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

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Presentation on theme: "Regular Board Meeting October 27, 2011. Initial Charter (2005 – 2011) Renewal of Charters (2011 – Present ) Start Up Dollars (HEAP, PCSP, Impact Aid,"— Presentation transcript:

1 Regular Board Meeting October 27, 2011

2 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 facilitiesN/ANew 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 policyN/APotentially narrow recruitment zone for Algiers

3 Central Office TAP Staff $195K Positions/Use of FundsNumbers Impacted Dollar Impact TAP Support & CODE System (Evaluations) 2 positions$240,000 Master teachers9 positions$700,000 Master teachers stipends28 positions$123,000 Mentor teacher stipends56 positions$242,000 Release Time Specialists/Subs12 positions$820,000 Performance PayTeachers, paraprofessionals, administrators, school staff $822,000 HQT Support$65,000 Retention and Recruitment IncentivesAssociation wide$833,000 Travel/TrainingAssociation wide$209,000

4 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

5 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.

6 May 31, 2011Contracts submitted to Office of Parental Options (OPO) June 13, 2011Contracts executed by BESE; Payment to TRSL for ACSA employees July 1, 2011Effective date of new contract July 28, 2011Finance Meeting and Regular Board Meeting to review and pass 2011-2012 budget, which included TRSL July/AugCalls/emails to Office of Parental Options (OPO regarding contracts; Payments to TRSL Sept. 2011Calls/emails to OPO for contracts; Received one (1) contract mid-September and learned it was retroactive to July 1st.

7 SchoolBoard Approved Enrollment Enrollment as of 10/1/2011 Variance (Student Gap) Behrman675640-35 Eisenhower610609-1 Fischer684634-50 McDonogh #32520492-28 Algiers Technology Academy 320293-27 O. P. Walker901897-4 Alice Harte658648-10 Edna Karr955929-26 TOTAL5,3235,142-181

8 SchoolEnrollment Revenue - as of 10/1/11 Count Ongoing Expenses Variance Behrman4,963,2005,242,524-279,324 Eisenhower4,722,7955,049,452-326,657 Fischer4,916,6704,938,293- 21,623 McDonogh #32 3,913,8603,961,029- 47,169 Algiers Technology Academy 2,330,8152,639,152-308,336 O. P. Walker7,135,6357,475,756-340,121 Alice Harte5,201,3995,256,719- 55,317 Edna Karr7,456,9447,603,168-146,224 TOTAL40,641,31842,166,093-1,524,775

9 Retirement Employee Contribution Employer Contribution Fiscal YearEmployee - Member Employer- Employee Match Employer- Unfunded Liability Total Employer Contribution 2006-078%6.64% 9.16%15.80% 2007-088%6.93% 9.67%16.60% 2008-098%6.95% 8.55%15.50% 2009-108%5.76% 9.74%15.50% 2010-118%5.70%14.50%20.20% 2011-128%5.97%17.73%23.70% 2012-2013 (projected) 8%5.81%18.69%24.50%

10 TRSL YEAR TRSL EMPLOYER MATCH TRSL- EMPLOYER UNFUNDED LIABILITY (TRSL Debt) TRSL Unfunded Accrued Liability RATE % TOTAL EMPLOYER PAID to TRSL 2008- 2009 $2,269.420$ 2,791,8768.55%$5,061,296 2009- 2010 1,984,275$ 3,355,3539.74%$5,339,638 2010- 2011 1,883,905$ 4,792,38914.5%$6,676,294 2011- 2012 (projected) 1,779,060$ 5,283,53917.73%$7,062,599 2012- 2013 (projected) 1,731,380$ 5,569,61918.69%$7,300,999

11 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

12 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

13 1) ACSA – Participation in TRSL 2) ACSA – No Participation in TRSL - Timing?

14 Retirement Employee Contribution Employer Contribution Fiscal YearEmployee - Member Employer- Employee Match Employer- Unfunded Liability Total Employer Contribution 2006-078%6.64% 9.16%15.80% 2007-088%6.93% 9.67%16.60% 2008-098%6.95% 8.55%15.50% 2009-108%5.76% 9.74%15.50% 2010-118%5.70%14.50%20.20% 2011-128%5.97%17.73%23.70% 2012-2013 (projected) 8%5.81%18.69%24.50%

15 Status as of 6/30/09 Type of SchoolSchool 06-07 SAI 07-08 SAI08-09 SAI09-10 SAI10-11 SAI 10-11 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 - RSDBehrman82.392.896.3102.3112.6 99.3107.5B+30.3 Type 4 - OPSBHarte70.082.895.193.1108.9 94.1101.0C+38.9 Type 5 - RSDEisenhower60.066.772.386.583.3 79.484.9D23.3 Type 5 - RSDFischer36.862.059.366.078.7 62.672.4D+41.9 AUSType 5 - RSDMcD 3233.842.059.360.363.9 58.862.1F30.1 AUSType 5 - RSDTubman41.050.357.653.477.6 55.565.5D+36.6 0.0 AUSType 5 - RSDATA 44.157.152.980.09.6 55.076.1D+35.9 AUSType 5 - RSDWalker40.049.263.373.596.510.5 68.495.5C+56.5 Type 4 - OPSBKarr80.4 85.389.985.028.0 87.6115.5B+4.6 ACSA - Average 49.463.471.775.388.6 73.489.4D+39.2 Letter Grade SPS Range 2010- 2011 A120-200 B105-119.9 C90-104.9 D65-89.9 F0 - 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.


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