1. Final Exam: Part Two Christopher Michele University of New England EDU 709

2. School Budget Process To begin the budget process for school year of 2014-15 in the months of November – December of 2013-2014 school year. District begins meetings and forms preliminary budget templates months in advance of year school year. During the beginning months of the January, 2014, the district creates a template and has guidelines to this template relating to budget development. The template includes things like what can be eliminated to programs already in the budget, what programs can be eliminated as a whole, new programs added to the budget, what savings can be made throughout each programs, and most important as a teachers standpoint the estimations of the teachers’ salaries/ benefits and their increases.

3. School Budget Process Continues February, with the revenue and expense projections in hand. Each individual school principal of the district showing enrollment and revenue allocations. February- April the process of the budget continues with the principals received their budget totals for their school and they put together their preliminary budget for the following school year. April the state review comes back with their numbers. The budget is then finalized and voted in by late June of 2014 for the upcoming school budget year of 2014-2015. This annual budget includes a strategic long-term budget. The board must formally adopt a budget each year and it should monitor the actual financial results as compared to the projected budget on a regular basis – ideally, monthly but, at a minimum, quarterly.

4. School Budget I have created a budget which involves the following school year at in my district. I have taken numbers that were used in recent years of my budget and cleared my own. Most of my numbers were created by using this years 2014-2015 school budget. What I felt necessary for the budget was what I used. The following information is based on a budget that ends with a positive total. I felt that if I were in this position and we had money to use for the district I used. I may have put the money towards the teachers and what benefited them, but this is only the start of new era for my school district.

5. School Budget Total students in the district of the 2014- 2015 : 3,740 Total students in the district of the 2015-2016 : 3,817

6. School Budget As seen in Part I of the Budget I have eliminated a few positions as well as elimination others completely. In 2014-2015 44% of the budget went to: Regular Programs- 14,084,426 Special Education -2,762,954 Basic Skills-1,195,862 Bilingual Education-929,000 Speech- 1,087,120 Guidance- 1,020,294 Child Study Team- 1,432,008 Administrative- 4,095,167.

7. School Budget In 2015-2016 the district 48% of the budget will be going to budget. After removing some positions and adding others the numbers come to: Regular Programs- 14,640,986 Special Education-2,355,078 Basic Skills-1,137,387 Bilingual Education-924,983 Speech-1,198,446 Guidance-1,066,674 Child Study Team-1,338,354 Administrative-3,800,515

8. Comparison chart from 2014-2015 to 2015-2016: Column 1:2014-2015 Column 2: 2015-2016

9. School Budget In order for this budget to work and be in a savings of 3% the following positions have been reduced: PositionFromTo$$ Special Ed 2,762,9542,355,078-407,876 Basic Skills1,195,8621,137,387-58,475 Billingual Ed929,000924,983-4,017 Child Study Teams1,432,0081,338,354-93,654 Support Serv. Gen. Administrative 4,095,1673,800,515-294,652 Support Serv School Admin 3,167,0732,725,095-441,978 Saving$1,300,652

10. School Budget Series 1=2014/15 Series 2=2015/16 Total Budget cut= $837,687/1.9%

11. School Budget By removing positions in these areas, this allowed the district to add towards others positions such mainstream teachers, speech, and guidance. Also maintenance and food services as well.

12. School Budget With all these components being eliminated or reduced the total amount of money being used towards the teachers benefits is astronomical. Because of the cuts being concentrated by in areas like administration (-294,652)Support Services for School Administration (-441,978),Special Ed (407,876) the teachers benefits went from $9,534,955 to $9,897,144 which is almost a 4% increase.

13. School Budget The total budget went from 59,140,678 in 2014/15 to 54,290,367 in 2015/16 leaving the district in a +3%!!! The following slides will bring you up to date on why the district has made such a positive number for the upcoming year.

14. School Budget Through the process of building this budget for my district I know this would be a rough draft towards the finish. I feel that because of the numbers being reduced so much, I can find a better place to remove positions, especially with the special education program. I feel that other areas should have been concentrating on to be reduced. I would really anticipate to have the benefits one day come the way my numbers were but in order for that to w0rk in my defense areas have to be eliminated as I did in this budget. I have taken a whole new seriousness towards my profession because of this class. I realized how important and responsible you must be in order to be in a position like the School Finance Coordinator. This is a serious position because millions of dollars is at stake. You must be spot on with all calculations. Although my numbers may be incorrect, not exact, for this assignment, I know if I ever get this position my numbers must be perfect. Because of this course that is my goal to be perfect when it comes to all calculations.