Muscle Shoals City SchoolsBudget Presentation 2013

General Fund is a balanced

budget

6 Schools and The Center for

Technology

Exceeds the State

requirements in every content subject in every

grade

All Principals and Assistant Principals have a Doctoral or

EDS Degree

Ranked 5th in the State

Grades 5 6,7, and 8 in Math

Total Revenues

$28,016,735

71% Certified employees hold a Masters or higher

Degree

Muscle Shoals graduation rate

92% State

graduation rate 76%

FACTS

Bachelor

Master

EDS

Doctor

0 20 40 60 80 100 120 140

59.5

128.25

14

7

 TYPE 

TOTALEMPLOYEES

Teachers   177.01

Librarians   4.50

Counselors   6.50

Administrators   11.00

Certified Support Personnel 9.74

Non. Cert. Supp. Personnel 92.17

Total     300.92

Muscle Shoals City Schools Personnel

FY 2012 - 2013

State revenue - Funding received from the Education Trust Fund and other state appropriations  Local revenue - All local tax revenue, grants from local agencies, earnings on investments, and charges for services Federal revenue - Revenues originating from federal government agencies such as Individuals with Disabilities Education Act, No Child Left Behind, Child Nutrition Program Other revenue - Various revenues including local school (admissions, concessions, fund raisers, etc.), Medicaid, tuition, indirect cost, transfer in from local schools or child nutrition.

Where Does School Funding Come From ?

Where Does the Money GO?66% Salaries & Benefits 9% Purchased Services 11% Materials & Supplies 4% Transfers and Other 10% Capital Outlay and Equipment

Educating children is a labor-intensive process. For that reason, the largest share of any school system’s budget goes to pay for employees’ wages & benefits.

State Funds Pays For:SALARIES & FRINGE

BENEFITS CERTIFIED STAFF

TEACHERSPRINCIPALS

ASSISTANT PRINCIPALSCOUNSELORS, LIBRARIANS

CAREER TECH DIRECTORSCLASSROOM INSTRUCTIONAL SUPPORT

STUDENT MATERIALSTEXTBOOKS

OTHER CURRENT EXPENSESSALARIES & FRINGE BENEFITS FOR SUPPORT

PERSONNELSTATE REQUIRED SUPPLEMENTS TO THE CHILD

NUTRITION PROGRAMOPERATING EXPENSES

Other State Funds• SCHOOL NURSES• HIGH HOPES• TECHNOLOGY COODINATOR• TRANSPORTATION

OPERATIONS• AT RISK• PRESCHOOL PROGRAM• ALABAMA READING INITIATIVE

• CHILDREN’S FIRST• NATIONAL BOARD• GIFTED EDUCATION• ENGLISH LEARNERS

2013

Muscle Shoals City Schools Comparison of State Revenues

$1,047,274

Local Revenue

PAYS FOR:12.08 ADDITIONAL TEACHERS

ADDITIONAL ASSISTANT PRINCIPALSSTATE AND FEDERAL MANDATES, PRORATION

ART, BAND, CHORUS, ADVANCED COURSES, GIFTED PROGRAM LOCAL SCHOOL & CENTRAL OFFICE SUPPORT PERSONNELLIBRARY AIDES AND ADDITIONAL AIDES FOR CLASSROOM

UTILITIES AND GENERAL MAINTENANCE OF OUR BUILDINGS10 MILL MATCH FOR STATE FUNDS AND MATCH FOR CAPITAL FUNDS,

TEXTBOOKS, CUSTODIAN SUPPLIES, COPIERS, SUPPLIES FOR SCHOOLS, COMPUTERS

Local Revenue ComparisonFY 2006-2013

Growth Comparison Local TaxFY 2006 – 2013

$395,192

Muscle Shoals City Schools Comparison of State Revenues

$1,047,274

Growth Comparison Local TaxFY 2006 – 2013

$395,192

Value Of 1 Mill Property Tax

Muscle Shoals City Schools Property Tax Comparison

Value Of 20 Mills Less Match To State

20 Mill Property Tax $3,478,934

10 Mill Match -$1,567,390

Capital Match     -$163,999

Total Available $1,747,545

Federal FundsBased upon Free and Reduced Children 30.99%

PAYS FOR:SPECIAL EDUCATION AIDES AND SERVICES $567,208IDEA-PRESCHOOL $7,579TITLE I AND TITLE II $356,116CAREER TECH EDUCATION $26,270CHILD NUTRITION $465,72521ST CENTURY $120,000

ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED

$1,542,898

State CapitalFunds

PAYS FOR:ACQUISITION/CONSTRUCTION OF NEW

SCHOOLSPURCHASE OF LAND/BUILDINGS

BUILDING IMPROVEMENTPURCHASE OF EQUIPMENT/FURNITURENEW SCHOOL BUSES (FLEET RENEWAL)ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS

ALLOCATED

Capital FundsCapital Funds (Center for Technology)

Fund Source 2120Estimate Beginning Fund Balance $1,783,841

RevenuesPublic School Fund $724,577Local Match Public School $163,999

Total Revenues $888,576

Total Beginning Fund Balance And Revenues $2,672,418

ExpendituresNew Center for Technology $2,555,070Debt Service $117,348

Total Expenditures $2,672,418

Balance $0               

Capital Funds (Bus)

Estimate Beginning Fund Balance $44,442

Bond Issue Act 2010-720 $18,588Fleet Renewal Act 2013 $27,928

Total Revenues $46,516

Total Beginning Fund Balance And Revenues $90,958

ExpendituresBus $90,958

Total Expenditures $90,958

Balance $0

Revenues General FundSpecial

Revenue

Capital Projects

Fund

Enterprise/Internal/Trust

Fund All FundsEarmarked/

Discretionary

State Revenue $14,306,997 $771,093 $15,078,090 100% Earmarked

Federal Revenue $890 $1,542,898 $1,543,788 100% Earmarked

Local Revenue $7,230,794 $880,017 $163,999 $8,274,810* 33% Earmarked67% Discretionary

Local: School Sites $1,166,417 $930,750 $2,097,167 100% Earmarked

Other Sources $62,000 $62,800 $124,80099.8% Earmarked.2% Discretionary

Indirect Cost/Transfers $230,432 $657,310 $10,338 $898,080

** 89% Earmarked 11% Discretionary

Total Revenue $21,831,113 $4,309,442 $935,092 $941,088 $28,016,735

2013 BUDGET REVENUES

* Earmarked10 Mill Match $1,567,390Capital $ 163,999Local CNP $ 818,700

Extended Day $ 177,000$2,727,089

80% Earmarked $22,372,343 20% Discretionary $5,644,392

$28,016,735

** CNP Transfer $541,627 Local School Transfer $261,782

Expenditures General Fund Special RevenueCapital

Projects Fund

Enterprise/Internal/Trust

Fund All Funds

Salaries-Certified $10,901,275 $207,042 $11,108,317

Salaries-Support Staff $2,185,547 $969,976 $3,155,523

Substitutes $230,200 $34,411 $264,611

Employee Benefits $4,450,790 $624,339 $5,075,129

Purchased Services, Utilities, Rentals $2,084,237 $453,697 $312,531 $2,850,465

Materials & Supplies $1,159,700 $1,620,385 $469,171 $3,249,256

Capital Outlay $165,000 $65,000 $2,646,027 $2,876,027

Other Expenditures $19,150 $122,680 $55,035 $196,865

Debt Expenditure $117,347 $117,347

Indirect Cost $106,819 $106,819

Transfer Out $635,214 $74,511 $81,537 $791,262

Total Expenditures$21,831,113 $4,278,860 $2,763,374 $918,274 $29,791,621

2013 BUDGET EXPENDITURES

Budget Highlights The budget is based on an average daily membership of

2858.85 students. State units earned is 186.07 units or a increase of 3.57 units. Other current expense revenues decreased from $15,284/per

unit earned to $14,958/per unit earned. Classroom instructional supplies are funded at $300 per

teacher. Technology, library enhancement, common purchase and professional support are again zero in the state budget.

Textbooks funded at $31.35 per student. Salaries -1% per Act 97-238 and current units are not funded

this year. Retirement (10.08% per dollar) and insurance ($8,568 per

year). These allocations are appropriated each year in the education budget.

Local Funds held by the 10 mills Foundation Program and local funds for Capital Improvement increased to $1,731,389.

A 1.5% bonus for all employees in December - this will help offset the 2.5% increase in retirement benefits.

This is our story