Irving Independent School District

August
g
1, 2011

Debbie Cabrera - Associate Superintendent of

Business Services

EXCELLENCE AND EQUITY FOR ALL.

WE ENGAGE LEARNERS TO BECOME CRITICAL
THINKERS, LEADERS AND CONTRIBUTORS IN
A DIVERSE AND COMPETITIVE WORLD.

Maintain a strong and stable financial position

1.
1 F
Fund
db
balance
l
will
ill b
be no lless th
thatt 16
16.6%
6% ( ttwo
months operating) of the appropriations budget
for the General Operating Fund.
4. Create a balanced budget annually.

Local
State
Federal
Total Revenue

$94,358,454
$94
358 454
$141,931,637
$7,362,877
$243,652,968

70%
58.3%

60%
50%
40%

38.7%

30%
20%
10%

3.0%

0%

Local

State

Federal

2010-11
Local
State
Federal
T t l
Total
Revenue

$97,355,172

2011-12

Change

% Change

$94,358,454 ($2,996,718)

(3.1%)

$150,692,291 $141,931,637 ($8,760,654)

(5.8%)

$1,537,000

$7,362,877

$5,825,877

379%

$249,584,463 $243,652,968 ($5,931,495)

(2.4%)

Local - Property Taxes*

Local Investments
Locall - Extracurricular
l
Local - Other
State - Found. / Per Cap
State - TRS / Other
Federal

$89,819,444
$412,000
$
$1,252,750
$2,874,260
$130,497,602
$11,434,035
$7,362,877

Total Revenue

$243,652,968

* Includes TIF Taxes

60%
53.6%

50%

40%

36.9%

30%

20%

10%

4.7%

0%
Property Taxes

0.2%

0.5%

1.2%

Investments

Extracurricular

Local-Other

Found/Per Cap

TRS/Other

3
0%
3.0%

Federal

2010-11
Property Tax

2011-12

Change

% Change

$91,366,965

$89,819,444

($1,547,521)

(1.7%)

$900,000

$412,000

($488,000)

(54.2%)

Extracurricular

$1,254,250

$1,252,750

($1,500)

(.1%)

Other Local

$3 833 957
$3,833,957

$2 874 260
$2,874,260

($959 697)
($959,697)

(25 0%)
(25.0%)

State Found
and Per Cap

$138,725,356

$130,497,602

($8,227,754)

(5.9%)

$11,966,935
$
,966,935

$11,434,035
$
, 3 ,035

($532,900)
($53
,900)

((4.5
5 %)

$1,537,000

$7,362,877

$5,825,877

379%

$249,584,463

$243,652,968

($5,931,495)

(2.4%)

Investments

State TRS
S
Federal
Total Revenue

Payroll Services
Contracted Services
Supplies & Materials
Other Operating
Capital Outlay
Total Expenditures

$209,675,128
$17,181,035
$9,333,381
$4,986,150
$836,065
$242,011,759

10

100
90

86.6%

80
70
60
50
40
30
20
7.1%

10

3
3.9%
9%

2.1%

0.3%

0
Payroll Services

Contracted
Services

Supplies &
Materials

Other Operating

Capital Outlay

11

2010-11
2010 11

2011-12
2011 12

Change

$222,189,451

$209,675,128

($12,514,323)

(5.6%)

Contracted
C
t t d
Services

$18,802,750

$17,181,035

($1,621,715)

(8.6%)

Supplies &
Materials

$8,461,257

$9,333,381

$872,124

10.3%

Other Operating

$5,654,557

$4,986,150

($668,407)

(11.8%)

$993 288
$993,288

$836
$836,065
065

($157
($157,223)
223)

(15 8%)
(15.8%)

$256,101,303

$242,011,759

($14,089,544)

(5.5%)

Payroll

Capital Outlay
Total
Expenditures

% Change

12

Provide
P
id effective
ff ti teaching
t
hi
and
d learning
l
i
that
th t
results in student mastery for successful
college and career readiness.

13

Instruction
Instructional Leadership
Student Support Services
Administrative
Support Services
Ancillary Services
Construction
Intergovernmental Charges

$161,212,276
$20,784,885
$23,032,754
$7,557,765
$27,194,249
$451,497
$3,519
$1,774,814

Total Expenditures

$242
$242,011,759
011 759

14

80
70

66.6%

60
50
40
30
20
10
0

8.6%

11.2%

9.5%
3.1%

.2%

0%

.7%

15

g
Change

g
% Change

2010-11

2011-12

$170,940,922

$161,212,276

($9,728,646)

(5.7%)

Instructional
Leadership

$22,426,040

$20,784,885

($1,641,155)

(7.3%)

Student Support
Services

$24,011,093

$23,032,754

($978,339)

(4.1%)

$7,332,422

$7,557,765

$225,343*

3.1%

$28,553,822

$27,194,249

($1,359,573)

(4.8%)

$435,949

$451,497

$15,548

3.6%

$3,519

$3,519

$0

0%

Intergovernmental

$2,397,536

$1,774,814

($622,722)

(26%)

Total Expenditures

$256,101,303

$242,011,759

($14,089,544)

(5.5%)

Instruction

Administrative
Support Services
Ancillary Services
Construction

* Increased Legal Fees - $200,000

16

GENERAL OPERATING FUND

BALANCE
Beginning Fund Balance - 9/1/11 (est.)
Revenues
Expenditures
Other Sources (Uses)
Projected Fund Balance - 8/31/12
Fund Balance %
Increase to Fund Balance

$72,086,023
$243,652,968
$243
652 968
($242,011,759 )
$30,000
$73,757,232
30.5%
$1,671,209

17

Beginning Fund Balance - 9/1/11 (est.)

$13,250,000

Revenues
Local - Property Taxes
Investments
State - IFA and EDA

$35,935,231
$93,500
$9,260,602

Expenditures
Principal, Interest, and Fees
Projected Fund Balance - 8/31/12
Fund Balance %

($45,711,378 )
$12,827,955
28.1%

Use of Fund Balance

$422,045
18

Certified Roll

Change

% Change

2007- 08

$9,694,537,924

$917,297,487

10.5 %

2008- 09

$10,135,897,746

$441,359,822

4.6 %

2009- 10

$9,670,388,426

($465,509,320)

(4.6 %)

2010- 11

$9,162,488,657

($507,899,769)

(5.3 %)

2011- 12

$8,971,398,639

($191,090,018)

(2.1 %)

19

May Preliminary

billions
$11.00

Certified Roll
Final EOY Roll

$10.50

$10.00
$9.50

$9.00
$9
00
$8.50
$8.00

$7.50
$
$7.00

07-08

08-09

09-10

10-11

11-12

20

70%

59%

60%
50%

41%

Residential

40%

Business

30%
20%
10%
0%
07-08

08-09

09-10

10-11

11-12

21

2010-11

2011-12

Change

Local
Maintenance

$1 04
$1.04

$1 04
$1.04

$0

Debt Service

.425

.425

$0

Total

$1.465

$1.465

$0

22

Assessed
Value

Taxable
Value

2010-11
Taxes

2011-12
Taxes

Annual
Increase

*$130,215

$115,215

$1,688

$1,688

$0

**$132,822

$117,822

$1,726

$1,726

$0

$120,000

$105,000

$1,538

$1,538

$0

$95,000

$80,000

$1,172

$1,172

$0

$75,000

$60,000

$879

$879

$0

Taxable Value includes the $15,000 state homestead exemption.

* Average Home Value Current Year ** Last Year

Decrease $38
23

TAX RATE HISTORY

School Year

M&O Tax Rate

Total Tax Rate

Difference

2001 - 02

1 495
1.495

1 6950
1.6950

No change

2002 - 03

1.500

1.7706

7.56 cents

2003 - 04

1.500

1.8150

4.44 cents

2004 - 05

1 500
1.500

1 8370
1.8370

2 20 cents
2.20

2005 - 06

1.500

1.8140

-2.30 cents

2006 - 07

1.330 (HB1)

1.6440

-17.00 cents

2007 - 08

1.000 (HB1)

1.3485

-29.55 cents

2008 - 09

1.020

1.3910

4.25 cents

2009 - 10

1.020

1.4250

3.40 cents

2010 - 11

1.040

1.4650

4.00 cents

2011 - 12

1.040

1.4650

No change

24