Superintendent’s Recommended Budget: FY Rockingham County Public Schools March 20, 2013

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, 2013Superintendent’s Recommended Budget  Mar 25, 2013 Public Hearing at JFHMS  Mar 27, 2013Anticipated Board action on budget

Expenditure Highlights  2% Average Salary Increase$1,600,000 for Employees  Salary Correction$400,000

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.

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

Expenditure Highlights (continued)  Additional Needs o Parent Notification System (Safety) o Stipends for Content Coordinators (Curriculum Articulation)

Expenditure Highlights (continued)  Increase Substitute Rates$215,000 by 15% o Teacher rate increase from $65 to $75  Substitute Calling System$15,000

Revenue Highlights – State  Compensation supplement$665,000 o SOQ positions only

* Sequestration impact unknown at this time.

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

Revenue Highlights – Local  Meals Tax Revenue Update o FY 2013$850,000 o FY 2014$860,000

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

Local Funding Recap  Operating Fund$2,339,200  Textbook Fund$662,000  Total Request of Additional Funds$3,001,200

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 Budget School Board Office, 5:00 PM Information available: Superintendent’s Office Dr. Carol Fenn

Rockingham County Public Schools … Where Each Employee Makes A Difference!