Transcript Document

Atlanta Public Schools
FY15 Budget
Community Meeting
Charles A. Burbridge, Chief Financial Officer
March 27, 2014
Budget Summary
FY15 Projected Revenue
FY15 Budget Request
$633
658
Fund Balance
($25)
Note: Projected starting fund balance for FY15 equals $83 million
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
FY15 Budgets by Chief
Instruction
Operations
Finance
Human Resouces
Organizational Advancement
Superintendent
Legal
Technology
District Wide
Total
FY 2013
Actual
352.0
77.0
6.9
5.7
1.4
4.4
3.5
28.0
99.2
578.1
Millions
FY 2014
Amended
356.2
78.9
7.0
8.2
1.5
4.9
4.9
28.4
105.1
595.1
FY2015
Tentative
369.7
81.9
7.8
9.2
1.9
4.9
4.9
33.1
144.1
657.5
Impact of Non-programmatic Changes
FY 14
Amended
Instruction
Operations
Finance
Human Resources
Organizational Advancement
Superintendent
Legal
Technology
District wide
Total
356.2
78.9
7.0
8.2
1.5
4.9
4.9
28.4
105.1
595.1
FY15
Tentative
369.7
82.0
7.8
9.2
1.9
4.9
4.9
33.1
144.1
657.6
Change
Nonprogrammatic
Adjustments
13.5
3.1
0.8
1.0
0.4
0.0
0.0
4.7
39.0
62.5
Non-programmatic adustments include increases for vacancy management, furlough days, and benefits.
Millions
16.0
7.3
0.5
0.7
0.2
0.5
0.1
1.3
-3.0
23.4
FY15 Budget Changes
Charter Schools
Employee Pay Raises (3%)
Instruction
Eliminate Furlough Days
Information Technology
Vacancy Management (2.5%)
FY15 Changes
Millions
29
15
7
5
4
3
63
Teachers
Early Intervention Program
Classroom Instruction
Kindergarten
Remedial Education
Foreign Language
ESOL/Bilingual
Art
Physical Ed. Elementary
Music
Band
Orchestra
Performing Arts
JROTC (Army)
Exceptional Children
Gifted and Talented
Career Education
Budget
FY 2014
200
1604
197
45
154
46
67
131
64
32
29
17
40
388
140
71
3225
Budget
FY 2015
201
1484
191
56
155
55
69.5
142
65.5
36
33
19
40
389
140
71
3147
Variance
1
-120
-6
11
1
9
2.5
11
1.5
4
4
2
0
1
0
0
-78
Questions & Answers
8