budget commission meeting presentation 05
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Fiscal Year 2013-14 Proposed Budget Presented by Superintendent Erroll B. Davis Jr. and Chief Financial Officer Charles A. Burbridge Atlanta Board of Education Budget Commission May 20, 2013. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: Budget Commission Meeting Presentation 05](https://reader035.vdocuments.us/reader035/viewer/2022062814/56816860550346895ddead42/html5/thumbnails/1.jpg)
Fiscal Year 2013-14 Proposed Budget Presented by Superintendent Erroll B. Davis Jr. and Chief Financial Officer Charles A. Burbridge
Atlanta Board of Education Budget CommissionMay 20, 2013
![Page 2: Budget Commission Meeting Presentation 05](https://reader035.vdocuments.us/reader035/viewer/2022062814/56816860550346895ddead42/html5/thumbnails/2.jpg)
2
Closing the Gap ($ Millions)Fiscal Year 2014 Budget (Projections)
Revenues $ 554.0 Add:
Beltline Payments 8.0
Property 8.5
Total revenues $ 570.5
Appropriations $ 614.9 Deduct:
Program/Personnel Reductions (4.3)
Bonus Elimination (9.7)
3 Furlough Days (4.5)
Vacancy Management (5.9)
Total Appropriations $ 590.5
Net Change to Fund Balance $ (20.0)
Fiscal Year 2013 Fund Balance 69.5
Fiscal Year 2014 Fund Balance $ 49.5