State Funding for Schools in Oklahoma and Tulsa Public Schools Dr. Keith Ballard, Superintendent May 2, 2013

State Funding for Schools in Oklahoma and Tulsa Public Schools State funding and student enrollment growth TPS state aid and ad valorem revenues TPS spending reductions Budget issues for

Oklahoma State Funding and Student Enrollment Source: OKPolicy.org, Severe Education Funding Cuts Threaten Oklahoma's Economic Future, Feb. 19,2013

Decline in Revenue: TPS Ad Valorem, Formula State Aid, and Stabilization Funds

Tulsa Public Schools: Spending Reductions District Projects ($1,410,984) Departmental Spending (1,326,181) Additional Attrition – Various Positions (800,000) Transportation Savings - Change Bell Times (405,728) Furlough Days (445,000) Volunteer Substitutes (400,000) Reduced 225 Teaching FTE (9,445,155) Reduced Net 130 Admin/Support FTE (2,755,902) Reduced Teacher Assistants (337,900) Utility Costs - Energy Education (1,000,000) Departmental Spending (1,076,289) Project Schoolhouse Year 1 (2,700,000) Total ($22,103,139)

Tulsa Public Schools: Budget Issues 1. SQ 766 and the loss of ad valorem revenues on intangible property. Experts estimate the loss to Common Education could be as high as $100 million. Loss to TPS is estimated to be $2.5-6 million. 2. Under-funded state mandates and 2013 Supplemental Appropriation Request: – Health insurance $8.5 million – Reading Sufficiency $6.5 million – ACE Remediation $15 million – State Aid Formula $5.9 million 3. Federal sequestration – loss of 5.1% in federal funding sources. Approximately $1.8 million loss to TPS.