1. Cape Cod Regional Technical High School January 28, 2014 School Budget Consortium Presentation

2. Paul Sullivan – Brewster (Chair) Joan Bentinck-Smith – Barnstable Ann Williams – Barnstable Stefan Galazzi – Orleans Anthony Tullio – Wellfleet Buck Upson – Chatham Cape Cod Tech Finance Committee

3. $13,908,300 2.98% or a $402,395 increase Five Year History The FY15 Increase

4. Budget CategoriesFY15 Projected Cost Insurances property, liability, health, dental unemployment, workers compensation and other fringe benefits $2,328,269 Snow Removal and Sanding$20,000 School Resource Officer$20,000 Equipment Maintenance$176,000 Capital Building Improvements$375,000 $2,919,269 (21% of the total budget) Costs Unique to a Regional School District

5. What is the Money Used For?

6. DepartmentBudget% of Total Building Leadership $ 393,757.002.83% Teacher's Salaries $ 4,866,772.0034.99% Retirement $ 396,910.002.85% Insurance Benefits $ 1,565,967.0011.26% Library A/V $ 94,763.000.68% Retiree Benefits $ 531,186.003.82% Educational Materials $ 202,669.001.46% Guidance $ 437,476.003.15% Transportation $ 676,000.004.86% Support Services $ 1,439,766.0010.35% Administration $ 819,409.005.89% General Insurance $ 231,116.001.66% Plant Operations $ 1,304,511.009.38% Supervision $ 317,998.002.29% Capital Requirements $ 630,000.004.53% Total Budget $ 13,908,300.00 What is the Money Used For?

7. Where Does the Money Come From? Assessments$11,166,643 State Aid $2,490,657 Local Revenue $251,000

8. Revenue Source vs. The Operating Budget

9. What Does it Cost to Educate a Child Each Day?

10. Why a 2.98% Increase

11. Budget Cost Drivers  Salaries & Benefits account for 73% of the FY15 budget

12. Student Enrollment Per Town *Enrollment as of 10/1/13

13. Enrollments Students Change FY15FY14 Barnstable168 0 Brewster42 0 Chatham2123-2 Dennis8593-8 Eastham1314 Harwich7385-12 Mashpee57552 Orleans1214-2 Provincetown642 Truro35-2 Wellfleet642 Yarmouth16814721 654 0 Student Enrollment Change *Based upon 10/1/13 reported enrollment data

14. Student Enrollment Trend 200920102011201220132014 Students % % % % % % Barnstable19928.30%19328.20%18326.41%17125.60%16825.69%16825.69% Brewster486.80%466.70%456.49%395.84%426.42%426.42% Chatham111.60%162.30%182.60%192.84%233.52%213.21% Dennis9112.90%9413.70%9814.14%9213.77%9314.22%8513.00% Eastham142.00%91.30%121.73%172.54%142.14%131.99% Harwich568.00%629.10%689.81%7411.08%8513.00%7311.16% Mashpee618.70%629.10%679.67%629.28%558.41%578.72% Orleans142.00%162.30%182.60%192.84%142.14%121.83% Provincetown50.70%30.40%50.72%50.75%40.61%60.92% Truro40.60%4 60.87%50.75%50.76%30.46% Wellfleet91.30%50.70%60.87%40.60%40.61%60.92% Yarmouth19127.20%17425.40%16623.95%16124.10%14722.48%16825.69% 703684693668654

15. The Chapter 70 Formula & Minimum Contributions MinimumFY15FY14**Change Barnstable$2,206,121$2,221,338($15,217) Brewster$578,691$601,813($23,122) Chatham$289,346$346,699($57,353) Dennis$1,171,161$1,315,102($143,941) Eastham$178,011$196,272($18,261) Harwich$976,871$1,151,475($174,604) Mashpee$767,666$723,920$43,746 Orleans$165,040$207,027($41,987) Provincetown$78,539$59,503$19,036 Truro$41,335$75,369($34,034) Wellfleet$82,670$58,436$24,234 Yarmouth$2,199,210$1,927,312$271,898 District Total$8,734,661$8,884,266($149,605) ** FY14 minimum is the later reported revised figures

16. FY15 Assessments *FY15 Assessment based upon 10/1/13 enrollment data FY14 Enrollment FY15 Enrollment % FY15 Enrollment FY15FY14$% Barnstable 168 25.7% $ 2,830,850 $ 2,810,364 $ 20,4860.7% Brewster 42 6.4% $ 734,873 $ 702,591 $ 32,2824.6% Chatham 2321 3.2% $ 374,874 $ 384,752 $ (9,878)-2.6% Dennis 9385 13.0% $ 1,516,993 $ 1,555,738 $ (38,745)-2.5% Eastham 1413 2.0% $ 230,072 $ 234,197 $ (4,125)-1.8% Harwich 8573 11.2% $ 1,292,954 $ 1,421,910 $ (128,956)-9.1% Mashpee 5557 8.7% $ 972,190 $ 920,060 $ 52,1305.7% Orleans 1412 1.8% $ 217,101 $ 234,197 $ (17,096)-7.3% Provincetown 46 0.9% $ 93,414 $ 66,914 $ 26,50039.6% Truro 53 0.5% $ 59,928 $ 83,641 $ (23,713)-28.4% Wellfleet 46 0.9% $ 97,545 $ 66,914 $ 30,63145.8% Yarmouth 147168 25.7% $ 2,745,848 $ 2,459,069 $ 286,77911.7% 654 100% $ 11,166,642 $ 10,940,347 $ 226,295 2.07%

17. Mass. School Building Authority visit on February 5 th, 2014 to tour the building and SOI. Building Stabilization Fund Questions? Other Issues Facing Cape Cod Tech