1. February 4, 2015 FY16 Budget Presentation

2. Cape Cod Tech Finance Committee Anthony Tullio – Wellfleet (chair) Paul Sullivan – Brewster Ann Williams – Barnstable Stefan Galazzi – Orleans Buck Upson – Chatham

3. Fiscal Year Brewster Enrollment Percentage of Total Enrollment 2010 456.5% 2011 395.8% 2012 426.4% 2013 426.4% 2014 396.0% Brewster Students at Cape Cod Tech

4. FY15 Enrollment *Enrollment as of 10/1/14

5. FY16 Enrollment by Town TownFY15FY14Change Barnstable176168 8 Brewster3942 -3 Chatham1721 -4 Dennis7785 -8 Eastham1113 -2 Harwich73 0 Mashpee6257 5 Orleans1412 2 Provincetown46 -2 Truro23 Wellfleet86 2 Yarmouth163168 -5 TOTALS646654 -8 * (1) out-of-district student currently enrolled

6. Student Enrollment Trend 201020112012201320142015 Students % % % % % % Barnstable19328.20%18326.41%17125.60%16825.69%16825.69% 176 27.24% Brewster466.70%456.49%395.84%426.42%426.42% 39 6.04% Chatham162.30%182.60%192.84%233.52%213.21% 17 2.63% Dennis9413.70%9814.14%9213.77%9314.22%8513.00% 77 11.92% Eastham91.30%121.73%172.54%142.14%131.99% 11 1.70% Harwich629.10%689.81%7411.08%8513.00%7311.16% 73 11.30% Mashpee629.10%679.67%629.28%558.41%578.72% 62 9.60% Orleans162.30%182.60%192.84%142.14%121.83% 14 2.17% Provincetown30.40%50.72%50.75%40.61%60.92% 4 0.62% Truro40.60%60.87%50.75%50.76%30.46% 2 0.31% Wellfleet50.70%60.87%40.60%40.61%60.92% 8 1.24% Yarmouth17425.40%16623.95%16124.10%14722.48%16825.69% 163 25.23% 684693668654 646

7. $14,532,300 4.49% (2.67% without $250,000 transfer) Five Year History The FY16 Increase Fiscal YearBudget FY111.41% FY122.56% FY132.79% FY142.79% FY152.98%

8. Budget CategoriesFY16 Projected Cost Insurances property, liability, health, dental unemployment, workers compensation and other fringe benefits $2,369,345 Snow Removal and Sanding$20,000 School Resource Officer$20,000 Equipment Maintenance$118,000 Capital Building Improvements$625,000 (21.7% of the total budget) Costs Unique to a Regional School Budget

9. Capital Stabilization Fund Established in FY14 Proposed Budgeted Transfer in FY16; $250,000 This transfer contributes 1.8% to the overall 4.49% increase over FY15

10. What is the Money Used For?

11. DepartmentBudget% of Total Building Leadership $ 390,7482.69% Teacher's Salaries $ 4,892,37333.67% Retirement $ 426,8462.94% Insurance Benefits $ 1,654,57911.39% Library $ 92,6060.64% Retiree Benefits $ 507,4373.49% Educational Materials $ 178,1151.23% Guidance $ 438,2083.02% Transportation $ 786,0005.41% Support Services $ 1,339,7349.22% Administration $ 819,6915.64% General Insurance $ 207,3291.43% Plant Operations $ 1,618,99011.14% District-Wide Supervision $ 324,6442.23% Capital Requirements $ 855,0005.88% $ 14,532,300.00 What is the Money Used For?

12. Why a 4.49% Increase CategoryFY16FY15Change % FY14FY13FY12 Change Salaries7,901,011 7,864,63636,375.000.46% 7,708,3557,234,1107,319,975 Benefits2,652,862 2,573,56379,299.003.08% 2,396,7302,404,7602,419,356 Materials & Services1,435,598 1,425,9859,613.000.67% 1,409,7011,581,9681,220,694 Transportation786,000 676,000110,000.0016.27% 678,000697,782701,782 Utilities & Heating694,500 507,000187,500.0036.98% 459,200490,500523,750 Insurance207,329 231,116-23,787.00-10.29% 223,919224,739166,429 TOTAL OPERATING13,278,300 399,000 3% 12,875,90512,633,85912,351,986 Capital Budget855,000630,000225,000 35.71% 630,000652,824519,342 Total Operating & Capital14,532,30013,908,300624,0004.49%13,505,90513,286,68312,871,328

13. What Does it Cost to Educate a Child Each Day?

14. Budget Cost Drivers Salaries & Benefits account for 72% of the FY16 budget

15. Excess & Deficiency Balance as of FY14 $572,121 Maximum Allowable - $695,415 (5% of FY15 Budget $13,908,300)

16. On 1/14/15 Cape Cod Tech was voted into the Eligibility Period for a Capital Project with the Mass School Building Authority The Eligibility Period phase lasts up to 270 days concluding on or before 10/26/15 Eligibility Period & The MSBA

17. Forming a School Building Committee Completing an Educational Profile Enrollment Projections Maintenance and Capital Planning Report Local Votes and Agreements Phase 2 – Feasibility & Schematic Design Selection of OPM & Design Firm The Next Steps