wb fiscal update february 27, 2012. why are we here 0&thousands=y&format=html
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Wb Fiscal updateFebruary 27, 2012
Why are we here
• http://fyf.oecn.k12.oh.us/genForecast.asp?IRN=46060&Thousands=Y&Format=HTML
• TOTAL EXPENDITURES $27,492,000
• * $8,231 PER STUDENT
• MONTHLY EXPENSES $ 2,291,000
• * $685 PER STUDENT
• DAILY EXPENSES $ $76,366
• * $23 PER STUDENT
• HOURLY EXPENSES $ 3,181
• * $0.95 PER STUDENT
Let’s Drill Down
• TOTAL REVENUE
• * FY 12 $ 27,423,000
• * FY 13 $26,365,000 (anticipated)• Adjusted as of 2-27-2012 $25,700,000
• Do to decrease in enrollment
STATE AND LOCAL FUNDING
•TOTAL $ 2,129,616
•PER PUPIL $637
TRANSPORTATION
• Eliminated One Full-Time Route
• Leased Vans from SHCTC for small group trips
• Athletic Trips and Field Trips Pay For 1/3 of the Cost
• Purchased a Routing System to Analyze Efficiencies
Reductions FY 12
• 1 Custodian
• 2 HS Teachers
• 1 M.S Teacher
• Sports Maintenance Contract
• D.O. Cleaning
• Eliminated Sub Aides
• Negotiated a 5% decrease in Insurance
• Negotiated a pay freeze
• Eliminated 7 coaching/extra-curricular positions
Teaching and support Reductions
•TOTAL $552,000
•$400,000 from general fund
•$152,000 from athletic department•2% of total district budget
ATHLETICS
Expenditures
$0
$5,000,000
$10,000,000
$15,000,000
$20,000,000
Column3Column1Column2
• SALARIES $14,374,000
• BENEFITS $5,904,000
• 74% OF THE ENTIRE BUDGET
SALARIES AND BENEFITS
REVENUE/ EXPENDITURES
2009 2010 2011 2012 2013 201424,000
24,500
25,000
25,500
26,000
26,500
27,000
27,500
28,000
28,500
29,000
EXPENDITURESTOTAL REVENUEColumn1
DEFICIT SPENDING VS. BALANCE
2009 2010 2011 2012 2013 2014
-3,000
-2,000
-1,000
0
1,000
2,000
3,000
BALANCEDEFICIT SPENDING
WHY WE ARE HERE
FEDERAL AID
2009: 0
2010: $1.242 MILLION
2011: $1.550 MILLION
2012: $1.061 MILLION
2013: 0
WHY WE ARE HERE
• PROPERTY TAX TREND
• 2009: $3.9 MILION
• 2010: $4.075 MILLION
• 2011: $4.186 MILLION
• 2012: $4.446 MILLION
• 2013: $4.211 MILLION
• 2014: $4.045 MILLION
PURCHASED SERVICES
SalesDuke EnergyEnnis, Roberts & FischerD&W Fire SafetyClermont County Board of DDWood & SonsInnovative EnergyClermont Co. Juvenille CourtFrontier Phone ServiceESCHopewellCintasTuition Energy USAArts RentalSCOCOAOhio CasualtyBus Parts/ServiceWellington
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