Snoqualmie Valley School District No' 410 State Funding Inequities

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Snoqualmie Valley School District Financial
Overview Local Impact of a State-Wide Problem
Monday, November 10, 2008
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Revenues Per Pupil

• SVSD ranks 290th out of 295 Washington School
  Districts
• Revenues Per Pupil (2006-07)
• Snoqualmie Valley School District 7,587
• State Average 8,752
• The financial impact of this difference?
• SVSD would have received an additional 6.3
  million

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State Levy Lid Comparisons

• Snoqualmie Valleys Levy Lid 24.83
• Neighboring School Districts
• Bellevue SD 30.66
• Mercer Island SD 33.67
• The financial impact of this difference?
• SVSD could have collected an additional 2.3
  million or approximately 30 certificated staff

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2008-09 Local Levy Funds must pay-

• 21 of Special Education approx. 910,000
• 37 of Transportation Operations approx.
  870,000
• 131 full-time employees
• 13 of Current Certificated Staff
• 50 of Current Classified Staff
• Unfunded Cost of Living Adjustment approx.
  400,000

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Non-Employee Related Costs NERCS
(books, utilities, insurance, fuel, food, etc.)

• 2007-08 Cost 9.3 million
• State funded 3.0 million or (546/student)
• Local Levy funded 6.3 million or
  (1,167/student)

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Snoqualmie Valley School District Actual 2007-08
General Fund Revenues by Source
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Snoqualmie Valley School District Actual 2007-08
General Fund Expenditures by Object Group
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2009-10 Budget Challenges

• Miscellaneous Unfunded Mandates
• Collective Bargaining Salary Settlements
• State-Required Cost of Living Adjustments (COLA)
• Rising Non-Employee-Related Costs (NERC)
• Addition of TFMS Operating Costs
• Potential District Share of State Budget Deficit

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For more school funding information, visit the
Snoqualmie Valley School District website at
www.svsd410.org.

• The next public meeting on our districts
  specific funding
• challenges and pending budget cuts
• Monday, November 17, 2008
• 100 230 p.m. _at_ District Office Boardroom
• 600 730 p.m. _at_ Snoqualmie Middle School
  Commons

Thank you for Attending!