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Fiscal 2010/2011 Proposed Budget

Adams 12 Five Star Schools. Fiscal 2010/2011 Proposed Budget. May 12, 2010. Background on Budget Development. Budget Calendar. January: Update multi-year projections based on new assumptions including enrollment projections.

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Fiscal 2010/2011 Proposed Budget

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  1. Adams 12 Five Star Schools

    Fiscal 2010/2011 Proposed Budget

    May 12, 2010

  2. Background on Budget Development

  3. Budget Calendar January: Update multi-year projections based on new assumptions including enrollment projections. February – March: Final review of funding needs and prioritize allocation of resources. Meet with Principals to discuss budget needs. Send budget information to schools and departments. April: Receive school and department budgets and begin preparation of the proposed budget
  4. Budget Calendar April: Preliminary budget information presented to the District Budget Review Advisory Committee (DBRAC) for review and input. May: Board of Education receives the 2010-2011 Proposed Budget. Continue discussions with DBRAC. Public Budget Hearing. June: Board of Education Adoption of the 2010-2011 Proposed Budget and Appropriation Resolution.
  5. District Budget Review Advisory Committee A standing committee of the District School Improvement Team Provides recommendations to the Board of Education regarding prioritizations of expenditures Met with Finance staff to review proposed budget: April 14, 2010 April 28, 2010
  6. Board of Education Policy 2.3 Financial Planning and Budgeting Financial planning for any fiscal year or the remaining part of any fiscal year shall not deviate materially from Board’s Ends priorities, risk fiscal jeopardy, or fail to be derived from a multi-year plan.
  7. Instruction Programs General Instruction $128,193,338 Special Education 27,203,625 Other General Education 4,681,002 Other Special Programs 6,519,749 Co-curricular Activities 3,201,356 Career & Technical Education 1,700,053 General Preschool 1,774,585 Gifted & Talented 683,806 Instructional Media 487,000 $174,444,514
  8. Support for Students and Instructional Staff Library Services $ 4,187,933 Guidance Services 3,301,632 Mental Health Services 3,008,912 Instructional Staff Training 1,886,184 Learning Services 1,925,640 Health Services 1,679,502 Student Achievement 951,828 Improvement of Instruction 1,307,306 Testing and Evaluation 757,904 Student Intervention Services 611,931 $19,618,772
  9. Other School Supporting Programs Operations & Maintenance $27,173,621 School Admin. Services 21,956,386 Support Services-Central 8,493,756 Pupil Transportation Services 7,657,532 Support Services-Business 3,778,402 Other Support Services 1,445,021 General Administration 1,590,796 Planning & Facilities Services 389,129 $72,484,643
  10. Shall Not Risk Fiscal Jeopardy…
  11. Maintenance of Minimum Fund Balance
  12. Maintenance of Reserves Carryover & Encumbrances $13,500,000 TABOR Contract Reserve 9,100,000 TABOR 3% Reserve 8,723,059 Fiscal 2012 Operating Reserve 4,507,501 Compensation 0 Reserve Enrollment Fluctuations 985,000 English Language Learner 2-year Plan 717,882 Other Reserves 189,458

  13. Planning for Growth

  14. Derived from a Multi-Year Plan…

  15. Format for Fiscal 2010-2011 Budget Book

    Introductory Section Superintendent’s Budget Message Executive Budget Summary OrganizationalSection Organization background, organization chart, district map BOE Ends Policies and budget goals, district-wide goals, financial policies Revenue assumptions Expenditure assumptions Budgetary statutes, budget amendment process, budget calendar Financial Section – General Fund General assumptions and planning criteria Financial data Expenditure summary by program
  16. Format for Fiscal 2010-2011 Budget Book Financial Section – Other Funds Grants Athletics Pupil Activity Bond Redemption Insurance Reserve Print Shop Capital Reserve Building Fund Nutrition Services Before & After School (BASE) Charter Schools
  17. Format for Fiscal 2010-2011 Budget Book Informational Section Assessed valuation, mill levy history, property tax, taxpayer information Colorado economic conditions Demographic information Budget projections Staffing information Enrollment forecasts Accreditation and performance measures Treatment of students/families survey Board of Education Policies Glossary, Acronyms Compliance Section
  18. Key Assumptions for Fiscal2010/2011 Proposed Budget School Finance Act decrease of (6%) Net enrollment increase of 0.82%, including charter schools. Modifications for law changes enacted by the 2010 Colorado General Assembly. Expenditure adjustments for inflation are allocated in the current year; and a reserve for employee compensation increases based on increases in total revenue is not included. Budget realignments of $24 million. Reductions in revenue from specific ownership taxes of approximately 3.7%.

  19. Mill Levy Override Information

    Approved by Voters: November 1991 - $5.4 Million November 2000 - $10.2 Million November 2004 - $9.9 Million November 2008 - $9.9 Million School Finance Funding $277,538,685 Mill Levy Limit 25% Total Mill Levy Capacity 69,384,671 Total District Overrides ( 35,400,000) Amount Available for Future Needs $ 33,984,671
  20. 2008 Mill Levy Override Plan for Fiscal 2010-2011 Retain high quality teachers. Continue academic achievement in reading, writing, math and science. Maintain the District’s rigorous graduation requirements. Meet the needs of second language learners. Offset the increased cost of utilities, fuel and health care. Limit class size increases, maintain individualized teacher support for struggling students. Continue current bus transportation services and provide up-to-date textbooks and educational technology for students. Expand the current senior citizen tax work-off program to more senior citizens for a minimum of three years.
  21. As a result of the November 2004 Election: * Increase graduation requirements $ 4,160,000 * Recruit, train, and retain highly qualified staff 3,077,039 * Student fees 200,000 * English language acquisition 1,250,000 * Transportation to support increased graduation requirements 440,000 * Air conditioning costs 600,000 * Community outreach 172,961 $ 9,900,000 2004 Mill Levy Override Plan for Fiscal 2010-2011
  22. As a result of the November 2000 Election: * Student achievement $ 2,885,816 * Recruit, train, and retain highly qualified staff 3,048,775 * Technology improvements 1,199,000 * Diverse student needs 2,107,108 * Transportation 550,000 * General maintenance 330,000 * Community outreach 79,301 $10,200,000 2000 Mill Levy Override Plan for Fiscal 2010-2011
  23. * Portion of the Consolidated Services Center * Crossroads relocation/conversion * Portion of the Aquatics center * Building conversion for STEM School Projects Funded in 2010-2011 with 2000 & 2004 Bond Proceeds
  24. 2008 COPs $33 million issued in 2008 Coronado Hills Elementary has been replaced (approx $17 million) Portion of the Aquatics Center funded (approx $3 million) Consolidated Services Center construction has begun (approx $14 million budgeted)
  25. * Compensation 0.0% * Health insurance increase 12.00% * PERA employer contribution increase0.40% * PERA employer contribution increase funded by employees 0.50% * Inflationary increases less than 1.0% * Budget realignments ($24 million) Expenditure Increase/(Decrease) Assumptions for Fiscal 2010-2011
  26. Budget Realignments Reductions at the school level $12,263,120 Reductions in FTE Classified 56.1 Administrative/technical 8.0 Certified – non-classroom 67.0 Certified – classroom 23.6
  27. Reductions at the department level $7,153,441 Reductions in FTE Classified 28.4 Administrative/technical 4.5 Certified – non-classroom 0.4
  28. Reductions from all employee groups (some items subject to negotiations) $4,563,914
  29. Total Expenditures & Appropriated Reserves: $289,945,447
  30. Total Funding = $304,270,830
  31. ARRA Funding Total of $11 million Title I $3.8 million IDEA $7.2 million Two year spending period Approximately $7 million unspent in 2010
  32. Title I ARRA 13 schools served Funds are being used for: Equipment Supplies Staff training Tech integration specialists Early interventionists Academic specialists
  33. IDEA ARRA Special education Funds are being used for: Staff training Equipment Parental support Curriculum /assessment materials Two buses for transition services Autism teachers Paras Transition support

  34. Comparisons with Metro-Area School Districts

  35. Future Activities Report from District Budget Review Advisory Committee June 16, 2010- Budget presented to the Board of Education for adoption June 17 - 30, 2010- Prepare financial system for new budget July 1, 2010- Begin new fiscal year
  36. Adams 12 Five Star Schools

    Fiscal 2010/2011 Proposed Budget

    May 12, 2010
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