pottstown school district 2006-07 budget budget 5-4-06.pdfpottstown school district ... ap test...

POTTSTOWN SCHOOL DISTRICT2006-07 BUDGET

POTTSTOWN SCHOOL DISTRICTBUDGET WORKSHOP

2006-07 SCHOOL DISTRICT BUDGET

Ladies and Gentlemen,

The proposed budget for the 2006-07 fiscal year is being presented for your consideration Thursday, May 4, 2006. This will be an informational meeting on the budget and no vote will be taken.

The total of the 2006-07 proposed budget is $43,665,515. This is an increase of $1,805,335 or 4.31% over the estimated expenditures for the 2005-06 school year. This figure includes $400,000 for budgetary reserve. Actual expenditure increase without the budgetary reserve is $1,405,335 or 3.4% increase.

The proposed budget includes an increase in real estate millage of 1.4918 mills, from 28.1468 mills to 29.6386 mills. This represents an increase of 5.3% in real estate millage.

The district's adjusted index to increase real estate millage for 2006-07 is 5.3%. This proposed budget is within the index for the fourth straight year.

The increase in revenue from real estate taxes is $1,191,697 since each mill represents $798,832. The average residential property in Pottstown is assessed at $74,359 thus an increase of 1.4918 mills in real estate taxes amounts to $110.93 per year or $9.24 per month to the average residential property owner.

PROJECTED 2006-07 ALLOWABLEMILLAGE AND EXPENDITURE INCREASES

Pottstown School District Adjusted Index 5.3%

2005-06 Budgeted Expenditures $41,476,706

2006-07 Projected Revenue Increase $ 793,028

Estimated Dollar Value of 1 Mill = $798,832Current Millage Rate 28.1468Adjusted Index .053 Allowable Millage Increase 1.4918 Mills

Dollar Value Millage Increase $ 1,191,697

Estimated Dollar Value – Expenditure Growth $ 1,984,725

Estimated Allowable % Expenditure Growth($1,984,725 ÷ 41,476,706) 4.8%

Consumer Price Index – February 2006 4.4%

Average Tax Increase for Taxpayer with HomeValued at $74,359 x 1.4918 Mills = $ 110.93

FINANCIAL SUMMARY

2002-03 2003-04 2004-05 2005-06 2005-06 2006-07Actual Actual Actual Budget Estimate Budget

Revenue from Local Sources $23,820,670.74 $25,453,891.99 $ 26,484,675 $ 26,958,341 $27,301,598 $28,501,33467% 67.7% 66.1% 66% 66.3% 66.0%

Revenue from State Sources 10,758,429.13 11,020,163.04 12,054,573 12,287,338 12,254,861 13,106,06130.3% 29.3% 30.1% 30.1% 29.8% 30.4%

Revenue from Federal Sources 945,609.38 1,117,743.51 1,212,145 1,606,915 1,624,078 1,557,8672.7% 3.0% 3.0% 3.9% 3.9% 3.6%

Revenue from Other Finance Sources

Proceeds Extended Term Financing 325,000.8%

Total Receipts $35,524,709.25 $37,591,798.54 $ 40,076,393 $ 40,852,594 $41,180,537 $43,165,262

Beginning Fund Balance 3,494,733.36 3,170,420.79 3,287,356 624,112 3,957,487 500,253

Total Funds Available $39,019,442.61 $40,762,219.33 $ 43,363,749 $ 41,476,706 $45,138,024 $43,665,515

Less Disbursements 35,849,021.82 37,474,862.93 39,406,262 41,476,706 41,860,180 43,665,515

Balance $ 3,170,420.79 $ 3,287,356.40 $ 3,957,487 $ -0- $ 3,277,844 $ -0-

NOTE: 1 Mill = $798,832

FINANCIAL SUMMARY

Budget Estimate Increase2006-07 2005-06 (Decrease)

Local Revenue $28,501,334 $27,301,598 $ 1,199,736

State Revenue 13,106,061 12,254,861 851,200

Federal Revenue 1,557,867 1,624,078 ( 66,211)

Estimated Revenue $43,165,262 $41,180,537 $ 1,984,725

LESS:Estimated Expenditures 43,665,515 41,860,180 1,805,335

Estimated FundsRequired ($ 500,253) ($ 679,643) $ 179,390

Fund Balance 500,253 679,643 ( 179,390)

Balance $ -0- $ -0- $ -0-

1 Mill = $798,832

POTTSTOWN SCHOOL DISTRICTREVENUE HIGHLIGHTS

REVENUE HIGHLIGHTS

2006-07 2005-06 IncreaseBudget Estimate (Decrease)

Local Revenue:

Real Estate Taxes $23,676,266 $22,445,004 $1,231,262

Interim Real Estate Taxes 40,000 148,500 ( 108,500)

Earned Income Tax 1,565,500 1,550,000 15,500

Real Estate Transfer Tax 490,000 475,000 15,000

Delinquent Real Estate Tax 850,000 900,000 ( 50,000)

Interest Income 560,000 530,000 30,000

Tuition 105,000 36,393 68,607

Total Local Revenue Highlights $27,286,766 $26,084,897 $1,201,869

REVENUE HIGHLIGHTS


State Revenue:

Basic Education Subsidy $ 7,557,060 $ 7,111,149 $445,911

Charter School Reimbursement 258,516 240,000 18,516

Special Education Subsidy 1,782,264 1,737,690 44,574

Accountability Block Grant 537,124 416,858 120,266

State Grants 60,400 75,641 ( 15,241)

State Share Social Security 777,340 741,690 35,650

State Share Retirement 671,124 472,013 199,111

Total State Revenue Highlights $11,643,828 $10,795,041 $848,878

REVENUE HIGHLIGHTS


Federal Revenue:

Title I, IIA, V $ 795,342 $ 773,125 $ 22,217

CSR Grant 13,564 42,968 ( 29,404)

21st Century 487,139 559,926 ( 72,787)

Access Grant 124,004 112,929 11,075

Total Federal Revenue Highlights $ 1,420,049 $ 1,488,948 ($ 68,899)

Total Revenue Highlights $1,981,757

TOTAL ALL REVENUES $43,165,262 $41,180,537 $1,984,725

REAL ESTATE TAXES2001-2002 2002-03 2003-04 2004-05 2005-06 2006-07Actual Actual Actual Actual Estimate Budget

Assessed Valuation $811,270,791 $810,501,750 $806,218,259 $834,552,793 $830,652,577 $833,587,557

Tax Levy in Mills 23.8749 25.9101 26.3896 27.0565 28.1468 29.6386

Tax Levy 19,369,009 21,000,181 21,275,777 22,580,079 23,380,212 24,706,368

Actual/Estimated Collections 18,259,031 19,582,291 19,945,137 21,583,899 22,445,004 23,676,266

Percent of Collection-Year 94.3% 93.2% 93.7% 95.6% 96% 96%

Percent of Collection-March 92.9% 91.7% 92.3% 93.0% 94.4%

Value of Mill 764,779 755,778 755,795 797,734 797,426 798,832(Line 4 ÷ Line 2)

Total Amount Collected $ 253,904 $ 326,160 305,704 579,411 385,000(April-June)

EARNED INCOME TAXES

2001-2002 2002-03 2003-04 2004-05 2005-06Actual Actual Actual Actual Estimate

Total Receipts $2,995,687 $ 2,868,066 $ 3,066,928 $ 3,243,154 $ 3,297,632

LESS:Claims Paid 179,749 8,764 11,081 12,296 12,500Distributions (Other Collectors) 1,255,665 1,378,816 1,542,029 1,755,745 1,735,132

Net Collections - June 30 $1,560,273 $ 1,480,486 $ 1,513,818 $ 1,475,113 $ 1,550,000Percent of CollectionsRetained 52.1% 51.6% 49.4% 45.5% 47.0%

As of March 31Total Receipts $2,070,920 $ 2,046,944 $ 2,221,082 $ 2,352,633 $ 2,397,632

LESS:Claims Paid 78,908 1,888 2,696 2,468 1,785Distributions(Other Collectors) 924,820 1,034,233 1,197,577 1,368,718 1,346,541

Net Collections-March 31 $1,067,192 $ 1,010,823 $ 1,020,809 $ 981,447 $ 1,049,306

2006-07 RETIREMENT RATEThe Pennsylvania Public School Employee’s Retirement System Board, on Friday, December 9, 2005, set the newrate for the 2006-2007 employer retirement contribution. It will be increased from 4.69 to 6.46. The following is how this will affect the district based on 2005-2006 salaries:

2006-2007 Proposed Rate 6.46%2005-2006 Rate 4.69%Increase 1.77%% Increase 37.74%2005-2006 Estimated Retirement Wages $20,116,546

2005-06 2005-06 2006-07

Estimated Retirement Wages $20,128,507 $20,128,507 $20, 860,960

Retirement Rates .0469 .0646 .0646

Estimated Retirement Costs $ 944,027 $ 1,300,302 $ 1,347,618

Increased Retirement Costs $ 356,275 $ 403,591

% Increase 37.74% 42.75%

State Share of Increase $ 178,137 $ 201,795

Pottstown Share of Increase $ 178,138 $ 201,796

Pottstown School DistrictBudget Analysis by Object

2006-07 2006-07 2006-07Budget Increase to 2005-06 2005-06 Increase to 2004-05

% of Total 2005-06 Budget Estimate 2005-06 Est. Actual

100 Personnel Services 21,629,105 862,676 20,766,429 20,772,203 856,902 20,220,411 Salaries 49.53% 4.15% 4.13%

200 Personnel Services 7,212,999 703,218 6,509,781 6,500,826 712,173 6,007,212 Fringe Benefits 16.52% 10.80% 10.96%

300 Contracted 1,668,686 (88,329) 1,757,015 2,159,313 (490,627) 1,976,408 Professional Services 3.82% -5.03% -22.72%




400 Other Contracted 1,392,195 (51,877) 1,444,072 1,507,876 (115,681) 1,442,876 Services 3.19% -3.59% -7.67%

500 Other Purchased 4,937,676 686,917 4,250,759 4,533,666 404,010 3,882,248 Services 11.31% 16.16% 8.91%

600 Supplies 2,180,061 404,032 1,776,029 1,739,729 440,332 1,603,155 4.99% 22.75% 25.31%




700 Property & Equipment 338,614 229,627 108,987 388,470 (49,856) 404,983 0.78% 210.69% -12.83%

800 Other Objects 52,735 (25,525) 78,260 52,085 650 65,110 Dues & Fees 0.12% -32.62% 1.25%

Debt Service 3,191,221 (394,263) 3,585,484 3,201,970 (10,749) 3,150,628 7.31% -11.00% - -0.34%




Athletic Fund Contribution 457,202 20,600 436,602 434,206 22,996 440,000 1.05% 4.72% 5.30%

Data Processing Fund 189,021 (16,317) 205,338 201,836 (12,815) 192,420 0.43% -7.95% -6.35%

Food Service Fund 7,000 - 7,000 11,000 6,387 0.02% 0.00%




Capital Reserve 9,000 (131,950) 140,950 134,000 (125,000) 8,426 0.02% -93.28%

Capital Projects - (10,000) 10,000 223,000 (223,000) 6,000 0.00%

Budget Reserve 400,000 - 400,000 - 400,000 - 0.92%

43,665,516 2,188,810 41,476,706 41,860,180 1,805,336 39,406,262 5.28% 4.31%

POTTSTOWN SCHOOL DISTRICTNEW PERSONNEL2006-07 BUDGET

2006-07 NEW PERSONNELAmount Mills

Staff DevelopmentLiteracy Coach (LTS)-Grant Funded

Salary $35,963Benefits 12,099 $ 48,062 .0602

Accountability Block Grant Funded ($48,062) (.0602)

Literacy Coach (Math) (LTS)

Salary $35,963Benefits 12,099 $ 48,062 .0602

2006-07 NEW PERSONNEL

Amount Mills

Special EducationLSS Teacher-Elementary-Grant Funded

Salary $41,200Benefits $13,131 $54,331 .0680

IDEA Grant (54,331) (.0680)

LSS Teacher-SecondarySalary $41,200Benefits $13,131 $54,331 .0680

2006-07 NEW PERSONNEL

Amount MillsEstimated Savings-LSS Tuition

Elementary $88,950Secondary 51,600 ( 140,550) (.1759)

Guidance ServicesMiddle School

Part-Time Guidance Secretaryto Full-Time (.5) 15,235 .0191

Support Services2-Occupational Therapists #1 67,221 .0841

#2 67,221 .08411-Physical Therapist 67,221 .0841

LESS: Estimated Contract Cost ( 197,830) (.2476)

Total Estimated Cost – New Personnel ($ 19,089) (.0239)

POTTSTOWN SCHOOL DISTRICT2006-07

EXPENDITURE HIGHLIGHTS

2006-07 EXPENDITURE HIGHLIGHTS

Amount Mills

Curriculum Budget

Language Arts Adoption:Elementary $128,000Middle School 8,397High School 11,557 $147,594 .1852

Foreign Language Adoption:Middle School $ 1,626High School 4,832 6,458 .0081


Amount Mills

Guidance BudgetAP Test Payments $ 7,462 .0093

Technology BudgetLincoln School TV Initiative-Equipment 12,000 .015Data Management Student Assessment

and Curriculum Software 59,006 .0739

ILS Replacement/Upgrade5 Elementary Buildings @ $30,000 150,000 .1878

Infrastructure Upgrades-NetworkSwitches 85,000 .1064

Replace 150 PC’s @ High School 142,000 .1778School Book Software 12,064 .0151


Amount Mills

Library BudgetLibrary Books $ 45,000 .0563

Staff DevelopmentContracted Literacy Coordinator 6,500 .0081

Support OperationsSubstitute Caller System:

Annual Cost $ 5,679One Time Setup 2,500

$ 8,179Cost-Current System 6,200 1,979 .0025

Occupation/Physical Therapist Supplies 6,600 .0083


Amount Mills

Maintenance Budget – BuildingsContracted Services:

Maintenance Building:Roof Repairs $ 2,700 .0034

Barth Elementary School:Roof Repairs over Exterior Doors 1,500 .0019

Edgewood Elementary School:Repair Leaking Boiler 4,000 .0050

Franklin Elementary School:Move Adm. Bldg. Boiler to Franklin 20,000 .0250Replace Columbia Boiler


Amount Mills

Lincoln Elementary School:Recoat Library Roof $ 4,400 .0055

Rupert Elementary School:Magnetic Door Lock 3,800 .0047

Pottstown Middle School:Upgrade Security System 2,000 .0025

Pottstown High School:Recoat Stage Roof 5,000 .0063Replace 2 Security Gates 2,400 .0030


Amount MillSupplies:

Maintenance Building:Roof Repair Materials 4,850 .0061

Edgewood Elementary School:Panic Door Hardware-Bus Entrance 3,000 .0037

Rupert Elementary School:Doors and Hardware 2,500 .0031

Exterior Basement Gate 2,000 .0025

Pottstown High School:2 Sets Exterior Doors 5,400 .0067


Amount Mills

Maintenance Budget – GroundsContracted Services:Administration Building:

Replace Front Sidewalk & Landing $ 5,900 .0074

Franklin Elementary School:Replace Baseball Backstop 4,400 .0055

Rupert Elementary School:Remove 2 Trees 2,000 .0025


Amount Mills

Maintenance Budget – EquipmentReplace John Deere Riding Mower 11,000 .013818’ Equipment Hauling Trailer 2,500 .0031

Security BudgetSafe Schools Equipment 3,000 .0037

Total Proposed Additional Budget Items $772,013 .9664

POTTSTOWN SCHOOL DISTRICTEXPENDITURE ADJUSTMENTS

2006-2007 BUDGETPRIORITY #2 ITEMS DELETED FROM BUDGET

NEW PERSONNEL Amount Mills

Deficit($1,498,189) (1.875.8)

Regular EducationIST Teacher $ 52,356 .0655IST Coach 28,343 .0355

Special Education(2) Special Education Assistants 57,976 .0726

Technology BudgetRetirement – Eliminate Position through Attrition 12,614 .0158

Curriculum BudgetInternet II

Equipment 6,400 .0080

Virtual High SchoolFees $ 2,000Training 1,500 3,500 .0044

Amount MillsMaintenance Budget – Buildings

Contracted Services:Administration Building:

Fabricate/install hand rails (4) 2,500 .0031

Pottstown Middle School:Extend Gas Vent Pipes 3,500 .0044

Supplies:Administration Building:

Boiler Room Door 1,100 .0014

Rupert Elementary School:Exterior Basement Gate 2,000 .0025

Pottstown Middle School:1 Set Exterior Doors-S.E. Corner 1,500 .001930 Paper Towel Dispensers 1,500 .0019

Equipment:Pottstown High School:

Floor Finish Applicator 950 .0012

Maintenance Budget – GroundsContracted Services:Edgewood Elementary School:

Security Fence 4,500 .0056

Lincoln Elementary School:Patch Asphalt Dumpster 750 .0009

Amount Mills

Maintenance Budget – GroundsContracted Services - Continued:Pottstown Middle School:

Replace Concrete Landing S.W. Corner 2,000 .0025

Ground Supplies:Franklin Elementary School:

Infield Mix 1,000 .0013

Maintenance Budget – EquipmentLeaf Collection Machine 5,100 .0064

Athletic Budget:Reduce to 5.3% Index 5,150 .0064

TOTAL PRIORITY #2 ITEMS $192,739 .2255

Deficit ($1,498,189)Priority #2 Items 192,739

Revised Deficit ($1,305,450)

(1,305,450) ÷ $798,832 = 1.6342 or 5.81%

CAPITAL RESERVE

Amount Mills

Maintenance Budget – Equipment:Maintenance

Replace John Deere Riding Mower $11,000 .013818’ Equipment Hauling Trailer 2,500 .0031

TOTAL BUDGET ITEMS – UTILIZE CAPITAL RESERVE $13,500 .0169

Deficit ( 1,305,450)Capital Reserve 13,500

($1,291,950)

(1,291,950) ÷ $798,832 = 1.6173 or 5.75%

FUND BALANCE

Amount Mills

Technology Budget:High School

Utilize Fund Balance to Purchase ReplacementPC’s at the High School $100,253 .1255

Total Estimated Cost $142,000Fund Balance 100,253 – 70%General Fund $ 41,747 – 30%

Deficit ( 1,291,950)Fund Balance 100,253Revised Deficit ($1,191,657)

(1,191,697) ÷ $798,832 = 1.4918 or 5.3%

ESTIMATED FUND BALANCE

Estimated Fund Balance, June 30, 2006 $ 3,277,844

PLUS:Estimated Revenue – 2006-07 43,165,262

LESS:Estimated Expenditures $43,165,262

Fund Balance Expenditures:General Fund Expenditures 100,253 43,265,515

Estimated Fund Balance, June 30, 2007 $ 3,177,591

$3,177,591 ÷ $43,265,515 = 7.34%

NOTE: Expenditures and Revenues do not include $400,000 for Budgetary Reserve. We include $400,000 from Fund Balance to fund the Budetary Reserve.

pottstown school district 2006-07 budget budget 5-4-06.pdfpottstown school district ... ap test...

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