Harvard Public Schools Harvard Public School Finances Quarterly Update: Q1 FY05 Presented by School Committee: Mark Hardy Sharon McCarthy, Chair Will Verbits Willie Wickman Paul Wormser

Harvard Public Schools 2 The FY05 Budget As presented to Town Meeting, March, 2004

Harvard Public Schools 3 The FY05 Budget Revised per Line Items

Harvard Public Schools 4 Expense Budget Changes: Highlights CentralBus fee reduction in collection (-$10k; expense remains the same); 25k Superintendent search MaintNo change in maintenance total, reallocation of "other revenue" to utility costs HESIncreased reading aides, added copyroom aide, decreased Admin curriculum coordinator moved to CORE. BromDecrease in School Choice revenue, increase foreign language (0.4 FTE), music (0.2 FTE), English (0.2 FTE), copy room aide added (per HTA contract). New staff hired for less than original budget. Sp. Ed.SPED grant increase, Circuit Breaker increase, less students Out of District Tech.Negotiated salary ommission

Harvard Public Schools 5 Omnibus Allocation: Sept. Update

Harvard Public Schools 6 Revenue Allocation: Sept. Update

Harvard Public Schools 7 Overall Programs: Sept. Update (no IPS)

Harvard Public Schools 8 Integrated Pre-School Program endorsed –by Selectmen, April 2004 –By FinCom, June 2004

Harvard Public Schools 9 Net Impact with Pre-School

Harvard Public Schools 10 Summary Changes since Town Meeting have been favorable and unfavorable –Net change is ~130k favorable School Committee has applied the full surplus to cover 55% of the Integrated Pre-School –School Committee requests $102k additional funding