Budgeted Expenditures for FY 14 |
$485,523,000 |
Federal Mandated Expenditures for FY 15 - $268,000 Goal 2: Ensure Quality Personnel in All Positions Affordable Care Act (Health Care Reform) . |
268,000 |
State Mandated Expenditures for FY 15 - $17,928,000 (*Includes $3,190,000 of Local Required Expenditures for Reduced Class Size included in Students at Risk item.) |
Goal 1: Raise the Academic Challenge and Performance of Each Student High Achieving Students (Replaces State funds moved from EIA to EFA Base Student Cost) |
3,251,000 |
Students at Risk of School Failure (Moved by State from EIA) |
4,988,000 |
Goal 2: Ensure Quality Personnel in All Positions Teacher Step/Salary Increases ($4,198,000 and Certificate Upgrades ($700,000) |
4,898,000 |
State Health Employer Insurance Increase (6.8% Increase Jan. 1, 2014 and 3.9% Increase Jan. 1, 2015) |
2,201,000 |
State Retirement Employer Rate Increase (Effective July 1, 2014) |
2,054,000 |
Goal 4: Effectively Manage and Further Develop Financial Resources Payments to Charter Schools (Reflects reduction due to LEAD charter moving to State). |
536,000 |
Local Required Expenditures for FY 15 - $4,327,000 |
Goal 1: Raise the Academic Challenge and Performance of Each Student Student Growth (Utilizes funding from FY 14 for unrealized growth) |
0 |
Musical Instrument Maintenance Plan |
26,000 |
Goal 2: Ensure Quality Personnel in All Positions Increase in Local Portion of the Teacher Salary Schedule |
1,300,000 |
2% Cost of Living Increase for Support Salary Schedules |
2,215,000 |
Modification to Bus Driver Salary Schedule |
494,000 |
Goal 3: Provide a School Environment Supportive of Learning Dr. Phinnize J. Fisher Middle School Staffing |
292,000 |
Reduction of Expenditures for FY 15 – ($1,177,000) |
Goal 4: Effectively Manage and Further Develop Financial Resources Transfer Professional Development Expenditures to Special Revenue Fund |
(427,000) |
Transfer Portion of Fringe Benefit Expenditures to Food Service Fund |
(750,000) |
Proposed Budgeted Expenditures for FY 15 |
$506,869,000 |