Finance Update 12-1-2015. Mid-year Budget Update.

Finance Update12-1-2015

Mid-year Budget Update

Inflation Funding Settlement

May 17th, 2016

Special Election

What does this mean for Sedona?

$ 250,415 During the past years that the state didn’t honor inflation

funding, the SOCJUSD salary schedules were frozen.

If the settlement is approved, 100% of the inflation funding owed Sedona Oak Creek will be earmarked for staff pay increases on the salary schedule.

I encourage our staff and Governing Board to become familiar with the details of the settlement, they can be found on ASBA’s website.

Questions ?