GAPP Deutschland 20132013. GAPPGAPP G erman A merican P artnershi p P rogram.
Proposed Financial Plan for Fiscal 2014-2015 BUDGETED FUNDS SUMMARY 2012-20132013-20142014-2015%...
-
Upload
kenneth-evans -
Category
Documents
-
view
215 -
download
1
Transcript of Proposed Financial Plan for Fiscal 2014-2015 BUDGETED FUNDS SUMMARY 2012-20132013-20142014-2015%...
Proposed Financial Plan for Fiscal 2014-2015
BUDGETED FUNDS SUMMARY 2012-2013 2013-2014 2014-2015 %
ACTUAL REVISED PROPOSED Inc/(Decr)
BY FUND:
OPERATING FUND $ 121,562,123 $ 125,009,204 $ 130,953,997 4.76%
GRANTS FUND 11,350,936 9,105,000 11,673,597 28.21%
FOOD SERVICES FUND 6,868,507 7,699,013 7,478,228 -2.87%
$ 139,781,566 $ 141,813,217 $ 150,105,822 5.85%
Revenue - All Funds
Op-erat-ing Fund $130,953,997
Grant Fund
$11,673,597
Food Services Fund $7,478,228
Expenditures by Major Classification
Instruction $110,136,012
73.37%
Admin & At-tendance
$3,465,486 2.31%
Health & Psych $1,899,436
1.27%
Transportation $7,874,3225.25%
Operations & Maintenance $13,252,294
8.83%
Food Services $7,478,2284.98%
Technology $6,000,0444.00%
Expenditures by Object Code
Personnel compensation and benefits make up 84.24% of the Operating fund budget.
Com-pensa-tion
59.20%
Benefits25.04%
Operating Costs15.77%
History of State Funds
2008-2009 2009-2010 2010-2011 2011-2012 $65,000,000
$67,000,000
$69,000,000
$71,000,000
$73,000,000
$75,000,000
$77,000,000
$73,981,870
$72,450,870 $73,025,966
$74,200,097
76,399,339
State Revenue:
Basic Aid and Non-program specific $1.5mRetirement Rate adjustment .9mProgram Specific .5m
Total increase state revenue $2.9m
History of Local Appropriation of Funds
2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Proposed 2014-2015 $42,000,000
$44,000,000
$46,000,000
$48,000,000
$50,000,000
$52,000,000
$54,000,000
$56,000,000
$58,000,000
$48,052,130
$44,552,130
$45,952,130
$50,643,200
$55,643,200
$52,684,053
$44,552,130 $44,552,130
$43,643,200
$48,643,200 $49,684,053
Blue= SPS Requested Red = City of Suffolk Appropriated
Fiscal 2013-2014 Rates Health Keepers (HMO)10 month Monthly
2012-2013 2013-2014 IncreaseEmployee 24.30 69.30 45.00 Employee +1 293.40 354.94 61.54 Employee Both/One 24.30 69.30 45.00 Employee Family 412.50 499.14 86.64 Employee Both/Family 24.30 69.30 45.00
Health Keepers (HMO)12 month Monthly
2012-2013 2013-2014 IncreaseEmployee 24.30 57.75 33.45 Employee +1 293.40 295.78 2.38 Employee Both/One 24.30 57.75 33.45 Employee Family 412.50 415.95 3.45 Employee Both/Family 24.30 57.75 33.45
Other costs increased for Employees:
• Co-Payments $20/PCP $40/Specialist (doubled)
• Therapy Services $40/visit (doubled)
• Emergency Room visits $150 then 10% each visit (increased $50)
• Deductibles $100 single/$200 all other plans (new this year)
• Out of pocket Maximums $2000 single/$4000 all other plans (increased from $1000/$2000)
Proposed Budget:
• 3% Cost of living raise for all full-time TEACHER contracted employees
• 2% Cost of living raise for all full-time NON-TEACHER contracted employees
• 1% VRS phase-in raise (year 3 of 5) as required by law
• Increase in Employer share of retirement costs and group life expenses
Total Personnel Costs of $4,469,289
Proposed Budget:
• Increased Budget –Joint Operations • Software Renewal Increases• Homeless Transportation Increase• School Resource Officers (Grant ended)• IT infrastructure Replacement Costs• Grant matches –Algebra Readiness and IT grants• Transportation Fuel Increased Costs
Total Non-personnel Costs: $1,475,504
City Appropriation Request:
Increased Appropriation Request $3.0 million
Appropriation Request for HVAC .5 million
Total $3.5 million