Peters Township School District Preliminary Budget 2020-2021 - - PDF document
Peters Township School District Preliminary Budget 2020-2021 February 3, 2020 Peters Township School District Preliminary Budget 2020-2021 February 3, 2020 School Board Finance Committee AGENDA I. Enrollment II. Five Year Projection III.
Peters Township School District
Preliminary Budget 2020-2021
February 3, 2020
School Board Finance Committee AGENDA I. Enrollment
Peters Township School District Preliminary Budget 2020-2021
February 3, 2020
Maintaining a High-Performing Sustainable School District
It is our obligation to provide a high-quality educational experience for our children while spending within our means. We will align and use our resources to ensure that all of our children achieve academic excellence and strength of character. We will be guided by the human, academic, and community impact of our financial decisions. We will be good fiscal stewards of all resources entrusted to us.
Peters Township School District Preliminary Budget 2020-2021
February 3, 2020
KEY POINTS TO NOTE: District Enrollment - We project level enrollment through 2022-2023 with a projected increase in 2023-2024. Grades K-3 Enrollment – We project slight increases over the next several years. Grades 4-6 Enrollment - We project slight increases through 2022-2023. Grades 7-8 Enrollment - Projected enrollment is up in 2020-2021 with small increases through 2023-2024. Grades 9-12 Enrollment – We project continued decreases in enrollment though 2022-2023.
Peters Township School District Preliminary Budget 2020-2021
February 3, 2020
PETERS TOWNSHIP ENROLLMENT PROJECTIONS ‐ 4 YEARS ACTUAL & 4 YEARS PROJECTED
2016‐2017 2017‐2018 2018‐2019 2019‐2020 2020‐2021 2021‐2022 2022‐2023 2023‐2024
ACTUAL ACTUAL ACTUAL ACTUAL PROJECTED
PROJECTED PROJECTED PROJECTED BOWER HILL ELEMENTARY KINDERGARTEN 141 150 173 155 165 165 170 170 FIRST GRADE 196 154 157 183 167 177 177 182 SECOND GRADE 176 196 164 165 185 169 179 179 THIRD GRADE 184 179 197 173 170 190 174 184 TOTAL 697 679 691 676 687 701 700 715 PLEASANT VALLEY ELEMENTARY KINDERGARTEN 104 101 110 96 110 110 105 105 FIRST GRADE 91 111 110 122 104 113 113 108 SECOND GRADE 97 92 111 111 124 109 118 118 THIRD GRADE 104 103 100 114 114 127 112 121 TOTAL 396 407 431 443 452 459 448 452 TOTAL K ‐ 3 ENROLLMENT KINDERGARTEN 245 251 283 251 275 275 275 275 FIRST GRADE 287 265 267 305 271 290 290 290 SECOND GRADE 273 288 275 276 309 278 297 297 THIRD GRADE 288 282 297 287 284 317 286 305 TOTAL 1093 1086 1122 1119 1139 1160 1148 1167 MCMURRAY ELEMENTARY FOURTH GRADE 310 289 296 297 293 290 323 292 FIFTH GRADE 293 308 295 299 301 297 294 327 SIXTH GRADE 293 286 316 292 302 306 302 299 _______ _______ _______ _______ TOTAL 896 883 907 888 896 893 919 918 MIDDLE SCHOOL SEVENTH GRADE 343 296 287 320 305 315 319 315 EIGHTH GRADE 356 339 297 288 323 308 318 322 _______ _______ _______ _______ TOTAL 699 635 584 608 628 623 637 637 HIGH SCHOOL NINTH GRADE 351 374 364 303 306 341 326 336 TENTH GRADE 386 350 371 363 305 308 343 328 ELEVENTH GRADE 340 385 339 370 363 305 308 343 TWELFTH GRADE 340 339 376 338 366 359 301 304 _______ _______ _______ _______ TOTAL 1417 1448 1450 1374 1340 1313 1278 1311 TOTAL ENROLLMENT ELEMENTARY 1989 1969 2029 2007 2035 2053 2067 2085 MIDDLE SCHOOL 699 635 584 608 628 623 637 637 H.S.& W.A.C.T.C. 1417 1448 1450 1374 1340 1313 1278 1311 _______ _______ _______ _______ TOTAL 4105 4052 4063 3989 4003 3989 3982 4033
(4) (53) 11 (74) 14 (14) (7) 51
1/24/2020
CLASS SIZE CLASS SIZE 2019-20 All 2020-21 All JAN. 2019-20 JAN Support SEPT. 2020-21 SEPT Support SCHOOL GRADE 2020 TEACHERS CL/SIZE Teachers 2020 TEACHERS CL/SIZE Teachers
Bower Hill
Kinderg. 155
4 19.38 Speech - 1
165
4 20.63 Speech - 1
Grade 1 185
8 23.13 Cst -1
167
7 23.86 Cst -1
Grade 2 162
7 23.14 Ist - 1
185
8 23.13 Ist - 1
Grade 3 174
7 24.86 LS - 4
170
7 24.29 LS - 4
______
Gifted - 1
______
Gifted - 1 TOTAL B.H.
676 26
22.53
687 26
22.90
Pleasant Valley
Kinderg. 96 2.5
19.20
Title I ‐ 1 110 2.5
22.00
Title I ‐ 1 Grade 1 121 5
24.20 Speech - .9
104 5
20.80 Speech - .9
Grade 2 109 5
21.80 LS - 2
124 5
24.80 LS/Cst - 2
Grade 3 114 5
22.80 Gifted - .75
114 5
22.80 Gifted - .75
______ ______
TOTAL P.V.
440 17.5
22.00
452 17.5
22.60
K-3 TOTALS
Kinderg. 251 6.5
19.31
275 6.5
21.15
Grade 1 306 13
23.54
271 12
22.58
Grade 2 271 12
22.58
309 13
23.77
Grade 3 288 12
24.00
284 12
23.67
______ ______
TOTAL K-3
1116 43.5
22.32
1139 43.5
22.78 Title I-1 Title I-1
McMurray
Gifted - 2 Gifted - 2
Grade 4 298 12
24.83 Speech - 1
293 12
24.42 Speech - 1
Grade 5 296 12
24.67 Cst - 1
301 12
25.08 Cst - 1
Grade 6 295 12
24.58 Ist - .5
302 12
25.17 Ist - .5
______
LS - 6.5
______
LS - 6.5 TOTAL McM
889 36
24.69
896 36
24.89 TOTAL K-6 2005 79.5 23.31 2035 79.5 23.66
Middle School
Grade 7 318 305 Grade 8 286 323 ______ ______
TOTAL
604 628
High School
Total Regular CTC Total Regular CTC
Grade 9 301 301 306 306 Grade 10 362 349 13 305 292 13 Grade 11 370 357 13 363 350 13 Grade 12 337 327 10 366 356 10 ______ ______ ______ ______ ______ ______
TOTAL
1370 1334 36 1340 1304 36 ______ ______
GRAND TOTAL
3979 4003
* Special education students are included in total enrollment and class‐size calculation. * Special education teachers are not included in the class‐size calculation. * All Support teachers are not included in the class‐size calculation.
Peters Township School District
January 2020 Enrollment ‐ September 2020 Projected
CURRENT PROJECTED
Stewman Demographic Study: 2017
Historical and Projected Enrollment (Scenario IV)
4383 4464 4474 4495 4412 4337 4276 4219 4196 4103 4110 4101 4019 3957 3912 3880 3897 3916 3914 3899 3500 3600 3700 3800 3900 4000 4100 4200 4300 4400 4500 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026
District‐Wide Enrollment
Peters Township School District 9/3/2019 Financial Projections Projected Annual Increases Revenue: 2019‐2020 2020‐2021 2021‐2022 2022‐2023 2023‐2024 Millage Increase to Index $959,601 $984,550 $1,010,148 $1,036,412 $1,063,359 Assessment Growth $491,903 $491,903 $491,903 $491,903 $491,903 Earned Income Tax $121,922 $0 $0 $0 $0 State Subsidies $73,790 $0 $0 $0 $0 Retroactive PlanCon $242,238 $0 $0 $0 $0 $1,889,454 $1,476,454 $1,502,052 $1,528,316 $1,555,262 Expenditures: Salaries $875,770 $1,205,327 $846,653 $956,618 $1,075,494 Teacher Retirements (4) $0 ($220,732) ($221,532) ($222,332) ($223,932) Social Security / Retirement $185,751 $208,833 $133,900.92 $159,670.49 $187,130.64 Debt Service ‐ New HS Bonds $537,929 $820,904 $1,427,116 $0 $0 Debt Service ‐ 2020 Bonds $0 $216,537 $467,455 $665,308 $0 Refinancing Savings $0 ($55,369) ($130,824) ($2,818) ($1,215) Healthcare Savings $0 $0 $0 ($300,000) $0 $1,599,450 $2,175,500 $2,522,769 $1,256,446 $1,037,477 Annual Estimated Surplus / (Deficit) $290,005 ($699,046) ($1,020,717) $271,869 $517,785 Rolling Estimated Surplus / (Deficit) ($409,042) ($1,429,759) ($1,157,890) ($640,104)
KEY POINTS TO NOTE: Additional revenue from increases in taxable property is rising slightly, but at a lesser rate than in prior years. Investment earnings are projected to increase due to rising interest rates. We have projected all State funding to remain at the same level as 2019 - 2020 with the exception of an increase in retirement reimbursement due to increased rates. Local revenue sources will continue to make up 75% of our total revenues.
Peters Township School District Preliminary Budget 2020-2021
February 3, 2020
DISTRICT REVENUE BY SOURCE
Budgeted Projected 2019‐2020 2020‐2021
Local Revenue 51,587,766 $ 52,363,467 $ State Revenue 16,167,887 $ 16,789,908 $ Federal Revenue 405,000 $ 435,000 $ Other Revenue 1,000 $ 1,000 $ Total Revenues 68,161,653 $ 69,589,375 $
$52,363,467 75% $16,789,908 24% $435,000 1% $1,000 0% Local Revenue State Revenue Federal Revenue Other Revenue
SCHOOL DISTRICT Total State Funding Students Per Student State Funding Peters Township SD $15,171,171 4,049 $3,747 Canon‐McMillan SD $23,394,510 5,297 $4,417 Chartiers‐Houston SD $7,986,327 1,160 $6,885 Trinity Area SD $22,037,526 3,151 $6,994 Ringgold SD $23,159,272 2,827 $8,192 Bentworth SD $10,353,517 1,138 $9,098 Charleroi SD $14,379,539 1,508 $9,536 Burgettstown Area SD $10,884,645 1,115 $9,762 Fort Cherry SD $10,121,785 1,033 $9,798 Washington SD $14,766,742 1,466 $10,073 McGuffey SD $16,978,692 1,576 $10,773 California Area SD $10,130,719 886 $11,434 Avella Area SD $6,591,860 543 $12,140 Bethlehem‐Center SD $14,164,847 1,164 $12,169
WASHINGTON COUNTY SCHOOL DISTRICTS 2017‐2018 STATE FUNDING PER STUDENT
$3,747 $4,417 $6,885 $6,994 $8,192 $9,098 $9,536 $9,762 $9,798 $10,073 $10,773 $11,434 $12,140 $12,169 $0 $2,000 $4,000 $6,000 $8,000 $10,000 $12,000 $14,000
SCHOOL DISTRICT MILLAGE RATE BETH CENTER 10.0256 AVELLA 10.7735 CALIFORNIA 11.5003 CANON McMILLAN 11.6500 BURGETTSTOWN 12.3098 BENTWORTH 12.3100 McGUFFEY 12.3500 FORT CHERRY 12.5052 CHARTIERS HOUSTON 12.5755 TRINITY 13.6500 PETERS TOWNSHIP 13.8100 RINGGOLD 14.1205 WASHINGTON 15.1578 CHARLEROI 16.9300
WASHINGTON COUNTY SCHOOL DISTRICTS MILLAGE RATES ‐ LOWEST TO HIGHEST 2019‐20 SCHOOL YEAR
ALLEGHENY COUNTY PEER DISTRICTS 2019‐2020 MILLAGE RATE COMPARISON
School District Millage Rate Millage Difference Tax Difference
$100,000 assessed value Peters Township 13.8100 North Allegheny 19.1408 5.3308 533.08 $ Pine‐Richland 19.5867 5.7767 577.67 $ Bethel Park 21.0000 7.1900 719.00 $ Mt Lebanon 24.7900 10.9800 1,098.00 $ Upper Saint Clair 26.3775 12.5675 1,256.75 $ South Fayette 26.7000 12.8900 1,289.00 $ School Taxes on a $300,000 home in…. Peters Township $4,143 North Allegheny $5,742 Pine‐Richland $5,876 Bethel Park $6,300 Mt Lebanon $7,437 Upper Saint Clair $7,913 South Fayette $8,010
Peters Township School District
Property Tax Millage Rate History
8.53 8.53 8.53 8.53 9.09 9.89 10.1710.17 10.17 10.51 10.82 10.97 11.4 11.59 12.18 12.5912.8913.19 13.5 13.81 2 4 6 8 10 12 14 16 MILLAGE RATE FISCAL YEAR
PROPERTY TAX MILLAGE 20 YEAR HISTORY
Prior to 2005, robust housing starts artificially protected Peters Township from millage increases.
Increased housing starts supported stable millage rates.
ASSESSED VALUE OF TAXABLE PROPERTY: 15 Fiscal Years
ASSESSED ANNUAL FISCAL YEAR VALUE INCREASE 2006‐07 $2,559,216,000 $125,987,149 2007‐08 $2,644,565,578 $85,349,578 2008‐09 $2,712,534,599 $67,969,021 2009‐10 $2,780,841,788 $68,307,189 2010‐11 $2,817,713,581 $36,871,794 2011‐12 $2,873,035,440 $55,321,858 2012‐13 $2,928,624,000 $55,588,560 2013‐14 $2,978,688,445 $50,064,445 2014‐15 $3,015,619,131 $36,930,686 2015‐16 $3,068,348,189 $52,729,058 2016‐17 $3,085,580,105 $17,231,915 2017‐18 $3,126,435,920 $40,855,815 2018‐19 $3,141,226,162 $14,790,242 2019‐20 $3,169,640,220 $28,414,058 2020‐21 $3,201,452,420 $31,812,200
PETERS TOWNSHIP SCHOOL DISTRICT
$0 $500,000,000 $1,000,000,000 $1,500,000,000 $2,000,000,000 $2,500,000,000 $3,000,000,000 $3,500,000,000
Rates of assessed value increases have slowed since their peak in 2006‐2007.
FISCAL YEAR GENERAL FUND BALANCE CAPITAL FUND BALANCE TOTAL FUND BALANCE (less New High School Fund) NEW HIGH SCHOOL PROJECT FUND BALANCE 01‐02 $17,130,016 $3,199,680 $20,329,696 02‐03 $15,826,326 $1,018,574 $16,844,900 03‐04 $12,108,384 $1,022,443 $13,130,827 04‐05 $11,927,280 $221,549 $12,148,829 05‐06 $13,645,468 $131,414 $13,776,882 06‐07 $14,861,126 $224,876 $15,086,002 07‐08 $15,302,279 $4,704,088 $20,006,367 08‐09 $13,917,440 $4,340,453 $18,257,893 09‐10 $11,817,595 $3,591,568 $15,409,163 10‐11 $11,263,205 $3,331,549 $14,594,754 11‐12 $9,840,535 $5,119,867 $14,960,402 12‐13 $11,175,074 $7,813,065 $18,988,139 13‐14 $8,901,186 $6,492,545 $15,393,731 14‐15 $9,953,685 $13,958,837 $23,912,522 15‐16 $10,558,409 $8,289,762 $18,848,171 16‐17 $10,809,708 $3,233,212 $14,042,920 17‐18 $10,934,201 $3,018,539 $13,952,740 $89,024,508 18‐19 $10,963,746 $2,698,575 $13,662,321 $64,171,249 19‐20* $10,963,746 $2,449,575 $13,413,321 $34,171,249 20‐21* $10,963,746 $1,949,575 $12,913,321 $12,171,249 *Projected
The General Fund Balance is comprised of $4.5 million assigned for debt service, $4.0 million for retirement expenses, and $2.4 million remains in unrestricted funds.
Peters Township School District
Fund Balance History/Projected
$0 $5,000,000 $10,000,000 $15,000,000 $20,000,000 $25,000,000 02‐03 03‐04 04‐05 05‐06 06‐07 07‐08 08‐09 09‐10 10‐11 11‐12 12‐13 13‐14 14‐15 15‐16 16‐17 17‐18 18‐19 19‐20* 20‐21*
Fund Balance History/Projected
Capital Fund General Fund Total
Peters Township School District Capital Projects Fund ‐ less New High School Funding Estimated June 30, 2020 Balance $2,698,575 2020‐2021 Expenditures School Bus ($100,000) Maintenance Truck ($40,000) Kubota Tractor ($30,000) Track Painting ($10,000) Cafeteria Floor ‐ BH ($46,000) Cafeteria Tables ‐ BH ($11,000) Carpet and Tile ‐ PV ($12,000) Total 2020‐2021 Expenditures ($249,000) Projected June 30, 2021 Balance 2,449,575 $
Budgeted Projected 2019‐2020 2020‐2021
Local Revenue 51,587,766 $ 52,363,467 $ State Revenue 16,167,887 $ 16,789,908 $ Federal Revenue 405,000 $ 435,000 $ Other Revenue 1,000 $ 1,000 $ Total Revenues 68,161,653 $ 69,589,375 $
Peters Township School District Preliminary 2020‐2021 Budget ‐ Revenue by Major Function ACT 16‐17 ACT 17‐18 ACT 18‐19 19‐20 BUD 20‐21 BUD 6000 REVENUE FROM LOCAL SOURCES 6111.1 CURRENT REAL ESTATE TAXES* 37,702,463 39,286,363 40,614,891 41,968,297 42,391,236 6112.1 INTERIM REAL ESTATE* 226,115 278,718 173,935 250,000 250,000 6113 PUBLIC UTILITY TAX 47,248 44,772 46,163 45,000 45,000 6143 LOCAL SERVICES TAX 47,891 47,770 47,982 45,000 45,000 6151 EARNED INCOME TAX* 5,961,675 6,276,170 6,063,019 6,286,807 6,349,675 6153 REAL ESTATE TRANSFER TAX* 839,039 942,433 1,009,042 878,980 930,171 6411 DELINQUENT REAL ESTATE TAX 489,026 544,751 554,204 513,470 529,327 6451 DELINQUENT EARNED INCOME TAX 116,394 135,429 51,082 112,171 50,000 6510 INTEREST ON INVESTMENTS* 103,385 239,818 604,111 450,000 550,000 6710 REVENUE FROM ATHLETIC EVENTS 118,412 144,759 179,259 131,041 162,009 6740 STUDENT FEES‐PARKING 27,780 27,115 29,100 26,000 26,000 6740 STUDENT FEES‐ACTIVITIES 6,560 8,650 7,640 8,000 8,000 6740 STUDENT FEES‐ATHLETICS 109,915 108,020 107,800 108,000 108,000 6740 STUDENT FEES‐TRANSPORTATION 24,056 16,181 14,719 18,000 18,000 6790 COACHES SALARIES PAID BY ATHLETIC 15,901 13,254 11,928 13,000 13,000 6832 FED. REV. FROM OTHER LEA'S‐Idea 545,961 532,384 516,573 532,000 532,000 6910 RENTAL FROM SCHOOL FACILITIES 46,704 34,398 42,492 40,000 55,000 6920 CONTRIBUTIONS AND DONATIONS 44,843 10,000 10,000 6941 TUITION ‐ REGULAR DAY STUDENTS 10,142 10,853 10,612 10,000 10,000 6942 TUITION ‐ SUMMER SCHOOL 94,816 59,800 60,011 90,000 60,000 6944 TUITION ‐ OTHER LEA'S 113,682 93,657 90,000 6961 TRANSPORTATION PROVIDED TO LEA'S 11,700 ‐107,867 11,570 10,000 10,000 6991 REFUND OF PRIOR YR. EXPENSE‐ERATE 55,252 148,856 57,039 30,000 87,049 6992 ENERGY EFFICIENCY‐CLEARCHOICE 24,722 24,000 6999 MISCELLANEOUS 13,891 10,789 6,227 12,000 10,000 6000 TOTAL LOCAL REVENUE 46,659,169 48,917,098 50,337,778 51,587,766 52,363,467 7000 REVENUE FROM STATE SOURCES ACT 16‐17 ACT 17‐18 ACT 18‐19 19‐20 BUD 20‐21 BUD 7110 BASIC INSTRUCTIONAL SUBSIDY* 5,413,907 5,489,147 5,553,247 5,553,343 5,630,109 7160 TUITION FOR FOSTER CHILDREN 4,514 10,235 1,686 5,000 5,000 7250 MIGRATORY CHILDREN 160 150 7271 SPECIAL ED. ‐ REGULAR PROGRAMS* 1,589,123 1,607,116 1,613,601 1,620,745 1,655,111 7310 TRANSPORTATION SUBSIDY 858,365 841,142 813,709 950,000 850,000 7321 RENTAL/SINKING FUND PAYMENTS 647,260 245,727 386,941 269,640 496,669 7330 HEALTH SERVICE 88,545 54,380 73,840 75,000 75,000 7340 STATE PROPERTY TAX ALLOCATION 731,178 731,943 733,867 728,324 728,324 7361 SAFE SCHOOLS GRANTS 40,007 40,000 7501 READY TO LEARN GRANT 335,813 335,813 335,813 335,813 335,813 7810 REVENUE‐SOC. SEC. PAYMENTS 1,066,056 1,095,585 1,114,692 1,206,123 1,265,395 7820 REVENUE‐RETIREMENT 4,267,786 4,760,083 4,976,894 5,423,899 5,708,337 7000 TOTAL STATE REVENUE 15,002,547 15,171,171 15,644,457 16,167,887 16,789,908 8000 REVENUE FROM FEDERAL SOURCES ACT 16‐17 ACT 17‐18 ACT 18‐19 19‐20 BUD 20‐21 BUD 8514 ECIA ‐ TITLE I 193,002 164,003 127,834 175,000 130,000 8515 TITLE IIA CLASS SIZE REDUCTION 53,109 61,408 59,234 60,000 60,000 8517 10,000 11,868 10,000 8731 BUILD AMERICA BONDS 17,312 34,681 34,811 20,000 35,000 8810 SBAP‐SCHOOL BASED ACCESS PROGRAM 2,817 1,838 117,052 150,000 200,000 8000 TOTAL FEDERAL REVENUE 266,240 271,930 350,799 405,000 435,000 TOTAL LOCAL/STATE/FEDERAL REVENUE 61,927,956 64,360,199 66,333,034 68,160,653 69,588,375 9000 OTHER FINANCING SOURCES ACT 16‐17 ACT 17‐18 ACT 18‐19 19‐20 BUD 20‐21 BUD 9400 SALE/COMP. ‐ LOSS OF FIXED ASSETS 1,323 943 467 1,000 1,000 9000 TOTAL OTHER FINANCING SOURCES 1,323 943 467 1,000 1,000 TOTAL REVENUE ALL SOURCES $61,929,279 $64,361,142 $66,333,501 $68,161,653 $69,589,375 INCREASE (DECREASE) $2,757,238 $2,431,863 $1,972,359 $1,828,152 $1,427,722
KEY POINTS TO NOTE: Expenditures continue to rise while enrollment is trending down. Expenditure increases are driven primarily by contractual and mandated staff costs.
Debt Service will increase due to construction borrowing.
MAJOR COST DRIVERS:
Teacher and Staff Salaries and Benefits Debt Service
Peters Township School District Preliminary Budget 2020-2021
February 3, 2020
Peters Township School District
Total Actual Annual Expenditure History
Actual Year Expenditure Increase % Increase Enrollment Increase % Increase
2004‐2005 $36,881,683 $575,204 1.58% 4023 83 2.11% 2005‐2006 $39,194,254 $2,312,571 6.27% 4172 149 3.70% 2006‐2007 $41,282,037 $2,087,783 5.33% 4323 151 3.62% 2007‐2008 $43,806,071 $2,524,034 6.11% 4392 69 1.60% 2008‐2009 $45,459,114 $1,653,043 3.77% 4464 72 1.64% 2009‐2010 $47,690,683 $2,231,569 4.91% 4440 ‐24 ‐0.54% 2010‐2011 $48,917,785 $1,227,102 2.57% 4453 13 0.29% 2011‐2012 $49,817,493 $899,708 1.84% 4360 ‐93 ‐2.09% 2012‐2013 $49,825,339 $7,846 0.02% 4313 ‐47 ‐1.08% 2013‐2014 $55,687,284 $5,861,945 11.76% 4248 ‐65 ‐1.51% 2014‐2015 $56,241,974 $554,690 1.00% 4226 ‐22 ‐0.52% 2015‐2016 $58,567,315 $2,325,341 4.13% 4109 ‐117 ‐2.77% 2016‐2017 $59,531,227 $963,912 1.65% 4105 ‐4 ‐0.09% 2017‐2018 $64,236,649 $4,705,422 7.90% 4052 ‐53 ‐1.25% 2018‐2019 $66,303,956 $2,067,307 3.22% 4063 11 0.27% **2019‐2020 $68,161,653 $1,857,697 2.80% 3989 ‐74 ‐1.80% **2020‐2021 $71,117,710 $2,956,057 4.34% 4003 14 0.34% AVERAGE $2,320,748.73 4.61% **BUDGETED
Per Student Expenditure Analysis History
Exp./Student Increase % Increase
2005‐2006 $9,395 $227 2.47% 2006‐2007 $9,549 $155 1.65% 2007‐2008 $9,974 $425 4.45% 2008‐2009 $10,183 $209 2.10% 2009‐2010 $10,741 $558 5.48% 2010‐2011 $10,985 $244 2.27% 2011‐2012 $11,426 $441 4.01% 2012‐2013 $11,552 $126 1.11% 2013‐2014 $13,109 $1,557 13.48% 2014‐2015 $13,309 $200 1.52% 2015‐2016 $14,253 $945 7.10% 2016‐2017 $14,502 $249 1.74% 2017‐2018 $15,853 $1,351 9.32% 2018‐2019 $16,319 $466 2.94% *2019‐2020 $17,087 $768 4.71% *2020‐2021 $17,766 $679 3.97% AVERAGE $527.98 4.29% *BUDGETED
Peters Township School District
2017‐2018 Expenditures Per Student Washington County Comparison
School District Exp Per Student Charleroi SD $15,685 Peters Township SD $15,865 Bentworth SD $15,963 Chartiers‐Houston SD $16,015 Ringgold SD $16,370 Canon‐McMillan SD $16,638 Fort Cherry SD $17,213 Burgettstown Area SD $17,503 Trinity Area SD $17,976 Bethlehem‐Center SD $18,204 California Area SD $18,631 Washington SD $19,186 McGuffey SD $19,511 Avella Area SD $19,811
$10,000 $12,000 $14,000 $16,000 $18,000 $20,000 $22,000
Peters Township School District
2017‐2018 Expenditures Per Student Allegheny County Peer Districts Comparison
School District Exp Per Student Peters Township SD $15,865 South Fayette Township SD $16,503 Mt Lebanon SD $17,604 Pine‐Richland SD $17,790 North Allegheny SD $19,439 Upper Saint Clair SD $19,905 Bethel Park SD $20,732 Fox Chapel SD $24,263
$10,000 $12,000 $14,000 $16,000 $18,000 $20,000 $22,000 $24,000 $26,000 Peters Township SD South Fayette Township SD Mt Lebanon SD Pine‐Richland SD North Allegheny SD Upper Saint Clair SD Bethel Park SD Fox Chapel SD
2017‐2018 Per Pupil Cost Analysis PTSD USC Fox Chapel Pine‐ Richland South Fayette Canon‐ Mac
Students 4,070 4,055 4,016 4,614 3,368 5,341 5,521 Salaries $7,348 $8,903 $11,512 $6,925 $6,952 $5,990 $8,479 Healthcare $1,379 $1,619 $1,991 $1,563 $1,222 $1,446 $1,608 Retirement $2,352 $2,844 $3,697 $2,249 $2,233 $1,936 $2,739 Other Benefits $698 $865 $1,140 $665 $700 $561 $718 Professional & Technical Services $681 $831 $1,032 $762 $554 $818 $605 Purchased Property Services $411 $303 $344 $230 $509 $247 $149 Contracted Transportation $344 $325 $1,088 $1,080 $98 $412 $205 Charter Schools $143 $106 $255 $175 $146 $272 $72 Other Purchased Services $289 $492 $511 $609 $517 $542 $366 Supplies & Books $384 $700 $1,153 $878 $540 $583 $561 Property & Equipment $197 $352 $362 $6 $336 $195 $22 Dues and Fees / Refund of Prior Year Exp $39 $146 $126 $108 $39 $231 $11 Debt Service $1,279 $2,322 $1,047 $1,966 $2,657 $1,791 $1,925 Other Fund Transfer $321 $97 $5 $574 $0 $1,614 $144 Total Exp per Pupil $15,865 $19,905 $24,263 $17,790 $16,503 $16,638 $17,604
Avella Area Sd Bentworth SD Bethlehem‐Center SD Burgettstown Area SD California Area SD Canon‐McMillan SD Charleroi SD Chartiers‐Houston SD Fort Cherry SD McGuffey SD Peters Township SD Ringgold SD Trinity Area SD Washington SD 40.0% 45.0% 50.0% 55.0% 60.0% 65.0% 70.0% 75.0% 80.0% 85.0% 90.0% $15,000 $15,500 $16,000 $16,500 $17,000 $17,500 $18,000 $18,500 $19,000 $19,500 $20,000
Washington County Comparison
HIGH LOW LOW HIGH
High Achievement & Low Expenditure
Bethel Park SD
North Allegheny SD Peters Township SD Pine‐Richland SD South Fayette Township SD Fox Chapel SD Upper St. Clair SD 75.0% 77.0% 79.0% 81.0% 83.0% 85.0% 87.0% $15,000 $16,000 $17,000 $18,000 $19,000 $20,000 $21,000 $22,000 $23,000 $24,000 $25,000
RETURN ON INVESTMENT Allegheny County Peer Districts Comparison
High Achievement & Low Expenditure
HIGH LOW LOW HIGH
2019 PSSA (% Profjcient) vs. 2018 Instructional Costs per Student All Pennsylvania Districts (bubble size = 2019 % Free-Reduced Lunch)
Peters Township
Peters Township School District Preliminary 2020‐2021 Budget ‐ Expenditures by Major Function
BUDGET BUDGET ACT 16‐17 ACT 17‐18 ACT 18‐19 2019‐20 2020‐21
1000 INSTRUCTION
1100 REGULAR PROGRAMS‐E/S 29,468,038 30,496,444 31,216,445 32,108,034 33,095,569 1200 SPECIAL PROGRAMS‐E/S 6,599,387 7,227,800 7,159,661 7,891,958 8,282,618 1300 VOCATIONAL ED. PROG. 301,066 278,956 356,608 234,450 234,450 1400 OTHER ED. PROGRAMS 83,071 54,088 45,828 110,449 111,428 1500 NON PUBLIC SCHOOL PROGRAMS 1,595 20,182 20,097 1,600 1,600 1000 TOTAL INSTRUCTION 36,453,157 38,077,470 38,798,639 40,346,491 41,725,665
2000 SUPPORT SERVICES
2100 PUPIL PERSONNEL 1,839,297 2,084,033 2,204,255 2,747,317 2,778,913 2200 INSTRUCTIONAL STAFF 1,955,984 1,885,533 1,844,041 1,750,160 1,789,966 2300 ADMINISTRATION 3,625,752 3,597,230 3,623,400 3,869,419 3,901,017 2400 PUPIL HEALTH 596,563 605,731 685,418 675,730 711,584 2500 BUSINESS 472,822 548,511 576,279 593,822 589,420 2600 OPER. & MAIN. OF PLANT/TECH. 4,926,509 5,171,600 5,309,670 5,576,122 5,595,522 2700 TRANSPORTATION 2,395,367 2,823,728 2,938,334 2,965,273 3,476,777 2800 SUPPORT SERVICES 946,760 1,105,377 1,246,141 1,175,859 1,190,594 2900 OTHER SUPPORT SRVS. 69,619 64,174 63,705 65,654 65,654 2000 TOTAL SUPPORT SERVICES 16,828,673 17,885,917 18,491,243 19,419,356 20,099,447
3000
3100 FOOD SERVICE 3200 STUDENT ACTIVITIES 1,555,861 1,599,188 1,677,696 1,487,956 1,472,325 3300 COMMUNITY SERVICES 5,433 3,441 4,455 5,000 5,000 3000 TOTAL NONINSTRUC. SRVS. 1,561,294 1,602,629 1,682,151 1,492,956 1,477,325
4000
4100 PURCHASE OF LAND 247,746 4200 SITE IMPR.‐ REPLACEMENT 4600 BLDG. IMPR ‐ REPLACEMENT 4000 TOTAL NONINSTRUC. SRVS. 247,746
54,843,124 57,813,762 58,972,033 61,258,803 63,302,437
5000 OTHER FINANCING USES
5100 DEBT SERVICE 4,834,857 88,628 42,399 5,250 5,250 5200 FUND TRANSFERS 2,000,000 6,472,967 7,289,524 6,897,600 7,810,023 5900 BUDGETARY RESERVE 5000 TOTAL OTHER USES 6,834,857 6,561,595 7,331,923 6,902,850 7,815,273 TOTAL EXPENDITURES & OTHER USES 61,677,981 64,375,357 66,303,956 68,161,653 71,117,710 INCREASE (DECREASE) 2,697,376.00 1,928,599.00 1,857,697.00 2,956,057.00
Peters Township School District
Estimated Expenditure Increases:
Salaries & Wages 1,406,764 $ Debt Service 1,162,423 $ Retirement 511,257 $ Transportation 71,000 $ Increase in Expenditures 3,151,444 $
Increase in Contractual and Mandated Staff Costs
Salaries & Wages $1,406,764 45% Debt Service $1,162,423 37% Retirement $511,257 16% Transportation $71,000 2%
KEY POINTS TO NOTE: 2020-2021 Salaries increase $1,406,764 over 2019-2020
Public School Employees’ Retirement System (PSERS) pension costs are increasing from 34.29% to 34.51% in 2020-2021; resulting in an increased cost of $511,257 to the District.
costs in 2007-2008 to 15.96% of operating costs in 2020-2021.
Peters Township School District Preliminary Budget 2020-2021
February 3, 2020
Peters Township School District
Year Teachers Average Jump Step Increase of $33,000 2016‐2017 8 264,000 $ 2017‐2018 7 231,000 $ 2018‐2019 11 363,000 $ 2019‐2020 13 429,000 $ 2020‐2021* 24 792,000 $ 2021‐2022* 6 198,000 $ 2022‐2023* 15 495,000 $ 2023‐2024* 15 495,000 $ *Projected
Teachers Reaching Jump Step
5 10 15 20 25 30
Peters Township School District
Impact of Retirement Rate Increases on the Budget
2015‐16 2016‐17 2017‐18 2018‐19 2019‐20 2020‐21
Est. Est.
RETIREMENT ELIGIBLE WAGES
$28,950,370 $28,880,370 $29,743,736 $30,390,488 $31,675,454 $33,082,218 $112,309 ‐$70,000 $863,366 $646,752 $1,284,966 $1,406,764
TOTAL RETIREMENT RATE (PSERS)
25.84% 30.03% 32.57% 33.43% 34.29% 34.51%
DISTRICT SHARE
12.92% 15.02% 16.29% 16.72% 17.15% 17.26%
DISTRICT SHARE ‐ RATE CHANGE
2.22% 2.10% 1.27% 0.43% 0.43% 0.11%
DISTRICT CONTRIBUTION COST
$3,740,388 $4,336,388 $4,843,767 $5,079,770 $5,430,757 $5,708,337
DISTRICT ANNUAL COST (INC./DEC.)
$654,715 $596,000 $507,380 $236,003 $350,987 $277,580
0% 5% 10% 15% 20% 25% 30% 35% 40%
Annual PSERS Retirement Rate
District retirement rates have increased 608% since 2010‐2011.
KEY POINTS TO NOTE: Debt Service costs are projected to increase by $1,162,423 between 2019-2020 to 2020-2021. Debt Service accounts for 10.98% of the total District expenditures in 2020-21.
Peters Township School District Preliminary Budget 2020-2021
February 3, 2020
Peters Township School District
Debt Service History
FISCAL YEAR DEBT SERVICE 2006‐07 $5,862,924 2007‐08 $5,600,032 2008‐09 $5,743,442 2009‐10 $5,707,987 2010‐11 $5,733,042 2011‐12 $5,917,527 2012‐13 $4,144,540 2013‐14 $4,478,035 2014‐15 $4,615,791 2015‐16 $4,757,723 2016‐17 $4,653,234 2017‐18 $5,172,967 2018‐19 $5,889,524 *2019‐20 $6,647,600 *Budget *2020‐21 $7,810,023 *Budget
$0 $1,000,000 $2,000,000 $3,000,000 $4,000,000 $5,000,000 $6,000,000 $7,000,000 $8,000,000 $9,000,000
2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 *2019-20 *2020-21
ANNUAL DEBT SERVICE
Debt Service is projected to be 11.0%
budget for 2020‐21.
REVENUES:
6000 Local Revenues 52,363,467 $ 7000 State Revenues 16,789,908 $ 8000 Federal Revenues 435,000 $ 9000 Other Financial Sources 1,000 $
2020‐21 Revenues
69,589,375 $
EXPENDITURES:
1000 Instruction 41,725,665 $ 2000 Support Services 20,099,447 $ 3000 Operations of Non 1,477,325 $ Instructional Services 4000 Facilities ‐ $ 5000 Other Financing Uses 7,815,273 $
2020‐2021 Expenditures
71,117,710 $
2020‐2021 Budget Gap
(1,528,335) $
PRELIMINARY BUDGET CONSIDERATION: NO MILLAGE INCREASE
2020‐2021 Millage Rate at 13.81
REVENUES:
6000 Local Revenues 53,320,037 $ 7000 State Revenues 16,789,908 $ 8000 Federal Revenues 435,000 $ 9000 Other Financial Sources 1,000 $
2020‐2021 Revenues
70,545,945 $
EXPENDITURES:
1000 Instruction 41,725,665 $ 2000 Support Services 20,099,447 $ 3000 Operations of Non 1,477,325 $ Instructional Services 4000 Facilities ‐ $ 5000 Other Financing Uses 7,815,273 $
2020‐2021 Expenditures
71,117,710 $
2020‐2021 Budget Gap
(571,765) $
PRELIMINARY BUDGET
BUDGET CONSIDERATIONS 2020‐2021 ‐ MILLAGE INCREASE TO THE INDEX
2019‐2020 Millage Rate is 13.81 2.6% Index allowable increase in millage 0.35 2020‐2021 Millage Rate 14.16