Birmingham Public Schools 2022-23 Projected Budget Assumptions
"Explore the projected budget assumptions for Birmingham Public Schools for the 2022-23 academic year, covering enrollment history, foundation allowance increases, revenue and expenditure assumptions, and more. Understand the financial outlook and challenges ahead for the school district."
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Presentation Transcript
Birmingham Public Schools 2022-23 Projected Budget Assumptions April 12, 2022 Finance Committee Meeting 1
Enrollment History Enrollment History 12_13 13_14 14_15 15_16 16_17 17_18 18_19 19_20 20_21 21_22 Fall Count Fall Count 8375.42 8266.97 8144.54 8069.36 8139.67 8073.97 7985.95 7945.53 7473.59 7283.81 Decline of Funded Decline of Funded Count 8600 Count 8364.66 8270.58 8150.12 8083.79 8135.99 8085.69 8002.43 7950.93 7843.16 7297.65 8400 -108.45 -122.43 -75.18 70.31 -65.7 -88.02 -40.42 -471.94 -189.78 -94.08 -120.46 -66.33 52.2 -50.3 -83.26 -51.5 -107.77 -545.51 8200 8000 7800 7600 7400 7200 7000 6800 6600 12_13 13_14 14_15 15_16 16_17 17_18 18_19 19_20 20_21 21_22 Fall Count Funded Count 2
Foundation Allowance Increases Foundation Allowance Year Increase 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 7631 7871 8111 8111 8700 9135 240 240 0 589 435 *Governor's Proposal. House & Senate not published yet. 3
Revenue Assumptions Enrollment = -145 FTE student loss Foundation Allowance Increase: $200 = $1,427,762 $250 = $1,784,703 $300 = $2,141,643 $350 = $2,498,584 $400 = $2,855,524 $435 = $3,105,382 4
Projected Expenditure Increases Negotiated Para Contract = $279,600 Secretary Contract = $119,500 Not Negotiated Yet BEA wage reopener for 22-23 ABSASP - expires June 30, 2022 AFSCME - expires June 30, 2023 Nonaffiliated 5
Projected Expenditure Increases Utility increases 10% = $156,879 Required curriculum expenditures = $370,000 Professional development = $128,000 Marketing costs = $50,000
Projected Expenditure Decreases Water Remediation = $205,735 Retention Bonuses = $628,127
