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Slide 2 Superintendents Recommended Budget: FY 2013-14 Rockingham County Public Schools March 20, 2013 Slide 3 2013-14 RCPS Budget Timeline To Date Oct, 2012Budget process begun Jan 14, 2013Public hearing at BHS Jan 28, 2013Board reviewed all expenditure requests Feb 11, 2013Board reviewed state revenue Feb 25, 2013Budget priorities discussed Mar 11, 2013Budget update Mar 20, 2013Superintendents Recommended Budget Mar 25, 2013 Public Hearing at JFHMS Mar 27, 2013Anticipated Board action on budget Slide 4 Slide 5 Expenditure Highlights 2% Average Salary Increase$1,600,000 for Employees Salary Correction$400,000 Slide 6 Expenditure Highlights (continued) Health Insurance$700,000 o October 1 annual renewal o Anticipated 5.8% Anthem Renewal increase o Both the employer and employee are expected to experience an increased cost next year. Slide 7 Expenditure Highlights (continued) Instructional Needs$134,635 o Increased Summer School o 7 th grade career planning software o Anti-bullying materials o Technology resources for video streaming in the classroom Slide 8 Expenditure Highlights (continued) Additional Needs o Parent Notification System (Safety) o Stipends for Content Coordinators (Curriculum Articulation) Slide 9 Expenditure Highlights (continued) Increase Substitute Rates$215,000 by 15% o Teacher rate increase from $65 to $75 Substitute Calling System$15,000 Slide 10 Slide 11 Slide 12 Revenue Highlights State Compensation supplement$665,000 o SOQ positions only Slide 13 * Sequestration impact unknown at this time. Slide 14 Revenue Highlights Local Request FY 2013 Original Operating Budget$50,025,000 Amended Health Insurance Funding$135,800 FY 2013 Total Funding$50,160,800 FY 2014 Local Increase$2,339,200 FY 2014 Total Request$52,500,000 Slide 15 Revenue Highlights Local Meals Tax Revenue Update o FY 2013$850,000 o FY 2014$860,000 Slide 16 The Good News in this Proposed Budget Provides average 2.0% salary increase for employees Provides for a salary correction Keeps support for instruction and the classroom a priority Slide 17 Slide 18 Slide 19 Local Funding Recap Operating Fund$2,339,200 Textbook Fund$662,000 Total Request of Additional Funds$3,001,200 Slide 20 2013-14 RCPS Budget Process Timeline Continues March 25, 2013Second Public Hearing J. Frank Hillyard Middle School, 7:00 PM March 27, 2013Anticipated School Board Action on FY 2013-14 Budget School Board Office, 5:00 PM Information available: Superintendents Office Dr. Carol Fenn 564-3230 Slide 21 Rockingham County Public Schools Where Each Employee Makes A Difference! Slide 22