Proposed Budget Gadsden Independent School District Preliminary Budget Presentation Presented by: Ron Haugen, Superintendent

Estimated Revenues  State Equalization Guarantee Unit Value Increases to $3, % increase from value revised at $2, Overall increase for Gadsden $5,033,000

Estimated Revenues SEG$74,531$69,497 Other Revenues Net Revenues$75,193$70,263 Cash Balances 2,000 6,568 Net Resources Avail.$77,193$76,799 Note: Cash Balance DECREASE

Other Impacts on Revenue  Increase in Fine Arts Funding  Growth Units increase  Decrease in T&E From to  Decrease in Risk Factor From.113 to.106

Budget Impacts  2% recommended increase for staff  Mandatory floor for Level I and Level II teachers $30,000 minimum (District has met) $35,000 minimum (Employees must meet level or be removed from teaching position)  Slight increase in health benefits

Budget Impacts  Increase in campus staffing due to: New Schools Additional staff for growth.  Increases in staff due to: Audit Recommendations Instructional Recommendations Special Ed Compliance Other Recommendations

Budget Impacts  Increase in increments Athletics – 4% Campus Increments – 2%

Additional Information  Update on May 13, 2004 Board Meeting  Due Date to SDE on May 21