Financial, Business, and Technology Services Update Philip Price, CFO/CIO, NCDPI June 26, 2013

What I Will Discuss Review Some Facts about Public School Funding Status of FY Budget Updates Home Base – Implementation and Cost Update

Just Facts: Comparing FY with FY Classroom Teachers -3,952 (to 95,146) Student Population+16,227 Avg. Teacher Salary-5% Ret. & Hospitalization+29% State Funding -4.1% (to $8.17 billion) How many teachers will $1 million employ? 18

Major ARRA grant expenditures include Title I, IDEA, and Education Jobs.

Starting Budget FY Increase in Students17,132 Decrease in Textbooks$76.5 million ($15.63/ADM) »Should be: $72.78/ADM Decrease in Supplies$38.4 million ($33.57/ADM) »Should be: $62.03/ADM ADM Adjustment $376 million (4.5% of funding)

The Budget Conference Committee has not met –Awaiting reconciliation on tax reform Continuing Resolution approved by both Chambers June 25, 2013 –Continues funding at 95% of FY12-13 levels –Implements reductions not in controversy between Senate and House –Expires July 31, 2013 General Assembly’s goal is to have budget by July 4 holiday Some differences –ADM adjustment- Scholarships –Teacher Assistants- Low Wealth/Small County –Teaching Fellows- NCCAT

Update: School Support School Support Division now Healthy and Safe Schools Support Division $36M available QZAB – contact Ben Matthews or Steven Taynton

Update: School Finance Migration to new Integrated Budget Information System (NC IBIS) on July 1, 2013 Tighter deadlines for FY12-13 closeout –Will begin LEA closeout procedures week of July 1, 2013 –Will submit final closeout reconciliation to OSC/OSBM on July 15, 2103

Update: Licensure Implementation of the new online system anticipated this summer or early fall. No definite date yet. Benefits Apply and pay online Check status of applications online Print copies of your license Update personal information Online access to experience credited Online search / access to educator information

Update: Technology PowerSchool 7.8 released June 25, 2013 –Pearson working to roll out to all LEA instances in time for SY13-14 Home Base –Key components on track to go live July 1, 2013 –Partnership initiative under way New Licensure system will rollout in July 2013 HRMS will be upgraded in near future

Home Base PowerSchool is going live on July 8 Cost of Home Base –Free for FY –Decide by March 31 if you will participate in FY –$4 per ADM if LEA or Charter elects to participate –Paid prior to June 30 or, authorize allotment reduction in FY

Questions?