1. Albuquerque Public Schools
FY16 Budget
Strategic Look Ahead Update

2. FY16 Strategic Outlook Table of Contents
FY15 Operational Fund Budget Summary
FY15 Approved Budget
Operating Surplus/(Shortfall) Trend
Enrollment and Expenditure Trends
Current SEG Outlook
APS Budget Changes FY15 to FY16
Direct Instruction Expenditure Percentage
Payroll vs. Non-Payroll Expenditures
FTE by Function Comparison
Opportunities and Risks
FY16 Budget Timeline
Next Steps

3. FY15 Operational Fund Budget Summary
A total of $7.6M in new budget priorities were added in FY15:
$1.4M for investments and new initiatives including the K-8 Academy, Sandia IB Program Expansion, Office of Innovation, etc.
$3.5M for unfunded mandates to support increased requirements from PED including additional Assistant Principals and Testing Coordinators for schools.
$2.2M for post recession recovery including school support, social workers, counselors, custodians and other items.
$.5M for compensation and other requests including a tier increase for teachers.
-Budgeted expenditures exceeded budgeted revenues by $5.3M, cash reserves were
used to fill the gap.
-An additional $1.1M in cash reserves was used at the beginning of the fiscal year,
increasing the estimated budget shortfall to $6.4M.

5. OPERATING SURPLUS/(SHORTFALL) TREND
The existing $6.4M shortfall will come off the top of any “new” revenues in FY16 unless we manage current year expenditure levels.

6. Expenditures increased on average 3% annually from FY13 to FY15, while enrollment
has continued to decline at a rate of .7% annually.
Estimated expenditures in FY15 are on track to equal those in FY10 with ~1,200 less
students to sustain the same level of expenditures.

7. Current SEG Outlook
The February consensus revenue estimate is $83M in New State Funding. This would mean an increase of approximately $9.0M to APS.

8. APS BUDGET CHANGES FROM FY15 to FY16

10. FY13-14 Actual Expenditures & FY 15 Budget
EXPENDITURE TYPE ($ MILLIONS) .
FY13 ACTUAL
FY14 ACTUAL
FY15 BUDGET
SALARY $ $ $
BENEFITS
131.4
146.8
155.8
TOTAL PAYROLL
538.8
89.9%
560.8
90.4%
592.0
90.5%
NON-PAYROLL
60.8
10.1%
59.8
9.6%
62.1
9.5%
GRAND TOTAL $ $ $
Between 89-91% of all Operational Expenditures are Personnel costs alone.

11. FTE BY FUNCTION COMPARISON

12. Opportunities and Risks

13. Important Items of note:
3/1 Academic Master Plan Deadline 4/10 Legislation Not Enacted by Gov is Pocket Vetoed
3/9 Community Budget Meetings 5/19 Finance & Board Presentation for Approval
3/20 Budget Call Prep Schools & Departments 6/5 FY16 Budget Due to PED
3/21 Governor’s Action on Legislation 6/15 Tentative Technical Review with PED
4/9 Unit Value Communicated to School Districts

14. Next Steps:
Determine Board priorities