Montgomery County Public Schools, Rockville, MD

Summary of Operating Budget Changes for FY 2008

This chart summarizes operating budget changes for FY 2008. It also shows the expected sources of additional revenue required to fund the budget. The largest reason for changes is employee compensation, including salary increments, negotiated salary adjustments, and employee benefits. There also are increases for employee benefits for existing employees, inflationary increases, and new program initiatives. These increases are partially offset by decreases related to enrollment changes, new school openings, and program reductions. Further detail on the changes is available in the Citizens Budget and the Recommended Operating Budget.

$ amounts in millions of dollars

FY 2007 OPERATING BUDGET (Nov. 2006)

$1,851.5

 

ENROLLMENT CHANGES
  Elementary/Secondary (6.2)
  Special Education (1.0)
  ESOL 0.2
  Transportation/Food Service/Facilities/Plant Ops 1.2
  Benefits for Staff (1.2)
  TOTAL ENROLLMENT CHANGES & RELATED BENEFITS (7.0)

Back to Top

NEW SCHOOLS
  Elementary/Secondary/Special Education (1.1)
  Food Service/Facilities/Plant Operations 0.2
  Benefits for Staff 0.2
  TOTAL NEW SCHOOLS AND RELATED BENEFITS (0.7)

Back to Top

EMPLOYEE SALARIES
  Negotiated Agreements (Tentative) 62.2
  Benefits for Negotiated Agreements (Tentative) 7.7
  Continuing Salary Costs 22.8
  Benefits for Continuing Salary Costs 2.9
  TOTAL SALARIES AND RELATED BENEFITS 95.6

Back to Top

EMPLOYEE BENEFITS AND INSURANCE
  Employee Benefit Plan (active) 10.6
  Employee Benefit Plan (retired) 2.2
  Retirement (3.1)
  Tuition Reimbursement 0.2
  FICA/Self-insurance/Workers' Compensation 0.8
  TOTAL BENEFITS AND INSURANCE 10.7

Back to Top

INFLATION AND OTHER
  Utilities 5.0
  Special Education Non-public Tuition 1.2
  Transportation 0.7
  Facilities/Plant Operations/Maintenance 1.0
  Inflation 2.3
  Technology 1.5
  Food Service 0.4
  Other 0.8
  TOTAL INFLATION AND OTHER 12.9

Back to Top

PROGRAM REDUCTIONS
  Central Services Reductions (1.1)
  Support Operations Reductions (3.1)
  Inflation Adjustments (0.8)
  TOTAL PROGRAM REDUCTIONS (5.0)

Back to Top

INITIATIVES
  Elementary Assistant Principals 1.6
  Elementary Art, Music, Physical Education Staffing 0.2
  Other Elementary School Improvements 1.0
  Middle School Enhancement Including Counselors 3.7
  High School Counselors 0.3
  Support for ESOL Students with Interrupted Education 0.2
  Poolesville High School Magnet - Phase in Grade 10 0.1
  Other High School Improvements 1.2
  School Support Improvements 1.3
  TOTAL INITIATIVES 9.6

Back to Top

OTHER
  RETIREE HEALTH TRUST FUND 16.1

Back to Top

RECOMMENDED FY 2008 BUDGET $1,983.7
  Less enterprise funds (54.3)
  Less grants (75.2)

Back to Top

SPENDING AFFORDABILITY BUDGET $1,854.2

Back to Top

REVENUE INCREASE BY SOURCE  
  Local $56.1
  State 74.2
  Federal (0.3)
  Enterprise 2.0
  Other 0.2
TOTAL REVENUE INCREASE $132.2

Back to Top

 

Updated January 26, 2007 | Maintained by Web Services