MCS Educating ALL students to reach their potential.
MCS linked presentation May 15
Dec 21, 2014
Superintendent Gookins information meeting presentation with links to shared documents and comment form.
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Transcript
MCS
Educating ALL students to reach their
potential.
Goals
Review demographics of MCS student population
Convey a realistic financial picture of MCS’ General Fund
Share a proposed long term solution for MCS
MCS Demographic Picture
Demographics
Demographics
291 Public School CorporationsApprox. 250 have a declining enrollment
MCS is the norm, not the exception
Average Daily Membership Report Indiana Dept. of Education
Demographics
Since 2003, we have lost 300 students
The decline is at the elementary level
If current trends continue, in the next six years 175 or more will be gone!
Demographics
Finances
MCS General Fund
Assumptions No increase in wages or benefits
Enrollment trends continue Steady operational costs Tax base stays the same No major changes in community
Finances
DPI-54 DataDecember 15th, 2011April 16th, 2012
Why? • Declining Enrollment• Declining Special Ed Funding
$ 20,004,289$ 19,528,506
- $ 475,783
Finances
Federal Jobs Stimulus FundsSoft money
2011-2012 school year only
Saved 14 jobs this school year - $
674,768
Finances
$(475,783) DPI-54+
$(674,768) Stimulus
=$(1,150,551)
deficitor $1.15 million
Finances
Projected Funding Loss Declining Enrollment
- $ 162,000
$5,400 x 30 students
Finances
Projected Funding Loss Declining Enrollment
- $ 216,000
$5,400 x 40 students
Finances
Additional Potential Funding Loss Canaan Academy Charter
- $ 270,000
$5,400 x 50 students
Finances
Additional Potential Funding Loss Canaan Academy Charter
- $ 540,000
$5,400 x 100
students
Finances
Additional Potential Funding Loss Parochial Schools Neighboring Corporations
- $ 216,000
$5,400 x 40 students
Finances
Additional Potential Funding Loss Parochial Schools Neighboring Corporations
- $ 378,000
$5,400 x 70 students
Finances
Best Case Scenario
$(1.15 million) +$(162,000) + $(270,000) + $(216,000) =
$1.798 million deficit
Finances
Canaan (slide 13)
Enrollment(slide 12) Other
Schools(slide 14)
Worst Case Scenario
$(1.15 million) +$(216,000) + $(540,000) + $(216,000) =
$2.84 million deficit
Finances
Canaan (slide 13)
Enrollment(slide 12) Other
Schools(slide 14)
GOOD NEWS! FDK funding increases for 2012-2013 (projected 220 enrollment)
MCS has a reasonable cash balance as of 1/1/12 that needs to be maintained
+ $ 264,000
+ $ 2,658,205
Finances
Conservative figure moving forward…
$1.5 million shortfall
in the General Fund
Finances
Solution
How do we become a sound corporation for the future?
We have to look at the economy of scale…
3 buildings house 70% of the student population
Projected elementary student/teacher ratio without changes is less than 20:1
Average teacher cost is $72,000 (includes salary, benefits, FICA, retirement, etc.)
Solution
In order to save $1.5 million, positions must be reduced via retirements,
RIFs, and salary reductions.
We must look at a long-term solution!
Solution
24:1 ElementaryStudent/Teacher Ratio More balanced class numbers
Previous reductions already taken at secondary level
ALL students need to benefit
Solution
Administration recommends a reduction of $1.5 million in general fund expenditures 15-20 Certified Positions $100,000-$200,000 in non-certified position cuts
Solution
Administration recommends closing two schools…Dupont Elementary• Redistrict Dupont students• Students will attend EOM & Deputy• Maintain 24:1 average ratio
Solution
Administration recommends closing two schools…Anderson Elementary• Redistrict Anderson students• Students will attend EOM, Lydia & Rykers• Maintain 24:1 average ratio
Solution
Restore/Enhance Programs Art, Music, PE• Restore to year-round in elementary
30 minute increase in elementary instructional day
• Administration recommendation• More time on task for instruction• Enrichment/remediation opportunities• No monetary effect on transportation fund
Benefits
Restore/Enhance Programs Increased Collaboration
& Interventions• Equitable use of TITLE I funds• More program options
Technology Support• Consolidated operational costs• eRate Priority 2 Federal grant dollars
Rykers, Lydia, and Muncie
Benefits
ALL buildings would then… Have more balanced ratios Qualify for TITLE funds & support Allow for more tech funding & support
Hit our target savings of $1.5 million Be a long-term solution provided enrollment decline doesn’t escalate• In a worst case scenario, the administration recommends Deputy to close as well
Summary
MCS
Educating ALL students to reach their
potential.
Where to find it…
Main page of MCS website:www.madison.k12.in.us
Be sure to leave your comments! Comments will only be
shared with board & administration
Share your thoughts…Follow the link below and leave your comments on the proposal presented. Remember, your comments will only be shared with the school board and administration. Please only complete one entry per family.
Click Here
Thank
You!
Ratios
An-der-son
Deputy Dupont EOM Lydia Rykers0
5
10
15
20
25
30
CurrentProposed
PopulationAnderson
8% Deputy4%
Dupont4%
EOM15%
Lydia7%
Rykers8%
JHS23%
HS32%
Dupont
Anderson
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