Regular Board Meeting October 27, 2011. Initial Charter (2005 – 2011) Renewal of Charters (2011 – Present ) Start Up Dollars (HEAP, PCSP, Impact Aid,

Regular Board Meeting October 27, 2011

Initial Charter (2005 – 2011)

Renewal of Charters (2011 – Present )

Start Up Dollars (HEAP, PCSP, Impact Aid, Restart)

Start-up funding - $0

TRSL Higher costs

Special Revenues Grants More competitively awarded

Insurance costs for facilities N/A New cost started July 2011

Increase in Special Education Costs

Population increase of students in ACSA

Competitive Market for Human Capital

Teacher Incentive Funds

(TIF)

TIF ends 6/30/2012; Adjust wage scale to

recruit and retain staff

Changes in enrollment policy

N/A Potentially narrow recruitment zone for

Algiers

Central Office◦ TAP Staff $195K

Positions/Use of Funds Numbers Impacted Dollar Impact TAP Support & CODE System (Evaluations)

2 positions $240,000

Master teachers 9 positions $700,000

Master teachers stipends 28 positions $123,000

Mentor teacher stipends 56 positions $242,000

Release Time Specialists/Subs 12 positions $820,000

Performance Pay Teachers, paraprofessionals,

administrators, school staff

$822,000

HQT Support $65,000

Retention and Recruitment Incentives Association wide $833,000

Travel/Training Association wide $209,000

Eliminates the funding for 23 full time positions

Salary augmentations/stipends for approximately 84 teachers, principals, and other school administrators

Loss of ability to recruit and retain staff

Sustaining model as part of future competitive grants

Approximately $4 million

Charter contracts for 5 schools indicated the option to get out of TRSL for the new charter period

Previous schools that opted out all had to follow BESE guidelines to be removed from TRSL (Bulletin 126 Section 1905 pg. 20)

With execution of the contract, ACSA was technically out of TRSL– July 1, 2011

ACSA learned of this mid-to-late September from Office of Parental Options (OPO)

OPO provided all contracts to ACSA on October 5, 2011.

May 31, 2011 Contracts submitted to Office of Parental Options (OPO)

June 13, 2011 Contracts executed by BESE; Payment to TRSL for ACSA employees

July 1, 2011 Effective date of new contract

July 28, 2011 Finance Meeting and Regular Board Meeting to review and pass 2011-2012 budget , which included TRSL

July/Aug Calls/emails to Office of Parental Options (OPO regarding contracts; Payments to TRSL

Sept. 2011 Calls/emails to OPO for contracts; Received one (1) contract mid-September and learned it was retroactive to July 1st.

School Board Approved

Enrollment

Enrollment as of 10/1/2011

Variance (Student Gap)

Behrman 675 640 -35

Eisenhower 610 609 -1

Fischer 684 634 -50

McDonogh #32 520 492 -28

Algiers Technology Academy

320 293 -27

O. P. Walker 901 897 -4

Alice Harte 658 648 -10

Edna Karr 955 929 -26

TOTAL 5,323 5,142 -181

School Enrollment Revenue - as

of 10/1/11 Count

Ongoing Expenses

Variance

Behrman 4,963,200 5,242,524 -279,324

Eisenhower 4,722,795 5,049,452 -326,657

Fischer 4,916,670 4,938,293 - 21,623

McDonogh #32

3,913,860 3,961,029 - 47,169

Algiers Technology Academy

2,330,815 2,639,152 -308,336

O. P. Walker 7,135,635 7,475,756 -340,121

Alice Harte 5,201,399 5,256,719 - 55,317

Edna Karr 7,456,944 7,603,168 -146,224

TOTAL 40,641,318 42,166,093 -1,524,775

Retirement ◦ Employee Contribution ◦ Employer Contribution

Fiscal Year Employee -Member

Employer-Employee Match

Employer- Unfunded Liability

Total Employer Contribution

2006-07 8% 6.64% 9.16% 15.80%

2007-08 8% 6.93% 9.67% 16.60%

2008-09 8% 6.95% 8.55% 15.50%

2009-10 8% 5.76% 9.74% 15.50%

2010-11 8% 5.70% 14.50% 20.20%

2011-12 8% 5.97% 17.73% 23.70%

2012-2013 (projected)

8% 5.81% 18.69% 24.50%

TRSL YEAR

TRSL EMPLOYER

MATCH

TRSL- EMPLOYER UNFUNDED LIABILITY

(TRSL Debt)

TRSL Unfunded Accrued Liability

RATE%

TOTAL EMPLOYER PAID to

TRSL

2008-2009

$2,269.420 $ 2,791,876 8.55% $5,061,296

2009-2010

1,984,275 $ 3,355,353 9.74% $5,339,638

2010-2011

1,883,905 $ 4,792,389 14.5% $6,676,294

2011-2012 (projected)

1,779,060 $ 5,283,539 17.73% $7,062,599

2012-2013 (projected)

1,731,380 $ 5,569,619 18.69% $7,300,999

◦ Adjustments in 2011-2012 budgets due to not meeting enrollment targets (10.1.11 count)

◦ Less competitive pay for staff without TIF for 2012-2013

◦ Ending of TIF and increases in TRSL will impact staffing structure in schools starting 2012-2013 Approximately 120 layoffs Less staff in schools – increased class sizes

No adjustments in 2011-2012 budgets for schools that did not meet enrollment targets

Maintains existing staff structure at schools for 2012-13 academic year

Realignment /increase in wages to be more competitive with other schools

Development of alternative retirement option

1) ACSA – Participation in TRSL

2) ACSA – No Participation in TRSL- Timing?

Retirement ◦ Employee Contribution ◦ Employer Contribution

Fiscal Year Employee -Member

Employer-Employee Match

Employer- Unfunded Liability

Total Employer Contribution

2006-07 8% 6.64% 9.16% 15.80%

2007-08 8% 6.93% 9.67% 16.60%

2008-09 8% 6.95% 8.55% 15.50%

2009-10 8% 5.76% 9.74% 15.50%

2010-11 8% 5.70% 14.50% 20.20%

2011-12 8% 5.97% 17.73% 23.70%

2012-2013 (projected)

8% 5.81% 18.69% 24.50%

Status as of 6/30/09

Type of School School06-07 SAI

07-08 SAI 08-09 SAI 09-10 SAI 10-11 SAI10-11 Grad. Points

 Avg. SPS

(FY09+FY10)/2

Avg. SPS (FY10+FY11)/2 +

Grad Points

Letter Grade

Growth During Initial Charter

Period (2006-2011)*

  Type 5 - RSD Behrman 82.3 92.8 96.3 102.3 112.6     99.3 107.5 B+ 30.3

  Type 4 - OPSB Harte 70.0 82.8 95.1 93.1 108.9     94.1 101.0 C+ 38.9

  Type 5 - RSD Eisenhower 60.0 66.7 72.3 86.5 83.3     79.4 84.9 D 23.3

  Type 5 - RSD Fischer 36.8 62.0 59.3 66.0 78.7     62.6 72.4 D+ 41.9

AUS Type 5 - RSD McD 32 33.8 42.0 59.3 60.3 63.9     58.8 62.1 F 30.1

AUS Type 5 - RSD Tubman 41.0 50.3 57.6 53.4 77.6     55.5 65.5 D+ 36.6

                          0.0

AUS Type 5 - RSD ATA   44.1 57.1 52.9 80.0 9.6   55.0 76.1 D+ 35.9

AUS Type 5 - RSD Walker 40.0 49.2 63.3 73.5 96.5 10.5   68.4 95.5 C+ 56.5

  Type 4 - OPSB Karr 80.4 80.4 85.3 89.9 85.0 28.0   87.6 115.5 B+ 4.6

  ACSA - Average   49.4 63.4 71.7 75.3 88.6     73.4 89.4 D+ 39.2

Letter GradeSPS Range 2010-2011    

A 120-200    

B 105-119.9    

C 90-104.9

D 65-89.9

F 0 - 64.9

Notes:

1) Karr's increase is largely attributable to graduation cohort data

2) Tubman increased by 21.2 points in FY11. No formal letter grade is provided for this school.

3) ACSA's district average does not exclude's Tubman.