A Citizen’s Guide to the 2018-2019 BUDGET
Breaking Down the Budget Breaking Down the Budget This presentation focuses on the Jackson County School District’s budget for the 2018-2019 school year. In this report we will concentrate on the cost of educating, feeding, transporting, and providing for the shelter and safety of almost 9,223 students. We will also cover how our revenue is generated. School district revenue comes from many sources such as grants, school bonds, and taxes. In creating the district budget there are several smaller budgets that combine to create the total school budget. These subcategory budgets include: operating, building, and food budgets. In this publication we will attempt to show the basics of public school finance. Therefore, you will find the meanings and purposes of the different types of fund budgets, and a basic picture of where the dollars come from and where they go. First we will go over our projected revenues. July 9, 2018
FY 17-18 / FY 18-19 BUDGET COMPARISON BUDGET CATEGORY FY 17-18 FY 18-19 DIFFERENCE%CHANGE REVENUES: LOCAL SOURCES 38,349,297 37,880,245 (469,052) -1.22% INTERMEDIATE SOURCES 0 0 STATE SOURCES 42,023,365 42,317,128 293,763 0.70% FEDERAL SOURCES 7,512,382 7,689,345 176,963 2.36% SIXTEENTH SECTION SOURCES 525,414 485,000 (40,414) -7.69% TOTAL BUDGET REVENUE 88,410,458 88,371,718 (38,740) EXPENDITURES: INSTRUCTIONAL SERVICES 49,664,714 49,847,481 182,767 0.37% SUPPORT SERVICES 28,723,959 28,927,774 203,815 0.71% NONINSTRUCTIONAL SVC 3,789,221 3,829,066 39,845 1.05% DEBT SERVICE 1,443,119 1,853,188 410,069 28.42% FACILITIES 75,300 0 (75,300) -100.00% SIXTEENTH SECTION SOURCES 39,814 28,000 (11,814) -29.67% TOTAL BUDGET EXPENDITURES 83,736,127 84,485,509 749,382 July 9, 2018
District Financial Information 2018-2019 Revenues from Federal, State, Local and Other FEDERAL OTHER 9% 0% LOCAL 43% STATE 48% July 9, 2018
District Financial Information 2018-2019 Operational Expenditures Sixteenth Section Debt Service Noninstructional 0% 2% Services 5% Instruction 59% Support Services 34% July 9, 2018
Building/ Bond Fund Operating Fund This fund is used to account This is the main fund that for all resources available for receives local and state acquiring sites, buildings, and revenue to cover the cost of construction. The main source day-to-day activities in the for this fund comes from the schools. district issuing bonds . Debt Service Funds 16 th Section Funds Funds are transferred into Funds are generated through this fund from the operating timber sales and surface fund to pay for the bonds the leases. District has issued. July 9, 2018
Federal Funds These are funds from the Grants federal government that are This fund is intended for a targeted to special programs specific purpose. and services. Food Service Fund Activity Funds This fund accounts for all This fund is used to account for financial activities associated money that is held in trust for with the District’s school student/school groups. breakfast/lunch program. July 9, 2018
Local Taxes 43% Ranking 15/147 State 48% Ranking 114/147 Federal 9% Ranking 133/147 Total Funding 8/147 July 9, 2018
Mississippi is charged with providing an adequate and equitable education for all students in its public school system. The state’s funding formula was devised to accomplish that goal, taking into account both the basic needs of school districts as well as the additional costs relative to special populations of students. All school districts in Mississippi receive Minimum Adequate Education Program (MAEP), a set amount of money per student. The number of students in a district is determined by averaging the daily attendance of a school for the first three quarters of the previous school year. MAEP Funding is made up of both state and local funds. In addition, the state compensates schools for growth or loss of student membership as well as for special categories of students. July 9, 2018
All counties in Mississippi are authorized by state law to impose ad valorem taxes. These taxes are for real property such as a house or land, and personal property such as: automobiles, boats and motors, motorcycles, recreational vehicles, and all-terrain vehicles. They are imposed according to item value only. These taxes are important to us because these taxes go to support local government agencies such as Jackson County School District. July 9, 2018
Example of Property Taxes The property assessment is 10 percent applied to the “true market value” of real property and to the usual selling price of personal property. The example above explains how to calculate the amount that Jackson County Schools receives from your property taxes. The assessed value is multiplied by the millage rate which is 55 for Jackson County Schools. One mill is equal is one thousandth of a dollar($0.001). July 9, 2018
Millage Report of the Surrounding Area Over/ 2017 2017 2017 2017 Acct. (Under) Total County School District Oper. 3 Mills Obligate Rating 55 Mill School Mills Debt Mills Cap Mills JACKSON MOSS POINT D 54.14 (.86) 3.54 0 57.68 JACKSON OCEAN SPRINGS A 54.32 (.68) 2.00 10.5 66.82 JACKSON PASCAGOULA B 45.88 (9.12) 0 0 45.88 HARRISON GULFPORT B 54.39 (.61) 0.76 9.7 64.85 HARRISON HARRISON B 50.64 (4.36) 2.65 2.16 55.45 HARRISON BILOXI A 40.07 (14.93) 2.19 1.11 43.37 HARRISON LONG BEACH A 55.00 0 3.00 0 58.00 GEORGE GEORGE B 41.65 (13.35) 2.85 2.36 46.86 JACKSON JACKSON B 55.00 0 3.00 0 58.00 July 9, 2018
While education is the essential business of schools, behind the scenes of every classroom are employees who take care of everything from buildings to buses, burgers to bandages, boiler rooms to ball fields. Still others provide security, keep track of supplies, wire computers, manage business affairs or provide teaching and leadership training. Here is information on just what it takes to keep the District running. Teacher’s salaries account for more than 69% of our operating budget. These funds are used to reward our teachers for delivering quality education to our students. Maintenance and Operations has the job of lighting, heating, repairing, maintaining and cleaning more than 138 buildings occupying over 1,432,107 square feet. There are custodians, maintenance technicians, supplies and equipment they use. July 9, 2018
Many people are surprised to learn that Jackson County School buses travel over 1.1 million miles a year with 140 buses. Our top priority is student safety. Debt Service ($1.853 million) Just as most homeowners have a mortgage payment, the district must pay for the bonds which financed the buildings. Just as many homeowners have taken advantage of lower interest rates, the district refinanced its debt as well. School Food Service ($4.610 million) This deals with activities concerned with providing food to students and staff in a school. This service area includes preparing and serving regular and incidental meals, lunches or snacks in connection with school activities and food delivery. In FY 18 there were 1,401,305 meals served. July 9, 2018
2016-2017 Expenditure Per Pupil Ranking Expenditure All County School District Out of 147 Funds JACKSON MOSS POINT 5 $13,564 JACKSON PASCAGOULA 6 $13,554 FORREST PETAL 87 $9,633 LAMAR LAMAR 115 $9,053 HARRISON HARRISON 116 $9,035 JACKSON JACKSON 123 $8,801 JACKSON OCEAN SPRINGS 125 $8,734 July 9, 2018
Jackson County By the Numbers Each school district is unique. These tidbits of information provide an insight into the demographics of Jackson County Schools. 1.2 15 : 1 • is available for every 1.7 • Student to teacher ratio students Computer 236 52 • Students speak Spanish, Russian, Uzbek, Vietnamese, • Of teachers hold Thai, German, Arabic, Chinese, advanced degrees. Home Korean and Tagalog . Percent languages 58.5 • of students were eligible for 48 • Teachers are Nationally free and reduced-price meals Certified in 2017-2018 Percent 12.2 • Students are in special 465 • Of students are gifted in education grades 2-6 Percent July 9, 2018
Where does THE Money GO? Educating children is a labor-intensive process. For that reason, the largest share of any school district’s budget goes to pay for employees’ wages and benefits. After salaries and benefits, the remaining budget goes to pay for supplies, equipment, utilities, buildings, and the repayment of debt. 81% Salaries & Benefits 11% Supplies 2% Debt 3% Utilities 3% Equipment 100% Total July 9, 2018
County District Starting Salary Jackson Pascagoula $40,000 Harrison Biloxi $40,000 Harrison Pass Christian $39,650 Jackson Jackson County $37,620 Jackson Moss Point $37,615 Jackson Ocean Springs $37,090 July 9, 2018
Our teachers are dedicated to helping children achieve the skills and knowledge they need for a lifetime of success. They are part of a friendly, caring, professional staff that works as a team to meet the needs of every student. It takes many more people besides teachers to make a school run smoothly. This page is dedicated to show the number and kind of people it takes to make all of it possible. Jackson County Schools has approximately 1,274 employees, making the largest school district and 6 th largest employer in Jackson it County. July 9, 2018
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