|
APPROPRIATION COMMITTEE-2019 ATM
<br /> The Committee recommends approval of this request(9-0).
<br /> Article 11
<br /> Appropriate FY2020 Operating Budget
<br /> Funds Requested Funding Source Committee Recommendation
<br /> $216,793,860 See motion Approve(9-0)
<br /> This article appropriates funds for the Town's annual operating budget,which is divided into the following
<br /> programs: Education (1000), Shared Expenses (2000), and Municipal programs (3000-8000). Below is a
<br /> summary of the recommended appropriations broken down by these three top-level programs.
<br /> Operating Budget FY2019 FY2020 Share of $change % change
<br /> Budget Recommended total
<br /> 1000 Education $110,237,662 $116,124,948 54% $5,887,286 5.3%
<br /> 2000 Shared expenses $59,508,858 $60,440,397 28% $931,539 1.6%
<br /> 3000-8000 Municipal $38,282,035 $40,228,516 19% $1,946,481 5.1%
<br /> Total $208,028,555 $216,793,861 100% $8,765,306 4.2%
<br /> The recommended total budget of $216,793,861 represents an $8,765,306 increase, or 4.2%, over the
<br /> FY2019 budget. The Education budget represents 54% of the total,with a 5.3%increase over the FY 2019
<br /> budget. The recommended budget for Shared Expenses represents 28% of the total, with a 1.6% increase
<br /> over FY2019. Finally, the recommended Municipal budget is 19% of the total and reflects an increase of
<br /> 5.1%over FY2019.
<br /> Anticipated increases in personal services expenses from yet-to-be settled contracts with Town employee
<br /> unions are budgeted in the Salary Adjustment account in the Town Manager budget line under 8000 General
<br /> Government,rather than in the budget line for each department.
<br /> Education
<br /> Program 1000 Education FY2019 FY2020 % of $ '0
<br /> Budget Recommended Education Change Change
<br /> 1100 Lexington Public Schools $108,111,445 $113,553,757 97.9% $5,442,312 5.0%
<br /> 1200 Minuteman Regional High $2,126,217 $2,470,131 2.1% $343,914 16.2%
<br /> School
<br /> 1000 Total Education $110,237,662 $116,023,888 100% $5,786,226 5.2%
<br /> Lexington Public Schools (1100)
<br /> The School Committee has voted to recommend an appropriation of$113,553,757 for the Lexington Public
<br /> Schools (LPS) operating budget for FY2020. This amount does not include:
<br /> • The school portion of shared expenses including public facilities, employee/retiree benefits,pen-
<br /> sion, debt service, liability insurance, and reserve funds.
<br /> • Federal, State, local, and private grants; revolving and donation fund activity.
<br /> The request represents an increase of 5.0% over the FY2019 appropriation.
<br /> 11
<br />
|