Atlanta Public Schools FY15 Budget Community Meeting

Atlanta Public SchoolsFY15 Budget

Community Meeting

Charles A. Burbridge, Chief Financial Officer

March 27, 2014

FY15 Projected Revenue $633

FY15 Budget Request 658

Fund Balance ($25)Note: Projected starting fund balance for FY15 equals $83 million

Budget Summary

Millions

FY2015 Revenue Projection

Millions

FY14 Total Tax Revenue Total State Total Other Local

Revenue Projections 571 635 642 633

Changes From Prior Year 0 64 7 -8.8

565

575

585

595

605

615

625

635

645

FY14

Tax Revenue

QBE

Sale of Assets

FY15 Budgets by Chief

Millions

FY 2013 Actual

FY 2014 Amended

FY2015 Tentative

Instruction 352.0 356.2 369.7Operations 77.0 78.9 81.9Finance 6.9 7.0 7.8Human Resouces 5.7 8.2 9.2Organizational Advancement 1.4 1.5 1.9Superintendent 4.4 4.9 4.9Legal 3.5 4.9 4.9Technology 28.0 28.4 33.1District Wide 99.2 105.1 144.1Total 578.1 595.1 657.5

Impact of Non-programmatic Changes

Millions

FY 14 Amended

FY15 Tentative Change

Non-programmatic Adjustments

Instruction 356.2 369.7 13.5 16.0Operations 78.9 82.0 3.1 7.3Finance 7.0 7.8 0.8 0.5Human Resources 8.2 9.2 1.0 0.7Organizational Advancement 1.5 1.9 0.4 0.2Superintendent 4.9 4.9 0.0 0.5Legal 4.9 4.9 0.0 0.1Technology 28.4 33.1 4.7 1.3District wide 105.1 144.1 39.0 -3.0Total 595.1 657.6 62.5 23.4

Non-programmatic adustments include increases for vacancy management, furlough days, and benefits.

FY15 Budget Changes

Millions

Charter Schools 29Employee Pay Raises (3%) 15Instruction 7Eliminate Furlough Days 5Information Technology 4Vacancy Management (2.5%) 3FY15 Changes 63

TeachersBudget Budget

FY 2014 FY 2015 VarianceEarly Intervention Program 200 201 1Classroom Instruction 1604 1484 -120Kindergarten 197 191 -6Remedial Education 45 56 11Foreign Language 154 155 1ESOL/Bilingual 46 55 9Art 67 69.5 2.5Physical Ed. Elementary 131 142 11Music 64 65.5 1.5Band 32 36 4Orchestra 29 33 4Performing Arts 17 19 2JROTC (Army) 40 40 0Exceptional Children 388 389 1Gifted and Talented 140 140 0Career Education 71 71 0

3225 3147 -78

Questions & Answers

8