A second section of Option 4, the Administration's current draft preliminary proposal to reduce the budget for next year, consists of a set of draft proposals addressing budgets across the district. It also includes the utilization of the district's fund balance to cover some district expenses, while maintaining a strong fund balance that continues to meet Board and State guidelines.
Section 2--Additional Draft Preliminary Proposed Budget Reductions
Item Total
Reduce substitute pay for professional development $1,100,000
Leave accrual reduction (2 days)-policy change required $750,000
Utilization of Fund Balance $15,000,000
Two days furloughs- require statute change $4,200,000
Reduce Strategic Compensation $400,000
Middle school standard bell time for transportations savings $250,000
Eliminate performance based incentive-Superintendent $25,000
Eliminate performance based incentives-Principals (Tactical Comp) $300,000
Reduce encumbrance carryover $2,500,000
Redesign up to five schools and two vertical teams,
accelerate closures (up to 3), consolidations and boundary
adjustments to improve quality of educational programs $3,000,000
Reduce the Athletic budget additional 3% for a total of 5% $367,173
Eliminate Dell Tech-know program $64,000
Subtotal Additional Reductions $27,956,173
