Both Farmington and Grosse Pointe Public Schools have experienced significant enrollment loss and thus reductions in teaching staff. Farmington is now closing schools. How can the GPPSS avoid the same fate?
Analyzing data from 200 and 2014 US Census and ACS data shows shows population trends for the Grosse Pointes contracting with proportional increases in older age brackets and proportional decreases in younger age brackets.
A more detailed analysis will follow, but a quick view of census data for the Grosse Pointe communities show a clear trend. The five Grosse Pointes are getting progressively older and are losing population.
In the aftermath of the Grosse Pointe Public Schools’ tech bond defeat, it’s worth noting that the less expensive and more flexible Google Chromebook is rapidly rising in popularity among K-12 schools in the U.S.
Using the recently published 2015 financial audit and the ten previous years’ audits, I take a look at the current financial state of the district, assessing the 2015 financial performance and multi-year trends.
The GPPSS 2014-15 fiscal year audit results are in and the news was welcome. Last year’s budget and all its amendments presented quite a roller coaster ride for followers of district finances. Here are three charts visualizing the data.
The Grosse Pointe Public School System communities experienced first hand the controversy of February elections with last year’s tech bond vote. Moving forward the February option has been effectively eliminated given new laws established in Michigan last week.
The GPPSS has dwindling company among Michigan districts who maintain low ratios of students to teachers and who have teacher compensation packages significantly higher than state averages, and even among other high revenue districts.
The 2015 budget performance was disappointing as a $3.7 million operating surplus in 2014 dwindled to $700,000 in 2015. Now the 2016 budget aims to do what the 2015 budget failed to do – return fund equity to 8%.
The district will again run a surplus budget in 2015, but far less than last year’s $3.7 million as variable spending has increased and revenue declines with continued student enrollment loss.