Budget Process Presentation

1. PGCPS Annual Budget Process
How We Receive and Spend Funds and Budget
Timeline
FY2013 Operating Budget Public Hearing / Superintendent of Schools / William R. Hite, Ed.D.

2. How We Receive & Spend Funds
Three (3) Components:
Superintendent’s Final State funding
BOE Reconciliation
Proposed Budget to decisions and
with County
the BOE (Dec) and County Budget
Decisions and
BOE Requested decisions w/public
approved funding
Budget to County school funding
levels (June)
Executive (Mar) recommendations
SLIDE 2

3. PGCPS Revenues – FY 2012
Total PGCPS revenues in FY 2012
were $1.614B Other 1%
Federal
7%
• Roughly 99% of revenues are
from three sources (all
formula-driven, based on
enrollment): County
38%
State of Maryland
County Government State of
Marylan
Federal Government d 54%
• The remainder of PGCPS
revenues are obtained from
Board sources
SLIDE 3

4. How We Receive & Spend Funds
BOE Timeline:
• Superintendent proposes spending plan
to BOE (Dec)
• BOE holds budget hearings and work
sessions (Jan-Feb)
• BOE submits Requested Budget to
County Executive (Mar 1)
• BOE Reconciles with County Approved
Budget (Jun)
SLIDE 4

5. How We Receive & Spend Funds
County Timeline:
• County Executive proposes budget to
County Council (Mar 15)
• County Council holds budget hearings
and approves budget (Mar–Apr)
• General Assembly approves budget
(Mar–Apr)
SLIDE 5

6. How We Receive & Spend Funds
State Timeline:
• Governor proposes budget to General Assembly (Jan)
• General Assembly holds budget hearings (Jan–Mar)
• General Assembly approves budget (Mar–Apr)
SLIDE 6

7. Revenue Drivers
K-12 enrollment plays a
significant role in determining
how much revenue is
anticipated to support the
District’s priorities and core
services. Please note that the
district receives no funds for
Pre-K enrollment (nearly 6500
students).
Current year enrollment
(September 30, 2011) is used in
the revenue projection for the
next fiscal year (FY 2013).
Decreased enrollment and
increased County wealth
(assessable base and income
tax) results in reduced per pupil
formula funding.
SLIDE 7

8. Priorities
Student-Based Budgeting
(SBB) allows school
administrators, parents, and
community members to
guide the decision-making
process for how school
budgets should be spent.
This new process, done
solely at the school level,
essentially gives the school
community more authority
over their school budgets,
encourages innovation and
enhances school
effectiveness.
SLIDE 8