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SHEFFIELD CITY SCHOOLS

SHEFFIELD CITY SCHOOLS. ANNUAL BUDGET FISCAL YEAR 2010-2011. SHEFFIELD CITY SCHOOLS 2010-2011 BUDGET Revenue Budget - All Funds. TOTAL BUDGET $ 12,848,821. FY 09-10 $ 13,337,443 before proration . STATE REVENUE. $6,543,021 – 50.92 % FOUNDATION PROGRAM

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SHEFFIELD CITY SCHOOLS

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  1. SHEFFIELD CITY SCHOOLS ANNUAL BUDGET FISCAL YEAR 2010-2011
  2. SHEFFIELD CITY SCHOOLS 2010-2011 BUDGETRevenue Budget - All Funds TOTAL BUDGET $12,848,821 FY 09-10 $13,337,443 before proration
  3. STATE REVENUE $6,543,021 – 50.92 % FOUNDATION PROGRAM SCHOOL NURSES PROGRAM TECHNOLOGY COORDINATOR SALARIES - 1% PER ACT 97-238 TRANSPORTATION CAPITAL PURCHASE AT RISK PRESCHOOL PROGRAM FY 09-10 $6,790,294 51%
  4. FEDERAL REVENUE $2,730,516 – 21.25% CHILD NUTRITION PROGRAM TITLE I, II SPECIAL EDUCATION & PRESCHOOL HISTORY GRANT 21st CENTURY PROGRAM AMERICAN RECOVERY AND REINVESTMENT ACT (ARRA) INCLUDES $234,000 “JOBS” FUNDS FY 09-10 $2,860,694 21% w/ $350,000 FY10 carryover
  5. LOCAL REVENUE $3,575,284- 27.83% COUNTY AD VALOREM TAXES COUNTY SALES TAXES COUNTY ALCOHOL BEVERAGE TAXES CITY ADVALOREM TAXES CITY COUNCIL APPROPRIATIONS TVA IN LIEU OF TAXES DISTRIBUTIONS FROM WILLSON TRUST LOCAL SCHOOL -PUBLIC AND NON-PUBLIC EDUCATION FOUNDATION CONTRIBUTIONS FY 09-10 $3,686,455 28%
  6. SHEFFIELD CITY SCHOOLS 2010-2011 BUDGETExpenditure Budget byFunction Expenditures $12,393,885 FY 09-10 $13,126,980
  7. INSTRUCTIONAL SERVICES AND INSTRUCTIONAL SUPPORT SERVICES $8,430,438– 68.1% SALARIES & BENEFITS -TEACHERS AND AIDES CLASSROOM INSTRUCTIONAL SUPPORT SUBSTITUTE TEACHERS GUIDANCE & COUNSELING MEDIA SERVICES PRINCIPALS AND SCHOOL OFFICES CURRICULUM DEVELOPMENT FY 09-10 $9,107,559 69.3%
  8. OPERATION AND MAINTENANCE $1,134,673 – 9.1% SECURITY SERVICES - ALARMS BUILDING SERVICES - UTILITIES,JANITORIAL SUPPLIESMAINTENANCE & REPAIRS GROUNDS SERVICES - LAWN & ATHLETIC FIELD MAINTENANCE VEHICLE SERVICES - BUSES & TRUCKS FY 09-10 $1,122,664 8.6%
  9. AUXILIARY SERVICES $85,365 - 0.70% STUDENT TRANSPORTATION SERVICES * INSTRUCTIONAL (VOCATIONAL SCHOOL) * EXTRACURRICULAR (ATHLETICS & FIELD TRIPS) $869,426 – 7.0% CHILD NUTRITION PROGRAM * SALARY AND BENEFITS * PREPARING AND SERVING SUPPLIES * FOOD FY 09-10 $88,496 – 0.70% FY 09-10 $876,945 – 6.7%
  10. GENERAL ADMINISTRATIVE SERVICES $766,474 – 6.2% SUPERINTENDENT’S OFFICE EXECUTIVE ADMINISTRATIVE SERVICES - ASST. SUPERINTENDENT &- FEDERAL PROGRAM ADMINISTRATION - SPECIAL ED. AND TESTING COORDINATOR BUSINESS SUPPORT SERVICES - CSFO; ACCOUNTING/PAYROLL; SDE REPORTS AND DATA COLLECTIONS SYSTEM-WIDE SUPPORT SERVICES - EMPLOYEE LIFE INSURANCE - PROPERTY AND LIABILITY INSURANCE - LEGAL FEES; AUDITOR’S FEES; ASSOCIATION DUES GRANT ADMINISTRATION - LEARN & SERVE; 21ST CENTURY; HISTORY GRANT SHEFFIELD EDUCATION FOUNDATION OFFICE FY 09-10 $917,223 7.0%
  11. CAPITAL OUTLAY - STATE $164,784 – 1.33% $100,000 FY10 STATE CAPITAL OUTLAY $64,784 FY11 STATE CAPITAL OUTLAY LAND IMPROVEMENT BUILDING IMPROVEMENT TECHNOLOGY FY 09-10 $269,097 2.1%
  12. CAPITAL PROJECTS (continued)QZAB BONDS $60,729 - .5% REHABILITATING, RENOVATING, REPAIRING EXISTING FACILITIES CENTRAL OFFICE BUILDING FY 09-10 $80,729 .6%
  13. DEBT SERVICE $260,000– 2.1% Willson HVAC *$60,000 Annual payment for 20 years 2001 QZAB Bond Issue *$200,000 Annual payment - $200,000 balance - Will pay out April 2011 2005 QZAB Bond Issue * No Annual Payment - Secured with 17 year T-bill FY 09-10 $260,000 2%
  14. OTHER EXPENDITURES $621,848 – 5% PRESCHOOL PROGRAMS COMMUNITY EDUCATION EDUCATION FOUNDATION FY 09-10 $404,265 3%
  15. OVERVIEW OF EXPENDITURESTOTAL BUDGET $12,393,885 TOTAL SALARIES $7,143,567 57.7% TOTAL BENEFITS $2,838,379 22.9% GRAND TOTAL $9.981,946 80.6% UTILITIES $ 431,585 3.6% CAPITAL OUTLAY $ 225,514 1.8% CNP SUPPLIES $ 442,646 3.4% DEBT SERVICE $ 260,000 2.1% BUILDING SERVICES $ 119,100 .9% STATE CLASSROOM SUPPLIES $ 17,689 .001% OTHER CLASSROOM SUPPLIES $ 101,000 .8% PURCHASED SERVICES $ 298,920 2.4% PASS THRU TO CNP $ 238,877 1.9%
  16. CHANGES AFFECTING THE BUDGET REVENUE CHANGES: Local taxes – Ad valorem and sales taxes City Appropriation Grants State allocations – Proration EXPENDITURE CHANGES: Legislative mandates - Benefits (retirement) Non-completion of capital projects Unexpected building maintenance - roof, HVAC, plumbing Additional program cost
  17. TOTAL RESERVE Budget
  18. SITUATIONS AFFECTING RESERVE BALANCE FY09-10 OPERATIONS ARE OVER BUDGET PRORATION IS DECLARED 5% PRORATION IS PROJECTED BY STATE MY GUESS: PRORATION WILL BE 7% EACH 1% WILL COST SCS ABOUT $60,000 PERSONNEL CHANGES INCREASE OF OPERATING COSTS, SUCH AS UTILITIES, PROPERTY INSURANCE, AND MAINTENANCE OR REPAIRS OF FACILITIES
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