BUDGET TOWN HALL · 15-16 $500,000 $500,000 Transportation (road closures) and Vo-Tech Tuition...
Transcript of BUDGET TOWN HALL · 15-16 $500,000 $500,000 Transportation (road closures) and Vo-Tech Tuition...
FEBRUARY 20, 2020
BUDGET TOWN HALL
Tonight’s Objectives
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The School Board and the Administration desire to engage and inform the
community on all aspects of the District, and specifically tonight with respect to
the revenue portions of the 2020-2021 Budget.
We would like to gather information and ideas from our stakeholders, which we
will incorporate into our discussions on the 2020-2021 Budget.
It is important for the Board and the Administration to know what our community
values and what they do not.
The presentation this evening will also highlight several of the initiatives and
programs being considered for the coming year.
BUDGET CONSTRAINTS FOR 2020 - 2021
More than 85% of the budget is predetermined – contractual salary & benefits,
transportation and debt service
Unfunded State mandates – 10 mile transportation for charter and private/parochial
schools, charter school funding formula and underfunding of IDEA of approximately
75.7%
Tax Appeals
Continued District growth
Charter School cost escalation
Communities resources – lack of industry and those on fixed income
Library support
Minimal increases in state funding ($50,000 increase)
Basic Education Formula under funded by about 2.5 million
Budgetary Reserve Usage History
Year
Budgetary
Reserve
Amt. of Budgetary
Reserve Used Reason
19-20 $343,000 $0 None needed
18-19 $400,000 $400,000 Positions filled after budget passed due to increased enrollment
17-18 $300,000 $300,000 Transportation (additional runs)
16-17 $500,000 $500,000 Positions filled after budget passed due to increased enrollment
15-16 $500,000 $500,000 Transportation (road closures) and Vo-Tech Tuition
14-15 $500,000 $500,000 Transportation (bridge), Resurfacing of parking lots and Tax Refunds
13-14 $500,000 $500,000 Contract Settlement, Tuition, Road Salt, Special Ed aides
12-13 $500,000 $500,000 Transportation (additional runs)
11-12 $500,000 $500,000 Teachers & Aides (enrollment), Fuel, Emotional Support,
Transportation
BUDGET RESERVES – MOODY’S REVIEW OF PASD
© 2015 – Phoenixville Area School District – DO NOT DISTRIBUTE OUTSIDE OF PASD
Moody’s Credit Opinion from December 20, 2019:
Rating outlookThe negative outlook on the underlying rating reflects our view that the district will be
challenged to return to structurally balanced operations and rebuild reserves following
several years of draws.
Factors that could lead to an upgrade/removal of negative outlook» Return to structurally balanced operations and positive operating variances resulting in
material increases in reserves
» Continued healthy increases in the tax base
» Decrease in the debt burden
Factors that could lead to a downgrade» Failure to return to structurally balanced operations resulting in further draws on reserves
Projected 2020-2021 Revenues
At a Glance…
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Actual
2018-2019
Budget
2019-2020
% Change
2018-2019 to
2019-2020
Original
2020-2021
Updated
2020-2021
% Change
2019-2020 to
2020-2021Local Revenue
Property Taxes $58,971,352 $61,198,186 3.78% $63,705,237 $63,705,237 4.10%
Earned Income Tax $6,874,277 $7,300,000 6.19% $7,300,000 $7,400,000 1.37%
Delinquent Taxes $2,912,282 $2,200,000 -24.46% $2,300,000 $2,300,000 4.55%
Occupation Tax $1,425,383 $1,575,000 10.50% $1,500,000 $1,575,000 0.00%
Transfer Taxes $1,295,498 $1,200,000 -7.37% $1,200,000 $1,300,000 8.33%
Interest Income $739,598 $500,000 -32.40% $750,000 $800,000 60.00%
IDEA Revenue $520,944 $540,000 3.66% $540,000 $550,000 1.85%
Misc. Revenue $225,080 $313,291 39.19% $350,000 $350,000 11.72%
Interim Taxes $505,266 $275,000 -45.57% $275,000 $300,000 9.09%
PCEF Contributions $207,500 $225,000 8.43% $225,000 $225,000 0.00%
School Rentals $157,432 $187,000 18.78% $175,000 $190,000 1.60%
Per/Person/Per Capita $127,568 $148,000 16.02% $151,000 $160,000 8.11%
Public Utility Tax $65,000 $70,000 7.69% $65,000 $67,500 -3.57%
Other District Revenue $59,253 $107,000 80.58% $50,000 $60,000 -43.93%
Tuition $14,568 $75,000 414.83% $50,000 $50,000 -33.33%
Total Local Revenue $74,101,001 $75,913,477 2.45% $78,636,237 $79,032,737 4.11%
Projected 2020-2021 Revenue, Cont’d
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Actual
2018-2019
Budget
2019-2020
% Change
2018-2019 to
2019-2020
Original
2020-2021
Updated
2020-2021
% Change
2019-2020 to
2020-2021
State Revenue
Basic Ed Subsidy $4,879,718 $5,213,312 6.84% $5,225,000 $5,143,391 -1.34%
Special Education $1,740,725 $1,750,000 0.53% $1,850,000 $1,653,804 -5.50%
PSERS $6,057,369 $6,275,000 3.59% $6,275,000 $6,643,175 5.87%
Social Security $1,317,210 $1,400,000 6.29% $1,400,000 $1,472,625 5.19%
Transportation $1,381,744 $1,350,000 -2.30% $1,400,000 $1,450,000 7.41%
Property Tax Relief $1,329,119 $1,381,316 3.93% $1,381,316 $1,400,000 1.35%
Other State Revenue $726,846 $470,000 -35.34% $518,700 $650,000 38.30%
Total State Revenue $17,432,731 $17,839,628 2.33% $18,050,016 $18,412,995 3.21%
Federal Revenue $920,791 $760,000 -17.46% $760,000 $800,000 5.26%
Total Revenue $92,454,523 $94,513,105 2.23% $97,446,253 $98,245,732 3.95%
Usage of PSERS reserve $0 $343,000 $0 $0
Revenue Highlights
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Phoenixville Hospital’s request for tax-exempt status would impact the District’s real
estate revenues negatively by approximately $1,000,000. This budget includes the full
amount of the hospital’s obligation.
The assessed value in the District continues to reflect positive growth (1.5% last year and
2.8% over the last two years). Phoenixville Area School District’s assessment growth is
the second highest in the County this year.
Unfortunately reassessment appeals continue to impact our assessed value.
Revenue Highlights
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Local revenues reflect an overall increase of 4.11% due to increases in real estate taxes,
earned income taxes and investment income.
State revenues reflect a 3.21% increase. Additional clarity occurred when the Governor
released the State budget earlier this month. Special education $2,500/student actual
cost is $33,000/student
There is a modest increase reflected in federal revenues.
48,588,174 49,851,378 51,757,852 52,783,908 54,003,313 54,640,740 55,142,744 56,039,403 57,104,905
58,971,352 61,198,186
63,705,237
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Real Estate Tax RevenueBudgeted amount
Proposed amount
-4.33%
14.91%
9.91%3.86%
5.56% -196%5.73%
2.96%3.19%
6.19% 1.37%
-
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Earned Income TaxesBudgeted amount
Proposed amount
2,409,433 2,272,544
2,825,402
2,199,784 2,106,885
2,207,966 2,227,343 2,164,768 2,016,954
2,912,284
2,200,000 2,300,000
-
500,000
1,000,000
1,500,000
2,000,000
2,500,000
3,000,000
3,500,000
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Delinquent TaxesBudgeted amount
Proposed amount
1,226,517 1,184,291
1,134,128 1,134,641
1,121,674
1,028,947
1,308,341 1,317,000
1,403,654 1,425,383
1,575,000 1,575,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Occupation TaxBudgeted amount
Proposed amount
761,221 706,170 740,241
1,025,157
1,153,748
797,706
1,009,859 1,035,449
1,528,559
1,295,499
1,200,000
1,300,000
-
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
1,800,000
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Real Estate Transfer TaxBudgeted amount
Proposed amount
178,309
81,356 64,244 53,963 37,458 48,935 53,343
149,135
278,394
739,598
500,000
800,000
-
100,000
200,000
300,000
400,000
500,000
600,000
700,000
800,000
900,000
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Interest IncomeBudgeted amount
Proposed amount
619,233
910,143
217,962
275,608 253,676 258,968
196,456 162,532
230,052
504,087
275,000 300,000
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Interim Real Estate TaxesBudgeted amount
Proposed amount
180,377 178,410
135,218 141,886 138,742
123,210 131,308
124,730 124,009 128,748
148,000
160,000
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Per Person and Per CapitaBudgeted amount
Proposed amount
75,429 77,905
86,774
71,516 70,000 74,690
63,824 66,692
62,755 63,705
70,000 67,500
-
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
100,000
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21
Public Utility TaxesBudgeted amount
Proposed amount
2020-2021 Budget Meetings & Topics
February 20, 2020…….. Town Hall
March 9, 2020…………... 3rd Budget Meeting – Review of Expenditures
April 13, 2020…………… 4th Budget Meeting – Review of Staffing & Benefits
May 4, 2020……………… 5th Budget Meeting – Final Budget Review
May 18, 2020.…………… Planned Adoption of 2020-2021 Final Budget
June 30, 2020…………… Budget must be adopted
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PASD STRATEGIC PLAN
PROMOTE
EMPLOYEE
GROWTH AND
EFFECTIVENESS
ALLOCATE
RESOURCES TO
FOSTEREXCELLENCE
FOR ALL
STUDENTS
PROVIDE
HIGH QUALITY
INSTRUCTION
ENCOURAGE
EFFECTIVE,
CONSISTENT
COMMUNICATION
AND
COLLABORATION
IMPLEMENT A
CONSISTENT
REFLECTIVE
USE OF DATA
TO DRIVE
CHANGE
ALLOCATE
RESOURCES TO
FOSTEREXCELLENCE
FOR ALL
STUDENTS
• Enrollment Growth
• Early Intervention Students
• English Language learning students
• Elementary Level
• Districtwide – Hares Hill
• Multiple Disabilities Classroom at MS
• Life Skills House
• Disproportionality
• Career Pathways
STRATEGIC PLAN GOAL # 1
• 2 Additional Instructional Coaches
• Develop Capacity of Future Leaders
• Succession Planning
• High Potential Leaders
• Professional Development—Broaden scope of PLC’s (Professional Learning Communities)
STRATEGIC PLAN GOAL # 2
PROMOTE
EMPLOYEE
GROWTH AND
EFFECTIVENESS
• STEM Grades 6 – 12
• Math Grades 6 – 8 (Targeted Support Improvement)
• Mathematics, Social Studies and AP Resources – delayed from last year
• Blended Online Courses 9 – 12
STRATEGIC PLAN GOAL # 3
PROVIDE
HIGH QUALITY
INSTRUCTION
• Cursive Writing – Elementary
• Exploring New Technologies
• World Language
• Additional Strings Instructor
• Expand Dance Offerings
STRATEGIC PLAN GOAL # 3, cont.
PROVIDE
HIGH QUALITY
INSTRUCTION
STRATEGIC PLAN GOAL # 4
ENCOURAGE
EFFECTIVE,
CONSISTENT
COMMUNICATION
AND
COLLABORATION
• Implementation of New Website
• Addition of Closed Captioning to
Website
• Explore additional media to keep
community informed
STRATEGIC PLAN GOAL # 5
IMPLEMENT A
CONSISTENT
REFLECTIVE USE
OF DATA TO
DRIVE CHANGE
• Data Dashboard for Website
• Instructional Data Dashboard
OTHER AREAS FOR BUDGET CONSIDERATION
IMPLEMENT A
CONSISTENT
REFLECTIVE USE
OF DATA TO
DRIVE CHANGE
• Addressing growth – Hares Hill property
• Business Office stability
• Continual monitoring of all expenditures
• Continued alignment with strategic plan
• Grants
• Improving Transportation services and efficiencies
• Increasing our Reserves
• Reducing Charter School costs
• Utilizing existing community resources
• Working collaboratively with Booster Clubs
TABLE TALK TIME
DISCUSSION
WHAT IS IMPORTANT TO YOU?• Each person to make an individual list of 3 to 4 items (prioritize, if you can)
• Share with table
• List ideas on chart paper
TABLE REPORT OUTS
2020-2021 Budget Meetings & Topics
February 20, 2020…….. Town Hall
March 9, 2020…………... 3rd Budget Meeting – Review of Expenditures
April 13, 2020…………… 4th Budget Meeting – Review of Staffing & Benefits
May 4, 2020……………… 5th Budget Meeting – Final Budget Review
May 18, 2020.…………… Planned Adoption of 2020-2021 Final Budget
June 30, 2020…………… Budget must be adopted
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