2018-19 Budget Hearing PRESENTED BY FINANCIAL SERVICES AUGUST 20, - - PowerPoint PPT Presentation
2018-19 Budget Hearing PRESENTED BY FINANCIAL SERVICES AUGUST 20, 2018 1 2018-19 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 20, 2018
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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 ($1.1466) 443,256,388 $ Other Local Revenue 13,366,700 State Funding 209,450,746 State TRS Contributions 36,376,443 Federal Revenue 12,699,339 Total Revenues 715,149,616 $
64% 34% 2%
Local Revenue State Revenue Federal Revenue
88% 12%
Payroll Costs Non-Payroll Costs
PAYROLL BUDGET Salaries 499,491,021 $ Other Compensation 32,816,896 Benefits 96,733,841 Total Payroll Budget 629,041,758 $
NON-PAYROLL COSTS Campus & Department Allocations 68,341,156 $ (Utilities, Fuel, Software, Appraisal Fees) Non-Allocations 13,757,208 TIRZ Contribution 4,797,789 Total Non-Payroll Costs 86,896,153 $
Payroll Costs 87.8% Purchased & Contracted Services 5.2%
Capital Outlay 0% Other Operating 2.2%
Supplies & Materials 4.7%
$468.6 $45.9 $72.3 $15.3 $88.3 $11.4 $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, 2018 206,470,936 $ Revenues Property Taxes and Other Local Revenues 456,623,088 State Program Revenues 245,827,189 Federal Program Revenues 12,699,339 Total Revenues 715,149,616 Expenditures Payroll Costs 616,460,919 Purchased and Contracted Services 36,634,830 Supplies and Materials 33,246,006 Other Operating Expenses 15,258,658 Capital Outlay 222,085 Total Expenditures 701,822,498 Operating Transfers In (Out) (13,268,893) Net Change to Fund Balance 58,225 Budgeted Fund Balance at August 31, 2019 206,529,161 $
GENERAL FUND
Budgeted Fund Balance at September 1, 2018 4,304,959 $ Revenues Local Revenues 14,635,000 State Program Revenues 180,000 Federal Program Revenues 16,445,893 Total Revenues 31,260,893 Expenditures Payroll Costs 13,679,905 Purchased and Contracted Services 84,000 Supplies and Materials 18,192,306 Other Operating Expenses 43,900 Capital Outlay Total Expenditures 32,000,111 Operating Transfers In (Out) Net Change to Fund Balance (739,218) Budgeted Fund Balance at August 31, 2019 3,565,741 $ FOOD SERVICE FUND
Includes $5M principal defeasance
Budgeted Fund Balance at September 1, 2018 56,382,357 $ Revenues 143,035,814 1,125,000 1,881,841 Total Revenues 146,042,655 Expenditures Principal Payments * 71,970,000 Interest Payments 85,058,234 Fees - Trust Department and Other 321,766 Total Expenditures 157,350,000 Transfers In (Out) - Capital Projects & GOF Funds 12,048,893 Net Change to Fund Balance 741,548 Budgeted Fund Balance at August 31, 2019 57,123,905 $ DEBT SERVICE FUND Property Taxes ($0.37) Interest Earnings & Other Local State Revenues - ASAHE
Special Debt General Revenue Service Fund Fund Fund Total Fund Balance at September 1, 2018 $206,470,936 $4,304,959 $56,382,357 $267,158,252 Revenues
5700
Property Taxes and Other Local Revenues 456,623,088 14,635,000 144,160,814 615,418,902
5800
State Program Revenues 245,827,189 180,000 1,881,841 247,889,030
5900
Federal Program Revenues 12,699,339 16,445,893 29,145,232 Total Revenues 715,149,616 31,260,893 146,042,655 892,453,164 Expenditures
6100
Payroll Costs 616,460,919 13,679,905 630,140,824
6200
Purchased and Contracted Services 36,634,830 84,000 36,718,830
6300
Supplies and Materials 33,246,006 18,192,306 51,438,312
6400
Other Operating Expenses 15,258,658 43,900 15,302,558
6500
Debt Payments 157,350,000 157,350,000
6600
Capital Outlay 222,085 222,085 Total Expenditures 701,822,498 32,000,111 157,350,000 891,172,609 Operating Transfers In (Out) (13,268,893) 12,048,893 (1,220,000) Excess (Deficiency) of Revenues 58,225 (739,218) 741,548 60,556 Fund Balance at August 31, 2019 $206,529,161 $3,565,741 $57,123,905 $267,218,808 Proposed Official Budget 2018-19
Special Debt General Revenue Service Fund Fund Fund Total Revenues
5700 Property Taxes and Other Local Revenues
456,623,088 14,635,000 144,160,814 615,418,902
5800 State Program Revenues
245,827,189 180,000 1,881,841 247,889,030
5900 Federal Program Revenues
12,699,339 16,445,893 29,145,232 Total Revenues 715,149,616 31,260,893 146,042,655 892,453,164 Expenditures
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Instruction 450,618,780 450,618,780
12
Instructional Resources and Media Services 8,321,968 8,321,968
13
Curriculum and Instructional Staff Development 9,674,450 9,674,450
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Instructional Leadership 5,867,887 5,867,887
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School Leadership 40,054,526 40,054,526
31
Guidance, Counseling and Evaluation Services 30,729,373 30,729,373
33
Health Services 7,403,791 7,403,791
34
Student (Pupil) Transportation 19,476,047 19,476,047
35
Food Services 32,000,111 32,000,111
36
Co-curricular/Extracurricular Activities 14,714,812 14,714,812
41
General Administration 15,298,628 15,298,628
51
Plant Maintenance and Operations 65,831,319 65,831,319
52
Security and Monitoring Services 8,930,721 8,930,721
53
Data Processing Services 13,512,883 13,512,883
61
Community Services 323,260 323,260
71
Debt Service 157,350,000 157,350,000
81
Facilities Acquisition and Construction 896,687 896,687
93
Payments to Fiscal Agents 658,000 658,000
95
Payments to Juvenile Justice Education Program 123,577 123,577
97
Payments to Tax Increment Fund 4,797,789 4,797,789
99
Intergovernmental 4,588,000 4,588,000 Total Expenditures 701,822,498 32,000,111 157,350,000 891,172,609 Operating Transfers In (Out) (13,268,893) 12,048,893 (1,220,000) Excess (Deficiency) of Revenues 58,225 (739,218) 741,548 60,555 Proposed Budget 2018-19
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