Portland Public Schools Budget Workshop February 2015 Yousef Awwad, CPA – Chief Financial Officer Sharie Lewis, CPA – Senior Director, Accounting & Payroll David Wynde, Deputy Chief Financial Officer & Budget Director Tonight • • • • • • Introduction School Funding in Oregon Where does PPS get its money? How does PPS use this money? How are individual schools funded? Questions Portland Public Schools • • • • Founded in 1851 More than 48,400 students, largest in Oregon More than 6,200 employees 28 K-5 schools, 29 K-8 schools, 10 middle schools, 10 high schools, 1 K-12 school for a total of 78 schools • 8 Head Start/Early Childhood programs, 17 community-based programs, 17 special services programs, 7 charter schools • 9 million square feet of property • From Richmond (1908) to Rosa Parks (2006) PPS Enrollment Trend PPS Funding Trend School Funding in Oregon • • • • Before 1991, schools funded through local property tax Measure 5 shifted funding from property tax to income tax Made state primary source of school funding Since then, school funding has trended down. Where does PPS get its money? Property taxes Funding Formula State Funding Formula = Local permanent rate property taxes (top number on your tax bill) + state school fund grant • State equalizes funding across school districts so more affluent districts like Portland help support less affluent ones. • If the amount from our local rate goes up, state contribution goes down. Local Option Levy Local option levy is the smaller of the highlighted school taxes on your bill. • Levy money stays in PPS and has helped us weather hard budget times. • Levy money does not go to the state and is NOT spread across other districts. Specific Funds, Specific Uses • Federal dollars • Grants • Parent fundraising Federal funding Largest sources/Total: $51.5 million Other funding sources 2014-2015 How do we use the money? How PPS distributes staff in schools The number of staff is the biggest example of funding at a school level. How does PPS decide how much staff to give to which schools? How does PPS distribute staff in schools? Several factors determine how much staff a school gets: • Number of students • Number of underserved students (equity formula) • School size/grade configuration (K-5, etc.) • Unique circumstances (split campus, etc.) • Kindergarten: funded separately Other factors impacting school staffing/funding • Federal funding • Grants • Parent-led fundraising Example: Staffing at K-8 Schools 2014-15 *Includes general fund, federal funding, grants, parent-led fundraising, Arts Tax. Questions Thank you for coming!
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