Transcript Document

Atlanta Public Schools
FY15 Budget Commission Meeting
Charles A. Burbridge, Chief Financial Officer
March 14, 2014
FY15 Budgets by Chief
FY15 Budget
Instruction
369.7
Operations
81.9
Finance
7.8
Human Resources
9.2
Organizational Advancement
1.9
Superintendent
5.0
Legal
4.9
Technology
33.1
District Wide
144.1
Total
657.6
Millions
FY15 Budget Changes
Charter Schools
29.0
Employee Pay Raises (3 %)
15.0
Instruction
7.0
Eliminate Furlough Days
4.5
Vacancy Management (2.5%)
3.2
Unfunded Pension
1.0
Increased IT Support to CTAE and Title
1.7
Virtual Schools
0.8
Microsoft Enterprises Licenses
0.8
Bandwidth
0.8
School Budgets
0.5
Media Paraprofessionals
-1.0
FY15 Changes
63.3
Millions
FY2015 Revenue Projection
650
QBE
640
Tax Revenue
Sale of Assets
630
620
610
600
590
580
FY14
570
560
Revenue Projections
Changes From Prior Year
FY14
Total Tax Revenue
Total State
Total Other Local
571
635
642
633
0
64
7
(8.8)
Millions
Budget Summary
FY15 Projected Revenue
FY15 Budget Request
$633
658
Fund Balance
($25)
Note: Projected starting fund balance for FY15 equals $83 million
Millions
Questions & Answers
6