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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