School Board Approved Budget:FY 2012-13
Submitted to Board of Supervisorsfor Approval
Rockingham County Public Schools
March 28, 2012
School Board Approved Budget:FY 2012-13
Submitted to Board of Supervisorsfor Approval
Rockingham County Public Schools
March 28, 2012
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2012-2013 RCPS Budget Timeline
Oct, 2011 Budget process begun
Jan 10, 2012 Public hearing at CRES
Jan 23, 2012 Board reviewed all expenditure requests
Feb 13, 2012 Board reviewed Governor’s budget
Feb 27, 2012 Governor, Senate & House budgets
Mar 12, 2012 Budget Priorities Discussed
Mar 21, 2012 Superintendent’s Recommended Budget
Mar 26, 2012 Public Hearing at DLC
Mar 28, 2012 Board Approved Budget
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Expenditure Highlights
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Expenditure Highlights (continued)
VRS “5 for 5” Shift (Plan 1 Employees) $578,930o From VRS line to salary lineo Increased expense to RCPS
VRS Hold Harmless (Plan 1 Employees) $485,260o Increased employee FICA on 5% adjustment
in salary
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Expenditure Highlights (continued)
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Expenditure Highlights (continued)
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Expenditure Highlights (continued)
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Expenditure Highlights (continued)
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Expenditure Reductions
Supplemental Retirement Program $200,000
Transportation $50,000
Maintenance $50,000
Food Service $96,000o Transfer of Funding Source for Food Service Expense
Technology (2 positions - attrition) $100,000
Additional Reductions TBD $140,000
TOTAL $636,000Slide 12
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Revenue Highlights – StateBased on House Version
No General Assembly Approved Budget
Overall State Funding Down $153,459
Contributing Factors:o Decreased ADM (11,350 -> 11,203)o Increased Composite Index (34.89 -> 36.75)
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Revenue Highlights - Federal
Title II Part A Decrease $168,000
Title II Part D Eliminated $12,500
Federal Jobs Bill Revenue $2,526,000
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Revenue Highlights - Local
*Change from March 21, 2012 request
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The Good News in this Proposed Budget
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Rockingham County Public Schools--
Where Excellence is Commonplace
Rockingham County Public Schools--
Where Excellence is Commonplace
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