Ok, so the budget isn’t the most exciting topic, but it is pretty important.  Here’s some info about the process, sent to us by the ACPS Parent Council:

 * School Board Public Hearing on Thursday, February, 4th at 6:30pm

  * County Executive’s Budget Proposed to Board of Supervisors, Friday,  February 19

 * Board of SupervisorsPublic Hearing on County Executive’s Budget, Tuesday, February 23

 * Board of Supervisors Meeting to Approve Advertised Tax Rate for 2016-17, Tuesday, March 8

  * Board of Supervisors Public Hearing on Proposed Operating and Capital Budgets, Wednesday, March 30

 *Video of Dr. Moran’s explaining the budget:  https://www.youtube.com/watch?v=Hh4s5lQN2NM

  

2016-17 Budget Fact Sheet

 

  • Proposed budget is $174.1 million, a 4 percent increase

 

  • Nearly $5 million of the $7 million in increased expenditures are for directed or mandated costs such as compensation, employee health care and retirement funding

 

  • A total of $900,000 is related to growth—just over $500,000 for special education, $430,000 for modular classrooms at Albemarle High School

 

  • Less than one percent of the budget is for new initiatives, mostly to restore professional development funds.  If approved, professional development would for the first time approach the 2008 budget when the school division had 1500 fewer students

 

  • Not fully funded is world languages in all elementary schools, instructional coaching program

 

  • Projected revenue is $172.6 million, a 3.3 percent increase

 

  • State revenue increase of $2.9 million to $48.8 million moves state share of per pupil funding to 28 percent, below the 32 percent of ten years ago

 

  • Local government transfer of $116.9 million is a 2.5 percent increase

 

  • Funding deficit is $1.5 million

 

 

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