1. Fauquier County Public Schools
FY 2015 Budget Challenges
Fauquier County Public Schools
Excellence by Design

2. Budget Goals & Considerations
Safety and security
Improve compensation and benefits
Promote 21st century teaching and learning
Support for advanced/GT studies program
Comprehensive facilities and growth planning, including technology
Enhance after school programs
Transportation
Excellence by Design

3. Revenue Challenges Governor’s budget $300,000 less direct aid
Composite index (local ability to pay) change
From to = $1.5 million
Federal revenue not projected to rebound from sequestration cuts
Local funding increased in FY 2014 $1.5 million
Excellence by Design

4. Expenditure Challenges
Benefit Increases
Requests Received
Compensation
Excellence by Design

5. $2.7 million Benefit Increases VRS increase (2.84%) $1.95 million
11.66% to 14.5%
Health insurance increase (5%) $620,000
Other benefit increases $100,000
$2.7 million
Excellence by Design

6. $7.2 million Requests Received Principals – 51 positions
Technology second highest priority
Not including operational requests
$7.2 million
Excellence by Design

7. Compensation Working to develop a multi-year compensation plan
Salary scales (1% = $1 million)
Supplements
Miscellaneous pays
Bi-weekly pay plan
Excellence by Design

8. How do we begin to address budget goals?
Budget Challenges
FY2015 ‘heavier’ in requests
To do tomorrow what we do today $1.7 m
How do we begin to address budget goals?
Excellence by Design

9. FY 2015 Budget Calendar Budget Development Getting from A to B Apr Oct
School Board Receives
Budget calendar (10/15)
10-Year enrollment projections (10/28)
Administration
Gathers input from stakeholders
Compiles data
Begins developing proposals
Debt CIP to Building Committee
Getting from A to B
Budgeting 101 presentation (2/3)
Budget work session (2/10)
Budget public hearing (2/24)
County Admin’s budget (2/27)
Governor’s budget presented (12/20)
School Board reviews Debt CIP
Work sessions as needed
School Board adopts final budget (4/28)
Apr
Oct
Dec
Feb
Nov
Jan
Mar
Adopt Superintendent’s proposed budget (3/10)
Joint SB/BOS mtg (3/13)
BOS public hearing (3/20)
Adoption of County’s budget and tax rates (3/27)
Work sessions as needed
Pre-Budget Public Hearing (11/25)
School Board receives Debt CIP (11/25)
Administration
Prioritizes all needs/requests
Completes all cost analysis
Begins developing budget in conformance with goals
Debt CIP adopted (1/6)
Budget Challenges (1/13)
Budget presented to School Board (1/27)
Excellence by Design