cape cod regional technical high school january 28, 2014 school budget consortium presentation
TRANSCRIPT
Paul Sullivan – Brewster (Chair)Joan Bentinck-Smith – BarnstableAnn Williams – BarnstableStefan Galazzi – OrleansAnthony Tullio – Wellfleet Buck Upson – Chatham
Cape Cod Tech Finance Committee
$13,908,300
2.98% or a
$402,395 increase
Five Year History
The FY15 Increase
Fiscal Year
Budget
FY10 3.25%
FY11 1.41%
FY12 2.56%
FY13 2.79%
FY14 2.79%
Budget Categories FY15 Projected Cost
Insurances property, liability, health, dental unemployment, workers compensation and other fringe benefits $2,328,269Snow Removal and Sanding $20,000
School Resource Officer $20,000
Equipment Maintenance $176,000
Capital Building Improvements $375,000
$2,919,269 (21% of the total budget)
Costs Unique to a Regional School District
What is the Money Used For?
Building Leadership2.83%
Teacher's Salaries34.99%
Retirement2.85%
Insurance Benefits11.26%
Library A/V0.68%
Retiree Benefits3.82%
Educational Ma-terials1.46%
Guidance3.15%
Transportation4.86%
Support Services10.35%
Administration5.89%
General Insurance1.66%
Plant Operations9.38%
Supervision2.29%
Capital Requirements4.53%
Department Budget % of Total
Building Leadership $ 393,757.00 2.83%
Teacher's Salaries $ 4,866,772.00 34.99%
Retirement $ 396,910.00 2.85%
Insurance Benefits $ 1,565,967.00 11.26%
Library A/V $ 94,763.00 0.68%
Retiree Benefits $ 531,186.00 3.82%
Educational Materials $ 202,669.00 1.46%
Guidance $ 437,476.00 3.15%
Transportation $ 676,000.00 4.86%
Support Services $ 1,439,766.00 10.35%
Administration $ 819,409.00 5.89%
General Insurance $ 231,116.00 1.66%
Plant Operations $ 1,304,511.00 9.38%
Supervision $ 317,998.00 2.29%
Capital Requirements $ 630,000.00 4.53%
Total Budget $ 13,908,300.00
What is the Money Used For?
Where Does the Money Come From?
State17.91
%
As-sess-
ments
80.29%
Local1.80%
Assessments $11,166,643
State Aid$2,490,657
Local Revenue $251,000
Revenue Source vs. The Operating Budget
2008 2009 2010 2011 2012 2013 2014 2015 -
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
BudgetState AideAssessmentsLocal
What Does it Cost to Educate a Child Each Day?
FY14 FY15 $-
$20.00
$40.00
$60.00
$80.00
$100.00
$120.00 Benefits
Plant Operation
Administration
Textbooks & Supplies
Transportation
Capital
Support & Extra Curricular
Principal's Office
Teaching
$114.73 $117.96
Category FY15 FY14 Change
% Chang
e FY13 FY12 FY11
Salaries 7,611,686
7,552,939
58,747 0.78%
7,234,110
7,319,975
6,915,287
Benefits 2,569,063
2,639,037
(69,974) -2.65%
2,404,760
2,419,356
2,224,036
Materials & Services
1,683,435
1,270,010
413,425 32.55%
1,581,968
1,220,694
1,408,301
Transportation 676,000
678,000
(2,000) -0.29%
697,782
701,782
641,309
Utilities & Heating 507,000
512,000
(5,000) -0.98%
490,500
523,750
463,883
Insurance 231,116
223,919
7,197 3.21%
224,739
166,429
161,959
TOTAL OPERATING
13,278,300
12,875,905
402,395 3.13%
12,633,859
12,351,986
11,814,775
Capital Budget 630,000
630,000
- 0.0%
652,824
519,342
652,824
Total Operating & Capital
13,908,300
13,505,905
402,395 2.98%
13,286,683
12,871,328
12,467,599
Why a 2.98% Increase
Budget Cost Drivers
Salaries55%
Benefits18%
Materials & Services
12%
Transportation5%
Utilities and Heating
4%
Insurance2% Bdg Improv. & Equip.
4%
Salaries & Benefits account for 73% of the FY15 budget
Student Enrollment Per Town
Barnstable26%
Brewster6%
Chatham3%Dennis
13%
Eastham2%
Harwich11%
Mashpee9%
Orleans2%
Provincetown1%
Truro0%
Wellfleet1%
Yarmouth26%
*Enrollment as of 10/1/13
Enrollments
Students
ChangeFY15 FY14
Barnstable 168 168 0
Brewster 42 42 0
Chatham 21 23 -2
Dennis 85 93 -8
Eastham 13 14 -1
Harwich 73 85 -12
Mashpee 57 55 2
Orleans 12 14 -2
Provincetown 6 4 2
Truro 3 5 -2
Wellfleet 6 4 2
Yarmouth 168 147 21
654 654 0
Student Enrollment Change
*Based upon 10/1/13 reported enrollment data
Student Enrollment Trend
2009 2010 2011 2012 2013 2014
Students % Students % Students % Students % Students % Students %
Barnstable 199 28.30% 193 28.20% 183 26.41% 171 25.60% 168 25.69% 168 25.69%
Brewster 48 6.80% 46 6.70% 45 6.49% 39 5.84% 42 6.42% 42 6.42%
Chatham 11 1.60% 16 2.30% 18 2.60% 19 2.84% 23 3.52% 21 3.21%
Dennis 91 12.90% 94 13.70% 98 14.14% 92 13.77% 93 14.22% 85 13.00%
Eastham 14 2.00% 9 1.30% 12 1.73% 17 2.54% 14 2.14% 13 1.99%
Harwich 56 8.00% 62 9.10% 68 9.81% 74 11.08% 85 13.00% 73 11.16%
Mashpee 61 8.70% 62 9.10% 67 9.67% 62 9.28% 55 8.41% 57 8.72%
Orleans 14 2.00% 16 2.30% 18 2.60% 19 2.84% 14 2.14% 12 1.83%
Provincetown 5 0.70% 3 0.40% 5 0.72% 5 0.75% 4 0.61% 6 0.92%
Truro 4 0.60% 4 0.60% 6 0.87% 5 0.75% 5 0.76% 3 0.46%
Wellfleet 9 1.30% 5 0.70% 6 0.87% 4 0.60% 4 0.61% 6 0.92%
Yarmouth 191 27.20% 174 25.40% 166 23.95% 161 24.10% 147 22.48% 168 25.69%
703 684 693 668 654 654
The Chapter 70 Formula & Minimum Contributions
Minimum FY15 FY14** Change
Barnstable $2,206,121 $2,221,338 ($15,217)
Brewster $578,691 $601,813 ($23,122)
Chatham $289,346 $346,699 ($57,353)
Dennis $1,171,161 $1,315,102 ($143,941)
Eastham $178,011 $196,272 ($18,261)
Harwich $976,871 $1,151,475 ($174,604)
Mashpee $767,666 $723,920 $43,746
Orleans $165,040 $207,027 ($41,987)
Provincetown $78,539 $59,503 $19,036
Truro $41,335 $75,369 ($34,034)
Wellfleet $82,670 $58,436 $24,234
Yarmouth $2,199,210 $1,927,312 $271,898 District Total $8,734,661 $8,884,266 ($149,605)
** FY14 minimum is the later reported revised figures
FY15 Assessments
*FY15 Assessment based upon 10/1/13 enrollment data
FY14
EnrollmentFY15
Enrollment% FY15
Enrollment FY15 FY14 $ %
Barnstable 168 168 25.7% $ 2,830,850 $ 2,810,364 $ 20,486 0.7%
Brewster 42 42 6.4% $ 734,873 $ 702,591 $ 32,282 4.6%
Chatham 23 21 3.2% $ 374,874 $ 384,752 $ (9,878) -2.6%
Dennis 93 85 13.0% $ 1,516,993 $ 1,555,738 $ (38,745) -2.5%
Eastham 14 13 2.0% $ 230,072 $ 234,197 $ (4,125) -1.8%
Harwich 85 73 11.2% $ 1,292,954 $ 1,421,910 $ (128,956) -9.1%
Mashpee 55 57 8.7% $ 972,190 $ 920,060 $ 52,130 5.7%
Orleans 14 12 1.8% $ 217,101 $ 234,197 $ (17,096) -7.3%
Provincetown 4 6 0.9% $ 93,414 $ 66,914 $ 26,500 39.6%
Truro 5 3 0.5% $ 59,928 $ 83,641 $ (23,713) -28.4%
Wellfleet 4 6 0.9% $ 97,545 $ 66,914 $ 30,631 45.8%
Yarmouth 147 168 25.7% $ 2,745,848 $ 2,459,069 $ 286,779 11.7%
654 654 100% $ 11,166,642 $ 10,940,347 $ 226,295
2.07%