mcsa presentation

MADISONCOUNTYSCHOOLALLIANCE

Welcome


Introduction & History

TROY ABBOTT

MADISON COUNTYSCHOOL ALLIANCE

MISSIONThe Madison County School

Alliance exists to createa stable school district

that will effectively and efficiently offer students

a quality educationin pursuit of academic

excellence in a safe and secure environment.

MADISONCOUNTYSCHOOLALLIANCEEmail

[email protected]

Websitemadisoncountyschoolalliance.com

FACEBOOK


DonationsMadisonCountySchoolAlliance

P.O.Box 222Chesterfield, IN 46017

Your support will make a difference!


RESEARCH COMMITTEEFocus on information gathering

for feasibility study, school board meetings, etc. in order to

further the ideals of MCSA.


PETITION COMMITTEEFocus on gathering signatures

needed to furtherthe ideals of MCSA.


FUNDRAISING &DONATIONS COMMITTEEFocus on raising and soliciting

funds in order to furtherthe ideals of MCSA.


COMMUNICATIONSCOMMITTEE

Focus on writing and communicating the ideals of MCSA

for different forums. Will also encompass signage and graphics.


CURRICULUMCOMMITTEE

Focus on establishing and outlining a proven educational model for

achieving academic success.


Committee signups,Survey, and

more informationavailable in lobby

THIS SATURDAY FEBRUARY 208AM – 11AM

Parkview Church911 S. Rangeline Road

(next to Tenth St. Elementary)

$6 ADULTS $4 Kids ages 4-103 & under FREE

YOUR SUPPORT MAKES A DIFFERENCE

MCSA

PANCAKE BREAKFASTFUNDRAISER


Options & Law

RICK FULAYTAR

ANDERSON COMMUNITY SCHOOL CORPORATION

Building expenditures since 2000:

Anderson $13,412,991Erskine $12,089,841Eastside $14,078,381

Anderson High $43,749,876Phase 1 $20,590,131Phase 2 $18,430,364Phase 3 $ 4,729,381

Highland High $40,195,297Phase 1 $18,570,289Phase 2 $21,625,008

TOTAL: $123,526,386

ANTICIPATED DEBT

TYPE OF DEBT ACS DEBT OUR SHARE Building Bond $109,800,000 $38,500,000 Pension Bond $38,485,000 $7,700,000 Common School $650,000 $130,000 Loan

Building Debt$38,500,000 @ 3.00% for 20 years

= $3,080,000 payment 1st year

Pension Debt$7,700,000 @ 5.00% for 20 years

= $770,000 payment 1st year

Common School Loan $130,000 @ 6.00% for 3 years

= $51,133 payment 1st year

MCSA TIMELINEAPRIL 1ST

Feasibility Study complete;Present to IN State Superintendent

MAY 1ST Make recommendation to State Board

of Education; hold Public Hearing

JUNE 1ST Petitions completed

JULY 1ST

Open New School Corporation

AUGUST 23RD FIRST DAY OF SCHOOL


Questions

PHIL MILLER

SURVEY RESULTSFROM 2/4/10 MEETING

314 SURVEYS70 (22%) YES

Interested… if possible by fall171 (55%) YES

No matter the time56 (18%) YES

If done by fall or longer8 (3%) MaybeNeed more facts

4 (1%) Very InterestedNeed more facts

1 (0%) NONot interested at all

4 (1%) BLANK


Closing Statement

TROY ABBOTT

Dr. Tony BennettIndiana School Superintendent

Photo – newsinfo.iu.edu

Mitch DanielsIndiana Governor

Photo courtesy of Indiana University

Dr. Felix ChowAnderson Community School Corp.

Superintendent

Photo – mlive.com

SCHOOL CORPORATION COMPARISONExpend per Pupil / %Pass ISTEP / Graduation Rate

SCHOOL ENROLL $ PASS% GRAD%ANDERSON 9,421 $13,442 51 60.5

ALEXANDRIA 1,549 $10,176 59.8 85.4

FRANK-LAPEL 2,541 $ 9,720 68.7 89.5

S MADISON 4,182 $9,534 70.4 90.0

ELWOOD 1,786 $11,150 54.7 91.1

DALEVILLE 680 $10,779 67.7 87.5

YORKTOWN 2,251 $8,834 70.3 93.0

SHENANDO 1,366 $10,271 71.8 83.5

MUNCIE 7,284 $14,635 49.4 84.5

DELTA 2,739 $9,346 69.9 90.8

ANDERSON COMMUNITY SCHOOL CORPORATION

2009-2010School Board

Philip (P.T.) Morgan, PresidentTimothy A. Long, Vice-President

William (Bill) Riffe, SecretaryTobi K. Jones, Assistant Secretary

Teddy Bohnenkamp, MemberKeith Millikan, Member

Irma Hampton Stewart, Member

School Fund Tax Rates& Assessed Valuation

Tax Rates/Payable 06/07 07/08 08/09 General Fund 0.79150 0.76150 0.01050

Debt Service 0.19350 0.43610 0.63740

Cap Projects 0.31420 0.34470 0.39970

Transportation 0.20970 0.22940 0.29960

Spec Ed Pre-Sch 0.00220 0.00220 0.0

Pension Bond 0.16300 0.17110 0.21280

Bus Replace 0.00180 0.05300 0.06020 TOTAL SCHOOL FUND 1.67590 1.99800 1.62020

School Fund Tax Rates& Assessed Valuation

Union Township$244,543,755

Richland Township

$148,032,791

TOTAL ASSESSED VALUATION$392,576,546

Revenue from TaxationUnion & Richland Townships

School Fund 08/09 Rev90% CollectGeneral 0.01050 $41,221 $37,099

Debt Service 0.63740 $2,502,283 $2,252,055

Capital Proj 0.39970 $1,569,128 $1,412,215

Transportation 0.29960 $1,176,159 $1,058,543

SpecEd Pre-Sch 0.0 -0- -0-

Pension bond 0.21280 $835,403 $751,863

Bus Replace 0.06020 $236,331 $212,698 TOTAL 1.62020 $6,360,525 $5,724,473

TOTAL ASSESSED VALUE $392,576,546

ANTICIPATED DEBT pg1

Building Bond Debt ACS DEBT $109,800,000

OUR SHARE $ 38,500,000

Pension Bond Debt ACS DEBT $38,485,000

OUR SHARE $ 7,700,000

Common School Loan ACS DEBT $650,000

OUR SHARE $130,000

ANTICIPATED DEBT pg2

Building Bond Debt$38,500,000

@ 3.00% for 20 years =$3,080,000 payment 1st year

Pension Bond Debt$7,700,000

@ 5.00% for 20 years =$770,000 payment 1st year

Common School Loan $130,000

@ 6.00% for 3 years =$51,133 payment 1st year

ANDERSON HIGH SCHOOL

HIGHLAND HIGH SCHOOL

Duck Creek

Van Buren

Boone

MonroePipe Creek

RICHLAND

Lafayette

Jackson

UNION

Anderson

Stony Creek

Fall Creek

Green Adams

MADISON COUNTY

mcsa presentation

Education

school boardphilip

common school loanacs

total school fund1

school board meetings

yearcommon school loan

rdfirst day of school

school fund tax rates

pension bond debtacs