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Fiscal Year 2013-14 Proposed Budget Presented by Superintendent Erroll B. Davis Jr. and Chief Financial Officer Charles A. Burbridge Atlanta Board of Education Budget Commission May 20, 2013. - PowerPoint PPT Presentation
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Fiscal Year 2013-14 Proposed Budget Presented by Superintendent Erroll B. Davis Jr. and Chief Financial Officer Charles A. Burbridge
Atlanta Board of Education Budget CommissionMay 20, 2013
2
Closing the Gap ($ Millions)Fiscal Year 2014 Budget (Projections)
Revenues $ 554.0 Add:
Beltline Payments 8.0
Property 8.5
Total revenues $ 570.5
Appropriations $ 614.9 Deduct:
Program/Personnel Reductions (4.3)
Bonus Elimination (9.7)
3 Furlough Days (4.5)
Vacancy Management (5.9)
Total Appropriations $ 590.5
Net Change to Fund Balance $ (20.0)
Fiscal Year 2013 Fund Balance 69.5
Fiscal Year 2014 Fund Balance $ 49.5