Looking Forward: 2011-12 Budget Staff Presentation March 8, 2011 1 - - PowerPoint PPT Presentation

▶

Nov 15, 2023 167 likes •228 views

Looking Forward: 2011-12 Budget Staff Presentation March 8, 2011 1 Legislative Budget Process Governor Released His 1 st Budget House and Senate Already Working on Their Respective Budgets Two Major Concerns With Governors

SLIDE 1

Staff Presentation March 8, 2011

Looking Forward: 2011-12 Budget

SLIDE 2

Governor Released His 1st Budget House and Senate Already Working on Their

Respective Budgets

Two Major Concerns With Governor’s Budget:

 Cut K-12 $ by 9.6% (or cut 10.2% per Student)

 Indication that Compression on the 0.25 Critical

Needs Millage Would be Lost (approx. $1.6m)

Legislative Budget Process

SLIDE 3

Education Jobs Bill (State Will Assume Reserved) Fund Balance (State Looking at Operating Fund) Capital Millage (Push More Millage to Operating) Tax Roll (State # for Decline Not Low Enough) Declining Enrollment (State # Not Low Enough) Class Size Reduction (Multiple Rule Changes) Retirement (Some Contribution by Employees)

Potential Impacts AKA “Judy’s Watch List”

SLIDE 4

One Bright Spot:

 District Cost Differential (Increased to > 1.0)  Last Year > 1.0 was 1994-95

Overview of Current Status:

 Education Jobs Bill Dollars Reserved  Compliance with Class Size  0.25 Critical Needs Millage Passed  Ongoing Efforts to Address Budget Challenges