The Scottsdale Unified School District Governing Board continued their conversation about the district’s proposed $173 million expenditure budget for fiscal year 2016-17 during a June 16 study session.
Originally presented during a June 7 regular board meeting, the governing board and top leadership continued their conversation during the study session as Scottsdale Schools Chief Financial Officer Daniel O’Brien pored over the budget content.
The Governing Board is expected to hear public comment regarding the proposed budget before voting to adopt it at 5 p.m. on Tuesday, June 21, at Coronado High School, 7501 E. Virginia Ave.
Changes made to the maintenance and operation budget capacity includes inflation increase, removal of additional inflation dollars, Prop. 123 monies and the reduction to the district’s experienced teacher index.
These changes result in about a $3.7 million increase to the budget for fiscal year 2016-17, according to, Mr. O’Brien. However, with expenditures associated to Prop 123, $5.4 million, the district will have a negative budget of just over $1.6 million.
Mr. O’Brien is recommending using a budget balance carry forward of $5.6 million to offset the difference.
The budget balance carry forward is created through position vacancies, said Mr. O’Brien, and through delayed expenditures through the operations of the district.
“We have them for fiscal responsibility for contingencies,” said Mr. O’Brien. “Budget balance carry forward is really kind of an area for a contingencies — maybe an oops, an emergency or we missed this number.”
The proposed $173 million budget breaks down to be:
- Maintenance and Operations: $154 million
- District Additional Assistance (includes capital over ride): $6.9 million
- Federal Grants: $12 million
The district estimates resident’s total tax rate will increase from $3.86 in 2015-16 to $3.92 for 2016-17.
The proposed budget is on the district’s website at www.susd.org.