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WORCESTER PUBLIC SCHOOLS Standing Committee on Business

Explore the financial breakdown of Worcester Public Schools budget from FY06 to FY07, including revenue sources, spending categories, cost increases, budget reductions, and budget solutions.

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WORCESTER PUBLIC SCHOOLS Standing Committee on Business

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  1. WORCESTER PUBLIC SCHOOLSStanding Committee on Business FY07 BUDGET Community Listening Sessions

  2. FY2006 Budget $246,161,728 Worcester Public Schools

  3. FY2006 Budget State Aid: $161,059,359 Charter: $ 3,286,939 City: $ 80,015,430 One-Time Funds$ 1,800,000 Total Budget: $246,161,728 Worcester Public Schools

  4. The money comes from... State: $164.4 mCity: $ 81.8 mTotal: $246.2m 33% City 67% State Worcester Public Schools

  5. FY06 Budget(Current Year) How is the money spent?

  6. Worcester Public Schools

  7. FY2006 Budget 80% 3% 6% 11% Worcester Public Schools

  8. Budget Reductions FY01-FY06 Cost Increases FY01-FY06 Worcester Public Schools

  9. Cost Increases FY01-FY06 63% Increase Worcester Public Schools

  10. Cost Increases FY01-FY06 117% Increase Worcester Public Schools

  11. Budget BusterHealthInsurance As a Percent of Total Budget $37.4 million $34.4 million 20% $30.9 million $24.7 million 15% $19.1 million 10% 8% FY02 FY03 FY04 FY05 FY06

  12. Budget BusterHealthInsurance 30% Budget Increase in Yellow 25% 20% 15% 10% 5% 6.0% 4.0% 4.4% 2.6% 1.9% FY02 FY03 FY04 FY05 FY06

  13. Budget BusterHealthInsurance 30% Budget Increase in Yellow 28.8% Health Insurance in Red 25% 20% 22.2% 18.1% 15% 10% 11.2% 8.3% 5% 6.0% 4.0% 4.4% 2.6% 1.9% FY02 FY03 FY04 FY05 FY06

  14. Budget BusterHealthInsurance $15.8 Million Worcester Public Schools

  15. SPENDING AS A PERCENT OF TOTAL BUDGET FY1994 - FY2006

  16. WORCESTER PUBLIC SCHOOLS CHANGE IN SPENDING BY CATEGORY AS A PERCENT OF TOTAL SPENDING FY2002 - FY2006

  17. Budget Reductions FY01-FY06 Budget Reductions FY01-FY06 Worcester Public Schools

  18. Budget Reductions FY01-FY06 Worcester Public Schools

  19. Budget Reductions FY01-FY06 One Time Funding Increase Worcester Public Schools

  20. Budget Reductions FY01-FY06 Worcester Public Schools

  21. Budget Reductions FY01-FY06 Worcester Public Schools

  22. Budget Reductions FY01-FY06 Worcester Public Schools

  23. Budget Reductions FY01-FY06 Worcester Public Schools

  24. Budget Reductions FY01-FY06 Worcester Public Schools

  25. POSITIONS REDUCED SINCE FY02

  26. Budget Reductions FY01-FY06 • Other Reductions: • Extended Day Programs • Closed 3 Elementary Schools & 1 Middle School Program • Athletics & Fine Arts • Staff Development • Building Maintenance Worcester Public Schools

  27. Budget Reductions Since FY03

  28. Grant Reductions Since FY03

  29. State Department of Education Funding since FY03 $12 million State DOE Cuts $10,810,362 $9 million $6 million $3 million $119,323 $2,082,981 Chapter 70 Aid

  30. WORCESTER PUBLIC SCHOOLS ACTUAL SPENDING TO TARGET FY03 - FY07 (PROJECTED) 10% Revenue Increase in Yellow 9.4% Expenditure Increase in Blue BUDGET GAP 7.5% 5.6% 6.2% 6.0% 5.0% BUDGET GAP 5.0% Target Level of Spending for Adequate Growth of System BUDGET GAP BUDGET GAP BUDGET GAP 4.4% 4.0% 2.5% 2.7% 2.6% 1.9% FY03 FY04 FY05 FY06 FY07

  31. What Do We Know About Next Year? Based on Governor’s Proposed Budget Worcester Public Schools

  32. FY07 Proposed Budget Based on Governor’s Proposed Budget Worcester Public Schools

  33. FY2007 Budget Cost Increases for next year...

  34. FY2007 Budget

  35. FY2007 Budget Current Projected Budget Deficit:

  36. Goals of Worcester Public Schools • Provide a safe and healthy school environment • To achieve compliance with state and federal regulations • To support the classroom through adequate class size and instructional materials • To increase the academic achievement of all students

  37. BUDGET SOLUTIONS BUDGET DEFICIT REVENUE INCREASE EXPENDITURE DECREASE

  38. POSSIBLE BUDGET OPTIONS

  39. POSSIBLE BUDGET OPTIONS

  40. POSSIBLE BUDGET OPTIONS

  41. Budget Calendar… STATE BUDGET  Worcester Public Schools

  42. Email your budget suggestions to… Budget07@worc.k12.ma.us Review this information at… www.wpsweb.com www.wpsweb.com/administration/business

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