March 4, 2013 Norwich FY14 Proposed Budget Slide 1
Norwich School District
Proposed Budget
For the
2013-14 School Year
March 4, 2013 Norwich FY14 Proposed Budget Slide 2
Article 5:Long Term Borrowing
Replace roof top ventilation units $130,900
Replace Classroom Unit Ventilators $120,000
Replace Major Roof Section $175,000
Contingency $24,100
Total $450,000
March 4, 2013 Norwich FY14 Proposed Budget Slide 3
Article 5: Long Term Borrowing
10 Year Costs
Year 1 - $56,700Year 2 - $55,530Year 3 - $54,360Year 4 - $53,190Year 5 - $52,020
Year 6 - $50,850 Year 7 - $49,680Year 8 - $48,510Year 9 - $47,340Year 10 - $46,170
March 4, 2013 Norwich FY14 Proposed Budget Slide 4
Article 6:“Conditional Article”
Should long term borrowing article fail, will the voters raise and appropriate $85,000 to pay for:
One unit ventilator $10,000One rooftop ventilator $18,700Set aside funds for roof repair $55,000Contingency $1,300
March 4, 2013 Norwich FY14 Proposed Budget Slide 5
Norwich School District
Proposed Budget
For the
2013-14 School Year
March 4, 2013 Norwich FY14 Proposed Budget Slide 6
NORWICH SCHOOL DISTRICT
Tax Rates
Budgets
Enrollment State of Vermont
Property Valuations
March 4, 2013 Norwich FY14 Proposed Budget Slide 8
Components of Tax Rate Change(without Base Amount Change)
1.1 Cent, 1.24%, increase in Homestead Tax Rate with no change in the Base Amount; all articles, and Dresden Labor Contracts
March 4, 2013 Norwich FY14 Proposed Budget Slide 9
NORWICH SCHOOL DISTRICT
Taxes
• The Homestead tax rate is expected to increase 0.47% from $1.7530 to $1.7613
• For those eligible for tax rebate system, percentage estimated to increase 0.05 percentage points, from 3.31% to 3.36% of income.
• Non-residential tax rate estimated to decrease 3.06%, from $1.4791 to $1.4339
(Including all Norwich articles, excluding impact of Dresden labor contracts.)
March 4, 2013 Norwich FY14 Proposed Budget Slide 10
NORWICH SCHOOL DISTRICT
Taxes
• If the Base Amount increases to $9,151, as has been approved by the Vermont House, but not yet by the Senate, then the homestead tax rate will drop to:
• $1.6918 from current year’s $1.7530
• a 6.1 cent drop, or 3.49% drop
(Including all Norwich articles, including impact of Dresden labor contracts.)
March 4, 2013 Norwich FY14 Proposed Budget Slide 11
Marion Cross SchoolEnrollment History & Forecast
March 4, 2013 Norwich FY14 Proposed Budget Slide 12
Enrollment and Staffing
2010-11
Actual
2011-12
Actual
2012-13
Actual
2013-14
Budget
Enrollment 305 301 311 304
Teachers
Regular Classroom
17 18 19 18
Teachers
Special Subjects
7.0 6.8 7.0 7.0
All Other Staff 28.1 29.7 32.15 30.85
Total 52.1 54.5 58.15 55.85
Teacher Contract Negotiations
March 4, 2013 Norwich FY14 Proposed Budget Slide 13
• Board and Teachers have reached settlement for a contract for the next two years.
• 2.25% increase in salaries, including both base and step• Increase in health insurance premium co-pay from 14% to
15% and then 16%.• Reduce personal leave allowance per school year from
five days to four• Limit professional leave days at four per school year.• Clarifying language around bereavement leave, sick bank,
and enrichment grants.• Additional cost items are included in the proposed budget.
March 4, 2013 Norwich FY14 Proposed Budget Slide 14
Support Staff Contract Negotiations
In the fall of 2011 the Marion Cross Support Staff petitioned the Vermont Labor Board to form a bargaining unit. Following a vote, the petition was granted. After about a year of negotiations, the Board and the Support Staff are close to agreement on all issues. We are confident that a possible settlement can be accommodated within the proposed budget.
Marion Cross SchoolBudget Analysis
March 4, 2013 Norwich FY14 Proposed Budget Slide 15
2012-13 2013-14 Change %
Expense Budget
$4,902,189 $5,163,548 $261,359 +5.3%
Less Revenues $1,233,822 $1,315,294 $81,473 +6.6%
Net Expense $3,659,108 $3,848,254 $189,146 +5.2%
Significant Expenditure Changes($000’s)
Special Education In Total $172
SAU Assessment $15
Building Improvements ($52)
Debt Service $57
Transfer to Building Maint Reserve $25
Fuel Oil $17
All Other $27
Total Expense Change $261
March 4, 2013 Norwich FY14 Proposed Budget Slide 16
March 4, 2013 Norwich FY14 Proposed Budget Slide 18
Tax Rate Calculation 1(including all articles and Dresden Labor Contracts)
Item Actual
2012-13
Estimated
2013-14
Change % Change
1 Marion Cross School $4,902,189 $5,163,548 261,359 5.33%
1a Deficit Reduction Article 25,000 0 25,000 n/a
2 plus Dresden Assmt 6,445,721 6,553,170 107,449 1.67%
3 less Revs & Fund Bal 1,233,822 1,315,294 81,473 6.60%
4 = Ed Spending 10,139,088 10,401,424 262,335 2.59%
5 divide by Equalized Pupils 632.50 633.24 0.74 0.12%
6 equals Ed Spend per Eq Pupil 16,030 16,426 $396 2.47%
6a less Debt per Pupil 1,384 1,422
7 equals Ed Spending for Purpose of Excess Spending Calc
14,646 14,994
8 less Exc Spending Threshold 14,841 15,456 615 4.14%
9 equals above (below) Threshold (195) (587)
March 4, 2013 Norwich FY14 Proposed Budget Slide 19
Tax Rate Calculation 2(including all articles and Dresden Labor Contracts)
Item Actual
2012-13
Estimated
2013-14
Change % Change
10 Ed Spending per Pupil 16,030 16,426 $396 2.47%
11 divide by Base Amount $8,723 $8,723 $0 0.00%
12 equals District Spending Adjust
183.769% 188.303% 4.534% 2.47%
13 times Statewide Ed Tax Rate $0.89 $0.94 $0.05 5.62%
13a equals Equalized Homestead Tax
$1.6355 $1.7748 $0.1345 8.22%
14 divide by CLA 93.30% 99.73% 6.4% 6.89%
15 equals Est’d Nominal Tax Rate 1.7530 1.7748 $0.0218 1.24%
16 Income Percentage 3.31% 3.39% 0.08% 2.42%
19 Nominal Non-Resid Rate $1.4791 $1.4439 ($0.0352) (2.38%)
March 4, 2013 Norwich FY14 Proposed Budget Slide 20
Per Pupil Cost Comparison--Elementary
2011-12 Per Pupil Cost
(Ranks 79th out of 212 elementary schools reported)
$11,523
Schools ranked immediately above and below $11,523:
Miller’s Run (Sheffield, Vt) $11,581
Manchester $11,491(Source: Vt DOE Allowable Tuition Report for the 2011-12 School Year)
NECAP(2011 Year Data)
March 4, 2013 Norwich FY14 Proposed Budget Slide 21
Marion Cross
State of Vermont
Reading 90% 74%
Math 90% 65%
Writing 84% 46%
Science 80% 53%
March 4, 2013 Norwich FY14 Proposed Budget Slide 22
Addition of French at Grade 3
Possible Sharing of Special Ed Therapy Time across SAU Districts
Possible Sharing of New England Child Center In-District Program with other SAU Districts rather than out-of-district placements
Program Innovations
Final thoughts:
• Budget increase is due almost entirely to special education expenses, which are almost entirely reimbursed by the state.
• Marion Cross is an attractive choice for families as evidenced by our rising enrollment.
• Marion Cross continues to provide an excellent educational program, while its costs are low compared to other districts in the state.
March 4, 2013 Norwich FY14 Proposed Budget 23
March 4, 2013 Norwich FY14 Proposed Budget Slide 24
Components of Tax Rate Change(without Base Amount Change)
1.1 Cent, 1.24%, increase in Homestead Tax Rate with no change in the Base Amount; all articles, and Dresden Labor Contracts
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