budget update - april 2020 · 2020-05-14 · final budget 2018-2019 april 2019 actual percent of...

Budget Update - April 2020

Meeting of the Abington School District

Board of Directors

May 12, 2020

Final Budget

2018-2019

April 2019

Actual

Percent

of Budget

Final Budget

2019-2020

April 2020

Actual

Percent

of Budget

Real Estate Taxes 105,181,419$ 105,215,013$ 100.03% 105,304,781$ 105,350,137$ 100.04%

Earned Income Taxes 7,000,000$ 5,348,374$ 76.41% 7,200,000$ 5,463,070$ 75.88%

Other Local Revenue 4,440,042$ 4,376,317$ 98.56% 5,141,042$ 3,993,873$ 77.69%

Other Financing Sources -$ -$ -$ -$

Sub-total Local Revenue 116,621,461$ 114,939,704$ 98.56% 117,645,823$ 114,807,080$ 97.59%

State 29,512,945$ 16,103,928$ 54.57% 30,790,655$ 16,109,677$ 52.32%

Property Tax Relief - Gaming Distribution 3,225,775$ 3,225,775$ 100.00% 3,225,659$ 3,225,659$ 100.00%

Property Tax Relief - Sterling Act Reimbursements 2,258,281$ 2,258,281$ 100.00% 2,206,338$ 2,206,338$ 100.00%

Sub-total State Revenue 34,997,001$ 21,587,984$ 61.69% 36,222,652$ 21,541,674$ 59.47%

Federal 1,156,509$ 1,571,853$ 135.91% 1,753,941$ 1,348,991$ 76.91%

Sub-total Revenue 152,774,971$ 138,099,541$ 90.39% 155,622,416$ 137,697,745$ 88.48%

Allocated Fund Balance 7,734,433$ 0.00% 8,448,069$ 0.00%

TOTAL REVENUE & FUND BALANCE 160,509,404$ 138,099,541$ 86.04% 164,070,485$ 137,697,745$ 83.93%

Salaries 82,663,683$ 55,790,657$ 67.49% 84,730,274$ 57,554,209$ 67.93%

Negotiated Benefits 15,307,178$ 11,125,816$ 72.68% 14,640,129$ 11,306,657$ 77.23%

Mandated Benefits 35,511,130$ 18,550,421$ 52.24% 36,722,669$ 18,839,137$ 51.30%

Non-Salary/Non-Benefit 27,027,413$ 19,956,673$ 73.84% 27,977,413$ 19,959,357$ 71.34%

Reserve -$ -$ -$ -$

TOTAL EXPENSES 160,509,404$ 105,423,567$ 65.68% 164,070,485$ 107,659,360$ 65.62%

Interfund Transfers Out to Capital Projects Fund 1,630,612$ 1,630,612$ 100.00% 1,630,612$ 1,630,612$ 100.00%

TOTAL OPERATING EXPENSES AND TRANSFERS 162,140,016$ 107,054,179$ 66.03% 165,701,097$ 109,289,972$ 65.96%

-2-

4/20/2020

Abington School District

April 2019 & April 2020 Budget Comparison

Actual v. Budget

REVENUE

Local

EXPENSES

DRAFT

Proposed Final Budget

Meeting of the Abington School District

Board of Directors

May 12, 2020

Level2020-21 Projected

Enrollment

2019-20 Actual

Enrollment

2020-21 / 2019-20

Increase/

Decrease

Staffing

Adjustment

Grey Box**

Projections

Elementary General 4,191 4,157 34 0 3**

Elementary Itinerant

(Fine Arts) 1**

Junior General 1,726 1,659* 67 0 1**

Senior General 1,575 1,562* 13 0 0

Elementary Special 432 482 -50 2 1**

Junior Special 332 336 -4 1 0

Senior Special 325 319 6 1 0

TOTALS 8,581 8,515* 66 4 6**

5/12/2020

*Includes 19 students enrolled in ACE (6 Junior High School, 13 Senior High School).

**Includes 3 grey boxes for elementary general education, 1 grey box for elementary fine arts, 1 grey box for secondary

general education, and 1 grey box for elementary special education.


Summary of Enrollments and Staffing Projections

2020-2021

-2-

(a) Projected enrollment by grade. All sections based on district projections.

(b) Number of staff members assigned by grade.

(c) Projected size of sections.

School K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss

Copper Beech

(a) 158 157 163 182 182 150 188 1,180 1,190 -10

(b) 8 7 7 8 8 6 8 52 51 1

(c) 20 23 24 23 23 25 24

20 23 24 23 23 25 24

20 23 23 23 23 25 24

20 22 23 23 23 25 24

20 22 23 23 23 25 23

20 22 23 23 23 25 23

19 22 23 22 22 23

19 22 22 23

Av. Class Size, Gr. K-6 22.7


Highland

(a) 63 68 67 71 81 63 87 500 504 -4

(b) 3 3 3 3 4 3 4 23 23 0

(c) 21 23 23 24 21 21 22

21 23 22 24 20 21 22

21 22 22 23 20 21 22

20 21



McKinley

(a) 98 89 106 89 130 127 108 747 747 0

(b) 5 4 5 4 5 5 5 33 33 0

(c) 20 23 22 23 26 26 22

20 22 21 22 26 26 22

20 22 21 22 26 25 22

19 22 21 22 26 25 21

19 21 26 25 21



Projected Elementary Enrollment and Sectioning

2020-2021

TOTAL

Number of students

per section

TOTAL

Number of students

per section

TOTAL

Number of students

per section

-3-


Overlook

(a) 69 72 73 96 87 68 88 553 574 -21

(b) 3 3 3 4 4 3 4 24 25 -1

(c) 23 24 25 24 22 23 22

23 24 24 24 22 23 22

23 24 24 24 22 22 22

24 21 22



Roslyn

(a) 76 61 81 68 83 72 79 520 519 1

(b) 3 3 4 3 4 3 3 23 23 0

(c) 26 21 21 23 21 24 27

25 20 20 23 21 24 26

25 20 20 22 21 24 26

20 20



Rydal

(a) 84 111 97 83 104 89 95 663 657 6

(b) 4 5 4 4 4 4 4 29 29 0

(c) 21 23 25 21 26 23 24

21 22 24 21 26 22 24

21 22 24 21 26 22 24

21 22 24 20 26 22 23

22



Willow Hill

(a) 61 65 78 75 58 73 50 460 448 12

(b) 3 3 4 3 3 3 2 21 21 0

(c) 21 22 20 25 20 25 25

20 22 20 25 19 24 25

20 21 19 25 19 24

19


K 1 2 3 4 5 6 Projected Sept -20 Actual Oct-19 Gain/Loss

609 623 665 664 725 642 695 4,623 4,639 -16

Actual October 2, 2019 Enrollment 4,639

Projected September 2020 Enrollment 4,623

Student Increase/Decrease -16

Staff Increase/Decrease 0

Includes provision for 5 additional sections (grey boxes) 5/12/2020

TOTAL


Projected Elementary Enrollment and Sectioning

2020-2021 (Continued)

-4-

TOTAL

Number of students

per section

TOTAL STUDENTS PER

GRADE

Number of students

per section

TOTAL

Number of students

per section

TOTAL

Number of students

per section

School Grade Projected Sep-20 Student Gain/LossSuggested Staff

Addition/Reduction

7 609 35 0

8 577 24 0

9 540 8 1**

Special 332 -4 1

TOTAL 2,058 63

10 537 -4 0

11 537 27 0

12 501 -10 0

Special 325 6 1

TOTAL 1,900 19

SECONDARY

TOTAL3,958 82

5/12/2020

541


Projected Secondary Enrollment

2020-2021

Senior High

1,995

Junior High

Actual Oct-19

574

553

532

336

510

511

319

1,881

-5-

3,876

** Includes 1 grey boxes for secondary general education.

Location Program Enroll ■ TeacherLocation Program Enroll ■

AS 8 Schellinger AS 1

LS 22 Manchester LS 20

ES 6 Chung ES 6

LS/AS/ES 6 Kreitman LS/AS/ES 6

ES/AS 9 Trabert ES/AS 10

LS 12 Scholl-Moore LS 10

LS 15 Bedford LS 13

LS/ES/AS 14 Schnoll LS/ES/AS 12

AS 10 Herman AS 1

LS 18 LS 17

LS 21 Klepper LS/ES 20

LS/ES/AS 11 Luber LS/ES/AS 11

AS/ES/LS 8 Peterson AS/ES/LS 8

LS 12 Fisher LS 12

LS 21 Fitzsimmons LS 17

LS/ES/AS 7 McKinnon LS/ES/AS 7

AS 8 Freeston AS 7

LS/ES/AS 11 Crane LS/ES 9

AS 8 Charles AS 7

AS/ES 6 AS/ES 6

LS/AS 20 Czahor AS/ES 15

AS 8 Morris AS 7

AS 8 Petrilla AS 7

LS/ES/AS 3 LS/ES 3

ES 15 Marunich AS 4

ES 11 Weise ES 13

LS 10 Edwards ES 10

LS 19 Lucadamo LS 10

LS 15 Lee LS 15

LSS/AS 9 Mahoney LS 14

LS/LSS 7 Beil LSS 10

LS 17 Darrah LS/LSS 10

LS 19 ? Vozzy LS 15

LS/AS 12 Roach LS 15

LS/AS 5 Eisenman LS/AS 11

LS/AS 10 Harkins LS/AS 5

LS/AS 14 Caldwell LS/AS 10

LS 15 King LS/AS 14

LS-2 15 Levins LS 13

LS-2 9 Miller LS-2 15

LS 8 Marshall LS-2 9

Keeley LS 7

Seslow

TOTAL STUDENTS: 482 TOTAL STUDENTS: 432

TOTAL TEACHERS: 40.5

G

r TOTAL TEACHERS: 42

Itinerant (4.9) Gifted Itinerant (5.4) Gifted

Itinerant (9.8) Speech Itinerant (10.8) Speech *

Itinerant (3.1) Special Education Itinerant (2.6) Special Education

■ Students included < 95% in General Education

5/12/2020


Special Education Enrollment - Elementary Level

2020-2021

2019-2020 ACTUAL 2020-2021 PROJECTED

Copper Beech Copper Beech

Highland

McKinley

Overlook

Overlook

Roslyn

Roslyn

Highland

McKinley

-6-

* Includes one grey box

LS-2 Learning Support - Level 2

Rydal

Rydal

Willow Hill

Willow Hill

KEY

AS Autistic Support

ES Emotional Support

LS Learning Support

LSS Life Skills Support

Location Program Enroll ■ Location Program Enroll ■

LS/ES 21 LS/ES 17

LS2 15 LS2 11

LS/ES 15 LS/ES 17

LS/ES 20 LS/ES 17

LS/ES 16 LS/ES 17

AS 7 AS 8

ES 14 ES 12

ES 12 ES 12

LS/ES 15 LS/ES 17

AS 6 AS 8

LS/ES 15 LS/ES 17

LS/ES 18 LS/ES 17

LS/ES 15 LS/ES 16

LS2 13 LS2 17

LS/ES 18 LS/ES 16

AS 8 AS 8

LS2 14 LS2 10

LS/ES 20 LS/ES 16

LS/ES 19 LS/ES 15

LS/ES 21 LS/ES 16

LS/ES 16 LS/ES 16

LS/ES 18 LS/ES 17

TOTAL STUDENTS: 336 LS/ES 15

TOTAL TEACHERS: 22 TOTAL STUDENTS: 332

TOTAL TEACHERS: 23



Special Education Enrollment - Abington Junior High School

2020-2021


Abington

Junior High

SchoolAbington Junior

High School

5/12/2020KEY



LS Learning Support


AS Autistic Support

-7-

Location Program Enroll ■ Location Program Enroll ■

LS/ES/AS 16 LS/ES/AS 20


AS 9 AS 8












LS/ES/AS 12 LS/ES/LS 18

LSS 14 LSS 11




LS/ES/AS 18

LS/ES/AS

TOTAL STUDENTS: 319 TOTAL STUDENTS: 325

TOTAL TEACHERS: 19 TOTAL TEACHERS: 20


5/12/2020

-8-

LS Learning Support




Special Education Enrollment - Abington Senior High School

2020-2021


Abington

Senior High

School

Abington

Senior High

School

KEY

AS Autistic Support


Budget

2019-2020

Revenue &

Expense Changes

Revised

Preliminary

Budget

2020-2021

Percent

Change

Committed Fund Balance (Audited) 42,810,865$

Committed Fund Balance (Estimated) 32,732,184$

Real Estate Taxes 110,736,778$ 4,031,387$ 114,768,165$ 3.64%

State Property Tax Reductions (5,431,997)$ 22,509$ (5,409,488)$ -0.41%

Earned Income Taxes 7,200,000$ -$ 7,200,000$ 0.00%

Other Local Revenue 5,141,042$ 53,000$ 5,194,042$ 1.03%

Other Financing Sources -$ -$ -$

Sub-total Local Revenue 117,645,823$ 4,106,896$ 121,752,719$ 3.49%

State 30,790,655$ 1,270,363$ 32,061,018$ 4.13%

Property Tax Relief - Gaming Distribution 3,225,659$ -$ 3,225,659$ 0.00%

Property Tax Relief - Sterling Act Reimbursements 2,206,338$ (22,509)$ 2,183,829$ -1.02%

Sub-total State Revenue 36,222,652$ 1,247,854$ 37,470,506$ 3.44%

Federal 1,753,941$ 3,231$ 1,757,172$ 0.18%

Sub-total Revenue 155,622,416$ 5,357,981$ 160,980,397$ 3.44%

Allocated Fund Balance 8,448,069$ 1,138,485$ 9,586,554$ 13.48%

TOTAL REVENUE & FUND BALANCE 164,070,485$ 6,496,466$ 170,566,951$ 3.96%

Salaries 84,730,274$ 3,432,238$ 88,162,512$ 4.05%

Negotiated Benefits 14,640,129$ (105,106)$ 14,535,023$ -0.72%

Mandated Benefits 36,722,669$ 1,659,964$ 38,382,633$ 4.52%

Non-Salary/Non-Benefit 27,977,413$ 1,509,370$ 29,486,783$ 5.39%

Reserve -$ -$ -$

TOTAL EXPENSES 164,070,485$ 6,496,466$ 170,566,951$ 3.96%

Interfund Transfers Out to Capital Projects Fund 1,630,612$ 1,630,612$ 0.00%

TOTAL OPERATING EXPENSES AND TRANSFERS 165,701,097$ 172,197,563$ Estimated Committed Fund Balance for anticipated benefits for

employees and capital projects. 32,732,184$ 21,515,018$

5/12/2020, 2/25/2020


2020-2021 Budget Update

Index 2.6% (32.59 Mills) with Referendum Exceptions (32.97 Mills)

FUND BALANCE

REVENUE

Local

EXPENSES

-9-

Dollar Estimates

for 2020-2021 Mills Percent

Special Education Expenditures and Equivalent Number of Mills 903,292$ 0.27

Retirement Contributions and Equivalent Number of Mills 368,678$ 0.11

Total Allowable Amount of Referendum Exceptions and Mills 1,271,970$ 0.38

2020-2021 Millage Rate with Increase at Index 32.59

Percentage Increase over 2019-2020 Millage Rate 2.60%

2020-2021 Millage Rate at 2.6% Index & Referendum Exception 32.97


IMPACT OF INDEX MILLAGE RATE INCREASE ON AVERAGE

ASSESSMENT OF $141,130115.73$

ADDITIONAL IMPACT OF REFERENDUM EXCEPTION MILLAGE

RATE INCREASE ON AVERAGE ASSESSMENT OF $141,13053.63$

COMBINED IMPACT 169.36$

5/12/2020, 1/21/2020


2020-2021 Preliminary Budget

Impact of Raising Real Estate Taxes Above Act 1 Index - Referendum Exceptions

REFERENDUM EXCEPTIONS - Pennsylvania Department of Education (PDE)

PDE Allowable Referendum Expenditures

Proposed Millage Rates, Percent Increase, and Impact on Average Owner Assessment

-10-

Dollar Estimates

for 2020-2021 Mills Percent

Special Education Expenditures and Equivalent Number of Mills 903,292$ 0.27

Retirement Contributions and Equivalent Number of Mills 0.00

Total Allowable Amount of Referendum Exceptions and Mills 903,292$ 0.27

2020-2021 Millage Rate with Increase at Index 32.59


2020-2021 Millage Rate at 2.6% Index & Referendum Exception n/a n/a n/a

Percentage Increase over 2019-2020 Millage Rate n/a n/a n/a

IMPACT OF INDEX MILLAGE RATE INCREASE ON AVERAGE

ASSESSMENT OF $141,130115.73$

ADDITIONAL IMPACT OF REFERENDUM EXCEPTION MILLAGE

RATE INCREASE ON AVERAGE ASSESSMENT OF $141,130-$

COMBINED IMPACT 115.73$

5/12/2020

-11-


2020-2021 Proposed Final Budget

Impact of Not Raising Real Estate Taxes Above Act 1 Index

REFERENDUM EXCEPTIONS - Pennsylvania Department of Education (PDE)

PDE Approved Referendum Expenditures

Proposed Millage Rates, Percent Increase, and Impact on Average Owner Assessment

Revised

Preliminary Budget

2020-2021

Revenue &

Expense Changes

Proposed Final

Budget

2020-2021

Committed Fund Balance (Audited)

Committed Fund Balance (Estimated) 32,732,184$ 32,732,184$

Real Estate Taxes 114,768,165$ (1,321,216)$ 113,446,949$

State Property Tax Reductions (5,409,488)$ 2,660$ (5,406,828)$

Earned Income Taxes 7,200,000$ (720,000)$ 6,480,000$

Other Local Revenue 5,194,042$ -$ 5,194,042$


Sub-total Local Revenue 121,752,719$ (2,038,556)$ 119,714,163$

State 32,061,018$ (140,827)$ 31,920,191$

Property Tax Relief - Gaming Distribution 3,225,659$ 386$ 3,226,045$

Property Tax Relief - Sterling Act Reimbursements 2,183,829$ (3,046)$ 2,180,783$

Sub-total State Revenue 37,470,506$ (143,487)$ 37,327,019$

Federal 1,757,172$ -$ 1,757,172$

Sub-total Revenue 160,980,397$ (2,182,043)$ 158,798,354$

Allocated Fund Balance 9,586,554$ (588,557)$ 8,997,997$

TOTAL REVENUE & FUND BALANCE 170,566,951$ (2,770,600)$ 167,796,351$

Salaries 88,162,512$ (200,000)$ 87,962,512$

Negotiated Benefits 14,535,023$ (1,232,924)$ 13,302,099$

Mandated Benefits 38,382,633$ (324,321)$ 38,058,312$

Non-Salary/Non-Benefit 29,486,783$ (1,013,355)$ 28,473,428$

Reserve -$ -$ -$

TOTAL EXPENSES 170,566,951$ (2,770,600)$ 167,796,351$

Interfund Transfers Out to Capital Projects Fund 1,630,612$ 1,630,612$



5/12/2020

-12-

FUND BALANCE

Local

EXPENSES



Revenue and Expense Adjustments - Index 2.6% Tax Increase

Revised

Preliminary Budget

2020-2021

Revenue &

Expense Changes

Proposed Final

Budget

2020-2021

Local Revenue 121,752,719$ (2,038,556)$ 119,714,163$

State

Basic Education Funding 7,295,463$ 93,053$ 7,388,516$

Special Education Funding 3,674,142$ 8,280$ 3,682,422$

Pupil Transportation 1,200,000$ (200,000)$ 1,000,000$

Property Tax Relief - Gaming Distribution 3,225,659$ 386$ 3,226,045$

Property Tax Relief - Sterling Act Reimbursements 2,183,829$ (3,046)$ 2,180,783$

PA Accountability Grant 401,756$ -$ 401,756$

State Share Social Security 3,372,216$ (7,650)$ 3,364,566$

State Share Retirement Contributions 15,212,441$ (34,510)$ 15,177,931$

Other Miscellaneous State Sources 905,000$ -$ 905,000$

Sub-total State Revenue 37,470,506$ (143,487)$ 37,327,019$

Federal 1,757,172$ -$ 1,757,172$




Salaries 88,162,512$ (200,000)$ 87,962,512$


Mandated Benefits 38,382,633$ (324,321)$ 38,058,312$


Reserve -$ -$ -$

TOTAL EXPENSES 170,566,951$ (2,770,600)$ 167,796,351$


TOTAL OPERATING EXPENSES AND TRANSFERS 172,197,563$ 169,426,963$

5/12/2020



State Revenue Adjustments - Index 2.6% Tax Increase

REVENUE

EXPENSES

-13-

Revised

Preliminary Budget

2020-2021

Revenue &

Expense Changes

Proposed Final

Budget

2020-2021

Local Revenue 121,752,719$ (2,038,556)$ 119,714,163$

State Revenue 37,470,506$ (143,487)$ 37,327,019$

Federal 1,757,172$ -$ 1,757,172$




Salaries 88,162,512$ (200,000)$ 87,962,512$


Mandated Benefits - Social Security Employer Contribution 6,744,432$ (15,300)$ 6,729,132$

Mandated Benefits - PSERS Employer Contribution 30,424,882$ (69,020)$ 30,355,862$

Mandated Benefits - Wkrs' Compensation & Unemployment 1,073,318$ (100,000)$ 973,318$


Reserve -$ -$ -$

TOTAL EXPENSES 170,426,950$ (2,630,599)$ 167,796,351$


TOTAL OPERATING EXPENSES AND TRANSFERS 172,057,562$ 169,426,963$

5/12/2020



Expense Adjustments - Index 2.6% Tax Increase

REVENUE

EXPENSES

-14-

Budget

2019-2020

Revenue &

Expense Changes

Proposed Final

Budget 2020-2021

Percent

Change



Real Estate Taxes 110,736,778$ 2,710,171$ 113,446,949$ 2.45%


Earned Income Taxes 7,200,000$ (720,000)$ 6,480,000$ -10.00%



Sub-total Local Revenue 117,645,823$ 2,068,340$ 119,714,163$ 1.76%

State 30,790,655$ 1,129,536$ 31,920,191$ 3.67%

Property Tax Relief - Gaming Distribution 3,225,659$ 386$ 3,226,045$ 0.01%



Federal 1,753,941$ 3,231$ 1,757,172$ 0.18%

Sub-total Revenue 155,622,416$ 3,175,938$ 158,798,354$ 2.04%

Allocated Fund Balance 8,448,069$ 549,928$ 8,997,997$ 6.51%


Salaries 84,730,274$ 3,232,238$ 87,962,512$ 3.81%

Negotiated Benefits 14,640,129$ (1,338,030)$ 13,302,099$ -9.14%


Non-Salary/Non-Benefit 27,977,413$ 496,015$ 28,473,428$ 1.77%

Reserve -$ -$ -$

TOTAL EXPENSES 164,070,485$ 3,725,866$ 167,796,351$ 2.27%




-15-

5/12/2020



Index 2.6% Tax Increase

FUND BALANCE

REVENUE

Local

EXPENSES

2019-2020 2020-2021 DifferencePercent

Change

Average Assessment 141,130.00$ 141,130.00$

Prior Year Millage Rate 31.77 32.59

Amount of Tax 4,483.70$ 4,599.43$ 115.73$

Impact for Average Owner 2.58%

Homestead Property Tax Relief - Sterling Act Credit (145.00)$ (144.00)$

Homestead Property Tax Relief - Gaming (212.00)$ (212.00)$

TOTAL HOMESTEAD PROPERTY TAX RELIEF (357.00)$ (356.00)$

Amount of Tax After Decrease in Mills Property Tax Relief 4,126.70$ 4,243.43$ 116.73$


NOTE: VALUE OF A MILL AT 97.4% COLLECTION RATE - $3,315,051

5/12/2020



Index 2.6% Tax Increase

Impact on Owner

IMPACT ON AMOUNT PAID BY AVERAGE OWNER WITH HOMESTEAD PROPERTY TAX RELIEF

INCREASE AT 2.6% INDEX PLUS EXCEPTION

-16-

Budget

2019-2020

Revenue &

Expense Changes

Proposed Final

Budget 2020-2021

Percent

Change



Real Estate Taxes 110,736,778$ (139,974)$ 110,596,804$ -0.13%


Earned Income Taxes 7,200,000$ (720,000)$ 6,480,000$ -10.00%



Sub-total Local Revenue 117,645,823$ (781,805)$ 116,864,018$ -0.66%

State 30,790,655$ 1,129,536$ 31,920,191$ 3.67%

Property Tax Relief - Gaming Distribution 3,225,659$ 386$ 3,226,045$ 0.01%



Federal 1,753,941$ 3,231$ 1,757,172$ 0.18%

Sub-total Revenue 155,622,416$ 325,793$ 155,948,209$ 0.21%

Allocated Fund Balance 8,448,069$ 3,400,073$ 11,848,142$ 40.25%


Salaries 84,730,274$ 3,232,238$ 87,962,512$ 3.81%

Negotiated Benefits 14,640,129$ (1,338,030)$ 13,302,099$ -9.14%


Non-Salary/Non-Benefit 27,977,413$ 496,015$ 28,473,428$ 1.77%

Reserve -$ -$ -$

TOTAL EXPENSES 164,070,485$ 3,725,866$ 167,796,351$ 2.27%




-17-

5/12/2020



No Tax Increase

FUND BALANCE

REVENUE

Local

EXPENSES

2019-2020 2020-2021 DifferencePercent

Change

Average Assessment 141,130.00$ 141,130.00$

Prior Year Millage Rate 31.77 31.77

Amount of Tax 4,483.70$ 4,483.70$ -$


Homestead Property Tax Relief - Sterling Act Credit (145.00)$ (144.00)$

Homestead Property Tax Relief - Gaming (212.00)$ (212.00)$

TOTAL HOMESTEAD PROPERTY TAX RELIEF (357.00)$ (356.00)$

Amount of Tax After Decrease in Mills Property Tax Relief 4,126.70$ 4,127.70$ 1.00$


NOTE: VALUE OF A MILL AT 97.4% COLLECTION RATE - $3,315,051

5/12/2020



No Tax Increase

Impact on Owner

IMPACT ON AMOUNT PAID BY AVERAGE OWNER WITH HOMESTEAD PROPERTY TAX RELIEF

INCREASE AT 2.6% INDEX PLUS EXCEPTION

-18-

General Fund Budget Approval

Date of Adoption of the General Fund Budget:

President of the Board - Original Signature Required Date

Secretary of the Board - Original Signature Required Date

Chief School Administrator - Original Signature Required Date

Contact Person Telephone Extension

Email Address

Christopher Lionetti (215)881-2542 Extn :

[email protected]

05/12/2020

Printed 5/8/2020 7:15:03 PM

LEA Name : 123460302 MontgomeryAbington SD County :AUN Number :Class : 2

FINAL GENERAL FUND BUDGETFiscal Year 2020-2021

Page 19

PROPOSED VERSION

ITEM AMOUNTS

Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year

0810 Nonspendable Fund Balance 501,881

0820 Restricted Fund Balance

0830 Committed Fund Balance 32,732,184

0840 Assigned Fund Balance

0850 Unassigned Fund Balance

Total Estimated Beginning Unreserved Fund Balance Available for Appropriation and Reserves Scheduled For Liquidation During The Fiscal Year $32,732,184

Estimated Revenues And Other Financing Sources

6000 Revenue from Local Sources 119,714,163

7000 Revenue from State Sources 37,327,019

8000 Revenue from Federal Sources 1,757,172

9000 Other Financing Sources

Total Estimated Revenues And Other Financing Sources $158,798,354

Total Estimated Fund Balance, Revenues, and Other Financing Sources Available for Appropriation $191,530,538

2020-2021 Final General Fund Budget Estimated Revenues and Other Financing Sources: Budget Summary

Page - 1 of 1

LEA : 123460302 Abington SD

Printed 5/8/2020 7:15:09 PM

Page 20

Amount

REVENUE FROM LOCAL SOURCES6111 Current Real Estate Taxes 108,040,121

6112 Interim Real Estate Taxes 95,000

6113 Public Utility Realty Taxes 115,000

6114 Payments in Lieu of Current Taxes - State / Local 75,000

6150 Current Act 511 Taxes - Proportional Assessments 7,880,000

6400 Delinquencies on Taxes Levied / Assessed by the LEA 1,500,000

6500 Earnings on Investments 750,000

6800 Revenues from Intermediary Sources / Pass-Through Funds 1,162,542

6910 Rentals 75,000

6940 Tuition from Patrons 20,000

6990 Refunds and Other Miscellaneous Revenue 1,500

REVENUE FROM LOCAL SOURCES $119,714,163

REVENUE FROM STATE SOURCES7111 Basic Education Funding-Formula 7,388,516

7160 Tuition for Orphans Subsidy 200,000

7271 Special Education funds for School-Aged Pupils 3,682,422

7311 Pupil Transportation Subsidy 1,000,000

7320 Rental and Sinking Fund Payments / Building Reimbursement Subsidy 525,000

7330 Health Services (Medical, Dental, Nurse, Act 25) 180,000

7340 State Property Tax Reduction Allocation 5,406,828

7501 PA Accountability Grants 401,756

7810 State Share of Social Security and Medicare Taxes 3,364,566

7820 State Share of Retirement Contributions 15,177,931

REVENUE FROM STATE SOURCES $37,327,019

REVENUE FROM FEDERAL SOURCES8513 IDEA, Section 619 5,000

8514 NCLB, Title I - Improving the Academic Achievement of the Disadvantaged

695,421

8515 NCLB, Title II - Preparing, Training and Recruiting High Quality Teachers and Principals

164,394

8516 NCLB, Title III - Language Instruction for Limited English Proficient and Immigrant Students

39,419

8517 NCLB, Title IV - 21St Century Schools 52,938

8810 School-Based Access Medicaid Reimbursement Program (SBAP) Reimbursements (Access)

800,000

REVENUE FROM FEDERAL SOURCES $1,757,172

TOTAL ESTIMATED REVENUES AND OTHER SOURCES 158,798,354

2020-2021 Final General Fund Budget Estimated Revenues and Other Financing Sources: Detail

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Page 21

CODE

6111 Current Real Estate Taxes Amount of Tax Relief forHomestead Exclusions

Tax Levy Minus HomesteadExclusions

Net Tax RevenueGenerated By MillsCounty Name Taxable Assessed Value Real Estate Mills Tax Levy Generated by Mills Percent Collected

Montgomery 3,569,984,179 32.5900 116,345,784 97.38700%

Totals: 3,569,984,179 116,345,784 - 5,406,828 = 110,938,956 X 97.38700% = 108,040,121

Rate Estimated Revenue

6120 Current Per Capita Taxes, Section 679 $0.00 0

6140 Current Act 511 Taxes – Flat Rate Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue

6141 Current Act 511 Per Capita Taxes $0.00 $0.00 0 0

6142 Current Act 511 Occupation Taxes – Flat Rate $0.00 $0.00 0 0

6143 Current Act 511 Local Services Taxes $0.00 $0.00 0 0

6144 Current Act 511 Trailer Taxes $0.00 $0.00 0 0

6145 Current Act 511 Business Privilege Taxes – Flat Rate $0.00 $0.00 0 0

6146 Current Act 511 Mechanical Device Taxes – Flat Rate $0.00 $0.00 0 0

6149 Current Act 511 Taxes, Other Flat Rate Assessments $0.00 $0.00 0 0

Total Current Act 511 Taxes – Flat Rate Assessments 0 06150 Current Act 511 Taxes – Proportional Assessments Rate Add'l Rate (if appl.) Tax Levy Estimated Revenue

6151 Current Act 511 Earned Income Taxes 0.500% 0.000% 6,480,000 6,480,000

6152 Current Act 511 Occupation Taxes 0.000 0.000 0 0

6153 Current Act 511 Real Estate Transfer Taxes 0.500% 0.000% 1,400,000 1,400,000

6154 Current Act 511 Amusement Taxes 0.000% 0.000% 0 0

6155 Current Act 511 Business Privilege Taxes 0.000 0.000 0 0

6156 Current Act 511 Mechanical Device Taxes – Percentage 0.000% 0.000% 0 0

6157 Current Act 511 Mercantile Taxes 0.000 0.000 0 0

6159 Current Act 511 Taxes, Other Proportional Assessments 0 0 0 0

Total Current Act 511 Taxes – Proportional Assessments 7,880,000 7,880,000

Total Act 511, Current Taxes 7,880,000

Act 511 Tax Limit --> 5,725,379,415 X 12 68,704,553

Market Value Mills (511 Limit)

2020-2021 Final General Fund Budget Local Education Agency Tax Data

Page - 1 of 1LEA : 123460302 Abington SD

Printed 5/8/2020 7:15:13 PM

REAL ESTATE, PER CAPITA (SEC. 679), EIT/PIT (ACT 1), LOCAL ENABLING (ACT 511)

Page 22

Description Amount

1000 Instruction

1100 Regular Programs - Elementary / Secondary 76,868,1671200 Special Programs - Elementary / Secondary 22,654,5111300 Vocational Education 1,627,7451400 Other Instructional Programs - Elementary / Secondary 233,855

Total Instruction $101,384,278

2000 Support Services

2100 Support Services - Students 6,926,1012200 Support Services - Instructional Staff 6,009,7252300 Support Services - Administration 9,731,7852400 Support Services - Pupil Health 2,522,5262500 Support Services - Business 2,583,0612600 Operation and Maintenance of Plant Services 15,515,9502700 Student Transportation Services 8,923,1902800 Support Services - Central 3,312,5912900 Other Support Services 105,050

Total Support Services $55,629,979

3000 Operation of Non-Instructional Services

3200 Student Activities 1,686,0413300 Community Services 388,053

Total Operation of Non-Instructional Services $2,074,094

4000 Facilities Acquisition, Construction and Improvement Services

4000 Facilities Acquisition, Construction and Improvement Services 123,000

Total Facilities Acquisition, Construction and Improvement Services $123,000

5000 Other Expenditures and Financing Uses

5100 Debt Service / Other Expenditures and Financing Uses 8,487,0005200 Interfund Transfers - Out 1,728,612

Total Other Expenditures and Financing Uses $10,215,612

Total Estimated Expenditures and Other Financing Uses $169,426,963

2020-2021 Final General Fund Budget Estimated Expenditures and Other Financing Uses: Budget Summary

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Page 23

Account Description Amounts

0810 Nonspendable Fund Balance 501,881

0820 Restricted Fund Balance

0830 Committed Fund Balance 22,103,575

0840 Assigned Fund Balance

0850 Unassigned Fund Balance

Total Ending Fund Balance - Committed, Assigned, and Unassigned $22,103,575

5900 Budgetary Reserve

Total Estimated Ending Committed, Assigned, and Unassigned Fund Balance and Budgetary Reserve $22,605,456

2020-2021 Final General Fund Budget Fund Balance Summary (FBS)

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Printed 5/8/2020 7:15:19 PM

Page 24

9. $2.4 million for general and special education instructional supplies, replacement textbooks, and new

textbook adoptions

10. $745,000 for plant services and transportation services maintenance and repair supplies

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The 2020-2021 Proposed Final Budget Includes:

1. $438,000 for 6 additional instructional staff positions (wages & benefits) to be responsive to increasing

enrollment

2. $2.6 million of contracted services for special education, legal services, required testing, and audit

services

14. $10.2 million principal and interest for general obligation bonds debt service

13. $350,000 for replacement plant services and student transportation vehicles

4. $1.7 million for special and general education out-of-district placements

3. $2.3 million for utilities

5. $1.4 million for charter school tuition

6. $1.6 million for high school students to attend the EASTERN Center for Arts and Technology

5/12/2020

11. $1.75 million for Digital Transformation Plan and replacement business office and human resources

software

12. $290,000 co-curricular athletic supplies

7. $800,000 for insurance

8. $2.4 million for contracted student transportation services

Budget Topics Action

Adopt 2020-2021 Final Budget Board Resolution

Taxpayer Relief Act - Implement a Homestead

Exclusion for Property Tax ReliefBoard Resolution

Charge to Tax Collectors Board Resolution

5/12/2020



June 23, 2020

BUDGET PROCESS AND SCHEDULE

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budget update - april 2020 · 2020-05-14 · final budget 2018-2019 april 2019 actual percent of...

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