Board Meetings
Important Notice About Upcoming Meetings
Board of Education meetings will be hybrid meetings with community members and public forum speakers having a choice to attend in person at the John Milne Community Board Room or by accessing the meeting link at on the board meeting calendar. Presenters and recognition guests will attend virtually.
Public forum, either virtual or in person, is a part of the Board of Education meetings on the first and third Wednesdays of the month. Regardless if public forum speakers attend in person or virtually, all speakers must sign up for public forum on the APS website the day of the meeting and before the start of the meeting. Please be sure to visit the APS website to check the agenda.
You can participate in the work of the Board of Education by:
- Signing up to speak at a virtual and in-person public forum
- Watching the live stream of upcoming board meetings.
- Emailing input, comments, and questions to board members at boarded@aps.edu, or calling board members at 505-880-3729.
Closed captioning will continue to be provided in English for Board of Education Zoom meetings live-streamed to YouTube.
Learn more
Board of Education Finance Committee Meeting
Tuesday, May 7, 2013, 5:00 PM
Meeting Information and Documents:
- Meeting Location:
DeLayo Martin Community Room Alice and Bruce King Educational Complex, 6400 Uptown NE - Meeting Notice: Posted on April 19, 2013 at 6:17 PM
- Agenda Packet: Posted on May 3, 2013 at 4:57 PM
- Minutes
- Calendar import:
vCal
iCal
Additional Details
Finance Committee Meeting
AGENDA
Tuesday, May 7, 2013
5:00 PM
DeLayo-Martin Community Room, Alice and Bruce King Educational Complex, 6400 Uptown Blvd.NE
Albuquerque, New Mexico
|
I. |
Call to Order |
|
|||
|
A. |
Approval of the May 7, 2013, Finance Committee Agenda (Discussion/Action) |
|
|||
|
II. |
Presentation of FY14 Preliminary Budget (Discussion) |
|
|||
|
III. |
Adjournment |
|
|||
|
A. |
The next Finance Committee meeting will be held on Tuesday, May 21, 2013, at 7:45 a.m., at the Alice and Bruce King Educational Complex in the DeLayo-Martin Community Room |
|
|||
Albuquerque Public Schools
Minutes of the Finance Committee
May 7, 2013
_________________________________________________________________________________________
A Finance Committee meeting of the Albuquerque Public Schools Board of Education was held on Tuesday, May 7, 2013, beginning at 5:00 p.m., in the Alice and Bruce King Educational Complex, DeLayo-Martin Community Room, 6400 Uptown Blvd., NE. Attending were: Don Duran, Marty Esquivel, Lorenzo Garcia, Analee Maestas, Steven Michael Quezada and David Peercy (via telephone).
Absent: Kathy Korte
- I. Call to Order
Dr. Duran called the meeting to order at 5:05 p.m.
a. Adoption of the May 7, 2013, Agenda
Mr. Esquivel motioned for approval of the agenda with Mr. Quezada seconding the motion in the affirmative. Motion carried.
- II. Presentation of FY 14 Preliminary Budget
Mr. Moya and Mr. Hendrickson presented the Preliminary FY14 Budget:
- APS SEG Funding-largest increase since FY08-$614.1M
- Operational Fund is largest funding component-$658.6M
- Total Budget is $1,319.8M
- Keep cuts away from schools
- No set % cuts for departments
- SEG Revenue Increase-$24.1M
- Known changes-$9.8M
- Discretionary changes-$3.8M
- Grand total projected expenditure increases $28.1M
- Projected budget shortfall-($4.0)
- Supplemental Sped MOE funding fix is non-categorical-$7.0
- Projected shortfall if Sped MOE generates additional SEG-$3.0
- Recent History of Budget Cuts-5 year total=($105M)
- Operational Surplus-$3M
- Estimated FY13 Cash Balance- $27M
- Beginning Budgeted FY14 Cash Balance-$27M, Ending Cash Balance-$30M
The final FY14 Budget will be voted on by the full Board on May 22, and submitted to PED on May 28, 2013. The technical review will be on June 12, 2013.
- III. Future Agenda Items/Requests
- IV. Adjournment
Dr. Duran adjourned the Finance Committee meeting at 6:25 a.m. The next Finance Committee meeting will be held on Tuesday, May 21, 2013, at 7:45 a.m., in the DeLayo-Martin Community Room.