HISD BUDGET & TAX RATE PUBLIC HEARING 8-24-17 17-18 Budget - PowerPoint PPT Presentation

HISD BUDGET & TAX RATE PUBLIC HEARING 8-24-17

17-18 Budget Assumptions • Current Enrollment: 6,946 • Projected Enrollment: 7,456 +510 +7.3% • Property Value Growth: 15% $2.6 Billion • Tax Rate – M&O $1.17 • Tax Rate – I&S $0.4500 • Total Tax Rate $1.62 • 16-17 Total Budget $58.9M • 17-18 Projected Budget $63.7M • 16-17 Cost per Student $8,479 • 17-18 Projected Cost Per Student $8,548 • 1,028 Independent School Disticts 148 th (17/18 138 th est.)

Enrollment Projections  Total Students 16-17 6,946  Projected Students 17-18 7,456  Student Net Increase +510 (7.3%)  Student Growth Makeup +510  Elementary Growth +239 47%  Middle School Growth +143 28%  HS Growth +128 25%  Total Students 7,456  Elementary Students: 3,677  Middle School Students: 1,746  High School Students: 2,033

DEMOGRAPHICS 06-07

DEMOGRAPHICS 16-17 16-17 Free/Reduced Lunch Students: 42% Asian/Pacific Native American Islander 0.2% 1.3% 2 or More White 5.1% African-American 37.5% 12.9% Hispanic 43%

Accelerated Instruction/Comp Ed 6100 - Salaries $2,704,377 6300 – Supplies $ 40,879 6400 – Fees/Misc $ 6,457 Total Accelerated Instr/Comp Ed $2,751,713

HUTTO INDEPENDENT SCHOOL DISTRICT PROPOSED BUDGET 2017-18 FOOD DE BT GE NE RAL SE RVICE SE RVICE FU NCTION FU ND FU ND FU ND E stimated Rev enues 5711 - PROPERTY TAXES $ 31,840,000 $ 11,750,000 5700 - OTHER LOCAL REV ENUE $ 1,446,000 $ 1,233,150 5800 - STATE REV ENUE $ 30,050,000 $ 40,116 $ 376,000 5900 - FEDERAL REV ENUE $ 1,120,000 $ 2,033,997 Total E stimated Rev enue $ 64,456,000 $ 3,307,263 $ 12,126,000 E stimated E xpenditures 11 - Instruction $ 37,050,839 12 - Instructional Resources $ 374,487 13 - Curriculum and Staff Develop $ 2,311,774 21 - Instructional Leadership $ 265,980 23 - Campus Administration $ 3,232,176 31 - G uidance & Counseling $ 1,575,158 33 - Health Services $ 757,564 34 - Pupil Transportation $ 3,062,760 35 - Food Service $ 13,000 $ 3,289,163 36 - Co-Curricular Activities $ 1,680,837 41 - G eneral Administration $ 2,073,286 51 - Maintenance and Operations $ 6,256,912 52 - Security and Monitoring $ 1,069,087 53 - Data Processing $ 1,833,272 61 - Community Services $ 949,868 71 - Debt Service $ 850,000 $ 12,465,000 95 - Payments to JJAEP's $ 55,000 99 - Other Intergov. Charges $ 325,000 Total Estimated Ex penditures $ 63,737,000 $ 3,289,163 $ 12,465,000 TAX RATE : $ 1.17 $ 0.4500 $ 719,000 $ 18,100 $ (339,000) Ex cess/(Deficiency) Total Rev enues - All Funds $ 79,889,263 Total E xpenditures - All Funds $ 79,491,163 E xcess/(Deficiency) $ 398,100

HUTTO INDEPENDENT SCHOOL DISTRICT PROPOSED BUDGET SUMMARY COMPARISON - 16/17 TO 17/18 PER PUPIL COST BUDGET SUMMARY 2016-17 2017-18 16-17 17-18 FUNCTION ACTUAL BUDGE T PROPOSE D BUDGE T PE R PUPIL PE R PUPIL INSTRUCTION 11 - Instruction $ 33,825,000 $ 37,050,839 $ 4,870 4,969 12 - Instructional Resources, Media $ 255,000 $ 374,487 $ 37 50 13 - Curriculum/Staff Development $ 1,987,000 $ 2,311,774 $ 286 310 95 - Payments to JJAEP's $ 55,000 $ 55,000 $ 8 7 Total Instruction $ 36,122,000 $ 39,792,100 $ 5,200 $ 5,337 INSTRUCTIONAL SUPPORT 21 - Instructional Leadership $ 295,000 $ 265,980 $ 42 36 23 - School Leadership $ 3,170,000 $ 3,232,176 $ 456 434 31 - Guidance & Counseling, Evaluation $ 1,350,000 $ 1,575,158 $ 194 211 32 - Social Services $ - $ - $ - - 33 - Health Services $ 695,000 $ 757,564 $ 100 102 36 - Co-Curricular/Ex tra-Curricular Activities $ 1,916,000 $ 1,680,837 $ 276 225 Total Instructional Support $ 7,426,000 $ 7,511,715 $ 1,069 $ 1,007 CE NTRAL ADMINISTRATION 41 - General Administration $ 2,195,000 $ 2,073,286 $ 316 278 DISTRICT OPE RATIONS 51 - Maintenance and Operations $ 5,760,000 $ 6,256,912 $ 829 839 52 - Security and Monitoring $ 1,025,000 $ 1,069,087 $ 148 143 53 - Data Processing $ 1,540,000 $ 1,833,272 $ 222 246 34 - Student Transportation $ 2,713,000 $ 3,062,760 $ 391 411 35 - Food Services $ 3,420,000 $ 3,302,163 $ 492 443 Total District Operations $ 14,458,000 $ 15,524,194 $ 2,081 $ 2,082 DE BT SE RVICE 71 - Debt Service $ 13,175,000 $ 13,315,000 $ 1,897 1,786 OTHE R 61 - Community Services $ 825,000 $ 949,868 $ 119 127 81 - Facilities Acquisition & Construction $ 90,000 $ - $ 13 - 93 - Payments to Fiscal Agents $ - $ - $ - - 99 - Intergov Charges-Tax Appraisals $ 263,000 $ 325,000 $ 38 44 Total Other $ 1,178,000 $ 1,274,868 $ 170 $ 171 $ 10,733 10,661 Total Estimated Ex penditures - ALL FUNDS $ 74,554,000 $ 79,491,163 $ 8,479 8,548 Total Estimated Ex penditures - OPERATING $ 58,894,000 $ 63,737,000 Total Tax Rate $ 1.6655 $ 1.62 Estimated number of Students Served 6,946 7,456

EXPENDITURE HIGHLIGHTS • Staff Raises: 2.3% Teachers 2% Staff $ 1,000,000 • Additional Staffing-Growth $ 2,465,000 • Increase in Benefit Costs $341 to $351/month $ 725,000 • Campus Budget Increases-Growth $ 175,000 • Buses/vehicles $ 250,000 (2 buses, 1 mini) • Technology $ 535,000 • Career and Tech $ 250,000 • Employee Retention/Energy Savings $ 275,000

Tax Rate Reduction Option .01 cent = $266,000 Property Value Growth: 15% vs 10% Current Proposed M&O $1.17 $1.17 Debt Service $ .4955 $ .4500 Total Tax Rate $1.6655 $1.6200 (.0455) Reduce Debt Service Tax Rate to $0.4500 $11,750,000 (100%) State Aid $ 376,000 Bond Payment $12,465,000 Potential use of Fund Balance ($339,000) 16-17 Added to Fund Balance + 406,000

HUTTO INDEPENDENT SCHOOL DISTRICT OFFICIAL AMENDED BUDGET 2016-17 GENERAL FUND ORIGINAL BUDGE T AME NDE D FUNCTION BUDGE T AME NDME NTS BUDGE T E stimated Rev enues 5711 - PROPERTY TAXES $ 25,296,000 $ 2,149,000 $ 27,445,000 5700 - OTHER LOCAL REVENUE $ 1,446,000 $ 74,000 $ 1,520,000 5800 - STATE REVENUE $ 30,226,000 $ (76,000) $ 30,150,000 5900 - FEDERAL $ 1,120,000 $ 145,000 $ 1,265,000 Total E stimated Rev enue $ 58,088,000 $ 2,292,000 $ 60,380,000 E stimated E xpenditures 11 - Instruction $ 34,469,015 $ (644,015) $ 33,825,000 12 - Instructional Resources $ 381,910 $ (126,910) $ 255,000 13 - Curriculum and Staff Develop $ 1,685,174 $ 301,826 $ 1,987,000 21 - Instructional Leadership $ 156,665 $ 138,335 $ 295,000 23 - Campus Administration $ 3,192,652 $ (22,652) $ 3,170,000 31 - Guidance & Counseling $ 1,238,309 $ 111,691 $ 1,350,000 33 - Health Services $ 682,661 $ 12,339 $ 695,000 34 - Pupil Transportation $ 2,416,274 $ 296,726 $ 2,713,000 35 - Food Service $ 10,000 $ - $ 10,000 36 - Co-Curricular Activities $ 1,649,286 $ 266,714 $ 1,916,000 41 - General Administration $ 2,081,839 $ 113,161 $ 2,195,000 51 - Maintenance and Operations $ 4,647,637 $ 1,112,363 $ 5,760,000 52 - Security and Monitoring $ 885,653 $ 139,347 $ 1,025,000 53 - Data Processing $ 1,317,820 $ 222,180 $ 1,540,000 61 - Community Services $ 808,105 $ 16,895 $ 825,000 71 - Debt Service $ 930,000 $ (5,000) $ 925,000 81 - Capital Outlay $ 115,000 $ (25,000) $ 90,000 93 - Payments to Fiscal Agents $ 1,100,000 $ (1,100,000) $ - 95 - Payments to JJAEP's $ 75,000 $ (20,000) $ 55,000 99 - Other Intergov. Charges $ 245,000 $ 18,000 $ 263,000 $ 58,088,000 $ 806,000 $ 58,894,000 Total Estimated Ex penditures Ex cess/(Deficiency) $ - $ 1,486,000

AMENDED FOOD SERVICE FUND 16-17 ORIGINAL BUDGE T AME NDE D FUNCTION BUDGE T AME NDME NTS BUDGE T E stimated Revenues 5700 - LOCAL REVENUE $ 1,110,747 $ 169,253 $ 1,280,000 5800 - STATE REVENUE $ 17,000 $ 15,000 $ 32,000 5900 - FEDERAL REVENUE $ 1,816,591 $ 298,409 $ 2,115,000 Total E stimated Revenue $ 2,944,338 $ 482,662 $ 3,427,000 E stimated E xpenditures 35 - Food Service $ 2,926,238 $ 986,994 $ 3,410,000 Total Estimated Expenditures $ 2,926,238 $ 986,994 $ 3,410,000 Excess/(Deficiency) $ 18,100 $ 17,000 AMENDED DEBT SERVICE FUND 16-17 ORIGINAL BUDGE T AME NDE D FUNCTION BUDGE T AME NDME NTS BUDGE T E stimated Revenues 5700 - LOCAL I&S TAXES $ 10,725,000 $ 875,000 $ 11,600,000 5800 - STATE REVENUE $ 1,422,120 $ (567,120) $ 855,000 7900 - SALE OF BONDS $ - $ 201,000 $ 201,000 Total E stimated Revenue $ 12,147,120 $ 508,880 $ 12,656,000 E stimated E xpenditures 71 - Debt Services $ 12,147,120 $ 500,000 $ 12,250,000 Total Estimated Expenditures $ 12,147,120 $ 500,000 $ 12,250,000 Excess/(Deficiency) $ - $ 406,000

State Share: 24% 19% 21% 19% 17% 17% 14% 7% 3%