Building a Sustainable Future for Our Children

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School Boards Adopted Budget FY 2011. Building a Sustainable Future for Our Children. April 29, 2010. Revenue Changes. Revenue FY 2011 Superintendents Proposed Budget $442,106,991 Changes: State Revenue All Funds $(2,226,463) Local Revenue $(106,250) - PowerPoint PPT Presentation

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  • Building a Sustainable Future for Our Children

    April 29, 2010School Boards Adopted Budget FY 2011

  • *Revenue Changes

    RevenueFY 2011 Superintendents 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

  • *Expenditure Changes

    ExpendituresFY 2011 Superintendents 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)

  • * Expenditure Changes

    Expenditures

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

  • * Expenditure Changes

    Expenditures

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

  • * Expenditure Changes

    Expenditures

    Additions (continued):Additional OPEB funding $1,733,078Cafeteria Fund $885Grants & Restricted Programs Fund$830,000Reserve for OPEB and VRS$9,210,015Total Additions$14,699,947

    FY 2011 School Board Proposed Budget$439,774,278

  • *Revenue Changes

    RevenueFY 2011 School Board Proposed Budget $439,774,278

    Changes:County Transfer$1,622,274State Revenue Grant Fund $(178,114)Federal Revenue Grant Fund$815,342Local Revenue Grant Fund$(4,397)

    FY 2011 School Board Adopted Budget $442,029,383

  • * Expenditure Changes

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

    FY 2011 School Board Adopted Budget$442,029,383

  • * Budget by Fund

    School Operating Fund$358,289,643Community Activities Fund$13,753,819Cafeteria Fund$6,641,223Capital Projects Fund$4,641,371Comprehensive Services Act Fund$3,650,000Grants & Restricted Programs Fund$18,914,227Debt Service Fund$36,139,100FY 2011 SB Adopted Budget$442,029,383

    Less Reserve for OPEB and VRS$(10,537,239)

    FY 2011 Planned Expenditures$431,492,144

  • Cost per PupilBased on FY 2011 Planned Expenditures

  • ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 2010THE 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:

  • ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 2010The 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.

  • ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 20104.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.

  • ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 20107.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.

  • Building a Sustainable Future for Our Children

    April 29, 2010School Boards Adopted Budget FY 2011

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