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Tri-Valley School Board

Tri-Valley School Board. Financial Update Public Meetings. Purpose. Informational State of the Budget Historical Analysis Recent Changes Effecting the Budget Improvements Ideas under Consideration How you can help. State of the Budget. 2001/2002 Expenses. All Funds. Education Fund.

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Tri-Valley School Board

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  1. Tri-Valley School Board Financial Update Public Meetings

  2. Purpose • Informational • State of the Budget • Historical Analysis • Recent Changes Effecting the Budget • Improvements • Ideas under Consideration • How you can help

  3. State of the Budget 2001/2002 Expenses All Funds EducationFund

  4. State of the Budget

  5. Historical Analysis 796 61 36 1031 91 64

  6. Historical Analysis Tax Rate

  7. Historical Analysis

  8. Historical Analysis

  9. Working Cash Bonds • What is Working Cash • Working Cash – 1996 • $289,000 • Working Cash – 2001 • Future Building Down Payment • $525,000 • Working Cash – Nickel Levy • Can be Supplement to the Education Fund • Approximately $45,000

  10. Recent ConditionsEffecting the Budget State Aid • Foundation Level did not increase • The typical $100 increase would have produced $100,000 of additional revenue • Grants cut by $100,000 Equalized Assessed Valuation • Farmland reassessment

  11. State Aid FormulaEffect on the Budget Factors • EAV used to calculate potential local tax contribution • Formula assumes $3 Ed Fund Tax Rate • TV raised the rate from $2.30 to $2.84 in 1991 • TV essentially loses potential State Aid • Average Daily Attendance (ADA) • CPPT – Commercial Property Tax • Foundation Level – minimum needed per student

  12. State Aid FormulaEffect on the Budget Foundation 4870 EAV 86 mil ADA 1000 ED Rate $2.84 Foundation Level Increases EAV Increases ADA Increases Ed Fund Tax Rate

  13. Improvements Football Start – Up • Expenses • Lights $53,645 • Bleachers $43,826 • Fence $11,490 • Grading & Irrigation $22,774 • Concession $15,372 • Uniforms & Equipment $25,953* • Total $173,060 • Revenue • Site and Construction Fund • Booster Club • Matching Grants • Donations • *Ed Fund

  14. Improvements Marching Band Start - Up • Instruments $12,000 • Uniforms $15,836* • Total $27,836 * Ed Fund

  15. Improvements Trainable Mentally Handicapped (TMH) • Building Addition • Cost • Funding • Impact on the School

  16. Improvements Greenhouse • Building Cost $50,000 • Funding • Yearly Cost/Revenue • Impact on the School

  17. Improvements Integrated Learning System • Program Cost • Yearly Cost • Impact on the School

  18. Ideas under Consideration Adjust Tax Levy • Levy less in Building, Transportation, Life/Safety • Levy 4 cents Working Cash for Ed Fund Ed Fund Tax Referendum • Currently $2.84 Add 30-40 cents • November 2003 Available ’04-’05 • April 2004 Available ’05-’06

  19. Ideas under Consideration Transfer Working Cash to Ed Fund • $525,000 future building • $475,000 available today uncommitted • $170,000 transferred ’03-’04

  20. Ideas under Consideration Budget Cuts • $200,000 cut for ’03-’04 • Spread cuts across entire district • Contracted Services • TVEA Contract prohibits during the life of the Contract • Bus – No Savings expected • Janitorial – Possible savings offset by reduced quality • Cafeteria – Under investigation for the future

  21. Ideas under Consideration Budget Cuts • Increase Class Size K-8 • 4 sections/grade 19-23 students/class • 3 sections/grade 25-30 students/class • 7 teaching positions effected • Approximately $30,000 per teacher • Increase Class Size High School • Eliminate Overload • Reduce Family and Consumer Science position • Reduce Ag Department

  22. Ideas under Consideration Budget Cuts • Other Staff • Gifted Program • HS Lunch room supervisor • Media Center Aid reduced time • Chaperones • HS Technology Coordinator • Designated Principal • Saturday only Detentions • Supplies

  23. Ideas under Consideration Extracurricular Cuts Athletics • Assistant Athletic Director • Weight Room Coordinator • 6th grade sports • Assistant coaches • Freshman sports • Reduced supply budget • HS Cheerleading Football • Fine Arts • 4th-6th grade play • Assistant marching band • Band uniforms for growth • Supplies and travel

  24. Ideas under Consideration Budget Savings • Increased Fees • School Fee raised from $55 • Activity Fee raised from $25 grades 7-12 • Athletic Fee per sport • Move to the MidState Conference

  25. How You Can Help • Contact your legislators • Share ideas with Board Members • Support Referendum • Fund Raising • Scrip Program • Education Foundation • Consider running for the School Board • 4 seats open April ’03

  26. Questions

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