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Meeting Date:
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2/16/2023 - 6:30 PM
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Category:
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Old Business and Action Items
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Type:
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Action
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Subject:
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Motion to Approve FY 2024 Combined Funds Budget (Documents have been uploaded.)
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ACPS 2025 Strategic Plan Goal:
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Goal 4: Strategic Resource Allocation ACPS will strategically provide differentiated resources and supports to schools and departments.
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Funding Source or Fiscal Impact (where applicable)
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File Attachment:
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Agenda Item Summary:
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The motion to adopt the FY 2024 Combined Funds Budget will be presented to the School Board on February 16, 2023
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Background:
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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.
On Thursday, January 5, 2023, the Superintendent proposed the FY 2024 Combined-Funds Budget for School Board consideration. This was followed by a series of work sessions, public hearings and staff responses to School Board questions.
On February 1, School Board Members submitted their Add/Delete proposals. On February 6, Members will co-sponsor the Add/Deletes of other Board Members. On February 9, the first Add/Delete work session was held and the School Board accepted the Superintendent’s proposed adjustments to the FY 2024 Combined Funds Budget.
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Recommendation:
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The Superintendent recommends that the School Board approve the FY 2024 Combined Funds Budget.
Motion to Adopt the FY 2024 Approved Combined Funds Budget
Madam Chair, I move we approve the FY 2024 Combined Funds Budget as follows:
• The FY 2024 Operating budget in the amount of $331,476,957 for both revenues and expenditures as shown in Attachment 2, including the adjustments shown in Memo, as
discussed and supported by the School Board during the February 9, 2023 budget work session. This includes other financing sources and uses, as well as a $6,850,557
planned use of general fund balance. The operating budget includes:
o 2,442.0 FTEs, an increase of 0.1% from FY 2023
o A total City appropriation request of $258,686,800, an increase of 4.0% from FY 2023
• The FY 2024 Grants and Special Projects budget in the amount of $17,850,779 for bothrevenues and expenditures as shown in Attachment 2, including the adjustments shown
in Memo, as discussed and supported by the School Board during the February 9, 2023 budget work session. This budget includes other financing sources and uses, and a total
of 125.45 FTEs, an increase of 23.4% from FY 2023.
• The FY 2024 School Nutrition Services budget totals $12,600,871 for both revenues and expenditures as shown in Attachment 2. There are no adjustments recommended to the proposed budget presentation. This budget includes 121.00 FTEs, which represents the same as FY 2023.
The Superintendent is granted the authority to make the necessary minor changes to comply with the intent of the School Board.
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Approvals:
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Recommended By:
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Signed By:
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Dominic Turner - Chief Financial Officer
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Signed By:
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Dr. Melanie Kay-Wyatt - Interim Superintendent
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Vote Results:
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| Original Motion | | Member Jacinta Greene Moved, Member Dr. Michelle Rief seconded to approve the Original motion 'The Superintendent recommends that the School Board approve the FY 2024 Combined Funds Budget.
Motion to Adopt the FY 2024 Approved Combined Funds Budget
Madam Chair, I move we approve the FY 2024 Combined Funds Budget as follows:
• The FY 2024 Operating budget in the amount of $331,476,957 for both revenues and expenditures as shown in Attachment 2, including the adjustments shown in Memo, as
discussed and supported by the School Board during the February 9, 2023 budget work session. This includes other financing sources and uses, as well as a $6,850,557
planned use of general fund balance. The operating budget includes:
o 2,442.0 FTEs, an increase of 0.1% from FY 2023
o A total City appropriation request of $258,686,800, an increase of 4.0% from FY 2023
• The FY 2024 Grants and Special Projects budget in the amount of $17,850,779 for bothrevenues and expenditures as shown in Attachment 2, including the adjustments shown
in Memo, as discussed and supported by the School Board during the February 9, 2023 budget work session. This budget includes other financing sources and uses, and a total
of 125.45 FTEs, an increase of 23.4% from FY 2023.
• The FY 2024 School Nutrition Services budget totals $12,600,871 for both revenues and expenditures as shown in Attachment 2. There are no adjustments recommended to the proposed budget presentation. This budget includes 121.00 FTEs, which represents the same as FY 2023.
The Superintendent is granted the authority to make the necessary minor changes to comply with the intent of the School Board.'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0. | | The motion Carried 8 - 0 | | | | | Meagan L. Alderton | Yes | | Jacinta Greene | Yes | | Dr. Michelle Rief | Yes | | Kelly Carmichael Booz | Yes | | Christopher Harris | Yes | | Abdel-Rahman Elnoubi | Yes | | Dr. Ashley Simpson Baird | Yes | | Willie F. Bailey, Sr. | Yes | |
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