Subject: 1.03 Fiscal Year 2019 Operating Budget Discussion

Meeting: May 16, 2018 - Board of Education Special Meeting - Budget [12:00 pm.]

Type: Action, Discussion

Goals: Goal 1 Student Achievement - FCPS will equip each and every student to be an empowered learner and an engaged citizen to achieve a positive impact in the local and global community.

Goal 2 Effective and Engaged Staff - FCPS will hire, support, and retain staff who champion individual, professional, and student excellence.

Goal 3 Resource Allocation - FCPS will pursue and utilize all resources strategically and responsibly to achieve identified outcomes and inspire public confidence.

Goal 4 Family and Community Involvement - FCPS will nurture relationships with families and the entire community, sharing responsibility for student success and demonstrating pride in all aspects of our school system.

Goal 5 Health and Safety - FCPS will promote a culture fostering wellness and civility for students and staff.

PURPOSE OF PRESENTATION: The Board of Education (BOE) will discuss the Fiscal Year 2019 Operating Budget.

BACKGROUND/SUMMARY: At the May 9, 2018 BOE meeting, the Board discussed the FY19 current budget variance of $3.3M. During the meeting, the Board approved three changes to the budget to decrease the variance. The current budget variance is $1.67M. The following reductions were approved:

Eliminate the additional OPEB contribution - $1.0M
Eliminate the expansion of the International Baccalaureate Program - $40,000
Reduce the Technology Infrastructure Budget - $594,163

The purpose of today’s meeting is to consider additional changes to the operating budget. Staff will be available to offer additional information and for questions.

The BOE is scheduled to discuss the FY19 Operating Budget at the May 16 and May 23 meetings. Actions will be taken at these meetings to balance the FY19 Operating Budget. Final approval of the FY19 Operating Budget is scheduled for the June 6, 2018 at a special BOE meeting.

PRESENTER(S) & TITLE(S):

Leslie Pellegrino, Chief Financial Officer

Heather Jo Clabaugh, Budget Officer

SUBMITTED BY:

Leslie Pellegrino, Chief Financial Officer

File Attachments

05.16.18 FY19 Budget Working File BOE Revisions_backup.pdf (163 KB)

05.16.18 FY19 Operating Budget PPT_backup.pdf (456 KB)

Motion & Voting

Moved to reinstate the $1,188,325 that was cut from Technology (73024).

Motion by Michael G Bunitsky, second by Colleen E Cusimano.