Part 4: Reviewing and Analyzing Your District’s M & O Fund
Annual AUDIT report consistently shows BISD is operating on solid financial grounds with the one of the strongest fund balances among school operations throughout the state.
Optimum finances
BISD has always submitted a balanced budget
• Given teacher raises each of the last 15 years
• NEVER had to lay off employees to meet budget
• TEA rating consistently rates BISD’s financial operations as ―superior‖ --the highest rating awarded.
• Consistently earns Govt. Financial Officers Certificate of Achievement for Excellence in Financial Reporting
GENERAL FUND Based on Cost per Student Proposed Budget ADA
19,295
Revenues & Other Resources
Local Revenue $107,741,262
State Program Revenue 50,206,277
Federal Revenue 950,000
Other Resources 1261,000
Total Revenues & Other Resources $160,158,539
Expenditures & Other Uses
11-Instruction $90,155,200
12-Instructional Resources & Media Svcs. 22,319,403
13-Curr Devel/Instr Staff Devel 786,222
21-Instructional Leadership 2,858,827
23-School Leadership 11,670,926
31-Guidance, Counseling & Eval Svc 4,773,089
32-Social Work Services 397,395
33-Health Services 2,139,633
34-Student (Pupil) Transportation 7,045,353
35-Food Services 43,518
36-Co-Curricular/Extracurricular Activities 3,985,757
41-General Administration 6,101,130
51-Plant Maintenance and Operation 22,435,049
52-Security and Monitoring Services 2,089,543
53-Data Processing Services 1,637,895
61-Community Services 121,659
-Facilities Acquisition & Construction ------
93-Fiscal Agent/Member District 155,000
95-Pmts to JJAEP 155,500
90-Other Uses 1,285,440
Total Expenditures & Others $160,158,539
BEAUMONT INDEPENDENT SCHOOL DISTRICT
NEEDS ASSESSMENT
District Demographics:*
Number of Students | % African American | %Hispanic | %White | %Asian | %Native | Economically Disadvantage |
19,505 | 12.510 64% | 3.155 16.4% | 3.155 16.2% | 6.15 3.2% | 32 0.2% | 14.198 72.8% |
Instructional Programs:
The largest instructional program is the regular education program. During the 2009-2010 school years, the Gifted and Talented program provided by the district served 8.3% of the students. The district also focuses upon the unique needs of students with handicaps and students with Limited English Proficiency. Approximately 7.9% of the student body was served with Special Education services, and 6.9% of the student body was identified as Limited English Proficient, thereby qualifying for language assistance under the English-as-a-Second Language program. Also, 20.8% of our middle and high school students serve in Career and Technical Education. Current percentages are indicated below.
- Number of Students: 19,505
- Gifted and Talented: 1.62%; 8.3%
- Special Education: 1.536%; 7.9%
- Bilingual/ESL : 1.337; 6.9%
- Title I: 14.198; 72.9%
- Career & Technical Education: 14.198; 72. 9%
For the 2011-2012
The local revenue is $107,741,262, state revenue is 50,206,277, and federal revenue is calculated at 950, 00. As with other districts, our district experienced total revenue cut of 6,247,592. The current taxes are based on certified tax roll with a proposed M & O tax rate $1.04 at 98% collection date. The total operating budget for this school year is $163,987,180.
The 2011-2012 expenditure totals to the amount of $160,158,539. Fifty-six percent of the expenditures are spent on Instructional needs in the amount of $88,005,030. Next in line is Plant Maintenance and Operation funding that totals to the amount of $22,435,049 or 14% of the expenditures.
1.45%, Instructional Resources & Media, $2,354,232; 1.78% Instructional Leadership, 2,869,542; School Leadership takes up 7.2% or total expense of $11,670.926. Overall there were significant decreased in expenditures compared from last year to this year.
As far as our funding elements the Refined ADA is $17,779.10. For regular program ADA this is in reference to ADA Spec. Ed FTE’s in the amount of 16, 844.388. Several program allotments for special education, 304.62; Career & Technology at 630.084, High School ADA is 5,001.194. The Weighted ADA (WADA) for our district is$22,595.016.
The district’s current year under LPE locally certified property values are calculated at $8,841,453,594. This is slightly higher than last year’s property value at $8,788,794,079.
The total cost of current year M & O is 88,706.508 at an adopted tax rate of 1.47.
The M &O Collections @Compressed Rate equals $83,870,297 based on compressed rate x 100x yield per Penny)There are several allotments identified under the Tier I Detail Report that identify nine programs, weight, LPE ADA,LPE allotment, DPE ADA, and the DPE Allotment.
The State Compensatory Education LPE ADA is calculated at 16,309.325, with the LPE Allotment calculated 16,801,867.
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