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Lamoille North Supervisory Union 2018-2019 Budget: Increased Consolidation and Cost Adjustments

The FY19 budget for Lamoille North Supervisory Union includes increased consolidation of special education costs, comprehensive benefit adjustments for health plans, and reserves applied to offset budget increases. Find out more about the assessment revenues and estimated assessment for the year.

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Lamoille North Supervisory Union 2018-2019 Budget: Increased Consolidation and Cost Adjustments

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  1. LAMOILLE NORTH SUPERVISORY UNION 2018-2019BUDGET January 16, 2018

  2. The FY19 Budget For Central Office Includes: • Third Year of Transportation Costs accumulated at SU level • Increased Consolidation of Special Education costs at the SU Level including Pre-K/EEE Coordination • Comprehensive Benefit Adjustments/Allowances for New Health Plans • Additional $110,000 Reserves Applied to Reduce General Assessment in support of Health Cost Recaptures • Additional $130,287 Reserves Applied to offset increases to SPED

  3. Total Budget: $3,758,114Minus: Grant Funded ($ 155,476)Minus: Transportation & Services to Schools ($1,906,300)Minus: Misc. Revenues ($ 50,419) Assessment Expenses $1,645,919Minus: Reserves Applied (offset Recapture) ($ 189,713)FY 19 Non-SPED Assessment Costs: $1,456,206 FY 19 Lamoille North Supervisory Union Budget w/o SPED

  4. FY 19 Lamoille North Supervisory Union Budget with Net SPED Costs FY19 SPED costs: $6,026,610 Minus: Reserves (offset increases) ($ 130,287) Minus: Estimated SPED Revenue: ($3,867,898)FY19 SPED Assessment: $2,028,425FY19 Non-SPED Assessment: $1,456,206 FY19 Assessment with SPED: $3,484,631

  5. ASSESSMENT REVENUES

  6. Transportation… Title 16 VSA 261(a)

  7. Resulting In An Assessment Allocation Based On October Enrollment ADM

  8. October 1, 2017 ADM Count

  9. LNSU FY19 ESTIMATED ASSESSMENT (1/16/17)

  10. Thank You!

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