4th Six Weeks – By the Numbers, Part 2

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.

Budget vs. Actual – End of the 4th Six Weeks

  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.

 

Leave a Reply