July 9, 2020 at 5:30 PM - Budget Committee Meeting
| Agenda |
|---|
|
I. CALL TO ORDER
|
|
II. ROLL CALL
|
|
III. APPROVAL OF AGENDA
|
|
IV. 2019-2020 BUDGET
Description:
|
|
IV.A. Projected End of the Year Balance
Description:
The purpose of this agenda item is to review the 2019-2020 budget, projected end of the year balance. Please be reminded that the 19-20 budget has a planned deficit of $433,686, due to the capital projects that are funded through the 2014 operational referendum funds (currently accounted for in the Fund 10 fund balance). This capital projects funding decision is connected to the Fund 41 account, as the 19-20 fiscal year is the third year of a three year plan to build up the fund balance in Fund 41. The contingency budget has been primarily expended through costs associated with additional educational services at Heritage Elementary School.
Please also refer to the PowerPoint that was presented at a previous School Board meeting regarding the impact of the school closure. |
|
V. 2020-2021 BUDGET PLANNING
Description:
|
|
V.A. Review Third Draft of the Budget
Description:
The purpose of this agenda item is to review the third draft of the budget for the 20-21 school year. I have attached the third draft of the budget for your review. Please note that the second draft of the budget is based on the following:
1. The $0/student increase in the per pupil categorical aid, with a $179/student increase in the revenue limit formula 2. An increase in the percentage of State Special Education Categorical Aid to 30% 3. The personnel cost line includes a salary increase of 2.85%, a 0% increase in dental insurance rates, and a 0% increase for health insurance rates 4. The capital maintenance projects are funded from Fund 41 5. The second draft includes an increase of 9.42 FTE, as outlined on page 13 of the document. 6. All of the remaining budget requests have been placed on hold at this time The second draft of the budget in June includes: 1. Staffing updates based on additional schedule changes or reallocation proposals 2. Updates to the gift fund (Fund 21) 3. Updates to building/department revenue accounts and corresponding expense accounts The third draft of the budget in July will include at least: 1. Grant allocations 2. Staffing updates based on additional schedule changes or reallocation proposals 3. Updates to other budgetary funds (Fund 50 and Fund 80) 4. Updates to summer school budget |
|
V.B. Technology Budget
Description:
Attached please find information on the Long Range Technology Plan. The Board requested a discussion of the impact of technology purchases for the 2020-21 school year. Director of Technology Herb Haubrich will join us at the meeting to discuss plans for 2020-21.
|
|
V.C. Transportation
Description:
Attached please find the Transportation Guidelines that have been provided to Dane County school districts. These guidelines may change based on additional state level guidance. Administration would like to discuss, at a high level, the potential impact to the 2020-21 budget planning process.
|
|
V.D. Soccer Field Project
|
|
VI. FEDERAL CARES ACT FUNDING
|
|
VII. PUBLIC COMMENTS
|
|
VIII. DISCUSSION/ACTION ON PROPOSALS
Description:
There are no proposals to review this month.
|
|
IX. OTHER ITEMS FOR DISCUSSION
Description:
.
|
|
IX.A. Moody's Report
|
|
X. FUTURE AGENDA ITEMS
Description:
|
|
XI. ADJOURN
|