Finance Advisory Committee Recommendations
The Financial Advisory Committee (FAC) is designed to advise administration and the school board on economic and school finance issues and to build community trust in district finances. The committee is make up of community members, students, and staff/school board. They have formally met six times this year, with one more meeting scheduled in May. The FAC also held a
few optional meetings in March to finalize budget recommendations and prepare the April 16 report.
FY25 Budget Recommendations
Recommendation #1
Within revenue constraints, build an expenditure budget that maintains an unreserved fund balance of 8%; with growth toward 12% - 16% (2 months)
Recommendation #2
2% (current law) Increase in per pupil formula
Recommendation #3
4,212 K-12th grade adjusted pupil units (APU), with potential for increased enrollment if efforts to improve the student capture rate are successful
Recommendation #4
No change in local revenue
Recommendation #5
Expenditure recommendation
Understand the district cost drivers and the reasons for major variances from comparison districts on a cost-per-student basis
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