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Appoquinimink School District

Tuition Tax (Appr 91050) Rate Calculation


FY 2017
Total Funds Needed for Year:
Christina School District (Sterck)
Christina School District (Autism Program)
Colonial School District (Leach/Inclusion)
Colonial School District (PreK)
Colonial School District (Wallace Wallin)
Red Clay SD (First State School)
Red Clay SD (ILC)
Red Clay SD (Meadowwood)
NCC Consortium
Private Placement - DOE bill**
**Advoserv, Benedictine, High Road, Devereux
Kids Peace (Private Placement)
Maryland School for the Blind
Shorehaven
Centra Health
Specialized Education of Delaware
Other outside placements/transportation
Tuition Tax used in Charter Payments
Tuition Tax supporting Choice students
99970020/99999 Needs Based
99970020/99999 ADD Middle Skillbuilders
Total Local Funds Projected for Budget:

To be billed
Actual final
To Date
6/27/2016
FY16
413,090
1,101,172
80,793
48,287
10,582
27,457
176,180
219,062

Total
Projected
FY16
413,090
1,101,172
80,793
48,287
10,582
27,457
176,180
219,062

Actual
FY14
228,712
736,085
76,754
2,660
33,526
4,615
163,834
210,591

Actual
FY15
248,101
1,117,033
104,543
(6,127)
166,448
288,376

94,060
117,682
7,124
123,967
4,706,203
-

81,789
40,931
111,514
2,903
130,667
5,356,316
-

74,093
41,462
105,011
4,662
43,407
480
95,556
7,148,711
-

6,505,813

7,642,494

9,590,006

Total Tuition Tax Funds Needed:

Projected
FY17
433,745
1,156,231
84,833
50,701
11,111
28,830
184,989
230,015

Projected
FY18
455,432
1,214,042
89,074
53,236
11,667
30,271
194,239
241,516

74,093
41,462
105,011
4,662
43,407
480
95,556
7,148,711
-

77,798
43,535
110,262
4,895
45,577
3,000
105,112
7,863,582

81,688
115,775
47,856
3,150
115,623
8,649,941
-

9,590,006

10,434,215

11,303,509

9,590,006

10,434,215

11,303,509

Actual Tuition Fund (91050) Balance 6/27/2016:


Projected Collections Through Jun 30:
Less Estimated Expenses Remainder of FY:
Projected Tuition Fund Balance, July 1, 2016:

89 (incl encumbered funds)


31,579
0
31,668

Estimated FY17 Needs:


* Estimated FY18 Needs thru Oct 2016 (33% of Est Needs Based):
Less Projected Tuition Fund Balance, July 1, 2016:
MINIMUM amount needed to raise:
Tuition Tax Rate Needed:
Rate for Prior Year:
Total Increase from Prior Year:
One Cent Incr in Tax Rate Generates:
Less 0% for delinquencies yields:

10,402,547

divided by

$205,761

10,434,215
* Not Collecting for FY17
(31,668)
10,402,547
requires

cents

205,761 NCC annual assessment report


205,761 Del C. 14 Sec 1913(a) allows fixing rate allowing for up to 10% delinquencies

* Carryover goal: We should try to carry over enough to cover expenses in Needs Based through October.
RECOMMENDATION:
Increase rate by 7.76c to 50.56c/100

50.56
42.80
7.76

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