State Funding for Schools in Oklahomaand

Tulsa Public SchoolsDr. 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 2009-2012

• Budget issues for 2013-14

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

2006-2007

2007-2008

2008-2009

2009-2010

2010-2011

2011-2012

2012-13

$0

$20,000,000

$40,000,000

$60,000,000

$80,000,000

$100,000,000

$120,000,000

$140,000,000

$160,000,000

$180,000,000

$200,000,000

Ad Valorem TaxesState Aid ReceivedFederal Stabilization State/Governor

Tulsa Public Schools:2009-2012 Spending Reductions

• 2008-09 • District Projects ($1,410,984) • 2009-10 • 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) • 2010-11 • 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) • 2011-12 • Project Schoolhouse Year 1 (2,700,000)

• Total ($22,103,139)

Tulsa Public Schools:2013-2014 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 2013-14 federal funding sources. Approximately $1.8 million loss to TPS.