Stafford County Public Schools Finance & Budget Committee (FABC) FY 2016 Funding Request Presentation to the School Board for Approval February 24, 2015 Chair: Dewayne McOsker – George Washington District Member: Scott Hirons – Falmouth District Member: Holly Hazard – Hartwood District
Briefing Agenda Schools at a Glance Budget Goals Superintendent’s Funding Request FABC’s Proposed Funding Request Recent Budget Activity Strategic Budget Look Poll the School Board SCPS Finance and Budget Committee - FABC
Stafford Schools at a Glance 27,462 Students All Schools Accredited 3,700 Employees 91% On-Time Graduation 31 Schools challenges Output Free and Reduced: 27% Average SAT Score: 1523 Special Education: 10% Met or Exceeded the State in 32 of 34 VA SOL English Learners: 6% tests. Question: Is this the best we can do? Expertise, Caring, Funding, Drive SCPS Finance and Budget Committee - FABC Note: Last Year’s Data = FY13 -14
Budget Goals of School Board Align curriculum and program support to ensure students graduate and are career ready; Begin aligning our compensation and benefits with our adopted comparison divisions; Improve recruitment and retention of staff through a comprehensive total rewards perspective to include workplace climate, performance recognition, and support for professional development; Strengthen capital improvement planning, including support for cash-funded capital projects; Provide support for cyclic replacements in transportation, textbooks, technology, facilities and operations and maintenance; Revise, adopt and support staffing goals; and, Enhance division capability to access, manage, and analyze financial and program information. Comparison or Benchmarked School Divisions Albemarle, Chesapeake, Chesterfield, Fauquier, Hanover, Henrico, Loudon, Prince William, Spotsylvania. SCPS Finance and Budget Committee - FABC
Superintendent’s Funding Request FY2016 Superintendent’s Request = $265,412,823 Million. $9.17M increase in funding over FY 2015. BUDGET� ITEM TOTAL� COST EXPENDITURES: MEDIAN� SCALE� ENHANCEMENT $� � � � � � � � � � � � � � � 2,216,000 1%� COLA � � � � � � � � � � � � � � � � � 2,000,000 1%� VRS � � � � � � � � � � � � � � � � � 1,595,194 HEALTH� INSURANCE � � � � � � � � � � � � � � � � � 1,782,000 PROFESSIONAL� DEVELOPMENT � � � � � � � � � � � � � � � � � � � � 300,000 TECHNOLOGY� CYCLIC� REPLACEMENTS � � � � � � � � � � � � � � � � � � � � 750,000 O� &� M� INFRASTRUCTURE� PROJECTS � � � � � � � � � � � � � � � � � � � � 750,000 BUS� REPLACEMENTS� (W/� $45K� ACCESSORIES) � � � � � � � � � � � � � � � � � 1,045,000 NEW� FINANCIAL� &� HR/PAYROLL� ERP� SYSTEM � � � � � � � � � � � � � � � � � � � � 370,000 NEW� POSITIONS� -� GROWTH� &� SPECIAL� ED. � � � � � � � � � � � � � � � � � � � � 819,000 OPERATING� COSTS� -� CONTRACTS,� ETC. � � � � � � � � � � � � � � � � � � � � 518,000 CONTINGENCY� RESERVE � � � � � � � � � � � � � � � � � � � � 500,000 TOTAL� INCREASE� FROM� FY� 2015 $� � � � � � � � � � � � � 12,645,194 LESS:� EXPENDITURE� SAVINGS � � � � � � � � � � � � � � � � (3,475,000) NET� INCREASE� FROM� FY� 2015 $� � � � � � � � � � � � � � 9,170,194 � SCPS Finance and Budget Committee - FABC
FABC’s Recommended Funding Request FABC Recommends $1.1 BUDGET ITEM TOTAL COST Million for Salary scale EXPENDITURES: enhancement & target MEDIAN SCALE ENHANCEMENT $ 1,100,000 “median’ of the market. 1.5% COLA 2,000,000 1% VRS 1,595,194 HEALTH INSURANCE 1,782,000 PROFESSIONAL DEVELOPMENT 300,000 1.5% COLA possible with TECHNOLOGY CYCLIC REPLACEMENTS 750,000 state employee salary O & M INFRASTRUCTURE PROJECTS 750,000 increase. BUS REPLACEMENTS (W/ $45K ACCESSORIES) 1,045,000 NEW FINANCIAL & HR/PAYROLL ERP SYSTEM 370,000 Requesting $8.3M more than FY 2015. FY14 CLASS SIZE REDUCTION (4) 250,000 NEW POSITIONS - GROWTH & SPECIAL ED. 819,000 OPERATING COSTS - CONTRACTS, ETC. 518,000 Requesting $6.1M in Local Funding. CONTINGENCY RESERVE 500,000 TOTAL INCREASE FROM FY 2015 $ 11,779,194 Meets SB Goals for FY 2016. LESS: EXPENDITURE SAVINGS (3,475,000) NET INCREASE FROM FY 2015 $ 8,304,194 REVENUES: Moves Division Forward. SALES TAX RECEIPTS $ (806,178) STATE FUNDS - BASIC AID & OTHER (405,822) FEDERAL FUNDS 189,806 PRIOR YEAR CARRYFORWARD FUNDS (1,150,000) Total County or OTHER FUNDS 502,000 CONTINGENCY RESERVE (500,000) “Local” request is NET INCREASE FROM FY 2015 $ (2,170,194) NET EXPENDITURES OVER REVENUES: $6.1 Million More. TOTAL COUNTY FUNDING REQUEST FOR FY 2016 $ 6,134,000 *This does not include $1.9M in Debt Service
Recent Activity – “Budget Outlook” General Assembly budget activity appears to be including a 1.5% salary increase for state employees – affects SOQ teachers (about 60% of our Staff). SCPS will have to “add” to ensure all employees get the 1.5% Salary increase. Refinement of health care cost projection.s 4 Teacher positions added to reduce high class sizes this year needs funding in FY2016. Briefing by BoS on February 21, 2015 indicated $1.7M increase in Revenue for entire county in FY 2016. March 3, County Administrator will propose his county budget. SCPS Finance and Budget Committee - FABC
Strategic Budgeting – 4-Year Plan FABC highly recommends a strategic look for our school operating budget. • • Each year, the FABC and Staff will present a strategic 4-year look at our school budget. Here is a DRAFT example of “ Recurring ” Obligations in the out -years: Future Years FY17 FY18 FY19 FY20 School Board Priorities Compensation Scale Enahnacement $ 1,100,000 $ 1,100,000 $ 500,000 $ - Reduce Class Size $ 500,000 $ 500,000 $ 250,000 $ 250,000 Growth (General/Special) $ 500,000 $ 500,000 $ 500,000 $ 500,000 Professional Development $ 250,000 $ 50,000 $ 50,000 $ 50,000 HR & Fin ERP $370,000 $370,000 $370,000 $370,000 Cyclical Replacement Technology $ 250,000 $ 250,000 $ 150,000 $ 100,000 Bus Replacement $ 200,000 $ 200,000 $ 200,000 $ 100,000 O&M Infrastructure $ 50,000 $ 50,000 $ 50,000 $ 50,000 Contincency Reserve $ 100,000 $ 100,000 $ 50,000 $ 25,000 HealthCare $ 120,000 $ 140,000 $ 160,000 $ 180,000 State Mandates* $ 1,000,000 $ - $ - $ - Total Additonal Funding Request $4,440,000 $3,260,000 $2,280,000 $1,625,000 This strategic look will not only focus the SB, but also the BoS, on upcoming financial needs, requirements, resources and obligations of SCPS. SCPS Finance and Budget Committee - FABC
Request Poll of the Board 1. Agree on our market based model to make SCPS more competitive among comparison divisions. FABC recommends adoption to target median of market with $1.1 million injection. 2. Agree on FABC’s recommended funding request. 3. Agree on date to brief BoS on our request. March 3, County Administrator Presents his budget to BoS. March 10, School Board Meeting. March 24, School Board Meeting. April 1, Deadline for FY 2016 SB Budgets (Final) to BoS. SCPS Finance and Budget Committee - FABC
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