Transcript School District of Lee County Tentative Budget

SCHOOL DISTRICT OF LEE
COUNTY
TENTATIVE BUDGET
HEARING
JULY 29, 2010
SCHOOL DISTRICT OF LEE COUNTY
TENTATIVE BUDGET HEARING
JULY 29, 2010
2011 Tentative Budget
July 29, 2010
Agenda
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Call to Order
Presentation
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Percent of Increase over Roll Back Rate
Proposed Millage
Budget Overview
Proposed Tentative Budget
Class Size Strategies
Public Hearing on Proposed Millage Rates,
Tentative Budget, and Class Size Strategies
Adoption of Resolutions
Good of the Order
Adjourn
Roll-Back Rate
• The millage rate
necessary to
generate the same
amount of money
as raised the prior
school year using
the current year’s
tax roll.
2010-2011
Roll-Back Millage
This represents a 8.79% percent
decrease over the roll-back rate.
The Required Local Effort (RLE) rollback rate represents an 6.32%
decrease.
The RLE is required to participate in the
Florida Education Finance Program,
and is 72% of the total proposed
millage.
Millage Comparison
20082009
RLE
Disc.
Mills
20092010
20102011
4.523 5.260 5.767
.498 .748 .748
Add.
.097 .000
Disc.
Mills
Capital 1.750 1.500
Mills
Critical
Op
Total
6.868 7.508
Mills
.000
Difference
.507
.000
.000
1.250 (.250)
.250
.250
8.015
.507
**Millage rates are
Established for
each school
District by the
State
Legislature
through the
FEFP, and by
state statute.
Millage Comparison
8.7
8.572
8.5
8.346
8.3
8.065
8.1
8.015
7.882
7.9
7.7
7.508
7.5
7.3
7.1
7.012
6.96
6.868
6.9
6.7
6.5
2002/03
2004/05
2006/2007
2008/2009
2010/2011
This year’s tax roll brings the District’s tax roll back to 2005 levels
Tax Roll History
120,000,000,000
100,000,000,000
80,000,000,000
60,000,000,000
40,000,000,000
20,000,000,000
0
2003 2004 2005 2006 2007 2008 2009 2010 2011
Effects on Taxpayers
Scenario
Old Value
New Value
7.508
Old Tax
8.015
New Tax
Difference
14%
$100,000
$86,000
$563.10
$488.92
($74.18)
14%
$150,000
$129,000
$938.50
$833.56
(104.94)
5%
$100,000
$95,000
$563.10
$561.05
($2.05)
5%
$150,000
$142,500
$938.50
$941.76
$3.26
3%
$100,000
$103,000
$563.10
$625.17
$62.07
3%
$150,000
$154,500
$938.50
$1,037.94
$99.44
Millages and Amounts
Tentative
Millage
Amount to be
Raised
Required Local 5.767
Effort
$326,535,777
Basic
Discretionary
Critical
Operating
Capital Outlay
.748
$ 42,352,829
.250
$ 14,155,358
1.250
$ 70,776,786
Total
8.015
$453,820,750
Tentative Budget
FUND TYPE
AMOUNT
General (Operating)
$733,778,867
Special Revenue - Food Service
41,581,151
Special Revenue – Federal Grants 83,560,877
Debt Service
48,903,428
Capital Projects
377,169,583
Internal Services
110,678,483
TOTAL
$1,395,672,389
Budget Facts
Each budget fund is earmarked for specific
purposes:
• General-education of students and
operating expenses of the district
• Debt service-payment of debt
• Capital-used to build schools, buy
equipment, and provide maintenance
services
Budget Facts
Each fund is earmarked for specific
purposes:
• Food Service-supports the breakfast and
lunch program for all students
• Special Revenue-federal funds that must
be used for the specific purpose of the
grant
• Internal Service-accounts for the
insurance costs of the district
General Fund
• Our major source of
revenue for the
district’s daily
operations
• Now budgeted at
$733.8 million (53%
of total budget)
• Supports
approximately 81,000
students
FEFP Revenue
• Total FEFP Revenues are $572.4 million
• $3.7 million increase over the prior year,
but a decrease in per pupil funding
• Generates $7,088 per student
• Base student allocation decrease of $7 per
student to $3,623.76
• 14% decrease in the tax roll from last year
means 36% of FEFP dollars are state
funded
Source of Operating Revenues
Federal
0.40%
Local
67.14%
State
32.47%
Where It Goes
Contingency/Reserve
11%
Other
1%
Support Services
3%
Operations/Maint
12%
Student
Transportation
7%
Instruction & Direct
School Expenses
65%
Food Services
• Current budget is $41.6
million
• Budget includes
breakfast for every child
(at no cost to parents)
• No increase in lunch
prices for 2011
Special Revenue
• Includes Title I, IDEA,
and other federal
grants
• Also includes all
ARRA “stimulus”
dollars
• Currently budgeted at
$83.6 million
• Estimated to grow in
the next few months
Capital Budget
• Currently budgeted at $377.2 million
• Large decrease to capital funds due to
decrease in tax roll (14%) and millage rate
• Capital millage will be reduced by .25 to
accommodate need for critical operating
millage
• Five year plan has three K-12 school and
two adult facilities for next five years
• Maintenance/renovations/technology is the
major focus
Budget Shortfall Fund
• Budget shortfall fund this year will be used to
protect us from loss of stimulus funds
• Will also be used to absorb prorations
throughout the year
• Already suffered some revenue loss from first
calculation due to tax roll decline ($1.1 million)
• Budget shortfall fund is currently $26,968,981
Class Size Strategies
Phase I
• Elementary schools allocated at 18 and 22
• Designated “growth” schools received
additional teachers to start class sizes low
• Actively looking to hire retired teachers (at
suggestion of Foundation for Lee County
Public Schools Board)
Class Size Strategies
Phase I
• Secondary schools allocated teachers at .5
under cap
• Secondary schools should work to:
• Schedule all certificated personnel (APs,Guid,Media)
• Invite teachers to work extra period
• May need to fill in with long term subs as co-teachers
Class Size Strategies
Phase II (if vote does not pass in November)
• Will need to hire additional teachers at all
levels
• May also need additional temporary
classroom space
• Total cost of Phase II=$5 million
• Reserve set aside in budget for phase II
implementation
Class Size Strategies
• Phase I has been implemented
• Cost of $5 million
• Phase II will be implemented at change in
semester if necessary at additional $5
million cost
Lee County Schools Budget
• Supports 114 schools
• An estimated 81,000 students
• Supports the initiatives of the state and
strategic plan
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Safety
Reading and Math initiatives
Access to accelerated programs
Intensive assistance to get every child on
grade level
Lee County Schools
• One of only nine districts that have improved
every year for the past six years
• More “A” schools than ever before
• Graduation rate is the highest ever and dropout
rate is the lowest ever
• Focused on continuous improvement
• We still have much more work to do to reach
every child
AN “A” SCHOOL DISTRICT
Our Vision
TO BE A WORLD CLASS SCHOOL SYSTEM
We respectfully submit this budget in support of our
vision, our mission, the students and employees
of the Lee County School District, and the
Citizens of Lee County.
Tonight’s Action
1. Adopt all proposed millages for the 20102011 tentative budget
2. Adopt the tentative budget for the 20102011 fiscal year
3. Adopt all resolutions related to the millages
and budget
GOOD OF THE ORDER
PRIOR TO PUBLIC MEETING
PUBLIC HEARING on TENTATIVE BUDGET AND
CLASS SIZE STRATEGIES
Superintendent’s Recommendation
1. Recommend that the Lee County School
Board adopt the 2010-2011 tentative
proposed required local effort millage of
5.767 mills with a proposed amount to be
raised of $326,535,777. The RLE millage
includes basic RLE of 5.731, and a prior
period adjustment millage of .036.
Superintendent’s Recommendation
2. Recommend that the Lee County School
Board adopt the 2010-2011 tentative
proposed basic discretionary millage of
.748 mills with a proposed amount to be
raised of $42,352,829.
Superintendent’s Recommendation
3. Recommend that the Lee County School Board
adopt the 2010-2011 tentative proposed critical
operating millage of .250 mills with a proposed
amount to be raised of $14,155,358.
Superintendent’s Recommendation
4. Recommend that the Lee County School Board
adopt the 2010-2011 tentative proposed capital
outlay millage of 1.250 with a proposed
amount to be raised of $70,776,786. The total
millage will equal 8.015 mills with a total
amount to be raised of $453,820,750. The
total millage rate to be levied does not exceed
the roll back rate. It is a decrease in the roll
back rate of 8.79%.
Superintendent’s Recommendation
5. Recommend that the Lee County School Board
adopt the Resolution Determining Revenues and
Millages Levied and the Resolution Adopting
the Tentative Millage Rates for the fiscal year
2010-2011.
Superintendent’s Recommendation
6.
Recommend that the Lee County School Board adopt the
tentative budget and related resolution adopting the
tentative budget for the 2010-2011 school year as follows:
1.
General Operating
$733,778,867
2.
Special Revenue Budget
$125,142,028
3.
Debt Service Budget
$ 48,903,428
4.
Capital Outlay Budget
$377,169,583
5.
Internal Service Budget
$110,678,483
Total Tentative Budget
$1,395,672,389
Superintendent’s Recommendation
7. Recommend that the Lee County School Board
accept the 2010 Certification of Taxable Value
for Lee County, Form 420S, and authorize the
Superintendent to complete and execute the
form.
Superintendent’s Recommendation
8. Recommend that the Lee County School
Board schedule a public hearing on the
final 2010-2011 millage levies, final budget,
and class size strategies for the 2010-2011
school year for Tuesday, September 14,
2010, at a specially scheduled board
meeting, to begin at 5:05 P.M. at the Lee
County Public Education Center, Board
Room.