CFE agenda 01102022 - Laserfiche WebLink

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Fund Balance Appropriated The adopted budget reflects a reduction of$24,000 in county appropriations, while maintaining a modest increase of $225,000 in other miscellaneous revenues. This combination will net the District $201,000 to offset a small portion of the continuation and expansion budget. Given that $1,540,000 of the overall increase is targeted toward one-time, non-recurring expenditures,this budget appropriates$1,668,500 in local fund balance to offset those needs. Once the modest increase in local revenue and operating transfers are netted against our modest expenses, a need still remains for an additional $1,668,500 to balance the budget. The District appropriated$3.1 million in fund balance in its amended FY 2019-20 local operating budget. Forecasting the results of reduced operation due to the pandemic, it now appears none of that $3.1 appropriation will be utilized. Furthermore, as a result of optimization of State and Federal funding sources, the District will likely increase the level of its local fund balance at June 30, 2020. As a result, this budget reflects an additional fund balance appropriation of$1,668,500 bringing the total local fund balance appropriation to $3,208,500. This amount of appropriation will allow the District to maintain an actual unreserved undesignated fund balance at a comparable level to FY 2019-20. Summary FY 2020-21 Budget Request More than ever before, it is important to ENGAGE with our community to ensure that we can reopen schools safely and effectively while providing support to students who may need extra assistance to excel throughout the 2020-2021 school year. We will need to retain our talented staff to help our students overcome any obstacles. We intend to do that by providing State- legislated raises, removing the 16% supplement cap, and guaranteeing a Living Wage to all employees. The District's overall desire is to sustain our upward trends in student performance by continuing to empower, inspire, and engage EVERY student and staff members through our instructional programs, and services. The times ahead of us will certainly present challenges. We do not know what the economic outcome will be in the next month,two months, or even the coming years. This local operating budget will EMPOWER us to continue our vital work through remote learning and allowing us to sustain operations. It will ensure we can keep our programs and schools moving forward. Accomplishing the goals identified in our strategic plan will only be possible if our entire community is focused on student academic needs and social and emotional growth through continued funding of our schools. In recent months, we have been INSPIRED as our community has embraced students and families in need by providing daily meals and donating money for additional food for families. Staff, including cafeteria workers, bus drivers, volunteers, custodians, nurses, and social workers, are working hard to ensure that this happens every day in a safe environment. Teachers have professionally transitioned from in-person instruction to remote learning. Administrators are continually communicating plans to parents while easing their worries about the new educational paradigm facing us. Guidance counselors and support staff are helping our students feel connected to schools, reducing anxieties. We have indeed been inspired by each other as we have leaned on one another. empower inspire