Title
Budget Amendment - Charlotte Mecklenburg Schools Operating Expenses by Purpose/Function
Action
ACTION:
Amend Schedule 3 of the Budget Ordinance for Fiscal Year 2025 by purpose/function
Staff Contact: Adrian Cox, Budget Director
Presentation: No
BACKGROUND/JUSTIFICATION
The FY2025 Budget Ordinance allocates $643,315,849 to Charlotte Mecklenburg Schools (CMS) for operating expenses. The Budget Ordinance requires Board approval to increase or decrease any purpose or function by more than 10%. CMS is seeking to increase the budget appropriation for Regular Instructional function by $17,344,761 (9.96%) and decrease the appropriation to the Technology Support function by $17,344,761 (-45.36%). The change is requested to align funding to the district staffing plan and reflect expenses that occur within the instructional environment as aligned to the Regular Instructional function.
Attached, is a letter from the CMS Superintendent and a table reflecting the requested amendment to Schedule Number 3 of the FY2025 Budget Ordinance. The change does not result in an increase or decrease in total funding
PROCUREMENT BACKGROUND:
N/A
POLICY IMPACT:
N/A
FISCAL IMPACT:
There is no fiscal impact.