Structural Financial Deficit Resolution Timeline

Reinventing Roosevelt

Fall 2024

This fall's Board meetings focused on how to invest our limited resources for maximum student impact and success. As we redesign Roosevelt, we also envision strengthening our neighborhoods. In addition to the public meetings below, Roosevelt sought input through a committee of diverse stakeholders and focus groups.

Date

Meeting Type

Location

Topic

Sept. 3

6 p.m.

Regular Board Meeting

District Office Board Room

Financial Update

Identified Structural Financial Deficit ($4.1 m)

Introduced Strategies for Increasing Revenue 

  • Pursue additional grant sources

  • Lease/sale of land

Introduced options for Reducing Expenses

  • Reconfiguration of schools

  • Medical self-insurance

  • Efficient staff models

  • Professional travel reduction

  • Utilities analysis

Sept. 17

5 p.m.

Study Session and Special Meeting

District Office Board Room

Financial Update

  • Identified Structural Financial Deficit ($4.7 m)

  • M&O Carry Forward

  • Potential Consequences for inaction

Facilities and Property Analysis

  • Structural Conditions

  • Functional Student Capacity

  • Property Sizes

  • Suitability Assessment introduction

Bond Fact Sheet 

  • Improvements to playgrounds/sports fields, arts/performance spaces

Reviewed Structural Deficit Timeline

  • Includes strategy of school consolidation

Oct. 1

6 p.m.

Regular Board Meeting

District Office Board Room

Financial Update

  • Potential consequences for inaction

  • Medicaid

Finance Modeling 

  • Cost to Increase Teacher and Target Groups Pay

  • Cost to subsidize medical insurance for employee dependents

  • Cost for Before/After and Break Child Care

Oct. 15

5 p.m.

Special Meeting

District Office Board Room

Financial Update

  • Cost per student by campus comparison

  • Potential consequences for inaction

Demographic Report

  • Current status

  • Projected construction and growth

Enrollment Trend

  • Includes current class sizes

  • Student Retention

Public Meeting Review of Expenditures for Current Bond and Overrides

Education Market Competition

Oct. 30

9 a.m.

Community Forum

Zoom

Southwest School

Educate Community on: 

  • Update on Goals and Guardrails

  • Financial Deficit

  • Focus on reinventing and reinvesting in the District we want to become

  • Strategies for increasing revenue

  • Strategies for reducing expenses

Opportunity to solicit community feedback

Oct. 30

5:30 p.m.

Community Forum

Zoom

Southwest School

Educate Community on: 

  • Update on Goals and Guardrails

  • Financial Deficit

  • Focus on reinventing and reinvesting in the District we want to become

  • Strategies for increasing revenue

  • Strategies for reducing expenses

Opportunity to solicit community feedback

Nov. 12

5:30 p.m.

Regular Board Meeting

District Office Board Room

Financial Update

  • Carry-forward context

  • Consequences of Inaction

Operational Efficiency Best Practices

  • Employee Medical Self-Insurance - Presented by TBD

  • Vacant Facility and Properties Potential Uses - Presented by Matters of State Strategies

  • Leasing/Selling Process Orientation - Presented by Phoenix IDA

  • Utility Analysis - Presented by Fusebox

  • Review community input

Nov. 19

5:30 p.m.

Public Hearing

School Closure Discussion

Verna McClain Wellness Center

Public Meeting | School Closures

Call for public comments (primary purpose)

Recommendation for specific schools to consolidate, repurpose and/or close

  • Notify affected families by Nov. 9

Dec. 3

5:30 p.m.

Public Hearing and Special Meeting

School Closure and New Boundaries

Verna McClain Wellness Center

Public Meeting | Rezoning Attendance Boundaries

Call for public comments regarding Superintendent recommendations and boundaries

Recommendation For Attendance Boundaries

  • Notify affected families by Nov. 22

Dec. 5

5:30 p.m.

Special Meeting

Verna McClain Wellness Center

Governing Board Vote on recommendations for school consolidation/closures and new attendance boundaries of designated schools