building a sustainable future for our children

Building a Sustainable Future for Our Children

April 29, 2010

School Board’s Adopted Budget FY 2011

2

Revenue Changes

RevenueFY 2011 Superintendent’s Proposed Budget $442,106,991

Changes:State Revenue – All Funds $(2,226,463)Local Revenue $(106,250)

FY 2011 School Board Proposed Budget $439,774,278

3

Expenditure Changes

ExpendituresFY 2011 Superintendent’s Proposed Budget $442,106,991

Reductions:VRS Retirement $(14,186,580)Group Life $(1,706,803)Retiree Health Care Credit $(888,121)Triennial Census $(125,000)Instruction – reorganization costs reduced $(126,156)

Total Reductions $(17,032,660)

4

Expenditure Changes

Expenditures

Additions:Spring Staffing $1,486,000

Instruction – Bilingual Resource Assistant $33,870

Instruction – STEM Specialist $38,136

Instruction – 1st Lang. Support Teacher $45,776

Instruction – ESOL Science Specialist $38,136

Instruction – Chinese $150,274

Clinical Psychologist $76,271

5

Expenditure Changes

Expenditures

Additions:Career Advancement Program (CAP) $75,000

Transportation – sports/activities $231,028

Evaluation costs $75,000

School-based substitutes $370,000

Information Services – E scale positions $188,774

Facilities & Operations – M scale positions $117,704

6

Expenditure Changes

Expenditures

Additions (continued):Additional OPEB funding $1,733,078Cafeteria Fund $885Grants & Restricted Programs Fund $830,000Reserve for OPEB and VRS $9,210,015

Total Additions $14,699,947

FY 2011 School Board Proposed Budget$439,774,278

7

Revenue Changes

RevenueFY 2011 School Board Proposed Budget $439,774,278

Changes:County Transfer $1,622,274State Revenue – Grant Fund $(178,114)Federal Revenue – Grant Fund $815,342Local Revenue – Grant Fund $(4,397)

FY 2011 School Board Adopted Budget $442,029,383

8

Expenditure Changes

ExpendituresFY 2011 School Board Proposed Budget $439,774,278

Additions:Live Where You Work $80,800

Planetarium – partial restoration $114,250

Grants & Restricted Programs Fund $632,831

Enrollment Adjustment Reserve $100,000

Reserve for OPEB and VRS – additional funds $1,327,224

Total Additions $14,699,947

FY 2011 School Board Adopted Budget $442,029,383

9

Budget by Fund

School Operating Fund $358,289,643

Community Activities Fund $13,753,819

Cafeteria Fund $6,641,223

Capital Projects Fund $4,641,371

Comprehensive Services Act Fund $3,650,000

Grants & Restricted Programs Fund $18,914,227

Debt Service Fund $36,139,100

FY 2011 SB Adopted Budget $442,029,383

Less Reserve for OPEB and VRS $(10,537,239)

FY 2011 Planned Expenditures $431,492,144

Cost per Pupil

Based on FY 2011 Planned Expenditures

WABE METHOD

FY 2007Adopted

FY 2008Adopted

FY 2009 Adopted

FY 2010 Adopted

FY 2011Adopted

$17,958 $18,563 $19,538 $18,569 $17,322

ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGET

APRIL 29, 2010

THE ARLINGTON SCHOOL BOARD HEREBY ADOPTS ITS FISCAL YEAR 2011 SCHOOL BOARD

BUDGET CONSISTING OF A TOTAL OF $442,029,383 REQUIRING A COUNTY

TRANSFER OF $358,504,225, A BEGINNING BALANCE OR CARRY-FORWARD OF

$5,342,061, A CARRY-FORWARD OF $2,000,000 FOR THE RESERVE FUND, AND A

CARRY-FORWARD OF $695,565 FOR THE OTHER POST EMPLOYMENT BENEFITS (OPEB)

RESERVE BROKEN INTO THE FOLLOWING:

THE ARLINGTON SCHOOL BOARD HEREBY ADOPTS ITS FISCAL YEAR 2011 SCHOOL BOARD

BUDGET CONSISTING OF A TOTAL OF $442,029,383 REQUIRING A COUNTY

TRANSFER OF $358,504,225, A BEGINNING BALANCE OR CARRY-FORWARD OF

$5,342,061, A CARRY-FORWARD OF $2,000,000 FOR THE RESERVE FUND, AND A

CARRY-FORWARD OF $695,565 FOR THE OTHER POST EMPLOYMENT BENEFITS (OPEB)

RESERVE BROKEN INTO THE FOLLOWING:

ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGET

APRIL 29, 2010

1. The School Operating Fund at a total of $358,289,643 (which includes a $10,537,239 Reserve for OPEB and VRS), requiring a County transfer of $307,994,983 and a beginning balance or carry forward of $5,342,061.

2. The Community Activities Fund at a total of $13,753,819, requiring a County transfer of $6,838,830.

3. The Debt Service Fund at a total of $36,139,100, requiring a County transfer of $36,139,100.

ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGET

APRIL 29, 2010

4. The Cafeteria Fund at a total of $6,641,223, requiring a County transfer of $582,441.

5. The Capital Projects Fund at a total of $4,641,371, requiring a County transfer of $4,641,371.

6. The Comprehensive Services Fund at a total of $3,650,000, requiring a County transfer of $2,307,500.

ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGET

APRIL 29, 2010

7. The Grants and Restricted Programs Fund at a total of $18,914,227, requiring a County transfer of $0.

8. The Reserve Fund at a total of $2,000,000, requiring a County transfer of $0 and a carry-forward of $2,000,000.

9. The Other Post Employment Benefits (OPEB) Reserve Fund at a total of $695,565, requiring a County transfer of $0 and a carry-forward of $695,565.

Building a Sustainable Future for Our Children

April 29, 2010

School Board’s Adopted Budget FY 2011