budget reduction recommendations n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Budget Reduction Recommendations PowerPoint Presentation
Download Presentation
Budget Reduction Recommendations

Loading in 2 Seconds...

play fullscreen
1 / 15

Budget Reduction Recommendations - PowerPoint PPT Presentation


  • 95 Views
  • Uploaded on

Budget Reduction Recommendations. February 8, 2010. It’s a Nationwide Situation. Evansville Courier & Press. School funding cuts to hit in January Indiana. Class size in city schools rises New York. School district cuts athletics Arkansas. Deep funding cuts for schools in state budget

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Budget Reduction Recommendations' - jaimin


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
it s a nationwide situation
It’s a Nationwide Situation

Evansville Courier & Press

School funding cuts to hit in January

Indiana

Class size incity schoolsrises

New York

School district cuts athletics

Arkansas

Deep funding cuts for schools in state budget

Michigan

School district cuts all sports programs

California

Music programs face cuts

Minnesota

Budget plan cuts books and school staff

Virginia

All school districts freeze teacher salaries

Ohio

it s also a statewide situation
It’s Also a Statewide Situation

Evansville Courier & Press

School district budget reduced by $3 million

Liberty

Vo-tech teacher extended days reduced by 50%

Fort Osage

District cuts$18 million from budget

St. Louis

Public schools ask teachers to take pay cut

St. Louis

SROs cut due to school budget cuts

Troy

School budget cuts unpopular but crucial

Kansas City

Budget cut talks begin, officials talk tax hike

Lindbergh

High school teachers to teach 6 of 7 periods

Lee’s Summit

budget reductions
Budget Reductions

Columbia Public Schools

2010 11 budget assumptions
2010-11 Budget Assumptions
  • 10 percent reduction in state funding
  • 0 percent assessed valuation growth
  • Conservative estimates in 5-year plan

Columbia Public Schools

2010 11 budget parameters
2010-11 Budget Parameters
  • Operate salary schedules, including educational credit
  • Maintain benefits plan
  • Support district portion of career ladder funding
  • Build year-end balances to a minimum of20 percent for 2013-14

Columbia Public Schools

scenario 1 cautiously optimistic no reductions needed after 2010 11 budget
Scenario 1: Cautiously Optimistic No Reductions Needed After 2010-11 Budget

Assumptions

Results

Excess budgets in 2010-11 until 2014-15

No additional budget reductions after 2010-11 until 2015-16 or after

Projected fund balances of 24% or higher during 5-year period

  • Improved assessed valuation assumptions as follows:

0% for 2010-11

1% for 2011-12

2% for 2012-13

2% for 2013-14

2% for 2014-15

  • Full state funding in 2010-11 (including return of expected 2009-10 holdback)
  • Continued full state funding with promised formula increases in 2011-12 and beyond

Columbia Public Schools

scenario 2 flat continued reductions needed
Scenario 2: FlatContinued Reductions Needed

Assumptions

Results

Operating deficit for2010-11

Additional budget reductions in 2011-12 through 2014-15

Fund balances trending downward from a projected 19.70% for 2009-10 to a projected 16.69% at 6/30/15

  • Improved assessed valuation assumptions as follows:

0% for 2010-11

1% for 2011-12

2% for 2012-13

2% for 2013-14

2% for 2014-15

  • 10% reduced state funding in 2010-11
  • Flat state funding in 2011-12 and beyond

Columbia Public Schools

scenario 3 conservative model continued reductions needed
Scenario 3: Conservative ModelContinued Reductions Needed

Assumptions

Results

Operating deficit for2010-11

Slightly higher additional budget reductions in 2011-12 through 2014-15than Scenario 2

Fund balances trending downward from a projected 19.70% for 2009-10 to a projected 16.86% at 6/30/15

  • Improved assessed valuation assumptions as follows:

0% for 2010-11

.5% for 2011-12

1% for 2012-13

1% for 2013-14

1% for 2014-15

  • 10% reduced state funding in 2010-11
  • Flat state funding in 2011-12 and beyond

Columbia Public Schools

recommendations for 2010 11
Recommendations for 2010-11
  • Equity
  • Efficiency
  • Reorganization

Columbia Public Schools

personnel reductions estimated
Personnel Reductions(Estimated)

Columbia Public Schools

managing long term costs

Employee benefits

Managing Long-term Costs
  • Student enrollment
  • Aging buildings
  • Competitive salaries

$

Columbia Public Schools