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HomeMy WebLinkAboutFeasibility Study of Consolidation for Idaho Falls (91) and Bonneville (93) School Districts Idaho Falls/Bonneville District Consolidation Study Draft 1 FEASIBILITY STUDY OF CONSOLIDATION FOR IDAHO FALLS (91) AND BONNEVILLE (93) SCHOOL DISTRICTS August 2011 101 SW Main Street, Suite 500 Portland, OR 97204 1-800-547-6339 503-275-9500 www.educationnorthwest.org Acknowledgements Education Northwest would like to thank the Idaho Falls and Bonneville staff for assisting in framing the study, obtaining necessary data, and providing feedback on the report. Appreciation goes to Idaho State Department of Education and Boise and Meridian school districts for providing staffing and financial data for comparative purposes. Finally, thank you to Cameron Arial and his colleagues at Zions Bank Public Finance for conducting analyses to estimate the impact of consolidation on future bond debt. Idaho Falls/Bonneville District Consolidation Study Draft i Executive Summary The current study is in response to patron questions about potential cost-savings and efficiencies that may be gained from consolidation. The findings are summarized by the three major questions framing the study. Study Methods  Analysis of existing 2008-2009 and 2010-2011 national, state, and local financial and staffing data  Review of district and state documents  Interviews with district personnel  Focus groups with key stakeholder groups from both districts What are the potential savings or costs in a combined district of 20,000+ students? 1. In total, Idaho Falls and Bonneville have significantly smaller administrative structures than the national average and compared to districts of 20,000 or more students in the State of Idaho. 2. Actual total expenditures associated with certified administrative base salary costs are approximately 37 to 39 percent higher in Boise and Meridian school districts than in Idaho Falls or Bonneville districts, and between 15 and 45 percent higher for non- certified salaries. Average administrative salaries are approximately 20 to 25 percent higher in the Boise and Meridian than in Idaho Falls and Bonneville. 3. If the new consolidated district adopts an administrative structure of a large district like Boise or Meridian (FY 2009), there will be significant costs to consolidation ranging from $1.36 to $2.45 million. If an administrative structure similar to those used in districts serving between 20,000 and 25,000 students is used, the minimum projected additional cost is approximately $582,000 and can range up to approximately $2.4 million. 4. The study projects additional annual costs of approximately $1 million (at minimum) associated with creating salary equity in a consolidated district. On average, Idaho Falls teachers and non-certified staff have higher salaries than Bonneville, while Bonneville administrators on average have somewhat higher salaries than Idaho Falls. 5. Consolidation will double the tax base funding for the consolidated district and has the potential to either reduce or increase the tax impact for bonds depending on whether the two districts passed bonds separately or together. Bonds passed after consolidation will likely increase the tax impact for both districts’ patrons. In addition, it is more beneficial for Idaho Falls to have a fixed amortization schedule ii and for Bonneville to have an amortization schedule wrapped around their existing debt. 6. Both Idaho Falls and Bonneville have future building needs because of growing enrollment. In addition, there is a concern that current facilities for operations, warehousing, transportation, and central offices may not have sufficient capacity to hold combined administrative staff, equipment, and supplies. What current and prior actions have both districts taken to reduce cost and increase efficiency? 1. In the last three years, approximately $6 million each in staffing/payroll and program cuts have been made to both districts’ general fund in response to reductions in state funding. It should be noted that access to ARRA funding from the federal government mediated the cuts made—without this one-time funding, cuts to expenditures would have been significantly greater. 2. The two districts have engaged in cost-sharing activities such as a shared professional-technical coordinator, technology backup systems, and participating in state joint purchasing agreements. 3. Other potential cost-reduction or efficiency strategies might include additional joint purchasing agreements and coordinating some services and programs such as athletics, extracurricular activities, advanced and vocational technical courses, and staff development and recruitment, although more extensive study of the actual costs should be conducted. What are stakeholder perceptions and concerns about consolidation? 1. The community is generally satisfied with both districts’ responsiveness to concerns and openness to parent and community involvement in decisionmaking—however, some concerns exist about the level of preparation for college and career after high school. 2. Resource constraints and an ever-changing policy environment are seen as significant challenges to both districts, and district efforts to work under severely under- resourced conditions are noted and commended. 3. The understanding of consolidation and its implications is widely varied across stakeholder groups. Many members of the community understand issues of consolidation from a superficial perspective. 4. Three major values appear to underlie the community discussion about consolidation: (1) fiscal conservatism and an interest in efficiency of spending tax dollars; (2) Idaho Falls/Bonneville District Consolidation Study iii consolidation decisions must be made with the best interests of the students as the top priority rather than simply cutting costs; and (3) a strong sense of community identity and desire for local control. Summary and Recommendations Overall, the limited set of cost analyses summarized in this report suggests that consolidation will incur substantial costs. Both districts already operate at an administrative level below state guidelines. Combining districts is not as simple as having a single superintendent or a single transportation supervisor. Doubling the size of the district means that there are twice as many students to serve, and even at current levels, Idaho Falls and Bonneville are serving students more efficiently than larger districts in the state. Adoption of the other models of consolidation may result in additional costs related to facilities parity and potential impacts on local tax rates and levies. Consolidation decisions should take into account the specific needs of students to be served, rather than adopting a model based on cost alone. Rather than consider full consolidation, it might be beneficial to undertake efforts to consolidate district services similar to efforts that already exist, like sharing technology backup and a professional technical coordinator between the two districts. Promising candidates for service consolidation might include revisiting joint purchasing agreements for goods and services; contract service for custodial, technology, or grounds keeping; and combining aspects of programs, such as professional development, recruitment, and specialized programs, and options for students, such as those suggested in the state services consolidation report (ID OPE, 2009). If the districts decide to move forward to a more in-depth exploration of consolidation, more extensive cost analyses should be conducted, and should include a projection of the revenue under ID statute § 33-1003 that allows districts to keep their individual funding formula amounts and half the associated savings, as well as comprehensive analysis of facilities and staffing costs. It is likely that these more comprehensive analyses may uncover additional costs and savings that are beyond the scope of the current study. iv Idaho Falls/Bonneville District Consolidation Study v CONTENTS ........................................................................................................................................ Page Executive Summary ............................................................................................................. i Study Methods ................................................................................................................. i What are the potential savings or costs in a combined district of 20,000+ students?...... i What current and prior actions have both districts taken to reduce cost and increase efficiency? ....................................................................................................................... ii What are stakeholder perceptions and concerns about consolidation? ........................... ii Summary and Recommendations .................................................................................. iii Introduction ..........................................................................................................................1 Scope and Purpose of Study ....................................................................................... 2 General Study Methods and Data Sources .................................................................. 3 Study Findings .....................................................................................................................3 What are the potential costs or savings of different administrative structures in a combined district of 20,000+ students? .......................................................................... 3 Reasonable Administrative Structure ......................................................................... 4 Costs/Savings Associated with New Administrative Structures ................................ 5 Characteristics of Comparison Districts ..................................................................... 7 Stage 1: Base Salary Costs for Certified Administrative Staff .................................. 7 Stage 2: Non-Certified Staff Administrative Base Salary Costs ............................... 9 Comparing Existing Structures and Actual Costs ..................................................... 12 Potential Costs/Savings with Alternative Models..................................................... 14 Salary Equalization ................................................................................................... 16 Parity of Taxes, Bond Debt Structures, and Facilities .............................................. 17 Adequacy of District Facilities ................................................................................. 19 What current and prior actions have both districts taken to reduce cost and increase efficiency? ..................................................................................................................... 20 Additional Options for Reducing Cost and Increasing Efficiency ........................... 21 What are stakeholder perceptions and concerns about consolidation? ......................... 23 Community Perceptions of the Districts ................................................................... 24 vi Stakeholder Perceived Costs and Benefits of District Consolidation ....................... 25 Summary and Recommendations ......................................................................................27 Appendix A ..........................................................................................................................1 Appendix B ..........................................................................................................................5 Bond Levy Impact Projections.............................................................................................5 Idaho Falls/Bonneville District Consolidation Study 1 Introduction Education Northwest was commissioned by the school boards of Idaho school districts, Idaho Falls (D91) and Bonneville (D93), to study potential benefits and consequences of consolidating the two districts. The districts pooled their resources allocated from the state of Idaho to investigate the feasibility of consolidation ($10,000 for each district, for a total study cost of $20,000). The study is in response to patron questions about potential cost-savings and efficiency that may be gained from consolidation. The two districts (Idaho Falls and Bonneville) serve the majority of students who live in Bonneville County, while Bonneville also serves a portion of students in Bingham County. Over the last three years, both districts have undergone significant growth in their student enrollment, and expect to continue to grow (current enrollments are approximately 10,700 and 10,300, respectively). Idaho Falls expects to experience a significant growth in elementary and middle school enrollment, and anticipates needs for additional elementary and middle school space in the near future. Bonneville is experiencing most rapid growth in high school and middle school, but expects to need additional elementary space as well. Idaho Falls currently provides instruction in twelve elementary schools (including one math/science magnet school), three junior highs (serving grades 7-9), two high schools, one alternative high school, and programs for special needs students. Idaho Falls also provides in collaboration with Bonneville, a professional technical coordinator at the high school level. Bonneville has thirteen elementary schools (K-6), two middle schools (7-8), and two high schools. In addition, Bonneville administrates an online high school and an online home schooling program; alternative programs for middle and high school; and programs for special needs students. The context of this study is set in a period of steep reductions in Idaho’s education budgets. Since FY 2010, the state has seen a 7 percent decrease in education funding. Districts also experience these cuts in revenue are translated to the districts who must find ways to trim costs and increase efficiencies while maintaining high standards for student learning. For example, revenue has declined 8 and 6 percent in Boise and Meridian, the two largest districts in the state—prompting cuts of staff and programs. Neither large district has passed a new supplemental levy. Similar constraints have been felt in Idaho Falls and Bonneville districts, where the districts have cut approximately $12 million in staff and programs-- $6 million each to offset a 5 to 12 percent decrease in state funding. These cuts and increased efficiencies have been extensive and represent real efforts to curb costs and operate within state revenue parameters (see discussion under study question 2 for more detail about specific cuts). As a potential cost-cutting measure, Idaho statute provides incentives for districts to consider consolidation as an option for reducing costs: 2  The state will provide $10,000 per district to study the feasibility of district consolidation (Idaho Code § 33-310B)  In the event of consolidation, consolidating districts keep the continued individual funding formula amounts allocated to them for seven years, and half of the savings for every year thereafter (Idaho Code § 33-1003)  As incentive for eliminating the duplication of certain functions, severance packages are available for district employees who are willing to give up their duplicative position (Idaho Code § 33-521) Idaho Falls and Bonneville are unique in that they are relatively large districts with respect to consolidation considerations—a consolidated district will be in excess of 20,000 students. A national search of consolidated districts turned up only two examples of similar-sized districts consolidating—however, in both cases, consolidation brought together elementary and secondary districts, rather than two separate districts. The vast majority of consolidations occur in much smaller districts, and most of the time in more rural areas (a copy of the more comprehensive survey and literature review can be provided upon request). Positive savings that have been found typically occur when very small districts consolidate (1,500 or fewer students) and not with larger districts, because economies of scale are already in place in larger districts. However, it is possible that consolidation of some or all aspects of the two districts might yield savings. Scope and Purpose of Study It is important to note that the scope of this study was not to conduct a comprehensive study of all potential cost savings and consequences of consolidation, rather it was to provide an overview of some of the more pressing and important issues to consider in a full-scale consolidation study. Another important factor in conducting the study was to minimize the impact on the time and resources of the districts in identifying some of these issues. Therefore, the scenarios and issues presented in the report are not exhaustive, but intended to be representative of the larger range of issues that must be considered. To define and maintain a useful and manageable set of study activities, we focused our study methods on three research questions: 1. What are the potential costs or savings in a combined district of 20,000+ students? 2. What current and prior actions have both districts taken to reduce cost and increase efficiency? 3. What are stakeholder perceptions and concerns about consolidation? To further refine our study scope, we did not examine self-sustaining programs (e.g., child nutrition) that are supported through cost reimbursement or fee-for service. In addition, we did not address issues related to federal programs such as Title II, special education, or Title I, as these programs are governed by regulations beyond the scope of Idaho Falls/Bonneville District Consolidation Study 3 the local school boards and districts, and therefore are less amenable to efficiency changes. Second, no “projections” of costs or savings were conducted. Because of the complexity and many factors that can influence the cost of many aspects of consolidation (such as joint purchasing agreements, curriculum development, etc), it is difficult to project these costs reliably. Rather, cost analyses are based on models with explicit assumptions and that can be answered using existing data sources. We state our assumptions, where appropriate, as well as limitations for interpreting our analysis findings based on those assumptions. This report provides a summary of findings addressing each of the three questions set out above. The sections are organized by first describing the data and assumptions used in answering the study question(s). Next we provide a brief description of the data and findings, followed by a general summary and discussion of limitations. General Study Methods and Data Sources We employed a variety of research methods to answer our questions about the feasibility of a consolidation between Idaho Falls and Bonneville school districts, including analysis of existing financial and staffing data, district and state documents, interviews with district personnel and focus groups with key stakeholder groups from both districts. Existing national, state, and local data were used to answer questions about potential additional costs or savings, as well as expenditure reductions already enacted. Finally, document review, interviews with district staff, and focus groups with key stakeholders were used to provide data for to examine other options that might lend themselves to coordination, as well as stakeholder perceptions and concerns about consolidation. We describe the specific methods within each section below. Study Findings What are the potential costs or savings of different administrative structures in a combined district of 20,000+ students? To address this research question, the first step is to determine a reasonable administrative structure for a district of 20,000+ students. For comparative purposes, it is helpful to compare a hypothetical Idaho Falls/Bonneville consolidated district to other districts of similar size. There are three potential scenarios for this consolidation.  Scenario 1: Use half of the administrative structure of the combined district, essentially eliminating any duplicate positions. 4  Scenario 2: Use all of the administrative structure of the combined district, essentially keeping the functions of each individual district intact  Scenario 3: Create an alternative structure where functions are mapped to roles needed for serving a district of 20,000+ students. This option may require combining some existing roles, or distributing certain functions across multiple personnel. To make judgments about which of these approaches is appropriate, it is useful to examine (1) how much administrative structure is reasonable for a 20,000+ district; and (2) what is the cost of this new administrative structure with respect to the number of positions and the increased salary demand for a larger district. Reasonable Administrative Structure To assess the adequacy of administrative structure size, values are compared to (1) national averages for districts between 20,000 and 25,000 students, and (2) to Idaho school districts serving 20,000 or more students (Boise and Meridian). Finding 1: In total, Idaho Falls and Bonneville have significantly smaller administrative structures than the national average and compared to districts of 20,000 or more students in the State of Idaho. Using 2008-09 1 to have consistent comparative data both nationally and across the state:  Idaho Falls and Bonneville each had 11 certified administrators (22 total) and 21.5 and 14.0 non-certified administrators and support staff, respectively (35.5 total).  The average district-level administrative staffing in districts serving 20,000 to 25,000 students across the nation is 18 certified administrators, and 73.8 non-certified administrators and support staff.  Boise had a total of 29 certified administrators and 60.8 non-certified administrators and support staff (Table 2 and Table 4). Meridian had a total of 32 certified administrators and 53.4 non-certified administrators and support staff (Table 2 and Table 4). Scenario 1: In this scenario, the hypothetical consolidated district would have an administrative structure consisting of 11 certified administrators and 17.5 non-certified 1 A major challenge with the study was the ability to obtain clean and reliable data from the state and districts that could be used for comparative purposes. Multiple efforts were conducted to obtain comparable data from individual districts, as well as staff and district level existing data files from the state. As a result of these challenges, the existing salary cost data used in the study includes state data files from 2008-091 that report staff positions, salary, and full-time equivalent (FTE). By using this data, we were able to make standard comparisons across districts using common definitions and reporting standards1 with data that can be verified. By using 2008-09, we were also able to compare staffing levels to national averages using the Common Core Data from IES. Idaho Falls/Bonneville District Consolidation Study 5 administrators and support staff. This translates to 61 percent of the national average for certified administrators, and 23.7 percent of the national average for non-certified administrators and support staff—a structure that is likely to be inadequate for meeting the needs of 20,000+ students. The hypothetical consolidated district using Scenario 1 would have an administrative structure between 30 and 40 percent of the structures in Boise or Meridian. Scenario 2: In this scenario, the hypothetical consolidated district would have an administrative structure consisting of 22 certified administrators, and 35.5 non-certified administrators and support staff. These numbers translate to four more certified administrators than the national average and 48 percent of the national average for non- certified administrators and support staff. In total, this administrative structure is still 63 percent less than the national average of total roles. The hypothetical consolidated district using Scenario 2 would have an administrative structure between 60 and 75 percent of the structures in Boise or Meridian. Because both of these scenarios yield administrative structures that are approximately 1/5 to 2/3 of the national average administrative structure size and between 30 and 75 percent of Boise and Meridian, they are likely to be inadequate for serving a student population of more than 20,000 students. Because of this discrepancy nationally and within the state, our cost analyses in the next section are based on several iterations of Scenario 3, which project costs for several examples of administrative structures aligned to functions. Costs/Savings Associated with New Administrative Structures To assess whether or not consolidation might produce additional administrative costs or savings, we analyzed staffing costs using 2008-09 staffing data obtained from the Idaho State Department of Education (SDE), the most recent, publically available state data at the time the study began 2 . It is important to note (as discussed in study question 2 below) that both districts have made significant reductions and changes to staffing since this time and these data represent relative costs among districts, not actual current costs (which are substantially lower because of expenditure reductions since that time). All administrative cost analyses were conducted using the following assumptions:  Compensation levels were computed from base contract amounts for certified administrators’ staff to standardize the salary comparisons. For non-certified personnel, the annual compensation level was computed by multiplying the hourly rate by the number of weekly hours, and the number of weeks in the contract. For example, $13 per hour for a 40-hour week for 50 weeks equals an annual compensation level of $26,000. We did not include extended duty contracts in our analyses since these varied across districts. 2 Since the inception of the study in March 2011, the state has made available data from 2009-2010. 6  Certified staff full-time equivalent (FTE) levels were taken from base contracts where one FTE is equal to the full number of days specified in the master contract. For non- certified personnel, FTE levels were calculated as the number of hours per week times the number of weeks divided by 2080 hours (ID SDE, 2011). For example, 40 hours times 50 weeks equals 2,000 hours, which translates into an FTE of .96 (2,000/2,080). Again, extended duty contracts were not included.  We only examined salary comparisons for certified administrative staff at the district level. No comparisons were made for certified building administrators, since the focus of the study is at the district level.  Similarly, we examined salary comparisons for non-certified staff at the district level, but not at the school level. In addition, we focused on supervisors and a subset of district support personnel categories (office, business, and human resources) as these categories were most comparable across districts. Transportation, building/grounds/custodial, and food service support staffing practices varied across districts, so these costs were not calculated, but would certainly factor into an overall cost comparison.  All personnel were classified using the assignment, activity, and classification codes determined by the state. Costs were estimated within these pre-determined categories. It should be noted that similar functions were sometimes coded in different categories across districts. For example, technology directors might be coded as a certified director, or as a non-certified technology role. In pulling out specific role salary costs, we relied both on the personnel data provided by the state and on identifying key personnel from district websites.  In calculating costs for a “large” Idaho district (defined as 20,000 or more students) as a metric for comparison, we averaged actual costs and FTEs of the two largest districts in the state, Boise Independent School District (Boise) and Meridian Joint School District (Meridian). Boise and Meridian were chosen as comparison districts because their size and structure are more comparable to size and structure of a 20,000+ consolidated district. These averages were used as general salary estimates for different personnel levels to project potential costs in our model analysis at the end of this section, and to make general descriptive comparisons between the two large districts and Idaho Falls and Bonneville. Our analyses focused on three areas: 1. Comparison of salary costs for certified district administration across the two largest Idaho districts (Boise and Meridian) and Idaho Falls and Bonneville 2. Comparison of salary costs for non-certified supervisors, and selected district support staff categories of general office, business, and human resources support across the two largest Idaho districts (Boise and Meridian) and Idaho Falls and Bonneville Idaho Falls/Bonneville District Consolidation Study 7 3. Estimates of cost savings for two generic administration models synthesized from an analysis of administrative structures for districts between 20,000 and 25,000 students in Oregon, Washington, and Utah, along with administrative structures for Boise and Meridian school districts in Idaho Characteristics of Comparison Districts In FY 2009, Boise and Meridian school districts enrolled the largest number of students in the state (Table 1). Annual revenues were near $250 million for both large districts, and between $73 and $94 million for Idaho Falls and Bonneville, respectively. Table 1 Characteristics of Comparison Districts (FY 2009) Boise Meridian Idaho Falls Bonneville Student Enrollment 25,205 34,105 10,442 9,888 Teacher FTE 1449.9 1739.6 520.3 461 Student/Teacher Ratio 17.4 19.6 19.8 20.2 Administrator/ Student Ratio 1:525 1:533 1:475 1:396 Total Revenue $246,959,933 $246,876,060 $73,984,381 $94,135,283 Total Expenditures $273,292,063 $266,147,672 $72,697,455 $72,110,426 Stage 1: Base Salary Costs for Certified Administrative Staff The first stage in our analysis of personnel costs was to assess the actual total base salary expenditures for the four district administrative categories set by the state. 1. Superintendent 2. Deputy or Assistant Superintendent 3. Director—administrator of a district-wide program 4. Supervisor/Coordinator—educator with responsibility for specified subject or area of service We summarized actual costs and FTEs within each category for each of the four districts. To calculate values that could be used in later analyses projecting costs using different administrative models, we created average salaries and total FTEs for the group of two “large” districts (Boise and Meridian), and for the hypothetical “consolidated” district by summing actual salary costs and FTEs for Idaho Falls and Bonneville. Tables 2 and 3 on the next page present the comparison of administrative salaries (actual 2008-2009 costs) and FTE for (1) the four individual districts, (2) Boise and Meridian combined, and (3) Idaho Falls and Bonneville combined. 8 Table 2 Total Certified Administrative Salary Costs and FTE by District (Based on FY 2009 Actual Costs) Category Boise Meridian Idaho Falls Bonneville Salary Superintendent $171,478 $140,919 $115,566 $104,985 Deputy Superintendent NA $111,875 NA $95,926 Director $882,994 $1,743,669 $299,745 $336,598 Supervisor/ Coordinator $1,924,761 $902,080 $490,170 $375,283 Total (across categories) $2,979,233 $2,898,543 $905,481 $912,792 FTE Superintendent 1 1 1 1 Deputy Superintendent 1 NA NA 1 Director 7 20 4 4 Supervisor/ Coordinator 20 11 6 5 Total (across categories) 29 32 11 11 Source: 2008-2009 staffing data requested from ID SDE on May 22 2011. Finding 2: Actual total certified administrative base salary costs are approximately 37 to 39 percent higher in Boise and Meridian school districts than Idaho Falls or Bonneville districts. For example, Boise and Meridian superintendent salaries are $171,478 and $140,919 respectively, compared to Idaho Falls and Bonneville superintendent salaries of $115,566 and $104,985, respectively (Table 2). Additionally, directors in Boise and Meridian make $90,575 compared to directors in Idaho Falls and Bonneville (with an average salary of $70,705). This discrepancy ranges from 3 percent higher for supervisor/coordinator salaries to 29 percent higher for superintendent salary (Table 3). In addition, Boise and Meridian also have a significantly greater number of certified administrators (25 to 32 percent more) than the two smaller districts (between two and a half and three times as many) (Table 2). Idaho Falls/Bonneville District Consolidation Study 9 Table 3 Average Salaries for District Groupings (Based on FY 2009 Actual Costs) Category Average Salary for Boise and Meridian (Large) Average Salary for Idaho Falls and Bonneville (Consolidated) Ratio of Consolidated to Large District Salaries Superintendent $156,199 $110,276 .71 Deputy Superintendent $111,875 $95,926 .86 Director $90,575 $70,705 .78 Supervisor/ Coordinator $74,391 $72,121 .97 Source: 2008-2009 staffing data requested from ID SDE on May 22 2011. Stage 2: Non-Certified Staff Administrative Base Salary Costs The second stage of our analysis involved calculating actual salary levels and FTEs for a set of non-certified administrative and support categories (Tables 4 and 5 on the following pages). We chose to focus on specific personnel categories for two reasons: 1. The non-certified supervisory categories were largely aligned with the categories in our models for projecting hypothetical costs; and 2. The support categories were relatively consistent across the four districts. Non-certified support categories for transportation, custodial and buildings/grounds personnel, and food service staff were not consistently categorized across districts, suggesting that different staffing practices exist in the four districts selected. Therefore these categories were not included in the calculations, but would potentially have an impact on the overall cost estimates for base salaries. Finding 3: In general, Boise and Meridian spend between 15 and 45 percent more on total expenditures for non-certified salaries and hire between 40 and 50 percent more personnel to perform their non-certified administrative support functions than do Idaho Falls and Bonneville combined (Table 4 on next page). In most cases, the total salary expenditures for non-certified personnel categories are higher in Boise and Meridian than for either Idaho Falls or Bonneville. For example, the total non-certified costs estimated for the personnel categories in Table 4 indicate that Boise spends between three and five times more for non-certified administrative costs than Idaho Falls and Bonneville respectively, while Meridian spends between two and three times more, respectively. 10 Both Boise and Meridian have significantly more FTE positions that comprise many of the personnel categories, including office, human resources and business support (Table 4) than Idaho Falls and Bonneville; thus contributing to the cost differential. Table 4 Selected Non-Certified Supervisor and Support Costs by District (Actual FY 2009 Costs) Non-Certified Personnel Category Boise Meridian Idaho Falls Bonneville Base Salary Supervisory Business $96,200 $77,280 $84,000 $86,400 Human Resources $121,530* $112,618* $54,080 $66,560 Buildings/Grounds $92,000 $71,040 $83,200 $70,720 Transportation $88,800 $36,000 $49,920 $49,280 Technology $101,874* $111,159* $60,480 $76,868* Food Service $125,430 $33,840 $52,000 $71,360 Non-certified support Public Information/ Communication $85,100 NA $44,000 NA Business $210,900 $267,280 $108,080 $66,560 HR $133,200 $123,496 NA NA Office Support $1,896,790 $1,145,980 $477,220 $172,680 Total Supervisory $625,834 $405,937 $383,680 $421,188 Total Non-Supervisory $2,325,990 $1,536,756 $629,300 $239,240 Total Non-certified $2,951,824 $1,942,693 $1,012,980 $660,428 Idaho Falls/Bonneville District Consolidation Study 11 Table 4 (continued) Selected Non-Certified Supervisor and Support Costs by District (Actual FY 2009 Costs) Non-Certified Personnel Category Boise Meridian Idaho Falls Bonneville FTE Supervisory Business 1 1 1 1 Human Resources 1 1 1 2 Buildings/Grounds 2.9 2.8 1 2 Transportation .9 1 1 .9 Technology 1 1 .8 1 Food Service 1.7 .9 1 1.8 Non-supervisory Public Information/ Communication 1 NA 1 NA Business 2.6 4.2 1 1 HR 2.7 4.8 Office Support 54.5 44.4 13 5.3 *Note: Values for these positions were coded as certified directors in the data file, but were combined in Table 4 to present consistency across administrative functions Source: 2008-2009 staffing data requested from ID SDE on May 22 2011. Finding 4: Average non-certified salaries are approximately 25 percent higher in the Boise and Meridian than Idaho Falls and Meridian across the non-certified personnel categories included in the study (Table 5). For example, human resource directors make an average of $117,074 in Boise and Meridian, compared to an average of $40,213 in Idaho Falls and Bonneville. For categories where average salaries are higher in the large districts, the differential ranges from 2 percent to 66 percent. For categories where average salaries are higher in Idaho Falls and Bonneville, the differential ranges from 11 to 17 percent. 12 Table 5 Average Salaries for Boise/Meridian and Idaho Falls/Bonneville Districts (Actual FY 2009 Costs) Personnel Group Average Salary for Boise and Meridian (Large) Average Salary for Idaho Falls and Bonneville (Consolidated) Ratio of Consolidated to Large District Salaries Non-certified supervisory Business $86,740 $85,200 .98 HR $117,074 $40,213 .34 Buildings/Grounds $65,906 $76,960 1.17 Transportation $62,400 $49,600 .79 Technology $106,517 $75,979 .71 Food Service $53,090 $41,120 .77 Non-certified support Public Information/ Communication $74,950 $44,000 0.59 Business $61,156 $34,928 0.57 HR $28,522 Office Support $25,356 $28,257 1.11 Source: 2008-2009 staffing data requested from ID SDE on May 22 2011. Comparing Existing Structures and Actual Costs To calculate potential additional costs or savings associated with adopting administrative structures similar to Boise or Meridian, we calculated the projected costs associated with several administrative options that might be used in a newly consolidated district. First, we calculated the cost of simply combining the costs for Idaho Falls and Bonneville (by summing) and compared this combined cost to the cost of Boise and Meridian’s existing administrative structures separately. Second, we calculated projected salary figures using the average salary and FTEs for Boise and Meridian. The models for the projection were two administrative structure models adapted from other administrative structures found in districts of 20,000 to 25,000 students. We estimated three cost projections with each model—one each using the administrative and support FTEs for Boise and for Meridian separately and then using the average FTE values across both Boise and Meridian combined. Table 6 compares the 2008-2009 combined certified and non-certified administrator costs for Idaho Falls and Bonneville with Boise and with Meridian’s actual costs for their administrative structures. If Idaho Falls and Bonneville school districts simply consolidated with no restructuring, this table represents the net cost of what Idaho Falls and Bonneville spend together compared to Boise and to Meridian. The comparison provides a useful baseline to examine additional models where structures are different from those in any of the four districts. In addition, the table allows a rough estimate of Idaho Falls/Bonneville District Consolidation Study 13 how much administrative “cost” would be associated with adopting a structure identical to either Boise or Meridian. Table 6 Comparison of Combined Idaho Falls/Bonneville Certified Administrative Base Salary Levels to Boise and Meridian Category Combined Costs for Idaho Falls and Bonneville (Baseline Cost) Combined Costs Compared to Boise Combined Costs Compared to Meridian Certified Superintendent $220,551 $49,073 $79,632 Deputy superintendent $95,926 $95,926 -$15,949 Director $636,343 -$246,651 -$1,107,326 Supervisor/ coordinator $865,453 -$1,059,308 -$36,627 Total certified $1,818,273 -$1,160,960 -$1,080,270 Non-certified Supervisory $789,617 $163,783 $383,680 Non-supervisory $868,540 -$1,457,450 -$668,216 Total non-certified $1,658,167 -$1,293,667 -$284,536 Total Total certified and non-certified $3,476,430 -$2,454,627 -$1,364,806 Note: Negative values represent projected costs to assume administrative structure of comparison district, while positive values represent projected savings. Source: 2008-2009 staffing data requested from ID SDE on May 22 2011. Finding 5: If the new consolidated district adopts either Boise or Meridian’s administrative structure (FY 2009 3 ), there will be significant costs to consolidation ranging from $1.36 to $2.45 million (Table 6). The combined actual costs for Idaho Falls and Bonneville are significantly less overall than either Boise or Meridian ($2.45 million and $1.36 million, respectively). Costs for certified administrative salaries are about $1.1 to $1.2 less than Boise and Meridian. There is more discrepancy with respect to non-certified personnel, in that Idaho Falls and Bonneville combined is approximately $1.3 million less in cost than Boise, but much closer to Meridian (approximately $285,000). Within categories, Idaho Falls/Bonneville 3 Because all four districts have significantly reduced their costs at approximately the same rate, projected costs based on current data would follow a similar pattern as the 2008-09 costs. 14 show higher costs for superintendent salaries (with two superintendents—between $49,000 and $80,000) and non-certified supervisory personnel to one per category (with two directors/supervisors per role for a potential savings between $164,000 and $384,000). However, these modest potential savings are quickly negated by other categories, where Boise and Meridian have much higher costs. Potential Costs/Savings with Alternative Models The comparisons with Boise and Meridian reported above do not take into account creating different structures in a new district that may better meet the needs of a combined Idaho Falls/Bonneville district. Consolidation provides an opportunity to re- organize into different structures, and to re-align resources to meet the needs of an increased number of students. Therefore, we examined potential costs and savings using a set of two additional administrative structures: One using a deputy superintendent approach to supervise the two major areas of operations, curriculum and instruction; and one using directors for these two roles, as well as regional or level (elementary and secondary) directors to coordinate instruction in the school buildings. The two administrative models were chosen as a result of reviewing 23 different administrative structures for districts of 20,000 to 25,000 students. Organizational charts from districts in Utah, Oregon, Washington, Missouri, and Indiana, along with the two “large” districts were evaluated and two models that combined the most common features were developed. Each model displays the higher-level administrative categories. The graphic representation of both models can be found in Appendix A (Figures A.1 and A.2). Model 1 consists of:  One superintendent,  Two deputy superintendents (one overseeing all district operations and one overseeing all instructional programs),  Six district program directors, including curriculum/instruction, special education (required by federal programs), technology, student assessment, federal programs, and student services  Non-certified directors/coordinators for business, human resources, public information, building/grounds, transportation, and food service  Business, human resources, and district office support staff Model 2 consists of:  One superintendent,  Three district program directors, including curriculum/instruction and two regional or level directors to supervise instruction in the schools (could be geographic regional directors or elementary/secondary directors) Idaho Falls/Bonneville District Consolidation Study 15  Coordinators to administrate specific programs (such as technology, staff development, content coordinators, professional technical education, etc.)  Non-certified directors/coordinators for business, human resources, public information, building/grounds, transportation, and food service  Business, human resources, and district office support staff To project the potential costs associated with each of the two models, we used Boise and Meridian’s average salary for each administrative category. For each model, we also used the administrator and support personnel category FTEs to evaluate different iterations of the models. The detailed analyses for these two models can be found in Tables A1.1 and A1.2 in Appendix A. A summary of the potential costs/savings can be found in Tables 7 and 8. Table 7 Potential Costs for Alternative Administrative Structures Boise Support FTE Levels with Boise/ Meridian Average Salaries Meridian Support FTE Levels with Boise/ Meridian Average Salaries Boise/ Meridian Average Idaho Falls/ Bonneville Combined Costs Model 1: Deputy superintendents $4,440,799 $4,619,072 $4,077,714 $3,495,281 Model 2: Directors only $4,577,590 $4,702,393 $4,640,753 $3,495,281 FY 2009 Boise and Meridian structures (from above) $5,931,057 $4,841,236 $5,386,147 $3,495,281 Source: 2008-2009 staffing data requested from ID SDE on May 22 2011. Table 8 Potential Costs/Savings Compared to Actual Combined Idaho and Bonneville Costs Boise Support FTE Levels with Boise/ Meridian Average Salaries Meridian Support FTE Levels with Boise/ Meridian Average Salaries Boise/ Meridian Average Model 1: Deputy superintendents $945,518 $1,123,791 $582,433 Model 2: Directors only $1,082,309 $1,207,112 $1,145,472 FY 2009 Boise and Meridian structures (from above) $2,435,776 $1,345,955 $1,890,866 Source: 2008-2009 staffing data requested from ID SDE on May 22 2011. 16 Finding 6: The minimum additional cost projected for a new administrative structure in a consolidated district is approximately $582,000 and can range up to approximately $2.4 million.  Model 1 projected costs range from $2.7 to $4.8 million, which represents a potential additional annual cost of between $582,000 and $1.1 million to implement.  Model 2 projected costs range from $4.5 to $5.7 million, which represents a potential additional annual cost between $1.1 million and $1.2 million to implement.  Boise and Meridian’s FY 2009 models (where existing district administrative structures are used for comparison) costs range from $4.8 to $5.9 million, which translates into additional annual cost to Idaho Falls/Bonneville of approximately $1.3 to $2.4 million. Model 1 with a combination of deputy superintendents and district program directors using the average Boise/Meridian support staff FTE for projection yields the greatest benefit of re-structuring and keeping staffing levels adequate, while minimizing costs. The additional annual cost for this model scenario is approximately $582,000. Salary Equalization In this analysis, we examine the potential additional costs associated with salary equalization in the event of consolidation. We do not present analyses for building administrators, or district/building level support and technical staff. In a larger study of consolidation consequences, a comparative salary analysis would need to occur to ensure parity in salary levels across positions, education, and experience levels. To that end, our analyses present an underestimate of the true hidden costs—since a full analysis taking into account all permutations of position, education lane, and step is beyond the scope of this study. Table 9 shows the total FY 2011 FTE for certified teaching staff and district- level administrators in both Idaho Falls and Bonneville districts, while Table 10 shows the average actual FY 2011 salary differentials for each category between the two districts. Finding 7: There will be additional annual costs of approximately $1 million associated with creating salary equity in a consolidated district. Idaho Falls has somewhat higher FY 2011 teaching salaries after adjusting for education and experience of about 3.8 percent (Tables 9 and 10). To translate this differential into a projected additional cost associated with salary equalization after consolidation, we multiplied this percentage by the average salary and total FTE for Bonneville, which yielded a projected additional cost of $844,054 in base salary costs and projected additional total compensation costs of $1,066,039. For administrative salaries, the reverse is true—Bonneville has an advantage over Idaho Falls of 2.6 percent, which translates into an estimated additional cost of $22,904, and an additional total compensation cost of Idaho Falls/Bonneville District Consolidation Study 17 $28,934. These estimates are lower than they would be in reality, as similar analyses would need to be applied to building administrators, as well as building/district technical, professional, and support staff. Table 9 FTE Counts for Certified Teaching and Administrative Personnel (FY 2011 Actual) Staff Type Idaho Falls FTE Bonneville FTE Combined FTE Certified teaching 566.81 541.1 1107.9 District Administrative 11.5 12.5 252 1 .17 FTE deleted because salary ranges were out of bounds 2 Includes shared Professional Technical Coordinator Source: FY 2011 staffing data provided by Idaho Falls and Bonneville administrative staff Table 10 Salary Differentials for Certified Teaching and Administrative Personnel (FY 2011 Actual) Staff Type Idaho Falls Average Salary Bonneville Average Salary % Differential1 Estimated Equity for Total FTE3 Certified teaching2 $42,383 $41,023 3.8% $844,054 Administrative $75,699 $77,643 2.6% $22,904 1Ratios/percentatages represent Idaho Falls averages divided by Bonneville averages. Ratios greater then 1.0 or positive percentage indicate salaries are higher in Idaho Falls. Ratios less than 1.0 or negative percentages indicate salaries are higher in Bonneville. Equity dollars per average salary calculated on average salary for district with lowest average salary. 2Certified teaching salaries have been adjusted for experience and education. 3Does not include fringe and benefit costs. Note: The salary differentials do not take into account differences in the calendar days in the contracts for both districts. Source: FY 2011 staffing data provided by Idaho Falls and Bonneville administrative staff. Parity of Taxes, Bond Debt Structures, and Facilities A nearly universal concern about consolidation is the impact that combining districts will have on tax rates in the communities that will be part of the consolidated district. This concern largely stems from differences between the districts in tax rates, bond debt, and facilities as significant concern and challenge to consolidation. Some confusion also exists about fiscal consequences of consolidation, for example, whether taxes would be raised or how the bond debt would be shared between the two districts. Both districts have differential property tax rates and pass supplemental levies of different amounts (Bonneville passed $3 million and Idaho Falls passed $6.8 million annually for two years in March 2011). In addition, Bonneville has been successful in passing bonds to build new buildings, and has a substantial bond debt already existing. 18 Idaho Falls has not been able to pass a bond to improve its buildings, and recently paid off its remaining bond debt—resulting in no debt, but with buildings that are older and in need of retrofitting and refurbishing. This situation leads to two debt-related concerns: 1. Bonneville patrons are concerned about taking on additional debt to pass bonds to improve Idaho Falls schools (since their current debt remains with them, if consolidation occurs) 2. Organized opposition to Idaho Falls’ bond efforts will adversely affect the ability of Bonneville to pass an additional needed bond to build a new secondary school in the near future. Concerns were also expressed about the impact of consolidation on the effective tax rates for each of the two districts. Both districts have been able to pass supplemental levies; however, Idaho Falls supplemental levy is more than two times the amount of Bonneville’s. Patrons from both districts were unclear how a combined supplemental levy will affect both the overall amount of the levy funds across the two districts, or the tax base supporting the levies. Some respondents indicated that there seems to be some misunderstanding about what supplemental levy funds are used for in the districts—that they raise taxes (the last supplemental levy did not raise the tax rate) to pay for “extras” such as extracurricular activities, music programs, or athletics, rather than for instruction. It is very difficult to predict the impact that consolidation will have on the likelihood of passing supplemental levies. Currently, the supplemental levies in both districts have not raised the property tax rate. Respondents also expressed concerns about the base property tax rates, which are different for the two districts, and how consolidation would affect those property tax rates. Respondents reported some community conflict in how city taxes are split—a business district to the east funds Bonneville, even though located in in Idaho Falls city limit. Finding 8: Consolidation will double the tax base funding for the consolidated district and has the potential to either reduce or increase the tax impact for bonds depending on whether the two districts passed bonds separately or together. Appendix B shows the potential impact of district consolidation on property taxes for different bond scenarios. Consolidating Idaho Falls and Bonneville districts will result in a tax base that is roughly two times as large for both school districts than either district currently has, which could reduce the tax impact for bonds issued depending on the size of the bond proposed. For example, if Idaho Falls is anticipating issuing $35 million of bonds, the projected tax increase would be approximately half as large in a combined district with a tax base that is twice as large, compared to Idaho Falls issuing bonds on its own with its current tax base. The scenario changes if Bonneville also has bonding needs. For example, if Bonneville Idaho Falls/Bonneville District Consolidation Study 19 also has $60 million of additional bonding needs in the next few years, then the combined debt of $95 million in a consolidated district ($35 million plus $60 million) would likely result in a higher tax impact for Idaho Falls compared to if it issued bonds on its own. Finding 9: The tax impact of issuing new bonds under a consolidated district will also be affected by the way the bonds are structured. For example, Idaho Falls, which has no other outstanding debt, would benefit more from issuing bonds that have a level amortization structure, while Bonneville, which already has many outstanding bonds, will have a lower tax impact if new bonds are structured to wrap around its existing debt. Adequacy of District Facilities Finding 10: Both Idaho Falls and Bonneville have future building needs because of growing enrollment. Related to the topic of raising additional bond funds to renovate Idaho Falls’ schools, other building needs exist. Because of growing enrollment, Bonneville is already planning to conduct a bond levy to provide capital funds for a new middle school, and in the future a new high school. The timing of any consolidation will need to take these existing needs into account in assessing potential impacts and costs. Finding 11: In consolidating a district office, there is a concern that current facilities for operations, warehousing, transportation, and central offices may not have sufficient capacity to hold combined administrative staff, equipment, and supplies and that geographic spread of a combined district may actually increase costs. Transportation facilities are in variable condition across the two districts, and it is also not clear whether building a new facility will save money in the long run. Both community members and district staff expressed similar concerns about combined central office space (both central office buildings are currently filled to capacity) and warehouse space. Potential costs for renovating or building new facilities will have to be taken into account in any consolidation decision. Related to increasing building capacity is the issue of location of certain departments and functions. For example, the geographic area of a combined district makes a central facility for transportation or maintenance potentially more expensive in increased travel costs, and decreased staff productivity if engaged in longer travel to and from a central site. Further study of the actual costs for combining buildings and offices would need to occur prior to consolidation. 20 What current and prior actions have both districts taken to reduce cost and increase efficiency? Finding 12: In the last three years, both districts have made approximately $6 million in cuts each to their general fund in response to reductions in state funding for a total of $12 million in expenditure reduction across the two districts. The districts have eliminated and consolidated positions, cut services and programs, and found efficiencies by re-structuring programs. Both districts have cut their general funds by more than $6 million each over this time period. Expenditure reductions have occurred in two major categories—staffing and payroll cuts, and program cuts. It should be noted that access to ARRA funding from the federal government mediated the cuts made—without this one-time funding, cuts to expenditures would have been significantly greater. Finding 13: Both districts have made significant reductions in staffing levels and payroll over the last three years. A total of 136.7 FTE have been eliminated from the general fund across both districts (Table 11). Strategies for trimming staffing levels and payroll include reduction in medical and dental benefits, reducing the length of certified contracts and adding furlough days, non-replacement of retiring staff and other staff attrition, and elimination of position categories. A detailed list of actual cuts by year and district can be found in Appendix table A1.4. Table 11 FTE Cuts from FY 2010 to FY 2012 FY 2010 FY 2011 FY 2012 Total FTE Reduction Idaho Falls 8.7 38.2 1.3 48.2 Bonneville 18.0 7.0 63.5 88.5 Total FTE 26.7 35.2 64.5 136.7 Source: Idaho Falls and Bonneville district data Idaho Falls/Bonneville District Consolidation Study 21 Table 12 Expenditure Reductions from FY 2010 to FY 2012 FY 2010 FY 2011 FY 2012 Idaho Falls $2.1 million $4.1 million NA Bonneville $1,8 million $1.1 million $4.4 million Total Expenditure Reductions $3.9 million $5.2 million $4.4 million Source: Idaho Falls and Bonneville district data Finding 14: While both districts have tried to avoid cutting student programs and services, some reductions have been necessary in response to decreased state funding. Examples of programs that have been eliminated or reduced include extracurricular activities, some middle grade sports, transportation for extracurricular activities and field trips, class size increases, curriculum and textbook purchases, intervention programs for students, classroom supplies, health services, public communication activities, driver’s education and secondary summer school programs, and reduced travel and general operating budgets. Appendix A Table A1.4 lists specific program cuts and costs for each school district. Additional Options for Reducing Cost and Increasing Efficiency Focus group and interview questions about additional ideas for reducing costs and increasing efficiency beyond district consolidation were asked of district staff and of key stakeholders. The Idaho Legislature commissioned a statewide study to examine what savings might be realized through services consolidation—that is districts sharing services, rather than combining into single districts. The report identified several areas where potential program savings could occur such as coops and/or joint purchasing agreements, the shared coordination of special programs (e.g., special education, federal programs, food service, and some of the operations functions) (ID OPE, 2009). Finding 15: Exploration of additional joint purchasing agreements for goods and services may have potential to further reduce costs. In each of the focus groups, respondents suggested the possibility of shared management of some district functions, ranging from cost-sharing and joint-purchasing agreements only, to a much broader range of coordinating district services and functions (e.g., food service, transportation, federal programs, special services, finance, and human resources). Research suggests that a more feasible and cost effective method for consolidation may be to enter into cooperative purchasing agreements—for example, as Idaho has done with food purchasing (IDE, 2009). Technology. Bulk or joint purchasing agreements for software are likely not to have a significant impact in reducing costs as districts in the region have explored savings with 22 vendors that have been commonly used in past years. For example, Lightspeed is a system that most districts in Eastern Idaho currently use. This system provides virus protection for all computers, web content filtering, email filtering and archiving, etc. The cost is $7 per computer and does not decrease if districts enter joint purchasing agreements. Many software vendors charge a certain cost per student or cost per school, so the cost of these products should not increase or decrease. Each piece of software used would need to be evaluated. Further study for consolidation or coordination should inventory equipment with respect to ratios and age of equipment for equitable access in all schools. A second consideration would be to investigate bids for joint bulk purchasing agreements to see if hardware and equipment costs can be reduced. This option does not require consolidation and may represent savings for both districts. For example, districts could explore purchasing a large quantity of computers at one time and go out for a bid. The two districts currently ‘trickle’ in their purchases throughout the year, due to rapid aging, storage space, setup space and inadequate numbers of staff required to process large volume purchases. Joint large quantity purchasing of computer equipment may require additional purchasing/warehouse staff to process and manage inventory, and additional technical staff to set up new systems. Computers that sit in storage for weeks and months could be dated before they are put into use. Food Service. Discussions with the food service directors suggested that further efficiencies might not be gained by joint purchasing agreements with both districts. Both districts currently utilize the state-negotiated purchasing plan, as well as belong to a regional food cooperative in an effort to minimize costs and maximize food quality. It is unlikely that a consolidated district would be able to negotiate better rates with vendors than already in place for the state, a much larger purchasing pool. Transportation. It may be possible to save on the purchase of buses and other transportation equipment through a negotiated bid plan with vendors. Directors of both district programs are exploring ways to place joint orders out to bid and strategies for replacing inventory to gain the most efficient long-term cost savings. A detailed cost study should be undertaken with vendor bids to further assess the potential for savings. Another area of potential joint purchasing power is fuel purchasing, which can also be explored through a competitive cost-bid study. Both of these possibilities can occur with or without consolidation. Finding 16: There may be potential savings in combining student services and programs such as athletics, extracurricular activities, advanced and vocational technical courses, and staff development and recruitment, although more extensive study of the actual costs should be conducted. In the context of the present study, focus groups and interviews asked district staff to identify potential program services that might benefit from consolidation. While the actual cost projections of identified services and programs are beyond the scope of this study, there were several program coordination ideas shared which may be worth further Idaho Falls/Bonneville District Consolidation Study 23 exploration even if consolidation does not occur.  Combining or coordinating athletic programs, extracurricular activities, music, art, and travel to field trips  Sharing advanced courses, vocational/technical courses, and gifted and talented programs  Inter-district magnet programs for specialized areas (e.g., arts, science, math, and gifted and talented  Increased use of virtual learning technology in facilitated classrooms to offer electives and advanced classes to more students  Shared vocational program for high school students  Coordination of professional development and curriculum/instruction programs  Joint teacher recruitment and induction programs Program issues in consolidation. It is not clear that combining curriculum and other programs would save money without in depth study; however, stakeholders did raise concerns about bringing together two different instructional approaches, professional development programs, and curriculum guidelines. In addition, it is hard to project the hidden costs associated with coming to consensus about how these programs would be changed and enacted in the combined districts. Potential costs to consider include staff time for:  Re-aligning curriculum materials  Selecting among different programs  Developing integrated and coordinated professional development programs. A second consideration in combining the two districts relates to the different calendars. Idaho Falls operates on a trimester system, while Bonneville operates on a semester system. The two districts have different vacation times, and the two high school programs operate on different schedules—one an A/B block schedule, and one on a traditional six- period day. There are also differences in how the secondary schools are configured. In Bonneville, seventh and eighth graders attend middle schools, while sixth graders attend the elementary schools, and ninth graders attend the high schools. In Idaho Falls, seventh through ninth graders attend the junior high schools, while sophomores and higher attend the high schools. These different schedules have not only financial implications, but also district and community culture and value implications in the consolidation discussion. What are stakeholder perceptions and concerns about consolidation? Interviews and focus groups were conducted to assess stakeholders’ perceptions of how well the districts are meeting their goals, the benefits and consequences of consolidation, and areas where they would like more information. Focus groups were conducted with parents, community members, business leaders, teachers, school and district administrators, and school board members. The focus groups and interviews were 24 comprised of participants from both Idaho Falls and Bonneville. The parent focus group consisted of six parents; three additional parents were interviewed to increase the number of respondents. Two focus groups were held with community members (one with eight members and one with seven members). Focus groups were also held with teachers and administrators (with five and eight participants, respectively). Finally, one board member from each district was interviewed. Findings from interviews and focus groups are presented in two sections. The first section describes stakeholder perceptions of the degree to which the two districts are meeting community expectations and goals. The second section details stakeholder perceptions of benefit and/or cost resulting from district consolidation, including a summary of misconceptions and misinformation. It is important to note that all findings in this section are based on stakeholder perceptions and opinions. Community Perceptions of the Districts Finding 17: The community is generally satisfied with both districts’ responsiveness to concerns and openness to parent and community involvement in decisionmaking. Respondents reported general satisfaction with both districts’ responsiveness to community suggestions for improvement, and felt that both district superintendents were very approachable and solicited considerable input in decision-making. Several participants in both districts praised the districts for being open to parental involvement in district and school decisions, as well as in the education of the students. Respondents felt the levels of parent involvement in both districts was quite high, and combined with a sense of local control, supported education in the community to help compensate for resource restrictions and reductions. Finding 18: Concerns exist about the level of preparation for college and career after high school. Respondents identified concerns about the level of students’ preparation for career and college after finishing high school. There is a general concern that students do not have the necessary problem-solving, research, or written and oral communication skills to be successful after high school, and that this deficit is compounded by district responses to state accountability systems in the form of teaching to the test and reduction in teaching creative problem-solving. There was also concern (two respondents) that the level of expectation and course rigor was not the same as in other states. Finding 19: Resource constraints and an ever-changing policy environment are seen as significant challenges, and district efforts to work under severely under- resourced conditions are noted and commended. Idaho Falls/Bonneville District Consolidation Study 25 Community members expressed significant concerns about the resource constraints facing both districts as a result of reduced state and federal revenue. In particular, patrons from both districts highlighted large class sizes, lack of textbooks and materials, ill- maintained buildings and grounds, and growing cuts in art and music programs and in extracurricular programs such as athletics at middle grade levels. The respondents also reported that they felt the districts, while under resource and other constraints, were making a commendable effort to provide children with a high quality education. Four people stated that the superintendents were continually and publicly thinking about new and innovative ways to meet the needs of students in an environment with significant resource challenges, and that the districts were succeeding at providing high-quality curriculum and instruction in the context of tightening state mandates and decreased revenue. Two respondents indicated that there is a lot of accountability and transparency in how resources are spent on appropriate goals and the associated outcomes. Stakeholder Perceived Costs and Benefits of District Consolidation Finding 21: Many members of the community understand issues of consolidation from a superficial perspective. When asked what the community at large thought about consolidation, respondents reported that the average person thinks about consolidation at a superficial level—seeing duplication in administration and services without understanding the realistic costs and benefits of consolidation. Furthermore, six respondents felt that the issue of consolidation has become extremely politicized as demonstrated by the public campaign to defeat Idaho Falls’ bond levies and the more recent attempts in both districts to keep supplemental levies from passing. Several members of each focus group expressed a desire to have more defensible data and information to make a decision about the benefits and costs of consolidation. Finding 22: Fiscal conservatism and an interest in public efficiency of spending tax dollars underlies much of the concern about consolidation. Focus group respondents characterized the culture of both communities as fiscally conservative, highly individualistic, and supportive of local control. The vast majority of both focus group and interview respondents thought that finding ways to save money and increase efficiency so that more dollars could flow to the classroom was a very good idea. Many people were open to the idea of consolidation, if it would realize significant savings. It is important to note that all but two expressed reservations that such savings would actually occur. A minority of focus group participants was adamant in claiming that consolidating the districts would necessarily increase cost-efficiencies and reduce redundancies. As examples, they cited large costs associated with duplicate administrative structures, crossover in transportation routes, and lack of efficiency in purchasing goods and services. Other respondents suggested that public education was a focal point for the “no taxes” movement, and the push for consolidation was one of many fronts in the 26 movement to decrease taxes. Several focus group members described tension (between individuals with children in the districts’ schools and those without) over equitable distribution of tax burdens, and suggested the tension arose from differential willingness to invest in public education. Finding 23: Community members have a vested interest that consolidation decisions are made with the best interests of the students as top priority. Several respondents expressed concern about educational decisions, such as consolidation, being made based on costs alone, without sufficient regard for the impact on instruction and the students. As an example of their concern, they pointed to virtual education (e.g., the current state push on providing laptops to all ninth graders) that may produce cost-savings only, and wondered whether this approach actually improved education for the children in the community. They were concerned that consolidation for cost savings only would cut important corners, and actually decrease the quality and opportunity of education available to students in both districts. Finding 24: There is a strong sense of community identity and desire for local control. Respondents felt that a major barrier to consolidation was fear of losing community identity. Several participants expressed pride in their local community and values and concern that consolidation would dilute this identify. Several talked about the consolidation of Bonneville previously, and how community rivalries and identities still exist. Related to community identity is the idea of local control and communities making decisions about their educational system based on their own values and priorities. Some worried that local control would be eliminated through consolidation; while others felt local control has already been eroded by state and federal initiatives. Respondents raised several concerns about the impact of consolidation on combining the school boards. Many of the focus group and interview respondents see the existing school boards as the purest form of local government and representation. However, concerns about losing local representation in efforts to create a reasonably sized board were articulated by several respondents. Respondents felt that the community’s diversity of population and perspective might not be fully covered in a smaller board. Concerns were also expressed about the local nature of the boards, and the ability to have direct contact between the board members and the community. For example, respondents from both districts cited examples of being able to just call up a board member and have a concern heard, and examples of a small group of stakeholders being able to catalyze important changes in their schools. Many expressed concern that by having a larger district, much of this personalization and ease-of-access would be diminished. Finally, respondents asked questions about the costs associated with re-constituting a new board, particularly, if a new election was held. Idaho Falls/Bonneville District Consolidation Study 27 Summary and Recommendations Overall, the limited set of cost analyses summarized in this report suggests that consolidation will incur substantial costs in establishing an administrative structure adequate to serve a district of 20,000 students and in establishing salary parity across the two districts. Doubling the size of the district means that there are twice as many students to serve. Certain administrative functions will double (for example, processing payroll and staffing), while some may be combined without loss of function (for example, transportation or food service directors). In the cases of superintendents and directors, it is not clear how much addition function would need to be fulfilled by other certified or non-certified administrative roles, but it is likely these roles would need supplemental support in a larger district since the number of schools and students served doubles in a consolidated district. At a minimum, it will require an additional $582,000 to change the administrative structure to adequately run a district of 20,000+ students, and at least another $1 million to equalize certified teaching and administrative costs between the two districts. These projected costs are an underestimate of the real costs involved in examining staffing at all levels and categories of personnel. In addition, it is important to note that these additional costs are annual—that is they will recur each year as staff members are allocated to specific roles and structures. Adoption of the other models of consolidation may result in additional costs related to facilities parity and potential impacts on local tax rates and levies. Consolidation decisions should take into account the specific needs of students to be served, rather than adopt a model based on cost alone. Rather than consider full consolidation, it might be beneficial to undertake efforts to consolidate district services similar to efforts that already exist, like sharing technology backup and a professional technical coordinator between the two districts. Promising candidates for service consolidation might include revisiting joint purchasing agreements for goods and services, contract service for custodial, technology, or grounds keeping, and combining aspects of programs, such as professional development, recruitment, and specialized programs and options for students, such as those suggested in the state services consolidation report (ID OPE, 2009). If the districts decide to move forward to a more in-depth exploration of consolidation, more extensive cost analyses should be conducted, and should include a projection of the revenue under ID statute § 33-1003 that allows districts to keep their individual funding formula amounts and half the associated savings, as well as comprehensive analysis of facilities and staffing costs. It is likely that these more comprehensive analyses may uncover additional costs and savings that are beyond the scope of the current study. 28 Idaho Falls/Bonneville District Consolidation Study A-1 Appendix A A-2 t Figure A1-1 Deputy Superintendents and Directors (Model 1) Board Superintendent Clerk Deputy Superintendent Operations Technology Student Services Public Information HR Curriculum Instruction Business Deputy Superintendent Instruction Facilities Operations Federal Programs Assessment Special Education Principals Transportation Food Service Buildings/Grounds Idaho Falls/Bonneville District Consolidation Study A-3 Figure A1-2 Directors and Supervisors (Model 2) Special Education HR Regional Director Board Superintendent Clerk Director Operations Technology Professional Development Public Information Curriculum Business Buildings/Grounds Transportation Food Nutrition Curriculum Instruction Director Regional Director Federal Programs Assessment Student Services Idaho Falls/Bonneville District Consolidation Study A-1 Table A1.1 Administrative Model Deputy Superintendents (Model 1) Personnel Category “Large District” Average Cost Boise Support Levels Meridian Support Levels Average Boise/ Meridian Support Levels Superintendent $156,199 $156,199 $156,199 $156,199 Deputy Superintendent Operations $111,875 $111,875 $111,875 $111,875 Curriculum/Instruction $111,875 $111,875 $111,875 $111,875 Directors (Certified) Other Curriculum/Instruction $90,575 $90,575 $90,575 $90,575 Special Education $100,995 $100,995 $100,995 $100,995 Technology $106,517 $106,517 $106,517 $106,517 Regional/Level Directors $90,575 $181,150 $181,150 $181,150 Supervisors/Coordinators (Certified) Others $74,391 $1,264,647 $1,487,820 $1,376,234 Assessment $74,391 $74,391 $74,391 $74,391 Federal Programs $74,391 $74,391 $74,391 $74,391 Student Services $74,391 $74,391 $74,391 $74,391 Curriculum $74,391 $74,391 $74,391 $74,391 Professional Development $74,391 $74,391 $74,391 $74,391 Operations $90,575 $90,575 $90,575 $90,575 Business $86,740 $86,740 $86,740 $86,740 HR $117,074 $117,074 $117,074 $117,074 Buildings/Grounds $65,906 $65,906 $65,906 $65,906 Transportation $62,400 $62,400 $62,400 $62,400 Food Service $53,090 $53,090 $53,090 $53,090 Public Information/ Communication $74,950 $74,950 $74,950 $74,950 Business $61,156 $159,006 $256,855 $207,930 Human Resources $28,522 $77,009 $136,906 $106,958 Office Support $25,358 $1,382,011 $1,125,895 $1,254,714 Total Costs $4,440,799 $4,619,072 $4,077,714 A-2 Table A1.2 Administrative Model Directors (Model 2) Personnel Category “Large District” Average Cost Boise Support Levels Meridian Support Levels Average Boise/ Meridian Support Levels Superintendent $156,199 $156,199 $156,199 $156,199 Directors (Certified) Curriculum/Instruction $90,575 $90,575 $90,575 $90,575 Special Education $100,995 $100,995 $100,995 $100,995 Technology $106,517 $106,517 $106,517 $106,517 Student Services $90,575 $90,575 $90,575 $90,575 Assessment $90,575 $90,575 $90,575 $90,575 Federal Programs $90,575 $90,575 $90,575 $90,575 Supervisors/Coordinators (Certified) $74,391 $1,710,993 $1,934,166 $1,822,580 Operations $90,575 $86,740 $86,740 $86,740 Business $86,740 $117,074 $117,074 $117,074 HR $117,074 $65,906 $65,906 $65,906 Buildings/Grounds $65,906 $62,400 $62,400 $62,400 Transportation $62,400 $62,400 $62,400 $62,400 Food Service $53,090 $53,090 $53,090 $53,090 Public Information/ Communication $74,950 $74,950 $74,950 $74,950 Business $61,156 $159,006 $256,855 $207,930 HR $28,522 $77,009 $136,906 $106,958 Office Support $25,358 $1,382,011 $1,125,895 $1,254,714 Total Costs $4,577,590 $4,702,393 $4,640,753 Table A1.3 FTE values for Model tables Personnel Category Boise Meridian Boise/ Meridian Average Supervisor/Coordinator Model 1 17 20 18.5 Supervisor/Coordinator Model 2 23 26 24.5 Business support 2.6 4.2 3.4 Human resources support 2.7 4.8 3.8 Office support 54.5 44.4 49.5 Idaho Falls/Bonneville District Consolidation Study A-3 Table A1.4 Detailed Staffing and Program Cuts for Idaho Falls and Bonneville since FY 2010 Idaho Falls Bonneville4  Reducing teacher contracts from 190 days to 184 days, equivalent to a 3.2 percent pay cut  A reduction of three days to nine days for other staff, including administrators and classified staff, equivalent to a pay cut of between 3.2 percent to 3.6 percent  $850,000 in cuts to the annual medical stipend paid to all full-time employees, a reduction from $1,500 to $750.  An additional $900,000 in savings through attrition  $1 million in cuts to supplies, training, professional development and other services  $1.25 million by eliminating, reorganizing and consolidating some programs, services and positions  $257,484 for class-size reduction aides in grades 1-3  $73,759 for elementary school health tech aides who perform minor first aid for students, help with vision screenings, dispense medication, etc.  $350,000 from extracurricular activities, including the reduction/elimination of some coaching stipends, cuts in transportation for extracurricular activities, and the elimination of all 7th & 8th grade sports  $250,000 from the district’s curriculum budget, which pays for textbooks  $248,663 from the intervention budget, which funded programs to help students who need additional academic support  $100,000 for all field trips  $96,215 for school companions to support students who need help managing their behaviors  $96,000 for classroom supplies  $72,000 for in-school suspension and transition classroom  Elimination of 18 FTE including 2 administrative, 5 certified and 11 classified  Eliminated nine days from school calendar  Two to six furlough days for classified staff; equivalent to a 1 to 3.5 percent pay decrease  Eliminated aide positions in multi-grade level classrooms  5 percent reduction in stipend compensation for extra duty assignments  20 percent reduction in extended day assignments for certified staff working beyond 190 day contract  Five furlough days for administrators, certified, and classified employees working 240-260 days, equivalent to a 2.6 percent pay decrease  Reduction in extended day assignments for certified staff working beyond 190-day contract, for a 1 to 3 percent reduction  Instructional aides work hours will be reduced by 30 minutes per day, equivalent to a 7 percent pay decrease  Fast ForWord and Media aides work hours will be reduced to 3.9 hours per day, equivalent to a 44 percent pay decrease  50 percent reduction in summer maintenance staff  District no longer pays insurance premiums for dependent dental coverage  $400,000 in reduced textbook purchases  $30,000 from eliminating district level printed public communication  $11,000 from reducing secondary summer school programs  $41,000 from eliminating Driver Education program 4 Other significant events for Bonneville included using one-time ARRA payments of $550,000 and $2 million to reduce the fund balance. In addition, a bond was passed to build a new elementary school. A-4 Table A1.4 (Continued) Detailed Staffing and Program Cuts for Idaho Falls and Bonneville since FY 2010 Idaho Falls Bonneville5 • $2.8 million in energy savings since adoption of the Energy Education Inc. program in 2006  $50,000 from reducing transportation costs for field trips, extracurricular/co-curricular activities and district vehicle use  $300,000 from reducing energy expense through Energy Education Program  $87,000 from reducing travel budgets (20 percent reduction) and general operating/supply budgets (20 percent reduction)  $42,000 from eliminating high school swimming program and elementary water safety program  $55,000 from eliminating public relations contract  5 Other significant events for Bonneville included using one-time ARRA payments of $550,000 and $2 million to reduce the fund balance. In addition, a bond was passed to build a new elementary school. Idaho Falls/Bonneville District Consolidation Study A-5 Appendix B Bond Levy Impact Projections Bond levy tax impact analyses were conducted by Zions Bank Public Finance. Please contact Cameron Arial at 208.344.9522 with questions about the analyses. Idaho Falls School District No. 91 Bonneville School District No. 93 Bonding Assumptions Idaho Falls School District No. 91 Series 2012 Par Amount $60,000,000 Dated Date: March 15, 2012 1st Interest Payment September 15, 2012 Principal Payments September 15, 2013-2031 Bonneville JSD No. 93 Series 2012 Par Amount $10,000,000 Dated Date: March 15, 2012 1st Interest Payment September 15, 2012 Principal Payments September 15, 2012-2031 Series 2013 Par Amount $50,000,000 Dated Date: March 15, 2013 1st Interest Payment September 15, 2012 Principal Payments September 15, 2013-2031 Year Full Market Value % change Taxable Market Value % change 2010 $3,856,925,093 -1.69% $2,895,822,044 -1.73% 2009 3,923,189,640 3.04% 2,946,027,806 3.44% 2008 3,807,356,431 11.04% 2,844,615,489 10.42% 2007 3,428,722,640 11.22% 2,548,316,306 9.04% 2006 3,082,768,402 10.21% 2,317,961,085 2.91% 2005 2,797,189,052 10.27% 2,250,511,185 10.39% 2004 2,536,629,587 6.22% 2,016,591,148 6.54% 2003 2,388,141,653 2.36% 1,884,699,584 2.52% 2002 2,333,169,752 6.03% 1,837,142,203 6.19% 2001 2,200,578,634 - 1,723,380,189 - Year Full Market Value % change Taxable Market Value % change 2010 $3,091,784,672 0.45% $2,296,586,618 0.16% 2009 3,077,958,405 2.52% 2,293,023,611 2.35% 2008 3,002,205,059 17.77% 2,239,057,535 15.15% 2007 2,549,170,482 17.04% 1,899,885,509 13.43% 2006 2,178,049,232 19.37% 1,644,728,444 11.07% 2005 1,824,658,801 14.87% 1,462,640,514 13.37% 2004 1,588,437,093 8.07% 1,267,122,965 7.69% 2003 1,469,820,061 10.91% 1,169,713,897 10.73% 2002 1,325,222,057 10.37% 1,044,218,077 10.13% 2001 1,200,747,271 - 938,387,049 - Year Full Market Value % change Taxable Market Value % change 2010 $6,948,709,765 -0.75% $5,192,408,662 -0.90% 2009 7,001,148,045 2.81% 5,239,051,417 2.97% 2008 6,809,561,490 13.91% 5,083,673,024 12.50% 2007 5,977,893,122 13.63% 4,448,201,815 10.91% 2006 5,260,817,634 13.82% 3,962,689,529 6.30% 2005 4,621,847,853 12.04% 3,713,151,699 11.57% 2004 4,125,066,680 6.92% 3,283,714,113 6.98% 2003 3,857,961,714 5.46% 3,054,413,481 5.67% 2002 3,658,391,809 7.56% 2,881,360,280 7.62% 2001 3,401,325,905 - 2,661,767,238 - Year % of FMV from SD #91 % of FMV from SD #93 2010 55.5% 44.5% 2009 56.0% 44.0% 2008 55.9% 44.1% 2007 57.4% 42.6% 2006 58.6% 41.4% 2005 60.5% 39.5% 2004 61.5% 38.5% 2003 61.9% 38.1% 2002 63.8% 36.2% 2001 64.7% 35.3% Consolidated District Bonneville County Idaho Falls School District #91 Bonneville County Bonneville School District #93 Bonneville County Idaho Falls School District #91 Historical Tax Rates Calculated Revenue 2010–11 2009–10 2008–09 2007–08 2006–07 2010-11 Supplemental M&O 0.002212904 0.002173230 0.002390481 0.002626731 0.002934347 6,408,176.18$ Emergency 0.000000000 0.000000000 0.000341934 0.000000000 0.000000000 - Tort Liability 0.000034210 0.000031147 0.000028780 0.000025180 0.000019460 99,066.07 Judgement 0.000000000 0.000000000 0.000000000 0.000001356 0.000000000 - Subtotal 0.002247114 0.002204377 0.002761195 0.002653267 0.002953807 6,507,242.26 Bond 0.000000000 0.000496540 0.000436179 0.000502169 0.000560978 - Plant Facility 0.000979589 0.000917043 0.000904510 0.000946574 0.001007073 2,836,715.42 Total All Funds 0.003226703 0.003617960 0.004101884 0.004102010 0.004521858 9,343,957.68$ Bonneville School District #93 Historical Tax Rates Calculated Revenue 2010–11 2009–10 2008–09 2007–08 2006–07 2010-11 Supplemental M&O 0.001076476 0.001077115 0.000893233 0.001016426 0.000000000 2,472,220.38$ Emergency 0.000600000 0.000600000 0.000600000 0.000600000 0.000600000 1,377,951.97 Tort Liability 0.000055923 0.000051752 0.000051416 0.000051165 0.000041699 128,432.01 Judgement 0.000000000 0.000000000 0.000000000 0.000001162 0.000000000 - Subtotal 0.001732399 0.001728867 0.001544649 0.001668753 0.000641699 3,978,604.36 Bond 0.003106000 0.003108585 0.003278026 0.003067748 0.003954731 7,133,198.04 Plant Facility 0.000609600 0.000610548 0.000625263 0.000711499 0.000851204 1,399,999.20 Total All Funds 0.005447999 0.005448000 0.005447938 0.005448000 0.005447634 12,511,801.60$ Consolidated District 2010-11 Tax Rates and Revenue 2010–11 Revenue Supplemental M&O 0.001710265 8,880,396.56$ Emergency 0.000265378 1,377,951.97 Tort Liability 0.000043814 227,498.09 Judgement 0.000000000 - Subtotal 0.002019457 10,485,846.62 *Bond Plant Facility 0.000815944 4,236,714.62 Total All Funds 0.002835401 14,722,561.24$ *Bond Levies are not combined and Subdistricts would be responsible for their prior debt JOINT SCHOOL DISTRICT NO. 93 (EAST BONNEVILLE) BINGHAM AND BONNEVILLE COUNTIES, STATE OF IDAHO General Obligation Legal Debt Limit And Additional Debt Incurring Capacity––As of September 15, 2011 Section 33–1103, Idaho Code, establishes limits on bonded indebtedness for school districts in Idaho. The general obligation indebtedness of the District is limited by State law to 5% of the market value of taxable property in the District. The legal debt limit and additional debt incurring capacity of the District are based on the full taxable value for 2010, and are calculated as follows: 2010 Full Taxable Value ......................................................................................... $3,091,784,672 “Full Taxable Value” time 5% equals the (“Debt Limit”) ....................................... $154,589,234 Less: current outstanding general obligation debt (77,812,426) Estimated additional debt incurring capacity ........................................................... $ 76,776,808 SCHOOL DISTRICT NO. 91 (IDAHO FALLS) BONNEVILLE COUNTY, STATE OF IDAHO General Obligation Legal Debt Limit And Additional Debt Incurring Capacity—As of September 15, 2011. Section 33–1103, Idaho Code, establishes limits on bonded indebtedness for school districts in Idaho. The general obligation indebtedness of the District is limited by State law to 5% of the market value of taxable property in the District. The legal debt limit and additional debt incurring capacity of the District are based on the full taxable value for 2010, and are calculated as follows: 2010 Full Taxable Value ......................................................................................... $3,856,925,093 “Full Taxable Value” time 5% equals the (“Debt Limit”) ....................................... $192,846,255 Less: current outstanding general obligation debt (0) Estimated additional debt incurring capacity ........................................................... $ 192,846,255 Id a h o F a l l s S c h o o l D i s t r i c t N o . 9 1 To t a l D e b t S e r v i c e f o r $ 6 0 , 0 0 0 , 0 0 0 G O B o n d Ye a r Id a h o F a l l s pS e r i e s 2 0 1 2 (D i s t r i c t ' s Po r t i o n ) Id a h o F a l l s S e r i e s 20 1 2 (B L E P ) Id a h o F a l l s p S e r i e s 20 1 2 To t a l D S To t a l D e b t Se r v i c e P a i d b y Di s t r i c t Ta x I m p a c t o n a $ 1 0 0 , 0 0 0 Ho m e 20 1 2 5 8 2 , 1 2 5 . 4 8 2 7 8 , 6 3 4 . 5 2 8 6 0 , 7 6 0 . 0 0 5 8 2 , 1 2 5 . 4 8 1 0 . 0 5 20 1 3 4 , 0 3 7 , 8 8 5 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 6 , 5 2 0 . 0 0 4 , 0 3 7 , 8 8 5 . 4 8 6 9 . 7 2 20 1 4 4 , 0 3 6 , 7 9 6 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 5 , 4 3 1 . 0 0 4 , 0 3 6 , 7 9 6 . 4 8 6 9 . 7 0 20 1 5 4 , 0 3 8 , 5 6 7 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 7 , 2 0 2 . 0 0 4 , 0 3 8 , 5 6 7 . 4 8 6 9 . 7 3 20 1 6 4 , 0 3 7 , 4 7 4 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 6 , 1 0 9 . 0 0 4 , 0 3 7 , 4 7 4 . 4 8 6 9 . 7 1 20 1 7 4 , 0 3 5 , 1 6 4 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 3 , 7 9 9 . 0 0 4 , 0 3 5 , 1 6 4 . 4 8 6 9 . 6 7 20 1 8 4 , 0 3 7 , 6 4 4 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 6 , 2 7 9 . 0 0 4 , 0 3 7 , 6 4 4 . 4 8 6 9 . 7 1 20 1 9 4 , 0 3 4 , 8 9 4 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 3 , 5 2 9 . 0 0 4 , 0 3 4 , 8 9 4 . 4 8 6 9 . 6 7 20 2 0 4 , 0 3 7 , 2 9 3 . 9 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 5 , 9 2 8 . 5 0 4 , 0 3 7 , 2 9 3 . 9 8 6 9 . 7 1 20 2 1 4 , 0 3 6 , 1 0 6 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 4 , 7 4 1 . 0 0 4 , 0 3 6 , 1 0 6 . 4 8 6 9 . 6 9 20 2 2 4 , 0 3 7 , 6 2 1 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 6 , 2 5 6 . 0 0 4 , 0 3 7 , 6 2 1 . 4 8 6 9 . 7 1 20 2 3 4 , 0 3 6 , 2 6 7 . 9 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 4 , 9 0 2 . 5 0 4 , 0 3 6 , 2 6 7 . 9 8 6 9 . 6 9 20 2 4 4 , 0 3 7 , 2 0 5 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 5 , 8 4 0 . 0 0 4 , 0 3 7 , 2 0 5 . 4 8 6 9 . 7 1 20 2 5 4 , 0 3 5 , 1 3 5 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 3 , 7 7 0 . 0 0 4 , 0 3 5 , 1 3 5 . 4 8 6 9 . 6 7 20 2 6 4 , 0 3 4 , 5 8 4 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 3 , 2 1 9 . 0 0 4 , 0 3 4 , 5 8 4 . 4 8 6 9 . 6 6 20 2 7 4 , 0 3 5 , 9 0 8 . 9 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 4 , 5 4 3 . 5 0 4 , 0 3 5 , 9 0 8 . 9 8 6 9 . 6 9 20 2 8 4 , 0 3 9 , 5 3 2 . 9 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 8 , 1 6 7 . 5 0 4 , 0 3 9 , 5 3 2 . 9 8 6 9 . 7 5 20 2 9 4 , 0 3 4 , 8 5 4 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 3 , 4 8 9 . 0 0 4 , 0 3 4 , 8 5 4 . 4 8 6 9 . 6 7 20 3 0 4 , 0 3 6 , 6 3 0 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 5 , 2 6 5 . 0 0 4 , 0 3 6 , 6 3 0 . 4 8 6 9 . 7 0 20 3 1 4 , 0 3 9 , 0 2 5 . 4 8 2 7 8 , 6 3 4 . 5 2 4 , 3 1 7 , 6 6 0 . 0 0 4 , 0 3 9 , 0 2 5 . 4 8 6 9 . 7 4 20 3 2 77 , 2 8 0 , 7 2 0 . 6 7 $ 5 , 5 7 2 , 6 9 0 . 3 3 $ 8 2 , 8 5 3 , 4 1 1 . 0 0 $ Id a h o F a l l s S c h o o l D i s t r i c t N o . 9 1 $2 ,00 0 ,00 0 $2 , 5 0 0 , 0 0 0 $3 , 0 0 0 , 0 0 0 $3 , 5 0 0 , 0 0 0 $4 , 0 0 0 , 0 0 0 $4 , 5 0 0 , 0 0 0 $5 , 0 0 0 , 0 0 0 D e b t   S e r v i c e Id a h o  Fa l l s  pS e r i e s  20 1 2   (D i s t r i c t ' s   Po r t i o n ) Id a h o  Fa l l s  Se r i e s  20 1 2    (B L E P ) $6 0 , 0 0 0 , 0 0 0 G e n e r a l  Ob l i g a t i o n  Bo n d  De b t  Se r v i c e $0 $5 0 0 , 0 0 0 $1 , 0 0 0 , 0 0 0 $1 , 5 0 0 , 0 0 0 $, , 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2028 2029 2030 2031 Ye a r Bo n n e v i l l e J o i n t S c h o o l D i s t r i c t N o . 9 3 , I d a h o To t a l O u t s t a n d i n g D e b t S e r v i c e w i t h P r o p o s e d B o n d s Ye a r Se r i e s 2 0 0 5 Se r i e s 2 0 0 7 S e r i e s 2 0 0 9 pS e r i e s 2 0 1 2 (D i s t r i c t ' s P o r t i o n ) pS e r i e s 2 0 1 2 (B L E P ) Se r i e s 2 0 1 2 To t a l D S pS e r i e s 2 0 1 3 (D i s t r i c t ' s Po r t i o n ) pS e r i e s 2 0 1 3 (B L E P ) Series 2013 Total DSTotal Debt Service Paid by District Existing Debt Tax Impact on $100k Home Proposed New Debt Tax Impact on $100k HomeTotal Tax Impact on a $100k Home 20 1 1 4 , 3 6 6 , 7 1 2 . 5 0 1 , 3 5 2 , 4 5 6 . 2 6 1 , 1 7 4 , 9 3 8 . 3 6 6,894,107.12 150.23 - 150.23 20 1 2 4 , 3 6 4 , 9 6 2 . 5 0 1 , 6 2 1 , 4 5 6 . 2 6 1 , 1 7 4 , 9 3 8 . 3 6 2 5 0 , 7 7 6 . 1 6 9 9 , 1 3 3 . 0 9 34 9 , 9 0 9 . 2 5 7,412,133.28 156.05 5.46 161.52 20 1 3 3 , 2 0 6 , 2 5 0 . 0 0 1 , 8 9 4 , 2 5 6 . 2 6 1 , 1 7 4 , 9 3 8 . 3 6 3 9 9 , 9 2 5 . 4 1 9 9 , 1 3 3 . 0 9 49 9 , 0 5 8 . 5 0 20 9 , 5 5 7 . 2 4 4 9 9 , 7 0 7 . 0 1 7 0 9 , 2 6 4 . 2 5 6,884,927.26 136.75 13.28 150.03 20 1 4 2 , 0 6 3 , 2 5 0 . 0 0 2 , 1 7 5 , 2 5 6 . 2 6 1 , 1 7 4 , 9 3 8 . 3 6 3 9 9 , 0 6 5 . 4 1 9 9 , 1 3 3 . 0 9 49 8 , 1 9 8 . 5 0 91 8 , 8 2 1 . 4 9 4 9 9 , 7 0 7 . 0 1 1 , 4 1 8 , 5 2 8 . 5 0 6,731,331.51 117.96 28.72 146.68 20 1 5 6 , 7 1 2 , 2 0 0 . 0 0 1 , 6 5 2 , 6 6 3 . 3 6 1 9 7 , 8 2 5 . 4 1 9 9 , 1 3 3 . 0 9 29 6 , 9 5 8 . 5 0 91 8 , 8 2 1 . 4 9 4 9 9 , 7 0 7 . 0 1 1 , 4 1 8 , 5 2 8 . 5 0 9,481,510.25 182.28 24.33 206.61 20 1 6 7 , 0 1 3 , 4 5 0 . 0 0 1 , 4 3 1 , 2 6 3 . 3 6 1 9 7 , 8 2 5 . 4 1 9 9 , 1 3 3 . 0 9 29 6 , 9 5 8 . 5 0 91 8 , 8 2 1 . 4 9 4 9 9 , 7 0 7 . 0 1 1 , 4 1 8 , 5 2 8 . 5 0 9,561,360.25 184.02 24.33 208.35 20 1 7 - 7 , 3 1 8 , 6 0 0 . 0 0 1 , 2 8 0 , 1 8 8 . 3 6 1 9 7 , 8 2 5 . 4 1 9 9 , 1 3 3 . 0 9 29 6 , 9 5 8 . 5 0 91 8 , 8 2 1 . 4 9 4 9 9 , 7 0 7 . 0 1 1 , 4 1 8 , 5 2 8 . 5 0 9,715,435.25 187.37 24.33 211.71 20 1 8 - 2 , 2 6 7 , 2 0 0 . 0 0 1 , 2 7 6 , 1 2 5 . 8 6 5 9 7 , 8 2 5 . 4 1 9 9 , 1 3 3 . 0 9 69 6 , 9 5 8 . 5 0 4, 2 1 8 , 8 2 1 . 4 9 4 9 9 , 7 0 7 . 0 1 4 , 7 1 8 , 5 2 8 . 5 0 8,359,972.75 77.21 104.96 182.17 20 1 9 - 2 , 5 8 7 , 7 8 1 . 2 1 8 0 5 , 7 8 5 . 4 1 9 9 , 1 3 3 . 0 9 90 4 , 9 1 8 . 5 0 4, 8 7 2 , 6 2 1 . 4 9 4 9 9 , 7 0 7 . 0 1 5 , 3 7 2 , 3 2 8 . 5 0 8,266,188.10 56.39 123.74 180.13 20 2 0 - 2 , 8 2 6 , 9 6 3 . 2 6 8 0 7 , 8 7 0 . 4 1 9 9 , 1 3 3 . 0 9 90 7 , 0 0 3 . 5 0 4, 6 6 7 , 2 2 1 . 4 9 4 9 9 , 7 0 7 . 0 1 5 , 1 6 6 , 9 2 8 . 5 0 8,302,055.15 61.60 119.31 180.91 20 2 1 - - 2 ,81 4 ,28 2 . 4 8 8 0 7 ,68 7 . 4 1 9 9 ,13 3 . 0 9 90 6 , 8 2 0 . 5 0 4 ,66 1 ,05 6 . 4 9 4 9 9 ,70 7 . 0 1 5 ,160 ,763.50 8 ,283 ,026.37 61.33 119.17 180.49 20 2 1 2, 8 1 4 , 2 8 2 . 4 8 80 7 , 6 8 7 . 4 1 99 , 1 3 3 . 0 9 90 6 , 8 2 0 . 5 0 4, 6 6 1 , 0 5 6 . 4 9 49 9 , 7 0 7 . 0 1 5,160,763.50 8,283,026.37 61.33 119.17 180.49 20 2 2 - - 2 , 8 0 8 , 1 8 7 . 5 0 8 1 0 , 5 9 4 . 9 1 9 9 , 1 3 3 . 0 9 90 9 , 7 2 8 . 0 0 4, 6 6 6 , 1 0 2 . 4 9 4 9 9 , 7 0 7 . 0 1 5 , 1 6 5 , 8 0 9 . 5 0 8,284,884.89 61.19 119.34 180.53 20 2 3 - - 2 , 8 0 2 , 2 9 3 . 7 5 8 1 1 , 7 7 5 . 4 1 9 9 , 1 3 3 . 0 9 91 0 , 9 0 8 . 5 0 4, 6 6 4 , 0 4 2 . 4 9 4 9 9 , 7 0 7 . 0 1 5 , 1 6 3 , 7 4 9 . 5 0 8,278,111.64 61.06 119.32 180.39 20 2 4 - - 2 , 8 0 8 , 0 2 5 . 0 0 8 1 1 , 1 5 6 . 9 1 9 9 , 1 3 3 . 0 9 91 0 , 2 9 0 . 0 0 4, 6 6 6 , 7 3 8 . 9 9 4 9 9 , 7 0 7 . 0 1 5 , 1 6 6 , 4 4 6 . 0 0 8,285,920.89 61.19 119.37 180.56 20 2 5 - - 2 , 7 9 3 , 6 3 7 . 5 0 8 0 8 , 8 0 8 . 4 1 9 9 , 1 3 3 . 0 9 90 7 , 9 4 1 . 5 0 4, 6 6 8 , 3 6 2 . 4 9 4 9 9 , 7 0 7 . 0 1 5 , 1 6 8 , 0 6 9 . 5 0 8,270,808.39 60.88 119.35 180.23 20 2 6 - - 2 , 7 9 4 , 4 6 2 . 5 0 8 0 9 , 7 3 8 . 4 1 9 9 , 1 3 3 . 0 9 90 8 , 8 7 1 . 5 0 4, 6 6 4 , 0 4 0 . 9 9 4 9 9 , 7 0 7 . 0 1 5 , 1 6 3 , 7 4 8 . 0 0 8,268,241.89 60.89 119.28 180.17 20 2 7 - - 2 , 7 8 8 , 9 8 7 . 5 0 8 0 8 , 7 1 3 . 4 1 9 9 , 1 3 3 . 0 9 90 7 , 8 4 6 . 5 0 4, 6 6 3 , 6 4 4 . 9 9 4 9 9 , 7 0 7 . 0 1 5 , 1 6 3 , 3 5 2 . 0 0 8,261,345.89 60.77 119.25 180.02 20 2 8 - - 2 , 7 8 5 , 3 3 7 . 5 0 8 1 0 , 8 9 0 . 9 1 9 9 , 1 3 3 . 0 9 91 0 , 0 2 4 . 0 0 4, 6 6 1 , 2 4 8 . 9 9 4 9 9 , 7 0 7 . 0 1 5 , 1 6 0 , 9 5 6 . 0 0 8,257,477.39 60.69 119.24 179.94 20 2 9 - - 2 , 7 8 8 , 0 0 0 . 0 0 1 , 9 7 6 , 2 6 6 . 9 1 9 9 , 1 3 3 . 0 9 2, 0 7 5 , 4 0 0 . 0 0 3, 6 4 7 , 4 9 2 . 9 9 4 9 9 , 7 0 7 . 0 1 4 , 1 4 7 , 2 0 0 . 0 0 8,411,759.89 60.75 122.55 183.30 20 3 0 - - - - 20 3 1 - - - 14 , 0 0 1 , 1 7 5 . 0 0 $ 3 0 , 3 5 4 , 8 7 5 . 0 4 $ 4 0 , 9 3 7 , 9 5 2 . 5 8 $ 1 2 , 3 1 0 , 3 5 7 . 0 5 $ 1 , 7 8 4 , 3 9 5 . 7 0 $ 1 4 , 0 9 4 , 7 5 2 . 7 5 $ 5 8 , 6 0 6 , 2 3 8 . 5 2 $ 8 , 4 9 5 , 0 1 9 . 2 3 $ 6 7 , 1 0 1 , 2 5 7 . 7 5 $ 156,210,598.19 $ Bo n n e v i l l e J o i n t S c h o o l D i s t r i c t N o . 9 3 $6 , 0 0 0 , 0 0 0 $8 , 0 0 0 , 0 0 0 $1 0 , 0 0 0 , 0 0 0 $1 2 , 0 0 0 , 0 0 0 D e b t   S e r v i c e Se r i e s  20 0 5 Se r i e s  20 0 7 Se r i e s  20 0 9 pS e r i e s  20 1 2   (D i s t r i c t ' s  Po r t i o n ) pS e r i e s  20 1 3   (D i s t r i c t ' s  Po r t i o n ) pS e r i e s  20 1 2   (B L E P ) pSeries  2013  (BLEP) $0 $2 , 0 0 0 , 0 0 0 $4 , 0 0 0 , 0 0 0 2 0 1 1 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2029 2030 2031 Ye a r Bo n n e v i l l e J o i n t S c h o o l D i s t r i c t N o . 9 3 a n d I d a h o F a l l s S c h o o l D i s t r i c t N o . 9 1 To t a l P r o p o s e d D e b t S e r v i c e (B o n n e v i l l e J S D : $ 1 0 M i s s u e d i n 2 0 1 2 , $ 5 0 M i s s u e d i n 2 0 1 3 Id a h o F a l l s S D : $ 6 0 M i s s u e d i n 2 0 1 2 ) Ye a r Bo n n e v i l l e p S e r i e s 20 1 2 (D i s t r i c t ' s P o r t i o n ) Bo n n e v i l l e pS e r i e s 2 0 1 2 (B L E P ) Bo n n e v i l l e p S e r i e s 20 1 2 To t a l D S Id a h o F a l l s p S e r i e s 20 1 2 (D i s t r i c t ' s P o r t i o n ) Id a h o F a l l s pS e r i e s 2 0 1 2 (B L E P ) Id a h o F a l l s S e r i e s 20 1 2 To t a l D S Bo n n e v i l l e p S e r i e s 20 1 3 (D i s t r i c t ' s P o r t i o n ) Bonneville pSeries 2013 (BLEP)Bonneville pSeries Series 2013 Total DSTotal Debt Service Paid by District Tax Impact on a $100,000 Home 20 1 1 20 1 2 5 8 7 , 6 9 8 . 9 3 8 4 , 9 8 3 . 0 7 67 2 , 6 8 2 . 0 0 80 2 , 8 6 5 . 6 0 5 7 , 8 9 4 . 4 0 86 0 , 7 6 0 . 0 0 1,390,564.53 13.40 20 1 3 5 8 8 , 3 0 9 . 9 3 8 4 , 9 8 3 . 0 7 6 7 3 , 2 9 3 . 0 0 4 , 0 2 6 , 1 9 2 . 4 3 2 9 0 , 3 2 7 . 5 7 4 , 3 1 6 , 5 2 0 . 0 0 2 , 9 3 3 , 4 6 6 . 7 7 4 2 4 , 9 0 4 . 4 8 3,358,371.25 7,547,969.13 72.71 20 1 4 5 8 6 , 5 0 3 . 9 3 8 4 , 9 8 3 . 0 7 6 7 1 , 4 8 7 . 0 0 4 , 0 2 5 , 1 7 6 . 6 8 2 9 0 , 2 5 4 . 3 2 4 , 3 1 5 , 4 3 1 . 0 0 2 , 9 3 1 , 5 0 2 . 0 2 4 2 4 , 9 0 4 . 4 8 3,356,406.50 7,543,182.63 72.66 20 1 5 5 8 3 , 8 9 9 . 9 3 8 4 , 9 8 3 . 0 7 6 6 8 , 8 8 3 . 0 0 4 , 0 2 6 , 8 2 8 . 5 6 2 9 0 , 3 7 3 . 4 4 4 , 3 1 7 , 2 0 2 . 0 0 2 , 9 3 2 , 5 1 5 . 0 2 4 2 4 , 9 0 4 . 4 8 3,357,419.50 7,543,243.51 72.67 20 1 6 5 8 5 , 1 6 1 . 9 3 8 4 , 9 8 3 . 0 7 6 7 0 , 1 4 5 . 0 0 4 , 0 2 5 , 8 0 9 . 0 8 2 9 0 , 2 9 9 . 9 2 4 , 3 1 6 , 1 0 9 . 0 0 2 , 9 2 9 , 4 9 5 . 0 2 4 2 4 , 9 0 4 . 4 8 3,354,399.50 7,540,466.03 72.64 20 1 7 5 8 5 , 1 4 6 . 9 3 8 4 , 9 8 3 . 0 7 6 7 0 , 1 3 0 . 0 0 4 , 0 2 3 , 6 5 4 . 4 5 2 9 0 , 1 4 4 . 5 5 4 , 3 1 3 , 7 9 9 . 0 0 2 , 9 3 0 , 7 1 6 . 0 2 4 2 4 , 9 0 4 . 4 8 3,355,620.50 7,539,517.40 72.63 20 1 8 58 4 1 2 6 9 3 84 9 8 3 0 7 66 9 1 1 0 0 0 4 0 2 5 9 6 7 6 4 29 0 3 1 1 3 6 4 3 1 6 2 7 9 0 0 2 9 3 0 5 8 2 0 2 424 904 48 3 355 486 50 7 540 676 59 72 64 20 1 8 58 4 ,12 6 .93 84 ,98 3 .07 66 9 ,11 0 .00 4 ,02 5 ,96 7 .64 29 0 ,31 1 .36 4 ,31 6 ,27 9 .00 2 ,93 0 ,582 .02 424 ,904 .48 3 ,355 ,486 .50 7 ,540 ,676 .59 72 .64 20 1 9 5 8 6 , 4 7 0 . 9 3 8 4 , 9 8 3 . 0 7 6 7 1 , 4 5 4 . 0 0 4 , 0 2 3 , 4 0 2 . 6 1 2 9 0 , 1 2 6 . 3 9 4 , 3 1 3 , 5 2 9 . 0 0 2 , 9 3 0 , 4 1 2 . 0 2 4 2 4 , 9 0 4 . 4 8 3,355,316.50 7,540,285.56 72.64 20 2 0 5 8 7 , 1 2 5 . 9 3 8 4 , 9 8 3 . 0 7 6 7 2 , 1 0 9 . 0 0 4 , 0 2 5 , 6 4 0 . 7 2 2 9 0 , 2 8 7 . 7 8 4 , 3 1 5 , 9 2 8 . 5 0 2 , 9 3 1 , 9 5 6 . 0 2 4 2 4 , 9 0 4 . 4 8 3,356,860.50 7,544,722.67 72.68 20 2 1 5 8 6 , 1 6 0 . 4 3 8 4 , 9 8 3 . 0 7 6 7 1 , 1 4 3 . 5 0 4 , 0 2 4 , 5 3 3 . 0 9 2 9 0 , 2 0 7 . 9 1 4 , 3 1 4 , 7 4 1 . 0 0 2 , 9 3 0 , 2 3 1 . 0 2 4 2 4 , 9 0 4 . 4 8 3,355,135.50 7,540,924.54 72.64 20 2 2 5 8 8 , 8 3 7 . 9 3 8 4 , 9 8 3 . 0 7 6 7 3 , 8 2 1 . 0 0 4 , 0 2 5 , 9 4 6 . 1 9 2 9 0 , 3 0 9 . 8 1 4 , 3 1 6 , 2 5 6 . 0 0 2 , 9 3 0 , 5 2 4 . 0 2 4 2 4 , 9 0 4 . 4 8 3,355,428.50 7,545,308.14 72.69 20 2 3 5 8 5 , 2 5 3 . 9 3 8 4 , 9 8 3 . 0 7 6 7 0 , 2 3 7 . 0 0 4 , 0 2 4 , 6 8 3 . 7 3 2 9 0 , 2 1 8 . 7 7 4 , 3 1 4 , 9 0 2 . 5 0 2 , 9 2 8 , 9 1 1 . 5 2 4 2 4 , 9 0 4 . 4 8 3,353,816.00 7,538,849.18 72.62 20 2 4 5 8 5 , 5 0 4 . 9 3 8 4 , 9 8 3 . 0 7 6 7 0 , 4 8 8 . 0 0 4 , 0 2 5 , 5 5 8 . 1 7 2 9 0 , 2 8 1 . 8 3 4 , 3 1 5 , 8 4 0 . 0 0 2 , 9 3 1 , 4 1 6 . 0 2 4 2 4 , 9 0 4 . 4 8 3,356,320.50 7,542,479.12 72.66 20 2 5 5 8 4 , 4 9 6 . 4 3 8 4 , 9 8 3 . 0 7 6 6 9 , 4 7 9 . 5 0 4 , 0 2 3 , 6 2 7 . 4 0 2 9 0 , 1 4 2 . 6 0 4 , 3 1 3 , 7 7 0 . 0 0 2 , 9 3 2 , 5 2 0 . 5 2 4 2 4 , 9 0 4 . 4 8 3,357,425.00 7,540,644.35 72.64 20 2 6 5 8 7 , 2 3 2 . 4 3 8 4 , 9 8 3 . 0 7 6 7 2 , 2 1 5 . 5 0 4 , 0 2 3 , 1 1 3 . 4 6 2 9 0 , 1 0 5 . 5 4 4 , 3 1 3 , 2 1 9 . 0 0 2 , 9 3 2 , 3 1 9 . 5 2 4 2 4 , 9 0 4 . 4 8 3,357,224.00 7,542,665.41 72.66 20 2 7 5 8 8 , 4 9 4 . 4 3 8 4 , 9 8 3 . 0 7 6 7 3 , 4 7 7 . 5 0 4 , 0 2 4 , 3 4 8 . 8 7 2 9 0 , 1 9 4 . 6 3 4 , 3 1 4 , 5 4 3 . 5 0 2 , 9 3 0 , 6 6 7 . 5 2 4 2 4 , 9 0 4 . 4 8 3,355,572.00 7,543,510.82 72.67 20 2 8 5 8 8 , 3 9 0 . 4 3 8 4 , 9 8 3 . 0 7 6 7 3 , 3 7 3 . 5 0 4 , 0 2 7 , 7 2 9 . 1 2 2 9 0 , 4 3 8 . 3 8 4 , 3 1 8 , 1 6 7 . 5 0 2 , 9 3 2 , 1 5 1 . 0 2 4 2 4 , 9 0 4 . 4 8 3,357,055.50 7,548,270.57 72.71 20 2 9 5 8 7 , 0 4 6 . 4 3 8 4 , 9 8 3 . 0 7 6 7 2 , 0 2 9 . 5 0 4 , 0 2 3 , 3 6 5 . 3 0 2 9 0 , 1 2 3 . 7 0 4 , 3 1 3 , 4 8 9 . 0 0 2 , 9 3 1 , 9 9 0 . 0 2 4 2 4 , 9 0 4 . 4 8 3,356,894.50 7,542,401.75 72.66 20 3 0 5 8 4 , 4 2 6 . 4 3 8 4 , 9 8 3 . 0 7 6 6 9 , 4 0 9 . 5 0 4 , 0 2 5 , 0 2 1 . 8 4 2 9 0 , 2 4 3 . 1 6 4 , 3 1 5 , 2 6 5 . 0 0 2 , 9 3 0 , 6 3 8 . 0 2 4 2 4 , 9 0 4 . 4 8 3,355,542.50 7,540,086.29 72.64 20 3 1 5 8 5 , 4 9 4 . 4 3 8 4 , 9 8 3 . 0 7 6 7 0 , 4 7 7 . 5 0 4 , 0 2 7 , 2 5 5 . 7 6 2 9 0 , 4 0 4 . 2 4 4 , 3 1 7 , 6 6 0 . 0 0 2 , 9 3 2 , 7 2 6 . 5 2 4 2 4 , 9 0 4 . 4 8 3,357,631.00 7,545,476.71 72.69 20 3 2 2, 9 3 2 , 6 8 0 . 5 2 4 2 4 , 9 0 4 . 4 8 3,357,585.00 2,932,680.52 28.25 20 3 3 - 11 , 7 2 5 , 7 8 3 . 6 6 $ 1 , 6 9 9 , 6 6 1 . 3 4 $ 1 3 , 4 2 5 , 4 4 5 . 0 0 $ 7 7 , 2 8 0 , 7 2 0 . 6 7 $ 5 , 5 7 2 , 6 9 0 . 3 3 $ 8 2 , 8 5 3 , 4 1 1 . 0 0 $ 5 8 , 6 2 7 , 4 2 1 . 0 9 $ 8 , 4 9 8 , 0 8 9 . 6 6 $ 67,125,510.75 $ Bo n n e v i l l e J o i n t S c h o o l D i s t r i c t N o . 9 3 an d I d a h o F a l l s S c h o o l D i s t r i c t N o . 9 1 $4 , 0 0 0 , 0 0 0 $5 , 0 0 0 , 0 0 0 $6 , 0 0 0 , 0 0 0 $7 , 0 0 0 , 0 0 0 $8 , 0 0 0 , 0 0 0 $9 , 0 0 0 , 0 0 0 D e b t   S e r v i c e Bo n n e v i l l e  pS e r i e s  20 1 2 (D i s t r i c t ' s  Po r t i o n ) Id a h o  Fa l l s  pS e r i e s  20 1 2   (D i s t r i c t ' s  Po r t i o n ) Bo n n e v i l l e  pS e r i e s  20 1 3 (D i s t r i c t ' s  Po r t i o n ) Bo n n e v i l l e  pS e r i e s  20 1 2   (B L E P ) Bo n n e v i l l e  pS e r i e s  20 1 3   (B L E P ) Id a h o  Falls  pSeries  2012    (B L E P ) Pr o p o s e d  Le v e l D e b t  Se r v i c e Bo n n e v i l l e  JS D :    $1 0 M  is s u e d  in  20 1 2 ,  $5 0 M  is s u e d  in  20 1 3          Id a h o  Fa l l s  SD :  $6 0 M  is s u e d  in  20 1 2 $0 $1 , 0 0 0 , 0 0 0 $2 , 0 0 0 , 0 0 0 $3 , 0 0 0 , 0 0 0 2 0 1 2 2 0 1 3 2 0 1 4 2 0 1 5 2 0 1 6 2 0 1 7 2 0 1 8 2 0 1 9 2 0 2 0 2 0 2 1 2 0 2 2 2 0 2 3 2 0 2 4 2 0 2 5 2 0 2 6 2 0 2 7 2 0 2 8 2 0 2 9 2030 2031 2032 Ye a r Bo n n e v i l l e J o i n t S c h o o l D i s t r i c t N o . 9 3 a n d I d a h o F a l l s S c h o o l D i s t r i c t N o . 9 1 To t a l O u t s t a n d i n g D e b t S e r v i c e w i t h P r o p o s e d B o n d s Ex i s t i n g D e b t Ye a r Bo n n e v i l l e Se r i e s 2 0 0 5 Bo n n e v i l l e Se r i e s 2 0 0 7 Bo n n e v i l l e Se r i e s 2 0 0 9 B o n n e v i l l e $ 1 0 M pS e r i e s 2 0 1 2 (D i s t r i c t ' s Po r t i o n ) Bo n n e v i l l e p S e r i e s 20 1 2 (B L E P ) Bo n n e v i l l e S e r i e s 20 1 2 To t a l D S Id a h o F a l l s $ 6 0 M pS e r i e s 2 0 1 2 (D i s t r i c t ' s P o r t i o n ) Id a h o F a l l s S e r i e s 20 1 2 (B L E P ) Id a h o F a l l s p S e r i e s 20 1 2 To t a l D S Bonneville $50M pSeries 2013 (D i s t r i c t ' s P o r t i o n ) Bonneville pSeries 2013 (BLEP)Bonneville Series 2013 Total DSTotal Debt Service Paid by District Existing Debt Tax Impact on $100k Home (SD 93 Only) Proposed New Debt Tax Impact on $100k Home (91 & 93 Combined)Total Tax Impact on $100k Home for SD 93 20 1 1 4 , 3 6 6 , 7 1 2 . 5 0 1 , 3 5 2 , 4 5 6 . 2 6 1 , 1 7 4 , 9 3 8 . 3 6 6,894,107.12 150.23 150.23 20 1 2 4 , 3 6 4 , 9 6 2 . 5 0 1 , 6 2 1 , 4 5 6 . 2 6 1 , 1 7 4 , 9 3 8 . 3 6 8 2 , 9 6 8 . 7 8 1 0 6 , 9 7 4 . 4 7 18 9 , 9 4 3 . 2 5 70 6 , 1 0 6 . 8 7 2 9 8 , 4 3 2 . 3 8 1 , 0 0 4 , 5 3 9 . 2 5 7,950,432.77 156.05 7.60 163.65 20 1 3 3 , 2 0 6 , 2 5 0 . 0 0 1 , 8 9 4 , 2 5 6 . 2 6 1 , 1 7 4 , 9 3 8 . 3 6 2 7 2 , 9 1 2 . 0 3 1 0 6 , 9 7 4 . 4 7 37 9 , 8 8 6 . 5 0 1, 9 7 5 , 6 4 6 . 1 2 2 9 8 , 4 3 2 . 3 8 2 , 2 7 4 , 0 7 8 . 5 0 3 , 4 0 7 , 1 9 4 . 0 9 4 4 7 , 0 8 8 . 6 6 3,854,282.75 11,931,196.85 136.75 54.48 191.23 20 1 4 2 , 0 6 3 , 2 5 0 . 0 0 2 , 1 7 5 , 2 5 6 . 2 6 1 , 6 5 9 , 9 3 8 . 3 6 2 7 2 , 9 1 2 . 0 3 1 0 6 , 9 7 4 . 4 7 37 9 , 8 8 6 . 5 0 2, 3 5 4 , 0 0 3 . 1 2 2 9 8 , 4 3 2 . 3 8 2 , 6 5 2 , 4 3 5 . 5 0 3 , 3 6 9 , 3 1 6 . 8 4 4 4 7 , 0 8 8 . 6 6 3,816,405.50 11,894,676.60 128.53 57.76 186.29 20 1 5 6 , 7 1 2 , 2 0 0 . 0 0 1 , 4 3 5 , 3 8 8 . 3 6 2 7 2 , 9 1 2 . 0 3 1 0 6 , 9 7 4 . 4 7 37 9 , 8 8 6 . 5 0 1, 7 0 3 , 2 6 2 . 6 2 2 9 8 , 4 3 2 . 3 8 2 , 0 0 1 , 6 9 5 . 0 0 1 , 7 6 8 , 4 8 0 . 8 4 4 4 7 , 0 8 8 . 6 6 2,215,569.50 11,892,243.84 177.54 36.07 213.61 20 1 6 7 , 0 1 3 , 4 5 0 . 0 0 1 , 2 8 2 , 1 3 8 . 3 6 2 7 2 , 9 1 2 . 0 3 1 0 6 , 9 7 4 . 4 7 37 9 , 8 8 6 . 5 0 1, 7 0 3 , 2 6 2 . 6 2 2 9 8 , 4 3 2 . 3 8 2 , 0 0 1 , 6 9 5 . 0 0 1 , 6 2 2 , 7 1 4 . 8 4 4 4 7 , 0 8 8 . 6 6 2,069,803.50 11,894,477.84 180.77 34.67 215.44 20 1 7 - 7 , 3 1 8 , 6 0 0 . 0 0 1 , 2 7 8 , 2 3 8 . 3 6 2 7 2 , 9 1 2 . 0 3 1 0 6 , 9 7 4 . 4 7 37 9 , 8 8 6 . 5 0 1, 7 0 3 , 2 6 2 . 6 2 2 9 8 , 4 3 2 . 3 8 2 , 0 0 1 , 6 9 5 . 0 0 1 , 3 2 0 , 6 8 3 . 8 4 4 4 7 , 0 8 8 . 6 6 1,767,772.50 11,893,696.84 187.33 31.76 219.09 20 1 8 - 2 , 2 6 7 , 2 0 0 . 0 0 2 , 6 1 4 , 0 1 3 . 3 6 2 7 2 , 9 1 2 . 0 3 1 0 6 , 9 7 4 . 4 7 37 9 , 8 8 6 . 5 0 3, 3 7 3 , 2 6 2 . 6 2 2 9 8 , 4 3 2 . 3 8 3 , 6 7 1 , 6 9 5 . 0 0 3 , 3 6 4 , 8 4 2 . 8 4 4 4 7 , 0 8 8 . 6 6 3,811,931.50 11,892,230.84 106.36 67.54 173.90 20 1 9 - 2 , 8 6 1 , 5 4 9 . 0 6 3 3 7 , 9 1 2 . 0 3 1 0 6 , 9 7 4 . 4 7 44 4 , 8 8 6 . 5 0 5, 3 2 8 , 1 9 2 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 6 , 6 2 5 . 0 0 3 , 3 6 4 , 2 1 2 . 8 4 4 4 7 , 0 8 8 . 6 6 3,811,301.50 11,891,866.54 62.35 86.99 149.35 20 2 0 - 2 , 8 5 7 , 3 7 7 . 4 6 3 4 1 , 5 4 7 . 0 3 1 0 6 , 9 7 4 . 4 7 44 8 , 5 2 1 . 5 0 5, 3 2 4 , 9 8 6 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 3 , 4 1 9 . 0 0 3 , 3 6 8 , 8 0 4 . 8 4 4 4 7 , 0 8 8 . 6 6 3,815,893.50 11,892,715.94 62.26 87.04 149.30 20 2 1 - - 2 , 8 5 6 , 1 8 7 . 5 0 3 4 4 , 8 6 0 . 0 3 1 0 6 , 9 7 4 . 4 7 45 1 , 8 3 4 . 5 0 5, 3 2 5 , 7 4 4 . 1 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 4 , 1 7 6 . 5 0 3 , 3 6 3 , 5 7 4 . 8 4 4 4 7 , 0 8 8 . 6 6 3,810,663.50 11,890,366.48 62.24 87.03 149.27 20 2 2 - - 2 , 8 5 5 , 1 8 7 . 5 0 3 4 2 , 8 7 2 . 5 3 1 0 6 , 9 7 4 . 4 7 44 9 , 8 4 7 . 0 0 5, 3 2 6 , 9 3 0 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 5 , 3 6 3 . 0 0 3 , 3 6 8 , 9 8 6 . 8 4 4 4 7 , 0 8 8 . 6 6 3,816,075.50 11,893,977.48 62.22 87.07 149.29 20 2 3 -- 2, 8 5 4 , 4 0 0 . 0 0 34 5 , 7 5 0 . 0 3 10 6 , 9 7 4 . 4 7 45 2 , 7 2 4 . 5 0 5, 3 2 7 , 8 8 5 . 1 2 29 8 , 4 3 2 . 3 8 5, 6 2 6 , 3 1 7 . 5 0 3,366,111.84 447,088.66 3,813,200.50 11,894,146.98 62.20 87.08 149.28 20 2 3 - - 2 ,85 4 ,40 0 .00 34 5 ,75 0 .03 10 6 ,97 4 .47 45 2 ,72 4 .50 5 ,32 7 ,88 5 .12 29 8 ,43 2 .38 5 ,62 6 ,31 7 .50 3 ,366 ,111 .84 447 ,088 .66 3 ,813 ,200 .50 11 ,894 ,146 .98 62 .20 87 .08 149 .28 20 2 4 - - 2 , 8 5 1 , 6 5 0 . 0 0 3 4 8 , 3 4 2 . 0 3 1 0 6 , 9 7 4 . 4 7 45 5 , 3 1 6 . 5 0 5, 3 2 8 , 7 0 7 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 7 , 1 4 0 . 0 0 3 , 3 6 1 , 3 0 5 . 8 4 4 4 7 , 0 8 8 . 6 6 3,808,394.50 11,890,005.48 62.14 87.07 149.21 20 2 5 - - 2 , 8 5 5 , 6 2 5 . 0 0 3 4 5 , 6 4 7 . 5 3 1 0 6 , 9 7 4 . 4 7 45 2 , 6 2 2 . 0 0 5, 3 2 4 , 1 0 1 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 2 , 5 3 4 . 0 0 3 , 3 6 9 , 1 6 6 . 3 4 4 4 7 , 0 8 8 . 6 6 3,816,255.00 11,894,540.48 62.23 87.07 149.30 20 2 6 - - 2 , 8 5 3 , 3 0 0 . 0 0 3 4 7 , 8 2 5 . 5 3 1 0 6 , 9 7 4 . 4 7 45 4 , 8 0 0 . 0 0 5, 3 2 3 , 5 0 3 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 1 , 9 3 6 . 0 0 3 , 3 6 9 , 3 8 3 . 3 4 4 4 7 , 0 8 8 . 6 6 3,816,472.00 11,894,012.48 62.18 87.09 149.27 20 2 7 - - 2 , 8 5 4 , 6 7 5 . 0 0 3 4 4 , 7 0 2 . 5 3 1 0 6 , 9 7 4 . 4 7 45 1 , 6 7 7 . 0 0 5, 3 2 7 , 3 1 2 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 5 , 7 4 5 . 0 0 3 , 3 6 6 , 9 6 1 . 3 4 4 4 7 , 0 8 8 . 6 6 3,814,050.00 11,893,651.48 62.21 87.07 149.28 20 2 8 - - 2 , 8 5 6 , 0 0 0 . 0 0 3 4 1 , 4 7 1 . 5 3 1 0 6 , 9 7 4 . 4 7 44 8 , 4 4 6 . 0 0 5, 3 3 1 , 0 0 8 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 9 , 4 4 1 . 0 0 3 , 3 6 1 , 4 4 1 . 8 4 4 4 7 , 0 8 8 . 6 6 3,808,530.50 11,889,921.98 62.23 87.03 149.26 20 2 9 - - 3 , 1 9 8 , 1 5 9 . 5 3 1 0 6 , 9 7 4 . 4 7 3, 3 0 5 , 1 3 4 . 0 0 5, 3 2 8 , 9 1 7 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 7 , 3 5 0 . 0 0 3 , 3 6 3 , 3 3 0 . 8 4 4 4 7 , 0 8 8 . 6 6 3,810,419.50 11,890,407.98 - 114.54 114.54 20 3 0 - - - 3 , 2 0 1 , 9 4 4 . 5 3 1 0 6 , 9 7 4 . 4 7 3, 3 0 8 , 9 1 9 . 0 0 5, 3 2 5 , 5 3 1 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 3 , 9 6 4 . 0 0 3 , 3 6 2 , 8 4 2 . 8 4 4 4 7 , 0 8 8 . 6 6 3,809,931.50 11,890,318.98 - 114.54 114.54 20 3 1 - - - 3 , 1 9 8 , 6 3 5 . 5 3 1 0 6 , 9 7 4 . 4 7 3, 3 0 5 , 6 1 0 . 0 0 5, 3 3 0 , 1 3 1 . 6 2 2 9 8 , 4 3 2 . 3 8 5 , 6 2 8 , 5 6 4 . 0 0 3 , 3 6 4 , 5 7 3 . 3 4 4 4 7 , 0 8 8 . 6 6 3,811,662.00 11,893,340.48 - 114.57 114.57 20 3 2 14 , 0 0 1 , 1 7 5 . 0 0 $ 3 0 , 3 5 4 , 8 7 5 . 0 4 $ 4 0 , 3 5 0 , 4 8 3 . 4 0 $ 1 4 , 7 6 0 , 1 1 1 . 3 0 $ 2 , 1 3 9 , 4 8 9 . 4 5 $ 1 6 , 8 9 9 , 6 0 0 . 7 5 $ 8 2 , 7 7 1 , 7 6 0 . 6 3 $ 5 , 9 6 8 , 6 4 7 . 6 2 $ 8 8 , 7 4 0 , 4 0 8 . 2 5 $ 5 8 , 6 0 3 , 9 3 0 . 1 2 $ 8,494,684.63 $ 67,098,614.75 $ 240,842,335.48 $ Bo n n e v i l l e J o i n t S c h o o l D i s t r i c t N o . 9 3 an d I d a h o F a l l s S c h o o l D i s t r i c t N o . 9 1 To t a l O u t s t a n d i n g a n d P r op o s e d D e b t S e r v i c e $6 0 0 0 0 0 0 $8 , 0 0 0 , 0 0 0 $1 0 , 0 0 0 , 0 0 0 $1 2 , 0 0 0 , 0 0 0 $1 4 , 0 0 0 , 0 0 0 D e b t   S e r v i c e Bo n n e v i l l e Se r i e s  20 0 5 Bo n n e v i l l e   Se r i e s  20 0 7 Bo 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