Proposed 2004-2005Proposed 2004-2005BudgetBudget

Proposed 2004-2005Proposed 2004-2005BudgetBudget

June 10, 2004June 10, 2004

Outline• Enrollment• Budget – Summary• Cuts• Adds• Actions

Enrollment• Growth – 1,266 ADA P-2 P-22003-04 2004-0521,619.63 22,886 1,266

Enrollment = ~23,445

ADA = Average Daily Attendance

Budget Summary2003-2004 2004-2005

Beginning Balance $ 11,246,094 $ 6,650,608Revenue $ 131,783,776 $142,915,881Expenses $ 136,379,262 $138,471,212Balance $ 6,650,608 $ 11,095,277Reserve $ 4,091,378 $ 4,149,186Revolving $ 13,750 $ 13,750Stores $ 150,000 $ 150,000Lottery $ 900,000 $ 2,200,000Res. Carryover $ 1,372,480 $ 3,000,000Undesignated $ 0 $ 1,582,341

Budget Cuts• DO Administrative Support• Charge for Athletic Transportation• Custodial & Clerical Reductions 03/04• Eliminate Study Skills Program• Restructure VP’s• Reduce Ed Services Lottery allotment• Restructure Ed Services• Eliminate Custodial Growth allotment• Kindergarten Option 2 CSR• Energy Savings• Reduce Site Block Allocations 5%• Reduce Time Sheeting 5%• Postage Reduction • Cities to Operate Acorn League• Eliminate Buy Back Day Encroachment• Transportation Restructure (point to point/staggered starts)• Increase Class Size at the High School

Budget Adds• Growth Staffing

– Teachers 17.9 FTE– Support Staff 17.15625 FTE

• Transition Staffing– Principal Veritas– Custodial Veritas– Clerical Veritas

• Step and Column Increases• Insurance Cost Increases

– Liability– Workers Comp – Unemployment– Alternative Retirement

• Recruiting Budget• Facility Start-up Equipment (lottery)• Reclass

Budget Cautions• Governor hasn’t signed the Budget• Staffing Projections Tight• Special Needs• Unexpected Issues• Salary Increases

Actions• Until the Governor signs a budget

this could all change!• Adopt June 29th• Wait and see – 45 Day Revise

– Then act on Budget Adds and undesignated balance