1. 1 Proposed Budget for Adoption Fiscal Year 2013-2014 Michael E. Finn, CFO

2. Fund 071 (SEI)has been updated to $526,261 reflecting the most recent information Change is highlighted in yellow on page 6 2 Changes from the Proposed Budget

3. 3 Maintenance and Operations Total M&O Budget $ 185,599,688 Legislation no longer allows inclusion of ADK Group B Weight for override calculation Includes 1.8% increase to base level ($2.77M) Includes $1.2M moved from DAA Weighted Student Count 46,534.631 Increase of 178.82 from 2013 May revised budget (69.59 actual student count difference) Numbers may change as District reconciles numbers with State

4. 4 Other Funds DAA (replaces CORL & Soft Capital) $ 6,886,830 DAA generated from ADM = $17,184,516 (without BBCF) DAA reduction estimate = 10,341,039.16 ADE estimates reductions of $295 per weighted student count Number will change with final reduction amounts given after 100 th day $1.2M moved to M&O Adjacent Ways $ 2,554,807 No new levy in 2013-14 year Building Renewal $ 0 Funding available via grant only Bond $ 62,719,423 Includes planned FY14 expenditure amounts from 2002 and 2005 and 2012 bonds

5. 5 Other Funds Current Cash Funds (Tax Credit / Auxiliary / Etc.) $ 12,200,000 Food Service $ 12,650,000 Debt Service $ 24,834,813

6. 6 Prop Funds Classroom Site Fund Fund 011 – Projected New Funds$ 2,605,086 Available Carryover Funds$ 0 Fund 012 – Projected New Funds$ 5,210,171 Available Carryover Funds$ 0 Fund 013 – Projected New Funds$ 5,210,171 Available Carryover Funds$ 0 Menu Items (Normally 30%)Suspended Instructional Improvement Fund 021 – Used for Teacher Compensation$ 1,050,000 Fund 022 – Used for Instructional Improvement Programs $ 905,000

7. 7 Questions