1. EAST STROUDSBURG AREA SCHOOL DISTRICT
BUDGET
DRAFT 1
12/19/16

2. REVENUES

3. REVENUES - LOCAL Local Revenues = 67% of Total District Revenue
Real Estate Taxes
Largest component of revenues
= 57% of Total Revenue
Real Estate Tax Revenue depends upon Assessed Value, Collection Rate, and Millage Rates
Assessment decline $2,492,250
Assessment Appeals should more than offset this decline
Collection rate continues to increase – 90%
Millage Rate

4. REVENUES - LOCAL Millage Rate
Tax Levy must be balanced between Monroe and Pike Counties by relative Market Values
Market Values continue to fall in both counties, but slightly more in Pike than Monroe.
No Tax Increase
YEAR
MONROE
PIKE
177.86
121.27
120.84
% CHANGE
0.00%
0.35%

5. REVENUES - STATE State Revenues ~ 29% of Total District Revenue
Unlikely to see increases in State funding
Basic Education Funding Formula is for new money only
State deficit projected to be ~$3B
No tax increase
Republicans have a veto proof majority in the Legislature
Governor Wolf will likely be running for re-election
Re-Authorization of Ready to Learn Grant?
$1.2M
Block grant, not part of required funding
was zeroed out and returned at last minute
Keeping it in for at level
Increases only for Social Security and PSERS subsidies

6. REVENUE – FEDERAL/OTHER
Federal Grants ~ 2% of Total Revenue
Primarily Title Programs: Title I, Title II, and Title III
Decreases in anticipated funding
No Keystones to Opportunities grant
Other Revenue
Proceeds from Financing (Leases)
Sale of Fixed Assets (Bus Buy-back Program)
No buses in , $2,268,960 in

7. REVENUES - TOTAL 2016-17 2017-18 % CHANGE LOCAL $101,580,869
$102,464,704
0.87%
STATE
$ 41,655,349
$ 43,705,667
4.92%
FEDERAL/OTHER
$ 4,841,132
$ 7,071,676
46.07%
TOTAL
$148,077,350
$153,242,047
3.49%

8. EXPENSES Wages & Benefits represent the largest share of costs = 69%
Debt Service = 12%
81% of the District’s Costs are fixed
By contrast less than 20% of the District’s costs are variable
Supplies, books, contract & professional services, utilities, purchased services, maintenance, and equipment
Even some of those are not directly controllable by the District
Special Ed and Alternative Ed services, charter school tuition, insurance, etc.

9. EXPENSES – WAGES & BENEFITS
Wages & Benefit costs projected to increases - $7.6M
CHANGE %
WAGES
$64,225,387
$65,603,022
$ 1,377,635
2.2%
BENEFITS
$39,028,932
$45,232,938
$ 6,204,006
15.9%
TOTAL
$103,254,319
$110,835,960
$ 7,581,641
7.3%

10. EXPENSES – WAGES & BENEFITS
Benefit Costs alone are projected to increase $6.2M
Primarily PSERS and Health Insurance
CHANGE %
PSERS
$19,145,335
$21,231,669
$ 2,086,334
10.9%
Rate
30.03%
32.57%
HEALTH INS
$15,265,240
$19,191,592
$ 3,926,352
25.7%
TOTAL
$34,410,575
$40,423,261
$ 6,012,686
17.5%

11. EXPENSES - OTHER
Non Wage and Benefit expenses are projected to increase $4.8M
Purchase of new Buses = $4.4M
All other expense increase = $400,000

12. EXPENSES - TOTAL 2016-17 2017-18 CHANGE % WAGES & BENEFITS
$103,254,319
$110,835,960
$ 7,581,641
7.3%
ALL OTHER EXP
$ 45,352,650
$ 50,111,499
$ 4,758,849
10.5%
TOTAL
$148,606,969
$160,947,459
$ 12,340,490
8.3%

13. WHERE DOES THE MONEY GO?

14. WHERE DOES THE MONEY GO? Direct Instruction of Students 54.4%
Regular Instruction 35.6%
Special Education 15.3%
Vocational Education 1.9%
Other Instructional Programs 1.6%
Instructional Support 10.1%
Pupil Services 3.2%
Instructional Support 1.9%
Health Services 1.4%
Instructional Technology 3.6%
Transportation 8.2%

15. WHERE DOES THE MONEY GO?
For every $1 spent $.73 goes to direct or indirect support of student learning
That does not include co-curricular activities such as band, chorus, athletics, clubs, and intramural activities.
Only $.05 of every $1 spent goes to administrative activities
Debt Service ~ $.12 of every $1
Maintenance and Operations ~ $.09 of every $1

16. NET BUDGET POSITION Anticipated Revenues $153,242,047
Anticipated Expenses $160,947,459
Expenses > Revenues $ 7,705,412