Looking back on the first six weeks, two key numbers were in the district’s favor: enrollment and attendance percentage. While we have not reached the maximum enrollment of last year, 1,575, we have held steady during the first six weeks. That did not happen last year. Last September, we reached 1,475 students; however, by October, we had dropped to 1,423 students. We stayed much closer to the 1,420 mark throughout the remainder of 2011-2012.
This year, our enrollment in September was 1,452 students. In October, our enrollment is holding steady at 1,453 students. For ADA purposes, this is much better situation than last year. On top of that, our attendance percentage for the first six weeks was 97.45%. Our enrollment and our attendance percentage are currently generating revenue numbers above what was budgeted for 2012-2013. Below is a breakdown of our revenue through the first six weeks:
| Budget vs. Payment vs. Actual 2011-2012 | |||
| Difference | |||
| Earned (Est.) | Budget | Earned v. Budget | |
| ADA | 1363.862 | 1339.276 | 24.586 |
| High School ADA | 364.897 | 357.966 | 6.931 |
| SE FTE | 53.162 | 48.128 | 5.034 |
| Mainstream ADA | 30.431 | 33.467 | -3.036 |
| CATE | 54.931 | 53.838 | 1.093 |
| GT Students | 48 | 52.167 | -4.167 |
| Comp | 1069 | 1081 | -12 |
| Bilingual | 18.24 | 11.513 | 6.727 |
| Reg Block | $6,374,784 | $6,284,718 | $90,066 |
| SE | $1,020,116 | $952,886 | $67,230 |
| CATE | $384,133 | $376,707 | $7,426 |
| GT | $29,549 | $32,158 | -$2,609 |
| Comp | $1,107,484 | $1,120,565 | -$13,081 |
| High School Allotment | $100,347 | $98,441 | $1,906 |
| Bilingual | $9,449 | $5,967 | $3,482 |
| Trans | $147,504 | $147,504 | $0 |
| Total Tier I | $9,173,366 | $9,018,946 | $154,420 |
| Less Local | $4,882,270 | $4,882,270 | $0 |
| Tier I | $4,291,096 | $4,136,676 | $154,420 |
| Tier II | $387,540 | $374,784 | $12,756 |
| Other Programs | $49,500 | $49,500 | $0 |
| $4,728,136 | $4,560,960 | $167,176 | |
| Less Available | $500,726 | $500,726 | $0 |
| Total Foundation School Fund | $4,227,410 | $4,060,234 | $167,176 |
As you can see, we are earning more than was budgeted. This is certainly a contrast from last year at this time. Last year, we had to make budget reductions because we were not earning as much as we had budgeted. The only major area where we are not meeting our budget is in Compensatory Education. As you recall, the amount of money available through Compensatory is based on the number of students receiving free or reduced priced meals. The state takes the average of the best six months of the previous year to determine this allotment. Since we keep track of these numbers as well, we know that over the last 12 months, we did not have as many students receiving these benefits as we did in the previous year. While the difference is slight, 1069 versus 1081, this difference reduces our Compensatory allotment by about $13,000.
We will continue to monitor and report our attendance numbers each six weeks. This will allow us to make any necessary adjustments through the school year. As long as we have a positive number, we will not make any budget adjustments. If we get to the point where we are earning less than our budget, adjustments will be made.
If you have any questions regarding the numbers in this post, please feel free to contact me at cholcombe@eustaceisd.net. I will be glad to answer any and all questions.