Agenda Item – Proposed FY2016 Budget
Proposed FY2016 Budget Summary
FY2016 Lowest Paid Employees Budget Recommendation
Video of Board Discussion
Dr Bell (Chief Financial Officer)
End of FY2015 projected fund balance is $80.7 million.
Estimated FY2016 proposed budget is $875 million.
Estimated FY2016 revenue is $875 million.
Fund an additional 200 teachers
Michael Thurmond (Superintendent)
Work with the board to look at our options to reinstate board TSA contributions for “Dekalb Employees”
|Step||Process||Date & Time|
|4)||2nd Public Budget Hearing to solicit feedback from the public regarding the 2015-2016 school district’s budget.||Monday, June 1, 2015 (5:45p.m.)|
|5)||1st Millage Rate Hearing||Monday, June 1, 2015 (6:15p.m.)|
|6)||The Board of Education will adopt the FY 2016 Tentative Budget (At least 15 days prior to adopting Final Budget).||Monday, June 1, 2015 (7:00p.m.)|
|7)||2nd Millage Rate Hearing||Wednesday, June 17, 2015 (11:30a.m.)|
|8)||3rd Millage Rate Hearing||Wednesday, June 17, 2015 (6:15p.m.)|
|9)||Final FY 2016 Budget Adoption and Adoption of Tax Levy||Wednesday, June 17, 2015 (7:00p.m.)|