Davenport SD 207 MO Planning Info 10 12

Davenport SD #207 M&O Planning Info 10 -12 -15

Local Effort Assistance (LEA) • Local Effort Assistance is state money paid to eligible district to match voter approved excess General Fund levies. • These payments help school districts that have above average tax rates due to low property valuations. • Not protected by constitution • 2014 -15 = 6. 23% or $401, 281 of general fund revenues • Davenport is scheduled to receive $454, 434 in 2015 -16.

One example: • Davenport tax rate in 2014 = $4. 18/1, 000 • Collects $1, 015, 000 • Mercer Island tax rate in 2014 = $1. 43/1, 000 ▫ Collects $12, 568, 167 (2015 not posted yet)

Davenport School District Assessed Property Value Trend $265 000, 00 $255 000, 00 $245 000, 00 $235 000, 00 $225 000, 00 $215 000, 00 $205 000, 00 2011 2012 2013 2014 2015 2016*

Davenport School District LEA Trend $500 000, 00 $450 000, 00 $400 000, 00 $350 000, 00 $300 000, 00 $250 000, 00 $200 000, 00 $150 000, 00 $100 000, 00 $50 000, 00 $0, 00 2011 2012 2013 2014 2015 2016*

Davenport School District Estimated Revenues by Source 2015 -16 Other Districts, Federal, $592 249, 8% $20 800, 0% School Levy, $1 040 310, 14% LEA, [VALUE], [PERCENTAGE] Local Other, $155 300, 2% State, $5 268 132, 70%

Oct. 12 Quarterly Board Meeting • Topic: Facility Needs ▫ Earmark a specific dollar amount for facility repair, upgrades, etc. ? ▫ Long range planning:

Bus Depreciation Comparison of Cohort School Districts 2015 -16 # of busses older than % of Busses Amount of Buses on Inventory Depreciation Routes 2000 on Depreciation Goldendale 19 8 10 7 42% $61, 399 Reardan 23 16 14 4 70% $119, 968 Wilbur 10 8 7 2 80% $59, 368 Nespelem 8 4 5 3 50% $31, 205 Methow Valley 15 8 10 4 53% $68, 996 Davenport 14 11 9 2 71% $73, 256 Ocosta 13 10 9 3 77% $90, 617 Creston 8 7 5 1 88% $50, 876 Colfax 17 15 13 1 88% $130, 951 Prescott 11 9 5 1 82% $79, 264

Levy Assisting Bus Purchases • $33, 000 towards bus purchase in 2014 -15 • $43, 000 towards bus purchase in 2015 -16 • In order to get “caught up” we would like to fund $45, 000 in 2016 -17 and $20, 000 in 2016 -17. • This should bring us to a point where we can purchase a bus a year with our depreciation funds and should reduce our bus maintenance costs.

Comparison of Districts Year Passed 2015 2014 2014 2013 2015 School Reardan Ritzville Lind Almira Wilbur Harrington Creston Davenport Freeman Odessa 2015 2016 2017 2018 2. 90 2. 95 2. 97 2. 99 2. 89 3. 14 2. 75 3. 02 2. 61 2. 64 2. 68 3. 99 4. 07 4. 28 1. 93 1. 94 4. 12 4. 18 3. 01 3. 16 3. 18 2016 Levy Amount 1, 314, 280 983, 000 717, 176 205, 000 682, 000 535, 000 422, 000 1, 046, 000 1, 499, 132 698, 000 2015 -16 Budget % of Budget 7, 189, 008 18. 28% 4, 542, 236 21. 64% 3, 877, 500 18. 50% 2, 366, 458 8. 66% 3, 950, 000 17. 27% 2, 571, 132 20. 81% 2, 440, 740 17. 29% 7, 359, 536 14. 21% 9, 950, 037 15. 07% 3, 532, 758 19. 76%

How Are New Resources Phased-in Under SHB 2776? School Year 2010 -11 2011 -12 2012 -13 2013 -14 2014 -15 2015 -16 2016 -17 2017 -18 219 Schools More funding can begin More funding must begin Continues to ramp up Fully Funded $0 More funding can begin More funding must begin Continues to ramp up Fully Funded More funding can begin More funding must begin Continues to ramp up Funded at new level More funding can begin More funding must begin Continues to ramp up Fully Funded Full-Day Kindergarten 1 Must be fully funded statewide by 2017 -18 Phase-in based on FRPL K-3 Class Size Reduction 2 3 Must be fully funded statewide by 2017 -18 Phase-in based on FRPL Maintenance, Supplies, Operation Costs (MSOC) Must be fully funded by 2015 -16 $ per student basis Basic Transportation 4 Must be fully funded by 2014 -15 % of formula funded basis

Levy Options – How many years • Current Levy – 3 years • Upcoming Levy: ▫ 3 years? ▫ 4 years? Recommendation from Supt. & Business Manager: 4 years

Levy Options – Amount of Levy • Keep tax rate “level” • Keep $ amount of levy “level” • Balancing the needs of the school district with the current economic environment…

Important Dates • Election Date: Feb. 9, 2016 • Statutory Deadline to File Resolution: Dec. 11, 2015

Timelines • Oct. 28 (Regular Meeting) • Nov. 23(Regular Meeting) ▫ Final decision on levy amount, length of levy and vote on resolution Nov. 23 ▫ Nov. 24: Certification of election results from Nov. 3 election ▫ Resolution due to Auditor’s Office by Dec. 11 • Dec. 14 (Regular Meeting)

Short Range & Long Range Plans/Needs… ØFacility updates/repairs ØTechnology needs and upgrades ØContinue bus purchase with contributions from levy dollars ØMaintaining a health fund balance ØMSOC enhancements maxed? ØMotor pool replacements