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FY18 Budget Re-Imagination and Proposed Expenditures

Berkshire Hills Regional School District presents its FY18 budget re-imagination project, focusing on improving education, reallocating resources, and increasing efficiency. The budget includes changes in start times, transportation, and personnel contracts. Assessments to member towns and revenue sources are also discussed.

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FY18 Budget Re-Imagination and Proposed Expenditures

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  1. Berkshire Hills Regional School District FY 18 Budget Great Barrington March 22, 2017

  2. Mission To ensure all students are challenged through a wide range of experiences to become engaged, curious learners and problem solvers who effectively communicate, respect diversity, and improve themselves and their community.

  3. Re-Imagination • Project began as a way to re-evaluate the way we provide education in the District. • Are we as effective as possible in providing every student a path to success? • Can we provide more successful learning more efficiently? • Are there ways to improve both learning and teaching?

  4. Re-Imagination Three primary project areas: • Changing start times so all schools start at the same time. • Impact on bussing. • Reconsider the way we group students. • Reallocation of resources.

  5. SC Budget Policy • “ . . . achieve the greatest educational returns and contributions to the educational program in relation to dollars expended”. • Establish levels of funding that will provide high quality education for all our students. • Use the best available techniques for budget development and management.

  6. Health Insurance • Move to Deductible Plans Only by BHG • Rate Increase of 9.3% • Net Increase to BHRSD of 2.19%

  7. Transportation • New 5-Year Contract • Negotiated rate increase from 37% down to 17.14% for FY18 • Budget Increase - Net of 9.09% to 17.14%

  8. Personnel • All Contracts Expire June 30, 2017. • Funds for settlements held in contingency.

  9. FY18 PROPOSED BUDGET

  10. Summary • Elementary School 22.04% • Middle School 19.74% • High School 29.47% • Student Services (+ ELL) 8.96% 80.21%

  11. Summary • District-Wide – All Other 10.73% • School Committee & Administration 3.67% • Facilities & Maintenance 2.81% • District-Wide – Tech. & Food Service 2.57%

  12. Operating Budget Expenditures Change $26,479,952 gross budget • $1,004,8933.94% $24,447,585 net operating budget $1,157,1154.97%

  13. Operating Budget • Difference between Gross Operating and Net Operating due to reduction by Choice & Tuition Revenue • Choice down by $193,160. • Tuition up by $40,938 after use of $100,000 in reserves.

  14. Capital Budget

  15. FY 18 Project Principal Interest Total ES & MS Construction Bond $1,310,000 $ 469,000 $1,806,000 ST Borrowing $ 100,000 $ 25,000 $ 125,000 TOTAL $1,410,000 $ 494,000 $1,931,000

  16. Revenue

  17. $ 2,860,708 2.10% Chapter 70 $ 650,000 12.25% Chapter 71 School Choice $ 1,050,000 (15.54%) Tuition $ 982,367* 4.35% $ 1,120,934 0% MSBA Revenue *Includes use of Fund Balance

  18. Revenue Other Medicaid Reimbursement Interest Income Miscellaneous Income All Other $ 40,000 45.71%

  19. Revenue Excess & Deficiency • FY 18 Use • $335,018 • Represents 34% of E&D balance

  20. Revenue - Sources

  21. Assessments

  22. Assessments to Member Towns Three Considerations: • Population Allocation • Minimum Local Contribution • Net Assessment

  23. Assessments to Member Towns NOTE: All other things being equal . . . Budget as presented . . . No change in Enrollment . . . No change in MLC Change . . .

  24. Assessments to Member Towns All other things being equal . . . Minimum Increase: Great Barrington 4.18% Stockbridge 4.39% West Stockbridge 4.19%

  25. Assessments to Member Towns Population Allocation FY 17 FY 18 Great Barrington 69.9897 % 72.1193% Stockbridge 15.4162 % 14.7119% West Stockbridge 14.5940 % 13.1687%

  26. Assessments to Member Towns Minimum Local Contribution FY 17 FY 18 Great Barrington $6,756,779 $6,895,406 Stockbridge $1,338,211 $1,350,322 West Stockbridge $1,399,875 $1,329,198

  27. Assessments to Member Towns Total Assessment 4.21% $21,369,443 • Great Barrington 5.99% $15,329,397 • Stockbridge 1.16% $ 3,070,805 • W. Stockbridge (4.58)% $ 2,869,223

  28. Assessments to Member Towns Net Assessment FY 17 FY 18 Great Barrington $14,463,399 $15,329,397 Stockbridge $ 3,035,712 $ 3,070,805 West Stockbridge $ 3,006,832 $ 2,869,223

  29. Assessments to Member Towns Total Assessment 4.21% $21,369,443 Change: • Great Barrington 5.99% $ 865,997 • Stockbridge 1.16% $ 35,093 • W. Stockbridge (4.58)% ($ 137,609)

  30. Questions?

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