Muscle Shoals City SchoolsBudget Presentation 2013

General Fund is a balanced budget

6 Schools and The Center for

Technology

Exceeds the State

requirements in every content subject in every

grade

All Principals and Assistant Principals have a Doctoral or EDS Degree

Ranked 5th in the State

Grades 5 6,7, and 8 in Math

Total Revenues$28,016,735

71% Certified employees hold a Masters or higher

Degree

Muscle Shoals graduation rate

92% State

graduation rate 76%

FACTS

ADM Per System In Colbert County (Average Daily Membership will be based upon the average number of student enrolled on a daily basis during the first scholastic days following Labor Day of the preceding school year)

FY 2012

101.2 Students

MCBRIDE MSMS HIGHLAND PARK

HOWELL GRAVES

MSHS WEBSTER SYSTEM0.00

500.00

1,000.00

1,500.00

2,000.00

2,500.00

3,000.00

634.00691.60

206.75 235.65

880.75

210.10

2,858.85

609.00674.00

211.00 242.00

874.00

214.00

2,824.00

Student Enrollment FY 2012

Student Enrollment FY 2013

-34.85 Students

Based upon enrollment if the divisor is the same we would lose 1.53 teaching units or approximately $120,000.00 in FY 2014

Enrollment Comparison FY 2012 – FY 2013

Current DivisorsK-3 = 14.254-6 = 21.857-8 = 20.459-12= 18.45

Muscle Shoals City Schools Personnel

FY 2012 - 2013

Bachelor

Master

EDS

Doctor

0 20 40 60 80 100 120 140

60.5

128.25

14

7

 TYPE 

TOTALEMPLOYEES

Teachers   178.01

Librarians   4.50

Counselors   6.50

Administrators   11.00

Certified Support Personnel 9.74

Non. Cert. Supp. Personnel 92.17

Total     301.92

State revenue - Funding received from the Education Trust Fund and other state appropriations Local revenue - All local tax revenue, grants from local agencies, earnings on investments, and charges for services Federal revenue - Revenues originating from federal government agencies such as Individuals with Disabilities Education Act, No Child Left Behind, Child Nutrition Program Other revenue - Various revenues including local school (admissions, concessions, fund raisers, etc.), Medicaid, tuition, indirect cost, transfer in from local schools or child nutrition.

Where Does School Funding Come From ?

Where Does the Money GO?66% Salaries & Benefits

9% Purchased Services

11% Materials & Supplies

4% Transfers and Other

10% Capital Outlay and Equipment

Educating children is a labor-intensive process. For that reason, the largest share of any school system’s budget goes to pay for employees’ wages & benefits.

State Foundations Funds Pays For: $13,518,650

SALARIES & FRINGE BENEFITS TEACHERS

PRINCIPALSASSISTANT PRINCIPALS

COUNSELORS, LIBRARIANS CAREER TECH DIRECTORS

CLASSROOM INSTRUCTIONAL SUPPORTSTUDENT MATERIALS

TEXTBOOKS

OTHER CURRENT EXPENSESSALARIES & FRINGE BENEFITS FOR SUPPORT PERSONNEL

STATE REQUIRED SUPPLEMENTS TO THE CHILD NUTRITION PROGRAMOPERATING EXPENSES

Other State Funds• SCHOOL NURSES-$141,343• HIGH HOPES-$17,491• TECHNOLOGY COODINATOR-$26,813• TRANSPORTATION OPERATIONS-$96,248• AT RISK-$44,537• PRESCHOOL PROGRAM-$4,103• ALABAMA READING INITIATIVE-$310,021• CHILDREN’S FIRST-$9,606• NATIONAL BOARD-$90,000• GIFTED EDUCATION-$3,789• ENGLISH LEARNERS-$3,322• Career Tech Operations & Maintenance $26,074• Community Education-$15,000

2013

Muscle Shoals City Schools Comparison of State Revenues

$1,047,274

Local Revenue

PAYS FOR:

12.08 ADDITIONAL TEACHERS ADDITIONAL ASSISTANT PRINCIPALS

STATE AND FEDERAL MANDATES, PRORATIONART, BAND, CHORUS, ADVANCED COURSES, GIFTED PROGRAM

LOCAL SCHOOL & CENTRAL OFFICE SUPPORT PERSONNELLIBRARY AIDES AND ADDITIONAL AIDES FOR CLASSROOM

UTILITIES AND GENERAL MAINTENANCE OF OUR BUILDINGS10 MILL MATCH FOR STATE FUNDS AND MATCH FOR CAPITAL FUNDS,

TEXTBOOKS, CUSTODIAN SUPPLIES, COPIERS, SUPPLIES FOR SCHOOLS, COMPUTERS

Growth Comparison Local TaxFY 2006 – 2013

$395,192

Muscle Shoals City Schools Comparison of State Revenues

$1,047,274

Growth Comparison Local TaxFY 2006 – 2013

$395,192

$652,082

Muscle Shoals City Schools Property Tax Comparison

Value Of 1 Mill Property Tax Value Of 20 Mills Less Match To State

20 Mill Property Tax $3,478,934

10 Mill Match -$1,567,390

Capital Match     -$163,999

Total Available $1,747,545

Federal FundsBased upon Free and Reduced Children 30.99%

PAYS FOR:SPECIAL EDUCATION AIDES AND SERVICES - $567,208IDEA-PRESCHOOL - $7,579TITLE I AND TITLE II - $356,116CAREER TECH EDUCATION- $26,270CHILD NUTRITION - $465,72521ST CENTURY -$120,000

ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED

$1,542,898

State CapitalFunds

PAYS FOR:

ACQUISITION/CONSTRUCTION OF NEW SCHOOLSPURCHASE OF LAND/BUILDINGS

BUILDING IMPROVEMENTPURCHASE OF EQUIPMENT/FURNITURENEW SCHOOL BUSES (FLEET RENEWAL)

ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED

Capital FundsBuilding/Debt

Fund Source 2120Estimate Beginning Fund Balance $1,783,841

RevenuesPublic School Fund $724,577Local Match Public School $163,999

Total Revenues $888,576

Total Beginning Fund Balance And Revenues $2,672,418

ExpendituresNew Center for Technology $2,555,070Debt Service $117,348

Total Expenditures $2,672,418

Balance $0               

Bus

Estimate Beginning Fund Balance $44,442

Bond Issue Act 2010-720 $18,588Fleet Renewal Act 2013 $27,928

Total Revenues $46,516

Total Beginning Fund Balance And Revenues $90,958

ExpendituresBus $90,958

Total Expenditures $90,958

Balance $0

2013 BUDGET REVENUES$28,016,735

Revenues General FundSpecial

Revenue

Capital Projects

Fund

Enterprise/Internal/Trust

Fund All FundsEarmarked/

Discretionary

State Revenue $14,306,997 $771,093 $15,078,090 100% Earmarked

Federal Revenue $890 $1,542,898 $1,543,788 100% Earmarked

Local Revenue $7,230,794 $880,017 $163,999 $8,274,810* 33% Earmarked67% Discretionary

Local: School Sites $1,166,417 $930,750 $2,097,167 100% Earmarked

Other Sources $62,000 $62,800 $124,80099.8% Earmarked.2% Discretionary

Indirect Cost/Transfers $230,432 $657,310 $10,338 $898,080

** 89% Earmarked 11% Discretionary

Total Revenue $21,831,113 $4,309,442 $935,092 $941,088 $28,016,735

* Earmarked10 Mill Match $1,567,390Capital $ 163,999Local CNP $ 818,700

Extended Day $ 177,000$2,727,089

80% Earmarked $22,372,343 20% Discretionary $5,644,392

$28,016,735

** CNP Transfer $541,627 Local School Transfer $261,782

2013 BUDGET EXPENDITURES$29,791,620

Expenditures General Fund Special RevenueCapital Projects

Fund

Enterprise/Internal/Trust

Fund All Funds

Salaries-Certified $10,901,275 $243,187 $11,144,462

Salaries-Support Staff $2,185,547 $970,781 $3,156,328

Substitutes $230,200 $34,411 $264,611

Employee Benefits $4,450,790 $640,743 $5,091,533

Purchased Services, Utilities, Rentals $2,084,237 $471,126 $312,531 $2,867,894

Materials & Supplies $1,159,700 $1,549,602 $469,171 $3,178,473

Capital Outlay $165,000 $65,000 $2,646,027 $2,876,027

Other Expenditures $19,150 $122,680 $55,034 $196,864

Debt Expenditure $117,347 $117,347

Indirect Cost $106,819 $106,819

Transfer Out $635,214 $74,511 $81,537 $791,262

Total Expenditures

$21,831,113 $4,278,860 $2,763,374 $918,273 $29,791,620

FY 2013

• Budget Amendment #1-January 2013• Budget Amendment #2-June 2013