SchoolBoardWorkSessionOperatingandCapitalBudgetOffice of Management and Budget June 16, 2020

Agenda

• Operating Budget• Estimated revenue• Appropriations• Future issues

• Capital Budget• Estimated revenue• Appropriations• Future issues

• Next steps2

OperatingBudget

3

BoardBudgetProject

Work Session Recap• FEFP review• School allocations and appropriations• Strategic Plan alignment to the budget• Academic Return on Investment (A‐ROI)• Department operating budgets • Systemwide funding to support students• Districtwide funding to support operations

4

FTEActualandForecast

150,000

160,000

170,000

180,000

190,000

200,000

210,000

220,000

230,000

240,000

250,000

07‐08 08‐09 09‐10 10‐11 11‐12 12‐13 13‐14 14‐15 15‐16 16‐17 17‐18 18‐19 19‐20 20‐215

6

 ‐

 50.0

 100.0

 150.0

 200.0

 250.0

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

In Billions

EDREstimatesOrangeTaxableValuesasofJanuary2020

TotalStateAppropriations(AllFunds)

7

0%

5%

10%

15%

20%

25%

30%

35%

40%

45%

Education Enhance. and Ed.Other

Human Services Criminal Justice andCorrections

NaturalResources/Environ./Growth

Mgt./Transp.

General Government Judicial Branch

2017‐18

2018‐19

2019‐20

2020‐21

EducationAppropriations(AllFunds)

8

0%

10%

20%

30%

40%

50%

60%

70%

Early Learning Public Schools Community Colleges Universities Other

2017‐18

2018‐19

2019‐20

2020‐21

BudgetedFundingPerStudentSecondCalculationFEFPWithCPIComparison

7,309.24 

6,988.29 

6,530.42 

6,447.36 

6,228.17 

6,346.25 

6,735.24 

6,883.27 

7,057.07 7,120.32  7,231.06 

7,343.01 

7,632.22 

7,798.92 

360.11 339.16 

123.53 

210.64 

468.97 452.48 

466.16 

491.16 

551.32 585.43 

630.39 658.98 

711.84 

765.59 

 6,000.00

 6,500.00

 7,000.00

 7,500.00

 8,000.00

 8,500.00

 9,000.00

 9,500.00

July 2007 July 2008 July 2009 July 2010 July 2011 July 2012 July 2013 July 2014 July 2015 July 2016 July 2017 July 2018 July 2019 July 2020

State Funding Federal Stimulus Critical Needs Millage Edu Jobs One Mill CPI

$619Less

ConferenceReport

9

0.7480 Disc Mill0.74800.74800.74800.74800.74800.74800.74800.74800.74800.7480Disc Mill

0.7480

1.5000 Cap Millage1.5000

1.50001.50001.50001.50001.50001.50001.50001.50001.5000Cap Millage1.5000

RLE3.6100

3.87604.05104.22204.56304.97005.22605.11405.23005.29705.3960

5.420RequiredLocalEffort

Critical, 0.2500

1.0000Sp. Millage1.0000

1.00001.00001.0000

1.00001.00001.00001.0000Sp. Millage1.0000

0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

8.00

9.00

10.00

FY21FY20FY19FY18FY17FY16FY15FY14FY13FY12FY11FY10Disc Mill Cap Millage RLE Critical Sp. Millage

Reduced 1.81

MillageRates

10

Priorities

• Potential for revenue shortfall• COVID‐19 safety measures • Compensation to employees• Mental health assistance • Instructional support for Teaching and Learning• Preserving academic programs• Retain highly qualified teachers• Protect arts, athletics, and student activities

11

OtherBudgetImpacts

• Florida Retirement System rate increases ‐ $15.5m• Current year 1.5% salary impact on FY21 budget ‐ $17m• Family Empowerment Scholarship ‐ $10.6m• Budget adjustments• CARES Act funding

12

WheretheDollarsGo

13

Ranked #6Administrative Costs

Teaching, Transporting, Supervising and Counseling 

Students78%

Library Materials, Staff Training and Curriculum 

Development7%

Acquiring, Operating and Maintaining School 

Facilitities10%

Central and Fiscal Services, General Administrtation and 

District Technology5%

Reserves• Board Policy DB‐requires not less than 3% unassigned fund balance for fiscal emergencies ‐ $55 million

• Unassigned fund balance at June 30, 2019• 5.25%• $95 million

• Impacts to the unassigned fund balance include• $16.9 million for delayed premium/plan changes• $17 million for first year of additional 1.5% raise• Revenues earned or received versus planned• Expenditures incurred versus planned• Close‐out process concludes in September

• Adjusted unassigned fund balance $62 million 14

FoodServiceEnterprise

15

Meal Prices FY 19‐20 Price

FY 20‐21 Price

Breakfast, Elementary Paying Student $1.35  $1.35 

Breakfast, Secondary Paying Student $1.75  $1.75 

Breakfast, Adult $2.75  $2.75 

Lunch, Elementary Paying Student $1.90  $1.90 

Lunch, Secondary Paying Student $2.75  $2.75 

Lunch, Adult $3.75  $3.75 

FutureIssues

• Legislative funding for Public Education• Sharp decline in State revenues• Long term affect of the COVID‐19 Pandemic• Special Millage renewal in effect through FY23

16

CapitalBudget

17

18

 ‐

 100.00

 200.00

 300.00

 400.00

 500.00

 600.00

 700.00

2021 2022 2023 2024 2025

In M

illions

Fiscal Year

Other State

PECO

Sales Taxes

Impact Fees

Property Taxes

BudgetedCapitalRevenuesbySource

18

279.90 282.80  285.60  288.50  291.30 

141.70 

208.60 

277.20  279.90  282.80 

‐

50.00 

100.00 

150.00 

200.00 

250.00 

300.00 

350.00 

2021 2022 2023 2024 2025

FY20 Approved CIP FY21 Plan

InMillions

19

SalesTaxRevenueProjections

19

18

Districtwide Capital 8.21%

Comprehensive Needs 27.79%

Additional Schools 28.02%Site Acquisition 0.93%

Security System/Environmental Projects 0.32%

Portables 3.52%

Educational Tech 8.54%

Charter Schools  1.63%

Buses & Equipment 3.01%

Debt Service & Ops 18.03%

CapitalProjectsUseofFunds(ExcludingReserves)

20

SalesTaxAppropriations

• Complete list of 136 schools• Relief Schools• Digital Curriculum• Capital Renewal• Functional Equity • Pre‐2003 Sales Tax schools

21

Five‐YearNewSchoolOpenings

• 2020  Sunshine ES• 2020  Summerlake ES• 2020  Vista Pointe ES• 2021  113‐H‐W‐4• 2021  43‐E‐SE‐2• 2021  80‐H‐SW‐4  

22

Five‐YearNewSchoolOpenings

• 2022  89‐E‐W‐4• 2022  114‐E‐W‐4• 2022  30‐E‐SE‐3• 2022  90‐K8‐N‐7• 2022  132‐M‐W‐4• 2023  65‐M‐W‐4• 2023  45‐M‐SE‐2

23

Five‐YearNewSchoolOpenings

• 2024  47‐E‐W‐4• 2024  58‐E‐SE‐2

24

FY2021ComprehensiveProjects‐Construction

• Orange Technical College – Orlando• Orange Technical College – Westside 

25

FY2021ComprehensiveProjects‐Design

• Orange Technical College – Mid Florida Tech • Orange Technical College – Winter Park• Howard MS (Pre‐2003 Sales Tax schools)• Lakeview MS (Pre‐2003 Sales Tax schools)• Three Points ES (Pre‐2003 Sales Tax schools)• Winter Park HS (Pre‐2003 Sales Tax schools) 

26

OtherFY2021Appropriations

• Completion of digital curriculum initiative ‐$16.8m • School bus replacement‐ $16.1m• Portable moves and leasing‐ $18.9m• Charter school capital funding‐ $8.7m• District‐wide painting‐ $5.8m

27

LongRangePlanHighlights

• Completion of original sales tax list• 22 relief schools• Capital renewal throughout plan• Completion of the digital rollout• Dollars for repurposing schools• Functional equity• Pre‐2003 Sales Tax schools

28

FutureIssues

• Adjust projected revenues for COVID‐19 impacts• Re‐prioritize projects in our plan• Review enrollment forecasts for relief schools• Renewal of the ½ Penny Sales Tax

29

NextSteps

• F.S. 1001.51 (11)(b), Superintendent prepares budget for school board adoption

• Public hearing on Tentative Budget– July 30• Public hearing on Adopted Budget– September 8

30

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Superintendent’sComments

SchoolBoardQuestionsandDiscussion