2. Factors Impacting the Budget FY2013-2014 Revenue Shortfalls Salary/VRS 1% Implementation Salary Increase 1% equates to 2% on January 1, 2014 No Furlough Days Health Insurance Rate Increase

3. NET REVENUE CHANGES BY CATEGORY One-Time Funding:- $ 6,829,300 Net State Revenue Gain:4,148,658 Net Other Revenue Loss:-822,400 Net Federal Revenue Gain: 55,500 Net Revenue Change - $ 3,447,542 Net Revenue Changes FY2013-2014

4. NET EXPENDITURE CHANGES BY CATEGORY 1% Salary Increase with 1% VRS Offset$ 450,000 1% Raise (2% January 1, 2014-qualifies for state funding) 1,800,000 Reinstate Furlough Days (5)3,387,200 Health Care (estimated 10% increase) 2,500,000 EpiPens18,000 Athletic Trainers 10,000 Net Expenditure Change $ 8,165,200 Net Expenditure Changes FY2013-2014

5.  Revenue Decreases$ 3,447,542  Expenditure Increases$ 8,165,200  FY2014 Funding Gap $11,612,742 Projected Budget Summary FY2013-14

6. Proposed Budget Changes FY2013-14

7. Proposed Budget Changes FY2013-14