Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

22
Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA

Transcript of Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

Page 1: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

Fiscal Year 2015 Appropriations

Steven CrawfordExecutive Director of CCOSA

Page 2: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

State Budget and Funding Information

Page 3: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

Supplemental Funding for FY 2014SB 2127

Ad Valorem ReimbursementSection 133 of SB 2127

•$ 25,523,000.00 to the State Board of Education to be transferred to the Ad Valorem Reimbursement Fund

Page 4: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

FY 2015 Budget

Page 5: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

SB 2127 – GA Bill• SB2127 provides the general appropriation:– General Revenue: $ 1,055,294,547.00– 1017 Fund: $ 738,625,474.00– Technology Revolving: $ 47,372,299.00– Mineral Leasing (2015): $ 3,800,000.00– Mineral Lease (2013): $ 1,032,258.00– Lottery (2015): $

25,768,418.00– Lottery (2013): $ 5,677,781.00

TOTAL Formula FY15 $1,877,570,777.00

Page 6: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

Total Formula Dollars• FY 12 $1,815,185,159.00

• FY 13 $1,816,091,355.00• Difference FY 12-FY 13 + $ 906,196.00

• FY 14 $1,837,570,779.00• Difference FY 13-FY 14 + $21,479,424.00

• FY 15 $1,877,570,777.00• Difference FY 14-FY 15 + $39,999,998.00• Difference FY 12-FY 15 + $62,385,618.00

Page 7: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

School Land Commission

• The CLO is continuing to exercise authority to control the volatility of lease-bonus revenue through the lease-bonus stabilization fund.

• Total financial support from CLO is guaranteed at $93M for this fiscal year but CLO estimates that it will distribute between $93.4 and $93.5 Million this year!

Page 8: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

History from FY 12 to FY 15

• General Revenue Fund– FY 12: $ 1,100,640,571.00– FY 13: $ 1,007,314,081.00– FY 14: $ 986,672,876.00– FY 15: $ 1,055,294,547.00

– Difference FY12 - FY15: (-) $ 45,346,024.00– Difference FY14 - FY15: (+) $ 68,621,671.00

Page 9: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

History from FY 12 to FY 15

• 1017 Fund– FY 12: $ 634,894,569.00– FY 13: $ 726,162,530.00– FY 14: $ 767,691,714.00– FY 15: $ 738,625,474.00

– Difference FY12 - FY15: (+) $103,730,905.00– Difference FY14 - FY15: (-) $ 29,066,240.00

Page 10: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

History from FY 12 to FY 15

• Lottery Trust– FY 12: $ 28,870,789.00– FY 13: $ 29,402,815.00– FY 14: $ 30,752,468.00– FY 15: $ 25,768,418.00

– Difference: FY14 – FY15 (-) $ 4,984,050.00

Page 11: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

History from FY 12 to FY 15

• Mineral Leasing– FY 12: $ 2,850,000.00– FY 13: $ 4,376,503.00– FY 14: $ 5,081,422.00– FY 15: $ 3,800,000.00

– Difference FY14 – FY15: (-) $ 1,281,422.00

Page 12: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

The SDE Activities Budget

Page 13: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

History from FY 12 to FY 15• SDE Activities Account - Unrestricted– FY 12: $ 401,224,655.00

• Lump sum given to SDE without line items

– FY 13: $ 7,925,974.00• Lump sum given to SDE without line items

– FY 14: $ 507,772,781.00• Lump sum given to SDE without line items

– FY 15: $ 5,400,000.00• Lump sum given to SDE for school reward grants

Page 14: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

HB 3513i. FBA –

1.Certified Staff: $263,856,552.002.Support Staff: $143,824,310.003.Total Appropriation: $407,780,862.00

1. National Board Teachers: $ 11,695,000.002. Speech Path, Audiologist Bonuses:$ 3,247,350.003. Alternative Education: $ 14,027,366.004. Reading Sufficiency Act: $ 6,500,000.005. Sooner Start / Early Intervention: $ 14,417,922.006. Early Childhood Pilot Program: $ 10,500,000.007. Federal School Lunch Match: $ 4,960,288.008. OTRS Offset Credit: $ 35,311,375.009. Textbook Funding to SDE: $ 33,000,000.00

Page 15: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

Programs in HB 3513– OPAT $ 1,000,000.00– Rural Infant Stimulation Program $

529,943.00– Summer Arts Institute $ 350,000.00– Ag in the Classroom $

38,675.00– General Ed Development Test $ 0.00– Financial Literacy $ 150,000.00

– Part of Reform Implementation

– ACE $ 8,000,000.00– Advanced Placement Inc. $ 4,150,000.00

Page 16: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

Reform Implementation ($42,859,836.00)• K-20 OAS Standards PD $ 564,000.00• K-20 STEM-Ready Elem Schools $ 300,000.00• Think Through Math $ 1,800,000.00• Staff Development $ 4,250,000.00• TLE VAM $ 2,000,000.00• 3rd Grade Reading Readiness $ 2,500,000.00• Student Information Data System $ 1,845,836.00• REAC3H Coaches $ 0.00• Testing $ 3,000,000.00• Teach for America $ 2,500,000.00• School Rewards Grant Pool $ 5,400,000.00

Page 17: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

Total Appropriations Comparison

FY 2012

$ 2,278,158,382.00

FY 2014

$ 2,407,604,102.00

FY 2013

$ 2,333,604,082.00

FY 2015

$ 2,479,424,061.00

Page 18: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

SB 1469 – Moratorium on Accreditation Standards

• SB 1469, passed in 2014, extended the moratorium on withdrawal of accreditation for failure to meet certain requirements:– Class size– Library / Media Expenditure– Textbooks

• Moratorium is effective until June 30, 2016.

Page 19: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

History of Funding Factors• Initial FY12: $ 3,041.40 per WADM– 1,030,947.83 WADM

• End of Year FY12: $ 3,040.20 per WADM– 1,053,066.77 WADM

• End of Year FY13: $ 3,035.00 per WADM– 1,071,320.35 WADM

• Mid-Year FY14: $ 3,032.00 per WADM– 1,088,759.91 WADM

Page 20: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

July 2014 Factors Mid-term Set Aside

$1,877,570,777 X 1.5% = $28,163,561Chargeable Growth

Approx. $40,000,000New Formula $$

$39,999,998July Weighted ADM Adjustment

-8287.6 students X $3,032 = $25,128,003

Page 21: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

• New Formula SS $105,128,001

• Less Set Aside 28,163,561

• Less Set Aside Charter/LNH 15,000,000

• $61,964,440 divided by 1,088,759 = 56.91

• $3032.00 + 56.91 = $3088.91

Page 22: Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA.

Questions?