Muscle Shoals City Schools

BUDGET PRESENTATION 2012

General Fund is a balanced

budget

6 Schools and The Center for

Technology that also serves the county.

Enrollment

2,854 Students

All Principals and Assistant Principals have a Doctoral, EDS

or Masters Degree

Ranked within the

top ten schools in

StateOf

Alabama

Total Revenues

$26,670,624

76% Certified employees hold a Masters or higher

degree2,400 Meals

Per Day

FACTS

Muscle Shoals City SchoolsFirst 20 Days Enrollment Trend

 TYPE 

TOTALEMPLOYEES

Teachers   168.90

Librarians   4.50

Counselors   6.50

Administrators   11.00

Certified Support Personnel 10.20

Non. Cert. Supp. Personnel 89.92

Total     291.02

Bachelor

Master

EDS

Doctor

0 20 40 60 80 100 120 140

48.1

130

15

8

Muscle Shoals City Schools Personnel

FY 2011 - 2012

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 ?

State Revenues

56%

Federal Revenues

5%

Local Revenues

36%

Other Revenues

3%

Where Does School Funding Come From For FY 2012 ?

Where Does the Money GO?

3.5%Utilities

6.5%Materia

ls & Supplie

s

2.0%Books &

Instructional

Materials

69% Salaries & Benefits10% Purchased Services 9% Materials & Supplies 4% Transfers and Other 8% 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 FundsPAYS FOR:

SALARIES & FRINGE BENEFITS CERTIFIED STAFF

TEACHERSPRINCIPALS

ASSISTANT PRINCIPALSCOUNSELORS, LIBRARIANS

CAREER TECH DIRECTORSCLASSROOM INSTRUCTIONAL

SUPPORTSTUDENT MATERIALS

TEXTBOOKSOTHER CURRENT EXPENSES

SALARIES & 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

2012

State Funds

ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED. IF PRORATION IS DECLARED, EARMARKED FUNDS MUST COME FROM LOCAL REVENUE.

Muscle Shoals City Schools Comparison of State Revenues

FY 2005 FY 2006 FY 2007 FY 2008 FY 2009 FY 2010 FY 2011 FY 2012$10,000,000

$12,000,000

$14,000,000

$16,000,000

$10,968,240

$12,181,073

$13,601,123

$15,354,271

$13,490,120

$13,159,400$13,447,692

$14,084,110

Local Revenue

PAYS FOR: 7 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

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

FUNDSTEXTBOOKS, CUSTODIAN SUPPLIES, COPIERS, SUPPLIES

FOR SCHOOLSCOMPUTERS

Local Revenue ComparisonFY 2006-2012

2006 2007 2008 2009 2010 Projected 2011

Projected 2012

$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$521,125$586,395

$632,849 $657,049$705,042

$773,368 $771,368

$969,496

$1,079,112

$1,303,567

$1,091,554$1,044,591 $900,160 $900,160

$352,919$401,504 $429,900 $456,904 $464,436 $464,725 $466,000

$1,529,314

$1,739,850

$1,862,900$1,938,288

$2,012,557 $1,989,614 $2,005,110

$95,263 $95,887 $98,174 $93,076 $94,410 $93,000 $90,000

$1,260,000 $1,260,000 $1,267,500 $1,260,000 $1,260,000 $1,268,000 $1,260,000

$647,242

$776,685$821,627 $857,808 $886,824 $810,000 $800,000

County Advalorem 4 Mill

County 1/2 Cent Sales Tax

District AdValorem 3 Mill

District Speical Ad Valorme 13 Mill

Alcohol Tax

City Council Appropriation

TVA in Lieu of Taxes

Growth Comparison Local TaxFY 2006 – 2012

Muscle Shoals City Schools Property Tax Comparison

Value Of 1 Mill Property Tax Value Of 20 Mills Less Match To State

20 Mill Property Tax $3,096,240

10 Mill Match -$1,548,120

Capital Match     -$146,990

Total Available $1,401,130

Federal FundsBased upon Free and Reduced Children

PAYS FOR:

SPECIAL EDUCATION STAFF AND SERVICES

CAREER TECH EDUCATION

SERVICES FOR CHILDREN OF POVERTY

CHILD NUTRITION

PROFESSIONAL DEVELOPMENT

21ST CENTURYALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED.

CapitalFunds

PAYS FOR:ACQUISITION/CONSTRUCTION OF NEW

SCHOOLSPURCHASE OF LAND/BUILDINGS

BUILDING IMPROVEMENTPURCHASE OF EQUIPMENT/FURNITURENEW SCHOOL BUSES (FLEET RENEWAL)

State

ALL FUNDS ARE EARMARKED AND MUST BE SPENT AS ALLOCATED.

Estimated Beginning Fund BalancePublic School Fund & Local Match $930,763QSCB Bond $545,388

Total Estimated Beginning Fund Balance $1,476,151

RevenuesPublic School Fund $686,842Fleet Renewal $11,506Bond Fund For Buses (2011) $18,588Local Match Public School $146,990

Total Revenues $863,926

ExpendituresBuses -$30,094Debt Payment -$117,347New Center for Technology -$2,192,636

Total Expenditures -$2,340,077

Balance $0

Capital Funds

2012 BUDGET

Revenues General FundSpecial

Revenue

Capital Projects

FundEnterprise/

Internal/Trust Fund All FundsEarmarked/

Discretionary

State Revenue $14,084,110 $716,936 $14,801,046 100% Earmarked

Federal Revenue $1,314,584 $1,314,584 100% Earmarked

Local Revenue $6,859,288 $977,900 $146,990 $7,984,178* 33% Earmarked67% Discretionary

Local: Local School Sites $873,529 $847,237 $1,720,766 100% Earmarked

Other Sources $55,000 $60,850 $115,85099.5% Earmarked.5% Discretionary

Indirect Cost/Transfers $147,266 $586,596 $338 $734,200

** 80% Earmarked 20% Discretionary

Total Revenue $21,145,664 $3,813,459 $863,926 $847,575 $26,670,624

REVENUE

* Earmarked10 Mill Match $1,548,120Capital $ 146,990Local CNP $ 977,900

$ 2,673,010

**CNP Match $468,029 Local Schools $118,905

80% Earmarked $21,211,690 20% Discretionary $ 5,458,934

$26,670,624

Local Revenue

PAYS FOR: 7 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

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

FUNDSTEXTBOOKS, CUSTODIAN SUPPLIES, COPIERS, SUPPLIES

FOR SCHOOLSCOMPUTERS

2012 BUDGET

Expenditures General Fund Special RevenueCapital

Projects Fund

Enterprise/Internal/Trust

Fund All Funds

Salaries-Certified $10,845,760 $243,494 $11,089,254

Salaries-Support Staff $2,144,818 $852,830 $2,997,648

Substitutes $220,195 $29,500 $249,695

Employee Benefits $4,316,674 $615,734 $4,932,408

Purchased Services, Utilities, Rentals $2,218,797 $363,538 $315,151 $2,897,486

Materials & Supplies $798,074 $1,384,593 $460,333 $2,643,000

Capital Outlay $15,000 $88,890 $2,222,730 $2,326,620

Other Expenditures $19,150 $114,602 $41,185 $174,937

Debt Expenditure $117,347 $117,347

Indirect Cost $103,166 $103,166

Transfer Out $567,196 $44,100 $63,938 $675,234

Total Expenditures$21,145,664 $3,840,447 $2,340,077 $880,607 $28,206,795

EXPENDITURES

$3,051,021

Budget Highlights The budget is based on an average daily membership of 2815.75 students. State units earned is 179.50 units or a increase of .26 units. Other current expense revenues increased from $15,062/per unit earned to

$15,284/per unit earned. 3.61 growth factor was added to the budget in FY 2012. State Fiscal Stabilization Funds and Job Funds are not available for FY

2012. This will result in a loss of revenue of $1,214,053. Classroom instructional supplies are funded at $134.78 per teacher,

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

Textbooks funded at$15.88 per student. Salaries -1% per Act 97-238 and current units are not funded this year. Retirement (10% 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 increased $25,110 to

$1,548,120 and local funds for Capital Improvement increased $3,318. A 1% bonus for all employees in December - this will help offset the 2.5%

increase in retirement benefits.

The light that shines today can illuminate us and the lives of future generations.

Let your light shine………………………