1 / 14

Chariho Regional School District

Chariho Regional School District. Superintendent’s Fiscal Year 2013 Budget. Impacting the FY13 budget…. Reduction in state aid to Chariho and member towns as a result of funding formula Capital improvement projects of nearly $1.4M; housing aid moratorium

enrico
Download Presentation

Chariho Regional School District

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chariho Regional School District Superintendent’s Fiscal Year 2013 Budget

  2. Impacting the FY13 budget… • Reduction in state aid to Chariho and member towns as a result of funding formula • Capital improvement projects of nearly $1.4M; housing aid moratorium • Reduction of 1 support staff and .5 certified staff • Contract negotiations • Debt service

  3. Looking at trends…

  4. Looking at trends…

  5. Looking at trends…

  6. Looking at trends…

  7. Looking at trends…

  8. Sources of pride… due to support… • Richmond School #1 in mathematics in RI • Ashaway School #1 in science in RI • Hope Valley School wins national Blue Ribbon Award • Chariho students experienced the largest increase in math on state assessments over last five years • Chariho students experienced the seventh largest increase in reading on state assessments over last five years

  9. Improving our program… …with support • Advanced Placement Physics, Film Studies, and CTC Criminal Justice Program (to be proposed) • GEMSNET in grades 6-8 • Implementation of Common Core Standards in mathematics • High school boys’ lacrosse and girls’ competition cheerleading teams • Middle school girls’ spirit home game cheerleading squad

  10. Improving our facilities… …with support • Hope Valley School heating system replacement • Campus lower field upgrade • Richmond School asbestos tile replacement • Charlestown School plumbing fixtures and piping replacement and asbestos tile replacement • Ashaway School asbestos tile and suspended ceiling replacement and wood paneling removal • Replacement of two vehicles

  11. Fiscal year 2013 budget highlights… Operating Expenses Up by $843,152 or 1.56% Capital Up by $594,440 to $1,395,900 (Hope Valley School Heating System Replacement is $675,000) (Offset by $700,238 in housing aid) Revenue Up by $271,930 to $2,600,456 (Management Study is $80,000)

  12. Fiscal year 2013 budget highlights… Re-appropriation of Fund Balance Down by $499,611 to $966,070 (Leaves 3% fund balance) Debt Service Up by $79,480 to $187,138 (Projected at $233,718/yr. per town; actual amount will be $187,138/yr. per town) Member Town Contributions w/o Debt Service Up by 3.32% Member Town Contributions w/Debt Service Up by 3.77%

  13. Fiscal year 2013 budget highlights… Member Town Contributions without Debt Service and Including Shifts in Enrollment *subject to change based on student data and median family income; must be approved by General Assembly

  14. QUESTIONS?

More Related