Understanding the STARS 1026A
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Transcript of Understanding the STARS 1026A
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Understanding the STARS 1026A
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The STARS 1026A
For each step:Why are we doing it?Where do the numbers come from?What does it mean?
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The STARS 1026A
Sources for data outside of STARS:Prior Year F-196Prior Year 1191TRNPrior Year 1026A
All available on OSPI’s website(Student Transportation or SAFS)
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The STARS 1026A
2010-11 Direct Transportation Expenditures
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The STARS 1026A
Revenue Adjustments to Expenditures:To more accurately reflect to/from costs
7199: work for other districts
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The STARS 1026A
Revenue Adjustments to Expenditures:To more accurately reflect to/from costs
8199: work for other agencies
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The STARS 1026A
Revenue Adjustments to Expenditures:To more accurately reflect to/from costs
In Lieu of Depreciation: contracting capital costs
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The STARS 1026A
Revenue Adjustments to Expenditures:
Totaling and subtracting from Line 1 =“Corrected Transportation Expenditures”
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The STARS 1026A
Expenditure Adjustments
Why: To make salary and benefits adjustments included in the state operating budgetExpect this to change year to year
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The STARS 1026A
2010-11 Salary ExpendituresContracting districts use state average 58.4%
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The STARS 1026A
Salary Expenditures AdjustmentDecrease of 1.9% … from state budget
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The STARS 1026A
2010-11 Benefit ExpendituresContracting districts use state average 25.5%
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The STARS 1026A
Benefit Expenditures AdjustmentIncrease of 6.72% … from state budget
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The STARS 1026A
Corrected Expenditures (revenue adjustments) +Expenditure Adjustments (salary and benefits) =STARS Prior Year Expenditures (STARS PYE)
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The STARS 1026A
STARS PYEUsed in STARS:Determines final payment … the lesser of:
Prior Year Expenditures or Calculated Allocation
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The STARS 1026A
Moving to this year’s allocation calculation…
Starting with last year’s allocation
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The STARS 1026A
Adjust for wages and benefits(same as with expenditures)
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The STARS 1026A
… result is Adjusted Prior Year Allocation
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The STARS 1026A
Make the same adjustments to expendituresExcept this time … add indirects
Federal Rate is different for each district, and is recalculated each year
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The STARS 1026A
2011-12 Transition Minimum Allocation
Lesser of
or
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The STARS 1026A
Next step is determining the distribution of any additional funding (2011-12 = $2.2M)
Start with the allocation from STARS
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The STARS 1026A
The STARS 2011-12 Actual AllocationDoes NOT include
Expected future adjustments forNon-high districtsLow ridership districtsTransportation CoopsESDs
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The STARS 1026A
Subtract minimum transition allocation from the STARS allocation to determine The base point underfunding
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The STARS 1026A
Base Point UnderfundingHow much more (if any) you would get
IF STARS was fully funded
EXCEPT FORAny future adjustments in STARS
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The STARS 1026A
Multiply the base point underfunding by the additional allocation adjustment rate (2.02%)
Total Statewide Base Point Underfunding = $109MAdditional funding available = $2.2MAdjustment rate = 2.2/109 = 2.02%
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The STARS 1026A
Add the additional adjustment (if any)to the Transition Minimum Allocation
the result is the2011-12 Transportation Allocation
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The STARS 1026A
Additional Funding Distribution (< $1M)May or June 2012Funds from reductions in 2011-12 allocation
(state vs federal indirect rate)
Will include any corrections (Fall and Winter student counts, etc.)
Will not include adjustment for Spring counts
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Questions?
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THANK YOU!