Fiscal Year 2015-2016 Proposed Budget Details
Explore the proposed expenditure budget for FY 2015-2016 including salary increases, reductions, insurance premiums, capital expenditures, fund allocations, and more. Delve into the district's financial plan and key allocations for various operational aspects.
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Presentation Transcript
FY 2015-2016 Proposed Expenditure Budget Public Hearing June 25, 2015
FY 2015-2016 Proposed Expenditure Budget 1.5% Salary increase for all employees $500 one-time pay for all employees, pro-rated for the number of hours per day per position. (8hrs = $500, 6hrs = $375) Governing Board approved reductions to meet the additional reduction in DAA(Capital) Funding ($880,000) .9% Increase Health Insurance Premiums Increase Utilities Rates (approx. 4%) Additional SEI (ELL) Teacher Stipends Decrease State Retirement Contributions (.13%)
Fund Maintenance & Operation Classroom Site (Prop 301) Federal & State Projects Capital Funds Food Service Other Funds FY2016 42,709,012 5,228,195 7,073,523 1,212,043 4,390,000 2,488,064 Other Funds, 4% Food Service, 7% Capital Funds, 2% Federal & State Projects, 11% 63,100,837 Classroom Site Fund, 8% Maintenance & Operation, 68% FY 2015-2016 Proposed Budget by Fund
Total M&O Budget for Instruction/Instruction Support 66.62% = Increase of 1.5% Other Categories 33.38% Instruction 53.06% Student Support 10.30% Staff Support 3.26% FY 2015-2016 M&O Budget by Category
Technology Districtwide telephone system (E-rate) Expand the network/WIFI connections at the elementary schools (E-rate) Curriculum K-5 Reading/Language Arts Curriculum Adoption Middle School Math Curriculum Adoption Maintenance Refurbish 2 classrooms at Esperanza Safety upgrades to front office at elementary sites (2-3) Replace cafeteria floor Sutton (per Facility Assessment) Food Service New walk-in freezer at Butler/Sutton Remodel cafeteria serving line at PDS FY 2015-2016 Proposed Capital Expenditures
Insurance proceeds is the money the district receives when a claim is filed for loss or damage to district property. Expenditures from these proceeds are for the repair or replacement of damaged or lost property. The Governing Board must annually approve the expenditure of the proceeds. Insurance Proceeds Fund Balance Current Fund Balance Estimated Revenues Estimated Expenditures Estimated Ending Fund Balance $223,700 $ 35,000 $ 50,000 $208,700 FY 2015-2016 Insurance Proceeds Budget
