2010 – 2011 Budget Reduction Worksheet

1. 2010 – 2011Budget Reduction Worksheet Monday, June 21, 2010 Subject to Approval by the Board of Education

2. 5-Year State Aid Analysis

3. Budget Reduction Process • The budget reduction process will include four different phases. Phase I and II are recommendations that will not affect the classroom or the employees of the district. However, difficult decisions will be made in Phase III and Phase IV. • This process will take three months to complete beginning April 1st and ending at the June Board meeting. The State Legislature will be out of session during this time-frame, which will give the school district a better indication of the amount of money that needs to be cut. The final 2010-2011 budget reduction plan will be presented to the Board of Education in July.

4. Budget Reduction Process • Many stakeholders will be involved in the budget reduction process. The Chief Financial Officer and Superintendent will lead the organization through this process. • Starting with input from the teachers, recommendations will be given to the administration for their consideration. Next meetings with the principals and directors will be conducted to determine the number of certified and support personnel that is needed in their respective areas. The teachers on temporary contracts will be reviewed individually to determine the areas of critical needs.

5. Budget Reduction Goals • To secure highest fund balance as possible (10% - 14%) • To cut $5,893,405 or 10% for the 2010-2011 school year • To hire only critical positions • To hire positions only through Cabinet approval

6. Phase I : Basic First steps in cost savings

7. Phase II: Utilize lifted state mandates and sale of district property

8. Phase III: Forced to these options to reach the 10% cuts

9. Phase III: Forced to these options to reach the 10% cuts – con’t

10. Phase IV: Forced to these options to reach 12% cuts

11. Total Projected Savingsfor 2011