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MPS Budget Overview, including voucher program Budget scenarios Public hearing on October 21

MPS Budget Overview, including voucher program Budget scenarios Public hearing on October 21 Public forum on October 22 – long term solution. The Basic Numbers MPS Budget was $1.2 billion last school year 21% from city property tax revenues

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MPS Budget Overview, including voucher program Budget scenarios Public hearing on October 21

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  1. MPS Budget • Overview, including voucher program • Budget scenarios • Public hearing on October 21 • Public forum on October 22 – long term solution

  2. The Basic Numbers • MPS Budget was $1.2 billion last school year • 21% from city property tax revenues • Remainder comes from federal and state sources – majority state resources • State aid for 2008-09 = $594,512,505 (before voucher deduction) • Revenue limit sets maximum amount MPS can raise from local property taxes • Impacts state aid next year • Reason why most districts raise the maximum

  3. Vouchers • Expected cost this year: $128.9 million • MPS pays $58 million (45%) • State pays $70 million (55%) • MPS can raise taxes to make up for loss • 1 reason why our levy is much higher than average

  4. Scenario #1: Adopt Budget with No Increase • Amount raised from city taxpayers = $273,880,489, or $22,803,459 more than last year • 9.08% tax levy on school portion of property tax bill • Impact on owner of home valued at $150,000 = $121 increase, $2.33/week • Loss in state aid next year = $7,529,937 • Additional cuts required this school year = $14,699,313

  5. Scenario #2: Adopt Budget Approved on June 19 • Amount raised from city taxpayers = $288,579,902, or $37,502,772 more than last year • 14.94% tax levy on school portion of property tax bill • Impact on owner of home valued at $150,000 = $199 increase, $3.83/week. • FY08 school taxes = $1,326 • FY09 school taxes = $1,525 • FY09 voucher tax = $305 (approx. 20% of total) • Loss in state aid next year = $1,969,670

  6. Scenario #3: Raise Maximum Local Amount • Amount raised from city taxpayers = $294,130,122, or $43,052,992 more than last year • 17.15% tax levy on school portion of property tax bill • Impact on owner of home valued at $150,000 = $228 increase, $4.38/week. • No loss in state aid next year • Union will speak in support of this scenario

  7. MPS Budget Cuts • Support services: guidance, psychologists • Specialists: art, music, physical education, business education • Course offerings: foreign language, technology, vocational and business education • Supplies budgets • Professional Development • Larger classes • Cuts in EA and Para positions • Possibly teacher layoffs

  8. From principals: “Several years ago, [funding] could support a vibrant educational technology program. . .; this is certainly not the case now. SAGE, while a laudable idea and program in theory, is becoming a financial burden . . . SAGE funding levels are simply not adequate . . .”

  9. From principals: “. . . The school is eliminating its technology specialist as well as 40% of the technology budget, and half a day of diagnostic teacher time. We have also dramatically intensified our fundraising efforts, including initiating a drive to endow an arts position.”

  10. From principals: “. . . One wonders what we might accomplish if we had the resources our children truly deserve. One wonders how we as a nation can maintain the fiction that we offer a fair and equal public education when schools whose children already enjoy substantial material privilege at home have public schools with smaller class sizes, multiple gyms, sprawling multi-faceted playgrounds, and more human and material resources than the schools that serve needier children.”

  11. From principals: “How much must MPS sacrifice before enough is enough?”

  12. Public Hearing on Budget • October 21, 6:30 p.m., Central Services Auditorium, 5225 W. Vliet St. • Show up at 5:30 p.m. to get a seat! • Sign up to attend hearing • Bring colleagues, parents, students

  13. Public Forum on Funding Reform • October 22, 4:30 p.m., Central Services Auditorium, 5225 W. Vliet St. • Learn more about problems with school finance • Hear about a potential solution • Experts will be there to answer questions • Join the effort to change the school funding law

  14. Final Steps • Questions? • Answer questions on feedback form • Roundtable discussion

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