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HomeMy WebLinkAbout2024-02-01-AC-min-attLexington Public Schools Fiscal Year 2025 Budget The Superintendent’s Level Service Budget Recommendation Presentation to Appropriation Committee February 1, 2024 1 LPS FY 2025 Budget Overview 1 February 1, 2024 Category FY 2024 Budget FY 2025 LPS Recommended Dollar Increase % Chg Salary (Budget Book Overview, p. 8)$112,791,505 $120,852,942 $8,061,437 7.15% Expenses (Budget Book Overview, p. 8)$21,938,740 $19,665,425 -$2,283,315 -10.41% Total LPS Budget $134,730,245 $140,508,367 $5,778,112 4.29% LPS Enrollment 2FY 2025 Level Services Budget of the Superintendent FY 2024 By Grade FY21 FY22 FY23 FY24 PK K 1 2 3 4 5 6 7 8 9 10 11 12 District Total 6901 6790 6845 6805 LCP (PK)57 67 75 76 76 Bowman 470 430 451 428 69 63 65 72 77 82 Bridge 400 360 374 365 50 59 57 68 59 72 Estabrook 522 524 542 537 71 72 101 88 94 111 Fiske 387 342 341 335 37 46 55 61 75 61 Harrington 446 423 396 378 56 54 60 51 78 79 Hastings 565 623 598 631 79 79 119 96 118 140 Clarke Middle 881 829 823 810 266 258 286 Diamond Middle 912 919 942 927 297 308 322 Lexington High 2261 2273 2303 2318 595 596 591 536 FY 25 Budget Assumptions ●Enrollment rebounds to prior projections ●General education staffing levels return to normal; new additions for mandates and enrollment impacts ●Expense increases: transportation, supplies, special education services ● Utilize available offset accounts as judiciously as possible FY 2024 Enrollment Projections* 3FY 2025 Level Services Budget of the Superintendent *Enrollment reflects official Oct 1st report to State. Actual FY24 Projected FY25 FY26 FY27 K - 5 2674 2644 2646 2394 +/-70 +/-170 +/-265 6 to 8 1737 1723 1698 1614 +/-45 +/-80 +/-115 9 -12 2318 2341 2299 2273 +/-45 +/-80 +/-115 4Summary of FY25 Staffing Changes ● A net decrease in staffing of 8.61 FTEs ● Base - current FTEs as of November 1, 2023 ● Enrollment - headcount driven increases ● Mandates - driven by legal requirements (e.g., IEPs) or contractual obligations ● Program Improvements - Not technically required or a necessity, but important to have. ● Includes 9.725 FTE new JLMAC positions at LHS & 8.0 FTE Unallocated Positions ● History of FTE Changes FY25 - (8.61) FTE FY24 - 51.06 FTE FY23 - 23.16 FTE FY22 - (6.0) FTE FY21 - 3.19 FTE FY20 - 28.07 FTE FY19 - 22.25 FTE FY18 - 49.34 FTE FY17 - 50.58 FTE 5Summary of FY25 Staffing Changes Line Group/BU Description FY22 FTE (Adj)FY23 FTE (Adj)FY24 FTE (Adj) FY25 FTE Request FTE Request Diff 1 Unit A - LEA 777.65 787.93 816.02 821.94 5.93 2 Unit A - Stipends ---- 3 Unit A - Coaches ----- 4 Unit D - LEA 90.55 91.64 95.74 95.74 - 5 Non-Union Dis. Supp./Mgrs.28.55 24.45 22.45 22.45 - 7 Unit C - Inst Asst/SSI/SIA 188.85 202.19 219.32 204.79 -14.53 7.1 Non-Union Hourly & ESY 3 3 3 3 - 8 ABA/BCBA Instructors 5.72 5.06 7 7 - 13 Technology Unit 13 12.6 12.6 12.6 - 14 Central Administrators 7 9 9 9 - 15 Principals 10.5 9.5 9.5 9.5 - 16 ALA - Asst Prin/Supervisors 42.05 44.65 46.45 46.45 - 17 Substitutes (Per-Diem) 17.1 Substitutes (Nurses) 18 Substitutes (Para) 18.2 Substitutes (Sec) 19 Salary Differential Grand Total 1,166.86 1,190.02 1,241.08 1,232.47 -8.61 6Summary of FY25 Staffing Changes Position Description FY24 Adj Budget FY25 Request FTE Diff. ADMINISTRATOR 2 2 - COUNSELOR 30.5 30.5 - EDUCATOR 513.68 522.9 9.23 EDUCATOR - SPED 114.23 110.73 -3.5 LIBRARIAN 10 10 - NURSE 18.7 18.7 - PSYCHOLOGIST 10.9 11.9 1 SOCIAL WORKER 14.7 14.7 - SOCIAL WORKER - SPED 7.5 7.1 -0.4 SPECIALIST 29.32 29.52 0.2 SPECIALIST - SPED 64.6 64 -0.6 Grand Total 816.02 822.04 5.93 Position Description FY24 Adj Budget FY25 Request FTE Diff. INST ASST 72.76 64.26 -8.5 SPEC INST ASST 76.27 70.23 -6.03 STUDENT SUPPORT INST 71.1 71.1 - Grand Total 220.12 205.59 -14.53 FY 2025 Budgetary Risks and Unknowns ●Chapter 70 State Aid - impact of State revenue and October 2023 Enrollment on Ch 70 Allocation funds; In FY 2024 the Town received a windfall increase of $2.55M, a more modest increase of approximately $400K is anticipated for FY 2025 ● Expiration of all District ESSER and ARPA grant funds requires either absorption of grant funded activities into the operating budget or cessation of those activities ● Circuit Breaker - impact of State funding resources to maintain CB Reimbursement Rates - FY25 Budget assumes 75% consistent with actual rates received ● Federal 94-142 Grant Aid - Special Education allocations driven by enrollment and set-aside 7 ●Lingering Impact of COVID-19, including impacts on student enrollment and staff and managing the impacts on academic success and social emotional issues ●Will FY25 enrollment continue to stabilize and will incoming students require additional services in same fashion as in FY24 ● CPI inflation adjustment on expense accounts is 3.5% for FY 2025 vs. 0% in FY 2024; After two years of unusually high inflation rates increased need to manage a leaner budget ● Impact of a lean FY25 budget on future turn-back and FY26 and future budgets