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					2010-2011 Budget Update




                January 7, 2010



     Personal and Academic Success for All!
             2010-2011 Proposed Budget-General Fund




    Maintain Current Competitive Position

          No step or other salary increases

          Load new staff salaries and update benefits                                                    132,001

          Restore VRS 3 month payment holiday                                                            650,999

          11.57% increase in VRS rate (15.64% to 17.45%)                                                 514,263

          Estimated increase in health insurance                                                         180,708

          Worker’s Compensation                                                                               4,590




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            Charlottesville City Schools • 1562 Dairy Road • Charlottesville VA 22903 • 434-245-2400 • www.ccs.k12.va.us
             2010-2011 Proposed Budget-General Fund




    General Education Staffing Formulas

          CHS staffing formula                                          20.50:1 -3.00                   (203,890)

          Buford staffing formula                                       16.25:1 -2.50                   (169,906)

          Elem staffing formula                         17.0:1 or 20.0:1 -1.00                            (67,963)




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            Charlottesville City Schools • 1562 Dairy Road • Charlottesville VA 22903 • 434-245-2400 • www.ccs.k12.va.us
             2010-2011 Proposed Budget-General Fund




    Special Education Staffing Formula


          K – 6 teaching positions                                      -1.00                            (67,963)

          7 – 12 teaching positions                                     -1.00                            (67,963)

          K – 6 inst. assistant positions                               -3.00                            (78,459)

          7 – 12 inst. assistant positions                              -1.00                            (26,153)




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            Charlottesville City Schools • 1562 Dairy Road • Charlottesville VA 22903 • 434-245-2400 • www.ccs.k12.va.us
            2010-2011 Proposed Budget-General Fund




    Contracts and Miscellaneous Services

         Transportation contract – City

         Piedmont Regional Education Program (PREP)

         Maintenance contract – City                                                                    (65,640)

         Comprehensive Services Act – City                                                                 61,051

         Vocational education contract – CATEC                                                            (28,000)


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           Charlottesville City Schools • 1562 Dairy Road • Charlottesville VA 22903 • 434-245-2400 • www.ccs.k12.va.us
             2010-2011 Proposed Budget-General Fund




    Contracts and Miscellaneous Services

          Division Contingency Reserve                                                                  (179,450)
          Other Miscellaneous changes                                                                      (26,369)




    TOTAL EXPENSE CHANGES                                                                                $561,856



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            Charlottesville City Schools • 1562 Dairy Road • Charlottesville VA 22903 • 434-245-2400 • www.ccs.k12.va.us
         2010-2011 General Fund Revenue Changes

        City
           $38,113,839
           70.91% of GF budget
           Decrease of 1.31%                                                 ($170,000)
           Increase transfer to technology                                   ($336,000)
                     (local funds pick up elimination of state funding)

        State
           $14,295,313
           26.60% of GF budget
           Decrease of 1.43%                                                 ($207,627)
                     (in addition to elimination of 336K tech funding in special revenue fund)



    TOTAL REVENUE DECREASE                                                 ($713,627) -1.31%


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        Charlottesville City Schools • 1562 Dairy Road • Charlottesville VA 22903 • 434-245-2400 • www.ccs.k12.va.us
       2010-2011 General Fund Revenue Changes


    TOTAL REVENUE DECREASE                                                      (713,627)


    TOTAL EXPENSE INCREASE                                                      (561,856)


              NET BALANCE                                                 ($1,275,483) -2.34%




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      Charlottesville City Schools • 1562 Dairy Road • Charlottesville VA 22903 • 434-245-2400 • www.ccs.k12.va.us
                           2010-2011 General Fund Summary
                                Points to Remember

    1.   No salary increases or new positions recommended
    2.   VRS rate increase is major factor in increased costs
         1.     1.15 million including removal of 3 month waiver
    3.   State budget reductions
         1.     336K technology funding moved to local funding in general
                fund
         2.     208K additional reductions ADM based and incentive funds
         3.     Uses SFSF funds to offset shortages in Basic Aid (258K)
         4.     No change to composite index
    4.   1.36% reduction in City funding
         1.     170K


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              Charlottesville City Schools • 1562 Dairy Road • Charlottesville VA 22903 • 434-245-2400 • www.ccs.k12.va.us
2010-2011 Budget Update




                January 7, 2010



     Personal and Academic Success for All!

				
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