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Manatee County Schools

Manatee County Schools. 2004/05 Budget September 7, 2004. Notice of Tax Increase/ Rolled-Back Rate. Millage Levy 2004/2005 7.999 2003/2004 8.296 Decrease in Millage ( 0.297) 14% increase in the Tax Roll.

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Manatee County Schools

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  1. Manatee County Schools 2004/05 Budget September 7, 2004

  2. Notice of Tax Increase/Rolled-Back Rate • Millage Levy • 2004/2005 7.999 • 2003/2004 8.296 • Decrease in Millage ( 0.297) • 14% increase in the Tax Roll. • The “rolled-back rate” is the rate that would have provided the same ad valorem tax revenue that was levied the prior year without new construction.

  3. Notice of Tax Increase/Rolled-Back Rate …continued

  4. Millage Levy • The Board is levying the maximum millage it is authorized to levy. • The proposed millage rate for 2004/05 is 3.58% lower than the millage rate levied last year. The amount of school tax on a home valued at $100k ($75k taxable after homestead) with no change in assessment, will change from $622.20 to $599.93 this year, a decrease of $22.27.

  5. Millage Levy…continued • If MCSB was allowed to levy the same millage as last year (8.296) this would have generated an additional $6 million for Manatee County Schools.

  6. Excerpt from TRIM Notice

  7. Millage Levy…continued

  8. Millage Levy…continued • In 1995 the millage for schools was 9.589, as compared to the 7.999 being levied in 2005. This is a 16.5% reduction over this 10 year period. • In 2001 the millage for schools was 8.682 mills. The 7.999 millage proposed for 2005 is 7.8% less than the millage levied in 2001.

  9. 2004-2005 Budget by Fund • TOTAL BUDGET - $627,154,073.96

  10. Public Meetings and Budget Adoption • Enrollment estimate to the State December 2003. • Budget workshops January to June 2004. (Televised) • Budget advertisement July 22, 2004. • Public hearing on tentative budget July 26, 2004. • Trim notices mailed to taxpayers. • Public hearing on final budget September 7, 2004. • Website • Budget Book • Budget Tri-fold

  11. Student Enrollment Projections • This budget is based on projected student enrollment growth of 1,397 students.

  12. Funding Increase for Growth and Inflation Needs

  13. Florida Education Finance Program (FEFP) • The funding loss attributable to the District Cost Differential (DCD) for Manatee Schools in 2004/05 is $3.2 million.

  14. Florida Education Finance Program(FEFP)

  15. Base Student Allocations

  16. Class Size Constitutional Amendment • $15 million in categorical funding. • 218 teachers. • 2010 classroom maximums: • Pre-K to grade 3 18 • Grades 4 to 8 22 • Grades 9 to 12 25

  17. Class Size Constitutional Amendment …continued • Measurement: • 2003/04 to 2005/06 = District Average • 2006/07 to 2007/08 = School Average • 2008/09 and after = Individual Classroom

  18. Class Size Constitutional Amendment …continued • Measurement at the District average is much easier to meet than at the individual classroom level. • Many classrooms in Florida have small class size due to ESE classrooms, Pre-k classrooms, etc. These small class sizes bring down the district average.

  19. Class Size Constitutional Amendment …continued • In data collected by the Department of Education, the majority of school districts met the district average class size in 2003/04, however, 72% of the classrooms in Florida public schools exceed the cap. • In order to bring all classes down to the maximums in the amendment, funding will need to be substantially increased when the measurement is based on the individual classroom.

  20. Class Size Impact on Capital • Prior to implementation of the Class Size Amendment, Manatee County had 41,624 student stations. • After Class Size, we had 34,508 – a loss of 7,116 student stations. • Based on the average student station construction cost, it will cost the district $99.5 million to replace this capacity.

  21. Class Size Impact on Capital …continued • Manatee County Schools has been allocated $12.8 million to meet this $99 million cost. • The Department of Education has now stated that the capital need for Class Size has been met. • DOE has “met the need” by: • Counting portables as student stations; • Counting as a full classroom any space over 460 square feet.

  22. District Departments • Effective July 1, 2004, Superintendent Dearing recommended and the School Board approved a re-organization of the District Office to better serve schools. • This re-organization saved the General Fund $600,000 on 2004/05.

  23. District Department Budgets • Reduced 6% from 2003/04 levels. • Cumulative reduction of 11% since 2002/2003. • 9 Department budgets increased a total of $576,946 for inflation and to provide services to the two new schools. • 6 Departments had operating budget enhancement requests recommended for approval totaling $343,505.

  24. Budget Reconciliation Plan • Status quo budget. • Budget $10 million out of balance. • We have closed 2003/04 in the black and will be able to use this non-recurring fund source to eliminate the school level cuts. We will still need to cut $8.5 million. • Budget Committee has made recommendations to balance the budget.

  25. Unreserved Fund Balance • $5,700,000. • 2.2% of estimated revenue. • 3% = $7.5 million • 5% = $12.5 million

  26. Employee Salaries and Benefits • Salary and benefits make up over 80% of the operating budget. • Step increment cost is $3 million in 2004/05. • An increase of $2 million has been budgeted for health insurance costs.

  27. Capital Projects Funding • $370 million in capital projects in FY’s 2003/04, 2004/05 and 2005/06. • Lease Purchase Sales tax revenue bonds: • $80.7 million project fund; • Cash flow financing; • Amortized concurrent with the sales tax revenue stream. • Construction inflation .25% per month. • Net cost of borrowing less than 1%.

  28. The Florida Lottery and Education • On November 4, 1986, a constitutional amendment was passed in a statewide election creating Article X, Section 15, of The Constitution of the State of Florida. Of the 3,208,295 voters who voted on the amendment , 2,039,437, or 63.57 percent, voted for the amendment while 1,168,858, or 36.43 percent voted against it.

  29. The Florida Lottery and Education • The 1987 Legislature enacted The Florida Public Education Lottery Act (Chapter 87-65, Laws of Florida) which implemented the Constitutional Amendment. • Section 24.102(2), F.S., represents the expression of Intent by the Florida Legislature for the lottery.

  30. The Florida Lottery and Education • The purpose of this act is to implement s.15, Art. X of the State Constitution in a manner that enables the people of the state to benefit from significant additional monies for education and also enables the people of the state to play the best lottery games available. • The intent of the Legislature is: • That the net proceeds of lottery games conducted pursuant to this act be used to support improvements in public education and that such proceeds not be used as a substitute for existing resources for public education.

  31. The Florida Lottery and Education Education Budget as a % of General Revenue 86/87 60% 03/04 53%

  32. The Florida Lottery and Education • For every Lotto ticket purchased, .38 cents goes to education Education includes Public Pre-K – 12, Universities, Community Colleges, Charter Schools and Dept. of Juvenile Justice (flow thru the district) This distribution is established by Sec. 24.121,F.S.

  33. The Florida Lottery and Education Allocation of the 27% for Public Education:

  34. The Florida Lottery and EducationManatee County Schools (millions) • Discretionary Lottery Funds will operate the school system for one day. • Funding not guaranteed because of language for School Recognition • Information available at http://www.firn.edu/doe/strategy

  35. Budget Goals • $16 million increase in budget for classroom expense (10% increase). • Cost of Living increase for employees. • Fund 2nd High School (Manatee High) for EDGE Laptop Program. • Contingency increase from $4.7 million to $5.7 million.

  36. Manatee County Schools 2004/05 Budget September 7, 2004 End

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