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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