Print entire Manual - Financial Affairs - Miami-Dade County Public

257 Pages·2012·18.77 MB·English

THE SCHOOL BOARD OF MIAMI-DADE COUNTY, FLORIDA

EXECUTIVE SUMMARY
TENTATIVE BUDGET
For Fiscal Year Ending June 30, 2013
MIAMI-DADE COUNTY PUBLIC SCHOOLS
The School Board of Miami-Dade County, Florida
Perla Tabares Hantman, Chair
Dr. Lawrence S. Feldman, Vice Chair
Dr. Dorothy Bendross-Mindingall
Carlos L. Curbelo
Renier Diaz de la Portilla
Dr. Wilbert “Tee” Holloway
Dr. Martin Karp
Dr. Marta Pérez
Raquel A. Regalado
Superintendent of Schools
Alberto M. Carvalho
Student Advisor
(cid:2)(cid:3)(cid:4)(cid:5)(cid:6)(cid:7)(cid:8)(cid:3)(cid:9)(cid:10)
MIAMI-DADECOUNT
• Y•

giving our students
the world
PUBLICSCHOOLS
THE SCHOOL BOARD OF
MIAMI-DADE COUNTY, FLORIDA

EXECUTIVE SUMMARY
TENTATIVE BUDGET

Fiscal Year 2012-13

MIAMI-DADE COUNTY PUBLIC SCHOOLS
1450 Northeast Second Avenue
Miami, Florida 33132

TABLE OF CONTENTS

INTRODUCTION Page
Superintendent’s Budget Message
Board Members ...................................................................................................... 1-2
Other Principals Officials Appointed ....................................................................... 1-4
District Organization Chart ...................................................................................... 1-5
Distinguished Budget Presentation Award .............................................................. 1-7
Introduction ............................................................................................................. 1-9
FY 2012-13 Budget ................................................................................................. 1-13
Budget Calendar ..................................................................................................... 1-17
Budget Process ....................................................................................................... 1-18
Budget Controls ...................................................................................................... 1-20
Basis of Budgeting .................................................................................................. 1-20
Budget Trends ........................................................................................................ 1-21
Budget Development Process ................................................................................. 1-22
Communication with Stakeholders .......................................................................... 1-23
Financial Policies .................................................................................................... 1-23
Description of Other Budget Documents ................................................................. 1-25

ORGANIZATION
One District Goal ..................................................................................................... 2-1
Strategic Framework ............................................................................................... 2-2
District/School Operations ..................................................................................... 2-3
Office of Curriculum and Instruction ....................................................................... 2-10
Education Transformation Office ............................................................................. 2-20
Financial Services ................................................................................................... 2-23
Office of Human Resources, Recruiting , Performance Management ..................... 2-27
and Labor Relations
Office of School Facilities ........................................................................................ 2-30
Office of Intergovernmental Affairs, Grants Administration ...................................... 2-34
and Community Service
Office of Communications......................................................................................... 2-38
School Police and District Security ........................................................................... 2-41

BUDGET OVERVIEW - ALL FUNDS
Three-Year Budget Comparison.............................................................................. 3-1
Summary of Revenues and Appropriations ............................................................. 3-2
Budget Overview .................................................................................................... 3-3
Unweighted FTE Trends ......................................................................................... 3-5
Property Tax Millage History ................................................................................... 3-6
Barriers to Protecting The Classroom ..................................................................... 3-7

GENERAL FUND
Summary of Revenues and Appropriations ............................................................. 4-1
A Decade of the General Fund Revenue & Contingency Reserve .......................... 4-2
Major Sources of Revenue ...................................................................................... 4-3
Where Does the Money Go? ................................................................................... 4-6
General Fund Detail by Section............................................................................... 4-8
M-DCPS’ Managed Schools .................................................................................... 4-8
Charter Schools ...................................................................................................... 4-9
State Categorical Programs .................................................................................... 4-10
Central Accounts ..................................................................................................... 4-11
Non-School District Budgets ................................................................................... 4-12
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TABLE OF CONTENTS (Continued) Page

DEBT SERVICE FUNDS
Overview ................................................................................................................ 5-1
Summary of Debt Service Funds ............................................................................. 5-2
Summary of Debt Service Funds Five Year History ................................................. 5-4
State Board of Education (SBE) Fund ..................................................................... 5-5
American Recovery and Reinvestment Act (ARRA) ................................................ 5-6
Certificates of Participation (COPs) Fund ................................................................ 5-7
Master Equipment/Technology/ERP Lease Agreement ........................................... 5-8
Qualified Zone Academy Bonds (QZABs) ............................................................... 5-9
General Obligation Bond (GOB) Fund ..................................................................... 5-10
Debt Service as a Percentage of Total Taxable Assessed ..................................... 5-11
Value of Property
Future Debt Service Requirements ......................................................................... 5-13
Estimated Legal Debt Margin on Bonded Debt ........................................................ 5-15
District Bond and Note Ratings ............................................................................... 5-16

CAPITAL OUTLAY FUNDS
Overview ................................................................................................................. 6-1
Education Through Innovation ................................................................................ 6-2
Funding Sources and Balances Available for Appropriations .................................. 6-3
Summary of Capital Outlay Funds – 5 year History ................................................. 6-4
Historical Highlights ................................................................................................. 6-5
Five Year Revenue and Appropriations Analysis .................................................... 6-6
Appropriations ......................................................................................................... 6-8
Revenue Trends ..................................................................................................... 6-9
Proposed Uses of Local Optional Millage Levy ....................................................... 6-12
Impact Fee Revenue ............................................................................................... 6-13
District Debt Obligations and Issuances .................................................................. 6-14
Sustainability Initiatives ........................................................................................... 6-18

SPECIAL REVENUE FUNDS
All Special Revenue Funds:
Summary of Revenues and Appropriations .......................................................... 7-1
Contracted Programs Fund:
Overview .............................................................................................................. 7-2
Summary of Revenue and Appropriations ............................................................ 7-3
Schedule of New Grants Included in Budget ........................................................ 7-4
Summary of Appropriations by Function .............................................................. 7-5
American Recovery and Reinvestment Act (ARRA)
Economic Stimulus Fund:
ARRA State Stabilization Economic Stimulus Fund .............................................. 7-7
Schedule of New Grants Included in State Stabilization Funds ........................... 7-8
Summary of Appropriations by Function for State Stabilization Funds ................. 7-9
ARRA Economic Stimulus Funds ......................................................................... 7-11
Schedule of New Grants included in Economic Stimulus Funds ........................... 7-12
Summary of Appropriations by Function for Economic Stimulus Funds ............... 7-13
Summary of Revenues & Appropriations – Race To The Top .............................. 7-15
Schedule of Grants included in Race To The Top ................................................ 7-16
Summary of Appropriations by Function for Race To The Top ............................. 7-17
Food Service Fund:
Overview .............................................................................................................. 7-19
5 Year History ..................................................................................................... 7-21
Summary of Revenues and Appropriations .......................................................... 7-23
Statistical Data ..................................................................................................... 7-25
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TABLE OF CONTENTS (Continued) Page

Miscellaneous Special Revenue:
Summary of Revenues and Appropriations – ...................................................... 7-27
Miscellaneous Consolidated Special Revenue
5 Year History ...................................................................................................... 7-28
Description of Fund – Special Events Fund .......................................................... 7-29
Summary of Revenues and Appropriations – Special Events ............................... 7-30
5 Year History ...................................................................................................... 7-31
Description of Fund – School Board Law Enforcement Trust Fund ...................... 7-33
Summary of Revenues and Appropriations – ...................................................... 7-35
School Board Law Enforcement
5 Year History ...................................................................................................... 7-36

PROPRIETARY FUND
Internal Service Fund:
Description of Fund – Self-Insured Healthcare ..................................................... 8-1
Summary of Revenue and Expenses ................................................................... 8-2
5 Year History ...................................................................................................... 8-3

FIDUCIARY FUND
Fiduciary Fund - Pension Trust Fund:
Description of Fund - Pension Trust Fund ............................................................ 9-1
Summary of Revenues and Appropriations .......................................................... 9-2
5 Year History ...................................................................................................... 9-3

APPENDIX A - GENERAL FUND REVENUE AND APPROPRIATION ANALYSES
Comparison of Revenues and Other Sources ...................................................... A-1
FEFP Revenue Analysis ...................................................................................... A-5
FTEuw and FTEw by Program ............................................................................. A-6
2012-13 Estimate of Non-Voted Property Tax Levy & .......................................... A-9
Rollback Rate
Five Year Trend Analysis of Calculated Millage .................................................. A-10
Yields and Rates
Summary of Appropriations by Object of Expenditure .......................................... A-11
Details of Major Revenue Changes ...................................................................... A-12
Details of Major Appropriation Changes ............................................................... A-15

APPENDIX B - CAPITAL OUTLAY BUDGET PLAN
Estimated Carry Forward Balances ..................................................................... B-1
Capital Funding Matrices...................................................................................... B-8
Capital Revenue Options and Legal References .................................................. B-13

APPENDIX C - STATISTICAL HIGHLIGHTS ............................................................... C-1

APPENDIX D - GLOSSARY ......................................................................................... D-1

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THE SCHOOL BOARD OF MIAMI-DADE COUNTY, FLORIDA
Ms.PerlaTabaresHantman Dr.LawrenceS.Feldman Dr.Wilbert"Tee"Holloway
Chair ViceChair District1
District4 District9
Dr.DorothyBendross-Mindingall Dr.MartinS.Karp Mr.RenierDiazdelaPortilla
District2 District3 District5
Ms.RaquelA.Regalado Mr.CarlosL.Curbelo Dr.MartaPérez
District6 District7 District8
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