MPS Budget Overview, including voucher program Budget scenarios Public hearing on October 21 - PowerPoint PPT Presentation

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MPS Budget Overview, including voucher program Budget scenarios Public hearing on October 21 PowerPoint Presentation
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MPS Budget Overview, including voucher program Budget scenarios Public hearing on October 21

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MPS Budget Overview, including voucher program Budget scenarios Public hearing on October 21
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MPS Budget Overview, including voucher program Budget scenarios Public hearing on October 21

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  1. MPS Budget • Overview, including voucher program • Budget scenarios • Public hearing on October 21 • Public forum on October 22 – long term solution

  2. The Basic Numbers • MPS Budget was $1.2 billion last school year • 21% from city property tax revenues • Remainder comes from federal and state sources – majority state resources • State aid for 2008-09 = $594,512,505 (before voucher deduction) • Revenue limit sets maximum amount MPS can raise from local property taxes • Impacts state aid next year • Reason why most districts raise the maximum

  3. Vouchers • Expected cost this year: $128.9 million • MPS pays $58 million (45%) • State pays $70 million (55%) • MPS can raise taxes to make up for loss • 1 reason why our levy is much higher than average

  4. Scenario #1: Adopt Budget with No Increase • Amount raised from city taxpayers = $273,880,489, or $22,803,459 more than last year • 9.08% tax levy on school portion of property tax bill • Impact on owner of home valued at $150,000 = $121 increase, $2.33/week • Loss in state aid next year = $7,529,937 • Additional cuts required this school year = $14,699,313

  5. Scenario #2: Adopt Budget Approved on June 19 • Amount raised from city taxpayers = $288,579,902, or $37,502,772 more than last year • 14.94% tax levy on school portion of property tax bill • Impact on owner of home valued at $150,000 = $199 increase, $3.83/week. • FY08 school taxes = $1,326 • FY09 school taxes = $1,525 • FY09 voucher tax = $305 (approx. 20% of total) • Loss in state aid next year = $1,969,670

  6. Scenario #3: Raise Maximum Local Amount • Amount raised from city taxpayers = $294,130,122, or $43,052,992 more than last year • 17.15% tax levy on school portion of property tax bill • Impact on owner of home valued at $150,000 = $228 increase, $4.38/week. • No loss in state aid next year • Union will speak in support of this scenario

  7. MPS Budget Cuts • Support services: guidance, psychologists • Specialists: art, music, physical education, business education • Course offerings: foreign language, technology, vocational and business education • Supplies budgets • Professional Development • Larger classes • Cuts in EA and Para positions • Possibly teacher layoffs

  8. From principals: “Several years ago, [funding] could support a vibrant educational technology program. . .; this is certainly not the case now. SAGE, while a laudable idea and program in theory, is becoming a financial burden . . . SAGE funding levels are simply not adequate . . .”

  9. From principals: “. . . The school is eliminating its technology specialist as well as 40% of the technology budget, and half a day of diagnostic teacher time. We have also dramatically intensified our fundraising efforts, including initiating a drive to endow an arts position.”

  10. From principals: “. . . One wonders what we might accomplish if we had the resources our children truly deserve. One wonders how we as a nation can maintain the fiction that we offer a fair and equal public education when schools whose children already enjoy substantial material privilege at home have public schools with smaller class sizes, multiple gyms, sprawling multi-faceted playgrounds, and more human and material resources than the schools that serve needier children.”

  11. From principals: “How much must MPS sacrifice before enough is enough?”

  12. Public Hearing on Budget • October 21, 6:30 p.m., Central Services Auditorium, 5225 W. Vliet St. • Show up at 5:30 p.m. to get a seat! • Sign up to attend hearing • Bring colleagues, parents, students

  13. Public Forum on Funding Reform • October 22, 4:30 p.m., Central Services Auditorium, 5225 W. Vliet St. • Learn more about problems with school finance • Hear about a potential solution • Experts will be there to answer questions • Join the effort to change the school funding law

  14. Final Steps • Questions? • Answer questions on feedback form • Roundtable discussion