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TABLE OF CONTENTS i
Table of Contents continued
General Fund....................................................................................................................................16
Five Year Summary of Revenues & Expenditures .......................................................................17
General Fund Revenue Source Trends (Graph)............................................................................18
General Fund Expenditures by Major Object (Graph) .................................................................19
Expenditures by Major Functional Category (Graph) ..................................................................20
General Fund Fixed Costs (Chart) ................................................................................................21
General Fund-Fund Balance & Percentage of Actual Expenditures (Graph)...............................22
Budget Percentage Increase (Decrease) Over Time – Including Chapter 41 & TIF (Graph).......23
Budget Percentage Increase (Decrease) Over Time – Excluding Chapter 41 & TIF (Graph) .....24
TABLE OF CONTENTS ii
Table of Contents continued
Student Information ........................................................................................................................31
Student Enrollment (Graph)..........................................................................................................32
Students Economically Disadvantaged (Graph) ...........................................................................33
Ethnic Distribution (Graph) .........................................................................................................34
The primary purpose of this booklet is to provide budget information regarding the 2009-
2010 Budget in a “quick-to-read” format, which utilizes graphs and charts comparing
prior year information to the 2009-2010 budget.
Contact Information:
Mark Hyatt, CPA Bonnie Halsey, CPA/RTSBA
Assistant Superintendent Support Services Executive Director of Finance
(972) 968-6104 (972) 968-6112
hyattt@cfbisd.edu halseyb@cfbisd.edu
Thank you for your interest in the Carrollton-Farmers Branch ISD 2009-2010 budget.
Mark Hyatt and Bonnie Halsey
EXECUTIVE SUMMARY 1
CHAPTER 41 WEALTH EQUALIZATION 2
What is a Chapter 41 District?
In the past, the District was defined by the state as high property wealth. Resources were recovered for
the purpose of sharing them with low-wealth districts.
House Bill 3646 changed the equalized wealth level to $476,500 (was $374,200 under HB 1) in property
value per student in weighted average daily attendance for up to $1.06 in General Fund tax revenue.
Pennies above $1.06 in General Fund tax revenue have an equalized wealth level of $319,500.
Calculation uses:
Prior year’s property value of the district (as certified by the Comptroller).
The count of students in weighted average daily attendance (WADA) (current year estimate).
Wealth per Student = District’s Prior Year Tax Base/Chapter 41 WADA Current Year.
C-FB ISD’s wealth for 2009-2010 equals $439,427. Since this is below the equalized wealth level and
the District is at $1.04 General Fund tax rate, there will not be a Chapter 41 payment in 2009-2010.
This will be the first year since 1993-1994 that the district has not had a Chapter 41 payment.
$60,000,000
$50,000,000
$40,000,000
$30,000,000
$20,000,000
$10,000,000
$0
2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 *2008-09 *2009-10
2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 *2008-09 *2009-10
Amount $44,953,066 $50,255,412 $53,992,043 $48,764,272 $41,232,500 $35,669,887 $27,662,926 $12,636,919 $19,653,455 $0
Beginning Beginning
Audited Audited Audited Budget Budget Increase % %
2005-06 2006-07 2007-08 2008-09 2009-10 (Decrease) Change Of Total
Revenues
Local & Intermediate
Tax Revenues $40,625,258 $44,218,476 $46,696,507 $48,152,565 $44,162,056 ($3,990,509) -8.29% 99.77%
Interest Income $387,817 $494,474 $384,206 $370,000 $100,300 ($269,700) -72.89% 0.23%
Total Revenue $41,013,075 $44,712,950 $47,080,712 $48,522,565 $44,262,356 ($4,260,209) -8.78% 100.00%
Expenditures
71 Debt Services
Principal $22,695,230 $18,656,322 $23,667,961 $28,648,711 $27,060,000 ($1,588,711) -5.55% 61.14%
Interest $18,300,959 $23,349,859 $23,177,464 $19,867,854 $17,196,356 ($2,671,498) -13.45% 38.85%
Issuance Costs & Fees $3,650 $485,611 $74,019 $6,000 $6,000 $0 0.00% 0.01%
Total Expenditures $40,999,839 $42,491,792 $46,919,444 $48,522,565 $44,262,356 ($4,260,209) -8.78% 100.00%
DEBT SERVICE 6
Debt Service Fund
Revenue Sources (*budget)
$25,730,176 2000-01
$29,669,470
$29,670,034 2001-02
$30,124,778
2002-03
$35,097,971
Tax Revenue $40,625,258 2003-04
$44,218,476
$46,696,507 2004-05
$48,274,208
$44,162,056
2005-06
2006-07
2007-08
$386,169
$169,590 2008-09*
$96,608
$78,474 2009-10*
$201,993
Interest Income $387,817
$494,474
$384,206
$73,212
$100,300
DEBT SERVICE 7
DEBT SERVICE PAYMENTS TO
General Fund Expenditures
$300,000,000
GF Expenditures
$250,000,000 DS Expenditures
$200,000,000
$150,000,000
$100,000,000
*
B
u
d
g
e
t
$50,000,000
$0
0
01
02
03
04
05
06
07
08
00
01
20
20
20
20
20
20
20
20
*2
*2
DEBT SERVICE 8
Carrollton-Farmers Branch ISD
Debt Service Fund
DEBT SERVICE 9
DEBT SERVICE FUND
BALANCE TREND (*estimated)
2000-01 $2,242,921
2001-02 $2,202,602
2002-03 $1,485,405
2003-04 $910,710
2004-05 $696,204
2005-06 $1,062,173
2006-07 $2,981,791
2007-08 $2,862,959
*2008-09 $2,687,814
*2009-10 $2,687,814
$0
00
00
00
00
00
00
00
,0
,0
,0
,0
,0
,0
,0
00
00
00
00
00
00
00
$5
,0
,5
,0
,5
,0
,5
$1
$1
$2
$2
$3
$3
DEBT SERVICE 10
Quick Bonded Debt Facts
Outstanding Bonded Debt: $355,595,000
Bond Rate (Permanent School Fund Guaranteed): Aaa Moody’s Investor Service;
AAA Standard & Poor’s Corp.
Bond Rate (without the Permanent School Fund Guarantee): Aa2 Moody’s Investor
Service; AA Standard & Poor’s Corp.
DEBT SERVICE 11
FOOD SERVICE FUND 12
Carrollton-Farmers Branch ISD
Food Service Fund
Five Year Summary of Revenues and Expenditures
Beginning Beginning
Audited Audited Audited Budget Budget Increase % %
2005-06 2006-07 2007-08 2008-09 2009-10 (Decrease) Change Of Total
Revenues
Local & Intermediate Revenue $3,180,398 $3,045,184 $3,278,092 $2,844,100 $2,546,330 (297,770) -10.47% 25.07%
State Revenue $75,996 $76,981 $79,522 $85,000 $80,091 (4,909) -5.78% 0.79%
Federal Revenue $5,922,740 $6,292,642 $7,327,118 $7,651,500 $7,529,721 (121,779) -1.59% 74.14%
Total Revenue $9,179,134 $9,414,807 $10,684,732 $10,580,600 $10,156,142 (424,458) -4.01% 100.00%
Expenditures
35 Food Service $9,670,772 $9,899,751 $11,067,175 $10,580,600 $10,156,142 (424,458) -4.01% 100.00%
Total Expenditures $9,670,772 $9,899,751 $11,067,175 $10,580,600 $10,156,142 (424,458) -4.01% 100.00%
$2,844,100
2005-06
ve
$2,546,330
Re
2006-07
e
iat
$79,537
ed
$80,666
2007-08
rm
$79,473
$75,996
te
2008-09*
In
$76,981
e
nu
l&
$79,522
2009-10*
ve
$85,000
ca
$80,091
Re
Lo
*Budget
e
at
St
$4,463,015
$4,902,360
$5,499,545
$5,922,740
$6,292,642
ue
$7,327,118
en
$7,651,500
ev
$7,529,721
lR
ra
de
$0
00
00
00
00
Fe
0
00
,0
,0
,0
,0
0,
00
00
00
00
00
,0
,0
,0
,0
0,
$2
$4
$6
$8
$1
Payroll
Purchased Services
Other Operating
0
0
$0
00
00
00
00
00
0,
0,
0,
0,
0,
0
0
,0
,0
,0
,0
,0
$1
$2
$3
$4
$5
Payroll Purchased Services Supplies & Materials Other Operating
Beginning Beginning
Audited Audited Audited Budget Budget Increase % %
2005-06 2006-07 2007-08 2008-09 2009-10 (Decrease) Change Of Total
E stimated Revenu es
LOCAL AND INTERM EDIATE
Tax Revenues $187,394,100 $180,032,968 $149,105,035 $155,846,78 9 $151,960,535 ($3,886,254) -2.49% 71.51%
Other Local $5,580,545 $6,596,633 $4,721,748 $4,130,64 4 $2,060,071 ($2,070,573) -50.13% 0.97%
STATE
Per Capita and other state revenue $12,405,575 $29,525,407 ($26,322,213) $55,737,39 0 $48,604,256 ($7,133,134) -12.80% 22.87%
On-behalf Retirem ent Paym ent $7,150,238 $7,190,625 $91,946,969 $9,052,36 3 $9,665,256 $612,893 6.77% 4.55%
FEDERAL
Direct $1,098,375 $335,672 $193,196 $360,00 0 $200,000 ($160,000) -44.44% 0.09%
Total Estim ated Revenue $213,628,834 $223,681,305 $219,644,735 $225,127,18 6 $212,490,118 ($12,637,068) -5.61% 100.00%
E stimated Change i n Fund Balance $2,241,055 $9,557,611 ($2,524,462) ($13,433,67 5) ($8,204,952) $5,228,723
E stimated Fund Balance 9/1 $53,214,968 $55,456,024 $65,013,634 $62,489,17 2 $52,489,172 ($10,000,000)
E stimated Year-end adjustment $3,433,67 5 ($3,433,675)
E stimated Fund Balance 8/31 $55,456,024 $65,013,634 $62,489,172 $52,489,17 2 $44,284,220 ($8,204,952)
GENERAL FUND 17
General Fund Revenue Source Trends
- Last 10 Years *budget
00
,0
00
,0
50
00
$2
0
0,
00
00,
00
$2
0
0,
00
50,
00
$1
0
0,
00
0 0,
00
$1
0
0,
00
0,
$5
$0
2001 2002 2003 2004 2005 2006 2007 2008 *2009 *2010
Property Tax Other Local State Federal
Note: Revenue above does not reflect the reduction required for wealth equalization (Chapter 41
payments). Revenue less the Chapter 41 payment might be a better indicator of resources the
district has for operations. See page 4 of this document for a graph of Chapter 41 payments.
GENERAL FUND 18
GENERAL FUND
EXPENDITURES BY MAJOR OBJECT
(*Budget)
Payroll
Debt Service
Capital Outlay
$0
00
00
00
,00
0,0
0,0
0,0
00
,00
,00
,00
0,0
00
50
00
$5
$1
$1
$2
GENERAL FUND 19
EXPENDITURES BY MAJOR
FUNCTIONAL CATEGORY
Intergovernmental,
JJAEP, TIF
7%
GENERAL FUND 20
Category Budget Amount % of Total Budget
Payroll $171,400,000 77.66%
Equalized Wealth Payment $0 0.00%
Tax Increment Finance Payment $14,191,000 6.43%
Utilities $9,237,650 4.19%
Student Transportation $3,200,000 1.45%
Appraisal District $998,000 0.45%
Insurance & Bonding $838,245 0.38%
Copier Rentals $702,522 0.32%
Region Ten Computer Service Contract $810,025 0.37%
Legal $220,000 0.10%
Audit $62,500 0.03%
Election Costs $51,000 0.02%
Sum $201,710,942 91.40%
GENERAL FUND 21
GENERAL FUND - FUND BALANCE
and PERCENTAGE of ACTUAL EXPENDITURES
in $1,000's of dollars (*Estimated)
$70,000
$60,000
$50,000
$40,000
$30,000
$20,000
$10,000
$0
2001 2002 2003 2004 2005 2006 2007 2008 *2009 *2010
GF Fund Bal $40,583 $48,641 $47,424 $49,568 $53,215 $55,456 $65,014 $62,489 $52,489 $44,284
% Tl Bdgt 20.81% 23.01% 21.69% 22.79% 25.56% 26.14% 30.36% 28.33% 22.35% 20.07%
Days Operating 99 112 108 110 119 117 130 115 95 78
GENERAL FUND 22
Budget % Increase (Decrease) Over
Time - Including Chapter 41 & TIF
(Beginning Budgets)
15.00%
12.24%
2000-01
11.29%
2001-02
10.00% 2002-03
6.71% 2003-04
5.00% 2004-05
3.42%
2.80% 2005-06
2006-07
0.32%
0.00% -0.26% 2007-08
-1.29%
2008-09
2009-10
-5.00% -5.03%
-7.49%
-10.00%
GENERAL FUND 23
Budget % Increase
(Decrease)Over Time -
Excluding Chapter 41 & TIF
10.00%
2000-01
8.43%
8.00% 2001-02
6.78%
6.37%
2002-03
6.00% 5.39% 2003-04
2004-05
3.88%
4.00% 3.81%
2005-06
2.49%
2006-07
2.00% 1.36%
2007-08
2008-09
0.00%
-0.74%
2009-10
-1.26%
-2.00%
GENERAL FUND 24
STAFF DATA 25
Staff Average Salaries
2008-2009
STAFF DATA 26
Full-Time Staff Counts
Actual Budget
2008-09 2009-10
STAFF DATA 27
General Fund Payroll by Major Object
2003-04 - 2009-10
Actual Actual Actual Actual Actual Budget Budget
2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10
Substitute Pay for Professional Personnel* $1,780,790 $1,692,679 $1,675,537 $1,775,850 $1,764,169 $1,824,682 $2,273,874
Substitute Pay for Professional Personnel-No Teachers/ $26,429 $27,625 $43,310 $31,840 $48,689 $0 $0
Other Salaries for Teachers & Other Professionals $2,534,058 $2,443,089 $2,647,705 $2,951,933 $2,896,699 $2,834,432 $3,400,000
Professional Personnel - Stipends $1,282,434 $1,359,572 $1,490,133 $2,770,689 $3,037,519 $3,603,040 $3,660,682
Salaries for Teachers and Other Professionals $92,912,378 $92,738,762 $98,126,119 $103,949,417 $113,594,978 $115,913,126 $116,066,863
Sub-Total Professional Pay $98,536,088 $98,261,727 $103,982,804 $111,479,729 $121,342,054 $124,175,280 $125,401,419
Extra Duty Pay - Overtime $775,098 $728,904 $731,123 $860,520 $1,087,117 $1,154,363 $1,003,348
Salaries or Wages for Substitute Support Personnel ** N/A N/A N/A N/A N/A $594,849 $370,519
Part-time, Temporary, Substitutes for Clerical* $1,126,499 $580,833 $616,077 $638,536 $635,355 $165,545 $213,709
Salaries for Support Personnel $17,855,547 $16,487,929 $17,459,003 $18,784,021 $20,291,409 $22,159,956 $20,404,496
Sub-Total Support Pay $19,757,144 $17,797,666 $18,806,203 $20,283,077 $22,013,881 $24,074,713 $21,992,072
Contract buyouts $488,850 $0 $0 $0 $0 $0 $0
Longevity Pay for Professionals beginning 2008-09* N/A N/A N/A N/A N/A $295,854 $333,000
Longevity Pay for Support Staff beginning 2008-09** N/A N/A N/A N/A N/A $129,792 $121,500
Employee Allowances $156,965 $179,172 $185,571 $195,731 $205,004 $285,373 $357,816
Sub-Total $645,815 $179,172 $185,571 $195,731 $205,004 $711,019 $812,316
Social Security & Medicare $1,683,996 $1,497,356 $1,596,498 $1,708,237 $1,874,972 $2,180,783 $2,006,124
Group Health & Life Insurance $8,459,191 $8,041,774 $8,399,331 $8,905,698 $9,134,801 $9,433,104 $7,027,236
Workers' Compensation $2,325,580 $1,725,495 $1,462,548 $1,150,759 $1,152,971 $1,199,415 $1,045,347
Teacher Retirement On-Behalf Payments $6,932,621 $6,657,327 $7,150,238 $7,190,625 $9,194,969 $9,052,363 $9,665,256
Unemployment Compensation $80,848 $80,386 $82,778 $81,153 $80,959 $81,365 $80,589
Teacher Retirement - TRS Care $1,544,490 $1,554,883 $2,100,150 $2,264,284 $2,774,885 $2,552,285 $3,276,413
Employee Allowances $498,879 $159,335 $202,785 $192,590 $219,406 $250,381 $93,228
Annuities $14 $0 $0 $0 $0 $0 $0
Sub-Total Benefits $21,525,619 $19,716,556 $20,994,329 $21,493,346 $24,432,962 $24,749,696 $23,194,193
STAFF DATA 28
2009-2010 CARROLLTON-FARMERS BRANCH ISD
TEACHER NEW HIRE SALARY SCHEDULE
187 DAYS
STAFF DATA 29
Personnel by Ethnicity & Sex
FTE's Percent
3,371.3 100.0%
White 2,295.7 68.1%
Hispanic 627.4 18.6%
Black 249.7 7.4%
Other 198.5 5.9%
Teachers by
Highest Degree Held
FTE's Percent
No Degree 7.0 0.4%
Bachelors 1,372.6 75.4%
Masters 432.6 23.8%
Doctorate 9.0 0.5%
Teachers by
Years of Experience
FTE's Percent
Beginning Teachers 134.1 7.4%
1-5 Years Experience 722.2 39.7%
6-10 Years Experience 403.2 22.1%
11-20 Years Experience 341.0 18.7%
Over 20 years Experience 220.9 12.1%
STAFF DATA 30
STUDENT INFORMATION 31
Student Enrollment
(* estimated based on Demographic Study & District
Information)
2000
2001
2002
2003
2004
2005
2006
2007
2008
*2009
*2010
*2011
*2012
2000 2001 2002 2003 2004 2005 2006 2007 2008 *2009 *2010 *2011 *2012
Enrollment 23,229 24,146 25,002 25,548 25,638 25,860 26,231 26,252 26,397 26,257 26,300 26,300 26,300
STUDENT INFORMATION 32
Students Economically Disadvantaged
(Source: PEIMS Edits + Economically Disadvantaged Students Report)
STUDENT INFORMATION 33
Ethnic Distribution
(Source: PEIMS Edit + Student Data Review)
60%
2000-01
50% 2001-02
2002-03
40% 2003-04
2004-05
30% 2005-06
2006-07
20%
2007-08
10% 2008-09
0%
te
ic
er
er
Is
an
hi
Am
Am
ic
W
sp
cif
e
Hi
an
Pa
tiv
ric
n/
Na
Af
ia
As
STUDENT INFORMATION 34
TAX VALUES & TAX RATES 35
Tax Value Trend
(Assessed Value Equals Taxable Value)
Source: Certified Tax Rolls
2001 10.01%
$15,000,000,000 8%
6%
4%
$10,000,000,000
2%
0%
$5,000,000,000 -2%
-4%
$0 -6%
01
02
03
04
05
06
07
08
*
09
10
20
20
20
20
20
20
20
20
20
20
Total % Change
Requirements
Proposed Expenditure Budget $220,695,070 $44,262,356 $264,957,426
Total Requirements $220,695,070 $44,262,356 $264,957,426
Resources
Other than Tax Levy:
State Revenue $48,579,257 $0 $48,579,257
Federal Revenue $200,000 $0 $200,000
TRS On-Behalf $9,665,256 $0 $9,665,256
Other Local Revenues $2,060,071 $100,300 $2,160,371
Total Non-Tax Revenues $60,504,584 $100,300 $60,604,884
Other Sources
Operating Transfers In $0 $0 $0
ACRONYMS 42