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Classroom Site Fund FY2012

Chuck Essigs Arizona Association of School Business Officials. Classroom Site Fund FY2012. How Did it Change?. By March 30 th Joint Legislative Budget Committee shall determine a per pupil amount for the budget year……….

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Classroom Site Fund FY2012

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  1. Chuck Essigs Arizona Association of School Business Officials Classroom Site Fund FY2012

  2. How Did it Change? • By March 30th Joint Legislative Budget Committee shall determine a per pupil amount for the budget year………. • What Changed – New language, “Adjusted for any prior year carry forward or shortfall” FY2011 First Year for Implementation

  3. Classroom Site Fund

  4. Example of Impact* • FY2011 – per weighted count $220 • Prior Year Shortfalls $195 • FY2011 – Amount = $25 per weighted student *Adjust to shortfall total in FY2011

  5. Amendment to SB1284 Proposal/Adjust Over Two Years • Current • FY2011 $220-$25 <$195> • Proposed • FY2011 $220-$120 <$100> • Leaves $95 shortfall for FY2012

  6. Actual Impact for FY2012 • Prior year shortfall <$124.99> • After adjustments: • FY2011 $220 vs $196.28 • Estimated FY2012 $219 • Estimated FY2012 $94* • Per weighted pupil $219 - $124.99 = $94.01 *If SB1263 passes $120

  7. Estimated Impact FY2013 • Estimated Revenue $219 • Estimated Revenuewith SB1263$94 - $120 = <$26> • $219 - $26 = $193 FY 2013

  8. Budget Limit – Classroom Site Fund • Allocation from ARS 15-979 (per weighted student) $120* per weighted student • Unexpended budget balance from FY2010 • The net interest earned during FY2010 *with SB1263

  9. SB1263 Supplanting/ Classroom Site Fund • Additional teacher compensation money from sources other than Classroom Site Fund for FY2012. • Not considered supplanting for FY2013 calculation.

  10. Questions???

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