LEGISLATIVE BUDGET BOARD FOUNDATION SCHOOL PROGRAM ESTIMATES 84th - PowerPoint PPT Presentation

LEGISLATIVE BUDGET BOARD � FOUNDATION SCHOOL PROGRAM ESTIMATES 84th Legislature, Regular Session 2015 The following pages contain estimates of the state cost and changes in school district revenues resulting from certain actions taken by the 84th Legislature during the regular session in 2015 affecting the Foundation School Program. The summary page and district detail provided for LBB Model 84497 reflect the $1.5 billion increase made in Foundation School Program Entitlement for the 2016-2017 biennium. The $1.5 billion increase consists of $1.2 billion distributed through the basic allotment, $200 million for M&O rate conversion affecting districts with compressed rates below $1.00 (fractional funding), funding for the New Instructional Facilities Allotment (NIFA) of $23,750,000 each year, and $55.5 million for Instructional Facilities Allotment (IFA) awards in fiscal year 2017. Please note that district detail for FY16 and FY17 for Model 84497 do not include distribution by individual school district of the $23,750,000 appropriated for the New Instructional Facilities Allotment (NIFA) that provides operational start-up aid for new campuses and $55,500,000 appropriated for new Instructional Facilities Allotment (IFA) Awards. The amount appropriated for NIFA is not distributed by district due to insufficient data available at this time with which to project the districts that are opening new facilities and will benefit from the additional state aid. Likewise, the amount appropriated for IFA awards in FY17 is not distributed by district in the FY17 district detail estimates since the districts that will be authorized to issue qualifying debt in FY17 are not known at this time. For reference, a summary page and district detail are also provided for LBB Model 95129 which reflects the estimated effect of only the increased basic allotment, accounting for $1.2 billion of the $1.5 billion increase in Foundation School Program Entitlement for the 2016-2017 biennium. Note: All figures contained in these documents are estimates and are subject to change based on actual and final student counts, property values, and tax effort. Items labeled "current law" reflect statute prior to the changes enacted by the 84th Legislature per LBB Model 154, which is based on available statewide estimates and may differ from local projections. Updates to key source data including student counts, property values, and tax rates may change results significantly. ID: 2550

Total Maintenance and Operations (M&O) Revenue Comparison for School Districts between Current Law (Model 154) and Model 84497 HB 1 - 84RS GAA � FISCAL YEAR 2017 � Note: All figures below are estimates and are subject to change based on actual and final student counts, property values, and tax effort. Current law amounts reflect LBB Model 154, which is based on available statewide estimates and may differ from local projections. Updates to key source data including student counts, property values, and tax rates may change results significantly. The amounts below do not include distribution by school district of the $23,750,000 appropriated for the New Instructional Facilities Allotment (NIFA) that provides operational start-up aid for new campuses and $55,500,000 appropriated for new Instructional Facilities Allotment (IFA) Awards. The amount appropriated for NIFA is not distributed by district due to insufficient data available at this time with which to project the districts that are opening new facilities and will benefit from the additional state aid. The amount appropriated for IFA awards is not distributed by district in this document since the districts that will be authorized to issue qualifying debt in FY17 are not known at this time. Total Maintenance and Operations (M&O) Revenue per Rate Conversion Information Total Maintenance and Operations (M&O) Revenue Current Law Weighted Average Daily Attendance (CL WADA) Model Current Tax Pennies Assumes County Current Change in Total Compressed Rate Eligible for District Current Law Total Model 84497 Total Change in Total District Name District Law (CL) Current Law Model 84497 M&O Revenue per Rate (FY15 Adopted Rate Chooses Rate M&O Revenue M&O Revenue M&O Revenue Number WADA CL WADA M&O Rate) Conversion Conversion in FY17 A+ ACADEMY 057829 1,411 $0.0000 $0.0000 $0.0000 - $8,061,349 $8,238,997 $177,649 $5,715 $5,841 $126 AAROW ACADEMY 021805 1,339 $0.0000 $0.0000 $0.0000 - $7,554,747 $7,723,415 $168,668 $5,641 $5,767 $126 ABBOTT ISD 109901 421 $1.0000 $1.0810 $0.0000 - $2,505,709 $2,548,700 $42,991 $5,951 $6,053 $102 ABERNATHY ISD 095901 1,149 $1.0000 $1.1700 $0.0000 - $7,394,343 $7,511,669 $117,326 $6,436 $6,538 $102 ABILENE ISD 221901 20,447 $1.0000 $1.0400 $0.0000 - $116,280,185 $118,388,831 $2,108,646 $5,687 $5,790 $103 ACADEMY ISD 014901 1,725 $0.9996 $1.0400 $0.0000 no pennies $9,805,271 $9,980,119 $174,848 $5,685 $5,786 $101 ACADEMY OF ACCELERATED LEARNING 101810 1,081 $0.0000 $0.0000 $0.0000 - $6,099,411 $6,235,594 $136,183 $5,641 $5,767 $126 ACADEMY OF CAREERS AND TECHNOL 015816 315 $0.0000 $0.0000 $0.0000 - $1,829,758 $1,869,365 $39,607 $5,802 $5,927 $126 ACADEMY OF DALLAS 057810 818 $0.0000 $0.0000 $0.0000 - $4,614,728 $4,717,774 $103,046 $5,640 $5,766 $126 ACCELERATED INTERMEDIATE ACADE 101849 246 $0.0000 $0.0000 $0.0000 - $1,395,033 $1,426,061 $31,027 $5,663 $5,789 $126 ADRIAN ISD 180903 288 $0.9667 $1.0066 $0.0000 no pennies $1,641,221 $1,669,664 $28,443 $5,696 $5,794 $99 ADVANTAGE ACADEMY 057806 2,846 $0.0000 $0.0000 $0.0000 - $16,157,872 $16,516,324 $358,452 $5,677 $5,803 $126 AGUA DULCE ISD 178901 619 $1.0000 $1.1700 $0.0000 - $3,862,252 $3,925,659 $63,407 $6,241 $6,343 $102 ALAMO HEIGHTS ISD 015901 5,434 $1.0000 $1.0600 $0.0000 - $35,199,935 $35,361,898 $161,962 $6,478 $6,508 $30 ALBA-GOLDEN ISD 250906 1,193 $1.0000 $1.0400 $0.0000 - $6,803,303 $6,924,700 $121,397 $5,704 $5,805 $102 ALBANY ISD 209901 819 $0.8545 $1.0400 $0.1255 YES $4,560,491 $4,841,640 $281,149 $5,568 $5,911 $343 ALDINE ISD 101902 91,294 $1.0000 $1.1334 $0.0000 - $554,570,597 $564,192,494 $9,621,897 $6,075 $6,180 $105 ALEDO ISD 184907 5,675 $1.0000 $1.1700 $0.0000 - $36,535,055 $37,124,326 $589,271 $6,438 $6,542 $104 ALICE ISD 125901 6,477 $0.9823 $1.0400 $0.0000 no pennies $38,030,824 $38,693,236 $662,411 $5,872 $5,974 $102 ALIEF ISD 101903 60,375 $1.0000 $1.1250 $0.0000 - $378,501,460 $384,865,482 $6,364,022 $6,269 $6,375 $105 ALIEF MONTESSORI COMMUNITY SCH 101815 394 $0.0000 $0.0000 $0.0000 - $2,219,594 $2,269,153 $49,559 $5,641 $5,767 $126 ALLEN ISD 043901 24,918 $1.0000 $1.1600 $0.0000 - $159,304,566 $161,899,637 $2,595,071 $6,393 $6,497 $104 ALPHA CHARTER SCHOOL 057832 143 $0.0000 $0.0000 $0.0000 - $827,393 $845,359 $17,966 $5,800 $5,926 $126 ALPINE ISD 022901 1,603 $1.0000 $1.1700 $0.0000 - $9,815,470 $9,981,347 $165,877 $6,123 $6,226 $103 ALTO ISD 037901 981 $0.9760 $1.0400 $0.0040 YES $5,602,062 $5,707,013 $104,950 $5,709 $5,816 $107 ALVARADO ISD 126901 4,484 $0.9834 $1.0400 $0.0000 no pennies $26,483,854 $26,940,098 $456,244 $5,907 $6,008 $102 ALVIN ISD 020901 28,048 $0.9607 $1.0400 $0.0193 YES $165,388,595 $169,372,479 $3,983,884 $5,897 $6,039 $142 ALVORD ISD 249901 1,022 $0.9574 $1.1700 $0.0426 YES $6,514,096 $6,708,415 $194,319 $6,373 $6,563 $190 AMARILLO ISD 188901 40,725 $1.0000 $1.0800 $0.0000 - $243,836,539 $248,063,292 $4,226,753 $5,987 $6,091 $104 AMBASSADORS PREPARATORY ACADEM 084804 633 $0.0000 $0.0000 $0.0000 - $3,571,948 $3,651,697 $79,748 $5,641 $5,767 $126 AMHERST ISD 140901 267 $1.0000 $1.1700 $0.0000 - $1,644,347 $1,671,581 $27,234 $6,164 $6,266 $102 AMIGOS POR VIDA-FRIENDS FOR LI 101819 780 $0.0000 $0.0000 $0.0000 - $4,399,981 $4,498,230 $98,249 $5,640 $5,766 $126 ANAHUAC ISD 036901 1,770 $1.0000 $1.0400 $0.0000 - $10,059,979 $10,244,346 $184,367 $5,682 $5,787 $104 ANDERSON-SHIRO CISD 093901 1,182 $1.0000 $1.0400 $0.0000 - $6,984,039 $7,105,604 $121,565 $5,908 $6,011 $103 ANDREWS ISD 002901 5,285 $1.0000 $1.0600 $0.0000 - $36,823,250 $36,823,250 $0 $6,967 $6,967 $0 ID: 2550 Legislative Budget Board: Page 2 of 55