Cypress Fairbanks ISD Operating Budget CYPRESS FAIRBANKS ISD Enrollment

Cypress-Fairbanks ISD 2008-2009 Operating Budget CYPRESS-FAIRBANKS ISD Enrollment 2002-2003 Projected to 2012-13 130,000 120,000 110,000 100,000 90,000 80,000 70,000 60,000 50,000 40,000 30,000 20,000 10,000 0 114,554 108,131 96,819 92,648 87,076 79,103 71,129 76,745 100,788 104,545 111,424 02-03 03-04 04-05 05-06 06-07 07-08 *08-09 *09-10 *10-11 *11-12 *12-13 High School *Projected Elementary P-34001 Middle School CYPRESS-FAIRBANKS ISD PROPERTY TAX VALUES State (CPTD) vs Local (HCAD) 32 30 28 26 24 22 20 18 16 14 12 10 8 S TATE LOCAL VALUE (BILLIONS) 1998-99 10.81 11.2 1999-00 12.08 12.59 2000-01 12.93 14.4 2001-02 15.58 15.9 2002-03 17.1 17.5 2003-04 17.3 18.8 2004-05 20.5 20.6 2005-06 22.2 22.5 2006-07 *2007-08 *2008-09 24.8 24.8 27.4 28.1 31.1 29.5 P-34003 State Values are used to determine state funding while local values are used to determine actual tax collections. *Projected CYPRESS-FAIRBANKS ISD Net Taxable Value 1998-99 to 2008-09 32.0 30.0 28.0 26.0 24.0 22.0 20.0 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 (Value in Billions) 28.07 24.80 22.50 20.60 15.90 17.50 18.80 29.54 14.40 11.20 12.60 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 *2007-08 *2008-09 Key Point: Growth in property helps to minimize the I & S tax rate; however, property growth reduces state funding in the General Fund dollar for dollar. *Projected P-34002 School Finance System HB 1, 79th Legislature Hold-Harmless structure “Target Revenue” 2005-06 under old law (S-1) 2006-07 under old law (S-2) 2006-07 under new law (S-3) CFISD is S-1 Target Revenue District Target Revenue per WADA $4,489 $5,094 $5,174 Excess of CyFair Target CypressFairbanks ISD Houston ISD Katy ISD $605 $685 Target Revenue Klein ISD Spring ISD Spring Branch ISD Tomball ISD $4,809 $4,833 $5,092 $5,415 $320 $344 $603 $926 Reasons for Low Target Revenue 20% Optional Homestead Exemption Student enrollment growth in 2005-06 Voter-authorized tax cap Budget Reduction Plan Goal Balanced Budget Analyze all current programs Preserve quality of instruction and services Reduce spending Provide long term solutions Place staff into open positions Budget Reduction Plan Process Reviewed all expenditures and revenue Reviewed comparison districts Staffing Salary Increases Identified areas to reduce costs Evaluated student to staff ratios Identified positions to realign Prioritized reductions The Plan Increase M&O tax rate from $1.024 to $1.04 Eliminate District level positions Reduce central special education positions The Plan Change staffing ratios for counselors Change staffing ratios for regular education teachers Change staffing ratios for assistant principals Change staffing ratios for instructional aides The Plan Change Helping Teacher assignments Reduce the number of media specialists Reduce kindergarten paraprofessionals Reduce the number of new teacher hires Reduce the number of bus stops per route Close two transportation daycare centers The Plan Reduced 99 District level positions Reduced 215 teacher positions Reduced 20 counselor positions Reduced 8 media specialist positions Reduced 14 assistant principal positions Reduced 80 paraprofessional positions Reduced 20 At-Risk allocations The Plan 456 positions reduced/eliminated $27,400,500 reductions/cost avoidances Revenues 2008-2009 Source Tax Revenues State Revenues Misc./Federal Total Budget $310,307,347 300,353,593 12,250,000 $622,910,940 Percent 49.8% 48.2% 2.0% 100.0% Revenues 2008-2009 Millions $350 $300 $250 $200 $150 $100 $50 $0 Property Tax State revenue Other Expenditures 2008-2009 Object Payroll Costs Purchased & Contracted Svc. Supplies & Materials Other Operating Capital Outlay Total Budget $552,634,014 40,360,257 19,332,713 8,775,940 1,808,016 $622,910,940 Percent 88.72% 6.48% 3.10% 1.41% 0.29% 100.00% Expenditures 2008-2009 Millions $600 $500 $400 $300 $200 $100 $0 6100 6200 6300 6400 6600 Expenditures 2008-2009 Function Instruction Instructional Resources & Media Curriculum & Instruction Staff Development Instructional Leadership School Leadership Guidance & Counseling Attendance & Social Work Proposed Budget $404,813,864 6,449,467 8,365,047 7,017,905 33,541,551 22,650,101 1,080,551 Expenditures 2008-2009 Function Health Services Student (Pupil) Transportation Co-Curricular/Extra-Curricular General Administration Plant Maintenance & Operations Proposed Budget $7,547,078 29,167,013 14,611,042 13,027,363 60,507,572 Expenditures 2008-2009 Function Security & Monitoring Data Processing Community Services Distribution Alternative Education (JJAEP) Proposed Budget $4,227,946 3,949,553 2,772,773 2,982,114 200,000 Expenditures What’s In Step movement for Teachers Nurses New teachers for student growth New schools Increase for fuel Increase for utilities Expenditures What’s In Contribution to the Health Insurance Fund DATE Grant Match Capital Outlay Inflation Debt Service Principal & Interest Tax Rate $119,271,096 $0.31 Other Funds Fund Food Service High School Allotment Technology Proposed Budget $40,286,276 $7,344,244 $2,816,924 Questions/Discussion