Wednesday, April 1, 2009

Liveblogging budget hearing: Brian Allen on foundation

12 out of 13 in urban districts on per pupil basis: 46% is covered
same number of admin as in 1991
supplies and materials are donw 52%
tech funding is at the same flat level since 2003

Foundation funding formula
FY09 per pupil x by inflation= FY10 rate
278, 485, 000 this year
increase in LEP increase in enrollment, increase in low income, increase in Tech, $16.3 increase...for this year

City can take 45.6 of auditing purchases, tech, budget, treasurer, + they pay water and sewer= $5 million

Ch. 70 is level funded
$264, 122,266-278,485,880=14 million deficit
(the first number is the required; the second is the foundation)

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