DEPARTMENT: Pre-K 4 SA
DEPARTMENT HEAD: Kathy Bruck, CEO
COUNCIL DISTRICTS IMPACTED: City Wide
SUBJECT:
Pre-K 4 SA FY 2015 Budget
SUMMARY:
During the May 14, 2014 "B" Session, staff will present the Pre-K 4 SA FY 2015 Annual Operating Budget which was adopted by the Early Childhood Education Development Corporation Board of Directors on April 28, 2014.
BACKGROUND INFORMATION:
The Early Childhood Municipal Development Corporation Board of Director approved the Pre-K 4 SA FY 2015 Operating Budget on April 28, 2014. The Corporation's fiscal year begins on July 1 and ends on June 30.
ISSUE:
City staff will provide City Council with an overview of the Pre-K 4 SA program's Board of Director's Adopted FY 2015 Annual Operating Budget. The Early Childhood Municipal Development Corporation Board of Director's bylaws, which were approved by City Council, require that the City Council approved the corporation's annual Budget on or before July 1 of each year. As stated in the Corporation's bylaws, an Annual Budget is required to be adopted by the Board by May 1 each year and approved by City Council prior to the start of the new program year on July 1. An item will be placed on the City Council May 15, 2014 Agenda for the Council's consideration of the Corporation's the Board of Director's Adopted FY 2015 Annual Budget.
Below is an overview of the Board of Director's Adopted Operating Budget for FY 2015 to include major program areas.
Operating Expenses
Proposed Budget FY 2015
Administration
$ 1,566,823
Public Relations / Marketing
422,810
Sales Tax Collection Fee
622,914
Pre-K Education Centers
21,946,363
Pre-K Facility Leases
5,159,826
Transportation
966,248
Professional Development
2,225,515
Program As...
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