1. Fiscal Year 2015 Appropriations Steven Crawford Executive Director of CCOSA

2. State Budget and Funding Information

3. Supplemental Funding for FY 2014 SB 2127 Ad Valorem Reimbursement Section 133 of SB 2127 $ 25,523,000.00 to the State Board of Education to be transferred to the Ad Valorem Reimbursement Fund

4. FY 2015 Budget

5. SB 2127 – GA Bill SB2127 provides the general appropriation: – General Revenue: $ 1,055,294,547.00 – 1017 Fund: $ 738,625,474.00 – Technology Revolving: $ 47,372,299.00 – Mineral Leasing (2015): $ 3,800,000.00 – Mineral Lease (2013): $ 1,032,258.00 – Lottery (2015): $ 25,768,418.00 – Lottery (2013): $ 5,677,781.00 TOTAL Formula FY15 $1,877,570,777.00

6. Total Formula Dollars FY 12$1,815,185,159.00 FY 13$1,816,091,355.00 Difference FY 12-FY 13+ $ 906,196.00 FY 14$1,837,570,779.00 Difference FY 13-FY 14+ $21,479,424.00 FY 15$1,877,570,777.00 Difference FY 14-FY 15+ $39,999,998.00 Difference FY 12-FY 15+ $62,385,618.00

7. School Land Commission The CLO is continuing to exercise authority to control the volatility of lease-bonus revenue through the lease-bonus stabilization fund. Total financial support from CLO is guaranteed at $93M for this fiscal year but CLO estimates that it will distribute between $93.4 and $93.5 Million this year!

8. History from FY 12 to FY 15 General Revenue Fund – FY 12:$ 1,100,640,571.00 – FY 13:$ 1,007,314,081.00 – FY 14:$ 986,672,876.00 – FY 15:$ 1,055,294,547.00 – Difference FY12 - FY15: (-) $ 45,346,024.00 – Difference FY14 - FY15: (+) $ 68,621,671.00

9. History from FY 12 to FY 15 1017 Fund – FY 12:$ 634,894,569.00 – FY 13:$ 726,162,530.00 – FY 14:$ 767,691,714.00 – FY 15:$ 738,625,474.00 – Difference FY12 - FY15: (+) $103,730,905.00 – Difference FY14 - FY15: (-) $ 29,066,240.00

10. History from FY 12 to FY 15 Lottery Trust – FY 12:$ 28,870,789.00 – FY 13:$ 29,402,815.00 – FY 14:$ 30,752,468.00 – FY 15:$ 25,768,418.00 – Difference: FY14 – FY15(-) $ 4,984,050.00

11. History from FY 12 to FY 15 Mineral Leasing – FY 12:$ 2,850,000.00 – FY 13:$ 4,376,503.00 – FY 14:$ 5,081,422.00 – FY 15:$ 3,800,000.00 – Difference FY14 – FY15: (-) $ 1,281,422.00

12. The SDE Activities Budget

13. History from FY 12 to FY 15 SDE Activities Account - Unrestricted – FY 12:$ 401,224,655.00 Lump sum given to SDE without line items – FY 13:$ 7,925,974.00 Lump sum given to SDE without line items – FY 14:$ 507,772,781.00 Lump sum given to SDE without line items – FY 15:$ 5,400,000.00 Lump sum given to SDE for school reward grants

14. HB 3513 i.FBA – 1.Certified Staff:$263,856,552.00 2.Support Staff:$143,824,310.00 3.Total Appropriation:$407,780,862.00 ii.National Board Teachers:$ 11,695,000.00 iii.Speech Path, Audiologist Bonuses:$ 3,247,350.00 iv.Alternative Education: $ 14,027,366.00 v.Reading Sufficiency Act:$ 6,500,000.00 vi.Sooner Start / Early Intervention:$ 14,417,922.00 vii.Early Childhood Pilot Program:$ 10,500,000.00 viii.Federal School Lunch Match:$ 4,960,288.00 ix.OTRS Offset Credit:$ 35,311,375.00 x.Textbook Funding to SDE:$ 33,000,000.00

15. Programs in HB 3513 – OPAT$ 1,000,000.00 – Rural Infant Stimulation Program $ 529,943.00 – Summer Arts Institute $ 350,000.00 – Ag in the Classroom $ 38,675.00 – General Ed Development Test $ 0.00 – Financial Literacy $ 150,000.00 – Part of Reform Implementation – ACE$ 8,000,000.00 – Advanced Placement Inc. $ 4,150,000.00

16. Reform Implementation ($42,859,836.00) K-20 OAS Standards PD $ 564,000.00 K-20 STEM-Ready Elem Schools $ 300,000.00 Think Through Math $ 1,800,000.00 Staff Development $ 4,250,000.00 TLE VAM $ 2,000,000.00 3 rd Grade Reading Readiness $ 2,500,000.00 Student Information Data System $ 1,845,836.00 REAC3H Coaches $ 0.00 Testing $ 3,000,000.00 Teach for America $ 2,500,000.00 School Rewards Grant Pool $ 5,400,000.00

17. Total Appropriations Comparison FY 2012 $ 2,278,158,382.00 FY 2014 $ 2,407,604,102.00 FY 2013 $ 2,333,604,082.00 FY 2015 $ 2,479,424,061.00

18. SB 1469 – Moratorium on Accreditation Standards SB 1469, passed in 2014, extended the moratorium on withdrawal of accreditation for failure to meet certain requirements: – Class size – Library / Media Expenditure – Textbooks Moratorium is effective until June 30, 2016.

19. History of Funding Factors Initial FY12:$ 3,041.40 per WADM – 1,030,947.83 WADM End of Year FY12:$ 3,040.20 per WADM – 1,053,066.77 WADM End of Year FY13:$ 3,035.00 per WADM – 1,071,320.35 WADM Mid-Year FY14:$ 3,032.00 per WADM – 1,088,759.91 WADM

20. July 2014 Factors Mid-term Set Aside $1,877,570,777 X 1.5% = $28,163,561 Chargeable Growth Approx. $40,000,000 New Formula $$ $39,999,998 July Weighted ADM Adjustment -8287.6 students X $3,032 = $25,128,003

21. New Formula SS $105,128,001 Less Set Aside 28,163,561 Less Set Aside Charter/LNH 15,000,000 $61,964,440 divided by 1,088,759 = 56.91 $3032.00 + 56.91 = $3088.91

22. Questions?