Budget Town Hall Meeting MAY 12, 2015 STAN ROUNDS SUPERINTENDENT OF SCHOOLS

Budget Summary Fund Type Total Resources Capital Outlay $ 58,699,710 Debt Service28,716,082 Federal/Grant Funds33,318,117 General Fund194,767,377 Other Resources20,500,828 Total$ 336,002,114 * Total Resources from FY 15 2

Proposed Budget Operational Resources Total Resources 2014/152015/16Change Beginning Cash $ 8,281,348 $ 3,246,418 $ (5,034,930) State Equalization Guarantee $ 177,055,834 $ 179,879,429 $ 2,823,595 Other Revenue $ 2,850,514 $ 2,368,884 $ (481,630) Total Resources $ 188,187,696 $ 185,494,731 $ (2,692,965) Estimated Expenditures $ (184,941,278) $ (185,494,731) Estimated Cash Balance $ 3,246,418 $ - 3

Operational Resources Cash Balance 4

Cash Balance (District “Savings”) 5

Budget Reconciliation How much do we need to cut? Decrease in Cash Balance$ 5,035,000 Known Increase in Costs: Increase in Medical Cost (4%) 549,619 Increase in risk insurance 809,600 Increase in utilities 680,000 Transportation600,000 Budget cuts necessary to balance budget$ 7,674,219 6

Budget Choices Bucket Choices Selected Teaching Staff to right size$ 2,400,000 Reduce an additional teacher at each elem1,200,0000 Furlough 3 days ($700K per day)2,100,000 Central Office staff cuts500,000 High School - Reduce another 10 teachers600,0000 Transportation300, Assistant Principals Elementary AP #1 - Combine Elem AP w/ IS600,0000 Or #2 Adopt APS Principal Staffing Model1,300,0000 Or #3 Reduce Elem Principals in Schools with enrollment less than 550 (6) (5)335,000 Secondary AP High School <1600 (2)200,000 Mid School <750 (2)200,000 Reduce 1 Educational Assistant at Each Building (40) (10)1,400,000350,000 Custodians 20500,0000 More Choices Selected Round down (7 teaching positions)420,0000 Fleet Replacement Fund141,200 LEAP350,000 Lunch Monitors (1/2)250,000 School Resource Officers (Mid Schools)300,0000 Return To Work400,000200,000 Operational IS (2)150,000 Transportation200,000 Total Deductions $13,646,200$7,676,200 7

Administration Reductions (Central Office) Position TypeDepartmentDescriptionFTE Salary & Benefit Costs ADMINISTRATORAssessment and ResearchCOORDINATOR1$ 91,400 ADMINISTRATORInstructionCOORDINATOR1 91,400 ADMINISTRATORLEAPPRINCIPAL - ASST0.5 52,970 ADMINISTRATORRio Grande Preparatory InstitutePRINCIPAL - ASST0.5 52,970 ADMINISTRATORSuperintendentWEBMASTER1 71,880 ADMINISTRATORSuperintendentCOORDINATOR1 64,560 PROFESSIONALInformation OperationsDISTRICT REGISTRAR1 59,680 SECRETARY CLERICALFinanceSEC-CLER III1 32,840 SECRETARY CLERICALSuperintendentSEC-CLER III1 46,260 SPECIALISTInstructionFACILITATOR1 79,200 TECHInformation TechnologyTECH II1 35,280 TECHInformation TechnologyTECH II1 35,280 TECHSuperintendentTECH III1 64,560 Additional Cuts and Reorganization Cost Reductions 3 412,197 Total Central Office Reduction 15$ 1,190,477 8

Operational Budget Comparison Function15-Adopted16 - Proposed$ Change% Change Admin/Supt 2,152,382 1,696,770 (455,612)-21.2% Central Srvcs 5,682,889 5,351,387 (331,502)-5.8% Instruction 117,385, ,993,891 (1,391,198)-1.2% Maint of Plant 23,316,12224,859,392 1,543,2706.6% Other 1,531, ,011 (829,610)-54.2% School Admin 13,304,703 12,171,101 (1,133,602)-8.5% Student Support 24,046,324 24,031,217 (15,107)-0.1% Transportation 975,399688,962(286,437)-29.4% Total 188,394, ,494,731 9

Operational Budget Comparison Employees 15-Initial Budget16 - ProposedChange% Change Admin/Supt (4.25)-34.7% Central Srvcs (3.00)-3.9% Instruction1, , (55.24)-2.9% Maint of Plant (2.00)-0.7% Other (3.00)-42.9% School Admin (10.29)-5.0% Stdnt Suppt % Transportation % Total 2, , (76.38)-2.7% 10

Proposed Operational Budget Final Look Budget Comparison Fy 14/15FY 15/16 SEG $ 177,055,834 $ 179,879,429 Salary/Benefit Budget 164,433, ,678,445 % of SEG92.9%89.3% % of Operational Resources87.7%86.6% 11

Next Steps Board of Education  School Board Takes Action on Budget – May 26, 2015  Budget Sent to Public Education Department – May 29, 2015  Budget Effective July 1, 2015 through June 30,

Q & AQ & A   Questions from the Audience 13