1. General Operating Budget 2015-2016 1st Quarter Financial Update
Presentation to the Special Administrative Board
Angie Banks, Chief Financial Officer
November 19, 2015

2. Budget Objectives Establish Full Accreditation
Align resources to support the District’s Transformation Plan Objectives
Operate a system of excellent school options for all students
Cultivate and sustain transformational teachers & leaders
All students read their way to college & career success
Partnerships support the whole child
Build financial stability with 10% fund balance target per board policy
Reinforce a culture of high expectations and accountability
St. Louis Public Schools
4/30/2019

3. FY GOB Quarter#1
4/30/2019

4. FY2015-16 GOB Year-End Projection
FY FY FY
Amended Approved QTR1 Projection
Revenues $294.8M $285.6M $285.6M
Expenditures $301.7M $287.0M $287.0M
Surplus/(Deficit) ($7.0M) ($1.4M) ($1.4M)
Ending Fund $20.0M $18.6M $18.6M
Balance
St. Louis Public Schools
4/30/2019

5. FY2015-16 Considerations Risks Opportunities Repairs & Maintenance
Building Sales
Staffing/Vacancies
Risks
Opportunities
St. Louis Public Schools
4/30/2019

6. Questions?
St. Louis Public Schools
4/30/2019