December 18, 2018

Board Highlights: Dec. 18, 2018

The following is a brief recap of the Tues., Dec. 18, 2018, BPS101 Regular Board Meeting. View the agenda and all supporting documents from this meeting and minutes from previous meetings. View previous meetings on BATV.

Action: 2019-20 Academic Calendar

Board Members approved the 2019-20 Academic Calendar as presented.

Superintendent Dr. Lisa Hichens shared with Board Members that the 2018-19 Academic Calendar has been revised to account for the Nov. 26, 2018, snow day. Pending any additional snow days, the last day of school for students this school year is Fri., May 24, 2019. The revised 2018-19 calendar can be found on the calendar page.

Action: Comprehensive Annual Financial Report (CAFR)

Board Members approved the Comprehensive Annual Financial Report for Fiscal Year 2018 (ended June 30, 2018) as presented.

Action: 2018 Property Tax Levy

The Board of Education approved Administration’s recommended $68.6 million 2018 Property Tax Levy (the amount of property taxes a school district or other taxing body requests for the next fiscal year, based on its needs). View 2018 Certificate of Property Tax Levy.

Report: Five-Year Financial Forecast

On behalf of BPS101’s Resource Responsibility Advisory Council (RRAC), Chief Financial Officer Tony Inglese walked Board Members though the District’s five-year forecast, which includes fiscal years 2020-2024. Key points …

The District’s financial outlook is stable:

  • Enrollment is projected to continue to decline by approximately 2% annually for the next five years.
  • Fund balances have significantly improved and the District is no longer forced to issue tax anticipation warrants to maintain adequate cash flow.

Key factors that bear on the District’s future are:

  • Rapidly increasing medical insurance costs are the primary driver of expenditure growth and pose a threat to the District’s financial security.
  • Without prudent and strategic management, expenditures will be likely to outpace revenue growth and generate compounding annual deficits in 2023 and beyond.

RRAC recommends that the Board:

  1. Implement strategies to contain medical insurance costs to no more than 5% annually.
  2. Proportionately manage staffing relative to student enrollment declines.

Report: New Course Approval for 2019-2020

Chief Academic Officer Dr. Brad Newkirk presented Board Members with four new Batavia High School courses for their consideration for the 2019-20 school year. These courses have been approved by both building and District collaborative groups. The Board will be asked to approve these courses at the January 15 Board Meeting.

Upcoming Meetings

Regular Board Meeting
Tues., Jan. 15, 7 p.m.

Regular Board Meeting
Tues., Feb. 19, 7 p.m.

Regular Board Meeting
Tues., March 19, 7 p.m.

Regular Board Meeting
Tues., April 23, 7 p.m.

Regular Board Meeting
Tues., May 21, 7 p.m.

All meetings are open to the community and are located at the Rosalie Jones Administration Center, 335 W. Wilson St., Batavia.