Component
Amount
Type
Carryforward
$3.35M
Non-City Funding
Total Non-City Funding Sources
$19.55M
No type listed
Tenure Turnover Savings
$2.67M
Expenditure Reduction
FY26 Gross Budget (All-In Operations) Total Operations Note: Tenure Turnover Savings represent an internal expenditure reduction within the city budget, rather than external revenue, but are critical to bridging the gap between the Net allocation and Gross operational costs. *Free cash adjustment for K-aide support ($0.9M) and 2 additional free cash items that did not lower the budget ($0.2M) $318.5M* Demonstrated Fiscal Discipline: $4.0M+ in Validated Reductions The FY27 budget reflects sustained efforts to improve efficiency and modernize operations. Over recent years, NPS has implemented reductions, staffing adjustments aligned with enrollment trends, and policy changes that generate recurring savings. These efforts ensure the district remains a high-performing, financially responsible organization while continuing to prioritize student outcomes. Efficiency Milestones (FY24–FY27) • Post-Override Reductions (FY24): Executed $1.2M in total operational reductions following the failed override, including a role optimization of 5.50 FTE (Assistant Principals, Literacy specialists, and IT staff) and smart procurement cuts in software and athletics. • Data-Driven "Right-Sizing": Adhering to a strict 1:30 ratio of staff reductions to enrollment decline. o FY26: Net reduction of 10 Elementary Teachers (813k) and 2 Middle School Teachers (162k). o FY27 Projection: Reduction of 7 Elementary Teachers o Policy Modernization: Phasing out non-contractual Medicare Part B premium reimbursements for retirees, yielding $1.2M in annual recurring savings starting in FY22. • Internal Innovation: Implementation of the Williams Reflection Classroom, generating $217k in annual recurring savings. Through these measures and strengthened fee collections, NPS is on a path of "Strategic Savings & Revenue Generation" projected to reach a cumulative value of over $3.3M by FY30 . While these internal efficiencies are significant, they have been necessitated by historical funding gaps that have now reached a critical threshold.
-3-
Made with FlippingBook interactive PDF creator