Jan. 13, 2014 Budget Sub Meeting

Agenda

Quincy School Committee
Budget and Finance Subcommittee
Mrs. Kathryn Hubley, Chair
2nd Floor Conference Room, NAGE Building
Monday, January 13, 2014
5:00 p.m.

  1. Quarterly Budget Status Report - Mr. Mullaney

  2. Adjournment – Thank You!

Minutes

Quincy School Committee
Budget & Finance Subcommittee Meeting
Monday, January 13, 2014

A meeting of the Budget and Finance Subcommittee was held on Monday, January 13, 2014 at 5:00 pm in the 2 nd Floor Conference Room at the NAGE Building. Present were Mr. Paul Bregoli, Mr. Noel DiBona, Ms. Barbara Isola, Mrs. Anne Mahoney, Mr. Dave McCarthy, and Mrs. Kathryn Hubley, Chair. Also attending were Superintendent DeCristofaro, Deputy Superintendent Kevin Mulvey, Mr. James Mullaney, Mrs. Maura Papile, Ms. Madeline Roy, Mr. Keith Segalla, and Ms. Laura Owens, Clerk.

Mrs. Hubley called the meeting to order at 5:05 pm.

Business Director James Mullaney presented the Quarterly Budget Review and began by giving an overview of the complete budget. Current funding allows for all contractual obligations and step/ level raises to be met, and addresses academic classroom sizes to keep them at or within School Committee guidelines. Grant funding has continued to shrink, down $650,000 this year. Circuit Breaker funding will be higher than projected by $500,000, leaving a potential deficit of $150,000 to be addressed. At this time, the budget is in good shape overall and anticipated savings on the salary side due to retirements and leaves of absence should make up the grant funding deficit. Grants and Revolving Funds will be reviewed at the upcoming February 5 School Committee meeting.

Academic Classroom Teachers and Academic Programs have expended 30% of their budget year to date. Level upgrades are due in February and data is being collected on the increases. Longevity payments cover 30 sick days paid out to retirees, so there is funding for a projection of 13 teachers retiring during FY2014. Academic Support includes Substitute Teachers, Directors, Coordinators, Clerical & Administration and all lines are on track. There is longevity funding for an additional two retirements. Non-Academic Support includes Clerical, Custodial, Security, Aides and after two quarters, these accounts are in line with projections.

Mr. McCarthy asked about the Athletics Aides; these positions are considered non-academic support. In the Maintenance line, the two bus mechanic positions remain. Food Service drivers are funded from the Food Services revolving account.

For Expenses, Special Education is the largest area of the budget. For both tuitions (academic expense) and Transportation (non-academic expense), these lines are on target. Textbooks account has largely been expended with just over $80,000 remaining.

For Non-Academic Expenses, Utility costs have continued to rise, especially electricity in response to increased use of technology. Bus repairs are funded from Transportation revolving account. There are no areas of concern at this time for expenses.

Mr. McCarthy made a motion to approve the Quarterly Budget as presented. Mrs. Mahoney seconded the motion and on a voice vote, the ayes have it.

Ms. Isola made a motion to adjourn the meeting at 5:30 pm. Mr. Bregoli seconded the motion and on a voice vote, the ayes have it.