RAPIDES PARISH SCHOOL BOARD

2005-06 BUDGETS

ZBB

Zero Based Budgeting Basically – start with nothing, justify everything Designed to break the lockstep of the “do what we

did last year” syndrome Helps prioritize and align programs & activities with

mission We got our feet wet with the process this year by:

Involving staff in the process Round table discussions Consensus building

LAST YEAR AT A GLANCE -GENERAL FUND(in millions)

Actual Budget Diff. (-)

Revenues 130.5 128.6 1.9

Expenditures 128.5 126.9 (1.6)

Excess 2.0 1.7 .3

Beg. Bal. (1.3) (1.3) 0

End. Bal. .7 .4 .3

THIS YEAR AT A GLANCE -GENERAL FUND

Budget

(millions)

Revenues $ 134.3

Expenditures $ 135.0

Excess (Deficiency) – Transfer to Reserve $ (.7)

Beginning Balance $ .7

Ending Balance $ 0.0

FUNDS IN TROUBLE

COTILE 22A MAINTENANCE (NORTHWOOD)

PINEVILLE 52 MAINTENANCE PARISHWIDE MAINTENANCE

ALL BEGIN YEAR WITH A DEFICIT PINEVILLE & COTILE – INCREASED

DEFICIT FROM LAST YEAR PARISHWIDE – FIRST TIME

FUNDS TO WATCH

FOOD SERVICE – Small fund balance

WORKERS’ COMP – Small fund balance / negligible reserves

BUDGET HIGHLIGHTS

GENERAL FUND $530 raise – professional accountability $1 million increase in retirement $3 million increase in insurance $1 million increase in tax collections $2 million increase in State funding $.7 million beginning balance transferred to

Reserve ($3.8 million now)

BUDGET HIGHLIGHTS

MAINTENANCE FUNDS Pineville & Cotile

Significantly reduced expenditures to balance budget

Staff closely monitoring expenditures from these funds

Superintendent approval now required for other than routine expenses

General Fund transfer to Cotile of $32,000 for fire damages paid from maintenance

BUDGET HIGHLIGHTS

MAINTENANCE FUNDS Parishwide

Significantly reduced expenditures to balance budget

Staff closely monitoring expenditures from these funds

Superintendent approval now required for other than routine expenses

Additional salaries allocated to maintenance funds New Transfer of $100,000 to Big Island & Ruby-

Wise Maint.

BUDGET HIGHLIGHTS

MAINTENANCE FUNDSNext Step - As soon as possible:

Look at available funds after “routine” expenses

Give schools a budget – not to be exceeded

May need to delay these expenses to near end of fiscal year in order to provide for unexpected or emergency repairs and maintenance

SUMMARY

We need to remain mindful of our position and our past

We’re doing better