Last week Superintendent Green presented the administration’s first swing at a FY 2019 GENERAL FUND BUDGET. Revenues are expected to go up by $50 million to $1.063 billion. The administration is asking to increase expenses by $60 million to $1.080 billion.
The biggest increase is going to TRS funding; an additional $24 million over last year. This also includes a 1.1% raise across the board for all employees. A Compensation and Classification (Comp & Class) study will be coming out shortly and the raises may be adjusted accordingly.
Generally speaking, the administration under estimates revenues and over estimates expenses. It’s a lot more padded than I would like, but this gives us an idea of where we are. I recommend school councils take a glance at their school funding numbers and meet with their principal over the funding implications.
Fiscal Year 2019 (2018—2019 School Year)
|REGION 1 SCHOOLS|
|SCHOOL||2016 ACTUALS||2017 ACTUALS||2018 BUDGET||2019 PROPOSED BUDGET|
|ASHFORD PARK ELEM||3,173,074||3,787,503||4,043,095||3,474,916|
|JOHN R. LEWIS ELEM||12,529||3,025,222||3,182,398||3,170,662|
|HUNTLEY HILLS ELEM||3,908,585||4,371,134||4,568,715||4,588,271|
|CARY REYNOLDS ELEM||6,850,715||6,420,203||6,614,215||6,018,361|
|CROSS KEYS HIGH||8,232,427||8,537,255||9,878,657||10,153,103|
FY2019 Preliminary Budget Document
FY2019 Division Budget Summary Report
School Enrollment & Capacity Report – October 2017
FY2018 Consolidated Budget Detail
FY2018 Budget Enhancements