Transcript Shelburne Community School 2003

2011-2012 Education Budgets &
Tax Rate Implications
Presented by
Hinesburg School Board
March 7, 2011
AGENDA

Introduction

Overview

Hinesburg Community School
* Pre K – 8 Budget
* Articles

Summary
NOTE: visit www.cssu.org
and www.hcsvt.org
for more detail
Overview
FY 12 Proposed Budgets:
HCS
$ 7,499,582
CVU
$21,108,410
-1.85%
-1.14%
decrease over 2010/11
decrease over 2010/11
FY 12 Tax Rate Outlooks:
Homestead:
HCS/Pre K-8
CVU
Total
Homestead (Income Sensitive**):
HCS/Pre K
CVU
Total
$0.941
$0.476
$1.417
- .1%
- 1.45%
- .6%
1.85%
0.93%
2.78%
-1.4%
Non Homestead
$1.433 -1.4%
** Residents with household income up to $97,000 may be eligible
• Tax Rate Outlooks: preliminary state tax rates used, SUBJECT TO CHANGE
Hinesburg Community School
Pre K-8
HCS Mission Statement
 We
believe that every student is capable of
learning and that every student can master
the behaviors, skills and knowledge
essential for a contributing member of a
democratic society.
Hinesburg Enrollment
K–8
July 21, 2015
Bill Smith, Public Policy
Demographics
6
Proposed Pre K-8 FY 2012 Budget
Summary by Function
FY 12
Change
Instructional Programs
$ 3,251,245
$32,716
Instructional - Special Education
$ 1,498,592
$24,956
Instructional Support
$
822,283
($22,128)
Administrative Support
$ 1,793,542
($143,360)
Operating Budget
$ 7,365,661
($107,817)
Tax Anticipation Note, EDLP
$
167,443
($33,576)
Total Budget Article
$ 7,499,582
($141,340)
(1.85%)
HCS Budget 2011/2012

Major Changes:
◦
◦
◦
◦
◦
◦
◦
Tuition
Professional Services
Early Learning Partnership
Transfers to Construction Fund
Transportation
Books, Periodicals and Supplies
All other
+$25,800
+$20,626
-$35,217
-$33.223
-$27,415
-$20,608
-$71,303
HCS Budget 2011/2012
Major Changes
INSTRUCTIONAL PROGRAM –
Reduction of teaching staff in the Pre-School Program
 Reduction of Essential Skills (Remedial Reading and
Mathematics)
 Reduction of After School Extended Day Program
 Reduction of two Special Education Paraeducators
 Instructional supplies, texts and equipment – reduction in
classroom materials.

HCS Budget 2011/2012
Major Changes
NON-INSTRUCTIONAL PROGRAM –


Transportation – reducing and or combining bus routes
to achieve a transportation savings.
Reduction in Special Education Administrative Assistant
Position.
HCS Budget History
Budget
Increase %
Increase $
FY 08
$ 7,322,402
5.30%
$368,434
FY 09
$ 7,702,640
5.20 %
$380,238
FY 10 $7,565,476
-1.78%
-$137,164
FY 11 $7,640,922
1.00%
$75,446
-1.85%
-$141,340
FY12
$7,499,582
HCS Budget 2011/2012
Other Articles for Voter Consideration :

ARTICLE IV:
Shall the voters of the
Hinesburg Town School District authorize the
Board of School Directors to apply the
school district’s current fund balance as
revenue for future budgets?
HCS Spending Per Equalized Pupil
HCS Budget Article
Less HCS Revenues
Education Spending
# of Equalized Pupils
Spending/Eq.Pupil
10/11
11/12
$7,640,922 $7,499,582
$1,279,694 $1,278,365
$ 6,361,228 $6,221,187
449.62
$14,148
VAR
-1.85%
- .10%
-2.20%
447.79
- .41%
$13,893
-1.80%
Summary
School Budgets*
Second Vote Required?
HCS/Pre K-8
$ 7,,499,582 -1.85%
No
Spending/Student
$ 13,893
-1.80%
Penalty Threshold Exceeded?
No
CVU
$21, 108,410 -1.14%
No
$12,125
No
FLAT
______________________________________________________________________________________
Homestead Tax Rates:
HCS
CVU
Hinesburg Education Tax
$ .941
$ .476
$1.417 -.6%%
Homestead Tax Rates Income Sensitive**
HCS Income Based%
CVU Income Based%
Hinesburg Education Tax %
1.85%
0.93%
2.78%
Hinesburg Non Homestead Tax
$1.433 -1.4%
-1.4%
Note: Tax Rates based on preliminary state tax rates, ** Taxpayers may qualify for property tax reductions
if household income is less than $97,000
Summary – Tax Implications
Hinesburg SD
CVU HS
TOTAL
$250,000 Home
$400,000 Home
10/11
11/12
Inc
10/11
11/12
Inc
$2355
$1208
$2352
$1190
-$3
-$18
-$21
$3768
$1932
$3764
$1904
-$4
-$28
-$32
Income Sensitivity: @$85,000 of income/$250,000 Homestead
Tax payment capped at :
10/11
11/12
Hinesburg SD
1.86% $1581
1.85%
$1573
CVU HS
.96% $ 816
.93%
$ 791
PAYMENT CAP
$2397
$2364