Transcript Recommended Changes for Carnevale, Springfield, DelSesto

2015-2016
Superintendent’s Budget
Presentation for Providence School Board
March 23, 2015
1
FY2016 Budget Overview
• The Superintendent’s FY2016 proposed budget is
$363,025,754
• The FY2016 Budget is $16,796,375 or 4.85% higher
than FY2015
• Anticipates 0% Wage Increases
• Anticipates $6.6 million of additional funding.
– Additional funding is 1.8% of the local budget
• State Aid is 62.8% of the local budget
• City Aid is 35.4% of the local budget
2
What Explains The Increase?
•
•
•
•
•
•
Contractual Step Increases $360K
Benefit Increases $7.2 Million
Special Education $600K (Social & Emotional Needs)
Charter & Tuition School Increases $3.34 Million
Service Contracts $1.4 Million
Staffing Increases for Strategic Initiatives and
Increased Enrollment $2.21 Million
• Substitute Teachers $1.7 Million
3
Contractual Increases
Labor Contracts
Steps (With Benefits)
Subtotal
$439,128
439,128
Service Contracts
Transportation
Tuitions
Snow Removal
2,407,243
3,348,446
140,000
Subtotal
5,895,689
Total
$6,334,817
4
Benefit Changes
Benefits
Employee Medical
State Retirement
City Retirement
Retiree Medical
Misc Benefits
Laborer's Pension
Rate Increase, Additional Staff
Rate Increase, Additional Staff
ARC (Actuarial Required Contribution)
Rate Increase
Federal Preferred Schedule
$4,774,376
727,985
629,905
534,095
438,332
90,000
Total
$7,194,693
5
Staff Increases
FY 15-16 New Positions
Supervisors @ Student Registration Center
West Broadway Teachers
West Broadway Assistant Principal
Carnegie HS Teachers
Clerical Support
Middle School Teachers
PCTA Metal Fabrication Teacher
PCTA Pre Engineering Teacher
Special Education Teachers (TBD)
2.00
20.00
1.00
14.00
4.00
2.00
1.00
1.00
$236,483
1,471,007
135,840
1,011,476
214,492
154,456
72,248
72,248
600,000
Total
45.00 $3,968,250
FY 15-16 Funding Shifts
Carnegie HS Principals
2.00
322,799
Total
2.00
$322,799
6
Closing the Gap
Department Request
Projected Revenues
$387,695,074
352,925,332
Budget Gap
(34,769,742)
Superintendent's Reductions
Funding Shifts
Supplies
Capital
Services
Based on FY 14-15 Trends
Budget Duplication
Salary & Fringe
(748,250)
(1,554,220)
(2,581,963)
(2,790,660)
(3,238,100)
(6,214,463)
(7,541,664)
(24,669,320)
Gap After Above Reductions
(10,100,422)
Charter School Enrollment Updates
Utility Updates
Medical Updates
Final City Revenue
Governor's Proposed Budget (Non Public Transportation)
Governor's Proposed Budget (Non Public Text Books)
Accelerated Funding Formula
85,000
85,000
3,347,977
3,517,977
Proposed Budget Gap
($6,582,445) 7
Local Budget Comparison FY 2015 to FY 2016
Providence School Department
Fiscal Year 2015-2016
Local Budget Revenue / Expenditure Projection
2014-2015
Budget
$203,678,050
1,541,907
9,350,289
327,522
2015-2016
Proposed
$213,028,339
1,106,422
7,240,611
218,349
Change
$9,350,289
(435,485)
(2,109,678)
(109,173)
214,897,768
221,593,721
6,695,953
124,896,611
4,450,000
1,200,000
785,000
124,896,611
4,450,000
1,200,000
785,000
0
0
0
0
Subtotal
131,331,611
131,331,611
0
Total Revenues
346,229,379
352,925,332
6,695,953
Total Expenditures
346,229,379
363,025,754
16,796,375
Budget Gap
$0
($10,100,422)
($10,100,422)
Enacted Aid
Group Home Aid
Funding Formula
Categorical Changes
Subtotal
City Aid
Medicaid
Indirect Cost
Miscellaneous
8
FY 2016 Projected Expenditures
$363,025,754
Supplies
0.71%
Equipment
0.31%
Utilities
1.95%
Services
20.36%
Salaries & Benefits
76.67%
Salaries & Benefits
Services
Supplies
Equipment
Utilities
9
FY 2016 Projected
Revenues $352,925,332
10
How Much of Our Budget is
Fixed?
Fixed Costs (Non-Discretionary)
Salaries
Benefits
Utilities
Services & Contracts
$183,662,549
94,155,922
7,069,442
71,545,067
50.59%
25.94%
1.95%
19.71%
356,432,980
98.18%
Per Pupil Allocations (Tools of the Trade)
Other Discretionary
2,780,155
3,812,619
0.77%
1.05%
Total Non-Fixed Costs
6,592,774
1.82%
$363,025,754
100.00%
Total Fixed Costs
Non-Fixed Costs (Discretionary)
Total
11
Current Budget Unknowns
• Final Revenue Allocations to the District
• Final Federal Entitlements
12
Academic Achievement
Initiatives
• Full utilization of West Broadway Elementary School
• Creation of Two New High Schools
• Expanded CTE Programming at All High Schools
– Additional Teachers for Metal Fabrication and PreEngineering
• Increased Advance Placement (AP) Programming in all High
Schools
• Preserved SY 2015 Change in Walking Distance from 3 to 2.5
Miles
• Increased Tools of the Trade Allocation by $33K
13
Budget Development Calendar
Fiscal Year 2015-2016
•
DUE DATE
DESCRIPTIVE ACTION
•
November 26, 2014
Budget packages sent to schools and administrative offices for all funding sources
•
December 2014
Budget training for principals and administrators (as required)
•
January 05, 2015
All budgets due in the Budget Office and Office of Federal Programs
•
January 12, 2015
School Budgets sent to Executive Zone Directors for review
•
January 19, 2015
School Board Finance Committee Meeting
•
January 20-26 2015
Budget meetings with administrative departments
•
February 6, 2015
School Budgets due back from Executive Zone Directors
•
February-May
CRP Preparation
•
March 9, 2015
School Board Finance Committee Meeting
•
March 9, 2015
Federal Budget Presentation to the School Board
•
March 23, 2015
Superintendent’s Budget submitted to the School Board
•
April 20, 2015
School Board Finance Committee Meeting
•
April 24, 2015
Proposed School Board Budget submitted to the City Finance Director
14
Questions ?
15