Revenues
PRELIMINARY OUTLOOK
Analysis assumes the FY15 Original School Operating Budget as the base: $126,532,845
| REVENUES |
|
|
| House Appropriations Committee Proposed (based on enrollment projection of 12,670 students) |
1,607,387 |
|
| Federal - DOD, Impact Aid and Medicaid |
|
|
| Impact Aid (sequestration and appropriations) |
(300,000) |
|
| DOD (based on FY15 actual payment) |
71,450 |
|
| Federal grants (sequestration) i.e., Title I |
unknown |
|
| |
|
|
| County (Superintendent Proposed) |
1,650,848 |
|
| |
|
|
| Local Miscellaneous (leases, tuition, etc.) |
50,206 |
|
| |
|
|
| TOTAL REVENUE INCREASE |
|
3,079,891 |
| |
|
|
| Major Operating Expenditure Reductions |
|
|
| |
|
|
| Health Insurance reduction 3.6% (ER share) |
(381,600) |
|
| (includes Anthem changes in stop loss and, potentially, RX copays) |
|
|
| |
|
|
| Attrition savings |
(1,200,000) |
|
| |
|
|
| Savings from VRS expenditure rate reduction - Gov Proposed |
|
|
| Professional group |
(222,860) |
|
| |
|
|
| TOTAL EXPENDITURE REDUCTIONS |
|
(1,804,460) |
|
|
|
| NET INCREASE IN RESOURCES AVAILABLE |
|
4,884,351 |
|
|
