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Atlanta Public SchoolsBudget Commission Meeting
Charles A. Burbridge, Chief Financial Officer
February 25, 2014
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Five Year Analysis of Local Tax Revenues
FY 2011 FY 2012 FY 2013 FY 2014 Budgeted
FY 2015 Forecast
$300
$400
$500
$600
$460
$425
$395 $401
$442
Million
s
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FY2015 Revenue Projection
Millions
FY14 Total Tax Revenue Total State Total Other Local
Revenue Projections 571 612 619 610
Changes From Prior Year 0 41 7 -8.8
555
565
575
585
595
605
615
625
FY14
Tax Revenue
QBE
Sale of Assets
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FY2015 Appropriation
Millions
FY14 Charter Schools
Pay Raises 3%
Bandwidth/Tech Sup-
port
Media Para Bus Driver Conversion
RT3 Transfer Instruction Furlough/Vacancy
Mgt.
Benefits
Appropriation 595 605 616 623 622 629 631 640 650 655
Changes in Appropria-tions
0 10 11 7 -1 6 2 9 10 5
595
605
615
625
635
645
655
595
605
616
623 622
629631
640
650
655
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FY15 Projected Revenue $610Fund Balance Usage 20Total Revenue $630
FY15 Budget Request 655
Budget Request Shortfall ($25)Note: Projected ending fund balance for FY14 equals $73 million
Summary of Changes
Millions
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FY14 FY13 FY14 Total December Cumulative FY14 Projected FY15 Projected
Allocation Carryover Allocation Available Expenditures Allocation Remaining Allocation
Federal Title Programs $ 52 $ 25 $ 77 $ 18 $ 59 $ 60
Direct Federal & State Programs $ 36 $ - $ 36 $ 8 $ 29 $ 36
General Fund Special Revenue $ 3 $ - $ 3 $ 1 $ 2 $ 3
Other Special Revenue Programs $ 34 $ 11 $ 46 $ 23 $ 23 $ 30
Special Revenue Grand Totals $ 125 $ 36 $ 162 $ 50 $ 113 $ 129
as of December 31,2013
Special Revenue Analysis Summary
Millions
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•South Region March 20th •North Region March 27th
•East Region April 1st
•West Region April 3rd
Community Meetings
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Questions & Answers
8