisconsin Heights • Goodman-Armstrong • Holmen • Laona • Oregon • Rhinelander Onalaska • East Troy • New Glarus • Whitewater • Monona Grove • Marathon City • Middleton-Cross Plains • Mineral Point Manawa • Loyal • Jefferson • Hillsboro • Fox Point • Gillett • Juda • Delavan-Darien • Edgerton • Elkhart Lake-Glenbeulah Brodhead • Bangor • Fontana • Westby • Valders • Shullsburg • Randall • Necedah • Merrill • Markesan • New Lisbon Mondovi • Manitowoc • Lacrosse • Hustisford • Kiel • Howard-Suamico • Gilman • Ellsworth • Clayton • Cambria-Friesland Alma • Adams-Friendship • Hamilton • Princeton • Florence • Three Lakes • Shiocton • Benton • Lakeland • Green Bay

VIEW MORE DATA

Sustainability Study: “Further cuts diminish edcational excellence.”

ONLY VIABLE OPTIONS: Referendum and legislative change VIEW REPORT

Registration Deadlines for the April 7, 2020 Spring Election

March 18, 2020 - Deadline to Register by Mail March 18, 2020 - Deadline to Register to vote online. April 3, 2020 @ 5:00 p.m. Deadline to Register in Your Municipal Clerk’s Office April 7, 2020 from 7:00 a.m.-8:00 p.m. Register to Vote at Your Polling Place

Absentee Voting Deadlines For April 7, 2020 Spring Election April 2, 2020 @

5:00 p.m. - Deadline to Request an Absentee Ballot: Regular and Permanent Overseas Voters April 3, 2020 @ 5:00 p.m. - Deadline to Request an Absentee Ballot: Indefinitely Confined Possibly though April 5, 2020 - Deadline for In-Person Absentee April 7, 2020 @ 5:00 p.m. - Deadline for Hospitalized Voters April 7, 2020 @ 5:00 p.m. - Deadline to Request an Absentee Ballot: Military April 7, 2020 @ 8:00 p.m. - Deadline to Return Absentee Ballot

Please visit My Vote Wisconsion for all voting information: https://myvote.wi.gov/en-us/

Voter Information