Fy 2012 budget recap
This presentation is the property of its rightful owner.
Sponsored Links
1 / 19

FY 2012 BUDGET RECAP PowerPoint PPT Presentation


  • 47 Views
  • Uploaded on
  • Presentation posted in: General

FY 2012 BUDGET RECAP. FIVE YEAR BUDGET HISTORY( EXPENDITURES) (In millions). SIGNIFICANT BUDGET CHALLENGES. STATE FUNDING- AUSTERITY REDUCTIONS LOCAL TAX DIGEST LOSS OF FEDERAL STIMULUS DOLLARS MILLAGE RATE(20 MILL CAP) TRANSPORTATION FUNDING

Download Presentation

FY 2012 BUDGET RECAP

An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -

Presentation Transcript


Fy 2012 budget recap

FY 2012 BUDGET RECAP


Five year budget history expenditures in millions

FIVE YEAR BUDGET HISTORY( EXPENDITURES)(In millions)


Significant budget challenges

SIGNIFICANT BUDGET CHALLENGES

  • STATE FUNDING- AUSTERITY REDUCTIONS

  • LOCAL TAX DIGEST

  • LOSS OF FEDERAL STIMULUS DOLLARS

  • MILLAGE RATE(20 MILL CAP)

  • TRANSPORTATION FUNDING

  • STATE FUNDING FORMULA DOES NOT FUND TECHNOLOGY(K-12)


State austerity reductions in millions

State Austerity Reductions(In millions)


Tax digest history

Tax Digest History


Tax millage analysis

TAX MILLAGE ANALYSIS

  • 2011-201218.50 MILLS

  • 2010-201118.50 MILLS

  • 2009-201018.50 MILLS

  • 2008-200918.50 MILLS

  • 2007-200818.50 MILLS

  • 2006-200718.50 MILLS

  • 2005-200617.50 MILLS

  • 2004-200517.50 MILLS

  • 2003-200418.90 MILLS


Pupil transportation revenue expenditures

PUPIL TRANSPORTATION REVENUE/EXPENDITURES

REVENUESEXPENDITURES

  • FY 2011$1,109,398$5,274,249

  • FY 2010$1,300,929$4,069,667

  • FY 2009$1,417,826$4,672,696


Operating revenue expense fy 2012 budget

OPERATING REVENUE/EXPENSEFY 2012 BUDGET

  • REVENUE$85,502,613

  • EXPENDITURES$90,624,024

  • RESERVES USED$ 5,121,411

  • PROJECTED RESERVES REMAINING$ 5,715,510


Revenue assumptions used for fy 2012 budget

REVENUE ASSUMPTIONS USEDFOR FY 2012 BUDGET

  • 8% Decrease in local tax digest or $2.4 million

  • State Austerity reduction ( $9.1 million)

  • ARRA funding not available


Where the money comes from

Where The Money Comes From

  • Local Sources

    Includes Property Taxes, Real Estate Transfers

    Alcohol Beverage Taxes, Interest Earnings, and

    Miscellaneous Fees$29,598,710 35%

  • State Sources

    Quality Basic Education Funding (QBE)

    & Miscellaneous State Grants $55,903,903 65%

    $85,502,613


Expenditure reductions

Expenditure Reductions

  • 6 Furlough Days $ 1,928,561

  • Reduced Operational Costs of Facilities $ 24,000

  • Reduced Transportation Fuel Costs $ 12,471

  • Attrition(Vacant Positions not rehired) of 5 Teachers $ 250,200

  • Reduced Middle School Athletics $ 9,436

  • Freeze Local and Coaches Supplements $ 83,844

    $ 2,308,512


How the money is spent

How The Money is Spent

  • Instructional Salaries and Benefits $68,054,207 75.10%

  • Admin Salaries and Benefits $ 6,121,495 6.75%

  • Classified Salary and Benefits $ 7,284,841 8.04%

  • Instructional Operations $ 2,414,275 2.66%

  • Admin Operations $ 965,257 1.07%

  • Maintenance and Operations $ 5,783,949 6.38%

    $90,624,024


How the money is spent1

How the Money is Spent


Expenditure breakdown

Expenditure Breakdown

  • Salaries and Benefits89.89%

  • Other Expenditures10.11%


Cost per student

Cost per Student

  • 12,582 FTE Students

  • Does not include Pre-K Program( 380 students)

  • $7,815 per Student in FY 10-11

  • Ranked 146th out of 180 School Districts


Cost per student1

Cost per Student


General administration expenditures

General Administration Expenditures

  • General Admin is comprised of Support Services at the Professional Development Center(PDC)

  • 12,582 FTE Students

  • General Admin per Student$244.60

  • Ranked 159th out of 180 School Districts


General admin per student

General Admin per Student


Fy 2013 budget outlook

FY 2013 Budget Outlook

  • State Budget

  • Equalization Grant

  • Austerity Reductions

  • Property Tax Digest

  • Classified Health Insurance

  • Teachers Retirement System

  • Charter Funding

  • Mid-Term Adjustment


  • Login