Falls Church City School Board - May 9, 2023
Manage episode 364209468 series 3292153
The Falls Church School Board has approved a budget for Fiscal Year 2024 that complies with the City Council's revised guidance of 5.3% organic revenue growth. The budget shows an increase of $2,476,749 in local funding, representing 80.4% of the total budget, and a 6.0% increase from the previous fiscal year's budget when expected state and federal revenue are included.
In April, the School Board received the results of a compensation study conducted with Segal. The study indicated that the cost to bring all employees to the new salary structures is approximately $2.1M (or 6.0% of payroll) and can be completed in the coming Fiscal Year.
The Board celebrated winners of the 2023 Community Partnership Awards, congratulated the Robotics and Scholastic Bowl teams, and approved resolutions for Asian American-Pacific Islander and Jewish American Heritage months.
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