Agenda - 09-30-2014 - 1-5 - Laserfiche WebLink

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CHAPEL HILL - CARRBORO CITY SCHOOLS 2014 -2015 CONTINUATION & EXPANSION BUDGET REQUEST CHAPEL HILL - CARRBORO CITY SCHOOLS PRELIMINARY 2014 -15 District Student Enrollment Projection 12,353 2013 -14 District Student Enrollment Projection 12,256 Projected Student Enrollment Growth 97 CONTINUATION BUDGET: State Mandates Amount Anticipated increase in employee health insurance - from $5285 to $5378 $ 102,300 Anticipated increase in state retirement employer match rate - from 14.69% to 15.21% 193,273 Legislated Employee Salary Increase -7% avg. for teachers; approx 3 % for other employees 2,500,935 Mandate for Differentiated Pay Plan 150,000 Subtotal S 2,946,508 Continuation of Current Services 1% Unemployment Insurance Reserve $ 50,000 Equal Opportunity Contract Northside Start-up Reduction 30,000 Reserve Fund for Homeless Transportation, Section 504 Program, and Interpreter Services 150,000 50,000 Sales tax charge on contracted services Reduce Gifted Specialists (4.5 )~TE) 150,000 Subtotal $ 280,000 Subtotal - Continuation Budget $ 3,226,508 EXPANSION BUDGET REQUEST: Signing Bonuses 2014 -15 $ 60,000 Additional Custodian for Culbreth Science Wing Addition 39,349 Subtotal - Expansion Budget $ 99,349 GRAND TOTAL - BUDGET REQUEST $ 3,325,857 NET INCREASE IN REVENUES 2,145,705 BUDGET SHORTFALL $ (1,180,152) STATE BUDGET REDUCTIONS (to cover locally): 3% Central Office Salary Reduction PRC002 $ (20,423) 1% Transportation Reduction PRC056 (12,828) Local Savings from Loss of Longevity Pay for Teachers 302,273 GRAND TOTAL OF LOCAL BUDGET SHORTFALL (911,130) Local Reductions Central Office Reorganization Salary Reduction $ 25,000 Reduction in Central Office Contracted Services 60,000 Northside Start-up Reduction 32,000 NCVPS Local Reserve Reduction 150,000 Class Size Minimums at Secondary Level (2.2 FTE) 157,326 Reduce Gifted Specialists (4.5 )~TE) 321,804 Reduce Driver Education Local Subsidy 40,000 Custodial Services 125,000 Total $ 911,130 2 -5