public hearing fy 2019 tentative budget€¦ · • proposed millage and budget advertised – july...

Orange County Public Schools

1

Public HearingFY 2019 Tentative Budget

July 31, 2018

Orange County Public Schools

2

Agenda• Presentation of proposed millage• Presentation of proposed budget• Superintendent’s comments• Public comments• Board discussion• Adoption of total millage• Adoption of 2018-19 Tentative Budget and

establishment of date for final hearing

Orange County Public Schools

3

Property Taxes

Residential Commercial Buildings

Orange County Public Schools

4

Property Taxes• Just Value (Property Appraiser)• Less: Save Our Homes Cap (Legislature)• Equals: Assessed Value• Less: Exemptions (Legislature)• Equals: Taxable Value• Times: Millage Rate (Legislature and

Board)• Equals: Property Taxes

Orange County Public Schools

-

20.0

40.0

60.0

80.0

100.0

120.0

140.0

160.0

180.0

200.0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023

In B

illio

nsEDR Estimates

Orange Taxable Valuesas of January 2018

5

Orange County Public Schools

Millage Rate Comparison

Description 2017-18 2018-19 Change

Required Local Effort 4.222 4.051 (0.171)Discretionary 0.748 0.748 -Additional Voted Millage 1.000 1.000 -Subtotal Operating 5.970 5.799 (0.171)

Capital Projects 1.500 1.500 -

Total Millage 7.470 7.299 (0.171)

6

Orange County Public Schools

OCPS Millage Rates

7

Disc. Mill0.74800.74800.74800.74800.74800.74800.74800.74800.7480Disc Mill

0.7480

Cap. Millage1.50001.50001.50001.50001.50001.50001.50001.50001.5000Cap Millage

1.5000

RLE4.0510

4.22204.56304.97005.22605.11405.23005.29705.3960

5.425Required

LocalEffort

Critical, 0.2500

Sp. Millage1.0000

1.00001.0000

1.00001.00001.00001.0000

Sp. Millage1.0000

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

FY19FY18FY17FY16FY15FY14FY13FY12FY11FY10

Orange County Public Schools

8

Rolled-Back Rate

• Current Year Taxable Values• Less: New Construction and Additions• Equals: Current Year Adjusted Taxable Values• Times: Rolled-Back Rate (millage rate)• Equals: Prior Year Tax Proceeds

Orange County Public Schools

9

Rolled-Back Rate

• Required Local Effort – 2.38% over the rolled-back rate

• Total Millage – 4.25% over the rolled-back rate

Orange County Public Schools

Homeowner Impactwith Save Our Homes

Home Just Value Prior Year $ 182,689 Less Homestead Exemption $ 25,000 Taxable Value Prior Year $ 157,689 Taxes Paid Prior Year $ 1,178

Home Just Value Current Year $ 186,000 Less Homestead Exemption $ 25,000 Taxable Value Current Year $ 161,000 Taxes Proposed Current Year $ 1,175

Net Change in Taxes $ (3)

10

Orange County Public Schools

11

Commercial Owner ImpactProperty Just Value Prior Year $ 937,207 Less Homestead Exemption $ -Taxable Value Prior Year $ 937,207 Taxes Paid Prior Year $ 7,001

Property Just Value Current Year $ 1,000,000 Less Homestead Exemption $ -Taxable Value Current Year $ 1,000,000 Taxes Proposed Current Year $ 7,299

Net Change in Taxes $ 298

Orange County Public Schools

12

Proposed Annual Budget2018-19

Orange County Public Schools

13

Timeline of Budget Process• Community input and legislative priorities – Fall• Governor’s Budget – November• Final EDR Forecast – January• Legislative Session – January through March• Budget Committee meetings – January through March• Initial school allocations – March• Board work sessions – March, May, and June• Proposed millage and budget advertised – July 29• Public hearing – July 31• Public hearing – September 11

Orange County Public Schools

14

Budget Summary

• Compensation to employees• Increased dollars for safety and mental health• Maintains focus on district’s strategic plan• Preserves academic programs, retains highly qualified

teachers, and protects arts, athletics and student activities

Orange County Public Schools

15

Summary of Five Funds

Fund 2017-18 2018-19 Difference

General 2,070,863,496 2,158,431,891 87,568,395

Debt Service 221,948,485 222,036,313 87,828

Capital Projects* 1,705,341,810 1,043,012,025 (662,329,785)

Special Revenue** 155,965,850 167,105,665 11,139,815

Internal Service 337,797,423 336,015,721 (1,781,702)

Totals 4,491,917,064 3,926,601,615 (565,315,449)

*Includes carry-over projects for 2017-18 only.

**Food Service only, other grant awards to be amended into budget as approved.

Orange County Public Schools

16

General Fund

Orange County Public Schools

17

General Fund• Budget – $2,158,431,891• Operating budget of the school district• Primary source is the Florida Education

Finance Program (FEFP)• Funding is equalized per student statewide• Revenues are primarily from state sales taxes

and local property taxes• Also includes revenues from additional voted

millage not to exceed 4 years

Orange County Public Schools

18

Estimated Revenue

Orange County Public Schools

150,000

160,000

170,000

180,000

190,000

200,000

210,000

220,000

230,000

240,000

250,000

07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18 18-19

FTE Actual and Forecast

19

Orange County Public Schools

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

Total State Appropriations (All Funds)

2015-16

2016-17

2017-18

2018-19

20

Orange County Public Schools

0%

10%

20%

30%

40%

50%

60%

70%

Early Learning Public Schools Community Colleges Universities Other

Education Appropriations (All Funds)

2015-16

2016-17

2017-18

2018-19

21

Orange County Public Schools

22

7,309.24

6,988.29

6,530.42 6,447.36

6,228.17 6,346.25

6,735.24 6,883.27

7,057.07 7,120.32

7,231.06 7,343.01

360.11 339.16

123.53

210.64

468.97 452.48

466.16 491.16

551.32 585.43

630.39 658.98

6,000.00

6,500.00

7,000.00

7,500.00

8,000.00

8,500.00

9,000.00

July 2007 July 2008 July 2009 July 2010 July 2011 July 2012 July 2013 July 2014 July 2015 July 2016 July 2017 July 2018

Budgeted Funding Per StudentSecond Calculation FEFP

With CPI Comparison

State Funding Federal Stimulus Critical Needs Millage Edu Jobs One Mill CPI

$749Less

Orange County Public Schools

40

45

50

55

60

65

70

85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19

Perc

ent

Fiscal Year End

Percentage of State General Revenue Going to Education

23

Orange County Public Schools

72.6 71.7 71.8 71.469.2 70.3

50

55

60

65

70

75

80

FY14 FY15 FY16 FY17 FY18 FY19

Perc

ent

Fiscal Year End

Percentage of General Revenue to Public Schools

24

Orange County Public Schools

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19

Lottery Appropriations for FloridaReflects How Lottery Funds Were Dispersed to Education

Public Schools Classrooms First & CSR Construction Community Colleges State Universities State Other

25

Orange County Public Schools

26

Federal, 0.62%

State, 51.93%

Local, 47.36%

Estimated Revenues by Source

Orange County Public Schools

27

Appropriations

Orange County Public Schools

28

Priorities

• Compensation to employees• Increase School Resource Officers• Increase safety measures• Increase Mental Health support• Preserve academic programs• Retain highly qualified teachers• Protect arts, athletics, and student activities

Orange County Public Schools

29

Other Budget Items

• Health insurance-no increase • Florida Retirement System rate increases• Professional development days• Continue progress towards new SIS

Orange County Public Schools

30

0.0%

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

70.0%

80.0%

Instr. & InstrSupport

SchoolAdministration

Plant Operation& Maint.

Transportation General Support General Admin.& Board

Community &Debt Serv.

General FundBudgeted Appropriations by Function

2015-162016-172017-182018-19

Orange County Public Schools

31

Capital Projects Fund

Orange County Public Schools

32

Capital Projects Fund• Budget – $1,043,012,025• Primary revenue sources – sales surtax,

property tax, impact fee• Minimal state support• Primary uses are for comprehensive

renovations, new schools, capital renewal, and debt service & operations

Orange County Public Schools

33

-

100.00

200.00

300.00

400.00

500.00

600.00

700.00

2019 2020 2021 2022 2023

In M

illio

ns

Fiscal Year

Budgeted Capital Revenues by Source

Other State

PECO

Other Local

Sales Taxes

Impact Fees

Property Taxes

Orange County Public Schools

34

Districtwide Capital18.08%

Comprehensive Needs36.28%

Additional Schools10.43%

Site Acquisition 1.45%

Safety Security Environ 1.66%

Portables 5.68%Educational Tech 1.03%

Charter Schools 1.32%

Buses & Equipment3.03%

Ancillary Facilities 0.72% Debt Service & Ops20.32%

Capital Projects Use of Funds(Excluding Reserves)

Orange County Public Schools

35

Five-Year New School Openings • 2018 Audubon Park School• 2019 37-M-SW-4• 2019 25-E-SW-4• 2019 49-E-W-4• 2020 20-E-SW-4• 2020 85-E-W-4• 2020 83-E-SE-2• 2020 118-E-SW-5

Orange County Public Schools

36

Five-Year New School Openings

• 2022 80-H-SW-4• 2022 30-E-SE-3• 2022 113-H-W-4

Orange County Public Schools

37

FY2019 Comprehensive Projects - Construction

• Southwest MS• Lake George ES• Magnolia School

• Sunrise ES• Lake Gem ES• Deerwood ES

Orange County Public Schools

38

FY2019 Comprehensive Projects - Design

• Rolling Hills ES• Winegard ES• Pinar ES• Meadow Woods MS • Orange Technical College – 4 Campuses• Acceleration Academy West

Orange County Public Schools

39

Other FY19 Appropriations

• Digital curriculum expansion- $40.2m• School bus replacement- $14.7m• Capital Renewal- $63.4m• Portable moves and leasing- $26.5m• Charter school capital funding- $6.4m• District-wide painting- $5.8m• Sunshades- $4.5m

Orange County Public Schools

40

Debt Service Fund

Orange County Public Schools

41

Debt Service Fund• Budget - $222,036,313• Accumulates resources to pay long-term debt• Primary Revenue Sources

-State CO&DS Revenues-Transfer from Capital Projects Fund

Orange County Public Schools

42

Special Revenue Fund

Orange County Public Schools

43

Special Revenue• Budget – $167,105,665• Initial budget includes Food Service Program

only, a self-supporting operation• Funding is primarily from Federal

reimbursement and USDA commodities, as well as local sales

• Meal prices will remain the same for 2018-19

Other Federal Grants will be amended into the budget as approved

Orange County Public Schools

44

Internal Service Fund

Orange County Public Schools

45

Internal Service Fund

• Total budget – $336,015,721• Used to account for the district’s Employee

Benefit Trust Fund, Property Casualty Loss Fund, and Printing Services Fund

Orange County Public Schools

46

Internal Service FundEmployee Benefit Trust Fund

• Budget – $286,437,834• Funded by Board contributions for employees

and deductions for employees and dependents• Medical claims payments and charges for

services• Plans continue to comply with Affordable Care

Act requirements• No increase in board contributions

Orange County Public Schools

47

Internal Service FundProperty Casualty Fund

• Budget – $41,351,099 • Property, Liability and Worker’s Comp Claims• Funded through charges to other budgets

Printing Services• Budget – $8,226,787• Funded through charge-backs to departments

and schools

Orange County Public Schools

48

Remaining Actions

• Superintendent’s comments• Public comments• Board discussion• Adoption of total millage• Adoption of 2018-19 Tentative Budget and

establishment of date for final hearing