Two Accounts

• Operations

Personnel Costs

Utilities

Building costs and upkeep

Back office costs

Supplies

Staff development

• Internal

VIP activities

Athletic fees

After care

Misc. revenue

Class money2

Operating Budget Revenues 10/11

• $10,317,932 - Total State Budget: $7,609 per pupil

• $445,000 Other Revenue: Parent Panther Fund, transfer to operations to handle transportation, technology, etc..

• $304,223 – Federal Program: Restricted budget all but $17,000 used to pay for programs and services for our students including salary, compliance, services, and programs

3

Factors effecting budget

• Amount of state budget depends on two factors: enrollment and attendance

• Our current budget assumes an average enrollment of 1,347 and average attendance of 97%

• Federal money and some state money are dependent of types of students

• Budget assumes $325,000 from Panther Parent Fund

• Most internal finance money is designated for restricted uses

4

Operating Costs

• $6,968,804 – Salaries, benefits, stipends, value add

Stipends for extra duty – clubs, coaching, leadership

Value Add – $298,000 this year from PPF

• $1,129,690 – Debt Service for building

• $849,772 – CMO Expense

Payroll, IT, accounts payable, training, support

$627 per student

• $579,739 – Required reserve

• $294,000 – Utilities

• $259,616 – Contracted Services – Testing, Speech, PD etc…

5

Operating Costs Continued

• $203,660 – Maintenance and Repair

Night cleaning contract, grounds

Electric, HVAC, Plumbing, etc…

• $182,048 – General Supplies (Paper, consumables, books)

• $110,810 – Insurance – Property, liability, etc…

• $100,800 – Staff development

$25,000 from PPF

IB and AP travel biggest expense

• $91,600 – Technology

Most costs in software subscriptions like Power School, E-Mail hosting, AR/AM, etc…

6

Operating Costs Continued

• $73,000 – Telecommunications

• $59,516 – Other operating costs

IB dues, memberships, new programs

• $37,132 – Supplies for building – Paper towels, cleaning products, soap, etc…

• $34,200 – Student transportation, does not include VIP funding

• Everything else – Legal fees, audit, postage, library, textbooks for IB, copier, rentals, curriculum, etc…

7

Internal Finance

• Most money goes to VIP, teachers, classes, athletics, and student expenses not covered in operations budget (field trips)

• Fines, rebates, incentives go through school administration and are used for student support, extras, unique opportunities

• Salary does not run through internal finance with a few exceptions (camps, officials, special events)

• Separate accountant, Uplift oversight

8

How do we compare to private schools?

• Westwood – $10,370 – $15,995 K – 9 to 12

• Hockaday – $18,945 – $23,330 K – 12

• Greenhill – $18,250 – $22,450 K to 4 – 9 to 12

• Jesuit – 13,200 – 9 to 12

9

10*Source from 2008-9 Academic Excellence Indicator System – North Hills Reports January 2010

North Hills PreparatoryPerformance Benchmarking- Expenditures per Student

North Hill’s model is achieving significant educational results despite having an average of 40% less dollars to spend on a per student basis than found in surrounding districts

$6,594

$9,466 $9,489

$11,221 $11,233 $11,375$11,722

$12,542 $12,551

$4,000

$6,000

$8,000

$10,000

$12,000

$14,000

North Hills Irving Highland Park

Plano Dallas Coppell Lewisville Carrollton Grapevine

Expenditures Per Student Across Various Districts*

Issues/Concerns

• Funding equity

• Upcoming state budget

• Training costs

• Keeping the personnel we have

11

North Hills Preparatory Overview- Mission Statement

“To provide an education that empowers students to reach their highest potential and inspires the love of learning.”

We will achieve this Mission by:

Providing a preparatory curriculum of the highest standards that encourages children to raise the level of expectations that they place upon themselves and motivates them to become successful leaders.

Creating a diverse community that embraces the ideals of responsible citizenship in an environment of respect for our world and its people.

Creating traditions and symbols that continually illustrate and reinforce our goals among all members of our community.

Our Core Values are: Rigor Real Time Relationship Responsibility Relevance Reflection Results

12