Proposed Budget June 10, 2004

Outline Enrollment Budget – Summary Cuts Adds Actions

Enrollment Growth – 1,266 ADA P-2P , ,8861,266 Enrollment = ~23,445 ADA = Average Daily Attendance

Budget Summary Beginning Balance$ 11,246,094$ 6,650,608 Revenue$ 131,783,776$142,915,881 Expenses$ 136,379,262$138,471,212 Balance$ 6,650,608$ 11,095,277 Reserve$ 4,091,378$ 4,149,186 Revolving$ 13,750$ 13,750 Stores$ 150,000$ 150,000 Lottery $ 900,000$ 2,200,000 Res. Carryover$ 1,372,480$ 3,000,000 Undesignated$ 0$ 1,582,341

Budget Cuts DO Administrative Support Charge for Athletic Transportation Custodial & Clerical Reductions 03/04 Eliminate Study Skills Program Restructure VP’s Reduce Ed Services Lottery allotment Restructure Ed Services Eliminate Custodial Growth allotment Kindergarten Option 2 CSR Energy Savings Reduce Site Block Allocations 5% Reduce Time Sheeting 5% Postage Reduction Cities to Operate Acorn League Eliminate Buy Back Day Encroachment Transportation Restructure (point to point/staggered starts) Increase Class Size at the High School

Budget Adds Growth Staffing –Teachers 17.9 FTE –Support Staff FTE Transition Staffing –Principal Veritas –Custodial Veritas –Clerical Veritas Step and Column Increases Insurance Cost Increases –Liability –Workers Comp –Unemployment –Alternative Retirement Recruiting Budget Facility Start-up Equipment (lottery) Reclass

Budget Cautions Governor hasn’t signed the Budget Staffing Projections Tight Special Needs Unexpected Issues Salary Increases

Actions Until the Governor signs a budget this could all change! Adopt June 29th Wait and see – 45 Day Revise –Then act on Budget Adds and undesignated balance