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4) The circuit breaker exposition in the revenue offsets section does not show any turn back of circuit breaker funds. The total expended line includes any turnback for account balance purposes, but we can add a note or a separate line to identify turnbacks from expended amounts. 5) Does the budget take the 14% OOD tuition increase for FY2024 into account? Yes, the tuition increase is included in the calculation of tuition projections. For FY 2024, we are fortunate to have a significant increase in the number of “age-outs” (students reaching age 22). We also have over $700K additional in offsets available (Circuit Breaker and grants) to apply against the tuition line. We anticipate that we would see a greater impact from the 14% tuition hike in the FY 2025 budget and beyond. 6) We have heard that there have been significant changes in the estimated salary differential item, and would like to hear about it from your perspective. Every year we experience varying levels of staff turnover and through it salary churn between the end of school year and the opening of the new year. In the past few budgets, we have targeted this number at $750K to $850K against the salary line. In FY 2018 it was $1M. In reality the number has been higher, more in the $1.3M to $1.4M range. Because the district had to address immediate and significant student needs, we increased the savings target to add the flexibility to hire the necessary staff. We recognize that this impacts potential turnback funds which could impact FY 2025, but the immediate legally-mandated needs of the students are paramount. In addition, we have experienced a significant increase in vacancies during the school year, which is simultaneously yielding additional turnback funds. These vacancy savings have been approximately $400K to $500K per year pre-pandemic to about twice that amount in the last couple of fiscal years. Given these indicators, it would appear to be a lower-risk option than opening ourselves us to possible legal challenges, cutting a program, expense line, or existing staff. 7) The term “revenue offset” can be interpreted several ways. Clarify please. For our purposes, revenue offsets are revenue generated from departmental activities, such as athletic fees, bus fees, and circuit breaker reimbursements that reduce the district’s expenses funded by the operating budget allocation. 8) This may be nit-picking, so please let me know if it is. The table on expenses on Expenses pp.2-3 doesn’t use the latest enrollment data. Not at all; if there are inaccuracies in the information that we provide, we want to know. We believe that is that we received from the Data Team, and we are constantly refining enrollment numbers during the process. It also is possible that it might have been a typographical error. It looks like the numbers used in the Expense Table are off by approximately 10 students. When we ran the numbers using 10 students at the elementary level, the resulting difference was under $2,500.