the school board of seminole county - Seminole County Schools

THE SCHOOL BOARD OF SEMINOLE COUNTYACTION ITEM: WORK SESSION SUMMARY – OCTOBER 11, 2011 IV.B.Item Number1. Superintendent’s Recommendation:That the School Board of Seminole County accept as part of its permanent record this report of theOctober 11, 2011 Budget Development for 2012/2013 Work Session.2. Background/Analysis:Chairman Schaffner called the meeting to order at 12:05 p.m. Cindy Barson was asked to address theaudience and read the PTA Proclamation, “Stand Up for Seminole County Public Schools.”Superintendent Bill Vogel gave a brief background of the past developments which have brought thedistrict to this point. SCPS is currently facing a $20,918,000 budget shortfall for the 2012-2013 SchoolYear. He gave an update of the Supervisor of Elections information concerning the dates anddeadlines for placement of any School Board initiatives on the ballot.In August, 2011, the School Board added budget saving ideas for consideration to the previouslydeveloped list. At the September 13, 2011, Budget Work Session, the School Board discussedpotential budget reduction items 1 – 13, included in the Work Session package. As a part of thepackage for the follow-up October 11 th Budget Work Session, potential budget reduction itemsdiscussed on September 13 th were noted as “Yes, No, or Maybe” according to the consensus of theBoard.John Pavelchak, Executive Director of Budget and Finance, updated the Board on the latest revenueprojections. The most recent reports from the Bureau of Economic and Demographic Research (EDR)indicate that over the last two months the 2012-2013 revenue projections for both the GeneralRevenue and the Ad Valorem taxes have deteriorated. State-wide property values have gone from aprojected increase of 1.3% to a projected decrease of 3.2%. The actual General Revenue is $51million below projections for the current fiscal year. The Governor’s budget proposal should becomeavailable in late November.Staff reviewed with the Board the potential budget reduction proposals (1-38) included in the packagefor the Work Session. The School Board requested that staff follow-up on certain items for whichsavings amounts have not yet been determined. The Board’s consensus on the various potentialbudget reductions is available on the following page and is incorporated into the summary of theOctober 11 th Work Session.The Work Session was adjourned at 4:55 pm.3. Fiscal Impact:There is no fiscal impact to the District at this time.4. Prepared by: John Pavelchak, Executive Director 5. Board Meeting Date 10/25/11Finance/BudgetAttachment(s): Potential Budget Reductions with listing of School Board consensusSupporting Information not in agenda book: None Materials for signature: NonePage 6