PRELIMINARY BUDGET PRESENTATION 2018-2019 DR. NANCY M. HACKER, - - PowerPoint PPT Presentation

PRELIMINARY BUDGET PRESENTATION 2018-2019

• DR. NANCY M. HACKER, SUPERINTENDENT
• MR. KENNETH KING, BUSINESS MANAGER

OUR MISSION STATEMENT

The Mission of the School District of Springfield Township is to educate and develop all students as learners and citizens who are high-achieving, resilient and responsible in a changing global community.

PURPOSE OF THE BUDGET PROCESS

The School District of Springfield Township annual budget process allows us to fund and pursue

• ur district goals and meet obligations to our students.

DISTRICT GOALS SERVED BY THE BUDGET

• A quality educational program for all students
• The social and emotional welfare and needs of all students
• A full complement of extracurricular activities for enhancement of

student life

• Safe, secure, up-to-date, and well maintained facilities
• A well qualified and well trained staff

CURRENT STATUS OF THE BUDGET

• PA. ACT 1 INDEX = 2.4%

2.4% INCREASE RAISES $990,000 CURRENT (JANUARY, 2018) TAX INCREASE = $2,037,000 = 4.94% (Last year at this time, the increase was $2,399,000, or 5.93%)

DEFICIT = $1,047,000

CURRENT BUDGET PROCESS

Build department and school budgets Review historical patterns, current needs, new initiatives, enrollment figures Plan for staffing Retirements, additional class size needs, new programs, contractual

• bligations

Compile, estimate revenue figures Federal, state, local

Determine needs and expenses Healthcare, PSERS, capital improvements, debt

DISTRICT REVENUE SOURCES

FEDERAL = $465,508 TOTAL DISTRICT REVENUE = $58,435,447 LOCAL = $49, 235,149 STATE = $8,734,790

REVENUE COMPARIONS OVER TIME

551,145 8,732,561 41,927,666 358,000 7,846,294 45,381,910 458,100 8,387,700 48,185,288 465,508 8,734,790 49,235,149

10,000,000 20,000,000 30,000,000 40,000,000 50,000,000 60,000,000 FEDERAL STATE LOCAL

4 YEAR COMPARISON – 2015-16 – 2018-19

2015-16 2016-17 2017-18 2018-19

PRELIMINARY BUDGET EXPENDITURES

COMPARISONS OVER TIME

COD E DESCRIPTION

2015-2016 2016-2017 2017-2018 (CURRENT) 2018-2019 (PRELIM) % OF BUDGET $ CHANGE % CHANGE 100

Salaries

$ 24,596,355 $25,386,236 25,715,888 26,321,255 45.0% $605,567 2.4%

200

Benefits

$ 12,441,128 13,840,212 14,738,670 15,572,629 26.6% $833,959 5.7%

300

Prof/Tech

$ 2,253,593 2,373,498 2,326,449 2,368,617 4.1% $42,168 1.8%

400

• Prop. Servs.

$ 1, 627,110 786,917 868,059 858,717 1.5%

• $9,342
• 1.1%

500

Other Servs.

$ 1,923,015 1,888,919 2,451,414 2,622,094 4.5% $170,680 7.0%

600

Supplies

$ 1,856,269 2,496,980 2,362,278 2,360,271 4.0%

• $2,007
• 0.1%

700

Equip.

$ 631,206 399,656 181,990 207,051 0.4% $25,061 13.8%

800

Other Objs

$ 1,531,998 1,649,765 1,909,488 2,625,762 4.5% $716,274 37.5%

900

Other Finan

$ 8,881,000 6,634,000 5,404,560 5,499,051 9.4% $94,491 1.7%

TOTAL BUDGET ALLOCATIONS

45.0% 26.6% 4.1 1.54.5 4.0 0.4 4.5 9.4%

salaries benefits prof servs prop servs

• ther servs

supplies equip.

• ther objs
• ther financ

EXPENSES INCREASE AS ENROLLMENTS AND STUDENT NEEDS INCREASE

• Enrollment increases - 2,060 to 2,500 students (10 years)
• Econ. disadvantaged students – 147 to 482 (10 years)
• English Language Learners – 30 to 44 over 10 years
• Facilities need updating, additions, and replacement
• Mental and emotional needs of students have increased

MAJOR AREAS OF EXPENSE FOR 2018-2019

1. Salaries - $605,000 Possible new staff – class size reduction, emotional support 2. Continuation of older bus replacement - $550,000 3. Debt service – inclusion of $45 million bond to finance new construction - $709,000 4. Healthcare - $152,000 5. PSERS - $628,000 6. Increased Transportation Services (Homeless, Foster Care) - $126,000

THE BUDGET REPRESENTS…

• Fiscal support for district goals
• The wants and needs of the community, staff, and students
• A balance between wants and needs
• The need to establish priorities
• A balance between priorities and what we believe we can afford