Budget Workshop Meeting Overview of the Budget Components: Administrative, Program, and Capital and Preliminary Recommendations March 8, 2017 Presenter: Mr. Joseph Jimick Assistant Superintendent for Finance and Operations Every Scholar. Every Day. Every Classroom.
Agenda • Budget Planning process parameters • Property Tax Cap • Community Schools Aid • Budget Gap • Three Component Budget: Administrative, Program, and Capital • Salaries and Benefits % of total budget • Possible Budget Cuts • Next Steps
Every Child: Our Core Mission Foundational Principles of the Budget Planning Process 2017-2018 • Academic Return-on-Investment – Achieving Evidence of Success Goals in academics and operations • Cost Effectiveness – Strategically utilizing resources efficiently and effectively • Mission-Critical Budgeting – Understanding the importance of driving student outcomes to justify the dollar amounts expended
Property Taxes Tax Levy Limit 2016-17 Adopted 2017-18 Percentage Budget Proposed Budget Increase Increase Property Taxes 27,205,747 27,561,990 1.31% The Tax Cap Formula for 2017-2018 is a 1.31 % increase. WE WILL NOT OVERRIDE THE TAX CAP IN SPITE OF OUR BUDGET CHALLENGES.
Community Schools Aid • Guidance Update: We have consulted representatives from State Education, and have received feedback on two items • Because the Governor’s Executive Budget is a proposal, there is no formal guidance on how the Community Schools Aid is to be used • It is not anticipated at this point that School Districts who began programs in the 2016-2017 school year, using Community School Aid Set aside funding, would need to use the 2017-2018 to start all new programs
Budget Gap • If we can use the full allocation of the Community Schools Aid Set aside for the support of programs which used Community Schools Aid in 2016-2017, the budget gap narrows to 3,482,822 Note: This budget gap does not include the use of fund balance.
Three Component Budget Analysis (APC) 8% 5% 88% Administrative Capital Program
Budget Composition $99,959,424 21% 46% 5% 28% Salaries Benefits Debt Service and Transfers Other Items
Possible budget cuts and Estimated Savings Overview • The following slides identify 6.0 million dollars of program, operating and budgeted expenditures which have the potential to be removed from the overall budget • At this time 3.5 million dollars of reductions are needed in order to close the budget gap
Possible budget cuts and Estimated Savings • $936,000 Change from Full Day Kindergarten to Half Day Includes Salary and Benefits • $1,371,817 PACE Academy Includes Salary and benefits and $100,000 to cover building operating costs, supplies and contract services • $640,000 Transfer to debt service to offset future fiscal cliff • $500,000 Across the board cuts to contract services and/or supplies
Possible budget cuts and Estimated Savings • $130,000 No additional Clerical Staff to HR or Business office Budgeted 3 • $75,000 No additional Staff to Operations or Maintenance Budgeted 2 • $160,000 Additional Grant Writer and Reading Coordinator • $216,500 Keep E-TECH Principal and MS AP in Grants for one more year
Possible budget cuts and Estimated Savings • $36,000 Reduce 1 building level Clerical 17 to 16 FTE • $610,989 Reduce 10 FTE K-6 from 108 to 98 FTE two were new or vacated for a net reduction of 8 FTE • $153,054 No additional special at ELC and reduction of 1 K- 6 special • $593,191 Reduce 10 FTE 7-12 From 121.5 to 111.5 • $49,500 Reduce 2 Paraprofessionals 25 to 23 FTE • $22,500 Reduce 1 security
Possible budget cuts and Estimated Savings • $75,000 Reduction of Recess Monitor costs from $460,000 to $365,000 • $25,000 Reduction of Co-Curricular and Athletics Stipends
Possible budget cuts and Estimated Savings Special Education • $122,000 Reductions of Itinerant Services • $253,000 Move back of graduates and others to district • $83,000 Reductions of Health Aides
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