Presentation of Superintendents Budget FY 2015-2016 Budget Calendar - - PowerPoint PPT Presentation

Presentation of Superintendent’s Budget

FY 2015-2016

• Budget Calendar
• State of the State
• Operating Budget
• Capital Outlay

• January 23-24 – Board retreat
• January & February – Meet with Principals

and Department Directors

• March 2 – Board work session
• March 16 – Present Superintendent’s budget

to Board of Education

• April 20 – Board adoption of budget

resolution

• May 15 – Deliver Board of Education budget

request to County

• May or June – County approves budget

• June 15 – Board of Education approves

interim budget

• July or August – General Assembly and the

Governor approves State budget

• September 21 – Board of Education approves

final budget resolution

• Budget Calendar
• State of the State
• Operating Budget
• Capital Outlay

New biennial budget for 2015-2017 which will be based on the following assumptions:

• Annual revenue growth of 3.9% to 4.1%, or
• ver $1.5 billion during the 2 year period
• Improved sales tax growth and consumer

confidence

• Improving employment outlook
• Lower corporate tax revenues as the tax rate

is reduced from 6.0% to 5.0%

• Increased education funding by $235M, or

2.8%

• Starting salary for Teachers to increase from

$33,000 to $35,000

• Provides funding for Teachers to move to the

next salary tier based on experience

• Maintains funding for TA positions
• Fully funds ADM growth

• No formal proposal at this time
• Funding for Drivers’ education and a portion
• f funding for Teacher Assistants was

designated as non-recurring in the current budget

• There was no recurring funding for ADM

growth in the current budget

• Budget Calendar
• State of the State
• Operating Budget
• Capital Outlay

Components of the local operating budget:

• The current local operating budget adjusted for

new funding

• New funding includes the estimated costs to

continue on-going operations at the current level of service and any new initiatives that are needed to improve or expand the current level

• f service
• Operating expenses that are funded from the

GCS fund balance

WE ARE Gaston County Schools

• “Teacher” supplements include all certified

personnel including guidance counselors, social workers, nurses, etc.

• In FY 2014-15 we increased the teacher

supplement by 3% or $180,000 (50% funded by County) - the first increase in five years

• The average supplement changes each year

based on the average level of experience for certified personnel and averages 5% of an employee’s total pay

WE ARE Gaston County Schools

LEA - SIMILAR IN SIZE Average Supplement Durham (32,263) $ 5,195 Johnston (33,195) 3,785 Buncombe (25,370) 3,662 State Average 3,553 New Hanover (25,088) 3,101 Union (40,248) 3,065 Cabarrus (29,721) 2,509 Gaston (30,977) 2,177

Source: DPI 2014 Table 20 for average supplement DPI 2013 Table A-1 for LEA ADM

WE ARE Gaston County Schools

LEA - NEIGHBORING Average Supplement Charlotte-Mecklenburg

(140,161)

$ 6,083 State Average 3,553 Union (40,248) 3,065 Lincoln (11,571) 2,928 Catawba (16,984) 2,913 Cabarrus (29,721) 2,509 Iredell-Statesville (21,199) 2,477 Gaston (30,977) 2,177 Cleveland (15,329) 1,635

Source: DPI 2014 Table 20 for average supplement DPI 2013 Table A-1 for LEA ADM

3% $1 Million $2 Million

• Avg. Salary Supplement / Employee (1)

2,177 $ 2,177 $ 2,177 $ Number of Certified Employees 2,160 2,160 2,160 Total Local Supplement 4,702,320 $ 4,702,320 $ 4,702,320 $ Proposed Increase 141,070 1,000,000 2,000,000 Less: Employer Benefit Costs (32,249) (228,600) (457,200) Revised Supplement 4,811,141 $ 5,473,720 $ 6,245,120 $ Revised Supplement / Employee 2,227 $ 2,534 $ 2,891 $ Increase in Revised Monthly Supplement / Employee 4 $ 30 $ 60 $

Employer Benefit Costs (2) 22.86% 22.86% 22.86% Percent increaseof supplement, net 2.3% 16.4% 32.8%

Salary Supplement Increases

Salary Supplement (i.e. Teachers) $ 1,000,000 K-3 Literacy Teachers (30) 1,960,000 Teacher Assistants (32) 930,000 Assistant Principals (10) 630,000

Curriculum Coaches (12) $ 820,000 Math Support Specialists - Middle (11) 725,000 Secondary Curriculum Facilitators (4) 280,000 Employer Paid Benefit Increase 110,000 Total School Personnel

Drivers’ Education $ 600,000 Extend School Year (4 weeks) 400,000 Professional Development 325,000 Total Instructional Programs $ 1,325,000

Technology: Technology Instructional Support $ 360,000 SmartBoard Maintenance 250,000 Secondary Data Center 580,000 Total Technology $ 1,190,000

Technology $ 1,190,000 Imaging Student Records 300,000 Utilities 225,000 Total Operations $ 1,715,000

School Personnel $ 6,455,000 Instructional/Support Programs 1,325,000 Operations Total New Operational Funding $ 9,495,000

Existing Operational Funding $ 43,816,704

Ongoing Expenses: $ 1,185,000 New Initiatives: $ 8,310,000

New Operational Funding 9,495,000 Total Requested Funding $ 53,311,704

• Will ensure that we address some of our

primary funding priorities

• Unassigned fund balance totaled $8.4 million

at June 30, 2014 (3.5% of revenues)

• There is risk associated with funding on-going

costs with fund balance

• Recommend using $1.0 million of fund

balance to increase certified employee salary supplements (i.e. Teachers)

• Budget Calendar
• State of the State
• Operating Budget
• Capital Outlay

• Currently updating our Capital Improvement

Plan

• County Commissioners have agreed to invest

up to $5 million to design one new elementary school and one middle school

• Requesting Capital Outlay of $5.2 million for

FY 2016 compared to $1.2 million received for FY 2015. This equates to approximately $1.00 per square foot