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Drummond Montessori Magnet School Budget

Drummond Montessori Magnet School Budget. School Year 2008--2009. What does the LSC approve? “The entire school budget”. The entire school budget includes: General Educational Fund Oracle Fund #115 Categorical Funds Supplemental General State Aid (SGSA) Oracle Fund #225

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Drummond Montessori Magnet School Budget

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  1. Drummond Montessori Magnet School Budget School Year 2008--2009

  2. What does the LSC approve?“The entire school budget” The entire school budget includes: • General Educational Fund • Oracle Fund #115 • Categorical Funds • Supplemental General State Aid (SGSA) • Oracle Fund #225 • No Child Left Behind (NCLB) • Oracle Fund #332 (Most staff positions are allotted by CPS and are not subject to LSC approval. Whew!)

  3. The “Entire School Budget”for Drummond, 2009,is really just made up of the following:

  4. The “Entire School Budget”for Drummond, 2009,is really just made up of the following: General Fund dollars can be amended. The preliminary distribution is established by CPS.

  5. The “Entire School Budget”for Drummond, 2009,is really just made up of the following: New SGSA distribution is based on last year’s purchases. Distributed amount provides for two 0.5 positions.

  6. The “Entire School Budget”for Drummond, 2009,is really just made up of the following: NCLB Parent Pact dollars are distributed by the NCLB committee for parent involvement.

  7. The “Entire School Budget”for Drummond, 2009,is really just made up of the following: These NCLB funds come to us from free and reduced lunch. This is a one time rollover offer. Free and reduced enrollment has dropped from 74% a few years ago to 52% currently. Once the figure falls below 55%, no NCLB funds will be awarded with the exception of this one time rollover.

  8. General Education Fund (115) • The portion of the general education fund that includes personnel positions is established by CPS based on “quota position entitlement.” • The LSC must only approve a portion of the general fund “nonpersonnel allocations.” These have been set forth by CPS in a preliminary budget; thus they are “distributed”.

  9. Drummond’s preliminaryGENERAL EDUCATION NONPERSONNEL ALLOCATIONS2008--2009 *This line item is mandated by CPS and cannot be revised. It covers maintenance on electrical infrastructure.

  10. Quota Position Entitlement

  11. Other Positions *Pending re-assessment of bi-lingual enrollment.

  12. Discretionary FundsThese funds will be described in the SIPPAAA

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