FY 2019 Budget Calendar Background: Each year, the School Board adopts a budget calendar to define the timeframe under which the proposed budget will be prepared, discussed, and approved. The School Board approves the budget calendar as part of setting the work and meeting schedule for both the Combined Funds and Capital Improvement Program (CIP) budgets. Recommendation: The Superintendent recommends that the School Board review the FY 2019 Draft Budget Calendar.
FY 2019 Budget Process Resolution & Rules of Engagement Background: Each year, the School Board establishes the process by which the Capital Improvement Program (CIP) and Combined Funds budgets will be developed, discussed, amended and ultimately approved through the adoption of a budget process resolution and the associated rules of engagement. The rules of engagement were developed and approved two years ago to establish written guidelines that all School Board members must follow throughout the budget process regarding the submission of budget questions and add/delete recommendations. Recommendation: The Superintendent recommends that the School Board review the FY 2019 Budget Process Resolution and Rules of Engagement.
FY 2019 - FY 2023 Operating Fund Fiscal Forecast Agenda Item Summary: The FY 2019 – FY 2023 Operating Fund Fiscal Forecast reflects the financial challenges that the Division will face in the coming years. Over the previous decade, student enrollment and expenditures have increased at a far quicker pace than the corresponding revenue has grown. ACPS Staff analysis shows that this trend will continue into the future, requiring a combination of revenue enhancements and expenditure reductions to balance sizeable projected budget gaps. For FY 2019, the projected budget deficit is $17.2 million. This figure already includes $5.2 million in anticipated additional City of Alexandria appropriation and $1.0 million in additional expected State revenue to reflect projected student enrollment growth of approximately 375 students. Each year, as expenditures outstrip revenues, the estimated budget gap will continue to expand. By FY 2023, the annual funding deficit projection grows to $51.1 million. This fiscal forecast begins with the FY 2018 Final Operating Fund Budget. In each fiscal year beginning with FY 2019, adjustments were made to reflect the anticipated revenue and expenditure assumptions. These assumptions (based on historical data and analysis of the operating impacts of the Capital Improvement Program) are clearly delineated on page one of the attached document. Background: In order to facilitate long-term planning and budgeting efforts, ACPS Staff provides the School Board with periodic updates on the long-term fiscal forecast of the Operating Fund. Recommendation: The Superintendent recommends that the School Board review the FY 2019 – 2023 Operating Fund Fiscal Forecast.
SOL Assessment Update and Next Steps Agenda Item Summary: ACPS division performance across content areas was largely consistent (+/- 2 percentage points) with the previous year. Subgroup results were either mostly consistent with previous years or displayed levels of slight decline. Subgroups that showed the largest decline across all content areas were Asian, SWD, and Hispanic students. Moving forward ACPS must focus on reversing these subgroup trends through the strategies delineated by Curriculum and Instruction to regain the progress and continued growth that was seen in recent years. Background: The Assessment Update: 2016-2017 Preliminary Results is provided to apprise stakeholders to both preliminary division and school level performance on key assessment results during the 2016-2017 school year. Many of these data are preliminary and are subject to change over the course of the coming month(s). As additional results become available (e.g. SAT, ACT and VA On-Time Graduation rates), supplementary analyses and reports will be provided. Recommendation: The Superintendent recommends review of the Assessment Update: 2016-2017 Preliminary Results for possible planning, procedural, programmatic, and/or budgetary changes.
FY 2019 Budget Calendar Background: Each year, the School Board adopts a budget calendar to define the timeframe under which the proposed budget will be prepared, discussed, and approved. The School Board approves the budget calendar as part of setting the work and meeting schedule for both the Combined Funds and Capital Improvement Program (CIP) budgets. Recommendation: The Superintendent recommends that the School Board review the FY 2019 Draft Budget Calendar.
FY 2019 Budget Process Resolution & Rules of Engagement Background: Each year, the School Board establishes the process by which the Capital Improvement Program (CIP) and Combined Funds budgets will be developed, discussed, amended and ultimately approved through the adoption of a budget process resolution and the associated rules of engagement. The rules of engagement were developed and approved two years ago to establish written guidelines that all School Board members must follow throughout the budget process regarding the submission of budget questions and add/delete recommendations. Recommendation: The Superintendent recommends that the School Board review the FY 2019 Budget Process Resolution and Rules of Engagement.
FY 2019 - FY 2023 Operating Fund Fiscal Forecast Agenda Item Summary: The FY 2019 – FY 2023 Operating Fund Fiscal Forecast reflects the financial challenges that the Division will face in the coming years. Over the previous decade, student enrollment and expenditures have increased at a far quicker pace than the corresponding revenue has grown. ACPS Staff analysis shows that this trend will continue into the future, requiring a combination of revenue enhancements and expenditure reductions to balance sizeable projected budget gaps. For FY 2019, the projected budget deficit is $17.2 million. This figure already includes $5.2 million in anticipated additional City of Alexandria appropriation and $1.0 million in additional expected State revenue to reflect projected student enrollment growth of approximately 375 students. Each year, as expenditures outstrip revenues, the estimated budget gap will continue to expand. By FY 2023, the annual funding deficit projection grows to $51.1 million. This fiscal forecast begins with the FY 2018 Final Operating Fund Budget. In each fiscal year beginning with FY 2019, adjustments were made to reflect the anticipated revenue and expenditure assumptions. These assumptions (based on historical data and analysis of the operating impacts of the Capital Improvement Program) are clearly delineated on page one of the attached document. Background: In order to facilitate long-term planning and budgeting efforts, ACPS Staff provides the School Board with periodic updates on the long-term fiscal forecast of the Operating Fund. Recommendation: The Superintendent recommends that the School Board review the FY 2019 – 2023 Operating Fund Fiscal Forecast.
SOL Assessment Update and Next Steps Agenda Item Summary: ACPS division performance across content areas was largely consistent (+/- 2 percentage points) with the previous year. Subgroup results were either mostly consistent with previous years or displayed levels of slight decline. Subgroups that showed the largest decline across all content areas were Asian, SWD, and Hispanic students. Moving forward ACPS must focus on reversing these subgroup trends through the strategies delineated by Curriculum and Instruction to regain the progress and continued growth that was seen in recent years. Background: The Assessment Update: 2016-2017 Preliminary Results is provided to apprise stakeholders to both preliminary division and school level performance on key assessment results during the 2016-2017 school year. Many of these data are preliminary and are subject to change over the course of the coming month(s). As additional results become available (e.g. SAT, ACT and VA On-Time Graduation rates), supplementary analyses and reports will be provided. Recommendation: The Superintendent recommends review of the Assessment Update: 2016-2017 Preliminary Results for possible planning, procedural, programmatic, and/or budgetary changes.