Madison Elementary School District Extraordinary Learning for All Madison Elementary School District Proposed Budget 2013/14 May 21, 2013
Maintenance & Operation (M&O) Budget Parameters 1.8% Increase in Base Support Level $3, / weighted student count Additional 50 ADM Offset possible changes made in final state budget M&O Budget $32,269,526
M&O Budget 4% Salary Increase Lane Movement ASRS Increase (0.4%) Health Insurance Increase (3.74%) TOAs to Assistant Principals (Park, MTA) 1.0 FTE TOA (Heights) IB Program – Training, Fees, Coordinator (Meadows)
Classroom Site Fund (CSF) $310 Per Weighted ADM $310 Per Weighted ADM $535,000 Increase $535,000 Increase Budget Budget $3,183,130 $3,183,130
Maintenance & Operation and CSF Expenditures by Object
Capital Fund Parameters Unrestricted Capital Budget doubled for possible legislation combining capital funds $2,534,757 Soft Capital $1,587,816 No reduction to budget (86% 12/13) Capital Override $4,600,000
Questions?