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P R E P A R E D B Y B R E N D A N W A L S H , B O A R D O F E D U C AT I O N T R E A S U R E R
Financial Accomplishments of 2009-10
2
Published multi-part Financial Transparency Series (PowerPoint narrated videos).
Successfully integrated Budget Modeling Utility, Staff Utilization Utility, Financial Benchmark
and Health Care reports for financial analysis, budget planning, transparency, and contract
resolution.
Voters renewed Hold Harmless and Sinking Fund millages by wide margins.
Closed a $3MM mid-year structural revenue gap from Foundation Allowance and 20J
reduction. Project only a $1.2MM reliance on Fund Equity against budgeted $2.6MM.
Completed the most transparent budget development process in history of the district –
earliest holistic budget and 5 versions presented, feedback comprehended in changes.
2010-11 budget reduces taxes/fees by $785,000 for local taxpayers via all day kindergarten
fee elimination and lower foundation allowance revenues.
2010-11 final budget and contract settlement avoided projected layoffs that would have
incurred an utterly wasteful $700,000 in unemployment costs.
GPPSS has avoided school closings and other highly undesirable responses to budget
challenges – unlike many well-respected districts across the state.
Reached agreement with teachers and administrators on 4 year contracts that substantially
mitigates risk of unpredictable enrollment, per pupil revenue, salary, retirement and health
care costs.
Financial Transparency Series - 2009-10 Year in Review
GPPSS School Per Pupil Foundation Allowance
Years of flat or nominal increases hit a low point in 2009-10
3
$12,000
$11,500
$11,000
$10,500
$10,000
$9,500
$9,000
$8,500
$8,000
$120,000
$115,000
$110,000
Thousands
$105,000
$100,000
$95,000
$90,000
$85,000
$80,000
$27,000
$25,700
$25,000
$23,100
$23,000
Thousands
$23,974
$22,836
$21,000
$19,000
$17,000
$17,962
$15,000
$25,000
$24,000
$24,000
$23,000
$22,000
Thousands
$21,000 $20,300
$20,000
$19,000
$18,000
$17,000 $18,153
$16,000
$16,319
$15,000
9,500
8,986
9,000
8,500
8,000 8,186
7,500
7,407
7,000
6,500
3.0%
2.0%
1.0%
0.0%
-1.0%
-2.0%
-3.0%
-4.0%
GPPSS State of MI
700 9,500
637
650
9,000
600
FTE Employees
550 8,500
Enrollment
500
432 8,000
450
400 7,500
350
7,000
300
250 6,500
30.0
28.0
Employees to Pupil Ratio
24.0
22.0
20.0
20.7
18.0
16.0 14.5 14.9 14.9
14.0
12.0
Substantially
Outsource Cut teachers
raise class
Custodian Staff mid-year
sizes
$22,000 22.0%
Fund Equity in Thousands
$20,000 20.0%
$18,000 18.0%
$16,000 16.0%
$14,000 14.0%
$12,000 12.0%
$10,000 10.0%