Extraordinary Learning for AllMadison Elementary School Madison Elementary School DistrictDistrict

Proposed Budget 2013/14May 21, 2013

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

Budget ParametersBudget Parameters 1.8% Increase in Base Support Level

$3,368.12 / weighted student count Additional 50 ADM

Offset possible changes made in final state budget

M&O Budget $32,269,526

M&O Budget M&O Budget 4% Salary Increase Lane Movement ASRS Increase (0.4%) Health Insurance Increase (3.74%) TOAs to Assistant Principals (Park,

MTA) 1.0 FTE TOA (Heights) IB Program – Training, Fees,

Coordinator (Meadows)

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

$310 Per Weighted ADM$310 Per Weighted ADM $535,000 Increase$535,000 Increase

BudgetBudget $3,183,130$3,183,130

Maintenance & Operation and Maintenance & Operation and CSFCSF

Expenditures by ObjectExpenditures by Object

Salaries & Benefits, 87.07%

Purchased Services,

6.79%

Misc, 0.36%Supplies,

5.78%

Capital Fund ParametersCapital Fund Parameters Unrestricted Capital

Budget doubled for possible legislation combining capital funds

$2,534,757 Soft Capital

$1,587,816 No reduction to budget (86% 12/13)

Capital Override $4,600,000

Questions?