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Hutto ISD Budget and Tax Rate Public MeetingJune 18, 2020
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 1
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
86th Legislative Session provided additional funding to Texas Public SchoolsIncreased Basic Allotment from $5,140 to $6,160
Set mandates for full-time employee compensation increases
Requires full day Pre-K for 4-year-olds
Established an Early Education Allotment for students in grades K-3 who are educationally disadvantaged or LEP
Established a new Dyslexia Allotment
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 2
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
86th Legislative Session provided additional funding to Texas Public SchoolsAdd an extra 0.05 weight for DL immersion/one-way or two-way programs for non-
English speakers
Established a CCMR Outcomes Bonus
Reimburses districts to ensure students are given at least one college prep assessment and at least one industry certification exam by graduation
GT funding is no longer provided based on identification
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 3
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
86th Legislative Session provided additional funding to Texas Public SchoolsExpands CTE funding from grades 9-12 to grades 7-12 and adds technology
application courses
Repealed the High School Allotment
Increases Mainstream Special Education weight from 1.1 to 1.15
Increased compensatory education weight from 0.2 to one of five values from 0.225 –0.275 based upon the census tier for educationally disadvantaged students
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 4
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
86th Legislative Session provided additional funding to Texas Public Schools Eliminated the Cost of Education Index
GT funding is no longer provided based on identification
Transportation allotment is now given to all districts and based on a per mile reimbursement rather than a linear density
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 5
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
86th Legislative Session provided additional funding to Texas Public Schools Established a Fast Growth Schools Allotment
Increased the cap allowed annually for New instructional Facility Allotment from $25M to $100M
Recapture calculations have been amended to ensure no district has funds recaptured below their formula entitlement
Increases Mainstream Special Education weight from 1.1 to 1.15
Increased compensatory education weight from 0.2 to one of five values from 0.225 – 0.275 based upon the census tier for educationally disadvantaged students
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 6
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
86th Legislative Session provided additional funding to Texas Public Schools Transportation allotment is now given to all districts and based on a per mile
reimbursement rather than a linear density.
Limits the amount of increased property tax collections to 2.5% per year
Tax rate compression from $1.00 to $0.93 in FY 2020 and from $0.93 to an estimated $.8457 in FY 2021
Eliminated the Cost of Education Index
Amends statute from previous year to current year property values
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 7
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
Unknown Financial Impacts of COVID-19
REVENUESAverage Daily Attendance – State Aid
Tax Collections
Interest Earnings
Gate Receipts
Out of District Tuition
Daycare Revenue
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 8
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
Unknown Financial Impacts of COVID-19
EXPENDITURESPersonal Protection Equipment
Technology
Transportation of Students
Non-Community Supplies
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 9
Hutto ISD Budget and Tax Rate Public Meeting
Financial Integrity Rating System of Texas (FIRST) Requirement
◦ Indicator #20: Board Discussion of Property Values◦ Did the school board members discuss the district’s property values and the funding lag
at a board meeting that takes place within 120 days of the district adopting the budget?
◦ Affected districts prior to HB3
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 10
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
Projected increase in Average Daily Attendance of 188.744
Increase in Freeze Adjusted Taxable Levy of $448,530,530
Increase in estimated M&O Taxes of $1,676,989
Increase in estimated I&S Taxes of $3,263,255
Increase in State Aid $4,150,495
Increase in Debt Obligation $2,246,800
Increase in Staff
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 11
Hutto ISD Budget and Tax Rate Public Meeting
Budget Considerations
Increased Compensation Package for all employees
Increased Benefit Costs (based on payroll amounts)
Increased Workers Comp (based on payroll amounts)
Increased Property and Liability Insurance
Increased Student Populations Instructional Programs (CT, SpEd, Fine Arts)
Additional Classroom Technology
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 12
Hutto ISD Budget and Tax Rate Public Meeting
General Fund Revenues
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 13
Local Revenue - Taxes
Current tax estimations are based on a proposed M&O tax rate of $0.9840 per $100 of evaluation
Williamson County Chief Appraiser Certified Values
2019 Net Taxable Value Before Freeze $3,657,440,538
2020 Net Taxable Value Before Freeze $4,128,010,986
12.87% Increase
2019 Freeze Adjusted Taxable Levy $3,427,037,762
2020 Freeze Adjusted Taxable Levy $3,875,568,292
13.08% Increase
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 14
Hutto ISD
2019 - 2020 Tax Collection Worksheet
2019 Certified Values
M&O Tax Rate 1.06835$ 71.30%
I&S Tax Rate 0.430$ 28.70%
Total Tax Rate 1.49835$ 100.00%
Estimating Total M&O Tax Collections for 19/20 Final
Estimated Net Taxable Value Before Freeze (7/17/19) $3,657,440,538
Total value under review 90,922,507$ 54,553,504
O65 Freeze Taxable $245,667,198
O65 Transfer Taxable (Adjustment) $1,938,703
DP Freeze Taxable $37,117,634
DP Freeze Taxable (Adjustment) $232,745
Total Freeze and Transfer ($284,956,280)
Freeze Adjusted Taxable Levy $3,427,037,762
M&O Tax Rate $1.0684
Collections at 100% $3,661,275,793
Divided by 100 $36,612,757.93
Historical Collection Percentage 98%
Collections at Historical Collection Percentage $35,880,503
O65 Freeze Ceiling $2,826,591.17
DP Freeze Ceiling $419,858.44
Total Freeze Ceiling $3,246,449.61
Historical Collection Percentage 98%
Total Freeze Ceiling Collections at Historical Collection Percentage $3,181,521
M&O Portion of Freeze Ceiling $2,268,480
I&S Portion of Freeze Ceiling $913,040
Total Estimated M&O Tax Collections for 19-20 98% $38,148,983
Enter Data in highlighted cells
Hutto ISD
2020 - 2021 Tax Collection Worksheet
2020 Certified Values
M&O Tax Rate 0.98400$ 68.14%
I&S Tax Rate 0.460$ 31.86%
Total Tax Rate 1.44400$ 100.00%
Estimating Total M&O Tax Collections for 20/21 Final
Estimated Net Taxable Value Before Freeze (5/17/20) $4,128,010,986
Total value under review 90,922,507$ 60,000,000
O65 Freeze Taxable $271,081,807
O65 Transfer Taxable (Adjustment) $231,191
DP Freeze Taxable $41,129,696
DP Freeze Taxable (Adjustment) $0
Total Freeze and Transfer ($312,442,694)
Freeze Adjusted Taxable Levy $3,875,568,292
M&O Tax Rate $0.9840
Collections at 100% $3,813,559,199
Divided by 100 $38,135,591.99
Historical Collection Percentage 98%
Collections at Historical Collection Percentage $37,372,880
O65 Freeze Ceiling $3,196,457.26
DP Freeze Ceiling $476,871.49
Total Freeze Ceiling $3,673,328.75
Historical Collection Percentage 98%
Total Freeze Ceiling Collections at Historical Collection Percentage $3,599,862
M&O Portion of Freeze Ceiling $2,453,092
I&S Portion of Freeze Ceiling $1,146,770
Total Estimated M&O Tax Collections for 20-21 98% $39,825,972
Enter Data in highlighted cells
State Revenue
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 15
State Revenue Estimations
Based on current Texas school finance law – HB3
Calculated using the latest release (Release 16: May 4, 2020) of the State Aid Template formulated by Mr. Omar Garcia of BOK Financial Securities , Inc.
Based on an increase in Refined Average Daily Attendance of 188.744 HISD students. This represents a 2.5% increase.
TRS/TRS-Care-On-Behalf – contributions made by the State of Texas to the Teacher Retirement System of Texas on behalf of a reporting entity’s employee must be recognized as equal revenues and expenditures by each district in compliance with GASB Statement No. 24.
2020-21 Summary of Finances
HUTTO ISD
246-906
HB 3
Funding Elements From
Students Date Entry1. Refined Average Daily Attendance (ADA) 7,834.000
2. Regular Program ADA (Line 1 - Line 3 - Line 4) 7,002.793
3. Special Education FTEs (Link to Detail Report) 289.789
4. Career & Technology FTEs 541.418
5. Weighted ADA (WADA) (Link to Detail Report) 10,513.630
Property Values6. 2018 State Certified Property Value ("T2" value) 3,222,363,330
7. 2020 State Certified Property Value ("T2" value) 4,128,010,986
Tax Rates and Collections8. State Compression Percentage 0.84570
9. 2018-19 M&O Tax Rate $1.17000
10. 2020-21 M&O Tax Rate $1.05470
11. 2020-21 Tier I M&O Tax Rate $0.84570
12. 2020-21 Maximum Compressed Tax Rate $0.84570
13. 2019-20 M&O Tax Collections (Link to Detail Report) $39,843,078
14. 2020-21 I&S Tax Rate $0.48000
15. 2020-21 I&S Tax Collections $18,220,920
16. 2020-21 Total Tax Collections $58,063,998
17. 2020-21 Total Tax Levy $0
Funding Components18. District Basic Allotment $6,160
19. ASF ADA (Prior-year ADA) 7,645.256
20. Per Capita Rate $400.000
Program Intent Codes - Allotments
Tier I Subchapter B & C Allotments21. 11-Regular Program Allotment 48.051 $43,137,205
22. Small and Mid-size Allotment 48.101 $0
23. 23-Total Special Education Adjusted Allotment 48.102 (Spend 55%) $7,890,537
24. 37-Dyslexia Allotment 48.103 $314,776
25. 24-Total Comp Ed Allotment 48.104 (Spend 55%) $4,345,507
26. 25-Total Bilingual Education Allotment 48.105 (Spend 55%) $703,892
27. 22-Total Career & Technology Allotment 48.106 (Spend 55%) $4,507,931
28. 11-Public Education Grant 48.107 $0
29. 36-Early Education Allotment 48.108 $1,407,668
30. 38-College, Career, or Military Readiness Outcomes Bonus 48.110 $450,000
31. Fast Growth Allotment 48.111 $1,930,298
32. Teacher Incentive Allotment 48.112 $0
33. Mentor Program Allotment 48.114 $0
34. School Safety Allotment 42.168 $76,146
Tier I Subchapter D Allotments35. 99-Total Transportation Allotment 48.151 $637,125
36. 99-New Instructional Facilities Allotment (NIFA) 48.152 $100,000
37. Dropout Recovery and Residential Placement Facility Allotment 48.153 $0
38. Tuition Allotment for Districts Not Offering All Grade Levels 48.154 $0
39. College Preparation Assessment Reimbursement 48.155 $26,320
40. Certification Examination Reimbursement 48.156 $16,067
41. Advanced Placement Tests Set-Aside $0
42. Total Cost of Tier I (Link to Tier I Detail Report) $65,543,472
43. Less: Local Fund Assignment $34,910,589
44. Per Capita Distribution from the Available School Fund (ASF) $3,058,102
Foundation School Program (FSP) State Funding45. FSP State Share of Tier I (Line 42 - Line 43 - Line 44) $27,574,781
46. Tier II State Aid (Link to Tier II Detail Report) $5,807,169
47. Other Programs (Link to Detail Report) $0
48. Total FSP Operating Fund $33,381,950
State Aid by Fund Code / Object Code - Funding Source
M&O State Aid49. 199/5812 - Foundation School Fund $33,381,950
50. 199/5811 - Available School Fund $3,058,102
I&S State Aid51. 599/5829 - Existing Debt Allotment (EDA) (Link to Detail Report) $0
52. 599/5829 - Instructional Facilities Allotment (IFA) (Bond) (Link to Detail Report) $0
53. 599/5829 - Instructional Facilities Allotment (Lease Purchase) (See Link Above) $0
54. I&S Hold Harmless (ASAHE for Facilities on TEA's Report) (see HH2021-Calcs tab) $236,300
55. TOTAL 2020-21 FSP/ASF STATE AID $36,676,352
Federal Revenue
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 16
Federal Revenue Estimations
Prior year School Health and Related Services (SHARS) billing.
Medicaid reimbursements.
JROTC funding.
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Estimated Revenue Sources Budget Budget Budget Proposed
5700.00 Local Sources
5711.00 Taxes, Current Year Levy 38,148,983$ 38,148,983$ 39,825,972$ 1,676,989$
5712.00 Taxes, Prior Years 400,000 400,000 350,000 (50,000)
5719.00 Penalties, Interest, Other Tax Rev. 70,000 70,000 70,000 -
5735.00 Tuition & Fees; Summer School 235,000 235,000 235,000 -
5742.00 Interest Earnings 425,500 425,500 246,000 (179,500)
5743.00 Rental 95,000 95,000 90,000 (5,000)
5744.00 Gifts & Bequests - - - -
5749.00 Miscellaneous 90,500 90,500 385,000 294,500
5749.01 Advertising 15,000 15,000 15,000 -
5749.07 Bus Charters 250,000 250,000 250,000 -
5749.XX Other Local 85,000 85,000 85,000 -
5752.00 Athletic Gate 89,000 89,000 57,882 (31,118)
5755.00 Childcare Tuition 505,000 505,000 465,000 (40,000)
Total Local Sources 40,408,983 40,408,983 42,074,854 1,665,871
5800.00 State Sources
5811.00 Available School Fund 1,753,812 1,753,812 3,058,102 1,304,290
5812.00 Foundation School Fund 30,535,745 30,535,745 33,381,950 2,846,205
5831.00 TRS/TRS-Care on-Behalf 3,760,833 3,760,833 4,428,127 667,294
Total State Sources 36,050,390 36,050,390 40,868,179 4,817,789
5900.00 Federal Sources -
5931.00 SHARS 1,500,000 1,500,000 1,000,000 (500,000)
5932.00 Medicaid 450,000 450,000 450,000 -
5949.00 JROTC 70,000 70,000 75,000 5,000
Total Federal Sources 2,020,000 2,020,000 1,525,000 (495,000)
Total Budgeted Revenue Sources 78,479,373$ 78,479,373$ 84,468,033$ 5,988,660$
Hutto Independent School District
General Fund Proposed Revenue
2020 - 2021
General Fund Revenue Sources
Local
Property Taxes (Current & Delinquent) 40,245,972$ 47.65%
Other Local 1,828,882 2.17%
State 40,868,179 48.38%
Federal 1,525,000 1.81%
Total General Fund Revenue Sources 84,468,033$ 100.00%
Property Taxes (Current &
Delinquent)47.65%
Other Local2.17%
State48.38%
Federal1.81%
GENERAL FUND REVENUE SOURCE
Property Taxes (Current & Delinquent) Other Local State Federal
Hutto ISD Budget and Tax Rate Public Meeting
General Fund Expenditures
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 17
Hutto ISD Budget and Tax Rate Public Meeting
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 18
Total Proposed General Fund Operating Budget
$84,468,033 (9.02% increase compared to FY 2020)
7.55% increase in payroll expense Additional staff
Increase in 2020 – 2021 Compensation Package
Increase in SPED funding
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Expenditures Budget Budget Budget Proposed
11 Instruction
6100 Payroll Costs 40,395,376$ 40,398,255$ 43,698,362$ 3,302,986$
6200 Professional & Contracted Services 1,228,685 1,265,169 1,629,000 400,315
6300 Supplies & Materials 1,898,600 1,791,780 2,175,534 276,934
6400 Other Operating Expenditures 451,899 444,882 568,212 116,313
6500 Debt Service - - - -
6600 Capital Outlay 130,000 130,000 130,000 -
11 Total Instruction 44,104,560 44,030,086 48,201,108 4,096,548
12 Instructional Resource & Media Services
6100 Payroll Costs 221,272 221,272 239,741 18,469
6200 Professional & Contracted Services - - - -
6300 Supplies & Materials 124,705 125,589 147,373 22,668
6400 Other Operating Expenditures 1,285 1,285 1,285 -
6500 Debt Service - - - -
6600 Capital Outlay - - - -
12 Total Inst. Resource & Media Services 347,262 348,146 388,399 41,137
13 Curriculum & Instructional Staff Development
6100 Payroll Costs 1,419,572 1,419,372 1,576,979 157,407
6200 Professional & Contracted Services 244,325 239,075 322,800 78,475
6300 Supplies & Materials 368,225 370,472 652,586 284,361
6400 Other Operating Expenditures 246,702 243,088 284,231 37,529
6500 Debt Service - - - -
6600 Capital Outlay - - - -
13 Total Curr & Inst Staff Development 2,278,824 2,272,007 2,836,596 557,772
21 Instructional Leadership
6100 Payroll Costs 300,121 300,121 487,759 187,638
6200 Professional & Contracted Services - 70,000 - -
6300 Supplies & Materials 3,500 3,425 8,600 5,100
6400 Other Operating Expenditures 208,900 205,775 138,705 (70,195)
6500 Debt Service - - - -
6600 Capital Outlay - - - -
21 Total Instructional Leadership 512,521 579,321 635,064 122,543
Hutto Independent School District
Proposed General Fund Expenditures by Function and Object
2020 - 2021
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Expenditures Budget Budget Budget Proposed
Hutto Independent School District
Proposed General Fund Expenditures by Function and Object
2020 - 2021
23 School Leadership
6100 Payroll Costs 4,020,812 4,020,812 4,008,009 (12,803)
6200 Professional & Contracted Services - - - -
6300 Supplies & Materials 21,618 27,354 27,468 5,850
6400 Other Operating Expenditures 28,074 27,445 30,002 1,928
6500 Debt Service - - - -
6600 Capital Outlay - - - -
23 Total School Leadership 4,070,504 4,075,611 4,065,479 (5,025)
31 Guidance and Counseling
6100 Payroll Costs 1,834,946 1,834,946 2,474,749 639,803
6200 Professional & Contracted Services 41,000 44,430 15,000 (26,000)
6300 Supplies & Materials 50,554 55,500 34,493 (16,061)
6400 Other Operating Expenditures 26,059 25,183 22,369 (3,690)
6500 Debt Service - - - -
6600 Capital Outlay - - - -
31 Total Guidance and Counseling 1,952,559 1,960,059 2,546,611 594,052
32 Social Work Services
6100 Payroll Costs 134,665 134,665 75,187 (59,478)
6200 Professional & Contracted Services - - - -
6300 Supplies & Materials - - - -
6400 Other Operating Expenditures - - - -
6500 Debt Service - - - -
6600 Capital Outlay - - - -
32 Total Work Services 134,665 134,665 75,187 (59,478)
33 Health Services
6100 Payroll Costs 836,634 836,634 918,071 81,437
6200 Professional & Contracted Services 27,853 1,640 675 (27,178)
6300 Supplies & Materials 34,287 55,720 118,688 84,401
6400 Other Operating Expenditures 20,696 25,476 20,126 (570)
6500 Debt Service - - - -
6600 Capital Outlay - - - -
33 Total Health Services 919,470 919,470 1,057,560 138,090
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Expenditures Budget Budget Budget Proposed
Hutto Independent School District
Proposed General Fund Expenditures by Function and Object
2020 - 2021
34 Student (Pupil) Transportation
6100 Payroll Costs 2,965,043 2,965,043 2,987,234 22,191
6200 Professional & Contracted Services 90,500 122,500 144,385 53,885
6300 Supplies & Materials 496,376 464,362 608,711 112,335
6400 Other Operating Expenditures 60,400 60,414 63,541 3,141
6500 Debt Service - - - -
6600 Capital Outlay 299,833 899,833 505,000 205,167
34 Total Student (Pupil) Transportation 3,912,152 4,512,152 4,308,871 396,719
35 Food Services
6100 Payroll Costs 15,000 15,000 12,000 (3,000)
6200 Professional & Contracted Services - - - -
6300 Supplies & Materials - - - -
6400 Other Operating Expenditures - - - -
6500 Debt Service - - - -
6600 Capital Outlay - - - -
35 Total Food Services 15,000 15,000 12,000 (3,000)
36 Cocurricular/Extracurricular Activities
6100 Payroll Costs 1,132,340 1,132,340 1,120,975 (11,365)
6200 Professional & Contracted Services 154,244 151,594 181,040 26,796
6300 Supplies & Materials 341,330 348,697 414,500 73,170
6400 Other Operating Expenditures 449,225 445,508 496,280 47,055
6500 Debt Service - - - -
6600 Capital Outlay 6,200 6,200 - (6,200)
36 Total Co/Extracurricular Activities 2,083,339 2,084,339 2,212,795 129,456
41 General Administration
6100 Payroll Costs 1,933,783 1,933,783 2,216,701 282,918
6200 Professional & Contracted Services 416,255 435,755 442,950 26,695
6300 Supplies & Materials 113,140 160,728 165,514 52,374
6400 Other Operating Expenditures 378,444 311,356 279,265 (99,179)
6500 Debt Service - - - -
6600 Capital Outlay - - - -
41 Total General Administration 2,841,622 2,841,622 3,104,430 262,808
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Expenditures Budget Budget Budget Proposed
Hutto Independent School District
Proposed General Fund Expenditures by Function and Object
2020 - 2021
51 Plant Maintenance & Operations
6100 Payroll Costs 3,619,834 3,619,834 3,742,000 122,166
6200 Professional & Contracted Services 2,325,500 2,306,800 2,380,800 55,300
6300 Supplies & Materials 546,800 565,500 761,800 215,000
6400 Other Operating Expenditures 306,000 306,000 329,000 23,000
6500 Debt Service - - - -
6600 Capital Outlay 238,000 238,000 96,000 (142,000)
51 Total Plant Maintenance & Operations 7,036,134 7,036,134 7,309,600 273,466
52 Security & Monitoring Services
6100 Payroll Costs 1,104,847 1,104,847 1,082,846 (22,001)
6200 Professional & Contracted Services 96,318 96,318 80,075 (16,243)
6300 Supplies & Materials 184,464 184,464 381,403 196,939
6400 Other Operating Expenditures 32,860 39,860 34,489 1,629
6500 Debt Service - - - -
6600 Capital Outlay 22,125 15,125 7,449 (14,676)
52 Total Security & Monitoring Services 1,440,614 1,440,614 1,586,262 145,648
53 Data Processing Services
6100 Payroll Costs 993,494 993,494 1,053,735 60,241
6200 Professional & Contracted Services 98,125 98,125 112,000 13,875
6300 Supplies & Materials 938,529 938,529 884,204 (54,325)
6400 Other Operating Expenditures 29,620 29,620 38,080 8,460
6500 Debt Service - - - -
6600 Capital Outlay - - - -
53 Total Data Processing Services 2,059,768 2,059,768 2,088,019 28,251
61 Community Services
6100 Payroll Costs 915,940 915,940 820,521 (95,419)
6200 Professional & Contracted Services 3,500 3,500 18,995 15,495
6300 Supplies & Materials 126,625 126,625 123,636 (2,989)
6400 Other Operating Expenditures 10,658 10,658 10,400 (258)
6500 Debt Service - - - -
6600 Capital Outlay - - - -
61 Total Community Services 1,056,723 1,056,723 973,552 (83,171)
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Expenditures Budget Budget Budget Proposed
Hutto Independent School District
Proposed General Fund Expenditures by Function and Object
2020 - 2021
71 Debt Service
6100 Payroll Costs - - - -
6200 Professional & Contracted Services - - - -
6300 Supplies & Materials - - - -
6400 Other Operating Expenditures - - - -
6500 Debt Service 505,000 505,000 496,000 (9,000)
6600 Capital Outlay - - - -
71 Total Debt Service 505,000 505,000 496,000 (9,000)
81 Facility Acquisition & Construction
6100 Payroll Costs - - - -
6200 Professional & Contracted Services - - - -
6300 Supplies & Materials - - - -
6400 Other Operating Expenditures - - - -
6500 Debt Service - - - -
6600 Capital Outlay 1,808,656 1,808,656 2,180,000 371,344
81 Total Facility Acquisition & Construction 1,808,656 1,808,656 2,180,000 371,344
95 Payments to Juvenile Justice Alt Ed Program
6200 Professional & Contracted Services 75,000 75,000 60,000 (15,000)
95 Total Pmts to Juvenile Justice Alt Ed Pgm 75,000 75,000 60,000 (15,000)
99 Other Governmental Charges
6200 Professional & Contracted Services 325,000 325,000 330,500 5,500
99 Total Other Governmental Charges 325,000 325,000 330,500 5,500
Total Appropriated Expenditures 77,479,373 78,079,373 84,468,033 6,988,660
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Expenditures Budget Budget Budget Proposed
11 Instruction 44,104,560$ 44,030,086$ 48,201,108$ 4,096,548$
12 Instructional Resource & Media Services 347,262 348,146 388,399 41,137
13 Curriculum & Instructional Staff Development 2,278,824 2,272,007 2,836,596 557,772
21 Instructional Leadership 512,521 579,321 635,064 122,543
23 School Leadership 4,070,504 4,075,611 4,065,479 (5,025)
31 Guidance and Counseling 1,952,559 1,960,059 2,546,611 594,052
32 Social Work Services 134,665 134,665 75,187 (59,478)
33 Health Services 919,470 919,470 1,057,560 138,090
34 Student (Pupil) Transportation 3,912,152 4,512,152 4,308,871 396,719
35 Food Services 15,000 15,000 12,000 (3,000)
36 Cocurricular/Extracurricular Activities 2,083,339 2,084,339 2,212,795 129,456
41 General Administration 2,841,622 2,841,622 3,104,430 262,808
51 Plant Maintenance & Operations 7,036,134 7,036,134 7,309,600 273,466
52 Security & Monitoring Services 1,440,614 1,440,614 1,586,262 145,648
53 Data Processing Services 2,059,768 2,059,768 2,088,019 28,251
61 Community Services 1,056,723 1,056,723 973,552 (83,171)
71 Debt Service 505,000 505,000 496,000 (9,000)
81 Facility Acquisition & Construction 1,808,656 1,808,656 2,180,000 371,344
95 Payments to Juvenile Justice Alt Ed Program 75,000 75,000 60,000 (15,000)
99 Other Governmental Charges 325,000 325,000 330,500 5,500
Total Appropriated Expenditures 77,479,373$ 78,079,373$ 84,468,033$ 6,988,660$
Hutto Independent School District
Proposed General Fund Expenditures by Function
2020 - 2021
General Fund Functional Category Expenditures
Instruction (11, 12, 13) 51,426,103$ 60.88%
Instructional and School Leadership (21, 23) 4,700,543 5.56%
Student Services (31, 32, 33, 34, 35, 36) 10,213,024 12.09%
General Administration (41) 3,104,430 3.68%
Support Svcs (51, 52, 53) 10,983,881 13.00%
Other (61, 71, 81, 95, 99) 4,040,052 4.78%
Total 84,468,033$ 100.00%
Instruction (11, 12, 13)60.88%Instructional and
School Leadership (21, 23)5.56%
Student Services (31, 32, 33, 34, 35, 36)
12.09%
General Administration (41)
3.68%
Support Svcs (51, 52, 53)13.00% Other (61, 71, 81, 95, 99)
4.78%
GENERAL FUND FUNCTIONAL CATEGORY EXPENDITURES
Instruction (11, 12, 13) Instructional and School Leadership (21, 23)
Student Services (31, 32, 33, 34, 35, 36) General Administration (41)
Support Svcs (51, 52, 53) Other (61, 71, 81, 95, 99)
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Expenditures Budget Budget Budget Proposed
6100 Payroll Costs 61,843,679$ 61,846,358$ 66,514,869$ 4,671,190$
6200 Professional & Contracted Services 5,126,305 5,234,906 5,718,220 591,915
6300 Supplies & Materials 5,248,753 5,218,745 6,504,510 1,255,757
6400 Other Operating Expenditures 2,250,822 2,176,550 2,315,985 65,163
6500 Debt Service 505,000 505,000 496,000 (9,000)
6600 Capital Outlay 2,504,814 3,097,814 2,918,449 413,635
Total Appropriated Expenditures 77,479,373$ 78,079,373$ 84,468,033$ 6,988,660$
Hutto Independent School District
Proposed General Fund Expenditures by Object
2020 - 2021
General Fund Object Expenditures
Payroll 66,514,869$ 78.75%
Prof & Contracted Svcs 5,718,220 6.77%
General Supplies 6,504,510 7.70%
Other Expenditures 2,315,985 2.74%
Debt Service 496,000 0.59%
Capital Outlay 2,918,449 3.46%
Total 84,468,033$ 100.00%
Payroll78.75%
Prof & Contracted Svcs
6.77%
General Supplies7.70%
Other Expenditures2.74%
Debt Service0.59%
Capital Outlay3.46%
GENERAL FUND OBJECT EXPENDITURE
Payroll Prof & Contracted Svcs General Supplies
Other Expenditures Debt Service Capital Outlay
Hutto ISD Budget and Tax Rate Public Meeting
Debt Service Fund Revenues
Current tax estimations are based on a proposed $0.46 I&S tax rate, a Freeze Adjusted Taxable Levy of $3,875,568,292 and a 98% collection rate.
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 19
Hutto ISD
2019 - 2020 Tax Collection Worksheet
2019 Certified Values
M&O Tax Rate 1.06835$ 71.30%
I&S Tax Rate 0.430$ 28.70%
Total Tax Rate 1.4984$ 100.00%
Estimating Total I&S Tax Collections for 19/20 Final
Estimated Net Taxable Value Before Freeze (7/25/18) $3,657,440,538
Total value under review 90,922,507$ 54,553,504
O65 Freeze Taxable $245,667,198
O65 Transfer Taxable (Adjustment) $1,938,703
DP Freeze Taxable $37,117,634
DP Freeze Taxable (Adjustment) $232,745
Total Freeze and Transfer ($284,956,280)
Freeze Adjusted Taxable Levy $3,427,037,762
I&S Tax Rate $0.4300
Collections at 100% $1,473,626,238
Divided by 100 $14,736,262.38
Historical Collection Percentage 98%
Collections at Historical Collection Percentage $14,441,537
O65 Freeze Ceiling $2,826,591.17
DP Freeze Ceiling $419,858.44
Total Freeze Ceiling $3,246,449.61
Historical Collection Percentage 98%
Total Freeze Ceiling Collections at Historical Collection Percentage $3,181,521
M&O Portion of Freeze Ceiling $2,268,480
I&S Portion of Freeze Ceiling $913,040
Total Estimated I&S Tax Collections for 19-20 98% $15,354,577
Enter Data in highlighted cells
Hutto ISD
2020 - 2021 Tax Collection Worksheet
2020 Certified Values
M&O Tax Rate 0.98400$ 68.14%
I&S Tax Rate 0.460$ 31.86%
Total Tax Rate 1.4440$ 100.00%
Estimating Total I&S Tax Collections for 20/21 Final
Estimated Net Taxable Value Before Freeze (7/25/18) $4,128,010,986
Total value under review 90,922,507$ 60,000,000
O65 Freeze Taxable $271,081,807
O65 Transfer Taxable (Adjustment) $231,191
DP Freeze Taxable $41,129,696
DP Freeze Taxable (Adjustment) $0
Total Freeze and Transfer ($312,442,694)
Freeze Adjusted Taxable Levy $3,875,568,292
I&S Tax Rate $0.4600
Collections at 100% $1,782,761,414
Divided by 100 $17,827,614.14
Historical Collection Percentage 98%
Collections at Historical Collection Percentage $17,471,062
O65 Freeze Ceiling $3,196,457.26
DP Freeze Ceiling $476,871.49
Total Freeze Ceiling $3,673,328.75
Historical Collection Percentage 98%
Total Freeze Ceiling Collections at Historical Collection Percentage $3,599,862
M&O Portion of Freeze Ceiling $2,453,092
I&S Portion of Freeze Ceiling $1,146,770
Total Estimated I&S Tax Collections for 19-20 98% $18,617,832
Debt Obligation 18,914,038
Enter Data in highlighted cells
Revenues are based on a tax rate of $.46/$100 Valuation
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Estimated Revenue Sources Budget Budget Budget Proposed
5700.00 Local Sources
5711.00 Taxes, Current Year Levy 15,354,547$ 15,354,547$ 18,617,832$ 3,263,285$
5712.00 Taxes, Prior Years - - - -
5719.00 Penalties, Interest, Other Tax Rev. 50,000 50,000.00 50,000 -
5742.00 Interest Earnings 225,000 225,000.00 175,000 (50,000)
Total Local Sources 15,629,547 15,629,547 18,842,832 3,213,285
5800.00 State Sources
5829.00 State Program - ASAHE - - - -
5829.57 State Program - Facilities New - - - -
5829.58 State Program - EDA - - - -
5829.59 State Program - IFA - - - -
Total State Sources - - - -
7911.00 Other Sources - - -
Total Budgeted Revenue Sources 15,629,547$ 15,629,547$ 18,842,832$ 3,213,285$
Expenditures
71 Debt Service
6511.00 Bond Principal 1,421,130$ 1,421,130$ 2,876,662$ 1,455,532$
6521.00 Interest on Bonds 15,246,109 15,246,109 26,498,745 11,252,636
6599.00 Other Debt Service Fees 1,000 1,000 - (1,000)
Total Function 71 16,668,239 16,668,239 29,375,407 12,707,168
Total Expenditures 16,668,239$ 16,668,239$ 29,375,407$ 12,707,168$
Estimated Change in Fund Balance (1,038,692)$ (1,038,692)$ (10,532,575)$
Estimated Ending Fund Balance at 19,064,256$
6/30/2020
Usual Debt Obligation 18,914,038$
Hutto Independent School District
Debt Service Fund Proposed Budget
2020 - 2021
Hutto ISD Budget and Tax Rate Public Meeting
Debt Service Fund Expenditures
2019 – 2020 Debt Obligation Principal $ 1,421,129Interest $15,246,108
Total $16,667,237
2020 – 2021 Debt Obligation Principal $ 1,554,233Interest $17,359,804
Total $18,914,037
Increase $ 2,246,800
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 20
AnnualYear Principal Interest(A) Debt Service(A)
2019/20 1,421,129.45$ 16,788,384.46$ 18,209,513.91$ 2020/21 1,554,233.20 17,359,804.32 18,914,037.52 2021/22 1,916,486.65 17,318,900.87 19,235,387.52 2022/23 1,716,874.25 17,941,463.27 19,658,337.52 2023/24 5,008,577.80 15,768,309.72 20,776,887.52 2024/25 8,640,000.00 13,507,287.52 22,147,287.52 2025/26 9,000,000.00 13,146,837.52 22,146,837.52 2026/27 9,380,000.00 12,766,662.52 22,146,662.52 2027/28 9,810,000.00 12,333,556.28 22,143,556.28 2028/29 10,280,000.00 11,867,756.28 22,147,756.28 2029/30 10,385,000.00 11,378,043.78 21,763,043.78 2030/31 10,835,000.00 10,924,662.52 21,759,662.52 2031/32 11,235,000.00 10,528,912.52 21,763,912.52 2032/33 11,690,000.00 10,073,975.02 21,763,975.02 2033/34 12,190,000.00 9,570,481.26 21,760,481.26 2034/35 12,660,000.00 9,101,900.02 21,761,900.02 2035/36 13,125,000.00 8,635,956.26 21,760,956.26 2036/37 13,655,000.00 8,108,368.76 21,763,368.76 2037/38 14,210,000.00 7,552,118.76 21,762,118.76 2038/39 14,795,000.00 6,968,106.26 21,763,106.26 2039/40 15,410,000.00 6,353,318.76 21,763,318.76 2040/41 16,050,000.00 5,713,443.76 21,763,443.76 2041/42 16,745,000.00 5,014,193.76 21,759,193.76 2042/43 17,475,000.00 4,284,562.50 21,759,562.50 2043/44 8,357,379.75 13,405,370.25 21,762,750.00 2044/45 12,322,833.25 9,439,304.25 21,762,137.50 2045/46 19,185,000.00 2,578,375.00 21,763,375.00 2046/47 7,645,000.00 1,677,150.00 9,322,150.00 2047/48 7,995,000.00 1,324,600.00 9,319,600.00 2048/49 8,365,000.00 955,350.00 9,320,350.00 2049/50 1,665,000.00 568,500.00 2,233,500.00 2050/51 1,750,000.00 485,250.00 2,235,250.00 2051/52 1,835,000.00 397,750.00 2,232,750.00 2052/53 1,930,000.00 306,000.00 2,236,000.00 2053/54 2,025,000.00 209,500.00 2,234,500.00 2054/55 2,165,000.00 54,125.00 2,219,125.00
Total 324,427,514.35$ 294,408,281.20$ 618,835,795.55$
__________
Hutto Independent School DistrictOutstanding Unlimited Tax Debt Service By Principal And Interest
(A) Interest on the District's Variable Rate Unlimited Tax School Building Bonds, Series 2015 iscalculated at a 3.00% coupon through July 31, 2020 and an assumed 5.00% coupon thereafter.
Note: Debt service payments reflect payments from September 1 through August 31.
1-2
Hutto ISD Budget and Tax Rate Public Meeting
Food Service Fund
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 21
Increase/
(Decrease)
2019 - 2020
2019 - 2020 2019 - 2020 2020 - 2021 Original to
Original Amended Proposed 2020 - 2021
Estimated Revenue Sources Budget Budget Budget Proposed
5700.00 Local Sources
5751.00 A La Cart Sales 1,244,844$ 1,244,844$ 1,292,148$ 47,304$
Total Local Sources 1,244,844 1,244,844 1,292,148 47,304
5800.00 State Sources
5829.00 State Matching Summer Feeding Pgm 21,000 21,000 21,000 -
Total State Sources 21,000 21,000 21,000 -
5900.00 Federal Sources
5921.00 National School Breakfast Program 538,764 538,764 559,237 20,473
5922.00 National School Lunch Program 1,401,032 1,401,032 1,454,271 53,239
5923.00 USDA Commodities 236,719 236,719 245,714 8,995
5939.00 Summer Feeding Program 20,000 20,000 20,000 -
Total Federal Sources 2,196,515 2,196,515 2,279,223 82,708
Total Budgeted Revenue Sources 3,462,359$ 3,462,359$ 3,592,371$ 130,012$
Expenditures
35 Food Service
6100.00 Payroll 1,327,301$ 1,327,301$ 1,331,131$ 3,830$
6200.00 Contracted Services 519,501 519,501 571,451 51,950
6300.00 Supplies and Materials 1,577,457 1,577,457 1,637,400 59,943
6400.00 Other Operating Expenses - - - -
Total Expenditures 3,424,259$ 3,424,259$ 3,539,982$ 115,723$
Estimated Change in Fund Balance 38,100$ 38,100$ 52,388$
Hutto Independent School District
Food Service Fund Proposed Budget
2020 - 2021
Hutto ISD Budget and Tax Rate Public Meeting
Questions?
INSPIRING EXCELLENCE IN ACADEMICS, CHARACTER AND COMMUNITY! 22
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