report to the community narrated
DESCRIPTION
The 'Report to the Community' provides specific information about the state of the school district and district finances.TRANSCRIPT
![Page 1: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/1.jpg)
Report to the Community
Madeira City SchoolsOctober 2011
![Page 2: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/2.jpg)
Madeira City Schools rated Excellent for the
12th straight year!
![Page 3: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/3.jpg)
Scholarships Top State Rankings College Board, News Week U.S. News & World Report U.S. Dept. of Education Blue Ribbon Business Partnerships
![Page 4: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/4.jpg)
Performance Index Trend
105.6 105.3107.3 106.5
107.6109.2
109.7
110.2
98
100
102
104
106
108
110
112
![Page 5: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/5.jpg)
Benchmarking with other Districts
District Name (County) Performance Index2010-11
Indian Hill (Hamilton) 111
Wyoming (Hamilton) 110.9
Rocky River (Cuyahoga) 110.9
Solon (Cuyahoga) 110.7
Ottawa Hills (Lucas) 110.4
Mason (Warren) 110.3
Madeira (Hamilton) 110.2
Oakwood (Montgomery) 110.2
Minster Local (Auglaize) 109.8
Mariemont (Hamilton) 109.4
![Page 6: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/6.jpg)
The Basics
Proposed Levy
6.9 mill Operating levy
$2.18 million per year to district
Cost
$209 per $100,000 HCA market value
$157 per $100,000 for residents 65 or over
![Page 7: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/7.jpg)
Madeira Revenue
$15.2 million Fiscal Year 2012
68.6%
19.2%
12.3% Local Taxes
State Funding
Homestead/Rollback
Other Revenue <.1%
![Page 8: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/8.jpg)
Revenue ChangesState & Federal Revenue Reductions
Elimination of $1.1 million $334,000 - Business tax
$109,000 - Electric dereg. reimbursement
$353,000 - State school funding
$300,000 - Federal stimulus funds
![Page 9: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/9.jpg)
Revenue Forecast
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
2009 2010 2011 2012 2013 2014 2015 2016
State & Local Revenue
Local Revenue
State Revenue
![Page 10: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/10.jpg)
Madeira Expenses$16.2 million
57.9%
17.9%
18.0%
6.1%
Fiscal Year 2012 Expenses
Salaries
Benefits
Purchased Services
Materials, Equip, Capital
![Page 11: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/11.jpg)
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
2008 2009 2010 2011 2012
Salaries
Benefits
Purch Serv, Supplies, & EquipAll Other
2.4%
Avg.
Expense Trends
![Page 12: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/12.jpg)
Benchmarking
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
Madeira Wyoming Mariemont Sycamore Indian Hill
2006-07
2007-08
2008-09
2009-10
Per Pupil Expenditure
![Page 13: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/13.jpg)
Total Revenue & Expenses
12,000
13,000
14,000
15,000
16,000
17,000
2006 2007 2008 2009 2010 2011 2012
Total Revenue Total Expenses
![Page 14: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/14.jpg)
Belt Tightening
0% increase in salary schedule
Healthcare consortium- managed increases to a 3% avg. over six years
Privatized/outsourced custodial, transportation, food service
$150,000 Energy savings
Renegotiated contracts and reduced positions
![Page 15: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/15.jpg)
A Decade of Success……2000-2010
![Page 16: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/16.jpg)
Standard of Care
Protecting our investment
Proactive planning
Communication
Alignment of Resources
![Page 17: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/17.jpg)
The Bottom Line …
High levels of student achievement
70% of district revenue is from local property taxes
5 years since last levy
Efficient management of resources
$1.1 million in revenue reductions
Successful Schools, Successful Madeira
![Page 18: Report to the community narrated](https://reader034.vdocuments.us/reader034/viewer/2022052623/559c8a241a28ab7e098b4586/html5/thumbnails/18.jpg)
Questions & Additional Information
If you have additional questions or would like more information, please call the Board of Education office at 985-6070 or email:
Steve Kramer, [email protected]
Kenji Matsudo, Assistant [email protected]
Susan Crabill, [email protected]
Or visit the Finance link at www.madeiracityschools.org