1 / 14

Providence School Board 2011-2012 Budget Presentation Overview

The 2011-2012 Superintendent's Budget Presentation for the Providence School Board outlines key budget drivers, projected expenditures, and necessary revenue assumptions. Highlighting critical themes such as student achievement, labor obligations, and funding changes, the proposed budget totals $308,738,673, reflecting a 0.27% increase from FY2011. Key challenges include potential reductions in state aid and the need to eliminate a $29.5 million gap through various strategies, including salary reductions and school closures. The budget timeline for approval extends from April to August.

svea
Télécharger la présentation

Providence School Board 2011-2012 Budget Presentation Overview

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. 2011-2012 Superintendent’s Budget Presentation for Providence School Board April 25, 2011

  2. Budget Drivers • Student Achievement • Class size, curriculum development, professional development, classroom materials, extracurricular activities, smaller learning communities, common planning time, standards, and assessments • Available Funding from State and City • Changes to School Enrollment • Labor Contract Obligations • Salaries, Benefits, Class Size • Employee Retirement Contributions • State • Local • Vendor Contract Obligations • Transportation • Custodial and maintenance • Outside tuitions

  3. Local Budget Comparison FY 2011 to FY 2012

  4. Budget Expenditure Variances

  5. Budget Expenditure Variances (Continued)

  6. Budget Unknowns • Final State Aid Allocation to the District • Final City Appropriation to the District • Final Federal Entitlements

  7. FY2012 Budget Overview • The Superintendent’s 2011-12 proposed budget is $308,738,673 • The FY2012 Budget is $831,448 or .27% higher than FY2011 • Budget increases are driven by: • Labor agreements • Vendor agreements • State regulations and laws • Loss of Stimulus Funding • Loss of Federal Jobs Bill

  8. Budget Revenue Assumptions • State Aid will be funded at the Governor's proposed budget amount • Governor’s FY2012 Proposed Budget calls for a $2.5 million net reduction in Aid to Education for Providence • The City appropriation to schools will remain at the FY2011 amount • City funded 40.56% of FY2011 budget. Level funding of the FY2012 proposed budget is 40.45% • Federal Entitlements will be level funded

  9. Budget Expenditure Assumptions • Eliminating a $29.5 million budget gap • Achieved by: • Employee salary & benefit reductions • School closures • ASA Messer Elementary • ASA Messer Annex Elementary • Flynn Elementary • West Broadway Elementary • Windmill Elementary • Repurposing Bridgham Middle

  10. Budget Expenditure Assumptions (Continued)

  11. Proposed Expenditures $308,738,673 FY 2012 Expenditures

  12. Projected Revenues $308,738,673 FY 2012 Revenues

  13. Budget Schedule (Anticipated) • April 25 Budget submitted to School Board • April 28 Budget submitted to Mayor • May 1 Budget submitted to Council • June Council budget hearings • June-July Final state aid determined • July Council adopts city budget • July-August School board approval • July-August Council approves ordinances

  14. Questions ?

More Related