March 3, 2022 at 7:30 AM - Budget Committee

Description:  The purpose of this agenda item is to review the projected end of the year balance. The 21-22 Fund 10 budget approved by the School Board in October was balanced and included a $100,000 contingency. As of the end of February, no expenditures have come from the contingency fund and no other significant changes to the budget have taken place. Some budget items to be aware of are higher than usual expenditures for both legal expenses and utility expenses and there are lower than usual expenditures for the transportation budget. We will continue to monitor the 21-22 budget throughout the remainder of this fiscal year.

Description:  The purpose of this agenda item is to discuss potential end of the fiscal year strategies. The 2022-2023 budget planning process includes some options that are built around cost savings in the 2021-22 fiscal year. Administration will review these strategies and will be requesting feedback from the committee. Please see the handout under item VI.B. that is associated with this agenda item as well.

Description:  The purpose of this agenda item is to review the 2022-2023 budget process timeline. Attached please find the budget timeline. 

Description:  The purpose of this agenda item is to review the budget planning process for 2022-23. Attached please find the class size data for Grades 7-12, options for budget planning for 2022-23, and the preliminary Budget Planning Process document for 2022-23.

The class size data for Grades 7-12 was requested at the last Budget Committee meeting. The options for budget planning document will be discussed at the meeting based on the feedback from the Human Resources committee, which meets on Wednesday, March 2, 2022. We look forward to hearing your feedback.

Description:  The Human Resources Committee will meet on Wednesday, March 2. The committee will be discussing options for moving forward with compensation increases for the 2022-23 school year. Administration will share the feedback from the Human Resources Committee with the Budget Committee in regards to budget planning.

Description:  The purpose of this agenda item is to review a request to two bilingual teachers for the 2022-2023 school year. Attached please find the request from Chris Mand.

Typically, Special Education and English Language Learner staffing requests can be connected to students who are moving into our district with existing educational plans for these services.

Districts are able to request transfer of service funds for these students which pay for a large majority of the increase in the staffing requests. The portion of the staffing request connected to state categorical aid is subtracted from the transfer of service funds. State categorical aid is provided the year after an expenditure is made. This request is a result of student enrollment increases in the English Learner program and administration will be requesting transfer of service funds for staffing increases in both the Special Education and English Language Learner departments. Administration is seeking approval of this request for the March school board meeting.

Description:  The November 2022 referendum process will include both a capital referendum question and an operational referendum question. The connection between our budget planning process and the November 2022 operational referendum question will be critical in the development of the budget drafts later this spring.

Erik Kass from PMA Financial will be joining us at the meeting to discuss the topic of the district's debt service schedule and the goal of tax rate consistency across time. Erik will be presenting a new option for paying down debt this spring and this new option provides increased tax payer savings compared to the options reviewed previously. We will be seeking feedback from the committee on this potential approach.

Description:  There are no proposals for review this month.

Description:  None.

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