1. Lubbock Independent School District DEIC Budget Presentation
January 18, 2017

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

3. Historical Tax Rate

4. General Operating Revenues
General Revenues 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, ,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

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

6. 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

7. 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 $ ,433
Total Capital Outlay $ (313,960)
Total General Fund Expenditures $9,294,423

8. Debt Service Revenues and Expenditures
Budgeted Revenues $ 17,884,322
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.

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