Slides presented at October 12, 2017 Board Meeting

Here is a PDF with the slides that were shared with the School Board on October 12th.  There was an additional summary of all the comments shared by community members so far.  There will not be a recommendation at this time for a property tax referendum.

The Board will be reviewing many possibilities over the coming months– from enacting user taxes, for example a student would pay to participate in a sport or some other co-curricular or extra-curricular; also investigating some possible reductions in personnel and programs.

Look for additional opportunities to participate in providing feedback!

Budget Sustainability BOE October 12, 2017

Special Education Spending

One of the areas that is most challenging for the district financially is appropriately and adequately serving students with disabilities.  These students with individualized educational programs may be receiving minimal minutes of service per day, or may be in very small class sizes with both teacher and paraprofessional support.  Included with this post are some charts and graphs that show you how much the district spends in this area, as well as some of the shortfalls created by diminished and generally inadequate reimbursements for expenses in these areas.

Area Spending By Child Counts Special Services

Revenue Versus Expense History Special Education

Revenue Versus Expense Comparison Special Education

Financial Projections for the Next 3 Years

The changes in the State of Illinois’ model to fund public education has little impact on our district’s bottom line.  For several years now, the district has tried to modify expenses through attrition and has addressed deficit spending through some combination of short-term borrowing and transferring balances between different operating funds.

This chart demonstrates how quickly the district would have NO CASH ON HAND if there is not significant increases in revenues or significant decreases in programs and opportunities for students.

3 Year Projections Doing Nothing

 

2017-18 School Board Goal: Budget Sustainabiity

The Geneseo CUSD 228 Board of Education established a goal in the summer of 2017 that reads, “The Board of Education shall review options for adoption of a sustainable 3-year budget, make a commitment to a plan, and execute plans to reduce expenses and increase revenues for final implementation.”

Similar to some of the community engagement involved with the development of our Facilities Master Plan known as ProjectLEAF, we will now embark on a journey called LearningLEAF.  This process is designed for an exchange of information ideas developed in the following ways:

  1. The district will communicate an overview of the newly legislated Evidence-Based Funding Model and what it means for District 228.
  2. The district will communicate historical data related to revenues and expenditures, particularly within the Education Fund, which is the primary accounting fund used by the district.
  3. The district will communicate information related to property taxation, particularly the education fund tax rate, and will further compare District 228’s taxation with that of other comparable school districts in Illinois.
  4. The district will communicate what it costs for short-term borrowing, and what impact may come from raising registration fees and other possible ways to generate revenues.
  5. The district will communicate possible methods for reductions of expenses, including changes in personnel and programs.

Twelve different small group sessions will be scheduled, each session lasting no more than 60 minutes and with no more than 20 persons.  We want to hear as many different voices as we can to help provide input into options that would best help the Board of Education land on final plans for budget sustainability.

Please look for more information in the coming days on this site.