BOARD OF TRUSTEES ADMINISTRATORS

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2 BOARD OF TRUSTEES Anthony Hill, President Susie Kemp, Vice President Thom Hulme, Secretary David Apple, Member Judy Barbo, Member Amy Dungan, Member Tracy Fisher, Member ADMINISTRATORS Jeff N. Turner, Ed. D., Superintendent Marilyn Denison, Ed. D., Assistant Superintendent for Curriculum and Instruction Sid Grant, CTSBO, Assistant Superintendent for Business & Support Services Brad Hunt, Assistant Superintendent of Administration Kelly Penny, RTSBA, Chief Financial Officer Document Prepared By: Kelly Penny, RTSBA, Chief Financial Officer Sid Grant, CTSBO, Assistant Superintendent for Business & Support Services Vicky Cason, Tasha Alexander, and Beverly Waite, Office Support Staff Coppell Independent School District s Mission Statement The mission of the Coppell Independent School District, as a committed and proven leader in educational excellence, is to ensure our learners achieve personal success, develop strong moral character, and become dynamic leaders and global citizens with a zeal for service by engaging each individual through innovative learning experiences led by visionary staff and progressive community. 200 S. Denton Tap Road Coppell, Texas

3 BUDGET HIGHLIGHTS Tax Rates: Maintenance & Operations: $1.17; Debt Service $ Projected Enrollment: 11,282 *Weighted Average Daily Attendance: 12,152 *Refined Average Daily Attendance: 10,820 3% raise for all staff Beginning Teacher s Salary: $49,300 ed Recapture Payment to State: $18,433,335 ed Current Year Property Taxes: o Maintenance and Operations $91,533,816 o Debt Service $20,528,610 Start-Up Cost for Lee Elementary ed Revenue of $117,232 from the City of Coppell for Crossing Guards New supplemental Medical Program Teledoc Coppell ISD monthly medical contribution to each Employee of $311 *Defined on page 60 & 61 1

4 Executive Summary Coppell Independent School District Information The following document represents the financial plan for Coppell Independent School District. This document provides information concerning financial decisions that support the educational goals of the District, maintains facilities and achieves a competitive compensation plan to employees. It is the desire of the District to fully communicate how resources are allocated and used. Additionally, this document is prepared in a manner to help our constituents understand how resources are used to achieve the District s mission. The Board of Trustees and staff have worked diligently to make the best use of the dollars available from our taxpayers and other local, state and federal sources. Campus principals and staff are actively involved in making focused requests that target improved student performance. Federal, state and local guidelines direct the budget development process. The Texas Education Agency (TEA) requires the General, Food Service and Debt Service funds to be budgeted, and adopted annually, by the District s Board of Trustees. s have been prepared in accordance with State regulations and covers the fiscal period beginning September 1, 2013 through August 31, Additional Federal, State and Local funds are presented for informational purposes. The District continually strives to provide citizens with financial data for transparency. In 2011, 2012, and 2013 the District received the Texas State Comptroller s Silver Leadership Award for financial transparency. The district s website contains multiple years of the adopted budget books, annual financial reports, FIRST, Truth and Taxation notices, and monthly budget and financial reports in addition to the legally required budget summary posting. Additionally, the District maintains a Financial Transparency link on the CISD homepage. Adoption of and Tax Rate The District s tax rate for is $ compared to $ in The increase of $ is due to the issuances of $33,345,000 in bonds. These bonds will build a new elementary campus located in North Lake; provide technology upgrades, additional security at campuses, and general renovations and repairs. Texas Education Code governs the legal basis for school district budget development. The budget must be prepared by August 21 st and adopted by the Board of Trustees no later than August 31 st. A public hearing to discuss the budget and the proposed tax rate are required before the budget is adopted by the Board. The approved budget begins September 1 st. Due to the District s Chapter 41 status, a tax rate cannot be adopted by the Board of Trustees until the Commissioner of Education certifies that the wealth is equalized, Education code (c). The District must adopt a tax rate on or before 2

5 September 30 th or 60 days after receiving the certified appraisal roll, whichever date is later. Since the District has received approval to set its tax rate the Board of Trustees plan to adopt the tax rate at the August 26 th board meeting rd Legislative Sessions The 83 rd Legislative Session saw some replenishing of funds into public education after the reductions made during the 82 nd Legislative Session. However, the increase in funding was not allocated in the same manner as the reductions that occurred in the 82 nd Legislative Session. Property wealthy districts (Chapter 41 districts, as defined by the Texas Education Code) received less state aid than the property poor districts (Chapter 42). Therefore, funds were not replenished to wealthy district by the same amounts that they were reduced and poorer districts generally received more funds than their previous reductions. Senate Bill 1 and House Bill 1025 contained changes to the funding elements for the Foundation School Program (FSP) in the biennium. These two bills together increased the FSP formulas by $3.4 billion ($4.0 billion reduction in the last biennium from FSP). Senate Bill 1 increased grant programs by approximately $292 million ($1.4 billion reduction last biennium to these programs). Coppell ISD anticipates receiving an increase in state funding of approximately $1.5M in and $2.3M in The 82 nd Legislative Session reduced Coppell ISD s net funding by $4.5M in and $6M in Bond Election and Open Enrollment On May 11, 2013 the District successfully held a Bond Election for $79.5M. The bond package included funds for a new elementary, expansion of the field house, addition of a competition gymnasium, safety and security upgrades, technology, maintenance and renovations. This budget also includes general fund dollars for staffing positions at the new elementary and start-up cost for general supplies. In , to gain additional efficiencies and revenue, the District implemented an open enrollment program allowing students that reside in the City of Coppell but outside the District s boundaries to attend CISD. The District has received approximately 148 additional students to date which generates approximately $1M annually. Overview and Highlights Coppell ISD s budget has been prepared using a total tax rate of $ per $100 assessed value. The rate for Operating Fund is $1.17 and the Debt Service tax rate is $ Under House Bill 3646, passed in 2007, the maximum Maintenance and Operations tax rate allowable without voter s authorization is 66.67% of a district s tax rate ($1.50 x.6667) plus 4 pennies. A Maintenance and Operation tax rate beyond $1.04 requires voter approval and can add an additional $0.13 to the Maintenance and Operations tax rate, up to $1.17. Coppell ISD passed a Tax Rate Ratification Election 3

6 in September 2010 gaining the additional $0.13. The setting of the Debt Service tax rate is fundamentally driven by the District s assessed values, collection rate, and the annual debt payments. This year s certified taxable assessed values increased 6% from last year s values. The chart on the following page reflects CISD s tax rate history. Specific details regarding the tax rate history are included in the Appendices. $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ $ Operating Tax Rate Debt Service Tax Rate The annually adopted budgets include the General, Debt Service and Food Service funds. The total budgeted revenues for are $125,345,727 and total expenditures for these funds are $125,869,251. The charts below reflect Coppell s Original data from 2010 through Total Revenue Sources Combined Official Original Original Original Original Original Percentage of Increase General Fund $95,790,272 $103,679,218 $99,370,191 $93,963,861 $100,019, % Food Service 3,961,450 4,149,700 4,213,550 4,331,910 4,401, % Debt Service 17,956,197 17,944,763 17,660,516 17,948,645 20,924, % Total $117,707,919 $125,773,681 $121,244,257 $116,244,416 $125,345, % 4

7 Total Expenditures Combined Official Original Original Original Original Original Percentage of Increase General Fund $99,678,387 $102,317,964 $100,264,373 $98,155,320 $100,189, % Food Service 4,141,226 4,222,965 4,175,033 4,417,951 4,445, % Debt Service 18,333,975 18,282,031 17,400,490 17,840,504 21,233, % Total $122,153,588 $124,822,960 $121,839,896 $120,413,775 $125,869, % General Fund Revenues General Fund Revenues reflect an increase of $5,957,829 over the prior year s Original. The majority of this increase is attributed to the in property tax collections. This year s taxable assessed value is $7,842,929,582 an approximate 6.0% increase from last year. This increase will result in a projected increase in budgeted property tax collections of $7,185,321. The estimated taxes collected on the $.06 golden/silver pennies nonrecaptured are $4,694,042. The following chart and graph depicts the General Fund Revenue Sources from 2010 through Original General Fund Revenue Sources Original Original Original Original Percentage of Increase Local Sources $81,134,724 $86,836,627 $82,721,046 $85,673,547 $92,830, % State Sources 14,655,548 14,253,480 15,161,241 8,290,314 7,189, % Federal Sources - 2,589,111 1,487, % Total $104,449,858 $95,790,272 $99,370,191 $93,963,861 $100,019, % 5

8 State revenues account for 7.2% of the District s Total General Fund revenue and Federal revenues account for 0%. Local Property Tax revenue accounts for 91.5% while Other Local Revenue Sources account for 1.3% of the total General Fund revenue. The District is very appreciative of the contributions the City of Coppell has made to the District s local revenue. This year the District will receive up to $117,232 for crossing guards within the city limits. The chart below reflects the details of the General Fund Revenue. General Fund Revenue Sources Local Property Taxes (Current & Delinquent) $91,533, % Other Local 1,296, % State 7,189, % Federal - 0.0% Total General Fund Revenue Sources $100,019, % 6

9 The Dallas Central Appraisal District (DCAD) certifies the tax roll on or about July 25 th of every tax year based on property values as of January 1 st of the year. The Texas Comptroller of Public Accounts annually certifies the final property values on or before July 1 st, of the following year. The Commissioner of Education uses the final values in the process of allocating state funds to school districts. This includes wealth equalization under Texas Education Code Chapter 41 provisions. The District s assessed property value history is provided on the graph below. A detailed history of the District s assessed values is provided in the Appendices. Recapture Payments (Robin Hood) Chapter 41 of the Texas Education Code (TEC) is devoted to wealth equalization through the mechanism of recapture, the recovery of financial resources from districts defined by the state as high property wealth. Resources are recovered for the purpose of sharing them with low-wealth districts. Districts that are subject to the provisions of Chapter 41 must make a choice among several options in order to reduce their property wealth and share financial resources. Under the current Texas school funding laws, the District is legally required to expend an estimated $18,433,335 of local property taxes utilizing option 3 to purchase attendance credits from the State. This year the District s recapture payment will equate to approximately 18.4% of the General Fund. Since the inception of Robin Hood, the District will have paid approximately $435,994,008 of local tax dollars to the State or partnering districts at the end of the fiscal year. 7

10 Below is a detailed list of annual Robin Hood payments made since inception through year-ended Robin Hood Payment History 1992 $6,068, ,126, ,321, ,089, ,557, ,793, ,088, ,729, ,807, ,704, ,492, ,601, ,869, ,699, ,137, ,889, ,724, ,702, ,259, ,440, ,927,689 Projected ,529,356 Projected ,433,335 $435,994,008 8

11 Preparation preparations began in February with principals and administrators. A budget manual was distributed that included budgetary guidelines, and step-by-step instructions for automated entry into the District s software budget system (EdPro). training classes were provided and budgets submitted required back-up documentation detailing anticipated expenditures. amounts were then entered by each organization or department and verified by the Business Office. The amounts budgeted by campuses reflect 90% of their allotment based upon anticipated enrollment. The remaining allotment amounts will be adjusted in early November, based upon actual enrollment data collected for the October PEIM s Snap Shot date. The campus allotments are based upon a per pupil amount of; $94.61 elementary, $ middle school, and $ for the high schools and cover non-payroll expenditures. Assumptions The General Fund was built on the assumptions of Refined Average Daily Attendance of 10, which is an increase of 200 budgeted Refined Average Daily Attendance from the prior year. Enrollment is projected to be 11,282. The assumption was made that the 200 students will maintain a 98% attendance rate. A Weighted Average Daily Attendance of 12,152 is projected. The District anticipates the Current Operating Fund Property Tax Collections to be $91,533,816 at a 100% collection rate. The Debt Service Fund assumptions include a Current Tax Levy and Federal Revenue from Qualified School Construction Bonds of $20,924,814 at a 100% collection rate to meet the District s debt obligations of $21,233,727. Salaries and Benefits The Board of Trustees elected to provide a 3% raise to all employees for the school year. The new beginning teacher s salary is $49,300 compared to $48,250 last year. TRS Healthcare implemented an average 15% premium increase for the school year and eliminated the most participate plan by district employees, TRS Active Care 1. The employer s contribution for employees with all TRS Active Care plans is $311 per month. All other increases for TRS Healthcare will be absorbed by individual employees. In order to assist employees with the rising cost of health care, the District is implementing Teladoc. This program provides an employee access to a physician anytime, and anywhere for non-emergency medical issues, via the phone. The district will pay a $2 per month fee per employee and the employee will pay $38 per call to Teladoc. The program covers employees, spouses and dependents. This program is available for convenience and is not intended to replace their primary care physician. 9

12 General Fund Expenditures The following chart details the breakdown of Operating Fund Expenditures by objective and includes Recapture. The objectives listed reflect the nature of the expenditure. General Fund Object Expenditures Payroll $68,416, % Prof & Contracted Services* 27,781, % General Supplies 2,346, % Other Expenditures 1,638, % Debt Service % Capital Outlay 7, % Total $100,189, % *Includes Recapture of $18,433,335 10

13 The information below shows that excluding Recapture (Robin Hood), payroll accounts total 83.68% of the District s expenditures. Thus, the majority of the District s budgeted expenditures are for payroll. General Fund Object Expenditures (Excluding Recapture) Payroll $68,416, % Prof & Contracted Services* 9,347, % General Supplies 2,346, % Other Expenditures 1,638, % Debt Service % Capital Outlay 7, % Total $81,756, % *Excludes Recapture 11

14 The following expenditure information is broken into functional categories which represent the general operational area in a school district and groups together related activities. General Fund Functional Category Expenditures Instruction (11, 36, 93, 95) $54,275, % Leadership (21, 23) 6,812, % Student Support Services (12, 13, 31, 33, 34) 7,134, % Administrative (41) 2,883, % Non-Student Support Serv (51, 52, 53) 10,040, % Other (32, 61, 99) 609, % Recapture (91) 18,433, % Total $100,189, % 12

15 The following information reflects the General Fund category expenditures, excluding Recapture (Robin Hood). Note that the District expends approximately 66.4% of its General Fund dollars towards direct instruction (functions 11, 36, 93, and 95). General Fund Functional Category Expenditures - Excluding Recapture Instruction (11, 36, 93, 95) $54,275, % Leadership (21, 23) 6,812, % Student Support Services (12, 13, 31, 33, 34) 7,134, % Administrative (41) 2,883, % Non-Student Support Serv (51, 52, 53) 10,040, % Other (32, 61, 99) 609, % Total $81,756, % 13

16 OFFICIAL BUDGET FOR GENERAL, FOOD SERVICE AND DEBT SERVICE FUNDS 14

17 COPPELL INDEPENDENT SCHOOL DISTRICT COMBINED BUDGET SUMMARY Estimated Revenue Sources GENERAL FUND FOOD SERVICE DEBT SERVICE MEMORANDUM TOTAL Local $92,830,060 $3,548,825 $20,540,610 $116,919,495 State 7,189,548 92,000-7,281,548 Federal - 760, ,204 1,144,684 Total ed Revenue Sources $100,019,608 $4,401,305 $20,924,814 $125,345,727 Total Expenditures 11 Instruction 52,151, ,151, Instructional Resource & Media Services 1,178, ,178, Curriculum & Instructional Staff Development 481, , Instructional Leadership 1,969, ,969, School Leadership 4,842, ,842, Guidance, Counseling & Evaluation Services 2,985, ,985, Social Services Health Services 790, , Student (Pupil) Transportation 1,698, ,698, Food Service - 4,445,630-4,445, Cocurricular/Extracurricular Activities 2,028, ,028, General Administration 2,883, ,883, Plant Maintenance & Operations 8,002, ,002, Security & Monitoring Services 281, , Data Processing Services 1,756, ,756, Community Services 187, , Debt Service - 21,233,727 21,233, Facilities Acquisition & Construction Contracted Instr Servs Between School Dist. 18,433, ,433, Payments to Fiscal Agent/Member SS 60, , Payments to JJAEP 35, , Other Governmental Charges 421, ,971 Total Appropriated Expenditures $100,189,894 $4,445,630 $21,233,727 $125,869,251 Estimated Fund Balance 3000 ed Beginning Unassigned Fund Balance 32,362, ,578 2,692,759 35,836,470 ed Increase (Decrease) in Fund Balance (170,286) (44,325) (308,913) (523,524) 3000 ed Ending Unassigned Fund Balance $32,191,847 $737,253 $2,383,846 $35,312,946 15

18 General Fund The General Fund, also referred to as the Operating Fund, is the fund that includes revenue from local maintenance taxes, foundation entitlements, and is where most expenditures are recorded for the daily operations of the schools and central offices. Expenditures paid from this fund include; salaries and benefits, classroom supplies, utilities, routine maintenance of buildings and transportation costs. 16

19 COPPELL INDEPENDENT SCHOOL DISTRICT GENERAL FUND BUDGETARY COMPARISON Estimated Revenue Sources Original Amended Original Increase/ (Decrease) Amended to % of Change Amended to Original Local Property Taxes (Current & Deliquent) $84,648,495 $84,648,495 $91,533,816 $6,885, % Other Local 1,025,052 1,116,118 1,296, , % State 8,290,314 8,290,314 7,189,548 (1,100,766) -13.3% Federal & Other Sources - 6, Total ed Revenue Sources $93,963,861 $94,061,779 $100,019,608 $5,964, % Total Expenditures 11 Instruction 49,787,171 49,830,740 52,151,330 2,320, % 12 Instructional Resource & Media Services 1,149,553 1,149,890 1,178,277 28, % 13 Curriculum & Instructional Staff Development 442, , ,756 19, % 21 Instructional Leadership 1,661,076 1,684,898 1,969, , % 23 School Leadership 4,643,901 4,658,637 4,842, , % 31 Guidance, Counseling & Evaluation Services 2,792,125 2,774,280 2,985, , % 32 Social Services % 33 Health Services 735, , ,990 54, % 34 Student (Pupil) Transportation 1,592,578 1,592,578 1,698, , % 35 Food Service Cocurricular/Extracurricular Activities 1,995,544 2,012,995 2,028,948 15, % 41 General Administration 2,772,598 2,758,200 2,883, , % 51 Plant Maintenance & Operations 8,049,197 8,003,872 8,002,812 (1,060) 0.0% 52 Security & Monitoring Services 278, , ,416 3, % 53 Data Processing Services 1,600,357 1,648,307 1,756, , % 61 Community Services 126, , ,719 1, % 71 Debt Service Facilities Acquisition & Construction Contracted Instr Servs Between School Dist. 19,992,755 19,992,755 18,433,335 (1,559,420) -7.8% 93 Payments to Fiscal Agent/Member SS 99,500 46,581 60,000 13, % 95 Payments to JJAEP 35,000 35,000 35, % 99 Other Governmental Charges 401, , ,971 20, % Total Appropriated Expenditures $98,155,320 $98,253,238 $100,189,894 $1,936, % Estimated Fund Balance 3600 ed Beginning Unassigned Fund Balance 36,553,592 36,553,592 32,362,133 ed Increase (Decrease) in Fund Balance (4,191,459) (4,191,459) (170,286) 3600 ed Ending Unassigned Fund Balance $32,362,133 $32,362,133 $32,191,847 17

20 COPPELL INDEPENDENT SCHOOL DISTRICT GENERAL FUND REVENUE COMPARISION Estimated Revenue Sources Original Amended Original Increase/ (Decrease) Amended to Local Sources Taxes, Current Year Levy $84,348,495 $84,348,495 $91,533,816 7,185, Taxes, Prior Years Penalties, Interest, Other Tax Rev. 300, , , Tuition & Fees; Summer School - 45,365 - (45,365) Interest Earnings 65,000 65,000 65, Rental Facilities 150, , ,000 10, Gifts & Bequests - 18,142 - (18,142) CEDC Sales Tax Grants Insurance Recovery - 2,299 - (2,299) Miscellaneous Revenue 40,000 65,260 39,000 (26,260) Revenue from City of Coppell 117, , , Sprint Tower Revenue 19,320 19,320 29,412 10, Parking Fees 55,000 55,000 55, Co/Extra Curricular Fees 200, , , Transportation Fees 50,000 50,000 46,000 (4,000) Athletic Activity 278, , ,600 (26,900) Cocurriculuar Enterprising Services 50,000 50,000 33,000 (17,000) Total Local Sources 85,673,547 85,764,613 92,830,060 7,065, State Sources Available School Fund $4,292,381 $4,292,381 $2,973,424 (1,318,957) Foundation School Fund 1,264,962 1,264,962 1,058,825 (206,137) TRS/TRS-Care On-Behalf 2,732,971 2,732,971 3,157, ,328 Total State Sources 8,290,314 8,290,314 7,189,548 (1,100,766) Federal Sources Total Federal Sources Other Sources - 6,852 - (6,852) Total ed Revenue Sources $93,963,861 $94,061,779 $100,019,608 $5,957,829 18

21 COPPELL INDEPENDENT SCHOOL DISTRICT GENERAL FUND BUDGET COMPARISON Expenditures Original Amended Original Increase/ (Decrease) Amended to 11 Instruction 6100 Payroll costs $48,053,818 $48,199,944 $50,354,322 $2,154, Professional & Contracted Services 445, , ,130 12, Supplies & Materials 1,114,624 1,068,104 1,195,144 $127, Other Operating Expenditures 173, , ,734 26, Debt Service Capital Outlay Total Instruction 49,787,171 49,830,740 52,151,330 2,320, Instructional Resource & Media Services 6100 Payroll costs 1,077,686 1,079,461 1,103,902 24, Professional & Contracted Services 9,325 15,907 9,750 (6,157) 6300 Supplies & Materials 59,047 53,095 62,100 9, Other Operating Expenditures 3,495 1,427 2,525 1, Debt Service Capital Outlay Total Inst. Resource & Media Services 1,149,553 1,149,890 1,178,277 28, Curriculum & Instructional Staff Development 6100 Payroll costs 158, , ,655 19, Professional & Contracted Services 102, , ,358 11, Supplies & Materials 41,635 69,359 49,290 (20,069) 6400 Other Operating Expenditures 139, , ,453 8, Debt Service Capital Outlay Total Curr. & Inst. Staff Development 442, , ,756 19, Instructional Leadership 6100 Payroll costs 1,560,946 1,553,263 1,864, , Professional & Contracted Services 24,260 29,592 18,850 (10,742) 6300 Supplies & Materials 23,209 36,764 28,775 (7,989) 6400 Other Operating Expenditures 52,661 65,279 57,784 (7,495) 6500 Debt Service Capital Outlay Total Instructional Leadership 1,661,076 1,684,898 1,969, , School Leadership 6100 Payroll costs 4,489,320 4,496,815 4,682, , Professional & Contracted Services 16,435 17,746 21,282 3, Supplies & Materials 34,489 50,356 32,149 (18,207) 6400 Other Operating Expenditures 103,657 93, ,258 13, Debt Service Capital Outlay School Leadership 4,643,901 4,658,637 4,842, ,186 19

22 COPPELL INDEPENDENT SCHOOL DISTRICT GENERAL FUND BUDGET COMPARISON Expenditures Original Amended Original Increase/ (Decrease) Amended to 31 Guidance, Counseling & Evaluation Services 6100 Payroll costs 2,603,907 2,609,207 2,698,581 89, Professional & Contracted Services 20,305 8,555 15,300 6, Supplies & Materials 149, , , , Other Operating Expenditures 18,110 21,545 21, Debt Service Capital Outlay Total Guidance, Counseling & Eval. Svcs. 2,792,125 2,774,280 2,985, , Social Services 6100 Payroll costs Professional & Contracted Services Supplies & Materials Other Operating Expenditures Debt Service Capital Outlay Total Social Services Health Services 6100 Payroll costs 713, , ,661 53, Professional & Contracted Services 745 1,246 1,200 (46) 6300 Supplies & Materials 19,910 20,159 21,534 1, Other Operating Expenditures 1,900 1,599 1,595 (4) 6500 Debt Service Capital Outlay Total Health Services 735, , ,990 54, Student (Pupil) Transportation 6100 Payroll costs - 2,000 - (2,000) 6200 Professional & Contracted Services 1,592,578 1,590,578 1,698, , Supplies & Materials Other Operating Expenditures Debt Service Capital Outlay Total Student (Pupil) Transportation 1,592,578 1,592,578 1,698, , Cocurricular/Extracurricular Activities 6100 Payroll costs 1,150,635 1,152,960 1,204,737 51, Professional & Contracted Services 154, , ,664 (60,137) 6300 Supplies & Materials 227, , ,017 (11,671) 6400 Other Operating Expenditures 462, , ,530 35, Debt Service Capital Outlay Total Co/Extracurricular Activities 1,995,544 2,012,995 2,028,948 15,953 20

23 COPPELL INDEPENDENT SCHOOL DISTRICT GENERAL FUND BUDGET COMPARISON Expenditures Original Amended Original Increase/ (Decrease) Amended to 41 General Administration 6100 Payroll costs 2,041,807 2,042,858 2,118,072 75, Professional & Contracted Services 464, , ,013 47, Supplies & Materials 79,098 76,154 70,847 (5,307) 6400 Other Operating Expenditures 187, , ,668 8, Debt Service Capital Outlay Total General Administration 2,772,598 2,758,200 2,883, , Plant Maintenance & Operations 6100 Payroll costs 2,037,829 2,035,329 2,092,396 57, Professional & Contracted Services 5,331,343 5,275,992 5,196,506 (79,486) 6300 Supplies & Materials 271, , ,400 (26,473) 6400 Other Operating Expenditures 408, , ,510 47, Debt Service Capital Outlay Total Plant Maintenance & Operations 8,049,197 8,003,872 8,002,812 (1,060) 52 Security & Monitoring Services 6100 Payroll costs 172, , ,016 3, Professional & Contracted Services 103, , , Supplies & Materials 2,000 1,900 1,000 (900) 6400 Other Operating Expenditures (100) 6500 Debt Service Capital Outlay Total Security & Monitoring Services 278, , ,416 3, Data Processing Services 6100 Payroll costs 951, ,109 1,070, , Professional & Contracted Services 445, , ,545 91, Supplies & Materials 185, , ,250 (57,430) 6400 Other Operating Expenditures 17,350 27,682 28, Debt Service Capital Outlay - 50,795 7,500 (43,295) 53 Total Data Processing Services 1,600,357 1,648,307 1,756, , Community Services 6100 Payroll costs 123, , ,519 1, Professional & Contracted Services ,500 60, Supplies & Materials (360) 6400 Other Operating Expenditures 1,700 1,700 1,200 (500) 6500 Debt Service Capital Outlay Total Community Services 126, , ,719 1,031 21

24 COPPELL INDEPENDENT SCHOOL DISTRICT GENERAL FUND BUDGET COMPARISON Expenditures Original Amended Original Increase/ (Decrease) Amended to 71 Debt Service 6100 Payroll costs Professional & Contracted Services Supplies & Materials Other Operating Expenditures Debt Service Capital Outlay Total Debt Service Facilities Acquisition & Construction 6100 Payroll costs Professional & Contracted Services Supplies & Materials Other Operating Expenditures Debt Service Capital Outlay Total Facilities Acquisition & Construction Contracted Instructional Services Between School Districts 6100 Payroll Costs Professional & Contracted Services 19,992,755 19,992,755 18,433,335 (1,559,420) 6300 Supplies & Materials Other Operating Expenditures Debt Service Capital Outlay Total contracted Instructional Services 19,992,755 19,992,755 18,433,335 (1,559,420) 93 Payments to Fiscal Agent/Member Districts of Shared Services Arrangements 6100 Payroll costs Professional & Contracted Services 99,500 46,581 60,000 13, Supplies & Materials Other Operating Expenditures Debt Service Capital Outlay Total payments to fiscal agent/member 99,500 46,581 60,000 13, Payments to Juvenile Justice Alternative Education Program 6100 Payroll costs Professional & Contracted Services 35,000 35,000 35, Supplies & Materials Other Operating Expenditures Debt Service Capital Outlay Total payments to JJAEP 35,000 35,000 35,000-22

25 COPPELL INDEPENDENT SCHOOL DISTRICT GENERAL FUND BUDGET COMPARISON Expenditures Original Amended Original Increase/ (Decrease) Amended to 99 Other Governmental Charges 6200 Professional & Contracted Services 401, , ,971 20,749 Total Appropriated Expenditures 98,155,320 98,253, ,189,894 1,936,656 ESTIMATED FUND BALANCE 3600 ed Beginning Unassigned Fund Balance 36,553,592 36,553,592 32,362,133 ed Increase (Decrease) in Fund Balance (4,191,459) (4,191,459) (170,286) 3600 ed Ending Unassigned Fund Balance $32,362,133 $32,362,133 $32,191,847 23

26 Food Service Fund The Food Service Fund, also referred to as the Child Nutrition Fund, is where revenues and expenditures are recorded for the school lunch and breakfast programs. Revenues received from this fund include; lunch and breakfast sales, and federal grants. This fund is classified as a Special Revenue Fund by the Texas Education Agency. 24

27 COPPELL INDEPENDENT SCHOOL DISTRICT FOOD SERVICE Estimated Revenue Sources Original Amended Original Increase/ (Decrease) Amended to Local Sources Food Service Activity $3,557,050 $3,557,050 $3,536,825 ($20,225) Gifts and Bequests - 1, Miscellaneous Revenue Interfund Revenue; Catering 5,000 5,000 10,000 5, Interest Earnings ,000 $1,200 Total Local Sources 3,562,850 3,563,907 3,548,825 (14,025) State Sources Misc. State Program Revenues 18,000 18,000 17,000 (1,000) TRS/TRS-Care On-Behalf Payments 75,000 75,000 75,000 - Total State Sources 93,000 93,000 92,000 (1,000) Federal Sources School Breakfast Program 57,960 57,960 64,460 6, National School Lunch Program 478, , ,020 54, U.S.D.A. Donated Commodities 140, , ,000 23,000 Total Federal Sources 676, , ,480 84, Other Sources Total ed Revenue Sources $4,331,910 $4,332,967 $4,401,305 $69,395 Expenditures 35 Food Services 6100 Payroll costs 1,802,263 1,802,263 1,856,042 53, Professional & Contracted Services 307, , ,388 23, Supplies & Materials 2,190,600 2,270,885 2,238,500 (32,385) 6400 Other Operating Expenses 17,100 18,310 21,700 3, Debt Service Capital Outlay 100,000 46,590 25,000 (21,590) 35 Total Food Services 4,417,951 4,419,008 4,445,630 26,622 Total Appropriated Expenditures $4,417,951 $4,419,008 $4,445,630 $26,622 Estimated Fund Balance 3450 ed Beginning Fund Balance 867, , ,578 ed Increase (Decrease) in Fund Balance (86,041) (86,041) (44,325) 3540 ed Ending Fund Balance $781,578 $781,578 $737,253 25

28 Debt Service Fund The Debt Service Fund contains monies that are restricted to pay principle and interest on debt incurred through the sale of bonds. The proceeds from bond sales are used to finance long-term improvements to school buildings as well as equip schools. The District currently maintains a strong credit rating of AA+ from Fitch and an AA from Standard and Poor s. 26

29 COPPELL INDEPENDENT SCHOOL DISTRICT DEBT SERVICE Estimated Revenue Sources Original Amended Original Increase/ (Decrease) Amended to Local Sources Taxes, Current Year Levy $17,936,645 $17,936,645 $20,528,610 $2,591, Taxes, Prior Years Penalties, Interest, Other Tax Revenues Interest Earnings 12,000 12,000 12,000 - Total Local Sources 17,948,645 17,948,645 20,540,610 $2,591, Federal - Other Sources , Total ed Revenue Sources $17,948,645 $17,948,645 $20,924,814 $2,591,965 Expenditures 71 DEBT SERVICE 6100 Payroll costs Professional & Contracted Services Supplies & Materials Other Operating Expenses Debt Service 17,840,504 17,840,504 21,233,727 3,393, Capital Outlay Debt Service 17,840,504 17,840,504 21,233,727 3,393,223 Total Appropriated Expenditures $17,840,504 $17,840,504 $21,233,727 $3,393,223 Estimated Fund Balance 3420 ed Beginning Fund Balance 2,584,618 2,584,618 2,692,759 ed Increase (Decrease) in Fund Balance 108, ,141 (308,913) 3420 Estimated Ending Fund Balance $2,692,759 $2,692,759 $2,383,846 27

30 SPECIAL REVENUE FUNDS Special Revenue Funds are used to account for the proceeds of specific revenue sources that are legally restricted, or committed by the Board of Trustees. Funds classified as special revenue funds include; federal and state grants, campus activity funds and other local grants. 28

31 COPPELL INDEPENDENT SCHOOL DISTRICT SPECIAL REVENUE FUNDS Fund Estimated Revenue Sources ESEA, Title IDEA Part B, Idea Part B, I, Part A Formula Preschool Local $ - $ - $ - State Federal 400,992 1,316,910 26,885 Total ed Revenue Sources $400,992 $1,316,910 $26,885 Total Expenditures 11 Instruction 372, ,302 26, Instructional Resource & Media Services Curriculum & Instructional Staff Development Instructional Leadership - 39, School Leadership 28, Guidance, Counseling & Evaluation Services - 735, Social Services Health Services Student (Pupil) Transportation Food Service Cocurricular/Extracurricular Activities General Administration Plant Maintenance & Operations Security & Monitoring Services Data Processing Services Community Services Debt Service Facilities Acquisition & Construction Contracted Instr Servs Between School Dist Payments to Fiscal Agent/Member SS Payments to JJAEP Other Governmental Charges Total Appropriated Expenditures $400,992 $1,316,910 $26,885 29

32 COPPELL INDEPENDENT SCHOOL DISTRICT SPECIAL REVENUE FUNDS (Continued) Career & Technical - Basic ESEA, Title II, Part A Title III Immigrant/LEP Funds Fund Estimated Revenue Sources Local $ - $ - $ - State Federal 49,775 99, ,569 Total ed Revenue Sources $49,775 $99,176 $227,569 Total Expenditures 11 Instruction 45,875 6, , Instructional Resource & Media Services Curriculum & Instructional Staff Development ,844 27, Instructional Leadership 3, School Leadership Guidance, Counseling & Evaluation Services Social Services Health Services Student (Pupil) Transportation Food Service Cocurricular/Extracurricular Activities General Administration Plant Maintenance & Operations Security & Monitoring Services Data Processing Services Community Services Debt Service Facilities Acquisition & Construction Contracted Instr Servs Between School Dist Payments to Fiscal Agent/Member SS Payments to JJAEP Other Governmental Charges Total Appropriated Expenditures $49,775 $99,176 $227,569 30

33 COPPELL INDEPENDENT SCHOOL DISTRICT SPECIAL REVENUE FUNDS (Continued) Instructional Materials Allotment CISD Foundation Memorandum Fund Total Estimated Revenue Sources Local $ - $ 20,000 $20,000 State 870,844 - $870,844 Federal - - $2,121,307 Total ed Revenue Sources $870,844 $20,000 $3,012,151 Total Expenditures 11 Instruction 870,844-2,064, Instructional Resource & Media Services Curriculum & Instructional Staff Development , Instructional Leadership , School Leadership , Guidance, Counseling & Evaluation Services , Social Services Health Services Student (Pupil) Transportation Food Service Cocurricular/Extracurricular Activities General Administration - 20,000 20, Plant Maintenance & Operations Security & Monitoring Services Data Processing Services Community Services Debt Service Facilities Acquisition & Construction Contracted Instr Servs Between School Dist Payments to Fiscal Agent/Member SS Payments to JJAEP Other Governmental Charges Total Appropriated Expenditures $870,844 $20,000 $3,012,151 31

34 Campus Information 32

35 33

36 34

37 35

38 36

39 37

40 38

41 39

42 40

43 41

44 42

45 43

46 44

47 45

48 46

49 APPENDICES SUPPLEMENTAL INFORMATION 47

50 COPPELL INDEPENDENT SCHOOL DISTRICT ASSESSED VALUATION AND TAX RATES Average Valuation School Year Taxable Operating Debt Service Total Student Per Ending Assessed Valuation Tax Rate Tax Rate Tax Rate Enrollment Student 1985 $723,550,332 $ $ $ ,299 $557, $951,687,440 $ $ $ ,666 $571, $1,301,460,376 $ $ $ ,939 $671, $1,419,575,360 $ $ $ ,222 $638, $1,572,899,418 $ $ $ ,551 $616, $1,612,983,840 $ $ $ ,953 $546, $1,658,564,592 $ $ $ ,408 $486, $1,718,483,126 $ $ $ ,931 $437, $1,786,140,592 $ $ $ ,379 $407, $1,899,979,076 $ $ $ ,018 $378, $2,098,823,560 $ $ $ ,708 $367, $2,267,335,348 $ $ $ ,396 $354, $2,507,481,394 $ $ $ ,138 $351, $2,840,052,597 $ $ $ ,767 $365, $3,359,140,483 $ $ $ ,413 $399, $3,946,104,444 $ $ $ ,853 $445, $4,357,380,523 $ $ $ ,197 $473, $4,885,339,206 $ $ $ ,659 $505, $5,253,384,367 $ $ $ ,860 $532, $5,543,608,378 $ $ $ ,931 $558, $5,910,792,683 $ $ $ ,014 $590, $6,091,132,024 $ $ $ ,078 $604, $6,465,160,183 $ $ $ ,857 $655, $7,106,074,149 $ $ $ ,917 $716, $7,597,981,566 $ $ $ ,788 $776, $7,467,037,266 $ $ $ ,004 $746, $7,165,643,131 $ $ $ ,168 $704, $7,121,426,454 $ $ $ ,626 $670, $7,339,047,388 $ $ $ ,082 $662, $7,842,929,582 $ $ $ ,282 $695,172 48

51 COPPELL INDEPENDENT SCHOOL DISTRICT ENROLLMENT HISTORY Fiscal Year End Enrollment Change in Enrollment % of Change % % % % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % , % ,857 (221) -2.2% , % ,788 (129) -1.3% , % , % , % , % Projected , % 49

52 Coppell ISD Position Comparison COPPELL INDEPENDENT SCHOOL DISTRICT COMPARISON OF AUTHORIZED POSITIONS Change Para- Para- Para- Function No. & Name Professional Professional Auxiliary Professional Professional Auxiliary Professional Professional Auxiliary 11 Instruction Instructional Resource & Media Services Curriculum & Instructional Staff Development Instructional Leadership School Leadership Guidance, Counseling & Evaluation Services Truancy Health Services Student (Pupil) Transportation Food Services Cocurricular/Extracurricular Activities General Administration Plant Maintenance & Operations Security & Monitoring Services Data Processing Services Community Services Total Positions per Category Total Positions * *This count includes 5 FTE's hired after budget adoption due to increased students. 50

53 COPPELL INDEPENDENT SCHOOL DISTRICT Staff Comparison Data vs Change Coppell High School Education Annex New Tech HS Coppell Middle School - East Coppell Middle School - West Coppell Middle School - North Pinkerton Elementary Austin Elementary Mockingbird Elementary Wilson Elementary Lakeside Elementary Town Center Elementary Cottonwood Creek Elementary Valley Ranch Elementary Denton Creek Elementary New Elementary Function Function 32 (Truancy) Function 35 (Child Nutrition) Function 36 (Athletics) Function 41 (Administration) Function 51 (Maint, Custodial, Gen Svcs Fund 53 (Technology) Function 61 (Community Svcs) All District or unassigned (misc functions) Crossing Guards & Security Total Positions added for after budget adoption: 5 positions added Positions added for : positions added 51

54 52

55 53

56 DEFINITIONS 54

57 FUND CODES Texas school district accounting systems are organized and operated on a fund basis. A fund is an accounting entity with a self-balancing set of accounts recording financial resources and liabilities. A school district designates the fund s financial resources for a distinct purpose. The fund s purpose can be established by the state or federal government as well as the school district. FUND GENERAL FUND A governmental fund with budgetary control which is used to show transactions resulting from operations on on-going organizations and activities from a variety of revenue sources for which fund balance is controlled by and retained for the use of the local education agency. This fund is also referred to as the General Operating Fund. FUND ESEA, TITLE I, PART A IMPROVING BASIC PROGRAMS - This fund classification is to be used to account, on a project basis, for funds allocated to local educational agencies to enable schools to provide opportunities for children served to acquire the knowledge and skills contained in the challenging State content standards and to meet the challenging State performance standards developed for all children. This program is authorized under P.L (84.010A) (U.S. Department of Education) FUND IDEA PART B, FORMULA - This fund classification is to be used to account, on a project basis, for funds granted to operate educational programs for children with disabilities. This fund classification includes capacity building and improvement (sliver) sub-grants. FUND IDEA - Part B, Preschool -This fund classification is to be used to account, on a project basis, for funds granted for preschool children with disabilities. This grant is funded by PL (84.173) (U.S. Department of Education FUND NATIONAL SCHOOL BREAKFAST AND LUNCH PROGRAM - This fund classification is to be used for programs using federal reimbursement revenues originating from the United States Department of Agriculture (USDA). FUND 244 VOCATIONAL EDUCATION BASIC GRANT - This fund classification is to be used to account, on a project basis, for funds granted to provide career and technology education to develop new and/or improve career and technology education programs for paid and unpaid employment. Full participation in the basic grant is from individuals who are members of special populations, at 1) a limited number of campuses (sites) or 2) a limited number of program areas. (84.048) (U.S. Department of Education). FUND ESEA, TITLE II, PART A: TEACHER AND PRINCIPAL TRAINING AND RECRUITING - This fund classification is to be used to provide financial assistance to LEAs to (1) Increase student academic achievement through improving teacher and principal quality and increasing the number of highly qualified teachers in classrooms and highly qualified principals and assistant principals in schools, and (2) 55

58 hold local education agencies and schools accountable for improving student academic achievement. FUND Title III, Part A - English Language Acquisition and Language Enhancement - This fund classification is to be used to account, on a project basis, for funds granted to improve the education of limited English proficient children, by assisting the children to learn English and meet challenging State academic content and student academic achievement standards (P. L , Title III, Part A, Subpart 1) (84.365A) (U.S. Department of Education). FUND 410 INSTRUCTIONAL MATERIALS ALLOTMENT FUND This is a state fund that was formerly the State Textbook Fund. This fund is for the purchase of instructional materials, technology equipment and technology related services. FUND 498 CISD EDUCATION FOUNDATION FUND This is a locally funded special revenue fund to record revenues (and related expenditures) received from the Coppell ISD Education Foundation. FUND 599 DEBT SERVICE FUND - A debt service fund is a governmental fund, with budgetary control, that must be used to account for general long-term debt principal and interest for debt issues and other long-term debts for which a tax has been dedicated. A separate bank account must be kept for this fund. FUNCTION CODES Monies in this budget are appropriated by function within several funds. A function represents a general operational area in a school district and groups together related activities. Coppell ISD uses the following functions in the process of educating students or organizing the resources to educate students. For example, in order to provide the appropriate atmosphere for learning, the District transports students to school, teaches students, feeds students and provides health services. Each of these activities is a function. The function codes and a general description of those functions are listed below. FUNCTION 11 INSTRUCTION - This function is used for activities that deal directly with the interaction between teachers and students. Teaching may be provided for students in a school classroom, in another location such as a home or hospital, and in other learning situations. It may also be provided through some other approved medium such as television, radio, telephone, telecommunications, multimedia and correspondence. This function includes expenditures/expenses for direct classroom instruction and other activities that deliver, enhance, or direct the delivery of learning situations to students. Salaries for teachers and classroom assistants, supplies and equipment used in the classroom, and repair of equipment are examples of function 11 expenditures. 56