2013-2014 Budget Numbers

The new fiscal year for EISD officially began September 1, 2013. Below is an overall summary of the budget that was recently adopted by the EISD Board of Trustees. As you can see, the overall budget for maintenance and operations ( M & O) shows an increase over last year’s budget. The main reason for this is the restored funding from the state. EISD is about where we were in terms of state funding three years ago. Depending on your point of view, there has technically been an increase in state funding from the previous biennium; however, this increase was simply a restoring of the state funds that were cut two years ago.

The district is anticipating an increase in tax revenues over last year. While our M & O tax rate remains at $1.04, the increase in local property values will provide additional funding in terms of tax dollars for EISD.

Below the M & O budget, is a table that shows the break down of the M & O budget in terms of salary, contracted services, supplies, travel, and capital outlay. The next section shows federal and special program budgets. Below this is the bond payment section that shows the payment amounts and the expected revenues.

At the bottom of the page is the overall totals for 13-14. Since the expected revenues match the expenditures, the 13-14 budget is balanced. Last year’s budget did not show a balanced amount because we used I & S fund balance to help pay for our bonds.

If you have any questions regarding any budget amount or category, please feel free to contact me at cholcombe@eustaceisd.net.

 

Revenues 2013-2014 2012-2013
Taxes-Current Year Levy $5,300,000 $5,100,000
Taxes-Current
Year Del
$1,000 $1,000
Tax/Curr Yr
Levy-Past Due
$1,000 $1,000
Penalties,Interest,Other
Tax
$130,000 $130,000
Other Local
Revenue
$75,000 $100,000
Other Patron
Tuition & Fees
$16,000 $16,000
Earnings From
Temporary
$50,000 $75,000
Misc Income
From Within State
$5,000 $5,000
Athletic
Activity
$40,000 $45,000
Athletic
Activity
$5,000 $5,000
Athletic
Activity – T & M
$40,000 $42,000
Misc Rev Fm
Local Sources
$1,000 $1,000
Per Capita
Apportionment
$378,403 $500,726
Foundation-Salary
& Oper
$4,546,249 $4,060,234
Discip Altrn
Ed/Rd
$1,600 $1,600
TRS On -Behalf $446,245 $443,997
SHARS Revenue $55,000 $0
Totals $11,091,497 $10,527,557
Expenditures
M & O Funds (199)
Salaries – 6100 $9,306,479 $8,773,872
Contracted Services and
Repairs – 6200
$996,956 $1,013,941
Supplies – 6300 $500,398 $465,272
Travel and Subsistence and
Other Operating Costs – 6400
$270,164 $258,821
Capital Outlay – 6600 $17,500 $15,650
$11,091,497 $10,527,557
Federal and Special Revenue
Headstart 195 $93,839.73 $89,230.56
Title I 211 $275,872.00 $283,260.00
Food Services 240 $800,492.20 $790,492.00
Class Size Reduction 255 $50,284.00 $54,004.00
IDEA – B 224 $394,031.87 $384,027.00
IDEA – Pre-K 225 $10,550.00 $11,081.00
Federal Vocational 331 $0.00 $0.00
Advanced Placement 397 $250.00 $250.00
Optional Extended Year 401 $0.00 $0.00
Student Success 404 $0.00 $0.00
Activity Funds 461 $100,150.00 $100,150.00
$1,725,469.80 $1,712,494.56
Bond Revenue $1,009,567.50 $1,007,057.00
Bond Payments $1,009,567.50 $1,073,557.00
$0.00 -$66,500.00
Total Revenue $13,826,534.39 $13,247,108.28
Total Expenditures $13,826,534.39 $13,313,608.28
Difference $0.00 -$66,500.00

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