LITTLE ROCK SCHOOL DISTRICT Court Submission February 25, 1994 1994-95 BUDGET DEVELOPMENT ACTIVITIESd d d TABLE OF CONTENTS d Item Page No. d Program Planning and Budgeting Process Chart d Chronology of Events 1 d d Revenue and Expenditures for the Seven Month Periods Ended January 31, 1993 & 1994 12 d 1992-94 Revenue and Expenditures 14 d 1992-95 Revenue and Expenditures 16 d Assumptions 1994-95 18 d Strategies 1994-95 19 d d II dr II II II Program Planning & Budgeting Process February 25, 1994 d Management Tool 1994-96 II 5 12 19 S 8 15 9 16^ 2 10 17 11 ++ Completed * In Progress ** To be done in sequence Reassessment of Process and U- . NeedSfc 4^ Assessments A-d H d 1 2 3 4 6 C 1 J 4 II Organization 1 d n Program Inventory+-t- Program Evaluation Desegregation Plan 2 ,** H 1 Students II Public Input Planning & Budget Goals' n 6 Monitoring & Reporting II Program Budget Document Budgeting* 3 n 5 4 d Little Rock School District r H II LITTLE ROCK SCHOOL DISTRICT II PROGRAM PLANNING AND BUDGETING PROCESS II CHRONOLOGY OF EVENTS II n II H II n II II 11 II n H n DATE ACTIVITY RESPONSIBLE PERSON(S) July 1, 1993 July 9, 1993 7:00 p.m. July 12. 1993 July 14, 1993 July 15, 1993 July 13-16, 1993 July 19, 1993 July 21, 1993 July 22, 1993 July 23, 1993 Began fiscal year 93-94. LRSD Board of Directors Interim Superintendent During Special Board Meeting, distributed draft of Budget Specialists Program Planning and Budget Document to: Z Board of Directors Z LRSD Administrators Z Public LRSD Council meeting to discuss of: Z Staffing efficiency / Citizen and employee suggestions relating to prior year Z Planning process Z Budget Reductions Began to identify programs for "fast-track" evaluation. Special Board meeting
Board approved the closing of Ish School. Reviewed Budget Specialist's document. Initial LRSD Program Planning and Budget Document drafted. LRSD Council meeting including
Z Program identification and coding of final list by Budget Specialist Z Began work on non-desegregation list Discussion of LRSD document with Budget Specialist. Regular Board meeting
Desegregation Audit update. LRSD Council work session to refine budget calendar, tasks and responsible persons. Interim Superintendent Interim Superintendent Interim Superintendent LRSD Council LRSD Board of Directors Interim Superintendent LRSD Council Interim Superintendent LRSD Council LRSD Cabinet LRSD Board of Directors Interim Superintendent LRSD Council 1 Ir H II PROGRAM PLANNING AND BUDGET PROCESS Q II n II n II n a n II n II n n DATE ACTIVITY RESPONSIBLE PERSON(S) July 26, 1993 July 26. 1993 July 27, 1993 July 27, 1993 July 28, 1993 July 28, 1993 July 29, 1993 July 30, 1993 July 30. 1993 August. 1993 August 2. 1993 August 3. 1993 August 4. 1993 August 4, 1993 August 5. 1993 Work session to discuss rewrite of LRSD Program Planning and Budget Document. Copy sent to Board for review prior to the July 28. 1993. Board meeting. Completed review of secondary schools staffing. Designated the Director of Planning. Research. & Evaluation as the lead planner. Stephens School site selection process. Memo from Budget Specialist regarding Program Planning and Budget Document. Special Board meeting
discussed and reviewed draft of LRSD Program Planning and Budget Document with the Board. Thorough discussion of the document by the Board, which adopted the planning and budgeting process. Changes made to the LRSD Program Planning and Budget Document to reflect Board input. Defined needs assessment process, format and purpose. LRSD Program Planning and Budget Document filed with the Court and sent to Board members. Appointed two Board members to participate in work sessions to establish mission statement and tentative goals. LRSD Council meeting to discuss planning process. Meeting with Budget Specialist regarding Desegregation Audit and budget process. Began position control document edit. LRSD Council meeting to discuss: / Proportional allocation formulas Public and District forums Monthly and quarterly reporting Initiated plans for community and District forums. Interim Superintendent LRSD Council Interim Superintendent Director. Human Resources Interim Superintendent Site Selection Committee Director of Planning. Research & Evaluation LRSD Board of Directors Interim Superintendent Interim Superintendent LRSD Council Director of Planning. Research & Evaluation Interim Superintendent LRSD Board of Directors Interim Superintendent Interim Superintendent LRSD Council Director of Planning. Research & Evaluation Director. Human Resources Manager of Support Services Interim Superintendent LRSD Council Director of Planning. Research & Evaluation 2r H H PROGRAM PLANNING AND BUDGET PROCESS II II DATE ACTIVITY RESPONSIBLE PERSON(S) August 6, 1993 II H II li II II n II II II n H August 6, 1993 August 10. 1993 August 11, 1993 August 16, 1993 August 17, 1993 August 20, 1993 August 20, 1993 August 23, 1993 August 24, 1993 August 25, 1994 August 26, 1993 August 27, 1993 August 30, 1993 August 30, 1993 August 31, 1993 Requested copies of City of Little Rock Needs Assessment for Future Little Rock project. Revision of Budget Specialists procedures document. Stephens School site selection process. Joint meeting of LRSD Board/City of Little Rock Board. Discussion of Desegregation Plan and Future Little Rock Task Force report. Organized position control team and established team meeting dates. Distributed draft of Procedures Manual. Began development of proportional allocation formulas. Conducted work session in preparation for goal setting work session. Preparation of marketing and recruitment strategies Position Control Team meeting. Reviewed responses to draft of Position Control Procedures Manual. Stephens School site selection process. LRSD Cabinet discussion of planning document
pre-goal setting. Regular Board meeting: report on the Program Planning and Budget process. Began development of monitoring and reporting procedures and issued instructions, as needed. Position Control Team meeting. Discussion of: Standardization of forms Manual revisions Monthly manpower reports LRSD Council meeting: Discussed Fast Track Evaluation format Developed topics to evaluate Filed August Project Management Tool with Court. Interim Superintendent Director of Planning, Research & Evaluation Site Selection Committee LRSD Board of Directors Director. Human Resources Manager of Support Services Manager of Support Services Superintendent LRSD Council Marketing Consultant Director. Human Resources Manager of Support Services Site Selection Committee Interim Superintendent LRSD Cabinet LRSD Board of Directors Director of Planning, Research & Evaluation Director, Human Resources Manager of Support Services Interim Superintendent LRSD Council Interim Superintendent 3r H II PROGRAM PLANNING AND BUDGET PROCESS N II n n DATE August 31, 1993 August 31, 1993 Septembers, 1993 September 1, 1993 ACTIVITY Work session with Board. Developed mission statement and tentative goals. Stephens School site selection process. Distribution of Program Planning and Budget Document diskettes. Format developed by Budget Specialist. Stephens School site selection process. RESPONSIBLE PERSON(S) LRSD Board of Directors Interim Superintendent Site Selection Committee Director of Planning, Research & Evaluation Site Selection Committee n September 9, 1993 Hired Planning Specialist. LRSD Board of Directors September 9, 1993 H n a q q q q q September 10, 1993 September 13, 1993 September 15, 1993 Special Board meeting during which the Board: Approved mission statement and tentative goals from August 31, 193 session. Reviewed: Issues related to needs assessment Desegregation Program Inventory Report Mission Statement/Goals / Established guidelines for determining written priorities for the annual budget (1994-95) Reviewed and provided guidance related to proportional allocation formula Considered strategies for funding shortfall Identified/approved program for fast track evaluation Provided input regarding public forums Filed Desegregation Audit with Court. Position Control Team meeting. Completed revisions to forms and manual. Discussed implementation schedule/plan. Participation in LRSD/City of Little Rock Collaborative Effort. Discussed Desegregation Plan. LRSD Board of Directors Director of Planning, Research & Evaluation Director, Human Resources Manager of Support Services LRSD Board of Directors q 4d d PROGRAM PLANNING AND BUDGET PROCESS II If q q q q II n If II II II II M n DATE ACTIVITY RESPONSIBLE PERSON(S) September 15, 1993 September 16, 1993 September 18, 1993 September 20, 1993 September 22-23, 1993 September 23, 1993 September 23, 1993 September 21,1993 September 29, 1993 September 30, 1993 September 30, 1993 October 1, 1993 October 4, 1993 October 5, 1993 October 8, 1993 October 11, 1993 Held principals meetings to review: Z Mission Statement Z Goals Z Program Planning and Budget Document Z Program Budget Document terms and data element definitions Z Desegregation Plan/School Operations Z 1993-94 Budget Allocation Preparation of marketing and recruitment strategies. Preparation of marketing and recruitment strategies. Inservice for inputing achievements on the Program Planning and Budget Document. Regular Board meeting. Board raised issues and gave additional direction to staff regarding Desegregation Update (School Operations section of Program Budget Document). Position Control Team meeting. Drafted implementation plan. Preparation of marketing and recruitment strategies. Position Control Team meeting. Dratted instructions for using forms. Filed September Project Management Tool with Court. Position Control Team meeting. Package manual for approval. Preparation of marketing and recruitment strategies. Conducted follow-up training for using the WordPerfect file. Position Control Team meeting. Distributed manpower and substitute usage reports. Discussed new monthly internal reporting. Held public forum at Cloverdale Elementary School. LRSD Council LRSD Council Marketing Consultant LRSD Council Marketing Consultant Director of Planning, Research & Evaluation LRSD Board of Directors Director, Human Resources Manager of Support Services LRSD Council Marketing Consultant Director, Human Resources Manager of Support Services Interim Superintendent Director, Human Resources Manager of Support Services LRSD Council Marketing Consultant Instructional Resources Center Director, Human Resources Manager of Support Services Superintendent 5r ri ri PROGRAM PLANNING AND BUDGET PROCESS ri ri DATE ACTIVITY RESPONSIBLE PERSON(S) October 12, 1993 ri ri ri H H ri 11 11 d II ri ri October 13, 1993 October 15, 1993 October 19, 1993 October 26, 1993 October 28, 1993 October 31, 1993 November 2, 1993 November 3, 1993 November 8, 1993 November 10, 1993 November 10, 1993 November 12, 1993 November 15, 1993 November 16, 1993 November 16, 1993 Preparation of marketing and recruitment strategies. Work session with Associate Monitor. ODM. Position Control Team meeting. Completed instructions for forms. Reassignment of employee to Human Resources as project manager to implement position control procedures and data analysis. Held public forum at Parkview Magnet High School. Regular Board meeting
status report regarding outsourcing. Fiied October Project Management Tooi with Court. Orientation of new Board members, including the planning and budget process. Filed First Quarter Status Report of the Program Planning and Budget Document with Court. LRSD Council meeting to discuss: Non-desegregation Programs Proportional allocation formulas Review of management tool and development of process for improving the document LRSD Council reviewed the Desegregation Audit - Phase II and categorized all desegregation commitments recently submitted to Court. Held public forum at Bale Elementary School. LRSD Council work session on Desegregation Audit. LRSD Council meeting to discuss nondesegregation programs. Held public forum at Forest Heights Junior High School. Court approval of magnet school budgets. LRSD Council Marketing Consultant Manager of Support Services Director, Human Resources Manager of Support Services Superintendent Superintendent LRSD Board of Directors Superintendent Superintendent Superintendent Superintendent LRSD Council Superintendent LRSD Council Superintendent Superintendent LRSD Council Superintendent LRSD Council Superintendent Magnet Review Committee 6r II H PROGRAM PLANNING AND BUDGET PROCESS II II q II q II q II II n n II n H DATE ACTIVITY RESPONSIBLE PERSON(S) November 18, 1993 November 19, 1993 November 22, 1993 November 23, 1993 November 29, 1993 November 30, 1993 November 30, 1993 November 30, 1993 December 2, 1993 December 2, 1994 December 3, 1993 December 3, 1993 December 6, 1993 Regular Board meeting during which Board members: / Raised issues regarding a comparison of staffing and staffing patterns for 1992-93 and 1993-94 (numbers, costs) / Requested a report for our December 17, 1993, Board meeting on the projections for the 1994-95 budget, as well as deficit shortfalls / Requested a review of the Budget Planning Document for December 17, 1993, Board meeting LRSD Cabinet meeting to discuss business case formats. LRSD Council meeting to discuss criteria for Fast Track Evaluation
business cases submitted to ODM. District Dialogues meeting with central office administration. LRSD Council meeting to discuss: Proportional allocation formulas Non-desegregation programs Project Management Tool Developed 94-95 budget training material. Filed November Project Management Tool with Court. Held public forum at Rockefeller Incentive School Special Board meeting. Reviewed Project Management Tool and Program Planning and Budget Document. Approved tentative organizational chart. Response by Human Resources regarding the Boards November 18 request for staffing information. Developed instructions for 94-95 budget preparation. Filed Notice of LRSD Board Involvement with Court. Held public forum at Garland Incentive School. LRSD Board of Directors Superintendent LRSD Cabinet Superintendent LRSD Council Superintendent Superintendent LRSD Council Manager of Support Services Superintendent Superintendent LRSD Board of Directors Director, Human Resources Manager of Support Services Superintendent Superintendent 7F H II PROGRAM PLANNING AND BUDGET PROCESS N II n II H H n n n II II n n n DATE ACTIVITY RESPONSIBLE PERSON(S) Decembers, 1993 December 9, 1993 December 13, 1993 December 13, 1993 December 14, 1993 December 15, 1993 December 15, 1993 December 16, 1993 December 17. 1994 December 22, 1993 December 31. 1993 January 4, 1994 January 6, 1994 January 7, 1994 January 10. 1994 LRSD Council meeting to discuss
Desegregation Audit / Proportional allocation formulas Meeting with program supervisors regarding new internal reports and the 94-95 budget process. LRSD Council meeting to discuss action plan to address the Incentive School Monitoring Report. Participation in LRSD/City of Little Rock Collaborative Effort. Discussed Desegregation Plan. Work session with elementary principals: / Rediscussed new internal monthly reports / Distributed 94-95 proposed budget allocations / Distributed 94-95 budget instructions District Dialogues meeting with teachers. Met with Support Services Directors and other department heads regarding the 94-95 budget process and allocations. Regular Board meeting
approved business case to purchase Romine theme equipment
update on 94- 95 budgeting process and meetings with budget managers. Fiied LRSD 1993-94 Budget with Court. Received distribution of 1993 final tax settlement funds. First notice of distribution problem. Filed December Project Management Tool with Court. District Council meeting to discuss: Desegregation Audit - Phase II Board Retreat Fast Track Evaluations District Dialogues meeting with principals. Met with Coopers & Lybrand regarding outsourcing. District Council meeting to discuss early retirement incentive and Desegregation Audit - Phase II. Superintendent LRSD Council Manager of Support Services Superintendent LRSD Council LRSD Board of Directors Manager of Support Services Superintendent Manager of Support Services LRSD Board of Directors Superintendent Manager of Support Services Superintendent Superintendent LRSD Council Superintendent LRSD Council Superintendent LRSD Council 8r II H PROGRAM PLANNING AND BUDGET PROCESS II n n II H H II II II u DATE ACTIVITY RESPONSIBLE PERSON(S) January 11, 1994 January 12, 1994 January 13, 1994 January 13, 1994 January 13, 1994 January 13, 1994 January 18, 1994 January 18, 1994 Meeting with county officials to discuss shortfall on final tax settlement. Filed Response of LRSD to ODM Budget with Court. Met with County Collector to discuss final tax settlement progress. Met with Budget Specialist to discuss: Z Overview of new process Z Use of Tool Z Desegregation and Non-desegregation expenditures Met with instructional supervisors to discuss Fast Track Evaluations. Special Board meeting
discussion of agenda for Board Retreat. LRSD Council meeting to discuss
Z Board Retreat Z Fast Track Evaluations Z Proportional Allocation Formulas Z Desegregation Audit - Phase II Met with Coopers & Lybrand regarding outsourcing. Manager of Support Services Superintendent Manager of Support Services Director of Planning, Research & Evaluation Manager of Support Services Deputy Superintendent LRSD Board of Directors Superintendent LRSD Council LRSD Board of Directors January 28, 1994 LRSD Cabinet meeting to discuss the Project Management Tool and training. Superintendent LRSD Cabinet II II n H January 31, 1994 January 31, 1994 February 1, 1994 February 2, 1994 February 3, 1994 February 3, 1994 February 3, 1994 LRSD Council meeting to discuss transportation issues and fleet. Filed January Project Management Tool with Court. LRSD Cabinet meeting to discuss Fast Track Evaluations. Discussion of Board Retreat. Met with Budget Specialist to discuss: Z Desegregation/Non-Desegregation expenditures Z Program Planning and Budget Document Joint meeting of LRSD/City of Little Rock regarding Future Little Rock Task Force joint efforts. District Dialogues meeting with classified staff. Superintendent LRSD Council Superintendent Superintendent LRSD Cabinet LRSD Council Director of Planning, Research & Evaluation Manager of Support Services LRSD Board of Directors Superintendent 9II II PROGRAM PLANNING AND BUDGET PROCESS n II n II n II n II w II n DATE February 4, 1994 February 4-5, 1994 February 7, 1994 February 7, 1994 February 9, 1994 February 9, 1994 February 14, 1994 February 15, 1994 February 15, 1994 February 17, 1994 February 18, 1994 ACTIVITY LRSD Cabinet meeting to discuss: Program Planning and Budget Document mini inservice Project Management Tool Studies and Reports: Arkansas Minimum Performance Test Curriculum Audit Educational Equity Monitoring School Climate/Human Relations Survey Student Achievement Test, Eighth Edition Board Retreat. Discussion of the budget process from July 1, 1993 to present and 1994-95 major budget issues^ LRSD Council meeting to discuss: Board Retreat Early retirement incentive program Negotiations Fast Track Evaluations Filed Second Quarter Status Report of the Program Planning and Budget Document with Court. ASBO Convention. Discussed Workers Compensation and 94-95 budget impact. Announcement of State Aid miscalcuiation and reiease of statewide printout showing effects. State Board of Education meeting regarding state aid shortfall. Met with Magnet Review Committee regarding status of the 94-95 budget process. Magnet school principals in attendance provided input. Met with County Assessor to discuss final tax settlement. Special Board meeting regarding: State Aid shortfall Early retirement incentive Outsourcing Bond Refunding Meeting with Governor Tucker regarding State Aid issues. 10 RESPONSIBLE PERSON(S) Superintendent LRSD Cabinet LRSD Board of Directors Superintendent Superintendent LRSD Council Superintendent Manager of Support Services Manager of Support Services Manager of Support Services Manager of Support Services Manager of Support Services LRSD Board of Directors SuperintendentF II II PROGRAM PLANNING AND BUDGET PROCESS N II q q q q II q q q q q q q DATE ACTIVITY RESPONSIBLE PERSON(S) February 21-22, 1994 February 21-24, 1994 February 21-23, 1994 February 23, 1994 February 24, 1994 Meetings with individual Board members regarding program planning and budgeting. District Council meetings to discuss program planning and budgeting in preparation for Court hearing on February 25, 1994. District Council meetings to complete Phase II of Desegregation Audit. Joint Interim Education Committee meeting regarding school funding formula
distribution of revised data. Meeting with local legislators to discuss school funding issues. 11 Superintendent Manager of Support Services Superintendent LRSD Council LRSD Council Manager of Support Services LRSD Board of Directorsr II II II H q q q q q II q q 11 LITTLE ROCK SCHOOL DISTRICT OPERATING, DEBT SERVICE AND DESEGREGATION FUNDS FOR THE SEVEN MONTH PERIODS ENDED JANUARY 31,1993 4 1994 APPROVED 1992/93 RECEIPTS 01/31/93 % COLLECTED APPROVED 1993/94 RECEIPTS 01/31/94 % COLLECTED REVENUE-LOCAL SOURCES CURRENTTAXES DELINQUENT TAXES 40% PULLBACK EXCESS TREASURERS FEE DEPOSITORY INTEREST REVENUE IN UEU OF TAXES MISCELLANEOUS AND RENTS INTEREST ON INVESTMENTS ATHLETIC RECEIPTS___________ TOTAL REVENUE - COUNTY SOURCES COUNTY GENERAL SEVERANCE TAX______________ TOTAL REVENUE - STATE SOURCES MFPA SETTLEMENT PROCEEDS SETTLEMENT LOAN APPORTIONMENT VOCATIONAL HANDICAPPED CHILDREN ORPHAN CHILDREN EARLY CHILDHOOD TRANSPORTATION INCENTIVE FUNDS - M TO M ADULT EDUCATION COMPENSATORY EDUCATION TOTAL 39,088,120 4,250,186 21,694,576 140,000 300,000 224,667 461,000 300,000 100.857 66.559,406 39.701,855 2,363,973 0 145,690 245,270 245,162 115,067 188,336 0 43.005.:^ 101.57% 41,027,982 55.62% 0.00% 104.06% 81.76% 109.12% 24.96% 62.78% 0.00% 4,502,692 21,420,949 145,690 303,000 245,162 484,050 350,000 102,874 64.61% 68382,399 39,161,056 3,056,253 _________0 146,379 259,545 162,353 28,202 159,042 _________0 42.992,830 95.45% 67.88% 0.00% 100.47% 85.66% 74.38% 5.83% 45.44% 0.00% 62.69% 73,419 11,000 84,419 48,952 0 48,952 66.67% 0.00% 57.99% 73,419 18,000 91,419 36,605 0
36,605 49.86% 0.00% 40.04% REVENUE - OTHER SOURCES PUBLIC LAW 874 TRANSFER FROM OTHER FUND TRANSFER FROM BOND ACCT TOTAL TOTAL OPERATING REVENUE REVENUE-FEDERAL GRANTS CHAPTER I CHAPTER II TITLE VI B OTHER TOTAL REVENUE-MAGNET SCHOOLS STATE/LOCAL________________ TOTAL TOTAL REVENUE 27,042,713 8,926,606 1,500,000 73,419 1,341,887 821,449 3,000 229,403 2,692,563 2,490,900 697,589 548,034 46,367,563 14,969,069 3,889,954 _________0 36,714 512,902 8,580 3,540 160,194 985,510 756,256 432,991 422,702 22.1^,412 55.35% 43.58% 0.00% 50.01% 38.22% 1.04% 118.00% 69.83% 36.60% 30.36% 62.07% 77.13% 25,350,138 8,094,112 ________0 ________0 1,341,887 1,210,000 3,540 240,873 2,700,000 2,883,425 768,715 575,435 14,132,267 4,036,652 ________0 ________0 605,261 325,396 47.83% 43.168.125 _________0_ 144,626 2,191,636 930,703 350,079 _________0_ 22,716.622 55.75% 49.67% 0.00% 0.00% 45.11% 26.69% 0.00% 60.04% 61.17% 32.28% 45.54% 0.00% 5Z62% 40,000 262,000 600,000 902.000 113,913.388 4,288,755 215,020 589,011 1,186,464 6,279,250 14,278,796 14,278,796 134,471,434 21,795 0 0 21,795 65,254,512 1,799,383 0 228,647 505,350 2,533.380 5,128,287 5,128,287 72,916,179 12 54.49% 0.00% 0.00% ^42% 57.28% 41.96% 0.00% 38.82% 42,59% 40,000 1,250,000 500,000 1,790,000 113.631.943 0 1,023 0 1.023 65.747,080 0.00% 0.08% 0.00% 0.06% 57.86% 4,280,691 192,433 624,024 1,091,051 40.35% 6.188.199 0 0 443,733 638,918 1,082,651 0.00% 0.00% 71.11% 58.56% 17.50% 35.92% 14,554,670 35.92% 14.554,670 54.22% 134,374,812 4,025,674 4,025,674 70,855,405 27.66% 27.66% 52.73%r II II II II II q II q q q q q q q q LITTLE RCTCK SCHOOL DISTRICT OPERATING, DEBT SERVICE AND DESEGREGATION FUNDS FOR THE SEVEN MONTH PERIODS ENDED JANUARY 31.1993 i 1994 EXPENDTFURES SALARIES BENEFITS PUR SER,SUPPLIES,EQUIP DEBT SERVICE CONTINGENCY TOTAL OPERATINQ EXPENSES EXPENSES-FEDERAL GRANTS EXPENSES-MAGNET SCHOOLS TOTAL EXPENSES APPROVED 1992/93 EXPENDED 01/31/93 % EXPENDED APPROVED 1993/94 EXPENDED 01/31/94 % EXPENDED 73.581,345 9,941,433 21,652,668 9,597,115 500,000 115.272561 6,764.930 14,278,796 136.316.287 33,066,131 4,580,143 9,552,641 8,753,445 0 55.952.380 2,128,177 5,802,374 63.882511 13 44.94% 46.07% 44.12% 91.21% 0.00% 48.S44t 31.46% 40.64% 75,954523 9,306,556 21,849,168 8,870,123 1,000,000 116.980.370 7.074,106 14,554,670 48.86% 138.609.148 34.719,475 4,325,538 8,528,359 8,207,713 0 55.781.0 2.310.223 6,032,285 64.123593 45.71% 46.48% 39.03% 92.53% 0.00% 47.6W 32.66% 41.45% 48.26% Lr n II II LITTLE ROCK SCHOOL DISTWCT 1992-94 REVENUE AND EXPENDITURES ACTUAL AND PROJECTED FOR COURT SUBMISSION 02-25-94 n ACTUAL 1991-92 ACTUAL 1992-93 BUDGET 1993-94 ACTUAL 01/31/94 ESTIMATED 2/1-6/30 PROJECTED 06-30-94 q q q REVENUE - LOCAL SOURCES CURRENTTAXES 40% PULLBACK DELINQUENT TAXES EXCESS TREASURERS FEES DEPOSITORY INTEREST REVENUE IN LIEU OF TAXES MISC. AND RENTS INTEREST ON INVESTMENTS ATHLETIC RECEIPTS 38,196.979 21,081.833 4.250.186 140.858 241.476 224.667 406.878 354.446 100.857 39.701.855 22.220.949 4.293.380 145.690 360.734 245.162 574.918 208.519 87.005 41,027,982 21,420,949 4,502,692 145,690 303,000 245,162 464,050 350,000 102,874 39,161,056 0 3,056,253 146,379 259,545 182,353 28,202 159,042 0 429,023 21,420,949 1,771,117 0 43,455 0 455,848 160,000 102,874 39.590.079 21.420.949 4.827.370 146.379 303.000 182.353 484.050 319.042 102.874 q TOTAL 64,998,180 87,838^12 88^,399 42,992,830 24,383,266 67,376,096 REVENUE - COUNTY SOURCES COUNTY GENERAL SEVERANCE TAX 73.419 15.350 73,428 18.031 73.419 18.000 36.605 0 36.814 18.000 73.419 18.000 TOTAL 88,769 91,459 91.419 36,605 54,814 91,419 REVENUE - STATE SOURCES MFPA SETTLEMENT PROCEEDS SETTLEMENT LOAN APPORTIONMENT VOCATIONAL HANDICAPPED CHILDREN EARLY CHILDHOOD ORPHAN CHILDREN TRANSPORTATION COMPENSATORY EDUCATION M TO M TRANSFERS ADULT EDUCATION 27.264.460 8.637.482 4.500.000 73.426 1.513.699 824.870 147.050 3.000 2.379.879 858.743 1.770.486 697.589 25.275.221 8.926.606 1.500.000 72.694 1.261.451 1.139.235 234.403 3.540 3,198,252 563,602 2,127,216 799344 25.350.138 8.094.112 0 0 1.341,887 1210.000 240.873 3340 2.700.000 575.435 2.883.425 768.715 14,132,267 4,036,652 0 0 605,261 325,396 144,626 0 2,191,638 0 930,703 350,079 11,437,544 4,057,460 0 0 736,626 884,604 96,247 3,540 506,362 575,435 1,952,722 418,636 25.569.811 8.094.112 0 0 1.341.887 1.210.000 240.873 3,540 2,700,000 575,435 2,883,425 768,715 iK i ~7') TOTAL 48,670,684 45,101.764 43,166.125 22,716,622 20,671.176 43.387.798 REVENUE - OTHER SOURCES PUBLIC LAW 874 TRANSFER FROM OTHER FUND TRANSFER FROM BOND ACCT 9.385 129.426 394.675 40.866 171.006 40.000 1.250.000 500.000 0 1.023 0 40.000 1.248.977 500.000 40,000 1,250,000 500,000 TOTAL 533,488 211,872 1,790,000 1,023 1,788,977 1,790,000 TOTAL REVBJUE OPERATINQ 114,291,121 113,243.307 1113,631.943 65,747.080 46.898.233 112.645,313 14H II II II n n q II q q q q I I UTTLE ROCK SCHOOL DISTRICT 1992-94 REVENUE ANO EXPENDITURES ACTUAL ANO PROJECTED FOR COURT SUBMISSION 02-25-94 REVENUE-FEDERAL GRANTS CHAPTER I CHAPTER II TITLE VI B OTHER TOTAL REVENUE-MAGNET SCHOOLS STATEA-OCAL TOTAL TOTAL REVB4UE EXPENSES SALARIES BENEFTTS SERVICES.SUPP.EQUIP DEBT SERVICE CONTINGENCY RESERVE FOR ENCUMBR TOTAL OPERATMQ EXPBISES EXPENSeS-FEDERAL GRAffTS ACTUAL 1991-92 3,275,099 224,423 558,810 1,164,511 5.222.843 13,887,841 13,887.8*1 133,401.805 73,191,213 8,992,742 22,470,043 7,950,100 0 0 112,604,098 5,132,152 EXPENSES-MAGNET SCHOOLS TOTAL EXPBJSES INCREASE (DECREASE) IN FUND BALANCE BEGINNING FUND BALANCE FEDERAL OPERATING ENDING FUND BALANCE FEDERAL OPERATING TOTAL 13,887,841 131.624,091 1,777,714 552,490 634,844 643,181 2,321,867 2,965,048 ACTUAL 1992-93 4,288,755 215,020 589,011 1,221,200 8,313,986 13,548,434 13.548:434 1ffl,105.727 71,912,128 9,908,175 20,080,366 9,554535 0 714,896 112,170,100 5,992,216 13,548,434 131,710,750 1,394,977 643,181 2,321,867 964,951 3,395,074 4,360,025 BUDGET 1993-94 4,280,691 192,433 624,024 1,091,051 6.188,189 14,554,670 14,554,670 134.374,812 75,954523 9,306,556 21,849,168 8,870,123 1,000,000 0 116,980
370 7,074,106 14,554,670 138,609,146 (4,234,334) 964,951 4,109,970 79,044 761,544 840587 15 ACTUAL 01/31/94 ______0 ______0 443,733 638,918 1,062,651 4,025,674 4,025,674 70,855,405 34,719,475 4,325538 8,526,359 8,207,713 ________0 0 55,781,085 2,310,223 6,032,285 64,123,593 6,731,812 964,951 4,109,970 (262,621) 12,069,355 11,806.734 ESTIMATED 2/1-6/30 4,280,691 192,433 180,291 452,133 5,105,548 10,528,996 10,528,996 62,532,777 41,129,646 4,964,517 13,155,072 642,410 _________0 0 59,891,645 4,763,883 8,522,385 73,177.913 (10,645,136) 875,218 PROJECTED 06-30-94 4,280,691 192,433 624,024 1,091,051 6,188,199 14,554,670 14^554,670 133,388,182 75,849,121 9,290,055 21,683,431 8,850,123 _________0 0 115,672,730 7,074,106 14,554,670 137,301,506 (3,913,324) 964,951 4,985,188 341,665 (10,111,583) (9,769.918) 79,044 1,957,771 2,036,815 II II II II II H H H H H II u u H II n LfTTLEROCK SCHOOL DISTRICT 1992-95 REVENUE ANO EXPENDITURES ACTUAL AND PROJECTED FOR COURT SUBMISSION 02-25-94 REVENUE - LOCAL SOURCES CURRENTTAXES____________ 40% PULLBACK DELINQUENT TAXES_________ EXCESS TREASURERS FEES DEPOSITORY INTEREST REVENUE IN LIEU OF TAXES MISC. AND RENTS INTEREST ON INVESTMENTS ATHLETIC RECEIPTS TOTAL REVENUE - COUNTY SOURCES COUNTY GENERAL SEVERANCE TAX TOTAL REVENUE - STA TE SOURCES MFPA_______________________ SETTLEMENT PROCEEDS SETTLEMENT LOAN APPORTIONMENT VOCATIONAL HANDICAPPED CHILDREN EARLY CHILDHOOD ORPHAN CHILDREN TRANSPORTATION COMPENSATORY EDUCATION M TO M TRANSFERS_________ ADULT EDUCATION TOTAL REVENUE - OTHER SOURCES PUBLIC LAW 874________________ TRANSFER FROM OTHER FUNDS TRANSFER FROM BOND ACCT TOTAL TOTAL REVENUE OPERATINQ ACTUAL 1992-93 39,701,855 22,220,949 4,293,380 145,690 360,734 245,162 574,918 208,519 87,005 67,838,212 73,428 18,031 91.453 25,275,221 8,926,606 1,500,000 72,694 1,261,451 1,139,235 234,403 3,540 3,198,252 563,602 2,127,216 799,544 45,101,764 40,866 171,006 0 211,872 113,2+3,307 16 PROJECTED 1993-94 39,590,079 21,420,949 4,827,370 146,379 303,000 182,353 484,050 319,042 102,874 7,378,096 73,419 18,000 91,419 25,569,811 8,094,112 0 0 1,341,887 1,210,000 240,873 3,540 2,700,000 575,435 2,883,425 768,715 <3,387,798 40,000 1,250,000 500,000 1,790,000 112,6+5,313 PROJECTED 1994-95 38,600,327 21,420,949 4,802,692 140,000 300,000 180,000 475,731 322,232 100,000 66,341,331 73,419 18,000 91,419 26,778,326 6,042,591 0 0 1,200,000 1,510,000 250,000 3,540 3,300,000 580,435 3,100,000 768,715 43,533,607 38,000 600,000 400,000 1,038,000 111,00+,^ ASSUMPT 1994-95 (1) (2) (3) (4) LII u 11 n ii q q q 11 q q q LITTLE ROCK SCHOOL DISTRICT 1992-95 REVENUE ANO EXPENDITURES ACTUAL AND PROJECTED FOR COURT SUBMISSION 02-25-94 ACmjAL 1992-93 PROJECTED 1993-94 PROJECTED 1994-95 ASSUMPT 1994-95 REVENUE-FEDERAL GRANTS CHAPTER I CHAPTER II TITLE VI B___________________ OTHER TOTM. REVENUE-MAGNET SCHOOLS STATE/LOCAL TOTAL REVENUE MgBcaa'............ TOTAL EXPENSES SALARIES BENEFITS SERVICES.su PP.EQUIP DEBT SERVICE CONTINGENCY RESERVE FOR ENCUMB TOTAL OPERAHNQ EXPENSES EXPENSES-FEDSiAL GRAFTS EXPENSES-MAGNET SCHOOLS TOTAL EXPENSES INCREASE (DECREASE) IN FUND BALANCE BEGINNING FUNO BALANCE FEDERAL_________________ OPERATING ENDING FUND BALANCE FEDERAL OPERATING TOTAL 4.288.755 215.020 589.011 1.221.200 6,313,986 13,548,434 13348,434 133,105,727 71.912.128 9.908.175 20.080.366 9.554.535 0 714,896 112.170,100 5,992,216 13,548,434 131.710,750 1,394,977 643,181 2,321,867 964.951 3.395.074 4.360.02S- 17 4.280.691 192.433 624.024 1.091.051 6,188,199 14,554,670 14354,670 133.388,182 75.849,121 9,290,055 21,683,431 6,850,123 0 0 115.672,730 7,074,106 14,554,670 137,301,506 (3,913,324) 964,951 4,985,188 79.044 1.957.771 2,036315 4,280,691 192,433 624,024 1,400,000 6.497.148 14,991,310 14,991,310 132,493X16 78.372.896 9.625.474 22.649.762 8.620.475 1.000.000 0 120.268,608 6.491,192 14,991,310 141,751,110 (9,257,694) 79.044 1.957.771 85.000 (7.305.880) (7320.880) (5) (6) (7) (7) (8) (9)n II LITTLE ROCK SCHOOL DISTRICT II ASSUMPTIONS 1994-95 II (1) II Current taxes will experience only minimal growth. A net reduction will occur in this line item when combined with the full year effect of the loss of revenues from household goods. ll (2) Delinquencies will remain relatively constant due to declining collection rates in previous years. II (3) The Arkansas Legislature will address formula concerns by converting to a fixed charge rate for personal and utility properties as well as infusing new dollars to create additional revenues. (4) II Recruiting efforts for the new Pulaski County Special School District interdistrict school will generate additional transportation reimbursement and M-to-M funding. II (5) Additional funds will be secured as a result of the efforts of the new grant writer. H q H (6) Vigorous recruitment efforts by the Little Rock School District will increase enrollment at the six original magnets. II II (7) Funds are included for increments for all employees and eight (8) additional 4-year old teachers and aides. (8) Funds are included for the Workers Compensation Insurance Program which must be funded by the District beginning July 1,1994. Additional requirements for lease purchase obligations are also included. (9) Savings as a result of current proposed and prior approved debt restructuring. 18LITTLE ROCK SCHOOL DISTRICT POTENTIAL BUDGET STRATEGIES 1994-95 Institution of an early retirement incentive program (with 100 participants) Potential Reduction Measures $ 1,000,000 9 ^0 ^(7) Salary freeze 2,286,000 Elimination of two (2) teacher contract days (changes contract length to 190 days) School closing (per location) Adjustments to vocational teacher contract lengths Reductions to fringe benefit contributions by 10% Outsourcing of transportation program 700,000 275,000 278,000 400,000 600,000 Redesign of delivery of Sth period 200,000 (9) (10) X(") (12) Reduction in contribution to New Futures program Reduction in materials and supplies (1%) Millage election (1 mill - 40% pullback) Draw down in desegregation loan fund 19 200,000 46,000 575,000 2.000,000 $ 8,560,000 LBBS
This project was supported in part by a Digitizing Hidden Special Collections and Archives project grant from The Andrew W. Mellon Foundation and Council on Library and Information Resoources.

<dcterms_creator>Little Rock School District</dcterms_creator>