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Building a Sustainable Future for Our Children

School Board’s Adopted Budget FY 2011. Building a Sustainable Future for Our Children. April 29, 2010. Revenue Changes. Revenue FY 2011 Superintendent’s Proposed Budget $442,106,991 Changes: State Revenue – All Funds $(2,226,463) Local Revenue $(106,250)

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Building a Sustainable Future for Our Children

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  1. School Board’s Adopted Budget FY 2011 Building a Sustainable Future for Our Children April 29, 2010

  2. Revenue Changes Revenue FY 2011 Superintendent’s Proposed Budget $442,106,991 Changes: State Revenue – All Funds $(2,226,463) Local Revenue $(106,250) FY 2011 School Board Proposed Budget $439,774,278

  3. Expenditure Changes Expenditures FY 2011 Superintendent’s Proposed Budget $442,106,991 Reductions: VRS Retirement $(14,186,580) Group Life $(1,706,803) Retiree Health Care Credit $(888,121) Triennial Census $(125,000) Instruction – reorganization costs reduced $(126,156) Total Reductions $(17,032,660)

  4. Expenditure Changes Expenditures Additions: Spring Staffing $1,486,000 Instruction – Bilingual Resource Assistant $33,870 Instruction – STEM Specialist $38,136 Instruction – 1st Lang. Support Teacher $45,776 Instruction – ESOL Science Specialist $38,136 Instruction – Chinese $150,274 Clinical Psychologist $76,271

  5. Expenditure Changes Expenditures Additions: Career Advancement Program (CAP) $75,000 Transportation – sports/activities $231,028 Evaluation costs $75,000 School-based substitutes $370,000 Information Services – E scale positions $188,774 Facilities & Operations – M scale positions $117,704 5

  6. Expenditure Changes Expenditures Additions (continued): Additional OPEB funding $1,733,078 Cafeteria Fund $885 Grants & Restricted Programs Fund $830,000 Reserve for OPEB and VRS $9,210,015 Total Additions $14,699,947 FY 2011 School Board Proposed Budget $439,774,278 6

  7. Revenue Changes Revenue FY 2011 School Board Proposed Budget $439,774,278 Changes: County Transfer $1,622,274 State Revenue – Grant Fund $(178,114) Federal Revenue – Grant Fund $815,342 Local Revenue – Grant Fund $(4,397) FY 2011 School Board Adopted Budget $442,029,383 7

  8. Expenditure Changes Expenditures FY 2011 School Board Proposed Budget$439,774,278 Additions: Live Where You Work $80,800 Planetarium – partial restoration $114,250 Grants & Restricted Programs Fund $632,831 Enrollment Adjustment Reserve $100,000 Reserve for OPEB and VRS – additional funds $1,327,224 Total Additions $14,699,947 FY 2011 School Board Adopted Budget $442,029,383 8

  9. Budget by Fund School Operating Fund $358,289,643 Community Activities Fund $13,753,819 Cafeteria Fund $6,641,223 Capital Projects Fund $4,641,371 Comprehensive Services Act Fund $3,650,000 Grants & Restricted Programs Fund $18,914,227 Debt Service Fund $36,139,100 FY 2011 SB Adopted Budget $442,029,383 Less Reserve for OPEB and VRS $(10,537,239) FY 2011 Planned Expenditures $431,492,144 9

  10. Cost per Pupil Based on FY 2011 Planned Expenditures

  11. ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 2010 THE ARLINGTON SCHOOL BOARD HEREBY ADOPTS ITS FISCAL YEAR 2011 SCHOOL BOARD BUDGET CONSISTING OF A TOTAL OF $442,029,383 REQUIRING A COUNTY TRANSFER OF $358,504,225, A BEGINNING BALANCE OR CARRY-FORWARD OF $5,342,061, A CARRY-FORWARD OF $2,000,000 FOR THE RESERVE FUND, AND A CARRY-FORWARD OF $695,565 FOR THE OTHER POST EMPLOYMENT BENEFITS (OPEB) RESERVE BROKEN INTO THE FOLLOWING:

  12. ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 2010 • The School Operating Fund at a total of $358,289,643 (which includes a $10,537,239 Reserve for OPEB and VRS), requiring a County transfer of $307,994,983 and a beginning balance or carry forward of $5,342,061. • The Community Activities Fund at a total of $13,753,819, requiring a County transfer of $6,838,830. • The Debt Service Fund at a total of $36,139,100, requiring a County transfer of $36,139,100.

  13. ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 2010 4. The Cafeteria Fund at a total of $6,641,223, requiring a County transfer of $582,441. 5. The Capital Projects Fund at a total of $4,641,371, requiring a County transfer of $4,641,371. 6. The Comprehensive Services Fund at a total of $3,650,000, requiring a County transfer of $2,307,500.

  14. ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 2010 7. The Grants and Restricted Programs Fund at a total of $18,914,227, requiring a County transfer of $0. 8. The Reserve Fund at a total of $2,000,000, requiring a County transfer of $0 and a carry-forward of $2,000,000. 9. The Other Post Employment Benefits (OPEB) Reserve Fund at a total of $695,565, requiring a County transfer of $0 and a carry-forward of $695,565.

  15. Building a Sustainable Future for Our Children April 29, 2010 School Board’s Adopted Budget FY 2011

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