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Initiative: Fund Balance Appropriation with $81 Per Pupil Increase <br />Implementation Timeline and Budget <br />2015 -2016 Amount Notes <br />Fund Balance Appropriation $370,916 <br />Increase Required to Balance <br />Expected Results <br />The 2014 -2015 Adopted Budget includes $1,134,400 in fund balance. With the increase, $1,505,316 will be <br />necessary to balance the 2015 -2016 budget <br />Evidence or Reasoning for this Recommendation <br />The July 1, 2014 unassigned fund balance amount was $2,498,886. Approximately 40% of the available <br />unassigned fund balance would remain, assuming no changes between 2014 -2015 and 2015 -2016 fiscal years. <br />In order to balance the budget in subsequent years either an increase in the county appropriation or additional <br />budget reductions would be required to develop a balanced budget. <br />Contact Person: Donna Brinkley, Chief Finance Officer <br />H <br />