Roanoke County Public Schools 2019-2020 Budget Budget Work Session Other Funds, Revenue Update, Budget Request Update February 14, 2019 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Agenda Other Funds Revenue Updates Next Steps Questions and Comments Instructional Resources Fund Grant Fund Nutrition Fund Revenue Updates Student Enrollment Projections Crossover Budgets County Revenue Next Steps Questions and Comments 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Instructional Resources Fund State law requires that students attending public schools receive free textbooks. State funding is provided on a per pupil basis based on the funded per pupil amount for textbooks. This fund accounts for the purchase of textbooks and other consumable materials. 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Instructional Resources Fund 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Grant Fund The Grant Fund is used to account for transactions related to federal, state, and private grants that are not reported in another fund. Most federal grants are typically 27 months or less. Matching requirements are accounted for in the school general fund. 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Grant Fund 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Grant Fund 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Nutrition Fund The Nutrition Fund is used to account for procurement, preparation, and serving of student breakfasts, snacks, and lunches. Revenues are primarily from food sales and subsidies from federal and state breakfast and lunch programs. 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Nutrition Fund 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Student Enrollment Projections State Revenue Base, updated through January 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Student Enrollment Projections December 2018 Enrollment 13,691 YTD ADM 13,712 Grade Progression 13,610 January 2019 Enrollment 13,687 YTD ADM 13,708 Grade Progression 13,602 13,591 VDOE 13,592 13,593 13,594 13,595 13,596 13,597 13,598 13,599 13,600 13,601 13,602 Jan Progression 13,603 13,604 13,605 13,606 13,607 Cropper 13,608 13,609 13,610 Dec Progression 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Crossover Budgets State Revenue Proposed House Amendments to HB 1700 Proposed Senate Amendments to SB 1100 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Crossover Budgets Compensation Governor’s Budget House Amendments Amendments to HB 1700/SB 1100 Governor’s Budget House Amendments Senate Amendments Increase the Compensation Supplement effective on July 1, 2019, from 3% to 5%. Salary increases of a minimum average of 5% for SOQ instructional and support personnel during the 2018-2020 biennium, either in the first year, second year, or a combination of the two years. Original Compensation Supplement effective on July 1, 2019 at 3%. Maximum of 3% raise during Fiscal Year 2019 can qualify. Additional Compensation supplement of 2% effective on January 1, 2020. Same as Governor’s Budget. Allows partial funding for averages raises between 3% and 5% (Will have reduced income). What this means for RCPS: 2019 average raise 2.37% 2020 required raise 2.63% Total biennium raise 5.00% What this means for RCPS: 2019 average raise 2.37% 2020 eligible raise 2.00% Total eligible raise 4.37% What this means for RCPS: 2019 average raise 2.37% 2020 required raise 0.63% Total biennium raise 3.00% Up to Governor’s Budget 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Crossover Budgets Sales Tax RCPS Projection Amendments to HB 1700/SB 1100 RCPS Projection 2019 revenue projections are $15,569,553 based on February collections representing December sales. Exceeding FY19 budget by $386,531. 1.47% increase over 2018. Revenue estimate$15,410,000. Additional $226,978 revenue. Schools get 1-1/8th percent allocated based on school-age population. Adjusted sales tax distributions based on Weldon Cooper ADM. Wayfair legislature will apply state taxes to all internet sales, Amazon already does this. House Passed 2/1/19 VDOE predicts income for Roanoke County Public Schools to be about $16.2M. 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Crossover Budgets Counselors Governor’s Budget & House Amendments Amendments to HB 1700/SB 1100 Governor’s Budget & House Amendments Senate Amendments RCPS Provide additional state funding to reduce number of counselors per pupil. Provide additional state funding to reduce number of counselors per pupil. During 2019 RCPS added 2 guidance counselors so there is one at each school. During 2019 RCPS added 5 additional life counselors. 18-19 19-20 21-22 Elem 500-1 375-1 250-1 Middle 400-1 325-1 High 350-1 300-1 18-19 19-20 Elem 500-1 455-1 Middle 400-1 370-1 High 350-1 325-1 18-19 Elem 374-1 Middle 333-1 High 292-1 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Crossover Budgets Amendments to HB 1700/SB 1100 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
County Revenue Revenue Sharing Agreement 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Revenues Subject to Sharing County Revenue Revenues Subject to Sharing 2018-2019 2019-2020 YOY Δ Property and Local Taxes $166,042,649 $170,788,060 $ 4,745,411 Adjustments: Roanoke Valley Convention and Visitors Bureau (585,686) (597,374) (11,688) CSA Costs (1,410,000) (1,810,000) (400,000) Economic Development William Byrd Apartments (100,000) - Roland E Cook Apartments (15,000) (30,000) South Peak CDA (635,000) (650,000) Net total taxes $163,296,963 $167,600,686 $ 4,303,723 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Revenue Allocation Between School and County County Revenue Revenue Allocation Between School and County 2018-2019 (Actual) 2019-2020 (Estimate) Change School $ 68,844,764 70,439,202 $ 1,594,438 County 94,452,199 96,161,484 2,709,285 Net total taxes $163,296,963 $167,600,686 $ 4,303,723 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Next Steps 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Remaining Timeline January 1/10 Work Session Enrollment, Governor’s Budget, Requests 1/24 Work Session Replacement Funds: CIP, CMP, Bus, & Technology Position Review February General Assembly Crossover 2/14 Work Session Other Funds Review 2/23 General Assembly Adjourns (tentative) 2/28 Work Session Compensation, Benefits (Medical RFP) March 3/12 Work Session Revenue Update 3/14 Work session Superintendent’s Proposed Budget 3/28 ADOPT BUDGET 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update
Questions and Comments 2/14/19 2019-2020 Budget Work Session - Other Funds, Revenue Update, Budget Request Update