Update on Enrollment

SY 2013-14

School Board Budget Workshop

May 13, 2014 1

-2,000

-1,500

-1,000

-500

0

500

1,000

1,500

2,000

2,500

30,000

35,000

40,000

45,000

50,000

55,000

60,000

65,000

70,000

75,000

20 Day Count Increase

2

This year’s 20-day

enrollment

increased

by 110 students to

61,234

The projections

anticipate annual

increases in

student

enrollment.

STUDENT ENROLLMENT AND CHANGE

Student Enrollment Trend Comparison

54,000

56,000

58,000

60,000

62,000

64,000

66,000

68,000

DAY 1 DAY 9 DAY 20 DAY 40 DAY 60 DAY 80 DAY 100 DAY 120 DAY 140 DAY 160 DAY 180

SY 2006-07 SY 2007-08 SY 2008-09 SY 2009-10 SY 2010-11 SY 2011-12 SY 2012-13 SY 2013-14

3

STUDENT ENROLLMENT TREND COMPARISON

STUDENT ENROLLMENT TREND COMPARISON

54000

56000

58000

60000

62000

64000

66000

68000

DAY 1 DAY 9 DAY 20 DAY 40 DAY 60 DAY 80 DAY 100 DAY 120 DAY 140 DAY 160 DAY 180

SY 2000-01 SY 2001-02 SY 2002-03 SY 2003-04 SY 2013-14

4

DAYTONA RISING

$400,000,000 Expansion

6,300 new jobs

5

ONE DAYTONA

Phase 1 – 4,700 construction jobs

3,100 permanent jobs

HIGHER EDUCATION ECONOMIC IMPACT

6

Spec Martin

Memorial

Stadium

Renovation

Future Aquatic

Center and

Science Research

Stetson University Bethune Cookman

University

Harrison Rhodes Memorial

Building Renovations

EMBRY-RIDDLE AERONAUTICAL UNIVERSITY

7

Jim W. Henderson

Welcome Center

College of Arts & Sciences

Largest Telescope at

any university in

Florida

• Planned Student Union

• Development of Aerospace

Research and Technology Park

OTHER ECONOMIC ANNOUNCEMENTS

8

• Hard Rock Hotel & Café - $100M development

• Daytona Beach Convention Hotel - $150M development

• Masco Administrative Services – Expansion, 58 new jobs

• Trader Joe’s Distribution Ctr - $80M investment, 450 new jobs

• Boston Whaler – Expansion, 46 new jobs

• SunRail Phase I – DeBary Station now open

• “Project Dial” – Deltona call center, 500 new jobs

• Frontier Communications – $2M expansion, 200 new jobs

• DaVita Healthcare Partners – New Laboratory, 100 new jobs

Source: Daytona Beach News Journal

FUNDED INFRASTRUCTURE IMPROVEMENTS

9

Tom Staed/Veterans Memorial

Bridge Replacement • Bridge construction begins early

2015; project completion early

2017 - $24.4M

• U.S. 92 new sidewalks,

pedestrian bridge, late 2014

through early 2016 - $18M

• I-95 widening; interchange

redesign at I-4/I-95 and I-

95/U.S. 92, late 2014 through

2019 - $246M

5.0

6.0

7.0

8.0

9.0

10.0

11.0

12.0

13.0

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov DecData source: Bureau of Labor Statistics

UNEMPLOYMENT RATE Volusia & Orlando MSAs

2010

2011

2012

Volusia MSA

2010 Volusia MSA

2011 Volusia MSA

2012

Orlando MSA 2010

Orlando MSA 2011

Orlando MSA 2012

Volusia MSA 2013

Orlando MSA 2013

2013

0

1,000

2,000

3,000

4,000

5,000

6,000

7,000

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013

Volusia County Residential Building Permits by Year

2003 thru 2013

Data source: Volusia County Department of Economic Development

0

500

1000

1500

2000

2500

3000

Recorded Foreclosures in Volusia County by Quarter

2006 thru 2013

Data source: Volusia County Department of Economic Development

0

200

400

600

800

1,000

1,200

1,400

Recorded Foreclosure Sales in Volusia County by Quarter

2006 thru 2013

Data source: Volusia County Department of Economic Development

CURRENT ECONOMIC & ENROLLMENT INDICATORS

14

• $2B investment by local governments, business entities,

and state funding are all contributing factors.

• 10,000 new jobs added to Volusia/Flagler since Feb. 2013.

• Tourism Tax Revenues rose to $2.4M in March 2014 from

$2.2M in March 2013.

• Bed Tax collections increased by 18% in Feb. 2014 from

Feb 2013.

• Ocean Center revenue on pace to exceed total revenue

from last year in first 5 months of current fiscal year.

• Florida’s housing market higher median prices, more new

listings, fewer days on market.

TAX CREDIT SCHOLARSHIPS

21,695

25,026

29,318

34,550

40,308

50,829

15%

17% 18%

17%

26%

10%

15%

20%

25%

30%

0

10,000

20,000

30,000

40,000

50,000

60,000

2007-08 2008-09 2009-10 2010-11 2011-12 2012-13

Particpants

Percent Change

15

Source: FDOE

UNWEIGHTED FTE HISTORY

-2.5%

-2.0%

-1.5%

-1.0%

-0.5%

0.0%

0.5%

1.0%

1.5%

2.0%

2.5%

3.0%

State Volusia16

ENROLLMENT CHANGE SY 13/14

0

5000

10000

15000

20000

25000

30000

Elementary Middle High

20 day

120 Day

140 Day

160 Day

Δ -885

Δ +504

Δ -112

ELEMENTARY ENROLLMENT CHANGE SY 13/14

0

1000

2000

3000

4000

5000

Pre-K K 1st 2nd 3rd 4th 5th

20 Day

120 Day

140 Day

160 Day

Δ +234

Δ +49 Δ +44 Δ +93 Δ +8 Δ +86 Δ +19

ELEMENTARY ENROLLMENT CHANGE SY 13/14

0

500

1000

1500

2000

2500

3000

3500

4000

4500

North Halifax Area Central Halifax Area South Halifax Area

20 day

120 Day

140 Day

160 Day

Δ +118

Δ +58

Δ +51

ELEMENTARY ENROLLMENT CHANGE SY 13/14

0

1000

2000

3000

4000

5000

6000

7000

DeBary/

Orange City Area

DeLand Area Deltona Area

20 day

120 Day

140 Day

160 Day

Δ +137

Δ +78

Δ +35

IMPLICATIONS FOR SY 2014-15

Higher than projected student

enrollments impact budget:

Demand for personnel – operating budget

Class size – operating budget

Demand for classrooms – capital budget

Demand for transportation – capital &

operating budget

Demand for instructional materials &

technology – operating & capital budgets 21