|
1
|
|
|
2
|
- Special Education
- Includes a $25.5 million or a 38% increase in special education
funding.
- 100% Funding for Excess Cost
- Excess Cost threshold lowered to 4.5 times per pupil
- As much as $552,100 in
additional revenue to the Manchester Board of Education
|
|
3
|
- Municipal Aid
- Includes a 2% increase in entitlements for all towns in Educational
Cost Share Grant
- As much as $508,100 in
additional revenue to the Town of Manchester General Fund – none of
this amount goes to the Manchester Board of Education budget.
|
|
4
|
- SPED TUITION $1,724,049
- Adjusted per Governor’s Proposed Budget
- SALARIES 1,380,029
- HEALTH INSURANCE 979,137
- TRANSPORTATION 503,986
- UTILITIES 297,743
- MUNIS SOFTWARE 28,277
- Adjusted per General Manager
|
|
5
|
|
|
6
|
- BUDGET ADDITIONS:
- Furniture for Waddell & Bowers $425,000
- Facility Project Management
40,000
- TOTAL NEW ADDITIONS $465,000
|
|
7
|
- PLUS ADDITIONS
- $5,378,221 = 6.80%
|
|
8
|
- Bilingual Program
- ADA Access
- No Child Left Behind (NCLB)
- Individuals with Disabilities Education Act (IDEA)
- Total Mandated Increases: $935,421
|
|
9
|
- Title V Grant
- MRA
- Visually Impaired (Board of Education Services for the Blind)
- Total Anticipated Revenue Reductions:
$187,501
|
|
10
|
- Level Service Increase $4,913,221
- Additional Items 465,000
- Federal/State Mandates
935,421
- Revenue Reductions 187,501
|
|
11
|
- 2005-06 Adjusted Budget Request
$85,536,239
- 2004-05 Adopted Budget
$79,035,096
- Total Adjusted Increase $
6,501,143
- Percentage Increase 8.23%
|
|
12
|
- Adjust Salary Accounts based on FY2005 $548,000 surplus.
- The salary figures in the FY2005-2006 budget were developed based on
employees currently on the Manchester Public Schools’ payroll. Using the MUNIS software, current
employees were moved up the salary schedule and transferred into the
budget by account. In addition,
a $90,000 reduction was made for the 6 known retirements.
|
|
13
|
- Adjustments in lease purchase payments for MUNIS software based on
revised financing schedules.
- Revised financing schedules were not shared with the district
administration. Budget has since
been adjusted.
|
|
14
|
- Defer construction of an elevator at Nathan Hale School until the school
can be made ADA accessible.
- Elevators are needed at Highland Park, Nathan Hale, Washington and
Central Office. Budget did not
designate which facility would gain an elevator in FY2006. Funding source is the 3510
Account. Elimination of elevator
would not free up funding for staff or programs.
|
|
15
|
- Consider adjustments in special education accounts to reflect the
Governor’s proposal to lower the State threshold for excess cost grant
from 5 times to 4.5 times per pupil cost and to increase overall funding
for special education by 35%.
- The lowering of the State threshold for excess cost has been on the
table for at least the last 2 years.
However, budget has been adjusted based on the assumed lowering
of the threshold and 100% funding of excess cost.
|
|
16
|
- Consider adjusting special education accounts with the knowledge that
within designated fund balance there is $342,000 available for
appropriation by the Board of Directors should State aid not materialize
as proposed and/or cost increase beyond that anticipated within the
adopted budget.
- These funds were to be used towards the purchase of furniture for
Waddell and Bowers since construction projects did not include
furniture replacement. Budget
has been adjusted to include the $425,000 needed to purchase the
furniture.
|
|
17
|
|
Notes
