3. THE FLORIDA CONSTITUTION Article IX, Section 1: The education of children is a fundamental value of the people of the State of Florida. It is, therefore, a paramount duty of the state to make adequate provision for the education of all children residing within its borders. Adequate provision shall be made by law for a uniform, efficient, safe, secure, and high quality system of free public schools that allows students to obtain a high quality education…

4. Authority for Public Schools in Florida Florida Constitution 67 County School Boards 5 to 9 Elected Members State Board of Education 7 Members Appointed by Governor

5. Education Funding 4 LocalStateFederal M-DCPS Revenue Property Taxes % of State General Revenue Title & Stimulus Funds

6. 2009-10 Statewide General Revenue Distribution 5

7. M-DCPS: What we “Give” vs. “Get” per uFTE M-DCPS vs. Statewide Average The rules behind FEFP have changed dramatically; with the consequence being tax payers and students in Miami-Dade County have been unjustifiably harmed. State Avg. 6

8. FEFP Equality Eight Largest Districts DistrictTotal Funds per uFTE Duval$6,996 Palm Beach$6,984 Pinellas$6,969 Hillsborough$6,849 Broward$6,816 Orange$6,787 Polk$6,773 More than M-DCPS $275 $263 $248 $128 $95 $66 $52 Miami-Dade$6,721 7

9. School Level Services Instructional Support Services Business & Debt Services Central Administration Ending Fund Balance 2010-11 Budget* % of Budget % Change 2007-08 Expenditures $2,775.4 $89.4 $109.0 $17.2 $32.6 $2,630.1 $47.9 $63.9 $13.3 $131.9 * Includes $121M of ARRA Stabilization funds 91.1% 1.7% 2.2% 0.5% 4.6% -5% -46% -41% -23% 305%

10. Planning for 2011-12: Revenue 9 Capital Outlay Transfer $85M Exposure Facility maintenance expenses of $169M paid for currently by Capital Outlay funds. ARRA Stabilization Funds $121M exposure State of Florida used stimulus plan funds to plug a hole in decreasing education support. Other Grant Expirations $60M Exposure A large amount of Title I & IDEA funds expire next year. Total Revenue Loss Exposure: $266 Million

11. ARRA Stimulus Fu nds Bottom Line: Florida Legislature used stimulus funds to cover a billion dollar cut to education statewide in 2009-10. In 2011-12 this bill comes due.

12. 2008-092009-102010-11 Tax roll $258 billion Tax roll $235 billion 9% decrease Tax roll $203 billion 14% decrease 2011-12 ? Bottom Line: There is a lot of uncertainty around where property values will go over the next year. The tax roll has already dropped over 20%, which has forced significant cuts to the General Fund budget. The bill for the Capital Fund comes due in 2011-12.

13. Bottom Line: If 9% increase trend continues, M-DCPS faces $28M increase in 2012.

14. 2010-11 Revenue Lost:$223.8M Expenditures Lost:$156.2M Net Loss$67.6M Non-Teaching Costs Still Remain Principal APs Custodians Monitors Clerical Counselors School Police Technology Utilities Transportation Central Office Etc. Bottom Line: With each child that goes to a charter school, M-DCPS loses $6k. This choice costs taxpayers double the overhead from the limited resources the State provides.

15. Funding Issues Replacement of federal stimulus funding Level Funding - Mitigate loss of state revenues - Property value loss Maximize Local Solutions - Extend the voter approved millage of 10 years Expand allowable use of sales tax Other Issues Establish a poverty factor in the funding formula Oppose diversion of capital millage to charter schools Eliminate penalties related to class size reduction compliance