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Fulton City School District

Fulton City School District. March 12, 2013 2013-14 Budget First Draft. District Guiding Principles. The FCSD Shall Create a Safe, Secure and Positive Learning Environment Fostering Effective Relationships among Students, Parents and Staff. District Guiding Principles.

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Fulton City School District

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  1. Fulton City School District March 12, 2013 2013-14 Budget First Draft

  2. District Guiding Principles • The FCSD Shall Create a Safe, Secure and Positive Learning Environment Fostering Effective Relationships among Students, Parents and Staff.

  3. District Guiding Principles • The FCSD Shall Communicate Effectively and Intentionally Throughout the District and with All Communities of Which it is Part of. • The FCSD Shall Provide Quality Educational Experiences which Meet the Needs of All Learners.

  4. District Guiding Principles • The FCSD Shall Be Fiscally Responsible Through Using Sound and Efficient Practices in All Matters.

  5. Recent History NYS Education Aid • Constrained Revenues Due to NYS & National Economy – 2008 Recession • NYS Limited Education Funding to Public Education from 2009-10 through 2012-13 School Years • NYS Froze Foundation Aid at 2008-09 Levels 2009-2012. Imposed a Gap Elimination Adjustment on School Districts in 2010-11, 11-12 & 12-13 School Years • Index Increases in Education Aid Based on Personal Income Tax Receipts (Capped at 4% in 2012-13 and 3% in 2013-14)

  6. History of Budget Revenues • FCSD is a High Need/Low Wealth District – CWR .355 • FCSD is Highly Dependent NYS for Revenue • Approximately 61% of Revenues from NYS • Five Years ago 65% of Revenue Was NYS Aid • Historically Approximately 32% from Local Tax levy • Remainder Other Sources

  7. Why We Face This Problem • Revenue Problem • Not a Spending Problem • NYS Has Limits on Financial Resources • Minimal Increases in State Aid • FCSD Continues to Face a Gap Elimination Adjustment of $1.9 Million with Governor’s Proposed Budget in 2013-14 Gov. Budget

  8. Recent History of State Aid Reductions • 2009-10 State Aid Frozen at 2008-09 Levels • 2010-11 State Aid Reduced $1.7 Million • 2011-12 State Aid Reduction $3.6 Million • 2012-13 Increase of $1.2 Million • FCSD Faced a $2.7 Million Gap Elimination Adjustment in 2012-13 • Governor Proposal 2013-14 Lowers GEA by $822,000

  9. 2009-10 through 2012-13 Budget Impact • Impact of the Funding Cliff • Eliminated 48.6 FTE Positions - Teaching, Clerical, Teacher Aides, Teachers on Assignment, Administration • Realigned Programs and Services to Cut Costs • Reduced Projected Spending by $5.6 Million

  10. Long Term Strategies • In 2010 Renegotiated Transportation Contract at 0% increase for 3 Years • Transportation Contract 2013-14, 14-15, 15-16 Yearly Increase 1.5% or Less • Program/Service Analysis • Continue to Explore Options for Areas that Drive Costs

  11. Multi Year Staff Reductions

  12. Budget Comparison 2008-09 to 2012-13 • 2008-09 $57,238,244 • 2009-10 $58,434,475 • 2010-11 $60,696,994 *Includes $2,050,000 in New Debt • 2011-12 $60,240,095 • 2012-13 $62, 398,511 * Includes $500,000 • Total Change $ 5,160,267 Debt BOCES Proj. • w/0 Debt Svc. $2,610,267

  13. Long Term Strategies • Energy Performance Contracts 1 and 2 • Sustainability Study in 2011-12 • Energy Consortium Purchasing • Review of Insurances and Health Insurance Plans

  14. 2009-10 Per Pupil Expenditures

  15. Shifting Funding of Public Education • State Aid? • Local Tax Levy? • Other Revenues?

  16. Budget Committee’s Focus • Aligning of District’s Staffing, Services and Operations with Enrollments and Changing State and Local Fiscal Capacity • Maintain All Programs, Services and Opportunities for Students • Maintain Quality Educational Programs & Services • Provide for High Achieving and At Risk Students • Implement College and Career Readiness Approach

  17. 2013-14 FCSD Proposed Budget • Proposed Budget Approx. $65,386,000 • Budget to Budget Increase of Approx. $3.0 Million

  18. District Revenue Budget • Spending Plan (Budget) = • State Aid (Including Building Aid) + • Local Tax Levy + • (Miscellaneous) Other Revenue + • Assigned Fund Balance (Use of Reserves)

  19. 2013-14 Budget Status • State Aid per Gov. Proposal $ 40,285,952 • Other Revenues $ 2,250,000 • Local Tax Levy $ 19,746,500 no increase • Planned Use of Reserves: • ERS Reserve $ 500,000 • Assigned Fund Balance $ • Total Revenues $ 62,782,452 • Total Budget $ 65,386,000 • Shortfall $ (2,603,548)

  20. 2013-14 Budget Status • State Aid per Gov. Proposal $40,285,952 • Other Revenues $ 2,250,000 • Local Tax Levy $20,042,698 1.5% incr. • Planned Use of Reserves: • ERS Reserve $ 500,000 • Assigned Fund Balance $ 1,500,000 • Total Revenues $ 64,578,650 • Total Budget $ 65,386,000 • Shortfall $ (807,350)

  21. Budget Status – Plan • Awaiting Actions of the NYS Legislature • Legislature’s Intent to Redistribute Over $300 Million to School Districts • Impact Would Reduce Size of Current Shortfall • Mitigate Use of Further Reserves, Increase in Local Levy or Reductions of Positions, Programs, Services and/or Opportunities

  22. Current Budget Costs • All Staff Salaries & Benefits • Transportation of Students • BOCES Services, Expenses & Charges • Supplies, Materials & Equipment • Custodial & Maintenance • Energy • Debt Service

  23. Questions:

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