FY13 First Quarter report: updated with notes

Find the back-up here
Account by account here

Update: sorry, I was asking questions, and so missed posting any notes. Here are a few from last night's meeting.

As per usual, the first quarter account has the "vacancy factor" for several accounts, as positions that became empty at the end of last year or over the summer weren't filled immediately. Thus several accounts have projected balances from salaries that did not need to be used for that time.

Currently, there are 12 custodians out on workers' compensation, which is why there is a projected balance in this account and is (partly) why there is a projected deficit in the workers' compensation account.

Personal services and tuition are both projecting deficits at this point (of $130,000 and $200,000, respectively) due to increased need and projected increased costs due to potential placements out-of-district.

Instructional supplies and materials is the account has the reserve we've set aside for changes in charter school assessment (this doesn't entirely get sorted out until the city sets the tax rate). There's $350,000 in this account for that; in looks as though we're going to get hit to the tune of $528,527 this year.

Facilities ordinary maintenance is projecting a deficit of $70,000 at this point, due to the increase in the trash removal contract. We're now paying $1.82 per cubic yard for trash and $.89 per cubic yard for recycling (and will be through July 10, 2015). In an effort to bring this cost down, we'll be piloting a program to cut down (or eliminate) liquids in the lunchroom trash, as liquids can be 20% or more of the weight of cafeteria trash. We also had a bit of conversation around increasing recycling and the implementation of composting (particularly at North High, which has a composter in their kitchen).