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Muscle Shoals City Schools Budget Presentation 2013

Muscle Shoals City Schools Budget Presentation 2013. Exceeds the State requirements in every content subject in every grade. FACTS. Total Revenues $28,016,735. 6 Schools and The Center for Technology. Ranked 5th in the State Grades 5 6,7, and 8 in Math.

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Muscle Shoals City Schools Budget Presentation 2013

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  1. Muscle Shoals City Schools Budget Presentation 2013

  2. Exceeds the State requirements in every content subject in every grade FACTS Total Revenues $28,016,735 6 Schools and The Center for Technology Ranked 5th in the State Grades 5 6,7, and 8 in Math General Fund is a balanced budget All Principals and Assistant Principals have a Doctoral or EDS Degree Muscle Shoals graduation rate 92% State graduation rate 76% 71% Certified employees hold a Masters or higher Degree

  3. 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

  4. Enrollment Comparison FY 2012 – FY 2013 Current Divisors K-3 = 14.25 4-6 = 21.85 7-8 = 20.45 9-12= 18.45

  5. Muscle Shoals City Schools PersonnelFY 2012 - 2013

  6. Where Does School Funding Come From ? 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.

  7. 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.

  8. State Foundations Funds Pays For: $13,518,650 SALARIES & FRINGE BENEFITS TEACHERS PRINCIPALS ASSISTANT PRINCIPALS COUNSELORS, LIBRARIANS CAREER TECH DIRECTORS CLASSROOM INSTRUCTIONAL SUPPORT STUDENT MATERIALS TEXTBOOKS OTHER CURRENT EXPENSES SALARIES & FRINGE BENEFITS FOR SUPPORT PERSONNEL STATE REQUIRED SUPPLEMENTS TO THE CHILD NUTRITION PROGRAM OPERATING EXPENSES

  9. Other State Funds 2013 • 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

  10. Muscle Shoals City Schools Comparison of State Revenues $1,047,274

  11. Local Revenue PAYS FOR: 12.08 ADDITIONAL TEACHERS ADDITIONAL ASSISTANT PRINCIPALS STATE AND FEDERAL MANDATES, PRORATION ART, BAND, CHORUS, ADVANCED COURSES, GIFTED PROGRAM LOCAL SCHOOL & CENTRAL OFFICE SUPPORT PERSONNEL LIBRARY AIDES AND ADDITIONAL AIDES FOR CLASSROOM UTILITIES AND GENERAL MAINTENANCE OF OUR BUILDINGS 10 MILL MATCH FOR STATE FUNDS AND MATCH FOR CAPITAL FUNDS, TEXTBOOKS, CUSTODIAN SUPPLIES, COPIERS, SUPPLIES FOR SCHOOLS, COMPUTERS

  12. Growth Comparison Local TaxFY 2006 – 2013 $395,192

  13. Muscle Shoals City Schools Comparison of State Revenues $1,047,274

  14. Growth Comparison Local TaxFY 2006 – 2013 $652,082 $395,192

  15. Muscle Shoals City Schools Property Tax Comparison Value Of 1 Mill Property Tax Value Of 20 Mills Less Match To State

  16. Federal Funds Based upon Free and Reduced Children 30.99% PAYS FOR: SPECIAL EDUCATION AIDES AND SERVICES - $567,208 IDEA-PRESCHOOL - $7,579 TITLE I AND TITLE II - $356,116 CAREER TECH EDUCATION- $26,270 CHILD NUTRITION - $465,725 21ST CENTURY -$120,000 ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED

  17. State Capital Funds PAYS FOR: ACQUISITION/CONSTRUCTION OF NEW SCHOOLS PURCHASE OF LAND/BUILDINGS BUILDING IMPROVEMENT PURCHASE OF EQUIPMENT/FURNITURE NEW SCHOOL BUSES (FLEET RENEWAL) ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED

  18. Capital Funds

  19. 2013 BUDGET Revenues$28,016,735 *Earmarked 10 Mill Match $1,567,390 Capital $ 163,999 Local 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

  20. 2013 BUDGET Expenditures$29,791,620

  21. FY 2013 • Budget Amendment #1-January 2013 • Budget Amendment #2-June 2013

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