Building a Sustainable Future for Our Children

April 29, 2010School Boards Adopted Budget FY 2011

*Revenue Changes

RevenueFY 2011 Superintendents Proposed Budget $442,106,991

Changes:State Revenue All Funds $(2,226,463)Local Revenue $(106,250)

FY 2011 School Board Proposed Budget $439,774,278

*Expenditure Changes

ExpendituresFY 2011 Superintendents Proposed Budget $442,106,991

Reductions:VRS Retirement $(14,186,580)Group Life $(1,706,803)Retiree Health Care Credit $(888,121)Triennial Census $(125,000)Instruction reorganization costs reduced $(126,156)Total Reductions $(17,032,660)

* Expenditure Changes

Expenditures

Additions:Spring Staffing$1,486,000Instruction Bilingual Resource Assistant$33,870Instruction STEM Specialist$38,136Instruction 1st Lang. Support Teacher$45,776Instruction ESOL Science Specialist$38,136Instruction Chinese$150,274Clinical Psychologist$76,271

* Expenditure Changes

Expenditures

Additions:Career Advancement Program (CAP)$75,000Transportation sports/activities $231,028Evaluation costs$75,000School-based substitutes$370,000Information Services E scale positions$188,774Facilities & Operations M scale positions$117,704

* Expenditure Changes

Expenditures

Additions (continued):Additional OPEB funding $1,733,078Cafeteria Fund $885Grants & Restricted Programs Fund$830,000Reserve for OPEB and VRS$9,210,015Total Additions$14,699,947

FY 2011 School Board Proposed Budget$439,774,278

*Revenue Changes

RevenueFY 2011 School Board Proposed Budget $439,774,278

Changes:County Transfer$1,622,274State Revenue Grant Fund $(178,114)Federal Revenue Grant Fund$815,342Local Revenue Grant Fund$(4,397)

FY 2011 School Board Adopted Budget $442,029,383

* Expenditure Changes

ExpendituresFY 2011 School Board Proposed Budget$439,774,278Additions:Live Where You Work$80,800Planetarium partial restoration$114,250Grants & Restricted Programs Fund$632,831Enrollment Adjustment Reserve$100,000Reserve for OPEB and VRS additional funds$1,327,224Total Additions$14,699,947

FY 2011 School Board Adopted Budget$442,029,383

* Budget by Fund

School Operating Fund$358,289,643Community Activities Fund$13,753,819Cafeteria Fund$6,641,223Capital Projects Fund$4,641,371Comprehensive Services Act Fund$3,650,000Grants & Restricted Programs Fund$18,914,227Debt Service Fund$36,139,100FY 2011 SB Adopted Budget$442,029,383

Less Reserve for OPEB and VRS$(10,537,239)

FY 2011 Planned Expenditures$431,492,144

Cost per PupilBased on FY 2011 Planned Expenditures

ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 2010THE ARLINGTON SCHOOL BOARD HEREBY ADOPTS ITS FISCAL YEAR 2011 SCHOOL BOARD BUDGET CONSISTING OF A TOTAL OF $442,029,383 REQUIRING A COUNTY TRANSFER OF $358,504,225, A BEGINNING BALANCE OR CARRY-FORWARD OF $5,342,061, A CARRY-FORWARD OF $2,000,000 FOR THE RESERVE FUND, AND A CARRY-FORWARD OF $695,565 FOR THE OTHER POST EMPLOYMENT BENEFITS (OPEB) RESERVE BROKEN INTO THE FOLLOWING:

ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 2010The School Operating Fund at a total of $358,289,643 (which includes a $10,537,239 Reserve for OPEB and VRS), requiring a County transfer of $307,994,983 and a beginning balance or carry forward of $5,342,061.

The Community Activities Fund at a total of $13,753,819, requiring a County transfer of $6,838,830.

The Debt Service Fund at a total of $36,139,100, requiring a County transfer of $36,139,100.

ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 20104.The Cafeteria Fund at a total of $6,641,223, requiring a County transfer of $582,441.

5.The Capital Projects Fund at a total of $4,641,371, requiring a County transfer of $4,641,371.

6.The Comprehensive Services Fund at a total of $3,650,000, requiring a County transfer of $2,307,500.

ADOPTION OF THE FISCAL YEAR 2011SCHOOL BOARD BUDGETAPRIL 29, 20107.The Grants and Restricted Programs Fund at a total of $18,914,227, requiring a County transfer of $0. 8.The Reserve Fund at a total of $2,000,000, requiring a County transfer of $0 and a carry-forward of $2,000,000.

9.The Other Post Employment Benefits (OPEB) Reserve Fund at a total of $695,565, requiring a County transfer of $0 and a carry-forward of $695,565.

Building a Sustainable Future for Our Children

April 29, 2010School Boards Adopted Budget FY 2011

**********