WATERFORDPUBLICSCHOOLS BudgetWorkshop#2–02/09/23 Superintendent’sFY24RecommendedBudget EMPOWERExcellence
EmpowerExcellence Format •ExecutiveSummaryofFY24 Budget •Follow-uponLastWeek’sItems •Questions&Commentsfromthe BOEonBudget •PublicComment
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EXECUTIVESUMMARY FY24
SUPERINTENDENT’S RECOMMENDED BUDGET
UtilizedremainingCOVIDReliefFunds.($488K)
Eliminatedpositions.($205K)
Reducedservices.($50K)
Reducedrequestsforstaff,supplies,materials,and equipment.($235K)
Implementedenergyefficiencyproject($276K) –atcurrentmarketrate
EmpowerExcellence FY24BudgetMitigation $1.25MAlreadyMitigated 2+%ofOverallBudget •
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EmpowerExcellence LINEITEMSREDUCED ORLEVEL-FUNDED 60%ofallline itemsin FY24budget reducedorflat.
EmpowerExcellence Lossofgrantfunds Lossof$1Min grantfundsfrom FY23toFY24
Using$488Kin
COVIDReliefFunds
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ProposedBudget
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Salaries&Non-HealthcareBenefits$1,056,7982.03% HealthInsurance$741,9291.42% **NewStateMandated PK-3ReadingTextbooks**$500,000 0.96% Heat,Energy,Fuel$369,638 0.71% Transportation&Nursing$299,421 0.57% SpecialEducationCostsatWHSfor TherapeuticDayProgram –LossofCOVIDFunds$150,0000.29% NewAirQualityTestingLegislation$64,0000.12% Total$3,178,8646.1% EverythingElse($57,532)(.11%) 5.99%IncreaseinFY24-Utilizing$488,546inCOVIDReliefFunds
MainBudgetDrivers
EmpowerExcellence budgetincreases TOWNFY24BUDGETINCREASETODATE STONINGTON8.00% SOUTHINGTON7.31% EASTLYME6.97% NEWINGTON6.95% CROMWELL6.94% WALLINGFORD6.21% BETHEL5.95% EASTHAMPTON5.80% GROTON4.98% OLDSAYBROOK4.94% GUILFORD4.78% AreaandDRGDDistricts
CostContainment
CONTINUETOPURSUECOMPETITIVEGRANTS-$160,000INFY23
AGGRESSIVECOLLECTIVEBARGAINING ELIMINATEDOUT-OF-TOWNMAGNETTRANSPORTATION REDUCEDIN-TOWNBUSRUNS
TERMINATEDTFSAGREEMENT&CREATEDOUROWNIN-DISTRICTPREKPROGRAM
38%REDUCTIONINSTUDENTSATTENDINGMAGNETSCHOOLS(2016TO2023) ENERGYEFFICIENCYPROJECTS
REDUCTIONOFSTAFFWITHENROLLMENTTRENDS REDEPLOYMENTOFSTAFFTOAREASOFHIGHERNEED
REDUCEDSERVICES/PROGRAMS
UTILIZEOUROWNVANFLEETTOREDUCETRANSPORTATIONCOSTS
IMPLEMENTEDPARTNERSHIPSWITHK-8DISTRICTSTOATTENDWHS
INCREASEDIN-DISTRICTSPECIALEDUCATIONPROGRAMSTOREDUCE OUTPLACEMENTCOSTS
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JustificationforIncrease
BudgetresponsivetocontinuedCOVIDrecovery
Fiscallymindfulbudgetrequest
Negativebudgetonareasoutsideofcostdrivers
Impactofcostdriversisunusuallyhigh
Inflation
Thisisnotatimetoreduceservicestostudents
Averageincreaselast10years=1.9%
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FOLLOW-UPITEMS FROMLASTWEEK
EmpowerExcellence Chromebook ReplacementCycle Thereis$142KintheFY24budgetfor Chromebookreplacements.Howmany chromebookswillthatbuy? 400chromebookspluslicensing
Inservicecontractmaintenance,thereis$45Kin FY24.Whatexpensestypicallycomeoutofthat categoryandwhatisthemoneyusedfor? Thesearetypicalexpensesandtypesand amountsvaryslightlyfromyeartoyear.
EmpowerExcellence ServiceContract
Maintenance
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BOARDQUESTIONS &COMMENTS
