April 30, 2025 at 5:30 PM - BUDGET COMMITTEE MEETING
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I. Call To Order
Speaker(s):
Board Chair
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II. Moment of Silence
Speaker(s):
Board Chair
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III. Pledge of Allegiance
Speaker(s):
Board Chair
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IV. Budget Discussion for FY26
Speaker(s):
Board Chair
Discussion:
Google Slide presentation on the board and handout given to board members. 2025 HCBOE Budget Work Session April 30
Slide 2 shows FY 25 projections and projected differences. Slide 3 shows FY fund balance and project operational fund balance. Plans are to ask the BOE to allow OPEB for non-certified employees not only certified. Slide 4 shows budgeted and projected revenues for FY 26. 78% of the the expenditures are salaries and benefits. Slide 5 shows FFY 26 cost of increased compensation. 4.5% pay increase for certified employees and select support employees, $1500 flat rate step increase for select support employees, daily substitute teacher increases - FY26 cost of increased compensation, $1,500,000. Slide 6 shows 25-26 $1,674,000 for Total Capital Projects Slide 7 shows FY projected operational fund balance, project deficit, and project ending operational fund balance |
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V. Adjourn
Speaker(s):
Board Chair
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