CFE agenda 01102022 - Laserfiche WebLink

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BOARD OF EDUCATION'S ADOPTED LOCAL OPERATING BUDGET For the Budget Year 2020-2021 LOCAL CURRENT OPERATING BUDGET PRIORITY EXPANSION COSTS Removing the 16%Cap on Certified Supplements for Employees Hired after June 30,2016 166,000 13.58 Total Expansion Budget Casts 166,090 13.58 Grand Total of Local Current Operating Budget Continuation and Expansion Costs 2,397,500 196.08 INCREASE IN LOCAL FUND REVENUES Orange County Appropriation Reduction(ADM Based) (24,0W) (1.96) Net Change in all other Local Revenues 225,0W 18.40 Total Increase in Local Fund Revenues 201,0M 16.44 Deficit in Local Current Budget Before Transfers 2,196,500 179.64 Optional Transfer from Fund 8 528,GW 43.18 Deficit in Local Current Operating Budget After Transfers 1,668,500 136.46 Non-Recurring Expenditures for Budget Year 20-21 Cost for Additional Year of Project Advance(Carryover in SPSF PRC 022 to cover$428,500),non-recurring,FBA) 540,000 44.16 Board Allocated Funds to Assist with COVID-19 Re-entry and Recovery Efforts,non-recurring,FBA 1,000,000 81.79 Total Non-Recurring Expenditures for Budget Year 20-21 1,540,000 125.95 Deficit in Local Current Operating Budget After Transfers and Non-Recurring Expenditures 3,208,500 262.41 Fund Balance Appropriation for Project Advance 540,000 44.16 Fund Balance Appropriation for COVID Re-entry and Recovery 1,000,000 81.79 Fund Balance Appropriation to Balance the Local Operating Budget 1,668,500 136.46 Total Local Fund Balance Appropriated 3,208,500 262.41 27