Presentation to the State Board of Education Thursday, April 10, 2014.

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Presentation transcript:

Presentation to the State Board of Education Thursday, April 10, 2014

MNPS Budget Growth Millions $779.0 million* $622.8 million Average Annual Growth = 3.8% * Projected for planning purposes

Enrollment Growth 84,543 students84,543 students* 75,029 students Average Annual Growth = 2.0% * Projected for planning purposes

Budget Growth by Category: FY09-10 to FY14-15* * Projected for planning purposes $81.0 million (51%) $78.7 million (49%)

Employee Compensation Growth: FY09-10 to FY14-15* $78.7 million (49%) * Projected for planning purposes Certificated salary increases $42.3 million Support salary increases $13.4 million Salary savings on replacements ($9.0 million) Retirement incentive savings ($3.5 million) Other (insurance, pension, FICA) $35.5 million TOTAL $78.7 million

Required Additions Growth: FY09-10 to FY14-15* $81.0 million (51%) * Projected for planning purposes Charter schools cash outlays $48.4 million Additional teaching positions $12.1 million Inflationary increases $13.8 million Other (debt service fund transfer, etc) $6.7 million TOTAL $81.0 million

Millions Average Annual Growth = 54.3% $53.0 million* $4.6 million Charter School Cash Outlays * Projected for planning purposes

Millions Analysis: FY14-15 Operating Budget Employee Compensation Required Additions Other * Assumes 2% revenue growth, for planning purposes Charter growth Potential Shortfall = $17.6 million

 Consolidating/closing under-utilized buildings  Raising class sizes in middle and high schools  Reducing the certificated workforce  Eliminating enhanced-options schools High-Leverage Options

Fiscally & Operationally Sustainable Growth  In November, the Metro Nashville Board of Public Education passed RS “establishing priorities for deploying charter schools” during 2014  Strategic priorities include: 1.Conversion of existing low-performing schools 2.New charters in exceedingly overcrowded cluster tiers FACT: The Glencliff and Overton elementary tiers are on track to hit 121% and 125% capacity, respectively, during the fall school year.

Common-Sense Approach  MNPS charter review process utilizes three “lenses” 1.Quality. Applications must meet NACSA quality standards. 2.Strategic priorities. Applications should address the school district’s stated needs. 3.Fiscal impact. Pursuant to TCA (b), applications should not be "contrary to the best interests of the pupils, school district or community.”

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