Review Agenda Item
Meeting Date: 11/7/2019 - 7:30 PM
Category: Discussion Topics
Type: Info
Subject: Preliminary FY 2021 Employee Compensation Overview (30 mins.)
ACPS 2025 Strategic Plan Goal:
Objective 6.1 Fiscal Policies and Practices
ACPS will plan, manage, monitor, and report spending to provide decision-makers and the community with a reliable, accurate, and complete view of the financial performance of the educational system at all levels.
Policy: DB - Annual Budget
Funding Source or Fiscal Impact (where applicable)
File Attachment:
191107_Memo_Preliminary_Employee_Compensation_Overview.pdf
191107_Prelim_Compensation_Overview_V3.pdf
Agenda Item Summary: This presentation discusses key considerations surrounding potential pay raise actions for the FY 2021 Combined-Funds Budget. The primary focus is on the most crucial aspects of Step Increases and Market Rate Adjustments (MRA) and how each would help ACPS to stay competitive with surrounding jurisdictions in recruitment and retention of exemplary staff.
Background: ACPS Staff periodically updates the School Board, Alexandria community and ACPS employees on division-wide compensation. This information is intended to inform decisions throughout the annual Combined-Funds budget development process.
Recommendation: The Superintendent recommends that the School Board review the employee compensation presentation.
Approvals:
Recommended By:
Signed By:
Dominic Turner - Chief Financial Officer
Signed By:
Dr. Gregory C. Hutchings, Jr. - Superintendent