GRINNELL-NEWBURG COMMUNITY SCHOOL DISTRICT PART I
Transcription
GRINNELL-NEWBURG COMMUNITY SCHOOL DISTRICT PART I
GRINNELL-NEWBURG COMMUNITY SCHOOL DISTRICT PART I: BUDGET OVERVIEW 2015-2016 OVERVIEW OF FUNDS 1. General Fund: – Revenues (Per Iowa Code): » State Aid Payments » Property Taxes » Federal/State/Local Grants » Other Miscellaneous Income – Expenditures (Per Iowa Code): » Wages & Benefits » Equipment & Supplies » Purchased Services » Professional Development » Utilities OVERVIEW OF FUNDS (cont’d) 2. Management Fund (Per Iowa Code): – Revenues: » Property Taxes (Board Approved) – Expenditures: » Retirement Assistance » Property/General Liability Insurance » Workers’ Compensation » Unemployment Claims OVERVIEW OF FUNDS (cont’d) 4. Student Activity Fund: – Revenues (Per Iowa Code): » Admissions » Activity Fees » Student Dues » Fundraisers » Donations – Expenditures (Per Iowa Code): » Support Co-Curricular Activities OVERVIEW OF FUNDS (cont’d) 5. Capital Projects Fund/Sales Tax – Secure an Advanced Vision for Education (SAVE): – Revenues (Per Iowa Code): » Sales Tax Revenues – Expenditures (Per Iowa Code): » Capital Projects OVERVIEW OF FUNDS (cont’d) 3. Physical Plant Equipment Levy (PPEL) Fund: – Revenues (Per Iowa Code): » Property Taxes (Board & Voter Approved) » Income Surtax – Expenditures (Per Iowa Code: » Building Construction/Renovation » Lease or purchase of equipment over $500 » Transportation Vehicles » Land Improvements (e.g. Parking Lots) OVERVIEW OF FUNDS (cont’d) 6. Debt Service Fund: – Revenues (Per Iowa Code): » Property Taxes – Expenditures (Per Iowa Code): » Payment of Principle and Interest OVERVIEW OF FUNDS (cont’d) 7. Nutrition Fund (Proprietary Fund): – Revenues (Per Iowa Code): » Lunch/Breakfast Fees » State & Federal Reimbursements – Expenditures (Per Iowa Code): » Food Service wages & benefits » Food supplies and equipment OVERVIEW OF FUNDS (cont’d) 7. Trust and Agency Fund (Fiduciary Fund): – Revenues (Per Iowa Code): » Designated Gifts – Expenditures (Per Iowa Code): » Specific Purposes and Projects Tregoe Process • A decision-making process for Grinnell-Newburg Budget • Tregoe, also known as Kepner-Trego, is a decisionmaking method. • It uses a step-by-step approach to set objectives, organize and prioritize information, evaluate options and understand the impact of possible choices. • It was developed by RAND Corporation researchers Charles H. Kepner and Benjamin B. Tregoe in 1958 and is used by a variety of industry sectors, including education. Tregoe (cont’d) • State the Purpose • Develop Evaluation Criteria & Weighting • Brainstorm Budget Cutting Options • Assess Risks • Make Decisions Lou Howell’s Bio Lou Howell – Educa-onal Consultant and Author • Leadership, Curriculum/Instruc-on/Assessment, Teacher/Principal Evalua-on, Reading and Wri-ng Strategies – Execu-ve Director of Iowa ASCD (Associa-on for Supervision and Curriculum Development). – Vita is provided. Curriculum Audit Process • Review of documents, interviews, observa-ons in the following areas: – Academic Domain – Effec-ve Educator – District/School System – Programming & Staffing • WriOen Report with Summary of Review and Sugges-ons for Considera-on. • Presenta-on to Board with Summary of Review and Sugges-ons for Considera-on. REMEMBER!!! CASH SPENDING AUTHORITY (THINK CREDIT CARD LIMIT) School Budget is Driven by Two Primary Factors… 1. Supplemental State Aid (SSA). The % spending is allowed to increase per student. Set by State Legislature. 2. Student enrollment Ø Count taken October each year. Certified enrollment used for following fiscal year. DISTRICT COST PER PUPIL FISCAL YEAR ALLOWABLE GROWTH COST PER PUPIL 2006 4% $4,954 2007 4% $5,151 2008 4% $5,356 2009 4% $5,569 2010 4% $5,791 2011 2% $5,906 2012 0% $5,906 2013 2% $6,024 2014 2% $6,144 2015 4% $6,389 2016 1.25% $6,469 Budget Q & A What is Spending Authority ? Spending authority is similar the “okay” your mom gave you as a child to take $10 and go to the grocery store to purchase items on the list. You were to bring home the change. You weren’t allowed to buy anything that was not on the list despite having change in your pocket. So, while a school district may have sufficient “change in our pocket” (known as our General Fund Cash Balance), we are only allowed to spend the dollars that the State grants us permission (authority) to spend. Funding for Iowa’s public school districts is based on spending authority. How is Spending Authority determined? To determine the spending authority, we multiply the number of students served each fall – those who reside in our school district – by the Supplemental State Aid (SSA) funding number set for that year by the Iowa Legislature. What impact will this year’s SSA have on the District budget? Fiscal year 2017 begins July 1, 2016. It’s likely additional General Fund budget reductions will be needed. The extent of those reductions will be determined by the level of SSA. The District’s “breakeven” SSA need is 3.6% for 2016-17. Can’t the money come from another fund? The General Fund “spending bucket” supports the instructional programs. This spending bucket alone will be the focus of reductions. Again, there are other “spending buckets” that make up the total budget of the school district but these cannot be used for General Fund purposes. These are: - Management Fund - Student Activity Fund - Infrastructure (Physical Plant Equipment Levy and Secure an Advanced Vision for Education Funds) - Debt Service Fund - Nutrition Fund Rural School Advocates of Iowa hOp://www.rsaia.org/legisla-ve.html G-N Kindergarten Student Data • Students who have had NO preschool experience knew: • Average of six (6) letters • Average of one (1) sound • Average of seven (7) numbers • Students who have experienced preschool knew: • Average of 39 leOers • Average of 13 sounds • Average of 15 numbers Questions to Ponder for March 9 Board Meeting • The impact on finances and reserve funds, if we continue with status quo (e.g., Present staffing? Present programs?) and how that might relate or be additionally impacted by the state mandates of summer school, third grade retention, etc.