1. Chariho Regional School District
Superintendent’s
Fiscal Year 2010 Budget
“Moving Forward…in Difficult Economic Times”

2. Impacting this Budget…
Approval of Building Plan
Senate Bill 3050
Lack of Resources from State
Declining Enrollment
Program Improvement

3. Moving Forward… Refrigeration, Air Conditioning and Heating Program
SAT Prep/English
AP Statistics
AP Music Theory
Preparing All Students for Algebra I
Comprehensive Student Assessment System

4. Moving Forward… Ashaway School Roof
Charlestown School Repointing & Well Upgrade
Hope Valley School Exterior Brickwork Repair & Chimney Replacement
Richmond School Water Distribution System & Water Storage Tank
Middle School Lockers

5. …In Difficult Economic Times
Reduction of 3.2 FTE Certified Positions
Reduction of $355,639 in Health Care Premiums
Reduction of $90,575 in Pension Contributions
Reduction of $86,420 in Lease Payments

6. …In Difficult Economic Times
Reduction of $60,654 in Textbook Purchases
Reduction of $95,210 in Special Education Tuitions
Increase of $225,464 in Charter School Tuitions

7. By the Numbers…
General Fund Budget
+$460,761

8. By the Numbers… Capital Reserve Budget
$1,886,500 for Elementary Schools
Total Capital Budget = $2,262,500
Housing Aid = $782,536
Impact on Budget = $1,479,964

9. By the Numbers… Revenue General Aid, Full Day K, Voc. Ac. +218,023
Interest Income -$375,000
CTC Tuitions -$186,544
$2.25 M in Surplus Applied To This Budget

10. By the Numbers… Undesignated Fund Balance Policy 2%-4% Recommend 4%
Hope Valley School
(Brickwork/Structural Study)
No Interest Budgeted for Short Term Borrowing

11. Member Town’s Contribution -.07%
By the Numbers:
Summary
General Fund Budget +.89%
With Revenue…
Member Town’s Contribution -.07%

12. From the Superintendent’s Budget to the School Committee’s Budget…
“I look forward to providing you with the information that you need to craft a final FY 10 Budget.”