News

JPPSS Proposes Balanced Budget for FY 2014-15; Public Budget Hearing to Be Held July 2, 2014

budgetThe Jefferson Parish Public School System (JPPSS) has released its proposed general operations fund budget of $457.5 million for fiscal year (FY) 2014-15. The proposed budget, which includes the employee salary increases approved by the school board in May, will be discussed at a public hearing on July 2.

“This budget reflects the district’s continued commitment to directing more resources into the classroom and stabilizing spending so that we can present a balanced budget to the board,” said Superintendent James Meza, Jr. “Thanks to an increase in projected revenue and some decreases in expenses, we were able to budget for across-the-board salary increases for our deserving employees while at the same time absorbing the rising costs of benefits.”

The district projects a revenue increase of approximately $3.7 million in FY 2014-15, mostly coming from increases in local sales and property taxes. When combined with increases in revenue identified in the revised FY 2013-14 budget and reductions in certain costs, the new revenues will cover proposed expenditures for FY 2014-15. Increases in expenditures include $6.5 million for employee salary raises, as well as an increase of $3.4 million in health insurance costs. In all, employee salary and benefits are projected to make up 75 percent of the general operating fund budget, or $343.7 million, an increase of $12.1 million from last year.

The adoption of the general operations fund budget requires a public hearing, which will be held on Wednesday, July 2, 2014 at 4:30 p.m. at the JPPSS Administration Building, 504 Manhattan Blvd., in Harvey. The budget is posted on here at jpschools.org and available for public viewing at the district’s administration building at 501 Manhattan Blvd. in Harvey between 8:00 a.m. and 3:00 p.m. beginning on Tuesday, June 17, 2014.