2010-2011 Budget Update
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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

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2010-2011 Budget Update

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2010 2011 budget update

2010-2011 Budget Update

January 7, 2010

Personal and Academic Success for All!


2010 2011 proposed budget general fund

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


2010 2011 proposed budget general fund1

2010-2011 Proposed Budget-General Fund

General Education Staffing Formulas

  • CHS staffing formula20.50:1-3.00(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)


2010 2011 proposed budget general fund2

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)


2010 2011 proposed budget general fund3

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)


2010 2011 proposed budget general fund4

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


2010 2011 general fund revenue changes

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%


2010 2011 general fund revenue changes1

2010-2011 General Fund Revenue Changes

TOTAL REVENUE DECREASE (713,627)

TOTAL EXPENSE INCREASE (561,856)

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


2010 2011 general fund summary points to remember

2010-2011 General Fund SummaryPoints to Remember

  • No salary increases or new positions recommended

  • VRS rate increase is major factor in increased costs

    • 1.15 million including removal of 3 month waiver

  • State budget reductions

    • 336K technology funding moved to local funding in general fund

    • 208K additional reductions ADM based and incentive funds

    • Uses SFSF funds to offset shortages in Basic Aid (258K)

    • No change to composite index

  • 1.36% reduction in City funding

    • 170K


2010 2011 budget update

2010-2011 Budget Update

January 7, 2010

Personal and Academic Success for All!


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