HOUSTON INDEPENDENT SCHOOL DISTRICT

ANALYSIS OF PROJECTIONS FOR THE 2013-2014 GENERAL FUND OPERATING BUDGET

3
Tax Increase
1 to I&S

Current Tax Rate

Revenues
Local
State
Federal
Other sources
Total revenues

1,220,874,993
319,556,772
5,752,233
38,360,550
1,584,544,548

1,245,030,793
327,975,509
5,752,233
38,260,550
1,617,019,085

3.42
Tax Increase
1.42 to I&S

1,245,129,467
328,035,350
5,752,233
38,260,550
1,617,177,600

4
Tax Increase
2 to I&S

1,245,264,593
328,037,257
5,752,233
38,260,550
1,617,314,633

Appropriations
Carryover appropriations
Anticipated Fallout
Mandatory increases
Budget adjustments with offsetting revenues
Salary Increase (2% all staff)
Budget increases
Change in transfers of .04 pennies
Budget decreases
Adjusted Beginning appropriations, net of fallout

Remaining Deficit to be funded

1,579,484,586 $
(60,000,000)
1,544,332
(5,679,346)
19,708,113
90,906,045
16,512,773
(9,107,755)
1,633,368,748 $

1,579,484,586 $
(60,000,000)
1,544,332
(5,344,214)
19,708,113
90,906,045
4,818,903
(9,107,755)
1,622,010,010 $

1,579,484,586 $
(60,000,000)
1,544,332
(5,344,214)
19,708,113
90,906,045
(101,917)
(9,107,755)
1,617,089,190 $

1,579,484,586
(60,000,000)
1,544,332
(5,176,648)
19,708,113
90,906,045
(6,898,683)
(9,107,755)
1,610,459,990

$ (48,824,200) $ (4,990,925)

$ 88,410

$ 6,854,643

Total Formula Funding Variance

Due to change in property taxes-dollar amount - varies by the distribution of M&O
to I&S rate to the frozen levy and the tax rate
State Aid Variance due to additional Tier II funding and ASATR calculation

$
$

237,774 $
(353)
237,421 $

98,674
59,841
158,515

82.19%
17.81%
100.00%

82.19%
17.81%
100.00%

$
$

233,800
61,748
295,548

Local vs. State Funding Distribution (does not include TRS On-behalf of payments)
Local Funding
State Funding
Total

9/28/13

82.37%
17.63%
100.00%

Financial Analysis 2013-2014 v16.10.xlsx

82.19%
17.81%
100.00%

Other Increases
North Forest Annexation
Supplemental instructional time and services for low performing schools
Intervention funding for reading and math failures
Gasoline for Buses
Appraisal District Fees
AP/IB Testing
Formative Assessment -Public Consulting Group-EdPlan
iStation
Retiree Sick Leave
Formative Assessment -Staffing IT, Research
Information Technology Re-organization
Chief of Major Special Projects
Reorganization - Human Resources
Transportation to and from JJAEP program
Schoolwires
Medicare
Customer Satisfaction Survey
Ethics Montoring - Ethics and Compliance Office
Reorganization - Procurement
Reorganization - Chief of Staff
Custodial for Billy Reagan K-8
Hayes/Tip Web
HR Fingerprinting staff
Reorganization - Academics
Police Officer for Billy Reagan K-8
HR subscription for recruiting software
Total Other Increases

46,632,983
16,470,544
13,912,150
3,000,000
1,664,545
1,600,000
1,400,000
897,499
750,000
685,000
666,841
542,921
532,371
323,750
292,950
281,271
265,200
194,076
171,683
157,900
119,500
104,742
83,143
65,321
53,855
37,800
90,906,045