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SOCORRO CONSOLIDATED SCHOOLS

FY23 Budget Discussion

March 28, 2022

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BUDGET PROCESS

  • FTE Analysis
    • Using 120 day count with small size adjustments
    • Checking against class numbers/capacity
  • Site Meetings (Admin, Certified, Classified, Parent, Special Ed, Operations and Fed Programs)
    • Review 90 day plan to establish goals for FY23
    • ReviewĀ budgetĀ priorities list
    • Look over FY22 operationalĀ budgetĀ and discuss any anticipated changes for FY23
    • Look at Federal programs and establish a plan
    • Discuss Special Education needsĀ Ā 
  • Update Salary Schedules
  • Develop draft (using current budget amount)
    • Adjust for raises, increase in deductions, attrition, etc.
  • Discussion at SCS Board Meetings
  • Public Forum

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Community Input

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UNIT VALUE

  • FY23 Preliminary Unit Value has been set at $5,450.92
    • A 12.09% increase from FY22ā€™s $4,863.00

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ADJUSTMENTS FROM FY22*

  • 3% stipend on Ā¼ of FY22 wages
  • 7.12% Raise in Salaries (3% increase on FY22 and then additional 4% for FY23)
  • Increase of Schools District Minimum Wage to $15/hour
  • Teacher minimums increased to:
    • Level 1: $50,000
    • Level 2: $60,000
    • Level 3: $70,000
  • Principal Salary Increases as a factor of Teacher Salaries
  • Adjustment of Salary Schedule for compaction due to increases
  • 2% Increase in employer portion of ERB (bringing contribution to 17.15%)
  • Increase in employer portion of Medical Insurance (6% High Option and 3.2% Low Option)
  • 6.73% Increase in Risk Premiums

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*all adjustments to Teacher and EA Salaries subject to Collective Bargaining

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ANTICIPATED CHANGES FROM FY22*

  • Add San Antonio Principal Position
  • Add Full-Time AD
  • Add Activity Allocations for NMAA Sponsored Activites (Science Olympiad, FFA, and eSports)
  • Review Transportation Allocation for Athletics
  • Additional Position for San Antonio to ā€œun-comboā€ classes

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*all changes dependent on available budget