1. Board Budget Update
February 6, 2017

2. Revenue Assumptions
Current legislative session will determine funding for fiscal year and
Early in legislative session, assumes no State funding increases
7.5% taxable value growth in ; 3% taxable value growth beyond
Enrollment growth based on demographer’s projections

3. Enrollment Projections
Templeton Demographers
Quarterly updates
Review enrollments by campuses, economic factors, new housing, etc. for comprehensive prediction of student enrollment
Enrollment growth
Five Years 2,430
Ten Years 5,450
Enrollment
Budget 11,456
Current 11,457
Projection 11,854

4. Taxable Value Projections
Overall increase in values for
12.6%
$600 million before freeze
Overall increase in values for
7.5%
$652 million
3.0% annual increases beyond
Frozen values represent ~27% of total values

5. Revenue per WADA
As the average daily attendance increases, the weighted average daily attendance (WADA) also increases
State funding is tied to WADA
Unless changed by future legislation, the revenue per WADA will remain relatively flat
New revenue will be driven primarily by WADA growth

6. Recapture Recapture increases significantly beginning in 2016-2017
$514,000 Tier 1 level determined by legislation
Tier 1 recapture represents a significant portion of total recapture
Tier 2 recapture is based upon the pennies above $1.06
Recapture increases sharply by , then is expected to remain above $13 million

7. Revenue Projections
State funding levels per student remain constant after
Anticipated revenue and ADA growth for to
Year Revenue ADA
% %
% %
% %
% %
% %

8. Revenue Projections per ADA
Anticipated increase between 2.8% and 4.3% in ADA over the next 5 years
Revenue projections shows a drop in revenue per ADA of $476 starting in

9. Peer District Teacher Salaries
Peer districts with approximate enrollment between 10,000 and 10,300 with similar economic disadvantaged student populations
Georgetown ISD teacher salaries are below the average peer district levels
Fiscal year 2015, Deer Park ISD was $6,300 per teacher greater than the average peer district
Georgetown ISD was $2,600 per teacher less than the average peer district

10. Peer Operating Expenditures
Average operating costs of all funds was $7,422 per student
Georgetown ISD and two other districts exceeded the average spending level
Deer Park ISD and Georgetown ISD had total payroll spending levels

11. Ratio of Students to Teachers
Neighboring Districts
Round Rock
Leander
Hutto
Pflugerville
Peer Districts
Belton
Brazosport
Burleson
College Station
Deer Park
Magnolia
Sharyland