EPS FUNDING FORMULA For Pemetic Elementary Regular Instruction Formula for teachers: 17:1 ratio 6th-8th; 16:1 K-5th Result: 10 teachers total, including art, music, gym, French, reading specialist, etc. with enrollment of 165. 10 teachers: 1 for each grade level (9) with one teacher equivalent to teach all other subjects listed above (1 day/week: art, music, gym, French, reading specialist) Regular Instruction Ed tech formula: 100:1 Result: 1.6 ed techs for regular ed cutting 1.7 (3.3 available now) Larger class sizes (up to 23) with fewer ed techs Regular Instruction Summer School/Learning Lab formula: no formula/no funding Substitute formula: $32/student Result: $5280 (165 students) available out of our current $23,000 ($75/day for a sub). Does not allow for long-term subs, professional days, etc. Amounts to 7 days/teacher for the year. Regular Instruction Insurance coverage formula: 36% for ed techs, 29% for clerical, 19% for teachers, 14% for administrators Result: Staffs will be paying a considerably higher percentage of their insurance costs (school currently pays 80%) Regular Instruction Outside counseling for regular education students: no formula/no funding Academic programs (Challenger Learning Center, health speakers, Floating classroom, etc.): no formula/no funding Science kits: no formula/no funding Staff travel: no formula/no funding Regular Instruction Supplies formula: $302/student Result: All supplies for guidance, nurse and library would be cut and $4000 cut from regular education line Dues, fees and conferences formula: $51/student Result: $8415 Regular Instruction Regional Adjustment: $60,000 subtracted as adjustment for salaries and benefits and subs based on where we live (cut 7% from salaries) Special Education Not included in funding formula Co-Curricular/Extra-curricular Last week cut totally from formula Previously was $29/student Currently spend $70,000 (athletic director, baseball/softball coaches, basketball and cross country coaches, soccer coaches, middle school advisors, yearbook, drama, jazz and music director, officials, equipment and uniforms, etc.) Cut all co-/extra-curricula programs Food Services No formula: unless $40,000 for free/reduced number of students adjustment counts toward this line Currently budget $38,000 to supplement breakfast/lunch program Guidance Guidance formula: 1:350 Result: 1/2 time guidance counselor Health Services Nurse formula: 1:800 Result: nurse would be here 1 day/week Improvement of Instruction Formula: $20/student Result: $3300 Currently spend $28,000 Pays for: summer instructional work by teachers, tuition reimbursement, curriculum work outside of school hours, Reading Recovery, LSDCC & mentors Eliminate all but Reading Recovery Assessment Formula: $79/student Result: $13,035 NWEA $2500 and rest for Superintendent office for assessment Library Formula: 1:800 + Ed Tech 1:500 Result: Librarian one day/week with ed tech available 1 1/2 days Technology Formula: $85/student Result: $14,340 Currently: $92,000 For: technology coordinator salary & benefits, MLTI leader, laptop insurance, supplies, software, equipment (new computer purchases) Eliminate: technology coordinator and drastically cut supplies, software, new computer purchases for classrooms and computer lab Office of Superintendent Formula: $349/student Result: $68,000 (by adding assessment portion) Currently spend $129,000 Up to Superintendent’s office to determine cuts Office of Principal Principal formula: 1:305 Result: 1/2 time principal Secretary formula: 1:200 Result: 1 secretary (cut 1 secretary) Operation & Maintenance Formula: $929/student=$153,285 Currently spend $341,900 For: custodians salaries & benefits ($168,); sewer/water ($4,); rubbish ($3,): contracted services for building, grounds, equipment ($31,); insurance ($7,); telephone ($6,6); supplies ($14,5); electricity ($52,5); gas ($2,5); heating oil ($52,) Operation & Maintenance Cut 2 part time custodians and leave 2 full time custodians: $40,000 Cut supplies by $4000. Still need to cut $144,000!!! Cut heating oil? Electricity? Rubbish removal? Insurance? Contracted services for repairs? Telephone service? Gas for the kitchen? How can you cut $144,000?! Transportation Formula: ? EPS figured $76,000 Currently: $102,000 For: Salaries & benefits; physicals & drug testing, contracted services for bus repairs, insurance, supplies, fuel, replace/purchase equipment Eliminating all extra curricular trips and cut one part-time bus driver leaving one full time driver Capital Outlay Formula: none/no funding Currently: $37,000 For: land & improvements, building projects, equipment (classroom furniture) No further projects or renovations or classroom furniture purchased Debt Service Formula: none/no funding Result: $464,000 payment each year would continue and be Southwest Harbor’s to fund Final Analysis EPS allows $1.5 million (based on 204 students from 2005) Current budget is $3.2 million After subtracting debt service there would be $1.2 million cut from the budget Would your taxes decrease by this amount? Mill expectation of 7.60 in formula LOCAL TOWNS will NOT be able add local money over and above the formula!!!!!