Upload
devin-hutchinson
View
219
Download
2
Tags:
Embed Size (px)
Citation preview
Superintendent’s Recommended Budget: FY 2012-13
Rockingham County Public Schools
March 21, 2012
Superintendent’s Recommended Budget: FY 2012-13
Rockingham County Public Schools
March 21, 2012
2012-2013 RCPS Budget Timeline To Date
Oct, 2011 Budget process begun
Jan 10, 2012 Public hearing at CRES
Jan 23, 2012 Board reviewed all expenditure requests
Feb 13, 2012 Board reviewed Governor’s budget
Feb 27, 2012 Governor, Senate & House budgets
Mar 12, 2012 Budget Priorities Discussed
Mar 21, 2012 Superintendent’s Recommended Budget
Mar 26, 2012 Public Hearing at DLC
Mar 28, 2012 Anticipated Board action on budget
Expenditure Highlights
Rate Increases Set by State $3,624,000oVRS (unfunded retirement)oGroup LifeoRetiree Health Care Credit
Employee Portion of Group Life $447,537o Being picked up by RCPS
Expenditure Highlights (continued)
VRS “5 for 5” Shift (Plan 1 Employees) $578,930o From VRS line to salary lineo Increased expense to RCPS
VRS Hold Harmless (Plan 1 Employees) $485,260o Increased employee FICA on 5% adjustment
in salary
Expenditure Highlights (continued)
Health Insurance
$900,000
o October 1 annual renewalo Anticipated 5% Anthem Renewal increaseo We will commit our efforts to keep any increases to a
minimum; employer and employee expected to experience an increased cost next year
Expenditure Highlights (continued)
Instructional Needs $241,000o SPED Tuition for Regional Program
•Textbooks (Fund 203)o (Consumables K-12, 3rd Grade Math)
$600,000
Expenditure Highlights (continued)
New Personnelo School Resource Officer $46,000oElem/Middle/High FTE’s due $354,000 to changes in course offerings
and enrollment shifts
Total $400,000
Expenditure Highlights (continued)
1.5% “Average” Raiseo School Board may elect to “fix” certain job
categories in need of additional compensation
Total Cost
$1,215,000
Expenditure Reductions
Supplemental Retirement Program $200,000
Transportation $50,000
Maintenance $50,000
Food Service $96,000o Transfer of Funding Source for Food Service Expense
Technology (2 positions - attrition) $100,000
Additional Reductions TBD $140,000
TOTAL $636,000
Revenue Highlights – StateBased on House Version
No General Assembly Approved Budget
Overall State Funding Down $153,459
Contributing Factors:o Decreased ADM (11,350 -> 11,203)o Increased Composite Index (34.89 -> 36.75)
Revenue Highlights - Federal
Title II Part A Decrease $168,000
Title II Part D Eliminated $12,500
Federal Jobs Bill Revenue $2,526,000
Revenue Highlights - Local
FY 2013 Allocation Request $52,551,609o Operating Fund
Increase for operating fund $7,328,679
Textbook Fund – 203 Request $600,000
Overall Request $7,928,679
The Good News in this Proposed Budget
Provides the 5% adjustment upfront allowing employees to pay the required 5% VRS (Plan 1 employees)
Increases the employee's contracted salary 5%, a future investment (Plan 1 employees)
Ensures the employee is "held harmless" with no costs assumed by the employee for the adjustment
Provides a 1.5% "average" salary increase for most contracted employees
Keeps support for instruction and the classroom a priority
2012-13 RCPS Budget Process Timeline Continues
March 26, 2012 Second Public Hearing
Dayton Learning Center, 7:00 PM
March 28, 2012 Anticipated School Board
Action on FY 2012-13 Budget
School Board Office, 5:00 PM
Information available: Superintendent’s OfficeDr. Carol Fenn564-3230
Rockingham County Public Schools--
Where Excellence is Commonplace
Rockingham County Public Schools--
Where Excellence is Commonplace