Citizens Finance Committee

Dr. Timothy MitchellRapid City Area Schools

5-29-13

Guiding Question

What must we have to provide a high quality

education for all students of the RCAS?

The Strategy

To become as Effective and Efficient as possible

To become as Innovative and Creative as possible

Overall Task of Committee-2009

1) The Budget Document-Communication2) District Budget Capacity-Sustain3) Fund Balance-Right Ratio4) Revenue Generation-Opportunities

Budget Capacity

Reduce Staff FTE’sReview Benefit PackageExplore Efficiencies-List in ReportReview Negotiated AgreementsReduce Administration ExpensePerform Classroom Staffing Ratio

Fund Balance

The committee recommended that the General Fund Balance be to a

targeted level of 12%

Concluding Comments

Reduce Staff and/or ProgramsIncrease Teacher to Student RatiosConsolidate or Close SchoolsChange State Funding Formula-Legislative

Process

Priority Task #1All Students Learning at High Levels

Priority Task #22013-2014 Budget Development

Priority Task #3Facilities Planning

Priority Tasks 2013

Priority Task #4High Quality Staff

Priority Task #5Policy Development and Revision

Priority Task #6Miscellaneous

Legislative Session and School Safety

Priority Tasks 2013

Adaptive Change-Developed on 5 -Year Spending Trends

Salary Schedule Task ForceHealth Insurance CommitteeReview and Analysis of Negotiated Agreements

Priority Task #2-Budget

Revenue and Expenditure Data

1 3 5 7 9 11 -

10,000,000.00

20,000,000.00

30,000,000.00

40,000,000.00

50,000,000.00

60,000,000.00

70,000,000.00

80,000,000.00

90,000,000.00

Expenditures Federal Rev. State Rev. Inter Rev. Local Rev.

GF Spending Trends

Priority Task #2-Budget

Year Expenditure2007-2008 $77,855,280.862008-2009 $77,219,245.832009-2010 $77,081,899.862010-2011 $80,927,095.942011-2012 78,072,099.27

2012-2013 Budget Includes:

-1.7 Mill in Fund Balance-1.5 Mill Capital Outlay Flexibility-Budget Reduction 2.7 Mill

Priority Task #2-Budget

Priority Task #2-Budget

2013-2014 Proposed Budget Includes:

-Balanced Expenditures with Revenue-Does not include the use of Capital

Outlay Flexibility-GF Budget Reduction- $1,057,180

**Have not yet completed the Collective Bargaining Process w/staff

Enrollment Data2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 12,400

12,600

12,800

13,000

13,200

13,400

13,600

13,800

13,363

13,510

13,187

12,808

13,003

13,138 13,090

13,149 13,171 13,271

13,545

Enrollment

Priority Task #2-Budget

Decreasing costs and increasing student achievement can not be

opposing goals. Resource allocation needs to be part of the

solution. The hardest part is winning the support for these bold

and necessary decisions.

Policy Revision-Community Use of Facilities (KG)

Close out Six Major Construction ProjectsElementary Classroom Space Plan for

2013-2014Five Year Capital Outlay Plan (Review and

Revision)Finalize Lease w/Rapid City Performing

Arts Coalition

Priority Task #3-Facilities

Assessed Value

2002

2003

2004

2005

2006

2007

2008

2009

2010

2011

2012

2013

- 500,000,000.00

1,000,000,000.00 1,500,000,000.00 2,000,000,000.00 2,500,000,000.00 3,000,000,000.00 3,500,000,000.00 4,000,000,000.00 4,500,000,000.00 5,000,000,000.00 5,500,000,000.00 6,000,000,000.00

Assessed Value

Teacher and Leader quality are the most powerful variable affecting student achievement

Schools districts have to commit to populating our schools with the highest quality teacher and leaders possible

How does RCAS best attract, develop and retain the most highly qualified workforce?

Priority Task #4-High Quality Staff

Priority Task #4-High Quality Staff

Easy Answer-Increase CompensationThere are no easy answers to complex

problems but it is also not the wrong answer

With no change in current salary structures we continue to perpetuate a system that is not sustainable or supported by researchWe need to invest in a system that has

maximum impact on student achievement

Will student number continue to increase?

Impact of the use of current cash balances?

Compensation/Benefits/Negotiations?What will happen at the Federal level?

What does the future hold?

Preview on Issues

School Funding Summer StudyAg Land Assessment Oversight

Committee

For You to Consider

*What type of additional information can we supply you so you feel comfortable with our current efforts? *Based upon the presentation today do you feel we are honoring your previous work?*If the Final Plan meets with your approval will you help support it in the community?