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Explaining Sample ISD’s [ Budget/Financial Position ]

Explaining Sample ISD’s [ Budget/Financial Position ] . As presented at: Region One Finance Advisory Council Meeting Friday, October 15,2010. Our Students. Santa Maria ISD serves 647 students __% White 100% Hispanic __% African American __% Asian/Pacific Islander __% Native American

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Explaining Sample ISD’s [ Budget/Financial Position ]

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  1. Explaining Sample ISD’s [Budget/Financial Position] As presented at: Region One Finance Advisory Council Meeting Friday, October 15,2010

  2. Our Students • Santa Maria ISD serves 647 students __% White 100% Hispanic __% African American __% Asian/Pacific Islander __% Native American __% Limited English Proficient __% Economically Disadvantaged __% Special Education

  3. Our Academic Achievement • District’s State Rating is Academically Acceptable 25 % of campuses are rated “Recognized” 50 % of campuses are rated “Academically Acceptable” 25 % of campuses are rated “Other” • Our district did “Meet AYP” • Graduation rate is 86.7% vs. state average of 79.1 % • 2006-07 Dropout rate (9th -12th grade) 3.4% vs. state average of 2.2 %

  4. Our Teachers • 41.3 % of our teachers have 1-5 years of experience • 17.4 % of our teachers have 11+ years • Average beginning teacher salary is [$33,949] in our district and $34,252 statewide • Average teacher salary is [$42,064] in our district and $47,305 statewide • Average student/teacher ratio 14.5 to 1 • 4.7% of our employees are “Administrators”

  5. An Overview of Our Financial Position • During the 2008-09 school year, we spent $7,967 per student • That amounts to [$_____] per student per hour • Our total operating costs were $ 7,372,378

  6. Sample ISD’s Expenditures • Operating Expenditures 48 % on Instruction 6.0 % on Administration (school and district) 2.0 % on Transportation 5.0 % on Food Services 12.0 % on Utilities • 22 % increase in operating expenditures since 2005-06

  7. Sample ISD’s Revenue • Sources • % Local ($6.4) • % State ($70.5) • % Federal ($23.1) • Total Revenue is $ 7,939,963

  8. Sample ISD’s Financial Position • Revenue – Expenditures • Proposed budget foresees revenues of $6,940,435 and expenditures of $6,287,998 • Balanced or Surplus Budget • What about upcoming years? • Deficit Budget • Did you have to use your fund balance?

  9. Sample ISD’s Tax Rate • The district’s current M&O tax rate is $1.04 • The proposed M&O tax rate is $1.28 • The total tax rate (M&O and I&S) is $ 1.551 • This is expected to generate $497,605 over the next school year.

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