SPOONER AREA SCHOOL DISTRICT 2013-2014 BUDGET PRESENTATION - - PowerPoint PPT Presentation

2013-2014 BUDGET PRESENTATION

SPOONER AREA SCHOOL DISTRICT

• SAGE has increased substantially from three years ago. SAGE is tied to our Free and

Reduced number, which is well over 50% at the Elementary School.

• Title I, a Federal Aid, has increased dramatically over the past three years. Title is tied to the

poverty level of the District’s occupants.

• We are able to utilize a Federal Special Education stipulation that allows the District to use

funds at the Elementary School since it is a School Wide Title I School.

• We combined our General Fund bank account with our Debt Service bank account to help

with our Cash Flow needs.

• Our State General Aid continues to decline at the maximum 15% Hold Harmless Annually.

This is the second year that we receive more in State Categorical Aids than General.

• We are receiving $78,629 in State Aid to High Poverty Districts which reduces the loss to 8%.

OVERVIEW

OVERVIEW

• We have utilized Act 10 and bid out insurances to dramatically reduce benefit expenses.
• We formed insurance and post employment benefit committees including Board Members,

Administration, and Staff Members. We were able to change the post employment benefit to a more sustainable model.

• All of these strategies combined to put us in a much better position than we were in 24 or

30 months ago.

• We can live off of our Fund Balance for at least two more years assuming there is not a

big hit in State funding.

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200 400 600 800 1000 1200 1400 1600 1800 2000 Enrollment School Year

Enrollment History - Spooner Area School District

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Revenue Cap Calculation

Actual Actual Actual Simulation 2010-11 2011-12 2012-13 2013-2014 Base Revenue 12,348,707.00 12,531,964.00 11,907,000.00 12,099,850.00 Base Membership 1,340 1,331 1,323 1,337 Base/Member 9,215.45 9,415.45 9,000.00 9,050.00 Increase/Member 200.00 (415.45) 50.00 75.00 Maximum Base/Member 9,415.45 9,000.00 9,050.00 9,125.00 New Member Average 1,331 1,323 1,337 1,347 ESTIMATED enrollment Hold Harmless Exemption 0.00 0.00 0.00 Revenue Cap 12,531,964.00 11,907,000.00 12,099,850.00 12,291,375.00 Non-Recurring Referenda 1,600,000.00 0.00 0.00 0.00 Energy Efficiency Exemption 737,502.00 Transfer of Service 0.00 0.00 0.00 0.00 DPI Exemption Unused Last Year (75%) Declining Enrollment Exemption 84,739.00 72,000.00 0.00 0.00 NET REVENUE CAP 14,216,703.00 11,979,000.00 12,099,850.00 13,028,877.00 Increase from Previous Year (2,237,703.00) 120,850.00 929,027.00

$- $2,000,000 $4,000,000 $6,000,000 $8,000,000 $10,000,000 $12,000,000 $14,000,000 $16,000,000

2000-2001 Actual 2001-2002 Actual 2002-2003 Actual 2003-2004 Actual 2004-2005 Actual 2005-2006 Actual 2006-2007 Actual 2007-2008 Actual 2008-2009 Actual 2009-2010 Actual 2010-2011 Actual 2011-2012 Actual 2012-2013 Actual 2013-2014 Estimate

General State Aid vs. Local Tax Levy Revenue Limit Components

Local Tax Levy General State Aid Total Revenue

$0.06 $0.07 $0.48 $0.06 $0.21 $- $(0.00) $(0.00)

Mill Rate Increase Breakdown per $1,000

Student Count Increase of 10 $75/Member Increase Act 32 Reduction in State Aid Construction Debt Repayment Community Service Prior Year Chargeback Computer Aid

$- $500,000 $1,000,000 $1,500,000 $2,000,000 $2,500,000

Debt Repayment

$- $200,000,000 $400,000,000 $600,000,000 $800,000,000 $1,000,000,000 $1,200,000,000 $1,400,000,000 $1,600,000,000 $1,800,000,000

Property Valuation

$- $0.20 $0.40 $0.60 $0.80 $1.00 $1.20 $1.40 $1.60 2008-20092009-20102010-20112011-20122012-20132013-2014

Mill Rate Vs. Target – Per $1,000

Mill Rate Target

ACT 32 – ENERGY AND OPERATIONAL SAVINGS

• Act 28 was introduced by Governor Doyle in 2009 as an override to the tax levy for certain

energy efficiency initiatives that would be completed during the fiscal year.

• Governor Walker expanded the provision in 2011 to include projects that would reduce or

eliminate operating costs along with energy efficient initiatives. Bonds could also be sold to levy the costs over a period of up to 20 years. The legislation became Act 32

• Act 32 also called for Performance Contracts, guaranteeing both the project cost and future

energy and operational savings.

• Common uses have been technological upgrades, HVAC upgrades, roof systems, building

envelopes, lighting, and water conservation.

• RFQs were sent out to about a dozen Energy Service Companies. School Board members and

Administration interviewed the two responders and chose McKinstry.

• The Spooner Area School District Board of Education looked at many projects that were

recommended by McKinstry and after rejecting ones with a longer payback period decided on technological upgrades, including iPads, and building envelopes at the elementary and middle schools.

Spooner Area School District Act 32 Initiatives Board Motion

High School Building Envelope $ - Middle School Building Envelope $ 32,255.00 Elementary School Building Envelope $ 34,110.00 High School Controls and Commissioning $ - IT VDI and Wireless Upgrade $ 464,137.00 One-to-One Step One - 400 iPads $ 207,000.00 One-to-One Step Two - 300 iPads $ - IT Subtotal $ 671,137.00 Grand Total $ 737,502.00 Property Tax Effect per $100,000 $ 47.88 Actual 12/13 Mill Rate per $1,000 $ 8.54 Proposed Mill Rate (Based on 12/13) $ 9.02 CESA 11 Rank Before (Based on 12/13) of 39 37 CESA 11 Rank After (Based on 12/13) of 39 36

Highlights

• The $737,502 is a one-year Revenue

Limit override.

• iPads have been distributed, one-to-
• ne, in grades 3-4 and 7-8. Grades

K-2 will be assigned about 5 per classroom.

• A virtual desktop has been added

which will allow students to sign into their account from anywhere, with any device.

• We will also be able to replace

desktop computers with cheaper devices.

• The building envelop work has been

done at both the elementary and middle schools.

NEW PROGRAMS AT SASD

• 4-Year Old Kindergarten
• 41 Students Enrolled.
• Each 4K student counts as a 60% FTE; 41*.60= 25 FTE.
• The effect of the three-year rolling average: 25/3=8; 8 FTE on the Revenue Limit.
• Each FTE gives SASD $9,125 for 13-14; 8*$9,125=$73,000 in Revenue Limit.
• $40,000 budgeted for transportation.
• 41 Students @ $2,500 paid out to providers: $102,500.
• 4K will have an initial year loss of $69,500.
• 2014-2015 Revenues: $155,125; Expenses: $142,500; Profit: $12,625.
• 2015-2016 forward Revenues: $228,125; Expenses: $142,500; Profit: $85,625.

NEW PROGRAMS AT SASD

• SAVE Academy
• SASD pays the SAVE Academy 100% of the Open Enrollment rate for 13-14.
• 30 Students Enrolled.
• 10 Open Enrollments In: $6,485*10=$64,850
• 11 New Enrollees from our District boundaries: 11/3=4; 4*$9,125=$36,500
• 7 had been Open Enrollment Out: $6,485*7=$45,395
• 2 enrolled from Spooner Elementary: Revenue Neutral
• Total Additional Revenues: $146,745
• Payment to SAVE Academy: $194,550
• Net Loss for 2013-2014: $47,805
• 2014-2015 Revenues: $183,245; Expenses: $175,095; Profit: $8,150
• 2015-2016 and beyond Revenues: $219,745; Expenses: $155,640; Profit: $64,105

$- $200,000 $400,000 $600,000 $800,000 $1,000,000 $1,200,000 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 $101,558 $103,034 $104,495 $103,407 $106,135 $93,084 $92,601 $88,307 $273,937 $284,364 $282,347 $280,254 $277,494 $379,069 $434,546 $418,434 $275,285 $357,558 $373,828 $359,542 $419,736 $459,630 $478,748 $475,000 $100,000 $200,000

Grant History

21st Century SAGE Title IA Title IIA $$650,78 $650,780 $744,956 $760,670 $743,203 $803,365 $931,783 $1,105,895 $1,181,741

2012-2013 MILL RATE SURVEY

CESA #11 DISTRICTS SUMMARY

District Mill Rate History

2012-2012

2012-2013 2013-2014 Mill Rate 8.3872 8.5450 9.4125* Percentage Increase/Decrease 6.11% 1.88% 10.15%* *The above mill rate and % increase is based on a flat property value.

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District Mill Rate Variance District Mill Rate Variance CESA 11 Average 10.80 $226 $100,000 $100,000 1 Elmwood 15.85 $731 2 Pepin Area 14.63 $609 3 Barron Area 13.27 $473 4 New Richmond 12.65 $411 5 Boyceville Community 12.45 $391 6 Somerset 12.28 $374 7 Plum City 12.19 $365 8 Prairie Farm 12.02 $348 9 Saint Croix Central 11.91 $337 10 Spring Valley 11.61 $307 30 Durand 10.07 $153 31 Cameron 9.97 $143 32 Luck 9.82 $128 33 Rice Lake Area 9.73 $119 34 Hudson 9.52 $98 35 Glenwood City 9.40 $86 36 Colfax 8.78 $24 37 Spooner 8.54 $0 38 Birchwood 6.11

• $243

39 Webster 6.00

• $254

2012-2013 CESA 11 PER PUPIL REVENUE

School 12-13 Revenue District Per Pupil Difference 1 Pepin Area $ 13,525 $ 5,983,075 2 Elmwood $ 12,529 $ 4,651,423 3 Birchwood $ 10,573 $ 2,036,251 4 Shell Lake $ 9,972 $ 1,232,714 5 Plum City $ 9,827 $ 1,038,849 6 Unity $ 9,800 $ 1,002,750 7 Durand $ 9,768 $ 959,966 8 Somerset $ 9,750 $ 935,900 9 Siren $ 9,724 $ 901,138 10 Saint Croix Falls $ 9,701 $ 870,387 CESA 11 Average $ 9,535 $ 648,376 State Average $ 9,859 $ 1,081,633 School 12-13 Revenue District Per Pupil Difference 30 Clear Lake $ 9,059 $ 12,033 31 Prescott $ 9,057 $ 9,359 32 Elk Mound $ 9,053 $ 4,011 33 Baldwin-Woodville $ 9,050 $ - 34 Ellsworth $ 9,050 $ - 35 Spooner $ 9,050 $ - 36 Grantsburg $ 9,049 $ (1,337) 37 Frederic $ 9,048 $ (2,674) 38 Barron Area $ 9,000 $ (66,850) 39 Hudson $ 9,000 $ (66,850)

2013-2014 Per Pupil Revenue Vs. Neighboring Districts

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*Includes Data From Funds 10 (General), 21 (Trust Fund), 27 (Special Education), 38,39 (Debt Service), 50 (Food Service), 80 (Community Service) Inter-Fund, 7% Tax Levy, 71% Other Local, 2% Misc, 0% State General, 5% State Categorical, 6% Federal, 8% Inter-District, 2%

2013/14 Budgeted Revenues*

*Includes Data From Funds 10 (General), 21 (Trust Fund), 27 (Special Education), 38,39 (Debt Service), 50 (Food Service), 80 (Community Service)

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Salary, 37% Benefits, 19% Contracted Services, 16% Consumables, 5% Capital Objects, 4% Debt Retirement, 11% Inter-Fund, 6% Misc., 2%

2013/14 Budgeted Expenditures*

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NOTICE OF BUDGET HEARING Section 65.90(4) Spooner Area School District Notice is hereby given to the qualified electors of the Spooner Area School District that the Budget Hearing will be held in the High School Auditorium, City of Spooner, Washburn County, on the 23rd day of September 2013 at 7:00 p.m. The Summary of the Budget is printed below. Dated this 9th day of September 2013. Nathan Eichhorst, District Clerk Proposed Audited Audited Budget FUND 10-GENERAL FUND 2011-2012 2012-2013 2013-2014 Beginning Fund Balance $6,334,593.46 $6,428,752.50 $5,981,855.83 Ending Fund Balance $6,428,752.50 $5,981,855.83 $4,968,519.83 REVENUES & OTHER FINANCING SOURCES Local Sources (Source 200) $10,546,656.78 $10,932,234.67 $11,882,084.00 Inter-district Payments (Source 300+400) $86,264.00 $160,284.75 $256,739.00 Intermediate Sources (Source 500) $9,832.00 $9,600.83 $9,361.00 State Sources (Source 600) $2,039,090.35 $1,965,177.18 $1,710,806.00 Federal Sources (Source 700) $556,763.41 $880,420.50 $902,697.00 All Other Sources (Sources 800+900) $23,043.92 $25,873.42 $20,000.00 TOTAL REVENUES & OTHER FINANCING $13,261,650.46 $13,973,591.35 $14,781,687.00 EXPENDITURES Instruction (Function 100 000) $6,451,302.49 $6,591,220.45 $7,005,513.00 Support Services (Function 200 000) $4,980,458.35 $5,679,500.56 $6,317,273.00 Non-Program Transactions (Function 400 000) $1,735,730.58 $2,149,767.01 $2,472,237.00 TOTAL FUND 10 EXPENDITURES $13,167,491.42 $14,420,488.02 $15,795,023.00

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Proposed Audited Audited Budget 2011-2012 2012-2013 2013-2014 FUND 21 - GIFTS Beginning Fund Balance $8,417.56 $29,679.97 $10,302.77 Ending Fund Balance $29,679.97 $10,302.77 $10,302.77 REVENUES $21,300.00 $800.00 $20,000.00 EXPENDITURES $37.59 $20,177.20 $20,000.00 FUND 27 - SPECIAL EDUCATION Beginning Fund Balance $0.00 $0.00 $0.00 Ending Fund Balance $0.00 $0.00 $0.00 REVENUES $2,162,308.84 $2,250,576.80 $2,311,835.00 EXPENDITURES $2,162,308.84 $2,250,576.80 $2,311,835.00 Instruction (Function 100 000) $1,483,591.18 $1,504,779.06 $1,583,219.00 Support Service (Function 200 000) $567,734.36 $627,100.74 $594,163.00 Non-Program Transactions (Function 400 000) $110,983.30 $118,697.00 $134,453.00 FUND 38 - NON-REFERENDUM DEBT SERVICE Beginning Fund Balance $135,370.60 $176,147.73 $133,395.38 Ending Fund Balance $176,147.73 $133,395.38 $163,395.38 REVENUES $1,185,143.42 $94,316.84 $170,115.00 EXPENDITURES $1,144,366.29 $137,069.19 $140,115.00 FUND 39 - REFERENDUM APPROVED DEBT SERVICE Beginning Fund Balance $1,299,810.67 $2,202,481.17 $2,048,422.84 Ending Fund Balance $2,202,481.17 $2,048,422.84 $2,090,672.84 REVENUES $2,896,014.26 $2,016,535.43 $2,333,969.00 EXPENDITURES $1,993,343.76 $2,170,593.76 $2,291,719.00

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Proposed Audited Audited Budget 2011-2012 2012-2013 2013-2014 FUND 49 - CAPITAL PROJECTS Beginning Fund Balance $51,492.17 $32,339.30 $6,334.49 Ending Fund Balance $32,339.30 $6,334.49 $20.49 REVENUES $10.07 $859.43 $20.00 EXPENDITURES $19,162.94 $26,864.24 $6,334.00 FUND 50 - FOOD SERVICE Beginning Fund Balance $105,013.86 $117,608.23 $110,567.82 Ending Fund Balance $117,608.23 $110,567.82 $91,122.82 REVENUES $617,455.08 $613,516.07 $617,800.00 EXPENDITURES $604,860.71 $620,556.48 $637,245.00 FUND 60 - AGENCY Assets $72,277.96 $66,895.08 $66,895.08 Liabilities $72,277.96 $66,895.08 $66,895.08 REVENUES $232,281.35 $216,194.12 $225,000.00 EXPENDITURES $220,039.96 $223,212.69 $225,000.00 FUND 72 - PRIVATE BENEFIT TRUST FUND Beginning Fund Balance $89,621.02 $99,108.63 $97,516.22 Ending Fund Balance $99,108.63 $97,516.22 $97,516.22 REVENUES $37,195.61 $33,636.59 $30,000.00 EXPENDITURES $27,708.00 $35,229.00 $30,000.00 FUND 73 - EMPLOYEE BENEFIT TRUST FUND Beginning Fund Balance $115,073.61 $162,398.49 $293,369.69 Ending Fund Balance $162,398.49 $293,369.69 $294,119.69 REVENUES $975,599.79 $1,060,799.00 $932,636.00 EXPENDITURES $928,274.91 $929,827.80 $931,886.00

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Proposed Audited Audited Budget 2011-2012 2012-2013 2013-2014 FUND 80 - COMMUNITY SERVICE FUND Beginning Fund Balance $90,305.81 $200,067.01 $162,269.64 Ending Fund Balance $200,067.01 $162,269.64 $89,975.64 REVENUES $361,733.64 $233,086.61 $233,739.00 EXPENDITURES $251,972.44 $270,883.98 $306,033.00 ALL FUNDS - TOTAL EXPENDITURES $20,519,566.86 $21,105,479.16 $22,695,190.00 Less: Inter-fund Transfers $0.00 $0.00 Less: Special Education Transfers $1,110,543.71 $1,316,683.16 $1,363,622.00 Less: Refinancing Expenditures (Fund 30) $0.00 $0.00 Net Total Expenditures $19,409,023.15 $19,788,796.00 $21,331,568.00 Percentage Increase/Decrease from previous year 3.9919% 1.9567% 7.7962% ACTUAL ACTUAL PROPOSED TAX LEVY - ALL FUNDS 2011-2012 2012-2013 2013-2014 Fund 10 - General Fund $10,438,730.00 $10,870,398.00 $11,812,204.00 Fund 38 - Non-Referendum Debt Service Fund $148,115.00 $93,729.00 $169,615.00 Fund 39 - Referendum Approved Debt Service Fund $2,883,719.00 $2,007,469.00 $2,325,969.00 Fund 80 - Community Service Fund $295,000.00 $190,239.00 $190,239.00 TOTAL SCHOOL LEVY $13,765,564.00 $13,161,835.00 $14,498,027.00 Percentage Increase - Total Levy from Prior Year 2.4200%

• 4.3858%

10.1520% *MILL RATE 8.3872 8.5450 9.4125 Percentage Increase/Decrease from Prior Year

• 0.22%

1.88% 10.15% *The 2013-14 mill rate is based on a 0% increase/decrease from the 2012-2013 property value. The actual Equalized Valuations will be available October 1, 2013 from the Wisconsin Department of Revenue.

SPOONER AREA SCHOOL DISTRICT 2013-2014 BUDGET

Other Information Included in this Report History of Equalized Values Number of Employees in the District Transportation Information Hot Lunch Facts Debt Service Information CESA Cooperative Services Purchased Auditor’s Statement