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2008-2009 Superintendent’s Budget

2008-2009 Superintendent’s Budget. Presentation for PPSD School Board March 24, 2008. Budget Drivers. Student Achievement

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2008-2009 Superintendent’s Budget

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  1. 2008-2009 Superintendent’s Budget Presentation for PPSD School Board March 24, 2008

  2. Budget Drivers • Student Achievement • Class size, curriculum development, professional development, classroom materials, extracurricular activities, smaller learning communities, common planning time, standards, and assessments • Enrollment Changes • Labor Contract Obligations • Salaries • Benefits • Class Size • Employee Retirement Contributions • State • Local • Service Contract Obligations • Transportation • Custodial and maintenance • Outside tuitions

  3. Key Information • Student Enrollment • 4% overall decrease in student enrollment -- Student population of 23,800 • Loss of Revenue • $1MM due to Medicaid rule changes • Facility Changes • None anticipated

  4. Unknowns • Final State Aid Allocation • Final City Appropriation • Final Federal Entitlements • Unsettled Labor Agreements • Final Health Insurance Cost

  5. Overview • The Superintendent’s 2008-09 proposed budget is $322,922,729. • An increase of $8,618,597, 2.74% • Includes a $9.7M budget gap • Includes no increase in State or City Aid • Does not include cost of living salary increases

  6. Historical Budget Changes

  7. Preliminary Budget FYEBudget Phase Supt. MayorFinal • $305,456,697 300,285,697 300,285,697 2007$315,908,043 311,795,696311,217,603 2008 $322,214,968 320,554,132 314,304,132 2009 $322,922,729 TBD TBD

  8. New Expenditures • Math Teachers for Graduation Requirement • Funding BEP Fine Arts Requirements. • New Career and Technical Staff • Renewal of Technology Site Licenses

  9. Increases(in millions) $% • Pension Fund Contributions $ 1.8 7.4 • Salaries .6 .4 • Medical Ins. (active & ret.) 3.6 13.5 • Special Ed.Tuitions .4 2.4 • Other Employee Benefits .2 1.6 • Utilities .5 7.4 • Debt Service .8 194.6 Total Increase $ 7.9

  10. Expenditures • Proposed Expenditures $322,922,729

  11. Expenditures Salaries $163,515,293 Benefits 86,108,244 Services 66,487,015 Supplies 6,313,924 Equipment 498,253 Projected Expenditures $322,922,729

  12. Revenue • Estimated Revenue $313,211,934

  13. Revenue(millions) • Unrestricted State Aid $189.4 • City Revenue 117.9 • Medicaid 3.8 • Other 2.1 Estimated Revenue $313.2

  14. Notes • Budget Gap must be eliminated prior to final School Board adoption. • 1% salary increase for all employees is $1.9MM • City appropriation is limited by (S3050A) Tax Relief Law.

  15. Expenditures Under Review • Staff • Out of District Tuitions • Transportation • Vendor Contracts • Health Care

  16. Challenges to a balanced budget • The rate of increase in the district’s fixed costs has been greater than the overall budget growth causing budget cuts in the area of school reform and improvement. • 98% of the PSD Budget is fixed Costs • PSD is limited in what can be eliminated from the budget due to legal requirements and contractual obligations (fixed costs). • City revenue growth is limited by S3050A The only budget driver that is not a fixed cost is Student Achievement.

  17. Next Steps • April Budget Workshops • April 21 Approved Budget to Mayor • May Budget submitted to Council • June Council Budget hearings • June-July Final State Aid • July Council Adopts City Budget • July-August School Board Approval • September ? Council approves ordinances

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