$70,142,119 total reductions reduced by $32.54 million ◦ 190 unfilled district positions ◦...
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General
Fund49%
Food Service3%
Federal/State Grants5%
Debt Ser-vice3%
Capi-tal
Projects
29%
Internal Service Fund9%
Internal Accounts 1%
2008-2009 Polk County Schools Budget
PCSB Administrative Costs
Dist A Dist B Dist C Dist D Dist E Dist F Dist G Polk Dist H Dist I Average$0.00
$100.00
$200.00
$300.00
$400.00
$500.00
$600.00
$700.00
School District Administartive Costs
RLE Millage Rate History
1996199719981999200020012002200320042005200620072008
4.5
5
5.5
6
6.5
76.82599999999998
6.6716.56799999999998
6.312
6.0865.962
5.83
5.5785.477
5.31799999999998
5.01
4.752
5.136
Polk County Property Values
2004
2005
2006
2007
2008
$20,652,469,735
$23,625,881,100
$30,014,236,274
$35,357,641,301
$36,847,154,973
Dollars
Year
July 2007 December 2008 $-
$100,000,000
$200,000,000
$300,000,000
$400,000,000
$500,000,000
$600,000,000
$700,000,000
$800,000,000
$503,306,248
$418,857,300
$173,380,616
$205,968,227
State Local
Shift from State to Local Funding
Reduced by $32.54 million◦ 190 Unfilled district positions◦ Contingency Fund eliminated◦ Departmental Capital Equipment budgets
eliminated◦ Vehicle Replacements eliminated◦ Dept budgets reduced
2007/2008 Budget Reductions
Reduced by $9.8 million◦ 4 Days/10 Hours Work Week◦ Middle & High School Scheduling Model◦ Reduced most dept budgets by 10%◦ Reduce Athletic contests to FHSAA minimum◦ Consolidated 4 ESE County wide programs into
1 School◦ Property Insurance Coverage◦ Charge actual costs for all field trips
2008-2009 Budget Reductions
January 2009 Reduction of $17.29 million◦ Eliminate All Staffing Reserves◦ Discontinue Early Retirement Program◦ Reduce 08/09 Contingency Funds◦ Reduce FTE Shortfall Reserve◦ Reduce School Lottery Funding to $5/student
Additional 2008-2009 Reductions
2008-2009 Fiscal Year◦ DOE projects 2% additional reduction by June 30th
which equals $12.6 million 2009-2010 Fiscal Year
◦ DOE instructs to develop budget with 15% reduction in State & Local Revenues $92.9 million
Anticipating 8% to 10% loss in Assessed Property Valuation = $2.9 Billion
Total Reductions since July 2007 $165.14 million
Additional Funding Reductions
1% Salary Reduction = $5 million 1 Day of work for all staff = $2.179 million Career Academies Reducing School support services
◦ Professional Development◦ Curriculum◦ Maintenance
Class Size – move to school average Loss in funding for 09/10 = 1,730 positions Reducing or Eliminating Programs
Funding Considerations