Report (pdf) - School Management Services

More documents

Recommendations

Info

Table 19-LH divulges that Ladysmith-Hawkins School District’s long-term facility debt (refunding bonds, promissory notes, and State Trust Fund Loans) obligation at the conclusion of the 2006-07 (2007-08 audit was not yet available) school year amounted to $15,532,829 (principal), $7,853,617 (interest), and $23,386,446 (total). Ladysmith-Hawkins School District’s 2006 equalized valuation was $310,191,289. With a debt limit (10% of 2006 equalized value) of $31,019,129 and long-term (principal) debt of $15,532,829, the organization’s margin of indebtedness was $15,486,300. TABLE 19-LH LADYSMITH-HAWKINS SCHOOL DISTRICT LONG-TERM FACILITY DEBT 2006-07 District Principal Interest Total Ladysmith-Hawkins $15,532,829 $7,853,617 $23,386,446 *Margin of indebtedness: $15,486,300 The Project Consultants concluded that Ladysmith-Hawkins School District’s long-term facility debt—when compared to the organization’s margin of indebtedness—was substantial. Table 19-W delineates Weyerhaeuser Area School District’s long-term facility debt (State Trust Fund Loans) obligation at the conclusion of the 2007-08 school year amounted to $422,121 (principal), $71,746 (interest), and $493,867 (total). © Roger Worner Associates, Inc. 143
TABLE 19-W WEYERHAEUSER AREA SCHOOL DISTRICT LONG-TERM FACILITY DEBT 2007-08 District Principal Interest Total Weyerhaeuser $422,121 $71,746 $493,867 *Margin of Indebtedness: $18,155,459 Weyerhaeuser Area School District’s 2007 equalized valuation was $185,775,800. With a debt limit (10% of 2007 equalized value) of $18,577,580 and long-term (principal) debt of $422,121, the organization’s margin of indebtedness was $18,155,459. The Project Consultants concluded that Weyerhaeuser Area School District’s long-term facility debt—when compared to the organization’s margin of indebtedness—was minimal. 5.6 Capital Leases The Project Consultants examined the School District of Bruce’s, Ladysmith-Hawkins School District’s, and Weyerhaeuser Area School District’s annual financial reports (audits) for the 2007-08 organizational year to ascertain the existence and extent of capital leases. The School District of Bruce paid off its capital lease obligations on July 1, 2007. Ladysmith-Hawkins School District has no capital leases in place. © Roger Worner Associates, Inc. 144
Page 1 and 2:
12-15-08 SCHOOL DISTRICT OF BRUCE L
Page 3 and 4:
of P-K-12 school districts (involvi
Page 5 and 6:
The school districts have a need to
Page 7 and 8:
Analyze financial trend data. Prep
Page 9 and 10:
additional municipalities. The Scho
Page 11 and 12:
Agriculture, agri-business, recreat
Page 13 and 14:
What conclusions may be drawn about
Page 15 and 16:
The School District of Bruce, Ladys
Page 17 and 18:
CHAPTER II DISTRICT SIZE AND ENROLL
Page 19 and 20:
School District of Bruce, Ladysmith
Page 21 and 22:
TABLE 1-B SCHOOL DISTRICT OF BRUCE
Page 23 and 24:
TABLE 1-LH LADYSMITH-HAWKINS SCHOOL
Page 25 and 26:
levels. Over time, however, and wit
Page 27 and 28:
TABLE 1-W WEYERHAEUSER AREA SCHOOL
Page 29 and 30:
school district for the same eleven
Page 31 and 32:
student enrollment growth on four o
Page 33 and 34:
The Project Consultants concluded t
Page 35 and 36:
In Table 4-W, the average daily mem
Page 37 and 38:
(non-resident agreements; open enro
Page 39 and 40:
to other school districts through o
Page 41 and 42:
2007-08 was +6 students. The school
Page 43 and 44:
During the 2007-08 school year, Lad
Page 45 and 46:
the poverty line in Rusk County was
Page 47 and 48:
the time of preparation of this rep
Page 49 and 50:
The Project Consultants observed th
Page 51 and 52:
TABLE 5-W WEYERHAEUSER SCHOOL DISTR
Page 53 and 54:
TABLE 5a-B SCHOOL DISTRICT OF BRUCE
Page 55 and 56:
Wisconsin General Fund revenue decr
Page 57 and 58:
Page 59 and 60:
TABLE 6-LH LADYSMITH-HAWKINS SCHOOL
Page 61 and 62:
TABLE 6-W WEYERHAEUSER AREA SCHOOL
Page 63 and 64:
Page 65 and 66:
District spent +$358/student or +8.
Page 67 and 68:
exceeded the fund balance of the Sc
Page 69 and 70:
increasing) their modest fund balan
Page 71 and 72:
The 2006-07 equalized aid for the S
Page 73 and 74:
The 2006-07 mill rate of Weyerhaeus
Page 75 and 76:
compensatory adjustments in its adm
Page 77 and 78:
Weyerhaeuser Area School District
Page 79 and 80:
The School District of Bruce’s ac
Page 81 and 82:
In the event of consolidation of th
Page 83 and 84:
services, the numbers and types of
Page 85 and 86:
Page 87 and 88:
average of 7.3 students/grade level
Page 89 and 90:
Page 91 and 92:
Page 93 and 94: and science (6.0). The smallest arr
Page 95 and 96: the 2008-09 school year: Health Car
Page 97 and 98: Table 12-W details that Weyerhaeuse
Page 99 and 100: The Project Consultants review of t
Page 101 and 102: 4.5 Total Professional Staffing Tre
Page 103 and 104: As delineated in Table 13-W, 42.2 f
Page 105 and 106: the nine year span of time from 199
Page 107 and 108: compared to the average of all Stat
Page 109 and 110: characteristic of Wisconsin school
Page 111 and 112: to accommodate the students served
Page 113 and 114: 4.11 Staff Development The Project
Page 115 and 116: programming; CESA-based services; C
Page 117 and 118: classroom and resource/center-based
Page 119 and 120: 4.16 Interview Perceptions: Distric
Page 121 and 122: Quality of the School Board: 7.1 Q
Page 123 and 124: CHAPTER V SCHOOL FACILITIES 5.0 Int
Page 125 and 126: environments in which “students e
Page 127 and 128: 5.3 Overview of the School District
Page 129 and 130: and support space during the 2008-0
Page 131 and 132: subsequent further training in an i
Page 133 and 134: Other factors. As the Project Consu
Page 135 and 136: Computer laboratories (including Bu
Page 137 and 138: Art classroom is adequate; basic co
Page 139 and 140: Health Care Academy classrooms and
Page 141 and 142: The school is comprised of a gymnas
Page 143: 5.5 Long-Term Facility Debt The Pro
Page 147 and 148: consumption was $1.18/square foot.
Page 149 and 150: Is there probable cause for either/
Page 151 and 152: While the School District of Bruce
Page 153 and 154: would significantly benefit through
Page 155 and 156: school districts for total instruct
Page 157 and 158: or more viable school districts wit
Page 159 and 160: Ladysmith-Hawkins School District f
Page 161 and 162: feet/student and 404.5 square feet/
Page 163 and 164: through the merger of the three sch
Page 165 and 166: over the span of 19 years and has p
Page 167 and 168: Recommendation 2 That the School Di
show all

Report (pdf) - School Management Services

Create successful ePaper yourself

Delete template?

Save as template?