February 12 2018 February 2 2018 February 5

February 12, 2018

February 2, 2018 February 5, 2018 February 12, 2018 February 19, 2018 March 5, 2018 Deadline for Board to give public notice of intent to adopt preliminary budget (10 days in advance of adoption) Finance Committee Meeting - MDLKC, 7: 00 PM Long Range Plan for Facilities Elementary Attendance Areas Review and adopt the preliminary 2017 -2018 budget and tentative tax rates Submit proposed tax increase to PDE Finance Committee Meeting – MDLKC, 7: 00 PM Commonwealth Budget State Revenues Revised Long Range Plan for Technology

The Mission of the Kennett Consolidated School District is to provide a quality education that increases the achievement of every student in order for all to become successful and thoughtful contributors to society.

§ Proposed Real Estate Tax Increase § 2. 27% Increase § 30. 5542 Mills § Appropriation of Fund Balance § $714, 330 § Budget Deliberations § Finance Committee Meetings § First Monday of Every Month § Next Meeting – March 5, 2018 § Open to the Public § Governor’s Commonwealth Budget § Presentation – February 6, 2018 § Act 1 Index of 2. 4% § No referendum exceptions are required

Millage Rate 35. 00 30. 00 25. 00 20. 00 15. 00 10. 00 5. 00 0. 00 29. 8789 2017 -18 30. 5542 2018 -19

$123 increase Real Estate Tax $6, 000 $5, 000 $4, 000 $3, 000 $2, 000 $1, 000 $0 $5, 434 2017 -2018 $5, 557 2018 -2019

$ 7, 549, 131 Salaries $ 3, 525, 768 Benefits $ 31, 406, 345 $ 14, 658, 451 Prof. Svcs. Property Svcs. $ 6, 826, 902 Contracted Svcs. Supplies/Equipment $ 1, 195, 192 $ 21, 175, 708 Total Expenses $86, 337, 497 Debt Service

Salaries 9% 4% Benefits 36% 17% Prof. Svcs. Property Svcs. Contracted Svcs. 1% 8% Supplies/Equipment 25% Total Expenses $86, 337, 497 Debt Service

§ Salaries § Collective Bargaining Agreement – Kennett Education Association – Expires June 30, 2021 § Act 93 Agreement – Expires June 30, 2020 § All Other Employees – Act 1 Index to 3% Maximum § New Positions § 1 Professional Employee - Assignment TBA § No Retirements § No Furloughs/Outsourcing

§ Benefits § Medical/Prescription/Dental Insurance § Medical § First Look Renewal – 2. 5% § Budget – 0% § Prescription § First Look Renewal – 1. 26% § Budget – 0% § Pennsylvania School Employees Retirement Contribution Rate § Certified by PSERS – 33. 43% § Increase of 2. 6% § Vision, Life, and Disability Insurance § Trend Analysis § Worker’s Compensation § SDIC Estimate

§ Proposed Teaching Positon § Budget Impact - $97, 015 § School Resource Officer § Budget Impact - $60, 000 § CCIU Mental Health Services § Budget Impact – $80, 000 § Middle School Football § Budget Impact - $22, 211 § Schoology § Budget Impact - $20, 000 § Distance Learning § Budget Impact - $5, 000 § Title 1 Summer Program Transportation § Budget Impact - $20, 000

§ Allocations § Instructional Buildings § 2. 4% Increase § Department Allocations § 2. 4% Increase § Special Education § CCIU Projection § Student Transportation § Krapf Bus Company Agreement § Annual Consumer Price Index or Minimum 2% § Occupational Education § CCIU Tuition Formula § Paraprofessionals § CCRES Agreement § Act 1 Index § Charter School Tuition § Current Enrollment x Tuition Rates x Act 1 Index § Debt Service § No Change

DESCRIPTION Salaries 2017 -18 BUDGET 2018 -19 PRELIMINARY $ 30, 661, 324 $ 31, 406, 345 20, 393, 944 Purchased Prof. Svcs. Purchased Property Svcs. Employee Benefits Other Contracted Svcs. Supplies Equipment Other Objects Other Financing Uses TOTAL EXPENDITURES $ INC (DEC) $ % INC (DEC) 745, 020 2. 43% 21, 175, 708 781, 764 3. 83% 7, 388, 159 6, 826, 902 (661, 257) (7. 60%) 1, 126, 123 1, 195, 192 69, 069 6. 13% 13, 815, 793 14, 658, 451 842, 658 6. 10% 2, 717, 675 2, 899, 616 181, 942 6. 69% 580, 096 626, 152 46, 056 7. 94% 1, 738, 245 1, 619, 131 (119, 114) (6. 85%) 5, 790, 000 $ 84, 211, 359 5, 930, 000 $ 86, 337, 497 140, 000 2, 026, 138 2. 42% $ 2. 52%

§ Salaries (100) § Existing Salaries § Impact - $745, 021 § 2. 43% Increase § 1 New Teaching Position § No Retirements § Benefits (200) § Pennsylvania School Employees Retirement System § Impact - $592, 894 (Net Impact After State Subsidy - $296, 447) § 5. 99% Increase § Medical § Impact - $107, 355 § 2. 09% Increase § Prescription Insurance § Impact - $16, 323 § 0. 88% Increase

2017 -18 BUDGET DESCRIPTION Life Insurance Income Protection Vision Social Security Retirement Tuition Unemployment Comp. Workers Compensation Medical Dental Prescription Other Benefits TOTAL ALL BENEFITS $ 27, 354 61, 652 82, 752 2, 284, 583 9, 906, 247 220, 000 38, 319 192, 072 5, 131, 230 509, 990 1, 859, 745 80, 000 $ 20, 393, 944 2018 -19 PRELIMINARY $ $ INC (DEC) % INC (DEC) 1. 63% 1. 48% 7. 44% 4. 19% 5. 99% 6. 36% 0. 44% 2. 76% 2. 09% (11. 27%) 0. 88% 0. 00% 3. 83% 27, 801 62, 566 88, 906 2, 380, 286 10, 499, 141 234, 000 38, 487 197, 371 5, 238, 585 452, 497 1, 876, 068 80, 000 $ $ $ 447 914 6, 154 95, 703 592, 894 14, 000 168 5, 299 107, 355 (57, 493) 16, 323 - $ 21, 175, 708 $ 781, 764

20 21 -2 2 20 -2 1 33. 43% 20 19 -2 0 18 -1 9 [VALUE ] 20 20 35% 17 -1 8 16 -1 7 15 -1 6 30% 20 20 20 14 -1 5 20% 20 13 -1 4 12 -1 3 15% 20 20 11 -1 2 4. 8% 20 10 -1 1 4. 8% 20 09 -1 0 4. 7% 20 6. 5% 08 -0 9 07 -0 8 10% 20 20 06 -0 7 05 -0 6 5% 20 20 40% 35. 7% 34. 8% 35. 3% 30. 0% 25. 8% 25% 21. 4% 16. 9% 12. 4% 8. 7% 7. 1% 5. 6% 0%

§ Purchased Professional Services § CCIU Marketplace Services/Other § Special Education Services § Impact – ($589, 915) § Purchased Property Services § Duplication/Printing Services § Impact - $45, 000 § Capital Improvements § Impact - $25, 000

§ Other Contracted Services § Charter School Tuition § Impact - $200, 000 § Student Transportation § Krapf Contract § Impact - $120, 681 § Occupational Education § CCIU § Impact - $76, 614 § Approved Private School § Tuition § Impact - $100, 000 § Instructional Assistants § CCRES Para Professionals § Impact - $285, 000

§ Equipment § Student Technology § Impact - $50, 000

§ Fast Facts § Regular Education Tuition Rate - $12, 400 § Special Education Tuition Rate - $28, 753 § Traditional and Cyber Charter Schools § Tuition Rates are Identical § Current Enrollment § Regular Education – 166 § Special Education – 46 § Avon Grove Charter School 0. 21 2903 AGCS Enrollment 2258 0645 2 0. 78 7096 7741 9354 8 § Total 2018 -19 Budgeted Expense - $3, 450, 000 Regular Ed. Special Ed.

$ 1, 054, 839 $ 714, 330 $ 11, 036, 111 $ 5, 249, 570 Local State - PSERS State - Other Federal Fund Balance $ 68, 282, 647 Total Revenues - $86, 337, 497

1% 1% 13% Local 6% State - PSERS State - Other Federal Fund Balance 79% Total Revenues - $86, 337, 497

DESCRIPTION 2017 -18 BUDGET 2018 -19 PRELIMINARY $ INC (DEC) % INC (DEC) ( BASIC ED SUBSIDY $5, 675, 608 SPECIAL ED SUBSIDY 845, 792 TRANSPORTATION SUBSIDY 380, 075 $5, 651, 932 1, 45, 180 1, 000 23, 676) 1, 8 (612) 1, 4 19, 925 (0. 42%) RENTAL & SINKING FUND 560, 408 462, 239 98, 169) (17. 52%) 86, 000 - 0. 00% PROPERTY TAX REDUCTION ALLOCATION - - - 0. 00% PA ACCOUNTABILITY GRANT - - - 0. 00% READY TO LEARN BLOCK GRANT 400, 617 142, 291 RETIREMENT 900, 874 1, 1 47, 852 5, 2 348, 696 0. 00% SOCIAL SECURITY 400, 617 1, 90, 143 4, 49, 570 $15, 991, 665 $16, 285, 681 $294, 016 1. 84% (0. 03%) 1. 44% ( HEALTH SERVICES TOTAL REVENUE FROM STATE SOURCES 4. 19% 7. 11%

§ Basic Education § Adjusted to 2017 -18 Allocation § Impact – ($23, 676) § Student Transportation § Adjusted to 2017 -18 Allocation § Impact - $19, 925 § Rental Fund (Debt) Payment Reimbursement § Adjusted to 2017 -18 Allocation § Impact - ($98, 169) § Pennsylvania School Employees Retirement System § State’s Obligation to Reimburse 50% of the Certified Contribution Rate § Impact - $348, 696

DESCRIPTION CURRENT REAL ESTATE INTERIM REAL ESTATE PUBLIC UTILITY TAX 2017 -18 BUDGET 2018 -19 PRELIMINARY $58, 283, 781 000 00 $ INC (DEC) % INC (DEC) $59, 769, 283 400, 00 73, 0 00 4, 000 $1, 485, 502 300, 000) 70, 0 (3, 000) 4, 4 200, 000 2. 55% 100, 000 1, 7 - 12. 50% (1 (25. 00%) (4. 11%) EARNED INCOME 200, 000 TRANSFER TAX 800, 000 DELINQUENT TAX 775, 000 900, 000 1, 75, 000 80, 000 225, 000 145, 000 181. 25% IDEA 565, 257 535, 001 30, 256) (5. 35%) RENTALS/CONTRIBUTIONS/MISC. REVENUE 300, 427 308, 363 7, 936 2. 64% FUND BALANCE APPROPRIATION 714, 330 - 0. 00% $67, 191, 795 $68, 996, 977 $1, 805, 182 2. 69% EARNINGS ON INVESTMENTS 4. 76% 0. 00% ( TOTAL REVENUE FROM LOCAL SOURCES

§ Real Estate Tax § Imposition of Increased Millage Rate § Impact - $1, 321, 000 § Growth of Assessment Base § Impact - $164, 502 § Interim Real Estate Tax § New Properties or Improvements to Existing Properties § Impact – ($100, 000) § Earned Income Tax § Collections Through Keystone Collections Group § Impact - $200, 000 § Transfer Tax § Residential Sales § Impact - $100, 000 § Interest Earnings § Investments § Impact - $145, 000

6 5 4 3 2 1 0 2007 -08 2008 -09 2009 -10 2010 -11 2011 -12 2012 -13 Base Index 2013 -14 2014 -15 Tax Increase 2015 -16 2016 -17 2017 -18 2018 -19

Act 1 Index Allowable Exceptions Retirement Contributions Special Education Expenditures Maximum Tax Increase with Exceptions Percentage 2. 4% Expenditure Value $0. 00 2. 4% Mills 30. 596 . 000 30. 596

§ Finance Committee Meetings § 1 st Monday of Each Month February - June § Evaluate Commonwealth Budget Implications § Governor’s Presentation on February 6, 2018 § Potential Legislative Actions § Capitalize on Retirements § Track Enrollment and Class Sizes for Staffing Recommendations