2017-2018 Board Budget Update February 6, 2017

Revenue Assumptions Current legislative session will determine funding for fiscal year 2017-2018 and 2018-2019 Early in legislative session, assumes no State funding increases 7.5% taxable value growth in 2017-2018; 3% taxable value growth beyond Enrollment growth based on demographer’s projections

Enrollment Projections Templeton Demographers Quarterly updates Review enrollments by campuses, economic factors, new housing, etc. for comprehensive prediction of student enrollment Enrollment growth Five Years 2,430 Ten Years 5,450 Enrollment 2016-17 Budget 11,456 Current 11,457 2017-18 Projection 11,854

Taxable Value Projections Overall increase in values for 2016-2017 12.6% $600 million before freeze Overall increase in values for 2017-2018 7.5% $652 million 3.0% annual increases beyond 2017- 2018 Frozen values represent ~27% of total values

Revenue per WADA As the average daily attendance increases, the weighted average daily attendance (WADA) also increases State funding is tied to WADA Unless changed by future legislation, the revenue per WADA will remain relatively flat New revenue will be driven primarily by WADA growth

Recapture Recapture increases significantly beginning in 2016-2017 $514,000 Tier 1 level determined by legislation Tier 1 recapture represents a significant portion of total recapture Tier 2 recapture is based upon the pennies above $1.06 Recapture increases sharply by 2018-19, then is expected to remain above $13 million

Revenue Projections State funding levels per student remain constant after 2017-2018 Anticipated revenue and ADA growth for 2017-2018 to 2021-2022 Year Revenue ADA 2017-18 1.8% 2.8% 2018-19 -2.0% 3.9% 2019-20 3.9% 4.2% 2020-21 3.2% 3.7% 2021-22 3.5% 4.3%

Revenue Projections per ADA Anticipated increase between 2.8% and 4.3% in ADA over the next 5 years Revenue projections shows a drop in revenue per ADA of $476 starting in 2018-2019

Peer District Teacher Salaries Peer districts with approximate enrollment between 10,000 and 10,300 with similar economic disadvantaged student populations Georgetown ISD teacher salaries are below the average peer district levels Fiscal year 2015, Deer Park ISD was $6,300 per teacher greater than the average peer district Georgetown ISD was $2,600 per teacher less than the average peer district

Peer Operating Expenditures Average operating costs of all funds was $7,422 per student Georgetown ISD and two other districts exceeded the average spending level Deer Park ISD and Georgetown ISD had total payroll spending levels

Ratio of Students to Teachers Neighboring Districts Round Rock Leander Hutto Pflugerville Peer Districts Belton Brazosport Burleson College Station Deer Park Magnolia Sharyland