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Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

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Presentation on theme: "Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA."— Presentation transcript:

1 Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA

2 State Budget and Funding Information

3 Supplemental Funding for FY 2014 SB 2127 Ad Valorem Reimbursement Section 133 of SB 2127 $ 25,523, to the State Board of Education to be transferred to the Ad Valorem Reimbursement Fund

4 FY 2015 Budget

5 SB 2127 – GA Bill SB2127 provides the general appropriation: – General Revenue: $ 1,055,294, – 1017 Fund: $ 738,625, – Technology Revolving: $ 47,372, – Mineral Leasing (2015): $ 3,800, – Mineral Lease (2013): $ 1,032, – Lottery (2015): $ 25,768, – Lottery (2013): $ 5,677, TOTAL Formula FY15 $1,877,570,777.00

6 Total Formula Dollars FY 12$1,815,185, FY 13$1,816,091, Difference FY 12-FY 13+ $ 906, FY 14$1,837,570, Difference FY 13-FY 14+ $21,479, FY 15$1,877,570, Difference FY 14-FY 15+ $39,999, Difference FY 12-FY 15+ $62,385,618.00

7 School Land Commission The CLO is continuing to exercise authority to control the volatility of lease-bonus revenue through the lease-bonus stabilization fund. Total financial support from CLO is guaranteed at $93M for this fiscal year but CLO estimates that it will distribute between $93.4 and $93.5 Million this year!

8 History from FY 12 to FY 15 General Revenue Fund – FY 12:$ 1,100,640, – FY 13:$ 1,007,314, – FY 14:$ 986,672, – FY 15:$ 1,055,294, – Difference FY12 - FY15: (-) $ 45,346, – Difference FY14 - FY15: (+) $ 68,621,671.00

9 History from FY 12 to FY Fund – FY 12:$ 634,894, – FY 13:$ 726,162, – FY 14:$ 767,691, – FY 15:$ 738,625, – Difference FY12 - FY15: (+) $103,730, – Difference FY14 - FY15: (-) $ 29,066,240.00

10 History from FY 12 to FY 15 Lottery Trust – FY 12:$ 28,870, – FY 13:$ 29,402, – FY 14:$ 30,752, – FY 15:$ 25,768, – Difference: FY14 – FY15(-) $ 4,984,050.00

11 History from FY 12 to FY 15 Mineral Leasing – FY 12:$ 2,850, – FY 13:$ 4,376, – FY 14:$ 5,081, – FY 15:$ 3,800, – Difference FY14 – FY15: (-) $ 1,281,422.00

12 The SDE Activities Budget

13 History from FY 12 to FY 15 SDE Activities Account - Unrestricted – FY 12:$ 401,224, Lump sum given to SDE without line items – FY 13:$ 7,925, Lump sum given to SDE without line items – FY 14:$ 507,772, Lump sum given to SDE without line items – FY 15:$ 5,400, Lump sum given to SDE for school reward grants

14 HB 3513 i.FBA – 1.Certified Staff:$263,856, Support Staff:$143,824, Total Appropriation:$407,780, ii.National Board Teachers:$ 11,695, iii.Speech Path, Audiologist Bonuses:$ 3,247, iv.Alternative Education: $ 14,027, v.Reading Sufficiency Act:$ 6,500, vi.Sooner Start / Early Intervention:$ 14,417, vii.Early Childhood Pilot Program:$ 10,500, viii.Federal School Lunch Match:$ 4,960, ix.OTRS Offset Credit:$ 35,311, x.Textbook Funding to SDE:$ 33,000,000.00

15 Programs in HB 3513 – OPAT$ 1,000, – Rural Infant Stimulation Program $ 529, – Summer Arts Institute $ 350, – Ag in the Classroom $ 38, – General Ed Development Test $ 0.00 – Financial Literacy $ 150, – Part of Reform Implementation – ACE$ 8,000, – Advanced Placement Inc. $ 4,150,000.00

16 Reform Implementation ($42,859,836.00) K-20 OAS Standards PD $ 564, K-20 STEM-Ready Elem Schools $ 300, Think Through Math $ 1,800, Staff Development $ 4,250, TLE VAM $ 2,000, rd Grade Reading Readiness $ 2,500, Student Information Data System $ 1,845, REAC3H Coaches $ 0.00 Testing $ 3,000, Teach for America $ 2,500, School Rewards Grant Pool $ 5,400,000.00

17 Total Appropriations Comparison FY 2012 $ 2,278,158, FY 2014 $ 2,407,604, FY 2013 $ 2,333,604, FY 2015 $ 2,479,424,061.00

18 SB 1469 – Moratorium on Accreditation Standards SB 1469, passed in 2014, extended the moratorium on withdrawal of accreditation for failure to meet certain requirements: – Class size – Library / Media Expenditure – Textbooks Moratorium is effective until June 30, 2016.

19 History of Funding Factors Initial FY12:$ 3, per WADM – 1,030, WADM End of Year FY12:$ 3, per WADM – 1,053, WADM End of Year FY13:$ 3, per WADM – 1,071, WADM Mid-Year FY14:$ 3, per WADM – 1,088, WADM

20 July 2014 Factors Mid-term Set Aside $1,877,570,777 X 1.5% = $28,163,561 Chargeable Growth Approx. $40,000,000 New Formula $$ $39,999,998 July Weighted ADM Adjustment students X $3,032 = $25,128,003

21 New Formula SS $105,128,001 Less Set Aside 28,163,561 Less Set Aside Charter/LNH 15,000,000 $61,964,440 divided by 1,088,759 = $ = $

22 Questions?


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