2017-18 Budget Hearing PRESENTED BY FINANCIAL SERVICES AUGUST 21, - - PowerPoint PPT Presentation
2017-18 Budget Hearing PRESENTED BY FINANCIAL SERVICES AUGUST 21, 2017 1 2017-18 Budget Overview The Texas Education Code requires that every local education agency in Texas prepare and file a budget of anticipated revenues and expenditures
PRESENTED BY FINANCIAL SERVICES AUGUST 21, 2017
1
The Texas Education Code requires that every local education agency in Texas prepare and file a budget of anticipated revenues and expenditures with the Texas Education Agency. The State Board of Education requires that this budget be prepared and adopted by August 31 by the Board of Trustees.
REVENUES Tax Revenue ($1.1266) 426,550,505 $ Other Local Revenue 11,085,000 State Funding 182,218,297 State TRS Contributions 34,830,262 Federal Revenue 20,090,765 Total Revenues 674,774,829 $
65% 32% 3%
Local Revenue State Revenue Federal Revenue
88% 12%
Payroll Costs Non-Payroll Costs
PAYROLL BUDGET Salaries 472,944,541 $ Other Compensation 30,010,652 Benefits 92,738,602 Total Payroll Budget 595,693,795 $
NON-PAYROLL COSTS Campus & Department Allocations 63,692,247 $ (Utilities, Fuel, Software, Appraisal Fees) Non-Allocations 14,363,592 TIRZ Contribution 3,520,130 Total Non-Payroll Costs 81,575,969 $
Payroll Costs 87.9% Purchased & Contracted Services 5.5% Capital Outlay 0% Other Operating 1.7% Supplies & Materials 4.8%
$445.9 $44.4 $68.3 $13.0 $82.1 $10.1 $0 $50 $100 $150 $200 $250 $300 $350 $400 $450 $500
Instruction & Instructional Related Instructional & School Leadership Support Services - Student Administrative Support Services Support Services - Non-Student Ancillary Services
Budgeted Fund Balance at September 1, 2017 194,908,158 $ Revenues Property Taxes and Other Local Revenues 437,635,505 State Program Revenues 217,048,559 Federal Program Revenues 20,090,765 Total Revenues 674,774,829 Expenditures Payroll Costs 583,779,919 Purchased and Contracted Services 36,620,093 Supplies and Materials 31,788,476 Other Operating Expenses 11,520,660 Capital Outlay 188,062 Total Expenditures 663,897,210 Operating Transfers In (Out) (5,514,560) Net Change to Fund Balance 5,363,059 Budgeted Fund Balance at August 31, 2018 200,271,217 $
GENERAL FUND
Budgeted Fund Balance at September 1, 2017 4,031,743 $ Revenues Local Revenues 15,353,000 State Program Revenues 172,000 Federal Program Revenues 14,240,205 Total Revenues 29,765,205 Expenditures Payroll Costs 13,055,513 Purchased and Contracted Services 78,936 Supplies and Materials 17,719,628 Other Operating Expenses 43,700 Capital Outlay 730,000 Total Expenditures 31,627,777 Operating Transfers In (Out) Net Change to Fund Balance (1,862,572) Budgeted Fund Balance at August 31, 2018 2,169,171 $ FOOD SERVICE FUND
Includes $20M principal defeasance
Budgeted Fund Balance at September 1, 2017 54,001,099 $ Revenues 147,660,835 606,612 1,800,000 Total Revenues 150,067,447 Expenditures Principal Payments * 71,306,790 Interest Payments 79,368,006 Fees - Trust Department and Other 312,285 Total Expenditures 150,987,081 Transfers In (Out) - Capital Projects & GOF Funds 3,414,560 Net Change to Fund Balance 2,494,926 Budgeted Fund Balance at August 31, 2018 56,496,025 $ DEBT SERVICE FUND Property Taxes ($0.39) Interest Earnings & Other Local State Revenues - ASAHE
Special Debt General Revenue Service Fund Fund Fund Total Fund Balance at September 1, 2017 $194,908,158 $4,031,743 $54,001,099 $252,941,000 Revenues
5700
Property Taxes and Other Local Revenues 437,635,505 15,353,000 148,267,447 601,255,952
5800
State Program Revenues 217,048,559 172,000 1,800,000 219,020,559
5900
Federal Program Revenues 20,090,765 14,240,205 34,330,970 Total Revenues 674,774,829 29,765,205 150,067,447 854,607,481 Expenditures
6100
Payroll Costs 583,779,919 13,055,513 596,835,432
6200
Purchased and Contracted Services 36,620,093 78,936 36,699,029
6300
Supplies and Materials 31,788,476 17,719,628 49,508,104
6400
Other Operating Expenses 11,520,660 43,700 11,564,360
6500
Debt Payments 150,987,081 150,987,081
6600
Capital Outlay 188,062 730,000 918,062 Total Expenditures 663,897,210 31,627,777 150,987,081 846,512,068 Operating Transfers In (Out) (5,514,560) 3,414,560 (2,100,000) Excess (Deficiency) of Revenues 5,363,059 (1,862,572) 2,494,926 5,995,414 Fund Balance at August 31, 2018 $200,271,217 $2,169,171 $56,496,025 $258,936,414 Proposed Official Budget 2017-18
Special Debt General Revenue Service Fund Fund Fund Total Revenues
5700 Property Taxes and Other Local Revenues
437,635,505 15,353,000 148,267,447 601,255,952
5800 State Program Revenues
217,048,559 172,000 1,800,000 219,020,559
5900 Federal Program Revenues
20,090,765 14,240,205 34,330,970 Total Revenues 674,774,829 29,765,205 150,067,447 854,607,481 Expenditures
11
Instruction 428,700,455 428,700,455
12
Instructional Resources and Media Services 8,189,483 8,189,483
13
Curriculum and Instructional Staff Development 9,017,056 9,017,056
21
Instructional Leadership 5,573,036 5,573,036
23
School Leadership 38,873,775 38,873,775
31
Guidance, Counseling and Evaluation Services 28,152,842 28,152,842
33
Health Services 6,692,130 6,692,130
34
Student (Pupil) Transportation 19,511,287 19,511,287
35
Food Services 30,897,777 30,897,777
36
Co-curricular/Extracurricular Activities 13,922,103 13,922,103
41
General Administration 13,013,832 13,013,832
51
Plant Maintenance and Operations 60,991,342 60,991,342
52
Security and Monitoring Services 7,922,547 7,922,547
53
Data Processing Services 13,229,700 13,229,700
61
Community Services 356,950 356,950
71
Debt Service 150,987,081 150,987,081
81
Facilities Acquisition and Construction 1,108,602 730,000 1,838,602
93
Payments to Fiscal Agents 658,200 658,200
95
Payments to Juvenile Justice Education Program 138,740 138,740
97
Payments to Tax Increment Fund 3,520,130 3,520,130
99
Intergovernmental 4,325,000 4,325,000 Total Expenditures 663,897,210 31,627,777 150,987,081 846,512,068 Operating Transfers In (Out) (5,514,560) 3,414,560 (2,100,000) Excess (Deficiency) of Revenues 5,363,059 (1,862,572) 2,494,926 5,995,413 Proposed Budget 2017-18
20