St. Louis Public Schools Board of Education- Budget Work Session

Prepared by the Finance Division

Dr. Diana Bourisaw

Superintendent

Mr. Enos K. Moss

Interim CFO/Treasurer

January 9, 2007

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Topics for Discussion

Status of fiscal 2007 General Operating budget (GOB) review

Proposed negative budget adjustments Proposed budget reallocations Other potential budget risks Justifications and points of interest

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Proposed negative budget adjustments

ISSUES BEING ADDRESSEDESTIMATED COST

($ in millions)

Charter Schools ( revenue reduction) $ 2.3

Legal 0.6

Building repair and Maintenance 0.5

Professional Development 1.4

Early Childhood (Parents As Teachers) 0.5

Community Development 0.1

Food Service 0.7

Salaries per Local 420 negotiations ( Board approved Jan 02, 2007) 0.8

Total $6.9

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Proposed budget reallocations

Major Area Reduction

Career Education Tuition* $3.0

Savings from budget freeze and reductions* 3.9

Grand Total $6.9

$ in millions

*Based on realignment of budget with actual student count

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Proposed budget reallocations (contin.)Savings from budget freeze and reductions:

$ in millions

Salaries/Benefits $ 0.1 Professional/Technical 1.8 Printing 0.3 Supplies/Software 1.0 Equipment 0.4 Miscellaneous 0.3Total $ 3.9

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Other potential budget risks Charter Schools Other repairs and maintenance Utilities

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Justifications and points of interest Proposed Budget allocations

based on actual enrollment Failure to pass budget will result

in inability to comply with State law and will handicap operations

Budget as proposed will allow resources to be used more efficiently. This will in turn provide a more equitable distribution of $’s in the classroom.