The Board of Education’s Budget Sub-Committee met today to hear an update from Superintendent Dr. Eugene Schmidt and Chief Financial Officer Bobbi Newland.
Here’s a breakdown of the proposed next school budget and a comparison table of the funded enrollment (districts receive funds based on the number of students enrolled):
- Statewide public school appropriation of $3.9 billion, a 12% increase over fiscal year 2022. Farmington's share could be an estimated $104.7 million.
- More funding is earmarked for Extended Learning Time, K-5 Plus, Career and Technical Education programs and community school programs.
- Teacher salary increases with minimum salaries set at $50 thousand for Level I, $60 thousand for Level II, and $70 thousand for Level III. Salary schedules for Farmington Municipal Schools will be updated/posted in the next few weeks.
- $15 minimum wage for all school support staff, i.e. starting custodians.
- An average 7% pay increase for all school personnel
- An increase of recurring funding for operational needs including school transportation, Indian Education, Native American Language, early literacy, and at-risk student interventions.
|Funded Enrollment 80/120 Day Comparison||2021||2022|
There will be two budget meetings in April and two more in May before the final budget is adopted and submitted.
Related Article: FMS Budget Information and Timeline