1. 2010- 2011 Greenville ISD 3504 King St/P.O. Box 1022 Greenville, Texas 75403 www.greenvilleisd.org Greenville Independent School District

2. Tonight’s Agenda

3. Budget Process Timeline July 5 th – Budget Workshop July 25 th – Certified Roll is received from Hunt County Appraisal District July 26 th – Approve Proposed Budgets, Set Public Hearing Date to Discuss Budget August 1st – Publish Notice of Public Hearing August 18 th – Adopt 2011-12 Budgets August 18 th – Adopt 2011-12 Tax Rates

4. Public Hearing Date Texas ISDs MUST hold Public Hearing to discuss Proposed Tax Rate & Budget – August 18, 2011 Texas ISDs MUST publish notice no later than 10 days before Public Hearing Motion before Board for approval tonight is to authorize advertising notice for Public Hearing set for August 18, 2011

5. 2011-12 Proposed Tax Rates 2010-11 Adopted M&O Rate = $1.0400 2011-12 Proposed M&O Rate = $1.0400 2010-11 Adopted I&S Rate = $0.15480 2011-12 Proposed I&S Rate = $0.14164 Total 2010-11 Adopted Rate = $1.19480 Total 2011-12 Proposed Rate = $1.18164 2011-12 Proposed Rate 1.316 cents LOWER M&O I&S Total

6. Student Nutrition Fund Approved Extending partnership with Chartwells for 2011-12 No Student Meal Price Increases proposed for 2011-12 Guaranteed surplus for 2011-12 projected at $96,306

7. Student Nutrition Fund

8. Debt Service Fund Debt service requirements ~$300,000 lower in 2011-12 and for remainder of life. Refunded Series 2001 – Projected savings totaling ~$225,000. Healthy Fund Balance to help hedge against future unforeseen circumstances and to promote higher bond ratings.

9. Debt Service Fund

10. General Fund TASB Salary Study Proposals 2011-12 Budget Proposals 5 Year Outlook with Proposed Options

11. TASB Salary Study Option #1 TASB – Option #1 No general salary increases; Raises starting teacher’s salary from $37,720 to $38,000; Makes adjustments to District’s pay structure for ALL staff (i.e. admin, teachers, auxiliary, etc.); Total estimate of cost $74,136 See Attachment (A)

12. TASB Salary Study Option #2 TASB – Option #2 General 1% pay increase for non- teaching staff; $500 pay increase for teachers; Raises starting teacher’s salary from $37,720 to $38,000; Makes adjustments to Districts pay structure for ALL staff (i.e. admin, teachers, auxiliary, etc.); Total estimate of cost $315,000 See Attachment (B)

13. General Fund – Proposals

14. 5 Year Outlook – w/All Options

15. QUESTIONS FROM BOARD OF TRUSTEES Greenville Independent School District prepares, inspires, and empowers students in a safe and nurturing environment to become responsible citizens who successfully compete in a global society. GISD Mission Statement