1 / 16

Proposed Financial Plan for Fiscal 2013-2014

Proposed Financial Plan for Fiscal 2013-2014. Revenue All Funds . Operating Fund Revenue. Expenditures by Major Classification. Expenditures by Object Code. Personnel compensation and benefits make up 84.09% of the Operating fund budget. History of State Funds.

merlin
Download Presentation

Proposed Financial Plan for Fiscal 2013-2014

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. Proposed Financial Plan for Fiscal 2013-2014

  2. Revenue All Funds

  3. Operating Fund Revenue

  4. Expenditures by Major Classification

  5. Expenditures by Object Code Personnel compensation and benefits make up 84.09% of the Operating fund budget.

  6. History of State Funds

  7. History of Local Appropriation of funds

  8. Proposed Budget includes reductions: Staggered bus schedule of $700,000 Efficiency savings found from: PD360/Staff Development Financial software Purchase card rebates/PO reduction Electronic Application portal Safe Schools/Worker’s compensation benefit External review of copier equipment usage Copy cost tracking software Utility behavioral changes

  9. Proposed Budget: Appropriation renewal FY2013 $2.0 million Increased Appropriation Request $7.0 million Total $9.0 million

  10. What does an additional $9 million investment in schools purchase? Investment in people 2% Cost of living raise $2,000,000 Compliance VRS phase-in 1% (2nd year of 5) $200,000 Teacher Scale Adjustment $930,478 Health Care benefit increase $2,100,000 Total $5,230,478

  11. Investment in strategic staffing: Budget priority Instructional support positions and strategic staffing Graduation coaches Science Specialists Social Studies Specialist Content specific supervisors/specialists Class Size Reduction teachers $ 948,081 Remediation for struggling students$ 161,441 Total $1,109,522

  12. Investment in Schools: Restore school allocations -instructional supplies $360,000 Equipment Replacement $1,100,000 HVAC and Copier Fixed Costs increases $1,200,000 Total $2,660,000 Grand Total $9 million

More Related