Roanoke County Public Schools

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Roanoke County Public Schools

• Budget Overview for Principals
• 2005-06
• February 15, 2005

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School Budget is made up of

• Operating Fund
• Nutrition Fund
• Grants Fund
• Textbook Fund
• Bus Fund
• Capital Fund
• Alternative Education Fund
• Debt Fund

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Budget Teams

• Teachers Salary
• Administrative Salary
• Classified Salary
• Senior Staff Budget
• Superintendents Budget

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Important Dates

• January 26 Public Hearing
• Feb 16 enrollment, preliminary revenues
• Feb 22 department budgets, personnel
• Mar 2 revenue, health insurance, other funds
• March 8 Joint School County work session
• March 9 and 16 budget work sessions
• March 23 School Board adopts budget
• April 1 School budget to County
• May 1 County adoption of School budget

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Average Daily Membership
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Where do we get our funding?
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How do we spend it?

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Average Teacher Salary how do we compare?

• National Average 45,930
• Salem 44,492
• Roanoke County 44,139
• Virginia Average 42,778
• Botetourt 42,738
• Roanoke City 41,468
• Bedford 36,524
• Montgomery County 37,390

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Teacher Salary Benchmarks..

• 59th for beginning teachers
• 53rd for 10 years
• 29th for 20 years
• 76th for 30 years

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Past Salary Increases (average)

• 05-06 ???
• 04-05 3.5
• 03-04 2.0
• 02-03 2.5
• 01-02 4.0

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Cost of 1 Raises

• Teachers 605,000
• Administration 71,000
• Classified 135,000
• Total 811,000

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Instructional positions funded 100 with local
dollars

• 151 teachers
• 127 instructional assistants
• 23 assistant principals
• This means smaller class sizes but also less
  money for other budget needs!

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First Priority this Year 6M

• Salary increases for all employees
• Health insurance increase
• Dental insurance increase
• VRS rate increase
• Retiree health credit increase (state mandate)
• Capital funding

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Second Priority this Year 1.2M

• Technology teachers (SOQ required)
• Utilities and gasoline
• Regional school cost increase
• ESL and HI teacher
• Extra bus runs
• Post-season coaching supplements (FLSA)
• Governors School tuition increase

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Third Priority this Year

• All other requests that have not been mandated or
  required for compliance with SOQ, NCLB, or other
  state and federal regulations.

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State Budget Proposals

• New school funds range from 2.7M to 3.4M
• Technical corrections not funded in House budget
  could result in Basic Aid pro-ration this year!!
• Conference committee will work out compromise by
  Feb 26th.

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New State Mandated Costs

• 14 new technology instructors.
• Increase in retiree health credit from 2.50 to
  4.00 per month times yrs of service (900/yr to
  1,440/yr max) not available to
  non-professional employees.
• Increase in VRS rates paid 100 by RCS.

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Salary IncreasesGovernor vs Senate vs House

• 1.75 Governor (3 Dec 1)
• 1.50 Senate (3 Jan 1)
• 1.46 House (2.5 Dec 1)
• State funds for this are less than cost to give
  all RCS teachers 1 raise

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County Government

• Combine new local tax revenue with new school
  revenue.
• Allocate to employee salaries and benefits first.
• Then 300,000 to capital.
• Then split balance 50/50 lt 500,000 to cover
  earlier priorities.

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As for the future.

• Year of Restraint
• Economy continuing to improve but..
• Look for VRS rates to take a big jump.
• Few businesses offer defined benefit plans
  anymore.
• Possible adjustment to the RCS retiree health
  credit due to rising state mandated credit.
• New regulations on unfunded post-retirement
  obligations (i.e. retiree health insurance) go
  into effect in 2007.
• Rebenchmarking in Fall 2005 will increase state
  costs for K-12.

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The Good News is.

• 100 of our schools fully accredited
• Good schools attract good business.
• Good schools attract more students.
• Good schools increase property values.
• leading to a thriving community.

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Yet Another ChallengeQuestions?