Agenda Item
Meeting Date:
4/27/2017 - 6:30 PM  
Category:
Discussion Item (s)  
Type:
Info  
Subject:
2016 - 2017 Budget Update and Preliminary 2017 - 2018 Budget Review  
District Goals:
Goal 5
Effective and Efficient Use of Resources
 
Enclosure:
 
File Attachment:
2016 2017 Projections and 2017 2018 Prelim.pdf
 
Summary:
We are presenting for your review and consideration the following reports:
Preliminary budget for the General Operating Fund
Preliminary budgets for Child Nutrition and Debt Service
 
Budgetary Impact:
The preliminary budgets are presented for information, discussion and review. They reflect the anticipated revenue and projected expenses for the 2017-2018 school year given the current knowledge of the variable factors associated with school finance and CISD. We are using the current year revenue template given the fact that we are awaiting the preliminary tax rolls and the outcome of the Legislature. With that said, we are budgeting assuming a 10% growth in property values and an increase of 100 in our ADA. We will continue to review and update the projections as new information is available.  
Recommendation
Discussion item only. No action required.  
Approvals:
Recommended By:
Signed By:
Stacey Adrian - Director of Accounting and Finance
Signed By:  
Patricia Linares - Interim Superintendent