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WINSTON-SALEM/FORSYTH COUNTY SCHOOLS

WINSTON-SALEM/FORSYTH COUNTY SCHOOLS. 2012-13 BUDGET PREVIEW. First, the Good News!. Projected local budget surplus in 2011-12, which, except for items listed on subsequent slides, should continue to be available in 2012-13 $9.0 million

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WINSTON-SALEM/FORSYTH COUNTY SCHOOLS

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  1. WINSTON-SALEM/FORSYTH COUNTY SCHOOLS 2012-13 BUDGET PREVIEW

  2. First, the Good News! • Projected local budget surplus in 2011-12, which, except for items listed on subsequent slides, should continue to be available in 2012-13 $9.0 million • Savings from remainder of local assistant positions due to be eliminated June 30 $0.75 million

  3. Funding Losses • Federal Jobs Bill Funds $10.5 million • Race-to-the-Top Funds Used to Pay Equity+ Bonuses in 2011-12, but not Available in 2012-13 $1.8 million • Carryover exhausted in Federal Title II CSR $0.4 million

  4. Other Expected Funding Needs • “Temporary” Salary Savings in 2011-12 $175,000 • Already Enacted Increase in Matching Ret. $1.5 million • Already Enacted Increase in Discretionary Reduction $2.0 million • Anticipated Increase in Matching Health Ins. $325,000

  5. Other Potential Funding Needs • Projected Increases in Utility Rates • Potential for Matching Legislated Pay Increases • Potential Losses of Other Federal Funds

  6. Pent-up Needs Due to Budget Cuts • Activity Bus Replacements • Computer Replacements • Textbook Adoptions • Staff Development • Other replacements/enhancements of technology and other tools

  7. Other Potential Sources of Funds • Use Some Portion of Fund Balance That is Accumulated in 2011-12 • Modify and/or Find Another Funding Source for Equity+ Bonuses • County Funding (Implementation of Funding Formula?)

  8. Bottom Line • Sources of Funds $9,750,000 • Funding Needs -$16,700,000 • Potential Funding Shortfall -$6,950,000 • Does Not Take Into Account Pent-up Funding Needs or Potential Funding Sources

  9. First Steps • Determine How Much Fund Balance to Use • Determine the Impact of Equity+ Bonuses • Continue to Monitor the Potential for Additional State Cuts • Continue to Work Toward Implementation of a County Funding Formula

  10. Discuss Ideas for Permanent Cuts • Permanent Pay Cuts? • Central Office/12-month Classified • Supplements (a small percentage of all supplements; just masters’; combination) • Special Supplements • Hourly

  11. Discuss Ideas for Permanent Cuts • Eliminate Central Office Positions? • Continue Converting to Contract Cleaning? • “Trial Employment” Temporary Staffing? • New Instructional Delivery Model for AIG? • Teacher Assistant/PRT Allotment Formula? • Reduce Need for Substitutes?

  12. Summary • Picture is Somewhat Brighter Than Anticipated • Use of Fund Balance can Help at Least Delay Some of the Pain • Still Hope to Avoid RIFs • Still Hope to Avoid Class Size Increases • Still Lots of Unknowns

  13. Next Steps • Seek Input from the Board • Empower a Study Group • Begin Discussions of Ideas and Alternatives • Continue to Monitor and Update State and County Funding Projections

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