Upload
lee-austin
View
216
Download
1
Tags:
Embed Size (px)
Citation preview
HARLINGEN CONSOLIDATEDINDEPENDENT SCHOOL DISTRICT
1
HARLINGEN CONSOLIDATED INDEPENDENT SCHOOL DISTRICT
2014-2015 PROPOSED BUDGET
2
ESTIMATED REVENUES AND APPROPRIATIONS
Fund Description Revenue Appropriation Difference
199 Local Maintenance
$147,520,620.00 144,844,638.16 $ 2,675,981.84
162 Athletics 396,408.00 $ 3,072,389.84 (2,675,981.84)
General Funds Total
$147,917,028.00 $147,917,028.00 -
240 Food Service $ 11,980,912.90 $ 11,980,912.90 -
511 Interest and Sinking
$ 10,550,495.00 $ 10,550,495.00 ____________
Total All Funds
$170,448,435.90 $ 170,448,435.90 -
3
FACTORS IMPACTING BUDGETCERTIFIED TAX ROLL $
3,376,170,343 INCREASE OF 2.77%COLLECTION RATE
97.5%TAX RATE $
1.218 M&O $ 1.04 I&S $ .178STUDENT ADA 17,250ENROLLMENT INCREASE OF 0.00%INCREASE IN STAFF (SHPROFESSIONS)
$940,478INCREASE IN STAFF(AQUATIC CENTER)
$199,048OTHER STAFF INCREASE
$575,464HEALTH INSURANCE INCREASE
8.62%TEACHER STARTING SALARY WILL BE
$44,500SALARY INCREASE TEACHERS
2.5%/$1200 SALARY INCREASE PROFESSIONALS AND
ADMINISTRATORS 2.0%SALARY INCREASE HOURLY 3.0%NEW TRS SURCHARGE
$1,163,000UTILITY COSTS(SCHOOL OF HEALTH
PROFESSIONS/AQUATIC CENTER) $200,000 4
FACTORS IMPACTING BUDGET CONTINUED$690,789 FOR ANNUAL PAYMENT OF
LEASE REVENUE BONDS USED TO FINANCE THE SCHOOL OF HEALTH PROFESSIONS INCLUDED IN LOCAL BUDGET
5
OTHER FACTORS
INCREASE IN TAXABLE VALUE 2.77%
STATE REVENUE INCREASES INCREASE IN AVERAGE DAILY ATTENDANCE FROM 17,100 TO 17,250 INCREASE IN SPECIAL POPULATIONS CAREER AND TECHNOLGY, SPECIAL EDUCATION,
STATE COMPENSATORY AND BILINGUAL INCREASE IN ADJUSTED BASIC ALLOTMENT FROM $5,420 to $5,516
6
Athletic Fund
General Fund
Food Service Fund
Debt Service Fund
Total
$ 396,408.00
$ 147,520,620.00
$ 11,980,912.90
$ 10,550,495.00
$ 170,448,435.90
7
ESTIMATED REVENUES BY FUND
Property Taxes
Other Local Revenue
State Revenue
Federal Revenue
Other Sources
Grand Total
$ 40,673,090.00 ( 23.86%)
3,159,777.92 ( 1.86%)
114,185,651.00 ( 66.99%)
12,379,916.98 ( 7.26%)
50,000.00 ( .03%)
$170,448,435.90 ( 100.00%)
8
ESTIMATED REVENUE BY TYPE
Current
Delinquent
Penalty and interest
Total
$38,639,856.00
$ 1,133,234.00
$ 900,000.00
$40,673,090.00
9
PROPERTY TAXES
Athletic Rev
Food Service
Interest Income
Other
Total
$ 396,408.00
$ 1,433,231.60
$ 100,000.00
$ 1,230,338.32
$ 3,159,777.92
10
MISC REVENUES
Regular Block Grant
Special Education
Career and Tech
Gifted and Talented
State Compensatory
Bilingual
Transportation
Tier II
High School Allotmt
EDA
IFA
TRS on Behalf
Other State Funds
Total
$56,430,412
10,428,761
8,674,142
570,906
16,332,037
1,260,958
858,000
7,206,407
1,286,351
1,172,325
3,644,936
6,120,110
200,306
$114,185,651
11
STATE REVENUES
Breakfast
Lunch/Supper
Indirect Costs
ROTC Fed Reimb
Medicaid/SHARS
US Commodities
Other
Total
$ 2,439,334
7,988,347
252,500
137,561
1,255,102
55,000
252,073
$12,379,917
12
FEDERAL REVENUES
Auction proceeds
Total
$ 50,000.00
$
50,000.00
13
OTHER RESOURCES
REVENUES
14
Athletics
General Fund
Food Service
Debt Service
Total
$ 3,072,390.00
$ 144,844,638.00
$ 11,980,913.00
$ 10,550,495.00
$ 170,448,436.00
15
APPROPRIATIONS BY FUND
16
InstructionInstructional ResStaff DevelopmentInstr Related ServicesSchool AdministrationGuidance & CounselingSocial WorkHealth ServicesTransportationFood ServiceCo/ExtracurricularGen AdministrationPlant MaintenanceSecurity ServicesData ProcessingCommunity ServicesDebt ServicesFacility ConstructionJjaepAppraisal DistTotal
$ 86,797,815 ( 50.92%) 3,252,374 ( 1.90%) 1,252,328 ( 0.73%) 3,072,866 ( 1.85%) 10,000,259 ( 5.86%) 4,858,777 ( 2.85%) 223,231 ( .13%) 1,853,161 ( 1.08%) 3,810,992 ( 2.23%) 11,464,793 ( 6.72%) 5,103,608 ( 3.00%) 3,934,545 ( 2.31%) 18,600,433 ( 10.91%) 929,777 ( .54%) 1,980,769 ( 1.16%) 1,061,214 ( .62%) 11,701,495 ( 6.86%) 0 ( .00%) 150,000 ( .08%) 400,000 ( .23%) $170,448,436 (100.00%)
17
APPROPRIATIONS BY FUNCTION
Payroll
Contracted Services
Supplies and Mat
Other Operating Exp
Debt Service
Capital Outlay
Total
$128,836,575 ( 75.95%)
11,990,042 ( 7.03%)
13,602,821 ( 7.98%)
3,635,184 ( 2.13%)
11,701,495 ( 6.86%)
682,319 ( .46%)
$170,448,436 (100.00%)
18
APPROPRIATIONS BY OBJECT CODE
Gifted and Talented
Career and Tech
Special Education
State Compensatory
Bilingual
High School Allotment
$ 1,334,417
$ 4,364,206
$10,970,895
$ 8,594,159
$ 2,259,577
$ 1,181,473
19
APPROPRIATIONSSTATE PROGRAMS
NEW LAW REQUIRES US TO SET ASIDE STATE COMPENSATORY DOLLARS BEFORE BUDGET IS
APPROVED
APPROPRIATIONS
20
FUND C
OMPARIS
ON
TO P
RIOR Y
EAR
BUDGET
21
PRIOR YEAR COMPARISONGENERAL, FOOD SERVICE AND DEBT SERVICE
22
PRIOR YEAR COMPARISONGENERAL FUND ONLY
23
PRIOR YEAR COMPARISONFOOD SERVICE ONLY
24
DEBT SERVICE FUND
25
2014-2015 TAX RATE
26
27
28
NOTICE OF PUBLIC MEETING TO DISCUSS BUDGET AND PROPOSED TAX RATE
The Harlingen Consolidated Independent School District will hold a public meeting at 6:00 PM, August 27, 2014 in 407 North 77 Sunshine Strip Harlingen, Texas 78550. The purpose of this meeting is to discuss the school district's budget that will determine the tax rate that will be adopted. Public participation in the discussion is invited. The tax rate that is ultimately adopted at this meeting or at a separate meeting at a later date may not exceed the proposed rate shown below unless the district publishes a revised notice containing the same information and comparisons set out below and holds another public meeting to discuss the revised notice.
Maintenance Tax $1.0400/$100 (proposed rate for maintenance and operations) School Debt Service Tax Approved by Local Voters
$0.1780/$100 (proposed rate to pay bonded indebtedness)
Comparison of Proposed Budget with Last Year's Budget The applicable percentage increase or decrease (or difference) in the amount budgeted in the preceding fiscal year and the amount budgeted for the fiscal year that begins during the current tax year is indicated for each of the following expenditure categories.
Maintenance and operations 4.94 % increase
Debt Service 1.10 % increase
Total expenditures 4.69 % increase
Total Appraised Value and Total Taxable Value
(as calculated under Section 26.04, Tax Code)
Preceding Tax Year Current Tax Year Total appraised value* of all property $3,857,884,604 $3,899,084,285
Total appraised value* of new property** $29,955,868 $43,984,370
Total taxable value*** of all property $3,325,202,911 $3,376,170,343
Total taxable value*** of new property** $28,506,181 $39,974,163
*Appraised value is the amount shown on the appraisal roll and defined by Section 1.04(8), Tax Code. ** "New property" is defined by Section 26.012(17), Tax Code. *** "Taxable value" is defined by Section 1.04(10), Tax Code.
Bonded Indebtedness Total amount of outstanding and unpaid bonded indebtedness* $144,275,000
*Outstanding principal. Comparison of Proposed Rates with Last Year's Rates
Maintenance & Operations
Interest & Sinking Fund*
Total
Local Revenue Per Student
State Revenue Per Student
Last Year's Rate $1.0400 $0.1780* $1.2180 $2,269 $6,013
Rate to Maintain Same Level of Maintenance & Operations Revenue & Pay Debt Service $1.0463 $0.1777* $1.2240 $2,278 $6,138
Proposed Rate $1.0400 $0.1780* $1.2180 $2,297 $6,145
*The Interest & Sinking Fund tax revenue is used to pay for bonded indebtedness on construction, equipment, or both. The bonds, and the tax rate necessary to pay those bonds, were approved by the voters of this district.
Comparison of Proposed Levy with Last Year's Levy on Average Residence
Last Year This Year Average Market Value of Residences $91,936 $92,760
Average Taxable Value of Residences $76,936 $77,760
Last Year's Rate Versus Proposed Rate per $100 Value $1.2180 $1.2180
Taxes Due on Average Residence $937.08 $947.12
Increase (Decrease) in Taxes
$10.04
Under state law, the dollar amount of school taxes imposed on the residence homestead of a person 65 years of age or older or of the surviving spouse of such a person, if the surviving spouse was 55 years of age or older when the person died, may not be increased above the amount paid in the first year after the person turned 65, regardless of changes in tax rate or property value.
Notice of Rollback Rate: The highest tax rate the district can adopt before requiring voter approval at an election is $1.2183. This election will be automatically held if the district adopts a rate in excess of the rollback rate of $1.2183.
Fund Balances The following estimated balances will remain at the end of the current fiscal year and are not encumbered with or by a corresponding debt obligation, less estimated funds necessary for operating the district before receipt of the first state aid payment.
Maintenance and Operations Fund Balance(s) $28,500,000 Interest & Sinking Fund Balance(s) $1,200,000
TAX RATE COMPARISON WITH OTHER SCHOOL DISTRICTS
29
SUPPLEMENTARY INFORMATION
30
31
FEDERAL AND OTHER STATE FUNDS
FUND CODE FUND DESCRIPTION REVENUE APPROPRIATION
DIFFERENCE SURPLUS (DEFICIT)
211ESEA TITLE I, PART A , IMPROVING BASIC PROGRAMS 7,611,324.25 7,611,324.25 0.00
212
ESEA, TITLE I, PART C EDUCATION OF MIGRATORY CHILDREN 1,219,422.18 1,219,422.18 0.00
215
ESEA TITLE I, PART D, PREVENTION & INTERVENTION PROGRAM 77,253.23 77,253.23 0.00
224 IDEA PART B FORMULA 3,168,044.45 3,168,044.45 0.00
225 IDEA PART B PRESCHOOL 64,035.52 64,035.52 0.00
244 CAREER & TECHNICAL-BASIC 255,344.44 255,344.44 0.00
255
ESEA, TITLE II, PART A-TEACHER PRINCIPAL TRAINING RECRUITMENT 973,254.63 973,254.63 0.00
263
ESEA, TITLE III, PART A, SUBPART I, ENGLISH LANGUAGE ACQUISITION 263,238.00 263,238.00 0.00
461 STUDENT ACTIVITY 523,425.00 523,425.00 0.00
618 CAPITAL PROJECTS-BABS 128,677.89 128,677.89 0.00
619CAPITAL PROJECTS-TAX EXEMPT 55,147.67 55,147.67 0.00
770 EMPLOYEE BENEFITS 20,000.00 20,000.00 0.00
TOTAL ALL FUNDS 14,359,167.26 14,359,167.26
32