2015-2016 budget board briefing · 2015-16 tax rates • tax rates: • the estimated 2015-16...

2015-2016 Budget

Board Briefing

June 11th, 2015PRELIMINARY DRAFT

1

Budget Town Hall Meetings6:00 – 7:00 PM

• (Div. 1) at Cigarroa ES: Tuesday, May 26

• (Div. 2) at JQ Adams ES: Wednesday, May 27

• (Div. 1) at Brashear ES: Monday, June 1

• (Div. 4) at Mata ES: Tuesday, June 2

• (Div. 3) at Quintanilla MS: Wednesday, June 3

• (Div. 5) at Wilmer-Hutchins HS: Thursday, June 4

• (Div. 1) at Cigarroa ES: Tuesday, June 16

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2

Budget CalendarRevised 02/13/2015

April 23, 2015

Board of Trustees Board Meeting

April 24, 2015

Draft agenda items due with supporting documentation at noon for May 14th Board Briefing

April 27, 2015

Board Budget Workshop

April 29, 2015

Estimate of Preliminary Certification of Appraisal Roll

May 14, 2015

Board of Trustees Board Briefing

Present 15-16 District Action Plans

Budget Presentation - Preliminary Estimate of Expenditures and Budget Reductions

Budget Presentation – Estimated Revenue & Preliminary Costs Estimates

Preliminary Budget for FY 2016

Legislative Update

PRELIMINARY DRAFT

3

Budget Calendar (con’t)Revised 02/13/2015

May 19, 2015

Citizen Budget Review Commission Meeting

May 28, 2015


May 29, 2015

Draft agenda items due with supporting documentation at noon for June 11th Board Briefing

June 1 2015- End of 84th Legislative Session

June 11, 2015


Submission & review of the proposed 2015-2016 Budget

June 12 & 14, 2015

Notice of Public Meeting to Discuss Budget & Proposed Tax Rate (Source: Dallas Morning News)

Publish proposed budget summary on DISD website.

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4

Budget Calendar (con’t)Revised 02/13/2015

June 25, 2015


Adoption of 2015-2016 Budget

Discuss Proposed Tax Rate

July 23, 2015

Final Tax Roll estimates received from DCAD.

August 2 & 9, 2015

Notice of Public Meeting to Discuss Proposed Tax Rate (Publish on these dates only if needed)

(Source: Dallas Morning News)

August 13, 2015


Discuss Adoption of Tax Rate

August 24, 2015

Special Board Meeting last day to call an election.

August 27, 2015


Adoption of Tax Rate

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5

Budget Development Policy

• Legal Policy – Board of Trustees must

Adopt General Fund, Food Service and

Debt Services

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6

Board of Trustees Goals

• Goal 1. TEACHERS: Ensure highly effective teachers for all students.

• Goal 2. PRINCIPALS: Ensure a highly effective leader for every school.

• Goal 3. SAFE AND SECURE SCHOOLS: Ensure a safe, secure and welcoming environment for

all students, parents, staff, and the community.

• Goal 4. PARENTAL INVOLVEMENT: Develop shared responsibility between parents/guardians

and schools that foster academic success and self-management of learning.

• Goal 5. RIGOR: Implement rigorous curriculum and engaging educational practices and

experiences.

• Goal 6. CULTURE: Create and sustain a positive and compassionate “common culture"

throughout the district that leads to accomplishing our vision and mission.

• Goal 7. HUMAN RESOURCES: Hire, retain, and develop highly effective employees for every

position.

• Goal 8. DATA AND INNOVATION: Make managerial decisions based on appropriate, reliable,

and valid data and best practices, and to develop and continually improve new, innovative ways of

schooling to meet the needs of students in the 21st century.

• Goal 9. CENTRAL OFFICE: Organize central services to encourage and enhance a positive

culture throughout the district, support the campuses and positive culture on each campus by

removing barriers that prevent achievement.

• Goal 10. FACILITIES: Systemically upgrade and maintain our facilities to provide every student an

efficient learning environment.

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7

District Key Actions

1) Strengthen and sustain a positive culture

2) Implement the TEI system, tying teacher evaluations to student

achievement results

3) Expand teacher professional development

4) Strengthen instructional leadership among principals

5) Expand school choice for Dallas ISD students

6) Strengthen early childhood education

7) Accomplish goals for key performance outcomes and progress monitoring

metrics

8) Support the District’s “Comprehensive Facilities Plan”

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General Fund

Estimated Revenues and Expenditures

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9

ISD Total Tax Rate Comparison FY 2014-15

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School District Total Tax Rate

Carrollton-Farmers Branch $ 1.30

Cedar Hill $ 1.53

Coppell $ 1.45

Dallas $ 1.28

DeSoto $ 1.47

Duncanville $ 1.41

Ferris $ 1.33

Garland $ 1.25

Grand Prairie $ 1.47

Grapevine-Colleyville $ 1.32

Highland Park $ 1.12

Irving $ 1.44

Lancaster $ 1.37

Mesquite $ 1.41

Richardson $ 1.34

Sunnyvale $ 1.41

10

2015-16 Tax Rates

• Tax rates:

• The estimated 2015-16 Maintenance & Operations (M&O)

tax rate of $1.040050 is identical to the rate adopted for the

2014-15 fiscal year.

• Estimated 2015-16 Interest and Sinking (I&S) tax rate

remains the same as the 2014-15 adopted rate of

$0.242035.

• Taxable Values:

• Current estimated taxable value of $92,912,408,606

represents an approximate 8.5% increase over the prior

fiscal year’s certified value. This may change as we get more

current estimates from the Dallas Central Appraisal District.

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11

Increase in Enrollment/ Attendance

Notes:1. Projected ADA is based on 2 year historical average % ADA to Enrollment2. 2014-2015 Enrollment from October 25th Fall PEIMS Snapshot3. 2015-2016 Projected Enrollment from the Demographics Department

Estimate1,2 Projected 1,3

2012-2013 2013-2014 2014-2015 2015-2016 Difference

Refined ADA 146,205 146,976 147,447 148,829 1,382

Enrollment 158,932 159,713 160,253 161,755 1,502

%ADA to Enrollment 92% 92% 92% 92%

• Projected Student Enrollment estimated to increase by

approximately 1,502 students or approximately 1 %

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12

2015-16 Proposed Budget

Actual

2013-2014

Projected

2014-2015

Proposed

2015-2016

Revenue and Other Sources $ 1,259,183,211 $ 1,374,097,345 $ 1,388,055,961

Expenditures $ 1,170,463,117 $ 1,387,245,544 $ 1,388,055,961

Revenue Over Expenditures $ 88,720,094 $ (13,148,199)$ -

Total Other Financing

Sources(Uses)

$ (27,033,682) $ - $ -

Net Revenue minus

Expenditures

$ 61,686,412 $ (13,148,199)$ -

Beginning Fund Balance $ 281,153,576 $ 342,839,988 $ 329,691,789

Ending Fund Balance $ 342,839,988 $ 329,691,789* $ 329,691,789

* Projected Ending Fund Balance.

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13

General Fund Estimated Revenue

State 29%

Federal7%

2014-15 ESTIMATED TOTAL GENERAL FUND REVENUEBY PERCENT*

Local

64%

*Estimated Year End

Local $884,832,956

State $398,376,239

Federal $90,888,150

Total $1,374,097,345

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14

General Fund Projected Revenue

State 28%

Federal4%

2015-16 PROJECTED TOTAL GENERAL FUND REVENUEBY PERCENT

Local

68%

Local $948,894,338

State $382,345,802

Federal $56,815,821

Total $1,388,055,961

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Local

Category 2013-14 Actuals 2014-15 Estimated 2015-16 Projections

Current Taxes $ 792,311,432 $ 851,179,499 $ 925,556,154

Delinquent Taxes $ 6,379,343 $ 10,006,970 $ 6,700,000

Taxes-Penalties & Interest $ 7,128,369 $ 7,000,000 $ 7,500,000

Investment Earnings $ 1,300,713 $ 1,500,000 $ 2,000,000

Rental Income $ 1,413,139 $ 1,000,000 $ 1,200,000

Miscellaneous Revenue $ 7,643,269 $ 13,426,487 $ 5,218,184

Athletic Gate Revenue $ 743,539 $ 720,000 $ 720,000

Total Local $ 816,919,804 $ 884,832,956 $ 948,894,338

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State

Category 2013-14 Actuals 2014-15 Estimated 2015-16 Projected

Foundation School

Program

$ 296,022,987 $ 287,938,342 $ 286,410,693

Available School Fund $ 38,204,925 $ 37,903,554 $ 41,285,123

TRS Care On-Behalf $ 51,857,135 $ 51,000,000 $ 51,000,000

Miscellaneous Revenue $ 682,064 $ 11,513,313 $ 649,986

State Rev. Dist. by TEA $ 59,393 $ 10,021,030 $ 3,000,000

Total State Aid $ 386,826,504 $ 398,376,239 $ 382,345,802

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17


Federal


Revenue from

Federal Sources

$ 20,274,946 $ 29,000,000 $ 9,000,000

Indirect Costs

through TEA

$ 2,063,147 $ 1,800,000 $ 1,800,000

School Health &

Related Services

$ 9,118,531 $ 7,000,000 $ 18,000,000

Fed Rev by State

Other than TEA

$ 1,231,642 $ 1,361,429 $ 1,361,429

Misc. Federal and

Other Financing

Sources

$ 22,221,055 $ 51,726,721 $ 26,654,392

Total Federal $ 54,909,321 $ 90,888,150 $ 56,815,821

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Federal

• The largest portion of federal revenue is from the Build America

Bonds (BAB) subsidy- $18,970,474

• The Qualified School Construction Bonds (QSCBs) subsidy for

2015-2016 is $6,708,918. In fiscal year 2015-2016, debt service

above the revenue subsidy due will be $528,318. This will be

paid annually until maturity in August 2033.

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19

General Fund Estimated Expenditures

Salaries and Benefits,

$1,040,434,158

All Other, $346,811,386*

2014-15 ESTIMATED GENERAL FUND EXPENDITURES

Total

$1,387,245,544

75%

25%

PRELIMINARY DRAFT

*$43M increase for bridge plan

20

General Fund Estimated Expenditures

Salaries and Benefits$1,082,683,650

All Other$305,372,311

2015-16 ESTIMATED GENERAL FUND EXPENDITURES

Total

$1,388,055,961

78%

22%

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21

General Fund Proposed Increases 2015-2016

Expenditures

Increases include the following:• Salary and benefit increases $10.4M, Including 3% Raise for non teaching

staff

• School Leadership and Campuses $1.2M

• Interest on Short Term Bridge Plan $1.5M

• Special Education Moving from SRF to GOF $6.6M

• Opening of New Schools $6.4M

• TEI-DTR Review Costs $2M

• Bond/TRE Election Costs $1M

• Reconnect Program Moving from SRF to GOF $2.9M

• 23 Counselors Moving from SRF to GOF $1.6M

• Additional 7 teachers at Barbara Manns $420K

• City Year $350K

• 64 Additional Pre-K Teachers $3.9M

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22

Estimated New DAP Expenditures in

General Fund to Support Board Goals

Board Goals 2014-2015

Adopted Amounts

2015-2016 Total

Amount

% of Total

Goal 1 - Teachers $23,244,372 $17,806,459 46.3%

Goal 2 - Principals $2,400,000 $0 0.0%

Goal 3 - Safe and Secure Schools $3,977,174 $720,000 1.9%

Goal 4 - Parental Involvement $437,500 $658,163 1.7%

Goal 5 - Rigor $9,605,280 $8,306,762 21.6%

Goal 6 - Culture $1,333,000 $0 0.0%

Goal 7 - Human Resources $34,254,199 $0 0.0%

Goal 8 - Data and Innovation $16,918,932 $3,588,699 9.3%

Goal 9 - Central Office $5,243,296 $1,984,700 5.2%

Goal 10 – Deferred Maintenance $15,000,000 $5,397,820 14.0%

Total $112,413,753 $38,462,603 100%

PRELIMINARY DRAFT

*In 2014-2015 $10 million added to Goal 8 for IT equipment. $15 million added for Goal 10 to support deferred maintenance.

Note: $148 million approved for funding facilities improvements in the Bridge Plan

23

2013-14 Actual Expenditures

Per Student by Function

* Source: TEA PEIMS Data

Dallas ISD Houston ISD Fort Worth

ISD

Austin ISD Mesquite

ISD

Richardson

ISD

San Antonio

ISD

Carrollton-

Farmers

Branch ISD

El Paso ISD Garland ISD

Instruction$4,314 $4,322 $4,260 $4,858 $4,431 $4,560 $4,511 $4,585 $4,619 $4,411

Inst Resources & Media

Svcs $135 $44 $115 $123 $121 $126 $115 $138 $146 $127

Curr Dvlp & Inst Staff

Dvlp $49 $119 $94 $152 $83 $77 $93 $153 $161 $147

Inst Ldrsp$126 $79 $157 $152 $125 $123 $114 $117 $54 $142

Sch Ldrsp$502 $580 $498 $581 $406 $500 $476 $514 $574 $475

Guidance Counseling &

Eval Svc$284 $181 $375 $245 $295 $245 $277 $354 $258 $295

Social Work Svc$15 $10 $36 $56 $5 $20 $52 $5 $51 $23

Health Svc$103 $77 $86 $62 $82 $97 $133 $97 $104 $105

Student Transportation$220 $217 $218 $342 $104 $119 $185 $175 $199 $177

Extracurricular Activities$157 $61 $125 $180 $194 $149 $180 $168 $179 $103

Gen Adm$221 $150 $175 $203 $171 $188 $232 $206 $164 $259

Facilities Maint/Ops$829 $881 $846 $966 $709 $607 $899 $805 $780 $624

Security & Monitoring

Svcs$107 $100 $125 $114 $81 $39 $105 $58 $82 $66

Data Proc Svcs$178 $201 $116 $210 $158 $114 $155 $198 $80 $173

Community Svcs$14 $10 $50 $55 $2 $4 $32 $7 $3 $27

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24

2013-2014 Actual Expenditures

Percent by Function

Dallas ISD Houston

ISD

Fort

Worth

ISD

Austin

ISD

Mesquite

ISD

Richards

on ISD

San

Antonio

ISD

Carrollton-

Farmers Branch

ISD

El Paso

ISD

Garland

ISD

Instruction59.5% 61.5% 58.6% 58.5% 63.6% 65.4% 59.7% 60.5% 62.0% 61.7%

Inst Resources & Media

Svcs 1.9% 0.6% 1.6% 1.5% 1.7% 1.8% 1.5% 1.8% 2.0% 1.8%Curr Dvlp & Inst Staff Dvlp

0.7% 1.7% 1.3% 1.8% 1.2% 1.1% 1.2% 2.0% 2.2% 2.1%Inst Ldrsp

1.7% 1.1% 2.2% 1.8% 1.8% 1.8% 1.5% 1.5% 0.7% 2.0%Sch Ldrsp

6.9% 8.2% 6.8% 7.0% 5.8% 7.2% 6.3% 6.8% 7.7% 6.6%Guidance Counseling &

Eval Svc 3.9% 2.6% 5.2% 3.0% 4.2% 3.5% 3.7% 4.7% 3.5% 4.1%Social Work Svc

0.2% 0.1% 0.5% 0.7% 0.1% 0.3% 0.7% 0.1% 0.7% 0.3%Health Svc

1.4% 1.1% 1.2% 0.8% 1.2% 1.4% 1.8% 1.3% 1.4% 1.5%Student Transportation

3.0% 3.1% 3.0% 4.1% 1.5% 1.7% 2.5% 2.3% 2.7% 2.5%Extracurricular Activities

2.2% 0.9% 1.7% 2.2% 2.8% 2.1% 2.4% 2.2% 2.4% 1.4%Gen Adm

3.1% 2.1% 2.4% 2.5% 2.5% 2.7% 3.1% 2.7% 2.2% 3.6%Facilities Maint/Ops

11.4% 12.5% 11.6% 11.6% 10.2% 8.7% 11.9% 10.6% 10.5% 8.7%Security & Monitoring

Svcs 1.5% 1.4% 1.7% 1.4% 1.2% 0.6% 1.4% 0.8% 1.1% 0.9%Data Proc Svcs

2.5% 2.9% 1.6% 2.5% 2.3% 1.6% 2.1% 2.6% 1.1% 2.4%Community Svcs

0.2% 0.1% 0.7% 0.7% 0.0% 0.1% 0.4% 0.1% 0.0% 0.4%

* Source: TEA PEIMS Data

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25

Proposed Budget by Function

PRELIMINARY DRAFT

Function 2014-15 Adopted 2014-15 June

Amended

2015-16 Proposed

11 - Instruction $ 754,074,507 $ 766,419,387 $ 778,036,239

12 - Instructional Resources and Media Services $ 21,991,230 $ 22,541,710 $ 22,124,524

13 - Curriculum and Instructional Staff Development $ 7,700,096 $ 8,495,573 $ 13,517,334

21 - Instructional Leadership $ 29,845,434 $ 25,264,051 $ 39,077,043

23 - School Leadership $ 83,643,920 $ 89,181,599 $ 85,317,083

31 - Guidance, Counseling and Evaluation $ 49,799,795 $ 52,244,221 $ 55,809,701

32 - Social Work Services $ 2,497,089 $ 2,365,561 $ 2,567,376

33 - Health Services $ 18,216,895 $ 18,235,973 $ 18,666,060

34 - Student Transportation $ 33,066,973 $ 58,357,894 $ 50,332,903

36 - Co-Curricular Activities $ 28,592,665 $ 28,064,802 $ 29,006,283

41 - General Administration $ 46,207,893 $ 44,410,442 $ 54,749,917

51 - Plant Maintenance and Operations $ 147,611,285 $ 142,198,728 $ 164,041,964

52 - Security and Monitoring Services $ 22,199,467 $ 23,661,356 $ 22,346,809

53 - Data Processing Services $ 34,096,137 $ 34,884,116 $ 33,751,791

61 - Community Services $ 5,803,442 $ 3,262,291 $ 5,040,718

71 - Debt Services $ 9,985,341 $ 10,574,358 $ 8,772,637

81 - Facilities Acquisition and Construction $ - $ 9,404,260 $ -

91 - Chapter 41 Payment $ - $ - $ -

95 - Payments to JJAEP $ 100,000 $ 100,000 $ 100,000

97 - Payments to Tax Increment Fund $ - $ - $ -

99 - Other Intergovernmental Charges $ 4,579,222 $ 4,579,222 $ 4,797,579

8900 - Other Uses $ - $ 43,000,000 $ -

Total Expenditures $ 1,300,011,391 $ 1,387,245,544 $ 1,388,055,961

26

Proposed Salary Increase:

2015-2016 Administration is proposing a 3% increase for select workgroups.

Employees eligible for proposed increased includes:

Teachers not on TEI, Related Instructional, Professional Support

(TRIP)

Support Staff

Food / Custodial Services, Maintenance Ops

Police and Security

Central Administration

The employee must be on paid status or approved Leave of Absence

at time of first payroll reflecting pay increase.

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2015-2016 Employees not eligible for the proposed 3% increase include:

Principal Fellows

Guest Teachers

Campus support staff not active on June 5, 2015

New-hires hired after June 3, 2015

Central Staff (226 days)

Maintenance (260 days)

Security (235 days)

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2015-2016 Employees that are above or will be above the maximum of the pay

range may receive all or some of the increase in the form of an over-

the-max stipend.

Employees that change jobs during the year will have a salary

commensurate with new role, which may affect the over-the-max

stipend.

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2015-2016 The district has moved designated workgroups to alternative

compensation plans.

Teachers on the Teacher Excellence Initiative (TEI) will receive

pay increases based on TEI compensation plan guidelines.

Principals' pay increases will be based on the Principal Excellence

Initiative (PEI) compensation plan guidelines.

Assistant Principals will receive stipends based on the Assistant

Principal Excellence Initiative (APEI) guidelines.

Employees on alternative compensation plans will not be entitled to

the proposed 3% increase.

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30

2014-15 Teacher Salaries Bachelor’s Degree

DISD vs. State vs. Average ISDs*

* Average ISDs : Houston ISD, Fort Worth ISD, Northside ISD, Garland ISD, Richardson ISD

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33

Dallas ISD State Average ISDs without DISD

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2014-15 Teacher Salaries Master’s Degree

DISD vs. State vs. Average ISDs*

* Average ISDs : Fort Worth ISD, Northside ISD, Garland ISD

$-

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31

Dallas ISD State Average ISDs without DISD

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Projected Salaries Based on

TEI 2015-2016

PRELIMINARY DRAFT

0

500

1,000

1,500

2,000

2,500

3,000

3,500

4,000

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

$70,000

$80,000

Unsatisfactory47k

Novice50k

Progressing I51K

Progressing II53K

Proficent I56k

Proficent II60k

Proficent III65k

Exemplary+74k

# O

F TE

AC

HER

S

TEI S

ALA

RIE

S

Projected Salaries Based on TEI

Salaries

FTEs

TEIAverage Salary:$55,300

Average Salary(Longevity):$53,000

33

Anticipated Salary Increases in Other Districts

for 2015-2016

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FTE Comparison (Current vs. Proposed)

Category13-14

FTE’s

14-15

Current

FTE’s

15-16

Proposed

FTE’s

Variance

14-15 Current to

15-16 Proposed

Campus Leadership 550 613 626 13

Teacher 9,691 10,541 10,602 61

Teacher Assistant 1,444 1,497 1,577 80

Professional 1,761 2,087 2,173 86

Support 1,487 1,444 1,453 9

Security 182 181 180 (1)

Maintenance 452 513 506 (7)

Custodial 935 931 938 7

Total General Funds 16,502 17,807 18,055 248

Total Special Revenue Funds 1,913 1,929 1,721 (208)

ALL FUNDS 18,415 19,736 19,776 40

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Category2012 – 2013

Actual

2013 – 2014

Actual

2014 – 2015

Actual

2015-2016

Projected

Campus Leadership1:315 1:282 1:280 1:276

Teacher1:17 1:18 1:17 1:17

Elementary Schools 1:17 1:18 1:16 1:16

Middle Schools 1:17 1:20 1:17 1:17

High Schools 1:19 1:19 1:18 1:18

Teacher Assistant1:111 1:109 1:108 1:108

Professional1:95 1:87 1:84 1:84

Support1:111 1:106 1:106 1:106

Security1:940 1:897 1:858 1:858

Maintenance1:306 1:355 1:358 1:358

Custodial1:171 1:171 1:172 1:172

Average1:10 1:9 1:9 1:9

*Teacher ratios do not include Special Education FTE’s

*Hall monitors and parking lot attendants perform security functions but are classified as support

Staff to Student Ratios

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Staffing Formulas by Level

Grade Levels 2014-15

Pre-K Full Day (1:24)

Grades K - 4 1:23

Grade 5 1:27 rounded up

Grade 6 Calculated in Middle School Formula

Grades 7-8 1:24 with each teacher teaching 6 of 7 sections rounded up

less: 35% of sum of ESOL and Reading Improvement Teachers rounded down

Grades 9-12 1:150, Use rounding principles to determine allocations

PRELIMINARY DRAFT

Food Services


PRELIMINARY DRAFT

39

Food Service Fund All Sources

Expenditures 2013-14 Actuals 2014-15 2015-16

Total $ 97,819,472 $ 112,667,601 $ 117,742,170

Fund Balance 2013-14 Actuals 2014-15 2015-16

Beginning $ 15,365,476 $ 16,180,275 $ 17,651,358

End $ 16,180,275 $ 17,651,358 $ 17,651,358


Local $ 4,404,106 $ 5,197,149 $ 3,473,693

State $ 541,953 $ 581,000 $ 610,050

Federal $ 93,688,212 $ 108,360,535 $ 113,658,427

Total $ 98,634,271 $ 114,138,684 $ 117,742,170

PRELIMINARY DRAFT

Debt Service


PRELIMINARY DRAFT

41

Debt Service Fund

Revenue 2013-14 Actuals 2014-15 Estimated 2015-16 Projections

Current Taxes $ 184,768,164 $ 197,383,900 $ 208,589,727

Delinquent Taxes $ 1,289,866 $ 2,000,000 $ 1,300,000

Taxes-Penalties & Interest $ 1,260,908 $ 1,000,000 $ 1,500,000

Investment Earnings $ 92,103 $ 225,052 $ 224,435

Total Revenue $ 187,411,041 $ 200,608,952 $ 211,614,162

PRELIMINARY DRAFT

Expenditures 2013-14 Actuals 2014-15 Estimated 2015-16 Projections

Principal $ 60,610,000 $ 48,430,000 $ 90,385,000

Interest $ 132,214,579 $ 112,285,974 $ 121,199,162

Fees $ 9,300 $ 25,000 $ 30,000

Total $ 192,833,879 $ 160,740,974 $ 211,614,162

42

Debt Service Fund

PRELIMINARY DRAFT

Debt and Debt Service

Fund

2013-14 Actuals 2014-15 2015-16

Principal $ 2,481,385,000 $ 2,411,340,000 $ 2,362,910,000

Interest $ 1,922,349,299 $ 1,665,134,575 $ 1,552,848,601

Total $ 4,403,734,299 $ 4,076,474,575* $ 3,915,758,601

*Debt reduction of $134 million by debt refundings

Summary

44

Summary of Preliminary 2015-16 Budgets

in Development

General Fund Food Service Debt Service

Revenue $ 1,388,055,961 $ 117,742,170 $ 211,614,162

Expenditures $ 1,454,055,961 $ 117,742,170 $ 211,614,162

Expected

Unexpended Salary

$ (66,000,000) $ - $ -

Total Expenditures $ 1,388,055,961 $ 117,742,170

-

$ 211,614,162

Net $ - $ - $ -

PRELIMINARY DRAFT

Special Revenue Funds

PRELIMINARY DRAFT

46

2015-2016 Special Revenue Funds

Projected Budget and FTE Summary

*Award Budget amounts include estimated planning amounts and preliminary roll forward from 14-15. Notice of Grant Award will received from TEA at a later time. The Perkins grant does not allow carry forward. Special Education includes all grants on the Special Education Consolidated Grant Application

PRELIMINARY DRAFT

Grant 14-15 FTEs

15-16 Projected

Award Budget* 15-16 FTEs FTE Difference

Title I 1,119 $ 87,846,438 1,044 (75)

Title II 128 11,396,052 128 -

Title III 43 8,516,307 39 (4)

Special Education 572 32,911,761 447 (125)

TTIPS 4 - - (4)

Carl Perkins 8 2,548,564 8 -

Other 55 5,487,872 55 -

Total 1,929 $ 148,706,994 1,721 (208)

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2015-2016 Projected Budget

*Reconnect Centers and Special Ed, and Counselors will be funded in General Operating**14-15 Carry Forward is actual; 15-16 Carry Forward is projected. ***Entitlement does not include Indirect cost, which have changed for 15-16 .

PRELIMINARY DRAFT

Special Revenue Fund

14-15 Current

Award Budget

15-16 Projected

Award Budget Increase/(Decrease)

Title I, Improving Basic Programs $ 97,310,767 $ 87,846,438 $ (9,464,329)*

Entitlement 78,362,891 77,607,590 (755,301)

Carry Forward 18,947,876 10,238,848 (8,709,028)

Title II, Teacher Training & Recruiting 12,891,791 11,396,052 (1,495,739)

Entitlement 7,960,524 7,895,697 (64,827)

Carry Forward 4,931,267 3,500,355 (1,430,912)

Title III, English Language Acquisition 7,583,797 8,516,307 932,510

Entitlement 6,300,599 6,272,325 (28,274)

Carry Forward 1,283,198 2,243,982 960,784

Special Education 37,099,215 32,911,761 (4,187,454)*

Entitlement 27,265,452 27,238,370 (27,082)

Carry Forward 9,833,763 5,673,391 (4,160,372)

Texas Title I School Priority Grants

(TTIPS) 1,671,116 - (1,671,116)

Carl Perkins 2,621,927 2,548,564 (73,363)

Other Special Revenue Funds 7,263,788 5,487,872 (1,775,916)

Total $ 166,442,401 $ 148,706,994 $ (17,735,407)

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2015-2016 Proposed Budget Comparison

PRELIMINARY DRAFT


14-15 Award

Current Budget

15-16 Projected


Title I, Improving Basic Programs

Campus $ 77,848,614 $ 75,547,937 $ (2,300,677)

Non-Campus 19,462,153 12,298,501 (7,163,652)

Title II, Teacher Training &

Recruiting

Campus $ 5,372,960 $ 5,082,639 $ (290,321)

Non-Campus 7,518,831 6,313,413 (1,205,418)

Title III, English Language

Acquisition

Campus $ 195,744 $ 200,646 $ 4,902

Non-Campus 7,388,053 8,315,661 927,608

49


2015-2016 Proposed Budget Comparison

PRELIMINARY DRAFT


14-15 Award

Current Budget

15-16 Projected


Texas Title I School Priority Grants

(TTIPS)

Campus $ 1,671,116 $ - $ (1,671,116)

Non-Campus - - -

Carl Perkins

Campus $ 2,084,333 $ 2,010,970 $ (160,055)

Non-Campus 537,594 537,594 -

Special Education

Campus $ 27,576,052 $ 27,568,055 $ (7,997)

Non-Campus 9,523,163 5,343,706 (4,179,457)

Other Special Revenue Funds

Campus $ 2,323,860 $ 1,024,527 $ (1,299,333)

Non-Campus 4,939,928 4,463,345 (476,583)

Total $ 166,442,401 $ 148,706,994 $ (17,735,407)

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2015-2016 Budget Workshop

PRELIMINARY DRAFT

2015-2016 budget board briefing · 2015-16 tax rates • tax rates: • the estimated 2015-16...

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