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CRESTWOOD LOCAL SCHOOL DISTRICT COMMUNITY MEETING

CRESTWOOD LOCAL SCHOOL DISTRICT COMMUNITY MEETING. OCTOBER 15, 2012. WHY ARE WE ON THE BALLOT?. Overall Revenue has declined approximately $1.8 Million Dollars Since FY 2011. This decline can be attributed to: Non Renewal of Federal Stimulus Money Non Renewal of Education Jobs Funding

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CRESTWOOD LOCAL SCHOOL DISTRICT COMMUNITY MEETING

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  1. CRESTWOOD LOCAL SCHOOL DISTRICT COMMUNITY MEETING OCTOBER 15, 2012

  2. WHY ARE WE ON THE BALLOT? • Overall Revenue has declined approximately $1.8 Million Dollars Since FY 2011. • This decline can be attributed to: • Non Renewal of Federal Stimulus Money • Non Renewal of Education Jobs Funding • Loss of State Tangible Personal Property Reimbursement • Enrollment Declines

  3. CRESTWOOD LOCAL SCHOOL DISTRICTFIVE YEAR FORECAST

  4. CRESTWOOD LOCAL SCHOOL DISTRICTREVENUE VS. EXPENDITURES

  5. ADDITIONAL COSTS TO TAXPAYERS • ISSUE 37 – 4.7 Mills, 4 Year Emergency Operating Levy

  6. HOW HAS CRESTWOOD CUT COSTS? Overall Expenditures have declined approximately $1.5 Million Dollars Since FY 2011. • Staff pay freezes • Reduction of $1.0 million of personnel costs since last year • 5.5 Teachers not replaced • 1 administrator not replaced • 2.75 classified positions not replaced • Building budget reductions

  7. Crestwood Staff Reductions 2003-2013

  8. CRESTWOOD LOCAL SCHOOL DISTRICTIMPACT OF LEVY DEFEAT • REDUCTIONS

  9. CRESTWOOD LOCAL SCHOOL DISTRICTIMPACT OF LEVY DEFEAT • Potential Class Size Increases

  10. CRESTWOOD LOCAL SCHOOL DISTRICTIMPACT OF LEVY DEFEAT • Possible Loss of Local Control by 2014-2015 – State Receivership • Fiscal Caution • Fiscal Watch • Fiscal Emergency

  11. IF THE LEVY PASSES: • Current Services Will Be Maintained that have helped students achieve academically near the top of Portage County.* • Class Sizes • Electives • Activities *Crestwood is one of only two schools in Portage County to meet all 26 standards on the 2010-2011 State Report Card. Preliminary results show Crestwood meeting all 26 standards on the 2011-2012 State Report Card.

  12. CRESTWOOD LOCAL SCHOOL DISTRICT • Looking Into the Future: Overcoming Deficits

  13. Crestwood: Which Road? Wise Spending Cuts for Efficiency PASS: Maintain Current Services We can maintain our excellent program and services… Or We can be near or at State minimums by 2014 2012-2013 School Year FAIL: Significant Service Reductions 2014

  14. QUESTIONS & ANSWERS

  15. GROUND RULES • QUESTIONS – • Please state your entire question up-front • We will call on other participants before we return to those who have already asked a question. • We cannot respond to questions about specific employees in a public session

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