proposed budget and tax hearing
DESCRIPTION
Proposed Budget and Tax Hearing. Wichita Falls ISD August 16, 2010. Historical Student Enrollment. Assessed and Estimated Value of Taxable Property. Taxable Roll by Category. Area Schools Proposed Tax Rates. Combined Tax Rate Burden. WFISD Historical Tax Rates. - PowerPoint PPT PresentationTRANSCRIPT
Proposed Budget and Tax Hearing
Wichita Falls ISDAugust 16, 2010
Historical Student Enrollment
14,000
14,200
14,400
14,600
14,800
15,000
15,200
15,400
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
Assessed and Estimated Value of Taxable Property
$0
$500,000,000
$1,000,000,000
$1,500,000,000
$2,000,000,000
$2,500,000,000
$3,000,000,000
$3,500,000,000
$4,000,000,000
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
Taxable Roll by Category
35.3%
0.1%64.6%
Single Family Residence
Minerals
Commercial/Industrial
Area Schools Proposed Tax Rates
1.170 1.1701.040 1.040 1.040 1.040
0.2500.140
0.160 0.140 0.100 0.075
$0.00
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
City V
iew -
1.42
Burkb
urnet
t - 1
.31
Wic
hita F
alls
- 1.
20
Hollid
ay -
1.18
Iow
a Par
k 1.
14
Elect
ra -
1.1
15
DebtServiceTax Rate
General(M&O)Tax Rate
Combined Tax Rate Burden
Government 2010-11 Rate 2009-10 Rate
City .625260 .605260
County .518242 .480799
School 1.20000 1.200000
Total 2.343502 2.286059
Increase 0.057443 2.51%
WFISD Historical Tax Rates
$0.00
$0.20
$0.40
$0.60
$0.80
$1.00
$1.20
$1.40
$1.60
$1.80
$2.00
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
DebtServiceTax Rate
General(M&O)Tax Rate
General and Special Revenues
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
$100,000,000
$110,000,000
$120,000,000
$130,000,000
$140,000,000
$150,000,000Local State Federal
Discretionary versus Dedicated Funding
$0
$10,000,000
$20,000,000
$30,000,000
$40,000,000
$50,000,000
$60,000,000
$70,000,000
$80,000,000
$90,000,000
$100,000,000
$110,000,000
$120,000,000
$130,000,000
$140,000,000
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
Regular Ed GF Spec Pop
Grants Debt Service
ARRA Stimulus Funds
State Fiscal Stabilization - $6,734,307*Reclassified from the General Fund
Title 1 Part A Stimulus - $1,280,000IDEA B Formula Stimulus - $1,435,000Other Stimulus Funds - $115,135
General Fund Budget Summary
0
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
Other
Administration
Operations
Support
Instruction
General Fund Expenditures per Student
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
Non-Payroll
Payroll
General Fund Expenditures by Object
Payroll Costs79%
Purchased and Contracted Services
14%
Capital Outlay0%
Other Operating2%Supplies and Materials
5%
Debt Service0%
Employee Increases for 2010-2011
Category Positions Employees Increase
Teachers 1,213 1,196 $708,758
Auxiliary 679 604 $119,985
Salaried 185 185 $99,713
Total 2077 1985 $928,456
Debt Service Fund Revenue by Source
Local82%
State18%
Debt Service FundFuture Bond Payments
$0
$3,000,000
$6,000,000
$9,000,000
10-11 11-12 12-13 13-14 14-15 15-16 16-17 17-18
I & SM & O
General Fund
0.00
0.20
0.40
0.60
0.80
1.00
1.20
1.40
1.60
20
01
-02
20
02
-03
20
03
-04
20
04
-05
20
05
-06
20
06
-07
20
07
-08
20
08
-09
20
09
-10
20
10
-11
0
2,000,000
4,000,000
6,000,000
8,000,000
10,000,000
12,000,000
14,000,000
16,000,000
Tax Rate Fund Balance