FY 12 EDUCATION BUDGETS & TAX RATE

IMPLICATIONS FOR ACADEMIC YEAR 2011-

2012Presented by

Charlotte School BoardCVU School BoardFebruary 28, 2011

AGENDA Introduction Charlotte Central School

* Pre K – 8 Budget* Articles

Champlain Valley Union High School* 9 – 12 Budget* Articles

SummaryNOTE: visit www.cssu.org and www.ccsvt.us for more detail

Charlotte Central School

Pre K-8

CCS Mission Statement

“The mission of the Charlotte Central School is to provide an

educational experience that promotes academic excellence

and enables each student to develop confidence and the

knowledge skills and behaviors necessary to become a

competent, caring, productive, and responsible citizen.

Opportunities for Public Input on the FY12 CSD Budget

1. Board Meeting, September 22. Board Meeting, October 193. Budget Forum, October 264. Budget Survey (October 3-November 2)5. Budget Forum, November 116. Budget Meeting, November 167. Budget Meeting, December 78. Budget Meeting, December 219. Budget Meeting, January 1110.Budget Hearing, January 18

www.ccsvt.us/board

Charlotte Enrollment K - 8

FY01

FY02

FY03

FY04

FY05

FY06

FY07

FY08

FY09

FY10

FY11

FY12*

10

15

20

25

Average Class SizeK-3 AVG Class Size4-8 AVG Class Size

FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11 FY12*Average Class Size 17.5 17.23 19.04 18.61 18.61 18.07 17.04 18.76 17.8 18.79 20.1 19.66

K-3 AVG Class Size 16 15 18 16 16 16 16 17 17 18 19.7 19.22

4-8 AVG Class Size 20 19 20 20 20 18 17 18 18 18 20.5 20.26

K-8 Average Class Size

Charlotte K – 8

FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10 FY11

0

5

10

15

20

Student:Teacher Ratio

Fiscal Year

Num

ber

of S

tude

nts

CCS Budget History

FY09 FY10 FY11 FY12 $6,400,000.00

$6,500,000.00

$6,600,000.00

$6,700,000.00

$6,800,000.00

$6,900,000.00

$7,000,000.00

$7,100,000.00

$7,200,000.00

$7,300,000.00 0%

-3.27%

-3.74%

Budget History

Current Reductions in FY12 budget

1.0 Enrichment position

eliminated 0.5 Special Educator position eliminated0.2 Tech Educator position eliminated0.2 Bookkeeping position eliminated1.0 noon time bus route eliminatedTechnology software flatlined to FY10Supplies reduced to FY09 levels

FY 12 Change 

Instructional Programs $ 3,264,689 (-$66,035) Special Ed Programs $ 917,871 (-$134,772) Co-Curricular and Athletics $ 75,153 ($5845)

Instructional Support $ 591,142 (-$3,758)

Administrative Support $ 700,944 (-$5,710) Operations and Maintenance $ 566,935 ($12,693)

Transportation $ 230,008 (-$47)

Debt Service $ 309,403 (-$25,867)

ELP and TAN Borrowing $ 110,312 (-$47,737)

Proposed Pre K-8 FY 2012 BudgetSummary by Function

Charlotteby function

Charlotteby object

NEGOTIATIONS IMPACT ON FY12 BUDGET

Contract: 3% total new money $42,348 14% health care ($18,368) Additional reductions needed $23,980

OPTIONS

Re-evaluate remaining proposed Tier III reductions and programmatic additions that were made to the budget

If any vacancies occur, re-evaluate the need for the position

Other personnel changes this spring may also be used to address budget challenges.

CCS Budget Article $ 6,740,590 (-3.74%)

Less CCS Revenues $ 723,020 (-11.0%)

Net Education Spending* $ 6,017,570 (-2.8%)

 # of Equalized Pupils 439.15

(-.3%) Spending/Eq. Pupil $13,703 (-

2.5%)

*Exceeds Challenges for Change Target

CCS Spending Per Equalized Pupil

FY09 FY10 FY11 FY12 $- $200,000.00 $400,000.00 $600,000.00 $800,000.00

$1,000,000.00 $1,200,000.00 $1,400,000.00

Revenue

Series1

-6%

-30% -11%

FY09 FY10 FY11 FY12 $12,800.00 $13,000.00 $13,200.00 $13,400.00 $13,600.00 $13,800.00 $14,000.00 $14,200.00

Spending per equalized pupil

Series1

450.12442.05 440.39 439.15

5 Drivers of Property Tax

• School Budget• CLA• State Tax Rate• Base Education Amount• Enrollment

Budget $ 6,740,590 - 3.74%

Less Revenue $ 723,020 - 11%

Education Spending $ 6,017,570 -2.8%

Equalized Pupils 439.15 - 0.3%

Spending per Eq. Pupil $ 13,703 -2.5%Base Spending Amount $ 8,544 held flat Base state tax rate $ 0.87 +1.2%Charlotte’s CLA 99.22% - 1.02%

CCS Homestead Tax Rate (estimated) $ 0.9176 0%

CSD Tax Implications

Budget $ 6,740,590 - 3.74%

Less Revenue $ 723,020 - 11%

Education Spending $ 6,017,570 -2.8%

Equalized Pupils 439.15 - 0.3%

Spending per Eq. Pupil $ 13,703 -2.5%Base Spending Amount $ 8,544 held flat Base state tax rate $ 0.87 +1.2%Charlotte’s CLA 99.22% - 1.02%

CCS Homestead Tax Rate (estimated) $ 0.9176 0%

CSD Tax Implications

What if State Tax Rate decreases to $0.86?CSD Tax rate would

decrease by 1.15%=$0.90

CCS Budget 2011/2012Other Articles for Voter Consideration :

ARTICLE VI: Shall the voters of the Charlotte Town School District No. 15 authorize the Board of School Directors to apply the school district’s current fund balance as revenue for future budgets?