File #: 17-0502    Version: 1
Type: Work Session Item Status: Filed
File created: 10/9/2017 In control: City Council
On agenda: 10/12/2017 Final action: 10/12/2017
Title: Council Consensus: Education Department
Sponsors: City Council
Attachments: 1. Education Department Detail.pdf, 2. Education by Fiscal Year.pdf

ITEM TITLE: 

Council Consensus: Education Department

 

SUBMITTED BY:  Brian Carlson, Finance Director

 

FISCAL NOTES: 

Expenditure Required: N/A

Unencumbered Balance: N/A

Funding Source: N/A

 

RECOMMENDATION:

Provide consensus for final budget figures

 

SUMMARY STATEMENT:

                     Staff-recommended objective of this agenda item is to set the appropriation, and to use periodic Board/Council workshops to discuss operations and planning.

                     Council continues to advocate for maximum allowable school funding, which this budget reflects.

                     City Budget reflects the average of two fiscal-year school budgets.

                     City holds a $500K School Budgetary Reserve to allow for mid-year funding fluctuations without disrupting other City budget items or necessitating funding from General Fund balance.

                     College and Dual-Credit program funding are embedded in the Community Service Organization (CSO) department.  Staff may recommend grouping all these items within the Education department with future budgets to provide a better analytical framework.

                     Attachments:

o                     Education Department Detail

o                     Education Budget by Fiscal Year