Budget Update Revenue County Board adopted its budget on April 23 - PDF document

5/10/2019 M A Y 9 , 2 0 1 9 SC HO O L BO ARD’ S ADO PT ED BUDG ET Budget Update ‐ Revenue  County Board adopted its budget on April 23  Provided an additional $6,735,337 to Schools  Additional ½ cent tax increase over 1 cent in County Manager’s Proposed budget  Combination of ongoing and one-time funds  “Closed the funding gap” per County news release Description Ongoing One‐Time Total Additional 1/2 cent Tax Increase $3,892,764 $1,946,382 $5,839,145 3 rd Quarter Re‐estimate $349,500 $349,500 Additional Lump Sum from County $574,622 $574,622 Total $4,221,850 $2,513,487 $6,735,337 2 1

5/10/2019 Effect of Additional County Transfer Description Amount Gap in School Board's Proposed Budget ($6,775,145) Additional County Transfer Additional Ongoing Funding $4,221,850 Additional One‐time Funding $2,513,487 New Gap ($39,808) Proposed Additional Funding from Reserves to Close Gap $39,808 Final Gap $0 3 School Board’s Proposed Budget ‐ Updated FY 202 2020 S 0 School ol Board's P s Proposed ed B Budget et - U Updated REVENUE - - S School ol Boar ard's P s Proposed ed B Budget et $662, $66 2,539 539,560 Sta State R Revenue No changes at this time County R Co Reve venue Additional Ongoing Revenue $4,221,850 Additional One-time Revenue $2,513,487 Lo Local R l Revenue nue No changes at this time Re Reserves Additonal funding from Future Budget Years Reserve to Close the Gap $39,808 Total R Revenue e Adjust stments $6, 6,775 775,145 Total F FY 2 2020 A Adjusted Revenue $66 $669, 9,314 314,705 EXPENDITURES - - School ol Board's P s Proposed ed B Budget et $66 $669, 9,314 314,705 4,89 894. 4.36 36 Amount Am nt FTE No c change ges at t this t time me To Tota tal Ex Expenditure A Adjustments $0 0.00 Total F FY 20 2020 20 Adjust sted E Expenditures $669, $66 9,314 314,705 4,89 894. 4.36 4 2

5/10/2019 Adoption of the School Board’s FY 2020 Budget I move that the Arlington School Board adopt its Fiscal Year 2020 School Board Budget totaling $669,314,705. The School Board’s FY 2020 budget requires an on-going County Transfer of $532,329,006 , a Beginning Balance or Carry Forward of $3,500,000 , and funding from Reserves of $11,409,258 , broken into the following: 5 Adoption of the School Board’s FY 2020 Budget 1. The School Operating Fund at a total of $553,034,408, requiring a County transfer of $463,264,169, a beginning balance or carry forward of $3,500,000, and funding from reserves of $6,489,808. Funding is provided in the School Operating Fund for a Compensation Study ($200K) and a Budget Study ($75K) to inform future budgets. 2. The Community Activities Fund at a total of $20,244,873, requiring a County transfer of $6,125,305. 3. The Debt Service Fund at a total of $59,160,562, requiring a County transfer of $58,857,474 and funding from reserves of $303,088. 6 3

5/10/2019 Adoption of the School Board’s FY 2020 Budget 4. The Food and Nutrition Services Fund at a total of $10,728,000, requiring a County transfer of $0 and funding from beginning balance or carry forward of $180,000. 5. The Capital Projects Fund at a total of $6,458,495, requiring a County transfer of $1,842,133, and funding from reserves of $4,616,362. 7 Adoption of the School Board’s FY 2020 Budget 6. The Children’s Services Act Fund at a total of $4,225,000, requiring a County transfer of $2,239,925. 7. The Grants and Restricted Programs Fund at a total of $15,463,367, requiring a County transfer of $0. 8 4

5/10/2019 Adoption of the School Board’s FY 2020 Budget I further move that the $10.7 million for a compensation increase included in the budget be used to provide a step increase to eligible employees. 9 Adoption of the School Board’s FY 2020 Budget I further move that the Arlington School Board authorize the advance placement of purchase orders for the purchases of goods and services such as playground equipment, general floorcovering improvements, play areas, painting projects, HVAC equipment and services, upgrades to public announcement systems, new fire alarm systems, repositioning relocatables, productivity software, computers, and device cases that are funded in the adopted FY 2020 budget. These orders will be placed only after the Finance Office verifies that the funds have been designated in the School Board’s adopted FY 2020 budget. These items should be neither received nor invoiced until on, or after, July 1, 2019. 10 5

5/10/2019 Amendment #1 to the Main Motion  I move to waive Policy G-3.2.1 – Salary for FY 2020 and amend the budget to allocate the $10.7 million compensation package to the compensation payment breakouts outlined in Hypothetical Option 1 presented at the March 19 and May 2 work sessions. 11 Amendment #2 to the Main Motion  I move to amend the budget to add $100,000 to maintain the 2 Montessori assistants paid for with one-time money in the FY 2019 adopted budget and to add back into the FY 2020 budget the Assistant Director of Assessment which is an additional $140,000. This would add a total of $240,000 to our baseline budget and maintain these 3 current FTEs. I further move that $240,000 be used from the Future Budget Years Reserve to fund these two requests. 12 6

5/10/2019 School Board’s Proposed Budget ‐ Updated (Amendment 2) FY 2 2020 School Bo Board' d's Proposed Bu Budg dget - - U Upda dated REVENUE - - S School ol Boar ard's P Proposed Budget et $6 $662 62,539 39,560 60 State R Sta Revenue No changes at this time County R Co Revenue Additional Ongoing Revenue $4,221,850 Additional One-time Revenue $2,513,487 Local Re Lo Revenue No changes at this time Re Reserves Additonal funding from Future Budget Years Reserve to Close the Gap $279,808 Total R Reven venue A Adjustments $7, 7,01 015, 5,14 145 Total F FY 2020 A Adjust sted R Revenue $66 669, 9,55 554, 4,70 705 EXPENDITURES - - S School B Board's s Prop opos osed ed B Budget $669 $6 69,314 14,705 05 4, 4,89 894. 4.36 36 Amount Am FTE Montessori Assistants $100,000 2.00 Assistant Director of Assessment $140,000 1.00 Total E Expenditure Adjustments $24 240, 0,00 000 3.00 Total F FY 202 2020 A 0 Adjust sted E Expenditures es $669,554,705 4,89 4, 897. 7.36 36 13 Amendment #3 to the Main Motion  I move to amend the budget to add $100,000 to maintain the 2 Montessori assistants paid for with one-time money in the FY 2019 adopted budget and to amend the language in our budget to remove “Eliminate the Assistant Director of Assessment” and replace it with “Reduce the Teaching and Learning budget by $140,000.” This would add a total of $100,000 to our baseline budget and maintain 2 current FTEs. I further move that $100,000 be used from the Future Budget Years Reserve to fund this request. 14 7

5/10/2019 School Board’s Proposed Budget ‐ Updated (Amendment 3) FY 20 2020 S 20 School B Board's P Prop oposed ed B Budget - U Updated REVENUE - - School ol B Board's P Prop opos osed ed Budget et $662, $66 2,53 539, 9,56 560 Sta State R Revenue No changes at this time Co County R Reven venue Additional Ongoing Revenue $4,221,850 Additional One-time Revenue $2,513,487 Local R Lo Revenue No changes at this time Re Reserves Additonal funding from Future Budget Years Reserve to Close the Gap $279,808 Total R Revenue A e Adjustments $7, 7,01 015, 5,14 145 Total F FY 2020 020 A Adjust sted ed R Revenue $66 $669, 9,55 554, 4,70 705 EXPENDITURES - - S School ool B Board's P Prop opos osed Budget et $66 $669, 9,31 314, 4,70 705 4,894. 94.36 Am Amount FTE Montessori Assistants $100,000 2.00 Total E Expenditure e Adjustments $100, $10 0,00 000 2.00 Total F FY 2 2020 Adjusted ed Expenditures es $669, $66 9,41 414, 4,70 705 4,896.36 15 Adoption of Main Motion as Amended (Amendment 1)  I move to adopt the School Board’s FY 2020 Adopted budget as amended in the amount of $669,314,705. 16 8

5/10/2019 Adoption of Main Motion as Amended (Amendment 2)  I move to adopt the School Board’s FY 2020 Adopted budget as amended in the amount of $669,554,705. 17 Adoption of Main Motion as Amended (Amendment 3)  I move to adopt the School Board’s FY 2020 Adopted budget as amended in the amount of $669,414,705. 18 9

5/10/2019 Adoption of Main Motion as Amended (Amendments 1 and 2)  I move to adopt the School Board’s FY 2020 Adopted budget as amended in the amount of $669,554,705. 19 Adoption of Main Motion as Amended (Amendments 1 and 3)  I move to adopt the School Board’s FY 2020 Adopted budget as amended in the amount of $669,414,705. 20 10

5/10/2019 M A Y 9 , 2 0 1 9 SC HO O L BO ARD’ S ADO PT ED BUDG ET 11