1 / 27

Octorara Area School District

Octorara Area School District. 2014-2015 Budget Presentation. December 09, 2013. 2012-13 Review 2013-14 Update 2014-15 Draft Budget. Octorara Area School District. 2012-13 Review. Octorara Area School District. 2012-13 Budget vs. Actual. Major Line Items.

glyn
Download Presentation

Octorara Area School District

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. Octorara Area School District 2014-2015 Budget Presentation December 09, 2013

  2. 2012-13 Review 2013-14 Update 2014-15 Draft Budget Octorara Area School District

  3. 2012-13 Review Octorara Area School District

  4. 2012-13 Budget vs. Actual Major Line Items

  5. 2012-13 District Revenue Breakdown

  6. 2012-13 Local Revenue Breakdown

  7. Selected Local Revenue History

  8. State Revenues

  9. 2012-13 Expense Summary

  10. Salary History

  11. Required Health Care Premium History Does not include Stop Loss Premiums & Admin Fees

  12. Claims History

  13. Selected General Fund Expenditures

  14. Assigned Fund Balance Rollforward

  15. Fund Balance Summary

  16. 2013-14 Outlook Octorara Area School District

  17. Projected Variances from Approved Budget

  18. 2014-15 Draft Budget Octorara Area School District

  19. Items to Consider: • Act 1 Index • State Funding • Retirement Rates • Affordable Care Act • Capital Improvements Octorara Area School District

  20. Octorara Area School District Base Index 2.1%

  21. 1,018,358,424 273,736,547 78.81 21.19

  22. PSERS Retirement Rate History & Projections

  23. On the Horizon Affordable Care Act • PCORI (Patient-Center Outcomes Reach Institute Fees) Fees to finance comparative effectiveness research. $1 per covered life in 2014, $2 in 2015. (2014 - $730, 2015 - $1,460) • Reinsurance Fees – Health insurance issuers and self-funded group health plans must pay fees to a transitional reinsurance program for the first three years of health insurance exchange operation (2014-2016). $5.25/month ($63/yr.) x average number of covered lives. ($45,990 / Yr.) • Excise Tax (Cadillac Tax) – 40% excise tax on employers for the value of health insurance benefits exceeding established thresholds. For individual coverage - $10,200, family coverage $27,500. Octorara Area School District

  24. 2014-15 vs. 2013-14 Expense Summary

  25. Questions

More Related