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2018-03-26-AC-ATM-rpt
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2018-03-26-AC-ATM-rpt
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2018
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Appropriation Committee
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Town Meeting APPROPRIATION COMMITTEE REPORT TO THE 2018 ANNUAL TOWN MEETING
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APPROPRIATION COMMITTEE-2018 ATM <br /> the new building. This reverses three years of shrinking freshman class size. Increases were seen in both <br /> in-district and out-of-district enrollments. <br /> Out-of-district recruiting remains a challenge, primarily due to a Massachusetts Department of Elemen- <br /> tary and Secondary Education (DESE) change to Chapter 74 regulations, which now prevents the enroll- <br /> ment of 9th grade students from towns that have traditionally sent a large number of students if they have <br /> an in-town vocational program. Despite lobbying efforts by MRHS, the state-imposed tuition rate set by <br /> DESE continues to underfund the District. The out-of-district tuition was $16,728 per student in FY2018 <br /> and is expected to increase to $17,000 in FY2019. Out-of-district towns are also assessed SPED tuition at <br /> $4,500 per student and are responsible for providing transportation to their students. <br /> Member towns are assessed operating costs for the upcoming year based on their most recent 4-year aver- <br /> age student enrollment. These assessments are used to fund the portion of the MRHS operating budget <br /> that is not funded by the combination of(1) all other projected revenues, and (2)member towns' State <br /> Required Minimum (SRM) per-student payments. Debt and capital costs are assessed based on (1) the <br /> most recent 4 year rolling average; (2) a"combined effort" factor as determined by the Chapter 70 formu- <br /> la; and(3) 1%of the annual debt that is assessed equally to all member towns. <br /> This year's assessments are based on an MRHS budget funded with a projected decrease in non- <br /> assessment revenue of$107,477,the drivers of which are identified in the following table: <br /> Non-Assessment Revenue Sources FY2018 FY2019 Difference <br /> ($) ($) ($) <br /> Chapter 70 $2,037,863 $2,081,683 $43,820 <br /> Prior Year Tuition $3,380,021 $3,438,424 $58,403 <br /> Transportation Reimbursement $935,112 $880,412 -$54,700 <br /> Current Year Tuition $400,000 $400,000 0 <br /> E&D Funds $695,000 $540,000 -$155,000 <br /> Sub-total $7,447,996 $7,340,519 <br /> Total Revenue Change -$107,477 <br /> Chapter 70 funds and transportation aid are estimates based on the Governor's H-2 budget, which propos- <br /> es modest increases in Chapter 70 aid and transportation aid statewide compared with FY2018. MRHS's <br /> share of Chapter 70 aid increases slightly. Transportation Aid decreases slightly because it is a reim- <br /> bursement for expenses incurred in the prior year. <br /> The use of funds from the Excess & Deficiency (E&D) account, similar in function to "Free Cash", has <br /> dropped $155,000. This drop is more than the $130,000 reduction seen in the current year's (FY2018) <br /> revenue plan. <br /> 13 <br />
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