2013 Mill LevyFACTS

Presented:June 3, 2013Lincoln Elementary SchoolCommunity Information Meeting

How is the 2013-2014 budget need determined?

Last year’s general fund

budget amount$64,285,612Included the use of

reserves of $598,579

Anticipated estimated increases:

Minimum WageSalary ScheduleHealth Insurance

Operational CostsEtc.

$1,259,350

New general fund budget amount needed to

maintain comprehensive programming and

staffing

$65,544,962+ =

How is revenue determined?

Last year’s local and state

allocations w/o reserves$63,687,033

Additional STATE

FUNDING:Factors:

*Enrollment*Funding Formula ChangesSB 175

$971,131 -$104,950

flow through data $

$866,181

New amount $64,553,214+ =

Compare the two:

Last year’s general fund budget amount

Anticipated estimated increases:Minimum WageSalary Schedule

InsuranceOperational costs

Etc.

New general fund budget amount needed$65,544,962

Last year’s local and state

allocationsState

FundingNew revenue

amount $64,553,214

$991,748 SHORTFALL

=

=

+

+

Budget CommitteeCommunity Members School Staff Members• Audrey Finlayson Fred Anderson• Barbara Going Scott Gray• R.J. Haffner Ryan Hart• Carol Juneau Debbie Holman• Vinney Purpura Kerry Parsons• Janet Smith Laurie Pipinich• Dana Sondergaard• Sherri Lauver• Ann Janikula• Bob Moretti• Mike Picking

Thursday, January 24 Thursday, March 7Thursday, February 21 Thursday, March 14Thursday, February 28

• $991,748 Shortfall

+• 3 Ours• $842,000

= • $1,833,748 needed

• $1,833,748 needed

-• Use of reserves again (Impact Aid)• $600,000

-• Staffing cuts that can be made as per enrollment• $252,000

=• Shortfall• $981,748

Levy• $981,748

Balanced Approach:reserves, cuts and levy

Levy Increase over State Allocation: 1.5%

Frequently Asked Questions

Q: Why doesn’t the District just spend its reserves?A: Most reserves are not savings accounts. They are flow-through accounts and can’t be spent on general fund expenditures. They are restricted in their use.The District has no bond debt that tax payers have to pay for because the reserves that can be spent are spent on maintaining assets (like buildings). If spend ALL reserves, then what? BIG levies needed to pay for the on-going costs.Spendable reserves put into general fund budget--

2010 to 20132010 $937,1932011 $1,054,5162012 $598,5792013 $600,000Total $3,190,288

Great Falls Public Schools ENDING FUND BALANCES – June 30, 2012

Each fiscal year, the district is required to complete a financial breakdown of ending fund balances in all funds. As of 2011, the Governmental Accounting Standards Board (GASB 54) required that ending fund balances must be categorized into more specific, easier to understand fund balances rather than just being classified as an ending fund balance amount. It also delineates the extent to which a government is bound to observe constraints imposed upon the use of the resources. Below is a category description and listing of fund balances as of June 30, 2012.

The ending fund balance information is a combination of both the audited financial statements and Trustees Financial Summary (TFS). The TFS is the final closeout of a fiscal year. During the audit process, combinations of funds are reported together which may lead to a small discrepancies

between the two reports. (The county superintendents annual report of balances listed in the newspaper may not reflect audit adjustments depending on the nature of the adjustment.)

Nonspendable - $1,216,680 Resources not in a spendable form or Are legally required to be maintained intact.

Prepaid Insurance $522,516 Warehouse Inventory $120,337 Endowment $482,587 School Food Inventory $91,240

Restricted - $19,949,694 Constraint EXTERNALLY imposed by third party (grantor, contributor, etc.) State Constitution or by enabling legislation. Legally

enforceable by external parties.

*Impact Aid $10,097,644 Transportation $627,908 Interlocal Agreement $110,000 Student Activities $1,863,675 Compensated Absence $626,945 Private Purpose Trust $77,005 Building Fund $1,492,444 Traffic Education $574,974 Rental Fund $33,175 Retirement $1,343,178 *Flexibility Fund $467,545 Debt Service $909 School Food Service $1,113,757 Adult Education $297,062 Technology Fund $1,077,978 Building Reserve $145,495

Committed - $6,521,180 Constraint INTERNALLY imposed by local government’s highest level of authority (Council, Board, etc.) of formal action using

the highest level of decision making authority.

General Fund – reserves $6,521,180

Assigned - $11,606,090 Constraint is an INTERNAL expression of intent by governing body or authorized official.

Rate Stabilization Reserve $5,213,140 Federal/State Grants $617,578 Medicaid $2,280,079 Athletics Revenue Enhancement $340,886 Skyline Ride $920,760 Print Center $186,798 Indirect Costs $870,961 Tuition Transfer $153,283 OTO Kindergarten $768,565 Swimming Pool $147,961 General Fund (Encumbrances) $749,110 Internal Projects – mini grants $125,534

Unassigned - $56,472 No constraints.

General Fund – cash re-appropriated $56,472

Flex

ibili

ty in

Spe

ndin

g

• Can’t the District easily cut more?

Reductions and cuts--2008-20132008-2009 $2,650,000 2009-2010 $614,894 2010-2011 $311,635 2011-2012 $1,800,000 2012-2013 $500,000

Total $5,876,529

• 50 teachers cut in the last 5 years• 6 clerical staff members in the last 6 years• Several aides and paraprofessionals cut as well

Q: The District asks for a levy every year. Why?

A: In the last 7 years, a levy has been requested 4 times. Of those 4 times, the levy passed twice. In the last 7 years, taxpayers have had to pay additional taxes for their public schools twice. From the 98/99 school year to the 05/06 school year, a levy was passed each year.

     

   

FISCAL YEAR   TOTAL K-12

  VOTED LEVY VOTED LEVY

  Approved Applied

1998-1999 22.82 mills 22.47 mills

  $2,087,286 $2,087,286

1999-2000 22.63 mills 22.74 mills

  $2,052,767 $2,052,767

2000-2001 13.24 mills 5.35 mills

  $1,200,029 $459,556

2001-2002 8.84 mills 8.86 mills

  $ 749,681 $749,681

2002-2003 6.55 mills 6.51 mills

  $ 559,141 $555,388

2003-2004 10.46 mills 6.80 mills

  $ 905,985 $586,775

2004-2005 8.55 mills 8.19 mills

  $ 753,271 $729,371

2005-2006 8.32. mills 0 mills

  $ 732,664 $0

2006-2007 No levy 0 mills

  $0 $0 2007-2008 19.45 mills 6.15 mills

  $ 1,835,264 $596,534

2008-2009 Levy failed 0 Mills

  $0 $0 2009-2010 No levy 0 Mills

  $0 $0 2010-2011 8.62 mills 8.18 mills

  $ 895,150 $895,150

2011-2012 Levy failed 0 mills

(SB 329) $0 $02012-2013 No levy 0 mills  $0 $0

Q: Great Falls seems to spend a lot on education. How does it compare to other AA districts?A: Great Falls spends the lowest per student of all AA districts.

GF Kalispell Helena Billings Butte Missoula Bozeman$0

$2,000

$4,000

$6,000

$8,000

$10,000

$12,000

$8,701 $9,050 $9,108 $9,121 $9,266$10,406 $10,541

General Fund Spent by AA Districts Per Student

…and our students are challenged by poverty more than other AA districts.

GF Butte Missoula Billiings Helena Kalispell Bozeman0.00

10.00

20.00

30.00

40.00

50.00

60.00

Free/Reduced Lunch Eligibility = Poverty Indicator for K-8

…which also impacts drop-out rates.

Q: Aren’t our district teachers and administrators paid too much?A: GFPS salaries are the 3rd lowest of AA districts.

Butte

Kalisp

ell GF

Missou

la

Billings

Helena

Bozem

an $-

$10,000 $20,000 $30,000 $40,000 $50,000 $60,000 $70,000 $80,000

StartingHigh

Billings

Kalisp

ell

Great F

alls

Helena

Missou

laButt

e

Bozem

an$0.00

$20.00$40.00$60.00$80.00

$100.00$120.00$140.00$160.00$180.00

Teachers by Salary

Superintendent by Salary

Administrators by Student: Assistant Superintendents, Directors (Business, Student Services, HR, Technology, Curriculum), Coordinators (HPE/Athletics, Special Education), Supervisor of B&G

Superintendent by Student

Butte

Kalisp

ell GF

Bozem

an

Helena

Missou

la

Billings

$- $20,000 $40,000 $60,000 $80,000

$100,000 $120,000 $140,000 $160,000 $180,000

Billings GF

Helena

Missou

la

Kalisp

ell

Bozem

anButt

e $-

$5.00

$10.00

$15.00

$20.00

$25.00

$30.00

$Pe

r Stu

dent

A few last things…• Ballots mailed to voters on June 10.

• Be sure to mail your ballot by June 21 for the June 25 election.

• Ballots may be dropped off at the Expo Park on June 25.

• Check out the District’s levy website for more information: www.gfps.k12.mt.us