Crawford County School System Budget Discussions - PowerPoint PPT Presentation

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Crawford County School System Budget Discussions

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  1. Crawford County School SystemBudget Discussions Aug 28, 2013

  2. Outline • Funding Source Overview • Negative Impacts to School Budget • Steps Taken Prior to FY14 • FY14 Budget Cycle

  3. Funding for School Systems • FY 2002 • Federal Funds = 5.6% • State Funds = 56% • Local Funds = 38.4% • FY 2012 • Federal Funds = 8.8% • State Funds = 49.5% • Local Funds = 41.7% * Information from New Board Member Training, GSBA, Nov 2012

  4. Funding for School Systems • Local Funds • Primarily Ad valorem taxes • Special Purpose Local Option Sales Tax (SPLOST) • For Capital outlay projects for educational purposes (Not for General Fund use) * Information from New Board Member Training, GSBA, Nov 2012

  5. Funding for School Systems • State Funds • QBE, Quality Based Education (majority of funds) • Based on student FTE counts, Class size, Teacher training and experience • Categorical Grants • Pupil Transportation • Equalization • School Nurses • Targeted Grants such as School Improvement, Special Education * Information from New Board Member Training, GSBA, Nov 2012

  6. Funding for School Systems • Federal Funds • Earmarked for certain programs only – very little flexibility • Includes Nutrition Program (salaries included) • Includes Title I, II, VIB, VI part B, CTAE, etc * Information from New Board Member Training, GSBA, Nov 2012

  7. Negative Impacts to Budget • Local Fund Reductions due to Conservation Use Value Assessment Program (CUVA) enacted in 1992 and Forrest Land Protection Act (FLPA) enacted in 2008 by State of Georgia Legislature • Impact: conservation cost Crawford County approximately $1.6 million a year($800k for school system) * Information from “A Discussion of Real-Life Tax Revenue Impact on Rural Counties” by Pat Kelly, May 2011

  8. Negative Impacts to Budget • FTE (Full Time Equivalent) Student Counts Downward Trend FTE count is aKEY factor in the QBE formula

  9. Negative Impacts to Budget • State Austerity, QBE reductions Reductions total $7,951,130 since 2003!

  10. Negative Impacts to Budget • Increasing Health care costs for classified employees 76 classified: (746-162)*76*12 = $532,608 budget increase Anticipate Rates will continue to increase! * Information from New Board Member Training, GSBA, Nov 2012

  11. Steps Taken Prior to FY14 • Furloughs – impacts all system employees 1 Furlough Day = approximately $52k impact to annual budget

  12. Steps Taken Prior to FY14 • Decline in ‘Fund Balance’ (ieSavings) • Result of passing annual budgets that utilize these funds to “balance” State recommends maintaining a Fund Balance of 5% to 15% of Annual Budget; for $13M budget, that equals $650k to $1.95M * Information from New Board Member Training, GSBA, Nov 2012

  13. Steps Taken Prior to FY14 • Staff Reductions • Did not fill Assistant Superintendent Vacancy • Went from 2 to 1 Assistant Principals at CCES • Other unfilled positions:

  14. Steps Taken Prior to FY14 • Tax increases have been held to a minimum Last Tax Increase was 2009

  15. FY14 Budget Cycle • Additional Burdens to FY14 Budget • $408k: ‘Fund Balance’ required to balance FY13 budget is not available this year • $689k: State QBE funding reduction compared to FY13; based on reduced FTE count, etc • $137k: Increase Health Insurance cost for classified employees • $1.234M : Total additional expenses added to FY14 Budget! * Numbers quoted are budgeting estimates

  16. FY14 Budget Cycle • What Has Been Done to Date • Reduction to 160 Day Calendar • Unfilled Positions: High School Science, Counselor, and Others • What Is In the Proposed Budget • Increase to 10 furlough days • 2.5 Millage Rate Increase * Numbers quoted are budgeting estimates

  17. FY14 Budget Cycle • Impacts to the Budget • 160 Day Calendar, Unfilled Positions, 2 Additional Furlough Days • $400k Expenditure Reduction • 2.5 Millage Increase • $700k Revenue Increase • TAVT and ~ $20k Fund Balance will be utilized to Balance Budget * Numbers quoted are budgeting estimates

  18. FY14 Budget Cycle * Numbers quoted are budgeting estimates / Federal Funds not Included

  19. FY14 Budget Cycle * Numbers quoted are budgeting estimates / Federal Funds not Included

  20. FY14 Budget Cycle * Numbers quoted are budgeting estimates / Federal Funds not Included