2011-2012 Budget Information
OUR School District…OUR Children
Excellent and
Award-winning
Educational
Programs
This helps to
maintain and
increase property
values
We achieve this through
a serious and balanced approach
to year-round
fiscal responsibility
1
Budget Process
 At all times during the process, the
goal is to maintain the highest quality
of excellence in our educational
program for our students as possible.
Our students’ needs come first!
2
Budget Process
 Administration examines the set costs as determined by
contractual obligations, projections for health care,
projections for operational costs, etc.
 Administration reviews and studies enrollment
projections and, after registration time, includes actual
numbers into enrollment projections for 2011-2012.
Following this, staffing changes are planned.
 Building and cost site administrators submit budgets
according to the budget calendar distributed in early fall.
The building principals are given a per pupil and
building allocation amount for planning that covers
everything but salaries and operations:
Elementary
$208
Middle
$215
High School $242
 An early retirement incentive plan resulted in salary
savings. Health Care rates are at a historical low. No
new additional programs were added.
3
Budget Overview 2011-2012
Agenda
 Budget Process
 Revenue
 Index
 Assessments
 Summary Budget
 Expenditures
 Cost Increases
 Cost Reductions
 Conclusion
4
Sources of Revenue
Revenue is comprised of four sources: local, state, federal and fund balance.
Local revenue sources include real estate taxes, Per Capita taxes, tuitions,
earnings on investments and miscellaneous revenue.
State revenue sources include state subsidies for Basic Education Funding, Special
Education, and Transportation, State Property Tax Relief, Reimbursement for
Retirement payments.
Federal revenue source consists of Title I & II funds that have restricted uses.
Fund balance is the difference between net assets and liabilities and results when
revenues are greater than expenditures. It’s often referred to as a savings account,
but does not consist of only cash.
The Act 1 Index
The Act 1 Index is a result of the Taxpayer Relief Act of 2006, which established limits on tax
increases. The Index is calculated based on the percentage of increase in the State Wide Average
Weekly Wage (SAWW) and the percentage increase in the national Education Cost Index (ECI). The
SAWW is determined by the Department of Labor and Industry in the same manner as the
Unemployment Compensation Law and it is calculated on the previous calendar year. The ECI is
also based on the previous 12-month period beginning July 1st through June 30th using Elementary
and Secondary school data reported by the Bureau of Labor and Statistics.
Fiscal Year
11/12
SAWW
ECI
SAWW % +
ECI
%+
Base Index
$855
114
0.9%
1.9%
1.4%
10/11
$847
112
2.7%
3.0%
2.9%
09/10
$825
109
4.6%
3.6%
4.1%
08/09
$788
105
4.3%
4.5%
4.4%
07/08
$756
101
2.8%
4.0%
3.4%
06/07
$735
97
4.2%
3.5%
3.9%
Revenue
Rose Tree Media School District
Act 1 Index History
6.00%
5.00%
4.00%
3.00%
2.00%
1.00%
0.00%
District's Increase
Act 1 Index
Tax History
ROSE TREE MEDIA SCHOOL DISTRICT
PERCENT INCREASE IN REAL ESTATE TAX
School Year
2011/12
2010/11
2009/10
2008/09
2007/08
2006/07
2005/06
2004/05
2003/04
2002/03
8.50%
8.00%
7.50%
7.00%
6.50%
6.00%
5.50%
5.00%
4.50%
4.00%
3.50%
3.00%
2.50%
2.00%
1.50%
1.00%
0.50%
0.00%
Delaware County School District Proposed Mills
Ranked by Mills - June 2011
Mills
Mills
Mills
Mills
Mills
Rank
Incr %
Incr #
11/12
10/11
09/10
William Penn
1
12.98%
5.2000
45.2600
40.0600
36.9880
Wallingford-Swarthmore
2
1.40%
0.5260
38.1520
37.6260
36.5660
Chichester
3
4.51%
1.6351
37.9170
36.2819
34.6017
Ridley
4
4.14%
1.4730
37.0310
35.5580
33.2490
Southeast Delco
5
2.00%
0.7156
36.4996
35.7840
31.7840
Upper Darby
6
6.38%
1.9700
32.8700
30.9000
29.7200
Interboro
7
2.25%
0.7100
32.3100
31.6000
30.8300
Garnet Valley
8
2.86%
0.7870
28.2570
27.4700
26.6980
Springfield
9
2.92%
0.7940
28.0170
27.2230
26.2910
Haverford Twp.
10
6.30%
1.5419
26.0162
24.4743
23.1020
Chester Upland
11
0.00%
0.0000
24.2620
24.2620
24.0690
Penn-Delco
12
2.77%
0.6420
23.8250
23.1830
22.5430
Rose Tree Media
13
0.00%
0.0000
22.2522
22.2522
21.6251
Radnor
14
1.32%
0.2758
21.1439
20.8681
20.2731
Marple Newtown
15
5.50%
0.8974
17.2196
16.3222
15.1327
3.96%
1.1445
30.1336
28.9243
27.5648
District
9
Delaware County School District Proposed Mills
Ranked by Percentage - June 2011
Mills
Mills
Mills
Mills
Mills
Rank
Incr %
Incr #
11/12
10/11
09/10
William Penn
1
12.98%
5.2000
45.2600
40.0600
36.9880
Upper Darby
2
6.38%
1.9700
32.8700
30.9000
29.7200
Haverford Twp.
3
6.30%
1.5419
26.0162
24.4743
23.1020
Marple Newtown
4
5.50%
0.8974
17.2196
16.3222
15.1327
Chichester
5
4.51%
1.6351
37.9170
36.2819
34.6017
Ridley
6
4.14%
1.4730
37.0310
35.5580
33.2490
Springfield
7
2.92%
0.7940
28.0170
27.2230
26.2910
Garnet Valley
8
2.86%
0.7870
28.2570
27.4700
26.6980
Penn-Delco
9
2.77%
0.6420
23.8250
23.1830
22.5430
Interboro
10
2.25%
0.7100
32.3100
31.6000
30.8300
Southeast Delco
11
2.00%
0.7156
36.4996
35.7840
31.7840
Wallingford-Swarthmore
12
1.40%
0.5260
38.1520
37.6260
36.5660
Radnor
13
1.32%
0.2758
21.1439
20.8681
20.2731
Chester Upland
14
0.00%
0.0000
24.2620
24.2620
24.0690
Rose Tree Media
15
0.00%
0.0000
22.2522
22.2522
21.6251
3.96%
1.1445
30.1336
28.9243
27.5648
District
10
Assessment – Ten Year History
3,000,000,000
2,950,000,000
2,900,000,000
2,850,000,000
2,800,000,000
2,750,000,000
2,700,000,000
2,650,000,000
2,600,000,000
Taxable Assessed
Value
Revenue Budget Comparison
10/11
Major Object
Budget Amount
11/12
Budget Amount
$ Incr/Decr
% Incr/Decr
Local
65,368,067
65,703,346
335,279
State
11,093,727
9,923,162
-1,170,565
375,000
375,000
0
0.0%
4,973,887
4,636,276
-337,611
-6.79%
81,810,681
80,637,784
-1,172,897
-1.43%
Federal
Fund Balance
Total
0.51%
-10.55%
Revenue Budget Comparison
ROSE TREE MEDIA SCHOOL DISTRICT
History of Revenues
70,000,000
60,000,000
Total Dollars
50,000,000
40,000,000
30,000,000
20,000,000
10,000,000
Major Revenue Source
07/08 Actual
Local
Revenue
08/09 Actual
State
Revenue
09/10 Actual
Federal
Revenue
10/11 Budget
Other & Fund
Balance
11/12 Budget
Revenue Summary
ROSE TREE MEDIA SCHOOL DISTRICT
11/12 REVENUE BUDGET BY OBJECT
Fund Balance
5.7%
Federal
0.5%
State
12.3%
Local
81.5%
Local Revenue
11/12
Local Source
Real Estate Tax
Budget Amount
%
of Total
60,555,344
92.2%
Transfer Tax
650,000
1.0%
Delinquent Taxes
850,000
1.3%
Current Per Capita
350,000
0.5%
2,150,456
3.3%
120,000
0.2%
1,027,546
1.6%
65,703,346
100.0%
Tuition
Earnings on Investments
Rentals/Other
Local Revenue
Tuition Earnings on Investments
3.3%
0.2%
Rentals/Other
1.6%
Current Per Capita
0.5%
Delinquent Taxes
1.3%
Transfer Tax
1.0%
Real Estate Tax*
92.2%
Key Facts and Figures of the Revenue Budget.
-- Key Points - Loss of $1.1 million in state revenue
 Zero increase in federal revenue
 1 millage point (mill) is equal to approximately $2.77 million
 2010-2011 Real Estate Taxes are 22.2522 mills
 2011-2012 Real Estate Taxes are 22.2522 mills for a 0% increase.
 Act 1 Index is 1.4%
 2010-2011 Homestead exemption $206
 2011-2012 Homestead exemption $207
 Average homeowner assessment is $205,173
 Average homeowner tax bill is $4,566
 The use of $4.6 million in fund balance
17
Unfortunately, even with the budget we have,
there are cuts to the fund balance.
-- Fund Balance Reductions --
 2007/2008
$2.3 million
 2008/2009
$2.1 million
 2009/2010
$2.5 million
 2010/2011
$4.9 million
 2011/2012
$4.6 million
18
Expenditure Budget for 2011-2012 is $80,637,784
Agenda
 Budget Process
 Revenue
 Index
 Assessments
 Summary Budget
 Cost Increases
 Salaries
 Debt Services
 Special Education
19
Rose Tree Media School District’s
Expenditure Budget for 2011-2012
-- Agenda - Summary Budget
 Cost Reductions
 Early Retirement Incentive Plan
 Health Care Rates
 Professional Services
 Security
 Substitutes
 Supply and Equipment Requests
 Budgetary Reserve
20
Expenditure Budget for 2011-2012
In accordance with the Pennsylvania Department of Education expenditures are
categorized by objects and functions.
Objects
 Salaries - wages for all school district employees
 Benefits - health care, tuition reimbursement, retirement and social security
 Contracted Professional Services – tuition to the Intermediate Unit, legal and
auditing services
 Purchased Property Services - utilities, repairs and rentals.
 Other Purchased Services - transportation, property insurances, advertising,
tuitions and travel
 Supplies- books, general supplies and natural gas.
 Equipment - computers, furniture and vehicles
 Other objects – interest on bonds, dues and fees
 Other Uses of Funds – bond principal and fund transfers
21
Expenditure Comparison by Object
Major Object
10/11
11/12
Budget
Amount
Budget Amount
$ Incr/Decr
%Incr/Decr
Salaries
38,032,016
38,696,095
664,079
1.8%
Employee Benefits
15,814,741
14,618,425
-1,196,316
-7.6%
Contr Prof. Svc
4,844,151
4,937,055
92,904
1.9%
Purch Property Svcs
2,846,741
2,437,715
-409,026
-14.4%
Other Purchased
Svcs
6,239,673
5,929,472
-310,201
-5.0%
Supplies/Books
3,286,737
3,281,460
-5,277
-0.2%
698,884
68,062
10.8%
Property (Equipment)
630,822
Other Objects
3,948,807
3,719,959
-228,848
-5.8%
Other Financing Uses
6,166,991
6,318,719
151,728
2.5%
Total
81,810,679
80,637,784
-1,172,895
-1.4%
Expenditure Comparison by Object
ROSE TREE MEDIA SCHOOL DISTRICT
11/12 BUDGET EXPENSES BY OBJECT
Other Objects
5%
Property
1%
Other Uses of Funds
8%
Supplies
4%
Other Purchased
Services
7%
Salaries
48%
Purchased Property
Services
3%
Purchased Prof. &
Technical Services
6%
Benefits
18%
Expenditure Budget for 2011-2012 is $80,637,784
In accordance with the Pennsylvania Department of Education expenditures are
categorized by objects and functions.
Functions
 1000 Instruction-regular, special, vocational, alternative education programs
and the Delaware County Community College
 2000 Support Services-guidance, administration, student health, business,
operations and maintenance, student transportation, staff and technology
services
 3000 Operations of Non-Instructional Services-athletics, student activities,
and community services
 5000 Other Expenditures and Financing Uses-debt service, fund transfers,
and budgetary reserve
24
Expenditure Comparison by Function
10/11
Expense Function
11/12
–
$
%
Budget Amount
Budget Amount
44,332,354
44,353,330
20,976
0.05%
Instr Support Svcs
7,008,769
6,506,586
-502,183
-7.17%
Admin
3,479,849
3,295,964
-183,885
-5.28%
595,930
609,297
13,367
2.24%
Business Svcs
1,108,263
1,058,158
-50,105
-4.52%
Opn & Maint
8,010,649
7,526,512
-484,137
-6.04%
Transportation
4,964,818
4,900,550
-64,268
-1.29%
869,674
918,140
48,466
5.57%
Student Activities
1,210,565
1,308,413
97,848
8.08%
Debt Service
8,779,568
8,955,350
175,782
2.00%
Other Expenses
1,450,242
1,205,484
-244,758
-16.88%
81,810,681
80,637,784
-1,172,897
-1.43%
Instructional Programs
Pupil Health
Central Support Svcs
Total
Incr/Decr
–
Incr/Decr
Expenditure Comparison by Function
Interfund Transfers Out
1%
Community Services
0.13%
Student Activities
1.62%
Budgetary Reserve
0.31%
Debt Service
11%
Other Support Services
0.31%
Support Services-Central
1.14%
Instruction
36.35%
Transportation
5.98%
Business
1.31%
Operation & Maintenance.
9.33%
Pupil Health Services
0.76%
Administration
4.09%
Support Svcs- Instructional
Staff
5.02%
Pupil Personnel
3.05%
Special Programs
14.47%
DCCC
1.12%
Other Instructional Prgms
2.10%
Vocational
Education
0.97%
Rose Tree Media School District’s
Expenditure Budget for 2011-2012
2011-2012 Expenditures
27
Key Facts of the Expenditure Budget.
-- Key Points --
 1.4% Reduction in Expenditures from 2010-2011 Budget
 Historic Low Health Care Rates
 0% Salary Increase for Administrators
 Maintain Current Programs
 Reduction in Utility Costs
 Early Retirement Incentive Plan
28
Summary Budget
Budget Final
Expenditures
Instructional
Support Services/
Operations
Non-Instructional Services
Other Financing Services
Totals
Budget Final
Local
State
Federal
Sub Totals
Fund Balance
Totals
2010-2011
2011-2012
1000
2000
$44,183,057
26,431,003
$44,353,330
25,067,291
3000
5000
1,317,053
9,879,568
$81,810,681
1,411,813
9,805,350
$80,637,784
2010-2011
$65,368,067
11,093,727
375,000
$76,836,794
4,973,887
$81,810,681
2011-2012
$65,703,346
9,923,162
375,000
$76,001,508
4,636,276
$80,637,784
Revenues
6000
7000
8000
29
Challenges
Tax Appeals
Loss of State Funding
 Charter School Reimbursement
 Dual Enrollment Reimbursement
 Basic Education Subsidy
 Social Security Reimbursement
Unfunded Mandates
 Charter School Tuition
 Alternative Education
 Special Education
Future Retirement Costs
30
Highlights
 Zero Percent Tax Increase
 2011-2012 Homestead exemption $207
 Average homeowner assessment is $205,173
 Average homeowner tax bill is $4,566
 Maintain Current Programs
 An Award Winning District
31