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………………………