Exhibited April 23 rd and 24 th , 2009 for partners in the Swartz River Group School Region.


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SWARTZ River Group SCHOOLS Money related Discussion Exhibited April 23 rd and 24 th , 2009 for partners in the Swartz Stream Group School Region Reason Illuminate Board Individuals, Staff, and Group Spending plan for both close and long haul objectives
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Slide 1

SWARTZ CREEK COMMUNITY SCHOOLS FINANCIAL FORUM Presented April 23 rd & 24 th , 2009 for partners in the Swartz Creek Community School District

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PURPOSE Inform Board Members, Staff, & Community Budget for both close and long haul objectives Encourage correspondence between Stakeholders of the Swartz Creek Community School District

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Michigan School Districts’ Financial Challenges State and national economy concerns Enrollment Issues Growing Health Care Costs State Retirement Rate Fluctuations Federal Stimulus Mandates

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PROBLEM

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DATA COMPARISON

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What would we be able to do to climate the tempest? Apply control over our spending Improve correspondence & joint effort with partners Increase income Attract new understudies Reduce consumptions

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EXPENDITURES How we dispense assets Expenditure Assumptions for 2008-09: Diesel fuel expenses ascending from $226,763 to $260,000 Health protection evaluated 10% expansion Retirement rate anticipated 16.56% of gross wages from 16.72% Utilities assessed 10% increment 2% boost in compensation for most worker gatherings

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Audited figures for 2006-07 REVENUE $34,007,675 EXPENDITURES $33,529,348 REVENUE OVER/(UNDER) EXPENDITURES $ 478,327 2006 FUND EQUITY $5,864,168 June 30, 2007 Balance $6,342,495 18.92 of uses

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Audited figures for 2007-08 REVENUE $34,240,115 EXPENDITURES $34,521,560 REVENUE OVER/(UNDER) EXPENDITURES $ (281,445) 2007 FUND EQUITY $6,342,495 June 30, 2008 Balance $6,061,050 17.56% of uses

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Due From State & Other Governmental Units - General Fund as of June 30,

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DISTRICT REVENUE Fiscal Year 2007-08 TOTAL: $34,240,114

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Working Definitions Revenues: Local Sources : Property Taxes, Tax Penalties, Adult Ed. Educational cost/Fees, Bank Interest, Rentals Leases, United Way, Gifts, Community Ed. Reserves, and so forth. State Sources : State Aid, Special Ed., Transportation, Drivers Ed., Vocational Ed., Gifted/Talented, At-Risk, Adult Ed., and so forth. Government Sources : IDEA (Sp. Ed.), Grants, Title 1 & 2, Indian Ed., JTPA, Eisenhower, and so forth. Different Sources : Act 18 (County Sp. Ed.), Sale of Assets, CDC & Cafã© Reimbursement, and so on

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DISTRICT OPERATING EXPENDITURES Fiscal Year 2007-08 TOTAL: $34,521,560

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Working Definitions: Expenditures INSTRUCTION: Basic Program : Insurances/Benefits (Health, Dental, Vision, LTD, Life, Retirement, FICA, Unemployment, Workers Comp.) Classroom Teacher Salaries, Aides, Substitutes, Teaching/Office Supply & Materials, Repairs, Travel, Capital Outlay (Furniture & Equipment), and so forth. Included Needs: Insurances/Benefits, Special Ed. Educators (IDEA & Regular), Aides, At-Risk, Substitutes, Title 1 & 2, Vocational Ed., Indian Ed., Supplies/Materials, and so on. Bolster SERVICES: Pupil : Insurances/Benefits, Counselors, Psychologists, Speech Teachers, Substitutes, Special Programs, Personnel, Graduation, and so forth. Educate. Staff : Insurances/Benefits, School Improvement, Textbooks, Librarians, Library Supply/Material, Assistant Superintendent for Instruction, Special Ed. Executive, Athletic Director, Secretaries, Substitutes, System legislative center Outlay, Eisenhower, and so forth. General Admin: Insurances/Benefits, Board Salaries, Legal Services, Audit Services, Publications, Elections, Copy Materials, Dues/Fees, Superintendent, Supt. Secretary, and so forth. School Admin: Insurances/Benefits, Principals/Assistants, Building Secretaries, Travel, Dues/Fees, and so on. Business: Insurances/Benefits, Business Secretaries, Data Processing, Banking Charges, Postage, System Insurances, Tax Processing, and so forth. Oper. & Maint.: Insurances/Benefits, Food & Mail Drivers, Custodial, Skilled Trades, Overtime, Substitutes, Utilities, Building Supply/Materials, and so on. Student Trans: Insurances/Benefits, Supervisor (1/2), Bus Drivers, Bus Trips, Shuttles, Secretaries, Substitutes, Repair, Mechanics, Supply/Material, and so forth. Focal: Insurances/Benefits, Assistant Super. Staff, Switchboard Operator, Tech. Organizer, Warehouse, and so on. Other: Insurances/Benefits, Schedule B Activities (Coaches/Sponsors), and so forth. Student Activities: Indian Ed., Insurances/advantages, Workers, Secretaries, Supply/Material, and so forth. Installments To Other Schools: GISD Telecommunications Classes, and so forth. Exchanges: General Fund Transfers to Community Education, Athletics and CDC

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Projected 2008-09 REVENUE $34,212,341 EXPENDITURES $35,607,800 REVENUE OVER/(UNDER) EXPENDITURES $ (- 1,395,459) 2008 FUND EQUITY $6,061,050 June 30, 2009 Projected Balance $4,665,591 13.10% of consumptions

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General Fund Expenditures

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Dilemma for 2008-09 and past Revenues are not anticipated that would increment for the following two years Expenditures are relied upon to rise more than 3% Is this an oddity or long haul pattern? Government Stimulus Funds – Can they spare us?

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Blended Student Enrollment

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Projected 2009-10 REVENUE $34,554,464 EXPENDITURES $36,607,034 REVENUE OVER/(UNDER) EXPENDITURES $ (- 2,121,570) Projected 2009 FUND EQUITY $4,665,591 June 30, 2010 $2,544,021 Projected Balance 6.94% of consumptions

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Projected 2010-11 REVENUE $34,902,029 EXPENDITURES $37,705,480 REVENUE OVER/(UNDER) EXPENDITURES $ (- 2,803,451) Projected 2010 FUND EQUITY $2,444,021 June 30, 2011 $-359,430 Projected Balance - 1% of uses

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Size and Scope of the Budget When all trusts are included the locale is an one of the biggest organizations in the zone with incomes and uses surpassing $100,000 every last day….365 days every year. We are likewise one of the biggest bosses in the territory with more than 500 workers that administration our most valuable commodity.…our youngsters. Interest in our kids is additionally in an interest in our group and the eventual fate of Michigan. It is critical that all partners comprehend the significance and the obligation of this speculation.

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Challenges and Possibilities We realize that the close term money related future is not looking great. Be that as it may, we as a locale can meet this challenge…head on. Dissimilar to Wall Street and other private organizations or commercial ventures we can focus our own future by not shying far from making monetary decisions. In any case we have to act soon as we are all in this together.

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What We Have Done Thus Far Reductions of bolster and custodial staff Reductions of Core Curriculum Staff Energy Conservation-lighting, warming, transporting & programming administration Mid-year supplies spending plan cuts Elimination of Drivers’ Education Use of Fund Equity Quarterly Board spending plan audits

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Future Plans Administrative staff decreases, other staff diminishments Textbook spending plan diminishments Reduction of subs for staff improvement Control of protection and incidental advantages Reduce booked transport and innovation buys Privatize Administrative Services Reduce building supply spending plans Athletic charges Increase class sizes and new class arrangements

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Thank you for your time and for thinking about the accounts of your school area, my school district… OUR SCHOOL DISTRICT !!! Questions & Comments .:ts

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