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FY 2012 Budget

Tuscaloosa County School System. FY 2012 Budget. Frank Costanzo, Ed.D., Superintendent Patrick Conner, CPA, Chief School Financial Officer. LEA Allocation. Budgeted Personnel FY2011. Budgeted Personnel FY2012. Budgeted Personnel Changes from 2011 to 2012.

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FY 2012 Budget

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  1. Tuscaloosa County School System FY 2012 Budget Frank Costanzo, Ed.D., Superintendent Patrick Conner, CPA, Chief School Financial Officer

  2. LEA Allocation

  3. Budgeted Personnel FY2011

  4. Budgeted Personnel FY2012

  5. Budgeted Personnel Changes from 2011 to 2012

  6. Number of Teachers by Five-Year Experience Group

  7. FY2012 Budget • The annual school budget is a financial representation of a school district’s educational program. • October 1 - September 30 fiscal year. • $190 million annual budget • Education is service oriented. • 71% of our operating budget is for personnel. • $8,769 per pupil expenditure from operations.

  8. FY 2012 Budget Revenue 58¢ 33¢ 9¢ Federal State Local

  9. Local Revenue Sources

  10. FY 2012 Budget Expenditures 41¢ 12¢ 11¢ 9¢ 6¢ 18¢ 2¢ 1¢ Instructional Services Instructional Support Services Auxiliary Services Debt Service Operations & Maintenance Capital Outlay General Administrative Services Other Expenditures

  11. FY 2012 Budget Expenditures * 50¢ 15¢ 13¢ 11¢ 7¢ 2¢ 2¢ Instructional Services Instructional Support Services Auxiliary Services Debt Service Operations & Maintenance General Administrative Services Other Expenditures *Adjusted for Capital Projects

  12. Did You Know? Unfunded Mandates for FY2010 (cost to local system) $12,967,091 The 10 mill charge back for the Tuscaloosa County School System: $ 11,447,340 Line of Credit Borrowed and Carried over to FY2011: $ 8,500,000 Line of Credit Anticipated to Borrow in FY2012: NO ADDITIONAL LOAN Projected Line of Credit debt unpaid as of 9/30/2011: $6,000,000 Number of Employees Lost (FY2012) Certified: 43.61 Support : 16.64 Dollars lost due to 2009 proration: $10.3 million Dollars lost due to 2010 proration: $ 8.6 million Dollars lost due to 2011 proration: $ 2.6 million All ARRA funds will be spent by September 30, 2011 15

  13. Balances CASH BALANCE AT SEPTEMBER 30, 2011 ESTIMATED Bank Balance after Payroll and Accounts Payable Check Run ($6,000,000) Loan Proceeds from Bank Loan ($15,000,000 Line of Credit) $6,000,000 FUND BALANCES AT SEPTEMBER 30 Ending Fund Balance as of September 30, 2010 ($4,614,989) Estimated Ending Fund Balance as of September 30, 2011 ($1,000,000) Estimated Ending Fund Balance as of September 30, 2012 $163,363 16

  14. FY2012 Budget Assumptions • We budgeted an increase of two percent for FY2012 above the FY2011 actual Tuscaloosa County Sales Tax collections. • Both county-wide and district ad valorem taxes will increase at two percent in FY2012 above the FY2011 level. • We will only staff for teachers in schools at the level funded by the Foundation Program.

  15. FY2012 Budget Assumptions • All athletic supplements will be reduced by ten percent • One-half of the grass cutting supplements will no longer be paid by the central office with local funds. • We will continue to provide local schools with a $25.00 operations allocation. These funds are generally used by schools to pay for copy machine rental and janitorial supplies.

  16. FY2012 Budget Assumptions • Art and music allocation to middle and high schools will continue at the 2009 pre-Proration rate • We will use all of the fifteen percent of the county-wide one-cent sales tax for operations • Transportation is not fully funded and the budget includes “flexed” Public School Funds to cover $850,000 of the $1,200,000 shortfall • We can not reduce teacher units below the Foundation Program funded level

  17. FY2012 Budget Assumptions • We are transferring $2,500,000 from the General Fund to the Debt Service Fund to repay a portion of our short-term loan. Since we estimate our loan at September 30, 2011 will be about $6 million, and interest will total about $240,000, our loan balance at September 30, 2012 will be about $3.7 million.

  18. FY2012 Budget Highlights • We restructured debt to free up more than $1,412,807 in FY2012. • Our 10 mill match increased by $1,548,960 limiting the amount available for local revenue in FY2012

  19. FY2012 Budget Highlights • As a benefit of the Board’s membership in AASB, we received $448,121 to date in FY2011 from Medicaid Reimbursement. • We have budgeted to receive $300,000 in FY2012 from Medicaid Reimbursement • This is used to offset the cost of special education services not adequately funded by state or federal sources.

  20. Salaries and Benefits • Total Salaries $79,420,793 PY$81,428,163 • From State Sources $67,881,372 PY$64,835,985 • From Federal Sources $7,793,266 PY$11,980,684 • From Local Sources $ 3,736,155 PY$ 4,611,494 • Total Benefits $30,629,496PY$34,805,407 • District Health Insurance Contribution • $17,055,051 PY$18,645,702 • Total Salaries and Benefits $110,050,289 PY$116,233,570

  21. Special Programs • Pre-Kindergarten $1,264,100 PY$1,170,562 • Special Education $15,555,910 PY$16,910,291 • Federal Funds $ 3,285,309 PY$ 6,904,738 • State Funds $11,715,548 PY$ 9,715,597 • Local Funds$ 555,053 PY$ 289,956 • Career Technical$2,699,222 PY$2,737,052 • School Nurses $1,475,950 PY$1,652,452

  22. Special Allocations • Utilities for Schools • $ 4,793,281 PY$4,580,835 • Operational Allocation • $25.00/student $ 442,000 PY$439,289

  23. Other Facts • Debt Service $14,524,221 PY$4,876,390 • 2001 Leverage Public School Funds • 2004 Lease School Buses • 2005 School District Warrants • 2006 Lease School Buses • 2007 Lease School Buses • 2008 Lease School Buses • 2009 Leverage Public Schools Funds • 2010 School District Warrants • 2011 Leverage Public Schools Funds • 2011 Schools District Warrants

  24. Personnel • Certified Personnel Funded by the State1,165 • Actual Certified Personnel 1,224 • Paid with Federal Funds 49 • Paid with Local Funds9 • Central Office Administrators 4 • Instructional Services 1.2 • Instructional Support Services 1.9 • Pre-K 1.23

  25. FY 09 = $10.3 million FY 10 = $ 8.6 million FY 11 = $ 2.6 million TOTAL = $21.5 million How much state funding have we lost due to proration?

  26. This equates to FY 09 $606.96 per child FY 10 $492.76 per child FY 11 $145.55 per child Total $1,245.27 per child Loss per child

  27. How has proration affected our reserves?

  28. How is our state Foundation Program funding changing?

  29. How is our locally funded 10 mill match changing?

  30. School Facts • Tuscaloosa County School System, where students Learn, Grow, and Achieve.

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