Citation in context

#q1b1d39c5

budget 2022-06-01 Board portal #q1b1d39c5 Open original ↗

June 1, 2022 — Budget

This is the Clayton School District’s approved budget document for the 2022–2023 fiscal/school year (dated June 1, 2022). Excerpts show enrollment trends and non‑resident student counts by development and grade, employee benefit and retirement contribution assumptions (including PSRS at 14.50% and PEERS at 6.86%), a zero‑based budgeting approach for building and department budgets (~$5.0M) with a 2% overall increase, and definitions and procedures for capital expenditures and projects. The document also lists various revenue line items and amounts (e.g., Proposition C $2,389,990; Financial Institution Tax $1,243,000; Surcharge Tax $1,258,170) and notes projected employee dependent enrollment and medical claim assumptions (a 5% increase used for 2022–2023).

Cited passage

2022. Approximately $2.5 million of proceeds from the sale of the Maryland Building is available to fund this project.

Address (Name of Development) Year Built Units Condo/Rental Advertised Avg. Monthly Rent 2 BD Number of Unique Units 2021- 2022 2020- 2021 2019- 2020 2018- 2019 2017- 2018 25 North Central (Ceylon) 2018 121 Rental $3,500 0 2 5 5 2 0 8500 Maryland (The Barton) 2018 229 Rental $2,500 14 6 6 8 5 0 212 South Meramec (Two Twelve Clayton) 2017 250 Rental $3,000 10 5 7 7 2 1 155 Carondelet Plaza (The Crescent) 2007 73 Condo $6,250 2 0 0 0 2 1 8025 Maryland (Maryland Walk) 2006 103 Condo $3,500 3 0 1 2 1 0 2 The Boulevard (Allegro - Richmond Heights) 2005 74 Rental $2,000 0 1 2 5 5 4 150 Carondelet Plaza (The Plaza in Clayton) 2003 81 Condo NA 0 0 1 1 0 1 8025 Bonhomme (Clayton on the Park) 2000 208 Rental $3,700 11 9 9 10 7 12 800 S Hanley (The Residence) 1997 39 Condo NA 0 0 0 0 0 0 750 S Hanley (Claytonian) 1991 68 Condo $1,995 0 2 2 0 0 0 250 S Brentwood (Shaw Park Place) 1986 29 Condo $1,892 4 9 5 6 7 7 816 S Hanley (816 Club) 1974 56 Condo $2,225 0 0 0 1 3 2 200 S Brentwood (Park Tower) 1966 104 Condo $3,000 2 2 2 3 2 2 710 S Hanley (Whitehall) 1966 64 Condo $4,500 2 2 3 4 3 3 900 S Hanley (Hanley Towers) 1964 71 Condo $1,995 5 10 8 4 7 7 230 S Brentwood (Bethesda Barclay) 1962 84 Rental NA 0 0 0 0 0 0 Total 1654 53 48 51 56 46 40 Grade 2021- 2022 2020- 2021 2019- 2020 2018- 2019 2017- 2018 Notes: K 1 1 3 1 4 •The following percentages of students are still residing in these buildings after: 1 1 2 3 4 2 Two years - 25% 2 2 2 4 2 2 Three years - 12% 3 2 3 2 3 4 Four years - 15% 4 2 3 2 3 8 Five+ years - 14% 5 3 2 7 6 1 6 3 10 6 0 3 •The District is averaging 4 students per 100 high rise units. 7 6 5 1 4 3 8 4 1 5 5 1 9 4 5 5 4 1 10 8 4 5 3 4 11 4 7 4 7 4 12 8 6 9 4 3 48 51 56 46 40 Enrolled Students Enrolled Students 14

Voluntary Transfer Student Program (VTS) – The Voluntary Transfer Student Program (VTS) is a program administered by the Voluntary Interdistrict Choice Corporation, a non-profit entity formed to collect and administer state funds to support the voluntary transfer students who choose to attend a district other than the student’s district of residence (the City of St. Louis School District). The voluntary transfer enrollment is projected to fall to 158 students, which is a 7.6 percent decrease when compared to the September 2021 count day enrollment of 171 students.

Personal Tuition and Tax-Credit Tuition Students – According to RSMo 167.151 the School Board, in its discretion, may admit to the school pupils not entitled to free instruction and prescribe the tuition fee to be paid by them. Personal tuition and tax credit enrollment are projected to increase 14 students or 127.3 percent due to available space.

15

Original document

Open original ↗ Open full document Report an error →