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APPROPRIATION COMMITTEE 2 " REPORT, April 21, 2007, TO 2007 ATM
<br />A breakdown of the full assessment is:
<br />Minuteman's Projected Assessment (based on the unapproved House -1 budget)
<br />PROGRAM
<br />FTE BASIS AVE PER -PUPIL ASSESSMENT
<br />Grades 9 -12:
<br />Regular Day Students -Operating -Share Assessment
<br />Special Education Assessment
<br />State Required Minimum
<br />Totals, grades 9 -12 (including SPED)
<br />Special Programs:
<br />"Reduced Charge" Pupils
<br />"Afternoon" Pupils
<br />Totals, Special Programs
<br />TOTAL OPERATING
<br />Capital Assessment (based on enrolled 9 -12)
<br />TOTAL ASSESSMENT
<br />ENROLLMENT*
<br />($)
<br />($)
<br />FY2007
<br />FY2008
<br />FY2007
<br />FY2008
<br />FY2007
<br />FY2008
<br />53.30
<br />31
<br />53.30
<br />51.70
<br />30
<br />51.70
<br />3,052
<br />4,250
<br />12,297
<br />5,143
<br />4,250
<br />13,730,
<br />162,672
<br />131,750
<br />655,405
<br />265,869
<br />127,500
<br />709,843
<br />53.30
<br />51.70
<br />17,820
<br />21,339
<br />949,827
<br />1,103,212
<br />6.00
<br />7.88
<br />9.00
<br />4.86
<br />4,697
<br />2,587
<br />5,174
<br />4,457
<br />28,180
<br />20387
<br />48 567
<br />998,394
<br />46,570
<br />21663
<br />68 233
<br />1,171,445
<br />13.88
<br />13.86
<br />3,499
<br />4,923
<br />67.18
<br />65.56
<br />14,861
<br />17,868
<br />496
<br />561
<br />26,423
<br />28,993
<br />15,255
<br />18,311
<br />1,024,817
<br />1,200,438
<br />Percentage increase over prior year 42.79%4 20.03% 15.45% 17.14%
<br />' - prior year's enrollment as of October 1
<br /># - large increase due to elimination of middle school program
<br />This Committee unanimously (7 -0) supports this request.
<br />Project Description
<br />Amount
<br />Requested
<br />Funding
<br />Source
<br />Committee Recommends
<br />$28,916,441
<br />($794,544
<br />$28,916,441 ($794,544 is
<br />(c) Shared Expenses
<br />contingent
<br />GF
<br />contingent on an override) (7 -0)
<br />on an
<br />override)
<br />[Brown Book, Section IV: Program 2000: Shared Expenses]
<br />Shared Expenses encompass three basic categories: (1) Line 2100, Employee Benefits; (2) Line 2200,
<br />Debt Service; and (3) Line 2300, Reserve Fund.
<br />Employee Benefits
<br />This portion of Shared Expenses includes the costs for current and future pensions for retired employees;
<br />health (self - insured) and dental (insured through a group policy) insurance for current and retired
<br />employees; premiums for property and liability insurance policies; and potential unemployment and
<br />workers compensation liabilities. It does not include any suns for the funding of health benefits for future
<br />retirees. There is as yet no obligation for Lexington to fund that liability although, pursuant to changes in
<br />the Government Accounting Standards Board (GASH) requirements, the Town must begin reporting the
<br />unfunded liability in its financial statements. (See the discussion of Article 37 in this report.)
<br />Health benefits for both municipal and school employees are included in this section of the budget, an
<br />approach that began with the FY2007 budget. The estimated expense for health benefits (including
<br />medical & dental) to be paid by the Town totals $19,869,487, by far the largest portion of this section.
<br />This figure represents a 9.4% increase over FY2007 and continues a trend of escalating health costs
<br />which has confronted the Town since 2000. This increase results from higher health costs, higher
<br />premiums, and the increasing enrollment of employees and their families in the various health care plans
<br />Page 12 of 24
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