Berkshire Hills Regional School District FY 18 Budget Great Barrington March 22, 2017
Mission To ensure all students are challenged through a wide range of experiences to become engaged, curious learners and problem solvers who effectively communicate, respect diversity, and improve themselves and their community.
Re-Imagination Project began as a way to re-evaluate the way we provide education in the District. Are we as effective as possible in providing every student a path to success? Can we provide more successful learning more efficiently? Are there ways to improve both learning and teaching?
Re-Imagination Three primary project areas: Changing start times so all schools start at the same time. Impact on bussing. Reconsider the way we group students. Reallocation of resources.
SC Budget Policy “ . . . achieve the greatest educational returns and contributions to the educational program in relation to dollars expended”. Establish levels of funding that will provide high quality education for all our students. Use the best available techniques for budget development and management.
Health Insurance Move to Deductible Plans Only by BHG Rate Increase of 9.3% Net Increase to BHRSD of 2.19%
Transportation New 5-Year Contract Negotiated rate increase from 37% down to 17.14% for FY18 Budget Increase - Net of 9.09% to 17.14%
Personnel All Contracts Expire June 30, 2017. Funds for settlements held in contingency.
FY18 PROPOSED BUDGET
Summary Elementary School 22.04% Middle School 19.74% High School 29.47% Student Services (+ ELL) 8.96% 80.21%
Summary District-Wide – All Other 10.73% School Committee & Administration 3.67% Facilities & Maintenance 2.81% District-Wide – Tech. & Food Service 2.57%
Operating Budget Expenditures Change $26,479,952 gross budget $1,004,893 3.94% $24,447,585 net operating budget $1,157,115 4.97%
Operating Budget Difference between Gross Operating and Net Operating due to reduction by Choice & Tuition Revenue Choice down by $193,160. Tuition up by $40,938 after use of $100,000 in reserves.
Capital Budget
FY 18 Project Principal Interest Total ES & MS Construction Bond $1,310,000 $ 469,000 $1,806,000 ST Borrowing $ 100,000 $ 25,000 $ 125,000 TOTAL $1,410,000 $ 494,000 $1,931,000
Revenue
Revenue $ 2,860,708 2.10% Chapter 70 Chapter 71 $ 650,000 12.25% $ 2,860,708 2.10% School Choice $ 1,050,000 (15.54%) Chapter 71 $ 650,000 12.25% Tuition $ 982,367* 4.35% MSBA $ 1,120,934 0% *Includes use of Fund Balance
Revenue Other Medicaid Reimbursement Interest Income Miscellaneous Income All Other $ 40,000 45.71%
Revenue Excess & Deficiency FY 18 Use $335,018 Represents 34% of E&D balance
Revenue - Sources
Assessments
Assessments to Member Towns Three Considerations: Population Allocation Minimum Local Contribution Net Assessment
Assessments to Member Towns NOTE: All other things being equal . . . Budget as presented . . . No change in Enrollment . . . No change in MLC Change . . .
Assessments to Member Towns All other things being equal . . . Minimum Increase: Great Barrington 4.18% Stockbridge 4.39% West Stockbridge 4.19%
Assessments to Member Towns Population Allocation FY 17 FY 18 Great Barrington 69.9897 % 72.1193% Stockbridge 15.4162 % 14.7119% West Stockbridge 14.5940 % 13.1687%
Assessments to Member Towns Minimum Local Contribution FY 17 FY 18 Great Barrington $6,756,779 $6,895,406 Stockbridge $1,338,211 $1,350,322 West Stockbridge $1,399,875 $1,329,198
Assessments to Member Towns Total Assessment 4.21% $21,369,443 Great Barrington 5.99% $15,329,397 Stockbridge 1.16% $ 3,070,805 W. Stockbridge (4.58)% $ 2,869,223
Assessments to Member Towns Net Assessment FY 17 FY 18 Great Barrington $14,463,399 $15,329,397 Stockbridge $ 3,035,712 $ 3,070,805 West Stockbridge $ 3,006,832 $ 2,869,223
Assessments to Member Towns Total Assessment 4.21% $21,369,443 Change: Great Barrington 5.99% $ 865,997 Stockbridge 1.16% $ 35,093 W. Stockbridge (4.58)% ($ 137,609)
Questions?