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Board hears second budget presentation, approves proposed $117M inflow plan
Summary
In a second budget hearing, the board reviewed projected revenues and expenditures, including a $43 million general-fund beginning balance and an estimated $117 million in total inflows, and approved the budget by voice vote.
Mister Godwin presented the board with the district's second budget hearing, telling members the district's "beginning balances, expected October 1 next week, [will] start off the year right at $43,000,000 in our general fund," and a projected total of about $117,000,000 in revenues.
He outlined major revenue sources and drivers, saying state foundation funding is the largest single source ("72,000,000 is the largest source") and that local discretionary revenues total roughly $24,000,000. Godwin described program-level changes to the budget: a roughly $500,000 increase for transportation, a nearly $800,000 increase for advancement/technology funds, and a small decrease in the school nurses allocation. He warned that enrollment and earned teaching units drive funding and that declining average daily membership reduces earned units and staffing formulas.
Board members asked clarifying questions about district-level paid certified units and specific program funding; Godwin said those district-level units include gifted program positions and a district-wide "project search" program. After discussion, the chair called for a motion to approve the budget. The motion received a second and passed by voice vote.
The board's action moves the proposed budget forward with the expectations Godwin outlined, including the use of capital outlay and advancement technology funds to cover some planned projects and a plan to monitor reserves and enrollment.
