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Olathe District Schools 2009-10 Budget Hearing Notification

The Olathe District Schools is holding a public hearing to discuss the 2009-10 state budget documents. Key budget development goals include maintaining direct services to students, recruiting high-quality staff, and minimizing taxpayer impact during a challenging economy. This budget faces a $9 million reduction, while accommodating an enrollment growth of over 375 students. Strategies include maintaining effective class sizes and funding for essential services without increasing the mill levy. The timeline has key dates for public engagement and approvals.

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Olathe District Schools 2009-10 Budget Hearing Notification

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  1. Olathe District Schools Notice of Hearing for State Budget Documents 2009-10

  2. Budget Development Goals • Maintain Direct Services to Students • Attract and Retain High Quality Staff • Minimize Impact on Taxpayer in a Challenging Economy

  3. BUDGET 2009-10: More students -- less money

  4. $9 Million reduction (To Date) Board Approved Budget in August 2008 $230 M

  5. Budget considerations for 2009-10 • Enrollment Growth of 375+ Students (FTE ) • Maintain Effective Class Sizes • Open Forest View Elementary (Elementary #34) • Implement Final Phase of Elementary International Language • Retain Quality Staff • Maintain Facilities

  6. Cash Balance Reserve goals • Financial IndicatorsGoalStatus • Contingency Reserve 6% of General Fund 6% • Cash Flow 102% less than 100% • Capital Outlay 3% of Fixed Assets1.9%

  7. Creating a balanced budget with reduced funding

  8. Creating a balanced budget with reduced funding

  9. Key Variables Impacting the Levy • LOB State Aid 19.55% to 27% • Bond & Interest State Aid 6% to 9% • COLA 1% produces $2,081,000 ~ 0.868 mills • Capital Outlay currently 0.5 mills (down from 4.0 mills) • Assessed Valuation down 3.77%

  10. Preliminary balanced budget -- no mill levy increase

  11. 2009-10 BUDGET accomplishments • Balances Budget • No Mill Levy Increase for Taxpayers • Provides Some Resources for Compensation & Benefits • Provides a Step Towards Restoring Necessary Support for Capital Outlay Funding • Protects Reserves for Potential Rescissions in 2009-10 • Protects Direct Student Services (No Program Cuts or Layoff of Staff)

  12. BUDGET DEVELOPMENT TIMELINE • Remaining Timeline ConsiderationDate • Board ApprovesNotice of Hearing for Publication August 6 • Publication in Paper August 8 • Preliminary State Documents Finalized August 12 • Budget Workshop (Community) 6:00 pm August 13 • Public Hearing & Approval of Budgets August 20 • Staff Certify Approved Budget to County August 25 • and Submit to State

  13. BUDGET DEVELOPMENT TIMELINE • Remaining Timeline ConsiderationDate • Board ApprovesNotice of Hearing for Publication August 6 • Publication in Paper August 8 • Preliminary State Documents Finalized August 12 • Budget Workshop (Community) 6:00 pm August 13 • Public Hearing & Approval of Budgets August 20 • Staff Certify Approved Budget to County August 25 • and Submit to State

  14. Questions

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