FY 2015 Budget
Challenges
Fauquier County Public Schools
Excellence by Design
Budget Goals & Considerations
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Safety and security
Improve compensation and benefits
Promote 21st century teaching and learning
Support for advanced/GT studies program
Comprehensive facilities and growth planning,
including technology
 Enhance after school programs
 Transportation
Excellence by Design
Revenue Challenges
 Governor’s budget $300,000 less direct aid
 Composite index (local ability to pay) change
From .5377 to .5584 = $1.5 million
 Federal revenue not projected to rebound
from sequestration cuts
 Local funding increased in FY 2014 $1.5 million
Excellence by Design
Expenditure Challenges
 Benefit Increases
 Requests Received
 Compensation
Excellence by Design
Benefit Increases
 VRS increase (2.84%) $1.95 million
11.66% to 14.5%
 Health insurance increase (5%) $620,000
 Other benefit increases $100,000
$2.7 million
Excellence by Design
Requests Received
 Principals – 51 positions
 Technology second highest priority
 Not including operational requests
$7.2 million
Excellence by Design
Compensation
 Working to develop a multi-year
compensation plan
 Salary scales (1% = $1 million)
 Supplements
 Miscellaneous pays
 Bi-weekly pay plan
Excellence by Design
Budget Challenges
 FY2015 ‘heavier’ in requests
 To do tomorrow what we do today $1.7 m
How do we begin to address budget goals?
Excellence by Design
FY 2015 Budget Calendar
School Board Receives
• Budget calendar (10/15)
• 10-Year enrollment
projections (10/28)
Administration
• Gathers input from
stakeholders
• Compiles data
• Begins developing
proposals
Debt CIP to Building
Committee
Oct
Budget Development
Getting from A to B
Budgeting 101 presentation (2/3)
Governor’s budget
presented (12/20)
Budget work session (2/10)
School Board reviews
Debt CIP
County Admin’s budget (2/27)
Budget public hearing (2/24)
Dec
Nov
Administration
• Prioritizes all needs/requests
• Completes all cost analysis
• Begins developing budget in
conformance with goals
Mar
Adopt Superintendent’s
proposed budget (3/10)
Pre-Budget Public Hearing (11/25)
School Board receives Debt CIP
(11/25)
School Board adopts
final budget (4/28)
Apr
Feb
Jan
Work sessions as
needed
Joint SB/BOS mtg (3/13)
Debt CIP adopted (1/6)
Budget Challenges (1/13)
Budget presented to
School Board (1/27)
BOS public hearing (3/20)
Adoption of County’s
budget and tax rates (3/27)
Work sessions as needed
Excellence by Design