Agenda Item
Meeting Date:
6/2/2022 - 6:30 PM  
Old Business and Action Items  
Adoption of FY 2023 Combined Funds Budget  
ACPS 2025 Strategic Plan Goal:
Goal 4: Strategic Resource Allocation
ACPS will strategically provide differentiated resources and supports to schools and departments.
DB - Annual Budget  
Funding Source or Fiscal Impact (where applicable):
File Attachment:
220602_Att2_FY2023_FINAL_Fund_Statement_CombinedFunds_ v1.pdf
220602_Att3_FY2023_FINAL_Fund_Statement_Operating_ v1.pdf
220602_Att4_FY2023_FINAL_Fund_Statement_Grants_ v1.pdf
220602_Att5_FY2023_FINAL_Fund_Statement_SNS_ v1.pdf
220602_Att6_FY2023_FINAL_Fund_Statement_HealthBenefits_ v1.pdf
220602_Att7_FY2023_FINAL_Fund_Statement_Supp_Retirment_ v1.pdf
220602_Att8_FY2023_FINAL_Fund_Statement_OPEB_ v1.pdf
220602_Att9_FY2023_FINAL_Fund_Statement_SAF_ v1.pdf
Agenda Item Summary:
The attached motion to adopt the FY 2023 Final Combined Funds Budget reflects all School Board and Superintendent recommended budget adjustments since the FY 2023 Combined Funds Budget adoption on February 10, 2022.

The FY 2023 Final Combined Funds Budget includes the following:

• Total budgeted revenues and other financing sources of: $351,474,887
• The City Appropriation to schools for FY 2023 totals: $248,737,300
• Total budgeted expenditures of: $351,474,887
o Operating Fund: $321,826,737 including Use of Funds of $5,637,400
o Grants & Special Projects Fund: $17,610,664
o School Nutrition Services Fund: $12,037,486
• A planned use of fund balance: $9,319,437
• FTEs for FY 2023 total: 2,661.15
o Operating Fund: 2,438.50
o Grants & Special Projects Fund: 101.65
o School Nutrition Services Fund: 121.00
ACPS is moving forward in our efforts to realize the mission and vision established in ACPS 2025 strategic plan, and to prepare every student to have the skills necessary to be successful in the 21st century. We are guided by a commitment to providing equitable access to opportunities, and achieving academic excellence, where every school is high performing and every student succeeds. The adoption of the Combined-Funds Budget is an annual commitment to programs and activities for Alexandria City Public Schools.  
The Superintendent recommends that the School Board adopt the FY 2023 Final Combined Funds Budget as attached.  
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:  
Dr. Gregory C. Hutchings, Jr. - Superintendent
Vote Results:

Original Motion
Member Jacinta Greene Moved, Member Dr. Michelle Rief seconded to approve the Original motion 'The Superintendent recommends that the School Board adopt the FY 2023 Final Combined Funds Budget as attached.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 9 Nay: 0.
The motion Carried 9 - 0
Meagan L. Alderton     Yes
Jacinta Greene     Yes
Dr. Michelle Rief     Yes
Kelly Carmichael Booz     Yes
Tammy Ignacio     Yes
Christopher Harris     Yes
Abdel-Rahman Elnoubi     Yes
Dr. Ashley Simpson Baird     Yes
Willie F. Bailey, Sr.     Yes