by Coy Holcombe.
Yesterday, we looked at the attendance number through the 4th six weeks. Today, we will look at how those attendance numbers translate into funding for our district. As we have at the end of the first three six weeks, we will compare what we are earning with what we budgeted.
| Earned | Budget | Difference | |
| Regular Block Grant | $4,622763 | $4,766,154 | -$143,391 |
| Special Ed. | $732,581 | $941,197 | -$208,616 |
| CATE | $386,143 | $288,406 | $97,737 |
| GT | $30,306 | $30,992 | -$686 |
| Compensatory | $690,258 | $667,805 | $22,453 |
| Bilingual | $3,681 | $5,432 | -$1,751 |
| Transportation | $139,000 | $139,000 | $0 |
| Total Tier I | $6,604,732 | $6,838,986 | -$234,254 |
| Less Local | $3,766,526 | $3,766,526 | $0 |
| Tier I | $2,838,206 | $3,072,460 | -$234,254 |
| Tier II | $717,697 | $771,936 | -$54,239 |
| HB 1 | $220,334 | $228,232 | -$7,898 |
| Additional State Aid | $1,517,891 | $1,561,080 | -$43,189 |
| Staff Allotment | $53,500 | $53,500 | $0 |
| HB 1 (80th Session) | $47,487 | $42,456 | -$1,696 |
| Technology | $41,487 | $42,456 | -$969 |
| HS Allotment | $117,292 | $115,693 | $1,599 |
| Pre-K Grant | $98,000 | $98,000 | $0 |
| EDA | $110,496 | $133,390 | -$22,894 |
| Total | $5,762,235 | $6,125,775 | -$363,540 |
A few notes:
Through budget amendments, we have made up all but about $100,000 of the difference.
The remaining $100,000 will be accounted for when the appeal of our property values is finalized. (Recall that the state made an error in our 2007 property values and actually had our property values over $11,000,000 too much).
As mentioned previously, the major contributor to the difference in the budget and what we are earning is the decline in overall enrollment in the district.
The slight increase in enrollment will help offset some of the difference.
We will continue to monitor what we are earning throughout the remainder of this school year.
If you have any questions or comments, please contact me at cholcombe@eustaceisd.net.