RAS ISD 623 Budget Preview 2015-16

Report
Budget Development
2015-16
ROSEVILLE AREA SCHOOLS
Estimated General Fund Balances
2014-2015
Audited
Balance June
30, 2014
General Fund
Unassigned Fund Balance
Revised
Revenue
2014-2015
2,704,377
2,704,377
$
Nonspendable (Inventories & Prepaid)
$
231,631
$
Restricted for:
Staff Development
Compensatory Ed & LEP
Learning & Development
Gifted and Talented
School Safety
Health & Safety
Operating Capital
Subtotal, Restricted
$
$
$
$
$
$
$
$
(251,126)
243,764
(7,362)
$
$
$
$
$
$
$
$
973,271
7,211,316
1,678,624
106,761
365,323
2,269,857
12,605,151
$
$
$
$
$
$
$
$
973,271
7,211,316
1,678,624
106,761
365,323
437,500
2,611,550
13,384,345
$
$
$
$
$
$
$
$
(437,500)
(341,693)
(779,193)
Total, General Fund
$
$
93,071,839
$
94,827,182
$
(1,755,343) $
-
$
$
81,442,837
Revenue
Excess/(Deficit)
Estimated
Over Expenses Balance June 30
$
$
2,928,646
80,466,688
Revised
Expenditures
2014-2015
-
$
(976,150) $
$
$
-
1,728,227
1,728,227
$
231,631
$
$
$
$
$
$
$
$
(688,626)
(97,929)
(786,555)
1,173,303
Roseville Area Schools
Budget Reduction Options for 2015-16
Option
Fund Balance
July 1 2015
Estimated
Revenue
Estimated
Expenditures
Recommende Fund Balance
d Reductions June 30 2016
Target
Expenditures
Option "A"
$1,959,858.00 $91,950,000.00 $94,500,000.00 $2,550,000.00 $1,959,858.00 $91,950,000.00
Option "B"
$1,959,858.00 $91,950,000.00 $94,500,000.00 $3,350,000.00 $2,759,858.00 $91,150,000.00
Option "C"
$1,959,858.00 $91,950,000.00 $94,500,000.00 $3,100,000.00 $2,509,858.00 $91,400,000.00
Option "D"
$1,959,858.00 $91,950,000.00 $94,500,000.00 $3,500,000.00 $2,909,858.00 $91,000,000.00
Option "E"
$1,959,858.00 $91,950,000.00 $94,500,000.00 $3,600,000.00 $3,009,858.00 $90,900,000.00
Recommendation for the 2015-16 General Fund Budget is Option "C"
Suggested Areas
• Increase in revenue sources
• Enrollment changes
• Increase in per pupil funding
• Changes to legislative mandates
• Increase in categorical funding ( i.e. LEP)
Proposed Expenditure Adjustments
• Districtwide Administration
$255,000
• Extracurricular Activities/Athletics
$ 50,000
• Fine Arts
$ 13,000
• Technology
$105,000
• Clerical Support
$110,000
• Buildings & Grounds
$ 45,000
Proposed Expenditure Adjustments
(Contd.)
• Paraprofessionals
$100,000
• Class Size Adjustment
$880,000
• Staff Retirements
$200,000
• Transportation
$ 40,000
• Contracted Services
$ 30,000
• Travel
$ 50,000
Proposed Expenditure Adjustments
(Contd.)
• Food Service Chargeback
$ 45,000
• Curriculum Development
$ 10,000
• Special Education Services
$445,000
• Utility Costs
$ 20,000
• Review Negotiations Parameters
$250,000
• Professional Development Costs
$ 75,000
Proposed Expenditure Adjustments
(Contd.)
• Restructuring of EMID Collaborative
$175,000
• Reading Recovery
$ 110,000
• Copying Costs
$ 42,000
• ATPPS
$ 34,000
• Supply Budgets
$ 14,000
• Postage Costs
$
TOTAL PROPOSED ADJUSTMENTS
2,000
$3,100,000
Budget Timeline
January 27, 2015
January 27, 2015
February 3, 2015
February 4–23, 2015
February 5, 2015
February 17, 2015
February 24, 2015
February 26, 2015
March 24, 2015
April 28, 2015
May 26, 2015
June 23, 2015
Mid-year 2014-15 budget approval
School Board approves preliminary budget
assumptions and timeline for 2015-16
District Leadership Team Budget Meeting
Building Budget Meetings
Budget update at Principals meeting
Public Hearing to review preliminary budget
projections/targets
Proposed recommended budget enhancements
and adjustments presented to School Board
Staffing allocations set for 2015-16
Budget update to School Board
Update the School Board on Budget
development
District will hold a public hearing to share the
2015-16 DRAFT general fund budget and collect
any public comment
School Board formally adopts 2015-16 Budget
Feedback Opportunities
• Other areas not considered?
• Questions?
• Future Meetings
– Building staff meetings in February
– Public hearing on February 17, 2015
– Regular Updates to Board through final budget adoption on 6/23/15

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