Proposed Budget FY 2011

Board Members: Don Pendergrass, President

Mike Elliott, Vice President Pam Doyle Farrell Southern Willis Thompson

Jeff Wooten, Ed. DSuperintendent

September 20, 2010

“providing opportunities for all students to obtain wisdom and achieve their greatest potential”

 

FY 2011 BudgetFY 2011 Budget

October 1 - September 30 fiscal yearGeneral Fund is a balanced budgetThe focus for 2011 is to maintain our

instructional programs and to expand on reading comprehension

$28,539,832 annual budget

The annual school budget is a financial representation for a school district’s educational programs

MUSCLE SHOALS CITY SCHOOLSFIRST 20 DAY ENROLLMENT TREND

18.55 Students Received 3.36 units less or

$265,000

Budget HighlightsBudget Highlights

The budget is based on an average daily membership of 2,731.70 students.

State units earned are 179.24 units or a decrease of 3.36 units.

Other current expense revenues decreased from $12,302/per unit earned to $11,368/per unit earned.

Classroom instructional, technology, library enhancement, common purchase, and professional support are again zero in the state budget. We are giving each school academic enhancement money, based upon last year’s enrollment.

Textbooks funded at $15.88 per student. Muscle Shoals has added $90,000 to ensure each student has textbooks.

Salaries -1% per Act 97-238 and current units are not funded this year.

Retirement (12.51 % per dollar) and insurance ($9,024 per year) stayed the same as last year. These allocations are appropriated each year in the education budget by the legislature.

Local Funds held by the 10 mills Foundation Program increased $90,010 or $1,523,010.

State Fiscal Stabilization funding helped offset of other current expense revenues of $662,189. We will not receive this revenue in FY 2012.

Education Jobs Fund was passed by the federal government. We will receive $551,864. We will not receive this revenue in FY 2012.

3% to 5% proration is being projected in FY 2011 (one percent is approximately $146,489).

We flexed FY 2010 Capital Funds of $600,000.

MUSCLE SHOALS CITY SCHOOLSMUSCLE SHOALS CITY SCHOOLS COMPARISON OF STATE REVENUES COMPARISON OF STATE REVENUES

FY 2005-2006 6% Increase in salariesFY 2006-2007 5% Increase in salaries, two additional steps on salary matrixFY 2007-2008 7% Increase in salaries

5% proration is $732,445

$12,873,753

ETF Growth Projected for FY 2011

101112

13141516

1718

S T U

Category Amount % ChangeBase Forward from FY 2010 5,326,190,270$ n/aProjected Growth 63,279,521$ 1.19%Kimberly Clark Settlement 34,000,000$ 0.64%DOR Enhancements 30,000,000$ 0.56%IRS rule on Tax Preparers 10,000,000$ 0.19%APSCA Bond Issue 32,302,687$ 0.61%

Total 5,495,772,478$ 3.18%

FY 2010-2011

VALUE OF 1 MILL PROPERTY TAXVALUE OF 1 MILL PROPERTY TAX

$97,081$99,814

$113,255

$115,905

$117,640

$133,835

$143,300

$152,301

$90,000

$100,000

$110,000

$120,000

$130,000

$140,000

$150,000

$160,000

FY 04 FY 05 FY 06 FY 07 FY08 FY 09 FY 10 FY 11

Muscle Shoals City SchoolsRevenue Comparison

GROWTH LOCAL TAXESFY 2011

PROPOSED BUDGET COMPARISONPROPOSED BUDGET COMPARISONGENERAL FUNDGENERAL FUNDState and Local Funds

Moved support to jobs bill

4 new employees contract 19.5 hours

per week

Set aside money for proration FY 2011

September AugustFY 2011 FY 2011

BUDGET BUDGET DIFFERENCE

REVENUES:

STATE REVENUES 13,606,198 13,606,198 0FEDERAL REVENUES 900 900 0LOCAL REVENUES 6,662,092 6,662,092 0OTHER SOURCES 53,000  53,000  0

TOTAL REVENUES 20,322,190 20,322,190 0

EXPENDITURES:

INSTRUCTIONAL SERVICES 13,695,843 12,924,774 771,069

INSTRUCTIONAL SUPPORT SERVICES 3,316,788 3,603,500 -286,712OPERATION & MAINTENANCE 1,396,032 1,995,531 -599,499AUXILIARY SERVICES 210,237 210,237 0

GENERAL ADMINISTRATIVE SERVICES 1,228,060 1,113,360 114,700OTHER EXPENDITURES 121,781  120,580  1,201

TOTAL EXPENDITURES 19,968,741 19,967,982 759

OTHER FUND SOURCES (USES):

OTHER FUND SOURCES 250,205 249,446 759OTHER FUND USES 603,654  603,654  0

TOTAL OTHER FUND SOURCES (USES) -353,449 -354,208 759

EXCESS REVENUES & OTHER SOURCES

OVER (UNDER) EXPENDITURES & OTHER FUND USES 0 0 0

GENERAL FUND EXPENDITURESBY OBJECT CODE

FY 2011$20,572,395 $ 2,248,695 Materials, Insurance, Etc.

PROPOSED BUDGET COMPARISONPROPOSED BUDGET COMPARISONTOTAL FUNDSTOTAL FUNDS$28,539,825$28,539,825

September AugustFY 2011 FY 2011BUDGET BUDGET DIFFERENCE

REVENUES:

STATE REVENUES 14,302,095 14,302,095 0FEDERAL REVENUES 2,820,001 2,268,244 551,757LOCAL REVENUES 9,424,392 9,424,392 0OTHER SOURCES 115,325  115,325  0

TOTAL REVENUES 26,661,813 26,110,056 551,757

EXPENDITURES:

INSTRUCTIONAL SERVICES 15,232,972 14,470,894 762,078INSTRUCTIONAL SUPPORT SERVICES 4,130,844 4,063,341 67,503OPERATION & MAINTENANCE 3,312,219 3,109,288 202,931AUXILIARY SERVICES 2,205,299 2,205,299 0GENERAL ADMINISTRATIVE SERVICES 1,295,793 1,174,743 121,050CAPITAL OUTLAY 980,022 893,634 86,388DEBIT SERVICES 30,959 117,347 -86,388OTHER EXPENDITURES 689,910  690,004  -94

TOTAL EXPENDITURES 27,878,018 26,724,550 1,153,468

OTHER FUND SOURCES (USES):

OTHER FUND SOURCES 1,372,259 1,371,501 758OTHER FUND USES 661,814  661,814  0

TOTAL OTHER FUND SOURCES (USES) 710,445 709,687 758

EXCESS REVENUES & OTHER SOURCES

OVER (UNDER) EXPENDITURES & OTHER FUND USES -505,760 95,193 -600,953

Flexed capital improvement funds for utilities

SPECIAL FUNDSSPECIAL FUNDSCOMPARISON FY 2011-FY 2010COMPARISON FY 2011-FY 2010

FY 2011 FY 2010

BUDGET BUDGET DIFFERENCE

IDEA-PART B, $458,469 $476,194 ($17,725)ARRA IDEA $150,000 $629,521 ($479,521)PRE-SCH AG 3-5-PAR $7,602 $7,626 ($24)ARRA IDEA PRESCH $5,000 $22,317 ($17,317)BASIC GRANT $19,765 $20,796 ($1,031)TECH PREP $1,922 $1,665 $257 TITLE I, PART A $247,760 $284,091 ($36,331)ARRA TITLE I $0 $164,173 ($164,173)TITLE I, PART A $0 $2,546 ($2,546)TITLE II - PART A $67,256 $74,781 ($7,525)TITLE II, PART D $846 $2,568 ($1,722)ARRA TITLE II PART D $0 $6,315 ($6,315)TITLE IV (A) DRUG $0 $7,119 ($7,119)TITLE IV, TWENTY FIRST CENTURY $125,000 $125,000 $0 ARRA TITLE II PART D $0 $6,315 ($6,315)ARRA HOMELESS $0 $272 ($272)ARRA FISCAL STABLI $662,189 $675,272 ($13,083)EDUCATIONAL JOBS $551,864 $551,864 CHILD NUTRITION PROGRAM $1,921,632 $1,933,746 ($12,114)

TOTAL $4,219,305 $4,440,317 ($221,012)

$1,339,053 FOR FY 2012

TOTAL FUND EXPENDITURESBY OBJECT CODE

FY 2011$28,539,832

$20,718,602 Salaries and Benefits $549,107 CNP Transfer $1,094,460 Capital $1,607,861 Local Schools $4,569,802 Electricity, Supplies, CNP Food

MUSCLE SHOALS CITY SCHOOLSFY 2011 TOTAL REVENUES

51 ¢ 34¢ 10¢ 5¢

State Local Federal Other

MUSCLE SHOALS CITY SCHOOLSFY 2011 TOTAL EXPENDITURES

53¢ 15¢ 8¢ 12¢ 4¢ 3¢ 5¢

Instructional Services

Instructional Services

Instructional Support Services

Auxiliary Services

Operation & Maintenance

General Administrative

Services

Capital Outlay

Debt/Other Expenditures

FY 2012“Challenges Ahead”

No ARRA Title I: $ 80 million No ARRA IDEA : $ 90 million No SFSF: $179 million Minimum Payment $110 million

for “Rainy Day Fund”

No Jobs Funds $150 million

$609 million

Needed to Replace Federal Dollars & Make Payment

11% Growth Needed

4.7%

5.8% 6.0%5.5% 5.8%

9.7%9.9%9.7%9.7%7.6% 9.5% 9.5%9.7%

5.1%4.6% 4.6%

4.7%

11.0%11.1%

10.3% 9.7%

3.9%3.6%

3.5%

10.7%11.1%

5.4% 5.5%5.1%

10.1%

5.1%

11.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

2001

2002

2003

2004

2005

2006

2007

2008

2009 JA

NFEB

MAR

APRM

AYJU

NJU

L

Year and Month

Percent

US Unemployment RateAL Unemployment Rate

Note: Some expenses funded from non-ETF sources

PEEHIP Expenses Budgeted FY 2011 $1,343,778,191Assume Rate of Medical Inflation 7.00%Inflation Adjustment for FY 2012 $94,064,473Number of Months 12.00 Cost Increase Per Month $7,838,706Assume Number of Active Employees 104,000.00 Estimated Cost per Active Employee $75.37Budgeted Cost FY 2011 $752.00Estimated FY 2012 Cost per Active $827.37

ESTIMATED PEEHIP COST FOR FY 2012

$1.07 Billion Total

19.8% Growth in Receipts

GradeStudent count

State divisors

Number of teachersearned current divisors by grade for FY 2012

Number of teachersearned current divisors by school for FY 2012

State earned FY 2011 year

Difference 0 change in divisors

Difference .5 change in divisors

Difference 1.0 change in divisors

Difference 1.5 change in divisors

Difference 2.0 change in divisors

K 228 13.8 16.52 16.52 15.49 1.03 0.45 -0.08 -0.59 -1.06

1 200 13.8 14.49             

2 201 13.8 14.57 29.06 29.58 -0.52 -1.54 -2.49 -3.37 -4.20

3 208 13.8 15.07             

4 221 21.4 10.33             

5 219 21.4 10.23 35.63 36.06 -0.43 -1.42 -2.36 -3.25 -4.09

6 239 21.4 11.17             

7 241 20.1 11.99             

8 210 20.1 10.45 33.61 32.02 1.59 0.79 0.02 -0.70 -1.40

9 217 18 12.06             

10 233 18 12.94             

11 220 18 12.22             

12 168 18 9.33 46.56 44.34 2.22 0.96 -0.23 -1.37 -2.44

                     

  2805  161.37 161.37 157.49 3.88 -0.76 -5.14 -9.28 -13.19

Total In Revenue $310,761 -$61,077 -$411,502 -$742,358 -$1,055,279

DIVISORS

Are you on the Muscle Shoals Train?

Board MembersPrincipalsTeachers

Superintendent

Assistant SuperintendentCSFO

Central Office Support Staff

School’s Support Staff Maintenance and Transportation

Custodians

Child Nutrition Support Staff

and ManagersAssistant Principals

Librarians and CounselorsSubs

All Employees

The Muscle Shoals Train Is About Our Children.

“providing opportunities for all students to obtain wisdom and achieve their greatest potential”

Are You On Board?