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SHEFFIELD CITY SCHOOLS

SHEFFIELD CITY SCHOOLS. ANNUAL BUDGET FISCAL YEAR 2011-2012. TOTAL BUDGET $11,426,900. SHEFFIELD CITY SCHOOLS 2011-2012 BUDGET Revenue Budget - All Funds. FY 10-11 $12,614,023. STATE REVENUE. $6,289,551 – 55.04% FOUNDATION PROGRAM SCHOOL NURSES PROGRAM

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SHEFFIELD CITY SCHOOLS

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  1. SHEFFIELD CITY SCHOOLS ANNUAL BUDGET FISCAL YEAR 2011-2012

  2. TOTAL BUDGET $11,426,900 SHEFFIELD CITY SCHOOLS 2011-2012 BUDGET Revenue Budget - All Funds FY 10-11 $12,614,023

  3. STATE REVENUE $6,289,551 – 55.04% FOUNDATION PROGRAM SCHOOL NURSES PROGRAM TECHNOLOGY COORDINATOR TRANSPORTATION CAPITAL PURCHASE AT RISK PRESCHOOL PROGRAM FY 10-11 $6,543,021 52%

  4. FEDERAL REVENUE $1,658,557 – 14.51% CHILD NUTRITION PROGRAM TITLE I, II SPECIAL EDUCATION & PRESCHOOL 21ST CENTURY PROGRAM Note: ARRA Funds are no longer available History and Learn & Serve Grants ended Loss of $1,000,000 FY 10-11 $2,495,718 20%

  5. LOCAL REVENUE $3,478,792- 30.44% COUNTY AD VALOREM TAXES COUNTY SALES TAXES COUNTY ALCOHOL BEVERAGE TAXES CITY ADVALOREM TAXES CITY COUNCIL APPROPRIATIONS TVA IN LIEU OF TAXES INDIRECT COSTS FROM FEDERAL PROGRAMS DISTRIBUTIONS FROM WILLSON TRUST LOCAL SCHOOL -PUBLIC AND NON-PUBLIC EDUCATION FOUNDATION CONTRIBUTIONS FY 10-11 $3,575,284 28%

  6. SHEFFIELD CITY SCHOOLS 2011-2012 BUDGET Expenditure Budget - All Funds Expenditures$11,025,802 FY 10-11 $12,381,807

  7. INSTRUCTIONAL SERVICES AND INSTRUCTIONAL SUPPORT SERVICES $7,741,350– 70.21% SALARIES & BENEFITS -TEACHERS AND AIDES CLASSROOM INSTRUCTIONAL SUPPORT SUBSTITUTE TEACHERS GUIDANCE & COUNSELING MEDIA SERVICES PRINCIPALS AND SCHOOL OFFICES CURRICULUM DEVELOPMENT FY 10-11 $8,430,438 68.1%

  8. OPERATION AND MAINTENANCE $1,040,706 – 9.44% SECURITY SERVICES – ALARMS BUILDING SERVICES - UTILITIES,JANITORIAL SUPPLIES, MAINTENANCE & REPAIRS GROUNDS SERVICES - LAWN & ATHLETIC FIELD MAINTENANCE VEHICLE SERVICES - BUSES & TRUCKS FY 10-11 $1,122,742 9.1%

  9. AUXILIARY SERVICES $92,456 - 0.83% STUDENT TRANSPORTATION SERVICES * INSTRUCTIONAL (VOCATIONAL SCHOOL) * EXTRACURRICULAR (ATHLETICS & FIELD TRIPS) Cost to General Fund - $20,000 $803,788 – 7.29 CHILD NUTRITION PROGRAM * SALARY AND BENEFITS ($414,508) *PREPARING AND SERVING SUPPLIES *FOOD FY 10-11 $85,365 – 0.70% FY 10-11 $869,426 – 7.0%

  10. GENERAL ADMINISTRATIVE SERVICES $691,076– 6.27% SUPERINTENDENT’S OFFICE EXECUTIVE ADMINISTRATIVE SERVICES - FEDERAL PROGRAM ADMINISTRATION - SPECIAL ED. AND TESTING COORDINATOR BUSINESS SUPPORT SERVICES - CSFO; ACCOUNTING/PAYROLL; SDE REPORTS AND DATA COLLECTIONS SYSTEM-WIDE SUPPORT SERVICES - EMPLOYEE LIFE INSURANCE - PROPERTY AND LIABILITY INSURANCE - LEGAL FEES; AUDITOR’S FEES; ASSOCIATION DUES GRANT ADMINISTRATION - 21ST CENTURY; HIPPY GRANT; COMMUNITY EDUCATION SHEFFIELD EDUCATION FOUNDATION OFFICE FY 10-11 $766,474 6.2%

  11. CAPITAL OUTLAY - STATE $272,815 – 2.48% $179,796 FY12 STATE CAPITAL OUTLAY $44,289 FY12 LOCAL MATCH $48,729 QZAB BALANCE LAND IMPROVEMENT BUILDING IMPROVEMENT TECHNOLOGY FY 10-11 $225,513 1.83%

  12. DEBT SERVICE $59,962– .54% Leveraged PSCA FUNDS in 2009 *$60,000 Annual payment for 20 years Not Included in FY12 Debt Service 2001 QZAB Bond Issue Paid last payment of $200,000 April 2011 2005 QZAB Bond Issue * No Annual Payment - Secured with 17 year T-bill - No outstanding Debt FY 10-11 $260,000 2%

  13. OTHER EXPENDITURES $323,646 – 2.96% PRESCHOOL PROGRAMS Title I Preschool was cut this year to provide funding for Junior High COMMUNITY EDUCATION EDUCATION FOUNDATION FY 10-11 $621,848 5%

  14. OVERVIEW OF EXPENDITURESTOTAL BUDGET $11,025,802 TOTAL SALARIES $6,573,065 59.6% TOTAL BENEFITS $2,371,896 21.5% GRAND TOTAL $8,944,961 81.1% UTILITIES $ 431,630 3.9% CAPITAL OUTLAY $ 272,815 2.5% CNP SUPPLIES $ 389,280 3.4% DEBT SERVICE $ 59,962 .5% BUILDING SERVICES $ 115,250 1.1% STATE CLASSROOM SUPPLIES $ 29,177 .3% OTHER CLASSROOM SUPPLIES $ 221,556 2.0% PURCHASED SERVICES $ 276,075 2.5% PASS THRU TO CNP $ 228,121 1.9%

  15. CHANGES AFFECTING THE BUDGET REVENUE CHANGES: Local taxes – Ad valorem and sales taxes City Appropriation Grants – not many available now State allocations – Proration Most School CSFOs are projecting 3% Each percent will cost us approximately $60,000 EXPENDITURE CHANGES: Legislative mandates - Benefits (retirement) Non-completion of capital projects Unexpected building maintenance - roof, HVAC, plumbing Increase in operating costs – especially utilities Additional program cost

  16. TOTALRESERVE Budget

  17. Fy11 3% Proration Lost $176,138 Jobs Fund +$234,798 FY09 11% Proration Lost $750,000 Added 10 Mill $443,704 FY08 No City Allocation Lost $400,000 FY09 City 5 mill tax Lost $214,000 FY10 9.5% Proration Lost $589,217 FY12 NO Proration – yet No ARRA

  18. Changes in personnel

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