2019-2020 - conroe isd€¦ · 2019-2020 teacher hiring schedule conroe isd approved 2019-20...
TRANSCRIPT
Proposed Budget Presentation
August 06, 2019Public Hearing
2019-2020
FINANCIAL HIGHLIGHTS 2017 - 2018
FINANCIAL HIGHLIGHTS2018 - 2019
I. Unassigned General Fund Balance equals 28% of the Budget @ 8/31/18
II. Budget & CAFR Awards from ASBO (Over 25 Years) - CAFR Awards from GFOA (20 Years)
III. Financial Integrity Rating System of Texas (FIRST) – Superior Rating for year ended August 31, 2018
IV. Clean Audit from Weaver
V. Transparency Stars – Traditional Finances , Debt Obligations, and Contracts & Procurement.
VI. Lowest Tax Rate ($1.28) compared to our Area Peer Group
VII. Education Resource Group ranked CISD as the 2nd highest rated district out of the 200 largest districts in the state, Based on Academic and Financial Performance.
VIII. 5 - Star rating by the 2018 Texas Smart Schools. One of only 2 ISD’s to receive a 5-Star rating all 10 years.
FAST
ConroeCypress-Fairbanks
Five Star Recipients
Ten Consecutive Years
Financial Allocation Study of Texas
TXSmartSchools
2017-2018 ERG Ranking
1-1 DistrictsHurst-Euless-BedfordConroeBirdvilleCy-FairLancasterSocorroLaredoRichardson
Comparison To State Averages By Function
2018-2019 2018-2019
General Fund Expenditures By Function Conroe ISD Budget % State Average Budget %
Instruction (11,95) 63.75% 57.69%
Instructional-Related Services (12,13) 2.11% 2.86%
Instructional Leadership (21) 0.95% 1.54%
School Leadership (23) 6.27% 6.49%
Student Support Services (31,32,33) 4.52% 4.91%
Student Transportation (34) 5.19% 3.42%
Food Service (35) 0.00% 0.83%
Co-Curricular/Extracurricular Activities (36) 2.43% 3.00%
Central Administration (41,92) 1.79% 4.86%
Plant Maintenance & Operations (51) 10.02% 11.03%
Security & Monitoring Services (52) 1.46% 1.17%
Data Processing Services (53) 1.51% 2.20%
Total 100.00% 100.00%
Budget Expenditures Per Student $7,965 $8,881
Source: 2018-2019 Budgeted Financial Data (http://www.tea.state.tx.us)
Legislative Update
86th Legislative Session THE TEXAS PLAN HB 3
$5.0 Billion in Property Tax Relief
$4.5 Billion for Education Reform
$2.0 Billion for Teacher Pay
$3.5 Billion for Recapture Reduction
Legislative Update
HB3 Highlights
• Increases the basic allotment from $5,140 to $6,160 • Requires districts to provide full-day pre-K to eligible 4-year-old students • Provides funding for increased teacher compensation• Creates an index for a compensatory education funding based on census block groups• Extends the Career and Technical Education (CTE) program to 7th grade• Replaces the transportation linear density calculation with a per-mile allotment ($1.00 per mile)• Moves to the use of current-year property values for determining FSP entitlement. Cost of Education Index is repealed.• Increases golden pennies from 6 pennies to 8 pennies. Remaining pennies are copper.• Provides uniform tax relief for the biennium, $0.07 compression on Tier 1 M & O tax rate ($0.97)• Prohibits school districts from increasing M&O rates to create a surplus to pay down debt.
New Allotments Repealed Allotments
• Dual Language Allotment • Dyslexia Allotment• Dropout Recovery Allotment• Fast-Growth District Allotment• Early Education Allotment
• Safety & Security Allotment• College, Career & Military
Readiness Allotment
• Gifted & Talented Allotment• High School Allotment• Staff Allotment
General Fund Balance
1. $14 M used to build Bonnie Wilkinson Elementary2. $16 M used for Construction projects and Safety & Technology needs3. $12 M used to cover life cycle and safety needs & the health fund 4. $24.5M used for ORHS 9th grade, life cycle & the health fund5. $7.3 M used for TWHS girls locker room addition & the health fund 6. $35.5 M used for construction projects & the health fund7. $8.2 M used for Irons Junior High classroom addition & football stadium scoreboards8. $10 M used for establishing the capital maintenance fund, $8.5 for land purchases, $1.5 M for buses
$30,000,000
$45,000,000
$60,000,000
$75,000,000
$90,000,000
$105,000,000
$120,000,000
$135,000,000
$150,000,000
$165,000,000
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Proj
General Fund Balance
1 2
34
5
6 78
2019-2020 Budget Objectives
1. Meet the needs for the 2019-2020 school year.(Opening Suchma Elementary, 11th grade at GOHS)
2. Provide a competitive compensation plan.
3. High priority on Safety and Security at our campuses.(Hiring Additional Prevention Control Officers at the High Schools)
4. Protect the District’s operational infrastructure by establishing a district wide maintenance fund.
Last Nine Fiscal Years, Current Year, & One Year Projection
AverageEnrollment
GrowthPer Year
1,472
Average ADA
Growth Per Year
1,4222.8%
Attendance Data
* State revenue estimates and campus expenditure budget allocations rely on enrollment data
Year Total
Ended Actual Yearly ADA Total Yearly Percent Percent of
31-Aug Enrollment Change Amount Change (Decrease) Enrollment
2010 49,629 1,633 46,275 1,360 3.0% 93.24%
2011 51,170 1,541 47,888 1,613 3.5% 93.59%
2012 52,664 1,494 49,498 1,610 3.4% 93.99%
2013 53,934 1,270 50,465 967 2.0% 93.57%
2014 55,009 1,075 51,830 1,365 2.7% 94.22%
2015 56,363 1,354 53,165 1,335 2.6% 94.33%
2016 58,239 1,876 55,147 1,982 3.7% 94.69%
2017 59,764 1,525 56,653 1,506 2.7% 94.79%
2018 61,580 1,816 58,001 1,348 2.4% 94.19%
2019 62,837 1,257 59,352 1,351 2.3% 94.45%
*2020 64,187 1,350 60,552 1,200 2.0% 94.34%
1,472 1,422 2.8% 94.13%
Enrollment Average Daily Attendance
Ten Year Average
Enrollment Trend
45,000
50,000
55,000
60,000
65,000
10/11 11/12 12/13 13/14 14/15 15/16 16/17 17/18 18/19 19/20 est
Last 10 yr Average Increase
6.7%
Certified Property Values
Tax Certified
Year Value $ %
2019 38,080,786,406$ 2,343,243,090$ 6.56%
2018 35,737,543,316$ 1,937,650,491$ 5.73%
2017 33,799,892,825$ 1,376,594,502$ 4.25%
2016 32,423,298,323$ 2,582,889,266$ 8.66%
2015 29,840,409,057$ 2,911,859,001$ 10.81%
2014 26,928,550,056$ 3,019,678,901$ 12.63%
2013 23,908,871,155$ 1,831,798,239$ 8.30%
2012 22,077,072,916$ 1,086,730,457$ 5.18%
2011 20,990,342,459$ 717,354,839$ 3.54%
2010 20,272,987,620$ 558,807,212$ 2.83%
Change in Certified Value
2019-2020 Proposed Tax Rate
2017-2018 Adopted
Rate
Disaster Pennies
2018-2019 Adopted
Rate
RevertDisasterPennies
(Old Law)
2019-2020 Reverted
Rate (Old Law)
HB3Impact
2019-2020 Proposed
Rate
Maintenance & Operations
$1.04 $0.02 $1.06 ($0.02) $1.04 ($0.07) $0.970
Debt Service 0.24 (0.02) 0.22 0.02 0.24 0.025 0.265
Total $1.28-
$1.28 - $1.28 ($0.045) $1.235
$1.5
684
$1.4
884
$1.4
716
$1.4
484
$1.4
432
$1.4
351
$1.4
300
$1.4
183
$1.3
853
$1.3
750
$1.3
700
$1.3
700
$1.3
600
$1.3
471
$1.3
210
$1.3
095
$1.3
075
$1.2
900
$1.2
700
$1.2
700
$1.2
442
$1.2
360
$1.2
350
$1.1
367
$0.80
$0.90
$1.00
$1.10
$1.20
$1.30
$1.40
$1.50
$1.60
Proposed 2019-2020Greater Houston Area Tax Rate Comparison
-TBD-
2019 – 2020 Combined Tax
Rate ComparisonWith Area
School Districts
Proposed 2019-2020Tax Rate Comparison
$1.10
$1.15
$1.20
$1.25
$1.30
$1.35
$1.40
$1.45
Katy Spring Humble Cy-Fair Klein Fort Bend Conroe
District Total Rate General Debt Service
Katy 1.4432$ 1.0532$ 0.3900$
Spring 1.4300$ 0.9700$ 0.4600$
Humble 1.4183$ 1.0683$ 0.3500$
Cy-Fair 1.3700$ 0.9700$ 0.4000$
Klein 1.3600$ 0.9700$ 0.3900$
Fort Bend 1.2700$ 0.9900$ 0.2800$
Conroe 1.2350$ 0.9700$ 0.2650$
Fiscal Year 2019-2020
Tax Rate History
$1.040 $1.040 $1.040 $1.040 $1.060 $0.970
$0.240 $0.240 $0.240 $0.240 $0.220 $0.265
$0.00
$0.10
$0.20
$0.30
$0.40
$0.50
$0.60
$0.70
$0.80
$0.90
$1.00
$1.10
$1.20
$1.30
$1.40
$1.50
$1.60
$1.70
$1.80
2014-15 2015-16 2016-17 2017-18 2018-19 Hurricane Harvey 2019-20 Proposed
Maintenance & Operations Debt Service
$1.4770 $1.4710 $1.4750 $1.4833 $1.4561 $1.3819
Avg Peer Tax Rate
2019-2020 Funding Estimate
Estimate Certified
Tax Revenue: 5.5% AV Growth 6.56% AV Growth
Tax Revenue Decrease & $.09 tax rate Decrease HB 3 (7.76)$ M (4.10)$ M
Tax Revenue Increase (Tax Rate buy down) $.025 10.00 M 10.00 M
Tax Revenue Increase 2.24$ M 5.90$ M
State Revenue (1,350 Student Growth & HB 3) 45.11 M 41.45 M
Investment Income 1.00 M 1.00 M
TRS In-Kind Funds 5.00 M 5.00 M
Total Estimated Available Funding 53.35$ M 53.35$ M
2019-2020 Salary Increase
Pay GroupGeneral Pay
IncreaseAdjustments
Estimated Total
Increase
Teachers, Librarians, Nurses , and Counselors, 3.5% $ 8,063,029 $ 1,509,231 $ 9,572,260
AE (1-3) 3.5%, AE (4-10) 3.0% 1,645,289 102,979 1,748,268
Administrative Business 3.0% 233,832 32,120 265,952
Administrative Support 3.5% 459,696 58,624 518,320
Instructional Support 3.5% 427,219 26,291 453,510
Auxiliary 3.5% 1,212,702 145,744 1,358,446
Police 3.5% 129,925 - 129,925
Total $ 12,171,692 $ 1,874,989 $ 14,046,681
Approved 2019-2020
Teacher Hiring Schedule
Conroe ISDApproved 2019-20 Teacher Hiring Schedule
Teachers, Librarians, and Nurses (RN)
$55,500 starting, 3.5% GPI2018‐2019
Years of
Exp
2018‐2019
New Hire
Salary
3.5%
General
Pay Inc Additional
+ Adjustment =
2019‐2020
Years of
Exp
2019‐2020
Proposed New
Hire Salary
0 → $55,500
0 → $53,700 + $2,000 + = 1 $55,700
1 $53,950 + $2,000 + = 2 $55,950
2 $54,150 + $2,000 + = 3 $56,150
3 $54,350 + $2,000 + = 4 $56,350
4 $54,550 + $2,000 + = 5 $56,550
5 $54,990 + $2,000 + $500 = 6 $57,490
6 $55,370 + $2,000 + $500 = 7 $57,870
7 $55,745 + $2,000 + $500 = 8 $58,245
8 $55,970 + $2,000 + $500 = 9 $58,470
9 $56,270 + $2,000 + $500 = 10 $58,770
10 $56,570 + $2,000 + $500 = 11 $59,070
11 $56,970 + $2,000 + $500 = 12 $59,470
12 $57,470 + $2,000 + $500 = 13 $59,970
13 $57,970 + $2,000 + $500 = 14 $60,470
14 $58,470 + $2,000 + $500 = 15 $60,970
15 $58,970 + $2,000 + $500 = 16 $61,470
16 $59,470 + $2,000 + $500 = 17 $61,970
17 $59,970 + $2,000 + $500 = 18 $62,470
18 $60,470 + $2,000 + $500 = 19 $62,970
19 $60,970 + $2,000 + $500 = 20 $63,470
20 $61,470 + $2,000 + $500 = 21 $63,970
21 $61,970 + $2,000 + $500 = 22 $64,470
22 $62,570 + $2,000 + $500 = 23 $65,070
23 $63,070 + $2,000 + $500 = 24 $65,570
24 $63,570 + $2,000 + $500 = 25+ $66,070
25+ $64,070
Pay Increase Comparison
DistrictTeachers 1-5 Years
ExperienceTeachers 6+ Years
ExperienceAll Other
EmployeesRetention Stipend
Fort Bend ISD $3,000 $3,500 5.00%
Humble ISD $2,600 $3,200 4.00% Y
Willis ISD $2,580 $2,830 3.00%
Aldine ISD 7.00% 8.00% 4.50% Y
Klein ISD 5.25% 5.50% 4.00% Y
New Caney ISD 5.00% 5.50% 4.00% Y
Spring ISD 4.30% 5.50% 2.00%
Katy ISD 4.00% 4.00% 4.00% Y
Magnolia ISD 4.00% 4.50% 4.00% Y
Conroe ISD 3.50% 3.5% (+ $500) 3.00% TBD
Cy Fair ISD 3.00% 3.50% 3.00% Y
Tomball ISD 3.00% 3.50% 3.00%
Montgomery ISD 2.00% 2.25% 2.00%
Personnel - Growth
CAMPUS POSITIONS Elementary Intermediate Junior High High School Grand Total Total Cost
Teachers 36.00 14.00 14.00 33.00 97.00 6,305,000$
Contingency Teaching Positions 10.00 0.00 0.00 0.00 10.00 650,000
Other Professionals 3.00 0.00 1.00 5.00 9.00 620,000
Para-Professionals 0.00 8.00 2.00 17.00 27.00 546,000
Administrators 3.00 4.00 0.00 3.00 10.00 865,000
Total 52.00 26.00 17.00 58.00 153.00 8,986,000$
SUPPORT POSITIONS Operations Administration Grand Total Total Cost
Professional 0.00 13.40 13.40 915,000$
Para-Professional 2.00 1.00 3.00 90,000
Auxiliary 40.00 0.00 40.00 989,500
Total 42.00 14.40 56.40 1,994,500$
Total FTE Change 209.40
Total Payroll Additions $10,980,500
Projected Expenditure Budget Increase for 2019-2020
Additional Personnel for Growth 10.98$ M
Salary Increase (3.0%-3.5%) 14.05 M
Potential Employee Retention Stipend 5.00 M
Pre-K, CTE, Bilingual, Dyslexia, Comp Ed, School Safety 7.29 M
Other Expenses (Utilities, Insurance, Fuel, & Supplies) 1.81 M
TRS In-Kind Funds 5.00 M
Total Operating Expenditures 44.13$ M
Transfer (Capital Maintenance Fund) 10.00$ M
Total Expenditures 54.13$ M
2019-2020 Projected Budget
Revenue
18-19 Revenue Budget 502.27$ M
19-20 Projected State Revenue: 1,350 Student Growth, HB 3 41.45 M
19-20 Projected Local Revenue Increase (6.56% AV Growth) 5.90 M
19-20 Interest Revenue 1.00 M
19-20 TRS In-Kind 5.00 M
Projected 19-20 Revenue Budget 555.62$ M
Expenditure
18-19 Expenditure Budget 495.45$ M
Salary Increase 19.05 M
Additional Personnel 10.98 M
Pre-K,CTE, Bilingual Dyslexia, Comp Ed, School Safety 7.29 M
Other Expenses 1.81 M
TRS In-Kind 5.00 M
Capital Maintenance Fund 10.00 M
Projected 19-20 Expenditure Budget 549.58$ M
Estimated Budget Surplus 6.04$ M
Proposal for Budget Surplus
• Save the Surplus in the General Fund Balance to support the 2020-2021 budget. (opening Stockton Jr. High)
• Utilize the surplus to support capital maintenance fund, reduce bond debt requirements, and cover any unforeseen expenditures.
2019-2020Proposed Budget Summary
2019-2020 Proposed Budget$549,580,294
Payroll,$481.5 M
87.6%Contracted Services
$27.4 M5.0%
Supplies & Materials$23.1 M
4.2%
Equipment & Other $7.6 M 1.4%
Capital Maintenance Fund$10 M1.8%
Payroll
Contracted Services
Supplies & Materials
Equipment & Other
Capital Maintenance Fund
Fund Balance Analysis
Objective: Maintain an Unassigned Fund Balance of 25% of the Annual Budget (approx. 3 mos. of expenses)
Estimated Unassigned Fund Balance @ 8-31-19 = $ 134.1 M 24.4% of budget($3.2 M under our 25% Target) ($24.2 M over our 20% Target)
2019-2020 Preliminary Budget $ 549.6 M
20% of Budget $ 109.9 M
25% of Budget $ 137.4 M
Pro-Forma 2020-2021 Budget
Beginning Revenue 555.62$ M
Estimated Revenue Change
Local Revenue Limited 2.5% AV growth 13.00$
State Funding 1,350 growth (3.60)
Total Revenue Increase 9.40
Estimated Total Revenue 565.02$ M
Beginning Expenditures 549.58$ M
Estimated Expenditure Increase
Salary Increase 2.5% Across the Board 10.50$
Additional Personnel for Growth 1350 new students 10.00
Other Expenses (Utilities, Fuel, Insurance Supplies) 1.50
Total Estimated Expenditure Increase 22.00
Estimated Total Expenditures 571.58$ M
Potential deficit (6.56)$ M
What’s Next
• Board Meeting, Public Hearings and Budget Approval
- August 20, 2019
Additional Information
Top Ten 2017-2018Expenditures
2017-2018
Total Y-T-D Percentage
Account Expenditures of Total
1 Payroll (Salaries & Benefits) 425,720,089$ 88.91%
2 Utilities 13,071,237 2.73%
3 General Supplies 7,293,806 1.52%
4 Tax Appraisal and Collections 3,914,835 0.82%
5 Building and Grounds Repairs 3,072,973 0.64%
6 Computer and AV Supplies 2,557,195 0.53%
7 Travel - Student Only 2,355,633 0.49%
8 Building and Grounds Supplies 2,223,000 0.46%
9 Misc Contracted Services 2,031,890 0.42%
10 Fuel 1,944,273 0.41%
Top Ten Total Actual Expenditures 464,184,931 96.95%
Total of All Expenditures 478,799,674 100.00%
One Year Lag
Assumes no change in enrollment or AV for the year 2017-2018
Budget Assessed Local Tax State Total
Year Value Revenue Revenue Revenue
2015 – 2016 $ 29.8 B $ 298.6 M
2016 – 2017 $ 32.4 B $ 325.5 M $ 127.8 M $ 453.3 M
2017 – 2018 $ 32.4 B $ 325.5 M $ 100.9 M $ 426.4 M
State Benefit from 2016 Inc in Local AV $ 26.9 M
NOTE: Amount of State funding is computed using prior year AV.
One Cent Tax Increase on a $300,000 Home
Assessed Value $300,000
Homestead Exemption (25,000)
Taxable Value $275,000
Per $100 value 2,750$
One Cent 0.01
Total Tax Liability 27.50$
Average Market Value of CISD Residences 2019 $303,826
Reference Documents
CISD Finance Manual
http://www.conroeisd.net/department/financial-services-internal-employees-only/
2017-2018 Detailed Budget by Organization and Function
https://www.conroeisd.net/wp-content/uploads/2018/03/Detailed-Budget-2017-2018-by-Org-and-Func-General-Fund.xlsx
2018-2019 Official Budget Book
http://www.conroeisd.net/wp-content/uploads/2018/11/Conroe-ISD-Budget-Book-2018-2019-1.pdf
2017-2018 Comprehensive Annual Financial Report(CAFR)
http://www.conroeisd.net/wp-content/uploads/2019/01/CAFR-17-18-Website.pdf