Franklin County Schools Budget Work Session February 13, 2017 Franklin County Schools

2016-2017 Budget at a Glance State Funds Federal Funds Local Funds (excludes EC & CTE) Local Funds $52,243,717 $2,536,357 $16,189,312

2016-2017 vs 2017-2018 Budget Assumptions: -HB 13 ...Impact between 8 to 18 teaching positions -Average Daily Membership (ADM) -Unknown surprises from our legislators (Teacher assistant fundings, etc.)

State Funds Allocation Approximately 94% of State Funds are consumed by personnel. The remaining 6% is obligated with the following big ticket items:

State Funds Allocation Continues... Technology $330,126 (10%) EC $376,106 (11%) SRO Grant $150,976 (4%) Early College $189,538 (6%) Transportation $749,100 (22%) Classroom Supplies/Materials Adj. for Xfers from Textbooks $439,442 (13%) At Risk $573,000 (17%) Textbooks: Adj. for Xters to classroom Supplies $166,605 (5%) Remaining funds is PRC specific and not available for discretionary use. $387,194 (12%) Total of General Expenditures $3,363,087 (100%) of the six percent

Federal Funds Allocation Title I: $2,156,117 Set-Asides Costs Administrative (12% max.) $258,734.04 PD for Title I Schools $50,000 Parent involvement $21,561.17 Homeless $25,000 PreKindergarten $160,000 District-wide initiatives $315,000 Total Set -aside $830,295.21 Schools’ Allocation $1,325,821.79 Per pupil allocation $322.11

Federal Funds Allocation Continues... Title I: Carryover use of funds: $522,664 Items Costs 4 school based Instructional Coaches @11 months $300,000 Reading and Math Screener (K-8) $43,942 EOY Enrichment Programs $18,722 Unbudgeted $160,000

Federal Funds Continue... Allocation Title II: Preparing , Training and Recruitment of HQ Teachers and Principals $290,226 Title III: Language Instruction for Limited English Proficient and Immigrant Students $56,656 Title I - Part C: Migrant $33,358 *

Local Funds Allocation Items Allocation Payroll-Related Expenditures $7,232,639 (55%) General Expenditures (Utilities, Charter schools, maintenance, Custodial, Transportation, Technology, contingency, etc) $8,956,673 (45%) Total $16,189,312 (100%)

Our Priorities: To maintain our competitiveness Increase All Principals’ salary by $5,000 (16 Principals x $5,000 = $80,000 plus benefits...Approx: $100,000) Rationale: Our principals’ salaries vary from $55,000 to $75,000 and we need to be competitive with neighboring school systems Granville County Schools Nash-Rocky Mount Schools Johnston County Schools $55,980 - $82,275 $60,000 - $106,123.74 $70,000 - $115,000

Priorities Continue... 2. Increase Teachers’ salary by increasing returning bonus from $500 to $1,000 (600 certified employees x 500 = $300,000) Rationale: Teacher Base Salary Granville County Schools Pay 10% Supplement Nash-Rocky Mount Schools Pay 10% Supplement FCS pay 7% Supplement with $500 returning bonus Franklin County Schools Pay 7% Supplement (with $1,000 returning bonus) $35,000 $38,500 $38,200 $38,700 $40,000 $44,000 $43,300 $43,800 $45,000 $49,500 $48,650 $49,150

Priorities Continue... 3. We have a Fund Balance of $2,800,000 and we allocated $750,000 to meet our budgetary obligation. If this trend continues, we will deplete our fund balance in 3 years. Therefore, it is appropriate to ask county commissioners for an additional $500,000 so that we won’t deplete our fund balance. For the 3 priorities mentioned above: $100,000 + $300,000 + $500,000 = $900,000, in addition to last year’s request.