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HomeMy WebLinkAbout04272010 SCHOOLS 2010-11/2011-12 BIENNIAL BUDGET.,~~~. s~ : ~ .rV ~' '3i1 i~~^ ::. ,a la a--+ ClA m c6 O m O O U dJ N E Q O () O .~ .~ 4- N • O N Ol ~ ' `~ m ~ N lD .~, -tl~- ~: .~ ~~ ._ °o °o o° O 0 0 o O 0 0 o Q 0 0 ~ .~. 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B N O ~ O y ~ ~ „ rd b b N b yc O O m N V q O ~ ~i ~ O L V H N C m C m C m C m E m m ~ N u {J B T ~ t0 J 6: V « O u ` N VA b o R ~ V m m G O N A G N Z' ~ t N b O > m m A m A m A m A q m O u O G W d b O d v fA • Q L q q y O1 ~~ N - - ~ U E O •O •~ Y d r V N C ~ E a v C G m m m ~ Ql C m > ` 'C ~ W ~ 0/ ~ O ~ ai O ' C O y a LL' LL' 4' ~ O L C N L O yy 'O C b e y A m W s` c a ~ a a a c a c t = q E A y C Oci ~ ~ g o a a W u W c m l a m a l a l a ° d ~ F a v r V C = « Y Y C ~ O ° Q O N u b O b b O N O = ~ C a O q N ~ ~ C O N d O L O C q c q O _ A ~ C O O O A m A O N O ~. Z '~ O E O C ~ ~ N V V H ~ N ~ A O A O A O A O N N V a ~ O U C C 0 q C QI A O ~ O L O 7 m m O ~ O1 G C r b V W C ~ W O V F '~ h 0. 4 ~ K ~ C LL OC Y d W N C VI F O B O f0 O r A r t0 N O {7 10 P7 {9 ~ 10 M'1 N ID CD f~ N 00 OI O! M O ~ JS O 10 O 1~ O O~ O Vf OI Ip O! r N C7 l'f M O Q Q Q Q Q Cr O O O O C? O N N N N r a a O O 10 fp ~ r N N 10 t0 Y5 ~ O !b O h ~ ~ ep P7 M a v IA Y1 O O O r r ~ ~ Itr u'f 0'f M 4l Itt b fG O OI OI O O f0 b !b O a a N N O O O °a °a Vf N P~7 M 0 0 0 ~ ~ b t0 e o Yl Y1 Lh ~ O N e N M O Obi O W C1 d' W It7 OI N d' N 10 N h N 7 M m w d a J F W O ti ~ N W r a n LL 0' ~ LL n ~." Q ~ ~' J` ~~ ~1 •~ ~~~, ~ ~ o ..~ ~ o .^ ~ ? ~, ~ ~ ~ ~ 0 ~ ~ ~ ~ L ~' ,~ ~ . ~ ~ I' ~ QJ , ~3 ~ ~ ~ ~ ~ ~ ~ ~ c~ ~ ~ ~~ ~ ~ ~ ~ ~ c ~ 0 ~ '~ ~T ~ ~ ,,~ o ~ ~ ~ ~~ ~ n ~ ~ ~ ~ ~ ,~ ~~ ~ v ~ ~- . ~ ~' ~ r ,,' ~ J ~ ~ ~ ~~ ~. ~ Jr ,~ ~ ~ } ~ .~ .:~ ^ ~ ~ ~ r,. J ~ (f ~~ ~ ~ ~ ~ ~~ ~ ~ ~ ~ ~~~~~ ~ ~ ~ r ~ ~ ~ ~ . ~ ,. r~ .~ J ~ J ~.. ?1 #~ .•: ~ ..~ ~ 1 «. r ~ V 1RGINIA BEACH CITY PUBLIC SCHOOLS A H E A D O F T H E C U R V E BUDGET RESOLUTION - FY 2010111 SCHOOL BOARD Daniel D. Edwards Chairman District 1 -Centerville 1513 Beachview Drive VA Beach, VA 23464 495-3551 (h) • 717-0259 (c) William J. "Bill" Brunke, N Vice-Chairman District 7 -Princess Anne 4099 Foxwood Drive, Suite 201 Virginia Beach, VA 23462 222-0134 (w) • 286-2772 (c) Todd C. Davidson At-Large 2424 Savannah Trail VA Beach, VA 23456 427-3330 (w) •285.9409 (c) Emma L "Em" Davis District 5 - Lynnhaven 1125 Michaelwood Drive VA Beach, VA 23452 340-8911 (h) Patricia G. Edmonson District 6 -Beach 205 34" Slreet, #1515 VA Beach, VA 23451 675-0137 (c) Brent N. Mckenzie District 3 -Rose Hall 1400 Brookwood Place VA Beach, VA 23453 816-2736 (c) Ashley K McLeod At-Large 5508 Del Park Avenue VA Beach, VA 23455 552-0348 (h) Patrick S. Salyer At-Large 1741 Seaton Drive VA Beach, VA 23464 s2o-214101 D. Scott Seery At-Large 222 Central Park Ave. Sfe 1300 VA Beach, VA 23462 333-0042 (w) •353-7766 (c) Sandra Smith•Jones District 2 - Kempsville 705 Rock Creek Court VA Beach, VA 23462, 490-8167 (h) Carolyn D. Weems District 4 - Bayside 1420 Claudia Drive VA Beach,V:A 23455 464-6674 (h) SUPERINTENDENT James G. Merrill, Ed.D. 2512 George Mason Drive VA Beach, VA 23456 2s3-1oo7 WHEREAS, the mission of the Virginia Beach City Public Schools (VBCPS), in partnership with the entire community, is to empower every student to become alife-long reamer who is a responsible, productive and engaged citizen within the global community; and WHEREAS, the School Board of the City of Virginia Beach has adopted a comprehensive strategic plan and school improvement priorities to guide budgetary decisions; and WHEREAS, the School Board has studied the recommended FY 2010/11 Operating Budget in view of state and federal requirements, additional demands for space and operations, the strategic plan, priorities, expectations, competitive compensation for employees and the best educational interests of its students; however, the primary driver of the budget is the down economy and its impact of reduced revenues at the state and local level; and WHEREAS, the budgetary impact relating to final actions by the Virginia General Assembly is known at this time and the School Board adjusted the budget accordingly; and WHEREAS, VBCPS has for the past three years reduced its operating expenditures by over $50 million dollars less than budgeted levels during these fiscal years in anticipation of the current economic downturn; and WHEREAS, the savings achieved by VBCPS have amounted to over $26.2 million dollars, which would have normally been used for major one-time purchases; and construction projects, which have been deferred in anticipation of these economic challenges; and have budgeted to use $24 million of the $26.2 million over the biennium; and WHEREAS, the School Board intends to use these school-generated reserves and savings to offset major reductions in both state and local revenues over the next two years; and WHEREAS, the total funds available for FY 2010111 from the City of Virginia Beach to the School Board of the City of Virginia Beach under the Revenue Sharing Policy is $365,762,238; and WHEREAS, the debt service payment is estimated to be $43,859,978, leaving a balance of $321,902,260 to allocate between the Operating Budget and the Capital Improvement Program (CIP); and WHEREAS, the State now requires school divisions to segregate all technology related budgeted expenditures; VBCPS has now shown these technology funds in a separate fund (106 Fund) and these funds totaling $23,346,140 will be moved into the "other special revenue funds" shown below and the funds available to allocate to the Operating Budget are $298,556,120. NOW, THEREFORE, BE IT RESOLVED: That the $298,556,120 be allocated as follows: $298,556,120 to the Operating Budget, and $0 to the CIP; and be it FURTHER RESOLVED: That $8,800,000 of Reversion Funds for Year-Ended 6130/09 and $4,200,000 of the School Reserve Special Revenue Fund (both of these totaling $13,000,000) be added to the Operating Budget bringing the Operating Budget total with these additions to $311,556,120; and be it FURTHER RESOLVED: That the City of Virginia Beach has also transferred $4,104,000 from the Sandbridge TIF to the Schools CIP; and be it FURTHER RESOLVED: That the School Board of the City of Virginia Beach requests a Lump Sum Appropriation of $639,160,550 for FY2010111 from the City Council of Virginia Beach for the School Board FY 2010/11 Operating Budget; and be it FURTHER RESOLVED: That the School Board of the City of Virginia Beach requests an appropriation of $150,113,067 for special grants revenue funds comprised of Federal Grants in the amount of $66,895,598, State Grants in the amount of $15,524,028 and other special revenue funds in the amount of $67,693,441 for the 2010111 fiscal year and that the total of these funds be included in the Lump Sum Appropriation; and be it FURTHER RESOLVED: That the total of the Lump Sum Appropriation is $789,273,617; and be it Fu.RTHER RESOLVED: That a copy of this resolution be spread across the official minutes of this Board. Adopted by the School Board of the City of Virginia Beach this 20"~ day of April, 2010 SEAL Attest: D. G. Merrill, RTIFIED TO BE A TRUE AND CORRECT COPY Dianne P. Alexander, Clerk of the School Administration Building • 2512 George Mason Drive • P.O. Box 6038 • Virginia Beach, VA 23456-0038 CIlrk, ~I#y Q iPEllF118