Board Meeting May 13, 2010 Compensation

8/9/2019 Board Meeting May 13, 2010 Compensation

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C-FB ISD Board MeetingMay 13, 2010

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2010-112010-11BudgetBudget

DiscussionDiscussion

CompensatioCompensatio

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District Goal & SupportingObjectives

The Goal of the Carrollton-FarmersBranchISD is high achievement for allstudents.

Supporting Objectives

1) Continuously increase student achievement

2) Continuously improve the learning environmentfor students and staff

3) Continuously increase operational effectiveness

4) Continuously increase stakeholder confidenceand support of our school system


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Reminder

Budgets are made up of

ESTIMATESusing past trendsand current knowledge

ALL DETAILSare subject toCHANGEas new informationbecomes available


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Budget ModelAssumptions

Current State Funding Model will beaccurate for 2010-2011 (currently on version 9, 10, 11, 1212)

Refined Average Daily Attendance willbe similar to 2009-2010 4thSix Weeks

Tax Roll Reduction 7%

General Fund Tax Rate $1.04 (shrinkage3%)

Compensation Increase for all Staff2.5%

Program reductions


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Current

BudgetEstimate

Current

BudgetEstimate


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Genera l FundRevenue

Orig ina l Bud getProposed B udgetP ro p os e d B u d ge t In cr ea se

2 009 -201 0 2 010 -2011 20 10-20 11 (D ec re ase )

A p ril 2 2 , 2 0 1 0 M a y 1 3, 2 0 1 0

Assessed Valuat ion $14,909,785,600 $14,611,589,888$13,865,552,999 ($746,036,88Tax R ate - Com pression rate of 66.67% $1.00 $1.00 $ 1.0 0 $0.0 0

Tax R ate - Part ia l ly Subje ct to R ecapture ($0.07) $0.04 $0.04 $ 0.0 4 $0.0 0Total Tax Rate $1.04 $1.04 $ 1.0 4 $0.0 0

Shrinkage Factor 9 8.00 % 97 .00% 97.00 % 0.00 %

Est imated Revenu e

Tax R evenue $1.00/$100 Va luation $ 1 4 6,1 2 3 ,2 0 5 $ 1 41 ,7 3 9,5 0 9 $ 1 3 4,5 0 2,5 8 9 ($7,236,92Tax R evenue @ $0.04/$100 Va luat ion $ 5,8 37 ,3 30 $ 5,6 62 ,2 10 $ 5,3 73 ,1 10 ($289,100Taxes, Prior Yea r, Penal ty & Interest $1 1 3,74 0 $100 ,000 $ 100 ,00 0 $0

Sub-Total Tax $ 1 5 2,0 7 4 ,2 7 5 $ 1 47 ,5 0 1,7 1 9 $ 1 3 9,9 7 5,6 9 9 ($7,526,02

Other Local $1 ,9 46,331 $ 1,31 7,0 70 $1 ,317 ,07 0 $0

Total Local $ 1 5 4,0 2 0 ,6 0 6 $ 1 48 ,8 1 8,7 8 9 $ 1 4 1,2 9 2,7 6 9 ($7,526,02

State

Formula $ 42 ,8 2 7,7 59 $ 4 4,6 23 ,5 39 $ 55 ,7 41 ,7 9 9 $ 11 ,1 1 8,2 6State Fed eral S tabi l ization $ 7 ,5 6 0,4 25 $ 1 2,1 03 ,0 44 $ 8 ,1 38 ,5 3 8 ($3,964,50Discipl inary Al ternat ive Ed $2 5,000 $2 5,0 00 $25,000 $0TRS On-Beha l f $9 ,6 65,256 $ 9,71 1,9 41 $9 ,711 ,94 1 $0

Total State $ 60 ,0 7 8,4 40 $ 6 6,4 63 ,5 24 $ 73 ,6 17 ,2 7 8 $ 7,1 5 3,7 5

Federa l $2 0 0,00 0 $300 ,000 $ 300 ,00 0 $0

Total Federal $2 0 0,00 0 $300 ,000 $ 300 ,00 0 $0

Total Revenu e $ 21 4,2 99 ,0 46 $2 15 ,58 2,3 13 $ 21 5,21 0,0 47 ($372,266


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G e n e r a l F u n d

E x p e n d i t u r e s

B e g in n in gP ro p o se d

B u d g e t B u d g e t In c r e a s eP e rc e n ta g eP e r c e n tS u rp lu s /(D e f ici t ) P r

20 0 9-2 01 020 10 -2 0 11(D e cr e as e )C h a n g eo f T o ta l

P a y ro l l $ 1 7 2 , 0 1 6 , 7 1 2$ 1 7 2 , 0 0 0 , 0 0 0 ( $ 1 6 , 7 1 2 ) - 0 .0 1 % 7 7 . 2 7 % ( $7 , 3 83 , 1 22 )

P u r c ha s e d S e rvic e s $ 1 0 , 47 7 ,1 1 3$ 1 0 , 2 5 8 , 7 6 0( $ 2 1 8 , 3 5 3 ) -2 .0 8 % 4 .6 1 %

D a l l a s C o T r a n s p o r t a t io n$ 3, 2 00 ,0 00$ 3, 2 30 ,0 00 $ 30 ,0 00 0 .9 4% 1 . 4 5% F u n d B ala n c e P r o j

U t i l i t i e s $ 9 , 2 3 7 , 6 5 0$ 8 , 5 3 2 , 0 5 0 ( $ 7 0 5 , 6 0 0 ) -7 .6 4 % 3 .8 3 % 8 / 3 1 /20 1 1

C h a p t e r 4 1 $ 0 $ 0 $ 0 0 . 0 0 % 0 . 0 0 % $ 5 3 , 4 5 8 , 5 8 8S u m $ 2 2 , 9 1 4 , 7 6 3$ 2 2 , 0 2 0 , 8 1 0( $ 8 9 3 , 9 5 3 ) -3 .9 0 % 9 .8 9 %

C o v e r a g e : Ap p ro x i

S u p p l ie s & M a t e ri a ls $ 1 0 , 0 9 5 ,3 6 2$ 8 , 8 8 2 , 7 9 0( $ 1 , 2 1 2 , 5 7 2 ) -1 2 .0 1 % 3 .9 9 %

D a ys o f O p e ra t io

O t h e r O p e ra t in g $ 3 , 0 3 8 , 9 0 3$ 3 , 0 9 9 , 0 6 1 $ 6 0 , 1 5 8 1 . 9 8 % 1 . 3 9 % 9 4

T IF $ 1 4 , 1 9 1 , 0 0 0$ 1 6 , 1 0 0 , 0 0 0$ 1, 9 09 ,0 00 1 3 .4 5% 7 . 2 3% P e rc e n ta g e o f B u

S u m $ 1 7 , 2 2 9 , 9 0 3$ 1 9 , 1 9 9 , 0 6 1$ 1, 9 69 ,1 58 1 1 .4 3% 8 . 6 3% 25 . 89 %

C a p i t a l O u t la y $ 2 4 7 , 2 5 8 $ 4 9 0 , 5 0 8 $ 2 4 3 , 2 5 0 9 8 . 3 8 % 0 . 2 2 %

T o ta l $ 2 2 2 ,5 03 ,9 9 8$ 2 22 , 5 93 , 1 69 $ 89 , 1 71 0 .0 4 % 1 0 0 .0 0 %


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2011-122011-12EARLYBudget

Estimate

2011-122011-12EARLYBudget

Estimate


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General FundRevenue

Orig inal Budget Proposed Budget Ear ly Estimate

2009-2010 2010-2011 2011-2012

M a y 1 3 , 2 0 10 M a y 1 3 , 2 0 10

Assessed Valuation $14,909,785,600 $13,865,552,999 $13,865,552,99

Tax R ate - Com pression rate of 66.67% $1 .00 $1.00 $1 .00Tax R ate - Par t ia lly Su bject to Recapture ($0.07) $0 .04 $0.04 $0 .04

Total Tax Rate $1 .04 $1.04 $1 .04Shr inkage Factor 98 .00% 97 .00% 97.00%

Estimated RevenueTax Re venue $1.00/$100 Valuat ion $ 1 46 ,1 2 3,2 0 5 $ 1 34 ,5 0 2,5 8 9 $ 1 34 ,5 0 2,5 8Tax Revenu e @ $0.04/$100 Valuat ion $5 ,8 37 ,3 30 $ 5,3 73 ,11 0 $ 5,3 73 ,11 0Taxes, Prior Year, Penalty & Interest $ 113 ,740 $100 ,000 $100,000Sub-Total Tax $ 1 52 ,0 7 4,2 7 5 $ 1 39 ,9 7 5,6 9 9 $ 1 39 ,9 7 5,6 9

Other Local $1 ,9 46 ,3 31 $ 1,3 17 ,07 0 $ 1,3 17 ,07 0

Total Local $ 1 54 ,0 2 0,6 0 6 $ 1 41 ,2 9 2,7 6 9 $ 1 41 ,2 9 2,7 6

State

Formu la $ 42 ,8 27 ,7 59 $ 55 ,7 41 ,7 99 $ 65 ,6 74 ,4 67State Federal Stabil ization $7 ,560 ,425 $8 ,138 ,538 $0Discip l inary Al ternative E d $25 ,000 $25 ,000 $25,000TRS On-Beha lf $9 ,6 65 ,2 56 $ 9,7 11 ,94 1 $ 9,7 11 ,94 1

Total State $ 60 ,0 78 ,4 40 $ 73 ,6 17 ,2 78 $ 75 ,4 11 ,4 08

Federal $ 200 ,000 $300 ,000 $300,000Total Federal $ 200 ,000 $300 ,000 $300,000

Total Revenue $214,299,046 $215,210,047 $217,004,17


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General FundExpenditures

B eginning P ropose d E arly

B udg et B udge t E stimate S urplu s/(D e ficit) P roje cti

2009-2010 2010-2011 2011-2012

P ay roll $172, 016, 712$172, 000,000$172, 00 0, 000 ($7,198,992)

Purchased Services $10,477,113 $10,258,760 $10,258,760

Dallas Co Transportat ion $3,200,000 $3,230,000 $3,230,000 Fund Balance Proje ctio

Utilit ies $9,237,650 $8,532,050 $8,532,050 8/31/2011

Chapter 41 $0 $0 $0 $46,259,596

S um $22,914,763 $22,020,810 $22,020,810Coverage: Approximate

Suppl ies & Ma te rial s $10 ,095,362 $8,882,790 $8,882,790

Days of Operation

O th er O pe rat in g $ 3, 03 8, 90 3 $3 ,0 99, 06 1 $ 3, 09 9, 06 1 82

TIF $14,191,000 $16,100,000 $17,710,000 Percentage of Budget

S um $17,229,903 $19,199,061 $20,809,061 22.40%

Capital Outlay $247,258 $490,508 $490,508

Total $222,503,998$222,593,169$224,203,169


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RaiseProposal

RaiseProposal


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Raise Proposal

2.5% Raise based on

2009-10 Actual Pay For all Employees

Approximate Cost IncludingIncludingBenefitsBenefits$3.4 million

Approximately $1.4 million for each1%1%

Raise

Approximately $1,149 minimum

Average $1,255 187 day teacher (depending on years ofservice)


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New Hire

Beginning Teacher Pay

$46,741

Was $45,940 for 2009-10

$801 change/Step 0


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D.A.T.E. Grant

D.A.T.E. Grant In addition to the proposed raise,

teachers may be eligible forD.A.T.E. Grant $

Eligibility

Worked in 2009-10 Return in 2010-11

Grant Funding

$1.8 million

Minimum award $835 Maximum teacher awardapprox $2,400


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C-FB ISD 10 Year History-Teacher

Percent Pay Increase * Proposed5.00%

2.50%2.20%

3.75%4.00%

2.25%

3.50%

4.50%

2.85%

2.50%

2001

-02

2002

-03

2003

-04

2004

-05

2005

-06

2006

-07

2007

-08

2008

-09

2009

-10

2010

-11*

State

MandatedRaises

+$2,50

0

+$

425

$1,309

+$1,00

0

Medical

+$50

0 Medica

l

+$500Medic

a l

+$500

Medica

l


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10 Year History of Sample

Teacher Pay Compared tothe

New Hire Schedule*proposed

2

001-02

2

002-03

2

003-04

2

004-05

2

005-06

2

006-07

2

007-08

2

008-09

2

009-

10

20

10-11*

$0

$10,000

$20,000

$30,000

$40,000

$50,000

$60,000

Sample Teacher New Hire

2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11*

$38,724 $39,724 $40,725 $42,253 $44,115 $47,608 $49,700 $52,111 $53,420 $54,755

$37,651 $38,025 $38,889 $40,273 $42,053 $45,427 $47,346 $49,020 $50,335 $51,509

Sample Teacher

New Hire


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DFWFinance Survey: PAY & RAISE2010-2011

2007-2008 2008-09 2009-10 RaiseBeginning Beginning Beginning Beginning

Teacher Teacher Teacher Teacher Non-

District Pay Pay Pay Pay Administrators Administrators

2%of 2%of

Allen $42,625 $44,500 $45,000 $46,000 midpoint midpoint

Arlington $44,000 $44,500 $45,422 $45,422 $0 $0

Birdville $46,000 $47,000 $48,000

C-FB $43,250 $45,000 $45,940 $46,741 2.50% 2.50%

Coppell $43,808 $45,370 $46,370 $47,155 2.00% 2.00%

Dallas $43,500 $44,350 $45,350 TBD TBD TBD

Duncanville $41,000 $41,000 $44,000 $45,000 3.00% 3.00%

Frisco $43,000 $44,500 $45,250 TBD TBD TBD

Garland $43,500 $45,000 $45,000 TBD TBD TBD

Grand Prairie $43,500 $45,500 $46,500 $46,500 1.5%-2% 1.5%-2%

Grapevine-Colleyville $43,000 $44,900 $46,100

HEB $46,000 $47,370 $48,308

Highland Park $44,000 $45,275 $46,055 TBD TBD TBD

Irving $44,000 $46,400 $48,300 $49,000 2.00% 2.00%

Lancaster $42,100 $43,328 $44,428 $45,250 2.50% 2.50%

Lewisville $43,700 $44,600 $44,900 TBD TBD TBD

$45,100 1%of 1%of

McKinney $43,000 $44,000 $44,900 step +$200 Midpoint Midpoint

Mesquite $43,225 $45,000 $45,900 TBD TBD TBD

Northwest $46,322 $47,000 $47,500 $47,500-$48,200 2.0%-2.5% 2.0%-2.5%

Plano $43,150 $44,250 $45,100 $46,150 2.50% 2.50%

Richardson $42,850 $44,000 $45,100 $45,800

Rockwall $43,000 $44,800 1-1.5% 1-1.5%

Wylie $40,000 $43,000 $44,000 $45,500 3.00% 3.00%

TBD-ToBeDetermined

Highest

Lowes

t

Highest

Highest

Lowe

st

Lowest

Lowest


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DFWFinanceSurvey: GFTAXRATEGF GF GF GF

Tax Tax Tax Tax

Rate Rate Rate Rate

District 2007-08 2008-09 2009-10 2010-11

Allen $1.04 $1.04 $1.04 $1.0400

Arlington $1.04 $1.04 $1.04 $1.0400

Birdville $1.04 $1.04 $1.04 $1.0400

C-FB $1.04 $1.04 $1.04 $1.0400

Coppell $1.04 $1.04 $1.04 TBD

Dallas $1.04 $1.04 $1.04 TBD

Duncanville $1.04 $1.04 $1.04 $1.0400

Frisco $0.96 $1.00 $1.00 TBD

Garland $1.04 $1.04 $1.04 $1.0400

GrandPrairie $1.04 $1.04 $1.04 $1.0400

Grapevine-Colleyville $1.04 $1.04 $1.04

HEB $1.04 $1.04 $1.04

HighlandPark $0.9767 $0.9967 $1.0125 TBD

Irving $1.00 $1.02 $1.02 $1.0400

Lancaster $1.0147 $1.0347 $1.0347 $1.0400

Lewisville $1.04 $1.04 $1.04 $1.1700

McKinney $1.04 $1.04 $1.04 $1.0400

Mesquite $1.01 $1.04 $1.04 $1.0400

Northwest $1.00 $1.00 $1.02 $1.0400

Plano $1.02 $1.04 $1.04 $1.0400

Richardson $1.04 $1.04 $1.04 $1.0400

Rockwall $1.04 $1.04 $1.04

Wylie $1.04 $1.17 $1.17 $1.1700

Maximum

Maximum


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Board Meeting May 13, 2010 Compensation

Documents

Transcript of Board Meeting May 13, 2010 Compensation