FY 2003 Budget Revenue

Document Sample
FY 2003 Budget Revenue Powered By Docstoc
					           FY 2010 Budget




               Jeff Wooten, Ed.D.
                Superintendent
3200 Wilson Dam Highway, Muscle Shoals, Alabama
      FY 2010 Budget
 The annual school budget is a financial
  representation for a school district’s
  educational programs.
October 1 - September 30 fiscal year.
General Fund is a balanced budget.
Maintaining instructional programs is our
 focus.
$27,917,663 annual budget.
      Budget Highlights
   The budget is based on an average daily membership of 2,750 students.
   Increase in state earned units 4.91.
   Other current expense revenues decreased from $2,989,368 to $2,246,335 -
    a loss of $743,033. State Fiscal Stabilizations Funds helped with the offset of
    other current expense revenues $675,272. The net decrease in other current
    expense revenues is $67,761.
   Classroom instructional support is zero - a loss of $175,022 in revenue.
   Textbooks funded $17.17 per student - a loss of $108,119.
   Salaries -1% per Act 97-238, Technology Coordinator, Transportation,
    Current Units, and At Risk were decreased with a net loss of $177,186.
   Retirement increased from 12.07% to 12.51% per dollar earned.
   Local Funds held by the 10 mills Foundation Program $94,650.
   Total loss of State Funds $625,529.
   The system can flex 20% of State Funds.
   6% to 10% proration is being projected in October 2010. 1% is
    approximately $138,333.
                       MUSCLE SHOALS CITY SCHOOLS
                     FIRST 20 DAY ENROLLMENT TREND




3,000
2,900                                                                     2,750      2,750

2,800                                                   2,641    2,702

2,700                       2,549    2,586     2,605

2,600     2,444    2,471

2,500
2,400

2,300
2,200
2,100
2,000
        School    School   School   School   School    School   School   School   Projected
         Year      Year     Year     Year     Year      Year     Year     Year     School
        01-02     02-03    03-04    04-05    05-06     06-07    07-08    08-09      Year
                                                                                    09-10
                      Personnel
                                   State/Local   Federal    Total
Certified
 Teachers                              170.82      5.93    176.75
 Librarians                              5.00      0.00      5.00
 Counselors                              7.00      0.00      7.00
 Administrators                         15.00      0.00     15.00
 Certified Support Personnel             1.00      0.00      1.00
 Non-Certified Support Personnel        35.84     58.40     94.24


             Total                     234.66     64.33    298.99
                                     A Guide to State Allocations Calculations
                                                    2009-2010
•   Systems ADM (Average Daily Membership) represents the total, average daily enrollment for the system during the first
    twenty days after labor day. This information is collected from the district students database by school.
•   The numbers of teacher units is determined by dividing the ADM in each grade at each school by the grade divisor. The
    grade divisors are determined each year by the legislature.
      – K-3 = 13.8
      – 4-6 = 21.4
      – 7-8 = 20.0
      – 9-12 = 18.20
•   Principals, Assistant Principals, Counselors, Librarians are considered instructional support units. The instructions support
    units are determined by using each school ADM and follows the recommendations of the Southern Associations of Colleges
    and Schools year 2000.
•   The cost of the Foundation Program is computed using four areas:
      – Salaries
              • This number represents the amount of money it will take to fund the salaries of the state earned units . Once
                  the number is determined these units are converted to dollars using the state salary matrix. The state salary
                  matrix gives consideration to experience and level of degree. The state salary matrix is determined each year
                  by the legislature.
      – Fringe Benefits
              • This number represents the amount of money it will take to fund the benefits related to the salaries. The
                  legislature approves the retirement rate, insurance rate in the EFT appropriation act. Fringe benefits are
                  computed for FICA, Medicare, retirement, health insurance, unemployment and sick and personal leave (state
                  gives us 7 days a year for both personal and sick).
      – Other Current Expenses
              • Other current expenses is calculated as a fixed amount (determined by the legislature) and multiplied times the
                  number of Foundation Program Units earned.
      – Classroom Instructional Support
              • This year we earned for textbooks only. Rate are determined by the legislature on an annual basis.
                               Classroom Teachers

                      Public School Experience - 187 Day Contract


           Bachelor             Master           6-Year             Doctoral   Non-Degree
             BS                  MS               6Y                  DO          ND
< 3 yrs     36,144              41,564           44,818             48,071       36,144

< 6 yrs     39,756              45,720           49,297             52,877       39,756

< 9 yrs     41,497              47,721           51,470             55,191       41,497

< 12 yrs    42,053              48,362           52,148             55,932       42,053

< 15 yrs    42,818              49,238           53,093             56,949       42,818

< 18 yrs    43,794              50,364           54,305             58,244       43,794

< 21 yrs    44,360              51,012           55,005             58,999       44,360

< 24 yrs    44,926              51,666           55,708             59,752       44,926

< 27 yrs    45,461              52,201           56,245             60,288       45,461

27+ yrs     45,997              52,737           56,780             60,824       45,997
                                                    MUSCLE SHOALS CITY SCHOOLS
                                                     CHANGE IN BENEFIT RATES

900                                                                                                                                   14
850
                                                                                                                        12.07
800                                                                                                                                 12.51
                                                                                                           $775                        12
750                                                                                                                                 $752
                                                                                                    $717
700                                                                                                                          $752
                                                                                             $668                    11.75
650                                                                                                                                   10
                                          9.66
600                      9.23    9.23                                                                         9.36
                                                                                      $583
550
                                                                                 $479                 8.17                            8
500
                                                                        $433
450                                               6.38    6.38 6.38                            7.03
400        6.31   6.31
                                                                   $414               6.56                                            6
350
                                                          $317   $345
300                                                                            5.02
250                                     4.03                                                                                          4
                          $211                     $225
200
          $206 $206                        $200
150
                                $165                                                                                                  2
100
50
 0                                                                                                                                    0
      FY 93- FY 94- FY 95- FY 96- FY 97- FY 98- FY 99- FY 00- FY 01- FY 02- FY 03- FY 04- FY 05- FY 06- FY 07- FY 08- FY 09-
                                                                                                                                            PEEHIP
        94     95     96     97     98     99     00     01     02     03     04     05     06     07     08     09     10
                                                                                                                                            RSA %
                    State Department of Education
                     FY 2010 Foundation Program
176 Muscle Shoals City                                     FY 2010      FY 2009      Change
System ADM                                                  2750.25     2,701.60      48.65
Foundation Program Units
   Teachers                                                 159.10       156.63          2.47
   Principals                                                 6.00         6.00          0.00
   Assistant Principals                                       3.00         2.00          1.00
   Counselors                                                 6.00         5.00          1.00
   Librarians                                                 6.50         5.75          0.75
   Voc Ed Directors                                           1.00         1.00          0.00
   Voc Ed Counselors                                          1.00         1.31         -0.31
Total Units                                                 182.60       177.69          4.91

Foundation Program (State and Local Funds)
    Salaries                                              8,970,060    8,633,974                 336,086
    Fringe Benefits                                       3,544,051    3,391,516                 152,535
    Other Current Expense               ($12,302/unit)   2,246,335     2,989,368     -743,033
    Classroom Instructional Support                                                         0
        Teacher Materials                    ($0/unit)            0       71,076      -71,076
        Technology                           ($0/unit)            0       44,422      -44,422
        Library Enhancement                  ($0/unit)            0       31,095      -31,095
        Professional Development             ($0/unit)            0        6,218       -6,218
        Common Purchase                      ($0/unit)            0       22,211      -22,211
        Textbooks                        ($17.17/adm)        47,222      155,341     -108,119
Foundation Program                                       14,807,668   15,345,221   -1,026,174   -1,026,164
State Fiscal Stabilization Fund                             675,242                   675,242    675,242
Total Foundation Program                                                                    0    -350,922
    State Department of Education
     FY 2010 Foundation Program

Total Foundation Program                                                                                                                         0   -350,922
State Funds                                                                                                                                      0
    Foundation Program - ETF                                                    13,374,667                   14,006,871                 -632,204
    School Nurses Program                                                            154,662                      151,646                    3,016      3,016
    High Hopes                                                                           5,504                       4,879                     625     -4,879
    Salaries - 1% per Act 97-238                                                               0                    86,340               -86,340      -86,340
    Technology Coordinator                                                             30,336                       35,690                  -5,354     -5,354
    Transportation                                                                                                                               0          0
        Operating Allocation                                                           89,773                     105,455                -15,682      -14,402
 ($6,660/bus)                                            ($5,024/bus)                  20,096                       35,184               -15,088      -15,088
    Current Units (FY2009Projected)                                                                                 45,705               -45,705      -45,705
    Capital Purchase                                                 *               763,621                      629,003                134,618
    At Risk                                                                            48,010                       60,917               -12,907      -12,907
    Preschool Program                                                                    6,307                       5,580                     727        727
Total State Funds                                                               14,492,976                  15,167,270                  -674,294
                                                                                                                                                 0
Local Funds                                                                                                                                      0
   Foundation Program                                    (10.00 Mills)              1433000                    1,338,350                   94,650     -94,650
   Capital Purchase                                  (.865321 Mills)                  123735                      124,710                     -975        975
Total Local Funds                                                                                             1,463,060              -1,463,060      -625,529
                                                                                                                                                 0
  Monthly Allocation = (Foundation Program - ETF, School Nurse, High Hopes, 1% Salaries, Tech Coor, Transportation, At-Risk, and Preschool)      0
                                            Month 1-11                            1,144,113                    1,207,307                 -63,194
                                            Month 12                              1,144,112                    1,207,306                 -63,194
* Not included in monthly allocation of totals
   PROPOSED BUDGET COMPARISON
          GENERAL FUND State and Local Funds
                                    PROPOSED       CURRENT
                                     FY 2010        FY 2009
                                     BUDGET        BUDGET        DIFFERENCE


                                                                           11% Proration
REVENUES:

STATE REVENUES                       14,171,441     13,765,377       406,064
FEDERAL REVENUES                            500            500             0
LOCAL REVENUES                        6,581,255      6,568,388        12,867
OTHER SOURCES                            11,000          5,800         5,200

TOTAL REVENUES                       20,764,196     20,340,065       424,131      1% proration is
                                                                                   approximately
EXPENDITURES:                                                                    $138,333. Some
                                                                                state funds are not
INSTRUCTIONAL SERVICES               13,157,543     13,112,621        44,922   subject to proration.
INSTRUCTIONAL SUPPORT SERVICES        3,718,057      3,553,953       164,104
OPERATION & MAINTENANCE               2,125,024      2,184,280       -59,256
AUXILIARY SERVICES                      125,773        112,080        13,693
GENERAL ADMINISTRATIVE SERVICES       1,036,538      1,076,698       -40,160
OTHER EXPENDITURES                      168,189        141,252        26,937

TOTAL EXPENDITURES                   20,331,124     20,180,884       150,240

OTHER FUND SOURCES (USES):

OTHER FUND SOURCES                     233,673         723,154      -489,481
OTHER FUND USES                        666,745         903,657      -236,912

TOTAL OTHER FUND SOURCES (USES)        -433,072       -180,503      -252,569

EXCESS REVENUES & OTHER SOURCES
OVER (UNDER) EXPENDITURES & OTHER
FUND USES                                      0       -21,322        21,322
                              FY 2010 Budget
                           General Fund Revenues
                                $20,997,869

   68¢

                                                        1¢
 State
$14,171,441
                                                        Other
                                                        $237,896




                31¢                                0¢



               Local                               Federal
                                                    $500
              $6,475,800
                                General Fund Expenditures
                                      $20,997,869


                     63¢

                Instructional
                  Services
                $13,157,543
      4¢                                                            5¢

Other Expenditures                                               General
    $834,934                                                   Administrative
                                                                 Services

             10¢                                                $1,036,538


         Operations &
                                                                     18¢
         Maintenance                                 1¢
           $2,125,024
                                                   Auxiliary     Instructional
                                                   Services    Support Services
                                                   $125,773        $3,718,057
                  Local Revenue Sources
                        $6,581,255



          Other
                                          TVA
           6%
                                          13%




City Council                               Ad Valorem
    20%           County Sales                 Tax
                      Tax                     46%
                     15%
                GROWTH LOCAL TAXES
                     FY 2010
                                                        $6,416,517
$7,000,000                                                               $6,254,000       $6,154,735
                                          $5,939,402


              $5,232,495    $5,375,358
$6,000,000




$5,000,000




$4,000,000




$3,000,000




$2,000,000




$1,000,000




       $0
             2005          2006          2007          2008          Projected        Projected
                                                                        2009            2010
 PROPOSED BUDGET COMPARISON
        TOTAL FUNDS                   PRO PO SED
                                       FY 2010
                                                     CURRENT
                                                      FY 2009
                                       BUDGET        BUDGET        DIFFERENCE




REVENUES:

STATE REVENUES                          14,955,158    14,972,892       -17,734
FEDERAL REVENUES                         2,958,570     1,981,960       976,610
LO CAL REVENUES                          9,047,142     8,758,186       288,956
O THER SO URCES                             50,250        31,250        19,000

TO TAL REVENUES                         27,011,120    25,744,288      1,266,832

EXPENDITURES:

I         O
 NSTRUCTI NAL SERVI  CES                15,178,632    14,948,818       229,814
I         O
 NSTRUCTI NAL SUPPO RT SERVICES          4,165,891     4,170,093        -4,202
        O
O PERATI N & MAI NTENANCE                2,870,944     2,767,840       103,104
    LI
AUXI ARY SERVI  CES                      2,110,223     2,186,115       -75,892
              NI      VE
GENERAL ADMI STRATI SERVI    CES         1,109,383     1,113,347        -3,964
CAPITAL O UTLAY                            887,356       672,111       215,245
O THER EXPENDI TURES                       729,739       776,650       -46,911

TO TAL EXPENDITURES                     27,052,168    26,634,974       417,194

O THER FUND SO URCES (USES):

O THER FUND SO URCES                      906,543      1,264,811      358,268
                                                                      -
O THER FUND USES                          692,370        929,182      236,812
                                                                      -

TO TAL O THER FUND SO URCES (USES)        214,173       335,629       121,456
                                                                      -

EXCESS REVENUES & O THER SO URCES
O VER (UNDER) EXPENDITURES & O THER
FUND USES                                 173,125       555,057
                                                        -              728,182
        TOTAL REVENUES
           $27,917,663




54¢         32¢     11¢     3¢

STATE     LOCAL   FEDERAL   OTHER
                            TOTAL EXPENDITURES
                                $27,744,538




    55¢            15¢               5¢          10¢              4¢             8¢         3¢
INSTRUCTIONAL   INSTRUCTIONAL    DEBT/OTHER    OPERATION &      GENERAL       AUXILIARY   CAPITAL
   SERVICES        SUPPORT      EXPENDITURES   MAINTENANCE   ADMINISTRATIVE   SERVICES    OUTLAY
                   SERVICES                                    SERVICES
                                                     Auto Collision
                                                      Technology                                                        2010 –
                                                     Program has      Blue Ribbon School
                                                    been selected Muscle Shoals High School
                                                     as one of the Howell Graves Preschool
                                                    top 20 finalists
                                                         in the
                                                                            AMST
                                                      Tomorrow's
                                                                        Highland Park
                                                   Technician/Chic                        2005-2007
                                                                           Webster
                                                    ago Pneumatic
                                                                     Muscle Shoals Middle
                                                     School of the
                                                          Year!
                           Muscle Shoals Center for Technology - 1977
                                                                                                MMGW
                                                                                         Muscle Shoals Middle
                                                                       1991-2000
                                                                                       1999 Muscle Shoals High School
               Howell Graves Preschool -1990

                                                                                              ARI
                                                                                        Highland Park
                                                                                        Howell Graves
                                               1971-1990                                   McBride
                                                                                           Webster
                                                First Muscle Shoals High School-1968
                                                 Muscle Shoals Middle School 1999



                     1961-1970

Highland Park 1960
   Webster 1959
   McBride 1960



1958-1960
                             Muscle Shoals City formed the School System
                                            300 Students
Hope is important because it can
 make the present moment less
difficult to bear. If we believe that
 tomorrow will be better, we can
      bear a hardship today.”


 “When you do nothing, you feel
overwhelmed and powerless. But
 when you get involved, you feel
     the sense of hope and
accomplishment that comes from
knowing you are working to make
         things better.”

				
DOCUMENT INFO
Shared By:
Categories:
Tags:
Stats:
views:3
posted:2/5/2012
language:
pages:20