Lubbock Independent School District DEIC Budget Presentation January 18, 2017

Budget Developmental Elements and Assumptions Tax Values 2016 $10,100,000,000 ADA Analysis 2016-2017 Projection 26,655

Historical Tax Rate

General Operating Revenues General Revenues 2015-2016 2016-2017 Change Taxes – Current Year $101,715,040 $102,355,139T $ 640,099 Available School Fund (ASF) 7,472,307 6,857,839 (614,468) Foundation School Fund (FSF) 96,676,160 104,839,795T 8,163,635 All other General Sources 7,251,000 8,356,157 1,105,157 Total General Revenues $213,114,507 $222,408,930 $9,294,423

General Operating Revenues (continued) All General Revenue Sources $222,408,930

Major Revenue Drivers Total Tax Collections $ 640,099 M&O Tax Increase Total State Revenues $7,549,167 Comp Ed Local and Other $1,105,157 Food Service Indirect Cost Total General Fund Revenue $9,294,423

Major Expenditure Drivers Total Payroll Costs $2,805,491 Raises Total Contracted Services $1,792,187 Sodexo and Durham Contracts Additional Maintenance due to TRE Total Supplies $4,963,272 Campus Re-allocations Additional Instructional Technology due to TRE Total Other Operating $ 47,433 Total Capital Outlay $ (313,960) Total General Fund Expenditures $9,294,423

Debt Service Revenues and Expenditures 2016-2017 Budgeted Revenues $ 17,884,322 2016-2017 Budgeted Expenditures $ 19,232,562 Surplus/(Deficit) $ (1,348,240) Our unaudited Debt Service Fund Balance at the end of FY 2016 is $23,786,090 which is to be used to compensate for the planned deficit in this year and subsequent years.

Budget Outlook for 2017-2018 85th Legislative Session Enrollment and Attendance Current Economic Conditions Future Challenges