Post on 02-Jan-2016
description
Atlanta Public SchoolsFY15 Budget Commission Meeting
Charles A. Burbridge, Chief Financial Officer
March 14, 2014
FY15 Budgets by Chief
Millions
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
FY15 Budget Changes
Millions
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
FY2015 Revenue Projection
Millions
FY14 Total Tax Revenue Total State Total Other Local
Revenue Projections 571 635 642 633
Changes From Prior Year 0 64 7 -8.8
565
575
585
595
605
615
625
635
645
FY14
Tax Revenue
QBE
Sale of Assets
FY15 Projected Revenue $633
FY15 Budget Request 658
Fund Balance ($25)Note: Projected starting fund balance for FY15 equals $83 million
Budget Summary
Millions
Questions & Answers
6