Posted: Monday, May 13, 2013

Proposed 2013-14 General Fund Budget – First Reading

Key Points

  • Projected State Base Student Cost is $2,101 (close to 2001-02 funding level).  The Base Student Cost for Greenville County Schools is $1,534 based on the State Index of Taxpaying Ability.
  • Proposed budget is balanced using $10.7 million from the Fund Balance (generated savings) and a 3-mill tax increase (businesses, rental homes, cars) of the 10.86 mills allowed by State law.  Owner-occupied homes are not impacted.
  • Millage increase and generated savings are needed to fund State and Federal mandates and Local requirements due to growth and inflation.  Millage increase continues five-year strategy to decrease dependence on Fund Balance to pay for recurring costs.
  • Teachers receive a salary step increase and, those eligible, receive an increase for certificate upgrade.  Teachers at top of salary schedule and ALL other employees receive a 2% salary increase.  Salary increase of 2% partially offsets 1.8% inflation rate and .5% increase in employees’ contributions to state retirement.
  • Funding included for teachers and other staff for student growth, Security Patrols and safety staff development, District’s contribution to State Employees Health Plan, two technology positions, and staff for Dr. Phinnize J. Fisher Middle to prepare for 2014 opening.

Budgeted Expenditures for FY 13

$468,231,000

Federal Mandated Expenditures for FY 14 - $185,000

Goal 2:  Ensure Quality Personnel in All Positions
Affordable Care Act (Impact on Temporary Employees) $185,000

State Mandated Expenditures for FY 14 - $6,169,000

Goal 2:  Ensure Quality Personnel in All Positions
  • Teacher Step/Salary Increases   
  • Teacher Certificate Upgrades   
  • State Health Employer Portion Insurance Increase (Effective Jan. 1, 2013)

$3,857,000
800,000
1,512,000

Local Required Expenditures for FY 14 - $9,010,000

Goal 1:   Raise the Academic Challenge and Performance of Each Student
  • Increases Associated with Student Growth (Teachers, Other School Staff, Etc.)   
  • Increase of School and Department Copier Costs   

$3,850,000
382,000

Goal 2:  Ensure Quality Personnel in All Positions

  • Increase in Local Portion of the Teacher Salary Schedule   
  • 2% Cost of Living Increase for Support Salary Schedules   
  • Classroom Promethean Support Technician   
  • School Wireless Support Specialist   
1,446,000
2,169,000
61,000
61,000

Goal 3:  Provide a School Environment Supportive of Learning

  • Dr. Phinnize J. Fisher Middle School (Staffing to Prepare for School Opening)
  • Security Enhancement (Security Patrols and Staff Development)
291,000
750,000

Reduction of Expenditures for FY 14 – ($367,000)

Goal 4:  Effectively Manage and Further Develop Financial Resources
  • Workers' Compensation Budget     
($367,000)

Total Proposed New Expenditures for FY 14   

Total Proposed Budgeted Expenditures for FY 14   

$14,997,000

$483,228,000

The 2013-14 Proposed General Fund Budget document.  The Board will consider approval of the General Fund Budget on Thursday evening, May 30.


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