Moultonborough School District2013-2014 Budget

Goals for Tuesday, November 20 th

To develop a collective understanding of the economic “new normal” and its impact on MSD

To develop a collective understanding of the population and demographic “new normal” and its impact on MSD

To look at and discuss “Draft One” of MSD’s proposed 2013-2014 budget

The Budget Environment: Leading Economic Indicators – U.S.

(conference-board.org)

The economy continues to improve

Dec Jan Feb Mar Apr May Jun Jul Aug 93.5

94

94.5

95

95.5

96

Dec 2011 – Aug 2012

The Budget Environment: Stock Market – S&P 500

(www.CNNMoneyI)

The stock market continues its upward trend

The Budget Environment: CPI – Northeastern U.S.

(www.bls.gov/cpi)

CPI trending downward, following energy prices

2009 2010 2011 2012-1

0

1

2

3

4

5

Percent Change in CPISeptember 2009 – September 2012

The Budget Environment: Percent Unemployed

(NH Employment Security – ELMI Bureau)

Overall, unemployment rates are declining

Jan-12 Feb Mar Apr May Jun Jul Aug0.00

1.00

2.00

3.00

4.00

5.00

6.00

7.00

State M'Boro Ctr. Harbor Meredith

The Budget Environment: Real Estate Market

(LakesRegionRealEstate – Roy Sanborn)

Locally, more homes are selling, but at a lower price

Homes Sold Median Price

Jan-11 Jan-120

10

20

30

40

50

60

70

80

90

100

Sep 2011 Sep 2012180000

185000

190000

195000

200000

205000

210000

The Budget Environment: “New Normal’”

Overall, economic signs are improving, BUT

Continued slow recovery from the “great recession”

Deficit reduction at federal level = less aid for education

Downshifting at state level = increased costs at local level

Declining property values = higher local tax rates

A Look At Our Schools: Cost Per Student(NH DOE)

Our cost per student is high, but stabilizing

FY07 FY08 FY09 FY10 FY118,000

10,000

12,000

14,000

16,000

18,000

20,000

MSD State I-L GWRSD

New Normal Includes: Slow growth economy Stable or declining birth rate Slower in migration Aging population Limited revenues Rising fixed costs

The Following two Slides are from

A Look At our Schools: Enrollments(NH DOE)

As expected, enrollment continues to decline

FY05 (710) FY06 (686) FY07 (683) FY08 (682) FY09 (679) FY10 (633) FY11 (658) FY12 (604) FY13 (572)0

100

200

300

400

500

600

700

800

374 335 331 334 324 300 309 274 262

126126 114 116 109

96 102104 97

210225 238 232 246

237 247226

213

Moultonborough Schools Enrollment 2004-05 through 2012-13

9 - 12

7 - 8

P - 6

The following slides are from the NH Center from Public Policy(http://www.nhpolicy.org/report.php?report=322)

“From Tailwind to Headwind: NH's Shifting Economic Trends”

• NH Center for Public Policy: Slowing rate of growth; workforce population now moving out of state rather than moving in

• Demographics Task Force Report: Aging population, especially in Lakes Region

A unique opportunity to LEAD the conversation or be victims of the “new

normal”

Looked closely at the number of sections we need in art, music, physical education, and foreign language in K-12

Worked line by line in every budget area: athletic, buildings and grounds, technology, and school buildings

Looked closely and creatively at the schedule at MA1. Reorganize the 8 period day, alternate electives, class

sign-ups in January 2013 to allow for in-depth schedule work

2. Meet with Interlakes to look at AP offerings and distance learning potential

3. Redirect some MA staff to 21st Century Learning—Real World Design Challenge—STEM

4. Take our 10th grade students to tour the Regional Technology Center, meeting for parents and parent tour

2013-14 Budget Challenges: Major Increases NH Retirement: Downshifted costs and rate increase

of about 24.7% = $187,133 Health Insurance increase of about 11% = $151,443 Dental Insurance increase of 1.2% = $9964 Year 2 of CBA = $96,000 Special Education increases = $27,000 Transportation increases of approximately $14,000 Total of above increases about $485,500

2013-14 Budget V.1 absorbs all of the above AND reduces the budget by $112,383; a reduction of about .8% from the current year

2013-14 Budget Challenges: Major Decreases Reduction in Force of 6.2 FTE’s

3.5 positions already reduced -3 half-time positions at MCS will be fully retired -MCS assistant principal positions vacant -Athletic Director/physical ed teacher now ½ time -1/2 time Community Ed absorbed by Business hire

2.7 additional reductions in proposed budget -.7 music, .5 physical ed -.5 foreign language, 1 art

Reduction in department heads, co-curricular activity advisors, unit leaders

Lakes Region Technology Center ABOS—Administrative Business & Office Systems Graphics &

Design Agricultural Science Auto Collision Repair Automotive Technology Business Information Technology Child Care Computer Networking Construction Trades Culinary Arts Health and Science Technology Hospitality Marketing Education Multi-Media Television/Radio Multi-Media Communication/Stage

Dec. 6 LRTC presentation @ MA 10:00 a.m.

Dec. 10 MA 10th graders (approx. 49 total) to LRTC.  Leave MA shortly after school starts at 7:30 a.m.

Dec. 13 LRTC/MA combined presentation for parents at MA   6:30 p.m. - 7:30 p.m.

Dec. 17 MA parents who are interested visit LRTC.  Meet there at 8:30 a.m.