Agenda Item
Meeting Date: 1/17/2019 - 6:30 PM
Category: ITEMS OF BUSINESS
Type: Action
Subject: 2. Action on a Request to Approve Fiscal Year 2019-20 Budget Parameters
Strategic Plan Compatibility Statement:
Goal 3
Effective and Efficient Operations
Policy: Admin Policy 3.01 - Annual Operating Budget
Attachments:
File Attachment:
Background: The Administration requests approval of budget parameters to be used in the planning and development of the fiscal year 2019-20 budget (FY20). FY20 is the first year of the State's biennial budget cycle. As such, the state parameters are not known.
Fiscal Impact Statement: This item does not authorize expenditures. The fiscal impact will depend on later action of the Board in adopting the budget.
Implementation and Assessment Plan
Recommendation: The Administration recommends that the Board approve the following Fiscal Year 2019-2020 Budget Parameters:
1. Preparation of the budget in accordance with State Law.
2. Preparation of the budget with maximum revenue limits.
3. Repurposing and adjustments of educational programming and departmental budgets to promote student achievement and a balanced budget.
4. Consideration of salary increases for all employee groups through the budget and negotiation processes to attract and retain qualified staff.
5. Consideration of employee benefit changes for eligible employees to identify cost savings and increase efficiencies.
6. Exploration of operating efficiencies.
7. Development of a budget that reflects a commitment to fair resources and an equitable education system for all students.
Approvals:
Recommended By:
Signed By:
Martha Kreitzman - Chief Financial Officer
Signed By:
Christopher Hauser - Interim Deputy Superintendent
Signed By:
Keith Posley, Ed.D. - Superintendent