Transcript Recommended Changes for Carnevale, Springfield, DelSesto

2011-2012
Superintendent’s Budget
Presentation for Providence School Board
April 25, 2011
1
Budget Drivers
•
Student Achievement
– Class size, curriculum development, professional development, classroom
materials, extracurricular activities, smaller learning communities, common
planning time, standards, and assessments
•
Available Funding from State and City
•
Changes to School Enrollment
•
Labor Contract Obligations
– Salaries, Benefits, Class Size
•
Employee Retirement Contributions
– State
– Local
•
Vendor Contract Obligations
– Transportation
– Custodial and maintenance
– Outside tuitions
2
Local Budget Comparison FY 2011 to FY 2012
REVENUES
STATE REVENUE (UNRESTRICTED)
STATE STABILIZATION FUNDING
FUNDING FORMULA
JOBS FUNDING
CITY REVENUES
MEDICAID REIMBURSEMENT
INDIRECT COST
OTHER REVENUES
FY2011
BUDGET
FY2012
PROJECTED
VARIANCE
$171,879,397
4,596,217
0
0
124,896,611
4,250,000
1,700,000
585,000
307,907,225
$175,231,822
4,393,245
6,365,547
(8,683,552)
124,896,611
4,250,000
1,700,000
585,000
308,738,673
$3,352,425
(202,972)
6,365,547
(8,683,552)
0
0
0
0
831,448
307,907,225
338,332,771
30,425,546
FY2012 BUDGET GAP
(29,701,014)
EXPENDITURES
TOTAL EXPENDITURES
3
Budget Expenditure Variances
Expenditure Decreases:
Central Office Staff Reductions
Behavior Disorder Program Changes
($400,000)
(538,824)
(938,824)
Expenditure Increases:
Salary and Benefit Increases Step Increases
1,600,000
Fringe Benefits
5,001,707
Loss of Jobs & Stimulus Funding
13,000,000
Loss of Restricted State Aid
1,094,041
Nathon Bishop/PCTA Growth
1,265,053
Math/Reading Intervention Plan
1,500,000
23,460,801
City Paid Expenses Coming Back to
PPSD IT Services
Debt Service - Boiler Program
230,000
1,900,000
2,130,000
4
Budget Expenditure Variances
(Continued)
Other Items
Custodial Services (Includes a one time
FY11 expenditure decrease of $1.4M )
1,400,000
Transportation 3% Contract Increase
812,480
Special Education Tuition Increase
956,220
Tuition to Charter Schools
1,639,180
Tuition to Davies and The Metropolitan
500,892
Utilities 2.18% Increase
177,405
Miscellaneous
287,392
5,773,569
Net Expenditure Increase
$30,425,546
5
Budget Unknowns
• Final State Aid Allocation to the District
• Final City Appropriation to the District
• Final Federal Entitlements
6
FY2012 Budget Overview
•
The Superintendent’s 2011-12 proposed budget is $308,738,673
•
The FY2012 Budget is $831,448 or .27% higher than FY2011
•
Budget increases are driven by:
» Labor agreements
» Vendor agreements
» State regulations and laws
» Loss of Stimulus Funding
» Loss of Federal Jobs Bill
7
Budget Revenue Assumptions
•
State Aid will be funded at the Governor's proposed budget amount
–
•
The City appropriation to schools will remain at the FY2011 amount
–
•
Governor’s FY2012 Proposed Budget calls for a $2.5 million net reduction in Aid to Education for
Providence
City funded 40.56% of FY2011 budget. Level funding of the FY2012 proposed budget is 40.45%
Federal Entitlements will be level funded
8
Budget Expenditure
Assumptions
• Eliminating a $29.5 million budget gap
• Achieved by:
– Employee salary & benefit reductions
– School closures
•
•
•
•
•
•
ASA Messer Elementary
ASA Messer Annex Elementary
Flynn Elementary
West Broadway Elementary
Windmill Elementary
Repurposing Bridgham Middle
9
Budget Expenditure
Assumptions (Continued)
Current Budget Gap
Employee salary & benefit reductions
(Ex. Reductions in wages, longevity
and healthcare benefits)
School closures - teacher reductions
( 44 - 70 FTE's)
$29,594,098
17,658,238 - 20,351,202
4,505,535 -
7,198,499
School closures - operational reductions
4,737,361
Proposed Budget Gap
$0
10
FY 2012 Expenditures
Proposed Expenditures
Supplies
0.74%
Equipment
0.22%
$308,738,673
Utilities
2.63%
Services
18.25%
Salaries &
Benefits
78.16%
11
FY 2012 Revenues
Projected Revenues
City Revenue
40.49%
$308,738,673
Medicaid
1.38%
Other
0.64%
State Aid
57.49%
12
Budget Schedule (Anticipated)
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April 25
April 28
May 1
June
June-July
July
July-August
July-August
Budget submitted to School Board
Budget submitted to Mayor
Budget submitted to Council
Council budget hearings
Final state aid determined
Council adopts city budget
School board approval
Council approves ordinances
13
Questions ?
14