The purpose of Mountain Brook Schools is to provide

1. The purpose of Mountain Brook Schools is to provide an effective, challenging, and engaging education for every one of our students.

2. Mountain Brook City Schools Budget Information 2011-2012

3. The 2011-2012 Mountain Brook Schools budget provides for the following: • Personnel needs: • step increases • staffing to maintain current instructional programs and desirable class size - regular classroom teachers- 2 - special ed aides - 2

4. Continuing support for professional development: • professional development to support implementation of social studies education and elementary math materials • training of mentors for teachers new to Mountain Brook Schools • induction and professional development for teachers new to Mountain Brook Schools • ongoing professional development for integration of technology into all content areas • ongoing professional development experiences which focus on developing engaging work for students • ongoing professional development in the areas of Professional Learning Communities and developing common assessments • opportunities for small groups of teachers to design their own professional development activities • opportunities for teachers/administrators to attend national and regional conferences, conventions, and workshops • continued downloading of funds to support local school professional development

5. Improvements in curriculum and instruction: • curriculum development in math. • Improvements in instructional materials: • funding of math materials to support revised curricula, AIMS web and Compass Learning • “Maintenance and Support” of instructional uses of technology: • purchase and installation of 303 laptops to address 3-year laptop replacement and 276 desktop to address a 4-year desktop replacement schedule • support of classroom technologies

6. Improvements in facilities: • ongoing maintenance and replacement needs from special revenue fund • completion of major construction projects ( MBHS campus plan) • Increase in the school system’s fund balance: • increase of $21,666.00 which will result in a projected year-end balance of $13,080,098.00

7. GENERAL FUNDBUDGET

8. Budget Categories • General Fund Budget • Revenues: • state appropriations • local revenues • MBCS Foundation • other • Expenditures: • salaries and benefits • textbooks and other instructional materials and equipment • maintenance costs • utilities • debt service • professional development • other costs

9. Analysis of Local FundsWithin Foundation Program Funds FY 12 FY11 Foundation $23,138,178 $23,229,373 State $17,438,888 $17,501,603 Local – 10 Mills $5,699,290 $5,727,770

10. Proposed General Fund Budget FY 2011-2012 • REVENUES • STATE $18,340,702 • LOCAL $27,487,141 • FOUNDATION $ 372,192 • OTHER $ 1,276,899

11. Major State FundingPrograms Within General Fund

12. General Fund Local Revenues

13. Ad Valorem Millage

14. MOUNTAIN BROOK BOARD OF EDUCATION GENERAL FUND TOTAL REVENUE SOURCES 2011-2012

15. Proposed Expenditures for 2011-2012

16. MOUNTAIN BROOK BOARD OF EDUCATION GENERAL FUND (Proposed Expenditures) 2011-2012

17. MOUNTAIN BROOK BOARD OF EDUCATION GENERAL FUND (Proposed Expenditures) 2011-2012

21. MOUNTAIN BROOK BOARD OF EDUCATION GENERAL FUND 2011-2012

22. MOUNTAIN BROOK BOARD OF EDUCATIONGENERAL FUNDREVENUES2002-2012

23. MOUNTAIN BROOK BOARD OF EDUCATION FUND BALANCE2002-2012

24. MOUNTAIN BROOK BOARD OF EDUCATIONFund balance as a percentage of expenditures

25. CAPITAL BUDGET

26. Capital Budget • Revenues: • state funding of capital projects • transfer from General Fund • facilities maintenance and replacement fund • Expenditures: • major construction projects • renovations of buildings • purchases of major equipment • scheduled ongoing maintenance and replacements

27. Capital Projects Fund • Completion of the MBHS master plan

28. DEBT SERVICE

29. Debt Service $2,033,587 This fund reflects the annual debt payment (principal and interest) of the Mountain Brook City Board of Education on its outstanding debt as of October 1, 2012. • Principal $1,572,500 • Interest $461,087 • Other Debt Service $7,500 TOTAL $2,033,587

30. Debt Service Fund • Funding Sources • PSF $789,473 • Local Match-5.7 Mill $541,963 • Transfer General Fund $702,151

31. SERIES OF BOND ISSUES

32. TOTAL OUTSTANDING DEBT

33. OTHER FUNDS

34. Other Budget Categories • There are 10 other budget categories which are essentially “stand-alone” budgets; i.e. the revenue in these budgets is categorical in nature and can only be spent for certain purposes. • Some of these budgets are created by federal grants (e.g. special education, career and technical education, Title II). • If expenditures in these budgets exceed the revenues, the difference becomes an expenditure in the general fund budget.

35. Major Funding Programs • Title II-Part A $58,673 • IDEA-B Special Education $ 746,886 • Child Nutrition Program $ 2,337,855 • Vocational –Basic Grant $ 22,311 • Preschool $ 14,515 • Community Ed $514,550

36. The purpose of Mountain Brook Schools is to provide an effective, challenging, and engaging education for every one of our students.