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By the numbers: a data bank on education trends for district leaders: this month: energy.


In 2001, energy expenditures for school districs were nearly $8 Billion
Energy Actions

During FY 2002, districts took various measures to improve
energy efficiency

Renovated or retrofitted existing facilities                        47%
Locked in rates with one or more energy vendors                     44
Participated in consortia to negotiate with third-party vendors     33
instituted or increased fees to use facilities                      15
Closed schools or sent students home early for at least one day
per week                                                             6

Budget Shortfalls

When they encountered budget shortfalls, districts:

Reallocated funds from other programs                               75%
Used an unappropriated surplus                                      53
Used a large portion of non-personnel budget                        46
Raised school taxes                                                  8
Rolled over the unbudgeted amount to the next fiscal year            8
Used short-term loans                                                7


61% of districts reported a shortfall Shortfall

The amount by which the capital required to fulfill a financial obligation exceeds available capital.

Notes:
Shortfall risk is often combated with an efficient hedging strategy created by a fund, group, institution, or individual.
 in energy funding for FY 2001

37% of districts believe they have a long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 energy problem
ENERGY
EXPENDITURES
PER PUPIL

2000      2001      2002

$137      $166      $176

Rural vs.
Urban

Per pupil energy expenditures in 2001

Urban              $154
Suburban           $164
Rural              $190

SIZE MATTERS

"Likely to experience an insufficient energy budget"

Smart district      56%
(1 to 2,499)

Midsized district    7
(2,500 to 9,999)

Large district      80
(10,000 or more)

Regional Power

2002 energy expenditures, in billions

Northeast 1.7

Southeast 1.6

Central   2.0

West      2.8

Source: National Center for Education Statistics, Effects of Energy
Needs and Expenditures on U.S. Public Schools, 2003, nces.ed.gov
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Article Details
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Author:Dianis, Laura
Publication:District Administration
Date:Feb 1, 2004
Words:236
Previous Article:Are your students making gains like these?
Next Article:Banking on the future.



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