School Finance Update- Series V

1
School Finance Update- Series V Revenues by
Program Intent
2
Revenue Matrix

• 199 - General Operating Fund
• State
• Tier 1
• Tier 2
• Specific Allotments
• Federal
• Local
• Taxes
• Interest
• Other Misc.

Source 2001-2002 Data Projections
3
State funds (TIER 1)

• TIER I -gt Block Grant Funds
• Based on ADA and contact hours
• 11 Basic Educational Services
• 21 - Gifted and Talented Ed
• 22 - Career and Tech Ed
• 23 - Special Ed
• 24 Accelerated Education
• 25 - Bilingual Ed
• Mileage based
• Transportation allotment

4
State funds (TIER 2)

• Based on Local tax effort
• TIER 2 Aid
• Based on ADA
• Technology Allotment
• CH 46 EDA Existing Debt Allotment
• CH 46 -IFA Allotment
• Other programs Pre K Grant

411
511
699
697
415
Accounted for in separate fund
5
Funding Formulas

• Regular Ed
• Basic Allotment is 2,825 ADA 18,778.197
• Career and Technology Ed
• Basic Allotment 2,825 FTE 1.37 (wt)
  915.0
• Gifted and Talented Ed
• Basic Allotment 2,825 ADA.12 (wt) 1034.92
• Bilingual ESL Ed
• Basic Allotment 2,825 ADA.1 (wt) 12,660.0
• State Compensatory Ed
• Basic Allotment is 2,825 ADA 20,422.01

6
Funding Formulas

• Special Ed
• Basic Allotment 2,825 FTE Weight
• Instructional Arrangement and Weights
• Homebound 5.0 3.74
• Hospital Class 3.0 .97
• Speech Therapy 5.0 23.010
• Resource Room 3.0 781.06
• Self ContainedMMR Camp 3.0 29.42
• Self Contained Severe 3.0 143.92

7
Funding Formulas

• Special Ed
• Basic Allotment 2,825 FTE Weight
• Off home Campus 2.7 0.0
• Vocational Adjustment Class 2.3 18.89
• State Schools 2.8 0.0
• Non Public Contracts 1.7 0.0
• Residential Care Treatment 4.0 4.21
• Mainstream ADA 1.1 376.86

8
Regular Ed (Basic Ed. Services)53,048,407

• The costs incurred to provide the basic services
  for education/instruction to students in grades
  PK-12. Basic Educational Services include the
  costs to evaluate, place, and provide educational
  services to students in honors, college
  preparatory and advanced placement courses.

9
Gifted and Talented Ed350,566

• The costs incurred to assess students for program
  placement and provide instructional services
  beyond the basic educational program and that are
  designed to meet the need of students in gifted
  and talented programs. Example, costs incurred
  relating to honors, college preparatory courses.

10
Career and Tech Ed3,513,933

• The costs incurred to evaluate, place, and
  provide educational and/or other services to
  prepare students for gainful employment, advanced
  technical training or for homemaking. This may
  include apprenticeship and job training
  activities.

11
Special Ed.9,837,013

• The costs incurred to evaluate, place and provide
  educational and/or other services to students who
  have Individualized Educational Plans (IEP)
  approved by Admission, Review and Dismissal (ARD)
  committees. These plans are based on students
  disabilities and/or learning needs. Example
  costs associated with the Instructional setting
  of Resource.

12
Accelerated Education (State Comp. Ed)11,307,708

• The costs incurred to use instructional
  strategies in accordance with campus/district
  improvement plans to provide services in addition
  to those allocated for basic services for
  instruction, thereby increasing the amount of
  quality of instructional time for students at
  risk of dropping out of school. Example, costs
  associated with TAAS remediation.

13
Bilingual Ed3,572,257

• The costs incurred to evaluate, place and provide
  educational and/or other services that are
  intended to make the student proficient in the
  English language, primary language literacy,
  composition and academic language related to
  required courses. These courses include the
  bilingual basic program of instruction and
  special assistance to increase cognitive academic
  language proficiencies in English.

14
Summary

• Total Sources for General Fund
• State 106,922,550
• Federal 710,129
• Local 24,398,370
• Total 132,031,049
• Source
• Texas Education Code
• FASRG 7.0
• LISD Division of Finance