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EPS FUNDING FORMULA

EPS FUNDING FORMULA. For Pemetic Elementary. Regular Instruction. Formula for teachers: 17:1 ratio 6th-8th; 16:1 K-5th Result: 10 teachers total, including art, music, gym, French, reading specialist, etc. with enrollment of 165.

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EPS FUNDING FORMULA

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  1. EPS FUNDING FORMULA For Pemetic Elementary

  2. Regular Instruction • Formula for teachers: 17:1 ratio 6th-8th; 16:1 K-5th • Result: 10 teachers total, including art, music, gym, French, reading specialist, etc. with enrollment of 165. • 10 teachers: 1 for each grade level (9) with one teacher equivalent to teach all other subjects listed above (1 day/week: art, music, gym, French, reading specialist)

  3. Regular Instruction • Ed tech formula: 100:1 • Result: 1.6 ed techs for regular ed cutting 1.7 (3.3 available now) • Larger class sizes (up to 23) with fewer ed techs

  4. Regular Instruction • Summer School/Learning Lab formula: no formula/no funding • Substitute formula: $32/student • Result: $5280 (165 students) available out of our current $23,000 ($75/day for a sub). Does not allow for long-term subs, professional days, etc. Amounts to 7 days/teacher for the year.

  5. Regular Instruction • Insurance coverage formula: 36% for ed techs, 29% for clerical, 19% for teachers, 14% for administrators • Result: Staffs will be paying a considerably higher percentage of their insurance costs (school currently pays 80%)

  6. Regular Instruction • Outside counseling for regular education students: no formula/no funding • Academic programs (Challenger Learning Center, health speakers, Floating classroom, etc.): no formula/no funding • Science kits: no formula/no funding • Staff travel: no formula/no funding

  7. Regular Instruction • Supplies formula: $302/student • Result: All supplies for guidance, nurse and library would be cut and $4000 cut from regular education line • Dues, fees and conferences formula: $51/student • Result: $8415

  8. Regular Instruction • Regional Adjustment: • $60,000 subtracted as adjustment for salaries and benefits and subs based on where we live (cut 7% from salaries)

  9. Special Education • Not included in funding formula

  10. Co-Curricular/Extra-curricular • Last week cut totally from formula • Previously was $29/student • Currently spend $70,000 (athletic director, baseball/softball coaches, basketball and cross country coaches, soccer coaches, middle school advisors, yearbook, drama, jazz and music director, officials, equipment and uniforms, etc.) • Cut all co-/extra-curricula programs

  11. Food Services • No formula: unless $40,000 for free/reduced number of students adjustment counts toward this line • Currently budget $38,000 to supplement breakfast/lunch program

  12. Guidance • Guidance formula: 1:350 • Result: 1/2 time guidance counselor

  13. Health Services • Nurse formula: 1:800 • Result: nurse would be here 1 day/week

  14. Improvement of Instruction • Formula: $20/student • Result: $3300 • Currently spend $28,000 • Pays for: summer instructional work by teachers, tuition reimbursement, curriculum work outside of school hours, Reading Recovery, LSDCC & mentors • Eliminate all but Reading Recovery

  15. Assessment • Formula: $79/student • Result: $13,035 • NWEA $2500 and rest for Superintendent office for assessment

  16. Library • Formula: 1:800 + Ed Tech 1:500 • Result: Librarian one day/week with ed tech available 1 1/2 days

  17. Technology • Formula: $85/student • Result: $14,340 • Currently: $92,000 • For: technology coordinator salary & benefits, MLTI leader, laptop insurance, supplies, software, equipment (new computer purchases) • Eliminate: technology coordinator and drastically cut supplies, software, new computer purchases for classrooms and computer lab

  18. Office of Superintendent • Formula: $349/student • Result: $68,000 (by adding assessment portion) • Currently spend $129,000 • Up to Superintendent’s office to determine cuts

  19. Office of Principal • Principal formula: 1:305 • Result: 1/2 time principal • Secretary formula: 1:200 • Result: 1 secretary (cut 1 secretary)

  20. Operation & Maintenance • Formula: $929/student=$153,285 • Currently spend $341,900 • For: custodians salaries & benefits ($168,); sewer/water ($4,); rubbish ($3,): contracted services for building, grounds, equipment ($31,); insurance ($7,); telephone ($6,6); supplies ($14,5); electricity ($52,5); gas ($2,5); heating oil ($52,)

  21. Operation & Maintenance • Cut 2 part time custodians and leave 2 full time custodians: $40,000 • Cut supplies by $4000. • Still need to cut $144,000!!! • Cut heating oil? Electricity? Rubbish removal? Insurance? Contracted services for repairs? Telephone service? Gas for the kitchen? How can you cut $144,000?!

  22. Transportation • Formula: ? EPS figured $76,000 • Currently: $102,000 • For: Salaries & benefits; physicals & drug testing, contracted services for bus repairs, insurance, supplies, fuel, replace/purchase equipment • Eliminating all extra curricular trips and cut one part-time bus driver leaving one full time driver

  23. Capital Outlay • Formula: none/no funding • Currently: $37,000 • For: land & improvements, building projects, equipment (classroom furniture) • No further projects or renovations or classroom furniture purchased

  24. Debt Service • Formula: none/no funding • Result: $464,000 payment each year would continue and be Southwest Harbor’s to fund

  25. Final Analysis • EPS allows $1.5 million (based on 204 students from 2005) • Current budget is $3.2 million • After subtracting debt service there would be $1.2 million cut from the budget • Would your taxes decrease by this amount? • Mill expectation of 7.60 in formula • LOCAL TOWNS will NOT be able add local money over and above the formula!!!!!

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