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15 <br /> 1 Slide#20 <br /> THINK (AND ACT) <br /> KeepsDIFFERENTLY <br /> What <br /> Barriers to Improving Outcomes <br /> 2 <br /> 3 <br /> 4 Slide #21 <br /> Budget Impacts - Prior Year Unfunded Continuation Costs <br /> The FY 2022-23 Budget contained a$5 million appropriation of local <br /> fund balance consisting of: <br /> • $3.37 million of continuation needs generated by Mate <br /> mandated salary increases; <br /> • $1.25 million for the partial implementation of the classified <br /> employee compensation plan: <br /> • $247,000 to provide an additional 1%Increase to all CHCCS' <br /> certified supplement percentages: <br /> • $175,000 to provide an additional 2%Increase to the supplement <br /> percentages to all certified staff working in the Exceptional <br /> Children Division; <br /> • $420,000 to provide four weeks of local paid parental leave <br /> 5 <br /> 6 <br /> 7 Slide #22 <br /> Fund Balance <br /> • End of I=Y local unassigned fund balance is$5 million <br /> • Approximately$500,00D above the District's minimum target of <br /> 5.5%($4.5 million) <br /> • If no increase in local funding is obtained, the current <br /> unassigned fund balance will be-$4 million short to <br /> maintain educational services provided at FY23 levels <br /> • Simultaneously all of the District's unassigned fund <br /> balance would be eliminated <br /> 8 <br /> 9 <br />