7 Number of Teachers by Five-Year Experience Group
8 FY2012 Budget The annual school budget is a financial representation of a school districts educational program. October 1 - September 30 fiscal year. $190 million annual budget Education is service oriented. 71% of our operating budget is for personnel. $8,769 per pupil expenditure from operations.
11 41¢1¢6¢11¢9¢12¢18¢2¢ Instructional Services Instructional Support Services Debt Service Auxiliary Services Capital Outlay General Administrative Services Operations & Maintenance Other Expenditures FY 2012 Budget Expenditures
12 50¢11¢15¢13¢2¢7¢2¢ Instructional Services Instructional Support Services Auxiliary Services Other Expenditures Operations & Maintenance General Administrative Services Debt Service FY 2012 Budget Expenditures * Adjusted for Capital Projects * Adjusted for Capital Projects
15 Did You Know? Unfunded Mandates for FY2010 (cost to local system)$12,967,091Unfunded Mandates for FY2010 (cost to local system)$12,967,091 The 10 mill charge back for theThe 10 mill charge back for the Tuscaloosa County School System:$ 11,447,340 Line of Credit Borrowed and Carried over to FY2011: $ 8,500,000Line of Credit Borrowed and Carried over to FY2011: $ 8,500,000 Line of Credit Anticipated to Borrow in FY2012: NO ADDITIONAL LOANLine of Credit Anticipated to Borrow in FY2012: NO ADDITIONAL LOAN Projected Line of Credit debt unpaid as of 9/30/2011:$6,000,000Projected Line of Credit debt unpaid as of 9/30/2011:$6,000,000 Number of Employees Lost (FY2012)Number of Employees Lost (FY2012) –Certified: 43.61 –Support : 16.64 Dollars lost due to 2009 proration:$10.3 millionDollars lost due to 2009 proration:$10.3 million Dollars lost due to 2010 proration:$ 8.6 millionDollars lost due to 2010 proration:$ 8.6 million Dollars lost due to 2011 proration:$ 2.6 millionDollars lost due to 2011 proration:$ 2.6 million All ARRA funds will be spent by September 30, 2011All ARRA funds will be spent by September 30, 2011
16 Balances CASH BALANCE AT SEPTEMBER 30, 2011 ESTIMATED Bank Balance after Payroll and Accounts Payable Check Run ($6,000,000) Loan Proceeds from Bank Loan ($15,000,000 Line of Credit) $6,000,000 FUND BALANCES AT SEPTEMBER 30 Ending Fund Balance as of September 30, 2010 ($4,614,989) Estimated Ending Fund Balance as of September 30, 2011 ($1,000,000) Estimated Ending Fund Balance as of September 30, 2012 $163,363
17 FY2012 Budget Assumptions We budgeted an increase of two percent for FY2012 above the FY2011 actual Tuscaloosa County Sales Tax collections. Both county-wide and district ad valorem taxes will increase at two percent in FY2012 above the FY2011 level. We will only staff for teachers in schools at the level funded by the Foundation Program.
18 FY2012 Budget Assumptions All athletic supplements will be reduced by ten percent One-half of the grass cutting supplements will no longer be paid by the central office with local funds. We will continue to provide local schools with a $25.00 operations allocation. These funds are generally used by schools to pay for copy machine rental and janitorial supplies.
19 FY2012 Budget Assumptions Art and music allocation to middle and high schools will continue at the 2009 pre-Proration rate We will use all of the fifteen percent of the county-wide one-cent sales tax for operations Transportation is not fully funded and the budget includes flexed Public School Funds to cover $850,000 of the $1,200,000 shortfall We can not reduce teacher units below the Foundation Program funded level
20 FY2012 Budget Assumptions We are transferring $2,500,000 from the General Fund to the Debt Service Fund to repay a portion of our short-term loan. Since we estimate our loan at September 30, 2011 will be about $6 million, and interest will total about $240,000, our loan balance at September 30, 2012 will be about $3.7 million.
21 FY2012 Budget Highlights We restructured debt to free up more than $1,412,807 in FY2012. Our 10 mill match increased by $1,548,960 limiting the amount available for local revenue in FY2012
22 FY2012 Budget Highlights As a benefit of the Boards membership in AASB, we received $448,121 to date in FY2011 from Medicaid Reimbursement. We have budgeted to receive $300,000 in FY2012 from Medicaid Reimbursement –This is used to offset the cost of special education services not adequately funded by state or federal sources.
25 Salaries and Benefits Total Salaries $79,420,793PY$81,428,163 –From State Sources $67,881,372PY$64,835,985 –From Federal Sources $ 7,793,266PY$11,980,684 –From Local Sources $ 3,736,155PY$ 4,611,494 Total Benefits $30,629,496PY$34,805,407 –District Health Insurance Contribution – $17,055,051PY$18,645,702 Total Salaries and Benefits $110,050,289PY$116,233,570
26 Special Programs Pre-Kindergarten $1,264,100PY$1,170,562 Special Education $15,555,910PY$16,910,291 –Federal Funds$ 3,285,309PY$ 6,904,738 –State Funds$11,715,548PY$ 9,715,597 –Local Funds$ 555,053PY$ 289,956 Career Technical $2,699,222PY$2,737,052 School Nurses $1,475,950PY$1,652,452
27 Special Allocations Utilities for Schools – $ 4,793,281PY$4,580,835 Operational Allocation – $25.00/student $ 442,000PY$439,289
28 Other Facts Debt Service $14,524,221PY$4,876,390 2001 Leverage Public School Funds 2004 Lease School Buses 2005 School District Warrants 2006 Lease School Buses 2007 Lease School Buses 2008 Lease School Buses 2009 Leverage Public Schools Funds 2010 School District Warrants 2011 Leverage Public Schools Funds 2011 Schools District Warrants
29 Personnel Certified Personnel Funded by the State 1,165 Actual Certified Personnel 1,224 Paid with Federal Funds 49 Paid with Local Funds 9 –Central Office Administrators 4 –Instructional Services 1.2 –Instructional Support Services 1.9 –Pre-K 1.23
30 FY 09 =$10.3 million FY 10 =$ 8.6 million FY 11 =$ 2.6 million TOTAL =$21.5 million How much state funding have we lost due to proration?
31 This equates to FY 09 $606.96 per child FY 10 $492.76 per child FY 11 $145.55 per child Total $1,245.27 per child Loss per child