By the Numbers: First Six Weeks, Part 2

by Coy Holcombe.  

First, congratulations to the volleyball team on a great win against Van last night. The win puts the Bulldogs alone at the top of the district race.

Yesterday we looked at the attendance numbers from the first six weeks and compared them with the numbers used in the budget. Today, we will look at the state aid that those numbers are generating and compare that with the numbers in our budget.

Budget vs. Earned – End of the 1st Six Weeks

Earned

Budget

Difference

Regular Block Grant

$4,703,756

$4,766,154

-$62,398

Special Education

$812,613

$941,197

-$128,584

CATE

$400,405

$288,406

$111,999

GT

$30,887

$30,992

-$105

Compensatory

$689,842

$667,805

$22,037

Bilingual

$3,977

$5,432

-$1,455

Transportation

$139,000

$139,000

$0

Total Tier I

$6,780,480

$6,838,986

$-58,506

Local Share

$3,766,526

$3,766,526

$0

Tier I

$3,013,954

$3,072,460

-$58,506

Tier II

$758,389

$771,936

-$13,547

HB 1

$226,198

$228,232

-$2,034

Additional State Aid

$1,555,041

$1,561,080

-$6,039

Staff Allotment

$53,500

$53,500

$0

HB 1 (80th Session)

$48,605

$49,028

-$423

Technology

$42,298

$42,456

-$158

High School Allotment

$120,839

$115,693

$5,146

Pre-K Grant

$98,000

$98,000

$0

EDA

$129,670

$133,390

-$3,720

Total

$6,046,494

$6,125,775

-$79,281

A couple of notes: The transportation allotment is dependent on the number of miles traveled during the school year. Unless there are unusual circumstances, the amount from the previous fiscal year is used in both columns until an update is provided from the state.

Tier II Aid is tied to tax effort. We do not receive as much money as we used to in Tier II because of changes to the funding formulas.

Additional State Aid is a relatively new funding category. The majority of this funding helps offset the decrease in Tier II funds. This category came about because of the limits established for a district’s tax rate. As the legislature attempts to lower property tax bills, the funding that was dependent on property tax collections has been re-established in this category.

High School Allotment is a special category of funding that is devoted exclusively to high schools. It is based on the ADA of the high school.

EDA stands for Existing Debt Allotment. This is state aid that is used to help the district pay for its bonds.

Does the fact that we have a bottom line of -$79,281 signal problems for EISD? Well, it would if we simply spent our budgeted amounts and paid no attention to the amount of funding that we are actually earning. Of course we would like to be earning more than what we budgeted; however, as long as we are watching our bottom line and understand that we may need to adjust our budget accordingly, we will be okay. In fact, we have already made adjustments to our budget to offset the budget vs. earned difference.

A few more points: first, the numbers in the earned column are only for the first six weeks. These will be updated throughout the year. They may go up or they may go down. Regardless, the key is careful monitoring of the numbers; second, as the year progresses, further adjustments to our budget will probably need to be made; third, almost all of the funding categories are dependent on ADA (or numbers related to ADA). If our enrollment goes up, these numbers will go up; however, the converse is also true: if our enrollment goes down, these numbers will go down also.

School finance can be complicated and certainly can be confusing. If you have any questions about a certain category of funding, or questions about how a category is calculated, please feel free to contact me at cholcombe@eustaceisd.net.

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