2011-2012 Budget Review - Neenah Joint School District
2011-2012 Budget Review - Neenah Joint School District
2011-2012 Budget Review - Neenah Joint School District
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<strong>Neenah</strong> <strong>Joint</strong> <strong>School</strong> <strong>District</strong><strong>2011</strong>-12 <strong>Budget</strong>In a nutshell…….2010-11 <strong>2011</strong>-12<strong>Budget</strong> <strong>Budget</strong> DifferenceTotal expenditures (all funds) $88,058,399 $80,263,238 (8.52%)Total Tax Levy (all funds) 32,504,202 31,723,955 (2.40%)General Equalization Aid 32,521,540 29,275,011 (9.98%)Equalized Valuation 3,688,525,388 3,702,397,189 0.38%Equalized Tax Rate 8.81 8.57 (2.72%)Total <strong>District</strong> Staff (FTE) 667.45 653.35 (14.10)
Net effect of Wisconsin Act 10(projected savings in <strong>2011</strong>-12) Medical/Dental/Drug – increase employee premiumcontributions -$588,191 Employee contribution to WI Retire (WRS) -$1,509,829 Revise teacher salary schedule (steps) -$410,000
Revenue Summary<strong>2011</strong>-12 <strong>Budget</strong>Funds 10,11,27,38,39,41
Where our revenues came from five years ago…….Revenue Summary2006-07 <strong>Budget</strong>Funds 10,11,27,38,39,41
The tax rate per $1000 of equalized valuation for <strong>Neenah</strong> taxpayers has decreasedsteadily since 1995-96. The voter approved referendum to exceed revenue limitsadded $0.73, $0.59, and $0.32 to the school tax rates in 2007-08, 2008-09, and2009-10, respectively. The current tax rate estimate for <strong>2011</strong>-12 is $8.57 perthousand; however, the Board of Education has until November 1, <strong>2011</strong> to certifythe school property tax levy.
Open Enrollment HistoryTransferred Transferred Transfer Revenue Revenue Approximate<strong>School</strong> Year In Out Difference Amount Gain $ Loss $ Difference2001-02 74 58 16 $5,059 $374,366 ($293,422) $80,9442002-03 82 59 23 $5,241 $429,762 ($309,219) $120,5432003-04 92 102 (10) $5,446 $501,032 ($555,492) ($54,460)2004-05 105 131 (26) $5,496 $577,080 ($719,976) ($142,896)2005-06 124 119 5 $5,682 $704,568 ($676,158) $28,4102006-07 130 138 (8) $5,845 $759,850 ($806,610) ($46,760)2007-08 126 164 (38) $6,007 $756,882 ($985,148) ($228,266)2008-09 92 191 (99) $6,225 $572,700 ($1,188,975) ($616,275)2009-10 125 196 (71) $6,498 $812,250 ($1,273,608) ($461,358)2010-11 167 199 (32) $6,665 $1,113,055 ($1,326,335) ($213,280)<strong>2011</strong>-12** 169 228 (59) $6,948 1,174,212 (1,584,144) ($409,932)Totals ($1,943,330)**Estimates for <strong>2011</strong>-12
Various categories of staff have seensignificant reductions since 2000-01(FTE)2000-01 <strong>2011</strong>-12 ChangeProfessional Staff 476.4 419.8 - 56.6 (-11.9%)Ed/Administrative Asst 148.6 139.4 - 9.2 (-6.2%)Administrators 27.0 25.0 - 2.0 (-7.4%)
<strong>Neenah</strong> compares favorably to conference and similar-sized districtswhen discussing general fund balance (2009-10)Source: DPI<strong>District</strong>2009-10Expenditures2009-10 GeneralFund balanceFund balanceas a percent ofexpendituresAppleton 148,879,236 15,088,929 10.1%Oshkosh 96,155,625 10,344,916 10.8%Stevens Point 82,943,976 16,804,749 20.3%Fond du Lac 73,417,238 12,343,242 16.8%West Bend 63,269,905 13,694,422 21.6%<strong>Neenah</strong> 63,196,875 13,487,172 21.3%Middleton-Cross Plains 62,056,278 12,297,579 19.8%Wisconsin Rapids 62,015,127 4,769,767 7.7%Manitowoc 53,839,730 12,885,844 23.9%Kaukauna 41,227,520 3,486,487 8.5%Kimberly 40,638,434 7,088,212 17.4%Menasha 38,662,391 12,343,242 31.9%
Several Capital Projects included in the<strong>2011</strong>-12 <strong>Budget</strong>, and authorized by theBoard, have been completed
Roof replacement at NHS eliminates potential water damage inside the building
New lockers at NHS allows students to store clothing and books safely and securely
Remodeled science lab at NHS provides more opportunities for students
New bathroom facilities at Soccer complex built at no expense to taxpayers
NEENAH JOINT SCHOOL DISTRICTSCHEDULE OF DEBT SERVICE PAYMENTS
Balance at July 1, 2010 $135,025.38Net contributions 2,123,421.68Investment Earnings 90,448.58Balance at June 30, <strong>2011</strong> $2,348,895.64
<strong>District</strong> taxpayers should be proud ofthe budget that is being presented: High student achievement (test scores,blue ribbon schools) Manageable class sizes, including lowkindergarten class sizes Healthy fund balance Well maintained, yet aging, facilities Extremely low level of long term debt Continue to address employee benefits(OPEB)
….but future budgets will requirecontinued scrutiny Amount of state and federal funding(State and federal funding formulas) Salary and Benefits Political turmoil in Madison andWashington, D.C. Student Enrollment Technology budget Maintenance budget
<strong>Neenah</strong> <strong>Joint</strong> <strong>School</strong> <strong>District</strong><strong>2011</strong>-12 <strong>Budget</strong> Questions Comments Suggestions
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