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WINSTON-SALEM/FORSYTH COUNTY SCHOOLS. 2012-13 BUDGET PREVIEW. First, the Good News!. Projected local budget surplus in 2011-12, which, except for items listed on subsequent slides, should continue to be available in 2012-13 $9.0 million

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Winston salem forsyth county schools

WINSTON-SALEM/FORSYTH COUNTY SCHOOLS

2012-13 BUDGET PREVIEW


First the good news
First, the Good News!

  • Projected local budget surplus in 2011-12, which, except for items listed on subsequent slides, should continue to be available in 2012-13 $9.0 million

  • Savings from remainder of local assistant positions due to be eliminated June 30 $0.75 million


Funding losses
Funding Losses

  • Federal Jobs Bill Funds $10.5 million

  • Race-to-the-Top Funds Used to Pay Equity+ Bonuses in 2011-12, but not Available in 2012-13 $1.8 million

  • Carryover exhausted in Federal Title II CSR $0.4 million


Other expected funding needs
Other Expected Funding Needs

  • “Temporary” Salary Savings in 2011-12 $175,000

  • Already Enacted Increase in Matching Ret. $1.1 million

  • Already Enacted Increase in Discretionary Reduction $2.2 million

  • Anticipated Increase in Matching Health Ins. $325,000


Other potential funding needs
Other Potential Funding Needs

  • Projected Increases in Utility Rates

  • Potential for Matching Legislated Pay Increases

  • Potential Losses of Other Federal Funds

  • County funding might reduce due to lower property tax valuation


Pent up needs due to budget cuts
Pent-up Needs Due to Budget Cuts

  • Activity Bus Replacements

  • Computer Replacements

  • Textbook Adoptions

  • Staff Development

  • Other replacements/enhancements of technology and other tools


Other potential sources of funds
Other Potential Sources of Funds

  • Use Some Portion of Fund Balance That is Accumulated in 2011-12

  • Modify and/or Find Another Funding Source for Equity+ Bonuses

  • If the Board approves, combining Hill and Philo middle schools should save $320,000 annually in utilities and office staffing


Bottom line
Bottom Line

  • Sources of Funds $9,750,000

  • Funding Needs -$16,500,000

  • Potential Funding Shortfall -$6,750,000

  • Does Not Take Into Account Other Potential Funding Losses, Pent-up Funding Needs, or Other Potential Funding Sources


Next steps
Next Steps

  • We have been meeting with a committee of principals and central budget managers

  • Tentative agreement to recommend use of one-third ($3 million) of fund balance

  • Still discussing all of the permanent reduction ideas on the next two slides


Ideas for permanent cuts
Ideas for Permanent Cuts

  • Permanent Pay Cuts?

  • A 1% reduction in all employees’ annual pay would save $2.5 million

  • A lesser reduction rate for lower-paid employees is being discussed, and would decrease the annual savings


Ideas for permanent cuts1
Ideas for Permanent Cuts

  • Eliminate Central Office Positions (Some have already been eliminated this year)?

  • Continue Converting to Contract Cleaning?

  • “Trial Employment” Temporary Staffing?

  • New Instructional Delivery Model for AIG?

  • Teacher Assistant/PRT Allotment Formula?

  • Reduce Substitute Pay?


Summary
Summary

  • Picture is Somewhat Brighter Than Anticipated

  • Use of Fund Balance can Help at Least Delay Some of the Pain

  • Still Hope to Avoid RIFs

  • Still Hope to Avoid Class Size Increases

  • Still Lots of Unknowns


Next steps1
Next Steps

  • Continue meetings with Budget Committee

  • Work through our normal budget request and budget review process

  • Continue to Monitor and Update State and County Funding Projections

  • Make final recommendations to the Board in April