Muscle Shoals City Schools

1. Muscle Shoals City Schools Budget Presentation 2012

2. Enrollment 2,854 Students FACTS Total Revenues $26,670,624 6 Schools and The Center for Technology that also serves the county. Ranked within the top ten schools in State Of Alabama General Fund is a balanced budget All Principals and Assistant Principals have a Doctoral, EDS or Masters Degree 76% Certified employees hold a Masters or higher degree 2,400 Meals Per Day

3. Muscle Shoals City Schools First 20 Days Enrollment Trend

4. Muscle Shoals City Schools PersonnelFY 2011 - 2012

5. Where Does School Funding Come From ? State revenue - Funding received from the Education Trust Fund and other state appropriations Local revenue - All local tax revenue, grants from local agencies, earnings on investments, and charges for services Federal revenue - Revenues originating from federal government agencies such as Individuals with Disabilities Education Act, No Child Left Behind, Child Nutrition Program Other revenue - Various revenues including local school (admissions, concessions, fund raisers, etc.), Medicaid, tuition, indirect cost, transfer in from local schools or child nutrition.

6. Where Does School Funding Come From For FY 2012 ?

7. Where Does the Money GO? 69% Salaries & Benefits 10% Purchased Services 9% Materials & Supplies 4% Transfers and Other 8% Capital Outlay and Equipment 6.5% Materials & Supplies 2.0% Books & Instructional Materials 3.5% Utilities Educating children is a labor-intensive process. For that reason, the largest share of any school system’s budget goes to pay for employees’ wages & benefits.

8. State Funds PAYS FOR: SALARIES & FRINGE BENEFITS CERTIFIED STAFF TEACHERS PRINCIPALS ASSISTANT PRINCIPALS COUNSELORS, LIBRARIANS CAREER TECH DIRECTORS CLASSROOM INSTRUCTIONAL SUPPORT STUDENT MATERIALS TEXTBOOKS OTHER CURRENT EXPENSES SALARIES & FRINGE BENEFITS FOR SUPPORT PERSONNEL STATE REQUIRED SUPPLEMENTS TO THE CHILD NUTRITION PROGRAM OPERATING EXPENSES

9. Other State Funds 2012 • SCHOOL NURSES • HIGH HOPES • TECHNOLOGY COODINATOR • TRANSPORTATION OPERATIONS • AT RISK • PRESCHOOL PROGRAM • ALABAMA READING INITIATIVE • CHILDREN’S FIRST • NATIONAL BOARD

10. State Funds ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED. IF PRORATION IS DECLARED, EARMARKED FUNDS MUST COME FROM LOCAL REVENUE.

11. Muscle Shoals City Schools Comparison of State Revenues

12. Local Revenue PAYS FOR: 7 ADDITIONAL TEACHERS ADDITIONAL ASSISTANT PRINCIPALS STATE AND FEDERAL MANDATES, PRORATION ART, BAND, CHORUS, ADVANCED COURSES, GIFTED PROGRAM LOCAL SCHOOL & CENTRAL OFFICE SUPPORT PERSONNEL LIBRARY AIDES AND ADDITIONAL AIDES FOR CLASSROOM UTILTIES AND GENERAL MAINTENANCE OF OUR BUILDINGS 10 MILL MATCH FOR STATE FUNDS AND MATCH FOR CAPITAL FUNDS TEXTBOOKS, CUSTODIAN SUPPLIES, COPIERS, SUPPLIES FOR SCHOOLS COMPUTERS

13. Local Revenue ComparisonFY 2006-2012

14. Growth Comparison Local TaxFY 2006 – 2012

15. Value Of 20 Mills Less Match To State Muscle Shoals City Schools Property Tax Comparison Value Of 1 Mill Property Tax

16. Federal Funds Based upon Free and Reduced Children PAYS FOR: SPECIAL EDUCATION STAFF AND SERVICES CAREER TECH EDUCATION SERVICES FOR CHILDREN OF POVERTY CHILD NUTRITION PROFESSIONAL DEVELOPMENT 21ST CENTURY ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED.

17. State Capital Funds PAYS FOR: ACQUISITION/CONSTRUCTION OF NEW SCHOOLS PURCHASE OF LAND/BUILDINGS BUILDING IMPROVEMENT PURCHASE OF EQUIPMENT/FURNITURE NEW SCHOOL BUSES (FLEET RENEWAL) ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED.

18. Capital Funds

19. 2012 BUDGET REVENUE 80% Earmarked $21,211,690 20% Discretionary $ 5,458,934 $26,670,624 *Earmarked 10 Mill Match $1,548,120 Capital $ 146,990 Local CNP $ 977,900 $ 2,673,010 **CNP Match $468,029 Local Schools $118,905

20. Local Revenue PAYS FOR: 7 ADDITIONAL TEACHERS ADDITIONAL ASSISTANT PRINCIPALS STATE AND FEDERAL MANDATES, PRORATION ART, BAND, CHORUS, ADVANCED COURSES, GIFTED PROGRAM LOCAL SCHOOL & CENTRAL OFFICE SUPPORT PERSONNEL LIBRARY AIDES AND ADDITIONAL AIDES FOR CLASSROOM UTILTIES AND GENERAL MAINTENANCE OF OUR BUILDINGS 10 MILL MATCH FOR STATE FUNDS AND MATCH FOR CAPITAL FUNDS TEXTBOOKS, CUSTODIAN SUPPLIES, COPIERS, SUPPLIES FOR SCHOOLS COMPUTERS

21. 2012 BUDGET Expenditures $3,051,021

22. Budget Highlights • The budget is based on an average daily membership of 2815.75 students. • State units earned is 179.50 units or a increase of .26 units. • Other current expense revenues increased from $15,062/per unit earned to $15,284/per unit earned. • 3.61 growth factor was added to the budget in FY 2012. • State Fiscal Stabilization Funds and Job Funds are not available for FY 2012. This will result in a loss of revenue of $1,214,053. • Classroom instructional supplies are funded at $134.78 per teacher, technology, library enhancement, common purchase and professional support are again zero in the state budget. • Textbooks funded at$15.88 per student. • Salaries -1% per Act 97-238 and current units are not funded this year. • Retirement (10% per dollar) and insurance ($8,568 per year). These allocations are appropriated each year in the education budget. • Local Funds held by the 10 mills Foundation Program increased $25,110 to $1,548,120 and local funds for Capital Improvement increased $3,318. • A 1% bonus for all employees in December - this will help offset the 2.5% increase in retirement benefits.

23. The light that shines today can illuminate us and the lives of future generations. Let your light shine………………………