Extraordinary Learning for AllMadison Elementary School Madison Elementary School DistrictDistrict

2014/15Proposed Budget - May 20, 2014

Maintenance & Operation Maintenance & Operation (M&O)(M&O)

Budget ParametersBudget Parameters 1.4% Increase in Base Support Level

$3,415.27 / weighted student count

Decrease 66 ADM

M&O Budget $30,815,031

M&O Budget M&O Budget 1.5% Salary Increase

Lane Movement / Reclassification

ASRS Increase (0.06%)

Health Insurance Increase (11.39%)

TOA to Assistant Principal (Heights)

Classroom Site Fund Classroom Site Fund (CSF)(CSF)

$295 Per Weighted ADM$295 Per Weighted ADM $119,848 Decrease$119,848 Decrease

BudgetBudget $2,698,157$2,698,157

Maintenance & Operation and Maintenance & Operation and CSFCSF

Expenditures by ObjectExpenditures by Object

Salaries & Benefits, 84.54%

Purchased Services,

9.25%

Misc, 0.38%

Supplies, 5.83%

Capital Fund ParametersCapital Fund Parameters Unrestricted Capital

$2,964,627

Capital Override $4,600,000

Questions?