November 22, 2006
Is the state is under funding the school by the
tune of $1000/student?
- The state uses a funding formula to determine what
each school district is going to receive per student.
- The more a school district receives per student
for local property taxes, the less it gets in state
money.
So the truth is all districts are slated to get the
same dollars per student. It is just the money may not
be coming from the same sources. Also the wealthier
residential and commercial school districts may be self-funded
and receive more money per student then the state formula
recommends. For the record it is estimated in about
7-10 years the Deer Creek School District will be receiving
so much in local property taxes that it will be self-funded
and not receive any money from the state.
How is the Money Divided?
The general fund is just one of the four different
funds in the school district. It covers the day to day
operations.
| Funds |
Total Budgeted $
|
| General Fund |
$14,414,677
|
| Building Fund |
$820,605
|
| Child Nutrion Fund |
$637,853
|
| Sinking Fund (Bonds) |
$4,293,000
|
Highlighted
General Fund Budget Line Items
|
Total General Fund Budget
|
$14,414,677.11
|
| Salaries |
% of
Total Budget
|
Approximate
$
Amounts
|
| Teachers |
54%
|
$7,750,000
|
| Special Education Teacher |
8%
|
$1,150,000
|
| Gifted/Talented Teacher |
1%
|
$80,000
|
| Non-teaching positions |
25-27%
|
$3,760,000
|
| TOTAL SALARIES |
87%-89%
|
$12,740,000
|
| Teaching Materials |
Total Budgeted $
|
| Supplies, Textbooks, Etc. |
$171,979
|
| Principal Budgets |
Total Budgeted $
|
| Rose Union |
$17,500
|
| Deer Creek Elem |
$17,500
|
| Prairie Vale |
$17,500
|
| Middle School |
$24,320
|
| High School |
$27,240
|
| Each individual school receive funds
for their respective media centers as well. |
If the schools are in such desperate need for money,
why doesnt the board look elsewhere in the budget
to fund the schools? Or is the truth the school district
is in need of better money management?
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III - How the Budgets are Used >>
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