Board Adopts 2015-2016 Budget

Monday, November 16, 2015 - 12:59pm

Plan eliminates transportation fee

The Adams 12 Five Star Schools Board of Education voted unanimously to adopt the 2015-2016 Financial Plan and Budget at its regular meeting on Wednesday, June 17. The plan includes the elimination of the $15 monthly transportation fee for those students who ride the bus. The fee was introduced in 2010-2011 when significant budget cuts had to be made due to reduced funding from the state.

While the state has begun to restore some funding for K-12 education, Adams 12 Five Star Schools will receive nearly $1,000 less per student than if Amendment 23 (calls for state funding to increase by inflation and growth every year) were fully implemented.

The plan reflects the successful work of the Interest Based Strategies (IBS) team that is made up of district administrative, school principal, board of education and teacher leaders. It calls for a 2 percent cost of living adjustment; a mid-year step (years of experience) or equivalent for all staff; and district coverage of the .5 percent PERA (SAED) increase which goes into effect 1/1/2016, the portion of the PERA increase designated to be paid by employees. The team also made changes to address the need for a more competitive starting salary to attract highly qualified teachers to the Five Star District.

The financial plan and budget makes additional investments in critical need areas including restoring assistant principal positions that were previosuly cut, investing in middle school counselors, providing additional bus service at the elementary level, allocating more funds to maintenance of facilities that were previously cut, and providing dollars to refresh classroom technology such as Chromebooks.

Fiscal Year 2015-2016 runs from July 1, 2015 to June 30, 2016.