Education Fund Deficit Education Fund Deficit 2009-20102009-2010

Washington GSD #52Washington GSD #52

September 2009September 2009

General InformationGeneral Information

Education Fund proposed deficit -$965,000Education Fund proposed deficit -$965,000 Education Fund had a Fund Balance at the Education Fund had a Fund Balance at the

beginning of 2009-10 of $2,960,000.beginning of 2009-10 of $2,960,000. Education Fund was $269,000 in deficit for the Education Fund was $269,000 in deficit for the

2008-09 SY.2008-09 SY. Purpose of the analysis is to determine Purpose of the analysis is to determine

One Time ExpendituresOne Time Expenditures On Going ExpendituresOn Going Expenditures

Analysis is an estimate. Analysis is an estimate.

One Time ExpendituresOne Time Expenditures

Deficit from Previous Yr. 50,000

WMS Laptops 205,000

Cushion 75,000

Substitutes (potential H1N1) 25,000

Unemployment 32,000

TRS Penalty 38,000

Total 425,000

On Going ExpendituresOn Going Expenditures

Deficit Previous Yr. (2008 raise) 208,000

Salary&Benefit (2009 raise) 200,000

PurServ/Supplies 120,000

Hearing and Vision 12,000

Total 540,000

OverviewOverview

Ongoing One Time

Deficit from Previous Yr. 208,000 50,000 258,000

S&B Increase 200,000 - 200,000

WMS Laptops - 205,000 205,000

PS/S Budget Increase 120,000 - 120,000

Cushion - 75,000 75,000

Hearing and Vision 12,000 12,000

Substitutes (potential H1N1) - 25,000 25,000

Unemployment - 32,000 32,000

TRS Penalty - 38,000 38,000

Total 540,000 425,000 965,000

Working Together / Achieving Excellence

Working Together / Achieving Excellence