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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

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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)




Tax millage analysis
TAX MILLAGE ANALYSIS

  • 2011-2012 18.50 MILLS

  • 2010-2011 18.50 MILLS

  • 2009-2010 18.50 MILLS

  • 2008-2009 18.50 MILLS

  • 2007-2008 18.50 MILLS

  • 2006-2007 18.50 MILLS

  • 2005-2006 17.50 MILLS

  • 2004-2005 17.50 MILLS

  • 2003-2004 18.90 MILLS


Pupil transportation revenue expenditures
PUPIL TRANSPORTATION REVENUE/EXPENDITURES

REVENUES EXPENDITURES

  • 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



Expenditure breakdown
Expenditure Breakdown

  • Salaries and Benefits 89.89%

  • Other Expenditures 10.11%


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



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



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


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