proposed tentative budget - brevard public schoolsdocuments.brevardschools.org/updates/budget/budget...

First Public Hearing – August 2, 2012

Proposed Tentative

Budget First Public Hearing

August 2, 2012

Brevard’s Tax Roll Decline Fiscal Year Tax Roll % Change1999-00 15,910,272,000 --2000-01 16,924,947,000 6.38%2001-02 18,316,371,454 8.22%2002-03 19,695,633,660 7.53%2003-04 22,087,435,919 12.14%2004-05 25,334,959,340 14.70%2005-06 31,060,244,010 25.98%2006-07 39,311,747,501 26.57%2007-08 40,927,287,793 4.11%2008-09 41,345,104,921 1.02%2009-10 36,725,460,270 -11.17%2010-11 32,390,012,540 -11.81%2011-12 ^ 27,812,038,128 -14.13%2012-13 > 27,502,891,297 -1.11%

Source: Comprehensive Annual Financial Reports (CAFR), except for the following: ^ Adjusted Final Taxable Value as of April 12, 2012 > Certified Taxable Value by Property Appraiser on June 21, 2012 2

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Tax Roll Changes 2011-12 vs. 2012-13

Of the 67 School Districts in Florida:

52 districts decreased between 0.01% and 8.19%

15 districts increased between 0.33% and 8.33%

Statewide average is -2.07%

Brevard’s decrease of 1.42% is 41st in the state when ranking highest decline to lowest

History of School Board Millage Levy Fiscal Year Total Millage Difference %1998-99 9.578 -- --1999-00 9.171 -0.407 -4.252000-01 8.908 -0.263 -2.872001-02 8.674 -0.234 -2.632002-03 8.605 -0.069 -0.802003-04 8.405 -0.200 -2.322004-05 8.194 -0.211 -2.512005-06 7.963 -0.231 -2.822006-07 7.667 -0.296 -3.722007-08 7.531 -0.136 -1.772008-09 7.661 0.130 1.732009-10 7.687 0.026 0.342010-11 7.653 -0.034 -0.442011-12 8.112 0.459 6.002012-13 8.096 -0.016 -0.20

-1.482 -15.47Difference Since 1998-99

4 Note: Each year the Board has levied the maximum allowed by law without voter referendum.

5

Proposed Millage Changes

Millage required by the State to be levied

If not, would receive no Federal, State or Local dollars

2012-13 requirement of 5.581 mills, plus prior years

2011-12 Prior Period Funding Adjustment of 0.017 mills

0.017 mills generates $443,341

RLE comprises 69% of the total proposed millage levy

Required Local Effort (RLE) 5.598 mills

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2008-09 Legislation mandated transfer of 0.250 mills from Capital to Operating 2009-10 Legislation authorized to transfer 0.250 mills from Capital to Operating – optional

Attempt of Legislature to hold total millage at same level, but used to balance Operating Budget

This budget assumes will still move 0.250 mills from the Capital Projects Fund to the Operating Fund

Currently subject to Compression by the State State guarantees average per FTE of $370.98 State will provide Brevard $95.28 per FTE or $6,825,224 Without compression 0.748 mills generates $19,749,276

Discretionary Millage 0.748 mills

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Currently subject to Compression by State

Fourth year as option for the Board with 2012-13 being the last year (2 years by legislative authority and 2 years by voter approval)

Voters approved in November, 2010 for the Board to have the authority to continue for 2 years

State guarantees average per FTE of $123.99

State will provide Brevard $31.84 per FTE or $2,280,805

Without compression 0.250 mills generates $6,600,694

Discretionary Critical Needs (Operating) Millage 0.250 mills

8


2008-09 Legislation mandated transfer of 0.250 mills from Capital to Operating

2009-10 Legislation authorized to transfer 0.250 mills from Capital to Operating – optional

Attempt of Legislature to hold total millage at same level, but used to balance Operating Budget

This budget assumes will still move 0.250 mills from the Capital Projects Fund to the Operating Fund

If millage not moved, Operating would lose approximately 1/3 (or $2.8 million) of the Discretionary Millage Compression from the State

1.500 mills generates $39,604,163

Capital Outlay Millage 1.500 mills

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Proposed 2012-13 Millage Actual

2011-12Increase/Decrease

5.614 5.598 -0.0160.748 0.748 0.0000.250 0.250 0.0001.500 1.500 0.000

8.112 8.096 -0.016

Proposed2012-13

Total Millage

Operating

Capital Outlay

- Required Local Effort - Local Discretionary - Critical Needs

The rolled-back rate is the new year property tax levy that would (after the value of new construction is deducted) produce the same amount of revenue as the previous year (but using this year’s tax roll)

• Total 2011-12 Actual Millage 8.112 • Total 2012-13 Rolled-Back Rate 8.2611 • Total 2012-13 Proposed Millage 8.096

The 2012-13 Proposed Millage rate is:

• 2.0% lower than the 2012-13 Rolled-Back Rate • 0.2% lower than the 2011-12 Actual Millage

Rolled-Back Rate Details

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Proposed Millage vs. Rolled-Back

Rolled-Back2012-13

Increase/Decrease

5.7172 5.598 -0.11920.7617 0.748 -0.01370.2546 0.250 -0.00461.5276 1.500 -0.0276

8.2611 8.096 -0.1651

Proposed2012-13

Total Millage

Operating

Capital Outlay

- Required Local Effort - Local Discretionary - Critical Needs

Assumes no change in assessed valuation of $100,000 home

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Tax on Residential Home Scenario #1 (with continuing the critical needs 0.25 mill)

Home Value $100,000 Less Homestead Exemption -25,000 Taxable Value of Home $75,000

Taxes Paid in 2011-12 $608.40

Taxes Proposed for 2012-13 $607.20

Tax Decrease for 2012-13 -$1.20

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Assumes 2% ($2,000) decrease in assessed valuation of $100,000 home

Taxes Paid in 2011-12 $608.40



14



Assumes 10% ($10,000) decrease in assessed valuation of $100,000 home, due to current economic conditions

Taxes Paid in 2011-12 $608.40



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Millage Decrease & Tax Roll Decline

2011-12 2012-13 Difference8.112 8.096 -0.016

$27,894,534,249 $27,502,891,297 -$391,642,952

$217,229,243 $213,756,872 $3,472,371Dollars Generated

MillageTax Roll

* Calculated by law at 96% collection rate

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Dollars %Operating 543,989,380 538,855,429 -5,133,951 -0.94Special Revenue 93,882,064 92,652,846 -1,229,218 -1.31Debt Service 45,562,927 45,605,932 43,005 0.09Capital Outlay 117,451,996 98,886,591 -18,565,405 -15.81Enterprise Fund 8,757,156 8,097,708 -659,448 -7.53Subtotal 809,643,523 784,098,506 -25,545,017 -3.16Less Transfers 43,555,035 44,219,062 664,027 1.52 Total 766,088,488 739,879,444 -26,209,044 -3.42Internal Service 80,564,118 75,723,193 -4,840,925 -6.01

DifferenceAmended2011-12

Tentative2012-13

Proposed Tentative Budget

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Dollars %State-FEFP 186,380,952 211,707,047 25,326,095 13.59State - Categoricals/Other 90,816,201 92,647,860 1,831,659 2.02Local - Property Taxes 177,061,114 174,147,202 -2,913,912 -1.65Local - Other 6,351,073 5,203,078 -1,147,995 -18.08Total Revenue 460,609,340 483,705,187 23,095,847 5.01Other Sources 1,299,035 1,299,035 0 0.00Fund Balance 79,496,619 51,266,821 -28,229,798 -35.51Grand Total 541,404,994 536,271,043 -5,133,951 -0.95

Amended2011-12

Tentative2012-13

Difference

Operating Budget Revenue

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2012-13 Budget Revenue Impacts

1 New FEFP $17.96 m

2 Retirement Rate Increase -$0.81 m

3 Replacement of Ed Jobs (SBBC)* -$14.09 m

4 Categorical Obligations -$1.64 m

5 Growth (20 teachers) -$1.02 m

6 Charter Schools (w/ Ed Jobs) -$2.48 m

7 FTE Reserve (165 FTE/172.54 WFTE) -$0.62 m

8 Less Quarter Mill $ Due to Lower Tax Roll -$0.35 m

Total -$3.05 m

* $0.7 m for Charters included in line 6

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Recurring Cuts to Budget Line Item Reduction Amount Compression Reserve $1.4 m

Class Size Reduction $0.8 m

TAN Interest Reserve $0.5 m

Closure of Riverview $0.8 m

Bus Driver Units $0.2 m

Overtime $0.1 m

Electricity $0.2 m

SSNP $0.2 m

McKay Scholarships $0.5 m

Projected Tax Collections (96.6%) $1.1 m

Charter School Reserves $0.9 m

Total $6.7 m

Change in DCD Fiscal Year DCD %

2003-04 0.9699 -0.0059 0.60%2004-05 0.9755 0.0056 0.58%2005-06 0.9804 0.0049 0.50%2006-07 0.9865 0.0061 0.62%2007-08 0.9845 -0.0020 -0.20%2008-09 0.9843 -0.0002 -0.02%2009-10 0.9892 0.0049 0.50%2010-11 0.9938 0.0046 0.47%2011-12 1.0014 0.0076 0.76%2012-13 1.0059 0.0045 0.45%

Difference

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Since start of 2007-08 decrease of $580.49 or -13.9% Since end of 2011-12 increase of $103.76 or +2.98%

Increase of 0.0045 or +0.45%

Since start of 2007-08 decrease of $494.82 or -12.1% Since end of 2011-12 increase of $120.03 or +3.45%

2012-13 FEFP Funding Issues Base Student Allocation (BSA) $3,582.98

District Cost Differential (DCD) 1.0059

BSA times DCD $3,604.12

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2003-04 3,630.03 0.9699 3,520.77 69.262004-05 3,670.26 0.9755 3,580.34 59.572005-06 3,742.42 0.9804 3,669.07 88.732006-07 3,981.61 0.9865 3,927.86 258.792007-08 * 4,163.47 0.9845 4,098.94 171.082007-08 4,079.74 0.9845 4,016.50 -82.442008-09 * 3,971.74 0.9843 3,909.38 -107.122008-09 3,886.14 0.9843 3,825.13 -84.252009-10 3,630.62 0.9892 3,591.41 -233.722010-11 3,623.76 0.9938 3,601.29 9.882011-12 ^ 3,479.22 1.0014 3,484.09 -117.202012-13 > 3,582.98 1.0059 3,604.12 120.03

DifferenceFiscal Year BSA DCD BSA * DCD

Base Student Allocation & District Cost Differential

Source: Final FEFP Calculation for each year except as follows:

* 1st FEFP Calculation ^ 4th FEFP Calculation > 2nd FEFP Calculation 22

Membership Percent

2000-01 70,658 655 0.942001-02 71,625 967 1.372002-03 72,533 908 1.272003-04 73,912 1,379 1.902004-05 75,216 1,304 1.762005-06 76,062 846 1.122006-07 75,676 -386 -0.512007-08 75,235 -441 -0.582008-09 74,000 -1,235 -1.642009-10 73,352 -648 -0.882010-11 72,913 -439 -0.602011-12 72,906 -7 -0.012012-13 * 73,489 583 0.80

Growth/Decline Number Year

Student Growth

* Projected for 2012-13 23

Total District Charters2000-01 70,658 69,608 1,0502001-02 71,625 70,212 1,4132002-03 72,533 70,957 1,5762003-04 73,912 72,150 1,7622004-05 75,216 73,099 2,1172005-06 76,062 73,230 2,8322006-07 75,676 72,210 3,4662007-08 75,235 72,215 3,0202008-09 74,000 70,951 3,0492009-10 73,352 70,152 3,2002010-11 72,913 69,459 3,4542011-12 72,906 70,320 2,5862012-13 * 73,489 70,809 2,680

Year

History of Student Membership


2000-01 655 368 2872001-02 967 604 3632002-03 908 745 1632003-04 1,379 1,193 1862004-05 1,304 949 3552005-06 846 131 7152006-07 -386 -1,020 6342007-08 -441 5 -4462008-09 -1,235 -1,264 292009-10 -648 -799 1512010-11 -439 -693 2542011-12 -7 861 -8682012-13 * 583 489 94

Total ChartersDistrictYear

Details of Membership Growth


Year KSC CCAFS Total2005-06 5,633 1,571 7,2042006-07 5,174 1,565 6,7392007-08 5,025 1,440 6,4652008-09 4,935 1,355 6,2902009-10 4,619 1,231 5,8502010-11 3,941 1,152 5,0932011-12 2,707 1,147 3,854

Students with Parents Working at KSC or CCAFS – Historical Totals

Note: From 2010-11 to 2011-12, there has been a decrease of 1,239 (-24.3%)

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GradePreK 35 20 55

K 123 54 1771 122 45 1672 152 58 2103 129 77 2064 157 74 2315 171 76 2476 176 83 2597 204 93 2978 239 97 3369 306 119 425

10 295 109 40411 273 121 39412 325 121 446

Total 2,707 1,147 3,854

KSC CCAFS Total

Students with Parents Working at KSC or CCAFS

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Actual ProposedPositions 2011-12 2012-13 Number PercentClassroom Teachers 4,785.96 4,795.26 9.30 0.2Instructional Support 460.09 459.29 -0.80 -0.2Instructional Assistants 839.35 855.71 16.36 1.9Support - School-Level 2,373.02 2,356.87 -16.15 -0.7Administrators - School-Level 231.00 228.00 -3.00 -1.3Support - District-Level 326.85 340.35 13.50 4.1Administrators - District-Level 39.00 40.00 1.00 2.6Total 9,055.27 9,075.48 20.21 0.2

Membership 72,906 73,489 583 0.8FTE 71,057.19 71,633.33 576.14 0.8

Change

History of Change in Employee Positions Actual 2011-12 vs. Proposed 2012-13

Note: Excludes Adult Education Teachers/Other but includes Head Start 28

Actual ProposedPositions 2007-08 2012-13 Number PercentClassroom Teachers 4,935.07 4,795.26 -139.81 -2.8Instructional Support 456.70 459.29 2.59 0.6Instructional Assistants 878.02 855.71 -22.31 -2.5Support - School-Level 2,713.87 2,356.87 -357.00 -13.2Administrators - School-Level 242.00 228.00 -14.00 -5.8Support - District-Level 372.19 340.35 -31.84 -8.6Administrators - District-Level 50.00 40.00 -10.00 -20.0Total 9,647.85 9,075.48 -572.37 -5.9

Membership 75,235 73,489 -1,746 -2.3FTE 73,465.54 71,633.33 -1,832.21 -2.5

Change


Note: Excludes Adult Education Teachers/Other but includes Head Start

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Positions 2011-12Classroom Teachers 24.00Instructional Support 3.00Instructional Assistants 25.00Support - School-Level --Administrators - School-Level --Support - District-Level 6.00Administrators - District-Level --Total 58.00

Head Start Employee Positions

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Actual ProposedPositions 2011-12 2012-13 Number PercentClassroom Teachers 4,785.96 4,771.26 -14.70 -0.3Instructional Support 460.09 456.29 -3.80 -0.8Instructional Assistants 839.35 830.71 -8.64 -1.0Support - School-Level 2,373.02 2,356.87 -16.15 -0.7Administrators - School-Level 231.00 228.00 -3.00 -1.3Support - District-Level 326.85 334.35 7.50 2.3Administrators - District-Level 39.00 40.00 1.00 2.6Total 9,055.27 9,017.48 -37.79 -0.4

Membership 72,906 73,489 583 0.8FTE 71,057.19 71,633.33 576.14 0.8

Change


Note: Excludes Adult Education Teachers/Other 31

Without Head Start

Actual ProposedPositions 2007-08 2012-13 Number PercentClassroom Teachers 4,935.07 4,771.26 -163.81 -3.3Instructional Support 456.70 456.29 -0.41 -0.1Instructional Assistants 878.02 830.71 -47.31 -5.4Support - School-Level 2,713.87 2,356.87 -357.00 -13.2Administrators - School-Level 242.00 228.00 -14.00 -5.8Support - District-Level 372.19 334.35 -37.84 -10.2Administrators - District-Level 50.00 40.00 -10.00 -20.0Total 9,647.85 9,017.48 -630.37 -6.5

Membership 75,235 73,489 -1,746 -2.3FTE 73,465.54 71,633.33 -1,832.21 -2.5

Change


Note: Excludes Adult Education Teachers/Other 32

Without Head Start

Amended2011-12

Tentative2012-13 Difference

PECO-New Construction 0 0 0 0PECO - Maintenance 0 0 0 0Other-State 466,002 510,000 43,998 9.44Local Revenue 40,685,473 42,671,763 1,986,290 4.88Total Revenues 41,151,475 43,181,763 2,030,288 4.93Other Sources 11,991,177 4,500,000 -7,491,177 -62.47Fund Balance 64,309,344 51,204,828 -13,104,516 -20.38 Total 117,451,996 98,886,591 -18,565,405 -15.81

%

Capital Projects Revenues

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Project AmountRemodel/Renovation/Maintenance $7,100,000Food Services Maintenance $500,000Health and Safety Projects $150,000Portable Relocation $150,00010 School Buses $1,000,000Sunrise Standard & Other Technology $1,000,000Repair at Failure $360,000Sub-Total of Projects Funded with New Dollars $10,260,000COP Payment $26,138,256RAN Payment $8,315,907Reserved for Impact Fee Projects $2,967,600Total Capital Projects Funded with New Dollars $47,681,763Capital Projects/Debt Funded by Fund Balance $51,204,828Grand Total $98,886,591

Capital Projects Expenditures

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November 15 – Budget Workshop – Future Capital Funding Options

March 2 – Florida Legislative Session ended

May 15 – Budget Workshop – 2012-13 Budget & Beyond

June 12 - Budget Workshop – Future Capital Needs

June 28 –Preliminary Budget Workshop – Looking Forward

July 10 – Board Meeting – Board approves language related to ½ cent sales tax for November 6 referendum

Timeline

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July 28 – Newspaper advertisement for 1st Public Hearing

August 2 – First Public Hearing to Adopt Tentative Budget and Millage, 5:30 p.m. at Educational Services Facility

Third week of August – Proposed Tax Notices mailed by Tax Collector to property owners, which also advertises the 2nd and Final Hearing

September 6 – 2nd Public Budget Hearing to Adopt Final Budget and Millage, 5:30 p.m. at Educational Services Facility

Timeline (cont.)

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Minor changes made since the June workshop

Old year being compared to new year 2011-12: Adopted Budget (9/8/11)

Amended Budget (as of 5/31/12)

2012-13: Preliminary Budget

Reminder that the percent of total for each column has been included in the book for easy reference.

Note: Budget books dating back to 1967-68 are available in the reference section of all Brevard public libraries.

Format of Budget Books

38

Format of Budget Books Reminder that new salary object codes are being utilized in the Operating Budget (see page 15)

Final year-end budget and expenditures will be provided for final public hearing

All information will be updated for August (including automated labor and actual fund balances)

Still incorporating ARRA funding as part of the Special Revenue budget

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Next Steps Continue to review budgeted line items (including automated labor, 2011-12 expenditures, and fund balances)

Continue updates at future Board Meetings

Monitor for any further revenue shortfalls

Monitor various Estimating Conferences

Final public hearing to adopt millage and annual budget:

September 6, 2012 at 5:30 p.m. in the Board Room

uestions

nswers

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