By the Numbers, End of 6th 6 Weeks

by Coy Holcombe.  

Below are the estimated earned vs. budget numbers through the end of the 6th six weeks. While we did increase our enrollment and attendance during the 6th 6 weeks, it was not enough to offset the low enrollment of the 4th and 5th six weeks.

      Difference
  Earned (Est.) Budget Earned v. Budget
ADA 1373.841 1415 -41.159
High School ADA 407.58 424.6 -17.02
SE FTE 46.2709 52.466 -6.1951
Mainstream ADA 47.511 50.272 -2.761
CATE 61.637 79.437 -17.8
GT Students 67 81.67 -14.67
Comp 1023.2 1007 16.2
Bilingual 9.91 10.1 -0.19
       
Reg Block $6,556,267 $6,642,593 -$86,326
SE $998,523 $1,114,165 -$115,642
CATE $430,945 $555,181 -$124,236
GT $41,341 $43,655 -$2,314
Comp $1,059,831 $1,042,648 $17,183
High School Allotment $112,086 $116,765 -$4,679
Bilingual $5,134 $5,229 -$95
Trans $139,400 $139,400 $0
Total Tier I $9,343,527 $9,659,636 -$316,109
       
Less Local $4,589,175 $4,558,008 $31,167
       
Tier I $4,754,352 $5,101,628 -$347,276
Tier II $421,547 $453,217 -$31,670
Staff Allotment $50,500 $50,500 $0
  $5,226,399 $5,605,345 -$378,946
Less Available $369,292 $369,292 $0
Less Title XIV $248,624 $248,624 $0
Total Foundation School Fund $4,608,483 $4,987,429 -$378,946
       
Available School Fund $154,614 $154,614 $0
Tech $40,432 $42,456 -$2,024
EDA $13,266 $51,242 -$37,976
Title XIV $463,302 $463,302 $0
       
Total State Aid $5,280,097 $5,699,043 -$418,946

 

Notes:

Through budget adjustments we were able to account for most of the 418,946 shortfall. It is anticipated that the remaining amount will be made up through additional saving measure between now and the end of August.

The bottom line is that we did not experience any growth in overall enrollment from the start of the school year. The 09-10 budget was built with an anticipation that there would be a slight increase in the overall enrollment in the district. For the 10-11 school year, the budget is being constructed with a zero growth factor. In other words, the numbers we end with are going to be the numbers that we use for budgeting.

One item of particular interest is the line labeled "Less Local". This line is a direct calculation based on our property values of the previous year. The greater the property values, the greater the local share. As our local share increases, the amount of Tier I aid decreases. You can see from the above that our Local Share and our Tier I aid from the state are almost equal. So any increase that we may see from local tax revenues because of increased property values is offset by a corresponding decrease in Tier I aid. It is not necessarily a one to one decrease, but it is close.

If you have any questions about the numbers presented here, please do not hesitate to contact me at cholcombe@eustaceisd.net.

 

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