Davenport SD #207

M&O Planning Info10-12-15

Local Effort Assistance (LEA)• Local Effort Assistance is state money paid to eligible

district to match voter approved excess General Fund levies.

• These payments help school districts that have above average tax rates due to low property valuations.

• Not protected by constitution• 2014-15 = 6.23% or $401,281 of general fund

revenues• Davenport is scheduled to receive $454,434 in 2015-

16.

One example:•Davenport tax rate in 2014 = $4.18/1,000

• Collects $1,015,000

•Mercer Island tax rate in 2014 = $1.43/1,000▫Collects $12,568,167

(2015 not posted yet)

2010 2011 2012 2013 2014 2015 2016*$200,000,000.00

$210,000,000.00

$220,000,000.00

$230,000,000.00

$240,000,000.00

$250,000,000.00

$260,000,000.00

Davenport School District Assessed Property Value Trend

2010 2011 2012 2013 2014 2015 2016*$0.00

$50,000.00

$100,000.00

$150,000.00

$200,000.00

$250,000.00

$300,000.00

$350,000.00

$400,000.00

$450,000.00

$500,000.00

Davenport School District LEA Trend

School Levy;

1040310; 14%

LEA, 454434.24, 6%

Local Other;

155300; 2%

State; 5268131.56; 70%

Federal; 592248.85; 8%

Other Districts; 20800; 0%

Davenport School District Estimated Revenues by Source 2015-16

Oct. 12 Quarterly Board Meeting•Topic: Facility Needs

▫Earmark a specific dollar amount for facility repair, upgrades, etc.?

▫Long range planning:

Bus Depreciation Comparison of Cohort School Districts

2015-16

 Inventory

Buses on Depreciation

Routes

# of busses older than 2000

% of Busses on Depr.

Amount of Depreciation

Goldendale 19 8 10 7 42% $61,399Reardan 23 16 14 4 70% $119,968Wilbur 10 8 7 2 80% $59,368Nespelem 8 4 5 3 50% $31,205Methow Valley 15 8 10 4 53% $68,996Davenport 14 11 9 2 71% $73,256Ocosta 13 10 9 3 77% $90,617Creston 8 7 5 1 88% $50,876Colfax 17 15 13 1 88% $130,951Prescott 11 9 5 1 82% $79,264

Levy Assisting Bus Purchases

•$33,000 towards bus purchase in 2014-15•$43,000 towards bus purchase in 2015-16•In order to get “caught up” we would like to

fund $45,000 in 2016-17 and $20,000 in 2016-17.

•This should bring us to a point where we can purchase a bus a year with our depreciation funds and should reduce our bus maintenance costs.

Comparison of Districts

Year Passed School 2015 2016 2017 20182016 Levy Amount

2015-16 Budget % of Budget

2015 Reardan 2.90 2.95 2.97 2.99 1,314,280 7,189,008 18.28%2014 Ritzville 2.89 3.14 3.14 983,000 4,542,236 21.64%2014 Lind 2.75 3.02 717,176 3,877,500 18.50%2014 Almira 2.61 2.64 2.68 205,000 2,366,458 8.66%2014 Wilbur 3.99 3.99 682,000 3,950,000 17.27%2014 Harrington 4.07 4.28 535,000 2,571,132 20.81%2014 Creston 1.93 1.94 422,000 2,440,740 17.29%2013 Davenport 4.12 4.18 1,046,000 7,359,536 14.21%2015 Freeman 3.01 3.01 3.01 3.01 1,499,132 9,950,037 15.07%2015 Odessa 3.16 3.18 698,000 3,532,758 19.76%

How Are New Resources Phased-in Under SHB 2776?

School Year 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

1

Full-Day KindergartenMust be fully funded statewide by

2017-18Phase-in based on FRPL

219 Schools

More funding can begin

More funding must begin

Continues to ramp

up

Continues to ramp

up

Continues to ramp

up

Continues to ramp

up

Fully Funded

2

K-3 Class Size ReductionMust be fully funded statewide by

2017-18Phase-in based on FRPL

$0More

funding can begin

More funding must begin

Continues to ramp

up

Continues to ramp

up

Continues to ramp

up

Continues to ramp

up

Fully Funded

3

Maintenance, Supplies, Operation Costs (MSOC)

Must be fully funded by 2015-16$ per student basis

More funding can begin

More funding must begin

Continues to ramp

up

Continues to ramp

up

Funded at new level

Funded at new level

Funded at new level

4Basic Transportation

Must be fully funded by 2014-15% of formula funded basis

More funding can begin

More funding must begin

Continues to ramp

up

Fully Funded

Fully Funded

Fully Funded

Fully Funded

Levy Options – How many years

•Current Levy – 3 years•Upcoming Levy:

▫3 years?▫4 years?

Recommendation from Supt. & Business Manager: 4 years

Levy Options – Amount of Levy

•Keep tax rate “level”•Keep $ amount of levy “level”•Balancing the needs of the school district with the current economic environment…

Year AVAV

GrowtM&O Levy

Amount M&O Levy

Rate/$1000 Year AVAV

Growth M&O Levy

Amount M&O Levy

Rate/$1000#### 250,374,453 2.06% 1,031,951 4.12 2015 250,374,453 2.06% 1,031,951 4.12#### 253,378,946 1.20% 1,059,681 4.18 27,730 2016 253,378,946 1.20% 1,059,681 4.18 27,730 #### 257,179,630 1.50% 1,107,000 4.30 47,319 2017 257,179,630 1.50% 1,035,000 4.02 (24,681) #### 261,037,325 1.50% 1,123,000 4.30 16,000 2018 261,037,325 1.50% 1,050,000 4.02 15,000 #### 264,952,885 1.50% 1,140,000 4.30 17,000 2019 264,952,885 1.50% 1,066,000 4.02 16,000 #### 268,927,178 1.50% 1,157,000 4.30 17,000 2020 268,927,178 1.50% 1,082,000 4.02 16,000 Total (2016-2020) 4,429,681 125,049 Total (2016-2020) 4,210,681 50,049

Year AVAV

GrowtM&O Levy

Amount M&O Levy

Rate/$1000 Year AVAV

Growth M&O Levy

Amount M&O Levy

Rate/$1000#### 250,374,453 2.06% 1,031,951 4.12 2015 250,374,453 2.06% 1,031,951 4.12#### 253,378,946 1.20% 1,059,681 4.18 27,730 2016 253,378,946 1.20% 1,059,681 4.18 27,730 #### 257,179,630 1.50% 1,046,000 4.07 (13,681) 2017 257,179,630 1.50% 1,060,000 4.12 319 #### 261,037,325 1.50% 1,046,000 4.01 - 2018 261,037,325 1.50% 1,076,000 4.12 16,000 #### 264,952,885 1.50% 1,046,000 3.95 - 2019 264,952,885 1.50% 1,092,000 4.12 16,000 #### 268,927,178 1.50% 1,046,000 3.89 2020 268,927,178 1.50% 1,109,000 4.12 17,000 Total (2016-2020) 4,197,681 14,049 Total (2016-2020) 4,287,681 77,049

Year AV AV M&O Levy M&O Levy #### 250,374,453 2.06% 1,031,951 4.12#### 253,378,946 1.20% 1,059,681 4.18 27,730 #### 257,179,630 1.50% 1,076,000 4.18 16,319 #### 261,037,325 1.50% 1,092,000 4.18 16,000 #### 264,952,885 1.50% 1,108,000 4.18 16,000 #### 268,927,178 1.50% 1,125,000 4.18 17,000 Total (2016-2020) 4,335,681 93,049

1.5% GrowthDavenport School District

Increase Collection

Scenario 3: 1,046,000 M&O/yr Scenario 4: 4.12 M&O rate/yrIncrease Collection

Scenario 1: 4.30 M&O rate/yr Scenario 2: 4.02 M&O rate/yrIncrease Collection

Increase Collection

Scenario 5: 4.18 M&O rate/yrIncrease

Year AVAV

Growt

M&O Levy Amount

M&O Levy Rate/$1000 Year AV

AV Growth

M&O Levy Amount

M&O Levy Rate/$1000

#### 250,374,453 2.06% 1,031,951 4.12 2015 ########### 2.06% 1,031,951 4.12#### 253,378,946 1.20% 1,059,681 4.18 27,730 2016 ########### 1.20% 1,059,681 4.18 27,730 #### 258,446,525 2.00% 1,112,000 4.30 52,319 2017 ########### 2.00% 1,040,000 4.02 (19,681) #### 263,615,455 2.00% 1,134,000 4.30 22,000 2018 ########### 2.00% 1,061,000 4.02 21,000 #### 268,887,765 2.00% 1,157,000 4.30 23,000 2019 ########### 2.00% 1,082,000 4.02 21,000 #### 274,265,520 2.00% 1,180,000 4.30 23,000 2020 ########### 2.00% 1,103,000 4.02 21,000 Total (2016-2020) 4,462,681 148,049 Total (2016-2020) 4,242,681 71,049

Year AVAV

GrowtM&O Levy

Amount M&O Levy

Rate/$1000 Year AVAV

Growth M&O Levy

Amount M&O Levy

Rate/$1000#### 250,374,453 2.06% 1,031,951 4.12 2015 ########### 2.06% 1,031,951 4.12#### 253,378,946 1.20% 1,059,681 4.18 27,730 2016 ########### 1.20% 1,059,681 4.18 27,730 #### 258,446,525 2.00% 1,046,000 4.05 (13,681) 2017 ########### 2.00% 1,066,000 4.12 6,319 #### 263,615,455 2.00% 1,046,000 3.97 - 2018 ########### 2.00% 1,087,000 4.12 21,000 #### 268,887,765 2.00% 1,046,000 3.89 - 2019 ########### 2.00% 1,109,000 4.12 22,000 #### 274,265,520 2.00% 1,046,000 3.81 2020 ########### 2.00% 1,131,000 4.12 22,000 Total (2016-2020) 4,197,681 14,049 Total (2016-2020) 4,321,681 99,049

Year AVAV

GrowtM&O Levy

Amount M&O Levy

Rate/$1000#### 250,374,453 2.06% 1,031,951 4.12#### 253,378,946 1.20% 1,059,681 4.18 27,730 #### 258,446,525 2.00% 1,081,000 4.18 21,319 #### 263,615,455 2.00% 1,103,000 4.18 22,000 #### 268,887,765 2.00% 1,125,000 4.18 22,000 #### 274,265,520 2.00% 1,147,000 4.18 22,000 Total (2016-2020) 4,368,681 115,049

Scenario 5: 4.18 M&O rate/yrIncrease Collection

2% Growth

Increase Collection

Increase Collection

Increase Collection

Scenario 3: 1,046,000 M&O/yr Scenario 4: 4.12 M&O rate/yr

Scenario 1: 4.30 M&O rate/yr Scenario 2: 4.02 M&O rate/yr

Increase Collection

Important Dates•Election Date: Feb. 9, 2016

•Statutory Deadline to File Resolution: Dec. 11, 2015

Timelines•Oct. 28 (Regular Meeting)•Nov. 23(Regular Meeting)

▫Final decision on levy amount, length of levy and vote on resolution Nov. 23

▫Nov. 24: Certification of election results from Nov. 3 election

▫Resolution due to Auditor’s Office by Dec. 11

• Dec. 14 (Regular Meeting)

Short Range & Long Range Plans/Needs…

Facility updates/repairsTechnology needs and upgradesContinue bus purchase with contributions

from levy dollarsMaintaining a health fund balanceMSOC enhancements maxed? Motor pool replacements

“What challenges will we be facing in the near future?”