1 / 8

MNPS Budget Growth

MNPS Budget Growth. Average Annual Growth = 3.8%. $779.0 million*. Millions. $622.8 million. * Projected for planning purposes. Charter School Cash Outlays. Average Annual Growth = 54.8%. $54.2 million*. Millions. $4.6 million. * Projected for planning purposes.

bonner
Download Presentation

MNPS Budget Growth

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. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. MNPS BudgetGrowth Average Annual Growth = 3.8% $779.0 million* Millions $622.8 million * Projected for planning purposes

  2. Charter School Cash Outlays Average Annual Growth = 54.8% $54.2 million* Millions $4.6 million * Projected for planning purposes

  3. Analysis: FY14-15 Operating Budget Potential Shortfall = $17.6 million Millions Charter growth Employee Compensation Other Required Additions * Assumes 2% revenue growth, for planning purposes

  4. High-Leverage Options • Consolidating/closing under-utilized buildings • Raising class sizes in middle and high schools • Reducing the certificated workforce • Eliminating enhanced-options schools

  5. Fiscally & Operationally Sustainable Growth • In November, the Metro Nashville Board of Public Education passed RS2013-4 “establishing priorities for deploying charter schools” during 2014 • Strategic priorities include: • Conversion of existing low-performing schools • New charters in exceedingly overcrowded cluster tiers FACT: The Glencliff and Overton elementary tiers are on track to hit 121%and 125% capacity, respectively, during the fall 2017-18 school year.

  6. Common-Sense Approach • MNPS charter review process utilizes three “lenses” • Quality. Applications must meet NACSA quality standards. • Strategic priorities. Applications should address the school district’s stated needs. • Fiscal impact. Pursuant to TCA 49-13-108(b), applications should not be "contrary to the best interests of the pupils, school district or community.”

More Related