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NC Budget Basics

NC Budget Basics. Where We Are. Just as NC schools are showing significant progress, our budget shortfall presents a significant gap. Situation Analysis. NC budget shortfall of about $3.5 billion for 2011-12 fiscal year. Causes: end of federal stabilization funds;

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NC Budget Basics

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  1. NC Budget Basics

  2. Where We Are Just as NC schools are showing significant progress, our budget shortfall presents a significant gap.

  3. Situation Analysis • NC budget shortfall of about$3.5 billion for 2011-12 fiscal year. • Causes: • end of federal stabilization funds; • end of some state taxes; • end of nonrecurring cuts; • economic recovery still slow.

  4. Situation Analysis • Public school budgets have been cut for three consecutive years. • Yet, with approximately 40 percent of the state’s overall budget tied up in public schools, it’s tough to reach spending cut targets without impact to public schools.

  5. Basic Facts • State funds total approximately $7.2 billion of public school funding or about 65 percent of the money schools spend to operateeach year. • Local funds = 25 percent;Federal funds = 10 percent.

  6. Trend over Time

  7. How NC Ranks North Carolina ranks 45th inthe nation in per-pupil spending.

  8. Common Questions • Why are schools always on the chopping block?NC’s Public School Fund is the largest chunk of the state budget’s General Fund.

  9. Common Questions • What about the lottery funds –won’t they help?Lottery funds do help – but they make up only about 3.9 percent of the budget. And, they’re designated for specific purposes –K-3 teachers, More at Four, school construction and scholarships.

  10. Common Questions • Can’t we just cut administration and leave teachers alone?Eliminating all administration (NCDPI, central office staff, principals/assistant principals) would total $478 million –less than half of the possible $1 billionin targeted cuts. And who would handle the MANY details of running schools?

  11. Common Questions • Why not cut out testing? Wouldn’t that save a lot of money?Cutting out all testing would save about$11 million - far short of our needed cuts. Also, remember, NC is required to do some testing under federal and state laws.

  12. Common Questions • Won’t the federal Race to the Top funds help solve our budget problem?Race to the Top is providing nearly $400 million over four years to North Carolina - but the funds must go for specific purposes and not for general use. Funds are a one-time allocation.

  13. Understanding theBuncombe County Schools Budget

  14. How much do we have? Total 2010-11 Budget: $277 Million Operating 5% (People, Programs, Supplies) 18% Capital (Facilities, Equipment) 77% Enterprise (Self-funding, such as Child Nutrition)

  15. Where does our funding come from? Sources of OperatingRevenue Local 25% State Federal 58% 17%

  16. 16% 84% Where does our $223 million Operating Budget go? PEOPLE! Human Resources Other

  17. Highly qualified people Buncombe County Schoolsranks 19th in the U.S.in the # ofNational Board Certified Teachers—the highest credential in theteaching profession

  18. On average, it cost North Carolinians $142,027 to educateone student K-through high school.Some NC public school systemsspend as much as $265,395! Value for the dollar… -John W. Pope Civitas Institute

  19. But in Buncombe County, we spend only $127,294to educate a student K-12.AND, our graduation rate is among the highest in the state. Value for the taxpayer’s dollar…

  20. There’s value in the Central Office, too…with only about 1 C.O. administrator per 1,000 students, BCS has one of the leanest administrations in the state. Effective and Efficient

  21. Quality Teachers,Dedicated Personnel+ Fiscal Responsibility= ResultsBut for how long?

  22. Next Steps Stay informed through news media, through NCDPI and your associations. Communicate how state and local reductions will affect your schools. Reach out to legislators and key stakeholders.

  23. Support our kids. Invest in our future. Fund Schools First.

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