Ce&ar Ra!

i&s Co,,unity School 0istrict

F8 015 9eneral Fun&, 4on-Categorical %u&get 5&6ust,ents
Revised 4/22/2014

Category
1 Revenue Increase 1 Equipment Breakdown Insurance (Net) Pendin Board approva! 4"2#"14 2 Bui!din )se and *tudent +ee increases , Increase in curricu!um support -rom .rant /ood 0E0 Category Totals Su!!lanting E"isting Sta## Costs 1 Reassi n current teac1er !eader positions to t1e new 2eac1er 3eaders1ip .rant 4ud et (,,5& +2E) Category Totals 3 %u&get E"!en&iture Savings 1 Revise 6idd!e *c1oo! Instructiona! 7e!iver8 6ode! 2 Restructure Instructiona! *upport 3ev8 (I*3) 4ud et to support non"cate orica! positions , Reduce instructiona! sta-- at 1i 1 sc1oo! !eve! 4 0nticipated 1ire down savin s 4ased upon past e:perience ( Restructure specia!s positions ; e!ementar8 and midd!e sc1oo!s (0rt' 6usic' 3i4rar8) 9 Reduce <o"curricu!ar *c1edu!e < positions (45(= o- *c1edu!e < 4ud et) % Revise *tudent 2ransportation routes at t1e 1i 1 sc1oo! !eve! # Reduce <ustodia! positions (2 ; 5( +2E ea5) & <entra! E3*< rea!i nments Category Totals Instructional Su!!ort +rogra, -IS./ Reserve S!en& 0o1n 1 *upport teac1in positions wit1 I*3 reserves " s1ort term Category Totals

$ Savings
$4%&'1(4 $41'2,% $&'%%0 $530,161

FTE Change
" " " -

$2'(2&'&10 $ ,5 $,$10

" -

$1'&(,'29, $,%('000 $2&%'940 $22('4(0 $1,,'&,# $1,,',&2 $%0'000 $(9'2#4 $42'20( $3, '(,1(

"2952(00 " "450000 " "15#000 " "250000 "150000 "05(000 -35)5500

$14#'#20 $1*',' 0

" -

Total ne1 2u&get revenues 3 savings

5 4e1 +rogra,s an& Services 1 Invest in Innovative Instruction (6a net *c1oo!s' BI.' Pro>ect"Based 3earnin ) 2 <ontinue p!anned e:pansion o- e!ementar8 *panis1 pro ram , Restore instructiona! equipment 4ud et Category Totals

$6,*$6,063
"$2(4'%#1 "$14#'#20 "$100'000 -$503,601

-35)5500
250000 250000 " *)0000

Total 4e1 +rogra,s an& Services

-$503,601

*)0000

Total %u&get 5&6ust,ent +ac7age -4et/

$5,$$ ,*6

-31)5500

Fiscal Year 2015

General Fund - Budget Update
April 28, 2014

FY 2015 Budget Adjustments

Guiding Principals
Board Input Fiscal responsibility Transparency Balanced approach to budgeting Timely notice of potential personnel actions

FY 2015 Budget Adjustments

Budget Adjustment Goal: $6 million

Actual Adjustment Package New budget revenues and savings: + $6,496,063 New programs and services: - $503,601 Net Budget Adjustments: = $5,992,462

FY 2015 Budget Adjustments

New budget revenues and savings $6,496,063

Category 1: Revenue Increase: Category 2: Supplanting Existing Staff Costs: Category 3: Budget Expenditure Savings: Category 4: ISL Reserve Spend Down: Total: $0.53 million $2.53 million $3.29 million $0.15 million $6.50 million

FY 2015 Budget Adjustments

New Programs and Services: $503,601

Innovative Instruction (Magnet, BIG, Project Learning): Continue Elementary Spanish program expansion: Restore Instructional Equipment Budget: Total: $0.25 million $0.15 million $0.10 million $0.50 million

Unspent Balance (Spending Authority) & Fund Balance, Reserve Trends

$30.00 $25.00 $20.00
FY1 & FY1! "sti#ates

(millions)

8%

$15.00 $10.00 $5.00 $0.00 FY 06 FY 07 FY 08 FY 09 FY 10 FY 11 FY 12 FY 13 FY 14

2%

FY 15

Unspent Balance $19.3 $21.7 $24.4 $21.7 $21.6 $22.4 $19.7 $10.6 $4.28 $4.27 $18.8 $21.0 $23.3 $17.1 $6.90 $9.10 $11.1 $3.51 $6.02 $15.0 Fund Balance
Revised Estimate 2-13-14

FY 2015 Budget Update

Questions?