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Report to the Community
Madeira City SchoolsOctober 2011
Madeira City Schools rated Excellent for the
12th straight year!
Scholarships Top State Rankings College Board, News Week U.S. News & World Report U.S. Dept. of Education Blue Ribbon Business Partnerships
Performance Index Trend
105.6 105.3107.3 106.5
107.6109.2
109.7
110.2
98
100
102
104
106
108
110
112
Benchmarking with other Districts
District Name (County) Performance Index2010-11
Indian Hill (Hamilton) 111
Wyoming (Hamilton) 110.9
Rocky River (Cuyahoga) 110.9
Solon (Cuyahoga) 110.7
Ottawa Hills (Lucas) 110.4
Mason (Warren) 110.3
Madeira (Hamilton) 110.2
Oakwood (Montgomery) 110.2
Minster Local (Auglaize) 109.8
Mariemont (Hamilton) 109.4
The Basics
Proposed Levy
6.9 mill Operating levy
$2.18 million per year to district
Cost
$209 per $100,000 HCA market value
$157 per $100,000 for residents 65 or over
Madeira Revenue
$15.2 million Fiscal Year 2012
68.6%
19.2%
12.3% Local Taxes
State Funding
Homestead/Rollback
Other Revenue <.1%
Revenue ChangesState & Federal Revenue Reductions
Elimination of $1.1 million $334,000 - Business tax
$109,000 - Electric dereg. reimbursement
$353,000 - State school funding
$300,000 - Federal stimulus funds
Revenue Forecast
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
2009 2010 2011 2012 2013 2014 2015 2016
State & Local Revenue
Local Revenue
State Revenue
Madeira Expenses$16.2 million
57.9%
17.9%
18.0%
6.1%
Fiscal Year 2012 Expenses
Salaries
Benefits
Purchased Services
Materials, Equip, Capital
0
1,000,000
2,000,000
3,000,000
4,000,000
5,000,000
6,000,000
7,000,000
8,000,000
9,000,000
10,000,000
2008 2009 2010 2011 2012
Salaries
Benefits
Purch Serv, Supplies, & EquipAll Other
2.4%
Avg.
Expense Trends
Benchmarking
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
18,000
Madeira Wyoming Mariemont Sycamore Indian Hill
2006-07
2007-08
2008-09
2009-10
Per Pupil Expenditure
Total Revenue & Expenses
12,000
13,000
14,000
15,000
16,000
17,000
2006 2007 2008 2009 2010 2011 2012
Total Revenue Total Expenses
Belt Tightening
0% increase in salary schedule
Healthcare consortium- managed increases to a 3% avg. over six years
Privatized/outsourced custodial, transportation, food service
$150,000 Energy savings
Renegotiated contracts and reduced positions
A Decade of Success……2000-2010
Standard of Care
Protecting our investment
Proactive planning
Communication
Alignment of Resources
The Bottom Line …
High levels of student achievement
70% of district revenue is from local property taxes
5 years since last levy
Efficient management of resources
$1.1 million in revenue reductions
Successful Schools, Successful Madeira
Questions & Additional Information
If you have additional questions or would like more information, please call the Board of Education office at 985-6070 or email:
Steve Kramer, Superintendentskramer@madeiracityschools.org
Kenji Matsudo, Assistant Superintendentkmatsudo@madeiracityschools.org
Susan Crabill, Treasurerscrabill@madeiracityschools.org
Or visit the Finance link at www.madeiracityschools.org