2011 2012 superintendent s budget
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2011-2012 Superintendent’s Budget. Presentation for Providence School Board April 25, 2011. Budget Drivers. Student Achievement

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2011-2012 Superintendent’s Budget

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2011 2012 superintendent s budget

2011-2012 Superintendent’s Budget

Presentation for Providence School Board

April 25, 2011


Budget drivers

Budget Drivers

  • Student Achievement

    • Class size, curriculum development, professional development, classroom materials, extracurricular activities, smaller learning communities, common planning time, standards, and assessments

  • Available Funding from State and City

  • Changes to School Enrollment

  • Labor Contract Obligations

    • Salaries, Benefits, Class Size

  • Employee Retirement Contributions

    • State

    • Local

  • Vendor Contract Obligations

    • Transportation

    • Custodial and maintenance

    • Outside tuitions


2011 2012 superintendent s budget

Local Budget Comparison FY 2011 to FY 2012


Budget expenditure variances

Budget Expenditure Variances


Budget expenditure variances continued

Budget Expenditure Variances (Continued)


Budget unknowns

Budget Unknowns

  • Final State Aid Allocation to the District

  • Final City Appropriation to the District

  • Final Federal Entitlements


Fy2012 budget overview

FY2012 Budget Overview

  • The Superintendent’s 2011-12 proposed budget is $308,738,673

  • The FY2012 Budget is $831,448 or .27% higher than FY2011

  • Budget increases are driven by:

    • Labor agreements

    • Vendor agreements

    • State regulations and laws

    • Loss of Stimulus Funding

    • Loss of Federal Jobs Bill


Budget revenue assumptions

Budget Revenue Assumptions

  • State Aid will be funded at the Governor's proposed budget amount

    • Governor’s FY2012 Proposed Budget calls for a $2.5 million net reduction in Aid to Education for Providence

  • The City appropriation to schools will remain at the FY2011 amount

    • City funded 40.56% of FY2011 budget. Level funding of the FY2012 proposed budget is 40.45%

  • Federal Entitlements will be level funded


Budget expenditure assumptions

Budget Expenditure Assumptions

  • Eliminating a $29.5 million budget gap

  • Achieved by:

    • Employee salary & benefit reductions

    • School closures

      • ASA Messer Elementary

      • ASA Messer Annex Elementary

      • Flynn Elementary

      • West Broadway Elementary

      • Windmill Elementary

      • Repurposing Bridgham Middle


Budget expenditure assumptions continued

Budget Expenditure Assumptions (Continued)


Fy 2012 expenditures

Proposed Expenditures$308,738,673

FY 2012 Expenditures


Fy 2012 revenues

Projected Revenues $308,738,673

FY 2012 Revenues


Budget schedule anticipated

Budget Schedule (Anticipated)

  • April 25Budget submitted to School Board

  • April 28Budget submitted to Mayor

  • May 1 Budget submitted to Council

  • JuneCouncil budget hearings

  • June-JulyFinal state aid determined

  • July Council adopts city budget

  • July-AugustSchool board approval

  • July-AugustCouncil approves ordinances


Questions

Questions ?


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