Approval of 2016-2017 Student Meal Prices

Woodland School District:

 

Agenda Item:   Lunch Prices 2016-17
Recommendations: The Board of Directors to approve meal price increase for the 2016-2017 school year as follows:
  Lunch: Primary Schools $2.30, Middle Schools, $2.65, High Schools $2.70, Adults $3.50

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Background:  
Current Meal Prices: Lunch: Primary Schools $2.20, Middle Schools, $2.55, High Schools $2.60, Adults $3.50

 

Student Lunch Prices:

The United States Department of Agriculture (USDA) requires all local education agencies (LEA) to calculate their weighted average paid lunch price using the Paid Lunch Equity (PLE) Tool.  If the weighted average paid lunch price for 2016-17 is at least $2.75, then no further action is required.  All LEAs must keep a copy of their PLE calculations (either electronic or paper) on file.  Ensuring that all LEAs have made this calculation will be part of administrative reviews conducted by OSPI.

If the weighted average paid lunch price is less than $2.75, then there are three options to meet the PLE requirement:

  • Increase the price charged for paid lunches ~ this is the option we are using.
  • Contribute non-Federal funds to the food service account.
  • Choose a combination of increasing paid lunch prices and contributing non-Federal funds.

 

Using the PLE Tool:

SY 2016-17 Price Adjustment Calculator

 

 

 

 

 

 

 

SY 2016-17 Weighted Average Price Requirement

 

 

 

 

 

 

 

Requirement price to the nearest cent

Optional price requirement ROUNDED DOWN to nearest 5 cent

 

 

 

 

 

 

 

 $2.78

 $2.75

 

 

 

 

 

 

 

Note:  Above prices are based on adjusting SY 2015-2016 price requirement by the 2% rate increase plus the Consumer Price Index (2.97%)

 

 

 

 

 

 

 

 

 

 

 

 

 

SY 2015-16 Weighted Average Price Calculator

 

 

 

 

Enter the paid prices and number of paid lunches sold at each price for October 2015.

 

 

 

 

 

 

 

 

 

Monthly # of Paid Lunches

Paid Lunch Price

Monthly Revenue

SY 2015-16 Weighted Average Price

 

 

 

 

1.

3,114

$2.20

$6,850.80

 

 

 

 

 

2.

3,034

$2.55

$7,736.70

 

 

 

 

3.

2,496

$2.60

$6,489.60

 

 

 

 

TOTAL

8,644

 

$21,077.10

$2.44

 

 

 

 

Note:  SY 2015-16 Weighted Average Price equal to or above $2.78 are compliant for SY 2016-17. $2.78 is the difference between the Free and Paid reimbursement rates for SY 2015-16.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Price Increase
for SY 2016-17

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$0.31

 

 

 

 

 

 

 

Required price increase for SY 2016-17 (with 10 cent cap)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 $2.54

 

 

 

 

 

 

 

Remaining increase carried forward
to SY 2017-18

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 $0.21

 

 

 

 

 

 

 

Remaining credit carried forward
to SY 2017-18

 

 

 

 

 

 

 

 

 

 

 
 

 $-    

 

 

 

 

 

 

 

 

 

 

 

 

 

Step 3 (Optional)

 

 

 

 

 

 

Pricing Estimation Calculator

 

 

 

Below is a tool allowing users to manipulate prices to achieve the required new weighted average price.

 

 

 

 

 

 

 

Monthly # of Paid Lunches

Paid Lunch Price

Monthly Revenue

Weighted Average Price

 

 

 

 

1.

3,114

$2.30

$7,162.20

 

 

 

 

 

2.

3,034

$2.65

$8,040.10

 

 

 

 

3.

2,496

$2.70

$6,739.20

 

 

 

 

TOTAL

8,644

 

$21,941.50

$2.54

 

 

 

 

 

 

 

 

 

 

 

 

Note:  This tool is created to allow the user to only enter the number of paid lunches and the related prices.  If any other parts of the tool are modified, the user runs the risk of calculating an incorrect new average price.  Users should not modify the tool's current functionality.      November 2015

 
 
 

 

Administrative Recommendation /MOTION/  "I move we approve 2016-2017 student meal prices as presented."

Attached Files:
NameSizeType
Woodland_School_Board_Meal_Price_Recommendation_-_2016-17 Revised.docx 22KB application/vnd.openxmlformats-officedocument.wordprocessingml.document