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Rules For Budget Hearing

Join the public hearing to learn about the budget plans of Hinds County School District. Sign up to make comments or ask budget-related questions. Media coverage is invited.

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Rules For Budget Hearing

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  1. Rules For Budget Hearing • The hearing is a forum to permit the public to be informed of the details of the spending plans of the Hinds County School District and is not a press conference. • The Media is invited to cover the meeting as it would any other public meeting. • Please take this opportunity to sign the comment list if you wish to make comments or ask questions. • Comments and questions will be restricted to budget related issues. • Speakers will be limited to three (3) minutes for making comments or asking questions This presentation and support handouts are intended to provide summary financial and general statistical data about the various funds of the Hinds County Public School District. These funds are supported by Mississippi Adequate Education Program (MAEP) funds, local Ad Valorem tax collections, federal grant funds and funds generated locally within the school district. 1

  2. Public Hearing on Proposed Budget Fiscal Year 2017-2018 HINDS COUNTY SCHOOL DISTRICT ENGAGING | Empowering | ensuring | excellence July 13, 2017

  3. Hinds County School District 3

  4. Hinds County School DistrictBoard of Trustees • Superintendent • Delesicia Martin, Ed. D. 4

  5. Mission | Vision | Goals Vision: HCSD is a collaborative environment where we explore the world, experience authentic learning, enhance our character, envision our dreams, pursue excellence and celebrate success. Mission: Providing an engaging and empowering environment that ensures excellence The Hinds County School District goals… • All students are Proficient and Show Growth in ALL Assessed Areas • Every student Graduates High School and is Ready for College and Career • Schools are Safe and Secure Environments • HCSD Actively Recruits, Retains, and Develops Highly Competent, Caring and Student-Focused Staff (teachers, administrators, and support staff) • Parents and Community Members will have a Positive Perception of the School District 5

  6. Impact of Hinds County School District The success of Hinds County School District … Serves approximately 47,450 citizens; Fosters higher property values; Directly employs approximately 750 people - Largest employer in rural county & 15th largest employer in Hinds County; Pays on average $2.5 M in monthly payroll; $1.8 M to vendors Provides education for Bolton, Edwards, Raymond, Terry, Byram, Utica and surrounding communities; 6

  7. Fiscal Year Budget • Section 37-61-9, Mississippi Code Annotated (1972), requires the school district, to prepare a budget of anticipated revenues and expenditures on or before August 15th for the coming fiscal year. • The district’s educational plan expressed in dollars and used to measure and monitor revenues and expenditures. • Annual budgets are essential for sound financial management. • The budget may change or may be amended as the instructional needs of our students change. • All information provided during this presentation is based on source information available at this time. 7

  8. Simplified Budget Development Process • Determine Board’s budget guiding principles • Use strategic plan to guide identification of budget priorities • Include other stakeholders in budgeting process • Identify inclusion/deduction recommendations • Determine Board & Superintendent’s action regarding recommendations • Present final proposed budget to Public • Board adopts budget 8

  9. Guiding Principles • Identify budget priorities for instruction, support activities, etc. • Maintain parity among all schools • Actively pursue cost cutting measures and identify budget reducing options • Build in appropriate budget safeguards • Be Conservative and Realistic! 9

  10. Enrollment (ADA vs ADM) Historic by School

  11. Enrollment (ADA vs ADM)Historic District

  12. Budget Highlights • Personnel • Annual Step and Scale increases for all certified staff (+$872,000) • Annual Step increases for support staff (+1.5-2%/$325,000) • Annual Step increases for Administrative Staff (+$212,000) • Instructional • Maintain our current academic and instructional programming ($400,000) 12

  13. Budget Highlights • Operations • 16TH Year of Contracted Transportation Services Contract; (2.5%) • Service agreements of provision of substitute teachers, food service staff (+1%) • Service agreements for provision of Custodial Services (2.5%) • Increase in Insurance by Type (+7.24%) • Property – (4.73%) • General Liability – (7.92%) • Auto – (14.35%) • ELL – (5.08%) • Workers Compensation – (13.38%) 13

  14. Proposed Budget Highlights • Capital Projects (estimate $6,100,000) • Phase 2 • Construct New Softball & Soccer Field House at Raymond High School • Construct New Public Toilets & Concessions Building at Raymond High School Softball Field • Phase 3 • Construct New Parking Lot area at Terry High School ball fields • Construct New Public Toilets & Concessions Building at Terry High School Softball Field • Construct New Football/Softball/Baseball/Soccer Field House at Terry High School • Phase 4 • Upgrade/establish practice soccer & football fields at RHS & THS 14

  15. Proposed Budget Highlights • Technology • Computers for Teachers (+498,000) • Replacement/Upgrade of Computer Hardware – (+$150,000) • Project Computer Access – (+$178,000) • Debt Service • Debt Service payments ($4,263,451) 15

  16. Allocations To Schools & Departments • Funds are allocated to schools based on a per student and /or per teacher basis. • Principal & Directors is responsible for managing their individual school budget (site based management). • Funds may be transferred between certain accounts to accommodate needs. 16

  17. Allocations To Schools 17

  18. Budget Projection Summary Combined budget of all funds • Notes: • Fund Balance at July 1, 20167 is an estimate until FY 2017 General Ledger is closed. • Fund Balance Used is a projection based on expected revenues and expenditures. 19

  19. Historic MAEP Allocations and Underfunding (LAST 15 YEARS) } Note: Mid year Cut reduced funding from $26,863,742 (-114,940) Under funded amount FY09 to FY 2018 =$24,778,616

  20. Revenue Projection By Source 21

  21. Expenditures By Function 22

  22. Expenditures By Function 23

  23. Expenditures By Object 24

  24. Ad Valorem • Local Revenue Request 25

  25. Historical Assessment Growth 26

  26. Ad Valorem Tax Millage 28

  27. Example Calculation How much Ad Valorem Tax would a single family home valued at $100,000 generate in the Hinds County School District, at the school taxes of 67.05 mills? Thus, in this example, the ad valorem tax bill is $670.50.

  28. Tax Bill Implications by True Value 49

  29. Notice of Tax Increase • Advertisement of Notice of Tax Increase is required by Mississippi Code Section 27-39-207 • Advertisement as run indicates that the district’s proposed request may cause an increase in the ad valorem millage rate. 31

  30. Proposed Ad Valorem Tax Request • The District requests a specific dollar amount of support and does not set millage. The information about millage is provided only as clarification of the district’s estimated affect on taxes. • The ad valorem tax effort discussed and advertised is the District’s estimate based on available information. • Forces outside the District come together to determine what the final millage rate will be. • The final millage rate will be higher or lower based on final assessed valuation and homestead exemption. 32

  31. Proposed Ad Valorem Tax Request • Request that the Hinds County Board of Supervisors levy a millage rate that will generate total proposed ad valorem tax revenues of $26,380,635. • Represents $328,465 increase over last year due to lack of MAEP full funding and offset by anticipated new property growth. • Authority to request additional funds is granted in MS Law 37-57-104(3) and is not subject to 4% or 7 % tax increase limitations. • Proposal is based on the 2017 Assessed Valuations.

  32. Next steps in budget process Modifications or corrections related to the public hearing will be reviewed and incorporated into Budget. Conduct individual budget review meetings with Principals. Board will approve final budget at next board meeting. Resolution will be sent to the Hinds County Board of Supervisors requesting final request amount.

  33. Questions or Comments? 35

  34. Debt Service Due FY 2015

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