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Finance Update 12-1-2015. Mid-year Budget Update.

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Presentation on theme: "Finance Update 12-1-2015. Mid-year Budget Update."— Presentation transcript:

1 Finance Update 12-1-2015

2 Mid-year Budget Update

3 Inflation Funding Settlement  May 17 th, 2016 Special Election

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5 What does this mean for Sedona? $ 250,415  During the past years that the state didn’t honor inflation funding, the SOCJUSD salary schedules were frozen.  If the settlement is approved, 100% of the inflation funding owed Sedona Oak Creek will be earmarked for staff pay increases on the salary schedule.  I encourage our staff and Governing Board to become familiar with the details of the settlement, they can be found on ASBA’s website.

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10 Questions ?


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