1. 2010-2011 Proposed General Fund Budget Middle Bucks Institute of Technology Executive Council February 8, 2010

2. 2010/2011 vs. 2009/2010 Proposed Budget Change Act 1 of 2006 Index = 2.89% General Fund + Lease Rental = 2.96% increase $9,603,860 vs. $9,327,876 Increase $275,984

3. 2010/2011 vs. 2009/2010 General Fund Member Contribution Member District Contribution = SD budget increase 3.31% $6,998,390 vs. $6,774,456 $223,934 Increase Allocated using 3 year averaging of ADM

4. 2010/2011 vs. 2009/2010 Lease Rental Member District Contribution – Lease Rental $1,467,050 vs. $1,469,100 Decrease $2,050 Allocated based on STEB Market Value

5. 2010/2011 vs. 2009/2010 Member Contribution Combined General Fund and Lease Rental Member District Contribution Net Increase $221,884 or 2.69% $8,465,440 vs. $8,243,556

6. 2010/2011 vs. 2009/2010 General Fund Expenditures Expenditure Budget Increase = 3.54% $8,136,810 vs. $7,858,776 Increase $278,034

7. 2010/2011 vs. 2009/2010 Budget Information Salaries & Wages Salaries & Wages – Teachers  Teachers’ matrix is best guess – 3 out of 4 SD expire  For 2009/2010 used 2008/2009 matrix rates  Increase for 2010/2011 $170,972  Add new instructor – Dental Assisting  Eliminate CET Instructor – 2008/2009 curtailment

8. 2010/2011 vs. 2009/2010 Budget Information Salaries & Wages Salaries & Wages Non-Bargaining Unit  Instructional Assts $1 hourly adjustment  Elimination of Math / Reading Coaches  Elimination of Resource Specialist  All other wages budgeted 4% increase  Overall net decrease $13,173

9. 2010/2011 vs. 2009/2010 Budget Information Benefits Medical & Prescription - Decrease $100,113  Plan Design Changed 2008/2009 to 2009/2010  2009/2010 Budget Based on 2008/2009 Plan Info  First Look for 2010/2011 is 9.2% Increase PSERS used certified rate 8.22%  Increase 72% or $164,216 over 2009/2010

10. 2010/2011 vs. 2009/2010 Budget Information Professional & Technical Services Penn State Program – Tuition & Enrollment  Increase $18,640 Addition of Math & Reading Coaches as Consultants  Increase $41,040

11. 2010/2011 vs. 2009/2010 Budget Information Purchased Property Services Program Equipment Maintenance  Net Increase $28,182 Facility Maintenance  Net Increase $31,425  Cleaning Service Increase $28,500

12. 2010/2011 vs. 2009/2010 Budget Information Supplies Program Supplies ◦Net Reduction $96,963 Utilities ◦Net Reduction $24,500

13. Conclusion Member School District Contribution is 2.69% - Act 1 of 2006 Index 2.89%. A lot of effort on part of all stakeholders – professional staff, administration, PAC & Finance Committees to reduce increase. Fiscally responsible without jeopardizing program integrity. Questions? Thank you!