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Mechanicsburg Area School District

This document provides an overview of the budget projection for the Mechanicsburg Area School District for the 2017-2018 school year. It includes key assumptions, revenue trends, state and federal funding levels, personnel costs, and cyber school tuition. The budget projection is still being developed and estimates will be refined.

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Mechanicsburg Area School District

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  1. Mechanicsburg Area School District 2017-2018 Budget Projection

  2. BudgetPreparation • Key Assumptions - • Revenue: • Local Revenue Trends • State and Federal Funding • Expenditures: • Personnel Cost • Salaries • Retirement (PSERS) • Insurance (Medical, Dental, Vision) • Cyber School Tuition • 2017-2018 Budget Projection • Continued Budget Development - • Refine Estimates • Budget Calendar • Act 1 Index: 2.9%

  3. Local Revenue Trends • Local revenue estimates based on currently enacted tax rates • Growth in Local Revenue - • Growth in Assessed Values: • Real Estate Taxes - $321,780 • Other Revenue Growth: • Earned Income Taxes - $240,157 • Tuition – Other LEAs - $100,000 • Delinquent Taxes - $80,000 • Realty Transfer Taxes - $65,544 • IDEA - $32,937 • Interest Income - $10,000

  4. State and Federal Funding Levels • State Funding – • Subsidies: • Basic Education - $307,254 • Special Education - $31,645 • Formula Based Reimbursement: • Retirement (PSERS) - $267,234 • Transportation - $80,000 • Social Security – ($24,476) • Rental Payments (PlanCon) – ($41,453) • Federal Funding – • Title I - $48,900 • Title II – ($1,482) • Title III - $4,638 • Access – ($19,500)

  5. Personnel Cost • Personnel Cost (Salaries and Benefits) – 72% of the General Fund Budget • Personnel Assumptions - • Current Staffing Levels • Salaries Assumptions: • Administrators: Based on Administrative Compensation Plan • Professional Staff: Salaries projected using 2016-2017 salary schedules • Support Staff: Based on Support Staff Compensation Plan • 2017-2018 PSERS Contribution: 32.04%, an increase of $559,202 • Medical Insurance: Adjusted by 9%, or $500,354 • Tuition Reimbursement: $40,000

  6. Charter / Cyber School • Increasing Charter/Cyber School Costs – • 2012-2013: $1,010,212 • 2013-2014: $1,341,532 • 2014-2015: $1,457,532 • 2015-2016: $1,619,870 • Charter/Cyber School Budget (2017-2018) – $300,000

  7. 2017-2018 Budget Projection

  8. Continued Budget Development • Refine Estimates - • Cost Centers • Contracted Services

  9. COMMENTS/QUESTIONS

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