1 / 25

Superintendent’s Recommended Budget: FY 2012-13 Rockingham County Public Schools March 21, 2012

Superintendent’s Recommended Budget: FY 2012-13 Rockingham County Public Schools March 21, 2012. 2012-2013 RCPS Budget Timeline To Date. Oct, 2011 Budget process begun Jan 10, 2012 Public hearing at CRES Jan 23, 2012 Board reviewed all expenditure requests

thelma
Download Presentation

Superintendent’s Recommended Budget: FY 2012-13 Rockingham County Public Schools March 21, 2012

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. Superintendent’s Recommended Budget: FY 2012-13Rockingham County Public SchoolsMarch 21, 2012

  2. 2012-2013 RCPS Budget Timeline To Date • Oct, 2011 Budget process begun • Jan 10, 2012 Public hearing at CRES • Jan 23, 2012 Board reviewed all expenditure requests • Feb 13, 2012 Board reviewed Governor’s budget • Feb 27, 2012 Governor, Senate & House budgets • Mar 12, 2012 Budget Priorities Discussed • Mar 21, 2012 Superintendent’s Recommended Budget • Mar 26, 2012 Public Hearing at DLC • Mar 28, 2012 Anticipated Board action on budget

  3. Expenditure Highlights • Rate Increases Set by State $3,624,000 • VRS (unfunded retirement) • Group Life • Retiree Health Care Credit • Employee Portion of Group Life $447,537 • Being picked up by RCPS

  4. Expenditure Highlights (continued) • VRS “5 for 5” Shift (Plan 1 Employees)$578,930 • From VRS line to salary line • Increased expense to RCPS • VRS Hold Harmless (Plan 1 Employees)$485,260 • Increased employee FICA on 5% adjustment in salary

  5. Expenditure Highlights (continued) • Health Insurance $900,000 • October 1 annual renewal • Anticipated 5% Anthem Renewal increase • We will commit our efforts to keep any increases to a minimum; employer and employee expected to experience an increased cost next year

  6. Expenditure Highlights (continued) • Instructional Needs $241,000 • SPED Tuition for Regional Program • Textbooks (Fund 203) • (Consumables K-12, 3rd Grade Math)$600,000

  7. Expenditure Highlights (continued) • New Personnel • School Resource Officer $46,000 • Elem/Middle/High FTE’s due $354,000 to changes in course offerings and enrollment shifts Total $400,000

  8. Expenditure Highlights (continued) • 1.5% “Average” Raise • School Board may elect to “fix” certain job categories in need of additional compensation Total Cost $1,215,000

  9. Expenditure Reductions • Supplemental RetirementProgram$200,000 • Transportation $50,000 • Maintenance $50,000 • Food Service $96,000 • Transfer of Funding Source for Food Service Expense • Technology (2 positions - attrition) $100,000 • Additional Reductions TBD $140,000 TOTAL $636,000

  10. Revenue Highlights – StateBased on House Version No General Assembly Approved Budget • Overall State Funding Down $153,459 • Contributing Factors: • Decreased ADM (11,350 -> 11,203) • Increased Composite Index (34.89 -> 36.75)

  11. Revenue Highlights - Federal • Title II Part A Decrease $168,000 • Title II Part D Eliminated $12,500 • Federal Jobs Bill Revenue $2,526,000

  12. Revenue Highlights - Local • FY 2013 Allocation Request $52,551,609 • Operating Fund • Increase for operating fund $7,328,679 • Textbook Fund – 203 Request $600,000 Overall Request $7,928,679

  13. The Good News in this Proposed Budget • Provides the 5% adjustment upfront allowing employees to pay the required 5% VRS (Plan 1 employees) • Increases the employee's contracted salary 5%, a future investment (Plan 1 employees) • Ensures the employee is "held harmless" with no costs assumed by the employee for the adjustment • Provides a 1.5% "average" salary increase for most contracted employees • Keeps support for instruction and the classroom a priority

  14. 2012-13 RCPS Budget Process Timeline Continues March 26, 2012 Second Public Hearing Dayton Learning Center, 7:00 PM March 28, 2012 Anticipated School Board Action on FY 2012-13 Budget School Board Office, 5:00 PM Information available: Superintendent’s Office Dr. Carol Fenn 564-3230

  15. Rockingham County Public Schools--Where Excellence is Commonplace

More Related